Research in accounting and fiannce Essay Example | Topics and Well Written Essays - 1000 words

Research in accounting and fiannce - Essay Example There is no massive fluctuation in the share prices, but in the year 2009 it was least among the five years which shows little financial decline in the company’s performance. In the year 2012 the stock prices were highest among the five years which showed an increase in the financial performance of the company. There are many internal and external factors that affect the performance of an organization in both positive and negative way. The external forces that may affect the financial performance of Sainsbury are: Political force: The political forces residing in Europe and which may have an effect on the performance of Sainsbury are Euro Zone, European Union, rapidly globalizing businesses and many taxation rules policies. Economic factor: These factors can be rapidly changing interest rates, exchange rates, GDP of a country and Per capita Income, inflation, Job market and unemployment rate and company’s market share which may affect a company’s performance. Technological forces: Technological forces have great influences on the performance of any organization. This includes invention of new and modern products, innovation in products and improvements, etc. When the financial crisis of 2009-2010 hit the industry, it had no such disastrous influence on the financial condition of Sainsbury. In a report by Mr. Justin King it is said that the when the crisis hit the industry people changed their spending pattern but the sales of Sainsbury when revealed, it was observed that it was more than the forecasted sales (Hall, 2010). When the euro zone sovereign debt crisis hit London the share price of Sainsbury decreased along with many other companies. As reported on 21 may 2012, the stock price of many companies emerged from the crisis but Sainsbury and Tesco were still among the weakest performers (London midday: Stocks rise but Eurozone still in focus, 2012). There are many resources and abilities within an organizations,

PERSUASIVE WRITING Essay Example | Topics and Well Written Essays - 1000 words

PERSUASIVE WRITING - Essay Example Among such organizations is the one called â€Å"Feed the Children, Inc.†. It was founded in 1979 in Oklahoma City, and today it works all over the world. As it is mentioned on the official website of â€Å"Feed the Children†, the organization â€Å"exists to end child hunger† and has the mission of â€Å"providing hope and resources for those without life essentials† (Feed the Children, Inc., 2014). Overall, the focus of the organization is to deliver food, drugs, clothes and other necessities to children and their families who lack them all over the globe. Every person can lend a helpful hand and support children in need as the organization presents a range of unique opportunities for those who wish to help out, such as sponsoring a child, volunteering, and organizing special projects (â€Å"Feed the Children, Inc., 2014). The first unique way every person can help a kid in need presented by â€Å"Feed the Children† is called â€Å"Sponsor a Child†. The essence of this option is that the organization gives the opportunity for those who want to be engaged in a program to change a life of a particular child. As the website goes, â€Å"for only $30 a month, you can have a powerful impact in one child’s life; you’ll stop her stomach from growling, give her clean water and send her to school† (Feed the Children, Inc., 2014). For children who live in the developing countries, even thirty dollars can be of a great support and can â€Å"help rescue a boy or a girl from the enemies of childhood – hunger, disease and poverty† (Feed the Children, Inc., 2014). This option allows searching and choosing a child one wants to help; by this, one’s support becomes not only more personalized but more controlled as well because a sponsor has an opportunity to commun icate with the kid he/she decides to help through letters, photos and important information as well as regular updates on the child’s health and well-being. In a course of one month,

Western civ (Greeks Vs, Hebrews) Essay Example | Topics and Well Written Essays - 500 words

Western civ (Greeks Vs, Hebrews) - Essay Example Consequently, the Greek system prepared individuals to serve the state while the Hebrew system prepared individuals to serve God. There is little question that religion played an important part in the social lives of both civilizations but dogmatic religious practices are more readily associated with the Hebrew tradition. In similar fashion, the political realities of the day reflected the intrusion of religion into the affairs of the state. The Hebrews believed that God would hold everyone accountable one day so the ruler was expected to be accountable to God alone. In contrast, the Greek system of personal accountability relied on philosophy and on the discretion of fellow men. Hence, the Greek ruler was accountable to his fellow men more than his accountability to any gods. This increased accountability paved for the world’s first democracy in Athens (Blainey). The achievements of various Athenians such as Aeschylus, Sophocles, Euripides, Herodotus, Thucydides, Hippocrates, Socrates, Plato and Aristotle among others laid the foundation for the modern Western civilization. The move to democracy strengthened the Greek quest for knowledge. Furthermore, the Greeks had managed to disassociate divinity with exploration of things around them. Even after Athens was subsumed into the larger Greek civilization, the traditions of learning and development continued unabated. The epistemological drive of the Greeks led to developments in science, architecture, law, philosophy, commerce and numerous other fields. A rich scientific tradition can be traced back to the Greeks with names such as Archimedes, Hero of Alexandria, Galen and others appearing in scientific discussions to this day (Thornton). In contrast, the Hebrew tradition kept God intact with learning limitations. God was seen as the center of the universe in the literal sense and ideas upheld by the scripture were unquestionable. The strength of the Hebrew tradition of

