...just signed a new client, Legal Plan Services, Inc. In order to acquaint yourself and the firm with the accounting procedures used at Legal Plan Services, your manager has asked you to review, assess, and make any necessary recommendations about the revenue and expense recognition currently used and assess the appropriateness of the associated presentation in the financial statements for Legal Plan Services. Company Information Legal Plan Services, Inc is a company that designs, underwrites, and markets legal services plans, called memberships. In essence, the plan allows the purchaser to use legal services of associated law firms for most types of civil lawsuits. The plans are sold through a network of independent contractor sales associates. Legal Plan Services sells their plans throughout the United States and in several Canadian provinces. In fiscal year 2000, Legal Plan Services achieved the following financial results: 1. They passed the one million family membership level 2. The number of memberships grew by 35%, an increase achieved in all years since 1993 3. Cash flow from operations increased 25% 4. Revenues increased by over 28% 5. Membership persistency is 71.1% In the president’s letter, Harland Rockwriter states, “Our members win because, in most cases, our members are the largest client our provider law firms have. Our members win because our home office provides real-time, continuous monitoring of the service levels our members receive...
Words: 1521 - Pages: 7
...Home to You Mobile Legal Services, Inc. Marketing Plan Marketing 500 Marketing Management Write an introduction to your company. Describe your company, its location and the product it makes or the service it provides. My company is called Home to You Legal Services, Inc. My company is devised of four (4) full-time attorneys, four (4) paralegals, four (4) administrative assistants and two (2) couriers. We are based in Atlanta, Georgia. We offer legal documentation preparation and filing services including wills, incorporations, notary, advance directives, title transfers, etc. We are a mobile agency and therefore meet with clients in their homes. We strive to offer our clients complete convenience and take the hassle out of traveling to our law office by bringing our services to them. We meet our clients where they are most comfortable, in their own homes. We cater to the baby-boom and older generations, a portion of the population that may not be as computer and internet savvy as the younger sect. Develop an environmental analysis that includes competitive, economic, political, legal, technological and sociocultural forces. The threat of competition is a challenge any business must continually face. “Competitors can enter from any industry, channel, function, form or marketing activity.” (Definition of 5 Forces Analysis Of The Environment) The best way a company can head off competition is by monitoring advertising efforts by its rivals. This can include reviewing...
Words: 1394 - Pages: 6
...Memorandum Macro- and Micro- Economic Factors and Legal Considerations That may influence ABC Complete Kitchen Inc., SKS5000-8 Comprehension Strategic Knowledge Studies Mohamed Benhalla October 26th, 2014 Professor Karl LIyod Memorandum To: ABC Completes Kitchen, Inc. From: Mohamed Benhalla Date: October 26th, 2014 Subject: Micro- and micro- economic factors and legal considerations Firms operate their business in climate of dynamic business environment and ongoing process, which is not steady due to many factors that influence their operational activities of business. The economics factors, and legal factors are among the very important factors that affect the economy as in the whole and the business in particular. To operate a business successfully in the dynamic environment and to follow the changes of the market, the broad of directors of ABC Complete Kitchens, Inc., should include economic and legal consideration in operations plan, to have reliable market conditions and avoid the product liability. However, the economic factors can be described as the external or internal factors that impact the financial status of the business such as labor costs, taxation, and interest rate etc. Where in the other hand, legal factors are the laws and rules that regulate the business to behave in the right way such organizational law, employment law, contract law, and securities law etc. This memorandum will describe and a will analyze the macro- and micro-...
Words: 2141 - Pages: 9
...in the design and manufacturing of plastic injection molding. Riordan is renowned for its excellence in the research and development of innovative plastic designs and products (i.e. plastic bottles, fans, heart valves, medical stents and custom plastic parts). With its state-of-the art design capabilities, Riordan distinguishes itself by striving to achieve and set the standard by which other plastics manufacturing companies are modeled (Apollo Group, Inc., 2004). Capitalizing upon its reputation as a world-class solution provider, Riordan applies Six Sigma principles and ISO 9000 standards to ensure they are supplying their customers with the highest quality solutions possible. Riordan’s goal is to maintain long-term relationships with its customers and make this relationship non-challenging and profitable for all concerned. In addition to Riordan’s customer focus approach to conducting business, Riordan also works hard to provide an innovative and team-oriented work place in which its employees can thrive (Apollo Group, Inc., 2006). Riordan Manufacturing, founded by Dr. Michael Riordan, employs a diverse workforce of 550 employees throughout four worldwide locations which include, Riordan’s Corporate Headquarters located in San Jose, CA whose primary focus is research and development of next generation heart valves, medical stents and complementary medical devices; a plastics manufacturing plant in Albany, GA whose specialty is standard and customer-unique plastic bottles;...
