...lessons earlier. They indicated that many announcements in everyday make them feel this is wasting times. And they have said that frankly, these were nothings of their businesses, because they barely joined any clubs or competitions. If any schoolmates really need information from those announcements, the clubs or competitions instructors should announce them privately, but not do it in the morning assembly that holding other students’ times. Or if there are businesses all students ought to know, it is better hold during breaks in order to not deferring lessons. Schoolmates prefer join it at classrooms. Despite in summer or winter, we, students are all stand on the playground for the morning assembly without any shield. We stood under severe sunshine and we trembled with chilly wind. Further more, we need to be prepared for rainy day, and to worry if the rain fell. Moreover, it spends us a lot of times taking turn to go to classrooms. Therefore, we would like to ask to change it into conducting morning assembly at classrooms. Finally, schoolmates ask for holding morning assembly alternately is also regarded. Each form of students is also bustle with the process of syllabus. Meanwhile, we need to spend about 30 minutes on the morning assembly each day, inevitably. And 30 minutes are doubtless helpful to our progresses on the syllabus. If...
Words: 405 - Pages: 2
...Caso 3er Parcial Nike, Inc: Cost of Capital Equipo número 3 Karen Saavedra A01128884 Margarita Menéndez A0112 Ana Karen Jáuregui A0112 Diana Reyes A0112 INTRODUCTION History and Background of NorthPoint Group Founded as an importer of Japanese shoes, Nike has grown to be the world's largest marketer of athletic footwear, holding a global market share of approximately 37 percent. In the United States, Nike products are sold through about 22,000 retail accounts; worldwide, the company's products are sold in more than 160 countries. Both domestically and overseas Nike operates retail stores, including Nike Towns and factory outlets. This is a mutual fund management firm that invests money mostly in Fortune 500 companies. Its top holdings include Exxon mobile, General Motors, McDonalds, 3M and other large-cap. The stock market declined over the last 18 months. NorthPoint large-cap Fund performed extremely well, actually, in 2000, the fund earned a return of 20.7% even as the S&P 500 fell to 10.1%. At the end of June 2001, the fund`s year to date returns stood at 6.4% versus -7.3% for the S&P 500. It was considered the athletic shoe manufacturer. Since 1997, its revenues had landed at around $9 billion dollars. On the other hand, the net income had fallen from almost $800 million to $580 million. The market share in U.S. athletic shoes had fell from 48% in 1997 to 42% in 2000. This was caused by the adverse effect of a strong dollar...
Words: 1746 - Pages: 7
...processed with these changes At receiving plant no. 1 (RP1), trucks would arrive randomly throughout the day, with a random amount of berries, anywhere from 20 to 400 bbls. In order to utilize transport vehicles more effectively, there should be crews scheduled differently on peak days. It only takes 5 to 10 minutes to unload a truck into a Kiwanne dumper, but the backup would occur when the holding bins were full, causing drivers to have waits up to 3 hours. The backup is not occurring in receiving, so now additional crews are necessary at that station. All feed conveyors are in use during peak times so no new crews need to be added there. However, there seems to be a backup occurring in the bagging station. Instead of keeping the fourth bagging machine as a spare, they should add another five-member team to operate the fourth bagging machine during peak hours. This would result in an additional 2,667 bbls per 12-hour period, or a total of 10,667 bbls per 12-hour period. The additional crews and adding of a bagging station would reduce the number of berries that need to be in holding, and cut down on wait time for the transport trucks. Calculations: 8,000 bbls/3 bagging machines = 2,667 bbls per machine per 12-hour period 4 bagging machines times 2,667 bbls per machine = 10,667 bbls per 12-hour period 10,667 bbls per 12- hour period means 21,333 bbls per 24-hour period 2. Would the installation of a berry grader positively impact the farmers’...
Words: 1194 - Pages: 5
...Institutional holding and market friction Ping-Wen Sun Louisiana State University psun1@lsu.edu Abstract This study investigates the relationship between the institutional holding and the stock’s market friction measure. According to Sun’s (2007) findings, I use Hou and Moskowitz’s (2005) price delay measure (D1) and Liu’s (2006) liquidity measure (LM12) to proxy for a stock’s market friction. I find that a higher total institutional holding tends to decrease a stock’s price delay measure, but institutional holding exhibits a U-shaped relationship with a stock’s LM12 measure. However, as the number of institutions increases, the stock’s market friction decreases. In terms of different types of institutional holdings, higher total block holding or higher top five institutional holding of a stock increases a stock’s market friction level. Furthermore, in contrast to Agarwal’s (2007) findings, higher independent long term institutional holding and risk averse institutional holding tends to decrease a stock’s market friction level. Institutional holding and market friction Abstract This study investigates the relationship between the institutional holding and the stock’s market friction measure. According to Sun’s (2007) findings, I use Hou and Moskowitz’s (2005) price delay measure (D1) and Liu’s (2006) liquidity measure (LM12) to proxy for a stock’s market friction. I find that a higher total institutional holding tends to decrease a stock’s price delay measure, but institutional...
