... Subject: executive memorandum This memo is a summary of the data analysis of portfolio of two common stocks. Firstly, we download 84 months data including returns, risk free and s&p500 index. Then we use return minus risk free to get the excess return for each company, because we need to use the excess return to graph the investment opportunity set and regression. For the second requirement, we need to compute the arithmetic mean, which is the historical average return. We find the Union Pacific average excess return is greater than the ConAgra. It means the Union Pacific can gain more than the ConAgra. However, the geometric mean is different from the arithmetic mean, we need to use the formula: g=arithmetic mean of return- (1/2)*variance, the variance is the simple historical variance, which is 1/(n-1)∑[r(s)-r ̅ ]^2. The standard deviation is the square root of the variance. The variance and standard deviation are measure the risk. We can see the risk of Union Pacific is greater than the ConAgra. That’s the high return, high risk. Besides, the historical beta of each company is come from the coefficient of regression analysis. The beta of Union Pacific is greater than 1, it’s greater than the average beta and the ConAgra’s beta less than 1, it means less than average beta. The alpha of each company is come from intercept coefficient of regression analysis, which means s&p500 raise or fall 1 percent, union pacific raise or fall 1.4 percent and ConAgra only raise...
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...The Effects of Labor Unions Article Summary The article I have chosen for the case study is titled “California’s Oranges are Rotting on the Docks”. This article focuses on the efforts of the International Longshore Workers Union to reach an agreement with the Pacific Maritime Association. Negotiations between the two organizations have been proceeding for several months now, since July 2014. The two groups are attempting to iron out details for about 13,500 port workers to increase salaries, improve healthcare, and pension plans. These 13,500 workers span across the pacific coast, covering about 29 ports which serve as primary shipping ports between the United States and Asia. 70% of the United States’ imports and exports with Asia are serviced using the affected ports. The article notes that since negotiations begin, workers have gone on strike, cutting down the amount of hours worked each week. This cut back in labor has caused delays at the ports reducing the amount of goods being imported and exported. Produce has been rotting in shipping containers, meat is being held in freezers, and auto makers are not receiving needed parts. This strike has trickled down, affecting a number of different industries, which have all had to reduce production. Some firms have begun to seek alternative shipping methods, but none are as cost effective as using the Maersk ships carrying 18,000 shipping containers. (www.cnn.money.com) This article focused on a number of concepts...
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...Executive Summary Union Pacific is the largest freight railroad in North America. In 2007 they transported over one trillion ton-miles of freight earning revenues of $16.28 billion. They operate on 32,000 miles of rail covering the United States west of the Mississippi. Union Pacific is a successful firm both externally and organizationally. The Class I Freight Railroad industry encompasses the seven largest railroads in North America. In the U.S., where Union Pacific operates, Class I Freight Railroads move more than 40% of the freight transported per year, measured in ton-miles. The industry is in the maturity stage, experiencing slow consistent growth. For companies in this industry, it implies tightened operations and good human resource management are essential for success. The industry incumbents benefit from high barriers to entry due to the amount of capital requirements. Substitutes play a moderate role in the industry, while buyers and suppliers are on neutral ground with the railroads. Lastly, rivalry varies from area to area, but is average as a whole. This is shown in the analysis of captive versus noncaptive customers. Union Pacific mainly transports commodities in five primary industries; agriculture, automotive, chemical, energy, and industrial. These customers look for competitive pricing, on time delivery, and good customer service. In order to be successful in this industry, a railroad must have the resources to serve all the needs of these customers. Since...
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...Employers' Organizations in Asia-Pacific in the Twenty-First Century Turin, Italy, 5-13 May 1997. [Top] [Next] Table of Contents 1. Executive Summary 2. Introduction 3. Industrial Relations (IR) in the Global Context (a) IR - a definition (b) IR and HRM (c) Liberalization, globalization and IR (i) Overview (ii) The relevance of globalization to industrial relations - a summary (iii) The role of multinational corporations (MNC's) (iv) Information technology and IR (v) The impact of other trends (d) The changing nature of IR - a re-definition? 4. IR in Asia and the Pacific (a) The historical context (i) General (ii) Economic development and industrialization (iii) Industrialization and IR policies (iv) IR arrangements - regional divergence (v) Other considerations (b) The current environment (i) Overview 2 (ii) Current responses to liberalization and globalization (iii) Important regional trends 5. Responding to Current and Prospective IR challenges in Asia and the Pacific developing an agenda for employers and their organizations to facilitate transition to the Twenty-first century (a) Overview (b) General issues (i) Achieving competitiveness (ii) Effective IR is a key to improved enterprise performance (iii) The importance of diffusion (c) Specific issues (i) The employers' response (ii) The roles of employers' organizations (iii) The roles of government and trade unions 6. Conclusion References [Top] [Contents] [Previous] [Next] 1 Executive Summary To understand the range of industrial...
