commission and management fee. B is higher than A and C. This is because B requires paying load or commission at 5% to purchase. Besides‚ B has a high percentage management fee. 2. Which alternative should the top management of Stuart & Co. want Philip to recommend to his client? Is the company’s control system designed to ensure that choice? (The case mentions several measures used to reward the branch managers). I think alternative B is what the top management wants because it will bring the
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Joseph Taj Ahn Nyguyen J Yu Fin 423 Haddad Nov 18‚ 2014 Philip Morris Inc.: Seven Up Acquisition (A) This case discusses Philip Morris Inc. intentions to acquire the Seven-up Company in an effort to diversify their consumer goods. The decision has already been made‚ however they must decide on an offer price to buy out the company. This report will discuss PM’s acquisition strategy and its appropriateness‚ along with whether or not 7up fits the criteria of PM’s strategy. The report will further
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and the women’s suffrage movement in North America. This issue has gained much attention in the world of social sciences‚ and scientists from all branches (of social science) have conducted numerous studies to deepen their understanding of it. Philip Zimbardo is a world-renown social psychologist who has made many significant contributions to his field‚ as well as with the issue of prejudice and discrimination. He was born on March 23‚ 1933 in New York City to Sicilian parents. He was the first
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Gillette Cassette Case Study‚ 1/9/11 In 1970 Gillette Razors was dominating the manufacturing and distribution of men’s and women’s razors‚ blades and other toiletries. Their distribution to 500‚000 retail outlets in the US and the strong relationships of their sales team with chain retailers and wholesale distributors made them well-positioned to enter the emerging market of blank cassettes. Based on the research they received from their consultants‚ Gillette was smart to seriously consider
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Introduction Protagonist: Ralph Bingham – Vice President‚ new business development‚ Gillette Safety Razor Division (SRD) Problem: Ralph needs to achieve company targets for earnings growth for his division by developing a new business product. Ralph has commissioned an extensive investigation into the blank cassette tape market and he views this market as poised for substantial growth and opportunity over the long-term range of ten to fifteen years. Ralph feels that his division is well positioned
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PHILLIPS FOODS‚ INC. — INTRODUCING KING CRAB TO THE TRADE On a hot Baltimore day in August 2006‚ Phillips Seafood Restaurants were full of tourists lunching on local seafood specialties. Among them‚ Cherry Stockworth‚ vice-president of marketing for Phillips Foods‚ Inc.‚ and Ron Birch‚ product manager for the new pasteurized king crab‚ were discussing the upcoming phase II of the launch of king crab (see Exhibit 1). In phase I‚ Birch had targeted foodservice buyers and had spent almost half of
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The Paperless(?) Office 1. What are the advantages and disadvantages of the paperless office? There are many advantages to having a paperless office. One advantage is that companies are able to greatly reduce the amount of paper that they use. Not only does this help the environment‚ it helps cut costs within the organization. Companies are also able to improve service through implementing the paperless office. This is because communication is immediate and does not get lost in a
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organizational structure is embedded in its capabilities and competencies. The first obvious example is Matsushita’s highly centralized mode of production which dictates global operations unlike its competitor in the electronics market‚ a conglomerate‚ Philips‚ who has very little centralized mode of coordination. Matsushita’s management style was very traditional‚ since it was established. It is believed that they chose this form of structure and structure because of the nature of the market the organization
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"Larkin is a poet of grey moods‚ suburban melancholy and accepted regrets." Do you agree or disagree You can look out of your life like a train and see what your heading for‚ but you can’t stop the train. This was one of Larkin’s famous quotes. It means life keeps going on‚ even when there’s a bump on the road and you need to stop‚ but you just simply can’t stop life. You have to be patient and flow through life until its time. This however‚ definitely composes Larkin as a poet who articulates
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San Diego State University PHILIPS VERSUS MATSUSHITA: THE COMPETITIVE BATTLE CONTINUES MGT 405.03 Instructor: Eva Nicasio Mercier 17 March‚ 2014 From their inception‚ both Matsushita and the Philips were entrenched with a strong foundation and close ties to their respective creators Gerard Philips and Konosuke Matsushita. Gerard‚ with his technological prowess‚ coupled with his brother’s excellent salesmanship‚ enabled the company to create significant
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