...•What is the outlook for the search industry as seen in 2004? What are Google’s strengths and weaknesses in its main business line? •Do you think Google should go public? To answer this question, list the pros and cons of doing an IPO, and assess these points in the context of Google. Consider Google’s competitive position in its industry, the market conditions, concerns of managers, firm’s financial health, etc. Pros and Cons of doing an IPO: Pros Cons An IPO allows a company to tap a wide pool of investors to provide itself with capital for future growth, repayment of debt or working capital. • Significant legal, accounting and marketing costs •Get new capital to sustain growth/improve financial position. • Ongoing requirement to disclose financial and business information •Greater liquidity for firm’s equity. • Meaningful time, effort and attention required of senior management •Potential increase in equity value. • Risk that required funding will not be raised •Diversification of initial share holders’ personal portfolios and easier transfer of ownership. • Public dissemination of information which may be useful to competitors, suppliers and customers Google would be under intense scrutiny from Wall Street because of many failed IPO’s for the past couple of years. They also have a lot of competition from Yahoo and Microsoft. An area of concern was that Microsoft might design a version of its text processing software that could block the access of...
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...Active Participant Parents need to be active participants in the life of their child. Your child learns by watching you, so be aware of what you project. Embrace your parenting job with enthusiasm, compassion, a sense of humor and a clear memory of what it’s like to be a child. Take the time to know your child’s personality and parent your child based on her strengths and weaknesses, according to family relationship expert, Dr. Gary Smalley. If your child is loyal, consistent and compliant because she wants your approval, a disapproving look or a soft word could rectify a misstep. A strong-willed, take-charge and independent child, however, requires more discipline. Nurturer Whether you are male or female, you can nurture your child. You can demonstrate unconditional love by addressing the behavior and not the character of the child when applying correction, advises KidsHealth. Express forgiveness when your child shows remorse for a misdeed. If you know what behaviors are mistakes or age-appropriate exploration, you can make allowances for those behaviors in ways that encourage your child to grow and learn. Employ positive reinforcement when you set limits and keep your expectations realistic and appropriate to your child’s development and abilities. Your toddler probably won’t sit still for several hours and your teen isn’t going to blindly accept everything you say. Teacher A large part of your job as parent is to teach your child what he needs to become a productive...
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...Name Tutor Institution Date Christianity is the main theme in the short story, “A Good Man is Hard to Find” by Flannery. From the story, it is impossible to understand and interpret the short story without keeping O’Connor’s Christian background in your focus. Her primary subjects, in regard to Frederick J. Hoffman, was the struggle to get redemption, searching for Jesus and get meaning of "prophesy”. From the three subjects, the search for Jesus and struggle for redemption are the major aspects of a spiritual life. O’Connor’s stories explain of people who are in need of salvation, and the kinds of violence makes them have this need. All these interpretations describe the kind of journey the grandmother is going through in “A Good Man Is Hard to Find.” It is very critical to read and understand this story in accordance with O'Connor's Christianity focus and to get the faith the faith message portrayed by the characters and their experiences from the story, the grandmother symbolizes Christian’s journey in quest for salvation. In this paper, I will discuss the theme and setting of the story. And hope this theme and setting fits within the overall discussion of the story. From the story, we have noted that that the grandmother is nameless. The story starts by telling us that grandmother didn’t want to go to Florida (405). She is among the three main characters in the story whose names is not given. In the first four opening paragraphs, the grandmother is referred to severally...
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...of organisational objectives to the degree that they are committed to those objectives” (McGregor, 1960). It asserts that individuals possess a natural inclination to placate their desire for self-fulfilment through work. Google Inc. is an acclaimed example of Theory Y’s successful implementation. It gives stock options to 99% of its employees, effectuates the provision of workplace benefits (e.g. Day care, maternal/paternal leave programmes), and emphasises diversity and independence of thought in their day-to-day culture (‘Diversity in our culture and workplace’, n.d.). Today, Google has grown to more than twenty thousand employees worldwide and their company turnover stands at US$37.9 Billion per annum (‘Key Statistics of Google Inc. [GOOG]’, n.d.), making them one of the most valuable enterprises in the world. In my...
