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Thursday, September 3, 2020
The High Price of Materialism Essay Example | Topics and Well Written Essays - 1250 words
The High Price of Materialism - Essay Example Utilizing results from a few mental and logical examinations on materialistic people, Kasser contends that materialistic people experience irregular degrees of despondency, tension, low confidence, and relationship issues. Kasser faults for the most part the media and promoting industry for impacting individualsââ¬â¢ brain science into accepting that quest for material objectives will satisfy their need for asylum, confidence, network sharing and individual flexibility. The primary presumption particularly that rendered to youngsters and adolescents is that, despite the fact that each individual has necessities to fulfill, an effective achievement of such needs brings about higher caliber of life. To Kasser, realism is a wasteful methods for accomplishing individual needs, since the demonstration of purchasing and devouring items just realizes a sentiment of goodness, and which goes on for some time leaving just a sentiment of uneasiness. As Kasser puts it ââ¬Å"materialismâ⬠¦.more of gobbling garbage foodâ⬠¦ it tops you off for some time; yet doesnââ¬â¢t truly meet your bodyââ¬â¢s requirement for supplements in the correct equalization; so you want to gobble more and end up fat and unhealthyâ⬠(Kasser, 2003, p 24). Subsequently, realism ends up being a horrible unfulfilling circle. Strikingly, they esteem riches and fame as their inherent goal, overlooking that these two are not established on self-development yet are rather founded on oneself as typified by others. Moreover, he affirms that the current solid projection of realism depends on private enterprise and social break, since the broad projection of realism by the media, promoting, and the economy and pushes a typical topic of people communicating by following others interests as opposed to having responsibility for practices (Kasser, 2003). As a result, realism isn't tied in with having a feeling of self-course or being free yet being constrained by needs. Effect of Materialism Kasser is on the whole correct to declare that realism meddles with valid self-articulation and close connections (2003). This is all the more so on the grounds that a great many people particularly adolescents and youthful common laborers individuals judge each other worth and achievement dependent on what they claim or have. Specifically, an individual is decided on the sort of game vehicle the person drives, most recent cell phone or state-of-the-art style, rather than sharpness, thoughtfulness and network commitments. It is tied in with having more or better than what others have as opposed to having enough that can easily fulfill individual needs. My perception is that people who are as of now despondent and experiencing poor mental wellbeing transform into realism as a methods for meeting their mental needs. Realism has not affected my life totally yet a portion of my loved ones have, particularly as in they focus more on gaining costly things not on the grounds that they fund amentally need them but since they need to be a piece of the princely. Such people have this solid inclination to envy what others have as they need confidence or can't communicate seeing someone. They regularly display a solid feeling of disappointment when others have things they actually want. This is in spite of the way that most regularly experiences challenges in attempting to accomplish monetary dependability and social acknowledgment (Kasser, 2003).
Saturday, August 22, 2020
McD Case Study Essay Example
McD Case Study Essay rMcDonaldââ¬â¢s â⬠Business Strategy in India Case Study Abstract This contextual analysis talks about how McDonaldââ¬â¢s India figured out how to resist the pattern in a battling economy, its initial years and business system to get increasingly out of its stores in India. The case likewise quickly talks about how McDonaldââ¬â¢s adjusted to nearby culture in India, its confinement and section procedure, its solid flexibly chain and valuing technique. Chapter by chapter guide 1. Presentation 2. McDonaldââ¬â¢s section into India 3. Display I: McDonaldââ¬â¢s â⬠Country â⬠Entry Year 4. The Indian Market â⬠Top 10 percent of the busiest markets all inclusive 5. Confinement Strategy . McDonaldââ¬â¢s JV in India 7. Starting Challenges â⬠ââ¬ËCulturally Sensitiveââ¬â¢ Food 8. Understanding Indian Customs and Culture 9. An Indianized Menu, Re-designed tasks and no hamburger burger 10. Rivalry â⬠Major Competitors in India and Globally 11. McDonaldâ â¬â¢s â⬠Quick Facts 12. Timetable of McDonaldââ¬â¢s in India 13. Estimating Strategy â⬠The Rs-20 snare and ââ¬ËPurchasing Power Pricingââ¬â¢ 14. Booths at store doorways for clients in a rush 15. Home Delivery â⬠McDonaldââ¬â¢s Delivery Service or McDelivery 16. Out-of-home Breakfast â⬠International McDonaldââ¬â¢s design with neighborhood taste 17. McDonaldââ¬â¢s Supply Chain Management (SCM) 18. Novel virus chain 19. Reducing expenses 20. Display II: McDonaldââ¬â¢s Suppliers in India 21. Show III: The Menu at McDonaldââ¬â¢s India 22. Display IV: McDonaldââ¬â¢s â⬠Early History and Growth 23. Show V: Principles to McDonaldââ¬â¢s business achievement 24. Inquiries for Discussion Case Study Keywords: Fast-food Retailing, McDonaldââ¬â¢s India, Joint endeavor, Amit Jatia, Vikram Bakshi, limitation system, valuing technique, McIndia, brisk help cafés, social adjustment, neighborhood culture, gracefully chain the board, SCM, McDelivery, one of a kind virus chain Case Questions for Discussion 1. McDonalds has become the banner brand for downturn flexible business. What is McDonaldââ¬â¢s doing directly in India? What components of its business procedure are working for it and how can it figure out how to get increasingly out of its stores? 