(Love) ACC 403 SLP 4 Activity Based Costing Essay

(Love) ACC 403 SLP 4 Activity Based Costing - Essay Example The idea of Activity Based costing has its starting points in the U.S producing industry, where increments in innovation prompted a lessening in fixed expenses and increment in factor costs and the quantity of steps in each assembling procedure as the computerization procedure expanded. For instance, physical work declined as apply autonomy was presented in the car business, while the quantity of robotic procedures and expanded utilization of hardware implied that devaluation and substitution costs went up. Movement based costing is, as the name infers, in view of deciding the expenses of various exercises associated with the assembling or creation procedure, and afterward recognizing the expenses of every action (Kaplan and Cooper, 1988). In an organization like Apple, there are additionally various exercises associated with assembling its PCs, PCs and screens. While customary bookkeeping considers just the expense of exercises really performed, action based costing additionally incorporates the hang tight an ideal opportunity for stock parts and so on which are likewise remembered for in general expenses of creation. Movement based costing has been utilized to characterize re-building forms and dispose of superfluous expenses and procedures (Kaplan and Cooper, 1988). Action Based Costing is executed by first distinguishing the cost drivers for every action. Cost drivers are the reason for dispensing item expenses to the exercises performed. Volume and Time are the most normally utilized cost drivers (Turney, 2010)- everything else is ascribed to a charge that is legitimately allotted to the action being referred to being performed (Kaplan and Anderson, 2007). Volume implies units of work or items created. Time implies time allotment taken to finish a particular movement. On the off chance that Activity Based Costing was utilized at Apple, we could have the accompanying graph for exercises performed from Jan 1-Dec 31, 2011: By and by, numerous challenges are experienced while

Finance Earnings and Desire of Shareholders

Question: Talk about theFinancefor Earnings and Desire of Shareholders. Answer: Expressing the Factors that Might Influence Payment of Dividend: The primary factors that may impact installment of profit are size of income, want of investors, nature of industry, liquidity position, future necessities business hazard and office cost. These components for the most part influence the profit installment strategy of the organization, which may help in producing request among potential speculators. Liu, Uchida Yang (2014) referenced that organizations with the predictable profit payout can expand their offer cost and produce high capital from IPO deal. Despite what might be expected, Hernndez Junca (2015) contended that after the profit installment, transient dealers primarily leave their position, which ostensibly diminishes share cost of the organization. What's more, expanding benefit and general holds principally increment the desires for the financial specialist for higher profits, which thus blows up its offer cost. In addition, financial specialists for settling on a sufficient speculation choice predominantly utilize the pro fit payout proportion or yield. Remarking on Joe Smolinski's Suggestion for Not Paying the Dividend: Joe Smolinkskis fundamental remark was that in the event that it aint broke we ought not fix it. This expression for the most part alluded to the disintegrating divined strategy of the organization. The organization should possibly make a move if its profit strategy kickbacks and ruins its development possibilities. Due to non-installment of profits, the organization share cost has basically tumbled from $25 to $2 and is as of now exchanging at $8. The past profits are chiefly utilized in the Gordon development model by very good quality financial specialists, which delineate the real offer value estimation of the organization. The speculators can't recognize the real estimation of organizations share value that doesn't deliver any profit by utilizing the profit rebate model. Li, He Tang (2014) contended that non-profit installment organizations have less obligation aggregation as the profit sum is reinvested in the organization for improving its development and produce better yield. Giving Relevant Explanation and Critically Evaluating the Jim Baker's Argument: From the contextual investigation, it could be assessed that the organization has been working with investors cash for multi year and have not delivered any profit, which has radically discounted its offer cost from $25 to $2. This extraordinary decrease in share value esteem is expected to the non-installment of profits, which have diminished the enthusiasm of financial specialists in the organization. LUO WU (2016) referenced that drawn out speculators chiefly pick organizations that give reliable profits, which may help in portraying monetary dependability and create come back from its venture. Despite what might be expected, Coetzee de (2014) contended that transient financial specialists for the most part assess the value development and doesn't identify with the profit arrangement of the organization. The offer cost will endure if the organization doesn't deliver the profits this year as its demonstrated promising returns and has been declining the requests of the speculators. The non-installment of profits could diminish the enthusiasm of the present financial specialist and produce a huge offer of offers, which may adversely influence the present offer cost of the organization. Benefits reserves, insurance agencies and common finances financial specialist hold 43% of the all out portions of the organization, which for the most part depends on profits. In this manner, non-installment of profits may incite a significant sell signal for the institutional financial specialists and offer cost of the organization may endure in not so distant future (De Mpinda 2013). Remarking on the Dividend Payment Debate Stated in New Wave Corporation: The organization has been creating merchandise benefits after the IPO issues however the executives of the organization as opposed to giving profits held the benefit to reinvestment in the business. In any case, the reinvestment choice of the chiefs was mostly productive during the difficulties time that was looked by the organization. This reinvestment arrangement principally paid off the obligation collection, which may have directed during the financial downturn. At present the offer cost of the organization has declined from its past high of $25, because of the startling downturn in the economy. In any case, the offer cost of the organization expanded from $2 to $8 however couldn't contact its past high because of its no profit arrangement. Viviers, Firer Muller (2013) referenced that adjustment of no profit strategy for the most part decreases its fiction in pulling in long haul potential financial specialists, which may give the necessary cash-flow to the organization for accom plishing the focused on objectives. Unexpectedly, Kao Chen (2013) contended that at present organizations primarily utilize the obligation amassing procedure, which permits them to get additional exclusion from burden and improve their benefit