...1. Advertising Agency – E We believe the matching industry is Company E. As a service firm it does not containinventory. It will also have zero inventory turnover. Through research we learned that the media purchase is made on behalf of the client which means that the accounts receivable and accounts payable would be roughly equal to one another. In addition, the receivable collection period(RCP) is greater than 30 days which is common in business to business firms. Also, the firm hasa low debt to asset ratio and this is again because the advertising agency industry has noinventory. 2. Airline Industry-M We feel like industry M best suits this industry. Similar to the advertising industry the Airlineindustry the airline industry is also a service industry. Meaning the level of inventory is alsozero. More importantly however, this industry’s main assets include fleets of airplanes and this will reflect a high plant and equipment percentage. The receivables collection period (days) forindustry M is 12, because in this service industry the receivables collection period is short this.Also, most of the sales are processed quickly many in cash therefore their account receivableswill also reflect a low number. For this reason we feel that letter M fits the description for theairline industry. 3. Bookstore Chain-B The matching industry is B. Bookstore chains are part of the retail market and their plant andequipment is relatively high. Also, the inventory of the...
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...: Eagle Industry Case 1. Why are office products frequently chosen as a lead commodity in strategic sourcing efforts? In an effort to reduce the overall costs associated with the purchases of the outside goods and services, though the office supplies were not the largest part, it’s chosen for variety of reasons: a. With office supplies, there is no difficulties in comparison and substitution as there is very little or no differentiation among the suppliers and products. b. Also, with initial understanding obtained from the data, quick hit opportunities are present for savings. 2. What observations can you develop about Eagle's SKU usage, prices they pay and contracts they currently use? a. About the SKU usage, the there were broad range of products as well as individual items purchased per category. b. The prices Eagle paid with large difference in the prices for the identical items by the same supplier. Also, there was a greater variance across the vendors for the prices on some items as 50% or more. c. The spending was made through three suppliers-two are contract and one catalog supplier. The prices for the identical items by same supplier varied. The variance was even greater across the vendors. Though the catalog supplier used promotional pricing, price comparison shoed that the non-discounted items were prices premium as compared to contract suppliers. 3. Discuss potential implementation barriers. Though the office supplies category...
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...Financial Statement Analysis: Identify the Industry Case Team 6 Industry Traits After researching balance sheets, income statements and financial ratios surrounding the industries in discussion, the below traits have been identified for each industry: Financial industry * High receivables and payables (loans) * High Interest expensed * Little inventory * High net income * High equity ratio Retail industry * Lots of inventory (especially Finished goods) * Low gross profit percentage * Low debt due to risky business High technology * High Research and Development * High gross profit * High liability Service industry * Little inventory * High shareholder equity * High receivables * High gross profit * High net income * No r & d Capital intensive * Liquor industry may have high inventories * Airline industry may be more capital intensive * Low liability * Low equity * Low net income Categorizing the Companies Company 1 - Retail Industry (Grocery) (right answer) This company appears to be associated with the retail industry. Compared to the other companies, Company 1 has (1) the lowest gross profit and gross margin; (2) fairly high inventory; (3) no R&D; (4) moderate property, plant & equipment costs; and (5) high finished goods. Historically, grocery stores are a low margin industry and since they do not “create” a product to sell they do not invest money into R&D...
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...CASE ENAGER INDUSTRIES I didn't get it. I’ve got a nifty new product proposal that can’t help but make money, and top management turns thumbs down. No matter how we rice that new item, we expect to make $390,000 on it pretax. That would contribute over 15 cents per share to our earnings after taxes, which is more than the 10 cent earnings per-share increase in 2003 that the president make such a big thing about in the shareholders’ annual report. It just doesn’t make sense for the president to touting e.p.s. while his subordinates are rejecting profitable projects like this one. The frustated speaker was Sarah McNeil, product development manager of the Consumer Products Division of Enager Industries, Inc. Enager was a relatively new company, which had grown rapidly to its 2003 sales level of over $222 million (see Exhibits 1 and 2 for its financial data for 2002 and 2003). Enager had three divisions – Consumer Products, Industrial Products, and Professional Services – each of which accounted for about one-third of Enager’s total sales. Consumer Products, the oldest of the three divisions, designed, manufactured, and marketed a line of houseware items, primarily for use in the kitchen. The Industrial Products Division built one-of-a-kind machine tools to customer specifications (i.e., it was a large “job shop”), with a typical job taking several months to complete. The professional Services Division, the newest of the three, had been added to Enager by acquiring a large firm...
