...EXECUTIVE SUMMARY The purpose of this case study is to identify and present the factors that contribute to Family Dollar’s success through quantitative measures of internal data, external data, and common sense assumptions. The study consists of several parts, each with a distinctive purpose: • Mission Statement – provides a description of what Family Dollar seeks to accomplish on a day-to-day basis and sets the standard for quantitative performance measures. • External Factor Evaluation (EFE) Matrix – outlines the opportunities and threats that could affect the company and rates Family Dollar’s current performance in addressing those factors. • Competitive Profile Matrix – outlines the success factors that are critical to the company’s continuity and rates Family Dollar’s performance as well as its rivals’ performances in addressing those factors. CASE STUDY FOR FAMILY DOLLAR STORES MISSION STATEMENT Existing Mission Statement To be a compelling place to shop for our customers; To be a compelling place to work for our team members; To be a compelling place to invest for our shareholders. Revised Mission Statement Family Dollar’s mission is to provide convenience and low prices for our customers (1), exceptional opportunities and incentives for our associates (9), and outstanding returns for our investors (5). Through our strategy of nationwide expansion (3), technological innovation in our logistics network (4), and energy reduction initiatives...
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...Assignment 1. The Case Study 01 article described Zimbabwe as experiencing “galloping hyperinflation “. According to your textbook, what is the definition of hyperinflation? |No |Author |Textbook |Definition | | | | | | |1. |Mishkin, Frederic S. |The Economics Of Money, Banking & Financial|Whenever a country’s inflation rate is extremely high | | | |Markets, ninth edition - Pearson |for a sustained period of time, its rate of money supply| | | | |growth is also extremely high. Indeed, this is exactly | | | | |which show that the countries with the highest inflation| | | | |rates have also had the highest rats of money growth. | | | | | | |2. |Ben S Bernanke |Inflation Targeting: Lessons from the |That high inflation is detrimental to the economy...
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...Case Study Introduction The Smith Family (TSF) is a national charity which supports disadvantaged children and families in Australia. It devotes to creating a better future for disadvantaged young Australians through providing education opportunity for them (TSF 2012). This case study aims to assess TSF’s strategic position using SWOT analysis. The analysis reveals that TSF holds strengths of comprehensive sources of funding and being able to provide transparent information. The popularization of social network and the future education reform plan may give an opportunity to TSF. On the other hand, TSF is weak in utilizing the funds efficiently and effectively. A cut in universities funding may be considered as a threat. The finding is that the strategic position of TSF is to offer long-term holistic support in education for children in need and what TSF is doing is in line with its strategic position. The second part of the case study will present detailed SWOT analysis and the last part is the conclusion. Analysis Strength TSF builds a strong partnership with corporation, foundations and universities and has comprehensive sources of fundraising. The annual report of TSF (2012) shows that TSF has more than 200 business partners, over 120,000 individual supporters, and is supported by government. TSF also runs an own Recycling Operation which can produce 2 million dollars annually. The extensive sources of fundraising give TSF a solid financial base with which they could easily...
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...Maggie Jo McMahon Professor Reese March 1, 2013 Abstract Abstract The purpose of this paper is to examine the laws standing in the United States that regulate who can and who can’t adopt, as well as to look at factors such as available funds, that can cause one to be unable to adopt. There are many factors that can affect one’s eligibility to adopt, such as marital status or sexual orientation; therefore there is an abundance of laws regarding adoption eligibility. Many of the laws standing today are rather old and haven’t been reexamined, but there are a number of states that are reevaluating their views on adoption regulations. States like California and New York, states with liberals and modern outlooks, are leading the pack in changing adoption standards. Whereas states like Kentucky and Mississippi, states with conservatives and traditional views, have refused to budge on certain regulations. However, all fifty states do share some commonalities. These include the requirements of a home study and a stable financial status. This paper will discuss all of these regulations, while also reviewing where each particular regulation occurs. Regulating Factors on Adoption in the US “We’re sorry, but you won’t be able to adopt a child with us.” A couple has just been told that their dreams of starting a family won’t be coming true any time soon. This couple, a young man and his wife, tried to have children for a long while before they found out it wasn’t possible...
