College essay requirements
Essay Topics For 7Th Grade
Monday, August 24, 2020
Electronic Self-checkout System Essay -- Technology, Cashier Checkout
Various observational examinations have inferred that a customerââ¬â¢s attribution of the reason for a postponement essentially influences its passionate results (see Taylor, 1994; Tom and Lucey, 1995). As per these examinations, clients are more unsatisfied with longer than anticipated holds up brought about by challenges that the store could have helped (for example wasteful checkout work force, understaffing, inability to give express checkouts) than with delays because of outer factors, for example, arbitrary varieties in store swarming, till breakdowns, the hour of day (a few periods are definitely busier than others) or the nearness of clients with a lot of shopping. This was particularly evident if little exertion with respect to the specialist organization was expected to improve the circumstance and additionally the issue making the postpone was a standard event. It showed up, hence, that the purposes behind a long line were significant determinants of consumer loyalty or disappointment, not simply the delayââ¬â¢s span. The Psychology of Combining Queues Consolidating lines have demonstrated not to be a decent method for overseeing lines in markets and general stores. Studies have indicated that despite the fact that joining lines have been effective in some help associations, these strategies have demonstrated to have negative outcomes in markets. Among the elements that cause deferrals of clients who are in line at the checkout counter in supermarkets is managementââ¬â¢s endeavor to join lines. As opposed to regular figurings, there are explanations behind accepting that consolidating lines, particularly lines of clients in checkout lines in markets, may on occasion be counterproductive. Rothkopf and Rech (1987) in their workshop had one member refering to the act of combini... ...e administration increasingly important and were eager to pay significantly more for it when they discovered there were more individuals behind the places that were held for them. There exists an all inclusive human propensity to find out around ones self through correlation with others (Gilbert, Price and Allan, 1995). Clients in checkout lines will in general contrast their situation in line and those of different clients. Be that as it may, seeing individuals behind is to some degree comfort since ââ¬â¢there are individuals more awful off than meââ¬â", in this way making the experience less difficult. The investigation delineated three arrangements of components (line factors, individual variables, and situational factors) that may shape the degree of social examinations, every one of which is tried. Hkust and Hkust (2002) communicated that constrained research considers have been directed to decide how administration holds up can be controlled. To control the time customersââ¬â¢ hold up in line,
Saturday, August 22, 2020
International Business Cultural Diversity Management Essay
Worldwide Business Cultural Diversity Management Essay You are required to help crafted by TATA Ltd. One of the universes generally powerful and confided in business conglomerates,à Tataà has over a time of involvement with the UK and a developing nearness in a few business areas. The organization needs to improve its productivity all through its divisions and accepts that utilizing social assorted variety components might be the key. 3). Social Differences are considered liable for some disappointments in mergers and acquisitions (MA). Fundamentally examine which business perspectives are probably going to be influenced. Overseeing and working with multicultural groups requires a comprehension of social decent variety to make a successful group. Fundamentally examine the issues This exposition will talk about Tata, their MA, the effects of social contrasts and the various angles they need to consider to manufacture a worldwide group. Normally utilized under the name of MA (Mergers Acquisitions), this term alludes to a combination of organizations. Merger is a key partnership whose the point is to make another substance. An obtaining is the reality to secure another organization by buying it. Goodbye needs to improve its effectiveness all through its divisions and accepts that utilizing social decent variety elements might be the key. Goodbye is an Indian gathering established in 1868 by the Indian business visionary Jamsetji Tata and right now run by the Irish representative Cyrus Pallonji Mistry. These days, Tata is a ground-breaking global gathering working in excess of 80 nations by a broadening technique (because of the MA). The gatherings movement is separated into various