Saturday, December 14, 2019
Operating Model Definition Free Essays
l assist in the integration of processes throughout franchises 200 locations. The main location will have the ability to make changes to expectations or processes and make them available to all of the 200 locations from the main location without having to go to each location individually. This operating model will improve the structure and processes of the 200 franchise locations by making it possible to reach out to all of them at once whenever necessary changes are needed to be made. We will write a custom essay sample on Operating Model Definition or any similar topic only for you Order Now Each location will also have the ability of reporting to the central location any changes as well as request to make changes and send in any data that would prove the necessity of the proposed changes without needing to go to that individual location to address whatever issues at hand. Ralphââ¬â¢s Ribs is unlike any of the other sample organizations because it lacks an actual formal IT setup since all data is sent in from the 200 franchises as individual batch files. The chosen model would help in any of the four scenarios; however it would prove to be a vital asset for Ralphââ¬â¢s Ribs as it would help standardize all processes throughout the 200 franchises making it easier to manage the data coming in from the franchise locations. The chosen operating model would assist in saving time thus allowing the organization and its franchises to make additional advancements which would allow them to implement their sales and marketing strategies. When saved time is utilized it opens the door to unlimited opportunities, in this case Ralphââ¬â¢s Ribs main location would save an enormous amount of time if the individual reports from its 200 franchise locations were sent into a database that was setup to receive and sort the data from the franchise locations. How to cite Operating Model Definition, Papers
Friday, December 6, 2019
Analysis of ExxonMobil and British Petroleum
Question: Describe about the Financial Statement Analysis of ExxonMobil and British Petroleum? Answer: Introduction British petroleum is an oil and gas providing company which is mainly supplies of fuel their clients and customers for transportation activities, light producing energy supplies and lubricant products which is required for the vehicles engine and different products which is used by the consumers petrochemical products which is mainly used in the preparation of paints and clothes facilities for other products. Exxon Mobil Corporation is exploring their business activities in the country U.S for the production and distribution activities of the oil and natural gases. The company is mainly deal in the products like petrochemical, aromatics and the other products which is directly related to the petrochemical products and industry. The project is all about the understanding the financial status of the company in the market during the financial period of 2013 and 2014 (Horngren and Rajan, 2012). The critical analysis of the companies Exxon Mobil and British Petroleum which are mainly described the financial situation of the company in the market and the non financial analysis which is mainly described the investment decision and the other strategies of the companies with the support several organizational sources within given period of time. The situation of the different analysis which is related to the several activities of the company is mainly depends upon the companies are having certain rules and policies according to which is the income statements of the organization which is support in measuring the performance of the company within a given period of time (Horngren and Oliver, 2012). The study is all about the investments activities in the energy proving company. The companies are providing products and services in the petrochemical and energy sector which will provide better financial position of the organization in the different scenarios of the company during perf orming in the market. Critical Analysis The critical analysis of the company will be analyzed by the company within a given period of time by the reviewing the financial statement analysis of the companies Exxon Mobil and British petroleum. The ratio analysis will be better analyzing the financial and performance status of this organization (Gibson, 2012). Profitability Ratio Profitability ratios of any organization which is support to analysis of the measuring the capabilities of the organizations in the revenue generation activities of the companies within a particular given