Case 23-2: Industrial Electronics Inc. Issue: Evaluate the proposed bonus system. Background: “My division had another great year last year. We all worked hard‚ and the results were there. But again we got no reward for our hard work. It’s very frustrating.” Division Manager. KSF • Innovation. • Good cost control due to price competition. Internal Environment • Industrial Electronics Inc. sells a wide range of electronic equipment. (Like EVERY other case!!!) • $8 Billion in sales
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knowledge of his business. This is to the mental powers what the first is to the bodily. It gives intellectual dexterity. The man has a mastery of his special operation. He knows more about it than if he had two things to think of and care for. He becomes shrewd in every motion. He adapts his labor to the material; he discriminates between the qualities of that material. He meets the little difficulties of his work with more skill and less waste. These two advantages of the division of labor are shown
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Question 1: Using budget data‚ how many motors would have to be sold for Waltham Motors Division to breakeven? In order to calculate the breakeven point‚ we use the following equation and budget data: Breakeven Sales*Unit Price-Unit Variable Cost= Fixed Costs Breakeven=Fixed CostsUnitary Price-Unitary Variable Cost Breakeven point=260‚000864000/18000-512800/18000=13‚226 units Q2. Using budget data‚ what was the total expected cost per unit if all manufacturing and shipping overhead (both
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Zara Case Quest 4/5/2011 Done By: Faisal Alsawaihan Zara case Quest What Business is Zara In? (Business model) Zara is one of the Inditex group‚ which they mainly in the apparel industry. It considers the most successful brand in this group and most of profit margin is coming from Zara stores that are widespread around the world (76countries) and their main products of apparel are for men‚ women‚ and kids. As we can see from the article (It for fast fashion) and Zara’s annual report in 2009‚ the
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Cellulitis: Cellulitis is a common skin infection caused by bacteria. Causes Staphylococcus and streptococcus bacteria are the most common causes of cellulitis. The skin normally has many types of bacteria living on it. When there is a break in the skin‚ however‚ bacteria can enter the body and cause infection and inflammation. The skin tissues in the infected area become red‚ hot‚ irritated‚ and painful. Risk factors for cellulitis include: • Cracks or peeling skin between the
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Building an organization In 1933‚ TTC selected Tony Kitchner to start international operations. He asked for the resources and autonomy to create an International Division. 1. The new division needed to be separate from Jollibee’s Philippine side‚ with a different identity and capabilities. 2. He agreed with TTC that attracting partners with good connections in their markets should be a priority. 3. To project an image of a world-class company and make it to look and act like a multinational
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1. Is Prostitution Legal in Canada? This case study attempts to review the constitutional challenge to Canada’s prostitution law before its amendments in December 2014. The debate on Canada’s laws in regards to prostitution came to the forefront of public policy issues in the wake of the Supreme Court of Canada’s decision in Canada (Attorney General) v. Bedford. It is important to point out that this case is not about legalization of prostitution but whether the laws that the Canadian Parliament
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Grace conforms the role of being a servant so she does not become an outsider if she decides to try out new roles. In Canada‚ working as a domestic servant in the nineteenth century was a popular job for women and The Canadian Encyclopedia looks at women going into the domestic work force during that time period: Domestic service became a distinctively female occupation in Canada during the 19th century…by the late 19th century over 90% of Canadian servants were female. Domestic service was the most
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Although Target was already greatly loved by Canadians who made trips to the boarder to shop in the U.S stores‚ expanding target in Canada in 2013 was a failure due to the fact that there were empty shelves‚ not having enough inventories‚ horrible store locations‚ pricing‚ and competition with Wal-Mart which had been in Canada since 1994. Target move to Canada was executed in a poor way. Target wasn’t ready‚ and rushed to opened 133 stores at once. Target dealt with supply chain problems which includes
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Flexible Labour Markets. - Benefits and Disadvantages Flexible labour markets involve a minimum of government intervention‚ they are labour markets which work efficiently and are competitive. Many supply side economists argue flexible labour markets are of great importance in reducing unemployment and improving the competitiveness of the economy. Advantages: 1. Opportunity to exploit 24-hour economy 2. Contributes to an improvement in the inflation-unemployment trade off 3. Flexible wages
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