CHESSPERFECT CASE

PART A : LINDA

Victor is a chess enthusiast and CEO of ChessPerfect, a company which manufactures chess sets and distributes them across North America. As Victor purchased a majority stake in the business recently and took over the CEO role, he is still seeking some help with fully understanding the business. ChessPerfect produces several types of chess sets from vinyl to titan materials. It has two business units, one vinyl and the premium Ttan business unit. Victor has strong manufacturing plants and a great team of management including a general manager, sales manager, production manager and HR manager. He wishes to get advice, amongst other things. on running an ethical business (including accounting-specific elements). In the most recent management meeting, Victor and his management team discussed some of the current fi Here are the scripts from the management meeting: Concerns were raised by the factory's Production Manager, who is known for his practical approach. "This ratio business doesn't appeal to me at all. You can never be sure that the figures are prepared consistently on the same basis. I prefer looking at the absolute amount, which is much more useful, in my opinion