Analytic Report about Disaster Recovery Plans in corporations Essay

Analytic Report about Disaster Recovery Plans in corporations - Essay Example This essay aims at detailing the steps that have been taken and those that should be taken to safeguard against such eventualities. Disasters can be manmade or naturally occurring like earthquakes and those arising from technological issues (Sundar et al. 119). According to Sundar, the objectives of sustainable development are to improve the natural strengths of all agencies, including the society, in addressing disastrous situations. The attainment of this objective requires sustained initiatives, which entails economic, social, and infrastructure issues (Sundar et al. 119). Disasters involving technology are the ones that have the most direct effect on humans at a personal level. Disasters involving nuclear technology have long-lasting negative repercussions on the health of people ranging from cancer and maiming disabilities produced by mutations caused by radiation. For example, the Chernobyl nuclear reactor disaster killed dozens of people, and its effects are still present today. Disaster management is defined as an applied science, which seeks to advance regulations regarding relating to mitigation, emergency, prevention, preparedness, recovery, and response through systematic observation and analysis of disasters (Sundar et al. 84). The corporate sector is a substantial body that includes those that produce goods and services for the sole purpose of making a profit. Disasters jeopardize this main objective, and it is paramount that corporations put up mechanisms to mitigate the impact caused by disasters. Corporations team up with insurance companies to shield their entities from losses occasioned by the occurrence of natural disasters. There is an increasing paradigm shift by corporations moving from enactment of disaster response policies to executing pro-active policies aimed at preventing disasters. They insure

COURSE REPORT Essay Example | Topics and Well Written Essays - 250 words

COURSE REPORT - Essay Example In the writing of any work, acknowledgement of the source of material is necessary (Ng 93). Through the course teaching, I have come to have an in-depth understanding of how to cite in Modern Language Association (MLA) citation style. As a result, I was able to reflect on the mistakes I have made in previous assignment and how I could have avoided them. Since personal interview is a source of information, which could be used in writing an essay, its coverage in the course, provided me with more knowledge. There are numerous forms of writing, contract essay being included. The course gave an in depth analysis of writing intermediate level compressing contract essays. This was essential in the formation of my strong base, which will be very helpful in handling other levels of essays. In addition, the course gave an intensive coverage of grammar. This enhanced my sentence structure and word choice, which has continuously been reflected in my writings. In writing of any piece of work, not all views on a subject/idea are the same. As a result, it is usually necessary to take into consideration the opposing views, which usually give a new dimension of looking into issues. Through the course training, I got an understanding on how I would effectively write an opposing view. The contribution of the course to my personal and professional development cannot be neglected. It improved my grammar and citation proficiency as well as providing me with more knowledge on writing essays. As a result, I would to appreciate all persons who contributed to its successful delivery either directly or

Management Business Plan of Bar Restaurant Assignment

Management Business Plan of Bar Restaurant - Assignment Example The sales forecast is for about $200,000 for year two, which is estimated for year three to $290,000. Net profit is expected tobe negativein the first year and then become %in years two andthree. 1.1 Keys to Success Boschetto has identified several business factors that must be implemented in order to succeed in this competitive market. 1. Design effective Logistics procedures. This is especially important for a bar restaurant where, without logistics there will be problems in demand and supply and in addition, employ theft could cause the business a lot of damage. 2. Offer exceptional customer service. 3. Improve continuously the business model. 1.2 Mission It is Boschetto's mission to become a premier meeting spot for London professionals who are interested in high quality light cuisine and wine. Boschetto will accomplish this by offering abundant Italian finger food and wine, at reasonable prices. By providing the London market with the opportunity to gather and have an exciting meeting point will become a London favorite. The business strong belief is that a successful business is based on satisfied customers. 1.3 Objectives To become one of the premier meeting points in London that offers Italian finger food and wine. To grow thetrend of drinking wine and enjoy light food with it in contrast to beer and sandwiches. Become profitable by year two. Market Analysis Summary Boschetto's target customers are working people age 30-45 yrs old. Upper middle and middle class and Dinkies of the same characteristics. Both groups are interested in light Italian food Both groups are interested in having a regular meeting point which will look rather exclusive and posh but they have some differences therefore they need to be reached differently. 2.1 Target Market... This essay describes a Boschetto, that is a new bar restaurant, that is located in London. Boschetto is a combination of a bar and a restaurant serving Italian finger food. While there are many Italian restaurants in London, there are no Italian bar restaurants even though the demand is quite apparent. These restaurants are always filled with people. The researcher states that Boschetto is aimed to meet the unmet demand in London with a bar restaurant offering an extensive wine list and high quality Italian finger food fine. Boschetto will be lead by Chiara Mastroianni. Chiara received her undergraduate degree in Business Management from University of Wales. It is also Boschetto's mission to become a premier meeting spot for London professionals who are interested in high quality light Italian cuisine and wine. Boschetto will accomplish this by offering abundant Italian finger food and wine, at reasonable prices for middle and upper middle class. The researcher hopes that by providin g the London market with the opportunity to gather and have an exciting meeting point will become a London favorite. The business strong belief is that a successful business is based on satisfied customers. Boschetto is planned to open in the first quarter of 2009. It is concluded that prior to the opening, all appropriate market research, concerning the targeted market segments, will be conducted as well as all the necessary promotion such as advertisements that inform the public about Boschetto will be executed.

