Monday, March 16, 2020
Nintendo Strategy Case #20 Essays
Nintendo Strategy Case #20 Essays Nintendo Strategy Case #20 Essay Nintendo Strategy Case #20 Essay Nintendoââ¬â¢s Disruptive Strategy Case #20 Nintendo started out originally as a playing card company which then focused on electronic toys and video games. When Sony came to the United States Nintendo switched its focus to non-gamers in order to compete; the Wii was their ultimate success. Video games were initially targeted to teenagers however with the growth the target market became young adults in their 20s and 30s. In addition, video games evolved into blue-ray/HD home entertainment consoles able to hold data files and offer online libraries. Sony, Microsoft, and Nintendo tend to competitively battle every 5 to 6 years; Sony with the PS, Nintendo with the Wii, and Microsoft with Xbox. When Nintendo came out with the Wii they focused on non-gamers which were almost a completely different target market. The Wiiââ¬â¢s easy-to-use controller increased popularity particularly among female gamers and with the dance mats and physical fitness games families were able to enjoy it together. Nintendosââ¬â¢ revenues nearly tripled from 2006 to 2008. Nintendo was able to turn its low cost hardware into a competitive advantage because they focused on characters instead of special effects. The Wii was half the cost of Xbox and PS games. Wii also included five simple games at no additional cost which was an additional key marketing strategy. In the United States, the Wii sold 600,000 units in the first eight days making $190 million in sales. Nintendo also outsources almost all production of the Wii. Their strategy was to have more than one supplier for the same part so they could get the parts cheaper which in turn further increased production. Then the Wii balance board came along, encouraging health and entertainment focusing on the non-gamers including 40 different activities from yoga to push ups. I learned that like Nintendo you have to meet the technological demands of customers in the future, which Microsoft and Sony failed to do.
Saturday, February 29, 2020
Bremont Watches Introduction
The good thing for luxury product is that they generally faced very less competition as there are not so many companies who produces the same luxury products and try to allure the customers. But still the competitors required to be managed at very large scale. In case of watches the number companies who produce luxury watches are comparatively high (Sarvary, 2006). Here the competition analysis has been done for Bremont watches. Further, the positioning and segmentation had also done in an appropriate manner. This report provided the clear overview about the competition level within the industry and its impact on the positioning of Bremont watches. Company overview The cited organization is active in the business of manufacturing the luxury watches and has created its huge reputation with respect to dealing with upper section of the society. The major factor which determines their success is their collaboration and dedication to some of the leading companys active in various other industries. The company commenced its business year 2002 in England and till now they have developed their business like anything. They are growing their business immensely and more that they grow of trust of customers enormously. The success of the company could be measured by the fact that they have captured a huge market share in just a span of 13 years. The overview of Bremont watches couldnt be finished without describing its most innovative and unique brand in the history of watches (Schiffman and Kanuk, 2010). It is to acknowledge that the brand has set all the parameters since its inception when they start a journey from Thames England. Trip Tick case design i s the technology which is used by Bremont watches. Use of genuine steel and crystal is something which provides the strong base of the companys product range. The tag line of the company is trusted beyond endurance could be realized within their technological development within their products. The main aim of the company is to deliver maximum value to the customers and ensuring the high level of luxury, style and elegance within the product range. Competitors/Competitive advantages/ USP The list of competitive advantage for the Bremont watches is very huge. The USPs for brand is completely amazing and inspiring as they have set all the benchmarks which helped them in creating their distinctive identity and becoming the most valuable brand. The major USP is that the Bremont watches are highly COSC certified and it just increases the reliability. Another competitive advantage factor is related to their exceptional range of products. They manufactured pilots watches and other watches which are suitable for mountaineers, people who dive or remain in water for a longer period of time, celebrities, etc. the range of products is very immense and it just increases their market ratio as well. Further, the USP is that company produces the products which are handmade and these watches are just limited editions. EP 120 is very fine example where a company sets the standards and increases their sales ratio at very large scale (Schultz, Tannenbaum and Allison, 1996). Further, the USP is that Bremont watches have created their international collaboration and tie ups with other renowned brands, Martin