1 Bailey’s is a large toy manufacturer based in a traditional industrial region. Established in the 1970s, it has faced many changes in the market and survived. This has been due in part to employing a largely unskilled low paid staff,and maintaining its main advantage, that of low production costs based on low pay. Most of the production involves repetitive and boring work with little challenge and opportunity for innovation. Although many of the employees have
been with the company for some time, there has been a high level of employee turnover.
However, an unhappy atmosphere has been apparent for some time. There has been a number of instances ofarguments between the staff, friction between different departments, disturbance, low morale, poor production and general unrest, made worse recently by a decline in business which may lead to staff reduction and redundancy. Poor pay is leading to family problems that are affecting the commitment and motivation of the employees.
The business was recently sold to the new owner, Rebecca Stonewall. She is concerned that the negative atmosphere she has found will harm the prospects of the business and is determined to address the issues that have become apparent.
She has therefore decided that it is time to take account of opinions and views of the employees in an attempt both to identify the problems and to resolve them. She has appointed external counsellors since she thinks that a programme of individual counselling might be appropriate and is also of the opinion that some form. of different or improved approach to motivation might be the answer to the problems at Bailey’s.
Required:
(a) Define the role that the external counsellor must fulfil at Bailey’s. (3 marks)
第1题:
5 The directors of Blaina Packaging Co (BPC), a well-established manufacturer of cardboard boxes, are currently
considering whether to enter the cardboard tube market. Cardboard tubes are purchased by customers whose
products are wound around tubes of various sizes ranging from large tubes on which carpets are wound, to small
tubes around which films and paper products are wound. The cardboard tubes are usually purchased in very large
quantities by customers. On average, the cardboard tubes comprise between 1% and 2% of the total cost of the
customers’ finished product.
The directors have gathered the following information:
(1) The cardboard tubes are manufactured on machines which vary in size and speed. The lowest cost machine is
priced at $30,000 and requires only one operative for its operation. A one-day training course is required in order
that an unskilled person can then operate such a machine in an efficient and effective manner.
(2) The cardboard tubes are made from specially formulated paper which, at times during recent years, has been in
short supply.
(3) At present, four major manufacturers of cardboard tubes have an aggregate market share of 80%. The current
market leader has a 26% market share. The market shares of the other three major manufacturers, one of which
is JOL Co, are equal in size. The product ranges offered by the four major manufacturers are similar in terms of
size and quality. The market has grown by 2% per annum during recent years.
(4) A recent report on the activities of a foreign-based multinational company revealed that consideration was being
given to expanding operations in their packaging division overseas. The division possesses large-scale automated
machinery for the manufacture of cardboard tubes of any size.
(5) Another company, Plastic Tubes Co (PTC) produces a narrow, but increasing, range of plastic tubes which are
capable of housing small products such as film and paper-based products. At present, these tubes are on average
30% more expensive than the equivalent sized cardboard tubes sold in the marketplace.
Required:
(a) Using Porter’s five forces model, assess the attractiveness of the option to enter the market for cardboard
tubes as a performance improvement strategy for BPC. (10 marks)
第2题:
Passage One
Valencia is in the east part of Spain. It has a port on the sea, two miles away from the coast. It is the capital of a province that is also named Valencia.
The city is the market centre for what is produced by the land around the city. Most of the city's money is made from farming. It is also a busy business city with ships, railways, clothes and machine factories.
Valencia has an old part with white buildings, coloured roofs, and narrow streets. The modern part has long, wide streets and new buildings. Valencia is well known for its parks and gardens. It has many old churches and museums. The University in the centre of the city was built in the 13(上标)th century.
The city of valencia has been known since the 2(上标)nd century. In the 8(上标)th century it was the capital of Spain. There is also an important city in Venzuela(委内瑞拉)named Valencia.
36. The main income of the city of Valencia is from its______.
A. markets
B. business
C. factories
D. farming
第3题:
A、enlarged
B、was enlarged
C、has enlarged
D、has been enlarged
第4题:
A、which
B、with whom
C、whom
D、with which
第5题:
Wal-Mart has been criticized by some groups for its .( )
[A] low service quality
[B] employees' low salary
[C] high pressure on the other companies
[D] discrimination against women
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第10题:
ABC Company is an old-established firm()many year’s experience()the trade.
