Essays on Warranty

Question: Given the success of Hyundai cars in the U.S. market in recent years, are they going to be another major competitive forces next to Japanese cars that three American automakers must pay attention to? Based on the case study presented, it seems that Hyundai will be a force to reckon with, if not globally, in the United States for years to come. This is hugely due to the mindset of its leader, Chairman Chung Mong-Koo. Right from the start, his mind was set to making a name for Hyundai globally. He led a company to be successful in ...

Executive summary

The smart home integrated energy efficiency product will come in packages of silver, bronze, and gold to target consumers and homeowners in the United States of America. Bronze packaged products will be marketed to consumers of lower income bracket while energy efficiency products that are packaged in silver and gold will be marketed to high-income homeowners. This product is fabricated to ensure that it reduces the amount of energy consumed by electric appliances and in effect reduce the electric bills that are paid by consumers. Due to the complexity of this product market representatives will be used to visit ...

When it comes to Human Resource Management, things tend to get a tad bit trickier considering how the HR department’s entire job is to maintain the upkeep of the people to ensure the upkeep of the facility. That being said, there are a few factors the HR department needs to consider before they can perfectly say that have done the best HR planning for the sports complex. For starters they need to make sure there are enough people doing the work and the maintenance of the facility is going as planned. Secondly, they need to make sure that ...

Introduction

Thalmic Labs is a software- and hardware-company primarily based in Canada. Its primary product is digital devices aimed for the Canadian sector. The company caters to individuals and organizations, connecting people and providing network capabilities. It has partnered with relevant companies in Canada and North America, such as Intel and Microsoft. Its main program of e-waste management is effective, which includes “cradle to “cradle,” and recycling of electronic materials and devices known as the “Buyback” program, where the company buys back used cell phones and gadgets. ThalmicLabs buys back used mobile devices from customers, no matter how aged they ...

Introduction

The case study is about Ford Motor Company and its product warranty program. The company is a large American car manufacturer and seller globally. In 1987, Ford Motors went through a tremendous change in its external business environment as a result of the announcements that were made by its primary competitors regarding their new policies on product warranty. These changes in the policies may adversely impact not only the company’s sales, as well as, market but also other important departments of manufacturing e.g. quality assurance, dealer networks, and extended services. As a remedy, the managers of Ford Motor ...

Chevrolet Silverado also known as GMC Sierra is a product of General Motors. It is a full-size and heavy-duty pickup truck. The series of heavy-duty trucks of General Motors from which Chevrolet Silverado belongs was first introduced in 1999. Since its confinement in the General Motors till today, it passed through different innovative and more efficient advancements (Chevrolet.Ca, 2017). The variations in the engine and other equipment of the vehicle made it more successful and the prime choice for its buyers. It also managed to make its place in the market due to its holding company, General Motors that ...

Ford Motor Company: The Product Warranty Program (A)

Decision-Making Introduction Change they say is evitable for there comes a time when an organization has to make important decisions (Blenko, Mankins & Rogers, 2013). This does not mean that decisions are not made regularly; in every organization there are decisions that are made on a regular basis that ensure smooth running of the organization. However, there comes a time when pivotal decisions that will shape the future and outlook of the organization are made and such decisions call for the involvement of the board of directors, the chairman of the firm and the executives in highest hierarchy (Blenko, Mankins & ...

Educational affiliation

Abstract Corporate Social Responsibility and Ethics The paper analyses the role of the ethics and corporate state responsibility in the terms of the automotive industry. The study is to evaluate the role of the local ethics and the Corporate Social Responsibility in the process of the international development of the automotive industry. The key objectives are to evaluate the roles of these two concepts, find out the role of the customers’ awareness of the unethical behavior, and describe the patterns of change. The study validates why the car industry should focus on the ethical considerations and the CSR. This ...

Introduction:

The case study has pointed out different challenges that is faced by a project manager. The book written by Laufer discusses about different core principles of leadership that is related to this case study. It can be used to successfully manage a project at different environment to achieve the desired objectives. There are many government employees who are not interested on new culture but prefer to close the project. The case study symbolizes it more clearly. As time passes Judy shows them importance of new culture and make them work on it to have profit and an air of ...

