Clearwater Polk Electric Co.: Case Study

Problem: On May 5, 1994 the utilities analyst of Merrill Lynch downgraded FPL Group Inc. due to an expectation of adjustment in dividend payments. The report also acknowledged the probability of a cut in the dividend. Kate Stark of First Equity Securities Corporation analyzes the situation and she has to predict what is going to happen. This investment alert was published dropped the stock price by 6% on the same day. 3 weeks ago Kate Stark has recommended a “hold” position for FPL Group. With the new report should she change her recommendation?

As a member of the power sector, DTL Power is absolutely vital to the operations of other critical infrastructure pieces. The other key pieces of critical infrastructure represented in our environment are the Federal Government, Avistel Telecom, Mistral Bank, and Hytema Defense. Electrical power is the core of the US critical infrastructure, and without the energy supplied by the power sector, none of these other infrastructure pieces will be able to continue operations after local backup energy stores are depleted. It is for this reason that DTL Power?s primary security objective is power system uptime.

In Greenman V. Yuba Power, the plaintiff was injured while using a power tool called the Shopsmith that was given to him as a gift from his wife in 1955. In 1957, while using the tool, the piece of wood he had been working without difficulty suddenly flew out and struck him on the head causing injuries. Ten and a half months later, he gave the retailer and manufacturer written notice of the claimed breaches of warranties and filed a complaint against them both alleging such breaches and negligence. After a trial before the jury, the court ruled there was no evidence that the retailer was negligent or breached an express warranty and that the manufacturer was not liable for the breach of any implied. The jury returned a verdict for the retailer

A well educated man who is a husband and a father receives a job with good benefits. It is standard that when you begin working at a job with benefits, there is a ninety day waiting period for the insurance to become effective. By this time the employee had been employed for six months and one day his young son goes in for a check up and the child was diagnosed with leukemia. All the sudden now you have someone that has a catastrophic illness. Medical billings are through the roof easily costing thirty-thousand dollars a day in the hospital. Because your job offers benefits there is no privacy with the health insurance because your employer receives all medical billings

Prior to having a high deductible plan I had traditional personal choice insurance plan that I was able to get from my employer for my family of five for $240.00 a paycheck which was twenty six bi-weekly costing me $6,240 out of immediate salary with an eighty to twenty deductible. The first year my premium went down to $121.78 a biweekly paycheck. The high deductible was $2000. My employer paid $1000.00 and once deductible was met all costs under insurance were covered. Since then the premium went to $137.74 with a $3000.00 deductible. Currently my premium is $160.96 a bi weekly paycheck with a $4000.00 deductible and now an eighty/twenty deductible at office visits, prescription plans. There are allotted certain automatic fees for hospitalizations and high costs testing. A few preventative care costs are included for example, once a year well visits. If I pay into my HAS account I have started with fees as listed earlier then an ongoing fees of $5.00 a month to maintain it. In order to just cover the $4000.00 deductible I have to take out of my pay $153.85 bi weekly just to meet. In order to use advantage of tax free income the benefits of putting more into HAS do not outweigh other needs and costs. I have put in more than needed to meet deductible to help with copays. On top of what is not included my husband has type I diabetes on an insulin pump which the equipment is only covered 66%. Having using the insulin

In 1952, after two years of selling batteries to local wholesalers out of the back of his pick up in the Dallas Fort worth area John Searcy started his own company. Mr. Searcy named his company after the newly built road that crisscrossed the entire country; Interstate. Interstate stood for opportunity and connection. Mr. Searcy understood that with hard work and sound business principals the new interstate system would provide for the first time ever streamlined access to many distribution points. Just as important as the actual roads were to Mr. Searcy business so were fundamental business practices. Today those practices can be seen in the companies stated core values; Love; treat others like you'd want to be treated. A Servant’s Heart; lead with what people need. Excellence; do great things with the gifts you've been given. Courage. learn, improve and boldly drive change that matters. Fun; work hard, laugh often. Team; together, we’re better. And Integrity; Be who you are and live up to your commitments. These core beliefs have propelled Searcy’s fledgling company founded out of the back of a pick up truck in to a billion-dollar, privately-held corporation that continues to thrive using strategic process innovations and strong business principles.

