Case Study - 1175 Words

Question 1: Go back in time to 1986.Do a SWOT analysis for Telefonica de Espana. Does your analysis lead to the same conclusions as Telefonica’s managers? Answer: According to the question, I’ll do a SWOT analysis in the following article. SWOT is an acronym for ‘Strengths, Weakness, Opportunities and Threats.’ I’ll do the analysis in two ways: internal factors and external factors. First analysis for internal factors: Strengths: 1.Telefonica is a state owned enterprise(SOE), it has strong economic background. So it is not vulnerable to financial crisis. 2.Telefonica has a competitive advantage vis-à  -vis local entrepreneurs in accessing technology, capital and managerial talent. 3.Telefonica is the†¦show more content†¦If I was a senior manager at the parent corporation, I think the complaints were reasonable. So I will recommend the CEO that: first, we should consider the new way to divide profit like according to the proportion of invested capital or shares. In this way, the management fees that should be reduced. So the subsidiaries can make more efforts on spread the concepts of theirs to the world. In this way, the subsidiaries can keep their competitiveness. Second, I would also suggest the CEO to developed more potential product line locally instead of transferring product lines with high growth potential from the subsidiaries to the parent, because of it may improve minor holders activeness on focusing daily management. Sometimes compensating them can be a effective way to reduce complaints. And it s a effective way to make the corporation more united. Subsidiaries are also very important. Question4: Many South American countries are in the process of deregulating their telephone industries. How should Telefonica response to the increased likelihood of new entrants into its formerly protected markets? Answer: I will make a business strategy in following three parts: 1.Differentiation strategy: Telefonica is a state owned enterprise, it has strong economic background. And it has a competitive advantage vis-à  -vis local entepreneurs in accessingShow MoreRelatedCase Studies : A Case Study Approach Essay1157 Words   |  5 PagesA case study is a specific instance that is frequently designed to illustrate a more general principle (Nisbet and Watt, 1984). Hitchock and Hughes (1995) further suggest that the case study approach is particularly valuable when the researcher has little control over evens. Case studies strives to portray ‘what it like’ to be a particular situation, to catch up reality and ‘thick description’ (Geertz, 1973) of participants’ lives experiences of, thoughts about and feelings for a situation. TheyRead MoreCase Study887 Words   |  4 PagesCHAPTER I INTRODUCTION 1.1 Reasons choose the case 1.2 The Problems The problems of this case are: 1. How would you characterize Lincoln Electric’s strategy? In this context, what is the nature of Lincoln’s business and upon what bases does this company compete? 2. What are the most important elements of Lincoln’s overall approach to organization and control that help explain why this company is so successful? How well do Lincoln’s organization and control mechanismsRead MoreBusiness Case Study : Business Case Studies997 Words   |  4 PagesWriting Business Case Studies How to Write Business Case Studies The objective of this part of the course is to use your case study to help you solve real company problems and to make the learning more relevant to your experience. The Business Case Study you are being asked to start today will provide information for yourself and the class to permit constructive feedback. You will have to use all of your research, writing and analytical skills to write your Company Case Study. You must give enoughRead MoreCase Study148348 Words   |  594 Pages978-0-273-73552-6 (web) All rights reserved. Permission is hereby given for the material in this publication to be reproduced for OHP transparencies and student handouts, without express permission of the Publishers, for educational purposes only. In all other cases, no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without either the prior written permission of the Publishers orRead MoreCase Studies13817 Words   |  56 PagesCASE STUDY #1 A Job Search Dilemma Eric, a second-semester senior, is looking for a job. Anxious about finding work in the worst economy in decades, he sends out scores of resumes for a wide variety of positions. The first call he gets is for a position that doesnt really interest him, but he figures he should be open to every opportunity. He schedules an interview, which he aces. In fact, the recruiter offers Eric the job on the spot. He would like Eric to start as soon as possible. Should EricRead MoreCase Study 8985 Words   |  4 PagesCase Study 8 Based on the January through June 2010 cash budget, what is the maximum monthly loss during the six-month planning period? What is the maximum cumulative borrowing balance? (For purposes of this question, disregard any interest payments on short-term bank loans or interest received from investing surplus funds.) Maximum monthly loss is in June: -$60,750. The maximum cumulative borrowing balance is $99,000 in February. What does the monthly cash budget reveal that indicatesRead MoreCase Study : The Angel 1089 Words   |  5 Pages Case Study #1 The Angel, 1997 Susan Meeks, an alias, woke to what she thought was the middle of the afternoon. A bright yellowish light was shining through the west window of her travel trailer. An other world being was in the room and was as tall as the ceiling of the trailer. She went to the bathroom where she washed her face with cold water and stayed in there long enough to smoke a cigarette. When she went back to