...Financial Analysis Tools Nicola Maclin American Military University Managers should have the ability to assess performance of decisions they have made or intend to make, through structured and robust financial analysis. Managers need tools to forecast or predict as they struggle to make decisions on a daily basis to execute business strategy for the company. Financial analysis tools can drive projections and predictions in many areas of the business, from planning for production and distribution to decisions on a product or service. Managers can use these tools to both assess and improve business performance. Performance evaluation is an important component of managing a business. Managers need feedback to evaluate how well they have accomplished business strategy and managed key business process. Managers need to be able to link strategy with profitability. Financial analysis tools can help provide that much needed feedback. Financial data can be used to compute ratios analysis. These financial ratios gives managers the first look at the company’s vital signs and is used to assess a complete financial health and identify operational problems. Ratio analysis allows management to quickly and efficiently address concerns like: return on capital investment and the company’s profit margin. Ratio analysis can be an effective and useful management tool if ratios are calculated on items that are meaningful and where practical steps can be taken to make improvements in...
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...05/09/2014 Instructor: Marie Bengtsson Course: Classic Leadership and Organization Dilemmas SWOT ANALYSIS: The basic strategic tool through history (?) It is generally known that in order to be competitive in a market, one must be able to see the strengths, weaknesses, opportunities and threats that lay the fundament of success in the organization. This analysis, is one of today’s perhaps most frequently used tools when analysing a company’s possibilities to be successful in the modern market situation. Moreover, the question is; where does this tool derive from? Is SWOT analysis a natural instinct of strategy that has been used throughout mankind, or is it constructed? Out of this natural perspective on the SWOT- analysis different tactics emerge. To begin answering this question, there will initially look back on the historical, cultural and social aspects that could be traced to be the core of the SWOT concept. Then the discussion will move on, to a practical application on a historical event and also a modern example where the SWOT can be identified. We will see the evolution of it, throughout ages and time. In order to understand our allegation, we must go back in time and see where these strategic notions “took birth”. No matter if we are in favour of religious philosophy, or the Darwin’s evolution theory, we can easily see early clues of actual swot analysis, but of course not as it is known today. On the first hand we have God as the ultimate strategist. He...
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...Analysis Tools Unit 5 Individual Project ACCT205-1205B02 Instructor Jean Riese AIU Online Kristina M Langan February 10, 2013 Overtsock.com (the company) received some negative publicity in 2010 after the company made their relationship with external auditors. The company then had to restate their published financial statements going back to 2008. The surrounding issues were that overstock.com had improperly deferred income that it earned but had under-billed its fulfillment partners during prior reporting periods (Q3 of 2008 and before) by moving these such incomes to different future reporting periods (Q4 of 2008, Q1 of 2009, Q2 of 2009, and Q3 of 2009). So this means overstock.com took prior reporting period income (Q3 of 2008 and before) and moved it to future reporting periods (Q4 of 2008 and later) because this materially overstated its financial performances in these later reporting periods. (Anatar, 2010). The Big O also admitted that it incorrectly amortized the expense related to restrict stock units based on the actual three year vesting schedule rather than a three year straight line amortization and applied an outdated forfeiture rate in calculating its expenses under the plans. While they were at it, they threw a bunch of other corrections that were not material either individually or in the aggregate, as the saying goes (Newquist, 2010). Once this type of magnitude is reached by an accounting error, it generally involves a number of top-lever company...
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...TABLE OF CONTENTS Situational Analysis 3 Alternatives 7 Decision Criteria 11 Action Plan 12 In 1910, Black & Decker was founded by two 23 year olds S. Duncan Black, and Alonzo G. Decker in Baltimore. 73 years after receiving its first patent, Black & Decker was the world’s largest producer of power tools, power tool accessories, electric lawn and garden tools, and residential security hardware. The brand has also made its successful foray into households with products such as the DustBuster, and Spacemaker amongst other things. The franchise also holds nearly 30% of market share overall in the US power tools market. With strong segment shares in the professional industrial and consumer market at...
