Solution

Case Solution for The New Year’s Eve Crisis

Complete Case details are given below :
Case Name :      The New Year’s Eve Crisis
Authors :           William Naumes, Margaret J. Naumes
Source :             North American Case Research Association (NACRA)
Case ID :            NA0100
Discipline :        Entrepreneurship
Case Length :    06 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
Mike Valenti, founder and president of Michael’s Homestyle Pasta of Connecticut, has just finished a four-hour conference call with his top managers, his lawyer and Fred Jones, the Quality Assurance manager at Southern Pasta Company. Michael’s had acquired Southern, a Florida firm, three weeks earlier, on December 10, 2001. It had taken the quality assurance manager until early in the morning of New Year’s Eve day, Monday, 2001, to admit to Ted Brewer, V.P. of Operations for Michael’s, that he had been falsifying safety inspections of Southern products. He told Brewer that the seafood stuffed pasta shells leaving the Southern plant had been contaminated with salmonella. Much of the last batch of product had been sent to Southern’s largest customer, a national chain of 200 restaurants. Michael’s had purchased Southern, in no small part, to capture this account. Jones stated that the president of Southern, an Austrian national, had coerced him into falsifying the quality control reports. Brewer has told Valenti that some of the tainted product had been stopped before it was shipped. The discussion leads to options that the management team could follow. Since New Year’s Eve is one of the largest sales days of the year for restaurants, Valenti knows that he has to do something quickly. He also knows that, regardless of what he does, the reputation and future of his company rest on the outcome of his actions. He is considering what to do at the end of the case, late in the afternoon of New Year’s Eve day.

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Case Solution for Funding Philanthropy: Creating a Service NGO for Mothers

Complete Case details are given below :
Case Name :      Funding Philanthropy: Creating a Service NGO for Mothers
Authors :           Veena Srinivasa, Joan Winn
Source :             North American Case Research Association (NACRA)
Case ID :            NA0123
Discipline :        Entrepreneurship
Case Length :    16 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
This case is about an affluent and educated woman who decided to start her own organization to support young mothers. Shortly after the birth of her first child, Karin Marques stopped working full-time and soon felt the pangs of “maternal isolation” that mothers commonly report. Finding no satisfaction in the already-existing network of Mothers’ Centers, which were geared more towards childcare, Karin formulated a concept for a mothers’ center that would “provide support to women before, during, and after their maternity leave.” By adopting a theme of “equal opportunities for men and women” – a priority for European Union Member States and an area where the Czech nation planned to grow – Karin registered Klub K2 as a non-governmental (non-profit) organization (NGO), and hoped to access funding from foundations or the European Union. The thematic focus Karin has chosen – women’s reentry to the labor market after maternity leave – is a hot-button issue, particularly in new European Union Member States. Yet as Karin’s start-up costs rose, and some members of her team of instructors backed out, Karin wondered how all of the pieces would come together by the time she was ready to launch her organization.

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Case Solution for The Green Duplex

Complete Case details are given below :
Case Name :      The Green Duplex
Authors :           John J. Lawrence
Source :             North American Case Research Association (NACRA)
Case ID :            NA0058
Discipline :        Entrepreneurship
Case Length :    18 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
Sean and Rachel McFarland had decided to build an environmentally friendly “green” duplex as an investment for their retirement. Sean had been working with a builder on the design, and had recently received an updated cost estimate from the builder that was 35% higher than the original estimate. Sean is trying to figure out what type of return the project will produce compared to equivalent, non-green investments, how he might reduce the cost of the duplex to improve the return without sacrificing the ‘greenness’ of the project, and whether or not he should proceed with the project at all. Uncertainty about how much rent the green duplex can generate, ambiguity about which design elements are most important from the standpoint of building green, and the existence of multiple goals for the project all make the decision of what to do more difficult for Sean.

