financial manager of Ski Equipment Inc. (SKI) is anxious that the Company’s founder recently sold his 51% controlling block of stock to Kent Koren‚ who is a big fan of EVA (Economic Value Added). Koren rewards managers handsomely if they create value‚ but those whose operations produce negative EVAs are soon looking for work. Koren frequently points out that if a company can generate its current level of sales with fewer assets‚ it would need less capital. Shortly after he took control of SKI‚ Koren met with
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Results If ski wax can be applied by rubbing‚ pasting‚ spraying‚ or melting then the melt on wax should reduce friction the best because it coats the skis more evenly and creates a thicker protective barrier to the bases of the skis. Consequently‚ this hypothesis was correct because the data captured displayed that the hot wax reduces friction the best‚ see appendix seven‚ eight‚ and nine. Hot melt on wax had the fastest time when the ice disc was slid down the ski and had the highest velocity. It
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Artur Yepifanov T00523523 English 1100.13 2014-01-30 Sun Peaks Resort We all are humans and sometimes we get tired from the weekdays’ routine. There are many ways to “hang out”. Some people prefer pubs or clubs‚ others just lay on the sofa watching TV. But there are so many places in the world worth visiting. Sun Peaks is a well-known resort which is open 365 days a year. Guests enjoy award-winning downhill skiing‚ snowboarding and cross country skiing in the winter. Summer activities include
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I. Background of the Case The case begins with Bob Guthrie‚ a retired physician and an avid skier‚ who realized that there was a need for a special ski helmet following the recent incidents that lead to serious head injuries for skiers. There were existing ski helmets in the market‚ but Bob believed that he had a chance to make helmets more appealing to the people‚ by adding new features. Bob took this idea as something that could not only be an outlet for his creativity‚ but as a way for him to
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Ski jumping as an Olympic sport deserves more recognition. Ski jumping was created and thought of in Norway‚ the first ski jumper being ole rye‚ a Norwegian army lieutenant. He decided to try something out‚ so he set up a jump with the assistance of his peers (who were also in the army) and his first jump was 9.5 meters‚ leading to the birth of the sport in 1809. Ski jumping first caught my eye while visiting my friend in Switzerland. He was quite an avid Ski jumper and even competed in several national
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inches were left on the ski mountain waiting for my friends and I. As the doors of the gondola close‚ an abundance of fog disrupted our vision. The doors opened once again after what felt like a lifetime. There we stood‚ looking down to the end of the run as we began to slowly make our way through the remarkably light powder. The snow was heavily up until a single patch of ice that was untouched from snow. We carefully skied through the ice until we spotted a single ski sticking out of the snow
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INTERNATIONAL HOSPITALITY & TOURISM MANAGEMENT INTEGRATED RESORT MANAGEMENT Lecturer: Mr. REINALDO WONG 1103008137 BAHT 1 Integrated Resort Resort is basically a place where people use for vacation‚ relaxation‚ or recreation. Since its purpose is to make people enjoying their time so most of the resort is built near scenery area‚ seaside‚ mountain‚ ski‚ or natural resources that has beautiful setting. Back in the days resorts used to only for people to get away from their hectic day
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Resort management analysis: seniors market Accepting the proposition that demography represents our destiny to a large degree‚ the example in Table 1.1 focuses on one factor that is expected to influence resort futures and is susceptible to management influence‚ namely the growing significance of our seniors market. The electronic newsletter Travel Impact Newswire reports on ‘The Impact of Demographic Change’ in one of its issues. One story relates to a Mastercard Insights Report on Japan’s
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Someone screams. Jay turns‚ following his wife’s eyes behind him to the front door across the diner. Three men in wet ski masks and camo hunting gear stand holding guns‚ their barrels dripping rain. “Phones‚ wallets‚ whatever‚” the man in the orange mask says. “Put all that shit on the table.” Turning back to his wife‚ Jay raises his hands‚ fingers spread just above the table‚ and looks in his wife’s eyes. “Syl‚” he says‚ his voice a pointed whisper. “Syl.” Her eyes float slowly from the gunmen
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Title: Wynn Resort 1.) Purpose To know if what is the overall strategy of Steve Wynn to make Wynn Resorts‚ Ltd. on the right track and quite a remarkable company. 2.) Statement of the Problem There are three problems which I found out in the case‚ and these are the three challenges that Wynn will have to face‚ and the future may throw some curveballs along the way. First is need to secure a way to maintain the competitive advantage as increased competition is introduce both domestically
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