...reviewed by your peers and by your facilitator in week five and should be revised as necessary based on feedback as the first part of the final assignment in week six. Select a new, realistic good or service for an existing industry. Write the economic analysis section of a business proposal. This will include statements about the market structure and the elasticity of demand for the good or service, based on text book principles. You need to create hypothetical data, based on similar real world products to estimate fixed and variable costs. Required Elements: * Identify market structure * Identify elasticity of the product * Include rationale for the following questions: * How will pricing relate to elasticity of your product? * How will changes in the quantity supplied as a result of your pricing decisions affect marginal cost and marginal revenue? * Besides your pricing decisions, what are your suggested nonpricing strategies? What nonpricing strategies will you use to increase barriers to entry? * How could changes in your business operations alter the mix of fixed and variable costs in line with your strategy? * No more than 1400 words * Your proposal is consistent with APA guidelines Business Proposal - Thomas Money Service, Inc. Scenario The following pages will discuss the subsidiary of Thomas Money Service, Inc., Future Growth Inc. (FGI). It will be presented as a business proposal with an emphasis on product...
Words: 4179 - Pages: 17
...Beverage Inc. XIAO ZHANG Assignment: 1. Use the information in case Exhibits 1 and 2 and other necessary data in the case on activities and costs to develop an activity-based cost system for JBI to use to determine customer profitability. Use this system to estimate customer profitability for Saver Superstore, Oscar’s OddLots, Midwellen Supermarket, and Downtown Retail. * Answer: * Product handling allocation rate:672,000/800,000=$0.84/case * Taking orders from customers allocation rate:$100,000/500=$200/order * Delivering the product allocation rate:$140,000/44,800=$3.125/mile * Expediting the deliveries allocation rate:$198,000/2,500=$79.2/delivery * Sales visits allocation rate:$90,000/360=$250/visit * * JBI’s Activity based customer service cost calculation * (1)saver super store customer service cost: * * Activity area activity- based usage *activity rate = activity cost * Production orders 80,000*0.84= $67，200 * Taking orders 16 *200=$3,200 * Delivering the product 550 *3.125=$1,718.75 * Expediting the deliveries 10 *79.2=$792 * Sales visits 12 *250=$3,000 * Total cost: $ 75,910.75 * Service cost per...
Words: 844 - Pages: 4
...Environment……………………………………………………………………...19 Competitive Environment………………………………………………………………………..20 Industry Analysis………………………………………………………………………………...21 Summary of Opportunities and Threats………………………………………………………….24 Internal Analysis…………………………………………………………………………………29 Personal Issues…………………………………………………………………………………...33 Organizational Structure…………………………………………………………………………33 Culture……………………………………………………………………………………………34 Marketing Issues…………………………………………………………………………………34 Financial Issues…………………………………………………………………………………..35 Technology, R&D, and IS Issues………………………………………………………………...36 Production and Operation Issues………………………………………………………………...38 Summary of Strengths and Weaknesses…………………………………………………………39 Review Current Mission, Objectives, Strategies………………………………………………...42 Revised Strategies and Objectives……………………………………………………………….43 Alternative Strategies…………………………………………………………………………….44 Discussion of TOWS Analysis…………………………………………………………………..46 Discussion of BCG Matrix……………………………………………………………………….48 Recommended Objectives and Strategies………………………………………………………..48 Conclusion……………………………………………………………………………………….49 References………………………………………………………………………………………..50 Appendices……………………………………………………………………………………….53 EXCUTIVE SUMMARY Yahoo! is a digital...
Words: 12361 - Pages: 50
...course of action Clarissa could take with regard to her claim of unfair dismissal and whether she can go ahead and take Flare Missiles job offer without breaching her contract with Precision Missiles plc. In this regard, I would be able to offer her better advice concerning what action she could take and the consequences associated with each action. Discussion This discussion will start with first explaining the ‘Garden leave’ clause in relation to employment contracts and proceed to explicate the extent of its enforceability. This will be with the aim of finding out whether Clarissa can be able to successfully proceed with her compensation claim of unfair dismissal and under what grounds she should do that. According to Smith & Thomas, garden leave clause aims at offering protection for companies against competition in the situation where one of their employees who may be in possession of commercial information which may be sensitive or have relationship with the company’s clients. A clause is enforced in the employee’s contract, which requires them to not work and stay at home for a given period and still...