Words: 6255 - Pages: 26
...ebony blanket, not a single glittery beads or shining emerald could be seen. Then my gaze flicked on the alarm clock beside me. 0330 was the number plastered on the plastic surface of the square alarm clock with red lights. “Papa should be here” I uttered the words with my little child voice. As I laid myself in a fetal position, holding close to my chest the picture-perfect moment captured by the piece of paper, was my beloved family. Mummy was wearing a vermillion dress that showed her slender figure smiling timidly with her eyes closed as daddy land a kiss on her forehead, standing handsomely with the black tuxedo. I stood in the middle, focusing on the camera with my eyes widen as big as I could as I feared that the flash of the camera make me blinked my glistened jovial eyes. Out of the blue, I heard footsteps coming from downstairs and before I could move, the light from outside loomed into my bedroom as he door has a slither opening. I ran towards the door with my small steps and the seconds I hold the knob, there standing in front of me was my father. “I’m sorry dear, I should read you a bedtime story now” he said with a penitent smile, holding me inside his embrace. Sunlight kissed my eyelids and soon my retinas started accustomed to the piercing ray of the eye of heaven. The tranquil ambiance filled my bedroom as I land my gaze to the lush green leaves dangling from the pine tree next to the window. I darted to the veranda, slamming the door open to see if the sleek...
Words: 977 - Pages: 4
...estratégico de la compañía, interpretar la estrategia corporativa, aplicarla en la cadena de suministros de tal forma que se logre la rentabilidad esperada por la compañía. La planeación estratégica es el proceso secuencial que debe realizar la empresa para proyectarse y lograr desarrollarse en un ambiente turbulento, veloz, exigente y violento. Para poder afrontar el reto de competir en los mercados, deben adaptarse e interactuar de manera armónica con el entorno. Ejemplo: Holding Se refiere a la compañía socia o dueña de un grupo de empresas con fines comunes, éste se conforma con el fin de controlar sus actividades de un mismo mercado, lo cual asegura que las empresas que forman parte del Holding tengan acceso a materia prima, logística, transporte, financiación, etc. Los Holdings son considerados como una forma de integración y colaboración empresarial, pueden controlar toda la cadena o proceso de un bien o servicio, teniendo en cuenta que se deben minimizar riesgos y maximizar utilidades. Holding dedicado a la fabricación y comercialización de productos de construcción, se aplicará el modelo de planeación estratégica logística. Una vez analizado el direccionamiento estratégico de la compañía, es importante las macro actividades de cómo deben interactuar para lograr las utilidades esperadas por los socios. Siendo estas: planeación para el cliente, abastecimiento, producción, almacenamiento, distribución y transporte donde cada una aportara con actividades como conocer...
Words: 1178 - Pages: 5
...The Effect of Running on Holding a Plank For my groups experiment we decided that our experimental question is going to be “Can you hold a plank longer if you run.” Hypothesis- My hypothesis in this experiment is that if you run before you hold your plank, the plank will not last as long. I think that the plank will not last as long because you will be tired from the running and also you will not have that much energy left. Method and materials- In this experiment I did not really need that many materials because we were testing people to see if the hypothesis was correct or not. In this experiment the dependent variable would be how long you would be able to hold the plank when you were running and how long you were holing the plank without running. The independent variable would be to see how the running affects the amount of time you can hold the plank. To make the test consistent each person has to run for exactly two minutes and then immediately without taking a break go into a plank. To also make the test fair and true I would have to make sure that everyone is on the same type of surface when holding the plank. In this experiment there will four people testing my experiment. There will also be doing three trails. Everyone would be doing the same thing. First, they would run and then hold a plank and then the second time they will not run but just hold the plank. Discussion and conclusion-The conclusion was my hypothesis was correct. I thought that the plank...