2. Does nearby adjustment add to business development in a nation? Disclose McDonaldââ¬â¢s endeavors to adjust to the neighborhood culture in India. What difficulties did McDonaldââ¬â¢s face in India? 3. Have you at any point visited a McDonaldââ¬â¢s store? Thoroughly analyze your involvement in another snappy assistance eatery or cheap food joint you visited before. In what manner can McDonaldââ¬â¢s improve? Would it be advisable for it to adjust its procedure? Case Updates/Snippets Worldââ¬â¢s driving food administration retailer â⬠McDonaldââ¬â¢s has in excess of 32,000 eateries serving more than 50 million clients every day in excess of 119 nations. * McDonaldââ¬â¢s rivals in India â⬠McDonaldââ¬â¢s cont ends with inexpensive food chains like Pizza Hut, Dominoââ¬â¢s Pizza, Papa Johnââ¬â¢s, Nirulaââ¬â¢s and KFC in India. * McDonaldââ¬â¢s Supply Chain â⬠McDonaldââ¬â¢s has a devoted flexibly chain in India and sources 99% of its items from inside the nation. The organization has solid in reverse incorporation straight up to the homestead level. * Quick assistance cafés in India â⬠By October 2009, McDonaldââ¬â¢s India had in excess of 170 fast help eateries in India. We will compose a custom exposition test on McD Case Study explicitly for you for just $16.38 $13.9/page Request now We will compose a custom article test on McD Case Study explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom article test on McD Case Study explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Dominoââ¬â¢s Pizza, which started activities in India in January 1996, has more than 275 stores across 55 urban communities in the nation. KFC has 46 cafés across 11 urban communities in India. (KFC is one of the 5 brands possessed by Yum!. KFC is a $12 billion worldwide brand and a main snappy help eatery (QSR) in numerous nations. ) Nirulaââ¬â¢s, one of Indiaââ¬â¢s most established evolved ways of life (finished 75 years in administration in March 2009), has a system of around 62 outlets in five states across Northern India. Nirulaââ¬â¢s, set up in 1934 has interests in inns, cafés, frozen yogurt parlors, baked good shops and food preparing plants. Nirulaââ¬â¢s was the first to present burgers in Quite a while. * Food Industry in India â⬠In India, food industry and especially casual eating out market is little. In India, over quarter of a million clients visit McDonaldââ¬â¢s family cafés consistently. The Indian cheap food showcase is esteemed at $1-billion (Rs 4,547 crore) aprrox. * MFY (Made for You) food readiness stage â⬠MFY is a one of a kind idea (cooking technique) where the food is set up as the client submits its request. All new up and coming McDonaldââ¬â¢s cafés depend on MFY. This cooking strategy has helped McDonaldââ¬â¢s further reinforce its sanitation, cleanliness and quality guidelines. McDonaldââ¬â¢s has around 10 MFY cafés in its portfolio. * How McDonaldââ¬â¢s figures out how to hold its costs down? â⬠Fast-evolved ways of life face an intense time adjusting between edge weights and climbing costs which can hurt volumes. Thusly, the chains need to build rates or adjust their procedures. Moderateness has been the foundation of McDonaldââ¬â¢s worldwide system. A portion of its measures to accomplish this incorporate â⬠Bulk purchasing, long haul seller agreements, and assembling efficiencies. McDelivery Online â⬠In India, McDonaldââ¬â¢s first propelled home conveyance of suppers in Mumbai in 2004. McDonaldââ¬â¢s now has plans to dispatch online conveyance administration in India (across 75 McDelivery urban communities) in 2010, a pilot for which has just been tried by it in Hyderabad. The organization would like to add 5 percent to deals by means of Web conveyance. McDonaldââ¬â¢s online conveyance model will be founded on serving the client rapidly wherein the drive time doesn't surpass seven minutes since its food must be eaten inside ten minutes of planning. The footfalls in India are among the most noteworthy on the planet, yet the normal bill is among the least. At present (March 2010), Dominoââ¬â¢s Pizza (worked by Bhartia Group-advanced Jubilant Foodworks under an ace establishment understanding) has a 65% piece of the overall industry in the home conveyance section. * Most Preferred Multi Brand Fast Food outlets: In 2009, McDonaldââ¬â¢s India won the CNBC Awaaz Consumer Awards for the third time in the class of the Most Preferred Multi Brand Fast Food outlets. * McDonaldââ¬â¢s India in 2010 â⬠In 2010, McDonaldââ¬â¢s India intends to open 40 additional outlets. The organization has likewise reserved a spending plan of Rs 50-60 crore to advertise its new items and activities for purchasers. Its new advertising effort is titled â⬠ââ¬ËHar Chotti Khushi Ka Celebrationââ¬â¢ â⬠at the end of the day ââ¬Ëcelebrate little delights of lifeââ¬â¢ where it positions McDonaldââ¬â¢s as a setting for improving existence of shoppers. In South India, McDonaldââ¬â¢s has 29 outlets and plans to include 10 more by end of 2010. * Taco Bell in India â⬠In March 2010, Taco Bell, the Mexican claim to fame chain possessed by US-based inexpensive food brands administrator Yum! Eateries propelled its first outlet in Bangalore, India. The organization which additionally works brands like Pizza Hut and KFC plans for contract cultivating to open up to 100 outlets by 2015 and furthermore venture into Tier-II and - III Indian urban communities in the end. * Local Vegetarian Menu: In