(Identify and discuss the management skills that Jack Tillson possess)

(Identify and discuss the leadership skills that Jack Tillson possess)

(Identify and discuss the leadership style Jack Tillson possess.)

Scenario Information:

You are currently working as an associate reporting to the Senior Lead Consultant for Green Line Consultants. The Senior Lead Consultant has been contacted by Grace Polk, head of R&D for PureLife Foods, Grace explained that she has been working to get the initial planning of a new division started but it is time to hand over the reins to a new Executive Director who will be responsible for bringing the division together and establishing the new division as a well-oiled machine.   The Senior Lead Consultant has asked you to help conduct a candidate search for the position of Executive Director for the Fitness and Nutrition division.

PureLife Foods currently produces and distributes organic vegetarian food products to major retailers such as Giant and Safeway that in turn are sold to the public. PureLife has decided to start producing and distributing a line of all-natural energy bars with its existing contracted clients.

Consider the question, “Who is a manager and what is their job in an organization?” As PureLife Foods launches a new product division to design, develop and deliver energy bars, the company will need to bring in someone to manage this division. The desire of Grace Polk is that the new Executive Director for the Energy Bars Division will be open to innovative ways to develop green and sustainable products that will not only be popular among the traditional PureLife Foods customer base, but also will be the face of the organization when marketing company products.

Partnering with Green Line Consultants, Grace will be vetting three potential candidates who will be expected to jump in and begin the development of management plans that will be used to establish the new division. The transcripts from the interviews of the three potential candidates have been given to the Green Line Consultants team who will help Grace. The new Executive Director will be a Manager of the 21^st Century who will be able to instill the culture, value and traditions of PureLife Foods into the employees hired as managers and employees.

In the beginning, the Executive Director will be the face of PureLife Food’s marketing brand. In addition, this new employee will need to be able to motivate not only the employee base of these new products but also motivate a new customer base for PureLife Foods on the ‘difference’ PureLife Foods will bring to the Energy Bars industry. Currently, the Energy Bars industry consists a lot of well-established companies, and a strong entry will be key to grab market share. Innovative and well-made products, good marketing, and a clear strategy will be critical to a strong entry, so bringing in a strong director will be key.

Jack Tillson

Jack is the current owner of Bigsby Frozen Foods that focuses on vegetarian frozen meals, with over $300M in sales annually. PureLife Foods recently agreed to purchase Bigsby’s and made a promise for Jack to receive a position within the organization as part of the purchase agreement. It was agreed that Rico Manuel, Jack’s long-time expert Frozen Foods Director would take over as Director of Operations for the PureLife Foods’s supplement division. Terry Schinn, PureLife’s COO, has asked to have Jack vetted carefully to see if maybe this new position would be a good fit for his executive level management and leadership skills. Terry also believes that since ‘Jack can run his own company he should be able to run a new division.’ The purchase of Jack’s company by PureLife Foods has a stipulation that Jack must be provided with a ‘high level’ position within the organization. Prior to starting the company 17 years ago Jack was an officer in the US Air Force working in logistics. During Grace’s conversations with Jack, he admitted that he handled the operations and financial side of the company for many of the company’s initial years while Rico led the marketing campaigns that helped the company grow exponentially for the first few years and maintain steady growth thereafter. However, he believes that since he has been leading Bigsby’s through its growth that he could easily manage PureLife Foods into a new venture. Jack feels confident he is the best candidate and is a front runner for the position.

Offices are getting more casual. Companies relax their formal dress code for many reasons: they want to attract top candidates, to create a more relaxed work environment and to allow employees to be creative with their dress, which may translate to job creativity and productivity. Two large companies, Company A and Company B, are considering whether they should relax the dress code for their office workers as well. Independently, they randomly sampled their office employees to collect their opinions, and the resulting data are provided in the table below. We are interested if the proportion of all office workers in Company A who would like their company to relax the dress code is different from the proportion of all office workers in Company B who would like their company to relax the dress code, using a 10% significance level.

Recall the Steps for Testing Hypotheses:
1) State the appropriate hypotheses (the significance level has been selected to be 10%).
2) Check the necessary assumption(s) (you may assume that you have two independent random samples).
3) Perform the appropriate test (include all supporting computations for the test statistic and p-value, and the complete sketch of the p-value).
4) Give your statistical decision and provide a conclusion in context.

Dora Nyika is a student pursuing a Bachelor’s Degree in Business Studies (BBS) at a certain University in Zambia. Dora will graduate in one year’ time and has applied for a job with an international telecommunication company. As part of the company’s evaluation process, she has been asked to take an examination which covers several time value of money concepts and principles. Dora has been asked to provide answers to the following questions: (a) To draw time lines for: (i) An uneven cash flow stream of K500, -K700, K850 and K200 at the end of years 0 to year 3 (ii) A K50,000 lump sum cash flow at the end of year 3. (iii) An ordinary annuity of K5,000 per year for 3 years (b) How long it will take a sum of money of money (or anything else) to grow to some specified amount. For example, if a company’s production is growing at a rate of 15% per year, how long will it take production to double? Say we want to find out how long it will take us to double our money at an interest rate of 15%. Note: do not use the rule of 72 when answering this question (c) If you want an investment to double in 4 years, what interest rate must it earn? (d) What is the future value of a 5-year ordinary annuity of K2,000 if the appropriate rate of return is 8%? (e) What is the present value of the ordinary annuity? (f) What would be the future and present values if the annuity were an annuity due? Instructions: Answer the above questions on behalf of Dora Nyika and present the work in a report format.

