...Este caso nos habla de una Corporación llamada Cocunut Telegraph, la cual desarrolla y provee servicios de facturación a clientes especializados y administración de programas y sistemas. Ofrecen un sistema en particular llamado, “Volcano System”, el cual consiste de equipos y programas integrados. Además, este funciona únicamente con el programa que ellos ofrecen. El 1ro de febrero de 2012, Coconut hizo un acuerdo, con Buffett Worldwide, Inc, sin derecho a regresar el mismo, por la suma de $12,000.00, por un servicio de restaurante. Este consistía en entregarle el “Volcan System” y ofrecerle un año de servicio para el soporte de clientes de contrato (PSC), el cual comenzaría el 1 de marzo de 2012. Coconut determino registrar los precios de venta relativos independiente, por el contrato que hizo con Buffett de la siguiente manera: (1) “Costumer management system” por $12,000.00 y, (2) “One year of PCS” por $2,000.00. Por otro lado, en Mayo 1ro, Coconut realizo un segundo contrato con la compañía para ofrecerle capacitación del sistema, y un año adicional para el servicio de apoyo. Esta vez, Buffett pago por estos servicios adicionales la cantidad de $4,500.00, de lo cual Coconut registro el precio de venta por la capacitación de $3,000.00 y, por un año más de soporte, la cantidad de $2,000.00. Cuando se realizo este segundo contrato, ya se había entregado el sistema y cumplido con todos los acuerdos estipulados en el primer contrato. Ya para el 1ro de junio de 2012, entraría...
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...Background on Coconut Telegraph Coconut Telegraph Corporation (Coconut) is a developer and provider of specialized customer billings and management software and systems. On February 1, 2012, Coconut entered into an arrangement with Buffett Worldwide Inc. (Buffett) to deliver the Volcano System and provide one year of post contract customer support (PCS) beginning March 1, 2012. Buffett paid $12,000 on February 1, 2012, for the Volcano System and the related PCS. On May 1, 2012, and in a separate contract, Coconut agreed to provide Buffett with (1) training services on the customer management system and (2) an additional year of PCS. Under the terms of this agreement, Buffett immediately paid consideration of $4,500 for the additional services. Scope of Agreement with Buffet The February 1, 2012 arrangements for the customer management system and post-contract customer support do not fall within the scope of ASC 985-605. The arrangement does not sufficiently meet the scope requirements outlined in the topic. There are several stipulations within Subsection ASC 985-605-15-4 and 15-4A that support this conclusion. First, ASC 985-605-15-4-e states that the guidance for the Subtopic does not apply where “Software components of tangible products that are sold, licensed, or leased with tangible products when the software components and non-software components of the tangible product function together to deliver the tangible product’s essential functionality.” Additionally...
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...to get ahead. She watched and listened to current trends in music and adjusted her career to the dance music industry that was becoming popular. Madonna was a great relationship builder and motivator. She used those skills to gain more exposure which eventually led to a very successful stint with Warner Records. Madonna also realized that she needed to expand beyond music; through movies, through children’s book publishing, through a distribution deal with Warner Records, and through a contract with Live Nation. She has always managed to stay just enough in the public eye without drawing too much attention, but was very aware that when needed she could turn it on and reinvent herself. She is a brand, and the quote by the London Telegraph says it best, “What doesn’t change and hopefully never will, is Ms. Ciccone’s hypercaffeineated zeal to make the world pay attention” (“Madonna mistress of metamorphosis,” 2008). As our book points out, strategy is about winning. Madonna has shown this through a continued understanding of what it takes to be a success. Madonna whether she realized it or not, was constantly performing SWOT throughout her career. She knew her strengths; developing relationships, understanding trends. She knew her weaknesses no real musical training or musical industry contacts. She knew when opportunities arose such as when she got out of the warner deal or when she fought for the Evita role that she had to go after them. Then last, she knew that...
