In detail of how the Enron scandal came about and how it became to be one of the biggest scandal seen till this day (3-4 pages) (2 sources)
In: Operations Management
Plaintiff filed a petition for preliminary injunction asking the court to enjoin the sale of a 1991 Ferrari F40 to Karam Automotive Inc., as well as a complaint seeking specific performance of the alleged contract to sell the Ferrari to plaintiff for $800,000, or in the alternative, damages for defendants' breach of the alleged contract.
Michael Haber alleged the following: on December 28, 2013, he met with Mr. Moore, who held himself out as the Executor of Mr. Brehaut's Estate and expressed to Mr. Moore his interest in purchasing a Ferrari that was part of the estate. On January 1, 2014, Mr. Moore informed Mr. Haber that the Estate of Mr. Brehaut would accept $800,000 for the Ferrari and said to him, "It's your car." On January 6, 2014, following an inspection by Mr. Haber's mechanic, Mr. Moore shook Mr. Haber's hand and said, "We have a deal." After the oral agreement was reached, Mr. Moore advised Mr. Haber that there was an outstanding loan against the Ferrari, and that he would have to contact the bank to satisfy the loan. Later, when Mr. Haber arrived at his office, he received a phone call from a credit union employee stating that $75,554.30 was required to pay off the loan. On January 10, 2014, in a phone conversation, Mr. Moore told Mr. Haber, “You're going to be pissed at me"; someone had offered him a higher amount for the car, and so he did not agree to sell the car to Mr. Haber.
[Professional Sales, Inc. v. The Estate Of Joseph S. Brehaut, C. Christopher Moore, Jr., Executor And C. Christopher Moore, Jr. Individually And Joseph S. Brehaut And C. Christopher Moore, Jr. Partnership T/D/B/A Moll's Garage, 2014 Pa. Dist. & Cnty. Dec. LEXIS 768 (2015).]
In his answer, the defendant denied that an agreement had been reached and pleaded the statute of frauds. Do you think the court applied the statute of frauds in this case to bar the action by the plaintiff? Why or why not?
In: Operations Management
why do negative behaviour affect organisational success
In: Operations Management
Walter and Jesse own a business together. The business delivers food based on special recipes developed by Walter. Gus owns a business in the same city, Loot Lake, which sells pizza. One day, Gus approaches Walter and Jesse with a business opportunity. He proposes to sell all the pizza in the south side of the city while Walter and Jesse can sell in the north side of the city. He also agrees that Walter and Jesse can still sell food on the south side of the city as long as the food is not pizza or anything substantially similar. Walter thinks this is a great idea, but Jesse is not so sure. However, despite his reservations, Jesse doesn’t say anything. The two businesses agree to go with the plan proposed by Gus for a period of two years, but they do not put this agreement in writing. They also agree in a short written note, that they will consult with each other anytime either business wants to change its prices. The plan goes well for six months, but soon Walter decides that his pizza recipe is far superior to the one Gus uses, and Walter thinks that if he sells on the south side, he can put Gus out of business and become the main provider of pizza in the city. He talks to Jesse and they decide to go ahead and start immediately selling pizzas on the south side of the city despite their agreement with Gus. Please discuss and analyze all relevant legal issues raised by this hypothetical scenario.
In: Operations Management
In: Operations Management
The Woolong Company produces high-end vacuum cleaners and has hired you to oversee the development and release of their latest product. A preliminary project initiation meeting will result in the identification of the project sponsor, selection of a project manager, and creation of the project charter. A manager in the production department who knows you are taking a college project management course asks you to prepare a report to help them prepare for the meeting by answering the following questions:
In: Operations Management
Write about Different social structures within the Global environment write about it with an and make a table of contents with abstract, introduction, appendix, and conclusion and other stuff.
-an outlook on future growth and expansion.
-background for international trade and investment activities and the international economic activity of nations and the balance of payments.
