Free Essay

Body Product Divisions of World Wide Drugs

In: Business and Management

Submitted By rebeccaf
Words 273
Pages 2
Entr 3120 - Case Preparation Chart

Name of the Case ______Body Product Divisons of World Wide Drugs__

Who is involved?
Ahmed Diba-Controller
Cheryl Kelly – President of Division

What is the issue and/or problem?
The problem was taking the 9.60 litigation costs off the report at the advice of Cheryl Kelly. The advice was to instead report it at the executive meeting which Ahmed Diba was not told about.

Why is it a problem?
It may not be ethical to not report this to the executive committee because it could change how successful the product will be or future lawsuits.

What is the timeline?
1. Report is done with litigation costs included
2. Cheryl Kelly suggest taking it out and presenting it instead.
3. Ahmed Diba takes it out with 16.80 as the variable cost instead.
4. Executive meeting happened without Ahmed Diba one month later.

Determine both relevant and irrelevant information from reading the case.
Litigation cost issues

Irrelevant location What concepts (from the textbook) can be applied to the case?
-Corporate Governance
-Standards of Ethical Conduct for Practitioners of Management accounting and Financial Management
-Breakeven to see differences in including and excluding litigation cost

What are the options or alternatives?
- quantitative analysis

- qualitative analysis o pros

o cons

Other factors to considerg
What may happen if the executive committee finds out about the litigation costs left out afterwards. (lawsuits)

For Ahmed Diba to make the executive committee aware of the possible litigation costs.

Note – The Case Preparation Chart must be submitted as a hard copy of a word document. Handwritten submissions are not accepted.…...

Similar Documents

Free Essay

International Cooperation Against the World Drug Problem

...COOPERATION AGAINST THE WORLD DRUG PROBLEM I. INTRODUCTION Today it is generally recognized that drugs, along with organized crime that comes with it, jeopardize the development of many resolutions in our world. It is now clear to several organizations that drug control must become an essential element of our joint efforts to achieve peace, security and development. At the same time, we must reinforce our commitment to shared responsibility and the basic principles of health and human rights. The 2011 World Drug Report documents developments in global drug markets and tries to explain the factors that drive them. Its analysis of trends and emerging challenges informs national and international drug and crime priorities and policies, and provides a solid foundation of evidence for counternarcotics interventions. Drug markets and drug use patterns change rapidly, so measures to stop them must also be quick to adapt. Thus the more comprehensive the drug data we collect and the stronger our capacity to analyze the problem, the better prepared the international community will be to respond to new challenges. Drug use affects not only individual users, but also their families, friends, co-workers and communities. Children whose parents take drugs are themselves at greater risk of drug use and other social problems that harm communities. In some regions, illicit drug use is contributing to the rapid spread of infectious diseases like HIV and hepatitis. Drug......

Words: 2052 - Pages: 9

Premium Essay

Precision World Wide Case Study

...sales manager insisted that they needed to stop the steel rings once the plastic ones were available. He argued that if customers found out that they had bought the steel ones instead of the plastic ones it could have a negative effect on the company’s sales. Thorborg, general manager, knew that if they continued with the production and sale of steel rings, about 15,100 rings would be left by mid-September. He remembered that during the next 2 or 3 weeks the plant would not be working at full capacity. He wondered if workers could work on converting the steel inventory to rings on the slack time. . Introduction The goal of this case study is to determine the optimal use of materials and resources while incorporating a new product. The executive summary lays out most of the details and the appendix includes all facts and figures with regards to costs and profitability. Alternative solutions are also included within the appendix for your consideration. Analysis [Brief] Conclusion [Brief based on data] Appendix Data Production Cost and Profitability. Ring Type Material* Direct Labor* Overhead* Total Cost* Steel 321.90 196.50 589.50 1107.90 Plastic 17.65 65.50 196.50 279.65 *per 100 Ring Type Total Cost* Revenue* Profit* Steel 1107.90 1350.00 242.10 Plastic 279.65 1350.00 1070.35 *per 100 Recovery of Steel vs. Production of Plastic (if any steel remains once plastic is available) Due to the......

