Craddock Cup

1. The Craddock Cup in its current form should be continued in order to maximize CYSL’s profits. Although it looks as though the Cup is incurring a loss, we need to analyze the relevant and irrelevant costs to truly determine the financial impact of discontinuing the cup. Although total expenses are $53,538, we need to eliminate the irrelevant, or unavoidable, costs when deciding whether the Cup should continue. In this case, the irrelevant, unavoidable costs include Rivaldo’s salary allocated to the tournament ($6,300), the field rental cost for the week ($1,200), and the rent/utilities expense for the Cup ($2,700).When these costs are added, we get $10,200 in sunk costs that cannot be avoided regardless of the continuation of the Craddock Cup. Subtracting these irrelevant costs from the total expenses of the tournament, we get $43,338 in relevant costs. When you subtract these expenses from the revenue generated by the tournament, we end up with a relevant profit of $ 6,502. This means that the CYSL is making $6,502 more than it would if it eliminated the Craddock Cup. I would therefore recommend that the Craddock Cup be continued. 2.My answer to the first question would change if the alternative to holding the Craddock Cup would be to rent the field to the Harvest Fair for $6,750. From purely a financial perspective, renting the field to the Harvest Fair would make the most sense. By doing this, the CYSL can make a $6,750 profit, excluding the allocated costs that are unavoidable and irrelevant. This is $248 more than the $6,502 they would profit by actually holding the tournament. So strictly by financial terms, it would make more sense to rent out the field in order to generate an increase in profit of $248 over the alternative of hosting the Craddock Cup. . When considering the decisions that management needs to make, it is important to consider not only the quantitative data, but also the qualitative characteristics. In this case, after cons idering the qualitative characteristics I would recommend that the CYSL continue to hold the Craddock Cup for multiple reasons. First of all, the influx of people that come to the tournament are advantageous for the nearby businesses. The economic advantages of the event would leave the town worse off than before. Also, the experience and opportunities that the Cup provides to high school soccer players are too crucial to ignore.By giving players a chance to gain recognition from college scouts and potentially get a scholarship, the tournament allows them to achieve their goals of playing college soccer. Another factor that must be discussed is the firing of the Renee Jansten. We do not know her current financial situation and would like to avoid firing anyone if at all avoidable. Lastly, the potential for future profits as the tournament gains more recognition and prestige should be enough to make CYSL keep running the Craddock Cup annually. 4. Exhibit A shows the expected financia l impact of adding 32 more teams to the schedule.Revenues would increase to $85,680 (assuming while expenses would rise to $87,806. This leads to a reported net income of -$2,126. However, if we remove the irrelevant, unavoidable costs ($10,200), we get a relevant profit of $8,074. This is $1,572 more than the $6,502 relevant profit expected from a 32-team tournament. It would therefore be in the greater interest of the CYSL to host a 64-team Craddock Cup next year. 5. The profit margin for the 32-team tournament is 3. 62% higher than the profit margin for the 64-team tournament. For the 32 team tournament, the profit margin is $6,502/$49,840=13. 5%. For the 64 team tournament, the profit margin decreases to $8,074/$85,680=9. 423%. Although the 64-team alternative has the lower profit margin, it has higher overall profits and is recommended. Exhibit A (64-Team Financials) Revenues:Calculations Registration Fees18,880Doubled T-Shirts 9,600Doubled Concessions34,560Doubled Soccer Clini c 8,640Doubled Contributions14,000Same Total Revenue85,680 Expenses: T-Shirts 3,840Doubled (Variable) Concessions17,280Doubled (Variable) Clinic 5,184Doubled (Variable) Insurance 4,608Doubled (Variable) Registration 1,500Same (Fixed)Field Rental 8,760(1200+6 fields x $210 x 6 days) Balls 864Doubled (Variable) Refs12,800Doubled (Variable) Trophies 1,800Doubled (Variable) Hotels 6,400$80x 2 nights x 15 + 4,000 Face Books 570450+(95-75)x$6 Marketing 3,2002,200+1000 CYSL Salaries18,300Same (Fixed) CYSL Rent 2,700Same (Fixed) Total Expenses87,806 Net Income:($2,126) Irrelevant/Unavoidable Expenses: Field Rental 1,200 CYSL Salaries 6,300 CYSL Rent 2,700 Total Irr. Exp. 10,200 Relevant Expenses: 87,806-10,200=77,606 Relevant Profit: Revenue85,680 Rel. Exp77,606 Rel. Profit 8,074