maintenance limit. Specific Sum Held profit 1,000,000 Money 250,000 Complete money accessible 1,250,000 Venture required 1,000,000 Money balance 250,000 Money maintenance 150,000 Profit paid 100,000 Profit per share 0.1 Table 1: Stating the profit per share (Source: As referenced for the situation study) Bounce McKay chiefly remarked on utilizing the leftover profit approach technique, which may help in supporting the companys capital structure necessities and improve its profit yield. The table 1 could viably delineate the leftover profit arrangement, which may be utilized for improving the profit yield of the organization. Balachandran, Krishnamurti, Theobald Vidanapathirana (2012) contended that lingering profit approach depicts unsteady profit installment structure, which increment the danger of venture for speculators. In this specific circumstance, Giugale Nguyen (2014) further expressed that financial specialists for the most part disregard organizations with insecure profit approach, which contrarily influences its offer value valuation. Specific Sum Held income 1,000,000 Money 250,000 All out money accessible 1,250,000 Speculation required 1,000,000 Money balance 250,000 Money maintenance 150,000 Sum utilized for share repurchase 100,000 Current offer cost 8 Number of offer repurchase 12,500 Table 2: Stating the quantity of offers repurchased (Source: As referenced for the situation study) Nonetheless, Edwin essentially expressed that stock repurchase could be led in the wake of satisfying the speculation needs of the organization. Organizations to improve their general EPS and undertaking a solid venture chance to the financial specialists mostly utilize stock repurchase strategy (Liu, Uchida Yang 2014). The technique could just assistance the organization to repurchase 12500 offers in the present value, which probably won't help in making the necessary interest for its stocks. Unexpectedly, Hernndez Junca (2015) censures that stock repurchase doesn't help if the organization puts resources into own stocks and can't create pay from other source. After the assessment of New Wave Corporation pay and accounting report proclamation, it could be discovered that the organization has made satisfactory salary this monetary year. In any case, the speculation of 1,000,000 is essentially required and the held salary is 1,000,000. The organization has not delivered any sort of profit to its investors in the wake of producing higher pay from investors cash. Subsequently, presentation of profits could be useful in creating enthusiasm of financial specialists and lifts organizations generally share cost. Coetzee de (2014) referenced that congruity in profit statement predominantly permits organizations to pull in very good quality financial specialists, which may help in improving both offer cost and venture capital. The primary purpose for the installment of profits is the high-held salary and money accessibility accomplished by the organization. By and large, there are five diverse kind of profit installment approach, which is received by the organization. These profit installment arrangements are adequately portrayed as follows. Customary Stock Dividends: This kind of profit strategy is principally utilized by organizations who needs the profit add up to helps its capital structure. The organizations primarily give stock profits, which may lessen EPS of the organization and hamper financial specialists observation (Giugale Nguyen 2014). The stock profits approach hampers the offer worth and venture capital, which may be produced from capital market. Normal Extra Dividends: The extra divined are just given by organizations that follow a steady profit approach. The organizations chiefly deliver additional profits when there is an overabundance pay achieved during the monetary year. These kinds of profits are predominantly used to organizations to prompt interest among potential financial specialists and increment their offer value (Balachandran, Krishnamurti, Theobald Vidanapathirana 2012). No Immediate Dividends: This sort profit approach predominantly received by the organizations that are new and have enormous capital needs. The profit sum is fundamentally reinvested in the business for improving its capital structure. In any case, the organization needs to pay rewards in type of stocks, which may build the profit sum (Kao Chen 2013). Stable Dividends: The steady profit approach is chiefly embraced by the organizations, which give fixed pay to its investors paying little mind to the variance in its pay. The essential focal point of the organization is to keep up the profit rate, which may help in collecting top of the line financial specialists (Viviers, Firer Muller 2013). Unpredictable or Residual Dividend: Organizations to help its capital structure needs for the most part utilize unpredictable or leftover profit arrangement. This arrangement essentially utilizes the held pay for supporting its venture needs and the parity sum is paid to the investors. Li, He Tang (2014) referenced that sporadic profit strategy permits organizations to diminish the speculation consumption, which may bring about during the extension procedure. New Wave Corporation could viably utilize the lingering or unpredictable profit strategy, which was

Blog Archive When to Submit an Optional Essay

Blog Archive When to Submit an Optional Essay Virtually all the top business schools offer applicants the opportunity to address anything unusual or problematic within their profiles, using either the additional information section of the application or the optional essay. This way, MBA candidates can proactively explain any irregularities or inconsistencies so that the admissions committee understands the circumstances behind these issues and is not left to guess or make assumptions. Commonly, applicants will write an optional essay to explain or reveal one of the following kinds of issues: Poor academic performance in a specific class, semester, or overall; differences in universities’ grading systems Low Verbal, Quantitative, or overall GMAT score Lack of a professional reference/recommender Absences from work or college, or gaps in resume Academic probation/suspensions, firings, or criminal records Not everyone needs to write the optional essay, and by opting to not write this essay, you are not at any kind of disadvantage. It is a tool for those applicants with confusing, seemingly negative, or potentially troubling portions of their profile that the admissions committee will likely notice and question. By proactively addressing the topic via an optional essay, such candidates can essentially preempt any unfavorable reactions on the part of the admissions committee and ideally avoid having the issue become an impediment to admission. So, if you earned an F in a key course in undergrad, had a bad overall semester, did not score well on the GMAT/GRE, or were dismissed from a position, for example, you should write an optional essay explaining the situation in some detail so the school knows more than just the basics. Another reason an applicant might submit an optional essay is if that candidate and his/her partner are both applying to a school at the same time. Informing the ad missions committee of this informationâ€"which does not constitute a problem and is simply a matter of interestâ€"is generally