Words: 2406 - Pages: 10
...augment the solution………..7 Conclusions…………………………………………………………………………………….8 High level implementation plan……………………………………………………….9 Specific bulleted list of recommendation………………………………………….9 References……………………………………………………………………………………..10 Abstract With technology becoming a priority for running a successful business today there are ways that technology can be a solution to a company or organizations problem. Technology can provide a great way to stop unnecessary losses for a company. Continuous waste can be pin pointed and rectified with the right technology. For instance America wasted 33.79 million tons of food in 2010. Which was enough to fill the Empire state Building 91 times. Ten years ago that waste number was 16 percent lower (Thomas, 2013) Restaurants can contribute to a majority of the waste due to misinformation or training errors. Brief Company background Chick-fil-a is an American fast food restaurant chain that was founded in Hapeville, Georgia in 1946. The food chain has become a cultural icon in the southern United States. Chick-fil-a is strongly...
Words: 1730 - Pages: 7
...Revised Business Proposal ECO/561 February 13, 2012 Revised Business Proposal Background Thomas Money Service Inc. began its operations in 1940 as a consumer finance company granting small loans for household needs. By 1945 TMS had expanded its services to include business loans, business acquisition financing, and commercial real estate loans. The following year, the company branched out into equipment financing through a subsidiary named Future Growth Inc. (FGI). The company’s decision was made at just the right time. The end of World War II brought about an increasing demand for construction and forestry equipment and paved the way for the company to purchase an equipment manufacturing company in 1951. The manufacturing company allowed FGI to build, sell, and finance their own brand of building and forestry equipment. At the same time, FGI made the decision to discontinue financing other brands of equipment. The company continuously increased profits year after year for 67 years. Even economic downturns did not slow them down and FGI continued operations without laying off a single worker. The value of the company’s stock grew to $85.60 from $5.00 and experienced six stock splits from 1975 to 1998. The present stock value is $35. A recent global downturn in the economy has affected the industry. Several forestry states including Oregon and Washington have encountered flooding, massive fires, and protests from animal activists. The effect of these disasters affected...
Words: 2036 - Pages: 9
...ETHICAL ISSUES INVOLVING WAL-MART STAKEHOLDERS Employee Stakeholders DISCRIMINATION The U.S. Equal Employment Opportunity Commission (EEOC) has filed fifteen lawsuits against Wal-Mart since 1994. Of these, ten are still pending, and five have been resolved. FEMALE EMPLOYEES Although women account for more than 67 percent of all Wal-Mart employees, women make up less than 10 percent of top-store managers. Wal-Mart insists that it adequately trains and promotes women, but in 2001 a Wal-Mart executive conducted an internal study that showed the company paid female store managers less than men in the same position. In June 2004, a federal judge in San Francisco granted class-action status to a sexdiscrimination lawsuit against Wal-Mart. It is the largest class-action lawsuit and involves 1.6 million current and former female employees at Wal-Mart. It claims that Wal-Mart discriminated against women in promotions, pay, training, and job assignments. Even Wal-Mart concludes in its annual report that if the company is not successful in its appeal of the class-action certification of the case, the resulting liability could be material to the company. DISABLED EMPLOYEES In January 2000, Wal-Mart agreed to pay two deaf applicants $132,500. The two applied to work at a Wal-Mart in Tucson, Arizona, but were denied employment because of their disabilities. Wal-Mart agreed to hire the two men as part of the settlement and to make corporate-wide changes in the hiring and...
Words: 2502 - Pages: 11
...requirements for foster parents are not adequate enough to ensure that the children are in good hands. Foster care is when a child is provided with a temporary family life. Children that are placed in foster care are neglected, abused, or removed due to extreme circumstances that occur in the household. Social services play an important role on selecting the right foster parents for the children. To become a foster parent there are many requirements and regulations necessary to place the child in the right temporary custody. Some minimum requirements to become a foster parent include that you have to be at least twenty-one years old, be free of communicable diseases, be financially self supporting, and complete and pay for a criminal history check. Also the applicant can’t have over six children under the age of eighteen, including their own biological children (Taneika Goldman). Do these guidelines work? The guidelines need to go into more detail to increase the safety of the foster children. Are foster parents taking in children just to benefit themselves? The guidelines that are in place now could be better. The minimum requirements to become a foster parent need to be revised in order to see maximum success. Foster care is a system in which a minor is taken from their biological parent voluntarily or involuntarily and is placed in temporary custody of a certified foster parent. Children are taken from their homes due to varioss reasons. Sometimes biological parents sign...
