...LikedEngineering Design Practise 186 views Like Liked Final shuz world case study task 4 by Skyriters on Feb 15, 2014 * View text version Upload Details Uploaded via SlideShare as Microsoft PowerPoint * * * * * * * * * * * * * * * More… Final shuz world case study task 4Presentation Transcript * 1. SHUZWORLD CASE STUDY Task 4 * 2. A. STAFF RECOMMENDATION 6/15/2013 ShuzWorld is looking forward to sit a store in one of its prime targets Dana Williams and it has 3 options at its disposal. Option 1: Stand Alone Option Involves leasing an existing box store on Route 20, just outside Auburn. It will lead to a profit of $ 700,000 if the market is favorable and a loss of $ 400,000 if the market is unfavorable. There is a 50/50 chance that it will be favorable or unfavorable 2 * 3. A. STAFF RECOMMENDATION 6/15/2013 Option 2: Auburn Mall This option involves opening a store in the Auburn mall Dana Williams This option will lead to a profit of $ 300,000 if the market is favorable and a loss of $ 50,000 if the market is unfavorable. There is a 50/50 chance that it will be favorable or unfavorable 3 * 4. A. STAFF RECOMMENDATION 6/15/2013 Option 3: Do Nothing Dana Williams This option involves doing nothing and waiting for a better time to move into the market. This option will lead to no profit and losses. 4 * 5. A. STAFF RECOMMENDATION 6/15/2013 Dana Williams 5 * 6. A. STAFF RECOMMENDATION 6/15/2013...
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...Business Essay In order to find out the most cost-effectively decision, Shuzworld is considering the possibility of opening a new store on route 20, just outside of Auburn, referred to as the stand-alone option. The second option is opening a store in the Auburn Mall, and the third is not opening a store at all. To do nothing now, and wait for a better time to move in to the market. Shuzworld is also considering purchasing market research. I recommend that Shuzworld should use the decision tree graphical method, because of the nature of the issue (a graphic manner was asked to be used). A very important reason to why I am recommending this tool, is because the decision tree method is most commonly used for this kind of cases, as the Shuzworld presented case. The profitability problem is one of the most important problems of future profitability when opening a new store process and is the important content of the course of operation management. By recommending the use of this crucial tool, we need to understand, that this will give Shuzworld a direction, to which one of the three options is the best (the stand-alone option, opening of a brand new store or to do nothing now) for the most cost-effectively and profitability option. Also I am recommending this tool, because the decision tree analysis process, which are of great importance in the industrial production of high quantity standardized products (Shoes,...
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...BEMM059 – International HRM (Term 1, 2015/2016) QUESTIONS: INDIVIDUAL ESSAY Submission deadline: Friday 11 December, 12noon (via Turnitin only – see link on ELE). Please see the Module Handbook (on ELE) for details. Case study is entitled: “The Wuhan Erie Polymers joint venture”. The maximum length of the essay is 3,000 words (+/- 10%) – excluding any cover page, appendices (should be kept to a minimum), and the reference list. I recommend you to engage with minimum 25 appropriate academic sources in your essay. It is also imperative that you draw extensively upon research findings, theories, and concepts from appropriate subject-areas in the academic literature in order to support your answers, arguments and analysis. Making comparisons with other firms/industries, using practical examples, in addition to assessing the case study beyond the year it was published would also attract more marks. The minimum mark for passing the essay is 50% (School policy for PG modules). See the list uploaded on ELE regarding the criteria that you will be assessed on. The essay counts for 75% of the mark towards your overall Module mark. You must answer all 3 questions below, and the weighting of each question has been indicated (which serves as a recommendation for allocation of words). Some questions have sub-questions. You also need to include a brief introduction and conclusion. (10/75 marks) 1. If you were advising the organisation on who should be chosen to succeed Wong – what would your...
