صلاح عودة Downsizing International forest products company (IFP) supported the local workforce and provide many job opportunities. However it had a problem which led the manager of the company to cutback the workforce by 30 percent on a crash basis. That decision should be performed by the human resource director at IFP‚ Scott wheeler‚ who had to put a suitable plan with many strategies and elements like: The union reaction‚ the effects of their decision on the surrounding community and the
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Helix Company produces several products in its factory‚ including a karate robe. The company uses a standard cost system to assist in the control of costs. According to the standards that have been set for the robes‚ the factory should work 780 direct labour-hours each month and produce 2600 robes. The standard costs associated with this level of production are as follows: | | Total | Per Unit of Product | Direct materials | $ | 53248 | $ 20.48 | Direct labour | $ | 8320 |
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order of the Court M/s ABC Limited was wound up with effect from 15.3.2002. Mr. Gupta‚ who ceased to be a member of the Company from 1.6.2001 received a notice from the liquidator to deposit a sum of ` 15‚000 as his contribution towards the liability on the shares previously held by him. Mr. Gupta seeks your opinion about his liability. Answer Liability of Contributory ‘Contributory’ is a term used in the case of winding up of a company. A Contributory can be past or present member and is
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advertising company launched in Nova Scotia for about five years ago. They work specifically with business and firms to help launch their market‚ with planning‚ design‚ and executive of ads‚ media buying‚ and consumer follow-up. The company has recently faced some issues‚ with some of their top graphic designers leaving to work for competing advertising agencies‚ resulting in a turnover rate of 15% for Leading Edge. Human Resource Manager Brian Davis found out that the structure of the company was the
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Manufacturing Company 9-192-063 Table of Content 1.1 Executive Summary…………………………………………………………………3 1.2 Problem Statement……………………………………………………………………3 1.3 Data Analysis………………………………………………………………………….4 1.4 Questions……………………………………………………………………………….5 1.4.1 If the company had dropped product 103 as of January 1‚ 2004‚ what effect would that action have had on the $158‚000 profit for the first six months of 2004? ( See exhibit 2)………………………………………………5 1.4.2 In January 2005 should the company reduce the price
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Case Analysis: Prestige Telephone Company Liam Hennessy‚ Xinyi Zhang‚ Yuan Chai‚ and Anthony Saba 1. Reasons for Continuing Losses Prestige Data Services’ main problem is that they have too many available hours that are not generating any revenue. In the first quarter of 2003‚ they have an average of 176 available hours per month of available hours. Its operations exact a huge amount of fixed costs to cover. If they could find more commercial customers for the available capacity‚ they could
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Mount Crest University College Course: Company Law Intake 2 Weekend Assignment Naa Amerley Quaye (B12010042) QUES: Yentua Company Ltd. was incorporated on 10th June‚ 2010. Its objects are construction and civil engineering works. It now wants to obtain a certificate from the Registrar in order to start working. What information should it present to the Registrar before it can be issued with this certificate? There are legal rules governing the commencement
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1. The Wilkerson Company is in the business of manufacturing valves‚ pumps and flow controllers. The company has been experiencing profit losses due to price reductions as a result of heavy competition in the pump category‚ which is considered a commodity product. In the valves category‚ Wilkerson seems to be a market leader with a loyal customer base. The valve business is less competitive‚ with no price reductions‚ and therefore the company has maintained its gross margin target while not compromising
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The current issue and full text archive of this journal is available at http://www.emerald-library.com IJOPM 19‚11 Continuous improvement and the mini-company concept Jan de Leede and Jan Kees Looise University of Twente‚ The Netherlands Keywords Continuous improvement‚ Teamwork‚ Organizational design‚ Case studies‚ Kaizen Abstract The key issue of continuous improvement (CI) seems to be the problem of combining extensive employee involvement with market orientation and continuation of CI
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Kristen ’s Cookie Company Kristen ’s Cookie Company is a good example where the success or failure of the company depends directly on the process planning adopted by the company‚ i.e.‚ the company can maximize its productivity by utilizing its resources effectively. One major aspect of process analysis is to identify the major bottlenecks in the process and trying to mitigate their effects with least possible level of costs and resources. The following flowchart shows the overall process adopted
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