Words: 1946 - Pages: 8
...An Assessment of Corporate Cash Management Practices Author(s): Lawrence J. Gitman, Edward A. Moses and I. Thomas White Source: Financial Management, Vol. 8, No. 1 (Spring, 1979), pp. 32-41 Published by: Wiley on behalf of the Financial Management Association International Stable URL: http://www.jstor.org/stable/3665408 Accessed: 26-04-2016 11:33 UTC Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at http://about.jstor.org/terms JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide range of content in a trusted digital archive. We use information technology and tools to increase productivity and facilitate new forms of scholarship. For more information about JSTOR, please contact support@jstor.org. Financial Management Association International, Wiley are collaborating with JSTOR to digitize, preserve and extend access to Financial Management This content downloaded from 202.79.21.43 on Tue, 26 Apr 2016 11:33:11 UTC All use subject to http://about.jstor.org/terms An Assessment of Corporate Cash Management Practices Lawrence J. Gitman, Edward A. Moses, and I. Thomas White Lawrence J. Gitman and Edward A. Moses are Associate Professors of Finance in the College of Business Administration at the University of Tulsa. I. Thomas White is a mechanical engineer with Mobil Pipeline Company in Dallas, Texas. The cost of preparation, distribution, and other clerical...
Words: 6607 - Pages: 27
...FIN 4414 Financial Management Course Syllabus Spring 2010 Term INSTRUCTOR: Dr. T. Craig Tapley Graham-Buffett Master Lecturer of Finance Section: Section: Room: 2109 – Monday and Wednesday, Periods 3-4 (9:35 a.m. – 11:30 a.m.) 7111 – Monday and Wednesday, Periods 5-6 (11:45 a.m. – 1:40 p.m.) 112 Matherly Hall Office Hours: Wednesday (2:00 p.m. - 3:00 p.m.) Thursday (1:00 p.m. - 2:30 p.m.) CONTACT INFORMATION: Office: Phone: Fax: E-Mail: 329 David Stuzin Hall (352) 392-6654 (352) 392-5237 ctapley@ufl.edu http://vista.courses.ufl.edu/ Class Webpage: COURSE MATERIALS: TEXTBOOK 1. Financial Management: Theory and Practice (12th Edition), Eugene F. Brigham and Michael C. Ehrhardt, Thompson/South-Western, 2008, ISBN: 0-324-42269-5. The official textbook for the class will be an excellent reference book as you start your career, as you may easily find that there will be times, on the job, when you need to reference prior material, or formulas, covered in your corporate finance classes at UF. However, books have become somewhat expensive, so you may, instead, purchase the 11th or 10th Edition of the book, typically at a cheaper price, through various online booksellers. However, there are minor differences between the 10th, 11th, and 12th editions; mainly in the order of the chapter. These differences should not impact your ability to perform well in this class, but you may need to map the chapters in the 10th or 11th Edition to those assigned in the 12th Edition. This is...
Words: 10794 - Pages: 44
...***THIS IS NOT THE ACTUAL BOOK. YOU ARE BUYING the Solution Manual in e-version of the following book*** Name: Accounting Information Systems Author: Romney Steinbart Edition: 11th ISBN-10: 0136015182 Type: Solutions Manual - The file contains solutions and questions to all chapters and all questions. All the files are carefully checked and accuracy is ensured. - The file is either in .doc, .pdf, excel, or zipped in the package and can easily be read on PCs and Macs. - Delivery is INSTANT. You can download the files IMMEDIATELY once payment is done. If you have any questions, please feel free to contact us. Our response is the fastest. All questions will always be answered in 6 hours. This is the quality of service we are providing and we hope to be your helper. Delivery is in the next moment. Solution Manual is accurate. Buy now below and the DOWNLOAD LINK WILL APPEAR IMMEDIATELY once payment is done! Prepare to receive your Accounting Information Systems Solution Manual in the next moment....