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...Tanglewood Case Study 5 Disparate Impact Penny Ross HRM301-F1WW Jennifer Martin October 25, 2015 Tanglewood Case Study 5 Historical Hiring and Promotion Data: Applicant Flows Occupational category | | | Total | White* | Total Non-White | African-American* | Store Associates | External hires | Applicants | 18226 | 15436 | 2790 | 594 | | | Hires | 3832 | 3221 | 611 | 135 | | | Selection ratio | 21.02% | 20.87% | 21.90% 1.04 | 22.73%1.08 | | | | | | | | | | | | | | | Shift leader | External hires | Applicants | 392 | 320 | 72 | 17 | | | Hires | 61 | 54 | 7 | 2 | | | Selection ratio | 15.56% | 16.88% | 9.72% .61 | 11.76% .74 | | Internal hires | Applicants | 864 | 712 | 152 | 30 | | | Hires | 280 | 241 | 39 | 6 | | | Selection ratio | 32.41% | 33.85% | 25.66% .80 | 20.00% .63 | | | | | | | | Department manager | External hires | Applicants | 1242 | 1074 | 168 | 44 | | | Hires | 94 | 82 | 12 | 3 | | | Selection ratio | 7.57% | 7.64% | 7.14%.89 | 6.82%.85 | | Internal hires | Applicants | 589 | 509 | 80 | 21 | | | Hires | 124 | 108 | 16 | 3 | | | Selection ratio | 21.05% | 21.22% | 20.00%.95 | 14.00%.67 | | | | | | | | Asst. store manager | External...
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...Introduction to the Theatre CTH 101 3 Winter 2013 Meeting Times: Mon/Wed. 4.30 – 5.45 p.m. Instructor: Kiara Pipino Office: 243 LSH Telephone: 331-8076 Email: pipinok@gvsu.edu Office Hours: Mondays & Wednesdays from 12.45– 2.45 pm & Tuesdays 1 – 3.30 pm by advanced appointment only. Course Description: This class is an exploration and hands-on study of the basic components of theatre, including acting, directing, playwriting, producing, theatre history, theatre design and technology. This course satisfies the Arts Foundation General Education requirement. It is intended to introduce the student to all aspects of theatre by way of active participation including group projects and creative thinking. Theatre is an interactive art form, which requires active participation from the student. Class participation includes attending the University’s productions and discussing them: students will be encouraged to build their own opinions and share them with the rest of the class. This course will foster the students’ personal creativity while promoting an understanding of the theatrical process and the integral role of theatre in society. Goals: 1. To gain an appreciation for theatre as a fine art. 2. To become familiar with the components of theatre. 3. To become familiar with the various types of theatre artists who collaborate to create the art form. 4. To develop a critical and informed appreciation for theatre in performance...
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...of the population. For example, Dr. Blackbeard’s Stat 101 class had a test and the results are in and not all had an equal score. Some score higher than others, and some scored lower. Thus, the test scores are considered a variable which in this case is a whole number between 0-25. Another variable is the amount of time the students took to study for the test. In this case, the variable varies between a second, minute, hour, or maybe even a tenth of a second. So, variables can differ depending on the situation or the information which is given. Now two types of numerical variables2 are discrete and continuous. Discrete3 is like IQ scores, SAT scores, a person’s shoes size, and so on. Continuous4 is more along the lines of height, weight, and age. Sometimes in the real world the distinction between continuous and discrete variables can be a blur. Height, weight, and age are considered continuous in theory, but they always seem to be rounded off to the nearest inch, ounce, or year, at which point they become discrete. On the other hand, money, which in theory is a discrete variable (because the difference between two values can’t be less than a penny), is mostly thought as a continuous variable because in most real life situation a penny can be thought of as an insignificantly small amount of money. Variables can also be used to describe gender, hair color, nationality, and so on. These variables are called categorical (or qualitative) variables5. Now in some situations categorical...
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...Reducing Sugar Consumption Introduction: From large sugar cane fields to acres of beets, sugar is processed into a million dollar industry that satisfies the world’s sweet tooth. However, market failure exists among our society and health. As a public health regulator, I am tracking policies that attempt to reduce America’s sugar consumption in response to the dramatic rise in obesity over the last thirty years. The first target is adults and the sugar beverage industry, particularly, the consumption of regular sodas. I will detail four specific policy proposals that the government should consider on the sale of regular soda: taxes, subsidies, provisions and restrictions. In various outcomes, each policy could provide incentive for individuals toward a healthier lifestyle. Sugar is on the road to becoming America’s next controlled substance. Background: The United States is currently in a dangerous cycle of sugar consumption and disease with nearly two out of every three adults categorized as overweight or obese.(Figure 1,2) Among those characterized, their bodies were given a surplus in calories without an equal response of physical activity. Obesity restricts productivity, lower one’s quality of life, and reduces life expectancy. The excess body fat results in significant health problems such as an increased risk of developing high cholesterol, type 2 diabetes, depression and even orthopedic problems. Additionally, the society bears the bulk of the costs associated...
