The case of Larry Hillblom, founder of the multi-million dollar DHL Company started in 1994 when he died after his small seaplane crashed near his home island of Saipan. His body never was recovered.
This paper is done by: Younes Aitouazdi, and 4 other froup members on QDM class on UHD
Fixed Income - Arbitrage in a financial crisis - Swap Spread in 2008Jean Lemercier
Group 15 submitted their coursework for the MSc in Finance module "Fixed Income". Their submission analyzed a proposed fixed income arbitrage trade by Albert Mills at Kentish Town Capital to take advantage of abnormally low swap spreads in November 2008 following the financial crisis. The trade involved going long 30-year interest rate swaps and shorting 30-year Treasuries to match duration. Key risks included counterparty risk, changes in Treasury yields requiring more collateral, and the ability to renew short-term repo agreements over 30 years. The group analyzed why swap spreads had fallen so low and could potentially become negative.
Nestle Refrigerated Foods: Contadina Pasta & Pizza (A) - Case AnalysisNikhil Saraf
Nestle Refrigerated Foods (NRFC) was considering extending its successful Contadina pasta brand into refrigerated pizza. It had two options for the pizza product: "Pizza with Toppings" or "Pizza Only". Research showed the "Pizza with Toppings" concept was more popular with consumers but pricing may be too high. NRFC followed guidelines to develop new products through idea generation, testing, and evaluation. While the large pizza market presented an opportunity, launching the product required addressing challenges of price positioning and competition from Kraft.
The document discusses sales forecasting techniques for Harmon Foods' breakfast cereal product Treat. It describes wide variability in past sales forecasts, ranging from 50-200% of actual sales. Various factors that influence demand are examined, including seasonality, promotions, and competitor strategies. The case study develops a regression model to forecast sales based on time trends, seasonality, consumer packs, and dealer allowances. Recommendations focus on timing promotions during high seasonal periods and emphasizing more effective dealer allowances over consumer packs.
1) Walter Hewlett, son of HP co-founder William Hewlett and member of HP's board, voted for the HP-Compaq merger but later announced he would oppose it as a shareholder, putting the merger at risk.
2) Carly Fiorina, HP's CEO, proposed merging with Compaq to create a stronger competitor, but the merger faced significant opposition from investors and employees of both companies.
3) When Walter Hewlett and David Packard Jr., son of co-founder David Packard, both announced opposition to the merger, it threatened to derail the deal and Fiorina's leadership of HP.
Corporate Governance at Martha Stewart Living OmnimediaRohan Bharaj
This presentation explains the Corporate Governance at Martha Stewart Living Omnimedia.
It also gives us a glimpse of the personality of Martha Stewart.
The document analyzes financial transactions and prepares financial statements for Dog Concierges, LLC over its first two years of operations. It includes a transaction analysis showing the impact of events on the balance sheet and income statement. It also includes a cash flow statement showing positive cash flow from operations and negative cash flow from investing and financing activities. Finally, it includes a balance sheet prepared using information from the cash flow statement. The analysis provides insight into the company's financial performance and position.
The document introduces decision tree analysis for addressing complex decisions involving uncertainty. It provides an example where a company is deciding whether to develop a temperature sensor or pressure sensor. A decision tree is constructed to represent the possible outcomes and their probabilities. Expected value is introduced as a decision-making criterion that considers both outcomes and their probabilities. An example uses expected value to analyze whether one should accept a bet involving the roll of a die.
This document discusses using decision trees to analyze whether a Marriott hotel should accept a reservation request from a tour company for 60 rooms, which could strain the hotel's capacity. It provides background on the case study of a 1,877 room downtown Marriott hotel. Historical booking and demand data is presented, showing pickup ratios between initial bookings and final occupancy. The goal is to determine if the hotel should accept the tour reservation or not, using a decision tree to evaluate the options and potential outcomes in a structured way.
Fixed Income - Arbitrage in a financial crisis - Swap Spread in 2008Jean Lemercier
Group 15 submitted their coursework for the MSc in Finance module "Fixed Income". Their submission analyzed a proposed fixed income arbitrage trade by Albert Mills at Kentish Town Capital to take advantage of abnormally low swap spreads in November 2008 following the financial crisis. The trade involved going long 30-year interest rate swaps and shorting 30-year Treasuries to match duration. Key risks included counterparty risk, changes in Treasury yields requiring more collateral, and the ability to renew short-term repo agreements over 30 years. The group analyzed why swap spreads had fallen so low and could potentially become negative.
Nestle Refrigerated Foods: Contadina Pasta & Pizza (A) - Case AnalysisNikhil Saraf
Nestle Refrigerated Foods (NRFC) was considering extending its successful Contadina pasta brand into refrigerated pizza. It had two options for the pizza product: "Pizza with Toppings" or "Pizza Only". Research showed the "Pizza with Toppings" concept was more popular with consumers but pricing may be too high. NRFC followed guidelines to develop new products through idea generation, testing, and evaluation. While the large pizza market presented an opportunity, launching the product required addressing challenges of price positioning and competition from Kraft.
