The SWOT analysis in Table 1 maps Tippling’s Strengths‚ Weaknesses‚ Opportunities and Threats‚ it is used to better understand factors that affects Tippling’s competitive advantages. Strength: Tippling’s success owes to its ability to leverage on its key strength‚ focusing on development and deployment of its resources and capabilities . They are creative to integrate their knowledge of food science with story-telling techniques in their presentation to stimulate senses‚ creating extraordinary
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Peter van Staden About Sports Clubs Sports clubs are non-profit organisations‚ they render services to their members and they use income to upgrade the facilities used by the members. Although the accounting principles for a sports club and a business are the same‚ they are different in the way that the object of a business is to make a profit where as the object of Sports club is to enable its members to take part in one or more kinds of activities. Sources of income Membership fees Juniors
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Entrance fees • Profits made by running a tuck-shop and bar/coffee shop • Profits made by running a Kit shop What are the club’s main items of expenditure? • Refreshments bought to sell at the tuck-shop and bar/coffee shop • Expenditure on cost price of the club jerseys and socks that get sold at the Kit shop • Operating expenses such as water‚ electricity‚ etc. • Maintenance expenses What ledger accounts are you using in your system in order to record these incomes and expenses‚ focussing on those
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The Club by David Williamson are shown throughout the play. The characters are all different with their personalities and roles within The Club. In his play The Club‚ David Williamson presents numerous Australian attitudes of the 1970s. However‚ many of these attitudes are still relevant and fairly accurate representations of Australian attitudes in the 1990s‚ David Williamson uses power to show the tension in the club and between the members. Tradition plays a very important part in The Club. Each
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INTERNAL RESEARCH MEMO Date: September 12‚ 2014 Preparer: ABC Reviewer: Jack Client: Ann RE: Dependency Exemption Facts: Ann and Jeff Burns divorced in 2011 when their daughter Kim was three and Ann filed an agreement that allowed Jeff to take a dependency exemption for Kim as long as he continued to provide child support payments. Last year Ann wished to take the dependency exemption for two reasons. First‚ she has provided more than half of the cost of raising Kim. Second‚ the agreement
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The Case Study Toronto Football club As soccer had become one of the most popular sports in the world‚ there was a potential possibility to bring a professional soccer in Canada. The first game of the Toronto FC (Football Club) was successful on April 28‚ 2007 after Toronto Blizzards was dismantled in 1984. Thousands of fans wearing FC gear with diverse backgrounds enjoyed to cheer on their team when the team played match against the Kansas City wizards. Marketing strategy was the key to bring
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CHAPTER 3 COST-VOLUME-PROFIT ANALYSIS TRUE/FALSE 1. To perform cost-volume-profit analysis‚ a company must be able to separate costs into fixed and variable components. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: cost-volume-profit (CVP) analysis 2. Cost-volume-profit analysis may be used for multi-product analysis when the proportion of different products remains constant. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: cost-volume-profit
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process or markets (Exhibit 1): All mature and mass-produced products have been transferred out (managers decided to transfer out profitable products‚ because they believe it is more lucrative to produce them in modern plants)‚ Detroit plant has been left with residue of low-volume products and replacement parts for Tiffin‚ Fremont and Maysville. Obviously Detroit plant is a typical job shop which required higher task variety‚ labor skill‚ tooling set up time and unit cost. Detroit plant used to take
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them to begin their business venture but it would not be as easy. Does the industry contain markets that are ripe for innovation or are underserved? The retail industry offers the opportunity to enter because the retail industry needed a better cost leadership discount store with a variety of products and services that could be sold to a mass consumer base. Are there positions in the industry that will avoid some of the negative attributes of the industry as a whole? Yes‚ the retail industry
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with additional income it covers the clubs expenses. There are usually Membership fees outstanding as well as people who pay in advance. Entrance fees is also a part of the clubs income. This is paid by new members who join the club. This fee is only paid once and stands at R200 for juniors and R400 for adults. The club also has a tuck-shop that sells refreshments as well as a coffee bar The club also has a shop that sells jerseys and socks. The club also gets money if they win a tournament
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