Words: 18533 - Pages: 75
...talk about is our countries current Economic Crisis, and in my opinion drives all the other factors that affect airline industry’s the most. The current economic situation is not good and therefore will have an effect on what a customer will or will not do. Air travel is very expensive as it is, in my opinion, so a sluggish economy will add more pressure on an individual or family thinking of flying anywhere. The second area that affects the airline industry is the cost of aviation fuel. If fuel prices are high, the airline will have to charge more for tickets. As I mentioned earlier, higher ticket prices is not what the public wants in our current economy. The airline industry is a business and in order to make money and continue to provide the service, the company has a breakeven price, approximately 66% of their operating cost (Airline Economics Break Even Load Factors Paragraph). If the company doesn’t break- even, they will go out of business or be bought out by someone else. The last area is environmental factors. There are numerous environmental factors that affect the airline industry. In the winter months if it snows more in one particular month and the airline industry has to apply Deicer to the plane, this is additional cost for the airlines, plus the crew that work the machine...
Words: 2861 - Pages: 12
...STRATEGIC AUDIT HARLEY DAVIDSON Inc Audit Team: Graeme Eldridge Enya Gu Areeya Ongmongkonkun John Gao CONTENTS |Case Abstract |3 | |History |4 | |Current Situation | | |Performance |5 | |Strategic Position | | |Mission |5 | |Objectives |5 | |Strategy |6 | |Policies |6 | |Corporate Governance | ...
Words: 6565 - Pages: 27
...Curriculum Source References The following references were used in the CFA Institute-produced publications Quantitative Methods for Investment Analysis, Analysis of Equity Investments: Valuation, and Managing Investment Portfolios: A Dynamic Process. Ackerman, Carl, Richard McEnally, and David Ravenscraft. 1999. “The Performance of Hedge Funds: Risk, Return, and Incentives.” Journal of Finance. Vol. 54, No. 3: 833–874. ACLI Survey. 2003. The American Council of Life Insurers. Agarwal, Vikas and Narayan Naik. 2000. “Performance Evaluation of Hedge Funds with OptionBased and Buy-and-Hold Strategies.” Working Paper, London Business School. Ali, Paul Usman and Martin Gold. 2002. “An Appraisal of Socially Responsible Investments and Implications for Trustees and Other Investment Fiduciaries.” Working Paper, University of Melbourne. Almgren, Robert and Neil Chriss. 2000/2001. “Optimal Execution of Portfolio Transactions.” Journal of Risk. Vol. 3: 5–39. Altman, Edward I. 1968. “Financial Ratios, Discriminant Analysis and the Prediction of Corporate Bankruptcy.” Journal of Finance. Vol. 23: 589–699. Altman, Edward I. and Vellore M. Kishore. 1996. “Almost Everything You Wanted to Know about Recoveries on Defaulted Bonds.” Financial Analysts Journal. Vol. 52, No. 6: 57−63. Altman, Edward I., R. Haldeman, and P. Narayanan. 1977. “Zeta Analysis: A New Model to Identify Bankruptcy Risk of Corporations.” Journal of Banking and Finance. Vol. 1: 29−54. Ambachtsheer, Keith, Ronald Capelle, and...
Words: 12603 - Pages: 51
...stand alone—behind it must be something deeper, a message or a symbol which should represent or relate back to the identity of the brand. Within the luxury sector, where products are often an investment regardless of one’s socio-economic status, conveying an identity is crucial. If the consumer cannot see what he or she will gain from purchasing a $2,000 handbag or a $26,000 watch, there will be no sale, and the ship that is the brand will sink. John Goodchild and Clive Callow, authors of Brands: Visions and Values, relate the success of brands to “their ability to communicate meaning.” They write that successful brands “communicate a rich set of messages and allow us to feel that we can relate to the underlying offer, be it a product, a service, or a company” (Goodchild, 21). Effective branding changes a consumer’s mentality from one of “I’ll buy that” to one of “I’ll buy into that.” Ralph Lauren is...
Words: 2971 - Pages: 12