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Case Solution for Powerwater Beverages

Complete Case details are given below :
Case Name :      Powerwater Beverages
Authors :           Jeffrey P. Shay, Bambi Douma, Tony Crawford, Josh Herbold
Source :             North American Case Research Association (NACRA)
Case ID :            NA0028
Discipline :        Entrepreneurship
Case Length :    24 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
Describes the early stage development of PowerWater Beverages, a company poised to capitalize on the growing U.S. consumer demand for bottled water and, more specifically, for “pure water”. The investors successfully negotiated the exclusive rights and interest in a trade secret and industrial design to produce and distribute a pure distilled oxygenated water, secured commitments from independent representatives who comprised the company’s national sales force, and signed contracts with co-packers, suppliers, and distributors. As the CEO, Kent Mawhinney, prepares for a board meeting, he must determine whether his CPA’s estimated capital requirements are correct, calculate what the pre and post money valuation for the company, analyze the impact of proposed alternatives, reassess the strength of the opportunity to see if it still makes sense to pursue it, and determine whether other opportunities for PowerWater’s distilled, oxygenated water product exist beyond the general market that the core product will target. This case is intended for undergraduate and graduate entrepreneurship, entrepreneurial finance, and finance courses. We realize that this presents a wide range of potential applications for the case but believe that the rich data provided in the case provides adequate information for the case to add value to the aforementioned courses. Professors using this case should have already or should intend to provide students with lectures and assigned readings on how to analyze the feasibility of entrepreneurial ventures. This should include the appropriate tools and models for conducting analyses from an entrepreneurial as well as financial valuation perspective. The author has used the work of Jeffry Timmons and Michael Porter as the basis for discussing this case.

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Case Solution for Midland Bull Test – Going Green? (A) and (B)

Complete Case details are given below :
Case Name :      Midland Bull Test – Going Green? (A) and (B)
Authors :           Tom D. Hinthorne, Patricia A. Holman
Source :             North American Case Research Association (NACRA)
Case ID :            NA0098
Discipline :        Entrepreneurship
Case Length :    17 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
It was June 2008 at Midland Bull Test in south-central Montana. The (A) and (B) cases feature Leo McDonnell, Jr. and his wife “Sam,” the owners of Midland Bull Test, a long-time leader in the performance testing of bulls. Leo was a charismatic entrepreneurial leader in the cattle industry. Sam was an astute manager of their business affairs. In 2007, the two invested $700,000 in a feeding and monitoring system to produce feed efficient cattle that consumed less feed and produced less methane, a powerful greenhouse gas. Cattle produced 20% of the methane emissions in the US, and feed efficient cattle produced up to 40% less methane. Leo felt the potential for reducing methane production through increases in feed efficiency and other improvements in ranch practices was huge. He saw the feed efficiency program as environmentally unique. … sustainable,” and “part of a growing movement to reduce greenhouse gases in a socially responsible way.” In June 2008, Sam was concerned about meeting their cash flow objectives. Leo said, “I agree, but global warming is important too.” The conflicting interests emerge when Sam says, “Show me how ‘social responsibility’ adds value to Midland Bull Test. Why should we risk our money and reputation on going green?” The (A) case focuses on Leo and Sam’s analysis of installing an anaerobic digester to convert the biogases in manure to electricity for use or sale. The (B) case focuses on their marketing strategy and the possibility of positioning Midland as a green business. In addition, Leo and Sam wanted to leverage the emerging relationship with Pfizer who was developing DNA-marker technologies to improve animal health, quality, and productivity.

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Case Solution for TechMission: Jesus, Justice and Technology

Complete Case details are given below :
Case Name :      TechMission: Jesus, Justice and Technology
Authors :           Susan F. Sieloff, Robert Young, Raymond M. Kinnunen
Source :             North American Case Research Association (NACRA)
Case ID :            NA0026
Discipline :        Entrepreneurship
Case Length :    19 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
In early 2009 Andrew Sears, Executive Director of TechMission, a Christian social service nonprofit, faced a challenge known to many not-for-profit organizations, how to develop a sustainable organization, especially in an economic climate where charitable giving had declined. With limited resources and an expanding portfolio of programs, he had to balance three competing factors within TechMission: staying true to its Christian principles, sustaining its credibility in urban communities, and using technology as the driver for promoting social justice. Different initiatives presented different paths for potential growth. As well as determining the correct path, Sears knew that any path would require obtaining additional funding, potentially from secular organizations. The challenge was securing this funding in a tightening market and then allocating it to the initiatives that had the most potential. Additionally, it would be necessary to assure that all initiatives had the right programs, people and funding to move forward.