Introduction

Businesses have a common goal of achieving success and uniqueness that helps them to stand a mile ahead of their competitors (Chattopadhyay et al., 2012). However, over the recent years, many companies have embraced the concepts of merger and acquisition in efforts to exploit their business potential fully. Mergers and acquisitions are important drivers of growth for a particular organization. Companies have come up with business and international level strategies that will help them to yield high profits. The Kellogg Company has acquired companies and the Publix Supermarkets, Inc. have not acquired mergers and solely operates within the U.S. ...

PART A

Question one Apple Computer was incorporated in 1977 to design, manufactures as well as marketing mobile communication and media devices (Reuters.com, 2016). Moreover, it also sells different related software, and third party digital applications. Its products are iPhone, Apple television, iPod, Mac, both consumer and professional software applications, iOS and OSX operating systems. The Apple computers Inc. provides a variety of mobile communications, personal computing products, and portable digital players.

Question two

The operating performance of Apple Inc. relies on the general economic conditions. Therefore, for the last four years (1999 to 2002), the demand for the Apple's products has been ...

Solar energy harnessing through the use of solar panels installed in small homes presents better alternative to the hydroelectric provided through the national grid. While the use of solar panels may provide several advantages over the use of hydroelectricity, its usage presents several pitfalls to the user. It is imperative to investigate and outline the possible costs and advantages associated with the use of solar panels as a source of harnessing solar energy before installation is started. In most cases, the decisions concerning the installation of solar panels as the primary source of electricity are normally based on the ...

 Fire Alarm Monitoring- contact Datawatch and have them change status to “testing” during any inspection or anything that could trigger the fire alarm. Fire Alarm Out of Service: Datawatch is the facilitator for fire alarm services in the building. The code of building is 966, and the contact number of Datawatch service center is 240-683-6520. He will take few minutes to come and resolve all the issues related to fire alarm without charging any additional amount as it is a free service.  Roof Leaks- Call Firestone. We use Tecta America as the company that provides the service. Our warranty ...

Proposal Recommendation

Executive Summary Over the last decade, our school district has done an excellent job in keeping up with the latest in all of technological trends, accelerating the knowledge and computer skills of our students. Such knowledge and computer skills have afforded many of our schools with high rankings, as is compared to our closest counterparts. We have been known to set a trend that is not always the most popular. Yet in spite of such lack of popularity, we are able to account in a compensatory manner. For example, our choices have always tended to prove to be the ...

The capital budget, unlike the operating budget, is a plan for major purchases, and it covers the acquisition of land, buildings, and long-term equipment among others (Roussel et al., 2015; Dunham-Taylor & Pinczuk, 2009). Comprehension of the capital budgeting process is essential for nurse managers. Such an understanding assists nurse administrators to make decisions that are not only sound in a business sense but those that will allow the most efficient utilization of resources for the delivery of care (Dunham-Taylor, 2009). As the cost of medical services increase, healthcare resources are becoming scarce (Zismer et al., 2011). This necessitates a ...

The competition is a prerequisite and characteristic feature of the market. After all, if the basis for the functioning of a market economy put the domination of private ownership of the means of production, which, in turn, acts as a guarantee of freedom of choice for entrepreneurs in their activities, and certainly there is competition between them. The word competition comes from Latin and means to flee together to compete on some other career. This competition is crucial for establishing market prices, which are the main feature of a market economy. Competition (in the economic sense) - the rivalry ...

EXECUTIVE SUMMARY

The Nightlife Hospital, a leading health facility in the United States seeks a capital expenditure justification for the purchase of an MRI machine. This design of the machine will utilize the current technology so as to ensure best services to the customers. The machine will solve the current problems caused by referring patients to other hospitals and waiting for test results in before treating them. The machine should meet the demand by patients for better and more comfortable scanning operations. It should also be cheap, sustainable, and safe for the patients and the clinicians. The best MRI machine the ...

