Based of the information provided attached Riggs-1 Case study PDF, you are required to submit answer to the following questions:
NOTE:- THIS IS NOT A EASY CASE STUDY.IT"S COMPLEX CASE STUDY. YOU HAVE COME UP WITH ALL NEGOTIATION TECHNIQUES. Completely Deal Analysis Of Riggs-Vericom should contain values of - MSP, LSP, BATNA, ZOPA, etc.
1. What are your interest areas?*
2. What do you think are the Riggs's interest areas?*
3. Do you have position of strength? If so how. If not, how can you get it?*
4. What is your strategy for the discussion?*
(*)Answers are required to starred questions.
After answer the above strategy questions, Suppose I'm Riggs and You are Vericomps. You are then required to negotiate with your partner and then submit the document providing the brief answers to below questions.
5. What was your final outcome? 6. Do you consider your outcome to be win-win? Why? 7. Briefly describe the strategies you both used? Summarize your discussion in less than 100 words
For attempting the case study, please refer to below recording session on concept clear
Recording Session including PDF material (Negotiate2Win-Nov15.PDF):- 1) https://sunstonebusiness.webex.com/sunstonebusiness/ldr.php?RCID=08309361e5cedb37cadecd5c64489c53
Resource: The 11 Myths of Media Violence Text (Potter, 2003)
Context: Violent messages and images pervade our daily media experiences; yet, there continues to be disagreement about the influence of those messages on individual outcomes and societal norms. James Potter’s The 11 Myths of Media Violence will serve as the foundation for our exploration of this issue; he suggests that there are numerous stakeholders (i.e., media producers, the public, researchers, and policymakers) who contribute to the conflictual discourse surrounding effects of media violence. Our goal is to develop a more complete and flexible understanding of this complex issue.
Writing Task:
The term “myth” can be defined as a widely held (but false) belief or idea. Your task is to analyze your assigned myth by: (1) summarizing the key points of your myth, (2) explaining whether the information presented in your chapter dispels (resolves) the myth, and (3) voicing your opinion about whether media violence influences real-life behavior, affect, and cognition.
Mary works at Acme, Inc. The company is heavily regulated by the Environmental Protection Agency (EPA) and it has an audit scheduled for next week. Mary’s boss approached her and requested that she not tell anyone about the recent toxic waste spill that happened on the company’s property. She later witnessed her boss destroying key documents that were recently requested by the EPA. Mary approaches her boss to tell him she is uncomfortable with the situation. Her boss tells her that he will fire her if she brings it up again. In 1500 words, discuss how the concepts of employment at will, whistle blowing and ethical frameworks apply in this scenario. Use at least four credible sources, one of which is the assigned textbook in this class.
AJack Partnership manufactures jackhammers. AJack Partnership is looking for guidance in the variances of its standard cost system. It would like you to assist in understanding material price, material quantity, rate, efficiency, and overhead variances.
The standard cost card information for unit of product is below.
Standard cost card per unit of product
Direct materials: 4 pounds at $9.00 per pound of steel =$36.00
Direct labor: 2.0 direct labor hours at $20.00 per hour =40.00
Variable overhead: 100% of a direct labor hour at $10.00 per hour =20.00
Fixed overhead: 100% of a direct labor hour at $20.00 per hour =40.00
Standard cost per unit =$136.00
The following information is available in the year just finished:
AJack Partnership manufactured 10,000 jackhammers during the year.
The total purchases of steel in the year at a cost of $8.75 per pound were 45,000 pounds.
All of the material was used to manufacture the 10,000 jackhammers.
There was no beginning or ending inventory.
The material was purchased on January 15, 20XX
AJack Partnership incurred 21,000 direct labor hours at $19.50 per hour.
During the year, one production order was issued on February 15 20XX, number 789, for 10,000 jackhammers.
Actual variable overhead was $210,000.
Actual fixed overhead was $405,000.
Assignment Guidelines:
Material
1.Compute the material price variance for Jan 15, 20XX. 2.Provide the accounting entry for the price variance.
Labor
3.Compute the labor rate variance. 4.Compute the labor efficiency variance. 5.Provide the accounting entry for the labor rate and efficiency variances.
Overhead
6.Compute the variable overhead rate variance. 7.Compute the variable overhead efficiency variance. 8.Provide the accounting entry for the overhead rate and efficiency variances.
Another client, Ms. Dunham, has asked you to help her understand how her tax is computed. You need to provide Ms. Dunham with the following:
An example of how to calculate the tax liability using the tax rate table and the tax rate formula for a taxpayer with taxable income of $55,000, filing status married filing jointly.
An explanation of the marginal tax rate and average tax rates for this tax payer. Be clear in our elaboration s that Ms. Dunham, a person with no business or tax background, can understand.
