Factory Course Works Samples For Students

Question 1

Alliances can be groupings of different personalities who have a common goal which in most cases involves profits. Realistic goals and size I believe are the key features here.For an alliance to work well; they should initially start by setting their own objectives, which are attainable during a measurable time span. Few people are fast in decision making compared to a large group hence serves as an added advantage to the group. In cases of raising capital, a large group is preferred as it has more members to contribute. In sharing risks, they are evenly distributed reducing the burden ...

The contract is between a farmer and the processing company. The two parties came to a solemn agreement on the terms and condition that builds the contract. The contract states that the after the farmer makes his or her harvest, he should supply the factory with the produce for processing. The terms of payment for the supplies are; the farmer would supply half of the farm produces and in turn the factory would promptly pay for the supply. The company would evaluate the quality of the products by processing the entire supply. If the products are up to the ...

The major players in the U.S. automotive industry have had to revisit their policies, strategies and manufacturing practices amid challenges resulting from today’s business environment. Traditionally Klier and Rubenstein (2009) noted that the industry players like Ford and General Motors once produced many of the intermediate parts in-house. Today, the situation is strikingly different as the auto-manufacturers import most of the materials needed from foreign counterparts. This paper ...

Introduction

Absorption costing or full costing refers to a costing system that treats all the production costs, regardless of whether they are fixed or variable. On the other hand, variable, marginal, or direct costing refers to a costing system where the costs of production that vary with the output are essentially treated as product costs.
If Patty wishes to show the maximum profit to the bank over the preceding two years period, she should present full costing or absorption costing because the profits determined by variable costing method are not proper and true. The reason why they are not proper ...

1. Putting in place a more effective ethics programs and a more viable code of conduct could have helped Nike alleviate some of the ethical issues faced by the company. Effective ethics program helps an organization “foster ethical decision making in business” Ferrell, Fraedrick & Ferrell, 2011, p.216). A more effective ethics program and a more viable code of conduct can help the firm evade legal problems because ethics program and code of conduct can help identify and prevent misconduct in an organization (Ferrell, Fraedrich, & Ferrell, 2011). Additionally, a strong code of conduct offers real value to a company. Nike ...

In April of 2013, the Savar garment factory in Bangladesh collapsed, killing over a thousand workers and leaving many others injured (Manik and Yardley, 2013). The effects and aftermath of this disaster were widespread, from people arguing over safety regulations to the merits of conspicuous consumerism. The garment workers were making clothing for stores such as Sears and Walmart, and government investigations revealed violations of fire safety that could have contributed to the collapse (Manik and Yardley, 2013). In today’s capitalist economy, many large companies have to cut down on overhead by outsourcing labor and paying less to ...

- It takes 1,000 hours of labor to complete one batch of sandals
- Production reaches a cost effective level of 283.83 hours per batch, this highlights the fact that the greater the number of units produced, the lower the overall production cost becomes
I used the excel spreadsheet module in POM for windows to calculate all the data for this particular product. I extended the production timeline by another four months to determine projected levels of revenue and profitability. Using this tool is highly credible since the accuracy of the method, as reflected ...

Question 5 (a)

It has come to the attention of the audit firm that there are several issues surrounding the business operations of Ocean Manufacturing Inc that could deter the acceptance of the company as a client. This memo will clearly outline the reasons as to why the decision of not accepting the company as a client of the audit firm would be a viable choice. The factors identified are principal in any decision making process as they would save the reputation and time of the audit firm. Solutions to the problems observed in the company will be outlined so as to ...

Question 1 (a)

The year 1990 was the beginning of China’s growth in terms of Gross capital formation. China was constantly lacking behind in terms of gross capital formation in decades earlier than 1990 but in 1990 and onwards, China was able to take the lead from US and Japan with capital formation of more than $3T.

The rapid boom in export from the year 2002 brough significant changes in China’s export. Such a boom not only helped China to establish a strong export base but also helped China in taking the lead from United States. In the year 2010, ...

