Professor Elam
Accounting & Investing Info for San Antonio A & M
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Category: Cost Managerial
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Thursday July 2. 2015 The wife and I enjoyed lunch today at Ernesto's. We will be studying managerial accounting in Summer II. A couple of topics will include the Balanced Scorecard and Total Quality Management.. Ernesto's is a fine example of both. By the way for new students, we do hope you will click on the links…
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Thursday July 2, 2015 We are studying managerial accounting in Summer II. Here is a story on how Trader Foe's sells wine for $1.99 a bottle. Since 2002 they have moved 800 million bottles of wine off the shelf. The way they do it is classic managerial accounting. The winery uses cheaper real estate, lighter weight bottles…
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Tuesday June 23, 2015 Managerial accounting is all about doing things just right here is the best pizza in America
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Monday April 27, 2015 We have had a good response to our entrepreneurship initiative. Here is an interesting article on how a Pakistani immigrant went from dishwasher to franchise owner. But the NLRB isa threatening his future.
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Monday January 26 2015 I first heard of MCD my freshman year at college. Not a one had ever failed so customers said; And soo they were all over Austin. Now a series of setbacks has fewer going there. Some MCD have actually closed or failed. At any rate, a series of supplier setbacks and…
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Thursday Nov 6, 2014 Back in the day James Coney Island held forth in a narrow street side shop.The line of customers stretched into the street outside. Wile there were lots of offerings on the Blackboard, only two things were really sold, as the name suggests, hot dogs, and chili. Old school desks served as…
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Thursday Oct 16 2014 The Bike Waiter is featured in a story in the SA Express News today. The young lady in the article has ridden 2700 miles the last few months and I would guess is in great shape. I would recommend more protective gear than shorts and a sleeveless top as I suspect would…
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Thursday Oct 9 2014 Check out Bowlmor's Cupertino Alley. THis is not Archie Bunker's bowling alley. Here is an interesting article on how Bowlmor wtih a 20% market share of the bowling market puts a different spin on this business. Cocktails and canapes are featrued rather than leagues and hot dogs. And it appears that going for corporate…
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Monday Oct 6 2014 The President of CEK, Carl Jrs and Hardees, analyses the $10.10 minimum wage idea. Here is the link to our school database for the WSJ https://tamusa.idm.oclc.org/login?url=http://search.proquest.com/docview/1586066413?accountid=130967 Here is a CEO who understands exactly how his restaurants work in the accounting seense. We will take a look at this in…
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Weekend Sept 7 2014 I recently posted on Miss Mary Bobo's Boarding House in Lynchburg, TN. I noted this business model overcame amny of the traditional problems with restuarants. Eliminating supper meant no one had to work at night. I noted that the San Francisco Steak House has adopted a meeting only format, no more…
Professor Elam 