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Leadership & Managing People Case Starbucks announcement that it will close few stores in Saudi Arabia...

Leadership & Managing People Case
Starbucks announcement that it will close few stores in Saudi Arabia admission of limits to growth.
The founder Howard Schultz recognized the problem that his own growth strategy had created: “Stores no longer have the soul of the past and reflect a chain of stores vs. the warm feeling of a neighborhood store.” Starbucks tried to add value through innovation, offering wi-fi service, creating and selling its own music. More recently, Starbucks attempted to put the focus back on coffee, revitalizing the quality of its standard beverages. But none of these moves addressed the fundamental problem: Starbucks is a mass brand attempting to command a premium price for an experience that is no longer special.
How will you help company to recover and expand its operation in Saudi Arabia. The Company hired you as CEO of Starbucks coffee in Saudi Arabia

1. Identify and describe the four managerial functions that can be applied in Starbucks business in Saudi Arabia. (200 – 300 words)

2. Explain the different types of planning for the different levels of management in Starbucks in KSA. Include the typical time frame for which each plan is created. (200 – 300 words)

In: Economics

Leadership & Managing People Case Starbucks announcement that it will close few stores in Saudi Arabia...

Leadership & Managing People Case

Starbucks announcement that it will close few stores in Saudi Arabia admission of limits to growth.

The founder Howard Schultz recognized the problem that his own growth strategy had created: “Stores no longer have the soul of the past and reflect a chain of stores vs. the warm feeling of a neighborhood store.” Starbucks tried to add value through innovation, offering wi-fi service, creating and selling its own music. More recently, Starbucks attempted to put the focus back on coffee, revitalizing the quality of its standard beverages. But none of these moves addressed the fundamental problem: Starbucks is a mass brand attempting to command a premium price for an experience that is no longer special.

How will you help company to recover and expand its operation in Saudi Arabia. The Company hired you as CEO of Starbucks coffee in Saudi Arabia

Assignment Objectives & Requirements:

1. To sustain and expand the Starbucks Stores in Kingdom of Saudi Arabia, you have to write the: (400 – 500 words)

a. Identify the competitive advantage (s) in business for growth

b. What are the different Products and type of services that can be offered.

c. Business objective/goals/vision

In: Economics

Cisco Systems: Evolution of Structure OVERVIEW The evolution of Cisco from a university campus networking solution...

Cisco Systems: Evolution of Structure OVERVIEW The evolution of Cisco from a university campus networking solution to a global technology leader has been a dynamic process. The speed of technological innovation means that managers are already talking about the “next new thing” during the launch of each new product or service. Parallel with the rapid technological evolution at Cisco are the changes in organizational structure. As Cisco expanded, visionary John Chambers was brought in as CEO, and he expanded the company into advanced technologies. By 2000, Cisco had attained a brief designation as the world’s most valuable company. Will the evolution of Cisco continue? And if so, what will it look like? Company history indicates that, just as a quick response is needed in the rapid evolution technology products and services, the company must remain aware of structural changes needed within the organization to maintain its leadership position. Critical Thinking Questions:

1. Discuss the organizational structure at Cisco Systems. (Lo 1.6 & 2.2) 200 words

2. What design changes were needed? (Lo 2.9) 200 words

3. How has Cisco’s structure continued to evolve? (Lo 1.6 & 2.2) 200 words

In: Operations Management

Eagle Corporation operates under ideal conditions of certainty. It acquired its sole assets (a pen making...

Eagle Corporation operates under ideal conditions of certainty. It acquired its sole assets (a pen making machine) on January 1, 2020. The asset will yield $500 cash for 4 years at the end of the year; from 2020 to 2023, inclusive, after which it will have no salvage value or disposal costs. The interest rate in the economy is 4%. The purchase of the asset was financed by the issuance of common shares. Eagle Corporation will pay no dividend at the end of each year.

Required

Prepare a balance sheet AND income statement as at the end of December 31, 2020.
b. Under ideal conditions, what is the relationship between present value and market value? Explain why

In: Accounting

Creprie Ltd acquired all the shares in Bretonne Ltd on 30 June2020. At the date...

Creprie Ltd acquired all the shares in Bretonne Ltd on 30 June 2020. At the date of acquisition Bretonne Ltd had a dividend payable of $42,000. The shares are acquired cumulative div. The dividend is paid on 8 July 2020. Which of the following statements is correct?



As Creperie Ltd does not receive the dividend when it is paid, no consolidation adjusting entry is required to eliminate the dividend payable and dividend receivable account at the date of acquisition.



As Creprie Ltd receives the dividend when it is paid, no consolidation entries are required to eliminate dividend payable and dividend receivable at 30 June 2020.



As Creprie Ltd receives the dividend when it is paid, a consolidation adjusting entry is required to credit the dividend receivable at 30 June 2020.



As Creprie Ltd receives the dividend when it is paid, a consolidation adjusting entry is required to debit the dividend payable at 30 June 2021.

In: Accounting

After graduating from college, you landed a $75,000 job and were happy with it until your...

After graduating from college, you landed a $75,000 job and were happy with it until your friends started going back to school. Now the MBA is on your mind as well. The cost of a good MBA program is $40,000 a year and such programs require that your are a full-time student. It will take you two years to graduate and you will have to leave your job, while attending school. You expect that the starting salary for an MBA professional will be $120,000 by the time you graduate and will increase by 2 percent every year. If you stay at your current job, your salary will be $77,500 at age 25 and will increase by 1% until you retire. Your opportunity cost of capital is 12%. Is this a good decision, if you start your MBA program when you are 25 and retire when you turn 55 (assume the same retirement age for both options.)

