...fiscal period. The result tells us how much cash was left over or how short of cash the company was at the end of the fiscal period. Q. 2: Land: (1 Point) Nothing, as it is mentioned that the value of the land will not be significantly different after 5 years so there is no opportunity cost. The center can sale the land after 5 years. The cost has already been incurred so need not be part of current cash outflow Q. 3: Allocated Overhead: (1 Point) According to the with/without principle, these allocated costs are irrelevant because the Center will have to pay them even if the project is not undertaken .Further there are no incremental admin cost pertains to the project arise so no allocated expenses will be included in Cash outflow. Q. 4: Lost Current Revenue: (1 Point) Sales erosion should be counted as relevant cost only if they are directly related to the project. In this case the loss of sales will occur due to the new project and it is assumed that the sales erosion also increase at the same rate as sales. Q. 5: Market Research and Technical Feasibility Study: (1 Point) It is a Sunk cost as they are irreverent to the decision to invest. The Center has already paid for them. The with/without principle excludes sunk costs from the analysis of an investment. It should not affect the decision to start the new Center. Attach your completed spreadsheet and provide answers to essay questions on this sheet. Q. 6: Relevant...
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...Assignment 1 Critical Essay Introduction: This essay will attempt to critically explain how the poor economic climate in the UK might affect the marketing mix of a start-up retail venture in the high street. This essay will walk through the processes of starting a retail business venture in the high street and discuss how the economy and the marketing mix directly effects each step. To do this it will be vital to explore the current economic climate and what a poor economic climate means? A definition of a poor economic climate “a recession is a decline in growth, domestic product for two consecutive quarters and a depression as a prolonged recession resulting in falling prices, reduced purchasing power, excess in supply, unemployment, and a general reduction in business activity” (Downes,j.,& Goodman,J.E.(1995).Dictionary of finance and investment terms Hauppage,nj:Barron’s educational series) This has been the case for the UK since 2007 as we are in what is known as a double dip recession narrowly escaping a triple dip recession. (BBC News 2013, http://www.bbc.co.uk/news/business-22290407) This downturn indicates that the UK is indeed suffering from a poor economic climate having the effect of less spending and so less trade occurring in the local, regional, continental, or global marketplace. How this relates to a start up venture in the high street has both negative and positive effects. To look at each of these effects it is best to look at the entire...
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...8/29/2015 Scholarship Opportunity Home | Contact | TShirts On Sale | Tracking | Cart | Site Map | Search Search Cart Summary Search Shop By... All TShirts Basic TShirts Sweatshirts Hoodies Polo/Golf Shirts Ladies Apparel Athletic Apparel Athletic Shorts Youth Apparel Hats Accessories Recently Added On Sale Now! Scholarship opportunity for students looking to love their careers! Make plans now to love your career. Scott Jones, founder of JonesTshirts.com is a firm believer in the importance of loving your career. It affects every aspect of your life. Your family can see a difference when they know that you don't dread going into work everyday. You're happier and those around you are happier. It's important to start thinking about this concept early, especially while in college. Items: Subtotal: 0 $0.00 Recently Viewed Items Email Updates Click here to sign up for email updates and discount codes. Who Can Apply? Any student who will be enrolled in a college or University at the time of the next deadline (see dates below). This scholarship is limited to students attending school in the 50 U.S. states. Upcoming Deadlines Monday September 7, 2015 Please follow these steps EXACTLY as outlined below to qualify for review. (Essays that ignore these simple requirements will be ignored) 1) Essay Outline Requirements Write a 500 to 1000 word essay outlining at least 3 steps that you plan to take in the next year ...
