Management Control System Case Assignment Name : Muhammad Kamil 12/341277/PEK/17366 Class : International Class‚ Batch 60 Chapter 11 Case 11-3. CUP Corporation Case Overview CUP was one of the largest insurance firms based in Europe. They enjoyed growth rate of more than 25% each year for almost past 10 years. They sold various forms of insurance in order to broaden the type of the insurance into health‚ life‚ casualty‚ property‚ and automotive areas. However‚ the growth was flat instead of the planned
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Teletech Corporation‚ 2005 Kyle Fortin My recommendation for Teletech Corporation is to change from a constant hurdle rate to the use of two risk-adjusted hurdle rates‚ one for each segment. Teletech’s performance is evaluated based on economic profit calculations. Through this measure‚ the risk-adjusted hurdle rates return a higher amount of profit compared to a single corporate hurdle rate. Currently‚ the firm has been using 9.30% as their hurdle rate‚ and as a result the firm’s share prices
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1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. In 1984‚ the Corporation has computed depreciation expense on plants‚ machinery and equipment using the straight-line method for financial reporting purposes. Prior to 1984‚ the Corporation used principally accelerated methods for its U.S. operating plants. 2. What is the effect of the depreciation accounting method change on the reported income in 1984? How will this change
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University of Phoenix Material Lee Corporation Equity Scenario Lee Corporation is an American company that began operations on January 1‚ 2004. It has just completed its fourth full year of operations on December 31‚ 2007. Ending Year Balances for the prior year that ended on December 2006 were as follows: Retained Earnings: $ 225‚000 Common Stock at par: $ 500‚000 Additional Paid-in Capital: $1‚000‚000 Treasury Stock: $ 200‚000 Income before taxes for 2007 totaled $240
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InterActiveCorp Based on the article about InterActiveCorp‚ the corporate level strategy is gaining acquisitions in travel‚ finance‚ and classified ads. This sounds like a horizontal merger and acquisition strategy because of the range of services that IAC has been acquiring. Their focus seems to be mostly travel and entertainment companies. These include companies like Match.com‚ Expedia‚ and Hotels.com. As for the restructuring strategies for IAC‚ Barry Diller is trying to focus on businesses
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1. What was Harry Wiley’s message? Did he relate it properly? How would you have received it? Harry’s message to Terry was that he has to make more of a concerted effort to get to know his customers‚ particularly Blandings Consolidated‚ a customer accounting for 30 percent of the territory’s business. There is a longstanding relationship between the two organizations and Harry wants to nurture and further develop that relationship. The pertinent questions posed by Harry while having cocktails and
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should government of an oil or gas-producing nation seek advice from outsider on how its oil or gas reserves should be developed and the resulting revenues should be used? Fiscal management is one of any government’s sovereign functions. However‚ not all governments have the capability to effectively manage its own revenue generation and revenue flows. At some point‚ outsiders must be sought for guidance and advice‚ especially in the case of a government that found its first oil/gas reserve and had no
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Horizon’s Impact on Gulf Wildlife and Habitats” the author(s) really didn’t used too many emotions when writing the article. In fact‚ this article was more informative of the issues that wildlife is faced with in their living conditions. Moreover‚ the article mainly list detailed information on statistics done by other researchers and scientist. The author simply used manipulation of statics. I believe‚ that the article was used in efforts to gain volunteers to help with the oil spill disaster. Normally
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Case Analysis: Optical Fiber Corporation Introduction Optical Fiber Corporation (OFC) is a financially successful‚ albeit relatively small manufacturer of multimode optical fibers. The company was founded in 1990. The founders were able to enter the market largely on the basis of acquiring patent licenses from larger optical fiber firms. These licenses restricted competition between the entities and provided OFC with instant access to optical fiber technology. In return‚ OFC’s customer
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Gulf Real Estate Properties Gulf Real Estate Properties‚ Inc.‚ is a real estate firm located in southwest Florida. The company‚ which advertises itself as “expert in the real estate market‚” monitors condominium sales by collecting data on location‚ list price‚ sale price‚ and number of days it takes to sell each unit. Each condominium is classified as Gulf View if it is located directly on the Gulf of Mexico or No Gulf View if it is located on the bay or a golf course‚ near but not on the Gulf
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