...Brown-Forman Wandan Su Oct.28th 2012 Managerial Accounting * Company Overview * Company History In the year of 1870, a great company was founded in Louisville, Kentucky. It was formed by George Garvin Brown, a young pharmaceuticals salesman. He saw the demand for a consistently high quality whisky that conform medicinal standards. Brown and his half-brother used an innovative approach to sold whisky with sealed glass bottles to guarantee their quality while whisky was sold in the barrel in common at that time. The brand called Old Forester Kentucky Straight Bourbon Whisky, was the first bottle bourbon in America, which remains one of Brown-Forman's best selling brands during the current days. The name of the company changed so many times as the business grew and the original partnership dissolved. Later partnership become between George Garvin Brown and his friend also his accountant, so the company was formed was call Brown-Forman. Old Forester sold very well --but In 1902 Forman sold his interest in the Brown-Forman Distillery because he believed that Brown-Forman's success would diminish as soon as the novelty of packaging began to fade. The Brown family bought all of Forman's interest in the company. In1917，George Garvin Brown died and his oldest son，Owsley, took over the Brown-Forman. It was a difficult time because of the depression and prohibitions during the two World Wars. In 1924, the company moved to the 18th & Howard Street, where the company...
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...MEDIA REVIEW TEMPLATE: Date of event/article published: | 16-12-2015 | Name of Source:Newspaper/news channel/writer etc | BBC iPlayer | Summary of the event: | Documentary examining the violence inflicted by men on women everyday, telling the stories of all women who died at the hands of a male partner or ex partner. The Documentary stated that on average seven women a month in Britain are killed by their male partners. Of the 164 women murdered in Britain in 2013, 86 were killed by their male partner or ex-partner. This film names all 86 women and, through interviews with families, friends and neighbours, tells the stories of seven of them in detail. The first victim spoken in detail about in the documentary is Kirsty Humphrey (aged 23), she was described as a genuine, kind and funny person by her family and friends that is until she met mark who used to hurt her physically and verbally and stole money from her to buy drugs but despite all this she was still fascinated by him even when he began to beat her. Her friends and family had started to notice marks on her but she brushed it off by saying they were play fighting or that she had burnt her hand when getting food out of the oven. Kirsty’s behaviour over this period had also started to change; she had become isolated, looked worn out and had started to become addicted to alcohol. On 4th September 2013 kirsty was murdered by Mark police found several stab wounds and bruises on kirstys body. Second victim Anne- Maire...
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...every day but in fact we were offered only two per day. Secondly, the advert promises one three-day camping expedition to introduce the joys of group-work. Unfortunately, we couldn’t even pitch the tents! Thirdly, it says that our “day off” would be full of the varied, remarkable and relaxing games cited in the leaflet at the residential centre. Actually, the centre was found full so they put us in a youth hostel, instead, some seven kilometres away with no buses and no taxis. For the relaxing games and the remarkable facilities, we were provided with a broken tennis table and used pack of cards. Besides, your company promises comfortable double rooms and memorable delicious meals for accommodation. To our astonishment, the only comfort we found was very dirty bed –clothes and disgusting meals. In general, our holiday was far from the one you had made us expect and the promises you had made us dream of. As a result of all these non-kept promises, I feel like I have been betrayed because I kept my promise of paying you and you did not. The only thing in your leaflet which is true is when you promise in the very introduction that the holiday with you will be an experience we will never forget !!! And it is so. Yours faithfully, Signature. Please find enclosed the facsimile of my...
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...Tourism recently presented its new slogan “It’s more fun in the Philippines” which has been a catchphrase for a lot of people in the different parts of the world. Aside from the tourists’ spots and festivals here in the country, have you ever ponder of the other reasons why it is more fun in the Philippines? Nowhere in the world can you find a group of people where hospitality and resilience is like of the Filipinos. Their unique way of welcoming visitors and guests had made a remarkable impression to everyone. Extra efforts were exerted to make the visitors feel at ease. They even go beyond their limitations just to offer a comfortable and worthwhile stay to their guests without thinking that they are already compromising their own comfort. It is undeniable that only the Filipinos can give you an excellent service with a sweet smile on their face. They have the resilient attitude which keeps them courageous despite the hardships and worries they’re going through. It is here in the Philippines where everybody, regardless of race, is treated with utmost hospitality and generosity. When it comes to money matters, the cost of living here in the Philippines is far much more inexpensive compared to other countries. Housing, transportations, utilities, and other basic needs are considerably cheap. Buying clothes in bazaars located everywhere in the country can give you a different kind of shopping experience. Also, fining dining of Filipino cuisines is available in such a very...