Advantages and Disadvantages of Globalization on South Africa

Globalization is the â€Å"shrinking† of the world and the increased consciousness of the world as a whole. It is a term used to describe the changes in societies and the world economy that is a result of dramatically increased cross-border trade, investment, and cultural exchange. Globalization has been dominated by the nation-state, national economies, and national cultural identities. The new form of globalization is an interconnected world and global mass culture, often referred to as a â€Å"global village. â€Å"(Bhagwati,2004). Globalization is perhaps the central concept of our age (Bhagwati, 2004). Developing country refers to the countries which are economicaly and technologically undeveloped. South Africa stands as a semi-sephere nation making it differ from the rest of the developing world although it has party some charectateristics of a deceloping world. For South Africa to be the strongest African economy and attenting positions such as being a member of the g8 as been a clearl work of globalization making it at the center of the Africa. Globalization has managed to have an impact on the economy ,politics and social nature bringing about positive results for South Africa. In this essay;The situation during economicec sunctions and its leberisation is clear evidance to economic libirazation I am going to illustrate how this process has had a positive impact in South Africa as a whole. primarly focusing on the positive impact globalization has had on South Africas economy . Through the broad and economic lebarization with other counties. The phenomeanall of globalization states that The integration of South Africa into an increasingly integrated world economy has encouraged closer economic, political, and social interaction. In South Africa it has given companies access to wider markets and consumers access to a greater variety of goods and services. It has manifests itself in various forms such as an increase in international trade, financial flows, and foreign direct investment (Smith,2001). This has resulted in South African economy managing to emerge its market status. Its economy has been the centre of Africa and one of the strongest in the world and its economic realisation has been due to its effective and successfully eco integration with other parts of the world. The economic growth has been due to the global economy (Smith,2001). Politically, globalization has resulted in the affluent and efficient government system adapted through integration of political systems party which holds fair economies making the government of South Africa, accountable and durable to stable economies . For instance, ANC leaders chucked decades of rhetoric and opened the South African economy to the rest of the world (Smith,2001). From my own personal perspective and experience in a â€Å"global village†. Globalization has had positive impact in South Africa’s production of goods and services. For instance, the franchise of MacDonald’s has led to production aiming to maintain the global standard of the franchise producing standard global quality of production in South Africa (Ritzer,2000). Globalization has had a positive impact on the South African society . Myopic mindedness has been dealt away with and they have been set a more affluent and integration of ideas from different parts of the world which has helped the society in general. For instance the AIDS awareness has become a global theme and has encouraged South Africa to get more involved in its Aids awareness which has primarily not been as successful in the past and due to the integration this has been possible. Different cultural ideas and tradition have also been interlinked and have asses to explore the world they leave in improving knowledge (Ritzer,200) In conclusion to my argument, globalization has had a more positive impact on South Africa. They has been economic, political, technology and social integration (Bhagwati,2004) . They have been open trade improving the economy of the South Africa. Influence in the politics and technology helping develop new innovations helping the county. The global perspective of the society has since grown to be smaller, allowing different cultural integration and eliminating isolation and living the society prom to more knowledge.

Prayer in Public schools Essay Example | Topics and Well Written Essays - 250 words

