What is the general nature of the problem

Assignment Help Case Study
Reference no: EM13929809

Case Analysis: Conference Decision Case

In less than two weeks, an accounting system user's conference is scheduled to be held in New Orleans, Louisiana on September 13-16, 2005. Unfortunately, Hurricane Katrina has struck the city leaving a wake of destruction. Based on what you see on television, the hotel and the city cannot possibly accommodate this or any conference for the foreseeable future.

Approximately 200 attendees are scheduled to attend, flying in from all over the country. All attendees prepaid their registration fee for the conference.

With a lot of competition in the marketplace, getting the users to participate in the annual user's conference is critical to retain current customers. During the conference, several product enhancement ideas are developed by the users, and this input is often used in future releases of the product.

Potential new customers are invited to the event, and their involvement often leads to securing new contracts for the accounting system as they gain confidence in the system, seeing others use it.

As head of the group that puts on the conference, you are faced with making a determination of what to do with this year's conference. You are getting calls from the registered attendees asking what to do.

Senior management feels that the conference is critical to ensure continued customer engagement and fears that cancelling the conference altogether will lose the momentum the company has developed over the past few years.

Other considerations:

· Keeping the original dates and moving to a different city may drastically increase costs due to the short advanced notice. Will people cancel because of the higher hotel costs?

· If the date is changed, will the speakers and attendees still be able to attend?

· Having worked with the local Convention & Visitor's Bureau and the hotel, you worry about how their businesses will survive with all of this destruction and wonder what you can do to help.

For this week's Case Analysis:

1. Define the decision problem.

2. As part of defining the decision problem, the following questions should be addressed.

o What is the general nature of the problem?

o What event triggered the situation?

o Are we imposing any constraints on the situation?

o What are the underlying elements of the problem?

Are there dependencies on other decisions?

Reference no: EM13929809

Questions Cloud

What percentage of accounts receivable did papa john : What percentage of accounts receivable did Papa John's estimate would not be collected?
Disadvantages do mutual funds offer compared to stock : You recently graduated from college and accepted a job at M&D, Inc. The HR manager informs you about the company’s new 401 (k) plan. A 401 (k) plan is a tax deferred retirement plan, meaning that no current taxes are paid on the money deposited. What..
What is a ponzi scheme : How likely is it that Madoff's sons that were employees of the firm, knew nothing about the fraud? Explain the ethical issues that are associated with running a family-owned business. Were these issues present within Madoff's firm?
Creationist organizations : Explore the websites of some leading creationist organizations (e.g., Answers in Genesis, Institute for Creation Research, etc.) and summarize some of their basic scientific positions and/or arguments (do not forget Islamic creationist organizations)..
What is the general nature of the problem : As part of defining the decision problem, the following questions should be addressed. What is the general nature of the problem? What event triggered the situation? Are we imposing any constraints on the situation
Direct write off method of accounting f : What is the difference between the allowance method and the direct write off method of accounting for uncollectible accounts?
Which veatch models describing doctor-patient relationship : Which of Veatch's four models describing the doctor-patient relationship do you think has the most validity? What is your experience? Has your conclusion changed with time?
The cardiac center in the medulla of the brain : The cardiac center in the medulla of the brain increases the rate of heart beat (and blood pressure) through the accelerator nerve, and slows the heart rate (and lowers blood pressure) through the vagus nerve.   The respiratory center in the medulla ..
In the spot exchange market : Six-month T-bills have a nominal rate of 5%, while default-free Japanese bonds that mature in 6 months have a nominal rate of 3%. In the spot exchange market, 1 yen equals $0.01. If interest rate parity holds, what is the 6-month forward exchange rat..

Reviews

Write a Review

 

Case Study Questions & Answers

  Most effective at maximizing gross margin

What price point is most effective at maximizing gross margin and what price point would you recommend as the most effective price? Why?

  Prepare a report including the coppa evaluation grid

Prepare a report including the COPPA Evaluation Grid and discuss how well these companies appear to be adhering to the The Rules under COPPA. Are there areas in which you see room for improvement? Explain.

  Explain infosys technologys success in global marketplace

According to Hofstede's research, India has a high score on the power distance dimension. To what degree could this high score help to explain Infosys Technology's success in the global marketplace?

  Case study personal computer security threats

Case Study Personal Computer Security Threats

  List two opportunities from the external environment

List two opportunities from the external environment with the potential for a significant impact on Southwest Airlines during the next few years.

  What did you learn from your experience

Have you ever gone camping or had another experience where you went for at least a few days without access to a phone, radio, television, or computer? (In other words, there was no communication between you and the outside world.) What did you lea..

  Case study on fashion channel

Case Study - Fashion Channel

  What happened immediately before the behavior

What happened immediately before the behavior? Was there any event or activity that preceded the behavior? The behavior should be defined in observable, objective terms.

  How the nature of the stakeholders defined fora legislative

This case is a good example of how the stakeholders adapted as the intended policy change moved from internal adoption of policy to legislation and back to internal adoption of policy within an existing organization. Can you see how the nature of ..

  Despite being a fairly old technology menu-driven

despite being a fairly old technology menu-driven interfaces are very common in user interface design. menu-driven

  Define plan that provides annuity and disability benefits

What are some of the differences between a defined benefit plan and a defined contribution plan? What are some of the accounting issues that the city faces when accounting for defined benefit plans as compared to a defined contribution plan?

  Explain how google analyzed their value chain

Write a summary of the case study. In your paper explain how Google analyzed their value chain for the purpose of determining where they were able to create value when using their resources, capabiltites and core competencies

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