...Carter Racing Case Situation Bj Carter and Chris Carter are siblings and business partners. They have to decide to run their race car in a high stakes race against tougher competition than they have seen all year. The problem being, their car has failed 7 times out of 24 this season and if it fails in this race, not only will they be out a $50,000 engine, but they will also be out a full season contract from Goodstone worth two million per year. If they decide not to race, they will be out $15,000 in entry fees and for sure lose Goodstone and end up $80,000 in debt on the season. Lastly, if they race and they do blow and engine, they will lose a sponsorship worth $80,000 from oil company because they don’t want their name on a car that is blown and smoking on the side of the track. Problem The main problem that needs to be addressed is should they race the car given the risk it blows and they lose both sponsors and parts to replace a new engine. One thought was that the temperature on race day was at fault for gaskets going bad and ultimately causing engine failure. However, there does not seem to be a strong correlation between air temperature and engine failure. Analysis When deciding to run the car in the race, the Carter brothers need to analyze several aspects of the situation to make the decision that will be most beneficial for their business. It should also be noted that even with the given information provided to them, racing is a risk and there is no guarantee...
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...Drag Racing is a sport to see who has the best car. What is the history of Drag racing. Drag Racing is very fun to do and watch. If you have seen a race you know how fun they are. Drag racing is fun but dangerous. There are some cars that do not make it off the track in one piece or not run. A speed strip is 200 to 300 feet wide and 500 feet long and that is a big strip. But the longer the strip is the smaller it gets. The smaller the strip gets the faster the car gets and the harder it is to drive the car. The car may or may not lose control. People sometimes do not live if they do lose control. It is a very dangerous sport. But it all starts in the 1930s in a dry river bed. In the 1930s top steed was 100 mph...
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...or in part in any form. Spartan Race and “You’ll Know at the Finish Line” are registered trademarks of Spartan Race, Inc. Designed by Steven Mosier New York, NY Published by Spartan Press ISBN-13: 978-0615675183 ISBN-10: 0615675182 FOR SP A R T A NS A N D F U T U R E S P A R T A NS E V ER YW H ER E. WE GIVE SPECIAL THANKS TO OUR FAMILIES AND FRIENDS— ESPECIALLY OUR WIVES COURTNEY AND SLOAN, AND OUR CHILDREN JACK, JADE, CHARLIE, GRACE, AND CATHERINE— WHO SUPPORT AND INSPIRE OUR ADVENTURES AND MAKE THE SPARTAN LIFE REAL. 4 T A B LE O F C O N T EN T S 5 FOREWORD PREFACE WELCOME TO OBSTACLE RACING, THE ULTIMATE HUMAN SPORT THE SPARTAN BRAND OF OBSTACLE RACING JOIN THE OBSTACLE RACING COMMUNITY CHAPTER 1. MYTHS AND LEGENDS PRIMAL ELEMENTS: WATER AND LAND, MUD AND FIRE PRECURSOR EVENTS OBSTACLE AND CHALLENGE EVENTS: SKILL, ADVENTURE, AND MUD OBSTACLE RACING AS A FORMALIZED SPORT THE FOUNDING FEW FORGING A NEW SPARTAN LEGACY SPARTAN RACE LORE: IN THE BEGINNING … SPARTAN WARRIOR: JASON JAKSETIC SPARTAN WARRIOR: KEVIN GILLOTTI CHAPTER 2. THE SPARTAN BIBLE SPARTAN RACE PHILOSOPHY SPARTAN RACE ETHOS AND PURPOSE SPARTAN RACE ELEMENTS PITTSFIELD, VERMONT, OFFICIAL HOME TOWN OF THE SPARTAN NATION SPARTAN RACE LORE: THE BIRTH OF THE HURRICANE HEAT SPARTAN WARRIOR: JASON RITA SPARTAN WARRIOR: ROB SERRANO CHAPTER 3. THE FIVE ELEMENTS OF TOTAL FITNESS UNDERSTANDING AND MASTERING THE...
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...Writing 122 October 30, 2013 Is Automobile Racing a Sport? There are many arguments for and against auto racing actually being a sport. To understand this argument one needs to know what type of racing people are saying is a sport. Auto racing has been around as long as there have been automobiles. Every teenager, whether they admit it or not has raced. This type of racing however is not a sport if you ask me; this type of racing is known as street racing. On this type of racing people get together and race their suit up cars and see who is faster. There is no stress on the body, and not any practice needed to participate in this. This is one of the main reasons that most people believe that auto racing is not a sport. The type of racing mentioned above is not what most people consider auto racing and neither do I. Auto racing happens on ovals, drag strips, and road courses all across the world. No matter what kind of race track a driver is on it is demanding, both physically and mentally. The type of auto racing most people criticize is whether NASCAR is a sport or not. I understand why people would say that. It doesn’t take more than basic knowledge to drive a car; millions of people also drive a car on a daily basis. These people think driving a commute car and a NASCAR car is the same. Try driving a car which is heavier than a normal car and goes almost three times as fast. The National Association for Stock Car Auto Racing, most commonly known as (NASCAR) is fairly new...
