Buy custom Ocean Manufacturing, Inc.: The New Client Acceptance Decision
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 627 |
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This is exactly what Ocean Manufacturing Inc. is asking Barnes and Fischer to do. Because they are not yet a public company, consulting services are allowed. Ocean is "concentrated on maintaining a steady growth rate by providing reliable products with a moderate to low price range." Their current management goal is to aggressively expand from a regional to a national market, and they have been successful at this with three resent accounts with large retail chains...
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Out of 1200 active credit customers, the "six largest customers account for 15% of accounts receivable." This means they have been successful in supplying to these larger retailers and are continuing to expand. Because of this, sales and earnings are expected to grow. Ocean has therefore expanded manufacturing...
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