Words: 2819 - Pages: 12
...MEMORANDUM To: Forward Style Inc. Management Team From: Jennifer Winter, Human Resource Management Subject: Evaluation of Rewards Program Date: August 27, 2010 Forward Style Inc. is a marketing company with 65 employees. The following memo provides an evaluation of the organization’s current rewards program. Some benefits are mandated by law. Other benefits, although not mandated by law, are subject to government regulations. The evaluation addresses legal requirements and how the offered rewards affect the organization’s ability to retract and retain key employees. Social Insurance Social Security benefits, mandated by law, are financed by both the employer and employee. Employer’s payroll tax equals 6.2% and employees’ equals 4.2% through 2012 (IRS, 2012). The maximum taxable earnings amount is $110,100. The Medicare tax rate is 1.45% for both employers and employees. There is no limitation for taxable earnings on Medicare taxes. Because mandated by law, Forward Style Inc. does not have influence in design of this benefit. Unemployment Insurance also mandated by law is financed by federal and state taxes on employers. The Federal Unemployment Tax (FUTA) rate for 2012 is 6% on the first $7,000 of each employee’s wages. Employers may claim a credit against their FUTA tax for contributions paid under state statutes, up to 5.4% of wages paid. New Mexico’s wages subject to tax is up to $22,400. The minimum rate is 0.05% to 5.4% in 2012 (Tax Policy Center, 2012)...
Words: 1161 - Pages: 5
...Enhancing the Marketing Plan The company’s competitors, and the strengths and weaknesses of each (SWOT) Competition in health care industry gains the clients since it assist maintain costs, enhance quality, and promote innovation. However, how to contain an organization in the fast growing industry is a complex task to the partners and members in the field. HealthCare Express for instance, find, it hard to keep track of operations, especially in this industry where changes in products needs legal approval; thus competition is very stiff because products and services are almost presented in the same way. The main competitor for HealthCare Express is Patient First, Inc. This organization, just like Healthcare Express has deepened its roots to offer services such as providing urgent care, daytime, evenings, weekends, holidays, after doctor’s office hour’s convenient and affordable medical services for clients varying from newborns to geriatrics, and respiratory therapy services. These specialized fields act as the backbone of the Patient First, Inc. where its strengths lie, as compared to other organizations. Since the Healthcare Express also has, some of this specialized in house services, Patient First, Inc. gives it tough competition, and clients have to choose between these two competitors when deciding on most of the services and products (Stewart & Hirsch, 2011).. The other strengths for Patient First, Inc. is that the company is dedicated to offering quick, personalized...
Words: 1702 - Pages: 7
...XYZ Construction Inc. to would like to use Milligans’s consultant firm to create a marketing plan; they must first would need to know the steps to developing a successful plan. According to Buttell A.E. (2009), there are four steps to an effective marketing plan. Step 1 – Build an executive summary targeting the company’s specialty/product and the company’s strengths. For example, XYZ Construction Inc. is a successful construction company that is currently privately owned and was created in the 1950’s by the Berket family. The company performs road, airfields and bridges contractions in eleven states. XYZ Constructions obtains their procurement through government funds such as Bids, grants and contracts. Then conduct a Situation Analysis which would include information such as; the company is based out of Denver Colorado and has 16 different offices across the Country. The company has over 2,000 employees during off peak season and twice as much during construction season. The labor force is made up of heavy and light equipment operators, civil engineers and project managers, administrative staff in the headquarters facility, along with support staff in each of the other 16 locations across 11 states. The company performs horizontal contract work which means the company is not distracted by having to introduce innovative technologies, materials, systems and processes so as to keep up with the trends and their other competitors. This company’s motivation is directed to being...