period of time. Here the overall profitability analysis of the companies Exxon Mobil and British Petroleum within financial period of 2013 and 2014 (Garrison and Brewer, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Revenue $ 438,255.00 $ 411,939.00 $ 379,136.00 $ 353,568.00 Gross Profit $ 57,711.00 $ 51,630.00 $ 30,221.00 $ 4,950.00 Gross Profit Margin 0.131683609 0.125334091 0.079710183 0.014000136 According to the overall analysis of the companys financial statements which is helping in measuring the earning capabilities of the company within given period of time. The mentioned companies are having 0.131 and 0.125 in the financial year 2013 and 2014 for Exxon Mobil and for British Petroleum the gross profit earning margin is 0.079 and 0.014 respectively. The overall situations showing that these companies are reducing their gross earning capability of the company. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Revenue $ 438,255.00 $ 411,939.00 $ 379,136.00 $ 353,568.00 Net Profit $ 32,580.00 $ 32,520.00 $ 23,758.00 $ 4,003.00 Net Profit Margin 0.074340281 0.078943727 0.06266353 0.011321726 According to the overall analysis of the companys financial statements which is helping in measuring the earning capabilities of the company within given period of time. The mentioned companies are having 0.074 and 0.078 in the financial year 2013 and 2014 for Exxon Mobil and for British Petroleum the net profit earning margin is 0.0626 and 0.011 respectively. The overall situations showing that these companies are reducing their net earning capability of the company. The indirect expenses of the companies are huge which is reducing the net margin of the company within a given financial period of time. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Net Profit $ 32,580.00 $ 32,520.00 $ 23,758.00 $ 4,003.00 Total Asset 346,808 349,493 305,690 284,305 Return On Assets 0.093580219 0.099269975 0.080536276 0.028159899 According to the overall analysis of the companys financial statements which is helping in measuring the earning of the company by the assets which is acquired by the company within given period of time. The mentioned companies are having 0.093 and 0.099 in the financial year 2013 and 2014 for Exxon Mobil and for British Petroleum the returns earned from the assets acquiring activities are 0.080 and 0.028 respectively. The overall situations showing that these companies are showing that company Exxon Mobil is performing better than British petroleum in the financial year 2013 and 2014. Liquidity Ratio Liquidity ratios of the company are mainly support in calculating the financial liquidity analysis of the company within a provided period of time. Liquidity ratios define the short term financial status of the company for settle down their financial obligations within a certain period of time. The liquidity ratio of the companies Exxon Mobil and British Petroleum will be identified by the calculation of current and liquidity ratios of these companies (Follett, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 current assets 59,308 52,910 96,840 87,262 current liabilities 71,724 64,633 72,812 63,615 current ratio 0.826891975 0.818622066 1.330000549 1.371720506 The current ratio of the companies Exxon Mobil and British petroleum are in the financial year 2013 and 2014 is mainly analyzed as 0.826 and 0.818 which is related to the certain activities of the company and the current ratio of the company 1.330 and 1.371 within a given financial period of time which is showing that British Petroleum is more efficient in paying their short-term obligations of the company within a given period of time rather than compare to Exxon Mobil corporation. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 current assets 59,308 52,910 96,840 87,262 current liabilities 71,724 64,633 72,812 63,615 Inventory $ 12,117.00 $ 12,384.00 $ 29,231.00 $ 18,373.00 quick ratio 0.657952708 0.627017158 0.928541999 1.082904975 The quick ratio of the companies Exxon Mobil and British petroleum are in the financial year 2013 and 2014 is mainly analyzed as 0.657 and 0.627 which is related to the certain activities of the company and the current ratio of the company 0.928 and 1.082 within a given financial period of time which is showing that British Petroleum is more efficient in paying their short-term obligations of the company within a given period of time rather than compare to Exxon Mobil corporation. Solvency Ratio The solvency ratios are mainly help in the making payment for the organization within long term period of time to their creditors and financial institutions. The debt and equity