...S ANITA NORRIS MODEL MANAGEMENT w 9B10D013 Authorized for use only in the course BSAD 471 Strategic Management at St. Francis Xavier University taught by Brad Long from Jan 05, 2015 to Apr 17, 2015. Use outside these parameters is a copyright violation. Prashob Menon and Paul Lee wrote this case under the supervision of Professor John Haywood-Farmer solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors might have disguised certain names and other identifying information to protect confidentiality. Richard Ivey School of Business Foundation prohibits any form of reproduction, storage or transmission without its written permission. Reproduction of this material is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Richard Ivey School of Business Foundation, The University of Western Ontario, London, Ontario, Canada, N6A 3K7; phone (519) 661-3208; fax (519) 661-3882; e-mail cases@ivey.uwo.ca. Copyright © 2010, Richard Ivey School of Business Foundation Version: (A) 2010-09-10 On March 17, 2010, Anita Norris, owner of Anita Norris Model Management (ANMM) of London, Ontario was contemplating the future of her business. In the two years since Norris started ANMM, the business had grown quickly through her efforts to pursue any revenue stream that presented...
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...Citizens Property Insurance Corporation, Project X Demetrius Norris Sr. LDR/531 October 10, 2012 Dr. Ferguson Citizens Property Insurance Corporation is Florida’s leading insurance company in the state of Florida. “Citizens is a not-for-profit, tax-exempt government corporation whose public purpose is to provide insurance protection to Florida property owners throughout the state. The corporation insures hundreds of thousands of homes, businesses and condominiums whose owners otherwise might not be able to find coverage.” Because Florida is prone to suffer from hurricanes, tornados, and floods, many other insurers have discontinued property policies in the state. Citizens have incorporated thousands of external customers and have rapidly grown into a huge corporation. Departments within the organization, believed the growth administratively, financially, and technological. Recently, top executives for the company tasked the information technology (IT) Department to expand its Data Center while migrating with two other centers. Demetrius Norris, the director of the IT department, accepted the task and immediately began planning. In the following paragraphs, Demetrius will demonstrate his strategies and ability to execute this year-long plan. Currently...
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...this in-depth. The two Acts that stood out to me as vital to a successful labor movement are Norris-LaGuardia Act and the Landrum-Griffin Act. The first one I want to discuss is the Norris-LaGuardia Act, before the new deal began Senator George William Norris from Nebraska and Congressman Fiorello H. Laguardia from New York City introduced the Act. According to our text “The Norris-LaGuardia Act was the first law to protect the rights of unions and workers to engage in union activity.” (Fossum, 2012, p. 66) This marks the beginning of change, as with all things when it first starts it s rough. It put at end to the federal courts getting involved in labor disputes and issuing injunctions and outlawed yellow-dog contracts. Back then yellow-dog contracts was an “agreement between an employer and an employee in which the employee agrees, as a condition of employment, not to join a union during the course of his employment. These were widely used in the 1920’s.” (Encyclopedia Britannica, 2013, Para 1) This is the most important one because it paved the way for the future labor acts. According to one cite “It was the most favorable legislation to date for a U.S. labor movement that had always had to fight for its very existence.” (SHRM) I could not have agreed more, this was an important step in history. The Landrum-Griffin Act I chose this one because of its timing. After the Norris-LaGuardia Act opened the door for labor unions. This Act was passed in 1959 it “deals with the...
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...Floyd Norris 2008. Loophole Lets Bank Rewrite The Calendar. New York Times, March 7, Late Edition (east Coast). The New York Times writer and author Mr. Floyd Norris discussed a rarely-used international accounting standard or practice, known as the "true and fair" provision. During this article Norris is current, direct and authoritative, noting the reaction of other companies to Societe Generale's use of this type of a provision. The International Accounting Standards Board (IASB) writes these rules and standards, but there is not an international organization with the power to enforce these types of laws. Since the Societe Generale has come under a vast amount of scrutiny, because this company is using the rule unethically to disperse its losses over the two years in discussion, instead of one year. This dilutes the effect of a poor year financially, and can be considered earnings manipulation, according to the author. The accounting method employed by Societe Generale was approved by two of the biggest accounting firms in the world, Ernst & Young and Delloite & Touche. The author is very critical and clearly has vast knowledge of this subject, concluding that investors across the world should be worried about the unethical, though currently legal, accounting practices employed by Societe Generale. After critically evaluating these type of activities in international markets and interests of investors, lenders and companies’ one can conclude that these types of activities...
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...its peace keeping role to fulfill the promise and visions of the UN founders. ” The world was listening and since then, globalization started to lurk around the hemisphere. Business has gone as usual, yet people ignored the reality that with so many treaties, so many agreements, so many compromises, the Big Wide World as we knew it once, was becoming so small that anyone would hold it in the palm of one hand. Business Globalization, once seemed to be impossible, now a reality of life. Companies throughout the world conduct business and interrelate with each other, regardless of race or culture. The obvious next step is accounting globalization. The Convergence is not a new concept; according to Mark Conmy (2011) “convergence has been discussed for almost a decade...is a done deal.” These words might bring hope to those who expect the changes as a positive solution to a new world order. But, Floyd Norris, in his article “Accounting that comes in flavors, differs from Mr. Conmy. Norris says “The world was supposed to be moving to a single set of high quality accounting standards…That is not going to happen.” If we take Mr. Conmy’s word, we could understand that in concepts, Convergence might be already a fact, but in actions, we still have a couple of more years to go, a lot more. Lauren Staly, on her discussion board about the subject, says it in a right tone “a five year plan may not be realistic.” As it stands right now,...
