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Economic Efficiency
Recent measures taken by the firm to achieve efficiency. (Distinguish carefully as between different economic notions of efficiency in your answer).
Glanbia plc is an international dairy and nutritional ingredients group headquartered in Ireland. The company has 4,500 employees in seven countries
and sales offices in a further five. International operations include food ingredients and nutritionals while Irish operations incorporate consumer foods
and agribusiness and property. The group has three strategic joint ventures which are based in the UK, USA and Nigeria. The company has the early
2000's expanded its international based projects and acquired new sectors of the world market by mergers and acquisitions.
Due to the economic ... Show more content on Helpwriting.net ...
Arla foods ingredients has given itself the task os establish local production before 2013 in the united states. A good sign for glanbia for the near
future is that Arla foods aren't looking to make a major move into the American market but merely get a foothold in the market for future expansion.
For now the company feels it's European market can be expaned more in countries like France Norway and Germany.
|No.1 |No.3 |
|Denmark |Germany |
|Sweden |Poland |
|Finland | |
|Holland | |
[pic]
Kerry group is a world leader in food ingredients and flavours serving the food and beverage industry and a leading supplier of added value brands and
customer branded foods to Irish and UK markets.
The group has organically and through a series of strategic acquisitions in its relatively short
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Rubberteech Case
Outsourcing production of Fibertech's company needs to be delicately decided due to the potential resentment engendered in the United Kingdom's
workers and customers. Even though most companies that outsource their production due to production costs being cut, that still does not always lead
them into the clear due to the many other risks that are still at hand. For this business, in particular, I would advise FiberTech to expand thecompany's
productions processes outside of the United Kingdom. This company has hit a key milestone in that we have expanded our market reach and are
selling on a global scale. Though the board is suggesting to you, Niall that you should cease mitigating the cost of international delivery by producing
FiberTech ... Show more content on Helpwriting.net ...
Furthermore, depending on which location this company decides to produce in, we may be able to further reduce costs by paying for pieces produced.
In addition, we would avoid any contact with unions reducing any additional problems like strikes, contract negotiations, and terminating poor
performance workers that may affect our production time to customers. In addition, lowering labor, operating, and overhead costs though outsourcing
would allow this company to potentially lower out price levels. And with our high demand, this can lead to an increase in sales and the ability to take
market shares from our
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The Impact Of Cio On The Organization And Difficulties...
ABSTRACT There is a drastic improvement in the IT industry from the past few years. CIO's responsibility is to concentrate on the matters that are
very important for the development of their organization, also the business purchases and business savings. Today 's CIO faces a cluster of other
tasks like competing with the improved technology and securing their data. They are given more responsibilities like budget cuttings and taking care
of global downturns. Many CIO's these days are finding it difficult to maintain and balance their key roles as technicians and business person
successfully. This paper explains briefly about the roles of CIO's, the responsibilities of CIO's in any organization, impact of CIO on the organization
and difficulties faced by them.
INTRODUCTION:
According to Wikipedia, "CIO is considered as the senior executive in an organization who is held responsible for information technology and
computer systems". They play a very significant role in organisation. The business problems faced by an organization are solved pretty quickly. The
key role of CIO is to inculcate the knowledge on business value and to teach the co–workers about taking risks for the organization they are working
for. As a person who heads an organization, he has to overcome all the drawbacks and bring the best results that boosts thecompany's production. These
days CIO's are not only fulfilling the role of a senior executive member of the board but also are solving and
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Essay on Cadbury Schweppes' Strategic Dilemma of Trebor...
Cadbury Schweppes' Strategic Dilemma of Trebor Bassett
Cadbury Schweppes is a UK–based beverage and confectionary group founded in 1969 with the merger of two English groups (Cadbury and
Schweppes). This family–managed group grew and flourished through the years. It became an international major player in the late 80s and was
admired by its peers for such an ascent.
In 1990 the group bought two little entities from the same business and merged them into a single unit: Trebor Bassett. The CEO of this unit soon
became the CEO of the group (1993) and he then realized that the success of the past years was seriously in danger and that a real turn needed to be
taken. John Sunderland (CS'CEO) and John Stake (Human Resources Director) ... Show more content on Helpwriting.net ...
Cadbury Schweppes was a global force in chocolate and sugar confectionary, had plants in 25 countries and sold products in more than 170 countries.
The company defended its position with many power brands, like Lion for instance. In 1996 the company had two major objectives: to grow
internationally and to get bigger. For example, the confectionary branch's goal was to sell 1 million tons of consumption by the year 2000.
However, although the company was globally admired for its performance and its management, its results were certainly not as good as believed. As
evidence, the annual shareholder return was only 8.8% (Coca Cola offered to its shareholders a return of 32,8%). In addition the operating profit had
decreased yearly since its peak in 1994, suffering for a fall of 16% between 1994 and 1996.
2. A control and management system ...
Cadbury Schweppes had a complex control and management system, which we can define as a budget–driven decision making process and corporate
control system: the budget had an essential place. Indeed, every day the yearly budget drove all the company's strategic and operating decisions. The
"meet the numbers" culture was the one we could find in the company. Due to the preponderance of the budget, Cadbury Schweppes' top managers
controlled over business units through extensive series of mechanism, symbolised by all
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High Tech Companies Like Arm Are Often Cited As Great...
6. High tech companies like ARM are often cited as great examples of UK success. What drawbacks does such an emphasis have? Although high
technology manufacturing (and by extension high tech companies that operate in that sector) is a good way for the UK to improve its productivity
(output per labour force) and its global competitiveness [6], too much emphasis on high tech companies present possible drawbacks. Firstly, there is
a mismatch in skills required by the high tech industry and the actual skillsets of the UK labour force. Only 27.2% of the UK population aged 16 to
74 have a degree or equivalent or higher [2]. Taking cognizance of the fact that most high tech jobs require at least a degree, undue emphasis on that
sector neglects the other 72.8% of the population. And this neglect has dire consequences. As evidenced by the recent UK referendum vote to leave the
EU and the rise of the US presidential candidate Donald Trump, if a substantial part of the population feel left behind or disillusioned with the
economy, it can lead to political unrest, and possible negative populist decisions that can hurt the general economy. Generally, businesses do not thrive
under uncertainties. The political uncertainty brought about by the recent UK referendum was cited by business leaders as the top risk facing UK
businesses [6]. These political risks negatively affect the general economy, in terms of both reductions in GDP growth and value of the UK pounds
sterling. Another
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Analysis of Cadbury Schweppes Essay
Analysis of Cadbury Schweppes TABLE OF CONTENTS
1.0 INTRODUCTIONВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…..3
1.1 DefinitionВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…...3
1.2 PurposeВ…...В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…...3
1.3 Sources of DataВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…..3
2.0 MISSION STATEMENTВ…В…В…В…В…В….В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…..4
2.1 Peter Drucker's QuestionsВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В….4
3.0 COMPANY 'SPEST ANALYSISВ…В…В…..В…...В…В…В…В…В…В…В…В…В…В…В…В…В…5
3.1 PoliticalВ…В…В….В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В….5
3.2 EconomicsВ…В…В…В…..В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В….В…..5
3.3 ... Show more content on Helpwriting.net ...
1.1 Definition
An Information System collects, processes, stores, analyses and disseminates information for specific purpose.
. Input
. Processing
. Output
The right kind of Information System must be used in order to improve the company's performance and assure that they achieve their goals and
priorities efficiently.
1.2 Purpose
This report has been prepared for Dr. Uma Mohan. It discusses Cadbury Schweppes Mission Statement and Peter Drucker's Questions, the importance
of the analyse of PEST and SWOT factors. Also the recommendation and importance of theManagement of Information System utilised inside
Cadbury Schweppes in order to achieve their goals.
1.3 Sources of Data
Information was obtained from a variety of sources. These sources include: textbook information, private and public websites. It was also utilised
В‘Cadbury Schweppes: Our business principles' booklet as the primary resource for this report.
2.0 MISSION STATEMENT
The Company's Mission Statement provides a clear framework of their strategic intent and how they do conduct their business:
‘‘Our Core Purpose is: working together to create brands people love''
CS believes that good ethics and good business go together naturally to produce the best longterm results for all their stakeholders.
Ethical business sits at the heart of CS. They are committed to the highest standards of corporate governance and Social
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3SCO Supporting Change Assignment Essay
3SCO – Supporting Change within Organisations Introduction to E.ON
E.ON UK is a leading energy company and is amongst the big 6 energy suppliers. It was established in 2002 through the acquisition of Powergen and
now has the second largest electricity generator in the UK and owns the second largest distribution network in the UK. E.ON UK employs over 10,800
staff and has 97 sites including customer contact centres, offices, wind farms, technology centres, training academies and power stations. E.ON UK is
part of E.ON who is the world's largest investor–owned energy service provider, where its headquarters are based in Germany. E.ON UK has over 8
million customers and has a vision to be our customers' trusted energy partner.
Why E.ON ... Show more content on Helpwriting.net ...
How new members of the SLT are perceived by employees is vitally important in order to maintain engagement of staff and commitment to
organisational goals.
A further internal driver of change is a need to decrease costs and increase consistency and efficiency, which is the aim of the centralisation of some
support functions from E.ON UK to Berlin where E.ON headquarters are based. This has resulted in a number of redundancies and the re–education of
hiring managers across the UK business to understand the changes.
Approaches to change
A useful model when looking at different approaches to change is Tannenbaum and Schmidt's (1958, cited in Leatherbarrow et al, 2010, p414)
Continuum of Leadership. This model explains a scale of various levels of delegated freedom and the subsequent effect on the employees. It details
'telling' where the manager decides and announces the decision, 'selling' where the manager decides and then sells the decision to the group,
'consulting' where the manager presents the problem and asks for suggestions before making a decision, and finally 'joining' where staff are involved
in all stages of the decision making process. The model argues that 'joining' is the key to implementing change successfully as when employees are
part of the change they are more likely to engage with it in a positive way. At E.ON the change
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Creative Self Efficacy
Creative self–efficacy, which refers to the employee's beliefs about his/her ability to perform the job creatively, may relate to company image
(AragГіn–Correa et al., 2007, Wang and Lin, 2012, Gong et al., 2009). For instance, AragГіn–Correa et al. (2007) have investigated the relationship
between leadership and organisational learning's role on innovation and performance. They employed SEM as the analysis tool with 408 useable
questionnaires (response rate 45.33%). AragГіn–Correa et al. assert that firm innovation has a positive impact on organisational performance.
Accordingly, organisational learning's role on innovation may relate to creative self–efficacy which refers to employee's ability to perform the job in
innovative way. Whilst, one of organisational performance indicator is company image. Hence, it may assume that creative efficacy may lead to
company image. Moreover, Wang and Lin (2012) have examined the antecedents of innovation performance. They conducted their study in Taiwan by
using 302 responses from 30 large IT companies (response rate 67.11%). Wang and Lin reveal that innovation self–efficacy leads to innovation
performance. Innovation performance may relate to organisational performance. Whilst, one of organisational performance indicators is company
image. Arguably, creative efficacy may also have an impact on company image. For example, when a company has a better employee's creative
self–efficacy, its employees will perform their job creatively and it
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Business Analysis : Dixons And Carphone Plc
Introduction
Dixons and Carphone plc is Europe`s leading specialist electrical and telecommunications retailer and services company headquartered in London,
United Kingdom, employing over 40,000 people in 9 countries(Dixons Carphone,2014). This company was the merger of Dixons Retail and Carphone
Warehouse on 7th August 2014. From former experience, that the merger of two falling firms tends not to have a good ending, but fortunately, the
result of this merger is favourable for both companies so far. It combined two main electrical retailer and servicescompany in UK`s market, and their
margin are falling in the past years. The two parties had several meetings before they signed the paper, and they finally agreed a ВЈ3.8bn "merger of
equals" to create an electricals retailer selling phones to fridges, and offering service and support alongside a multitude of gadgets(theguradian,2014).
The merger helps them to gain more profit than before, as reported, Dixons Carphone has 21% rise in profit(BBCNews,2015). Many factors caused the
merger of Dixons and Carphone Warehouse. Most important reason is there are no bright prospect for both parties before the merger, both companies
are trying to protect them from the competitive and unpredictable market and seeking new opportunities for development.
This essay will report the process of this merger happened in 2014 and analyze the impact of this financial event on both parties by using relevant
financial theory.
Main Body
The
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Essay on The Effects of Immigration on the United Kingdom
Migrants are defined as all those who were born outside the UK and were known as 'aliens' or 'foreigners'. Kostakopoulou calls this assumption into
question, arguing that 'aliens' are by definition outside the bounds of the community by virtue of a circular reasoning which takes for granted the
existence of bounded national communities, and that this which takes for granted the existence of bounded national communities, and that this process
of collective self–definition is deeply political and historically dated. The composition of the current UK migrant population has of course been
conditioned by immigration policy over the past 50 years. Immigration has become a major debate across the UK, with many different reasons given
for and ... Show more content on Helpwriting.net ...
Honeyford made an interesting and yet controversial quotation, which was from a French intellectual, Fannon that wrote.
"It's a just reparation which will be paid to us. Nor will we acquiesce in the help for underdeveloped countries being a program of sisters of charity.
This help should be the ratification of a double realization: the realization by the colonized peoples that it is their due, and the realization by the
capitalist powers that in fact they must pay."
Sir Jones revealed that Britain has grown complacent and that migrants should not be blamed for the nation's unemployment as they are willing to
work for low wages and possess the skills and education that Britain no longer provide for their own workforce .His opinion was shared by the Home
Secretary's, where they stated:
"I want the message to go out loud and clear that Britain will remain open for business. Our economy will remain accessible to the best and the
brightest in the world... as the Prime Minister said entrepreneurs will be welcome."
