...Statistical Analysis Results for The Finer Diner Sales Proposal Introduction Cost, time and prospect is the tools used to base effective business decisions. Calculating time cost, money cost, and return on forecast, all are based on data mining, marketing research, information analysis and findings. Statistics is way to finding the answer. Statistics – The Method of Organizing Data Generally, statistics is a set of disciplines to analyze quantitative information. Statistics entails all aspects of information: comprehending, collecting, communicating, organizing, and interpreting. All of these are the key reference for forecasting consequences or decision making. Thus, it permits us to estimate the extent of our errors. Purchasing a Business It is not an easy task or decision to purchase a business. Before the final decision is made there are many things to consider. To start with, what exactly do you want to achieve? For whatever reason, you must be sure that it is something that you are ready to devote a large amount of time and energy too. Otherwise, you might be trapped into doing something that you loathe. You must ask yourself how far you are ready to commit. How much of your own time, energy, and money are you willing to sacrifice? Finer Diner Sales Proposal The owner of the Finer Diner submitted a proposal to you in hopes of selling the business to you. His asking price is $250,000. Your...
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...Sales and Accounts Receivable Proposal Invoicing – All sales should have a proper invoice prepared containing all relevant information, customer name, dollar value, item purchased, etc. Each invoice should have a numerical code applied to it and each subsequent invoice should have the next number in the sequence. Each invoice can then be tracked through open accounts receivable. Authorization of Credit Memos – The creation of a credit memo should require manager approval. Requiring manager approval will help prevent theft as it will not allow employees to hide incoming payments and possible divert funds to an alternate account. Billing Software Access – Only authorized users should have access to the billing software. Each authorized user should have a unique user name and password. Restricting access to the billing software can aid in preventing theft by limiting the maker functionality of credit memos/ Segregation of Duties - No one person should have access to handle both incoming payments and the creation of credit memos. If one individual has access to both processes the possibility of theft from the creation of false memos exists. Therefore, the duties should be assigned to different people. Reconciliation of Billings and Shipments – A reconciliation of shipments to receivables should be performed. This step will ensure that all shipments have been properly recorded as a receivable. Audit of Payments - To reduce the risk of incorrect application of payments...
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...which account for 78% of total sales. (Exhibit 2) Other products include Low sodium RTE “Heart Healthy”, dry soups and mixes and private label and Annabelle’s fast and simply. Annabelle’s was a soup company acquired 5 years ago in order to add healthier sups, dry soups and fast to the company’s portfolio, a growing trend in the market. In terms of costumer perception of Brannigan comparing with competition, Brannigan’s falls behind in the following: - Health trends - Diet claims - Convenience offerings - Flavors-especially popular regional ones - Seasonal products outside cold weather ! Retailers perceive Brannigan to be: -Category leader -not innovative -less profitable than store brands and competition ! Over the past 3 years the results of the division have been decreasing and there are several reasons behind this: - The whole soup industry has been declining for several years. The Lisbon MBA Class 2014 Ana Amaral 1 Marketing Management - The largest and most loyal segment of soup consumers, the baby boomers, which account for 20% of American population and are the main target, have been showing increasing concerns with processed food and high sodium content shifting to healthier alternatives. - Increasing trend within working mothers who tended to prefer “convenience”. ! Bert Clark, vice-president and general manager of Brannigan Foods’ Soup Division needs to take action and present a plan to senior management to go back to growing sales within the division and...
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...CASE NO.1 The Compu-Blitz Shop Problem Identification As a new manager, what would be the best strategies will you implement? Decision I will deliberate with my employees to make a summary of the past records of the COMPU-BLITZ SHOP to find out what other problems, needs to buy or even financial. We will also focuses in observing the costumers and as well as the competitors for us to know the competitors advantages and to know what people usually buy in a computer shop and the following are resulting a good strategies towards success. Execution After deliberating you will find out what other problems of COMPU-BLITZ SHOP then enumerate the following problem. First is the total cost of the things need to be done is P780,000 and the COMPU-BLITZ SHOP has only P50,000 and you invested an amount of P300,000 From own savings to help the funding alternatives P300,000 and a total of P350,00. Therefore you have an insufficient amount of money to sustain all the needs of the shop that is why you need to have a list of things need to go first before other things that are not much more important to budget the small amount. And for the new strategies, you will think for a good advertisement that is not much expensive but still effective that surely positioned in the mind of the costumers In a computer literacy, you don’t have to undergo that very expensive computer literacy seminar, because as an M.B.A graduate you could have some outsourcing...
