...The Short Sale Process 8 Steps to Selling Your Home List the Short Sale Property When listing a short sale property it is important to educate the sellers about the short sale process. No one can guarantee what a bank will do in any given situation. Although it may be possinle for the seller to walk free and clear from the short sale we cannot guarantee this because not all lenders will react the same. During the short sale process it is important to set realistic expectations. It is often better to over estimate time frames and deliver early. After the short sale property is listed our office will reach out to the seller and begin the collection of the necessary documentation for the short sale. Market the Short Sale Property When marketing a short sale property it is important to inform the buyer and buyer's agent that a short sale can be a lengthy process. Florida Short Sale Solutions has an excellent track record of closing short sales. The fact that you have partnered with an expert short sale negotiation company separates you from agents who negotiate their own short sales, often with little or no success. Seller Accepts an Offer After a Purchase Agreement is executed by both buyer and seller the short sale process can be initiated with the lender. Our short sale negotiator will not submit an incomplete short sale package to the lender because this may cause unnecessary delays. All paperwork is reviewed for completeness and accuracy before submission to the...
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...Importance of Short Sale Specialist in Every Short Sale Transaction As one of the most popular methods in avoiding foreclosure, short sale is a helpful alternative to those homeowners that are financially distress. Short sale is a process wherein a house is in dangers of facing foreclosure is agreed by the homeowner and the mortgage lender or the bank to sell the house in a lesser value to a third party or the home buyer. It is important that the lender will have to approve the price that is generally lesser than the payoff of the overall loan on the house. The proceeds will be on the bank responsibility, so it is important to know that the effects of the short sale transaction on the seller, home buyer and the lender. The short sale process is usually tricky and one of the best homebuyer strategies will be using the talent and the capabilities of orange county short sale specialist, especially in Orange County. The advantage of short sale is that the homeowner, who can no longer support or fulfill his or her financial obligations can keep track of his or her credit and to avoid foreclosure of the property. Having the orange county short sale expert will be a great help on the step by step process and transactions needed by the homeowner for a successful short sale in a shorter period of time. In making most of the short sale options, it is helpful for any homeowner to choose the right short sale specialist in making the short sale transaction more like a breeze. Since...
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...to conduct in either company. Sam Busch would also like the short run and the long run expenses of conducting business in the United States. After all the expenses, Sam Busch would to gain knowledge on the financial risks that AutoEdge faces if the production process, is relocated to the United States. Fixed Costs and Variable cost Fixed costs are expenses that remain unchanged over the short run and do not vary or change, in the volume of products produced or sold (Tracy, 2013). Fixed costs are equipment, properties, building and managerial overhead. The Fixed Cost also include the salaries of the Vice President, safety inspectors, security guards, accountants and shipping and receiving employees. Fixed costs are expenses that a company is obligated to pay even if the company produces zero products. Variable cost are expenses or costs that are sensitive to the change in volume of a products production rate and sales. Variable costs include materials, utilities, taxes, hourly salaries and transportation costs. Variable costs will decrease if the production or sales of products decrease and will increase when the production rate or sales increases (Tracy, 2013). Variable costs are expenses paid in variance of the products produced or sold. Unlike fixed costs, a company is not obligated to pay the expenses if they are not conducting business. Variable cost allow a company to enter or exit the market easily. Short Run and Long Run In economics, time- frames appear arbitrary...
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...The Process of Foreclosure Tabatha Prentice BUSN 121: Real Estate Practice Proffers: Steve Kipuros Foreclosure Process Intoduction Foreclosure is a process where a homeowner forfeits there rights to a property because they have failed to pay the mortgage. In some cases a bank may allow the property owner to sell their home via a short sale. If the bank will not grant a short sale the property will go to auction where it will either be sold or becomes bank owned. The word foreclosure has become a very dirty word, but it doesn’t just happen overnight it is a lengthy process. There are five major steps involved in all states missed payments, public notice, pre-foreclosure, auction, and post-foreclosure. Missed Payments The length of which it can take a bank to foreclose on a property can vary by state. Normally it will take at least three missed payments, but can take up to five before the foreclosure process will begin. There are programs out there available for homeowners to help them keep this process from ever being started that include everything from mortgage modification to government assisted programs. For most homeowners foreclosure has almost become of choice mostly related to the decrease in home values we are seeing more and more people who are house poor. Public Notice After a number of payments have been failed to be made the lender will seek out the County Recorder to issue a public notice. This notice can be called many different things depending...
