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 Luxor Cosmetics Essay
Case Analysis of Luxor Cosmetic

REGIS UNIVERSITY

Date: March 25th, 2013

Executive Summary
An effective business strategy and budgeting is very essential in a manufacturing industry. A
company without a proper business strategy and master budgeting plan would usually faces
tremendous challenges and losses during its business operations. The importance of company s
business strategies and budgeting plans, as well as the challenges and losses in the absence of these
items has clearly presented in this case study. ( Wiley, 2013)
Luxor Cosmetics is a cosmetic company which manufactures variety of lipstick, nail polish, and
cosmetic cream ... Show more content on Helpwriting.net ...
For instance, from schedule A: inventory movement expressed in WSP in exhibit 1, shows that
Luxor s inventory increases every year, except its inventory on creams. (Hopkins, 2009)

Lipstick
Nail Polish
Creams
Ending inventory at 12/31/2007
9.5
9.5
9.5
Ending inventory at 12/31/2008
11.5
11.5
9.5
Ending inventory at 12/31/2009
13.5
14
9.5
Ending inventory at 12/31/2010
15
14.4
9.7
The detail full version of this table is presented in appendix 1 in page number 8 (Hopkins, 2009).
The company s creams inventory remains constant because it does not follow a trend in
innovation and changes so often as the other products. The surplus in inventory is a big
disadvantage since; last year s products may not be in style this year in addition to the cost of
storage. For all these reasons their cash flow is less in comparison with previous years causing that
Luxor Cosmetics keeps increasing their bank loans, creating more debt, making it harder to pay out
as 2011. In this particular situation the company could have either decrease its budgeted sales
(productions) or increase its actual sales by improving more effective marketing strategy and
research and development of its products in the markets. This way their inventory would decrease
and their cash flow would increase. (Hopkins, 2009)
Further, through effective marketing strategy Luxor
 Solubility Of Potassium Nitrate Lab Report
Solubility of Potassium Nitrate Analysis Raw Data: Solubility and Recrystallization Temperature
of KNO3 in Varying Volumes of Water Volume of Water (cm3) Recrystallization Temperature (°C)
Solubility (g/100cm3) 5.0 130 8.0 65 81.3 11.0 43 59.1 14.0 29 46.4 17.0 25 38.2 21.0 23 31.0
Qualitative Data: Recrystallization of KNO3 in Varying Volumes of Water Volume of Water (cm3)
Observations 8.0 28°C: Potassium nitrate can be observed at the bottom. 40°C: A small portion of
potassium nitrate was dissolved as majority of the mixture is settled at the bottom. 50°C: Majority
of the potassium nitrate was dissolved into the water as a minority of the mixture is still maintained
at the bottom. 73°C: Potassium nitrate was completely dissolved into the water. 65°C: Crystals are
formed resembling clear miniature snowflakes. 11.0 50°C: Only a minority of the mixture has
settled at the bottom. Most of the potassium nitrate has been dissolved. 57°C: Potassium nitrate was
completely dissolved. 43°C: Recrystallization occurred, crystals were formed. 14.0 44°C: Majority
of potassium nitrate has already been dissolved, however a small mixture is still settled at the
bottom. 53°C: Potassium nitrate was completely dissolved. ... Show more content on Helpwriting.net
...
A systematic error is a constant inaccuracy that is present throughout the whole experiment, therefore
affecting all of the data. It is often difficult to minimise the effects of systematic errors as they are
complicated to detect and cannot be analysed statistically because all inaccuracies have been affected
in the same direction. On the other hand, random errors tend to rely on the inabilities of the
experimenter, and his/her limitations in precision, thus only affecting certain results from the
 Summary Of Emerson s The Age Of Innocence
A character who heeds Emerson s call to act on and obey no law less than the internal law pursues
individualistic ambitions, relying on personal beliefs and forming a life unburdened by customs or
social norms. Ellen Olenska heeds Emerson s call by physically and mentally resisting the
domineering advances of New York s aristocratic socialites, escaping the bonds that so securely
bind individual liberty and expression, and accepting a life that should be so bold as to venture past
the oppression of ballrooms and the shackles of conformity.

