No need for topic Essay Example | Topics and Well Written Essays - 2250 words - 2

No need for topic - Essay Example BestBuy Company Incorporation is a multinational retailer that deals with selling of computer electronics, mobile phone products and various other appliances. Other than the retail stores, the company is also involved in the operations related to call-center and online retail transactions. In order to maintain the smooth flow of the organizational operations, requirement for strategic management frames is observed to be a vital part for BestBuy. Few examples can be cited from BestBuy, where application of strategic management has been depicted. Considering the fiscal year 2001, BestBuy Company has acquired the Magnolia Hi Fi Inc., which is a retailer of audio along with video products. In this aspect this strategic decision was undertaken in order to access upscale consumer segment. This is an example of strategic change within the domestic environment of the company (BestBuy, â€Å"About Best Buy†). In accordance with the strategic change during the fiscal year 2002, BestBuy acquired Future Shop Ltd for better prospect. Future Shop is considered as Canada’s largest retailer and has been acquired with an objective to retain the company’s brand equity and also increase its consumers’ base. Another example can be cited from the field of its operation that reflects about the initiative taken by BestBuy Company as an approach to strategic management. The US based BestBuy stores have provided the customers’ with the facilities of differentiated product categories such as computing and mobile phones, entertainment, services, consumer electronics and appliances among others. (BestBuy, â€Å"About BestBuy†). The mission statement of the BestBuy Company is identified as â€Å"Our formula is simple: we’re a growth company focused on better solving the unmet needs of our customers—and we rely on our employees to solve those puzzles.

ASSESSMENT Essay Example | Topics and Well Written Essays - 1250 words

ASSESSMENT - Essay Example Non-conventional types of dividend payments, particularly share repurchases are in most cases used currently, and therefore, the dividend decision is much more multifaceted and complex than it was in the past. In addition, there are more significant types of shareholders who should be satisfied today-particularly institutional investors-while managers once merely have to satisfy individual stockholders. Therefore, n increase in the dividend payout is taken to be good news. The company is showing that it not only has positive cash flows, however these cash flows are rising sufficiently to validate an elevated payout to shareholders. The company â€Å"proves† its cash flow by paying out some of that cash to its shareholders. This means that higher dividends might indicate lasting greater earnings for the company. How this argument has been contradicted that the dividend policy is irrelevant. It is for this reason that this paper will examine on the fact that company's dividend p olicy is irrelevant to its market value. ... i-Miller (M&M) theorem, (Irrelevancy Theory) (1961) forwarded by Franco Modigliani and Merton Miller, influences the base for modern view on capital structure, although it is usually perceived as merely scholarly because it presumes away numerous significant elements in the capital structure decision. The theorem argues that, in a perfect market, the value of a firm is irrelevant to how that firm is funded. This outcome offers a basis used to study real global reasons why capital structure is appropriate. These other reasons comprise agency costs, bankruptcy costs, information asymmetry, taxes among others. The theorem has been used to show that dividend is irrelevant to firm’s market share. Merton Miller and Franco Modigliani (MM) under their theory argued that in perfect financial markets (no transactions costs certainty, no taxes, or other market imperfections), the value of a company is impacted by the allotment of dividends. They claim that company’s value is mainl y driven the prospective income and risk of its investments, therefore, maintaining income or paying them to the shareholders in dividends does not affects its value (Grullon et al 2002). MM through its theory indicated that provided the company is attaining the returns anticipated by the market, it does not matter whether the returns is directed to the stockholder as individuals currently, or reinvested. They would perceive it in terms of dividend or price appreciation. Therefore, in this case the shareholder can develop their individual dividend through selling the stock when they need cash (Lie 2000). They qualified their argument through this calculation: V t = 1/1+rt[Dt+Vt+1-m t+1P t+1] Where rt = Discount rate Dt = Total Dividends Paid V t+1 = Firm Value @ t+1 = ntP t+1 M t+1P t+1 = Amount

