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Words 711

Pages 3

Case

GR Hotels (Sample Case Examination)

Strategic Issues

Upgrade existing properties to attract more business travellers Purchase Calgary hotel Exercise option on land in Montreal and build conference centre or sell the land Providing additional in-room services

Operational Issues

Budgeting and financing relating to upgrading the existing properties, buying the Calgary property, or building the conference centre Training related to improving services in upgraded hotels Various issues associated with Calgary hotel being considered for purchase Occupancy rates lower than benchmark hotels suggesting image management issues at existing properties Ethical and control issues within the current operations and the possible Calgary purchase Lack of independence in current board Opening a new warehouse to serve the Ontario and Quebec stores Lack of independence in current board Cash flow issues caused by need to repay loan to shareholder Succession planning Budgeting relating to offering new products Budgeting relating to opening new stores Inventory valuation for financial reporting Various ethical issues relating to operating the current stores Lack of incentive compensation systems

Concepts/Tools Examined

Net present value CCA analysis Mark to market financial accounting issues Profit analysis Opportunity cost Financing Asset valuation Restrictive covenant in current financing agreement Financial statement (ratio) analysis HR issues relating to implementing performance evaluation and incentive compensation systems

Opening new stores in BC, Alberta, and Ontario Expansion into collectible plates Expansion into DVD sales

CML (May 2008 Case Examination)

CCA Analysis New product profit analysis Net present value analysis GAAP rules relating to…...

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...Introduction to Randomness and Random Numbers. Randomness and random numbers have traditionally been used for a variety of purposes, for example games such as dice games. With the advent of computers, people recognized the need for a means for a means of introducing randomness into a computer program. Surprising as it may seem, however, it is difficult to get a computer to do something by chance. A computer running a program follows its instructions blindly and is therefore completely predictable. Computer engineers chose to introduce randomness into computers in the form of pseudo-random number generators. As the name suggest, pseudo-numbers are not truly random. Rather, they are computed from a mathematical formula or simply taken from a pre-calculated list. A lot of research has gone into pseudo-random number theory and modern algorithms for random numbers have the characteristic that they are predictable, meaning they can be predicted if you know where in the sequence the first number is taken from. For some purposes, predictability, is a good characteristic, for others it is not., Random numbers are used for computer games but they are also used on a more serious scale for the generation of cryptographic keys are for some classes of scientific experiments. For scientific experiments, it is convenient that a series of random numbers can be replayed for use in several experiments, and pseudo-random numbers are well suited for this purpose. For cryptographic use,......

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...environment at hand and lastly the cost of establishment and implementation of a HR department. Descriptive study has been undertaken to address this paper due to the absence of HR department in the university. Through this study feasibility of an HR department is inquired. The methods used for data collection and research is entirely based on a survey which consists of a combination of questionnaires and interviews which have enabled us to collect primary data for this study as no secondary data can be found due to the absence of the HR department in the university. Multi-stage sampling was carried out where sampling is conducted by using 2 techniques. Here they used random sampling and systematic sampling. Faculty members and employees from the administrative staff were selected as sample. Although selection was random but was based on certain set of rules i.e. systematic sampling. Faculty members were selected from all departments but on the basis of specific seniority where faculty members defined as assistant professors and senior lecturers with at least 1 year experience. In case of administrative staff their seniority and experience in the campus was highly considered when drawing a sample. The sample size for research consisted of 30% of the total number of faculty members, therefore 25 faculty members and about 5 staff members from the administration department. Q2. Why did the author select these methods for his research paper? Ans2. We will describe the......

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