...company’s growth can no longer be funded by internal sources, so Larissa and Dan have decided the time is right to take the company public. To this end, they have entered into discussions with the investment bank of Crowe & Mallard. The company has a working relationship with Robin Perry, the underwriter who assisted with the company’s previous bond offering. Crowe & Mallard have helped numerous small companies in the IPO process, so Larissa and Dan feel confident with this choice. Robin begins by telling Larissa and Dan about the process. Although Crowe & Mallard charged an underwriter fee of 4 percent on the bond offering, the underwriter fee is 7 percent on all initial stock offerings of the size of East Coast Yachts’ initial offering (Ross etal, 2013). Introduction Although Crowe & Mallard charged an underwriter fee of 4 percent on the bond offering, the underwriter fee is 7 percent on all initial stock offerings of the size of East Coast Yachts’ initial offering. Robin tells Larissa and Dan that the company can expect to pay about $1,800,000 in legal fees and expenses, $15,000 in SEC registration fees, and $20,000 in other filing fees. Additionally, to be listed on the NASDAQ, the company must pay $100,000. There are also transfer agent fees of $8,500 and engraving expenses of $525,000. The company should also expect to pay $75,000 for other expenses associated with the IPO. Finally, Robin tells Larissa and Dan that to file with the SEC, the company must...
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...different aspects of the organisation’s overall performance. There are many different ways to recruit new talent to a company, all of which have pros and cons. Therefore recruiters employ a number of different techniques to search and obtain the best possible candidates from the multitude of interested employees. In this paper, the writer seeks to analyse common recruitment techniques which include advertising, head hunting, labour agencies, referrals, existing employees and e-recruitment. The key terms to be defined are recruitment and recruitment techniques. DEFINITION OF KEY TERMS Recruitment According to Beach (1987) recruitment is the development and maintenance of adequate manpower sources. It involves the creation of a pool of available labour from which the organisation can draw when additional employees are needed. Tyson and Fell (1996:28) define recruitment as, “the process of finding and hiring the best qualified candidate (from within or outside of an organisation) for a job opening, in a timely and cost effective manner.” Therefore, from the two definitions above, it can be said that the recruitment process involves analyzing the requirements of a job, attracting employees to that job at lower cost, ensuring that there are equal opportunity for employment for all potential applicants. The main purpose of recruitment is to ensure that a sufficient number of applicants apply for the various jobs in the firm and when required. Recruitment techniques are therefore the...
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...VALENTINOS PERSONAL INTRODUCTIONS AGENCY 1. VALENTINOS MISSION STATEMENT, THREE BUSINESS BENEFITS, SWOT ANALYSIS AND PESTLE ANALYSIS A. VALENTINOS The Valentinos Personal Introductions Agency is a well-established company that has been operating within the UK market since 1976 and with over 8 million single men and women in the UK between the ages of 18 and 64, and often living without the opportunity to meet potential partners, the company has been very successful. However the management of the organization have expressed a growing concern that is being felt regarding the 10 year old computer systems that are currently being relied upon and the negative affect that such outdated systems are having on the companies’ competitive advantage and market share within the UK. This essay will therefore seek to assess the value and importance of the computer system with regards to the competitive advantage of the company, the company culture, and the overall productivity of the organization. The essay will approach this question by firstly evaluating the strategic position of the company both internally, through the use of a SWOT analysis, and externally relative to it’s competitors and various other contingent factors to competitive advantage through the consideration of Porter’s 5 forces analysis model (Porter, 2008). The essay will then proceed to directly discuss the effects that the computer system has upon the Valuentinos organization culture and productivity levels before finally...