Legrain considers the advantages of immigration in his book and clearly defends the concept of immigration. He is determined to argue the benefits
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Company Law Case
Question 1
The main parties involved in this issue are Wong Siu Long ("SL") and Wong Siu Foong ("SF"), who are siblings. Both of them are involved in the
running of their family business, Weng Fatt Jewellers Pte Ltd ("WFJ"), which manufactures and sells contemporary fine jewellery. In WFJ, SL
handled the core business while SF was in charge of designing and ensuring the quality of the jewellery. In 2000, SF effectively retired from the
business, but SF still had a significant influence on the company. Furthermore, SF held 25% of share capital when WFJ was duly incorporated. Later,
SF was appointed as a director of the company. Subsequently, SL insisted that the following provision be included in the articles of association of WFJ,
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Due to the financial crisis, FW's assets were devalued and were transferred to its parent company. Assuming that FW does not have enough
resources to pay WFJ for the damages, Samuel (WFJ's managing director) should be concerned about the restructuring of the group because it will
affect the amount that it can claim from the FW or the group. Therefore, the bigger issue is whether WFJ can claim the damages from FW's parent
company. In Salomon v A Salomon & Co Pte Ltd [1897], it was held that the veil of incorporation creates a separate legal personality and a
company should be treated like an independent person. In Gramaphone and Typewriter Ltd v Stanley [1908], it was held that the business run by the
subsidiary was not the holding company's business. In the eyes of the law, FW is a separate entity from its parent company. Therefore, the parent
company is not liable for FW's liabilities. However at times, incorporation is used to circumvent the law or hide the true state of affairs from the
court.4 Hence, there are exceptions to the doctrine of separate legal entity. This allows the court to pierce the veil of incorporation and look to the
1 2 3 4
Walter Woon on Company Law, para. 4.50 Walter Woon on Company Law, para. 8.15 Walter Woon on Company Law, para. 7.116 Walter Woon on
Company Law, para 2.70
controllers of the company. WFJ is able to raise the following several arguments to
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The Issue of Accounting Entity Definition in Regards to...
The UK public sector has been transformed over the past few decades. In an increasingly global economy, the main lever by which central governments
can influence the success of the domestic economy is by ensuring its public sector operates efficiently. The central governments of the developed
economies have adopted similar change agendas to transform their public sectors. These change agendas entail the introduction of new structures, new
kinds of organizations and a 'reinvention' of many parts of the public sector. The intention of successive governments has been the creation of a 'New
Public Sector', which is more strategic and corporate in its thinking. This 'New Public Sector' is intended to replace a public sector characterized by ...
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Despite of that definition, the creation of an accounting entity is also a political process with potentially huge implications. Kurunmäki states that the
boundaries which describe an organization as an economic unit separate from other units are not as clear–cut, natural or fixed as the accounting entity
assumption implies . To which extent does NOMS now fulfill the above described requirements? What are the issues involved in the representation of
NOMS as an accounting entity? By defining NOMS as an accounting entity, the financial controls involved seek to limit accountability to the very
institution which is fair to say and in line with the so–called market–based New Public Sector reforms (Arnold, 1991). As a consequence, NOMS has to
face the challenge to act within a managerial, instead of an administrative culture. When looking for example at healthcare reforms throughout Western
Europe during the late 1970s and 1980, we find out that before introducing those reforms and seeing hospitals as accounting entities, several problems
occurred: Poor management followed by arm's length management, with organizational actions guided by practices rooted in a rationality that
privileged "professional" or "clan" over "bureaucratic" or "managerial" forms of control (Kurunmäki, 1999). These associated problems could be
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Example Of Sqwidnet Network
For being South Africa's fast growing loT network– SqwidNet
Launched in 2016 as a licensed Sigfox operator in South Africa, SqwidNet network offers low–cost access to Internet of Things (loT) solutions and
operators in South Africa, creating opportunities for businesses to create innovative solutions. SqwidNet's Sigfox network enables low–cost,
low–power, and secure connectivity for IoT data transmission upon which IoT devices, platforms, applications, and solutions can be developed.
The company's common stock is 100% owned by DFA, the premier open–access fibre company. The SqwidNet network gives nationwide coverage for
IoT, allowing millions of sensors and devices to send small packets of data for analysis, immediate action, and record ... Show more content on
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That is where Outsourced CFO comes in with the business expertise of a passionate Chief Financial Officer, or CFO, tailored to one's strategy and
budget.
Outsourced CFO provides integrity and professional excellence in financial consulting for ambitious SME's. Succeeding through uncompromising
quality and industry thought leadership, the company aims to help clients rethink, automate and scale their companies in the pursuit of business
prominence.
As entrepreneurs themselves, Outsourced CFO understands the important role finances play in the success of a business. Sound financial planning and
management enables businesses to grow and flourish, while the lack of adequate planning could spell inevitable failure.
The CFOs have helped many emerging companies realise triple digit growth rates and have helped raise millions in seed and growth finance for
SMEs. Outsourced CFO offers its services in three packages, Performance (8 hours per month), Growth (16 hours per month) and Eminence (32 hours
per month).
In 2017, the company announced the launch of its latest eBook, What Your CFO Needs to Know aboutOutsourcing Software Development. The guide
features exclusive information from its president, Andy
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The Organization Of Topshop And Successful Company
Kim Naysmith
Marketing Report
Topshop
2014
EC1400614
Contents Page
Introduction....................................................................................3
Micro Environment............................................................................4
Macro Environment.........................................................................5/6/7
SWOT Analysis..............................................................................8/9/10
The Marketing Mix...........................................................................11/12
Bibliography...................................................................................13
Introduction
The following report will be focusing on the organisation of Topshop– a well–known and successful company since they first started their journey back
in 1964. Since then, they have industrialised over 300 stores in the UK, whilst shipping to 100 countries making their diverse British style known
worldwide. ... Show more content on Helpwriting.net ...
For example, if River Island were to expand their business, this would be a threat to Topshop and would force them to expand further or change their
ideas.
Consumers
Consumers have the ability to change the companies verdicts and ideas, as the customers are the vital aspect to sales. Topshop have to continuously
research the customers' desires and progress their products to best suit their needs throughout the future. Topshops organisation have to monitor five
different key markets to adapt their products and services for the consumers. Topshop have to study: Consumer markets, resellers, corporate markets,
administration markets and worldwide markets. As the consumers' needs and wants are changing endlessly, the demand for Topshops research and
knowledge have to be an on–going process.
Suppliers
Topshops performance is evidently heavily impacted by the actions of the suppliers, whether this is a strength or weakness for the company. The
organisation has to repeatedly monitor the actions of the suppliers, thus will enable them to be prepared for any surprises coming their way. Topshops
suppliers have an effect on their actions as, for example, if the supplier delivers a reduced facility to the company, the delivery to the stores would be
increased and the product quality could be decreased. Topshop have to ensure a strong relationship bond with the suppliers to enable a successful and
more trustworthy service in which the company have.
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The Concept Of Corporate Social Responsibility
The concept of corporate social responsibility (CSR) has been developed for decades and it has been conceptualized in a number of ways. The
business only can get success if there is interaction between all stakeholders in the company. The business organization of any form whether it is
small or large, are seen as a creation of society and their survival is only dependent on the society. Socially responsible firms view CSR as a source
of competitive advantage by attracting a higher quality and quantity of job applicants (Fombrun and Shanley 1990; turban and greening 1996). CSR
can be defined as that strategy which manages the business processes to produce an overall positive impact on society. CSR is a concept in which the
company decides how to interact with its stakeholders on a voluntary basis involving social as well as environmental concern. According to kotler and
lee (2005) CSR is " an obligation undertaken in order to improve the welfare of the society through on demand business application and contribution of
corporate resources" Management, innovation and trends seem to come and go like fashion. Ideas and practices are adopted and discarded, change,
mutate and re–form in an ongoing process of exchange among stakeholders. (McManus, 2008, p.1068) CSR helps in rapid development of the country
so; it has 5 principles like accountability, ethical behavior, transparency, shareholders and rule of law. Accountability talks about the
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Pestle Analysis Of Cadburys
1.1 INTRODUCTION TO THE ORGANIZATION
1.1CADBURY DAIRY MILK: COMPANY BACKGROUND
Cadbury is a formerly British multinational confectionary company wholly owned by Mondelaz International. It's the second largest confectionary
brand in the world. After Wrigley's. its operates in more than 50 countries worldwide. It famous for its Dairy milk chocolate.
Cadbury Dairy Milk is a brand of Milk chocolate manufactured by Cadbury. It was introduced in the United Kingdom in 1905 and now consists of a
number of products. Every product in the Dairy Milk line is made with Exclusively milk chocolate. In 2014, Dairy Milk was ranked the best selling
chocolate bar in the UK. It is manufactured and distributed by the Hershey Company in the U.S. under the license from Cadbury.
Name: Cadbury UK limited
Type: Subsidiary
Founded : Birminham United Kingdom in 1824
Founder : John Cadbury
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High Employee Turnover High employee turnover can also be a result of poor HR planning.5.Give Them A Proper On boarding 6. Give Constant
Recognition 3HUMAN RESOURCESunderstanding customer expectations and employee behaviors that will help meet those expectationsEmployee
dissatisfaction will lead to High turnover which will make issues on the overall process of the organization7. Offer Personal Growth Opportunities
4Use Reverse Mentoring junior employees to share perspectives with senior leaders, drawing on the importance of culture, environment, and
team–building
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The Importance of International Business and Exporting for...
TABLE OF CONTENTS
ACKNOWLEDGEMENT....................................................................2
ABSTRACT....................................................................................3
Chapter 1: INTRODUCTION ................................................7–11
1.1 PROPOSED TITLE
1.2 INTRODUCTION
1.3 RATIONALE FOR CHOSEN TOPIC
1.3.1 The Importance of International Business
1.3.2 Competing on an International Level
1.4 AIM AND OBJECTIVES OF RESEARCH
Chapter 2: LITERATURE REVIEW.......................................12
–25
2.1 CLASSIFICATION OF DIFFERENTMARKETING LEVELS
2.1.1 Domestic/Home Marketing
2.1.2 International Marketing
2.1.3 Global Marketing
2.2 DIFFERENCES BETWEEN INTERNATIONAL AND DOMESTIC MARKETS
2.3 COMPARISON AND COMPLEXITIES OF THESE LEVELS
2.4 ENTERING A FOREIGN MARKET
2.5 CHALLENGES IN ENTERING A ... Show more content on Helpwriting.net ...
For the purpose of struggling against some additional difficulties when going internationally, companies have to consider of the importance of
international business and being awareness of implementing an effective strategy on an international level .
1.3.1 The Importance of International Business
International business is a process which its all activities are carried out under the control of government. It involves two or more countries. To
understand the importance of going internationally, it would be good to find out the answer of this question; "why is international business important
especially for domestic companies?" The simplest answer is that international business has a huge and growing share of the business in the world.
Today, many companies all around the world, large or small, are influenced by global issues and competition for the reason of a large number of them
sell their products to and/or suppliers from foreign countries secretly and/or stay Д±n the competition against products and services which come from
other markets.
International business is a kind of opportunity for the countries and the consumers to be exposed to these services and goods which are hard to find in
their own region. Clothes, food, jewellery, stocks, wines, spare parts and the similar products are always ready to use all the time in international
markets. Providing a service is also done with some ways such as; banking, consulting and transportation, and
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International Industry Analysis Porter 's Five Forces
2.3 Inter–Industry Analysis – Porter's Five Forces
The Strategic fit approach to management, describes that the prospect of profitability depends largely on the firm positioning itself in an "attractive
industry" the attractiveness and therefore profitability is said to depend upon how competitive the industry is, "a highly competitive industry is less
attractive and less profitable than an industry where the competition is less intense." (www.netmba.com) According to Porter's Five Forces Framework
"attractiveness and profitability depends upon five elements of industry structure and how they interact determining the intensity of the competition
within the industry" (Michael Porter, Competitive Strategy: Techniques for analysing industries and competitors). Included in this chapter is an
explanation of the Five Forces and how they each affect Eurocity.
2.3.1 Rivalry amongst existing firms
Porter described that intense industrial rivalry can lead to higher costs; lower prices and therefore lower profitability. As there are a large number of
competitors with little ability to differentiate their product, the market can be seen as very competitive and therefore unattractive. However, there are
some compensating factors; such as, an applicant must give his permission to companies who wish to submit their CV and in return the applicant has
to confirm that no other company will submit them for the position. This means that applicants should not be submitted by numerous
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Costco Wholesale Corporation And Macy's, Inc.
Introduction
As a junior at San Jose State University, I have a little over a year to figure out plans for my future career before my educational career comes to an
end. Being a student of accounting, there is an overwhelmingly large variety of companies at which I could work. This paper will allow me to narrow
down these companies by place importance on my own preferences for a company. This will be done by analyzing and evaluating two firms relevant to
my degree. Based on criteria I have selected, including–but not limited to–company size and geographic features, culture and values, company
successes, employee benefits, and social responsibility, as well as a situational analysis of current external and internal trends, I will focus my research
on Costco Wholesale Corporation and Macy's, Inc..
After researching the backgrounds and company profiles of Costco Wholesale and Macy's, I learned about their current products and services as well
as an analysis of their strengths, weaknesses, threats, and opportunities. I utilized resources that included each company's corporate websites,
company profiles and SWOT analyses from electronic databases, and other reputable online sources. This information, which will be synthesized
within the rest of this paper, has better allowed me to make a decision over which company is right for me. Between the two companies, I have found
that ???? meets my needs more so than ??? as an ideal workplace. However, neither of the companies meet a
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Strategic Thinking
Introduction:
This case study analyses NZ Sock, a company that has a history from 1887 to current date in the clothing industry. Over the years NZ Sock has
introduced different types of products in the industry such as rugby and high school socks. Recently the company decided to venture into the
well–being industry with the new production of Merino/Seaweed socks. This strategy has placed the company as a contender to become a leader in the
well–being industry. Since the introduction of the company, it has had 4 generation of a family and different styles ofmanagement. The case study looks
at different aspects of the company such as conducting a SWOT analysis, its current position of the market and its strategy to ensure its survival. ...
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The company realizes the potential of the market and therefore have chosen to pursue it.
SWOT ANALYSIS
Strengths
* The company's new product is a unique one that has growing popularity in the wellbeing and health market. This is strength as it is causing the
company to grow and expand. The company is also the only producer of the product giving it a competitive advantage. * The organization has also
created a reputation for itself as it has been in the industry for 4 generation. The company carries a high amount of experience in the industry and
can be considered a key player for over 100 years. The experience gained shows that the company has sound knowledge of the industry and how to
operate effectively. * The strategic alliance with other organizations such as the one in Poland gives the company an advantage. The company has
new trading partners who they can conduct business with. This also expands their networking with other organizations as they can attain good
contacts. * The company has a good production system in place. The production line runs in various countries including Britain and Korea as they
are chosen to be the best location for different stages of production (Dale et al, 2008). They are able to decrease the costs in product by working
together in the production line. For example the first stage of production is in Poland and the finishing part is in NZ.
Weakness
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Cadbury As A Company Of The Age Of Management
Cadbury
During class we discussed Cadburys approach on Corporate Social Responsibility (CSR). Visser,W., Hollender, J.(2011) describe "Cadbury as a
prototypical company of the Age of Management". For a long time, Cadbury derived is motivation to be involved in CSR from its founder John Cadbury
. He as a fellow of the Quakers was convinced that doing business should aim to solve social issues. His philosophy became part of Cadbury and
formed the base for their applied business ethics. Their engagements impacted the business environment of the company. The former chief executive
Todd Stitzer is cited by Visser,W., Hollender, J.(2011) in 2008 explaining his high personal identification with the company and their corporate spirit
"I spent 27 years of my life at this company. I absolutely love what it stands for and what it has done . . . the whole idea that 'doing good is good for
business".
