...a. SINGH COMPANY’S JOURNAL ENTRIES FOR 2011 |Date |Entry number | |Amount debited |Amount credited | | | |Names of accounts debited and credited | | | |Jan. 1 |1 |Cash (A) |250,000 | | | | |Share Capital (SE) | |250,000 | | | |Issuance of 10,000 shares for cash. | | | |Jan. 2 |2 |Cash (A) | 50,000 | | | | |Bank Loan(L) | |50,000 | | | |Loan from bank. | | | |Jan. 3 |3 |Land (A) | 60,000 | | | | |Building (A) |140,000 | ...
Words: 587 - Pages: 3
...Question 1 – Company History, Policies & Reviews 1. What is the core business of Pacific Brands Ltd? |Pacific Brands Ltd is marketing a series of brands, covering Underwear, Hosiery, Work | |wear, Home wares, Footwear, Outerwear and Sport. Its main concern is on how to allocate | |the limited resources efficiently among these brands in order to generate the most profit from | |them. | [2 marks] 1.2 What is the core business of Country Road Ltd? |Country Road is an Australian Fashion Retailer, whose main products cover clothing, | |footwear, accessories, home ware and furniture. Its main concern is on development of the | |brand Country Road and Trenery by increasing its customer base, improving its products, | |providing better shopping environment etc. | [2 marks] 1.3 What did the “Strategic Review” highlight in terms of structural changes for Pacific Brands Limited? (Refer to the Chairman and CEO Review...
Words: 3368 - Pages: 14
...Summary: Pfizer-Wyeth Merger Deal Overview: On January 25, 2009, Pfizer and Wyeth entered into the merger agreement, pursuant to which, subject to the terms and conditions set forth in the merger agreement, Wyeth will become a wholly-owned subsidiary of Pfizer. Upon completion of the merger, each share of Wyeth common stock issued and outstanding will be converted into the right to receive, subject to adjustment under limited circumstances, a combination of $33.00 in cash, without interest, and 0.985 of a share of Pfizer common stock in a taxable transaction. Pfizer will not issue more than 19.9% of its outstanding common stock at the acquisition date in connection with the merger. The exchange ratio of 0.985 of a share of Pfizer common stock will be adjusted if the exchange ratio would result in Pfizer issuing in excess of 19.9% of its outstanding common stock as a result of the merger Deal Terms Breakdown: Transaction Value Transaction Consideration Purchase price per WYE share $50.19 Existing Cash Used $22,213 32.7% Cash per WYE share $33.00 New Debt $22,500 33.1% PFE stock value per WYE share $17.19 Total Cash $44,713 65.8% PFE shares per WYE share 0.985 Stock Consideration $23,289 34.2% Premium to 1/23/09 WYE price 29.3% Total Consideration $67,303 100.0% Total WYE shares (MM,diluted) 1,341 Total Equity Value ...
Words: 8308 - Pages: 34
...H&M’s business-model mainly focuses on outsourcing and ZARA’s business-model mainly focuses on in-house production. The problem is that the existing theories alone cannot explain why two firms competing in the same environment under the same conditions choose different business-models. The purpose of this dissertation is to further expand the idea of why the two clothing firms H&M and ZARA chose different business-models. Our set of Complementarities for H&M and ZARA are based on the information derived from studying theories, the EU clothing industry and the two firms. Finally, Complementarities were analysed by conducting interviews. Our Complementarities partly explain why H&M and ZARA chose different business-models. However, our analysis is applicable for H&M and ZARA since the Complementarities are based on characteristics found in these two firms. The value of Complementarities can be used by other firms if they find their specific characteristics. Keywords: business-models, internalization, governance structure, key resources, Complementarities, EU clothing industry Table of Contents Chapter 1 ______________________________________________ 1 1.1 Background ___________________________________________________1 1.2 Problem ______________________________________________________2 1.3 Purpose_______________________________________________________3 1.4 Research...