segments, for example: innovation, vehicles, administrations, power, shopper items, refreshments, steel, materials and synthetic concoctions. In fact, this global gathering has obtained since around ten years various organizations which have cost through and through a few milliards of dollars. These are the principle takeovers: Tetley Group (UK) in 2000: tea Official Hotel (Indian) in 2002: lodgings Hughes Telecom (Indian) in 2002: telecom Daewoo Commercial Vehicle Company (Korean) in 2004: vehicles NatSteel Asia (Singaporean) in 2005: steel Brunner Mond (UK) in 2005: synthetic concoctions Eight O Clock Coffee Company (USA) in 2006: espresso Panther and Land Rover (UK) in 2008: vehicles Source: Tata Group 2012 Goodbye needs to improve its presentation on account of MA yet to arrive at that objective; it needs to consider that social contrasts influence various business viewpoints in this sort of key collusion. For Adler and Gundersen (2008), social contrasts may have positives and negatives impacts on a multicultural groups execution. Undoubtedly, the diverse contrasts are connected to execution. The social contrasts are one of the most significant highlights to consider to prevail in a M&A; possibly the most significant. The way of life is mind boggling; it is a common arrangement of mentalities, convictions and conduct. These days, the business is globalized and worldwide; we can nearly discuss a business culture run by the globalization (Hopper, 2007). To be sure, the world isn't decreasing yet individuals and their way of life are drawing nearer. Goodbye needs to comprehend that overlook the social contrasts would be a horrible mix-up: the MA would not work or would not be as succe ssful true to form. Goodbye ought not commit similar errors than the Merger between Chrysler (American) and Daimler-Benz (German) in 1998. It is a notable case of how social contrasts can be considered liable for a disappointment in a MA. As per Vlasic and Stertz (2001), the primary driver of this disappointment was the social contrasts. In fact, Chrysler and Daimler had similar targets yet the culturally diverse hole between the two was excessively profound and insufficient considered to succeed (Schneider, 1997). Deliberately, the merger was a decent arrangement for both. Anyway gradually, the social contrasts have driven the merger to disappointment. This key collusion wrapped up by a significant efficient (the greater part a billion dollars) and social cost (repetition). This model is the ideal confirmation than social contrasts seriously absorbed can carry a MA to poor efficiency and once in a while disappointment. Numerous mergers and acquisitions come up short. To be sure, the normal pace of disa ppointment is between 40-80%. As indicated by Trompenaars and Asser (2010), it fluctuates somewhere in the range of 20% and 33%. Stahl and Voigt (2008) state that this pace of disappointment is moderately high and the effect of social contrasts stay more often than not, seriously acclimatized. Investors have propensity to disparage the social factors in mergers and acquisitions. For Ferraro (2002), perhaps the greatest misstep is to believe that if an individual is effective in his activity, he will fundamentally prevail in a domain socially unique. As indicated by Harris and Moran (2000), culture follows up on correspondence, techniques, relations, associations and structures. To be sure, the social contrasts influence various business perspectives, for example, association, monetary execution, exchange, correspondence, methods of completing work, the human connections, the time, the earth and the administration. Inadequate attention to social contrasts may incite harms. (Trompenaars and Hampden-Turner 1997, p. 10). Truth be told, social contrasts severely aced can prompt: mistaken assumptions, off base trade of data, destroyed exchanges, loss of deals, poor work relations, lost gifted representatives, constrained co-activity, threatening vibe and contention. (To change: Sian Taylors exercise). Joynt and Morton (1999) express that the social contrasts strongly affect the association. Truth be told, a MA may incite various changes in the association structure. When there are various leveled and hierarchical changes, the investors may have a few troubles to concur with the feeling or the status of the new associates. It might cause pressures and erosions between them. The HR administrations and the supervisory crew field have a basic task to carry out in this sort of key collusions. (Source terrible guide to stretch out and to change) Culture has additionally a solid effect on the profitability. The social perspectives may influence various different business viewpoints which impact by implication on the presentation of the MA specifically making benefits (Stahl and Voigt, 2005). For them, To expand adequacy across societies, preparing must be the focal point of the activity, while instruction thought of regarding the individual, and advancement held for hierarchical concerns.