Come up with a 5 elements of each category of the SWOT of 1-800-GOT-JUNK?

Eighteen thousand expired cans of sardines.84 Fifty garden gnomes. A mechanical bull. Trophies from a nudist colony. These objects are just some of the weird items that Vancouver-based 1-800-GOT-JUNK? customers have asked the uniformed people in the freshly scrubbed blue trucks to haul away. Company founder and CEO Brian Scudamore discovered a lucrative niche between “trash cans and those big green bins dropped off by” the giant waste haulers. But even in such an uncomplicated business as hauling people’s junk, Scudamore must be concerned with managing change and innovation.

1-800-GOT-JUNK? is an award-winning company with a corporate staff of about 300 individuals. “With a vision of creating the ‘FedEx’ of junk removal,” says Scudamore, “I dropped out of university with just one year left to become a full-time JUNKMAN! Yes, my father, a liver transplant surgeon, was not impressed, to say the least.” However, in 2011, the company had more than 200 franchises, and system-wide revenues were over $100 million.85 Not surprisingly, Scudamore’s father is a little more understanding these days about his son’s business. Since 1997, the company has grown exponentially. The company made the list of Entrepreneur magazine’s 100 fastest-growing franchises in 2005 and 2006. It was named one of the Best Employers in Canada by Canadian Business, and Scudamore won the International Franchise Association’s Entrepreneur of the Year award. Scudamore also started two newer franchises: Wow 1 Day Painting and You Move Me.

Hauling junk would be, to most people’s minds at least, a pretty simple business. However, the company Scudamore founded is a “curious hybrid.” It has been described as a blend of “old economy and new economy.” The company’s service—hauling away trash—has been done for hundreds, if not thousands, of years. But 1-800-GOT-JUNK? also relies heavily on up-to-date information technology and has the kind of organizational culture that most people associate with high-tech startups. The company uses its 1-800-GOT-JUNK? call centre to do the booking and dispatching for all its franchise partners. The franchise partners also use the company’s proprietary intranet and customer relationship management site—dubbed JunkNet—to access schedules, customer information, real-time reports, and so forth. According to Scudamore’s philosophy, this approach allowed franchise partners to “work on the business” instead of “work in the business.” On any given day, all a franchisee has to do is open up JunkNet to see the day’s schedule. If a new job comes in during a workday, the program automatically sends an alert to the franchisee. Needless to say, the company’s franchisees tend to be quite tech-savvy. In fact, some of them have installed GPS devices in their trucks to help find the most efficient routes on a job. Others use online navigation sites. With the price of gas continuing to increase, this type of capability is important.

1-800-GOT-JUNK? has a culture that would rival any high-tech startup. The head office is known as the Junktion. Grizzly, Scudamore’s dog, comes to the office every day and helps employees relieve stress by playing catch anytime, anywhere. Each morning at exactly 10:55, all employees at the Junktion meet for a seven-minute huddle, where they share good news, announcements, metrics, and problems they are encountering. Visitors to the Junktion have to join the group huddle, too. One of the most conspicuous features of the Junktion is the “Vision Wall,” which contains the varied outputs of Scudamore’s brainstorms. Other members of the executive team have visions for the company’s future as well. Periodically they will wander through the offices of Genome Sciences Centre, the tenant occupying the space above them, to visualize a future when GOT-JUNK? has expanded so sufficiently that it will take over that office space. Scudamore does not use a permanent desk, instead preferring to sit in different spaces to talk with people and get a sense of what is going on in the business.

Company franchisees are also encouraged to take initiative and be innovative. For example, the Toronto franchise, which has 12 trucks, sometimes gets a blue truck motorcade going down Yonge Street through the heart of the city as a way to be noticed and to publicize its services. Despite the company’s success to date, Scudamore is wondering whether he is prepared to face whatever changes may happen in the environment in the years to come.

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STAT 213 Assignment 3: Problem 5

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(1 point)

To examine the effectiveness of its four annual advertising promotions, a mail order company has sent a questionnaire to each of its customers, asking how many of the previous year's promotions prompted orders that would not have otherwise been made. The accompanying table lists the probabilities that were derived from the questionnaire, where X is the random variable representing the number of promotions that prompted orders. If we assume that overall customer behavior next year will be the same as last year, what is the expected number of promotions that each customer will take advantage of next year by ordering goods that otherwise would not be purchased?

Expected value =

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A previous analysis of historical records found that the mean value of orders for promotional goods is 35 dollars, with the company earning a gross profit of 22% on each order. Calculate the expected value of the profit contribution next year.

Expected value =

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The fixed cost of conducting the four promotions is estimated to be 17000 dollars with a variable cost of 2 dollars per customer for mailing and handling costs. What is the minimum number of customers required by the company in order to cover the cost of promotions? (Round your answer to the next highest integer.)