Child Development Council Inc. Essay Example for Free

Child Development Council Inc. Essay Work ethics, professionalism, and teamwork, I believe, are among the essential factors that contribute to the success and productivity of an organization. It is important that all three are present within the members of a group, because one without the others may not be sufficient in the fulfillment of the organization’s desired goal. In the following parts of this essay, you will know how three known companies in the country practice the above-mentioned organizational cultures. IDM Equipment Co. Striving to maintain a high-quality performance for its clients and customers, IDM Equipment Co. offers a warm and friendly environment for its employees. Although most of its employees are expected to provide physical work, they never forget professionalism and respect. Once clients called up for an inquiry or a service, they would immediately answer to their query. For comfort and ease, employees are allowed to come to work in smart casual or semi-formal attire. Using the English language, they often talk to one another in industrial and other technical terms. MCI Telecommunications Joining forces with Verizon, MCI Telecommunications is committed to high ethical standards. Its employees work under a Code of Conduct that promotes integrity and respect to their customers and business partners. Living by the rule that customers are always right, MCI employees respect not only their customers and clients, but their co-workers, as well. At MCI, employees are required to dress up in office attire and are expected to use conversational English, especially when speaking with customers. William Smith Sr. (WSS) Tri-County Child Development Council Inc. Known to provide high-quality child education and development program, WSS Tri-County Headstart is composed of competent, efficient, and professional teaching staff that offers warm, friendly, lively, and fun environment for the children. Employees at WSS are never late for work, never impatient with the children and the parents, and never to be found frowning! To teach children proper hygiene and great appearance early on, employees are required to dress up in semi-formal attire. Language used at the institution, on the other hand, is conversational English for children. SOURCES: http://www.mci.com/mcihome.jsp

