Information Systems Essay Example | Topics and Well Written Essays - 1000 words

Information Systems - Essay Example The payroll information system will have information on the name, monthly salaries and hourly rates of employees. Hourly rates will also be required to facilitate the payment of overtime wages. Additional information such as location, department, employee identification number, and the date of employment would also be added to the system. This system would be updated with information received from the human resources department relating to recruitment of staff at Recruit 4 U three locations as well as separation of staff due to retirement, resignation, redundancies and involuntary termination. The payroll system would be set up to calculate taxes for each employee and would be paid over to the government on their behalf. At the end of each pay period the necessary information would be collected from various locations and this along with the information from head office will be used to run the payroll. Pay slips will be generated for each employee, indicating their gross pay, deductio ns – statutory and otherwise, and their net pay at the end of each pay period. Cheques consisting of the net pay would either be drawn for each employee or sent to their respective bank accounts if feasible. Additionally, a cheque would be drawn for the government in relation to total tax deducted from the employees pay for the period. The relevant entry from this module of the accounting information system would be used to make an entry into the financial accounts of Recruit 4 U.

Phase 3 Discussion Board Assignment Example | Topics and Well Written Essays - 1000 words

Phase 3 Discussion Board - Assignment Example The stakeholder management process is required in order to enhance the stakeholder communication plans. Expectations are constructed and established in a stakeholder management process in order to manage the communication process between several stakeholders in an organization. The stakeholder management process helps an organization to make an administrative decision, project coverage and financial support that is an effective part of the communication process. It helps to avoid the negative impact on the communication process. Effective stakeholder management process supports to gather effective information about the stakeholders’ views that helps to execute the communication process transparently and smoothly. Overall, the stakeholder management process helps to develop a positive image of the specific upcoming future projects for public, neighbors and other stakeholders. Answer 2 The leading organizations around the globe are trying to capitalize on the opportunities that have been developed due to the advanced technology and globalization. Electronic communication has become the most important medium for every large and small organization. It helps to research every necessary thing. Moreover, they can buy information from online and can sell or share the information thorough online. E-mail is the major contributor to the organizations for sharing of ideas. Every decisions of an organization generally shared through e-mail. The leading and large global organizations generally use e-mail to keep track of products, availability of products, stock, profit and loss. Very few individuals within an organization are not familiar with this specific process. Now-a-days, major of the employees within an organization have access to company e-mail. This process helps to develop a healthy workplace environment (Hill, 2009). Moreover, this process helps to bring space in the project communication process. The organization even recruits and select new employees buy and sell small products and business through the help of internet. Now-a-days, several organizations around the globe are tending to implement internet meetings, such as meeting through Skype has helped both the employees and employers to save their effective time. This process has helped the organizations to improve project management and communication process. Answer 3 Strategic information associated with project communication processes are shared through documents. Effective project management process needs almost 50 various types of documents for tracking, planning, communicating and reporting. Resource spreadsheets, feasibility studies, supplier contracts, change request forms, financial and project communication plans, implementation reviews, project status reports and several collaborative communication degrees are required ingredients in a successful project communication process that can be shared through the documents. Several important notice and reports are also need t o be shared through documents. Documents play an important role in the project communication process. The major aim of sharing information through document is effective planning, execution and closure of a project management and communication process (Berman, 2007). Appropriate utilization of documents can increase the effectiveness and transparency of a specific project communication process. The stakeholder management process

Why Do People Record Their Private Lives and Make It Public Essay Example for Free

