Thomas Money
The operating decisions that must be made by Thomas Money include the level of output that the company needs to have in response to the prevailing economic conditions. The company is facing a difficult economic environment at present. Thomas Money's performance is strongly correlated with economic measures that focus on construction, such as new housing starts and new business or institutional construction. In the current environment, housing starts are entering into a long period of decline following the bursting of an unsustainable housing bubble (Byun, 2010). The one bright spot in Thomas Money's business is that there is strength in institutional construction in the health care industry, as the elderly population increases, driving increased demand for health care services (no author, 2007). However, this improvement is not enough to keep Thomas Money's customer in business and as a result the company is facing a high level of repossessions. This represents lost income for Thomas, and worse yet this is income that had been expected. In the current environment, characterized by low demand, it is unlikely that Thomas will realize significant value from the equipment it has repossessed. Most likely, this equipment will be auctioned at a low price to recoup something from the equipment. As a result, setting production levels is important for Thomas Money, because there are high costs associated with overproduction.
It is recommended at this point in time that Thomas Money focus on the most pressing issues in its operating environment, that being the lack of demand. The company is vertically integrated, which means that its different businesses are all related. Thus, when industry demand slumps, Thomas Money will suffer in all of its businesses. The finance business in particular will suffer as finance rates are used as a loss leader for the equipment. Thus, Thomas Money needs to undertake two key strategies. The first is that the company needs to decrease production in accordance with the reduced demand in the industry. The company does not want...
These include lack of emergency calling, call security, and sound quality. Because VoiP providers, including Skype, are a bypass to the conventional phone system, they do not typically provide emergency calling services (Schueneman, no date). Thus, the firm will have a more difficult time accessing police or fire services. It must be considered how often such services are needed by the office. The second consideration is with respect to call
decision was in favor of the plaintiff, McCalif Grower Supplies, Inc. (McCalif). The court ordered the defendant, Wilbur Reed (Reed) to pay McCalif's invoice for the poinsettas. However, Reed appealed, and won the repeal. The court ordered a reverse and remand for damages made in the initial counterclaim. The appellate decision was made based on consequential damages due to seller's breach related to perfect tender requiring that, "the seller
Jefferson A Talk with Thomas Jefferson: Understanding and Explaining the U.S. Government from a Centuries-Old Perspective TJ: Did it work? Am I here? Did I make it as far as I intended? I told Sally to turn the crank as fast as she could, but I'm not sure my temporal advancement device is functioning properly and that Hemmings girl has a mind of her own, sometimes. ME: Umm if you mean you built
76). As automation increasingly assumes the more mundane and routine aspects of work of all types, Drucker was visionary in his assessment of how decisions would be made in the years to come. "In the future," said Drucker, "it was possible that all employment would be managerial in nature, and we would then have progressed from a society of labor to a society of management" (Witzel, p. 76). The
budget components (Policy Document, Financial Plan, Operating Plan, Communications Device), rank them in order of importance in your opinion and justify your rank order. Rank 1: Policy Document: The Policy Document is synonymous with a Budget Document. The budget document can be a line item detailed listing of every expenditure for every department within the government operation. The document conveys the policies and procedures of the administration and outlines its
Financial Officer For most parts of history, government financial executives have been taken as scorekeepers, and made responsible for collecting, processing and reporting the financial information that used by elected officials and senior managers who use them in making their decisions. The question is whether their role has now changed with the present importance of information technology. (From Scorekeeper to Business Partner: The Evolving Role of Government Financial Executives) Now there is
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now