...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 OC = 83 days + 45 days = 128 days ...
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...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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...including the role of international loans. Spontaneous sources, such as accounts payable and accruals, are differentiated from negotiated bank sources, such as lines of credit. The cash discount offered on accounts payable and the costs of forgoing the discount are described. Secured sources include bank and commercial finance company loans backed by collateral such as inventory or accounts receivable. PMF DISK This chapter's topics are not covered on the PMF Tutor or the PMF Problem-Solver. PMF Templates The following spreadsheet template is provided: Problem 15-8 Topic Cost of bank loan Find out more at www.kawsarbd1.weebly.com 393 Last saved and edited by Md.Kawsar Siddiqui Part 5 Short-Term Financial Decisions Study Guide The following Study Guide examples are suggested for classroom presentation: Example 1 4 Topic Loss of loan discounts Accounts receivable as collateral Find out more at www.kawsarbd1.weebly.com 394 Last saved and edited by Md.Kawsar Siddiqui Chapter 15 Current Liabilities Management ANSWERS TO REVIEW QUESTIONS 15-1 The two key sources of spontaneous short-term financing (financing that arises from the normal operating cycle) are accounts payable and accruals. Both of these sources are spontaneous, since their levels increase and decrease directly with increases or decreases in...
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...RESEARCH TECHNIQUES CLASSIFICATION Uni-bi variant techniques • Uni-variant analysis – Frequency Tables (qualitative) – Descriptive Statistics (quantitative) – Summary Tables • Bi-variant analysis – Contingency Tables – Correlation analysis – Variance analysis Research Techniques II 2 Multivariant analysis techniques DESCRIPTIVE TECHNIQUES Factor Analysis Correspondence Factor analysis Cluster Analysis Output Association / Reducing dimensions Typology EXPLANATORY TECHNIQUES Varian Analysis Regression Analysis Discriminant Analysis CHAID AID Conjoint Analysis Multidimensional Analysis Research Techniques II Output Experiment results Prediction / Classification Segmentation Ideal Product Image / Positioning 3 VARIANCE ANALYSIS ONE FACTOR A random design is that where random simples are selected for each treatment. Yij = µi + εij where Yij: it is the answer of observation j who has received the treatment i µi: it is the mean of the treatment i, and εij: it is a specific random part for each observation Hypotheses: H0 : µ1 = µ2 = . . . = µp Ha: At least two treatments have different means. Assumptions: 1. The probability distributions of the p populations follow a normal distribution. 2. The variances of the p populations are equal. 3. Samples are selected randomly and independently from the populations. This model could be also expressed as the following: Yij = µ + τi + εij Where µ: it is the general mean, and τi: it is the differential effect of the treatment i. H 0 : τ...
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...vocabGCSE 09 Spanish Vocabulary book Version- Draft 1 GCSE Spanish Edexcel GCSE in Spanish Edexcel GCSE 2009 Spanish Vocabulary Book Edexcel are pleased to oprovide this free vocabulary book freely to support learners following the the Edexcel GCSE 2009 Specification in Spanish. Please note: the most up to date version of this document is available on the Edexcel website and a definitive list of core vocabulary is available in the Edexcel Specification. Introduction This bilingual glossary has been produced to support you in your language learning and to help you prepare for the Edexcel GCSE. It features a revised minimum core vocabulary foundation level vocabulary (this has been expanded from the original one in the specification) as well as higher level vocabulary. English meanings, genders and irregular word endings are given and the vocabulary is listed both alphabetically and under the following Edexcel headings: High Frequency Language Verbs Adjectives Colours Adverbs Numbers Quantities Connecting Words Time Expressions Times Days of the Week Months of the Year Question Words Countries Continents Nationalities Areas/Mountains/Cities/Rivers Acronyms and Abbreviations Social Conventions Prepositions Listening and Reading Topics Out and About - Visitor Information, Basic Weather, Local Amenities, Accommodation, Public Transport, Directions Customer Services and Transactions - Cafes and Restaurants, Shops, Dealing with Problems Personal Information - General...
