...Problem Identification Shelby Givens, general manager of Westlake Bowling Lanes has worked over a 9 month period to try and get the company back on its feet. Although Westlake generated its first month of profit in over 2 years, they still weren’t close to paying back the loan from the board members. Shelby has come up with 2 ideas she thinks will revive the business and attract new customers and she is ready to present them to the board. Ultimately, the board members will be the ones to decide if they will support her, or sell the business. Will Shelby be able to convince the board members one of her ideas is worth pursing to save the business from liquidation and generate future revenue? External Analysis Porters 5 Forces: Threat of New Entrants With bowling being the most popular played sport in the United States, entering the business is fairly easy, but entering the business in Raleigh would be more difficult. Westlake Bowling Lanes has a prime location downtown close to lively neighborhoods and restaurants. Westlake Lanes has been around for over 30 years and has loyal customers and a strong relationship with those customers, giving them an advantage over possible new entrants. It would be difficult for a new bowling alley to obtain the location and customer relations that Westlake already has secured; therefore threat of new entrants is relatively low. Threat of Substitutes: Threat of substitutes is fairly high because there are many alternative activities...
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...4431 MAY 3, 2012 RICHARD G. HAMERMESH ALISA ZALOSH Westlake Lanes: How Can This Business Be Saved? Introduction Shelby Givens, general manager of Westlake Bowling Lanes, sat in her cramped office in downtown Raleigh, North Carolina. It was March 10, 2010, two weeks before the scheduled meeting of Westlake’s board—Givens’s uncle and two close family friends. During her 9-month tenure as general manager, Givens, working 70-hour weeks, reined in costs and gradually grew revenues. As a result, the business generated its first month of profit in over two years (see Exhibit 1). Yet Westlake was not on track to soon repay the funds the board had loaned it 16 months before. Givens was proud of her achievements, but she worried that they had been too little, too late. Would the board even consider a different path for Westlake if the loaned funds could not soon be repaid? Givens believed that lucrative opportunities were in Westlake’s future, but right now that future seemed uncertain. The board and Westlake’s employees were looking to Givens for guidance. Shelby Givens: Background Shelby Givens was raised in Charlotte, North Carolina, and attended the University of Virginia, graduating in 2005 with a B.A. in English. For the next three years, Givens worked as a copywriter and creative director for a boutique advertising agency in New York City. She then moved to the Midwest to attend a highly rated business school, from which she graduated in May 2009. As graduation approached...
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...Shelby Givens’s perspective Executive Summary Givens has decided to present to the board a new business strategy for Westlake Lanes’ future: an Upscale Bowling Lounge. She will be presenting this option as the best choice to maintain and expand the business, and will suggest issuing equity to new shareholders to finance the investment. The alternatives Options considered: (1) stand pat, (2) sell, (3) liquidate, (4) Kid-friendly and Upscale Bowling Lounge ideas. The main criteria used to evaluate these are: (a) financial impact, (b) Westlake legacy’s continuation, (c) personal fit for Givens. (1) Stand pat: the initiatives undertaken in 2009 will allow Westlake to close 2010 with a net income of $112k (Exhibit 1). This brings the business back to profit after 3 years and could allow the board to get the $100k back within 2-3 years, if the trend is sustained. This option would allow the business to continue with the legacy inherited from Dane Sugar. However, we can assume that the current business model has hit maturity, and this could hinder the business from performing substantially better in the short/mid-term. Furthermore, this option would not be a good fit for Givens, since she is looking to leave her own mark on the business, and has a strong entrepreneurial spirit. This idea, although feasible, would de facto frustrate Givens’s growth plans and potentially lead to her exit from the venture. (2) Sell: the continued losses over the last 3 years and the deteriorated Debt/Equity...
