...Extended Case Studies (Set 2) [INTERMEDIATE 2] [pic] The Scottish Qualifications Authority regularly reviews the arrangements for National Qualifications. Users of all NQ support materials, whether published by LT Scotland or others, are reminded that it is their responsibility to check that the support materials correspond to the requirements of the current arrangements. Acknowledgement Learning and Teaching Scotland gratefully acknowledge this contribution to the National Qualifications support programme for Business Management. © Learning and Teaching Scotland 2006 This resource may be reproduced in whole or in part for educational purposes by educational establishments in Scotland provided that no profit accrues at any stage. Contents Introduction 4 Case Study 1: Mined Matters 7 Case Study 2: Is it Only a Game? 13 Case Study 3: Gardners Take the Biscuit 18 Case Study 4: Tanfastic!! 24 Introduction This resource is to support the learning and teaching process for Business Management at Intermediate 2 level. It consists of four case studies, each of which is accompanied by a number of questions. Each question has been allocated marks and, in each case, the total number of marks is 25. There are also suggestions on the type of answers that could be considered as a suitable response to the question. The case studies The case studies have a number of features: • They are longer than the case studies...
Words: 6378 - Pages: 26
...Krystal Bante Case Study Chapter 2 1. In the beginning, Pandora tried to get music subscribers by giving people 10 free hours, then asking them to pay $36 a month after that for the service. Of course no-one was willing to pay so much for a service that they could get for free by switching on an FM radio. After that model failed they tried several other options until they decided to use the “freemium” model they are using today. With a freemium service the basic service is available for everyone for free, but with strict limitations in bandwidth and ads between songs which results in a lower quality listening experience. The premium service is priced at just $36 a year, 1/12 of their previous asking price. Three dollars a month is much easier for a consumer to justify. The premium service offers higher bandwidth songs and no advertising. 2. What Pandora does for its customers is provide access to music through the “Music Genome Project.” This project was started by the founders of Pandora and offers a way to classify music so that similar music by different artists will group together into what they call a personalized radio station. The music is evaluated by professional musicians for genre, and then within each genre 200-500 different data points are set for each song by the music professional. A function is used to identify the distance between songs so that similar songs can be included in a customer's playlist. A user can apply additional weights to promote or demote...
Words: 673 - Pages: 3
...ENTR 510 Week 2 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-2-case-study Product Description ENTR 510 Week 2 Case Study Table of Contents Introduction3 Experience in the field3 Differentiation from competitors3 Alison-based store4 Financial Data4 Work satisfaction5 Growth beyond the 600-square-foot shop on Hanover Street5 Resources for her store5 Alison vs Malincho6 References6 ENTR 510 Week 2 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-2-case-study Product Description ENTR 510 Week 2 Case Study Table of Contents Introduction3 Experience in the field3 Differentiation from competitors3 Alison-based store4 Financial Data4 Work satisfaction5 Growth beyond the 600-square-foot shop on Hanover Street5 Resources for her store5 Alison vs Malincho6 References6 ENTR 510 Week 2 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-2-case-study Product Description ENTR 510 Week 2 Case Study Table of Contents Introduction3 Experience in the field3 Differentiation from competitors3 Alison-based store4 Financial Data4 Work satisfaction5 Growth beyond the 600-square-foot shop on Hanover Street5 Resources for her store5 Alison vs Malincho6 References6 ENTR 510 Week 2 Case Study Purchase here http://devrycourse.com/ENTR%20510/entr-510-week-2-case-study Product Description ENTR 510 Week 2 Case Study Table of Contents ...
Words: 315 - Pages: 2
...Part 2 of Case Study 3 in ACCT504 2. What are the three sections of a cash budget, and what is included in each section? The three major sections of a cash budget are cash receipts, cash disbursement, and financing. A cash receipt includes cash collections from customers; sales to customers, collecting on credit sales, interest made, etc. Cash disbursement is considered anything that is expected to be paid; administrative expenses, inventory purchases, taxes, etc. Financing is the part of the cash budget that is needed in case of a cash deficiency. If a cash budget falls short, the company can borrow money to make up for that amount. Repayment of the financing then also includes the interest that needs to be paid on that amount, (Weygandt, Kieso & Kimmel, 2002). 3. Why is a cash budget so vital to a company? A cash budget is a tool that can be used to manage a company’s cash. This budget will help a company stay focus by determining an appropriate budget, and help the company see if they can or cannot afford a new investment; or if and how much of financing may be needed. 4. What are the five basic principles of cash management that a company can follow in order to improve its chances of having adequate cash? The five principles are: Increase the speed of collection on receivables; which means that the company will be able to use those funds quicker. Next, inventory levels should be kept low, which also keeps the cost of storage lower and prevents from...
