The Nucor Corporation Case Study by Nicky

A case study on the innovations and investments of the Nucor Corporation.
# 151405 | 2,051 words | 5 sources | APA | 2012 | US
Published on Jun 10, 2012 in Business (Companies) , Business (Industries) , Business (General)


$19.95 Buy and instantly download this paper now

Description:

The Nucor Corporation, the paper says, is a one that is involved in the major commodities of infrastructure and construction throughout the world. A majority of this involvement is the investment of and providing steel to various industries. Once the paper establishes this, it continues on to assess the economic climate, future validity and soundness of the corporation. Looking first at the fundamental characteristics of the corporation, the paper continues on to do an industry analysis and much more.

Outline:
Introduction
Economic and Business Characteristics
Industry Analysis
Generic Strategy
Investing in Nucor
Recommendations
Conclusions

From the Paper:

"As revealed throughout the previous section, the steel industry is rather dynamic and challenging, even more so when the threat of foreign competition increases. In order to get a better understanding of the industry however, it is necessary to assess it through the lenses of the five fronts of competition, as identified by Michael Porter. Appendix 2 reveals the diagram of these five forces and the relationships between them.
"Threat of new entrants
"This feature is a fluctuating one as it is pegged to the political climate. The largest threat in terms of new entrants is given by the chapter steel imports from countries such as Chain, Japan, the European Union, Russia and so on (Steel Guru, 2006). This threat has been reduced recently due to the political actions taken, yet it remains rather high. The threat of national new entrants is generally medium, to reduced, even more so when corporate competitors base their actions on economies of scale and small, new entrants complete on niche markets.
"Threat of substitute products
"Advancements have been made in reducing the global dependency on steel and this also meant research on identifying materials that could replace steel. The discoveries indicated that, in some instances, steel could be replaced by composite roads, bamboo, tiles, clay and so on. However, the applicability of these products remains reduced within the general context, making this threat of a medium to reduced intensity; it could however intensify in the future as new developments are made."

Sample of Sources Used:

  • Hoskisson, R.E., 2008, Strategic Management - Concepts and Cases: Competitiveness and Globalization, Cengage Learning
  • Thompson, A., Strickland, A.J., Gamble, J., 2008, Crafting and Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases, 17th Edition, McGraw Hill/ Irwin
  • 2008, World Top 20 Steel Exporting Countries in 2006, Steel Guru, http://steelguru.com/news/index/2008/07/06/NTM2Njc%3D/World_top_20_steel_exporting_countries_in_2006.html last accessed on October 28, 2009
  • 2009, Five Forces Model by Michael Porter, Maxi-Pedia, http://www.maxi-pedia.com/Five+Forces+model+by+Michael+Porter last accessed on October 28, 2009
  • 2009, White House Shuts Steel Door on Cheap Imports, ABC News, http://abcnews.go.com/Business/story?id=87322&page=1&page=1 last accessed on October 28, 2009

Cite this Case Study:

APA Format

The Nucor Corporation (2012, June 10) Retrieved October 05, 2022, from https://www.academon.com/case-study/the-nucor-corporation-151405/

MLA Format

"The Nucor Corporation" 10 June 2012. Web. 05 October. 2022. <https://www.academon.com/case-study/the-nucor-corporation-151405/>

Comments