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MoviesPlus, Inc. is in its third year of business. The company offers DVD rental to online customers for a fixed monthly fee. For $20 per month, a customer receives three DVDs each month, one at a time as the previous one is returned. No matter how many DVDs a customer uses (up to three), the fee is fixed at $20 per month. Customers sign a contract for a year, so MoviesPlus recognizes sales revenue of $240 each time a customer signs up for the service. The owner of MoviesPlus, Bob Colbert, has heard about GAAP, but he does not see any reason to follow these accounting principles. Although MoviesPlus is not publicly traded, Bob does put the company’s financial statements on the company’s Web page for customers to see. Explain how MoviesPlus would account for its revenue if it did follow GAAP. Explain to Bob Colbert why he should use GAAP, and describe why his financial statements may now be misleading. Do you see this as an ethical issue? Explain.
Analyze the steps involved in the night audit and make at least one recommendation for improving the process.
Recently, Phil Harris, the Production Control Manager at Brunswick, read an article on Time-Phased Requirements Planning. He was curious about how this technique might work in scheduling Brunswick's engine assembly operations.
All-American Clothing Co. manufactures, operates, and sells exclusively within the borders of the United States. During a job interview for this company, you mention that you just took a class in which globalization was one of the main topics. The in..
Why is operations management relevant to managers in other organization functions? Base your discussion on your experience of operations within your organization or an organization with which you are familiar.
After reading section 4.2 in your textbook, view the video clip entitled "Made for You Process Implementation Featuring McDonalds" on the student companion website. Did McDonalds transition from an MTS to MTO process or vice versa
Some people argue that organizations can develop their own corporate culture, and that doing so will make differences in country cultures irrelevant to effectively managing human resources. Do you agree? Explain your opinion.
The CEO, knowing that professional logistics expertise has been missing from her organization, has asked you to prepare a PowerPoint Presentation of 10-15 slides for the rest of the senior and middle management teams.
The Green Organization has contracted with you to develop a training program for improving performance and effectiveness in their regional offices globally in the Real Estate Group. The Group accounts for over 10% of gross revenues to the organizatio..
What if anything do you think it says about the ethics of a company that decides to relocate to or to remain in a country where "gratuities" are the order of the day?
The number of visitors at a theme park by season and year has been recorded and is given in the following table and Compute seasonal index for Summer.
diversify into businesses that can perform better under a single corporate umbrella than they could perform operating as independent, stand-alone businesses.
Where does the strategy consulting firm concentrate its efforts within the processes of strategy assessment, formulation, decision making, implementation, and evaluation
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