the bedroom the being was still there. The being showed her futureRead MoreThe Case Study Of The Company1468 Words   |  6 PagesOverview of Case Study In the case study by Spector titled, Transferring Innovation Across National Boundaries, (Spector, 2012) company named Minnesota Biolabs (MB) provided laboratories with a quality test for contamination of injectable medications. This test required the use of live rabbits that led to the rabbit’s death after the test. The company was headquartered in Minneapolis, however they were organized with four, somewhat independent, national units in Europe and Japan, each run by aRead MoreLaw of Case Studies1514 Words   |  7 PagesZulfatah Arif SCM-019741 Work Psychology in Communication, Writing and Reporting COM 2153 Mr Haji Adenan Case Studies An Unmotivated Building Inspector Case Study By: Zulfatah Arif 1) Review the motivation theories discussed in this chapter. How would each one describe and explain the problems with Simon Lucas’s motivation? The theories that would be relevant to the problems with Simon Lucas’ motivation would be the McClelland’s Need Theory and Herzberg’s Two-Factor Theory.Read MoreCase Study Essay1116 Words   |  5 PagesCase Study Objective The Case will focus on issues related to the cultural aspect of international business; sustainable business practices including CSR issues; foreign investment; and the benefits of regional integration for the countries within, and companies doing business in, that region.   The case study analysis will be completed on an individual basis. Instructions THE CASE: Kaizer Consulting Kaizer Consulting is an international management consulting firm that specializes in business strategy

My Perfect Workplace Is High Stressed, Fast Paced,...

American author and poet Maya Angelou once said, â€Å"You can only become truly accomplished at something you love. Don’t make money your goal. Instead pursue the things you love doing and then do them so well that people can’t take their eyes off of you.†(SIC) I believe that Angelou hit the nail on the head with her comment. Describing my perfect workplace will come as a shock to most people, but I could not imagine doing anything else. I have worked in Emergency Services for over 12 years. I do not consider this a career, but a calling. My dream workplace is high stressed, fast paced, dangerous and suspenseful. I do not think anyone would consider this to be a dream workplace, but every aspect of this career keeps me in awe. Emergency Services is one of the most stressful careers out there. I have been woken up at all hours of the night. I have missed family functions, dinners and my children’s sporting events. I do all of this because someone else needs me more than my family at that time. At any given time throughout a day, my pager can go off. This means I have to drop what I am doing a respond to the Fire Hall. The calls can vary in nature and severity: Fires, medicals, rescue situations, and standbys for weather. The most stressful part of the job is not being there for my family. They give up just as much as I do to help our community. Working in Emergency services there is no time to sit and wait for someone to make the decisions. Being able to identify when there is

Catcher in the Rye Symbolism Free Essays

The Dangers of Isolation in The Catcher in the Rye It is normal to want to get away from all of the problems of the world, but it is not normal to want to be completely isolated from people. Holden wanted to have no human contact what so ever, and that is not normal. Throughout the book Holden expresses a rebellious attitude toward the world, and this rebellious attitude comes from his infatuation with being alone. We will write a custom essay sample on Catcher in the Rye Symbolism or any similar topic only for you Order Now He isolates himself from the world because he has not yet found himself and is searching. Holden feels that he must find himself alone with no one else’s help. Holden expresses his rebellious side when he gets kicked out of school, again. Holden doesn’t like school because he doesn’t like doing activities that he loses patience for and sees no point in doing them. Holden also is rebellious in the way that he smokes and drinks when he is a minor. He is an excessive smoker and turns to alcohol to suppress his feelings of depression, which are signs of alcoholism. This behavior is not unheard of, but is rare for a 16-year-old to become an alcoholic. From this rebellious attitude Holden becomes isolated from those around him. His first act of isolation with a combination of rebellion is when Holden doesn’t go to the game in the beginning of the book. Everyone was going to be there and he doesn’t want to be like everyone else. Getting kicked out of school is another example of him rebelling and the cause of it being isolation. After he leaves Pency, Holden meets up with an old friend of his, Sally. After hanging out with her for awhile Holden asks her if she wants to run away with him. From this we learn that he has a desire to get away from the world. From this quote that Holden said we can tell how much he wants to run away, â€Å"I thought what I’d do was, I’d pretend I was one of those deaf-mutes. That way I wouldn’t have to have any god dam stupid useless conversations with anybody. If anybody wanted to tell me something, they’d have to write it on a piece of paper and shove it over to me. They’d get bored as hell doing that after awhile, and then I’d be through with having conversations for the rest of my life†(p 198). Upon being kicked out of school, Holden decides to go on a little vacation. In this short period of time Holden goes through many tribulations. To get from place to place Holden takes