...Information: Lucky Charms, Inc. (“LC”) manufactures a line of hand-crafted decorative silver amulets featuring a variety of designs. The amulets are mainly sold to retailers who then sell the amulets to consumers in their shops or at outdoor, street and weekend markets. LC’s business is somewhat seasonal in that most sales occur in the spring (in anticipation of the summer outdoor market season) with significantly fewer sales in the fall and winter. For the past couple of years LC has experienced cash flow problems that have resulted in LC having to limit production in several months which has hurt sales and profitability. You have been hired by LC as a consultant with the task of developing a master budget. LC plans to use this master budget to approach its bank for a line of credit that will help LC better manage its historic cash flow problem. The owner of LC has provided you with the following data regarding LC’s business and operations. • One amulet equals one unit of production. • The selling price of the amulets is $40. • Although the amulets have many different designs, they all contain about the same amount (0.1 ounces) of silver. • The cost of silver (the only direct material) is $25 per ounce. • The amulets each require 1.5 hours of skilled craftsman (direct) labor to produce. Assume that direct labor is a completely variable cost. • LC pays its skilled craftsmen $16 per hour. • Since the amulets are fairly easy to produce, LC only maintains a finished...
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...Assessment Task 2: Conference Planning Portfolio Submission details Candidate’s Name | | Student Number | | ------------------------------------------------- Submit this document via my.TAFE with all required evidence attached. See Procedure below for details. Performance objective Candidates will need to conduct individual research of available materials and local resources (web, phone book, etc.) and show initiative and problem-solving skills to develop a conference concept; a full conference plan that meets the needs of the organisation; and to produce a cross-section of documents that support their conference plan. Assessment description You are required to complete this task in three parts. Part One requires you to develop a conference concept document. The concept document is designed to help a conference manager in developing a scoping document for a conference to be held. You are required to review the case study outline below, and create and complete all aspects of the concept document. Case study You are one of the senior administrative staff who work in the marketing department of MacVille Pty Ltd. The MacVille events steering committee with ultimate authority in convening the conference have requested that you plan and manage a conference that they would like run in the next 4–6 months. The purpose of the conference is to promote the Mezzo range of imported Italian espresso that the firm has recently secured the rights to distribute in Australia...
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...fashion case study Industry overview Over the last decade, the European clothing market has grown by almost 20% (as measured by sales revenue). However, this headline sales figure hides many of the underlying tensions involved when competing in this market sector. The clothing market has suffered from strong deflationary pressures due to the influx of `value’ retailers and intense competition. `Value’ retailers are defined as low price retailers which import low cost clothing manufactured principally in Asia. These `value’ retailers include some high street chains as well as supermarket chains that sell clothing. Generally, it is accepted that there are three tiers of clothing retailers, which are: couture houses and top designer labels high street retailers of fashion clothing `value’ retailers (as defined above) which retail at the inexpensive end of the market. There are a wide variety of retailers which compete in high street and shopping centres all over Europe (and some globally) whose prices, quality and branding varies greatly. Historically, clothing-only retailers dominated the market, taking nearly two thirds of all sales, with large department stores coming second. More recently large supermarket retailers, known principally for their grocery lines, have gained market share with a major push into non-food sales. Furthermore, in an increasingly competitive market, `value’ retailers are also growing quickly. The major force for change in the clothing retail market came...
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...Mid-Term Report Expierences of Shanghai Class Chinese Culture Program 2014 Autumn DBIC Chinese Economy and Culture WS 2014/15 Shanghai University Thuy Linh Ho 14D62006 Shanghai, October 29, 2014 Table of Contents INTRODUCTION 3 1 CULTURAL DIFFERENCES 3 1.1 ARPARTMENT 3 1.2 FOOD 4 1.3 CABDRIVERS 6 1.4 TRAFFIC 6 2 DANING ELEMENTARY SCHOOL 7 3 SIGHTSEEING 9 3.1 PAINTERS STREET 9 3.2 FAKE MARKET 10 CONCLUSION 12 Introduction China is a growing country and is constantly under change. There would be nothing more exciting than getting the opportunity to be a part of that. When I had to choose a destination abroad to do my semester, it was clear it would be China. I made this decision for a number of different reasons. I had heard many good things about China and became fascinated by its tradition, culture and people. China sparked my interest since I wanted to choose a location furthest from home, and one that is completely different than where I come from. The difficulty of learning to adapt and immerse myself into the Chinese culture is a challenge I would like to face. This really puts me to the test as I realized that my theoretical knowledge was no match compared to my practical knowledge. I kept being surprised, again and again, as I noticed how much I was capable of. I wanted to give it a shot. Thus, I had the idea that I could move to Shanghai for 3 months. 1 Cultural Differences ...