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...Environmental assessment of bio-based polymers and natural fibres Dr. Martin Patel*), Dr. Catia Bastioli**), Dr. Luigi Marini**), Dipl.-Geoökol. Eduard Würdinger***) *) Utrecht University, Department of Science, Technology and Society (STS), Copernicus Institute, Padualaan 14, NL-3584 CH Utrecht, Netherlands; Phone: +31 30 253 7634; Fax: +31 30 253 7601; E-mail: m.patel@chem.uu.nl **) Novamont, Via Fauser 8, I-28100 Novara, Italy; Phone: +39 0321 699 611; Fax: +39 0321 699 600; E-mail: bastioli@materbi.com, marini@materbi.com ***) BIFA (Bavarian Institute of Applied Environmental Research and Technology), Am Mittleren Moos 46, D-86167 Augsburg, Germany; Phone: +49 821 7000-181; Fax: +49 821 7000-100; Email: ewuerdinger@bifa.de Table of Contents 1. INTRODUCTION 2. HISTORICAL OUTLINE 3. METHODOLOGY OF LCA 4. PRESENTATION OF COMPARATIVE DATA 4.1 STARCH POLYMERS 4.1.1 Starch polymer pellets 4.1.2 Starch polymer loose fills 4.1.3 Starch polymer films and bags 4.1.4 Starch nanoparticles as fillers in tyres 4.2 POLYHYDROXYALKANOATES (PHA) 4.3 POLYLACTIDES (PLA) 4.4 OTHER POLYMERS BASED ON RENEWABLE RESOURCES 4.5 NATURAL FIBRES 5. SUMMARISING COMPARISON 6. DISCUSSION 7. CONCLUSIONS 7.1 7.2 SUMMARY AND FURTHER ELABORATION OF FINDINGS OUTLOOK AND PERSPECTIVES 8. ACKNOWLEDGEMENTS 1 9. REFERENCES ANNEX 1: OVERVIEW OF ENVIRONMENTAL LIFE CYCLE COMPARISONS FOR BIODEGRADABLE POLYMERS INCLUDED IN THIS REVIEW ANNEX 2:...
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...A – Online Book Seller A would be the online book store because it has high inventories and low account recievables. An online bookstore E - Advertising agency The letter E has been assigned to the ad agency. It does not have an inventory hence there is no inventory turnover ratio. F- Computer Software Developer F is the computer software developer because it has low inventories, low plants and equipment G - Commercial Bank G is a commercial bank because I has no inventory. Along with that it has a high accounts receivable and accounts payable. It also has a high revenue to total assets ratio. At 2.067 with the latter ratio and no inventories, this would be a commercial bank. I – Bookstore Chain L- Electric and Gas L is Electric and gas utility services because it has a large amount for Plant and equipment on its balance sheet. Along with that it has a revenue/total assets ratio of 0.423. The large P&E account along with a low revenue/total assets ratio suggest that it is an electric and gas utility company. M - Airlines The Letter M has been assigned to airlines mainly because of 2 factors. First it has no inventories and therefore having an inventory turnover ratio is not applicable. And second, it has a very low accounts receivable. That is characteristic of an airline since most of its sales are done on a payment basis. N - Health Maintenance Organization N is a health maintenance organization because it has no inventory. Along with that it has a very high...
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...from electricity and natural gas sales which are a form of natural emissions in one way or another. Plant and equipment tends to be high in this industry as there is heavy machinery in power plants used to convert natural gas into electricity/ transform energy into usable power. It happens to be 60% of total assets. Another figure that leads to our decision is long-term debt of 32%, which is quite high compared to other industries, which makes sense given their high plant and equipment percentage. This tells us most of their financing comes from borrowings, making this a highly leveraged industry. Also, their inventory turnover ratio of 2.3 correlates with their low inventory percentage of 3%, which essentially tells us, they are not incurring many costs of goods sold. Moreover, the profit margin here is at .09, which is higher than most of the other industries, and it is safe to say that is due to the fact there is not much competition within this industry. A. Column A gives us data matching that of an Online Retailer. To begin, their inventory is at 19% of assets, which is higher than majority of the other industries mentioned. This can be easily explained by the fact that they are selling products to generate revenue, whether to customers or businesses. Managing inventory can sometimes be difficult in the online retailer industry because much in depth and tracking of sales is necessary as you are more than likely carrying a wide variety of products. Plant and equipment is...
