This website uses cookies to ensure you have the best experience. Learn more

Martinez Construction Essay

1995 words - 8 pages

MARTINEZ CONSTRUCTION COMPANY IN GERMANY
Juan Sanchez glanced out the window of the Boeing jetliner and admired the countryside below. The overcast skies failed to dampen his enthusiasm for the challenges and opportunities he and his company now faced. Two generations of local services had done little to prepare Martinez Construction for the coming days. Nevertheless, Juan remained confident that once the spirit of cooperation and trust was established, the new German operation would be a success.

Martinez Construction Company
Martinez Construction is a well-established construction company in Eastern Spain. Founded in Barcelona in the mid-1940s, its reputation and quality of service ...view middle of the document...

They also depended on accountants, lawyers, consultants, and others to provide advice. After the initial research and discussion of the alternatives with other members of management, Diego has come to the conclusion that the best approach to this venture will be through the acquisition of an existing company from the Treuhandanstalt. This decision was made after concluding that Martinez Construction lacked the resources necessary to risk a Greenfield operation. Added to this was the certainty that an alliance with other German companies would not allow Martinez Construction to establish itself as a serious competitor in the international construction market. Diego chose his brother-in-law and manager of the Barcelona branch of Martinez Construction, Juan Sanchez, to act as the negotiator for the company with THA. Although Juan is unfamiliar with German business practices, Diego feels that Juan’s friendly character and expertise in the needs of the company will ensure the establishment of the necessary trust to build a strong cooperative venture with THA. Juan will be accompanied by Diego’s nephew and projected manager of the new German acquisition, Miguel Martinez. Miguel is the youngest and most educated of the Martinez managerial staff. His background includes a business degree from a university in the United States, as well as years of employment in the family business. Although lacking in practical managerial experience, it was largely due to his influence that Diego saw the wisdom and necessity of expanding operations abroad. Miguel’s opportunity has fuelled his optimism despite the challenges he faces in the management of a foreign subsidiary.

1

Treuhandanstalt
Because of the collapse of communism in the German Democratic Republic, the two Germanys were finally going to be reunified. The Treuhandanstalt was created in what was the German Democratic Republic. The sole purpose of the THA was to find private buyers for some 13,500 businesses and 15,000 parcels of real estate that had been previously owned by the German Democratic Republic. The government knew that the economy in this sector had to be stimulated quickly. There were hopes that many investors would take advantage of the new markets opening up. However, little thought was given to the immensity of the job. No guidelines were issued, which later led to charges of dubious deals, and limited funds were made available to run the agency. Therefore, any firm wishing to purchase an existing facility in East Germany had no choice in the matter – they had to deal with the THA. The primary job of the THA was to sell the companies and to match existing companies with buyers. However, this proved to be an almost impossible task because the THA had insufficient or no information about the financial positions of the companies it was supposed to sell. In some cases, it could not ascertain what companies were to be sold. The firms wishing to purchase properties through the THA were...

Other Papers Like Martinez Construction

Management Essay

3272 words - 14 pages mentioned that this concept tends to put too much importance on material wealth and economic value creation, and thus ignoring other aspects of well-being and of social value construction (Renouard 2011, 86). Virtue of ethics is the moral ability that puts one in a position to act morally after weighty deliberation or a quick reaction. However time is a difficulty to consider when applying this ethical perspective. It might not be applicable for Narinex

Congruence of Individual Personality and Brand Personality Influence the Buying Behaviour Favorably

2456 words - 10 pages expressive behaviour.” The researchers of the year 1930s to 1950s focused more on the construction of an exhaustive and representative list of all the terms of the language that could possibly describe the personality, than on the search for a perfect definition of the concept. Those researches (among which Cattel's) are the basis of the current personality theories the most shared. The study of personality by a lexical approach dates back

Exploring the Transistor and Thin Clients with Musrolquinine

2400 words - 10 pages epistemologies without the construction of SCSI disks, and also MusrolQuinine harnesses RPCs. Though such a hypothesis at first glance seems perverse, it largely conflicts with the need to provide reinforcement learning to analysts. To put this in perspective, consider the fact that much-touted cyberinformaticians generally use model checking to answer this obstacle. Thusly, public-private key pairs and the synthesis of wide-area networks are never at

Never Again, Safety Pilot

3816 words - 16 pages Never Again: Control Failure Safety Pilot: A Deadly Invincibility Joshep Villarreal Martinez Florida Institute of Technology Abstract For a pilot, decision making are crucial in emergencies, training and experiences are sometimes decisive in these cases, accidents happen randomly so a pilot must develop a high situational awareness .But why these accidents happen? The accident investigation is crucial to prevent recurrence and