good form. We have seen candidates overcome any number of seemingly insurmountable obstacles, from very low GMAT scores to arrests for drunk driving. We always encourage applicants to address such issues in a “short and sweet” manner, and time has proven that this strategy can yield results. So, when writing the optional essay to discuss a specific concern or issue, be as brief and direct as possible and always respect any stated word limits. Keep in mind that by submitting an additional essay, you are essentially asking the admissions committee to do more work on your behalf, so you want to be respectful of the readers’ valuable time. Therefore, a clarification of your academic problems need not begin with a rundown of your excellent grades in high school, and similarly, an explanation of a gap in your work experience need not begin with a chronology of how consistently you worked before the gap occurred. At the same time, do not take such a minimalist approach that you present only the problem itself, with no explanation, such as simply noting that you have a low Quant GMAT score and declaring that you feel it does not represent your abilities. The admissions committee already knows your results from your score report, and merely expressing your dissatisfaction with the score does not give the school any more information with which to evaluate you. Instead, offer the admissions committee convincing evidence that despite the low score, you truly have the quantitative skills to succeed in business school, and demonstrate that you can indeed contribute via your quantitative abilities. MBA applicants have many possible reasons for writing an optional essay, but again, you should absolutely not feel that you must write one. If you have nothing unusual in your profile to explain and have generally performed well academically, you should be fine leaving your application as is. Avoid the temptation to submit an essay you wrote for a different school just to fill the optional essay space or to write a new essay that simply repackages your strengths. If nothing about your candidacy requires clarification, you are in an advantageous position and should take a step back and appreciate your situation, not fret about it. Share ThisTweet Application Tips Essays

Descriptive Essay About Hawaii - 1329 Words

Underwater, I can’t breath, I can’t see, my lungs are burning. Welcome to Hawaii, one of the most desired vacation spots. Everything is gorgeous, the weather is perfect, the landscape is spectacular, and the Ocean is breathtaking, especially in the inside. Under the sea, which is supposedly the best according to Sebastian. He could not be more wrong, at least in my case. Unless the top sight everyone is dying to see is sand shooting at speeds that would get it a ticket or the beautiful salt water that is forcing itself into both eyes. How did I get to this point, struggling to survive, hoping the Ocean gets tired of me so I can take a breath and pray that it has enough mercy to leave me where I have the strength to swim to shore where my†¦show more content†¦Everything was great until the one fateful wave. That wave, that one wave, the one that changed everything. My feet are swept from under me. Swirling around under the waves that were just caressing my body meekly a few seconds ago. I am powerless to the strength of the ocean. This was beginning to be a Hawaiian roller coaster that I definitely did not want to ride anymore. I am shot back to the reality of where I was. The sand that was so smooth and friendly before was now my worst enemy. It is everywhere, on my face, scraping my body against the rough floor of the sea. I felt the different waves pulling me in different directions like two dogs playing tug-of-war, eventually the bigger dog won and I am being catapulted out to sea. A sharp seashell threw itself at me in the midst of the chaos, like those kids that only do something because everyone else is. Wasn’t I just like that? That was the whole reason I was in this situation in the first place. Thoughts of earlier in the hot tub suddenly popped into my mind. Me and some of my other siblings were messing around in the pool, going underwater and using my ever prepared sister, Brittany’s stopwatch to see who could sta y under the longest. I could only hold my breath for thirty seconds. What if the water held me hostage longer than that? What if this was truly the end. How ironic, IShow MoreRelatedDescriptive Essay About Hawaii1380 Words   |  6 Pagesthe ocean displaying their majestic volcanos and clear blue waters. My family and I were one year into planning this adventure, and I was finally arriving in Maui, Hawaii for the vacation of a lifetime. The moment we landed, I became anxious to get on a surf board as quickly as possible. I promptly asked my parents several questions about the rental car. My father, being a previous Hawaiian resident, quickly assured me to relax, we re on Hawaiian time now. We found the rental, threw our bags inRead MoreOF MICE AND MEN ESSAY Libre2222 Words   |  9 PagesOf Mice And Men Essay Of mice and men essay State of California. essay writers salt lake city research paper writing chattanooga buy college ruled paper. Of mice and men essay Metis-sur-Mer of mice and men essay Columbus, Leicestershire, Palmdale, Bakersfield of mice and men essay san antonio write essay for me, of mice and men essay Alexandria uploading essay to common app, Chester of mice and men essay Norfolk geometry and algebra 1 formula sheet Of mice and men essay State of Rhode Island andRead MoreThe Process of Developing Policies: The President and Foreign Affairs3359 Words   |  14 Pagesdominated the country by previous presidents by acting without the support or consent of congress in foreign affairs to show that presidents have a huge influence foreign policy. As the United States established a protectorate over Cuba and annexed Hawaii while Spain ceded the Philippines, Puerto Rico, and Guam to the united states, the United State had acquired an overseas empire, Roosevelt therefore sought to assemble a powerful and reliable defence for the United States to avoid conflicts with enemiesRead MoreExamples of Book Review9130 Words   |  37 PagesExample of Book Review The Ka, a novel An example of book review writing can be found listed with most books sold on the Net and on the writer’s Web sites. A good sample book review would pertain to writing your personal feelings about a book that you’ve read. Writing a book review is not to be confused with writing a summary of a book. Writing a summary is a totally different matter and that will be covered eventually in my Articles section. In my opinion, no real format exists for writingRead MoreMens Rea The Writing Style and Feminism of Lakambini Sitoy7010 Words   |  29 PagesACKNOWLEDGEMENT The researcher wishes to acknowledge the following people who inspired her to see this endeavor through to its fruition. Thank you; Dr. Lito Diones, Sir Bem for the unbelievable patience and for being always ready to answer any questions about the research process. Dr. Angel Pesirla, for the tremendous amount of knowledge imparted within the last 4 months. Some teachers just make a mark on a student’s life forever with their unselfishness and passion. You are easily one of those. My ProductRead MoreConsumer Behaviour Towards Watches26763 Words   |  