Prayer in Public schools - Essay Example The United States was established on freedom, and one of the freedoms was the freedom of worship or religion. America’s forefathers knew that there had to be a distinction between state and church. This allowed US citizens to practice any religion they chose and they would be no interference from the government. An overabundance of court cases has ruled that having school prayers is unconstitutional. Whereas, having school prayers funded by the administration is constitutional (Oak 1). Moms in prayer are among various groups that hold school prayers. Whereas, the Union of American Civil Liberties is opposed to school prayers. Prayers in school are a debate that has been ranging on since the 1960’s with the milestone case of Engle v. Vitale. This case found that the school wide petitioned prayer narrated by its students was unconstitutional. Various litigation ensued this ruling, whereby the school funded prayer was prohibited, such as during graduations and sporting events. Those that are for school prayer will argue that it allows for religious freedoms and brings back morality within schools (Oak 1). In addition, it allows students to express their right of the First Amendment. Those that are opposing school prayer will argue that one religion may go in contradiction of other religious opinions, with prayer the feeling of religion will be pushed upon them against their beliefs and that goes against their constitutional rights, and not everyone believes in a God. In conclusion, the issue â€Å"Should school prayer be allowed?" is proved justifiably to be "Yes, school prayer is permissible within particular considerations." In actuality, the question is usually an opinionated struggle to attain legislative authority by spiritual groups who wish for a selected system belief. This opinionated resistance does not deduce well into a limited disparity for or against school

Conflict Resolution in an Organization Essay Example | Topics and Well Written Essays - 750 words

Conflict Resolution in an Organization - Essay Example From this study it is clear that the main problem is that this group has somehow run out of control and other employees feel they are a nuisance. They severally were caught making fun of other employees, which has resulted in resigning of some employees. The former sales manager was a great friend of Cory and thus he did nothing even when employees complained to him about Cory’s group behavior. Cory is also a relative to one of the company’s directors and boasts that it is only his uncle who can approve his sacking. Being new in the company, Rogers sought the production manager’s opinion on the issue who told him it was wiser for him to leave the group alone since he was risking his job. However, Rogers feels that if not dealt with, this problem might cripple other workers performance. Last week he summoned Cory to his office with the aim of trying to advise him on the problems his group was causing the sales department. Cory responded rudely that members of his group were the most productive and Rogers was new in the company and knew nothing on the group. On telling the human resource manager, Rogers got another surprise when manager told him that he had no right to decide on how the company employees should behave. This paper outlines that an example of a badly resolved conflict involved Mary and Cory’s group. Mary, a former medical representative of the company lost her job when she demanded for an apology from the group. This was after Cory and his group made a call to one of Mary’s clients which the client was uncomfortable with and demanded an explanation from Mary. When Mary found out about it, she demanded an explanation from Cory. Cory denied the claims even though the call traced back to him. From that day on, Cory’s group members started making fun of anything that Mary did.  

Aspects of Policing Research Paper Example | Topics and Well Written Essays - 1250 words

Aspects of Policing - Research Paper Example Democracy and Disorder Beginning in the civil war era, our nation experienced one of the most deadly riots on American shores known as the "anti-draft riots," which rocked New York City shortly after the Battle of Gettysburg in 1863. While the estimates vary, most historians agree that about 100 soldiers and civilians, many of whom were African Americans who were targeted as the reason Lincoln was fighting the war in the first place, were killed. Federal soldiers had to be diverted from around Washington D.C. to quell the outrage (Encyclopedia of War & American Society, 2005). The rise of organized labor near the turn of the century meant that organized police forces were even more important than ever. Several state police forces had their beginnings and endings related to the use of police as strike breakers in factories and on railroad holdings. This had the adverse effect of developing resentment by legislatures in various parts of the country towards police who had been used to e nforce the power of management over unions (Johnson, 2003). During World War II, young Hispanic men whose attire was unique, fought with soldiers and sailors home on leave during the so-called "zoot suit" riots in Los Angeles, California. Servicemen who were dating the Hispanic women of Los Angeles were involved in numerous brawls with Hispanic men over the rights to courtship. The police were often accused of enforcement that was prejudicial to the Hispanic men (Wilson & Taub, 2006). The 1960s brought the "Civil Rights Movement" into American consciousness, and was anything but boring for law enforcement. Protest marches, sit-ins, and demonstrations, particularly in the South, brought National Guard troops out as well as police dogs and horses to attack passive, mostly Black Americans expressing their constitutional rights. As free speech was taken to another level at Berkeley in 1964, America watched as students crusaded while yelling four letter words (Stevens, 2002). Television and the media were beginning to play a role in the American psyche of social unrest. Images of the Harlem riot of 1964 were brought to us by virtue of television (Johnson, 2003). The images of New York cops ducking and dodging the rocks and heavy masonry being dropped on them from skyscrapers and firing their side-arms at the roofs on occasion were brought into American living rooms. Less than a year later, in August 1965, two brothers would fight with California Highway Patrol during an arrest, and the Los Angeles Police Department would get the blame for starting the Watts Riot (Johnson, 2003). Innumerable buildings shooting flames into the night sky and looters carrying televisions and appliances away from shattered businesses would be occurrences that the American public would see again and again (Johnson, 2003). Riots seemed to engulf the nation in 1967 and 1968, especially in the wake of the assassination of Dr. Martin Luther King. By the late 1960s through the early 1970s, co untless protests over the Vietnam War dragged on and inflamed groups large and small (Johnson, 2003). Then on May 4th, 1970, four university students would be slain by a volley of fire from the Ohio National Guard. The effect of Kent State was considered by many media analysts as one of the most unnecessary and yet most momentous events leading up to the popular disavowal of the war in public opinion polls (Kelner and Munves,