In 2010 Cadbury was sold to the multinational food corporation which merged with Heinz later on and is now operating under the name Mondelez.
The takeover for $21,8 billion finally ending an area of the Quaker ideology in the company. Mondelez is a multinational cooperation with a net
revenue of approximately $30 billion in 2015 (Mondelez, 2016). In their fact sheet of 2016 the company explains further "About 85 percent of our
annual revenue is generated in fast–growing snacks categories, and nearly 75 percent of our sales come from outside of North America". Shareholders
are interested
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Importance And Importance Of Accounting
3. Summarizing
Another of Accounting's main feature is summarizing. Summarizing is the art of showing business results in a summarized form. Thereafter it can be
used for all the interested parties. This feature gives insight into the financial statement of business. One of the summarized accounts is a Trading and
profit and loss account while the other is a Balance Sheet.
4. Analyzing
The figures that are in financial statements are difficult to be understood by laymen except they are presented in a simplified form. Therefore part of
the feature of accounting is the analysis of information in order to present them in a simplified format which is comprehensible by stakeholders.
5. Interpreting
Interpretation is an important feature in accounting. ... Show more content on Helpwriting.net ...
Accounting helps in making available suitable information with an aim of safeguarding the interest of the business and its proprietors and others
connected with it.
2.Accounting helps to emphasize on the ascertainment and exhibition of profits earned or losses incurred in the business.
3.Accounting helps to ascertain the financial position of the business as a whole.
4.Accounting helps to ensure accounts are prepared according to some accepted accounting concepts and conventions.
5.Accounting helps to provide users with factual and interpretive information about transactions and other events which are useful for predicting,
comparing and evaluation the enterprise's earning power.
6.Accounting helps in complying with certain legal formalities like filing of income tax and sales–tax returns.
7.Accounting helps to facilitate comparative study of current year's profit, sales, expenses etc., with those of the previous years which is useful for
trend analysis.
8.It supplies information to investors and company stakeholders which is useful in judging the management's ability to utilise enterprise resources
effectively in achieving primary enterprise
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Financial Data Of Theu.k London Stock Exchange
Financial Accounting 2 Assignment
Student ID: 26385554
Student ID: 26200953
Student ID: 26229749
Student ID: 26359499
Student ID: 26161044
Date: 27/11/2014
Word Count: 2937
The purpose of this report is analysing and comparing financial data of five companies in one industry sector, which are listed in the U.K London Stock
Exchange (LSE). By doing these, the business models employed are identified and evaluated, which consequently implies that the report is reinforcing
our current knowledge in accounting and in the current market. Moreover this report is assessing how could a potential investor invest 50 million
pounds among these five companies.
The companies that got selected are listed in the Constructions and ... Show more content on Helpwriting.net ...
However "the constructor sector has been affected disproportionately since the recession of 2008" and the gross value added (GVA) of the sector has
been reduced from 8.9% in 2007 to 6.8% in 2011. Despite the recession in 2012, which was the third in five years, U.K's construction sector is still
one of the largest in Europe measured by employment, number of enterprises and gross value added (UK CONSTRUCTION: An economic analysis
of the sector, 2013).
Hightex Group Plc.
Starting with Hightex Group Plc., it is one of the top companies for construction and material. They are involved with projects such as building roofs
for world cup stadiums, with the most recent being the one in Brazil in 2014, where the roof was house for the final game of the tournament. Although
the company has been involved in big projects, the statement of comprehensive income shows a total loss of ВЈ1.4M (Hightex, 2013).
According to the Annual Report, the company is suffering losses because of its joint–venture project with Brazilian Companies, especially dealing with
the uncertainties revolving around trade receivables, resulting in the creation of a provision for it in the expenses, leading to bigger losses. The
directors believe that sales will increase significantly in the next two years, and will restore the company to profitability. This will be achieved with
new contracts commencing with prospective
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Assessment of Santander Consumer Finance's Approach to Its...
Assessment of Santander Consumer Finance's approach to its international strategy In this report I provide a critical assessment of Santander Consumer
Finance's (SCF) approach to its international strategy. In the first part, I analyse SCF's external environment by highlighting its history and business
model and also by applying Porter's five forces model. I follow by analysing SCF's internal environment focusing on its structure and applying the
resource based view model. I finish with a critical assessment of SCF's strategy. In the second part, I evaluate SCF's managerial implications by
highlighting its strengths, weaknesses and potential solutions. Finally, I present some recommendations for SCF's future strategy. I.... Show more
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In this situation where the manufacturers are neck to neck in competition, the indirect sale method of SCF grasps what is left. It also manages to
take a healthy share in the markets for used cars. The bargaining power of the suppliers is limited to the type of deal they have with the dealers; it can
either be a baseline interest deal or the interest rate may vary. Automobiles manufacturers have different criteria as they can manage to keep the interest
rates lower than the ones set by SCF. The bargaining power of customers is slightly greater than that of the suppliers. The number of suppliers in the
market is large and the consumer has the luxury of choosing from a variety of auto–financing deals. The market has thus transformed into one of the
most important ones especially after the recent credit Crunch. Interest was cut down to as low as 1% in some cases to boost sales. Overall, using the
five forces from Porter's analysis, it can be concluded that the consumer finance market in Europe and America (where Santander majorly operates) is
pretty competitive especially because of the fact that manufacturing units
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Corporate Social Responsibility : Marks & Spencer
Corporate social responsibility, also known as CSR, is one of the most important topics in the corporate world. If a company is not public about its CSR
mission or report, it could make consumers think that they do not care about them, their community or their environment. If a company does not
demonstrate that have a positive view on CSR, then they could end up losing profitability because consumers will not want to support them, which
could cause the company to close. These closings could be caused by multiple things, including competition from other companies that show they have
strong understanding of corporate social responsibility. Marks & Spencer, also known as M&S, was established in 1884 as a local store in the UK.
"As it grew, staying close to the community was important to its founders and by the 1930s the name Marks & Spencer was synonymous with trust,
quality, and significantly as an employer who looked after its employees, going beyond the minimum standards for wages, benefits and care"
(Richardson, 2015). For years, Marks & Spencer were known for taking care of their employees, customers, and community but as times changed in
the world, corporate America changed along with it. "There comes a time when other competitors copy and look for advantage, and this was the case
for M&S as other UK retailers assumed the leadership of the sector it once regarded as its own natural territory" (Richardson, 2015). It became
increasingly important for M&S to do
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Judith Beveridge Speech Essay
Judith Beveridge is a poet of great detail. Her poems are written with strong use of language. Strong imagery of her observations and contrasts of her
views help create her poems meaning and effect on the reader. Beveridge's texts are valuable to the understanding of human and nature's precious life,
and her appreciation for life in all. Through her two poems 'the domesticity of Giraffes' and 'the streets of Chippendale' these both communicate her
ideas and values the strongest.
One of Beveridge's strongest values is of life, in 'the domesticity of giraffes' this is displayed from the first sentence of the second stanza. 'I think of
her graceful on her plain' Beveridge puts herself into the poem, her thoughts of the giraffe in her natural ... Show more content on Helpwriting.net ...
Life in Chippendale is rough, alcoholic and sad. Beveridge uses juxtaposition to contrast the names of the streets with what they sound to be.
'Abercrombie sounds like the eccentric unmarried third cousin' 'but Abercrombie's different'. Beveridge personifies the street as though it is a
grumbling, alcoholic, causing trouble and disturbance. There is so much violence, as though men are fighting in their drunken confident state to up
their lacking self esteem. 'Sad daughter of the ruined slipper' violence sexual abuse nothing of what is accepted in society. The community of
Chippendale has no value anymore, no society morals exist. Life is not valued or precious, there seem to be no happy memories to ever come from
this place ' streets go to wall like families' ' ivy vine rose and myrtle not one of your descendants mourns your loss' the people of Chippendale don't
want to remember this place at all. Though above the grime and run down nature, 'Thomas and Edward have climbed to new heights, incomes and
renovations, things are slightly looking up in one small part of town.
The streets of Chippendale are very male dominated. Beveridge particularly portrays this with certain lines, images in our minds from the words beer
mates drunks and work boot bruises come together to create the image of a man after work, in his late night
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What Is Cadbury A Big Business
Introduction
The person, who created the Cadbury business, is John Cadbury in 1824. The business started as a shop in a fashionable place in Birmingham. It sold
things such as tea and coffee, mustard and a new sideline – cocoa and drinking chocolate, which John Cadbury prepared himself using a mortar and
pestle. In 1847 the Cadbury business became a partnership. This is because John Cadbury took his brother, which also made it a family business. The
business was now known as The Cadbury Brothers. A factory in Birmingham was rented, to produce their products. In 1854 the company received its
first Royal Warrant as 'manufacturers of cocoa and chocolate to Queen Victoria '. In 1856 John Cadbury 's son Richard joined the company, followed...
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This gives opportunities to competitors to get information about Cadbury. For example if Cadbury makes a loss, investors (competitors) will know
about it and use it to their advantage.
ВЁIt 's a complicated business. Cadbury is a large business it has many different departments for different jobs, all these departments have to work
together. Information passes between departments can be confusing.
ВЁCadbury has many assets, which contain many capitals, which are very costly to use.
ВЁSince Cadbury is a large business, formatting and running, its costs can be expensive
ВЁSince Cadbury is a plc, Heavy penalties are imposed if "rules" are broken.
Objectives
Public limited companies like Cadbury will have objectives such as: v Maximise profit v To be the number one product in a given market v To
maximise sales v To grow v To operate in a wide range of markets v To give satisfaction to customers v Have a good reputation v To provide the
freedom for workers to express them selves and suggest ideas to help the business v Achieve best possible financial return on capital v Boost or
maintain share market values
These objectives will ensure Cadburys success as a business. From the statistics I have, it shows that Cadbury is a very successful business.
Statistics from 1994 to 1998.
The statistics from the financial overview show the finance has just been increasing positively.
They have satisfied
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P5 Unit 33
P5: Explain the competitive pressures on selected, contrasting business organisations to develop their use of e–business
Introduction
In this PowerPoint I will prepare a set of presentation slides for Next that explains the competitive pressures they have faced to develop their use of E–
Business. I will then compare this to another organisation which will be Currys.
Next PLC was founded by Joseph Hepworth in Leeds in 1864 as a tailor under the name of Joseph Hepworth & Son. The retail chain was launched in
February 1982.
Currys is a British electrical retailer operating in the UK and Ireland and is owned by
Dixons Carphone. It specialises in selling home electronics and household appliances, with 295 superstores and 73 high street ... Show more content on
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This will help the customer decide whether or not they wish to purchase the product.
Delivery tracking/next day
Next and River Island offer their customers a free next day delivery if they order before a certain time. Next has seen the promotion that River Island
has going and they responded to this by giving their customers a longer time period to shop but offering them the same deal as River Island. Next also
allows their customers to order by Midnight and have their product delivered to their local store the next day for them to collect. This has put
Next ahead of River Island as River Island does not offer their customers the same deal. They also allow their customers to track their delivery so that
they know what time to be expecting their delivery.
Targeting customers
Currys competitor is Argos and both of these business target their customers in the same way. Currys and Argos target their customers online for
example offering their customers deals on items that they know they are interested in. Currys responds to the deals that Argos has by offering their
customers better deals on similar products that Argos is offering their customers. They also use social media to target their customers for example via
Twitter, Facebook and Instagram.
Recruitment
Currys and Argos use the internet to get more people to work for their company. Currys can advertise their job vacancies through social media websites
like
Facebook
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Diversification And Diversification Into The New Markets...
Diversification is entering the new markets with new products and different from those in which the firm is currently engaged in. It is helpful to divide
diversification into 'related' diversification and 'unrelated' diversification. Related diversification is when a business adds or expands its existing
product markets. The company starts manufacturing a new product or through new market related to its business activity. For example, a phone
company that adds or expands its wireless products or services by purchasing another wireless company is engaging in related diversification. Under
related diversification, companies want to make easier the consumption of its products by producing complementing goods or offering complementing
services. In a related diversification the resulting combined business should able to improve return on investment (ROI) because of increased revenues,
decrease costs and reduced investment.
1.2 Examples
a)Brand name
One commonly found resource that is exportable is a strong established brand name like Coca–Cola, Microsoft, Pepsi, BMW and others. For example,
Coca–Cola spent $4.1 billion to acquire Glaceau, includes its health drink brand Vitaminwater in 2007.
b)Marketing skills
Usually a firm will lack a strong skill in marketing for a particular market. The frequent motive to diversify is to export or import a marketing talent.
For these cases, Coca–Cola's marketing skills are used to be to bring the plight of polar bears closer to
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Select A Non Uk Company And Obtain Its Latest Annual...
College Number
(Bottom Left of College Card)100744209
Year:3
Course CodeMN3045
Course Tutor:Prof Jane Davison
Assignment No.:1
Degree Title:Management with Accounting
Question No. & Title:Select a non–UK company and obtain its latest annual financial reporting documents. Introduction
Company's annual financial reporting is an important tool to translate and transfer information of organization's financial performance to shareholders
and users. This report will choose Volkswagen AG's 2014 annual financial reporting as the example to examine how the company to show its
accounting works.
In this report, it firstly will attempts to examine the external and culture influences on the annual financial reporting. After that, the ... Show more
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These differences dimensions of culture have complex impacts the behavior of accountants such as preparers, auditors, regulation–makers, and as well
as on the accounting practices users (Gray, 1988). For examples in the Table 1, it outlines some effects of culture on accounting andfinancial statements.
Cultures Effects on accounting behaviors
High uncertainty avoidance and low individualism.Conservative measurement of income, limit disclosure.
Uncertainty avoidance decreased.Transparency increased.
Table 1.
However, it is difficult to find out specific evidences on the effects of culture on the company's financial reporting within a large international firm due
to some limitations. Firstly, the cultural data is not reliable in an accounting context (Nobes and Parker, 2012). For example, UK and Germany use
different legal and accounting systems despite both of them are European countries. German companies are in operating under their own laws and
policies. Secondly, compared with the measurement of direct relevant elements of the external environment of accounting such as legal systems or
equity markets, the measurements of cultural influences within a company accounting system are vague and indirect (Nobes and parker, 2012).