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...Case Study 4: Corporate Valuation Case 51: Brown-Forman Distillers Corporation 1. Why is Brown Forman considering buying Southern Comfort? In your answer consider the strategic motives of Brown and the arguments in favour of and against the acquisition. Producing and selling high-quality products is the company’s marketing philosophy. Although Brown-Forman was the fifth-largest distiller in the United States, it spent a lot of money in advertising support in order to build best brands in the world. In a while, the whiskey market was in a depression. Brown- Forman faced a big challenge to overcome this period. In order to expand its product lines, Brown-Forman chose several of products which has fast growth in the alcohol beverage market. So the company can expand its product lines. In addition, during the 1978 to 1980 period, the company invested $86 million in advertising and promotion, $39 million in barreled-whiskey inventory and $19 million in fresh plant and equipment. The company was aware of that the foreign market also was important for the later growth of company. Advantages: The Southern Comfort can provide a variety of products to customers. After this acquisition, the earning per share and share value of stakeholders value will increase. The profit/sales ratio is high. So the company can make more profits. The average assets/sales ratio also is high. Therefore, the company can make more earnings and produce high-quality...
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...Words of Comfort: What to Say When Someone is Dying Candace Rotolo Being diagnosed with a terminal illness is traumatic. But sometimes, what people say in an effort to offer comfort is equally distressing. The truth is, many of us just don't know what to say to a loved one who is facing their mortality. "Most of the time I really liked when people said nothing," notes Michelle Colon-Johnson, who has been diagnosed with stage four cancer five times and survived. "If I wanted to talk about the cancer, it felt good to know I could talk to others, but I never wanted to be treated differently." Experts who assist patients in their final days say the best thing to do for someone who has recently been diagnosed is to allow them to guide your conversations and actions. "They might not want to talk," explains social worker Edie McCaddin-Bower, vice president of support services at Beacon Hospice. McCaddin-Bower says it's important to respect the patient's wishes, but let them know you're willing to lend an ear to hear their thoughts, wishes and fears whenever they are ready. Fellow social worker Meredith Cinman, ancillary services coordinator at Amedisys Hospice in Valenica, CA, adds that loved ones should try not to worry about saying the "right thing" but spend more time listening to the patient. What NOT to Say to Someone Who Is Dying "Avoid platitudes," adds psychiatrist, Huffington Post blogger and author Marcia Sirota M.D. "Saying things like, ‘Everything happens...
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...Sustainable Built Environment SciVerse ScienceDirect www.sciencedirect.com[->1] Studies on the indoor air quality of Pharmaceutical Laboratories in Malaysia Y.H. Yau ⇑?, B.T. Chew, A.Z.A. Saifullah Department of Mechanical Engineering, University of Malaya, 50603 Kuala Lumpur, Malaysia Received 8 March 2012; accepted 26 July 2012 Abstract This study was conducted to determine the comfort conditions of Pharmaceutical Laboratories in Malaysia. Four laboratories were selected as investigation sites. The Heating, Ventilating and Air Conditioning (HVAC) system of the laboratories must be designed for providing good indoor air quality (IAQ) to the workers in the laboratory and keeping the expensive equipment in good condition. For the investigations, a number of measurement equipments were used to obtain the IAQ data of the laboratories (i.e. dry bulb temperature, air humidity, air flow velocity, carbon dioxide (CO2) concentration, etc.). Some random subjective assessments on the workers in the laboratories were made to acquire information on the workers such as their thermal comfort rating, activity level and their clothing con-ditions. In this study, air temperature for Laboratories 1, 3 and 4, are 22.38, 20.53 and 19.50 LC, respectively, slightly below the ASH-RAE recommended air temperature. Besides, the total volatile organic compound (TVOC) for Laboratories 2 and 3 shows high TVOC concentration in the wash room and chemical room, which are 22.8 and 6.5 ppm, respectively...
