Lester Electronics Gap Analysis
Running head: GAP ANALYSIS: LESTER ELECTRONICS
Gap Analysis: Lester Electronics
Laura Hernandez, Rachel Olea-Lizarraga, Sonja Garrett
University of Phoenix
Gap Analysis: Lester Electronics
Lester Electronics (LEI) is at a pivotal point of the business. Bernard Lester cannot continue to manage the business as has previously been done due to the changes in the industry and a possible loss of their largest vendor, Shang-wa. John Lin, founder and CEO, is looking to spend less time with his business and more time with his family. John Lin has informally suggested to Bernard that they partner in a new country that would enable both companies to meet the growing demands for their products. John Lin also feels pressured to sell to another manufacture, Transnational Electronics Corporation (TEC). If Shang-wa does not sell or enter into a joint venture with Lester, Shang-wa will not continue to remain in business because John Lin has not groomed a successor. Lester also feels......
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Approximate Word Count: 3876
Approximate Pages: 16 (250 words per double-spaced page)
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