taxicabs. During these rides Holden asks the cab drivers if they know where the ducks go when the pond freezes over. The reactions from the cab drivers are different each time, but his recurring concern about the ducks seems to be symbolic of Holden’s desire for purpose and direction. While he is by himself, Holden doesn’t stay in one place for very long. He didn’t know where to go next just like he didn’t know where his life was going. During his time by himself, Holden imagines becoming a deaf-mute and running away. Holden wants to use his imagination to feel more connected to the world and his emotions. He does this because in his fantasy world he can control what happens and in real life he wanted to do the same. Towards the end of the book, Holden loses more and more of his sense of reality. If he had stayed on this path he would have lost all sense of reality. All of these feelings that Holden had were each the cause of themselves. He kept going around in a destructive and unproductive cycle, which would be hard to break. In the end of the book, Holden didn’t ride the merry-go-round because he wanted to break that cycle. He wanted to be there for his sister and see her grow up. He wanted to be a part of life, and the world. In order to do that he would need some help, and the mental hospital was the perfect place for the kind of help Holden needed. How to cite Catcher in the Rye Symbolism, Papers

A ratio analysis comparison of Rolls Royce and GE Essay Example For Students

A ratio analysis comparison of Rolls Royce and GE Essay Rolls Royce and GE are two of the most celebrated names in the planetary technology sector. The GE is based in the US while the Rolls Royce has its beginnings in Europe. Due to the difference of the parts, the companies follow different accounting rules in describing their public presentations. The GE uses the US GAAP and the Rolls Royce uses the IFRS. The difference in the formation of the studies is hard for the interested parties to understand and it provides trouble in the rating of the companies. In this instance the ratio analysis is the best agencies for the rating of the companies. Due to the difference of the accounting rules of the companies, the accounting boards of IFRS and the US GAAP are working towards a convergence of the criterions. This will work out the trouble of the different companies runing unit of ammunition the universe. Outline1 Introduction2 The companies3 Fiscal strengths and failing4 Axial rotations Royce5 Profitableness analysis ratio6 Activity analysis ratio7 Long term debt paying ability ratio8 GE9 Profitableness analysis ratio10 Liquidity Ratio11 Activity analysis ratio12 Long term debt paying ability ratio13 Industry overview14 Stock Price Performance15 Environment16 Differences of accounting manners: Convergence17 Principles-based system VS Rules-based system18 Fair value VS Historical costs19 The Case: Impact of IFRS and US GAAP on accounting figures20 Decision Introduction The name of Rolls Royce brings to mind the image of a sophisticated high-class auto. The company was set up to fabricate the high-class auto in the first topographic point. However, as the group grew the company was split and the licence for the fabrication of the autos was granted to BMW. In the present twenty-four hours, BMW manufactures the desired auto. The desired hallmarks are used by the parent group in the name of the Rolls Royce Plc. The group has been one of the celebrated names in the technology industry and operates in the aerospace and the Marine sector. The clients of the company are the defence organisations of most of the states. The trade name has been synonymous with the quality of the merchandises and its rich heritage has been pulling clients from all over the universe. It is headquartered in London and follows the accounting rules of the state in printing its studies. ( History of the trade name, n.d. ) GE or the General Electric has been the frontrunner in the planetary electronics industry. Like that of the Rolls Royce the chief focal point of the company has been the energy sector. The company has a rich heritage dating back to the yearss of Thomas Edison. From the yearss of Edison, the company has been involved in invention of different techniques in the electronics sector. In its modern stature, the company has carried on its past heritage and created a planetary name for it. The planetary trade name has been instrumental in the success of the company. The invention in the company has been carried on from the yearss of Edison. The company has its chief office in USA. In its fiscal studies the company uses the American GAAP rules. ( Our history, n.d. ) The paper will unwrap in the fiscal studies of the company and describe the public presentation of the companies in a similar mode with the aid of the ratio analysis. The difference in the coverage rules of the company will be emphasized upon. The companies The principle behind taking the companies is relevant in the instance. Both the companies are similar because they operate in the same sort of industry. Both are renowned names in the industry and have typical trade name values. The companies have been runing in the industry sector. The companies are based on different geographical locations and they follow different sets of rules in the instance of the fiscal coverage. The stature of the companies fulfills the demands of the study. Fiscal strengths and failing This subdivision will cover with the strengths and the failing of the companies as reported in the fiscal studies of the companies. As the construction of the fiscal studies is different in the instance of the two companies the aid of the ratio analysis will be taken. The ratio analysis helps in