Philip Andersen Questions Assume that one of Philip’s clients is a married man, aged 36 with two young children, who wishes to reallocate a significant portion of his retirement funds that are currently invested in certificates of deposit. Philip recommends a growth investment, and he identifies the three representative possibilities shown in Table A. Table A Three Investment Alternatives Alternative A Alternative B Alternative C Investment Growth fund from a large investment company Growth fund from Stuart & Co. Exchange-traded fund Load or commission None 5% front-end 3% to purchase 3% to sell Average annual total returns over last 5 years (including management fee) 10.73% 10.62% 11.01% Risk Moderate …show more content…
The sentence “how far he [Philip Anderson] could bend without breaking” shows the challenge of the alone man is important for him. We could feel Philip’s desire to show ethical concerns are at least as important as costs control. Despite the demand of the branch managers to push specific products to be sold in the aim to improve cost control, Philip Anderson tries to resist managing his team with his way. The results of the man are ethically good but don’t in term of achieving budget targets. The cost control of the firm causes negative attitude, resistance and frustration of Philip Anderson because he does not agree with this control system: by managing cost, some ethical dilemmas created by Philip could be lost that is why he shows such a resistance. Then, we cannot say that Philip Anderson is a bad manager. Indeed, by reading the text, despite the new failure of his team which has not reach the targets fixed for them, this man seems to have a strong character, he used to manage a team. In my opinion, his is just not to the right place. The description of this manager suggests that the man could have built and managed his own enterprise. Indeed, we can read that Philip is “individual”, “enjoys being a manager” and he has a lot of experience in the professional word. Moreover, the man thinks of himself that he is “hard-working and loyal employee”... 1. Which of the
Ethics is the guiding force in any respectable organization. With a moral compass, especially in the leadership of organization, a company can become compromised and fall into a quagmire of legal issues, a tarnished reputation, and devaluation of company stock if it is a publically traded company. In pursuit of examine my own ethical lens I will analyze the ethical traits of an admired leader, my own traits as exhibited in the Ethical Lens Inventory, and how I make a decision concerning a particular ethical dilemma.
The following information is provided for adjustments prior to closing the books. Lopez and Knepp ask you to enter the adjustments into the spreadsheet, in the two columns to the right of the unadjusted trial balance. (CM2 uses a perpetual inventory system.)
b. What medium would you use to reach each of these parties and what would your relative resource allocation be to each?
Owens & Minor is a distributor of surgical and medical supplies to hospitals and other health care facilities. Due to changing demand from customers, the company is facing increased operating costs, which has resulted in lower profit margins and even losses. In 1993, O&M recorded an $18 million profit, which was reduced to a loss of $11 million in 1995. The entire industry is experiencing similar difficulties. In an effort to resume profitability, O&M is evaluating alternatives to “cost-plus pricing”. Cost-plus pricing does not reflect the true cost of the services provided by O&M. Customers are demanding more of O&M while
Sparkle Company is a Nigerian diamond mining company. Sparkle is a joint venture, 50 percent owned by Shine and 50 percent owned by Brighten. Both Shine and Brighten are U.S.-based companies with their functional currency being the American dollar. Sparkle Companies functional currency is that of Nigeria, being the Naira. During 2009, Sparkle had several transactions with its joint venture owners and outside parties. The details of Sparkle’s transactions are three loans, three expenditures, and one revenue stream. The loans the company took out were $1 million from Brighten, $1 million from Shine, and 300 million Naira from a local Nigerian bank. The expenditures
ASC 320-10-35-33F: “Changes in the quality of the credit enhancement should be considered when estimating whether a credit loss exists and the period over which the debt security is expected to recover.”
This case is talking about an executive retreat. It was introduced by John Matthews who was a executive had been selected to attend the two-and-a-half-week retreat. The retreat was more like a competition about academic and athletic. The team members should not only get know each other and cooperate with teammates but also need to compete with others. The whole participants were broken into five groups and their aim was to win the competition. There are several sessions about academic and athletic that the participants should complete. After the introduction part the case showed the experience of John. Before the group meeting John was wondering and worried about this retreat. When he was taking the first group meeting, he tried to learn
IgG – funtions in neutralizing, opsonation, compliment activation, antibody dependent cell-mediated cytocity, neonatal immunity, and feedback inhibition of B-cells and found in the blood.
As mentioned in the introduction of the mini case, Hobby Horse Company, Inc. (HH) experienced a tough year in 2011. HH opened up a number of new stores but experienced a poor Christmas season. Christmas season is the biggest sale period for retail stores. As a result, bad Christmas sales performance played a big part of HH’s loss for year 2011. As we computed the financial ratios for HH, we can see the effects from new stores openings and poor sales performance.
On a snowy January evening, the Midwestern Medical Group (MMG) management team held a retirement party for Judith Olsen, MMG president. During the evening, Olsen reflected back on the years she had worked for MMG with mixed feelings about her experience. Over the course of their eight-year integration
Read Rush Johnson Farms Inc. v. Missouri Farms Association, 555 S.W.2d 61 and post a draft case study to the discussion board. Identify the Facts, Issue, Holding, Reasoning and Disposition. Case study #1 will be due week 3. This exercise will help you work through the reading a case prior to receiving a grade. Use the LEXIS NEXIS database through the Webster library to access the case.
Case one is based on Nesbitt, who graduated from Brainiac University Law School. “He applied for a job at Dewey, Getem and Howe”, and was granted an interview. Dillan Dewey, who was part of the interviewing process, was so impressed with Nesbitt’s overall interview that at the end they shook hands and he stated “We are very impressed with you young man! How would you like a position with our firm?” To which he replies “I’d be honored!”.
Young Professional magazine was developed for a target audience of recent college graduates who are in their first 10 years in a business/professional career. In its two years of publication the magazine has been fairly successful. Now the publisher is interested in expanding the magazine’s advertising base. Potential advertisers continually ask about the demographics and interests of subscribers to Young Professional. To collect this information the magazine has commissioned a survey to develop a profile of its subscribers. The survey results will be used to help the magazine choose articles of interest and provide advertisers with a profile of subscribers. As a new employee of the magazine, you have been
Throughout the entire United States, it was approximated that in1995, sales alone for architectural paint coating accounts was about $5.5 billion. The architectural coatings are a mature market. The main characteristic of a mature market is a slow growth rate.
The Criminal Code section 638 grants the Crown and the prosecutor on behalf of the accused the right to challenge potential jurors for cause on grounds of impartiality and the judge should permit challenge for cause if there is reasonable belief of juror partiality.