...Veses, Kristopher Anthony M. July 9, 2011 MBA – 1 Control 1 Case 3: Santa Fe Art Gallery MONTH OF September Sept. 2 – Decrease cash by $3,000 Inventory $3,000 Cash $3,000 Sept. 5 – Gain cash by 2,500 and decrease in inventory Cash $2,500 Inventory $2,500 Cost of Sales $1,000 Inventory $1,000 Sept. 9 – Gain cash by 1,200 and give 5 percent commission on sales by to randy Cash $1,200 Inventory $1,200 Cost of Sales $600 Inventory $600 Sept. 16 – Gain Cash by $15,750 Cash $15,750 Inventory $15,750 Cost of Sales $8,000 Inventory $8,000 Sept. 22 – decrease cash by 3,250 for display cabinet Furniture & fixtures $3,250 Cash $3,250 Sept. 27 – Increase cash by 5,500 Cash $5,500 Inventory $5,500 Cost of Sales $2,000 Inventory $2,000 Sept. 28 – received deposit worth $200 Cash $200 Accrued sales $200 Sept 29 – Decrease cash by $1,010 General expense $810 Cash $810 Furniture and Fixtures $200 Dep. Expense $200 Sept 30 – Pat wrote a check to randy for the month of September for his commision NO ENTRY FOR THE MONTH OF OCTOBER Oct 2 – Increase cash by $6,500 Cash $6,500 Inventory $6,500 Cost of sales $3,000 Inventory $3,000 Oct. 5 – Decrease cash by $11,700 Inventory $11,700 Cash $11,700 Oct. 8 – Gain cash by $1620 Cash $750 Inventory $750 Cash $870 Inventory $870 Cost of Sales $300 ...
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...Juan Nicolás Pinto B. Trabajo individual Modulo 2 Fundación Santa Fe de Bogotá. El siguiente escrito pretende mostrar el entorno de la organización Fundación Santa Fe de Bogotá, apoyándose en las diferentes lecturas vistas en el modulo, y de igual manera poder analizar sus diferentes estrategias establecidas para mantenerse en el mercado con un alto prestigio. Como primera medida la Fundación Santa fe de Bogotá, es una entidad privada, sin ánimo de lucro, que trabaja en salud. Permanentemente busca la excelencia y genera conocimiento para contribuir a solucionar los problemas del sector y a mejorar la salud de las personas y de la comunidad. En la lectura “Managing in a global changing environment”, nos especifica que alrededor de una organización existe tanto el entorno especifico como el entorno general. Dentro del entorno específico, el cual son las fuerzas de los grupos de interés externo, que afectan directamente a la capacidad de una organización para asegurar los recursos, en la Fundación Santa Fe, encontramos sus clientes los cuales son sus pacientes y estudiantes. Sus competidores los cuales son las diferentes entidades de salud en Bogotá, por ejemplo la clínica El Country, la Clínica Reina Sofía entre otras. Sus proveedores, los cuales son aquellos que les suministran los diferentes equipamientos tecnológicos, en su mayoría provenientes de Norte América. Y por ultimo el gobierno el cual es aquel que le establece las normas y leyes a cumplir dentro de la comunidad...
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...About Hyundai Motor Company Established in 1967, Hyundai Motor Co. has grown into the Hyundai Motor Group, which was ranked as the world’s fifth-largest automaker since 2007 and includes over two dozen auto-related subsidiaries and affiliates. Hyundai Motor, which exported its first independently-made vehicle, the Pony, in 1976, now exports over one million high-quality vehicles ranging from sedans, SUVs, trucks and buses. In 2010, Hyundai Motor sold about 3.6 million cars worldwide, up 16.3 percent from 2009. Hyundai Motor, South Korea’s largest automaker, sold 659,565 cars in the Korean domestic market in 2010, reaching a market share of about 45 percent. Outside Korea, the company sold about 2.9 million cars in 2010 in over 186 countries through some 5,300 dealers. Global Operations Employing over 78,000 people worldwide, Hyundai Motor is implementing a new global policy aimed at localization. This includes product development, design, sales, marketing, and consumer services to satisfy local customers’ tastes as well as that of the global market. Currently Hyundai Motor has six overseas plants in the U.S., India, China, Turkey, the Czech Republic and Russia. The company will add a seventh plant by 2012, in Brazil. Hyundai Motor today has a combined global production capacity of about 3.91 million units a year (Korea Domestic: 1.86 million / Overseas: 2.05 million).Koo Korea Production Hyundai has three plants in Korea that have a combined capacity of about 1.86...