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...exceeding the value at risk. The VaR model does allow managers to limit the likelihood of incurring losses caused by certain types of risk - but not all risks. The problem with relying solely on the VaR model is that the scope of risk assessed is limited, since the tail end of the distribution of loss is not typically assessed. Therefore, if losses are incurred, the amount of the losses will be substantial in value. Conditional value at risk does a better job at assessing the tail VaR and hence is a very useful tool for risk managers. Answer 2) NAV as of Nov 1, 2013 is $169,018 Gross Leverage is 1.744 and Net Leverage is 0.7017 The latest 1 month values are as below Ann Cash Rate 0.2% Portfolio Cash GOOG AAPL SPY 50,413 100 200 -500 Date Cash GOOG AAPL SPY Gross leverage Net leverage NAV (Const. Number of shares) 11/1/2013 $ 50,413.00 $ 102,704.00 $ 104,006.00 $ (88,105.00) 1.744 0.7017 $ 169,018.00 10/31/2013 $ 50,412.72 $ 103,058.00 $ 104,540.00 $...
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...Google, created by Larry Paige and Sergy Brin, was founded in 1998. Before it was named Google, the search engine was called BackRub. This search engine was created to help people and businesses find exactly what they were looking for on the World Wide Web. Their goal was to create a search engine that “understands exactly what you mean and gives you back exactly what you want.” ("Our products and services – Company – Google," n.d.) Google also provides businesses with online tools to help run and expand their business, through advertising and other means. FastCompany.com has dubbed Google as being the “most successful Internet company of our time…” ("Most Innovative Companies 2014 | Fast Company | Business + Innovation," n.d.) Some innovations from Google include: Autocomplete Translations Directions and traffic Universal search Mobile and new screens Voice search Actions The knowledge graph Shanda Harris Innovation Company Research Info just for you, and Answers before you have to ask. (list taken from: http://money.cnn.com/2014/08/20/technology/innovationnation/google- search/) Amit Singhal, head of Google’s search business, has created this list based on research that he did of Google’s accomplishments. Some of the innovations on this list are self- explanatory; voice search, directions and traffic, autocomplete, and translations. The knowledge graph is...
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...Company Analysis | GOOG | An Analysis of Google Inc | Chelsea Moore 5/4/2015 | Company Analysis Company: Google Google is a well known search engine created by Larry Page and Sergey Brin in 1998. The idea of Google was once described by Page as "the perfect search engine that understands exactly what you mean and gives you back exactly what you want". Since then, Google has developed tremendously into more than just a search engine. The company offers Google Chrome, a freeware web browser, Gmail, Google Books, Play, News, Video, Image search, Maps, and dozens more. Google also works with businesses and offers several products to attract customers and build domains. Google's mission statement is to "organize the world's information and make it universally accessible and useable". Google reports four segments: The Google Website, Adsense Google Network websites, total advertising, and other revenue. The website and Adsense Google Network competes with Yahoo, AOL, Microsoft, Bing, and several other companies. In the advertising segment, Google competes with the previous mentioned along with Monster Worldwide, Expedia, Scripps Interactive, Ebay, and others. In the other revenues segment, Google competes with Oracle, Intel, Hewlett-Packard, and others. In fiscal year 2014, Google has not lived up to expectations. Growth was not disappointing, but Google missed estimates during the first three quarters. In Q4, profitability improved because of the holiday seasons...
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...Running head: FINANCIAL MANAGEMENT Financial Management: Comparing Google’s Business Model/ Financial Management with Microsoft By: Zanthe Gillison Strayer University Financial Management: Comparing Google’s Business Model/ Financial Management with Bing Google is doing bigger and better things in the world of internet media searching. Despite the challenges with other big names in Internet technology, Google and Microsoft have still remained to be leaders. In this paper, I will show comparison views of Google’s business model and financial management with Microsoft’s launch with Bing. Taking a look into Google and Microsoft core business, leading products and services, management and leadership styles, and innovation track record we will have the opportunity to compare the two businesses in and appendix. Google is known to be the leading internet media website’s in the world. Google and Microsoft are well-known internet information websites. Although, Microsoft is in business for more than searching the internet, Microsoft is known to be the world’s leading producer and marketer of computer software. Google’s product line and services are for Google products only. Google’s products include services that will enhance your desktop features such as Google Chrome and Google desktop which is an organizational tool that gives the customer the option to design and edit photos, organize personal and business information, search, and communicate with...
