the only one that is responsible for appointment scheduling, record keeping and reports directly to you. Instructors may facilitate in marketing and facility up-keeping. Action Controls As a small newly established fitness business, Private Fitness Inc. offers too many fitness choices to its clients – 10 in total. Some of them are overlapped. It results in some of
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Assignment 1-3 Read and analyze the Private Fitness, Inc. case in Management Control Systems. Write a 2- to 3-page paper that addressing the following. Follow APA guidelines for citations and format for your paper. a. Summarizes the case and provide background information. b. Describes a solution to Rosemary Worth's control problem that emphasizes: 1. Results controls 2. Action controls 3. Personnel/cultural controls c. Makes a recommendation. d. Explains why
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Form Search Bottom of Form * Home page » * Business and Management Private Fitness Llc In: Business and Management Private Fitness Llc PRIVATE FITNESS, LLC Background/Issues and Concern: • Acts of Kate with regards to the theft • Rosemary and Kate are long-time friend • Rosemary wanted to increase her standard of hiring by capitalizing on her reputation and knowledge in the growing fitness field and to have more time to spend with her two young children • Rosemary wants
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Private Fitness Inc. Group 4 Objectives of Private Fitness Inc. 2 Risk assessment: 2 1、Current situation 2 2、New Risk 2 ①Risk 2 ②Risk level 3 ③Risk treatment[We will give more details later.] 3 Solution 4 1、 Management Structure(personnel and cultural control) 4 2、Progress(Action control) 5 ①Between Rosemary and the non-instructor manager: 5 ②Among the manager, instructors and clients: 5 ③A whistle-blower program 6 3、Motivation and punishment (Result control)
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Case 3 – Private Fitness, Inc. Private Fitness, owned by Rosemary Worth is a very good example to show the consequences of lack of internal control procedures. The two major problems she is facing are: I. Protecting business revenue and assets even without her presence. a. No proper recording of revenues and operating expenditures b. No scheduling system for instructors or employees c. Payroll system doesn’t exist d. Limited funds II. To decide what to do with
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Strategy and Positioning: Fitbit, Inc. Fitbit, Inc. is a private start-up company specializing in consumer electronics related to the health and fitness industry. The company is headquartered in San Francisco, California and was founded in 2007. The Co-founders and managers are James Park and Eric Friedman. Fitbit, Inc. manufactures and markets products which track people’s fitness activities, routines, nutrition and sleep. The founders believe that Fitbit products will help transform people’s
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may facilitate in marketing and facility up-keeping. Action Controls As a small newly established fitness business, Private Fitness Inc. offers too many fitness choices to its clients – 10 in total. Some of them are overlapped. It results in some of the classes are quite popular, but many of them are not and has to be canceled for lack of clients. With only 3 exercising rooms, Private Fitness should use its limited rooms and facilities more efficiently. Find out the reasons of the cancelled
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muscular and built for males) serves as a perfect business opportunity for L.A. Fitness to expand into the Indian market. Opening L.A. Fitness in India to promote good health and well-being the “western” way seems fitting to the common “East meets West” motto. L.A. Fitness established in 1984 and has acquired Bally Total Fitness which currently has operations outside of North America in China and Korea. L.A. Fitness has based its strong expansion from its commitment to understanding and meeting
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Case Analysis of Bally Total Fitness’s External Environment Group 2: Meghan Cree, Sarah Medve, Rachel Hamrick, Jacob Rath, James Wallerstedt, Samuel Kube Due: 01/27/15 Word Count: 2039 Case: Bally Total Fitness By 2004, Bally Total Fitness was a major leader in the $14.1 billion health club industry. With over 400 million facilities worldwide, Bally was the “largest publicly traded health club operator in the United States in 2003” (Wells, John R., 1-7). Bally’s success
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CASE-3 ATLANTIC HOME LOAN: I. Determine which category the case fits into: This case is diagnostic in nature and Albert Fiorini failed in checking the management failures. Based on the case facts, supposed to identify the lapse in control measures and propose solutions to them. II. Describe the case This case is talking about the illegal takeover of company “Atlanta Home Loan” by Albert’s partner cum manager Wilbur Washington. a. What are the facts of the case? ➢ Albert Fiorini
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