₦airaland Forum

cheguevera: NIGGA COME TO BOGOTA,COLOMBIA, AND ENJOY LIFE TO THE FULLEST

What's life like there.... a Non English speaking country fit that matter.

God grant you Eternal Rest Kefee


Sleep On Branama Queen!

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ayodelebaba: My oga's @ d top, Save me too: here's my e-mail address: aayodele@rocketmail.com thanks

Sir, Case studies don't really require any magical reading. Active brainstorming, would only help infuse n make concrete, basic ideas on how to tackle any. So I'd suggest you actively participate n drop your opinions down here.

Best regards.

Paroman: Seems like case study 1 was far too hard a nut to crack for us, so I think what I currently have here is more interesting and simpler.Na beg I dey beg una, biko let's endeavor to contribute to solving this new case study question. Biko . Even if your analysis won't be more than 5 lines, at long as it is meaningful and we can learn one or two things from it. That is the essence of brainstorming. Thank you.


Case Study 2


Your friend owns a full service petrol station somewhere around Gwarinpa, Abuja where most of the world famous hotels, casinos and resort properties are located. Recently, he is thinking about installing a slot machine in his petrol station. He has asked you if he should do it or not. What advice would you give to your friends?


Additional Information:

Your friend is looking to install only 1 slot machine, which costs
N500,000 (one time cost).
The slot has to have a minimum payout rate of 75%. You are able
to set the payout rate yourself.
There is an annual licensing fee of N100,000.
The average Abuja hotel casino slot machine brings in N20,000
per day in revenue.


Additional Assumptions:

Since the slot machine will not be located in a hotel casino,
assume it would bring in only 50% of a casino slot machine’s
revenue.
Variable costs: electricity costs N100 per day
The petrol station is open every day
Your friend is considering a payout rate of 80%
The lifespan of a slot machine
Taxes are 30% of revenue

Payout rate = Ease and speed of payments.

The conviction of my friend on the installation of a Slot machine in his Fuel station, is the problem at hand. In my role as an advisory friend, i'd sure give him to go ahead with it. My friend as described, happens to be an average business man out there who is interested in business, it's viability and above all, it's profits chances. Going by the indices and relative assumptions that come with scenario, he sure would have enough profit on running the business. Although, going by the competitve profit rates across board, the profit might not be as much as if it was installed in a hotel casino. Even at that, Revenue after Tax alone, is averaged at 2.555m and the annual maintainance costs, that come in form of electricity rates and licensing fees, are quite low leaving it's projected revenue at 2.35m.

The case study however, didn't clearly state the life span of the slot machine and hence, i will assume it to be for 1year. Going by this, annually, my friend might not be able to rake in as much as a supposed slot machine in a Hotel Casino would, but he certainly will be able to meet up with the costs that comes with the annual ownership of a brand new slot machine. His choice of an 80% pay out rate might also not sound convincing enough to potential users, going by the other perks that might come with using the said machine in a Casino than in a Fuel station. Why not peg it 95% the better the payout the greater the patronizing customers isn't it? It will be a Win-Win situation for both the customers, and my friend, the owner.

Conclusively, on review of my proffered solution, given time, and location in a real life situation, i wouldn't do anything differently. Most often than not, people will prefer a better pay out rate with less perks than, perks with a lesser chance of being paid. Everybody loves to be a winner, We make them go home winners.

Cheers!

Paroman: It is very much evident that NBC seriously needs a corporate restructuring of its operations and its financial position to help achieve its corporate goals.

Before any of the stated goals can be achieved, NBC will need to rid itself of the problems hampering the growth of the company and also employ required measures to help mitigate or hinder the re-occurrence of these challenges. Challenges such as:
- 10% reduction in profit
- 10% downturn in revenue.



Obviously, the stunted growth NBC is currently experiencing can be easily traced to the downturns in revenue and profit. No company anywhere in the world can grow satisfactorily when the most important business/corporate drivers (sales and profit) are not growing.