Introduction

Fair play in business practices is essential to the maintenance of a self-sustainable corporate environment. Precisely, all the parties involved in any business activity need to embrace ethical principles while following the legal provisions in any commercial venture. With this in mind, it is worth acknowledging the fact that Kallestad breached the fundamental provisions of an implied warranty by selling substandard products to Peter and Tanya Rothing. According to Murthy and Blischke (2006), an implied warranty is a contract arising from the operation of the law guaranteeing that the goods to be sold are merchantable and are appropriate for ...

The administration and rental of commercial and residential property in the United States is governed by the landlord-tenant law which is comprised of both state and common laws. The relationship between the landlord and the tenant is protected by laws that aims to secure the interest of both parties, who generally wants to avoid hassles in terms of rent collection, repairs and other important issues concerning the lease. These laws and the individual lease agreement prescribe the rights and duties of the landlord and the tenant. Included in the landlord and tenant laws is the housing codes that ensure ...

Problem Presentation

RealTechy Inc. has been experiencing growth in its sales following the increased demand for its products in the market. Over the years, the corporation has had the best products in the market. Its products have held a reputation for being of high quality as opposed to the others in the market. Besides, the firm is renowned for offering quality services to the clients regarding the delivery of products as well as customer complaint handling. Products’ quality and excelling customer service have translated to the continued growth of the firm. Currently, the company is facing the challenge of balancing quality ...

The 1979 Sale of Goods Act is the most comprehensive pieces of legislation on commercial law in the UK that governs, inter alia, contracts for the sale of goods, implied terms in sale of goods, rules governing the transfer and possession of property (goods) and also provides some of the remedies that purchasers (buyers) may have against sellers for defects in goods or otherwise (Dobson, Dobson & Stokes 2012, p. 10). This Act thus ensures the effectiveness of the legal relationship between businesses and customers, for it contains rules and regulations that seek to protect the rights of buyers and ...

Material Facts

Jodee acquired a mobile phone from Right Phone Pty Limited. The phones that are supplied by Right Phone are usually manufactured abroad and then imported into the country by a company known as Viking Pty Limited. Right Phone then acquires the phones from this importer and supplies them to consumers. In supplying the phones, Right Phone requires consumers to sign a contract where they agree to pay a certain figure (the price of the phone) and a network connection fee which is paid monthly. The consumer after acquiring the phone pays for services such as phone calls on top ...

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Introduction

Galaxy Micro Systems is in the middle of deciding what kind of contract it will tie up with a national franchiser for three years service warranty. There are two alternatives; one is a lump sum contract paid out at the onset. The other is combination of a smaller fixed sum and an installment payment schedule spread over three years. Both schemes appear to be acceptable to Galaxy but there are parameters that need to be defined to make the decision. There is also a significant potential sale that needs to be assessed as it will influence ...

Introduction

LensCrafters is an international optical company with about 860 special service shops with production firms in the United States, Canada, and Puerto Rico. The company creates and delivers eyeglasses within one hour, using readily available resources in their store. LensCrafters are focused on creating customers consistently throughout by offering exceptional customer service, growing the employees and leaders, making the best quality eyeglasses within an hour and delivering value to its customers, in an attempt to achieve its mission. This essay is structured in seven parts. The first part is an introduction of LenCrafters and the essay structure; part two ...

Business case scenario analysis

Abstract The successful enterprise Three Guys Garage is facing challenges for expansion, succession planning, and the use of innovation in their services. Growing the brand can result to the loss of operational and service quality control while not doing so will limit TGG’s sustainability in the future. Growing the brand also provides enormous opportunities for their apparent successors to gain experience in running a large enterprise. Franchising the TGG brand provides at least three advantages in the expansion and planning fronts: easy access to better managerial talents; easy access to expansion capital; and significantly minimized risk exposure. However, ...

International Automobile Manufacturing Industry

Introduction The International Automobile industry is one of the biggest industries across the world. It has a wide range and top of automobile companies in terms of production including Toyota, Volkswagen, General Motors, Nissan, and Ford. It is expected that by 2020, around 90 million cars and commercial vehicles will be produced (Barnard). Top car manufacturing countries around the world including Japan, Germany, and the USA. (Statista a) Cars, as well as commercial vehicles, are being produced across the world. The following graph shows the proportion of car and commercial vehicles producing worldwide from the year 2000 to 2015: ( ...

