...Casa de Diseno case study Pin It In January 2007, Teresa Leal was named treasurer of Casa de Diseño. She decided that she could best orient herself by systematically examining each area of the company's financial operations. She began by studying the firm's short-term financial activities. Casa de Diseño is located in southern California and specializes in a furniture line called "Ligne Moderna." Of high quality and contemporary design, the furniture appeals to the customer who wants something unique for his or her home or apartment. Most Ligne Moderna furniture is built by special order, because a wide variety of upholstery, accent trimming, and colors are available. The product line is distributed through exclusive dealership arrangements with well-established retail stores. Casa de Diseño's manufacturing process virtually eliminates the use of wood. Plastic and metal provide the basic framework, and wood is used only for decorative purposes. Casa de Diseño entered the plastic-furniture market in late 2001. The company markets its plastic-furniture products as indoor-outdoor items under the brand name "Futuro." Futuro plastic furniture emphasizes comfort, durability, and practicality and is distributed through wholesalers. The Futuro line has been very successful, accounting for nearly 40 percent of the firm's sales and profits in 2006. Casa de Diseño anticipates some additions to the Futuro line and also some limited change of direction in its promotion...
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...Integrative Case 7: Casa de Diseño Integrative Case 7, Casa de Diseño, involves evaluating working capital management of a furniture manufacturer. Operating cycle, cash conversion cycle, and negotiated financing needed are determined and compared with industry practices. The student then analyzes the impact of changing the firm’s credit terms to evaluate its management of accounts receivable before making a recommendation. a. Operating cycle (OC) average age of inventory average collection period 110 days 75 days 185 days Cash conversion cycle (CCC) OCaverage payment period 185 days30 days 155 days Resources needed $11,253,425 b. Industry OC 83 days 75 days 158 days Industry CCC 158 days39 days 119 days Industry resources needed $8,639,726 c. Casa de Diseño Negotiated financing $11,253,425 Less: Industry resources needed 8,639,726 $2,613,699 Cost of inefficiency: $2,613,699 0.15 $392,055 d. 1. Offering 3/10 net 60: Reduction in collection period 75 days (1 0.4) 45 days OC 83 days 45 days 128 days CCC 128 days39 days 89 days Resources needed $6,461,644 Additional savings $8,639,726$6,461,644 $2,178,082 $2,178,082 0.15 $326,712 2. Reduction in sales: $40,000,000 0.45 0.03 $540,000 3. Average investment in accounts receivable assuming cash discount: New average...
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...Case Study, Casa de Diseno A. M. Bonin June 20, 2014 Assignment 3.3: Case Study, Casa de Diseno Requirement A What are Casa de Diseno’s existing operating cycle (OC), cash conversion cycle (CCC), and resource investment need? Operating Cycle = average age of inventory + average collection period. OC = AAI + ACP 110 days + 75 = 185 days. Cash Conversion Cycle (CCC) = OC –average payment period (APP). CCC = OC – APP 185 days – 30 days = 155 days. Resource Investment needed = (Annual operating cycle investments ÷ 365) x CCC ($26,500,000 ÷ 365) x 155 = $11,253,424.657 Casa de Diseno’s OC, CCC and resource investment need is as follows: OC = 185 days CCC = 155 days Resource Investment need = $11,253,425. (Gitman & Zutter 2012, pp. 604-606) Requirement B Industry OC = 83 days + 75 days = 158 days Industry CCC = 158 days – 39 days= 119 days Industry Resource needed = ($26,500,000 ÷ 365) x119 = $8,639,726 Industry OC is 158 days. Industry CCC is 119 days. Industry Resource need is $8,639,726. (Gitman & Zutter 2012, pp. 604-606) Requirement C Casa de Diseno Firm Resource Need $11,253,425 Less: Industry resource needed $ 8,639,726 $2,613,699 Cost of inefficiency = $2,613,699 x 15% annual interest = $392,054.85 The cost of Casa de Diseno’s operational inefficiency is $392,055. (Gitman & Zutter 2012, pp. 604-606) Requirement D 1. Offering 3/10, net 60: Reduction in collection period = 75 days x (1 – 0.4) = 5 days ...