India, McDonaldââ¬â¢s doesn't offer pork or hamburger based items. Itââ¬â¢s menu is more than 50 percent vegan. The inexpensive food retail chain has separate creation lines and procedures for its veggie lover and non-vegan contributions. * High Real-Estate costs in India: In numerous nations, in a Quick Service Restaurant (QSR) a client comes in, purchases and afterward leaves. This is known as a rotating entryway idea. However, an Indian client has confidence in a feast in culture. This adds to the land costs which goes as high as 20-25 percent when contrasted with 10-15 percent comprehensively. * The most significant feast for QSRs-Morning Meals (Breakfast):According to statistical surveying organization, the NPD Group, breakfast represented about 60 percent of the café industryââ¬â¢s traffic development in the course of recent years in the U. S. Speedy help eateries sold 80 percent of the more than 12 billion morning dinners served at US cafés for the year finishing off with March 2010. OOH Branding: According to Rameet Arora, ranking executive â⬠showcasing, McDonaldââ¬â¢s India (West and South), McDonaldââ¬â¢s India might be the biggest out-of-home marking (OOH) in the nation. McDonaldââ¬â¢s India has restarted OOH (out-of-home marking) following a 7 to multi year break to reach to their objective gathering. * Employees and Customers: In India, McDonaldââ¬â¢s utilizes 5,000 individuals and serves a large portion of a million clients per day by means of its 169 family cafés. McDonaldââ¬â¢s has 85,000 workers and serves 2. 5 million clients every day in the UK.
Friday, August 21, 2020
Childhood Obesity and Go4Fun Health Program â⬠MyAssignmenthelp.com
Question: Examine about the Childhood Obesity and Go4Fun Health Program. Answer: Presentation In 21st century youth weight is the significant general wellbeing concern. It is the developing worry for urban settings in the low and center salary nations. As revealed by World Health association (WHO) in 2016, the kids over five years with heftiness involve 4.1 million (World Health Organization, 2018). Overweight and hefty youngsters are almost certain to remain overweight in adulthood and build up the non-transferable illnesses as a result. In Australia an expected 20-25% of youngsters are overweight. A fourth of them are seen to be corpulent. The quantity of youngsters with stoutness is considerably higher in the Aboriginal and Torres Strait Islander people group (Healthdirect.gov.au, 2018). In NSW one of every five offspring of school age are viewed as overweight or stout (Daniel Anagnostellis, 2018). Abundance weight and heftiness in adolescence are perceived to be the significant hazard factors for type 2 diabetes and cardiovascular malady in adulthood. It is additionally t he hazard factor for musculoskeletal conditions and malignant growth. The capacity to deal with the interminable conditions in adulthood diminishes by the expanding weight in adolescence. Youth heftiness is likewise connected with mental medical problems (Sahoo et al., 2015). It suggests for the guardians to fix model for their youngsters during early life years. The task manages the solid way of life program for kids named Go4Fun created for NSW kids. The task talks about the need of the program, execution and potential effect of the program and its adequacy. Youth corpulence and Go4Fun wellbeing program In NSW one out of one of every five youngsters are overweight and are powerless against cardiovascular sickness and type 2 diabetes. Youth weight is likewise connected with mental medical problems, for example, low confidence and poor self personality. These youngsters are defenseless to heftiness in adulthood upto 20-25% (Aihw.gov.au, 2016). Weight increase and corpulence happens with admission of fatty eating regimen and caffeinated drinks. This conduct surpasses the vitality use from the metabolic procedure and the physical action. The reason for the weight among youngsters credits to for the most part three variables. It incorporates diet, dynamic travel and physical movement. Fat youngsters are noted with truly latent practices, for example, playing computer games, sitting in front of the TV and poor information on sustenance (Sahoo et al., 2015). This issue calls for sure fire activity and the method of reasoning can be clarified by the social learning hypothesis proposed by Ba ndura. As per this hypothesis youngsters and grown-ups; gain from each other through perception, and demonstrating. It incredibly impacts the practices and intellectual parts of individuals incorporating memory, consideration and inspiration (Cherry, 2011). On the off chance that the youth stoutness isn't tended to, more kids in since quite a while ago run would watch and take in stationary exercises from the large kids. It will in the long run increment the weight of ceaseless infections and medicinal services cost. It implies that the stoutness has negative effect on youngsters wellbeing as well as on the whole country (Sahoo et al., 2015). It requests the guardians to take preventive activities to ensure the kids in early life years. It is on the grounds that stoutness includes the monetary and social effect on families. In any case, guardians are found to have poor attention to food and sustenance and its job in kid advancement (Park, Falconer, Viner Kinra, 2012). This calls for creating compelling wellbeing advancement program for hefty youngsters and for supporting their folks. To address this issue, the Go4Fun wellbeing program was propelled in 2011 for overweight youngsters in NSW (Nsw.gov.au, 2018). Potential effect of Go4Fun on wellbeing program The program is executed with present