In the fall of 1977, Michael Stephens, sole proprietor of Stephens Construction, asked Warren Sanders, a local real estate broker, to find a large piece of land that would be suitable for development into a single family residential project. Sanders located several parcels and found a homestead staked and owned by Robert and Arlene Cross. Sanders contacted and met with Robert Cross in February of 1978 and stated that he was looking for land for a developer and had asked Cross to sign a listing agreement, but he refused. In September of 1978, Anders contacted Cross again and showed an offer from Stephens. Cross rejected this and two following offers.…
I think that the owner does need to know a medium amount of knowledge because he needs to be able to handle things wisely. What you know is what you can do.…
Managers are most likely to step across ethical and legal boundaries when the pressure to perform is great. Pressure can be healthy but companies that set high-performance targets and grant large rewards for achieving these must have strong control systems to ensure that people are not tempted to cross boundaries. What are the four important control systems? Please identify each control by name.…
2. Evaluate Jefferies pricing considerations for the upgrade. Are there other pricing factors that Jefferies might consider?…
The Root-Beer Distribution Game, as played by the author and used as the basis for this report, is an on-line adaptation of the Beer Distribution Game originally created in the 1960’s by Jay Forrester, et al, of the MIT Sloan School of Management.…
The brewing industry can be characterized by Porter’s Five Forces framework. New entries to brewing have a relative ease in creating home micro-breweries, which is aided by the simplicity of the brewing process. Micro-breweries are measured as producing less than 15,000 barrels of beer per year with 75% or more of the beer sold off-site. However, in order to mass produce beers to competitive market levels, more expensive technologies are needed. This provides some protection to established firms in the industry. In addition, the expert knowledge of the brew-masters in the established firms takes years of hands-on experience to acquire, knowledge which is not readily available to most new entrants.…
There is a lot of tragedy surrounding WV Steel Company lately. National Construction (our of Colorado) is building a new football stadium. The opt to buy and use cables that were approved by a contractor for WV Steel. After the stadium is built the upper deck collapses and injures and kills civilians watching the game. National is now under a lot of pressure from lawsuits stemming from the incident. To make matters worse Jessica crashes her car on the way to a meeting due to negligence when driving. She hits a school bus and the bus driver and some children on the bus end up being hospitalized.…
Several concerns came to light as Chris was researching the new product and the target market it would serve. He found MMBC to be mostly desired by 45-54 year-old males with low to medium income level. Small percentage of blue-collar customers were found to have the highest customer loyalty with largest sales percentage. Even though the results of this research showed strong brand loyalty and support of “anti-big-business” values, Chris knew that MMBC would need to capture more customers in order to stay competitive and improve sales. Research showed that early to late twenties population preferred light beer to any other. This would also be more attractive to female customers who prefer light beer to any other. Even though Chris…
The problems can be defined in terms of macro; issues having to do with leadership, resources, and the surrounding infrastructure, and micro, which include internal issues such as employee training, empowerment and organizational processes. (Packard 2005). The macro issue is that there is a difference in opinion on whether or not the “beer bust” is an appropriate means of rewarding the company’s employees. Stan and Erin, the founders of Quantum Software, feel that this time is beneficial because it provides an opportunity to “encourage the team concept” (Brown & Harvey, 1995). Bill however, after witnessing an employee stumbling as a result of his drinking, questions the company’s liability of providing alcohol during the workday. The micro issue, although not specifically stated in the study, is that coworkers are subject to seeing each other as well as members of management in an intoxicated state; creating a situation where professional integrity could be compromised.…
At WVE Consulting, we as a company strive to help companies find solutions that improve their companies’ daily operations while also guiding companies to look into untapped opportunities that have potential to maximize profit in the long run. After reviewing over Mountain Men case, we were able to conclude that Chris needs help convincing senior management team that Mountain Beer Light will generate profit within a two year time frame.…
There is a possibility that Larry’s alcohol consumption may have a negative influence on his work performance. Therefore, the manager also needs to address the legal aspects, such as the negligence laws for unsafe and harmful conditions and situations in the workplace that could occur. He needs to keep…
In JC’s casino the absenteeism and high volume of overturns have caused counterproductive behavior. The retention at the casino caused money and time to be wasted, because management had to spend more money for recruiting new employees. The casino can also lose money because of the absenteeism, it causes problems with production because there is no staff on the floor. The absenteeism also causes a problem for the other employees filling in, they can be psychologically affected because there is a high volume of stress and pressure on them. The consultant knows Joe the pit boss is not a team player and he is the reason why the casino is losing employees. The behavior of Joe is a counterproductive behavior because Joe has no communication skills, and this caused problems with Joe and the employees, there is no respect between them. The counterproductive behavior that Joe displays can damage the reputation of the casino if there is not something done. Once the manager knows the problem it is their responsibility to reduce the counterproductively behavior. The manager documents the problem and writes down a solution to the problem to help him discuss behavior and explain how it affects the employees. The manager will issue a referral to the employees assistance program to discuss…
The executives of Burger Barn have attempted to implement some new changes to Creamy Creations in a positive light. However, some of these changes risk having an impact on the rosy future they foresee for Creamy Creations. Currently, Creamy Creations is still profitable and the financial numbers have rose since they took over management, but there are few things I do not think Burger Barn put any consideration into when they looked at the current state of the business and the future they foresee if business continues down the glories trail it is on currently.…
| Threats * Increase in Drunk-driving laws * Competitors increasing market share * U.S. Industry * Mergers and acquisitions of other breweries * Other Breweries are becoming much larger than Heineken’s Brewery * “In danger of becoming a tired, reliable, but unexciting brand” * John A. Quelch…
This particular casino is in disarray as the result of unpredictable staffing issues, which essentially caused the casino dealers to leave. In fact, the dealers obtain employment…