Words: 24185 - Pages: 97
...Margaret Caldwell 2789 Arviara Park-way Carlsbad, CA 92008 Dear Mrs. Caldwell We received your letter on November 11 regarding the transactions made at Wilson’s Gourmet market. It’s our priority to thoroughly investigate situations which inconvenience our customers with any of their accounts. Our goal is to continuously improve our services and protect our clients from erroneous transactions. Unfortunately, due to the nature of some transactions common amongst our clientele, we are unable to credit a reimbursement. Our assessment based off the analysis conducted of all the information surrounding your claim, we have verified that the transactions with reference number 1440022-22839837109 were three separate transactions made on the same day at Wilson’s Gourmet market. Transaction numbers generated by this vendor are produced daily, not hourly, so the purchases made on the day of these transactions; $23.02, $110.95, and $47.50 retain the same transaction number. In addition, we conducted an investigation on the vendor’s register and credit machine which concluded that they were operating correctly and without miscalculation. We are very sorry to inform that we will not be able to approve a refund of $181.47 to your checking account, because these charges were not a result of the bank or merchant error. You are a valued customer and...
Words: 416 - Pages: 2
...Systems analysis – the process of understanding and specifying in detail what the information system should do Systems design – the process of specifying in detail how the many component parts of the information system should be physically implemented Systems analyst – a business professional who uses analysis and design techniques to solve business problems using information technology Supers system a larger system that contains other system Functional decomposition – dividing a system into components based on subsystems that in turn are further divided into subsystem System boundary – the separation between a system and its environment that inputs and outputs must cross Automation boundary – the separation between the automated part of a system and the manual part of a system Transaction processing system – information systems that capture and record information about the transactions that affect the organization Management information system – information system that takes information captured by transaction processing systems and produces reports that management needs for planning and control Executive support system – support system that allow a user to explore the impact of available options or decisions Communication support system – supports systems that allow employees to communicate with each other and with customers and suppliers. Office support systems - support that help employees create and share documents including reports proposals, and memos Tools – software products...
Words: 605 - Pages: 3
...Outsourcing 1/60 ABSTRACT: The main focus of this project is investigating and exploring the impact of outsourcing on one of the most iconic Danish companies (LEGO), which attracted our attention during the preparation of this project. We decided to focus on a single case study, because we felt that dividing our efforts by investigating more than one company, would not allow us to focus in sufficient detail on the domino effects that outsourcing can have on a singular institution. The main question of this project is “How could LEGO improve the Make-or-buy- decision and the relationship management when it comes to outsourcing”? In order to answer the main question, we must consider two sub-questions stemming from the main issue, namely: “How could LEGO improve the decision-making-process to outsource by taking more influencing factors into consideration?” and “What could LEGO have done differently in its relationship to the outsourcing vendor Flextronics”. We used the Case Study Research method to work on these questions. Doing that, we reviewed theories, which explained the phenomenon of outsourcing on a theoretical basis. After creating a theoretical framework and the database, we analyzed the case (LEGO) for parallels between the theories and their practical experience. Finally, we were able to drawn some conclusions to both the central and subsidiary questions initially posed. In summary, it can be said that LEGO did not take all aspects into...
Words: 18615 - Pages: 75
...Lessons from Alibaba.com: government’s role in electronic contracting Qin Hu Xun Wu and Clement K. Wang The authors Qin Hu is a Lawyer, Legal Counsel of China Merchants Sekou Industrial Zone Company Limited, Shenzhen, China. Xun Wu is based at the Wharton School, University of Pennsylvania, Philadelphia, Pennsylvania, USA. Clement K. Wang is Associate Director (Research), NUS Enterprise Centre, National University of Singapore, Singapore. Introduction Story of Alibaba.com The development of e-commerce has been nothing short of explosive in recent years. Many believe that its growth and impact will only become more prevailing in the future. The sale of goods by US firms over the Internet, for example, is predicted to reach $1.3 trillion by 2003. By 2004, European enterprises are expected to have online sales of $1.6 trillion[1]. Companies in China, with the largest population in the world, are also probing this new source of revenue. The China Internet Network Information Center (CNNIC) issued an Annual Report in Internet Development in January 2000 that estimates that there were 22.5 million Internet users in China at the end of 2000[2]. A recent nationwide survey showed that China had more than 1,100 consumer related e-commerce Web sites by the end of the first quarter in 2000 (People’s Daily, 2000). Four Web companies, Sina.com, Sohu.com, China.com, and Netease.com have already been listed on the NASDAQ. However, the country’s e-commerce market is still in its infancy....