(To change?) Culture contrasts seriously absorbed item poor outcomes and execution. Be that as it may, the connections between the MA execution and the social contrasts are not as simple as it could appear. (To Change and broaden) King et al (2004) express that in spite of many years of research, what impacts the money related execution of firms taking part in MA movement remains to a great extent unexplained. (To change?) The arrangement is additionally a viewpoint influenced by the social contrasts. For example, awful ace of the way of life or the nearby traditions can prompt errors and disarrays (Schein, 1993). It includes the gatherings, the contacts and all the parts of the arrangement between two questioners socially extraordinary. Each culture has its own particular manner to haggle despite the fact that certain are comparative. For example, the Indians representatives of Tata are utilized to arrange in light of the fact that it is something day by day and at each snapshot of the day in India. They infrequently state no by good manners and now and again their answer may appear to be muddled, that is the reason, a remote moderator ought to have the option to interpret the non-verbal language to realize what they truly think, (for example, cross legs or arms). (connection with Tata? + terrible model) Another viewpoint that can be an issue is correspondence. Javidan and House (2002) express that during a MA, social contrasts may have negatives impacts on correspondence. For example, Tata considered this viewpoint for the obtaining of Jaguar and Land Rover. The Indian gathering needed to hold a decent correspondence with the representatives of Jaguar and Land Rover. As indicated by Schein (1993), in a business, the exchange is early stage. Indeed, it empowers to transmit the data so as to be exact and compelling. It influences various fields, for example, the administration of individuals, arrangement, gatherings, contracts, mingling, introductions, and publicizing. During a MA, the correspondence is a deciding variable: of achievement or disappointment (Trompenaars and Asser 2010, p.10). As indicated by Stahl and Voigt (2008), in MA, the way of life unequivocally sway the methods of completing the work, for example, the degrees of convention, resistance of hazard and strategies for dynamic (Communicaid 2008). Truth be told, each culture has his own specific manner to carry out the responsibility. Goodbye needs to think about this reality, specifically for MA with different societies like European (Tetley gathering (UK)) or American (Eight O Clock Coffee Company). Social contrasts might be hindrances to the exhibition when they contrarily sway the connections among individuals and particularly between the workers (to reach out) of a MA. Specifically, the method of managing struggle (To change). Frequently, individuals have a fixed thought of a specific kind of individual or thing, it is known as a generalization. Culture resembles an ice sheet. At the top, the components we can see genuinely, for example, the conduct, the garments and the food. While underneath, there is all the things we can't see at the primary sight, for example, implications, convictions, mentalities and qualities. Numerous individuals are affected by their social roots which are all the time transmitted by the family. (Too change, Sian Taylors exercise). Culturally diverse contrast can impactsly affect the human connections (Javidan and House, 2002). As indicated by Kleppestã ¸ (1998), we may see once in a while, the making of in-gathering and out-gathering. (too broaden ). A terrible understanding between workers has for principle result the fall of efficiency. Surely, the distinction of culture doesn't improve the connections, particularly when sharehold
Friday, July 17, 2020
Off-Panel December 12, 2014
