OtherPapers.com - Other Term Papers and Free Essays
Search

The Loewen Group Inc

Essay by   •  August 24, 2011  •  Case Study  •  847 Words (4 Pages)  •  1,614 Views

Essay Preview: The Loewen Group Inc

Report this essay
Page 1 of 4

Why is this necessary? I just want to go through a case study analysis, why is it necessary to join everyone, i am here to search on loewen case study. Why paper and bibliograpy is needed..nnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnwhattttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttttt The Loewen Group, Inc. began its consolidated death care business in 1969 and is the second largest death care firm in North America. In the 1970s and 1980s, the company experienced explosive growth through the acquisition of many funeral homes. By 1999, the company is in major financial crisis because of enormous debt acquired as the result of financing through debt.

This death care industry has two primary activities: providing services such as funeral, burial and cremation arrangements and products such as selling caskets, urns, cemetery plots and gravesite markers. These services and products are normally sold on a pre-need or at-need basis. With a pre-need arrangement, customers pay in advance for the services and products. Under an at-need basis, payment is received at the time of death. The revenues in this industry are relatively predictable because:The Loewen Group, Inc. began its consolidated death care business in 1969 and is the second largest death care firm in North America. In the 1970s and 1980s, the company experienced explosive growth through the acquisition of many funeral homes. By 1999, the company is in major financial crisis because of enormous debt acquired as the result of financing through debt.

This death care industry has two primary activities: providing services such as funeral, burial and cremation arrangements and products such as selling caskets, urns, cemetery plots and gravesite markers. These services and products are normally sold on a pre-need or at-need basis. With a pre-need arrangement, customers pay in advance for the services and products. Under an at-need basis, payment is received at the time of death. The revenues in this industry are relatively predictable because:

The Loewen Group, Inc. began its consolidated death care business in 1969 and is the second largest death care firm in North America. In the 1970s and 1980s, the company experienced explosive growth through the acquisition of many funeral homes. By 1999, the company is in major

...

...

Download as:   txt (6.3 Kb)   pdf (82.3 Kb)   docx (8.9 Kb)  
Continue for 3 more pages »
Only available on OtherPapers.com
Citation Generator

(2011, 08). The Loewen Group Inc. OtherPapers.com. Retrieved 08, 2011, from https://www.otherpapers.com/essay/The-Loewen-Group-Inc/10005.html

"The Loewen Group Inc" OtherPapers.com. 08 2011. 2011. 08 2011 <https://www.otherpapers.com/essay/The-Loewen-Group-Inc/10005.html>.

"The Loewen Group Inc." OtherPapers.com. OtherPapers.com, 08 2011. Web. 08 2011. <https://www.otherpapers.com/essay/The-Loewen-Group-Inc/10005.html>.

"The Loewen Group Inc." OtherPapers.com. 08, 2011. Accessed 08, 2011. https://www.otherpapers.com/essay/The-Loewen-Group-Inc/10005.html.