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...Australia. This industry has been through a downward trend of the sales growth rate in recent years. Retail industry is diverse and competitive since it has low enter barriers, high extent of exposure to international trading. It can be classified with different standards: scale of business, operating region, nature of goods, competitions. In this report, six companies have been chosen for comparing purpose within Australian retail industry: JB Hi-Fi Limited (JBH), Myer Holdings Limited (MYR), Kathmandu Holdings Limited (KMD), The Reject Shop Limited (TRS), Supply Network Limited (SNL) and Joyce Corporation Limited (JYC). Those firms are rated by their market value of share capital. JBH and MYR both have market capital over $1 billion which are at the top of this industry. KMD and TRS are from the middle section which have market capital about $0.6 billion and $0.25 billion. The two bottom companies SNL and JYC are with $78 million and $14 million market capital respectively. This report, will firstly explain why do we use D/E ratio as a firm leverage, followed by comparing the advantages and disadvantages via debt financing, detail analysis of each company are included. Then, the report clarifies how we make assumptions and calculate the “optimal leverage”. Finally, the pathway each company could achieve its optimal is given. * Reasons to Choose D/E as Firm Leverage The debt-equity ratio we use is calculated by dividing Net Debt by Market Value of Equity. Net debt is the...
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...These actions are punishable by law. Though, the law still has trouble protecting all victims from domestic violence. Mark and Valerie Wynn from the Domestic Violence Report wrote, “Even the most well intended police officers overlook violent crimes against women (e.g., sexual assault, stalking, domestic violence) in their communities” (Wynn and Wynn). This is due to multiple reasons. Mostly because the victims of these crimes usually remain silent (Wynn and Wynn). The Journal of Family Violence also claims that, “Women are more likely to be the victim in the relationship and to sustain severe physical injury from the assault than men” (Karakurt). One growing issue from this fact are men’s diminishing family rights. During typical custody battles there is usually favoritism shown towards the mother of the family because women are more likely to be victims of domestic abuse. Thus, fathers are having to give up more of their...
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...Aziz Ansari’s stand-up bit in SNL on January 21 made some very interesting points towards the way Trump has begun to approach certain situations and it has only been a couple days since he was inaugurated. Just like in MLK’s letter, Ansari begins to speak about what people have been doing such as the women’s march to stand up for what they believe. Just as in Plato’s “Allegory of the Cave,” these people have shown the courage to go out of the dark, even with the limitations they are facing, he states “change comes from a large group of angry people,” and there are many people out there who are taking action. The theme between A Letter from Birmingham Jail and The Allegory of the Cave were seen within the lyrics in Michael Jackson's “Man in the Mirror,” Aziz Ansari’s SNL stand- up bit, and in *insert short story here* Each example is a call to action, Ansari’s monologue was about how Trump needs to do something to calm everyone down, such as making a speech. MJ’s lyrics advocated for the world to be better, but just like in Plato’s “Allegory of the Cave,” people are often ignorant to...
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...Presidential Election, one would have to be quite oblivious to not see the show’s blatant endorsement for Barack Obama. Each show begins with a political skit. But beyond SNL’s opinionated nature lies a desire to poke fun at the meaningless, trivial features of society. Most of the skits have no depth, like “Debbie Downer” and “Opera Man.” Oscar Wilde, particularly in his play The Importance of Being Earnest, like SNL, is funny for the sake of being funny. There is no implicit message. Wilde merely desires to provoke the audience by broaching laughable features of society. One would be thinking too intensely if one believes Wilde was proposing a societal change. A main focal point of satire in Wilde’s The Importance of Being Earnest is towards the overbearing romanticism of relationships and in life. For example, Cecily, a young, googly-eyed girl, writes letters to herself from her imaginary suitor, Ernest. While explaining to her fiancée, Algernon, she mentions, “Why, we have been engaged for the last three months,” for she has romanticized their relationship for months even though it officially began only minutes prior. In a more broad sense, Wilde shows how romanticism pervades lives with Gwendolyn and Cecily’s diaries. These books, which are usually meant for a catharsis, in the case of the girls, are secretly written for future...
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...the consumer is in this “just attentive enough” state, ignoring most of their service transaction. Like the actors on SNL, consumers rely on scripts to tell them how to perform. However, the scripts consumers follow are hardwired sets of expectations and outcomes pulled from their memories of previous experiences. According to script theory, consumers retain memory about past service encounters and uses that as the script for their approach to any service process. Essentially, they have a schema for their role as customer, and then an expectation for the exchange that will occur, only shifting out of this predetermined script for dynamic...
