A Study On The Three Links Campus - 1422 Words

The Three Links Campus is widespread across the right side of Forest street, existing peacefully in it’s own world in the small town called Northfield. It’s isolated in the way it stands out from the many common residential homes on the left of the road, and how it’s white short fences silently beg you not to trespass. Yet it is a world that secure the worlds of many. A non profit organization established in 1899 as an orphanage, but as evolved over the years to redefine its market niche and capitalize on providing health care needs for the elderly. It’s organized in a tall structure that consist of supervisors, managers, directors, etc to keep operations smooth. On a day to day basis they serve 360 customers with a staff of 350 people†¦show more content†¦These are majority of the services that Three Links provides to the community. We finally entered the Three Links main entrance to be warmly received by the receptionist. She was a friendly woman in either her 50s or 60s, and she smiled throughout our interactions as she informed us that our visit is expected, gave directions to the coat rack and bathroom then gave us few minutes to gather ourselves before we met with the CEO. As we sat waiting for our champion, one of the first thing I noticed was the cozy atmosphere of the place. There were comfortable but characteristic sofa like those you would expect at home placed in different areas of the campus. The arrangement of the place was inviting you to explore every nook and cranny. It was nothing like the white walls, white fluorescent lights and antiseptic floating scent that I expected. From my earshot I could hear the pleasant camaraderie between residences, and between employees. At 10am, the CEO of the company, Patricia Vincent, made an appearance with head full of sparkling gray hairs and eyes shining wi th warmth as she shook our hands and introduced herself. She walked us to the conference room, and on our way there I saw a placard on the wall. On it, it had the simple mission statement that leaves a lasting impression â€Å"Creating peace of mind for those we serve,† accompanied by the values of the company: Community, Accountability, Respect, and Empathy. Seeing

How Ford s 2016 Battle Tested On Buying The Ford F 150...

The Purpose of this paper is to analyze how Ford’s 2016 â€Å"Battle Tested† Superbowl commercial uses elements of the rhetorical triangle to persuade audiences into buying the Ford F-150 half-ton truck. Ford using military grade aluminum alloy for the body of the F-150 and using high strength steel for the frame revolutionized the half-ton truck category. The transition between steel and military grade aluminum alloy is a crucial change in the automobile industry. The advertisement provides an impressive example of logos by telling the audience the F-150 has a five star safety rating by the United States government. Pathos, an appeal to emotion, is used by the unnamed narrator to persuade the audience on the toughness while still being the safest half-ton truck in the automotive industry. Ford’s â€Å"battle tested† commercial successfully ensures the safety of the driver and passengers using the new material for the 2016 Ford F-150. Keywords: Ford, military grade aluminum alloy, safety, revolutionized, automotive The All-New Ford F-150 In order to strive for success in the automotive industry innovation and advertising is the name of the game, Ford Motor Company, sets the standard for innovation in the automotive industry with the new Ford F-150. A crucial component in the automotive industry is advertising of the company’s vehicles. The companies must ensure that their message is clearly and effectively conveyed to potential consumers. It is vital forShow MoreRelatedProject Managment Case Studies214937 Words   |  860 PagesCanada 118 Riverview Children s Hospital 124 The Evolution of Project Management at Quixtar 145 3 PROJECT MANAGEMENT CULTURES 151 Como Tool and Die (A) 153 Como Tool and Die (B) 157 Apache Metals, Inc. 160 Haller Specialty Manufacturing 162 The NF3 Project: Managing Cultural Differences 163 An International Project Manager s Day (A) 172 An International Project Manager s Day (B) (see handout provided by instructor) An International Project Manager s Day (C) (see handout provided byRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pages22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend this linking of theory and practice further by analysing the strategic issues of speciï ¬ c organisations in much greater depthRead MoreManaging Information Technology (7th Edition)239873 Words   |  960 Pagesand permission should be obtained from the publisher prior to any prohibited reproduction, storage in a retrieval system, or transmission in any form or by any means, electronic, mechanical, photocopying, recording, or likewise. To obtain permission(s) to use material from this work, please submit a written request to Pearson Education, Inc., Permissions Department, One Lake Street, Upper Saddle River, New Jersey 07458. Many of the designations by manufacturers and sellers to distinguish their

Human Resource Management Final Exam - 1431 Words

