...salesperson on FirstAmerica Bank's trading floor is assisting a top salesperson, Linda, on a deal to finance the construction of a new cruise ship for Poseidon Cruise Lines. While the terms of the deal are being worked out, he realizes Linda has taken advantage of the Poseidon executives' unfamiliarity with complex financial structures to build an outrageously high profit margin into the deal. When the executives become suspicious of the prices FirstAmerica is quoting, Linda asks the protoganist to send them an intentionally misleading fax so that the deal will not be held up. Holding the personal belief that "before a blind man you shall not put a stumpling block," he does not know if he can bring himself to send the information. Back ground: One guy ( Mr. Big as assumed name ) had been worked on the FirstAmerica Bank’s main trading floor in New York, Specialized in cross-currency interest rate swaps as an assistant manager. March 1986 At work he worked with 3 vice president and especially Linda who has a extremely volatile and hot temper, but she was good at her work to pursuing new business, close the deal and ensuring that she received full credit for any profitable transactions. On September 1986 he start working with Linda and get use to her style. Then start working with Poseidon Cruise Lines that deal with FirstAmerica’s Bank, mostly 20-30 million transaction. But the new deal to build the most luxury French cruise. The cost of Poseidon Cruise will be 700 million...
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...Question 1: HAVE SUPERMARKETS BECOME TOO BIG TO THE EXTENT THAT THEY ARE DAMAGING COMPETITION Question 2: THE DOMINANCE OF THE BIG FOUR SUPERMARKETS IN THE GROCERY MARKET MEAN THAT THERE IS AN INCREASED RISK OF CONSUMERS GETTING A POOR DEAL A poor deal will have different meaning for consumers for instance consumers with a higher income would not mind paying a higher price for a good quality product and for them this would be considered a good deal however for consumers with lower incomes the same deal would be considered poor as they do not have such a large budget. A poor deal can either mean a product of poor quality which is retail at a higher price with less variety of product so consumers have limited choice or it can mean a poor quality product, retailing at a very low price because the supermarkets are competing with each other to attract consumers and this is affecting the quality of the product. On the other hand this might only be true if the big four supermarkets dominate the market so instead of it being an oligopoly market, the grocery market would be considered a monopoly market. The BIG 4 would be able to this by opening small stores such as Tesco Express around local small convenience stores and making them out of business as Tesco benefits from economies of scales so it can charge a lower price in comparison to the local independent stores, which would make Tesco more attractive to consumers. Also the big four have some sort of loyalty cards deal which offer...
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...is less capable of handling conflicts domestically than on her job. The mother is bereavement counselor, and it is suggested numerous times that she needs to distance herself from her job when she’s at home. She has difficulties dealing with the constant intrigues between her daughters. She tends to take Rachel’s advantage, because she’s the tidy and conscientious one while flora is a mess and desperately trying to get her mother’s attention. (…)It made her feel taller, braver, cleverer, and Rachel was all those things already(…)The mother neglects her children and is not willing to deal with their problems. This obviously had an effect on the two sisters and in particular on Flora. The mother deals with her client’s problems and issues professionally and therefore she has a great need of a safe and loving environment, when she’s of work. She needs to outdistance the client’s problems and deal with her own problems instead. The children’s perpetual fights are too much for her to dealing with. (…)All day she had sat tearful needy people. It was her birthday, and she wanted to relax. She wanted to feel loved(…) In the end her neglect of her daughters leads to her “loss” of not only Rachel but also Flora. She involuntarily pushes her daughters away from her by not dealing with their disputes. The relationship between the two sisters is mostly characterized by...
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...Ethics At Airbus 1) In each of the cases described above who benefits and who suffers from the alleged ethical and legal lapses of Airbus? Ans – When we observe across cases, its mostly the state and the airline company who is at loss due to these legal and ethical lapses Airbus – Sabena Case: As long as Van Espen’s case does not prove anything against any party, Airbus has gained significantly from the deal as it would have earned around $5bn order from the deal. The party which suffered significant loss should be the state as the Belgian government had 50.5% stake KAC – Airbus: Airbus gained a much needed order bill of around $1.1bn and possible order of $0.9bn, the employees of KAC Mr Al Mishari and its subsidiary ALAFCO, Dr. Mallalah & Mr El Fekih possibly would have earned (only a possibility) whereas the state of Kuwait higher costs, lost cash, earned higher depreciation costs and probably had to write-off it off India Inc. & Airbus: Airbus like all other cases earned the order book despite Boeing offered a deal to the Indian government $140mn cheaper. The state and eventually the airline paid $140mn more, raising its depreciation costs, debt service costs and got hold of carriers which were not properly tested thus risking the life of passengers Across cases observed, Airbus has been smart enough to save itself a persecution almost anywhere and has got large order books worth billions of dollars acquiring half of the market share but if Airbus is found...