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...I. ConAgra Grocery Products Company (CAGP): Short-term Growth v.s Long-term Success CAGP, formerly Hunt-Wesson Inc, was a subsidiary of ConAgra Food Inc., an American diversified food conglomerate based in Omaha, Nebraska. CAGP itself was a successful food company, which developed strong sales and distribution networks, and sales topped $2 billion annually. Bringing consumers “the finest-quality and best-tasting products” was the company’s mission. It marketed and produced a wide range of shelf-stable grocery products from tomato sauce to ethnic food. The company had more than 300 customers and Wal-mart was one of their largest customers. CAGP’s headquarters were located in Fullerton, California. The market for food industry has all time been a crowded place with the increase in product introductions and changing consumer tastes. To succeed, it is important to keep up with product development trends, customers’ profitability and create brand identity as well as brand equity. Product development is the lifeblood of any food leading companies. Therefore, R&D should be the main focus in combination with good marketing strategy, which will maintain products quality and/or create new products that in turn create new customers. Creating and building brands involve various marketing strategies, which include promotions, advertisement campaigns and competition for display location at retail stores. A company should also take into consideration that their marketing strategies have...
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...accounting: objective and verifiable for decision making; more subjective for planning (relies on estimates) * Financial accounting: historical, objective, and verifiable * Units of measure * Management accounting: dollars at historical, current market, or projected values; physical measures of time or number of objects * Financial accounting: dollars at historical and current market values * Frequency of reports * Management accounting: prepared as needed; may or may not be on a periodic basis * Financial accounting: prepared on a periodic basis (minimum of once a year) Management accounting provides relevant information at each stage of the management process. * Planning stage: Management accounting provides information for the planning process, which involves a mission statement, the development of strategic, tactical, and operating objectives, and the formulation of a business plan. * Performing stage: Managers implement the business plan, using management accounting information to manage the supply chain and...
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...hens in the financial statement, and draw a conclusion based on the previous recommendations. Identification Based on Accounting Principles and Specific Situation When preparing financial statements at the end of its first operating years, Red Hen Company has to identify the classification of its egg-laying flocks. Whether the items should appear in the inventory section under the current asset, or be treated as fixed asset? Admittedly, the egg-laying flocks can be identified as fixed asset (Property, plant, and equipment), which used to create and distribute an entity’s products and services [FASB ASC 360-10-05]. Specifically, egg-laying flocks could be treated as equipment. [FASB ASC 905-360-25-4] points out “except for animals with short productive lives classified as inventory, breeding animals, livestock (which includes cattle, hogs, sheep, and goats) production animals shall be recognized as fixed asset”. “Egg-laying flocks are typical representative of production animals, which provide a service or primary product other than their progeny”, similar to dairy cow produce milk. [FASB ASE 905-360-20] regulates poultry (eggs) belongs to production animals. So the flocks could be identified as fixed asset. Alternatively, the egg-laying flocks...
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...Leading Change for Strategy Execution Dr. Robert S. Kaplan Baker Foundation Professor, Harvard Business School Executing strategy: Senior executives’ #1 issue The Balanced Scorecard: The Central Component in a New Strategy Execution Management System Private Sector Organizations Financial Perspective "If we succeed, how will we look to our shareholders?” Customer Perspective "To achieve our vision, how must we look to our customers?” Process Perspective "To satisfy our customers and shareholders, at which processes must we excel?” Non Profit and Public Sector Organizations Mission (Customer) Perspective “How do we have a social impact with our citizens/constituents?” Support Perspective “How do we attract resources and authorization for our mission?” Process “To have a social impact and to attract resources and support, at which processes must we excel?” Learning & Growth “How do we align our intangible assets to improve critical processes?” Learning & Growth “How do we align our intangible assets to improve critical processes?” Financial “How should we manage and allocate our resources for maximum social impact?” 3 Palladium Balanced Scorecard Hall of Fame for Executing Strategy® : By Industry 2000-2010 The Management System for Strategy Execution Links Vision and Strategy to Operational Excellence 2 TRANSLATE THE STRATEGY DEVELOP THE STRATEGY • Mission, Values, Vision • Strategic Analysis • Strategy Formulation 1 • • • • Strategy...