Chapter 9

1. Why does Grundy think that acquiring Canada will strengthen the America union?
Acquiring Canada will be an added advantage since the country has sufficient resources. If America adds up to its own form will be more strengthened for example, the essence of the human rights and freedom that they are fighting for to end the oppression and exploitation of other people, Canada, Americas share many things together, and the union of them will create more strength on American union. 2. Whom does Grundy hold responsible for Tecumseh’s uprising the conduct of Indian tribes he mentions?
Grundy blames ...

The impacts of closing and relocating the operations of a company could disrupt the organizational culture and environment of a company. Restructurings and relocations could result in the physical changes in the locations of company headquarters and distribution centres, change of company leadership, merging of some operations into one centre among other changes (Flecker, 2005). HS Engineering is a UK based firm that deals in making engineering tools. The company, mainly run by the founder’s family members, has been in operation for the last 40 years. As a result of the dynamics in the engineering tools industry, HS ...

With the analysis at hand on the way to transfer the data carefully and effectively from the IT of the acquired company to the acquired one. Measures such as revising the information held in their records and deduce their status. In regards the newly acquired soft candy company, four pyramids of ideas had to be developed. They fall under several meetings that were to be held by various departments within the acquiring manufacturer. The specified departments lie in the field of IT, Manufacturing, Distribution and lastly marketing. The requirements in completing the boxes were as specified. On box relating ...

Mergers and acquisitions are some of the most common forms of business strategies. It is usually used to expand the economic performance of one company. At this point, the manufacturer of hard candies chooses to acquire the manufacturer of soft candies. Before the acquisition, it is always advisable to carry out a research on the kind of partnership that the two businesses are willing to operate. Since there are various department in the company a concrete and reliable research would be needed to ensure outstanding information is gathered for the business partnership. All departments represent different roles in the ...

The impacts of closing and relocating the operations of a company could disrupt the organizational culture and environment of a company. HS Engineering plans to close its Wolverhampton and Oldham plants and move all precision manufacturing operations to its main Leeds plant. The Leeds plant has its employees properly unionized and it also gives its employees loyalty bonuses, pensions, sickness schemes and wages that are favourable to the local market.

The Leeds manufacturing plant has a clear and well-structured organizational structure comprising of a team leader for each area of production and structured upwards to the Managing Director. The ...

Abstract

This is a short analysis of Deborah Boe’s, “Factory Worker” and description of women in the work-place.

Deborah Boe’s poem, Factory Worker is an enjoyable one that depicts the typecast of the eighties. In the poem it is clear that Deborah is working in a place that is usually a man’s domain. She is good at her job and she does so well; she hardly thinks about what she is doing while she is performing her duties. She does not particularly like her job, she just do it; “All day I stand here, like this,/over ...

Strategy is the method through which an organization or an individual will conduct his actions in order to achieve the desired results. Organizations employ unique strategies in order to beat their competitor and also in order to gain competitive advantage. In most cases companies normally keep their strategies as a secret that is known to a few individuals who are responsible for implementing the strategy (Burke 2011, p.45). Strategies are normally kept as a secret because if an organization’s strategy is known by a competitor, the competitor may commence employing measures to counter the effectiveness of the strategy ...

There are many communication protocols that are used in Riordan Manufacturing Company. Communication protocols are useful in the networking world. They are the standards that are used to manage communications in the networks. They form the basis under which connections and interfaces communicate. The various branches that are seen in the company are reason enough to have protocols that will help in having a unified communication model. Communication protocols help to make common technologies that will make two hosts to communicate. Protocol is the specific rules and electric signal that the network system use. The protocol controls the communication ...

