Rocky Mountain Fiberboard Case

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Mary N

 

Date added:

June 21, 2015

 

Level:

 

Grade:

A

 

No of pages / words:

11 / 2913

 

Was viewed:

2720 times

 

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Essay content:

Another objective for creating this organization was the tribe's desire to expand into other diversified projects. At this point in time, RMF is in deep financial difficulties. The financial statements for the year ending 2001 indicate a loss of $1.9 million on sales of $1.7 million and over $4.5 million in debt and payables of over $800,000...
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Its internal cash flow situation is negative putting excessive financial pressure on the owners and indicating a dire need for RMF to take major strategic actions in order to turn the company around. The company faces many strategic issues: ? RMF product quality is extremely low. Over the years RMF has been using outdated manufacturing equipment which offer less flexibility and are less automated than the existing models being used by competitors...
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