...SUPERIOR GRAIN ELEVATOR, INC. EXECUTIVE SUMMARY Superior Grain Elevator was located at Thunder Bay, Ontario, Canada’s third busiest port. With 14 giant grain elevators, Superior was able to load ships constantly sending grain to all parts of Eastern Canada and the globe. The ships were contracted for by agents who lined up the required tonnage of shipping capacity to fulfill the various contracts held with Superior. Although the agents tried to arrange for ships to arrive at Thunder Bay in a steady stream, the vagaries of lockage transfer times in the Seaway resulted in quite variable arrival times, at times forcing arriving ships to anchor when both wharfs were busy. This resulted in SGE having to incur demurrage charges at a rate of $2000 per day. Mike Armstrong, manager of port facilities for SGE, had just learned that the Canadian Government had negotiated a 5-year contract with Poland, and that Superior had been allocated some of the shipments. However, the two wharfs Superior currently had might not be enough to carry out the contract efficiently, and building a third wharf was being considered. The third wharf was estimated to cost $1,500,000. Superior Grain Elevator needs to consider the pros and cons of building a third wharf and decide if the benefits & savings will offset the cost of the investment. After careful consideration and analysis, using the ROI, NPV, FV formulas and @Risk, we do not recommend for SGE to build a third wharf. Even though the construction...
Words: 1662 - Pages: 7
...The Exotic Adventure Inc Case Case Synopsis The Exotic Adventure Inc, main objective was to offer the Amazon River Voyage an exciting journey consequently during a low water season. Nevertheless, the company had to make a complicating decision’s continuing on with the voyage during the low water season or canceling the voyage completely. In addition to those two option’s EAI had to make the proper decision hoping it will not affect their clientele with the company. State the Assignment Question In order to understand the concept of the Exotic Adventure Inc, in this case there are several question’s that should be addressed and analyzed. It’s possible to say that the information would continue to be ambiguous regarding the water level for the voyage. On the hand, the EAI would processed as planned and jeopardize not only the customers safety but losing a substantial about of funds for the company. Based on the case the main observation is that the company has five days to consult with those customers and cancel the trip or continue the voyage as planned despite the navigational information provided. Case Analysis Exotic Adventure Inc, (EAI) operated expedition style voyages primarily to the Polar Regions. These voyages were concentrated in the Arctic in the summer and Antarctica in the austral summer. As well, EAI operated voyages between seasons to the island of the South Pacific and the Atlantic and in the Amazon...
Words: 1154 - Pages: 5
...order for us to achieve the same goals and objectives per period. The company sets our quota periodically. At the end of the period, we discuss with our superior of what percentage we have achieved in a certain time. Aside from strategic congruence, Thoroughness is also present. We also follow the 4 dimensions in performance management. Employees are being evaluated at a certain period of time, once a year, including managers. Human resource will also evaluate our job descriptions as well as our responsibilities and duties. After being evaluated for a certain period of time, feedbacks are given to us regarding our performance for that period of time. 2. Two characteristics that are not present in our firm are the Identification of Effective and Ineffective performance and Reliability. There are some employees that are not working properly yet they are still receiving allowances and incentives. It is a combined effort of all employees disregard of what an employee has done to achieve monthly quota. We can also not secure in staying in the company even if you were trying so hard. Supervisor’s judgment in performance evaluation is not fair and not free of error. 3. The best characteristic that is present in our company is the strategic congruence. Our individual goal is aligned with the company’s goal. Our immediate superior always discusses to his...
Words: 422 - Pages: 2
...accountability based on “work and interaction”, in accordance with explaining the consequences of treating the individual not as an instrumental. In my personal opinion, I agree with an individualizing form of accountability because the organization stands for making a profit. In order to sustain and maintain the organization, a company needs to have a good performance, which brings it a profit. The hierarchical accountability is most suitable for this goal because it concentrates on securing self, as one is driven by the standard of acceptance and recognition. On the other hand, I do give a certain respect to attempting a socializing form of accountability. This form may benefit the company, as it facilitates a shift in focus away from superior control and makes a subordinate accountant have face-to face accountability between people of relatively equal power. However, it will eventually become a double-edged sword because this form of accountability leads to direct encounters between others. When that occurs, it...
