What are five leadership and development strategies for a CEO? Some examples below.
Create a program for planning, training, and coaching that will ensure the effective performance of company leadership. The HR manager will be the resource for talent assessment, career path support, conflict counseling, and the development of training plans.
Develop and deliver a quarterly leadership training program.
Partner with management to target employees to focus talent assessment and coaching feedback.
Identify management that has high potential and execute a plan to drive their development.
Identify management that has performed poorly and execute a plan for performance improvement.
Identify positions where management has consistently performed poorly with lack of improvement after coaching, develop a plan to recruit a replacement.
In: Operations Management
...."Imagine you are a branding executive for a new Strategic Business Unit (SBU) of a major Hollywood movie studio. (For example, Pixar is an SBU of Disney Studios.)
Hint: Think Differentiation
In: Operations Management
In: Operations Management
Question: Mr Ahmed
Kumar runs a snack distribution business located in the Light
Industrial area in Lusaka....
Mr Ahmed Kumar runs a snack distribution business located in the
Light Industrial area in Lusaka. The following list of balances was
extracted from his ledger as at 31 March, 2020; the end of his most
recent financial year.
K
Capital 83,887
Sales 259,870
Trade accounts payable 19,840
Returns outwards 13,407
Allowance for doubtful debts 512
Discounts allowed 2,306
Discounts received 1,750
Purchases 135,680
Returns inwards 5,624
Carriage outwards 4,562
Drawings 18,440
Carriage inwards 11,830
Rent, rates and insurance 25,973
Heating and lighting 11,010
Postage, stationery and telephone 2,410
Advertising 5,980
Salaries and wages 38,521
Bad debts 2,008
Cash in hand 534
Cash at bank 4,440
Inventory as at 1st April 2019 15,654
Trade accounts receivable 24,500
Fixtures and fittings - at cost 120,740
Prov. for depreciation on fixtures and fittings – 31/03/2020 63,020
Depreciation 12,074
The following additional information as at 31st March, 2020 is available:
(a) Inventory at the close of business was valued at K17,750
(b) Insurances have been prepaid by K1,120
(c) Heating and lighting is accrued by K1,360
(d) Rates have been prepaid by K5,435
(e) The allowance for doubtful debts is to be adjusted so that it is 3% of trade accounts receivable.
Required:
For the year 2020, prepare Mr Kumar’s:
Unadjusted Trial Balance as at 31st March,
2020.
[10
Marks]
General Journal recording the adjustments highlighted
above.
[10
Marks]
Trading, Profit or Loss statement for the year ended
31st March, 2020.
[10 Marks]
Statement of financial position as at 31st
March, 2020.
[10
Marks]
[
In: Accounting
1. Suppose the initial Brazilian real to US dollar exchange rate is 4 reals (or “reais”) to 1 US dollar. The cost to buy a specified market basket of same quality products is $500,000 in the U.S. and R$1,400,000 in Brazil. Valued in U.S. dollar terms, the market basket in Brazil costs $350,000. (This market basket cost represents the combined price of thousands of products, and so also indicates an average price for those products.)
(e) Product prices in the U.S. and Brazil have changed. Using the prices in domestic currencies
for the two countries, does the ratio of Brazilian market basket price US market basket price (brazilian market basket price/ us market basket price) move toward or away from the initial nominal exchange rate?
· For (e and j), use the (Brazilian price/US price) ratio so as to match the (Brazilian reals/US dollar) ratio.
(f) There has been a change in the amount of imports that Brazilian firms (wholesalers, retailers etc.) buy. With this change in the buying of foreign products, what happens to the supply of Brazilian reals in foreign exchange markets? (Compared to the previous period, for example.)
(g) What happens to the price (strength, value) of the Brazilian real?
(h) There has been a change in the amount of imports that American firms (wholesalers, retailers etc.) buy. With this change in the buying of foreign products, what happens to the supply of American dollars in foreign exchange markets? (Compared to the previous period, for example.)
In: Economics
Some investors believe the VIX follows a mean-reversion process. Do you agree? Why? (Please proof your answer based on VIX returns from Jan. 02, 2000 to Apr. 25, 2020)
In: Accounting
Why are Americans consuming more of their energy from sugar than might be healthy? What recommendations do the Dietary Guidelines for Americans, 2015-2020 make in regards to sugar consumption? How can these recommendations be implemented?
In: Nursing
Case - Instashop
When John Tsioris moved to Dubai in 2013 with a well-paid job working for a lighting subsidiary of the Dutch consumer electronics group Philips, he did not feel entirely satisfied by his career move.
"I had a very strong desire to create something of my own and make the calls and give myself the chance to actually prove if something meaningful could be created on my own," says Mr Tsioris, the co-founder and chief executive of Instashop.
Two years later, at the age of 28, he quit his job as a marketing intelligence manager and started Instashop, an on-demand online grocery delivery company. The app-based service allows customers to order groceries for delivery on-demand from a wide selection of supermarkets and local neighbourhood retailers. Users can choose for their shopping to be delivered in scheduled time slots or within 60 minutes from some vendors.
"On the one hand it [was about] avoiding the limitations that naturally exist in large corporations and on the other [it was about] the strong desire to create something of my own," says Mr Tsioris, from Greece.
Today, Instashop has expanded to five countries, with more than 350,000 users and one of the highest retention rates for a mobile app.
