Truck Stops In Kent Washington | Management Theory Review: Corporate Diversification Strategy - Theory - Review Notes
Amenities, maps, truck stops, rest areas, Wal-mart, truck dealers, clean outs, bridges, steep grades and much more. If I wouldn't have checked all the details again I would of never M. This location was great, they had the rental I reserved at the time I reserved it for and getting in and out was very fast. Reyn Logistics LLC — Seattle, WA. If you do not pay cash for tolls at an issuer-designated toll payment station, or if the roadway does not accept cash payment, once you pass through an in-network electronic toll, a photo will be taken of the license plate and you automatically opt into the PlatePass® toll service. Truck stops in kent washington post article. Working knowledge of computers. Budget will also require a valid U. issued Driver's License from all drivers of rental equipment. Job Posting for Cashier - Truck Stop Kent at Ernie's Fuel Stops. Moses Lake, WA 98837. You will pay the full rate for each or partial rental day or time slot as stated on the Rental Document. RETURN OF THE TRUCK: You will return the Truck to us, in the same condition as when you rented it, on the due date and at the time specified on the Rental Document. As and when directed by us, you will have any necessary servicing or maintenance of the Truck performed during the rental.
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Access Information Management — SeaTac, WA 3. BBB Business Profiles are subject to change at any time. Route Options: Local, Regional, OTR Long Haul. Pacific Coast Fruit Company is a local, family-owned produce distributor that has proudly served our Pacific Northwest retail, wholesale and food service customers since 1977. To the extent applicable law requires that we provide protection other than as described above, it will not exceed the minimum financial responsibility limits and/or, minimum no fault benefits required by the laws of the jurisdiction in which the accident occurs. Your copy of this agreement should be carried in the truck at all times during the rental. If you drive a big rig, you need this app. In addition to having access to 55, 000 sites nationwide, PetroCard owns and operates Ernie's 3 premier full service fuel locations in Washington and 97 other Pacific Pride & CFN cardlocks in WA & OR. Business Started Locally: -. Pilot Flying J Locations in WA. Manual Transmission Required. TOW DOLLY INSTRUCTION AND CAR CARRIER LOADING AND UNLOADING INSTRUCTION VIDEOS ARE POSTED ON BUDGET TRUCK WEBSITE AT OR DOWNLOAD THE VEHICLE TOWING GUIDE also found on our website.
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We are also authorized to act as your agent for unloading, inventorying and storing any such property and paying third party vendors. For convenience, a list of the most popular web browsers can be found below. Amenities, maps, truck stops, rest areas, Wal-mart and casino parking, RV dealers, sporting goods stores and much more. You understand that fuel or optional refueling services are not available at all locations and the charges will vary by location. Truck stops in kent washington near. If you use the PlatePass service at any time during your rental, you agree to pay a convenience fee for each day on which you incur a toll which will have a maximum amount per rental period (not to exceed 30 days). The owner was very nice and pleasant. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Company Matched 401(k) Retirement Plan. Please contact your IT support about enabling javascript on your computer. Ernie's Kent Truck Stop has 3. You understand that the charges for physical damage to the Truck, as indicated in our current counter chart, are based on our actual repair experience.
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Video-Plate-Based Electronic Tolling. TRUCK BEING TOWED MUST BE THE TYPE OF TRUCK IDENTIFIED ON THE RENTAL AGREEMENT AT THE ORIGINATION LOCATION. The competitive per gallon rates may be higher than retail fuel prices at fuel retailers, such as service stations. Ernie's Kent Truck Stop on 84th Ave in Kent, WA - 253-872-8368 | USA Business Directory. If you are intending to assert a claim against Budget Truck, you must send the written notice of the claim to Attention: Budget Truck Rental, LLC, 6 Sylvan Way, Parsippany, New Jersey, 07054 Attn: Legal Department.
The pick-up location, drop-off location, time of rental and date of rental selected in a reservation is a preference only and, if a preference selected is not available, Budget Truck Rental ("BTR") reserves the right to offer a customer alternatives. C. BASIC LIABILITY INSURANCE (BLI): When added to the Rental Agreement, Budget Truck Rental, LLC will extend its coverage to take primary position up to 100/300/25. You acknowledge that the Truck is owned by us that you have no authority to sublease or transfer the Truck and that any attempt to do so is void and constitutes a breach of this agreement. A basic understanding of the VELUX product line is preferred. HD Supply — Kent, WA 3. YOU UNDERSTAND THAT YOU ARE ALSO RESPONSIBLE FOR ALL MECHANICAL DAMAGE TO THE TRUCK RESULTING FROM YOUR VIOLATION OF THIS AGREEMENT, SUCH AS FROM PUTTING THE WRONG FUEL IN IT, OVERLOADING, OR FAILING TO HAVE THE TRUCK SERVICES AS DIRECTED BY US. Job Location: Kent, WA. PLEASE READ THIS PROVISION CAREFULLY. You also authorize the Toll Administrator and Budget Truck to charge your credit/debit card for all e-Toll fees described above based on the option that you select. You agree to contact the return location before returning the Truck to verify availability of and charges for fuel or optional refueling service. Truck stops in kent washington zip. Estimated: $1, 000 - $6, 000 a week. Group Health Insurance Plan. BREACH OF AGREEMENT, HANDLING PROPERTY AND ASSOCIATED COSTS: If you do not honor your obligations under this agreement, in addition to our damages we will be entitled to reasonable costs, expenses, a reasonable administrative fee and attorney's fee to enforce this agreement. It is the entire agreement between us concerning this rental.
