Financial statements and ratios are very useful in determining a company’s financial position. This paper provides an interpret ion of Company G’s financial condition using the provided financial statements and pertinent industry data. A number of useful ratios have also been calculated for year 11 and are shown on the...
Introduction Companies that have properly utilized information technology have gained from increased revenues and reduction in operation costs. Additionally, these companies have also benefited from the extensive information available on the internet e.g. marker surveys, new production techniques and available opportunities. However, Internet supplies a wide range of entertainment avenues...
Introduction Emergence of web 2.0 paradigm opened windows for Information Technology (IT) business outsourcing and off-shoring (Garner, 2004). Outsourcing has developed mainly due to changes in the market and industry conditions. There has been a common boost in outsourcing of information processes within business cycles. The needs and expectations of...
Introduction Managerial accounting is a branch of accounting that provides information to management for decision-making. Managers need to make informed decisions in order to ensure the sustainability of the business. The importance of managerial accounting in a multinational environment can not be over-emphasized. This is due to the complexity of...
Introduction Activity-based costing is a method used in large organizations to allocate costs to services and products. Activity-based costing is used as an alternative for traditional cost management and it addresses problems associated with traditional cost management. Organizations use activity-based costing in control and planning. The use of activity-based costing...
Introduction A team is a collection of persons who in most cases have a similar goal to achieve. This collection has important elements that influence how the team behaves and how it interacts. It also affects the processes the team will adopt in order to complete its tasks and achieve...
Introduction Over the last few years, many companies have been using activity-based costing methods when accounting for overheads. Companies are shifting from the traditional method of allocating overheads due to a considerable increase in overhead costs, increased customer demands, batch size variation, and a lack of correlation between machine hours...
Background Information In the current business environment which is characterized by intense competition, attainment of competitive advantage is vital. There are diverse options that business management teams can consider in an effort to attain their predetermined objectives. The 21st century has presented businesses with a wide range of opportunities. One...
Organizational change is a fundamental aspect for any organization willing to utilize opportunities that come along with change. In a rapidly changing world, change has become very important and all the organizations have to accept it otherwise they might not meet the people’s changing needs and consequently they will be...
Introduction The emergence of the web 2.0 paradigm opened the floodgates for Information Technology (IT) business outsourcing and off-shoring (Garner, 2004). Since then, outsourcing has developed mainly due to changes in the market and industry conditions, and the business cycles have experienced a common boost in outsourcing of information processes....
There are several ways in which companies generate income. A company can generate income by borrowing from other financial institutions, investing in other activities or generally keeping good management of the core business that defines its existence. It is due to these differences in income generation that a cash flow...
Introduction An information system refers to the integration of information technology with the organizational activities, with the main objective of offering support and efficient execution of management and organizational operations (Burkholder 140). The nature of an information system deployed in an organization is determined by the manner through which individuals...
Introduction Tourism industry is one of the largest industries across the world. Contemporarily, it is growing exponentially with an annual growth rate of 7.4 % and 14.7% in East Asia and Pacific regions respectively. The exponential growth rate of tourism has a significant impact on both community and environment; thus,...
Introduction Medical Data Processing Inc. is a medical organization involved in the data processing on behalf of other health institutions in America. It has an employee base of over 50 dedicated professionals spread across five departments, i.e. administration, sales, human resource, data processing and finance department. Each department has a...
Introduction In the global business world, financial statements are very important and of great significance to investors as well as customers, among other stakeholders. This makes it mandatory for businesses to prepare financial statements, which usually reflect their fiscal position. Moreover, businesses cannot gain access to bank loans or financial...
Introduction Proper and professional management of the tourism sector is a prerequisite for its growth, development, and ultimate success. Destination management and destination marketing are fundamental cornerstones of the tourism sector management. The purpose of this paper is to discuss the reasons why the use of concepts of destination marketing...
