Case 2-1 Cynthia Cooper and WorldCom Cynthia Cooper details her trials and tribulations about her experiences at WorldCom in the book Extraordinary Circumstances: The Journey of a Corporate Whistleblower. The following excerpts from the book describe the actions she took to uncover the fraud at WorldCom and reactions of key players in the accounting department‚ top management‚ the audit committee and the external auditors. Cooper was first alerted to the fact that there may have been a problem
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How is strategic management illustrated by this case story? According to the case study Zara have a plan that involves an obvious and concentrated understanding of fashion‚ technology‚ and producing clothes they also can change their line according to the needs of the market as quick as possible they also practice strategic management and some of its evident starting in: 1) assigning goals Amancio Ortega’s goals was to produce (fast fashion). 2) Strategy planning Get products to the market
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storage space for raw material. Required: 1. Compute each of the following costs for the year just ended: (a) Total prime costs‚ (b) Total manufacturing overhead costs‚ (c) Total conversion costs‚ (d) Total product costs‚ (e) Total period costs. 2. One of the costs listed above is an opportunity cost. Identify this cost‚ and explain why it is an opportunity cost. SOLUTION 1. a. Total prime costs: Direct material................................................................................
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Case Study 2: Johnnie Walker 1. What would be the best way for competition to react to such an internationally successful advertising campaign? In reacting to the advertising campaign‚ the competition has a challenge due to the Johnnie Walker brand already being a well-known and famous brand. As the Johnnie Walker brand is already iconic‚ if a competitive brand were to try and challenge the ‘keep walking’ campaign their efforts may be lost due to overwhelming support of Johnnie Walker. Therefore
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The forecast for the next year is as follows according to the table: 1. 2. 3. 4. 5. Total 1. 4505 3995 3825 3655 3485 3485 2. 0 600 192 0 408 408 3. 0 0 493 102 0 255 4. 0 0 9 69 12 60 5. 0 0 0
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BUSI 600 Dr. Michael Walker Case Assignment #2 Jaime Arze 9/15/14 3. Describe the sampling plan. Analyze its strengths and weaknesses. Just about every research sampling plan can be associated with a variety of strengths and weaknesses. These are challenges the decision maker in charge of the study must face when choosing the sampling plan for the specific research. Penton media devised a sampling plan that would require several steps‚ in order to isolate an ideal
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countries. Poverty is the main focus of giving the foreign aid. This situation always happened to many countries due to the conditions where the people live and from that it will show the quality of living is poor among the people. Foreign aid is given to poor countries that having a limited supply of financial resources‚ food and need helps from other countries such as Malaysia‚ Brunei and Singapore. This essay discussed about the advantages and disadvantages of giving international aid to poor countries
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Case Analysis 2 In Case Study Two‚ I analyzed the conversation between Vic the CEO of Nuf Fun and Hinde‚ the Assistant Head of Product Development about Carvers‚ the product designer in the Product Development Center. The conversation consisted of carvers inability to work effectively with the product development team. Hinde stated that the team felt that they couldn’t go to Carver with an idea‚ because he would tell them to fill out the forms in the procedure manual. While in the meantime‚ he’s
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Dateesha Blakely PROC 5830 22 April 2011 Wk 7 Case 2 Case of the Pricing Predicament Case Assignment Calibrated manufacturing makes an electronic component that is in great demand. The component sells for $20 each. Calibrated’s current capacity is 10‚000 units per week. For the last few months‚ however‚ the company has been receiving new orders at a rate of 14‚000 units per week‚ and now has a substantial backlog. The company expects this order rate to continue‚ if it maintains price
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FLOW FROM FINANCING Decrease in long-term debt (12.9) Net cash flow from financing ($12.9) Net increase (decrease) in cash ($10.0) Beginning cash 37.2 Ending cash (calculated) $27.2 Actual ending cash (Check figure) $27.2 2. Use the Du Pont equation to obtain a rough feel for Commonwealth’s financial condition as compared to national averages. What are your conclusions? Du Pont Analyses: 2012 2013 Ind. Avg. Total margin 3.67% 5.73% 2.90%
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