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...Date: February 27, 2014 Subject: Marketing TABLE OF CONTENTS Executive Summary The Groupon Case Study is generally about a man named Mason and the success of his Groupon company. Mason first started out with a website called ThePoint.org, which was designed to organize campaigns, protests, boycotts, and fundraising drives for important social issues. That idea let to the creation of Groupon launched on 2008. Groupon started out in Chicago and was later expanded to other U.S cities, and then into other countries. Today Groupon is available in 375 American cities and 40 countries. Their subscriber base has grown from 400 in 2008 to 60 million today. According to Forbes magazine, Groupon is the fastest growing company in history. Groupon is a service where subscribers are offered at least one deal in their city each day but a certain amount of people need to buy into the offer before the coupon discount is valid. Once the minimum number is met, Groupon and the merchant split the revenue. An example of how it works is that a yoga studio might offer a $100 membership for $50 if 200 people participate in the offer. Once 200 consumers have indicated interest, the deal “tips” and Groupon and the yoga studio each receive 50% of the revenue. Groupon has a policy called “The Groupon Promise” that any customer can return a Groupon, no questions asked, even if they used it. Groupon also has other services such as...
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...advancement. Proponents point to small numbers of these minorities in certain desirable jobs (i.e. CEOs of corporations and high elected office) as evidence of underrepresentation of minorities and a need for diversity both in the workplace and in higher education. There are a number of different levels of affirmative action, including quotas, preferences, and outreach, in lessening order of severity. Quotas, also called “set asides”, deal with having a definite amount of jobs or college spots reserved for a particular group. For example, if a university admits 1000 students every year and sets aside 150 seats that are open to blacks only, this is considered a quota. A perfect illustration of a quota would be the 1977 Supreme Court case Bakke v Regents of the University of California, in which the court ruled that these quotas could not be used by the system but that race could be considered a plus in admissions to the medical school. This brings us to preferences. Preferences are when persons from certain groups (usually groups that have been underrepresented or disadvantaged) are given a ‘boost' in admissions. An example of...
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...presented in Case 1.3 and complete all the criteria provided in the exercise, beginning with this claim: “The U.S. should return to the 55- mph speed limit in order to conserve fuel and save lives. Make a contention map taking into account the impact chart exhibited in Case 1.3 and finish every one of the criteria gave in the activity, starting with this claim: "The U.S. should come back to the 55-mph speed limit so as to moderate fuel and spare lives." "The law was a reaction to the 1973 oil ban, and its plan was to decrease fuel utilization. In the year after the National Maximum Speed Law was sanctioned, street fatalities declined 16.4%, from 54052 in 1973 to 45196 in 1974" (eric.ed.gov). In 1974, the government passed the National Maximum Speed Law, which confined the most extreme allowable vehicle speed farthest point to 55 miles for each hour (mph) on every single interstate street in the United States. As indicated by the Environmental Protection Agency, "you can accept that every 5 mph you drive more than 50 mph resemble paying an extra $0.25 per gallon for gas, in extra; driving every vehicle achieves its ideal efficiency at an alternate velocity; gas mileage for the most part reductions quickly at paces above 50 mph"(colostate.edu). Forceful heading to incudes; speeding, quick increasing speed and braking squanders gas. Sensible driving can bring down your gas mileage furthermore more secure for you and others, so you may spare more than gas cash. Some studies demonstrate...
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...CASE STUDY OF KRISPY KREME Just like their Donoughts the Krispy Kreme stock seemed irresistible when they went public in 2000. It was even named as IPO of the year and the Forbes named it as the company to look out for. But now it is just a firm with a market capitalization over 300 million. So what did Krispy Kreme did wrong to be in a situation like this. The decline of Krispy Kreme Donoughts Inc. with a market capitalization of over 3 billion to just over 300 million was due to the use of synthetic leases, repurchased franchises, disappointing joint venture results and due to the problems of earnings management. This paper argues that there were numerous warning signals in the doughnut franchisor’s accounting and managerial decisions that investors refused to take seriously as they bid the stock from its IPO price of $6 to its eventual peak of $50 on NYSE. There are lots of lessons that can be learned from this autopsy of the Krispy Kreme and might well make investors and auditors more wary about jumping on the next IPO bandwagon. They bought out a struggling Michigan franchisee and agreed to raise the purchase price from $26 million to $32 million so that the franchisee could afford to close two stores and to settle its overdue debts owed to Krispy Kreme, thus avoiding a bad debt loss. Why would so many large franchisees of a supposedly-successful chain want to get out of their investment when operations seemed to be going so well? As we see in the exhibit...