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...INDICE PRESENTACION DE LA OBRA .............................................. XUV PARTE 1 EL PAPEL DE LA GESTION DE MARKETING EL PAPEL DEL MARKETING EN LAS ORGANIZACIONES Y EN LA SOCIEDAD ................................................. 1 9 LOS CONCEPTOS BASICOS DEL MARKETING ................................................... 3 Necesidades, Deseos y Demandas 4 Productos 5 Valor, Coste y Satisfacción 5 Intercambio, Transacciones y Relaciones 6 Mercados 8 Marketing y Buscadores de Intercambios 10 t LA GESTION DE MARKETING ................................................................................ 11 Conceptos y Herramientas de Marketing: Niveles de Demanda y Tareas de Marketing 12 * ORIENTACIONES DE LAS EMPRESAS HACIA EL MERCADO .......................... 13 El Enfoque Producción 14 El Enfoque Producto 14 El Enfoque Ventas 15 El Enfoque Marketing 17 Estrategias de Marketing 1-1: El Secreto de la Rentabilidad E s M a r k e t i n g 1-2: El de L. L. Bean - La Satisfacción del Cliente 20 Relanzamiento de las Líneas Aéreas SAS por Jan Carlzon 23 Empresas y Sectores: Cinco Pasos en el Aprendizaje del Marketing en el Sector Bancario 26 El Enfoque Marketing Social 28 LA R A ~ I D A ADOPCION DE LA GESTION DE MARKETING .............................. 29 En el Sector Privado 29 Internacional 3 1 RESUMEN 2 En Entidades No Lucrativas 30 En el Sector ........................................................................ 31 ...
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...Research Project Submitted to the School of Graduate Studies of the University of Lethbridge in Partial Fulfilment of the Requirements for the Degree MASTER OF SCIENCE IN MANAGEMENT Faculty of Management University of Lethbridge LETHBRIDGE, ALBERTA, CANADA © Salvador Barragán, 2005 ii Abstract It has been ten years since the signature of the NAFTA agreement among Canada, U.S., and Mexico. For Mexico, this was a decisive step away from a protectionism model toward a free trade market. One of the main purposes for Mexico in joining NAFTA was to increase the competitiveness of its manufacturing sector, especially the automotive industry. In this paper, Porter’s Diamond Model of national competitiveness and some critiques that attempt to extend the usefulness of the model are analyzed. The Doubled Diamond and the role of MNEs in a host country are both examined through a case study research of the foreign-owned automobile industry in Mexico. The findings of this study show evidence of a broader role of MNEs than in the original framework, as well as the usefulness of the doubled diamond extension to explain alternative sources of competitiveness in early stages of development. iii Acknowledgments The culmination of this thesis can be seen as a successful project. An analogy with Porter’s Model, one of the premises to have a successful industry is to have supporting and related industries. In the case of this thesis is not the exception. There has been...
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...Marco metodológico. 3.1 Diseño de la investigación. 3.2 Población y muestra. 3.3 Técnica. 3.4 Temporalidad. 3.5 Preguntas de investigación.3.6 Variables.3.7 Estadística pertinente.3.8 Discusión sobre las escalas a usar.3.9 Plan de aplicación de cuestionarios.4. Entorno de la investigación. 4.1 Gas LP en Costa Rica.4.2 Gas Nacional Zeta.4.3 Aspectos filosóficos-estratégicos de la empresa. 4.4 El Departamento de Recursos Humanos. 5. Resultados. 5. 1 Confiabilidades Alfa de Cronbach. 5.2 Relaciones resultantes entre las variables.6. Discusión. 6.1 Relación entre Desempeño y Estrés.6.2 Relación entre Desempeño y Compromiso Organizacional.6.3 Relación entre Estrés y Compromiso Organizacional7. Referencias. 8. Apéndices. | 468832455959595960616162636567677073767984858787878792103 | Indice de figuras Pág. 1.Mapa conceptual. 2. Metodos de evaluación del desempeño. 3. Modelo de demanda psicológica y margen de decisión en el trabajo. 4. Relación entre estrés y desempeño en U invertida. 5. Relación lineal positiva entre estrés y desempeño. 6. Relación lineal negativa entre estrés y desempeño. 7. Estrés y desempeño no relacionados.8. Relación entre desempeño y compromiso organizacional afectivo. 9. Relacion entre estrés y compromiso organizacional. 10. Giro comercial de una empresa gasera en Costa Rica.11. Organigrama de la Empresa. 12. Indicadores Estratégicos Perspectiva de Gestión de Recursos Humanos.13. Resultados de la autoevaluación de desempeño por departamento...
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...ZARA By Promode Gabriela Andrade Diego Farfán Cristina Neira Gabriela Muñoz SEARCH STAGE About INDITEX Industrias de Diseño Textil S.A (INDITEX) is a large Spanish corporation inside the fashion industry. This group is related with different companies that deal with activities involved in textile design, production and distribution. Amancio Ortega Gaona is the founder and chairman of INDITEX. INDITEX headquarters are located in Arteixo, a village in the province of La Coruña in Galicia, in the north west of Spain. It is there where almost all its merchandises are manufactured. With over 4,430 stores in around 73 countries, INDITEX owns brands like ZARA, Massimo Dutti, Bershka, Oysho, Pull and Bear, ZARA HOME, Kiddy’s Class (Skhuaban), Uterqüe and Stradivarius. These stores are mostly corporate-owned since franchises are only conceded in countries where corporate properties cannot be foreign-owned. Their management model, based on innovation and flexibility, and the company’s achievements, have placed INDITEX as one of the largest groups of fashion distribution. One of the strategies of INDITEX group is to understand fashion, creativity and quality design in order to provide an efficient answer to the demand of the market. This has allowed a fast international expansion and an excellent embracement of this proposal in all different brands that form part of the INDITEX group. About ZARA As mentioned before, ZARA forms part...