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...Grades for essay questions, and comments from your instructor, are in the "Details" section below. | Date Taken: | 4/24/2014 | Time Spent: | 3 h , 29 min , 44 secs | Points Received: | 290 / 300 (96.7%) | | Question Type: | # Of Questions: | # Correct: | Multiple Choice | 10 | 8 | Short | 4 | N/A | Essay | 8 | N/A | | | Grade Details - All Questions | Page: | 1 2 3 | Question 1. | Question : | (TCO A) Which is not true with respect to spot market liquidity? | | | Student Answer: | The more willing buyers and sellers there are, the more liquid a market is. | | | If a currency is illiquid, an MNC is typically able to quickly purchase that currency at a reasonable exchange rate. | | | A currency's liquidity affects the ease with which an MNC can obtain or sell that currency. | | | The spot markets for heavily traded currencies, such as the Japanese yen, are very liquid. | | | | Comments: | | | | Question 2. | Question : | (TCO A) The U.S. dollar is not ever used as a medium of exchange in | | | Student Answer: | any Latin American countries. | | | industrialized countries outside the United States. | | | Eastern European countries where foreign exchange restrictions exist. | | | None of the above | | | | Comments: | | | | Question 3. | Question : | (TCO B) Because there are a variety of factors in addition to inflation that affect exchange rates...
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...Excello Telecommunications October 4, 2014 ETH/376 Katherine Parks Excello Telecommunications has been profitable for many years, but recently has been faced with increased competition for its products by overseas manufacturers. For the first time in the company, it appears that earnings estimates will not be met. Management is concerned about the effect on bonuses, stock options, and the share price of Excello stock. When Terry Reed, the CFO, learns of a transaction on December 20, 2010, that might solve the problem. On December 20, 2010, Excello sold $1.2 million of equipment to Data Equipment Systems. Typically, this type of transaction would be recorded as a sale on the date of shipment. However, the customer requested that Excello hold on to the product until January 11, 2011, because Data Equipment lacked the warehouse capacity to hold the product until then. The firm must adhere to all the laws and other regulations as set. Among the regulations include Generally Accepted Accounting Principles (GAAP), Sarbanes-Oxley Act of 2002 (SOX), and AICPA code of conduct. The rules impact the mechanism, of financial reporting in the company and also help sin the actions of major principles of accounting. As a result of this, the accounting team must ensure they get the best method that will help in maximizing g the wealth of the shareholders. Albeit the earnings estimates could be gotten through the adoption of illegal treatment of accounting books, it would not be of more...
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...So far, it is the largest British retailer in term of sales and market share with, according to Thomson one banker, a total net income of £ 2,161.00 for the year 2009. It is also the third largest global retailer group in term of revenue after the American group Wal-Mart and the French group Carrefour. With a main activity of food global retailer, it has diversified his activity into clothing, home, financial services, car insurance, health, telecoms and internet services and software. However in this report we are focusing on its clothing unit which operates online. So to better know this Tesco clothes retailing, this report will bring an overview of the company and will analyse its current strategic position, the same as its fitness with the other business units. This report will also analyse the Tesco clothes retailing’s macro environment, the competitive environment, the strategic capability and also the future strategic options. Tesco clothes retailing’s brief overview: The Tesco clothes retailing company is among the biggest clothing retailer by volume in the United Kingdom as it was ranked at the third place in 2008 and had to juggle this place with Asda Direct online retailer behind Mark & Spencer and Primark (Hall, J.). Tesco clothes retailing is committed to bringing a wide range of clothes to men, women and kids. Its website has grown very fast and sales have risen by nearly 47% in 2009 compared to sales at the same period in 2008 and Asos.com retailer which...
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...Nowadays, with the advances in new information and communication technologies, there has been a trend toward spending a lot of time in virtual communities and online social networks. We define online social networks as web-based communities that provide service for participants to build up their own profile in this system, to share information and views of points, and to communicate with friends or strangers by utilising some virtual tools (Furht, 2010). It is of great significance to discuss the influence of social-networking websites on customers, since this may help companies to formulate reasonable marketing strategy and boost sales. This essay will explore how those virtual social networks affect people when they make buying decisions. It is undeniable that social networking sites have an enormous impact on consumer decision-making, since they help to stimulate consumers’ potential needs and purchasing desires (Baskin, 2010). Many companies take advantage of sophisticated media technologies and promote their products on online communities in the form of texts, pictures and videos. Consumers can have a better understanding of the products and therefore grow interests in these products (Hua, Mei& Hanjalic, 2011). This is particularly the case for those customers who do not have a clear purchasing intention and are likely to buy a product on impulse; they are more likely to be attracted by what businesses post online and be motivated to buy. Another point to...