Words: 666 - Pages: 3

Premium Essay

World Wide Wedding Customs

...The idea of a man and a woman getting married has been past down from generations all over the world and in every culture. Although a couple marrying to formalize their relationship is true throughout the world, but how it happens and the inter workings of a marriage differ from culture to culture. This is because of the social construction an area puts on its people. The way people celebrate this coming together of two people is what is important, and the idea that this relationship means more than others do symbolizes this. Exactly what is a marriage? This is the question that has to be answered before you delve farther in. Marriage is the union of two people planning to spend the rest of their lives together. Around seventy percent of people marry at some point in their life. Most weddings include some kind of weddings vows that are said to one another, the presentation of a gift, and the proclamation of the marriage by an authority figure or leader (Wikipedia, 1). No culture does a wedding exactly the same as another. There is no such thing as the same ole wedding, because not two wedding are the same. The social construction that a culture puts on people deems what their wedding will be like. Weddings in the same area, under the same culture norms, are very similar, but an American wedding and a Middle Eastern wedding are two totally different experiences. This is not because that is the way we want it, but because it is what we know as right. We are taught all......

Words: 1036 - Pages: 5

Premium Essay

The Home Textile Trends World Wide

...THE HOME TEXTILE TRENDS WORLD WIDE What we will cover in the study      THE SEGMENTS OF HOME FURNISHING. THE PRODUCT RANGE OF HOME TEXTILE. MARKET TRENDMAPPING OF HOME TEXTILE. MARKET COMPITIVENESS OF HOME TEXTILE. THE TRADE CHANNEL & MARKET SEGMENTATION. THE SEGMENTS OF HOME FURNISHING While segmenting the HOME FURNISHING in to categories, we will find around 17 categories in 13 different areas are which are sated below CATEGORIES 1. 2. 3. 4. 5. 6. 7. 8. 9. BED LINEN KITCHEN & TABLE LINEN RUGS WINDOW FASHION HOME APPLIANCES ACCESSORIES FURNITURE LIGHTINGS MIRRORS 10. MATRESSES 11. SHOW PIECES & CANDELS 12. CROCKERIES & CUTLERIES 13. EQUIPMENTS & MACHINES 14. GLASSWARE & JUGS 15. TOOLS & FITTINGS 16. VASSES & BOWLS 17. TV & MUSIC SYSTEM AREAS 1. 2. 3. GARDEN KITCHEN DINING 4. 5. 6. 7. 8. 9. LIVING ROOM BED ROOM HOME OFFICE CHINDREN ROOM YOUTH ROOM HALLWAY 10. LAUNDRY & BATHROOM 11. TEXTILES 12. COKKING 13. EATING THE PRODUCTS OF HOME TEXTILE If we look into the different product groups of Home Textile, we will find the below variations – Bed Linen In the bed linen category our product list includes – • • • • • • • • • • • • Mattress Cover Valance Sheet Duvet Cover / Quilt Cover Comforters Blanket or Throw Flat Sheet or Top Sheet Fitted Sheet or Bottom Sheet Housewife or Standard Pillow Case Oxford Pillow Case or Shams Cushion Cover or Decorative Pillow Case Bolster Bedspreads Window Furnishing In the bed linen category our product list includes – • • •......

Words: 941 - Pages: 4

Premium Essay

World Wide Drug Case

...World Wide Drug Case Introduction In this case, there are three parties who play substantial roles in this case: Ahmed Diba (Controller of the Body Products Division of World Wide Drugs), Cheryl Kelly (President of the same division), and the Executive Committee for World Wide Drugs (WWD). Diba is set to put together a proposal for a new product to be developed in the Body Products Division for WWD; the proposal was to be ultimately reviewed and decided upon by the WWD Executive Committee. However when complete, Kelly scans the report and criticizes the fact Diba included a variable cost for the product devoted to dealing with possible litigation fees. She ordered for it to be removed, as it would unnecessarily reduce the contribution margin for the product; thus reducing the likely of the project being accepted. However, she did assure Diba that he would be given a chance to mention the litigation fee to the executive committee when they would present the proposal. Unfortunately, Kelly never did tell Diba about the actual meeting and when it took place. Instead, she decided to attend the executive meeting on her own, and presented the proposal. It was only when the proposal was accepted by the committee and that their division was given the green light to operate, that Diba was told of what had transpired. Kelly’s reasoning for not bringing Ahmed along was that it would her division money if only she went, as the meeting was supposedly held in......