Words: 7693 - Pages: 31
...Name: Mathel Joy P. Berin Date: 06-25-14 Course: BS Accounting Technology Year & Section: 3B Instructor: Elizabeth Bauzon Assignment #1 CS 212: Fundamental of Information System and System Development 1. What is an information system? What are some ways information system are changing our lives? * A combination of hardware, software, infrastructure and trained personnel organized to facilitate planning, control, coordination, and decision making in an organization. 2. How would you distinguish data and information? Information and Knowledge? To distinguish between data and information you need to know what each one means. Data is the raw material for processing and refers to unprocessed information. Information is processed data. Information is that which informs that from which data can be derived. Information is conveyed either as the content of a message or through direct or indirect observation of some thing. That which is perceived can be construed as a message in its own right, and in that sense, information is always conveyed as the content of a message. Information can be encoded into various forms for transmission and interpretation. Knowledge is a familiarity, awareness or understanding of someone or something, such as facts, information, descriptions, or skills, which is acquired through experience or education by perceiving, discovering, or learning. Knowledge can refer to a theoretical or practical understanding of a subject. 3. Enumerate...
Words: 2522 - Pages: 11
...Norges Handelshøyskole Bergen, Spring 2011 Master Thesis within the main profile of International Business Thesis Advisor: Professor Svein Ulset Title: International Modes of Entry Subtitle: The Case of Disney By, Carlos Gonzalez Hernandez This thesis was written as a part of the master program at NHH. Neither the institution, the supervisor, nor the censors are -through the approval of this thesis- responsible for neither the theories and methods used, nor results and conclusions drawn in this work. International Modes of Entry: The Case of Disney 1 Abstract The case of Disney’s theme parks represents an opportunity to test major internationalisation theories in a setting of large investments with little chance for reversal of commitments. The purpose of the research is to study the benefit of different entry modes dependent on Disney’s Theme Parks value-generating resources and capabilities while conditioned to certain local industrial and institutional conditions in foreign markets. Five major theories and frameworks were used to analyze all four Disney’s ventures abroad. This resulted in 20 individual hypotheses analyzed. Results indicate that Disney followed a predictable internationalisation process in the cases of Tokyo, Hong Kong and Shanghai, but that it went off-path in the Paris one. In successful cases Disney followed a cautious approach, involving local partners to transfer and adapt the “Disney Experience”. In the case of Paris the company decided to enter...
Words: 19107 - Pages: 77
...their selections. True Vinyl will allow our customers to browse through our physical store or shop online to find the record; we will also offer in-store pick-up or safe fast shipping for our online customers. The key to our store’s success will be information systems. True Vinyl will need to utilize both computer-based forms as well as non-computer based types of information systems in order to be successful in providing excellent service and products to our customers. For True Vinyl, I propose utilizing: • Functional Area Information System for payroll this would help this business system for processing and payroll. The sales would have to be cost effective to be able to support the increase of employee’s to purchase this system. • Transaction Processing System this system would help out in sales with policies, procedures, equipment to help with point of sales. • Office Automation Systems this would help with middle managers, and knowledge workers. These employees would schedule resources for record sales projection with calendars and would communicate with e-mail, voicemail, videoconferencing and groupware. • Supply Chain Management System would help employees manage flow of products from various suppliers. If a customer is looking for a certain record we can look when we would be getting it in and...