According to Gygi and Williams (2012), Lean refers to creating value to customers using fewer resources. The main idea behind the concept of lean is maximising customer’s value and minimise wastes. Manufacturing refers to the process of production of goods. Therefore, lean manufacturing refers to the production of superior quality goods for the customers at significantly affordable prices. Some of the importance of the lean manufacturing to the business organization includes:

- Building quality in the production process
- Elimination of waste in the production process
- Developing a unique approach towards corporate management.
- Developing techniques which ...

Organization BehaviorWhat factors should have alerted Hogan to the problems that eventually came up at Fancy Footwear?

Organizations that benefit from superior performance always attribute its success to the excellent and determined workforce. Every organization at some point may experience underperformance and it is always the organization’s obligation to grapple with the underperformance for the better of the business. In fancy footwear, it is evident that the issue of underperformance became perceptible when Hogan took the managerial role. The following factors could have alerted Hogan on the problems that eventually became discernible in the footwear factory.

- Hogan could have perceived the factory’s upcoming problems the moment the employees began to exhibit avoidance behaviors. ...

Strategic analysis

Five Forces analysis

Level of rivalry The level of rivalry remained intense until the end of 2004. Then after 2004, Lego became one of the stronger competitors in the market by introducing some of its new production, which has made its position in the market strong enough. After 2005, Lego started competing in the market of environment for the children. Lego became one of the great threats for big names such as Sega and EA.

Power of buyers

The buying power Lego buyers are higher as the cost of Lego productions is much less than the other alternative toys and productions available ...

Statistical process control

What is Statistical Process Control? It is a tool (discovered by Dr. Walter Shewart in 1920) for making analytical decisions. It is employed in checking whether a process is going on in the correct way or not. All processes have got inconsistency in form of variations an thus it needs to be determined if it is natural or if correction is needed. This is what entails quality control. In Statistical Process Control, process control charts are what determine if the process at hand is in control or not (Chase e.tal 2006).

Process Control charts are used during the period ...

Question one

Job costing is also known as specific order costing. It is suitable if it is possible to identify separately cost units of each job. Thus, after identifying a job it becomes possible to cost it individually. The job should be of a reasonable size and only relevant costs are included. It can be applied in contract costing, where, each contract is considered a different job and all costs incurred in respect to the contract are charged. Therefore, profit of the contract will be the difference between the contract price tag and the cost. This is commonly applied in auto ...

The current paper makes an effort to explain the concept of and comparison between job order costing system and the process costing system with a view to provide help in the process of decision making regarding the adoption of the costing system in question. Various views were considered in order to enable this study and make it instrumental in deciding upon the required costing system to be adopted in the company.

The conclusion submitted is based on a thorough comparison between both the costing systems. The various industries where these two costing systems are dominantly used ...

1. Project management is often defined as a process of applying managerial tools, knowledge and skills in order to achieve the project goal and to fulfil the requirements set by the customer within a predefined schedule and at a preset cost. The main benefit of the project management is customer satisfaction. It is achieved through the completion of a project in full, on time, in a quality manner and within a predefined budget (Gido, & Clements, 2009). In my career I have often relied on project management in order to define project objectives and to design a plan for project ...

1) Problem Statement: Sara Jones was appointed the managing director of Bake a Cake, a cake mix manufacturing company in the UK, three months ago. Sara learnt to adapt to the company’s working culture and practices. The methods were not too different from her previous managerial roles so she had little trouble with this. She also took part in sessions on how to train staff as part of her management role. In order to gain a better understanding of Bake a Cake she decided to travel around the company’s manufacturing and distribution factories to briefly observe how ...

The impacts of closing and relocating the operations of a company could disrupt the organizational culture and environment of a company. Restructurings and relocations could result in the physical changes in the locations of company headquarters and distribution centres, change of company leadership, merging of some operations into one centre among other changes (Flecker, 2005). HS Engineering is a UK based firm that deals in making engineering tools. The company, mainly run by the founder’s family members, has been in operation for the last 40 years.

HS Engineering has a hierarchical structure of management where the three plants-Leeds, ...

