HARPER CHEMICAL COMPANY The Harper Chemical Company (HCC) was a medium sized producer of industrial chemicals‚ which sold its products primarily to customers in the paper industries and the paint industries. In 1980‚ HCC diversified into the production of a mineral called Dominite. By acquiring the Dominite activities‚ HCC hoped it would yield at least 15% return on investment after taxes. In early 1980‚ the HCC board of directors authorised the construction of a processing plant having a 40 000
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Dominite market by end-use applications of cermaic tile and paint by large and small-to medium comapnies 2) Sales Organization changes: Dominite is currently trying to sell to both large and small companies. It is economical in the long run to sell to large customers directly and to small companies through a agents or distributors. In the future to sell and to service large customers Dominite should setup a key account program. Dominite customer relations and sales for the long term can be
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Arun Chhikara PGDM-IB-208 BATCH 2011-13 BIMTECH Arun Chhikara PGDM-IB-208 BATCH 2011-13 BIMTECH Woodson Chemical Company Woodson Chemical Company Executive Summary Excellent customer service is a way to set the organization apart from its competitors. Differentiation can be achieved through fast and correct execution of product ordering. To improve on the order process it is important to have the correct information provided in a timely fashion to all divisions. For integration to be
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Introduction: Ovania Chemical Corporation is a specialty chemicals producer. Its core product is polyethylene terephthalate (PET) thermoplastic resins‚ which are used mainly to make containers and packages for bottled water‚ soft drinks‚ foods‚ and pharmaceuticals. Their main plant is located in Steubenville‚ Ohio. Though smaller than other chemical producers that produces globally‚ it has competed successfully in its niche of the US specialty chemical business. Recently advances in technology have
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The Grayson Chemical Company I. Problems A. Macro 1. Grayson has become stagnant‚ failed to change‚ and is no longer competitive. 2. The current people at Grayson are not acceptable to change. 3. There is a culture of doing things by the book. B. Micro 1. Incompetent managers promoted. 2. Board does not have a consensus of opinion. II. Causes 1. Grayson has not been proactive with its environment. 2. Corporate culture is very resistant to change. 3. Board does not speak with one
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Whirland Chemical Company There are a number of factors with Whirland Chemical Company that raise concern and increase the audit risk of this company. We will go over the major concerns one by one‚ and then determine the level of audit risk we are willing to accept on this engagement. * a) b) * First of all‚ we are auditing Whirland for the first time. Because this is the first time we are auditing Whirland‚ a lot of research has to be done on the operations of the company. We need
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WGP CHEMICAL COMPANY CASE STUDY 1. What is the total distribution cost for W-G-P Chemical Company? What is the cost per pound‚ cubic foot‚ case‚ line‚ and order? How can these measures contribute to the distribution review process? In order to calculate the total distribution cost‚ carrying cost must be calculated. Inventory carrying cost rate was given as 18%. The formula is Annual carrying cost=average inventory level * carrying cost rate Average inventory was given in table 4 as $90 million
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THE EXLEY CHEMICAL COMPNAY CASE ANALYSIS FORM Name: Tonya Malone I. Problems A. Macro: focuses on aggregate economics (countries‚ industries‚ etc.) 1. A competitor is about to patent a new process for the product of polymers. 2. Each division head works on the project that makes the most for them‚ but it doesn’t necessarily help bring new products to the market. 3. There is a lack of coordination within the company’s operations. 4. The company is experiencing a decrease in
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Dow Chemical Accounting Homework Dow Chemical Company is a manufacturer and supplier of products used primarily as raw materials in the manufacture of customer products and services. Its product lines include chemicals‚ advanced materials‚ agro-sciences and plastics businesses. Attached are the excerpts from Dow Chemical’s Annual report for 2012. Based on the information in the financial statements and footnotes‚ please‚ answer the questions below. Assume a tax rate of 35%. 1. Which cost flow assumptions
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Harper Library‚ situated at the center of the main quadrangle at the University of Chicago‚ resembles a converted abbey‚ with its vaulted ceilings and arched windows. The library was completed in 1912‚ before Enrico Fermi built the world’s first nuclear reactor‚ before Milton Friedman devised the permanent income hypothesis‚ and well before Barack Obama taught Constitutional Law. Generations of scholars have pored over Adam Smith and Karl Marx in the main reading room‚ penned world-class treatises
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