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...Operational Plan for the Capstone Project Humberto Aranda Grand Canyon University: BUS-485 April 3, 2015 Operational Plan for the Capstone Project The supply chain of The Hunting Season consists of multiple distributors that bring in raw and finished products to our location where it is able to supply the consumer base with its retail services. Hunting Season brings value to the supply chain at the point where the customer will have access to the products in our retail and customer service location that have been supplied through national level distribution networks. By this I mean different animals from different regions in the United States. For example, White tail deer from the midwest is going to be different then white tail in the Northwest part of the country. The regulations at the state and federal levels for keeping end state retailers separate from distribution networks is how our restaurant will create value for its clientele. The distribution elements for Hunting Season will be animals that are in season in the best regions in the US. From the tasty elk in southern colorado to the spicy turkey burgers of the south. The spices and vegetables will be bought from suppliers where ever our restaurant will be located. This will make it easier for the managers to keep everything up to date. There is a need to work with multiple spirit distribution companies to have the selection and quality of spirits available that are clientele will expect, the spirit distributors...
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...La Guerra de Sucesión Española La Guerra de Sucesión Española fue un conflicto internacional y nacional por la sucesión al trono de España tras la muerte de Carlos II, que duro desde 1702 hasta 1713,aunque la resistencia en Cataluña se mantuvo hasta 1714 y en Mallorca hasta 1715 .Se saldó con la instauración de la Casa de Borbón en España. . Fue una guerra civil entre borbónicos(reino de Castilla) y la casa de Austria (la Corona de Aragón=. Unos años antes de morir Carlos II, el no tener descendencia se convirtió en un problema para España y para las Cortes Europeas. Con la muerte de Carlos II en 1700, se iniciaba la Guerra de Sucesión Española, al no haber un sucesor al trono claro. Había tres candidatos, * José Fernando de Baviera, bisnieto de Felipe IV, era el candidato perfecto para Inglaterra y Holanda. Murió en 1699 * el archiduque Carlos de Austria, que tenía fuertes partidarios en la corte española; podía unir los reinos españoles y austriacos * y Felipe de Anjou, nieto de Luis XIV, rey de Francia. Que podía unir Francia y España Felipe de Anjou contaban con el apoyo de la Corona de Castilla; y el Archiduque Carlos de Austria con el apoyo de la Corona de Aragón, que tenía miedo que Felipe de Anjou hiciese, al igual que su abuelo, un modelo de administración centralista, y así perdiesen sus fueros tradicionales. Al principio Holanda e Inglaterra intentaron dividir el reino en tres partes, para que los tres aspirantes a la corona se repartiesen los...
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...TEMA: Historia y vida de Salvatore Ferragamo Propósito general: Informar Propósito específico y declaración de la idea central: Que la audiencia conozca la vida y trayectoria del diseñador de modas, Salvatore Ferragamo, principalmente sus objetivos y lo que ahora conocemos como el imperio Ferragamo. Introducción Llamada de atención: Referencia al tema La moda está en la mente de quien la crea, no se puede limitar simplemente porque el mundo no está listo para aceptarla, Salvatore Ferragamo. Justificación del tema: Ferragamo es actualmente una de las empresas líderes de moda, por lo cual aprenderemos sobre su creador. Enlace con el cuerpo del discurso: Salvatore Ferragamo nació el 5 de junio de 1898, en la ciudad de Bonito Italia, se dio cuenta de su vocación cuando sus hermanas le pidieron que fabricara sus zapatos para su confirmación. Cuerpo o desarrollo de ideas i. fERRAGAMO cumplio con sus metas mediante los siguientes principales puntos. A. Descubrió su vocación a sus 9 años 1. Fabricando los zapatos para sus hermanas en su confirmación. B. Estudio en Nápoles 1. Confección de calzado en la universidad. C. Emigro a los Estados Unidos 1. En la ciudad de Boston trabajo junto a su hermano en una fábrica de botas vaqueras. 2. Se mudó con su familia a Santa Bárbara para acercarse a Hollywood. 3. Se mudó a Hollywood para después ser reconocido como el “zapatero de las estrellas”. II. Ferragamo inconforme con su triunfo...