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...operates more than 3,500 discount stores, Supercenters and Sam's Clubs in United States and over 1,170 stores in major countries around the world. The company also sells products online via the website, www.walmart.com. Wal-Mart is one of the largest private employers in the world, with the use of force about 1.28 million. The founder, Sam Walton (Walton) has always focused on improving sales continue to reduce costs, adopting efficient distribution and management systems and logistics innovative information (IT). According to analysts, Wal-Mart has been able to achieve a leading position in the distribution, following effective management of the supply chain practices. "Consumers who shop at Wal-Mart want a quality product at a great price," says David Schwartz, CEO of Framingham, MA-based Productive Environments, Inc. (PEI), a licensor of stationery products. "But at the same time, they need better products just as much. They will know a good price value when they see it. It is expected that programs that build this value-added into their brand will sell up with increased margins and strong volumes." A key strategy of Wal-Mart is to dominate the retail market. Company founder Sam Walton put in place a retail philosophy the company still follows. Wal-Mart is primarily a discount retailer because they sell their products at the lowest possible prices. By selling at the "lowest price" Walton outlines that the essence of successful discount...
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...ACC 563 Quizzes and Exams – Perfect Score Guaranteed Follow the link below to purchase Solutions http://www.hwmojo.com/products/acc563-quizzes-and-exams We have all assignments, Cases and Exams for ACC 563 and many other classes. Email us support@hwmojo.com All Quizzes, Midterm Exam, Final Exam Solution Instant Download Chapter 1 Multiple Choice: 1. Which of the following bodies has the ultimate authority to issue accounting pronouncements in the United States? a. Securities and Exchange Commission b. Financial Accounting Standards Board c. International Accounting Standards Committee d. Internal Revenue Service Answer 2. What historical evidence of the business operations of the private estate of Apollonius was discovered early inthe20th century? a. The Iliad b. Plato's Republic c. The Zenon papyri d. Pacioli’s work, Summa de Arithmetica Geometria Proportioni et Proportionalita, Answer 3. Who has been given credit or developing the double-entry system of bookkeeping? a. Francis Wheat b. Fra Luca Pacioli c. A. C. Littleton d. William Paton Answer 4. Which of the following was not a criticism of the development of accounting standards by the Accounting Principles Board? a. The independence of the members of the APB. The individuals serving on the board had full-time responsibilities elsewhere that might influence their views of certain issues. b. The structure of the board. The largest eight public accounting firms...
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...dependent on each other for its survival and growth, a single demand for a B2C product such as a car gives rise to millions of B2B market demands such as aluminum, leather, steering systems, engines, etc (derived demand). Furthermore a failure in one market will have significant detrimental impact on the other. This essay however aims to identify the differences that exist between the two markets and how multinationals such as Hewlett-Packard (HP) implement separate marketing strategies based on the distinctions that exist within the market and their consumers. PRODUCT DIFFERENCE (standardized vs. complex) Hewlett Packard (HP), famous for its laptops, desktops and printers and storage devices sells its products in both markets. The B2C market it operates is more standardized and less complex that its B2B counterpart. Large groups of individual customers exist whose specifications for the products are more or less similar. So HP’s products to cater to them are usually mass produced to meet the needs of the clients with little or no modifications. B2B markets have mammoth sales figures in comparison to the B2C. Unsurprisingly a lot of HP’s revenue come from sales to government’s and other institutions and companies who buy in bulk. HP manufactures specifically designed products to cater to the detailed...