The document discusses sales forecasting techniques for Harmon Foods' breakfast cereal product Treat. It describes wide variability in past sales forecasts, ranging from 50-200% of actual sales. Various factors that influence demand are examined, including seasonality, promotions, and competitor strategies. The case study develops a regression model to forecast sales based on time trends, seasonality, consumer packs, and dealer allowances. Recommendations focus on timing promotions during high seasonal periods and emphasizing more effective dealer allowances over consumer packs.
1) Walter Hewlett, son of HP co-founder William Hewlett and member of HP's board, voted for the HP-Compaq merger but later announced he would oppose it as a shareholder, putting the merger at risk.
2) Carly Fiorina, HP's CEO, proposed merging with Compaq to create a stronger competitor, but the merger faced significant opposition from investors and employees of both companies.
3) When Walter Hewlett and David Packard Jr., son of co-founder David Packard, both announced opposition to the merger, it threatened to derail the deal and Fiorina's leadership of HP.
Corporate Governance at Martha Stewart Living OmnimediaRohan Bharaj
This presentation explains the Corporate Governance at Martha Stewart Living Omnimedia.
It also gives us a glimpse of the personality of Martha Stewart.
The document analyzes financial transactions and prepares financial statements for Dog Concierges, LLC over its first two years of operations. It includes a transaction analysis showing the impact of events on the balance sheet and income statement. It also includes a cash flow statement showing positive cash flow from operations and negative cash flow from investing and financing activities. Finally, it includes a balance sheet prepared using information from the cash flow statement. The analysis provides insight into the company's financial performance and position.
The document introduces decision tree analysis for addressing complex decisions involving uncertainty. It provides an example where a company is deciding whether to develop a temperature sensor or pressure sensor. A decision tree is constructed to represent the possible outcomes and their probabilities. Expected value is introduced as a decision-making criterion that considers both outcomes and their probabilities. An example uses expected value to analyze whether one should accept a bet involving the roll of a die.
This document discusses using decision trees to analyze whether a Marriott hotel should accept a reservation request from a tour company for 60 rooms, which could strain the hotel's capacity. It provides background on the case study of a 1,877 room downtown Marriott hotel. Historical booking and demand data is presented, showing pickup ratios between initial bookings and final occupancy. The goal is to determine if the hotel should accept the tour reservation or not, using a decision tree to evaluate the options and potential outcomes in a structured way.
The document discusses the history and operations of the Harilela family business in Hong Kong. It began in 1922 when Naroomal Mirchandani left India for China and established a trading company. His sons later expanded into textiles and acquired contracts to make British uniforms after WWII. In 1960 they diversified into hotels, buying their first property. They continued expanding their hotel portfolio, realizing it was more profitable than textiles. The family business was structured as a group collectively owned by the six brothers, who each had equal voting power despite unequal ownership shares. Management was delegated to professionals while family members could join but had to prove themselves. The group focused on quality service and maintaining community and government relationships.
Zipcar pioneered the car sharing business model, which allows members to reserve vehicles by the hour or day from a network of reserved parking spots. The summary evaluates Zipcar's initial business plan for its launch in Boston, including a $25 application fee, $300 refundable security deposit, $300 annual fee, and per-hour and per-mile usage fees. It also outlines Zipcar's strategy to handle reservations through its website and phone support, develop wireless in-car technology, and market the service to college-educated individuals in urban areas seeking an alternative to expensive car ownership and parking.
This document provides contact information for a service that provides test banks and solutions manuals for academic textbooks. It lists the email address to contact for these materials and provides several websites and social media links related to the test bank and solutions manual service. The document encourages contacting the email for any needed materials and lists many textbook titles that test banks and solutions manuals may be available for.
J.P. Morgan Chase & Co. is an American multinational banking corporation founded in 2000 with $2.2 trillion in assets and 250,000 employees operating in 150 countries. The company aims to strengthen communities through expanding access to capital, leadership, and leveraging resources. Jamie Dimon serves as Chairman and CEO, overseeing diversity recruiting efforts led by Mark Settles. The company hosts "Lunch and Learns" with top executives and has various employee networking groups to attract, retain, and develop a diverse talent pool. J.P. Morgan Chase strives to link management rewards to diversity progress and build a diverse pipeline through universities and industry groups.
This document discusses Ben & Jerry's considerations for entering the Japanese ice cream market. It outlines CEO Perry Odak's concerns, Ben & Jerry's mission and culture, key resources in Vermont, strategic options in Japan, and what Ben & Jerry's would need to do to execute their chosen strategy well. The options under consideration are franchising with 7-Eleven's 7,000 stores, partnering with a Japanese-American entrepreneur, or opening scoop shops at Tokyo Disneyland. Analyzing resources and capabilities, partnering with 7-Eleven could leverage its large retail presence but may restrict branding. Direct entry through scoop shops allows more control but carries higher risks. A decision is needed to capitalize on excess US
Medtronic Inc. is one of the largest medical device manufacturers in North America, founded in 1949 and headquartered in Minneapolis. It has two major business units: Cardiovascular and Restorative Therapies. The document analyzes Medtronic using Porter's Five Forces, a SWOT analysis, and discusses risks, technology applications, a McKinsey analysis, financial analysis, and social responsibilities. It makes recommendations, including settling lawsuits, maintaining brand reputation, pursuing emerging markets, and continuing investment in technology development.
