...By having multiple productions plants globally, it is able to create flexibility and backup options should one of their plants fail to deliver when there is natural disasters or uncertainty within the country. During the Thailand floods, its production was greatly affected as its plants were shut down and unable to operate due to the damage caused by the flood. (Thailand was responsible for the production of 891,000 forecasted vehicles, one of the biggest in SEA). Due to the crippling of its plants in Thailand, Toyota has to scale back its productions in the rest of SEA due to issues faced while exporting certain parts from Thailand. The car maker estimates the disruption in the parts supply chain has affected about 100 kinds of parts. The overall output loss caused by the floods amounted to an estimate of 37,500 vehicles. ISSUES FACED: Toyota has to be prepared for unforeseeable circumstances such as natural disasters. As shown, during the Thailand floods in 2011, its production was scaled back by 37,500 vehicles. Backup supplies from its other branches around the world creating the same vehicle parts could be supplied to SEA during this period to alleviate the burden faced by the plants in Thailand. OPINION: Safety is one of Toyota’s key concerns and also selling point. This must be ensured from the various parts that make the car, from the start to the end. It is understandable that Toyota decided to specialize each plant so that they can be focused on what they produce...
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...the client’s competitor was planning to launch soon. Martha has been promised a promotion to group manager and the organization has been offered interest in assigning approximately 10 new projects. The project presents an ethical dilemma in front of Martha wherein she needs access to what constitutes proprietary information of the target company [client’s competitor] in order to complete the project. In addition to this, she might have to pay someone to gain access to the proprietary information. Stakeholders: Following are the stakeholders of the case • Martha McCaskey: Project Leader- Silicon 6 project • Tom Malone: Chief Operating Officer, Industry Analysis Division [IAD], Seleris Associates • Bud Hackert: Top Manager, IAD • Ty Richardson: Head of IAD • Phil Devon: Semiconductor Industry Consultant, [VP of target company 12 years ago] • Chuck Kaufmann: Senior Associate, IAD • Seleris Associates • Seleris Associates’ client Key Issues: • Completion of Silicon 6 project would require Martha to compromise her values by seeking target company confidential [proprietary] information from an industry consultant who had worked with the target company 12 years ago. • Seleris Associates had enjoyed a reputation for high technical and professional standards and compromising on its standards for a single project would tarnish its’ image forever. • IAD was the youngest and smallest division of Seleris...
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...evaluation, and dissemination of information related to a firm’s future performance. * The majority of analyst report includes 3 key measures: * 1) earnings forecast * 2) stock recommendation (buy/sell/hold) * 5 Distinct Recommendations: strong buy, buy, hold, sell, strong sell (For each recommendation, assess whether to upgrade, iterate or downgrade) * 3) price target * These reports frequently present extensive quantitative and qualitative analysis supporting the summary measures. (R2, regression, etc) When we read analyst reports, we have to be suspicious, since their analysis differ and might have access to only popular information. 2. How to measure the accuracy of price targets? Can you construct other measures of your own? We consider a price target prediction to be accurate if the analyzed firm’s stock price equals or exceeds the 12-month projected price at any time during the year following the release of the report. Construction of other measures: you can take the average of the 12 month and see the difference with the target price. 3. How to quantify the justifications for an analyst’s opinion about the underlying firm? Table 1, Panel B: positive and negative remarks recorded for 14 different criteria (revenue growth, earnings growth, new product introductions, new projects, cost efficiencies, expectations met, mergers and acquisitions, repurchase programs,...
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...754 • Case 24 • ABC Chemical Company Goes Global The ongoing economic recession in Japan will continue to erode consumer purchasing power and confidence; luxury goods will suffer as consumers move toward cheaper products. This is already becoming evident: consumption of cognac and premium whisky is declining in Japan. Since TWO DOGS was launched in 1998, there has been massive growth in the sales volume of cheaper products, such as ‘‘Can Chu-Hi’’ and ‘‘Hyoketsu Chu-Hi’’. These locally made Japanese brands are, in convenience stores, almost half the price of fully imported TWO DOGS. DISCUSSION QUESTIONS 1. Should TWO DOGS maintain its premium price and thus risk losing volume growth to cheaper products during the recession? 2. What effect would lowering its price have on its brand positioning? 3. Would lowering its price require TWO DOGS to change to a licensing strategy? If so, should local production be in Japan? Or in nearby Asian countries with lower manufacturing costs, such as China or Thailand? 4. What other options does TWO DOGS have? Could the company change to a multi-brand strategy by introducing a new brand targeting the low-end segment? C ASE 24 ABC CHEMICAL COMPANY GOES GLOBAL Driven by competitive pressures, and the attractiveness of the industry’s fastest growing market in the world, a U.S.-based chemical manufacturer, ABC Chemical Company (name changed to maintain confidentiality) considered expansion into Asia, specifically, China. William Smith is...
