...Cover Letter: Before & After “Before” Letter Jane Doe 123 Apple Way New York, NY 10000 October 23, 2011 Acme Corporation 100 Main Street New York, NY 10000 RE: Marketing Manager Position Weak, qualifying language. Dear Hiring Manager: After reading the job description for the Marketing Manager position at Acme, I believe I would be a great fit in this role. I currently work in an environmental 501(c) communicating sustainability messages to corporations, non-profits, and government agencies. I have partnered with a diverse group of companies educating students, supply chains, and corporate staff on relevant sustainability issues. This organization has reinforced my understanding about the amount of positive influence corporations can have. I would like to work for a firm motivated by operationalizing sustainability principles with the reputation and audience to do so. I believe I have all the attributes and characteristics to be a successful Marketing Manager at Acme. I am extremely organized in all aspects of my work both critically and logistically. I excel at planning long-term projects through my detail-oriented plans that are efficient in their use of resources and flexible in accommodating unforeseen variables. I believe this is the fundamental foundation to be an outstanding Marketing Manager. These characteristics intertwined with teamwork, passion, and drive equate to successful sustainability results. I hope to be part of Acme’s strong...
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...ACME Company sells computer components and plans on borrowing some money to expand. After reading a lot about earnings management, Bill, the owner of ACME, has decided he should try to accelerate some sales to improve his financial statement ratios. He has called his best customers and asked them to make their usual January purchases by December 31. Bill told the customers he would allow them, until the end of February, to pay for the purchases, just as if they had made their purchases in January. What do you think are the ethical implications of Bill’s actions? Bill is basically increasing his sales for the month of December so the bank can see his business is doing well. Bill wants to expand but the income he hoped by years end doesn’t show up that would qualify him to get the loan under normal circumstances, so he is asking for his customers to purchase items to show is current assets and liabilities prior to December 31. “Current ratios are the ratios that capture current assets and current liabilities at a moment in time—the end of the last day of the fiscal year. It also looks like he is boosting his earning for the beginning of the fiscal year.(Reimers, 2012) ACME wants to use their current ratio prior to December 31; however, if creditors look at historical data to analyze the company’s earnings and it shows that during the last day of the fiscal year and the beginning of the next their earnings don’t coincide with previous years, the creditors could assume,...
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...warehouse operations. 4.> Student management system for Schools and Colleges. Advantages of DBMS 1.> It reduces the data redundancy (duplicate data in the database). 2.> Scalable: DBMS systems are highly scalable i.e. these systems can be scaled to store more data as required in the future. 3.> Multiple accesses: Database software allows data to be accessed by multiple users simultaneously without causing any locks in the database. 4.> Security: In DBMS system we can secure the stored data by providing the access to only authorized user. 5.> Backup and recovery process is very easy. We can take back up of complete data to protect it from any natural disaster, such as earth quake, Strom, Flood etc. How DBMS is supporting ACME Global...
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...In this assignment I will research the company about acme fire works hand how they did they factory I also will research the common law and the (UCC). The common law or the Uniform Commercial Code (UCC) Are the two things that the United States wanted. The Uniform commercial code was taken effect in the 50 states to harmonize all of the states. The people had a lot of different ideas of these two laws. The common law works with real states, many service, insurance etc. when it come to the Uniform Commercial Code (UCC) the main concern was the security and the sales. If they wanted to change the common law or make arrangement they will get rejected because of the impact that this can bring to the company, but in the other has if they decide to change the uniform commercial code it don’t have no impact in the company. When the common law don’t aloud them to revoke the option of the agreement, by the person that is offering firm they cant change it they are made with the (UCC). The common law only can be modified with additional consideration, but the uniform commercial code doesn’t have any effect in this matter. When we look at the law for the different between the Common Law and UCC. When we talk about the common law we mean the ‘’ include quantity, price, performance time, nature of work and identity of offer’’. When we talk about the uniform commercial dose is the amount that they are need it .the common law is Statute of Limitation is four to six years the uniform...