moment and long haul objectives. The transient advantages of the program incorporate improved dietary patterns, physical movement and diminishing in stationary practices and BMI. The drawn out advantages remember increment for confidence, improved fixation, and practices, donning abilities and wellness. The youngsters additionally are befitted by the improved cooperation and relational abilities (Go4Fun, 2018). It is apparent that the program is intended to such an extent that it has potential for generally positive effect on the physical, social, enthusiastic and mental prosperity. The program can possibly inspire positive wellbeing results as it guarantees the central wellbeing assets and conditions required for good wellbeing as referenced by the Ottawa Charter of wellbeing advancement. Three of the conditions met by the program incorporate instruction, food and social equity and value (OttawaCharterforHealthPromotion, 2018). Wellbeing advancement technique distinguished in the OttawaChartercontains five need zones. It incorporates building the wellbeing open approach, making the supporting condition, reinforcing the network activities, create individual aptitudes, and reorient wellbeing administrations and moving into what's to come. The Go4Fun program for fat youngsters can possibly address four of these need zones referenced previously. The program makes steady condition, fortify the network activities, create individual aptitudes and assist individuals with moving into what's to come. The wellbeing advancement program balances the weight towards destructive factors, for example, awful nourishment, low confidence and physical inertia. This program lessens the danger of constant infections like cardiovascular ailments, wretchedness, and ensuing mortality by eating well food. Along these lines the program lessens the disparities in the wellbeing created by the acts of urban and high society. The program empowers the guardians to make strong condition for the youngsters and direct them towards solid way of life. The program likewise cultivates the self improvement and social emotionally supportive network in this way fortifying the network activities. More noteworthy open support prompts increment access of wellbeing data and learning open doors for kids. It prompts more prominent joint effort with the essential wellbeing places (Hardy et al., 2015). Further, the program is additionally building up the individual abilities. The Go4Fun program teaches and gets ready yo ungsters in school setting, home and network settings tocope upwithchronicillnessandinjuries. The guardians and kids may learn after school cooking aptitudes, particularly those from hindered networks (Burrows, Lucas, Morgan, Bray Collins 2015). The guardians taking an interest in the wellbeing program are equivalent accomplices in each period of wellbeing advancement together with kids. Along these lines, they can keep themselves solid and their kids. They can move into future where they will have less wellbeing complexities. As guardians and kids are perceiving their wellbeing, it goes about as socialinvestment. It causes them address by and large environmental issues of living ways (Innes-hughes, Khanal, Lukeis Rissel, 2016). Usage of the chose wellbeing advancement The program is free for overweight youngsters matured 7-13 years and guardians to partake. It is the multi week program on dietary patterns, wellness and certainty. The debut need of the program is to diminish the pace of overweight and corpulence by 5% in kids by 2025 (Nsw.gov.au, 2018). The program is started by the wellbeing experts, who are able to give wellbeing and wellness preparing. The program is begun after the school hours and runs corresponding with the school terms. The certified wellbeing experts train youngsters about wellbeing dietary patterns through fun exercises and games. On the off chance that the guardians don't show the sound way of life the kids are more averse to have information on solid food decisions and dynamic way of life. Along these lines, the program bolsters the relatives to embrace the solid way of life. The physical mentors help kids in taking part in different physical exercises for set measure of hours. All through this period the mentors support the confidence of the kids. Guardians are motivated to join the wellbeing excursion of their youngsters. The program additionally thinks about the social variables to help the Aboriginal kids. This program was otherwise called Aboriginal Go4Fun (Nsw.gov.au, 2018). The program follows the standard of the Ottawa contract as per which the wellbeing advancement should empower the individuals to build their power over wellbeing and improvement. As per Ottawa contract the three essential systems of the wellbeing advancement program are advocate, empower and intervene. It implies that the wellbeing advancement program should advocate the individuals for wellbeing as it is a significant element of personal satisfaction. Wellbeing is the significant asset for the financial, social, and self-improvement. As per Ottawa Charter, wellbeing advancement program should empower all individuals to accomplish their wellbeing potential to their fullest. In such manner the two people ought to be given equivalent chances to decrease contrast in the present wellbeing status. Further, the wellbeing advancement program must include composed activity by the wellbeing, social, monetary and government segment just as media, intentional associations (OttawaCharterforHealt hPromotion, 2018). Go4Fun follows the three systems referenced in the Ottawa Charter and it is clear from the wellbeing backing to guardians of overweight kids to lead a solid way of life. With the assistance of these projects the youngsters are pushed to get dynamic every day for an hour. It might incorporate the vivacious exercises that will make youngsters episode and puff. Guardians and youngsters are supported to drink water to extinguish thirst over the enhanced and improved beverages. They are additionally upheld to devour more foods grown from the ground. The members of the program are prescribed to allow the 2 serves of products of the soil serves of vegies every day and abstain from eating the fat rich eating regimens and unhealthy food. They are bolstered and instructed to pick more beneficial choices as opposed to eating snacks. Kids are upheld to pick alte
