New crime

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New crime

  1. 1. Mark Abellon Rom Calivo Marian Madrilejo Redina Palad Archie Yao MMENTREP | Saguinsin | 3-2011 | 3.28.2011
  2. 2. Let me ask some QUESTIONS <ul><li>Have you ever been to an SM establishment? </li></ul><ul><li>… .and made a transaction that ended in .xx? (.25, .50, .75, etc) </li></ul><ul><li>… .and paid in cash? </li></ul><ul><li>… .and the cashier asked you if it was ok that they don’t give you the change because they don’t have it? </li></ul><ul><li>… .and you said OK?!? </li></ul>
  3. 3. OPERATION .5 <ul><li>Objective </li></ul><ul><ul><li>Make as much money as possible from all transactions ending in .50 or less. </li></ul></ul><ul><li>Premise </li></ul><ul><ul><li>Almost all customers wont argue if the cashier asks them if it’s OK that they don’t receive their change. </li></ul></ul><ul><li>Implementation </li></ul><ul><ul><li>Top management (head office) implements an internal “Cost Savings Initiative” to offset “rising fuels costs.” </li></ul></ul>
  4. 4. OPERATION .5 <ul><li>Implementation (cont.) </li></ul><ul><ul><li>SM Management to order cashiers not to give change to totals ending in .50 or less. </li></ul></ul><ul><ul><li>Top management will give SM establishment managers bonuses for proper implementation. </li></ul></ul><ul><li>Assumption </li></ul><ul><ul><li>Managers nor cashiers will question the integrity of the initiative because they want to avoid conflict. </li></ul></ul>
  5. 5. THE FACTS 2009 Figures <ul><li>SM RETAIL (non-food) </li></ul><ul><ul><li>SM Department Stores …………………….. (36) </li></ul></ul><ul><li>SM RETAIL (food) </li></ul><ul><ul><li>Supermarkets …………………………………… (26) </li></ul></ul><ul><ul><li>SaveMore …………………………………………. (26) </li></ul></ul><ul><ul><li>Hypermarkets ………………………………….. (19) </li></ul></ul><ul><ul><li>Makro Outlets ………………………………….. (12) </li></ul></ul><ul><li>TOTAL ………………………………………. (119) </li></ul>
  6. 6. Assumptions <ul><li>SM Retail Stores average 5,000 transactions per day. </li></ul><ul><li>About 50% of transactions end in .50 or less. </li></ul><ul><li>There are about 340 working days. </li></ul>
  7. 7. 5,000 transactions per day 50% occurrences per day X P.50 P1,250 per day P1,250 per day X 119 Stores P148,750 per day P148,750 per day X 340 working days P50,575,000 per year!
  8. 8. <ul><li>Crime Committed: </li></ul><ul><ul><li>Estafa with unfaithfulness or abuse of confidence (Par. 4 (1) (b) Article 315 of the Revised Penal Code) </li></ul></ul><ul><li>Persons Liable: </li></ul><ul><ul><li>Managers (Assuming that Cashiers are not involve) </li></ul></ul>The Law <ul><li>Injured Party: </li></ul><ul><ul><li>SM Management </li></ul></ul>
  9. 9. <ul><li>Elements of the crime: </li></ul><ul><li>Money, goods, or other personal property is received by the offender, in trust, or on commission, or for administration, or under any other obligation involving the duty to make delivery of, or to return, the same; </li></ul><ul><li>b. There is misappropriation or conversion of such money or property by the offender or denial on his part of such receipt. </li></ul><ul><li>c. Such misappropriation or conversion or denial is to the prejudice of another. </li></ul><ul><li>d. There is a demand made by the offended party to the offender. </li></ul>The Law

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