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...Current Regulatory Requirements and Proposed New Rules and Rule Amendments With Respect to Credit Rating Agencies....................................... 4 III. The Ratings Process................................................................................................. 6 A. The Creation of RMBS and CDOs ...................................................................... 6 B. Determining Credit Ratings for RMBS and CDOs.............................................. 7 IV. The Staff’s Examinations: Summary of Factual Findings, Observations and Recommendations .................................................................................................. 10 A. There was a Substantial Increase in the Number and in the Complexity of RMBS and CDO Deals Since 2002, and Some Rating Agencies Appeared to Struggle with the Growth................................................................................... 10 B. Significant Aspects of the Ratings Process Were Not Always Disclosed ......... 13 C. Policies and Procedures for Rating RMBS and CDOs Can be Better Documented ....................................................................................................... 16 D. Rating Agencies are Implementing New Practices with Respect to the Information Provided to Them........................................................................... 17 E. Rating Agencies Did Not Always Document Significant Steps in the Ratings Process -- Including the Rationale for...
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...California Teachers Association (CTA) the court has been asked to determine the constitutionality of imposing fair share/agency fees on non-union public sector members? Fees to which are stated to apply to the union’s collective bargaining agenda, in turn members and non-member reap the benefits of. But ****blah blah association to the unions beliefs**** The questions to be answered are: does the imposition of these agency fees violate a non-members First Amendment constitutional right to; both the right to speak freely and the right to refrain from speaking at all, if a constitutional right is violated is the violation justified by the added benefits enjoyed by the party whose rights were violated? A question not asked to the court but one that is important to answer is, what are the unions rights, are they being violated and how would a finding in favor of Fredrick effect the labor...
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...This Networking Agreement (“Agreement”) is made and entered into by and between ________________________ , a financial institution (“FI”) and Securities America, Inc. (“SAI”) and Securities America Advisors, Inc. (“SAA”) (collectively SAI and SAA shall be referred to as “Securities America”). FI and Securities America shall be collectively referred to as the “Parties”. WHEREAS, FI (which term shall include FI’s affiliates) is engaged in the business of commercial and consumer deposit taking and the provision of related financial services to their customers; WHEREAS, FI is interested in providing its customers and the public with access to securities brokerage services, insurance products and advisory services to be provided by a third party (the “Financial Services”); WHEREAS, SAI is a registered broker/dealer and insurance agency engaged in the business of offering, distributing and trading securities (“Brokerage Services”) and insurance products (“Insurance Services”) and SAA is a federally registered investment advisor in the business of providing advisory services (“Advisory Services”) through registered principals and representatives who are engaged by Securities America as independent contractors (a “Securities America Registered Representative” or, collectively, the “Securities America Representatives”); WHEREAS, FI is interested in having Securities America operate one or more Branch Offices under a Registered Representative’s supervision...
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...Business Law & Bankruptcy Assignment #1 New York State Department of State Division of Corporations, State Records and Uniform Commercial Code CERTIFICATE OF INCORPORATION OF Sandra’s, Inc. Under Section 402 of the Business Corporation Law FIRST: The name of the corporation is: Sandra’s, Inc. SECOND: This Corporation is formed to engage in any lawful act or activity for which a corporation may be organized under the Business Corporation Law, provided that it is not formed to engage in any act requiring the consent or approval of any state official, department, board, agency, or other body without such consent or approval first being obtained. THIRD: The county, within this state, in which the office of the corporation is to be located is: Tudorama, Inc. FOURTH: The total number of shares which the corporation shall have authority to issue, and a statement of the par value of each share or a statement that the shares are without par value are: 100, No Par Value. FIFTH: The secretary of state is designated as agent of the corporation upon whom process against the corporation may be shared. The address to which the Secretary of State shall mail a copy of any process accepted on behalf of the corporation is: 123 Main Street, New City, New Tutor 11111 SIXTH: The name and street address in this state of the registered agent upon whom process against the corporation may be served is: Sandra Seller, 123 Main Street, New City, New Tutor 11111 SEVENTH: The date the corporate...
