...Micro Chip Computer Corporation Natasha Shoaf American Intercontinental University Micro Chip Computer Corporation In 2004 the sales were 11,062 the growth was 0. In 2005 the sales were 11,933 and the growth was 7.87%. In 2006 sales were 9,181 and the growth was -23.06%. In 2007 the sales were 6,141 and the growth rate for this year was -33.11%. In 2008 sales were 8,334 and the growth rate was 35.71%. The target figure is 10% more than the 2008 sales price of $8,334. I don’t think the company will likely be able to make their sales goal. There was a significant growth rate that happened in 2008. It happened again the previous 3 years in 2005. It was negative in 2006 and 2007. With this being said the trend of sales is still downward. I found that the average growth is -3.5%. After looking at the data presented Micro Chip will not be able to increase its sales by 10% in the year 2009. Since Micro Chips sales were only 8,334, next year shows sales as 20% more than that figure; which is 10,000. Sales for Micro chip were 8,334 and it was estimated at 10,000. Cost of sales was 5,458 the percent of sales was 65.5%, and the estimate was 6,550. Gross margin was 2,876, percent of sales was 34.5% and the estimate was 3,450. R&D was 525, the percent of sales was 6.3% and the estimate was 630. S,G, and A is 691, percent of sales is 8.3%, and the estimate is 830. Total Operating expense was 1,216 and estimate...
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...NYSE VS. NASDAQ By: Lavoy Freeman Financial Management Individual Project 1 Many people may make millions or lose everything they have by buying and selling stocks on exchange markets. The two most familiar exchanges are NYSE and NASDAQ. The New York Stock Exchange is a Euro-American national security exchange that operates multiple security exchanges. It maintains a leading position in global exchange products market. In 2011, NYSE-Euronext led the market in Exchange Traded Products with more than 450 new ETN listed. The market’s impressive growth has been a success from their rests of structuring nearly 85% of their leading venue for Exchange Traded Funds, Exchange Traded Notes, Exchange Traded Vehicles, and Warrant and Certificate trading. The product offering of the marketplace gives investors access of regulated listings as well as fast and innovative tools to quickly convert assets to cash. The trade of equities, futures, options, fixed-income and exchange-traded products comes from the company’s exchanges in Europe and the United States. NYSE Liffe is a derivative business operated by NYSE-Euronext, which offers comprehensive commercial technology along with connectivity, market data products and services. (NYSE-Euronext) NASADAQ is known as an American stock exchange market, which originally stands for National Association of Securities Dealers Automated Quotations. Other than NYSE, NASDAQ is the second-largest stock exchange by market capitalization...
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...March 14, 2016 Mrs. Susan A. Smith 5619 Bordley Houston, Texas 77056 Mrs. Amy A. Strunk 32230 Mayer Road Waller, Texas 77484 RSM US LLP constantly strives to pursue client advocacy with professional integrity. As advocates for our clients, we have a responsibility to diligently seek to advance our clients’ positions, as long as those positions and our efforts are consistent with standards set by law and other applicable professional standards. Part of our responsibility to you is to fully disclose any situation that may affect our ability to adequately represent you. We have been engaged by Mrs. Susan A. Smith to review, advise and consult on the various tax aspects of different reorganization options regarding her ownership in KSA Industries, Inc. and its underlying investments including its investment in the Tennessee Titans. It is possible that our advice could be more or less beneficial from a tax perspective to one shareholder vs another shareholder. After carefully considering all the facts and circumstances, we believe that our firm can continue to represent all the affected parties in accordance with our professional responsibilities and the terms of our arrangement letter(s). We wish to make you aware of certain considerations relating to this representation and rules governing tax practitioners require that we obtain a signed waiver of any potential conflict of interest that may arise as a result of our representation described above. Please carefully...