Abstract

The quality management process in a process by which the quality of the products that are delivered to the clients is managed to make sure that it is the best. This process is very important considering that clients will always opt to go for products that are of the best quality; ...

Introduction

For any company to maximize profits, it must try to implement Just in Time (JIT) demand based system, forecast driven system or lean manufacturing. This is done while considering their advantages and disadvantages i.e. how they affect the company in terms of workers and the equipment they use. Companies must also dispense proper management so that production of goods and services is increased (Perry, 2008). ...

The industrial revolution affected the country in several ways. The industrialization saw a change in the agricultural farming dependency to manufacturing firms. Factories sprang up everywhere and farmers working in people’s farms and they now started working in factories (Soman, 2008). There was a rise in the standard of living but it came at a high cost. First women started working in factories and were no longer seen to be housewives only. They were valued as a resource of labor in the factories.

The women were considered inferior to the ...

Response to an RFP on Customer Service Specialist

Response to an RFP on Customer Service Specialist

This paper seeks to provide both strategic and financial that makes a company have strong competitive power using Apple Inc. as an example. Any company in any industry stands a greater chance of competing in its respective industry no matter how large or small it is. The power of competitiveness of any firm in any industry depends on financial state and strategic plans set to facilitate the progressive operation of the firm within the industry. A best example of a firm existing in its industry and being at the top of ...

Question One

- You should then summarize, in a short paragraph, which parts of the business you need to strengthen.

The business needs to strengthen its use of the website. They should try to make it an easy method of selling directly to customers. This will enable it to compete with their competitors in a better way. People love to visit the business -a business heritage-, however, it is costly to maintain and thus they need to break away from it. In addition, the business needs to uses technologically advanced production methods since, it still uses labour intensive methods of production. ...

The economic growth of France remains to be influential in the entire European economy as it is currently the second largest country in Europe in terms of economic development and fifth in the world. The country being a member of European Union, it has also been affected tremendously by the most recent Eurozone recession. However, the country remains the world’s greatest economy in terms of the Gross Domestic Productivity (GDP), with Paris maintaining the highest economic income obtained from tourism activities whereby the city receives the highest number of tourists from all over the world. The country also ...

In the traditional methods of absorbing overheads, the costs were allocated to the various products based on the production output, sales, head count or the square foot occupied by product operations. There are several disadvantages of traditional methods. First of all, it leads to under costing and over costing of the products. Due to the arbitrary allocation of overheads by sales or production output, the company is not able to see the hidden costs and profits of the different products. It also distorts profitability analysis. Furthermore, it causes the manager not to pay attention or particular detail to the ...

The practice of outsourcing has increased tremendously in the business sector due to the numerous benefits that accrue from outsourcing. Outsourcing improves efficiency and reduces operational costs. However, businesses cannot outsource all of their functions. Below are examples of functions in an airline operation that are most and least amenable to be outsourced.

Customer service is one of the functions that is most amenable to be outsourced. Instead of the airline hiring numerous individual operators, it can contract a single call centre to handle customer calls. It is inefficient for the airline to handle its own call centre ...

Facilitator:

Scientific techniques refer to procedures that are informed by technical or logical postulates in developing practical mechanisms or systems. Scientific principles refer to methods based on empirical and measurable facts for measuring and investigating a particular phenomenon. Scientific principles and techniques therefore are strategies and techniques used to investigate a phenomenon, validate facts, or reject a thesis based on empirical and measurable facts (Jarrett 2009, p. 219). In engineering, scientific methods determine the quality and level of material used for the final assembly stage.

Scientific principles and techniques are essential in promoting research in different areas of engineering. Engineers ...

The manufacturing company is responsible for the injuries of the pilot. The manufacturing bears the sole liability because it offered the contract to the subcontractor who provided equipment with flaw that led to the air crash injuring the pilot seriously. The liability is transferred from the subcontractor to the manufacturing company because it the one which offered this contract to the subcontractor. The manufacturing company may make a follow up for compensation from the subcontractor to compensate for the failure of the equipment which caused the failure of the aircraft. The company is suppose to compensate he pilot for ...