Words: 304 - Pages: 2
...To show that the companies are now merged, one of the most common practices is to use “one company, one email”. That way everyone can see that the companies have merged. But we also need to know how many computers they are currently using as well as how many servers, both physical and virtual. This will allow us to assess the combined strength of their IT infrastructure. We also need to know what version of Windows Server they are using as well as what Exchange server that they are using, that will help us establish how we can migrate all the information to one server for the new company to access the combined information. This will also allow us to establish domain trust for both networks that way both companies can access and share information between all the users. We can use the Active Directory Migration Tool to help with the merger of information. The ADMT will allow us to migrate users, computers, and groups from one domain to another domain. Since we are using an Exchange Server we need the information for the other company so we can use the Inter-Organization Replication Tool to replicate all of the information between the exchange servers so they both have all of the information, emails and anything that has been sent. This will also allow the coordination of meetings, appointments, contacts and all public folders to share access. If one or more domain exist, as in a merger, you can combine the multiple domains into a hierarchical tree structure. If one company is using...
Words: 309 - Pages: 2
...Company Vision: A globally recognized company and at the forefront of the hospitality and real estate industry in the country that offers consistent products and services in key business and leisure destinations. We will be known for our innovation, exemplary service to both external & internal customers, and superior financial performance. Company Mission: We are committed to deliver quality products and services to exceed our clients’ satisfaction. We constantly achieve to reward them with superior experience and value for their money. Brief Historyof the Company and its Businesses: The company J. King & Sons Trading was started in 1950’s by family patriarch Jesus King. Beginning with a textile store called the King’s Remnants up to the 1960’s. In 1972 it was incorporated to J. King & Sons Company, where it ventures into real estate development. To date, the company business has diversified into: * Real Estate Leasing * Drive-In Hotel Operations * Hotel Operations * Health and Leisure * Real Estate Development * Laundry Operations Real Estate Leasing: J. King & Sons Company Inc. began to venture into the leasing of warehouses and commercials and residential spaces in 1970’s. It is now leasing over 200 warehouses in key areas of Cebu, Manila and Davao. Drive-In Hotels: In the mid-1990’s the company began focusing on the idea of a per day rental basis for its apartments to boost its real estate leasing business...
Words: 4451 - Pages: 18
...along with details of its global dispersion. The common name of the crop in Ethiopia is tef. It was chosen for its cultural significance and it’s importance Background In Ethiopia, about 4.9 million acres of land is devoted to its production every year. From 2003-2005 production statistics indicated that tef accounted for about 29% of the land and 20% of the gross grain production of all major cereal cultivation in the country (National Research Council). Eragrostis tef belongs to the grass family Poaceae, and is species of Eragrostis. It contains about 350 species and tef is the only cultivated cereal (Seyfu). Its name tef is originated from the Amharic word yate-tef-ah, which means, “lost”. Since the grains are so small they are easily misplaced (Kloman). It is the world’s smallest food grain and is as small as a grain of sand. It also has quite similar traits to other grains such as quinoa and millet. Tef grows anywhere from 30 to 120 cm in height, with slim stems and long, narrow, smooth leaves. It is a loose or compact panicle. The really small grains are 1.5 mm long, and there are about 2,700 seeds in a gram (Seyfu). The plant uses a Carbon 4 photosynthesis, which uses light efficiently while having low moisture demands. This gives the plant the ability to stand high heat and bright lighting therefore able to harvest in any unpredictable or difficult climate. Also the plant's resistance to diseases, pests, and heavy soils and it’s...
Words: 2893 - Pages: 12
...Carbohydrates Carbohydrates: Good Carbs Guide the Way ------------------------------------------------- Top of Form What Are Carbohydrates? Carbohydrates are found in a wide array of foods—bread, beans, milk, popcorn, potatoes, cookies, spaghetti, soft drinks, corn, and cherry pie. They also come in a variety of forms. The most common and abundant forms are sugars, fibers, and starches. The basic building block of every carbohydrate is a sugar molecule, a simple union of carbon, hydrogen, and oxygen. Starches and fibers are essentially chains of sugar molecules. Some contain hundreds of sugars. Some chains are straight, others branch wildly. Carbohydrates were once grouped into two main categories. Simple carbohydrates included sugars such as fruit sugar (fructose), corn or grape sugar (dextrose or glucose), and table sugar (sucrose). Complex carbohydrates included everything made of three or more linked sugars. Complex carbohydrates were thought to be the healthiest to eat, while simple carbohydrates weren’t so great. It turns out that the picture is more complicated than that. The digestive system handles all carbohydrates in much the same way—it breaks them down (or tries to break them down) into single sugar molecules, since only these are small enough to cross into the bloodstream. It also converts most digestible carbohydrates into glucose (also known as blood sugar), because cells are designed to use this as a universal energy source. Fiber is an exception. It...
