Financial Performance Analysis Essay

This project work has not formed the basis for the award of any degree/ diploma by Bangalore University or any other university. Name of the Guide: Mr. Jagdish Designation: Place: Bangalore Date: Guide’s Signature. This is to certify that this project work title â€Å"A study on the financial performance of the A&S Inc. † is based on an original project study conducted by Monisha Tirkey (07JJC08051) of BBM under the guidance of Mr. Jagadish K. K. This project work is based on original and has not formed the basis for the award of any degree / diploma by Bangalore University or any other university. Monisha Tirkey hereby declare that this project work titled â€Å"A study on the financial performance of the A&S Inc. † is based on the original project conducted by me under the guidance of Mr. Jagadish K. K. This has not been submitted earlier for the award of the award of any other degree / diploma from Bangalore University or any other university. Student Name: Monisha Tirkey Registration Number: 07JJC08051 Place: Bangalore Date: The successful completion of this project would not have been possible without the guidance, help and timely assistance from a number of people. I should at the very outset express my gratitude to the almighty God for his wonderful plan that brought me into this institution for my studies and for helping me throughout the project. I also thank HOD, Mr. Surendranath Reddy, who encouraged me to undertake this project. I express my sincere thanks to Mr. Jagdish, my guide, for the valuable help he extended in carrying out this project.

How Personal Can Ethics Get Essay

Abstract This paper is about the case study, â€Å"How Personal Can ethics Get†. This paper discusses the dilemmas that Valerie Young has to face at her Chicago based fragrance employer named Wisson. Secondly, I will discuss what I would do if I were in the same dilemma as Valerie. Next, it discusses how personal differences and preference can impact organizations ethics. Lastly, this paper discusses how organizational policies and procedures can impact organizational ethics. How Personal Can Ethics Get? This case focuses on the ethical dilemmas that Valerie Young has to deal with her employer Wisson. Valerie is an immigrant worker that is currently working in the United States on a work visa. Valerie has uncovered unethical practices by her manager Lionel Waters. Valerie has discovered that Lionel Waters was violating Wissons company policy that no employee should take personal payments, bribes or kickbacks to customers or suppliers or the receipt of kickbacks, bribes and personal kickbacks are prohibited. Valerie has discovered documentation showing that Waters is receiving personal kickbacks from two fragrance companies through his personal company. This concerns Valerie since her division only receives projects from these two fragrance companies now instead of the other fragrance companies they have worked for in the past. She did not understand this why they did not work with the other companies anymore. She claimed that the other companies had some great project but these companies did not receive consideration from Wisson. Waters demonstrates the self-serving principle of might-equals right, which states you do whatever you are powerful enough to impose on others without respect to socially acceptable behaviors(). Waters demonstrates this ethical principle by willingly funneling kickback money into his personal business account, which is a violation of company policy. Waters is powerful enough to receive kickbacks from the fragrance companies and keep it hidden since he is an executive at Wisson. Ethical Dilemmas that Valerie Faces Valerie was making copies at work when she found some documents on the printer that belonged to Waters. The documents were on letterheads from Waters personal consultation company. On these documents, Valerie found out that Waters has been collect kickbacks from two fragrance companies. Valerie was very stunned about her findings and she was not sure what to do. Valerie was recently accepted to a Master of Science program and did not want to jeopardize her education nor her job. She decided to keep this quit for the reason that she did not know who she could trust. Valerie is currently in the United States on a work visa. Due to this fact she must have a job in order to remain in the United States. She discusses her findings with her boyfriend who she feels is the only person she can trust. He suggests that she keeps her findings quite until she has completed school and has secured a job since she is on a work visa. Valerie uses an ethical intensity in making her decision. The ethical intensity she displays is the magnitude of consequences, which is defined as the harm or benefit accruing to individuals affected by a decision or behavior(). She displays magnitude of consequences since her decision will affect if she will be able to stay in the United States on her work visa or if she will be forced to leave if she brings forward her findings and loses her job at Wission. Valerie also displays the self-serving principle of hedonist, which you do whatever is in your own self interest(). She displays this principle because she knows that it would be unethical to keep her findings quite but she puts what would benefit her the most first. She decided to keep