Culture measurement is complex, Hofstede's theory doesn't consider about the people which come from other countries and minority population that
may have different cultural attributes
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Corporations Law
1.0 Areas of law
Corporate social responsibility (CSR) has long been a touchy issue for governments not just in Australia, but around the world as well. Companies in
Australia are governed by the corporation's act, which outlines the legal capacity and power of a company. The Corporations Act 2001 (Cth) s 57A1,
defines a corporation as a separate legal entity, that includes any corporate body and unincorporated bodies that may sue, be sued or hold property in
the name of an office holder appointed for that purpose. In context of corporate governance, the main issue is with the current legislation is in regards
to director's duties. Under the Corporations Act 2001 (Cth) s1802, directors have a civil obligation to act with due care and ... Show more content on
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Also, the Australian government may introduce a rule that requires registered companies to participate in a policy in which each company need to
design a Corporate Social Responsibility Committee that will observe every activity conducted and how will it impact those other than the
shareholders, specifically the employees, suppliers, customers and also the environment. The company would then have to participate in a policy in
which it is required to be publicized on its own website. Although it may be contradicting to the directors' best interest for the company, by spending an
amount on volunteering programs, such as the hunger project to help extinguish famine in poor countries, it also helps the company to build a better
image that in turn, could be advantageous to the directors.
4.0 Issues of importance
The push for company reporting to include CSR related information in annual reports is of utmost importance, given the prominence of corporate
influence in today's society. The recommendation to implement triple bottom line reporting would increase the extent to which companies are taking
responsibility for the consequences of their actions, in relation to corporate activities that touch on environmental or other issues of community
concern13
The implementation of the policy requiring companies to establish a corporate Social Responsibility Committee are
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An Evaluation Of A Uk Public Limited Manufacturing Company
Introduction
This report is an evaluation provided to a finance director of a UK public limited manufacturing company, whose subsidiaries are around the world.
The company's stock is trading on the London Stock Exchange. The report is going to provide some information about working capital management
(WCM).
It is commonly known that working capital investment has become a large proportion in a firm's balance sheet. According to Bank of Belgium, the
proportion of accounts receivable, payment and inventory were respectively 17%, 13% and 10% of total assets of all Belgian nonfinancial firms in
1997 (Deloof, 2003). There is a similar situation in Spanish firms: there is 69% current assets of total assets and 52% current liabilities of the ... Show
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On the other hand, firms may lose the early payment discount offered by its suppliers, which may result in more finance costs (Wong, 2002).
Trade receivable: Trade receivable may boost sales because it allows customers to access product's quality before paying. The flip side of trade
receivable is that capital would be locked in working capital, as a result the company's financial department may face cash flow and liquidity problems
(Jose, Lancaster and Stevens, 1996; Lazaridis and Tryfonidis, 2006).
Inventory: A larger inventory reduces the risk of stock–out and it is also a vehicle to increase sales. The negative side of inventory is the same as trade
receivable (Nazir and Afza, 2009; Deloof, 2003). Lazaridis and Tryfonidis (2006) states that an optimum level of inventory will have a direct effect
on profitability since it will release cash invested in working capital and could also respond to a high demand.
The measurement of WC
Cash conversion cycle (CCC) is a widely used WC measurement, which is the time lag between the raw material purchase and the collection of
finished goods. The CCC can be calculated as: The cash conversion cycle = Number of days accounts receivable + Number of days inventory –
Number of days accounts payable payments. In real business operations, CCC as whole and each parts of CCC could be used to measure the efficiency
of WCM (Deloof, 2003; GarcГa–Teruel and MartГnez–Solano, 2007; Lazaridis and Tryfonidis, 2006; Gill,
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A Brief Note On The Uk Multinational Company
phase–I
TechX groups is the UK multinational company. Its diversified business is mainly focused on electronics and entertainment sectors. It is ranked 13
among the 500 electronics' products manufacturer companies for a public sector consumers as well as professional market. Products includes smart
devices such as TVs, interactive program choice, 3D, HD, wireless internet access, smart tablets and applications, mobile devices, laptops etc. It
designs and builds products in UK, Italy, China ,USA andmarketing offices are situated in UK, USA, Sweden, Italy, India and Japan.
The technology we are using currently in our latest products, specially in TVs and tablets are 4K Ultra HD technology. 4K is the new evolution of
screen resolutions in ... Show more content on Helpwriting.net ...
The income was 0.45 billion pounds which is 10% less than the previous year. This deterioration in income was due to the lacking of technology
combination (4K + Internet of Things) in products. Market giants and most of the others medium size companies have introduced the "IoT".
Internet of things is basically composed of two terms Network and Things (any object like devices, machines, computers), so basically it's a concept
where all objects are provided with unique identifiers (e.g. NFC, RFID) and are capable of transferring data over the network mostly without human
interaction. It's mostly d2d (device to device) or m2m (machine to machine) interaction e.g. RFID Tags, NFC Tags at bus stops, contactless cards,
Oysters.
With the help IPv6 we will be able to connect almost every device possible because the one of the advantages of IPv6 is that it provides uses a 128–bit
address, allowing 2128, or approx. 3.4Г—1038 addresses.
With the help of this technology we can generate more and accurate information. Also, we can monitor sensitive information on brief intervals.
Furthermore, time and money can be saved as the tagging technology is cheap and as this requires very less or no human interaction hence it's quick
and saves time.
But as this technology is new it faces problem like security, safety. Also, there are problems like system complexity
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Advantages And Disadvantages Of Hosting Administrations
Cheap domain registration
A domain name alludes to the named address or distinguishing label given to a domain on the web. The domain name enables others to get to your
site effortlessly with a simple to recall address as opposed to utilizing a numeric IP address. Enrolling a domain name secures that particular web
address. Nobody else can utilize that specific space name on the web.
Some organizations offer singular domain name registration. This enables you to hold firm a domain name without obtaining hosting facilities. While
this will shield the domain name from being taken by another person, it won't enable you to have a site or use email administrations with your domain.
You can't mix up, the .us domain for something besides the United ... Show more content on Helpwriting.net ...
Most organizations are searching for ways to cut cost, particularly those with little and medium business. Choosing cheap site hosting administrations
can enable you to spare a great deal of cash. it provides clients with a sensible experience particularly for small scale websites that don't require a
considerable measure of space or data transfer capacity.
Most clients of inexpensive hosting plans are somewhat new to web facilitating; its ease of use would be leverage for the clients. As this arrangement
doesn't accompany a lot of elaborate highlights, it will be less demanding for new clients to explore around. It is likewise reasonable for the
individuals who have restricted information with respect to web hosting and it would be a decent beginning for them to start adapting more.
The disadvantages:
One usually identified disadvantage of choosing and using cheap web site hosting services is sharing of server space with other clients of the
provider. This could possibly jeopardize your own online site in the future especially if the companies or people you share server space with constantly
use email lists to send spam. Anti–spam programs might block your site too because you use the same
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Influence Of Uk Company Law, Takeover Regulation And...
Hansmann and Kraakman argue that, as a matter of norms, efficiency and fact, the world continues to converge around "the 'standard
shareholder–oriented model' of the business corporation." 

Henry Hansmann & Reinier Kraakman, 'The End of History for Corporate Law' 89 Georgetown LJ 439 (2001)
Critically assess this claim with reference to the influence of UK company law, takeover regulation and corporate governance on policy making in the
EU and internationally.
Introduction
The corporate governance debate has been a global phenomenon, attributed to the increasing deregulation of worldwide capital markets and the
expansion of the shareholder class . Such changes have increased awareness of the importance of corporate governance practices, ... Show more content
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This essay will then consider that convergence towards a single model is unlikely due to path dependence and cultural differences between countries.
Nevertheless, pressures should result in convergence towards a hybrid model in the near future. This essay will conclude that lack of complete
convergence may not be a negative, given the various problems associated with the SM.
The shareholder–oriented model
Hansmann and Kraakman implicitly assume that the SM is identical across the US and UK, ignoring several differences. The historical origins and
balance of responsibilities of both systems are distinct , with the UK taking a principles–based approach and the US taking a rules–based method .
Nevertheless, both systems take the broad approach that shareholders ought to have complete control over the company, with managers managing for
shareholders' benefit and minority shareholders being protected . This model is characterised by the power of the General Meeting , inclusion of
non–executive directors on the Board , move towards greater financial transparency and independent audit committees .
Drivers towards convergence
Hansmann and Kraakman's arguments were based on three claims: the ideological claim, efficiency claim and the factual claim . Yet, these failed to
consider changing global circumstances and other nuances.
Efficiency claim
It was claimed
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Analysis Of The Article ' The On Liquidation Of Sahaviriya...
The article is centred around the liquidation of Sahaviriya Steel Industries' UK subsidiary, which may threaten a total of 2200 jobs. With the
government refusing to offer financial support to the loss–making steel plant, it is important to find out whether or not this case is part of a larger
macroeconomic issue threatening the United Kingdom and what the best course of action to take is. The plant's shutdown is characterized by "the
soaring price of the pound against other currencies, which made its exports expensive" as well as low business confidence, generated from UK's
failure to compete with China's "low–cost imports". Thus, UK's high exchange rate and low business confidence will result in a decrease in exports
and investment, leading to falling aggregate demand – UK's total demand for its output at a range of price levels in a specific period of time from all
consumers, domestic or foreign. From the diagram above, we see a leftward shift in aggregate demand from AD to AD1, leading to a fall in the
overall price level from P0 to P1 and a fall in national output from Y0 to Y1. To produce at this lower level of output, fewer factors of production
including labour are needed, leading to an increase in the level of unemployment in UK. This article's situation is one proof of the many job slashes that
are to come. The next important step is to determine whether this unemployment is cyclical and due to the periodic nature of the business cycle or
structural, meaning
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Biography Of Edward Christopher Sheeran Born
Edward Christopher Sheeran born in 17 February 1991. Ed is an English singer–
songwriter and musician. Born in Hebden Bridge, West Yorkshire and raised in
Framlingham, Suffolk, he moved to London in 2008 to pursue a musical career. In
early 2011, Sheeran released an independent extended play, No. 5 Collaborations
Project, which caught the attention of both Elton John and Jamie Foxx. He then
signed to Asylum Records. His debut album, +, containing the singles "The A
Team" and "Lego House", was certified 6Г— Platinum in the UK. In 2012, Sheeran
won two Brit Awards for Best British Male Solo Artist and British Breakthrough Act.
"The A Team" won the Ivor Novello Award for Best Song Musically and Lyrically. In
2014, he was nominated for Best New Artist at the 56th Annual Grammy Awards.
Sheeran 's popularity abroad began in 2012. In the US he made a guest
appearance on Taylor Swift 's fourth studio album, Red, and wrote songs for One
Direction. "The A Team" was nominated for Song of the Year at the 2013 Grammy
Awards and he performed the song in duet with Elton John during the ceremony.
He spent much of 2013 touring North America as the opening act for Swift 's The
Red Tour. In autumn 2013, Sheeran performed three sold out shows at New York 's
Madison Square Garden as a headline act. His second studio album x (read as
"multiply") was released worldwide on 23 June 2014, charting at number one in the
UK Albums Chart and the US Billboard 200. In
... Get more on HelpWriting.net ...
Why Some UK Companies are Reluctant to Invest in Training...
Explain why some UK companies are reluctant to invest in training and development. Do you consider these reasons to be valid?
The rapid development of technology and in other areas have led companies' ability to replicate products more easily, and the rapidly expansion of the
service sector has led the nature of consumers to demand high quality at the lowest prices. Both of these highlight the importance of gaining the
competitive advantage through the labour force. A method through which a company could obtain this edge, is through training anddevelopment of their
various skills. Its implementation and management concerns many concepts, esoteric and thus hard to emulate. Training and development can have
many benefits ... Show more content on Helpwriting.net ...
Training was also seen to enhance job motivation under certain conditions: there was a practical use to the training and this had been clearly depicted to
them (Heyes, Stuart).
Alternatives to T&D are to poach employees from other rivals, or acquire employees through the expensive recruitment and selection process who has
the requisite skills required– premium must be paid.
The former is a large barrier to the T&D initiative as the benefits accrue to the company and the employee. The rival can potentially poach your trained
employees. This is known as the Prisoner's Dilemma, due to which many companies in the UK do not invest in human resource development (Sisson,
Storey). The use of temporary or outsourced employees will not only be harder to train as they may deemed unworthy of investment due to their
movement ability, they may be not able to provide the high quality service. Though companies outsourcing their call centres seem to be providing them
the necessary service. But these operators in India cannot replicate the highly customer orientated service that British call centres can provide i.e.
speaking to Yorkshire people in their own dialects– this would require training. Employees are going to become trained whether the initiative is taken
or not as with time they will gain tacit knowledge and they will pick things up 'by sitting next to Nellie' over time. This is very inefficient, and a focused
... Get more on HelpWriting.net ...
The Principles Of The Company Law, The Uk Cape Industries...
The Salomon principle dictates that if the company is established in accordance with the requirements of the Companies Act 2006, it starts to operate
as a separate legal entity. The corporate veil becomes the dividing line between this entity and its shareholders. However, it soon became obvious that
this concept can be easily abused, therefore Courts fought hard in order to establish exceptions to the Salomon principle in the form of lifting or
piercing the veil, allowing them to look behind the 'curtain' if they spot some irregularity. In order to justify these drastic measures, Courts would look
for something substantive, such as an agency relationship, fraud, avoidance of obligations, or group piercing grounds. In order to determine... Show
more content on Helpwriting.net ...
As described by Professor Gower, once the company is registered, the 'corporate veil' comes down between the existing company and the
shareholders, protecting them from any potential liability. Soon it became apparent that the companies could be easily abused and used for
improper purposes. As a response to these developments, Court would use the concepts of lifting and piercing of the veil in order to go behind
the veil and attach an appropriate liability to those who were behind it. Lifting of the veil was seen as the least drastic option, as the Court would
look behind to see if there is some impropriety, and put the veil down, still recognising the company as a separate legal entity. Whereas piercing
would involve tearing up the veil, completely disregarding company as a separate entity and looking at it as an agent for another. The process is
very ad hoc, and therefore based on the discretion of the Courts. In order to persuade the Court to look behind the corporate veil, the grounds must
be substantive. One of the established exceptions justified by the Court in order to lift the veil is when the evidence shows that the company is
being used as a device for avoidance of existing obligations. The good examples of this exception would be the cases of Guildford Motors v Home and
Jones v Lipman. In Jones v Lipman Russell J ordered specific performance
... Get more on HelpWriting.net ...

