...24-1 Body Glove Prepared by Your Name For Mr. Dillon M. Williams, MBA Teacher of Business Education in partial fulfillment of the requirements for Emerging Technology in Business Parkway Academy Charter High School Department of Business Miramar, FL School Year 2009-2010 Date Table of Contents Issues…………………………………………………………………. 3 Facts…………………………………………………………………... 3 Analysis………………………………………………………………..5 Recommendations/Conclusion…………………………………………..7 Issues 1. For what purposes does Body Glove use its budgeting system? Which purposes are emphasized? 2. Trace the steps in the development of the budget at Body Glove. What are the key events that relate to the timing of the steps in the budgeting process? 3. The case says that Body Glove never prepared a budget prior to fiscal year 1991. How can a company like Body Glove function effectively without a budget, or can it? 4. What changes to Body Glove’s budgeting and review process would you recommend, if any? 5. If Body Glove continues to grow and, perhaps diversifies, what changes will have to be made to the budgeting and review process? Facts Body Glove was established by two former lifeguards, in which were twin brothers by the names of Bob and Bill Meistrell in Hermosa Beach, California in 1953. In its first 30 years of existence, the Body Glove...
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...SUMMARY FACTS: ISSUES: ANALYSIS: RECOMMENDATIONS: FACTS: ISSUES: With Body Glove’s primary goal to become the number one wetsuit manufacturer, how can they properly utilize the budgeting process to forecast and measure revenues and expenses, clearly communicating expectations throughout the entire organization (sales and manufacturing), while motivating all employees to work in support of this strategy . ANALYSIS: Body Glove prepared its first formal revenue and expense budget last year. Russ employed a simple bottom-up process to allow participation from his department heads. They used the budgeting system mainly to project revenues basing on a 25% increase in sales the management team estimated. Sales budget being the cornerstone of the entire master budget, became the basis of coordination for all other departments’ budgets. Budget period was broken down by months and by products. Russ consolidates, reviews and discusses the budget with his managers, sometimes suggesting changes. He noticed his managers didn’t implore a lot of budgetary slack because of the way they optimistically forecasted revenues and while not accounting for unforeseen expenses that might be incurred to support the company’s 5 year strategic goal of expanding marketing. Russ also foresees high uncertainty in the market which can come from competition, change in customer demand and taste. Though Body Glove or any company’s goal is to increase profit, there wasn’t a performance-based...
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...Japanese and was taught to kill with a kendo, a large stick, at a young age. While they were searching the body of the murdered man, Carl, they found a wound that looked as though it could have been from a Japanese kendo. Chapter fire tells about the investigation of the murdered man Carl. “He got hit pretty hard with something fairly flat, Art. Puts me in mind of a type of gun butt wound I saw a few times in the war. One of those kendo sticks the Japs used” (Guterson 43). Just because Kabuo was Japanese they accused him of hitting Carl with a kendo, still not being completely positive that it was that. He could have gotten hit by the boat when falling over board. O.J Simpson was accused because he had many evidence that was lead back to him. A pair of gloves was found on the scene and one of the gloves was found behind O.J Simpson house. According to Jason McDonald on Guora, the investigation of O.J Simpson was long and many things surprised people, “Surprise, surprise... O.J. could’t get the glove on, and the prosecution's best piece of physical evidence tying him to the scene was further compromised” (McDonald). O.J Simpson was accused because of a glove that someone else could have threw in his back yard to make it look like he did it. The evidence on the glove in O.J Simpsons backyard, the hair strand from Ms. Simpson, could have bee collected days before the murder. The glove did not fit therefor why would O.J have used it. All evidence proceed to either defend or accuse each...