SOLUTION:

1)Achieve Double-digit growth: First and foremost, NBC should look to finding ways to expanding its dwindling market share. Management should ensure there is a strong, active and disciplined sales department, saddled with the responsibility of conducting a marketing research to examine reasons for changes in viewers' preferences in media consumption and to continuously get updates on what those preferences are. Thereafter, required steps can be taken towards furnishing the public with broadcasts or program of their choice.
Secondly, the importance of improving the company's profit and revenue cannot be over-emphasized. Continuous growth in a company is proportional to steady increase in sales and profit. Efforts

2) Reducing Cost by $750m: it is a well known fact that the largest cost incurred by most companies is the overhead cost(rent, salaries, office supplies, utilities, etc), and NBC's financial statement also agrees with that. To reduce this cost, management should endeavor to look into maximizing its human resources, reducing redundancies and under-utilization of its assets.
Moreso, it is pertinent for management to carefully consider which of the capital expenditure model is more financially sound: outright purchase of fixed assets or acquisition through lease.

Furthermore, NBC owns eleven stations and offices in 3 states across the federation. An analysis needs to be carried out to to know if much quality won't be impacted if the company should decide to close or merge some of these offices or stations. A well-informed decision can then be made from whatever result we get from the analysis.

3) Spending $150m on digital initiatives to achieve a $600m increase in revenue.:
The success of a project of this magnitude will definitely have a major role to play in the overall corporate objective ofthe organization. I would advise the CEO of NBC to incorporate the services of experts in digital projects when carrying out this initiative to help ensure it becomes a success. Or the project could be outrightly outsourced to expert firms to further increase the chances of its objective being achieved.

Thank you

Seems dope although not read through thoroughly. Good work still

Paroman: Ok let's start with these case studies abeg.
Case Study 1
NBC (National Broadcasting
Company, is an American commercial broadcast television and radio network. It is headquartered in the GE Building in New York City’s Rockefeller Center, with additional major offices near Los Angeles and in Chicago. NBC has eleven owned-and-operated stations and nearly 200 affiliates in the United States.
The year is 2007. Jeff Zucker, the CEO of NBC has asked you for help. In fiscal year 2006, NBC had profits of $3 billion on total revenue of $16.5 billion; these numbers have fallen 10% over the past three quarters.
There has also been an $8 million drop in ad revenue due to the proliferation of specialized cable channels as well as changing viewer preferences in media consumption. For this case, NBC’s goals include:
1. achieving double-digit growth,
2. reducing costs by $750M, and
3. spending $150M in digital initiatives in order to grow $400M in revenues (revenues from digital delivery) to $1B.
How would you help NBC’s CEO to achieve these three goals?

This Is a big nut.....Still giving it thought.
Anyone up yet?

Paroman: The bolded chaii!!.............*faints*

LOL.... Smartness n Speed comes to play! Making recommendations at the speed of light. Where are the case studies man? Let's get some work done

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When God Will Turn Around The Captivity Of Nigeria, It Will Be Like As If United States Of America Is Dreaming........

1Naira = $10 Dollars


NIGERIA WILL BE GREAT AGAIN!



However, Happy Independence Day To America.

Paroman, let's do a roll on the case studies on here for wider audience, better informed ideas & enough brainstorming. I'm game just like we did previously.

Congratulations to those who passed the aptitude test and to those who didn't, cheer up God has got you all in mind for something better.


FROM THE THREAD THAT WENT WITH THE HACK:

If you're asked a case interview question, organize responses as follows:

1. Define the Problem Explain how the problem affects productivity at work.

2. Analyze the Problem Describe how you collect data and other important information necessary to resolve complex problems.

3. Generate possible Solutions Describe factors you consider when proposing solutions: how did you determine the primary causes? What steps do you take to propose solutions? What do you consider before proposing solutions?

4. Select the best Solution(s) and course of actions. Justify the reasons behind a solution you recommended: what factors led to this decision? What goals did you set? How did you brainstorm ideas and involve team members. Additionally, explain how you conducted risk management.

5. Lesson learned Explain in detail what you learned from the process and what you'll do differently in the future.


CASE STUDY 1: You have been assigned to work with a small company that manufactures a popular product. However, a competitor begins selling a very similar product which incorporates state of the art technology. What would you advise your client to do?

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GOOD LORD!!!!


Thank you for saving Whoever Owned That Car.

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Anyone who has applied for MPH in SA successfully on this thread should please kindly help.

Going by rankings, what would you think of UCT & UKZN?

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It's some Slick n Sweet Tune...

2Baba keep raising the bar higher!!!

piroskey94: Eeeeeerm, our super eagles have also taken thesame route o!

They should send their asses packing from the Super Eagles! It's a shame when players place money above loyalty to their nation.

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zicoraads: The incident had nothing to do with APC. Okorocha was disgraced, simples!

The below should tell why it has all in this world to do with APC.