...------------------------------------------------- The Sports guy Key Events / Case Synopsis The Sports Guy is an independent sporting goods store operating outside the GTA owned by Bob “Rocky” Rhodes who is a considerably high profile personality in the local sports community. He has been a star player on local teams his whole life and has always made it a priority to show support for all things related to his sports community. Most of The Sports Guy’s sales consist of equipment and uniforms to local teams. Around 70% of their sales are made up by purchases from hockey, baseball, football, soccer teams with the remaining 30% made up from walk-in retail trade. Rocky has problems with inventory management, low ratio of sales by walk in customers and his major source of sales for teams declining due to lack of registration in local teams. Despite being located in a prosperous neighborhood with little competition except a small, older Canadian tire that offers low prices but lacks in quality and customer service, The Sports Guy is having financial troubles. Problem Statement and Objectives The Sports Guy’s profitability has not been growing sufficiently enough to provide Rocky with the means to grow his company as the town develops. A lack of inventory system which affects his most profitable sales group: walk-ins has also increased his short term debt and interest expenses which all eat away at the already tight profit margins. Decline of popularity for kids’ leagues...
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...THE SPORTS GUY 1. CASE SYNOPSIS The Sports Guy is a small sporting goods store located in a small town in the Greater Toronto Area and owned by Bob Rhodes (“Rocky”). Ten years back Rocky decided to start his own sporting goods business, of which he owns 60% and family members and friends 40%. Rocky purchased a land in town, with his startup capital and mortgage loan. Nearly 70% of the sales consist of equipment and uniforms bought by the local teams and the other 30% is consisting of wide range of sports and recreational merchandise. Its main competitor in town is the Canadian Tire store and Sports Guy’s sales have not been growing much in the recent years. Rocky lacks the ability to manage his inventory and his declining inventory turnover is increasing his debt. Rocky wants his business to grow but to do so he needs to access bank credit to finance higher inventories and future expansions. 2. PROBLEM STATEMENT The main problem for Rocky is to improve Sports Guy’s profitability. 3. SITUATION ANALYSIS SWOT ANALYSIS: Strengths * Passion and knowledge about sports – it is a fairly attractive industry for Rocky because his expertise, passion and community involvement differentiate his business from his competitors * Growing company – growing rapidly for the last few years and the area around the store has become a prosperous neighborhood, making their location a busy commercial area * Very well advertised in the local community (TV channel, flyers, local...
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...Key Events / Case synopsis The Sports Guy is an independent sporting goods store located in a small town outside the greater Toronto Area. The store is owned by Bob (“Rocky”) Rhodes, age 32 who has for many years been a high-profile personality in the local sports community. Ten years ago, Rocky decided to go into the sporting goods business for himself. Family members and friends provided some equity capital and the new business was incorporated, with Rocky owning 60% of the shares and his family members and friends 40%. The land package that Rocky bought consisted of two lots on a corner, the store was built on one lot; the other remained vacant. After 2004, the town grew and the area around Rocky's store became built up into a quite prosperous neighborhood. Strip malls developed, and The Sports Guy is now located in a busy commercial area. Problem Statement and Objectives Problem Statement The sales growth of the store is relatively slow and at the same time the level of debt is rising so are the inventory, Rocky is not sure what to do and is looking for suggestions as to how he can improve the financial performance of the business. Objectives The main objective is to improve the financial performance of the business by increasing the amount of successful sales, which will lead to solid profits. The store also needs to implement more sophisticated purchasing techniques and a computerized inventory control system to increase the inventory turnover rate, thus reducing...