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...list of 10 “wants” that you have. what would have to occur to move each of these from “wants” to “needs?” ANS) The whole purpose of the business is to make profit by serving the needs and wants of customer. If a business fails to understand that , customer will not be interested in buying product or services from the business and move to some other producer for better satisfaction. 10 WANTS 1) Laptops : it can be made necessity to all students , businessmen and corporate people by showing its usefulness in increase the speed of work and make it so much more easy. Its is also very much easily portable. 2) Cars : They can be made necessity by showing their usefulness in traveling in day today life and with lots of comfort and luxury which not available in most of public transport. 3) Smart phones : People should be showed , how people can do so much multitasking using all these smart phone like music,internet,applications etc. 4) Refrigerators: They help in preserving things for long time and making ice & and cold water 5) Televison: To know the what is going around the world and to do basic entertainment in your own house. 6) I pods 7) Branded clothes 8) Pet 9) Sports gears 10) Bath tube So all we need to do is convince people in most of the cases is to ,how using these product will make their life more comfortable and easy . 2. Think of a product or retailer to which you are loyal. What has caused this loyalty...
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...Writ 1301 The Tears of Korean Comfort Women After Chosun (the former name of Korea) was invaded by Japan in 1910, Korean women were forcibly sent to Japan as comfort women: sex slaves of the Japanese military. ‘Comfort woman’ is a euphemism for a female sexual slave to the Japanese Imperial Army before and during World War II. The Japanese military recruited young and unmarried Asian women to join the military, then sent them to brothels in China and other Asian and Pacific countries in order to “comfort” Japanese soldiers. One of the few surviving Korean comfort women, Soon-duk Kim, gave the following testimony to Sangmie Choi Schellstede, the editor of the book, Comfort Women Speak: Testimony by Sex Slaves of the Japanese Military: “I was promised a job as a military nurse…[however, the Japan military took us to] a ruined village of Shanghai. Rooms were divided into tiny cubicles. Each of our fifty girls was divided to one of these cubicles. Now this house became a brothel, and we were sex slaves in it” (38). Kim was wounded due to numerous rape. She explained about the horrible remedy she received: “One day our manager gave me packets of black powder to take once a day…[But] after I used it several times, he then told me the powder was made from a leg of a Chinese soldier’s corpse” (38). This experience is not limited to Kim. Approximately 200,000 Korean women suffered as sex slaves of Japan’s military system before and during the World War II. Today, however, not many...
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...Early recollection I remember when I was little and my mother was combing my hair. She had just given me a bath and allowed me to sit on a soft blue chair in her bedroom. When mama combed my hair, I could feel her soft hands, and she sang a pretty song. Erin's mother has always been a loving and caring person in her life. Home is where Erin feels most comfortable as a place to find solace and comfort. For Erin, touch is significant in her daily existence. She regularly seeks out touch from people that she knows, and a day without a hug never seems right to her. I remember when I’m standing out of the window. I wanted to play with a couple of girls who were jumping rope. My mother wouldn’t let me jump rope with them, and I started to cry. Nobody seemed to notice me when I ran off by myself.” the memory depicts a sense of rejection and hurt. Although Honey Grace tries to play with the other girls, her effort ends in futility. The memory evokes painful feelings, but there are also features of the remembrance which present more hopeful aspects. Honey Grace’s high degree of activity is evident and she seeks to be a part of a constructive experience with others. Basic mistake Emotional perfectionism: I should always feel happy, confident, and in control of my emotions. 2. Performance perfectionism: I must never fail or make a mistake. 3. Perceived perfectionism: People will not love and accept me as a flawed and vulnerable human being. 4. Fear of disapproval or criticism:...
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...Management 600 Dr. Luce Blake Herner Brown –Forman Corporation Founded by George Garvin Brown and John Forman in 1870 Brown- Forman is now one of the largest competitors in the alcoholic beverage market within the United States. The company is headquartered in Louisville, Kentucky and is still family owned to this day. While the company sells a wide variety of products they are specifically known for their wine, spirits and whiskeys. Under an umbrella of roughly 25 distinctive brands “Brown-Forman Corporation is a diversified producer, marketer, and exporter of alcoholic beverage and consumer products”. Their top sellers are “Jack Daniel's whiskey, Southern Comfort liqueur, Canadian Mist Canadian whiskey, Early Times and Old Forester bourbon, Glenmorangie Scotch, Finlandia vodka, Korbel champagne and brandy, and Fetzer, Bolla, and Sonoma-Cutrer wines” (1) www.fundinguniverse.com/company-histories, Organizational Change and strategic Bourbon was the original product Brown-Forman produced and sold giving theirs the title of ‘ Old Forester’, which is still in production today. Bourbon was traditionally sold by the barrel directly from the distiller to the retailer. At which point the bar or pub would transfer the bourbon into there own bottles. Recognizing this opportunity and understanding the power of marketing using a differentiated approach, Brown-Forman began bottling ‘Old Forester’ making sure each was corked and sealed. This was the first marketing...
