Huffman Trucking: Organizational Strategy

To expand or not to expand - that is the question. Better yet what financial implications should be considered when wizard has a healthy, growing perkiness that needs to make long-term decisions that will benefit the arranging most effectively? This is the matter that Huffman hauling is facing today. Huffman?s management team has agree subjectly brainstormed three potential strategies. from each one strategy presents its birth strengths, weaknesses, and threats. Huffman has deliberated going commonplace by focalize of offering an IPO, researching the industry in an attempt to acquire a like beau monde, or considering a merger with other company. This piece of music will comp ar and contrast the positive degree and negative implications prat these three business expansion ideas. draft BackgroundHuffman Trucking was founded by K. Huffman of Cleveland Ohio in 1936. The company started with a exclusive tractor-trailer. The growth of Huffman was know to be directly rela ted to being War II and the enhanced demand for carrier function between factories in the Midwest to ports on the East marge (rEsource, 2008).Due to Huffman?s consistent growth over the years, they have been able to remain a privately held company, however, they are exploring opportunities that will besides expand the business. Huffman Trucking?s primary election customers are the U.S.

Government, automotive parts suppliers, electronic consumer?s products, raw materials for manufacturers of malleable products, and various other customers requiring additional accommodations such as wine, computers, and munitions. Presently, Huffman is operational quadruple facilities in four differe nt states across the U.S. They own and opera! te 800 road tractors, 2,100 trailers, and 260 roll-on/roll-off units (rEsource, 2008). terzetto OptionsAn Initial Public offering (IPO) occurs when a private company first offers its stocks for purchase to the public (Keown, Arthur, Petty, and Scott, 2005, p11). This sale occurs on the primary market. This process is often referred to as going public. If you want to live a full essay, regulate it on our website: OrderEssay.net

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