Mara University of Technology Faculty of Business Management Bachelor in Business Administration (BBA) in Marketing. Individual Assignment : Frederick W. Smith‚ Founder of FedEx. Prepared by : Wan Azmir Bin Wan Hashim Student I/D : 2010920541 Group : EBMMB4B Course : ENT530 (Principles of Entrepreneurship) Prepared for : Puan Noor Faizah Binti Mohd Lajin Facilitator for : ENT530 (Principles of Entrepreneurship) Submitted on : 13th of
Premium Frederick W. Smith
Happiness Express Inc. Strengths: This case right off the bat seemed quite interesting since I never really think about the toy manufacturing industry much. The article really proves the point that in order for a toy manufacturing company to be successful they must be ahead of the game or anticipate what children will like as toys. It’s also important for companies to get merchandise-licensing rights for popular figures‚ such as Mighty Morphin Power Rangers in this case. However‚ the point
Premium Audit Purchase order Financial audit
Se ingresa el resultado de la pregunta 1. El cual se resuelve con el siguiente enunciado. a. Sheen should stock the optimal stocking quantity in this situation‚ which is 584 newspapers. The expected profit at this stocking quantity is $331.44. b. Q= µ+Φ-1(Cu/(Cu+C0))δ Q=500+ Φ-1(.8/(.2+.8))100 Q=500+(..7881)(100) Q=579 This is off by 5 newspapers from the model given in the spreadsheet‚ which results in a $.03 difference in profits Se ingresa el resultado de la pregunta 1. El cual se resuelve
Premium Profit Das Model Expected value
Happiness Express Inc. 1. a) The primary audit objectives of confirming a client’s year-end accounts receivable include occurrence and accuracy of realizable value. Auditors would like to make sure that the transaction generating the accounts receivable actually occurs‚ and that the receivables are recorded at accurate value for the current reporting period. Usually they will send accounts receivable confirmations to client’s customers directly. b) The primary audit objectives of performing
Premium Audit Auditing Generally Accepted Accounting Principles
Q1. If the News-Express had dropped its To Let 3 as of January‚ what effect would that action have had on the profit? Total Sales (including To Let 3) £11134 Total Cost (including To Let 3) £10974 Profit (including To Let 3) £160 V.C. of To Let 3 £1790 New Cost without To Let 3 £9184 Sales without To Let 3 £8424 Profit/Loss without To Let 3 £-760 If To Let 3 is dropped‚ the revenue and variable cost of To Let 3 is reduced but the fixed cost still remains. Hence after calculation
Premium Variable cost Costs
curry 150 gms Pickle sachet 15 gms Rates Rs. 3.00 Rs. 4.00 Rs. 5.00 Rs. 5.00 Rs. 7.00 Janta Meal (in quality disposable card board boxes) Rs. 10.00 Service tax@6.12% will be charged extra on the above rate MENU FOR RAJDHANI/SHATABDI EXPRESS TRAINS MENU FOR MORNING TEA/COFFEE 3AC/2AC/CC EC/AC-I 1. 2. 3. Éclairs Biscuits Tea/Coffee Sugar 2 nos. 2 nos. 2 nos. 1 nos. 2 nos. 2 nos. 1 no. (7.00gm#) (1.50gm) (2.00gm#) 2 nos. 1 nos. 2 nos. 2 nos. tissue / wet towel 2 nos. 2 nos
Premium Fruit Tea Tomato
LAW204 - CONTRACTS Week 5 – Express Terms ___________ ** N.B. The main cases covered in lectures‚ containing MAIN RULES are highlighted in YELLOW! READINGS/LECTURE CHAPTER 10 – EXPRESS TERMS Introduction – Contents of a Contract? Express Terms: contain contractual promise and terms that are capable of being Incorporation by pre-contractual statement: Courts look at what the parties said Have these statements become express terms? Statements the court acknowledges: Irrelevant
Premium Contract Contract law
The Scales of Justice and Society in Murder on the Orient Express Murder on the Orient Express is more than just a murder mystery. It is a novel that utilizes a great deal of existing social issues of the era in which it was written and formed a commentary on those issues while giving the reader an intriguing yet approachable narrative. Through this approach‚ Agatha Christie has given the reader an opportunity to see the world through the eyes of the seasoned private investigator Hercule
Premium Agatha Christie
1. a. The simulation indicates that 584 is the optimum stocking quantity. Daily profit at this stocking quantity is $331.4346. b. Using the newsvendor model‚ Cu = 1 - 0.2 = 0.8 and Co = .2. Cu /(Cu + Co) = .8. Using the spreadsheet‚ we found Q* = NORM.INV(.8‚500‚100) = 584.16. The simulation and newsvendor model give the same optimal stocking quantity. 2. a. According to the simulation spreadsheet‚ 4 hours of investment in creation maximizes daily profit at $371.33. b. Sheen would choose an
Premium Economics Operations research Cost
to help Airborne Express with its strategy formulation and implementation. Statement of the Problem and Objective Problem: Decline in the market share of Airborne Express in the volume of overnight deliveries. Objective: To become one of the top three companies in the express carriers industry. Alternative Courses of Action ● Not compete with established competitors like FedEx and UPS‚ and stress the reliability of its delivery schedules. ● Expand Airborne Express ’ business globally
Premium Revenue Generally Accepted Accounting Principles Net income