Automobiles are an essential part of the modern world of travelling and rapid busy life. And, like every other mechanical device, from time to time they need changing. The question of changing a car is always very important for the car owner, as the car market provides a wide choice of different products. This choice depends on the manufacturer, price, model, equipment, etc. However, it is worth highlighting one more factor that influences the choice of the car: its previous usage. According to the Q3 Used Vehicle Market Report, the amount of sold used cars increases by 2-3% with ...

BUSINESS LAW QUESTIONS

Carlil v Carbolic Smoke Ball Company [1893] 1 QB 256; [1892] EWCA Civ 1 Carlil v Carbolic Smoke Ball Company is a leading case in Contract Law which discusses the salient elements of an offer, an invitation to treat and other relevant contractual concepts. The facts of this case are that Carbolic Smoke ball Company, while advertising the Carbolic Smoke Ball drug for influenza, advertised that; £100 would be rewarded to any person who contracted influenza having used the ball three times a day for two weeks. The Company added that £1000 was already deposited with Alliance Bank to ...

Legal research

Introduction Every business should abide by the business laws to remain competitive and relevant. Particularly, concepts surrounding the law of contracts, torts, and employment law guide most conflicts occurring in businesses today. However, businesses are faced with challenging situations that require precise understanding and interpretation of different commercial case laws and concepts. The lack of understanding of these basic concepts may cause businesses to suffer legal consequences arising from frequent litigations (Singh, 2007). The current paper analyses three events that happened at Wicked Theatres Group Ltd.’s theater. In doing so, the paper sheds light on the legal principles ...

The media has a great influence on how varied audiences perceive various issues in the society. The MacDonald’s spill incident which, led Ms. Liebeck to file a law suit against the coffee shop, was greatly misinterpreted by the media. The plaintiff had bought coffee at the restaurant and while trying to add sugar and cream, the coffee which is normally served between 180 and 190 degrees, spilled on her causing her third degree burns, hospitalization for 8 weeks and medical bills amounting to an approximate 11,000 USD, not to mention she was disfigured for two years . Two ...

Application Exercises

Assignment 1 Requirements For Q&P # 1, the list of activities entail wants and needs separation depending on the response being read. The Droid response, Neutrogena and Taster’s choice were all interpreted as “important to every consumer.” Due to advertisements and subsistent need of being satisfied with what the product is publicizing itself, it is bought, consumed and integrated as part of the daily routine of a consumer’s life. While “Essentials of Marketing” response is what would be defined “important to your job” because it is the knowledge that you need in order to have at least a ...

Product Label for Our Product

The product we have chosen for the purpose of writing this report is a fish tank cleaner. The product is not very common and known only to those who like to keep fish as pets or those who own aquariums at their offices or homes. The label of the product will be ‘Rock Crawler’.

Product Name

The name of the product is Rock Crawler. The product is one of its own kinds. Cleaning the aquarium or fish tank is very important and is usually done by the chemical available in the market or sometimes the use of domestic ingredients or mixtures ...

For this Assignment, I have chosen Wall Mart being the largest company in the World, with its closest rivals Tesco, Target Company and the Kroger Company. The other successful companies include Tesco in the U.K, THREE in the U.K and Target in the United States. The competitive positioning has been intense to Wall Mart since 2004-2008 periods, but it did not derail the company to lead still with a net worth of over $400 billion. Target has tried in continuous growth but is still struggling on a net worth of $70 billion. The calculations can just show that the ...

A lease is a contract between the lessor and lessee. In this case, Larry Landlord is the lessor and Roger Renter is the lessee. Under the lease agreement, both parties have respective rights, obligations, and duties. The lease agreement at issue is a residential lease. The old common law rule provided that lessees assumed the property “as is” and that the lessor made no promises or guarantees as to the condition of the property (Dukeminier, et al., 2010, p. 482). This common law approach proved problematic because it both discouraged landlords from making repairs while the tenant was in ...