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...this analysis, are contained in the appendix that follows the recommendations. The appendix is comprised of seven exhibits, and these exhibits are referenced in the recommendations. This recommendation includes introducing global topping preferences across different nations, entering the frozen pizza market and allowing premade Papa John’s pizza to be sold in stores, and opening dine-in restaurants. Papa John's can capitalize on these new growth and improvement opportunities, to increase their revenues, efficiencies, and customer base. Recommendation Papa John’s is the world’s third largest pizza chain, trailing Pizza Hut and Dominos. (Exhibit 4, pg. 11) Although Papa John’s has established a notable amount of success in the industry, to have only existed for a shorter period of time than its rivals, there are existing opportunities that would help Papa John’s to gain competitive advantage and build on its core competencies. Currently Papa John’s is known for its commitment of quality ingredient and quality pizza. (Exhibit 6, pg. 13) Because Papa John’s has a base of customers that already trust the company to deliver great value, this gives Papa an advantage in capitalizing on the segment of health conscious consumers. (Exhibit 1, pg. 6) Papa John’s should introduce whole wheat pizza and other organic ingredient and toppings that are low in calories to attract consumers that feel that pizza isn’t a healthy choice. Papa John’s should also make changes to its distribution...
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...1. Introduction This paper presents and discusses how an entrepreneur in this ever changing world strives to become an international firm. This case study of an Omani firm Renaissance Services SAOG (hereafter, Services) explains and shows us the growth on international scale of a family owned business. In order to understand the case, several key components were identified, and were analyzed to see its text book validity. Each component is critically analyzed as the case study progresses. 1.1Introduction of the Firm As an entrepreneurial firm in 1996, Services has progressed immensely across the globe. Its chairman and founder Samir Fancy had a crystal clear vision and by disclosing it to every Tom, Dick and Harry of the firm, Services gradually progressed on international level. The firm is primarily an oil and gas industry services company, and is listed on the Muscat Securities Market in Oman. It has an excellent offshore fleet of vessels, and is counted among the world’s top ten in providing global oil and gas industry service. According to its official website (http://www.renaissanceoman.com), Services has over 12,000 employs, operating in over 16 countries. The 2012 revenue of the firm was US$ 0.67 Billion. Apart from this sector, Services also engages in several other services related sectors, such as marine engineering, media communication, and also engages itself in education and training. The firm also engages itself in Corporate Social Responsibility, by...
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...The Case of the Unidentified Industries-2006 1. Advertising Agency –E We believe the matching industry is Company E. As a service firm it does not contain inventory. It will also have zero inventory turnover. Through research we learned that the media purchase is made on behalf of the client which means that the accounts receivable and accounts payable would be roughly equal to one another. In addition, the receivable collection period (RCP) is greater than 30 days which is common in business to business firms. Also, the firm has a low debt to asset ratio and this is again because the advertising agency industry has no inventory. 2. Airline Industry-M We feel like industry M best suits this industry. Similar to the advertising industry the Airline industry the airline industry is also a service industry. Meaning the level of inventory is also zero. More importantly however, this industry’s main assets include fleets of airplanes and this will reflect a high plant and equipment percentage. The receivables collection period (days) for industry M is 12, because in this service industry the receivables collection period is short this. Also, most of the sales are processed quickly many in cash therefore their account receivables will also reflect a low number. For this reason we feel that letter M fits the description for the airline industry. 3. Bookstore Chain-B The matching industry is B. Bookstore chains are part of the retail market and their plant...