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Glanbia Achieves Efficiency

  • 1. Economic Efficiency Recent measures taken by the firm to achieve efficiency. (Distinguish carefully as between different economic notions of efficiency in your answer). Glanbia plc is an international dairy and nutritional ingredients group headquartered in Ireland. The company has 4,500 employees in seven countries and sales offices in a further five. International operations include food ingredients and nutritionals while Irish operations incorporate consumer foods and agribusiness and property. The group has three strategic joint ventures which are based in the UK, USA and Nigeria. The company has the early 2000's expanded its international based projects and acquired new sectors of the world market by mergers and acquisitions. Due to the economic ... Show more content on Helpwriting.net ... Arla foods ingredients has given itself the task os establish local production before 2013 in the united states. A good sign for glanbia for the near future is that Arla foods aren't looking to make a major move into the American market but merely get a foothold in the market for future expansion. For now the company feels it's European market can be expaned more in countries like France Norway and Germany. |No.1 |No.3 | |Denmark |Germany | |Sweden |Poland | |Finland | | |Holland | | [pic] Kerry group is a world leader in food ingredients and flavours serving the food and beverage industry and a leading supplier of added value brands and customer branded foods to Irish and UK markets. The group has organically and through a series of strategic acquisitions in its relatively short
  • 2. ... Get more on HelpWriting.net ...
  • 3. Rubberteech Case Outsourcing production of Fibertech's company needs to be delicately decided due to the potential resentment engendered in the United Kingdom's workers and customers. Even though most companies that outsource their production due to production costs being cut, that still does not always lead them into the clear due to the many other risks that are still at hand. For this business, in particular, I would advise FiberTech to expand thecompany's productions processes outside of the United Kingdom. This company has hit a key milestone in that we have expanded our market reach and are selling on a global scale. Though the board is suggesting to you, Niall that you should cease mitigating the cost of international delivery by producing FiberTech ... Show more content on Helpwriting.net ... Furthermore, depending on which location this company decides to produce in, we may be able to further reduce costs by paying for pieces produced. In addition, we would avoid any contact with unions reducing any additional problems like strikes, contract negotiations, and terminating poor performance workers that may affect our production time to customers. In addition, lowering labor, operating, and overhead costs though outsourcing would allow this company to potentially lower out price levels. And with our high demand, this can lead to an increase in sales and the ability to take market shares from our ... Get more on HelpWriting.net ...
  • 4. The Impact Of Cio On The Organization And Difficulties... ABSTRACT There is a drastic improvement in the IT industry from the past few years. CIO's responsibility is to concentrate on the matters that are very important for the development of their organization, also the business purchases and business savings. Today 's CIO faces a cluster of other tasks like competing with the improved technology and securing their data. They are given more responsibilities like budget cuttings and taking care of global downturns. Many CIO's these days are finding it difficult to maintain and balance their key roles as technicians and business person successfully. This paper explains briefly about the roles of CIO's, the responsibilities of CIO's in any organization, impact of CIO on the organization and difficulties faced by them. INTRODUCTION: According to Wikipedia, "CIO is considered as the senior executive in an organization who is held responsible for information technology and computer systems". They play a very significant role in organisation. The business problems faced by an organization are solved pretty quickly. The key role of CIO is to inculcate the knowledge on business value and to teach the co–workers about taking risks for the organization they are working for. As a person who heads an organization, he has to overcome all the drawbacks and bring the best results that boosts thecompany's production. These days CIO's are not only fulfilling the role of a senior executive member of the board but also are solving and ... Get more on HelpWriting.net ...
  • 5. Essay on Cadbury Schweppes' Strategic Dilemma of Trebor... Cadbury Schweppes' Strategic Dilemma of Trebor Bassett Cadbury Schweppes is a UK–based beverage and confectionary group founded in 1969 with the merger of two English groups (Cadbury and Schweppes). This family–managed group grew and flourished through the years. It became an international major player in the late 80s and was admired by its peers for such an ascent. In 1990 the group bought two little entities from the same business and merged them into a single unit: Trebor Bassett. The CEO of this unit soon became the CEO of the group (1993) and he then realized that the success of the past years was seriously in danger and that a real turn needed to be taken. John Sunderland (CS'CEO) and John Stake (Human Resources Director) ... Show more content on Helpwriting.net ... Cadbury Schweppes was a global force in chocolate and sugar confectionary, had plants in 25 countries and sold products in more than 170 countries. The company defended its position with many power brands, like Lion for instance. In 1996 the company had two major objectives: to grow internationally and to get bigger. For example, the confectionary branch's goal was to sell 1 million tons of consumption by the year 2000. However, although the company was globally admired for its performance and its management, its results were certainly not as good as believed. As evidence, the annual shareholder return was only 8.8% (Coca Cola offered to its shareholders a return of 32,8%). In addition the operating profit had decreased yearly since its peak in 1994, suffering for a fall of 16% between 1994 and 1996. 2. A control and management system ... Cadbury Schweppes had a complex control and management system, which we can define as a budget–driven decision making process and corporate control system: the budget had an essential place. Indeed, every day the yearly budget drove all the company's strategic and operating decisions. The "meet the numbers" culture was the one we could find in the company. Due to the preponderance of the budget, Cadbury Schweppes' top managers controlled over business units through extensive series of mechanism, symbolised by all ... Get more on HelpWriting.net ...
  • 6. High Tech Companies Like Arm Are Often Cited As Great... 6. High tech companies like ARM are often cited as great examples of UK success. What drawbacks does such an emphasis have? Although high technology manufacturing (and by extension high tech companies that operate in that sector) is a good way for the UK to improve its productivity (output per labour force) and its global competitiveness [6], too much emphasis on high tech companies present possible drawbacks. Firstly, there is a mismatch in skills required by the high tech industry and the actual skillsets of the UK labour force. Only 27.2% of the UK population aged 16 to 74 have a degree or equivalent or higher [2]. Taking cognizance of the fact that most high tech jobs require at least a degree, undue emphasis on that sector neglects the other 72.8% of the population. And this neglect has dire consequences. As evidenced by the recent UK referendum vote to leave the EU and the rise of the US presidential candidate Donald Trump, if a substantial part of the population feel left behind or disillusioned with the economy, it can lead to political unrest, and possible negative populist decisions that can hurt the general economy. Generally, businesses do not thrive under uncertainties. The political uncertainty brought about by the recent UK referendum was cited by business leaders as the top risk facing UK businesses [6]. These political risks negatively affect the general economy, in terms of both reductions in GDP growth and value of the UK pounds sterling. Another ... Get more on HelpWriting.net ...
  • 7. Analysis of Cadbury Schweppes Essay Analysis of Cadbury Schweppes TABLE OF CONTENTS 1.0 INTRODUCTIONВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…..3 1.1 DefinitionВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…...3 1.2 PurposeВ…...В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…...3 1.3 Sources of DataВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…..3 2.0 MISSION STATEMENTВ…В…В…В…В…В….В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…..4 2.1 Peter Drucker's QuestionsВ…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В….4 3.0 COMPANY 'SPEST ANALYSISВ…В…В…..В…...В…В…В…В…В…В…В…В…В…В…В…В…В…5 3.1 PoliticalВ…В…В….В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В….5 3.2 EconomicsВ…В…В…В…..В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В…В….В…..5 3.3 ... Show more content on Helpwriting.net ... 1.1 Definition An Information System collects, processes, stores, analyses and disseminates information for specific purpose. . Input . Processing . Output The right kind of Information System must be used in order to improve the company's performance and assure that they achieve their goals and priorities efficiently. 1.2 Purpose This report has been prepared for Dr. Uma Mohan. It discusses Cadbury Schweppes Mission Statement and Peter Drucker's Questions, the importance of the analyse of PEST and SWOT factors. Also the recommendation and importance of theManagement of Information System utilised inside Cadbury Schweppes in order to achieve their goals. 1.3 Sources of Data Information was obtained from a variety of sources. These sources include: textbook information, private and public websites. It was also utilised
  • 8. В‘Cadbury Schweppes: Our business principles' booklet as the primary resource for this report. 2.0 MISSION STATEMENT The Company's Mission Statement provides a clear framework of their strategic intent and how they do conduct their business: ‘‘Our Core Purpose is: working together to create brands people love'' CS believes that good ethics and good business go together naturally to produce the best longterm results for all their stakeholders. Ethical business sits at the heart of CS. They are committed to the highest standards of corporate governance and Social ... Get more on HelpWriting.net ...
  • 9. 3SCO Supporting Change Assignment Essay 3SCO – Supporting Change within Organisations Introduction to E.ON E.ON UK is a leading energy company and is amongst the big 6 energy suppliers. It was established in 2002 through the acquisition of Powergen and now has the second largest electricity generator in the UK and owns the second largest distribution network in the UK. E.ON UK employs over 10,800 staff and has 97 sites including customer contact centres, offices, wind farms, technology centres, training academies and power stations. E.ON UK is part of E.ON who is the world's largest investor–owned energy service provider, where its headquarters are based in Germany. E.ON UK has over 8 million customers and has a vision to be our customers' trusted energy partner. Why E.ON ... Show more content on Helpwriting.net ... How new members of the SLT are perceived by employees is vitally important in order to maintain engagement of staff and commitment to organisational goals. A further internal driver of change is a need to decrease costs and increase consistency and efficiency, which is the aim of the centralisation of some support functions from E.ON UK to Berlin where E.ON headquarters are based. This has resulted in a number of redundancies and the re–education of hiring managers across the UK business to understand the changes. Approaches to change A useful model when looking at different approaches to change is Tannenbaum and Schmidt's (1958, cited in Leatherbarrow et al, 2010, p414) Continuum of Leadership. This model explains a scale of various levels of delegated freedom and the subsequent effect on the employees. It details 'telling' where the manager decides and announces the decision, 'selling' where the manager decides and then sells the decision to the group, 'consulting' where the manager presents the problem and asks for suggestions before making a decision, and finally 'joining' where staff are involved in all stages of the decision making process. The model argues that 'joining' is the key to implementing change successfully as when employees are part of the change they are more likely to engage with it in a positive way. At E.ON the change ... Get more on HelpWriting.net ...
  • 10. Creative Self Efficacy Creative self–efficacy, which refers to the employee's beliefs about his/her ability to perform the job creatively, may relate to company image (AragГіn–Correa et al., 2007, Wang and Lin, 2012, Gong et al., 2009). For instance, AragГіn–Correa et al. (2007) have investigated the relationship between leadership and organisational learning's role on innovation and performance. They employed SEM as the analysis tool with 408 useable questionnaires (response rate 45.33%). AragГіn–Correa et al. assert that firm innovation has a positive impact on organisational performance. Accordingly, organisational learning's role on innovation may relate to creative self–efficacy which refers to employee's ability to perform the job in innovative way. Whilst, one of organisational performance indicator is company image. Hence, it may assume that creative efficacy may lead to company image. Moreover, Wang and Lin (2012) have examined the antecedents of innovation performance. They conducted their study in Taiwan by using 302 responses from 30 large IT companies (response rate 67.11%). Wang and Lin reveal that innovation self–efficacy leads to innovation performance. Innovation performance may relate to organisational performance. Whilst, one of organisational performance indicators is company image. Arguably, creative efficacy may also have an impact on company image. For example, when a company has a better employee's creative self–efficacy, its employees will perform their job creatively and it ... Get more on HelpWriting.net ...
  • 11. Business Analysis : Dixons And Carphone Plc Introduction Dixons and Carphone plc is Europe`s leading specialist electrical and telecommunications retailer and services company headquartered in London, United Kingdom, employing over 40,000 people in 9 countries(Dixons Carphone,2014). This company was the merger of Dixons Retail and Carphone Warehouse on 7th August 2014. From former experience, that the merger of two falling firms tends not to have a good ending, but fortunately, the result of this merger is favourable for both companies so far. It combined two main electrical retailer and servicescompany in UK`s market, and their margin are falling in the past years. The two parties had several meetings before they signed the paper, and they finally agreed a ВЈ3.8bn "merger of equals" to create an electricals retailer selling phones to fridges, and offering service and support alongside a multitude of gadgets(theguradian,2014). The merger helps them to gain more profit than before, as reported, Dixons Carphone has 21% rise in profit(BBCNews,2015). Many factors caused the merger of Dixons and Carphone Warehouse. Most important reason is there are no bright prospect for both parties before the merger, both companies are trying to protect them from the competitive and unpredictable market and seeking new opportunities for development. This essay will report the process of this merger happened in 2014 and analyze the impact of this financial event on both parties by using relevant financial theory. Main Body The ... Get more on HelpWriting.net ...
  • 12. Essay on The Effects of Immigration on the United Kingdom Migrants are defined as all those who were born outside the UK and were known as 'aliens' or 'foreigners'. Kostakopoulou calls this assumption into question, arguing that 'aliens' are by definition outside the bounds of the community by virtue of a circular reasoning which takes for granted the existence of bounded national communities, and that this which takes for granted the existence of bounded national communities, and that this process of collective self–definition is deeply political and historically dated. The composition of the current UK migrant population has of course been conditioned by immigration policy over the past 50 years. Immigration has become a major debate across the UK, with many different reasons given for and ... Show more content on Helpwriting.net ... Honeyford made an interesting and yet controversial quotation, which was from a French intellectual, Fannon that wrote. "It's a just reparation which will be paid to us. Nor will we acquiesce in the help for underdeveloped countries being a program of sisters of charity. This help should be the ratification of a double realization: the realization by the colonized peoples that it is their due, and the realization by the capitalist powers that in fact they must pay." Sir Jones revealed that Britain has grown complacent and that migrants should not be blamed for the nation's unemployment as they are willing to work for low wages and possess the skills and education that Britain no longer provide for their own workforce .His opinion was shared by the Home Secretary's, where they stated: "I want the message to go out loud and clear that Britain will remain open for business. Our economy will remain accessible to the best and the brightest in the world... as the Prime Minister said entrepreneurs will be welcome." Legrain considers the advantages of immigration in his book and clearly defends the concept of immigration. He is determined to argue the benefits ... Get more on HelpWriting.net ...
  • 13. Company Law Case Question 1 The main parties involved in this issue are Wong Siu Long ("SL") and Wong Siu Foong ("SF"), who are siblings. Both of them are involved in the running of their family business, Weng Fatt Jewellers Pte Ltd ("WFJ"), which manufactures and sells contemporary fine jewellery. In WFJ, SL handled the core business while SF was in charge of designing and ensuring the quality of the jewellery. In 2000, SF effectively retired from the business, but SF still had a significant influence on the company. Furthermore, SF held 25% of share capital when WFJ was duly incorporated. Later, SF was appointed as a director of the company. Subsequently, SL insisted that the following provision be included in the articles of association of WFJ, ... Show more content on Helpwriting.net ... Due to the financial crisis, FW's assets were devalued and were transferred to its parent company. Assuming that FW does not have enough resources to pay WFJ for the damages, Samuel (WFJ's managing director) should be concerned about the restructuring of the group because it will affect the amount that it can claim from the FW or the group. Therefore, the bigger issue is whether WFJ can claim the damages from FW's parent company. In Salomon v A Salomon & Co Pte Ltd [1897], it was held that the veil of incorporation creates a separate legal personality and a company should be treated like an independent person. In Gramaphone and Typewriter Ltd v Stanley [1908], it was held that the business run by the subsidiary was not the holding company's business. In the eyes of the law, FW is a separate entity from its parent company. Therefore, the parent company is not liable for FW's liabilities. However at times, incorporation is used to circumvent the law or hide the true state of affairs from the court.4 Hence, there are exceptions to the doctrine of separate legal entity. This allows the court to pierce the veil of incorporation and look to the 1 2 3 4 Walter Woon on Company Law, para. 4.50 Walter Woon on Company Law, para. 8.15 Walter Woon on Company Law, para. 7.116 Walter Woon on Company Law, para 2.70 controllers of the company. WFJ is able to raise the following several arguments to ... Get more on HelpWriting.net ...