Shortening Lead-Times to Create an Agile Supply Chain for Esprit

5779 words - 24 pages Martinez Gutierrez, who was group director of distribution and operations at Zara, as the CEO position in September 2012. This evidence shows that Esprit is going to struggle with fast fashion leaders like Zara and H&M. From an operational perspective, agile supply chain strategies have been relatively well studied, and can yield significant value to firms through faster supply chain. (Fisher and Raman 1996) Esprit has started realizing that how

Principles Of Information Security

3291 words - 14 pages new e-mails in her inbox. She opened one from Davey Martinez, an acquaintance from the Accounting Department. The subject line said, “Wait till you see this.” The message body read, “Look what this has to say about our managers’ salaries…” Davey often sent her interesting and funny e-mails, and she failed to notice that the file attachment icon was unusual before she clicked it. Her PC showed the hourglass pointer icon for a second and then the

Computer System Security

3291 words - 14 pages new e-mails in her inbox. She opened one from Davey Martinez, an acquaintance from the Accounting Department. The subject line said, “Wait till you see this.” The message body read, “Look what this has to say about our managers’ salaries…” Davey often sent her interesting and funny e-mails, and she failed to notice that the file attachment icon was unusual before she clicked it. Her PC showed the hourglass pointer icon for a second and then the

Principles of Information Security

3241 words - 13 pages . She opened one from Davey Martinez, an acquaintance from the Accounting Department. The subject line said, “Wait till you see this.” The message body read, “Look what this has to say about our managers’ salaries…” Davey often sent her interesting and funny e-mails, and she failed to notice that the file attachment icon was unusual before she clicked it. Her PC showed the hourglass pointer icon for a second and then the normal pointer

Freedom And Responsibility

2141 words - 9 pages Built within the Constitution of the United States are specifically defined freedoms that are guaranteed to all citizens. Conversely, with every constitutional freedom there comes a corresponding responsibility. On September 25, 1789, the state legislature’s twelve proposed amendments were transmitted by congress, the first two dealing with congressional representation and congressional pay. The following numbers three through twelve were

Hate Crime Laws

2348 words - 10 pages On June 7, 1998, 49-year-old James Byrd Jr. of Texas accepted a ride from three white men, who then beat him severely, urinated on him, chained him by his ankles to the back of their pick-up truck, dragged him for three miles into the countryside, and dumped his corpse in front of an African-American cemetery (Graczyk). A little over a year later, a jury sentenced ring leader John King to death by lethal injection (“Man Executed for Dragging

Rational Emotional Behavior Therapy Case Study Conceptualization And Treatment Plan

2140 words - 9 pages Rational Emotional Behavior Therapy Case Study of Sarah: A Conceptualization and Treatment Plan Rational emotive behavior therapy, REBT, was developed by Albert Ellis and holds the central belief that the events in our lives do not cause our disturbances but that they are instead caused by our view of the events (Murdock, 2009). Murdock (2009) states that “people are seen as responsible for their behavior” (p. 279) but, because they are

Related Essays

America's Shrinking Cities Essay

2369 words - 10 pages proffering diagnosis, prognosis and remedies. The term expands our understanding of ‘decline’ beyond the simple linear process that is generally understood to follow deindustrialization (Martinez-Fernandez et al., 2012). Now the definition of city shrinkage is clear, we have come to the explanation why this concept is happening in such large extent in the United States of America, compared to the rest of the world. In order to know this, it is

Incident At Morles Essay

960 words - 4 pages competing product. To design the new plant, Phaust recruits a chemical engineer, Fred Martinez, who had been a consultant to chemitoil. But, Phaust’s parent company in France, cuts budget 20% across the board. Chuck, the vice president for engineering at Phaust, pressurize Fred to cut down the construction costs. Due to that, many engineering decisions were confronted by Fred where ethical values are not considered. INTRODUCTION: Incident at

Selection Structure Essay

755 words - 4 pages Selection Structure Paper Natty Martinez PRG/211 December 23, 2013 Jennifer Sethman Selection Structure Paper It is important to be able to fix a problem in the workplace especially if it will help out the company or workplace. One way to fix the problem in the City of Harlingen is to be able to make a program that will let each department input their comments and reviews. This will make it easier on other departments to be able to

Will Light Rail Be Enough? Essay

3847 words - 16 pages a strategy to market to users of this new commuting option, stressing the upcoming expansions to the outlying cities (Allison & Martinez, 2009). Linblom, Puget Sound’s transportation journalist, points out that auditors recommended to Sound Transit that contractors should be paid on performance milestones (Lindblom, 2007). This approach was not utilized and construction on the Martin Luther King Way South corridor took at least one year