Why Do People Record Their Private Lives and Make It Public Essay Anything and everything that a person posts on the internet and in the media becomes public for anyone to see. Many people in our world today enjoy putting their private lives in public. What’s the point of having a â€Å"private† life if you want to make it public to the rest of the world? There are many social media and networking websites that encourage putting everything about one’s life in public. This can range from video recording our private lives and putting it on YouTube, to writing our biographies on Facebook, to blogging about our daily lives on blogging websites such as Tumblr, Xanga, or Blogspot. This subject can even extend to celebrities and why they put their private lives on television through reality TV shows such as Keeping Up with the Kardashians, The Real Housewives of Orange County, Laguna Beach, or The Real World. With the way that people are presenting their private lives in the media, it is obvious that people are doing this to show off their skills and talents, entertain people, make them more known and popular/become famous, or they want to influence others to do the same and follow their footsteps. As social beings we strive for recognition as well as acceptance from the society that surrounds us. Before the concept of social media via the internet, we aspired to be recognized or to be known by simple word of mouth. However, as the world around us changed, our methods of self expression became easier to spread which led to a wider audience for acknowledgement world-wide due to the accessibility of the computer. With the invention of the computer and the technological advancements of the internet, we see that anyone, anywhere can see what someone is doing, eating, or where we are the moment with which people. Youtube There are over 490 million users on the YouTube website today and there are thousands that still join daily according to the YouTube website. The point of YouTube is so that people can post videos of whatever they want online. Many users on YouTube like posting vlogs, which are video blogs about their days. People also post videos of themselves doing their special talents such as singing, dancing, telling jokes, giving advice, etc. I think many people join YouTube and do this to help them become more known and popular to eventually become famous. In an interview, YouTube user Tramy Nguyen, said â€Å"I joined YouTube and post videos up of significant events that I want to be able to look back on. I like to share my memorable events with people who were not able to attend to experience it with me. † Some people like Tramy post videos for the purpose of sharing memories, however, many other people also record and post videos to get attention. Justin Bieber is someone who got famous by posting videos of him singing at home and was founded through YouTube by the singer, song writer, and producer, Usher Raymond. There are also many people who are considered as â€Å"YouTube famous†. These people get money off of creating and posting videos on YouTube of them singing covers of songs, telling jokes, or even giving advice. The website Worldstarhiphop. com has videos posted of others fighting to get attention. Although the objective of this website was â€Å"a home for entertainment and hip-hop† it is now known as a website for others to watch fights and people getting beat up for entertainment. Above is a picture of the statistics of YouTube. Blogging Websites There are many people in the world that have online blogs from websites such as Xanga, Tumblr, and Blogspot. When it comes to online blogs, I think that people like to write about their days and treat their blogs like diaries. It is ironic that people like to keep online diaries about what goes on in their lives and what they are thinking because people like to keep journals and diaries private. It is understandable that with technology growing and expanding all around us, it is more convenient to type out our thoughts about our days and what goes on in our lives on a computer instead of writing it in a book. However, it does not make sense to be writing it online for everyone to see if you want it to be a like a private online diary. A user of Tumblr, Steven Casner, said â€Å"Blogging was like a way for me to escape reality and allow myself to fall into my own world. When I first created my online blog I wouldnt think anyone would read it. † Though people think that no one would read or find what they write on the internet, it is very easy to search these blogs up with the technology that we have today. Reality Television Reality Television is another way that people put their private lives in public. The show MTV Cribs has celebrities give tours of their homes and gives the celebrities a chance to show off their belongings and how wealthy they are. The hit show on the television network, E! , called Keeping up with the Kardashians is a show about the Kardashian family who are famous because one of the Kardashian sisters is a model. The show is basically just a camera that follows the family members around while they live their daily lives. If there was a camera following a person around all day and every day, how would that person get any privacy in their lives? The reason that this family lets cameras follow them around all day and show people how their lives are is just another way for them to boost their family’s name and get money. There are also shows like the Bachelor where people go on to find love. Can a person really find love with another person while knowing that there are other people watching their every move and know everything that goes on in their relationship? There are also shows like Maury and Jerry Springer where people go on the show to solve the drama that they may have in their lives. If you and a loved one have drama in your lives, you should probably go see a therapist about your problems instead of making it open to the public. Many times, making your problems public will make your problems worse than they already are. Facebook Facebook has become a huge phenomenon since it first started. Facebook is a social networking website where people can add their friends and family members and communicate and connect with them online by writing to them, sharing photos or videos with them, or just updating everyone they are friends with