Lumber Case Studies Samples For Students

What ethical issue or dilemma was Bob Hopkins facing?

Bob received an order from Stan inquiring about the availability of 3x12 Doug fir rough sawn lumbers. When his partner asked him if he had received any orders for scaffold planks, he began to hesitate and felt that something was up. From the information that Mike was giving him, they had received three inquiries from Stan that had the same tally. The scaffold planks were usually stronger than the ordinary lumber and were used between the metal supports often in the construction of high storey buildings. Further, scaffolding grading was different from the ordinary grading since their strength was ...

Bob Hopkins was caught up in a dilemma on whether to sell the ordered lumber as scaffold planks and yet he knew that it was the regular lumber. Scaffold planks are special lumbers for use in construction business. It is required by law that these planks should meet some specified requirements which are not present in regular lumber. Thus, both Stan and John White try to sweet talk Bob so that he would sell the lumber without asking questions of use. However, this is unethical in business and would constitute into a violation of the set business law. This would result ...

Clarkson Lumber is a young company that needs many sources of finance to keep running its operations. However, recently a bank has denied Clarkson Lumber a financing of $750,000. This is a big loss for the company. The company is highly geared with the leverage of $1 amount of debt for every $1 of equity invested. The current ratio of the company is also in a bad condition signifying working capital difficulties. For every $1 in current liability, the company has only $0.6 in current assets. This situation is very alarming. In future, if the creditors of the company ask Clarkson Lumber to ...

Introduction

International business environment imposes more challenges on contemporary corporations, driven by the complexity of global business, supply chain and the variety of external pressures, which shape and determine the direction in which the organizations develop. The case dwells upon the development and current strategic issues, which are set in front of the Chabros International Group management, looking at the future development of the organization on the edge of global financial crisis and drastically droppings sales. The company´s owner and the president, Antoine Chami, is to take a strategic decision whether to close part of the Serbian sawmill, re-boost the ...

Butler Lumber Co.

Reason for borrowing fund for the profitable business
Even though the company is profitable, Butler is looking for the funds from the market to meet the capital needs. The company operation is increasing and the company needs to support its operating activities. In addition to this, the company must hold sufficient cash to provide flexibility in the company as well as for the consolidation of the outstanding debt; Butler is seeking for the funds from the market. The careful evaluation of business shows that the company is expanding its business and there is the need of funds to meet ...

Question 1: Why Cartwright Lumber Company needs cash

Despite the profitability of Cartwright Lumber Company, it still faces cash flow challenges. The financial statements indicate that the company has a low balance in its cash account. Profitability does not necessarily mean the firm has a stable cash flow. The income statements indicate that Cartwright Lumber has been profitable in each of the years from 2001. The net income has increased from $31,000 in 2001 to $44,000 in 2003. However, its cash balance has declined in each of the years. Large sales and profitability do not automatically translate into cash flows. The company has large balances ...

- What ethical issue or dilemma was Bob Hopkins facing?
Bop Hopkins faced various challenges, he had gotten a job at a commercial bank, the bank is too bureaucratic, and makes his career to appear to be on a stone face. When he interacted with Stan, he is in dilemma since he was not in very aware of the requirements of pinks; the rule of the scaffold pinks shows the extent of them being restrictive hence hard to venture into the business environment available. He was not in agreement with Stan, as he did not consult; he only found a note that ...