Netflix Business Strategy Analysis

Netflix Business Strategy Analysis Introduction Netflix, a multi-billion dollar subscription service company, was founded in 1997 by Reed Hastings and Marc Randolph in California, USA. It is said that Reed Hastings was charged a $40 late fine after renting the film Apollo 13 from Blockbusters and that this inspired him to set up Netflix as a DVD-by-mail service. It quickly expanded by introducing steaming media online and is now accessible in over 190 countries worldwide. In 2013 Netflix diversified into the content production industry and this foresight gave them the edge which paved the way to becoming the leader in the Streaming market, more popular than Amazon Price and Hulu. Following on from the success of its first series it is now estimated to have released in excess of 126 original series or films, more than any other network or cable channel. Currently, Netflix are believed to have approx 117 million subscribers worldwide and the company was recently estimated to be worth in excess of $100 billion(2). Market Structure Generally you can divide industries into categories according to the degree of competition that exists between the firms within that particular industry; Perfect Competition, Monopoly, Monopolistic Competition and Oligopoly. Perfect competition is where there are many firms competing within the industry and each firm has a very small market share which in turn means none of them have the power to influence the price. Monopoly is where there is just one firm in a given industry so there is no competition which allows the firm to charge what they want. Monopolistic Competition falls in the middle, there is a significant amount of competition and there is the opportunity for new firms to enter and exit the industry quite freely. Finally, Oligopoly is where only a few firms in the industry exist and it can be very difficult for new businesses to break into. This fits the market structure of Netflix Inc. The reason it falls under this market structure is because there are very few companies that provide the same service e.g. Amazon and Hulu. Although the core principle of services provided by three companies may seem the same, they differ slightly in terms of the content they provide. Netflix has moved towards original content created and produced by Netflix themselves while Hulu is aimed more at current TV Shows and films from Hollywood. Another reason why Netflix can be classified as an Oligopoly is that there is a significant barrier to enter this market; capital investment. In order to provide relevant, popular content that will attract customers to subscribe, a huge level of investment in needed to acquire the licence to stream these TV shows and movies. For example in 2011 Netflix successfully secured exclusive streaming rights to The Walking Dead and it is said to have cost the company $1.35 million per episode making the deal worth $25 million at the time (based on the episodes available at the time) [1] Product Range Although Netflix’s product range itself may appear to be very small; TV Shows and Movies, they offer a huge variety of genres and use analytics to make the best recommendations for their users. They have created over 75,000 micro-genres in an attempt to understand how people look for movies. They took the genre description, broke them down to their key words, employed people to watch content and tag every aspect of it from director/actor/genre all the way to how it ends and the personality of the main character and categorized each quanta and documented it. This allows them to offer their customers an extremely personalized recommendation service to make their entertainment experience as seamless as possible. It also allows them to attract a hugely diverse customer base because they cover almost all genres. [2] Pricing Strategy [4] In an oligopolistic market the organizations have a shared control in the price of the product/service they offer. The largest firm in the industry has the power to set the pricing standard across the market. All other firms within the market will go along with this standard e.g. when Netflix increased their prices by $1 last October, Hulu followed suit by introducing a more expensive ‘ad-free’ subscription package which was more similar to Netflix’s offerings. They did however decrease their standard package price (with adverts) in an attempt to become a stronger competitor in the market. Because of the oligopolistic nature of Netflix Inc.’s, their price elasticity can be said to be relatively inelastic. This has been proven over the years from incremental price increases and the introduction of tiered pricing for additional features. It also allows users to add concurrent streaming on multiple devices.   Netflix Inc.’s current pricing strategy was first implemented in 2011 when they introduced a standalone streaming subscription (No physical DVDs included). They have three tiers of prices. It starts with their â‚ ¬7.99/month Basic Plan which allows you stream TV shows and movies on one device at a time in standard definition. It also allows you download titles to mobile devices. The next step up is the â‚ ¬10.99 Standard plan, allowing concurrent streaming on two devices in HD (also includes option to download). Finally the â‚ ¬13.99 Premium plan lets you stream on 4 devices at the same time in HD and UltaHD included in the download option. As you can see, each tier offers more features which gives the impression of value for money. On the Basic Plan you’re paying almost â‚ ¬8 for only 1 screen whereas you are offered Ultra HD and 3 additional screens for an additional â‚ ¬6 per month, this leads the customer to choose the higher priced package as it is better value.   