about what is going on in their lives. On Facebook, one can see a person’s biography, where a person is from, where they work or go to school, their birthdays, their emails, their phone numbers, their likes and dislikes, their backgrounds such as race, ethnicity, religion, etc. Once a person puts all of this information about themselves online, it will automatically be available to anyone on the internet, especially with the special technology that we have in our world today. I think that people in our world who have Facebooks have them because it is an easier way to contact and update their friends and family about what is going on in their lives. On Facebook, you can post status updates about how you are feeling, what you are thinking, etc for other to see. After interviewing Facebook user, Lea Abadies, she said, â€Å"I joined Facebook because I wanted a medium where I could keep in touch with my friends and see what they are up to and what is going on in their lives. I also want them to be kept up with what is going on in my life. I’m not going to lie, I also joined Facebook because it seemed like everyone has a Facebook so I gave in to the peer pressure of making an account. After interviewing Lea, I came to the conclusion that many people act upon the fact that â€Å"everyone else† is doing that act also and just give into the pressures of society. Live Streaming Websites Another way that people have a chance of putting their private lives in the public is through live streaming websites where you can stream yourself and let people watch you do whatever it is you want to do online. Websites like Tinychat. com and Blogtv. com allow users to stream themselves from their webcam and allow strangers from all around the world to watch their channel live. Many times, people use these websites so that they can just talk to random strangers because they might be bored or trying to kill some of their free time. By streaming their lives online, it may be very risky because any of the strangers who are watching you could be stalkers, pedophiles, or any other kinds of creeps in the world. By studying even just the environment that one is in while they are streaming, the so-called â€Å"creeps† could find out where you are from, what you like, or whatever else they want to know about that person which can really put the person streaming their personal lives online in danger. This also relates to people who post videos of their lives on YouTube because random people can access your video and study your environment and try hunting down the person who posted the video. This picture is a screenshot of the website Blogtv. com. You can see how many people are currently watching you, how many people are currently streaming, and how many people are currently online on the website. Twitter is another social networking website that many people like to share what they are currently up to or what they are thinking.  With twitter, you are able to have followers and follow others to see what they are currently doing. Many people update their twitters every hour just to let people know what is going on in their lives. Celebrities also use Twitter as another way to connect with their fans. I think people use twitter to update their friends about what is going on with their lives so that their friends would not have to go out of their way in asking and take the time to stay updated in a person’s life because they may have a lot of friends or followers. People do not think about the factors in putting such private information about their lives on the internet and how it may affect them in the future. The fact that everything on the internet is so public, it is very easy to search up anything with the high tech search engines that we have online such as Google, Bing, or Yahoo. Many times when people apply for jobs or internships, they do not realize that many job places like to do background checks online to see if they can find anything about the applicant that may enhance or lower their chances of getting that certain job. This also happens with schools or anything else in the professional field that people may want to do a special background check for. With technology growing, many people are using it to make their lives become more open to the public. Many people like to do this for the attention and also to share their hobbies or talents to others in the world. There are many different ways that people use to make their lives public whether it be through online blogging, online live streaming, social networking websites, and even reality television. Our world is turning into more of a liberal world instead of a conservative one when it comes to privacy.

Analysis Of The Financial Statements Of Coca Cola Finance Essay

Analysis Of The Financial Statements Of Coca Cola Finance Essay The firm and the outside providers of the capital that is the investors and the creditors will all take the financial statements into considerations .The Investor in the companys will be interested in the present and future expected earning of the company . As a result the investoes will be interested in the profitability of the company usually this will be their focus of their analysis. They are also concerned with the firm ability of the firm to pay dividends Internal management will also employ financial analysis for the following reasons: Better purpose of internal control Management need to undertake financial analysis in order to plan and control effectively The financial manager is particularly concerned with the return on investment provided by various assets of the company. Financial statements Financial analysis is the art of transforming data from financial statement into information that is useful for decision making. Balance sheet: A summary of a firm financial