Saturday, May 23, 2020

Understanding The Words Culture, Management Terms, And...

Every country has different management practices. They all have unique approaches that have been found to be the most adequate or efficient way in accomplishing specific objectives. At some point we have heard the English terms culture, management terms, and business culture, yet we don’t have much knowledge about these terms definitions. On the other hand, some of us are not familiar with terms such as â€Å"wa†, â€Å"quanxi†, and â€Å" inhwa†, Which these terms are essential management terms in Japan, China, and South Korea. In this paper I will be analyzing my findings on the words culture, management terms, business culture, â€Å"wa†, â€Å"quanxi†, â€Å"inhwa†, what would be similar terms to describe American management practices, and if these terms sufficiently capture American management practices. Culture is a very broad word with multiple definitions. It can be defined as the knowledge, experience, beliefs, attitude and va lues passed from one generation to another. Culture can also be interpreted as a certain way of thinking and behavior that prevail in a place or organization. On the other hand, management is the act of controlling and most importantly making business decisions. Whereas term, is an expression used to indicate a concept in a specific kind of language or branch of study. If we combine the two words, management and terms, from the definition provided, the term refers to certain terminology used in the administration process of an organization/ entity. According to theShow MoreRelatedJapan, South Korean, And America Management Practices1194 Words   |  5 Pages South Korean, and America Management Practices Every country has different management practices. They all have unique approaches that have been found to be the most adequate or efficient way in accomplishing specific objectives. We have heard the English terms culture, management terms, and business culture, which are commonly used business terms in America. Nonetheless, we don’t have much knowledge about international business terms. International business terms such as â€Å"wa†, â€Å"quanxi†, andRead MoreHuman Management Practices At Japan, China, And South Korea1218 Words   |  5 Pagescountry has different management practices. They all have unique approaches that have been found to be the most adequate or efficient way in accomplishing specific objectives. We have heard the English terms culture, management terms, and business culture, which are commonly used business terms in America. Nonetheless, we don’t have much knowledge about international business terms. International business terms such as â€Å"wa†, â€Å"quanxi†, and â€Å" inhwa†, which are essential management terms in Japan, China,Read MoreImplementing Lean Into Smes Within Saudi Arabia Manufacturing Industries1680 Words   |  7 Pagesmanufacturing industries faces difficulties, while in larger companies, it is more likely to be implemented succesfully and gain the advantages of lean systems (Karim et al., 2011). Moreover, the culture of the organization plays a vital role, especially for the managers facing challenges to change culture (Graham-jones and Muhareb, 2015). It is necessary to have a feasible lean framework to assist the SMEs to implement lean successfully (Pingyu and Yu, 2010) . Saudi Arabia’s economy has depended onRead MoreGlobal Business Cultural Analysis Of Japan Essay1627 Words   |  7 Pages Global Business Cultural Analysis: Japan James Hendricks Liberty University Global Business Cultural Analysis: Japan Technological advancement has made globalization an inevitable factor that businesses of the future will need to consider in order to be successful. Increasingly, companies that have been solely domestic are branching out internationally for a wide variety of reasons, but in the end, it’s all about making profits from previously inaccessible market segments. Read MoreThe Second Hofstede Cultural Dimension Compared : Individualism Vs. Collectivism1643 Words   |  7 Pagesand American cultures, American culture scored relatively high (91) in the individualism dimension. On the contrary, the Japanese culture scored relatively low (46) which firmly categorizes the culture as Collectivist. To clarify, Americans places self over group (Individualist), whereas the Japanese value group over self (Collectivist). As it relates to Snap Fitness’s desire to open fitness clubs in Japan, group think may lend itself to two very lucrative aspects of the business. First, a collecti vistRead MoreJapanese Education vs American Education1106 Words   |  5 PagesAnalysis of Japanese Business Culture Along with recent globalization, the business market is now diffused everywhere in the world. Consequently, mega-competition and international co-operation are promoted simultaneously in the field of business. Under this circumstance, learning and understanding the business culture each country has is important to succeed in global business. As business culture is indivisible from a country’s cultural uniqueness, American-style business is formed in theRead MoreDoing Business in Korea Essay1610 Words   |  7 Pagespride in their nation and ancestors. The Korean culture is very foreign from that of Western society. Korea’s business culture is difficult for Americans to decipher. There are websites such as Korea4expats, koreanzbc, and even studies at universities such as Miami have done studies on these significant differences in business culture. American businesses biggest opportunity with Korea businesses is shifting away from their direct approach and understanding Korea’s underlying tones and nonverbal behaviorsRead MoreDefinition Of Dimensions Of Culture998 Words   |  4 Pages Dimensions of culture is an idea that expands over many professional and academic categories. Personally, this topic urges my curiosities cause of the career path I have chosen. I am on the path to becoming an Air Force Officer. This career possesses many different challenges and dealing with various dimensions of culture is a prominent aspect. Communication with various allied countries, respecting religious traditions, maintaining ethical values, recognizing religious and social customs are justRead MoreVietnamese Culture Evaluation1348 Words   |  6 PagesAssement 1 (1000 words): Discusss the key dimensions of national culture in your domicile (home) country using the frameworks of Hofstede (2001) including: Power Distance; Uncertainty avoidance; Individualism/ Collectivism; Masculinity/ femininity; long term orientation. Introduction In the â€Å"flat† world today, opening a business on abroad will be easier than before (Friedman, 2005). The manager from other countries will need to face with other culture aspect that they never met before. InRead MoreImpact Of Management On The Globalization Of Business1374 Words   |  6 Pages Impact of management in the globalization of business Ruth Wills University of the People Abstract The purpose of this paper is to show impact of management in the globalization of business. The following topics are addressed in this paper: 1. Definition of Multi-National Corporation 2. Cultures and Norms 3. Management Style and Culture Shock 4. Management Style of a Multi-National Corporation : Toyota Motors 5. Ethical and Economic challenges faced Multinational Corporation