Words: 406 - Pages: 2
...LaToya Shaw Case Study 2-Internal Control Financial Accounting 504 June 14, 2015 Internal control is very important to any company. It protects a company’s assets, can stop fraud and embezzlement. According to the authors of our book, “Internal control is a plan of organization and a system of procedures implemented by company management and the board of directors designed to accomplish the following: safeguard assets, encourage employees to follow company policy, promote operational efficiency, ensure accurate reliable accounting records, and comply with legal requirements” (Harrison, Horngreen, Thomas 2013). One of the main internal control problems that Williams Oil Services Company is doing, is allowing the receiving clerk to handle too much of the company’s inventory without proper supervision. In this case (situation a), there needs to be a separation of duties. The receiving clerk should not be in charge of the entire inventory. If she is going to order the inventory someone else should be in charge of counting the inventory received at the dock and another person should be in charge of inputting the receipts into the inventory ledger. There should also be someone in charge of reviewing the parts ordered from the receiving clerk. Having too much control in one area can cause fraud and other problems. Nicole Lopez at Scott Sales Service (situation b) is clearly violating an internal control when she is not requiring the sales team to provide...
Words: 509 - Pages: 3
...Week 7 Case Study 2 To Buy this Class Copy & paste below link in your Brower http://www.homeworkregency.com/downloads/bsop-209-week-7-case-study-2/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BSOP 209 Week 7 Case Study 2 BSOP 209 Week 7 Case Study 2 To Buy this Class Copy & paste below link in your Brower http://www.homeworkregency.com/downloads/bsop-209-week-7-case-study-2/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BSOP 209 Week 7 Case Study 2 BSOP 209 Week 7 Case Study 2 To Buy this Class Copy & paste below link in your Brower http://www.homeworkregency.com/downloads/bsop-209-week-7-case-study-2/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BSOP 209 Week 7 Case Study 2 BSOP 209 Week 7 Case Study 2 To Buy this Class Copy & paste below link in your Brower http://www.homeworkregency.com/downloads/bsop-209-week-7-case-study-2/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BSOP 209 Week 7 Case Study 2 BSOP 209 Week 7 Case Study 2 To Buy this Class Copy & paste below link in your Brower http://www.homeworkregency.com/downloads/bsop-209-week-7-case-study-2/ Or Visit Our Website Visit : http://www.homeworkregency.com Email Us : homeworkregency@gmail.com BSOP 209 Week 7 Case Study 2 BSOP 209 Week 7 Case Study...
Words: 2601 - Pages: 11
...QRB 501 WEEK 2 LEARNING TEAM CASE STUDIES A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=qrb-501-week-2-learning-team-case-studies Visit Our website: http://hwsoloutions.com/ Product Description PRODUCT DESCRIPTION QRB 501 Week 2 LEARNING TEAM CASE STUDIES. 5-2 Artist’s Performance Royalties Question One The first question was a little unclear as to whether Ziam would be splitting his royalties with a performer and publisher, absent this information a formula was provided for both. This clarification was the only barrier to providing the answer. Questions Two- Four The team did not have any issues answering the questions, the case study provided more than enough information to determine the known factors. The check formulas provided were very helpful and prove to be quite useful tools. The formulas were easy to follow and the tools provided were essential to solving the equations. 6-2 Customer Relationship Management Question One There were not any issues with the answer to question one. The team was able to find the total number of subscribers by adding all of the customer groups together (i.e. PS+AD+TC+ISP=TOT). After finding the total the team was able to then find what the percentage of each of the four customer groups were. This was completed by dividing the number of subscribers within each group by the overall number of customers (i.e. PS/TOT, AD/TOT, TC/TOT and ISP/TOT). Question Two This question was a bit tricky, because of the...
Words: 466 - Pages: 2
...ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-2-team-assignment-case-study-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 2-2 Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Case Study BYP in order to ace their studies. ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-2-team-assignment-case-study-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision Making: Managerial Analysis BYP 2-2 Home Work Hour aims to provide quality study notes and tutorials to the students of ACC 349 Week 2 Team Assignment Case Study BYP in order to ace their studies. ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP To purchase this visit here: http://www.nerdypupil.com/product/acc-349-week-2-team-assignment-case-study-byp/ Contact us at: nerdypupil@gmail.com ACC 349 WEEK 2 TEAM ASSIGNMENT CASE STUDY BYP Prepare written responses to the following case study from Ch. 2 of Managerial Accounting: Tools for Business Decision...
