...Case Summary of Abrams Company (Case 5-4) Overviews: Abrams Company is a manufacturing company manufacturing parts in transportation vehicles. It has two major sources of customers, original equipment manufacturers (OEMs) and wholesalers. There is a vice president in charge of those three major parts division. Each division has its own OEM departments for the new products or innovative existing products, while leaving the old ones to the fourth departments of Abrams Company – the Aftermarket Marketing Division. This division operated several company-owned parts distribution warehouses in the US and foreign markets. In the 1992 sales break up, AM division had a $180M sales of the total $500M inside and outside sales of four division. For the sake of the high number of vehicles sold, top management’s goal was to target high expected growth in AM division. When looking into the company’s overall strategies and goals, ROI is an important indicator for their targeting, budgeting and planning. In order to make Abrams company’s own financial reports similar to external ones, it included the allocated overhead expenses and taxes in determining profit. In addition, Abrams allocated the net assets, cash and receivables based on sale values, while for the property, plant and equipment, it preferred the book value traced specifically to each plant. Marketing strategies always determine the company’s overall performance. Because of the different customers between AM division and other...
Words: 377 - Pages: 2
...intelligence data, which meant that finding where the IRG divisions were located, would be up to the 2nd ACR. Like the prairie horse soldiers of 150 years earlier, the troopers of the regiments would grope forward until they physically ran into the enemy, in this case the IRG Tawakalna Division. Generally known to be the best and most aggressive of the various IRG formations, Tawakalna was the unit that would bear the brunt of the coming battle with VII Corps. As 2nd ACR moved forward, the regiment’s three squadrons were line abreast from north to south. Each squadron had two of its three cavalry troops forward, with the other and a tank platoon in reserve behind. In 1991, armored cavalry troops were company-sized units, each with 9 M1A1 Abrams tanks, 13 M3A2 Bradley cavalry fighting vehicles, and a handful of M113-based mortar carriers and other vehicles. On the right (south) side of 2nd...
Words: 1786 - Pages: 8
...Individual Assignment 1.1 | Misunderstanding 1 (M1) | Misunderstanding 2 (M2) | Who was the sender? | I, Ardra English, was the sender. | My supervisor was the sender. | Who was the receiver? | My co-worker was the receiver. | I was the receiver. | What was the message? | I was school shopping this weekend, and I noticed there are four new bus shelters at the corner of Forest Lane and Abrams Road. Prepare the schedules, and I will post them immediately. | Are there any time changes that affect the schedules on the pylons? | What channel was used to send the message? | Face-to-face, verbal communication. | E-mail | What was the misunderstanding that occurred? | He did not want to create the schedules. | She did not specifically ask for the changes, and I did not realize that she wanted me to create the schedules for the pylons. | How could the misunderstanding have been avoided? | There are no established standard operating procedures for creating and installing the schedules. | I feel that my supervisor should have been more specific about her needs. I did not know that she wanted me to create the schedules, and submit them to her. | In the first misunderstanding, I learned that I should have listened to why the co-worker did not want to create the schedule. From his experience as a graphic artist, he waited until the manager in the Passenger Amenities Department sent notice to install the schedule. From my experience in customer service, when there...
Words: 461 - Pages: 2
...Rules Of Engagement and Six Levels in the Chain of Command Introduction Rules of engagement (ROE) are needed to fight any war efficiently and they usually work. However in Vietnam the ROE did no more than hinder our troops, and did not allow them to fight efficiently. Ultimately, causing a huge loss of life for American troops and a unwon war in Vietnam. The ROE in Vietnam were not effectively used throughout the chain of command during the war. ROE and Six Levels of the Chain Of Command ROE dictate the application of military power during a war. ROE provide everyone in the chain of command rules to conduct themselves by. It gives a complete set of rules and options for fighting a war. President Johnson had to restrict the ROE to a degree as to be able to allow warfare within the limits of the limited war strategy. (Moss, 2010) He restricted the types of targets that US soldiers could engage and to what degree they could engage them. Johnson wanted to reduce or eliminate the possibility of civilian casualties which was very difficult in a war where the combatants looked like civilians and the combatants were well versed in blending in with their surroundings. (Moss, 2010) Johnson also implemented these strict ROE to avoid China and the USSR from getting involved in Vietnam. Johnson did not want the US to look like aggressors in the Vietnam War. Secretary of Defense Robert McNamara was second hand to Johnson in developing the ROE for the war. He would join with Johnson...
