A Brief Note On The Problem Of Homeless - 957 Words

Imagine being from a middle income family, then suddenly you were homeless. Dirty, alcoholics, drug addicts, and bums are words that people associate with being homeless. Multiple factors can cause anyone to become homeless. The Scale family was ordinary, until hordes of factors caused them to become homeless (Foster). People need to stop thinking that homeless people are of a lesser kind, as demonstrated by the Scale family. Ordinary people can be homeless. To be homeless you have to be a drug addict or an alcoholic, which is wrong. A person can be homeless because of bad investments, unemployment, a divorce, or family kicking someone out. Barbara Sard, a writer for Centers on Budget and Policy Priorities, says that â€Å"1.1 million families†¦show more content†¦There have been some actions to try to stop homelessness. Groups have been trying to get additional people off the streets and into a home. Social service groups are getting kids off the streets and into foster care or with a safe family member (Foster). They have set up emergency homes for families so they can stay together, instead of living in a shelter with other people (Foster). Some social groups will help pay for a family s rent until they can support themselves (Foster). The people being aided by these groups, have to have a job or searching for one. One of these social service groups helped the Scale family (Foster). Looking back in time, the Scale family appears to be normal with pictures of the holidays with presents stacked high, then something tragic happened. Destiny, the mother, is a babysitter working at home, while Darwyn, the father, works at Home Depot. They have three kids, ages ranging from eleven to three. Suddenly, the recession hit, causing Darwyn to work less hours and Destiny did not have kids to babysit. Rent was raised to $685 a month, which they did not have. With only $2,000 left in the bank, the Scale family moved into a motel until they could find a place to live. They tried to find a place to stay before they ran out of money, however, it did not work. All of their family members did not have enough room for them, then they did not have enough money to continually stay at the motel.

Nike s Impact On The Shoe Industry - 1478 Words

Looking into a future new venture for myself I decide to start-up a business like Nike, because of the performance that Nike has had in the shoe industry has been remarkable all across the globe for many years. It is one of the country’s largest and highly respected brand names, not only in the United States sector, but it highlights the international globe as well. Nike is a sporting goods company and distributor that offer’s all type of athletic shoes, sporting gear, and many different accessories that are used for people that are into sports and fitness. A lot of different teams in the sports industry uses Nike equipment, shoes, and accessories because of their amazing background name for their products and services that they offer. So since Nike has that title brand and as a company they have prospered in many ways and I would like to start-up a shoe company similar to Nike since they have profited very well on the market with minimum declining levels with still ma nage to pull through in the end. In today’s new some of the big names of sports like LeBron James, Tiger Woods, Mia Hamm uses Nike accessories and also promotes the Nike name. This project is being considered as a great opportunity for us to star-upt a new and future business project. PERFORMANCE ANALYSIS Nike’s target audience is the people that are between the ages of 18 to 35 years old. Nike as a company caters to both men and women and also senior citizens that are looking for some comfort especially whenShow MoreRelatedPorter Five Forces of Reebok1314 Words   |  6 PagesIndustry Analysis Using: Michael Porter’s Industry Forces Model Reebok International, Ltd. (1995): The Nike Challenge Case Authored By: Thomas L. Wheelen, Moustafa H. Abdelsamad, Shirley E. Fieber, and Judith D. Smith Analysis By: Tim Sacks Threat of New Entrants Barriers to Entry The athletic shoe industry is slowly becoming a global oligopoly. There are many barriers to entry preventing new entrants from capturing significant market share. Large athleticRead MoreBusiness Analysis : Shoe Industry1229 Words   |  5 Pages3.firms offer products that are similar, but not perfect substitutes. In shoe industry firms producing similar products but it has separate qualities and brand images because of that products are not perfect substitutes. The shape, trademarks and the pattern of shoe is differ from one brand to another brand this would lead the product more precious for its buyers. 