Premium Essay

Forward Software Settlement or Else

In: Business and Management

Submitted By sagarvatkar
Words 706
Pages 3
Risk Management: Case Analysis Submission (Forward Software) 1. Introduction and problem statement
Focus software with its Focus A-B-C is the current market leader in the spreadsheet market. Focus Software, being the first mover with its intuitive menu system with functionality like macros had the largest market share with only one flaw, of printing graphs. Discount Software, with its VIP Scheduler had the same menu system to ease the user in making the transition to its software whereas Cinco, a Forward Software product, gave the users the options of either using its own menu system or a Focus style menu system with all the functionalities like and inbuilt graph printing ability.
With the current legal proceedings initiated by Focus Software against one of its competitor, Discount Software, on the basis of copyright infringement regarding the menu system, the CEO of Forward Software is contemplating with decisions on how to tackle the problem. The CEO has the option of engaging the services of a law firm to find its likelihood of wining the case in case it is sued. Whether it engages its services o r not, Forward Software could go for initial settlement without waiting for the outcome of the trial or wait for the trial. If it waits for the trial, either Focus wins the case or it loses. If Focus wins the case, Forward either go for initial settlement or it could go for trial. In case Forward Software goes to trial, it can either win the case or loose. 2. Recommendations
We have constructed the tree diagram based on the given data. Any missing probability from the given problem statement is calculated using Bayes Theorem. Based on the following key outcomes we make the following recommendations: Details | EMV (in millions) | EMV without research | $ 4.5 | EMV with research | $ 3.936 | Maximum EMV of research | $ 0.564 |

* Sam should not…...

Similar Documents

Premium Essay

Case: Settlement

...in the accounts, then the settlement amount should be considered in estimating the amount of liability recognized in the financial statements at the balance sheet date. The investigation was held in 2010 before the end of fiscal year on Mar 31, 2011. The $3.7 million of settlement was offered in April 2011, before CPAs-R-Us completed its procedures and issued the audit report for the year ended March 31, 2011. The government did not accept offers to settle before finalizing its investigation, as a result, Fast Eddie should accrue a liability as of Mar 31, 2011. According to ASC 450-20-25-2, the required accrual liability would be $3.7 million. An estimated loss from a loss contingency shall be accrued by a charge to income if both of the following conditions are met: a. Information available before the financial statements are issued or are available to be issued (as discussed in Section 855-10-25) indicates that it is probable that an asset had been impaired or a liability had been incurred at the date of the financial statements. Date of the financial statements means the end of the most recent accounting period for which financial statements are being presented. It is implicit in this condition that it must be probable that one or more future events will occur confirming the fact of the loss. b. The amount of loss can be reasonably estimated. 450-20-50-10 talks about Litigation, Claims, and Assessments. As a result, the settlement is a recognized......

Words: 663 - Pages: 3

Premium Essay

Nothing Else

...and sounding-line, and you waited with beating heart for something to happen? I was like that ship before my education began, only I was without compass or sounding line, and no way of knowing how near the harbor was. “Light! Give me light!” was the wordless cry of my soul, and the light of love shone on me in that very hour.Helen Keller If the only tool you have is a hammer, you tend to see every problem as a nail.Abraham Maslow You can teach a student a lesson for a day; but if you can teach him to learn by creating curiosity, he will continue the learning process as long as he lives.Clay P. Bedford Aim for success, not perfection. Never give up your right to be wrong, because then you will lose the ability to learn new things and move forward with your life. Remember that fear always lurks behind perfectionism.David M. Burns A teacher affects eternity; he can never tell where his influence stops.Henry B Adams Keep away from people who try to belittle your ambitions. Small people always do that, but the really great make you feel that you, too, can become great.Mark Twain The first problem for all of us, men and women, is not to learn, but to unlearn.Gloria Steinem Children have never been very good at listening to their elders, but they have never failed to imitate them.James Baldwin Education is a progressive discovery of our own ignorance.Will Durant The difference between school and life? In school, you’re taught a lesson and then given a test. In life, you’re given a......