Market With up to 118 million subscribers globally, Netflix has a huge volume of customer globally. Of these, over 54.75 million are United States customers but as this streaming giant drives forward and increases in size and popularity, their international subscription base is growing. This was evident in April 2017 when Netflix confirmed a licensing deal made in Mainland China for original Netflix content with iQiYi which is a Chinese video streaming platform owned by Baidu [13] Profitability According to CNBC, Netflix exceeded expectations by the addition of 8.33 million subscribers globally in the fourth quarter of 2017 which brings the grand total subscribers up to 118 million. The market capitalization of Netflix is now passed the $100 Billion for the first time Monday the 22nd of January after the release of their Q4 earnings. The EPS was announced as 41 cent which was in line with expectations done by a Thomson Reuter consensus estimate and the revenue reached an impressive $3.29 Billion. These figures have changed dramatically since the Q4 report in 2016; EPS was 15cent and revenue of $2.48 Billion. Although the revenue increase is welcomed, it will be reinjected into future investments on new content for 2018. Netflix says they expect this to cause a negative free cash flow of $3-4 Billion and will continue to â€Å"raise capital in high yield market†. [12] Core Philosophy [6] Netflix have reinvented the wheel when it comes to Rules of Corporate Culture. They value people over process and believe that their workforce is made up of great people working together as a dream team. This is all to create an environment which is flexible, fun, stimulating, and creative and allows employees to work to the best of their ability. They value integrity, excellence, respect, and collaboration and base their culture around 5 core principles: Encourage independent decision-making by employeesShare information openly, broadly and deliberatelyAre extraordinarily candid with each otherKeep only our highly effective peopleAvoid rules They also have a unique policy when it comes to parental leave and holidays. They recognize that having a child is one of the most special events in an individual’s life which is why they encourage new parents to take as much time as they need to readjust to their new life as parents. Their policy us: â€Å"Take care of your baby and yourself†. This shows that Netflix truly care about the wellbeing of their employees and want their vital team players to be at their best mentally and physically throughout the full course of their career at Netflix. The same rules apply for Holiday leave. They allow employees to take whatever holiday time they feel they need to work to the best of their ability throughout the year, be it one week or four week. The decision is in the hands of the individual employee. Along with this unique attitude towards creating their employee culture, Netflix recognize that they have the ability to impact the world through their work. â€Å"IT TAKES DIVERSITY OF THOUGHT, CULTURE, BACKGROUND, AND PERSPECTIVE TO CREATE A TRULY GLOBAL INTERNET TV NETWORK†. They pride themselves on their belief that we have to work from the inside out to create a space where all employees and voices are heard and appreciated. With almost a 50:50 gender balance and an ethnically diverse work force, Netflix are helping pave the way for equality for all in the workforce. [5] Advertising/Promotional Strategy of Netflix [14] Netflix use a very clever technique to determine what their customers want to see, they monitor illegal downloading sites such as BitTorrent and ÃŽ ¼Torrent for the most popular downloads and use this information to decide which content they should be bringing to their streaming platform. This content joined with ‘Netflix Originals’ are what attract customers to their site instead of the likes of Hulu and Amazon Prime. Amazon’s CEO Reed Hastings said in an interview that they strive to â€Å"make the big titles bigger†. TV shows such as Stranger Things or 13 Reasons Why are hot topics of conversation within many friend groups and discussion boards. This pulls in the people who haven’t joined yet because they want to join the discussion. Hasting says that â€Å"All their friends are talking about the shows, which is the dominant accelerator†. Together with this, according to theconversation.com, Netflix Inc. has adopted a ‘conglomerated niche’ strategy; they produce content catering to many different target audiences, for example, action series â€Å"Daredevil, horror series â€Å"Hemlock Grove† and exclusive films starring popular actors. By doing this, Netflix is able to service different audiences simultaneously and separately [14]. While these techniques are used to initially attracted subscribers to the platform, their unique recommendation algorithm is used to keep their subscribers happy and entertained. Their algorithm also knows what image they should use when making suggestions for example if you have previously watched more comedies than romantics, when suggesting a romantic comedy they will emphasis the comedy aspect through the actors or a snapshot of a funny scene instead of the romantic side of the firm. Their theory is that on a subconscious level you will be more attracted to the imag e and more likely to select the title. Share Price Movement Week 1(11th September): Netflix begins with a share price of $181.74 according to NASDAQ which is the starting point for this analysis period. It is a slight increase from a weekly high of $179 by the previous week end. This was following a pattern of stead increases over the previous two weeks, increasing by almost 14% by the 21st of September. Week 2(18th September): Following on from week 1, week 2 saw the same pattern of slight increases and decreases in the share price but ultimately increasing overall.   Week 3(25th September) [7]: On the 25th of September there was a sharp dip in price, loosing $9.50 worth of value over the course of the weekend. This was most likely caused by the announcement that 21st Century Fox was adding more content to their own streaming service. A similar reaction among investors happen earlier in the year when Disney announced it would be removing all their content from Netflix in the lead up to the launch of their own streaming serving which would cater to their own target audience. Week 4(2nd October): After seeing another slight decrease over the course of the week due to the Century Fox announcement, Netflix made a comeback by announcing that they would increase the subscription price for customers causing a significant hike in their share price. The statement made on 5th October resulted in a share price increase of 5% ($10) in a matter of hours, and by the end of the week (Oct 6th) it has risen to $198. This was an all-time high, according to Variety. This indicated that investors momentary wobble in confident has subsided and were fulling trusting that the hike in price would not impact the amount of subscribers but would instead increase revenue, benefiting them. Week 5(9th October): Following the previous week’s announcement, Netflix’s value remained relatively flat line with the exception of a few minor increases and decreases throughout the week. This absence of change was short lived as the momentum began to build again towards the end of the week. Week 6(16th October) [8]: This week sees a record high for the stock price. Reaching $202.68 on Monday the 16th. This comes alongside the news that Netflix are planning to spend up to $8 Billion on programming in 2018. According to CNN Tech, this came at a time when tech leaders such as Apple and Amazon were using their huge availability