keeping uniformity in the coverage of the companies. Axial rotations Royce In the instance of Rolls Royce, the fiscal rating will take topographic point from the period of 2006 to 2009. The ratio analysis will assist in the instance of the rating. As the company has been based in England, Pounds has been the currency used in the study. All the figures in the analysis will be in 1000000s of lbs except the net incomes per portion of the company. Profitableness analysis ratio Tax return on Equity ( ROE ) Net Income/ Shareholder s Equity The company has been executing mulct in conformity with the money of the stockholders with the exclusion of 2008. In 2008, the company invested to a great extent on the R A ; D of the company and the funding of the company s operations. The Investing has kept the company in good position and the consequence of 2009 is a cogent evidence to the point. The narrative is the same in the instance of the ROA. With the exclusion of 2008, the company has been executing reasonably good. In 2008, there were extra purchases of the assets every bit good as addition in the current assets. This has been influential in the figure reflected. The company has been puting in the assets for the future growing of the company. The current ratio depicts the short term solvency of the house. The current assets should be able to pay off the current liabilities of the company. In the instance of Rolls Royce, the current ratio has been good over the old ages which underline good instance of solvency for the house. Activity analysis ratio The ART of Rolls Royce clearly depicts that the company has been giving the clients more and more recognition period over the old ages. The company may hold reviewed the state of affairs in the aftermath of the fiscal crisis in the latter portion of 2008. This has been necessary for the company to keep the growing of the concern. In conformity with the ART of the company, the ITR has besides decreased over the old ages. This proves that stock list remains at the disposal of company for more yearss. The planetary convulsion and the competition in the market may hold played a large function in the lag of the gross revenues procedure. Long term debt paying ability ratio The D/E place of the company has improved over the old ages with more aggressive physique up to the funding. This will assist the company in the long tally to turn. The ratio analysis in the instance of the Rolls Royce PLC points out that the company has been in a good place in the instance of solvency and the return for the stockholders. The stockholders get a good return for the money. In the twelvemonth of 2008, the company suffered a loss due to the investings in the R A ; D. The industry in which the company operates in demands a uninterrupted flow of investing in the R A ; D. The investing made in the R A ; D has helped the company to change by reversal the state of affairs in the instance of net income in 2009. The company is expected to turn in the coming old ages. ( Company Balance Sheet, 2007 ; amalgamate income statement, 2007 ; Rolls Royce, 2009 ; Annual Report, 2006 ) GE To keep uniformity in the study the fiscal statements of GE has been taken from the twelvemonth of 2006 to 2009. The company has been based in the USA so the study will be based in the dollars. All the figures except the net incomes of the portion are depicted in 1000000s of dollars. Profitableness analysis ratio The ROE of the company has been changeless during the old ages and the company has been executing good. In the twelvemonth 2009, the ROE of the company fell drastically. This was due to the fact that the company had big sum of maintained net incomes of the stockholders. In add-on to this, the concern of the company decreased as an after consequence of the economic lag. Religions Spread Through Conquest (2421 words) EssayWith the globalisation of economic system, the coverage of the histories of the company became a job. The EU became bigger and engulfed newer states in its crease. About 7000 companies registered in the EU are required to follow by the IFRS by 2005. This is a job as most of the companies are incorporated in the US. In the US, the companies can describe in the IFRS from but they have to fix rapprochement in the GAAP format. Therefore, the companies basically have to fix histories twice. Furthermore, the deductions of the Sarbanes-Oxley Act necessitate the readying of the histories in the best involvement of the international concern environment. Therefore, in October 2002, the board of the IFSB and the FASB ( US GAAP ) entered into a contract to meet the different accounting rules to fix a planetary system. The organic structures will take short-run undertakings to meet the different points of the criterions. This will assist the p lanetary concern organisations. ( Pacter, March, 2003 ) Besides, Byard, Li Y. , and Yu, Y. ( 2008 ) found that finance analysts made fewer errors calculating future net incomes, and that the truth was enhanced after the acceptance of IFRS by the European Union. Principles-based system VS Rules-based system Before the convergence, and even in the procedure of it, debates over which set of criterions is superior neer stopped. The biggest issue rests with the kernel of the two different accounting manners. Many bookmans assert that IFRS is principles-based while US GAAP is rules-based. However, Bennett et Al. assert that this differentiation is futile, because the lone differentiation is in the grade of professional opinion required for the execution of the two systems. ( B. Bennett, M. Bradbury, H. Prangnell, 2006 ) Furthermore, Goldberg, and Kim ( 2005 ) assert that IFRS and GAAP are no different sing coverage quality. Benston et Al. argue