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...DEFINATION OF EMPLOYEES SATUS BY KHUSHBOO BHAGALIA SHERIDAN COLLEGE Contents Executive summery 3 Current Issues 3 Findings 3 Recommendations 3 DEFINITIONS OF EMPLOYEES STATUS 4 “EMPLOYEES” DEFINED 4 EXEMPT 4 NON-EXEMPT 4 REGULAR FULL-TIME 4 REGULAR PART-TIME 5 TEMPORARY (FULL-TIME or PART-TIME) 5 Executive summery Current Issues Findings Recommendations DEFINITIONS OF EMPLOYEES STATUS “EMPLOYEES” DEFINED An “employee” of Two Trees Olive Oil is a person who regularly works for Two Trees Olive Oil on a wage or salary basis. “Employees” may include exempt, non-exempt, regular full-time, regular part-time, and temporary persons, and others employed with the Company who are subject to the control and direction of Two Trees Olive Oil in the performance of their duties (Jackon, 2012). EXEMPT Employees whose positions meet specific criteria established by the Fair Labor Standards Act (FLSA) and who are exempt from overtime pay requirements. <<Insert Footnote Here>> NON-EXEMPT Employees whose positions do not meet FLSA criteria and who are paid one and one-half their regular rate of pay for hours worked in excess of 40 hours per week. REGULAR FULL-TIME Employees who have completed the 90-day probationary period and who are regularly scheduled to work 35 or more hours per week. Generally, they are eligible for the Company’s benefit package, subject to the terms, conditions, and limitations of each benefit program. REGULAR...
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...Date: Wednesday February 06, 2013 Case Title: Case#1-Filmore’s Furniture Group Members: Mohammad Adeel, Jaimie Mejia, Shan Pasha, Satnam Saini and Manish Sharma. 1. Case Summary - Key Events - Issues a) Summary: During an early snowstorm in 1999 Mr.Phil Filmore died in a car accident, leaving his wife with all his shares. Mrs. Lucinda Filmore has to make an important decision on rather to sell or continue on with the furniture business, her husband has diligently worked hard on. She has not worked for 14 years leaving her job to take care of her two children. She has not been informed or been involved with her husband’s company. She does not believe she can manage it, having the decision to hire within the company or outsiders for a management position. But then again, she has the advice on perhaps just selling the business. With all the different suggestions and advice she feels more confused about this while situation. What should she do? b) Key Events: - 1983 Phil Filmore become sole proprietor of Filmores Furniture. -Invited five local professional people to become shareholders of the company. -Phil Filmore owned 63 percent of the shares and the five investors 31 percent. -1999 Phil Fimore dies in a car accident. c) Issues: Leaving 63 percent of the company's shares, to his wife, Lucinda. Phil's life insurance provided a disappointingly small amount of money for Mrs. Filmore. Since in 1999 the standard of living had change considerably it was lower...
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...The Sports Guy Case Study Case Synopsis The case is about The Sports Guy which is an independent sporting goods store owned by Bob “Rocky” Rhodes; his business is in the retail sporting goods industry. The store is located in the south part of a small town which is just outside the Greater Toronto Area. The town has been growing rapidly for the last few years and the area around the store has become a prosperous neighbourhood, making their location a busy commercial area. The Sports Guy store sells sports related clothing and equipment. About 70% of their sales consist of equipment and uniforms bought by local teams, and 30% of sales consist of regular (walk-in) retail trade. The store’s sales have increased over the years however; have not been growing much in recent years. In the last few years the sales to teams have mostly covered the business’ costs, while the “walk-in” trade has provided most of the profits. Many times Rocky has been left with out-of-season stock that had to be sold off at a loss. Rocky is concerned about the declining inventory turnover rate that is causing an increase in his short-term debt and interest expenses. Problem Statement Rocky wants his business to grow with the town, but to do so will require access to bank credit to finance higher inventories and future expansion. He will have to improve The Sports Guy’s profitability. How will Rocky improve the financial performance of his business when their net profit (after tax) has decreased...
