Business Law questions: 1) Essay Question: Dave signs a twelve-month lease for a new apartment at the Chateau Budweiser apartments. The rent is $1,000 a month. Before he moves in, Dave asks Jay if he would like to share the apartment. Jay verbally agrees to move in with Dave and pay half of the rent. Three months later Jay tells Dave that he will be moving out immediately to go live with his new girlfriend. Dave says, “Congratulations, but what about our deal?” Jay tells Dave not to worry he will continue to pay his half. Unfortunately for Dave, Jay doesn’t make good on his promise and never pays. Dave sues Jay. Assume that these facts are all true, but that there are no outside witnesses to any of these conversations. Act as judge and jury for this case and write a legal opinion discussing the issues and the arguments for both the plaintiff and defendant, identify the most important issue, state your decision, and the reasoning in support of your decision.
2. a) What are four elements of a contract?
b) homer offer to paint Moe's tavern for $2,000 all due on completion. Moe accepts the contract is verbal, before homer begins the job or incurs any coast, Moe calls and say he can't pay $2,000 and wants out of the deal. Homer sues What does Moe have. Who wins? What are the damages, if any?
c) Explain the objective theory of contract. An example
d) What is the most significant different between a verbal and written contract
In: Operations Management
Discuss the factors that have affected the Indian car market over time. How have these affected pricing decisions among car makers like Tata Motors?
In: Operations Management
How does Tata Motor's marketing objectives and its marketing mix strategy affect the pricing of the nano?
In: Operations Management
You are the Chief Operations Officer responsible for overall
company operations in ATCHULO
Company Ltd, a large courier company in Ghana. Your company has 16
regional offices
(terminals) scattered around the country in each of the regional
capitals and the main office (hub)
located in the capital city of the country. Your operations are
strictly domestic. You do not accept
international shipments.
The day at each terminal begins with the arrival of packages from
the hub. The packages are loaded
onto trucks for delivery to customers during morning hours. In the
afternoon, the same trucks pick
up packages that are returned to the terminal in the late afternoon
and then shipped to the hub where
shipments arrive from the terminals into the late evening and are
sorted for delivery early the next
day for the terminals.
Each terminal in your company is treated as an investment centre
and prepares individual income
statements each month. Each terminal receives 30% of the revenue
from packages that it picks up
and 30% of the revenue from the packages it delivers. The remaining
40% of the revenue from
each transaction goes to the hub. Each terminal accumulates its own
costs. All costs relating to
travel to and from the hub are charged to the hub. The revenue per
package is based on size and
service type and not the distance the package travels. (There are
two services: overnight and ground
delivery, which takes between 1 and 7 days, depending on the
distance travelled).
All customer service is done through a central service group
located in the hub. Customers access
this service centre through a toll-free telephone number. The most
common calls to customer
service include requests for package pickup, requests to trace an
overdue package, and requests
for billing information. The company has invested in complex and
expensive package tracking
equipment that monitors the package’s trip through the system by
scanning the bar code placed on
every package. The bar code is scanned when the package is picked
up, enters the originating
terminal, leaves the originating terminal, arrives at the hub,
leaves the hub, arrives at the
destination terminal, and is delivered to the customers. All
scanning is done with handheld wands
that transmit the information to the regional and then the central
computer.
The major staff functions in each terminal are administrative
(accounting, clerical, and executive),
marketing (the sales staff), courier (the people who pick up and
deliver the shipments and the
the equipment they use), and operations (the people and equipment
who sort packages in the terminal).
This organisation takes customer service very seriously. The
revenue for any package that fails to
meet the organisation’s service commitment to the customer is not
assigned to the originating and
destination terminals.
All company employees receive a wage and a bonus based on the
terminal’s economic value-added.
This system has promoted many debates about the sharing rules for
revenues, the inherent inequity
of the existing system, and the appropriateness of the revenue
share for the hub. Service problems
have arisen primarily relating to overdue packages. The terminals
believe that most of the service
problems relate to wrong sorting in the hub, resulting in packages
being sent to the wrong
terminals.
Required:
A) Explain why an investment centre is or not an appropriate
organisational design in
ATCHULO Company Ltd.
