What is meggamartresponse to the concerns of some residens

Assignment Help Accounting Basics
Reference no: EM132464469

Junctionville Memo

  • Junctionville was struggling; small factories in this community in the southeast United States were closing as their jobs moved to low-wage Asian countries. Some residents moved away to seek work, which resulted in a 10% population decline and the closing of some local retailers.
  • Then, several years later, Junctionville was selected as the location of a major automotive assembly plant that was being moved from the high-cost, industrial Midwest to the lower cost, nonunion Southeast. The plant is up and operating, and Junctionville is growing again. New subdivisions and businesses are springing up to support the increasing population.
  • Recently, Junctionville and two other nearby communities were contacted by representatives for MeggaMart, who want to open a new supercenter store. MeggaMart is a large, global chain that sells groceries and every household, yard, and garage item imaginable at low prices. You are a member of the MeggaMart public relations (PR) staff. You just got off the phone with the director of PR for MeggaMart who told you that Junctionville would hold a public hearing in a month on the request to build the new store, and she would like you to speak for the company at the hearing.
  • She also told you that while MeggaMart had approached three communities, their preference was Junctionville because of its proximity to the assembly plant and a particularly favorable available site for the store. She also told you there was some opposition because of potential traffic and noise since the proposed site was near a new residential area. Some residents were concerned about who would be attracted to the area late at night since the store would be open 24 hours a day due to shift work at the assembly plant.

Question 1: Prepare a business memo to the director of PR for approval, and outline the important points you think you should bring up at the hearing. Your memo should be able to answer the questions below.

Question 2: What are the benefits to the community of the store?

Question 3: What is MeggaMart's response to the concerns of some residents?

Question 4: Should MeggaMart offer any concessions to address residents' concerns, and, if so, what are they?

  • Click here to access the memo template for this assignment. Your business memo should be at least one page in length and follow APA guidelines. Use at least one outside source.
  • Information about accessing the grading rubric for this assignment is provided below.

Reference no: EM132464469

Questions Cloud

Accounting firm computer network : For each of the following, state whether you think X is a Binomial random variable, Poisson random variable or neither.
Determine how companies are adopting lean practices : Determine how Companies are adopting lean practices, including inventory management, to improve their operations.Do you think these principles would help manage
Breakeven volume between option 1 and option 2 : What is the breakeven volume between option 1 and option 2? You should calculate this answer, but be sure you verify with your graph.
Which statistical test should be used to analyze the data : As a researcher I am interested to know whether participating in sports positively influences self-esteem in young girls. I go ahead and identify a group
What is meggamartresponse to the concerns of some residens : What is MeggaMart's response to the concerns of some residents?Should MeggaMart offer any concessions to address residents' concerns, and, if so, what are they?
What is the probability that a randomly chosen 10 year : 2.24 Heights of 10 year olds. Heights of 10 year olds, regardless of gender, closely follow a normal distribution with mean 55 inches and standard deviation 6 i
Compute the mean and standard deviation : A sample consists of the following n = 7 scores: 5, 0, 4, 5,1, 2, and 4. (a) Compute the mean and standard deviation for the sample
How will know that a change is an improvement : How will we know that a change is an improvement?What changes can we make that will result in improvement?What are we trying to accomplish?
Alternative hypothesis for a null hypothesis stating : What is the alternative hypothesis for a null hypothesis stating that the average time a person keeps a cell phone is at most three years?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd