Your next step as IT manager developing a business plan for the new HWE Accessories website is developing an implementation plan.
Write a 2- to 4-page implementation plan for the HWE Accessories website that includes the following:
-Changeover approach: Describe how you plan to complete the project and fully transition.
-Data insertion and migration: Explain how to migrate data to the new system and maintain data integrity, including related processes and tools.
-Configuration management: Determine how to verify, maintain, and document the functional and physical characteristics of the project’s deliverables, including tools you recommend.
-Release process for updating the system: Recommend a plan for how system updates will be rolled out to users.
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Imagine this scenario: HWE Accessories produces cell phone accessories, such as cases and screen covers. Most of the current sales occur in retail stores. The existing website for HWE Accessories is informational only, and they would like to implement an entirely new website which will allow customers to browse inventory, compare items, and make purchases. HWE Accessories is a relatively small company without an internal IT department. As IT manager, you will develop a business plan for the new HWE Accessories website throughout this course. The first step is preparing the business case.
Write a 3- to 4-page business case for the new HWE Accessories website that includes:
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Imagine this scenario: HWE Accessories produces cell phone accessories, such as cases and screen covers. Most of the current sales occur in retail stores. The existing website for HWE Accessories is informational only, and they would like to implement an entirely new website which will allow customers to browse inventory, compare items, and make purchases. HWE Accessories is a relatively small company without an internal IT department. As IT manager, you will develop a business plan for the new HWE Accessories website throughout this course. The first step is preparing the business case.
Write a 3- to 4-page business case for the new HWE Accessories website that includes:
Timely Delivery– primewritersbay.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction- Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Writing services provided by experts- Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy Please Note-You have come to the most reliable academic writing site that will sort all assignments that that you could be having. We write essays, research papers, term papers, research proposals. A former company I worked for in Nashville was a medical transport company called Caliber Patient Transport.
Timely Delivery– primewritersbay.com believes in beating the deadlines that our customers have imposed because we understand how important it is.
Customer satisfaction- Customer satisfaction. We have an outstanding customer care team that is always ready and willing to listen to you, collect your instructions and make sure that your custom writing needs are satisfied
Writing services provided by experts- Looking for expert essay writers, thesis and dissertation writers, personal statement writers, or writers to provide any other kind of custom writing service?
Enjoy Please Note-You have come to the most reliable academic writing site that will sort all assignments that that you could be having. We write essays, research papers, term papers, research proposals. A former company I worked for in Nashville was a medical transport company called Caliber Patient Transport.
Kentuckyville Slugger (KS) is a manufacturer of baseball and softball accessories. The company was established by Sammy Sousa in 1913, and produced only wooden baseball bats. KS has evolved over the past hundred years to offer a wide variety of products, including aluminum bats, batting gloves, cleats, and fielding gloves. KS’s products are sold in Canada, the United States, and Mexico. Since inception, the company has continued to be a family-run, closely held business with its manufacturing plant located in Red Deer, Alberta.
Recently, the company has been finding it difficult to compete in the global marketplace due to the fluctuating Canadian dollar, the lower wage costs in Asia, and a general decrease in consumer discretionary spending following the global credit crisis. The recent competitive pressures have made it difficult for KS to reinvest in its capital assets in order to become more efficient.
The current CEO, Michael Sousa, does not want to relocate as the company is a long-standing member of the Red Deer community, providing many citizens with well-paying jobs. However, the competitive landscape is making it difficult to continue the status quo.
Michael has recently come across a new government grant program that is part of an initiative to improve the productivity of Canadian companies and promote employment. The program provides eligible manufacturing companies with the opportunity to receive a forgivable loan to upgrade their capital assets in the interest of efficiency. The following criteria are used to assess eligibility:
• The grant must be used to invest in capital assets that will improve productivity, as measured by output per employee hour.
• The grant must promote employment in the manufacturing sector in Canada.
• The company must display a financial need for the application.
If obtained, the grant would allow KS to continue to operate in Red Deer with the same workforce and increase its output by at least 20%. Audited financial statements must be included with the grant application.
Brandon Sousa, CPA, is the controller of KS. Recently, Brandon has begun preparing the December 31, 2020 year-end financial statements to provide to the external auditors. Brandon recently met with Michael in order to discuss certain transactions that have yet to be recorded in the books of account. Michael would like Brandon to prepare a report that discusses the appropriate accounting treatment of these transactions. The notes from the meeting can be found in Exhibit I.
Exhibit I
Notes from Meeting with Michael
• KS entered into a sales agreement with the Canadian Hardball Association (CHA) to provide 5,000 hardball bats (at a price of $50 per bat) for an upcoming international baseball tournament that will be held in Canada. The bats were shipped to the CHA during the month of November 2020. Per the agreement, the CHA has until February 2021 to inspect the bats in order to determine if they meet international safety and performance standards.
