MBA540 Lester Electronics Alternative Benchmarking Team Paper

Essay by time4dawnnnowUniversity, Master's May 2008

download word file, 10 pages 0.0

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Lester Electronic Alternative Benchmarking

Shauntel Bennett, Russell Brevick,

Dawn Coffinberry, and Willisha Slade

University of Phoenix

"A word to the wise ain't necessary -- it's the stupid ones that need the advice." Bill Cosby is credited for these words and many other funny and memorable phrases. You may be asking, what does this quote have to do with the Lester Electronic Alternative Benchmarking paper our team is presenting? You will have to wait and see. The purpose of this paper is to give you the results of our team's benchmarking. A quick overview will get you up to speed.

There are many opportunities for several companies in the Lester Electronics scenario. Lester Electronics, Inc. (LEI), Shang-wa Electronics, Avral Electronics and Transnational Electronics Corporation (TEC) are all on the warpath to arrive or to drive on the highway of success.

Potential merger, hostile take over, general partnership, and acquisitions are all possible outcomes of this business soap opera in the making. LEI was founded by Bernard Lester in 1978. Since then he has had over three decades of a successful business relationship with his exclusive parts distributor, Jon Lin of Shang-Wa (Scenario, 2007). Jon Lin was approached by TEC CEO, David Antone with his interest in the acquisition of Shang-Wa.

This would cripple LEI since almost half of their future five-year revenues would be dangling like bait in front of a hungry shark. If TEC takes over Shang-Wa, LEI would be up the creek and their long-term agreement would be like dust in the wind. To add to the drama, Robert Paget of Avral Electronics is jockeying for position for the acquisition of LEI (Scenario, 2007). With so many possible directions, LEI has proposed a merger with...