commissioner to give the final OK on insurers’ rates in the state—lives to see another day. Although its days may be numbered‚ said the current insurance commissioner. The Third Appellate District Court affirmed a lower’s court ruling that Mercury Casualty Co.’s advertising expenses can be excluded from the commissioner’s calculation of Mercury’s California premiums and that the lower rate doesn’t create a “deep financial hardship.” The California Supreme Court declined to hear Mercury’s appeal of the appellate
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HKUST MBA Microeconomics Case 1: Medicines Company Case Question 1. For drug administrators‚ their incentive for using the drug is that the drug’s got to make economic sense. Data showed that for more than 4‚300 patients‚ Angiomax was a more superior alternative to Heparin. Also shown in tables b and c that it effectively reduced the incidences of death by 30% ‚ heart attack by 26%‚ need for a repeat angioplasty by 14% and major bleeding by 65% (sum of weighted average between high risk and
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Brown v. Southall Realty Co.‚ District of Columbia Court of Appeals‚ 1968‚ 237 A.2d. Parties: Lillie Brown‚ Defendant‚ Appellant Southall Realty‚ Plaintiff‚ Appellee Mr. Penn‚ Owner Judicial History: The Plaintiff‚ Southall Realty‚ filed suit to evict the defendant‚ Lillie Brown‚ for unpaid rent. The defendant contested that the rent was unpaid due to an illegal contract that was in violation of sections 2304 and 2501 of the D.C. Housing Regulations. The trial court of the District of
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Jessica Garrett Case Study 1 1) What is your vote? * As President of Dalton Co.‚ I would hire Joyce McGregor for the position of administrative manager. 2) How would you justify your position to each of the three vice presidents if you were asked to do so? * If I were asked to justify my position to each of the three vice presidents‚ it would be as follows: First‚ Mr. McGregor; I agree with Mr. McGregor about his daughter being well-qualified for the position. However
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Tiffany Case Study Introduction Tiffany was founded in September 18‚ 1837 and for about 170 years‚ the brand has been successfully opening several stores and establishing the brand as the top place to buy fine jewelry of high quality. The brand has been dedicated to provide their customers with original designs as well as the ultimate in-store experience. They know that their customers expect nothing less than top quality in jewelry and services and Tiffany’s has done just that for
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1.0 Introduction Merck & co also know as Merck Sharp & Dohme‚ MSD outside the United States and Canada. Merck is known internationally as an American pharmceutical giant. In 1668‚ in Germany‚ a drug store had been purchased by Jacob Friedrich Merck fom whom it originates and later on Emanuel Merck had taken over the store in 1816. Merck is not only one of the largest pharmaceutical companies but also has published many series of medical reference books. Merck had always been admired worldwide for
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Case Study Analysis Discussion Questions 1. E+Co chose to target and nurture local entrepreneurs for their expertise in the local needs. The locals are in the best position to find the most desirable combination of need and the most appropriate clean energy solutions. So by providing investment capital and business development solutions to local entrepreneurs and businesses rather than starting and managing the businesses themselves‚ E+Co is demonstrating that while they have some of the answers
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Science Technology Company (STC) Case Bill Watson as President of Science Technology Company (STC) should ask the Chief Financial Officer‚ Harry Finson‚ to fine tune and rehash the 5 year financing plan Harry prepared. This is to address the following issues and concerns: A. Projected thirty percent (30%) increase in annual sales Historically in a strong ATE market‚ STC was able to increase its sales on a compound annual growth rate of 12% only. In 1983‚ the company posted its highest
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Classic Pen Co. Case In the past Classic Pen Company had been the low-cost producer of black and blue pens and had profit margins over 20% of sales. Over the last five years Pen Co. decided to start producing red and purple pens. They require the same basic production technology but can be sold at 3% and 10% premium selling prices. Sales Manager Dennis Selmor is just seeing the financial results and is not happy with the numbers. The first issue that Pen Co. is facing is their decline in
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Abercrombie & Fitch Co. in November 2013 In November 2013‚ Abercrombie & Fitch Co. had just entered into the fourth quarter of the fiscal year. Historically‚ the company has relied heavily on fourth quarter sales to boost year-end gross profit. But after the holidays‚ the company could potentially see significant changes. Declining popularity in the US has lead A&F to close over 180 US stores in 2012. 2 While the company continues to grow internationally‚ decisions need to be made regarding an
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