James Welling, a 37-year-old engineer has an appointment to meet you in about an hour. As you are reviewing his accounts, you notice that he is a fairly active trader. He seems to do pretty well with returns that outpace the averages, but you can't help wonder how much he ends up paying each year in capital gains taxes.
As his appointment time approaches, you prepare a short explanation of the way that capital gains taxes may be hurting his net returns and the difference between short-term gains and long-term gains.
Prepare some detailed discussion points that cover the following:
1.How capital gains taxes may be hurting James' net returns.
2.The difference between short-term gains and long-term gains.
Mr. and Mrs. Ybarra, a retired couple in their late 70s, come in to meet with you. They are very friendly and living a comfortable retirement due, in large part, to the overall size of their estate (nearly $4 million dollars spread over multiple accounts) and their conservative asset allocation.
As you bring up the issue of estate planning, they thank you for your concern, but explain that it is already taken care of. They go on to explain that their attorney has prepared wills for both of them and all of their accounts are titled Jointly with Rights of Survivorship.
There are surprised, and a little confused, when you mention that their heirs might end up receiving only a fraction of those assets after the two of them pass away.
Include the following in your explanation to Mr. and Mrs. Ybarra:
1.The transfer-tax system 2.What is considered part of the estate 3.How much is excluded from taxation based on current legislation 4.Gross estate versus adjusted gross estate
The culprits seem to be deregulation, irresponsibility and greed, from the homeowners who used refinancing to live beyond their means to corporate executives who oversaw the financing of risky mortgages in pursuit of returns. Homeowners who overextended themselves may face financial ruin. On the other hand, the corporate executives who led their firms to financial disaster lose their jobs, but they walk away with severance packages of $10 million, $20 million and up. Kerry Killinger, in charge of our own Washington Mutual, walked away with $23 million while hundreds (if not thousands) of employees faced unemployment with the sale of WaMu to JPMorgan. More recently in the news was the demise of the Hostess bakeries - no more Twinkies! :>o But Hostess executives made millions while workers were asked to take pay cuts.
Following are a couple of articles on CEO compensation: James Sinegal, progressive CEO of Costco Excessive CEO Pay
Our discussion topic for this week is: What's you view on the multi-million dollar severance packages extended to top-level CEO's who lead their firms to disaster? Should executives walk away empty-handed if their firms fail? Should they be penalized? Or is a hefty severance package a requirement for attracting top-level talent?
Questions and Topics We Can Help You To Answer: Select one of their four major ERP products (AX, GP, NAV, SL, or CRM), and write a detailed report about the MS Dynamics ERP you have selected and its associated models.
Explain the functions associated and how the different models integrate with each other to create this ERP. Examine customer reviews, and find an organization that is currently using that particular product and why it has chosen this product. It would be an added value if you could reflect on what features have been the most beneficial for the organization, and what technical and operational advantages this particular product is giving them over similar products. You should also try to find out how they transitioned to the new system and what kind of steps were taken before and after the “go live” process, as it pertains to this module.
Your report should be no-less than three (3) page using current APA formatting. At the end of the report, create a separate section and write your own reflection of the MS Dynamics product you had selected. Your report should include proper references.
We are now living in a world where all major economic functions-consumptions, productions and investment-are highly globalized. For example, U.S. consumers routinely purchase oil imported from Saudi Arabia and Nigeria, garments from China, TV sets from Korea, shoes from Indonesia, and wines from France. Foreigners, in turn, purchase American-made aircraft, software, wheat and etc. Like consumption, production of goods and services have become highly globalized as a result of multinational corporations (MNCs)’ effort to source inputs and locate production anywhere in the world where costs are lower and profits are higher. Recently, financial markets have also become highly integrated. This development allows MNCs gain access to foreign capitals, as illustrated by Toyota’s venture in China was partly financed by American investors who purchase Toyota shares traded on the New York Stock Exchange (Eun and Resnick International Financial Management 6e).
Because of globalization, it is essential for future business leaders to keep engaged in current events to develop critical thinking skills. This writing assignment will help increase your grasp of course concepts as well as ability to work with and apply concepts to real-world events.
In your term report, discuss how globalization has changed MNCs’ financial management.
• To meet university’s writing requirement, the main body of your report should contain at least 2,500 words. • A report containing fewer than 2,500 words will get a grade of zero. • You should provide thorough discussion of the assigned topic. • You should refer to at least three WSJ articles published since Sept 01, 2015 as examples to support your discussion. • Your term report should contain a cover page that lists the number of words in the main body of the report. • Your term report should contain a citation page that outlines the sources of information you use as reference. • Your term report will be graded by its quality, indicated by its correctness, thoroughness, professionalism and originality. Please refer to the “writing evaluation rubric” posted to CC for more details.