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...further, brand is a name or symbol of one company's product and it is connected with advertising, price and quality. Also, it will be the necessary one of the factors to consider when some people buy clothes. The famous advertising copywriter and ad agency founder Ogilvy, (2007) definition of a brand "The intangible sum of a product's attributes: its name, packaging, and price, its history, reputation and the way it's advertised". Which means the price is a part of the brand, exist a very close relationship between price and brand. The purpose of the essay is to discuss whether or not brand is more important than price when people buy clothes in China. To achieve this purpose, I will choose China to analyze customer shopping behavior, psychology through provide examples to support brand is more important in the first part, in the second part I will give views to analyses price also a necessary role and conclude in the end. However, this essay focuses on business and marketing so I cannot write more about psychology. With brands development, design style and visibility are more important than price especially when people buy clothes. Designer is the heart of a clothes company which means his/her products present the trademark style of the companies. Currently, more people want to choose and try a different style. For example, some teenagers or singers, actors like to wear punk style clothes so Vivian Westwood, Mastermind Japan and MC Queen are some of choices because those brands'...
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...Introduction People will create and collect information everyday to learn, understand and make decision (Kaye, 1995). However, it appears in variety of platforms, for example, television, website, social media, high street and magazine etc. In 2005, Student Beans (The Beans Group, 2014) established an platform that integrates all the useful information and resources for university students in the UK. It is a hub in the internet for students to search for discount, jobs, articles under the aim of ‘making student life a little more awesome’. Recently year, there are more incoming challengers like UniDays and Student Money Saver founded in 2011 and 2010 respectively. The competitiveness of these information hubs has been increasing. This essay aims to generate a situation analysis for Student Beans (SB) in terms of macro environment, marketing environment and microenvironment. 2. Macro Environment Analysis According to (Baines, Fill and Page, 2008), external environment is explaining the elements do not affect the companies or organizations, usually in a long-term basis. Moreover, these elements are out of companies or organizations’ control. Although the elements in external environment are out of control, it is crucial to SB to examine and evaluate. Hence, PESTEL will be the tool to examine the external environment. 2.1. PESTEL framework PESTEL framework is defined as political, economic, social, technological, ecological environment and legal. Political ...
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...Introduction In this report included a marketing plan for our organization so that the marketing performance gets to improve. The marketing processes which can helps company to have a more understanding about the market are going to discuss in this report. Besides, benefit and cost of adopting a marketing orientation and the marketing environment which influence the marketing decisions are also included in this report too. Other than that, the segmentation criteria of the company are also suggested in this report. We will know about the targeting strategy and buyer behavior from this report after our analysis. Lastly, we would like to suggest a new positioning strategy for our company too. (Urmi Saha, n.d.) KFC, Kentucky Fried Chicken is the largest and the most famous brand quick service restaurant of the fast food in Malaysia. In Malaysia, the first KFC restaurant was opened at Jalan Tunku Abdul Rahman in 1973. (Center Blog, 2009) Today there are more than 500 KFC Restaurants across the nation and still counting. At first KFC utilized stove-top secured cooking pots to broil its chicken. In the 1960s, the formally recommended model was the L S Hartzog created "KFC 20-Head Cooker" which cost $16,000. The Hartzog model had no oil filtration framework, implying that filtering must be done physically, and the pressure fryers occasionally exploded, this always hurt their employeees. In 1969, innovator and engineer Winston L. Shelton built up the "Collectramatic" pressurized fryer...
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...outcome only (profit), but also for the customers' expectations that will pamper their expectations. And also because Etisalat is newly started in Egypt, therefore it has to exceed customers' expectations and to beat the strong competitors in the same region (Vodafone and Mobinil),which are competing themselves by more offers, discounts and new services to delight their customers.Etisalat also needs more attention from the people in the region to attract people to it, so it makes a lot of advertising and also attractive advertising; to attract customers to Etisalat from all around the areas where its services are able to reach. 3. People Orientation: • People orientation in Etisalat is high. People working in Etisalat, work under one condition which is to achieve the organizational goal (satisfy the customer needs with lowest cost and price possible). Also there are many other factors affecting the people working in Etisalat Company, such as a suitable working environment, which has a big role in making the employees work efficiently and friendly with each other. Also salaries earned by the ope operating staff is a factor of great importance that greatly affects people orientation in the company, because salaries are not suitable, chances of employee's efficiency to decrease is likely high. The third important factor is the Incentives that employees get provided with. Incentives must be high in order to encourage staff to work. These factors are all achieved by Etisalat in order...
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