In less than four years, InstaShop has expanded from the UAE to Qatar, Egypt, Lebanon and Bahrain. From 2016 to 2018, the app was nominated one of the region’s most promising start-ups to watch by Forbes Middle East. With a fast-growing monthly active user base of more than 350,000 people and over 150 employees, InstaShop aims to fulfil customer orders in under an hour. The platform lists several well-established supermarket names, including Union Co-op, Choithrams, Al Maya, Zoom, Aswaaq and Bluemart.
Reading resource
In: Operations Management
On January 1, 2018, Co. P acquired 90% of Co. S for $550,000, plus $15,000 in acquisition costs. On the date of acquisition, Co. S had the following balance sheet:
| Assets | Liabilities & Equity | ||
| Accounts Receivable | 150,000 |
Current Liabilities |
260,000 |
| Inventory | 180,000 | Bonds Payable | 250,000 |
| Land | 200,000 | Common Stock, $1 Par | 400,000 |
| Buildings | 550,000 | PIC In Excess of Par | 70,000 |
| Acc. Deprecition (Bldg) | (100,000) | Retained Earnings | 300,000 |
| Equipment | 400,000 | ||
| Acc. Depreciation (Equip) | (120,000) | ||
| Goodwill | 20,000 | ||
| Total Assets | 1,280,000 | Total Liab. & Equity | 1,280,000 |
An appraisal indicates that the following items have fair values that differed from their book values:
| Accounts Receivable | 140,000 |
| Inventory | 200,000 |
| Land | 200,000 |
| Buildings | 400,000 |
| Equipment | 100,000 |
| Patent | 300,000 |
| Bonds Payable | 220,000 |
Immediately after the purchase, Co. P had the following balance sheet:
| Assets | Liabilities & Equity | ||
| Cash | 50,000 | Current Liabilites | 200,000 |
| Accounts Receivable | 70,000 | Bonds Payable | 300,000 |
| Inventory | 130,000 | Common Stock | 150,000 |
| Investment in Co. S | 550,000 | PIC Excess of Par | 200,000 |
| Land | 350,000 | Retained Earnings | 800,000 |
| Buildings | 300,000 | ||
| Acc. Depreciation (Bldg) | (50,000) | ||
| Equipment | 190,000 | ||
| Acc. Depreciation | (40,000) | ||
| Goodwill | 100,000 | ||
| Total Assets | 1,650,000 | Total Liab. & Equity | 1,650,000 |
(1) Record the investment in Co. S.
(2) Prepare a value analysis schedule for the Investment in Co. S.
(3) Prepare a determination and distribution schedule for the investment in Co. S.
(4) Prepare all required elimination ertries for the January 1, 2018 consolidated worksheet in general journal form.
*Below is what I have for parts 1-3 so far, but I'm struggling with part 4 (something in 3 may be incorrect).
(1) Investment in State 550,000
Acquisition Expense 15,000
Cash 565,000
(2)
|
Value Analysis Schedule |
Company Implied Value |
Parent Price (90%) |
NCI Value (10%) |
|
Company Fair Value |
611,111 |
550,000 |
61,111 |
|
Fair Value of Net Assets (exclude G/W) |
860,000 |
774,000 |
86,000 |
|
Gain on Acquisition |
(248,889) |
(22,400) |
(24,889) |
(3)
|
D&D Schedule |
Company Implied Value |
Parent Price (90%) |
NCI Value (10%) |
|
Fair Value of Subsidiary |
611,111 |
550,000 |
61,111 |
|
Less BV of Interest Acquired: |
|||
|
Common Stock |
400,000 |
||
|
Paid-In Capital |
70,000 |
||
|
Retained Earnings |
300,000 |
||
|
Total SH’s Equity |
770,000 |
770,000 |
770,000 |
|
Interest Acquired |
90% |
10% |
|
|
Book Value |
693,000 |
77,000 |
|
|
Excess FV over BV |
(158,889) |
(143,000) |
(15,889) |
|
Adjustments to Identifiable Accounts: |
|||
|
Accounts Receivable |
(10,000) |
Credit |
|
|
Inventory |
20,000 |
Debit |
|
|
Buildings |
(50,000) |
Credit |
|
|
Equipment |
(180,000) |
Credit |
|
|
Patent |
300,000 |
Debit |
|
|
Goodwill |
(20,000) |
Credit |
|
|
Gain on Acquisition |
(248,889) |
Credit |
|
|
Decrease on Bonds |
30,000 |
Debit |
|
|
Total |
(158,889) |
In: Accounting
Which of the following scenarios would it be appropriate to use a normal approximation for the sampling distribution of the sample proportion?
Select one:
A researcher wishes to find the probability that more than 60% of a sample of undergraduate students from UNC will be female. She samples the first 42 students that walk into the gym on Monday morning. The population proportion of undergraduate females at UNC is known to be 60.1%.
A researcher wishes to find the probability that less than 5% of a sample of undergraduate students from Appalachian State University will be between the ages of 25 and 34. He randomly samples 50 undergraduate students from the student database. The proportion of undergraduates between the ages of 25 and 34 is 5.3%.
A grad student at NC state wants to know how likely it is that a group of students would be made up of more than 27% graduate students. She will randomly select 38 students and ask them if they are a graduate student or an undergraduate student. The population proportion of grad students at NC state is 26.6%.
A full-time student at Fayetteville State University wants to know how likely it is that a group of students would be made up of less than 70% full-time students. She will ask 30 people that she sees parking in the parking deck if they are full-time or part-time. The population of full-time students at Fayetteville State is known to be 72%.
In: Statistics and Probability