...Lifeline Health Products Assignment – completely answer the following questions: 1. Explain the rational for each of the four variables that make up a firm’s credit policy. How likely (and how quickly) are competitors to respond to a change in each variable, and is their response likely to be the same for a change toward tightness as one toward looseness? 2. What is Lifelines’ current days sales outstanding (DSO) [also called average collection period (ACP)]? What would the expected DSO be if the credit policy change were made? 3. What is the dollar amount of bad debt losses under the current policy? What would be the expected losses under the proposed policy? 4. What is the cost of granting discounts under the current policy? What would be the expected cost under the new policy? 5. What is Lifelines’ dollar cost of carrying receivables under the current policy? What would be the expected cost under the new policy? (Use a 360-day year.) 6. What is the expected incremental profit associated with the proposed change in credit terms? Should Lifelines make the change? (Hint: Construct income statements under each policy and focus on the expected change. 7. Does your analysis up to this point consider the risks involved with a credit policy change? If not, how could risk be assessed and incorporated into the analysis? 8. Suppose the firm makes the change to 3/COD, net 25, but Lifelines’ competitors react by making similar changes in their...
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...achieved a lot in terms of health improvement. But still India is way behind many fast developing countries such as China, Vietnam and Sri Lanka in health indicators (Satia et al 1999). In case of government funded health care system, the quality and access of services has always remained major concern. A very rapidly growing private health market has developed in India. This private sector bridges most of the gaps between what government offers and what people need. However, with proliferation of various health care technologies and general price rise, the cost of care has also become very expensive and unaffordable to large segment of population. The government and people have started exploring various health financing options to manage problems arising out of growing set of complexities of private sector growth, increasing cost of care and changing epidemiological pattern of diseases. The new economic policy and liberalization process followed by the Government of India since 1991 paved the way for privatization of insurance sector in the country. Health insurance, which remained highly underdeveloped and a less significant segment of the product portfolios of the nationalized insurance companies in India, is now poised for a fundamental change in its approach and management. The Insurance Regulatory and Development Authority (IRDA) Bill, recently passed in the Indian Parliament, is important beginning of changes having significant implications for the health sector. The privatization...
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...On February 28, 1953, Francis Crick, the co-discoverer of the DNA molecule, bolted into the Eagle Pub in Cambridge, England, and proclaimed that he and his colleague, James Watson, had solved one of the greatest mysteries of human existence. “We have found the secret of life!” those in the pub remember him saying. And with that proclamation, the human species began a new era in understanding ourselves and our relationship to our world. The rest, as they say aloud, is history. And while the discovery of the DNA molecule itself is, without a doubt, a pivotal event in the quest to know ourselves, it also opened the door to an even greater possibility with even greater implications—the possibility of an intelligent design that forms the core of our existence. When Watson, Crick, and others in the scientific community first recognized the pattern of the DNA molecule, they were immediately struck by its beauty, its elegance, and its simplicity. And as scientists they could not deny its unmistakable order. For such a molecule to exist, sustain itself, correct/heal the errors that it finds within itself, and perpetuate itself for millions of years, suggests that some kind of cosmic blueprint is involved. And for some people, these undeniable facts imply that DNA is intentional— that something, or someone, created the code of life. While there are many theories and much speculation, the fact is that we simply don’t know for certain how DNA originated, or why it showed up on Earth. And...
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...Communities Creating OPPORTUNITY NOW Agenda—October 18th, 2011, 6:30pm to 8:15pm Yellow highlight=needs revision or update Magenta highlight=program team help cue the audience to participate through applause, sign waving, cheers, standing Red means this is a pin question—commitment question we are asking to those present in the audience or our elected officials or civic leaders. Green highlight means we will reinforce this point with a power point slide or graph. 6:00 pm God's Power Band will provide transition music. They will also perform one solo song midway during the program. 6:10 pm Come Together Choirs Start: 1. Congregation/Choir name: Our Lady of Peace Catholic Song selection: "Con Fe" (5min) Number of people in choir: 12-15 2. Congregation/Choir name: St. Peter CME - Song selection: "Let the Glory of the Lord Rise Among Us" (5min) Number of people in choir: 12-15 3. Congregation/Choir name: Ander's Choir Song selection: "STILL NEED SONG TITLE"? (5min) Number of people in choir: 6 6:30pm Logistics & Recognition of I AM exhibit: (Co-Chairs) * REV. JOHNSON: Welcome, as you are finding your seats, please make sure you have signed in, have an Opportunity Now sticker! Restrooms can be found in the main lobby to the right. Make sure to turn your cell phones off. Translation headsets are available. * ORLANDO GALLARD0: Tenemos equipos de traduccion en la mesa de registracion...