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...Center Prob What action are needed to make in the control systems of Quality in order to achieve higher levels of sales and profits? The group is taking the point of view of Edward Brown, president and chief executive officer of Quality Metal Service Center Analysis ROA is the indicator that the company is profitable or the company’s assets generates revenue. The Economic Value Added is a good measure for evaluation of the performance of investment centers, The current compensation system of district managers is affected by his or her region’s performance, 75% was based on district performance and 25% was based on his or her region’s performance. The investment in machine of $540,000, 10 years cash inflow of $286,000 yields PV of cash inflow of $39,182 and a payback period of 4.5 years. Ken Richards proposal can make a lot of profit for the company The bonus of the district managers should be solely based on his district’s performance so that they will not be affected by the poor performance of others or motivation not to perform well because they will still have good bonus if the region performs well while his or her district is not. Reco Accept the capital investment proposal to Quality because the payback period of 4.5 years is lower than the standard of 10 years and QMSC will have positive cash flow. Ken Richards should send the proposal to the home office for approval because this will increase the market share and a lot of profits for the company. EVA...
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...Volume 77, Number 205 (Tuesday, October 23, 2012). International Mailing Services: Proposed Product and Price Changes. My business utilizes The United States Postal Service for small shipments and packages.. The price increase in product and service for international mailing could heavily affect our business. Thirty percent of our products are ordered by foreign customers. For the whole online selling industry, we will lose a large revenue if the new regulation is passed and applied to both individual and business. 2. Describe the proposal/change. (10 points) The proposal will increase the cost of USPS mailing services including First-Class Mail International and extra services. The Postal Service proposes to adjust the price of various sections of Mailing Standards of United Stated Post Service. The proposal is filed in October 2012 and could be affective on January 2013. 3. Write the public comment which you would submit to this proposal. If the proposed regulation deadline has already passed, write the comment you would have submitted. Explain briefly what you wish to accomplish with your comment. (10 points) The current cost for international mail is already expensive. Selling goods online...
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...Income | $(220,000) | The president of Baska, Rob Keen, is very concerned about the company’s operations. He has discussed the situation with Operations Manager, Don Bell, and controller, Clair Watson. After two weeks, Don returns with a proposal. After researching various component parts, he advises that he can reduce variable costs to 48% of revenues by changing both the direct materials and the production process. The downside of this proposal is that the new direct material (although cheaper) results in more waste and is more toxic to the environment. Currently, waste produced in the production process does not require any special treatment and is disposed of normally. Don points out that there are no current specific laws governing the disposal of this waste created by the use of the new material, and therefore production costs can be cut by using this material. Clair is concerned that this would expose the company to potential environmental liabilities. She believes that these potential future costs need to be estimated and included in the analysis. Don disagrees and reiterates that there are no laws being violated and replies, “There is some possibility that we may have to incur costs in the future, but if we bring it up now, this proposal will not go through because our senior management always assumes these costs to be larger than they are. The market is very tough and we are in danger of shutting down the company. We don’t want all our colleagues to lose their jobs. The...
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...$(220,000) The president of Baska, Rob Keen, is very concerned about the company’s operations. He has discussed the situation with Operations Manager, Don Bell and controller, Clair Watson. After two weeks, Don returns with a proposal. After researching various component parts, he advises that he can reduce variable costs to 48% of revenues by changing both the direct materials and the production process. The downside of this proposal is that the new direct material (although cheaper) results in more waste and is more toxic to the environment. Currently, waste produced in the production process does not require any special treatment and is disposed of normally. Don points out that there are no current specific laws governing the disposal of this waste created by the use of the new material, and therefore production costs can be cut by using this material. Clair is concerned that this would expose the company to potential environmental liabilities. She believes that these potential future costs need to be estimated and included in the analysis. Don disagrees and reiterates that there are no laws being violated and replies, “There is some possibility that we may have to incur costs in the future, but if we bring it up now, this proposal will not go through because our senior management always assumes these costs to be larger than they are. The market is very tough and we are in danger of shutting down the company. We don’t want all our colleagues to lose their...