4.Price Makers Firms that operating in shoe industry are price makers alternatively than price takers due to the fact that each and everyRead MoreNike s Goal Of Increasing Sales And Awareness Of The Brand1247 Words   |  5 Pagespartnerships will be aimed towards promoting the firm s athleisure and regular products for women. Having these famous wives post pictures in athleisure gear will promote sales and awareness of the brand. Young girls look up to these women and seeing them wear Nike apparel makes them aware of brand and could creates an allure to the products. These women will include a link in the in their Instagram â€Å"about me† section that directs visitors to the Nike online store. As well as each post will have a linkRead MoreStrategic Analysis of Nike1213 Words   |  5 PagesNike Case Analysis Nike is a worlds leading supplier of athletic shoes and apparel. The company was founded in 1964, when it was selling shoes to athletes. It grow rapidly through the 1970’s, and expanded its product lines to produce footwear in the categories of running, training, basketball, casual shoes, and kids shoes. As the bloom faded from the domestic athletic footwear market, the company entered active apparel market in 1978. Nike made a series of strategic decisions in 1970’s and earlyRead MoreCorporate Social Responsibility : Nike1312 Words   |  6 Pagesethical issues and pressures facing the industry, many corporations have turned to enacting policies regarding corporate social responsibility. By adopting activities that work to aid society and the environment, corporations ultimately increase profits and improve brand image. Several organizations in the apparel industry have used socially responsible activities to rebuild reputations. Today, according to Nike’s official website, they define their â€Å"Nike Responsibility† as: â€Å"Explore. Innovate.Read MoreHow The Company Use Technology Help Perform And Advance Competitive Advantage1246 Words   |  5 Pagescompany use technology to perform and advance competitive advantage. As we see in the global market, Nike is one of the high profitable revenue companies. This company spends lot in purchasing the new technologies in the market and uses the most for their business. They build the ultra-infrastructure which is more capable than their actual needs. For example, if we consider their Data warehouse, the Nike maintains the Teradata with extended configuration and purchased space more than their data needsRead MoreAthletic Shoe and Nike4456 Words   |  18 PagesNIKE 1 Nike has always remained on the preference list of athletes and  athletic  footwear  was indeed the first category of products launched by the company more than 30 years ago. Today, you can see the craze for its products, not only among athletes, but also among golfers and other sportspeople. Apart from that,  Nike  shoes  and other accessories have also become the favorite  fashion  products for teenagers. Thus, fashion, elegance and achievements are some of the associated attributes of NikeRead MoreNike Strategic Analysis3456 Words   |  14 PagesIntroduction Every box of Nike shoes states, engineered and built to the exact specifications for championship athletes around the world. Nike has become the measuring stick in the world of merchandising and endorsing. Top athletes around the world are often seen with a famous Nike swoosh on their shoes. It is not uncommon to see some form of Nike product everywhere you look. It all begins with Phil Knight, a competitive runner, who incorporated Blue Ribbon Sports in Oregon in 1968. BlueRead MoreNike : A Transformation Process1501 Words   |  7 PagesOne of the biggest companies in the world is Nike and they are the perfect example of a transformation process from raw materials to the final product. Nike is one of, if not, the biggest athletic and sportswear company in the world. Their products range from shoes to apparel, and recently software. They have over 700 shops around the world and has offices suited in forty five countries outside the United States. They also have many factories where they produce their products, most of them comingRead MoreNikes beginning history and success.1356 Words   |  6 PagesNike: The Beginnings The Nike Corporation originated from two sources, Bill Bowermans quest for lighter, more durable racing shoes for his Oregon runners, and Phil Knights search for a way to make a living without having to give up his love of athletics (Hincker 1). Their ideas and actions within Nike have radically changed the way sports, business, and popular cultures interact. This influence is seen best through the history of Nikes formation in its beginning years. The concept that would

Financial Condition of the ISETAN-Free-Samples-Myassignmenthelp.com

Question: Discuss about the Financial Condition of the ISETAN Singapore. Answer: Introduction: This report has been prepared to present the financial condition of the ISETAN (SINGAPORE) LTD and Metro Holdings limited to analyze the financial performance and the financial position of both the companies. This report depict that it becomes easy for the user to identify and evaluate the best company on the basis of financial tools. Both of these companies are performing its business into property and retail segment. The market share of both the companies is competitive. Company overview: The background, mission, vision operations etc of both the companies have been analyzed. The description of both the companies is as follows: ISETAN Singapore Ltd. ISETAN limited is an international company which has its headquarter into Singapore. The main operations of this company are operating the supermarkets, operational department and it trades into the general merchandise. This company administers its functions into two departments which are property segment and retail segment. This company manages various property and the operations in the Singapore. Currently, this company is managing various activities to enhance the market share and manage the performance of the company (Home, 2017). LTD Metro Holdings Ltd. METRO HOLDINGS limited is an international company which has its headquarter into Singapore. The main operations of this company