Choose one from 5 options Outline Example | Topics and Well Written Essays - 1000 words

Choose one from 5 options - Outline Example Job analysis assumes an important place in human resources management because of its significance and implications in both strategic and operational issues of an organization. Job analysis when broken down into smaller specifications drives job descriptions, job priorities and job classifications (Marchington & Wilkinson 2005, p.167) which help the organization in multiple ways. With the help of job design, competent and skilled employees can be recruited (Elearn 2009, p. 2013), job activities can be redesigned, modified or simplified and job activities also serve as the basis for setting compliance, safety, compensation, performance, training and development and other managerial standards. Job analysis is often confused and used simultaneously with the terms ‘occupation’ and ‘position’. While a position is determined by the number of workers in an organization, occupation is the sum total of jobs of similar kind in an organization. Thus, all technical jobs cumulate to form an occupation. Understanding the difference between these terms is also crucial from organizational point of view because jobs make occupations, occupations turn into positions and finally positions develop into organizational structure. Having being talked about two-legged approach of job analysis in an organization, the body of the essay gets split into two divisions where first part will talk about functions or domains which job analysis serves in. As for example and already mentioned above, the role of job analysis spans across human resource planning, recruitment, training, development, performance appraisal, compensation plans, evaluation and counseling and even job and organizational redesign (Management Study Guide n.d) (Figure 2). This section will more or less emphasize on describing the tasks and activities of specific functions that relate with job analysis and prove to be of a critical component in these domains. It will be more inclined towards elaborating

Marketing and business operations Essay Example | Topics and Well Written Essays - 500 words

Marketing and business operations - Essay Example It will offer the best prepared coffee on train as passengers enjoy while they await arrival to their various destinations. We will be of great help to our customers by providing them with a relief after a great day of work through great ambience, friendly to use services, convenient locations and providing constant high quality of coffee. Costa cafà © will invest back their profits to maximize customer satisfaction and also providing steady returns to share holders. The Costa cafà © will operate in almost all the trains leaving and coming into town. They will be placed in a reachable distance from where passengers are sited on the train. The project has the sum of $140,000 as a start up funds. It will be designed to attract visually the customers and designed for efficient, fast and smooth operations. There will be employee training to ensure that there are good services techniques to the customers. The project has long term strategies to ensure that they build a solid base and maintain customer loyalty. The Coffee machines will be place at the rare end of each compartment in the train where there is plenty of space. The machine will be designed to fit and occupy a smaller portion of the train. Engineers will be hired to draw up the structure and find the necessary equipment to have the machine operational. There will be on train managers for the cafà ©; they will be responsible for quality in the train. They will also provide assistance to the customers where need be. After some rounds of the train on the way there will be workers who will be responsible for the maintenance of these machines, it will be done on a regular basis. According to (Ahire, 1997), quality and management has developed into an established definition and conceptual foundation. The same way Costa Cafà © is aiming at improving the quality of services rendered to the clients. Increasingly, most of the organizations are recognizing the need for quality