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...* Quality of life - only the patient is really aware of what it is like to experience intractable (persistent, unstoppable) suffering; even with pain relievers. Those who have not experienced it cannot fully appreciate what effect it has on quality of life. Apart from physical pain, overcoming the emotional pain of losing independence is an additional factor that only the patient comprehends fully. * Dignity - every individual should be given the ability to die with dignity. Prolongation of dying - if the dying process is unpleasant, the patient should have the right to reduce this unpleasantness. In medicine, the prolongation of living may sometimes turn into the prolongation of dying. Put simply - why should be patient be forced to experience a slow death? Most physicians have received one or more requests to help a patient end his or her life prematurely. This module focuses on the skills that the physician can use to respond both compassionately and with confidence to a request, not on the merits of arguments for or against legalizing physician-assisted suicide (PAS) or euthanasia, but using solid clinical skills. To respond effectively, physicians must know the reasons why patients ask for assistance. Depression, psychosocial factors, and anticipated distress are common reasons, but current physical suffering can also be a factor. Physicians need to be able to assess the root causes of the specific request, make a commitment to the patient’s care, address each...
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...involvement and the mechanism to solve the problem via taxation. The paper starts pointing out an example of disruption of a utopic economy where a new entrepreneurial idea has come up. In this case, everyone wants the new product, but there is only one provider; therefore, the demand exceeds the supply and the entrepreneur ended up being richer that the others. This unequal redistribution of well-being started as a voluntary exchange, so there are two questions the author brings up, related to contribution of the entrepreneurial to the alteration of the public policy and whether or not this policy should remain unchanged. This is a reflection of what has been happening in the United States where the income has grown, but not in a uniform way across the income distribution, which leads to the question for policymakers to make taxation more progressive. The second issue in the paper is related to inefficiency as a result of inequality. Taking as example the Pareto criterion, no-one could possibly object, since there is a way of make people better off without making others worse off. However, the author also refers to Kaldor - Hicks criterion which states that inequality is inefficient in the sense of shrinking the size of the economic pie this is assuming that if the top 1 percent earns an extra $1, in some way, that reduces the income of the...
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...Assignment * Briefly describe (1-2 pages) the American Farmland Trust (AFT) Cost of Community Services methodology and illustrate the COCS approach from the Skagit County, WA case study. The American Farmland Trust Cost of Community Services methodology compares the ratio of expenditures to revenue for different land uses, which are used in municipal land-use planning. Land uses, from residential / commercial / industrial , agricultural / and open space, largely determine the different revenues and expenditures of the municipal government because they generated different amounts of revenue from being taxed at different rates. Expenditures also vary from municipal services because different services need to be provided per use like education, police protection, fire protection, roads, and other infrastructural uses. The basic methodology of CCS studies is to first partition land uses into three classes: residential, commercial / industrial, and agricultural / open-space. Expenditures and revenues from the municipal budget are then allocated to the three different land-use categories. Although the specific methodology for fiscal allocations differs among CCS studies, the final result is always a ratio of expenditures over revenues for each of the three land uses. For example, a residential ratio of 1.2 means that for every U.S.$1.00 of revenue raised from residential land uses, U.S.$1.20 of expenditures is spent on residential land uses. Studies then report a separate ratio...
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...(MG 181) Dollar General/Family Dollar Case Study 4/6/16 Walmart is the largest retailer in the world and is the second largest retailer, behind Amazon, in the United States. The majority of households in America shop at Walmart on a regular basis. However, Dollar General and Family Dollar have increasingly gained market-share over the years. Both stores are considered extreme value retailers. By definition, extreme value retailers are small, full-line discount stores that offer a limited merchandise assortment at very low prices. In 2005, Goodlettsville, Tennessee-based Dollar General had over 7,500 stores in 30 states and more than $7 billion in sales. The company has grown more than 20% each year for the last six years. In 2004, Matthews, North Carolina-based Family Dollar had approximately 5,600 stores in 44 states with more than $5 billion in sales. Both retailers are growing so rapidly that each are opening, on average, one new store a day. The typical Dollar General/Family Dollar customer is low-to-middle income young families, older customers on fixed incomes, ethnic groups and shoppers in rural and urban areas. These consumers frequently find good quality merchandise at competitive prices. The geographic breakdown of consumers who shop there is about the same as Walmart and Kmart. Approximately 25 percent of U.S. households shop at an extreme value retailer at least once a month. While Dollar General and Family Dollar are considered “dollar store”...
