Company’sThompsonDivision‚ "I’d becountermanding my order of last month for our salesmento stop shaving their bids and to bid full-cost quotations. I’ve been trying for weeksto improve the quality of our business‚and if I turn around now and acceptthis job at $430or $450 or somethingless than $480‚I’ll be tearing down this program I’ve beenworking so hard to build up. The division can’t very well show a profit by putting in bids that don’t even cover a fair share of overheadcosts‚let alone give us a profit." Birch Paper
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expect to steal market share both from the trucks and Norfolk Southern which will have an annual impact on EBIT of $ 180 million. The DCF valuation led to a value of $11.2 billion and the transaction multiples to a value of $10.8 billion. The proposed bid of $8.3 billion made has an implicit growth rate of 1% in the DCF valuation and an implied EV/EBITDA multiple of 8.2x. This is regarded has too low since the inflation rate is expected to be at 3% and so the revenues are expected at least to grow at
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American Currency Quotation whereby the value of the American dollar (home currency)is stated as a per-unit measure of a foreign currency. This type of quotation shows how much U.S. currency it takes to purchase one unit of foreign currency. Symbol | Bid | Ask | High | Low | Chg. | Chg. % | Time | EUR/USD | 1.3335 | 1.3338 | 1.3375 | 1.3296 | -0.0038 | -0.29% | 15:52:24 | GBP/USD | 1.5691 | 1.5694 | 1.5724 | 1.5616 | -0.0028 | -0.17% | 15:52:24 | AUD/USD | 0.9586 | 0.9589 | 0.9665 | 0.9568
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An invitation to treat is an offer to negotiate or an offer to receive offers. The following are situation that can be considered as invitation to treat: 1) Display of goods Pharmaceutical Society of Great Britain v Boots Cash Chemicals (1952) Boots operated a self-service store which included a pharmacy department. Customers would select items from the shelves and take them to a cashier’s desk at one of the exits where they were paid for. When a drug was involved‚ a pharmacist supervised the
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Critical Analyses Employee scheduling is undoubtedly the most common and one of the most well known problems that managers face. In most cases the problems arise due to changing shifts‚ no scheduling template suited to specific needs‚ and high turnover rate. The problem that Netjets face in similar in nature but the root cause is a bit different. Sudden changes in flight schedules can be closely attributed with changing shifts and scheduling conflicts can be understood as no standard scheduling
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Federated Industries (1984) Thomas Connors will bid for Southern Valley Authority to sell capacitor. The market of it is already matured and price has been eroded (Margin of the price that won the last bid is only $0.02). 85% of customer in the market is price oriented‚ SVA as well. The product is hard to differentiate. The goals Connors was given from the manager are... 1. higher margin 2. recover share from 36% -> 50% 3. price stability How much should he bid? (It’s an option as well to withdrow from
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Air France Internet Marketing Case Assignment FORMULA’S APPLIED IN THIS EXERCISE CTR = % of customers who click thru a link = No. Of clicks No. Of impressions TCR = Sum of total volume of bookings / No. Of clicks Take rate = probability Of booking = TCR * CTR ROA = Return on ad dollars spent = Net revenue/cost Q1. Which search engines produce the best marketing campaign results? In order to find which
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be countermanding my order of last month for our sales staff to stop shaving their bids and to bid full cost plus quotations. I’ve been trying for weeks to improve the quality of our business‚ and if I turn around now and accept this job at $195 or $200 or something less than $225‚ I’ll be tearing down this program I’ve been working so hard to build up. The division can’t very well show a profit by putting in bids which don’t even cover a fair share of overhead costs‚ let alone give us a profit
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unusual governance structure put the Hershey Trust’s board in the difficult position of making both an economic and a governance decision. On the one hand‚ the board faced a challenging economic decision that centered on determining whether the solicited bids provided a fair premium for HFC shareholders. On the other hand‚ the governance decision required the board to balance its fiduciary responsibility against the original mandate of Milton Hershey to support the Hershey School in perpetuity. The fiduciary
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promoted buyer that is paying close attention to details of her new job. Sue finds that the companies that have bided in this process are all within about $50 of one another. The strange thing about thus is not the fact that the bids are so close but that the winning bid is not low enough. How does she get her cost down even lower? Sue should focus on the startup costs associated with the chemicals. Based upon her discussions with other companies‚ sue should see a reduction of at least between
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