...While I was working on a school PowerPoint group project presentation, team work was important. Our group met to discuss what information we would need on the presentation. Next we choose who could do best on what part. When I was younger I worked as a manager at a fast food restaurant. When preparing fast food, team work and great communication were a must. Without effective team work it’s easy to fall behind. All persons on the shift had a job to do, be it cashier, cook, or filler bagger. These jobs working together insured a productive day. My experiences working with teams have been positive because I was able to learn from them. I learned how to talk to people with respect. On my present job I am a car sales consultant. In the auto sales business you have sales consultants, sales managers, and credit/finance specialist. There is also advertising to bring in customers. We all work as a team to move from one step to the next. The customer comes in looks around with a sales consultant. Once the customer picks out a car the sales consultant or sales manger completes the initial paper work. The finance specialist reviews how the car will be purchase and what type of credit or finance may be needed. Teams are used in the work place because some jobs cannot be completed individually, but can be completed as a team Teams are used in education, athletics, or the arts. In education teams are used in presentations or in doing research. Teams are a big part of most athletic...
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...for one of the largest package companies in the world. Frank and Carlson felt as though there was more to a job then just sorting out packages so they made the decision to purchase a local auto dealing business called Precision Auto Detailing. What Frank and Carlson plan on doing was to devote the early part of their day to their auto business while maintaining their 6 to 10 shifts at the packaging company. They both invested a total of $6000 to lease the building and buy tools and equipment. The building is located in a high-traffic area and has established a small base of clientele to whom some were local car dealers. Frank and Carlson kept the part-time employees who were already working there and try to earn other car dealers businesses by making a few phone calls. They wanted to provide their customers with top-notch service by picking up the vehicles they cleaned including inspections before they are returned. The price of their service ranged from $100-$250. Because of the service they provided their business grew rapidly and had to purchase new detailing equipment. The majority of the profits made went back into the company but was not enough to sustain their rapid growth. After running into Carlson he wanted me to explain to him on what he needed to do to get a loan to help finance the growth of their business. In this paper I will explain to Frank and Carlson via e-mail on coming up with a business plan and how to prepare an outline of elements they should include in...
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...INDIAN AUTO INDUSTRY …. the way forward Presentation bySunil Kakkar General Manager (SupplyChain) Maruti Suzuki India Ltd Indian auto industry : Among the top 10 in world Two Wheelers Small Cars Commercial Vehicles 2nd 3rd 5th Automobile Industry – A Global Hub • • • • • 15 manufacturers of passenger cars and multi-utility vehicles, 9 manufacturers of commercial vehicles, 16 manufacturers two/ three wheelers, 14 manufacturers tractors, 5 manufacturers of engines. Key drivers for the growth of Indian Auto industry Finance Availability Poor public transport system Improved Infrastructure Low car penetration Key drivers Rising Family Income Exchange of Cars Favorable duty structure Changing lifestyle Impact of infrastructure 2 key projects of strategic importance for India NHDP project: • Largest highway development project • Golden quadrilateral - Connects 4 metros • NSEW project – Connecting North, South & East, West lengths of India Rapid Urbanization Urban Percentage of Total Population Rising GDP per Capita Per Capita GDP (US $) 2010 2011 2012 2013 2014 2015 Accelerated overall growth of other industrial segments …..a key enabler to fuel auto demand Indian Pockets growing Deeper Annual Income (INR) Number of Households in 2010(million) Expected Households in 2015 (million) More than1000000 1.2 3.3 500000-1000000 2.4 5.5 200000-500000 ...
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...Ford Motor Company Petris Irina Group 310 Contents General Presentation 3 Ford in Romania 4 Competitors 4 SWOT Analysis 5 Bibliography 6 General Presentation Ford Motor Company is an American multinational corporation which is ranked 3rd in the world in automobile production. Ford has always been in the top ten largest companies in the world by revenue and in 1999 was among the most profitable companies in the world and the second largest automobile manufacturer in the world. Type | Stock Company | Founded | June, 17, 1903 | Industry | Automobile | Products | Cars, vans | Area | Worldwide | Net profit | 5.664 billion USD | Total equity | 190.6 bilion USD | Employees | 160.000 | Henry Ford's combination of efficient factories, workers well paid and low prices revolutionized the automotive world and this process was known as "Fordism". . Ford is the largest company in the world belonging to a single family, the Ford family it’s in the management of more than 100 years. Ford in Romania In 2007, Ford offered 57 million euros for 72.4% stake in Automobile Craiova. Ford officially took over Automobile Craiova in March 2008. The new shareholder modernization project began in May 2008 and in spring 2009 he bought a packet acquired 22% stake held by SIF Oltenia Automobile Craiva. Automobile production at Ford's Craiova began on September 8, 2009, but at a very low rate, with about 10 cars per day, producing by the end...