Words: 970 - Pages: 4

Premium Essay

About World Wide Web

...The World Wide Web (WWW) is a massive set of interlinked documents, images and other resources (standards and protocols). In 1991, CERN publicly launched the new World Wide Web by English Scientist, Tim Berners Lee in 1989. The pages were interlinked to other such pages using hyperlinks and the URLs creating a great bid web of information. This is why Tim Berners Lee decided to name it as the World Wide Web. Web Addressing System: An Addressing System for the Internet was designed by the Internet Engineering Task Force (IETF). In this scheme, unique names and numbers are assigned to identify the computers on the Internet. Every website has a name called domain name. Each computer on Internet is also known as host. It is identified on the Internet by its unique IP address. There are two methods of IP addressing: Letter Addressing System Number Addressing System Letter Addressing System: It is an addressing system where unique identification names are given to websites. Each website is assigned to unique name. The user just puts in the name of the website and the corresponding website opens up in the browser. Few examples are given below: Here the last letters are important as they provide information about the kind of organization to which the address belongs. Some of the important abbreviations are: edu: Educational Institution gov: Government Organizations org: Nonprofit Organization The letter addressing system also uses......

Words: 507 - Pages: 3

Premium Essay

Walmart vs the World Wide Web

...Walmart vs. World Wide Web Abstract The internet offers a wide range of possibilities for businesses. Walmart, Inc. is using them to their advantage using They offer the same exceptional customer service while offering everyday low prices in a convenient online format. The increase in use of the internet will be cause the sleeping “Big Giants” such as Walmart to step up their marketing techniques. Smaller companies will have access to the new wave of technology offered by the internet increasing their ability to compete in the global market. The internet offers unparalleled technology that can connect businesses on a global scale and increase the potential of all players in Business. . Walmart is a billion dollar a year American general merchandise store. It was founded in Bentonville Arkansas in1962 by Sam Walton. By 1988 Walmart had become the most profitable retailer in the United States. (Hayes 1990). This business was chosen due to its large impact on the United States’ economy. According to Fortune Walmart remained the world’s number one publicly traded company for the top Fortune 500 list released March 2014(Fortune 2014). Walmart serves more than one million customers in twenty six countries in a week. Walmart began utilizing the internet to its maximum potential in January 2000. It offers online purchasing of inventory of a million plus items under the entity Customers can browse inventory of not only their local Walmart......

Words: 1739 - Pages: 7

Premium Essay

Pros and Cons of the World Wide Web

...Positives and Negatives of the World Wide Web The World Wide Web is an information system on the Internet which allows documents to be connected to other documents by hypertext links, enabling the user to search for information by moving from one document to another. There are many examples of why the world wide web is a positive for us, for example Availability of mainly free information, Low cost of initial connection, Reduces the costs of divulgation, The same protocol of communication can be used for all the services, Facilitates rapid interactive communication, Facilitates the exchange of huge volumes of data, Facilitates the establishment of professional contact, No barriers to divulgation. But with advantages there come disadvantages such as Danger of overload and excess information, it requires an efficient information search strategy, The search can be slow, It is difficult to filter and prioritize information, No guarantee of finding what one is looking for, There is a lot of apparently unconnected information, Net becomes overloaded because of large number of users, No quality control over available data, The ease with which information can be constantly up-dated. There are an amazing amount of benefits that come along with the World Wide Web. Not only are you able to access information from, you can also makes friends from across the globe. You can access any data at any location as long as it's on a server using the World Wide Web. That benefit highly......