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...Major Labor Laws Name of the Student Class Date Abstract This paper describes provisions of major labor laws and their impact on the organizations and union management relationship. The major that have been discussed are The Railway Labor Act, The Norris-La Guardia Act, The Wagner Act, The Taft-Hartley Act and The Landrum-Griffin Act. The Unions Labors in the U.S. have been long struggled for gaining the strength as well as recognition. Many business managers have been viewed the unions as threat. After all, the major aim of the unions has to pressure the employers for raising the wages as well as improve the working conditions. Introduction The labor unions have been existed even in early days of United States republic. Such early unions had been the local crafted unions, consisting of just some members, who had been worked in similar crafted or skilled occupations. A way unions have been negotiated employment contract has known as the collective bargaining. In the collective bargaining, unions represent their members in the negotiations than having every worker individually negotiate with employer. Before Civil War, the unions were local, small as well as poorly organized. They had big trouble while persuading the employers for negotiating with the union representatives. Besides, the employers mostly directly dealt with every employee. Railway Labor Act The RLA (Railway Labor Act) had been enacted in the year...
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...XMGT/216 Business Ethics Across Cultures In this paper, I will be reviewing the business ethics found in two countries, each from a different continent. The two countries I have chosen are China and Mexico. The articles I have located for this research are both drawn from the University Library, the first one being Business Ethics and Social Responsibility in Contemporary China, by St. Clair and Norris, the second being Introduction to Central America and Mexico: Efforts and obstacles in creating ethical organizations and an ethical economy, by Collins and Whitaker. I will be reviewing China first, followed by Mexico. Chinese Business Ethics In their article, St. Clair and Norris examine the source of Chinese business ethics from multiple angles. Socially, culturally, and politically, the business atmosphere is quite different in China than it is here in the US. There is, really, no formal culture or system of business ethics for the general, private business sector (St Clair & Norris, 2011). Since its induction into the World Trade Order in 2001, China has modified its business regulations quite significantly to ensure that its businesses operate within the WTO guidelines. However, transition and reform aside, centralized decision making, internal bargaining, and bureaucratic red tape still seem to be the norm, despite the decentralization of many industries and the growth of consumerism. This turn towards progressive business ethics could be due to the recent scandals...
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...committing to the highest standards of business practices all of which will drive Tyco’s long-term growth, value and success" (Tyco. 2011 para 1) The best way for Tyco to obtain the goals for the company is for management to distinguish the superior between strategic planning, tactical planning, operational planning, and contingency planning that best serves the needs of the company. While keeping in mind the Influence of legal, ethical, and social responsibilities. Strategic planning or strategic goals is the making of choices concerning the organizations long and short-term goals. These goals can be the supporting element for one or more of the following company growth and profits, return on investments (ROI), market shares, productivity, quantity, quality, and customer satisfaction. Short and long-term goals can range from a week to years to complete. In 2007 Tyco faced adversity when “Kozlowski and Mark H. Swartz, the company's former chief financial officer, were convicted of grand larceny, falsification of business records and conspiracy and are now serving sentences of up to 25 years in New York state prisons. A former director, Frank Walsh, who received a secret $20 million payment for arranging a merger, pleaded guilty to securities fraud but was not sentenced to prison” (Floyd Norris, 2007 Para 8) Tyco overcame this adversity by separating...
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...In the years of 1894 and 1895 a Supreme Court case voided portions of the Wilson-Gorman Tariff. The Act itself had given congress a 5 year term for excess of 4,000. The decision was unsettled due to the 16th amendment in 1913 giving congress power to lay and collect taxes on incomes. A Farmers’ Loan/trust company intended on its shareholders to pay tax and revenue to people who was acting as a fiduciary capacity to the U.S. Collector. From Massachusetts Charles Pollock filed a lawsuit to enjoin the company , but he lost in low class courts until he came to the Supreme Court who ruled in his favor because “It declared that a direct income tax was a breach of the constitutional provision requiring that direct taxes be apportioned among the states...
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...Name of Student: Name of Professor: Course Code: Date: Contemporary Art Thesis statement An analysis of contemporary artwork reveals that there is a strong relationship between contemporary art and everyday life as artists can use them for environmental and political activities. Introduction One question that most people usually ask themselves when asked about the history of arts is whether art can have a history. Yes, art has a long history, older than most if not all individuals currently living on earth. Most people think of it as being timeless because art has remained beautiful and attractive since the Old Stone Age. Individuals enjoy looking at arts for its own sake not knowing that they may have a significant meaning and the knowledge of its context inasmuch as viewers from different generations and cultures may see same artworks and interpret them differently from the previous generations. Most of the art works we see around originate from things of the past. Rarely does an artist come up with an imaginary art from vacuum (Art History, par 1). Most of them usually refer their arts by critiquing the outmoded models, borrowing some traditional techniques and methods, researching the old and forgotten stories as well as building on some timeless themes to enable them obtain new ideas (Par 3). It is very important for us to understand the historical precedent as it guides artists in obtaining context since art began from the caves by the Old Stone Age Homo sapiens...
