A clothing chain is considering two different locations for a new retail outlet. The organization has identified the four factors listed in the following table as the basis for evaluation, and it has assigned weights as shown. The manager has rated each location on each factor, on a 100-point basis (higher scores are better), as shown under the respective columns for Georgetown and Biabou. Calculate the weighted score for each alternative location. Which location should be chosen?
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A clothing chain is considering two different locations for a new retail outlet. The organization has identified the four factors listed in the following table as the basis for evaluation, and it has assigned weights as shown. The manager has rated each location on each factor, on a 100-point basis (higher scores are better), as shown under the respective columns for Georgetown and Biabou.
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Calculate the weighted score for each alternative location.
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Which location should be chosen?
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- READ THE ARTICLE BELOW AND ANSWER THE QUESTIONS THAT FOLLOW:Ernst & Young to Pay $100 Million Penalty for Employees Cheating on CPA EthicsExams and Misleading InvestigationLargest Penalty Ever Imposed by SEC Against an Audit FirmWashington D.C., June 28, 2022The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheatingby its audit professionals on exams required to obtain and maintain Certified Public Accountant(CPA) licenses, and for withholding evidence of this misconduct from the SEC’s EnforcementDivision during the Division’s investigation of the matter. EY admits the facts underlying theSEC’s charges and agrees to pay a $100 million penalty and undertake extensive remedialmeasures to fix the firm’s ethical issues.“This action involves breaches of trust by gatekeepers within the gatekeeper entrusted to auditmany of our Nation’s public companies. It’s simply outrageous that the very professionalsresponsible for catching cheating by clients cheated…Amazon has diversified into many businesses (e.g., e-readers such as Kindle, grocery stores with the acquisition of Whole Foods, and healthcare with Haven). Assess Amazon's decisions to diversity. Alternatively, consider the publicly traded Berkshire Hathaway B stock (https://www.investopedia.com/berkshire-hathaway-s-top-companies-and-brands-4685441; https://en.wikipedia.org/wiki/List_of_assets_owned_by_Berkshire_Hathaway). Assess Berkshire Hathaway's decisions to diversify. 5 Stars if Written well :)Refer to https://www.accountancyage.com/2017/09/27/kpmg-rocked-south-african-corruption-scandal/ This case study covers the KPMG SA series of alleged ethics breaches referred to collectivelyas the KPMG SA Scandal of 2017/2018. Q.1.3 By referring to the KPMG, discuss the various ways that you believe (together withthe theory from the textbook/other sources) they could (and should have)mitigated the risks for fraud.
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