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...Ebony Little Firm Name - Wentworth studio Inc. or found ind date - for over twenty years Address – 8555 Conneticut Avenue Suite 200 Chevy Chase, Maryland 20815 PHONE: 240-383-1226 FAX: 240-383-1227 Principals & Staff Info - – Wentworth, Inc. was founded by Bruce Wentworth, AIA, a noted remodeling architect who has worked in the Washington, DC, metropolitan area for over twenty years. He has built hundreds of his own designs, ranging from modest bungalows to large-scale luxury residences. Passionate about historic architecture, Wentworth has also handled numerous historic renovations. He recently put his survey of residential architectural styles in the DC metro area online so that interested viewers can research and identify their own home's period and style, or those of other houses that interest them. Mr. Wentworth’s approach—sensitive remodeling with integrated aesthetics—has led to his work, and that of his creative team, to be featured in House Beautiful, American Bungalow, The New York Times, and on HGTV. His dedication to the fields of residential design and construction is expressed through his extensive writings and featured projects in Architecture DC, Washingtonian, Luxury Homes, and other publications. He continues to receive recognition from his industry with project awards from National Association of Remodeling Industry, Qualified Remodeler, Professional Remodeler, and Remodeling Magazine. Wentworth is a graduate of the School of Architecture—University...
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...improvement and variation reduction through the application of Six Sigma improvement projects. This is accomplished through the use of two Six Sigma sub-methodologies: DMAIC and DMADV. The Six Sigma DMAIC process (define, measure, analyze, improve, control) is an improvement system for existing processes falling below specification and looking for incremental improvement. The Six Sigma DMADV process (define, measure, analyze, design, verify) is an improvement system used to develop new processes or products at Six Sigma quality levels. It can also be employed if a current process requires more than just incremental improvement. Both Six Sigma processes are executed by Six Sigma Green Belts and Six Sigma Black Belts, and are overseen by Six Sigma Master Black Belts. Over the past two decades Six Sigma has evolved from a focus on metric to the Methodology level and finally to the design and development of entire Management Systems. As a Metric, when a process is operating at Six Sigma level, it will produce nonconformance (i.e.,defects or errors) at a rate of not more than 3.4 defects per one million opportunities....
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...3 Business description and purpose………………………………..3 Legal status and licences…………………………….…………….3 Management process……………………………………..………..4 Marketing plan and strategy………………………………………5 Sales targets and objectives……………………………….………6 Financial requirements and forecasts……………………..……6 Training needs…………………………………………...………….7 Business risks…………………………………………….………….7 PEST analysis……………………………………………….……….7 SWOT analysis………………………………………….……………8 2. Executive summary The business that I want to set up and run is a jewellery business, which will be called “Reiche”. It will be online based but I will also be supplying to other retailers that sell luxury fashion items. Reiche will have it own shop in central London precisely around Mayfair, because in the area, there are many different luxury shops, hotels, bars etc; and the area seems to attract many wealthy people. My jewellery business will also give customer opportunity to sell their unwanted gold at a fair price, to have their repairs and alteration done, as well as have custom design for their jewellery. We will also personal shopping and advice for clients with busy schedule. Reiche will start as sole trade, and as the business grows, it will become a company limited by shares. Reiche’s products will be stylish, details oriented, fashionably designed pieces of jewellery such as earrings, bracelets, necklace, rings and bangles made in real gold, silver or platinum and in many other materials. Some of my jewellery will be mix...
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...Student Life @UNSW Global Education Global Networks Global Opportunities contents 3 sydney People ___________________________________________________________________________ 3 Places of Interest __________________________________________________________________ 4 Multicultural sydney ________________________________________________________________ 5 suburbs Around UnsW_____________________________________________________________ 6 Climate __________________________________________________________________________ 18 World Times______________________________________________________________________ 18 21 AboUT UnsW UnsW – The organisation _________________________________________________________ 22 UnsW Campuses_________________________________________________________________ 24 University Glossary _______________________________________________________________ 26 Faculty of Arts and social sciences _________________________________________________ 28 Faculty of the built environment_____________________________________________________ 30 Australian school of business ______________________________________________________ 32 College of Fine Arts (CoFA) ________________________________________________________ 34 Faculty of engineering ____________________________________________________________ 36 Faculty of Law ____________________________________________________________________ 38 Faculty of Medicine _______________________________________________________________ 40...
