...domesticfinancial management? Discuss each briefly.) See Above Questions... Select a Virtual Organization using the student website. Assume your organization is privately held, wants to expand operations, and is faced with three options for expansion: • Going public through an IPO • Acquiring another organization in the same industry • Merging with another organization Prepare a 1,050- to 1,400-word paper in which you compare and contrast options and make a recommendation about which strategy the organization must choose. Address: • Strengths of each approach- • Weaknesses of each approach - minimum of 350 words 22-1. What additional factors are encountered in international as compared with domestic financial management? Discuss each briefly.- 22-2. What different types of businesses operate in the international environment? Why are the techniques and strategies available to these firms different?- 22-3. What is meant by arbitrage profits?- 22-4. What are the markets and mechanics involved in generating (a) simple arbitrage profits, and (b) triangular arbitrage profits?- 22-1 When comparing the Domestic Financial Management with International Financial Management, the most important factor is Exchange Rate. Exchange rate arises between a domestic company (DC) and a multi-national corporation (MNC). Multi-National corporations have operations all over the world. Because of this they have dealings with international groups of customers...
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...Steps to Writing a Grant Proposal Axia College Steps to Writing a Grant Proposal Section One: Grant Proposal Writing Funding is major issue for all organizations. For-profit businesses depend on loans and revenue to support them, build inventory, and expand. Non-profit organizations are slightly different; they depend primarily on grants and donations to continue operations. Writing grant proposals is an important aspect of the financial well-being of any human services agency. With a little talent, proper support, the right connections, and well-aimed program plans, an organization may tap into the resources offered by government, private industry, and other charitable organizations. When writing a grant proposal, there are several important steps which must all be followed if they are to be seriously considered by donors. After finding an appropriate Request for Proposal (RFP) or Request for Application (RFA), it is important to write the proposal to address the issues for which the donor is offering support or program monies. The first step is to write an abstract of your proposal; it contains a basic summary of your proposal including the name of your agency, type of agency, purpose and objectives of the project, specific interventions of the project, target population, location and setting of the project, and relevance of the proposed project to the funding intentions. (Terao & Yuen, 2003) The table of contents is the next phase of proposal submission....
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...Generic Benchmarking University of Phoenix MMPBL/520 June 7, 2010 Generic Benchmarking Introduction Organizations and companies face many new and increasing complex challenges in today’s complicated business world. Because of the nature of our society and changes in our workforce resolving these challenges are becoming more and more difficult for today’s managers. Today, if a company is to be successful, management and the leadership groups must consider many things besides the bottom line. Management must ensure that their vision and mission statements reflect the true meaning of the company’s goals and objectives. This communication of the goals and objectives can be done in several different methods. Organizations must take a hard look at their management and leadership styles and if fits into the culture the organization. Management must also ask themselves if they are developing company loyalty from the employees and if the working environment is encouraging employees to be committed to the fulfilling the goals and objectives of the company, thus being about motivated employees for the success of the company. Management should also be willing to solicit feedback from employees, shareholder and customers to determine how they are communicating a common message of what management desires the organizational culture to be and to ensure that the vision and mission statement is clear for all to...
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.....…PG. 8 GRAND STRATEGY………………………………………………………………..PG. 8 RECOMMENDATION………………………………………………………………PG. 9 IMPLEMENTATION………………………………………………………………...PG. 10 OBJECTIVES………………………………………………………………………...PG. 10 FUNCTIONAL TACTICS…………………………………………………….……..PG. 10 ACTION ITEMS…………………………………...…………………………………PG. 11 MILES STONES AND DEADLINES……………………………………………….PG. 11 TASKS AND OWNERSHIP………………………………………………….……...PG. 12 KEY SUCCESS FACTORS……………………………………………………….…PG. 13 BUDGET AND FORECAST………………………………...…………………….…PG. 14 CONTINGENCY PLAN…………………………………………………………..…PG. 15 CONCLUSION.………..………………………………………………………….…PG. 16 REFERENCES.………………………………………………………………………PG. 17 Executive Summary Following this summary is the proposed strategic plan for Wawa as the organization expands to the Florida market. Wawa’s core values demonstrate the organization’s desire to please the customer, build lasting relationships, and providing quality service. Wawa designs the culture and environment of the stores to be a warm, friendly, and comfortable environment, enticing customers to return frequently. Leadership at Wawa strongly believe that once a customer enters a Wawa store, the employees, quality, and prices will entice him or her to become a loyal customer, building a relationship that will last a lifetime. A key aspect of Wawa’s success is the customer loyalty and quality of food service. Employees create a home environment, welcoming the customers with a fresh meal, and competitive prices, leaving the customer satisfied...