are property development and investment. This company administers its functions into two departments which are property segment and retail segment. This company manages various property activities and the retail operations in the market of Singapore (Home, 2017). Currently, this company is managing various activities to enhance the market share and manage the performance of the company. Balance sheet and income statement: Balance sheet and income statement of both the companies have been analyzed to administer the performance and the financial position of both the companies. The details of financial statement of both the companies are as follows: Metro Holdings Ltd: Metro holdings limiteds financial statement has been analyzed. Form the income statement of the company; it has been found that the total revenues of the company have been enhanced form 2015 in 2016. The revenue of the company was SGD 145826000 in 2015 which has been enhanced by 6.01% in 2016. Further, the gross profit of the company has also been enhanced by 35.99% but the net profit of the company has been lowered from 2015 (Garrison, Noreen, Brewer McGowan, 2010). Operating expenses of the company has been improved and they have impacted over the operating income of the company. Further, the balance sheet of the company has been analyzed and it has been found that the various changes have taken place into the performance of the comapny as well. Total current assets of the company have been improved by 0.39% from 2015 whereas the total current liabilities of the company have been lowered by 36.54% in 2016 (Bloomberg, 2017). The total assets of the comapny has been reduced by 6.58% in 2016 due to the changes into the long term position of the company whereas the total liability and equity of the company has also been reduced by 40.99% and -0.12% which depict about huge changes into the financial position of the company. ISETAN Singapore Ltd. Further, the ISETAN (SINGAPORE) limiteds financial statement has been analyzed. Form the income statement of the company; it has been found that the total revenues of the company have been lower form 2015 in 2016. The revenue of the company was SGD 302178000 in 2015 which has been lowered by 2.05% in 2016. Further, the gross profit of the company has also been lowered by 2.5% but the net profit of the company has been improved far better from 2015 (Garleanu Pedersen, 2007). Operating expenses of the company has been improved and they have impacted over the operating income of the company. Further, the balance sheet of the company has been analyzed and it has been found that the various changes have taken place into the performance of the comapny as well. Total current assets of the company have been improved by 3.53% from 2015 whereas the total current liabilities of the company have been lowered by 16% in 2016. The total assets of the comapny has been reduced by 3.03% in 2016 due to the changes into the long term position of the company whereas the total liability and equity of the company has also been reduced by 12.06% and -0.21% which depict about huge changes into the financial position of the company (Reuters, 2017). Ratio analysis: Further, the study has been done over the ratio analysis of both the company to analyze and evaluate the best comapny in terms of the investment and financial position. The study of ratio analysis of both the companies is as follows: Metro Holdings Ltd: Ratio analysis study over METRO HOLDINGS Limited depict about the financial position of the company on various basis such as liquidity, profitability, efficiency and solvency. Liquidity ratios of the company depict that the liquid position of the company is not at all good. The debt position of the company is quite good but the comapny is suggested to reduce the level of the current assets to manage the cost of the company. Further, the profitability ratio of the company depict that the profitability ratio of the company has been lowered but still the net profit margin of the company is very higher and depict about the good performance of the company in the market (Davies Crawford, 2011). Further, the efficiency and solvency position of the company depict that the company has lowered the days of inventory turnover and accounts receivable to manage the extra cost and the cash conversion cycle of the company. This analysis depict that the performance of the company is getting better (Morningstar, 2017). Lastly, the solvency position of the company depict the company is required to enhance the level of the debt to reach over the position of optimal capital structure. ISETAN Singapore Ltd. Ratio analysis study over ISETAN (SINGAPORE) Limited depict about the financial position of the company on various basis such as liquidity, profitability, efficiency and solvency. Liquidity ratios of the company depict that the liquid position of the company is quite good. The debt position of the company is quite good and the cost of the company is also managed by the company. Further, the profitability ratio of the company depict that the profitability ratio of the company has been enhanced but still the net profit margin of the company is very lower and depict about the bad performance of the company in the market (Davies Crawford, 2011). Further, the efficiency and solvency position of the company depict that the company has enhanced the days of inventory turnover and accounts receivable to manage the sales and the production of