position on a given data that shows total assets =total liabilities + owners equity INCOME STATEMENT:- A summary of a firms revenues and expenses over a specified period ending net income or loss for a period. Cash flow statements:- Is a financial Statements that shows how changes in the balance sheet accounts and income affects cash and cash equivalents and break the analysis down to operating investing and finance activities. FINANCIAL ANALYSIS FINANCIAL STATEMENTS Balance sheet Cash Flow Statement INCOME STATEMENT COCA COLA BACKGROUND INFORMATION The coca cola company is the worlds largest produces of non alcoholic beverages concentrates and syrups.This company is based in atalnta, gerogia which makes concentrated form of beverages and sells them to the retailers. The company has its operation in more that 200 countries and sells nearly up to 100 different brands .Coca cola is now one of the worlds largest co-operation with a global workforcw of 90000. Over the years the brand equity of Coca cola trade mark,the produces brands ,has established the company a prominent figure in the non alcoholic industry and allowed comapnay to maintain high revenue and profits . The Coca-Cola Companys major offerings include such as coca -cola, sprite ,Fanta ,coke zero etc. EVALUATION Liquidity (Appendix A) Current Ratio: The current ration from the years 2007 to 2009(Appendix A) has been increasing but when compared to the standard ration 2:1 these ratios are much lower which shows short term liquidity effencicy and inefficient use of resources.Some corrective measures should be taken by the management to maintain the resources. Acid test ratio:This show the ability of the firm to pay its current obligation more quickly without considering the inventory and per-paid expenses . From the ratios (Appendix A) the firm has no trouble in meeting its current obligation ;there is an incline in the ratio and the company has the ability to meet the current obligation. working capital: The working capital of the company (Appendix A) when seen from 2007 to 2008 the net working capital was negative and the situation was alarming.The ablity of the firm to meet its current expenses for day to day operation shows a constraint. But in 009 the working capital shows a positive impact. Receivables Turnover:In Coca cola the number of times receivables are converted into cash has showed continuous varation from 2007 to 2009. In 2007 the accounts receivables turnover showed incline but again in 2008 due to the financial crisis it has showed a decline. So improvement has been made in 2009 in collection of accounts receivables. So overall situation is quite satisfactory. AVERAGE COLLECTION PERIOD: In coca cola the number of days requires to collect receivables have increased over the time; it shows the ineffective management of the credit department. So this ratio shows the negetive trend as efficiency has not improved Days sales in inventory: In coca cola the number of days requires to collect receivables have increased over the time; it shows the ineffective management of the credit department. So this ratio shows the negetive trend as efficiency has not improved. Inventory turnover: In coca cola cash were increased in 2007 and 2009. This was indication of negative trend. However improvement has been made in 2008. Leverage (Appendix A) Leverage ratios measure the degree of protection of suppliers of long term funds. The level of leverage depends on a lot of factors such as availability of collateral, strength of operating cash flow and tax treatments. Thus, investors should be careful about comparing financial leverage between companies from different industries. In Coco cola The amount of funds provided by creditors in relation to total assets has been the same from 2007 to 2009. Debt- to total -asset ratio it is obvious that amount of funds provided by creditors to purchase total assets are continuously remaining the same. As in last 3 years the more than 25% of the total assts are being financed by creditors, so the current situation is quite alarming. Operating cash flow that show a great percentage increase which the suppliers and the investors should see . Profitability(Appendix A) It is this ratio analysis which would give an insight into the prfotability of the firm , as it would help the investors analysi the combined effect of the liquidity of the firm , its dividend yield Earning pershare , revenue growth and the are all important for the survival of the firm. This would tell how the company has been utilizing its resources in generating profits and shareholders value. GROSS PROFIT MARGIN: In coca cola the gross profit margin of the organization has showed a continuous increased from 2007 to 2009. But the above time serious analysis clearly implicit, that the ability of the organization to generate profit is improving. The management has taken reasonable as well as tremendous efforts to improve profitability. Net Profit Margin: In coca cola although there was slight decline in 2007 from 2008 due to the financial crisis net profit margin , but in 2009 serious analysis clearly implicit, that the ability of the organization to generate profit is improving. This showed that the management is managing it selling and admin expenses efficiently and effectively with increasing sales profit to add more to net profits. Profit generation capability is showing positive trend over the years. Operating Income margin: In coca cola operating profit was increased in 2009 from 2008 . It was decreased in 2008 as compared to previous year. However in 2009 a considerable increased has occurred. Operating profit has increased considerably. So the overall situation is quite satisfactory. Return on Equity: The Return on Equity was maximum in 2008 but decreased in 2009 