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...Introduction: Westlake Bowling Lanes is sixteen lanes, Ten-pin bowling alley located in Raleigh, North Carolina. It is currently being operated by Shelby Givens, but it originally belonged to her maternal grandfather Dane Sugar. Dane stared this business in the early 1970s. At that time the bowling alley had been profitable because it was the only bowling alley being constructed in Raleigh downtown. Dane started this business, as he was a passionate bowler himself. At his time the bowling alley prospered and became a place for families and other competitive league players to come and bowl. Upon Dane’s death someone had to step in and run the business so the board members, consisting of one of his son and his son’s close friends, offered the job of being the general manager to their oldest employee, Shirley Smith. As she had worked along with Dane for the longest time, she knew all the in’s and out’s of the business. But she lacked the appropriate managerial skill and experience and she couldn’t do much for the business and the bowling alley had not been doing well. One of the board members, Shelby’s uncle, contacted her and asked to step in and take control of the business. Shelby, an MBA graduate was considering her options when her uncle approached her. She decided to step in because the business belongs to her grandfather and she did not want it to go down the drain. She had worked with her grandfather at Westlake Lanes for two summers while she was still in college...
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...Westlake Lanes - Case Study Introduction: Westlake Bowling Lanes is sixteen lanes, Ten-pin bowling alley located in Raleigh, North Carolina. It is currently being operated by Shelby Givens, but it originally belonged to her maternal grandfather Dane Sugar. Dane stared this business in the early 1970s. At that time the bowling alley had been profitable because it was the only bowling alley being constructed in Raleigh downtown. Dane started this business, as he was a passionate bowler himself. At his time the bowling alley prospered and became a place for families and other competitive league players to come and bowl. Upon Dane’s death someone had to step in and run the business so the board members, consisting of one of his son and his son’s close friends, offered the job of being the general manager to their oldest employee, Shirley Smith. As she had worked along with Dane for the longest time, she knew all the in’s and out’s of the business. But she lacked the appropriate managerial skill and experience and she couldn’t do much for the business and the bowling alley had not been doing well. One of the board members, Shelby’s uncle, contacted her and asked to step in and take control of the business. Shelby, an MBA graduate was considering her options when her uncle approached her. She decided to step in because the business belongs to her grandfather and she did not want it to go down the drain. She had worked with her grandfather at Westlake Lanes for two summers...
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...in order to have a smooth movement of traffic on the roads, the traffic rules are made by the traffic police. These rules are meant to be followed to the last word by each and every individual moving on the roads, and becoming a part of the traffic. It is necessary to have rules for the road, but it is still more important for all of us to follow the set of rules. Once an individual is on the road, it is absolutely compulsory for him/her to follow the rules, and that also explicitly. We have just got to follow rules because, without following them there will be absolute chaos and confusion on the road, and no one will be able to move about. This chaos would lead not only to delays in movements but would also lead to struggles and even accidents. When, for example we are supposed to cross the road from the zebra crossing, we must make sure that we do so, for, if we cross from elsewhere, there is a chance that we meet with an accident. If we jump a red light we are putting ourselves to danger and are inviting trouble with the possibility of an accident. Thus, rules must be followed for maintaining discipline on the roads, and above all for our own safety. It is in our own interest that, when on the road, we follow the road traffic rules to the last word. The rules are there to keep us safe, and following them is in our own interest. When we break the rules we are inviting trouble to ourselves and doing no harm to any one else. The traffic rules in India are as strict as they...
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...• Chapter 2 o Section 1 People with licenses from other states as long as their home state grants the same thing for Texans • Have 90 days to get a Texas license after you move to Texas Types of licenses • Class A – commercial o Semi and big trucks • Class c –non commercial o Normal cars o Trailer cannot exceed 20,000 pounds o Before you take o 18 years of age Unless 16 and went to a course Class m – motorcycles or mopeds • Must take a specific course • Specific three Provisional license • Given to a driver if they are under 18 • Expire when they are 18 • Under 21 will be printed on license if they are under 21 How to obtain driver’s license • Name and address • Birth certificate • Social security card • Will be require to take a test and a vision test • Pass the in car driving test • Must have a proof of insurance • Must wear corrective lenses • Must have current expectation dates Restrictions may be placed on license • Required to wear glasses • Etc. When your license expires they send you a notification to renew it driving without a license can result in $200 fine suspensions • temporary loss of a driver’s license • reinstated at the end of the period • automatic suspensions o DWI o DWI with child o Failing to stop after collision o Driving with invalid/false driver’s license o Section 2 Admistrative suspensions • The dps has the authority to suspend o Repeted violations of traffic laws o To many collisons ...
