...Case Analysis: Loewen 1. Loewen was able to grow between 1990 and 1995 through pre-need sales, or sales of cemetery plots for future use. While the pre-arranged funeral service revenues could not be recognized immediately, revenues from the pre-sale of cemetery plots could be. With the Baby-Boomer generation aging into their 50s and 60s, this market represented the major source of growth in the early 1990s. We do not believe Loewen created value with this source of revenue as it was simply benefitting from these customers earlier than otherwise would have been expected.(What about investment income on Cash in Advance?). We feel that pre-selling the cemetery plots only served to steal from revenues that would have normally been expected in the future (may need to add quantitative analysis here). 2. Financial comparison between Loewen and SCI from 1996 to 1998: a. Gross Margin – While SCI enjoyed stable gross margins ranging from 31.08% to 30.58% from the period of 1996 to 1998, while Loewen’s gross margins over the same period declined from 36.54% to 25.68%, reduction to GM of 29.72% (see Financial Comparison Table below). Both companies shared the strategy of growing through acquisition, however SCI focused more on owning acquisitions outright and seemed to realize operational efficiencies and shared fixed costs demonstrated by their consistent GM. Loewen took a less invasive approach and almost requiring original management to remain in place for certain time...
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...two types: liquidation and reorganization. The U.S. Court of Bankruptcy (2015), states that among the popular proceedings are chapters 7, 11, 12, and 13, which individuals and businesses use to file. Chapter 7 bankruptcies normally fall into the liquidation category. This means that an individual’s own property can be taken away and sold in the process of liquidation in order to pay back the debts. Conversely, chapter 13 bankruptcies fall under the reorganization category, meaning that the individuals will probably be able to keep their property, but they must submit and stick to a plan that will allow the person to repay some or all of their debts within 3 to 5 years. A case filed under chapter 11 of the United States bankruptcy code is frequently referred to as a reorganization bankruptcy. Its bankruptcy proceedings are usually employed by struggling businesses as a way to get their affairs in order and pay off their debts. In addition, some individuals also file for chapter 11 bankruptcy when they are not eligible for chapter 13 bankruptcy or own large amount of non-exempt property (like a home). However, chapter 11 can be much more expensive and time consuming when compared to chapter 13, and the individual will probably need to speak to a lawyer to decide whether chapter 11 is the right pick for them (U.S. Court for Bankruptcy, 2015). The chapter 12...
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...MGMT 307 Sample Final Exam 1. ___________ describes how dependable and responsible a person is. A. Emotional stability B. Conscientiousness C. Extroversion D. Locus of control E. Self-efficacy 2. Meg is very relaxed and secure. Meg is probably high in A. emotional stability. B. conscientiousness. C. extroversion. D. agreeableness. E. openness to experience. 3. The statement, "My boss doesn't know how to do his job," reflects the __________ component of an attitude. A. behavioral B. decisional C. cognitive D. affective E. value 4. Bethany is writing a paper for her management class. She already has a strong 'A' in the class, and only needs to get a C on the paper to keep her A. As she prepares the final version of the paper, she takes special care that the paper is well-written, insightful, and error-free, something that she can be proud of. Bethany is experiencing A. an intrinsic reward. B. high equity. C. a belongingness need. D. a hygiene factor. E. a high need for affiliation. 5. The need that is met by providing autonomy and control to employees over how they do their jobs is A. self-actualization. B. esteem. C. love. D. safety. E. physiological. 6. A manager wants to improve how her employees' belongingness or love needs are met. To do so, she could A. give public recognition for good job performance. B. hire a guard for the parking lot. C. send employees to a training class. D. redesign individual...
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...Week 3 Knowledge Check The material presented below is not meant to be a comprehensive list of all you need to know in the content area. Rather it is a starting point for building your knowledge and skills. Additional study materials are recommended in each area below to help you master the material. Personalized Study Guide Results: Score: 17 / 18 Concepts Mastery Questions Stakeholder Influence 67% 123 Ethical Differences 100% 456 Rules of Ethical Decision Making 100% 789 Laws Affecting Business Commerce 100% 101112 Laws Affecting Business Occupation 100% 131415 Laws Affecting Business Organization 100% 161718 Concept: Stakeholder Influence Mastery 67% Questions 123 Materials on the concept: Stakeholders and Business Ethics 1. Which of the following people or groups supply a company with productive resources and are affected by the way a company does business? A. Stakeholders B. Customers C. Employees D. Managers Correct : “Stakeholders (are) people or groups of people who supply a company with its productive resources and thereby have an interest in how the company behaves” (Jones, 2007, p. 144). Materials Stakeholders and Business Ethics 2. Who has a claim on a company because they own shares? A. Employees B. Stockholders C. Customers D. Managers Correct : Stockholders own shares (stock) of a company; therefore, they have a claim on the company’s profits in the form of dividends. Materials Stakeholders...
