Case Study Of The Spencer-RIMS Risk Management Challenge

Nissan Motor Company was one of the first Japanese Automobile companies to build facilities in North America. The company was reborn from crisis. They were rescued from bankruptcy in 1999 by Renault, and this sense of crisis still persists in the organization to this day. After the 9.0 magnitude earthquake hit the coast of Japan on March 11, 2011 Nissan Motor Company, just like they did in 1999 when they faced financial difficulties, focused on identifying and analyzing the risks by establishing a dedicated risk management function that was responsible for these activities.

Worksheets, such as the Missouri and Washington Risk Assessments are valuable tools used by criminal justice practitioners. Moreover, Risk Assessment scales are used in both formal and informal capacities, to determine the potential risk or harm an individual poses to society should he or she be released from detention or custody. The following is an example of how the Missouri and Washington Risk Assessment worksheets can be utilized when applied in two completely different cases; it is important to remember that the primary purpose of both Risk Assessment Scales are to identify specific classifications of juvenile offenders. Offenders are classified on a scale of being low, moderate, or at high-risk behavior and each assessment places

This paper will give a historical overview of the company, discuss the ingredients to the company success, offer some financial strengths and present a final conclusion. Section I: Southwest's History Twenty-seven years ago, Rollin King, a San Antonio entrepreneur who owned a small commuter air service, and Kelleher, who was a lawyer at the time, got together and decided to start a different kind of airline. They began with one simple notion. If you get your passengers to their destinations when they want to get there, on time, at the lowest possible fares, and make certain they have a good time doing it, people will fly your airline. And you know what? They were right. Within those 27 years, Southwest Airlines became the fifth largest major airline in America. Today, they have flown over 50 million passengers a year to 54 cities all over the southwest and beyond. They do it over 2,300 times a day with over 267 of the newest jets in the nation and fly only one type aircraft; the B-737. The average age of their fleet is only 8.4 years and they own over sixty percent of them. In May 1988, they were the first airline to win the coveted U.S. Department of Transportation Triple Crown for a month - Best On-time Record, Best Baggage Handling, and Fewest Customer Complaints. Since then, they've won it

Hours upon end are spent, face buried in a laptop or newspaper, analyzing stock dividends and bonds yields. Warren Buffett books and Wall Street Journal editions - a glimpse of the night stand that has well deservedly earned me the label “business nerd” by family and friends. I have, if not an obsession, a passion for studying finance. Aspiring to work in Investment Banking, I applied to Ross as it provides excellent exposure to the world of finance through premiere recruiting opportunities and a well-constructed business curriculum that merges the science of economics with the cultivation of leadership. At Michigan, freshman students are subject to a liberal arts curriculum, which I believe can benefit me in becoming a well-rounded student. Although I have a passion for finance, I cannot imagine isolating my studies to one subject for four years of school. In my Sophomore year, I would dive into financial studies such as accounting and business strategy; but Ross also emphasizes the ‘positive decisions’ course, which interests me because it acknowledges the impact that economic decisions have on society. Coming from a middle class background, I find it important to acknowledge the effect that the cost of living or price of gas have on family finances. Ross’s Junior and Senior curriculums step past the theoretical studies of economics and into the real world application of business skills, such as ‘communication strategy’ and ‘corporate strategy.’ I believe exposure to a collaborative environment in these years can assist me in cultivating a team

1. From early 1990s to 2004, the Lego Group, a long successful toymaker with a world-renowned brand, fell into the edge of bankruptcy. Compared with the highest revenue in 1999, the revenue in 2014 decreased by 35.6% while the net profit was negative, seven times less than that in 1999, the lowest in the past ten years. Its net profit margin and ROE were also the lowest. The gross margin and inventory turnover were all lower than its competitors. The strategic moves in the two main periods “growth period that wasn’t” (1993-1998) and the “fix that wasn’t” (1999-2004) lead to its poor performance.

