Saturday, February 29, 2020

Characteristics of Capabilities and Resources of Carrefour

All groups (5 students in a group) should read Case Study Carrefour, and elaborate the following issues related to the Case with justifiable theories. 1. Since 2004, Carrefour has been in a re-launching process, because of a growing competition both on a worldwide level and in many specific country markets. Conduct a SWOT analysis for the group and discuss critically the multi format approach in this context. 2. Conduct General environment analysis with justifiable theories. 3. Conduct Industry environment analysis with justifiable theories. . Discuss the characteristics of capabilities and resources of Carrefour. 5. Briefly explain the three types of international corporate-level strategies with some relevant theories and then discuss critically about Carrefour’s adopted international corporate-level strategy. 6. Discuss the level of diversification in Carrefour with referring to financial statement analysis. 7. Discuss the Relationship between customers and each of Carrefour ’s business level strategies (business formats) in terms of who, what and how? 8. Based on problem statement and your analysis, give suggestion how Carrefour can achieve competitive advantages and above average return or sustain competitive advantages and above average return. Justify your answer based on relevant theories. Page 1 of 1 Resource: 1. Sources used for this case study include the web sites http://www. carrefour. fr and http://www. carrefour. com , and various annual and interim reports, investor relations presentations as well as explicitly cited sources. SUBMISSION INFORMATION The assignment must be completed by week 10. Late submission will be penalized. Please type the assignment in Times Roman 11/ Ariel 10 font, with one and half (1. 5) spacing (save paper) with numbered pages – The assignment should not be more than 15 pages. The cover page template for the report is given below. ALL facts in the assignment must be substantiated except those that are obviously common knowledge. This necessarily requires that the source of information be cited. For example, if a statement is made that the local economy is likely to get better or worse over the next five years, then the report MUST indicate the source of this expectation. RULES AND REGULATIONS †¢ †¢ You are assigned to complete this assignment as a group. You must write the assignment based on real information. SPECIFIC INFORMATION This assignment will be group work. If you cannot find a group, I will assign you to one of my choice. All the members of a group are required to contribute equally. If the contribution of the members is considerably unequal, you can agree on a different weighting scheme that reflects the contributions of each member. Lacking agreement, you will be asked to provide me with the details of each member’s contribution in writing, and I will decide the weights. Page 2 of 2

Wednesday, February 12, 2020

Summative Coursework Assignment Essay Example | Topics and Well Written Essays - 4000 words

Summative Coursework Assignment - Essay Example Generally Accepted Accounting Principles (GAAP) is dealing with various accounting principles and guidelines for undertaking the implementation of accounting practices. But on the other hand, financial accounting is also important for evaluating the profitability of the business entity. Accounting is a system used by the business entity to measure its financial performance. There are several branches of accounting are available, but among them both management and financial accounting is relevant. The main emphasis in management accounting is to establish the relationship between cause and effect of a particular activity. More over, it is multi disciplinary in nature, because it is a combination of several disciplines like financial accounting, cost accounting, statistics, etc. In this case, the net profit of the company is goes on increasing, but at the same time, the cash in hand is decreasing to certain extend. Cash is a critical asset, which plays an important role in business. Cash flow statement is a statement showing the change in cash position from one period to another. Because it is possible to identify the causes of changes in cash balance between the two balance sheet dates. While preparing cash flow statement mainly it is essential to consider both actual cash flows and notional cash flows. Cash Flow Statement For the year ended 2002 Particulars Amount (in m) Cash used in operation. Issue of shares. Cash generated Add: Opening cash balance Cash balance at the end (1) 6 5 4 9 Calculation of Cash from operation Particulars Amount (in m) Net profit Add: provision for taxation. Funds from operation. Add: decrease in debtors. Less: decrease in creditors. Cash used in operation. 4 6 10 8 18 (19) (1) Adjusted Profit and Loss Account Particulars Amount (in m) Particulars Amount (in m) Provision for taxation. Depreciation of FA (balancing figure) Closing balance 6 14 (6) Opening balance Funds from operation. 4 10 14 14 Workings:- Here, there is no disposal of assets takes place in the year 2001 and 2002, therefore the difference between the value of assets in both years are considered as the amount of depreciation, such as- [166_152] = 14m. Propose Dividend Account Particulars Amount (in m) Particulars Amount (in m) Cash (dividend paid) Closing balance 7 9 Opening balance. Balance transferred to Profit and loss account. 7 9 16 16 While preparing the cash flow statement of a business organization, it is possible to understand about the causes of changes in the cash flow position of a business unit. Through which, it is possible to identify that the reduction of cash balance inspite of increase in income or for increase of cash balance in spite of decrease in income. This statement consists of opening cash balance and all sources of cash and all applications of cash and ends with the closing balance of cash. More over, here the changes in current assets and current liabilities are adjusted in the amount of cash from operation. It is necessary for a firm to keep adequate amount of cash in hand for making immediate payments. The major responsibility of the financial manager is to plan cash and maintain adequate cash balance. A cash flow statement is considered as a summarized cash account. In addition to this,