Monday, May 18, 2020

Quick Geography Facts About Mexico

Mexico, officially called the United Mexican States, is a country located in North America south of the  United States  and north of  Belize  and  Guatemala. It has coastline along the  Pacific Ocean, Caribbean Sea, and the  Gulf of Mexico,  and it is considered the 13th largest country in the world based on area. Mexico is also the 11th most  populous country  in the world. It is a regional power for Latin America with an economy that is strongly tied to that of the United States. Fast Facts: Mexico Official Name: United Mexican StatesCapital: Mexico City (Ciudad de Mexico)Population: 125,959,205  (2018)Official Language: SpanishCurrency: Mexican pesos (MXN)Form of Government: Federal presidential republicClimate: Varies from tropical to desertTotal Area: 758,449 square miles (1,964,375 square kilometers)Highest Point: Volcan Pico de Orizaba at 18,491 feet (5,636 meters)Lowest Point: Laguna Salada at -33 feet (-10 meters) History of Mexico The earliest settlements in Mexico were those of the Olmec, Maya, Toltec, and Aztec. These groups developed highly complex cultures prior to any European influence. From 1519–1521, Hernan Cortes took over Mexico and founded a colony belonging to Spain that lasted for almost 300 years. On September 16, 1810, Mexico proclaimed its independence from Spain after Miguel Hidalgo formed the countrys declaration of independence, Viva Mexico! However, independence did not come until 1821 after years of war. In that year, Spain and Mexico signed a treaty ending the war for independence. The treaty also laid out plans for a constitutional monarchy. The monarchy failed, and, in 1824, the independent republic of Mexico was established. During the later part of the 19th century, Mexico underwent several presidential elections and fell into a period of social and economic problems. These problems led to a revolution that lasted from 1910–1920. In 1917, Mexico established a new constitution, and in 1929 the Institutional Revolutionary Party rose and controlled politics in the country until 2000. Since 1920 though, Mexico has undergone a variety of reforms in the agriculture, political, and social sectors that allowed it to grow into what it is today. Following World War II, Mexicos government focused primarily on economic growth, and, in the 1970s, the country became a large producer of petroleum. In the 1980s though, falling oil prices caused Mexicos economy to decline, and, as a result, it entered into several agreements with the U.S. In 1994, Mexico joined the North American Free Trade Agreement (NAFTA) with the U.S. and Canada, and, in 1996, it joined the World Trade Organization (WTO). Government of Mexico Today, Mexico is considered a federal republic, with a chief of state and a head of government making up its executive branch of government. It should be noted, however, that both of these positions are filled by the president. Mexicos legislative branch is comprised of a bicameral National Congress which consists of the Senate and the Chamber of Deputies. The judicial branch is made up of the Supreme Court of Justice. Mexico is divided into 31 states and one federal district (Mexico City) for local administration. Economics and Land Use in Mexico Mexico currently has a free market economy that has mixed modern industry and agriculture. Its economy is still growing, and there is a large inequality in the  distribution of income. Mexicos largest trading partners are the U.S. and Canada due to NAFTA. The largest industrial products that are exported from Mexico include food and beverages, tobacco, chemicals, iron and steel, petroleum, mining, textiles, clothing, motor vehicles, consumer durables, and tourism. The main agricultural products of Mexico are corn, wheat, soybeans, rice, beans, cotton, coffee, fruit, tomatoes, beef, poultry, dairy, and wood products. Geography and Climate of Mexico Mexico has a highly varied topography that consists of rugged mountains with high elevations, deserts, high plateaus, and low coastal plains. For example, its highest point is at 18,700 feet (5,700 m) while its lowest is -33 feet (-10 m). Mexicos climate is also variable, but it is mainly tropical or desert. Its capital, Mexico City, has its highest average temperature in April at 80 degrees (26ËšC) and its lowest in January at 42.4 degrees (5.8ËšC). More Facts About Mexico The main ethnic groups in Mexico are Indian-Spanish (Mestizo) 60%, Indian 30%, and Caucasian 9%.The official language in Mexico is Spanish.Mexicos literacy rate is 91.4%.The largest city in Mexico is Mexico City, followed by Ecatepec, Guadalajara, Puebla, Nezahualcà ³yotl, and Monterrey. (Its important to note, however, that Ecatepec and Nezahualcà ³yotl are also suburbs of Mexico City.) Which U.S. States Border Mexico? Mexico shares its northern border with the United States, with the Texas-Mexico border formed by the Rio Grande. In total, Mexico borders four states in the southwestern U.S.: Arizona, California, New Mexico, and Texas. Sources Central Intelligence Agency. CIA - The World Factbook - Mexico.Infoplease.com. Mexico: History, Geography, Government, and Culture- Infoplease.com.United States Department of State. Mexico.

