Questions
Magical Elves Theater Magical Elves Theater is located in the Brooklyn Mall. A cashier’s booth is...

Magical Elves Theater

Magical Elves Theater is located in the Brooklyn Mall. A cashier’s booth is located near the entrance to the theater. Three cashiers are employed. One works from 1–5 p.m., another from 5–9 p.m. The shifts are rotated among the three cashiers. The cashiers receive cash from customers and operate a machine that ejects serially numbered tickets. The rolls of tickets are inserted and locked into the machine by the theater manager at the beginning of each cashier’s shift.

After purchasing a ticket, the customer takes the ticket to an usher stationed at the entrance of the theater lobby some 60 feet from the cashier’s booth. The usher tears the ticket in half, admits the customer, and returns the ticket stub to the customer. The other half of the ticket is dropped into a locked box by the usher.

At the end of each cashier’s shift, the theater manager removes the ticket rolls from the machine and makes a cash count. The cash count sheet is initialed by the cashier. At the end of the day, the manager deposits the receipts in total in a bank night deposit vault located in the mall. The manager also sends copies of the deposit slip and the initialed cash count sheets to the theater company treasurer for verification and to the company’s accounting department. Receipts from the first shift are stored in a safe located in the manager’s office.

Required:

  1. Identify the measures in place to make sure that the cash receipt transactions are properly accounted for.
  2. If the usher and cashier decide to collaborate to misappropriate/steal cash, what actions might they take?

Hasagama Middle School

Hasagama Middle School wants to raise money for a new sound system for its auditorium. The primary fund-raising event is a dance at which the famous disc jockey D.J. Rivet will play classic and not-so-classic dance tunes. Will Schuester, the music and theater instructor, has been given the responsibility for coordinating the fund-raising efforts. This is Will’s first experience with fund-raising. He decides to put the eighth-grade choir in charge of the event; he will be a relatively passive observer.

Will had 500 unnumbered tickets printed for the dance. He left the tickets in a box on his desk and told the choir students to take as many tickets as they thought they could sell for $5 each. In order to ensure that no extra tickets would be floating around, he told them to dispose of any unsold tickets. When the students received payment for the tickets, they were to bring the cash back to Will and he would put it in a locked box in his desk drawer. Some of the students were responsible for decorating the gymnasium for the dance. Will gave each of them a key to the money box and told them that if they took money out to purchase materials, they should put a note in the box saying how much they took and what it was used for. After 2 weeks the money box appeared to be getting full, so Will asked Luke Gilmor to count the money, prepare a deposit slip, and deposit the money in a bank account Will had opened.

The day of the dance, Will wrote a check from the account to pay the DJ. D.J. Rivet, however, said that he accepted only cash and did not give receipts. So Will took $200 out of the cash box and gave it to D.J. At the dance Will had Mel Harris working at the entrance to the gymnasium, collecting tickets from students, and selling tickets to those who had not prepurchased them. Will estimated that 400 students attended the dance.

The following day Will closed out the bank account, which had $250 in it, and gave that amount plus the $180 in the cash box to Principal Foran. Principal Foran seemed surprised that, after generating roughly $2,000 in sales, the dance netted only $430 in cash. Will did not know how to respond.

Required: Identify as many cash control weaknesses/ improper handling of cash as you can in this scenario, and suggest how each can be addressed.

In: Accounting

Gathering and graphing data Go to the Federal Reserve Bank of St. Louis FRED database and...

Gathering and graphing data

Go to the Federal Reserve Bank of St. Louis FRED database and obtain annual data from

1970 to 2016 on “Constant GDP per Capita” for each of the G7 countries (Canada,

France, Germany, Italy, Japan, the United Kingdom, and the United States).

a. Move each country’s data on the same Excel spreadsheet and plot the series.

Which country had the highest GDP per capita in 1970? Which country had

the highest GDP per capita in 2016?

In: Economics

You are a manager at a firm like Sanofi, a French pharmaceutical company doing business in...

You are a manager at a firm like Sanofi, a French pharmaceutical company doing business in China, the United Kingdom, and the United States. Like Sanofi, your stock is traded on the New York Stock Exchange and on the London Stock Exchange. Some of your sales representatives gave doctors employed in state-owned Chinese hospitals very expensive Rolex watches for prescribing your drugs. Is your firm potentially liable under FCPA? Under the U.K. Bribery Act? Explain your answers.

In: Economics

According to the British United Provident Association, a major health care provider in the U.K., snoring...

According to the British United Provident Association, a major health care provider in the U.K., snoring can be an indication of sleep apnea which can cause chronic illness if left untreated. In the United States, the National Sleep foundation reports that 36.8% of the 995 adults they surveyed snored. Of the respondents, 81.5% were over the age of 30, and 32% were both over the age of 30 and snorers.

A. What is the probability of snoring?

B. What percent of the respondent were 30 or younger and did not snore?

In: Math

In some countries, like the United Arab Emirates, religion plays a strong role in laws governing...

In some countries, like the United Arab Emirates, religion plays a strong role in laws governing how people live their daily lives. For example, during the celebration of Ramadan, it is illegal to eat, drink or smoke in public during daylight hours (even in your car!). In the United States, the Establishment Clause of the Constitution is supposed to prevent religion from playing this sort of political role (although it doesn’t always). What reasons might there be for favoring the Establishment Clause? What reasons might there be for opposing it?

In: Operations Management

Select from among the following statements that are true. A. The Uniform Probate Code (UPC) is...

Select from among the following statements that are true.

