NORTH COUNTRY AUTO‚ Inc. Case Background Each of the departments of North Country Auto‚ Inc. namely‚ the new cars sales and used cars sales‚ service‚ parts‚ body shop and oil change “operated as part of one business” before George Liddy bought into the dealership. The Department Managers were paid salaries and a year-end bonus. However‚ feeling that this system would not motivate employees‚ he devised a system wherein he could track effectively the departmental performance. For this‚ he developed
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CASE STUDY 4 PREPARED BY: GOPI A/L KALAIRASAN CASE STUDY 4 1) There are some 200 economic integration agreements in effect around the world already‚ far more than even a few years ago. Virtually every country is now party to one or more free trade agreements. Supporters argue that free trade is good for nations. a) What is the basis for their support? That is‚ what are the specific benefits that countries seek by joining an economic bloc? Free trade is a policy
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Size per se is not what creates a successful roll-up; what matters is the right kind of size. For Service Corporation‚ multiple locations in individual cities have been more important than many branches spread over many cities‚ because the cost savings (such as sharing vehicles) can be realized only if the branches are near one another. Roll-up strategies are hard to disguise‚ so they invite copycats. As others tried to imitate Service Corporation’s strategy‚ prices for some funeral homes were eventually
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1. Paulson Company uses a predetermined overhead rate based on machine hours to apply manufacturing overhead to jobs. The company has provided the following estimated costs for next year: Paulson estimated that 40‚000 direct labor hours and 20‚000 machine hours would be worked during the year. The predetermined overhead rate per machine hour will be: A) $1.60. B) $2.10. C) $1.00. D) $1.05. Answer: B) $2.10. Manufacturing OH = Rent + Depreciation + Indirect materials + Insurance
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QUESTION ONE A Merger can be defined as a Voluntary amalgamation of two firms on roughly equal terms into one new legal entity. Mergers are effected by exchange of the pre-merger stock (shares) for the stock of the new firm. Owners of each pre-merger firm continue as owners‚ and the resources of the merging entities are pooled for the benefit of the new entity. If the merged entities were competitors‚ the merger is called horizontal integration‚ if they were supplier or customer of one another
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PROJECT FILE ON BAJAJ AUTO Submitted to Submitted by Class MBA-1(B) Roll No. Summary: The Bajaj Group was founded in 1926 by Jamnalal Bajaj and now consists of 27 companies. In 1945‚ Jamnalal Bajaj had formed M/s Bach raj Trading Corporation Private Limited‚ the flagship company‚ to sell imported two-wheelers and three-wheelers. The company acquired license from the government in 1959 to manufacture these vehicles and went public the next year. By 1977‚ the company saw its plant
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the National Association of Insurance Commissioners (NAIC) provides a forum for the development of uniform policy. The federal law prohibits companies to make contributions in the political activities and federal candidates. Economic Factors For auto insurance industry‚ people are always attracted by a higher return. So compared to this‚ the lower return policy is not attractive to the customers. The main reasons for the economic factor are the inflation rate in today’s market. High inflation rate
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Global Auto Industry The main problem of the global auto industry is the declining market in developed nations. Increased competition between domestic auto companies and foreign auto companies has caused an oversaturation of the market with minimal potential buyers. Before the recession‚ banks were giving out loans to people who could not afford them. Once the housing bubble burst‚ crumbling markets around the world‚ banks were forced to become more selective about potential borrowers. The economic
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Headquaters’ Overhead Cost Allocation at Korea Auto Insurance Co. Inc. | | | |Korea Auto Insurance Co. Inc. | | | | | | | |For periods 2007 thru 2008 | | | |
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option. I believe Auto-Mart would have benefited the most if it had the enough resources and finances to adopt that third option. The auto repair market has a lot of competition‚ so Auto-Mart could target both consumers. Having a hassle free auto repair shop and a fully packed parts store will enable Auto-Mart to offer a wide range of customers for repairs and parts. Moreover‚ customers will have the ability to choose the best parts and have them installed at Auto-Mart; thus Auto-Mart “will kill two
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