The manager of the international department of the McAllen Bank learns on the way to work that the ship on which a local exporter shipped some goods has sunk. The manager has received all the documents required in the letter of credit and is ready to pay the exporter for...
To keep pace with the increasing competition in the global environment, Ikea needs to keep expanding its activities to maintain its market presence in Russia. It has not been able to ease itself into the Russian market by acquiring existing businesses or by establishing a joint venture with a profitable...
Introduction Alitalia is regarded as an Italian national airline with its headquarters based in Rome with its main base situated at the Malpensa International Airport in Milan. This airline is reported to be serving more than one hundred airports with almost three thousand flights every week. (Alitalia, 2006) This airline...
The Charleston Copier rehabilitation facility is affected by various operational and managerial problems. Most of the problems are resulted from lack of regular supply of the copiers from distributors. From the investigation we understood that the arrival of the copiers from distributors through out the country to the facility centre...
Customer service refers to the activities that aim at meeting the needs of the customers. The overall objective of any customer service strategy is to bring about customers satisfaction. Customer satisfaction is a very important barometer for measuring the extent to which the needs of customers are met by a...
Introduction Srategic planning process is very crucial in driving organizational productivity and performance. However, the effectiveness of a strategic planning process is dependent upon several factors that are deemed crucial. They are inclusive of the involved stakeholders since they are the main players in organizational operations. This is in addition...
The Sarbanes–Oxley Act, also known as SOX, is, perhaps, one of the most famous statewide standards for public organizations in general and public accounting companies in particular. Presupposing that the accounting process should be supervised more closely, the law presupposes that closer supervision of the accounting processes within a company...
Transaction risk is the threat of loss because of insufficient personnel in the business or deficient systems while financial risk, is a nutshell of abundant variety of hazard linked to financing. Some of the financial risks affecting Gumpbell manufacturers are: The price Selling price is the determinant factor for business...
Business Risk Factors Response Possible Effect(s) on the Audit What are the entity’s major sources of revenue and what is the nature of its products and/or services? The major sources of revenue are sales of computers, software, mobile communication and media devices. The company nature of the product is the...
The Brand’s Equity of CareSuper: The CBBE Model The superannuation industry actively develops in Australia, and the question of the established funds’ brand equity can be discussed as urgent. The Australian superannuation industry consists of “352 institutional funds and … the institutional sector, consisting of the not-for-profit funds … and...
More often, people come up with innovative ideas which are then translated into projects which if implemented by companies can lead to the growth of the company but fails to garner enough support from both formal and informal leaders for them to get implemented. The issue of forwarding an idea...
The break-even analysis gives the number of units of output that must be produced and sold that will ensure that the total cost incurred equals the total revenue earned. Therefore, it will give the minimum number of units of goods that need to be produced and sold to enable the...
Subject Haig Simmons v. Baltimore and Arundel Tax Collection Offices U.S. xxx (2014) Facts about the taxpayer Haig Simmons owns and manages an anthracite coal home and delivery service in Baltimore and Anne Arundel counties. She has realized that the demand for coal is lower during summer and higher and...
Activity-based costing is a method that assigns costs to products or services depending on the amount of wherewithal that they consume. Managers can use this costing method for internal reporting on costs and decision-making (Freedman 2012). Even though the ABC system is only suitable for internal financial reporting, organisations can...
Introduction In finances, ethics is traditionally defined as a subset of general ethics that considers ethical dilemmas in the subfield of finance (Garcia-Ruiz & Edwards, 2011, p. 177). It should be noted, though, that financial ethics is split into two categories, i.e., “normative” and “positive,” the former embracing the principles...
Current ratio Current ratio measures the company ability to meet its short term maturing obligation to its creditors or suppliers; it is a measure of a company’s solvency (Microstrategy.com, 2011). A current ratio of more than one represent a margin of safety for the creditors or suppliers, where the higher...
Drop Trailer Masters (DTM) is a 10 year old haulage firm that specializes in the transportation of cargo to and from seaports and airports around the country. DTM has offices in all major industrial cities and next to all the key ports in the country with fully automated services. The...
Introduction Enterprise Resource Planning refers to an approach or process implemented with a prime objective of merging all the departments and business functions within an organization into a single in integrated computer system that meets the information units of every business unit within the organization (Alexis, 2007). The outcome of...
Collaborative competencies refer to the knowledge, skills, and attitudes needed when working in a team. Healthcare teams are usually composed of various health professionals. For example, an inter-professional team may be made of physicians, nurses, pharmacists, physiotherapists, dentists, and nutritionists. In the current scenario, the only members of the healthcare...
The economic downturn caused Walmart’s private label sales to increase. Many consumers who had never tried private label products were forced to do so because of financial strains. What was surprising to them was that private labels were just as good as branded products, if not better. Walmart, therefore, generated...