Preview

Ek Case

Satisfactory Essays
Open Document
Open Document
369 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ek Case
Recommendations

Given the solution3R’s (Reprice, Reposition, Redesign), the company can now make recommendations as to what Enchanted Kingdom must do and implement. After the general problem which is how to even out demand throughout the year has been solved, then other sub-problems like people spending too much time waiting for the rides during peak season and boosting the park attendance during lean months would also be answered. Given this, the first recommendation of the group is that for Enchanted Kingdom to pursue their expansion plans. But what the group would recommend is that they expand in other places outside Manila like Cebu and Davao. If this would be the case, then Enchanted Kingdom would have an advantage to major competitors like Splash Island and Star City because again, they would be the pioneer theme park in Cebu especially that extreme rides like those found in Enchanted Kingdom are still not offered here in Cebu. The problem of recession would not be an issue because it is visible that the economy of Cebu is boosting. According to Eric Ng Mendoza, president of the Mandaue Chamber of Commerce and Industry (MCCI), Cebu will continue to have a robust economy and a better business climate in the next years. Expansion here in Cebu would help Enchanted Kingdom gain more profit and at the same time, they would be able to pursue this long-time plan without worrying much whether people can afford leisure spending or not. Another recommendation would be that the company should spend a day wherein the members (membership cards) would celebrate together with the crew and staff of Enchanted Kingdom. This would be like a “Fun Day in EK” wherein all the regular customers who hold membership cards can have unlimited access to the rides and attractions offered. In this way, the company is building personal relationship to the customers and is aligning with its mission that is providing guests and crew unique experience of fun and enjoyment. They could

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Case

    • 532 Words
    • 3 Pages

    In the fall of 1977, Michael Stephens, sole proprietor of Stephens Construction, asked Warren Sanders, a local real estate broker, to find a large piece of land that would be suitable for development into a single family residential project. Sanders located several parcels and found a homestead staked and owned by Robert and Arlene Cross. Sanders contacted and met with Robert Cross in February of 1978 and stated that he was looking for land for a developer and had asked Cross to sign a listing agreement, but he refused. In September of 1978, Anders contacted Cross again and showed an offer from Stephens. Cross rejected this and two following offers.…

    • 532 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case

    • 278 Words
    • 2 Pages

    I think that the owner does need to know a medium amount of knowledge because he needs to be able to handle things wisely. What you know is what you can do.…

    • 278 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case

    • 397 Words
    • 2 Pages

    Managers are most likely to step across ethical and legal boundaries when the pressure to perform is great. Pressure can be healthy but companies that set high-performance targets and grant large rewards for achieving these must have strong control systems to ensure that people are not tempted to cross boundaries. What are the four important control systems? Please identify each control by name.…

    • 397 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Case

    • 480 Words
    • 2 Pages

    2. Evaluate Jefferies pricing considerations for the upgrade. Are there other pricing factors that Jefferies might consider?…

    • 480 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case

    • 655 Words
    • 3 Pages

    Assignment: Your team’s task is to recommend to the Board of Blaine Kitchenware (BKI) whether the firm should undertake the leveraged recap. In doing so, please address the four questions below.  Teams 1-6: your task is to recommend for a leveraged recap with quantitative and qualitative support  Teams 7-13: your task is to recommend against a leveraged recap with quantitative and qualitative support Along with a signed copy of the Marshall Honor Code, submit a hard copy case report of one-page, single-spaced executive summary, summarizing your analysis and recommendation(s), followed by up to five-page legible appendices of supporting calculations, analyses and reference. Note: An excel file with case exhibits 1-4 has been posted on Blackboard. You can only use this file (which contains copyrighted materials) for our class purposes and you may not copy or post the file on any other medium. Objective: This case is designed to provide you with the opportunity to apply financial analysis to critical financial decisions. We will apply various capital structure and payout theories to a leveraged recap decision by 1) examining issues involved in determining the appropriate capital structure, especially as it applies to enterprise and equity valuation; 2) analyzing the impact of the leverage on the weighted average cost of capital of the firm. You might find Chapters 3, 4, 7, 12 and 14-16 of our text useful. Possible concepts used: EFN, growth rates, financial ratios, financial leverage, MM propositions and tradeoff theory, pecking order theory, agency cost theory, share repurchase, special cash dividends, enterprise value, debt and equity value, WACC, cost of debt, cost of equity as well as the CAPM. Questions: 1. Is Blaine Kitchenware, Inc. financially sound? In particular, is the firm profitable? What is the firm’s sustainable growth rate? How is the company currently…