A joint venture is an attractive way for a company to enter a new industry when. C. are more associated with unrelated diversification than related diversification. N A multinational diversification strategy provides opportunities for sister businesses to collaborate in developing and leveraging competitively valuable resources and capabilities. Acquisition of an existing business is an attractive strategy option for entering a promising new industry because it. Management Theory Review: Corporate Diversification Strategy - Theory - Review Notes. C. When the pioneer's skills, know-how and products are easily copied or even bested by late movers. When a company possesses the skills and resources to overcome entry barriers and there is ample time to launch the business and compete effectively. C. the strategy maps of the various business units converge.
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Build cash reserves; invest in short-term securities. D. Diversification merits strong consideration whenever a single-business company near me. in production and distribution activities only. Business units that consistently earn above-average returns on investment and have bigger profit margins than their rivals usually have stronger competitive positions. When a company spots opportunities to expand into industries whose technologies and products complement its present business. For example, Honda's name in motorcycles and automobiles gave it instant credibility and recognition in entering the lawn mower business, allowing it to achieve a significant market share without spending large sums on advertising to establish a brand identity.
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E. will benefit shareholders due to gains in earnings per share and faster stock price appreciation. Bear in mind three things here. Other business units, despite adequate financial performance, may not mesh as well with the rest of the firm as was originally thought. The greater the relatedness among the value chains of a diversified company's sister businesses, the bigger the window for converting strategic fits into competitive advantage via (1) cross-business transfer of valuable competitive assets, (2) the capture of cost- saving efficiencies via sharing use of the same resources, (3) cross-business use of a well-respected brand name, and/or (4) cross-business collaboration to create new resource strengths and capabilities. 0 a business unit's relative market share is, the weaker its competitive strength and market position vis-à-vis rivals. N Company profitability may prove somewhat more stable over the course of economic upswings and downswings because market conditions in all industries don't move upward or downward simultaneously. The intensity of competition in an industry should nearly always carry a high weight (say, 0. C. Diversification merits strong consideration whenever a single-business company 2. pinpoints what strategies are most appropriate for businesses positioned in the three top cells of the matrix but is less clear about the best strategies for businesses positioned in the bottom six cells. D. the firm has no prior experience with diversification. A company's competitiveness depends in part on being able to satisfy buyer expectations with regard to features, product performance, reliability, service, and other important attributes. That can be transferred to the products of other businesses.
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C. A producer of canned soups acquiring a maker of breakfast cereals. D. sharing common administrative and customer service infrastructure. Restructuring a Company's Business Lineup Restructuring involves divesting some businesses and acquiring others to put a whole new face on the company's business lineup. C. Diversification merits strong consideration whenever a single-business company stock. self-supporting stars use their cash flow to fund cash cows. Evaluate the long-term attractiveness of the industries into which the firm has diversified.
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Have no power to sustain. Check whether the firm's resources fit the requirements of its present business lineup. Johnson & Johnson has used acquisitions to diversify far beyond its well-known Band-Aid and baby care businesses to become a major player in pharmaceuticals, medical devices, and medical diagnostics. C. The target industry is growing rapidly and no good joint venture partners are available. It can offer opportunities for reducing costs and for leveraging use of a competitively powerful brand name. Unrelated diversification certainly merits consideration when a firm is trapped in or overly dependent on an endangered or unattractive industry, especially when it has no competitively valuable resources or capabilities it can transfer to a closely related industry.
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B. companies offering the biggest potential to reduce labor costs. The further below 1. C. when one or more businesses are cash hogs with questionable long-term potential. C. Low incremental investments to establish a Web site and the ability of customers to use existing company store locations to view and inspect items prior to purchase. Strategic fit between two businesses exists when the management know-how accumulated in one business is transferable to the other. C. generates positive retained earnings, whereas a cash hog business produces negative retained earnings. E. companies that are employing the same basic type of competitive strategy as the parent corporation's existing businesses. There is a small pool of desirable acquisition candidates. In companies pursuing unrelated diversification, top executives spend much time and effort screening acquisition candidates and evaluating the pros and cons of keeping or divesting existing businesses, using such criteria as: n Whether the business can meet corporate targets for profitability and return on investment.
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B. enable a company to achieve rapid or continuous growth. Any effort to capture the benefits. C. is a less risky way of passing the attractiveness test. E. all of these choices are correct. A. the business lineup includes a number of cash cows.
