Case Study of NewCorp Legal - 865 Words

NewCorp Legal Legal Encounter One NewCorp is potentially liable for breaching Pats employee contract based on the termination terms established in the contract. NewCorp needed to put in the contract that hiring Pat was based on a three month probationary period. Pat also signed a document that stated that the employer has the right to terminate the employee at any time with respect to discharge; however, Pat believed that the document did not pertain to him because of the clause in the employee handbook he was provided since the employer failed to notify him of any deficiency in his duties and place him in corrective action plan. Pat also believes that he was being discriminated against because he was vocal over an issue during a recent school board meeting. In the University of Phoenix simulation (2012), it stated that in 20 states, including Vermont, employers can fire anyone for any reason except for things like age, gender, race or disabilities. Pat was fired for unsatisfactory performance therefore; they had a right to terminate him. For example, the organization has documentation signed by Pat stating that the organization has the right to terminate the employment at any time. Based on this, Pat could sue for damages based on retaliation. Pat can also collect Unemployment Compensation because he was wrongfully terminated. Pat has the right to sue for breach of employment contract; however, this will depend on how the case is perceived. Pat can also sue for

Pho 24 †Vietnamese Franchise System Free Essays

MODULE 1 1. Brief history of the chosen company. 2. We will write a custom essay sample on Pho 24 – Vietnamese Franchise System or any similar topic only for you Order Now The company’s mission statement: Mission, Vision, Major Goals, Core Values. 3. Some preliminary evaluation of the CEO’s leadership capabilities in comparison with key characteristics of good strategic leaders. Question 1. Brief history of the chosen company. 1. Introduction PHO24 used to be a Vietnamese noodle restaurant chain belonging to Nam An Group, the biggest FB Corporation in the country. Apart from PHO24, Nam An Group has owned and operated many other different FB brands including An Vien Restaurant, Maxim’s Nam An Restaurant, ThanhNien Restaurant, An Restaurant, Goody Ice Cream, Goody Plus Ice Cream, Ibox Cafe, etc. The first PHO24 outlet was opened in June 2003 on Nguyen Thiep Street, opposite to the prime landmark Saigon Sheraton Hotel. By June 2010, PHO24 has opened 77 outlets in Ho Chi Minh City, Ha Noi, Da Nang, Vung Tau, NhaTrang, Binh Duong, Jakarta (Indonesia), Manila (Philippines), Seoul (Korea), Phnom Penh (Cambodia), Sydney (Australia) and Hong Kong. PHO24 plans to open more stores in all major cities of Vietnam as well as in overseas markets, where there are extensive Asian populations. The founders believe that PHO24’s business concept is unique but easy to multiply due to its small space requirement, low investment, standardized operational procedures, and most importantly, the top quality of the food. Now, PHO24 noodle restaurant chain belongs to VTI, owner of Highlands Coffee, Hard Rock Cafe,   Emporio Armani, Swarovski, Aldo,   La Vie En Rose, Debenhams, Coorslight, Orangina†¦ 2. Brand name: PHO has been the most famous dish of Vietnam but it was only known as street food for many decades. Therefore, the founders of PHO24 saw this is an excellent opportunity to create a new business concept that meets the high standards but still preserving the traditional value. After nearly two years of market research – especially the customer’s taste – PHO24 has invented a unique flavor for PHO’s broth derived from 24 top-quality ingredients and spices. The  number  24  is  meaningful  for  Pho  24 * Pho  24 locations  open  24  hours. Pho  24 also  uses  a  total  of  24  ingredients  and  spices  in  its  pho  broth * Diligently  stewed  for  24  hours  before  it  is  served. * The  24  ingredients  plus  the  thorough  preparation  process  ensures  that  the  pho  broth  at Pho  24  has  a  rich  and  sumptuous  flavor,  according  t o  the  company. * The  broth  recipe  is  the  same  in  all  Pho  24  locations,  as  is  expected  for  any  food  franchise. So  wherever  Pho  24  takes  its  pho  dishes,  you  should  get  the  same  rich  flavor  and  taste  of  its  pho. This  is  key  to  a  successful  franchise  and  it’s  why  the  pho  experience  offered  by  Pho  24  is  fast  picking  up  in  worldwide popularity. PHO24 has been consecutively the winner of The Guide Awards voted by readers of Vietnam Economics Times, ThoiBaoKinhTe Viet Nam and Tu Van Tieu Dung magazine during 6 years from 2004 to 2009. In 2008 Pho24 was voted as an International Franchiser of the Year, accepted by FLA Singapore. In 2010, PHO24 is one of the top 10 â€Å"Ho Chi Minh City – One Hundred Excitements† which voted by travelers. 3. The Milestone of The Company: 2012 : target to reach 200 outlets total 2010 : target began to open shops in China and Japan. 12/2009:Franchise stores open at No. South Korea and Hong Kong, bringing its total stores to 73rd (more than 57 stores in the city. HCMC),with16 stores in foreign countries (Indonesia, Cambodia, Korea, Philippines, and Hong Kong). 