Words: 2018 - Pages: 9
...grade for the work submitted or for the entire course, and may result in academic dismissal. | | SKS7000-8 | Xui Bai | | | Foundations for Doctoral Study in Business | Assignment #7 | | | <Add Learner comments here> ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Faculty Use Only ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- <Faculty Name> <Grade Earned> <Writing Score> <Date Graded> Running Head: STRATEGIC PLAN Strategic Plan Chandra Taylor SKS7000-8 Doctoral Comprehensive Strategic Knowledge Studies Professor Xui Bai December 17, 2012...
Words: 2589 - Pages: 11
...2013 Management Planning History One of the world’s leading innovators in athletic products is Nike, Inc. It is popular for its athletic footwear, equipment, accessories and apparel. Nike’s mission: “To bring inspiration and innovation to every athlete* in the world” (Nike, Inc., 2011). Two visionary men, by the names of Bill Bowerman (Nike’s co-founder) and Philip H. Knight (Chairman of the Board of Directors), set out to revolutionize athletic footwear which later redefined the industry. Bowerman and Knight were first a partnership under the name, Blue Ribbon Sport. The goal of Nike, Inc. was to distribute Japanese quality shoes at a low-cost to America. As of 2000, over 40% of Nike’s sales come from athletic apparel, sports equipment, and subsidiary ventures. It dominates the athletic footwear industry in the global market share by 33%. It has over 20,000 retailers that includes Nike factory stores, Nike stores, NikeTowns, Cole Haan stores, as well as its internet-based Web sites (Enderle, Hirsch, Micka, Saving, Shah, & Szerwinski, 2000) . Planning Functions Considering the mass size of Nike’s organization, maintaining traditional and non-traditional distribution channels are controlled by its planning functions. Management directors and independent directors (Enderle, Hirsch, Saving, Shah, & Szerwinski, 2000). In this study, it analyzes the influence of legal issues, ethical climate, and corporate social philanthropic responsibilities. It also includes three factors...
Words: 1118 - Pages: 5
...currently unionized is AT&T Inc. AT&T Inc. AT&T Inc. (formerly SBC Communications) is one of the largest telecommunications groups in the United States. It is engaged in providing telecommunication services to its customers, predominantly in the US. The company provides both wire line and wireless-based telecommunication services. The company’s service offerings include local exchange services, data/broadband and Internet services, and long-distance services. In addition, the company also offers video services, telecommunications equipment, managed networking, wholesale services and directory advertising and publishing. It offers TV services under the U-verse brand. AT&T provides voice coverage in over 220 nations, data roaming in over 190 countries, and 3G in over 125 countries. The company is also the major provider of broadband connectivity with over than 17.46 million subscribers in the US. For more than a century, it has consistently provided innovative, reliable, high-quality products and services and excellent customer care. Today, its mission is to connect people with their world, everywhere they live and work, and do it better than anyone else. AT&T is fulfilling this vision by creating new solutions for consumers and businesses and by driving innovation in the communications and entertainment industry. AT&T is recognized as one of the leading worldwide providers of IP-based communications services to businesses. We also...
Words: 2547 - Pages: 11
...Legal Focus Kudler Fine Foods is a specialty food store created by Kathy Kudler (Apollo Group Inc., 2013). After reviewing Kudler Fine Foods’ information, it has been determined that their legal procedures are severely lacking in preparation for legal action. The thought process behind the current legal plan is to be reactive which only helps after an issue has occurred. The information systems team is formulating a plan to update policies and procedures as well as best practices to be both proactive and reactive when it comes to possible litigation against Kudler Fine Foods. Current Legal Plan As it stands, Kathy Kudler is the only person who is to talk to Kudler Fine Foods’ legal counsel, Anne Shousha. Shousha’s view on going to court is that it is like throwing dice, therefore she recommends settlements instead (Apollo Group Inc., 2013). There is a chain of events to follow within the stores for regular incidents that occur such as slips and falls. This chain begins with employees notifying store managers of the incident. At that point, the store manager determines whether or not Kathy Kudler should be notified of the event. Following Kathy’s notification, she determines whether or not the store’s legal counsel should be notified (Apollo Group Inc., 2013). Based on the current system, the legal counsel would then recommend to Kathy that she settles with the customer rather than go to court. This approach is a very poor way of protecting a business. The goal for Kudler...
