Social Responsibility 1. If you were the manager of “Bally’s Grand Casino”‚ would you treat Elaine Cohen any differently? What would Friedman (“Increase Profits”) and Allen (“Schizophrenic Conception”) advise the manager to do? Use ethical methods and legal concepts to support your position. Elaine Cohen‚ a 73 year old widow‚ is a consistent gambler who spends her retirement savings on casino gambling. The Bally Grand casino‚ where Elaine spends her money‚ is treated very well. The casino “comps”
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Smith Financial Corporation Smith Financial Corporation Case Study On February 10th 1997‚ Frank Miller assumed the position as the director of data management in Smith’s Information Services department. He was hired to fill a vacancy that was available for more than one year as well as help restructure and reorganize Smith’s Information Services department (Hattersley and Mcjannet‚ 54). The primary function of the Data Management Group at Smith Financial was to manage the distribution‚ storage
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checks and balances to ensure that such corruption and/or errors do not significantly disrupt the living situation amongst the majority of people. The case that I will be discussing in my project is based on Flight Transportation Corporation. Flight Transportation Corporation (FTC)‚ an aviation company based in Eden Prairie‚ Minnesota. FTC’s principal line of business was executive and group air charters. In 1980 and 1981‚ the rapidly growing company reported revenues of $8 million and $24.8 million
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Restructurings‚ and Corporate Governance Eskimo Pie Corporation Copyright © 1992 by the President and Fellows of Harvard College. Harvard Business School case 293-084. In early 1991‚ Reynolds Metals‚ the makers of Aluminum Foil and other aluminum products‚ decided to sell its holding of Eskimo Pie‚ a marketer of branded frozen novelties. Reynolds had few interests outside its aluminum and packaging business‚ and the Eskimo Pie Corporation‚ with roughly $47 million in sales‚ accounted for less
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KINH DO CORPORATION I. Introduction Kinh Do Corporation is Vietnam’s largest confectionary company by both sales and production value. The company was founded in 1993 by a small group of entrepreneurs in Ho Chi Minh City‚ Vietnam; beginning as a snack company. Kinh Do sucesses on snack products opened a new opportunity with the strategy of diversifying product portfolio and affirmed the quality of a Vietnam brand. From a small production facility with sales of only 10 billion in 1993‚ Kinh Do has
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“Hershey Foods Corporation” History: Milton Hershey’s love for candy making began with a childhood apprenticeship under candy maker Joe Royer of Lancaster‚ Pennsylvania. Mr. Hershey was eager to own a candy-making business. By 1901‚ the chocolate Industry in America was growing rapidly. Hershey’s sales reached $662‚000 that year‚ creating the need for a new factory. Mr. Hershey moved his company to Derry Church‚ Pennsylvania‚ a town that was renamed Hershey in 1906. The new Hershey factory provided
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A. The situation involving Galena Medical Corporation has many stakeholders involved. One of the most important stakeholders in this situation is Sam Farr. Sam Farr is the president‚ founder‚ and majority owner. As majority owner he holds 51% of the stock. Jill Hutton is another significant stakeholder in this situation in which she holds 40% of the stock. Both Sam and Jill are the prominent stakeholders because if Jill is able to purchase more shares or increase her voting power Sam will risk
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Westpac Banking Corporation established in 1817 is the first and oldest bank of the four major banks in Australia. The group is the leading institutional bank with a wide range of financial services‚ commercial and institutional banking insurance and wealth management services including 6.7 million customers in it domestic market. It strong market position is based on a strong distribution network comprising 813 branches and 1‚653 ATMs in Australia. The market is divided into four segments‚ the
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Stryker Corporation Deciding whether to keep outsourcing or in-source PCBs Stryker Corporation has 3 different options regarding the supply of needed PCBs. Option 1: contemplates the fact of keeping the same suppliers but with significant changes in order to assure continuous supply of PCBs and quality. No investment is needed. Option 2: establishing a partner with a single supplier. This way there would be a sole supplier for Stryker established in a new facility near them‚ this would give
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The initial strategy of the advent corporation was the intention of making products that were significantly different from other company’s products. Advent was an enterprise committed to the design and manufacturing of superior quality and high-performance products. Instead of competing directly with the experienced players in the market‚ Advent had the original intent to play it safe. The Advent Corporation had the idea of tapping the unexploited 5% of the home entertainment market which was less
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