8 / 2009: New franchise agreements in Hong Kong and Macau. Will open its first store in Hong Kong and Macau in October 10/2009 3 / 2009: Total number of noodle shops in Vietnam and 24 foreign countries has reached number 70 af ter six years in operation 9 / 2006: Pho 24 and VinaCapital – the leading financial companies in Vietnam – officially signed a cooperation and investment. / 2005:Open the first franchise in foreign countries (Jakarta, Indonesia). We have 6 noodle shop in Jakarta on 24 November 2008. 1 / 2005:Open the first franchise store in Ho Chi Minh district, followed by a few other shops in the major cities of Vietnam like Da Nang, NhaTrang,Vung Tau, BinhDuong †¦ 12/2004:Opens first store in Hanoi, the capital ofVietnam and also the â€Å"capital of pho† 6 / 2003:Opens first store at No. 5 Nguyen cards, district 1, Ho Chi Minh City. Shop quickly became popular destinations for tourists and residents. Question 2. The company’s mission statement: Mission, Vision, Major Goals, Core Values. Pho24’s Vision: â€Å"To be the number one Vietnamese Pho and Noodle Brand in the world. † Pho24’s Mission: â€Å"To be the Global Category Developer for Chain Pho with the Objective of being the first mover in each market we enter. † Pho24’s major goals: â€Å"Make PHO24 become the number one and the most famous Vietnamese Pho and Noodle Brand in the world. † Pho24’s core values: â€Å"Always make customers come to PHO24 with great expectations and to leave with full satisfaction. † Business Philosophy: Everything we do is based on quality, customer service and integrity. We believe that repeat customers are the lifeblood of our business. We also trust that new customers are valuable energy for our business development. Therefore, we invite our guests to come to any PHO24 outlets with great expectations and to leave with full satisfaction. We onl y select franchisees that can share and convey our high standards to our customers† Question 3. Some preliminary evaluation of the CEO’s leadership capabilities in comparison with key characteristics of good strategic leaders. Ly Quy Trung was born in 1966 in SaiGon. He founded Nam An Group. Subsidiary Pho24 noodle soup chain is the largest chain restaurant in Vietnam. Nam An Group also acts as general distributor for foreign food brands such as Australian franchise Gloria Jean’s Coffees, Canadian frozen yogurt vendor Yogen Fruz and Singaporean bakery chain Bread Talk. The Group wholly owns a dozen restaurant chains in Vietnam, including Maxim Nam An gourmet restaurants and Cafe Terrace bistros. According to the aforementioned qualifications, we can identify some key features which all converge in Ly QuyTrung, the successful CEO of Pho24: Firstly, he has very good vision and wide perspective. In order to develop Pho24 to be the world wide branch to rival with McDonald’s or KFC, from the very first days, Ly QuyTrung has invested in RD or qualification testing, while other people said that they are not necessary for such a Vietnamese restaurant. He is a consistent leader. Being well aware of his company’s position in the market, in spite of the fact that there are a lot of new competitors like Pho Vuong, Pho Cali, etc. Ly Quy Trung believed that they are not his main rivals. He was confident to claim that the quality of the foods and services, along with the prestigious branch are not something that we can create in the short term of time. He was cared about the domestic market. But that is not everything, his main strategy is to make traditional dish of Vietnam – pho – become a fast food franchise appeared over the world. It is clearly shown in the vision of Pho 24: â€Å"To be the number o ne Vietnamese Pho and Noodle Brand in the world†. Finally, he has willingness to delegate and empower, which is needed to be a good leader. By choosing franchise business model, Ly Quy Trung made decision of building a chain of restaurant about traditional food, spreading it over the world. He built the secret recipe for his dish, created the dining environment and other differentiation factors for his brand names. Then, he didn’t have to control all the chain but only be the managers and controllers, taking care about the quality of products and services in chain restaurants. Empowering people like that, he has created jobs for thousands people, changed the habit of the Vietnamese of eating n sidewalk not good for health, as well as made a nice appearance of traditional food for the foreigners – an efficient way to represent our culture and promote Vietnamese tourism. In conclusion, Ly Quy Trung is a successful talented leader. Although there has been more and more difficulties, Pho 24 still strives to contribute for Vietnam economic development and make their brand famous and popular in over the world. How to cite Pho 24 – Vietnamese Franchise System, Papers

Architecture Technology Accounting Statement Analysis