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...hostile; a strategy for entering the video-on-demand (VOD) market must be selected in order to achieve growth targets. This strategy must address issues related to user connectivity, content limitations and initial target market. It is recommended (Exhibit 1) that Netflix develop, and integrate, a VOD platform for its core offering. Netflix’s current subscriber base is built on early adopters; these individuals, with free VOD access, will support and help market the VOD platform. Partnerships must be established to expand connectivity options (Exhibit 2) to overcome a key barrier. Strengthening relationships with studios and TV networks is a primary focus in order to obtain digital distribution rights. As a content risk management measure, Red Envelop Entertainment will continue to aggressively pursue high quality content for acquisition. Several alternatives (Exhibit 1) were evaluated and ranked against key decision criteria. Customer satisfaction (quality of the experience) is the most important element to Netflix’s business. Netflix has one channel for customers, their website. With high customer acquisition costs, a positive experience is necessary to reduce churn rates. High customer satisfaction will increase revenue growth by adding and retaining subscribers. As a public company, Netflix faces scrutiny by the investor community and growth targets must be achieved. Value innovation has the ability to differentiate Netflix from the competition. This is evident...
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...Danny McInnis Meredith Murphy Melanie McKoin Calder Miller Elliot Beatty Red Stick Music Venue 11/15/13 FEASIBILITY STUDY WORKSHEET QUESTIONS 1. Cover Page This may seem obvious, but entrepreneurs sometimes forget this. 1.a. What is the venture name? 1.b What is (are) your name(s) and how can you be contacted? Address, phone, fax, e-mail. 2. Table of Contents This helps the reader find information quickly and easily. Include page numbers. (Again, it may seem obvious, but be sure that the page numbers on the table of contents actually match the page numbers in the text!). 3. Executive Summary This section is always the first to be read. In less than two pages, you must get the reader excited about your business concept. If you fail to interest your reader, this may be all that is read. In two pages or less, describe your organization, demonstrate that customers want your product or service, and describe your founding team. (The Executive Summary should be completed last. It should stand on its own.) 3.a. What problem do you address? 3.b. What is your proposed solution and organization? What business is it, or will it be, in? 3.c. What makes your product/service unique? What is your competitive advantage? 3.d. Who are your customers? How do you know that customers want your product or service? 3.e. What are the projected financials for the project? How much money is needed to start the venture? Where will you obtain funding? 3.f. Who is on the...
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...Castillo, Lovely Mae. Gorospe, Michelle Day C. . SVC MKT/ MM09306 Report # 10: Chapter 11- Physical Evidence and the Servicescape Chapter's Objectives are to: 1. Explain the profound Impact of physical evidence, particularly the servicescape, on customer perceptions and expereinces. 2. Illustrate differences in types of servicescapes, the roles played by the servicescape, and the implications for strategy. 3. Explain why the servicescape affects customer and employee behavior, using a framework based in marketing, organizational behavior, and environmental psychology, 4. Present elements of an effective physical evidence strategy. Introduction Physical evidence is important for communicating service quality attributes, setting customer expectations, and creating the service experience. It is important for communicating credence services. Ex. Auto repair, health care, hospitals, hotels, theme parks (which are dominated by experience attributes.) Physical evidence is the environment in which the service is delivered and in which the firm and the customer interact, and any tangible commodities that facilitate performance or communication of the service. -The first part of it means the actual facility in which the service is performed, delivered, and consumed. Physical facility is also known as servicescape. Physical Evidence What is Physical Evidence? Customers rely on tangible cues, or physical evidence, to evaluate the service...