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...Acme Fireworks Name Course Instructor Institution Date of Submission Acme Fireworks Business Contracts The business contract is considered as the common legal transactions most business people get involved to ensure the activities run smoothly. When a person understands the contract law, he/she is good to create a sound business agreement. However, the agreement would be legally enforceable in case something bad happens. As the manager of Acme Fireworks, I was requested by the owner to determine which law between common law and the Uniform Commercial Code (UCC) will govern the business. According to Sheleff, (2013), the common law controls the majority of contracts that include intangible assets, employment, real estate, services, and insurance. On the other hand, the Uniform Commercial Code (UCC) governs contracts for the securities and sale of goods (Meiklejohn, 2008). Therefore, the contract between Acme Fireworks and the retailers would be governed by Uniform Commercial Code (UCC). There are various articles in the UCC and specifically, Article 2 deals with the transaction of goods. The statute in the article stipulates precisely the regulation of sales to consumers and other classes of buyers. Acme firework is a retail outlet that deals with the sale of fireworks and also displaying them. It will enter into a contract with other large businesses to produce large quantity on a regular basis, and it would...
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...Acme Fireworks Joyce Mathews BUS 111: Business Law Prof: Maria Fiorentino January 19, 2015 Acme Fireworks Acme Fireworks is a company that sells fireworks but our main attractions are ground firework displays and large aerial displays. We have come a long way from working in the owner’s garage to a full facility with 15 employees. My job is to manage the facility and to make sure the owner’s expectations are met. Recently the owner has advised me that he received inquiries from other large corporations wanting us to produce several more firework displays on a regular basis. Without consulting me, the owner agreed on the inquiries and a price was agreed upon. Cost included labor, insurance, and setting off fireworks. Besides hiring new employees, we might run into a problem where if the large orders stop, we might not have the funds to continue to pay extra help. In this paper I will determine which contract the owner and the other business will need. I will also need to determine if the contract is governed under the common law or the Uniform Commercial Code (UCC). Conduct to see if all the five essentials elements are met in the contact. Develop different employee types and relationships while discussing the advantages and disadvantages of each related to Acme Fireworks. Lastly, I will analyze different alternatives related to why Acme Fireworks shouldn’t operate solely. Acme Fireworks is an ever growing company that strives to acuminate every...
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...Acme Fireworks Jessica Seibert BUS 311 : Business Law I Instructor Mark Cohen August 9, 2015 Introduction The future design of a company is not always thought about when deciding which entity a business should be. In the case of Acme fireworks, the owner, who we will call Jim, never anticipated his business would be more than a sole proprietorship. As his business grows, so does his liability as well as his taxes. It is time for Jim to change entities. His best bet would be to form an LLC. “The advantages of forming an LLC are that the members are afforded limited liability and have pass-through taxes similar to a partnership.” (Gaebler, n.d) History Jim has always loved fireworks. He loved taking one insignificant firework and combining it with other insignificant fireworks, to create one amazing display. He also loved seeing the excitement on young children’s faces when they were dying with anticipation of the coming fireworks show. Jim knew that he wanted to develop his passion and make a living from it. Once Jim decided to capitalize on his dream, he came up with a business plan. He knew he didn’t have a lot in savings, so he cleaned out his garage and set up shop. He wanted to name his company Acme Fireworks because of his favorite TV show growing up, Looney Tunes. He contacted the local County Clerk’s office and verified that the business name was available. Since his business name was not his own name he had to fill out a Fictitious Name application. Once...
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...Acme Fireworks Kelvin M. Spencer BUS 311 – Business Law I Professor David MacKusick December 4, 2015 I have been hired by Acme Fireworks Company to manage their company. As the manager I have been asked by the Owner to evaluate and re-evaluate the direction the Company is moving and provide effective feedback that can help make the company operate better. In this paper I will address whether or not the contracts will be governed by common law or the UCC (Uniform Commercial Code). I will also analyze whether the owner formed a contract with other businesses and apply the five essential elements of an enforceable contract. Next I will explain potential personal liability to Acme Fireworks if a spectator is injures by a stray firework from a fireworks display. Then I will discuss the different employment types and relationships relevant to agency law and analyze the advantages and disadvantages of each type specific to Acme Fireworks. And finally, I will explain why Acme Fireworks should not operate as a sole proprietorship. I will recommend a new business entity, and provide rationale to support my recommendation. Have you ever been to a professional fireworks display and wonder exactly what goes into putting on such a beautiful display of fire? During the Fourth of July holiday, all across America most municipalities contracts and hires professional firework companies to put on an aerial display of fireworks. As awe-inspiring as such spectacles maybe...