-impacts of covid-19 on services and culture
-Development of a working knowledge of the international monetary system, financial markets, and trend toward economic integration around the world as well as achieving an understanding of the political and legal dimensions that affect international business.
In: Operations Management
At a sports bar, Martin offers to sell an authentic Wayne Gretzky Edmonton Oilers hockey jersey to his friend Alfred for $400. Unknown to both, Martin’s dog at home has just finished shredding the jersey. Carl arrives at the bar, and hearing of the deal, tells Alfred he has previously seen the jersey, and that it is not “game-worn” by Gretzky, but rather a current authorized production official replica jersey, made by an NHL-licensed supplier. What legal principles apply to this deal?
In: Operations Management
Context: Muskogee County Choppers, till recently was a small ‘custom’ motorcycle/chopper production unit, designing and manufacturing custom motorcycles and trikes for a small regional market, mainly Oklahoma and Arkansas. The firm has seen an infusion of capital from a group of rich ‘angel investors’ who had a love for motorcycling. The firm is ‘small’ and even after innovation, capital infusion and growth will in no way match the major players like Harley, Honda, Kawasaki etc. Further, ‘trikes’ unlike motorcycles may be considered a ‘niche’ rather than mass market product.
With this infusion of capital, MCC is now a LLC (Limited Liability Company) and plans to make a foray into major markets, at least catering to Kansas, Missouri, Arkansas , Oklahoma, and New Mexico, starting with a ‘trike’ to compete with the Polaris Spyder or CANAM-Ryker. The MCC Trike is similar, with two front wheels and one rear wheel. It is 500cc, in contrast with other trikes that are normally with higher capacity engines (900 cc +). The Canam Ryker and Polaris Spyder are also like the MCC trike, in that they have two front and one rear wheel, unlike Harley trikes etc that have one front wheel and two rear wheels.
MCC is a new company and even with an infusion of capital from angel investors cannot compete with the financial strength of companies like Harley and Honda.
Assignment (in two Parts 1 and 2):
Write a short note to the CEO of the firm as an internal senior executive outlining:
Part 1: A short note on the actual direction that the firm should take, that is, 'your personal summary thoughts and opinions on strategy', both (a) Marketing and (b) Integrated Marketing Communications (Promotion). When you write your note, use a format that you consider appropriate for being read by a busy CEO.
In: Operations Management
An industrial bakery agrees to supply one hundred thousand loaves of bread monthly to a major Canadian grocery chain at a price of $1.00 per loaf. Before deliveries begin, the baker rethinks the deal, feeling it should have charged more. On review, it discovers that the contract recites “one hundred” loaves of bread monthly at $1.00 per loaf. What recourse will the grocery chain have if the bakery refuses to honour its price beyond 100 loaves?
In: Operations Management
Assignment No.: 3
Marketing Plan
From the real international market, select a company of your choice wishing to start its activities in Saudi Arabia. The Company hired you as Marketing Manager of Saudi Arabian Region.
You have to establish a marketing department starting from the Analysis of the market, formulate overall marketing goals, objectives, strategies, and tactics within the context of an organization's business, mission, and goals designing and planning the entire function.
Write a Marketing Plan considering the following points (2x5=10 Marks)
To introduce this section you should include the "mission statement" of the business; an idea of what its goals are for customers, clients, employees and the consumer.
Conduct an environmental analysis that looks at and comments on your local area and your network of business contacts, competitors and customers.
Identify the target market, describing how the company will meet the needs of the consumer better than the competition does.
Conduct a SWOT analysis for your chosen company based on your research.
Strengths: List the strengths of the business approach;
Weaknesses: Describe the areas of weakness in the company's operations;
Opportunities: Examine factors that may improve the business's chances of success;
Threats: List the external threats to the business' success.
Describe each of the 4Ps of your chosen company.
Product or Service
Identify the product or service by what it is, who will buy it, how much they will pay for it and how much it will cost for the company to produce it, why a consumer demand exists for your product, and where the product sits in comparison to similar products/services now available.