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...HYUNDAI MOTOR INDIA LTD Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently markets eight passenger car models across segments -- in the A2 segment it has the Eon, Santro, i10 and the i20, in the A3 segment the Accent and the Verna, in the A5 segment Sonata and in the SUV segment the Santa Fe. HMIL's fully integrated state-of-the-art manufacturing plant near Chennai boasts of advanced production, quality and testing capabilities. HMIL forms a critical part of HMC's global export hub, it touched 1.5 million in exports in March 2012. It currently exports to more than 120 countries across EU, Africa, Middle East, Latin America and the Asia Pacific. HMIL has been India's number one exporter for seven years in a row. To cater to rising demand the company commissioned its second plant in February 2008 having an installed capacity of 330,000 units per annum. To support its growth and expansion plans HMIL currently has 346 dealers and around 800 service points across India. In its commitment to provide customers with cutting-edge global technology, HMIL set up a modern multi-million dollar R&D facility in Hyderabad. The R&D centre endeavors to be a center of excellence in automobile engineering. Mission To create exceptional automotive value for our customers by harmoniously blending safety, quality and efficiency...
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...BOAZ Motor Corporation COMPANY BACKGROUND AND FINANCIAL HIGHLIGHTS Diamond Motor Group of Companies obtained a franchise right to market and sell Hyundai lines. This gave rise to the formation of its affiliate, Boaz Motor Corporation. They opened a shop along Marcos Highway bordering Pasig and Cainta. It was established and incorporated in August 28, 2006. During its early years, Boaz experienced net losses as a starting company and lack of sales manpower. This year marks the company’s largest income due to expanded customer base and significant increase in sales in its top-selling vehicles and among these are Grand Starex, Santa Fe and Tucson. OPERATIONS Basically, Boaz is engaged in selling cars, parts and providing vehicle services such as car repairs, diagnosis and maintenance. Hyundai Motor Company (HMC) in South Korea made Hyundai Asia Resources, Inc. or HARI, the official distributor of Hyundai vehicles in the country. HARI has thirty-two dealerships in the country and Boaz is one of them. The general setup between Boaz and HARI works like this. Boaz purchases vehicles from HARI through financing of major banks. HARI also gives its distributors subsidy for its monthly purchases so that Boaz can acquire and deliver more vehicles in the Philippines. Subsidies vary based on the model of the vehicles purchased. The acquisition of parts, however, is exclusively under cash basis. Apart from Hyundai Asia Resources, its other major suppliers are Pilipinas Shell, Karmelcon...
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...Narration Around 2 a.m. something woke Charles Hanson up. He lay in the dark listening. Something felt wrong. Outside, crickets sang, tree-frogs chirruped. Across the distant forest floated two muffled hoots from a barred owl. It was too quiet. At home in New Jersey, the nights are filled with the busy, comforting sounds of traffic. You always have the comforting knowledge that other people are all around you. And light: At home he can read in bed by the glow of the streetlight. It was too quiet. And much too dark. Even starlight failed to penetrate the 80-foot canopy of trees the camper was parked beneath. It was the darkest dark he had ever seen. He felt for the flashlight beside his bunk. It was gone. He found where his pants were hanging and, as he felt the pockets for a box of matches, something rustled in the leaves right outside the window, inches from his face. He heard his wife, Wanda, hold her breath; she was awake, too. Then, whatever, was outside in the darkness also breathed, and the huge silence of the night seemed to come inside the camper, stifling them. It was then he decided to pack up and move to a motel. Comments on narration: • Normally chronological (though sometimes uses flashbacks) • A sequential presentation of the events that add up to a story. • A narrative differs from a mere listing of events. Narration usually contains characters, a setting, a conflict, and a resolution. Time and place and person...
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...Case Citation: Santa Fe Independent School Dist. v. Doe, 530 U.S. 290 (2000) which Parties: Santa Fe independent School District, Petitioner Jane or John Doe individually and as next of friend for her/his minor child, Respondent Facts: The plaintiff consists of a number of current and former Mormon and Catholic students and parents who are pitted against prayer before each home football game. Santa Fe, the defendant, established a policy that sanctioned two student elections. One was held to decide whether prayers should be delivered before the games, and the second vote was to appoint a student prayer leader. Procedural History: The District Court modified the policy requiring prayer at the football games to be nonsectarian and non- proselytizing, however did not strike down the prayer all together. The Fifth Circuit Court of Appeals struck down the policy, even...