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...Blood Stain Pattern Analysis: Blood stain pattern analysis is a form of forensic science that examines blood at crime scenes. From analyzing blood at the crime scene analysts can determine many different things about the crime scene. Some of which include: Where the blood came from What caused the wounds? From what direction was the victim wounded? How were the victim(s) and perpetrator(s) positioned? What movements were made after the bloodshed? How many potential perpetrators were present? Does the bloodstain evidence support or refute witness statements? Because blood behaves according to certain scientific principles, trained bloodstain pattern analysts can examine the blood evidence left behind and draw conclusions as to how the blood may have been shed. From what may appear to be a random distribution of bloodstains at a crime scene, analysts can categorize the stains by gathering information from spatter patterns, transfers, voids and other marks that assist investigators in recreating the sequence of events that occurred after bloodshed. This form of physical evidence requires the analyst to recognize and interpret patterns to determine how those patterns were created. Analysts must obtain a four year degree in forensic science or a Bachelor of Science degree before becoming an analyst. Often elastic string is stretched from blood droplets on the angle that of impact to determine where the blood originated from. Blood splatter can tell the police...
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...Maria Jarvio 11/23/2015 Coconut case 1) According to standard 935-605-15-04 one of the criteria that this subtopic does not apply is “software components of tangible products that are sold, licensed, or leased with tangible products when the software components and nonsoftware components of the tangible product function together to deliver the tangible product’s essential functionality.” This is the case with the Volcano system. Which must be sold with the software since it is necessary for the Volcano system to function as intended. Therefore this scope does not apply to this situation. 2) According to standard 25-60-04 says that any separate unit of accounting in an arrangement is required to be recorded at fair value and the amount allocated to that unit of accounting shall be its fair value. Each unit of accounting shall be recorded in a straight line basis. Volcano system: 12,000/14,000*12,000=10,286 One year PCS: 2,000/14,000*12,000=1,714 12,000 2 months DR deferred revenue 286 CR revenue 286 Revenue recognized for product: (10,286) deferred revenue April 30, 2012: 1,429 Revenue recognized for PCS: (286) (1,714-286) Total 10,571 3) According to section 935-605-55-4. These arrangements should be classified as one multiple element arrangement. This section gives factors that might indicate the contract should be classified this way. These are: a) Contracts are negotiated within a short timeframe of each...
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...Of the five characteristics of Western Warfare, the emphasis on innovation best exemplifies warfare in the American Civil War. Throughout history, the combatant with the highest level of technology and innovation typically is victorious over numerically superior forces. For example, using new and innovative methods of constructing fortifications, in 1294 AD, the garrison of Harlech Castle in Wales, consisting of only 37 soldiers, was able to defend against a significantly numerically superior force. During the American Civil War, both sides used the emphasis on innovation to turn the three non-military technologies of the manufacture of interchangeable parts, railroads, and the telegraph, into weapons of modern Western warfare. During the early nineteenth century, gun smithing was an extremely skilled craft and most firearms were handmade, subsequently making them one of a kind . The bulk of the American industrial base was located in New England, and it was there that the “American system of manufacture” was born. As the demand for manufactured goods rose, many companies developed systems that would increase the overall output of their factories while decreasing the need for highly skilled tradesmen. The result was the ability to mass-produce nearly identical parts that could be used in any random selection of parts. The primary American army firearm of the day was the Springfield Musket. The armory at Springfield, Massachusetts, mass-produced the majority of these...
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...Evolutions of the Telecommunication Industry Timeline 1. 1793 - The Chappe brothers established the first commercial semaphore system between two locations near Paris. 2. 1843 - FAX invented by the Scotch physicist Alexander Bain. 3. 1844 - Morse demonstrates the electric telegraph; Morse's first telegraph line between Washington and Baltimore opens in May 4. 1870 - Thomas Edison invents multiplex telegraphy. 5. 1876 - Alexander Graham Bell invents the telephone. 6. 1921 - The Willis-Graham Act allows telcos to merge with permission of the States and the Interstate Commerce Commission. 7. 1960- AT&T designed its Dataphone, the first commercial modem, specifically for converting digital computer data to analog signals for transmission across its long distance network. 8. 1971- The first e-mail is sent. Ray Tomlinson of the research firm Bolt, Beranek and Newman sent the first e-mail. Mr. Tomlinson, who is credited with being the one to decide on the "@" sign for use in e-mail, sent his message over a military network called ARPANET 9. 1996 - Congress passed the 1996 Telecommunications Act which requires FCC to develop 80 new rulemakings within a six-month period leading to increased competition is all aspects of telecommunications. "Central-office implemented coin phones" are now required to be registered as a result of opening this market to competition. 10. 1998- The World Wide Web is born, marking the beginning of the...