Words: 22143 - Pages: 89
...sauces, and meals. Her team had been working hard for the past year on a fresh whole grain pizza. The final market research results had arrived, and it was time to make a decision on launching the product. In 2006, Eckstein, a brand manager, had led the introduction of Cucina Fresca, a fresh whole grain pasta meal kit sold through supermarkets. By the end of 2007, sales had reached $23 million, making it the most successful product launch in company history. However, growth had slowed in 2008 as competitors began offering similar products. Sustaining a competitive edge in the fresh Italian food category required continual innovation and, as a result, TruEarth had invested heavily in its pizza offering. Eckstein observed: We were aggressive in launching Cucina Fresca. We made a significant investment in new manufacturing equipment and the distribution infrastructure required to get fresh food to shelves quickly. Being a small company competing against Nestle and Kraft is not easy, but we do not make rash decisions. The success of Cucina Fresca was a calculated risk based on significant research. We think we can achieve similar success with pizza, but we will need to take a hard look at the numbers. Company Background TruEarth was founded in 1993 in St. Louis, Missouri, by Gareth DeRosa, a young entrepreneur. DeRosa saw an opportunity to market healthier gourmet pastas and sauces made from superior ingredients: In the 1980s, demand for healthy, gourmet products grew sharply. We...
Words: 1944 - Pages: 8
... call 1-800-545-7685, write Harvard Business Publishing, Boston, MA 02163, or go to http://www.hbsp.harvard.edu. This publication may not be digitized, photocopied, or otherwise reproduced, posted, or transmitted, without the permission of Harvard Business School. V. KASTURI RANGAN SUNRU YONG TruEarth Healthy Foods: Market Research for a New Product Introduction Isabel Eckstein strode toward her office, inhaling the aroma from the test kitchen where the product development team was trying new recipes for TruEarth, maker of gourmet pastas, sauces, and meals. Her team had been working hard for the past year on a fresh whole grain pizza. The final market research results had arrived, and it was time to make a decision on launching the product. In 2006, Eckstein, a brand manager, had led the introduction of Cucina Fresca, a fresh whole grain pasta meal kit sold through supermarkets. By the end of 2007, sales had reached $23 million, making it the most successful product launch in company history. However, growth had slowed in 2008 as competitors began offering similar products. Sustaining a competitive edge in the fresh Italian food category required continual innovation and, as a result, TruEarth had invested heavily...
Words: 5624 - Pages: 23
...stated versus implied objectives. The project objective for TruEarth is to successfully find the best way to enter the emerging whole grain pizza market and be the leader in this environment. As the health food industry has continued to boom, TruEarth needs to find the proper way to enter the fresh, healthy, non-frozen pizza market and appeal to those who want pizza, without the pre-existing health risks. As a company, TruEarth focuses their objectives on sustaining their competitive advantage over competitors in the healthy gourmet foods market when entering into the very profitable pizza market. TruEarth’s initial product launch of the Cucina Fresca brand of fresh cut pasta and sauces proved to be successful due to a first mover advantage in a market without a clear leader. The company must now decide what is going to sustain their competitive advantage: attempt to gain the first mover advantage in the pizza market by launching their product as quickly as possible, or take market research into consideration and tweak their product in order to have a better received product but risk first mover advantage. Gareth DeRosa, founder of TruEarth, had various personal objectives for starting his company as well as wanting to enter the whole grain pizza market. DeRosa saw an opportunity to market healthier gourmet pastas and sauces made from superior and...
