...Vega Food Company Executive Brief The Vega Food Company was a Spanish meat-processing business that produced hams, sausages, and other delicacies for domestic and export markets. The $100 million company, owned and managed by the Valle family, had a Randall reputation for quality products in the marketplace. Francisco Jr., 45, had worked with his father Francisco Valle since 1976 and became president in March 1994, when his 72-year-old father was killed in an automobile accident. Francisco Valle, Jr., held the first family council meeting in the family's history in February 1997. While he liked the concept of a family council as a forum for family issues, he was most concerned that the problems he was having with his youngest sister, Mari, and possibly his other sisters, needed to be addressed. The ownership structure of Vega Foods included two classes of stock, responding to Francisco's concern with the possible loss of control of the enterprise in his absence. Francisco Jr. and Isabel, Francisco Valle Sr.'s surviving spouse, each held 50% of the voting shares and therefore controlled the corporation. Nonvoting dividend-paying shares were held by each of Francisco's five sisters (15% each), Isabel (5%), and Francisco (20%). Isabel was also a very positive influence in the family's culture. Her daughters described Isabel as the glue that kept the family together. Francisco considered her a wise adviser and a positive influence with his sisters. Except for brief stints, none...
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...fathers of Las Vegas development. As the former president and CFO of Candid Resort Group, you transformed the south end of the Las Vegas Strip into prime real estate, desirable to both the high-end leisure and convention markets. As the co-founder, CEO and president of Florentine Resorts LLC, you have a mission to redefine luxury by building another iconic hotel and casino in Las Vegas once the Florida Florentine hotel project can be negotiated. James Foster hired you largely due to your track record and ability to attract key investors. In fact, the executive chairman of the investment group who funded the Candid Bay project, cited your knowledge of the “casino resort experience” and “successful career at Candid Resort Group” as reasons for his company’s decision to invest in Florentine Resorts, LLC. Consequently, you have focused most of your efforts on securing $2.4 billion in funding for the Las Vegas location while James Foster has been working on the Miami Beach location. Although you have had limited contact with the Oasis deal, it is essential that you align strategies with James, whom you think will probably want to lead the Florentine negotiation team. You would be willing to partner with James Foster as co-lead in this negotiation team, but only if he is willing to acknowledge and show some respect for your many years of history in resort development. James has primarily been a residential developer and has had one recent success in Las Vegas; but now he...
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...this case, Dobos was clearly in need of emergency care, and there was no question of her doctor’s professional judgment in ordering the nursing services or of the necessity of those services to Dobos's recovery. Thus, Nursing Care's provision of in-hospital services clearly falls within the emergency services exception. Further, Dobos knowingly accepted the in-home care provided by Nursing Care. Dobos would be unjustly enriched if Nursing Care were not compensated for its services. The judgment below is reversed, and the case is remanded with instructions to enter judgment in Nursing Care's favor for the full $3,273.90, plus interest and costs. Commerce Partnership 8098 Limited Partnership and Forest-English, Inc. v. Equity Contracting Company, Inc., 695 So. 2d 383 (Fla. Dist. Ct. App. 1997). FACTS: Commerce Partnership 8098 Limited Partnership (Commerce) (defendant) owned an office building. Commerce contracted with World Properties, Inc. (the general contractor) to perform improvements on the building. The general contractor contracted with Equity Contracting Co. (Equity) (plaintiff) to perform work on the office building. Both Commerce and the general contractor inspected Equity’s work as it progressed. When Equity completed its work, Commerce inspected it and asked Equity to do some repairs. Equity asked for partial payment before starting the repairs, which Commerce refused. Equity filed suit against the general contractor, who filed for bankruptcy. Equity then filed suit...
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...this still requires treatment from hospitals. 3. An antitoxin is administered to Kevin at the earliest opportunity. Antitoxin is derived from horse serum that is distributed by the Centers for Disease Control and Prevention. Antitoxin is effective against toxin type A,B and E and these of the4 toxins that are in the botulinum toxin and that is what unattached the nerve endings. Antibiotics cannot be administered to botulism because the Clostridium groups of toxins are not sensitive to them. Antibiotics are discouraged for infants because of the bacteria that could potentially be released into the child’s system. 4. Usually eating honey, eating fish that has picked up salinity or acidity of brine can cause botulism, so home canned foods can carry botulism or just by putting your fingers in mouth (fingers with dirt on them) can give you botulism....
