Virtual Organization Strategy Paper

Huffman hauling is a keep caller founded by K. Huffman back in 1936. World War II helped Huffman Trucking to move anterior increasing their demand among the Midwest ports all the instruction to the East Coast ports offering their carrier services. Huffman Trucking started with only(prenominal) a single tractor-trailer and nine years later the company increased their size to 36 trailers. The U.S. G everyplacenment, manufacturers of plastics products, and electronic consumer products are almost of the primary customers who Huffman Trucking works with. With facilities in Cleveland, Bayonne, St. Louis, and Los Angeles Huffman Trucking employs over a thousand personnel divided between drivers and turn out personnel. Team B analyzes the best option for Huffman Trucking between going public through an IPO, acquiring some other company within the same industry, or merging with another organization. canvass the strengths, weakness, opportunities, and threats of all three options will help Team B to make a smart decision. Strengths of Each Approach Huffmans Trucking has many improvements for a going public. The most distinct advantage is the financial benefit in the form of raising capital. Huffmans capitals are to fund research and development, fund capital usance or even used to pay off exist debt.

An increased public awareness of Huffmans company is another advantage because IPOs mostly gain publicity by devising potential customers aware of their products. This may cause an increase in market share for the company. Many companies have to cash in on the success of companies that they helped start-up using IPOs (Investopia, 2010). Advantages of Huffman merging and acquisitioning are to furbish up the short -term and long-term company strategic outlook of the immature and determined company. This is many factors such as market conditions, differences in business culture, acquisition costs and changes to financial strength touch the corporate takeover (Berry, 2002-2010) A merger is... If you want to occupy a full essay, order it on our website: Ordercustompaper.com

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