Part 1: Production Planning and Quality Management

Setting up of a production plant requires elaborate planning in terms of the location, raw material supply, production schedules, inventory, and transport. Creation of proper plans improves the efficiency in supply chain logistics, which in turn lowers the production costs while increasing the profits. In production planning, supply chain decisions involve both the strategic and operational plans. While strategic plans address the overall long-term goals of the firm, operational decisions focus on the routine functions of the firm.

Location decisions determine the geographic positioning of the production plant. It takes into consideration the suitability of the stocking and sourcing ...

Accounting Cycles

Adjusting Entries: These are entries made at the end of an accounting year usually at the end of year. These are journal entries to ensure incomes and expenses are allocated in the period that they were earned and incurred respectively. The money may not have been received or paid out in the particular period but the expenses and income are accounted for in the particular year they were earned or incurred. This is known as accrual accounting. It is also the principle of matching principle since revenue and associated costs are accounted for in the ...

Abstract

Outsourcing is the transfer of organization on the basis of the contract of specific business processes or functions in the service of another company that specializes in the field. In contrast to the services of service and support with a one-time, occasional, random and limited the beginning and end, is usually transmitted by outsourcing functions to support professional trouble-free operation of individual systems and infrastructure through long-term contract (minimum 1 year). Availability of business process outsourcing is the hallmark of a variety of other forms of service delivery and customer care.
Advantages and ...

The consequences for granting exemptions to U.S. federal labour laws to garment subcontractors operating on Saipan was that they could pay the workers a fraction of the minimum wage, work them harder in poor conditions and for longer hours. Following suicides at Apple’s main supplier in China, in 2010 Foxconn has been reported for labour law abuses such as child labour, forced overtime and unsafe working condition and violations of minimum wage laws, when in actual fact Apple’s profit has reached an amazing $13 Billion. This contrasting with Apple’s image as a forward thinking innovative company ...

Carlos Ghosn is a French businessman born in Brazil. Ghosn is currently the Chairman of Nissan Motor Co. Ltd, a position he has held since 2008. Ghosn also served as the president and the Chief Executive Officer (CEO) of Nissan since 2000 and 2001 respectively. Apart from holding leadership positions at Nissan, Ghosn is also the president and the Chairman at Renault Motor Ltd. Among the leadership, decisions that threw Ghosn into the limelight include spearheading downsizing and closure of several factories at Nissan which culminated in the turnaround of the company (Magee, 2003).

Ghosn’s leadership style

As Nissan Ltd CEO, Ghosn ...

Introduction

It is essential that nurses understand the issues related to health care, which are local and state financing, national healthcare policies, and initiatives that affect healthcare delivery. As a patient advocate, the professional nurse is in a position to work with patients and families to access available resources to meet health care needs. Nurses also have an ethical responsibility to be fiscally prudent in all practice settings to eliminate inefficiencies, and to promote best practices. 

Task: Scenario 1: Note: For parts A and B, the suggested length is a combined total of 1–2 pages. 

Mrs. Zwick, a 77-year-old widow and permanent resident of the United States, was admitted as an inpatient and hospitalized for five days following a ...

The text narrates the problem that is faced by New Zealand dairy companies. They are required to schedule the picking and delivery of milk to dairy companies. They are required to pick the milk from the suppliers who are farmers in New Zealand. The supply of milk will depend on the season which therefore means that the quantity will vary depending on the season. The milk is collected by tankers from the farmers. The collection of suppliers which the tanker will serve a day is referred to as a run. The runs are scheduled by schedulers who have to ensure that ...