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...e-commerce does Groupon Now! utilize? * Ubiquity: Groupon now offers local deals at any moment of the day. * Global Reach: Groupon features a daily deal on the best stuff to do, see, eat, and buy in 48 countries, and soon beyond (read: Space). We have about 10,000 employees working across our Chicago headquarters, a growing office in Palo Alto, CA, local markets throughout North America and regional offices in Europe, Latin America, Asia and around the world. * Interactivity: Since the payment information is saved with the Groupon account you can just tap on a deal to purchase it. The app will give you a scannable barcode that the shop offering the deal can read using the Groupon NOW app. * Personalization and customization: Groupon personalizes “deals” for users who supply some information about themselves, such as their zip code, gender and age, and it will make sure you see the deals most relevant to you. * Information density: Groupon now share with the user many promotions according to the place, so the user can compare options and select the one he likes more. * Richness: If the user finds a deal he or she likes, that person “buys” the deal online via Groupon. The user can print the voucher or bring it up to display on a mobile device. 2. What value does this service provide subscribing merchants? What value does it provide customers? SUBSCRIBING MERCHANTS * A deal in Groupon becomes available only if a certain number of people sign up for...
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...impossible to deny that majority of population is stuck in a boring routine and would love to explore different things. In addition to that the world is more and more “online”, so it became logical that creating a website/app to help people find attractive and cheap deals to have fun would be a success! They solved a really complex problem, which is engage with local customers so it’s possible to adapt Groupon to local communities. 2) What is the Groupon promise? How does the Groupon Promise affect a consumer’s perceived risk and cognitive dissonance? According to Groupon’s founder, his company promise is: “Any costumer can return a Groupon, no questions asked - even if they used it - if they feel like Groupon has let them down.”. Giving to consumers the opportunity of “returning” a coupon even if it was used without any questions reduces post purchase anxiety or tension. Some studies shows that satisfaction affects consumers chances to repeat a purchase of determined brand. With that in mind it became possible to affirm that consumers feel secure about their purchase due to Groupon’s return policy. 3) Describe the five-stage purchase decision process for a typical Groupon user. A- Problem Recognition. Groupon shows new deals (via email/notification etc) that intend to attract consumers needs, offering an opportunity to do something that is not commonly done by the consumer. B- Information Search: A Groupon offer will usually start an “internal search,” so the consumer will reflect...
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...Canstar Blue’s Most Satisfied Customers Award – Supermarkets for the third time in four years. It is also the fourth consecutive year the discount supermarket chain has received a five star rating from the Australian public for offering value for money. Of the other supermarkets mentioned in the study, Foodland received five star ratings for quality of products, customer service and accessibility of staff, layout of store, and freshness of fruit, vegetables and meat. Coles earned top marks for quality of products, range of products, customer service and accessibility of staff, and layout of stores, and Woolworths saw five star ratings for range of products and layout of stores. The Canstar Blue survey, of 2500 Australian adults, shows that 53 per cent are loyal to their supermarket. Of those, 66 per cent cited familiarity with the store as the main reason for their loyalty, while 56 per cent said it was closest to their home and 53 per cent said they have a loyalty card and enjoy collecting reward points for their loyalty. About a third of respondents (35 per cent) also said they prefer the products they buy there to any other supermarket. Sixty five per cent of survey respondents believe their usual supermarket offers the best value for money, while 58 per cent find the quality of supermarket private label brands to be as good as the big brands and 46 per cent believe they could get their groceries cheaper at a different supermarket but prefer the convenience of the one they...
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...kingdom-uk/ 2013: 17.2% 2012: 17.6% http://www.theguardian.com/business/2013/nov/19/britain-supermarkets-market-share-fall-tesco-sainsburys-lidl 2011: 17.1% 2010: 17.6% http://www.theguardian.com/business/2011/aug/16/supermarkets-market-share-kantar 2009: 17% http://www.economicshelp.org/blog/6288/economics/uk-grocery-market-share/ The table on the right shows ASDA’s market share from 2009 to 2014, as you can see they have had a mixture of growths, at times the growth declined. Currently their market share is at 17.2%, which means they have the second highest percentage, they are only behind Tesco. ASDA’s newest news on what’s going on within the company would be the false advertising, this has been a big problem for them. The problem was that they stated in their advertisement that they had many products cheaper than Argos, although that may be true the way the stated it was wrong. They had said to have around 139 products that were cheaper than the ones sold In Argos and they also said that an independence price checker found out this information. However this figure that ASDA had generated and advertised was completely wrong. In fact Argos had much more cheaper products, Argos had claimed to have around 336 products which were cheaper in their stores compared to ASDA. Due to this problem, it caused many ASDA customers to find alternative supermarkets to shop at as this cause and raised many trust issues within the customers. The customers ASDA had thought...