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...NAME: Meghna Shrivastava STUDENT ID: c7080738 COURSE: B.A (HONS) International Business MODULE: Management of International Business MODULE TUTOR: Mr. Ashish Tripathi EXECUTIVE SUMMARY Club Mahindra holiday is a consumers service industry which is part of Mahindra group having infrastructure of US $ 14.4 million. Under Club Mahindra flagship Mahindra Holiday and Resorts India Ltd (MHRIL) was started in 1996 as a realty sector of Mahindra group brought up for bring values, reliabilities and trust and customer satisfaction. Club Mahindra has got an affiliation with RCI which consist of 60% of the service industry market share, which make Mahindra holiday timeshares largest holiday ownership brand in India. Apart from being a customer centric company club Mahindra performs various Corporate Social Responsibilities for the well fare of people, employees, its customers and environment. According to CESD, 2007 Tourism is becoming one of the largest business sector in the world showing 2005 receipt of international tourism reaching $6.82 trillion. Club Mahindra performs in service industry where revenue produced in 2008 by service industry was $4,028.6 billion showing CAGE OF 6.3% from 2004-08. (Datamonitor, 2009) Furthermore, club Mahindra perform or exist in environment where customers has the power to control the market. Whereas, large number of suppliers weakens them from leading, new entrants in service industry is very easy but the threat of substitutes and...
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...Sasha Watson Examples of Exemplary Leadership I have not plagiarized on any aspect of this assignment. INTRODUCTION Leadership serves as the process to influence. A true leader is not just there to lead a company, they must also have a purpose, and every organization thrives under the guidance of a strong leader. This involvement is usually accomplished by organizing a group of individuals to achieve a mutual goal. Strong leaders establish principles concerning the way each constituent should be treated and assess the way goals are executed. In addition, strong leaders take chances, understand risks and ultimately defeat unforeseen challenges likely to exist in this competitive market. For the purpose of this paper, it is essential to understand the term “exemplary leadership”. Exemplary leaders are visionaries in their own way; they look for innovative ways to improve the organization by creating bold and creative changes so they can harvest continued growth and success internally. Consequently, though leaders are unable to predict the future they do prepare diligently utilizing performance tools and emulating the core behavioral strategies to conquer their competition and thrive when least anticipated. The selected reading, Great by Choice (2011), written by Jim Collins and Morten T. Hansen helps strengthen the realization of true exemplary leadership. For the research analysis, the authors studied major companies that achieved remarkable results over a 15 year span...
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...The Business Environment Business 100 July 23, 2012 The Business Environment A business environment is an environment in which business is conducted. It is also a working climate created by distinct forces: internal and external forces which make up an operating environment. The role of business in the economy is to act as a vehicle for economic progress. In an economy, business plays a pivotal role of acting as the main factor. Businesses include manufacturing, health care, wholesale, retail and services which help the economy to propel, survive and maintain the people that control it. This role depends upon business enterprises operating within the framework of a competitive market economy. To compare and contrast the roles of profit and non-profit organizations in the economy, one has to understand the meaning of profit. In business, profit is a word used to describe earnings. It is the difference between the revenues gained and the expenses incurred from business activities. A for profit business provides and/or exchanges goods and services for a price. A firm or company is in business to make profits or the business fails. When companies earn huge profits, it enables them to invest in research and development, company shareholders are rewarded and other firms are attracted in the industry. On the contrary, the main strength of nonprofit is its efficiency in meeting consumer demands at minimum cost. Nonprofits organizations can be profitable but are restricted...