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...Online Banking and How It Will Change our Lives In 20 Years In 1972 a San Francisco bank starting making wireless transfers with a branch in Los Angeles. By the mid-80’s banking and other financial institutions were making Millions of dollars every year. Now we can transfer cash from almost anywhere in the world. We have internet sites, apps for our phones and in 20 years, we may be almost paperless. We may even have holographic 3D images as our personal bankerson or computers by then as well. The idea that we could become a totally digital financial society seems, well, almost unbelievable. In fact I’m not quite sold on the fact it could be myself. But according to Forbes Financial times “Ask anyone in the industry, even today’s incumbents, and the answer is the same: financial services are moving towards a digital future, one in which consumers will buy a much wider range of products and in which the costs of service will decline dramatically, allowing the 2.5 billion consumers worldwide who currently don’t have bank accounts to participate in the financial system. Much of that activity, moreover, will take place on rapidly proliferating mobile devices. ( big-bang-disruption-the-end-and-the-beginning-of-financial-services). A paperless society may exist in our future. Also, some banking institutions will suffer from this concept. Some will prevail. Any resistance to the fact that online banking and financial transactions as a primary source of virtual trade may be out...
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...Now in LA, she has been taking classes and auditioning often in order to make these dreams a reality. Just before she was cast in Grease Live, Skyler graduated from an improv class at the Upright Citizens Brigade, an organization founded by SNL alum Amy Poehler in 1990. Skyler first became interested in acting at age 10 when she was named the lead of her first musical simply by chance. In No One Will Marry A Princess With A Tree Growing Out of Their Head, she played the princess. “Ever since then, I’ve been knee-deep in theatre. I was never the kid who thought they were going to be a pop star, but ever since I had that tiny felt tree pinned to my head, I’ve never wanted anything more than to spend my life on stage or in front of the camera,” she said. In the Duxbury High School drama club, Skyler found herself among equals and forged some of her strongest friendships. She fondly remembers each play she was a part of, but acknowledges that the 2014 production of PROOF stands out...
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...[pic] Energy moves the modern world. Available, reliable, affordable energy. Since the Industrial Revolution, fossil fuels—coal, oil, and natural gas—have powered immense technological progress. But supplies of fossil fuels are limited, and continued reliance on them may have significant environmental consequences. Fortunately, there are alternatives. The most powerful one is right over our heads. We are bathed in the clean, virtually inexhaustible energy of the sun. Each hour, enough sunlight reaches Earth to meet the world’s energy needs for a year. To harvest this bounty, we need technology that efficiently converts the sun’s energy into forms we can use. Developing this technology is the purpose of the U.S. Department of Energy (DOE) Solar Energy Technologies Program. Powerful Goals, Powerful Technologies The Solar Energy Technologies Program is part of the DOE Office of Energy Efficiency and Renewable Energy. The Program’s mission is to improve U.S. security, environmental quality, and economic prosperity through public-private partnerships that bring reliable and affordable solar energy technologies to the marketplace. It supports research and development on a wide range of photovoltaic (PV) and solar thermal technologies that convert sunlight into useful energy. Photovoltaic Technologies The majority of the Program’s budget is allocated to PV research and development (R&D). All PV devices convert sunlight directly into electricity. However, there...
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...Symbiosis, Symbiotic Relationship A relationship where both sides benefit from the other Roone Arledge, Jr. - American sports and news broadcasting pioneer - President of ABC sports from 1968 to 1986 - President of ABC news from 1977 to 1998. - Key part of the company's (ABC) rise to competition with two other main television networks (NBC and CBS) in the '60s, '70s, '80s, and '90s. - Created many programs still airing tonight such as Monday Night Football, ABC World News Tonight, Primetime, Nightline and 20/20 Jim McKay An American tv sports journalist. Is best known for hosting ABC's Wide World of Sports Billie Jean King An american former World No. 1 professional tennis player. In 1973, at the age of 29, she won the s0-called Battle of the Sexes match against the 55-year-old Bobby Riggs Bobby Riggs An american tennis player who lost to Billie Jean King in the Battle of the Sexes Match What is meant by the relationship between sports and tv being a symbiotic relationship? - Both have derived enormous benefits from the other. - Both have been around for most of the last 100 years. - The world of sports has helped to grow the business of tv, while tv has enable sports ventures, worldwide, to become high-end family entertainment. By the end of the '50s, what happened to sports programming and where during the weekly programming schedule did they find their place? What were the factors mentioned in the text that contributed to...
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...ANNUAL REPORT 2008-2009 Directors Bankers Auditors Solicitors Registered Office Works Registrar & Share Transfer Agent : : : : : : : Trilochan Singh Sahney, Chairman & Managing Director Dr. P . D.Ojha Dr. (Ms.) Kala S Pant Harshbeena S Zaveri K M Elavia Devesh S Sahney BNP Paribas Citibank N.A. Canara Bank Axis Bank Ltd. A. F. Ferguson & Co. Wadia Ghandy & Co. Dhannur, 5 Sir. P M Road, Fort, Mumbai 400 00. Tel. : 2266 460 / 2266 4998 Fax : 2266 042 Pokhran Road No.2, Majiwade, Thane-400 606. E-40, M.I.D.C. Industrial Area, Chikalthana, Aurangabad-43 00. C-6, Additional M.I.D.C. Industrial Area, Jalna-43 203 E-72, (I) & (II) M.I.D.C., Waluj, Aurangabad-43 33 A-5, Uppal Industrial Estate, Hyderabad-500 039 Plot No.33, Sector – II, SIDCUL IIE Pantnagar, Udhamsingh Nagar, Uttarakhand-263 53. Mondkar Computers Pvt. Ltd. 25, Shakil Niwas, Mahakali Caves Road, Andheri (East), Mumbai 400 093. Tel: 2836 6620, 2820 7203-05 Fax: 2836 9704, 2820 7207 CONTENTS Particulars Page No. Notice ...................................................................................................................... 3 Directors’ Report ................................................................................................... Annexure to Directors’ Report ...................