the company (Morningstar, 2017). This analysis depict that the performance of the company is getting better. Lastly, the solvency position of the company depict the company is required to enhance the level of the debt to reach over the position of optimal capital structure. Findings and analysis: Through the above analysis, it has been found that both of these companies are better from each other in different activities. The ratio analysis study depict that the liquidity position of ISETAN is better than METRO ltd whereas in profitability ratios, metro limited is performing well. Further, the solvency and efficiency ratios depict that the performance of both the companies are average and both the companies are required to make few changes into its policies. Conclusion: According to the evaluation, it is recommended to the investors to invest into the METRO HOLDINGS limited for the short term and in ISETAN limited for long term .this would assist the investors to get more return. References: Bloomberg. (2017). METRO HOLDINGS LIMITED. Retrieved from https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=878812 available as on 9th Nov 2017. Davies, T. Crawford, I., (2011).Business accounting and finance. Pearson. Garleanu, N. B., Pedersen, L. H. (2007).Liquidity and risk management(No. w12887). National Bureau of Economic Research. Garrison, R. H., Noreen, E. W., Brewer, P. C., McGowan, A. (2010). Managerial accounting.Issues Home. (2017). ISETAN SINGAPORE LIMITED. Retrieved from https://www.isetan.com.sg/ available as on 9th Nov 2017. Home. (2017). METRO HOLDINGS LIMITED. Retrieved from https://www.metroholdings.com.sg/ available as on 9th Nov 2017. Morningstar. (2017). ISETAN SINGAPORE LIMITED. Retrieved from https://financials.morningstar.com/cash-flow/cf.html?t=I15region=sgpculture=en-US available as on 9th Nov 2017. Morningstar. (2017). METRO HOLDINGS LIMITED. Retrieved from https://financials.morningstar.com/income-statement/is.html?t=M01region=SGPculture=en_US available as on 9th Nov 2017. Reuters. (2017). ISETAN SINGAPORE LIMITED. Retrieved from https://www.reuters.com/finance/stocks/companyProfile/ISETbi.SI available as on 9th Nov 2017

Personal Strategic Plan free essay sample

My long term personal mission in my career is to own and run a hugely successful eighteen-hole PGA certified golf course. I envision my shorter term career goals as being stepping stones to this. Being financially comfortable and secure, eventually having enough capital to invest in a business is a major focus of mine. Honing my skills as a golfer and a golf professional to the master level will serve me well in making business connections. Finally, acquiring business acumen by studying and learning from the professionals in my life already will give me what I need for running a business. By focusing on these short term goals, I can be confident in my ability to fulfill my core mission. I have many qualities that make me attractive to potential employers. Being a reliable and quality worker is evident in my work history; I have worked at the same organization since I was sixteen, and have carried part time jobs at other organizations. We will write a custom essay sample on Personal Strategic Plan or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I present myself professionally and have the social skills to make good relationships with customers, clients, coworkers, and anyone else relevant to my job. I have great passion for the game, which will serve me well in my career. This passion extends pass the love of the game and into my life as a golf professional, driving me to work my hardest while learning and understanding everything there is to know about the golfing world. I breath, eat, and sweat golf – I cannot envision my life without it. I believe this passion to be my greatest competitive advantage. All I need are the practical tools to make my dreams a reality. I am willing to work endlessly to achieve this. Though it may my greatest strength, passion is far from the only strength I can identify. I have an entrepreneurial spirit, always willing to try new things and ways of making money. Ever since I was a kid I have always loved the idea of running a business, and concepts in the business world come easily to me. I have a great ability to adapt to situations and make the best of them. I realize that not every venture I take will turn out well, so being able to make the best out of a bad situation will be a useful strength. I am a people person and love talking to others on a personal level. Given the often huge social aspect of the average golf course or country club, this will better enable me to connect with clients and forge new relationships. I won’t be able to utilize any of these strengths without first understanding and overcoming my weaknesses. I am not a very introspective person, so actually thinking about and writing down my strengths and weaknesses does not come naturally to me. I can combat this by enlisting the help of those around me in identifying these types of things and through them hopefully come to understand myself more completely. Another weakness I can identify is my lack of experience and knowledge of the business world. I have been combating this throughout my personal and academic career – learning as much as a can and getting as much experience at work as possible. 