Whole Foods Individual Case, Financial Analysis - 1550 Words

purpose This report is written in order to perform financial analysis on Whole Foods Market Inc and its competitor Safeway Inc. This in depth report is both to determine which company is doing financially better and how also how they are doing comparing them to their whole industry. The ratios in this report are going to be used to compare WF to its competitior and also to compare its financial performances to the whole Grocery store industry (SIC: 5411) to see how Whole Foods Inc is doing in regards to the whole industry. It is crucial to compare a company’s ratios with the industry’s, because they may appear good or bad when comparing with the company’s competitors, however, when comparing these ratios to the industry a different†¦show more content†¦This shows that WF’s has been doing a better job than Safeway at using its assets to generate a profit. Based on the Profit margin and ROA and we could conclude that WF is doing a better a job than Safeway at managing its assets efficiently in order to generate a profit. Moreover, we could also conclude that WF has been doing really well comparing it to the other compnay’s in the same industry since all its profitability ratios were higher than the industy’s. | | | | whole foods | |Industry | | |2005 |2006 |2007 |2008 |2009 |2009 | |inventory turover |26.09 |26.78 |24.42 |23.90 |23,27 |20.3 | | | | | safeway | | | | |inventory turnover |9.92 |10.58 |11.08 |11.72 |11.43 | | Source: Industry ratios from Reuters.com, exhibit 1 Inventory turnover: Comparing inventory turnover is extremely crucial especially for the Grocery industry where it all comes down on how fast you sell your inventory. Every year since 2005, Whole food’s inventoryShow MoreRelatedAnalysis Of The Outputs For Whole Foods Market Essay977 Words   |  4 PagesIntroduction In this case, an analysis of the outputs for Whole Foods Market was performed. As with the previous case in regards to inputs, the purpose of this analysis is to determine the company’s outputs, how they interact, and how they help Whole Foods achieve their company goals. As such, determining the outputs, understanding how they are measured, and analyzing the congruency between the functions are imperative to determining how they fit into the organization. Organizational Outputs andRead MoreOrganizational Diagnosis Models On Whole Foods Market1370 Words   |  6 Pages Organizational Diagnosis Models on Whole Foods Market Wanda I. Ramos Trident University BUS 599: Title of Course Professor’s Name July 21 2015 Abstract Organizational diagnosis is known as an effective way at looking organizations to determine gaps or needs between current and desired performance, and how it can achieve its goals. Open Systems Theory will be defined and briefly discussed in connection to organizational diagnosis. An analysis of four organizational diagnosis modelsRead MoreSwot Analysis : Whole Foods Market1618 Words   |  7 Pagesrelated to Whole Foods Market, Inc. Much of the research and information originates from the company’s 2014 annual report. The Form10-K, reputable internet sources and the Whole Foods Market company website provided the data and information to establish a complete SWOT analysis. The research and SWOT analysis has been used to recommend a strategy for growth and sustainability of Whole Foods Market. Company Background Whole Foods Market is a leading retailer of natural and organic foods. 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The Misuse Of Drugs Act - 2106 Words

Laws are created by parliament which is made up by the MP’S society votes for during the election process. The Misuse of Drugs Act (1971) was introduced to prevent the misuse of controlled drugs such as cannabis, amphetamine and other drugs stated in the Act. The Act attempts to prevent the misuse of drugs by making it a criminal offence to be in possession or supply, manufacture, import and export drugs (Drugscope, 2015). The Act also gives the Home secretary authority to ban new drugs and increase the penalties associated with them. Sometimes the government will set out a proposal for a new law in a document known as a green paper which then faces scrutiny and discussion this could be by experts in the area that the proposed Law intends to change/ affect or a select committee within parliament. The proposal can then be changed and made into a white paper. This then forms the Bill which gets introduced into Parliament (Making laws: How a law is made part 2 of 2, 2009). There are 2 different types of Bills a private and a public Bill. The Misuse of Drugs Act (1971) was a public Bill as it affects the public. These also have 2 categories, government Bills and Private member bills. The Misuse of Drugs Act (1971) was a government Bill. A bill goes through a consultation stage where the opinion of others is noted on what the proposed Law should say. This usually takes place before the Bill is introduced to Parliament. A Bill can either go through the House of Commons or LordsShow MoreRelatedThe Classification of Canna bis Under the Misuse of Drugs Act 19715890 Words   |  24 PagesADVISORY COUNCIL ON THE MISUSE OF DRUGS The classification of cannabis under the Misuse of Drugs Act 1971 ADVISORY COUNCIL ON THE MISUSE OF DRUGS 1. Background 1.1 In October 2001 the Home Secretary asked the Advisory Council on the Misuse of Drugs (the ‘Council’) to review the classification of cannabis preparations in the light of current scientific evidence. 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Pros and Cons for Outsourcing Free Essays

