2010-2011 MASSEY UNIVERSITY Honesty Declaration School of Management (Albany) |Lecturer’s Name |Paper Name |Paper Number | |David Tappin |Project Management |152.752 | Honesty Declaration |I/we declare that this is an original assignment and is entirely my/our own work.
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Case: AMERICAN CHEMICAL CORPORATION 1. Executive Summary Dixon‚ an American specialty chemical producer‚ wants to buy Collinsville plant from American Chemical Corporation‚ another typical chemical company in 1979. Dixon wants to diversify its product line buy acquiring the aforesaid plant‚ which produces sodium-chlorate to supply to paper producers in Southeastern part of the US. This plant initially cost 12 mln. USD and additional 2‚25 mln. USD needed to buy laminate technology to increase efficiency
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liability of the shareholders. However‚ under certain circumstances the corporate entity may be disregarded. This is also known as piercing the corporate veil and is the most frequent method for holding the shareholders liable for the acts of a corporation. Corporate officers‚ directors and controlling shareholders have a general fiduciary duty of loyalty and care which should govern all their corporate conduct. Unless they breach that duty by gross negligence or acts in bad faith‚ they usually will
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Running Head: Starbucks Corporation Starbucks Corporation: Company Study April 15‚ 2014 Siena Heights University Case Statement: Starbucks is a globally expanding cooperation with many future opportunities and they will continue to strive to be the world’s greatest coffee company. Mission Statement: Starbucks Corporation’s current mission statement inspires the goodness of the communities and people they reach out to on a daily basis. Their mission statement
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HERNISCHFEGER CORPORATION CASE ANALYSIS 1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements In 1984 they changed the depreciation method from accelerated methods to the straight-line for financial reporting purposes. This change included a adjustment of the residual values on certain machinery and equipment. They also included the products purchased from Kobe Steel‚ LTD and sold by them in their net sales. Moreover‚ they
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Corwin Corporation Case Responses Questions: 1) Should companies risk bidding on projects based upon rough draft specifications? Explain your answer in detail. No‚ because rough drafts are exactly that – a draft. Despite a first-mover advantage for early bidders‚ the project can completely change‚ which would impact the ability for a firm to meet the required budget‚ timeline‚ project goals and customer satisfaction. 2) How should West have handled the situation where Pat Ray’s opinion of
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Sony Corporation Time Context: End of the fiscal year in March 2000 Viewpoint: Marketing Analyst Facts: March‚ 2000 - Sony Corporation began to redesign itself as a forward-looking company in the network era of the 21st century. Consolidated net sales in the given fiscal year: 6‚687 billion yen Operating income: 241 billion yen Sony’s market capitalization: 9.1 trillion yen 4th among the Japanese companies listed on the Tokyo Stock Exchange as of May 18 2001 (Top 3 companies- NTT Docomo‚
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In this scenario Margret Weston‚ received a letter. In the letter she found out that Yossarian acquired 10% of the company’s stock. This aggressive move by Yossarian was motivated by the company management not doing their job to maximize shareholders wealth. Moreover‚ the managers were having issues with the hurdle rate‚ because it is just generally accepted‚ but not scientifically proven. On the other hand one TV Commentators opinion about Teletech Corp. is that “there is no way to have a hostile
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CapitalBanc Corporation case 2.4 1- Management assertion is a set of information that the management provided it to the auditor‚ so the auditor will make sure there are no material misstatements. According to AU 326‚ paragraph 3‚ management assertions can be either explicit or implicit and can be classified according to three categories: Assertions about transactions‚ assertions about accounts balance‚ and assertions about presentation and disclosure. The auditor has to keep in mind that the
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Technical Problem The Metric Machine Parts and Supplies Corporation (MMPS) is a large growing global business with a few network problems. MMPS have many difficulties with their current network service that has been monitored by a third party telecommunication network who does not think anything is wrong with their service. Some of the technical difficulties that MMPS faces are frequent telecommunication network crashes that lead to bad customer services satisfaction to their customers. Due to the
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