and went down more in 2007 . This again may have happened due to the issue of more long-term debt recession. Return on investment: The overall trend is positive over the timeperiod. The return on investment has increased considerably from 2007 to 2009, which indicates that funds are being utilized effectively to generate revenue. INVESTOR ANALYSIS(Appendix A) DEGREE OF FINANCIAL LEVERAGE: The degree of financial leverage is fluctuating over the time period. It was improved in year 2009 and 2007 but, in 2008 once again it indicate a negative trend. The loan is not being utilized efficiently to made more earnings available toshareholders. So the above trend needs corrective action. Earning Per Share: Earning per share has been increased continuously. It is obvious, that earning capacity of the organization is improving continuously with the time. Earning made on each share of the stockholders equity is increasing. This showed that the shareholders fund is being used efficiently and effectively to maximize the shareholders wealth. Price / Earning Ratio: Price/earning ratio has been decreasing continuously over the three years. It has decreased considerably in 2008. It reflects a very bad indication on the price of the share. It is quite alarming for the marker price of the stock. Corrective action should be taken immediately. Dividend Yield: Dividend yield which shows dividend per share in relation to market price per share. It was decreasing from 2008 to 2009. Dividend yield showed improvement in 2008 as compared to previous 3 years. So the above analysis shows that some improvement has been made. Book Value per Share: It relates the stockholders equity to the number of shares outstanding, giving the shares a raw value. Comparing the market value to the book value can indicate whether or not the stock in overvalued or undervalued. CRITICAL ANALYSIS: (Appendix A) The fizz is back in Coca-Colas stock. As we can see in the envaluation the company is generating a huge amount of cash flow of 44.70 billion and about $2.93 per share.It has made a net prfit margin of 20.55% in 2009 and a return on equity of about 26.92% . Any one would tell that this is a fabulous company. The company last year saw profit and sales rise following a strong performance in the developing markets. Coca-Cola remains financially awesome and its drinks will be sold even if the economy cools off. The company has moved into the an emerging consumer market such as China , as now China is taking is firt sip of Coca cola.If the history is any guide, the people of that country will get hookied to Coca cola nad will become their loyal customers. Coca cola has a strong Earning per share and this would continue growing for the next 2 to 5 years. The stock would hit $62 within this year. Coca-Cola shares were trading at a price-earnings ratio of 19.45 Coca-Colas stock has gained about 20% more than the Standard Poors 500 Index ($INX) over the past five years Earnings growth in the past year has moved up moderately compared to earnings growth in the past years. Positive. Coca-Colas stock actually looks like a good investment now that it is starting to benefit from a renewed focus on aggressively retooling its product mix. The coca cola stock where fluctuating from $45-69, the price of Coca cola stock now is $53.61which is actually down. The company is now willing to take risks on new brands to capture the strength of hip soft-drink trends such as energy drinks and flavored waters. From now on I can see that Coca-Cola is gaining market share through out the globe. Its safe for investors to assume that the growth in the most recent years is not a fake, but the beginning of a trend the shares will grow steadily higher. As of now I guess that the company has a drop in business in Europe and latin America Developing markets such as China, Africa and India posted double-digit growth in unit volume led in part by carbonated beverages such as Coke and Sprite. The analysi of coca cola would not be complete without taking intpo the consideration the brand recogination because it is one of the billion companies in the world that people recognize. Its hard to tell the worth of coke brand but you can be sure that its an essential ingredient contributing to the companys ongoing success SELECTED COMPITETOR PepsiCo Pepsico is the compitetos for coca cola in the non alcoholic beverge industry. It has 31% of the total maket shar as when comapered to coke which has 42.8%. U.S. non-alcoholic beverage market share, by volume PEP has many brands some very well known Mountain Dew Aquafina Tropicana and Lipton Both the companies are working hard to grab a larger share in the market and for the title of the best soda producer in the world ,both the companies have a similar taste in the investment portfolio.both the companies share equal powerful brand names and global franchises , but when it comes to profit, revenue EPS dididend yield and othe terms realeted to investment in their stock both different in different ways. But during the period of recession both the companies had problems making the stock prices and the revenue incomes , the management of pepsico was far better as we get to see in the critical analysi of the assignment , Pepsico has a larger revenue , due to diversifation of its product lines. Liquidity In the receivables area ,PepsiCo is ahead of coca cola. Coca-cola is better off with the days sales in receivables, but substantially behind either per year and account receivable turnover, days. In the inventory area, Coco cola appears to be ahead of PepsiCo. They do have some what different Inventory methods, which could account for the difference. Coca-Cola has a slightly higher operating cycle ,Which favors PepsiCo Working capital cannot be compared .PepsiCo is materially