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...section drafts an information systems management (ISM) plan for Acme Mexico City. In doing so, the section completes the work tasked as Assignment 4 in the Four Assignments Package to be found in Content/General Information. Additional Instructions: In view of our time constraints, this will be a draft ISM plan. Acme corporate headquarters will have standards, policies, and expectations with which Acme Mexico City (AMC) must comply. These may be hypothesized. Acme Mexico City will need to support both store-internal and -external IS needs Internal needs will include support of at least store Business processes and operations Decision mak ing by employees and managers Strategies to gain competitive advantage Human resource needs External needs will include at least: Reporting to Acme corporate Meeting Mexican and US government regulatory requirements Fulfilling supplier and customer expectations in this business sector in Mexico City Any format that logically and succinctly addresses that above needs may be used A sample IM (=ISM) plan for a health services organization follows below. It is deliberately for such an organization because: Health services is another important business sector supported by IM (ISM) I do not want you to simply copy a sample format, but rather to design your own that meets Acme Mexico City's needs As always, let me (acting as Acme CEO), our TA (acting as Acme COO), and/or our volunteer Acme corporate CIO/Assistant CIO, who will be managing development of...
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...Acme Fireworks Laura Miranda BUS 311 Business Law I George Holbrook [ August 25, 2014 ] Introduction As the owner of Acme Fireworks you have asked me, you manager, to review and explain some ideas to you. In the following pages I have explained the potential personal liability for injuries to consumers and what must be on our labels for safety. Analyzed the newly formed contracts with the retailers and the employment and expansion that are needed for Acme to go along with the new contracts, and then concluding with the change of the business entity. As we go forward with the growth of the business, we want to be sure things are done properly and that we will meet or exceed our consumer and customers’ standards at Acme Fireworks. Personal Liability As you are aware you our company needs to be sure that our consumers are aware of two key things their own liability, and warnings. Our consumers need to be aware that when they use our products that they alone are responsible for any damage done by the firing of the firework is their responsibility and not ours. Insurance companies are saying “you can’t always control who is watching your fireworks display and never know who might file a lawsuit against you for any bodily harm caused by a roge firework. Despite how complicated fireworks liability may sound, making sure you’re covered in the event of injuries or property damage is as simple as finding the right custom fireworks insurance plan that can be designed exactly...
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...ACME COMMUNICATIONS EQUIPMENT, INC CASE STUDY Identifying the Problems ACME Communications Equipment, Inc. appears to have a number of issues within their supply chain. ACME has one problem that is described as “considerable annoyance” to customers, their flawed order system. This is a huge issue that needs particular attention as the ordering process correlates directly with other problems ACME is facing. We will address this issue and others and attempt to correct the problems noticed. The order management system represents the principal means by which buyers and sellers communicate information relating to individual orders of product. According to the customer survey cited in the case, it appears the order process is the biggest concern for ACME. There are frequent errors in recording/filling orders, and there is no confirmation when the order is received. Reducing error in this order process can improve the company’s ability to reserve inventory and determine delivery date/time. The flawed order process ultimately affects ACME’s inventory reliability. Errors in recording orders can lead to promising customers inventory that is actually not available. ACME’s inventory reliability performance is comparable to major competitors. ACME fulfills roughly 80% of item demands from stock on hand. However, when orders are picked, there are occasional errors, which results in items having to be returned. This causes significant confusion on ACME’s part. ACME’s lack of understanding...