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...The Lindbergh Baby Case The Introduction to Criminal Justice Kaplan University By: Nekisha Thomas The Lindbergh baby case became very interesting story all around the world. As you know Charles Lindbergh made headlines flying across the Atlantic from New York to Paris. Charles married Anne and settle down in a small town in New Jersey with the son Charles Jr. On, March 1, 1932 the Lindbergh 20 month old son Charles Jr, was kidnapped from his crib. The three components applies to this case because the police was called; first officer on the scene was the director Norman H. Schwarzkopf. During his investigation he notice it had rained and a lot of evidence had been washed away but notice some ladder marks by the window sill. Jurisdiction matters had begun between the NYPD and the FBI. In the investigation everyone became a suspect starting with the Lindbergh Family. Even though the family was wealthy living in a mansion with fourteen rooms, a 100 feet aces that surround the family home and a staff of three, the cook, butler (Mr. & Mrs. Oliver, Elise Whatley who were in there middle ages, and nurse Betty Gow the person who normally put baby Charles to bed every night, she also discovered his disappearance. Investigator estimated that baby Charles Jr, was abduct between the hours of 8 o clock pm to 10 o clock pm. It gets more interesting as the case develop more leads concerning the kidnapping of baby Charles Jr. The kidnapper(s) place and ransom note on...
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...Innocent people have been wrongly convicted and executed because of flaws in the system. The solution should not be to abolish the death penalty, but to enhance it and make it just. There are ways of fixing its flaws and making sure that capital punishment is used as effectively and efficiently as possible. Ensuring that every defendant in a death penalty case gets a lawyer experienced with such trials will ensure that the correct decision is made (“Death Penalty Recommendations”). Also, improving crime labs would drastically decrease the amount of wrongly convicted people as it would ensure proper and correct evidence. Another recommendation would be to give jurors special instructions regarding the shortcomings of human evidence, “such as confessions given in police custody and eyewitness accounts” (“Death Penalty Recommendations”). These specific recommendations, if implemented, would make the death penalty as the perfect solution for vicious criminals. PERSONAL STATEMENT I previously did not have a lot of knowledge regarding the death penalty. I knew the basics; such as its costliness and the...
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...Howard Introduction The case study “Power Play for Howard” provides the negotiation process that occurred between super star basketball player Juwan Howard and both NBA teams, the Miami Heat and the Washington Bullets. The case study also summaries the tangible and intangible benefits, risks, and costs associated with the negotiations that occurred while Howard as a free agent. I. Issues in the negotiation A. Multiple offers 1. NBA Teams: Washington Bullets and the Miami Heat 2. NBA spending Cap 3. Miami Heat bids and offers 4. Washington Bullets bids and offers B. Team Loyalty 1. Juwan’s loyalty and commitment to the Bullets II. Bargaining matrix and issues. A. The bargaining Matrix include 3 parties; 1. Juwan Howard 2. The Washington Bullets 3. The Miami Heat B. Issues to cover: 1. Win/win matrix, as well as win/lose. Juwan Howard and one team can both win, if they win the signing process, making the other team the loser. 2. The paramount issue is 100 million dollars, which is only connected to the other issue of Howard remaining in his home state and team, if the monetary offer of both teams was the same. 3. The issue of home state and team would be the deal winner for the Washington Bullets. III. Interests A. Major interest 1. To obtain the most about of money for Juwan Howard. 2. To have an undefeated team. 3. To make a profit. IV. Limits and alternatives A. Limits 1. $100 Million over seven years is the goal ...
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...The nation’s child protection system (CPS) has historically focused on preventing maltreatment in high-risk families, whose children have already been maltreated. But, as Jane Waldfogel explains, it has also begun developing prevention procedures for children at lower risk—those who are referred to CPS but whose cases do not meet the criteria for ongoing services. Preventive services delivered by CPS to high-risk families, says Waldfogel, typically include case management and supervision. The families may also receive one or more other preventive services, including individual and family counseling, respite care, parenting education, housing assistance, substance abuse treatment, child care, and home visits. Researchers generally find little evidence, however, that these services reduce the risk of subsequent maltreatment, although there is some promising evidence on the role of child care. Many families receive few services beyond periodic visits by usually overburdened caseworkers, and the services they do receive are often poor in quality. Preventive services for lower-risk families often focus on increasing parents’ understanding of the developmental stages of childhood and on improving their child-rearing competencies. The evidence base on the effectiveness of these services remains thin. Most research focuses on home-visiting and parent education programs. Studies of home...