Qi Jiang Foundation MPHR 696 Final Exam Jan 23rd, 2014 Question 1: Collective Bargaining A labor relation is a key issue for organizations because the nature of the relationship between employees and employers can have a significant impact on morale, motivation and productivity. The act allows unions to be formed and exist as employee organizations that have the legal rights to bargain with management over various terms and conditions of employment. When a union is elected to represent employees, the union representatives and employees are jointly responsible for negotiating a collective bargaining agreement that covers various terms and conditions of employment. Collective bargaining is an integral part of HR and†¦show more content†¦I suggest that they can design e-system that could be able to have the feedback frequently on the computer for both side of employee and employer. Not the formal appraisal, just an informal â€Å"communication† during each period of the time. The management team either can supervision or communicate with the subordinates, and also listen the needs and wants from them. 3) What long-term strategy might the company adopt to help to maintain the changes introduced? First, as I just mentioned above the performance system must consistent with the organization’s goals and culture, somehow, the traditional appraisal will work ok for the other company, but not this one. They need to probe more efficient way to make the performance evaluation, since an efficient performance management system is very important for the employee morale, and productive. For instance, the case infers that they don’t even have the performance-related pay, which mean the old system has not make the full use of the performance management incentive function at all. Second, the effective system involves mutual exchange of information, discuss and jointly access in planning future work activities. They need to redesign the performance management system that can be use to exchange the feedbacks, information and reviews, rather than put the employee in defensive position, whereas feedback is more usually perceive as more neutral and process over which employees haveShow MoreRelatedHuman Resource Management Final Exam1297 Words   |  6 PagesFinal Exam 1. 1. The Board of Directors, the Chief Executive Officer and the Executive Management Team has embarked upon a fundamental organizational shift. In order to reestablish their sustained competitive advantage in the market, the shift will take the organization from one which has always recruited, selected, trained and developed employees based on the traditional knowledges, skills and abilities to one that is primarily based on talents and strengths. 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Financial Analysis and Valuation Method for Dick - myassignmenthelp

Question: Discuss about theFinancial Analysis and Valuation Method for Dick. Answer: Introduction With the increasing ramification of economic changes and complex business structure, Dick smith holding, a major electronic retailer comes up with initial public offer in the market. This company was engaged in consumer retails of electronic items in Australia and New Zealand and collapsed in several parts due to manipulation in the financial statement and fraudulent accounting and reporting practice. In this report, study has been conducted on the brief history of Dick smith holding, a major electronic retailer and critical evaluation of valuation of Dick smith holding and its initial public offers has been taken into consideration. Afterward, valuation of companys share and financial evaluation has been made after when Dick smith holding, a major electronic retailer entered into strategic alliance with Anchorage capital partner. Brief summary of Dick smith holding, a major electronic retailer Dick smith holding, a major electronic retailer acquired by Anchorage capital partner. This company paid AUD$ 115 million for acquiring Dick smith holding. After the acquisition of this company by Anchorage capital partner, this company got listed on Australian stock exchange with a view to expand its business with a rapid growth (Anchorage capital, 2017). After that, it was evaluated that if company did not make proper level of disclosure and reflects falsified accounting in its financial statement. It is reflected that company would not keep up long and went into liquidation (Adelopo, 2016). The main reason behind the liquidation was companys falsified accounting and reporting framework. In the brief history of acquisition of Dick smith holding by Anchorage capital partner, it is reflected that that company was sold by Woolworth to Anchorage capital partner for an initial cash payment of AUD$ 20 million and ultimately Anchorage capital partner has to pay AUD$ 115 million for acquir ing Dick smith holding. However, at the time of listing of Dick Smith company market capitalization of company was valued AUD$ 520 million. However, Anchorage capital partner made several changes in compliance and financial functions of organization but all went in vain and dick smith had to go under the liquidation process due to reflects falsified accounting in its financial statement. After evaluation of annual report of Dick smith holding, it is evaluated that in 206 the share price value of Dick smith holding went down by 80% (Bahadir, DeKinder Kohli, 2015) this has shown that Anchorage