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...PART A You must compute the Equity Value of Liston Corp., on a stand-alone basis (i.e., pre-acquisition), for Jim Liston, by doing the following: 1. Use DCF via FCFF discounted at constant target WACC to compute the value of the company and equity. 2. Now check: does the actual D/A ratio (i.e., after your valuation) match the target D/A? If not, find the amount of initial debt that should be used to force a match between actual and target D/A. Using that debt value, recompute Equity. 3. Using the amount of debt you calculated in the previous step as a fixed amount over the planning horizon, perform a valuation via FCFE discounted at constant Ce. What could be wrong with this procedure? 4. Now perform APV with constant debt (again at the fixed level computed in Step 2) and include default risk by discounting tax benefits at the unlevered Ce. 5. Perform APV with constant debt (again at same debt level) but this time, account for default risk by discounting tax benefits at Cd AND by adding a negative term equal to 15% of unlevered EV. 6. Using the original debt amount of Liston (i.e., $ 140 million), compute Equity via comps using EV/Sales, EV/EBIT, EV/EBITDA, P/E, and P/Book value of equity. Do not combine the results—i.e., do not obtain a synthetic value for multiples. 7. Compute equity using comparable transactions with: P/E and EV/EBITDA. Do not combine the results. 8. Summarize your valuation results in a table. Which results are technically correct? How...
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...(pseudonym) who is continually off task and the teacher has tried many forms of reinforcement and punishments to try and change the students behavior, unsuccessfully. The teacher decided to implement a Disruptive Incident Barometer for Scott and three other students who were also frequently off task. “The individual disruptive incident barometer program enables the teacher to monitor the occurrence of a child’s target disruptive behaviors bu plotting each occurrence on the individual child’s disruptive incident barometer” (Cipani, 2008). The teacher will look at the how to measure the target behavior, what behaviors are included, baseline data for the student, how to select the behavior standard and what the student must achieve daily to receive the reinforcement. First, the target behavior much be determined. Scott, the target child, is frequently distracting other students from the lesson or seatwork. When the teacher is talking, he is whispering or poking another child. When the students are supposed to be working silently doing seatwork, his behavior is the same. The target behavior will be measured by using baseline data throughout the day, to determine how often the behavior occurs each day. The teacher will use the DIB without notifying the student of what she was doing in order to achieve an accurate baseline. The teacher will monitor the student for six days gathering the data and to determine at what point the student will no longer receive the reinforcer. A disruptive...
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...with? Application “Finder” On your mac make a script that opens one application. Show your instructor _______ initials tell application "Finder" to open folder "Documents" of home On your mac make a script that closes one application. Show your instructor _______ initials tell application "Finder" to close folder "Documents" of home 4 What does the “get” command do? “Get” can extract information or data into the scriptable element or object. On your mac make a script that shows the name of one application. Show your instructor _______ initials tell application "Finder" to get the name of front Finder window 5 What command can open the Finder window?tell application "Finder" to open home 6 How does the “Target” command used in the “chain of command” The target folder is contained by the Users folder that it's on the startup disk into the Finder application. 7 If the toolbar visible is “False” what happens to the toolbar? The toolbar wouldn't be displayed by the window. 8 What command controls the size of the window? Set the sidebar width of Finder window tell application "Finder" to set the sidebar width of Finder window 1 to 240 9 If a user wants to have a list view for all of their windows, what script would you...
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...competitive edges to succeed in this dynamic market. The current workplace is a buzz with technology that has transformed and redefined the work environment. With the introduction of new technology at the workplace, the contributions and productions of organizations have increased productivity and profitability in equal measures. This is through empowering employees through motivation and a departure from traditional forms of work by giving them control or rather autonomy over how, where and when they can accomplish their projects at work increasing their productivity (Karoly & Panis, 2004). The positive effects of technology around the workplace also involve creating a positive image for the organization to attract social advantages through target markets and to reduce the costs of production. There is however, challenges that have come about with the introduction of technology at the...
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...JC PENNEY STRATEGIC MARKETING PLAN 2012: PRODUCT STRATEGY A Paper Submitted to the Graduate Faculty of the North Dakota State University of Agriculture and Applied Science By Alisha Liane Ostlund In Partial Fulfillment for the Degree of MASTER OF SCIENCE Major Department: Apparel, Design, and Hospitality Management April 2012 Fargo, North Dakota North Dakota State University Graduate School Title JC Penney Strategic Marketing Plan 2012: Product Strategy By Alisha Liane Ostlund The Supervisory Committee certifies that this disquisition complies with North Dakota State University’s regulations and meets the accepted standards for the degree of MASTER OF SCIENCE SUPERVISORY COMMITTEE: Linda Manikowske Chair Holly Bastow-Shoop Jaeha Lee Gerry Macintosh Approved: 04-24-2012 Date Holly Bastow-Shoop Department Chair ABSTRACT The JCPenney Company has undergone a transition from a value retailer to a streamlined, customer-driven retailer in order to set itself apart from its biggest competitors, Macy’s and Kohl’s. Previously, JCP was focused on general, storewide promotions. Currently, JCP has retooled their image to reflect a standard set of prices and special savings. In this exploratory look at JCP’s merchandising strategy, both previous and new methods are examined and additional steps to improve the returns on merchandising investments are offered. During this study, a detailed examination of JCP’s internal and external environments...