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Case Solution for Humble Abode Music and The Mammals: Not Your Grandpa’s String Band

Complete Case details are given below :
Case Name :      Humble Abode Music and The Mammals: Not Your Grandpa’s String Band
Authors :           Michael J. Merenda, William Naumes, Margaret J. Naumes
Source :             North American Case Research Association (NACRA)
Case ID :            NA0021
Discipline :        Entrepreneurship
Case Length :    17 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
The three founding members of The Mammals–Tao Rodriguez-Seeger, Ruth Ungar, and Mike Merenda–were facing a major decision. In the year just ending, the string band specializing in folk rock music had played over 160 concerts, earning approximately $100,000 in gross revenues but leaving little time to write or prepare new music. Signature Sounds Records had offered the group a recording contract. They needed to decide whether to accept the record deal and leverage Signature Sounds’ financial and marketing resources or to remain independent. Would the record label want them to tone down their sometimes-controversial songs and compromise their artistic values? They also had questions as to the role of their two backup musicians, Mike’s brother and a childhood friend. Should they join The Mammals on a permanent basis? The case presents information on the music industry in general and the folk segment in particular.

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Case Solution for Fisk Alloy Wire and Percon

Complete Case details are given below :
Case Name :      Fisk Alloy Wire and Percon
Authors :           Susan F. Sieloff, Raymond M. Kinnunen
Source :             North American Case Research Association (NACRA)
Case ID :            NA0013
Discipline :        Entrepreneurship
Case Length :    17 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
Fisk Alloy Wire was a privately-owned specialty wire mill with facilities in Hawthorne, NJ and Oriskany, NY. The business focused on the development and manufacture of copper alloy wire for electronic components and conductors. Fisk Alloy had developed a copper alloy wire that was cadmium free (cadmium was a known carcinogen affecting both processing and disposal), but also met the characteristics of strength, conductivity, and elongation that defined a high performance wire. The product family, called Percon, was introduced into the market about the time the European Union passed the Restriction of Hazardous Substances (‘RoHS’) and the related Waste Electrical and Electronic Equipment (‘WEEE’) directives. The total market potential for Percon was not really known, since it could potentially be used in a broad variety of applications. Fisk Alloy was determined to be the best in its niche of the industry, but not necessarily the biggest. Management recognized that determining how to grow, slowly and opportunistically or more aggressively, would require balancing the market opportunities with the realities of capacity and related production issues.

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Case Solution for Babbitt Ranches: Governance and Strategic Planning in a Family Business

Complete Case details are given below :
Case Name :      Babbitt Ranches: Governance and Strategic Planning in a Family Business
Authors :           Lisa F Majure, Kathryn S Savage
Source :             North American Case Research Association (NACRA)
Case ID :            NA0068
Discipline :        Entrepreneurship
Case Length :    24 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
The board of Babbitt Ranches had officially adopted a constitution to guide the future of the family business. Babbitt Ranches was a fourth-generation, 122 year old family firm with extensive landholdings in Arizona. The firm’s board recognized responsibility and obligation to organizational, ecological, economical, and community values through multiple bottom-line criteria in the new constitution. In addition, the constitution reinforced the family’s heritage by outlining a philosophy designed to direct processes, interactions, and critical decisions. Several business opportunities were being considered by the board that could be evaluated using the framework provided by the constitution. The challenge for Billy Cordasco, the firm’s president, was to operationalize the constitution to evaluate the current set of opportunities and to ensure the constitution was used as a “touchstone” for firm decisions on an ongoing basis.

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Case Solution for Carolina Pad and the Bloggers

Complete Case details are given below :
Case Name :      Carolina Pad and the Bloggers
Authors :           Steven Cox, Bradley W Brooks, S. Cathy Anderson, J. Norris Frederick
Source :             North American Case Research Association (NACRA)
Case ID :            NA0133
Discipline :        Entrepreneurship
Case Length :    15 pages
Solution sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
Carolina Pad had received several requests for cash payments from internet bloggers in exchange for product reviews. The requests were for relatively small amounts (none more than $1000). The company believed that paying the bloggers’ would offer a significantly higher rate of return on their promotional dollars than traditional advertising or other forms of promotion. Like many other companies, Carolina Pad provided review products to bloggers, but questioned whether cash payments were somehow different. The case examines the ethics of making cash and in-kind payments to bloggers for product reviews. The case also examines the question of whether bloggers are journalists and should adhere to the same journalist standards as news reporters or simply writers of internet infomercials.

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