capital partner has faced high amount of loss by entering into strategic alliance with the Dick smith organization. However, the main problem arises when it was noticed that company has followed wrong accounting and reporting framework (Malley, 2016). Critically evaluation of valuation of Dick smith holding when this company was acquired by Anchorage capital partner It is evaluated that dick smith holding was acquired by Anchorage capital partner by paying USD$ 115 million to Woolworth. It is considered that after acquisition of company by the Anchorage capital partner, shares of Dick smith holding company get listed and resulted to market capitalization of company valued AUD$ 520 million. As per the annual report of Dick smith holding company, it is considered that company issued share value of USD$ 7682980 in the market. However, at the time of initial public offer, shares of company were sold in the market at premium rate. Nonetheless, auditors report and other disclosures made by company had contradictions and it reflected that company has not complied with the international financial reporting standards. Dick Smith Company had reflected high amount of profit and increased value of its total assets and showcased less amount of profit earned (Tomasi, Bottomley and McQueen, 2002). This manipulation of profit has been done by company by reflect ing wrong value of inventories and reserve in its balance sheet. In addition to this, there were several changes after completion of initial public offers such as Anchorage capital partner initially retained only 20% of shares in the Dick smith company but eventually it had fully divested its holding to other shareholders. However, due to its non-effective legal compliance and failure of company to comply with the applicability with international financial reporting standard in accounting and reporting frameworks, Dick Smith Holding and its shares in the capital market had fallen by more than 80% in 2016 as compared to the time when they were listed on Australian stock exchange in December 2013. This level of destruction in the share price value and loss of business of company resulted to failure to may payment to creditors (Ferraro, 2017). All the creditors such as national Australian bank and HSBC Bank Australia took the company into liquidation (Tomasic, Bottomley, and McQueen, 2 002). This resulted to closer of various units of Dick Smith Company and share value of company went down by 80% and resulted to destruction of business on international level. After that, Kogan.com an online retailer acquired the Dick smith at undisclosed price. Therefore, it could be inferred that value of shares issued by Dick Smith had gone down throughout the time. Nonetheless, in the starting, when IPO was issued by the Dick smith, it had market capitalization around USD$ 520 which is quiet high amount for the newly listed company. After that due to its non-efficient legal compliance and non-compliance of IFRS rules and regulations, company fails to create trust in shareholders and investors in the market. The valuation of shares of Dick Smith Company could be determined by using market value method, intrinsic value method and joint methods. However, it could be inferred that in the starting period when the shares of Dick Smith company was sold as initial public offer all the shares of company were sold at the premium price (Leow, 2009). Throughout the time, in secondary market, when shareholders lost their confidence in the reporting and accounting frameworks of Dick Smith company due to falsification in recording financial data in its financial statement. Therefore, after evaluating the annual report and details shown by the security exchange board of Australia, it could be inferred that Initial public offer of Dick Smith Company was done by complying with all the rules and regulations of corporation act. However, in the starting when the shares were firstly issued by Dick Smith Company, all the investors flooded with the money to buy shares of company and created AUD $ 520 million market capitalization on the listed stock exchange (Drazba, E., 2015). Assessment of ethical dilemmas facing two separate set of people (Anchorage capital partner in context with the flotation of Dick Smith business and directors and executive Ethical dilemma Ethical dilemmas is related to the concern when organizations or person caught in a situation where both the situation in either right or wrong. In this case, ethical dilemmas has aroused while depicting the financial statement of Dick Smith Company to its stakeholders. It is evaluated that company had to create its financial statement on the basis of falsified accounting and financial results. However, Auditors of Dick Smith Company had to give unqualified audit report to the company on the basis of facts and documents shown by company. In the starting of this process, all the stakeholders believe the facts and financial statement shown by Dick Smith Company in its reporting frameworks. The main ethical dilemma which is faced by Anchorage capital partner was related to disclosing the financial details to its stakeholders. After acquisition of Dick Smith Company by Anchorage capital partner, it was observed by executive and directors of Anchorage capital partner that it has not