Saturday, February 15, 2020

Managing Financial Resources on Tesco and Sainsbury Essay

Managing Financial Resources on Tesco and Sainsbury - Essay Example Both the companies Tesco and Sainsbury are a retail giant multi-chain retail stores. Both the companies are companies have achieved profitability in the financial year 2013. Looking at the financial statement both the companies are in the relatively safe position in terms of profitability. On the overall Sainsbury has a better profitability margin than Tesco. With regards to the Liquidity ratio both the company are in a similar position. Both the companies should look at improving their financial performance to improve their return to the shareholders. Tesco PLC is a multinational grocery store located in Cheshunt, United Kingdom. It is presently the second largest retailer in the world in terms of revenues. It has its presence in 14 countries across Europe, Asia and North America. Tesco was originally a grocery retailer and has diversified geographically into many areas like books, clothing, retailing, furniture, electronics, petrol and software. It also has its presence in telecoms , financial services and internet services, music downloads and DVD rental. This report will take a look at the financial performances of the two companies; discuss possible users of such analysis and what they can do with this information. Discussion Profitability ratios Three profitability ratio for Sainsbury and Tesco are shown below Profitability Ratio for the year ended 2013 Sainsbury Tesco Gross profit margin 0.05 0.06 Net Profit margin 0.03 0.02 Return on Equity 0.11 0.08 Gross Profit margin is used to measure the financial health of a company. It reveals the amount of money which is left over after deducting the cost of goods sold from the revenues. It is the source of paying for additional expenses and future savings. It indicates the manufacturing efficiency of the production process for the company. A high gross profit margin signifies that a company can make profit while keeping the overhead cost in control. A low margin indicates that a company is not able to control it s production cost. Retail Industry average of Gross profit margin is around 10%. But for both the companies it is below the industry standard. For Sainsbury it is 5% and for Tesco it is 6%. For both the company the cost of sales is high as percentage of its sales. For Sainsbury the cost of goods sold comprises of 95% of the sales figure and for Tesco it is 94%. Both the company must try to reduce its operating cost to improve its efficiency. There are ways to improve the gross profit margin. The company should look to optimise its price structure and should not look at discounting their prices. The company should try to sell goods at higher margins. The company should try to improve the inventory systems like less theft, stock obsolescence. Net Profit Margin The Net profit margin is how much dollar is earned by the company ultimately for each dollar of sales achieved by them. Similar to gross profit margin, their ratio shows the efficiency of the company. This ratio shows the compan y’s pricing policies and how efficient the company is in running its operation. Retail Industry average of Net Profit margin is 10%. For both the companies the ratio is well below the industry average. For both the companies the Net profit margin is nearly the same. They must try to improve their ratio so that the efficiency increases. The companies should try to increase their volume of goods sold. They should aim to decrease their purchase cost, increase their conversion rate of raw materials, and sell goods at higher margins. Return on Equity Return on Equity is another measure of efficiency of the management in generating the returns for the capital invested by the shareholders. The higher is the ratio the better it is for the shareholders to invest their money into the company. In retail industries companies require huge capital to invest in their business. Hence the companies should generate high returns. The industry average of ROE is 15%. Both the companies are both b elow their standard figure. ROE of Sainsbury is higher than that of Tesco. This shows that

Sunday, February 2, 2020

Changing minds Essay Example | Topics and Well Written Essays - 1000 words

Changing minds - Essay Example something different and not fully associated with whatever it is that the person claims not to like, one would be able to get that person’s brain processes thinking. An â€Å"Integrated viable identity† is what gives people the sense that they can move on with their lives - it is a way of functioning as a member of society. In order to adhere to the â€Å"Integrated viable identity† of our readers, we must make our messages clear. We want our readers to understand what we are saying, how it applies to them, and how they can alter their integrated viable identity to having the identity as one of our readers. It is a matter of making the reader aware that their opinion and views matter. We are able to do this by addressing the topics of which our readers have the most interest in, because it appeals to their identities. The best way to change someone’s mind through our blog would be to provide the right collection of relevant data. â€Å"Representational Rediscrimination† comes down to presenting a new idea in a variety of ways which allow those who are affected to see the idea in their own way. For instance, presenting both Logical and Linguistic ideas on a large scale, so that both intelligences are addressed. As with the Freedman example in our text, we are addressing various groups, such as companies and corporations in order to make a large-scale change of minds. The problem with this is that ideas become more set and defined compared to when people were younger. Therefore it becomes more difficult to illicit a change in thought because of this present resistance. The discrimination that a reader of our blog may feel upon visiting comes from the issues that we represent. If we are presenting information that they strongly disagree with, then they will not return. The best way to fix this would be to present our information in different ways, so as not to trigger the discriminating response. The important part of the â€Å"Designated Driver† model