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...Growing to one of the most widely known and largest railroads around the country, the AT&SF’s expansion expended all the way to Needles, California in 1883, Los Angeles in 1885, Chicago, Illinois in 1888 and San Francisco in 1900. Eventually, the railroad would have roots planted in Louisiana and most, if not all, of Texas’ major cities. All of these major cities and the over 13,000-mile connection between them, lead to Santa Fe’s subsequent blossoming into a well-known and prevalent industrial icon in the early twentieth century. While the railroad itself was crucial to a growth in transportation, the trains that ran along the tracks were just as important. One such locomotive that played an important role, called the Chief, instantly drew the eyes of passengers in late 1926, which then eventually evolved into the Super Chief in the late 1930s, a new streamlined passenger diesel decorated with the legendary Warbonnet paint scheme. This specific train could reach up to ninety miles an hour carrying well-known figures within its chassis, which played a crucial part in its ability to reach LA from Chicago in forty hours. Inspired by the success of the Super Chief...
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...Introduction History shows that successful business has always found a way to properly embrace, implement, and manage organizational change. Organizational change as defined in our text “Managing Organizational Change” is when an organization seeks to make a transition from its current state to some desired future state. Managing this change is a process that requires proper planning, and execution, as to mitigate employee resistance, and to minimize financial loss to the organization. Today's organizational climate often mandates that companies undergo changes if they are to remain a competitive business force. Globalization and technology that is forever growing, force these organizations to respond in order to survive. Such changes may be from within the organization, at the executive level, or from the consumer perspective, as in the case of McDonald’s incorporation, and Hyundai Motors. In this paper I would like to focus on these two companies, both dealing with change within and outside the organization. Both companies embracing inevitable change, and both companies implementing “Images of Change” which will be discussed later. I will also compare and contrast the methods of change that each organization implemented, and how these changes has either helped or hurt their respective business. Evidence of Change Not even McDonald's Corp. has an iron stomach when it comes to the global economic downturn. The world's largest hamburger chain has thrived in boom...
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...Santa Fe Independent School District v. Doe, 530 US 290 (2000), Decided June 19, 2000 Question Presented: Does the Santa Fe ISD's policy allowing student-led prayer at football games violate the Establishment Clause of the First Amendment? Constitutional Provisions: Establishment Clause & Free Exercise Clause- 1st Amendment Facts of the Case: In 1995, the Does tried to put a restraining order on the ISD for violating the Establishment Clause at graduation ceremonies by allowing students to read Christian prayers from the stage. They also alleged that the ISD was encouraging students to join Baptist activities, berated those who held minority religious beliefs, gave out Gideon Bibles on school premises, and allowed students to read prayers over the public address system at games. The District...
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...Gathering Up Again: The Santa Fe Fiesta The Fiestas of Santa Fe are an important part of the New Mexican culture. Every year in Santa Fe, on the weekend after Labor Day, the city comes alive with the sounds and stories of the past. Mariachis perform on the Plaza, and the cries of “Que Vivá!” ring out. The Fiestas of Santa Fe have been celebrated every autumn for 297 years to commemorate the Spanish reconquest of the City of Holy Faith in 1692. The stories behind the founding of Santa Fe, the Pueblo Revolt, and the Spanish reoccupation are just a shadow of the vibrant cultural history that Santa Fe has. This documentary film highlights several aspects of the culture and the interpersonal communication of Santa Fe. All this exchange of information, feelings and thoughts lead to the process of socialization. There are a number of ways to contrast a group of cultures to another group of cultures. The following Principles of improving Intercultural Communication are ways to enhance a better communication with others when adapting to a new society, culture or a specific group. 1. Prepare Yourself: I believe this is a key point because it could be the start to reach the success at improving our Intercultural Communication. By preparing and educating ourselves, we will be more open mind and we will have different points of view to analyze things. If a person is adapting to a new culture the best way to do it will be that he or she learns something about it. For example, learn the...