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...after the fact was a huge let down for customers. Customers expect that if a company finds a problem with their products that they inform them about it and provide a fix to the problem. Intel finally announces in December of 1994, that there would be a total recall, replacement, and destruction of all of the flawed processors. Something that should have happened months before. Finally, they have done right. Intel commits to purchase of all chips produced through the end of the year in January 1995. Intel sets aside 420 million dollars to cover costs of replacing all flawed processors upon request in mid-December 1994. If a flaw of this nature happened again today, with the economy as it is and they acted as they did back in 1994. Intel would more than likely be looking for a way to run. Today, Intel has competition that could very well take Intel customers. The only thing Intel may have to hold them up is a government bail. The only reason that would happen is because Intel produces a major amount of government computers have a chip made by...
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...Unit 5 Analysis 1: Pentium Flaw In the summer of 1994, Intel discovered the Pentium Flaw. Once discovered they decided that their chips did not need to be recalled because the chance of the average user finding out about the error was 1 in 9 billion. Thomas Nicely, a professor at Lynchburg College in Virginia, made the error public. He had sent an e-mail to several colleagues. Nicely was using a few computers to compute mathematical problems. He wanted to prove they had enough power to do so. I feel Intel did not handle the problem professionally at all. While Intel knew that there was a flaw in the chip, they continued to send out a defective product. Regardless of who might discover the error, they should have recalled the chip to have them replaced. By deciding to send out the flawed processor, this probably helped the company as well. Before this mistake, not many people were aware of Intel. After months of research, Intel finally decided to recall the chip. Thomas Nicely had then run over a quadrillion calculations on a revised chip and was unsuccessful of reproducing the error. I am unsure of the outcome if a similar flaw like this were to happen today. With the help of social media and the internet, word of any flaw or error today would spread like wildfire. The old rule of thumb is 1 tells 10, well now it's more akin to 1 tells 10,000. I believe that if a homogeneous situation were to occur it would be handled expeditiously and promptly. I’m sure Intel has new policies...
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...Professor Thomas Nicely discovered the “Pentium Flaw” June 1994. Basically Thomas was adding a Pentium system to some computers when he noticed some calculations were wrong. He then contacted Intel and told them about the problem. Ironically the person he contacted at Intel already knew about the problem but never said anything. He then contacted people to see if they were also having the same problem. After a couple days Thomas wasn’t the only person who realized there was a problem. People around the world who had access to the Internet found this out. The diversion result from Pentium was off by sixty-one parts per million. Intel then was forced to tell people about this hiccup but said that it was of little importance and that it wouldn’t affect most people in a big way. Even though this was most likely true it made everyone feel like they messed up and nobody wants something that doesn’t work how it’s supposed to even if it’s off a little. Intel then felt the need to tell customers that if their Pentium chip was flawed in any way they would replace it with Pentium chips that were flawless. Not a lot of people even bothered to replace their chips at all. In, 1995 Intel had to pay $475 million because of the flawed processors. My opinion on the “Pentium Flaw” is that it is a complete outrage. Everyone always wants the best of the best and if it has a flaw people tend to keep away from it. If the new IPhone came out the same day as the new Galaxy S3 and there...
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...CASE STUDY: Chipping Away at Intel General Environment 1. Social Important as a semiconductor business, provided as the biggest chip maker in the industry. Intel’s mindset is toward better customer relations and away from perspective of being the only real competition in the marketplace. 2. Technological Concerned with chip making for PCs but then went beyond it into the production of information and communication appliances as well as providing services related to the Internet. Barrett created a new wireless unit that combined new acquisitions such as DSP Communications Inc. ( a chipset supplier for digital communications) with Intel’s memory operations. 3. Economic Affected by Septemeber 11, 2001 and needed to withdraw investments in new markets (production of network servers and routers and e-commerce service for small businesses) due to direct result of the downturn in economic condition. Intel’s shares also suffered. At $26, were down to 60 pecent compared to their highest over the previous years and get worse after the downturn and fell further to $20 by October. 4. Ecological Not being mentioned in the case. 5. Political Operates on a global basis and so be attuned to different governmental and country requirements in its distribution and sales. The manufacturing plant in Hamburg, Germany suggests an important political dependency that must be monitored. Task Environment...