ratios of the companies will easily define the financial status of the company in terms of the paying their long terms obligations (Edwards and Boyns, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Debt $ 6,891.00 $ 11,653.00 $ 40,811.00 $ 45,977.00 Total Equity $ 10,077.00 $ 10,792.00 $ 130,407.00 $ 112,642.00 Debt-Equity Ratio 0.683834475 1.079781319 0.312950992 0.408169244 According to the calculation of the debt equity ratios of the these mentioned companies are mainly related to the different companies which is defining the debt equity ratios of the organization in ideal proportion in the financial year 2013 an 2014 is 0.683 and 1.079 for the company Exxon Mobil and for the British Petroleum the company is mainly having debt equity percentage of 0.312 and 0.408 for British petroleum in the financial year 2013 and 2014. The overall scenarios shows that the Exxon Mobil corporation is having huge debt in compare to the equity provided by the company (Drury, 2012). Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Liabilities $ 166,313.00 $ 168,429.00 $ 175,283.00 $ 171,663.00 Total Asset 346,808 349,493 305,690 284,305 Debt Ratio 0.479553528 0.481923815 0.573401158 0.603798737 Debt ratio of the companies is mainly showing the financial capabilities of the company through their investors and the different financial institutions in the given financial period of time. The debt ratio of both the organization is 0.479 and 0.481 in the financial year 2013 and 0.573 and 0.603 within financial year 2014. The debt acquiring status of the company British Petroleum is higher in compare to the Exxon Mobil. Particulars ExxonMobil British Petroleum 2013 2014 2013 2014 Total Equity $ 10,077.00 $ 10,792.00 $ 130,407.00 $ 112,642.00 Total Asset 346,808 349,493 305,690 284,305 Equity Ratio 0.029056423 0.030879016 0.426598842 0.396201263 Equity ratio of the company mainly described the financial status of the company that how much amount of the money is invested by the company in their business activities within given period of financial year 2013 and 2014 are 0.0290 and 0.030 in 2013 and 0.426 and 0.396 in the financial year 2014 which is showing that company British Petroleum is maintaining the more equity proportion than debt amount in the given period of time (Bhimani, 2012). Non Financial Analysis Balance scorecard According to the non financial scenario analysis of the petrochemical company Exxon Mobil is mainly considering as a global based petrochemical company which is mainly giving impact on the global market price changes of the oil and gases which is depends upon the different factors of the getting impact demand and the supply of the companys products which is manufactured by the representative company. Financial perspective Customers perspective Internal process perspective Learning and growth perspective During the economic activities like recession and the inflation periods of time the growth of the companies will be negatively sloping and the overall direct impact of the company operational activities (Moeschler, 2012). The demand and supply of the products of the different companies are positively sloping as per the expectations of market investors. The prices of the goods which is supplied by the company is mainly based on the several factors which are several factors like changes in population growth, exchange rate of the currency and fluctuations (Petersen and Plenborg, 2012). There are various factors which is mainly depends upon the risk factors of the different kind of assets which is acquired by the company and capabilities of the Exxon Mobil for giving financial satisfaction to their stakeholders. The several factors which is depends upon legal obligations of the company Exxon Mobil and the barriers which providing several activities of the company within a given period of time period for the company. Exxon Mobil are also facing huge problem in the legalization of the government for the petrochemical industry in U.S. The company British petroleum is mainly related to the several activities which is depends upon the certain activity which directly and indirectly indicated by the organization for the controlling the different hazards in the material supplied by the company within a given period of time. As per the overall performance of the company the business activities of the British Petroleum is losing the figures of the different containment figures of the company (Ratnatunga and Balachandran, 2012). The key performance indicators of the company which is depends upon the strategies and the other scenarios of the organization which is totally depends