Words: 674 - Pages: 3
...culture, and guanxi network is used to elaborate the information obtained from the company. Findings – This paper highlights that the belief of sincerity and trustworthiness has refined to the organization culture that supports the sustainability of Taiwanese guanxi network. Besides, the transaction cost theory, resource-based view, and specific relationship investment has become a hinder strategy for Taiwanese organization to maintain the business relationship. This paper introduces an interesting collaborative strategy between three parties, the original equipment manufacturer (OEM) supplier, the machinery manufacturer, and the end-user (the branding). Although there is no direct business flows between the end-user and the machinery manufacturer, the specific relationship investment between these two parties are tight and cannot be separated. This has ensured the proper business flows between the OEM supplier and the end-user as well as the OEM supplier and the machinery manufacturer. Originality/value – This paper illustrates that a guanxi network is not sufficient to ensure a long-term business relationship to be established. Indeed, the organization culture as well as the consideration on the transaction cost and resources from each party does have a great impact on the collaboration relationship to be...
Words: 6442 - Pages: 26
...approximately 94% of the funds are allocated to domestic security market, although the equity market in US only added up to less than 48% of global equity market as a whole. Therefore, extensive amount of studies have been conducted in order to identify the driving force behind the home bias. Based on the findings of the empirical studies, it reveals that the determinant of home bias can be conclude as high transaction cost and information asymmetric. One of the factor the cause the arisen of home bias is due to the high transaction cost. Transaction costs have been appeared in a few research papers but most of them have been ended with different conclusion. The research conducted by Domowitz, Glen, and Madhavan (1998) have classified the transaction cost into three components that is commission, fee and “market impact” cost. Market impact cost is defined as the expense incurred to the trader when trading a security. The cost often leads to a fluctuation in the market that will affect the market liquidity when the security is invested. However, some research argues that transaction costs are unlikely to explain the puzzle of home bias. In the research investigate by Tesar and...
Words: 1132 - Pages: 5
...In 1996, Arauco acquired Alto Paraná in Argentina to expand its land holdings and production capacity of pulp. Alto Paraná produces approximately 350,000 tons of pulp in its own pulp mill, which is supplied by its own plantations (50%) and third parties (50%). Alto Paraná frequently enters into negotiations with third parties, but must contend with substantial transaction costs due to the remoteness of the Alto Paraná facility. These transaction costs, in the form of transportation expenses, drastically decrease profit margins. In our analysis of Alto Paraná’s operations, we calculated the quasi-rents to be $61.7/ton. Given these costs, we believe that Arauco made the right business decision to vertically integrate Alto Paraná’s operations to own both forests and pulp production facilities. In order to calculate quasi-rents, the components of transaction costs to both the pulp mill and the forest, and each party’s next-best selling and buying alternatives (if they were to stop conducting business with each other) must be evaluated. If the pulp mill does not procure softwood from the surrounding forest plantations it would have to acquire it from Corrientes, which is 300 km away. As such, Alto Paraná would incur additional transportation costs (assuming cost of wood is the same at both places) over the new supply route. This value (Tcpulp) comes out to $14.4 / ton (see Appendix). If the local forested wood cannot be sold to the pulp mill in Alto Paraná, it will have to be...
Words: 795 - Pages: 4
...Tasks improve the quality of datasets According to (Shankaranarayan & Even, 2009) specific tasks that could be performed to improve the quality of datasets using SDLC are: Auditing. Quality defects occur during data processing (e.g., due to miscalculation, or mismatches during integration across multiple sources), or after data is stored (e.g., due to changes in the real-world entity that the data describes). Addressing these defects requires auditing records, monitoring processes, and detecting the existence of defects. Correction. It is often questionable whether the detected defects are worth correcting. Correction might be time consuming and costly (e.g., when a customer has to be contacted, or when missing content has to be purchased). One might hence choose to avoid correction if the added value cannot justify the cost. Prevention. Certain methods can prevent data defects or reduce their occurrences during data acquisition, for example, improving data acquisition user interfaces, disallowing missing values, validating values against a value domain, enforcing integrity constraints, or choosing a different (possibly, more expensive) data source with inherently cleaner data Data Refinement: Datasets are refined at regular intervals and database is checked for the orphan accounts if any in the system. Orphan accounts may result into dangerous issues so it should be handled carefully. Data Governance implementation: Data Governance Maturity model can be implemented....
Words: 743 - Pages: 3