In: Finance

Jill starts to save money for her tuition payments needed for a reputed MBA program she...

Jill starts to save money for her tuition payments needed for a reputed MBA program she wishes to begin in 5 years. Beginning today she will deposit $5000 each year into a MBA tuition account. The last payment will be made 5 years from today (i.e., she will make 6 equal annual deposits). Starting three months after making her final deposit, she will withdraw quarterly to pay tuition for each of the following 5 quarters (i.e. she will make 5 withdrawals in all). Assume that the MBA tuition account earns 1% quarterly during the period she makes withdrawals. The quarterly tuition she is committed to paying towards her MBA is closest to:

1) $6,766 2) $6,545 3) $6,610 4) $7,036 5) $6,833

Please answer. Thank you!

In: Finance

Imaginary story You have just been appointed as the Finance Director for South East Asia of...

Imaginary story
You have just been appointed as the Finance Director for South East Asia of a large multinational bank (the Bank of Northeastern States), based in the United States and headquartered in Boston, Massachusetts. You have been posted to a recent acquisition of a Stock Market listed manufacturing plant, Peninsula Transport located in a small township some 40 kilometres outside the capital city of Indonesia. Your instructions are to asset strip the acquired company then close it down within one year.
Two weeks into your appointment and having just arrived in Jakarta you are given a company provided apartment and have spent several days unpacking and settling in with your family. Today is your first day at work and Mr Mohamed, the incumbent CEO a man who has inherited the company from his father informs you that he knows exactly why you are in Indonesia and begs you not to close his company. As the day progresses, you begin to realise that before the $ 100 million acquisition, the factory had been a wholly owned family business that had served the community for more than four decades and employed just under half the town’s available workforce of three thousand people. Indeed, there were many families, some with three generations in current employment with the company. In addition, you also realise that many small and medium local enterprises support the factory and that to close it will devastate the entire community. The CEO claims that he and his family are victims of a conspiracy to close the factory and sell the land to build real estate on it. He shows you a newspaper report from several years ago that clearly depicts the land surrounding the town being earmarked for development under the government’s plans for the future of the area. This involves building several thousand residential units and expanding the township into a commuter suburb serving the capital city.
Mr Mohamed informs you that he has rejected several offers from the government and has successfully fought them in the courts and obtained ‘heritage status’protection to overturn a local government order for compulsory purchase of the land from his family who have owned it for several generations.
The local CEO also informs you that he has evidence of bribes and gifts being made by the Bank of Northeastern States to local politicians, as well as substantial donations to National People’s Party, a political party who are the incumbent government. It is very clear that there is a trail of corruption leading all the way back to your employers in Boston. That night you call your CEO at Northeastern Bank to inform him and are shocked when he responds with threats against you and your family that if you don’t do as instructed you will be arrested and thrown in jail by local police. The next morning before you leave for work, you are paid a clandestine visit by a senior police officer and he also informs you in a veiled threat that your situation in Indonesia leaves you and your family very vulnerable. At this point, you realise that you have been lied to by the Board of Northeastern States Bank and that they are partners in a web of corruption worth tens of millions of US Dollars involving local Indonesian politicians and local police.
You find yourself in a dilemma. If you follow through with your instructions you understand that you will be responsible for the social consequences of closing the factory and will be just as guilty as those who are involved in the conspiracy. If you don’t you will be fired and face an uncertain future in which you and your family, having already been threatened, leaves you in no doubt of the consequences of being arrested and detained in a foreign country where you have no rights.

Two questions to discuss:
1) What should you do?
2) Why would you do that?

In: Accounting

Snap on damage started business January 1st 2019 after receiving a loan of $10,000 from equity...

Snap on damage started business January 1st 2019 after receiving a loan of $10,000 from equity bank. The company also received $10,000 from an investor in return to be paid dividends at the end of the year. The company purchased a piece of land for $ 8000 to serve as a parking space for university students who go to the university across the street. The company incurred $ 2500 expenses during the year to repair the road which leads to the parking lot. The company leased the Parking lot to the university and received $3000 to cover the whole year. At the end of the year they paid dividends of $800 to the investor. REQUIRED: A. INCOME STATEMENT (NET INCOME). B. Cash flow statement C. Retained earnings statement D. Balance sheet

In: Accounting

Forte Inc. produces and sells theater set designs and costumes. The company began operations on January...

Forte Inc. produces and sells theater set designs and costumes. The company began operations on January 1, 20Y6. The following transactions relate to securities acquired by Forte Inc., which has a fiscal year ending on December 31, 20Y6:

Jan. 10 Purchased an influential interest in Imboden Inc. for $720,000 by purchasing 96,000 shares directly from the estate of the founder of Imboden Inc. There are 300,000 shares of Imboden Inc. stock outstanding.
Dec. 31 Received $57,600 of cash dividends on Imboden Inc. stock. Imboden Inc. reported net income of $450,000 in 20Y6. Forte Inc. uses the equity method of accounting for its investment in Imboden Inc.
Required:
1. Journalize the entries to record these transactions. Refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered.
2. Should Forte Inc.’s investment in Imboden Inc. be reported at fair value on its financial statements for the year ending December 31, 20Y6?

In: Accounting