Executive summary The aim of business is to attract and maintain customers, to expand its customer base. Despite the reality of this adage, organizations still waste a lot of time and energy handling matters that do not directly add or give value to the customer. Considering the case of a...
Executive Summary This report shows that Cambden Company needs to adopt the activity based costing model (ABC) because it improves its efficiency and complements its product and service delivery process. Recommendations are given for the adoption of the model because the company operates a dynamic product line and it experiences...
Introduction The destination is an area of any size popular among tourists due to the quality of destination products and services. It happens that destination brand image plays an important role in economic sustainability and brand loyalty. At the same time, it is necessary to take into account another controversy...
Introduction Starting up a new business is taking a risk; however, if the decision is well though numerous benefits produce investing in a business. Before one is set to start a new venture there are short and long terms parameters that he should consider ensuring that there will be continuity...
Introduction Personal effectiveness is a desirable attribute for an individual in all professionals. This is because, through this attribute, a person can capitalize on their strengths and hence become more productive for the good of the entire organization. Efficiency is especially desirable in the IT field where skills such as...
Introduction In today’s tumultuous economy, organizations are aggressively looking for ways of remaining competitive. Organizations have employed a variety of different to achieve or maintain their competency in their respective market segments, including staff reductions and organizational restructuring. More often, these strategies do not yield the expected results. Simply put,...
Introduction A good personal career reassures a person of moving up a well-defined career ladder in a given organization. However, this cannot be ascertained if the organization does not have a well-defined professional development plan for its employees who are willing to spend the rest of their working lives with...
Introduction The paper discusses the exercise of power in an organization from two unique perspectives: critical theory and postmodern theory. Each perspective exercises power and authority differently and represents a unique version of organization processes and management. The critical theory relies on the workforce in an organization as a source...
Introduction Innovation is the act of creating or introducing something new in terms of thinking, products, processes and organisations (Saks, 2006). Launching of new ideas and inventions offers outstanding opportunities for development within organisations. Good management is important, because even with the proposal of innovation to a company, the success...
Introduction Maintaining an effective accounting system provides many advantages. Firstly, the information provided is reliable; secondly, it becomes easy to protect company assets from theft. Moreover, it ensures that the company polices are adhered to and lastly, it makes it easy to comply with the government’s regulations. An effective accounting...
Cost and Revenue Assumptions Preparation of estimated financial statements requires certain assumptions concerning the likely gains and expenses of the proposed business. These assumptions will form the basis for the calculation of profit and cash flow from the business during the first year or first three-year period. In the case...
Introduction Supply chain management refers to “the management of a network of interconnected businesses involved in the ultimate provision of goods and service packages required by end users” (Mentzer 2001, p. 5). It involves harmonizing the activities of all the businesses within the supply chain in order to enhance long-term...
Introduction It is said that one of the most influential and popular theories in the field of economics and corporate finance was serendipitously discovered by two professors who had been assigned to teach a subject that they were not familiar with. The two were Franco Modigliani and Merton Miller, and...
Introduction A dividend decision refers to a decision made by the chief executive officers and directors of a company about the amount and timing of cash payments that will be made out to the company’s shareholders. The dividends in dividend decisions refer to the distributions made to shareholders after the...
Introduction Dividend decisions play an important role in a company’s financial management because these strategies can have a significant impact upon the stakeholders’ preferences and their impact upon the company’s operations. Deciding between various patterns of sharing the company’s dividends between the stakeholders or reinvesting them into operations, decision-makers have...
Introduction Entrepreneurship is progressing more in the news. Governments world wide praise, glorify, or honor its benefits and put into practice plan of action aimed at promoting it. There are quite a lot of grounds for this concentration, and a feeling of excitement for entrepreneurship. Proprietor-supervisors of small ventures manage...
Introduction In the business world today, it is impossible to avoid diversity in organizations hence managers need to develop strategies of promoting diversity within the business environment. With the introduction of globalization and the need to become competitive in different markets by organizations, the need for embracing diversity has become...