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...companies selling and buying methods will be done as well as how it compares to other companies who are utilizing e-commerce. Three Online Customer Management Software tools will be evaluated to determine which to recommend to Sara Lee Corporation. The expectation is that Sara Lee will incorporate CRM with e-commerce to better serve their customer base and improve on their bottom line. Sara Lee is a business-to-business company which means they are mostly involved in wholesale. Because of the nature of their business model Sara Lee often have long term relationship with its customers. Combining e-commerce with an effective CRM, Sara Lee Corporation will be able to increase revenue without necessarily increasing its overhead and cost of operation. Having a dynamic e-commerce site will also enable Sara Lee to deploy free shipment tracking from...
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...Burger King Abstract Burger King is a very well-known chain of fast food restaurants that serves over 11 million people daily. Their top competitor has been McDonald’s up until now, but this may possibly change in the near future. They have come a long way in the past few decades. They have faced good times and some not so good times. They have had good leadership as well as some that were considered sub-par. Included in the following paper you will find a SWOT analysis of Burger King and the effects of the issues discussed directly. The way a company handles the information that a SWOT provides can make or break a company no matter how small or how large they may seem. History/Background Burger King is a world renowned fast food chain, also known as the “Home of the Whopper,” that serves over 11 million clients across the globe (Burger King, 2014). They serve breakfast, lunch, and dinner. Burger King was not always like it is now. It was originally founded on July 28, 1953 by Keith J. Kramer and Matthew Burns as Insta-Burger King. After the company ran into financial difficulties a year later in 1954, it was purchased by its Miami, Florida franchisees, James McLamore and David R. Edgerton. They initiated a corporate restructuring of the chain, first renaming the company Burger King, then opening the first Burger King restaurant was in Miami, FL and was advertised as the “home of the whopper”...
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...decrease financial performance due to agency costs” “An agency cost is a type of an internal cost that arises from, or must be paid to, an agent acting on behalf of a principal. Agency costs arise because of core problems such as conflicts of interest between shareholders and management. Shareholders wish for management to run the company in a way that increases shareholder value. But management may wish to grow the company in ways that maximize their personal power and wealth that may not be in the best interests of shareholders.” “Some common examples of the principal-agent relationship include: management (agent) and shareholders (principal), or politicians (agent) and voters (principal). Agency costs are inevitable within an organization whenever the principals are not completely in charge; the costs can usually be best spent on providing proper material incentives (such as performance bonuses and stock options) and moral incentives for agents to properly execute their duties, thereby aligning the interests of principals (owners) and agents.” Family firms lose its focus and initially its strategies during the transition period. These firms would be performing perfectly in sync with utmost respect for each other but when the time comes for choosing the next successor...
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...(Company Confiden al) ....................................Page 7 Case Study 2: Germany, Trading Company With Bunkering Opera ons (Company Confiden al)...................................Page 7-8 Case Study 3: Africa, Regional Trading Company: Linetrale ............................................................................................Page 8-9 Case Study 4: Russia, Large Integrated Oil & Gas Company: TNK-BP.........................................................................Pages 10-11 The Costs Of Failing To Manage & Control Risks Are High. The Right ETRM System Is Essential. Don’t buy ANY Trading and Risk Management Until You’ve Read This 10-Point Guide In these tough mes there’s no doubt that managing risk within your organiza on should be a top priority. The costs of failing to manage and control risks are high, but the right Trading and Risk Management system configured in the right way...