The Epic Of Gilgamesh Essay Example | Topics and Well Written Essays - 1000 words

The Epic Of Gilgamesh - Essay Example Right from his birth, his adventures under the influence of Enkidu to his last days the readers find that there is always a divine connection in his actions and speeches. The relationship between Gilgamesh and gods can be compared with the relationship of Abraham and God in the Book of Genesis. In both the stories God has a sinifcant role to play in the development of the character. Epic of Gilgamesh goes on to prove that desire of God and destiny of man often comes in conflict. The clash between mortality and desired immortality heightens the tragedy of the epic poem. The prologue of the epic â€Å"Whoever you may be, governor, prince or anyone else, whom the gods may choose to exercise kingship† (George, xxxvi) comments that god has impartial view of mankind. In the poem Gilgamesh is portrayed with lot of glamor. The lines which denote his lordly appearnce and stature are: â€Å"Supreme over the kings, lordly in appearance/ he is the hero, born of Uruk, the goring wild bull†. (Kovacs, Tablet I) His appreciation is evident when it is said â€Å"Gilgamesh is awesome to perfection† His bravery and courage is reflected in the following lines: His physical greatness is complemented by his leadership abilities and his camaraderie with his fellow subjects; â€Å"He walks out in the front, the leader/ And walks at the rear, trusted by his companions/ Mighty net, protector of his people†. (Kovacs, Tablet I) The story of Epic of Gilgamesh is clasified into epsiodes namely a) the meeting of Gilgamesh and his friend Enkidu, b) encouter with fickle and voluptuos goddess Shamhat, c) journey through the Cedar forest, d) death of Enkidu and e) search for immortality. The journey through the Cedar forest has high importance because Gilgamesh and Enkidu duo kills the monster Humbaba and also defeat the Bull of Heaven. Ishtar, the goddess of sex and warfare supervises their combats. Companion’s death urges him towards quest for life of eternity. Utnapishtim offers him a chance to

REIT Project Essay Example | Topics and Well Written Essays - 500 words

REIT Project - Essay Example RECOMMENDATION: HOLD PRICE: 378 Gp AS OF July2, 2009 Volume 4,063,468 Days High 379.25p Days Low 371.50p Avg. Vol 5,343,894 Company description: The British Land Company PLC operates in the fields of property development, finance and investment in London. The Company’s retail warehouse park investments include Teesside Shopping Park, Giltbrook Retail Park, The Kingston Centre, New Mersey Shopping Park, Glasgow Fort, Parkgate Shopping. Significant financial developments have occurred in the past two years that led to decrease of revenues to 16 percent to  £554M and a net loss of  £63l 93B up from  £1.61B as of March 2009 according to report of Reuters. Based on Reuters report, BLC posted negative performance for the year ended as it has negative operating margin of -65.16 B and a negative net profit margin of -700.54bn. Percentage of management effectiveness are nestled on high negative ratios.. It has low cash availability and zero cash flow which shows company relies heavily on debt borrowings. It has a total debt equity ratio of 117.76% that is a risky investment because of high cost of mo ney. The company has no dividend yield and zero growth rates for the past two years There is no available property map that depicts location of properties of BLC. Based on Yahoo Finance, BLC is the biggest real estate management company in London. One of their properties is over 12 hectares property in Broadgate