Baker, Jaguar and Norton are some of the greatest brands which are associated with Bremont watches and indicates towards the level of luxury status of the cited brand. It is a USP for the company that they have emerged as one of the leading watch manufacturing brand in the entire UK or in the British history. The partnership with Jaguar provides the new height of success of to watch manufacturers and enable them to increase their competitive advantage. The design of watches is also attractive which creates their distinctive identity as compare to its competitors. There are various other innovative approaches which also increase the competitive advantage of the mentioned business entity (Sharp, 1991). The company has a competitive edge in investing into their business and most importantly the business entity increase their expertise as well. The technological adv ancement of the company is also allowing them to put positive impression at the mindset of customers. The company believes that the main component of being a luxury brand is introducing the pioneer technology and giving the strong edge to the products. The industry standards have been followed by the company which also corroborates towards the highest level of competitiveness. Further, the brand endorsements have also done in an appropriate manner by the company. In order to increase the unique features of the product and to outrun the competitors the company have got into tie ups not only with other companies, but also they have their association with celebrities as well (Vieceli And Valos, 2000). It also increases their competitive advantage and can definitely put positive impact at the buying decision of the consumers. The material which company used is something which enables them to get the support and appreciation of industry experts and authority bodies. The raw material used for watches is completely fine and is of superior quality. Thus, on the basis of above discussion two major factors that could be treated USP are the strategic alliance and innovation. The strategic alliance is now a days very much significant to survive or to outrun the competitors. Ahead innovation is something which is essential element to become the luxury brands. Thus it becomes clear that the company has developed its edge on the ground of legal aspects as well. All the industry standards have been followed and different layer technology has used by the mentioned organization. The list of competitors for the company is Tag Heuer, Swatch, Rolex and other Swiss international watch brands. The Bremont watches have to face the intense competition in their industry. These international brands have also created their huge market and distinctive identity (Wang and Tang, 2003). These brands have a niche market and can capture the market share of Bremont watches if they dont follow the continuous improvement and innovation within their products . Even the competitors have got the leverage of excellent customer loyalty and it just allows them to improve their market share and profitability. Further the competitive analysis state that this situation creates the intense competition within the industry. Overall the Bremont watches have to utilize their USPs in proper manner and there is need of bringing the strategic alliances so that the brand awareness could be created and most importantly the brand value could also reach at high level. Segmentation After gaining the important knowledge about the competitive advantage for the cited organization, there is a huge requirement of gaining the proper understanding about their segmentation process. It is clear that the company is focusing upon the people who can afford the luxurious products and can purchase their items. The company is focusing upon segmenting the people in different basis and even they are clear with their market, but still they have followed the very common principle related to the segmentation. It is something which is very much crucial for any organization. The company has segmented its market on the three basis one is demographic segmentation, second is the geographical segmentation and at least the company has focused upon the psychographic segmentation (Yelkur and Herbig, 1996). All these kind of segmentation basis has their own criterias which could enable an organization to understand their market and the strategies could be developed accordingly. The demographic segmentation is the one in which company segments the market on the basis of income and age group. The company has identified the higher income group people and has definitely lead towards higher profits. The people who have handsome income opportunities can afford the Bremont watches and the company is also focusing upon those people. Ahead in demographic segmentation the major categorization has been done on the ground of age group as well. The people who fall in the middle age group are mostly targeting people for the company. They are the one who is actually attractive towards the luxury watches and the company definitely attracts them in a successful manner. Thus, in the demographic segmentation the higher income people and middle age people have been segmented. Further the occupational level the executive, business class, pilots and people who got interested in some sort of adventurous works they are the part of companys segmentation. Further company produced pr oduct for men and the gender