better that Coca cola PepsiCo current ratio is materially higher than Coca colas. This is necessarily bood because the Coca-cola current ratio is very good and PepsiCo possibly has to many inventory. Coca cola and PepsiCo acid test ratio are both quite the same, which is good. Coca-Cola cash on hand is much better than PepsiCo. Leverages: PepsiCo did better in debt ratio ,debt/equity ratio, and tangible net worth ,Cocacola has good ration in these areas. Coca cola has a materially better operating cash flow/total debt .PepsiCo debt indicator appears to be materially better than Coca cola. The Coca-Cola indicators are good. Profitability Coca-Cola has a number of profitability indicators that are materially better than PepsiCo. Included here are net profit margin, return on investment, return on equity. PepsiCo has a number of profitability indicators that are better than coca cola.In general, PepsiCo s profitability appears to be materially better than coca cola. Investors Analysis Neither company has a high degree of financial leverage ,but Coca-Cola is lower. price/earning ratio is slightly higher for coca cola . Take a note liquidity is better for PepsiCo ,long tern debt paying ability was materially better for PepsiCo and the profitability was materially better for PepsiCo . The Investors Analysis appears to be better for PepsiCo that that of Coca-Cola .Considering the liquidity , long-term debt paying ability and the profitability we would expect PepsiCo price/earning ratio to be higher than Coca-Cola . Getting technical (Appendix B) The stock to see them how they have been performed I took a look at the chart of 4 years price of the stock , in the chart for the coca cola share we see that Coke has done remarkably very well in 2007 but in December 2008 we see that the stock proce has come dwn . even because of this , the stock boasts a total return, including dividends, of about 23% for the past year. But PepsiCo has held its ground better In terms of fundamentals, Pepsi seems to have the slight advantage. While Coca-Cola does have the higher figures, Pepsi has the better margins in terms of operating margins, revenue, and profit which is more important for growing companies. During the 2009 pepsi had a better EPS in their statements. The past year Coca-Cola has only remain in a five dollar range, showing little fluctuation patterns for speculators or investors. While this seems to be bad in coca cola ,the value seems to have increased to its maximum, but we can also see a drop in the prices of shre of Coca cola when compared to 2007 and 2009.While pepsico has seen continued growth throughout its tenure in a nice steady growth pattern. The company is in its prime of its careerand this should be able to carry the stock to high numbers for at least a decade.By investing now in pepsi, the investos have an opportunity to see pepsi rise to near 80-100 points by 2010.and possibility of more by 2015. Such as a process is also favorable with its dividend payoff which allows for reinvestments to increase gains. Likewise, I give PepsiCo an edge on the product side. Both companies have done very well navigating a beverage market that is always evolving. PepsiCo owns the Gatorade brand, which is popular with the athletic set; Coca-Cola purchased the trendy Vitamin Water line in 2007. Depending on the market situation in tha klast two years coke stock trades at 10.8 times the analyst earning while pepsico 11.3 times , which indicates that pepsico is doing better. My expectation is that coke profits would grow to 9 percent over the next five years ,but pepsico would grow at 11 percent ,which is behind the forcast. To me, thats an edge for PepsiCo, because the company has more room for overseas growth. This sort of competition keeps both companies innovative, aggressive and eager to please consumers and shareholders. Pepsi has the edge over Coke in price performance, with a total return, including dividends, Looking at longer-term patterns, PepsiCo has a decided edge. Over 10 years, PepsiCo has an even bigger advantage. EVALUATION OF FINANCIAL MARKETS 2008 financial crisis: Coca-Cola Coca cola is selling its products all over the world and it would be a safe investment for the people if they are buying the shares people as I realize that due to the economice crisis investors think twice before they actually buy the stock , the prices of the shaers are increasing and this indicates that the growth will be more as the days pass by. 2009 results. Despite the economic downturn, the company increased its sales by 2 percent in the United States and by 3 percent worldwide. In India, Coca-Colas business grew by 31 percent between January and March 2009. In 2008, sales revenue increased by 7 percent in Brazil In the 2008 due to this crisi profit fell 3 percent to $5.81 billion, or $2.49 per share, from $5.98 billion, or $2.57 per share, in 2007. Commodity Cost Fluctuations Affect Margins:. The varaiation in the prices of the raw materials would directly and indirectly affect the production coas which in turn would affect the profitability of Coca cola. Here Coca cola itself would be directly purchasing the raw materials which are used to make the concertes nad syrups.varation in the prices of these would affect the cost of production of as wellas the profit margins Here also the change in the production cost os the bottlers can also impact the coca cola profitability in and indirect way though. If the raw material becomes more that is necessary for bottling then ,the bottlers would be forced to increase the prices to compensate. Such a nature would hurt the profitabitity of the company , in such an competitive nature of the non alcoholic beverage company.and would be possible incentive for the consumers to switch over to other companies