compl ied with the accounting and international financial reporting standards while reporting its all assets and liabilities. This resulted to destruction of transparency and true and fair view of financial statement of organization. After collecting data from secondary sources, it was analyzed that Anchorage capital partner was having idea from the beginning but never disclosed the same details with the stakeholders. The executive and key managerial persons of Anchorage capital partner was having clear idea that if they disclose the complete details of company related to accounting and financial information then it will cause high amount of loss in its business functioning. However, Anchorage capital partner was not having any facts and complete back up to showcase the problems of financial statement of Dick Smith Company (Knapp, 2016). Directors and senior executive of Dick Smith Company and their ethical dilemma These are key managerial persons who take all the strategic decisions of Dick Smith Company. It is considered that these persons knew from the beginning that company had failed to comply with the proper level of IFRS rules and regulations and reflected falsified details and values in its annual report. However, they had idea that if they disclose the complete level of information regarding companys detail then it will destruct the brand image of company and market capitalization of company on international level. They are the drivers of company and they have fiduciary liabilities to work in the best interest of organization. As per the statement and data shown by Dick Smith Company in its annual report in 2014 that company has shown all the inventories and assets value wrong and falsified with a view to misguide its stakeholders and showcasing less amount of profits (AASB 102. 2009). Another ethical dilemma was related to the failure of these key managerial persons to comply with the ir commitment. It was considered that Dick Smith Company in the annual report of 2014 announced the purchase of MAC21 an authorized service center. However, due to the companys failure and its acquisition by Anchor capital investment, it had to change it decisions and resulted to failure to comply with the made commitment. This level of failure was the biggest ethical dilemma for directors and key managerial persons of Dick Smith Company but comply with the same was also very hard. Therefore, it could be inferred that ethical dilemma Anchorage capital partner in the flotation of business was to make proper level of disclosure which should be made by company for the best interest of general public at large. Conclusion In this report, it is reflected that there were several problems and dilemmas which had resulted to destruction of Dick Smith Company on international level. It is considered that Dick Smith manipulated its all the financial figures and inventories with a view to reflect profitable business and good financial health. This level of framework was done by company with a view to raise funds from the investors. In addition to this, company had market capitalization of USD $ 520 which was created by company due to its falsified reporting and accounting frameworks. All the shareholders and investors invested in Dick Smith Company on the basis of falsified information shared by company. Eventfully, when the proper information was depicted by auditors and other reporting authority, market capitalization went down very drastically and resulted to liquidation of business. Now in the end, it could be inferred that if company showcase wrong or falsified information to its stakeholders then it cou ld create short term benefits but in long run it has to face loss or wind up of its business. References AASB 102. 2009. Inventories. [Online]. Available at: https://www.aasb.gov.au/admin/file/content105/c9/AASB102_07-04_COMPjun09_01-09.pdf [Accessed on: 31st August 2017]. Adelopo, I. 2016. Auditor Independence: Auditing, Corporate Governance and Market Confidence. Routledge. Anchoragecapital. 2017. Dick Smith Holdings Limited. [Online]. Available at: https://www.anchoragecapital.com.au/case-study-dick-smith/ [Accessed on: 31st August 2017]. Bahadir, S. C., DeKinder, J. S., Kohli, A. K. (2015). Marketing an IPO issuer in early stages of the IPO process.Journal of the Academy of Marketing Science,43(1), 14-31. Drazba, E., 2015. Value Creation in European Private Equity Investments: Theoretical Framework and Case Study of PE Primary and Secondary Investment in Poundland-UK-based company. Ferraro, O., 2017. Business valuation: premiums and discounts in international professional practice. InFinancial Environment and Business Development(pp. 79-88). Springer International Publishing. Knapp, M.C. 2016. Contemporary Auditing. Cengage Learning. Leow, J. 2009. Australian Master Superannuation Guide 2010/11. CCH Australia Limited. Malley, A. 2016. Dick Smith collapse raises more questions for accounting profession. [Online]. Available at: https://www.smh.com.au/business/retail/dick-smith-collapse-raises-more-questions-for-accounting-profession-20160721-gqagz5.html [Accessed on: 02 July 2017]. Mills, A. and Woodford, W. 2015. Company Accounting. Pearson Higher Education AU. Tomasic, R., Bottomley, S., and McQueen, R. 2002. Corporations Law in Australia. Federation Press.