basis segmentation is also dependent upon male customers (Fuchs and Diamantopoulos, 2010). Thus, it is a complete description about the demographic segmentation related to Bremont watches. On the basis of Geographical location the places which are economically sound the population is having a good industrial development ratio are the part of segmented areas of Bremont watches. Here the segmentation has been done on the regional basis. Only the developed economies have been segmented for providing the products. Japan, Spain, UK, etc. these are certain regions where the company is selling their products and good profit margins as well. Here at these places the company good impact on the customers and is able to attract more customers. Geographically the segmentation has been done with respect to business development as well. The class of people and their economic stability, per capita income and status also become part of segmentation with relevance to any region or area. It is something which is positive for the company and is generating a high level of business for them (Donnelly and Harrison, 2009). At last the psychographic segmentation is also quite good in terms of segmenting the market. It is the most common basis of segmentation on the ground of luxurious products. In order to increase the sales ratio of luxurious brands the psychographic segmentation should gain huge priority. As mentioned above that status quo is the basis of buying the luxurious products so it is a basis of psychographic segmentation. It is to acknowledge that the brand has divided the people on the basis of their influence and incline towards the luxury brands and watches. The limited edition watches are the example of such segmentation. Company segments the people on the basis of their habits as well. Some people have a habit to collect the limited edition watches so company segments the market as per the habitual basis. It is something which is highly positive for the company. Thus, in case of luxurious products the habitual customers, status quo and people who want to feel self actualization and full satisfaction should be the basis of psychographic segmentation and Bremont watches have also shown their adherence towards the same factor (Banerjee and Dholakia, 2012). Therefore, above the description of company segmentation strategies have been depicted and it shows that company is clear with their market segment and prepare the product line accordingly. Segmented customer profile for Bremont watches include male category and people who lie in the age 25 above as they people can afford the watches of a cited organization and they have a good reputation in their work. Income range is also high and they lay into the category of premium class customers. Further the regional segmentation includes the big and economically stable cities all around the globe. The people who believe in maintaining the status quo, and these brands have become their identity, thus it just becomes the suitable to focus on the upper section of society. Therefore, these kinds of people have fall into the segmentation category. Targeting Targeting is moreover dependent upon the segmentation process. Once the company is clear with their segments which they need to follow or target, then the targeting strategy could be developed in easiest way. Here the targeting has been done in a niche market. The company is not going here and there to find the customers. They have set mindset which allows them to focus on a particular range of customers (-Marsden, 2002). However the company has different plans for their different products. In case of increasing the sales ratio with respect to the proper segmentation the campaigning of Bremont watches is quite attractive. With the help of niche marketing they never get distracted through their main goals and objectives and it is something which allows them to get success. As they have luxury brands so they just try to maintain the niche market and follow the regular customers. In the case of luxurious brands the customer retention and customer loyalty is the major factor which revolv es around the targeting strategy. Here the entire focus is set on retaining the employees so that customer loyalty could be increased (Mcleod, 2007). For the purpose of new customer acquisition the company produced or manufactured different kind of products and they try to retain them until and unless they have not been reached at the stage of customer loyalty. The satisfaction is not guaranteed as the customers are highly elegant and deliver an excellent product to its customers. It can definitely create tough competition. Other luxurious brands also target the same category of market and it is essential to prepare concrete niche marketing strategies. The competitors of Bremont watches have their strong association with customers and have maximum reach as compare to the cited organization. Therefore, it is clear that the company is doing well and the strong combination of targeting and segmenting is allowing them to increase their brand value in a very short period of time. Positioning The company has positioned itself in well organized and proper manner. They are highly effective in gaining the attention of customers. Not only the customers; the company has attracted various brands as well, so that it facilitate them to improve their brand name. Associating with apex brands in the automobile industry