History of Cookies By: Chelsey Foreman The first cookies were created by accident. Cooks used a small amount of cake batter to test their oven temperature before baking a large cake. The earliest cookie-style cakes are thought to date back to seventh-century Persia. Persia was one of the first countries to cultivate sugar. The word cookie originally came from the Dutch keokje‚ meaning “little cake”. Dutch first popularized cookies in the United States. The British incorporated them in the 19th
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Cast Brian Smith – CIO John Johnson – CEO Stan Abrams – CFO Fred Tompkins – Head of Manufacturing (Most powerful executive lel) Harriet Simpson – VP of HR Brenda Barnes – VP of Marketing Ted Kwok – VP or R&D 1. What are the issues with current IT planning process? Budget given is equal to 2% of revenue Budget might fluctuate depending on actual revenue Budget for new infrastructure and initiatives/strategies are basically leftovers after the maintenance cost/keeping the lights on. As
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Organization Structure and Design at Insomnia Cookies What do you think the current organization chart at Insomnia Cookies looks like? Is this structure appropriate for its needs? Explain. What forces have most influenced the structure of Insomnia Cookies? Describe CEO and founder Seth Berkowitz’s span of management. The organization chart is quite confusing because employees of Insomnia Cookies perform beyond their role of duty that they are supposed to. An organization structure should
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Mini Cases: Cost of Capital Part A: Cost of Debt Mini Case 1: Cost of perpetual/Irredeemable debt Ashok Leyland issued Rs 100 Lakhs 12% debentures of Rs. 100 each. Calculate the cost of debt in each of the following cases. (Assume corporate tax rate being 40%). Case (a) If debentures are issued at par with no floatation cost. Case (b) If debentures are issued at par with 5% floatation cost. Case (c) If debentures are issued at 10% premium with 5% floatation cost. Case (d) If debentures are issued
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1 Kristen’s Cookie Case (Due at the beginning of 2nd session) Read the case and answer the questions below. Each group should turn in a precise write-up answering the following questions. For each of these questions below (except question 5)‚ provide a detailed analysis that considers different possible order sizes of 1 doz‚ 2 doz and 3 doz. 1. How long will it take you to fill a rush order? a. 1doz- 6+2+1+9+5+2+1= (16+10x) x=1 or 26 minutes b. 2doz- … = (16+10x) x=2 or 36
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Why has Wal-Mart viewed international expansion as a critical part of its strategy? Wal-Mart has viewed international expansion as a critical part of its strategy because of a number of reasons. First‚ Wal-Mart saw the potential for increased profits and sales in new markets.“After rapid expansion during the 1980s and 1990s‚ Wal-Mart faces limits to growth in its home market and has been forced to look internationally for opportunities”(Ball‚ 2007). Second‚ Wal-Mart saw the need “to protect their
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The keys to the company’s future value and growth are profitability (ROE) and the reinvestment of retained earnings. Retained earnings are determined by dividend payout. The spreadsheet sets ROE at 15% for the five years from 2006 to 2010. If Reeby Sports will lose its competitive edge by 2011‚ then it cannot continue earning more than its 10% cost of capital. Therefore ROE is reduced to 10% starting in 2011. The payout ratio is set at .30 from 2006 onwards. Notice that the long-term growth rate
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Mini-Case Study: McDonald’s Corporation: Firing on all cylinders while preparing for the future McDonald’s Corporation is the largest fast food restaurant chain in the world‚ operating more than 32‚000 restaurants in 118 countries. In 2008‚ McDonalds and Wal-Mart were the only stocks in the Dow Jones to end the year with a gain. From 2007 to 2008 they raised revenues in billion dollars earning above average returns. Its ability to create value for its stakeholders is impressive‚ but this trend
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expand to other fat free products like OREO piecrust‚ OREO ice cream cones‚ and snack size packages of Fat Free OREO for vending machines or individual purchases in 2009. Situation Analysis In 1898‚ The National Biscuit Company was formed in the US through the merger of several regional baking companies. In 1952‚ the now familiar red Nabisco triangle first appeared on the upper left corner of National Biscuit Company products. National Biscuit Company changed its name to Nabisco in 1971. In
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Question#1 Describe a typical day at work at Mrs. Fields’ Cookies for Store manager‚ District manager‚ Regional director of operations‚ Store controller and for Debbi and Randy Fields. Answer to question#1 Store manager performs the following tasks at work: ➢ Enters workday characteristics for the system to structure overall tasks. ➢ Schedules production‚ including inventory management. ➢ Hires new employees. District manager performs the following tasks at work: ➢ Manages 6 stores (6
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