for resources to find original content to compete with the likes of Netflix Original successes such as Orange is the New Black or Stranger Things. Each of these has brought a huge volume of customers to the site due to its exclusivity and cult following of these shows. Week 7(23rd October): This record spike in the share value was short-lived. By the 23rd of October the share price had dropped below the $200 mark again after it transpired that Netflix were expecting to raise $1.6 Billion in debt to cover the cost of the original content they had planned for 2018. This was cause for concern among the shareholders but luckily it didn’t impact too heavily on the share value which only decreased by 5% or $10. Week 9(6th November) [9]: Although Netflix had gained 64% in value over the past year, the shocks lost more than 5% this week after sexual assault allegations were made against Netflix Original Series actor Kevin Spacey. The lead actor in Netflix own House of Cards came under fire which in turn prompted the firm to decide not to continue production of their hit show as the reputation and ethics of the company may come into question if actions weren’t taken. Week 10 – 16: There is very little significant increase or decrease to report over this period. Although there was slight movement up and down, for the most part the share price remained between $184.04 and $199.18. No major announcements or significant articles were published during this time frame that would have been disruptive to the share price which is why it remained so stable for such a time period. Week 17(2nd January): The firm begin to pick up some motion upwards again after a period of relative stability in price of their stock. This could be as a result of the buzz caused by an influx of articles listing the best of what’s to come in 2018. For example â€Å"the top 20 new and returning shows to Netflix† according to TV Time Week 18(8th January) [10]: Continuing along the pattern of steadily increasing in value day by day, by January 8th, shares have reached a new high of $212.52. This pattern in causing technical analysts to predict even further increases in the share value. According to CNBC TradingAnalysis.com’s Todd Gordon says â€Å"the streaming platform’s run is hardly done†. Gordon predicts, based on the Elliott Wave theory, that Netflix shares are set for another wave up causing their value to soar even higher. This prediction is ahead of January 22nd, the date on which Netflix are set to report their Q4 earnings which have a massive impact on the share value. Final Week: The final week in this analysis period is week prior to the release of the Q4 earnings. This week traders are expecting a â€Å"big move† according to CNBS. Up to this point in 2018 alone, shares have increased by up to 9.5% going from $201 on January 2nd all the way up to $220.46 on Friday January 19th. The release comes on Monday 22nd of January and, although is not included in the requested analysis period, it would be unjust not to report the impact it had on the value of the Netflix share price. Between market close on Monday and market close on Tuesday, shares leaped a massive 10% (rounded up) which amounts to an increased value of $22.71, but this impressive jump didn’t end here. Over the next seven days the share price increased to a staggering $284.59 by market close on Monday 29th. This amounts to a surge of almost $83 and is equal to a 41.5% leap in value. The Q4 report says that Netflix added 1.98 million U.S. and 6.36 million overseas subscriber s which was much higher predicted [11]. This along with fourth-quarter revenue of $3.29 Billion is the likely cause for the surge. Investor confidence has strengthened as a result of exceeding expectations and predictions. Conclusion It is evident that Netflix are a very successful streaming platform who have a great team of people behind them to drive the company forward to do bigger and better things. They have expanded and diversified enormously since being founded in 1997. Going from a DVD by mail and online streaming platform to having 118 million users worldwide and producing their own highly successful content. It is clear that this multi-billion dollar company is a game changer in the entertainment industry. Bibliography [1] Matthew Byrd, November 2017, 15 TV Shows That Cost Netflix A Ton of Money, screenrant.com https://screenrant.com/netflix-tv-shows-most-expensive-cost/ [2] Alexis C. Madrigal, January 2014, How Netflix Reverse Engineered Hollywood, theatlantic.com http://linkis.com/www.theatlantic.com/Sa5NA [3] Blog, fusebill.com https://blog.fusebill.com/pricing-strategy-tiered-volume-pricing [4] Netflix Streaming Plans, Help Center, Netflix.com https://help.netflix.com/en/node/24926 [5] Inclusion and Diversity, Netflix Jobs, Netflix.com https://jobs.netflix.com/diversity [6] Culture, Netflix Jobs, Netflix.com https://jobs.netflix.com/culture [7] Michael Sheetz, September 2017, Netflix heads for the worst day since November after Fox spooks investors, cnbc.com https://www.cnbc.com/2017/09/25/netflix-heads-for-worst-day-since-nov-2016-after-fox-spooks-investors.html [8] Seth Fiegerman, October 2017, Netflix to spend up to $8 Billion on programming next year, cnn.com http://money.cnn.com/2017/10/16/technology/business/netflix-earnings/index.html [9] Sara Salinas, November 2017, Netflix dropped 5% this week, after rallying all year, cnbc.com https://www.cnbc.com/2017/11/10/netflix-drops-five-percent-this-week.html [10] Annie Pei, January 2018, Netflix could surge another 20 percent, says technical analyst, cnbc.com https://www.cnbc.com/2018/01/05/netflix-could-surge-another-20-percent-says-technical-analyst.html [11] Todd Spangler, January 2018, Netflix Blasts Past Q4 Subscribers-Growth expectations, shares soar to all-time high, varierty.com http://variety.com/2018/digital/news/netflix-q4-2017-earnings-stock-1202672341/ [12] Anita Balakrishanna, January 2018, Netflix jumps more than 8% after adding more subscribers than expected, cnbc.com https://www.cnbc.com/2018/01/22/netflix-earnings-q4-2017.html [13] International Expansion, Netflix, Wikipedia.com https://en.wikipedia.org/wiki/Netflix#International_expansion [14] Amanda Lotz, April 2017, The unique strategy Netflix deployed to reach over 90 million worldwide subscribers, theconversation.com http://theconversation.com/the-unique-strategy-netflix-deployed-to-reach-90-million-worldwide-subscribers-74885 [15] Netflix, wikipedia https://en.wikipedia.org/wiki/Netflix [16] John Lynch, October 2017, Netflix stock hits all-time high after price hike for US subscribers, businessinsider.com http://uk.businessinsider.com/netflix-stock-hits-all-time-high-after-price-hike-2017-10?r=US&IR=T