Question: Explain about the Architecture Technology for Accounting Statement Analysis. Answer: Introduction In current, business organizations face numerous serious issues in order to operate their businesses in an effective way. Moreover, in order to resolve the major issues related to the business, each and every organization is focusing on the technologies. In todays technological era, business organizations are adopting as well as implementing technologies to perform their business activities, to improve their efficiency, and to achieve competitive advantages in an effective way. This research paper is helpful to express the importance and roles of the technologies for the success of the business organizations. Additionally, the paper would also be helpful to demonstrate that how new technologies may be beneficial for the business organizations in order to perform all the business functions in an accurate manner. Furthermore, the paper would also be beneficial to present the criteria that the business organization should consider to specify the structure and features of a new system. Criteria Need to Consider Specify the Structure and Features of New System It is well-known that the business organization should adopt and implement information system as per the needs and requirements of the business. Along with this, in order to accomplish the desired outcomes, the structure as well as features of the information system must be as per the criteria of the business. On the basis of the given case study, it should be noted down that, Citizens Gas Company (CGC) should implement an effective and appropriate information system in order to accomplish the long-term goals and objectives of the business in an effective way (Bidgoli, 2011). Apart from this, CGC must consider pre-determined criteria in order to specify the structure as well as features of new information before implementing the information system. The criterion CGC must consider to state the structure and features of new system is described as below: Market Research: The CGC must consider market research as an important criterion in order to signify the structure and features of new system for the proper implementation of the system. The main reason behind it is that the market research would be helpful to gather all the required data and information related to the demand and supply of the product/service. Along with this, a proper market research would also be helpful to represent the data that may have an impact on the demand and supply of the product/service (Reiff-Marganiec, and Ryan, 2005). In this way, with the help of market research, CGC would be able to isolate all the factors that have negative impact on the demand as well as supply of the gas. In this way, by considering this criterion into new system, the firm would be able to state the required quantity of the gas in the three revenue classes in an appropriate way. Cost/Benefit Analysis: The CGC must also consider cost/benefit analysis as important criteria of the new system. It is because of the cost/benefit analysis plays a significant role to evaluate the strengths and weaknesses of available alternatives that may be beneficial to affirm the transactions, activities, and functional requirements of a business in an effective and a proper manner (Besnard, Gacek, and Jones, 2006). In addition to this, with the help of cost/beneficial analysis the firm would be able to come to a decision that whether it firm should proceed with a decision or not. In this way, the cost/benefit analysis would be helpful to represent the benefits that the firm can achieve and costs that are related to the implementation of the system. Supportability: Supportability is one major criterion that the firm must consider in order to specify the structure as well as features of new system. It is because of the proper implementation of a new system total depends on the support of the people of an organization. For case, it all the management and employees of a business organization would be able to understand the system then they would be able to provide support and comprehend all the important functions of the system to perform all the business activities in an effective and an accurate manner (Donnellan, Helfert, Kenneally, VanderMeer, Rothenberger, and Winter, 2015). Moreover, if all the workers of the firm would be able to support the new system then they would also of able to perform their roles and responsibilities in a timely manner. Apart from this, if the employees of the firm would not be able to understand and support the system then it would be risky for the success as well as growth of the organization. In this situation, the new system may create complexities for the firm and consequently; it may influence the efficiency and performance of the firm in a negative way. In this way, supportability is an important criterion that CGC must consider to detail the structure and features of new system. All the employees of the firm would be able to understand the system and perform all the activities accordingly (Glinz and Heymans, 2009). This criterion would be helpful to improve the accuracy level of the system and also improve the performance of the employees in an effective and an appropriate manner. Data Processing Environment: Data processing environment is also an important criterion that needs to consider in specify the structure and features of a new system. It is because of it plays a major role to collect as well as manipulate data in order to turn out meaningful information in a systematic way (Architecture Technology Corpor. 