ACME manufacturing company is a prime manufacturer of a variety of metal products. There are several departments under this company. The company requires a network to facilitate communication in the company. The company also expects a network design document that includes different recommendations for different network services in the company. ACME manufacturing company is growing steadily and recently acquired a manufacturing plant in China. The company believes that such acquisitions will help it continue to grow. This company has several other offices in the United States of America. The company wants to be able to connect all their operational ...

Managerial Accounting helps in the provision of important information that supports the internal management processes of an organization. In so doing, Managerial Accounting greatly helps the organization’s management to achieve the set goals. This is realized through planning and control, and appropriate decision making. Both standard costing and budgeting techniques help in planning and control, while direct costing and capital budgeting, among other techniques, help in decision making. In general terms, Managerial Accounting is all about the methods and ideas that provide accounting information aimed at supporting directly the managerial roles in an organization.
On the other hand, ...

Differentiation Strategy

Differentiation strategy by Nike is used to gain market share advantage in the broad foot ware market. Aside from foot wear, the company boasts of products such as clothing, equipment, and even accessories. The strategy is achieved by producing consumer goods and services that customers perceive to be of high quality or have added unique features. This has been achieved by the company innovating state of the art athletic shoes that are publicized through dramatic “guerrilla” marketing (Marca, 2001). Marketing of the different products is designed to coerce customers that Nike’s shoes are not ...

Question A

According to Gregory Mankiw (2011), trade balance reflects the difference between net worth of exports and imports in a given country. Consequently, positive trade balance suggests in monetary value country exports more than it imports, while negative trading balance (trade deficit) is associated with dominance of imports over exports. Economists argue that trade deficit is not always considered to have a negative impact on the national economy, however it often creates potential risks which may result in harsh economic consequences if they are not addressed properly. For example, if net exports are negative it is assumed that proceedings from ...

QUESTION 1: Why does Microsoft’s traditional strategy of “one-size-fits-all” not work well in emerging markets like India? What is different about these markets? How do customers differ both in their characteristics and in the way they use technology?

Microsoft employs a globalization strategy which entails the standardization of all products despite the market that it is targeting thus the “one-size-fits-all” tag, this strategy works on the premise that all markets have the same requirements thus the standardization.

However emerging markets such as India, China and Brazil have certain peculiarities that companies need to take into account before formulating ...

Nokia is a global brand name for a mobile phone manufacturing firm that also engages in production of other phone devices employed in the communication and information industry. It employees more than 132,000 employees and operates in about 150 countries. It is noted as the biggest mobile phone manufacturing firm in the year 2010. It has taken Nokia 148 years to become a force to reckon with since it was founded in 1865 by Fredrik idestam. The Nokia Corporation was founded after mergers between a rubber company and a cable firm. The greatest growth of Nokia was noted ...

Quantitative and qualitative research methods are equally important in marketing research. Although the two terms are used in the same breath, they mean different things. Using the terms interchangeably is unacceptable because their aims and techniques are particularly different. The primary difference between qualitative and quantitative research is that, while the former seeks to explore the reasons, motivations and opinions behind a certain phenomenon, the later aims at quantifying the problems through the use of numeric data (Parasuraman et al, 2007). This way, the results of quantitative data are presented in the form of figures and statistical data. From ...

Yummy Cheese company feasibility study

In Egypt, cheese is a popular staple diet that is consumed across the social economic divide. The industry offers a variety of cheese products that are consumed by different income groups in the country with varying price ranges. Egypt is a vast nation with a human population of 75 million, most of whom are youth and younger adults who require large quantities of food and nutrition products as they grow.

Current Markets

High income consumers in this country constitute 9 % of the country’s total population. This class of people is popular with buying hard cheese which is the most expensive ...

History of ERP

ERP or Enterprise Resource Planning evolved from MRP or Materials Resource Planning in the 1960’s. The first MRP systems didn’t integrate financial applications because it focused on the creation of a system that can manage a company’s demands and orders. It basically focused on inventory and raw materials control. In 1970 and with the help of the continuous evolution of relational databases systems which is a major component of the system, ERP evolved to MRPII and became more and more standardized and provided capability of data sharing. Financial applications were incorporated to the system to provide ...