Words: 777 - Pages: 4
...CIS 512 WK 2 CASE STUDY 1 REVOLUTIONIZING THE RETAIL SECTOR To purchase this visit here: http://www.activitymode.com/product/cis-512-wk-2-case-study-1-revolutionizing-the-retail-sector/ Contact us at: SUPPORT@ACTIVITYMODE.COM CIS 512 WK 2 CASE STUDY 1 REVOLUTIONIZING THE RETAIL SECTOR CIS 512 WK 2 Case Study 1 - Revolutionizing the Retail Sector The Digipos (http://bit.ly/MOWvG1) Website states, “We design, develop and manufacture our own range of systems that are engineered to meet the challenging and constantly changing demands of a retail environment. Using the latest technologies, we deliver positive, cost-effective solutions in compact, high performance, reliable, and energy saving technologies. Our systems are used by leading retailers around the world.” In 2004, DigiPos launched the DigiPos Retail Blade system, which was the first electronic point of sale (EpoS) system to use blade technology. Go to Intel’s Website and read “Revolutionizing the Retail Sector”, located athttp://intel.ly/NAfWDs. Write a four to five (4-5) page paper in which you: 1. Examine and assess the main computing problems Digipos faced with regard to system upgrades. 2. Evaluate the solutions that Digipos used to resolve the problem. Propose an alternative solution that you believe could resolve the problem. Compare and contrast the Quantum Blade to the Retail Blade system in terms of computer architecture and system performance. Activity mode aims to provide quality study notes and...
Words: 778 - Pages: 4
...CIS 462 WK 2 CASE STUDY 1 ACCEPTABLE USE POLICY To purchase this visit here: http://www.activitymode.com/product/cis-462-wk-2-case-study-1-acceptable-use-policy/ Contact us at: SUPPORT@ACTIVITYMODE.COM CIS 462 WK 2 CASE STUDY 1 ACCEPTABLE USE POLICY CIS 462 WK 2 Case Study 1 - Acceptable Use Policy An Acceptable Use Policy (AUP) is a very important policy within organizations to define acceptable employee behavior when accessing company resources. Additionally, there are also legal implications within AUPs. Use an existing AUP that you are familiar with, such as from a current or previous workplace, or search on the Internet for an example AUP to complete this case study. Write a three to five (3-5) page paper in which you: 1. Describe the purpose of an Acceptable Use Policy you have selected and explain how the AUP helps provide confidentiality, integrity, and availability within the organization. 2. Critique the AUP you selected and provide recommendations for improving the AUP. 3. Explain methods that organizations can implement to help ensure compliance with the AUP, mitigate their risk exposure, and minimize liability. Describe how your selected AUP accomplishes these goals. More Details hidden... Activity mode aims to provide quality study notes and tutorials to the students of CIS 462 WK 2 Case Study 1 Acceptable Use Policy in order to ace their studies. CIS 462 WK 2 CASE STUDY 1 ACCEPTABLE USE POLICY To purchase this visit here: http://www.activitymode...
Words: 688 - Pages: 3
...This is just a guideline that I have come up with. You DO NOT have to follow this if you have a format of your own. These are some questions to get you started. Introduction / Executive Summary This is just a summary of your entire report. Case Overview Introduction to the case. You can talk about the issues the company is facing. Why LP Model? Talk about how LP Model is related to this case. Recommendations What do you recommend for the company to do? Formulation Decisions That Need To Be Made What decisions to you need to make exactly? Decision Variables What are the decision variables? Define them. Overall Objective What does the company want? You include the objective function here Constraints What constraints does the company have? List out each constraint individually, before stating the constraint functions. Summary of the LP Model Basically...
Words: 305 - Pages: 2
...ACCT 504 Week 5 Case Study 2 Internal Control LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 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...
Words: 941 - Pages: 4
...ACCT 504 Week 5 Case Study 2 Internal Control LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 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...
Words: 941 - Pages: 4
...ACCT 504 Week 5 Case Study 2 Internal Control LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 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...
Words: 941 - Pages: 4
...ACCT-504 Week 5 Case Study 2 Internal Control – LJB Company Click Link Below To Buy: http://hwcampus.com/shop/acct-504/acct-504-week-5-case-study-2-internal-control-ljb-company/ Or Visit www.hwcampus.com Case Study 2 – Internal Control- Due by Sunday of week 5 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...
Words: 941 - Pages: 4