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...going hand in hand with forecourt outlet, frequently random to the transport business. The engine fuel part has confronted numerous challenging circumstances lately because of the political agitation in universal oil supplier areas, and the issues with supply that this lack of determination has brought on. Government impose climbs and beyond reconciliation rates of supply and interest have initiated fuel costs to rocket lately, which, when joined by budgetary challenges inside the Uk framework, have made the business sector troublesome for the Uk shopper. Worldwide concerns encompassing the earth have urged oil organizations to wind up additional responsible, accompanying the Bp Deepwater Horizon oil slick in 2010. An ascent in "green" autos is additionally evacuating potential custom, yet the need of fuel for numerous suburbanites and parts of general society has constantly guaranteed that the business looks after a decent footing in the forecourt...
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...Abstract Businesses today face heightened expectations around their role in society and the world, with turning a profit only one of many criteria by which performance is measured. Rising in importance is the impact a company has on its stakeholders, society, and even the planet. Integrated reporting, which encompasses elements of traditional financial reporting, sustainability reporting, and governance reporting within a single presentation, represents a growing trend that reflects these new expectations. The core concept underlying the term “integrated reporting” is providing one report that fully integrates a company’s financial and non-financial (including environmental, social, governance and intangibles) information. Integrated reporting offers the opportunity to centre business reporting on strategy and value creation, to demonstrate how the business uses capital and the extent to which they should continue to be invested in business. Integrated reporting is a journey. Organizations are unlikely to achieve perfection in the first year. In the absence of a generally accepted framework, companies that wish to move toward integrated reporting may encounter several dilemmas around relevance, scope, assurance and other issues. However, as reporting processes for the production of the supporting information are designed and improved and as the executive team begins to benefit from a more informed implementation of the governing structures’ decision, reporting will improve...
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...equity community. Tad O’Malley, a second-year student at the Harvard Business School, accepted a position at Empire Investment Group. Ted received a call from his boss, Townsend “Sandy” Beech, the head of his four-person deal team and founding member of the firm. Sandy requested Tad, on a Friday afternoon, to review three presentations for possible buyout targets. Tad was to make a presentation at the partners’ meeting on Monday morning, recommending only one (1) investment and detailing the strengths and weaknesses of all three. The Empire Investment Group had a strong “brand name” and historically sponsored very successful business partnerships. The company was strong in “structuring deals” and had just recently added an advisory services operation as a way to expand its services internationally and provide deal flow. By 2005, Empire’s buyout unit consisted of 25 seasoned partners with a range of backgrounds that encompassed financial, consulting, and operations experience. The objective of a “leveraged buy-out” is to find companies, either domestically or internationally (or both), where Empire can utilize borrowed funds or debt to finance its acquisition. Often times a leveraged buy-out does not involve much committed capital (maybe a 70% debt to 30% equity) that will achieve high returns for Empire. Basically, Empire buys a company with debt, fixes the company, and sells it. After the purchase of the company, the debt to equity ratio is generally greater than...
