Category: Cost Managerial

  • Tuesday  7/16/2021 CAR PRO Jerry Reynolds explains navigating the finance office of the auto dealership

  • Thursday June 20, 2024 McDonald's rolls out its $5 Meal Deal to combat perceptions of high prices. This is a classic example of cost accounting. Franchises say it will decrease larger sales and offer low margins for them. MCD is betting its scale of size with  13,700 restaurants, gives it buying power so that adding…

  • Thursday March 7, 2024 While you talk about the quality of your wares, you have your cheaper competitor where he cannot touch you. The breach between you is longer than his arm. When you begin to talk about prices, you are absolutely at his mercy. There is hardly anything in the world that some man…

  • Tues Feb 6 2024 This year MCD focus is affordability. The company has taken criticism for jacking up menu prices that have turned off some customers. The New York Post reported in July that a McDonald's at a Connecticut rest stop was charging $18 for a Big Mac combo meal.   McDonald's said its global…

  • Tuesday Jan 30 2024 2024 has started off strong for your IMA chapter and the momentum continues beyond January! First, if you are interested in joining the chapter board (in any size capacity) for the upcoming IMA fiscal year (beginning July 1), we are now assembling our volunteer leader ballot for a vote at the…

  • Tuesday Jan 23, 2024   Finance Heard on the Street How One Debt-Laden Company Could Create a Storm for Private Jets VistaJet’s big pandemic expansion now looks overstretched, posing a risk for Canadian plane maker Bombardier   By Jon Sindreu   Jan. 22, 2024 5:52 am ET       30     VistaJet operates…

  • Weekend Dec 30 2023 Learn Peter Drucker, the Man Who Invented Management   I will have two copies of The Essential Peter Drucker on reserve in the library. This volume covers some of his best writing over 60 years.   This will be a great source for blog posts.Too often business schools are guilty of …

  • 10/20/23 THe longer the strike continues the more workers are laid off. See Bill Ford's talk here

  • 6/28/2023 Obama had Solyndra, Trump has Lordstown.  Lordstown was begun via an SPAC,money in search of an idea. It went public in  2020 trading as high as $400. Now just three years later it cannot comply with its agreement with Foxconn to buy the former GM plant. This is another example of social mood on…

  • Wed June 21 2023 Burger King, the longtime No. 2 U.S. burger chain, looked even more like a pretender to the throne after slipping to third place in 2020 behind Wendy’s by revenue.                     But market share was the least of its concerns after the pandemic…