...sexuales o se les emplea en la industria de la pornografía infantil. Es una industria multimillonaria donde los niños ingresan por la fuerza o mediante engaños, se les priva de sus derechos, de su dignidad y de su infancia. La explotación sexual comercial condena a los niños a una de las formas más peligrosas de trabajo infantil, amenaza su salud mental y física, y atenta contra todos los aspectos de su desarrollo. Hay redes de corrupción de menores todos los años, a quienes además se les incautan miles de fotografías y vídeos de menores, que serán vendidas de particular a particular o mediante catálogo y casi siempre en países distintos al de procedencia para evitar su posible identificación. La prostitución en general se ha definido tradicionalmente como la unión sexual con una mujer por una remuneración u otra contraprestación. Esta definición ha sufrido transformaciones últimamente y ha dejado de limitarse a las mujeres, por un lado, y a la unión sexual, por otro. Entre los tipos más graves y detestables de violencia contra los niños figura la explotación sexual, especialmente la prostitución. Es comparable a la tortura en cuanto al trauma causado al niño y constituye una de las formas más graves de conculcar sus derechos. Está en aumento a escala mundial y constituye un sector rentable que produce anualmente beneficios netos por un monto de 5.000 millones de dólares de los EE.UU....
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...5. Algunos críticos dicen que la política de poner a la gente primero no produce utilidades elevadas, sino que las utilidades elevadas permiten establecer una política de poner a la gente primero. ¿Está de acuerdo? No estoy de acuerdo, creo que más allá de la tecnología, procesos y estrategias, la gente es el máximo agente transformador. Se ha demostrado que causas como un pobre liderazgo, resistencia al cambio, incompatibilidad de culturas e inadecuada capacitación son causas comunes de por qué fallan las transformaciones organizacionales. Si bien es cierto existen instituciones con utilidades altas y que no son consideradas como buenos lugares para trabajar las cuales compensan la falta de interés en su trabajador con buenos y jugosos bonos de productividad, pero también es cierto que hoy en día la gente que trabaja le da la misma importancia a su vida persona que a su vida laboral, es decir, ya no todo es trabajo. Creo que con el pasar de los años la gente es mas consciente de esto y muchas de ellas no duran mucho tiempo en un lugar donde no se sientan cómodos para trabajar. Creo que para toda persona que labora dentro de una institución es básico sentirse importante, sentir que es parte de ella. Cada vez hay más pruebas de que las organizaciones de éxito ponen a la gente primero. Los administradores han aprendido que los empleados de su organización son su única ventaja competitiva ya que es más difícil de emular una fuerza de trabajo compuesta por personas bien preparadas...
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...TEORÍA Y COMPORTAMIENTO ORGANIZACIONAL DILEMA ÉTICO: IS GOAL-SETTING MANIPULATION? Introducción Este dilema habla sobre como los gerentes, están interesados en el tema de la motivación porque quieren aprender a sacar el máximo esfuerzo por parte de sus empleados. Se cuestiona si en el proceso de motivación se lleva acabo manipulación de parte de la gerencia. Preguntas El libro define manipulación como (1) manejar, administrar o utilizar, especialmente con habilidad, en algún proceso de tratamiento o de rendimiento, (2) controlar o influir con habilidad artística, (3) adaptar o cambiar para ajustarse a un propósito o una ventaja. Luego nos pregunta que con esto en mente contestemos las siguientes preguntas: 1. ¿Será la fijación de metas (goal setting) ético? La fijación de metas es ético siempre y cuando se cumpla con los derechos laborables. 2. ¿Cuándo los gerentes establecen metas difíciles y específicas para los empleados, no los están manipulando? Cuando los gerentes le establecen metas difíciles y especificas a los empleados no significa manipulación de parte de la gerencia. La gerencia hace esto (goal-setting theory) para que el empleado ponga más esfuerzo y desempeño en el trabajo. Las metas que son difíciles de lograr y específica tienden a incrementar el rendimiento del empleado. 3. ¿ Las definiciones de manipulación, son compatibles con la noción hábil de los gerentes buscando influenciar en la productividad del empleado, para el beneficio...