upon the Non financial activities of both the companies. The companies are mainly supporting the overall activities of the company which is mainly based on the financial performance of the companies. The business strategies of the both the companies Exxon Mobil and British petroleum are growing as per their non financial activities of the company which is highly growing in the market all around the world. Conclusion The overall project is describing the financial and strategic performance of the company within given period 2013 and 2014. The companies Exxon Mobil Corporation and British Petroleum are performing well in the market with the products of petrochemical products which is showing as per the critical analysis that company is declining in maintaining the financial status of the organization in 2014 which is lower than the financial year 2013. The overall performances of both the companies are mainly better as per the analysis of the overall analysis of the company profile and financial scenarios. Reference Bhimani, A. (2012).Management and cost accounting. Harlow, England: Financial Times/Prentice Hall. Drury, C. (2012).Management and cost accounting. Andover: Cengage Learning. Drury, C. (2012).Management and cost accounting. Andover: Cengage Learning. Edwards, R. and Boyns, T. (2012).A History of Cost and Management Accounting. Hoboken: Taylor and Francis. Follett, R. (2012).How to keep score in business. Upper Saddle River, N.J.: FT Press. Garrison, R., Noreen, E. and Brewer, P. (2012).Managerial accounting. New York: McGraw-Hill/Irwin. Gibson, C. (2012).Financial statement analysis. Mason, Ohio: South-Western. Horngren, C., Datar, S. and Rajan, M. (2012).Cost accounting. Upper Saddle River, N.J.: Pearson/Prentice Hall. Horngren, C., Harrison, W. and Oliver, M. (2012).Accounting. Upper Saddle River, N.J.: Pearson Prentice Hall. Hsu, S. and Qu, S. (2012). Strategic Cost Management and Institutional Changes in Hospitals.European Accounting Review, pp.1-33. Kieso, D., Weygandt, J. and Warfield, T. (2012).Intermediate accounting. Hoboken, NJ: Wiley. Mayes, T. and Shank, T. (2012).Financial analysis with Microsoft Excel. Australia: South-Western. Moeschler, M. (2012).Cost Accounting in Germany and Japan. Frankfurt: Lang, Peter, Internationaler Verlag der Wissenschaften. Petersen, C. and Plenborg, T. (2012).Financial statement analysis. Harlow, England: Financial Times/Prentice Hall. Peterson Drake, P. and Fabozzi, F. (2012).Analysis of financial statements. Hoboken, N.J.: Wiley. Ratnatunga, J., Tse, M. and Balachandran, K. (2012). Cost Management in Sri Lanka: A Case Study on Volume, Activity and Time as Cost Drivers.The International Journal of Accounting, 47(3), pp.281-301. Robinson, T. (2012).International financial statement analysis. Hoboken, N.J.: John Wiley Sons. Robinson, T., Henry, E., Pirie, W. and Broihahn, M. (2012).International financial statement analysis workbook. Hoboken: John Wiley Sons. Schmuck, M. (2013).Financial distress and corporate turnaround. Wiesbaden: Springer Gabler. Subramanyam, K. and Wild, J. (2012).Financial statement analysis. Boston, Mass. [u.a.]: McGraw-Hill Higher Education. Weaver, S. (2012).The essentials of financial analysis. New York: McGraw-Hill.
Thursday, November 28, 2019
The Golden Marmoset Essays - Callitrichidae, Marmoset, Lion Tamarin
The Golden Marmoset Golden marmosets, or Leontopithecus chrysomelas, have a mane derived from long hairs on the top of the head, cheeks and throat. The golden marmoset is predominantly black with golden to reddish-orange on the front of the mane, the lower half of the front paws and part of the tail. It weighs about 0.7 kg (1.5 lb). They eat mostly insects and fruit and small vertebrates such as lizards and birds. The female usually gives birth to twins. The golden marmoset occurs in the Brazilian Atlantic Forests.The golden marmoset has only been known from the southern portion of the coastal state of Bahia, Brazil. It was originally found between the south bank of the Rio das Contas and the north bank of the Rio Belmonte along the Atlantic Coast. As of 1981, small scattered populations were known only near Buerarema, Itabuna, Una and possibly Ilheus, in the state of Bahia in Brazil. More than 90% of the original Atlantic coastal forest, which contains the golden marmoset's habitat, has been destroyed or reduced to obtain lumber and charcoal and to clear out areas for plantations, cattle pasture, and industry. In addition, capture for use in laboratories and the pet trade has contributed to its decline. As of 1990, international trade had been reduced, although internal trade was still widespread. Animal Science