3. Strategic Choices The opportunities I have had and will continue to have are enormous. I was lucky enough to start working at the Elk’s Country Club when I was sixteen years old. Starting as a simple clerk, I did stuff like caddying and cleaning, generally helping to run the pro shop at the club. I have worked my way up – now I manage the pro shop and am a certified golf professional. My place of employment has given me the opportunity to grow as a golfer and as a professional, and will continue to do so in the future. Through my close personal relationship with the current owner, I can certainly envision a future where the business could be passed along to me. Possible threats to my dreams are things I will take careful note of. For instance, if I were to try and open a golf course, the market could be a major threat. With three golf courses in the area already, the market may be spread to thin for a fourth one. I would most likely have to relocate from my hometown in order to do so. Another threat I face is my personal health. I have always had medical problems with my heart and ears and if they escalated it could put my career and life on hold. I exercise daily and try to eat a healthy diet to help mitigate this threat. Should the day ever come that I am offered the business I currently am employed at, taking it or not would be a huge strategic choice. The Elk’s is an established business that already has a client base. The course is well distinguished and hosts many tournaments. My only hesitation would be the potential for growth in an area like Richmond. To be phenomenally successful you have to have a large market to work with, and I am not so sure Richmond can provide that. Another strategic choice I may face is whether to focus more on my skills as a golfer or as a businessman. Being successful at either one can lead to owning a golf course. A respected golf master would have no trouble opening up a course, especially with all the prize money they would have won over their time. The same thing goes with a respected businessman. Right now, it is easy for me to straddle both worlds, but the day may come when I will have to make a choice. After attaining a degree in business studies, my career options will grow. Within the next five years, I can see two attractive options available: With my job experience and my golf professional certification, I could easily move to another area and work at a different golf course. With my versatile set of skills on and off the course, I could get higher lever position in the pro shop or in the business office starting out. Having researched other jobs, I know I would likely make more money. Being able to leave and try something new and be somewhere new is a definite advantage as well. However, moving away is a big risk in general. I would be leaving my home and family along with my usual support systems. Fear of the unknown is a big disadvantage. I could also stay at my current position, managing the Elk’s Pro Shop. After attaining my degree, I could get a raise or a promotion. This option would be safer as I am already established in this town and know I have a job for the foreseeable future. 4. Implementation 1 Yr – Finish Business Studies Degree. Requires commitment and hard work for classes. Resources needed are money for school costs and time. Move Away 1. 5 Yrs – Find and land new position. Requires time and money to research and visit potential areas and golf courses to move to. I will need all my skills as a golfer and business professional to acquire the best position available to me. 2 Yrs – Settle in new area and gain experience in new position. Requires money and time, as well as professional skills and golf skills. 3 Yrs – Move up in organization and gain new skills to possibly open my own course. Save money. Requires business skill, openness to learning and growing. Also requires frugality and good financial planning. 5 Yrs – Evaluate current position. If I cannot or do not want to go any higher in the organization, strongly consider trying to open or buy another golf course. Will require a huge source of capital – some personal savings and loans could provide this. Also will require massive amounts of time and energy to complete. This could take a few years. Stay At Current Position 1. 5 Yrs – Attain a promotion or raise because of my degree. Requires time and business skill, but little resources. If comfortable, from here on continue to gain know industry knowledge and experience at position. Continue as far up the organizational ladder as possible. If a great opportunity comes along or in uncomfortable, reevaluate. Over 5 Yrs – Take over ownership of the Elk’s Country Club. Requires personal social skills, business skills, and golf skills. Will need plenty of time and patience. Implementing my plan seems to be a gargantuan task, but by breaking it down into smaller goals like I have, I can more easily wrap my head around it. The financial aspect is something I have been working on since I was a teenager. I will continue to manage the pro shop I work at while acquiring pay raises and saving money for my future. Working at a pro shop lends itself very well to honing my skills. I can golf for free anytime I’d like, and take advantage of that often. Everyday I am constantly gaining experience and learning new things about the business, which helps toward becoming a successful professional. Not only can I learn from my job and the other professionals that work there, but I have been pursuing a degree in business studies and am very close to acquiring it.