Case Studies Assignment: Case Study: HVAC Has The Best Financial Performance

Due to fierce competition and increase number of new entrants, you are concerned about the effectiveness of the existing management system and quality control policy, as these can result in losing current and potential customers. Therefore, you invited my team to investigate the

CST, the general partner of the company, has the intent to maximize cash distribution based on the partnership agreement terms, this might create incentive for them to increase indebtedness to continue making high cash distribution. In addition, the partnership agreement doesn’t require cash distribution at all, this may create potential risk for certainty of future distributions to

Armstrong Coal Company Inc. employed me for three months at the Midway Mine. The Midway Mine is a surface mining operation that uses the dragline mining method. I am a certified foreman; however, I was employed as the maintenance supervisor over the Page 752 Walking Dragline Co. # 377. Matt Dunlap was my immediate supervisor and the foreman over the surface operation.

Response 6: Harry’s clients could make CPM scheduling a mandatory clause in the contract. Also have a discussion even before he starts working on a project to find out his strategy to work on the project including his deadlines to

Air By Hahn, Inc. is a full-service HVAC contracting company that is located in Austin, Texas. Air By Hahn, Inc. serves the Bexar County and beyond. This HVAC contracting enterprise is a family owned and operated business. Air By Hahn, Inc. specializes in air conditioning and heating service and repair. This HVAC contracting establishment conducts replacements as well. Air By Hahn, Inc. carries more than 30 years experience in air conditioning and heating service and repair. Their terms are convenient. Air By Hahn, Inc. has integrity. They are professional. Air By Hahn, Inc. is licensed by the Texas Department of Licensing and Regulation, with license # TACLA23514E. Air By Hahn, Inc. offers a very reasonable price. Air By Hahn, Inc. is a Better

The article, "The Case Against Budgeting" explains how the budgeting process has essentially become obsolete in the current business climate. Krell explains that many businesses feel that the budgeting process takes too much time and when it's finally completed the final product is usually less than desirable (2003). "Businesses need more agile forecasting and reforecasting capabilities, but the organizational barriers to those capabilities are formidable" (Krell, 2003). Krell reviews the most common reasons that most budgets fail; it's usually a hybrid of reasons from shoddy strategic planning, to an inability of the management to take strong corrective action, to a general absence of faith in the budget, resulting in an overwhelming amount of apathy (2003). Krell describes how ineffective budgeting can be toxic to a company, creating a state of overaggressive assumptions leading to decreased morale within employees, cash flow conflicts, consistent disappointment and necessary reforecasting, surprises in earnings, postponed capital acquisition, and developing a state where bad decisions are made over and over again (2003). Krell clearly highlights how perilous bad budgets can be for an organization, both fiscally and for the atmosphere and sense of accomplishment.

g) Broken budget process: Annual budget exercises are viewed as fiscal routines by accountants that do not reflect future volume drivers.

The current crisis in the world’s financial system has left the construction industry facing its toughest challenges for a generation. Salaries are falling; job cuts are predicted to reach 400,000 in England alone; and the impacts look set to get much worse before they get better.

PAC Resources currently faces organizational challenges that will be improved by implementing necessary changes in the HR department. Listed below are some of these challenges:

The strengths of the company would be offering 12 hours a day service, with low overhead due to remote workers, at a low cost to clients. A possible weakness is the difficulty of creating “stickiness” with clients due to minimal face-to-face interactions, other companies outsourcing to other countries for a lower cost, and lack of reputation in the early years of the company.

The second thing I am going to talk about is the weaknesses. The most important thing is any business is to identify the weaknesses that are affecting the business and try to eliminate them or to find a

Weaknesses might be seen in any kind of businesses and sometimes weaknesses are likely to become strengths when overcome them. Saudi Aramco has some weaknesses in its businesses such as sour (high-sulphur). The company produces many different type of crude oil and then categorize them to different category depends with how much dose the crude oil have of sour sulphur. If it is become high level of sulphur it will

Partnership is an arrangement or a form of business organization in which two or more parties come together to achieve specified economic objective. Each such party to the organization is known as ‘partner’. The relationship between / among partners is governed by the partnership agreement. Some of the common clauses relating to partnership are capital, profit/loss sharing ratio, tenor, object, inclusion of new partner, retirement / exclusion of existing partner, dissolution of partnership etc. Partnership is a separate entity, which has its own existence from its partners.

Another characteristic that belongs to partnership is the division of profits or losses. It is not essential that all the partners must share the losses also. There may be a provision in the partnership deed that a particular partner or partners shall not bear losses. The profit is arrived at after providing for salaries to the partners and interest on capital, if agreed and stated in the agreement. That last but not least feature of partnership is about the business management. Firstly, it is specified that all general partners are entitled to act as legal representative of the partnership in carrying out business activities. Any restriction applicable to general partners in relation to conducting day-to-day business activities of the partnership will be effective to the third party if this party is informed. Secondly, general partners will agree on division of their duties in relation to management and running of the company. If a business activity is carried out by several partners, the decision will be adopted on the principle of majority. Additionally, the partnership will not be liable to any activity that is conducted by general partner and outside the scope of business activities of the partnership, unless otherwise agreed by the partners. Thirdly, the partnership can open one or several accounts with a bank. The partners’ council will appoint one partner who is required to deposit and withdraw money from those accounts. Lastly,

Sharing of profit among the partners was to be done according to the agreed ratio and vice versa in terms of any losses.