Case Analysis Study Example | Topics and Well Written Essays - 750 words

Analysis - Case Study Example The company, through its resilient and effective marketing tactics, has able to capture market share of around 11.0% by value and 11.2% by volume. Another source from where the company earns a great deal of its revenue is through selling food items. Marks and Spencer is the leading provider when it comes to selling fine quality food. The company sells everything from fresh meals to canned food items, highly acclaimed and praised range of wines to other groceries products. The company has improved its shelf availability and has adopted the strategy of renewing its food range. The proactive approach has resulted in an increase of 1.8% in sales revenue from food business. The financial year 2011 proved to be another progressive year for Marks and Spencer. During the current year, Marks and Spencer’s revenue increased by 2% during the current year to an impressive ?9.7 billion. Although, due to increase in expenditure owing expansion plans of the company, the operating profit decr ease by 2%. The company, following its growth strategy, aspires transform its operation into multi channel business. The company has taken major steps in investing its direct sales business which enhanced the revenue during the current financial year. ... Income statement Revenue – continuing operations UK 8,733 8,568 8,164 8,309 7,978 International 1,007 969 898 713 611 Operating profit – continuing operations UK 679 701 755 1,096 957 International 158 151 116 115 89 Total operating profit 837 852 871 1,211 1,046 Net interest payable (94) (160) (200) (141) (130) Pension finance income 38 11 35 59 21 Profit on ordinary activities before taxation – continuing operations 781 703 706 1,129 937 Analyzed between: Underlying profit before tax 714 695 604 1,007 965 Adjustments to operating profit 66 8 102 122 (29) Income tax expense (182) (180) (199) (308) (278) Profit after taxation 599 523 507 821 659 As quite evident from the above comparison, the financial outlook of the company has improved. The increase in group revenue primarily pertains to the increase in like-for-like sales as well as the addition of new stores and outlets, both in and outside of England. Since Marks and Spencer do a significant number of its sa les overseas, the company’s revenue is majorly increased due to the fluctuation in exchange rate. Although the recent credit crisis and global economic meltdown proved to be a hurdle, but the impact was offset by prudent risk management and apt allocation of capital investment. The gross profit to sales ratio for the year ended December 31, 2011 was 8.93% which has decreased by 0.67% during the current year. Despite the decrease in gross profit to sales ratio, the net profit of the company has increased by ?16.2 million. The increase in net profit is due to the fact that during the current year the company did not spend any exceptional cost which it incurred during the prior year on strategic restructure. In addition, the company took strong measures to control its

The Impact Of Economic Growth, Political And Economic Systems On The Essay

The Impact Of Economic Growth, Political And Economic Systems On The Internalization Of An Organization - Essay Example Collective growth is the major slogan put forward by globalization. The concept of business has been changed from the domestic spectrum to the international spectrum as a result of globalization. It should be noted that many of the prominent organizations in the world were struggling to develop properly because of the lack of opportunities for expansion in the domestic market. For example, before the introduction of globalization American coffee maker Starbucks was struggling to expand properly since they had coffee shops virtually in every corner of America. In other words, American market was highly saturated for Starbucks before the introduction of globalization. However, globalization helped Starbucks immensely in expanding their business beyond the boundaries of America. Internationalization of a business or an organization depends on many factors such as the political, economic and cultural factors in the target country. Suitable business climate is essential in the target coun try, for an organization to think about offshoring their business to that particular country. For example, no organization would think about establishing a business in Syria at present because of the huge political problems going on there. Same way, only few organizations may think about expanding their business to underdeveloped countries such as Ethiopia or Somalia. On the other hand majority of the organizations are looking for opportunities in Asian countries or BRICS (Brazil, Russia, India, China and South Africa) countries because of the huge economic developments in those countries. In short, political and economic climates in a particular country play an important role controlling its ability to attract foreign direct investments. This paper analyses the impact of economic growth, political and economic systems on the internalization of an organization. What impact does a country's political and economic system have on its economic development?   China is often cited as th e best example to prove how well one country can utilize the possibilities of globalization to stimulate economic growth. It should be noted that China was the number one critic of globalization initially. They believed that some hidden agenda is behind the introduction of globalization by capitalist countries. They argued that globalization is an attempt to loot the wealth of poor countries. Overholt, (2005) pointed out that China opposed the â€Å"global economic order, political order and the major global institutions such as the IMF and the World Bank before the reforms started in China† (p.3). According to Hersh & Schmidt (2000), China like socialist countries perceived globalization as the continuation of capitalism (p.3). However, they quickly realized the possibilities of global trade and globalization and started to make immense changes in its political and economic systems to attract foreign direct investments. It should not be forgotten that Deng Xiao Peng was the architect of modern China even though Mao Zedong is believed to be the father of modern China. Mao was adamant so that he never deviated from the policies of communism. He never allowed foreign organizations to invest in China and private capital in any form was unacceptable to him. On the other hand, Deng welcomed foreign capital and private capital with both hands. He has realized the fact that China cannot develop properly with the help of internal resources alone. Being the most heavily populated country in the world, internal resources of China were insufficient to meet the needs of the people. Chinese government was struggling to ensure proper living standards to its citizens

