Westchester Distributing In the case‚ the obvious issue was Westchester Distributing’s internal controls‚ but less obvious and just important were the company owner’s span of attention‚ tone at the top‚ and the incentives/focus management put on outputs. As a result of the company’s high growth from 20 employees to 60 employees within eight year‚ internal controls had not been given attention. With this said‚ simple controls should have been put in place as the company reached growth goals. One control
Premium Output Ethics Input
Westchester Distributing‚ Inc. October 3‚ 2012. A couple of employees from Westchester Distributing are accused of bribing a customer with $2 per case kickbacks in exchange for purchasing 100 cases of slow moving beer. Vincent Patton is faced with the challenge of making a decision based on ethics or company profitability. If Mr. Patton decides to fire all three employees‚ the company will not be able to run at full capacity. On the other hand‚ if he decides to ignore the situation‚ he will
Premium Sales Risk Internal control
Westchester Dis. 1. What went wrong at Westchester? Summarize the case facts and key causes of the current situation. Your response should EXPLICITLY consider the COSO Framework. Due to an informal corporate environment‚ Westchester Distributing‚ Inc. experienced a situation that could have been avoided had the control environment been in place. Carter Mario‚ a salesman for Westchester‚ defrauded his employer by falsifying expense reports and bribing a customer. George Pavlov‚ a sales manager
Premium Alcoholic beverage Face Future
Computer Distributing System A computer distributing system consists of a lot of computers that are linked in one computer network (Ihorkuz and Gernot). The computer network where all the computers are linked‚ gives them the permission to computers to share benefits from the system hardware‚ software and data. The computers that are in a distributed system can be close and connected by a local network‚ geographic network‚ and connected by a wide area network. We use the computer distributing system
Premium Computer network Personal computer
A Full Vindication of the measures of Congress "A full vindication of measures of Congress" is one of Alexander Hamilton’s first published letters‚ in response to the letter of " A Westchester Farmer"‚ which accuses the actions of the first Continental Congress. Hamilton starts the letter with defending decisions and actions of the Congress‚ and disproving the "Farmer’s" accusations by logically and precisely responding to his main points‚ with facts and examples. Then‚ he proves how the Congress
Premium British Empire Thirteen Colonies United Kingdom
Westchester Distribution Inc.‚ a reputable beer distributor‚ received a concerning letter from a customer’s attorney. The letter stated that the customer‚ Mr. Moon‚ received “improper discounts” on a shipment of beer. The tone of the letter is hostile‚ and the attorney asks that Westchester refund the sale to “avoid any prejudice”. Vince Patton‚ the President of Westchester‚ investigated the situation and found that some of his employees were involved in illegal activities. It was revealed that they
Premium Sales Vice President of the United States President of the United States
DATA Company: Bailey Distributing Company Current Credit Policy 1/10‚ net 30 40% of customers under discount $200‚000 annual sales 20‚000 units‚ annual sales New Credit Policy 3/10‚ net 50 50% of customers under discount $250‚000 annual sales 25‚000 units‚ annual sales Ordering Cost: $100/ order Carrying Cost: $1/ units Average Cost: $6‚ 50/ unit Average Inventory: EOQ/2 Cost of Goods Sold= 65% of Net Sales General and Administrative Expenses= 10% of Net Sales Interest
Premium Generally Accepted Accounting Principles Accounts receivable Balance sheet
businesses in their formation of these ethics‚ most businesses create their own. Some businesses follow other business guidelines as a start and then streamline the guidelines to specifically relate to their business. My company is Budweiser-Busch Distributing Co.‚ Inc. My CEO‚ Chris Fuchs‚ has appointed myself to develop and implement an ethics program for the company. Here is the requested summary of my planned actions: Conflict of Interests: Employees should generally remove themselves from the situation
Premium Employment Ethics Business ethics
Distributing Condoms to High School Students Distributing Condoms to High School Students High school students are a group of young and curious individuals. They suffer from the peer pressure of other students and are often judged by their social status. Everyone wants to fit in and most students will do anything to do just that. One of the popular topics of the age group (15-18) is who is sexually involved. Not knowing what is involved with sexual activity can be detrimental to a youths present
Premium Birth control Sexual intercourse Human sexual behavior
Blanchard Importing and Distributing Co.‚ Inc Question 1: EOQ/ROP Calculations Multi period Inventory System: Fixed-Order Quantity Model (EOQ/ROP) Assumptions: Demand for products is constant‚ however safety stock added as precaution to stock outs. Probability of not stocking out is 95% Lead time is constant Price per unit is constant Inventory holding cost is based on average inventory and storage costs for safety stock Setup costs are constant All demands for product will be satisfied
Premium Inventory