108 Pagesconsumers is the media. The media could include a wide range of technology. Marketers are the major people who contribute to the matter of influencing consumer behaviour through the knowledge of fashion. The reason is that teenagers are concerned about fashion value more than any other age groups (Koester and May, 1985). The media, which includes the internet, mobile phones, and satellite television are some technology that generation Y consumers value (Meredith and Schewe, 2002). The valuationRead MoreImpact of merger and acquisition on employee motivation12272 Words   |  50 Pagesaround 60% firms that were involved in MA were less profitable than before . These postulations will be the basis of our discussion of this paper. The importance of MA’s could not be ignored in the economic settings of the 21st century. In 2003, about 7000 corporate mergers and acquisitions were recorded at a value of $440 billion . This figure is reason enough to believe that mergers and acquisitions have recently emerged as important business and economic tools. A number of researchers, howeverRead MoreIntercultural Communication21031 Words   |  85 Pagesresearchers to theorize about cultural patterns of interaction. e) Hall proposes that a holistic understanding of a counterparts culture is not necessary to intercultural communication. He enumerates several items that can be used to understand another culture, including the use of voice, gestures, time, and space. f) The training methods developed by Hall at the Foreign Service Institute are still applied to the intercultural communication training. g) Halls use of descriptive linguistics as theRead MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesPHILADELPHIA Temple University Press 1601 North Broad Street Philadelphia, Pennsylvania 19122 www.temple.edu/tempress Copyright  © 2010 by Temple University All rights reserved Published 2010 Library of Congress Cataloging-in-Publication Data Essays on twentieth century history / edited by Michael Peter Adas for the American Historical Association. p. cm.—(Critical perspectives on the past) Includes bibliographical references. ISBN 978-1-4399-0269-1 (cloth : alk. paper)—ISBN 978-1-4399-0270-7Read MoreLogical Reasoning189930 Words   |  760 PagesUniversity of Colorado at Denver; Dean J. Nelson, Dutchess Community College; James E. Parejko, Chicago State University; Robert Sessions, Kirkwood Community College; and Stephanie Tucker, California State University Sacramento. Thinking and writing about logical reasoning has been enjoyable for me, but special thanks go to my children, Joshua, 8, and Justine, 3, for comic relief during the months of writing. This book is dedicated to them. For the 2012 edition: This book is dedicated to my wife

America Is A Melting Pot - 1709 Words

I definitely disagree with the statement â€Å"America is a melting pot†. The melting pot theory is directly correlated to the term assimilation, which can be described as, â€Å"the process in which formerly distinct and separate groups come together to share a common culture and merge together socially.† Put a different way, assimilation is a practice in which an individual gives up his/her own culture to conform to the dominant culture, being the American culture. During the 19th and 20th centuries, people began immigrating to the Unites States from regions in Northern and Southern Europe which include groups such as Jews and Italians. By residing in the U.S they began to amalgamate into the melting pot, thereby adopting the American lifestyle.†¦show more content†¦Lettuces, carrots or tomatoes are component of a salad that contribute to its flavor, but each ingredient also has its own unique flavor. The different ingredients of the salad epitomize the dis similar cultures in The United States which includes the Italians, the Jews, the Amish, the Mexicans, the Whites, and the Middle Easterners etc. all of whom currently reside in the United States. All of these different cultures may integrate or adopt of some of the American culture like celebrating the fourth of July but still celebrate their own traditions like Hanukah. The salad bowl analogy can also be viewed geographically. Cities like New York, California or Texas are areas with high percentages of immigrant populations who are defying the assimilation theory without the fear of prosecution. Like a salad, one can choose which components to eat and what to take out, likewise one can choose to whether to assimilate or whether to be culturally pluralistic. America continues to be a salad bowl as more and more immigrants add their own flavor into the bowl. Each person is able to conserve their own individuality while contributing to the American culture. Being part of the salad bo wl also means valuing and understanding the culture and values of each individual component. Becoming an â€Å"American† does notShow MoreRelatedAmerica As A Melting Pot885 Words   |  4 PagesAs soon as someone calls the United States a â€Å"melting pot,† I immediately picture the School House Rock music video in which hundreds of happy immigrants dive into the pot to swim together in harmony. The idea of America as a melting pot is, on the surface, a good-intentioned metaphor that carries with it the implication of our unity within one, uniquely American culture. Unfortunately, this metaphor carries negative connotations as well, including forced assimilation into the majority as you â€Å"meltRead MoreAmerica: the Melting Pot?1342 Words   |  6 PagesLaura Stoeckle 14 September 2010 ENG 201 TTH 9:30 America: The Melting Pot? For as far back as history books go there have been stories about people moving from one place to another. Immigration is defined as the movement of people from one country to another for the sole purpose of a stable residence. The United States of America has always been known as the melting pot of the world. Now our country is being faced with people trying to come here illegally and it is creating an argumentRead MoreAmerica Is A Melting Pot1629 Words   |  7 PagesAmerica is a melting pot made up of people from many different races and ethnic backgrounds, so why are the American news broadcasters predominantly white men in their late forties? News represents the American society so therefore American broadcasters should reflect society as a whole. In addition, many people consider news anchors role models and it is important to see themselves represented and trust their news source. The lack of diversity among newscasters impacts the audience’s receptionRead MoreAme rica Is The Great Melting Pot1122 Words   |  5 Pages America is the great Melting Pot. From an early age every American is taught that America contains a mixture of the world s cultures in a perfectly blended mixture. We honor and respect all cultures and invite them to bring their customs here to the United States. But do we really? Take for instance, the Hmong refugees who involuntarily moved to America. Cultural Assimilation seemed to be forced down the refugees throats. Keeping their native customs was looked on with horror and disgustRead MoreImmigration : America A Melting Pot?966 Words   |  4 Pageswondered why many call America a melting pot? Have you ever thought of why there is so much culture in America? Why are there so many different races, styles of clothes, food, and more in America? I will