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...industry. The reason I chose this particular industry is that my husband works in it and thought it would be interesting to know more about the process. If it is hard for those within the industry it can be even more difficult to understand for those who depend on their services and or products, which basically covers the vast majority of consumers. In order to understand the industry more completely it is necessary to break it down. The use of the supply chain process outlined in this paper helps to clarify the critical systems, their key functions, and the consumers and the industry related services that are at the mercy of on this source of energy. The understanding of these key components – the issues that can occur over various stages of development, production and distribution, and the codependency that our nation’s energy substructure is made up of – all of which make up the supply chain and where they fit into the entire process, helps to assist in putting it all into perspective. The general outline of the oil industry supply chain is identify, explore, design/construct, production, pipeline, refining, short-term storage, terminal, power plants, essential manufacturing (ex. Plastic, refined gases, medical, etc.) blend, shipping or ports of call and point of sale. In between all of the various phases can be numerous short-term storage and transportation to and from one phase or another. With so many destinations and possibilities of the oils use, it is difficult to...
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...Study This case study explains an integrated materials management process in detail and thus fosters a thorough understanding of each process step and underlying SAP functionality. Product SAP ERP G.B.I. Release 6.04 MOTIVATION The data entry requirements in the materials management exercises (MM 1 through MM 5) were minimized because much of the data was stored in the SAP system. This stored data, known as master data, simplifies the processing of business transactions. In the procurement process, we used master data for vendors, materials (products we purchased) to simplify the procurement process. In this case study, we will create the master data for a new vendor and a new trading good. PREREQUISITES Before you use this case study, you should be familiar with navigation in the SAP system. In order to successfully work through this case study, it is not necessary to have finished the MM exercises (MM 1 through MM 5). However, it is recommended. Level Undergraduate Graduate Beginner Focus Materials Management NOTES This case study uses the Global Bike Inc. (G.B.I.) data set, which has exclusively been created for SAP UA global curricula. Authors Bret Wagner Stefan Weidner Version 2.01 © SAP AG CASE STUDY Process Overview Learning Objective Understand and perform a purchasing process cycle Time 140 min Scenario In order to process a complete purchasing process you will take on different roles within the GBI company, e.g. purchasing...
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...Answer: No • The customer only state objectives to either reduce cost on increase sales. • The statement of work that deals with the rational or info on the major tasks or work elements are not clear. P41-46 • The customer requirements are not comprehensive, doesn’t specify specifications on attributes such as % sales uplift or cost reduction. No evaluation criteria. P36 2. Q2.1 what should the order of priority for implementation of the projects in the portfolio be in order to maximize the strategic org benefits? PAGE 36 FIGURE 2.1 Project Evaluation and Selection Form PROJECT EVALUATION AND SELECTION EVALUATION CRITERIA Investment ($) Return on Investment Time to Market Increase in Market Share Risk Chance of Success Notes Priority PROJECT A Drug High High Long High High Medium Risky project that already took some time to get traction. NPV over short period will be negative but might be positive over longer term Option 3 PROJECT B Production line Low High Quick HigH Low High LEAN project that will improve effectiveness and efficiency that will result in cost reduction (Headcount/rework) and improve cash flow and is quick to implement over a short period Option 1 PROJECT C IT System High Low (short term Long Meduim High Low IT project might not work as expected and there is an alternative solution to outsource and reduce headcount Option 3 Joe Sanchen High (overseas sales resource Medium to High Quick High (expand overseas) Low/Medium High Option 4 ...
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...various operations and processes within ABBOTT, a top tier multinational pharmaceutical company that has a remarkable presence in the gulf for over than 20 years. The analysis is made for the selling process in the sales dept., which has unique interesting bend than the usual way. The twist lies as the selling process and the sales dept. operations is a mix of products and services that all combine together for achieving the ultimate overall objective of the company. Since most of the group are from a pharmaceutical background and actually being a part of a multinational pharmaceutical company in the gulf, we are focusing on the Gulf region as the main target area for our research. We had 2 interviews from the company, one is a sales manager in one of the gulf countries (Qatar), and the other one is the Logistics co-coordinator and supply chain manager (Dubai) for the gulf region, but actually due to the sensitive information and the company policy they preferred not to disclose their identities on the research. The interviews were done collectively then the answers are demonstrated under their respective sections of the research. The research demonstrates that ABBOTT Gulf is lacking any manufacturing facility or internal distribution system, so focusing mainly on the selling process and its support functions like finance, HR and marketing. Also there’s no such position as the operations manager and each function is being managed by the director and any chances for improvements...