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...Some people think that drag racing should be banned or illegal. They say it is something that is too dangerous to do. Drag racing is not just something one can play around with doing. It is a way of life, not just a hobby. Drag racing has been around for decades, brings people together, and gives a person an adrenaline rush. Racing has been viewed in many aspects through many years. People have raced on the back of horses, on motorcycles, and of course in motor vehicles. Drag racing, itself, has been around as long as cars have been on the road. It has become very popular within the last 50 to 60 years. There have been a great number of laws placed against drag racing on the public streets through these years. Now, many racers stick to taking their hot rods to the track to race them. At these tracks, many people come together to gawk and to talk big to each other. People often times try to bet on the car that they think will get down the track the quickest. Through everything, the people that have the same passion for racing, become a type of family. Everyone has each other’s backs. A racing family is completely different from any other type of...
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...Cadbury is a chocolate confectionary market that was started in 1824 by John Cadbury in Birmingham. He started with a shop selling coffee, tea, drinking chocolate and cocoa. This was started because he believed that alcohol was the main cause of poverty in the society. Therefore he thought chocolate drinks could be an alternative for alcohol. John was already selling 11 kinds of cocoa and 16 kinds of chocolate drinks by 1842. Benjamin, John’s brother also joined him in his company to form Cadbury Brothers of Birmingham. From there, their sons George and Richard carried out the business, expanding it and making lots of profits. The business was run by many generations till now by the Cadbury family. Now Roger Cadbury runs Cadbury since 1996.Currently Cadbury has operations in more than 50 countries around the world, including the United Kingdom, Ireland, Unites States, Australia, New Zealand and India. Cadbury has also involved itself in commitments such as the Cocoa sourcing commitments, Environmental commitments and The Cadbury Foundation. In 1905, Cadbury launched its Dairy Milk bar, with a higher proportion of milk than previous chocolate bars, and it became the company's best selling product by 1913. Fruit and Nut was introduced as part of the Dairy Milk line in 1928, soon followed by Whole Nut in 1933. By this point, Cadbury was the brand leader in the United Kingdom. Several other products accompanied these: Flake, Cream-filled eggs, Crunchie and Roses. Cadbury's Milk...
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...European Equity Research UK – Food & Drugs Retailers Madrid, October 6, 2010 TESCO Better International Should Help Re-rating RECOMMENDATION UPGRADED TO BUY FROM HOLD TARGET PRICE RAISED TO GBP490 FROM GBP450 BUY CURRENT PRICE: GBP430 TARGET PRICE: GBP490 Jaime Vázquez (+34) 91 289 5436 javazquez@gruposantander.com Borja Olcese (34) 91 289 1853 fdolcese@gruposantander.com We upgrade Tesco from Hold to Buy and raise our Dec-11 TP from GBp450 to GBp490. The two key highlights from the 1H11 results are the better than expected international LFLs in 2Q and the increased confidence in the US. Management provided more detail than usual at the presentation, which we believe denotes confidence. International LFL: 4.1% in 2Q after 0% in 1Q. We believe LFL is the key driver of CROI and not scale via openings. With better LFLs, the ‘maturing effect’ looks more credible to us. In the four most mature countries, the CROI of the mature assets (>4 years) is 220bp higher than the CROI of all assets. US to break even in 2012E/13E: the improvement in LFLs and other underlying metrics show that the key components of a profitable model are coming together. The worsening of overall losses in 1H from US$132mn to US$143mn is explained by the adverse leverage from new space and the acquisition of two supplier factories (US$10-15mn loss). This is a highly operationally geared business and improving LFLs is therefore key. UK: we agree with management that LFLs (Tesco’s and the industry’s)...