Personal Essay Example | Topics and Well Written Essays - 1250 words

Personal - Essay Example Secondly, one has to ensure that the business they are operating abides with the law. Dealing with un-licensed and illegal businesses has been one crime that the government has been fighting for many years. Those arrested due to operation of such businesses have always faced harsh penalties, in accordance with the set laws. Therefore, this paper seeks to answer some of the life questions that working adults have to resolve in their lives. What keeps me awake at night every day are my goals and priorities. Every night, I have to ensure that my day’s plans are accomplished. This is to ensure that I start my day without carrying forward any unaccomplished tasks. I have set my daily goals in which they have to be accomplished. Failure to accomplish them is an indication that my work is lagging behind. That is another indicator of laziness and lack of focus in life. This is the reason I have to ensure that a day’s target is achieved. Planning next day’s targets is another reason to stay up late at night. As the manager of my life, it’s my duty to ensure that I have outlined the things that am supposed to do and what I have to achieve on that day (Todd, 25-34). Therefore, no matter how engaging my day may have been, I must plan the next day’s targets and the way to achieve them. I believe in the slogan that says â€Å"failure to plan is planning to fail.† I have come to realize tha t those who go to bed without analyzing their accomplishments and their failures do not move forward. Therefore, I have made it a habit to analyze all that I have accomplished daily and what I have not. In addition, I have to get a reason for my failure to accomplish a certain task so that I may not repeat the mistake in future. Looking around my friends and those close to me, I get scared since I realize they do not have plans for the future. By future I mean plans for the next second, minute or day. Many of them

E-business Essay Example | Topics and Well Written Essays - 1500 words

E-business - Essay Example ainst this background, this report seeks to critically explore some of the measures that can be put in place by Friendly Supermarket which has underscored to transform from the traditional use of price tags at the tills while processing a transaction to a modern and sophisticated system that uses scans to detect the bar codes which in turn detect the product and its price. Friendly supermarket is developing this system from scratch and this report seeks to outline the major requirements as well as the benefits of adopting this new system to the top management of the group of supermarkets in Port Elizabeth. Revamping the traditional method of using price lists at the tills or price tags on all products as the only source of getting the correct price for the product at Friendly Supermarket requires a holistic approach since it will certainly bring about various changes to the infrastructure. The traditional method meant that more people would be on the floor sticking prices to each single product in the supermarket using the rivet stickers. However, the new system would see a dramatic shift from this traditional way to a sophisticated method aided by the use of computers and scanners. The major change to the infrastructure would be the introduction of computers in many departments including the till areas and these would be connected to a single server so as to ensure a smooth network. This would also require a system that is capable of holding large quantities of data and can process it at a tremendous speed so as to ensure effectiveness and efficiency compared to the traditional way of sticking price tags on each single product. This system would require all the bar codes on the products to be captured where all necessary details about the product would also be recorded. In this case, the name of the product, quantity as well as price would be recorded against the barcode of that particular product. Scanners connected to the computer servers in the supermarket

American history questions Essay Example | Topics and Well Written Essays - 1250 words

American history questions - Essay Example It established the notion of an international justice system that can be resorted to in cases when criminal acts are committed by a country against the citizens of another country or when they are committed by a government against its own people. The relevance of the Trials was that they served as precedent to future cases. In the subsequent cases, for example, crimes against humanity like genocide and ethnic cleansing committed in Yugoslavia, Rwanda, and Indonesia, the principles of the Nuremberg Trials were employed to try the accused. At the close of the war, the threats to these freedoms were once again resuscitated by the actions of the USSR. Harry Truman who succeeded Roosevelt to office saw the Russians’ foreign policy as emphatic on the communist ideology, suspicious, aggressive and close to and of the world around it. Soviet seemed so suspiciously obsessed with its security. Truman then decided that the best way to deal with the Russians and Stalin was a hard-line approach to contain communism and defend American interests. Thus, there was a discarding of the policy of compromise and the adoption of the policy of containment. In addition, Truman took a lesson from the past. His ‘Iron Fist’ approach was a reaction to the appeasement approach that was employed by the British towards Germany and Hitler before the outbreak of the WWII. Since the appeasement approach seemed to have goaded Hitler into being an airhead and declared war against the allies. Truman thought that from then on such an approach is not only futile but also dangerous and so he took a different tact. Another threat that communism brought to the US is the fear that that it’s spread in Europe would curtail US trade in that market. The revival of Europe after the war was especially important to the consumer-based US and therefore it must be safeguarded from communism. Q8 Some historians argue that the