1. What must Morgan take into consideration before final decisions are made to ad- just check-in time and install a fully automated property management system? 2. How should Morgan proceed in resolving the communication issue? 3. Who needs to be involved in the final decisions? Why? 4. How might Morgan present the case to the corporate office?
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- MASTERY PROBLEM / Cr. Cash: $4,301.83 ar Ban Trenkamp owns and operates the Trenkamp Collection Agency. Listed below are the name, number of allowances claimed, marital status, information from time cards on hours worked each day, and the hourly rate of each employee. All hours worked in excess of 40 hours for Monday through Friday are paid at 1½ times the regular rate. All weekend hours are paid at double the regular rate. Trenkamp uses a weekly federal income tax withholding table (see Figure 8-4 on pages 288 and 289). Social Security tax is withheld at the rate of 6.2% for the first $110,100 earned. Medicare tax is withheld at 1.45% and state income tax at 3.5%. Each employee has $5 withheld for health insurance, All employees use payroll deduc- tion to the credit union for varying amounts as listed. GENERAL LEDGER Trenkamp Collection Agency Payroll Information for the Week Ended November 18, 20-- Credit Total Hourly Rate Earnings 1/1-11/11 Union Employee No. No of Allow. Regular…Techno Corporation is currently manufacturing an item atvariable costs of $5 per unit. Annual fixed costs of manufac-turing this item are $140,000. The current selling price ofthe item is $10 per unit, and the annual sales volume is30,000 units.a. Techno can substantially improve the item’s quality byinstalling new equipment at additional annual fixed costsof $60,000. Variable costs per unit would increase by $1,but, as more of the better-quality product could be sold,the annual volume would increase to 50,000 units. ShouldTechno buy the new equipment and maintain the currentprice of the item? Why or why not?b. Alternatively, Techno could increase the selling price to$11 per unit. However, the annual sales volume wouldbe limited to 45,000 units. Should Techno buy the newequipment and raise the price of the item? Why orwhy not?Examine the scenario: Consider that the current price of a juice per can is $8, buyers want to buy 300 cans of juices, sellers are willing to sell 600 cans of juices at that current price. Assessment questions: 4a. Identify the problem created with this market of juices based on the scenario above. (1) 4b. As a student in economics, suggest a solution of the problem you identified. Relate your answerwith a valid real life example toned in the business context.
- Scenario Wanda becomes frustrated with the amount of time she is spending running Salty Pawz and decides that she would be better off getting a “real job” as a dog groomer at ShamPooch. She will no longer be answering emails at midnight and running back and forth to Pack & Ship; however, closing Salty Pawz will have an impact beyond Wanda’s daily life. 1. How much responsibility does an entrepreneur like Wanda really have to the stakeholders of the business Salty Pawz ?Sub = mangement What are the potential risks and challenges associated with long-term planning, and how can managers mitigate those risks while maintaining a focus on future sustainability and growth?Company: ABC Civil Engineering - an engineering firmSituation: ABC company has recently made significant cuts in staff and the workload on existingemployees has increased. A major RFP is dueCharacters: Ted Waltz – Managing Director of ABC EngineeringElaine Tillman – Civil Engineer____________________________Elaine Tillman looked at her watch – it was 7:30 pm. Just then she knew she would not make it to her son’s final high school basketball game. It took her a moment to collect herself and wipe the tear that had started down her face and onto the ragged-edged 100 plus page RFP she was working on. The RFP,the largest opportunity that ABC Civil Engineering had a chance to bid on in 6 months, was far fromready for the 9:00 AM deadline the following day.Normally in this situation, Elaine would have collaborated with a proposal team putting together such a big proposal but, since the economic down turn hit, ABC has had to make significant cuts in its staff. It started with administrative…
