Case 3.5 Goodner Bothers Inc. 1. Internal controls should have included these controls; -Adequate security for the inventory -Better periodic verification of inventory -Segregated duties when it comes to inventory -Proper supervision for sales transactions and the procedures that they employ to record them -Proper authorization by management for inventory transactions 2. Internal control weaknesses - Lack of segregation of duties involving sales and recording -Security controls over
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ABOUT THE ORGANISATION Borders Group Inc. started in 1971 in the United States of America. The international bookstore chain set up their first store in Singapore in 1997 (Reuters‚ 2011)‚ bringing in a unique “library culture” practised by few others in the country as the company did not shrink-wrap their books‚ therefore customers were allowed to browse books freely (Trager Bohley‚ 2009). This stemmed from the belief that tactile pleasures derived from interaction with the new books would play an
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and Apple Computer‚ Inc. Case Analysis Dubinsky’s primary mistake was relying on her position and reputation rather than mounting an effective‚ persuasive‚ and fact-based argument. As noted by Jay Conger in The Necessary Art of Persuasion‚ today’s employees are not content to accept a decree from above and seek to understand the reasons behind a decision. She should have taken Jobs’ JIT proposal seriously from the beginning and‚ as soon as she heard of it‚ worked to make her case affirmatively using
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Assignment: Week 3 Case Study Central Transport‚ Inc Jason M Williams/3111448 23 March 13 TLMT441 Advanced Business Logistics American Military University Instructor: Roxanne Grosett Introduction Susan Weber‚ the new president and CEO of SAB Distributions has offered a new collaborated relationship to Jean Beierlein‚ president and CEO of Central Transport. Dramatic changes in the market have changed SAB‚ and it continues to get worse. SAB is losing the competitive advantage over
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Areas of Agreement 10 Areas of Disagreement/Concerns 11 Recommendations: 12 Lessons Learnt 16 References 17 Objectives (What do you think the author is trying to demonstrate or bring out in the case?) * A company’s competitive position and profitability can be improved through the use of Supply Chain Management System (SCMS) which if successfully implemented will lead to exemplary customer service. (Oz‚ 2009) * System requirements should be clearly defined and the necessary processes
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4.3 DATA FLOW DIAGRAM A data flow diagram is a graphical technique that depicts information flow and transforms that are applied as data move from input to output. The DFD is also known as Data Flow Graph or Bubble Chart. The DFD is used to represent increasing information flow and functional details. Also DFD can be stated as the starting point of the design phase that functionally decomposes the requirements specifications down to the lowest level of detail. A Level 0 also called a fundamental
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According to the study based on Livent‚ Inc.- An Instructional Case‚ The former senior management of Livent engaged in a multi-faceted and fraud accounting since eight years. As a further result of the scheme‚ Drabinsky and Gottlieb’s elaborated their Fraudulent Kickbacks‚ Fraudulent Manipulation of Livent’s Books and Records to accomplish in quarterly periods and meet the earnings which they provided to Wall Street analysts. Further more three Accounting Manipulations were found by transferring
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structure of the atom. Research‚ however‚ is expensive. Many people argue that the high cost of research outweighs its potential benefits. Provide one argument for‚ and one argument against increasing current funding for atomic structure research. Use specific examples from this lesson in your answer to support each position. (6marks) There are several benefits that we can gain from the development of MRI imagining technology. A common argument for continuing the research in atomic and sub atomic
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plans which are offered by the employer. However‚ making the right choice where and how to invest is a challenge‚ which shows that most people are not financial experts. Therefore‚ this final project seeks to determine whether investing in Google Inc. is a good plan for me. After all‚ the viability of my potential investment objective is critical. Furthermore‚ analyzing the profitability of an investment decision
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MEMORANDUM TO: Mayra Reid‚ Vice President of Production‚ Blue Inc. FROM: Market Analyst. DATE: April 23‚ 2011 SUBJECT: Final Sales Forecasts and Predictions. In response to Blues Inc. efforts to maintain a profitable business and maintain continues growth‚ the market analyst has evaluated the market and Blues Inc.’s financial information and made some decisions that will positively impact the forecasted sales of Blue Inc. The decision made by the analyst on the first week was to increase
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