They expect that the extra tables will add between $2,000 and $5,000 to the restaurant’s monthly revenue. The bank is willing to let the business have an intermediate-term loan of $50,000 for five years, at an interest rate of 6.5 percent. Calculate the monthly payment, and explain whether taking this loan is a smart business decision.
I chose to research a business by the name of Extendicare. This facility is a profitable organization that is ran by many different locations but under the same corporation. As the Extendicare website stated “Success means achieving profitable growth over the long term to create value for our unit holders.” [http://www.extendicare.com/core_values.aspx] Extendicare is a nursing home and a rehabilitations center for both young and old people throughout the United States. Their mission is to keep the resident or client as happy, comfortable, and safe as possible. The corporate company is a team playing company, as far as working together as a team to make the business work.
The Internet allows Sony to effectively reach a vast quantity of their customers and provide them with content and support that they need. Sony is determined to lead the technology industry by continuously developing new and innovative products that give the company a competitive advantage. Sony has a convergence strategy that involves bringing together several different technologies and forms of media in a manner that links them together and integrates their applications for customer convenience. The concept involves bringing together computers, consumer electronic devices, and telecommunications which will create new possibilities and experiences for Sony’s customers (Sony Corporation, 2012). Sony is developing new hardware, software for both existing and future hardware platforms, media content, and services that customers will appreciate and enjoy.
Whereas Thomas Cook is a vertically integrated as well as a horizontally integrated company as they merged with my travel and co-op travel which joined together in an attempt to save in costs and make the companies more profitable as well as having tour operators, travel agents, airlines and hotels in which makes them vertically integrated. Thomas Cook focus on working with customers, employees, suppliers, local communities, industry, government and non-governmental organisations in order to deliver sustainable tourism. Thomas Cook actively support and engage in the work of the Federation of Tour Operators and the Travel Foundation, as well as aim to build a tourism industry which brings pleasure to those who travel with it. Simirarily to Virgin Atlantic, Thomas Cook is in the private sector aiming to make profit from all those who are involved in supplying it. Financially, Thomas Cook provides food, drink, ancillaries, accommodation and entertainment, meaning money is taken out of the UK and spent on goods and services provided by overseas
Supply chain management is an increasingly complex issue within companies, especially in today’s day and age. As companies increasingly need to compete on an international landscape UPS technologies are leveling the playing field. The FedEx. Corporation is constantly improving and implementing wireless technology around the world. These wireless technologies are strengthening the company’s value chain.
For this reason they are modernizing and automating their manufacturing facilities over 5 years at a cost between $45-$60 million. Gentech ordered a soldering line from Ace Electronics to automate a soldering process at a cost of $3 million. They need a robotic test cell as an essential component of this process. It’s the company’s first attempt at robot automation, and the cell was estimated to cost around $750K. The main competitors before the final bid stage were IAS, Robotic Automation, and UA Corporation.
Pro forma financial information is generally used to illustrate the effects of transactions such as business combination, and change in capitalization. There are countless reasons on why companies use pro forma statement in their business, the most significant is the planning and control received when using pro forma. The process of using pro forma statements are less time consuming, they help businesses evaluate and make a better distinction between business plans (Scarborough, Wilson, & Zimmerer, 2009, p. 196). Pro forma statements are an excellent outlet for resources that will help a business forecast expected earnings should the company chose to merge with another company or even if the company wanted to sell off part of it operations (Scarborough, Wilson, & Zimmerer, 2009, p. 196). The pro forma statements are commonly used when applying for a business loan.
I also think creating the MGI METRO Group Information Technology company was something done very well. This company was able to help with customization and planning which served well for the company. 2. Explain the costs and benefits of implementing RFID at the pallet level and at the case level. What savings might be realized from full-scale implementation of RFID (for both pallet-level and case –level implementations)?
(PESTLE Analysis, 2015) Following this concept, several factors will be discussed which may help SingTel to maintain and achieve its organization values. 2.1 Political The implementation of "the Liberalization and Privatization of Telecommunications in Singapore“, supported by Telecommunication Authority of Singapore (TAS), was introduced when the telecommunications community, inclusive of SingTel, were caught in a situation where technology was rapidly upgrading. Hence, this lead to an increased need for privatization and liberalization of contents in this industry. While creating many business opportunities for SingTel, it also imposed various difficulties
One of the problems faced during the Industrial Revolution was the governments ability to create laws fast enough to protect citizens. Many share this same concern with regard to the Internet. The Internet, often referred to as the NET, is a general purpose, international communication and information system. Once you have access to the Net, there are many things you can do. You can send and receive messages, access a great deal of information, and participate in ongoing discussions with people all over the world.