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...CHAPTER 1 INTRODUCTION 1.1 Background of the Study Kasilak Development Foundation or KDFI is a non-stock, non-profit social development organization: Its primary purpose is to uplift the socio-economic condition of the communities living in a peacefully and ecologically balanced environment. http://www.kasilak.org Furthermore, Kasilak Development Foundation Incorporated (KDFI) was created in 1997 by Stanfilco as a partner in promoting a strong and excellent service to all communities in all area of operations in Mindanao. Kasilak has provided the Mindanao area with sustainable farming, social services and programs that will improve the quality of life. It was through KDFI that Stanfilco built strong relationships with the people living in the different communities. KDFI is dedicated to achieved the goals specifically in providing peaceful ecologically balance environment. Thus, Stanfilco’s community programs are managed and lead by Kasilak Development Foundation Inc. It was March 3, 1997 that Kasilak was organized as a Corporate Social Responsibility of Stanfilco, and was subsequently registered with Securities and Exchange Commission (SEC) on June 2, 1997 with registration no. D1997-00568. As a multinational corporation in the Asia Pacific, the US government started a partnership with Stanfilco to implement environmental projects. It started with the reforestation project entitled “Libuganon River Reforestation Project” which was co-funded by Dole Philippines...
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...COMPARATIVE STUDY OF CONSUMER AND TRADE SALES PROMOTIONAL SCHEMES OFFERED BY BISCUIT BRANDS WITH SPECIAL REFERENCE TO ANMOL BISCUITS IN BAREILLY CITY Partial Fulfillment of the Requirements for the Award of Post Graduate Diploma in Management (Recognized by AICTE, Ministry of HRD, Govt. of India) By Mohd Zuvair PG- 120-30 Batch 2012-14 Under the guidance of Prof. Kamal K. Gupta Associate Professor, Department of Marketing Research INMANTEC, Ghaziabad Integrated Academy of Management and Technology Ghaziabad July 24, 2013 COMPARATIVE STUDY OF CONSUMER AND TRADE SALES PROMOTIONAL SCHEMES OFFERED BY BISCUIT BRANDS WITH SPECIAL REFERENCE TO ANMOL BISCUITS IN BAREILLY CITY Summer project submitted In Partial Fulfillment of the Requirements for the Award of Post Graduate Diploma in Management (Recognized by AICTE, Ministry of HRD, Govt. of India) By Mohd Zuvair PG- 120-30 INMANTEC Integrated Academy of Management and Technology Ghaziabad July, 2013 ACKNOWLEDGEMENT I owe a deep gratitude and heartfelt thanks to Dr Kamal K. Gupta, Associate Professor, Department of Marketing Research, INMANTEC B-School, Ghaziabad; who has encouraged and guided me throughout my research work. I also express my heartfelt gratitude to him for his unmitigated support, meticulous reviews, in depth inquiries and advice on work. It has added immense value to the report. I am extremely thankful to Mr. Mritunjay Sharma, General Manager Sales (North India)...
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...Production 3. Expand to Europe More Aggressively 4. Diversify Product Line 1.Concentrate on the Americas Based on our analysis of Chiquita Banana’s financial struggles we have a number of possible solutions for improving the company. Chiquita Bananas had no way of predicting that the European Union would favour its former colonies over Chiquita’s locations in Latin America. After the European Union put quotas and tariffs on Chiquita’s products, Chiquita should have re-evaluated whether or not to continue to export to Europe. Although they would lose a significant amount of business if they stopped exporting to Europe, the reason they were in debt in the first place was because Europe restricted import of their products and this was a problem since Europe was Chiquita’s main market. If the company had concentrated within the Americas then they would not have been forced into so much debt. 2. Diversify Production In order to limit the amount they were affected by natural disasters, the company could have grown bananas in other parts of the world. This would be better for the company because if natural disasters did strike in an area where they grow their products then it would not be such a financial blow as they would have more sources to receive their product. The only problem with this solution would be that it may cost more to be located in other areas, however...
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...Article Summary Dole Food CEO to pay $148 million On August 27, 2015, Dole Food CEO David Murdock and his former top executive was ordered to pay in the amount $148 million for the damages for misleading directors and shareholders back in 2013. Mr. Murdoch and former Dole president and COO C. Michael Carter, has taken $1.2 billion cash out as result in shortchanged when he took the company private. Delaware Vice Chancellor believed the shareholders approved the transaction that Mr. Murdock's initial $12 per share offer to a deal price of $13.50 was the issue and result in a lawsuit. Laster finds Mr. Murdock and C. Michael Carter engaged in a fraud that caused damages. It appears that fair price was not immunize and was represented in increasing value of $2.74 per share. The lawyer, Stuart Grant who is the representative for shareholder stated that both executives to exclude defendants to profit from their breaches. In addition, when Mr. Murdock proposed buyout, his top executive Mr. Carter falsely made disclosure how much money can be saved by selling it’s half of the business 2012. And the fact that Mr. Carter followed the plan of Mr. Murdock. On the other hand, Deutsche Bank was not in part of the litigation on breaches in which led to a liability. It appears how unethical for both executives to gain profit by falsely giving wrong information to the shareholders of the company. Mr. Murdock ordered Mr. C. Michael Carter to plan the transaction. They have knowingly...