Off-Panel December 12, 2014 Heres your weekly round-up of comics news stories we found interesting, from the gutters and beyond. FREE COMIC BOOK DAYs Gold Sponsor titles for 2015 have been revealed, and the big news has got to be Secret Wars #1 from Marvel. (But my heart has a big spot saved for the Boom! 10th anniversary collection: its going to have stuff from Lumberjanes, Jim Hensons Labyrinth, and Adventure Time.) Each day, a new book will be announced from a variety of different publishers, like a digital advent calendar where instead of candy and tiny toys, you get comics. You can keep the book or gift it to someone of your choosing. Spread the love. Youll have to pop in daily to see what surprises await. The giveaway kicks off with The Wake #1. The story is about Lee Archer, a marine biologist who finds herself in the employ of the Department of Homeland Security. Shes taken to a secret oilrig hidden in the Arctic Circle where they have discovered something both terrifying and wonderful. It must really be the season of Santa, because Comixology is giving away comics for the next 12 days. Get em! The question is, why do folks like Broderick and Ellis find that threatening? How exactly does someone cosplaying Power-Girl next to your booth damage you? People sometimes make vague claims about loss of revenue, or that the cosplayers dont buy enough comicsâ"though its hard to figure how more people at a convention filing past your table is going to damage your bottom line. The real vitriol, in any case, as in Elliss statement, seems to be directed at the sexuality of cosplay, and even more at its artificiality. Itâs the same mentality behind the fake geek girl memeâ"the idea that women cosplayers arent real fans, and, beyond that, arent actually real people. As Julia Serano argues in her 2007 book Whipping Girl: A Transsexual Woman on Sexism and the Scapegoating of Femininity, the feminine is often denigrated as artificial and sexualized. The cosplayers threaten to undermine the authentic purity and virtue of the comics industry. A woman is getting her picture taken close byâ"how can we ever take our magic wishing-rings and giant-sized Man-Things seriously again?! The Atlantic is asking some interesting questions about why some creators and fans respond the way they do to the practice of cosplay. My you-do-you policy kicks in pretty swiftly around all this stuff, as long as everyone is happy (and all interactions are consensual). Jeet Magic on the Twitter Mic Heer dropped his thoughts on how Maus can be read as a detective novel, and its as thought-provoking as it sounds (my Twitter account legit has a crush on him and his burgeoning twessay form). The book itself is experimental in a way that Archie comics were not.Tell me about that. The book is a 100-chapter book. Faced with an uninteresting corpus of text, I tried to write the book in an unusual way to offset that. The format was actually suggested by a colleague of mine who is a poet. He said, âYou need to write this not as a scholarly book but like a book of poetry. With short chapters that people wonât get tired of.â The book doesnât have to be read from beginning to end. You can jump around as I do close readings on very minor details. I have a whole chapter on Archieâs sweater vest and a whole chapter on Bettyâs ponytail. Why did you choose to focus on that image? I argue that Betty in fact is her ponytail. Of the thousand issues of Archie that I read to write this book, I think there are only about five or six drawings of Betty without her ponytail. And whenever she takes her hair out of her ponytail, everything changes for her. So there are stories where she gives up, she realizes Archie will never love her, sheâs sitting on her couch with her hair dishevelled, and she just becomes a depressive character. There are stories where she cuts her hair short in order to play the role of a hussy in the school play. She starts taking on more of a Veronica personality, sheâs no longer the girl next door. That ponytail is very much tied to that naïve, innocent sense of Betty. University of Calgary comics scholar Bart Beaty talks about his new scholarly (but fun-sounding!) book about Archie Comics. Sign up to The Stack to receive Book Riot Comic's best posts, picked for you. Thank you for signing up! Keep an eye on your inbox.
Thursday, May 21, 2020
How to Write a Business Report Essay - 18530 Words
Reports and proposals After reading this chapter you should be able to: â⬠¢ Explain the differences and similarities between formats, types or sub-genres of reports â⬠¢ Explain the differences and similarities between reports and essays â⬠¢ Explain why documents need to contain an appropriate balance of information and persuasion â⬠¢ Demonstrate competence in writing a longer, analytical research report â⬠¢ Explain the differences between reports and submissions, proposals and tenders So youââ¬â¢ve got to write a report . . . The ability to write reports is one of the most useful writing skills you can acquire. To be a good report writer means you must be competent at describing and analysing situations and people. A report is a powerfulâ⬠¦show more contentâ⬠¦195) Memo report Gives picture of non-routine processes and situations Gives picture of non-routine processes and situations Presents a case for change (e.g. a purchase, a new system and/or stafï ¬ ng) Letter report â⬠¢ Mainly external â⬠¢ Decision-makers