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...Casa de Pilatos La Casa de Pilatos fue iniciada por Pedro Enríquez de Quiñones y su esposa Catalina de Rivera, fundador de la Casa de Alcalá y completada por el hijo de Pedro Fadrique Enríquez de Rivera. En 1520, Don Fadrique Enríquez de Rivera, el primer marqués de Tarifa, regresó de un viaje de dos años de duración a un viaje de Europa a Tierra Santa. Sus encuentros con la maravillosa arquitectura renacentista en ciudades como Roma, Venecia y Florencia le causaron una gran impresión en él que decidió cambiar drásticamente su residencia y convertirlo con un estilo renacentista. Curiosamente, el palacio real de los Duques de Medinaceli es comúnmente conocido como la Casa de Pilatos. El nombre se puede remontar de nuevo al primer Marqués de Tarifa, que, en su viaje a Jerusalén descubrió que la distancia de su casa a un pequeño templo en la Cruz del Campo fue exactamente el mismo como la distancia entre la antigua casa de Pontius Pilate y Golgotha (el nombre bíblico del lugar donde Jesús fue crucificado). De vuelta a casa, el marqués creado un Vía Crucis con doce paradas en el ruta de acceso al templo. Es por eso que la gente comenzó a identificar el palacio de la Casa de Pilatos y esa es la forma en que obtuvo su nombre. El Patio Principal se conoce como la parte más famosa del palacio y es situada en el patio central, que se llama el Patio Principal. Influenciado por la arquitectura renacentista, el dio el palacio un cambio de imagen con balcones, columnas y una fuente...
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...Bartolome De Las Casas’s timeless human rights classic Student’s Name Institutional Affiliation Explain the significance of De Las Casas’s autobiography during the colonial period? Bartolome de las casas the author was a Spanish historian as well as a social reformer. His extensive writings mainly focused on the mayhems carried out by the colonizers against the home-grown people. He had witnessed these violence first hand during the colonization and thus felt obligated to document them. Casas reports that the Spaniards once they came to the Indian villages they would torture and kill them for the gold that they might be hiding or more so force them into slavery (Felix, 2002). These people whom he referred to as “blackguards” would worse more kill pregnant women, the elderly and children by burning them alive, running them through with lances or setting brutal dogs on them. According to him he sarcastically explains that the Indians welcomed the Spaniards only to be rewarded with torture, murder slavery and to serve them. De Las Casas helps us understand the torture that the innocent souls at the island were suppressed to by the foreign kings losing so many people and more so rendering the land to wastage. What were its lessons for humanity? According to the Spaniards their aim to destroying these innocent souls were to subject the king of Spain who had passed out the command to kill and enslave. Their main aim of destroying the vast and blameless souls was to acquire...
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...In the 16th century, Bartolomé de Las Casas was a Spanish historian who became famous for defending the rights of the Native Americans. Spaniards brutality and devastation to the Natives allow Bartolomé to stand against all odds on the conquest and colonization of the New World. He was ultimately named the sole protector of the Natives. Additionally, with his family being connected with Christopher Columbus during the second voyage, Bartolomé de Las Casas became editor for Columbus journals further on in history. On the voyage to creating the New World by the Spaniards, Bartolomé was part of the audience who witnessed the devastation the Christians brought upon the Indians. Abundance of food was taken, women and children were put to death,...
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...The settling of the New World brought gold and riches for some, religious freedom for others, but death and the loss of culture for those already residing in the Americas. People came to the New World for one of two main reasons, religious freedom and personal financial growth. William Penn, a pacifist, was a member of a group in search of religious freedom, while Bartolome De Las Casas, was a priest who traveled with the Spanish in search of God, glory and gold. Through analysis of William Penn’s Letter to the Indians, combined with an understanding of Las Casas’ documentation of Spanish treatment of Native Americans, one can conclude that the motive for settling determined the treatment of Native Americans. The north was comprised of colonies who settled on the basis of finding religious freedom in the New World. This reason for settling helped to shape the nature of the relationship the settlers would have with the Natives. William Penn, in an attempt to achieve good standing with the Natives, sent a letter explaining his intentions and hopes for a harmonious relationship. Penn opens the letter stating his position with God and the lessons instilled upon him and his people through the word of God (Penn). This is an attempt to show the good nature with which he plans to treat the Natives, this is also a good way for him to bring up God in a first attempt at conversion of Natives. “I am very sensible of the unkindness and injustice that hath been too much exercised towards...
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...De Las Casas’s account of the atrocities of the Native American people was very vivid, by grabbing the reader and listing the numerous barbaric acts. “ In this Isle, which, as we have said, the Spaniards first attempted, the bloody slaughter and destruction of Men first began: for they violently forced away Women and Children to make them Slaves, and ill-treated them, consuming and wasting their Food, which they had purchased with great sweat, toil”. As the Spaniards continue to attack the natives by separating families and treating them ill, Casas want to be certain that the Natives troubles are all accounted for. The Spanish’s treatment of the Native Americans can be described as very brutal. Casas himself describes it as “bloody slaughter and destruction.” The Native...
