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Problem Solution: Lester Electronics Inc.
Lester Electronics, Inc. is a financial service investment company. Currently, the company is facing several situations that offer problems as well as opportunities that need to be evaluated. There are different ways to approach defining the problems facing an organization; the focus needs to be on defining the problem correctly.
Lester Electronics, Inc. should look at their situation and options regarding the takeover by Avral Electronics, S.A., Shang-Wa and the hostile takeover by Transnational Electronics Corporation. Lester Electronics, Inc. and Shang-Wa's issues are related to the financial history of the corporations, while John Lin wanting to retire, which led into the current problem of other corporations wanting to take over the companies. This paper explores the challenges, opportunities and the ethical dilemmas that Lester Electronics, Inc and Shang-Wa is experiencing during their pursuit to prevent hostile takeovers.
Describe the Situation
Issue and Opportunity Identification
Lester Electronics, Inc. is facing two issues. The first issue is Shang-Wa, who provides more than 40% of the company's product, is facing a hostile takeover. Shang-Wa's outcome will affect Lester Electronics, Inc. The second issue is the attempted takeover by Avral Electronics, S.A. Shang-Wa is also facing two primary issues. Jon Lin deciding to retire with no one in mind to take over the company is the first issue. The second is the hostile takeover attempt by Transnational Electronics Corporation.
Lester Electronics, Inc. has several opportunities. They stated doing nothing is not an ...