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...ENTERING THE ICE CREAM BUSINESS: A CASE STUDY OF KLEINPETER FARMS DAIRY John James Cater III, Nicholls State University Ken Chadwick, Nicholls State University CASE DESCRIPTION The primary subject matter of this case is strategic management for small business, specifically developing a new product and entering into a new competitive arena for an established small family business. Secondary issues examined include marketing strategy, human resource management, and operations management in the small family business. The case is appropriate for junior and senior level undergraduate courses. The case is designed to be taught in one class hour and is expected to require approximately three hours of outside preparation by students. The events described in this case are based on real world experiences. CASE SYNOPSIS Jeff Kleinpeter, fourth generation CEO of Kleinpeter Farms Dairy, has boldly led his family’s business into a new product/market area, specifically the production and distribution of ice cream. For nearly one hundred years, Kleinpeter Farms Dairy has served the south Louisiana area as the leading milk processor and distributor, but now the company has invested millions of dollars in a new, but related product. Jeff seeks to build on the loyalty and goodwill generated among consumers because of Kleinpeter’s excellent reputation for high quality milk products in the south Louisiana area. Kleinpeter appeals to local customers through cross-branding other Louisiana products...
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...Case Study Bernie Madoff’s Ponzi Scheme: Reliable Returns from a Trustworthy Financial Adviser By Denis Collins Denis Collins is a professor of management in the School of Business at Edgewood College in Madison, Wisconsin. His research interests include business ethics, management, and organizational change. Contact: dcollins@ edgewood.edu A [person] is incapable of comprehending any argument that interferes with his revenue. Rene Descartes Overview This case study is a chronology of the largest Ponzi scheme in history. Bernie Madoff began his brokerage firm in 1960 and grew it into one of the largest on Wall Street. While doing so, he began investing money as a favor to family and friends, though he was not licensed to do so. Over a period of fifty years, these side investments became an investment fund that mushroomed into a $50 billion Ponzi scheme. Bernie1 pled guilty without a trial on March 12, 2009, and was sentenced to 150 years in prison. Thousands of wealthy clients, philanthropic organizations, and middle-class people whose pension funds found their way into Bernie’s investment fund lost their life savings. What to Do? Bernie Madoff, at age 69, owned three very successful financial companies—a brokerage firm, a proprietary trading firm, and an investment advisory firm. On December 10, 2008, the brokerage and proprietary trading firms, managed by his brother and two sons, were performing as well as could be expected in the middle of a deep recession. His investment...
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...Abstract Chipotle Mexican Grill was founded by Chef Steve Ells in 1993, and today has restaurant in the United States, Canada, United Kingdom, Germany, and France. Initially Steve intended to open a fine dining restaurant after he graduated from the Culinary Institute of America, he did not have the start-up capital to do so. To build enough capital to fulfill his dream, Steve opened Chipotle Mexican Grill only to build enough cash to support his larger and more expensive plan for the fine dining restaurant. It wasn’t long before the restaurant experienced success and caught the attention of food service industry juggernaut McDonald’s Corporation. According to a May 2015 issue of Forbes magazine, Chipotle is valued well over twenty billion dollars (Parrish, 2007). Derived from the ancient Aztec Nahuati, the name Chipotle means smoked and dried chili pepper. The practice of cooking and serving naturally grown meat to their customers using organic ingredients supports the company motto of ‘Food with Integrity’. Chipotle Analysis Do you think CMG is a successful company? Defend your stance with research application. Chipotle Mexican Grill is most definitely a successful company. This is supported by the fact that it has grown from just one branch in Denver, Colorado into well over one thousand four hundred branches as of today in the United States. The company has opened sixteen branches just only in a span of five years. The company is capitalizing on its success and growth...
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