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...Principles of Managerial Finance Solution Lawrence J. Gitman PART 5 Short-Term Financial Decisions CHAPTERS IN THIS PART 14 Working Capital and Current Assets Management 15 Current Liabilities Management INTEGRATIVE CASE 5: CASA DE DISEÑO Find out more at www.kawsarbd1.weebly.com 372 Last saved and edited by Md.Kawsar Siddiqui Principles of Managerial Finance Solution Lawrence J. Gitman CHAPTER 14 Working Capital and Current Assets Management INSTRUCTOR’S RESOURCES Overview This chapter introduces the fundamentals and describes the interrelationship of net working capital, profitability, and risk in managing the firm's current asset accounts. The chapter then focuses on the management of three major current asset accounts⎯cash, accounts receivable and inventory. A brief discussion of general inventory management policies, international inventory management, and several specific inventory management techniques: ABC, economic order quantity (EOQ), reorder point, materials requirement planning (MRP), and just-in-time (JIT). The key aspects of accounts receivable management are discussed: credit policy, credit terms, and collection policy. The chapter also discusses the additional risk factors involved in managing international accounts receivable. Examples demonstrate the effect of changes in credit policy. Also discussed is the impact of changes in cash discounts PMF DISK This chapter's topics are not covered on the...
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...Territorios de diferencia: Lugar, movimientos, vida, redes Arturo Escobar Departamento de Antropología Universidad de Carolina del Norte, Chapel Hill Territorios de diferencia: Lugar, movimientos, vida, redes Arturo Escobar Departamento de Antropología Universidad de Carolina del Norte, Chapel Hill © Envión Editores 2010. © Del autor Primera edición en ingles: Duke University Press. 2008 Titulo original: Territories of Difference. Place, Movements, Life, Redes. Primera edición en español Envión editores octubre de 2010 Traducción: Eduardo Restrepo Arte de la cubierta: Parte superior basada en un grabado producido por el programa Gente Entintada y Parlante, Tumaco, a comienzos de los noventa. Parte inferior, basada en una ilustración tomada de Los sistemas productivos de la comunidad negra del río Valle, Bahía Solano, Chocó, por Carlos Tapia, Rocío Polanco, y Claudia Leal, 1997. Mapas: Claudia Leal y Santiago Muñoz, Departamento de Historia, Universidad de Los Andes, Bogotá Diseño y Digramación: Enrique Ocampo C. © Copy Left. Esta publicación puede ser reproducida total o parcialmente, siempre y cuando se cite fuente y sea utilizada con fines académicos y no lucrativos. Las opiniones expresadas son responsabilidad de los autores. ISBN: 978-958-99438-3-0 Impreso por Samava Impresiones, Popayán, Colombia. Contenido Prefacio Agradecimientos Introducción: regiones y lugares en la era global Lugares y regiones en la era de la globalidad...
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...Ángeles: de las tinieblas y de la luz GARY KINNAMAN Un Sello de Editorial Caribe Betania es un sello de Editorial Caribe © 1996 EDITORIAL CARIBE Una división de Thomas Nelson P.O. Box 141000 Nashville, TN 37217, U.S.A. Título del original en inglés: Angels Dark and Light © 1994 por Gary Kinnaman Publicado por Servant Publications ISBN: 0-88113-351-5 Traductora: Leticia Guardiola Reservados todos los derechos. Prohibida la reproducción total o parcial de esta obra sin la debida autorización de los editores. Dedicatoria A mi esposa Marilyn y a su mamá Irene Rope que se fue a morar con los ángeles Julio de 1991 Otro libro de Gary Kinnaman Y estas señales seguirán Contenido Prefacio Capítulo uno: Vidrio opaco: El enigma de la realidad Si el cielo está tan cerca, ¿por qué Dios parece tan distante? • Cuatro clases de encuentros cercanos Capítulo dos: La última palabra de Dios sobre los ángeles Términos usados en la Biblia para los ángeles • ¿Cuántos ángeles hay? • Organización angélica • Mi última palabra respecto a la última palabra de Dios acerca de los ángeles Capítulo tres: Cara a cara con los ángeles 1 Ángeles de casualidad • Opinión de un ángel: sobre alas y otras cosas Capítulo cuatro: A qué se dedican los ángeles buenos ¡Santo cielo, son ángeles! • Ocho tipos de trabajo angélico • Algunas cosas que los ángeles buenos no hacen Capítulo cinco: Su ángel personal Un poco en la historia • Un poco en la Biblia • Cuando los ángeles nos «fallan» • Los pequeños y sus ángeles • Los...
