(c) Listing a large firm's stock is often considered to be beneficial to stockholders because the increases in liquidity and reputation probably outweigh the additional costs to the firm. (d) Stockholders have the right to elect the firm's directors, who in turn select the officers who manage the business. If stockholders are dissatisfied with management's performance, an outside group may ask the stockholders to vote for it in an effort to take control of the business. This action is called a tender offer. (e) The announcement of a large issue of new stock could cause the stock price to fall.
Economic: maximizing stockholders wealth and value In regards to evaluating your company on their attitude toward economic social responsibility, I have found that your company has made some good moves, although there could be some improvements made in this area. By closing down the two stores that were losing money you increased the profits at your other stores. This helps the wealth of your stockholders, and shows a good attitude toward economic social responsibility. Considering the high profit margin of stocking health and organic products your company took years to stock the products and still only carries a limited supply. This shows a bad attitude toward economic social responsibility.
ACC/291 Week 1 Discussion Questions 1. How are bad debts accounted for under the direct write-off method? What are the disadvantages of this method? The direct write-off method is when a company determines that an account is uncollectible and it charges the loss to the Bad Debts Expense. An example of this would be when a customer is not able to pay their bill because due to a downturn in the economy, money may be tight if they have been laid off from their jobs or faced with unexpected hospital bills.
We must also expand sales to our newer customers by utilizing public relations activities, trade shows, brand development, and sales force promotions. These changes and implementing our recipes to reach our goals will help us reach our goals on a steadier track. Sixty percent of our incremental sales will come from our existing customers by the end of the year. We must take a consultative sales approach to understand the current needs of our customers and anticipate their future needs as well to satisfy and keep our existing customers. The other forty percent of our sales will come through new customers, therefore we must reach these new customer through trade shows and leverage market research reports.
Huffman Trucking thrives on its vision “to be a model company to [their] stockholders, employees, customers, and all stakeholders” (Huffman Trucking). Huffman Trucking has four locations across the United States and employees roughly 1350 employees. Some of the larger clients include the US Government and automotive part suppliers. Huffman Trucking uses 800 road tractors, 2100 fourty-five feet trailers, and 260 “roll-on/roll-off” units. Each employee and unit must be accounted for.
"Administrators need to see their groups performing beneficially, and making positive move towards attaining the group's targets". Short Term and Long Term Strategies of XYZ Company, INC XYZ Company must execute some short and long haul methodologies for its financial needs, and create the procedures for the organization to deal with its working capital. XYZ Company must begin increasing sales today. It must attain its objectives and targets. In the event that the sales increase, the organization will create additional working capital, and can undoubtedly accomplish its yearly objectives.
Recently, the market is on an uptake with its improving stocks & bonds. The light in a year-plus-long tunnel is bringing both hope and realization. The market improvement is also shedding a truth on a troubling facet of the economy, the 401(K). The realization Stephen Gandel, of “Time Magazine”, has highlighted in his article “Why It’s Time to Retire the 401(k)” focuses on the sad truth that 401(K) is not effective and thus can not be relied on. 401(K) has become ineffective because of the corruption of big business, the misunderstanding of and as a result a mishandling of the 401(K) accounts, and its correlating dependency on the market’s success.
RadioShack Business Information Systems I worked for RadioShack as a Sales Associate for almost five years. Over those years, I learned a lot about how valuable information systems are. I don’t currently work there but I am familiar with their system. RadioShack has over 6,000 company-operated or franchise stores. They are one of America’s largest retailers.
Lowe's divisions are divided by geographic region. Stores vary in size based on location and profits. Profitable stores in populated geographic areas tend to be larger. Lowe's has created two new executive positions, with the goal of streamlining its operations to better serve its customers. The new positions are chief customer officer and chief operating officer.
When the market for the company grows so will the business and the profits. Stage 3 is the expansion stage. The owner now starts to notice that the company is finally starting to pay off. As the business expands, so will the employee base. The company now will need to add a new layer of employees, the professional management team.