Test bank for auditing a risk based approach to conducting a quality audit 10...Messier333
Test Bank for Auditing A Risk Based-Approach to Conducting a Quality Audit 10th Edition by Johnstone
Download at: http://downloadlink.org/p/test-bank-for-auditing-a-risk-based-approach-to-conducting-a-quality-audit-10th-edition-by-johnstone/
People also search:
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auditing a risk based approach 10th edition test bank
Anheuser-Busch and Harbin Case Study - Part 1 Industry AnalysisRomain Corraze
The document provides an overview of the Chinese beer industry including:
1) It is the largest beer market in the world but consumption per capita is low and there is potential for growth.
2) Porter's Five Forces analysis shows the market has low barriers to entry and no dominant brewers despite regional powers.
3) Success requires understanding price-conscious customers, political risks, and targeting regions like east and south China with higher incomes.
The document provides an analysis of the Harrington Collection company, which offers high-end fashion brands for women. It details the company's internal analysis including its target market, product lines, pricing strategy, promotion, and channels. It also analyzes the company's performance, external environment, competitors, and market segments. The case brief poses the problem of how to launch a new active wear line and evaluates two alternatives - offering "Better" pricing through current channels or "Moderate" pricing with expanded channels. It recommends the first option to maintain the brand's sophisticated image while achieving an 18% profit margin and breaking even in the first year.
The document discusses the history and growth of Hewlett-Packard, including its founding in 1938, early success creating electronic test instruments, emphasis on teamwork and respect for employees. It then covers HP's merger with Compaq in the late 1990s which increased their combined market share, challenges faced by later CEOs like Carly Fiorina, and how HP compares to competitors like IBM and Dell today. Key principles discussed include the importance of planning, maintaining a strong brand, and focusing on continuous improvement.
ZipCar is a car sharing service that started in Boston in 1999. It operates in 21 cities and owns over 400 vehicles. By January 2005, it had 30,000 registered users gaining 1500 new members monthly. ZipCar positions itself as a low-cost alternative to car rental and ownership. To use ZipCar, users must join, reserve a vehicle, unlock it using their member card, and then return it upon completion of their trip. It uses a membership-based model with different membership plans. Pricing is typically cheaper than traditional car rentals as ZipCar includes gas, insurance, and parking in its rates. Cars are parked in designated areas that members can easily access them. Promotion of ZipCar's service
AmazonFresh has had success in Seattle but needs to expand to grow. Model A suggests refining the business model by bundling subscriptions, offering discounts, and marketing promotions. Model B argues expanding to New York City makes the most sense due to high demand from congested streets making grocery shopping difficult. While Los Angeles has lower costs, New York provides a huge opportunity. Model C says it is always the right time for Amazon to expand, and entering New York will help Amazon develop strategies to overcome challenges in other large cities.
Stryker's harvard case fi312-position_paperLaini Tsang
This case study examines Stryker Corporation's capital budgeting process and why modifications made in 2005 slowed capital project requests. Specifically:
- Stryker implemented a new Capital Expense Request (CER) process in 2005 that increased documentation requirements and added review layers, intended to improve alignment.
- However, the increased complexity and short timeframe to submit requests discouraged employees from submitting projects. The number of requests dropped sharply.
- While rigorous processes are important for oversight, the changes did not achieve the intended benefits at Stryker and hurt employee morale around capital projects.
This document discusses a social media marketing situation analysis for a company called Tech Talk. It outlines some key issues, including a lack of measurable goals, integrated systems, audience research and competitive analysis. Potential solutions proposed include increasing brand awareness through meaningful content, researching the social media audience and competitive landscape. Several decision problems are presented around defining social media scope, key platforms and metrics, and whether marketing should be in-house or outsourced. A unified decision framework is suggested based on precision over prospecting through publishing, public speaking and generating publicity. Lessons include avoiding over-analysis and using a mix of in-house and freelance skills with persistence.
International business involves commercial transactions between two or more countries. It is influenced by various physical, social, economic and political factors in different country environments. There are several modes of conducting international operations including importing/exporting, licensing, direct investment etc. Companies globalize their operations to reduce costs, improve supply chains, access new markets and resources, and learn from foreign markets. However, globalization also faces challenges such as threats to national sovereignty and growing inequality.
Lupin In Japan- International MarketingHetang Desai
Lupin entering into the Japanese market was a watershed moment in the history of Indian pharmaceutical Industry. The presentation covers the evolution, market share, M&A, Policy, distribution and regulatory systems prevalent at the time.
HIH Insurance was founded in 1968 and grew rapidly through acquisitions in the 1990s. However, in early 2001 it collapsed with $5 billion in losses due to aggressive expansion, underpricing policies, and inadequate reserves. The collapse had massive impacts and a royal commission found flaws in HIH's governance, including a dominant CEO, lack of independence among directors, and inadequate risk management.