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...accident n accidente ago adv accidental adj accidental agree v accidentally adv accidentalmente accommodation alojamiento, espacio, plazas agreement n ahead adv n accompany v acompañar aid n, v according to según algo aim n, v prep account n, v cuenta, relato / considerar air n aircraft n accurate adj preciso airport n accurately adv con precisión alarm n, v accuse v acusar a alguien alarmed adj achieve v lograr alarming adj achievement n logro alcohol n acid n acido alcoholic adj, n acknowledge v reconocer/agradecer/enterarse alive adj all adj, pron, acquire v adquirir adv across adv, a través de / all right adj, prep adv, interj act n, v acto, ley / actuar allied adj action n acción allow v active adj activo actively adv activamente ally v, n activity n actividad almost adv actor, actress n actor alone adj, adv actual adj Exacto / verdadero along prep, adv actually adv en realidad, de hecho ad Ver anuncio advertisement alongside prep, adapt v adaptarse adv add v añadir aloud adv addition n incorporación, adquisición alphabet n additional adj address n, v...
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...fragmentar el mundo. Al parecer esto facilita las tareas complejas, pero sin saberlo pagamos un precio enorme. Ya no vemos las consecuencias de nuestros actos: perdemos nuestra sensación intrínseca de conexión con una totalidad más vasta. Cuando intentamos ver la “imagen general”, tratamos de ensamblar nuevamente los fragmentos, enumerar y organizar todas las piezas. Pero, como dice el físico David Bohm, esta tarea es fútil: es como ensamblar los fragmentos de un espejo roto para ver un reflejo fiel. Al cabo de un tiempo desistimos de tratar de ver la totalidad. Las herramientas e ideas presentadas en este libro están destinadas a destruir la ilusión de que el mundo está compuesto por fuerzas separadas y desconectadas. Cuando abandonamos esta ilusión podemos construir “organizaciones inteligentes”, organizaciones donde la gente expande continuamente su aptitud para crear los resultados que desea, donde se cultivan nuevos y expansivos patrones de pensamiento, donde la aspiración colectiva queda en libertad, y donde la gente continuamente aprende a aprender en conjunto. Como decía recientemente la revista Fortune: “ Olvide sus viejas y trilladas ideas acerca del liderazgo. La empresa de mayor éxito de la década del 90 será algo llamado organización inteligente”. Y Arie de Geus, jefe de planificación de Royal Dutch/Shell, ha declarado: “La capacidad de aprender con mayor rapidez que los competidores quizá sea la única ventaja competitiva sostenible”. Al crecer la interconexión en el mundo...
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...Inserción de Costa Rica en la Economía Mundial Los primeros 20 años en el Sistema Multilateral de Comercio Ministerio de Comercio Exterior de Costa Rica Enero, 2012 382.972.86 C8375i Costa Rica. Ministerio de Comercio Exterior Inserción de Costa Rica en la Economía Mundial: los primeros 20 años en el Sistema Multilateral de Comercio / Ministerio de Comercio Exterior.– 1. ed.– San José, C.R.: COMEX, 2012, enero. 278 p. ISBN: 978-9968-676-04-5 1. COSTA RICA - COMERCIO EXTERIOR 2. ECONOMÍA INTERNACIONAL. 3. POLÍTICA COMERCIAL. 4. SISTEMA COMERCIAL MULTILATERAL. I. Título INSERCIÓN DE COSTA RICA EN LA ECONOMÍA MUNDIAL Índice Prólogo PARTE I. Inserción de Costa Rica en la Economía Mundial. Proceso, Institucionalidad, Resultados y Retos Colaboradores y agradecimientos 1. 2. Introducción Evolución del proceso de inserción de Costa Rica en la economía mundial viii 1 4 10 15 16 20 23 30 40 40 42 43 45 46 47 49 50 52 53 56 57 59 61 61 64 64 67 71 74 84 85 95 96 100 103 103 109 109 vii 2.1 Primeros esfuerzos de promoción de exportaciones no tradicionales (1968-1983) 2.2 Nuevos esfuerzos en la promoción de las exportaciones no tradicionales (1984-2010) 2.2.1 Contratos de Exportación y Régimen de Admisión Temporal 2.2.2 Régimen de Zonas Francas 2.2.3 Apertura Unilateral 2.3 Negociaciones comerciales multilaterales 2.4 Negociaciones comerciales bilaterales 2.4.1 Tratado de Libre Comercio entre la República de Costa Rica y los Estados Unidos Mexicanos 2.4.2 Tratado de Libre...
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