Business Law
Mickey has never liked Nucky so he decides to play a practical joke on him by pretending to sell him his home in the Cayman Islands. He tells Torrio that he has no intention of selling Nucky the home. Mickey approaches Nucky in a bar where Nucky is clearly intoxicated. The home is assessed at $10 million but he offers Nucky the home for $50,000. He winks and smiles at Nucky and Nucky accepts and the two shake hands. Nucky quits his job at Replay Baseball and moves to the Cayman Islands where Mickey informs him that he never had any intention of selling him the home. Nucky is moving furniture and trimming the hedges at the time. Of course, Mickey never mentioned that he owned a second home in the Cayman Islands that was recently destroyed in a hurricane.
1. Discuss whether there is a valid offer and acceptance and, further, discuss whether there is an enforceable contract.
Nucky decides that he will build a new home in Massachusetts with a large Jacuzzi. He compiles specifications for the construction of the home and sends it to several general contractors so they may provide bids/quotations. Part of the general contract includes a large plumbing sub contract. Boardwalk Construction submits a bid to Nucky for $20 million to serve as the general contractor. As part of its general bid, Boardwalk Construction factored $1 million for plumbing based upon a sub bid submitted by Atlantic Plumbing. There were two other bids for the plumbing work. Boardwalk Construction and Atlantic Plumbing have a falling out and Atlantic Plumbing no longer wants to work on the project. The two other bids were for $10 million each respectively.
2. Discuss whether Atlantic Plumbing may revoke its offer. What are the competing arguments? Are there any other important facts?
Boardwalk Construction is working on small renovation project for Capone at his home. There is no written contract, but the two have orally agreed that Boardwalk will renovate Capone’s garage for $75,000. The two have agreed that construction is to be completed within one month. Two weeks later, Boardwalk approaches Capone and complains that the cost of nails has increased by 40% and that the cold weather has slowed the construction project. Boardwalk and Capone agree to increase the contact by $5,000 and to extend the completion date by three weeks. Each party agrees in writing to this change. Upon completion of the project, Boardwalk sends Capone a bill for $80,000.
3. How much does Capone have to pay? What are the competing arguments?
Boardwalk Construction has provided Eli a quotation of $20,000 to provide and install a high-end refrigerator. Boardwalk has provided this quote in writing and has stated that the quote is valid for 30 days and that Boardwalk may not revoke its offer. The next day, several of Boardwalk’s employees quit. Boardwalk sends a fax to Eli attempting to revoke its offer. Two seconds after Boardwalk sends the fax, it receives a fax from Eli accepting the offer.
4. Is there an agreement here? What are the competing arguments?
In: Operations Management
This question refers to BSG-Online (business strategy game). Why are the following items listed below important? Please explain.
Lessons Learned
-Producing in regions with higher profit margins
-offering labor compensation rates
-manage capacity well
-do not purchase capacity in Europe-Asia region
-win private label
-change strategies when the market is saturated with the same strategy.
In: Operations Management
You may identify a particular company and how the marketplace that they have created is an example of the RCST theme of “Common Good.”
In: Operations Management
Explain 4 differences in human resource's approach to expatriate employees.
In: Operations Management
Jill Bartok is a line supervisor for an East Coast center for Speedy Delivery Services. This high-speed delivery company has both national and international deliveries ongoing continually. The area where Jill works is secured and monitored. Loaders and handlers process thousands of parcels every day. Jill has four crews whose shifts normally overlap. Crew 2 has the 3 PM to midnight shift. Bob Carnaghan is the crew chief and is responsible for the orderly flow of packages from the receiving dock to the shipping dock. This includes packages that have to be shipped out from the local franchise shipping stores. Jill receives a note from Jim Ferguson, crew chief of Crew 3, that a small access door that should usually be locked has been found unsecured for the past two nights just after the start of the 11 PM to 8 AM shift. The security camera in that area does not quite cover the door itself. There have been no other reports of problems in that area. Review of the security tapes shows normal flow of workers in and around the door for the past two nights. Jill is concerned that the door may have been left unsecured prior to being found open by Jim Ferguson. The door opens to a hall that connects to the employee break room that is not in a secured part of the facility. Jill decides to go to HR to discuss possibilities.
Is there a security problem? If yes, is it a major problem? What actions, if any, should HR take?
In: Operations Management
Discuss two legal matters that Comcast has been involved in concerning its unethical behavior. I must have two paragraphs.
In: Operations Management
The Teamsters Union is attempting to organize the drivers at We Haul trucking company. Workers who favor a union have been using the lunchroom to hand out petitions and urge other drivers to sign authorization cards. The company posts a notice in the lunchroom: “Many employees do not want unions discussed in the lunchroom. Out of respect for them, we are prohibiting further union efforts in this lunchroom.” Is this sign legal?