The Pros and Cons of Outsourcing services in the US By Berend Schoute (1713035), student of the VU university Amsterdam. INTRODUCTION Hillary Clinton, â€Å"I don’t know what reality the Bush administration is living in, but it’s certainly not the reality I represent, from one end of New York to the other. † This response came on the statement of the head of U. We will write a custom essay sample on Pros and Cons for Outsourcing or any similar topic only for you Order Now S. President George W. Bush’s Council of Economic Advisers, Gregory Mankiw. He said: â€Å"outsourcing is just a new way of doing international trade,† which makes it â€Å"a good thing. † In the last decade most economists are a proponents of offshoring services outside of the US. They say that the benefits of outsourcing exceed the disadvantages. The main discussion is more likely a political one. It shows that a lot of citizens are pursuing protectionism to prevent any problems for American workers. THEORY Outsourcing occurs when a company fragmentizes a production process and sends this to another outside company. When companies are outsourcing to other countries/continents, it is also known as offshoring. A survey held by Lewin and Peeters (2006) showed that 90 of the 650 companies that are listed on the US Forbes Global 2000 are offshoring major business functions at that time. This outcome says that many major companies are interested in outsourcing jobs. Further outcomes mentioned that overall IT-functions (66% of the survey participants) are mostly shipped elsewhere, followed by Finance/accounting functions (60%). The most attractive destination for offshoring is India, where 60% of the functions of companies participated in the survey is to be offshored to. (Lewin and Peeters,2006) There are multiple arguments for offshoring jobs to another country. Some of these reasons can be examined by simply looking at the numbers, but most of them are abstract and difficult to catch. We speak of an omitted variable bias when a model that you create misses some important causal variables. The model can give you some positive results, but it isn’t reliable. This problem can occur in every survey, so the investigators need to be careful with the outcomes. The main argument for outsourcing is clearly labor cost reduction. The differences in wages are very large between the developing countries and the US. For example, an IT-specialist is paid $ 60 per hour on average in the US, where India pays this worker only $ 6 per hour. Although these cost benefits trough labor are substantial, extra costs incur when setting up the new offshore location. After taking all costs in account, there still is a cost reduction of 45 to 55 % (Mckinsey Global institute,2003). This cost reduction can cause a higher productivity because the domestic firm can focus on other important operations. Drezner (2003) said: ‘Thanks to outsourcing, U. S. firms save money and become more profitable, benefiting shareholders and increasing returns on investment. Foreign facilities boost demand for U. S. roducts, such as computers and telecommunications equipment, necessary for their outsourced function. And U. S. labor can be reallocated to more competitive, better-paying jobs’. This statement is fully supported by most economists. The commodification process allows the spread of the benefits of IT-outsourcing even further, making the growth and the competitive advantage even greater (Drezner, 2003). A simple explanation of th e advantage can be given by looking at the Heckscher-Ohlin model. This model simply suggests that countries that are capital abundant will export capital intensive products vice versa. For example it explains the fact that India focuses on labor intensive products because this abundance causes a competitive advantage caused by relatively low wages. In reality it’s off course more difficult, because the underlying assumptions are hardly realistic: 1. factors of production are perfectly mobile and 2. no difference in level of technology across countries. Drezner(2003) explained this by the following statement: ‘The logic underlying an open economy is that if the economy