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...Personal Exploration of Knowledge Darchelle Mitchell University of Phoenix Personal Exploration of Knowledge What is epistemology? Simply put, it is the science or study of knowledge. It is curious that often human beings do not question the origin of knowledge, especially concerning common-sense beliefs and practices, taking on the notion that having been there always, it is tested, established, and proven to be true over practice. If knowledge is socially created and structured by man, it will also be subject to the flaws and fallibility and human thought. Epistemology addresses this by asking questions like - how is knowledge acquired and established, how do we know what we know, what is knowledge? These are basic and intriguing questions about knowledge that is not often addressed by us human beings when confronted with new or ordinary ideas and knowledge systems. They are important to ask however simply because human society's bedrock is knowledge; we live our lives influenced by systems of knowledge that control our ways of thinking, doing, and living from our simplest to most complicated tasks. Epistemology To truly understand epistemology as the philosophy and science of knowledge, it is important to understand what knowledge means. Knowledge is the knowing and familiarity of a skill, a person, an event, of facts, of descriptions, of abstract concepts. Acquiring knowledge...
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...Design and Construction of an Army Reserve Center Proposal Project name: Design and Construct a 150-member Army Reserve Center (ARC) in Rockford, Illinois. Primary facilities consist of three buildings: 1. Training Building of approximately 31,239 SF; 2. Organizational Maintenance Shop (OMS) of approximately 5,294 SF; and 3. Unheated Storage (UHS) of approximately 1,520 SF. All buildings are located in Winnebago County, IL. Solicitation Number: W912QR-12-R-0025 Agency: Department of the Army Office: U.S. Army Corps of Engineers Location: USACE District, Louisville Introduction Thank you for allowing Lucky Construction CO the opportunity to bid this project fo you. Based on the Project plans dated February 9, 2012 and specifications dated January 6, 2012, Lucky Construction CO has put together a proposal with a breakdown of work included. The project ws priced based on the plans and specs unless other wise noted in below breakdown. Project Summary The project will be to design and construct a 150-member Army Reserve Center (ARC) in Rockford, Illinois. Primary facilities consist of three buildings: Training Building of approximately 31,239 SF Organizational Maintenance Shop (OMS) of approximately 5,294 SF Unheated Storage (UHS) of approximately 1,520 SF. All buildings are located in Winnebago County, IL. The project also includes privately owned vehicle (POV) and military equipment (MEP) parking. The Training building provides administrative and training...
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...Caroline Natalia Chandra Leonardi Sutopo Selly Sherly Warren Class : Prince Edward Island Lecturer : Sir Hendra Submission Date : 13 November 2009 Business Marketing Plan Executive Summary Overview T-Quila is an upscale clothing shop that will open in July next year. T-Quila, which means "Tequila" or "kind of wine”, defines the shop and its essence of inclusion. We choose the name to suppose that our products will make the customers to be addicted to our products and keep on buying them. T-Quila's clothing selections are couple T-shirt, Family T-shirt, Siblings T-Shirt, Female Tees and D.I.Y T-shirt that will satisfy Medan people’s demand in a unique and well-designed T-Shirt. T-Quila is a group-owned business currently organized as a Partnership. Clothing for Everyone T-Quila will provide T-Shirt that is wearable in any kind of occasions and stretch in the special design. T-shirt is never out-of-date while other fashion stuff is not up-to-date anymore. From century to century, T-shirt has always been the most favorable items to wear by most people. In addition to that, we provide T-shirt with unique design and in various types. T-Quila’s customer is people who want to be stylish with a minimum budget and become the one who is in the middle of the spotlight. They enjoy the T-shirt fashions and want a place where they can go to get services that meet their lifestyle. Unique and Innovative Medan citizens are very fond in buying and collecting T-Shirt...
