What problems do anticipate and list five only

Assignment Help Accounting Basics
Reference no: EM132680906

Wilbrod's is a major Canadian retailer of articles for the home, including the bathroom and kitchen. It is also the most well known gift supplier in the country. Wilbrod's was founded by Wilbrod Bureau, a Franco-Ontarian from Cornwall in Ontario. The company has 90 stores across Canada, with 45 in Ontario and 35 in Quebec, and would like to open additional stores elsewhere in the country in the near future. It is the month of March: last week the company and the union signed a new collective agreement after a very bitter strike of more than four months in all the Ontario stores. This was the first time Wilbrod's had experienced a situation like this, where relations between the unionized employees and management deteriorated to such an extent. Because both the employer and the union made concessions to reach an agreement, neither party could claim to be the victor.

A number of relevant facts are set out below.

1. The union decided to launch the strike just before the Christmas holidays, believing that this decision would pressure the employer to accede to its demands;

2. The employer had prepared an excellent contingency plan; due to help from its management team, the employer was able to keep some 20% of the stores open and deliver Internet orders;

3. The employer now fears that management and the non-unionized employees will gloat over the unionized employees;

4. The managers, who had been paid for a lot of overtime, even displayed their pay checks in the window to the unionized employees, who were without any income just before Christmas;

5. Some dismissals owing to physical assault were maintained, but disciplinary measures for vandalism and more minor incidents were not enforced.

6. Even though 98% of the union's members adopted the new agreement, the unionized employees are still angry.

7. Management, particularly store managers, is worried about the first day back.

8. Everyone will be back at work in five days. Today, the company president has just asked you to implement a plan to facilitate a harmonious return to work for everyone.

  • He wants your organizational development team to handle this task because he believes these employees are perceived as being more neutral since they did not take part in the negotiations. As a result, he hopes to quickly restore an organizational climate favourable to operating a retail business. He is concerned, however, because he knows that the strength of Wilbrod's stores has always been a friendly atmosphere created by the employees, their expertise and the quality of their customer service. Wilbrod's employees are noted for knowing their merchandise and providing good advice to their customers, which as a result, encourages their customers to return. This is the most important project of your career; you and your organizational development team will have to outdo your selves. Everyone in the company will lend you a hand if you ask for help.

Problem 1. What problems do you anticipate? List five only.

Problem 2. What can you propose? What is your plan to overcome these problems?

Reference no: EM132680906

Questions Cloud

Compute the value added tax : VAT taxpayer, an exporter 150,000 D, VAT taxpayer, exports 300,000 Compute the Value added tax, if any, of A, B, C, and D. Show your solutions.
What are your thoughts on the reality : Between the "English Rule" and the "American Rule", which do you think is more fair, and why? What are your thoughts on the reality that it is sometimes.
Explain what is the noncontrolling interest share : Redfield Company reports current earnings of $420,000. Explain What is the noncontrolling interest's share of consolidated net income?
Explain to max why is a difference between the amount : Why the historic cost is used when recording the purchase of accounts receivable and the impact the fair value will have on that entry.
What problems do anticipate and list five only : Wilbrod's is a major Canadian retailer of articles for the home, including the bathroom and kitchen. What problems do you anticipate? List five only.
Explain what is realized gross profit on installment sales : Explain what is the realized gross profit on installment sales during the year? The balance being payable in equal monthly installments
How you would address the impact of a new ohs legislation : As a Manager of OHS Services, you are to address the impact of a new OHS legislation and ensure full compliance within 21 days. How would you communicate.
Determine what realized gross profit on installment sales : MUSCALA Motors,When reacquired, the car was appraised to have a fair value of P 600,000. What is the realized gross profit on installment sales during the year?
Create recommendation to the vice-president of operations : Serenity Spa Vacations Inc. Use the CPA Way to assess this situation and make a recommendation to the vice-president of operations of SSV.

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