Friday, June 12, 2020
Research Methodology Finance Essay - Free Essay Example
3.1: Introduction In this chapter, the methodology being used to conduct this research will be explained. This will lead to the theoretical framework, data collection and the method of data analysis. 3.2: Research design University of Texas at Austin (2010) states that. Research design is a plan outlining on how to gathered information for an assessment or evaluation which includes identifying the data gathering methods, the instruments to be used/created, and how the information will be organized and analyzed. Research design used to structure the research, in order to show how the important parts of the research, such as the samples of groups and the method of assignment to work together to reach the research question (William, M.K., Trochim, 2006). A good research design can provide valid conclusions and suggestion from the research. (William, M.K., Trochim, 2006). https://www.socialresearchmethods.net/kb/design.php (University of Texas)https://www.utexas.edu/academic/diia/assessment/iar/glossary.php 3.2.1: The purpose of the study The purpose of this research is to investigate the relationship between CFM and WCM, WCP, WC and CCC and ratio. A descriptive study was initially being undertaken in order to describe the variables of this research. 3.3 Theoretical Framework Independent Variables Gross Profit Net Profit Revenue (sales) Total Assets Total Liability Total Equity Dependent Variables Cash Conversion Cycle Working Capital Management Working Capital Policy Profitability Ratio Liquidity Ratio Figure 14: Research Model for the Research Study Figure 14 is the research model for this research study. The research model had been developed based on the objectives that had been stated down in the chapter 1of this research study. It is the outlines for the research study and it form up by six attributes, namely the independent variables and dependent variables, which is the guideline to conduct the research study. The independent variables in this research study are the six measurement of cash flow. They are gross profit, net profit, revenue, total assets, total liability and total equity. However the dependent variables in this research were CCC, WCP, WCM, profitability ratio and liquidity ratio. The six major features had enabled this research to study the importance of CFM in Tobacco Industry in Malaysia. 3.4 Data Collection Methods According to Saunders et al (2000), there are two types of data; they are primary and secondary data. Secondary data are those data that has already existed or being collected by other researchers for particular purposes and primary data is data that a researcher collects based on his or her own for a specific purpose (Cooper et al 2003). Saunders, M., Lewis, P. Thornhill, A., 2000. Research Methods for Business Students. 2nd ed. Gosport: Pearson Education Limited. Cooper, D.R Schindler, P.S., 2003. Business Research Methods. 8th ed. United States: McGraw-Hill Publication. However, the existed data has made the secondary data the most appropriate sources to be use in this research. Thus, the information needs for this research are accounting data. The secondary accounting data sources can be found in the file or report recorded and reported by accountants. Using secondary data has bringing the advantage of time saving, cheaper, faster and easily accessible while involve in data collection process (Colorado State University, 2010).Those studies employed data from financial statements of sample firms. (Colorado state university) https://writing.colostate.edu/guides/research/survey/com4c2a.cfm 3.4.1: Secondary Data Collection A range of secondary data and information were utilised to obtain the information regarding the definition of cash flow, and the concept of CF in term of WC, planning and control, in order to carry out this research. The Information and data were obtained from various resources. Among the sources, reference books are the major and important sources to on the basic knowledge for Cash Flow (CF) concept. There are substantial numbers of books in the field of financial and management accounting on this topic and valuable literature can be combined by referring to those books as various accounting theorists have explored on this topic. Sources from Butterworths Public Library, Penangs Public Library, and Library in College PTPL Penang are the major information in this research. However, references books do not provide sufficient information in relations to this research. There are some sources from academic journal, newspapers and magazines that provide some other information in t his project. Furthermore, internet web sites are also the importance methods that use to locate the information or sources about the Cash flow Management (CFM) and the company annual report. Normally, internet information will employ World Wide Web because it will provide a useful source to obtain further information regarding to this project. Google is the main internet search engine that being used on this research study. Other than that, Google e-book, e-library of Anglia Ruskin University (ARU) were used to collect the information which written by the author from various country, especially from India and United Kingdom. 