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...fix it" refers to managing by crisis. 6) The overall aim of the Balanced Scorecard is to balance financial objectives with strategic objectives. 7) Since a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously. 8) Horizontal integration is seeking ownership or increased control over competitors. 9) Divestiture is selling all of a company's assets, in parts, for their tangible worth. 10) A chief executive officer is located in the divisional level of a large firm. 11) Gaining ownership or increased control over distributors or retailers is called forward integration strategy. 12) Franchising is an effective means of implementing forward integration. 13) A growing trend is for franchisers to buy out their part of the business from their franchisees. 14) McDonalds currently owns more than 50 percent of its restaurants. 15) Forward integration strategy is especially effective when the availability of quality distributors is so limited as to offer a competitive advantage to those firms that...
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...Corporate Fraud and Schemes ACC 571 – Forensic Accounting October 20, 2014 Russell Wasendorf was the owner and chief executive officer of Peregrine Financial Group based in Cedar Falls Iowa. He stared the business in 1967 in Iowa and later decided to move the company to Chicago. Not long ago, he decided to move the company back to Iowa convincing many of his colleagues to move with him. Peregrine Financial Group had many customers and clients who trusted that the money invested and managed by Peregrine would be safe and potentially provide strong dividends in the future. In July 2012, the company filed for Chapter 7 bankruptcy and Russell Wasendoff was arrested for corporate fraud. According to the IRS (irs.gov), Wasendorf stole more than $215,000,000 from more than 13,000 victims over the course of nearly 20 years. The fraud that was committed was misappropriation of funds and falsifying bank statements. National Futures Association, the regulators for Peregrine, came to the harsh realization when they decided to change the audit procedure to online. According to New York Times (www.nytimes.com) “The N.F.A. was in the middle of changing part of its audit process to an online platform, where bank statement information would feed directly to the regulator. This month, Peregrine was facing its first audit under the new system, called confirmation.com, and Mr. Wasendorf was opposed to the system”. Previously, Wasendorf was the only person...
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...fix it" refers to managing by crisis. 6) The overall aim of the Balanced Scorecard is to balance financial objectives with strategic objectives. 7) Since a combination strategy bears no risk, many organizations pursue a combination of two or more strategies simultaneously. 8) Horizontal integration is seeking ownership or increased control over competitors. 9) Divestiture is selling all of a company's assets, in parts, for their tangible worth. 10) A chief executive officer is located in the divisional level of a large firm. 11) Gaining ownership or increased control over distributors or retailers is called forward integration strategy. 12) Franchising is an effective means of implementing forward integration. 13) A growing trend is for franchisers to buy out their part of the business from their franchisees. 14) McDonalds currently owns more than 50 percent of its restaurants. 15) Forward integration strategy is especially effective when the availability of quality distributors is so limited as to offer a competitive advantage to those firms that...
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...Legal Environment of Business Unit 2 Discussion Board American Intercontinental University Online November 14, 2012 Legal Environment of Business There are three types of bankruptcy – Chapter 7, Chapter 11 and Chapter 13. This discussion board post will discuss who can file Chapter 7 bankruptcy. Also discussed will be reasons why people file bankruptcy and how interest rates on loans and credit cards are affected by bankruptcy. The Chapter 7 bankruptcy is also referred to as liquidation, Chapter 11 bankruptcy is the reorganization of debt and Chapter 13 bankruptcy is the adjustment of debts of an individual with regular income (Types of Bankruptcy, 2011). An individual may file bankruptcy if they reside in the United States, within the last 6 years must not have been approved for a Chapter 7 release, and must not have been dismissed for bankruptcy filing within the last 180 days (Chapter 7, 2012). Within 6 months of filing for Chapter 7 bankruptcy, a person must also complete debt counseling classes and must pass a means test. A means test is a financial test given to see if a person qualifies for bankruptcy (Chapter 7, 2012). Although there are many reasons why a person would file for bankruptcy, only a few reasons will be mentioned in this discussion. The number one reason for filing for bankruptcy is medical expenses. Forty-two percent of those who filed for bankruptcy in 2010 were due to medical expenses. Twenty-two percent of bankruptcies were due to job loss...