John Collier and the Indian New Deal Essay -- American History

John Collier and the Indian New Deal At the beginning of the 20th century, Native American culture was on the edge of extinction. Indians were at the bottom of the economic ladder. They had the lowest life expectancy rate, the highest infant mortality rate, the highest suicide rate and the highest rate of alcoholism than any other group in America. The Meriam Report of 1928, an 872-page study, laid the blame at the foot of the Federal Government. When President Franklin Delano Roosevelt took office 1933, a series of major reforms were implemented that would later come to be known as the â€Å"Indian New Deal†. An important chapter in contemporary Native American history was about to begin. This essay will outline the major elements of the Indian New Deal and examine its achievements, failures and criticism. A critical analysis of the Indian New Deal would not be complete without a brief history of its progenitor, John Collier. His career started in 1907 as a social worker with the People’s Institute in New York City. During his time with the institute, Collier developed a social ideology based on the preservation of cultural traditions and communal life. In 1920, he found himself among the Pueblo tribe of New Mexico. Collier became enchanted with their sense of community, believing it to be an affirmation of his views on social policy. From this point on, he was at the forefront of the Indian reform movement. In 1923, Collier and other reformers founded the American Indian Defense Association, an organization committed to ending land allotment and preserving Native American culture. At the request of Secretary of Interior Harold L. Ickes, President Roosevelt selected Collier to oversee the Bureau of Indian Affairs (BIA). Immedia... ...7. William T. Hagan, American Indians (Chicago: University of Chicago Press, 1993) 176. Vine Deloria, Jr. ed., American Indian Policy in the Twentieth Century (Norman: University of Oklahoma Press 1985) 43. Vine Deloria, Jr. and Clifford M. Lytle, American Indians, American Justice (Austin: University of Texas Press, 1983) 99. Emma R. Gross, Contemporary Federal Policy Towards American Indians (New York: Greenwood Press 1989) 20. U.S. Congress, Committee on Indian Affairs, Hearings on H.R. 7781: Indian Conditions and Affairs, 74th Congress, 1st Session, 1935, p.744. Terry L. Anderson, Sovereign Nations or Reservations? An Economic History of American Indians (San Francisco: Pacific Research Institute for Public Policy 1995) 144. Vine Deloria, Jr. ed., American Indian Policy in the Twentieth Century (Norman: University of Oklahoma Press 1985) 93.