Ch. 5 Writing Today p. 63-83 + other excerpts from the Textbook Essay

Ch. 5 Writing Today p. 63-83 + other excerpts from the Textbook - Essay Example He completed his medical training in Canada back in 1970 despite the challenges he faced as a foreigner of Middle-Eastern decent. Bugnah cites language barrier as the main obstacle that impeded the training process. Born and raised in Saudi Arabia, he was fluent in Arabic, and could barely speak English. This remained the case even after he decided to enroll in medical school in a foreign country. He admits that this disadvantage prompted him to work harder than his counterparts who were born and bred in Canada. The fact that he was also sure about what sub-field he wanted to specialize in helped him focus all his energy in perfecting his craft. â€Å"I could already see the finish line from the race’s starting point,† he retorted when asked about whether he was sure whether this was the career, he had always wanted. Because his profession centers on bringing new life into this world, the curiosity to know whether Bugnah had a family of his own ran high. â€Å"I have been blessed with a beautiful wife, three daughters and three sons†, he stated with a smile on his face. His reminiscent look showed how deeply he cared about his family: and why not? He had every reason to be happy about being able to expand his career while simultaneously take charge as the family’s primary breadwinner, as is the custom in the Middle East (AbuKhalil). Determined to know more about what his plans for the future were, I asked him about his accolades he had received in the past. Bugnah remains a well-respected OBGYN, regarded by those within and without the profession. So far, he has received honorary awards from top-universities across the globe, and especially at his alma mater. He continuously engages in research projects, which has resulted in the publication of many of his works. Bugnah hopes to retire in five years time, which will give him more time to focus on the research aspect of OBGYN. It is evident that just like others in his profession, full-time research is the

REPORT ON LUTHERANS RELIGIOUS FIELD RESEARCH Essay

REPORT ON LUTHERANS RELIGIOUS FIELD RESEARCH - Essay Example There are many misunderstandings concerning religion in general. The beliefs and practices of Islam have been misconnected and people have posed various misunderstandings on what they believe in about Islam (Waines, 1995). There is much flawed information that floats around concerning the faith of Islam: I personally had a misconception that Muslims worship a black stone or moon god; that Islam looks down upon women; that Muslims are terrorists among other misconceptions. However, the paper seeks to analyze how my prior misconceptions have changed following the truth and alterations of the conceptions through encounter. The paper hence aims to bust the misunderstood myths and expose the truth about Islam. The first misconception is that Muslims worship a moon god; some of the non Muslims have mistakenly believed that Allah is a moon god or some idol. After a wide consultation and encounter, this has been altered. Allah is the name of One True God, in the language of Arabic. The Musli ms have a fundamental belief that there is only one God, the Sustainer, the Creator; known in Arabic as Allah. This hence means that Muslims do not worship a moon god, but God the Almighty. Another misconception is that Muslims do not believe in Jesus; the life and teachings of Christ Jesus is documented in the stories of Qur’an. ... out Islam is that majority of Muslims are Arabs; although Islam has been mainly associated with Arabs, they only make up 15% of the population of Muslims in the whole world. The country with the most number of Muslim populations is Indonesia. The large numbers of Muslims are found in Asia followed by Africa, then Europe (Hodgson, 1974). Before my encounter with the truth about Islam, I also had the misconception that Islam oppress women, however, most of the mistreatment that is received by women in the world of Muslim is based on traditions and culture, without any foundations in the faith of Islam. Practically, forces such as spousal abuse, forced marriage, and restricted movement contradict directly the laws of Islam that govern personal freedom and family behavior. The misconception that women have no rights in Muslim world is untrue. The images of women who wear a veil covering them, and that women are not allowed to drive, are common in Islam. This is not Muslim law even though many Muslim countries implement such harsh treatments against women. Many of such countries demonstrate differences in culture that are against Islam teachings. It should hence be noted that in the pre-Islam period, Arabia women were only used for fornication with no independence. In fact the birth of female beings was considered humiliating. The practice of infanticide of female was uncontrolled. It is a fact also that a Muslim woman is permitted to accept and reject any suitor as well as seek divorce. Hence, there is nothing in the Islam law that forbids women from driving and house. It is also considered a sin if a woman refuses to seek knowledge (Hitti, 1970). I also had a misconception that Muslims are extremists and violent terrorists. Terrorism is, at all, not justifies under any

