Q1) Comment on the forecasting method being used by Yankee? Suggest changes that you feel are justified? Ans1) Yankee presently is using the qualitative method for forecasting future demand. Qualitative method as we know is subject to experts’ intuition‚ experience‚ and opinions. So each person according to his/her past experience‚ forecasts the demand for the future. For example‚ Phil Stanton who is in the operations makes his decision of producing in the future on the basis of demand forecast
Premium Future Forecasting Time series
The Dilemma of an Accountant Studying the ethic case the dilemma is whether Dan Potter‚ who was assigned to an audit assignment should go by the audit and guidelines or whether he should disregard the ethical standards and continue to follow the instructions of his immediate boss. Dan Potter is working as a staff accountant at Baker Greenleaf. Dan final had an opportunity on first major audit assignment. This assignment required him to work under the supervision of his senior‚ Oliver Freeman‚ on
Premium Ethics Auditor's report Audit
Account Management Case Study AGENDA FOR THE PRESENTATION AM’s Performance Measurement Framework Seller’s Classification Seller Evaluation Framework Challenges Faced – Sellers Prespectives Account Management Initiatives to Increase Sales [SNAPDEAL Actions] Initiatives to Increase Sales [Sellers Actions ] Proposed structure - “AM – Sellers” alignment Account Manager Number of Sellers Handled Rishi 272 Omi 445 Akki 42 Sid 16 Vinod 5 Account Manager High Revenue Account Sid
Premium Sales Revenue Customer service
1) What caused the existing system at ETO to fail? This system was based on the assumption that direct costs and overhead are consumed in the same proportion for all product testing. However‚ this is not the case and therefore the system failed. For example‚ due to the implementation of the vendor certification and the just-in-time delivery‚ some products are already tested and do not need any further tests‚ and ETO faces a decreasing number of the tests performed. On the other hand‚ new components
Premium Depreciation
which involves the moral standards and principles and how it affects the outcome of a decision‚ and to help give an ethical response to Alice’s case study‚ The Layoff. In order for me to give the right advice to Alice to respond to her friend‚ I will firstly identify the moral standards and principles that should be applied‚ what the ethical dilemmas that Alice faces and the process for decision making. Then identify key ethical theories like‚ Consequentialist theories: Egoism‚ Utilitarianism
Premium Ethics Morality
Case Study: British Telecom: Searching for a winning strategy Tuomo Summanen Michael Pollitt Judge Institute of Management November 2002 1. Introduction The development of the telecommunications market in the United Kingdom and the corporate strategy and development of the incumbent‚ British Telecom‚ represents an interesting object of analysis for several reasons. First‚ the UK telecommunications market was - along with the U.S. market - among the first telecommunications market that
Premium Telephone company Mobile network operator
Florida Atlantic University Star River Electronics Ltd. – Case Analysis Case Summary Star River Electronics is a joint venture company that has gained respect within the industry for producing high quality CD-ROMs to major software companies. In the mid 1990s‚ multimedia products created a high demand for CD-ROMs‚ allowing manufacturing companies of all sizes to enter the market. As a result‚ an oversupply ensued causing prices to decline as much as 40%. Star River survived a period
Premium Financial ratios Financial ratio
“The High Cost of High-Tech Foods” 1. What are the ethical issues in this case?? The ethical issues in this case revolve around the consumption of genetically modified (GM) foods. We have the supporters of GM food arguing that judging the actual risk should not occur until extensive scientific research has been conducted. Until then‚ they believe that these crops can effectively aid in feeding the world’s needy by providing higher per acre yields while having a reduced need for pesticides
Free Genetically modified organism Genetically modified food Genetic engineering
making the right decision. In addition many ethical questions usually arise in trying to understand or explain the situation. For example‚ will the outcome of the surgery be successful? Is sacrificing one twin to save the other justified?In this rare case of conjoined twins‚ the decision on separation presents a conflict of interest between the parents values and the medical professionals expertise or duty. The outcome also presents a ray of possibilities. Firstly if surgery is carried out‚ there are
Premium Ethics Morality Convention on the Rights of the Child
Ethical Dilemma 1) Do the end justify the means? Parties involved: Garreth Welch- Chairman and group CEO‚ 59 years old Richard Deakin- President of West Coast Operations and CEO of Columbia Solutions Catherine Simpsons- head of Sales at Columbia Solutions Ray Wilson- Financial Controller at Columbia Solutions The Company: A medium-sized corporation which owns a number of IT and media related companies in Canada. Garreth Welch founded the corporation. His business style is to identify
Premium Ethics Management Business ethics