Calculate the revised product costs for the four pens Essay

1.Calculate the revised product costs for the four pens, based on the activity information collected by Assignment: This case may be completed in groups of two or individually. You are responsible for finding a partner if you choose to complete the case with another student. Purchase and read the Harvard Business School Case: Classic Pen Company: Developing an ABC Model located at the following link: https://cb.hbsp.harvard.edu/cbmp/access/27312446. (Note: The last case for the course, Foxy Originals is also contained in this course pack and should also be purchased for your final case). After reading the case, perform the following: 1.Calculate the revised product costs for the four pens, based on the activity information collected by Dempsey. Prepare this analysis using an excel spreadsheet (please print out the spreadsheet on one page – it should fit). 2.Prepare a new Income Statement, using excel or word, for Classic Pen (by product and in total) using the ABC cost information (please print this out on one page). 3.Compare the ABC Income Statement to the Traditional Income Statement presented in the case. 4.Based on this comparison, write a memo, to me, addressing the actions this new ABC cost information could stimulate Classic Pen to pursue. Be thorough while still maintaining strong business writing skills: conciseness; clarity; critical  thinking; readability; proper use of grammar, punctuation and spelling. The memo should be prepared in Microsoft Word or a comparable word processing application, use 1 inch margins, times new roman 12 point font, single spacing and not exceed 2 pages (this does not include your supporting spreadsheet data 1 and 2 above). 5.Turn in your memo and supporting data in class on Thursday, June 12, 2014. Please note: It is a violation of the academic code of ethics to refer to case notes or solutions obtained through the internet or from people who previously performed the work or studied the class materials, cases or projects. Use of any of these materials will be considered plagiarism. Not only will this not help you on the course exams and CPA exam; it will cheat you of the academic experience. It is the responsibility of every student to report anyone who violates this principle. I reserve the right to request submission in electronic format and have access to plagiarism detection software. You are free to discuss this case with other students; however you (and your partner if applicable) must produce your own set of work to be turned in as your deliverable. Use of someone else’s work in any form will be considered plagiarism and dealt with accordingly. I am available as a resource but I should be viewed as a â€Å"last resort†. I will answer specific questions but I will not frame the deliverable or pre-screen your work prior to submission of your final deliverable. The calculations in this case are quite straight-forward, the more challenging part of the case is framing your response to question 4 and it is good practice for you as current/future business professionals. There is not â€Å"one right answer†; your response should, however, be logical, critically thought out and well communicated. Good luck!! A Note on Business Writing: Effective business writing is critical to your future professional success. In addition, the AICPA evaluates candidates’ writing skills in the computerized Certified Public Accountant (CPA) Exam. Please use this case as a chance to practice your business writing. A great resource to use if you feel you need help in this area is the following: Effective Writing: A Handbook for Accountants; Claire B. May and Gordon S. May; Pearson Prentice Hall. The Uniform CPA Examination consists of multiple-choice questions and condensed case studies called simulations. Each case study simulation will include a writing skills exercise. In this portion of the exam, candidates must read a situation description and then write an appropriate document (â€Å"constructed response†) relating to the situation. The instructions will state what form the document should take (such as a memo or letter) and its focus. The candidate’s response should provide the correct information in writing that is clear, complete, and professional. Only those writing samples that are generally responsive to the topic will be graded. If your response is off-topic, or offers advice that is clearly illegal, you will not receive any credit for the response. Constructed responses will be scored holistically. Scores will be based on three general writing criteria: Organization, Development, and Expression. Organization: the document’s structure, order ing of ideas, and linking of one idea to another: †¢Overview/thesis statement †¢Unified paragraphs (topic and supporting sentences) †¢Transitions and connectives Development: the document’s supporting evidence/information to clarify thoughts: †¢Details †¢Definitions †¢Examples †¢Rephrasing Expression: the document’s use of conventional standards of business English: †¢Grammar (sentence construction, subject/verb agreement, pronouns, modifiers) †¢Punctuation (final, comma) †¢Word usage (incorrect, imprecise language) †¢Capitalization †¢Spelling