Warren Buffett, CEO of Berkshire Hathaway, acquired PacifiCorp, a Western US energy company, through Berkshire's subsidiary MidAmerica Energy Holdings. Buffett focuses on acquiring low-cost companies and increasing shareholder wealth. He was trained by Benjamin Graham and seeks undervalued stocks. While the PacifiCorp acquisition offers lower annual returns than Buffett prefers, it fits Berkshire's strategy of investing in stable, profitable industries like utilities to achieve long-term growth. The all-cash purchase price of $9.4 billion reflected PacifiCorp's current market value.
Car sharing service Zipcar was started in 1999 and expanded to 21 cities by 2004, gaining 30,000 registered members and a fleet of 400 cars. It partners with universities and offers an affordable alternative to car ownership through low membership fees and hourly/daily rental rates. While Zipcar is more convenient than traditional car rentals due to inclusive pricing and flexibility, it also provides significant cost savings compared to owning a vehicle through eliminating expenses like car payments, insurance, gas, and parking fees. The case examines a situation where a Zipcar member encounters a problem with his reserved vehicle.
"Public information and stakeholder involvement in EP&R", presentation made by Nadja Zeleznik on 3 December at Workshop " More Effective EP&R at the EU level under the BSS Directive" in the European Commission.
This document summarizes the research methodology used in a case study about self-actualization of teachers. A quantitative survey research design was used with a questionnaire distributed to 40 teachers at a school. The questionnaire contained 3 sections on demographics, school climate (measured by OCI), and teacher commitment (measured by OCQ). Data was analyzed using SPSS to understand relationships between school climate and teacher commitment as well as the influence of demographics.
The document discusses the history and operations of the Harilela family business in Hong Kong. It began in 1922 when Naroomal Mirchandani left India for China and established a trading company. His sons later expanded into textiles and acquired contracts to make British uniforms after WWII. In 1960 they diversified into hotels, buying their first property. They continued expanding their hotel portfolio, realizing it was more profitable than textiles. The family business was structured as a group collectively owned by the six brothers, who each had equal voting power despite unequal ownership shares. Management was delegated to professionals while family members could join but had to prove themselves. The group focused on quality service and maintaining community and government relationships.
Zipcar pioneered the car sharing business model, which allows members to reserve vehicles by the hour or day from a network of reserved parking spots. The summary evaluates Zipcar's initial business plan for its launch in Boston, including a $25 application fee, $300 refundable security deposit, $300 annual fee, and per-hour and per-mile usage fees. It also outlines Zipcar's strategy to handle reservations through its website and phone support, develop wireless in-car technology, and market the service to college-educated individuals in urban areas seeking an alternative to expensive car ownership and parking.
This document provides contact information for a service that provides test banks and solutions manuals for academic textbooks. It lists the email address to contact for these materials and provides several websites and social media links related to the test bank and solutions manual service. The document encourages contacting the email for any needed materials and lists many textbook titles that test banks and solutions manuals may be available for.
J.P. Morgan Chase & Co. is an American multinational banking corporation founded in 2000 with $2.2 trillion in assets and 250,000 employees operating in 150 countries. The company aims to strengthen communities through expanding access to capital, leadership, and leveraging resources. Jamie Dimon serves as Chairman and CEO, overseeing diversity recruiting efforts led by Mark Settles. The company hosts "Lunch and Learns" with top executives and has various employee networking groups to attract, retain, and develop a diverse talent pool. J.P. Morgan Chase strives to link management rewards to diversity progress and build a diverse pipeline through universities and industry groups.
This document discusses Ben & Jerry's considerations for entering the Japanese ice cream market. It outlines CEO Perry Odak's concerns, Ben & Jerry's mission and culture, key resources in Vermont, strategic options in Japan, and what Ben & Jerry's would need to do to execute their chosen strategy well. The options under consideration are franchising with 7-Eleven's 7,000 stores, partnering with a Japanese-American entrepreneur, or opening scoop shops at Tokyo Disneyland. Analyzing resources and capabilities, partnering with 7-Eleven could leverage its large retail presence but may restrict branding. Direct entry through scoop shops allows more control but carries higher risks. A decision is needed to capitalize on excess US
Medtronic Inc. is one of the largest medical device manufacturers in North America, founded in 1949 and headquartered in Minneapolis. It has two major business units: Cardiovascular and Restorative Therapies. The document analyzes Medtronic using Porter's Five Forces, a SWOT analysis, and discusses risks, technology applications, a McKinsey analysis, financial analysis, and social responsibilities. It makes recommendations, including settling lawsuits, maintaining brand reputation, pursuing emerging markets, and continuing investment in technology development.
