Whale Printing Company Case Study Example | Topics and Well Written Essays - 500 words

Whale Printing Company - Case Study Example The case is about a printing company that has been offered a job to print 10,000 copies of a marketing brochure within five days. The printing company has been offered a price of $700 for the job and this report analyzes the cost of the job and its benefits to the company and then suggests what decision should be taken by the President of the company, Victory Hussey. In addition to this, the report also analyzes non-accounting factors that could influence the decision of Victory Hussey while accepting or rejecting the job. Victor Hussey is the president of a printing company known as Whale Printing Company and he has been offered a job by the president of Salter Associates, Katherine Salter. The job is to print 10,000 copies of a promotional brochure but the deadline of the project is tight and it has to be completed by Friday noon. Price agreed by the Katherine Salter previously is $700 for the printing work and Hussey has to either accept the job or reject it. The following table explains the cost of this project which includes; direct labor, direct material, overheads as well as the selling and administrative expense for Whale Printing Company. As the total cost of the project is $810 whereas the revenue of the project earned would be $700, therefore by accepting the project, Whale Printing Company would have to incur a loss of $110. Therefore the job offered by the president of Salter Associates, Katherine Salter should not be accepted. Variable costs are the costs that would change with changes in the output of the company and as company produces more or increases the output, variable cost of the company would increase. Whereas, fixed costs do not vary with the changes in output of the company and as output increases, fixed cost of the company remains fixed (Khan, 1993). If the job is not completed on time, then it would hurt the image of the company and customers might not trust the wordings of Mr. Hussey in future. It is important to built long term customers for every company instead of looking for short term profits and as the deadline of the project is tight and if it is accepted and deadline is not met, then it would be a long term loss for Whale Printing Company. Plus the project itself is not acceptable in terms of profitability; therefore there is no reason why Mr. Hussey should accept the job.

Individual Business report Essay Example | Topics and Well Written Essays - 2000 words

Individual Business report - Essay Example Section Three: Conclusions &  Recommendations  Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..9 3.1 Recommendations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.9 3.2 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦10 4. Section Four: Bibliography  Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.11 1. Section One: Introductory Context Introduction 1.1. Terms of Reference The aim of this research paper is to determine what motivational theories can be applied to the employee base of Costlie Cosmetics Ltd in order to successfully improve their internal motivation leve ls. The problem at Costlie Cosmetics Ltd originated when some employees were laid off and the rest had to accommodate the extra work load while maintaining the same efficiency levels and without receiving additional compensation for that work load. The Chief Executive operated a centralized, autocratic organization where employee interaction was discouraged and they were afraid to even speak up about their grievances. Without additional compensation, resentment began to grow in the employees and their motivation levels fell. This adversely affected their service and product quality. As has been documented by previous research this had an overall dampening effect on the company and its performance and image in the market due to which it lost some business from some customers and attracted negative reaction and dissatisfaction from other customers. This paper thus looks at how the Human Resource function needs to be managed within an organization and how critical it is to the organiza tion’s final performance. It also looks at several theories of motivation and uses them to explain how the situation at Costlie Cosmetics Ltd can be rectified. This also encompasses a discussion of the current organizational structure and how it was posing a hindrance to the development of the employees and the organization as a whole. Further, it looks at how an organization should be structured to function more efficiently and eliminate many of the problems that Costlie Cosmetics Ltd was facing. Building upon previous secondary research on the topic, this paper looks at the possible ways that motivation levels among the employees of Costlie Cosmetics Ltd can be boosted so the company can get back on track. 1.2. Objectives The objectives of this research paper are to outline a plan of action that can be adopted to improve employee motivation at Costlie Cosmetics Ltd so that the performance of the company can be improved to match past splendor. 1.3. Research Method This paper uses secondary research previously published about motivational theories, organizational structure and Human Resource Management (HRM) to come up with a strategy to be implemented by Costlie Cosmetics Ltd in order to rectify its perilous condition. 1.4. Context The context for this research paper is provided by the pre-existing conditions of the business environment that Costlie Cosmetics Ltd was functioning in. A new competitor had deflated their market share dangerously and as a result they had lain off a lot of employees to