True or False questions

Michael Baker and Michael Gluk were the CEO and CFO of ArthroCare Corporation, a public company. Due to fraud committed by two senior vice presidents of ArthroCare, John Raffle and David Applegate, ArthroCare misstated its earnings in various SEC filings from 2006 to 2008. Pursuant to the clawback provisions of §§ 302 and 304 of Sarbanes-Oxley Act and acting on behalf of ArthroCare, the SEC sought recovery from Baker and Gluk in the amount of cash bonuses, incentives, and equity-based compensation that Baker and Gluk earned during the affected periods. The SEC argued that Baker and Gluk were liable because they were the CEO and CFO at the time and thus signed the filings that required restatements. Baker and Gluk argued that they did not commit any conscious wrongdoing, did not themselves commit any violation of securities law, and should not be required to disgorge their compensation.

Problem 8-74A Payroll Accounting Jet Enterprises has the following data available for its April 30, 2019, payroll: Wages earned $485,000 * Federal income taxes withheld 92,300 * All subject to Social Security and Medicare matching and withholding of 6.2% and 1.45%, respectively. Federal unemployment taxes of 0.70% and state unemployment taxes of 0.90% are payable on $405,700 of the wages earned. Required: If required, round your answers to the nearest cent. 1. Compute the amounts of taxes payable and the amount of wages that will be paid to employees. Enter amounts as positive numbers. Social Security $ 30,070 Medicare $ 7,033 Federal unemployment $ 2,840 State unemployment $ 3,651 Net pay $ 355,597.50 Feedback 1. Payroll taxes are withheld from employee wages and salaries, and then paid to the taxing authority. Prepare the journal entries to record the wages earned and the payroll taxes. If an amount box does not require an entry, leave it blank. Apr. 30 Wages Expense 485,000 Federal Income Taxes Withholding Payable 92,300 Social Security Taxes Payable

Problem 8-74A
Payroll Accounting

Jet Enterprises has the following data available for its April 30, 2019, payroll:

* All subject to Social Security and Medicare matching and withholding of 6.2% and 1.45%, respectively.

Federal unemployment taxes of 0.70% and state unemployment taxes of 0.90% are payable on $405,700 of the wages earned.

Required:

If required, round your answers to the nearest cent.

1. Compute the amounts of taxes payable and the amount of wages that will be paid to employees. Enter amounts as positive numbers.

Feedback

1. Payroll taxes are withheld from employee wages and salaries, and then paid to the taxing authority.

Prepare the journal entries to record the wages earned and the payroll taxes. If an amount box does not require an entry, leave it blank.

Feedback

1. Payroll taxes are withheld from employee wages and salaries, and then paid to the taxing authority.

2. Conceptual Connection: Jet would like to hire a new employee at a salary of $65,000. Assuming payroll taxes are as described above (with unemployment taxes paid on the first $9,000) and fringe benefits (e.g., health insurance, retirement, etc.) are 25% of gross pay, what will be the total cost of this employee for Jet? Round your answer to two decimal places.
$

Pls answer all parts for Upvote

Sound-Around Turntables (SAT) is a regional manufacturer of high fidelity turntables. It has been in business in Detroit, Michigan since 2008 and has steadily increased sales volume as U.S. sales of vinyl albums re-ignited.

Robert Ritchie, CEO for SAT received an order for 2,500 turntables for Best Buy, a national electronics retailer. Production for this order will begin in late March and the customer order must be delivered on June 1. Since SAT builds to order, Ritchie needs to begin ordering parts from his global supply base soon.

An important needed component is the turntable motor that is normally purchased from Dongguan Electric. The supplier is located in Kaohsiung City, Taiwan. The product is high quality and SAT has worked with Dongguan for 7 years. All units in the order would be shipped at one time. However, the company recently raised its prices citing higher material costs due to rising tariffs.  

Last week, Ritchie received a proposal from an Argentinian company that wants to become a supplier to SAT. Maduro Motors promises to make monthly deliveries of 500 units starting on December 15. Ritchie likes the idea of reducing the supplier-to-factory distance and receiving monthly deliveries. However, Ritchie doesn’t know much about this supplier or the political environment in Argentina.

The Options

Dongguan Electric currently sells the 20W synchronous motor to SAT for 825 TWD per unit. Order cycle time is 46 days. Terms are listed as DAT, Chicago Tradeport.

Maduro Motor proposes to sell a similar 20W electric motor to SAT for 875 ARS per unit. Order cycle time is 18 days. Terms are listed as FAS, Port of Mar del Plata.

Exchange Rates

Answer the following questions:

1. Evaluate the selling price and related costs per unit offered by each supplier in US dollars.

2 a. What costs, responsibilities and risks are assumed by the buyer (SAT) and the seller (Dongguan Electric) under Incoterms 2010, DAT, Chicago Tradeport?

b. What costs, responsibilities and risks are assumed by the buyer (SAT) and the seller (Maduro Motor) under Incoterms 2010, FAS, Port of Mar del Plata?

3. Given your responses to Questions 1 and 2, what is the total known cost per motor that SAT will incur and what other costs will SAT incur?

4. What other costs and factors would you consider during the supplier selection process?

5. Which global supplier would you select? Why?

4. You later learn that people from the ‘class’ group from Q3 had classmates who had also tried Duolingo. (IE these classmates had started in a ‘class only’ group, and then added ‘duolingo’). The data for these people are provided below. 4a. State the null and alternative hypotheses (1 point) 4b. Calculate the test statistic (3 points); and state your conclusion (use the same alpha from Q3) (1 point) 4c. What are some reasons why your conclusions from Q3 and Q4 differ from one another? (Especially despite the larger sample size in Q3)

Lehman company, a firm that has either failed or came close to collapsing during the Financial Crisis of 2007-2009,

1. Describe in some detail the events that led to the failure of the firm. What went wrong?
2. Describe the interconnectedness of the firm, and how that may have played a role in the US government’s response to its pending failure.