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...Team D-1’s Analysis Of The Black & Decker Corporation in 2000 Executive Summary Black & Decker had always been a market leader in the power tools industry. Many changes took place that helped out in the company in the short run, but hurt in the long run. In 2000 Black and Decker Corporation was still reeling from the financial and strategic problems stemming from the company's acquisition of Emhart Corporation in 1989. In late 1998 Black & Decker management celebrated the completion of an almost decade-long effort to divest nonstrategic business gained through its 1989 acquisition of Emhart Corporation and expected the company to enter a long-awaited period of growth as its entire management refocused its attention on its core power tools, plumbing, and security hardware business. Archibald believed that "This portfolio restructuring will allow us to focus on core operations that can deliver dependable and superior operating and financial results." However the portfolio restructuring did little to improve the market performance of the company's securities. Yet Archibald and the management continued to express confidence that the company's streamline portfolio would allow Black & Decker to achieve revenue and earnings growth that the market would find impressive. So far the 1998 divestitures have not produced steady increases in the company's stock price, but look promising for the future due to the efforts to refocus efforts on the successful power tools line. Strategic...
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...Hamilton Power Tools marketed industrial products by catering to constructional and industrial tool market. Their construction product lines included power trowels, power trowels, concrete vibrators, generators and power driven tools. Their industrial lines were primarily pneumatic tools: drills, screwdrivers etc. One of their products – gasoline-powered chain saw was slightly different from the above tools. Mr. Campagna, the marketing manager for Hamilton Power Tools knew that the chain saw industry primarily catered to following markets:-Professionals (lumberjacks), farmers, institutions and casual users. Among these casual user segment was considered to be the future growth market. Hamilton Power Tools thus hired Consumer Metrics of Chicago to conduct two research projects. The first one was a projective technique known as Thematic Apperception Test(TAT) using picture response techniques. The basic premise of TAT research is that it in an unstructured and indirect manner encourages respondents to project their emotions, needs, motives, attitude and values at a sub-conscious level. Purpose of research: The research was primarily exploratory to gain insights into reasons why people make certain purchases. Mr. Campagna also wanted to get a flavour of language people use in talking about chain saw. Analysis of method: The research was conducted in states of Illionois and Wisconsin. People who were selected for TAT were screened on basis of whether they planned to purchase...
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...Activity 1: Building a New Structure – Problem Analysis Here are the most common causes of fiber network malfunctions: • Broken fibers because of physical stress or excessive bending • Insufficient transmitting power • Excessive signal loss due to a cable span that’s too long • Excessive signal loss due to a contaminated connector • Excessive signal loss due to faulty splices or connectors • Excessive signal loss due to having too many splices or connectors • Faulty connection of fiber to the patch panel or in the splice tray Typically, if a connection is completely dead, it’s because of a break in the cable. However, if the connection is intermittent, there are several possible causes: • The cable’s attenuation may be too high because of poor quality splices or too many splices. • Things like dust, fingerprints, scratches, and humidity can contaminate connectors. • There is low transmitter strength. • There are bad connections in the wiring closet. Some tools to assist in determining the issue with the network would be: Cable fault finder - fault locator, cable and wire manager and tone generator Electrical Contractor Telecom Kits - these kits contain essential industry standard telecommunications tools and test equipment. Voltage Detector - provides protection against hazardous voltages. Punchdown Tool - termination tool allows you to terminate jacks. Modular Crimper Cable Strippers Once you find the problem, you have to repair it. Besides the...
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...extracted gas from underground wells. Electrical and Electronic. The E & E segment was Cooper’s largest in 1988, generating one-half of corporate sales and 57% of operating profits. Cooper had entered this segment with the 1981 purchase of Crouse-hinds. By 1988, E&E had four sub-segments, each representing quite diverse business, but all focused on the mature North American market that accounted for over 90 percent of segment sales. Commercial and industrial. In the commercial and industrial segmen Cooper participated in the non-powered handtool and window treatment business, and in the automotive aftermarket. In the Tool group, consolidation of acquisitions was completed and new manufacturing of acquisitions was completed and new manufacturing facilities constructed by 1988, and the company held the preeminent market position in most of its tool lines. Compression, drilling and energy equipment Compression and drilling segment had been Cooper’s largest in 1981, generating over 50% of revenues and over 60% of operating profit. However, the collapse of the energy industrgy in the early and mid-1980s caused sales of oil and natural gas equipment to fall preipitously. By 1988, this segment accounted for 21 percent of Cooper sales and less than 10 percent of income. II. List of Questions • What is...