tell you why. It is because of Immigration. Immigration provides a variety of religions, clothing, celebrations, and food to America. Immigrants come from all over the world even today. They come for a multiple of reasons, too. They have benefited America in multiple ways also. America would not be theRead MoreAmerica Is The Melting Pot Of The World848 Words   |  4 PagesThere are a lot of different influences on the world that we live in today, especially in America. America is the melting pot of the world. People from all over the world come here to live, so we have adapted to different cultures all around the world. One of the biggest influences in our society today is Greece and Rome. They influenced our alphabet, language, entertainment, laws, architect, religion, and calendar. The way Americans communicate today is all thanks to the Romans. Our alphabet comesRead MoreAmerica s The Great Melting Pot1952 Words   |  8 PagesAmerica the great melting pot. Some have argued that the melting pot analogy is inaccurate. Instead America is like a tossed salad. A person can see all the individual ingredients that make up the salad. People will argue of what can go into a salad and what cannot go into just as people will argue about the place of certain groups with America. Some find disgust in certain groups of people and praise other. The situation is dynamic. The way people interact with groups are constantly changing andRead MoreAmerica, Melting Pot or Salad Bowl Society?1980 Words   |  8 Pagescalled a melting pot; however, I would argue that America should no longer be called a melting pot. The term melting pot suggests that immigrants should assimilate into American culture. Instead, America should be looked upon as a salad bowl society or a mosaic wor k of art allowing our newcomers to bring their racial and ethnic differences to the country. This allows our newcomers to â€Å"retain their own national characteristics while integrating into a new society† (â€Å"Melting Pot America†). We, asRead MoreAmerica Is Considered The Melting Pot Of The World. This1342 Words   |  6 Pages America is considered the melting pot of the world. This diverse nation is filled with many different ethnicities, cultures, and people with different backgrounds. It is for that exact reason why one is able to find just about every type of food, no matter what culture, in America. Interviewing two immigrants has allowed me to grasp the fact that these different cultures is what makes the United States of America so great! I first started off by interviewing my girlfriend, Amanda, who is an immigrantRead MoreAmerica: Melting Pot vs. Salad Bowl2318 Words   |  10 PagesAmerica: Melting Pot vs. Salad Bowl Multiculturalism is also known as ethnic diversity relating to communities containing multiple cultures. The term is used in two different broad ways, descriptively and normatively. By using the descriptive term, we usually refer to the simple fact of cultural diversity. This can be applied to the demographic make-up of a specific place and sometimes at the organizational level such as schools, neighborhoods or nations. The normative term is often referred to

Sophocles Antigone By Sophocles - 1892 Words

Antigone †¢ Title: Antigone by Sophocles †¢ Genre: Play; Tragic drama †¢ Historical context: Written circa, 442 B.C.E. in Athens Greece. Performed circa, 441 B.C.A. Its literary period was classical. While Antigone was the first written of Sophocles’ three Theban plays, it was the last of the trilogy. It was performed during a time of national unrest. Sophocles was appointed to serve as a general in a military crusade against Samos. The significance of the historical events during that time period and the play were the state’s appropriate or inappropriate use of its power, one’s duty to obey the laws set by their government without question, natural law versus man made law, and civil disobedience or a justifiable rebellion by Antigone, a fierce female heroine. †¢ Protagonist: Theban Princess Antigone, daughter of Jocasta and Oedipus, the King of Thebes best fits the description as the protagonist for defying Creon, her uncle who now rules in Oedipus’s stead and forbids the burial of her brother Polynices. The play centers not only on Antigone’s willingness to accept the consequences of her actions, but also on the assertiveness she demonstrates in doing the right thing: fulfilling her obligations to ensure her brother’s safe passage into the realms of the underworld, obeying eternal laws she believes are governed by the gods and disobeying her uncle’s man-made law. She is a fierce female heroine who embodies the qualities of male contour part. It is Antigone’s civilShow MoreRelatedSophocles Antigone By Sophocles Essay1869 Words   |  8 PagesIn Sophocles’ play Antigone, two brothers, Eteocles and Polynices fight for the thrown of Thebes. The war comes to an end when both brothers die fig hting for the honor, and their uncle Creon becomes the king of Thebes. Upon his coronation, Creon issues a decree that Eteocles, the former king of Thebes, will be honored with a traditional military burial, while his brother Polynices will be â€Å"left unwept, unburied, a lovely treasure for birds that scan the field and feast to their heart’s content† (SophoclesRead MoreSophocles Antigone By Sophocles1495 Words   |  6 PagesAs one of the most famous tragedies ever written, Antigone, by the Greek playwright Sophocles, has received much notoriety as well as much speculation. Set in the city of Thebes after a devastating civil war between the brothers Polyneices and Eteocles, the play begins after the brothers’ deadly struggle for the throne. Polyneices and Eteocles have already caused the undue deaths of one another, and without another man in their immediate family available, their uncle Creon travels to Thebes to seizeRead MoreSophocles Antigone By Sopho cles964 Words   |  4 PagesIn â€Å"Antigone† by Sophocles, a famous ancient Greek tragedian, the main character, Antigone, demonstrates a prohibited action in a strict, male-dominated society. Greek civilization upheld strong values and rules that were designed to enforce orderly behavior among its people. There were state laws created by the King, Creon, and divine laws created by the Gods. Divine law was superior to the king laws, and if that rule was disrupted, eternal consequences could ruin an individual. In this societyRead MoreSophocles Antigone By Sophocles967 Words   |  4 PagesTragedy in Antigone Antigone is one of the greatest Greek tragic plays by Sophocles. The play portrays two main characters, Antigone and Creon, who undergo tragedy in the play. Various arguments have been put forth regarding who amongst the two characters is the actual tragic hero in Sophocles’ Antigone. A number of people are for the idea that Creon qualifies since he does possess the real characteristics of what tragedy is all about, while numerous others believe that Antigone is the actual heroRead MoreAntigone by Sophocles1059 Words   |  5 Pages In the book Antigone, Creon and Antigone can be considered as the tragic heroes of the play. Antigone is considered the tragic hero because of the characteristics she shows such as her ambition to defeat Creon, Creon shows more of the characteristics clearly. Creon is the king of Thebes. He is also Antigones uncle. Creon became king after a fight