her findings quite at this time so she could finish her studies and run the risk of losing her job. What Valerie should do? If I were in the same dilemma as Valerie I would handle the situation in a different way. If I had found the personal documents that were violating company policy I would bring that information to the attention of my superiors. I would send this information anonymously. I would do it anonymously due to the fact that I do not want my identity revealed at this time. This would be important for the reason that if my identity were revealed I would run the risk of losing my job due to retaliation from Waters and associates that were inside this situation. I would not want to run this risk given that I am on a work visa and would be forced to leave the United States and jeopardize my education if I lose my job due to retaliation from any insiders. How Personal Differences and Preference Can  Impact Organizational Ethics Ethics is defined as the study of moral values, principles and rules, including the determination of standards of conduct and obligations for individuals and organizations(). This definition implies that one individual may make see one thing ethical while another may see it unethical. Individuals develop their own code of personal ethics based upon a wide variety of sources and belief systems. Virtually everybody acquires and develops their sense of right and wrong via their parents and parental influences(origin). Since there are many views of what is ethical and unethical, Lawerence Kohlberg developed the stages of moral development. This model demonstrates how an individual will make decision on ethical dilemmas within an organization. Kohlberg suggest that an individual progresses through these stages during their lifetime. This model is made up of six stages of moral development, which are divided into three levels of development. The first level of development is referred to as the â€Å"pre-conventional† level. At this level, an individual evaluates ethical issues based on idea of avoiding punishment and seek personal reward. The second level is termed â€Å"conventional† level. At this stage an individual evaluates ethical issues on the basis of the fairness to others and a desire to conform to societal rules and expectations. The highest level is referred to as the â€Å"principled level. At this level an individual is likely to apply principles, such as utilitarian, deontological, or justice, to ethical issues in attempt to resolve them(referece). According to Kohlberg, a person in the principled level is likely to look into themselves rather than be influenced by organizational expectations(reference). Business ethics is defined as principles and standards that guide behavior in the world of business(reference). The stages of moral development can be used to show how individuals at different levels will handle ethical situations within in organization. We can also use the stakeholder and shareholder to express personal differences. Individuals who use the shareholder perspective focuses on decisions that are in the owners’ best interest. Individuals who use the shareholder perspective feels that ethical business practices are ones that make the most money. Individuals who back the stakeholder perspective believe that companies should consider  the needs and interests of multiple stakeholder groups, not just those with direct financial stake in the organization’s profits and losses(business). In other words, organizations that use this perspective consider how decisions will affect individuals on the inside and outside of the organization. How Organizational Policies and Procedures can Impact Organizational Ethics Since individuals have different views and perceptions on ethical issues many organizations have created policies and procedures. These policies are usually termed as the organizations code of conduct. Codes of conduct are formal policies, procedures and enforcement mechanism that outline moral and ethical expectations of an organization(reference). These policies are important to an organization since they lay out the norms and belief of the organization. Policies and procedures allow organizations to handle ethical issues effectively as the rise within in the organization. Policies allow an organization to deal with an ethical matter in a uniform manner since the organization has outlined the norms and beliefs of the organization. Individuals within an organization may have a different set of norms and beliefs resulting in ethical issues being resolved in ways that the organization may deem unethical. Policies and procedures are vital to an organization culture. Conclusion In Conclusion, this case study presents a dilemma that individuals experience on a day-to-day basis’s. It is important for a person to deal with ethical issues in an ethical way. This case also shows how personal differences affect how ethical issues are dealt with. If Valerie was not an immigrant worker on a visa she may have approached this ethical issue in a different manner. It is also important for an organization to have policies and procedures in place to deal with ethical issues as they arise within an organization. Policies are also insure ethical dilemmas are resolved in a manner that the society deems ethical. This will insure that the organizational will thrive in the future.