We live in the age of technological development, when time-management and business optimization took care about most routine issues. Nevertheless, it is important to find time for yourself and relax without any responsible thoughts. That’s why SPA-salons and health centers are gaining their popularity, as time spent for oneself gives more efficiency in other spheres of person’s life. So now turn out to be so generally popular of different workshops of magnificence; expanded interest has turned into a win even a recently opened business. Hence, according to the recent research, it was decided to open a Health ...

Introduction

The Federal Acquisition Regulations (FAR) governs procurement procedures in most government entities. However, some federal government entities are governed by additional laws such as DFAR and GSAR. These regulations stipulate the procedures and rules to be adhered to by government agencies when conducting business. FAR was enacted to protect the interests of the federal government as a trustee to tax payers. Consequently, it tends to favor the federal government and by extension, the taxpayers. Besides, it seeks to protect business entities that contract with the government from abuses by the federal government owing to the fact that the federal ...

Introduction:

Global mobile manufacturing giants Apple Inc. and Samsung Inc. have been producing tablets designed to compete head-to-head. The iPad by Apple’s and Samsung’s Galaxy Tab have been the flagship tablet devices offered by each company respectively, and these devices have continued to evolve over the years in terms of design, performance, and other features. Since there have been many generations of Apple iPads and Samsung Galaxy Tabs, an honest and accurate comparison of these two devices can only be done if we compare the most recent versions. In this regard, this paper shall pit the iPad Air ...

Abstract

The products’ liability is an extremely important issue in our lives. It assures not only the perfect operation of the commodities we have bought but it also can save lives or keep people from injuries. In this essay it is represented a short overview of the legislation that arranges the matter and definitely appoints who is responsible in such cases. The Product Liability Law points the chain of responsibility starting with the producer of the given commodity, going through the suppliers and whole sale merchants until it ends with the retailer. There are many examples of product recall in ...

Abstract

Setting standards and specifications of a commercial contract is a significant process that contracting parties should take with a lot of seriousness. The standards and specifications set by the parties ensure that the products and services supplied are of the right quality and quantity. For an organization to ensure that it gets the precise products or services from the suppliers, it has to ensure that the standards and specifications agreed upon by the two parties are clear. The following report will be exploring the practical problems of ascertaining that the standards and specifications agreed upon in a contract are ...

Business Law

Contributory negligence describes the conduct that usually creates individual risks that are not reasonable (Magnus &Martin-Casals, 2004). That is such individuals are obligated to act reasonably as a person. Therefore, when a person fails to act in such a manner and injury occurs, then such a person may be held partially or fully responsible for the injury even if another person was part of the accident. For example, a driver knocking down a pedestrian who was crossing the road blindly without checking the traffic or any crossing sign. In this case, the pedestrian will partially responsible and is liable ...

Problem 18-4 Auctioning in Sweden

Companies that fail to meet their debts are mostly sold to the managers since they are the highest bidders because they have the best knowledge of the commodities which are the assets, products and services offered by the company. Managers have all the information about the in and out of the enterprise (Froeb et al., 2014). Company managers use a method known as overestimation. This process involves them overestimating the price of the actual sale. To achieve this, you must be having a lot of background information about the company and the potential prospects of the enterprise and how ...

Liferay Development Model vs Closed Source Development Model

Liferay uses an open source development model. Open source refers to software for which the source code is available freely over the internet from the original developers of the software (Niu, 2016). Android operating system is one of the most popular example of open source software. On the other hand, closed and commercial software is usually closely protected by the company that developed the software, using proprietary license agreements. For example, Microsoft windows is a closed source software protected by a license of Microsoft. Other users cannot use the source code of the software and develop variations of Windows ( ...

Creditors’ Rights and Collection Option

The first attempts by many creditors during debt collection never involve the courts. Creditors can directly contact debtors and demand payment. Failure to this attempt, the creditor has the right to transfer the account of the debtor to another business having the primary focus on collecting debts (Sorell, p. 77-81).