Words: 756 - Pages: 4
...CASE STUDY TATE AND LYLE MODULE TITLE MANAGEMENT INFORMATION SYSTEM BSC COMPUTING SEMESTER 5 August 2012- November 2012 ABIODUN EMMANUEL TAIWO L0592LYLY0411 MODULE ADVISOR DR UMA MOHAN Cardiff Metropolitan University Department of Business and Information Technology London School of Commerce, London SE1 1NX ABIODUN EMMANUEL TAIWO L0592LYLY0411 MIS CASE STUDY 1. EXECUTIVE SUMMARY Tate and Lyle is a manufacturing firm that has it history dated back to the year 1921. The company was established as a result of a major merger between two sugar refining companies; Henry Tate & sons and Abram Lyle and sons. The company, after the merger expanded its coast to the production of specialty food ingredients such as sweeteners, texturants, wellness ingredients among others and bulk ingredients such as corn syrup, acidulants and flours. Tate and Lyle is based in Silver-town, London from where it runs supplies to a huge market network which comprises of food and beverages, pharmaceutical, animal feeds and personal care industries around the globe. Vision and Mission remains the backbone of every successful business organization and the managers of Tate and Lyle left nothing untouched in this regard. It has simple, direct and concise goals and mission which are clearly outlined in their mission statements. This case study pays particular attention to a broad analysis of the company’s mission statements, its alignment to the company’s strategies...
Words: 3380 - Pages: 14
...Gossip Girl Gossip girl is an American TV show that revolves around the lives of young teens that live in Upper East Side of Manhattan. The show also features the parents of the teens as supporting actors, whose main roles is to guide the youngsters. In addition, a family lives outside Upper East Side who relate with the rich. The show brings to light many issues that rich society experience and their day-to-day problems for the young stars. There are the minorities in the fictional community who includes non-whites and those who are not part of the high society. The show also shows how different classes relate. It is clear that when the lower class are discriminated by some, most do not mind and even have a good relationship with them. Class representation Gossip girl represents the high class in the society; only one family is not rich, and later they move to Upper East Side. Blair waldoff is a young teen who has very high regard to herself and her family name. Blair is conservative and refined, and very careful not to tarnish her family name. She belongs to the high class and does not like those who do not belong there. She does not like Dan Humphrey at first for his low social status, but they later become friends. She has friends who only belong to her social status, and later she gets married to the prince of Monaco. Another character Serena van der Woonsen is a young, rebellious, and very attractive woman who has the status of a celebrity in this show. Her dressing is...
Words: 1154 - Pages: 5
...different types of business structures that are suitable for small and medium sized business, along with describe the legal, tax, accounting, and other implications when of each form of business structure. Business Plan According to Abrams, R. (2003), “ The business plan process entails five fundamental steps: (1) Laying out your basic business concept, (2) Gathering data on the feasibility and specifics of your concept, (3) Focusing and refining the concept based on the data you compile, (4) Outlining the specifics of your business, and (5) Putting your plan in compelling form”. New Business Project Business Name: Universal ATM Service Product or Service: Retailed of Automated Teller Machines, Automated Teller Machines Products, Transactions Processing, Automated Teller Machines Placement, and Automated Teller Machines Services and Repairs. Business Structure: Limited Liability Company (LLC) Rationale for choosing this form of business organization: the founders of Universal ATM Service have opt to file as an LLC for their new business structure. Management has chosen this entity because it allows the benefit to “pass-through entities”. This will benefit the company’s owners by not been obligated to pay any income tax as a corporation, do to self employment. Another great benefit that attracted us to choosing an LLC is because it limits the liability on the owners with the...