  • 14. The Issue of Accounting Entity Definition in Regards to... The UK public sector has been transformed over the past few decades. In an increasingly global economy, the main lever by which central governments can influence the success of the domestic economy is by ensuring its public sector operates efficiently. The central governments of the developed economies have adopted similar change agendas to transform their public sectors. These change agendas entail the introduction of new structures, new kinds of organizations and a 'reinvention' of many parts of the public sector. The intention of successive governments has been the creation of a 'New Public Sector', which is more strategic and corporate in its thinking. This 'New Public Sector' is intended to replace a public sector characterized by ... Show more content on Helpwriting.net ... Despite of that definition, the creation of an accounting entity is also a political process with potentially huge implications. KurunmГ¤ki states that the boundaries which describe an organization as an economic unit separate from other units are not as clear–cut, natural or fixed as the accounting entity assumption implies . To which extent does NOMS now fulfill the above described requirements? What are the issues involved in the representation of NOMS as an accounting entity? By defining NOMS as an accounting entity, the financial controls involved seek to limit accountability to the very institution which is fair to say and in line with the so–called market–based New Public Sector reforms (Arnold, 1991). As a consequence, NOMS has to face the challenge to act within a managerial, instead of an administrative culture. When looking for example at healthcare reforms throughout Western Europe during the late 1970s and 1980, we find out that before introducing those reforms and seeing hospitals as accounting entities, several problems occurred: Poor management followed by arm's length management, with organizational actions guided by practices rooted in a rationality that privileged "professional" or "clan" over "bureaucratic" or "managerial" forms of control (KurunmГ¤ki, 1999). These associated problems could be ... Get more on HelpWriting.net ...
  • 15. Example Of Sqwidnet Network For being South Africa's fast growing loT network– SqwidNet Launched in 2016 as a licensed Sigfox operator in South Africa, SqwidNet network offers low–cost access to Internet of Things (loT) solutions and operators in South Africa, creating opportunities for businesses to create innovative solutions. SqwidNet's Sigfox network enables low–cost, low–power, and secure connectivity for IoT data transmission upon which IoT devices, platforms, applications, and solutions can be developed. The company's common stock is 100% owned by DFA, the premier open–access fibre company. The SqwidNet network gives nationwide coverage for IoT, allowing millions of sensors and devices to send small packets of data for analysis, immediate action, and record ... Show more content on Helpwriting.net ... That is where Outsourced CFO comes in with the business expertise of a passionate Chief Financial Officer, or CFO, tailored to one's strategy and budget. Outsourced CFO provides integrity and professional excellence in financial consulting for ambitious SME's. Succeeding through uncompromising quality and industry thought leadership, the company aims to help clients rethink, automate and scale their companies in the pursuit of business prominence. As entrepreneurs themselves, Outsourced CFO understands the important role finances play in the success of a business. Sound financial planning and management enables businesses to grow and flourish, while the lack of adequate planning could spell inevitable failure. The CFOs have helped many emerging companies realise triple digit growth rates and have helped raise millions in seed and growth finance for SMEs. Outsourced CFO offers its services in three packages, Performance (8 hours per month), Growth (16 hours per month) and Eminence (32 hours per month). In 2017, the company announced the launch of its latest eBook, What Your CFO Needs to Know aboutOutsourcing Software Development. The guide features exclusive information from its president, Andy ... Get more on HelpWriting.net ...
  • 16. The Organization Of Topshop And Successful Company Kim Naysmith Marketing Report Topshop 2014 EC1400614 Contents Page Introduction....................................................................................3 Micro Environment............................................................................4 Macro Environment.........................................................................5/6/7 SWOT Analysis..............................................................................8/9/10 The Marketing Mix...........................................................................11/12 Bibliography...................................................................................13 Introduction The following report will be focusing on the organisation of Topshop– a well–known and successful company since they first started their journey back in 1964. Since then, they have industrialised over 300 stores in the UK, whilst shipping to 100 countries making their diverse British style known worldwide. ... Show more content on Helpwriting.net ... For example, if River Island were to expand their business, this would be a threat to Topshop and would force them to expand further or change their ideas. Consumers Consumers have the ability to change the companies verdicts and ideas, as the customers are the vital aspect to sales. Topshop have to continuously research the customers' desires and progress their products to best suit their needs throughout the future. Topshops organisation have to monitor five
  • 17. different key markets to adapt their products and services for the consumers. Topshop have to study: Consumer markets, resellers, corporate markets, administration markets and worldwide markets. As the consumers' needs and wants are changing endlessly, the demand for Topshops research and knowledge have to be an on–going process. Suppliers Topshops performance is evidently heavily impacted by the actions of the suppliers, whether this is a strength or weakness for the company. The organisation has to repeatedly monitor the actions of the suppliers, thus will enable them to be prepared for any surprises coming their way. Topshops suppliers have an effect on their actions as, for example, if the supplier delivers a reduced facility to the company, the delivery to the stores would be increased and the product quality could be decreased. Topshop have to ensure a strong relationship bond with the suppliers to enable a successful and more trustworthy service in which the company have. ... Get more on HelpWriting.net ...
  • 18. The Concept Of Corporate Social Responsibility The concept of corporate social responsibility (CSR) has been developed for decades and it has been conceptualized in a number of ways. The business only can get success if there is interaction between all stakeholders in the company. The business organization of any form whether it is small or large, are seen as a creation of society and their survival is only dependent on the society. Socially responsible firms view CSR as a source of competitive advantage by attracting a higher quality and quantity of job applicants (Fombrun and Shanley 1990; turban and greening 1996). CSR can be defined as that strategy which manages the business processes to produce an overall positive impact on society. CSR is a concept in which the company decides how to interact with its stakeholders on a voluntary basis involving social as well as environmental concern. According to kotler and lee (2005) CSR is " an obligation undertaken in order to improve the welfare of the society through on demand business application and contribution of corporate resources" Management, innovation and trends seem to come and go like fashion. Ideas and practices are adopted and discarded, change, mutate and re–form in an ongoing process of exchange among stakeholders. (McManus, 2008, p.1068) CSR helps in rapid development of the country so; it has 5 principles like accountability, ethical behavior, transparency, shareholders and rule of law. Accountability talks about the ... Get more on HelpWriting.net ...
  • 19. Pestle Analysis Of Cadburys 1.1 INTRODUCTION TO THE ORGANIZATION 1.1CADBURY DAIRY MILK: COMPANY BACKGROUND Cadbury is a formerly British multinational confectionary company wholly owned by Mondelaz International. It's the second largest confectionary brand in the world. After Wrigley's. its operates in more than 50 countries worldwide. It famous for its Dairy milk chocolate. Cadbury Dairy Milk is a brand of Milk chocolate manufactured by Cadbury. It was introduced in the United Kingdom in 1905 and now consists of a number of products. Every product in the Dairy Milk line is made with Exclusively milk chocolate. In 2014, Dairy Milk was ranked the best selling chocolate bar in the UK. It is manufactured and distributed by the Hershey Company in the U.S. under the license from Cadbury. Name: Cadbury UK limited Type: Subsidiary Founded : Birminham United Kingdom in 1824 Founder : John Cadbury ... Show more content on Helpwriting.net ... High Employee Turnover High employee turnover can also be a result of poor HR planning.5.Give Them A Proper On boarding 6. Give Constant Recognition 3HUMAN RESOURCESunderstanding customer expectations and employee behaviors that will help meet those expectationsEmployee dissatisfaction will lead to High turnover which will make issues on the overall process of the organization7. Offer Personal Growth Opportunities 4Use Reverse Mentoring junior employees to share perspectives with senior leaders, drawing on the importance of culture, environment, and team–building ... Get more on HelpWriting.net ...
  • 20. The Importance of International Business and Exporting for... TABLE OF CONTENTS ACKNOWLEDGEMENT....................................................................2 ABSTRACT....................................................................................3 Chapter 1: INTRODUCTION ................................................7–11 1.1 PROPOSED TITLE 1.2 INTRODUCTION 1.3 RATIONALE FOR CHOSEN TOPIC 1.3.1 The Importance of International Business 1.3.2 Competing on an International Level 1.4 AIM AND OBJECTIVES OF RESEARCH Chapter 2: LITERATURE REVIEW.......................................12 –25 2.1 CLASSIFICATION OF DIFFERENTMARKETING LEVELS 2.1.1 Domestic/Home Marketing 2.1.2 International Marketing
  • 21. 2.1.3 Global Marketing 2.2 DIFFERENCES BETWEEN INTERNATIONAL AND DOMESTIC MARKETS 2.3 COMPARISON AND COMPLEXITIES OF THESE LEVELS 2.4 ENTERING A FOREIGN MARKET 2.5 CHALLENGES IN ENTERING A ... Show more content on Helpwriting.net ... For the purpose of struggling against some additional difficulties when going internationally, companies have to consider of the importance of international business and being awareness of implementing an effective strategy on an international level . 1.3.1 The Importance of International Business International business is a process which its all activities are carried out under the control of government. It involves two or more countries. To understand the importance of going internationally, it would be good to find out the answer of this question; "why is international business important especially for domestic companies?" The simplest answer is that international business has a huge and growing share of the business in the world. Today, many companies all around the world, large or small, are influenced by global issues and competition for the reason of a large number of them sell their products to and/or suppliers from foreign countries secretly and/or stay Д±n the competition against products and services which come from other markets. International business is a kind of opportunity for the countries and the consumers to be exposed to these services and goods which are hard to find in their own region. Clothes, food, jewellery, stocks, wines, spare parts and the similar products are always ready to use all the time in international markets. Providing a service is also done with some ways such as; banking, consulting and transportation, and ... Get more on HelpWriting.net ...
  • 22. International Industry Analysis Porter 's Five Forces 2.3 Inter–Industry Analysis – Porter's Five Forces The Strategic fit approach to management, describes that the prospect of profitability depends largely on the firm positioning itself in an "attractive industry" the attractiveness and therefore profitability is said to depend upon how competitive the industry is, "a highly competitive industry is less attractive and less profitable than an industry where the competition is less intense." (www.netmba.com) According to Porter's Five Forces Framework "attractiveness and profitability depends upon five elements of industry structure and how they interact determining the intensity of the competition within the industry" (Michael Porter, Competitive Strategy: Techniques for analysing industries and competitors). Included in this chapter is an explanation of the Five Forces and how they each affect Eurocity. 2.3.1 Rivalry amongst existing firms Porter described that intense industrial rivalry can lead to higher costs; lower prices and therefore lower profitability. As there are a large number of competitors with little ability to differentiate their product, the market can be seen as very competitive and therefore unattractive. However, there are some compensating factors; such as, an applicant must give his permission to companies who wish to submit their CV and in return the applicant has to confirm that no other company will submit them for the position. This means that applicants should not be submitted by numerous ... Get more on HelpWriting.net ...
  • 23. Costco Wholesale Corporation And Macy's, Inc. Introduction As a junior at San Jose State University, I have a little over a year to figure out plans for my future career before my educational career comes to an end. Being a student of accounting, there is an overwhelmingly large variety of companies at which I could work. This paper will allow me to narrow down these companies by place importance on my own preferences for a company. This will be done by analyzing and evaluating two firms relevant to my degree. Based on criteria I have selected, including–but not limited to–company size and geographic features, culture and values, company successes, employee benefits, and social responsibility, as well as a situational analysis of current external and internal trends, I will focus my research on Costco Wholesale Corporation and Macy's, Inc.. After researching the backgrounds and company profiles of Costco Wholesale and Macy's, I learned about their current products and services as well as an analysis of their strengths, weaknesses, threats, and opportunities. I utilized resources that included each company's corporate websites, company profiles and SWOT analyses from electronic databases, and other reputable online sources. This information, which will be synthesized within the rest of this paper, has better allowed me to make a decision over which company is right for me. Between the two companies, I have found that ???? meets my needs more so than ??? as an ideal workplace. However, neither of the companies meet a ... Get more on HelpWriting.net ...
  • 24. Strategic Thinking Introduction: This case study analyses NZ Sock, a company that has a history from 1887 to current date in the clothing industry. Over the years NZ Sock has introduced different types of products in the industry such as rugby and high school socks. Recently the company decided to venture into the well–being industry with the new production of Merino/Seaweed socks. This strategy has placed the company as a contender to become a leader in the well–being industry. Since the introduction of the company, it has had 4 generation of a family and different styles ofmanagement. The case study looks at different aspects of the company such as conducting a SWOT analysis, its current position of the market and its strategy to ensure its survival. ... Show more content on Helpwriting.net ... The company realizes the potential of the market and therefore have chosen to pursue it. SWOT ANALYSIS Strengths * The company's new product is a unique one that has growing popularity in the wellbeing and health market. This is strength as it is causing the company to grow and expand. The company is also the only producer of the product giving it a competitive advantage. * The organization has also created a reputation for itself as it has been in the industry for 4 generation. The company carries a high amount of experience in the industry and can be considered a key player for over 100 years. The experience gained shows that the company has sound knowledge of the industry and how to operate effectively. * The strategic alliance with other organizations such as the one in Poland gives the company an advantage. The company has new trading partners who they can conduct business with. This also expands their networking with other organizations as they can attain good contacts. * The company has a good production system in place. The production line runs in various countries including Britain and Korea as they are chosen to be the best location for different stages of production (Dale et al, 2008). They are able to decrease the costs in product by working together in the production line. For example the first stage of production is in Poland and the finishing part is in NZ. Weakness ... Get more on HelpWriting.net ...
