Now that the IOC has made the decision to postpone the Tokyo Summer 2020 Olympics until next year, one of the sponsoring organizations finds itself with Olympic merchandise that needs to be liquidated. When you heard about this opportunity you became quite excited because you are an avid collector of Olympic merchandise. In fact, when you graduate from Brock University, you plan on opening an Olympic memorabilia shop. The offer from this Olympic sponsor is such that you have the option to purchase the merchandise entirely upfront for $10,500 or to pay $2,750 per year for the next four years (with payments at the beginning of the year). Assuming a discount rate of 7%, is it advisable to pay the cost of the merchandise entirely upfront? Explain. Be sure to show your calculations
In: Statistics and Probability
In: Accounting
WHO WILL STAFF UP THE CHINA OPERATIONS?
Your international company headquartered in New Jersey is sending an expatriate to China for a three-year assignment to staff up and run a new branch of its industrial products business. The main Chinese customers are using the products in their Middle Eastern and North African petroleum operations. You have extensive overseas experience and presently serve as VP, Human Resources. You chair the selection committee. There were 12 internal people interested in the position, and your committee has narrowed this to 3 final candidates, all of whom want this assignment. Here are the candidates: Tom is a mid-level finance manager with stellar performance reviews. He has no foreign experience and would like to develop his career in this direction. He is single, has an MBA, and has been out of school for 20 years. His background is in finance at the undergrad level, which he studied at Ohio State University, only 50 miles from his hometown. He is involved in the local Council on Foreign Relations and is an accomplished athlete. Firdaus is a deputy VP of HR at corporate. Her family emigrated from Yemen to Chicago when she was in grade school, and she speaks, reads, and writes Arabic, both classical and the Yemeni dialect. She is married, with two children. Her husband George is a professor of history and does not speak Arabic. She has a PhD in engineering, joined the company on the operations side, and has made the midcareer transition to HR successfully. She finished her PhD at the University of London in the UK before she began with the company and is now early midcareer. Her performance reviews are stellar. She encountered an incident at HQ several years ago when there was a discussion about her wearing a headscarf, but this was resolved without her changing her practice. She is well known and well liked throughout HQ. Her husband is ready to take a leave of absence for three years to accompany her.
Gunther is VP of the German-based EU company. His functional background is accounting, and he is credited with the success of the company in the EU. He built the business from a small operation in Frankfurt to the EU sector leader in only seven years. He speaks German and English and is known for being well organized and “button-upped.” His work is timely, accurate, and detailed. Gunther’s boss, the president of international, was a bit surprised that Gunther expressed interest in this position, since it is perceived as junior to the position he has now, although it would have an equivalent title on paper. Gunther has an undergraduate degree in anthropology and took graduate-level accounting courses earlier in his career. The company would like someone who could get the operation up and running, stay for three years, and then transfer the position to a local hire whom they would have developed for the responsibility.
1. Drawing on the cultural dimensions that we have reviewed, along with your business knowledge, whom would you recommend for the position?
2. What would be your reasoning for this choice?
3. Whom would you suggest for a backup candidate, if the first selection declined the position?
In: Finance
Analyze how you should adjust to present yourself in the most excellent way to your employer in a job interview (the company you researched in Unit 4: EY)
Write about the different characteristics to adjust for in
In: Operations Management
answer with resource :
Population Health: As a result of the Patient Protection
and Affordable Care Act, hospitals are increasingly being held
accountable for the health of patients after they have been
discharged from the hospital. The CEO of Sandy Creek Community
Hospital asks you to join her in a meeting with the CEO of Green
Acres Retirement Community located about a mile from the hospital.
Green Acres offers a continuum of care to include rehabilitation
services, assisted living and skilled nursing care. Why would the
CEO of Sandy Creek Community Hospital be interested in meeting with
the CEO of Green Acres Retirement Community? What
sort of synergies might be possible?
In: Operations Management
6.2 Radical Rewrite: Instruction E-Mail—Tips for Avoiding Hackers
Your Task. Analyze the following e-mail to be sent by the CEO to all employees.
To: Staff Members
From: G. B. Goldman <[email protected]>
Subject: Hackers!
