Case 1-2 Ackoff’s Management Misinformation Systems This case is adapted from a classic article entitled “Management Misinformation Systems.” It was written by Russell L. Ackoff and appeared in Management Sciences. In the article‚ Ackoff identified five common assumptions about information systems and then explained why he disagreed with them. REQUIRED: Read the five assumptions‚ contentions‚ and Ackoff’s explanation. For each of the five‚ decide if you agree or disagree with Ackoff’s
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Case 2 Chem-Med Company 1. Net Sales Growth (all credit)=[(Current Year Net Sales-Last Year Net Sales)/Last Year Net Sales]X100 a. Sales Growth 2007=[(3814-3051)/3051]X100= 25% b. Using the same formula for the remaining years and the data in figure 1 of the pro forma section: 2008=40% c. 2009=40% d. 2010=40% 2. Net Income Growth=[(Current Year Net Income-Last Year Net Income)/Last Year Net Income]X100 e. Net income Growth 2007=[(1150-766)/766]X100=50%
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Background • Carson Manor remained opened nearly 30 years ago for persons requiring nursing care. • Carson had a bed capacity of 470. • Staff totaled 235 with nonmanagement personnel unionized under the District Service Workers Union Local 325 • Mr. Henry Davis is the City’s director of Social services. • Carson Manor Committee of Management consists of five aldermen who were painted or volunteered to fill these positions. • Ms. Elaine Tylor‚ director of supply for the city of Winston‚ was reviewing
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Case 4-1 Vershire Company In 1996‚ Vershire Company was a diversified packaging company with several major divisions‚ including the Aluminum Can Division- one of the largest manufacturers of Aluminum beverage cans in the United States. The Aluminum Can division‘ s growth in sales slightly outpaced sales growth in the industry at large. The division had plants scattered throughout the United States. Each plant served customers in its own geographic region‚ often producing several sizes of cans
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The Container Store: Introduction: Organizational structure‚ culture and behavior affect the people at the work. They are co-related. The structure of organization is very important because it affects on operating costs‚ efficiency and effectiveness of work performance‚ behavior and performance of employees and speed of operations of an organization. ‘Who is responsible for what’‚ it depends upon structure of the organization. Each of employees of the organization has capacity to be a leader
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Explain the difference between a cash basis and accrual basis measure of performance. Why‚ in most cases‚ does accrual basis net income provide a better measure of performance than net operating cash flow? Explain the purpose of adjusting entries as they relate to the difference between cash and accrual accounting. Requirement 1 From the Liberty University on-line library I was able to obtain an article called “Cash vs. Accrual Accounting” (Cantu‚ October 2012). This articles gives examples
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The Amazing Hands that keep on Giving By Denise Lewis English 1101 Ms. Crosson 8 September 2009 Outline Thesis: Ben Carson has accomplished many triumphs as a skilled surgeon‚ humanitarian and author. I. Ben Carson innovational surgeries: A. The intra-uterine procedure in is used to relieve pressure on the brain. B. He was the first to perform this procedure on a hydrocephalic fetal twin C. Today it is known as the Ventriculoperitoneal Shunt or VP
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Tiffany and Co Case study Case Agenda Is blue box packing a great strategy? Given that spending in the luxury retail market has demonstrated resilience during and post recessionary times‚ how can Tiffany continue to grow? Will it be able to maintain a prominent brand in future? Company History Timeline 1837: Founded in New York by Charles Lewis Tiffany and John F. Young: The Blue Box introduced 1910-1940’s: 57th street and Fifth Avenue Flagship store 2000: Tiffany and Co. foundation established
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1.) Identification of Problem: Key Issues/Problems: Carson Manor is a nursing home that houses the elderly and provides them with nursing care. This case of Carson Manor the nursing home is fraught with cost inefficiencies. There are more issues with the system of classifying patients and the levels of nursing care given to each of those patients. Potential Problems include: * Budget is massively inefficient in keeping and taking care of the elderly within the nursing home. * Nurses will
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LJB COMPANY | Internal Control | REQUIREMENTS AND REVISIONS | Prepared To: LJB Company’s President Prepared By: Yenny Gutierrez6/03/2013 | TABLE OF CONTENTS Introduction New Internal Control Requirement 4 Establishment of responsibility 4 Segregation of duties 4 Documentation procedures 4 Physical controls 4 Independent internal verification 5 Human Resources controls 5 Reviewing LJB Internal Controls 5 Pre numbered invoices 5 Ink machine
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