Place
Identify the location of the business, why it is located there (strategic, competitive, economic objectives), the expected methods of distribution, and timing objectives.
Promotion
Describe the type of promotional methods that will be used. Identify techniques such as word of mouth, personal selling, direct marketing, sales promotion etc. television, radio, social media and newspaper ads.
Price
The prices of the products or services that reflects the overall company strategy. Should be competitive as well as a reflection of the quality, costs and profit margin.
In: Operations Management
Airnova Inc. has two types of bonds, Bond D and Bond F. Both have 8 percent coupons, make semiannual payments, and are priced at par value. Bond D has 2 years to maturity. Bond F has 15 years to maturity. Airnova Inc. is considering four different types of stocks. They each have a required return of 20 percent and a dividend of $3.75 for share. Stocks, A, B, and C are expected to maintain constant growth rates in dividends for the near future of 10 percent, 0 percent, and -5 percent, respectively. Stock D is a growth stock and will increase its dividend by 30 percent for the next four years and then maintain a constant 12 percent growth rate after that.
If interest rates suddenly rise by 2 percent, what is the percentage change in both bonds?
If interest rates suddenly fall by 2 percent, what is the percentage change in both bonds?
What does this tell you about the interest rate risk of longer-term bonds?
In: Operations Management
Please assist on this Project for Subject - Organisational Leadership (Business Management 2A)
Much debate exists within the literature about leadership and management. Kotter (1990:103) argues that management and leadership are "two distinctive and complementary systems of action" and that the former involves coping with complexity, while the latter involves coping with change.
1.1 Discuss in detail, with the use of examples, the fundamental differences between the concept of leadership versus management.
1.2 Evaluate in detail, with the use of practical examples, the advantages and disadvantages of a transformational leader.
1.3 Discuss in detail, with the use of practical examples, FOUR (4) management styles and the potential impact each style may have on a business..
REGARDS
ANNELIE
In: Operations Management
Many airlines are starting to offer their own WiFi...but some still say this is dangerous and can interfere with the airplans electrical systems. What are your thoughts...would you want to use WiFi on a long plane flight AND have everyone else around you using WiFi. Remeber that you can access any types of sites on the internet. Do you want pornography playing on the laptop of the person sitting next to you (pornography is perfectly legal so it couldn't really be regulated)?
In: Operations Management
TOXIC RECREATIONAL CENTER ENVIRONMENTAL RACISM?
The growing concern for the environment has increased public interest in the need for eco-friendly cities. Baltimore City residents and policymakers are, therefore, becoming more environmentally conscious in the development and rehabilitation of the city. The management of Baltimore City is becoming increasingly more complex as city is experiencing, crime including political corruption, socio-economic divisiveness, racial segregation, dwindling tax base and stalled physical and economic growth. Remembering you are the Assistant Director of Recreation and Parks for the City of Baltimore. You are the trouble shooter and problem solver for the city residents and the parks department. When something happens in this city you are the go-to person they (The Director of Recreation and Parks, The Mayor and, The City Council) turn to you, you are respected, experienced and well educated so your decisions actual become departmental policy.