FedEx gave Marcie Dutschmann an employment handbook stating that (1) she was an at will employee, (2) the handbook did not create any contractual rights, and (3) employees who were fired had the right to a termination hearing. The company fired Dutschmann, claiming that she had falsified delivery records. She said that FedEx was retaliating against her because she had complained of sexual harassment. FedEx refused her request for a termination hearing. Did the employee handbook create an implied contract guaranteeing Dutschmann a hearing?
Peter Oiler was a truck driver who delivered groceries to Winn-Dixie stores. He revealed to his boss that in his free time he liked to dress as a woman, even though he was happily married to a woman. Oiler had been diagnosed with transvestic fetishism with gender dysphoria and a gender identity disorder. Winn-Dixie fired him for fear that, if customers found out, they would go elsewhere to buy their groceries. Does Oiler have a claim against Winn-Dixie?
Ryan could not stay awake at work—and was unable to remember and keep track of key parts of his job. When questioned, he told his boss that he had sleep apnea, a sleep disorder that causes a person to stop breathing during sleep. His report from his doctor said that it was possible Ryan did have sleep apnea, but there was no definitive diagnosis because Ryan refused to take the necessary tests. The report also said that Ryan’s sleepiness could be caused by bad habits, like irregular sleep times, a poor diet, and heavy caffeine consumption. What legal obligations does his employer have to Ryan? Can Ryan be fired?
In: Operations Management
Kaizen is a Japanese term for continuous improvement in all aspects of an entity’s performance, at every level. The philosophy of Kaizen seeks to involve all levels of employees, encouraging suggestions for small incremental improvements across all areas of the business which over time have a major impact. In a manufacturing context, processes are standardized, assessed and then improved, with the ultimate result being decreased waste and increased productivity.
Deming suggested a cycle of continuous improvement called the PDCA, which was a result of the need to link the manufacture of products with the needs of the consumer along with focusing departmental resources in a collegial effort to meet those needs.
Th Juran Quality Trilogy developed an approach for cross-functional management that comprises three legislative processes: quality planning, quality control and quality improvement.
How do you think these three focus differ or coincide and how this adapts to the late and most modern quality philosophies?
In: Operations Management
QCE18-3 How Do Business Processes and Information Systems Relate?
Explain how information systems and business processes differ. Give an example, other than one in this text, of a business process that uses two or more information systems. Give an example, other than one in this text, of an information system that is part of two or more business processes. Explain how the relationship of business processes and information systems is many-to-many.
EXPLAIN. Include all examples requested please. Thoroughly explain where required for thumbs up. Otherwise thumbs down as incomplete.
Thanks.
In: Operations Management
ZZ Tire Company started as retail installer of tires on cars 10
years ago. They now have 400 retail stores, installing about 10,000
tires per store per year and selling a total of 4 million tires. 5
years ago, they decided to start manufacturing their own tires to
sell in their retail locations.
They now have 4 manufacturing plants, making 2 million tires a
year. They made a profit of $170 million dollars. On average, they
make $50 a tire on the tires they manufacture and $35 on the tires
from other manufacturers. Their current growth rate is 12% a year,
and they are only located in the 10 southeastern states. Their
current customer satisfaction rating is 85%. They are also starting
to do research on making a tire that increases gas mileage in cars.
Currently, they are using the same type of machines in the factory
since the beginning and still use the same type of machines in
their installation locations.
Do a basic balanced scorecard evaluation where you go through the
four areas (learning and growth, internal business process,
customer, and financial perspectives) and provide management some
ideas for improvement. You are allowed to estimate and make
assumptions about the company.
In: Operations Management
6. Why is the AppleWatch called “an iPhone” killer? Why would Apple want to “kill” the iPhone by creating a new device?
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The product design group of Iyengar Electric Supplies, Inc., has determined that it needs to design a new series of switches. It must decide on one of three design strategies. The market forecast is for
200,000
units. The better and more sophisticated the design strategy and the more time spent on value engineering, the less will be the variable cost. The chief of engineering design, Dr. W. L. Berry, has decided that the following costs are a good estimate of the initial and variable costs connected with each of the three strategies explained below.
Low-tech:
a low-technology, low-cost process consisting of hiring several new junior engineers. This option has a fixed cost of
40,000
and variable-cost probabilities of
0.5
for
$0.54
0.1
for
$0.49
and
0.4
for
$0.47
Subcontract:
a medium-cost approach using a good outside design staff. This approach would have a fixed cost of
60,000
and variable-cost probabilities of
0.70.7
of
$0.52
0.2
of
$0.47
and
0.1
of
$0.37
High-tech:
a high-technology approach using the very best of the inside staff and the latest computer-aided design technology. This approach has a fixed cost of
85,000
and variable-cost probabilities of
0.90
of
$0.39
and
0.1
of
$0.38
What is the best decision based on an expected monetary value (EMV) criterion?
(Note:
We want the lowest EMV, as we are dealing with costs in this problem.)
High-tech
Subcontract
Low-tech
In: Operations Management