Case: Tiffany & Co- 1993 (HBS 298-014) Assignment Questions 1. In what way(s) is Tiffany exposed to exchange-rate risk subsequent to its new distribution agreement with Mitsukoshi? How serious are these risks? Answer: About 15% of (1992) sales of $492mln or ~ $75mln will now be earned in Yen‚ but will have to be reported in $. At a Net Income (1992) of $25mln‚ the risks caused by this exposure are significant. Data from exhibit 6 shows that in a 6-month period (Apr-Sep) exchange
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Institute of Accountants has approved this Guideline for publication. These guidelines have been adapted by the Internal Audit Committee of the Malaysian Institute of Accountants from the publication "Guidance for Internal Auditors" issued in June 1990 under the aegis of the Consultative Committee of Accountancy Bodies (CCAB) in the United Kingdom. These guidelines provide advice to internal auditors on the main issues and procedures which they need to consider as part of their work in both the commercial
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After the closure of Turner Trucks workshop‚ because of economic downturn‚ competition and decline in customers‚ Ralph Turner was jobless. He found a job at Thomas Motor Co. at a low salary as there were no other alternatives available. Robbins‚ the workshop foreman‚ perceived that Ralph was happy with this because he felt lucky to have found the job. The major issue in this case is the temperamental behaviour of Ralph. Some examples of his explosive behaviour are; complaining about the workshop
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demographics of the respondents‚ and to ascertain the psychometric components of the NWRES using exploratory factor analysis (Duddle & Boughton‚ 2009). Using the results of the factor analysis‚ the authors were able to assert the construct validity of the survey instrument. Moreover‚ using Cronbach’s alpha‚ the researchers were able to confirm the reliability of the instrument by examining the internal consistency of the survey instrument (Duddle & Boughton‚ 2009). Looking at the quantitative methods
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Internal Recruitment The assessment of an employer’s current staff to ascertain if any current employees are sufficiently skilled or qualified to perform required job vacancies. When a business engages in internal recruitment‚ a current employee might be reassigned to the new position by giving them either a promotion or an internal transfer. Advantages of Internal Recruitment Reduced Recruiting Costs There are costs associated with recruiting‚ especially when your search is conducted outside of
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Kroger Company is a leading grocery retail chain that prides itself on its customer satisfaction and conducting ethical business. Kroger operates nearly 2500 grocery retail stores in 31 states. An internal evaluation of the company’s strengths and weaknesses are analyzed‚ in addition to an analysis of the company’s external opportunities and threats. In coordination with this a consumer characteristic and behavior was diagnosed along with Kroger’s strategic direction for its company. In addition
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Question 2: The analysis of the internal environment of KPJ Healthcare Berhad that affecting supplies chain drivers of company. Assessment Diagnosis Recommendation 1. Shortage of qualified staff Some of the staff is still under training but they provide service such as nurses. This maybe will damage the reputation of the hospital among its competitors. Currently‚ there are critical needs for experienced nurses in the operating room‚ critical care‚ and neonatal care arenas. Also some of their
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Men and women have always had specific roles that are played when starting a family. Women being viewed as the fulltime house worker‚ and men as the income support. Hope Edelman writes on her essay “The Myth of Co- Parenting: How It Was Supposed To Be. How It Was” how her martial experience was conflicted with ingrained gender roles. The role women played in a household‚ as oppose to the role women currently now play in the household are very different. Hence‚ the typical stigma that the man is the
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With the rise in consciousness and increasing attempt by the legal bodies in order to boost the understanding of accounting practices‚ it is becoming a good alternative to do analysis on annual report of public listed company in Malaysia. This report provides information obtained through comparative analysis of the annual report‚ regarding the compliance on it statutory requirements and how they interpret their corporate governance. It is indeed a crucial topic as to ensuring maximum
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PepsiCo‚ like other companies have their sustainable and competitive advantages‚ and are judged on their SWOT analysis. I will discuss how PepsiCo does in these areas and how they plan on improving some as well. PepsiCo states that there are three main sustainable advantages that give them a competitive edge as they compete globally with other companies. One‚ their big muscular brands‚ two‚ proven ability to innovate and create differentiated products‚ and third‚ powerful go-to market systems
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