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...equivalents 1001?? Cash 1002 ???? Cash in bank 1009 ?????? Other cash and cash equivalents 100901 ???? Other city Cash in bank 100902 ???? Cashier's cheque 100903 ???? Bank draft 100904 ??? Credit card 100905 ?????? L/C Guarantee deposits 100906 ????? Refundable deposits 1101 ???? Short-term investments 110101 ?? Short-term investments - stock 110102 ?? Short-term investments - corporate bonds 110103 ?? Short-term investments - corporate funds 110110 ?? Short-term investments - other 1102 ???????? Short-term investments falling price reserves ??? Account receivable 1111 ???? Note receivable ?????? Bank acceptance ?????? Trade acceptance 1121 ???? Dividend receivable 1122 ???? Interest receivable 1131 ???? Account receivable 1133 ????? Other notes receivable 1141 ???? Bad debt reserves 1151 ???? Advance money 1161 ????? Cover deficit by state subsidies of receivable ???? Inventories 1201 ???? Supplies purchasing 1211 ??? Raw materials 1221 ??? Wrappage 1231 ????? Low-value consumption goods 1232 ?????? Materials cost variance 1241 ????? Semi-Finished goods 1243 ???? Finished goods 1244 ?????? Differences between purchasing and selling price 1251 ?????? Work in process - outsourced 1261 ?????? Trust to and sell the goods on a commission basis 1271 ?????? Commissioned and sell the goods on a commission basis 1281 ?????? Inventory falling price reserves 1291 ???????? Collect money and send out the goods by stages 1301 ???? Deferred and prepaid expenses ...
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...last year and board of directors want to expand the business during the upcoming year. The management wants to expand bank network into 15 branches and establish a 24 hour call center with 40 staff members. And also strengthen the credit card unit with sales staff and supervisors and to increase front office staff. In this report discuss about the criteria need to meet the bank’s requirements with the help of HR planning process, how to analyze requirements, compare available resources with the requirement and prepare plans to fulfill the bank’s requirement. As the another step discusses how to recruit candidates to fulfill requirements and how is going to attract candidates towards the bank and discuss about what are the strategies need to attract candidates. And also discuss about how to line up the selection process to select most competent candidate for the each level of the bank within a short period. Finally this report include how the HR planning process, recruitment and selection is done to fulfill bank’s requirement within a short time period. 1) Advise the management on the importance of HR planning and how the Head of HR should approach the HR planning function. What is HR planning? The process that links the human resource needs of...
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...Nicholson (J & N). The name of the company was changed from J& N (Bangladesh) Limited to Berger Paints Bangladesh Limited on January 1, 1980. Currently BPBL’s number of shares is 23,188,940. Its Authorized capital is Taka 400 million and its paid up capital is Taka 232 million. Historical Overview Berger, the market leader in the Bangladesh paint market is one of the oldest names in the paint Industry and the country’s major specialty paints business with products and ingredients dating back more than 249 years to 1760. Louis Berger, a Germen national founded dye and pigment making business in England. Louis Berger and sons grew rapidly with a strong reputation for innovation and entrepreneurship culminating in perfecting the process of making Prussian blue, a deep blue dye- a colour widely used for the uniforms of many European Armies. Production of dyes and pigments evolved into production of paints and coating, which till today, remains the core business of Berger. The company grew rapidly by establishing branches all over the world and through mergers and acquisitions with all other leading paint and coating manufacturing companies. Berger has been involved in the paint business in this part of the world since 1950, when paints were first imported from Berger UK and subsequently from Berger Pakistan. In 1970, Berger paints Bangladesh limited (BPBL), erstwhile Jenson and Nicholson, had set up its paint factory in Chittagong at an estimated investment of TK 4 million...
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