Threat of Substitute Products and Services-Low A new product in the market may satisfy the needs and wants of a common client in several ways (Porter‚ 2008). This threatens the profitability of the industry. For example‚ software storage applications may act as substitutes for hardware storage devices. If the substitute product presents a value proposal‚ which is distinctively dissimilar to‚ the current offers in the industry‚ the threat of the substitute is said to be high. It is however said to
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1. Describe the management style at Rondell Data Corporation. Rondell Data Corporation is a fairly small company‚ employing roughly about 800 employees. This has been a steady increase since the company began in 1939. The current management style does not seem to be able to manage the volume and span of activities throughout the company. The management style of the company seems to be a functional structure. There are five levels of hierarchy in the organization chart. There are many levels of
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1. (TCO A) Suppose you are hired to manage a small manufacturing facility that produces Widgets. (a.) You know from data collected on the Widget Market that market demand and market supply have both increased recently. As manager of the facility‚ what decisions should you make regarding production levels and pricing for your Widget facility? Because supply has increased along with demand it isn’t clear what decision should be made. The manager should gather information as far as how much
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CHAPTRE ONE: ACCOUNTING THEORY Need for accounting ( as an introduction) 1-1Book keeping and accounting. Meaning and definition of book keeping Definition of accounting Differences between book keeping and accounting 1-2 accounting concepts and conventions and basis Accounting concepts Accounting conventions Basis of accounting 1-3the role of accountant in society and its relation ship with other disciplines relationship of accounting with other disciplines role of accountant in society
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Question 1: Select 2-3 companies profiled in the case and discuss the formulation of their respective strategies for commercializing the TDP Technology The three companies we would further discuss are the Soligen‚ Specific Surface Corporation (SSC) and Z Corp. Sloigen: Soligen Technology Inc. was founded by Yehoramo Uziel‚ it was incorporated in Delaware in October 1991‚ and commenced operations in April 1992. Soligen is a metal casting industry which produces fully functional 3-Dimensional cast
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Chapter 1 – Nature and regulation of companies RQ 9. Outline the differences between shares and debentures. Ordinary shares attract no fixed rate of dividend‚ carry voting rights and may participate in surplus assets and profits of the company – they represent ownership of x% of the company. Ordinary shares are classified as equity. The company may issue shares either fully paid or partly paid (s. 254A). If partly paid shares are issued‚ the shareholder is liable to pay calls on the shares
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6-B3 Dropping a Product Line Hambley’s Toy Store is on Regent Street in London. It has a magic department near the main door. Suppose that management is considering dropping the magic department‚ which has consistently shown an operating loss. The predicted income statements‚ in thousands of pounds (£)‚ follow (for ease of analysis‚ only three product lines are shown): General Electronic Magic Total Merchandise Products Department Sales £6‚000 £5‚000 £400 £ 600 Variable expenses 4‚090 3‚500
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Chapter 3 – Ethics‚ Fraud‚ and Internal Control Fraud 1. Compare and contrast employee fraud vs. management fraud. a. Employee Fraud a. Nonmanagement employees convert cash or assets to direct employee benefit b. Management Fraud – Performance Fraud a. Does not involve direct theft of assets b. Fraud is perpetrated above which the internal control structure generally relate c. Use financial statements to create an illusion that an entity is healthier than it is d. Misappropriation of
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3. Investigating Hierarchy from Below During my dissertation fieldwork‚ staying in two villages of different ranks broadened my experience with hierarchy and knowledge. As Traube (1989) argued‚ the form of cosmogonic knowledge is encompassing‚ rooted‚ comprehensive at the “trunk‚” or the source of hierarchy‚ but remains fragmented‚ partial and shallow at the tips. In Yap‚ the sociology of knowledge takes a slightly different form. Indeed‚ those who grew up in higher-ranking tabinaw are savvier with
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Dominant (S-D) Logic Recently there has been a shift away from the traditional product-orientated marketing perspective to a more service-orientated one which focuses on “intangible resources‚ the co-creation of value and relationships” (Vargo and Lusch‚ 2004). Merz‚ He & Vargo (2009) commented that goods were a “vehicle for service”‚ and whilst the provision of goods was still an important part of a transaction‚ there will always be some element of intangible service attached to each product‚ which
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