Justiï ¬ cationShow MoreRelatedA Study On A Business Management1470 Words à |à 6 PagesAs a Business Management major I have learned to appreciate the essence of a well-rounded curriculum to help fine tune and perfect a blooming business mind. I began college unsure of what path to follow. I walked through the doors of Francis Marion University, my first college, with little expectations and countless queries as to what my first year of college would hold. The first year was more of an eye-opener than a truly enlightening experience. I slowly began to understand that college was muchRead MoreWriting Of The Discipline Of Accounting1627 Words à |à 7 Pagesme understand writing in the accounting field and how I feel about the career. Writing in the Discipline of Accounting Early in 9th grade I began to show an interest in the business world. One of my family members was finishing her Bachelorââ¬â¢s in Business Administration and she would tell me key points of her lectures and I would write it down and study it. As I progressed through high school I started to gain an interest of how business transactions are done and who keeps record of itRead MoreBad Debt Expense Memo936 Words à |à 4 Pages000 when they filed for bankruptcy. You decide whether to write the total $15,000 account payable off as a bad debt expense and report an operating loss, or just report these losses as extraordinary event and this method allow you to report $7,500 operating profit instead of report operating loss. Because you have to present your first year operating statement to a multi-national search company in order to sell your SEC filling search business, the decision you made will be really important for youRead MoreDiscuss Paper906 Words à |à 4 Pagesorganization f or your report and presentation. â⬠¢Explain how you will go about analyzing the audience and whether the audience profile would be a factor in the successfulness of your speech. â⬠¢Describe what you believe you can do as a speaker to respond to the audienceââ¬â¢s listening goals. Eng discuss 2 â⬠¢Identify the type of outline and/or speaking notes you would prefer to use for your speech and explain why Eng Assignment 5.1: Report - Draft Version Write a formal justification report to an organizationRead MoreIndustrial Attachment Report Format1101 Words à |à 5 PagesStudents Industrial Attachment Report Format Part 1 The above heading ââ¬ËPART 1ââ¬â¢ is just a guide. You must not label this preliminary section ââ¬Ëpart 1ââ¬â¢ in the actual report. Cover page [2] [This will contain title of the report, the name of the entity for which it was prepared, the name of the person who prepared it, the date the report is to be presented. This page should not be numbered]. Abstract [10] [This should contain a summary of the main body of the report. It should be about one pageRead MoreMBA Student Essay1180 Words à |à 5 PagesCase 1Reporting evidence from business and management research , Katie is working in her local NHS hospital on a six-month internship.,During her time there, the hospital plans the introduction of what they call a Leadership at all Levels programme. All staff are to be encouraged to act as leaders, and Katie is asked to write a report for her manager setmakes a special point of telling Katie that the hospital wants to make its introduction evidencebased. This means, he explains, thatRead MoreWhat Is Business Management? Essay1532 Words à |à 7 PagesDefining the Discipline What is Business Management? Studying for a business and management studies degree allows us to develop a broad understanding of business organizations and provides us with subject-specific knowledge in areas such as marketing, customers, finance, operations, communication, information technology, business policies and strategies. What Jobs can you receive with a degree in Business Management? 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For instance, LISD gets a technology grant and need to purchase 70 Ipads for students and charges the district $40,000 and then in return Apple reports the $40,000 as cash and recognizes revenue. In this section of research andRead MoreMarket Research and Garden Supplies Essay1276 Words à |à 6 PagesInstructions Black = headings for your report Orange = you need to write something Blue = Useful workbook material Remember to delete unnecessary notes before you submit your task! To assist you in writing your report, please answer the questions asked or follow directions. Do NOT save your work using this file. To save your work:- go to file -gt; save as -gt; name your document -gt; save it to a usb or on your computer. Your report must:- * Be written in plain English
Wednesday, May 6, 2020
The Growth of Conflict in Peter Calleros The Myth of...
