Case Title: The Shipping Industry Accounting Team Case summaries must be submitted before class‚ on the days they are called in‚ to receive marks. 1) What type of team was formed here? Was it necessary‚ in your opinion? A virtual team was formed here. I think it was necessary‚ because all of the three firms made a decision together to not focus the whole business on only one office. Teams were put together with members from different areas of the country and had to communicate
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Final exam logistics 1.) Ikea case: (the 3 main topics) a. Competition between suppliers The structure of Ikeas logistic creates a high competition between their suppliers. It is because Ikea is subdivided into (many) Trading Areas‚ which compete for the commissions the headquarters of Ikea (Ikea of Sweden) gives. Each Trading Area tries to find the best thus cheapest solution for producing and delivering a product‚ so each of them negotiate with their suppliers and make an offer to the headquater
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Executive Summary The development of information technology has caused the nature of logistics and supply chain management changing dramatically. Furthermore‚ the relationship between retailer and supplier changed as well due to the changing of retail exchanges. As retailers are going to gain much more business opportunities and reduce cost on supply chain‚ it has affected the supplier in somehow. According to the change‚ there are some issues cannot be ignored because of the importance of the
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Market Segmentation A good example of a company who uses the strategy of market segmentation is the Colgate-Palmolive Company Philippines‚ with their shampoo-product line specifically Palmolive Naturals and Gard Anti-Dandruff Shampoo. Market Segmentation was applied by the company because they found the need to develop new variety of products that would fill the gaps in the shampoo market due to the diverse demands of its consumers. Palmolive Naturals is the flagship-shampoo brand of the company which
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Reasons for outsourcingCompanies outsource to avoid certain types of costs. Among the reasons companies elect to outsource include avoidance of burdensome regulations‚ high taxes‚ high energy costs‚ and unreasonable costs that may be associated with defined benefits in labor union contracts and taxes for government mandated benefits. Perceived or actual gross margin in the short run incentivizes a company to outsource. With reduced short run costs‚ executive management sees the opportunity for short
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Logistics process Definition of logistics Logistics is a function that is flexible and changes according to the various constraints and demands imposed upon it. Logistics is - Supply + Materials Management + Distribution and logistics is basically the overall management of distributions and supply. There are many different transport methods including- * Air- This is used to deliver goods fast and also internationally. * Water- This can be used to transport goods slower. Sometimes unreliable
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How Freight Shipping Services reduce major moving and transport complications Companies having common cargo loads may experience the requirement for faster consignment delivery. Many services have been designed for meeting the emergency shipments requirements as time plays a crucial role for moving and transport services. The clients and facilities may require shipping with extreme care and speed to continue with operations and meet end customer demands. As any company expands operations to
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2. Remote location of its business. 3. High price of ram material. 4. Difficulty of replacing hardworking and loyal existing employee. II. Objectives 1. To keep the company of its current standing in the market in the future. 2. To develop new parts and products that will compete on new trends of shipping products. 3. To find other target market that will increase its market share. 4. To train and develop highly skilled worker at an earlier time to replace the retiring workforce. III
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RESEARCH includes research articles that focus on the analysis and resolution of managerial and academic issues based on analytical and empirical or case research Measurement and Validity of Jennifer Aaker’s Brand Personality Scale for Colgate Brand Bejoy John Thomas and P C Sekar Executive Summary Brand differentiation is now becoming an important tactic for combating competition in the hostile marketplace. A viable solution for establishing the distinctiveness of a brand is through brand personality
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discuss about what is ethics‚ how it affects‚ and ethics in business. In the second part‚ I discussed about options for Colgate to handle the situation. With continuing‚ I focused on importance of brand name and customer loyalty in business. At last this document indicates important of managerial rights. Finally I have given some recommendation and conclusion. Ethical Issues of Colgate Ethics is the study of morality and standard of conduct. Ethics norms and guideline changes from one country to the
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