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Topic: Business
Number of pages / Number of words: 13 / 3632
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What’s more surprising is that even though they faced there share of the problems, both Oldsmobile and Nuclear Corp. manage so sustain the industry pressure for a considerable period of time. This clearly indicates that the management in NUCOR had a clear objective of doing business and to make money but they had no clear direction when it came to the nature of the business and the future of the company and thus the company performance was less than satisfactory...


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came when it acquired a steel joist manufacturer from South Carolina, called Vulcraft, in 1962 (Gordin, 2007). When Nuclear purchased Vulcraft in 1962, there was no strategic link between the two organizations. Vulcraft was acquired as a financially attractive target (Gordin, 2007), which again reflects on the mindset of the management that they wanted to make money but they lacked a clear and well defined path to follow...


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