Conflict is something that exists in the everyday lives of all humans throughout the world. It can be shaped by the thoughts that are shared and also challenged by others. Conflict is like a tree. Once the idea is planted into someones thoughts, it sprouts and begins to grow. As the idea continues to grow and spreads its branches, others who agree with the idea grow around it and the conflict builds and builds until it is like an overwhelming forest. Once conflict is formed and created, it can grow until it affects the lives of everyone is the surrounding area and can lead to extreme cases. This is the case when Callero shows how conflict can be created and begin violence, how Venkatesh shows the spread of conflict so the violence affectsâ⬠¦show more contentâ⬠¦One example of conflict that he encountered while he was conducting his studies was that he had to choose sides between gangs from the very beginning in order to ensure his protection (Venkatesh 102). The leader of the Black Kings, J.T., makes it very clear to Venkatesh, who had started to hang out with a man from another gang territory named Autry, that Venkatesh could only truly work with one gang in order to be safe from the other gangs (Venkatesh 102). He quotes both J.T. and Autry discussing where Venkatesh stands depending on what territory he is in, Whoa, my brother. Like I said, hes with me. And what if he comes by my building? Is he with you then? [...] Then hes with you! [...] (102). This shows the beginning of conflict between rival gangs, even if both men are friends in a way. Venkatesh had to choose side right away for his own safety and this prevented him from doing much work with Autry. Venkatesh studies how the gangs in Chicago can strongly influence their neighborhoods and how the conflict between the gangs can result in violence and even death. This exists through gang wars where drive-by shootings and fights breakout between members of the gangs. Venkatesh was present during a m ediation between two gang leaders to resolve the conflict going on that had resulted in a shooting (Venkatesh 106-110). The conflict had been caused between two younger members of the different gangs who went to the same high school and were
Deutsche Brewery Question and Answer Free Essays
1. What accounts for Deutsche Brauereiââ¬â¢s (DB) rapid growth in recent years? What strategic choices were made? The Ukraine account grow rapidly in the recent years. The strategic is just expanding, more focus on the sale/volume, not on how to turn the order to money. We will write a custom essay sample on Deutsche Brewery Question and Answer or any similar topic only for you Order Now It can be understood that the local distributors need some policy support from DB, because they just start, still at the beginning of capitalization period. The current credit policy is applicable for the starting phase, but long term it needs to be adapted (e. g annual bounce on the pay on time accounts). Meanwhile because of fast expansion, more investments on the Assets in Ukraine is needed. The financial plan includes a 7 million euro investment in new plant and equipment for the Ukrainian operations in 2001, followed by a 6. 8 million euro investment in 2002 for a new Ukranian warehouse and distribution center. Which is reasonable, but need more detail plan/business case before make the decision. I would say, half of the amount should be financed by Ukraine team itself, if they are able to turn the account receivable to cash. 2. What is the credit policy for DB for distributors in the Ukraine? Why is it different from other sales? Is it appropriate (examine the business models in both instances). The credit policy for Ukranian distributors from 2 percent 10, net 40 to 2 percent 10, net 80 (clients could take a 2% discount if payment was made within 10 days of the invoice, otherwise payment was due in full within 80 days). The credit policy for Ukranian distributors differed because Ukrainian entrepreneurs, who are ambitious to grow but without support from the bank as in Germany. The credit policy for the Ukranian distributors is applicable, which can support the distributor to expand, buy new equipment, and required more time than usual to pay. Also is a good investment for DB to build up the relationship with the distributor and meanwhile invest for the futurn. But on the other hand, long payment turn cost bad cash flow. In Ex1, the account receivable increase a lot, which 3. Why does this profitable firm need increasing amounts of debt? If the company wants to expand, they need cash. It seems that DB is profitable, but because of the big account receivable, which cause actually cash tie-up. In order to still keep expanding, DB have to increasing amount of debt for investing. 4. Something about dividends: The quarterly dividend proposed is 698,000 euro, an amount equal to 25% of the projected 2001 dividends (2,793 k). However, this dividend increase is based on projected earnings, and several factors affect whether those earnings. Better to reserve a part of money till end of the year. . What should Greta do with respect to: the proposed raise for Pinchuk, the quarterly dividend and the financial plan for 2001? Regarding the credit policy for Ukranian distributors, Oleg argues that this process is profitable for the company. Actually, Ex1 in the base case shows accounts receivables in the Ukraine increased 30% from 1999 to 2000, and is projected to increase for the next 2 years (50% then 30% based on the previous year). Having a large amount of money tied up in re ceivables is risky. My idea will be short the payment to 40 days, pay in 10 days will have even bigger discount 3-4%, meanwhile, if the account can pay all the bill on time (40 days), can get annul bounce (tbd). For the investment, I will be more careful, Although the data should the growth of sale and assent is not hand in hand. But because of the high debt/equity ratio, I will be more careful on the investment, avoid to have too high debt. We can try to work together with one or two local disctributors (e. g. Kiev, Odessa) to have JV project. About the dividends, I will maybe go for 60% of earning, which mean 15% of the projected annual dividends for the quarterly pay. Just in case, if the actual data is not as good as predicted data, we still have enough cash to run the business. 