Tuesday, May 12, 2020

The Conditions for Workers and Peasants Under the...

The Conditions for Workers and Peasants Under the Bolsheviks and Under the Tsars Rule Conditions for workers and peasants were deplorable under the rule of the Tsars, but not to the extent they were under the Bolsheviks. Despite the Bolsheviks claiming their policies were entirely in favour of the proletariat, peasants were forced to face horrific famine and a vast decline in living standards under rule by Lenin and the Bolsheviks. When Alexander II came to power in 1855 he realised that in order to modernise Russia and improve the weakening economy he needed to make dramatic reforms. In 1861 Alexander issued his Emancipation Manifesto, proposing 17 legislative acts that would free the serfs in†¦show more content†¦Under the rule of Tsars peasants and workers had fewer reasons to live in fear than under the Bolsheviks. The proletariat had more liberty and opportunity to express their views, and protest against iniquitous decisions made by the Tsar, as was outlined in the October Manifesto in 1905 which granted the peasants and workers freedom of conscience, speech, meeting and association. The Tsar’s Okhrana (state police) did successfully stop considerable worker/peasant protests such as Bloody Sunday and the October Revolution, but their terror is unparalleled to the fear the callous Bolshevik secret police force, the Cheka, brought to Russian peasants and workers, especially during the per iod of ‘Red Terror’. The Cheka were known to not only capture rebels, but often their families and friends as well. It is reported that entire villages were executed by the Cheka for being even vaguely associated with counter-revolution. Due to the reforms of the Tsars, peasants’ landholdings increased at a slow pace but without violent disturbances, which ensured a steady growth of production and prosperity. This cannot be said about peasant life under the Bolsheviks. Under Bolshevik ruleShow MoreRelated Political Change in Europe in the Modern Era Essay example1700 Words   |  7 Pagesof political and economic philosophers who challenged the power of autocratic government. Russia from Tsarism to Bolshevik Dictatorship Russia lagged behind Western Europe in its economic and political development. In the mid-19th century, Russia remained a feudal society with very little industrialization or urbanization, whose tsar had absolute power. Serfs, peasants who were bound to landowners and had no political rights, comprised the vast majority of the population. Tsar AlexanderRead MoreBolsheviks Seizure of Power in 19173134 Words   |  13 PagesBolsheviks Seizure of Power in 1917 There are many factors that help explain how and why the Bolsheviks managed to seize power in 1917. It was a combination of long and short term causes that together, created a revolution. The political system itself was long overdue for reform, but with a weak Tsar, the economic and social conditions became worse and worse. In 23 years, Nicholas II dropped from the glorious ‘Little Father of Russia’ to prisoners of his own countryRead MoreThe Russian Revolution Of 19171109 Words   |  5 PagesWorld War I was a direct catalyst, though arguably not the sole cause of the Russian Revolution of 1917. Even before the outbreak of war, the Russian population were largely dissatisfied with the government under the Tsarist regime. Though the Great War played a role in sparking the Russian Revolution, with much of the unstable faith in the Tsar collapsing in Military Russia, it would be naà ¯ve to discredit the mounting economic and social pressures that contributed to the fall of the Tsarist RegimeRead MoreThe Russian Revolution Of 19171646 Words   |  7 Pages1917 brought with it the fall of 300 years of Romanov rule and marked the beginning of the transition of Tsarism to Communism, from which Lenin established the