MKG 62200 - Bear Creek Golf Range Executive Summary - Qiuyi Wei Company Bear Creek is founded by Dan Shay and George Patton in 1993‚ who is retired as a respectable professional player and earned recognition as one of the most knowledgeable PGA Class A professionals in America. The goal of Bear Creek Golf Range is to provide a premier golf experience for serious golf skills through practice and with the guidance of expert instruction. The range cater to these serious golfers by providing first-class
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Melecio D. Magallon Marketing Strategy October 12‚ 2014 BEAR CREEK GOLF RANGE CURRENT SITUATION: Established by Dan Shay and George Patton on May 1‚ 1993‚ Bear Creek Golf Range was to be a professional golf range whose goal was to “establish an image as the ‘professional golfing center’‚ run by professionals.” The company emphasis was on its ability to provide top quality training and service to experienced serious golfers. It also hoped to provide its golfers with first-class amenities that
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Case Study 1: Bear Creek Dan Shay and George Patton formed a partnership and began developing their dream golf range. Their dream range and financial expectations fell short after the initial construction and first year of business. Martha Rawles presented Dan and George with a marketing plan that exposed the weaknesses of their golf operation. The marketing plan revealed a strong need for an advertising plan and expansion to cater to a greater segment of the golf market. Situation Analysis:
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Gold Bear Golf‚ INC. 1. The professional auditing standards have a set of five management assertions. Of the five assertions‚ three are very important in regards to the Paragon audit. The descriptions below‚ audit procedure is explained that would have ensured the audit was completed accurately. a. Occurrence- The management assertion that ensures a particular transaction actually happened. In the case of a construction company such as Paragon‚ this could be verified by going to a job site and
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REVIEW OF FACTS Rock Creek Golf Club is a public golf course owned by a private company and managed by Lee Jeffries. The case entails a debate about the golf carts used to take players around the course instead of walking around. The carts they already owned were old and there was a need for new golf carts. Approached by two salesman‚ Lee Jeffries was forced to chose to make a deal with one of them. Salesman A offered carts at $2‚240 each and at the end of five years the expected salvage value
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Tables 1 and 3 shows the measurements of the 10-meter stretch of Bear Creek that includes a pool and a riffle. The first table also shows the recorded time and weather in which our class collected the data during that particular day. The upper‚ middle‚ and lower transects are measured using meters. Each of the transects are first measured by width and then by depth on the: Left edge‚ mid-stream‚ and right edge. Then there is description on the substate and the site on both the upper and middle
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Case 27-2: Rock Creek Golf Club Submitted by: Adam Kessler Submitted to: Dr. Alan Czyzewski Submitted for: MBA 613 Submitted on: Wednesday‚ 4/11/12 Question 1 An amortization table has been completed regarding the potential loan that RCGC would need to obtain in order to fund the purchase of 40 gasoline-powered golf carts. RCGC would need to obtain a loan for $89‚600 at an eight percent interest rate for five years with a payment due at the end of each year in order to fund the purchase
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Case VI: Rock Creek Golf Club 1. Amortization schedule for the loan of $89‚600 at a rate of 8% for a term of 5 years‚ present value factor 3.993‚ and an annual installment of $22‚440: Year Balance of Principal (Jan. 1) Equal Annual Payment Payment of Interest Reduction of Principal Ending Balance of Principal 0 $89‚600 1 $89‚600 $22‚440 $7‚168 $15‚272 $74‚328 2 $74‚328 $22‚440 $5‚946 $16‚494 $57‚834 3 $57‚834 $22‚440 $4‚626 $17‚814 $40‚020 4 $40‚020 $22‚440 $3‚201 $19‚239 $20‚781 5 $20‚781 $22
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Group 3 THE GAME OF GOLF • • • Invented in Scotland in 15 th Century Brought to the United States in late 19 th Century Clubs used to hit small hard balls into a cup on each of the 18 different holes on the golf course The players use a club to drive the ball onto the fairway. Starting point on each hole is from tee box Players drive the ball with the use of a club onto the fairway‚ hit an approach shot onto the green‚ and putt the ball into the cup Holes: range in length from over 100
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Overview The new business venture we selected is a golf course. In recent years traditional golf courses has been known to have difficulty. The main issues contributing to these difficulties based on studies of the business is that most golf courses do not actively invest in developing casual players into avid players‚ they do not invest in the service needed to make the experience less intimidating‚ most courses exist in "overbuilt" areas where the golf hole to population ration is undesirable or the
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