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...Current Situation Created in 1975 in Spain, ZARA, belonging to the Inditex Group, is the world’s third, and Spain’s number one apparel brand, setting up more than two thousands clothing chain in 62 countries around the world. The first Zara shop opened in 1975 in La Coruña, Spain, a city in which the group first began doing business and which is still its headquarters. ZARA is loved by the fashion young people with its excellent design and cheap price. 《Business Review》 assessed ZARA as “DELL in the apparel industry”, Harvard Business School assessed that ZARA is the brand that most worthy of study in Europe. Although ZARA total stores only accounted for one-third of all the branches of Inditex, but its sales are about 70% of total sales. 2004 its global revenues was 4.6 billion Euros, profit was 440 million Euros, the profit rate was 9.7% which was better than the largest USA clothing chain brand GAP with 6.4%. ZARA launched about 12,000 kinds of fashion every year and each kind had not a big amount for sale. Even the best-selling models, ZARA only supply a limited amount; it is often that in a store there was only two pieces for one style and without replenishment. Through this "manufacturing shortage" approach ZARA acquired a large number of loyal followers and achieved breakthrough for economies of scale. ZARA business success in recent years, can be summarized into four factors: ① it has a large group of designer and big design center for information exchange; ②the...
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...Analysis and interpretation of “A gap of sky” by Anna Hope “A Gap of Sky” is a short story by Anna Hope. The story is about the young girl Ellie who lives in London and attend UCL. She lives a wild life with parties and drugs and therefore she cannot concentrate on her studies. She has not got anyone to hold on to and no parents to guide her. The city distracts her with all its options and temptations. There is always new and exciting things around the corner but you must focus on the important things and not choose to follow all your impulses – life is too short for that. The main themes in the story are developing and identity. Ellie finds out that it is important to keep up on her studies and take care of her body, by staying clean of drugs. Ellie is the main character in the story. She attends University College London, but she does not take her studies very serious. The text says: “It was their fault she was doing this bloody course in the first place.” So it seems like her parents have forced her to go there. She does not care much about her education. She is very close to expulsion. “She remembers the letter, the stomach-lurching letter. If this lack of application continues we will have no choice but to reconsider your place on the course.” She most likely skips classes and papers and parties instead. In the beginning she wakes up after a party. It is Monday afternoon which means that she had been partying all Sunday night. She cannot remember last night clearly because...
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...Tuesday at nine.Her thoughts and actions are hectic and out of order. The hallucinatory drugs she has been taking and thealcohol she has been drinking all night make her unfocused, and as her printer has run out of ink, Elliedecides for herself that she has to go out in city to buy some ink before she can get to write the essay, eventhough all the stores are about to close.Ellie is as far from sober as she could be, and the big city itself is a jungle of distraction to her unfocusedmind. But she has a mission, a purpose, and she moves through the streets beside other Londoners with amission. It makes her feel like a functioning part in a greater machinery.On her way she comes across an iron railing where someone has left behind a black leather glove. Theglove is arranged so that the middle finger...
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...Case 24-1 Body Glove Question 1 The purpose of Body Glove budgeting system is to minimize the expenses based on the estimated sales to maximize profit. The budgeting system help to draw a better picture on the how much to spend on the materials especially on neoprene usage by estimating cost on monthly basis. In this case the company production cost are different in two seasons as the cost of full fall suit averaged about $100 as for the spring line it was about $60. The $40 different will affect the cost estimation significantly. Question 2 The budgeting process began in November by estimating the sales growth and then broken down the total sales by month and by product. Each department is requested to developed monthly projection of key expenses such as materials, salaries, legal expenses, etc. Russ consolidated, reviewed, and discussed them with his managers, suggesting changes if any. The budget was finalized by the end of December. Russ approved the budget himself. During the year the budget was used to monitor the performance as well as to detect early warning signals of problem areas by comparing actual performance on monthly basis. Question 3 Body Glove didn’t function effectively without the budgeting system. Its reputation was negatively perceived due to late delivery due to unbalancing the inventory stockouts and inventory carrying cost. This is due to the uncertainty demand in the market and the material supply. Question 4 The budgeting plan...