beverages. The prices of these commodities rose in 2007 and dramatically pressured margins. significant rise in Commodities represents a constant threat to profits. Dollar Affects International Performance : The another factor for the decrease in the profit and revenue was the affect in the dollar performance. Although the company was based in north America more that 76% of its revenues was derived from outside north America.Because of this the company is very sensitive to the strength in Dollar price.As the prices of the other currencies weaken relative to dollar , goods that are sold outside the US are worth back in the US, lowering earmning. Thus, if the dollar strengthens (as it did in the second half of 2008 and 2009), it has a negative effect on Coca cola earnings. Coca-Cola expect currency fluctuations to adversely operating income by 10-12% . The Global Economic Recession Threatens Overall Demand http://cdn.wikinvest.com/i/px.gif: In the 2008 -2009 the global economic recession , the credit crunch had a major impact on the sales and revenues of the COCA COLA company as because the consumers where not able to afford the price of coca cola during that period , the company had also increased the prices of their product because of the increase in the price of their commodity. Conclusion and recommendations

Slim and George in John Steinbecks Of Mice and Men :: Steinbeck Of Mice and Men Essays

In the novel Of Mice and Men, by John Steinbek, there are several characters that make the book as interesting as it is.   For example, Slim and George are two characters who are alike in some ways, yet are different in many others.   They both want to be leaders, but only one of them can.   George and Slim have many characteristics, but there are reasons why Slim is considered a leader by his co-workers and George is not.    George is an ordinary man, unlike Lennie who is mentally retarded.   He promotes moral responsibility unlike Lennie or Curley’s wife. His need for companionship exceeds the generally accepted traditional remedies for loneliness.   He has some major physical characteristics that are noted by many people, which are restless eyes, strong small hands, thin arms, and a bony nose.    Slim is the moral judge of the bunkhouse.   He is a skilled workman.   With being the skilled workman that he is, he can gain acceptance by not claiming anything, but by just being himself.   That causes him to be a figure of integrity for many people.   Furthermore, Slim can be very concerned and helpful.   For example, Slim immediately thinks of getting a doctor for Curley, when Lennie crushes his hand.    There are many reasons why George is not a leader.   For example, he is always thinking about the future.   For example, he constantly asks himself questions such as, where will they work next?   Will he ever get his dream?   How can he protect Lennie from doing bad things?   Another reason for George not being a leader is because he works fairly well, but he does not stand out. That does not provide himself with any pride or satisfaction, therefore he has to look somewhere else for those qualities.      There are many reasons why Slim is a leader.   For example, Slim is the only had who appears to have a self-confident direction.   Another reason is because he has a reputation for craftsmanship.   That provides him with a source of pride and satisfaction.   When Slim receives the pride and satisfaction, he does not throw superiority in his partner’s faces.   That is why Slim is respected and viewed as a leader by his partners. Slim and George in John Steinbeck's Of Mice and Men :: Steinbeck Of Mice and Men Essays In the novel Of Mice and Men, by John Steinbek, there are several characters that make the book as interesting as it is.   For example, Slim and George are two characters who are alike in some ways, yet are different in many others.   They both want to be leaders, but only one of them can.   George and Slim have many characteristics, but there are reasons why Slim is considered a leader by his co-workers and George is not.    George is an ordinary man, unlike Lennie who is mentally retarded.   He promotes moral responsibility unlike Lennie or Curley’s wife. His need for companionship exceeds the generally accepted traditional remedies for loneliness.   He has some major physical characteristics that are noted by many people, which are restless eyes, strong small hands, thin arms, and a bony nose.    Slim is the moral judge of the bunkhouse.   He is a skilled workman.   With being the skilled workman that he is, he can gain acceptance by not claiming anything, but by just being himself.   That causes him to be a figure of integrity for many people.   Furthermore, Slim can be very concerned and helpful.   For example, Slim immediately thinks of getting a doctor for Curley, when Lennie crushes his hand.    There are many reasons why George is not a leader.   For example, he is always thinking about the future.   For example, he constantly asks himself questions such as, where will they work next?   Will he ever get his dream?   How can he protect Lennie from doing bad things?   Another reason for George not being a leader is because he works fairly well, but he does not stand out. That does not provide himself with any pride or satisfaction, therefore he has to look somewhere else for those qualities.      There are many reasons why Slim is a leader.   For example, Slim is the only had who appears to have a self-confident direction.   Another reason is because he has a reputation for craftsmanship.   That provides him with a source of pride and satisfaction.   When Slim receives the pride and satisfaction, he does not throw superiority in his partner’s faces.   That is why Slim is respected and viewed as a leader by his partners.