sheds jobs in uncompetitive sectors, employment in competitive sectors will grow. If hitech industries are no longer competitive, where will new jobs be created? ’ This previous theoretical introduction didn’t made the discussion between the pros and cons yet clear. It simply shoes some arguments of a proponent and a opponent. We still need hard evidence from both parties to give a good view on the truth. PROS VIEW Opponents of outsourcing are talking about the fact that American workers are losing their jobs cause of the labor movements. This is off course a fact, but what are the actual numbers ? The Mckinsey Global institute (2003) notes that in the upcoming 5 years , the growth was going to be around 30-40%. Forrester Research predicts that the total outsourced jobs will be around 3,3 million in 2015. According to projections, the hardest hit sectors will be financial services and information technology (IT). In one May 2003 survey of chief information officers, 68 percent of IT executives said that their offshore contracts would grow in the subsequent year (Mckinsey Global institute,2003). Therefore, at first sight the perception of the opponents is really sustainable. The total growth in the last two years (2002-2003) was really good, the productivity growth was even greater. The overall job growth have been really alarming. This indicates that the opponents are right in their perception. Controversially, if you unpack the numbers, you will find that 90% of all jobs in the US require geographic proximity. So these jobs were untouched anyway. The Forrester prediction of 3,3 million is spread over 15 years which means 220 thousand extra outsources jobs per year. Nowadays employment in the United States is about 130 million, and with approximately 22 million new jobs to be added till 2010, means that the effect of offshoring is less than 0,2% of American workers (Drezner,2003). Another argument of the proponents is that the net change in the outflow of workers against the inflow is negative. So the difference between insourcing workers because of foreign companies coming to the US and outsourcing is getting smaller. An important argument pro outsourcing is the fact that it increases the productivity of a company. The question we need to ask ourselves is can we confirm this increase with empirical evidence. Amiti Wei (2006) investigated this question and have found some nice figures. In their survey hey tried to analyze whether there are any benefits of outsourcing in the productivity of a company. To prevent an omitted variable bias, they needed to find a valid instrument for service offshoring. In their regression model they used the number of internet hosts in the countries that supply the largest shares of services to the US. These outcomes reflect the changes in new technologies that would only affect US productivity through their effect on offshoring. Their empirical outcome was that there is a positive effect on productivity through outsourcing. CONS The American citizens who are pursuing protectionism to prevent any problems for American workers. They say that they lose jobs because of outsourcing. This off course is true, but it’s important to look at the percentage that is reemployed. This number is provided by the Bureau of Labor Statistics, which tells us that 69% of the workers that lost their job due to offshoring, eventually is reemployed. In the previous, I only talked about low-skilled jobs outsourced to other countries. Nowadays a new trend is unfolding with the outsourcing of high value added jobs to ‘developing’ countries. For example radiologists who can be replaced by cheaper Indian radiologists that constantly are able to screen material that was send to them by US hospitals. The exact numbers aren’t clear because this trend recently came up. The debate about the high skilled outsourcing should focus on consolidating strength of the US in higher value added knowledge services where investment in human capital will be decisive. Until there is no empirical evidence of a negative effect of this kind of outsourcing, the US must focus on the quality of their higher value added knowledge services (Rudiger, K. 2007). There are also a couple of other disadvantages that come up when outsourcing services overseas. These disadvantages have been used by the opponents of outsourcing. A first struggle can be that a newcomer can find itself a unreliable supplier, which puts his work aside when finding a better paying partner or a supplier loses the workers who finds better paying jobs. In reality a supplier loses around 15 to 20 % of it’s workers each year (Weidenbaum, 2003). Other hidden costs or disruptions can be for example bad infrastructure, a lot of power blackouts and extra transportation costs. Weidenbaum also states ‘overseas managers often do not understand the American business environment: our