Words: 1126 - Pages: 5
...APLNG Project HSEMP Plan AUSTRALIA PACIFIC LNG HEALTH, SAFETY, AND ENVIRONMENTAL MANAGEMENT PLAN (HSEMP) Electronic documents, once printed, are uncontrolled and may become outdated. Refer to the electronic document management system (EDMS) for the current revision. Bechtel Confidential © Bechtel Oil, Gas and Chemicals, Inc. 2011. All rights reserved. This document contains information that is confidential and proprietary to Bechtel or its affiliates, clients or suppliers, and may not be used, reproduced or disclosed without Bechtel’s prior written permission. 0 5/21/11 A Issue for Use Issued for Review REV DATE RSB CM BS REASON FOR REVISION BY CK’D APPR BECHTEL Client Acceptance JOB NO. 25509 OG&C, INC. Document Number Revision 25509-100-GPP-GHX-00001 0 AUSTRALIA PACIFIC LNG PROJECT Client Doc No.: Page 1 of 82 Bechtel Confidential. © 2011 Bechtel Oil, Gas and Chemicals, Inc. All rights reserved. APLNG Project HSEMP Plan TABLE OF CONTENTS 1 . INTRODUCTION ...................................................................................................... 5 2. HSE MANAGEMENT SYSTEM ................................................................................ 6 3. PURPOSE ................................................................................................................ 6 4. SCOPE .......................................................
Words: 2400 - Pages: 10
...Executive Summary To maintain the Six Sigma status it is recommended that Riordan Manufacturing, Inc. overhaul and upgrade their IT infrastructure. The Riordan information system is fragmented and redundant; which created inefficient policies. It is necessary to align the staff with technology that will ensure a more efficient and accurate job role. It is recommended to integrate all of the locations by purchasing and ERP and CRM system and ensure security of all data transferred. The most crucial change is to verify that all the new hardware being used is compatible with the inventory database. Riordan Manufacturing, Inc. Information Systems Analysis Riordan Manufacturing, Inc. is an industry leader in the manufacturing of polymer plastics. The company began as a research and development (R&D) company, which created innovative patents, but later expanded to plastic beverage containers and fan production. The information systems vary in each plant; which are antiquated and decentralized. Most information is manually recorded and transferred, allowing for input errors and indefinite data. The variety of legacy systems is labor intensive and unsecure; which affects the company revenue and stability. Operations Riordan Manufacturing completes numerous processes through operations. The procedures include the procurement of raw materials, tracking products while manufacturing, shipping and accounting of the finished product. Raw Material Receiving Process ...
Words: 2715 - Pages: 11
...generally is a dispute between two or more people or parties. In mediation a third party or which we would refer to as the mediator, assists the parties to negotiate a settlement. The mediator must not be biased. Arbitration is a proceeding in which a dispute is resolved by an arbitrator who is impartial or unbiased to the situation. The arbitrator is whose decision the parties will take and the dispute agreed, will be final and binding. With Situation One, the best approach depends on which side we should view. The customer who fell, sounds as if she is more interested in the legal aspect of the matter in hopes of a big payoff. But in our stance as Good Grocers, Inc we would be best suited for alternative dispute resolution mainly due to the circumstances involving a legal battle. We are a family owned business and would like to keep our records clean. We do not want nor do we need a legal lawsuit. This legal lawsuit, or litigation, would take too...
Words: 1220 - Pages: 5
...Best Practices in HR Management For 2011 30610860 Executive Publisher and Editor in Chief: Robert L. Brady, J.D. Managing Editor–HR: Legal Editor: Editor: Production Supervisor: Graphic Design: Production & Layout: Patricia M. Trainor, J.D. Susan E. Prince, J.D. Elaine V. Quayle Isabelle B. Smith Catherine A. Downie Sherry Newcomb This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If legal advice or other expert assistance is required, the services of a competent professional should be sought. (From a Declaration of Principles jointly adopted by a Committee of the American Bar Association and a Committee of Publishers.) © 2006-2011 BUSINESS & LEGAL REPORTS, INC. All rights reserved. This book may not be reproduced in part or in whole by any process without written permission from the publisher. Authorization to photocopy items for internal or personal use or the internal or personal use of specific clients is granted by Business & Legal Reports, Inc. For permission to reuse material from Top 10 Best Practices in HR Management for 2011, ISBN 1-55645-317-5, please go to http://www.copyright.com or contact the Copyright Clearance Center, Inc. (CCC), 222 Rosewood Drive, Danvers, MA 01923, 978750-8400. CCC is a not-for-profit organization that provides licenses and registration...
Words: 23795 - Pages: 96
