Diamond Chemicals PLC (A): The Merseyside Project Late one afternoon in January 2001‚ Frank Greystock told Lucy Morris‚ “No one seems satisfied with the analysis so far‚ but the suggested changes could kill the project. If solid projects like this can’t swim past the corporate piranhas‚ the company will never modernize.” Morris was plant manager of Diamond Chemicals’ Merseyside Works in Liverpool‚ England. Her controller‚ Frank Greystock‚ was discussing a capital project that she wanted to propose
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In this case I play the role of Edward Cummings‚ a senior credit representative of Joyce Chemical Company. My task in this case is to look into Eliot Manufacturing and to see if we should continue or terminate our relationship with them. If we were to continue‚ the choices would be to either have them in a program to reduce their accounts payable or to tolerate gradual increases in credit. After doing an analysis on Mr. Pound and the Eliot Manufacturing Company‚ I would recommend that Joyce
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Dow Chemical Case When Petroquímica Bahia Blanca S.A. (PBB) began the process of becoming privatized by the Argentine government‚ Dow Chemicals saw the acquisition of this company as a golden opportunity to become the leading polyethylene player in Latin America. Dow Chemical’s was already a major player in the chemicals (ethylene)‚ plastics (polyethylene)‚ and agricultural products industries holding position as a low-cost producer. Breaking each segment of their business down into
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Dow Chemical Case Question 1 Polyethylene is the world’s most widely used plastic. Polyethylene plastic’s principal application was in packaging‚ from trash bags to milk jugs. It was widely used in the manufacture of everything from trash bags‚ picnic cutlery and garbage pails‚ to plastic toys. Polyethylene also replaced glass‚ wood‚ and metal in certain applications. There were three types of polyethylene‚ Low-density polyethylene‚ High density polyethylene and Low linear density polyethylene
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Introduction J.P. Morgan Chase & Co. is a prominent and successful Fortune 500 company. It is the largest bank in the United States by assets. CEO James Dimon‚ has lead the J.P. Morgan Chase & Co. through multiple risky events. J.P. Morgan Chase & Co. has been facing multiple fines and settlements due to its failure to abide by its own code of conduct. The company has failed to follow procedures and regulations on numerous occasions. The company is becoming notorious for making unethical decisions
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Question 1 Issues Arising From Case The issues are the future viability of the plant for producing EPC and the long-term effects of not upgrading this production line. The additional upgrade will result in additional production‚ but as mentioned by the sales director if there is no demand for the increase in supply and Rotterdam plants excess will be added to the Mersey side quantities the plant upgrade could ultimately result in a dropping of prices to shift supply. The transport division is also
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Chemical Banks – Allocation of Profits Question 1. How will you resolve the due bill controversy? Due Bill Controversy: Metro Division’s service to sell the Due Bill for the Treasury division is not recognized by the Treasury department. While Metro acted like a cost center‚ Treasury acted as profit center. When Metro Bank division reviewed the profit loss statement for the Due Bills‚ it was found that Metro division was incurring loss of $26.50 for each transaction. Consequences of Due
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want. There is a big difference of things we need and what we want. We need something like water‚ but we want stuff like jewelry. There are a lot of examples in stories of people being simplistic and not being greedy. In the story “The Thrill of the Chase” there is a man who is very wealthy and finds out he has cancer. He has over 3 million dollars’ worth of artwork‚ and his friend wants it. He tells his friend no because he wants his friend to find the artwork. The man puts the artwork in a chest and
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Hershey and Chase Experiment In 1953‚ Alfred Hershey and Martha Chase confirmed DNA’s preeminent role in genetics by demonstrating that DNA is the genetic material of a virus called phage T2. The phage‚ which infects E. coli‚ consists of a head‚ sheath‚ tail‚ and base plate made of different proteins. DNA is packaged within the head of the virus. When T2 comes in contact with E. coli‚ the phage attaches to the bacterium by its tail. Next‚ the phage injects genetic material into the cell. The genetic
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CASE CONTEXT New World Chemicals‚ Inc. (NWC) hired Sue Wilson as its new financial manager and consequently‚ Ms. Wilson has to produce a sound financial forecast for the company. PROBLEM DEFINITION In producing the financial forecast for NWC‚ Ms. Wilson has to determine the following: Additional funds needed (AFN) Free cash flow In relation to the above‚ Ms. Wilson has to consider effects on the following items: Operational capacity against sales projections Assumptions in receivables
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