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...New System Proposal Team B CIS/207 January 16, 2013 New System Proposal Riordan Manufacturing Company is leader in industry, and the company uses polymer materials to create solutions to customers. Dr. Riordan, a professor of chemistry founded Riordan Plastics Inc. by 1993 the company went to Riordan Plastics Inc. to Riordan Manufacturing Company and expanded the company into China. In 1991 the company supported commercial applications for his patent and the customers that use the products are the manufacturer of automotive parts, appliance manufactures, the manufactures of aircrafts, and the Department of Defense (DoD), alone with bottlers, and beverage makers (Riordan Mfg., 2012). The company’s earnings are $46 million and the total revenue excesses $1 Billion. Riordan Manufacturing Company has over 500 employees in Albany GA, Pontiac MI, and Hangzhou China (Riordan Mfg., 2012). Looking into the company’s system, there isn’t any security features established to prevent anyone from accessing information on the company’s intranet. Logins should be required to access the information within the company’s intranet and also should be monitored by the IT department. When the company expanded their operations in to Hangzhou China the fan manufacturing operation moved from Pontiac Michigan to Hangzhou China, team B need to look at the financing and accounting department systems because it was never addressed on the switch, just added more software...
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...PERIOD: October 2012- January 2013 Semester LECTURER SETTING ASSESSMENT: - Rajendra Kumar & Tatiana Pavlovsky DATE ASSESSMENT SET AND LOADED ON TO STUDENT PORTAL:- 10/2011 DATE ASSESSMENT TO BE COMPLETED AND SUBMITTTED:- Individual presentation on & Course work submission on20th of December ---------------------------------------------------------------------------------------------------------------- Assessment Type: [E.G. Examination: Assignment: Presentation: Integrative Case Study: Business Development Proposal: Dissertation] “Individual Presentation (20%) and Individual Coursework (80%) ----------------------------------------------------------------------------------------------------------------------- Indicative Assessment Requirements for the Module;- Individual Presentation and supporting documentation ( Students are expected to do individual presentation ( five power point slides) and submit a new business proposal -- Maximum Word Limit and Assessment weighting for each aspect within the assessment: Individual presentation: maximum 5 Power Point Slides (deemed to be equivalent to 1000 words); Assessment Weighting 20%. Individual assessment contribution (an individual set of supporting documentation from each student equivalent to 6000 words absolute maximum); Assessment Weighting 80% ----------------------------------------------------------------------------------------------------------------------- Description of...
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...Request for Proposal UK‐1357‐14 Proposal Due Date – 04/17/14 Environmental Health & Safety Software‐Based Research Facilities Inspection and Recordkeeping System An Equal Opportunity University REQUEST FOR PROPOSAL (RFP) ATTENTION: This is not an order. Read all instructions, terms and conditions carefully. PROPOSAL NO.: Issue Date: UK-1357-14 RETURN ORIGINAL COPY OF PROPOSAL TO: 3/20/2014 UNIVERSITY OF KENTUCKY Environmental Health & Safety SoftwarePURCHASING DIVISION Based Research Facilities Inspection and 411 S LIMESTONE Title: Recordkeeping System ROOM 322 PETERSON SERVICE BLDG. Purchasing Officer: Joyce Holmberg LEXINGTON, KY 40506-0005 Phone: 859-257-9104 IMPORTANT: PROPOSALS MUST BE RECEIVED BY: April 17, 2014 @ 3 P.M. LEXINGTON, KY TIME. 1. NOTICE OF REQUIREMENTS The University’s General Terms and Conditions and Instructions to Bidders, viewable at www.uky.edu/Purchasing/terms.htm, apply to this RFP. When the RFP includes construction services, the University’s General Conditions for Construction and Instructions to Bidders, viewable at www.uky.edu/Purchasing/ccphome.htm, apply to the RFP. Contracts resulting from this RFP must be governed by and in accordance with the laws of the Commonwealth of Kentucky. Any agreement or collusion among offerors or prospective offerors, which restrains, tends to restrain, or is reasonably calculated to restrain competition by agreement to bid at a fixed price or to refrain from offering, or otherwise, is prohibited...