Words: 641 - Pages: 3

Premium Essay

Pay It Forward

...One of my favorite figures, Ralph Waldo Emerson, wisely wrote, “In the order of nature we cannot render benefits to those from whom we receive them, or only seldom. But the benefit we receive must be rendered again, line for line, deed for deed, cent for cent, to somebody” and this is exactly what “paying it forward” is. Kant says that morality is not just doing the right thing by helping other people, but doing it for the right reasons as well: simply because it is the right thing to do. He holds true that for an action to be moral, it must be done out of a principle which can be applied to everyone equally, a maxim that can be willed to become a universal law. The movie and the book, Pay it Forward, progressively rises towards the moral standards of Kant as the characters come to understand the meaning of this movement and their duty to the world. I saw a bumper sticker the other day that said, “Think globally, act locally.” That is what the kids in Mr. Simonet’s class are really being assigned to do and that is what the Pay it Forward movement demonstrates. We are all connected to each other. The world may be broken but in watching and helping those around us for the right reason, the benefits spread worldwide. Kant agrees that the world is broken, that the human condition is flawed or Trevor in the beginning says, “the world is shit.” Trevor looks at all the bad around him; the trailer homes, the bullies, all the starving homeless people. His mom is a drunk and working......

Words: 3169 - Pages: 13

Premium Essay

Software

... Chinyere repper. Software for Business. MS PROJECT (PROJECT PLANNING) Microsoft Project is a project management software program, developed and sold by Microsoft, which is designed to assist a project manager in developing a plan, assigning resources to tasks, tracking progress, managing the budget, and analyzing workloads. Microsoft Project was the company's third Microsoft Windows-based application, and within a couple of years of its introduction it became the dominant PC-based project management software. While part of the Microsoft Office family, it has never been included in any of the Office suites. It is available currently in two editions, Standard and Professional. Microsoft Project's proprietary file format is mpp. Microsoft Project and Microsoft Project Server are the cornerstones of the Microsoft Office Enterprise Project Management (EPM) product. Microsoft Project 2010 features the Ribbon user interface. Microsoft Project management software is closely integrated with Microsoft Office suite and also includes a Client Access License (CAL) that allows easy connection with Office Project Server. It is a project management software that is mainly used to create plans, monitor progress, analyze workloads, designate resources to tasks and manage budgets. The software also helps in establishing critical path schedules and may also be......

Words: 841 - Pages: 4

Free Essay

Settlement of International Commercial Disputes

...INTERNATIONAL COMMERCIAL ARBITRATION 5.9 Electronic Arbitration ii Dispute Settlement NOTE The Course on Dispute Settlement in International Trade, Investment and Intellectual Property consists of forty modules. This module has been prepared by Mr. O. Cachard at the request of the United Nations Conference on Trade and Development (UNCTAD). The views and opinions expressed in this module are those of the author and not necessarily those of the United Nations, WTO, WIPO, ICSID, UNCITRAL or the Advisory Centre on WTO Law. The designations employed and the presentation of the material do not imply an expression of any opinion whatsoever on the part of the United Nations concerning the legal status of any country, territory, city or areas or of its authorities, or concerning the delimitation of its frontiers or boundaries. In quotations from the official documents and the jurisprudence of international organizations and tribunals countries are designated as reported. The United Nations holds copyright to this document. The course is also available in electronic format on the UNCTAD website (www.unctad.org). Copies may be downloaded free of charge on the understanding that they will be used for teaching or study and not for a commercial purpose. Appropriate acknowledgement of the source is requested. UNCTAD/EDM/Misc.232/Add.20 Copyright © United Nations, 2003 All rights reserved 5.9 Electronic Arbitration iii TABLE OF CONTENTS Note What you will learn 1...

Words: 25410 - Pages: 102

Free Essay

Software

...society. It should feel its responsibility to educate the society in a positive way. It should be giving us fair analysis and factual information. Media plays a vital role our society and is a part of our life. Media is a bridge between the governing bodies and general public. It is a powerful and flexible tool that influences the public to a great extent. Media is voice of the voiceless and a great force in building the nation. As Mark Twain has said: “There are only two forces that can carry light to all the corners of the globe... the sun in the heavens and the Associated Press down here”. No doubt about this because media is the only powerful medium in Pakistan that can change the minds of people so that instead of waiting for someone else we all participate in making this country a successful part of world. In year 2002 when media was not as popular as it is now, common man didn’t know annals of what is happening around. The loads of information have become possible because of media that we know every single story of the world. We have the access to all the international news channels that provide us the facts and figures. Now coming to the importance of media I must say that media and judiciary are two independent pillars to save the country from sudden slippage. Judiciary put down number of good decisions in her little age of independence which is only one year. Whereas media is older than judiciary and it shows no positive alterations in people's attitude......

