...Weiheng Hsu MKTG 500 HBS CASE: THE COOP – MARKET RESEARCH 1. What is the size of the loss at the Coop? What could have been attributed to this loss? (Be thorough in your analysis) The average sales per restaurant is $775,000. The total stores amount is 76. The total retail sales is $775,000 x 76 = $58.9 million. 20 of The Coop’s 76 stores accounted for 32% of the retail sales, the amount is $58.9 million x 32% = $18,848,000. The average decline rate is 6% per store, the amount of the lose is $18,848,000 x 6% = $1,130,880. It is not uncommon that a business organization faces a sales slump, especially when the business organization reaches to the maximum level of its operational ability. In my opinion, the causes of a sales slump can be examined from inner factors and outside factors respectively. In terms of inner factors, according to Buckmeister’s examination, he found that the performance that below the kitchen’s standards may contribute to customer’s dissatisfaction. Inadequate trained staff can cause a bad customer service and low food quality. On the other hand, outside factors, such as competitors threat, is another reason that causes The Coop’s loss. For example, KFC, the dominant brand in chicken QSR, not only serves a quality food for its customer, but also lunches several special promotion events, for examples, valued-added premiums or tie-ins with sport events. 2. Analyze the dynamics between McMichael and Wallace. Are they looking in the...
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...HBS CASE: THE COOP – MARKET RESEARCH 1. What is the size of the loss at the Coop? What could have been attributed to this loss? (Be thorough in your analysis) I think that the company incurred a loss of 1.3 Million for the year 1995 (attached excel sheet that shows my calculations). The reasons that could have led to this lost were: * Decline in sales – 6% decrease in sales of 20 out of 76 stores * No proper sales strategy * No depth knowledge about the market or the competitors * No proper market segmentation – wide age of customers 18 -45 years male and female * Constant increase in the food, labor and contribution cost * Deteriorating the food quality by expanding the food menu * Change in customers taste with time * Less spending * No employee satisfaction * No. of units sold is the same but the revenue generated is lesser 2. Analyze the dynamics between McMichael and Wallace. Are they looking in the same direction? Why, why not? Anita McMichael and Trevor Wallace both recognize that The Coop needs to grow directionally by investing money in research to address the lack of quality and customer satisfaction issues. But both have a different approach to market research. McMichael believed that the underlying problem was to do with the operations, either customer service or food quality. Whereas, Wallace believed that the problem involved the company’s brand image and marketing activities. Hence, both are thinking and focusing...
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...1. Investors receive dividends as payoffs for investing in equity shares. Thus the value of a share should be calculated by discounting expected dividends. True or false? 2. Some analysts trumpet the saying “Cash is King.” They mean that cash is the primary fundamental that the equity analyst should focus on. Is cash king? Should a firm that has higher free cash flows have a higher value? 3. Information indicates that a firm will earn a return on common equity above its cost of equity capital in all years in the future, but its shares trade below book value. Those shares must be mispriced. True or false? 4. Jetform Corporation traded at a price-to-book ratio of 1.01 in May 1999. Its most recently reported ROCE was 10.1 percent, and it is deemed to have a required equity return of 10 percent. What is your best guess as to the ROCE expected for the next fiscal year? 5. Telesoft Corp. traded at a price-to-book ratio of 0.98 in May 1999 after reporting an ROCE of 52.2 percent. Does the market regard this ROCE as normal, unusually high, or unusually low? 6. A share trades at a price-to-book ratio of 0.7. An analyst who forecasts an ROCE of 12 percent each year in the future, and sets the required equity return at 10 percent, recommends a hold position. Does his recommendation agree with his forecast? 7. Explain why analysts’ forecasts of earnings-per-share growth typically underestimate the growth that an investor values if a firm pays dividends...
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..., .- Preface This guide has been designed to present the very basics in bookkeeping and cooperative financial statements. The format is designed for those that have limited bookkeeping or accounting experience. It is not meant to be all inclusive, but to provide guidance in developing the cooperative’s record keeping system and understanding financial statements. In most cooperatives, trained accountants will take care of the financial reports and more difficult accounts, such as depreciation expense. However, all board members should understand the bookkeeping functions and be able to interpret financial reports. By understanding all components of bookkeeping and the financial documents, the board will be better able to design an accounting system for their cooperative, maintain accurate bookkeeping records, and make prudent business decisions based on the financial reports. Practice exercises are included that should be completed after the sections on the daily journal and the general ledger and a final exercise at the end of the guideline. June 1998 Price: domestic45.00; foreign-$5.50 ~~- Contents Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The Accounting System ............................................... .l FinancialReporting ..................................................... The Balance Sheet . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ...