between Eteocles and Polyneices. One may see Creon as a harsh and controlling ruler, but he is not good nor bad because he shows signs of both like whenRead MoreAntigone, by Sophocles1997 Words   |  8 PagesThe death of Antigone is truly a tragic episode in the Theban Plays, where she hung herself with a woven linen of her dress. By convention, her death would be characterized with feminine quality. However, Antigone, one of the few female characters in the book, possessed distinguishable female characteristics that are as remarkable as a male hero. Antigone was determined when she made up her mind to bury her brother. She was an agent o f her words and took up the risks that accompanied to her deedsRead MoreAntigone By Sophocles Antigone1478 Words   |  6 PagesThroughout Antigone, Antigone is a presented as a strong woman who is both dedicated to her family and her community. That said, there is much conflict between these two dedications. In this paper, I will give examples of Antigone’s different individual responsibilities and her philosophies and explain how those conflict with the commitment that she is to have to her community and indirectly, her king. Ultimately, I will argue that Sophocles demonstrated his values of family, the way of the godsRead MoreAntigone By Sophocles Antigone912 Words   |  4 PagesIn Sophocles, â€Å"Antigone† begins with the stages of grief as Antigone mourns the loss of her two brothers, Polyneikes and Eteokles, who die simultaneously in face-to-face combat in Thebes. Eteokles dies with honor fighting for the Thebesians and is honored with rituals and a proper burial. The body of Polyneikes, who attempted to burn the city of Thebes, is left for the dogs and birds to savage. 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Strategies of Coca-Cola Company †Free Samples for Students

Question: Discuss about the Marketing strategy of Coca-Cola company. Answer: Introduction Recently, Coca-Cola company revealed that it had made a contract with the Nigerian based company, Chi limited to acquire minority equity share holding. Chi ltd is a market leader in Nigeria in juice and dairy products(Team, 2016). As a result, Coca-Cola company has been able to create a strategic relationship with Chi ltd. Initially, Coca-Cola targets to increase its shares to 100% in the next three years from its initial 40%(Team, 2016). Coca-Cola company is strategically positioned to expand its product portfolio and to increase its regional dominance in Africa. Coca-Cola company will have an edge in the market since it is being introduced by a major market leader in the region(Team, 2016). It believed that international expansion and diversification of products are the main drivers of Coca-Colas growth and it is believed that this investment is strategic and act as a future growth catalyst. Developing strategies for managing operations and global market place in a country markets that are highly diverse have become essential tasks for business managers(Stefano Bresciani, 2017). Similarly, the process of international diversification is associated with a fair uncertainty deal, with little form agreement. The impact of industry, environmental, and industrial factors have not been intensively exploited in a number of previous studies although there has been an exploration of other determinants of international diversification(Robert J. Hodrick, 2016). At the same time, the relationships between the performance and international strategies still remains complicated. Unsurprisingly, the extent of the companies involvement in international business and their scope and scale in international diversification has significantly become the center of attention for management researches. International diversification is an approach through which a company increases the sales of its products across countries and global regions into a different markets or geographical regions(Patrick J. Wilson, 2003). Researches using terms such as international expansion, internationalization, multinationality, geographic expansion, and globalization are used in this context to refer to same construct of strategic management. The researches concerning international diversification has centered on the portfolio of foreign direct investment comprising of control and equity. Additionally, researchers in strategic management perceive international diversification to be more than just a simple risk reduction means, that should be embraced rather than being applied as a competitive edge gaining strategy(Ang, 2007). Therefore, the literature on management provides substantial attention to the existing relationship between the performance of the firm and international diversification. Studies have additionally proposed a range of forerunners, and late research on international diversification has progressively accentuated complex connections and potential moderating impacts, outcomes of processes, and the impacts of the institutional condition(N. Capar, 2003). Thus, by using the case of Coca-Cola, this study establishes a thorough model of international diversification that takes after this general movement by analyzing research on the precursors, arbitrators, and results of global broadening research. On the premise of literature survey and evaluation, the study suggests a number of recommendations for proceeding with research on international diversification. During the past two decades, the environment of the international business has seen tremendous change, in such a way that international diversification has increasingly become an important strategic option obtainable by companies looking sustainable competitive edge(Sanjay Dhir, 2015). According to the report released by the World Investment, leading global companies such as Coca-Cola operated in 2003 on an estimated average of 48.9% of their assets, 405 of their employees, and 48.00% of their total sales in other countries apart from their home country. International diversification has increased significantly with the MNEs of the developing country(Tim A. Kroencke, 2017). For instance, in 2002 the companies operating in the emerging market economies accounts for approximately $ 850 billion of the total foreign direct investment. The south African based company Cemex, which has specialized in provision of construction materials with its headquarters located in Mexico, is an example of the firms diversification. The company operates more than 30 out of its 50 subsidiaries and 70% of its staff are employed outside of South Africa, which is its home country(Abid, 2014). Mainly since 1980s, there have been researches concerning the international diversification phenomenon through analyzing the foreign operations shares, which include the subsidiaries, sales, profits, or assets within the MNEs. This kind of study experienced increased growth in the whole of 1990s as researchers considered how organizations could attain new resources and move the core competencies by diversifying internationally to new markets, resulting in adjusted risk returns and increased performance(Gholamreza Mansourfar, 2010). The most recent analysis of articles published in leading management journals demonstrate that international diversification has become one of the areas of international management which is most popular. The international diversification researches continues