A. The Uniform Probate Code (UPC) is a uniform act prepared by the National Conference of Commissioners on Uniform State Laws. The UPC governs inheritance and decedents' estates in the United States and is designed to streamline the probate process. B. Like the Uniform Commercial Code, the UPC has been adopted in all 50 states. C. State law governs the creation and implementation of wills. Federal law governs the creation and implementation of trusts. D. State law governs the creation and implementation of wills and trusts. E.Both the federal government and many states levy estate taxes. F. The U.S. Constitution prohibits states from levying estate taxes.

In: Finance

SERVICE MARKETING SUBJECT IMPORTANT: QUESTIONS ONE (1) TO FOUR (4) WILL BE BASED ON THE CASE...

SERVICE MARKETING SUBJECT
IMPORTANT: QUESTIONS ONE (1) TO FOUR (4) WILL BE BASED ON THE CASE
STUDY BELOW
Most major cities in Asia have one stand out classic luxury hotel. Singapore has the Raffles, Bangkok has the Oriental, Hong Kong has the Peninsula, Rangoon has the Strand and Penang has the Eastern & Oriental. In Kuala Lumpur (KL), The Majestic is a hotel that was built in 1932 on a site facing KL’s famous old moghul-style railway station. The German Consul’s official residence and gardens used to occupy this plot until World War 1.
The hotel was once the top hotel in town and hosted many swanky parties and glamorous wedding
receptions. Famous actors, singers, artists and writers used to stay here.
A separate annex is set aside for smokers with its own bar, a pool table, private dining room, a card room and a cigar lounge. They also have a screening room which is a mini-cinema with comfy armchairs. A unique feature of the hotel is the Orchid Conservatory with its beautiful selection of orchids. There is also a Drawing Room and a Reading Room which both look wonderful.
As you would expect of a hotel of this standard, they have a luxurious spa with its own swimming pool overlooking the railway station. There is another swimming pool for hotel guests.
Having said that, it is within walking distance of top tourist attractions like the Old Railway Station, the State Mosque, the Islamic Arts Museum, Police Museum and, somewhat further, the Lake Gardens.
The hotel provides shuttle buses (or “luxury coaches” as the hotel calls them) for guests to KL Sentral and Starhill Gallery (Bukit Bintang), so getting around should not be a problem.
Sourced from: M. (2018, September 14). Majestic Hotel: Set to become KL's best? Retrieved from https://www.freemalaysiatoday.com/category/leisure/2018/09/15/majestic-hotel-set-to-become- kls-best/

QUESTION 1
Based on M.E. Sharpe’s (2006) work on marketing efforts in services, the Services Marketing Triangle is used to project marketing activities towards three components, namely customers, providers and the organization. Elaborate and discuss the Services Marketing triangle and how it can be used on a hotel like the Majestic Hotel.

QUESTION 2
As in the case discussed, it is seen that the hotel industry is a service oriented industry. In services marketing, it is known that services are different from goods. State the FIVE (5) unique characteristics of a service, as compared to physical goods.

QUESTION 3
Assume that you are the new Marketing Manager of the Majestic Hotel. State TWO (2) ways on
how advancements in IT may help the Majestic Hotel communicate their services to prospective customers.

QUESTION 4
Based on the case discussed, state any FIVE (5) unique selling points (USP) of the hotel.
  

In: Operations Management

1-Describe how rock musicals changed the trajectory of musical theater and give an example of two...

1-Describe how rock musicals changed the trajectory of musical theater and give an example of two early rock musicals.?

In: Psychology

Post the definition of an adhesion contract and an example of how dry cleaners or movie...

Post the definition of an adhesion contract and an example of how dry cleaners or movie theater might have an adhesion contract with the customers.

In: Operations Management

The Food and Drug Administration advises people against eating fish with mercury concentrations exceeding 1 part...

The Food and Drug Administration advises people against eating fish with mercury concentrations exceeding 1 part per million (ppm). Researchers wonder if the average mercury content of large-mouth bass in a certain state exceeds the limits and, thus, make such fish inedible.

They randomly sample large-mouth bass from randomly selected lakes in this state and record the amount of mercury in each fish. A p-value of 0.005 was obtained from a hypothesis test. Which of the following is a correct conclusion based on this p-value?

There is not enough evidence to indicate the average mercury content of largemouth bass in this certain state exceeds 1 part per million.
There is some evidence to indicate the average mercury content of largemouth bass in this certain state exceeds 1 part per million.
There is not enough evidence to indicate the average mercury content of largemouth bass in this certain state is 1 part per million.
There is strong evidence to indicate the average mercury content of largemouth bass in this certain state is 1 part per million.
There is strong evidence to indicate the average mercury content of largemouth bass in this certain state exceeds 1 part per million.

Sulfur dioxide affects human health when it is breathed in by irritating the nose, throat, and airways to cause coughing, wheezing, shortness of breath, or a tight feeling around the chest. The effects of sulfur dioxide are felt very quickly and most people would feel the worst symptoms in 10 or 15 minutes after breathing it in. Those most at risk of developing problems if they are exposed to sulfur dioxide are people with asthma or similar conditions (Australian Government, Sulfur dioxide (SO2) (Links to an external site.)Links to an external site.).

The United States Environmental Protection Agency has set a standard that sulfur dioxide (SO2) should not exceed 75 parts per billion (PPB) over a one-hour period. Fortunately, the United States has done a good job at reducing sulfur dioxide in the atmosphere.

To determine if the average SO2 of cities in the United States is less than 75 ppb, a random sample of 41 cities in the United States was taken. The average SO2 levels of the 41 cities was = 30.5 ppb.

(Note: the data used in this example is a bit old. SO2 levels have actually decreased more since these data were collected!)

What is the variable of interest?

whether or not a city has SO2 levels below 75 ppb
SO2 level
whether or not SO2 levels have decreased over time
cities in the United States
the number of cities in the sample

In: Statistics and Probability