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...to safeguard its assets from employee theft, robbery, and unauthorized use. The second goal is to enhance the accuracy and reliability of its accounting records. This is done by reducing the risk of errors and fraudulent activities in the accounting process. Public companies are now required by regulations Sarbanes-Oxley Act of 2002 (SOX) among them to formalize control procedures in writing. Privately held companies and other organizations also have an interest in the benefits that result from formalizing and documenting their internal control procedures. Companies must develop sound principles of control over financial reporting and continually assess that the controls are working. The new rules require management to disclose to the public any material weakness identified by management. The report must also state that the company’s independent public accountant who audited the financial statements included in the annual report has attested to and reported on management’s evaluation of internal control over financial reporting. This new attestation requirement under Section 404 expands the scope of the accounting firm’s audit procedures beyond the work required solely to render an opinion on the financial statements (1). Without adequate controls to ensure the proper recording of transactions, the resulting financial data may become unreliable and undermine management’s ability to make decisions, as well as its credibility with shareholders, regulators, and the public. From...
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...Nova Southeastern University Wayne Huizenga Graduate School of Business & Entrepreneurship Assignment for Course: MGT5015 Submitted to: Submitted by: Date of Submission: Title of Assignment: CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data, ideas of words, whether quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student Signature: ___________________________ Student Signature: ___________________________ Student Signature: ___________________________ Student Signature: ___________________________ Student Signature: ___________________________ ******************************************* Instructor’s Grade on Assignment: Instructor’s Comments: Table of Contents Introduction……………………………………………………………………………pg. 3 Legal Section………………….……………………………………………………....pg. 5 Relevant Legal Principles…………………………………………..................pg. 6 Application of Law …………………………………………….….………….pg. 7 Legal Conclusion………...…….……………………………….……..............pg. 8 Ethic Section……………………………………...……………………….…………..pg. 8 Utilitarian Ethical Analysis……………………………………………………pg. 8 Kantian Ethical Analysis……………………………….………….................pg. 12 Machiavellian Virtues………………………………………………………..pg...
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...Areas of Business Management Operations Marketing Accounting Finance Management- planning, organizing, staffing, directing, and controlling a company’s resources so it can achieve its goals Operations- converts resources into goods or services to ensure products are high quality Marketing- everything that a company does to identify customers’ needs and design products to meet those needs Accounting- measures, summarizes, and communicates financial and managerial information and advise other managers on financial matters Fields of Accounting Financial Accountants -Prepare financial statements -Assess financial strength Managerial Accountants- Prepare internal reports Finance- planning for, obtaining, and managing a company’s funds Economics- study of the production, distribution, and consumption of goods and services Economists’ Questions What goods & services should be produced? How should goods & services be produced? Who receives the goods & services produced? Mix Market Economy- a mixed market economy relies on both markets and the government to allocate resources Privatization- converting previously government-owned businesses to private ownership Gross Domestic Product- market value of all goods and services produced by economy in a given year includes only goods and services produced domestically Business Cycle Has four phases: Prosperity- economy expands, unemployment is low, income rise...