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...Progress report Introduction This report is my first progress report and I will briefly discuss and explain my assignments, task, projects and achievements that I am involved in during my coop period at Rashed Abdul Rahman Al-Rashed & Sons Company at HRIS department from the first to the eighth week. Here is the list of topics that I will be discussing in this report: 1- SQL Server 2- OFOQ ERP System (Time Management) 3- Project SQL Server From the first day of my coop, my supervisor gave me an SQL database and a Microsoft SQL course CD to practice SQL. It took me a week to refresh and to get back on the right path. Moreover, he also gave me a documentation that has all of the information about the joins between the tables, so I can fully understand how to generate meaningful reports to the management. The next two weeks were about maintaining the database and how to perform a periodical database backup as figure 1 illustrates. Figure [ 1 ] SQL Backup Job OFOQ Human Resource System (Time Management) The company have two ways to record the employee’s attendance. First, by using the gates that are near the elevators. Second, by using the finger scanner. Both ways have two distinct servers to record the attendance. I was fortunate enough to take charge of extracting the log files of attendance from both servers and then upload them to the HR system as a daily task Figure2. Sometimes, the employees forget to login in or logout and the system does not...
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...Feral Children By: Austin Arndt The video I choose to watch about feral children was about a boy named Sujit that was raised by chickens. He was raised by chickens because as a young child his parents became annoyed and frustrated with him so they locked him in the chicken coop for a lot of his childhood, because of this Sujit never learned any of the basic skills that we all know how to do like read, write, speak and other daily tasks. I think what Sujit’s parents did to him was terrible. I think that Sujit’s parents are terrible people for doing what they did to him. In the video they show Sujit when they first meet him. He cannot do anything or he can't understand anything that anyone is trying to tell him. Since he was raised by chickens he ate like a chicken and acted like a chicken, he even tried to speak with people the way chickens talk to each other. After they found Sujit they put him in a nursing home where they chained him up to a wall where he could only lay on his bed. I felt terrible for Sujit. No one tried to help him learn new things or how to talk. After a couple of years people took Sujit out of the nursing home where he was treated terrible and some very nice people brought him in where they devote almost every day to help Sujit learn basic skills that we use everyday. They are trying to teach him how to speak and read and write. He is making progress but since he learned the way of the chickens basically developed his brain they are pretty sure that...
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...Transcript 1. Cooperative Identity, Values, Principles, Governance and Best Practices and Gentle Balanced Leadership By: Josefina B. Bitonio Supervising CDS A Lecture – Presentation for the 4th PamBuhay Parents Council Congress November 2, 2013 DMMMSU, Agoo, La Union 2. Cooperative Identity Groups of individual around the world and throughout time have worked together in the pursuit of human goals. Example of cooperation, collective action can be traced back to our prehistoric predecessors who recognized the advantages of hunting, gathering, and living in groups rather than on their own. 3. The earliest cooperative associations were created in Europe and North America during the 17th and 18th centuries. The pioneers of the Rochdale society in the 19th century England are celebrated for launching the modern cooperative movement. 4. The historical development of cooperative businesses can not be disconnected from the social and economic forces that shaped them. Cooperatives, then and now were created in times and places of economic stress and pressing social problems. 5. Due to their democratic organization and their economic orientation ‐ cooperatives contribute significantly to social integration, job creation and the reduction of poverty. Cooperatives are thus stabilizing regional economic cycles and can generate regional employment. The United Nations general assembly declared 2012 as the international year of cooperatives and thus acknowledges their...