B) Assuming that ATCHULO Company Ltd is committed to the current
design, how would
you improve it?
C) Assuming that ATCHULO Company Ltd has decided that the
investment centre model is
unacceptable, what model to performance evaluation would you
recommend and why?
In: Operations Management
Your company assembles five different models of a motor scooter that is sold in specialty stores in the United States. The company uses the same engine for all five models. You have been given the assignment of choosing a supplier for these engines for the coming year. Due to the size of your warehouse and other administrative restrictions, you must order the engines in lot sizes of 1,240 units. Because of the unique characteristics of the engine, special tooling is needed during the manufacturing process for which you agree to reimburse the supplier. Your assistant has obtained quotes from two reliable engine suppliers and you need to decide which to use. The following data have been collected:
Requirements (annual forecast) | 14,880 | units | ||
Weight per engine | 25 | pounds | ||
Order processing cost | $ | 190 | per order | |
Inventory carry cost | 20 | percent of the average value of inventory per year | ||
Note: Assume that half of lot size is in inventory on
average (1,240/2 = 620 units).
Two qualified suppliers have submitted the following
quotations:
ORDER QUANTITY |
SUPPLIER 1 UNIT PRICE |
SUPPLIER 2 UNIT PRICE |
||||
1 to 1,499 units/order | $ | 575 | $ | 572 | ||
1,500 to 2,999 units/order | 569 | 572 | ||||
3,000 + units/order | 568 | 565 | ||||
Tooling costs | $ | 30,100 | $ | 28,000 | ||
Distance | 120 miles | 100 miles | ||||
Your assistant has obtained the following freight rates from your
carrier:
Truckload (45,000 lbs. each load): | $0.80 per ton-mile |
Less-than-truckload: | $1.20 per ton-mile |
Note: Per ton-mile = 2,000 lbs. per mile.
a-1. Calculate the total cost for each supplier. (Round your answers to the nearest whole number.)
Supplier 1 | Supplier 2 | |
Total cost | $ | $ |
a-2. Which supplier would you select?
b-1. If you could move the lot size up to ship in
truckload quantities, calculate the total cost for each supplier.
(Do not round intermediate calculations.
Round "Required lot size for truckload"
and final answers to the nearest
whole number.)
HINT: Use (full) truckload cost rates and the lowest (feasible) unit cost for all calculations. For example, if there are 8.3 orders per year, don’t split the 8.3 orders into 8 full truckloads and 0.3 less-than-truckloads - use the full truckload rate for all 8.3 orders. For annual purchase cost, don’t use two different unit costs for the 8 complete orders and the 0.3 partial orders – use the lowest (feasible) unit cost for all 8.3 purchase orders based on the lot size needed for a full truckload.
Supplier 1 | Supplier 2 | |
Total cost | $ | $ |
b-2. Would your supplier selection change?
In: Operations Management
what are the characteristics of a business systems analyst? How can a business systems analyst plan for requirements gathering?
In: Operations Management
Political Science - In California, our state legislators are term-limited to a total of 12 years in the state Assembly and/or state Senate. No such limits apply at the federal level (congress). Members of congress can serve as long as they win reelection. Briefly describe in your opinion, whether or not you think term limits are a good idea and explain why.
In: Operations Management
Political Science - Throughout history, the Justices of the Supreme Court have always been overwhelmingly white and male and have never mirrored society. Even today, five of the eight are make only two are members of minority groups. In your opinion is it possible for such a non-diverse group to render decisions that are fair to everyone or must the amkeup of the Court become more diverse before its decisions are fair to all, including women and minorities? Briefly discuss why.
In: Operations Management
Who are the key stakeholders affected by the United Airlines scandal - What is the result?
In: Operations Management
How to not fail
Or why there is not audience for what we make and why that truth will set us free, this is the language of marketing Audience, fans, commitment, relationships, engagement , relationship and love. It’s the language of consumers giving an awful all rhetoric no evidence so if you want to fail do this.
Assume that people care about brands
Assume that people want to have a relationship with you brand
Assume your fans are the most valuable consumer
Assume that everyone want to participate
Assume that people will find your content
Assume that depth is more important than breadth.
WHAT? Most people DON’T CARE that much about brands
The next generation of Bleach is here!