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...Business Law & Bankruptcy Assignment #1 New York State Department of State Division of Corporations, State Records and Uniform Commercial Code CERTIFICATE OF INCORPORATION OF Sandra’s, Inc. Under Section 402 of the Business Corporation Law FIRST: The name of the corporation is: Sandra’s, Inc. SECOND: This Corporation is formed to engage in any lawful act or activity for which a corporation may be organized under the Business Corporation Law, provided that it is not formed to engage in any act requiring the consent or approval of any state official, department, board, agency, or other body without such consent or approval first being obtained. THIRD: The county, within this state, in which the office of the corporation is to be located is: Tudorama, Inc. FOURTH: The total number of shares which the corporation shall have authority to issue, and a statement of the par value of each share or a statement that the shares are without par value are: 100, No Par Value. FIFTH: The secretary of state is designated as agent of the corporation upon whom process against the corporation may be shared. The address to which the Secretary of State shall mail a copy of any process accepted on behalf of the corporation is: 123 Main Street, New City, New Tutor 11111 SIXTH: The name and street address in this state of the registered agent upon whom process against the corporation may be served is: Sandra Seller, 123 Main Street, New City, New Tutor 11111 SEVENTH: The date the corporate...
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...PART TWO RECRUITMENT AND PLACEMENT | | |CHAPTER | |T Five | |Personnel Planning |5 | | |and Recruiting | | | |Lecture Outline | | | |Workforce Planning and Forecasting |In Brief: This chapter explains the process of | | |Strategy and Workforce Planning |forecasting personnel requirements, discusses | | |Forecasting Personnel Needs (Labor Demand) |the pros and cons of methods used for recruiting| | |Improving Productivity Through HRIS |job candidates, describes how to develop an | | |Forecasting the Supply of Inside Candidates |application form, and explains how to use | | |Forecasting the Supply of Outside Candidates |application forms to predict job performance...
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...Zipcar: Influencing Customer Behavior Zipcar is a car-sharing service. Members, had to pay annual fees to participate and were assessed usage fees, based on time and mileage, monthly, were provided common use of the service’s vehicles independently of one another. It was started in Boston in 1999 and present in 21 cities with a fleet of 400 cars. It has 30,000 members who are growing at a rate of 1500 per month. Members had to register online with an annual fee of $25 and a refundable amount of $100. Reservations can be done on call or online, a year in advance or a minute before. There are incentives to customers for proper maintenance of cars. Members had to return cars to designated parking locations. As per its competitive positioning, the major competitors were rental agencies who provided similar services. Other competitors include taxi, cabs and public transport. But Zipcar had competitive advantage of providing flexible services to customers. Supplier power is moderate as Zipcar had its own cars and they don’t have to wait for third party. But buyer power is really strong as buyer may very easily choose for other alternatives like public transport or taxi. When we see from the framework of nature of the service vs. who is the direct recipient of service. Zipcar would come under possessions and tangible actions i.e. possession-processing (service directed at physical possession) as customers had to do refueling and maintenance. If we look at the type of variability...
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...dilemmas that one can face, such as finding a wallet containing money, or dealing with a supervisor who asks you to work hours without recording them. An ethical dilemma can be resolved using the six-step approach outlined on p. 78 of the text. The six steps are: 1. Obtain the relevant facts. 2. Identify the ethical issues from the facts. 3. Determine who is affected by the outcome of the dilemma and how each person or group is affected. 4. Identify the alternatives available to the person who must resolve the dilemma. 5. Identify the likely consequence of each alternative. 6. Decide the appropriate action. 4-3 There is a special need for ethical behavior by professionals to maintain public confidence in the profession, and in the services provided by members of that profession. The ethical requirements for CPAs are similar to the ethical requirements of other professions. All professionals are expected to be competent, perform services with due professional care, and recognize their responsibility to clients. The major difference between other professional groups and CPAs is independence. Because CPAs have a responsibility to financial statement users, it is essential that auditors be independent in fact and appearance. Most other...
