Saturday, December 21, 2019

Background Information Bob Carlton Essay - 1418 Words

Background Information History Bob Carlton, the CEO of OptiMotors Industries, fascinated to car races. His uncle Mel had a muffler shop in Chickasaw, Alabama. Bob helped his uncle work pit crew on weekends. When Bob was twenties, he tried to drive. He was not a talented driver or a car racer, however, he has the talent for making a great engines. Therefore, Mel gave him a corner in the shop and he soon started up his own business and his own racing-team clientele. Development Bob Carlton made high quality products and satisfied the customers. His business was doing very well and never lacked for customers. Indeed, there was a long customer waiting list, which is surprisingly that customers were willing to endure. As the business went so well, Roland, his accountant, asked him to expand his business. At the first, Bob was nervous to expand his business. He was a technician and knew a little about business, so he did not want to take risk on loaning a lot of debt. Two years ago, Bob had met the angel investors who were contacted by Roland. The â€Å"angels† were very impressive and knew about Bob’s business. The â€Å"angels† admitted to help Bob expand his company. However, there were some strings attached, such as OptiMotors had to invest in some high-powered sales leadership and assigned him as the headhunter. However, Bob did not know how to hire â€Å"high-powered†. He believed that the key to his business success was by word of mouth and the quality of his products. GalenShow MoreRelatedBackground Information On American Association For Stock Car Auto Racing1638 Words   |  7 PagesBackground Information History Bob Carlton worked for his uncle, Mel, in a muffler shop in their hometown of Chickasaw, Alabama when he was young. He tried his first time driving and found out that he was not talented at it. Instead, he was good at making the engines. Thus, his uncle gave him a corner of the shop to develop his interest: auto parts. He then outgrew and had his own racing-team clientele. With the phenomenal boom in the National Association for Stock Car Auto Racing (NASCAR), he neverRead MoreRR Case8502 Words   |  35 Pagesa decision/dilemma at the time of case. In these cases I will ask you to put yourself in the entrepreneur’s shoes and come up with a course of action that you would undertake if you were in the same situation. Turning back to the RR case, clearly Bob Reiss appears to be a successful entrepreneur but it is worth digging for factors that may explain why he was successful. The individual write-up assignment is geared towards making you aware of how I expect you to prepare for cases. The assignmentRead More The Problem of Capital Punishment Essay3342 Words   |  14 Pagescountries mentioned was below 2 persons killed in 100,000, while that of the U.S. was three times higher, at 6.26 (www.deathpenaltyinfo.org). Canada’s homicide rate since capital punishment was abolished in 1976 has fallen 23%. 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No part of this work may be reproduced or utilized in any form or by any means, electronic or mechanical, including photocopying, microfilm, and recording, or by any information storage and retrieval system, without permission in writing from the publisher. Printed in the United States of America. Routledge, Taylor Francis Group, 270 Madison Avenue, New York, NY 10016. IM-1826 CONTENTS Introduction Chapter 1. IntroductionRead MoreSeven Practices of Successful Organizations14082 Words   |  57 Pagescompensation contingent on organizational performance. †¢ Extensive training. †¢ Reduced status distinctions and barriers, including dress, language, office arrangements, and wage differences across levels. †¢ Extensive sharing of financial and performance information throughout the organization. E Reprinted by permission of Harvard Business School Press. Excerpt of THE HUMAN EQUATION: Building Profits by Putting People First by Jeffrey Pfeffer. 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