Most people don’t know how much about the brand they buy.
50% of all knowledge about a brand is held by just 20% of its buyers. 80% of buyer’s know a little or nothing about the brand.
0.5% people talking about a brand that don’t have a relationship with your brand
The vast majority of consumers have multiple partners 72% of PEPSI drinkers also drink COCA-Cola
Your Consumers are just somebody’s else’s consumers who occasionally buy you
Human relationship demand massive processing power 100 billion neurons with roughly one million s billions connections each firing at 10 time per second.
Relationship area matter of life and death
People like with strong social networks live longer. Compared with human relationships
Brand relationships are thin.
Most of us go through like it finding it hard enough to have
Good relationships with the real people in our life ”let alone all the brands are buy”
What’s love got to do with it ?
Your fans are not your most valuable consumer
This is what it needs to do to look like partners
Your brand’s health depends on lost people who think don’t know you well
Don’t think of you much and don’t buy your often it at all.
These consumers generate publicity not revenue
Distinguish between actors and the audience
Most people don’t want to participate passive consumption is not dead of 200 brands studied only one showed a level of engagement over 20%.
People’s digital participation is each other
20% passive
60% easy
44% initial
17% Intense
Just because people are participating with each other doesn’t mean they will participate with brands.
Mass reaction matters more than mass participation
People will not find your content
1 in 1,000,000 odds of a person viewing your content on YouTube
0.9% average click though rate
4.875 pieces of content the average Facebook user receive everyday
Over looked content publicized
Depth is not more important than breadth
Brand depends on big, board populations
The big difference between big and small brands is not how much loyalty they get
But how many people buy them
Engagement hasn’t replaced reach
SO, much of what we made is not vital but trivial
Much of what we make is not vital but incidental
Ordinary awful, awesome, everyday life
There is not audience for what we make
Our task is not nurturing enthusiasm
But overcoming indifference
This should inspire not depress us
All creativity demands resistance
And overcoming indifference demands awesome
Be part of what interest’s people, give more than you take
Take a position, don’t just have a “positioning “
Just move me, Dude
Dan Wieden
DESCRIPTION
Please check out the provocative presentation of Martin Weigel,
Head of Planning at Wieden + Kennedy Amsterdam.
Regarding Social Media activity, ¿do you agree with Martin Weigel
and his main thesis? If yes, ¿what to do then (from an advertiser /
marketing&communications professional point of view)?
OUTCOMES
Thoughts related to Martin Weigel’s presentation.
In: Operations Management
In: Operations Management
Examine how the concept "Translate Thought Into Action" has bearing on the relationship between business strategy and operating strategy against long and short term objectives.
In: Operations Management
Freight transportation performance can be improved by making specific changes within individual modes. Discuss which mode has the largest negative impact and discuss at least two types of improvements that can be made and the impact they will make on performance.
In: Operations Management
e. Why is sustainability footprint of the textile and apparel industry enormous (yet very hard to decrease through standardizing regulation)?
Group of answer choices
-Today’s textile and apparel industry value chain is extremely fragmented into smaller entities (e.g. Tier 1/Tier 2/Tier 3 suppliers)
-Major mass-market and luxury brands operate across extremely complex supply chains
-A significant portion of apparel products in today’s marketplace are hybrid or multinational products
-All the provided answers are correct
f. Protecting the Consumer's Rights represent an ongoing challenge for sustainable merchandising business since:
Group of answer choices
-Consumers have right to be informed, however consumers still have little information on the extent of to which apparel products are manufactured in many different countries
-Consumers have right for product safety however, consumers still have little information on the full list of product ingredients
-Consumers have right to choose and support brands/companies through their purchase practice
g. Social policies in the textile and apparel industry include the following:
Group of answer choices
-Policies to prevent Child Labor
-Policies to prevent Discrimination
-Policies to prevent Child Labor and Discrimination
-Policies that protect Biodiversity
-All these answers are correct
In: Operations Management
The transnational strategy is often seen as one way in which firms can avoid the limitations inherent in the local responsiveness/international integration trade-off. However, given the obvious advantages of being both locally responsive and internationally integrated, why are apparently only a relatively few firms implementing a transnational strategy?
In: Operations Management