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...Future Statement For this report I am to write of a technology that I could see evolving in the near future and so the technology I could possibly see becoming widespread is micro chip implantation , able to store, transmit, and capture data in real time with other chips or servers like using your identification or even a debit card to even a hand held gps unit and compacting it all into a chip the size of a eraser and implanting it into a humans limb now this by its self is amazing but then the limitations grow exponentially. The first impact this could have would be with Society. Now Society as a whole might clash with this concept at first due to some fundamental human traits such as invasion of privacy, This chip if left unchecked could function the same as a gps unit and give someone the ability to track individuals making such things as missing person’s would be much easier to find. The second impact would be Economy. This could change everything we know about current banking practices by allowing your banking information to implanted on this micro chip and injected in to yourself so that instead of swiping a card your data is automatically registered and updated with your actual bank to route funds and make payments and deposits. The third and final impact I could foresee is Politics. Now imagine a world where your personal and life data is stored on your body and can be accessed there would surely be very little information that could not be accessed either by...
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...2014 The Pentium Flaw In 1994 Professor Thomas Nicely noticed some inconsistencies in his mathematics calculations. Found after he added a Pentium System to his computer group. Upon Further inspections and calculations, he contacted Intel with his results. Intel denied that there was a problem with their chips. When it became clear that their chips were flawed, and the accusations were true. Intel changed its policy, admitting that their chips were indeed defective. Intel agreed to replace the defective chips for free, but only if the uses could demonstrate that they needed and unflawed chip. In the fall of 1994, IBM decided to halt all shipments on their Pentium based computers. After they discovered the Flaw during their testing. Intel finally agreed to replace the flawed microprocessors for anyone who asked for a replacement. Because Intel new about the Flawed chips before it surface in the press. They had already corrected the problem on another version. Intel continued to sell the Flawed chips, and had planned to continue its bad practices until the bad chips were exhausted. In doing this Intel had to write off 475 million dollars to solve the problem, when they could have corrected it from the beginning. Intel has learned from their mistake and now feel that flawed chips should be replaced before and upon request, no matter how insignificant the problem seems to be. If the same flaw was to happen in a new CPU today, I think especially...
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...SOUTHERN NEW HAMPSHIRE UNIVERSITY |Graduate School of Business | | | | |Program: |SNHU School of Business Graduate Program | |Course Title : |Marketing Strategies – MKT 500 | |Instructor: |Jeannemarie Thorpe | |Due Date: |Monday, January 26, 2004 | |Submission Date: |Monday, January 26, 2004 | |Type of Assignment: |Case Analysis (Final Review) | |Title of Assignment: |Frito-Lay’s Dips – 3rd Case Study (Selection of Best Alternative) | |Student Name: |Cevdet KIZIL | | ...
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...Introduction According to snack food folklore, legends, myths and/or old wives tales, (maybe even truth), the potato chip was invented out of anger in 1853 by a chef named George Crum at a restaurant called Moon’s Lake House in Saratoga Spring, New York when a patron returned his french fried potatoes to the kitchen complaining that they were too thick. So Mr. Crum did the exact opposite by cutting and frying thinly sliced potatoes. The customer was ecstatic over the wafer sized and crisp fries. Instead of failure, this bold reaction by Mr. Crum backfired and the potato chip was born. Piecing together how the popularity of the potato chip spread from humble beginnings (being prepared in someone’s kitchen, sold from the back of a dilapidated truck or delivered immediately to stores and restaurants (shelf life was nil) to modern day 20th century industrialized, mass-producing, computerized “potato chip manufacturing” is difficult (your guess is as good as mine). However, one thing for certain is…as the Frito Lay commercial says…”betcha just can’t eat one”. Product Profile: Let’s examine this product (potato chips). Today’s product is made from farm-fresh potatoes delivered daily to manufacturing plants. The sources vary from season to season. Keeping this in mind, during winter, potato chip manufacturers depend on their stored supplies. Stored potatoes are kept at a constant temperature between 40-45 degrees Farenheit and moved to a reconditioning room that is heated...