96 Using internet resource was unquestionable advantage, where it gives access to internet web sites which contain some valuable articles on this topic. Thus, Internet provides useful sources to collect additional information with regards on this project. In this research study, the data are mostly collected from the financial statements of listed compa nies on the Bursa Malaysia obtained from the Bursa Malaysia Listed Company website for annual reports 2004 to 2009. To focus on the CFM, profitability and liquidity, calculation of management of debtors, creditors, inventory and stock are selected directly from the CFS, balance sheet, and income statement. 3.5: Sample selection The sample size used for this research study was the company in the Tobacco Industry in Malaysia listed on Bursa Malaysia. The sample size for the targeted participants is 80% of the Tobacco Industry in Malaysia. The targeted participants in this research study included two companies in Tobacco Industry in Malaysia, which are British American Tobacco Malaysia Berhad and JT International Malaysia Berhad from year 2004-2009. The samples are selected according to the following criteria: The companies must have completed data for all variables such as cash flow statements, income statements and balance sheets. The companies must have operated during the fiscal year ended December 31. The companies must be listed on the Bursa Malaysia. 3.6: Data Analysis All secondary data obtained from the different sources will be analysed in the order to gain a proper framework. All of these data will be analysed in detailed and summarised in readable and easily interpreted form for addressing the research question accordingly. Data which been collected from the financial annual report will be use to analysed by a few ratio analyses by using the profitability ratios, liquidity ratios, effectiveness of management policies, and cash flow ratios. The results obtained from the analysis are useful in providing answer to the research study. The ratio analyses that bad had been employed in this research study are stated in figure 15. Besides that, the Microsoft Excel also will be using by this research for the purpose to analysis the result of the ratio for these three companies. Broad area of analysis Also known as Ratios Calculation Questions ratio seek to answer Profitability Ratio Earning Capacity Ratio Gross Profit ratio Gross Profit Net sales Is the profit from the sale of product or service sufficient to cover the overheads generated in producing or providing that product or service? Net Profit Ratio Net Profit before tax Net Sales Is the return on the owners investment satisfactory or should alternatives be considered? Return of Equity Ratio Net Profit______ Average of owner equity How effective is the return on the companys investment in these assets? Financial Stability (Liquidity Ratio) Short-term financial stability ratio Cash Ratio Cash_____ Total Assets How much cash in hand the company should hold to meet their short term operation needs? Current Ratio Current Assets___ Current Liabilities Is the company able to pay out the short term debts when required by creditors? Quick Ratio (Acid test ratio) Current Assets Inventory Current Liabilities Can the company meet all its obligations immediately? Long-term financial stability (Solvency Ratio) Debt Ratio Total Liabilities___ Total Assets How financially secure is this company in long term period? Leverage ratio (Gearing ratio) Equity Ratio Total Owner Equity__ Total Assets To what extent the company depend on external finance (Debt/Borrowings)? How much long-term debt financing is being used by the company? Effective of Management Policies Activity ratios Turnover of Inventories ratio Cost of Goods Sold__ Average Inventory How frequent is the inventory being order to generate revenue Turnover of accounts receivable rate Account Receivable X 365 Net Credit Sales How effectively the company collect the cash from debtors to ensure steady cash flow? Any bad debts arise? Figure 15: Table of ratios Total 1022
Sunday, May 17, 2020
The Legal Issues For Technologists - 1639 Words
Introduction Legal Issues for Technologists, has been an extremely informative class in which much was learned. It directly tied into many of the topics that I have studied in other classes. Entrepreneurial studies and sustainability seem to be at the very core of many majors here at Arizona State University, my major is no exception. In my previous classes I have had to reflect on the materials of the class and demonstrate my knowledge of the curriculum, so that I may bring my skills to my practices in the real world. While I did have some general ideas about various concepts and topics covered in this class. Much previous knowledge was very non-specific and I had many gaps in my understanding. In classes taught by Lucy Qiu, I have learned the incredibly intricate, and often tedious nature of entrepreneurial finance. Aram Chavez has taught me the value of marketing, the power of the cult, and brought insight into the dealings that an entrepreneur might encounter throughout their Aha to Exit journey. Jason Bronowitz has instilled skills relating to the building products, brands, and creating market opportunity analyses. And