Words: 2117 - Pages: 9
...Trent Dewberry Corporate Governance Case 7 September 11, 2012 The Board-Management Relationship After almost a full year as a member of the Mega Corporation Board of Directors, Jack Wright felt confident in his assessment of the functionality of the organization. Wright found that the company had a strong balance sheet, several successfully operating businesses, and some other businesses that could be sold. Yet Wright also found that there were several issues that were not being addressed. Wright found that somehow Sam Bigger was keeping John Rock from changing the governance structure of Mega. Bigger’s control of the company is the first barrier towards Mega’s progress as a company. The situation with Sam Bigger is a very common one with entrepreneurs. Sam Bigger started the company many years ago and has experienced a great deal of success. It is a difficult thing for a well accomplished business man to admit that the ways things have always been done are no longer effective. It has become evident that changes are needed in order to stimulate growth and improve business operations. Sam Bigger has so much control of the company that he is a hindrance to Mega and its operations moving forward. The question now is what action should John Wright take in order to break through the entrenchment of Sam Bigger? There are a few options that Jack Wright could take in this situation. Wright considered going directly to Bigger for a face-to-face discussion. Wright chose not to go...
Words: 840 - Pages: 4
...mergers, acquisition, and so on (Chapman, 2001). Another important aspect of HR and business spreading over the international boundaries is cultural aspects of a specific region, country, or state that a business venture must come to recognized as a valid component. It is important to realize that in the flourishing of withering of a business local culture plays a decisive role. Related to this is the issue of workplace culture where, as in today’s global workplace, workers come from different cultures and backgrounds to work together. Hence it is highly critical to understand their individual status and address the issues of their cultural background in a way to make their capabilities more productive for a global business venture (Numerof & Abrams, 1998). Thus, the intended research is multidimensional and aims to address complicated issues with regard to international business and its stable growth from a number of aspects and issues....
Words: 1095 - Pages: 5
...tree to drop, Here is a strange and bitter crop. By Lewis Allan, 1940 These words paint a picture and speak of an unpleasant time in American history, where blatant racism, lynchings and inequalities were committed against African Americans. Strange fruit can be considered a protest song of the pre-civil rights era. Its importance to the movement can be felt in the lyrics of the song paving the way for protest songs of the civil rights era and its impact on the world today. Strange Fruit was composed by Abel Meerpol, a school teacher from the Bronx, NY who wrote a poem under the pseudonym Lewis Allan (Independent Lens, 2003) about the horrors of racism after seeing graphic photos of a lynching of two teenagers, Thomas Shipp and Abram Smith. These teenagers, who were accused of killing a white man, were taken from an Indiana jail and lynched by a mob of angry whites (Koppes, 2010). Their bodies badly beaten and burned, left hanging from a tree their bodies blowing with the wind for the world to see. Although there were lynchings in the North, the majority of lynchings were in the South (Stone, 2004). The victims, most often African American were guilty of nothing more than being black. They were tortured, abused and murdered in...
Words: 812 - Pages: 4
...enterprise, and are also affected by it. 2. According to Porter, what determines the level of competitive intensity in an industry? According to Porter, the level of competitive intensity is determined by 5 basic competitive forces namely: (1) Threat of new entrants to a market (2) Bargaining power of suppliers (3) Bargaining power of customers or buyers (4) Threat of substitute products and (5) Degree of competitive rivalry 3. What should be scanned in the task environment? There should be an analysis of relevant elements in the task environment such as: (1) Competitors (2) Suppliers (3) Regulators (4) Strategic Partners (5) Labor and (6) Customers. 4. Discuss how a development in a corporation’s societal environment can affect the corporation through its task environment. 5. How can managers identify external strategic factors? a. Environmental uncertainty b. Issues priority matrix c. New entrants d. Entry barriers e. Rivalry f. Substitute products g. Bargaining power of buyers and suppliers h. Bargaining power of other...
