Tuesday, February 25, 2020

The Trial of Martha Stewart essay question type

Discussing the Trial of Martha Stewart - Essay Example The evidence as presented in her trial assisted the jurors in believing beyond a reasonable doubt that Martha was guilty on four of the indictments against her. The jury could not agree that the government had proved beyond a reasonable doubt that Stewart and Bacanovic fabricated the $60 sale agreement and acquitted both parties on these counts. Stewart was not found guilty of the crime of insider trading when she sold her ImClone shares on December 27th 2001. She did, however, settle in 2006 on the case filed against her by the SEC. They had filed a civil case of insider trading against there in 2003 to which she did not admit or refute her guilt to the charge of insider trading, rather she settled. In my opinion, the U.S, Attorneys, and the Securities and Exchange Commission appeared to use sound and consistent judgment in indicting Martha Stewart. The indictments against Stewarts and Bacanovic did not happen until a year after the December 27th 2001 incident. The indictments came on June 4th 2003. This gap of time allowed enough time to investigate the situation at hand while gathering evidence from all involved parties. There is a law on the books against insider trading. The government entities are responsible for persecuting those that break the law. Martha Stewart was found guilty of breaking laws relating to the incident on December 27th, even if she could not be convicted of the crime of insider trading. Based on the information I read I have no reason to believe that prosecutors had additional motives for pursuing the case. When money is involved it is always a motivator, especially when dealing with a case of a crime against someone who is a millionaire. It would not s urprise me if there was an additional motivation; however, the information on the case was very straightforward and businesslike.

Sunday, February 9, 2020

Strategic Logistics Case Study Example | Topics and Well Written Essays - 2250 words

Strategic Logistics - Case Study Example But the development and location of a distribution center itself is a "semipermanent" commitment. Demand characteristics are directly related to physical-distribution systems. Where demand is widely variable, then distribution facilities are usually concentrated in fewer locales. Where demand is continuous and rather consistent, as is the case for some food products, distribution facilities can be decentralized. A highly variable demand makes it difficult to design effective physical-distribution systems and control costs, while a stable demand permits it. In between these extremes, where demand patterns can be discerned through analysis, as with seasonal products, reasonable distributions systems may be approximated. Product characteristics help to determine the optimal design and type of physical-distribution system. The ability of products such as luxury items to absorb costs is particularly important. High-value items, if heavily stocked, mean a heavy inventory investment and hen ce increased costs. Their storage is often minimized. For them transportation is a modest amount of the total price. Physical-distribution systems are geared to the optimization of the system as a whole rather than of any part of it (Simchi-Levi et al 2008). The case of Pedigree Petfoods shows that a manufacturer is confronted with making a choice from among a variety of distribution alternatives. Although generalized solutions to all distribution channel decisions cannot be formulated, general guidelines can. In theory, the economic functions of channel members can be analyzed, significant factors and forces shaping distribution systems can be assessed, and the variety of channel arrangements currently employed to overcome distribution barriers can be classified (Slack et al 2002). According to Baudin (2005), the overall function of distribution channels is the concentration and dispersion of products in relation to market needs. Four sorting processes are fundamental to the activities of these channels: (1) sorting out: breaking down heterogeneous supply into separate homogeneous stock. (2) accumulation: bringing together similar stocks into a homogeneous supply. The channel functions, concentration and dispersion, are related to the homogeneity and heterogeneity of supply, and the appropriate sorting process must be provided. Successive channel stages attempt to overcome any discrepancy between product assortment and market requirements. Customer requirements of one or two units are at variance with supplier requirements of mass production. The case of Pedigree Petfoods allows to say that physical-distribution activities are performed as a number of dependent functions. To plan, direct, and coordinate physical distribution activities, it is desirable to group them all within a single department. This is usually achieved in retailing and wholesaling under the operations department. Manufacturing generally lacks such coordination. Physical distribution as a concept sees the physical movement of goods as a set of related activities carried on by a number of firms at various levels, linked together to form a total distribution system. Logistical decisions and the design of a company's movement-and-storage system result from cost-market requirement analysis of alternatives. It involves a balancing of transfer costs, operating costs, and marketing factors (Stroh, 2006). The main problem apparent for m the case study is that the breakdown of one system can result in breakdown