2013). Along with this, data planning process also important to collect, use, and restore available information to improve the performance and efficiency of the system in an effective and an appropriate manner. The below given diagram is helpful to demonstrate that how a data processing process is helpful to process the data and to provide useful information to the business organization on the basis of the available data. Turnaround: Quick turnaround is also a key criterion that must be considered in order to specify the structure and features of new system of CGC. Turnaround plays a significant role in order to be acquainted with the actual quantity of the product/service. The turnaround report provided by the new system would be helpful in order to offer directions and guidance to the degree of automation and to reduce the complexity of the business. Moreover, with the help of turnaround report, the system would be able to perform multi-functions and to do appropriate planning for the success and growth of the organization (Ryan, Meyer, and Ehrich, 2004). In this way, the quick turnaround would be beneficial to provide accurate results and to fulfill the requirements of the organizations in an effective and a timely manner. In this way, the turnover criteria into the new system of the firm would be valuable to improve the accuracy, efficiency, performance, and to reduce the complexities, and data in put requirements in a significant way. Accuracy Frequency: Accuracy and frequency is also important criteria that CGC must consider to denote the structure with features of new system. The main reason behind it is that accuracy would be helpful to decide the required level of detail, quality of the data, and intricacy of the system in an appropriate and an accurate manner. On the other hand, with the help of this criterion, the firm would also be able to fulfill the demand and supply of the product/service as per the requirements and to reduce the barriers in order to improve the performance of the organization and system (Butler, Jones, Romanovsky, and Troubitsyna, 2006). Apart from this, frequency will play a significant role to recommend the essential directions and guidelines in order to improve the level of automation and to decrease the level of complexity of the system. On the basis of the above discussion, it can be sad that, these all are the most important criteria that CGC must consider to specify the features and structures of the new system. These all the criteria would be helpful to reduce the deficiency and to improve the efficiency of the organization in an effective and a significant way. Moreover, by considering these criteria, CGC would be able to fulfill demand and supply related to the gas and to fulfill the needs of three revenue classes as per their demands as well as requirements (Pidduck, Mylopoulos, Woo, and Ozsu, 2003). In this way, CGC have to consider the above discussed criteria to improve the performance, to reduce the barriers, and to fulfill the needs requirements of its customers, to improve the satisfaction level in, and to operate the business in long-run in an effective manner. Data That Should Be Incorporated Into New System to Provide Adequate Planning Capability On the basis of the given case scenario, it should be noted down that, CGC is facing a lot of problems to operate its business activities. Moreover, the planning efforts of CGC were incapable to control the supply during the gas year and also to present the information that was essential to establish long-term contracts. The firm was unable to estimate the actual demand for gas. Consequently, it reduced the sales and also increased supply of the gas. Moreover, CGC decides to design and implement an information system to reduce these problems and to evaluate gas supply and demand in an effective and an appropriate manner. On the other hand, to provide adequate planning capability, the firm must incorporate some important data into the new system (Glaeser, 2013). These data are described as below: Customers: CGC should include data related to customers into its new system to offer adequate planning capability. The main reason behind it is that, with the help of this, the firm would be able to recognize the actual numbers of customers (Sofroniou, 2009). Moreover, if the system will incorporate the data related to customers then it would be able to project the customers and to divide the customers into the categories on the basis of the usage of the products/services. In addition to this, data related to customers is important for the success of the organization. The main reason behind it is that a customer base plays a significant role in order to recognize the growth factors and prospective of an organization. For that reason, the firm must incorporate data related to the customers into the new system to facilitate the customers and to fulfill the requirements of the customers in an effective and a significant manner (Tou, 2012). Weather: The organization must incorporate data related to weather into new system in order to provide adequate planning capability. The main reason behind it is that weather is an important factor that may influence the supply and demand of a product/ service. Along with this, data related to weather would be advantageous to be acquainted with the seasonal demand of the products and services in a proper way. For case, on the basis of the given case scenario, it should be noted down that, gas usage of CGCs customers associated with the weather (Kroenke, Bunker, and Wilson, 2013). In this way, it can be said that, the data related to weather must be incorporated into the system in order to estimate the actual demand and to project the seasonal requirements for gas in an effective and an accurate manner. Sales Forecast: The firm must incorporate sales forecasts data into the new system in order to provide adequate planning capability. It is because of sales forecast data of a firm is essential to project the sales of the firm in upcoming years. In addition to this, sales forecast data also play a significant role in order to