Union of Soviet Socialist Republics, succeeded by Stalin. The Revolution is worthy of investigation as it is arguably the most significant event of the 20th century, considering that it helped shape many other subsequent events such as the Second World War and the Cold War. The Bolsheviks’ triumph can be accounted to two reasons: the first beingRead MoreThe Role of the Bolsheviks for the Decline and Fall of the Romanov Dynasty.2091 Words   |  9 PagesModern History Research Essay: The Russian Revolution (Task 1) Assess the role of the Bolsheviks for the decline and fall of the Romanov dynasty. The beginning of the 20th century brought radical changes to the social and political structure of autocratic Russia. It was a period of regression, reform, revolution and eradication. Eradication of a blood line that had remained in rule for over 300 years; the Romanov Dynasty. The central figure of this eradication was Tsar Nicholas II, often describedRead MoreTsar Nicholas II in Russia Essay718 Words   |  3 Pagessuffered numerous revolutions and defeats in wars under the regime. As a result their country was damaged, economically and socially. Russia was poverty stricken particularly in the countryside where the peasants lived. There were food shortages and a demand for land from the peasants. By 1900 industrialisation took its toll and many peasants moved from the country side to work in factories. Still there was unhappiness: workers demanded better working conditions and increased wages. The Tsar knew theirRead MoreWas the October 1917 Revolution a key turning point in the modernisation of Russia?1449 Words   |  6 Pages1856-1964? The October 1917 Revolution is undoubtedly a momentous and extremely important event in Russia’s history, one that ousted the centuries-old Tsardom that ruled over the empire, in favour of the radical communist movement in the form of the Bolsheviks, headed by one Vladimir Iliych Lenin. However, did this sudden move from autocracy to a supposedly more progressive democracy actually bring about the modernisation of Russia industrially, agriculturally and culturally, or was it simply a rebrandingRead MoreWhy Did the Tsarist Regime Collapse in 19172111 Words   |  9 Pagesand the Tsarist regime was due to collapse for and it was inevitable that it would happen soon, it finally did under Tsar Nicholas II in 1917. There were many factors as to why the Tsarist regime collapsed some of the most important were Tsar’s personality, political opposition ,peasants and workers and The World War I. One of the factors that lead the tsarist regime to collapse was Tsar’s personality. Nicholas II was coronated in 1894 but he wasn’t ready to be a Tsar because just in 1881 he witnessedRead MoreKarl Marx and The Russian Revolution Essay example967 Words   |  4 PagesGerman philosopher, is known for his revolutionary political ideas during the Russian Revolution. He established the idea of â€Å"materialist conception of history†, meaning how society and the economy is organized is determined by changes material conditions. He published this thesis in his manuscript called The German Ideology. While writing The German Ideology, Marx also joined the Communist League, an international proletarian organization, and wrote a polemic against P.J. Proudhon’s idealistic socialismRead MoreReasons For The Bolshevik Revolution Of 19173737 Words   |  15 PagesWhy did Tsarism collapse and due to what reasons did the Bolsheviks triumph in 1917? The Russian Revolution of 1917 brought with it the fall of 300 years of Romanov rule and marked the beginning of the transition of Tsarism to Communism, from which Lenin established the Union of Soviet Socialist Republics, succeeded by Stalin. The Revolution is worthy of investigation as it is arguably the most significant event of the 20th century, considering that it helped shape many other subsequent events such