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...Capitalism Parachuting cats into Borneo — Stopping the waste of people — Curitiba’s web of solutions — Faster travel without freeways — Subways on the surface — Simple, fast, fun, and cheap — When garbage isn’t garbage — No hunger pangs — A place for living — A symbol of the possible W H AT D E S T I N AT I O N D O E S O U R S O C I E T Y W A N T T O R E A C H , A N D H O W W I L L I T get there? Lessons in what not to do can often be found in cities, where most officials, overwhelmed by a flood of problems, try to cope by naming and solving them one at a time. If they are faced with congestion, their answer is to widen streets and build bypasses and parking garages. Crime? Lock up the offenders. Smog? Regulate emissions. Illiteracy? Toughen standards. Litter? Raise fines. Homelessness? Build shelters, and if that seems to fail, jail the loiterers. Insufficient budget to fund all these competing priorities? Raise taxes or impose sacrificial austerity, to taste. Disaffected voters? Blame political enemies. Sometimes single-problem, single-solution approaches do work, but often, as previously described, optimizing one element in isolation pessimizes the entire system. Hidden connections that have not been recognized and turned to advantage will eventually tend to create disadvantage. Consider what happened in Borneo in the s. Many Dayak villagers had malaria, and the World Health Organization had a solution that was simple and direct. Spraying DDT seemed to work: Mosquitoes died,...
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...CONSUMER FOODSERVICE IN MALAYSIA Euromonitor International October 2012 CONSUMER FOODSERVICE IN MALAYSIA Passport I LIST OF CONTENTS AND TABLES Executive Summary ..................................................................................................................... 1 Malaysians Spend More on Foodservice .................................................................................. 1 Increases in Prices Hit Consumers ........................................................................................... 1 Multinational Brands Maintain the Top Positions, But Local Companies Progress Well ........... 1 Increasing Trend of Dining Out ................................................................................................. 1 Positive Outlook for Multinational and Local Foodservice Companies...................................... 2 Key Trends and Developments .................................................................................................... 2 Rising Prices Affect Consumer Confidence .............................................................................. 2 Government and Private Sector Inject Growth Into Foodservice .............................................. 3 Healthier Choices for Consumers in Restaurants ..................................................................... 5 Foodservice Companies Compete for Customers Through Online Coupon Giveaways........... 6 Tackling Halal Issues in 2011 ....................
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...Progress in Planning 64 (2005) 69–175 www.elsevier.com/locate/pplann Global city making in Singapore: a real estate perspective Sun Sheng Han Department of Real Estate, School of Design and Environment, National University of Singapore, 4 Architecture Drive, Singapore, Singapore 117566 CHAPTER 1 Introduction ‘Global city’ is a notion popularly cited among planning academics and practitioners in describing some strategic places in the world economy. Pioneer researchers in this area define global cities as basing points of capital in a world economy (Friedmann, 1986: 71); production centres of specialized information services such as financial services, media services, educational and health services, and centres of tourism (Hall, 1998: 24); and centres for servicing and financing international trade, investment and headquarters operations (Sassen, 2004: 171). Summarizing those perspectives and recognizing the influence of a new economy, which can be characterized as informational, global and networked (Castells, 2000: 27), global cities can be seen as the urban nodes where globalization materializes so that they are (1) highly concentrated command points in the organization of the world economy; (2) key locations for finance and specialized service firms; (3) sites of production of innovation; (4) markets for the products and innovations produced (Sassen, 2001: 3 and 4). Taylor (2004) has argued that these perspectives involve understanding just the attributes of cities and...
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...MIS Case Studies Case 1 SystemX Inc. Withdraws Rs. 1 Billion SoftGuide Acquisition Offer The following is an excerpt from a news article in the Daily Update, March 07, 2010 “SystemX Inc., called off its acquisition of SoftGuide Knowledge Consultants, Friday, saying that 1 Billion was too high a price.” (SoftGuide has a considerable market share in Training and Development services and would therefore help SystemX to diversify and expand its range of services to customers.) “Although SystemX officials would not comment further, several observers said that problems discovered at SoftGuide probably lay behind the decision…. The article said that SystemX feared that SoftGuide’s data-processing system was inadequate to handle the new products planned for the SoftGuide sales staff. SystemX officials were also concerned about the 30 percent annual turnover among sales personnel… Tabrez A., SoftGuide CEO, responded that the SoftGuide’s data-processing was quite competent and has absorbed at least one new product a month for two years.” Questions: a. Why should SystemX be so concerned about the capabilities of SoftGuide’s data-processing? b. What competitive advantages to a Training and Consultancy services company may be provided by an information system? Case 2 Professor Challenges Basic Assumption about Planning and Control Professor A. Van Cauwenbergh of Antwerp University, in a paper presented at the Tenth Anniversary Conference of the European Institute for Advanced Studies...
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