第11题:
an altruistic
an indifferent
a reticent
a sanguine
an unpredictable
第12题:
low cost
flexibility
long life
versatility
第13题:
4 You are a senior manager in Becker & Co, a firm of Chartered Certified Accountants offering audit and assurance
services mainly to large, privately owned companies. The firm has suffered from increased competition, due to two
new firms of accountants setting up in the same town. Several audit clients have moved to the new firms, leading to
loss of revenue, and an over staffed audit department. Bob McEnroe, one of the partners of Becker & Co, has asked
you to consider how the firm could react to this situation. Several possibilities have been raised for your consideration:
1. Murray Co, a manufacturer of electronic equipment, is one of Becker & Co’s audit clients. You are aware that the
company has recently designed a new product, which market research indicates is likely to be very successful.
The development of the product has been a huge drain on cash resources. The managing director of Murray Co
has written to the audit engagement partner to see if Becker & Co would be interested in making an investment
in the new product. It has been suggested that Becker & Co could provide finance for the completion of the
development and the marketing of the product. The finance would be in the form. of convertible debentures.
Alternatively, a joint venture company in which control is shared between Murray Co and Becker & Co could be
established to manufacture, market and distribute the new product.
2. Becker & Co is considering expanding the provision of non-audit services. Ingrid Sharapova, a senior manager in
Becker & Co, has suggested that the firm could offer a recruitment advisory service to clients, specialising in the
recruitment of finance professionals. Becker & Co would charge a fee for this service based on the salary of the
employee recruited. Ingrid Sharapova worked as a recruitment consultant for a year before deciding to train as
an accountant.
3. Several audit clients are experiencing staff shortages, and it has been suggested that temporary staff assignments
could be offered. It is envisaged that a number of audit managers or seniors could be seconded to clients for
periods not exceeding six months, after which time they would return to Becker & Co.
Required:
Identify and explain the ethical and practice management implications in respect of:
(a) A business arrangement with Murray Co. (7 marks)
第14题:
The reason why the market for large CDs has been active since 1961 may be that the yield is usually higher than Treasury bills.
A.Right
B.Wrong
C.Doesn't say
第15题:
East London has traditional ly been an area which has attracted immigrants.The chance to find jobs in London has led to immigrants from many different parts of the world living there.Also, because it was the home of London s docks, it was easy for people to get there by ship.One famous bui lding in Brick Lane has been a church, a synagogue and is now a mosque Nowadays this part of London, which is known as the East End.is home to people from many different parts of the world.including Africa, Asia and the Caribbean.This means that there are many shops and restaurants selling ethnic food.In the past the East End was one of the poorest parts of London, but now it is becoming more fashionable and house prices are rising rapidly.This is because many people want to live near to where they work in the centre of the city.Also improved transport links to both other parts of London and to other countries via the Channel Tunnel train station and Dock lands Airport have attracted more people to the area.
21.East London has()
A.has never been a home for immigrants
B.has recently become a home for immigrants
C.has always been a home for immigrants
22.Immigrants are attracted by()
A.low house prices
B.jobs
C.ethnic food
23.London' s docks were()
A.easy to reach by plane
B.mainly in East London
C.a good place to find work
24.East London()
A.is a cheap place to live
B.has never been a cheap place to live in
C.ued to be a cheap place to live in
25.House prices are rising rapidly because()
A.it has good transport links and more people want to live there near the center of London
B.there are lots of jobs in East London
C.there are lots of good shops and restaurants
第16题:
What is said about Apple Inc.with its tablet devices like iPads?
A.It doubled its sale of e-readers during the Christmas season.
B.It controls 73 percent of the tablet device market.
C.It charges customers less in credit card transaction fees.
D.It has long been selling its traditional personal computers
第17题:
If the goods shipped are perishable,low cost goods,live animals,deck cargo,etc.,the freight and all related charges shall be paid ______.
A.At the time of shipment
B.On vessel's arrival
C.At the time of sailing
D.At the time the voyage has been accomplished
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第22题:
A company has a business application that provides its users with many different reports: receivables reports, payables reports, revenue projects, and so on.The company has just purchased some new, state-of-the-art,wireless printers, and a programmer has been assigned the task of enhancing all of the reports to use not only the company’s old printers, but the new wireless printers as well.When the programmer starts looking into the application, the programmer discovers that because of the design of the application, it is necessary to make changes to each report to support the new printers. Which two design concepts most likely explain the situation?()
第23题:
This disease has been dismissed and ignored because of its vagueness and mystery.
It is easy to see why this disease has been dismissed and ignored. It’s because of the vagueness and the mystery.
Vagueness and mystery dismiss and ignore this disease.
Why this disease has been dismissed and ignored is because of its vagueness and mystery.
It is easy for you to see why this disease has been dismissed and ignored. It is because of the vagueness and mystery.