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Lester Electronics Gap Analysis

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Running head: GAP ANALYSIS: LESTER ELECTRONICS Gap Analysis: Lester Electronics Elsa Hurtado University of Phoenix Gap Analysis: Lester Electronics Organizations must continuously find ways to improve and remain attentive to their competition. Financial planning and organizational structures are important for a firm to remain competitive and successful. There are several different aspects that must be taken into consideration when developing a firm's financial plan and structure. Lester Electronics, Inc., is a small Korean manufacturer of capacitors. The firm manufacturer's with two large firms that use capacitors in consumer and industrial products. Lester Electronics has been faced with the dilemma of losing a valuable client to their competition if changes are not made soon. Unfortunately for Lester Electronics, the firm has never attempted a domestic-wide market outside of the United States. Situation Analysis Issue and Opportunity Identification John Lin, founder and CEO of Shang-Wa Electronics, is concerned over the...

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