Overwhelmed by the accident and in the midst of recovery, medication and doctor visit's and treatment I lost track of some responsibilities. With the help of my supervisor Charles Tate, assisting me with communication and forms needed during the process, god bless his heart, documentation and forms were sent/received to and from my employer and the proper channels. An FMLA form was filed and approved, please see attachments, this is the first hospitalization in my personal life, also my first time out of work for injury/accident so this process is all new time. As a contractural employee I receive no compensation for the time documented or excused, caused by the incident under FMLA policy and thefore have had a financial hardship trying to keep up with all responsibilities over these few past months. I was under the assumption, as I did not receive Healthcare documentation, payment vouchers, nor monthly late payment reminder letters in the mail, as I have previously each month, and making all my payments online from my work desk, that my employer understanding that I was involved in an accident and approved for FMLA and receiving no payroll, I assumed that Healthcare benefits had been suspended from payment and covered under FMLA. As I come to the final weeks of recovery and getting ready to return back to work I find myself in this situation and alot of financial disputes between my insurance and the institution that perform my surgery as

Electricity. It is a large part of everyone’s life; almost everything people use today requires electricity: computers, phones, lights, kitchen appliances. Therefore the Jackson County REMC provides a necessary service to people in rural communities who would otherwise not have access to electricity and greatly improves the quality of life of these people. The Jackson County REMC improves the quality of life in my community in many ways with the service it provides. Without the Jackson County REMC there would be no electricity in rural communities and life would be very different. Differences between small towns and large cities would be much more drastic; houses would be lit by candle light and people would have to cook over a fire in their

In early 2014 I suffered a heart attack and I was only able to work 5 months in 2014 at reduced hours which seriously cut into my income. Moreover, once my heart sufficiently healed, I underwent extensive spinal surgery (to correct for an ongoing chronic situation) on February 18, 2015. I have now exhausted my company's short term disability and my EI Sick Benefits is set to end on October 3, 2015. Please keep in mind that my EI sick benefitsI equals $271 per week. At this juncture I am still several months from returning to work and regrettably even when I return to work I will only be working part time until most likely February, 2016 at the earliest, while I continue to heal. As it stands I have used my savings to cover my monthly

Consolidated has a few problems with their inventory control. They have a purchasing agent doing periodic checks of their inventory without reviewing their history and the demand. The lack of a computer inventory system is another problem that Consolidated must address. To design a system for consolidated the company needs to make some changes to its structure and organization.

Local school district are considering uniting to challenge a proposed El Paso Electric rate increase, which could cost the districts millions.

With the years going by, Lincoln Electric Company, despite its excellent performance in production, has been growing in a very steady speed, and never really grew to a large scale company.

Lincoln's competitive advantage lies mainly in its effective compensation and benefits system which put forth three main elements to spearhead the company's efforts. The trinity of elements comprised of piecework, bonus system and guaranteed employment. Piecework provided workers with a sense of autonomy in that now, workers can earn as much as they are willing to work for. The bonus levels in Lincoln far exceeded those of industry peers and were based on their contributions in the form of output, ideas, cooperation, dependability and quality. Consequently, the benefits provided by Lincoln were not extensive as they saw higher wages as substitutes for things such as insurance,

Elements of Lincoln Electric’s management system that made it so popular in the U.S. such as piece-rate work, bonuses, and

The discussion between promoters of best practice and best fit approaches has sparked widespread controversy in the human resource management (HRM) area. The topic has gained much scholarly attention because it not only addresses a theoretical controversy but also possesses a high degree of practical managerial significance. The essay has the aim to analyse best practice and best fit approaches in HRM of a multinational enterprise. The reader receives insight into Lincoln Electric's organization through a case-study analysis of practical HR approaches serving as a basis for developing practical managerial implications in the last part of the paper.