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...Check Point Financial Forecasting November 12, 2012 The most comprehensive means of financial forecasting is to develop a series of pro forma, or projected, financial statements. Financial forecast is about the pro-forma income statement, cash budget, and pro-forma balance sheet. The statements are often required by bankers and other lenders as a guide for the future. A brand new company needs to have sales projection plan, production plan, and have a pro forma income statement because it is a new business, so it would not have any prior financial reports. If there was a new business that I would trying to open, I would have to know, how much money products are going to cost, how much revenue. I would need to make and what is expected of the business. Family owned company, would need the same thing. It is still treated like a brand new company because you still need financial reports, which are production plan, cash balance and sales projections to get the banks to finance and to know how the bill are going to be paid. A long-standing corporation is a little different because they have been there longer and there are more financial statements. There are pro-forma income statements, cash budget, and other budgets used together equal pro-forma balance sheet are used by business small and large to obtain lending, set production levels, forecast sales, and forecast profits. There is an end budget plan because the business has been there longer, than the other...
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...Snapple – The best stuff on earth Snapple was founded in 1972 East Meadow NY as Unadulterated Food Products. It had a huge growth spurt with case sales doubling in 1990. Sales reached $516Mand had a return of 195.8%. Quaker Oats & its Strategy Quaker Oats is an American food conglomerate. The story of Quaker Oats’ success is one of a company led by a strong management effectively growing in the face of increasing competition and economic cycles through internal and inorganic growth. Its non-beverage businesses were growing only at 1% in real terms. It had a 10% growth target set, and that target was accomplished through acquisition strategy. To maintain this growth rate the management felt that Snapple presented highly compatible product offering. Overall, the company has used a growth through acquisition strategy and diversification. Diversity is necessary to secure the whole company’s survival. In addition, Quaker Oats thought they had the resources to make Snapple expand internationally. Gatorade Acquisition - A Huge Success Purchase of Gatorade in 1983 (as part of the Stokely-Van Camp purchase) catapulted Quaker to the top of an untapped beverage segment that, to this day, dominates 80% of the market. This deal was vital to Quaker’s long-term success. The company attributed success to its global sales and marketing team. Quaker acquired Gatorade in 1983 for $238M. Since it experienced a 22% compound growth rate with US Sales going from $122M in 1984 to $1.2B...
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...Introduction Managing the risk of changing prices of gold is central to the business strategy of American Barrick Resources Corp., one of North America's largest and most successful gold-mining firms. The case contrasts this firm's hedging policies with those of its rivals that do not hedge and details the wide range of hedging products (gold loans, forwards, options, and spot deferred contracts) used to manage price risk. In 1992 the management of American Barrick is pleasantly surprised by unexpected new gold finds, but this new production places demands on the firm's hedging program and tests the firm's commitment to hedging when prices of gold and of many hedging vehicles are unattractive. The gold mining industry has been heavily impacted by the fluctuating gold prices and continuously rising operating costs. Hedging gold prices has become important to ensure financial stability in a sector where mines are unprofitable due to high volatility. Through this case we question the value created by hedging and analyse various instruments to decide upon the best available instrument to Barrick. In this document we explore: 1. Popular theories of hedging and focus on hedging in the gold industry. 2. Analyse features and risk of the gold hedging program at Barrick. 3. Analyse characteristics of Barrick’s gold hedging program. In this document we conclude that value of hedging gold prices creates value for shareholders especially when other firms remain exposed. ...
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...Introduction Deutsche Brauerei (DB) is a German company owned by 16 Schweitzer family members. It was founded in 1737, and has been in the family for 12 generations. DB manufactures two types of beer; light and dark. Both are well known and have won quality awards. The case centers around the financing of the company’s expansion into the Ukrainian market (and possibly further into Eastern Europe) and its impact on financial planning, future dividends and employee compensation. Background Facts A fire destroyed the manufacturing plant in 1994. New equipment was purchased. The new equipment was more efficient and was capable of increasing the capacity. Once DB expanded into the Ukraine (1998), the additional capacity became necessary. The move into the Ukrainian market was very risky because in 1995 and 1996, their government was privatizing a lot of the free market. This did not impact DB. For the Ukrainian market, Oleg Pinchuk was hired to market the beer very aggressively. He was stolen from a major Ukrainian rival. He had instant success because the beer was considered to be richer than the domestic competition. Also, the market was very fragmented which is easier for a newcomer to have instant success. The DB beer in Germany served its markets through a network of independent distributors. The distributors purchased the beer, stored the beer in their refrigerated warehouses and then sold the beer to their customers. Since the Ukrainian market...