WSJ user name： This email address is being protected from spambots. You need JavaScript enabled to view it. Password: cEphacH9 (You will find online WSJ articles)
--------------------------------------------------------------------------------------------------------------- CoBA Writing Evaluation Rubric Content 1. Topic is well developed 2. Main arguments are easy to recognize 3. Ideas are fully developed 4. Content remains focused 5. Content flows logically 6. Discussion is relevant---supports the conclusion/implication/suggestion made Professionalism Style: 1. Writing remains focused on the topic 2. Organization is logical and easy to follow 3. Writing uses precise words and economical sentences 4. Sentence structure varies 5. Writing is appropriate for intended audience Mechanics and Writing Rules 1. Spelling & Grammar 2. Punctuation 3. Capitalization 4. Appropriate use of numerals and numbers that are spelled 5. Appropriate and consistent use of acronyms and abbreviations 6. Appropriate voice/point of view 7. Writing from 3rd person point of view 8. Proper citation Layout and Design 1. Section headings and subheadings are appropriately used 2. Appropriate page format including margins, line spacing, and page numbers 3. Appropriate font selection and format 4. Layout and design are consistent 5. Bullet points and numbered lists are appropriately and consistently used 6. Illustrations are appropriately formatted and include numbers and titles Originality
Write a case study of the uploaded article: The assignment is In 2 sections. The first section: Section One: (1000 words) Write a case study using the 5 format of introduction, analysis, solution, justification and summary.
Instructions on how to do the case Analysis The case study must be outline in the following order:
A) Introduction (100words, single paragraph ) B) Analysis (300words) C) solution (300 words) D) justification ( 200 words) E) summary ( 100words)
Introduction: In this section, this is the problem statement. you should give a brief summary of the critical issues to be addressed One paragraph of about 100 words
Analysis: review croc all element of the case. This section should Provide clear sets of facts which offers an in depth review of these essential issues to solve the problem statements. This section should be about 300 words.
Solution: section of the case study presents the recommended way to solve the problem statement and addresses the main points outlined in the analysis. The solution section is a description of the recommended problem application including details as to application and references specific to solving the problem definition. The solution section must also cite specific text materials in support of the recommended course(s) of action. No more that 300 words should be used for the solution statements.
Justification: Justification provides the overall reasons why the selected solution recommended course(s) of action are correct and fit the case problem.
The justification section of the case sells the solution and offers reasons to implement the course of action and substantiates the methods of solving the problem statement. 200 words should be used for the justification section.
Summary Summary is a 100 word final set of key points on the problem analysis, solution and justification of the problem scope. Questions for Discussion
Section 2 (650 words) Answer briefly the case questions that follows the article. 1) discussion 2) discussion 3)problem solving 4)further research
Below is the Article:
CASE STUDY ARTICLE CASE 2. Outsourcing at Any Cost? Do Corporations Ever Have a Moral Obligation Not to Outsource?
Julian Friedland, “Outsourcing at Any Cost?” Reprinted by permission of the author.
In 1997, when Galaxywire.net, a successful Internet service provider, was looking for a new central office location, it found a very receptive community in Green Fork, Ill. With the unemployment rate hovering at 16 percent, the city was ready to offer the company a great deal in return for moving there. Galaxywire planned to hire 3,000 in its first year, primarily in customer service, software engineering, and Web design.
City development officials offered a $300,000 low-interest loan for employee training, a 50 percent tax abatement for the first 10 years, and even landed a federal grant to construct a new $2.3 million secondary building for day care and executive suites. With Green Fork only about an hour’s drive from Chicago, it seemed this small city of 30,000 with plenty of willing and able workers was the perfect spot for Galaxywire’s home office.
The company accepted the offer and at the official announcement ceremony, CEO Dale Horner predicted a bright future. For 35 years, Green Fork’s largest employer was Freedman Steel, but the company left town after a lengthy and bitter labor dispute. Since then, locals had grown distrustful of large corporations. Acknowledging this, Horner made a substantial commitment to the residents: “We plan to stay and be an integral part of the community,” he promised. “Our employees are really a family. Across the board, everyone is considered as important as the highest executive. Lots of companies say that, but as I hope you’ll come to see, we’re rather different from most companies.”
Seven years later, Galaxywire was thriving. Not only was the home office extremely productive, the company had expanded considerably, opening dozens of offices across the country. Nevertheless, top management was considering closing the Green Fork office and moving its customer service, software engineering, and Web design units to India. The company stood to save at least $10 million a year by doing so. Customer service employees earning $10–15 an hour in the U.S. earn only $2–4 in India. Similarly, Web designers and software engineers earning$60–70 an hour here earn only $6–8 an hour there.
