Effective decision-making and discourage store-level theft

Assignment Help Business Management
Reference no: EM13710798 , Length: 787 Words

Case Study: Read the case study Running a Business:

Part: Graeter's Adds MIS and Financing to the Recipe

Using information from the written case and the video, thoroughly answer the following questions:

1. Graeter's uses information to track cash, sales revenue, and expenses on a daily basis. How does this type of accounting system encourage effective decision-making and discourage store-level theft? Be specific and detailed in your response.

2. While Graeter's uses Facebook and Twitter to nurture customer relationships, assume that management wants to increase its social media presence. Describe at least two types of social media activities that could help Graeter's develop its brand loyalty and monitor what people are saying about the company and its products. Who within the company should be in charge of the firm's social media activities? Why?

3. Which of the financial ratios might Graeter's, as a small privately-held corporation, want to track especially closely? Why?

4. Graeter's needed to raise several millions of dollars to buy out its franchisee after borrowing to build its new plant. One of the strategies it did not use to raise the needed funds was going public, that is, issuing an initial public offering or IPO to sell ownership shares in the firm.

What are the advantages and disadvantages of issuing stock to obtain the money needed to expand a business? Be specific and detailed in your response.

Verified Expert

Reference no: EM13710798

What kind of organization would you like to work for

What kind of organization would you like to work for? Think about its structure, physical environment, lines of communication, treatment of employees, recruitment and promoti

Scope planning and wbs documents

Give your opinion after reviewing the scope planning and WBS documents prepared by the Just-In-Time Training project team. Do these examples seem too broad or too detailed i

The impact of account payable on plant utilization

The Baldwin company wants to decrease its plant utilization for bead by 15%. how many units would need to be produced next year to meet this production goal. ignore the impact

Encompass for the company website

For each process you select, explain what the process would encompass for the company's website and why the process is critical for both the company and the online customer.

What is the total inventory cost per year

What is the optimal order size? What is the total inventory cost per year? What is the inventory turnover?hat is the inventory cycle? Find the reordering point. What would be

Passion for the outdoors and for people

Read the Case Application 1: Passion for the Outdoors and for People (end of Chapter 17). After reading the case details, prepare your report for Patagonia managers by answeri

Estimate the proportion of p registered voters

If 230 of the 1,500 responded that they would favor drilling for oil in national parks, estimate the proportion of π registered voters who would favor drilling for oil in na

Create wbs and define activities

The project charter for a project was approved for planning and you have just been assigned as project manager. Realizing that project planning is an ongoing effort througho


Write a Review

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