MARKETING PLAN: FULL SWING GOLF PENETRATION INTO INDONESIA MARKET By: STEPHEN HENDRA GUNAWAN -29110330MBA-ITB X-44 2011 School of Business & Management Institut Teknologi Bandung Assignment Cover Sheet for Students An assignment cover sheet needs to be included with each assignment. Please complete all detail clearly. If you are submitting the assignment on paper‚ please staple this sheet to the front of each assignment. If you are submitting the assignment online‚ please ensure
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Case Exercise – Polo Golf Shirt Pricing: Solution. The given table is completed as below: Quantity Price Total Revenue Marginal Revenue Variable Cost/Unit Total Variable Cost Price Reduction Marginal Profit/Unit Cumm. Marginal Profit 0 $50 $0 $0 $28 $0 1 $48 $48 $48 $28 $28 ($2.00) $20 $20 2 $46 $92 $44 $28 $56 ($2.00) $16 $36 3 $45 $135 $43 $28 $84 ($1.00) $15 $51 4 $44 $176 $41 $28 $112 ($1.00) $13 $64 5 $42 $210 $34 $28 $140 ($2.00) $6 $70 6 $40 $240
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Introduction This paper discusses the Golden Bear Golf Inc after Initial Public Offer in 1991‚ highlighting the accounting practices and methods were used in recognizing the company’s revenue. This paper explains the fraud occurred in recognizing the revenue and how it overstated the financial statements and increased the stock price. It also explains the fraud theory applied to the revenue recognition and the auditor’s failure in discovering the fraud and reports it to the SEC. This paper will
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18-34 Appendix Table of Content Section One: The Organization The organization of the placement in the past three months is The Clear Water Bay Golf and Country Club. The placement was undertaken in the Sports and Recreation Department. The agency supervisor is Mr. Victor Law and his title is "Sports and Recreation Supervisor". The Clear Water Bay Golf and Country Club is one of the commercial clubhouses
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Case Summary Golden Bear International in Mexico: Tepoztlán Golf Course A In 1994 a Mexican development company‚ Grupo KS‚ planned to build the first golf academy‚ an 18-hole Jack Nicklaus Signature golf course in Mexico. With $500-million budget and designed by Jack Nicklaus’ course management company‚ Golden Bear International‚ which provided technical recommendation which relied on the host country partners to collect information expertise on culture‚ legal issues‚ etc. The project received
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was planning to do to resolve the problem but some of the salespeople disagree with Buddy’s ideas to offer to pay for golf lessons to build a closer relationship with their key customers. Laura Kilburn was the most affected with this idea. According to her statement‚ “Today’s customers don’t come back to us because they’re our golfing buddy; in fact many of mine don’t even golf” (Spiro‚ Stanton & Rich 2008). I agreed with one of her arguments that she mentioned on the case that says “follow-up
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Known around town as the guy who paints animal portraits‚ means it’s not lost on anyone that I love dogs. When Ray approached me a couple of months back and asked if I would be interested in volunteering at the Freedom Service Dog Annual Golf Fund Raiser I didn’t hesitate for a moment and said “sign me up”. I was thrilled at the thought of being a part of the team to help raise money for such a great cause. I often work late into the night. It seems that those quiet hours are the best time for
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QUESTION 1: Note: due to rounding $10 was added to value of principal reduction in year 5. QUESTION 2: One of the reasons that the implicit rate (4%) is lower than the interest rate RCGC would have to pay to borrow the 89‚600 amount could be that the leasing company has a better credit risk rating than RCGC and can borrow at a lower interest rate. Another reason could be that the leasing company will get the carts back at the end of the lease and could lease them to a different company. Another
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case 16 CALLAWAY GOLF: BIG BERTHA’S TEAM HITS A LONG BALL “Callaway Golf Company designs‚ creates‚ builds and sells Demonstrably Superior and Pleasingly Different golf products. That means that any club‚ ball or putter in the Callaway Golf family must be a significant improvement not only upon the products of our competitors‚ but also our own.” (1) How does Callaway Golf achieve its goals of manufacturing and distributing Demonstrably Superior and Pleasingly Different golf products? Callaway’s
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Driving Range Golf Ball Retriever The Golf Retrieving Mobile Robot is an undergraduate thesis of the DLSU students. It is a robot that is capable of retrieving golf balls automatically without the assistance of a person. This is very useful in a driving range or the area where golfers practice their swings to hit golf balls. The robot is named Greg‚ it is able to accumulate golf balls on the field. The problems that might arise are the confusion of the driving ranges and re-use of golf balls.
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