Colton Jones‚ Inc. Marion Jones was once the sole shareholder and president of Chempla‚ Inc.; in 20X1 she sold her stock to Westcoat Industries. She signed an agreement to be a consultant for five years. After being unable to make a profit Westcoat decided to sell their interest in Chempla‚ but were unable to find a buyer. Westcoat offered Chempla back to Marion Jones and an agreement was reached on September 1‚ 20X4. Included in the agreement Marion would be majority shareholder of the newly
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Scenario 1 Energy Inc. has a present obligation (IAS 37-17) and probable liability (ASC 450-20-25-2) on December 31‚ 2011 as a result of a past event‚ the contamination of the land‚ because it is virtually certain that a draft law requiring cleaning up will be enacted. It is probable (more likely than not) that Energy Inc. will be required to transfer economic benefits in settlement which is an outflow of resources embodying economic benefits in settlement (IAS 37-23). The amount of the obligation
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Case 14 Philippine Journalist Inc.‚ 1. Time Context – October 20‚ 1972 (History and start of the experience of the company under martial law) 2. View Point – Mr. Eduardo B. Olaguer (Chairman of the Board and CEO) 3. Major Policy Statement - The Philippine Journalist Inc.‚ is a publishing company of group of journal such as People’s journal‚ Journal Tonight etc. it is known for local and international standards in publishing journals‚ and aims to equal other company not only locally but also
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CASE SUMMARY (PROBLEM STATEMENT) After sluggish sales growth in 1980‚ MEM Company‚ Inc. was considering ways to increase sales for the company ’s line of men ’s toiletries. Two main options surfaced; either 1) to expand distribution into food stores or 2) to introduce a new line called Cambridge. MARKET OVERVIEW The men ’s toiletries market was divided into three groups based on pricing‚ namely‚ exclusive‚ medium and mass priced category. MEM had competed primarily in the medium priced market
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Filter Innovations Inc. Filter Innovations Inc. (FII) was created by John Dragasevich in 1992. It was based out of Toronto‚ Ontario and supplied small industrial water filtration systems and environmental products. It focused mostly on projects that required processing below 1 million litres per day. This was because competing companies were more interested in projects that required processing above 1 million litres per day. Problem Statement The problem Dragasevich faces with FII is that
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Bridgewater Castings‚ Inc. This haevily disguised case is set in the “nature “woodstoves business in 1986. It is not based on The Vermont Castings Company. The issue is product line strategy based on product line profitability. In early 1986. Tim Morrissey was reviewing the disappointing 1985 results of oprations for his company ( see Exhibit 1). The business had been founded in 1938 by Tim’s grandfather as a modermization of an older iron forge company which Tim’s great- great –grandfather
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A Case Study on Electroparts Manufacturing‚ Inc. MGT 12 – G Group 1 Aseñas‚ Earl Adrian Buenavista‚ Gil J. Dineros‚ Georgette Mae P. Lu‚ Christine Y. Refamonte‚ Nathalie Tubat‚ Divina Mari A. February 28‚ 2014 I. CENTRAL PROBLEM How will EMI manage the increase in wages while maintaining profitability? II. MINOR PROBLEMS 1.) How can EMI take the new law into account in their waging and pricing system? 2.) How can EMI increase productivity to cope with the increasing
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‘Optical Distortion‚ Inc.’ Case Study December 02‚ 2013 Situation Executive Summary: Optical Distortion Inc. is a single product company that produces contact lenses for chickens. ODI believes that the use of contact lenses for chickens is a superior solution for poultry farms relative to the current alternative manners that farmers use to prevent cannibalism among their chickens – something that is the cause of mortality rates of up to 25% on some farms. Given the fact that
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Case Study: Central Transport‚ Inc. I. Basic Facts Jean Beierlein is the new president and CEO of Central Transport (CT) and has received an offer for a collaborative relationship from Susan Weber‚ who is the current president and CEO of SAB Distributions. CT and SAB has historically worked together and has developed a long lasting business relationship. The market has undergone dramatic changes that caused SAB to make changes in order to strive to remain competitive. However‚ SAB is losing their
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From the article of “Orkin‚ Inc. Named to Training Magazine’s Top 125 for Seventh Straight Year”‚ we can conclude that Orkin had an effective strategic training program such as Power Track Program. Power Track Program is a special‚ handheld computer technology which enables them to track pest activity and potential pest problems at the time of service. Salina H‚ Field Service Specialist said that Orkin has a good team atmosphere‚ relationships and opportunity advancement. They committed to deliver
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