Test bank for auditing a risk based approach to conducting a quality audit 10...Messier333
Test Bank for Auditing A Risk Based-Approach to Conducting a Quality Audit 10th Edition by Johnstone
Download at: http://downloadlink.org/p/test-bank-for-auditing-a-risk-based-approach-to-conducting-a-quality-audit-10th-edition-by-johnstone/
People also search:
auditing a risk based-approach to conducting a quality audit 10th edition pdf
auditing a risk based approach 10th edition pdf
auditing a risk based approach to conducting a quality audit pdf
auditing a risk based approach to conducting a quality audit solutions manual pdf
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auditing a risk-based approach to conducting a quality audit 9th edition pdf
auditing a risk based approach to conducting a quality audit test bank
auditing a risk based approach 10th edition test bank
Anheuser-Busch and Harbin Case Study - Part 1 Industry AnalysisRomain Corraze
The document provides an overview of the Chinese beer industry including:
1) It is the largest beer market in the world but consumption per capita is low and there is potential for growth.
2) Porter's Five Forces analysis shows the market has low barriers to entry and no dominant brewers despite regional powers.
3) Success requires understanding price-conscious customers, political risks, and targeting regions like east and south China with higher incomes.
The document provides an analysis of the Harrington Collection company, which offers high-end fashion brands for women. It details the company's internal analysis including its target market, product lines, pricing strategy, promotion, and channels. It also analyzes the company's performance, external environment, competitors, and market segments. The case brief poses the problem of how to launch a new active wear line and evaluates two alternatives - offering "Better" pricing through current channels or "Moderate" pricing with expanded channels. It recommends the first option to maintain the brand's sophisticated image while achieving an 18% profit margin and breaking even in the first year.
The document discusses the history and growth of Hewlett-Packard, including its founding in 1938, early success creating electronic test instruments, emphasis on teamwork and respect for employees. It then covers HP's merger with Compaq in the late 1990s which increased their combined market share, challenges faced by later CEOs like Carly Fiorina, and how HP compares to competitors like IBM and Dell today. Key principles discussed include the importance of planning, maintaining a strong brand, and focusing on continuous improvement.
ZipCar is a car sharing service that started in Boston in 1999. It operates in 21 cities and owns over 400 vehicles. By January 2005, it had 30,000 registered users gaining 1500 new members monthly. ZipCar positions itself as a low-cost alternative to car rental and ownership. To use ZipCar, users must join, reserve a vehicle, unlock it using their member card, and then return it upon completion of their trip. It uses a membership-based model with different membership plans. Pricing is typically cheaper than traditional car rentals as ZipCar includes gas, insurance, and parking in its rates. Cars are parked in designated areas that members can easily access them. Promotion of ZipCar's service
AmazonFresh has had success in Seattle but needs to expand to grow. Model A suggests refining the business model by bundling subscriptions, offering discounts, and marketing promotions. Model B argues expanding to New York City makes the most sense due to high demand from congested streets making grocery shopping difficult. While Los Angeles has lower costs, New York provides a huge opportunity. Model C says it is always the right time for Amazon to expand, and entering New York will help Amazon develop strategies to overcome challenges in other large cities.
Stryker's harvard case fi312-position_paperLaini Tsang
This case study examines Stryker Corporation's capital budgeting process and why modifications made in 2005 slowed capital project requests. Specifically:
- Stryker implemented a new Capital Expense Request (CER) process in 2005 that increased documentation requirements and added review layers, intended to improve alignment.
- However, the increased complexity and short timeframe to submit requests discouraged employees from submitting projects. The number of requests dropped sharply.
- While rigorous processes are important for oversight, the changes did not achieve the intended benefits at Stryker and hurt employee morale around capital projects.
This document discusses a social media marketing situation analysis for a company called Tech Talk. It outlines some key issues, including a lack of measurable goals, integrated systems, audience research and competitive analysis. Potential solutions proposed include increasing brand awareness through meaningful content, researching the social media audience and competitive landscape. Several decision problems are presented around defining social media scope, key platforms and metrics, and whether marketing should be in-house or outsourced. A unified decision framework is suggested based on precision over prospecting through publishing, public speaking and generating publicity. Lessons include avoiding over-analysis and using a mix of in-house and freelance skills with persistence.
International business involves commercial transactions between two or more countries. It is influenced by various physical, social, economic and political factors in different country environments. There are several modes of conducting international operations including importing/exporting, licensing, direct investment etc. Companies globalize their operations to reduce costs, improve supply chains, access new markets and resources, and learn from foreign markets. However, globalization also faces challenges such as threats to national sovereignty and growing inequality.
Lupin In Japan- International MarketingHetang Desai
Lupin entering into the Japanese market was a watershed moment in the history of Indian pharmaceutical Industry. The presentation covers the evolution, market share, M&A, Policy, distribution and regulatory systems prevalent at the time.
HIH Insurance was founded in 1968 and grew rapidly through acquisitions in the 1990s. However, in early 2001 it collapsed with $5 billion in losses due to aggressive expansion, underpricing policies, and inadequate reserves. The collapse had massive impacts and a royal commission found flaws in HIH's governance, including a dominant CEO, lack of independence among directors, and inadequate risk management.
Warren Buffett, CEO of Berkshire Hathaway, acquired PacifiCorp, a Western US energy company, through Berkshire's subsidiary MidAmerica Energy Holdings. Buffett focuses on acquiring low-cost companies and increasing shareholder wealth. He was trained by Benjamin Graham and seeks undervalued stocks. While the PacifiCorp acquisition offers lower annual returns than Buffett prefers, it fits Berkshire's strategy of investing in stable, profitable industries like utilities to achieve long-term growth. The all-cash purchase price of $9.4 billion reflected PacifiCorp's current market value.