Saturday, January 25, 2020

Epicureans: A Debate Essays -- Philosophy, Rosenbaum, Luper

My topic focuses on Rosenbaum’s defense of the epicurean view, Luper’s critique of this view and my argument on who has a stronger position in regards to the topic. I am going to do this by describing both arguments in a detailed manner. Rosenbaum defends the epicurean view while Luper argues against, both sides provide excellent arguments and my argument is that which I feel is more superior. Rosenbaum defends the epicurean view throughout his essay. Epicurus â€Å"argued that since death is neither good or bad for the person dead and since the fear of that which is not bad for one is groundless, it is unreasonable to fear death† (Benatar, 175). A person when dead is lifeless and therefore cannot feel anything. This person is nonexistent and according to Rosenbaum because of this, the statement of whether death is good or bad does not apply to this situation. Since one cannot feel anything, one cannot experience a death situation and determine whether it is good or bad. Therefore it does not matter and there is no reason to fear death. According to Rosenbaum there are three different concepts, which must be understood. These are, dying, death and being dead. The first two are often not distinguished; Rosenbaum says they must be distinguished as they mean two completely different things. â€Å"Dying we may say is the process whereby one comes to dead or the process wherein certain causes operate to bring about one’s being dead† (Benatar, 176). This is essentially the last phase of one’s life. It is the prelude to death itself. It is the process, which leads to becoming dead. Rosenbaum goes on to explain, â€Å"the process of dying may be comfortable or uncomfortable† (Benatar, 176). The process leading to eventua... ...uper’s argument he is missing the point of Epicurus’s argument, which Rosenbaum has further explained. Of the two arguments Rosenbaum’s argument arguably has more points to back up the epicurean view than Luper’s. Luper’s is based on assumptions and we cannot live on assumptions. In my essay, I provided a detailed description of both Rosenbaum’s argument and Luper’s in an unbiased manner. I did this by highlighting the main points of both arguments and getting this main point across. Both sides of the arguments are presented and I contrast and compare deciding which one I feel is superior. In my argument, I present points, which I have, accurate counter points for, from each argument. In conclusion, Rosenbaum and Luper both present arguments both for and against the Epicurean view, this essay is mainly describing each one and choosing a side at the end.

Friday, January 17, 2020

Persuasion, Manipulation, and Ethics

There is a thin line that goes between persuasion, manipulation, and being downright unethical. There is a huge difference between what is persuasive and what is manipulative or unethical. However, there is a certain degree wherein these ideas come into a junction. Perhaps, the shared meaning between these words is influenced and is dependent on the objective and the intention of the speaker. To be clear on the similarities and or differences of these words, the definition of each must be placed into position. Persuasion is an act of influencing or pleading others to understand and recognize certain ideologies, beliefs, viewpoints, etc. Manipulation, on the other hand, is a form of social control wherein others are dealt with forcefully, capably, or cleverly, to bring about an end that is beneficial to the manipulator. (Merriam-Webster, 2008) Judging by the definition of the word ‘manipulation’ makes it unethical. If persuasion were a form of influence, then it would be accurate to establish the idea that in persuading an audience, there is a sense of sending out information and enlightening the audience to sway and encourage them to believe in or adhere to an idea. Manipulation on the other hand is a more dynamic  Ã‚  Ã‚   way of bringing about action and change to the audience. (Sager, 2008) If it is a cleverly way to win over an audience and controlling them to accomplish an objective, it would also be precise to establish the idea that in manipulation, there might be a tendency to go beyond what is ethical, such as covering-up the truth, to make people believe in or adhere to an idea. (Maxfield, 2007) Somehow, persuasion and manipulation are one in the same in the sense that both ideas are common in their objectives and purpose, and that is to cause change behaviorally or ideologically speaking to their audience. The difference between the two lies in their means of carrying out this objective. Persuasion is only a part of the bigger picture and that is manipulation. However, persuading an audience does not make it manipulation or an unethical act. References Maxfield, D. (2007). Influence vs. Persuasion and Manipulation. Retrieved: February 28, 2008, from InfluencerBook. Website: Merriam-Webster. (2008). Merriam-Webster Online. Retrieved: February 28, 2008, from Merriam-Webster Incorporated. Website: Sager, Lynn Marie. (2008). Persuasion Versus Manipulation – What’s the Difference?. Retrieved: February 28, 2008, from EzineArticles. Website:—Whats-the-Difference?&id=980122      