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...Import Export Pakistan Legislation Terms and Definition Posted on June 19, 2008 by Imran [pic][pic][pic] Bill of Lading for Import Export Pakistan A bill of lading (also referred to as a BOL or B/L) is a document issued by a carrier , e.g. a ship’s master or by a company’s shipping department, acknowledging that specified goods have been received on board as cargo for conveyance to a named place for delivery to the consignee who is usually identified. Care (Customers Administrative) for Import Export Pakistan Care stands for Customs Administrative Reforms and it is a project of the Central Board of Revenue overseeing reforms in Pakistan Customs. The project was initiated in February 2002. Since its inception CARE has carried out research and development work to enhance the efficiency of the department. Cost and Freight (CFR) for Import Export Pakistan Cost and Freight (CFR) means that the seller pays for transportation to the Port of Loading (POL), loading and freight . The buyer pays for the insurance and transportation of the goods from the Port of Discharge (POD) to his factory . The passing of risk occurs when the goods pass the ship ’s rail at the port of shipment which means that this term cannot be used for airfreight or land transport and also is inappropriate for most containerised sea shipments. Cost, Insurance and Freight (CIF) for Import Export Pakistan Cost, Insurance and Freight (CIF) is a common term in a sales contract that may be encountered in international...
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...Professor Crocker H. Liu | Financial Management, Spring 2000 Tire City Case Frequently Asked Questions | | Note: What I'm trying to make you do is THINK! To read things carefully. To make judgements for yourself without your parents/teachers telling you what to do. This is an INDIVIDUAL project and therefore, anyone who cheats will be given an F in the course. Marine Corp. slogan: The weak quit when they experience pain, the strong quit only when the mission is accomplished. Hawaiian: ho'oikaika Collaborating with Others: * I would like to know if we can work on the case with another student to make things a bit easier and more productive, but still hand in separate copies. If you wish to discuss the case with another student that's fine. However, if you are "borrowing his spreadsheet" and modifying it slightly and/or "lifting his analysis" but putting it in your own words the answer is NO!! It's always easier to work in a group but there is too much free ridership. I HATE remoras (a tiny fish that gets a free ride and free eats but sticking to the belly of a shark). Also, you already know the grade you'll be getting if your report and spreadsheet resemble another student's. I don't make idle threats. In Class Example: * I was wondering whether you were going to post a completed version of the Financial Planning Spreadsheet on the net. As far as posting a completed version of the Financial Planning Spreadsheet on the net, it is already in your Financial...
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...Assignment #2: First Steps Educational Program 08/15/2013 Financial Accounting Professor: Dr. Wendy Achilles Abstract First Steps Educational Program is a program that will incorporate traditional educational methods and Montessori methods. The program will educate students from the age of 2 – 17 years old. Teachers will identify their learning styles early in the program and will create a program that best fits their educational journey. The school will begin in Mississippi and other low performing areas to offer parents and students an alternative to education. Lastly, the school will give back to the community by giving under privileged students scholarships and also a fund will be set up to help build new schools in Haiti. First, with First Steps Educational Program , I will describe the type of business that I have created including: (a) the product or service, and general staffing plan. I will also provide a rationale for my plan, (b) the form of my business and the benefits it offers my particular business, and (c) a chart of accounts specific to my business, including a rationale as to the selection of each account, the sources of those resources (liabilities and equity), the sources of revenue and expenditures that I expect to incur to earn those revenues. I will build a detailed chart that includes business units, divisions, product lines, etc.) Next, I will analyze whether I will...
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...Weatherfield Limited trades as The Private Clinic (TPC), one of the longest established private hospitals in the city.TPC has 220 beds in addition to a well established Daycare and Outpatient clinic, generating annual revenues in excess of €60 million per annum.TPC primarily bills the main health insurer in the country, as well as three smaller other healthcare insurers who represent just 5% of the total billings to the insurers. TPC also has a small number of private uninsured patients, many of them people from outside the country. TPC bill their insurer customers as soon as the bills are ready to submit, with all medical details and doctor sign offs in place, and the insurers pay twice a month, with a very detailed remittance advice specifying which claims have been paid (and to what extent, and which claims have been cut in part, rejected in full or deferred seeking further information or details). Approximately 90% of claims by number (but slightly less by value) are paid on time by the insurers (many of them at an agreed fixed price for the more typical procedures), but once a claim has been queried or rejected it can take up to nine months or more to be resolved and paid. The insurers will pend, query or reject claims for a variety of reasons, quite typically because the person is no longer a valid insured member but also because the insurers believe the treatment that the member has received was excessive or unjustified and thus unduly expensive for the insurer. TPC...