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...Marketing Mix Based on the information gathered from the UK data, carrying out a relative study on the internal analysis of Kettle brand of potato chips is necessary. This analysis will give a further insight into their portfolio and performance and the steps taken to achieve their goals and objectives. As there is much more to marketing than just advertising, “Marketing Mix” refers to a combination of many elements that a company can use to market its product. It essentially looks at everything an organization can do to ensure success in marketing of its product to consumers. The marketing mix is designated by the common phrase penned by Jerome McCarthy (1960) as, “The 4 P’s of Marketing.” The 4 main “P’s” are Product, Price, Place, and Promotion. They are the foundation to the marketing mix. However, in this day and age the marketing mix has extended to 3 more P’s. They are People, Process, and Physical Evidence (Packaging). Positioning is also sometimes known as one of the P’s in the marketing mix. According to Mullins et al (2005:201), it is the perception of a product by a consumer, relative to their needs and competing products and how the company in charge of this product, aims to achieve this mindset [pic] Figure 1: Adapted [online] The Times 100 business case study (A Mcdonald’s Restaurants Case study) As seen in Figure 1 above, all four components which are inextricably interrelated, features potentially infinite...
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...increase the desirability of certain foods. One of these specialists is Howard Moscowitz, a Harvard graduate with a degree in Experimental Psychology (Andrzejczyk 375). Moscowitz’s main goal is getting certain foods to their maximum “optimization” and “bliss point”” (Andrzejczyk 375). The “bliss point” of a food is the best version of itself. This bliss point is normally the culprit for fast food addiction. It gets you to the point where you need to eat more because it tastes so good. Potato chips are deemed as the “perfect junk food” (Andrzejczyk 375 . However one of the biggest issues, associated with potato chips, was people deemed them unhealthy. In 1957, potato chip sales were dropping off. Ernest Dichter, a psychologist, found that the reason for this drop off was that people felt guilty eating potato chips because of how unhealthy they are. With this, Frito Lay started reducing the sizes of potato chip bags and changed the term “fried” to “toasted” (Andrzejczyk 375). Potato chip companies also created a variety of flavors to appeal to more people. Cheetos has altered their product to make people eat more. They have come up with something called “Vanishing...
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...ACCURATE INSTITUTE OF MANAGEMENT AND TECHNOLOGY SUBMITTED TO: SUBMITTED BY: Prof. Mukesh Sehrawat KARAN WALIA AIMT DM13151035 ABSTRACT The first and foremost reason of taking up this project was the great growth shown by Bingo chips even after the presence of well established competitors such as Pepsi Co. What I have tried to understand in this research is the satisfaction level and the preference of consumers towards Bingo chips introduced by ITC. I even intend to study the most popular flavor of Bingo chips in the market amongst the sample chosen. Wafer and Snack industry are a very minor part of the food processing industry as the snack sector is largely unorganized. For this a survey was conducted in GREATER NOIDA where respondents were asked to fill a questionnaire The data was collected and analyzed to obtain conclusions This report carries an introduction of the company profile, detail of the methodology followed detailed data analysis and the results so obtained with the variety of graphs along with given. Table of contents S.No | TOPICS | 1. | Acknowledgement | 2. | Overview about the snack industry | 3. | SWOT analysis of snack industry | 4. | Company Profile...
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...Wonks Potato Chip Industry Misti Hubbard ECO204: Principles of Microeconomics Instructor: Susan Didriksen Friday, August 03, 2012 In this essay I will be covering the benefits of the new monopoly, and the changes which will occur in price and output of the product in this particular type of market structure; and market structure that will most benefit the Wonks potato chip industry. The potato chip industry in the northwest was running in competitive equilibrium in 2007. In 2008 two lawyers quietly bought all the firms and created a monopolistic company called “Wonks” in order for Wonks to operate efficiently, Wonk’s had to hire a management consulting firm which then estimated a different long-run competitive equilibrium. Economist divided the market conditions into four major categories: (1) monopoly, (2) pure competition, (3) monopolistic competitive, (4) oligopoly. In a monopoly, a single business or company supplies a product and or service for which buyers cannot find a substitute. A Monopoly may arise when one company can supply a given commodity more cheaply than two more companies can. Our textbook defines a monopoly as “an industry composed of only once firm that produces a product for which there are no close substitutes and in which significant barriers exist to prevent new firms from entering the industry” (Case, 2009). By purchasing all firms involved with the potato chip industry the two lawyers have created a pure monopoly. A pure monopoly...
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