Wednesday, January 8, 2020

Great Depression Essay - 1662 Words

Canada is a nation constructed from small stones of determination, and piles of perseverance. Today, Canada stands tall as a beacon of democracy and a fortress of ideological freedom. From the small stones of determination, to the status it wears proudly today, much has changed. It is the history that has shaped Canada into the nation it is; from the victorious moments to the days of misery and hardship. A prominent decade of true misery and hardship recalled by Canadians is the Great Depression. The Great Depression of the 1930s was a time of severe poverty, unemployment and unjust treatment experienced like never before by Canada. The Great Depression was unforeseen, yet inevitable. The Great Depression led many families to undertake†¦show more content†¦The needy families suffered the most. The government offered relief, or welfare, for those who qualified. An odd form of welfare was an open jail for the homeless. Similar to the relief camps, the state of jail was horribl e. It was described as a very old, thick-walled stone building, with two stories. At the end of the corridor stood the toilet and one wash basin. No beds or bedding was provided and the floors were black and swarming with bed bugs. One recalls, â€Å"Men were all suffering from gastric trouble due to hunger and the hard boiled beans, weak kidneys from the freezing cold, and frozen feet. In consequence, there was a steady line-up all night through at the toilet- two to three hundred men to one toilet...† Another form of relief was a soup kitchen. Again, the conditions were terrible. People suffered from hours of waiting in harsh weather conditions to be served dry bread, boiled beans, and coffee or tea. In addition, eating the meal was often done in ankle deep sludge. This was not something to be thankful for, as the cost to feed a single person was four cents. It was clear the soup kitchens could put in more effort. The Prairies suffered the most, as their way of life had al ways been less secure. Moreover, the families required a car and gas in order to get relief, as they had to travel to the city. In addition, many Canadian and American farmers had their property taken away for failing to meetShow MoreRelated The Great Depression Essay1234 Words   |  5 PagesThe Causes of the Great Depression The cause of the Great Depression has been debated for many years. The actual cause of the Great Depression is a multitude of factors, there was no single cause. Several reasons for the Great Depression were supply and demand, the banking system, wages of workers, success and failure of business, government policy, excessive speculation in the stock market and the unequal distribution of wealth between the rich and the middle class. While there are manyRead MoreEssay on Great Depression1174 Words   |  5 PagesThe Great Depression During the 1920’s America was experiencing great economic growth. As WWI was ending Americans were out of energy. For almost 100 years they had been facing the problems of sectionalism, civil war, reconstruction, imperialism, and WWI. By the end they were ready to just sit back and party. Demand sky-rocketed and brought great economic growth. Americans failed to see the great problem looming overhead though. The Great Depression was caused by a combination of factors- a naturalRead MoreThe Great Depression Essay1057 Words   |  5 PagesMany adolescents, In the Great Depression, received the full affects and suffered. Some were left hungry, impoverished, and hopeless, how are adolescents today compared? The 30’s were a time of great distress for many Americans. Events such as the stock market crash, an economy suffering from being inflated, overuse of credit, a farming crisis, and other events led America to the economic downfall known as the Great Depression. 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Herbert Hoover Franklin Delano Roosevelt Causes of the Great Depression *Weak agricultural and industrial growth in the US was due to foreign competition with domestic businesses, and a solution that helped both domestic and foreign economies grow mutually was not necessary. *The lack of individual and voluntary response to the depression, especially responseRead MoreGreat Depression Essays1347 Words   |  6 PagesThe Great Depression is probably one of the most misunderstood events in American history. It is routinely cited, as proof that unregulated capitalism is not the best in the world, and that only a massive welfare state, huge amounts of economic regulation, and other interventions can save capitalism from itself. The Great Depression had important consequences and was a devastating event in America, however many good policies and programs became available as a result of the great depression, someRead MoreEssay on The Great Depression905 Words   |  4 PagesThe Great Depression Many times throughout history, the United States has undergone economic depression. The most recognized period of economic depression is called the Great Depression. The Great Depression is well known because of the seriousness of the stock market crash. The results of the crash were more serious than any other crash throughout American History. The Great Depression caused a change in the nature of the American family, an increase in poverty, and President