Executive Summary

This paper provides background information on Indonesia, which is a prospective location for the expansion of Foxconn's operations, particularly for the establishment of its manufacturing facility.

Economic climate

- Indonesia incurred an economic growth of 6.1% and 6.4% in 2010 and 2011, respectively (CIA, n.d.).
- The new government administration has introduced various financial reforms that further aid economic development.
- It has managed to achieve growth even during the global economic crisis.
- It is able to maintain low levels of debt.
- Its credit rating has been upgraded to the investment grade in 2011 (CIA, n.d.).
- ...

The objective of this report is to present analysis on how RFID are being used to improve the efficiency and quality of organizations, their products and services. The report has been divided into three sections namely introduction, which provides a brief discussion on the general relation of information technology to business most particularly the RFID. The methods used to construct this report is through random research of the topic and used the obtained readings to support the thesis. It was concluded through the readings and findings that RFID was able to improve efficiency of companies ...

Technology as a tool in disaster management has its disadvantages, which can have serious consequences. Every shred of technology in existence today came to be as a result of man’s discoveries and invention. Man by nature is a creature bound to make mistakes from time to time thus any technological equipment has its loopholes which cannot be realized immediately if several tests are not carried out. Technology keeps changing as man discovers advanced way of improving the performance of technological devices that had been previously invented. Technology therefore is vulnerable since it gets replaced by newer and faster ...

Introduction

Arguably, Acer Corporation for many decades remains Taiwan's leading exporter of computer products and the world's fifth largest computer manufacturer implements diverse marketing strategies in its markets dominance. Considerably, Acer as an international company seeks to increase market opportunities as it has already established its markets in developing countries and developed countries because it has long established itself as a leading computer manufacturer (Acer Corporation, 2006). More than often, the company uses market strategies that seek to attract an increased number of customers considering that it targets those from both the wealthy elite high class customers and middle ...

Given a description of business pressures in the digital firm requiring information systems solutions, describe the evolution, the current state, and the trends in information technology and solutions that address those pressures from a functional perspective.

About fifteen years ago, there was a distinct line that separated organizations from its partners, suppliers, and customers (Laudon & Laudon, 2006). There were also distinct lines that separated an organization’s various divisions such as finance, production, manufacturing, and the human resources department. As such, organizations weren’t expected to make any information available to parties outside of the organization. However, in today’ ...

1. Discuss budgetary areas that raise concern in the budget planning.

The master budget made by Competition Bikes Inc. is quite sound however there are certain issues that have come forward from the budget. The issues have been briefly described below. One of the prime concerns is the timing of the budget. They have not been divided quarterly although cycling is a weather dependent sport and is affected by seasonal fluctuations. By separating the budget quarterly will allow us to have a better idea of the peak and the off-peak seasons and will allow the company to make more ...

Background of the organization

Apple Inc. is one of the best internationally known computer companies that specialize in designing and creating iPads, iPods, iTunes, Macintosh desktops and laptop and operating systems like the OS X. The Company has embraced the revolutionary technology and has ventured in the manufacturing of iPhone. Apple is a brand that actively competes with others in the market. According Linzmayer (2004) the brand is very competitive even in the very competitive markets, in the PC market it is well represented by its highly reputed Macintosh computers and accompanying and related programs and software. In the electronics industry and market, ...

City

1. How did Dell lose its ranking as the leading global PC computer maker?

Dell was the market leader in the computer manufacturing segment for almost 5 years before 2005, when its position started to deteriorate, leading to the loss of market share first to the main competitor Hewlett-Packard, and then to Acer. In order to understand what has become the reason for this change, it is important to identify the major success factors of Dell. Firstly, it was the concept of build-to-order, flexible supply chain and low inventory levels. Dell’s manufacturing sites were located ...