Furthermore, new research by the Software Engineering Institute (SEI) at Carnegie Mellon University had shown that 85 Indian software companies had received a level 5 Compatibility Maturation Model Rating (CMM) which is the highest rating of engineering excellence. By comparison, only 42 other organizations worldwide had achieved that rating. So management realized that India offered a highly skilled, English-speaking workforce particularly competitive in information technology at a bargain-basement price. And to top it off, the company could deduct the cost of moving from its taxable income as a business expense. As a result, most of Galaxywire’s competitors were already outsourcing to Southeast Asia. This trend was making it more difficult for American customer service agents and IT professionals to find work. Many were seeking new careers in non-outsourceable service sectors such as restaurants, retail sales, tourism, construction, and teaching.
Galaxywire decided to let its employees know immediately of its intention to close the home office before the media could get hold of the story, givingthe workers 10 months’ notice—8 months more thanfederal law requires for mass layoffs. It also provided severance packages of a month’s full pay and extended health insurance coverage for five months. However, none of the top executives based in Green Fork would be laid off. They would move to smaller offices in California and were likely to receive particularly high year-end bonuses as a result of the savings outsourcing would bring.
Upon hearing the news of the closure, the workers and the city tried to find a solution that would have allowed the company to stay and still recoup most of the money it hoped to save by moving. With the unemployment rate still at 10 percent, the town simply could not afford to lose its largest employer. Negotiators proposed a deal that would save the company $7 million in the first year, $8 million the second, and $9 million yearly thereafter. The city extended the tax abatement for another decade, increasing the yearly reduction to 60 percent.
The employees agreed to a 15 percent pay-cut and a considerable reduction in benefits. But still, the company would not stay. So the workers went back to the drawing board, cutting another 5 percent of their wages, slashing a third of their vacation days and doubling their health insurance premiums. The city increased the tax reduction by another 5 percent. The resulting deal saved the company $10 million in the first year, $11 million the next, and $12 million yearly thereafter. This time, the company took several days to review the offer seriously.
The top executives met the next day to discuss this new offer. They realized that this deal did have a number of advantages:
Deciding not to move would increase employee loyalty and make good on the promise they initially made to stay. There was already a highly skilled and dedicated workforce in Green Fork. The workforce in India had not been fully tested. And several companies had already brought their customer service centers back from India, where the agents did not always master American colloquialisms, frustrating many customers, especially those hostile to outsourcing. If they accepted this offer, they might be able to influence other cities where their offices were located to give them similar deals and thus avoid the risk and hassle of moving altogether. If they decided not to move, they might be able to save a good deal on marketing since staying could provide a lucrative advertising angle such as: “Galaxywire.net is working to keep jobs in America.” They could still move their executive suites to sunny California. But there were also some potential negatives to accepting the offer:
There might be growing resentment in the community about Galaxywire forcing its employees and the city to bend over backwards, creating a dangerous precedent that could further strip the community of tax support from other businesses and lower the salaries and benefits of employees elsewhere. It seemed unlikely that the employees and city would be prepared to continue making such extensive sacrifices indefinitely. Eventually, the workers might unionize and make things more difficult. These negatives made one executive suggest rejecting the offer, but make amends for breaking the promise to stay in the community by covering tuition for employee retraining. Another suggested exploring the possibility of staying in Green Fork, but in order to stem the tide of negative press and morale, to accept the original offer, which seemed to preserve most of the advantages of the second offer but without the disadvantages. The first offer would save them close to as much as the second but also allow them to retain a truly appreciative and non-resentful staff, and even provide the company with a potentially potent advertising campaign that could keep Galaxywire in a leadership position in a competitive market which had suffered negative press over outsourcing.
But by then it was time to go home and think about all the options. What should the board decide?
Discussion Questions 1 Does Galaxywire.net have a moral duty to keep its promise to stay in Green Fork so long as it can do so profitably? Why, or why not? If so, is accepting even the first offer from the city and workers too much to ask? 2 Could entire white-collar professions be lost to lesser-developed countries if the outsourcing trend continues? Would this be fair to Americans? 3 Should the community have focused its attention instead on the state and federal government, asking it to discourage or even ban outsourcing? 4 Should the employees simply take this loss asa valuable opportunity to seek new careersinstead of assuming that they would be ableto keep one career all of their lives despite a rapidly changing global economy?
Using the Excelsior College Library , locate a current article that discusses marketing challenges, issues, or strategies related to a consumer product or service. The article should highlight how marketing is being used to respond to consumer behavior. Use an appropriate source (ex. Fortune, Business Week, The Wall Street Journal) to identify a current article (published within the last 5 years) that considers how consumers gather data and formulate decisions that ultimately guide their behavior.
Write a brief overview of this article, then respond to the following items:
identify key marketing challenge(s) and relate them to specific consumer behavior issues discussed in this module; describe consumer behaviors in this particular situation, and discuss other, related consumer behaviors that may also be present in real-world situations; propose marketing recommendation(s) and strategies; and list some pros and cons of your proposed strategies.
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