Resolute Forest Products Inc Research Paper Example | Topics and Well Written Essays - 2500 words

Resolute Forest Products Inc - Research Paper Example Where there is competition, there is always the need to devise a competitive strategy that can guarantee competitive advantage for the company. It is in line with this that a comprehensive company analysis is necessary to identifying the current market position of the company, understanding ways in which the company has responded to the competitions that it is faced with, what the weaknesses and strengths of the company has been in its quest to be competitive, corporate strategies that can work best for the company, and a comprehensive financial assessment for the company. Presently, Resolute Forest Product Inc can be said to be at a position where the company has failed to maximise its potential on the global economic competition. As a result, even though the company continues to record increases in revenue and operating incomes, these have not been translated into net income, total assets, and total equity. 2.0 Organization Overview Resolute Forest Product Inc is the outcome of a m erger between Bowater and Abitibi-Consolidated, which took place in January 2007. The company is mainly into the manufacturing of pulp and paper and is headquartered in Montreal, Quebec, Canada. Noting the importance of supply chain management to the company and the devastating consequence that can be associated with shortages in supply of raw materials, the company has as part of its major corporate strategies to operate and manage its own forest base that is responsible for supplying the company with its raw materials (Kanter, 2012). In line with this, the company boasts of owning an approximate value of 14.9 million hectares of forestland in North America as at the end of 2011 (Kim, 2011). This has generally being a workable strategy that has made the company to become recognized with efficiency in meeting demand from consumers. With growing concerns on global warming and the need to reduce the emission of greenhouse gases, Resolute Forest Product Inc pledged its commitment to th is call in November 2011 when it became a member of the World Wildlife Fund’s Climate Saver’s Program (Chen, 2012). Together with other stakeholders and members therefore, the company is in a joint course to helping reduce greenhouse gas emission by 65% by 2015. The operations of the company have not been free from lawsuits to and from the company. For example in May 2013, The Star (2013) reported of a $7,000,000 defamation lawsuit filed against Greenpeace Canada and some of its employees for alleged interference with economic relations with their customers (Aulakh, 2013). Greenpeace Canada has however seen the lawsuit as a mere attempt to for Resolute to launch a Strategic Lawsuit Against Public Participation (SLAPP). 3.0 SWOT Analysis Strength Weaknesses 1. The company has a very reliable raw material base that makes the dependence on suppliers very limited. 2. Reduced dependence on suppliers means the company has sufficient savings on external spending that minimize d the cost of doing business 3. The company commands very high annual revenue and operating income that makes it have very strong competitive urge over its competitors, knowing that diversification and other means of raising funds for the company with

History of the Rockettes Research Paper Example | Topics and Well Written Essays - 1250 words

History of the Rockettes - Research Paper Example The Rockettes have a long history that spans several decades. Most people who enter the Radio City Music Hall may not know that the Rockettes were a group that was formed in 1925 in St. Louis, Missouri by Russell Markert. Markert originally called the group, â€Å"The Missouri Rockets† (The Radio City Rockettes). Markert decided to create this group after he saw the John Tiller Girls who were a part of the Ziegfeld Follies in 1922. Markert thought that he would be able to put together a group comprised of leggy women who could do â€Å"complicated tap routines† and â€Å"eye-high kicks† that in his words, would â€Å"knock your socks off† (The Radio City Rockettes). Eventually, the Missouri Rockets were moved to New York to perform at the Roxy Theater, then owned by S.L. â€Å"Roxy† Rothafel, who was the theater impresario. The Missouri Rockets performed in a program at that time called Rain or Shine. There were actually three different groups of women who comprised the Missouri Rockets until Rothafel, so imp ressed by the women, pulled them all together and renamed them the Roxyettes. In 1932, the Radio City Music Hall had its opening night and the Roxyettes performed for the first time on this stage; since then, there have been hundreds of performances and they have become famous. During this opening night, they were part of 17 groups who performed including such performers as the Flying Wallendas, Ray Bolger and Martha Graham (The Radio City Rockettes). In 1934, the group was â€Å"streamlined† and the Rockettes were born. In the early years of the Rockettes all girls were white and their height had to be between 5’6† tall and 5’10† to 5’10  ½Ã¢â‚¬  tall. In 1985, Setseko Maruhashi became the first Asian (Japan-born) Rockette and in 1988, Jennifer Jones became the first African-American. For many years, there was controversy about hiring African-Americans because it was felt that they would â€Å"distract from the consistent