...Week 7: Case Studies Research Michael Abernathy 11/24/15 AMBA 610 The Facts The circumstances in the case of Stella Lieback v McDonald’s Restaurant consist of a hot coffee burn incident. Stella Lieback a 79- year old woman from Albuquerque, New Mexico visited a drive-through McDonalds. The incident took place on February 27, 1992 as a passenger in her grandsons ’89 ford probe, a vehicle with no cup holders. The case of Roy L. Pearson V Chung better known as the “pants lawsuit” which was a civil case filed in ‘2005. Pearson sued a D.C. dry cleaning establishment by the name of Custom Cleaners, for over $67 million for the loss of a pair of pants. The facts in the case state that the plaintiff left a pair of gray pants that probably could be extricated by a trio of belt loops on both sides of the front waist band. It appears there was a delay in providing the clothing due to plaintiff stating that the pants returned to him weren’t those submitted for service. As a result of the dispute the recourse taken by Custom Cleaners was to provide records and tags with proper documentation belonging to Pearson to resolve the issue at hand. Monetary play of $1,000.00 was the move Pearson made to Mr. Chung in order to rectify the dispute with the cleaners. This led to a refusal by the cleaner owner and Pearson filing a suit in the District of Columbia’s Superior Court. The Issues Presented The issues identified in case are third -degree medical burns from the coffee...
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...Date: 06 - 12 - 2016 To: Jenny Taylor, president of Taylor Company From: Kai Tow, CPA Re: Case Assignment Facts: Taylor Company agreed to exchange 100,000 shares of stock in Taylor Company for land and a building with the market price for the land and building at $900,000 in order to expand the Company. Issues: 1. Does a privately-held company transaction need to be held at fair value? 2. How to record the transaction of land and building for shares? Conclusion: 1. According to paragraph #820-10-30-2 and #820-10-50-2F of the FASB Accounting Standards Codification (ASC), Taylor Company does not need to report the transaction at fair value since a nonpublic entity company does not have to sell assets at the prices they paid to acquire them: Building and land $100,000 Company Shares @ $6.00 a share $100,000 2. According to paragraphs #820-10-30-2 and #820-10-50-2F of the FASB ASC the fair value cost does not need to be reported; however, the transaction does need to be reported in the financial statements (Income and Balance sheet). Reasoning/Support: 1. The following paragraph of the FASB ASC provides authoritative guidance for determining Faire Value Measurement. 820-10-30-2 When an asset is acquired or a liability is assumed in an exchange transaction for that asset or liability, the transaction price is the price paid to acquire the asset or received to assume the liability (an entry price). In contrast, the fair value of the asset or liability...
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...Online Assignment Help For Students Search SKIP TO CONTENT MBA FM MODULE ASSIGNMENT 2 MAY 8, 2014 ADMIN Write a report for the New Heritage Doll Company on which new product they should adopt supporting your argument with full workings. This is an individual project. New Heritage Doll Company Report INTRODUCTION New Heritage Doll Company is a firm that has ventured into Doll production which has sought to extend its brand in order to broaden its market framework and more importantly capitalise on high levels of customer loyalty. The vice president of the Company, Emily Harris is to forward her project proposal to the Budgeting Committee for evaluation. The Vice-president’s objective for proposing the project stood out based on potential to strengthen the Company’s division of production and to drive future growth. Emily Harris has to produce a compelling project to avoid the committee to decline the proposal. Basis of assessment There are two projects between which the company will have decision option to accept or drop the proposal. The method of project evaluation would be based on discounting cash flows (DCFs) and thereafter determining the Net Present value (NPV) of each of the proposed project. The project proposal with the positive and highest NPV would be acceptable for investment. If the project has a positive NPV suggests that such a project is generating more cash than is required to service the debt and to provide the appropriate returns to...
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...The case study research methodology has been selected to conduct the inquiry into this phenomenon. The case study approach was advanced by noted American University scholar-in-residence Robert K. Yin; he is renowned for his work in this area. Yin (2009) explains that this empirical inquiry facilitates exploration of a contemporary phenomenon in depth within its real-life context using a variety of data sources. He instructs that this research design should be considered when: (a) the focus of the study is to answer “how” and “why” questions; (b) you cannot manipulate the behavior of those involved in the study; (c) you want to cover contextual conditions because you believe they are relevant to the phenomenon under study; or (d) the boundaries...
