...Morgan Stanley Case Study 1 “Morgan Stanley Case Study” Total Rewards Dr. Judie Bucholz Strayer University Robyn L. Snow April 29, 2012 Morgan Stanley Case Study 2 Abstract Morgan Stanley was established by J.P. Morgan Jr in 1935 in New York. Before 1935, Morgan Stanley was only an investment department in J.P. Morgan group. Since its inception in 1935, Morgan Stanley has been a leader in investment management. The company provides a wide range of financial services for individuals and institutional investors. Morgan Stanley investment advisors educate clients at all stages of life in the benefits and risks of investing in mutual funds, stock, and bonds. Working with clients, they help to determine investment strategies based on goals and objectives, the time...
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...June, 2010 2010-023X 103 Abstract—Nowadays the business world is changing at a faster and faster pace. The reasons given for this is globalization, highs information technology (IT) investments and the rapid pace of technological change. Organizations are responding in different ways and at different rates to the wide range of IT based opportunities and pressures. The purpose of this paper is to focus on the effects of IT related organizational changes on the management accounting function and to contribute to the body of knowledge about to what extent IT affects the ability to solve accounting tasks. The relationship between IT and accounting practices was investigated qualitatively using six case studies and we will measure the impact of IT on accountants’ tasks. The findings suggest a tendency for change and the decentralization of accounting tasks. Index Terms—Accounting, Accounting Information Systems, Financial Documents, Information Technology, Management Information System. I. INTRODUCTION Nowadays the business world is changing at a faster and faster pace. The reasons given for this is globalization, highs IT investments and the rapid pace of technological change in combination with escalating costs of research and development (Frishamar, 2002). The role of information technology (IT) has shifted over the last decades (Teng & Calhoun, 1996) to become an important part of how companies manage and control their resources. Organizations are responding...
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...Objective of the case-study 5 4.0 Literature Review 6 4.1 The Corporate Kitchen 6 4.2 Recipe 7 4.3 Finished dish 7 5.0 Result and discussion 8 5.1 MEMSTECH 8 Enter the corporate kitchen 8 The cooking recipes. 14 The finished dish 15 6.0 Conclusion 17 Appendix 18 Bibliography 19 Abstract Financial statement fraud is a very costly type of fraud and has a significant financial impact on the company businesses and also individuals, as well as influence investor confidence in the markets. In this project, our group will going to present on a case study in Financial Statement Fraud by a company that we choose. First of all, in this report we will investigate on our background of the Case Study Company which is MEMS TECHNOLOGY BHD. In the case study, we will determine the current status of the company and how the financial statement fraud will give impact to the organization by referring to the company’s annual report 2009. Hence, in this report we will give some practical guide on the different schemes and components that are used for detection on the Financial Statement Fraud that might be probably incurred in the company annual report 2009. 2.0 Introduction Financial reporting frauds and earnings manipulation have attracted high profile attention recently. The generally accepted definition of the financial statement fraud is the deliberate, misrepresentation, misstatement or omission of financial statement data...
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...Vol. 1, No. 1, June, 2010 2010-023X Information Technology roles in Accounting Tasks – A Multiple-case Study Maria do Céu Gaspar Alves Abstract—Nowadays the business world is changing at a faster and faster pace. The reasons given for this is globalization, highs information technology (IT) investments and the rapid pace of technological change. Organizations are responding in different ways and at different rates to the wide range of IT based opportunities and pressures. The purpose of this paper is to focus on the effects of IT related organizational changes on the management accounting function and to contribute to the body of knowledge about to what extent IT affects the ability to solve accounting tasks. The relationship between IT and accounting practices was investigated qualitatively using six case studies and we will measure the impact of IT on accountants’ tasks. The findings suggest a tendency for change and the decentralization of accounting tasks. Index Terms—Accounting, Accounting Information Systems, Financial Documents, Information Technology, Management Information System. I. INTRODUCTION Nowadays the business world is changing at a faster and faster pace. The reasons given for this is globalization, highs IT investments and the rapid pace of technological change in combination with escalating costs of research and development (Frishamar, 2002). The role of information technology (IT) has shifted over the last decades (Teng & Calhoun...