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...CASE STUDIES – International Business Case Study 1 - Documentary Credit M/S Auto India Introduction M/S Auto India is a public limited company; they manufacture SUVs (sports utility vehicle), in technical collaboration with General Motors of USA. The company has established their manufacturing base at Ranjangaon in Pune. They have acquired an area of 250 acres and the total project cost is estimated at Rs 1500 crores. As per the projections, the company is slated to achieve a 25% market share in the Indian market, within a period of two years. Out of the total project cost, 49% is brought in by General Motors and the rest is tied up with financial institutions, international banks and Indian banks. The working capital is financed by a consortium of banks in which Global bank, Pune branch, is the leader. The company imports many parts of the car engine in a CKD (completely knocked down) condition from General Motors, Detroit, after establishing import letters of credit through its main bankers, Global Bank, Pune Branch. M/S Auto India approached Global Bank, Pune for opening of import letter of credit as per UCP ICC 600 for USD 100,000, on sight basis, in favour of General Motors, Detroit. Type of credit Application Applicant Beneficiary Issuing Bank Advising Bank Negotiating Bank Reimbursing Bank Availability Expiry Amount Merchandise Quantity and price - Irrevocable negotiable - UCP ICC 600 - M/S Auto India, Pune, India - M/S General Motors, Detroit, USA - Global Bank, Pune,...
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...down on energy pri... http://www.reuters.com/article/2012/09/17/brazil-economy-su... EDITION: U.S. Register Sign In Search News & Quotes Home Business Markets World Politics Tech Opinion Breakingviews Money Life Pictures Video ARTICLE Supreme Court to review law on minority voting rights - The Supreme Court agreed on Friday to review a legal challenge to the Voting Rights Act, a landmark law adopted in 1965 to protect African-American voters who had faced decades of discrimination at the polls. CONTINUE READING TOP NEWS TOP VIDEOS MARKETS US Indices Exclusive: Ally near $4 billion unit sale, GM seen in lead NEW YORK - Ally Financial Inc is nearing a deal to sell its auto financing operations in Europe and Latin America for around $4 billion, with General Motors Co emerging as the lead bidder if the company decides to sell those operations as a whole, two sources familiar with the situation said. Incoming Lockheed CEO fired after admitting to affair Citigroup to pay former executives more than $15 million each » More Top News DOW 4.07 12,815.39 +0.03% NASDAQ Wall St. up but Washington wary Apple falls from the tree » More Top Videos 9.29 2,904.87 +0.32% S&P 500 2.34 1,379.85 +0.17% MOST POPULAR Obama insists on tax hike for rich as part of fiscal deal | After Obama win, U.S. backs new U.N. arms treaty talks Iran says repelled unidentified plane from its airspace Boehner: "Obamacare is...
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...OFFICIAL ASSIGNMENT COVER SHEET | | |Student Name: |TEAM 2 [NK Jaketia, Yi Hui Lim, Radha Murugarajan, Omar Sharief] |Student Number: |NJ6801, | | | | | |YL5247, | | | | | |RM4712, | | | | | |OS5310 | | |Assignment Number: |FP |Title: |Dubai Islamic Bank | | |Professor’s Name: |Dr. Mark Esposito | | |Due Date: |14th Feb 2010 |Subject Code and Name: |MBA690- Strategic Management | | |DECLARATION OF ORIGINALITY OF WORK: | |I affirm that the attached work is entirely my own except where the words or ideas of other writers are specifically acknowledged through the use of inverted | |commas...
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...CASE STUDIES – International Business Case Study 1 - Documentary Credit M/S Auto India Introduction M/S Auto India is a public limited company; they manufacture SUVs (sports utility vehicle), in technical collaboration with General Motors of USA. The company has established their manufacturing base at Ranjangaon in Pune. They have acquired an area of 250 acres and the total project cost is estimated at Rs 1500 crores. As per the projections, the company is slated to achieve a 25% market share in the Indian market, within a period of two years. Out of the total project cost, 49% is brought in by General Motors and the rest is tied up with financial institutions, international banks and Indian banks. The working capital is financed by a consortium of banks in which Global bank, Pune branch, is the leader. The company imports many parts of the car engine in a CKD (completely knocked down) condition from General Motors, Detroit, after establishing import letters of credit through its main bankers, Global Bank, Pune Branch. M/S Auto India approached Global Bank, Pune for opening of import letter of credit as per UCP ICC 600 for USD 100,000, on sight basis, in favour of General Motors, Detroit. Type of credit Application Applicant Beneficiary Issuing Bank Advising Bank Negotiating Bank Reimbursing Bank Availability Expiry Amount Merchandise Quantity and price - Irrevocable negotiable - UCP ICC 600 - M/S Auto India, Pune, India - M/S General Motors, Detroit, USA - Global Bank, Pune,...