Car sharing service Zipcar was started in 1999 and expanded to 21 cities by 2004, gaining 30,000 registered members and a fleet of 400 cars. It partners with universities and offers an affordable alternative to car ownership through low membership fees and hourly/daily rental rates. While Zipcar is more convenient than traditional car rentals due to inclusive pricing and flexibility, it also provides significant cost savings compared to owning a vehicle through eliminating expenses like car payments, insurance, gas, and parking fees. The case examines a situation where a Zipcar member encounters a problem with his reserved vehicle.
"Public information and stakeholder involvement in EP&R", presentation made by Nadja Zeleznik on 3 December at Workshop " More Effective EP&R at the EU level under the BSS Directive" in the European Commission.
This document summarizes the research methodology used in a case study about self-actualization of teachers. A quantitative survey research design was used with a questionnaire distributed to 40 teachers at a school. The questionnaire contained 3 sections on demographics, school climate (measured by OCI), and teacher commitment (measured by OCQ). Data was analyzed using SPSS to understand relationships between school climate and teacher commitment as well as the influence of demographics.
This document discusses process modeling and data flow diagrams (DFDs). It defines key concepts in process modeling like logical and physical models, processes, data flows, and data stores. It explains how to construct DFDs and the basic elements that make them up, including external entities, processes, and data flows between processes and data stores. The document provides guidance on decomposing processes, identifying different types of processes, and describing the data structures that make up data flows.
Stakeholders’ information needs for artifacts and their dependencies in a rea...s-mueller
n the evolution of software, stakeholders continuously seek and consult various information artifacts and their interdependencies to successfully complete their daily activities. While a lot of research has focused on supporting stakeholders in satisfying various information needs, there is little empirical evidence on how these information needs manifest themselves in the context of professional software development teams of real world companies. To investigate the information needs of the different stakeholder roles involved in software evolution activities, we conducted an empirical study with 23 participants from two professional development teams of one company. The analysis of the gathered data shows that information needs exhibit a crosscutting nature with respect to stakeholder role, activity, artifacts and even fragments of artifacts. We also found that the dependencies between information artifacts are important for the successful performance of software evolution activities, but often not captured explicitly. The lack of an explicit representation of these interdependencies often result in difficulties identifying dependent artifacts and additional communication effort. Based on our findings, we suggest ways to better support stakeholders with their information needs.
The document discusses process modeling and data flow diagrams (DFDs). It defines process modeling as a technique for organizing and documenting the structure and flow of data through a system's processes. DFDs are introduced as a type of process model that depicts the flow of data through a system and the work performed. The chapter then provides details on logical versus physical system models, constructing DFDs, decomposing systems, and common errors in modeling processes.
System Analysis and Design 6th edition chapter 14Matthew McKenzie
This chapter discusses current trends in systems analysis and design methodologies, technologies, and applications. It outlines three influential agile methodologies: the Unified Process (UP), Extreme Programming (XP), and Scrum. The UP uses iterative development, UML modeling, and defines phases and disciplines. XP is based on core values like communication and focuses on practices like pair programming and testing. Scrum uses sprints, daily scrums, and product backlogs to iteratively develop software. Emerging trends in devices, software deployment, and web applications are also discussed.
Presentation at HEA-funded workshop 'A dialogue between phenomenology and realism in pedagogical and educational research '.
The workshop aimed to stimulate debate around the philosophical underpinnings of different research methodologies, whose shared terminology is often interpreted in radically contrasting ways, and in particular, to encourage dialogue between realist and phenomenological research traditions. The workshop was aimed at pedagogical and educational researchers who are looking to expand their methodological repertoire and to explore new ways of teaching research methods.
This presentation is part of a related blog post that provides an overview of the event: http://bit.ly/1oww6m1
For further details of the HEA's work on teaching research methods in the Social Sciences see: http://bit.ly/RIZtTz
An information system is composed of hardware, software, a database, a network, procedures, and people. It uses computer technology and can include computers, programs, organized data files, strategies, and connections between equipment. The largest computer network is the Internet, which interconnects thousands of other networks globally and enables electronic communication through telecommunications.
Introduction to the Computer-Based Information SystemFathur Rohman
This document outlines the schedule and topics for a course on management information systems. The course will cover introductions to various types of computer-based information systems including human resource information systems, financial information systems, manufacturing information systems, accounting information systems, marketing information systems, management information systems, decision support systems, enterprise information systems, and executive information systems. Presentations will be given on each of these topics throughout the semester. The course will also include chapters from the textbook on information management, systems concepts, and the evolution and justification of computer-based information systems.
An information system consists of 5 main components: 1) Computer hardware which includes the physical parts of a computer system like processors, memory, and input/output devices. 2) Computer software which are instructions that control the computer's operation and can be system software or application software. 3) Telecommunications which refers to electronic transmission of information over networks like LANs and WANs. 4) Databases which are organized collections of related data managed by database management systems. 5) Human resources and procedures which involve the people who use the system and the outlined processes for interacting with hardware, software, and databases.