like Jaguar is one kind of positioning status, which facilitates to increase the profitability and generating more business (Schaefer, 2011). In order to attract the customers, the company has positioned themselves at all the media platforms. The YouTube is the best source to get knowledge about history and other product details. Further other social media websites also register the presence of Bremont watches and it also allowed them to position themselves in an appropriate manner. It is to acknowledge that the Bremont watches now have become major brand and people have started to follow the brand. Through celebrity endorsements the company is in a position to attrac t an upper section of the society and has positioned the product as a status symbol (Goller, Hogg and Kalafatis, 2002). It is most crucial element of company positioning strategies that the brands have successfully created the brand value for status symbol and wearing the watches of Bremont company has become a fashion trend. They never compromise with the quality of product and always ensure the quality check for the purpose of maintaining the excellence and market leadership in a British region or other geographical areas where the company is having its operations. The chronometer, code breaker, EP 120, etc. these are certain limited edition brands which have also improved the positioning strategies for the company. To improve the positioning the brand has successfully brought a transformation in various forms. They have introduced some elegant wall clocks with painting within itself and it just gives a new edge to their business and helps in creating the distinctive identity (Cla rke and Freytag, 2008). Conclusion Thus, on the basis of above study it could be stated that the company has understood their market and their vision was clear from the very beginning. They were focused on the innovative business approach and manufactured the watches for a special purpose. First, they target the pilots and aircraft related business and manufactured elegant watches for them and then switch to wide market but still maintain the luxury and style. Their segmentation was proper which support the targeting as well as positioning strategies. However, the level of competition is immense and other luxurious watch brands have catered the major chunk of the market. ReferencesBanerjee, S. and Dholakia, R., 2012. Location-based mobile advertisements and gender targeting. Journal of Research in Interactive Marketing. 6(3). pp.198214. Clarke, A. and Freytag, P., 2008. An intra- and inter-organisational perspective on industrial segmentation: A segmentation classification framework. European Journal of Marketing. 4( 10). pp.10231038. Donnelly, R. and Harrison, G., 2009. The Marketing Planning Process. Routledge.Fuchs, C. and Diamantopoulos, A., 2010. Evaluating the effectiveness of brand-positioning strategies from a consumer perspective. European Journal of Marketing. 44(12). pp.17631786.Goller, S., Hogg, A. and Kalafatis, S., 2002. A new research agenda for business segmentation. European Journal of Marketing. 36(2). pp.252271. Marsden, P., 2002. Brand positioning: memes the word. Marketing Intelligence Planning. 20(5). pp.307312. Mcleod, S., 2007. Diffusion of Innovation. [Online]. Available through: http://dangerouslyirrelevant.org/2007/06/diffusion_of_in.html. [Accessed on 6th May 2015].Sarvary, M. 2006. Market Segmentation, Target Market Selection, and Positioning. Harvard Business School.Schaefer, A., 2011. Introduction to Marketing in Business. The Open University.Schiffman, L. and Kanuk, L. 2010. Consumer behavior. 10thed. Harlow: Prentice Hall.Schultz, D., Tannenbaum, S. and Allison, A., 1996. Essentials of Advertising Strategy. NTC Business Books.Sharp, B., 1991. Competitive Marketing Strategy: Porter Revisited. Marketing Intelligence Planning. 9(1). pp.410.Vieceli, J. And Valos, M., 2000. Marketing Management. Atlantic Publishers Distri. Wang, Y. S. and Tang, T. I., 2003. Assessing customer perceptions of web site service quality in digital marketing environments. Advanced Topics in End User Computing. 3(3). p.16.Yelkur, R. and Herbig, P., 1996. Global markets and the new product development process. Journal of Product Brand Management. 5(6). pp.3847.
Thursday, February 13, 2020
Free Trade Article Example | Topics and Well Written Essays - 250 words
Free Trade - Article Example The problem with this type of outsourcing is that it can critically harm the domestic labor market. Ease of service outsourcing has made millions of domestic jobs vulnerable to being outsourced overseas (Wessel & Davis, 2007). The local labor market is likely to suffer shortage in labor supply as labor demand exacerbates. This scenario would likely trigger economic chaos in the affected economy. On the other hand, countries where most services are outsourced to would experience an influx, similarly causing economic imbalances in labor demand and supply. This type of outsourcing has its benefits too. The process keeps globalization running, thereby enhancing global interdependence in trade. Outsourcing along this line also creates opportunities for poor economic performers when they interact with tiger economies. To enhance competition along free trade and communication technology aspects, outsourcing practices should be subject to globally agreed upon regulation procedures. The flow of outsourced services should be controlled by taking into account the economic potential of all economies involved. This would ensure that the magnitude of outsourced services matches the economic potential of the destination country. All variables of free trade would also have to be factored in in enhancing