Wednesday, May 6, 2020

America s Attitude Toward Violence And War - 1689 Words

Looking back at America’s history, we are a nation that was built on violence and war. Europeans came across the ocean to this land and brutally took it over from the Native Americans, we fought for our independence from the British on this land, and we even fought amongst each other. All of these disputes helped build what we know as The United States of America today. It seems that no matter what we do, violence seems to follow us, or in some cases we tend to seek it out. But not everyone in this nation has always been for the unimaginable amount of carnage we have partaken in. The feeling toward violence has had its ups and downs within our culture. We have gone through periods of supporting our nation in war and we have also gone through periods of disapproval of our governments choices to enter conflict. The main thing that dictates our nation’s attitude toward violence and war is the purpose in which we are fighting for. If the people of our nation feel that the issue is worth all of the repercussions that come along with war and it is something that needs to be fought for, then it will be largely supported. If it is something that thousands of people should not be risking their lives over, then it will be largely protested. Like stated before, the attitude towards our countries advances on violence and military action within society largely depends on the reasons why we enter the conflict in the first place. One war that we can look at and see, maybe notShow MoreRelatedThe Black Renaissance And The Great Depression971 Words   |  4 Pageseasy. Blacks in America have had a long struggle to gain equality and freedom, which still exists to this day. The years 1917 to 1945 were particularly tough for African Americans. Racial discrimination was at a high and segregation laws enforced the idea that blacks were inferior to the whites. African Americans desired to escape the unfair treatment and obtain equal rights, but found themselves stuck. The two World Wars drew African Americans North in search of jobs in the war industry, only toRead MoreThe Civil Rights Movement Essay1180 Words   |  5 Pagesunsettled with the way the civil rights movement was being toted out in the 1960s (Marable, 1992). As a consequence, someone assassinated the leader of the crusade; Dr.Martin Luther King Jr. Numerous blacks were so enraged at his death that there was severe turmoil in almost 100 cities. Prior to the movement, blacks had close to no political influence due to laws that were aimed to preclude blacks from voting. Over the 60s, racism changed histrionically in a multiform of ways. Modification affectedRead MoreDomestic Terrorism Is America s Greatest Threat : Mass Shootings And Hate Crimes1389 Words   |  6 PagesDomestic Terrorism is America s Greatest Threat: Mass Shootings and Hate Crimes I. Introduction The United States has been in a national state of emergency fighting a war on terrorism since September 11, 2001. The intelligence communities have pursued and tracked down terrorist suspects who pose a direct threat to this country, yet one of the greatest threat to this country is the astronomical number of mass shootings and hate crimes that have occurred in this country post 9/11. The UnitedRead MoreInfluence of The Cold War and on Literature992 Words   |  4 Pagesthrough 1963 was a time of great tension and fear in American history. The emotions in society influenced the writing of that time, resulting in two of the most powerful plays ever written: Inherit the Wind and The Crucible. These stories reflect the attitudes and personas of what was prevalent in the world at the time they were written. Inherit the Wind, written by Robert E. Lee and ___ Lawrence, has an array of characters that mirror the world during McCarthyism. The greatest similarity between InheritRead MoreThe United States And The Civil War860 Words   |  4 PagesMexico owned a large portion of North America. This Mexican territory included the current country of Mexico along with, Arizona, Colorado, California, New Mexico, parts of Nevada, and Texas. When the Mexican government allowed American to live in Texas conflicts arose between the settlers and government. The Americans rebelled and stared their own republic and asked to join the United States. After much debate, the Republic of Texas was annexed and shortly after a war broke out between the States andRead MoreThe Drug War Of America1407 Words   |  6 PagesThe drug war in America has shaped our society into what we know it as today, the war has so far been a failure where hundreds of millions of dollars, workforce, and policies have only served t o maintain the same rates of usage as those in the 1970’s. When the drugs hit America, they hit hard. Overwhelmed by drugs showing up in almost every town, America decided to declare war. Drugs first surfaced in the late 1880’s with Opium. Opium at the time was the most in demand drug choice. Opium comes fromRead MorePresident Franklin Roosevelt And The United States1699 Words   |  7 PagesDuring a 1928 goodwill speech in Latin America, President Herbert Hoover said, â€Å"We have a desire to maintain not only the cordial relations of governments with each other, but also the relations of good neighbors† (United States History). Hence, the Good Neighbor phrase was coined as the Coolidge Administration was criticized for armed intervention in Latin America. The Hoover Administration’s policies were created to strengthen relations with Latin America; for instance the retraction of the TheodoreRead MoreThe Vietnam War Era Of American History1700 Words   |  7 Pages Stanley Karnow describes the Vietnam War era of American history as â€Å"†¦a tragedy of epic dimensions†¦Ã¢â‚¬ 1 and it is fair to postulate that this is no understateme nt. One of the more pertinent ramifications of the Vietnam War was the deconstruction of fundamental, if somewhat illusory, American conceptions and ideals. The war shattered America’s hitherto unshakeable â€Å"confidence†2 in its political hegemony, military prowess and assumed authority in world order, i.e. â€Å"†¦its moral exclusivity, its militaryRead MoreSurfing- Counter Culture1501 Words   |  7 Pagesthroughout the 1950’s and 1960’s, the surfing sub-culture that was portrayed by the media, with retrospect to Gidget and Beach Part, began to diminish in the eyes of society; as a new breed of antisocial surfers stood in opposition of the culture that was created around them. With America fighting a World War across seas, the youth of this era were fighting themselves in order to establish a â€Å"distinction† from the normality that society was classifying by, in the Post World War II era. With capitalismRead MoreReligious Pluralism E ssay787 Words   |  4 Pageswere alive and well; the pluralization of the United States of America, the land of freedom of religion, and the right to worship without persecution. However, the Christian right wing religious group Operation Save America entered the Senate floor and began to heckle Rajan Zed, the Hindu priest, perpetuating that Hinduism is an â€Å"abomination†, as Hindus do not worship â€Å"The lord Jesus Christ†. This leads us to ask the question: Is America a land of religious pluralism, or is it a land of â€Å"vociferous