It is pertinent that leaders at the community college level have a solid understanding of their vision, mission, functions and operations (VMFOs). These are the principles that guide the values, ideals, structure, and direction of an institution. When leaders have the knowledge, skills and practices, it is easier to inspire and motivate others to do the same. In fact, when leaders hold all stakeholders accountable both internally and externally, the institution will see the benefits of a solid foundation in accordance with the institution’s vision and mission.

An Analysis of the Operations Strategy and Management Decisions in Lego Group between 2004 and 2009

The release of 2014 financial statements by American Eagle Outfitters and The Buckle Company require analysis to determine the financial position of the respective companies. A decision between the two companies is needed to decide which company Baruch College Fund should invest in. Findings in our research shows that The Buckle Company beats American Eagle Outfitters in terms of the key performance indicators of return on assets, profit margin, and asset turnover ratio. This information reveals that The Buckle Company is the better company to invest in.

In 2013, Southwest repaid $611 million to Shareholders through repurchasing $540 million (roughly 38 million shares) in stock. LUV was nominated as Southwest’s stock exchange symbol to represent its home at Dallas Love Field (KDAL), as well as the theme of Southwest’s relationship with their customers ("Southwest Corporate Fact Sheet - Southwest Airlines Newsroom," n.d.).

Chris and I met with the City of Decatur Risk Manager. We asked about insurance coverage for fraud or theft perpetrated by a board member or staff member (namely in the form of writing checks). The Risk Manager said there is currently insurance coverage for Decatur Civic Center employees. The coverage includes employee theft in the amount of $500,000.00 per loss (with $5,000 deductable). However, the Board members are not covered under this same policy. The coverage for the Board is only while acting in legal capacity of Board member. The board members are not covered for fraudulent acts. In the case of a fraudulent act by a Board member, they would be personally liable and it would not be reimbursable by the insurance company.

I’ve been given the opportunity to explore and pursue business thanks to FBLA and DECA and I’m determined to bring those opportunities to my peers. I realize a lot of students within Grantsville High School believe clubs similar to FBLA and DECA are just extra homework, however the benefits being provided through FBLA and DECA concerning leadership, self-confidence, networking, and academic awards these clubs can be a rewarding experience to anyone whether or not they’re pursuing business as a profession. I’ve become a better person because of the effect FBLA and DECA have had on my

As their name and ideal, Lego has been beloved by the children as well as the parents for decades. Not only as plastic toy bricks, but also effective educational tools, the LEGO Company enjoyed continuous growth and broaden the global brand value. The LEGO brand moved to third place in 2002/2003 with only Coca-cola and Kellogg having greater respect among families with children. Even though as the overall toy market faces challenges, LEGO’s revenue and profits are increasing rapidly, especially since 2005. This profitability didn’t change even in the current recession in the global market. The LEGO Group achieved record-breaking profits in

LEGO, the company has always been known by kids and parents alike for its colorful building bricks however between 1997 and 2004, LEGO stretched its product lines to include movies, clothing, video gaming and event theme parks. Unfortunately, these activities generated limited returns and were capital intensive as a result, LEGO’s bottom line plummeted. LEGO “strayed too far” from its core business of manufacturing building blocks and ventured in industries which it no knowledge or specific skills sets to compete in ("Fun and Games: The LEGO Success Story" 2). Also, a lack of financial and product profitability analysis meant that management had no idea which products were making money and which were not producing adequate returns on investment. Another problem was that retailers were constantly overstocked with products which offered diminishing margins as clearance offers ensued (Ashcroft 14). This was due to a lack of

This assignment is included in the 2014 session of the Risk Management module of the MSc in Project Management course at University of Aberdeen. The main purpose of the assignment is to demonstrate my understanding of the issues involved in Risk Management and how they are applied in my current Project environment. The assignment is split in to two questions as detailed below.

To answer the problem we used a history of LEGO, made a Value Chain, a SW-model and organization structure.