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...Introduction…………………………………………………………………………………………3 Overview of the Company Current Strategies Current Mission External Environment…………………………………………………………………………….4 Assessment of External Environment Porter’s Five Forces Assessment of Strategic Groups Key Competitors Internal Environment……………………………………………………………………………..7 Value-Chain Analysis SWOT Analysis Financial Statement Analysis Analysis of Financial Data Key Resources and Capabilities Internal Efficiency and Cost Savings Industry Analysis Analysis of Marketing Position………………………………………………………………..18 Company & Industry Growth Marketing Strategies Analysis of Management Stock Performance International Strategies Strategic Position…………………………………………………………………………………21 Current Core Competencies Competitive Advantages Performance Indicators Recommendations and Discussion………………………………………………………………23 Long-Term Options SBU Level Recommendations Short-Term Options Corporate Social Responsibility Environment and Sustainability Introduction Las Vegas Sands Corporation (LVS) is a multinational casino and resort company that began in 1989 when Sheldon Adelson purchased the Sands Hotel in Las Vegas, Nevada. Since 1990, LVS has grown into a luxury hotel, entertainment, and gambling corporation with locations in the United States in China. Among their most well-known American properties are The Venetian and Palazzo, both of which are in Las Vegas, and they also boast ownership of the Four Seasons Hotel...
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...Part 1: Defining Marketing and the Marketing Process (Chapters 1–2) Part 2: Understanding the Marketplace and Consumers (Chapters 3–6) Part 3: Designing a Customer-Driven Strategy and Mix (Chapters 7–17) Part 4: Extending Marketing (Chapters 18–20) After examining customerdriven marketing strategy, we now take a deeper look at the marketing mix: the tactical tools that marketers use to implement their strategies and deliver superior customer value. In this and the next chapter, we’ll study how companies develop and manage products and brands. Then, in the chapters that follow, we’ll look at pricing, distribution, and marketing communication tools. The product is usually the first and most basic marketing consideration. We start with a seemingly simple question: What is a product? As it turns out, the answer is not so simple. Chapter Preview 8 Products, Services, Building and Brands Customer Value Before starting into the chapter, let’s look at an interesting brand story. Marketing is all about building brands that connect deeply with customers. So, when you think about top brands, which ones pop up first? Perhaps traditional megabrands such as Coca-Cola, Nike, or McDonald’s come to mind. Or maybe a trendy tech brand such as Google or Facebook. But if we asked you to focus on sports entertainment, you’d probably name ESPN. When it comes to your life and sports, ESPN probably has it covered. W The ESPN Brand: Every Sport Possible—Now Television: From its original...
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...proposal to initiate air service between phoenix, Arizona and Las Vegas, Nevada. The route would designed primarily to serve the recreation and tourist travelers that frequently travel between the two cities. By offering low-cost tourist fares, the airline hopes to persuade persons who now travel by other modes of transportation to switch and fly 'Trans Western' on this route. In addition, the airline expects to attract business travelers during the hours of 7 am to 6 pm on Mondays through Fridays. The fare price schedule or tariff would be designed to charge a higher fare during business-travel hours so that tourist demand would be reduced during those hours. The company believes that a business fare of $75 one way during business hours and a fare of $40 for all other would result in the passenger load being equal during business-travel and tourist -travel hours. To operate the route, the airline would need two 120 passenger jet aircraft. The aircraft would be leased at an annual cost of $3,800,000 each. Other fixed costs for ground service would amount to $1,500,000 per year. Operation of each aircraft requires a flight crew whose salaries are based primarily on the hours of flying time. The costs of the flight crew are approximately $400 per hour of flying time. Fuel costs are also a function of flying time. These costs are estimated at $500 per hour of flying time. Flying time between Phoenix and Las Vegas is estimated at 45 minutes each way. The costs associated...