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...Assignment 5 Dr. Laura Pogue Contemporary Business: BUS 508 March 11, 2012 Rosalind R. Smith Microsoft and Google are two names that automatically come to mind when you think of computers and the internet. Microsoft launched Bing a search engine in 2009 that competes with Google. Beyond that one item, you will find that the two companies are very different and their products and services are noncompetitive with each other. Microsoft has 8 products and services that it focuses on. As they are listed, I guaranteed you that more than half of them will be familiar to you. They are: (1) Online Services Division which include the search engines BING and MSN (2) Server and Tools Division which includes infrastructure software such as Windows Server (3) Microsoft Business Solutions (4) Microsoft Office Division which includes the software Office, Exchange, Project and Visio (5) Interactive Entertainment which include X box, X box360, Kinect for X Box 360, PC and mobile interactive entertainment (6) Windows Phone Division (7) Windows and Windows Live Division and (8) Skype (Our Commitment to Our Customers, 2011). Google on the other hand has 6 services that it focuses on. They are (1) Search Advertising which is an advertising source for businesses (2) Display Advertising which gives companies the ability to advertise across more than one internet site through Google products (3) Mobile Advertising which has evolved with the wave of Smartphone’s and I phones (4) Tools...
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...Google: Employee Satisfaction MGMT311 Google In 1998 two gentlemen by the names of Sergey Brin and Larry Page founded a company called Google Inc. Eric Schmidt, who is the former CEO at Novell Inc., went to Google in 2001 and is now the CEO there (Piper, 2004, p. 26). The three men still run the daily operations at Google and they have been able to attract and motivate some of the most talented employees in the world because of their ability to leverage the power of organizational behavior (Piper, 2004, p. 26). Even though Google is an Internet powerhouse, I think their real power is from being able to apply theories and practices of organizational behavior. Some of the ways in which Google has become a motivating workplace is through their employee incentive programs and benefits. Some of the programs/benefits they have are things such as five free days of childcare per year, access to a sauna, dry cleaner, and gyms. They also pay out $8,000 in tuition payments and offer a gourmet cafeteria where their employees eat for free. Not to mention the nap room, video game area, and an on-campus oil change service center (Cohn, 2005, p. 66). One of the best things I think Google does is has their employees work in open-floor designs so as not to separate employees from coworkers. This allows for better communication and interaction. Google also places new employees with more seasoned, experienced developers to ensure each employee understand the inner workings of the company...
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...Google Google is founded by two Stanford University Ph.D. students, Larry Page and Sergey Brin. Google the search engine original named is BlackRub. It takes the name from a play on word Googol- the number 1 followed by 100 zeros, a reference to huge amount of data online. Google mission was: “to organize the words information and make it universally accessible and useful.” In recent year, Google had expand to many different field and become a multinational technology company that specialize in Internet-related services and products. Which is include online advertising, search, cloud computing, and software. Advertising is one of its main source for profit. Google’s is well positioned in demographics because it has a relatively young userbased. Nowadays, when people asking someone about something that they don’t know, the first word that come to their mind right away is “Google.” This is like a magic that will solve most of the problem. Even when I’m doing most of my research paper, Google is the place that I will go to. Google’s recent stocks are relatively low in a few weeks. However, Google are not really affected by this because most of it profit are coming from the advertising. We can said that Google is well-positioned compared to the downturn of the economy. Google’s political and legal is not going well with some legal issue. Google has faced concern on copyright issues because the company stores copies of third party web pages and images on their servers. In order...
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...Google Inc. (NASDAQ: GOOG) MB107 EXECUTIVE PRESENTATION ASSIGNMENT SHEET Friday, April 25, 2014 Gideon Putnam Resort Congratulations! You are now working for Google as part of a team charged with helping it navigate a chaotic business environment. Your team must both formulate a comprehensive strategic plan and propose specific actions to counter the threats posed by Apple, Amazon and Facebook to Google’s dominance of the world’s digital infrastructure as described in the assigned cases. Your team will present its strategic recommendations to senior executives at the Gideon Putnam Resort on Friday, April 25, 2014. Your presentation (not to exceed 25 minutes) will be followed by questions from the executives. These executives will evaluate your team based on your presentation’s substance, professionalism, effectiveness, and teamwork. A detailed copy of the evaluation form will be distributed at a later date. In order to complete this task, you must first get to know Google and its broad scale domestic (US) and international operations. Through extensive research, you’ll come to know more about Google’s mission and business model, which depends heavily on certain strategic vehicles as well as gathering comprehensive information about the needs, tastes and desires of businesses and individual consumers. This strategy ultimately depends on Google’s strategic positioning relative to its nearest competitor(s) in each of the major business arenas described in the assigned cases...
