CASE WRITE-UPS: “Precision Worldwide‚ Inc.” When a competitor develops and introduces a superior product‚ that is less costly to manufacture and even many times usable and durable‚ Hans Thorborg‚ the general manager of the German plant of Precision Worldwide‚ Inc.(PWI)‚ and his team have to decide to math the competitor’s product. When to do so‚ how to price or what sustainable competitive advantage they need to adopt during the next strategic period‚ given that they hold a large inventory‚ which
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Accuracy and Precision of Spitballs Problem: How far will the spitballs land from the target when shot at different distances? How far will the spitballs be from each other when shot from different distances? Hypothesis: I believe that the accuracy will be similar when shot at the same distance but the closer you get to the target the more accurate it will be. For precision I think they should not be that far apart because you should shoot them relatively close. Materials: The materials
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STARNES- BRENNER MACHINE TOOL COMPANY My presentation is based on a case that I read in my International marketing class that I thought I needed to share with you. Starnes Brenner machine tool is company making machine tool based in Iowa. They have been dealing with many different countries but I’m more interested today in their business in the Latino country. This doc present of a company business ethic while operating in a foreign country. The main point of the ethic problem is the high level
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GRETZ TOOL COMPANY SUPPLEMENTAL CASE SOLUTION PREPARED BY Salau Abdul Malik Olarinoye 810115 Nurul Huda Binti Yahya 810572 Razlina Binti Romli 806340 Aliana Shazma Amir Binti Amir 813298 Nur Diyana Binti Zamro 812395 SUBMISSION DATE : 1 MARCH 2013 SOLUTION FOR QUESTION A The way that could be taken by Citigroup in facilitating Gretz flow of funds are as follows: Loan a.Short-term financing Citigroup may act as a creditor to Gretz to provide short-term loans in any currency
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Starnes-Brenner Machine Tool Company To Bribe or Not to Bribe Introduction Case Summary Ethics Legality Similar Cases Real World Lessons Learned Case Summary Starnes-Brenner Machine Tools Company Wants more international presence Latino – Fictional South American Country Frank – 10 years of success Retiring Replacing Frank Bill – Young‚ motivated‚ rising star Case Summary Cont. Conflict between Frank & Bill Frank
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(ST-1) the Calgary company is attempting to establish a current assets policy. Fixed assets are $600‚00‚ and the firm plans to maintain a 50 percent dept-to-assets ration. Calgary has no operating current liabilities. The interest rate is 10% on all dept. three alternative current asset policies are under consideration: 40‚ 50‚ and 60% of projected sales. The company expects to earn 15% before interest and taxes on sales of $3 million. Calgary effective federal-plus-state tax rate is 40%. What is
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A theodolite is a survey testing instrument used for measuring horizontal and vertical angles. A basic theodolite usually consists of a small sized telescope linked with mechanisms to measure horizontal and vertical angles. It has several moving parts and is quite heavy. The theodolite telescope is fixed within perpendicular axes- the vertical axis and the horizontal‚ or trunion‚ axis. The instrument is fixed on a base that can be rotated on a tripod by a leveling system. The angle to the desired
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Case 22: Herman Miller Inc. History- Herman Miller’s roots go back to 1905 and the Star Furniture Company‚ a manufacturer of traditional-style bedroom suites in Zeeland‚ Michigan. In 1909 the company was renamed Michigan Star Furniture Company and hired Dirk Jan De Pree as a clerk. De Pree became president in 1919 and four years later convinced his father-in-law‚ Herman Miller‚ to purchase the majority of shares; De Pree renamed the company Herman Miller Furniture Company in recognition of Miller’s
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SUBJECT: Precision Worldwide‚ Inc. RECOMMENDATION: My recommendation for Precision Worldwide‚ Inc. (PWI) is to immediately stop the production of steel rings. PWI then needs to sell the remaining steel rings to at least recoup some of their initial investment. In the meantime they should start producing‚ selling‚ and distributing plastic rings to their entire market of customers while attracting new customers who may prefer this new option. CONCLUSION: By changing their production offering to
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services. Bearing the name of its founder‚ Michael Dell‚ the company is one of the largest technological corporations in the world‚ employing more than 103‚300 people worldwide. Dell is listed at number 41 in the Fortune 500 list. Dell has grown by both increasing its customer base and through acquisitions since its inception; notable mergers and acquisitions including Alienware (2006) and Perot Systems (2009). As of 2009‚ the company sold personal computers‚ servers‚ data storage devices‚ network
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