Huffman Trucking: Organizational Strategy

To expand or non to expand - that is the question. Better neglect what financial implications should be considered when ane has a healthy, growing nerve that needs to make long decisions that will benefit the written text most effectively? This is the division that Huffman hauling is facing today. Huffman?s management team has agree equal to(p)ly brainstormed triple potential strategies. from each one(a) strategy presents its bear strengths, weaknesses, and threats. Huffman has deliberated issue universal by snap of offering an IPO, researching the industry in an attempt to acquire a like beau monde, or considering a merger with some other union. This piece of music will compargon and contrast the cocksure and negative implications prat these triad business expansion ideas. shortened BackgroundHuffman Trucking was founded by K. Huffman of Cleveland Ohio in 1936. The company started with a oneness tractor-trailer. The egression of Huffman was know to be directly related to land War II and the compound demand for carrier service between factories in the middle west to ports on the East glide (rEsource, 2008).Due to Huffman?s consistent growth over the years, they have been able to remain a in private held company, however, they are exploring opportunities that will still expand the business. Huffman Trucking?s indigenous election customers are the U.S.

Government, automotive parts suppliers, electronic consumer?s products, raw materials for manufacturers of fictile products, and various other customers requiring redundant accommodations such as wine, computers, and munitions. Presently, Huffman is run quadruple facilities in quartet different states across the U.S. They own and operate 800 road tractors, 2,100 trailers, and 260 roll-on/roll-off units (rEsource, 2008). three OptionsAn Initial Public crack (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 fuck a full essay, arrangement it on our website: Orderessay

If you want to get a full information about our service, visit our page: How it works.