AVAILABLE CASE TOOLS I. SYSTEM FLOWCHART AND ER-DIAGRAM GENERATION TOOL Name of the tool: SMARTDRAW URL: This Software can be downloaded from: http://www.smartdraw.com. This is a paid software‚ but a 30-day free trial for learning can be downloaded. Requirements to use the tool: PC running Windows 95‚ 98 or NT. The latest versions of Internet Explorer or Netscape Navigator‚ and about 20MB of free space. What the tool does: Smartdraw is a perfect suite for drawing all kinds of diagrams and
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Precision Worldwide‚ Inc. Case Study Case Study Background: Precision Worldwide‚ Inc. (PWI) manufactures industrial machines and equipment for sale in numerous countries. Repair and replacement parts account for a substantial part of the company’s business. The replacement part in question‚ steel rings‚ occur in the machines manufactured only in PWI’s Frankfurt Germany plant‚ but can also be used on some competitor’s machines. The steel ring manufactured by PWI has an average normal life of about
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Case Study Three: Thanks for 24 Years of Service. Now Here’s the Door! Russ McDonald graduated from the university of Michigan with his MBA in 1969. He had numerous job offers but chose General Motors for several reasons. The automobile industry offered terrific career opportunities‚ and GM was the world’s number one car manufacturer. Salaries at GM were among the highest in corporate America‚ and a job at GM provided unparalleled security. A white-collar job with GM was the closest anybody
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FACTORSBranding: Should the name of the product on the package and in advertising be "Colgate Precision" or as "Precision by Colgate"Communication and promotion: This is an effective way to pull a market share because it is hard to increase primary demand unless stealing sales from existing productsMajor competitors in the super-premium segment: Oral-B‚ Reach Advance Design‚ Crest Complete‚ and Aquafresh FlexDifferential pricing structure: Niche market vs. Mainstream marketDifferent advantages/ disadvantages:
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Group 11: Nguyen Thi Thu Huyen Nguyen Thi Dieu Linh Mai Ngoc Tam Nguyen Lan Anh Case 8-22: Evaluating a company’s budget procedures 1. Identify the problems that appear to exist in Ferguson & Son Manufacturing Company’s budgetary control system and explain how the problems are likely to reduce the effectiveness of the system. Ferguson & Son Manufacturing Company has appointed Robert Ferguson‚ Jr.‚ the son of the president as the plant manager. He directed the company’s focus on budgetary control
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Precision Worldwide‚ Inc. RECOMMENDATION: Sell the steel rings to the current customers in the French market and inform them that the company has discovered another innovative technique that will decrease their cost and increase the wear time on the rings. Also explain that you are testing the product in other markets to determine if it is a superior product worth their time. Once the steel rings have been exhausted introduce the plastic rings. Utilize the excess labor to produce the steels rings
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CASE – 1: Where Do We Go from Here? As one of the many seminars held to discuss the corporate response of family-owned business to liberalisation and globalisation‚ the keynote Mr Gurcharan Das concluded his speech by saying‚ “In the end‚ I would say that the success of Indian economy would depend on how the Indian industry and business respond to the reform process.” As the proceedings of the seminar progressed it became clear that there was a difference of opinion in the perception of participants
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ACG 6425 Case 22-4 Abstract Enager Industries‚ Inc. 1. McNeil’s new product proposal was rejected because the project was projected to make a return (using ROA - $130‚000 EBIT sales and total projected asset investment of $1‚000‚000) of 13%. While this exceeds Hubbard’s original goal for each division of earning a 12% return on assets‚ it does not meet the 15% goal set by Hubbard for all new investments. According to CNN Money‚ the industry average ROA for Household and Personal Products
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Chemistry and Society Paper In everyday life‚ accuracy and precision are important. These two terms are often interchanged freely‚ but these terms have key differences. Many businesses require both accurate and precise measurements to stay in business. Accuracy and Precision Accuracy refers to something that is consistent with a known value (Maze-Emery‚ 2009). Precision is the amount of detail something provides (“accuracy/precision‚” 2005). A simple analogy is someone throwing darts at a dartboard
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1. CP company should launch Precision as a niche product for the below 2 reasons. 1) Not all of the customers are willing to pay high price for the best toothbrush for their oral hygiene‚ which is the main objective of the Precision (refer to Exhibit 1). 2) CP is already no.1 volume in the tooth brush market so the Precision should avoid the cannibalization for their existing main-stream products in both the value segment and the professional segment and should compete with Oral-B for their
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