When goals are supported by plans then it is possible to help the team to reach the target which is deliver quality standards to customers. We need to first break the goals into smaller achievable, measurable steps. We need the members to be clear about the actions they need to take in order to achieve the goals, the goals that involves customer service, objectives and standards has to be clear. Time frame, milestones and deadlines has to be identified. Specific roles will have to be given to individual team members and allocate resources that help goals to be achieved.
Advertising is budgeted at a flat percentage of 2% of gross profit or $28,412 for year 9 and this has remained consistent for each of the previous 3 years. For a company that is looking to increase sales by 3.2% as stated above, the company needs to take a greater focus on advertising to generated increased sales. Executive compensation is another area of concern. The company sustained executive compensation from years 7 and 8 at the level that is also budgeted for year 9 and that amount is $220,000. The company saw great growth and sales in years 7 to justify this amount in year 8 however the company needs accountability from its executive leaders to sustain
1. As a result of the changes the new president has implemented, it appears as though net income is now positive rather than negative which looks good from an investors standpoint. However, what’s really important for us to look at is the arrival of this endpoint rather than the endpoint itself. His decision to increase production from 17,000,000 units to 30,000,000 was quite a bold one considering sales and production were exactly even at the time of hire. What would happen if B.E.
RHC made an offer to Metapath for shares of redeemable preferred stock. Metapath received an offer to be acquired by CellTech for company $115 million in common stock. This offer provided Metapath operating benefits because CellTech already has a strong customer and marketing base, and CellTech’s engineers could be beneficial to Metapath’s development group. In addition, $115 million was attractive to a company with a run rate of $25.6 million and this promised liquidity to shareholders in the near future, a lot sooner than an IPO that was over a year away. Also, this deal would not dilute the ownership of existing shareholders.
The horizontal analysis shows that the strength of the company is in the current assets. The current assets have increased by 16.5% from 2007-08. That is still not as much as 2006-07 a 31.5% increase, but the number is still positive for the company. Current assets is the only horizontal analysis that was a significant positive. Total assets and stockholders’ equity are only down -0.2%.
The author will be using Super’s Model of Career Development which will help Alex to recognize the stages that he has gone through and those he will have to look forward to in his career. Those stages begin with growth and ends with disengagement (Giannantonio & Hurley-Hanson, 2006). This theoretical approach will help Alex to see how each stage is characterized by unique concerns, psychological needs, and developmental tasks (Giannantonio & Hurley-Hanson, 2006). Super’s developmental stages consist of: Growth, Exploration, Establishment, Maintenance, and Disengagement (Giannantonio & Hurley-Hanson, 2006). Moreover, an important issue to address in this model is the significance of image norms.
The company's growth led the board of directors to expand the group of companies it uses to gauge the adequacy of its executive compensation and said it increased Grant's annual salary 18 percent to $1.36 million for 2008.” Although Grant “earned” is compensation by leading the company to an increase in sales, I am not sure if his executive compensation was equal to the job he did. I think the restrictions on executive compensation by the Sarbanes Oxley act on executive compensation are fair, but if I am ever in a position of receiving executive compensation I may have a different
Our company reported a net loss of $30,000 due mainly to operating expenses and product costs that exceeded our projections. We are currently working on several initiatives that we believe will significantly reduce our costs relative to our sales. Despite negative net income which reflected a negative free cash flow, our company was able to generate $420,000 through investing activities from supporters such as you. This allowed us to make necessary purchases of essential equipment and fixtures that will be used to create a production line that will allow us the needed production capacity to support our anticipated increased sales. Corporate Actions We have successfully completed the initial set-up of our company and can now focus on achieving profitable operations and sustainable growth.
The fact that they are significantly under the industry average indicates that Elker is more effectively converting their inventory into profit. Additionally their asset turnover ratio has been steadily increasing for the past few years, save for a slight drop in 2008. If a company can generate more sales with fewer assets it has a higher turnover ratio which tells it is a good company because it is using its assets efficiently. So in quite an interesting financial scenario Elker can manage their inventory and receivables quite well, but suffer when it comes to turning a profit and handling their obligations and
Tuition Reimbursement XCOM/285 February 20, 2011 Glenda Powell Tuition Reimbursement After a successful and profitable year, Donnie Company [Donco] issued a task for the Human Resource Department [HR], specifically employee benefits section to analyze the cost and effect of increasing tuition benefits to all employees. Donco is trying to see whether the cost to the company for providing tuition assistance will prove a beneficial decision or a waste of company dollars. The most interesting questions to answer are whether furthering one’s education provides the company with a more valuable employee, in addition to increased loyalty and production. A company can always issue a raise as incentive, yet a raise alone may not actually increase