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...Alliances Øystein Moen (Corresponding author) Norwegian University of Science and Technology (NTNU) Department of Industrial Economics and Technology Management N-7491 Trondheim, Norway Tel: 47-7359-3505 E-mail: Oeystein.Moen@iot.ntnu.no Ottar Bakås SINTEF Technlogy and Society, Department of Industrial Management N-7465 Trondheim, Norway E-mail: ottar.bakas@sintef.no Anette Bolstad Norwegian University of Science and Technology (NTNU) Department of Industrial Economics and Technology Management N-7491 Trondheim, Norway Vidar Pedersen Investment Office Nordic, Telenor Nordic Finance Snarøyveien 30, N-1331 Fornebu Tel: 47-9823-2599 E-mail: vidar.pedersen@telenor.com Abstract Newly established, technology-based firms entering international markets often have limited resources in terms of capabilities, time, and capital. As a consequence, these firms often use entry modes characterised by low resource commitment, including partnership agreements (strategic alliances). This paper, investigates which partner selection criteria that are important for this group of firms when they are selecting partners. Based on case studies of three Norwegian firms targeting the UK market, five selection criteria have been identified as important (trust, relatedness of business, access to networks, access to market knowledge, reputation), one has been identified as partly important (sharing of financial risk), and ten have been identified as having limited importance. Further,...
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...Case Application 1 : Maersk and Human Resource management Challenges in China 1. Why does human resource management represent one of the major challenges faced by foreign companies entering the Chinese market ? Answer : Human resource management represent one of the major challenges faced by foreign companies entering the Chinese market because the problem which are most important is a qualified manager to lead the operation. In Chinese market, it is the question that whether must use the expat manager from foreign country or use a local talent manager. This comes on the top of other common problems related to human resource management in China, which all western companies have the experienced in one way or another. This issues had been known for a long time, since the beginning of the Deng’s Open Door policy which in 1979 opened China to foreign companies direct investment. 2. What are the main issues expat managers generally face ? Answer: Main issues that expat managers generally face are culture conflict and language skill in complicated Chinese business environment. Chinese is one of the hardest language to learn. Even organizing a banquent can be daunting experience for someone not aquainted with the local culture. Besides that, expat manager who have a solid experience of the country and speak Mandarin is the such high demand that they are normally very expensive. Why don’t foreign companies simply...
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...Running head: CASE STUDY OF CLEANEDISON 1 Case Study of CleanEdison Green Technology Training and Certification Courses Kaplan University CASE STUDY OF CLEANEDISON 2 Abstract This paper is a case study that was conducted with Avi Yashchin, owner and founder of CleanEdison LLC, where he gave details on his business and accounting department. During the interview he spoke about the clean technology training industry, products, services, markets, customer base, and competitors that he has had since opening the business in 2009. After this detailed introduction he answered specific questions from Chapter 1 BTN 1-8 and Chapter 3 BTN 3-8 Beyond the Numbers sections in the accounting textbook Financial Accounting Information for Decisions 6th Edition (Wild, 2012). This paper is a very good introduction to the green or clean technology training field and gives some insight on how someone that was very passionate about the field started and ran a profitable company in this space for 5 years. CASE STUDY OF CLEANEDISON 3 Case Study of CleanEdison Green Technology Training and Certification Courses There are many ways that our modern day society is more conscious of the environment and does their part to reduce the wasting of our resources and looks for other ways of creating alternative energy. For Avi Yashchin, his contribution in trying to reduce the...
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...DATABASE DESIGN Research Paper You are to write a research paper about an approved topic in the field of Information Technology (IT) Management, preferably in the area of Database Systems. The topic must be of current interest to the IT professionals. The deadline for the topic approval is September 20. You must turn into me one page (single-spaced) ‘Abstract’ of your paper by that date. A partial list of journals which publish articles pertaining to the IT area is attached. These publications are some of the source for your research work. Your paper must be between 12 and 15 pages of typed, doubled-spaced text, not including your references and any appendices or attachment. Plagiarism will result in a grade of zero. Your research paper is due on November 29. It will be graded according to the criteria on the attached page Suggested Structure of Research Paper Abstract: Half-page (single spaced) summary of the paper I. Introduction: - Problem Background -Problem Importance - Purpose and contents of this paper i. Target audience of the paper ii. Overall objective iii. Within the overall objective, the specific issues or question addressed in the paper iv. A precise statement of the content of the paper v. Scope and limitation of the paper vi. Usefulness of the paper - How would the target audience...