Debtors’ rights

The failure of not paying a debt is not a crime in general context even though it breaks agreements or contracts between debtors and creditors but failing to pay certain court-ordered debts like child support can cause criminal charges. Apart from some bankruptcy situations, debtors will have the choice ...

Question 1

Data and information are two terms, which are at times used in place of one another although they are different in numerous ways. First of all, data are unorganized, raw facts, which have to be processed while pieces of information are the facts that have been interpreted. Thus, data are the raw facts, which individuals collect based on their experiences and observations. Liew (2007) asserts that data is composed of raw, basic, and usually unfiltered information. Data might at times appear abstract or random since they are in unorganized and raw form. In the case study, the numbers showing ...

The 2015 KIA Optima Hybrid

The 2015 Kia Optima is a hybrid mid-sized sedan that has some stylish appearances, a vast array of features and an excellent trim on the cabin. The main advantages of the sedan are its wide range of features and easy to use controls. The crash test scores are also top, and the warranty is lengthy boosting consumer confidence. The car is equipped with four-wheel antilock disc brakes, traction and stability control, side and curtain airbags. The rear side has a camera, parking sensors, cross-traffic alerts and blind spot monitoring system for safety. Roadside assistance and automatic collision notification system ...

American Apparel Company

The firm opened its first store in 2003 and it has 260 stores across the globe. As a global firm, the marketing objective of the firm is to open more number of stores in remote areas and developing nations so that more market capture can be attained. In 2008, the firm saw extreme growth as it expanded to open 78 new stores in 2008 and high sales profit also but in 2009 -2011 recession period, the firm saw decline and therefore as per latest research journals, the firm focuses on expanding by having new stores in different markets which ...

Roll Number

Introduction After Global Agreement for Trade and Tariff came into existence in the 1990s, the overall supply chain process used in companies changed completely. Companies started sourcing raw materials and finished goods from thousands of miles away to gain cost advantage even though those were available nearby the point of consumption (Kannan and Sasikumar, 2009). Supply chain suddenly became the main differentiating factor between companies. The supply chain process increased the overall goods movement, which increased the greenhouse gas emission enormously. Increased level of demands started generating huge amounts of waste and this became a concern for the governments. ...

Industry Issues

The automobile industry is experiencing rapid internationalization due to the expansion of the automobile companies. As a result, all of the companies are facing challenges of the changes in the global automobile market . Generally, it can be stated that cultures and legal environments of the different countries pose significant challenges and hindrances to international companies like the Volkswagen. Automobile companies are increasingly pressurized to produce a vehicle with reduced carbon emissions , In addition, to this, the threat of oil depletion also presents a significant challenge to the companies. The automobile industry faces the challenge of producing an efficient, fast ...

Relevance of Statistics course irrespective of the Program a student is pursuing needs to be highlighted so that students get the right perspective about why and what they are learning in the course. Statistics handles ‘evidence-based view of reality’ (Friedman, H.H., Friedman, L.W and Amoo Taiwo, 2012 ) from different types of data collected through observation and studies. Article of Freidman et al., is the main source for the reflective essay. According to the authors there were numerous attempts at making statistics likeable by the students, prominent among which are:: (i) using humor in the introductory statistics course (Friedman, Friedman & ...

P and I Rule Book. According to the American P and I Club Rule Book, there is a clause about claims that are payable at the discretion of the Directors. Section 20 of the Rule book, titled “Ominbus” clause outlines that there may be circumstances where the Directors may choose to pay on claims that they collectively decide should be paid.

If the liability is not excluded elsewhere in any of the previous nineteen clauses, then the Directors can choose to pay a claim. This seems to be a fair way for the organization to establish that there may be unusual ...

In the context of real property, a quitclaim deed transfers or disposes only the interest that the grantor/owner has in the property (Hinkel, 2011). This means that whatever title the grantor has at the time of transfer, they pass it to the grantee. In such regard, in the event that at the time of transfer the grantor does not have title to the land, should the grantor later get the title to the property the grantee cannot claim the property. Additionally, a quitclaim deed does not have warranties of title and is transferred free of encumbrances.