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...David Whitehouse Eavesdrop Assignment ALPHA/Mozer 29 November 2012 Can I borrow your sports jacket? Guy looking for Sports Jacket: Hey so do you like have a fancy sports jacket I could borrow? Guy being asked: Uhhh I… Guy looking for Sports Jacket: See I already have pants, ties, and shirt, I just need a jacket Guy being asked: I don’t know man, sorry ask someone else Guy looking for Sports Jacket: ahhhh thanks any way Guy being asked: yup *knocks at another door *answers Guy looking for Sports Jacket: Hey bro do you by any chance got a sports jacket I could borrow? Guy being asked: Do I look like I own a suit dude? Guy looking for Sports Jacket: Thanks anyways *Then I got asked Guy looking for Sports Jacket: Hey do you have a sports jacket I could like borrow for tonight? Me: Uhhh yes… and No Guy looking for Sports Jacket: like what do you mean? Me: I mean YES I have one and NO you can’t borrow it… Guy looking for Sports Jacket: why dude? Me: well it’s fitted for me for one thing, and second it’s a military suit coat… I can’t let you wear it. Besides its got rank sewn on it Guy looking for Sports Jacket: ahhh good point, good point thanks anyways Me: no problem *shuts door Guy looking for Sports Jacket: Dude nobody has a damn jacket I can borrow… Someone: mhmrmh htahj kfj mrmrm? Guy looking for Sports Jacket: yeah I already asked all these guys down the hall So this wasn’t the most interesting conversation. I definitely didn’t expect to be a part...
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.... The Sports Guy Key Events/Case synopsis Bob (Rocky) Rhodes is the owner of the independent sporting goods store, known as The Sports Guy. Rocky is a known athlete within his community who was a star in football and hockey in his developing, small town, outside the Greater Toronto Area (GTA). The business runs on a model that operates by 70% of sales coming from local teams purchasing uniforms and equipment, and the remaining 30% of sales consist of in-store sales to the general public. According to Rocky’s accountant, the last few years of sales to local teams has covered business expenses, while sales to the general public have profited the store. Over the years, the store has been accumulating inventory due to a low turnover rates, which resulted in increases of short-term dept and interest expenses. Rocky is searching for ways that he can grow his sporting goods business’ profits, increase inventory turnover, and lower short-term dept and interest expenses in a community where organized sports has been declining over the years. Problem Statement and Objectives The Sports Guy faces a problem of accumulating inventory, which in result is increasing shortterm dept and interest expenses. The owner of The Sports Guy, Rocky wants his business to grow with the growing town that he and the business reside in. In order for the business to grow, Rocky requires access to bank credit to finance higher inventories and future expansion. Before Rocky is eligible for the...
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...Nike recently released an advertisement video on July 13th, 2015, “Short A Guy,” the hit video has been seen on TV and has over three million views on YouTube. As a company, Nike has set out to have the gear that will make the customer look as nice as they play. Top flight athletes all across the country use their gear, and in this advertisement it showed the likes of Mike Trout, Andrew Luck, and Anthony Davis all wearing Nike apparel playing their own respective sports. Trying to get the audience to buy their athletic gear, this advertisement clearly appeals to those who are interested in athletics and does so through the use of ethos, logos, and pathos. Throughout this advertisement, the audience is taken through a variety of settings and...
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...Is Bodybuilding a Sport? There are many sports that all everywhere in the world. People in now society, think that bodybuilding is not a sport. What is bodybuilding? Bodybuilding is a competitive sport that spans all age of group to that is from teen to master. The body is a person that can be a female and male. The build have to be perfect to proportions, symmetry, size and shape. The arms, chest, shoulders, back, legs and abs have to be build. The stereotypes and myths in most that is carry and in the Encyclopedia of Bodybuilding, it probably has more than any other. That why bodybuilding can be put in the sports group that media is putting out. Bodybuilding is a sport of participants that are statistically more athletic than most others sport. Where Trey Brewer can run a 4.62 40 yard dash and Hockey players, Football players, and Basketball players have to bench press different weigh to be pro but bodybuilder do not have to. The competitiveness comes from the physique of the body, instead of the performance though, it is look. Its extreme amounts of weight training, and very strict dieting as well as other sacrifices. People in the United States say that bodybuilding is not a sport. The question is what is sport? Sport is organized athletic activities that played with individually and in teams. Some sports can be played by females and male of all ages. Many people participate in sport as professional for personal enjoyment of the love of competition, or as...