Ellen Olenska heeds Emerson s call by evading the jaws that so mercilessly snare personal
autonomy and individuality, daring to be so brave as to don outlandish attire and journey beyond the
coercion of ballrooms and the chains of convention. In The Age of Innocence, the Josephine look, is
depicted as [a] headdress... [which] [was] carried out in the cut of the dark blue velvet gown [that]
rather theatrically caught up under [the] bosom by a girdle with a large old fashioned clasp was a
style named after Josephine (1793 1814), the empress of Napoleon Boneparte (Wharton 7). In other
words, the Josephine Look was an elegant look that comprised of ornamental headbands and gowns
that were fastened under the bosom and donned over a sheer slip; it juxtaposed dramatically with the
lace covered décolletés and the prominent bodices that distinguished the dresses donned by stylish
American women in the 1870s. This deserves attention
 Revolutionary War Facts
In this section of American Revolutionary War Facts you will find a list of interesting facts about
the events leading to the American Revolution. You will see how a series of events that began
after the end of the French and Indian War in 1763 gradually led to open warfare which resulted in
independence for the Americans. The men and women who colonized the New World did so
because they desired opportunity for themselves and their kids and desired a level of freedom. They
were generally not the type of people who would tolerate these things being taken away from them.
Prior to the end of the French and Indian War Brittan pretty much did not interfere with the American
colonist and were very lax with many of the regulations that were in place.
 Asch Conformity
We are discreet sheep; we wait to see how the drove is going, and then go with the drove. Mark
Twain (Khalid, H)
Just as the quote states about, we are all sheep trying to be discreet and waiting to see which way
the wind blows and to follow the crowd. We have always been taught since young ages to be unique,
let your colors shine, and not to let anyone tell you who you should be. Conformity is just the
opposite; it s following the norm, going with the flow, following the crowd. When going out into
our society everyone tells us to stand out, but then society emphasis togetherness. Telling us that
we need to fit in. Everyone wants to belong to something; it s the urge to belong, the motivation to
fit in and to be a part of something. What happens when people follow the norm even though it s
clearly the wrong thing to do? Can having a number of people pick the wrong decision make others
conform as well? Or do they stand out, and rebel against the group because they know its right?
These are all ... Show more content on Helpwriting.net ...
He was a part of an association named the Gestalt Psychologists, who believed that it wasn t
possible for people to be understood as individuals but they had to be looked at as a whole (2005).
He had quoted a statement about conformity and how most social acts have to be understood in
their settings, and if they aren t, they lose their meanings. In the study he conducted there were
seven middle aged men sitting in a room; six of the seven men are actors or confederates, they are
being paid to say whatever the instructor tells them to; and one is an volunteer. All of the seven
men are shown a picture of four lines, one of the lines is a standard line, and they have to be able to
tell which of the other three lines matches the standard line (see Figure 1
 Al Farabi Contribution
Al Farabi s philosophical contribution