Saturday, February 1, 2020
International Finance International Investing Project Research Paper
International Finance International Investing Project - Research Paper Example According to the report the explanations will offer insight on what is driving the valuations of the U.S.-based MNCs and the foreign stocks over time. Select two stocks of U.S.-based MNCs that you want to include in your portfolio. If you want to review a list of possible stocks or do not know the ticker symbol of the stocks you want to invest in, go to the website http://biz.yahoo.com/i/, which lists stocks alphabetically, or to http://biz.yahoo.com/p/, which lists stocks by sectors or industries. Make sure that your firms conduct a substantial amount of international business. Next, select two foreign stocks that are traded on U.S. stock exchanges and are not from the same foreign country. Many foreign stocks are traded on U.S. stock exchanges as American depository receipts (ADRs), which are certificates that represent ownership of foreign stock. ADRs are denominated in dollars, but reflect the value of a foreign stock, so an increase in the value of the foreign currency can have a favorable effect on the ADR's value. To review a list of ADRs in which you may invest, go to www.adr.com and click on ADR Universe. Click on any industry listed to see a list of foreign companies within that industry that offer ADRs and the country where each foreign company is based.From this paper it is clear that if you do not already use a specific website for this purpose, go to http://finance.yahoo.com/?u and register for free. Follow the instructions, and in a few minutes you can create your own portfolio tracking system. This system not only updates the values of your stocks, but also provides charts and recent news and other information on the stocks in your portfolio. Evaluation At the end of each month-October 31, November 30 and December 31 during the fall 2011 semester, you should evaluate the performance and behavior of your stocks. 1. a. Determine the percentage increase or decrease in each of your stocks over the period of your investment and provide that percentag e in a table like the one below. In addition, offer the primary reason for this change in the stock price based on news about that stock or your own intuition. To review the recent news about each of your stocks, click on http://finance.yahoo.com/?u and insert the ticker symbol for each firm. Recent news is provided at the bottom of the screen.
Friday, January 24, 2020
Managing a Creative Culture Essay -- essays research papers
Managing a Creative Culture: Do ââ¬Å"Creativesâ⬠Fit into the Traditional Management System? The ability to reach the creative individual cannot be achieved through the traditional management organization. Creative people don't fit in very well in a hierarchical organization with traditional management techniques. To manage creatives, a new model must be developed. Organizations must take heed to the needs of creatives or be subject to losing these valuable resources. Summary Resources, freedom and challenge are the management keys necessary to develop and maintain a creative environment. These keys, along with encouraging and supporting ââ¬Å"creatives,â⬠will foster the growth and development of an organizationââ¬â¢s employees, management and ultimately itââ¬â¢s culture. Many organizations have tremendous success in recognizing and cultivating the creative talent of its employees. Whether this talent is already in effect or brought out, managers must take the best approach to ensure a positive, creative impact on the organization. Organizations that do not change with the times will soon find themselves behind or more seriouslyââ¬ânon-existent. Different things motivate them and money is no longer the top motivator for creatives. Looking at creatives from another view, this group, also referred to as the creative class, represents a powerful economic force. Not economic force in terms of ownership of property or the means of production but their creative capacity which is an intangible because it is literally in their heads. So what will draw the creative to a particular organization? Creative expression and the chance to present new ideas and deliver results in different ways is the top motivation, but does traditional management provide this opportunity? This paper will present a correlation between organizational management, culture, creative types and how understanding and fostering their integration produces successful organizations. Introduction Managing creatives is counter-intuitive. It goes against almost everything we are taught about managing a business. That's why managers rarely do a good job at managing these kinds of workers. Managing creative people is counter-intuitive for two reasons--the nature of the work is different and the nature of the worker is different. Creative people don't fit in very well in a hierarchical organization with traditional man... ...ir work to inspire them. They want to feel good about who they are through the work they do. When that happens, creativity flourishes. An organization must look within its