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...Financial Performance | -73.50 | 211.50 | 8.54 | 0.41 | Market Performance | 0.00 | 0.65 | 0.10 | 0.39 | Marketing Effectiveness | 0.00 | 0.82 | 0.20 | 0.60 | Investment in Future | 0.00 | 468.30 | 1.01 | 2.73 | Wealth | -2.12 | 5.21 | 0.41 | 0.78 | Human Resource Management | 0.00 | 0.82 | 0.21 | 0.70 | Asset Management | 0.00 | 2.10 | 0.33 | 1.30 | Manufacturing Productivity | 0.00 | 1.00 | 0.22 | 0.49 | Financial Risk | 0.00 | 1.00 | 0.27 | 0.99 | A2. B1 Until Quarter four I did not fully grasp the purpose of the Pro forma statements. I did not understand that the pro-forma was a projection of your decisions that you were making in the current quarter. Had I closely analyzed my Pro forma statement in quarter two I would have seen that I had set my demand for my sales team at zero and overspent in production. My revenue was not enough to cover the cost of production and overhead. Just by doing the simple math using my Pro-forma sheet I could have quickly assessed that the Revenues of +$990,900 would not cover the Cost of production-$576,338 and an excess capacity cost of -$491,524. Q1 my largest investment was in $470,000 in the sales office. I chose to open offices in Tokyo and New York since the market research showed this would be the best investment for my targeted segments Traveler and Mercedes. I invested $120,000 in market research, which was a very important resource throughout the simulation I wanted make sure I didn’t overspend during the first quarter...
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...Toy World, Inc. 1) What factors could Mr. McClintock consider in deciding whether or not to adopt the level production plan? Answer: In evaluating whether his company should switch to the level production plan, McClintock should consider the following factors: 1. Additional financing requirements under level production plan: Switching to the level production plan means that the company will have to buy more inventories during low season months to maintain certain level of production, which will result in a longer inventory shelf time and the company’s cash cycle. The longer cash cycle in turn requires more working capital. McClintock needs to assess how much additional working capital this will entail and whether the current credit limit of $2 million is sufficient to provide coverage or if loan renegotiating with bank is possible. 2. Risk of holding higher level of inventory: There is associated risk with holding higher level of inventory especially if expected sales are not realized. The company can end up with unsold inventory, while having to repay a larger loan and higher inventory holding cost. McClintock needs to evaluate if the potential benefits gained from switching to level production plan will outweigh its risk of higher inventory carrying cost. 3. Firm Value and Opportunity Cost: By switching to the level production plan, the company will have to increase its working capital requirements. Any increase in working capital generates negative...
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...3 Components To A Successful Concept July 17, 2008 The only way to create a financially successful restaurant, in any market, is to have sales great enough to cover your costs--including your development costs. Today’s blog topic is my follow up to last week’s thoughts on seeing the unseen. Sometimes coming up with a concept seems like magic, but generally it is a result of a lot of research because seeing the unseen is more than hocus pocus. There are three components to examining a market and coming up with a successful concept: Economic Feasibility The economic feasibility is first looking at demographics and psychographics (sometimes values and lifestyles), some of which is statistical and some of it is pure observation. As an example, if the per capita income for San Francisco and Berkeley are the same, what really separates the two neighboring cities? The answer: Lifestyles. In San Francisco, you see the car of choice being BMW’s and Mercedes Benz, in Berkeley it would be Saabs and Volvos; for clothing in San Francisco it is probably Armani and Zegna, in Berkeley it is Levis and Patagonia. San Francisco values urban cool environments and in Berkeley it is sustainable and responsible kitchens. Everything works but the kind of restaurant you would do in Berkeley may not be as successful if done in San Francisco, or Kansas City or Atlanta. Part two of the economic feasibility is looking for the “best demonstrated” performance. Examine your trade area to see...
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...MODULE 1, ASSIGNMENT 3 September 12, 2013 Topics: Performance Management, Financial Management and Financial Reporting Overview In this assignment, candidates get a chance to apply all the steps except for steps 6 and 9 in the Steps for Approaching Business and Corporate Strategy to a small business case. As mentioned previously, these steps provide candidates with a systematic approach for addressing a case involving business-level strategic issues. Applying this approach effectively is one of the important competencies that candidates will learn in the CMA Canada Professional Programs. The starting point for solving a business problem is to analyze the current situation and identify the problems that need to be addressed. A major component of the situational analysis is to take a close look at the environments within which an organization finds itself. One of the methods commonly used in such an environmental analysis is “SWOT” (an acronym for Strengths, Weaknesses, Opportunities and Threats), which considers the strengths and weaknesses in the internal environment as well as the opportunities and threats in the external environment. Candidates can refer to the required reading Situational Analysis Tools mentioned below for more information on how to go about doing a SWOT analysis. The next major step is to identify the issues and analyze various alternatives for addressing the major issues. In this case, a shortage of available cash is a major issue and needs to be addressed...
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