Ratio Analysis Memo Free Essays

Ratio Analysis Memo July 9, 2012 Memo To: From: Date: July 9, 2012 RE: Kudler Fine Foods ratio analysis One of the things that we will be going over is some of the ratios for Kudler Fine Foods through Liquidity, Profitability, and solvency ratios. We will look into some of the finding that were found through these ratios and discuss them. One of the things that we found was where Kudler Fine Foods’ position is with these ratios. We will write a custom essay sample on Ratio Analysis Memo or any similar topic only for you Order Now The first area that we look at is profitability. Profitability Ratios: When looking through the profits of the company through the balance sheets we will look at a couple of areas. The first area that we will look into is the asset turnover of the company. The beginning assets started in at $1,971,000. When you take that by the total assets of $2,675,250 you get the turnover margin which is 4. 04. Net Sales___ = Asset Turnover $10,796,200 = 4. 04 Total Assets $2,675,250 Next area we see is the profit margin. You see through the balance sheet that Kudler Fine foods over the board did pretty good when you look at it from a profit stand point. The way we calculated the profit margin was Net Income over sales and this was the information that we got: Net Income = Profit Margin$668,950__ = . 06 Net Sales $10,796,200 Looking into the return on assets it was interesting to see some of the findings when we calculated. Net Income____________ = Return on Assets $668,950 = . 28 (Beginning + Ending total assets)/2 ($1,971,000 +$2,675,250)/2 Return on Common stockholders’ equity: Net Income = Return on Common stockholders’ equity. $668,950 =. 0 Shareholders’ equity $746,290 Solvency Ratios: Solvency ratios measure the company’s ability to meet long-term obligations. This is a ratio that measures the company’s size after tax income. One of the things that you look at with solvency ratios is debt to total assets. Total liabilities = Debt to total assets $746,290 = . 27 Total Assets $2,675,250 The other area that is measured in Solvency ratios is Time interest earned: Earnings before interest Taxes = Time Interest earned $10,796,200 = $1,376. 8 Interest Expense $7,845 Liquidity Ratios: A company is labeled by how easily it can meet its short term obligations. Something that I think is happening pretty well at Kudler. When you look at the different ratios of the Liquidity you see some good numbers. Let us dive into these ratios so you can see what I am talking about. Current Ratio: Current Assets = Current Ratio$1,971,000 = $16. 94 Current Liabilities $116,290 Receivables Turnover: Sales Revenue = Receivable Turnover $10,804,000 = $12. 60 Average Acct Receivable $86,000 Inventory Turnover: Cost of goods sold = Inventory Turnover$8,974,831 = $10 Average Inventory($467,890 + $429,090)/2 Acid Test: Liquid Assets = Acid Test$1,971,000 = $16. 94 Current Liabilities$116,290 When you look at the overall ratios of Kudler Fine Foods you see that things are going in the right direction. Looking at the profitability margins you see increases in a short amount. Anything with an increase is good news. I would say that Kudler Fine Foods is in good condition and is steadily improving. How to cite Ratio Analysis Memo, Essay examples

