MINI-CASES I. Cathy’s Collectibles Your cousin Cathy runs a part-time business out of her apartment. She buys and sells collectibles such as antique prints‚ baseball cards‚ and cartoon cells and has recently discovered the Web with its many auction sites. She has begun buying and selling on the Web by bidding on collectibles at lesser-known sites and selling them at a profit at more well-known sites. She downloads and uploads lots of graphics (pictures of the items she’s buying and selling). She
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Kaitlin Tolley MGT 331 Case 4: MagRec Inc. 1. If I were the manager I would have pushed for a more moral‚ honest solution to the problem with Partco. The company should have owned up to the poor quality parts and offer to fix any damaged parts for customers. Even though it would have cost the company time and money‚ it was the right thing to do. I think that if the company were to explain the situation to Partco- with the one bad batch of parts‚ and assured them that it wouldn’t happen again and
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What are the properties of water? In mini-lab 1‚ water was dropped onto the flat surface of a penny until the surface tension of the water was broken. 50 drops were able to be put onto the penny surface‚ with 51 drops of water being the point at which the hydrogen bonds of the water droplets that had created surface tension prior to drop number 51 failed to keep the surface tension‚ and the water spilt over the edges of the penny. This number of drops on the penny‚ 50‚ was possible because of cohesion
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rights to manufacture and market 10 HP Mini Tractor ‘Vanraj’ in 4 Indian States – Gujarat (GJ)‚ Madhya Pradesh (MP)‚ Maharashtra (MH) and Uttar Pradesh (UP). It has many features - affordable‚ fuel efficient‚ low maintenance cost‚ less operational costs‚ comparable features with big tractors. However‚ Pramal partners are in dilemma in targeting market segments. Background: The 4 states in which 2. PROBLEM IDENTIFICATION & ANALYSIS Below are the case analysis and the problems identified 1
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Liquidity: Current Assets trends in the balance sheet reflect a strong liquidity position. Also‚ when we look at the liquidity ratios we see both ratios were well above the industry average which shows Apple Inc. has no problem meeting its short-term obligations. Capital Structure: Apple Inc. did not have any long-term debt obligations for the periods 2003-2007. The company did not use any financial leverage to raise funds during the period of analysis. This shows the financial
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While scanning through the many business choices on missionstatements.com I knew I wanted to research a small business‚ I finally settled on Portage Inc. Missionstatements.com lists their mission as “At Portage we provide competent‚ responsive‚ and cost-effective services to customers in federal‚ state‚ tribal‚ and local governments‚ and private industry. We assist tribal governments pursuing self-determination by developing management strategies for environmental protection and resource development
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Apple‚ Inc. a) Operational Balanced Scorecard: Apple‚ Inc. Increasing customer expectations and a rapidly changing market are continually putting pressure on Apple to maintain a balanced scorecard. From the information reviewed‚ it is evident both financial and non-financial measures of Apple operations constitute the management of their strategic decisions and evaluations of the cost of quality measures. Using the balanced scorecard approach to define the financial positioning of Apple creates
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APPLE INC CASE ANALYSIS Clint A. Persaud University of Ontario Institute of Technology October 2014 Question 1 Industry From the beginning of time apple has operated in quite a few industries‚ the first being the Personal Computer in in 1976 (pg1) and then with the leadership of John Sculley they entered the Desktop Publishing industry from 1985 to 1993 where John Sculley also attempted to implement a low cost strategy (pg2). Scully didn’t stop there he also tried
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Trademark‚ Inc. Part I - Accounting Issues (Case #2) Background Trademark Incorporated designs‚ manufactures‚ and distributes gift merchandise. Trademark manufactures its goods in five plants across the United States and operates through four divisions: Greeting Cards and Stationery‚ Calendars‚ Party Goods‚ and Specialty Gifts. In addition‚ Trademark also owns a Swiss company that manufactures similar products in Western Europe. The Swiss company
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1. Activity Based Costing benefits businesses that are more complex in nature. In this case‚ Greetings. INC has added a new product line‚ Wall Decor‚ which permits them to grow without expanding their physical stores; however‚ they have significantly raised their overhead costs by multiplying their cost drivers. Not to mention the fact that they have incorporated a largely automated system into their product line‚ which we know calls for an ABC system. The main reason to move to ABC though‚ would
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