6. Some observation of Ex4. Profitability: low return Leverage: high risk (high debt) Asset utilization: receiveables growth rate high longer payment. Difference between sale growth and asset growth. Sale Growth is much higher than assent growth, need to consider investment. Liquidity: short term financial commitment. Quick ratio is too high. How to cite Deutsche Brewery Question and Answer, Essay examples
Deutsche Brewery Question and Answer Free Essays
1. What accounts for Deutsche Brauereiââ¬â¢s (DB) rapid growth in recent years? What strategic choices were made? The Ukraine account grow rapidly in the recent years. The strategic is just expanding, more focus on the sale/volume, not on how to turn the order to money. We will write a custom essay sample on Deutsche Brewery Question and Answer or any similar topic only for you Order Now It can be understood that the local distributors need some policy support from DB, because they just start, still at the beginning of capitalization period. The current credit policy is applicable for the starting phase, but long term it needs to be adapted (e. g annual bounce on the pay on time accounts). Meanwhile because of fast expansion, more investments on the Assets in Ukraine is needed. The financial plan includes a 7 million euro investment in new plant and equipment for the Ukrainian operations in 2001, followed by a 6. 8 million euro investment in 2002 for a new Ukranian warehouse and distribution center. Which is reasonable, but need more detail plan/business case before make the decision. I would say, half of the amount should be financed by Ukraine team itself, if they are able to turn the account receivable to cash. 2. What is the credit policy for DB for distributors in the Ukraine? Why is it different from other sales? Is it appropriate (examine the business models in both instances). The credit policy for Ukranian distributors from 2 percent 10, net 40 to 2 percent 10, net 80 (clients could take a 2% discount if payment was made within 10 days of the invoice, otherwise payment was due in full within 80 days). The credit policy for Ukranian distributors differed because Ukrainian entrepreneurs, who are ambitious to grow but without support from the bank as in Germany. The credit policy for the Ukranian distributors is applicable, which can support the distributor to expand, buy new equipment, and required more time than usual to pay. Also is a good investment for DB to build up the relationship with the distributor and meanwhile invest for the futurn. But on the other hand, long payment turn cost bad cash flow. In Ex1, the account receivable increase a lot, which 3. Why does this profitable firm need increasing amounts of debt? If the company wants to expand, they need cash. It seems that DB is profitable, but because of the big account receivable, which cause actually cash tie-up. In order to still keep expanding, DB have to increasing amount of debt for investing. 4. Something about dividends: The quarterly dividend proposed is 698,000 euro, an amount equal to 25% of the projected 2001 dividends (2,793 k). However, this dividend increase is based on projected earnings, and several factors affect whether those earnings. Better to reserve a part of money till end of the year. . What should Greta do with respect to: the proposed raise for Pinchuk, the quarterly dividend and the financial plan for 2001? Regarding the credit policy for Ukranian distributors, Oleg argues that this process is profitable for the company. Actually, Ex1 in the base case shows accounts receivables in the Ukraine increased 30% from 1999 to 2000, and is projected to increase for the next 2 years (50% then 30% based on the previous year). Having a large amount of money tied up in re ceivables is risky. My idea will be short the payment to 40 days, pay in 10 days will have even bigger discount 3-4%, meanwhile, if the account can pay all the bill on time (40 days), can get annul bounce (tbd). For the investment, I will be more careful, Although the data should the growth of sale and assent is not hand in hand. But because of the high debt/equity ratio, I will be more careful on the investment, avoid to have too high debt. We can try to work together with one or two local disctributors (e. g. Kiev, Odessa) to have JV project. About the dividends, I will maybe go for 60% of earning, which mean 15% of the projected annual dividends for the quarterly pay. Just in case, if the actual data is not as good as predicted data, we still have enough cash to run the business. 6. Some observation of Ex4. Profitability: low return Leverage: high risk (high debt) Asset utilization: receiveables growth rate high longer payment. Difference between sale growth and asset growth. Sale Growth is much higher than assent growth, need to consider investment. Liquidity: short term financial commitment. Quick ratio is too high. How to cite Deutsche Brewery Question and Answer, Essay examples
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