Orion Controls Case Essay

internal controls. Corporate executives and boards of directors must ensure that these controls are both reliable and effective. Public Offering The transformation of going from a private to public requires some extensive planning and preparation. It is recommended that LJB, being a relatively small sized company, should reevaluate the costs versus the benefits of becoming a publicly traded company. If the decision is made to issue stock, it would be wise to first complete an internal control report…

Case study: Manufacturing Supply Chain Logistics & Inventory Control A specialty chemical company with worldwide operations serving the electronics, surface finishing, and decorative industries engaged Daniel Penn Associates to improve its supply chain logistics and inventory control systems. At the time, the company had 14 manufacturing site, six R&D facilities, sales, and distribution centers worldwide and employs 1,300 people. In their efforts to reduce finished goods inventories and expenses…

The Orion Shield Project Case Study Executive Summary Project management is the science of planning, organizing, executing, and managing the resources needed to achieve a specific goal. Effective project managers (PM) strategically facilitate the entire project management process to ensure the project’s success. To do this the PM must adequately meet the specific requirements (i.e., time, scope, quality, and cost) set forth by the project and its stakeholders. It is theorized that PM must possess…

Orion Controls Case Executive Summary Faced with the challenge of continuing to remain the leader in industrial valve systems, Orion Controls is required to decide whether or not to carry out product improvement redesigns. A successful redesign will secure the company an initial level of sales of 50 or 90 units to two new customers followed by the benefits of enjoying an innovator’s reputation. An expected profit of $262,900 resulting from a product redesign given the information available…

Case Study: ORION SYSTEMS (A) Question 1 There are several recommendations that we would make to Rosas, which are as follows: * The project should be implemented with a strong matrix structure. This will make the project manager higher control and functional department managers will work like subcontractors. The project is a large, strategically important project in which innovation and coordination is very important due to the time and cost constraints. For these kinds of projects, there needs…

The Orion Shield Project Case Executive Summary In this paper, The Orion Shield Project is critically analyzed to determine how effective the project manager, Mr. Gary Allison, is in operating as leader. Specifically, the paper focuses on what technical, ethical, legal, contractual, and other managerial issues plague the success of The Orion Shield Project. The paper attempts to analyze these issues by first introducing the reader to background about the project…

2011 I was asked to give my recommendations on LJB Company’s internal control system before the company decides to go public in the future. Based on my review of the information that I have been given, the following are my recommendations for new internal controls: 1. Establishment of Responsibility 2. Segregation of Duties 3. Human Resources Control 4. Independent Internal Verification 5. Physical controls It is good to see that LJB recognizes the efforts of its long term employees…

Johnson Controls, Inc. is a global company that offers services and products aimed at optimizing operational efficiencies and energy of buildings, electronics, automotive batteries and interior systems for automobiles. The company’s headquarters are located in Milwaukee, Wisconsin and is listed on the New York Stock Exchange as a fortune 500 company. Johnson Controls predicts that it will be able to increase its capital expenditures investments by $1.7 billion approximately. Most of the planned capital…

In 2002, a case-control study was started in Brittanny, France. The candidates were women who were well into their second trimester (Douglas). Out of this study, they concluded that 79 out of the 580 babies were born with birth defects (Douglas). The mothers were questioned about their home lives and their hobbies, along with their occupation. Twenty-nine percent of the women were found to be exposed to these solvents based on the products they use in their home while twenty-one percent of women…

Case Study: AirTex Aviation (Textbook p. 246) Suggested practice/discussion questions: Group Presentation 1. Did AirTex need a new control system at the time of takeover? 2. Evaluate the control system that Frank and Ted implemented. Class Discussion 3. Should anything have been done differently? Case Study: AirTex Aviation “Hello, Sarah. This is Ted Richards.” Ted was on his way to resign from his job. He and his business partner Frank Edwards had just bought AirTex Aviation, a floundering…