Words: 1445 - Pages: 6

Free Essay

Softwares

...Comma Alt-Shift-Period / Comma Ctrl-Shift-1/2/3 Ctrl-[ Ctrl-K/Ctrl-Shift K Alt-Left/AltRight/Ctrl-Q Alt Up / Down Search word at insert point Find next/previous in file Find/Replace in file Find usages Find/replace in projects Find usages results Turn off search result highlights Rename Convert selection to uppercase Convert selection to lowercase Toggle case of selection Paste formatted Show Clipboard History Jump to quick search field Copy file path Go to type/file Go to JUnit test Go to source Go to declaration Go to line Toggle add/remove bookmark Next/previous bookmark Next/previous usage/compile error Select next/previous element Select in Projects/Files/Favorites Move caret to matching bracket Next/previous word match Go backward/forward/to last edit Next/previous marked occurrence Coding in C/C++ Alt-Shift-C Ctrl-F9 Coding in Java Alt-Insert Ctrl-Shift-I Alt-Shift-I Alt-Shift-F Alt-Shift Left/ Right/Up/Down Ctrl-Shift-R Ctrl-Shift-Up/D Ctrl/Alt-F12 Ctrl-/ Ctrl-E F9 F11 Shift-F11 Ctrl-Q Ctrl-Shift-U Ctrl-F6/Alt-F6 F6/Shift-F6 Ctrl-Tab (Ctrl-`) Shift-Escape Ctrl-F4/Ctrl-W Ctrl-Shift-F4 Shift-F10 Ctrl-PgUp / PgDown Ctrl-Alt-T Generate code Fix all class imports Fix selected class's import Format selection Shift lines left/right/up/down Rectangular Selection (Toggle) Copy lines up/down Inspect members/hierarchy Add/remove comment lines Delete current line Compile package/ file Build main project Clean & build main project Set request parameters Create Unit test Run Unit......

Words: 951 - Pages: 4

Free Essay

Settlement Geography

...Settlement Geography Jon-Carlo Steele Pennett Due: 17th April 2012 Settlement Geography A settlement is a grouping of people; activities; building structures and communication networks that function together on a daily basis as a single integrated system. This essay will look at how three settlements, Cape Town; Grabouw and Stanford compare with each other. Cape Town; Grabouw and Stanford are located within the Western Cape Province of South Africa. Cape Town is a very built up area and is a major Metropolitan. Cape Town is also a break of bulk settlement and can be seen as a specialized city that is multi-functional because it serves many functions. Grabouw and Stanford are not as built up as Cape Town. They have fewer high order good and services. This places them both lower on the hierarchy of urban settlements. They can be seen as minor country towns that supply goods and services to the surrounding rural population, so they are also seen as central places. Due to Cape Town being so well built up compared to Grabouw and Stanford, It has a lot more land-use-zones that can be clearly identified. Cape Town has a large CBD with many tall, high rise buildings; situated on a grid iron street pattern; accessible but contains a lot of traffic during peak hour. Cape Towns upper residential zone has large 2-3 story houses that are situated on a planned irregular street pattern that is fairly close to the CBD, such as Higgovale. Cape town’s transition zone is situated......

Words: 347 - Pages: 2

Free Essay

Software

...HACKING SECRETS REVEALED Information and Instructional Guide HACKING SECRETS REVEALED Production of  S&C Enterprises T able of Contents Disclaimer Introduction i Trojans Joiners ICQ CHAPTER 1 1 Chapter 6 Access Granted CHAPTER 2 1 15 18 18 19 19 19 19 CHAPTER 7 42 43 44 45 49 55 59 Bank Account Information Email Pictures Resume Survellance Via Internet Connection 36 37 39 39 39 40 29 34 34 System Intrusion in 15 Seconds The Trojan Horse The Hack NewsGroups Grapevine Email Un-Safe Websites IRC ChatSites CHAPTER 3 20 20 Acceptable Files Readme & Text Files How To protect Yourself Firewalls Antivirus Software Tips & Tricks Protecting Shared Resources Disabling File and Printer Sharing Oh No My system's Infected Chapter 4 Who are Hackers Anarchist Hackers Hackers Crackers 24 24 25 26 Chapter 8 Every Systems Greatest Flaw Chapter 9 How to Report Hackers 65 60 Chapter 5 Tools of the Trade Portscanners 27 28 Chapter 10 Final Words 74 DISCLAIMER The authors of this manual will like to express our concerns about the misuse of the information contained in this manual. By purchasing this manual you agree to the following stipulations. Any actions and or activities related to the material contained within this manual is solely your responsibility. The misuse of the information in this manual can result in criminal charges brought against the persons in question. The authors will not be held responsible in the event any criminal charges be brought against any......