Saturday, February 1, 2020

The history of American technology Research Paper

The history of American technology - Research Paper Example It began to traffic on July 1, 1940, and radically crumpled into Puget Sound on November 7 of the same year. At the time of its erection (and its destruction), the bridge was the third lengthiest suspension bridge in the world in footings of main span length, following the Golden Gate Bridge and the George Washington Bridge. Erection of the bridge initiated in September 1938. From the time the deck was built, it started to move perpendicularly in windy situations, which made the construction workers to give the bridge the nickname Galloping Gertie. Collapse of the bridge There were no causalities in the failure of the bridge. Tubby, a black male cocker spaniel was the only mortality of the Tacoma Narrows Bridge catastrophe; he was missing along with Coatsworth's car. Professor Farquharson and a news photojournalist tried to save Tubby during a lull, but the dog was overly frightened to leave the car and bit one of the saviours (â€Å"Bridges†, 2001). Tubby deceased when the br idge tumbled, and neither his body nor the car were ever retrieved (Peters, 1987). Coatsworth had been driving Tubby back to his daughter, who possessed the dog. Coatsworth received US$450.00 for his car and US$364.40 in compensation for the contents of his car, counting Tubby. Why did it collapse? The chief clarification of Galloping Gertie's catastrophe is termed as "torsional flutter." It will help to break this complex series of occurrences into some stages. Here is a summary of the key points in the explanation. 1. In general, the 1940 Narrows Bridge had comparatively small resistance to torsional (twisting) forces. That was since; it had such a huge length-to-breadth ratio, 1 to 72. Gertie's long, narrow, and thin strengthening beams made the construction enormously flexible. 2. On the morning of November 7, 1940 just after 10 a.m., a serious event befell. The cable band at mid-span on the north, slithered. This permitted the cable to detach into two uneven parts. That contrib uted to the transformation from perpendicular (up-and-down) to torsional (twisting) driving of the bridge deck. 3. Also backing up to the torsional movement of the bridge deck was "vortex shedding." In short, vortex shedding arose in the Narrows Bridge as follows: (1) Wind disjointed as it hit the side of Galloping Gertie's deck, the 8-foot compact plate support. A minor amount of torsioning happened in the bridge deck, since even steel is elastic and varies from under high strain. (2) The turning bridge deck triggered the wind flow parting to surge. This fashioned a vortex, or spinning wind force, which additionally lifted and twisted the deck. (3) The deck construction repelled this lifting and twisting. It had an expected affinity to return to its earlier position. As it returned, its hastiness and direction corresponded with the lifting energy. In other words, it moved â€Å"in phase" with the vortex. Then, the wind fortified that movement. This shaped into a "lock-on" occurren ce. 4. But, the outside force of the wind only, was not adequate to instigate the severe twisting that caused the Narrows Bridge to fail. 5. Now the deck movement went into "torsional flutter." When the bridge’s motion altered from vertical to torsional oscillation, the construction absorbed extra wind energy. The bridge deck's