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...specialty is because surgeons account for nearly 50% of all medical malpractice law suits in the country. The bulk of these law suits occur in just 75 of the largest counties , which indicates that most medical malpractice law suits occur in the more densely populated areas which is where the most income is generated. Another 33% of nonsurgical law suits occur in the same 75 counties which when added together account for 83% of all law suits filed in the United States. To put these numbers in the proper context there are thousands of counties in the United States, so what you have is the people in areas like New York, Las Angeles, Atlanta and so on filing thousands of law suits each year. It is estimated that from 1990-2004 there were over 191,804 medical malpractice lawsuits reported to the National Practitioner Databank (NPD) regarding physicians in the United States. It is further estimated that of all the medical law suits filed only about 27% of them were won by the plaintiffs, which can lead a person to believe that there are a lot of frivolous suits being filed. It is estimated that 25% of all doctors in the United States are sued each year, which means that if you are a surgeon you have a better than 1 in 4 chance of getting sued each year that you practice medicine. It must be for love of the profession because with those odds I cannot see why anyone would want to be a doctor in this country. It is also estimated that between 50 and 60 percent of all doctors in the United...
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...containers or 'tiffins' serve the dual purpose of keeping the food warm and preventing it from splashing out during the tiffin carrier's rushed and jostling journey. A typical tiffin carrier carries about 40 of these dabbas on a long, unwieldy tray on his head as he moves speedily through busy streets and cramped trains. The tray and tiffins have a combined weight of more than 60 kg. For distances over 4 km, the carriers often use bicycles; when carrying more than 40 tiffins, the carriers use handcarts. Each dabbawala is employed by one of the city's 800 contractors (mukaddams). The contractors and tiffin carriers both belong to the Mumbai Tiffinbox Carriers Association, It was registered as a trust in 1967, but was an informal guild for some 50 years before this. There are two primary reasons why the tiffin carrier operations started and succeeded in Mumbai. First, the Indian value system places great emphasis on home-cooked meals, served hot. The problem for roughly eight out of ten white-collar workers in Mumbai is that they do not have time to go home for lunch. The tiffin carrier brings the security of an inexpensive, clean, tasty, and often still warm, home-cooked meal. Restaurant meals cost five to fifteen times more than home-cooked food and there is also the chance of falling ill, as many public eateries lack hygienic kitchens. Second, Mumbai is the only city in India where the train traffic flows in the north-south direction and the pedestrian traffic flows in the...
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...Beijing University of Aeronautics and Astronautics, BUAA Corporate Finance Case Study Lottery Winnings – Looks Can Be Deceptive! Group Members: Francine Cheikh Guillermo Loic Munkh-Erdene Aberash Anna Submitted to: Prof. BAI MING Date of submit: 02/November/2015 An anonymous from Michigan has stepped forward as the winner of the most recent $181,5 million The Big Game Lottery. Lucky Guy! Now comes the hard part. But what happens when you actually win? Normally the answer appears to be "take all the money up front immediately and subsequently squander every available penny on frivolous crap." But what if someone won the lottery and then tried to handle it as rationally as possible? The key question we wanted to investigate is whether a winner should take all the cash up front or whether one should take the annuity, which consists of more money spaced out over several years. 1. If you were one of the winners, which option would you select ?Why? Most winners would select the cash option whereby 50% of the stated amount is paid out in a lump sum (less federal and state taxes). i.e. $90.75 million - 0.322(90.75m) = $61.53 million – the amount of money we will get after taxes. Let us outline several reasons why the lum sum option for us is more preferable against the annuity option: Many winners would probably prefer to invest the money at higher rates...
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...Presenter Notes for Power-point Decision Analysis Task 4A-E A. (Slide 1) Gloria Rodriguez, Shuzworld's retail development specialist, was looking at some possibilities of placing a Shuzworld store into a major target area and has three options to consider. The first option is to build a proposed stand-alone store, the second option is to open an Auburn Mall store, and the third option is to do nothing at the moment. (Slide 2) With the information given from Ms. Rodriguez, the stand-alone store could see profits for a favorable market of seven hundred thousand dollars; if the market was unfavorable the losses would be four hundred thousand dollars. The Auburn mall could see profits for a favorable market of three hundred thousand dollars, and if the market was unfavorable the losses would be fifty thousand dollars; this is having a probability of fifty-fifty for both choices of a favorable and unfavorable market. Of course, not doing anything or not opening a store, Shuzworld would not suffer any losses or make any profits. Shuzworld is considering market research and this can produce positive or negative impacts on the market or not purchase the research at all to have no effect. To purchase the market research it would come with a price of twenty thousand dollars with a sixty percent chance towards a favorable market and a chance of an unfavorable market of forty percent. Having a favorable market, if the survey is positive, can cause an incline to seventy percent...
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