Finally, as we come to the end of the fall 2015 semester it is once again time for me to reflect on my studies to see what I will carry with me into the future. In an effort to conduct a thorough and effective reflection, one that I believe will be the most beneficial to me, it is imperative that we start at the beginning of the class. I would likeShow MoreRelatedThe Responsibilities Of Each Of The Below Professions1543 Words à |à 7 PagesIntroduction; Within this report will be explanations of the responsibilities of each of the below professions: ïÆ'Ë Architect ïÆ'Ë Architectural Design Technologist ïÆ'Ë Quantity Surveyor(Commonly known as a QS) ïÆ'Ë Building Information Modelling Coordinator/Manager ïÆ'Ë Building Services Manager ïÆ'Ë Project/Construction Manager ïÆ'Ë Structural Engineer ïÆ'Ë Surveyor With the explanation of their responsibilities there will also be information which explains what their role/job is and what they do. I will also be goingRead MoreEssay on Communication in Radiology1561 Words à |à 7 Pagesto treat patients appropriately. 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Wednesday, May 6, 2020
Strategic Analysis of Nike Inc - 12147 Words
TABLE OF CONTENTS Executive SummaryÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.Ãâ¦Ãâ¦Ãâ¦Ãâ¦p.4 HistoryÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..p.6 Profile of CEOÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..p.7 Competitor s ProfileÃâ¦Ãâ¦Ãâ¦Ãâ¦.Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.p.7 Industry ProfileÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..p.8 Company AnalysisÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦p.9 Industry AnalysisÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦......p.24 Top Competitor AnalysisÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.p.25 Other External ForcesÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.p.26 Key OpportunityÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦..Ãâ¦.Ãâ¦p.27 Key ThreatÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦p.27 Major and Subordinate ProblemsÃâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦Ãâ¦.Ãâ¦Ãâ¦p.28 Strategicâ⬠¦show more contentâ⬠¦As illustrated in the graph below, this marked the first time since 1994 that revenues have declined. Regardless of this year s decline, Nike Inc. achieved 300% revenue growth over a 10-year period, rising from 1990 sales of $2.235 billion. Exhibit 1 * Obtained from Nike, Inc. 1999 Annual Report Although revenues declined in 1999, net income increased by 13% over the prior year. As the graph below illustrates, net income has been volatile in the latter half of the 90 s. Sharp decreases in 1998 and 1999 net income were due to restructuring charges. If these charges had not been incurred, income would have been flat for both years. Efficiency in cost control and inventory management has allowed net income to increase while revenues decreased in 1999. Note that the largest growth rate was 43% in 1997 over the prior year with net income of $795.8 million. Exhibit 2 * Obtained from Nike, Inc. 1999 Annual Report Challenges Our greatest challenge in 2000 will be to maintain the operational and financial initiatives we worked so hard to implement in 1998 and 1999. We must maintain our inventory levels low enough that will allow us to adapt to quickly changing market trends. Financially, we must remain conservative in our cost structure. Cuts to operating expenses of almost $200 million this past year demonstrated that we are inShow MoreRelatedNike, Mission, Vision, Values, Principles Essay704 Words à |à 3 PagesRunning head: NIKE, Inc. Mission, Vision, Principles 1 NIKE, Inc. Mission, Vision, Principles Ameirah Aldahmani MSM631 ââ¬â Strategic Management and Financial Reports Analysis Regis University Saturday, September 04, 2010 Abstract This paper is a qualitative and quantitative analysis of NIKE, Inc., done as six separate sections. The six sections of the project are external environment analysis, S.W.O.T analysis, executive interview, strategic and tactical plans and controls, structure,Read MoreStrategic/Operational Planning (Nike) Essay696 Words à |à 3 Pages Nike: Strategic Operational Planning Albert Dwayne Johnson Jr. University of Phoenix Nike: Strategic Operational Planning: When people think Nike, the first thing that comes to mind is a swoosh. The iconic symbol of the clothing brand can be seen as a way of life in sports clothing, stylish clothing and pop culture. Nike is a highly successful company, with all competitors, like Addidas or Converse, constantly working toward being on the same plane as Nike. TheRead MoreEnvironmental Scan Paper1535 Words à |à 7 Pagesthe internal and external variables of a company, the business managers would have to use a SWOT analysis to develop awareness to different of the company. For example, the company could want to measure consumer behavorior, competitor behavior, and current trends in their marketplace. Environmental Scan and SWOT Analysis The information discovered from conducting an environmental scan and SWOT Analysis is vital to an organizationââ¬â¢s success as it will help businesses gain an accurate assessment ofRead MoreNikes Long Term Financial Goals938 Words à |à 4 PagesHow important is it for the financial managers of Nike Inc. to use economic variables in identifying long term financial goals? For Nikes business model to continually flourish and stay profitable, the senior management team and strategic planners must continually monitor short, intermediate and long-term economic factors that will affect their operations. Nikes business model is heavily dependent on