employees and understand what they are passionate about. It is then that they will build systems to successfully nurture creatives. References Amabile, T. (1998). How to kill creativity. Harvard Business Review, 77-87 Beir, J. (1995). Managing Creatives, Vital Speeches of the Day, 61(16) Cummings, L. (1965). Organizational climates for creativity. Academy of Management Journal, 220-227 DeSalvo, T. (1999, June). Unleash the creativity in your organization. HR Magazine, 154-164. Florida, R. (2002). The rise of the creative class. New York: Basic Books. Myers, R. & Ray, M. (1986). Creativity in business. New Jersey: Doubleday & Company, Inc. Robinson, A. & Stern, S. (1997). Corporate creativity: How innovation and improvement actually happen. California: Berrett-Koehler Publishers, Inc. Smethurst, S. & Glover, C. (2003, March). Creative License. People Management, 30-34 Tan, G. (1998). Managing creativity in organizations: A total system approach. Managing Creativity in Organizations, 7(1): 23-31
Wednesday, January 15, 2020
Starbucks updates on annual meeting of shareholders Essay
Comparing capital expenditure Introduction à à à à à à Certain companies are considered as the front runners in their respective industries judging from their spending and the annual profits they get in their operations. For example, in the search engines industry, Google is well thought ââ¬âout to be the trailblazer having billions of users. However, there are small companies which try to thrive in the same industries. The small companies possess some unique features which help them to survive in those industries. They distinguish themselves by differentiating their products brand and surroundings to meet their target market needs. Capital expenditure has been used to determine a companyââ¬â¢s worth. It focusses on the properties, buildings and the equipment that a company considers as assets. The funds needed to buy, maintain and refurbish these assets are the ones referred to as capital expenditure. à à à à à à Centred on the profit margins of a company, the capital expenditure is conjectured as a percentage of the gross profit during equivalent distribution. This paper will contrast the capital expenditure of Starbuck Corporation and Dunkin Brands in the coffee industry of the United States. Starbuck being the frontrunner in the industry and Dunkin as its leading competitor. The paper will focus on the capital expenditure of the two companies for the past three years. à à à à à à Dunkinââ¬â¢ Brands Corporation has for years thrived as a competing franchise in the coffee industry. It is the sole owner of two restaurants in the United States, that is, Baskin- Robbins and Dunkinââ¬â¢ donuts. Since it acts as the franchise for these two restaurants, the capital requirements has been lower making it easy to open up the restaurants. Dunkinââ¬â¢ Donuts derives its income from the franchises through royalties and fees. A fraction of the total capital expenditure is incurred by Dunkinââ¬â¢ Brands from these franchisees. It owns a global market share of roughly 23 percent while Starbucks owns around 32.6 percent, leading in the list as far as coffee market is concerned. à à à à à à In 2011, the capital expenditure for Dunkinââ¬â¢ Brands mounted to $19 million due to the addition of other outlets in the states. In the same year, the company had incurred huge expenses due to some few factors. These factors include, costs from giving out new stock for public sale from a firm which has already made its preliminary public offering. , loss on debt when the creditor accepts a higher security, and written off goodwill charges from a corporation with South Korea. In the year 2012, the company had incurred capital expenditures of $23.4 million which is considered as restrained bearing in mind the number of site launches. à à à à à à In 2013, the capital expenditure for Dunkinââ¬â¢ Brands elevated to $31.1 million. This shows that the value of the expenditure was consistent throughout the three years. The companyââ¬â¢s price- earnings ratio had been so low but due to the establishment of new stores the P/E ratio is expected to rise over the next fiscal year. The initial public offering that the company issued, raised funds to settle the long term debt creating a progressive cash flow. In the calculation of capital expenditure of Dunkinââ¬â¢ Brands, the net amount of fixed assets recorded in the financial statements for the previous year is subtracted from the net amount of fixed assets recorded for the year just ended. The amount of depreciation is also done the same and the result is added to the net change of the fixed assets. The final answer is the amount of capital expenditure of the company. à à à à à à Starbuck Corporation as the juggernaut in the coffee industry has continued to show growth especially towards the Asian countries ( Byrd,2013). Sales have increased steadily due to their market strategy enabling an equal increase in capital expenditure. The expansion to these Asian countries which include, Chinese/Asian/Pacific division, has been considered as one of the factors that has contributed to the faster growth of the corporation. à à à à à à Starbuck Corporation continues to be successful due to the low interest rate that persuade the management to enlarge its capital expenditure. However this may upsurge the total quantity of liabilities on the balance sheet of the corporation. China/ Asian/ Pacific Division has an extraordinary economic growth with interest rates at its lowest making it an enormous and worthwhile investment opportunity caused by the increase in the companyââ¬â¢s liabilities. à à à à à à The need to increase these liabilities of the company is to capitalize on the returns in that new market environment. Starbuck has incurred some debt which has been getting lower considerably throughout the years. Its financial debt to total debt ratio in 2010 was 11% to 31% in 2013. Initially the decision for Starbuck Corporation to increase its capital expenditure, did not lower the profit margin which was the expectation of many. However, since 2010 to 2013, the profit margins heightened significantly. The company is expected to improve the income GDP per capita worldwide from 2010 which was at $7329 ( Byrd, 2013). This will in turn increase the visits the consumer makes to the stores resulting in growth with foreign revenue by additional 45% in the next 10 years. à à à à à à In the companyââ¬â¢s annual financial statements, the capital expenditures in the investing activities column shows that in the year 2011 was at $531.9 million. In the year 2012 the amount rose to $856.2 million and $1.15 billion in 2013. The capital expenditure has been consistent over the three years like the Dunkinââ¬â¢ Corporation. This was due to the opening of new stores across the country. Depreciation has grown in the years as a result of increased capital spending and procurements. 2012 has been Starbucks development phase since it increased the new stores to up to 1300. Most of the stores were located in China. The capital expenditure value has been derived from getting the net fixed assets of the preceding year and subtracted it from the net fixed assets of the year just ended. The value is then added to the depreciation amount gotten from the difference between the depreciation value from the year just ended and the preceding year. à à à à à à The focus on the companyââ¬â¢s capital expenditure has been used to acquire the desired information to determine and predict its future earnings according to financial and accounting models. Managers counter information from the private operation about the future costs and demands over and done with their investment judgements. à à à à à à In the quick food service industry, Starbuck Corporation and Dunkinââ¬â¢ Brands are the key participants. They try to counter the rising consumer demands for fast food products. However they are somewhat different since Starbuck Corporation principal concentration is on the expensive coffee, but has trailed on other product lines such as teas and juices. Conversely, Dunkinââ¬â¢ Brands has focussed primarily on marketing their products to everyone by combining coffee and donuts. The rate of growth for Dunkinââ¬â¢ has been considered to be moderately strong by financial analysts, but Starbucks has been a stronger growth with very minimum amount of debt. à à à à à à Capital expenditure is the most commonly used determiner for how well a company operates since the funds are used to upgrade an existing business asset or purchasing a new asset for example a new building. The cost or the value of the business assets is always adjusted for tax purposes. Capital expenditure is measured to be deductible for tax determinations, because it signifies an improvement to the industry. The following table represents the capital expenditure comparisons between Starbuck Corporation and Dunkinââ¬â¢ Brands a franchise to the Dunkinââ¬â¢ donuts and Baskin Robbins.(2013). SBUX DNKN Qtrly Rev Growth (yoy): 0.11 0.06 Gross Margin (ttm): 0.57 0.79 Operating Margin (ttm): 0.14 0.39 Net Income (ttm): 1.51B 106.11M P/E (ttm): 33.59 44.29 P/S (ttm): 3.47 6.61 Employees: 160,000 1,104 Revenue (ttm): 14.02B 667.67M EBITDA (ttm): 2.59B 313.12M EPS (ttm): 1.97 0.94 PEG (5 yr expected): 1.61 1.72 Market Cap: 49.50B 4.42B References Starbucks updates on annual meeting of shareholders. (2013). Entertainment Close ââ¬â Up, Retrieved from http://search.proquest.com/docview/940899804?accountid=32521 Mergent database in the Ashford University Library. Mergent Online Quick Tips [accessed Nov 14th, 2014] Byrd, J., Hickman, K., & McPherson, M. (2013). Managerial Finance. San Diego, CA: Bridgepoint Education Inc. Source document
Tuesday, January 7, 2020
Criminal Justice - 1687 Words
Criminal Justice Abstract: According to one recent study, around 5% of the GDP goes on crime control. In spite of these measures, the crime in the last few years has increased. A number of studies have indicated that crime prevention can considerably cut down on offences as well as costs. High-tech crimes are a new kind of white-collar crimes that can be one single event or constant and usually involve the theft of information, resources, or funds. Organization is very important to any establishment, professional or otherwise. Organization is what keeps things running smoothly and proficiently, so that the main job, in this case law enforcement, can be accomplished without the added hassle and confusion that being unorganized always inevitably brings. Introduction: In the past few decades, the rate of crime and the costs to prevent it has skyrocketed. Government is spending huge amount of their money and resources on preventing, investigating and dealing with the consequences of these crimes on social and public life. According to one recent study, around 