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...totally decentralized governance and how changing to a centralized governance leads to unrest and resistance. It also illustrates how the cultural/managerial change effects the business decisions needed to be made by a company to achieve success. Essentially, the case shows that IT governance must be aligned with business activities and tie all functions together to support the company’s strategy. 2. Problem Statement Will BPOC give a go-ahead for the proposal that the customer advocacy group was proposing? The proposal was to build a state-of-the-art customer interaction network that would centralize all incoming calls into a globally managed set of contact centers. Though this is a potentially valuable project, CISCO’s new centralized governance means that the customer advocacy group needs to get an approval from the BPOC. Will the BPOC realize the potential? Will it support the project and commit to a full cross-border and cross-functional implementation? If I was in Boston’s shoes, do I think he should approve the proposal? 3. Proposed Solution First, we need to understand the new strategies put in place by the CIO Brad Boston in late 2001 and why the new strategy faces resistance. This directly has an effect on the result of the BPOC’s decision on whether to go ahead with the central call center or not and how it might affect...
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...Devry ENGL 216 Complete Lourse-Latest 2015 December (All Discussions All Homework And Complete Course Project) IF You Want To Purchase A+ Work then Click The Link Below For Instant Down Load http://www.hwspeed.com/Devry-ENGL-216-Complete-Lourse-Latest-2015-December-111325874.htm?categoryId=-1 IF You Face Any Problem Then E Mail Us At JOHNMATE1122@GMAIL.COM Question week 1 Technical Communication at Work (graded) As you read Chapter 1, you will learn that communication skills are critical in the workplace and that technical writing is used in virtually every work environment. For this discussion, locate a technical document from your workplace or from home or the Internet, preferably one that might be found in your career field. Note that Figure 1-1 (page 4) provides a list of technical communication examples. Using the five goals and features of technical communication listed in the textbook (page 4), describe how the document addresses these characteristics. Then, discuss whether or not you feel the document is successful in its overall goal. Provide examples from the document to illustrate. If possible, share the document by posting a link or a PDF of the sample used. Audience Culture and Analysis (graded) As our text states, “one cardinal rule governs all on-the-job writing: Write for your reader, not for yourself” (page 41). This requires a solid audience analysis. As part of this analysis, you must also consider the audience's cultural...
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...CITY OF NEW ORLEANS 2013 Budget Proposal October 29th, 2012 10/29/2012 Mayor’s Office of Communications 2013 Budget Presentation • Background • Performance Management/Review of Improvements • 2013 Budget Proposal 2 2013 Budget Proposal Funding Cuts at the State and Federal level are posing significant budgeting challenges for municipalities across the U.S. ● Nearly 48% of cities plan to reduce workforce this year ● Los Angeles predicts over 200 City jobs will be eliminated due to budgetary challenges ● San Bernardino closing all but one library and reducing 100 jobs including Police and Fire positions ● The State of Louisiana is not meeting its obligation to fund District Attorney, Indigent Defender, or mental health We must continue to take action to be smart about how we get smaller 3 2013 Budget Proposal The Landrieu Administration addressed an inherited $97M spending gap Budget Comparison $550M 2009 Expenditure $528M 500 110 450 $431M $97M Gap 400 418 431 Gap Recurring Revenue 2010 350 300 2009 Note: One-time revenue sources not included in chart 4 2013 Budget Proposal First step to eliminating gap was to reverse the spending trend Annual Expenses $550M $528.0M $496.0M 500 $483.0M $479.9M $477.8M* $50.2M Difference 450 400 350 *= Proposed $477.8M expenditure does not include $13.4M appropriation to fund balance. Including fund balance contribution, the City is proposing a budget...
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...manufactured by EBI. Prior to making a decision on whether or not EBI should accept or deny the proposal from GDI, EBI must consider the results from a cost and strategic analysis that focus on the benefits and disadvantages from accepting or rejecting the proposal, both short-term and long-term. After careful assessment of the analysis, EBI will then have a clear view on how the proposal will affect the business and allow the organization to implement the best course of action. EBI’s Chief Financial Officer (CFO), Fred Stanley, has already provided initial calculations to assist in the decision-making process. The CFO has calculated a full cost of three dollars per jar of baby food for EBI to manufacture and distribute its own products. However, one dollar is calculated as irrelevant fixed overhead. The variable costs total two dollars per jar of baby food which are thee costs that EBI would be responsible for if it accepts the proposal from GDI. If the proposal is accepted, GDI will agree to pay EBI three dollars and ten cents per jar of baby food. For each jar of baby food that is manufactured by EBI and distributed by GDI, EBI will see a one dollar and ten cent contribution to income calculated as follows: Special Order Price – Relevant Costs = Contribution to Income $3.10 - $2.00 = $1.10 However, EBI cannot make a decision based solely on a cost analysis and must further review the proposal from a strategic...
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