Business Paper Essay Example | Topics and Well Written Essays - 250 words

Business Paper - Essay Example Through the stage of editing, it is crucial for one to realize the significance of making changes such that the substance of the business paper turns out to promote a better approach to closing a deal between the parties involved. Since business paper may assume a variety of forms as essay, proposal letter, research paper, position paper, and thesis or dissertation, a business writer ought to account for the primary objective that fully justifies the essential ideas to be brought across. Hence, even on conducting revisions, the writer should render adjustments based on the elements which chiefly deliver corporal thoughts, values, and style. On editing, consistency with formal tone must be maintained as well as the use of passive voice in keeping the formality intact throughout the paper. As much as possible, the corrections employed on the work should necessitate concise expressions in which case, modifiers in series are reduced to one or two words that are rather more technical in nature. Furthermore, the editing staff or individual sees to it that a firm resolve is established within the course of rewriting and that the output relies heavily on facts and figures. Similarly, the presentation of the paper’s substance must be supported by arguments that strictly adhere to objectivity as reflected in the quantity of evidence utilized and the accompanying vocabulary to state it. Fairness in critique or judgment and sound transactions among correspondences are sustained for whenever one optimizes making reference to factual input.

Commission as Naval Officer Personal Statement Example | Topics and Well Written Essays - 250 words

Commission as Naval Officer - Personal Statement Example This is based on my wide experience in the Aviation Maintenance community (Samuel 12). Through working as a Safe for Flight in Maintenance control and adequate skills I gained during my tenure as an administrator in Aviation Maintenance, I posses managerial experience, proficiency and strong leadership ability that characterize a successful Naval officer. Having worked as Administrative Leading Chief Petty Officer, my effective leadership style will not only be limited to serving my seniors with diligent but also I will portray professionalism in guiding junior sailors. After my remarkable duties as an Airman Recruit in the United States Navy, I am determined to work extra hard and end my 30 years career as a Naval officer. I am well equipped to undertake the tasks of LDO/CWO. Make me part of the Naval Community! You will experience my dedication and open mindedness. I am the â€Å"Technical Expert† who will not rest until I attain my goal of enhancing Navys

Individual Essay Example | Topics and Well Written Essays - 500 words

Individual - Essay Example There are several issues associated with the speech. Consequently, analysis of the agent, agency, and overall purpose of the act indicates strengths and weakness and strengths of speech and covers all the issues in speech presentation. The agent Hillary Clinton at the time of the presentation was the first lady, the wife of serving president of America. The analysis of her personality indicates that she was outspoken, and in the speech she presented her beliefs and issues that she wanted addressed (Keyton). By use of facial appearance and voice intonation, she was able to impact the audience positively. She focused on areas that needed change and that could be addressed to achieve women freedom by enlisting the challenges faced by women in different countries. However, in the speech she indicated only the challenges faced by women and not the achievement already obtained in the process. Through limiting coverage of the successes achieved, she created a fallacy that women are totally oppressed. This notion is not true because women hav e achieved success in some issues. For instance, the women liberation movement of 1900 was able to ensure that women obtain the right to vote and own property. Therefore, despite the existing oppression of women, the freedom to vote and own property was achieved. Then, the fallacy of generalization exhibited in the speech creates a wrong picture of the whole situation (Kampf 112). The presentation of the arguments followed a specified plot, which includes the creation of awareness by illustrating the current situation and developing the objectives and visions in the process. The counter arguments were not presented fully but highlighted as, by the way, issues rather than issues to be pondered. The development of then problem was concise by following an emotive plan which was effective because it captured the attention of the audience. The focus on the issues ensured that the audience was with the presented on