...Assignment #1 Business Strategy Strayer University HRM530 Section 016 April 23, 2011 Mountain Bank A Case Study I. I would recommend that Mountain Bank implement the following competitive strategy for the reasons given: a. Mountain Bank should follow the differentiation strategy. i. Mountain Bank should follow this strategy because few organizations can successfully use the cost leadership strategy. One problem with a cost leadership strategy is usually only one organization can be the lowest-cost provider in any industry. The organization that is often successful at the cost leadership strategy is an organization that has a large share of the market (p. 48). Mountain Bank does not have a large share of the banking market. Mountain Bank is located in the northwest United States. According to current estimates Mountain Bank has about fifty percent of the market for retail banking, about twenty-five percent of consumer lending market, less than ten percent of the real estate and mortgage banking market, and less than five percent of the corporate banking market in its area (p. 69). ii. Another reason that Mountain Bank should follow this strategy is one of the best methods for achieving gains in the real estate banking and corporate banking is cross-selling. Cross-selling occurs when tellers and customer service representatives convince customers with retail accounts to open corporate accounts or to obtain home mortgages from Mountain Bank. Recent studies...
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...Competitive Business Strategy for Mountain Bank Strategic Human Resource Management January 19, 2012 1. Discuss the strategies that Mountain Bank should implement to achieve a competitive advantage in the marketplace. When establishing a strategy, one would need to know what a strategy is in order to achieve that goal. A strategy is look at as being “a set of coordinated choices and actions” (Stewart & Brown, 2009, p.66). So to come up with a competitive business strategy, we would need to take a look at certain factors. This would determine what strategy or choice and action we would need to take in order to make the most of our resources in order to achieve a profit. We would need to take a look at the organization and take into consideration its strengths and weaknesses. We would need to take a look at what type customer we are actually serving and what their needs are. Last, we would need to take a look at our current resources and see if we would need to either add, subtract or manipulate and change in order achieve our goal. I think with Mountain Bank, I think our strength would be our capability to provide a personal touch with our tellers. If you look at the banks business demographics, Mountain Bank has 50% of the market on retail banking. That’s half of the banking business for that part of the United States. Mountain Bank would need to find a way to extend that type of service and customer touch to the other markets. I feel in order to...
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...Case Overview/Selection/Assignments BrandScape Dates and Assignments Because of the tight seven-week scheduling of this course, we need to arrange for teams and team assignments for both the BrandScape and Case Assignments right away. To facilitate this process, the assignments and dates are outlined here. Please, as soon as is possible, sign up for the BrandScape date as well as the case of your choice. Please indicate your team by name, names of all team members, and your preferences with #1 (Most Desired) through and including - #5 (Least Desired.) If you’re not yet on a team, please let me know, along with your preferences. I’ll try to accommodate preferences as much as I can. (On the other hand, I will need your forbearance, because it usually is not possible to give everyone their first choice.) Team Name: _______________________________________________ Team Members:____________________________________________________ _____________________________________________________________ BrandScape Dates/Assignments. (Be Sure to check the brand you select with Dr. Oliva) BrandScape 1, Wednesday, November 7, 2012 Preference # _______(1Most Desired-5 Least) BrandScape 2, Monday, November 12, 2012 Preference # _______ BrandScape 3, Monday, November 26, 2012 Preference # _______ BrandScape 4, Monday, December 3, 2012 Preference # _______ BrandScape 5, Monday December 10, 2012 Preference # _______ BrandScape 6, (7) Wednesday...
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...2015 Individual Assignment Print Name: _____________________ Total Points = 30 OSU email: _____________________ 10 % of total grade Signature / Date: ________________ Guidelines: You may use notes and required reading to answer the questions. Collaboration among students is not allowed. Please answer each problem, print and attach your answers to this document, and bring a signed copy to class on Tuesday September 8, 2015 Problem #1 – 10 points You decide to purchase a $2500 TV at YouBuy, an electronics retailer. You have $2500 cash in your pocket. The bank rate of interest is 10%. The salesman offers you a choice of three ways to pay: i) You can get $300 off the price today, so you would have to pay $2200 today. ii) You can pay nothing today, $1250 in one year, and $1250 in two years. iii) You can pay $2500 in two years plus payment of a $100 financing charge today. Which option should you choose? 1|Page Problem #2 – 20 points (15 points for part a) and 5 points for part b) ) Bill and Jane are married with one child. The current date is the start of the college year. All tuition is paid at the start of the year. They anticipate their child will go to college 7 years from now and will attend for four years at a cost of $50,000 per year. They anticipate that Jane’s mother will give them $100,000 7 years from now to help pay for the college costs. Finally, they also plan to purchase a vacation house in the mountains 10 years from now...