Managing communication, knowledge and information Essay

Managing communication, knowledge and information - Essay Example This paper seeks to establish an understanding of the meaning of communication, information and knowledge management, and show how these three aspects can be improved within an organization, including the integration of Information Technology systems to hasten company’s operations. In details, this paper will look at communication process, internal and external sources of knowledge and how managers can improve the communication process as well as communication skills. In addition, the role played by various stakeholders in ensuring effective communication is explained. Lastly, it also covers how IT systems can be used for collecting, analyzing, storing, disseminating and providing access to knowledge and information. Discussion Communication management Communication is the process of transmitting a message from a sender to a receiver in a comprehensible manner. It can also be the process of sharing thoughts, ideas, and feelings with others while making sure that those thoughts , feelings and ideas are well understood by the people concerned. Communication is all about speaking, listening as well as observing. Effective communication is crucial in the business world and personal life too. Since communication accounts for the difference between success and failure in many businesses and that it is critical to the successful operation of modern organizations, effective communication is an absolute must. Moreover, every person in an organization needs to understand the principals of effective communication. Companies everywhere are working towards the realization of Total Quality Management (TQM) and effective communication, and the manner in which individuals perceive and converse with each other in the workplace is crucial. Poor communication reduces quality, weakens productivity, and later leads to anger as well as lack of trust among stakeholders in an organization, and therefore, communication process is the guide towards the realization of effective com munication. In communication process, the passing of information from the sender to the receiver takes place, and individual who follow the process have the opportunity to become more productive. Communication process within an organization is usually determined by the nature of the organizational structure. Communication process is made up of four key components, which is encoding, the medium of transmission, decoding and feedback. The communication process begins with the sender who can be an individual, group or organization that initiates communication and ends with the receiver. The sender‘s attitude, experience, knowledge, skills experience, perceptions and culture have an influence on the message. Therefore, the sender is usually responsible for the success of the message, and the written words, spoken words and non-verbal language selected are paramount in ensuring the receiver interprets the message intended (Burnett & Dollar 1989). The encoding process is the first s tep in the communication process. A sender must encode, which means translating information into a message that represents ideas and concepts usually in the form of symbols, and it becomes a coded message which will now be communicated. The

Cost, Volume, and Profit Formulas Essay Example | Topics and Well Written Essays - 500 words

Cost, Volume, and Profit Formulas - Essay Example The preferable outcome in most businesses is to sell as many units as possible, thus high volumes are preferable. The selling price is the unitary price of each product. It can be calculated by dividing the total sales by the amount of units sold. If a company had sales of $5,000 and it sold 100 units the unitary price is $50 per unit. There are two types of costs. These two types of costs are variable costs and fixed costs. A variable cost can be defined as a cost of labor, material, or overhead that changes according to the change in the volume of production units (Investorwords, 2011). Variable cost per unit can be calculated dividing total variable costs by the quantity of units sold. The second type of cost is fixed costs. Fixed costs are costs that do not change with the volume of sales. The total amount of fixed costs is the same every month. Some examples of fixed costs include rent, managerial salaries, and depreciation (Moneyterms, 2011). The total fixed expenses component is calculated by adding up all the fixed costs of the company. The sales mix is the relative proportion in which a company’s products are sold (Garrison & Noreen, 2003).

The Land of Opportunity Essay Example | Topics and Well Written Essays - 750 words