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...sell them, he could not give the appellant any title. * There are some exceptions to the nemo dat quod non habet. The first exception is estoppel. Section 27 of SOGA provides that when the owner of the goods is by his conduct precluded from denying the seller’s authority to sell. The owner by his conduct makes it appear to a buyer that the person who sells the goods has his authority to do so and the buyer act in reliance of it. * In Eastern Distributors Ltd v Goldring [1957], owner of van wanted to raise finance on a van he owned. He got together with a motor dealer and completed forms stating the van is owned by the dealer and he wanted to acquire it on hire-purchase agreement for the purpose to deceive the finance company. Finance company approved the hire-purchase agreement and bought the van from the dealer and supplying it on hire-purchase agreement. The owner of the van failed to...
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...congress had to intervene. As Terri Quill (2005) stated in relation to the case, “how can it be that medicine, ethics, law, and family could work so poorly together in meeting the needs of this woman who was left in a persistent vegetative state?” Cases like Terry Schiavo are not encountered everyday in a healthcare organization but to a lesser extent there are ethical situations that are. Healthcare organizations must also address ethical issues in terms of the financial aspect of healthcare. There has been a significant increase in awareness of healthcare fraud. Some examples would be physicians billing for services that were not rendered to patients and ordering procedures not necessary in order to seek reimbursements (Price and Norris, 2009). This impacts on healthcare organizations due to the fact that the...
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...President, CEO and COO Andrew Fastow, former CFO Rebecca Mark-Jusbasche, former Vice Chairman, Chairman and CEO of Enron International Stephen F. Cooper, Interim CEO and CRO John J. Ray, III, Chairman Industry formerly Energy Revenue $101 billion (in 2000) Employees approx. 22,000 in 2000 approx. 4 as of 2008. Website http://www.enron.com/ The Enron scandal was a financial scandal involving Enron Corporation (former NYSE ticker symbol: ENE) and its accounting firm Arthur Andersen, that was revealed in late 2001. After a series of revelations involving irregular accounting procedures conducted throughout the 1990s, Enron was on the verge of bankruptcy by November 2001. A white knight rescue attempt by a similar, smaller energy company, Dynegy, was not viable. Enron filed for bankruptcy on December 2, 2001. As the scandal was revealed, Enron shares dropped from over US$90.00 to less than 50¢. Enron's plunge occurred after revelations that much of its profits and revenue were the result of deals with special purpose entities (limited partnerships which it controlled). The result was that many of Enron's debts and the losses that it suffered were not reported in its financial statements. In addition, the scandal caused the dissolution of Arthur Andersen, which at the time was one of the five largest accounting firms in the world. Contents [hide] 1 Background of Enron 2 Timeline of...
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...feature will be: ultra modern safety advances in cockpit automation, dramatic improvements in engine reliability, a new and more accurate global positioning system, new integrated surveillance systems, the latest version of nose-mounted weather radar, and a fuel tank inerting system. The 787 will use 20 percent less fuel than today's airplanes of comparable size and provide passengers with innovations that include a new interior environment with cleaner air, larger windows, more stowage space, improved lighting and other passenger-preferred conveniences that no other airliner can offer today. Introduction of the 787 The Boeing 787 traces back its roots to the Boeing Sonic Cruiser, a fast subsonic aircraft first introduced by the Boeing Company in 2001. The main selling point of the Sonic Cruiser was a high subsonic speed that could reduce travel time by up to 20%. The aircraft was to have been designed with all the latest technology available including an all composite fuselage which would have been the first of any commercial airliner. By the fall of 2002, major world airlines had indicated to Boeing that they preferred an aircraft with improved economics rather than increased speed....
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...relationships and interactions. The length of time a subordinate works for the same supervisor is key for the relationship between the supervisory leadership behavior and subordinates’ attitudes and behavior. Leadership characteristics will influence the subordinate characteristics versus the relationship between the leader and the follower. Studies recorded show that veteran nurses received less attention from the nurses which caused tension and reflect on the performance. Experience was measured by longevity in current position instead of how long the nurses had worked for head nurse. Obviously this study found that less experience subordinates needed more supervision from their supervisors (Mossholder, K. W., Niebuhr, R. E., & Norris, D. R., 1990). The longer the dyad work relationship between the leader and the follower, the follower becomes for efficient in job requirements, and the supervisor’s desires and standards. Over time the experience subordinates will need less supervision and may start feel like they are being managed to closely, which can cause grievances, nonattendance at work, and turnover. Long term dyadic interaction with supervisors, subordinates’ fulfillment and performance may not be influenced by the leaders’ behavior. Which is better for the leader and follower dyad relationship short term or long term? This paper will identify the study for the two important leadership outcome variables, subordinate job performance and satisfaction. Method ...
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