Concepts and components of information systemRohit Kumar
The document discusses concepts related to information systems. It defines a system as having inputs, processing, and outputs. It describes the key components of an information system including people, hardware, software, data, and networks. It also discusses different types of computer systems such as microcomputers, midrange systems, and mainframe systems. Peripherals and storage technologies like semiconductor memory, magnetic disks, tapes, and optical disks are also summarized.
Decision Tree Analysis for statistical tool. The deck provides understanding on the Decision Analysis.
It provides practical application and limited theory. Will be useful for MBA students.
The document outlines the steps involved in system analysis and design for information systems development. It discusses fact finding to understand the current system, conducting a feasibility study to determine if the proposed new system is technically and economically viable, and the analysis phase where a more detailed review is performed to understand weaknesses and design system flow charts and data flow diagrams. The analysis phase also includes setting detailed objectives, reviewing constraints, updating the cost/benefit analysis, and planning for further system development.
This document provides an overview of research methodology. It discusses research designs such as experimental, correlational, survey, ethnographic, case study, historical, and action research. It also categorizes research as descriptive, associational, or intervention studies. Key aspects of quantitative and qualitative approaches are compared such as goals, design, data collection and analysis techniques. Examples are provided to illustrate different research problem types and appropriate methodologies.
The document summarizes the systems development life cycle (SDLC) which includes four phases - planning, analysis, design, and implementation. Each phase consists of steps that produce deliverables and moves the system design forward through refinement. Methodologies like waterfall, RAD, agile help structure the SDLC process. Key factors in selecting a methodology include requirements clarity, technology familiarity, system complexity, reliability needs, and time schedules.
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Larry Junior Case
1. Table of Contents
Table of Contents ............................................................................................................................... 1
Overview of Facts: ............................................................................................................................. 3
Simple decision tree ........................................................................................................................... 5
Simple decision tree ........................................................................................................................... 5
Statement of the Model ...................................................................................................................... 6
Results of Modeling ......................................................................................................................... 11
Conclusions/Recommendations ....................................................................................................... 12
1
2. Executive Summary
The case of Larry Hillblom, founder of the multi-million dollar DHL Company started in 1994 when he died after his small seaplane crashed near his
home island of Saipan. His body never was recovered. He left a fortune worth an estimated $750 million before taxes in a Trust. The primary
beneficiaries were the medical schools of the University of California. He had never married and had no legitimate children. His will did not include
a clause disinheriting any illegitimate children. The problem started when a one alleged illegitimate child, Junior Larry Hillblom, born in 1984 filed a
lawsuit claiming a share of the estate. With $750 million at stake, Junior Larry aged 12 years old at that time, faced some intimidating obstacles to
get a piece of the pie. First Larry Junior must await for the outcome of a proposed law called the Hillblom Law pending in the local legislature that
would, in effect disinherit him because he is illegitimate child. Second Larry junior need to prove that he is the son of the deceased using DNA
matching, however Larry Hillblom body was never found and there was no physical trace in his house or anywhere else. The only way to get his
DNA is through a mole that was removed from his face in a previous surgery, to make the circumstance worst the mole is in the possession of the
primary beneficiary which was the medical schools of the University of California. If Larry Junior’s lawyer is able to challenge the law and get
access to the DNA and prove than Larry Junior is Hillblom’s son, then in one hand they will face a decision to either accept a settlement or to go to
court. On the other hand using the worst case scenario they could lose the case. The question is should Larry Junior settle or go to court?
As the advisor of Larry Junior and his lawyers, based on a Simple Decision Tree analysis, we advice them to reject the settlement and go to court,
this resolution would yield the best outcome possible from this case as we will show in figure1.
2
3. Overview of Facts:
The case of Larry Junior is complicated and substantial. His case is full of challenges and irregularities. While vehemently denying that Larry junior
was Mr. Hillblom’s son in early 1996 and before the outcome of the Hillblom law, the trustees of the Hillblom estate offered Larry Junior a
settlement worth approximately $12 million if he would abandon his entire claim to the estate. Larry Junior and his legal team should weight their
chances if they go to court against accepting the settlement.
If the reject the settlement and decide to go to court, first his legal team needs to await the outcome of the proposed Hillblom law, which was written
under a serious financial pressure from attorneys for the Hillblom estate. On one hand if the law fails to pass, it would be a positive outcome for
them, and then they could move to the next challenge. The chances that this would happen are 40%. On the other hand if the law is passed, their
remedy is challenge its constitutionality, their chances to win the challenge are 30% against losing with a 70%.
If the law fail to pass or if they success to challenge it, their next step is to find a DNA source to use it to prove that Larry Junior is the son of the
deceased. Their chance to get a DNA source is 80% against 20% not to get it. If they get the DNA source, the come to the most important and most
crucial step in the case, which is showing that the DNA is a match, which prove that Larry Junior is the son of the deceased; Their chance to prove
that the DNA match is 70%.