5% of the GDP goes on crime control. In spite of these measures, the crime in the last few years has increased. With crime persistently resisting so-called disciplinary efforts to fight it, curiosity among legal experts has progressively shifted to new methods of preventing criminality, rather than punishing it (Lunde 2004). A number of studies have indicated that crime prevention can considerably cut down onShow MoreRelatedCommunity Justice And Criminal Justice980 Words à |à 4 PagesCommunity justice is a broad term that includes many aspects of involving the community. The main goal is to enhance the lives within the community through the creation of problem solving strategies and strengt hening the standards within the community by restoring victimââ¬â¢s quality of life, and reintegrating offenders of crimes. Although community justice can be traced back hundreds of years. The model is still considered a nontraditional approach in todayââ¬â¢s criminal justice sector. Due to its broadRead MoreJustice And The Criminal Justice System Essay1918 Words à |à 8 PagesWhen it comes to the criminal justice system, there is often a gray area between what is considered fair and what is just, with these concepts many times having a connection. Furthermore, justice and fairness are subjective and many times individualsââ¬â¢ concept of what is fair or just differ. Throughout a recent court case involving a Stanford University swimmer being charged with rape, that issue became well evident. This case involved a Stanford student, Brock Turner, being charged with sexuallyRead MoreCriminal Justice1258 Words à |à 6 Pagespunishment. 5. Solitary confinement is economical. The Quakers are the ones that actually formed these ideas, due to the fact they wanted more human treatment for criminals. I believe that the five principles were implemented due to the kind of treatment that the criminals were getting at that time period. ââ¬Å"Until the late 1700s, criminals were put to death, shipped to other countries to become slaves, and were thrown to wild animals just so society could literally get rid of them.â⬠(http://voicesRead MoreThe On The Criminal Justice System984 Words à |à 4 PagesGarland (2001), view on ââ¬Å"the criminal justice system in America was created to keep communities safe, to respect and restore victims, and to return offenders who leave prison to be self-sufficient and law-abiding. Treatment simply did not work either by therapy or broader social programs and became is a monumental failure that our states and nation can no longer affordâ⬠(p.61) Garland (2001) stated ââ¬Å"that the collapse of faith in our correction system began a wave of demoralization that underminedRead MoreThe Criminal Justice System720 Words à |à 3 Pagesrole in the courts, compared to the accused or offender (Booth, 2016). Victim-focused law reforms are open to many jurisdictions throughout Australia, and majority of systems which follow the adversarial nature of proceedings (Garkawe, 2007). The justice system aims to enforce a therapeutic structure, however, in some instances this fails to be upheld for the victim. In a sentencing hearing, an offenderââ¬â¢s mitigating factors may reduce their sentence, therefore providing the offender with more rehabilitativeRead MoreCriminal Justice Majors1105 Words à |à 5 PagesContrary to popular belief the life of a criminal justice major is not all about being a hardboiled cop or a living a black and white noir film, there is actually quite a bit of disciplinary literacy in the background. People looki ng forward to a career in criminal justice should be able to write up investigation reports, reports to be used in trials, and documents relating to various types of criminal offenders. For a bachelorââ¬â¢s degree in Criminal Justice 120 credits including some general electiveRead MoreCriminal Justice System1524 Words à |à 7 Pagesfor the Criminal Justice System is to reduce the crime and the fire of crime. In order to achieve this it is using different agencies and the major of them are the Police, Prosecution, Courts, Prisons and Probation. 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As time has passed criminal justice has change in many ways, for example: the way they dress, arrest,Read MoreCriminal Justice Essay598 Words à |à 3 Pageslaws being put into the law books that help victims when violated, the courts are still not looking out for those individuals who have in fact be victimized. ââ¬Å"Advocates for victimsââ¬â¢ rights have long complained that they have been sidelined by a criminal justice system that is focused on the interplay between the state and the defendantâ⬠. (Boland amp; Butler, 2009)This statement alone dictates how the system actually works when it comes to the victim in court. Most individuals lose sight that thereRead MoreThe Criminal Justice System1305 Words à |à 6 PagesThroughout this course, I have learned about the many segments of the criminal justice system. The criminal justice system is made up of three main elements which process a case from initiation, through trial, to punishment. First a case starts with law enforcement officials, who investigate crime and gather evidence to identify and use against the assumed suspect. The case then proceeds to the court system, which evaluates the evidence to decide if the defendant is guilty or innocent. If the defendant
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