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...Premium Lamb Cooperative Sheep production is mostly found in southern Pennsylvania. The number of sheep and lambs has fluctuated over the years, as well as the main sources of revenue for producers. In the past, sheep were sought for their wool and meat, but the current wool market is weak because it is not used very often. Producers’ main source of revenue now comes from lamb; however, there is still a lack of a market. Pennsylvania has no large lamb slaughter facilities and the only nearest one is located in Michigan, which means producers have to either go to a smaller plant for custom slaughter or spend a large amount of money to transport the lamb to a larger plant. In New Holland, PA there is an auction market for live lambs, but the biggest competitors for lamb are producers in Australia and New Zealand. These producers sell frozen lamb in the United States market at competitive prices. Lamb was never usually a big part of the American diet, but since the country has become so diverse the lamb market has grown because its main consumers are among ethnic populations. Other lamb producers and I are contemplating forming a cooperative to market lambs. We are looking at three different options. We could consider combining our lambs and selling them live through the New Holland auction or a processing plant. Another idea is to buy or rent a slaughter facility to butcher our own lambs and use the co-op to market the meat to ethnic markets. Our last option is to create...
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...Part I: Group Development In the case study Building a Coalition, the development group for the after-school program is currently in the initial stage of group formation. This stage, Forming, is “characterized by much uncertainty” (275) and the approach to completing this stage will have a great effect on the outcome of the project. While The Woodson Foundation and the school district have committed themselves to initiating the program, they have yet to formalize their goals, procedures, or the members that will make up the development group. As such, they have a great deal of work ahead of them in order to begin the work that they will ultimately complete. This is a prime opportunity for them to utilize the stages of group development, thereby increasing the effectiveness of the group in doing so. One area of group development in particular that would assist the formation of an effective group is an understanding of status. There is potential for great amounts of conflict amongst the candidates given the diverse backgrounds of the group members. The textbook defines status as “a socially defined position or rank given to groups or group members by others” (285). As the group has not been formed yet, it would be difficult to accurately project the status each will have, but reviewing their current positions and opinions could allow for some foresight to be obtained. One aspect of status that could be seen as relevant is “the power a person wields over others” (285)...
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...ABOUT PHCCI is a cooperative financial organization owned, operated and controlled by its membership registered with the Cooperatives Development Authority (CDA). Its objective is to promote thrift and cultivate a sense of good financial management and stability among its members through systematic savings, wise use of credit and membership participation in the affairs of the credit coop. Unlike a bank, PHCCI serves only its members who share its profits. A bank, on the other hand, is owned by its stockholders who benefit from whatever profits the bank makes. Poverty - and - the extreme desire to improve the quality of life of common man were the compelling reasons for the Redemptorist Father to make the initial steps to establish a cooperative within the Redemptorist Parish. So, on February 16, 1969 with 33 incorporators and an initial share capital of P1,201.94 PHCCI was born. Since then, PHCCI has gone a long way in terms of bigness and financial soundness. From its inception to the present, its membership has increased many times over. Our Mission To maximize the utilization of the members’ resources through quality and timely service delivery embodying the ideals of cooperativism Our Vision A Leader in changing lives and bridging communities through cooperativism Our Objectives * To provide members with excellent services that are responsive to their needs * To ensure a feeling of security of members’ investments through transparency and good...
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...Objectives of Case The company chicken coop , a quick service restaurant , had been growing by about 10% per year, even when the industry growth rate is just 5% per year but in 1995, for the first time , sales were down in 20 The Coop’s stores. To find out the reason behind this underperformance, two top managers of the Coop had suggested systematic market research for better quality and customer service. His managers suggested market research techniques like Quality Inspection Program, Controlled taste tests. Also Brand Image Monitoring Survey and Customer Experience Study were some of the method suggested by Trevor Wallace, vice president of Marketing. The objective of case is to decide which course of action Daryl Buckmeister , CEO of the company , should take? Whether he should put large investment in market research? Which of these proposed programs he should implement? Major Marketing Problem The Coop’s had always given preference to food items to create value priced meal. After little investigation Buckmeister came to know about degradation of performance standards in some of the kitchen. Also he found out some of the stuffs were not trained properly. Few of the customers also were dissatisfied with the food price of the Coop and they feel its food items are overpriced than the food price of their competitors. Another area of investigation was The Coop’s marketing spending. Although according to CEO, The Coop’s share of voice was comparable to that of KFC but...