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...administrative problems in business and industry. The course will address global, technological, ethical, social, environmental, political, demographic, and legal issues in strategic decision making. METHODOLOGY: Lecture, cases, and a business simulation will be used in the class LEARNING OUTCOMES: The student will be able to: A) identify, explain, and demonstrate the general concepts, principles and terminology of management through active class discussions; develop a strategic problem solving approach via the Strategic Audit through class discussions of cases; B) develop oral and written skills through written tests, class discussions, and case assignments; C) integrate the various disciplines of management, marketing, finance, accounting, and other sub-disciplines through their application in case situations: and D) Present current events in business and evaluate and discuss them in accordance with management concepts. CLASS ATTENDANCE: In order to get the maximum benefit from Management Problems, you must read the assigned materials prior to the class meetings so that we can jointly and actively participate in the class discussions. THIS IS CRUCIAL FOR A CLASS SUCH AS THIS ONE WHICH FOCUSES ON CASE ANALYSIS. In that...
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...financial budget is what we call a cash budget. Cash Budget is the inflows and outflows of cash in a firm. It develops a summary of its operating, investing and financing activities. These activities will help us determine and observe how a firm creates their cash budget. This research aims to evaluate the cash budgeting process of JTU Marketing Auto Supply and to develop a recommendation, if necessary, for them to improve the said process. Most, if not all, small organizations do not have plans or budgets but still manages to survive and gain profit. This research could help organizations to realize and see that budgets would help them find out some problems in their organization. Also, the research could be used as a basis for an improved study regarding cash budgeting processes in different industries and larger firms since there are few studies than regarding the subject. Statement of the Problem This research aims to determine the effectiveness and efficiency of the cash budgeting process of JTU Marketing Auto Supply. The research aims to answer the following questions: 1. What is the cash budgeting process of JTU Marketing Auto Supply in terms of the following activities:...
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...School of Business ------------------------------------------------- Syllabus ECO/372 Version 4 Principles of Macroeconomics Whenever there is any question including about what assignments are due, please remember this syllabus is considered the ruling document. Group Number: GA11BSB08 Course Start Date: 07/17/2012 Course End Date: 08/14/20112 Course Schedule: Workshop 1 – July 17, 2012 Workshop 2 – July 24, 2012 Workshop 3 – July 31, 2012 Workshop 4 – Aug. 7, 2012 Workshop 5 – Aug. 14, 2012 FACILITATOR: Farooq A. Khan COURSE LOCATION, DAY AND TIME: Gardena Learning Center, Tuesday @ 6PM REQUIRED READING: Students are required to read all materials available at the Course Materials site for this course on https://ecampus.phoenix.edu/portal/portal/public/login.aspx | Course Syllabus School of Business ECO/372 Version 4 Principles of Macroeconomics | Copyright © 2012, 2008, 2007, 2006 by University of Phoenix. All rights reserved. Course Description This course provides students with the basic theories, concepts, terminology, and uses of macroeconomics. Students learn practical applications for macroeconomics in their personal and professional lives through assimilation of fundamental concepts and analysis of actual economic events. Policies Faculty and students will be held responsible for understanding and adhering to all policies contained within the following two documents: University policies:...
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...quick liquidity ratios, profit margin, asset utilization, DuPont ratio, and financial leverage for each. A distinction will be made between cash and accrual basis accounting. Also, an illustration will be shown as to how the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) conferences influence presentations. In addition to the other information, Learning Team B will explain the differences as to what happens when a company uses cash basis accounting versus accrual basis. Financial Analysis Computations ADP The original outsourcer, Automatic Data Processing (ADP) has still got it. ADP is one of the largest payroll and tax filing processors in the world, serving about 550,000 clients. Employer services (payroll processing, tax, and benefits administration services) account for the majority of the company's sales, and it’s PEO (Professional Employer Organization) services are provided through ADP Total Source. ADP also provides inventory and other computing and data services to some 25,000 auto, motorcycle, truck, and recreational vehicle dealers. Other offerings include accounting, auto collision estimates for insurers, employment background checks, desktop support, and business development training services (www.dailyfinance.com). Embraer Embraer is the second company Team B has chosen. Embraer is a Brazilian industrialized business that has developed into one of the three main civil aircraft manufacturer on the globe....
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