Breakeven point =

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To test whether the mean time needed to mix a batch of material is the same for machines produced by three manufacturers, the Jacobs Chemical Company obtained the following data on the time (in minutes) needed to mix the material.

a. use these data to test whether the population mean times for mixing a batch of different material differs for the three manufacturers. use .05

Compute the Values below

Calculate the value statistic

B. a the .05 level of significance, use the fisher LSD procedure to test the equality of the means for manufacturer 1 and 3

Calculate Fisher's LSD value

"A producer of various feed additives for cattle conducts a study of the number of days of feedlot time required to bring beef cattle to market weight. Eighteen steers of essentially identi- cal age and weight are purchased and brought to a feedlot. Each steer is fed a diet with a specific combination of protein content, antibiotic concentration, and percentage of feed supplement. The data are as follows:

STEER   PROTEIN ANIBIO  SUPPLEM TIME
1       10      1       3       88
2       10      1       5       82
3       10      1       7       81
4       10      2       3       82
5       10      2       5       83
6       10      2       7       75
7       15      1       3       80
8       15      1       5       80
9       15      1       7       75
10      15      2       3       77
11      15      2       5       76
12      15      2       7       72
13      20      1       3       79
14      20      1       5       74
15      20      1       7       75
16      20      2       3       74
17      20      2       5       70
18      20      2       7       69

8. Calculate the coefficient of determination and interpret.

9. Suppose x1 = PROTEIN, x2 = ANTIBIO and x3 = SUPPLEM, and you enter these predictors in the model in the order of x1, x2, x3. Find SSR(x2 | x1) and SSR(x3 | x1, x2). What do they mean?

10. Test whether adding ANTIBIO and SUPPLEM provides any additional predictive value, given that PROTEIN is already in the model. Include all steps of a statistical test.

1. The system of using a monetary unit, such as the US dollar, to value the transaction is known as which of the following?

a. monetary measurement concept

d. separate entity concept

c. going concern assumption

d. time period assumption

2. Which of these statements is false?

a. Liabilities – Equity = Assets

b. Assets = Liabilities + Equity

c. Assets – Liabilities = Equity

d. Liabilities = Assets – Equity

3. Which of the following principles matches expenses with associated revenues in the period in which the revenues were generated?

a. expense recognition (matching) principle

b. revenue recognition principle

c. cost principle

d. full disclosure principle

4. Which of the following is the principle that a company must recognize revenue in the period in which it is earned; it is not considered earned until a product or service has been provided?

a. revenue recognition principle

b. expense recognition (matching) principle

c. cost principle

d. full disclosure principle

A real estate investor buys two properties. Monthly net income from the first property (an apartment building) is $1,000 times the number of apartments that are rented out, minus $1,800 in property taxes and maintenance expenses. The number of apartments that are rented out is a random variable, X, with mean 20 and standard deviation 3. Monthly net income from the second property (a parking lot) is ninety percent of revenue (the management company takes the other ten percent), minus $1,200 in property taxes and maintenance. Revenue is a random variable, Y, with mean $20,000 and standard deviation $200. The correlation between the number of apartments rented out (X) and revenue from the parking lot (Y) is 0.4.

a. Calculate the real estate investor’s expected monthly net income from these two properties:

b. Compute the covariance from the correlation:

c. Calculate the variance of monthly net income from these two properties

Andrea Apple opened Apple Photography on January 1 of the current year. During January, the following transactions occurred and were recorded in the company's books: 1. Andrea invested $14,600 cash in the business in exchange for common stock. 2. Andrea contributed $31,000 of photography equipment to the business in exchange for common stock. 3. The company paid $3200 cash for an insurance policy covering the next 24 months. 4. The company received $6800 cash for services provided during January. 5. The company purchased $7300 of office equipment on credit. 6. The company provided $3850 of services to customers on account. 7. The company paid cash of $2600 for monthly rent. 8. The company paid $4200 on the office equipment purchased in transaction #5 above. 9. Paid $385 cash for January utilities.

Based on this information, the amount of total stockholders' equity-reported on the Balance Sheet at the end of the month would be:

$52,400.

$46,800.

$53,265.

$41,765.

$44,350.

Many companies make annual reports available on their corporate web page, often under an Investors tab. Annual reports also can be accessed through the SEC’s EDGAR system at www.sec.gov (under Filings, click Company Filings Search, type in Company Name, and under Filing Type, search for 10-K). Access the most recent annual report for a company with which you are familiar to complete the following requirements. Required Prepare a one-page report describing your findings for the following: 1. The company’s reported operating segments and whether they are based on product lines, geographic areas, or some other basis. 2. The importance of each operating segment for the company as a whole in terms of revenues, income, and assets. 3. Whether the company provides any enterprisewide disclosures in addition to disclosures related to its operating segments. 4. Whether the company provides disclosures about major customers.

Saving the Glaciers

The glaciers have been disappearing from Glacier National Park in Montana and adjoining Waterton National Park in Canada. In 1850, Glacier is said to have had 150 glaciers; in 2006 there were 27. In response to this trend, various organizations petitioned for the parks to be designated endangered by being placed on the danger list of the World Heritage Committee. As one report says,

Endangered status would require the World Heritage Committee to find ways to mitigate how climate change affects the park, [the law professor who wrote the petition] said . . . Better fuel efficiency for automobiles and stronger energy efficiency standards for buildings and appliances are among the ways to reduce greenhouse pollution that contributes to warming, the petition [said].

But some denounced the petition as unnecessary and unsupported by scientific data, while one group of scientists estimated that if climate trends continue, Glacier Park’s glaciers will disappear completely by 2030.

Justify your answers: Suppose the glaciers’ melting would have no appreciable effect on the environ- ment except that they would no longer exist. Would conservationists still be justified in trying to save the glaciers? If so, how could they justify their efforts? If not, why not? Suppose the glaciers could be saved only if the government spends $10 billion on pollution controls—money that would have to be taken away from social programs. Would this cost be worth it? Why or why not? Using the utilitarian Theory