Heinrichs and Keegan Wiebe First Year Business Administration Student: Section 73 Northern Alberta Institute of Technology Edmonton, Alberta April 15, 2011 TABLE OF CONTENT EXECUTIVE SUMMARY iii SWOT ANALYSIS 1 Strengths 2 Weaknesses 3 Opportunities 3 Threats 3 SEGMENTATION AND TARGET MARKET 4 Overall Positioning Strategy 6 THE MARKETING MIX 7 Product 7 Price 8 Place 9 Promotion 10 SOCIAL RESPONSIBILITY 10 FUTURE SUCCESS 11 REFERENCES 13 Executive
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SMAC Case Examination Summary Case GR Hotels (Sample Case Examination) Strategic Issues Upgrade existing properties to attract more business travellers Purchase Calgary hotel Exercise option on land in Montreal and build conference centre or sell the land Providing additional in-room services Operational Issues Budgeting and financing relating to upgrading the existing properties, buying the Calgary property, or building the conference centre Training related to improving services
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Submission |1 | |Letter Of Declaration |2 | |Supervisor’s Declaration
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can and does use projections about the future - managerial accounting information must meet a cost-benefit test or the benefit from providing information must exceed the cost of obtaining the information - new initiatives such as activity-based costing and the balanced scorecard must pass the aforementioned tests Problem 1.2 for Self-Study: Match the concept with the definition. Concept Definition Cost a. Costs directly related to a cost object Opportunity cost b. A sacrifice of resources
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filed stating that the work done by the maintenance department has been unsatisfactory. b. Rework: As a result, numerous jobs have to be repeated at additional cost to the company of $250,000 this past year. 2. Control over Charges: The following weaknesses were found based on the control over charges to the client: a. Inconsistent Pricing: Similar jobs are often billed at different labor rates and material prices.
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unafraid to adopt new service operations such as its “desk top” delivery option which delivered smaller orders directly to individual sites as we all as its traditional commercially delivered mass orders to customer distribution sites (Kaplan, 2003, pp.1-2). Additionally DOP deployed an Electronic Data Interchange (EDI) solution in order to ease data and payment transfer from and to customers as well as building a customer website that acts an order and account interface for its customers. Together these
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Coverdrive Ltd Case Study: Activity Based Costing Situation At a recent management meeting at Coverdrive Ltd, the members of the senior management team discussed the introduction of a new product to the company’s range of high quality, hand made cricket bats. A major agenda item was pricing. The management accountant, since his appointment, had given much thought to pricing policy and one of his concerns was that of dealing with the recovery of overhead within a full cost pricing policy
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line, Metro division proposed fee increase of $5 to an existing fee $25 dollars, ~70% fee revenue share of proposed fee (i.e. $20) and 50% of T&I expenses allocation to Treasury division. This was strongly opposed by Treasury division as they felt, increase in fee cost would result to reduction of customer base, Due bill transaction volume and fee and cost sharing would negatively impact their profits. b) Performance appraisal system followed in Metro and Treasury divisions was different
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ch05.qxd 9/27/04 4:19 PM Page 174 CHAPTER Q1 Q2 Q3 Q4 Q5 Q6 Job Costing In Brief Custom products and services, which are produced singly or in small batches, need to be valued for financial statements, tax reporting, and management monitoring. Job costing is an accounting method used to assign product costs to custom products or services. In job costing, direct costs are traced and overhead costs are allocated to individual jobs. Sometimes defects occur in custom products. Defective units
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15 years. The systems weren’t able to interact with one another or with finance and inventory systems. The inefficiencies of these systems were costing Air Canada the time of its engineers and money that could have been used on maintaining its planes, instead of needlessly maintaining excess inventory. Maintenix would provide the ability of two or more systems or components to exchange information and to use the information that has been exchanged. Maintenix provides also a system platform that is
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