Staff Members:
This is to inform you that, like other banks, we are afraid of hackers. We fear that employees will expose valuable information to hackers without realizing what they are doing. Because of our fear, we have consulted cybersecurity experts, and they gave us much good advice with new procedures to be followed. Here are the procedures suggested by experts:
We want to let you all know that within the next two months, we plan to begin implementing a program that will educate and train employees with regard to what to avoid. The program will include fake phishing messages. The program will be explained and you will learn more from your managers in training workshops that are scheduled to begin September 1.
G. B. Goldman, CEO
First Federal Savings and Loan | [email protected] |
678-405-3302
In: Operations Management
In 2020, the Alnoor Company purchased from Hamoorthe right to be the sole distributor in Muscat governance of a product called Zelenex in 2021.
Alnoor reports inventory using the periodic FIFO assumption. Late in 2021, the following information is available concerning the inventory of Zelenex:
|
Beginning inventory, 1/1/2021 (10,000 units @ $30) |
$ 300,000 |
|
Purchases (40,000 units @ $30) |
1,200,000 |
|
Sales (35,000 units @ $60) |
2,100,000 |
By the end of the year, the purchase price of Zelenex had risen to $40 per unit. On December 28, 2021, three days before year-end, Alnoor is in a position to purchase 20,000 additional units of Zelenex at the $40 per unit price. Due to the increase in purchase price, Alnoor will increase the selling price in 2022 to $80 per unit. Inventory on hand before the purchase, 15,000 units, is sufficient to meet the next six months’ sales and the company does not anticipate any significant changes in purchase price during 2022.
REQUIRED:
a) Determine the effect of the purchase of the additional 20,000 units on the 2021 gross profit from the sale of Zelenex and the payment due to Hamoor? Show calculations and explanations?
b) Assume that during 2022 Alnoor Company bought 50,000 units of Zelenex with the new purchase price, and 40% of units available for sale had been sold. Calculate the gross profit for the company for the year 2022. Show calculations and explanations?
In: Accounting
In 2020, the Alnoor Company purchased from Hamoorthe right to be the sole distributor in Muscat governance of a product called Zelenex in 2021.
Alnoor reports inventory using the periodic FIFO assumption. Late in 2021, the following information is available concerning the inventory of Zelenex:
|
Beginning inventory, 1/1/2021 (10,000 units @ $30) |
$ 300,000 |
|
Purchases (40,000 units @ $30) |
1,200,000 |
|
Sales (35,000 units @ $60) |
2,100,000 |
By the end of the year, the purchase price of Zelenex had risen to $40 per unit. On December 28, 2021, three days before year-end, Alnoor is in a position to purchase 20,000 additional units of Zelenex at the $40 per unit price. Due to the increase in purchase price, Alnoor will increase the selling price in 2022 to $80 per unit. Inventory on hand before the purchase, 15,000 units, is sufficient to meet the next six months’ sales and the company does not anticipate any significant changes in purchase price during 2022.
Required:
Calculating the ending inventory of the year 2021? show calculations and explanations.
In: Accounting
If you were a CEO, how would you recession-proof your company?
In: Economics
QUESTION 1: According to Interbrand’s analysis, Apple’s brand is valued at more than $170 billion, while Google in second place is valued at $120 billion and Coca-Cola in third is at $78 billion (2015). Do you agree that Apple should be so far ahead of its nearest brand competition? What about Samsung, which is larger in size (Samsung is valued at $45 billion)?
QUESTION 2: With Steve Jobs, Apple’s legendary founder and CEO, passing away in 2011, what can we expect from Apple in the future? Will it be as innovative? Will it maintain brand value leadership? Will it run the top global supply chain in the world?
QUESTION 3: Apple products have usually been priced above their competition and sold for their value, intrigue, and market leadership. Some would say Samsung is catching up on many of these fronts and even passing Apple perhaps. Do you think Apple can charge a price premium for its products much longer?
QUESTION 4: Apple’s global supply chains make its business thrive. There is a secrecy among suppliers, superior quality standards by every party involved in Apple’s supply chains, and a total value focus that ultimately makes the customers happy. Is this a sustainable business model for its global supply chains?
In: Economics