  • 25. Cadbury As A Company Of The Age Of Management Cadbury During class we discussed Cadburys approach on Corporate Social Responsibility (CSR). Visser,W., Hollender, J.(2011) describe "Cadbury as a prototypical company of the Age of Management". For a long time, Cadbury derived is motivation to be involved in CSR from its founder John Cadbury . He as a fellow of the Quakers was convinced that doing business should aim to solve social issues. His philosophy became part of Cadbury and formed the base for their applied business ethics. Their engagements impacted the business environment of the company. The former chief executive Todd Stitzer is cited by Visser,W., Hollender, J.(2011) in 2008 explaining his high personal identification with the company and their corporate spirit "I spent 27 years of my life at this company. I absolutely love what it stands for and what it has done . . . the whole idea that 'doing good is good for business". In 2010 Cadbury was sold to the multinational food corporation which merged with Heinz later on and is now operating under the name Mondelez. The takeover for $21,8 billion finally ending an area of the Quaker ideology in the company. Mondelez is a multinational cooperation with a net revenue of approximately $30 billion in 2015 (Mondelez, 2016). In their fact sheet of 2016 the company explains further "About 85 percent of our annual revenue is generated in fast–growing snacks categories, and nearly 75 percent of our sales come from outside of North America". Shareholders are interested ... Get more on HelpWriting.net ...
  • 26. Importance And Importance Of Accounting 3. Summarizing Another of Accounting's main feature is summarizing. Summarizing is the art of showing business results in a summarized form. Thereafter it can be used for all the interested parties. This feature gives insight into the financial statement of business. One of the summarized accounts is a Trading and profit and loss account while the other is a Balance Sheet. 4. Analyzing The figures that are in financial statements are difficult to be understood by laymen except they are presented in a simplified form. Therefore part of the feature of accounting is the analysis of information in order to present them in a simplified format which is comprehensible by stakeholders. 5. Interpreting Interpretation is an important feature in accounting. ... Show more content on Helpwriting.net ... Accounting helps in making available suitable information with an aim of safeguarding the interest of the business and its proprietors and others connected with it. 2.Accounting helps to emphasize on the ascertainment and exhibition of profits earned or losses incurred in the business. 3.Accounting helps to ascertain the financial position of the business as a whole. 4.Accounting helps to ensure accounts are prepared according to some accepted accounting concepts and conventions. 5.Accounting helps to provide users with factual and interpretive information about transactions and other events which are useful for predicting, comparing and evaluation the enterprise's earning power. 6.Accounting helps in complying with certain legal formalities like filing of income tax and sales–tax returns. 7.Accounting helps to facilitate comparative study of current year's profit, sales, expenses etc., with those of the previous years which is useful for trend analysis. 8.It supplies information to investors and company stakeholders which is useful in judging the management's ability to utilise enterprise resources effectively in achieving primary enterprise ... Get more on HelpWriting.net ...
  • 27. Financial Data Of Theu.k London Stock Exchange Financial Accounting 2 Assignment Student ID: 26385554 Student ID: 26200953 Student ID: 26229749 Student ID: 26359499 Student ID: 26161044 Date: 27/11/2014 Word Count: 2937 The purpose of this report is analysing and comparing financial data of five companies in one industry sector, which are listed in the U.K London Stock Exchange (LSE). By doing these, the business models employed are identified and evaluated, which consequently implies that the report is reinforcing our current knowledge in accounting and in the current market. Moreover this report is assessing how could a potential investor invest 50 million pounds among these five companies. The companies that got selected are listed in the Constructions and ... Show more content on Helpwriting.net ... However "the constructor sector has been affected disproportionately since the recession of 2008" and the gross value added (GVA) of the sector has been reduced from 8.9% in 2007 to 6.8% in 2011. Despite the recession in 2012, which was the third in five years, U.K's construction sector is still one of the largest in Europe measured by employment, number of enterprises and gross value added (UK CONSTRUCTION: An economic analysis of the sector, 2013). Hightex Group Plc. Starting with Hightex Group Plc., it is one of the top companies for construction and material. They are involved with projects such as building roofs for world cup stadiums, with the most recent being the one in Brazil in 2014, where the roof was house for the final game of the tournament. Although the company has been involved in big projects, the statement of comprehensive income shows a total loss of ВЈ1.4M (Hightex, 2013). According to the Annual Report, the company is suffering losses because of its joint–venture project with Brazilian Companies, especially dealing with
  • 28. the uncertainties revolving around trade receivables, resulting in the creation of a provision for it in the expenses, leading to bigger losses. The directors believe that sales will increase significantly in the next two years, and will restore the company to profitability. This will be achieved with new contracts commencing with prospective ... Get more on HelpWriting.net ...
  • 29. Assessment of Santander Consumer Finance's Approach to Its... Assessment of Santander Consumer Finance's approach to its international strategy In this report I provide a critical assessment of Santander Consumer Finance's (SCF) approach to its international strategy. In the first part, I analyse SCF's external environment by highlighting its history and business model and also by applying Porter's five forces model. I follow by analysing SCF's internal environment focusing on its structure and applying the resource based view model. I finish with a critical assessment of SCF's strategy. In the second part, I evaluate SCF's managerial implications by highlighting its strengths, weaknesses and potential solutions. Finally, I present some recommendations for SCF's future strategy. I.... Show more content on Helpwriting.net ... In this situation where the manufacturers are neck to neck in competition, the indirect sale method of SCF grasps what is left. It also manages to take a healthy share in the markets for used cars. The bargaining power of the suppliers is limited to the type of deal they have with the dealers; it can either be a baseline interest deal or the interest rate may vary. Automobiles manufacturers have different criteria as they can manage to keep the interest rates lower than the ones set by SCF. The bargaining power of customers is slightly greater than that of the suppliers. The number of suppliers in the market is large and the consumer has the luxury of choosing from a variety of auto–financing deals. The market has thus transformed into one of the most important ones especially after the recent credit Crunch. Interest was cut down to as low as 1% in some cases to boost sales. Overall, using the five forces from Porter's analysis, it can be concluded that the consumer finance market in Europe and America (where Santander majorly operates) is pretty competitive especially because of the fact that manufacturing units ... Get more on HelpWriting.net ...
  • 30. Corporate Social Responsibility : Marks & Spencer Corporate social responsibility, also known as CSR, is one of the most important topics in the corporate world. If a company is not public about its CSR mission or report, it could make consumers think that they do not care about them, their community or their environment. If a company does not demonstrate that have a positive view on CSR, then they could end up losing profitability because consumers will not want to support them, which could cause the company to close. These closings could be caused by multiple things, including competition from other companies that show they have strong understanding of corporate social responsibility. Marks & Spencer, also known as M&S, was established in 1884 as a local store in the UK. "As it grew, staying close to the community was important to its founders and by the 1930s the name Marks & Spencer was synonymous with trust, quality, and significantly as an employer who looked after its employees, going beyond the minimum standards for wages, benefits and care" (Richardson, 2015). For years, Marks & Spencer were known for taking care of their employees, customers, and community but as times changed in the world, corporate America changed along with it. "There comes a time when other competitors copy and look for advantage, and this was the case for M&S as other UK retailers assumed the leadership of the sector it once regarded as its own natural territory" (Richardson, 2015). It became increasingly important for M&S to do ... Get more on HelpWriting.net ...
  • 31. Judith Beveridge Speech Essay Judith Beveridge is a poet of great detail. Her poems are written with strong use of language. Strong imagery of her observations and contrasts of her views help create her poems meaning and effect on the reader. Beveridge's texts are valuable to the understanding of human and nature's precious life, and her appreciation for life in all. Through her two poems 'the domesticity of Giraffes' and 'the streets of Chippendale' these both communicate her ideas and values the strongest. One of Beveridge's strongest values is of life, in 'the domesticity of giraffes' this is displayed from the first sentence of the second stanza. 'I think of her graceful on her plain' Beveridge puts herself into the poem, her thoughts of the giraffe in her natural ... Show more content on Helpwriting.net ... Life in Chippendale is rough, alcoholic and sad. Beveridge uses juxtaposition to contrast the names of the streets with what they sound to be. 'Abercrombie sounds like the eccentric unmarried third cousin' 'but Abercrombie's different'. Beveridge personifies the street as though it is a grumbling, alcoholic, causing trouble and disturbance. There is so much violence, as though men are fighting in their drunken confident state to up their lacking self esteem. 'Sad daughter of the ruined slipper' violence sexual abuse nothing of what is accepted in society. The community of Chippendale has no value anymore, no society morals exist. Life is not valued or precious, there seem to be no happy memories to ever come from this place ' streets go to wall like families' ' ivy vine rose and myrtle not one of your descendants mourns your loss' the people of Chippendale don't want to remember this place at all. Though above the grime and run down nature, 'Thomas and Edward have climbed to new heights, incomes and renovations, things are slightly looking up in one small part of town. The streets of Chippendale are very male dominated. Beveridge particularly portrays this with certain lines, images in our minds from the words beer mates drunks and work boot bruises come together to create the image of a man after work, in his late night ... Get more on HelpWriting.net ...
  • 32. What Is Cadbury A Big Business Introduction The person, who created the Cadbury business, is John Cadbury in 1824. The business started as a shop in a fashionable place in Birmingham. It sold things such as tea and coffee, mustard and a new sideline – cocoa and drinking chocolate, which John Cadbury prepared himself using a mortar and pestle. In 1847 the Cadbury business became a partnership. This is because John Cadbury took his brother, which also made it a family business. The business was now known as The Cadbury Brothers. A factory in Birmingham was rented, to produce their products. In 1854 the company received its first Royal Warrant as 'manufacturers of cocoa and chocolate to Queen Victoria '. In 1856 John Cadbury 's son Richard joined the company, followed... Show more content on Helpwriting.net ... This gives opportunities to competitors to get information about Cadbury. For example if Cadbury makes a loss, investors (competitors) will know about it and use it to their advantage. ВЁIt 's a complicated business. Cadbury is a large business it has many different departments for different jobs, all these departments have to work together. Information passes between departments can be confusing. ВЁCadbury has many assets, which contain many capitals, which are very costly to use. ВЁSince Cadbury is a large business, formatting and running, its costs can be expensive ВЁSince Cadbury is a plc, Heavy penalties are imposed if "rules" are broken. Objectives Public limited companies like Cadbury will have objectives such as: v Maximise profit v To be the number one product in a given market v To maximise sales v To grow v To operate in a wide range of markets v To give satisfaction to customers v Have a good reputation v To provide the freedom for workers to express them selves and suggest ideas to help the business v Achieve best possible financial return on capital v Boost or maintain share market values These objectives will ensure Cadburys success as a business. From the statistics I have, it shows that Cadbury is a very successful business. Statistics from 1994 to 1998. The statistics from the financial overview show the finance has just been increasing positively. They have satisfied
  • 33. ... Get more on HelpWriting.net ...
  • 34. P5 Unit 33 P5: Explain the competitive pressures on selected, contrasting business organisations to develop their use of e–business Introduction In this PowerPoint I will prepare a set of presentation slides for Next that explains the competitive pressures they have faced to develop their use of E– Business. I will then compare this to another organisation which will be Currys. Next PLC was founded by Joseph Hepworth in Leeds in 1864 as a tailor under the name of Joseph Hepworth & Son. The retail chain was launched in February 1982. Currys is a British electrical retailer operating in the UK and Ireland and is owned by Dixons Carphone. It specialises in selling home electronics and household appliances, with 295 superstores and 73 high street ... Show more content on Helpwriting.net ... This will help the customer decide whether or not they wish to purchase the product. Delivery tracking/next day Next and River Island offer their customers a free next day delivery if they order before a certain time. Next has seen the promotion that River Island has going and they responded to this by giving their customers a longer time period to shop but offering them the same deal as River Island. Next also allows their customers to order by Midnight and have their product delivered to their local store the next day for them to collect. This has put Next ahead of River Island as River Island does not offer their customers the same deal. They also allow their customers to track their delivery so that they know what time to be expecting their delivery. Targeting customers Currys competitor is Argos and both of these business target their customers in the same way. Currys and Argos target their customers online for example offering their customers deals on items that they know they are interested in. Currys responds to the deals that Argos has by offering their customers better deals on similar products that Argos is offering their customers. They also use social media to target their customers for example via Twitter, Facebook and Instagram. Recruitment Currys and Argos use the internet to get more people to work for their company. Currys can advertise their job vacancies through social media websites
  • 35. like Facebook ... Get more on HelpWriting.net ...
  • 36. Diversification And Diversification Into The New Markets... Diversification is entering the new markets with new products and different from those in which the firm is currently engaged in. It is helpful to divide diversification into 'related' diversification and 'unrelated' diversification. Related diversification is when a business adds or expands its existing product markets. The company starts manufacturing a new product or through new market related to its business activity. For example, a phone company that adds or expands its wireless products or services by purchasing another wireless company is engaging in related diversification. Under related diversification, companies want to make easier the consumption of its products by producing complementing goods or offering complementing services. In a related diversification the resulting combined business should able to improve return on investment (ROI) because of increased revenues, decrease costs and reduced investment. 1.2 Examples a)Brand name One commonly found resource that is exportable is a strong established brand name like Coca–Cola, Microsoft, Pepsi, BMW and others. For example, Coca–Cola spent $4.1 billion to acquire Glaceau, includes its health drink brand Vitaminwater in 2007. b)Marketing skills Usually a firm will lack a strong skill in marketing for a particular market. The frequent motive to diversify is to export or import a marketing talent. For these cases, Coca–Cola's marketing skills are used to be to bring the plight of polar bears closer to ... Get more on HelpWriting.net ...
  • 37. Select A Non Uk Company And Obtain Its Latest Annual... College Number (Bottom Left of College Card)100744209 Year:3 Course CodeMN3045 Course Tutor:Prof Jane Davison Assignment No.:1 Degree Title:Management with Accounting Question No. & Title:Select a non–UK company and obtain its latest annual financial reporting documents. Introduction Company's annual financial reporting is an important tool to translate and transfer information of organization's financial performance to shareholders and users. This report will choose Volkswagen AG's 2014 annual financial reporting as the example to examine how the company to show its accounting works. In this report, it firstly will attempts to examine the external and culture influences on the annual financial reporting. After that, the ... Show more content on Helpwriting.net ... These differences dimensions of culture have complex impacts the behavior of accountants such as preparers, auditors, regulation–makers, and as well as on the accounting practices users (Gray, 1988). For examples in the Table 1, it outlines some effects of culture on accounting andfinancial statements. Cultures Effects on accounting behaviors High uncertainty avoidance and low individualism.Conservative measurement of income, limit disclosure. Uncertainty avoidance decreased.Transparency increased. Table 1. However, it is difficult to find out specific evidences on the effects of culture on the company's financial reporting within a large international firm due to some limitations. Firstly, the cultural data is not reliable in an accounting context (Nobes and Parker, 2012). For example, UK and Germany use
  • 38. different legal and accounting systems despite both of them are European countries. German companies are in operating under their own laws and policies. Secondly, compared with the measurement of direct relevant elements of the external environment of accounting such as legal systems or equity markets, the measurements of cultural influences within a company accounting system are vague and indirect (Nobes and parker, 2012). Culture measurement is complex, Hofstede's theory doesn't consider about the people which come from other countries and minority population that may have different cultural attributes ... Get more on HelpWriting.net ...