Strategy Considering the challenges faced by Hometown Deli about declining business over the last five years, a number of changes will be undertaken with regard to its operational strategy. According to Patrick (2000, p.230), effective formulation and implementation of business strategy are one of the ways through which a firm...
Introduction For several decades now, researchers have sought to scrutinize the issue of work-life balance and from these studies, it is increasingly becoming evident that lack of a good balance between work and private life can cause a crisis. This is the crisis called work-life conflict. Because of the conflict,...
The significance of “market values” of UK Listed Companies The market value is the current price in the market at which the seller and the buyer are willing to trade their property. The parties who are fixing this price are acting without any pressure. This price results from a thorough...
Introduction Investments and interest rates go hand in hand in business since they determine the expected benefits from a certain venture. The cost of capital thus clearly defines what interest rates are as well as their availability. Equity investors make more money when the interest rates are high since this...
Introduction Stock markets in developing economies mainly in the Far East, Asia, Latin America and Africa are no longer mere shadows of stock markets in developed economies such as the London Stock Exchange or the New York Stock Exchange. According to Claessens, Klingebiel and Schmukler (2001), high economic growth supported...
It would be impossible to ignore the current debate as to whether Congress should allow the ‘Bush Tax cuts’ to expire. Back when they were first introduced, as the Economic Growth and Tax Relief Reconciliation Act of 2001 and Jobs and Growth Tax Relief Reconciliation Act of 2003, the US...
Production Budget A production budget is only developed from the sales budget after considering a policy on closing stock level. The production budget in quantity will then be translated into budgeted requirements for the major production resources like raw materials and labour. The Production Budget in this case is; Month...
Introduction As the world globalizes and trade becomes liberalized, the risks of poor economic decisions affecting other global partners are growing very high. This can be confirmed by the just ending economic crisis of the year 2007-2009. The adverse effects of this crisis were adversely felt in the United States...
Coca-Cola Company Coca-Cola is a renowned company in the production of beverages across the world. It has operations in over 200 countries across the world and has been in operation for over 124 years. It is estimated that the company sees aver 1.6 billion servings every single day. The mother...
Introduction It is difficult to choose a project even though it is the best preference among alternatives. In order to decided to pursue the decision of investment one should evaluate using different methods that are available and methods greatly influence decisions taken. For instance, when using non-discounting methods of capital...
Abstract Efficient manipulation of information is the key concept towards ensuring effectiveness in the organization’s operations and facilitating the organization to match up the present competitive nature of both local and global markets. This, therefore, implies that the paradigm of strategic planning needs to change frequently in order to support...
The advantages of switching to machine hours as an overhead recovery base Machine Hours Basis Amount Units Rate/Unit Standard product Specialized product Over heads D. labour machine Hours 599,300 6,500 92.2 322,700 276,600 D. labour Machine hours 170,000 6,500 26.15 91,525 78,450 Total machine cost 414,225 355,050 % 51.8% 48.2%...
Organizational politics can be defined as selfish behavior exhibited by individuals or groups of individuals to sustain their selfish interests without much thought of their colleagues and how their behavior will affect the organization’s goals at the end of the day. Some manifestations of organizational politics include; high level of...
Introduction For effective and timely decision, an organisation requires quality information, both external an internal. Accounting information is of importance in decision making at different levels. Accounting information offers an analysis of processes undertaken in a business. Quality accounting information results to quality decision managing (McCartney, 2004). This paper will...
Value drivers for Baidu Since its inception in January 2000, Baidu has grown to assume the position of the leading internet search company in China by traffic, the largest internet portal in China, and the fifth ranked in the industry by 2005. Its growth and dominance can be attributed to...
Introduction Strategic planning is generally regarded as one of the key aspects o successful organizational activity independently in the engagement sphere. The aim of this paper is to analyze the strategic planning activity for an IT department within a healthcare organization. The strategic planning report will involve the analysis of...
