MONROE CLOCK COMPANY * Issue: Jim Monroe‚ president of Monroe Clock Company‚ decided to sell a new household timing device. And this complete product would have to be sold through wholesalers and manufacturers’ representatives‚ which were new to Monroe Clock‚ so the price will be an important factor. Jim’s controller‚ Tom‚ had provided figures showing a full cost of $11.60 and factory price of $14.70‚ and Frank Tyler‚ his sales manager‚ had worked out a cost of $6.30 excluding fixed overhead
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Summary Monroe Clock Company ● Started by Jim Monroe in 1985 ● Manufactures decorative electric clocks until 1992 ● In 1998‚ Monroe has sold out to Piedmont Appliance Corporation ● Currently manufactures 3 basic models ● Sales grew around $50 million (50% from Piedmont Appliance and 50% other companies) Summary New Household Timing Device ● Monroe’s Timer - 2 options: 1. One 48-hour cycle (back-and-forth motion) 2. Two 24-hour cycles (single operation/timer) ● The complete product
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Water clocks‚ along with sundials‚ are likely to be the oldest time-measuring instruments‚ with the only exceptions being the vertical gnomon and the day-counting tally stick.[1] Where and when they were first invented is not known‚ and given their great antiquity it may never be. The bowl-shaped outflow is the simplest form of a water clock and is known to have existed in Babylon and in Egypt around the 16th century BC. Other regions of the world‚ including India and China‚ also have early evidence
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A ‘clock’ is an instrument used to specify‚ record‚ and manage time. The word ‘clock’ comes from the French word “cloche” meaning bell‚ came into use when timekeepers were kept in bell towers in the Middle Ages. Historians do not who or when mankind “invented” a time-keeping device or a “clock”. Probably thousands of years ago when someone stuck a stick in the ground and saw a shadow of the sun move across the ground‚ known as the sundial. (Cummings‚ 1997-2012). After the Samarian culture
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‚‚4(y STRATEGY CLOCK Whereas Michael Porter’s generic approach to competitive advantage gives substantial prominence to low cost‚ Cliff Bowman’s’ Strategy Clock’ looks at generic competitive advantage from a purely market-based perspective (MBV). He argues that competitive advantage is of no value unless it is of value to the customer and that a customer will always have a preference for such products or services over those of competitors. This may seem obvious but managers do sometimes fail to
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1.0 Introduction According to (Baillie et al.‚ p. 307; Palmer‚ p. 19) “A clock is an instrument used to indicate‚ keep‚ and co-ordinate time. The word clock is derived ultimately (via Dutch‚ Northern French‚ and Medieval Latin) from the Celtic words clagan and clocca meaning "bell". A silent instrument lacking such a mechanism has traditionally been known as a timepiece.” Design and accuracy of clocks have evolved along with progression of technology and industry and even though their main
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is my Grandfather Clock. It was passed down to me from my Grandmother. I use it and admire it every day. It is definitely a work of art to me. Think of all the work that was put into making a Grandfathers clock. The definition of a Grandfather Clock is a clock in a tall freestanding wooden case‚ driven by weights. Grandfather Clocks have been a part of family legacies including my own for generations. My Grandfather clock is a “Ridgeway”. The Manufacturer is Ridgeway Clocks. They are the oldest
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How does a catalyst in the form of a metal ion affect the rate of reaction in an iodide clock reaction with potassium peroxydisulphate ions? Background When peroxydisulfate ions (S2O82-) react with iodide ions (I-) in the presence of a starch indicator‚ they produce a dark blue solution. Reaction (1) S2O82- + 3I- I3- + 2 SO42- (peroxydisulfate ion) (iodide ion) (iodine ion) (sulfate ion) To determine the rate law for this reaction a series of changes
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Many advanced high school and college chemistry students perform an experiment known as the "iodine-clock" reaction‚ in which hydrogen peroxide reacts with iodide to form iodine‚ and the iodine subsequently reacts with thiosulfate ion until the thiosulfate has been consumed. At that point‚ the reaction solutions turn blue in the presence of starch. The experiment helps students understand the fundamentals of chemical kinetics --- the speeds at which reactions take place. 1. Activation Energy
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Analysis The 13 Clocks is a fairy tale told by a twentieth century author. Its themes are clearly statements about the moral concerns of the time and perhaps are intended more for adults than for children‚ even though James Thurber used the form of a child’s story. One of the story’s meanings is that a true life is in a way being like a child. Adults responded to Thurber’s message: The book sold well‚ going into nine printings. Thurber had earlier written fairy tales for children as well as
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