Ratio Analysis Memo Free Essays

Ratio Analysis Memo July 9, 2012 Memo To: From: Date: July 9, 2012 RE: Kudler Fine Foods ratio analysis One of the things that we will be going over is some of the ratios for Kudler Fine Foods through Liquidity, Profitability, and solvency ratios. We will look into some of the finding that were found through these ratios and discuss them. One of the things that we found was where Kudler Fine Foods’ position is with these ratios. We will write a custom essay sample on Ratio Analysis Memo or any similar topic only for you Order Now The first area that we look at is profitability. Profitability Ratios: When looking through the profits of the company through the balance sheets we will look at a couple of areas. The first area that we will look into is the asset turnover of the company. The beginning assets started in at $1,971,000. When you take that by the total assets of $2,675,250 you get the turnover margin which is 4. 04. Net Sales___ = Asset Turnover $10,796,200 = 4. 04 Total Assets $2,675,250 Next area we see is the profit margin. You see through the balance sheet that Kudler Fine foods over the board did pretty good when you look at it from a profit stand point. The way we calculated the profit margin was Net Income over sales and this was the information that we got: Net Income = Profit Margin$668,950__ = . 06 Net Sales $10,796,200 Looking into the return on assets it was interesting to see some of the findings when we calculated. Net Income____________ = Return on Assets $668,950 = . 28 (Beginning + Ending total assets)/2 ($1,971,000 +$2,675,250)/2 Return on Common stockholders’ equity: Net Income = Return on Common stockholders’ equity. $668,950 =. 0 Shareholders’ equity $746,290 Solvency Ratios: Solvency ratios measure the company’s ability to meet long-term obligations. This is a ratio that measures the company’s size after tax income. One of the things that you look at with solvency ratios is debt to total assets. Total liabilities = Debt to total assets $746,290 = . 27 Total Assets $2,675,250 The other area that is measured in Solvency ratios is Time interest earned: Earnings before interest Taxes = Time Interest earned $10,796,200 = $1,376. 8 Interest Expense $7,845 Liquidity Ratios: A company is labeled by how easily it can meet its short term obligations. Something that I think is happening pretty well at Kudler. When you look at the different ratios of the Liquidity you see some good numbers. Let us dive into these ratios so you can see what I am talking about. Current Ratio: Current Assets = Current Ratio$1,971,000 = $16. 94 Current Liabilities $116,290 Receivables Turnover: Sales Revenue = Receivable Turnover $10,804,000 = $12. 60 Average Acct Receivable $86,000 Inventory Turnover: Cost of goods sold = Inventory Turnover$8,974,831 = $10 Average Inventory($467,890 + $429,090)/2 Acid Test: Liquid Assets = Acid Test$1,971,000 = $16. 94 Current Liabilities$116,290 When you look at the overall ratios of Kudler Fine Foods you see that things are going in the right direction. Looking at the profitability margins you see increases in a short amount. Anything with an increase is good news. I would say that Kudler Fine Foods is in good condition and is steadily improving. How to cite Ratio Analysis Memo, Essay examples