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...The Georgia-Pacific Environment MGMT 4313 – Structure and Process of Organization Abstract Headquartered in Atlanta, Georgia-Pacific employs some 50,000 people worldwide. It’s a privately owned company with a Board of Directors and Executive Leaders. The employees are guided by Market Based Management Principles, based on integrity and compliance. Founded in 1927, the company has grown to become one of the world's leading manufacturers and marketers of paper products. Georgia-Pacific fosters a work environment and culture that makes the protection of health and safety of employees a number one priority. The company inspires and enables its people of diverse backgrounds to develop new skills. Georgia-Pacific works with many organizations on environmental issues to help achieve shared goals, which will enable the company to continue to make products that consumers want and need. “The Georgia-Pacific Environment” 1. Company Overview 1. Locations 2. Employees 3. Board of Directors/Executive Leaders 1. Company Vision & Principles III. Company History A. Founder B. Accomplishments IV. Georgia-Pacific Employees C. Job Satisfaction D. Safety E. Training F. Diversity V. Georgia-Pacific Protecting the Environment VI. Conclusion/Summary The Georgia-Pacific Environment Georgia-Pacific is one of the world's leading manufacturers...
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...Case Study: Leading Change for High Performance Joyce Rance GM504-0319-0429-01N Organizational Excellence and Change March 27, 2014 Professor Dr. Laurie Cure Summary of the Case Christina Gold, CEO of Western Union has proposed a change to unify the U.S. operations with its international division and to have both act as one entity, thus a regional structure with three main divisions: the Americas; Europe, Africa, the Middle East and South Asia Pacific to meet the needs of its’ global clientele. However, leaders in the U.S. are reluctant to give up the control of product lines, while regional leaders favor the decentralization of the two operations. Gold, who is knowledgeable in geography and diverse cultures understands that each region has to be treated differently and wants to be assured the right leader would be placed in the right position to match responsibility with authority and cultural understanding. Regional leader responsibility would include profit and loss with no decrease in revenue (Konrad & Mitchell, 2005). Major Issues Gold wanted to lead Western Union from a product line to a geographical aligned organization through a major structural change that would support the company’s six core strategies; 1) develop a global brand, 2) enhance global network distribution, 3) expand adjacent markets, 4) develop leaders with in the organization, 5) increase productivity, and 6) execute service excellence (Konrad & Mitchell, 2005)...
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...negligence are set forth in the case of Carr v. Union Pac. R.R. Co., ____S.W.3d____, 2011 WL 4489982 (Tex. App.-Houston [4th District] 2011 no pet.), as follows: Elements: 1. The existence of a legal duty; 2. Breach of a legal duty; 3. Proximate causation, and; 4. Damages. Factual Background: This suit arises out of a train derailment occurring across the road from the Carr’s residence. The derailment caused one railcar to derail and spill the contents, methyl isobutyl ketone, a colorless chemical used primarily as a solvent. The Carr’s noticed the smell of the chemical and immediately complained of headaches, congestion, and runny noses. At the Trial Court level the Carr’s failed to provide expert testimony as a link between the chemical spill and the physical symptoms the Carr’s had experienced . The Suit: The trial court granted a no-evidence summary judgment in favor of the Appellee, Union Pacific Rail Road. The Appellants, (the Carr’s, et.al), failed to meet two of the four elements of negligence. The Appellants appealed, arguing that expert testimony is not required. The District court disagreed, reasoning that summary judgment was “proper because the Plaintiffs have not presented any expert witness testimony on the issues of proximate cause and damages”. The Appellate Decision: The Trial court decision was affirmed. SUDDEN EMERGENCY The elements of the rule of non-liability known as sudden emergency are set forth in the case of Kilgore Mechanical...