The Land of Opportunity - Essay Example One should keep in mind that increasing employment signals increasing businesses that hire people, hence, more competition.   The firm might also consider expanding its market. For example, if the firm’s product is only meant to appeal to a particular range of age, say, teenagers to young adults, it might want to try producing manufactured goods modified for younger children. Of course, an extensive customer research must follow. Product improvement will occur after determining from the customers answers to questions like â€Å"How can this product improve?† or â€Å"What product that is not available yet will compliment this available product?† And lastly, the firm must acquire all the possible business from its product. If the product that the customer will experience? After this, the company can then proceed to providing branches that will deal with specific issues concerning the product.  has something to do with technology, the firm must pre-meditate wha t will be the problems that the customer will experience? After this, the company can then proceed to providing branches that will deal with specific issues concerning the product.In the Foreign Trade Statistics, a list is presented containing the Top 10 Trading Partners of the U.S.—surplus, deficit and total trade. Countries with which the U.S. has a trade surplus includes: Netherlands, United Arab Emirates, Hong Kong, Australia, Belgium, Singapore, Panama, Bahamas, Honduras and Jamaica. Countries with which the U.S. has a trade deficit are: China, Japan, Canada.... In the Foreign Trade Statistics, a list is presented containing the Top 10 Trading Partners of the U.S.-surplus, deficit and total trade. Countries with which the U.S. has a trade surplus includes: Netherlands, United Arab Emirates, Hong Kong, Australia, Belgium, Singapore, Panama, Bahamas, Honduras and Jamaica. Countries with which the U.S. has a trade deficit are: China, Japan, Canada, Mexico, Federal Republic of Germany, Venezuela, Nigeria, Saudi Arabia, Malaysia and Italy. Lastly, the countries with which the U.S. trades are the following: Canada, Mexico, China, Japan, Federal Republic of Germany, United Kingdom, South Korea, Taiwan, France, and Malaysia. Netherlands has a year-to-date surplus of U.S. $ 4,615.92M. China has a year-to-date deficit of U.S. $ 64,354.56M. Canada has a year-to-date total of U.S. $ 178.07B. These are the leading countries in the three categories and their amounts in surplus, deficit and total trade. Apparently, the trade deficit amount exceeds the trade surplus with the countries. In studying these lists, it can also be noticed that several countries appear in more than one category. The countries Canada, China, Japan, Mexico and Federal Republic of Germany consistently appear on the Top 5 of both trading partners and deficit countries, in slightly different order. While Malaysia follows behind as the 10th in the trading partners, and 9th in the deficit countries. This clearly shows how the countries with which the U.S. has a trade deficit (specifically Canada, China, Japan, Mexico, Federal Republic of Germany and Malaysia) are also the same countries that are its top trading partners. Based on the Foreign Trade Statistics

Public Relations Strategy Essay Example | Topics and Well Written Essays - 2500 words

Public Relations Strategy - Essay Example However, in order to formulate a successful strategy, it is critical that a proper strategic management process is followed. This process is a step by step process which involves different stages through which organizational strategy has to pass through in order to be effective. Such process involves a detailed situational analysis i.e. the process of taking into account the external as well as internal factors before framing and formulating an strategy. The situational analysis also allows an organization to set its strategic objectives and bases on such objectives; strategies are designed to achieve such strategic objectives. Further, organizations also need to choose the tactics and then subsequently communicating the same to the stakeholders so that the same can easily disseminated to all the relevant stakeholders. "Public Relations is the profitable integration of organization's new and continuing relationships with the stakeholders including customers by managing all communications contacts with the organization that create and protect the brand and reputation of the organization"(Cawood,1997) British Petroleum or BP is one of the oldest companies in this line of business having more than 100 years of experience. Listed on London Stock Exchange, BP was formed during 1909 as Anglo-Persian Oil Company and has successfully transformed itself into one of the highly successful firms in the world. BP claims to be one of the largest energy companies in the world providing efficient fuel for transportation, energy for heating as well as light and offering other retail petrochemical products for use in everyday life. BP has the presence in over 100 countries with more than 90,000 employees working for it in different countries drilling more than 3 million barrels of oil per day. Such huge level of operations is only possible due to the successful management of the firm in strategic manner through diversification of its brands which cater to the needs of the different segments of the market. It is also critical to note that British Government has remained one of the shareholders of the firm during 1950s however; the stakes of UK government were subsequently sold during 1970s in order to give the firm more freedom and creativity to flourish as the third largest energy company in the world. BP is technically engaged into the exploration and production of petroleum and petroleum related products, refining them and subsequently marketing them. Apart from this, the firm is also involved into the production of different chemicals such as engine oils etc. Some Statistics about BP1 As of December 2007, 1. BP had the market capitalization of over GBP 230 Billion. 2. Sales and operating revenue of approximately GBP 284 Billion. 3. Number of total shareholders is in excess of 1 million. 4. Its proven reserves of the gas and oil were approximately over 17 billion barrels out of which 57% of the reserves are oil whereas rest comprises of the natural gas. 5. It produces 2.4 million barrels of oil and 8.1 billion cubic feet of natural gas from its various sites operated at multiple locations across the world. 6.