Note

Case Solution for Michelin in the Land of the Maharajahs (A): Note on the Tire Industry in India

Complete Case details are given below :
Case Name :      Michelin in the Land of the Maharajahs (A): Note on the Tire Industry in India
Authors :           Pierre-Xavier Meschi
Source :             Ivey Publishing
Case ID :            907M30
Discipline :        Strategy
Case Length :    20 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
As opposed to other emerging countries, the tire market in India was almost exclusively dominated by local players: 90% of all tires on the Indian market were made and sold by local Indian companies. It is important to note that the big names of the world tire industry–Michelin, Bridgestone, Goodyear, and Continental–were hardly visible in India. Michelin was absent from the Indian tire market and it is very surprising that the world leader of the tire industry had neither a production facility nor a distribution network in India. Why such an absence? Why did Michelin have so little presence in Asian emerging countries and especially in India? Presents the main features of the tire industry in India and allows students to carry out a comprehensive strategic evaluation of the industry’s attractiveness as well as an in-depth analysis of the structure of competition. They will also conduct performance analysis for each company.
 
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Case Solution for Note on the Global Hotel Industry

Complete Case details are given below :
Case Name :      Note on the Global Hotel Industry
Authors :           Gevork Papiryan
Source :             Ivey Publishing
Case ID :            908M28
Discipline :        General Management
Case Length :    23 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
The hotel industry has experienced tremendous growth since the 1980s and has emerged as a global industry. During the expansion processess and rise of competition, multinational, multi-brand corporations, such as Hilton Hotels Corporation, were in the process of finding new markets and setting priorities. On the other hand in emerging markets, such as Russia, most of the national hotel industry had been formed under the pressure of foreign hotel chains. In addition to competing with foreign firms in their own markets, local Russian companines were also planning to enter international markets. In this environment where competition was strengthening within the global hotel industry, and new players were emerging, a number of questions and challenges existed: 1) How could firms effectively leverage their competencies and increase their competitiveness? 2) Would the multinational hotel corporations continue to expand their brand portfolios? 3) How could hotel chains maintain their integrity during the expansion on a global scale? 4) What strategies might apply to convince Western hotel companies to compete in emerging markets? 5) Which direction would further develop the hotel industries in emerging economies.
 
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Case Solution for HAG’s Singapore Note Issue

Complete Case details are given below :
Case Name :      HAG’s Singapore Note Issue
Authors :           Sundaravaradhan Venkatesh
Source :             Ivey Publishing
Case ID :            W13368
Discipline :        Finance
Case Length :    13 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In May 2011, Hoang Anh Gia Lai (HAG), a leading real estate company in Vietnam, was going to issue US$90 million of 9.875 senior notes (a debt instrument) in Singapore, due 2016. The company estimated the net proceeds from this offering, after deducting underwriting discounts, commissions and other estimated expenses, to be approximately US$80.7 million. From the perspective of an analyst at a brokerage firm who was monitoring HAG, there were many questions of interest arising from the note issue. These included the cost of the debt and the reasons why HAG chose to raise the money in Singapore, and not in Vietnam. What was the cost at which HAG was borrowing through the Singapore note issue? Was HAG’s level of borrowing, after the note issue, exceeding the optimal level? What was the likelihood that HAG would be downgraded within a year from its B rating from Standard and Poor’s? How would the risk to HAG’s equity be affected as a result of the issue? Would HAG’s stock price decline? The brokerage firm analyst needed to decide whether her firm should offload its equity holding in the company.
 
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