• KS has manufactured bats for similar tournaments in the past and has never had an issue meeting the safety and performance standards. Michael suggests not recording any revenue in the current year because the CHA has the right to accept or reject the quality of the bat.
• KS delivered 2,500 soft-spike cleats to The Shoe Store for $100,000 in December. The cleats were sold during the holiday season. The cleats can be returned to KS within one year of the purchase date in the case of a manufacturer defect. Past history suggests that 5% of the cleats are returned within the one-year return period. Michael suggests that the revenue should be recorded once the right of return period lapses.
• During the year, KS entered into a sales agreement with SportStore (SS) whereby KS designed and manufactured an aluminum bat that is to be sold exclusively through SS’s retail stores across Canada. The exclusive agreement is for a two-year period, at which point the bat can be sold through other retailers. During the agreement period, SS must purchase a minimum of 100,000 bats from KS at a price of $55 per bat. During the year, SS purchased 45,000 bats.
• KS incurred $155,000 in design and development costs during the year in developing the bat. KS incurs $25 in costs to manufacture the bat. Michael suggests that the $155,000 design costs be expensed in the current year.
• KS sold on credit 2,500 KSX baseball gloves for $50,000 to Q-Mart in November 2020. Q-Mart is a large public company, with retail stores across Canada and the United States. Around year end, analysts have begun reporting that Q-Mart is having serious financial difficulties and may file for bankruptcy if its lenders do not restructure its debt. Q-Mart’s share price has plummeted in recent weeks. Michael suggests writing off the $50,000 account receivable.
• During the year, KS acquired a new storage warehouse in Red Deer. The warehouse was purchased for $250,000. KS then incurred $10,000 in costs to install an HVAC system and $7,500 to replace the roof shingles. Michael suggests expensing the additional costs ($17,500) as repairs and maintenance.
Required
Assume the role of Brandon and prepare the report. The financial statements are prepared in accordance with ASPE
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CARDWARE Inc. plans to take over First Class Purses & Accessories (FCPA) in an effort to coordinate elegant CARDWARE professional attire with items from FCPA that will complement CARDWARE’s fashion designs. Darla, owner of Darla’s Dummies, a mannequin manufacturer whom CARDWARE had used on numerous occasions happened to be delivering mannequins to CARDWARE’s principal place of business in Silkadonia. As she was bringing the last of the dummies down the hall to the room where the dummies are dressed, she paused to listen to a conversation coming from one of the open doors of the hallway she was using. Realizing that a profit could be made from FCPA’s stock, Darla called her broker and indicated that she wanted to purchase 50 % of the outstanding stock that was available for FCPA. Darla bought 2,000 shares of stock at $30 a share. CARDWARE offered $50 a share and ultimately ended up paying $65 per share for FCPA stock. Darla was no dummy, as she made a $70,000 profit on her stock purchase. The Securities and Exchange Commission (SEC) filed a suit in a federal district court against Darla and others for alleged violations of, among other things, SEC Rule 10b-5. [SEC v. Falbo 14 F.Supp.2d 508 (S.D.N.Y. 1998)] Discuss the following, justifying your response using information from your Reading Under what theory might Darla be liable? Do the circumstances of this case meet all of the requirements for liability under that theory? Explain. Examine the SEC Rule 10b-5. Discuss whether or not Darla was liable under the misappropriation theory.
When conducting business, there are set certain rules that are supposed to be followed by the management and the employee to avoid going against the terms and conditions the business follows. In the case of Darla, the terms and conditions revolving around the operation of the business do not allow her to conduct business without the consent of the other business people(O’Leary-Kelly, et al., 2014). Darla may be liable in the theory which prohibits fraud, misinterpretation, and deceit in the sale and purchase of securities.
Whether the case meet all circumstances under the theory.
The reason behind this question is because the theory provides that there is no consent of misinterpretation and deceit. This is not the case because Darla transacts with the dummies but the company makes profits (O’Leary-Kelly, et al. 2014). This may not be fraud since there is no loss in the company but there is a breach of the contract that was between Darla and then company.
3. Examine the SEC Rule 10b-5
The SEC rule provides that an employee should not employ any device or scheme to fraud (Payne, et al., 2015). Making……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………..
………………………….First Class Purses & Accessories ………………………………………………………………………………………………………………………………………………………………………………………………………
References
O’Leary-Kelly, A. M., Henderson, K. E., Anand, V. & Ashforth, B. E. (2014). Psychological Contract in a Non-Traditional Industry Exploring the Implication for Psychological Contract Development. Group & Organization Management, 39(3): 326-360.
Payne, S. C., Culbertson, S. S., Lopez, Y. P., Bowel, W. R. & Barger, E. J. (2015). Contract Breach As A Trigger For Judgement To The Psychological Contract During The First Year of Employment. Journal of Occupational and Organizational Psychology, 88(1): 41-60.