So far there are many probabilities where Larry Junior would lose his case:
The Hillblom Law pass and they fail to challenge its constitutionality.
3
4. They fail to get a DNA source.
They fail to prove that the DNA is a match.
If the DNA matches, Larry Junior attorneys believe the Hillblom estate will offer a settlement of approximately $40 million to avoid going to court.
If they reject the settlement they face an unsure outcome in court. They believe there is 20% chance that they would lose their case, 4% chance that
they would win and receive $338 million, 16% chance they would win and receive $68 million, 40% chance they would win and receive $34 million,
and a 20% chance they would win and receive $17 million.
Larry Junior and his attorneys face a very difficult decision. Should they accept the settlement or hope that the Hillblom law does not pass, they
would find a DNA source, and they establish Larry Junior’s rightful claim to the Hillblom estate?
Our first step is to draw a simple decision tree representation of the uncertainties and decisions Junior Larry faced. As we describe and fill in this tree,
we will provide details of background information describe the alternatives and explain the thinking behind our estimates.
4
6. Statement of the Model
The initial decision in this case is whether or not to accept the estate’s settlement. In order for this decision to be made, Larry Junior must also
consider the effects of the Hillblom Law if he rejects the offer. This tree is referred to as a multistage decision tree. The decision tree shows that the
first decision that Larry Junior faces is whether or not to accept the offer. If the offer is accepted, we know that he will receive 12 million dollars, and
if the offer is rejected, we have to consider the Hillblom Law possible effects.
When considering the effects of the Hillblom Law, we know that there is a .60 possibility that the law will be passed, which means there is a
.40 possibility that it will not be passed. If the proposed law is passed, Larry will receive $0 and his attorneys would then have to consider the
constitutionality of the law. If the law fails, Larry would then have to try to obtain the DNA sample.
6
7. We show this on the branches because it illustrates the risk profile. A risk profile is the part of the tree that shows the chances associated with
the possible outcomes. They are used in business when giving proposals because the numbers are easily read and readers can quickly identify the
risk.
There is an estimated 80% probability of Larry’s attorneys being able to obtain the DNA. This means that there is a 20% chance that Larry
will receive $0 if the DNA is not available.
7
8. If the DNA is available, we have to consider whether or not the DNA will be a match. There is a 70% chance that the DNA does match and
Larry is the son, which means that there is a 30% chance that it doesn’t. If the DNA doesn’t match, Larry will receive $0.
If the DNA does match, it is believed that there will be a 2nd settlement offered in the amount of $40 million. Larry is then faced with another
decision, whether to accept the 2nd settlement offer or to continue to go to court.
8
9. If Larry decides to go to court however, there is a 20% chance that he will lose his case in court resulting in $0. But that does leave him with
an 80% probability of winning. We divided the possible amounts he could win into 4 wins. We illustrated them in the last branches on the tree.
9
10. On the other hand, there is a .70 possibility that the challenge will succeed; therefore there is only a .30 possibility that it will not. If the law is
deemed constitutional, Larry will receive $0. If the law is deemed unconstitutional then the DNA issue will arise again. This part of the tree is the
same sub-tree as above.
10
11. Results of Modeling
Both sides of the decision tree could result the same depending on outcomes of the unknown events. There is a .04 probability that he will receive
$338 million, a .16 probability that he will receive $68 million, a .40 probability that he will receive $34 million and a .20 that he will receive $17
million
11
12. Conclusions/Recommendations
Junior Larry faces an immediate decision to either settle for $12 million, or continue his suit. QDM Pros recommends that Larry Junior rejects the
settlement and go to file a law suit in court. The reason behind our decision is a follow: assuming the Hillblom law does not pass or it is challenged to
be unconstitutional, he is able to get the DNA and prove he is the son of the deceased, if we look at the outcome of the tree there are five results,
there is a 20% probability that his claim could be dismissed by the court, in which case Larry would receive nothing at all. However if he is
successful in court he would receive payments following the probabilities outcome as follow, 4% chance to get $338 million, 16% chance to get $68
million, 40% to get $34 million, and 20% chance to get $17 million. If we calculate the expected result we get the following:
Optimal Choice Probability Amount Benefit
Decision 1 Lose 20% $0.00 $0.00
Decision 2 Win 4% $338,000,000.00 $13,520,000.00
Decision 3 Win 16% $68,000,000.00 $10,880,000.00
Decision 4 Win 40% $34,000,000.00 $13,600,000.00
Decision 5 Win 20% $17,000,000.00 $3,400,000.00
$41,400,000.00
The EMV of the whole case as showed in the Simple decision tree is $19,010,880.00 which a higher value than the initial settlement offered by the
Hillblom estates which is $12 million, but less than the second settlement, which is $40 million, so based on the analysis of the tree, the best decision
for Larry Junior is to accept the second settlement of $40 million. Larry Junior should not accept a settlement less than $ 19 million, which is the
EMV of the case; however there are other issues that Larry Junior needs to consider in making his decision, such as time, present value of the
12
13. settlement, discount rates, and the inflation or level consumption. All these concerns have enormous effects on decision making when it comes to
accepting or rejecting a settlement.
13