    • 655 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case

    • 903 Words
    • 4 Pages

    Sara Lee Corporation uses primarily a related diversification strategy. Note that questions 5 and 6 will be discussion only; no written answers required.…

    • 903 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case

    • 440 Words
    • 2 Pages

    Data Trappers, Inc. (DTI) is an SEC registrant headquartered in Seattle, Washington. DTI delivers security solutions to assist companies in monitoring their systems, managing information security risk and maintaining robust information security programs. Their computer software offerings encompass network and information security, network operations, cryptography, and privacy, among others.…

    • 440 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    case

    • 307 Words
    • 2 Pages

    They have made advertisements waging product wars against Ivory in a stiff competition to take over the personal care market…

    • 307 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    case

    • 606 Words
    • 2 Pages

    This case is about a company that goes by the name of Northern Insurance . Who makes a large investment on Technical Underwriting Financial System which goes by a short name (TUFS) . This was the largest investment Northern Insurance put in to their technical team . It was suppose to help “streamlining the underwriting process and providing strategic e-business capabilities” .( pg 67 ) Also it was to suppose to help save underwrites money . Months after the system was introduce it began to cost the company money spending around $4 million on it . Causing the CIO Martin job to be put on the line because of how bad the system was in the price that it was costing the company . Which lead to a meet with CFO melissa Freeman to figure out why the TUFS was not providing the benefits it was supposed to. An how the company can benefit from the system . Also rather not to keep investing time and money into the system .…

    • 606 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    CASE

    • 614 Words
    • 3 Pages

    This is a fun case in that it involves branded products that students will recognize yet probably do not associate with Clorox. A good way to introduce the case could be to bring in product samples or show the brand names of their many products and ask students what they have in common?…

    • 614 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    case

    • 2014 Words
    • 9 Pages

    Over two centuries, the Fries family of northern Kentucky and southern Ohio built a dynasty of sorts in the flavor industry. Alex Fries, a German immigrant with a background in chemistry, settled in Cincinnati during the early nineteenth century and a few years later established a flavor company. Throughout the nineteenth and twentieth centuries, Fries and his descendants owned, operated, or oversaw several flavor companies, the last of which was F&C International. In the early 1990s, F & C’s chief executive, Jon Fries, orchestrated a large-scale financial fraud that proved the undoing of the company and the family’s proud history in the flavor industry.…

    • 2014 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Case

    • 734 Words
    • 3 Pages

    1. ABC versus traditional costing. Euro Tech Corporation produces two types of audio cassettes: standard and high-grade. The standard cassettes are used primarily in answering machines and are designed for durability rather than accurate sound reproduction. The company only recently began producing the higher-quality, high-grade model to enter the lucrative music-recording market. Since the new product was introduced, profits have been steadily declining, although sales of the high-grade tape have been growing rapidly. Management believes the accounting system may not be accurately allocating costs to products.…

    • 734 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Case

    • 326 Words
    • 2 Pages

    HomePlus, the South Korean affiliate of the British supermarket chain TESCO, intends to expand its existing network of physical supermarkets with a number of virtual supermarkets at underground stations in Seoul. The concept is simple. Consumers need to download the HomePlus app to their smartphone and as they walk along the platform (waiting for their next train to arrive) they can scan the QR-codes of the products that are projected on a brightly lit billboard.…

    • 326 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Case

    • 644 Words
    • 3 Pages

    Investment in TrueComp pay for itself in only one year if such system minimizes the number of reward overpayments by 5%. In addition, TrueComp 's modeling capabilities are more valuable. Although, the system shows the bank if it is more profitable for awarding bonuses for referrals, or customer service ratings and opening new accounts.…

    • 644 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Case

    • 1618 Words
    • 7 Pages

    Malayan Law Journal Reports/1953/Volume 1/BERENGER v ROZARIO (MW) - [1953] 1 MLJ 239 - 1 July 1953…

    • 1618 Words
    • 7 Pages
    Powerful Essays