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...following: Identify at least (2) two major historical turning points in the period under discussion. Death of Lincoln in 1865. Lincoln’s death changed the course of the country trying to rebuild after the Civil War. President Andrew Johnson was not popular and could not convince Congress especially the southerners to go along with him. Lincoln had a plan to build up the South and end the hate. He ordered amnesty and that the south be rebuilt. He pardoned, with a few exceptions, any southerner who would swear allegiance to the Union and the United States Constitution. His plan was to let the Confederate states back into the Legislature, but it was not working too well. We will never know how that went because he was assassinated. His idea always was to try to “mend fences” and forgive. The entire civil rights movement was set back because of the death of Lincoln. The Railroad The two railroads, the Union Pacific and Central Pacific met in Utah in May of 1869. It was merely ceremonial, but the real occasion was that it meant the railroads now would run from coast to coast. The availability of the railroad changed the face of the west and the whole of the United States. Remote places now could ship farm products and receive goods from markets elsewhere. Cattle could be shipped instead of driven and people could more easily get from place to place. Heavy shipments such as steel could be taken anywhere the trains would go. This was a boon to the Industrial revolution...
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...[pic] Submitted To Course Instructor: Mr. Abu Hena Mostafa Kamal Course Title: Human Resource Management Course Code: Fin 502 Program: MBA Department of Business Administration University of Asia Pacific Submitted By Mohammed Nayeem Ul Hasan ID: 12206047…………... Md. Mahmudul Haque ID: 11206010………….. Md. Ashraful Islam ID: 12106021………….. Date of Submission: (22/06/13) Letter of Transmittal To The Honorable Course Instructor Mr. Abu Hena Mostafa Kamal Department of Business Administration Program: MBA Course Title: Human Resource Management. University of Asia Pacific Sub: A Visit Report on Human Resource Policies & practice (Al-Muslim Group). Dear Sir, Here in our report on “Human Resource Practice in an Organization”. You assigned us to prepare this report as a part of Human Resource Management course requirement. While writing this report, we have tried to follow the given instruction. This report will help us to know the present situation of human resource in an organization. We have tried to gather accurate information about this topic. We sincerely...
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...Contents page Executive summary 1. Introduction............................................................................. 2. Single European Market........................................................... 2.1 Single European Act 1986................................................... 2.2 Benefits and costs............................................................... 3. EU Policies................................................................................... 3.1 The free trade policy............................................................. 3.2 Global Market........................................................................ 3.2.1 NAFTA & MERCOSAR................................................. 3.2.2 APEC........................................................................... 3.2.3 EU Vs Global Markets................................................. 4. Corporate Social Responsibility....................................................... 4.1 CSR and BP- Olympics in London; 2012..................................... 4.2 BP vs. the Consumer.................................................................. 4.3 Russian takeover with sex parties............................................. 5. Environmental policies.................................................................... 5.1 Kyoto protocol and the EU........................................................ 5.2 The EU and the environment.......................................
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...World Dialogue on Regulation for Network Economies Regulation and Investment: Case study of Bangladesh Harsha de Silva and Abu Saeed Khan August 2004 Abstract The paper considers the available evidence in determining a relationship, if any, in the Telecom Regulatory Environment [TRE] of Bangladesh and investments in to its telecommunications industry over the last decade. TRE is segmented in to market entry, access to scarce resources, interconnection, tariff regulation and regulation of anti-competitive practices while investments are all non-divestiture foreign and domestic private and public investment. The TRE in Bangladesh is found to be wanting in all defined aspects. Interconnection is the worst of the five components, where a mobile only parallel network is being created due to regulatory ineffectiveness where almost ninety percent of mobile users do not have access to a fixed phone. Investments in to the fixed sector in Bangladesh dominated by the state owned virtual monopoly have been sorely inadequate and continue to be dictated by the funds availability [or lack thereof] of the Government. The mobile sector on the other hand has seen some amount of investments flowing in led by the widely acclaimed GrameenPhone. However, once standardized to compare across the region, it is found, even though using imperfect data to compare, that the reason for this flow could be the rub off of the attractiveness of the region and not necessarily...