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...My name in Juan Rodriguez Cabrillo. I am a mercenary seaman and shipbuilder. I am a navigator and explorer, known for exploring the West Coast of North America on behalf of the Spanish Empire. After the conquest of Mexico, I remained in the Spanish service as an officer under Pedro de Alvarado. With Alvarado, I explored through lower New Spain and into Guatemala. I am the first European explorer to navigate the coast of California in the United States. I also helped find the city of Oaxaca in Mexico. I am searching for the Strait of Anián that connects the Pacific Ocean to Hudson Bay, providing a route for the Northwest Passage for trade. In the battle between the Spanish and the Aztecs, I fought as captain of crossbowmen. Metal weapons, good tactics, and...
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...SOAPSAC: S: The author of this source is a scribe who recorded the testimony of Pedro Naranjo, a Keresan Pueblo man of the Queres Nation from the pueblo of San Felipe. Naranjo was a prisoner of the Spanish during their campaign of reconquest in Latin America. Naranjo was captured during an attack on the pueblo of La Isleta. Naranjo spoke three separate Indian languages but was not proficient in Spanish. Because a scribe recorded this source, the point of view is third person. O: This source was produced on December 19th 1681 at the Place of the Rio del Norte. This was a period of time in which preexisting sporadic resistance from the New Mexican Pueblo people against Spanish attempts at conversion and subjugation through forced labor demands had become organized under the leadership of El Pope. It was a time of cultural tension and explosive violence. A: The intended audiences of this source were Spanish government officials. Because of the nature of this source there is a very clear bias, Naranjo would desire to pacify his captors rather than inflame them and thus put himself at greater risk. Therefore, his account of events may contain some lapses. P: This source was produced as a testimony during an interrogation. Because of this, the source has inherent bias- however that does not make it completely unreliable. S: This source is significant because it is one of the few records of the colonial era conceived from an American Indian perspective. It supplies much-needed...
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...Dr. Sanchez Bartolome de las Casas Bartolome de las Casas was a Spanish Dominican who became famous for his defense of the rights of the native people of the Americas. He has been recognized by the history as a great man who stood up to a corrupt system. Bartolome de las Casas decided that he wanted to be a priest so his father sent him to the best schools, the University of Salamanca, and the University of Valladolid. He studied Canon Law and earned two degrees. In 1502, Bartolome de las Casa finally came to America. He has seen a lot of things like watching people die by the exploitation and disease. He learned more about the sad situation of the natives when he was studying. In 1514, he finally decided he could no longer be involved in the exploitation of the natives. The first experience he tried was convinced Spanish authorities to allow him to try and save natives by taking them out of slavery and placing them in free towns. But he failed because the region he wanted to experiment was selected had been heavily raided by slavers. So, it is so hard to overcome. In 1537, Bartolome de las Casa wanted to try again to show that natives could be controlled peacefully and the violence were unnecessary. His second experiment finally worked, the natives were brought under Spanish control peacefully. The experiment was called Verapaz or “true peace.” Unfortunately, the colonists took the lands, and enslave the natives and undoing almost all of Bartolome de las Casa’s work. But...
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...that when the Spanish came back, they had more respect for the pueblo peoples. The Spanish government ordered that the settlers would establish small farms instead of big estates requiring a large (enslaved) labor force (Menchaca 2001, 93) 6. 7. One incorrect mapping of New Mexico occurred with the mapping of the border between New Mexico/Arizona and the Sonoran and Chihuahuan (del Castillo 1992, 55). When mapping the boundary between New Mexico/Arizona and the Sonora/Chihuahua it was discovered that there were serious geographical errors on the Map of Mexico which was used in the Treaty of Guadalupe Hidalgo; El Paso was half a degree to far north and the Rio Grande was two degrees to far east, leaving the Mesilla Valley and the Santa Rita de Cobre mines in Mexican territory (del Castillo 1992, 57). What seems like a few degrees difference equals six thousand square miles and three thousand people. These six thousand miles almost started a second war between the U.S. and Mexico. U.S. settlers were attempting to move into the land while the Chihuahuan governor claimed jurisdiction and the New Mexican governor threatened to send troops to occupy the land with force. ...
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