supply chains, as the majority of their products are manufactured in Asian nations, either inRead MoreSwot Analysis Of Nike s Marketing Strategy1543 Words à |à 7 Pagesapplying diversification strategy and being successful in diversification is Nike, Inc. This paper discusses Nikeââ¬â¢s diversification strategies and how the company succeeds in using it. Along with corporate level strategy, this paper also touches upon the international strategy that Nike uses. Key Tie-Ins â⬠¢ Diversification strategy â⬠¢ International strategy Nike Diversification Strategy Upon first glance it is not very obvious that Nike employs diversification in their overall corporate strategy. The companyRead MoreNike s Competitiveness And External Environment1488 Words à |à 6 PagesNikeââ¬â¢s Competitiveness and External Environment The PESTAL analysis will help determine Nikeââ¬â¢s current issues regarding their macro-environmental factors. The PESTEL analysis covers six areas of interest. The political factors for Nike are the possibility of tariffs being imposed by the United States federal government in their overseas operations. According to the world manufacturing map, Nike has factories in 42 countries (Nike, Inc, 2017). Therefore, tariffs, sanctions, or embargos that couldRead MoreNike s Offensive Competitive Advantage1206 Words à |à 5 Pagesunderstand and then apply to a company. The Five Generic Competitive Strategies that Michael E. Porter developed are not really five strategies, more like five with subsets under them. Nike does not fit neatly into a specific strategy. The first factor within the competitive strategy as described in the Essentials of Strategic Management textbook is a broad target market or a narrow target market. The second factor considers the competitive advantage is strivin g to lower costs to the customer or utilizingRead MoreNike And Challenges Of Nike Inc. Essay1349 Words à |à 6 PagesSummary Nike was founded in 1972 by Philip Knight and Bill Bowerman. The focus of this report would be an analysis of how Nikeââ¬â¢s manages and delivers its service to its customers. It also looks into Nikeââ¬â¢s emphasis on its product quality and innovative design to meet the ever changing consumer preferences. By looking at its current strategies that Nike adopt and its appropriateness, this report will provide you a better understanding on how consumer see Nike and challenges that Nike Inc. faces.Read MoreProject Proposal : Nike Inc.1354 Words à |à 6 PagesInception Nike, Inc. is a corporation that specializes in the design, development, manufacturing, marketing, and sales of footwear. Nike, Inc. was founded by Bill Bowerman and Phil Knight. The current Chief Executive Officer (CEO) is Mark Parker. The company headquarters is in Beaverton, Oregon. The company headquarters will be expanding soon and will contain two additional floors. Currently, there are twenty employees and four out of the twenty employees handle the IT part of the corporation. Nike operatesRead MoreHistory Of Nike Inc. ( Nke )1709 Words à |à 7 PagesHistorical Background Nike Inc. (NKE) is a $32.3 billion multi-national enterprise headquartered in Beaverton, OR. Nike was originally founded as Blue Ribbon Sports in 1962, and in 1967, the company rebranded as Nike. Positioned as the worldwide leading brand in the sports apparel industry, Nikeââ¬â¢s primary business activity is ââ¬Å"the design, development and worldwide marketing and selling of athletic footwear, apparel, equipment, accessories and servicesâ⬠(Nike Inc., 2016). Products and Services
Da Evil Deer Essay Example For Students
Da Evil Deer Essay It all started on the opening day of deer season. The beautiful day was just cold enough to want a jacket but, but hot enough to where if one was worn youd sweat to death! It seemed like a typical opening day. It wasnt though, it turned out to be quite different. I walked out to my favorite tree belt with my trusty gun at my side and waited for the buck I had been eyeing for months. I needed a nice buck this year. See I bet Buddy that my deer would be twice as big as his. Twenty bucks was up for grabs and I needed to buy a new paintball gun. As I thought about what kind of gun I wanted, the biggest buck I had ever seen showed up about 100 yards away from where I sat. That was my ticket to twenty dollars. I raised up my gun, put the deer in my crosshairs, and sat there for a second to admire its beauty. Thats not all I noticed though. The deer had red eyes, and below the red eyes, on the ground, set an AK-47 with a weird scope. I thought sweet! Not only will I get twenty dollars, Ill also get a new assault rifle that someone left lying around! Then it occurred to me that I was the prey. I got up and ran! Lead flung by me as I made my way to the Jeep. All of a sudden blood started squirting out of my leg! I thought cool, that didnt even hurt! B ut my leg gave out and I fell to the ground. As I was lying there, I devised a new plan. I layed their acting dead and waited for the deer to pick me up. He threw me over his shoulder, and I slowly pulled out my hunting knife. A quick slice and the psychotic, evil deer was laying on the ground out cold. The twenty bucks was mine! Then, as I was cutting the deer open, a button buck jumped out of the evil deer, and my monster buck disappeared! As the deer hopped away I noticed two things. It had red eyes, and on its butt was a sign. It read: Payback is a female dog. I cried that day. My prize deer was no more, and I lost twenty bucks. There was just one phrase lingering in my mind. Hell be back, I reassured myself. Hell be back. The End
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