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...different designs of the telegraph. Through these different modifications of the telegraph we now have one of the most important innovations of this time the internet, whose roots can be argued to originate from the telegraph. Through the Victorian Internet one learns that one small idea can expand into a larger idea or a web of ideas. When one finally produces their idea they may be surprised to find that their original plans for the use of the product may change when it is put on the market. People can come up with the brightest ideas sometimes without trying, and a lot of times inventions are made as solutions to common problems. There are also innovations, which are not original inventions, but one person takes another’s invention and makes changes to it with the hopes of making it better. The experiment with the monks in Paris of 1746 proved that electricity could travel long distances in a short period of time. After these findings it became evident that a device that used electricity to send signals would be more efficient than their present system of transmitting signals. This was indeed the first step in creating the telegraph. While Nollets intentions were to research electricity, others wanted to invent a signaling system that used electricity. Claude Chappe was an example of a planned invention. His first experiment was with two casserole dishes, which lead him to his later design of the telegraph. After seeing the growth of the telegraph by the mid 1830’s many...
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...at the technology of video chat and how this innovation may potentially change our ways of communication and travel. Telegraphs Effects on Society As a result of Samuel Morse’s telegraph cross country communication improved vastly. The telegraph’s role was completely transformed by 1880, becoming crucial to the political and economic life of the nation (Winston & Edelbach, p. 40, 2014). After the Atlantic cable was completed, the speed and frequency of the communications between nations increased, forever changing the political landscape (Winston & Edelbach, p. 39, 2014). The use of telegraphs became integral to society. It was the lifeline for newspapers. President Lincoln’s balloon corps took off in 1861. The primary reason for the corps’ existence was the fact that the balloon was equipped with a telegraph (Army Balloon Corps, n.d.). The operator was able to give real time information regarding the movements of enemy troops. This could then be reported to the ground troops, thus giving us the first aerial telegram. Railroad companies used it to schedule and signal information, making the railroad industry faster and more efficient (Winston & Edelbach, p. 39, 2014). As a whole, the invention of the telegram advanced our nation by bringing us closer together through the expedited exchange of information. Railroad Much like the telegraph, the railroad rapidly expanded to all corners of the United States. The integration of...
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...Pearl Enongene Telegraph Kennesaw State University Communication goes back all the way to prehistory. Before cell phones people still had ways of communicating. They communicated by writing letters using the printing press, which was created by Gutenberg. It took weeks and months for the letters to be delivered from one location to the other. The printing press was the biggest innovation in communication until the telegraph was developed. Prior to the telegraph, politics and business were constrained by geography. There is a historical importance of the telegraph and its connection to present state of technology in communication. Communication is an essential part of this modern world and it has significantly evolved over the years. It has affected society both the political and economic system, it could be regarded as a power system. Telegraph laid the groundwork for the communication revolution which led to later innovations. There have been several forms of telegraphs over the years, from nonelectrical to electrical. According to Elon.edu the very first telegraph was nonelectric, which was created by Claude Chappe in 1794. This telegraph depended on a single line for slight communication. Later on many more improved telegraphs were invented. For instance in 1809 a crude telegraph was invented by Samuel Scemmering. This telegraph used gold electrode wires in water at the receiving end which was 2000 feet. The message was read by the amount of gas caused by electrolysis...
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...Innovations that Changed European Lifestyle in the 20th Century Throughout the entire world, change is often inevitable, and different societies have witnessed change in dissimilar capacities over the course of time. Particularly, Europe has undergone several changes over the course of the twentieth century due to a number of innovations. These changes have been experienced in technology, economics, politics, and most of all, in the social arena. The changes have affected their lives of Europeans through total transformation or modification in several ways. In most instances, these changes have been driven by the need to increase production in a bid to improve the economic conditions while in some instances; the changes have been driven by the need to have more convenience in doing different things. The resultant effect of these breakthroughs came in varying capacities such as immediate change while others laid the groundwork for important developments for the future. These innovations ranged from pioneering inventions and political advancements to bold scientific and medical advancements. The adoption of the steam engine as the primary source of power marked the onset of the Industrial revolution, and it revolutionized the process of production in industries such as textiles, agriculture, and transportation (Young, 2005, p. 29). Initially, the most important source of power in the industries was muscular strength that was at times supplemented with water and wind. Even though...