find out the growth rate and to estimate the future sales of a product/service (Satzinger, Jackson, and Burd, 2011). Moreover, sales forecast data are important because of these data are essential to predict the sales, to determine the annual growth rates, and to project the sales in future time period in an accurate manner. Consequently, CGC must include sales forecast data into its new system to provide adequate planning competence to the organization. Demand of the Product/Service: The firm must integrate data related to the demand of the product or service into the new system to provide adequate planning capability. The main reason behind it is that these types of data would be helpful to estimate the demand of the product or service and to supply the product/service accordingly (Gelinas, Dull, and Wheeler, 2014). In this way, data related to the demand of the product/service ought to be incorporated to reduce the depletions and to fulfill the requirements of the customers in a proper manner. Contract: CGC should incorporate data related to the contract into its new system to provide adequate planning capability. On the basis of the given scenario, it should be noted down that, the company was obliged to pay for the gas volume that was specified in the contract, as opposed to the amount used. In this way, by considering the data related to the contract, the firm would be able to estimate the amount of the gas that was used in previous year and also be proficient to pay accordingly (Pablos, and Patricia, 2015). Apart from this, these types of data would also be helpful to denote the term conditions, volumes, unit costs, and payment conditions between the firm and suppliers. In this way, data related to supplier contract would also be favorable to improve the effectiveness of the organization. Storage Capacity: In order to provide adequate planning capability, CGC must incorporate data related to storage field capacity into the new system. It is because of these types of data would be beneficial to store and supply the gas as per the requirements of the customers (Stephens and Meyers, 2013). Customer Rate Structure: To provide adequate planning capability, CGC must include data related to customer rate structure into the new system of the firm. Moreover, the customer rate structure data is important because of these types of data play a major role to provide monthly rate information of the revenue class level (residential, commercial, and industrial classes) in an accurate and an appropriate way (Taranath, 2009). In this way, by including these data, the system would be proficient to offer periodic rate changes appropriately. Priority System: CGC should include a priority system into new system to provide adequate planning capability. It is because of a priority system would be valuable to fulfill the emergency needs and requirements of the firm in a pre-determined time period (Parsons and Oja, 2014). Conclusion On the basis of the above discussion, it can be concluded that, CGC must consider all the above discussed criteria to specify the structure and features of new system. Moreover, the firm must incorporate all the above discussed data into new system to provide adequate planning capability for the success and growth of the organization. In this way, the new system of the CGC would be able to determine the demand supply for gas, to complete the needs of the customers, and to fulfill the requirements of the firm in an appropriate manner. References Architecture Technology Corpor. 2013. Computer Architecture Technology Trends. Elsevier. Besnard, D., Gacek, C., and Jones, C. 2006. Structure for Dependability: Computer-Based Systems from an Interdisciplinary Perspective. Springer Science Business Media. Bidgoli, H. 2011. MIS2 (2nd ed.). Cengage Learning. Butler, M., Jones, C., Romanovsky, A., and Troubitsyna, E. 2006. Rigorous Development of Complex Fault-Tolerant Systems. Springer. Donnellan, B., Helfert, M., Kenneally, J., VanderMeer, D., Rothenberger, M., and Winter, R. 2015. 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Impact of Economic Crisis on Education and the Next-Generation Workforce. IGI Global. Parsons, J.J., and Oja, D. 2014. New Perspectives on Computer Concepts 2014, Comprehensive (17th ed.). Cengage Learning. Pidduck, A.B., Mylopoulos, J., Woo, C.C., and Ozsu, M.T. 2003. Advanced Information Systems Engineering: 14th International Conference, CAiSE 2002 Toronto, Canada, May 27-31, 2002 Proceedings. Springer. Reiff-Marganiec, S., and Ryan, M.D. 2005. Feature Interactions in Telecommunications and Software Systems VIII. IOS Press. Ryan, M.D., Meyer, J., and Ehrich, H. 2004. Objects, Agents, and Features: International Seminar, Dagstuhl Castle, Germany, February 16-21, 2003, Revised and Invited Papers. Springer. Satzinger, J.W., Jackson, R.B., and Burd, S.D. 2011. Systems Analysis and Design in a Changing World (6th ed.). Cengage Learning. Sofroniou, A. 2009. A Guide to Information Technology. Lulu.com. Stephens, M.P., and Meyers, F.E. 2013. Manufacturing Facilities Design and Material Handling. Purdue University Press. Taranath, B.S. 2009. Reinforced Concrete Design of Tall Buildings. CRC Press. Tou, J.T. 2012. Advances in Information Systems Science, Volume 5. Springer Science Business Media. Zowghi, D., and Jin, Z. 2014. Requirements Engineering: First Asia Pacific Requirements Engineering Symposium, APRES 2014, Auckland, New Zealand, April 28-29, 2014, Proceedings. Springer.