Tuesday, December 31, 2019

Target Market Profile of the Cocktail Mixer - 550 Words

Positioning Strategy Since this is a new product entering in the market, we will be depositioning competing cocktail mixers. The question that we will be answering is what the product differentiation is relative to the competition. The reason that our cocktail mixer will be differentiated from all others is that everything the person needs will be put together in one kit, including premeasured mix packets (better than refrigerated mixes because this can be taken on the go, like a juice box) and a battery operated operated shaker with a detailed instruction book and 1 gigabyte flash drive with hundreds of extra mix recipes. There will be 24/7 product support as well as online support with online chat. The product difference will be everything is available in a fool-proof kit. Basically, anyone can make Las Vegas style drinks like a professional bartender. To keep prices down, a call center will be located in Israel in the Jerusalem are where there a large population of Anglos who speak American English w ithout an accent. While not as cheap as Indian customer service support, but the costs are cheaper than the U.S. and there are no accent or cultural problems. Indeed, there are a number of the population who are from the British Isles. The British accent has been proven to calm American anxieties and feel as though they are being lectured to by a person who knows it all. A smattering of Irish and Scottish accents will make the drink calls interesting with a barShow MoreRelatedEnergy Drink Marketing Report3887 Words   |  16 PagesExecutive summary This report provides analyses of the fast growing energy drink market and the top two companies of this sector, they are: Red Bull GmbH and Hansen Natural. The two companies sell Red Bull and Monster Energy drinks respectively. We will explore both company’s background information and their strategic marketing of differentiating from traditional soft drink industry and within the energy drink market itself. We found that the macro and micro environment of the industry and companyRead MoreDesigning a Customer Driven Statergy23698 Words   |  95 PagesValue for Target Customers Previewing the Concepts So far, you’ve learned what marketing is and about the importance of understanding consumers and the marketplace environment. With that as background, you’re now ready to delve deeper into marketing strategy and tactics. This chapter looks further into key customer-driven marketing strategy decisions—how to divide up markets into meaningful customer groups (segmentation), choose which customer groups to serve (targeting), create market offeringsRead MoreQuestions On Confidential And Proprietary9361 Words   |  38 PagesThis document has been prepared by D’Arcy Polychrome Limited (DPL), in conjunction with its advisers. In this document DPL, its officers and advisers are called the Disclosing Parties. It contains: †¢ a â€Å"personal offer† (as defined in the Financial Market Conducts Act 2013 (FMCA)) to a group of persons which complies with the exclusion for â€Å"small offers† under clause 12 of schedule 1 of the FMCA; and †¢ an offer to selected â€Å"wholesale investors† (as defined in the FMCA) and â€Å"close business associates†Read MoreBrand Building Blocks96400 Words   |  386 Pagesdirectly affects the motivation to build brands. The second reason, the proliferation of competitors, reduces the positioning options available and makes implementation less effective. The third and fourth reasons, the fragmentation in media and markets and the involvement of multiple brands and products, describe the context of building brands today, a context that involves a growing level of complexity. The remaining reasons reflect internal pressures that inhibit brand building. The fifthRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pagescases, and illustrate that certain successful and unsuccessful practices are not unique. Information Boxes and Issue Boxes are included in each chapter to highlight relevant concepts and issues, or related information, and we are even testing Profile Boxes. Learning insights help students see how certain practices—both errors and successes—cross company lines and are prone to be either traps for the unwary or success modes. Discussion Questions and Hands-On Exercises encourage and stimulate

Monday, December 23, 2019

Transitional Leadership Styles Henry R Alston Sr - 1060 Words

Transitional Leadership Styles Henry R Alston Sr. Walden University INTRODUCTION The CEO of General Electric, Mr. Jeff Immelt is an exemplary leader who was able to successfully communicate a vision for his company, gained widespread adoption of the vision, and helped to translate the vision into the current organizational success. Mr. Immelt’s tenure in General Electric began when the company was facing financial challenges as a result of global recession. Since his employment in General Electric, he has inspired his employees with the goal of making the company a leading solution provider of electronic appliances. Mr. Immelt is a visionary leader who has inspired a culture of innovation, hard work and transformation among his followers over the years. Mr. Immelt communicated his vision through the use of the vision, We Bring good things to life. He has inspired this vision among his employees hence helping to bring the best out of them and also making the company one of the greatest. Definition of Leadership Leadership has been conceived of in a multitude of different ways varying from Great man theory (Borgatta, Bales and Couch, 1954; Cawthon, 1996), trait theories (), and style theories (). More recent conceptualizations of leadership include contingency theory (), and transformational leadership (). Each of these theoretical models has a contribution to make in forming a comprehensive understanding of the relationship between leadership andShow MoreRelatedOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 Pages numerous studies have shown the continuing relevance of white ethnicity in the United States, not only regarding public activities like voting but also in terms of intimate behavior such as mores and manners, childrearing practices, adolescent styles, and attitudes toward illness, psychiatric disorders, and authority, even in cases where the individuals examined were not particularly aware of their ethnicity.70 The recent waves of migration are still too new to say anything definite based on