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...There have been many technology advancements in the auto industry to make driving safer. For example: * Blind spot monitoring systems. These systems warn the driver if there is another vehicle close by when changing lanes. If the warning is ignored, some systems will apply one set of breaks to basically steer the car back into its own lane. * Forward/Rear facing cameras. The forward cameras are able to keep an eye on the road markings and warn the driver if they are veering into another lane. These cameras can also monitor traffic in front of the car to help prevent collisions by first warning the driver, then making a calculation of how much breaking time and force is needed keep the accident from happening or at least lessen the impact. If the warnings are ignored this system could activate the breaks itself. Rear facing cameras can “keep an eye out” for objects that the driver may not see when backing up * Radar Sensors. These sensors also detect objects that may be in the driver’s way when backing up. The drawback to these, they all require “line of sight” to detect the danger. Now the National Highway Traffic Safety Administration (NHTSA) is testing “Dedicated Short Range Communications (DSRC)” technology. These devices enable vehicles to talk with each other “(V2V)” as well as talk to “traffic management infrastructure (V2I)”. With any wireless signal being broadcasted, naturally there have been some concerns with how secure the transmissions are and what...
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...Introduction Kaskaskia Engineering Group, LLC was retained by St. Clair County Highway Department to prepare an Access Justification Report for Interstate 64 (FAI 64). St. Clair County has been working closely with Scott Air Force Base (SAFB) to alleviate traffic congestion problems on Illinois Route 158 (IL 158) in order to provide acceptable levels of service for Homeland Security response and future development of SAFB. In an effort to improve the operational needs of SAFB, St. Clair County is pursuing a new access point on FAI 64 at mile marker 21. The new interchange facility will provide a more direct link between SAFB and the interstate system. It will also add additional access to Mid America St. Louis Airport (Airport), relieve congestion on IL 158, improve the operation of the FAI 64/IL 158 interchange, improve mobility and efficiency on the local road system, and complement and support planned economic development by providing a new transportation facility on FAI 64. The purpose of this report is to provide the rationale to attain approval for the additional access point. This report will detail existing and anticipated future conditions in the Study Area and analyze the anticipated impact to the interstate and local roadway system. Anticipated future conditions have been derived in cooperation with the Scott Air Force Base/MidAmerica St. Louis Airport Joint Land Use Study (JLUS) which is discussed in Section 4. The JLUS is not a detailed development report...
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...describe Lark Lane I aim to compare not only the differences of this lane to City Road but also some similarities as well. Some differences and similarities I will be comparing will be for instance, the kinds of shops, what people live and work on the Lane and City Road and also how they both compare to each other not just through the day but also in the night. Lark Lane Lark Lane can be described as a quaint, Victorian street ,It is a mixture of new and established bars, restaurants, cafes and Boutiques which makes it a very popular place that attracts a mix of young, old, professionals, bohemians and students. There are many people to be found on Lark Lane that have lived there all their lives, that still go the same public house they went to forty years ago. The infrastructure to Lark Lane is very different to City Road. For instance the length of Lark Lane is approximately 500 metres in length; it is used throughout the day as a through road to the park as it links up one major road to another. Which like City Road does become very busy and congested this is especially so during the night time when people are visiting the restaurants and pubs. People Double Park along the lane which can make it difficult to drive along, it has no road markings or traffic signals this can be seen as having no real order. Again this is unlike City road as it is a ‘main road’ and is well managed and well controlled with traffic lights, bollards and road markings. Lark Lane there is...
