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Descriptions of Events
28
Accounting
Undergraduate 4
02/05/2015

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Cards

Term
Top salesman left the company - reduce weekly revenue by 5% (Price x Sales x .95)
Definition
Employee crashes the company car - pay $2000 in damages (Miscellaneous Costs)
Term
Employees go on strike, pay double Employee Costs to hire new temporary employees (this week only)
Definition
Earn award from Fortune for best Workplace in the US - Increase revenue by 5% (Price x Sales x 1.05)
Term
Salesmen perform well due to a happy work environment - increase sales by $4000 this week
Definition
Your employees decide to have a holiday party - pay $750 for party expenses (Miscellaneous Costs)
Term
The flu sweeps over your office, half of your employees must take the week off. Sales decrease by 30% this week (Price x Sales x .70)
Definition
One of your employees gets married, and the office is closed for a day to attend - decrease weekly sales by 5% (Price x Sales x .95)
Term
Company team wins the annual corporate softball tournament - increase sales this week by 5% (Price x Sales x 1.05)
Definition
Your competitor’s top salesperson joined your staff, increase weekly sales by 10% (Price x Sales x 1.10)
Term
Employee gets hurt on the job - pay $1000 in worker’s compensation (Employee Costs)
Definition
Janitor’s go on strike and the office becomes very dirty - Add $2000 to Employee Costs to have office cleaned
Term
Renegotiate rent to 90% of original cost (Weekly Rent x .90)
Definition
A power outage in the area forces you to close the office for 3 days - decrease weekly sales by 15% (Price x Sales x .85)
Term
Water pipe bursts in your building - pay $5000 in Miscellaneous Costs to clean it up
Definition
You seek a partnership with another company and take the executives to dinner - pay $500 extra in Miscellaneous Costs
Term
Computer system gets hacked - pay $3000 in Miscellaneous Costs to repair servers
Definition
Company printer breaks down - pay $500 of Miscellaneous Costs to repair
Term
Buy supplies in a major quantity to save money - decrease Product Costs 5% this week (Product Costs x .95)
Definition
Your monthly insurance is due - pay $2500 in Miscellaneous Costs
Term
Employee sues the company for wrongful termination - pay $3000 in additional Employee Costs for the week
Definition
Construct new office space - pay $2000 in additional rent
Term
Customer sues the company for negligence after she slipped and fell - pay $2000 more in Employee Costs this week
Definition
Your supplier runs out of supplies and you have to buy from someone else - Increase product costs by 5% for the week (Product Costs x 1.05)
Term
CEO charged for insider trading - Lose $5000 in profit this week
Definition
Your company is forced to relocate to London, where rent costs are much higher than the US - Pay an additional 50% in Rent for the rest of the month
Term
Missed expected profit target for this quarter and your investors are angry - Lose $2000 in profit this week
Definition
Your CEO decides to move to Delaware to save money on Rent - Decrease rent by 50% for the rest of the month
Term
Exceeded expected profit target for this quarter and investors are happy - Increase profit $3000 this week
Definition
The building next to yours caught on fire, forcing you to close your offices for a day. Lose 5% revenue this week. (Revenue x .95)
Term
Your largest competitor is caught in a scandal and their customers begin to buy your products - Increase profit by $5000 this week
Definition
A generous man donated $1000 to your company. Increase revenue by $1000 this week.
Term
A major winter storm shuts down your office for 2 days - Decrease profit by $2000
Definition
One of your employees saved a dog from a burning house and is called a local hero, bringing in more people to your business. Increase this week’s revenue by $1500.
Term
Your accountant forgot to pay this week’s rent on time. Pay a 5% late fee (Weekly rent x .05)
Definition
A former employee sues your company for harassment. Pay $2200 in legal fees.
Term
You run 3 commercials during the Superbowl and customers love them - Increase sales by 10% this week (Price x Sales x 1.10)
Definition
Your product is seen being used in a viral video on Youtube - Increase sales by 10% (Price x Sales x 1.10)
Term
Your company decides to advertise on Facebook and gets more online sales - Increase sales by 5% this week (Price x Sales x 1.05)
Definition
A sponsor of your company’s contract has run out - decrease sales by 5% (Price x Sales x .95)
Term
Your company is criticized in the newspaper for polluting - Decrease weekly sales by 10% this week (Price x Sales x .90)
Definition
Your company partners with Habitat for Humanity, which customers appreciate - Increase sales by 10% (Price x Sales x 1.10)
Term
You sign on Taylor Swift to a new endorsement contract - Increase weekly sales by 15% (Price x Sales x 1.15)
Definition
You have decided to close one of your company’s locations, decreasing sales by 5% this week. (Price x Sales x .95)
Term
Your company markets a new environmentally friendly product, which customers love - Increase sales by 5% this week (Price x Sales x 1.05)
Definition
NASCAR star Jimmie Johnson has agreed to advertise your company on his car. Increase sales by 5% this week. (Price x Sales x 1.05)
Term
Your company is featured in the regional newspaper - Increase sales by 5% (Price x Sales x 1.05)
Definition
Your company’s instagram gains 100,000 new followers due to a funny cat video you posted, increase sales by 5% for the week (Price x Sales x 1.05)
Term
Your company donates money to a controversial platform - Decrease sales by 10% (Price x Sales x .9)
Definition
One of your company’s locations has a small fire - Decrease sales by 5% (Price x Sales x .95)
Term
Your social media ad campaign has been wildly successful. Increase sales by 10% this week. (Price x Sales x 1.10)
Definition
Your company’s new product sells really well this week. Increase sales by 5% (Price x Sales x 1.05)
Term
Your company donates $1000 to a local charity, decrease profit by $1000
Definition
EY has helped you implement a new business strategy, increasing sales by 10% this week. (Price x Sales x 1.10)
Term
Customers are thankful for your charitable giving, sales increase 5% (Price x Sales x 1.05)
Definition
A national news anchor endorses your product on live TV. Increase sales by 5% this week. (Price x Sales X 1.05)
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