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...Business Research Case Study QNT/565 April 1, 2013 Subas Nandy, Ph.D. Business Research Case Study The following business research case study is decision-making within the workplace of a new supervisor. Because of the closing of the workforce center that Frances Holden was working, she was relocated to the Northeast location where her El Paso area supervisor, Mano, resides. Frances could not relocate to the new yet until the expansion is completed. On February 22, 2013 Frances and her coworker, Jimmie, was relocated to the Northeast workforce center. The plan was for Frances to work at the center for two weeks, have her knee surgery, and by the time she return back to work she will be able to relocate to the new center with her supervisor and coworker. During her two weeks at the Northeast center, Frances noticed the change in operation and the unethical way the previous supervisor, Frank, was giving himself credit for clients he did not see. The work study staff was seeing the clients and providing them job referrals. Frances first day working, a work study gave her a piece of paper of what he did with a client such as job referrals. Frances politely inform the work study that she could not enter services into the computer if she did not see the client. Frances observed that Frank (he was the only one working at the center until more staff came onboard) did not start seeing clients until 9:00 a.m. and not after 4:00 p.m. The staff were taking anywhere between an hour to...
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...Case Study - Research in Motion (RIM) Summary "Research in Motion (RIM) is the company behind BlackBerry, the best-selling smart-phone brand in the United States. Today, the company is credited with launching the handheld smart phone craze and the obsession with 24/7/365 access to e-mail and the Intranet" (Kotler & Keller, 2012). In 1997 RIM went public and two years later they introduced the BlackBerry. After September 11, 2001 BlackBerry became known and popular due to the government using the product. Analysis RIM focused on a strategy of building the BlackBerry brand as the most reliable, secure, and efficient data device solution on the market. RIM continued to create and provide new generations of Blackberry's that featured: longer-lasting batteries, improved wireless Internet access, an organizer, calendar, and pager. "It took five years, but in 2003 RIM sold its one millionth BlackBerry. Only one year later it sold its two millionth device, and the BlackBerry's growth exploded. In 2005, PCWorld named the BlackBerry 850 the 14th greatest gadget of the past 50 years, and between 2006 and 2008, Fortune dubbed RIM the fastest-growing company in the world." (Kotler & Keller, 2012). By RIM creating BlackBerry, they changed the way communicate, worked, and lived. What the company did well and made them unique was the end to end solution; it developed and produced the hardware as well as the software and services that made BlackBerry work. "RIM successfully targeted its...
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...Introduction to Criminal Justice 100-105 Case Study Research Paper DRUG DISTRIBUTION March 09 2014 Introduction In today’s world many people are convicted for lots of different crimes and face the consequences for those crimes. For example, Unless a longer term of imprisonment or death is the prescribed penalty and notwithstanding any provision that establishes a shorter term of imprisonment, a person who has been convicted of committing or attempting or conspiring to commit any violent or aggravated felony and who has previously been convicted on separate occasions of two or more violent or aggravated felonies not committed on the same occasion shall be sentenced to imprisonment for life and is not eligible for suspension of sentence, probation, pardon or release on any basis except that the person may be eligible for commutation after the person has served at least thirty-five years. Also a person convicted of a first or second offense for the personal possession or use of a controlled substance must be placed on probation unless the person is also convicted of a violent offense. Incarceration may not be imposed as an initial condition of probation for a first offense. If a person convicted of a first offense is found to be in violation of probation or an act in violation of an order of the court related to drug treatment, the person may be incarcerated upon reinstatement of probation. Participation in an appropriate...