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...Notes for using the Job Analysis template Job analysis is an in-depth study of a job (not the person in the job). It provides information for job descriptions. In doing the analysis, you will need to gather information about the job, eg by interviewing employees, observing performance of certain tasks, asking employees to fill out questionnaires and worksheets, and collecting information about a job from other sources such as related units of competency. Whatever sources you use to get basic information on what the job entails, the analysis should end up with written results that can be reviewed by the incumbent, or other employees who know the job. During the review, duties, competencies, knowledge, skills, abilities, and other characteristics of the job can be added, deleted or modified. Job analysis is designed to provide a reliable method of quickly and effectively identifying critical competencies (ie knowledge, skills and abilities) and establishing the qualifications for a job or role. The step-by-step process below will assist you to complete a job analysis using the template provided. |Process |Explanation | |Step 1. Understand the job |Start by developing a complete understanding of the position. This is the foundation on which training (and | |including duties and tasks |other human resources processes) is based. The basis...
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...Oakland, CA 94601 IS535 - Managerial Applications of Information Technology Milestone 1 Refocusing Mission Tool & Mfg., Co. Dale Reynolds DeVry University Refocusing Mission Tool & Mfg., Co. 1. The Subject Mission Tool & Mfg., Co. (MTM) has an internal problem which I believe could be resolved by a propose solution. MTM can benefit with this proposition, as well as resolve its many financial issues that it’s facing with the bad economy and still trying to compete in the manufacturing business without spending an arm and a leg. MTM has an overall IT costs that are too high to be spent on while trying to gain profit and stay in the manufacturing competition. With this proposition MTM could also make employees work more users friendly and the company can gain independency by not being dependent to local company’s network. With this MTM can be more efficient by getting rid of all the paper work that is cluttering and hard to organize to be found by any employee or personnel that needs documents. 2. Company Background Mission Tool & Mfg., Co. Mission Tool is a business specializing in precision stamped and machined components. They have capabilities to suit every need, ranging from those of a start-up company through to the demands of a thriving corporation. The plant is located in Hayward, CA and is based on nearly 40 years of experience, Mission Tool utilizes the talents of a dedicated staff coupled with the latest in high-technology machining, stamping and...
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...To: Chad Thomas Founder Chad's Creative Concepts From: Subject: Chad's Creative Concepts Date: Jan. 07, 2015 Chad's Creative Concepts is a small custom furniture manufacturing company that has earned a reputation for innovative designs and excellent quality by focusing production on specialty designed furniture. Chad's Creative Concepts has grown substantially and has caused significant problems between standardized furniture and specialty designed furniture production. The problems concern external operations and internal operations of manufacturing. Chad's Creative Concepts has to set priorities to schedule different orders. Orders for low running and high running furniture pieces are being accepted because sales have increased. Chad's Creative Concepts has not increased the amount of equipment or capacity needed to handle the business growth. Low running and high running furniture pieces are now competing for the same manufacturing capacity. Chad's Creative Concepts has to emphasize the importance of on time delivery and manufacturing costs. Low running furniture pieces and high running furniture piece have a different set of priorities. Sales and marketing have not considered the conflict between dedicating equipment to standardized pieces and specialty equipment for custom pieces. Producing standard furniture pieces has created significant growth for the company. The growth has also caused the cost of inventory and operational costs to increase...