Dr. Patel might see ...

Interactive Persuasive Thinking

Interactive Persuasive Presentation Communication is essential for every organization either internally or external. For every organization to carry out their processes well, there is a need for an organization to ensure that the communication in an organization is going on perfectly. Hence, there is a need for the organization to ensure that the communications methods are as cheap as possible in order for the organization to minimize its cost to the minimum. Cost is not just an issue as one may come across deals that are cheap but not effective. With these, there is need for the organizations to ensure ...

Abstract

Skylux Construction Company intends to provide high quality services to its customers. Marketing is a very important exercise that every business should practice, and consequently, well done marketing is reflected in the increase in sales. Skylux Construction Company has a marketing campaign that is meant to promote their services to its target clients in the most effective way. This paper explores the intended target market, competitors to the business, and the promotional plan for the company.

The paper will put out a detailed plan on how it intends to attract and retain customers. It will also give a budget of the marketing ...

A contract is one of the critical agreement that people and organizations go through on daily basis. It is worth noting that organizations and people go into a contract based on various reasons. There are critical components that must be considered when making some agreements. In analyzing the case study one, it is crucial to put into consideration various elements that must be considered for an agreement to be a contract. Some of the elements include acceptance, offer, consideration, as well as the intention of legal consequences. In case study one, there is no contract. These are based on the fact ...

Therefore, the regression equation for the staff costs vs. Sales becomes

If the sales increases by 1 million then the model predict the staff, cost will increase by 14.942497 million. The line of best fit indicates a positive linear relationship between the staff cost and sales. The convergence of the points towards the mean further shows little variation in the various factors/variables that determines the staff cost in the company. There is little erroneous data indicated by a single outlier at the upper right corner of the chart. The coefficient of determination further a test to a god fit to the data ...

A Knowledge Management (KM) system refers to a system for managing knowledge in organizations to support the creation, capturing, storage and the dissemination of information (Fuller 2002). In as much as KM has become a widely accepted business practice, many companies are still struggling to measure the gains it purports to offer. In these uncertain economic times, there is the urgent need for KM to show the value that knowledge sharing and its re-use bring to the company. There is the need to use measures to derive metrics that show performance and efforts. The measures outline the ...

Question1

The full revenue recognition ensures the matching principal is met. It establishes the accounting period where the expenses and revenues are recognized. In the case of the sale of an extended warranty, the method ensures all the cash is received at the period when extended warranty is sold. This method can be used to attract investors in the future because Circuit City Stores can manipulate this method to make their financial position better.

The deferral of revenue method could require the Circuit City Stores to change its accounting for extended warranty and product maintenance contracts. It could also ...

The case in study is about a conflict that existed between J. McGuire a construction/framing company owner who was the customer in this case and H. Hughes of H.H hardware. The case involves a saw which J. McGuire bought from H. H hardware and got broke in the process of usage before the warranty period expired. When J. McGuire came to back to the hardware to claim a replacement as he was told that the saw had a warranty, his comments were ignored by the manager claiming that the warranty was only for those who used the saw for un-professional services. The case study ...

Following The American Psychological Association’s Guidelines

Abstract Most buildings once completed take at least one year to settle and require repairs and maintenance. However, many older multiple dwelling buildings have suffered unforeseen issues. The most common problem is water ingress through the building envelope. The reason why residential buildings are critical and require closer and immediate attention is because these buildings belong to people who have invested their life savings into them for comfort and spend most of their time in those places. Commercial and industrial buildings do not require as much attention and their environmental separation requirements vary because they are only occupied ...

THE MODERNTECH CORPORATION

Dear Mr. Foster,

The Moderntech Corporation appreciates you as one of our most loyal and consistent customers. Your devotion to the products of this company is quite inspiring to all staff members of the corporation. We have received a complaint from you about the $1000 piece of equipment that broke and your request to cash in on your warranty privileges. I am very sad to inform you that you will not be able to cash in on your warranty privileges in this particular occasion.

The main reason for this decision is the fact that our warranty offers have an expiry ...