Words: 269 - Pages: 2
...Unit VIII Article Critique Columbia Southern University DBA 7553 1. Introduction of the Article This article is found in the Directors and Boards magazine. It is written by Donald P. Delves who “is president of the Delves Group, a compensation and corporate governance consulting firm that advises boards of directors” (Delves, 2012). The article is titled “What about everyone else? The problem may not be that executives are paid too much, but that employees are paid too little.” 2. Statement of the Problem Studied In this article, Mr. Delves examined why people complain about executive pay, how companies used to inflate employee earnings, and how companies can increase employee wages now. 3. Significance of the Problem Studied With sky rocketing pay for many executives over the last few decades, many employees have wondered why their pay has not also increased. In the past companies have used stock options to provide incentive for employees and to use these as a pathway to increase employee pay. However with the economic recession and many of the changes in accounting practices, companies could no longer use this incentive to increase wages for employees. Thus Mr. Delves presents the question, “what do we do about [increasing employee incentives]?” (Delves, 2012). If this question can be answered, it has the potential to not only increase employee productivity but also to provide them with increased opportunities. ...
Words: 585 - Pages: 3
...1) Why do you think Starbucks has been so concerned with social responsibility in its overall corporate strategy? Starbuck is a known corporation local and international for their freshly brewed coffee and other products that are offered. Social responsibility helps the company image, to care about the community and the environment, these are positive stand points that define the company self portrait. It's important how you look on the outside, in the end it's all about sales. As mention in the text “people first and profit last” once a corporation can fulfill its duties that benefit the consumer and the parties involve then there is no need to worry about the business profit. 2) Is Starbucks unique in being able to provide a high level of benefits to its employees? The text mention “it is better for a company to take some short-term loses than to lose sight of its core values in the long term “yes Starbucks is unique because not many restaurant offer the kind of benefits as Starbuck. The employees are important to the business and it helps to retain them. Offering health insurance, paid time off, and other perks are ways to keep employees happy which lead to great work effort and a successful business. It also helps to lower the business employment turnover rate and save the corporation money because they do not spend much money and recruiting new employees and to train them. 3) Do you think that Starbucks has grown rapidly because of its ethical and socially responsible...
Words: 334 - Pages: 2
...to maximize a firms [sp] profit potential, a corporation should match its greatest strengths, with external factors to create opportunities. When assessing opportunities to acquire a new business unit, firms should only seek to acquire units that have strengths that match, enhance or can be combined with the firms established strengths. The article [which? there is no list of references -- you’re supposed to discuss an issue from class before discussing the article] is about how firms are purchasing business units that do not align with their strengths or the vision/mission of the parent corporation. Once the business unit is acquired the viable option is to sell if off in pieces because it is not contributing to the corporations strengths. We agree with the author [sp] premise that diversification should not be pursued unless it will help a parent corporation achieve its already established mission. Corporations should avoid acquiring firms that possess strengths or missions not aligned with the parent corporation. A firm should not see purchasing business units as strength [clumsy]; a corporation’s strength is not an action. A corporation should see the reason why they have accumulated the financial resources necessary to purchase additional business units as their strength. Once that strength is identified the corporation should be pursing business units that have underlining strengths that will enhance the parent corporations [sp] ability to pursue their mission and maximize...
Words: 689 - Pages: 3
...Introduction and Course Philosophy: This course covers accounting theory and practice for business combinations, segment and interim reporting, foreign exchange and partnerships. Business combinations cover most forms of mergers and acquisitions, which are common among business entities. Segment reporting is how management disaggregates financial results into meaningful business performance. Foreign exchange covers the basics of currency transactions and translation including hedging, which are common in the global economy. Finally, in partnerships we cover more extensively the formation, operation and dissolution of general partnerships, the most prevalent form of business in the United States. In my career in financial services, I was personally involved in 3 large business combination involving aspects of mergers, segment reporting and foreign exchange that we will discuss in class. You will be exposed to the authoritative accounting literature covering each area and get hands on experience in solving typical problems faced by accounting practitioners. We will complete the entire syllabus. Required Text: Advanced Accounting---11th edition, Hoyle, Schaefer and Doupnik McGraw Hill/Irwin 2013. A separate loose leaf edition, with only the chapters we cover will be available exclusively at the Queens College bookstore. The ISBN for the looseleaf edition is 9780077772932. Acquiring the loose leaf edition gives you the convenience of being able to bring only the chapters...
Words: 360 - Pages: 2