Ikea in Japan And United Kingdom

Question: Discuss about theIkea in Japan And United Kingdom. Answer: Ikea Ikea stands as a multinational chain of retail organizations that projects and crafts organized sets of amassing the furniture as well as domestic equipment and fittings. The Company originated in the land of Sweden in 1943 but disseminated its services along 48 discreet nations of the world.. The constituents represent sustainable values with environmentally friendly objects to glorify the decency of innovation and upsurge the views of product expansion with 12000 varieties in more than 388 operating zones across the globe. It has quite cheater prices of elements and mostly founded on wooden base. The revenues production displays a value of 29.293 billion as per the statistical analysis of 2014. The present status of employees comprises a summation of 172,000 as global illustration (www.ikea.com, 2016). Differences in Outlooks of Employee Management of UK and Japan (Non-Standard Work, Dual patterns of Employer, Coordination, Outsourcing and Organizational Fragmentation) Ikea in UK mainly targets to capture the women and younger cohorts for its production of unique products. The company claims to follow the minimum necessities of the suppliers code for the doctrines of performance while distributing and delivering the products and amenities to the destined locations. There exists a disparity in the recruitment of labours and other categories of employees that lead to administrative fragmentation as the contractual workers are not liable to obey all the regulations of workplace that applies in the case of established employees (Mazenod, 2013). This disturbs the internal harmony owing to the variations in inter-personal relationships and presents the degraded value of standardization of effort. The reclusive insolence of particular labors may be focused out with the candidness of interface between the workforces as well as the employer. This suggests the group to evaluate the operative value but the analysis of the communication strategies indicates th e recording of performances as per the cultural implication of the guidelines and industrial variations modified by the employer (Schmitt, 2012)..The declaration that the home-based supplying vendor will compensate its supervisors with a least possible payment of 9.15 per hour in the city of London besides a sum of 7.85 crossways the other parts of United Kingdom since April labeled as an enormous novelty by dint of the crusade of living earnings It attempts to resolves an intensification in the system of compensation for additional 4,500 workers and proclaims the dual patterns of behavior of the employer (Armstrong and Taylor, 2014). The potentialities of Japanese counterpart related to the workforces are from time to time not seamlessly acknowledged by the device of acquisition. The employees from precise zones of aptitude are not apportioned with the obligatory tasks and job timetables. There is no specific duration of functional procedures. The experiences are essential to be flawlessly accorded with the requirements of the particular post with functional illustration. The operators need to be skilled and competent to meet the criteria (Dowling et al. 2013). The preoccupation of newfangled workers instead of aged personnel counting both the sexes generates the underpinning of the dual actions of the employer including structural disintegration. This enables the employers to offer fewer extents of wages to the inexperienced and child workers. The communal ambition of the delicacy of the judgments of convergence is instinctive for the domestic financial circumstances in Japan. The Japanese employees depend on on the implication of anticipation of the Hofstedes avoidance that crops the idea of national and collective defense (Machado, 2015). Similarities in Perspectives of Employee Management (non-Standard work, Dual Patterns of Employer, Coordination, Outsourcing and Organizational Fragmentation) The determinations and philosophies of HRM are required to be evocatively applied in obtaining, developing, upholding the happenings additionally so long as rewards to labours are concomitant with the business. There are varied patterns of non-standard employment in both European and Asian chapters of Ikea production. The workers are continuously hired for multipurpose assignments, say, for short or long tedious hours on hourly or daily or weekly basis of payment structure (Jones, 2015). The exertion of child labour is a negative aspect compared to other business organizations. There is quite a considerable share of women participants in discreet positions of the unit. Sometimes, the employees are recruited for contractual service that degrades the essence of the working standards as the pattern of operational pursuits differ with the regulatory framework ascertained for the permanent employees. It facilitates the management to devise a less-sophisticated scale of payment infrastruct ure for the recruited personnel that resolves the economic problems for the specific phase of functional system (Philip and Sharma, 2013). The outsourcing of individuals for diverse causes may not promote to upsurge the level of performance with appropriate forms of knowledge and awareness to fulfil the objectives of organizations. There exists a vital difference among temporary and perpetual staff members in remunerations and rewards for excellence at work. The supplementary benefits for health and social care with legal aids are not provided to the contractual labours. Assertions on diverse features of exertions must be consistent and precise with other social stand-in decisions. It confers to a series of predictable and progressive drivers through wide-ranging workspaces and consultations with prolific negotiations. The personnel need to go through dynamic preparation to promote the standards of proficiency with communicative services to interchange their visualization and opinio ns (Hyondong and Sung-Choon, 2011). Figure: Hofstedes cultural Difference (Source: www.devond.com, 2016) References Anastasia, P. (2014) 'European Judicial Training: Promoting The Development Of Standardised Training Materials And An Interactive Training Methodology'. ERA Forum 15(3), pp. 319-324. Armstrong, M and Taylor, S. (2014) Armstrong's Handbook of Human Resource Management Practice. 13th ed. London: Kogan Page Limited DevOnD - Development On Demand. (2016). Hofstede model - DevOnD - Development On Demand. 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International Journal of Training and Development 18(1), pp.53-65. Philip, A., and Sharma, S. (2013) 'A Stochastic Reward Net Approach For Reliability Analysis Of A Flexible Manufacturing Module'. Int J Syst Assur Eng Manag 4(3), pp. 293-302. Schmitt, N. (2012) The Oxford Handbook of Personnel Assessment and Selection, Oxford: Oxford University Press www.ikea.com, (2016). Ikea-code-of-conduct-the-iway-standard [online] Available at: https://www.ikea.com/ms/sv_SE/pdf/reports-downloads/ikea-code-of-conduct-the-iway-standard.pdf [Accessed 25 Oct. 2016].