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...so many things. Allow me to name just a few of the main aspects of a man’s appearance that are criticized. Our height is a big problem. Society tells guys that if they are not 5’10” or taller that they are short. This leads to people...
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...My reason for thinking this is that unlike athletes in other sports who only have to prepare and take care of themselves and their equipment, a rodeo athlete has to ensure that himself, his equipment, and his horses are all in good working condition to be a true winner. Normally when a guy loses at a rodeo it is because he hasn’t spent the time in the practice pen that is needed for winning or his equipment failed him from lack of upkeep, but a true winner comes prepared for the day of battle and never loses but only gets beat from time to...
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...Nintendo Wii, Xbox, and Sony’s Playstation 3 are the top three video game consoles in the U.S. market. In order to become more competitive, and gain a larger share within the video game console market, Sony must make some changes within their marketing mix. In an industry with a value of over $450M and $670M, the U.S. video game console and video game software markets, respectively, are rapidly growing and highly profitable markets. The largest segment of the market (over 56%) for video game consoles are men ages 18-34. These young men are purchasing action/adventure games (39% of the video game market) and sports games (36% of the video game market). In order for Sony to capture a larger share of the video console market through their Playstation 3, Sony should adjust their marketing strategy to market towards men 18-34 and use the sports video game market to assist their marketing for the console. Current marketing techniques are designed to increase anticipation, video clips/trailers for the video games, and the utilization of humor and dramatization. Sony can use current techniques to their advantage by focusing their efforts towards men aged 18-34. Differentiating the Playstation 3 against Wii and Xbox, Sony can gain more appeal for the targeted demographic. One of the biggest interests and of young men aged 18-34 is women. Using women and perceived sexuality, Playstation 3 can create differentiation within the market to generate a greater appeal within the targeted...
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...Personal Best Athlete Profile Bill Altman, 82 San Antonio, Texas Senior softballer proves “If you build it, they will come” When Bill Altman retired from his Air Force career, he was itching for something to do to keep moving. He had played baseball in high school, fast pitch softball at the University of Michigan and had even spent a year on the Air Force all star softball team. But after flying missions over Vietnam and starting a family, he had not found time for sports. When he learned about senior games having softball, he found some guys his age to make up a team. It was fun and he wanted to play more. But there were no other senior teams in San Antonio. Bill Altman changed all that. He and his team found more players, and the San Antonio Senior Softball League was founded in 1987. He is still its chairman and primary advocate. The league obtained old fields from the city and fixed them up with money they raised. Today there are hundreds of seniors from every walk of life that are sharing the love of baseball and staying fit for life. The league has a plan to expand to a modern complex that will meet their growing needs and can host regional tournaments to bring in tourism. In addition to managing, playing and running the league, Altman has participated in state and national senior games in softball, tennis and track and field events. He’s also been inducted into the Texas Senior Softball Hall of Fame. Along the way he has maintained his Personal Best and helped...
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...Every day we walk by leaders some good some bad some just average. There are many different styles of being a leader some people like to be vocal liters and some people just like to let their performance on and off athletic surface be there shining light of leadership. On the playing surface there are 2 Leaders it stand out in my mind. One of them being the coach and one of them being a player I've chosen write my essay on one of my favorite coaches of all time and one of the greatest leaders I believe in college basketball that is Bob Huggins head coach for the West Virginia mountaineers. I will now described in the following paragraphs what makes him such a successful leader and what characteristics and traits or important to provide throughout the company of being a leader. What makes Bob Huggins successful? I don't believe in just one thing making one person a successful leader there's not one characteristic or trade that one person have that defines them as a successful leader I believe there is a resume of traits and personality's performances that make you a successful leader to me in my eyes Bob Huggins has hit all those credentials on my resume for a successful leader. He has a vast knowledge of the game for that he played in years of college basketball and attempted to play professionally until his knee blew out so then he went into the next best thing which is coaching. He took teams that were at the bottom of the bucket like the University of Akron zips and turn...
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