Abu Nasr Muhammad al Farabi, one the earliest Islamic intellectuals who were instrumental in
transmitting the doctrines of Plato and Aristotle to the Muslim world, had a considerable influence
on the later Islamic philosophers such as Avicenna. He is widely regarded as the founder of
philosophy within the Islamic world. Al Farabi had great influence on science and philosophy for
several centuries, and was widely considered second only to Aristotle in knowledge (alluded to by
his title of the Second Teacher ) in his time. Al Farabi was known to the Arabs as the Second Master
. He was also a scientist, cosmologist, mathematician and music scholar.
The aim of this paper is to present the attitudes to education of Abu Nasr al Farabi within the
framework of his philosophical system, an aspect of his work, and ... Show more content on
Helpwriting.net ...
It is difficult to find a philosopher both in Muslim and Christian world from Middle Ages onwards
who has not been influenced by his views. Ammar al Talbi (2000) suggests that Al Farabi
represents a turning point in the history of Islamic philosophical thought, since he was the true first
founder of epistemology which relies upon universal reason and the demonstrations he gave .
Education is one of the most important social phenomena in al Farabi s philosophical system. Al
Farabi s concern was to reestablish unity to Islamic thought. He believed the first aim of
knowledge was knowledge of God and his attributes (F. Copleston, 1980). Philosophy and religion
were for him simply two expressions of a single truth, philosophy explains religion and provides
proof of it; it is neither in conflict nor in contradiction with it. According to al Farabi the perfect
human being, is the one who has obtained theoretical virtue, thus completing his intellectual
knowledge and has acquired practical moral virtues thus becoming perfect in his moral
 Accounting for Fuzzy Dice Inc. Acquisition of Tiny Tots...
ISSUE: Accounting for Fuzzy Dice Inc. acquisition of Tiny Tots Toys LLC related to decision (1)
to use purchased facility to enter another business line or (2) renovate the facility to expand the
current production. BRIEF BACKGROUND OF COMPANY Fuzzy Dice Inc. ( Fuzzy or the
Company ) manufactures novelty items that it distributes to wholesalers and large online and direct
mail retailers. Fuzzy operates in an area where several other light manufacturers operate, one of
which is Tiny Tots Toys LLC ( Tiny ), an educational children s toy manufacturer. Tiny has been
unable to turn a profit for the past few years and has recently filed for Chapter 11 bankruptcy
protection. Tiny s primary asset is its manufacturing facility. The... Show more content on
Helpwriting.net ...
If Fuzzy decides to operate the factory in its current capacity to manufacture children s toys, the
transaction should be accounted as an acquisition of business. 2. Even if Fuzzy decides to
refurbish the factory to manufacture novelty items, the transaction still should be accounted as
an acquisition of business. AUTHORITATIVE AND INTREPRETIVE GUIDANCE
CONSIDERED Refer to ASC 805 10 20 (Business Combinations. Overall. Glossary) Refer to ASC
805 10 55 4 through 55 9 ((Business Combinations. Overall. Implementation Guidance and
Illustrations) Refer to ASC 805 10 50 1 through 50 7 ((Business Combinations. Overall.
Disclosure) DETAILED DISCUSSION, ANALYSIS, EVALUATION OF ALTERNATIVES
amp; REASONS FOR CONCLUSION QUESTION 1 Fuzzy may obtain control of Tiny by
acquiring its net assets or its equity interests. For a business combination to be within the scope
of ASC 805, Tiny, over which control is obtained, must be a business. Under ASC 805 10 20
business is an integrated set of activities and assets that is capable of being conducted and
managed for the purpose of providing a return in the form of dividends, lower costs, or other
economic benefits directly to investors or other owners, members, or participants. In addition ASC
805 10 55 4 through 55 9 help to identify what constitutes a business: According to ASC 805 10 55 4
a business consists of inputs and processes applied to those inputs that have the ability to create
outputs. Although businesses
 The Four Seasons Hotel under Isadore Sharp
The Four Seasons Hotel Under Isadore Sharp

The Four Seasons international hotel chain is a Canadian based business. There locations are all five
star rated facilities that offer luxury accommodations for their guests. However, there business model
is rather unique for their industry. As opposed to owning and operating their own locations, the Four
Seasons plays more of a management role and partners with local real estate developers who own
the properties. There eighty four different locations are consistently rated among the top luxury
hotels worldwide and offer world class service to their patrons. The company was founded by
Isadore Sharp in the 1960s after he graduated from architecture school (Four Seasons, N.d.). The
first location was in Toronto and all of the funding for the project came from local investors. Sharp
had to locate the hotel in an uninviting location that was in a less than luxuries part of Toronto and
the Four Seasons did not acquire their luxury status until many hotels later. The first luxury hotel
opened in London about a decade later and was intended to compete with the established luxury
accommodations of the area. The company was not always successful and actually came close to
the point of bankruptcy on multiple occasions. Under Sharp s leadership, the company decided not
to tie up too much capital in ownership of the locations. Instead they carved out a strategy to play
more of a management role and let the ownership privileges be