Urban growth in East Baltimore has led to an increase in land values; thus, leading to competition between land uses including the demarcation of land for urban parks. The indirect economic benefits of urban parks make it difficult to place an economic value on them; thus, affecting the ability for policymakers to assess their true cost and benefits. This adversely affects the level of investment in the development of parks which limits the sustainable management of parks. Strigl (2003) describes the sustainable management of parks as the efficient and effective organization of park use through negotiations, comprises, and consensus building among stakeholders. However, recent news reports and complaints by residents in the city, especially West Baltimore and its residents who have been severely neglected in terms of overall development and improvements because of crime, abject poverty and socio-economic demographics which prevented the private sector developers from investing in the area. In addition, the West Baltimore area houses some of the poorest areas of the city and some of the worst areas in terms of city services according to residents and outside observers. This is especially true regarding parks and recreation facilities in the West Baltimore area. Recently a park refurbishment in the Harlem Park section of West Baltimore was halted due to concerns by environmentalist that the grounds where the park was being built were contaminate decades ago during early part of the 19th century by an automobile battery factory owned by General Motors. The environmentalist have determined through studies that the company upon closing the factory have buried thousands of tons of automobile batteries and chemicals underground which have been slowly leeching out into the grounds of the park. However, during the initial development of the park several soil samples have been taken by several different groups including the Federal government through the Environmental Protection Agency (EPA), The State of Maryland Department of Environment and The Baltimore City Department of Environmental control all signed off on the project. government indicating that the grounds under park were safe and free from harmful levels of contamination and the project was greenlighted by the Mayor, The City Council, and numerous other elected officials, neighborhood association leaders, celebrities and the surrounding community. The project was viewed as a resounding success and the park was expanded into a neighborhood recreational facility complete with a food bank, job training center, daycare and senior center and numerous sports programs and activities for the community. The facility is currently viewed as model for urban revitalization of impoverished communities nationwide. It has evolved from a simple clearing of abandoned homes to a large recreational center with the possibility of further expansion. It has attracted numerous volunteers, donors throughout the country
In spite of the success of the facility and its effects on the neighborhood a recent Netflix Documentary/investigation about the extremely high cancer rate amongst residents in the West Baltimore, Maryland 21215-area code surrounding the facility and neighborhood. After the documentary investigation more samples were taken of the soil and investigation of the processes undertaken to complete the project. In addition , the Maryland Department of Health, Johns Hopkins University, and several other public and private hospitals and concerned citizens formed a consortium to investigate the allegations outlined in the documentary. The consortiums findings revealed that the facility should have never been built on the site and it was highly likely that the site and the underground contamination were possibly the root causes in the high levels of cancer, asthma, skin rashes, COPD, suffered by the residents and patrons on the facility. In the mad rush to open the facility and under pressure by the constituents and the media someone signed off on the project. Further investigation has found that the culprits who were involved in green lighting the project are either deceased or retired so there would be one alive to held accountable, no criminal convictions, arrests, indictments but there will be a Class Action Lawsuit by the residents. Currently the facility has been ordered closed temporarily by the city effective April 20, 2020 based on recommendations by the consortium researching the situation while further tests and a solution to correct the problem is discovered. However, the summer months are coming up and the need by all stakeholders is to get out in front of this issue ASAP by coming up with a plan.
The Mayor of the City of Baltimore has ordered an Emergency Action Plan to be developed by the Department of Recreation & Parks. The Director of Recreation and Parks has asked you to come up with a plan to determine what are the essential programs and how to transfer/ temporarily move those services to other organizations in the area to keep the programs operating. Because many of the programs utilize separate funding specifically for their programs based upon participation it is essential that there be no disruption of their program or they would lose funding for the program Your directives coming from the Mayor, the Director of Parks & Recreation, and other city leaders is to first address the community in a Town Hall Meeting at a local church in the area.
In order to address the conflicts between the environmental and economic use of land; planners, park administrators and advocates need to combine their procedural and substantive skills and become central players in dealing with the conflict between growth, environment and social justice (Campbell 2011). The Baltimore City government and the Baltimore City Recreation & Parks authorities are also confronted and pressured with the problem of gentrification, budget challenges, appeasing various ethnic and cultural groups, socio-economic challenges, funding, creation, management and maintenance of urban parks and recreation. Despite their social and ecological benefits some of these projects will continue to move forward in an effort to appease constituents and the public. These competing interests make dealing with most urban issues such as the management of parks complex and costly; thus, the need to study some of the factors that influence the urban park development. The ability of recreation and park professional to conduct critical analysis, make strategic decisions make it imperative that leadership in the field be knowledgeable and taken seriously because the importance of recreation and parks cannot and should not be underestimated.
QUESTIONS:
In: Operations Management