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A. they are in different industries. A nine-cell grid emerges from dividing the vertical axis into three regions (high, medium, and low attractiveness) and the horizontal axis into three regions (strong, average, and weak competitive strength). B. company lacks sustainable competitive advantage in its present business. 3 Related Businesses Possess Related Value Chain Activities and Competitively Valuable Cross-Business Strategic Fits.
D. The strategic fit test, the industry attractiveness test, the growth test, the dividend effect test and the capital gains test. Increase dividend payments to shareholders. Build a portfolio of businesses in unrelated industries by acquiring companies in any industry with growth and earnings prospects that can satisfy the industry attractiveness test and by acquiring undervalued or underperforming businesses that present appealing opportunities for being overhauled in ways that will result in big gains in profitability. Capabilities by expanding into businesses where these same resource strengths. An absence of competitively valuable strategic fits between the value chains of business A and business B. 75 Profitability relative to competitors 0. A. have a quantitative basis for identifying which businesses have large/small competitive advantages or competitive disadvantages vis-à-vis the rivals in their respective industries. In principle, diversification into a new business cannot be considered wise or justifiable unless it offers good prospects of added long-term economic value for shareholders—value that shareholders cannot capture on their own by purchasing stock in companies in different industries or investing in mutual funds or exchange-traded funds (ETFs) to spread their investments across several industries. A Catch-22 can prevail here, however. Can much competitive value be gained from cross-business transfer of technology, skills, or know-how to correct the resource deficiencies of certain businesses and boost their bottom lines? The next two sections explore the ins and outs of related and unrelated diversification.
Indeed, a strategy of multinational diversification contains more competitive advantage potential (above and beyond what is achievable through a particular business's own competitive strategy) than any other diversification strategy. A diversified company has a good financial fit when the excess cash generated by its. A. the difficulties of passing the cost-of-entry test and the ease with which top managers can make the mistake of diversifying into businesses where competition is too intense. The strategic options boil down to five broad categories of actions: n Sticking closely with the existing business lineup and pursuing the profitable growth opportunities these businesses present. C. Added ability to interest potential buyers in purchasing the company's products. E. expand into foreign markets where the firm currently does no business. 5 A Nine-Cell Industry Attractiveness–Competitive Strength Matrix. Strategic fits with other businesses within the company enhance a business unit's competitive strength and may provide a competitive edge. 1 Identifying a Diversified Company's Strategy. But there are some additional aspects to consider and a couple of new analytic tools to master. Three, the benefits of cross-business strategic fits are not automatically realized when a company diversifies into related businesses—the benefits materialize only after management has successfully pursued internal actions to capture them. Fund long-range R&D ventures aimed at opening market opportunities in new. On occasion, restructuring can be prompted by special circumstances—for example, when a firm has a unique opportunity to make an acquisition so big and important it has to sell several existing business units to finance the new acquisition, or when a company needs to sell off some businesses to raise the cash to enter a potentially big industry with wave-of-the-future technologies or products.
Are valuable competitive assets. Avoiding the extra costs associated with operating Web site e-stores. Do any of the company's individual businesses present financial challenges in contributing adequately to the company's financial performance and overall well-being? Conditions in the target industry are sufficiently attractive to permit earning consistently good profits and returns on investment. Explanation: Diversification is a business strategy in which a company enters a field or market different from its core activity. D. are present whenever diversification satisfies the attractiveness test and the cost-of-entry test.
Answer: The correct answer is B. C. To be a late mover (because it is cheaper and easier to imitate the successful moves of the leaders and moving late allows a company to avoid the mistakes and costs associated with trying to be a pioneer—first-mover disadvantages usually overwhelm first-mover advantages). The more adept corporate-level executives are at effectively building, nurturing, and deploying a rich collection of corporate parenting capabilities, the more able they are to create added value for shareholders in comparison to other enterprises pursuing unrelated diversification—diversified corporations with top-flight parenting capabilities have what is called a parenting advantage. Which of the following statements about corporate diversification is incorrect? 7, and low strength as scores below 3. A. each business's profit and growth prospects. A widely known and respected brand name is a valuable competitive asset in most industries. Further, if Sony moves into a new country market for the first time and does well selling Sony. Which of the following statements about cross-business strategic fit in a diversified enterprise is not accurate? A. are cost reductions that flow from cost-saving strategic fits along the value chains of related businesses in the business lineup of a multibusiness corporation.
CORE CONCEPT The basic premise of unrelated diversification is that any company or business that can be acquired on good financial terms and has satis factory growth and earnings potential represents a good acquisition and a good business opportunity. Is this content inappropriate? A business in a fast-growing industry becomes an even bigger cash hog when it has a relatively low market share and is pursuing a strategy to become an industry leader. Industries where buyer demand is relatively steady year-round and not unduly vulnerable to economic ups and downs tend to be more attractive than industries where there are wide swings in buyer demand within or across years. D. using the results of the prior analytical steps as a basis for crafting new strategic moves to improve the company's overall performance. B. will make the company better off by improving its balance sheet strength and credit rating.