Oracle This is the second largest software company in the world. The company has developed enterprise management software which has accounted for 32% of the company’s revenue. One of the industries that use this software is banking industry. They have been using it to manage the many functions that are...
The movement of Riordan Manufacturing to Shanghai will entail a major shift for the operations of departments within the organization. It is up to the information technology department to use its resources to minimize such disruptions. The information technology department has come up with strategies to ensure less disruption of...
According to Griffith and Wright (2009), under the Australian and New Zealand Standard Industrial Classification, retail grocery operators include grocery stores, supermarkets and specialized food, vendors. The Australian retail market has experienced rapid expansion that has been catapulted by investment and growth by supermarket chain holdings. Their entry and tendency...
Introduction In the process of summarizing, the correct meaning and content of crucial financial information may become weak or even get lost. Due to the lack of well laid out measures, rules and policies for financial reporting, experts felt that the supplementary graphs, pie charts, etc, are likely to exaggerate...
Riyad Bank As one of the leading banks in the Saudi Arabia Kingdom, Riyad Bank introduced a range of services to maximize the value obtained from IT solutions. It offers both banking and investment services with a variety of services ranging from retail and corporate services to treasury and investment...
The employment of youths in the United States of America fluctuates due to the various causes of unemployment and seasonal changes. It also depends on the economic situation of the country. The main cause of the unemployment of youths can be said to be the effects of the forces of...
The risk of foreign exchange transactions is the risk whereby a business venture’s value changes due to currency fluctuation rates. According to Baillie (316), this is a “risk that an investor will have to close out a long or short position in a foreign currency at a loss due to...
Introduction This industry is considered the most mature in the world; however, it is faced with several changes both in the internal and the external factors. The policies advanced by the US government in this sector has fueled an increase in the manufacturing operations and resulting products, cost competition increasing....
Short Description of the Project The aim of this project is to discuss the risk management in an organization. The focus is on Aramco, a Saudi Arabian Oil Company. The methods used by Aramco to secure its assets will be surveyed by discussing some types of threats and risks that...
Subprime mortgage lending Sub-prime lending refers to giving credit to persons who do not qualify for loans at prime rates (Muolo, 13). Mortgages and credit cards usage make up lending through sub-prime. Riskier sub-prime borrowers do not pay for their loans. An examination of financial institutions shows that they usually...
Ratio analysis is of great importance when it comes to the assessment of the financial position of any enterprise. Ratios work by comparing two or more items on any of the prepared financial statements of a company such as the balance sheet, income statement, cash flow statement and many others...
Industry analysis of the banking sector of Tadawul. Size of the banking / financial sector of Tadawul, performance during the last year and the various companies which are part of it. The Tadawul is the only Saudi stock exchange and it is supervised from the Saudi financial authorities, the Saudi...
Introduction The Bank of Thailand is the central bank of the South-East Asian country of Thailand. Thailand is one of the most important nations of South-East Asia, and has a huge contribution towards the development of the zone. The bank was established on the 10th December of the year 1942....
Solvency and liquidity risk Solvency and liquidity risk are both forms of financial risk and they both have significant effect in the performance and the going concern of the company. However the two forms of financial risks differ in some respects. Firstly, liquidity risk is experienced when the company is...
For over 10 years, the Committee of Sponsoring Organizations of the Tradeway Commission (COSO) gave guidelines to help businesses and organizations examine and improve internal control systems. The mechanism has over time been embraced by several business enterprises in their policies, systems, and regulations to their activities so as to...
LG Electronics is one of the world-leading companies in electronic products that are in operation globally. However, this report is going to focus on the supply chain and logistics system of LGE in Korea. Some of the issues facing LGE are the increases in logistic costs, contrary to expectations that...
Abstract The paper summarizes on the general performance of the Banks and Authorised deposit institutions (ADIs) in Australian economy. It starts by giving a detailed definition of liquidity risk and how it can be measured. During the global financial crisis, the four major Australian banks survived collapse. Other minor banks...