Words: 681 - Pages: 3

Premium Essay

Body Products Wwd

...Ahmed Diba is the controller of the Body Products Division of World Wide Drugs (WWD). It is located in Winnipeg, which is also the headquarters of WWD. Diba is helping develop a proposal for a new product to be called Vital Hair. This product is a cream to be rubbed on the scalp to restore hair growth. Cheryl Kelly, president of the division, and Diba are scheduled to make a presentation to the WWD executive committee on the expected profitability of Vital Hair. The fixed costs associated with the development, production, and marketing of Vital Hair are $25,000,000. Each customer will pay a doctor $98 per monthly treatment, of which $68 is paid to WWD. Diba estimates WWD’s variable costs per treatment to be $28.50. Included in this $28.50 is $9.25 for potential product litigation costs. Kelly is livid at Diba for including the $9.25 estimate. She argues that it is imperative to get the R&D funds approved (and quickly) and that any number that increases the breakeven point reduces the likelihood of the Vital Hair project being approved. She notes that WWD has had few successful lawsuits against it, in contrast to some recent “horrendous” experiences of competitors with breast implant products. Moreover, she is furious that Diba put the $9.25 amount in writing. “How do we know there will be any litigation problem?” She suggests Diba redo the report excluding the $9.25 litigation risk cost estimate. “Put it on the chalkboard in the executive committee room, if......

Words: 506 - Pages: 3

Premium Essay

True Body Products

...Barbara Matuska MAN4900 Team 4 Case 3: True Body Products 2. What steps should Shade take to increase the in-store shelf space of True Body’s products? A few options for Shade to consider that will help increase in-store shelf space for her True Body’s product will involve marketing, contracting additional stores/chains to carry her products and involving the consumer through social media. Marketing: This can involve developing a campaign with attractive displays strategically positioned in stores. Also, developing a series of different packaging to make brand stand out. Quarterly sales and coupons to increase brand awareness. Expanding: Expanding to more locations and store chains would help build the brand presence in the market. Not limiting her brand to only “health cautious” stores but also make product available at convenience stores. Not everyone shops at Whole Foods, so make the product available beyond that limit of grocery store. Internet/Social Media: Encourage the consumer to stay connect to the brand and products through social media – Facebook, Instagram, and Twitter. Create an online campaign that provides giveaways by using the #truebodyproducts. Establish a transparency of company and product to inform the consumer that they are committed the brand and what is stands for. 4. Write a one page memo to Janice Shade outlining the key components of a marketing strategy that will increase her company’s in-store shelf space and its......

Words: 641 - Pages: 3

Premium Essay

World Wide Walmart

...World Wide Walmart 1 Walmart: INTERNET AND SOCIAL MEDIA USAGE Edwina Q. Rawls Capella University Foundational Skills for Business Leaders Professor Chris Banescu May 24, 2015 World Wide Walmart 2 Abstract In today’s world, being in the media is very important when trying to gain a vast customer base online. According to Pozin (2014), a great social media presence is now essential to businesses both large and small. Consumers are looking at company’s social media accounts using the same parameters they look for when searching for Mr. or Mrs. Right. Walmart is an American multinational retail corporation that operates a chain of discount department stores and warehouse stores. Headquartered in Bentonville, Arkansas, United States, the company was founded by Sam Walton in 1962 and incorporated on October 31, 1969. It has over 11,000 stores in 27 countries, under a total 71 banners. It’s the largest company by revenue, private employer, and grocery retailer. It’s known for being a one-stop shop because they sell food, clothes, electronics, and several other essential household needs. Over the years, Walmart has gained a lot more of its customers through social media and its use of the internet. They have had a lot of negative criticism about how the company is run that has overshadowed the positive. Throughout this paper, there will be discussions on several topics. How has the internet and social media effected the company? How has Walmart’s global......

Words: 1726 - Pages: 7

Premium Essay

Elkay Plumbing Products Division

...manufacturer of stainless steel residential sinks which extended its scope into various kinds of products with only a few competitors. Its Plumbing Products Division produced different level and priced sinks in three plants separately based on different process requirements and characters of products and further invented itself to become the industry’s innovator. Elkay’s main market included North America and selected international markets. In 2007, Elkay’s main outlet market begun to collapse; prices of raw materials increased sharply; Chinese competitors began to encroach on its low-end and threaten its relationships with key customers together with its pricing pressure from retailers and fabricators. All these factors severely undermined Elkay’s profitability. Since Elkay kept using a traditional standard costing system and analyzed its customer P&Ls within it, managers didn’t take well actions toward the decline in profit for they knew information provided by this system were actually inaccurate and meaningless. Due to Hrudicka’s tireless efforts and successes from two pilot projects, PPD implemented the new Discrete Product Costing by adopting the time-driven ABC system eventually. However, in may 2008, after received report about SKU profitability provided by the new system, the vice president of sales contemplated about taking action towards unprofitable customers. (为20000个顾客提供6000 SKUs products) Problem and issue: The problem that faced by Elkay’s PPD is the severe......