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...Corporation Community Building Responsibility: The analysis of how Cadbury balance the interests between interior and exterior stakeholders Being one of the global confectionery magnates, Cadbury operates a business incorporating production and promotion of sugary food in a worldwide scale. The flagship brands Cadbury Dairy Milk, Trident, Halls, Dentyne and Clorets underpin the leading position throughout the world for the corporation, with a significant market share of 10.1%. The renowned name ‘Cadbury’ and symbolic purple are manifestation of high-quality sweetmeat according to mindset of the consumers. However, a high profile in taking on the social responsibilities is gradually a necessity for this globalization era, as the emergence and lucidity of the social contract between the businesses and the society. Despite the provision of prevailing goods and services for consumption under a legitimate circumstance, the corporations are supposed to practice in a scope where the beneficial organizations can be achieved in a broader width. The trend for interests of stakeholders to be on the company’s agenda becomes one aspect of this invisible contractual relationship, rather than narrow down its mission for profits maximizaion for present and potential shareholders. This article aims at analysing and evaluating the balancing extent of the fulfillment between interests of shareholders and stakeholders outside the corporation by Cadbury Schweppes PLC. Enterprises, with an entitlement...
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...OBJECTIVE TO KNOW THE CUSTOMER PREFERENCE TOWARD THE CADBURY’S CHOCOLATES. TO KNOW THAT THE CONSUMERS ARE FULLY AWARE ABOUT THE CADBURY’S CHOCOLATES. Introduction The Cadbury’s Inc has taken the opportunity to offer us a broader view of chocolate category. The Cadbury India’s no.1 Chocolate is able to share with their market insights based upon unparalleled breath of chocolate experience. Cadbury has grown from strength to strength with new technologies being introduced to make the Cadbury confectionary business, one of the most efficient in the world. The merge in 1969 with Schweppes and the subsequent development of the business have led to Cadbury Schweppes taking the led in both, the confectionary and soft drink market in tech UK and becoming a major force in the international market. Cadbury Schweppes today manufactures product in 60 countries and a trade in staggering 120. The Cadbury story is a fascinating story of a family business that grew in one of the biggest, most loved chocolate brand in the world. A story that you will remember as the story of “The taste of life”. Milk chocolate for eating was first made by Cadbury in 1897 by adding milk powder paste to the dark...
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...Aizhamal Usubakunova WEC 09 Couse paper Proposal Toyota Motor Company Introduction: The introduction provides a brief overview of Toyota Company. This report will focus on; the automobile market, Toyota's background and its business, strategies of Toyota in both management and cross-cultural strategies, the recent financial performance of the organization in domestic and overseas automobile markets, reasons and challenges encouraging Toyota to invest overseas. Structure: 1) Overview of Toyota Industry Corporation’s business activities a) What is the contribution of Automobile Industry in world economy for todays? This section describes the role of automobile industry in world market and how affect for them. Also discuss the definition of automobile industry and innovation in last 10 years in this sector. i will write a brief information about changes and breakthrough new automobiles. b) Toyota: How does the legend become? This section represent about history and general information of Toyota Motors Company. Its describe how Toyota begin their business and how promote them. c) What are the strategies of Toyota Company? This sector present the strategies which use Toyota use to achieve. This section describes their mission and visions. Which logo and rule they use to develop business and became corporation. d) Which achievements they take? This chapter presents achievements of company. Which result gives their work and experience? ...
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...Abstract Auto racing is a multibillion-dollar industry and short of any major economic downturn, the projections are that it will keep growing. This includes the racing parts businesses and the revenue generated by the entertainment side of the business. If you are a racer, you support the aftermarket and the racing parts side of the business through the purchases you make to support your race team and the activities that support the team. Your role in this industry, from an economic system perspective, is to supply entertainment to the race fans. That is the value-added function that racers supply. Racers are in fact part of a much larger entertainment machine. You may not think of your individual team as a racing business, but it is-especially if you have any type of sponsor and you are providing value to that sponsor through advertising, product development, and general awareness of the sponsor's product to the race fans that may see your car. That is the chief reason that we have sponsors-to help them develop specific brand awareness. The goal is to motivate fans to purchase the product or services advertised on the car you race. You may generate other forms of revenue via prize money from winning races or by offering a good or a service to other racers that enables you to earn money. Starting a Racing Business Starting a racecar business can seem like a simple enough job for the average mechanic. They buy a car, build it to the track or sanctioning rules and specifications...
