Marshall School of Business University of Southern California Leo’s Four-Plex Theater Teaching Note Purpose of Case This case is intended as an in-class‚ “warm-up” case. It is particularly useful on the first day of class where students cannot be made to prepare a longer case prior to class. The case motivates the students (1) to think about the meaning of good control; (2) to consider a number of different forms of controls; (3) to think about the design vs. the implementation of the various
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to apply for all four screen theatre. It creates difficulty to the ticket collector to count the customer entering and leaving the theater. This problem also may cause the ticket collector to make mistake by putting the ticket in the wrong stub box. Next‚ the ticket collector also not fully check the ticket before allow the customer enter to the theater. For the free theater passes‚ there is tendency for the customer to duplicate the ticket. Based on the problems that the theater faces‚ we conclude
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Strategy of company 1. Management level should do their job (Bill- managing‚ Leo – owner‚ authority passer) 2. Training should be provide for all employees (focus on conduct of business‚ ethics‚ and operation procedures like how to sell tickets‚ collect cash‚ sell foods and check tickets before customers entering the theater) 3. Segregation of duties 4. If company can reach to enough funding‚ it should consider using automatic system for tickets selling to control the theatre operation
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Leo’s Four-Plex Theater Case Characteristic of the business The characteristic of Leo’s Four-Plex Theater is entertainment services business‚ specifically movie theater business. Current situation of the business The Four-Plex Theater is a single located four-screen movie theater located in small town in west Texas‚ and reported as not profitable as expected by the owner with suspicion due to the control problem in the theater operation. That’s why the owner hires an accounting professor for
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0Case Study – Leo’s Four-Plex Theatre (Merchant & Van der Stede‚ 3rd ed) Leo’s Four-Plex Theatre was a single-location‚ four screen theatre located in a small town in west Texas. Leo Antonelli bought the theatre a year ago and hired Bill Reilly‚ his nephew‚ to manage it. Leo was concerned‚ however‚ because the theatre was not as profitable as he had thought it would be. He suspected the theatre had some control problems and asked Park Cockerill‚ an accounting professor at a college in the adjacent
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1. Summary 1. The theater was a single location in a small town in west Texas 2. The owner hired his nephew to manage the theater 3. Only two ticket booths (one in the front and one in the back) 4. General admission (no assigned seats) 5. Tickets were color coded‚ date and time stamped for specific movie 6. Tickets has cereal numbers to determine the number of tickets sold (in order) 7. Cash collected was compared to the amounts of tickets sold 8. Normally cash came up short 9. Most of
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Leo’s Four Plex Theater Problems: 1. Lack of motivation: * Discrepancies in the cash counts of the ticket booths – the cause behind this situation is the lack of motivation that leads to employee theft and neglecting of duties. * Failure of the cash collection from known customers – Employees are not motivated enough to perform their jobs sincerely and also do not know why they should collect cash‚ though there is no reason for personal limitation. * Unethical practice at ticket
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Theater is an event that requires actor/audience‚ relationship/agreement in a momentary suspension of disbelief of an imaginary circumstance. 3 E’s: Entertainment‚ education‚ enlightenment Expired theater tickets became worthless If something unforeseen should happen‚ and you couldn’t make it to the theater‚ they use to deny your entry Then producers devised a “past dated” (expired) …you can call on that day and say you have “past dated tickets”..Limit to weekday evening The Actor Fame comes
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Greed The short story of Anton Chekhov‚ Guy de Maupassant‚ and Leo Tolstoy’s all share a common theme. In Anton Chekhov’s “The Bet” a man out of his own greed spends fifteen years in a cell by himself‚ with no contact with the outside world. In Guy de Maupassant’s short story “The False Gems‚” a man learns of his wife’s infidelities‚ and becomes greedy with the money that he receives. Finally in “How Much Land Does a Man Need?” by Leo Tolstoy a man dies from his own greed. All of the following stories
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One may automatically assume if Leo consumed a very poor diet that is low in fruits and vegetables for almost all 27 years of his life and took a daily multivitamin‚ plus individual supplements of beta carotene‚ vitamin C and selenium he might not be very healthy and may be at risk for degenerative diseases such as cancer or cardiovascular disease. I do believe that Leo in fact cannot be as healthy as if he would be eating a healthy diet including the proper amounts of fruits and vegetables. According
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