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...Group Assignment Critical Review of a Proposal Assessment of Role of Micro and Small Enterprises on Economic Empowerment of Women: A survey of Women Operated Urban Agriculture Enterprises in Wukro Woreda, Tigray Group Members 1. Bersabeh Elias 2. Dagmawit Meried 3. Kalkidan Amdie 4. Kalkidan Wubie 5. Maria Alemu June 21/2014 Addis Ababa Content Introduction ? i. Title page * The title page did not have a page number (which is correct) * The purpose of the research was clearly specified as : A Research Proposal Submitted in Partial Fulfillment of the Requirements for the Master of Arts Degree in Development Studies * Name of the researcher is stated: * Advisor and co-advisors are mentioned * Place, Month and year (December 2011) is also mentioned ii. Acronyms Abbreviation should have come before/at the beginning of the proposal next to title page. (The abbreviations are in alphabetic order, which is correct) The following abbreviations are used in the proposal but not found in the list of abbreviations FAO – Food and Agriculture Organization FDRE – Federal Democratic Republic of Ethiopia HIV/AIDS – Human Immunodeficiency Virus/ Acquired Immuno- Deficiency Syndrome MFI – Micro Finance Institution MSE –Small and Medium Sized Enterprises NAP-GE – National Action Plan for Gender Equality NGO – Non Governmental Organization REWA – Revolutionary Ethiopian Women’s Association UN –...
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...MKT 310 WK 8 QUIZ 6 CHAPTER 13 & 14 To purchase this visit here: http://www.activitymode.com/product/mkt-310-wk-8-quiz-6-chapter-13-14/ Contact us at: SUPPORT@ACTIVITYMODE.COM MKT 310 WK 8 QUIZ 6 CHAPTER 13 & 14 MKT 310 WK 8 Quiz 6 Chapter 13,14 1) A retailer can list all of its operations to be performed, its characteristics, and its timing in a(n) ________. A) prototype arrangement B) standardized plan C) operations blueprint D) rationalized retailing arrangement 2) Which of the following is not an advantage of an operations blueprint? A) The operations blueprint standardizes activities. B) The operations blueprint helps evaluate personnel needs. C) The operations blueprint determines space needs. D) The operations blueprint isolates weak or failure-prone operations components. 3) Uniform construction, layout, and operations standards are used in ________. A) everyday inventory planning B) prototype stores C) crisis management D) scrambled merchandising 4) Which of these is not a benefit of using prototype stores? A) The stores use custom buildings for each city and town. B) The stores enable a retailer to take advantage of quantity discounts for fixtures and other materials. C) The stores ease the employee interchange among branches. D) The stores help portray a consistent image among franchise and chain store units. 5) Rationalized retailing is often used in conjunction with ________. A) micro-merchandising B) prototype stores C) a top-down...
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...Chapter 1 THE PROBLEM AND ITS BACKGROUND This chapter presents the introduction, statement of the problem, significance and scope and delimitation of the study. Introduction Pitt, B. (2006) stated that by employing the intellegence of natural systems we can create industry, buildings, even regional plans that see nature and commerce not as mutually exclusive but mutually coexisting. Most of the time, business and environment were categorized differently. Often, business is for the economy and environment is the welfare of our Mother Earth where in fact it can work interconnectedly. Both can associate and benefit each other. Micro, small and medium enterprises are defined as any business activity engaged in industry, agri-business or services whether single proprietorship, cooperative, partnership or corporation whose total assets inclusive of those arising from loans but exclusive of the land on which the particular business entity’s office, plant and equipment are situated. (Department of Trade and Industry [DTI], 2007) They are mostly affected by the non plastic ordinance. It is very important on how these small and medium enterprises comply with the Provincial Ordinance No.2012-09 because their consumers are major actors and they can minimize or eliminate the use of short-lived applications of plastics. Bulacan PCEDO (2005) revealed that Bulacan is considered the Small Medium Enterprises (SME) Capital of Region 3 because 35% of small and medium enterprises in Central...
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...micros ® MICROS Systems, Inc. Enterprise Information Security Policy (MEIP) Revision 8.0 August, 2013 ________________________________________________________________________ 1 MICROS Systems, Inc. Enterprise Information Security Policy Version 8.0 Public Table of Contents Overview – Enterprise Information Security Policy/Standards: I. Information Security Policy/Standards – Preface……………....5 I.1 Purpose …………….……………………………………………...5 I.2 Security Policy Architecture ………………….………………….6 I.3 Relation to MICROS Systems, Inc. Policies……………………..6 I.4 Interpretation………………………………………………….…..7 I.5 Violations…………………………………………………….….....7 I.6 Enforcement…………………………………………….................7 I.7 Ownership………………………………………………................7 I.8 Revisions…………………………………………………………..7 II. Information Security Policy - Statement………………………..8 MICROS Enterprise Information Security Policy (MEIP): 1. Information Security Organization Policy (MEIP-001)...……....9 2. Access Management Policy (MEIP-002)…………………………10 3. Systems Security Policy (MEIP-003)...…….…………………......11 4. Network Security Policy (MEIP-004)…………………………….12 ________________________________________________________________________ 2 MICROS Systems, Inc. Enterprise Information Security Policy Version 8.0 Public 5. Application Security Policy (MEIP-005)…..………………………13 6. Data Security/Management Policy (MEIP-006)……………….14-15 7. Security Incident...