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...Iridium Case Study Iridium is a famous case in which Motorola and other well known companies invested about $5 billion in a satellite venture that would enable a person to use his cell phone around the world. The investment included more than $2.2 billion in debt. Soon after operations began, the company declared bankruptcy and its assets were ultimately sold for only $25 million, leaving the lenders with a total loss. It is obvious that projections made by the company and endorsed by the most prestigious banks on Wall Street were comical leading to massive losses for banks, debt investors and equity investors. It is also clear that the company made some mistakes in marketing such as not having sufficient phones available after a major advertising campaign. The questions I would like you to address in this case are what was underneath the crazy assumptions and financial projections made by these highly respected financial institutions and how could the banks and other institutions made the loans. Step 1: Skim over the Case Write-ups Because the case was such a dramatic failure, a number of case studies have been written on the case. For background, I have attached three case studies written on the case (one from Harvard, one from Northwestern and one from Thunderbird) as well as financial documents published by the company. You do not have to read everything in detail, but just skim through the readings three cases to get a general idea what the case is about (I...
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...Running Head: Financial Concepts in Guillermo Furniture Store Scenario Financial Concepts in Guillermo Furniture Store Scenario: Discussion and Explanation Writer’s Name Course Name, Semester No, Class Level Supervisor Name August 25, 2009 Abstract Guillermo's Furniture Store Scenario provides the expedient case study for studying the concept of financial principle in the competitive economic environment. The current paper discusses the approach of financial management with correct application of ideas to create value and economic efficiency through analysis of financial transactions to establish the position of Guillermo in market. The Finance Concepts found in the Context of the Scenario Financial principles, financial markets, and business ethics form a foundation for the financial decisions that managers routinely make. Guillermo’s case study shows that the arrival of new competitor from oversees have put unexpected challenges on the financial condition of the company. The principles of finance describe typical behavior in financial transactions and provide guidance for decision making in the case of Guillermo. Competitors have advantage of applying the new technology to produce customized product with precise measurement to meet the demands of customer. Guillermo is also seeing the issue of rise in labor cost due to economic prosperity of the city. Since financial self-interest guides rational decision making, Guillermo has to reestablish its position...
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...Summary of LEEDCo Case Study The case study provides a historical insight into the wind-based renewable energy source, and brings to light LEEDCo—a regional non-profit and economic development organization, that is engaged in creating an offshore wind energy industry in Ohio. As commonly known, wind power is derived from airflow using wind turbines or sails to produce mechanical or electrical power. Typically, the mechanical power is harnessed from windmills, and transferred to an appropriate application, which requires power. Wind energy has been and currently is a preferred alternative to fossil fuels, on account that it is plentiful, renewable, widely distributed, clean, produces no greenhouse gas emissions during operation and uses little land. The effects on the environment are generally less problematic than those from other power sources. In the forefront of the case, a historical brief is given, depicting wind energy source history, its current utilization throughout the world in contrast to its harnessing and utilization in the US, and both the highlights and the troughs of wind-based energy industry development in the US. The examples and arguments for the above are structured in the context of economical, political, and social boundaries, and give the reader a good taste of what the “lay of the land” looks like. In August 2009, Lake Erie Energy Development Corporation (LEEDCo) found its beginnings from the Great Lakes Energy Development Task Force (GLEDTF)...
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...SRM University MBA - Revised Curriculum - 2013-14 Semester –I Thinking and Communication Skills (Practical) Accounting for Decision Making Philosophy for Management Economics for Managers Managerial Statistics Managerial Skills (Practical) Semester-II Financial Management Management Information System Marketing Human Resource Management Production And Operation Management Legal Aspects of Business Semester- III Summer Internship (8 weeks)(Practical) Entrepreneurship Strategic Management Business Analytics (Practical) Elective-1 Elective-2 Elective-3 Elective-4 Semester- IV Elective-5 Elective-6 Industrial Elective (Practical) Total Credit L 0 2 3 2 2 0 T 0 4 0 2 4 0 P 4 0 0 0 0 6 C 2 4 3 3 4 3 19 4 3 4 2 4 3 20 2 3 3 2 3 3 3 3 22 3 3 5 11 72 MB 13207 MB 13208 MB 13209 MB 13210 MB 13211 MB 13212 MB 13313 MB 13314 MB 13315 MB 13316 2 2 3 2 3 2 0 2 2 0 2 2 2 2 2 2 0 4 2 2 0 2 2 0 2 2 0 2 2 2 2 2 2 0 0 0 0 0 0 0 4 0 0 4 0 0 0 0 0 0 10 MB 13417 Functional Electives Marketing Finance Systems Human Resource Operations Vertical Electives Pharma Hospitality Enterprise Resource Planning Agriculture Hospital and Health Care Retailing Auto Industry Project Management Media and Communication Banking Financial Service Insurance 2 MB 13FM01 MB 13FM02 MB 13FM03 MB 13FM04 MB 13FM05 MB 13FM06 MB 13FM07 MB 13FM08 MB 13FM09 MB 13FM10 MB 13FM11 MB 13FM12 MB 13FM13 MB 13HR01 MB 13HR02 MB 13HR03 MB 13HR04 MB 13HR05 MB 13HR06 MB 13HR07 MB 13HR08 MB 13HR09...