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...let’s take a long look. Hannah Montana is an American musical comedy series created by Michael Poryes, Rich Correll, and Barry O’Brien which focus on Miley Stewart, who is a teenager living a double life as an average schoolgirl by day and a famous recording artist Hannah Montana by night. The show follows the day-to-day life of Miley, her brother and friends while also starrying Cyrus’ country singer father Billy Ray as her dad. The theme song for the show is “Best of Both Worlds” written by Matthew Gerrad and Robbie Nevil, and performed by Miley Cyrus, Hannah Montana was created or born on March 24, 2006. In 2006, Hannah Montana was nominated for three awards: Teen Choice Awards, Golden Icon Awards, and Casting Society of America, even though she was nominated she did not win an award. In 2007, however, she did come back to win those awards with a few more added on. Destiny Hope Cyrus was born November 23, 1992 in Nashville, Tennessee, to Letitia Jean “Tish” and country singer Billy Ray Cyrus. Her name was derived from her parents’ belief that she would accomplish great things with her life. Do you think they still feel that way? Destiny was given the nickname “Smiley” which was later shortened to Miley. Against the advice of her fathers’ record company, Cyrus’s parents secretly married a month after Cyrus’s birth in November. Her mom had two children from a previous relationship, and Billy Ray adopted the two children when they were young. Miley has a half-brother...
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...essentially being created around them. Tickets were priced at $25 (notably less then NFL game tickets which would cost $236+ for a family to attend) allowing them to target lower income families. Additionally there would be sideline interviews, allowing audience members to broadcast their voice over loud speakers to the whole stadium. Cheerleader/announcer booths would be located in the stands to incorporate everyone and create a synergy between fans and viewers at home. Network partners allowed XFL to be broadcast over two days on cable along with internet coverage. UPN signed on to broadcast Sunday evening games. TNN became the exclusive cable provider for XFL Sunday afternoon games. NBC would air games Saturday nights prior to SNL (NBC reached 99% of American homes). MSNBC.com signed on to provide internet coverage of XFL. The WWF had been generating mass revenue from their two cable programs and merchandise sales of a billion plus, giving network executives a renewed faith that McMahon had a direction for this league. NBC at the time had declining ratings. The audience had been steadily aging and it was raising doubts...
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...Internal and External Factors Team Paper Preparing for internal and external factors play a huge role in the success of a company like Amazon. A well-implemented plan takes into account all facets, realizing them when needed. Internal factors are controllable within the walls of the enterprise such as procedures and policies, the culture of the business, and compensation. External factors define the uncontrollable components beyond the companies’ authority; competitors, the market force, regulation set forth by government agencies, the economy and customers. Internal Factors Leading Function of Management The leading function of management means to lead the organization; strategizing a continual plan that takes into account both internal and external factors for when they may need implementation. Amazon continually updates their future plans and possible markets. Amazon has not remained stagnant internally. Uniquely qualified in the internet market to sell goods they excel by leading the company to exponential growth through those opportunities. Controlling Function of Management Competent controls achieve the realization of managerial plans and strategies. The controls or policies for an organization accomplish their goals. They create the results of the organization by directing employee efforts. A breakdown in effective controls defeats managerial plans; inadequate controls have the same effect. The shipping of products offered on Amazon represents the control...
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...LOCAL RELATED LIT. On December 7, 2009, the Department of Health launched the Unang Yakap Campaign. With this campaign, the DOH aims to cut down infant mortality in the Philippines by at least half. The campaign employs Essential Newborn Care (ENC) Protocol as a strategy to improve the health of the newborn through interventions before conception, during pregnancy, at and soon after birth, and in the postnatal period. The ENC Protocol provides an evidence-based, low cost, low technology package of interventions that will save thousands of lives. Based on health statistics, the Philippines is one of the 42 countries that account for 90% of under-five mortality worldwide. 82,000 Filipino children under five years old die every year. 37% of them are newborn. Majority of them (3/4) die within the first two days of life. Mostly due to stressful events or conditions during labor, delivery and immediate postpartum period. The current practice of handling newborns, like clamping and cutting the umbilical cord and washing the baby right after birth, have been known to actually contribute to the high incidence of neonatal deaths and illnesses in the country. Thus the need for a paradigm shift from the prevailing standard procedures into the new protocol. Health Secretary Duque explained that the ENC Protocol involves focusing on the first hours of life of the newborn with the manual guiding health workers in providing evidence-based essential newborn care. Essential Newborn Care Workflow...
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