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...Plot Busted explosively out of police custody by his sister (Brewster) and best bud (Walker), Dominic Toretto (Diesel) gets to work on a heist in South America. But will crack DSS agent Luke Hobbs (Johnson) let the air out of his tyres once and for all? Review How to re-ignite an ageing franchise? Drop The Rock on it. The best thing, by far, in Fast Five (aka Fast & Furious 5) Dwayne Johnson hulks through the movie leaving testosterone trails in his wake. Clad in a flak jacket and a cage-fighter’s beard, he’s the man hunter “the FBI call when they want to catch someone” His body is hard as marble, his mind as sharp as Marple’s. There is literally nothing believable about the character, least of all his Blade Runner tech, yet from the moment he juggernauts on-screen, barking, “Rule number 2: Stay the fuck out of my way!” at a shrimpy South American cop, this quinquel goes from entertainingly stupid to joyously lunk-headed. In what may or may not be a reappropriation of the script for The Brazilian Job, the aborted Italian Job sequel, the set-up has Diesel’s Toretto in Rio de Janeiro, assembling a crew for the inevitable one last job. Their plan is to jack a corrupt businessman for $100 million — a sum that, in a film this overblown, seems positively unambitious. It requires the talents of all the old franchise ‘favourites’, from Tokyo street racer Han (Sung Kang) to mechanic Tej (Ludacris), though the film’s only street race is hastily skipped over. Don’t expect precision-built...
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...Competitive priorities can be viewed as the key capabilities that operations must improve and develop in order to compete successfully in a market segment. It also requires a marketing effort and multifunctional activities according to the needs of each market segment and translates those needs into the desired ability, or competitive priorities. (Lee and Larry, 1999). There are eight priority compete for the work, divided into four group are cost, quality, time and flexibility. (Lee and Larry, 1999). However, not all the situation that the firm can apply the change in all competitive priorities simultaneously: therefore, in the case of Toyota. Toyota considered competitive priorities because of its new brand campaign “Ideas for Good” (Pressroom, 2010) a unique initiative to focus on what companies are there for many years – advance automotive technology. Campaign builds on Toyota’s DNA – that is the possibility of the company such as quality, durability and reliability as well as its commitment to innovation, by exchanging ideas with customers to improve the quality of life beyond the automotive world. As the result, we are focusing more on the quality and cost. First of all, when the people talk about cost, they always want to minimize it: therefore, the term low-cost operations exist. While having the low-cost strategy, the company can increase their demand for the products, but it also reduces the profits if products cannot be produced at lower cost. In order to compete...
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...Title Page Table of Contents Executive Summary Section I—Organization Profile Background Information Brief Description Recent Successes and Struggles Current Industry Position Major Areas of Focus Vision and Mission Strategies Functional Points of Emphasis Research and Development Sales and Marketing Automotive sales make up for 89% of Toyota’s revenues. Its primary markets based on vehicles sold Japan (30%), North America (29%), Europe (12%), and Asia (14%). Since the global economic crisis and litigation, sales have significantly decreased in North America and Europe. Toyota sales are influenced by the quality, safety, reliability, design, price, performance, economy and utility of the vehicle. Majority of Toyota marketing depends on the geographical demographic and demand. Toyota is a brand that needed little marketing efforts until 2009. Their name said it all. Toyota’s timely introduction of new and redesigned vehicles also makes up for a number of sales. Most of their marketing effort happens during the unveiling or redesign of vehicles. Toyota does not stop short of bring their most artful designs to auto shows to boost consumer sales. Their new market is in India where they are in demand to produce quality vehicles at an affordable price. Finance Toyota Motor Corporation sales are at an all time low. Their revenues have decreased even more since 2009. The revenue received by other Financial Services and other segments are decreasing...
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...The Basics of Horseplay THE BASICS OF HORSEPLAY The two main types of wagers: 1. Straight wagers (These wagers only involve one horse): Win: You collect only if your horse finishes first. The minimum wager is $2 Place: You collect if your horse finishes first or second. However, if your horse wins, you only collect the Place payout. The minimum wager is $2. Show: You collect if your horse finishes first, second or third, but you collect only the Show payout. The minimum wager is $2. Across The Board: You are wagering on a horse to Win, Place and Show. You receive one ticket for all three wagers. If your horse wins, you receive Win, Place and Show payouts. If your horse finishes second, you receive Place and Show payouts; and if your horse is third, you receive the Show payout. Because you are actually placing three wagers, the minimum wager is $6. 2. Combination or “Exotic” wagers (These wagers involve two or more horses): Daily Double: To collect, you must select the winner of two races. For example, you must select the winner of the first race and the second race. Of course, you must place the wager before the first of your two races! Exacta: To collect, you must pick the horses that finish first and second in exact order. For example, if you play a 3-5 exacta, the #3 horse must Win and the #5 horse must Place (come in second) for you to collect. Exacta Box: Is made to guarantee the outcome of the first two finishers regardless of which horse wins. For example, if you box...
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