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...MA Special Module 2012 ExamREADINESS 170 Intensive Review Questions Ed. The Number One Source of Exam and OntheJob Information STUDY INFORM ATION FOR EX AM CANDIDATES Special Module ExamREADINESS 170 Review Questions Covering Federal Contract Administration ã ExamREVIEW PRO & ExamREVIEW PRESS 2012 All rights reserved. No part of the contents of this book may be reproduced or transmitted in any form or by any means without the written permission of the publisher. Important – Please Read Due to the variety of fonts installed on the users' systems, Acrobat may prompt you to download an additional language component (which is FREE from Adobe anyway). If you receive a message saying that a Traditional Chinese language pack has to be downloaded in order to load this eBook, please click YES to have Acrobat download the update. The size of the update is about 7M. Don’t worry, this download is safe. Table of Contents PRACTICE TEST MODULE 1................................................................................................4 PRACTICE TEST MODULE 2..............................................................................................45 PRACTICE TEST MODULE 3............................................................................................106 PRACTICE TEST MODULE 4............................................................................................167 PRACTICE TEST MODULE 5..........................
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...Responsibilities D. Organizational Chart E. Government Requirements Production Process A. Product Description i. Major Products ii. Minor Products B. Location Site C. Facilities Layout D. Operation Process E. Equipment and Machineries F. Capacity Planning G. Work System H. Waste Disposal Financial Analysis A. Cost of Supplies and Equipment B. Cost of Stocks C. Project Cost D. I-Crusher’s Products E. Income Statement F. Cash Flow G. Balance Sheet H. Forecasted Sales and Cost Business Strategies A. Management Aspects B. Financial Aspects C. Marketing Aspects D. Advertising E. Sales Promotion F. Public Relation G. Organizational Polices I. COMPANY’S PROFILE A. Brief History With the passion for business entrepreneurship, the proponent / owner, Mark David Solomon T. Sanchez wanted to venture into a retail business that will provide him stable income and in which it can become a popular daily consumptions by different market segmenst, particularly during summer season. This business is a food retail business establishment that sells cool crushed iced with gulaman and sago and flavored with different varieties such as chocolate, strawberry, pandan and cookies and cream....
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...Task One: Introduction Our team has been given the task of developing a certain business and to collectively manage all aspects involved. This paper will outline what type of business it is, where it is located, how the creative department is structured, which specific job positions are required, how revenue will be generated, and lastly what both the Unique Selling Proposition and the Positioning of the business will be. Task Two: Agency or Business Type and Location We have selected to create a local creative boutique called Contemporary Graphic Solutions. This type of business was chosen for it is our goal to assist local advertisers/businesses to both creatively and effectively promote themselves. We excitedly endeavor to design new concepts and graphics that will accurately reflect the image of the business. CGS will be located in Pensacola, Florida. Pensacola offers a variety of demographics, a favorable atmosphere for local businesses, increasing urban development, and a growing economy. Task Three: Agency or Business Creative Department Structure, Flow chart, Job Titles, etc. Task Four: Job Descriptions, Educational Level, Skills Needed, Personality Traits There are three departments that make up Contemporary Graphics Solutions: The Art/Creative Department, the Media Department, and the Marketing Department. Each department has a department head, with the store owner also as the Marketing Department Head. All department heads report to the latter. Within the Marketing...
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...LAW/531 Final Examination Study Guide This study guide will prepare you for the Final Examination you will complete in the final week. It contains practice questions, which are related to each week’s objectives. In addition, refer to each week’s readings and your student guide as study references for the Final Examination. Week One: The Legal System and the Legal Forms of Business Objective: Differentiate between the legal forms of business. 1. What makes a publicly held corporation different from a public corporation? a. x A publicly held corporation has had an IPO, and has many private shareholders rather than being a corporation owned by a governmental entity. b. A publicly held corporation is entitled to limited liability, but the public corporation is not. c. A publicly held corporation must have a charitable purpose, but a public corporation need not have a charitable purpose d. They are two terms that have the same meaning. 2. If a corporation is properly incorporated in one state and wants to do business in a second state, the corporation a. must incorporate in the second state b. must do nothing because being incorporated in one state entitles the corporation to do business in all states c. register with the Interstate Corporation Commission d. x may be required to obtain a certificate of authority from the second state 3. Limited partners can lose their limited liability by a. investing too much in the partnership b. withdrawing...
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