P(6-12) a. Internal control strengths in PEI’s system include: * Automated customer credit limit master file. Allows automated checking of a customer’s credit line on a real-time basis before sales orders are filled. * The Credit Manager establishes credit limits for new customers on a daily basis so that credit-worthy customers may have their orders filled in a timely manner. * Real-time customer credit checks before orders are processed. * Aging reports provided
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If I were Harold‚ I would redesign the compensation plan at MedTech to accommodate the needs of the organization while also reinforcing the importance of the sales team. While the straight commission plan has worked at MedTech over the past several years‚ employee feedback and current sales figures show that a change may be needed to increase the effectiveness of MedTech sales representatives. Straight commission plans do promote sales‚ but there are issues with this type of plan. During slow
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Company background First founded in Tokyo in 1881‚ Seiko rose from a company repairing and selling second-hand clock to one of the leading names in the watch industry. Over the course of its history‚ Seiko has proved to be a very innovative company; it was the first company to launch the quartz wristwatch in 1969‚ it produced the battery-free Kinetic line in the late 1980 and launched the mechanical/quartz hybrid technology under the Spring Drive brand in 1999. While Seiko is a well-known producer
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In 1996‚ Vivus‚ a pharmaceutical company sought approval from the FDA for Alista‚ a topical cream to potentially eradicate the disease of Female Sexual Dysfunction or FSD in women. Vivus describes FSD to have symptoms such as lack of desire‚ lack of pleasure and pain during sexual intercourse. According to their affiliated medical professionals‚ 43% of women ages 18-59 have the “disease” of FSD. This orgasm cream idea stemmed from the fact that Viagra was created for men who experienced difficulty
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A concept that appeared in both interviews was responsibilities. Yaswantie worked to support her family‚ she volunteered at her church‚ and worked full time. Similarly‚ to her sister‚ Basmatie had to support her husband‚ while running her own business. Despite the responsibilities that these women have‚ they both decided to attend college. Additionally‚ both interviewees discussed money and how it affected their lives. The cost of tuition was a factor that caused both sisters to make adjustments
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1. What suggestions do you have for Sabina about working with suppliers and how would you address the sourcing issue from the Chinese supplier based on Lean principles? If not already‚ suppliers should be notified that Sabina would expect them to have some Lean implementation completed; set a date. Sabina needs to work out a different strategy for inventory from the Chinese vendor. In order to succeed Sabina need to fallow the element of Lean The first element is Lean production reduce the quantity
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When staff arrived on shift residents K.W. and T.W were observed horsepalying in the kitchen area. Residents KW and TW were both prompted with verbal prompts to check down to their bedrooms due to fact it was pass their bedtime however‚ they refused exhibiting playful behaviors i.g. running up and down the stairs and banging on the other residents door. JS (Staff) redirected the residents on several occasions to be respectable towards the other residents and to follow the program rules. Both residents
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I have been assigned to help with the analysis of reviewing and redesigning the collections‚ disbursements and forecasting processes. I am also tasked with making suggestions on how to proceed with this redesign. One problem I found with GMC’s collections process is that they are currently heavily reliant on receiving payments by check. Over 90% of domestic customers‚ about 85% of total revenue‚ pay by check sent to the company’s headquarters. Another problem with domestic customers is that 35% of
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1. Ellen would be Diagnosed with the Bipolar subtype‚ Bipolar ll. Bipolar II is characterized by major depressive episodes alternating with hypomanic episodes. This is due to Ellen describing having severe depression as well as panic attacks. Ellen experiences months of being in a major depressed state and has described herself as being unhappy through most of her life‚ with no long periods of feeling good. She also described having many episodes of abnormally elevated moods that have also lasted
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There are two recommendations for Aldi: materiality analysis and development of contingency plan. The former is to take advantage of the opportunities while the latter is to address the threats. A materiality analysis is use to determine internal issues and priorities within Aldi. I should take not in here that is lagging behind its primary rivals as Coles Myer and Woolworths in term of market share. If Aldi will do this‚ then it could consider optimizing the business model while not drawing away
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