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...Dow Instructor: Taylor Name: Allison Dow English 101 The Art and Joy in Raising Backyard Chickens Many people don’t know how easy and inexpensive it is to raise backyard chickens? This essay will go over choosing the correct chicken for the buyers climate, how to care and feed the chickens from chick to egg layer, the coop size the buyer will need for the amount of birds and the protection required from predators, and finally what to expect from the chickens once they are egg layers. Most people think all chickens are the same, well that would be incorrect. Most backyard chickens are dual purpose breeds but very rarely are they used for meat birds. A few chickens for different environments are, for those that live in area that get really cold in the winter the Black Jersey Giant is not a wise choice, they prefer a warmer climate to live in. Say the buyer lives in a very cold climate well the perfect bird to choose would be any type of Wyandotte chicken. These birds are very cold hardy and will continue to lay eggs during extremely cold months. There are also birds that can live in eitherType to enter text Type to enter text very hot climates or very cold climates. One type of bird that can live in these environments are any breed type of the Orpington. Once the buyer chooses the correct bird for there area the buyer will need to know how to care for them from chick to egg laying hen. A good temperature for chicks as what Jenna Woginrich wrote...
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...To review: > the tax exemption provisions of COOP Code vis-à-vis the NIRC and the LGC; and > the COOP BIR compliance requirements. To present and clarify > recent tax rulings, RR and court decisions > problem areas affecting COOPs AIT “Learning through Quality Training” Presentation Outline Part I Review 1) Legal Bases of Exemptions 2) Classification of Coops 3) Tax Exemption/taxability of Coops 4) Taxability of COOP Members & Directors Part II Recent Development 1) CTA Decisions: Final Tax on Interest 2) RMC 34-2008 on Director’s fees 3) RR14-2007 on Microfinancing 3) BIR ruling on CTE AIT “Learning through Quality Training” Legal Bases of Exemptions AIT “Learning through Quality Training” Legal Bases of Exemptions 1. Cooperative Code of the Philippines Article 61 Article 62 2. Bureau of Internal Revenue Section 109 of NIRC RR No. 20-2001 3. Local Government Code of 1991 Section 133 Section 234 AIT “Learning through Quality Training” Article 61 and 62, RA 6938 apply to Art 61 Coops transacting with members only Art 62(1) Coops transacting with members and non-members with Reserves of P10M & below Art 62(2) Coops transacting with members and non-members with Reserves of over P10M AIT “Learning through Quality Training” Local Government Code Section 133(n) exempts all duly registered COOPs from taxes, fees and charges Section 234(d) exempts from real property taxes all real property owned by duly registered COOPs AIT “Learning through Quality Training” Local...
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... “The Daisy” Chicken Coop Plan Property of CleanCoops.com Page 1 of 41 Daisy Plan (4’ x 8’) www.CleanCoops.com INTRODUCTION When designing our Daisy Coop Plan we designed it with the following features and criteria in mind: MAXIMIZING FLOOR SPACE / QUANTITY – This coop will house up to 12 laying hens comfortably. We have designed plenty of space for roosting, nesting and roaming. CLEANLINESS / EASY TO MAINTAIN – We have designed it in such a way that it is easy to maintain, requiring only occasional cleaning that can be done VERY quickly and easily. All corners of the coop can be reached for cleaning without bending over or going inside. ATTRACTIVENESS – As you can see from some of the included photos, we have designed and built a coop that actually adds to the aesthetics of your property! Your friends and neighbors will appreciate and adore your new coop while adding charm and character to your landscape. QUALITY – This is a sturdy, solid, long lasting and quality design. You want your work to last for years to come. You don’t want to build something that you will have to constantly fix and repair. Our durable design will withstand the elements of your climate. PROTECTION FROM PREDATORS – The entire coop was designed keeping in mind that there are critters out there that would like to get to your chickens. This design is virtually critter-proof! COMFORTABLE CHICKENS – This design will keep the inside of the coop dry from the rain or ...
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...needs. It is an extremely useful tool because it flexible and adaptable. It can be scaled up or down and be used for man-made or natural disasters. Probably the most important aspect of the United States Emergency management System has bee the development and requirement of the Continuity of Operations Plan (COOP) (United States: Department of Homeland Security, 2008). According to the video posted by the...
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