Friday, February 14, 2020

Assignment 3 Example | Topics and Well Written Essays - 750 words - 4

3 - Assignment Example enge the system include less available time between the demand peak and harvesting times of dried fruits, scheduling and planning of production and distribution of fruits, transportation costs, and order lead time. All of these issues act as major constraints for the supply chain management of Sunsweet Growers. As the result of the above-mentioned problems in the supply chain system, the company encountered some problems. For example, the company was finding it difficult to process the fruits very quickly in order to make them available in markets when required. Usually, the demand increases during the occasions of Christmas and Easter and the harvesting time is very close to these months, particularly, the month of Christmas. Therefore, the company had to pay extra money to its workers in order to get work done on time considering the closeness of the production and demand peak dates. Secondly, as the company produces fruits for nearly one-third of the markets all over the world, packaging the fruits in 20 different languages was another complex process. Moreover, as the company needs to distribute the products to different countries, scheduling and planning the production and distribution according to the need and demand of the foreign markets was another problem that the company encount ers as the result of supply chain issues. The above-mentioned problems can have a negative impact on the business of any company but Sumsweet Growers is a professional and specialized company in the field of dried fruits production, therefore, the impact of these issues is not that much off-putting for the company as it could have been for other companies in this field. However, added up costs for production, distribution, and transportation were still the issues for the company because they directly affect the annual revenues of any company. Therefore, the company needed to come up with some proper solution to address these issues properly. As an effort to address the supply

Saturday, February 1, 2020

Enron Corporation Article Example | Topics and Well Written Essays - 500 words

Enron Corporation - Article Example This proved to be a blatant violation of the accounting rules and eventually led to the mess that resulted in the bankruptcy of Enron and criminal prosecution of several Enron employees. Secondly, Mr. Kenneth Lay held a great deal of responsibility because he spearheaded the overstatement of Enron's income for four years prior to the bankruptcy. This effectively and efficiently led to his conviction for securities fraud, wire fraud and making false and misleading statements. Thirdly, Mr. David Duncan held some of the responsibility because he was aware that there were violations with regards to the rules of bookkeeping and was bounded by the ethics of his profession to report such violations. By not doing this, he was responsible to some degree for the final collapse of Enron. Fourthly, the accounting firm of Arthur Andersen held the responsibility because they were hired as auditors to ensure that the accounting rules were being followed. At any point during the audit, they could ha ve reported the misdoings of the Enron officials. Finally, the stock analysts held some blame because they continued to recommend Enron stocks even after the value of shares in the Enron Corporation fall drastically in late 2001. 2.