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...Journal Entries in an ERP This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP Journal Entries in an ERP This assignment reviews basic accounting entries for a series of transactions, emphasizes the integration of journals to the financial statements, and introduces students to these journal entries in SAP ERP ProductSAP ERP GBIRelease 6.04LevelUndergraduateGraduateBeginnerFocusAccounting Entries in Manual and Automated SystemsIntegration of Accounting JournalsAuthorsJim MenschingNancy JonesContributorsPatti BrownVersion1.0 | MOTIVATIONThis assignment is a review of general financial accounting principles and procedures. In the first part of the assignment, you will create general journal entries for a series of transactions in Excel. For the last part of the assignment you will enter your “manual” journal entries into the SAP ERP system. The SAP system will then be used to produce a set of financial statements (balance sheet and income statement). Primary learning objectives are: * Review the concepts of the beginning financial accounting course * Review the accounting cycle * Work with a manual accounting information systemSecondary learning objective: * Review basic Excel skills | | PREREQUISITESBefore you use this case study, you should be familiar with navigation in the SAP system...
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...occurred as people from different regions interacted with one another as they shared and extend acquired knowledge. As a result, primitive people began to establish and populate regions of the ancient world forming structures of the early society. As societies expand, they form into civilization with sophisticated form of communications and development of technologies. Physical geography as well as natural resources can shape the cultures and societies around us. We know that early societies have adapted their ways of life for survival. The success or failure of the society can lead to expansion or downfall of a civilization. Environmental and geographic factors are known to contribute in the development of early civilizations such as Mesopotamia as well as the development of the United States through the process of diffusion from people and ideas over time. In the early civilizations, the presence of water symbolized life. Mesopotamia was the birth of early civilization due to its significant geographical characteristics, the rivers. The accessibility to water source from the Euphrates and Tigris rivers provided the early civilization with the knowledge to bring forth dependable food source. Mesopotamia was located in between two rivers (Soomo, 2013a). The Tigris River, which is shorter compared to the Euphrates River, has deeper channels, which can accommodate more water. The Euphrates River begins in the mountain of the Eastern Turkey. It is longer compare to Tigris...
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...woman tortured by the loss of her own children, scavenges the banks of bodies of water such as lakes and rivers, and abducts children to substitute the loss of her own....
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...GROUP ASSIGNMENT PREPARED BY : Erlinda ( 00000011304) Evelyn Michael (00000011339) CLASS: M6 DATE OF SUBMISSION : 26 March 2015 Bank Mandiri was formed on 2 October 1998, as a part of the Government of Indonesia’s bank restructuring program. In July 1999, four state-owned banks-Bank Bumi Daya, Bank Dagang Negara, Bank Exim and Bapindo-were amalgamated into Bank Mandiri. The history of these four banks can be traced back over 150 years, and together they encapsulate the development of the Indonesian banking sector. Today, Bank Mandiri continues this tradition of more than 150 years of delivering outstanding banking and financial services that was developed by the four legacy banks, all of which played an integral role in the development of the Indonesian economy over many generations. Bank Mandiri is currently at an advanced stage of the implementation of its 2010-2014 transformation program as part of which the Bank is working toward revitalizing its vision “To be the most admired and progressive Financial Institution in Indonesia”. To achieve this vision, the focus of Bank Mandiri’s business transformation in 2010 will focus on 3 (three) business areas, namely: Wholesale transactions, Retail deposits & payments, and Retail financing. These three focus areas are supported by the strengthened organization and the infrastructure improvements (branches, IT, operations, risk management) so as to provide integrated service solutions. In addition, the Bank is also...
