Case 1: The Springfield Nor’easters: Maximizing Revenues in the Minor Leagues Q1. Review the case details Exhibit 5 “Survey Questionnaire and Response Distributions” and Exhibit 6 “Buckingham’s pricing matrix worksheet.” Complete filling in the pricing matrix worksheet for Exhibit 6 as taking the role of Larry Buckingham. The Table 1 illustrates Larry Buckingham’s price matrix. Table 1: Larry Buckingham’s price matrix Ticket
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S w 9B08M070 THE REGAL CARNATION HOTEL‚ GUAM Jim Kayalar wrote this case solely to provide material for class discussion. The author does not intend to illustrate either effective or ineffective handling of a managerial situation. The author may have disguised certain names and other identifying information to protect confidentiality. Ivey Management Services prohibits any form of reproduction‚ storage or transmittal without its written perm ission. Reproduction of this material is
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Identification of the strategic issues and problems The first issue for the Springfield Nor’easters was being a new minor league baseball team in an already troubling market. A minor league ice hockey team named the Falcons had already announced that unless the team sold 300 plus season tickets‚ they would be leaving Springfield. Another important issue for the Nor’easters was Larry’s lack of sport industry experience and the length of time to develop a pricing strategy. Larry had 6 months to
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FRANK’S® REDHOT® Cayenne Pepper Sauce The Frank’s® RedHot® team was in its fifth hour of its strategic initiatives meeting. Mike Power‚ who had recently joined Reckitt Benckiser as the Category Marketing Director on the Sauces and New product Development business scratched his head and said‚ “Okay team‚ we’ve been at this for a while‚ let’s take a fifteen minute break and re-group.” The spirited debate continued in smaller groups as the team headed out into the hallway. This was an
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breakeven (X) Sales per unit. 35‚000 x $160 = $5‚600‚000 • What is the break-even point in number of passenger train cars per month? At 70% load = 90 x 70% = 63 Breakeven point in passengers = 35‚000/63 = 556 cars c) If Springfield Express raises its average passenger fare to $ 190‚ it is estimated that the average load factor will decrease to 60 percent. What will be the monthly break-even point in number of passenger cars? 90 seats x 60% = 54 Contribution Margin
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Executive Summary In Springfield Nor’easters case study‚ Larry Buckingham is the marketing director for the Nor’easters‚ a class A minor league baseball team in Springfield‚ MA. As any other profit-seeking business the objective of this sports club is to sustain a viable business by making profit‚ at least brake-even in the opening season. The two major sources of revenue for Nor’easters are ticket and concession sales. Larry conducts market research to gain knowledge about potential customers and
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Arbiters and the commission. (a) The Labor Arbiters shall have theoriginal and exclusive jurisdiction to hear and decide within thirty (30) working days after submission of the case by the parties for decision‚ the following cases involving are workers‚ whether agricultural or non-agricultural: 1. Unfair labor practice cases; 2. Those that workers may file involving wages‚ hours of work and other terms and conditions of employment; 3. All money claims of workers‚ including those based on non-payment
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SUIT TO INTERNATIONAL CATHOLIC MIGRATION COMMISSION (ICMC); THUS‚ BOTH THE LABOR ARBITER AND THE NLRC HAD NO JURISDICTION OVER THE CASE. — The basic issue in this case is whether the Memorandum of Agreement executed on July 15‚ 1988 gave ICMC immunity from suit. The Court holds it did. Consequently‚ both the Labor Arbiter and the NLRC had no jurisdiction over the case. Petitioner’s contention that the Memorandum of Agreement is not an act of Congress which is needed to "repeal or supersede" the provision
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Republic of the Philippines SUPREME COURT Manila EN BANC G.R. No. L-13954 August 12‚ 1959 GENARO GERONA‚ ET AL.‚ petitioners-appellants‚ vs. THE HONORABLE SECRETARY OF EDUCATION‚ ET AL.‚ respondents-appellees. K.V. Felon and Hayed C. Cavington for appellant. Office of the Solicitor General Edilberto Barot and Solicitor Conrado T. Limcaoco for appellees. MONTEMAYOR‚ J.: Petitioners are appealing the decision of the Court of First Instance of Masbate dismissing their complaint
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Neither the life of an individual nor the history of a society can be understood without being able to understand both. Discuss. To make true the desires of the ancient philosopher Socrates we now live in a world that dares us to think for ourselves. We are now in a position to shape our own destinies more so than ever before due to the greater social mobility which we now have at our disposal. As a whole the world has gone from agrarian to a much more capitalist age in which people are never satisfied
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