1. List what you believe should have been the three to five key internal control objectives of Goodner’s Huntington sales office. The Goodner Brothers‚ Inc. case is an example of when company profits derived from management’s culture facilitated weak internal controls which allowed employees to commit serious fraud. "Goodner’s’ executives preached one dominant theme to their sales staff "volume‚ volume‚ volume." The Goodner Company in an effort to undercut its cut back on operating expenses
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Feasibility study A procedure that identifies‚ describes‚ and evaluates candidates systems and selects the best system for the job. Depending on the results of the initial investigation‚ the survey is expanded to a more detailed feasibility study. Feasibility study is a test of system proposal according to its workability‚ impact on the organization‚ ability to meet user needs‚ and effective use of resources. It focuses on three major questions: 1) What are the user’s demonstrable needs and how
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Alcoa Inc. For the quarter ended 30th September 2015‚ Alcoa Inc. reported revenue of $ 5.6 billion which was 11 % below that reported for the same period last year. The main reason behind this decline in revenue was the divestiture and closure of low margin business and the dent that aluminium price have continued to take in the most recently ended quarter. The net income was $ 44 million down from $ 149 million of third quarter 2014. Adjusted net income was $ 109 million translating into an EPS
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XIAOMI A Chinese electronics company headquarter in Beijing‚ China owns a private incorporation‚ Xiaomi Inc. and according to IDC (2015)‚ it’s the world’s 4th largest smartphone maker. Xiaomi develops‚ design‚ and sells smartphones. The company sold over 60 million smartphones in 2014 with the start-up of US$1.1 billion‚ known as the world’s most valuable technology star-up. Xiaomi’s valuation is over US$46 billion‚ according to (Douglas MacMillan‚ 2015). Over 8000 employees in the company‚ throughout
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CASE 1.3 Just for FEET‚ Inc. 1. (1) Common-sized Balance Sheet 01/01/1999 01/01/1998 01/01/1997 Current assets: Cash and cash equivalents 2% 18% 37% Marketable securities available for sale - - 9% Accounts receivable 3% 4% 2% Inventory 58% 46% 35% Other current assets 3% 1% 1% Total current assets 65% 69% 84% Property and equipment‚ net 23% 21% 15% Goodwill‚ net 10% 8% - Other 1% 1% 2% Total assets 100% 100% 100% Current liabilities: Short-term
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"The people who brought you The Ultimate Driving Machine are introducing you to The Ultimate Lifestyle Machine." The MINI IMC Campaign: Situational Analysis IMC Campaign Outline Produced by: Linda Brozowski‚ Christina Gunn‚ Roland Hancock‚ Mike Nakamura‚ & Trudy Walter MKT 467 Integrated Marketing Communications Professor Joyce Nielsen October 7‚ 2003 Situational Analysis Overview/Intro The small car market is set to grow by about 50% over the next ten to twelve years from the 8
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Sew What? Inc. has grown from a tiny kitchen and garage operation to a multimillion- dollar enterprise throughout the years by utilizing information technologies to contribute to the success of the business. The company began as a small company that was comfortable with utilizing word-of-mouth for business sales and only making sales local. Overtime‚ the founder became aware that she needed to branch out to other areas once she lost a contract. She lost the contract due to not having an active website
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Pyramid Door‚ Inc. Problem Pyramid Door‚ Inc. is a privately owned regional manufacturer for residential and commercial garage doors. The company was planning a $12.6 million of sales goal for 2006‚ which represented a 36% increase in sales over projected 2005 year-end sales. Richard Hawly‚ director of sales and marketing‚ had to decide what distribution approach should be used to support the expanded sales goal. SWOT Analysis |Strengths
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Case Study‚ SAS Institute Inc. The management culture is a very important factor in the imprinting of a company: it shapes the relationship between working environment and employee satisfaction. I will answer a few questions regarding the SAS ’s particular strategy of running the business in which the employees are unbelievably loyal‚ thanks to the benefits and cares that they receive from the employer. 1. One critic calls SAS "a big brother approach to managing people." Is the company too
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Haverwood Furniture Inc. (B) Background on the merger In April 2008 Haverwood Furniture merged with Lea-Meadows‚ a manufacturer of upholstered furniture for living and family rooms. The merger was not planned in any conventional sense. The merger proceeded smoothly since the two firms were located on adjacent locations and the two companies would maintain as much autonomy as was economically justified. The only real issue that still remained was merging the selling efforts. The question was straight-forward
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