Carter Racing - 907 Words

Carter Racing* David Eccles School of Business University of Utah ïÆ'“ Jack W. Brittain, Sim Sitkin 1986, revised 2000 John Carter was not sure, but his brother and partner, Fred Carter, was on the phone and needed a decision. Should they run in the race or not? It had been a successful season so far, but the Pocono race was important because of the prize money and TV exposure it promised. This first year was hard because the team was trying to make its name and so had run in a lot of small races. A successful outing could mean more sponsors, a chance to start making some profits for a change, and the luxury of racing only the major events. But if they suffered another engine failure on national television †¦ â€Å"These†¦show more content†¦If we withdraw now, we can get back half the $30,000 entry. We will lose Goodstone, they’ll want $25,000 of their money back and we’ll end the season $50,000 in the hole. If we run and finish in the top five, we have Goodstone in our pocket and can add another car next season. You know as well as I do, however, that if we run and lose another engine, we are back at square one next season. We will lose the tire sponsorship, and a blown engine is going to lose us the oil contract for sure. No oil company wants a national TV audience to see a smoker being dragged off the track with their name plastered all over it. The oil sponsorship is $800,000 that we cannot live without. Think about it -- call Paul and Tom if you want -- but I need a decision in an hour.† John looked out the window at the crisp autumn sky. The cars were already on the grid, spectators admiring the gaudy paint, excitement mounting in anticipation of the start. This was what made racing at this level special, the cars on display with crowds mingling around and waiting for the engines to roar to life. In an hour, they would retreat to the stands and the cars would circle the track in anticipation of the start. The temperature sign across the street flashed â€Å"40 DEGREES 8:23 A.M.† ï€ ª Permission to use, a copy of the complete updated case, and teaching materials can be obtained online from Delta Leadership at http://www.deltaleadership.com/case-studies.phpShow MoreRelatedCarter Racing Case1085 Words   |  5 PagesCarter Racing Case Situation Bj Carter and Chris Carter are siblings and business partners. They have to decide to run their race car in a high stakes race against tougher competition than they have seen all year. The problem being, their car has failed 7 times out of 24 this season and if it fails in this race, not only will they be out a $50,000 engine, but they will also be out a full season contract from Goodstone worth two million per year. If they decide not to race, they will be out $15Read MoreEssay on Webster Industries1121 Words   |  5 PagesAnalysis of Carters Process for Decision Making There are several weaknesses in the process that Carter used for decision making. Perhaps the most severe of them all was the lack of sight with respect to the strategy of the Webster Industries. The financials for the company clearly show that by October 1975 the company was probably recovering from the downturn. If that was indeed the case, Carter should requested an adjustment to the anchoring bias of 15% downsizing target and examined the listRead MoreEssay On The Carter926 Words   |  4 Pagesjust wanted something personal. And then she would leave, and Carter would never know she was there at all. Sighing, Demetria slid softly off the bed, straightening her skirt and turtleneck before turning and making the bed once more, making sure it was as perfect and untouched as it had been before shed entered. 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Owens made a living through his entertainment pursuits such as racing against horses and fronting a swing band. In addition, Owens even challenged opponents by giving them ten or twenty yard head starts before beating them in a race. Although many believed it was degrading to go from an Olympic Championship to racing against a racehorse, Owens had no choice due to the fact that he had no further education or endorsements from corporationsRead MoreThe Bucket List Movie Analysis1282 Words   |  6 Pagesbelieve you measure yourself by the people who measured themselves by you,† narrated by Carter Chambers (Morgan Freeman) in the movie â€Å"The Bucket List†. When you think of this quote you see that every individual determines the success of their life differently. Whether old or young, we are care about the life we live and whether is a could by our own standards. In the movie, Bucket List, you witness two men, Carter Chamber and Edward Cole, from two different backgrounds experience illnesses that leavesRead MoreThe Inenvention of the Wheel Essay767 Words   |  4 Pagesmonths to try to dig up ancient pottery so that we can better understand the ancient culture. Pottery is not the only thing that the wheel affected. The wheel also helped the sport of racing become a big part of our culture. On April 23, 1911 the world first of the world’s fastest mile was completed in 25 seconds (Carter). This was the start of many races in the US. Today without the ever being invented the sport of NASCAR never would have been thought up. Many people in the US enjoy watching this portRead MoreSocial Observation864 Words   |  4 PagesSocial Observation Introduction to Sociology 190 Section D097 03/05/2012 Social Observation For my social observation project I’ve chosen to study life at Don Carter lanes located here in the city of Rockford. The main focus of my study is to observer the social norms as defined in Sociology: a brief introduction, by Richard T. Schaefer, a norm is â€Å"an established standard of behavior maintained by a society.† I’ll also be observing the informal norms as well.Read MoreShort Story1150 Words   |  5 Pagesgives us a quick nod as we drive off. The food smelt delightful and mouth watering. I could almost taste it even though I havent even touched it. Everyone and everything was quiet as a mouse except for the quiet music we havent turned up yet. Even Carter was silent, and that was very rare. Then when my dad turned onto the road, something grabbed my attention and pushed me to ask my question. â€Å"Uhhhhh, dad, you’re going the wrong way. Isnt home is that way,† I say suddenly while I point towards theRead MoreSymptoms And Symptoms Of Bipolar Disorder1174 Words   |  5 Pageshospitalization to prevent harm to others or one’s self or there are psychotic features; the episode is not caused by drugs or substances; and during the mood disturbance at least three or more of the following symptoms need to be present: sleep deprivation, racing thoughts, excessive talking, easily distracted, high risk behavior, inflated ego, and increase in goal-oriented activity. Per the Diagnostic and Statistical Manual of Mental Disorders DSM-5, â€Å"If the individual’s mood is more irritable than expansive