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...For 85 years, the Williams Machine Tool Company had provided quality products to its clients, becoming the third largest U.S.-based machine tool company by 1990. The company was highly profitable and had an extremely low employee turnover rate. Pay and benefits were excellent. Between 1980 and 1990, the company’s profits soared to record levels. The company’s success was due to one product line of standard manufacturing machine tools. Williams spent most of its time and effort looking for ways to improve its bread-and-butter product line rather than to develop new products. The product line was so successful that companies were willing to modify their production lines around these machine tools rather than asking Williams for major modifications to the machine tools. By 1990, Williams Company was extremely complacent, expecting this phenomenal success with one product line to continue for 20 to 25 more years. The recession of the early 1990s forced management to realign their thinking. Cutbacks in production had decreased the demand for the standard machine tools. More and more customers were asking for either major modifications to the standard machine tools or a completely new product design. The marketplace was changing and senior management recognized that a new strategic focus was necessary. However, lower-level management and the work force, especially engineering, were strongly resisting a change. The employees, many of them with over 20 years of employment at Williams...
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...In this individual paper, we would like you to consider how you might use the tools from the Leading Teams course to develop your leadership skills over the coming year. This assignment has two goals: • Nudge you into practicing the tools and concepts discussed in class. • Launch your leadership development efforts now, at the beginning of the program. Assignment length: Because I want you to put the majority of your effort into "doing" and "thinking" (drawing lessons from the experience, deciding on next steps), we are going to keep the writing part short. 3 pages maximum, double spaced. Due date: Tuesday, September 2, 5 pm (via Turnitin on Blackboard) (Note the due date has been moved back by one day) Preparation: Step 1: Identify a leadership skill you would like to develop, and a tool or framework from the course that might help you to do so. For example, you might decide that you want to develop the emotional facet of your leadership, and will use one of the emotion management tools to do this. Step 2: Apply the tool or framework multiple times over the coming two-week period. • IMPORTANT: Get started now. The time investment can (and should) be short (a few minutes a day), but could not usefully be crammed into the last day. • Be creative. If you can think of a novel way to apply some of the course ideas, great. The important thing is that you do something. • Track what you are doing. Step 3: Reflect on what...
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...Determine which pieces of equipment are critical to the operation (can’t run without it). 2. Write PM’s on these pieces of equipment (I have a few written already) using the owners manuals as your starting point. Chances are your PM’s will look nothing like your originals once you are rolling. 3. Inventory your spare parts using the total quantities to determine the proper storage location. You want to make sure that you are not storing a bunch of “air”. Most likely you will start to run out of locations once you expand, so it is better to “right size” the parts up front the best you can. You will also continue to move parts in the storeroom as the min/max change or you determine that you do not need to stock that part anymore. 4. Determine your storeroom location labeling system and mark/label the locations so that you have a location to store the materials. 5. Enter the location in the parts data within bigfoot. It would be beneficial to also enter the quantities at that point. Once you have the part numbers/locations/qtys in place, I would have the techs communicate to the storeroom what parts were checked out so that inventory numbers can be updated. I would suggest you get the techs attaching the parts in the system ASAP to help keep inventory numbers accurate. This is not easy. Once you have a working system, you enter in the part number information for whatever supplier you are going to use to source parts. Our current part numbers are based on the equipment manufacturer...
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... Here my objective is to choose between one and three of these solutions of a module and create a 2-3 page report on. A few of the questions that I will briefly but clearly explain are what do I think of the purpose of the tool represented? What do I think can be learned from these tools? In what situations do I think these too would be useful? How can or could I apply these tools in my organization, career, or personal life? And last but not least my overall evaluation of the tools mentioned? Purpose The purpose of the SAP business object is for the NCIS is to have the opportunity to track all criminal activity in real time, identify crime trends, and allocate resources effectively. NCIS also uses this software to report to the U.S. Congress and justify funding. The next question asked was what I learned from these tools? A few of the items that I learned that I thought could not be possible was how amazing how this tool provided NCIS the opportunity to become proactive. NCIS went from solving crimes to actually preventing, investigating and solving them before they actually happen. The other question that I was asked to discuss was how I think that this tool would be useful. According to Ofelia Perotti, who is a analytical cell division chief at NCIS. She states within this article that “Congress allocates funds specifically for different functions. For example if certain...
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