1. This case describes one reason manufacturers might want to offer rebates rather than decrease wholesale price. Explain why this can be viewed as an example of customized pricing. The one-price-fits-all model is rapidly becoming extinct particularly in the world of e-commerce where every purchase and link clicked on (and much more) is stored‚ evaluated with the result being a customized price/offer based on many factors including credit score and buying habits. Rebates are an example of customized
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Case Study Analysis #1 What is OUR Business? MSTM 6023: Strategic Planning Submitted by Mary McCarthy Jan 31‚ 2015 CASE OVERVIEW “What is OUR Business” is a management case by Peter Drucker (Drucker‚ 2009). The case closes with the Bill Callahan‚ founder of Callahan Associates‚ posing the title question to the company’s Executive Committee as they are unable to reach consensus on what direction to take to grow the existing business. Callahan Associates is a retail conglomerate consisting
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1) The standards and rules that are recognized as a general guide for financial reporting are called __________. D. generally accepted accounting principles 2) What is value chain management best defined as? A. All activities associated with providing a product or service 3) These are selected account balances on December 31‚ 2008. Land (location of the corporation’s office building) $150‚000 Land (held for future use) 225‚000 Corporate Office Building 900
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Case Study 1 Currently‚ Tanglewood is trying to achieve a companywide environment that mirrors their blueprint of how they ran their 10 stores in 1984. The structure at that time was focused on employee participation‚ customer satisfaction‚ and profitability. The company’s culture and values are distinct from most of their competitors. This allows each employee or associate an environment to grow and achieve various positions within the company. That being said‚ the following are my recommendations
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Tanglewood Case 1: Tanglewood Stores and Staffing Strategy Introduction: Tanglewood has experienced success and very fast growth over the years‚ due to the involved efforts of its founders‚ its core workforce and strategies around participative style of management. This report looks at the Tanglewood strategy and goals for the future‚ the two key elements of staffing decisions‚ namely staffing levels and staffing quality‚ to come up with recommendations on these elements which will help Tanglewood
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Consider the 2 categories of products that Timbuk2 makes and sells. For the custom messenger bag‚ what are the key competitive dimensions that are driving sales? Are their competitive priorities different for the new laptop bag sourced in China? For the custom bag produced in San Francisco – certainly quality is a competitive dimension. They have a great reputation for both design quality and process quality. The bags are custom designed with input from the customer‚ assembled and sewn in
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102:’ Part 1 Rnancial Accounting Problem 4-4; The account balances in the ledger of the Dindorf Company on January 3 1 (the end of its fiscal year)‚ before adjustments‚ were as follows: Debit Balances Cash and equivalents $ 119‚115 Accounts receivable 162‚500 Merchandise inventory 700‚680 Store equipment 21 5‚000 15‚475 Supplies inventory 38‚250 Prepaid insurance Selling expense 24‚900 105‚750 Sales salaries Miscellaneous general expenses 31‚000 6‚220 Sales discounts Interest expense 9‚300 Social
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Nike Inc. Case 1. What is the WACC and why is it important to estimate a firm’s cost of capital? WACC is weighted average cost of capital‚ which is the expected rate of return on average from all the company’s existing debts and securities. It takes into account all different types of financing in the company’s capital structure. The reason it is important to estimate WACC is because it measures what it costs the firm to take on a project based on its current Debt and Equity mix. When the
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PRACTICAL ACCOUNTING 1 1. On January 1‚ 2012‚ Revenue Company sold specialized computers costing P760‚000 to Income‚ Inc. for P990‚000. Revenue Company’s trainers present numerous training sessions for Income’s employee during the installation period. Income made a 50% down payment‚ with the balance due upon completion of installation. How much revenue should Revenue Company recognize on its books on January 1‚ 2012? a. P990‚000 b. P760‚000 c. P495‚000 d. P-0- 2. SAMpple Company is an
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Case 1-1: “What They Didn’t Teach in the Sales Class" 1. Should Rick Lester “turn in his keys”? • Rick Lester should not give up that easily and blame his job. No job can be done effortlessly. He should take everything as a challenge and learn from them. In this way‚ he can maximize his ability in coping up with similar instances that he faces in his job and being able to overcome much easier than he it was before. These will him a better person and a salesperson. He must develop to
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