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...SPB-158632 14 March 24, 2009 Time: 10:57 Proof 1 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 Integration of EPON and WiMAX Gangxiang Shen and Rodney S. Tucker 14.1 Introduction The Internet today is characterized by a fast growth of bandwidth-intensive services, such as IPTV, video on demand (VoD), and peer-to-peer (P2P) services. To Gangxiang Shen ARC Special Research Centre for Ultra-Broadband Information Networks (CUBIN), Department Electrical and Electronic Engineering, The University of Melbourne, Melbourne VIC 3010, Australia, e-mail: egxshen@gmail.com Rodney S. Tucker ARC Special Research Centre for Ultra-Broadband Information Networks (CUBIN), Department Electrical and Electronic Engineering, The University of Melbourne, Melbourne VIC 3010, Australia, e-mail: r.tucker@ee.unimelb.edu.au A. Shami et al. (eds.), Broadband Access Networks, Optical Networks, DOI 10.1007/978-0-387-92131-0 14, c Springer Science+Business Media, LLC 2009 UN C OR R Abstract The integration of EPON and WiMAX is a novel research topic that has received extensive interest from both industry and academia. The major motivations behind the integration of EPON and WiMAX involve the potential benefits of fixed mobile convergence (FMC), which uses a single network infrastructure to provide both wired and wireless access services, and a good match of capacity hierarchy between EPON...
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...The Role of Micro and Small Enterprises in Employment Creation and Income Generation A Survey Study of Mekelle City, Tigray Region, Ethiopia A Thesis Submitted to the Department of Management of Mekelle University in Partial Fulfillment of the Requirements for the Award of Master of Arts Degree in Development Studies (Regional and Local Development Studies) by Bereket Tadesse Advisor: Gebremedhin Yihdego (Assistant Professor) Co-Advisor: Tesfay Aregawi (Assistant Professor) Mekelle University College of Business and Economics Department of Management June 2010 Mekelle Declaration I declare that this thesis work entitled “The Role of Micro and Small Enterprises in Employment Creation and Income Generation a Survey Study of Mekelle City, Tigray Region, Ethiopia.” is my original work, has not been presented earlier for award of any degree or diploma to any other university and that all sources of materials used for the thesis have been duly acknowledged. I have produced it independently except for the guidance and suggestion of my research advisors. Name of the student Bereket Tadesse Signature: ----------------- Date: ---------- Name of the supervisor Gebremedhin Yihdego (Assistant professor) Signature: ------------------ Date: ---------- Name of Co -Advisor Tesfay Aregawi (Assistant Professor) Signature: ----------------------- Date: -------- Mekelle University Abstract Unemployment and low income are one of the present situations in urban cities of Ethiopia. The...
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...WRITTEN REPORT – TP019 Micro+ Ridhwan Ismail Perlyn Ho Brandon Goh Yeo Li Sin Seow Jia Chun TAMPINES JUNIOR COLLEGE PROJECT WORK WRITTEN REPORT – TP019 Micro+ Ridhwan Ismail Perlyn Ho Brandon Goh Yeo Li Sin Seow Jia Chun TAMPINES JUNIOR COLLEGE PROJECT WORK Contents | | | Chapter 1 | Introduction | Page | 1.1 | Project Aim | 1 | 1.2 | Project Context: Microcars | 1-3 | 1.3 | Influence of Microcars | 4 | 1.3.1 | Positive Impacts | 4-5 | 1.3.2 | Negative Impacts | 5-6 | Chapter 2 | Analysis of Current Solutions | | 2.1 | Target Group | 7 | 2.2 | Overview of Current Measures | 7 | 2.3 | Kenguru B1 | 8 | 2.4 | EQUAL | 9 | 2.4.1 | EQUAL's Entry System | 9 | 2.5 | Limitations of Current Measures | 10 | Chapter 3 | Micro+ | | 3.1 | Aim & Design Objectives | 11 | 3.2 | Independence | 12 | 3.2.1 | Laser Guidance | 12-14 | 3.2.2 | Friction Drive Module (FDM) | 15-16 | 3.2.3 | Ramp | 16-17 | 3.3 | Usability | | 3.3.13.3.2 | Modified Steering MechanismExpanding Width | 1819 | 3.4 | Summary | 19 | Chapter 4 | Evaluation of Ideas | | 4.1 | Methods | 20 | 4.2 | Effectiveness | 20-21 | 4.3 | Feasibility | 21 | 4.3.1 | Limitations | 21 | 4.3.2 | Solutions | 21-24 | Chapter 5 | Project Summary | | 5.1 | Summary of Project | 25 | 5.2BibliographyAnnexes | Future Directions | 25-2627-2829-44 | | | | | | | Chapter 1 Introduction 1.1 Project Aim This project aims to improve on the...
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