Kayla Rodney MBA 575 Case 4 Questions The University of Northwestern Ohio Jinjian Garment Factory Motivating Go-Slow Workers Piecework is a suitable form of paying employees in the garment factory‚ however it is not the best form of payment for the Shenzhen factory. The piecework system employed by the factory in Shenzhen was well suited to the nature of the work. Each worker was assigned to a specific job and earned an exact amount derived from the number of finished pieces times the price of that
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value of assets‚ such as cash‚ net working capital‚ and physical assets. Eventually‚ Buffet modified that approach to focus also on valuable franchises that were unrecognized by the market. He created a philosophy by 2005‚ he emphasized the following elements: 1. Economic reality‚ not accounting reality‚ in which he meant that accounting reality is conservative. 2. The cost of the lost opportunity‚ in which he held that there was no fundamental difference between buying a business outright‚
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Cera Santos Phoebe Capulong Case 4-1: McDonald’s Great Britain-The Turnaround I. Summary of the Problem McDonald’s Great Britain experienced a lot of hardships and changes. McDonald’s US sales have steadily increased but Great Britain has not shown any significant increase. The reason for the sluggish sales is because of new chains such as Yo! sushi and Nando’s Chicken Restaurants which tickled the Great Britain’s taste. An issue in the fast food industry is the mad cow scare. There are
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Ch 4 Case #1 Banner ads are small rectangular advertisements that when clicked upon will take you to the advertiser’s Web site. They vary in appearances and generally advertisers will try to be creative. Banner ads allow business to not only inform the viewer‚ but also to create interest. Oxfam decided against using banner ads in their advertising campaign for their relief work in Sedan for Ugandan refugees. They relied solely on email advertising; which ended up generating high revenue. Although
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analysis to determine the best way to fill its sales associate positions. The following is a job description requirement and rewards matrix for its sales associates. Both will play a very important role in the staffing process. Job Requirements Matrix for Retail Salesperson Chern Tasks KSAOs1 Specific Tasks Task Dimensions Importance (percentage of time spent) KSAO Definition Importance of KSAO to Tasks (1-5 Rating) 1. Greet customers and ascertain what each customer wants or needs
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Brham S. Inocencio BSA IV-A CASE 01 – Enron Corporation 1. List three types of consulting services that audit firms have provided to their audit clients in recent years. For each item‚ indicate the specific threats‚ if any‚ that the provision of the given service can pose for an audit firm’s independence. In the recent years‚ auditing firms provides the following consulting services to their clients: a. Internal auditing b. Design of accounting systems c. Various types of Information Technology
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Problem #4-13 a) In order to answer the question‚ we first need to consider what do revenue growth and net income represents. Revenue growth suggests the company’s future profitability‚ which means that revenue growth has the potential to be a predictor of future earning power. The income statement contains both revenue and expense information. Furthermore‚ in an efficient market‚ R&D and startup costs can be adjusted‚ and as long as these information are available to the public‚ the company will
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Case #1‚ Part 1 “Don’t tell me we’ve lost another bid!” exclaimed Sandy Kovallas‚ president of Lenko Products‚ Inc. “I’m afraid so‚” replied Doug Martin‚ the operations vice president. “One of our competitors underbid us by about $10‚000 on the Hastings job.” “I just can’t figure it out‚” said Kovallas. “It seems we’re either too high or get the job or too low to make any money on half the jobs‚ we bid anymore. What’s happened?” Lenko Products manufactures specialized goods to customers’ specifications
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Reading Journal on the Excerpt from Karen Armstrong’s Autobiography. The author is very expressive of her feelings‚ and I believe it is these feelings that she wants to let out to the world in her autobiography‚ there is not one point but an entire phase in life that she expresses in her writing. The feelings and mind-set of one lost‚ looking for an identity to fit into; can be a point she is trying to convey but then again‚ there is a lot of flow in her words that makes this point
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1) Why is Brown forman considering buying Southern Comfort? In your answer consider the strategic motives of Brown and the arguments in favour of and against the acquisition. One of the strongest arguments for Brown Forman to acquire a new company is their strong balance sheet. The reason behind a strong balance sheet is because of a continued close attention to asset management. Brown Forman has a low debt/equity ratio‚ over the past few years the company has placed itself in an outstanding financial
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