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...DeVry University November 18, 2012 Home-grown vs. Store-bought Is it more cost effective to grow your own produce or to buy it in the supermarket? This question constantly came to mind after acquiring .92 acres of land two years ago. I usually make 10 or more trips to the supermarket in one month even after I do my big shopping at the beginning of the month. My trips following my first of the month are almost always for my produce. I spend more money on gas going to the store than I do to get to work. It is more cost effective to grow your own produce at home than to buy it in the supermarkets, because they spoil quickly and are not always fresh when you are ready to use them. You also save money on gas making trips to the grocery store twice a week to buy produce because they are not readily available at home when you need them. It is more cost effective to grow your own produce at home than to buy it in the supermarkets, because they spoil quickly and are not always fresh when you are ready to use them. Some would say that it is more convenient to buy produce at the supermarket because gardening requires too much work and time and this is practically impossible if you have a full-time job and a family to deal with. I disagree with this point because I have a full-time job, attend college online full-time and a family to deal with. I also have a new born baby and I am still able to grow my own green peppers, red peppers, thyme, cucumbers, avocado, pumpkin, papaya...
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...com/resources/downloads/farmers-market-study.pdf http://www.thefoodtrust.org/catalog/download.php?product_id=158 Supermarket produce is not as fresh as farmers’ market fare. Some items are coated or treated to give the appearance of freshness. Supermarket produce typically loses nutritional value as it is transported from California or Peru. (One local supermarket puts a “locally grown” sign on produce that takes less than six hours to arrive by truck. While that’s a step in the right direction, I expect the Salisbury Farmers’ Market averages about twenty minutes.) Produce in supermarket bins tends to come from large producers who use heavy pesticides and petroleum-based fertilizers to provide “perfect” specimens for the consumer. (Supermarkets do typically carry certified organic produce which are not grown with certain pesticides and petroleum-based fertilizers. They are quite expensive and typically shipped across the country.) Produce in supermarkets tends to be varieties that ship well, but don’t necessarily taste good. You might imagine that attributes that help a tomato endure shipping abuse and a long shelf life may not be the same attributes that make for tender, tasty flesh. Let’s count the ways that supermarkets make most sense. First, they are incredibly convenient. Open 7 days a week and many 24-hours a day, supermarkets provide dependability and availability without fail. there are deals. More deals than ever before like 10/$10 and member/subscriber discounts. These are good for saving...
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...story “Brownies” by Z. Z. Parker and the poem “I, Too” by Langston Hughes all deal with stereotypes and how the characters in each work deal with them. While differently illustrated by each author, the theme is the same: overcoming the obstacle of stereotypes. In “Trying to find Chinatown”, the main character, Benjamin, is trying to find his roots and feel a sense of belonging. On his way he stops and talks to Ronnie a street musician of Asian descent to ask for directions. Interestingly, Ronnie greets Benjamin with less than stellar enthusiasm because he calls Ronnie’s instrument a fiddle instead of a violin. Ronnie blasts Benjamin with, “If this was a fiddle, I’d be sitting here with a cob pipe, stomping my cowboy boots and kicking up hay.” (page 1825). The anger evoked in this line is strong and little does Ronnie know that he and Benjamin share similar heritages. Benjamin is not only faced with dealing with an ignorant stereotypical slur but ironically so by the very heritage he has come to embrace and is looking to find solace in. Benjamin calls down Ronnie and tells him that “it’s very stereotypical to think that all Asian skin tones conform to a single hue”. (page 1827) Despite being told he doesn’t fit the mold of an Asian American, Benjamin goes on to find his place in Chinatown and “felt immediately…a world where all things were finally familiar” (page1829). Similarly, “Brownies” deals with overcoming stereotypes but does so by the character dealing with her...
