How does the sales growth rates in recent years compare with the growth in inventory and accounts receivable? What might explain why these rates are similar or different? In the last financial year, preliminary reports indicate that the company managed to generate $42.6 Million compared to the previous year where it generated $35.1 Million reporting an increase of 21.3% in revenue. Inventory grew by 16.9% and account receivable grew by 40.1% from 2005 to 2006. Ceres is a service company and they carry fewer amounts of inventory compared to a typical manufacturing company.
Those aged 65 and older now exceed 35 million. 77 million baby boomers, born from 1946 through 1964, are surging toward retirement, with more than 3.5 million Boomers turning 55 each year. An outstanding 1 in 5 people are expected to be 65 years of age or older by 2035” (Pirkl, 2009). A factor that directly influences this increase in the elderly population is the increase in the longevity of the general population. According to the Center of Disease Control and Prevention, life expectancy has risen to 78 years of age, resulting from effective disease control and public health initiatives (Pirkl, 2009).
After traditionalists baby boomers are the next oldest age group in today’s work place. Baby boomers were born between 1946 and 964 and are predominantly in the 40’s and 50’s. Baby boomers are currently the most influential generation as many positions with power and authority are held by them. According to Aabout.com, 70 percent of law firm partners are Baby Boomers. According to Legal Careers, “Labor statistics indicate that nearly 80 million Baby Boomers will exit the workplace in the next decade.
Demographic trends in family life POPULATION OF THE UK * IN 1901 UK population was 38.2m by 2006 it had grown to 60.6 m * This population growth has been driven by natural change , every year since 1901 there's been more births than deaths. * From the 1980’s onwards net migration (which is immigration exceeding emigration) has been the main factor. * Between 2001 and 2004 net migration accounted for two thirds of the increase in UK population. Changes in birth rate * Only 716,000 children were born in 2004 , this is 34% fewer than in 1901 and 21% fewer than 1971. * The birth-rate is a history of fluctuations.
Developing countries also benefit as the population get access to employment and the development of new skills, leading to more money being spent helping the economy to improve infrastructure and services improving the quality of life in the country. TNCs that do well in the developing countries raise the status of the country encouraging investment from other well know transnational corporations and most importantly it will improve the country’s economy drastically as valuable export revenues will be earned. On the other hand, most developing countries do not benefit as much as developed countries do, for example, sometimes much of the employment is low paid, low skill and long hours meaning that the country does not develop economically or give the opportunity to develop their skills. Another drawback is that there has been large negative press about TNCs and the poor working conditions in which people operate in; this includes the lack of safety requirements and the long hours of working. Transnational corporations like high profit, and countries where there is less regulations, therefore they often go to countries where there is less ‘red tape’ with regard to safety leading to TNCs
In America the elderly are seen as a burden and mistreated. But in other countries the elderly are respected and seen as advisors for the younger generations. The fastest growing age group in the United States is the elderly. According to the United States Department of Health and Human Services, in 1980, there were 25.7 million older persons; by 1990 the amount of older Americans had reached 31.2 million. In 2000, 35 million of the United States population was over 65 years of age, and by 2030 the figure is expected to reach 71.5 million older Americans.
Paul Geary 10109099 Project A: Okun’s Law United States 4th March 2011 Above we see the Business Cycle for the United States displaying both the Unemployment rates and the Real Growth GDP in percentage change over the last 30 years. There are clear indicators that the US economy has had clear stages of economic over-cooling and over-heating during the last 30 years. Between 1981-1985 the US economy expanded greatly except for a 4% drop in 1983. This rapid expansion was clearly unsustainable, as we see with the gradual contraction in the size of the economy from 1986 to1992 where GDP was barely 1% and unemployment reached 7%. We see this again from 2004 all the way to 2010 with unemployment increasing to 10%.
. This is different to more economically developed countries (MEDCs) as they have low deaths rates and low birth rates. Low births rates are due to women rights and more career options which leads to later marriage so they have fewer children. LEDCs and MEDCs population change is similar as they both have a ageing population which is increasing this is due to improvement in health care, clean water supplies, improvement in housing and good sanitation. Also the ageing population is high because when they were born the country was in a stage with a high birth rate so there is a high greying population.
This is as the economy is larger in developed countries, their currency appreciates and is much higher compared to less developed countries, thus labor is cheaper to be paid in less developed countries. As many companies carry out manufacturing off-shores, companies that refuses to do so would be left behind as their manufacturing cost would be higher and thus less profit is made. This is as said by David Manners where stated that as manufacturing in China and India is cheaper compared to most countries, and as globalisation is part of the economy now, it is best to welcome and not go against it. Due to this in 2000-2004, UK gained a
I do not say here that it does not impact at all, but the impact is less. The company can sell its products with better margins if the economy is growing and can earn better profits. Unemployment has a concern on almost all the industries, including FMCG. Unemployment decreases the aggregate demand in the economy because of lesser income with the people. Unemployment also shows a slow growth in economy.