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...Grace Lau December 18, 2014 Page 2 Conclusions and Recommendation Based on our research and facts provided to us, the consulting bill of WesternGraphics and staff salaries should be expensed as either incurred or when the first time the marketing project starts (FASB ASC 720-35-25). You could capitalize the costs incurred only if the costs qualify as direct response advertising. According to FASB ASC 340-20, direct response advertising costs are intended “to elicit sales to customers who should be shown to have responded specifically to the advertising and that result in probable future benefits”. Although there might be future benefits resulting from marketing strategy, the company didn't create any tangible or intangible asset. The slogan created by WesternGraphics has been rejected and no asset has been created on the company books. In our opinion, the consulting fees and staff salary didn't create an asset either. Since the company operates in a highly competitive industry, it’s uncertain whether the company will derive future benefits from marketing strategy. The asset is unidentified and generally such costs should be expensed. Although the company created the game (an asset), the consulting fees and staff salaries incurred do not qualify as production costs to be capitalized. According to FASB 985-2025, only costs “of producing product masters incurred subsequent to establishing technological feasibility shall be capitalized. Those costs include coding and testing...
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...BACKGROUND Omega Research is a rapidly growing research and consulting firm. They have a single main office located in Reston, VA and three small branch offices located in San Diego, CA, Salem, OR, and Kansas City, MO. Omega is not currently involved in e-commerce or business-to¬business relationships. Two weeks ago, Omega experienced a significant loss of proprietary data (estimated value $550,000.00) that was stored electronically in an Oracle database in their main office in Reston. The data was unrecoverable and backups were not being routinely maintained, so no restoration was possible. Although he has no hard evidence, Omega’s CTO believes that the loss resulted from deliberate deletion of files by a systems administrator from the Kansas City office that had been “let go” several weeks prior to the loss. Needless to say, the CTO has been tasked to “get things under control.” You have been hired as a consultant to develop a comprehensive plan for improving the company’s recovery posture in order to prevent future outage of Omega’s critical systems and network resources. Your guidance and observations will eventually be used to develop a long-term procedural and policy solution for Omega Research. The CTO has stepped up to the plate and made the commitment to do whatever it takes to address these issues. Baseline Network Infrastructure • Omega leverages AT&T Managed Internet Services for each of its office locations. • Omega owns and manages the border routers...
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...extraordinary weight the opinion of outside consultants carries with key influential decision makers. A Forbes magazine article on the topic says, “It really is often about being able to say “XYZ Consultants Inc recommend we do this” as that carries more weight in the internal arguments than “I say we do this” (Worstall, 2012). As a manager at a life insurance company, there a a number of things I would be looking for in the business report I received from the consulting firm I hired before I deem their findings valid. I would first need to understand the intent of the research contained in the business research report. For instance, I would view the findings from one point of view if my company has historically been realizing degrading performance in the area of customer satisfaction, versus if our performance in this area is considered the best in the industry. Having a firm sense of the exact problem statement the research completed is trying to solve will be vital to my ability to best interpret and utilize it. Additionally, I would look for would be to...
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...INTERNATIONAL PURCHASE MANAGEMENT ASSIGNMENT ON GLOBAL SUPPLIER RELATIONSHIP MANAGEMENT SUBMITTED TO: PROF.KAVITHA.TC SUBMITTED BY: VENKATESH REG: 141202052 INTRODUCTION GLOBAL SUPPLIER RELATIONSHIP (SRM) is a discipline or set of strategic planning and managing with relation to the third party organization which supply goods / services in order to maximize the profit and reach the organization goal. Global supplier relationship is under the broad category of supply chain management. As the business is global , market for the manufacturer has been extended to domestic to global, increase in the market demand and the availability of the resources / delivering the material in time with lower cost is been a primary objective of majority of the company in today competitive market . the organization have realized the importance of supplier relationship A organization which has good relation with its supplier can again a competitive advantage over their competitors, good relationship with the supplier needs a long term trust to get build up. “Competitive advantage is increasingly a function of supply chain efficiency and effectiveness.... the greater the collaboration, the greater the likelihood that an advantage can be gained.” (1) (Lamming) LITREATURE REVIEW A manufacturing company in Iraq trying to figure out the problem and decrease the lead time of suppliers, they have...
