The deciding factor is the Clear View Laser Hardware and embedded software working together to provide the essential function. To label these items in any other form, than a software and non-software deliverables of a tangible product would require a stretch and leave the company vulnerable for further audit and investigation. So it is our conclusion that the maintenance and PCS would have to be packaged and sold together as one item and would not be able to be sold as separate
A culture with strong ethical standards and code of conduct stemming from top management is key to preventing fraud; it is also cost-efficient to implement as a control. d. Audit Committee While not as cost-efficient as the other controls listed, there should be an audit committee appointed by the Board. It would be in charge of all financial oversight within the organization. For smaller organizations, they can attempt to recruit professional accountants to volunteer their time for the organization; in exchange, these accountants would be increasing their own reputation as well. Larger organizations might consider appointing an audit firm to audit their statements.
However, franchise will be a good way to reduce those cultural risks, because franchisors are always local people. Therefore, the system quality will be increased and communication will be easy. Franchising also could be a risk for Mad Science Group, such as franchisor failure and franchisee failure. When franchisor does not honesty and does not provide good services to
A large number of people understand the need to understand and adopt new innovations when they are beneficial but not many understand what happens when such innovations do not succeed. Researchers know that such letdown is important knowledge because it can either add to the next great success or give key potholes to avoid when developing their own products or services. In either case success and failure equally have a beneficial impact on the development of the economic market. Even when innovations do not succeed organizations they would do well to attempt to gather this information in an attempt to incorporate such findings within their own innovative processes. At times such failures can direct to higher levels of development and better understanding at less cost to the researching organizations.
They also decided that steak places were a relatively untapped market in the U.S., and they saw it as a gold mine. The company continued to grow and today is known all across America. They built their company off of the basis that people always come first, and that the best ingredients make for the best product. Outback prides themselves on quality of their food and the service that they provide to the customers. At this point Outback Steakhouse is looking to globalize their product and they are trying to open another restaurant with the same types of principles as Outback called, Carrabbas Italian Restaurant.
Environmental Analysis External and Internal Environmental Analysis Hope Key University of Phoenix STR/581 January 30, 2012 Rod Wells Kudler Fine Foods Kudler Fine Foods (KFF) was found by Kathy Kudler in 1998. Kathy had a desire for gourmet foods but in the area she lived in it did not have a variety of products to choose from to prepare gourmet meals. Kathy decided to open a grocery store that offers organic produce, cheese, meats, and wine. KFF is known for its gourmet cooking and providing fresh organic produce high in quality. KFF is appreciated for quality customer service and fairness to employees.
The company at hat served the public best would be favored in a competitive situation C. My opinion is that there should be a balance between competition and government involvement. A competitive situation would keep utility employees striving to satisfy the needs of their customer. Without competition some employees could become indifferent to customer satisfaction as the customer can not go anywhere else. Government involvement would be important by setting standards that must be adhered to by competing companies as far as level of service and also ensure that the competing companies can not fix pricing to consumers and artificially control what the consumer will
In the restaurant business, the fast casual segment is definitely on the rise. People do not have a lot of money right now, but they still want to eat out and get good food and service. At the fore of this growth in fast casual dining, are two American restaurants that are doing extremely well, even in the current recession. These restaurants are Applebee’s and Chili’s. Based in the southern United States, both of these restaurants are extremely well known, and the similarities they have are part of the reason.
Assignment 1: Take –Home case analysis Rueben Owens Professor: Dr. Ephraim Okoro Course Title: Eng 115-English Composition Tuesday, 5:45-9:30 p.m. Quarter; summer 2013 July 16, 2013 Sysco, one of the largest food suppliers here in Northern America, serving many institutions such as, restaurants, healthcare and educational facilities, lodging establishments and many other small businesses. Sysco is the global leader in selling, marketing and distributing food; its family of products also include equipment and supplies for the food service and hospitality industries. The company is headquartered in the Energy Corridor district of Houston, Texas. Sysco was founded in 1964 by Mr. Stanley E. Lankford, Jr, who began by selling potatoes
Consumers are demanding chemical free homegrown products. It is easy for consumers to find other companies who can provide comparable services. However, new technology is only a fraction of what makes Gene One stand out over their competitors. Consumer loyalty and strong leadership will give them a major advantage. The challenge for Gene One will be to maintain their cohesiveness as a management team and maintaining a high level of social responsibility while expanding the company to a publicly traded organization.