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...Symantec Corporation and the Device-Centric Strategy BA 301 Final Term Paper 3/17/14 Table of Contents Executive Summary……………………………………………………………………………… 3 Position…………………………………………………………………………………………... 4 Sense…………………………………………………………………………………………....... 8 Uncover…………………………………………………………………………………………. 10 Solve…………………………………………………………………………………………..... 12 Build…………………………………………………………………………………………...... 14 Achieve…………………………………………………………………………………………. 17 Conclusion……………………………………………………………………………………… 19 Works Cited…………………………………………………………………………………….. 20 Appendix A…………………………………………………………………………………….. 22 Executive Summary This report focuses on Symantec Corporation and the problems and symptoms the company faces. Throughout the report one will gain knowledge about the company in general and learn about different problems the company faces. Financial standing of the company will be given and their competitors will be listed. Over the last few years the company has faced issues with leadership and their financials have stayed in the same place. As of 2012 Symantec acquired a new CEO who hopes to implement a new strategy into the business by focusing on protection tablets and smartphones rather than just computers. Even though the strategy is new Bennett has to come up with ideas on how to get the product out to their customers. One solution to this that will be discussed is using word of mouth through their philanthropic giving program. If Symantec can get the device-centric...
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...Roundy’s who is in turn owned by Willis Stein & Partners, an equity investment firm based in Chicago. This paper will focus on the relationship between Roundy’s and Pick n Save and briefly touch on the influence of the parent company. Some parts of the paper wills stress areas fo the Pick n Save store because it is the largest of the four banners of Roundy’s. We have determined the current market and geographic location to be concentrated in southeast Wisconsin and moving West to Minnesota. A long term object of Willis Stein & Partners is to create a distribution chain from Chicago to Milwaukee. Our evaluation of Roundy’s strategic goals have resulted in identification of several grand strategies that Roundy’s uses in its daily operations as well as short and long term goals. An interesting note is that in the supermarket environment, Roundy’s and similar companies will sell their own brand of goods along with there competitors goods side by side. So Roundy’s is a distributor of grocery goods, health and beauty, and other household items, as well as a manufacturer of the about items....
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...customer service. Make Your Dealers Your Partners by Donald V. Fites A decade ago, many observers predicted that Caterpillar would join the long list of U.S. corporations that had fallen to the Japanese. Doomsayers on Wall Street, at business schools, and in the press focused particularly on the rivalry between Caterpillar and Komatsu. With Komatsu boasting tremendous eost advantages (as much as 40% in some product lines) and excellent produets, they accepted as a foregone conclusion that Komatsu would fulfill its vow to "encircle Cat" and become the dominant producer in our industry. Uke many predictions, this one fell short. Despite determined efforts by Komatsu, Hitachi, Kobelco, and others, our overall share of the world market for construction and mining equipment is the highest in our history. We have maintained our strong position in fapan through Shin Caterpillar Mitsubishi, our 33-year-old joint venture with Mitsubishi Heavy Industries. And after suffering some 84 fearsome losses in 5 of the 11 years from 1982 through 1992, we have rehounded financially with record profits and a return on equity in the mid to high thirties. I'm often asked how Caterpillar rose to the challenge. Several factors played a part. They include the tremendous value of our hrand name; the excellent quality of our produetS; the high resale value of our machines; a reorganization of the corporation to push decision making down into the organization to make the company...
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...Dillanos Coffee Roasters Marketing Plan I. Executive Summary Dillanos Coffee Roasters roasts approximately 3.2 million pounds of coffee per year to deliver it to more than 1,500 clients throughout North America. They are a privately held company that was built on passion by artistically bringing out coffee's inherent character with just a small nudge of time and temperature. As a wholesale roaster their customers range from independent coffee retailers to kiosks. The business has continued to expand, from a tiny three-person company to a nationally recognized roaster with more than 1,500 customers across the country. They were also named the 2011 Macro Roaster of the Year by Roast Magazine. Today, Dillanos employs more than 65 staff members and roasts for some of the country's most recognized specialty coffee brands and cafes. Even with all their success their mission remains the same: Help People, Make Friends, and Have Fun! Environmental Analysis Dillanos Coffee Roasters has been in business for over nineteen years. The business has been successful and marketing will be a vital part to continue their success. When the company started it was apparent that while roasting excellent coffee takes an unwavering commitment; it also took more than great coffee for their retailers to thrive in a competitive business environment. They immersed themselves in the specialty coffee industry, learned how to harvest the best coffees from around the globe and roast them...
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