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...for: Lucy Wilson Submitted: 28 April 2014 Words: 1350 Prepared by: Kayla Vu 006146202 Executive Summary This report was commissioned by Renee Malan in order to The purpose of this report is to discuss about the process of a job analysis, in terms outlining the job description and job specifications and how job analysis information can be collected and as well as, providing an example of job description of a baker. Furthermore, this report will discuss in finding the suitable ways to attract a pool of qualified job applicants for the jobs either internal or external of the organisation, how to create a job and explaining how the strategic selection can be applied to select the best candidate for a baker by applying to within the practical context of bakery. Recruitment strategies are reported including the varieties of methods is used and showing the advantages and disadvantages. In conclusion, the report will finalise and recommend which recruitment method is best applied to bakery context as well as, why these methods are suitable and how the strategic selection can be applied to select the best candidate. This information will be presented individually under subheadings as a formal report. Specific information resources came from textbooks, journal articles and online resources such as eBook and internet. Table of Contents Executive Summary………………………………………………….………1 1. Introduction3 1.1 Authorisation 1.2 Limitations 1.3 Scope the report……………………………………………………………… ...
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...Google’s Country Experiences: France, Germany, Japan Summary: Stanford graduates Serger Brian and Larry Page founded Google in September 1998. In June 2000 it became the largest search engine in the world. They used Page Bank technology to perfect their web search, it made it more accurate and precise. Google made money two ways advertising on its website and selling its technology to other sites. Google’s advertising revenues stood at 21.1 billion dollars in 2008. Google wanted to expand into international markets. By 2000 Google users could search contents on the site in 10 different languages. In the same year Google included a large collection of international websites stamping Google’s plan to expand in international markets. Google realized that they made were revenue from the international market. In 2007 you could search for content on Google in 120 languages, and 160 domains. ComScore Inc. is a global internet information provider ranked Google as the top worldwide search property in August 2007 with 37.1 billion searches. Google expanded its portfolio by introducing an array of software and added services. It found ways to import books, and Television shows in the search engine. They added YouTube and DoubleClick, the two largest video websites. Google’s rise to dominance in the search engine world saw a lot of opposition and law suits. Countries and other cultures didn’t want to see Google dominating them, so they demanded that Google censor its contents in search...
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...Twenty-First Century 23 The Globalization Debate 24 Antiglobalization Protests 24 Globalization, Jobs, and Income 26 Globalization, Labor Policies, and the Environment 28 Globalization and,National Sovereignty 29 Globalization and the World's Poor 30 Managing in the Global Marketplace 31 Key Terms 33 Chapter Summary 33 Critical Thinking and Discussion Questions 34 Research Task 34 Closing Case: Legal Outsourcing 35 Introduction and Overview 2 Globalization 3 PART TWO Chapter Two Country Differences 36 National Differences in Political Economy 37 Opening Case: Ghana: An African Dynamo 37 Introduction 38 Political Systems 39 Collectivism and Individualism 39 Democracy and Totalitarianism 42 Economic Systems 44 Market Economy 44 Command Economy 45 Mixed Economy 45 Legal Systems 46 Different Legal Systems 46 Differences in Contract Law 47 Property Rights and Corruption 48 The Protection of Intellectual Property 51 Product Safety and Product Liability 53 Focus on Managerial Implications 54 Key Terms 55 Chapter Summary 55 Critical Thinking and Discussion Questions 55 Research Task 56 Closing Case:The Polish Surprise 56 Chapter Three Political Economy and Economic Development 59 b Opening Case: Who Makes the...
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...Pacific Brands 1. How has the organization performed in its implementation of the strategy? Customer perspective: Low performance No detail about customer satisfaction, repeat business, market share, product loyalty in case fact. However, sales in cornerstone brand Bonds fell, Kmart replaced Bond with its home-brand might indicates the decreasing of customer loyalty. Troubled footwear, outwear & sport business Internal process perspective: low to medium performance Profit margin and EBITA improved strongly indicate that the focus on simplify business operation and cost saving has delivered results. This is despite Pacific Brands exposed the impact of rising costs for cotton, Chinese labour and freight in the weak sales retail environment. Dividend reinstated in the 1st half year of 2011 also indicates ROE has improved. Learning and growth perspective: low to medium performance Downsize from 900 labels, 350-odd brands & 8000 staff to less than 100 brands; cut down 1800 jobs with 1200 made redundant in manufacturing Recruited talent top management team to ensure strategy capacities are developed to achieve future strategy goals. Strong market focus to ensure future sustainability and growth Financial perspective: low performance Debt level has been reduced, dividend has been restated, profit margin & EBITA have improved 30.1% to $104.5m 3-year restructuring program is on track to deliver net cost savings of $150m. However, sales decreased...
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