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...Tyler Ingram Final Report Block 1A 9/23/14 Suspect | Motive | Opportunity | Ability | Hugh Gottmale | Webster destroyed his business | He was left alone in the conference room, he could've left killed Webster and returned without anyone noticing | He did not have the ability because he has carpel tunnel syndrome | Rita Wright | Webster and Dee had an affair and Rita knew about it. | She was alone in her room and she could've snuck out and killed Webster without anyone noticing. | Rich trusted her and she was able to drug him. | H.T. Amal | Rich got all the credit/wealth from Amal's work. | He was left alone in his room during the killing but he was on his computer the whole time, saving files every 5 minutes; so he didn't have the opportunity | Little old guy, not much ability | Dee Leeter | She was heavily in love with Rich and she stated that "if I can't have him no one can" | After she left the meeting to go to the bathroom she could've killed Rich | She is very strong, she was the women's arm wrestling champion | Justin Coder | Wanted to steal Rosebud | When he left the meeting to go to the bathroom he could've killed Rich | Young male that would be strong enough to strangle Rich | Del Packard | He would get all of Rich's money/possessions if Rich died | Everyone thought he was sleeping, so he could've snuck out and killed Rich | Very big man that could easily strangle Rich | I believe that Del Packard killed Webster without anyone else...
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...Customer Centric Organizations – Kossan Group Being in the medical glove manufacturing industry since 1989, the Kossan Group has grown to understand and anticipate the needs of the medical healthcare community. The staff and workers of Kossan are inspired and passionate to produce high quality medical gloves to safeguard the users against cross contamination. The innovation is regarded as a driving force to constantly provide product solutions for the present and the future needs of the industry. The company’s Vision & Mission is aptly derived from acronym of Kossan, which K refers to Keeping a healthy growth through teamwork, O refers to Opting to be competitive through the provision of good services and quality products, S refers to Striving to reduce Malaysia's dependence on imported rubber goods, S refers to Stepping up the welfare and professionalism of our employees, A refers to Aspiring to develop more high technology products and Navigating towards Malaysia's Vision 2020. As can be seen, two of the visions are customers centric, which are by providing good services and quality products (O) and to develop more high technology product (S) to satisfy the customers’ needs. These vision and mission are displayed and construed everywhere in the company to ensure them are well communicated to the employees. As like other major glove manufacturers in the industry, Kossan is original equipment manufacturers (OEM) who mainly sell their...
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...opportunity to pitch in the very first stadium where the very first game was played in Cuba. In between innings my teammates would go through a case of water like it was nothing. We were trying hard to play in the scorching weather. I was literally dying in the mound, there was an inning where I ran out of air and was purple! I took about a million puffs of the inhaler and got back on the mound. I am proud to say that I was the first pitcher to ever throw a complete game shutout on that team in history! on this trip I realized how much I have and how bad I take for granted. It was very hard for me to see kids playing just as good or even better than us without any proper equipment! Kids playing in sandles, torn up cleats , ripped up gloves shorts or sweats. I made many friends and I told them how embarrassed I was to have what I have and not realize how lucky I am, so I gave everything that I had away. I...
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...How to put on and remove gloves By the end of these steps you will be able to properly put on gloves as well as remove them. This will be necessary in order to keep the gloves sterile and your hands clean. 1) Things you will need a. Soap b. Water c. Paper towels d. Latex or non-latex gloves *If allergic to Latex be sure to use non-latex gloves in order to prevent allergic reactions. In case of allergic reaction wash hands completely and change to non-latex gloves. If allergic reaction is sever then visit the doctor immediately. 2) Washing hands a. Rinse hands with warm water b. Wash hands completely with soap and water c. Dry hands with paper towels I. Part one: Putting Gloves on 1. Remove a glove from its original box 2. Touch only at the top edge of the cuff 3. Slide glove on to hand 4. Take the second glove with the bare hand, again only touching it at the cuff 5. In order to keep the skin from touching the forearm with gloved hand, turn the outside surface of the glove and cover fingers of the gloves hand, then slide the glove on to the second hand. *Once both gloves are on, be sure not to touch anything except for what is meant to be touched or else gloves will become unsterile. II. Removing Gloves 1. Extend one hand (hold it out straight) and pinch the glove at the wrist , lift up ,making sure you do not touch the skin of the forearm, peel glove off , turning it inside out. ...
