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Management Case Studies

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Management Case Studies
1. Cases 2
1.1. Leo’s Four-Plex Theater, Wong’s Pharmacy & Private Fitness, Inc. 2
1.1.1. Subjects 2
1.1.2. Summary Leo’s Four-Plex Theater 10
1.1.3. Q&A Leo’s Four-Plex Theater 10
Problems 11
What are the control system lacking 11
Solution 11
Cashier problem 11
Giving away free tickets – the nephew 12
Cashiers don’t ring the sales in 12
Free let-ins 12
1.1.4. Summary Wong’s Pharmacy 12
1.1.5. Q&A Wong’s Pharmacy 12
Problem 12
Options 12
1.1.6. Summary Private Fitness, Inc. 13
1.1.7. Q&A Private Fitness, Inc. 13
1.2. Action, Personnel, and Cultural Controls 14
1.3. Bellagio Casino Resort (Chapter 4; Control system tightness) 18
1.2.1. Subjects 18
1.2.2. Summary Bellagio Casino Resort 20
1.2.3. Q&A Bellagio Casino Resort 20
1.4. Control system costs (Chapter 5) 20
1.5. Air Tex Aviation (Chapter 6) 22
1.6. Puente Hills Toyota (Chapter 6) 23
1.7. Financial Responsibility Centres (Chapter 7) 23
1.8. Planning and budgeting (Chapter 8) 30
1.9. Incentive Compensation Systems (Chapter 9) 37
1.10. Tsinghua Tongfang (Chapter 9) 42
1.11. Financial Performance Measures and Their Effects (Chapter 10) 42
1.12. Las Ferreterias de Mexico (Chapter 10) 49
1.13. Combinations of Measure and other Remedies to the Myopia Problem (Chapter 11) 49
1.14. Domestic Auto Parts (External, chapter 11, HBR2,3,4) 56
1.15. Using Financial Results Controls in the Presence of Uncontrollable Factors 56
1.16. Olympic Car Wash (Chapter 12) 60
1.17. Formosa Plastics Group (Chapter 12) 60
1.18. Corporate Governance and Board of Directors (Chapter 13) 60
1.19. Controllers and Auditors (Chapter 14) 66
1.20. Don Russel: Experience of a Controller/CFO (Chapter 14) 70
1.21. Management Control-Related Ethical Issues and Analyses (Chapter 15) 70

1. Cases
1.1. Leo’s Four-Plex Theater, Wong’s Pharmacy & Private Fitness, Inc.
1.1.1. Subjects
Section 1: The Control Function of Management
Chapter 1: Management and Control
- Management and control o The process by which
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