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...Introduction Hyundai Motor Company was founded in 1967. It produced Korea’s first locally designed car in 1976, and now produces close to four million cars and commercial vehicles a year. Several articles about this company has been selected to present different management theories, particularly discussing their strategy and structure, that include SWOT analysis, Porter’s five forces model, related diversification and low cost strategy. The essay concludes with giving an overall picture about the impact of current strategies that Hyundai is adopting. SWOT Analysis SWOT analysis is a planning exercise in which manager identify organizational strengths and weaknesses, environment opportunities and threats (Waddell et al. (2011, p. 313).The one of the main strength of Hyundai is their growing brand reputation all over the world in automotive industry. In 2012, Hyundai’s brand value grew by 24% to US$ 7.43 billion and became the 53rd most valuable brand in the world (Interbrand, 2013). Another way of Hyundai increasing their competitive advantage, is through investing in product research and bringing the latest technologies into the system. The company has a lot of experts in various engineering fields who are always coming up with better improved cars and designs that are appealing to the customers. In addition, Company’s financial position has been getting better every year. Company’s credit rating was reported to AA+ for 2012 which means that there is minimum risk of investing...
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...HBR: THE FEMALE ECONOMY (Michael J. Silverstein and Kate Sayre) Background & Motivation - * Women represent the largest market opportunity in the world * Globally, they control $20 trillion annual consumer spending * As a market is greater than China and India GDP combined These few points made us to think about this topic and it seems to be very intersting as well in accordance with modern day marketing. Plan of our Research- We are focusing on the below points to research on this topic. * Introduction * Survey & Results * Target Industries * Best Practices for companies * Related Reference * Case Study * Proposal * Suggestions Related Reference Study- 1.Revisiting Dynamic Capability (An award winning essay by Adwaita Govind Meno) 2.The Female Economy: The Millinery and Dressmaking Trades, 1860-1930-By Wendy Gamber 3.Empowering Women is a smart Economics- IMF Review Article- http://www.imf.org/external/pubs/ft/fandd/2012/03/revenga.htm 4.The Rise of Female Economy in B2B- https://www.atkearney.com/marketing-sales/ideas-insights/the-rise-of-the-female-economy-in-b2b Case Study- HYUNDAI SONATA--- How the design of Hyundai Sonata revolved in last 20 years. Proposal- A travel Agency which is focused on the rise of female Economy. Anticipated Conclusion: * Men & women make purchase decisions differently * Women are different from each other * Women are the gatekeepers for the household * Brands...
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...# Homework 1 2012123098 Park Young Sang “Hyundai smokes the competition,” A. Taylor, Fortune, January 2010 (YSCEC) According to A. Taylor, what would be the success factors of Hyundai Motor Company? What do you think potential risks Hyundai Motor Company may face in the future? Brief Summary Hyundai immerged as one of the fast-growing and aggressive Car manufcturing Company in the world with a strategy of BenchMarketing, high incentives to the customers, quality enhacement and aggressive product developing. Hyundai, established in 1967, get high places in several surveys such as J.D. power’s products’ qulity after 30 days and also 3 years. Its speed of operations and boldness of decision making is considered as a reason of this drastic vault. And we don’t know for sure how this improvement could go because Hyundai faces many opportunity such as, promotion of ’Equus’ , lowered possibility of labor stoppage and many risks such as yet not much great brand image, and possibilty of mistake comes out of too much speedy decision making. Success Factors 1. Rapidness in monitoring, decision making and execution Along with throughful monitoring of company’s operations in company, Hyunda can capture and track the problem easily whereas other companys focus on innovation or consistency. That could be the way that Hyundai can handle the large company that has grown up in short life span. This rapid growthe can also be explained with speedy decision making process in Hyundai...
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...Marketing Research Designing a Questionnaire to Survey Santa Fe Grill Customers? Hands-On Exercise 1. Based on the research objectives, does the self-administered questionnaire, in its current form, correctly illustrate sound questionnaire design principles? Please explain why or why not. Yes, the questionnaire has illustrated correctly the design principles. It clearly identified the research objectives. All the questions are designed in simple words and easy to understand. They are designed in a proper order with sections. The rating scale is used in the questionnaire; this is easy for participants to make choices. 2. Overall, is the current survey design able to capture the required data needed to address all the stated research objectives? Why or why not? If changes are needed, how would you change the survey’s design? Yes, the survey design is able to collect required data, which is address all the stated research objectives. As mentioned in Question 1, all the questions are designed into different sections. Section 1 and 5 will help to collect the demographic profile. Questions in section 2 are about the customers’ perceptions to the restaurant, such as food quality, services, and environment. Section 3 is addressed to investigate whether these participants will return or recommend the restaurant to others. Section 4 listed four main factors (Prices, Food Quality, Atmosphere, Service) that customers may concern, and this section will collect the information about...
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