Abstract The auditing standards entail consideration by the auditor for compliance with laws and regulations. For this reason, the auditor must be well versed with the legal and regulatory framework applicable to a company with the procedures adopted to comply with the structure. The audit standards, therefore, cover management representations,...
Abstract International trade law being under the umbrella of the international law is the international body of legal framework that are concerned with the rules and customs under which different countries handle trade within themselves on an international level. International trade is concerned with different countries trading over their borders...
Introduction Multinational organizations are the companies which have extended their products or services in various countries globally. This essay will be focusing deeply on the major multinational organizations like World Bank, and how it generates some fund to benefit less developed and emerging markets. Several multinational organizations have projects and...
Introduction Finance investments refers to the process of fund allocation to a number of business asset(s) which may be inform of real assets, foreign financial assets, and the main business assets. Main business assets refer to financial assets and marketable securities that an institution owns. The key obligation of financial...
Introduction Company description Sunshine International Airline is a public limited company which has been in operation for fourteen years having been established in 1996. The firm’s headquarters are located at Anytown in the United States. Over the past decade, the firm has had superior performance within the U.S. airline industry....
Introduction Marketing is a long trail of processes which range from drawing a raw strategy, setting the value of goods and services, creating consumer awareness to spreading out of different available concepts (DuBrin, 2010). The hallmark of this process is to enhance the supply of goods and services in order...
Over the years Sukuk has improved to be the most acceptable form of investment not only by Islam but also in the international market. This assignment compares both Sukuk and World Bank bonds and evaluates which is riskier than the other. The methods of risk assessment are calculated by use...
According to the Public Authority of Investment, article 4 states that “It is allowed, by a decree from Minister of Commerce & Industry in accordance with a recommendation from investment license, to grant license for establishing companies in which the foreigners share amount to 100% of company capital in accordance...
Abstract Stock may be described as a share of ownership of a company through an investment undertaking into the company’s equity. Basically, business stocks are basically meant for spreading risk and are divided into shares which are stated during the formation of the business, with a face value which represents...
For arriving at the transfer price between Academic and Western, a negotiated transfer pricing is the best method. Negotiated transfer pricing needs a bargaining process between Academic and Western. Academic should ensure that the overheads are met and some contribution is made towards the fixed expenses. Western should be happy...
The term electronic commerce is sometimes referred to as electronic marketing. It is abbreviated as e-commerce or eCommerce. The main activity in electronic commerce is exchanging goods and services using systems that have been programmed electronically. This form of modern trading has tremendously grown especially with the advent of an...
Introduction Innovation management is an area of management that involves managing processes and innovation in research and development. In the absence of the appropriate processes, it is quite impossible for research and development to realize efficiency. This area of management includes a set of tools that enable the managers as...
Introduction The human resources department has got several activities to perform for the whole organization. Their major part is deciding on the kind of staffing they need in the organization (Berry & Wingfield, 2001). They decide on whether to use employees or independent contractors. When they decide, they take the...
Directing people has been in existence for centuries. Leaders have used diverse ways to guide their followers in organizations. People respond differently to leadership methods and persons leading them. Humans are known to resist change when they are faced with it. A general concern is the uncertainty of a new...
In the IT field, risk management procedures and plans help IT managers and their organizations to foreshadow and prevent possible crises and problems caused by technological and social changes. In the IT field, the pace of advancement drives continual change and development, Risk management should capitalize on the most important...
The ultimate goal for any business establishment is to make a profit. A company’s growth and performance are always pegged on the shareholders’ value. The success of a company is measured by its ability to enrich its shareholders. The management of any company should strive to achieve this noble goal....
Research Proposal The topic of the report that I have selected to write on is ‘Customer Satisfaction and its relationship with Branding’. Customer Satisfaction and Branding are very important for any organization these days because of the intense competition out there. Organizations now need to make sure that they retain...