Resource Dependence Theory

Resource dependence theory  (RDT) is the study of how the external resources of organizations affect the behavior of the organization. The procurement of external resources is an important tenet of both the strategic and tactical management of any company. Nevertheless, a theory of the consequences of this importance was not formalized until the 1970s, with the publication of  The External Control of Organizations: A Resource Dependence Perspective (Pfeffer and Salancik 1978).Resource dependence theory has implications regarding the optimal divisional structure of organizations, recruitment of board members and employees, production strategies, contract structure, external organizational links, and many other aspects of organizational strategy. The basic argument of resource dependence theory can be summarized as follows: * Organizations depend on resources. * These resources ultimately originate from an organization's environment. * The environment, to a considerable extent, con tains other organizations. * The resources one organization needs are thus often in the hand of other organizations. Resources are a basis of power. * Legally independent organizations can therefore depend on each other. * Power and resource dependence are directly linked: Organization A's power over organization B is equal to organization B's dependence on organization A's resources. * Power is thus  relational, situational and potentially mutual. Organizations depend on multidimensional resources: labor, capital, raw material, etc. Organizations may not be able to come out with countervailing initiatives for all these multiple resources. Hence  organization should move through the principle of criticality and principle of scarcity.Critical resources are those the organization must have to function. For example, a burger outlet can't function without bread. An organization may adopt various countervailing strategies—it may associate with more suppliers, or integrate vert ically or horizontally. Resource dependence concerns more than the external organizations that provide, distribute,  finance, and compete with a firm. Although executive decisions have more individual weight than non-executive decisions, in aggregate the latter have greater organizational impact. Managers throughout the organization understand their success is tied to ustomer demand. Managers' careers thrive when customer demand expands. Thus customers are the ultimate resource on which companies depend. Although this seems obvious in terms of revenue, it is actually organizational incentives that make management see customers as a resource. Resource dependence theory is one of many theories of  organizational studies  that characterize organizational behavior. In many ways, resource dependence theory predictions are similar to those of  transaction cost economics, but it also shares some aspects with  institutional theory.

Conflict in the Hunger Games Essay

An important conflict in the novel ‘The Hunger Games’, by Suzanne Collins, is the conflict between the districts and the Capitol. This conflict is important to the text as a whole because the result of this conflict was the Hunger Games. The Hunger Games are a punishment for a previous uprising, where two tributes from each district are chosen to fight to death in an arena. The main protagonist, Katniss Everdeen, becomes an important figurehead of the districts’ growing resentment of the Capitol when she takes the place of her younger sister Prim as a tribute in the Hunger Games. This essay will explore the reason behind the conflict, Katniss’ involvement in the conflict and the conflict’s importance to the novel as a whole. The conflict between the districts and the Capitol exists because of the inequality between the rich Capitol and the poor districts. Katniss describes District 12 as a place â€Å"where you can starve to death in safety.† In contrast Katniss describes the Capitol with â€Å"the magnificence of it’s glistening buildings† and â€Å"where food appears at the press of a button.† It is this inequality that caused conflict between the Capitol and the districts, leading to a previous uprising which saw the complete destruction of District 13 and the birth of the Hunger Games. As Katniss explains, the Hunger games were â€Å"the Capitol’s way of reminding us how totally we are at their mercy.† When Katniss volunteers as tribute in place of her sister, she becomes a key component in the ongoing conflict between the districts and the Capitol. When Katniss volunteers as tribute for District 12, the district responds with a subtle form of rebellion which shows the conflict that exists between the districts and the Capitol. â€Å"To the everlasting credit of the people of  district 12, not one person claps. I stand there unmoving while they take part in the boldest form of dissent they can manage. Silence. Which says we do not agree. We do not condone. All of this is wrong.† During the competition Katniss continues with these subtle forms of rebellion through wearing the Mockingjay pin, holding hands with Peeta at the opening ceremony, showing respect for her fallen comrade from district 11, Rue and finally with her and Peeta’s final stand.To deny the Capitol a victor for the Hunger Games, Katniss and Peeta threaten to kill themselves by eating the deadly nightlock berries. The Capitol are forced to declare two victors which causes even greater conflict between Katniss and the Capitol. As Haymitch explains, à ¢â‚¬Å"The one thing the Capitol can’t stand is being laughed at and they are the joke of Panem.† The conflict is based on the inequality between the rich Capitol and the poor districts. Through subtle acts of rebellion throughout the novel of the behalf of Katniss the conflict grows. This conflict is important to the text as a whole because without the conflict between the districts and the Capitol there would be no Hunger Games.