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...Simulation of room air conditioning strategies for hospital operation theatres KARTHIKEYAN P, MURALIDHARAN K, ANAND SAMUEL Department of Mechanical Engineering, Vellore Institute of Technology, Deemed university, Vellore, Tamil Nadu, Pin code-632014. INDIA. Abstract: Hospitals have not always been fully air conditioned, except for new buildings in urban areas where ambient noise and atmospheric pollution necessitate having closed, double glazed windows. Air conditioning has been restricted by economic considera¬tions and has been confined to places where it was essential, for example operating theatres. Many operating theatres have been air-conditioned using conventional methods of turbulent air distribution but, as with clean rooms, this proves unsatisfactory in the prevention of airborne contamination. This paper emphasizes different types of air-conditioning strategies, their advantages and disadvantages in the case of operation theatres. It also brings out the impact of computational fluid dynamics codes in Indoor air flow simulation. Keywords: Operation theatres, Air conditioning systems, operating room air distribution, Room air-conditioning strategies, Air- quality & computational fluid dynamics. 1.Introduction There are three sources of bacterial contaminations: the supply of air to the theatre; the surgical team; and the emissions of bodily vapors and organisms from the patient. To deal with these and to prevent turbulent air movement and convection...
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...Comfort women are defined as young women and girls who were forced to work at comfort stations during World War II. These young ladies are mostly kidnapped from their homes, forced to be in sexual slavery in Japan, and have to serve Japan. Japanese army at that time established those prostitution for preventing the rape crimes and give their soldiers easily opportunities to solve their sexual needs. Most of comfort women come from neighbor countries, such as Korea or China, they are the majority of the number. Besides, other women come from the further countries as well, for example Malaysia, Taiwan, Philippines, Indonesia and Taiwan; and more than that, they can be Japanese too. After the war has ended, those comfort women can finally find...
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...Bibliography Argibay, Carmen M. "Sexual Slavery and the Comfort Women of World War II." Berkeley Journal of International Law , 6th ser., 21, no. 2 (2003): 375-89. Accessed November 20, 2017. http://scholarship.law.berkeley.edu/cgi/viewcontent.cgi?article=1242&context=bjil. "Comfort Women." Comfort Women | a photo story by | Panos Pictures. Accessed November 24, 2017. https://www.panos.co.uk/stories/2-13-1144-1650//Comfort-Women/#. Edwards, Wallace. Comfort women: a history of Japanese forced prostitution during the second World War. United States: Absolute Crime Books, 2013. Jonsson, Gabriel. "Can the Japan-Korea Dispute on "Comfort Women" be Resolved? ." Can the Japan-Korea Dispute on "Comfort Women" be Resolved? * 46, no. 3 (2015): 489-515. Accessed November 20, 2017....
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...1837: Start of the Tiffany Story Tiffany & Co. is created by Charles Lewis Tiffany and John B. Young (then known as Tiffany & Young, a stationery and fancy goods emporium at 259 Broadway in New York). All items were marked with a non-negotiable selling price, which was a first at that time. The first day’s sales total $4.98. 1837: Introduction of the Tiffany Blue Box The well-known shade of blue was chosen to symbolize the company’s renowned reputation for quality and craftsmanship. The colour is well known globally and widely used on Tiffany & Co. boxes, catalogues, shopping bags, brochures and in their advertising mediums. Today, it has become Tiffany & Co’s trademark colour. No box can be taken out of a Tiffany & Co. store except with an article which has been sold by them. This adds to the exclusivity of the brand. The tradition of the famed Tiffany Blue Box has endured over the years as its contents are unsurpassable in quality and design. 1845: The First Blue Book The first ever Tiffany catalogue is published. This tradition still continues at present day. 1851: The Heritage of Tiffany Silver Tiffany becomes the first American company to use the 925/1000 sterling standards which is later adopted as the United States Sterling Standard. Tiffany’s silver designs also start capturing attention worldwide. 1853: Tiffany & Co. is “Officially” Named Charles Tiffany assumes control of the company and renames it. 1867: Tiffany & Co. at the Paris Exposition Universelle ...
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