NEWS CORPORATION CASE STUDY Essay Example | Topics and Well Written Essays - 2250 words

NEWS CORPORATION CASE STUDY - Essay Example NC has existence in six media domains that include Cable Network Programming; Filmed Entertainment; Television; Direct Broadcast Satellite Television; Publishing, and Other (Reuters, 2012). This essay is based on the case study analysis regarding the overall expansion strategies of NC. Based on the information in the case study, it explores corporate level strategies of NC and discusses attempt it undertakes to add value to its overall portfolio. For the purpose, strategy matrixes of Ansoff product and market development matrix and corporate parenting matrix have been applied; analysis and suggestion for improvement has also been provided. Analysis for the criticism on Ansoff product development has also been made part of the essay. News Corporation media conglomerate initiated its journey in 1923 with publishing of a local newspaper The News in Adelaide, Australia by Ruport Murdoch’s father. The corporation continued growth and by year 1980 News Corporation had success in cre ating country’s only national newspaper The Australian, also two national magazines and 20 Provincial newspapers. Major developments in the journey of NC have landmarks. NC in 1968 expanded beyond its homeland Australia and entered UK with purchase of News of the World and to US in 1973 with purchase of The Express Publishing Company. Since then, journey for constantly increasing global footing is on way. News Corporation attempted first diversification strategy with major shift to US and bought Film Company Twentieth century Fox in year 1984. In 1989 NC entered into satellite broadcasting business in UK. It further expanded to Asia In 1993 acquired STAR TV followed by developing foothold in internet media with acquisition of My Space.com in 2005. NC has been following the technological development at each stage successfully except few exceptions. Its overall strategy has been to size the unanticipated and unique opportunity with agility no matter how much risky the new ventu re get. It carried strategy of providing customised product. Throughout journey in case study, NC has been managed by Ruport Murdoch. Ruport Murdoch has been described as person with intention to rule the world and so is reflected in the risky moves taken by NC. RM also has been very dominant in guiding the deep down operations and in order to get the positive results he had was free to use his political terms to support his ventures. NC has been successfully leveraging its financial, personnel and knowledge resource to expand and control the business that has international presence in various media related domains. Though financial conditions have had some difficult times but NC has been able to strengthen it with its strategy. The Ansoff (1965) developed strategy matrix using two dimension of development; first product development and other being market development. This matrix gained much popularity in business literature. The matrix with former variable on horizontal axis and la tter one vertical axis provided four strategies which are: product development, market development, market penetration and diversification (Cravens and Piercy, 2008). Individually both variables have been given the credit to play crucial role in leading firm’s success; since pioneering study by Stopford and Wells (1972). Moreover, there have been large numbers of studies developing the success stories with strategies developed by combining the two variables in matrix (Constantinides, 2004; Watts, Cope, and Hulme, 1998; Delios and Beamish, 2002) (Constantinides, 2004) The Ansoff matrix being the combination of important variables of international literature has its own success levels; however, four strategies develo

Moving Beyond Customer Service Essay Example | Topics and Well Written Essays - 500 words

Moving Beyond Customer Service - Essay Example 2. The communication techniques used by the staff of the hotel, including those at the front desk and at Ballroom A, were very courteous. Unfortunately, the general manager of the hotel was arrogant and disrespectful to the hotel guests. A potential conflict may be avoided if the general manager did not express his emotions with regards to how frustrated he has become with regards to persons with disabilities. Escalation of conflict from potential to actual may be prevented by considering how the client must feel that he could not attend the wedding because his wheelchair could not pass through the function room. A pleasing tone in communicating to the guests may also prevent the escalation of the conflict. 3. One conflict involved the non-availability of a room for one hotel guest, despite her presentation of a confirmation number for a reservation that was made two weeks earlier. A solution to this problem would involve the immediate provision of a room for this particular guest and possibly an additional feature, such as a free dinner from the hotel’s dining room, free of charge. The other conflict involved the inability of a disabled guest to get into the function room of a wedding. A possible solution to this conflict would involve the movement of tables in the function room and be assisting the guest in getting into the wedding reception. 4. The staff members of the hotel did not take full responsibility for resolving the conflicts because they called on the general manager for solutions to these problems. Conflicts could have been prevented if the front desk clerk provided a room for to the first hotel guest. In the case of the wedding incident, the situation could have been improved if the hotel assistant took the responsibility of assisting the guest in getting through to the wedding reception without the help of the general manager.

Martha Stewart Fraud Case Essay Example | Topics and Well Written Essays - 750 words

Martha Stewart Fraud Case - Essay Example The lucrative career of Martha Stewart includes caterer, business owner, home living expert and stockbroker. Martha Stewart Living Omni media can be considered as her success story which has turned from a catering business to a popular and well-recognized brand. According to an author, â€Å"To the degree that her business partners were prepared to help advance the success of Martha Stewart, she was prepared to work with them. To the degree that they got in her way, she was willing to roll right over them† (Daniels Ethics1 2). Peter Bacanovic was the stockbroker of Martha Stewart. She along with her stockbroker has been indicted for â€Å"making false statements and conspiracy to obstruct justice† (Reynolds 1). The Insider trading scandal threatened the career of Martha Stewart’s career. The scandal took place due to the association with the ImClone System. It is a biopharmaceutical company. Martha Stewart owned the stock of this company. However, the FDA refused to review the cancer drug Erbitux of ImClone system. It tumbled the stocks of the company. However, same thing occurred with the insiders of ImClone. Martha Stewart was the potential stock owner. She was one of the closest friends of CEO of the ImClone. However, she gave instruction to his broker to transfer the money invested in stock to the bank account of his daughter. Peter Bacanovic was also the broker of the CEO of ImClone, Mr. Sam Waksal. However, his daughter also has requested the broker to sell her stock capital. The CEO of ImClone was arrested due to obstruction of justice, bank fraud and insider trading. He was sentenced to seven years of jail. However, he got released after the five years of jail term.  