to grow as the questions for research becomes richer, dwelling more into the complex relationship with varied motivations and performance that leads the expansion of the organizations internationally. Coca-Cola Companys International Diversification Strategy Coca-Cola company has a portfolio of more than 3400 beverages ranging from the regular sparkling and diet beverages to beverages that are still such as tea and coffee, water, 100% fruit juice, energy and sports drinks, and soy and milk-based beverages(finanzen.net, 2016). Coca-Cola varieties cut across the whole world. The diversification of products strategy comprises of current product modification to increase its potential. Diversification of products and product development is quite different in a such a way that product diversification entails the creation of new base of customers, which increases the market potential of the novel product(Team, 2016). This is mostly accomplished through extensions of the brand or the new brands implementation, though in some instances the modification of product may establish a new market through the creation of new product uses. The diversification of products strategies has two main dangers. These are the loss of the original brands meaning and the new customer base misunderstanding. The risk of new customer base misunderstanding is present with the development of the market, while the risk of cannibalization or the loss of meaning is just an important as with the development of products(Chepkilot, 2016). Coca-Cola company produces, distributes, and sells to customers a number of beverages that are non-alcoholic globally. The firm provides consumers with a variety of drinks that can be put into three main categories. These categories include waters, still beverages, and sparkling beverages. Sparkling beverages includes the traditional variety of refreshment products offered by Coca-Cola such as Sprite, Coca-Cola diet, Fanta, and Coca-Cola. Products under this segment are a significant and offers the consumers a satisfying and enjoyable solution to keep good hydration. One of the new products that have been launched by Coca-Cola in the new global markets includes the Coca-Cola Zero. This product has been among the most successful product launched in the firms history. The company announced that it had sold more than 599 million cases globally in 2009(Banutu-Gomez, 2012). Another product that has been launched in Russia by the company is Fruktime. This is a fruit flavored product and which was the fourth product to be launched in Russia by Coca-Cola company after the launch of Sprite and Fanta. Fruktime comes in four flavors. This include soda, cream, Buratino, and Soda. Researches on the markets demonstrates that these flavors are the most preferred by the consumers in R ussia. On the other hand, still beverages refer to the beverages that do not have carbon, such as nectars and juices. The fruit concentrate is obtained by evaporating water that is mostly found in original juice and then replacing it at the time of bottling. Fruit necta is juice pulp or a juice to which varying amount of sugar and water is added. Coca-Coola has introduced also new lines such as Spoarade and PowerAde in Peru. The new lines of products are not eating from one anothers market share but growing the entirely the actual market share. The main aim of introducing the brand such as PoerAde was to help the Coca-Cola company to compete against other products in the market such as Gatorade, so as to gain the competitors market share(Chepkilot, 2016). Therefore, the companys introduction of these kind of products sounds prosperous. Nonetheless, the company still face fierce competition from other products such as Gatorade. Gastorate is one of the leading brand in the market of isotonic beverage. In Belarus, the company sells variety of juices such as Rich and Dobry(finanzen.net, 2016). The companys Nestea tea brands in Belarus include Peach, Lemon, Citrus and Wildberries. Consumers demand variety and additional choices within the category of tea led to the Coca-Colas introduction of Nestea Vitao in 2009. The brand compris es a range of white, red, and green tea bags combined with fruit flavors. In China, the Sprite tea drink and the Minute maid have been able to perform exceptionally in the region. Both drinks have been established through researches and as a result there has been the development of a production unit in China. Coca-Cola company has also launched its new products named Krushka in Belarus, Russia, New York, and Ukraine. The product is fermented with barley and rye is natural sugar flavored(Team, 2016). Though the product is manufactured following a beer process, its fermentation is monitored closely to ensure that the level of alcohol is within the Food and Drug Administrations guidelines for non-alcoholic beverages. An extensive variety of water has been availed to consumers by the Coca-Cola group. For countries that do not have a long history of high sales of Coca-Cola carbonated drinks, water is a significant product line for Coca-Cola company. In Belarus, through its line of BonAqua, Coca-Cola offers six types of water. International Management and Labor Relations Strategy management and Labor relation strategies are the most important strategies companies considers when doing business in foreign nations(Banutu-Gomez, 2012). How management and labor perceive each other is varied across countries. It is significant for firms to evaluate the point of departure in each countrys norms, values, culture, religious beliefs, and laws to determine how to adopt management and labor strategies that are only effectively, but also accepted socially. Before establishing operations in any nation, a firm ought to decide how they plan to staff their offices. There are three structures in which an organization can staff their global operations(Chepkilot, 2016). These incorporate the geocentric, polycentric, and ethnocentric structures. The ethnocentric approach is when individuals from the home organization are accused of dealing with the operations in the outside nation. The polycentric approach is the point at which the nearby individuals of the remote nation oversee operations. Geocentric staffing is the point at which the organization picks the best individuals to oversee operations. Along these lines, in a geocentric system, there could be a blend of home, host-nation, and even outsider managers One reason why Coca-Cola is so profitable is on the grounds that it has executed the approach of geocentric staffing. This is at times a troublesome methodology to initiate on account of the different social constructs managers will experience, not simply among their immediate reports, but rather among kindred administrators. Be that as it may, Coca-Cola has clarified that they manage social contrasts through association configuration by making a variety of adaptable structures and organizations that can supplement diverse markets and through staffing by esteeming global assignments and giving the company's best individuals presentation to various societies and methods for leading business(Team, 2016). Notwithstanding the staffing approach, firms must assess the labor force they will experience. They ought to recognize the nation's particular objectives, structures, and beliefs that contrast from the host