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...The decadence of a human being is not a beautiful sight to see, especially if it is one of your own loved ones. The question usually asked in this matter is, how can I help him/her? You can certainly be supportive the person if it is something hard for him/her to overdue, but if they are declining their own state of mind, it is up to the person who has the problem to confront it and overcome it. This is one of the topics dealt with in Anna Hopes short-story “A Gap of Sky” from 2008, where a teenager named Ellie struggle against her inner demons. The story is set in today’s London; the author starts in medias res with the line “It is dark, but the wrong dark. Something is wrong with the dark” and therefore the author also establish by his use of words such as dark, and it not just dark it is a wrong dark, a rather gloomy mood. We are quickly introduced to the short-story’s protagonist, Ellie, a 19-years old girl who attends University College London. Our first impression of Ellie is a slightly obscene one, she wakes up after a party, she barely remembers what she did the night before, other than some drugs, and it was certainly not harmless marihuana, it was die hard drugs such as cocaine, so she is a ruthless teenager, a rebel one might say, but still not definite stupid since she does attend University College London, but what she really needs is a little stability in her life. Ellie looks at her cell phone and realises how late it is, and that is terrible news to her, since...
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...ENVIRONMENTAL/DETERIORATION VARIATION Environmental Variation Opportunities for achieving robustness abound. We have a product, a process and materials. Each can be designed to be robust to the others. In addition, all can be designed to be robust to the usage conditions and environment as well as to wear and deterioration of the components and materials. Given that we wish to deal with quite unrestricted environments, little is known about this sample correlation. Companies sometimes execute certain experiments performed in simulated environments. You can design a process to be robust to the environment. Suppose you are manufacturing gloves. By identifying the proper temperatures and line speed, the glove line can be setup so that is robust to daily fluctuations in room temperature and room humidity. This results in fewer process adjustments as the room conditions change. You can design a material or component that is robust to the environment. Temperature often has an effect on the strength of a plastic. When formulating the plastic, targets should be selected for the ingredients that make the strength insensitive to fluctuations in temperature. This results in a more reliable product, i.e., one less likely to encounter conditions under which it will fail. Deterioration Variation This introduces variation into the product as the product is used. It is a major cause for warranty issues in products. Parts wear, break or fatigues and fail. For example...
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...stool to rest before her shopping, she realizes that her hand has brushed against a pair of two-dollar silk stockings. She continues to feel the splendid fabric and asks the shop girl for a pair in her size. After choosing a black pair of stockings, Mrs. Sommers buys them and goes directly to the ladies' waiting room to change. For once, she abandons thinking about responsibility or about why she is so satisfied at her purchase. She sits in the room for a while, reveling in her stockings, before going to the shoe department, where she tries to find a pair of shoes to suit her stockings. She pays for a stylish pair of boots, although they cost a dollar or two more than her usual shoes, and she then goes to the glove counter. She has not been fitted with gloves for a long time because they are too expensive, but she takes pleasure in the experience. She also...
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...The devil It was in the late morning on a spring day. The bazaar had landed at the city and my father and his sister, my auntie, went to look at it. There are dependably bunches of excellent ladies at these voyaging fairs, yet my father needed to see the oddity shows. My father was constantly intrigued with the flexible man, the dairy animals with two heads, the singing chicken and the various irregular attractions these shows give. This time it was somewhat dissatisfaction. There were the ordinary presentations, however only old news new and a rate of the shows were obviously fake. At any rate they met two young people and were getting readied to go hear some unrecorded music when they ran into a short, stubby man wearing a dinner cover who started speaking with them. This pariah displayed himself and started examining the hulk shows. By then he raised his arm and yelled he was the best illusionist on the planet. He said he had a trap that was both alarming and surprising. My father asked in the matter of whether he was a bit of the bazaar. The man said he auditioned for work; however the supervisor turned him down. My father approached him for what great reason. The man said his showing was so startling the holder rebuked him for being the miscreant. In no time my father and uncle were spellbound. They asked with reference to whether they could see the trap. The man said clearly, nonetheless they would need to go to the trailer where he exists. There he would uncover...
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