that a principles-based attack with a true and carnival override facilitates the exercising of professional opinion, and this is the differentiation between the two systems. ( G. J. Benston, M. Bromwich, A. Wagenhofer, 2006 ) In a planetary economic system, accounting harmonisation is acquiring more attending. Principles-based system is advocated by both academe and practical circles as a principles-based system i.e. IFRS provides flexibleness for states with diverse accounting traditions to follow with, while continue its spirit to guarantee a true and carnival presentation. ( S. Carmona, M. Trombetta, 2008 ) While the spirit of principles-based system is appreciated, there are instances bespeaking the failure of such system. R. G. Walker argues that the success of a principles-based system depends more on human factors such as willingness of hearers to follow, capacity of regulators to supervise, factors that rules-based system ignores because of its rigidness. The rigidness of rules-based system is besides a expletive. Berkowitz et Al. argues that stiff regulations leave more loopholes for accounting use as manifested in the Enron dirt, in which the direction managed to maintain off-balance sheet minutess within the GAAP regulations. ( Berkowitz and Rampell, 2002 ) Zeff besides argues that cultural differences lead to diffe rent accounting manners which might render the convergence ineffective. However, any reform comes with virtues and downsides. We will travel with one if the benefits outweigh the disadvantages. In order for the convergence to bear fruit, these arguments provide abundant grounds for the undertaking group to see. Thus it will be sensible to anticipate that in the hereafter with the convergence of the two different accounting manners, accounting criterions will be more robust, supplying more reassurance for investors. Harmonizing to Leuz et al. , convergence between IFRS and US GAAP lowers cost to raise capital due to benefits from both systems. ( Leuz and Verrechia, 2000 ) . Fair value VS Historical costs The IFRS advocates the usage of just value as just value provides relevancy and decision-usefulness. ( J. M. Hitz, 2007 ) Historical cost is used in the US GAAP for its prudence and dependability. Problems that the convergence must counter focal point mostly on the acceptance of bing system. Since historical cost is still being used in many states, it has its built-in advantages. Nowadays, scholars argue that just value bing might supply more accurate therefore relevant information. Merely with the exclusion in fiscal crisis, just value causes fluctuations in accounting figures which makes it less reliable. Furthermore, it introduces volatility even when economic system is stable, although it on certain degree prompts early reaction to command hazards. ( C. Laux, C. Leuz, 2009 ) As in the principles-based system VS rules-based system argument, a trade-off is needed to pull a program for convergence. Measuring the weight taken by relevancy or dependability is therefore of import. The Case: Impact of IFRS and US GAAP on accounting figures In the instance of Rolls Royce and GE, these differences were seen. In the instance of GE, cleavage was done with the aid of merely one section. In the instance of the Rolls Royce, there were no other sections. In the instance of the construction of presentation, there were cardinal differences, which may hold an consequence on the investors. The information provided by the companies may confound the investors. The Rolls Royce Company followed the IAS and the comparing of the figures with the old ages was provided. It was besides provided in the instance of GE, but the information was non present in some topographic points. This can consequence the information of the investors. In the instance of the investings of the companies, the GAAP recognizes it at cost while in IFRS it is recognized at just value. In the instance of GE, there were heavy investings in the other sectors. This was recognized at cost while in the instance of Rolls Royce, it was recognized at just value. In the ins tance of GE, this helped in properly describing the net incomes of the stockholders of the company. In the instance of the stock list, the GAAP values it in last-in-first-out footing. This helps in the acknowledgment of the present conditions of the company. At the clip or recession, the GE projected the net incomes harmonizing to the state of affairs and the stockholders benefited due to this. In the instance of the Rolls Royce, the stock list was valued in the firs-in-first-out footing, which did non subscribe to the state of affairs. GAAP recognizes the gross merely when the bringing has been completed while in the instance of the IFRS, bringing is non required. Therefore, the gross acknowledgment in the instance of the GE was conservative and existent gross revenues. In the instance of the Rolls Royce, the gross was recognized before the bringing was complete. This can hold terrible effects as losingss can go on at theodolite. ( Lajara, 11th June, 2008 ) Decision The difference in the presentation of the accounting and the fiscal information can be damaging to the involvements of the company. The investors will non be able to earn the necessary information and the company will non be able to have investings. This will be degrading for the public presentation of the company. The difference in the accounting criterions can be confounding for the investors with the difference in the constructions. The public presentation of the companies can non be evaluated in the planetary context. Thus the true rating will non be done. Therefore, it is necessary for the convergence of the criterions and gives rise to a planetary criterion.