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...GOOD MARKETING STRATEGIES CONTENTS 1. Introduction …………………….……..……….………………………………..…….3 2. Relationship Marketing…………………………………..………………………..….3-4 2.1 The Extent to Which It Is Practise.……………..………………………..….4 -5 2.2 Appropriateness of Relationship Marketing …………………………….….5-7 3. Customer Satisfaction …………………………………..………………………..….7 3.1 Measuring Patient Satisfaction…………………………………………....…..8 3.1.1 Patient Satisfaction Measures…………………………………………...…..8-9 3.2 Managing Patient Satisfaction………………………………………….……..9-10 4. Communications Mix…………………………………………………………………...9 4.1 Informative Promotion …..…………………………………………….….….10 4.2 The Communications Mix…………………………………………….…..….10-11 4.3 Successes……………………………………………………………………..11-12 5. Advertising………………………………………………………………………..…..13 5.1 Social-Cause Advertising……………………………………………….....…14 5.2 The Message ………………………………………………………………….14 5.3 The Medium……………………………………………………………….…14-15 5.4 Measuring Advertising Effectiveness…………………………………….….15 6. Conclusion………………………..……………………………………………………..17 7. Recommendation………………..………………………………………………………17 8. References……………………………………………………………………………….18 1. INTRODUCTION Every organisation has various strategies to market their organisation. For an organisation to be successful, they have to develop a marketing strategy. In my report I will analyse four marketing strategies in relation to my organisation...
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...several counterparts of Brannigan Foods’s Soup Division. The soup industry has been declining for several years, and directly affecting the Brannigan division for the last three. Bert has to determine, of the four plans he received, which is the best in order to move growth back to 3-4%. The Environment: Major consumer trends affecting the industry are the concern for health and obesity. The inclining age of the most brand-loyal segment of soup consumers, the baby boomers, are seeking diets with low sodium. It’s crucial to maintain this large market segment, luckily the Heart Healthy line is positioned well with the baby boomers. Conversely, younger consumers (millennials) are needed to ensure vitality in the long run. One of the most critical aspiring trends among consumers are that of professionals and working mothers seeking fast, simple meals. The acquisition of Annabelle’s Foods helps this segment with growing sales of 12% per year. Another trend is the tastes of consumers. New flavors such as Mexican and Asian soups are gaining way in the division. An opportunity to procure these flavors is to acquire a new product line; Roarin’ Cajun Foods would secure the Mexican style soup and Red Dragon would lock down Asian tastes. If not acquired, these brands pose a threat to us in addition to Brothers Gourmet and others in the soup market. The Industry: Brannigan is in the soup industry and has major competitors in Panera Bread and Harry’s Fresh Foods. These two competitors have soups...
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...Hudson Valley BUSINESS JOURNAL March 23, 2009 - 2 7 Banking Goldstein Lieberman & Co. extends lifeline in tough times Goldstein Lieberman & Company LLC has pledged support to area charities for the duration of the recession and is chalalways supported various causes and notfor-profit groups in our community. The partners now have chosen to do so in a more struetured, public way because tbe need is great and all area businesses need to lend a hand. Goldstein Liebennan & Company recently developed a task force— Recession-Expert Accounting Consultant Team (REACT) to guide businesses tbrough the economic downturn. "As we developed successful solutions for struggling businesses, we thought hard about what organizations in tbe not-for-profit sector are now facing," says Goldstein. "We wanted to do sometbing that will make a difference for our not-for-profits and the people who rely upon them," The first check will be awarded to the Committee for Families of War Veterans, an organization in the Hudson Valley region that has grown in response to tbe needs of families of soldiers who have died or have been wounded in these recent conflicts. "I am overwhelmed that a business would make tbis kind of commitment to the community, especially now when so many companies 4re cutting back on charitable donations or cutting them out eompletely," remarks Ray McCarthy a spokesperson for tbe organization that has helped many families in fhe region. Organizations that are registered 501 C can...
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...Competitive Analysis The health club industry has continued to see an increase in the amount of health clubs/fitness centers. Since 1992, the United States has seen the number of health clubs increased by almost 40 percent, from 12,635 to 17,531 facilities. It has also seen an increase in membership by almost 60 percent, from 20.8 million to 32.8 million. What this all means for Fun 4 Life Fitness Center, LLC is that the market is ever growing which translates to more competition. Most fitness centers offer a variety of services to address the needs and convenience of the customers. Some of these services includes personal trainers, facilities with state-of-the-art equipment, and programs that cater to mostly every demographic. Fun 4 Life Fitness will seek to have a competitive edge by providing customers with stellar customer service along with offering a variety of programs and equipment that is sure to develop a following for Fun 4 Life Fitness Center, LLC. Key Competitors The key competitors that have fitness centers in the Corpus Christi area are Gold’s Gym, Freedom Fitness of Corpus Christi, Corpus Christi Snap Fitness Center, and Corpus Christi Athletic Club. Gold’s Gym specializes in providing some of the best cardio and strength equipment to help people realize their goals. Some of their strengths include the programs they offer, their personal trainer staff, and most importantly, the Gold’s Gym brand name. They have built up a reputation for being...
