Case of Black and Decker Free Essay, Term Paper and Book Report
Case of Black and Decker
1. SITUATIONAL ANALYSIS
Background
Black and Decker started out in 1910 as a small company that made milk cap machines and candy dippers. It was founded by Duncan Black and Alonzo Decker. The first handheld power tools didn't come out until 1916 when they introduced their portable electric drill. They expanded over the next 40 years through new power tools and acquisitions to make Black and Decker the household name that it is today.
Nature/Extent of Demand
Typically, Black and Decker is an average household name. The name is to power tools and home improvement as Ford is to cars and automotive. The market for Black and Decker products can be divided into two segments: Professionals, such as painters, construction workers, plumbers, electricians, etc, and do-it-yourselfers (DIY). Likewise, their products are sold in varying ways to adequately service each market. Professionals tend to get their products from contractors, jobbers, and various suppliers. They also spend a lot of money on pieces of heavy duty equipment. On the other hand, the DIY crowd, ......
Word Count: 1289
Page Count: 5.1 (250 words a page / double spaced)
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