customers, lingo, traditions, and high-quality control and expectations for prompt delivery of goods and performance of services’. These disadvantages can be prevented by good outsourcing preparation. CONCLUSION In the beginning of this essay I discussed the US protectionism to offshoring jobs. When looking at all the studies it came clear that offshoring brings substantially benefits to the economy of the US (and the world). In this essay we saw that firms can reduce costs up to 55 % of the particular department. Because of the cost reduction and productivity growth, the US can improve its output and competitive advantages against other countries. The disadvantages do not outweigh all the advantages of outsourcing discussed in this essay. When the politicians focus on the flexibility and quality of the economy they can create a win-win situation for the US. In the upcoming years next studies need to be about whether any skill group (high value added services in particular) is relatively more affected. REFERENCES Amiti Wei. 2006). Service Offshoring and Productivity: Evidence from the United States. NBER Working Paper no. 11926. Drezner, D. (2004). The outsourcing bogeyman. Foreign Affairs. Mckinsey Global institute. (2003). Offshoring: Is It a Win-Win Game? † Weidenbaum. (2003). Outsourcing: Pros and cons. Business Horizons (2005) 48, 311—315 Lewin and Peeters (2006). â€Å"Offshoring work : Business hype or the onset of fundamental transformation? † Long Range Planning, 39(3): 221–239. Rudiger, K. (2007). Offshoring, a threat for the UK’s knowledge jobs? A working paper prepared for the Knowledge Economy Programme. How to cite Pros and Cons for Outsourcing, Essay examples

The Phantom of the Opera free essay sample

In the Phantom of the Opera, Erik is ill famed for turning Operas into disastrous slaughterhouses and everybody fear and dislike him for that. He makes ridiculous demands and every single one of them is met accordingly; for if his demands were not met, he warns the Opera owner of the fatal consequence he could inflict. The Opera’s owner is terrified and is compelled to sell of his property, so as to avoid any contact whatsoever with this shadowy figure. But the Phantom just does not stop there and because his judgment of right from wrong is impaired, he actually goes on to cut off the chandeliers when he gets angry at the managers and let his temper get the best out of him. This little expression of anger as perceived by the Phantom is not so little, as 25-50 people lose theirs lives. Now judging from that, it becomes lucid why Raoul or anybody would now have developed an intense feeling of hatred for and fear of the Phantom. We will write a custom essay sample on The Phantom of the Opera or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page But He continues his nightmarish ventures and goes on to kill Firmin because he was doing his â€Å"Christine† a favor. He does not have that sense of awareness or better still, that sense of right from wrong to tell him that he was not supposed to murder somebody in order to help somebody out. But Then again, you can’t be too harsh on the Phantom, for the facts that He is badly disfigured and mentally impaired. Judging from his lack of perception, his crime of killing Firmin may seem justifiable, because he does not know what to do in the kind of situation he found himself in. He deeply loved Christine (whom he thought he had given the beautiful voice to and therefore was responsible for Raoul’s love for her) and was not about to let any thing hurt her. But the lack of judgment is just one of his weaknesses that makes you want to sympathize with him and not label him as a simple cold blooded murderer. His other weakness lies in his physical appearance; he seems to be self-conscious about his appearance when he tells Christine about no body wanting to like him and being denied of motherly love. And it is upon this rejection; he goes on to blame his killing on fate and how he was destined to be that way. When he reveals that side of himself to us, we have no choice then but to sympathize with him. In final analysis, the Phantom no doubt is a scary sight to look at, and also a cunning and lethal character to take for granted. He uses his cunningness and craftiness to manipulate and murder people, and for that, he gets his well-deserved hatred from audiences. And a premeditated and voluntary murder can in no way be justified. But on the other hand, he is just another vulnerable character provided with the wrong choices and circumstances in life. And instead of turning that negativity into something positive, he chooses to be hidden from society as whole, thusly working against humans in general. With these two focal points being established, I must say that I am forced to loathe him for killing innocent people and sympathize with him for not being offered a good hand in life.