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...FINANCIAL MANAGEMENT PAPER Name: Class Time: 3:20PM. Case Study: Google Company Name: Google Inc. Traded As: NASDAQ:GOOG; NASDAQ: GOOGL Industry: Internet, Computer Software, Telecom Equipment Founded on: September 4, 1998 Founders: Larry Page, Sergey Brin Headquarters: Mountain View, California, USA Area Served: Worlwide Revenue: $59.825 billion (2013) Net Income: $12.92billion (2013) Employees: 40, 829 Of the thousands of stocks one can invest in, there is only a handful that you can rely on. Google is one of those companies. Introduction Google is an American Multinational Corporation founded by Larry Page and Sergey Brin. Google has a wide range of products and services including search engines, software, advertising and cloud computing. The company gets most of its profits from a service called ‘ADWords’ which is an online advertising service that places ads on search queries. Google’s total advertising revenues amount upto $42.5 billion which is a significant chunk of the total revenues. Google was initially set up as a private company in in September 1998 and later it went public in August 2004. Even though the company went public and the founder’s only own 14% of the company now however they still control 56% of the stockholder voting power through super voting stocks. Google has grown rapidly since it has been incorporated. Google initially just offered its flagship search engine however a series of mergers and acquisitions...
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...MICROECONOMICS Project Group: LE THI THU HIEN LE THI NGOC YEN TRUONG TU QUYNH NGUYEN HONG CAM BINH Summer 2012 An overview Facebook was realized on February 4, 2004 by an American computer programmer and Internet entrepreneur- Mark Elliot Zuckerberg. Facebook has said it will be valued at up to $96bn (£59bn) when it sells shares to investors this month in a record-breaking flotation. The first investment from Peter Thiel was $500,000 into Facebook. Facebook has minted four billionaires: Mark Zuckerberg, Dustin Moskovitz, Eduardo Saverin and Sean Parker. The 27-year-old Zuckerberg's net worth was estimated at $17.5bn on the 2011 Forbes list of the wealthiest Americans. Moskovitz had a net worth of $3.5bn but pipped Zuckerberg for the title of world's youngest billionaire, being eight days younger. The Brazilian-born Saverin, who left Facebook early on after a falling-out with Zuckerberg, had a net worth of $2bn. Parker, the Napster co-founder who briefly served as Facebook's president, had a net worth of $2.1bn On November 15, 2010, Facebook announced it had acquired the domain name fb.com from the American Farm Bureau Federation for an undisclosed amount. On January 11, 2011, the Farm Bureau disclosed $8.5 million in "domain sales income", making the acquisition of FB.com one of the ten highest domain sales in history Nowadays, 1 in every 13 people on earth uses Facebook, more than 900m active users, with over 250 million of them who log in every day. The average...
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...Analysis write-up at: http://thebusinessferret.com/?p=1081 GOOGLE INC. (GOOG) #1 REAL REVENUE GROWTH NOMINAL REVENUE GROWTH 35.00% #2 SUSTAINABLE REVENUE GROWTH PRICE ADJUSTED REVENUE GROWTH 29.7% 28.3% NOMINAL REV GROWTH 35.00% PRICE ADJ REV #3 PRICING POLICY SUSTAINABLE GROWTH GP MARGIN CHANGE GP MU INDEX EFFECT GP MARK-UP INDEX 3.00% 3.40 30.00% 3.30 25.00% 3.20 20.00% 20.00% 3.10 15.00% 15.00% 30.00% 2.50% 2.56% 23.8% 25.00% 12.9% 13.4% 12.3% 2.37% 2.00% 1.82% 1.63% 1.50% 3.00 9.2% 10.00% 2.90 5.00% 5.00% 2.80 0.00% 0.00% 1.19% 0.85% 1.00% 2.70 10.00% 6.7% 2008 2009 2010 2008 2011 #4 OPERATING EXPENSE CONTROL NOI$ GP$ NOI% GP% 2009 70.00% $25,000,000 60.00% NET OPER INC $20,000,000 40.00% $15,000,000 $10,000,000 20.00% 2007 2008 2009 2010 2011 $4,000,000 $2,000,000 ($2,000,000) $0 ($312,000) ($2,000,000) 2008 2009 2010 2008 2011 #8 RETURN on ASSETS (ROA) REQUIRED WORKING CAPITAL CASH RETURN on ASSETS 100.00% ADJUSTED ROA 90.00% $40,000,000 ADJUSTED CFBF DEBT FREE $4,000,000 #7 EXCESS CASH ACTUAL CASH $50,000,000 CFBF DEBT FREE $6,000,000 $6,875,000 $6,000,000 $0 $0 2011 $8,000,000 $8,000,000 $2,000,000 0.00% 0.00% 2010 $10,000,000 $8,890,000 $5,000,000 ...
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