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...RELEASE: Awesomegafuntime Announces Lowest Deals Ever. Nashville, TN Awesomegafuntime is coming to Nashville with the cheapest triple play to date. This out of know where startup company founded by what the completion is calling the strong arm thugs of the communications world. Some believe that this reputation is inspired more by the business practices of the company than the ties to the mafia that it openly professes. Awesomegafuntime is pretty much making you an offer that you can’t refuse. Three services all for one price. That’s right Television, Phone, and Internet all for just 50 dollars a month. This company is coming to an area near you. They pretty much are kicking in your door with this deal. Before you know it they will have you locked down ‘on their 2 GB fiber speeds. As we all know fiber can be fragile, but the Awesomegafuntime support staff have no problem responding to check on the lines, sometimes you may even wake in the middle of the night to find one of their representatives out back digging a hole down to check the lines. When talking security Awesomegafuntime is your friend. Promising tap free service on your phone. If at any time your phone line becomes compromised they promise to take care of it… And when it comes down to entertainment Awesomegafuntime has you backed with a channel line that you would expect from a provider based out of Vegas. But hurry because you may get only one chance to get this awesome deal before it gets you. AReferences: ...
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...In 2004, Dollar Tree Stores Inc. decided to address distribution center over-utilization and overcome its operational challenges. Coming off a great year for the company, Dollar Tree’s 19% compound annual growth rate proved that the company’s strategy was working. In order to deal with the company’s over-utilization of its Briar Creek, PA distribution center, Dollar Tree should build a new 600K-square foot distribution center in Hartford, CT. This new distribution center should be built, instead of building a 400K-square foot expansion at the existing Briar Creek, PA facility, because the new facility is a more efficient use of capital investment in the long term. An analysis of specific costs the distribution center incurs support the decision to build the new plant. These costs include: • Lower outbound transportation costs as the Hartford, CT center would be closer to a portion of the stores currently located in Briar Creek’s distribution territory, thus lowering the average distance from DC to store • There is small advantage with regard to inbound costs as Hartford, CT is ~17 miles closer from the Port Authority of New York/New Jersey than Briar Creek, PA is, and thus there is a trucking cost advantage The fixed cost of building the new Hartford, CT facility is $3,751,782 versus $1,425,805 for the Briar Creek, PA expansion, as shown in Exhibit 1. While the fixed cost for the Briar Creek facility expansion is almost half the cost of that incurred by the Hartford facility’s...
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...Outline the argument that supermarket power is a ‘zero-sum’ game Basic necessities such as food are required for survival and we rely particularly on supermarkets and small businesses to make them available for purchase in contemporary UK. Power is a combination of influence control and/or dominance. Supermarket are to some extreme shaping our shopping choices by the variety they choose to stock and by seduction. Recent years have seen the supermarket gain a considerable degree of power by extending their ranges of goods and services, extending opening hours and expanding into local areas with superstores and convenience stores as well as on the High Street. Supermarkets expansion has resulted in the suffering and closure of many small local businesses. Dennis Wrong, Socioligist states that in a situation where the gain of one is equivalent to the loss of another so the net gain is zero, it is a ‘zero-sum’ game. This essay examines the relationship between supermarket power and a ‘zero- sum’ game. It shows how the supermarkets gain is balanced by the loss to others and outlines the ‘positive sum’ games of power. The concept of power is viewed in variety of ways by different groups, I feel this depends on the angle you are viewing things from. Contemporary UK has four huge supermarket chains, Asda, Morrisons, Sainsbury’s and Tesco often referred to as ‘giants’ by the economy which indicates the level of power and dominance they have in the market. Every consumer has personal...
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...our bodies is our choice. However, have you ever stopped to think about where the food you buy at the local supermarket comes from? When we think we are eating healthy are we really making the right choices? What about where does the food from the supermarket comes from? How did it get to the supermarket before it made its way into your shopping cart? These are all questions we want to think about when we make food choices. Not only do we want to make right choices but we also want our choices to have a positive outcome on our community. Supermarkets are usually stocked via grocery suppliers or grocery wholesalers. One of my local chain supermarkets, Shaw’s, has different vendors that they use. Their website does not list the different vendors but it has access to their policies and how they choose their vendors. A Consumers International report from July 2012 says that supermarkets buy from suppliers and then sell to consumers. Supermarkets have both retailer and buyer power which means they have influence on both suppliers and consumers. “The more supermarkets buy, the better terms they get. The better terms they get, the more they sell.” (Nicholson, C. & Young, B., 2012). If I were to purchase all the items for my meal, chicken, lemon, rice, mushrooms, greens, almonds, wheat roll, butter, milk, and apple crisp, from Shaw’s Supermarket I would not know where any of my items were being sourced from. I would not know how long the chicken’s been...
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