Monday, November 25, 2019
Five Ages of Man in Greek Mythology According to Hesiod
Five Ages of Man in Greek Mythology According to Hesiod The classic Greek Five Ages of Man came from an 8th century BCE poem written by a shepherd named Hesiod, who along with Homer became one of the earliest of Greek epic poets. He likely based his work on an unidentified older legend, possibly from Mesopotamia or Egypt. An Epic Inspiration Hesiod was a farmer from the Boeotian region of Greece who was out tending his sheep one day when he met the Nine Muses. The Nine Muses were the daughters of Zeus and Mnemosyne (Memory), divine beings who inspired creators of all kinds, including poets, speakers, and artists. By convention, the Muses were always invoked at the beginning of an epic poem. On this day, the Muses inspired Hesiod to write the 800-line epic poem called Works and Days. In it, Hesiod tells a Greek creation story that traces the lineage of mankind through five successive ages or races including the Golden Age, the Silver Age, the Bronze Age, the Heroic Age, and the present (to Hesiod) Iron Age. The Golden Age The Golden Age was the mythical first period of man. The people of the Golden Age were formed by or for the Titan Cronus, whom the Romans called Saturn. Mortals lived like gods, never knowing sorrow or toil; when they died, it as if they were falling asleep. No one worked or grew unhappy. Spring never ended. It is even described as a period in which people aged backward. When they died, they became daimonesà (a Greek word only later converted to demons) who roamed the earth. When Zeus overcame the Titans, the Golden Age ended. According to the poet Pindar (517ââ¬â438 BCE), to the Greek mind gold has an allegorical significance, meaning the radiance of light, good fortune, blessedness, and all the fairest and the best. In Babylonia, gold was the metal of the sun. Silver and Bronze Ages During Hesiods Silver Age, the Olympian god Zeus was in charge. Zeus caused this generation of man to be created as vastly inferior to the gods in appearance and wisdom. He divided the year into four seasons. Man had to work- plant grain and seek shelter- but a child could play for 100 years before growing up. The people wouldnt honor the gods, so Zeus caused them to be destroyed. When they died, they became blessed spirits of the underworld. In Mesopotamia, silver was the metal of the moon. Silver is softer with a dimmer luster than gold. Hesiods Third Age was of bronze. Zeus created men from ash trees- a hard wood used in spears. The men of the Bronze Age were terrible and strong and warlike. Their armor and houses were made of bronze; and they did not eat bread, living mainly on meat. In Greek and older myths, bronze was connected to weapons, war, and warfare, and their armor and houses were made of bronze. It was this generation of men that was destroyed by the flood in the days of Prometheus son Deucalion and Pyrrha. When the bronze men died, they went to the Underworld.à Copper (chalkos) and a component of bronze is the metal of Ishtar in Babylon. The Age of Heroes and the Iron Age For the fourth age, Hesiod dropped the metallurgical metaphor and instead called it the Age of Heroes. The Age of Heroes was a historical period to Hesiod, referring to the Mycenaean age and the stories told by Hesiods fellow poet Homer. The Age of Heroes was a better and more just time when the men called Henitheoi were demigods, strong, brave, and heroic. many were destroyed by the great wars of Greek legend. After death, some went to the Underworld; others to the Islands of the Blessed ones. The fifth age was the Iron Age, Hesiods name for his own time, and in it, all modern men were created by Zeus as evil and selfish, burdened with weariness and sorrow. All manner of evils came into being during this age. Piety and other virtues disappeared and most of the gods who were left on Earth abandoned it. Hesiod predicted that Zeus would destroy this race some day. Iron is the hardest metal and the most troublesome to work. Hesiods Message The Five Ages of Man is a long passage of continuous degeneration, tracing the lives of men as descending from a state of primitive innocence to evil, with a single exception for the Age of Heroes. Some scholars have noted that Hesiod wove the mythic and the realistic together, creating a blended story based on an ancient tale that could be referenced and learned from. Sources: Ganz T. 1996. Early Greek Myth. Johns Hopkins University Press: Baltimore.Griffiths JG. 1956. Archaeology and Hesiods Five Ages. Journal of the History of Ideas 17(1):109ââ¬â119.