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...China, Jamaica, and America Ethics Case Study Tammy M Langewisch Eth/557 December 3, 2012 Andrew Sargent, MBA, JD China, Jamaica, and America Ethics Case Study In the article, “A Study of Differences in Business Ethical Values in Mainland China, the U. S. and Jamaica,” writes about the results of a second research performed that compares what has been considered third world countries, Mainland China and Jamaica, to the United States (U. S.), and how each countries culture impacts ethical decision making in businesses. The study contained five vignettes and two hypotheses. The vignettes were scenarios in which the subjects responded to, according to what they believed were ethical or those that were not. This paper will cover the culture that impacts China and Jamaica, the results of the research and ethics plays a role in decision making for financial, environmental, and cultural issues; how the concepts of positive and normative economics are reflected; and how market efficiency, economizing, and the market system affects these ethical issues in each country compared to the U. S. Ethics in Financial, Environmental, and Cultural Issues Mainland China was a socialist-based economy that converted to free market over 25 years ago. China’s culture is founded upon Confucian and Maoist, rather than capitalist, which impacts ethical decisions made by Chinese business leaders (Fok, Hartman, & Kwong, 2005). Jamaica’s heritage is capitalist and it is a low uncertainty...
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...Syllabus Certified General Accountants Association of Canada 100 – 4200 North Fraser Way Burnaby, British Columbia Canada V5J 5K7 www.cga-canada.org © CGA-Canada, 2013 All rights reserved. These materials or parts thereof may not be reproduced or used in any manner without the prior written permission of the Certified General Accountants Association of Canada. Printed in Canada ISBN for an individual volume: 978-1-55219-599-4 About CGA-CANADA _________________________________________ CGA-Canada today The CGA designation focuses on integrity, ethics, and the highest education requirements. Recognized as the country’s accounting business leaders, CGAs provide strategic counsel, financial leadership, and overall direction to all sectors of the Canadian economy. The Certified General Accountants Association of Canada — CGA-Canada — sets standards, develops education programs, publishes professional materials, advocates on public policy issues, and represents CGAs nationally and internationally. The Association represents 75,000 CGAs and students in Canada, Bermuda, the Caribbean, Hong Kong, and China. Mission CGA-Canada advances the interests of its members and the public through national and international representation and the establishment of professional standards, practices, and services. A proud history CGA-Canada was founded in Montréal in 1908 under the leadership of John Leslie, vicepresident of the Canadian Pacific Railway. From the beginning, its objective...
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...Part One 1. Business Statement – Summarize in one paragraph the business of WW. Refer to Case Study. Wobbly Wheels is a regional transportation and distribution company headquartered in Wilmington, Delaware. The business provides reliable and speedy shipping and distributions to customers in between their 6 distribution terminals the mid-Atlantic region (Philadelphia PA, Baltimore MD, New York City NY, Washington DV, Newark NJ and Wilmington DE). 2. Business Strategic Objectives - From the information in the Case Study, list the three strategic objectives. Next add a new strategic objective of your own - one that you consider important to the current and future health of WW’s business. It should be a statement of how the management team would improve the business of WW. In order to meet with growth and cost goals, three strategic objectives were identified in a recent management team meeting: 1. “Provide warehousing services for customers” who want to reduce delivery time to their customers by having product available locally. 2. “Improve the percent of loaded miles” in the fleet to reduce cost by coordinating pickup and delivery of the freight at the same time in the same geographic area 3. “Provide customers with accurate delivery dates and times” by tracking freight in the terminals and on the trucks. An additional goal, which I see neglected is the company’s performance goal in providing speedy pickup and delivery goals; Wobbly Wheels’ goal...
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