Words: 11585 - Pages: 47

Premium Essay

Currency Forward

...Currency Forward DEFINITION OF 'CURRENCY FORWARD' A binding contract in the foreign exchange market that locks in the exchange rate for the purchase or sale of a currency on a future date. A currency forward is essentially a hedging tool that does not involve any upfront payment. The other major benefit of a currency forward is that it can be tailored to a particular amount and delivery period, unlike standardized currency futures. Currency forward settlement can either be on a cash or a delivery basis, provided that the option is mutually acceptable and has been specified beforehand in the contract. Currency forwards are over-the-counter (OTC) instruments, as they do not trade on a centralized exchange. Also known as an “outright forward.” INVESTOPEDIA EXPLAINS 'CURRENCY FORWARD' Unlike other hedging mechanisms such as currency futures and options contracts – which require an upfront payment for margin requirements and premium payments, respectively – currency forwards typically do not require an upfront payment when used by large corporations and banks. However, a currency forward has little flexibility and represents a binding obligation, which means that the contract buyer or seller cannot walk away if the “locked in” rate eventually proves to be adverse. Therefore, to compensate for the risk of non-delivery or non-settlement, financial institutions that deal in currency forwards may require a deposit from retail investors or smaller firms with whom they do not have a...

Words: 648 - Pages: 3

Free Essay

Squatter Settlements

...Taylor Canseco PLN 371 Rajinder S. Jutla Term Paper Squatter Settlements: The Worlds Largest Unknown Population In talking to many of my peers around the Missouri State campus, I wanted to know what people thought were some of the worlds largest populations. While gathering several answers, the questions asked were never necessarily specific. Answers ranged from religious populations, ethnic populations, and country populations. The reason for the questionnaire was so that people could be informed about one of the worlds largest populations; the residents of squatter settlements all around the world. With the world population nearly reaching 7 billion, almost 1/6th of these people have found a way to live in illegally built cities. While some of these cities have found ways to create peace and fluency, such as the Favelas of Brazil, many have planning issues that planners hope to one day solve. Although they are not the typical modern day cities, squatter settlements have formed some of the most fluent new urban ways of life around the world. Louis Wirth, author of one of planning’s earliest journal articles “Urbanism as a Way of Life” (actually a sociology journal), stated that there were three basic principles when it came to defining urbanism. Population size, density, and the heterogeneity of an area is how new urbanism is built. In this paper we will use these three principles, rational thinking, and the basic planning process to view how over 1 billion squatters...

Words: 2569 - Pages: 11

Free Essay

Trading and Settlement

...Understanding the Rolling Settlement Chapter 6 Understanding the Rolling Settlement Learning Objectives: After reading this chapter, you should be able: 1. To identify the various segments into which the market is divided. 2. To recognize the activities performed at various stages of trading, clearing, settlement and post settlement in various markets. 3. To apply the knowledge of the working of the market in real life situation. 4. To examine the present system in the light of historical perspective. Your guide engine to learning: 6.1 6.2 Introduction Trading Activities (T day) 6.2.1 6.2.2 6.2.3 6.3 Clearing Activities (T+1 day) 6.3.1 6.3.2 6.4 Pay-in and Pay-out of Funds Pay-in and Pay-out of Securities Direct Pay-out to Investors Post Settlement Activities (T+3 to T+9 day) 6.5.1 6.5.2 6.1 Unilateral Netting Multi lateral Netting Settlement Activities (T+2 day) 6.4.1 6.4.2 6.4.3 6.5 Opening of Trading Account Placing the Order to Buy/Sell Collecting Charges Auction Close-out Procedures Introduction As we have already read in the previous chapter, that under rolling settlement, all trades executed on a trading day are settled X days later. This is called ‘T+X’ rolling settlement, where ‘T’ is the trade date and ‘X’ is the number of business days after trade date on which settlement takes place. The rolling settlement prevailing in India is T+2, implying that the outstanding positions at the end of the day ‘T’ are compulsorily settled 2 days after the......