Words: 2030 - Pages: 9
...Answer 1: * The market demand for ‘Home Meal Replacement’ was undergoing a shift from processed food to healthier options. Cucina Fresca fulfilled this demand. It was prepared from more fresh and superior ingredients and was destitute of “bad carbohydrates”. * The consumers wanted more whole grain in their intake. Cucina Fresca being whole grain pasta conformed to this parameter. * Cucina Fresca fitted the category of “semi-prepared”, “ready to eat” products which were in high demand by time deprived, dual income households. * The product line was varied and was perceived more tasty and healthy than competition. * Demand for refrigerated fresh pastas was growing faster than dry pastas. * The size of the package had the right portion of pasta and sauce making it convenient to cook. * TruEarth enjoyed the first mover advantage in market. * Cooking the pasta was quick and easy. Each package recommended the best sauce option. The consumer did not have to do any guess work. * The package came with instructions to customize the meal if desired, like add grilled chicken or shrimp. Pizza vs. Pasta: Opportunity- | Pizza | Pasta | Market size | $5.8 B | $4.4 B | Customer perspective | Indulgence | Meal | Source of extra revenue | Customer may purchase multiple toppings | Customer will purchase only one sauce for one packet of pasta | Competition | Local pizzerias, National and international chains, Kraft, Nestle | Rigazzi | First...
Words: 815 - Pages: 4
...next meal. Beginning the Weight Watcher plan, I learned how important breakfast is and how it gets you through to the next meal without feeling like you are starved. Recording what you eat helps to see what you are consuming and writing down a candy bar is something that I do not want to look back on so I don’t eat it. I do try to get in plenty of fruits and vegetables and cook low fat dinners for my daughters and myself. I did find that my fruits and vegetables were high, as well as my grains and protein but not at the recommended daily amounts. I did notice that I was low on dairy but I try to avoid drinking milk due to the high points that it accumulates with Weight Watchers. I really do need to incorporate more dairy in my diet and I now realize that there is a broad selection of dairy to choose from. I find that the evenings are hard for me and I want to snack more often. The MyPyramid Plan was very easy to interpret and understand. The plan suggests that I eat six ounces of grains a day, 2 ½ cups of vegetables, 2 cups of fruit, 3 cups of dairy, 5 ½ ounces of protein and 6 teaspoons of oils each day. I was low on all of these by not meeting the recommended servings, but close. The lowest group was milk and...
Words: 538 - Pages: 3
...Course & Section: SC300 – 16 Unit: 6 Date: April 5, 2012 My Two Meals I chose to research what I had for breakfast and lunch as my two meals to show the impact on our world from an ecological and economic perspective. Today my breakfast consists of two slices of whole grain toast, an omelet made with egg white, a cup of low-fat yoghurt with fruit topping, and a (60z) glass of Tropical Fruit Smoothie from Tropical Smoothie Cafe. For lunch I had Turkey quesadilla on whole-wheat tortillas and bottle water. Countries of origin: Whole grain Bread: Neena, WI Egg White: Jackson, MS Dannon Yoghurt: Minster, OH Tropical Fruit Smoothie: Destin, FL Turkey Quesadilla: East Springs, TX I purchased all of the products from Food Lion grocery store: The chain of events that took the product to get from the farm/laboratory to my table: Whole wheat bread- Once harvested, the wheat is milled and turned into flour. The basic process involves mixing of ingredients until the flour is converted into a stiff paste or dough, followed by baking the dough into a loaf. This is followed by the measurement of ingredients, mixing and kneading them properly, fermentation, baking and then cooling it. Egg White - The hatchery houses a flock of thousands of chickens. When the hens are ready to lay, they seek shelter in the coop. The eggs are collected from the coops, washed thoroughly and are positioned onto a conveyor belt. This conveyor is the beginning of a systemized process...
Words: 982 - Pages: 4
...reduced price. The number of students receiving subsidized lunches rose to 21 million last school year from 18 million in 2006-7, a 17 percent increase, according to an analysis by The New York Times of data from the Department of Agriculture (Dillion, 2011). The Palm Beach County School District has altered its breakfast and lunch programs to improve nutrition and health for all students. The new Federal Nutrition Standards require schools to offer students more fruit, vegetables, and whole grains and to limit the sodium, calories, saturated and trans fat in school meals according to the School Nutrition Association (SNA 2012). Most notably, cafeterias are serving fruits and vegetable in a variety of ways to appeal to students diverse preferences,( 2012). The school also takes the steps to make favorites healthy choices. In 42% of the responding school districts, pizza is the most popular lunch entrée served (SNA, 2012). Over 92% of the district is serving pizza with a whole-grain rich crust. The district also report serving now student favorites that are low sodium, low fat and reduce sugar. According to the...
Words: 1905 - Pages: 8