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...[pic] Keuka College Bachelor of Science in Management List 1. Develop a Porter 5-forces model of the casino industry. Make sure you discuss each of the five forces in a separate paragraph or section 3 2. How are the gambling companies in Las Vegas responding to the changes in the industry structure and the increased competition . 21 3. How have the casinos in Atlantic City tried to compete with Las Vegas? What threats do they face . 23 Chen Huisheng 323945 Lin Weijie 324066 1.Develop a Porter 5-forces model of the casino industry. Make sure you discuss each of the five forces in a separate paragraph or section. For purposes of this case, we will define the casino industry as including full-service, diverse entertainment (i.e. traditional) casinos of Las Vegas and Atlantic City, and treat other gambling alternatives (e.g. Native American casinos, riverboat gambling, etc.) as substitutes. When discussing each of the five forces, be sure to consider each of the factors relevant to each of these five forces as we discussed in class. In terms of Porter’s 5 forces analysis, the bargaining power of suppliers is weak because of the fact that casinos basically provide their own services with internal resources, such as employees properly trained in various casino games. The bargaining power of customers is strong, especially because even a slight change in the demand for casino services could directly impact the revenues of the industry...
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...within the first 6-8 years. We are tentatively with contacts from regional Hotel management companies as well as casino managements for partnerships in our operations. We see the necessity to have this run like a four star hotel but with the relaxed nature of a holiday theme park with a casino. For our purposes of this project we are leaning toward Harrah’s Management Company. Harrah’s has the experience and technical know-how to handle all aspects of this venture and we would be pleased to have them as a strategic alliance. Financial planning Costs Interest Rate Per Month Property ground Lease and construction financing $22,000,000.00 8.5 $249,613.57 Santa Cruz Roller Coaster ($3.5 cost p/r) $1,500,000.00 8.5 $17,019.11 Ferris Wheel (168 person-6per cabin) ($2.5 cost p/r) $1,000,000.00 8.5 $11,346.07 Merry-Go Round ($1.5 cost p/r) $500,000.00 8.5 $5,673.04 Boardwalk design and build-out $5,000,000.00 8.5 $56,730.36 Financing Cost $340,382.15 Revenues Hotel Night 100% oc 75% occ month occ (20 nights) 115 hotel rooms Average $125 $22,425.00 $16,818.75 $336,375.00 Daily expected rider count of 3000 each Santa Cruz Roller Coaster ($3.5 cost p/r) $10,500.00 $7,875.00 $157,500.00 Ferris Wheel (168 person-6per cabin) ($2.5 cost p/r) $7,500.00 $5,625.00 $112,500.00 Merry-Go Round ($1.5 cost p/r) $4,500.00 $3,375.00 $67,500.00 Food and incidentals Per Month Restaurant 1 Snack Shop $3,500.00 $2,450.00 $49,000.00 Restaurant...
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...that have to be taken into account in designing an organization. In our research R.T. athletics has gather that Environmental analysis of the forces and trends in customer profiling provides sound knowledge of the demographics, personalities, and physical surroundings, as well as, purchasing power and behaviors of customers, (Pearce & Robinson, 2011). Determining the competitive position of other athletic training agencies within the Las Vegas area assists R.T. Athletics in creating unique services and care that sets them apart from other agencies. Identifying what has and has not worked for its competitors also provides the agency with insight into what methods are detrimental, and which ones are successful. R.T. Athletics managers conduct bi-annual assessments within the sports athletic industry. Therefore, understanding the macroeconomic factors involve the creditworthiness of the business as well as interest rates, inflation rates, and other trends affecting the current status of the economy, (Pearce & Robinson, 2011). Las Vegas, Nevada is a vast, diverse, melting pot of individuals from various races, classes, nationalities, and religions. As a result, there is a great demand for the availability of services of R.T. Athletics across the city for all persons. Introduction In this paper R.T. Athletics will examine the internal and external environmental, macroeconomic forecast, and non-economic factors that will assist R.T....
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...COMPANIES AND THEIR MARKETING OPPORTUNITIES Evelyn Henck American Intercontinental University 05/13/12 Abstract In the following research paper, we will be discussing three companies: Harley Davidson, Wawa Food Markets and Rita’s Water Ice. We will discuss three marketing opportunities for each company that they should pursue. Company #1: Harley Davidson Marketing opportunity #1: Motorcycles for Women I would categorize this opportunity as a home run. This would be a very large project that would take a lot of risk. In 2012, Harley Davidson made 34 new motorcycles for women to ride. The opportunity is already being worked on, it just needs expanding. I believe it would have a positive impact on public relations and would greatly improve profits. As I drive anywhere, I notice that more and more women are starting to ride motorcycles. Marketing opportunity #2: Motorized Motorcycles for kids As all parents know that have children, power wheels makes motorized vehicles for children to ride. I strongly believe that Harley should introduce a kid’s motorized vehicle. I would categorize this opportunity as a single. I do not think that it would be a great expense or risk to introduce this line. I think it would be a positive impact on public relations, especially to those parents who own Harley motorcycles already. I believe that this opportunity may only be a minor improvement to the financials. Marketing opportunity #3: Sponsoring...
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