Perhaps they ought to indulge in the proposed office complex; while 18 million dollars is the largest sum of initial investment between three other projects it does appear to have the potential to yield the largest Return on Investment (ROI). Such risks are often times necessary to grow and expand the company into a world
In this situation, the company failed to report the write-off of uncollectible receivables and ignored discounts on outstanding receivables for large customers who were struggling to sell Leslie Fay’s products. With regards to the inventory account, Leslie Fay had been known within the industry to be behind the times with the latest fashion. Because of this, it would be reasonable to expect the company to report significant write-offs of inventory for items they were not able to sell, however, the inventory account actually increased over the examined time period. Accounts
The first issue was realized before the RFP proposal was submitted. Gary realized the original material did not meet the specified temperature required by Space Technology Industries (STI). They continued to have technical issues with alternate test matrix and with the new materials. Later in the project, they found the new material met the required temperature but it would last less than five years. Gary encountered ethical issues when the proposal was submitted that the material could withstand up to 155 degrees which is a stretch because the material could only withstand up to 130 degrees, using STI’s money to test new materials without informing them, withholding information about the age life of the new material and not sending out the technical data ahead of time to the clients so they could analyze it before the meeting allowed the clients to question Gary’s integrity.
West 49 is a determined company with a strong growth strategy which is to try to improve gross margin as a rate to net sales, improve profitability by lowering expenses and to drive continued growth in comparable store sales. West 49 is a company that is affected by the different seasons. Back to school sales and holiday season specials produce the most revenue for the company. The company strives on these times of the year because they generate the most revenue and keeps net sales high. West 49 has many risk factors.
This action will help the company down the road as fewer liabilities will result in less cash outflow, and place the company in a position to manage through the construction downturn. Another upside in the balance sheet was that The Home Depot has reported a $63 million dollar increase in stock holder´s equity. This information will be used by potential lenders or investors to determine if this company is worth the investment. In this case, it appears that The Home Depot would be a good credit risk, based on the latest
It became harder for the supervisors to keep track of their employees, therefore, making it difficult for the payroll department to deduct pay for the time the employees were late. Nine months after the removal of the time clocks, it was decided to re-introduce the time clocks. This decision stemmed from the lack of attendance, poor production,
To begin with, it defeats the whole point of having democratically elected officials. They are mandated with the responsibility of making decisions on behalf of the citizens. Having referendums undermines this role making them powerless, almost useless. Another disadvantage of holding referendums is the extensive period of time it takes. Referendums cannot be used to make a decision of immediate necessity as it takes weeks and sometimes months to come up with a final decision.
Dell offered to use Giganet’s switches as well as invested $5million in the company. Dell’s product backing opened up major doors for Giganet starting with a $6million investment from Merrill Lynch and ultimately resulting in an offer to purchase the company for $300 million by Emulex. A worthy product, highly developed technology, and Industry leaders knocking down the doors to invest in Giganet certainly characterizes the organization as a success. But without the experience, expertise, innovative business solutions, and product promoting of Neil Ferris Giganet could have just as easily met its demise. What did Ferris do that contributed to that success?
The Beijing factory severely lacks any resemblance of an information system and suffers from a hodgepodge of machines that complicates the production system. These problems are closely intertwined and causing growth and development to seem almost impossible. When addressing these problems, we took several factors into consideration. The first, and most important factor, is that Pacific Dunlop is anticipating a significant growth in both sales and volume in the coming year. This does not provide the Beijing
Packard Electrical had previously experienced excellent results in the United States based on their traditional operational processes but had failed to impress in the overseas market, serving a different type of customer. This is due to a number of systemic problems in the customer serving processes inherent in the Rio Bravo plant operations. These problems are highlighted in the report and are: • A lack of proper planning led to the mismatch of resources, which includes human talent, infrastructure; • • • • Careless planning and poor execution of processes; A lack of customer focus; Poor communication across the supply chain; Misalignment in philosophies and value systems between Packard Electrical and NUMMI; • • Lack of a change management system and A dearth of continuous improvement The primary causes of the above stated problems were a lack of lack of proper strategic planning on behalf of Packard Electric’s management team. There was also a lack of planning in the design and development of the plant taking into account the demanding customer requirements. There are also appeared to be a lack of understanding of the exact customer requirements and how to deliver the exepcted quality.