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...) Commonwealth vs. Hunt-In 1842 in Massachusetts a court decision for industrial workers was won in which the supreme court of the state declared that unions were lawful organizations and that a strike was a lawful weapon. 2) "cult of domesticity"-brought both benefits and costs to middle-class women. It allowed them to live lives of greater material comfort than in the past, it placed higher value on their “female virtues” and on their roles as wife and mother. 3) Cyrus McCormick-invented the automatic reaper. The reaper enabled one worker to harvest as much wheat in a day as five could harvest using older methods. He patented this device in 1834, established a factory in Chicago in the heartland of the greenbelt in 1847. By 1860 more than 1000,000 reapers were in use on western farms. 4) Erie Canal-was the greatest construction project the United States had ever undertaken. It was a ditch forty feet wide and four feet deep with tow paths along the banks. It had difficult cuts and fills which were required to enable the canal to pass through hills and over valleys, stone aqueducts were necessary to carry it across streams and eighty-eight locks of heavy masonry with great wooden gates were needed to permit ascents and descents. It became an immediate financial success. 5) Factory System—most of the manufacturing occurred in households with people making things by hand or simple machines, technology improved. Entrepreneurs begin to make use of new and larger...
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...wake up to the normal sun shooting through the window, blinding me as I try to open my eyes. My dog, Percy, licking my face off. He insists that every morning at exactly 7:04, she has to go outside. It really is starting to annoy me. Can’t that damn dog just rest? After I go outside for exactly 3 minutes, I realise I have to deal with my boss in exactly 48 minutes. I sit and moan for two minutes. Any more I would be late and any less I would be early: it has to be exactly two minutes. Afterward, I do my normal six-minute shower, I take another 6 minutes to brush my hair, 4 minutes to brush – just like the dentist told me – and five minutes to figure out what I am going to wear today. That leaves me 4 minutes to sit and read The Daily Telegraph and moan about having to drive 20 minutes to a job that I can’t stand. Once I arrive, it takes 2 minutes to hear the lame story about what Ron, the guy two cubicles down, did last night and four minutes ’til I get to hear my boss complain that I never do anything right. Spending 9 and a half hours at my job, driving 26 minutes home, taking two minutes to take Percy out and only getting 25 minutes to myself before lying down in my hard, cold bed and not falling asleep for another 12 minutes can really drive someone crazy. At least that is what my therapist tells me. But it doesn’t make me crazy; it makes everyone else crazy for not wanting to know how much time they actually have. The thing that will make you crazy is if something...
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...During the early 1800s, the telegraph had been an efficient method of instant communication before the invention of the telephone. As a matter of fact, the telegraph may have only affected those who lived in the city rather than rural areas simply because it did not cover a large enough range. Its usefulness was mostly spent on allowing businessmen and bankers to have more private transactions, giving the government an opportunity to control what is said in the public, and spreading news coverage from one country to another. However, those who lacked in either the money or time to use the telegraph were excluded from hearing any news until someone wrote about it. In a sense, some of the general public was kept outside of the loop of information...
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...1. What do you think was the root cause of shifting market share of reservations (i.e. bookings) made directly on the proprietary Web site to reservations made on the third-party channel of distribution (e.g., Travelocity. Expedia)? Customers prefer to compare different brands. The third-party channel of distribution meets their needs. Clients will find a satisfactory result by entering search criteria on the third-party websites. Sometimes, the third-party channel of distribution offer a lot of promotions. For example, they offer rewards to the customers who booked flights by using their American Express card. On the other hand, it’s difficult to cover everything for any company. To outsource the some services to the third-party is a good choice for the Hotel. The third-party companies are more professional. 2. What recommendation will you make to the GM of The Independent once you finish sipping your cappuccino? What should the Independent do tomorrow? What should it change about its operations, if anything? From the data, we can see that the bookings of the third-party’s website is higher than the hotel website’s. Over time, the difference has become wider. The GM of the hotel should cooperate with a good third-party company. In order to gain the profit the hotel can outsource the online services. As a hotel, it should focus on the daily operation and reduce the input on building its website. 3. What do you think is the key lesson learned the Independent?...
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