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...road rage from becoming popular . Firsly, there is a really effective solution to handle this issue – enhancing road infrastructure which is one of the most important factor affect mainly congestion. For instance, if the road is too narrow, then street would be definitly stuck because of being oveload in the number of people and vehicles shifting in prime time…. Another effective solution make drivers stop being angry on the road that government should do is enacting new appropriate law to require citizen to obey. 1-Traffic congestion- Stop and go traffic is maddening and can cause a loss of patience. We can’t control the traffic, but we can control our reactions to it. 2- Aggressive driving- Cutting off other drivers, tail gating, unsafe lane changes and swerving in and out of traffic are signs of an...
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...Problems: * Great in Length * 1,000 Feet approaches * Each end had these approaches which in turn added to the already towering distance of the bridge * Very Narrow * Center Span 2,800 Feet * The center span was the most narrow bridge of it kind * Traffic Congestion * One lane traffic in each direction * Location * Narrowing Valley served as wind tunnel * Environmental Constraints Overlooked * Wind gust create wind tunnel effect * Key structural components * Open girders substituted for solid girders * Critical structural design factors * Staic vs. dynamic * Load +bulk & mass (wind effects) * Last Minute Decisions * Local engineer substituted key structural components Solutions: * Shorten the approaches * Shortens the length of the bridge * Widen the center span * Creates more mass and bulk * Lessens the Narrow effect * Double or triple the traffic lanes in each direction * Allows traffic to flow more smoothly even if a vehicle is blocking a lane * Allows for future maintenance * Less down time for bridge traffic * Research team to survey the area for wind velocity * Velocity plays a huge role in determining a beneficial placement for the bridge * Possible better locations with less possible problems * Research team to predict highest possible wind velocity to determine mass needed to sustain * This prediction can allow for contingency...
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...Management Science Prof. Dennis Berino April 3, 2012 Case Study Southwestern University Traffic Problems Submitted by: Bullen, Nino Joseph Comandao, Isaac Donato, Anna Rica I. Background Southwestern University is experiencing an increased interest in its football program since it hired a big-name coach. As such, there have been increased sales in their season tickets. This increase in sales has also increased the traffic problem of the town which is also projected to get worst once the new stadium is build. To solve the problem, the Marty Starr the University’s president has asked the University Planning Committee to solve the problem. Based on the traffic projections that the University has made, it was concluded by Dr. Starr that the roads leading to the interstate highway from the stadium should have a sufficient capacity of 35,000 cars per hour. In order to solve the problem, the Planning Committee is looking at widening some of the current streets from the stadium to the interstate highway to increase its current capacity. II. Problem The main problem of the case is: How to maximize the traffic flow in order to accommodate 35,000 cars per hour from the stadium to the interstate highway? The sub-problems that needs to answered are: 1. What is the maximum number of cars that may actually travel from the stadium to the interstate per hour? Why is this number not equal to 33,000, as Dr. Lee suggested...
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...Psychology Term Paper Anber Nickelberry General Psychology Baseline Information I. State the Problem Drivers are using courteous driving practices. Research suggests that drivers will not allow entry from II. lanes when needed by other drivers. Research was gathered for 5 days during weekend and weekday hours. Of all the research gathered, drivers were not willing to allow access/entry from the center turning lane into the adjacent lane. II. Theory Drivers are reluctant to practice courteous driving practices by allowing drivers from center turning lanes to merge into regular lanes. III. Hypothesis Between Saturday morning around 8:55 am until Wednesday morning around 7:45 am drivers in the center turning lane will be denied entry into the regular traffic lanes by fellow drivers. Center turning lanes are defined as a lane that allows drivers entry to a busy road until they are able to access the direction needed. They are also referred to as turning lanes. Driver is defined as somebody who can drive: somebody who operates a motor vehicle, or who is capable of operating one. IV. Procedure or Methodology I selected a road that I travel on a regular basis and accessed the center turning lane on multiple occasions to see if fellow drivers would allow entry. I notated how many drivers did not allow entry on each occasion. I documented all of the results ensuring that I notated if I was allowed access by a fellow driver at any point or if I was forced to wait...
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