Thursday, November 21, 2019
4.2. American Revolution Essay Example | Topics and Well Written Essays - 250 words
4.2. American Revolution - Essay Example George Washington who is counted in the list of the founding fathers of the country did not have a very comfortable childhood and he became a land surveyor during his teenage. His assessment of land helped him when he became a part of the military. He was made the Commander in Chief of the Continental Army in the year 1775. Following this, he performed his duties in an extraordinary way leading his soldiers to victory eventually. He did not give up hope and kept on pushing for the fight to continue which then became the reason for the surrendering of the British troops in the year 1781. His important decisions during the period of war were the unexpected attacks on the military bases at Trenton in 1776 and at Princeton in the year 1777 2. The success of Washington and his popularity during the American Revolution led him to become the first President of the United States of America in 1789. His services in the war are still remembered and he was an important figure of the Revolution3 (Learning 2008). Blythe, Bob. 2008. ââ¬Å"George Washington.â⬠The American Revolution.National Park Service. U.S. Department of the Interior. 2008. Accessed March 28, 2013.
Wednesday, November 20, 2019
The Airline Industry Essay Example | Topics and Well Written Essays - 1500 words
The Airline Industry - Essay Example It is very important for any organization to consider the PESTEL analysis before it can engage in marketing its products. This is more important in that it allows companies to plan their future. PESTEL analysis describes a series of macro-environmental factors, which are used in environmental planning. This paper looks at the impacts of government intervention in the airline industry in using PESTEL. It is very important of external analysis when doing a market research since it gives an overview of the different macroeconomic factors, which the industry has to take into consideration. Some of the Political factors considered are the taxation policy in the industry, the laws related to employment, trade restrictions, and regulations on the environment, tariffs, and political stability in the industry. Economic factors considered in this case are economic growth of the industry, changes in interest rates, changes in exchange rates of the industry, and the rate of inflation that affects the industry (Zhou, & Stuart 2008). Social factors considered in their case includes, cultural concepts of the entire industry, health consciousness of the industry, the rate of growth of the population, the distribution of age, careers attitudes in the industry and emphasis laid on safety in the airline industry. Technological factors are also considered in this case and includes environmental and ecological aspects, which determines the barrier to entry in the industry, the minimum level of efficiency and production in the industry which effect outsourcing decisions. Moreover, technology factors cover research and development activities the level of technology and automation incentives used in the industry rate at which technology changes in the industry (Sajeev 2012). PESTEL is a way of analyzing the different environments that affect the industry. Pestel deals with
Monday, November 18, 2019
Castle Television Show Essay Example | Topics and Well Written Essays - 750 words - 4
Castle Television Show - Essay Example As is the relationship of the other characters on the show like Lanie Parish, the resident coroner, and her on-off boyfriend Det. Esposito and in turn, his relationship with his partner Det. Kevin Ryan. The show excels in this aspect because the writers stop to actually develop the back stories of these supporting characters. By giving them their own highlight cases and storylines every so often, the character development becomes a fluid part of the show. It is a move that helps to not only keep the stories fresh but also allow the viewers to take a liking to characters that they would otherwise not care so much about in relation to the main storyline which is the Castle - Beckett romance. ââ¬Å"Castleâ⬠is also a show that knows not to take itself too seriously regardless of the gravity of the case. The show-runner, Andrew Marlowe, somehow manages to constantly balance the thrill of the crime with the method by which it is investigated. Richard Castle serves up hefty doses of comic relief at just the right moment every single time. This is also what makes the show uniquely special. Every time comic relief comes out of his mouth, he does so with a bit of trivia or history for the viewers to learn from. Be it a reference to Lady Gaga or a classic film noir, there is always something new for the viewers to pick up on and Google after the show. The characters are more than mere caricatures of people as presented in other crime shows. These characters actually have lives that go beyond the precinct. They are people who make mistakes as real people do. Each person portrayed can be either admired or hated depending upon the story that they are given. Take for example the character of Kate Beckett. She is the resident glamor girl on the show. She looks flawless and elegant on the outside.
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