nation, different techniques of collective-bargaining, approaches the nation us es to manage working environment strife, administrative associations and much more. It is vital for organizations to decide whether the host nation's work compel will be perfect with the company's main goal and objectives(Banutu-Gomez, 2012). Coca-Cola champions proceeded with development of the business and require the inclusion of expert staff. Potential workers of the Coca-Cola Organization must be open, motivated, result-oriented, and independent, in light of the fact that the organization's center qualities are the commitment, cooperation, quality, integrity, and teamwork. An organization must defend itself from any undesirable work relations issues by creating methodologies for managing these circumstances. For instance, when unions have attempted to organize, Coke has endeavored to break the drive by expanding the compensation scales substantially. This has worked in favor of Coca-Cola in many nations. Furthermore, Coca-Cola's establishments are for the most part little firms that do not issue stock so their monetary operations and they are classified. This shields the parent organization from being lawfully in charge of any unpopular activities from a diversified firm. Note that Coca-Cola has not generally been effective in their labor relations techniques in each nation. Coca-Cola was included in a lawsuit asserting that they utilized prison labor and were included in other human rights debates in China. Mr. NebilleIsdell, Director of the Board(Chepkilot, 2016), denied these cases clarifying they consider labor practices as more important. Also, he added that internal examinations found no utilization of prison labor. The governing body charged that Public Issues and Diversity Audit Board of trustees have consistently inspected the organization arrangements, systems and positions identifying with human rights issues which incorporate working environment responsibility, and particularly identifying with representatives of the organization and its providers in China. Coca-Cola was likewise involved in the biggest racial segregation claim ever. It was recorded in the interest of 2000 previous and current U.S. representatives and brought about a $192.5 million settlement(Ang, 2007). The U.S. Work Secretary was entrusted with supervising the organization's diversity endeavors after the outrage. Coca-Cola reacted rapidly to the situation and adopted diversity in its organization strategy. In later years, managers in the U.S. concentrate more on issues of diversity in Europe. Executing sound management methodologies is vital when an organization grows internationally since administrators are straightforwardly in charge of settling on choices that influence the workers of the host organization and effect the organization as a whole. Coca-Cola has been successful at the adoption of management strategies. Because of the decentralization of Coca-Cola's remote operations, directors are permitted to settle on choices that they believe are most appropriate for the nation in which they work. These techniques can contrast enormously from nation to nation. For instance, due to the way business is done in U.S, managers concentrate on contracts more than associations with their clients and vendors than other nations. In the U.S., independence is pervasive in the public eye and the desires of American laborers are that they should take care of themselves or they may be taken advantage of by the management of their respective organization(Chepkilot, 2016). It is the in verse in Asia. Managers must know about these distinctions from nation to nation and embrace management styles that mirror these distinctions. It is critical for directors not to compel standards that are utilized in their home nations while overseeing abroad company departments. Coca-Cola trusts that diversification of experience diminishes the inclination to trust that there is just a single approach to get things done Conclusion International diversification is one of the main international actions taken by different companies as growth strategy. Coca-Cola company recently announced that it was acquiring minority shares from the Nigerian, Chi ltd. This is seen as efforts of the Coca-Cola company diversification strategies that are aimed to increase its revenues in the global markets. Additionally, the company also has diversified to a range of products across the globe. From the literature evidence discussed in this paper, it is evident that the company has been successful in its international actions. However, in its effort to adhere to the labor guidelines, the company has been accused of tempering with human rights, an allegation it has denied. International actions are crucial for the success of an organization globally. Therefore, the academic fraternity and other stakeholders need to explore the subject further so as to come up with the best practices to be implemented by global entities. References Abid, F., 2014. International Diversification Versus Domestic Diversification: Mean-Variance Portfolio Optimization and Stochastic Dominance Approaches. Risk and Financial Management, pp. 45-66. Ang, S. H., 2007. International diversification: A quick fix for pressures in company performance?. Business Review, 9(1), pp. 17-23. Banutu-Gomez, M. B., 2012. COCA-COLA: International Business Strategy for Globalization, London, UK: William G. Rohrer College of Business. Chepkilot, 2016. Management styles Leadership practices at Coca-Cola., s.l.: s.n. finanzen.net, 2016. How Coca Cola Is Continuing Its Portfolio Diversification Strategy. [Online] Available at: https://www.finanzen.net/nachricht/aktien/How-Coca-Cola-Is-Continuing-Its-Portfolio-Diversification-Strategy-4751756 [Accessed 17 5 2017]. Gholamreza Mansourfar, S. M. a. T. H., 2010. A review on international portfolio diversification: The Middle East and North African region. African Journal of Business Management, 4(9), pp. 4167-4173. Michael A. Hitt, L. T. T. M. B. C., 2006. International Diversification: Antecedents,Outcomes, and Moderators, Texas: Mays Business School. Capar, M. K., 2003. The relationship between international diversification and performance in service firms. Journal of International Business Studies, 34(1), pp. 345-355. Patrick J. Wilson, R. Z., 2003. Does it Pay to Diversify Real Estate Assets? - A Literary Perspective, Adelaide: Center for International Economics Studies. Robert J. Hodrick, X. Z. 1., 2016. International Diversification Revisited, s.l.: s.n. Sanjay Dhir, S. D., 2015. Diversification: Literature Review and Issues. [Online] Available at: https://www.researchgate.net/publication/284224641_Diversification_Literature_Review_and_Issues [Accessed 17 5 2017]. Stefano Bresciani, A. F., 2017. International Diversification and Performance In European Service Multinational Companies, Torino: Department of Management University of Torino. Team, T., 2016. How Coca Cola Is Continuing Its Portfolio Diversification Strategy. [Online] Available at: https://www.forbes.com/sites/greatspeculations/2016/02/25/how-coca-cola-is-continuing-its-portfolio-diversification-strategy/#12d6a4b32adf [Accessed 7 5 2017]. Tim A. Kroencke, F. S. ,. S., 2017. International Diversification Benefits with Foreign Exchange Investment Styles, s.l.: Center for European Economic Research.