- Company: ABC Civil Engineering - an engineering firmSituation: ABC company has recently made significant cuts in staff and the workload on existingemployees has increased. A major RFP is dueCharacters: Ted Waltz – Managing Director of ABC EngineeringElaine Tillman – Civil Engineer____________________________Elaine Tillman looked at her watch – it was 7:30 pm. Just then she knew she would not make it to her son’s final high school basketball game. It took her a moment to collect herself and wipe the tear that had started down her face and onto the ragged-edged 100 plus page RFP she was working on. The RFP,the largest opportunity that ABC Civil Engineering had a chance to bid on in 6 months, was far fromready for the 9:00 AM deadline the following day.Normally in this situation, Elaine would have collaborated with a proposal team putting together such a big proposal but, since the economic down turn hit, ABC has had to make significant cuts in its staff. It started with administrative…2a. An analysis of Revere Beach Corporation's operating income changes between 2021 and 2022 show the following: Operating income for 2021 $4,750,000 Add growth component 180,000 Deduct price-recovery component (60,000) Add productivity component 285,000 Operating income for 2022 $5,155,000 Required: Is Revere's operating income gain consistent with the product differentiation or cost leadership strategy? Explain briefly. 2b. An analysis of Terbolt Corporation's operating income changes between 2021 and 2022 show the following: Operating income for 2021 $4,750,000 Add growth component 75,000 Add price-recovery component 398,000 Deduct productivity component (50,000) Operating income for 2022…2.DesignAs a Consultant under a Training Provider Company, Micah received a call confirming a seminar-workshopfor artists worldwide. Being one of the most prestigious clients they have for this year, Micah wanted theevent to be a blast. The following were the requirements: Both physical and online training should beprovided at the same time; all participants will be given art materials to use during the seminar/workshop;and the entrance fee is about P500. All other things were freely planned by her. As she designs the trainingprogram, what other things should she consider? 3.DevelopmentUpon developing the training program that was created by a resigned employee, Andy, the new TrainingStaff, was tasked to continue the former employee’s work. Upon reviewing the next training that will beconducted two (2) months from now, he found out that the former employee suggested three (3) methodsof training but forgot to mention which method she used. The training to be held is about wellness,…
- factor rating Scores Scores Scores factors: weights: for for for option#1 option# 2 option#3 looks .23 90 95 89 integrity .5 87 85 90 leadership .27 93 89 90 as per policy, in no case shall the minimum composite score be lower than 89.0 option# will never be the choiceRitz Products’s materials manager, Tej Dhakar,must determine whether to make or buy a new semiconduc-tor for the wrist TV that the firm is about to produce. Onemillion units are expected to be produced over the life cycle.If the product is made, start-up and production costs of themake decision total $1 million, with a probability of .4 thatthe product will be satisfactory and a .6 probability that itwill not. If the product is not satisfactory, the firm will haveto reevaluate the decision. If the decision is reevaluated, thechoice will be whether to spend another $1 million to redesignthe semiconductor or to purchase. Likelihood of success thesecond time that the make decision is made is .9. If the secondmake decision also fails, the firm must purchase. Regardlessof when the purchase takes place, Dhakar’s best judgment ofcost is that Ritz will pay $.50 for each purchased semiconduc-tor plus $1 million in vendor development cost.a) Assuming that Ritz must have the semiconductor…Can you help me to write TOWS Matrix table based on this SWOT analysis? I will also provide a sample in image how to do it. So, you can check it out. Strength Weakness Ø Strong brand recognition by consistently providing fresh products and delivering service excellence Ø Ensure high-quality suppliers by assessing their reputation and shared values Ø Wide range of house brands with over 1,500 products under 23 brands allows stricter control over their product quality Ø Ability to offer competitive pricing due to its focus on cost control and efficient operations Ø Strong financial performance with consistent revenue growth and profitability Ø High operating cost alongside high rental and labor cost Ø Customer dissatisfaction reviews Ø Lack of store presence in heartland areas means customers who live in the heartland area do not have access to Sheng Siong outlets Ø Limited range of products and services compared to the other supermarkets Ø Dependence on imported…