In this task, I will be describing how political, legal and social factors are impacting upon the selected business activities. The two businesses which I have chosen are, Oxfam and also Tesco. Political factors for Tesco Taxation Large business such as Tesco is largely affected by the government taxes, such as income taxes and business rates. Tesco is a large business which means that a lot of corporation tax taken away from their profits. Corporation Tax is a tax on the taxable profits of limited companies and other organisations.
Contrast the nature and spatial distribution of world cities with mega cities in the developing world? World cities= Tokyo, New York, London and Paris Mega Cities= Mexico City, Lagos, Beijing, Bangkok The nature, character and spatial distribution of world and megacities is dictated by the function they perform in the globalised economy, where they fall in the hierarchy of dominance and dependence, and their importance nationally and locally as a result of their role within their own nations. Nature The nature or world cities are largely defined by the process of globalisation. Since the 1950s the economics of the world richest economies have been increasingly integrated into the global economy, to such an extent now that they perform the role of command and control centres. This has occurred as a result of rapid advances in transport and telecommunications technology, such that it is now possible to buy and sell stock, place orders for delivery/production of good and discuss business strategy at the click of a button.
a. Opportunities: investment opportunities; enhancing revenues (global branding, marketing flexibility, advantages of scale and scope); reducing operating costs (low cost materials, labor, flexibility in global site selection, flexibility in sourcing and production, economies of scale and scope, economies of vertical integration); multinational business strategy (following the customer, leading the customer, following the leader, going local) b. Risks: differences in legal, accounting, and tax systems; differences in personnel management (i.e. HR practices); differences in marketing; differences in distribution; differences in financial markets; differences in corporate governance 2. Given the following Euro to $ Exchange rate of 1.46, what is the information contained in this quote?
Verizon is one of the largest communication companies around with 2012 consolidated revenue of $115.8 billion dollars, up 4.5% from 2011 (Verizon Wireless, 2013). There are several internal and external factors that a large company such as Verizon faces. Challenges such as globalization, technology, innovation, diversity, and ethics can and do have an impact on each of the functions of management, both negatively, and positively. We will begin this journey with Globalization. Globalization Globalization is one of the biggest trends in today’s business world.
The operating costs in 2010 were $18,940 billion and in 2009 they were $15,339 billion, (Google.com, 2010). The company has increased operating costs but they have also increased their income and the worth of the company’s stock has
Liquidity Ratio Calculations: Current Ratio = Current Assets / Current Liabilities $147,800 / $90,283 = $1.637:1 Acid-Test Ratio = (Cash + Short-Term Investments + Net Receivables) / Current Liabilities $89,664 + $0 + $51,869 / $90,283 = $1.567:1 Receivables Turnover = Net Credit Sales / Average Receivables ($1,109,295 - $89,664) / [($51,869 + $81,557) / 2] = 15.283 *Average Collection Period = 365 / 15.283 = 23.883 Days When evaluating Huffman Trucking’s ability to pay off short-term debt and maturing obligations, it’s imperative to analyze the company’s liquidity. Utilizing the current ratio to analyze liquidity, which compares all current assets to current liabilities,
Would it make a difference if a firm relied heavily on traditional business channels versus just e-commerce? BUSN 427 Week 5 DQ 2 From the perspective of a domestic firm, what are the advantages and disadvantages of licensing the rights to the company’s production process and trademark to a firm in a foreign country? What are some of the ways that a firm can reduce the risk of losing its proprietary know-how to foreign companies through licensing agreements? BUSN 427 Week 5 Assignment BUSN 427 Week 5 Assignment (Chapter 11 Case Analysis Proctor and Gamble) 1050+ Words BUSN 427 Week 6 DQ 1 How might a company make strategic use of countertrade schemes as marketing weapons to generate export sales revenues? What are the risks associated with pursuing such a strategy?
Net income was $2,849 million in 2008, which was an increase of 2.2% over 2007. Also, in 2008 Target posted receivables at $8,651 million, which was a 28.03% increase over 2007. The 28 percent jump in receivables can be an indicator of rising credit risk impending on the retailer. Target is aggressively offering the Target Visa card as well as the Target Check card. The increase in receivables could be due to an increase in accounts with higher credit limits.
Horizontal Analysis *** (see accompanying Excel Spread Sheets) A1a. Strengths and Weaknesses of Horizontal Analysis (amounts in millions except per share values) The First Strength: The Home Depot, Inc. Net Sales show a significant increase in growth from $74,754M in 2013 compared to $78,812 in 2014. The company increased sales by $4,058 a 5.4% growth. This is a comparable growth to 6.19% for the prior fiscal year 2013. This increase in net sales is supported by a decline in cost of sales.
To put this into perspective, according to Hinojosa-Ojeda's The Economic Benefits of Comprehensive Immigration Reform, "the budget of the U.S Border Patrol has increased by 714 percent, from $326 million to $2.7 billion in 2009." Moreover, "the cost ratio of Border Patrol apprehensions has increased by 1,041 percent, from $272 in 1992 to $3,102 in 2009." In addition, "the number of Border Patrol agents has grown by 390 percent, from 3,555 in 1992 to 17,415 in 2009" (Immigration Reform). The statistics are showing that as the U.S increases spending on immigration enforcement, the cost of capturing an illegal immigrant sky rockets while the number of agents America hires blows up the charts. As a result, the "budget for U.S. Customs and Border Protection has in total increased by 92 percent from $6.0 billion in 2003 to $11.3 billion in 2009" (Immigration Reform).