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...Instructor’s Manual CASE TEACHING NOTES Marks & Spencer Nardine Collier and Gerry Johnson 1. Introduction This case study is about why one of the world’s most famous retails, Marks & Spencer, ran into trouble at the end of the 1990s and how it attempted to manage a programme of change to overcome those problems. It is therefore useful to explore issues concerned with organisational culture, strategic drift, strategic choice and the management of change. The case covers both the history of Marks & Spencer throughout the last century and, in more detail, from 1998 to 2004, the period when it moved from a position of market dominance to one in which it was deemed to be a take-over target. The case charts the attempts by its different chief executives to address the problems during this time and, therefore, the various change initiatives that were mounted. 2. Position of the case The case study relates, in particular, to the problems and means of managing strategic change in Marks & Spencer. So it is particularly related to the coverage of strategic inertia and strategic drift in chapter 1 and programmatic design and change in chapter 10. With this in mind it might be taught at the end of the strategy course. However, it could also be used as a case to require students to analyse the reasons for the problems of Marks & Spencer, not only in terms of organisational culture, but also in terms of the market and competitive position of the firm. In this sense it could be...
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...JC PENNEY STRATEGIC MARKETING PLAN 2012: PRODUCT STRATEGY A Paper Submitted to the Graduate Faculty of the North Dakota State University of Agriculture and Applied Science By Alisha Liane Ostlund In Partial Fulfillment for the Degree of MASTER OF SCIENCE Major Department: Apparel, Design, and Hospitality Management April 2012 Fargo, North Dakota North Dakota State University Graduate School Title JC Penney Strategic Marketing Plan 2012: Product Strategy By Alisha Liane Ostlund The Supervisory Committee certifies that this disquisition complies with North Dakota State University’s regulations and meets the accepted standards for the degree of MASTER OF SCIENCE SUPERVISORY COMMITTEE: Linda Manikowske Chair Holly Bastow-Shoop Jaeha Lee Gerry Macintosh Approved: 04-24-2012 Date Holly Bastow-Shoop Department Chair ABSTRACT The JCPenney Company has undergone a transition from a value retailer to a streamlined, customer-driven retailer in order to set itself apart from its biggest competitors, Macy’s and Kohl’s. Previously, JCP was focused on general, storewide promotions. Currently, JCP has retooled their image to reflect a standard set of prices and special savings. In this exploratory look at JCP’s merchandising strategy, both previous and new methods are examined and additional steps to improve the returns on merchandising investments are offered. During this study, a detailed examination of JCP’s internal and external environments has been conducted, and an analysis...
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...Jenny’s Closet Party LLC: Marketing Plan Presented By: Jennifer Smith Dr. Karen Mountain Marketing Management (MKT 500) Strayer University Thursday, June 5, 2014 Executive Summary What if I told you that you can get stylish clothing and accessories and the only catch was that you have to clean out your closet? If you said yes, then Jenny’s Closet Party is the dynamic answer for you. Jenny’s Closet Party LLC is designed with you in mind, by creating the ultimate “Girls Night Out” experience, combining fashion, food, and fun while mingling amongst friends. Uniquely swapping from one fashionista’s closet to another and the remaining items are donated to a local charity. Sounds the perfect win-win scenario right? Jenny’s Closet Party, “A great excuse to clean out your closet”. First Step: Upon receipt of an invitation or retrieval of flyer, specific details will be highlighted as to a theme, what items are being requested, deadline for dropping of your items and also what you should expect the day of the event. Go through your closet and find articles of clothing or accessories that you would like to swap. The items must be in style, of good quality and condition. Some of the categories (depending on theme) may include: clothing, shoes, earrings, scarfs, jackets etc. Second Step: Bring the items to the Donation Center at the Porter County Expo Center two weeks prior to events (Fridays) from 9:00 am – 5:00 pm. At this time you...
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