  • 39. Corporations Law 1.0 Areas of law Corporate social responsibility (CSR) has long been a touchy issue for governments not just in Australia, but around the world as well. Companies in Australia are governed by the corporation's act, which outlines the legal capacity and power of a company. The Corporations Act 2001 (Cth) s 57A1, defines a corporation as a separate legal entity, that includes any corporate body and unincorporated bodies that may sue, be sued or hold property in the name of an office holder appointed for that purpose. In context of corporate governance, the main issue is with the current legislation is in regards to director's duties. Under the Corporations Act 2001 (Cth) s1802, directors have a civil obligation to act with due care and ... Show more content on Helpwriting.net ... Also, the Australian government may introduce a rule that requires registered companies to participate in a policy in which each company need to design a Corporate Social Responsibility Committee that will observe every activity conducted and how will it impact those other than the shareholders, specifically the employees, suppliers, customers and also the environment. The company would then have to participate in a policy in which it is required to be publicized on its own website. Although it may be contradicting to the directors' best interest for the company, by spending an amount on volunteering programs, such as the hunger project to help extinguish famine in poor countries, it also helps the company to build a better image that in turn, could be advantageous to the directors. 4.0 Issues of importance The push for company reporting to include CSR related information in annual reports is of utmost importance, given the prominence of corporate influence in today's society. The recommendation to implement triple bottom line reporting would increase the extent to which companies are taking responsibility for the consequences of their actions, in relation to corporate activities that touch on environmental or other issues of community concern13 The implementation of the policy requiring companies to establish a corporate Social Responsibility Committee are ... Get more on HelpWriting.net ...
  • 40. An Evaluation Of A Uk Public Limited Manufacturing Company Introduction This report is an evaluation provided to a finance director of a UK public limited manufacturing company, whose subsidiaries are around the world. The company's stock is trading on the London Stock Exchange. The report is going to provide some information about working capital management (WCM). It is commonly known that working capital investment has become a large proportion in a firm's balance sheet. According to Bank of Belgium, the proportion of accounts receivable, payment and inventory were respectively 17%, 13% and 10% of total assets of all Belgian nonfinancial firms in 1997 (Deloof, 2003). There is a similar situation in Spanish firms: there is 69% current assets of total assets and 52% current liabilities of the ... Show more content on Helpwriting.net ... On the other hand, firms may lose the early payment discount offered by its suppliers, which may result in more finance costs (Wong, 2002). Trade receivable: Trade receivable may boost sales because it allows customers to access product's quality before paying. The flip side of trade receivable is that capital would be locked in working capital, as a result the company's financial department may face cash flow and liquidity problems (Jose, Lancaster and Stevens, 1996; Lazaridis and Tryfonidis, 2006). Inventory: A larger inventory reduces the risk of stock–out and it is also a vehicle to increase sales. The negative side of inventory is the same as trade receivable (Nazir and Afza, 2009; Deloof, 2003). Lazaridis and Tryfonidis (2006) states that an optimum level of inventory will have a direct effect on profitability since it will release cash invested in working capital and could also respond to a high demand. The measurement of WC Cash conversion cycle (CCC) is a widely used WC measurement, which is the time lag between the raw material purchase and the collection of finished goods. The CCC can be calculated as: The cash conversion cycle = Number of days accounts receivable + Number of days inventory – Number of days accounts payable payments. In real business operations, CCC as whole and each parts of CCC could be used to measure the efficiency of WCM (Deloof, 2003; GarcГa–Teruel and MartГnez–Solano, 2007; Lazaridis and Tryfonidis, 2006; Gill, ... Get more on HelpWriting.net ...
  • 41. A Brief Note On The Uk Multinational Company phase–I TechX groups is the UK multinational company. Its diversified business is mainly focused on electronics and entertainment sectors. It is ranked 13 among the 500 electronics' products manufacturer companies for a public sector consumers as well as professional market. Products includes smart devices such as TVs, interactive program choice, 3D, HD, wireless internet access, smart tablets and applications, mobile devices, laptops etc. It designs and builds products in UK, Italy, China ,USA andmarketing offices are situated in UK, USA, Sweden, Italy, India and Japan. The technology we are using currently in our latest products, specially in TVs and tablets are 4K Ultra HD technology. 4K is the new evolution of screen resolutions in ... Show more content on Helpwriting.net ... The income was 0.45 billion pounds which is 10% less than the previous year. This deterioration in income was due to the lacking of technology combination (4K + Internet of Things) in products. Market giants and most of the others medium size companies have introduced the "IoT". Internet of things is basically composed of two terms Network and Things (any object like devices, machines, computers), so basically it's a concept where all objects are provided with unique identifiers (e.g. NFC, RFID) and are capable of transferring data over the network mostly without human interaction. It's mostly d2d (device to device) or m2m (machine to machine) interaction e.g. RFID Tags, NFC Tags at bus stops, contactless cards, Oysters. With the help IPv6 we will be able to connect almost every device possible because the one of the advantages of IPv6 is that it provides uses a 128–bit address, allowing 2128, or approx. 3.4Г—1038 addresses. With the help of this technology we can generate more and accurate information. Also, we can monitor sensitive information on brief intervals. Furthermore, time and money can be saved as the tagging technology is cheap and as this requires very less or no human interaction hence it's quick and saves time. But as this technology is new it faces problem like security, safety. Also, there are problems like system complexity ... Get more on HelpWriting.net ...
  • 42. Advantages And Disadvantages Of Hosting Administrations Cheap domain registration A domain name alludes to the named address or distinguishing label given to a domain on the web. The domain name enables others to get to your site effortlessly with a simple to recall address as opposed to utilizing a numeric IP address. Enrolling a domain name secures that particular web address. Nobody else can utilize that specific space name on the web. Some organizations offer singular domain name registration. This enables you to hold firm a domain name without obtaining hosting facilities. While this will shield the domain name from being taken by another person, it won't enable you to have a site or use email administrations with your domain. You can't mix up, the .us domain for something besides the United ... Show more content on Helpwriting.net ... Most organizations are searching for ways to cut cost, particularly those with little and medium business. Choosing cheap site hosting administrations can enable you to spare a great deal of cash. it provides clients with a sensible experience particularly for small scale websites that don't require a considerable measure of space or data transfer capacity. Most clients of inexpensive hosting plans are somewhat new to web facilitating; its ease of use would be leverage for the clients. As this arrangement doesn't accompany a lot of elaborate highlights, it will be less demanding for new clients to explore around. It is likewise reasonable for the individuals who have restricted information with respect to web hosting and it would be a decent beginning for them to start adapting more. The disadvantages: One usually identified disadvantage of choosing and using cheap web site hosting services is sharing of server space with other clients of the provider. This could possibly jeopardize your own online site in the future especially if the companies or people you share server space with constantly use email lists to send spam. Anti–spam programs might block your site too because you use the same ... Get more on HelpWriting.net ...
  • 43. Influence Of Uk Company Law, Takeover Regulation And... Hansmann and Kraakman argue that, as a matter of norms, efficiency and fact, the world continues to converge around "the 'standard shareholder–oriented model' of the business corporation." 
 Henry Hansmann & Reinier Kraakman, 'The End of History for Corporate Law' 89 Georgetown LJ 439 (2001) Critically assess this claim with reference to the influence of UK company law, takeover regulation and corporate governance on policy making in the EU and internationally. Introduction The corporate governance debate has been a global phenomenon, attributed to the increasing deregulation of worldwide capital markets and the expansion of the shareholder class . Such changes have increased awareness of the importance of corporate governance practices, ... Show more content on Helpwriting.net ... This essay will then consider that convergence towards a single model is unlikely due to path dependence and cultural differences between countries. Nevertheless, pressures should result in convergence towards a hybrid model in the near future. This essay will conclude that lack of complete convergence may not be a negative, given the various problems associated with the SM. The shareholder–oriented model Hansmann and Kraakman implicitly assume that the SM is identical across the US and UK, ignoring several differences. The historical origins and balance of responsibilities of both systems are distinct , with the UK taking a principles–based approach and the US taking a rules–based method . Nevertheless, both systems take the broad approach that shareholders ought to have complete control over the company, with managers managing for shareholders' benefit and minority shareholders being protected . This model is characterised by the power of the General Meeting , inclusion of non–executive directors on the Board , move towards greater financial transparency and independent audit committees . Drivers towards convergence Hansmann and Kraakman's arguments were based on three claims: the ideological claim, efficiency claim and the factual claim . Yet, these failed to consider changing global circumstances and other nuances. Efficiency claim It was claimed
  • 44. ... Get more on HelpWriting.net ...
  • 45. Analysis Of The Article ' The On Liquidation Of Sahaviriya... The article is centred around the liquidation of Sahaviriya Steel Industries' UK subsidiary, which may threaten a total of 2200 jobs. With the government refusing to offer financial support to the loss–making steel plant, it is important to find out whether or not this case is part of a larger macroeconomic issue threatening the United Kingdom and what the best course of action to take is. The plant's shutdown is characterized by "the soaring price of the pound against other currencies, which made its exports expensive" as well as low business confidence, generated from UK's failure to compete with China's "low–cost imports". Thus, UK's high exchange rate and low business confidence will result in a decrease in exports and investment, leading to falling aggregate demand – UK's total demand for its output at a range of price levels in a specific period of time from all consumers, domestic or foreign. From the diagram above, we see a leftward shift in aggregate demand from AD to AD1, leading to a fall in the overall price level from P0 to P1 and a fall in national output from Y0 to Y1. To produce at this lower level of output, fewer factors of production including labour are needed, leading to an increase in the level of unemployment in UK. This article's situation is one proof of the many job slashes that are to come. The next important step is to determine whether this unemployment is cyclical and due to the periodic nature of the business cycle or structural, meaning ... Get more on HelpWriting.net ...
  • 46. Biography Of Edward Christopher Sheeran Born Edward Christopher Sheeran born in 17 February 1991. Ed is an English singer– songwriter and musician. Born in Hebden Bridge, West Yorkshire and raised in Framlingham, Suffolk, he moved to London in 2008 to pursue a musical career. In early 2011, Sheeran released an independent extended play, No. 5 Collaborations Project, which caught the attention of both Elton John and Jamie Foxx. He then signed to Asylum Records. His debut album, +, containing the singles "The A Team" and "Lego House", was certified 6Г— Platinum in the UK. In 2012, Sheeran won two Brit Awards for Best British Male Solo Artist and British Breakthrough Act. "The A Team" won the Ivor Novello Award for Best Song Musically and Lyrically. In 2014, he was nominated for Best New Artist at the 56th Annual Grammy Awards. Sheeran 's popularity abroad began in 2012. In the US he made a guest appearance on Taylor Swift 's fourth studio album, Red, and wrote songs for One Direction. "The A Team" was nominated for Song of the Year at the 2013 Grammy Awards and he performed the song in duet with Elton John during the ceremony.
  • 47. He spent much of 2013 touring North America as the opening act for Swift 's The Red Tour. In autumn 2013, Sheeran performed three sold out shows at New York 's Madison Square Garden as a headline act. His second studio album x (read as "multiply") was released worldwide on 23 June 2014, charting at number one in the UK Albums Chart and the US Billboard 200. In ... Get more on HelpWriting.net ...
  • 48. Why Some UK Companies are Reluctant to Invest in Training... Explain why some UK companies are reluctant to invest in training and development. Do you consider these reasons to be valid? The rapid development of technology and in other areas have led companies' ability to replicate products more easily, and the rapidly expansion of the service sector has led the nature of consumers to demand high quality at the lowest prices. Both of these highlight the importance of gaining the competitive advantage through the labour force. A method through which a company could obtain this edge, is through training anddevelopment of their various skills. Its implementation and management concerns many concepts, esoteric and thus hard to emulate. Training and development can have many benefits ... Show more content on Helpwriting.net ... Training was also seen to enhance job motivation under certain conditions: there was a practical use to the training and this had been clearly depicted to them (Heyes, Stuart). Alternatives to T&D are to poach employees from other rivals, or acquire employees through the expensive recruitment and selection process who has the requisite skills required– premium must be paid. The former is a large barrier to the T&D initiative as the benefits accrue to the company and the employee. The rival can potentially poach your trained employees. This is known as the Prisoner's Dilemma, due to which many companies in the UK do not invest in human resource development (Sisson, Storey). The use of temporary or outsourced employees will not only be harder to train as they may deemed unworthy of investment due to their movement ability, they may be not able to provide the high quality service. Though companies outsourcing their call centres seem to be providing them the necessary service. But these operators in India cannot replicate the highly customer orientated service that British call centres can provide i.e. speaking to Yorkshire people in their own dialects– this would require training. Employees are going to become trained whether the initiative is taken or not as with time they will gain tacit knowledge and they will pick things up 'by sitting next to Nellie' over time. This is very inefficient, and a focused ... Get more on HelpWriting.net ...
  • 49. The Principles Of The Company Law, The Uk Cape Industries... The Salomon principle dictates that if the company is established in accordance with the requirements of the Companies Act 2006, it starts to operate as a separate legal entity. The corporate veil becomes the dividing line between this entity and its shareholders. However, it soon became obvious that this concept can be easily abused, therefore Courts fought hard in order to establish exceptions to the Salomon principle in the form of lifting or piercing the veil, allowing them to look behind the 'curtain' if they spot some irregularity. In order to justify these drastic measures, Courts would look for something substantive, such as an agency relationship, fraud, avoidance of obligations, or group piercing grounds. In order to determine... Show more content on Helpwriting.net ... As described by Professor Gower, once the company is registered, the 'corporate veil' comes down between the existing company and the shareholders, protecting them from any potential liability. Soon it became apparent that the companies could be easily abused and used for improper purposes. As a response to these developments, Court would use the concepts of lifting and piercing of the veil in order to go behind the veil and attach an appropriate liability to those who were behind it. Lifting of the veil was seen as the least drastic option, as the Court would look behind to see if there is some impropriety, and put the veil down, still recognising the company as a separate legal entity. Whereas piercing would involve tearing up the veil, completely disregarding company as a separate entity and looking at it as an agent for another. The process is very ad hoc, and therefore based on the discretion of the Courts. In order to persuade the Court to look behind the corporate veil, the grounds must be substantive. One of the established exceptions justified by the Court in order to lift the veil is when the evidence shows that the company is being used as a device for avoidance of existing obligations. The good examples of this exception would be the cases of Guildford Motors v Home and Jones v Lipman. In Jones v Lipman Russell J ordered specific performance ... Get more on HelpWriting.net ...