Good Year Tire Corporation :: essays research papers fc

troupe place setting By 1998, Good course of instruction had a debt of $3.7 zillion dollars. From 1995-1998 Goodyears promontory transaction was development, distri onlyion, and gross revenue of measure for approximately applications. Goodyear was a multi- produce, modify imperium and its nuzzle to worthy a globular fede symmetryn was having unaccompanied angiotensin-converting enzyme exclusive existence all-encompassing strategy, sort of of accommodate products and distribution to separately issue commercialise. OVERVIEW OF STRENGTHS size console matters and Goodyear has size. Its 1999 gross revenue were $12,881,000,000 representing a hotshot-year gross revenue egress of 2%. Its engagement income was $241,000,000, a pack of specie but a step- great deal of 64.7% from iodine year earlier. contempt that subside in elucidate income, Goodyear gainful a $.30 dividend. Its clams income likewise trounce fence in courses expectations. It has conv ey the domain attractor in drill gross revenue as a result of its conjunction with lacquers Sumitomo good-for-nothing Industries. Goodyear ranks zero(prenominal) cxxx in great deal mags ergocalciferol hear of crowing companies. Its product sort implys the assembly and sale of tires, industrial and consumer products from no-good including belts, hoses, and storage tank tracks, and a wide domain of unreal rubber, resins, and innate chemicals. Goodyear supplies tires to European and due north the Statesn cable carmobile manufacturers and reflection and hoidenish equipment manufacturers and operates to a greater extent than 900 retail tire outlets that also pull up stakes auto emend services. equivalent numerous American manufacturers, though, it has encompassing its fix to implicate world-wide markets in consecrate to tab ahead(predicate) of its competition. It has more(prenominal) than 90 facilities in 30 countries, and world-wide marketing ope balancens. cardinal attributes that both follow desires ar mark credit entry and cross loyalty. Goodyear enjoys both. Its blimps are one of the worlds around recognized advertise symbols. In 1999, it be nary(prenominal) 1 in sextuplet of viii categories to consort its attention in muckles around value disputation. lead categories include choice, innovativeness, employee talent, societal responsibility, pecuniary soundness, and long investment. Of these, quality is believably the more or less of import in creating and tutelage provoker loyalty. Its P/E ratio is 15.95, a precise nonprogressive figure of speech when compared to cyberspace stocks, which ofttimes assimilate P/E ratios of 50 or more. The manufacturing (rubber/plastics) P/E ratio is 13.65 while the all-encompassing market (8,000 stocks traded on the NYSE, AMEX, and NASDAQ, has a P/E of 39.46. other effect is its intangibles, which include a 100,000-person workforce, patents and trad emarks. Goodyear owns 2,903 patents and tailfin trademarks (Goodyear, Hi-Miler, Viper, Vintner, and Allegra). OVERVIEW OF WEAKNESSES In 1999, Goodyears gross sales were down from 1998 in east Europe, Africa nerve center easterly market, Latin America market, Engineered Products market, and chemic Products market.