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...The Case of the Unidentified Industries-2006 | | In this case, a summary sheet which contains 14 sets of financial data from 14 different industries is provided. The task is to match 14 different firms with 14 industries by distinguishing the differences (e.g. sources of financing, profitability, the inventory turnover and the accounts receivable collection period) in the financial structures. 1. Advertising agency: the matching industry is E. As a service firm, it does not contain inventory, so first of all, it can be narrowed down to E, G, M, and N. And generally B to B firms provide credit terms to their customers which result in receivables collection periods(RCP) is larger than 30 days, therefore it can be further narrow to E,G,N. Furthermore, based on the given hint, the media purchase is made on behalf of the client, which means the account receivable and account payable should be roughly equal, since the agency does not pay for the media services until their client pays. 2. Airline: the matching industry is M. Similar to Ad agency, it is a service firm, so its inventory is zero as well (G, M, N), and moreover, it is also a Business to Customer firm, its RCP is relative short(less than 30 days), so only M (RCP=12) is left which matches the description. 3. Bookstore chain: the matching industry is B. Retail firms like bookstore chain are likely to have shorter RCP (less than 30 days), which means only A, B, H, I, K and M match this description. Furthermore...
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...| The Case of the Unidentified Industries-2006 | | In this case, a summary sheet which contains 14 sets of financial data from 14 different industries is provided. The task is to match 14 different firms with 14 industries by distinguishing the differences (e.g. sources of financing, profitability, the inventory turnover and the accounts receivable collection period) in the financial structures. 1. Advertising agency: the matching industry is E. As a service firm, it does not contain inventory, so first of all, it can be narrowed down to E, G, M, and N. And generally B to B firms provide credit terms to their customers which result in receivables collection periods(RCP) is larger than 30 days, therefore it can be further narrow to E,G,N. Furthermore, based on the given hint, the media purchase is made on behalf of the client, which means the account receivable and account payable should be roughly equal, since the agency does not pay for the media services until their client pays. 2. Airline: the matching industry is M. Similar to Ad agency, it is a service firm, so its inventory is zero as well (G, M, N), and moreover, it is also a Business to Customer firm, its RCP is relative short(less than 30 days), so only M (RCP=12) is left which matches the description. 3. Bookstore chain: the matching industry is B. Retail firms like bookstore chain are likely to have shorter RCP (less than 30 days), which means only A, B, H, I, K and M match this description...
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...Mining Industry Case Analysis | Business Ethics in a Global Context | Presented To: Dr. Jang Singh | | | | Executive Summary This report will examine the Mining Industry via ethical perspectives. This report includes a brief overview of the industry followed by an evaluation of the Mining industry’s value chain; including an environmental analysis of a mining company, as well as an evaluation of the industry’s corporate social responsibility, corporate social responsiveness and finally the corporate social performance. The Mining Industry is one of the World’s largest industries. The ‘idea’ of mining dates back to the beginning stage of civilization. Some examples of early mining can be found in Egypt, Europe and the Philippines. As of now, top mining countries are South Africa, Russia, Australia, Ukraine and Guinea. This industry faces constant technology advancement, consequently it is an expensive investment, with large profit. The Mining Industry can be controversial when looked through an ethical lens. This Industry is analysed through four perspectives. * The utilitarianism perspective, an act is morally right if the outcome benefits the greatest amount of people; * The rights perspective, basically, important entitlements that should be respected and protected in every action; * The justice perspective, fair treatment of individuals in a situation where everyone is involved and gets what they deserve to; * The virtue perspective, morally...
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...CJ Industries and Heavey Pumps – Discussion Questions 1. What are all the issues here, from both CJI’s and Heavey’s perspectives, that need to be researched by Mr. Ashby? CJ Industries (CJI) The first issue presented for CJ Industries was its contract with Great Lakes. Though CJI had sufficient excess capacity to ramp up production on the parts to be supplied in the Great Lakes’ contract, they were not sure about the ability or willingness of Heavey Pumps to increase their production of the bilge pumps. The problem is that CJ Industries had signed the contract with Great Lakes prior to any discussions about ramping up production with Heavey Pumps. The next issue for CJ Industries was whether or not Heavey Pumps could guarantee delivery of 50 pumps per month to one of the CJI warehouses. This had been the one item that had “slipped through the cracks” on the contract with Great Lakes, and it now loomed as something that could conceivably put the contract in jeopardy. This could have been prevented by developing and keeping quality and performance history records on Heavey Pumps – supplier evaluation. Continuing, there were also at least two other bilge pump manufacturers, thus, CJ Industries may need to consider another supplier. Finally, CJ Industries could make the bilge pumps in-house. CJ Industries had the capability to make this pump, but it would require an initial capital investment of approx. $500,000 according to the CJ Industries production manager, along with...
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...|Module Code | | | |Assignment Sequence | |2 | | | |C | |O | |M | |P | |3 ...
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