Words: 6843 - Pages: 28

Free Essay

Int'L Settlement

...COM EUCP_RECS@DRESDNER-BANK.COM should be shown as EUCP(UNDERSCORE)RECS(AT)DRESDNER-BANK.COM The specification of each new item should begin on a new line, preceded by the sign ’+’. EXAMPLE :47B:+NOT SUBJECT TO ICC UCP500 :47B:+SUBJECT TO ICC EUCP VERSION 1.0 MT 701 Examples There are no examples for this message type. 5 February 2007 37 Category 7 - Documentary Credits and Guarantees for SWIFTStandards MT October 2007 MT 705 Pre-Advice of a Documentary Credit MT 705 Scope This message is sent by the issuing bank to the advising bank. It is a brief advice of a documentary credit, the full details of which will follow. The pre-advice is not an operative credit instrument. Unless otherwise stated, the issuing bank must forward the operative credit instrument, ie, MT 700 Issue of a Documentary credit, without delay. MT 705 Format Specifications MT 705 Pre-Advice of a Documentary Credit Status M M M M M M O O O O O O O O O Tag 40A 20 31D 50 59 32B 39A 39B 39C 41a 44A 44E 44F 44B 44C Field Name Form of Documentary Credit Documentary Credit Number Date and Place of Expiry Applicant Beneficiary Currency Code, Amount Percentage Credit Amount Tolerance Maximum Credit Amount Additional Amounts Covered Available With... By... Place of Taking in Charge/Dispatch from.../Place of Receipt Port of Loading/Airport of Departure Port of Discharge/Airport of Destination Place of Final Destination/For Transportation to.../Place of Delivery Latest Date of Shipment 24x 16x......

Words: 57402 - Pages: 230

Free Essay

Thinking Forward

...Desmond Scott Professor Barley English-1A 16 June 2016 Thinking Forward The question is to have or to have not, to become or succumb, to thrive or to survive. The United States is an interesting case of the “haves” and the “have nots” considering it’s one of the wealthiest nations in the world and yet there are still those who sleep on the street. Bambara’s illustration in “The Lesson” serves as an exposé on the mentality, self-esteem, and environment primarily of the “have nots.” The pivotal point in the story is that the children are introduced to a new, yet profound truth. That truth is this: There’s more to life than just the ‘hood. Though the story took place roughly 4 decades ago it’s quite obvious that there are still inequalities in America. A general explanation of this issue would be that we still have an upper-class, middle-class, working-class, and lower-class which indicates the unequal distribution of wealth. However, as it relates to this particular story despite the main inequality of in the story, Bambara presents a dichotomy of two different groups of people with two different realities colliding head-on. When Sugar says “You know, Miss Moore I don’t think all of us here put together eat in a year what that sailboat costs.”(Bambara 7) She indicates that she and the other kids live in a reality where their families live paycheck to paycheck and to even think of something a nice as F.A.O. Schwarz is a pipe dream. On the other hand, Ms. Moore lives in a......

Words: 1413 - Pages: 6

Free Essay

Settlement Geography

...Jon-Carlo Steele Pennett Due: 17th April 2012 Settlement Geography A settlement is a grouping of people; activities; building structures and communication networks that function together on a daily basis as a single integrated system. This essay will look at how three settlements, Cape Town; Grabouw and Stanford compare with each other. Cape Town; Grabouw and Stanford are located within the Western Cape Province of South Africa. Cape Town is a very built up area and is a major Metropolitan. Cape Town is also a break of bulk settlement and can be seen as a specialized city that is multi-functional because it serves many functions. Grabouw and Stanford are not as built up as Cape Town. They have fewer high order good and services. This places them both lower on the hierarchy of urban settlements. They can be seen as minor country towns that supply goods and services to the surrounding rural population, so they are also seen as central places. Due to Cape Town being so well built up compared to Grabouw and Stanford, It has a lot more land-use-zones that can be clearly identified. Cape Town has a large CBD with many tall, high rise buildings; situated on a grid iron street pattern; accessible but contains a lot of traffic during peak hour. Cape Towns upper residential zone has large 2-3 story houses that are situated on a planned irregular street pattern that is fairly close to the CBD, such as Higgovale. Cape town’s transition zone is situated around the oldest parts...

Words: 1628 - Pages: 7

Moto: accessori | Feliz Dia De Tu Muerte BluRay-Screeener | Mando ps4 v2