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...Contents Introduction to Industry 1 Company Summery 1 SWOT Analysis 2 Strength 2 Weakness 2 Opportunities 3 Threats 4 Segmentation, Targeting and Positioning 5 Segmenting 5 Targeting 6 Positioning 7 Marketing Mix 8 Product 8 Price 9 Promotion 10 Place 11 Processes 11 People 12 Physical Evidence 12 Reference 13 Introduction to Industry A spa is a place that mineral-rich natural water or sea water is used to give medicinal bath. Most established types of spa in the Sri Lanka are Day Spa and the Destination Spa over couple of years. Destination spa is method mainly carryout by hotels since it needs to arrange set of programs that customer should follow for several days. Day Spa mainly consist therapies and massages that can be have within few hours to few minutes that can be arrange in a place in even urban area. This type of spa provides a various services that has propose of improving health, beauty and stress reliving with relaxation techniques. Commonly it contains, * Massage services * Wet rooms * Steam rooms * Sauna * Body Works * Facials * Pedicures and Waxing . Company Summery ‘LifeLine’ Spa is a new destination offering customers the unique combination of massage, body and energy work, and training, all in one beautifully serene setting. It’s located in the heart of Nugegoda city next to the main road that can customers easily reach. The spa has several comfortable treatment rooms with...
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...SaskTel must focus its resources on establishing itself firmly in the target market so the firm may compete in the long term. SaskTel should distribute its LifeStat system through Shoppers Drug Mart, London Drug, and Safeway pharmacies. It is vital that marketing dollars be spent wisely to not only make those with diabetes aware of the system, but also their doctors, nurses, friends, and family as well. With a goal of 6500 unit sales, SaskTel can maintain or slightly improve overall profit margins of 7.2% in the first year - even while expanding into a new technology field. Once established, SaskTel can continue to leverage partnerships with the Province and the Canadian Diabetes Association to further expand into market segments with good product fit. Marketing Situation Analysis Company SaskTel is a Canadian Provincial telecommunications company based in...
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...Abstract This paper is a cumulation of a three part portfolio assignment describing the tobacco tax issue in the United States. The first part of the paper defines the tax issue and gives a brief history of the tobacco excise tax. The second section discusses the stakeholders and an analysis of the issue. And lastly, I describe my policy perspective. The Tobacco Tax Issue Is taxation on tobacco an effective means of decreasing the smoking rate or is it just an elaborate ploy to increase taxes by playing on voter emotions? The message is clear and has been etched in our minds over the years; tobacco kills. Tobacco and secondary tobacco products kill an estimated 440,000 Americans per year. Over the past several decades, state and local governments have passed tobacco excise taxes and other laws regulating the use of tobacco. But who is actually behind the legislature? First Tobacco Tax Tax on tobacco was first implemented by Alexander Hamilton, secretary of the treasury, in 1794 (Altman, 2009). The tax was soon repealed, but excise taxes have been a staple in federal revenues since the American Civil War. In 1921, Iowa successfully passed the first state tax on tobacco, with many states to follow. Not only does the federal government and state governments tax tobacco, but now city municipalities are also imposing a local tax on tobacco (Altman, 2009). But what is the current tobacco tax about? There are several sides to...
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...‘Countries at very low levels of economic development face such huge challenges that they cannot hope to address them without assistance from the rest of the world’. To what extent do you agree with this view? Gross Domestic Product (GDP), which is the total value of goods and services produced by a country in a year, along with Gross National Product (GNP). This measures the total economic output of a country. These are two major indicators that help gauge a countries economic development. Several countries around the world have GDP’s less than $750, accompanied by populations earning roughly $1 a day. Life expectancies can also be as low as 40 years old in such areas. Poor levels of health care, literacy rates and schooling do not help an already disastrous cause, income too small to accommodate basic needs and resources, exemplify these issues. These are often defining signs of low developing countries (LDC’S). Within the 50 countries worldwide recognized as LDC’s a staggering 33 of these countries are situated in Africa, with 374 million Africans earning and having to live off $2 each day. LDC’s will continue to struggle economically due to factors that withdraw them from making development advances. Over the last 5 years Niger has accumulated roughly $965.5 Million in external debt. This is borrowing money from countries, IMF, World Bank and other multilateral agencies. This debt of Niger and other LDC’s has been amplified by factors beyond their control. Uncertainty...
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