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...Research Case Study: Vodafone's Youth Market | | INTRODUCTION This case study will explain how the highly competitive telecommunications market lead Vodafone to set up an on-going 'panel' of respondents to give them a greater understanding of the youth market. THE CLIENT Vodafone is probably the biggest success story of the telecommunications market, becoming a household name with a penetration of 29% (TNS Telecoms panel Q3 2001) of the mobile phone market. Vodafone's media and planning agency, OMD UK plays an important strategic role in terms of researching the commercial market. THE CHALLENGE Operating in such a highly competitive industry meant that Vodafone had to look at new ways of researching how it could best profit from the hugely competitive youth market. The youth market is defined as anyone aged between 16-24 years old. Currently 90% of all 16-24 year olds own a mobile phone in the UK, amounting to 6.1m people in the UK. THE SOLUTION OMD UK, along with 2CV Research, recruited a panel of volunteers who receive monthly questionnaires over a long-term period in order to build up a profile of habits, attitudes and opinions of the young Vodafone user. The panel is made up of 200 respondents, all of whom must have an email address and a mobile phone (this is 85% of the youth market), and is maintained by 2CV. Questions sent out every month cover a whole range of areas, not just telecommunications. The idea is to build a very comprehensive picture of...
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...Case study of Applied Research Technologies Incorporation The case study is about the Applied Research Technologies Incorporation, which is an emerging corporation in the field of technology. Company has built up its strength from mergers and acquisitions in the year of 1980 and 1990. As a result, in the year of 2006, the ART portfolio consist of 60 business units having major divisions of Industrial automation, Health care, HVAC (Heating ventilation and air conditioning) and Water management Division. Backbone of the business:- Innovative Culture:- The company success is based on the innovative environment and friendly culture for the entrepreneur mind people. The encouragement for innovative ideas can be idealized from the fact that company spends double money on supporting innovative ideas from the other industrial companies. This innovative culture comes from the top, because the CEO (David Hall) encourage employees to spend half day in a week in brainstorming, problem solving and experimenting which is referred as “tinker time”. According to the CEO, he likes to have meetings of managers and innovators so that new ideas emerged. According to him, it is the fact that you will not succeed every time but we should celebrate worthy attempts even they are unsuccessful. Knowledge Sharing:- Knowledge dissemination and sharing is also a promising picture that reflects the cooperative culture of the company. Experts of different department help each other in the successful...
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...INTRODUCTION An appropriate sample and correct methodology is necessary when conducting a research in marketing. To reach the desired sample, sampling size must be chosen carefully in order to avoid bias and increase the accuracy of data. To investigate this, we have a statement on size, “the larger the sample the greater the precision and reliability” (Chisnall, P. 2005, p99) and one on the sampling technique “Accuracy of relative techniques often refers to the correct identification of the target species and correct enumeration of the target species in each sample unit.” (Fleischer, S.J. and Allan,1980), which are to be proven correct from the conclusion of 3 articles that were analyzed. Looking at the sampling techniques used in the each article and their sampling size, the ideal number of sampling techniques for a research as well as the number of participants will be determined [ OR An appropriate sample and correct methodology is necessary when conducting a research in marketing. To reach the desired sample, sampling size must be chosen carefully in order to avoid bias and increase the accuracy of data. To examine the question of the ideal number of sampling techniques for a research as well as the ideal the number of participants, 3 journals were examined concerning privacy in e-commerce. An appropriate sample and correct methodology is necessary when conducting a research in marketing. To reach the desired sample, sampling size must be chosen carefully in...
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...Global Market Research Case Study Analysis The situation discussed in the case tells of an opportunity afforded Sperry/MacLennan Architects and Planners; the Canadian company was founded in 1972 as a one-man architectural practice and years since then they have become a very respected and profitable company in the field of architecture. It has been recorded in text that Aaker, Kumar & Day (2007) stated, “Eight market niches were identified for Canadian architects in the United States, one of which was educational facilities, in particular post-secondary institutions. This niche, identified as most likely to match S/M’s capabilities, is controlled by state governments and private organizations. Mitch Brooks, a junior partner in the firm, has plans to identify and evaluate other possible markets for S/M’s services as part of his October presentation to the board. Other parts of the United States, or the affluent countries of Europe, where recreational facilities are regularly patronized and design is taken seriously, might provide a better export market, given S/M’s string of design successes at home and the international recognition afforded by the Amherst facility design award.” (Chapter 3). Fortunately for S/M, things began to take a turn in the right direction when their persistence and faith was rewarded in 1983. Sperry won the competition for the aquatics facility for the Canada Games in Saint John. Sperry had gained renowned nationwide acknowledgment for its sports facility...
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