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...ACME University Information Systems Department Service Request Requested By: Hiram Lutz Department: Student Community Services Contact: Phone: 7634 E-mail: hiram@acme.edu Request Type: __(__ New System ____ Enhancement ____ Error Correction Description: The Office of Student Community Services (OSCS) provides assistance to non-profit agencies in the community. OSCS serves as a facilitator that matches students that wish to perform community service with agencies that need labor for their events. Typically, agencies will conduct numerous events during the academic year and need multiple people to participate in each event. Likewise, a student, who may belong to one or more student organizations, will usually engage in several events from different agencies throughout the year, and could work on multiple occasions at the same event. However, a student will only work at a specific event once on a single day. A given event is sponsored by only one agency. Currently all OSCS records on these activities are kept in Excel spreadsheets, but this approach has become unwieldy as the popularity of OSCS’s services has increased among agencies and student organizations. At this point we need to better automate this record keeping. As the first phase of this task we would like to have a database created that will allow us to store all of the relevant data on the student organizations, students, agencies, events, and match-ups that our office coordinates...
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...Acme Fireworks Business Growth Faith Daniel Business Law (BBL1510B) Instructor Donald Ceplenski March 23rd, 2015 Acme Fireworks is a small partnership company that manufactures fireworks, fireworks displays and recently have added the service of setting off farm displays. Acme started a small fireworks company inside the owner’s garage and has grown into a fully functional company including the owner manager and 15 employees. The manager of Acme fireworks started in that position approximately 2 months ago realized there were many things that needed to be researched and learned to be an efficient manager. In this paper you will read about some areas that a manager for Acme Fireworks had to learn for a better understanding of the company. It starts with finding out more about what law governs Acme fireworks, five essential elements of any contract, the live legal liability of the owner and company in regards to injuries, agency laws in regards to relationships, the advantages and disadvantages of those relationships and a change in the company type and reasoning for choosing style of company. Contracts are the very nature of many businesses and are created daily. Now days in the sales department many companies have a program that will allow the sales department as they enter orders to build the contracts leaving the lawyers to more pressing things. There are a few different contracts repressed contracts that are created through words and does not have to be in writing...
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...What are the potential ethical issues faced by Acme Corporation? -Acme Corporation faces the ethical issue of bribery in order for buyers to purchase their products. This type of behavior can cause the corporation million dollars of fees and decline of consumer trust. Moreover, if outsiders get a word of Acme’s misconduct, the corporation can loose large portion of revenue and damage its reputation. What should Acme do if there is a desire to make ethics a part of its core organizational values? -In order for Acme Corporation to prosper in the future it must establish a strong ethical code of business conduct. This change may require a new staff hiring or ethical simulation tests, in which employees are re-trained on ethical behavior. Moreover, the company must have a clear mission statement and vision for the employees to follow without being trapped between what is right or wrong. More than anything, the Acme employees must have clear transparency so that if something goes wrong, employees can feel secure and confident to point out where is the weakest link. Identify the ethical issues of which Frank needs to be aware. -There are several ethical issues that Frank needs to by aware off and the first issue is that Frank is engaging in some kind of bribery, thus putting on line his own reputation as well as the company’s. Also, Frank’s misconduct towards the customer results in questioning Frank’s personal and business integrity. It is one thing to have business relations...
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...accounting conventions. These figures are bound to follow the concepts of Prudence and Accruals. Which says that expense should be recorded when it can be foresee. Whereas cash flows statement only consists of all the cash movements within the business. Cash flow tends to deduct or add any movements which cannot be justifiable in monetary term or within which the cash is not involved. ii. Provide a likely and economically sound reason why this company has both an extremely high Gross Margin and a negative Operating Margin. Acme Packet is in session delivery network solutions and is vulnerable to both technological advancement and marketing its product. The fact that Gross Margin is high because the cost of providing this service is low but generates high profit margin. But however due to vulnerability to technological advancements they must incur tons of money into their research and development program in order to upgrade its solutions. Acme Packet must also have to incur heavy marketing cost in order to showcase their solutions due to fierce competition among the players in IT industry. Gross Margin is (Total Revenue minus Total Cost of Goods Sold) divided by Total Revenue. Operating Margin is (Total Revenue minus Total Operating Expenses) divided by Total Revenue. Mechanics: iii. Why do we add back a decrease to Accounts Receivable? A decrease in Accounts Receivable indicates that one of our customer had paid his owed account. When a customer pay his /...
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