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

  Conduct the analysis by calculating the payback period

Conduct the analysis by calculating the Payback Period and discounted Payback Period - Calculate and graph the NPV profile for both options.

  Identify the relevant facts of the case study

Imagine you are the financial controller of XYZ Ltd a corporation that is a very large donor to HOHO. You have recently become aware that its TV advertising has resulted in the charity violating the 25% expenditure ratio for its charity drive.    Id..

  How hospital could use for acquiring a larger market share

Approach that the hospital could use for acquiring a larger market share given the prevailing financial circumstances - propose the major steps that Caring Angel Hospital could take

  What are actual and potential risk factor for gordon surgery

How might Gordon's pre-existing medical conditions be affected by his fall and subsequent hospitalisation? What are the actual and potential risk factors for Gordon following surgery?

  What in your portfolio demonstrates that you can use writing

What in your portfolio demonstrates that you can use writing and reading for inquiry, learning, thinking, and communicating?

  How can painting be used to teach descriptive writing

How can painting be used to teach descriptive writing and what are some language arts benefits of using visual arts to teach?

  Contrast the european and north american

Compare and contrast the European and North American freight transportation systems, globalized trade, and global policy implications . Lastly, reviewing the future research, what part do you find interesting and why?

  How did ticketmasters move

How did Ticketmaster's move toward greater transparency help its standing with customer? In what ways might transparency be potentially detrimental

  Analyse the career influences

Example of some career theories that can be used are Holland's theory, Bandura's theory, Parson's theory, Krumboltz's theory, Super's theory - compare and analyse the career influences, career decision making processes and career development in rel..

  Summarize the theories - toyota production system

Summarize the following theories: Just in time (JIT), Toyota Production System (TPS), and Lean. How are these concepts related

  Describe the media coverage of these events

The immediate emergency response at the scene of the bombing The investigation of the incident The manhunt for the suspects Assess the importance of the media's role as a force multiplier for terrorists.

  How they have strategically harnessed the use of operations

For an organisation of your choice, write a 600 word short case that summarises how they have strategically harnessed the use of operations and/or information systems. You could consider using Gartner research as a starting point.

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