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...summarizing sources early in the research process helps you narrow your research topic. The bibliography can also help you evaluate the possible usefulness of source material for later use in a paper. This handout is designed to show you how to create an annotated bibliography. Specifically, it will guide you through the process of creating an annotated bibliography by 1) describing in general terms the meaning of the words “annotated bibliography,” 2) explaining in general terms how to write an annotated bibliography, and 3) offering an example of what an annotated bibliography could look like. However, it is important to note that individual instructors may have different requirements for their annotated bibliography assignments. Please check with your teacher or assignment sheet BEFORE following the advice in this handout. What is an Annotated Bibliography? If you have been assigned to write an annotated bibliography, you might be confused about what the words "annotated" and "bibliography" mean. The word “annotated” is the past tense form of the verb “to annotate” which means to summarize. An annotation is simply a summary of a book, article, or some other written source. A bibliography is a list of sources on a particular topic. Put together, an annotated bibliography is a list of sources on a topic that offers a summary for each source. 1 What does an Annotated Bibliography look...
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...summarizing sources early in the research process helps you narrow your research topic. The bibliography can also help you evaluate the possible usefulness of source material for later use in a paper. This handout is designed to show you how to create an annotated bibliography. Specifically, it will guide you through the process of creating an annotated bibliography by 1) describing in general terms the meaning of the words “annotated bibliography,” 2) explaining in general terms how to write an annotated bibliography, and 3) offering an example of what an annotated bibliography could look like. However, it is important to note that individual instructors may have different requirements for their annotated bibliography assignments. Please check with your teacher or assignment sheet BEFORE following the advice in this handout. What is an Annotated Bibliography? If you have been assigned to write an annotated bibliography, you might be confused about what the words "annotated" and "bibliography" mean. The word “annotated” is the past tense form of the verb “to annotate” which means to summarize. An annotation is simply a summary of a book, article, or some other written source. A bibliography is a list of sources on a particular topic. Put together, an annotated bibliography is a list of sources on a topic that offers a summary for each source. 1 What does an Annotated Bibliography look...
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...Case Study 2—Internal Control Due by Sunday of Week 5, 11:59 p.m., mountain time LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The president wants to be aware of any new regulations required of his company if they go public, so he met with a colleague of yours at a local restaurant. The president of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the president of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as treasurer and controller, which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant has recently started using pre-numbered invoices and wants to buy an indelible ink machine to print their checks. The president is waiting to hear from you if this is a necessary...
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...Case Study 2 -Internal Control Due by Sunday of week 5, 11:59PM, Mountain Time LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The President wants to be aware of any new regulations required of his company if they go public so he met with a colleague of yours at a local restaurant. The President of the company explainedthe currentsystem of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the President of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountantwho serves as Treasurer and Controller which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant has recently startedusing pre-numbered invoices and wants to buy an indelible ink machine to print their checks. The President is waiting to hear from you if this is a necessary purchase before...
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...Case Study 2 -Internal Control Due by Sunday of week 5, 11:59PM, Mountain Time LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The President wants to be aware of any new regulations required of his company if they go public so he met with a colleague of yours at a local restaurant. The President of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the President of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as Treasurer and Controller which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant has recently started using pre-numbered invoices and wants to buy an indelible ink machine to print their checks. The President is waiting to hear from you if this is a necessary purchase...
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...Case Study 2—Internal Control Due by Sunday of Week 5, 11:59 p.m., Mountain time LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The president wants to be aware of any new regulations required of his company if they go public, so he met with a colleague of yours at a local restaurant. The president of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the president of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as treasurer and controller, which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant also interviews and approves of all the new hires. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant has recently started using pre-numbered invoices and wants to buy an indelible ink machine to print their checks...
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...Case Study 2—Internal Control Due by Sunday of Week 5, 11:59 p.m., Mountain time LJB Company, a local distributor, has asked your accounting firm to evaluate their system of internal controls because they are planning to go public in the future. The president wants to be aware of any new regulations required of his company if they go public, so he met with a colleague of yours at a local restaurant. The president of the company explained the current system of internal controls to your colleague. Your colleague has since been promoted to a tax position so she has passed on the information below so you can generate recommendations for the partner at your accounting firm to share with the president of LJB Company. Since LJB Company is a relatively lean organization, they have a lot of faith in their long-term employees. They have one accountant who serves as treasurer and controller, which streamlines many of their processes. In this dual role, he purchases all of the supplies and pays for these purchases. He also receives the checks and completes the monthly bank reconciliation. The accountant also interviews and approves of all the new hires. The accountant is so busy that the company handles petty cash a bit differently. All employees have access to the petty cash in a desk drawer and are asked to only place a note if they use any of the cash. The accountant has recently started using pre-numbered invoices and wants to buy an indelible ink machine to print their checks...
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