Introduction McNamara (1998) describes leadership as an influence process by adding that a leader is one who influences people towards achieving a common or shared goal. A leader must create vision for an organization and influence people towards achieving it by overcoming inherent obstacles. Different leaders are characterized by different...
The book “Blue Ocean Strategy” describes unique strategic frameworks and approaches applicable to modern business and unknown market spaces. The book consists of three main sections and nine chapters devoted to different strategic problems and solutions. Kim and Mauborgne underline that innovations have a profound impact on the competitive advantage...
International Accounting Standards Board (IASB) is an independent international accounting standard setting body to develop a single set of high-quality accounting standards that are acceptable and implemented by all member states. Since its establishment, IASB has issued several accounting standards and technical papers through a process that involves an independent...
This reflection paper intends to discuss five concepts that I have taken from the course. The five concepts include a balance sheet, income statement, generally accepted accounting principles (GAAP), audit, and efficient market hypothesis. Examples made are to explain and provide clarity of the concepts. I learned that a balance...
Article Identify The title of the article under review is, “Globalization: governmental accounting and international financial reporting standards”. The name of the periodical in which this article has been published is Socio-economic review, published on October 15, 2007, Volume 5, Number 4. Relationship to course This article is relevant to...
Introduction Credit risk refers to the possibility that a debtor will not repay the principal or other cash flows as per the terms of the credit agreement. In banking, credit risk refers to the possibility that repayments by debtors may be delayed or never paid, therefore, affecting a bank’s liquidity...
This paper seeks to evaluate Wal-Mart’s financial performance over the past two years using financial ratios. The ratios to be used include profitability, liquidity, and solvency ratios. As to profitability, Wal-Mart appeared to have shown no improvement in 2009 compared to 2008. However, it was more profitable compared with the...
Introduction Like other countries intent on developing their economies, Saudi Arabia has no doubt realized the need for increased foreign investments in the kingdom. The Saudi Arabia General Investment Authority (SAGIA) 10 x 10 program is an initiative by the government aiming at positioning Saudi among the top 10 most...
Introduction The WTO generally exists to ensure that there is free trade between nations within a stipulated set of global rules and agreements. The body also ensures that there is as free trade as possible among organizations. The countries which are members to this body benefit by having an organized...
Economists’ Views In the case of products with a normal elasticity, when the price increases, the demand for the product goes down matched with an increased supply. With the increase in supply, the prices come down and the market equilibrium is reached (King). This is in the case of goods...
Project Communications Management Project communication management is the sum total of six major communication procedures that are required for the timely and appropriate generation and collection of project information. The components include generation, collection, storage, decimation and the ultimate disposition of valid project information. Those that are involved in the...
Abstract A Balanced Scorecard (BS) can be employed as strategic management to identify the factors that should be gauged to assess properly business goals within the organization. BS can help the CFO of an organization to relate present actions with future objectives, spotlighting the place where the” rubber meets the...
For centuries the concept of risk management and insurance remained vague to the Saudis, and remained so until the emergence of current global financial crises. Hedging against adverse rate fluctuations was never considered worth taking any action, and this was because of the culture Saudis accepted for years that risk...
IS in organisations Management of information systems is critical to this area. There is a variety of implementing what is known as the “five forces” (not listed.) These include the locking in of customers or suppliers, building switch costs, raising barriers to entry, and leveraging investment in investment technology. Locking...
The financial markets worldwide reflect the consequences of the reduction of loan proceeds in the conditions of deepening economic recession. Despite the assumed large-scale measures, the global financial system continues to experience strong stress. Besides, the worsening economic conditions lead to new considerable write-offs of the value of financial organizations’...
Introduction During the campaign president barack Obama made various promises among them the overhaul of the capital markets and banking industry regulations and on 20th January president Bush’s advisor gave his views on how the banking industry was going to be revived. President Obama took office at a time when...