Wolfhowl Ltd. was incorporated in Banff, Alberta in 1961. Despite its Canadian charter, the Company has never carried on business in Canada. However, until 1971, all meetings of the Board of Directors were held in Banff. Since 1971, all board of directors’ meetings have been held in Wyoming. Determine the residency status of Wolfhowl Ltd.

Q6: A soft drink company has two bottling plants, one located at P and the other at Q. Each plant produces three different soft drinks A, B, and C. The capacities of the two plants in number of bottles per day, are as follows:

A market survey indicates that during the month of May, there will be a demand for at least 24000 bottles of A, 16000 bottles of B and 48000 bottles of C. The operating cost per day of running plants P and Q are respectively $600 and $400. Formulate a model for this problem to find how many days should the firm run each plant in the month of May so that the production cost is minimized while still meeting the market demand.

Solution:

Choose a company (one where you work or have worked for) and consider key stakeholders that the company has. Focus on 2 stakeholder groups: portfolio sponsors and portfolio governance. What role do they have as stakeholders? What are their interests in the company? What are their expectations?


What are the four ways in which an agency relationship can be created? Give details

subject-legal aspects of transportation management

Mobile and wireless devices are being increasingly used in the health care industry. Write a two-page paper that outlines five applications of these devices in this industry. Also, identify three mobile apps that could be used by medical personnel to increase their productivity.

Q2: A small manufacturer employs 5 skilled men and 10 semi-skilled men and makes an article in 2 qualities, a deluxe model and an ordinary model. The making of a deluxe model requires 2 hours work by a skilled man and 2 hours work by a semi-skilled man. The ordinary model requires 1 hour work by a skilled man and 3 hours work by a semi-skilled man. By union rules no man can work more than 8 hours per day. The manufacturer’s clear profit of the deluxe model is $ 10 and of the ordinary model is $8. Formulate the model of the problem.

Solution:

Explain one of the Rater Errors and the consequences of that error. What training and/or systems would you put in place for the leadership of an organization in order to reduce the impact of that Rater Error on performance management? The Rater Errors are stereotype error, attribution error, spillover error, halo error, and primary error.

The subject is Evaluation, Coaching, and Mentoring

Read the article 10 Pricing Strategies That Can Drastically Improve Sales  (Links to an external site.)

2. Locate an example of any one of the Pricing Strategies and post a link to the product in the forum.

3. Explain the advantages of this Pricing Strategy and the disadvantages of this Pricing Strategy.

4. Answer the following question: have you ever bought a product that was priced using this strategy? Why or why not?

Q1: A firm produces 3 products. These products are processed on 3 different machines. The time required to manufacture 1 unit of each of the 3 products and the daily capacity of the 3 machines are given in the table below:

It is required to determine the daily number of units to be manufactured for each product. The profit per unit for product 1, 2, and 3 is $4, $3, and $6 respectively. It is assumed that all the amounts produced are consumed in the market. Formulate the mathematical model for the problem.

Solution:

Cisco and Polycom are two major vendors of telepresence products. Write a one-page paper that identifies one top-of-the-line product from each company. Which product would you recommend to any company? What are you basing your recommendation on? What are two advantages of using a telepresence system compared to a face-to-face meeting? What are two disadvantages?

Case 10.1

"Pauline McKee, an 87-year-old grandmother, was attending a family reunion at the Isle Casino Hotel Waterloo, a combination hotel and casino. One evening she and several members of her family gambled at the casino. McKee was playing a penny slot machine called “Miss Kitty.” A person wins at the Miss Kitty game by lining up different combinations of symbols from left to right on the slot machine screen. The game includes a button entitled “Touch Game Rules” in the lower left-hand corner of the screen. Tapping this button displays the rules that govern the game and a chart describing potential winning combinations of symbols. These rules do not mention any additional bonus, jackpot, or prize available to a person playing the Miss Kitty game. The rules state “MALFUNCTION VOIDS ALL PAYS AND PLAYS.” A sign posted on the front of the machine reiterates “MALFUNCTION VOIDS ALL PAYS AND PLAYS.” McKee did not read the rules before she played the slot machine.

While playing the game, McKee won $1.85 based on how the symbols had lined up on the slot machine screen. However, at the same time a message appeared on the screen stating “Bonus Award $41797550.16.” The casino paid McKee $1.85 but refused to pay the alleged bonus, claiming it was an error and not part of the game. McKee sued the casino in district court to recover $41,797,550.16. The casino introduced evidence that the appearance of the bonus on the screen was an error in the computer system of the game. The casino made a motion for summary judgment, which was opposed by McKee. The district court held that the rules of the Miss Kitty game were an express contract between McKee and the casino. The court granted summary judgment to the casino. McKee appealed.

Issue

Was there a contract between the parties that provided for the payment of a bonus when playing the Miss Kitty slot machine?

Language of the Court

Gambling contracts are governed by traditional contract principles. We agree with the district court that the Miss Kitty rules of the game are the relevant contract here and that they form an express contract. Further, it is undisputed the rules of the Miss Kitty game did not provide for any kind of bonus. Hence, in our view, McKee had no contractual right to a bonus. Nor is it relevant that McKee failed to read the rules of the game before playing it. It is sufficient that those rules were readily accessible to her and she had an opportunity to read them. On the play in question, the alignment of the reels entitled McKee to a prize of $1.85, and the casino paid it to her, fulfilling its side of the contract.

Decision

The Supreme Court of Iowa affirmed the district court’s grant of summary judgment in favor of the casino."

Read Case 10.1 in your text.

A) Do you think the Court ruled correctly? Why or why not?

B) What does the term "a contract is a contract is a contract" mean and how does it relate to this case?

C) Identify two (2) other examples when people may not read rules or provisions of service that may affect them if there is a problem.

D) Pick an ethical principle that the casino followed by not paying the bonus.

Of the five common characteristics of high quality information (accuracy, completeness, consistency, uniqueness, timeliness) which do you think is the most difficult to maintain and why? What steps should organizations take to ensure this characteristic?

Using the Amazon case please answer the following question:

Describe Amazon's strategic approach to mergers and acquisitions. How has the approach helped Amazon be successful? What drawbacks has Amazon faced from their merger and acquisition strategy?

Do you think it would be easy or difficult to imitate Trader Joe's strategy? Why?