Words: 1262 - Pages: 6

Premium Essay

Toyota World Wide business, the company works on textile business as well where they made automatic loom and which is now working fully computerized and their electric sewing machines are available all over the world. The company now has a number of factories around the world where they manufacture and assemble vehicles within the local market for distribution. Toyota factories are located in countries such as Australia, United Kingdom, Canada, Czech Republic, Poland, United States, France, Philippines, Vietnam, China, Thailand, Malaysia, Mexico, India, Pakistan, Indonesia, Japan, Mexico, Venezuela, Argentina, Brazil, South Africa and Turkey. Apart from the above countries, the company's headquarters is located in Toyota, Aichi, Japan. Logo | | Industries served | Automotive | Geographic areas served | Worldwide | Headquarters | Japan | Parent company | Toyota motor company | Category | Hatchback, sedan, suv | Tagline/ slogan | Moving forward; Get the feeling | USP | Wide range of cars, wide service and distribution network, international presence | STP | Segment | Suv, sedan, hatchback, hybrid segment | Target group | Young executives, businessmen, urban families | Positioning | Positioned as a car manufacturer which provides power, performance along with reliability | Product Portfolio | Brands | 1. Toyota prius 2. Toyota fortuner3. Toyota innova                                     4. Toyota camry5. Toyota corolla                           6. Toyota etios7. Toyota......

Words: 6277 - Pages: 26

Premium Essay

Allentown Materials Corporation: the Electronic Products Division

...Allentown Materials Corporation: The Electronic Products Division A) Main organizational causes of EDP’s performance problems 1) Analyze the main changes occurred in EDP’s environment and explain how they impacted EDP’s strategic priorities. Allentown Materials Corp is a company with more tan a century with a steady growth and high reputation in the market by the end of the 80’s. A great deal of its success is based on a strong technological capability in the invention and manufacture of glass products supported by a strong Technical Staffs Division (R&D). It was competing through product differentiation and growing profitably (average of 10% per year) without substantial competitive pressures through premium prices of government military contracts and specialized products for OEMs. Most divisions maintained relatively small sales departments with few salespeople servicing the small number of important accounts. Many of the divisions had limited marketing efforts. The corporation operated like a relatively close-knit family; people interacted informally. Besides, Technical Staff Division (R&D) was regarded as very important by top management; growth was linked to technology. However, by the end of the 80’s, the demands of the industry began to change to a fast paced price sensitive computer, telecommunications and consumer electronics commercial market, therefore, pressures from the dynamic new market required Allentown to be a lower cost producer to......

Words: 965 - Pages: 4

Premium Essay

The World Wide Web

...The World Wide Web has made an enormous impact on communication in the past few years. Once only accessible to a few, the World Wide Web is now utilized by more than half the populations of developed countries. Originally intended to allow scientists to share information, the World Wide Web is now used by retirees to manage their stock portfolios and by school children to download their homework assignments. All indications suggest that the World Wide Web will continue to grow. Web design is a relatively new profession. Unfortunately, some believe that web design is a simple process that can be done without much training. The result is that many websites are not very user-friendly. We have all experienced poorly designed websites where pages take too long to download, text is indiscernible over a wildly patterned background, and navigation is confusing. In this course, you will learn the design principles and conventions that web design experts employ to create well-designed websites. This first chapter will provide an overview of how the Internet and the World Wide Web began and how they developed over the years. You will also learn about relevant technologies and terms related to the Internet and the World Wide Web. The World Wide Web and the Internet are not the same thing. The Internet is a worldwide computer network that links thousands of smaller networks; whereas, the World Wide Web is a system of Internet servers that support specially formulated documents. In......

Words: 1089 - Pages: 5

The Price Is Right | If Only You We season 08 episode 16 | Hunter X Hunter 14