Words: 485 - Pages: 2
...different motives. According to Keynes (1936) these motives are: a transaction motive, precautionary motive and speculative motive. Based upon these three motives we explain why U.S. firms hold a lot of cash. The first motive for holding cash is the precautionary motive (Keynes, 1936), which tells us that firms hold extra cash to be prepared for sudden uncertainty - a risk which cannot be hedged. Bates et al. (2009) states that an increase in idiosyncratic risk leads to an increase in cash flow volatility. This volatility increase evolves in an increase in the volatility of unhedgeable risk. A reaction to unhedgeable risk is to hold more cash. You want to have some savings when you have to do unexpected expenses. Research (Bartram, 2009) shows that U.S. firms are more exposed to idiosyncratic risk than foreign firms. This is due to several country characteristics. Because U.S. firms face larger exposures to idiosyncratic risks than foreign firms do, they will have more cash holdings. Moreover, there has been an increase in earnings volatility for U.S. firms over the past decades (Boileau and Moyen, 2012). This increase in volatility and, thus, risk is compensated by an increase in cash holdings and credit lines. So one might say that U.S. firms are holding too much cash, but this is seems quite legit when looking at their exposures to unseen losses/ sudden risks. Another precautionary motive (Keynes, 1936), but also a speculative motive, to hold cash is to use real estate. Real...
Words: 1067 - Pages: 5
...I. Various Modes of Entry that can be used by companies to enter foreign markets 1. Exporting: Exporting is the process of selling of goods and services produced in one country to other countries * Direct Exports * Indirect Exports A brief discussion on the advantages and disadvantages and the legalities involved in the export process. 2. Licensing: An international licensing agreement allows foreign firms, either exclusively or non-exclusively to manufacture a proprietor’s product for a fixed term in a specific market. A brief discussion on the advantages and disadvantages and the legalities involved in the process to acquire or grant a license. 3. Franchising: A system in which semi-independent business owners (franchisees) pay fees and royalties to a parent company (franchiser) in return for the right to become identified with its trademark, to sell its products or services, and often to use its business format and system A brief discussion on the advantages and disadvantages and the legalities involved in the process of becoming or appointing a franchisor / franchisee. 4. Turnkey Projects: A turnkey project refers to a project when clients pay contractors to design and construct new facilities and train personnel. A turnkey project is way for a foreign company to export its process and technology to other countries by building a plant in that country. A brief discussion on the advantages and disadvantages and the legalities involved in...
Words: 332 - Pages: 2
...Modes of entry into an International Business:- There are some basic decisions that the firm must take before foreign expansion like: which markets to enter, when to enter those markets, and on what scale. Which foreign markets? -The choice based on nation’s long run profit potential. -Look in detail at economic and political factors which influence foreign markets. -Long run benefits of doing business in a country depends on following factors: - Size of market (in terms of demographics) - The present wealth of consumer markets (purchasing power) - Nature of competition By considering such factors firm can rank countries in terms of their attractiveness and long-run profit. Timing of entry:- It is important to consider the timing of entry. Entry is early when an international business enters a foreign market before other foreign firms. And late when it enters after other international businesses. The advantage is when firms enters early in the foreign market commonly known as first-mover advantages First mover advantage;- 1. it’s the ability to prevent rivals and capture demand by establishing a strong brand name. 2. Ability to build sales volume in that country. so that they can drive them out of market. 3. Ability to create customer relationship. Disadvantage: 1.firm has to devote effort, time and expense to learning the rules of the country. 2.risk is high for business failure(probability increases if business enters a national market...
Words: 1860 - Pages: 8
...paper will discuss a company profile for Berkshire Hathaway. This profile will include a brief history of Berkshire Hathaway's humble beginnings as a textile manufacturer, and subsequent diversification into a successful powerhouse holdings company that has spread it's risk into a variety of industries. These industries include insurance, utilities, building materials, furniture, jewelry, apparel and food companies. This paper will examine Berkshire's recent financial situation over the last 5 years. while touching on the CEO compensation package. The CEO behind this conglomerate, Warren Buffet, is considered to be one of the greatest investors of the 20th Century. Since Buffet took over in 1965, with his 20% majority share of ownership, Berkshire Hathaway, has grown to include over 50 firms under the corporate name. For the last 36 years , "The Oracle of Omaha" as Warren Buffet is known, has lived by a simple philosophy to invest in strong managed companies that produced good products but were inherently undervalued in the market. (Hoover's, 2013) This paper will also discuss Berkshire's competition for their major industries. Company Profile Berkshire Hathaway Inc. is an American multinational conglomerate holding company that has subsidiaries in the manufacturing, retail, and service industries and most importantly reinsurance companies. The company itself was founded by Oliver Chase back in 1889 in New Bedford, MA, under the name Berkshire Cotton...