Marketing Products Assignment Example | Topics and Well Written Essays - 1000 words - 1

Marketing Products - Assignment Example It would be ensured that the beverages would not be supplied to corporate customers in plastic bottles for environmental issues (MHHE, n.d). The ingredients of the products would be scrutinized by the marketing department and it would be ensured that the product content comply with the national health and safety guidelines. Beverages Description Cola It would be available in basic cola flavor with lesser caffeine and caramel content. It would also include additional content of vitamins, taurine, and niacin (Coca Cola, 2013a). Diet Coke This product will have lesser sugar and caramel content. The prime motive of marketing department would be to offer a sparkling drink with lesser amount of calories that will include additional mineral and vitamins (America’s Greatest Brands, 2013). Bottled Water The water will be purified in special filtration process and additional nutrients and vitamins would be included to deliver fresh taste (America’s Greatest Brands, 2013). Sparkli ng Drinks The sparkling drink would be highly concentrated with additional nutritional requirements to offer a distinctive flavor to the customers (Coca Cola, 2013). (2) Service Component of Fizzy Cola The service component will add value to the product and also enhance the brand personality and features to attract potential customers. Service is an intangible product and consists of additional features and benefits that are relevant to a specific target market (Rao, 2004).The main objective of the company would be to offer beverages in the initial stages and there would be no services offered by the company. However, the research and development team of Fizzy Cola would be the design making of machines and equipments which would have the potentiality of developing high quality beverages. One of the prime objectives would be to develop high quality filtration machinery which would purify the beverages and remove the pesticides. After the company has been able to establish itself in the market it would considers plans of providing services like downloading of free music, nutritional information etc. This would help the company to position itself strongly in the beverage market. (3) Product Mix of Fizzy Cola The product mix also popularly known as product assortment refers to the total number of product lines that a company can offer to its customers. Width: The width of the company pertains to the total number of products lines that a company offers (Suttle, 2013). For example Fizzy Cola would offer beverages in cola and varied other flavors. Hence, the product width of the company is two. Later, advanced technology may permit the company to diversify into other industries and develop further products (Suttle, 2013). Length: The product length pertains to the total number of products in a company’s product mix (Suttle, 2013). In the initial stages the company would be offering beverages in three varied flavors and juices in three basic flavors apple, man go and mixed fruit. The product length for Fizzy Cola would be six. Depth: In the initial stages the company would be offering beverages in three basic flavors and in can sizes of 8oz, 12 oz, 16 oz, and 20 oz. The product depth would be 12 in this case. Consistency: The consistency will pertain to how close the product lines

Managing gender equality in the workplace Assignment

Managing gender equality in the workplace - Assignment Example Organizations prefer to have individuals from diverse backgrounds as their team members because this choice can bring in more talent, innovative ideas, knowledge and learning opportunities. On the negative side, this measure can create a lot of anger, frustration, unhealthy competition, employees’ politics and complexes among the employees because of low tolerance and sexual superiority. In most organizations, we see that majority of the working force is of men and they are the ones serving at the superior positions. Women are not much appreciated in the business world because it is a common misconception in our society that women are just meant for taking care of the entire family, raising the children and doing the household work. In reality, the potential possessed by females is commendable. Some organizations encourage women to become a part of the business arena and they design special policies and rewards so that women feel secure and proud of their status. They treat wo men as equally to men and condemn gender discrimination in the workplace. Also those belonging to diverse backgrounds have to face real problems when mixing up with team who have entirely different cultural backgrounds. Due to such issues, the ultimate productivity of an organization suffers. Among many such organizations, Unilever is one organization which is a supporter of diversity and gender equality. In this paper, we will be focusing on the practices of Unilever that are aimed at managing equality and diversity within the organization, relate these practices with the theories based on equality and diversity and recommend possible diversity management strategies for Unilever. Theoretical Review Globalization has brought in challenges for almost all organizations. Of them, the biggest one is to survive and compete with other organizations in the industry. Multinational companies are realizing that inviting people from across the borders to become a part of them is an intelligent move which can certainly benefit the company. When a team is diverse, every member will be having his own ideas and opinions about things and when these ideas combine, the result is nothing but success. But this is possible only when diverse teams are managed in a way that their productivity is enhanced. Similarly, women in the business world are as capable as men. Today, companies are realizing that the talent and ability women possess cannot in any case be ignored and they deserve to be given opportunities. There are a number of key factors that an organization like our chosen one, Unilever is taking into account while designing and implementing its gender equality practices. At Unilever, they have a global diversity program, the purpose of which is to ensure that they have the right talent and creative people in the company. They also ensure that the workforce is gender balanced so that the maximum output can be achieved. Unilever is making it certain that the graduate recruits make fifty percent of the workforce. However, the annual reports reveal that although women are working in senior and middle level positions at the company but there is only one woman who is serving Unilever at the leadership level. We can relate this to the concept of glass ceiling effect.