Words: 1444 - Pages: 6
...on gender play a role in Ho Ching’s influence. Is Ho Ching an influential leader? Why or why not? Ho Ching is an influential leader based on the reading passage. She is influential because she is the wife of Singapore’s Prime minister. This means that she has the ear of one of the nation’s most powerful men on an almost daily basis. Ho Ching says that she and her husband engage in spirited debates because they do not always agree. By engaging in these debates, she attempts to influence her husband’s opinion. Ho Ching is also influential because of her position as the chief executive of Temasek Holdings where she manages a portfolio of $50 billion. She acquired this position through influence gained from education, experience and in part through family connections. Ho Ching has the power to influence many markets throughout Asia as the chief executive of a powerful holding firm. Based on the excerpt from Ho Ching’s speech, what type of tactics did she use to influence the behavior of others? Ho Ching uses inspirational appeals, ingratiation, and rational persuasion to influence listeners during her speech. Ho Ching says “the sparkle is beginning to return” to Asia. Ching intends to inspire pride in the...
Words: 696 - Pages: 3
...PART 1- An entity’s status as VIE/non-VIE has changed? ASC 810-10-35-4 identifies five specific types of events that lead to reconsideration of VIE status, and ASC 810-10-35-4 also provides guidance on the circumstances in which the entity has incurred operating losses since the initial determination date, stating, “A legal entity that previously was not subject to the Variable Interest Entities Subsections shall not become subject to them simply because of losses in excess of its expected losses that reduce the equity investment” (emphasis added). Consequently, if the amount of the equity investment at risk at the entity’s inception (or when a reporting entity first became involved with the entity) was determined to be sufficient, losses later incurred by that entity do not by themselves require a reporting entity to reconsider whether the entity has sufficient equity in accordance with ASC 810-10-15-14(a). A reporting entity must consider all pertinent facts and circumstances in assessing whether an event that meets the criteria in ASC 810-10-35-4(a) through 35-4(e) has occurred. Insignificant events do not always result in a reconsideration of an entity’s VIE status. An event’s significance depends on whether the event appears to have changed the sufficiency of equity investment at risk or on whether the characteristics of the holders of equity investment at risk have changed. (For guidance on isolating the impact of a change under ASC 810-10-35-4(a) through 35-4(e), see...
Words: 4421 - Pages: 18
...Problems on Aggregate Production Planning 1. Planners of a company have obtained information regarding the forecasted demand of a product as follows: Period 1 2 3 4 5 6 Total Forecast 200 200 300 400 500 200 1800 Costs Regular time: $2/unit Overtime: $3/unit Subcontract: $6/unit Inventory: $1/unit Backorder: $5/unit They now want to evaluate a plan that calls for a steady rate of regular-time output, mainly using inventory to absorb the uneven demand but allowing some backlog. Overtime and subcontracting are not used because they want steady output. They intend to start with zero inventory on hand in the first period. Prepare an aggregate plan and determine its cost using the preceding information. Assume a level output rate of 300 units per period with regular time. Note that the planned inventory is zero. There are 15 workers, each can produce 20 units per period. 2. Suppose that the regular output rate drops to 290 units per period in the above problem due to an expected change in production requirements. Costs will not change. Prepare an aggregate plan and compute its total cost for each of these alternatives: a. Use overtime at a fixed rate of 20 units per period as needed. Plan an ending inventory of zero for period 6. Backlogs cannot exceed 90 units per period. b. Use subcontracting at a maximum rate of 50 units per period; the usage need not be the same in every period. Have an ending inventory of zero in the last period. Again backlogs cannot...
Words: 1139 - Pages: 5
...------------------------------------------------- Nirma Limited * Nirma is one of the few names - which is instantly recognized as a true Indian brand, which took on mighty multinationals and rewrote the marketing rules to win the heart of princess, i.e. the consumer. * Nirma, the proverbial ‘Rags to Riches’ saga of Dr. Karsanbhai Patel, is a classic example of the success of Indian entrepreneurship in the face of stiff competition. * Starting as a one-man operation in 1969, today, it has about 14, 000 employee-base and annual turnover is above Rs. 25, 00 crores. * Largest player in Indian detergent market with share of 38% * Second largest toilet soap marketer of India with market share of 20% * 35 Depots, More than 2000 distributors, 2 million retailers and 400 million end users History:- Era of 1969- 1980 * The root of Nirma was established in 1969, when Karsanbhai Patel started door-to-door selling of his detergent powder, priced at an astonishing Rs. 3 per kg, when the available cheapest rand in the market was Rs. 13 per kg. * It was really an innovative, quality product – with indigenous process, packaging and low-profiled marketing, which changed the habit of Indian housewives’ for washing their clothes. * In a short span, Nirma created an entirely new market segment in domestic marketplace 1980:- * Private limited company was formed * The performance of Nirma during the decade of 1980s has been labelled as ‘Marketing...
Words: 1259 - Pages: 6
