Goodwill Industries International has been in operation for more than 100 years since it was established in 1902. The industries were initially designed to provide humanitarian assistance to the struggling immigrants. They gave the employees the basic education as well as language training. They assist the people in the community to lead healthy and positively in the community. The industries have the core mission to respect dignity of individuals through elimination of bottlenecks to opportunity via the power of work. Goodwill attains this objective by putting 84 percent of the revenue back to the business to provide employment opportunities, ...
Goodwill Research Papers Samples For Students
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assignment
Answer 1)
i)Basis of Presentation and Principles of Consolidation:
The financial statements of the company are consolidated and are prepared in accordance to US GAAP and as per rules of Security Exchange Commission. The consolidated Statements consists of the accounts of Panera Bread Company and its wholly owned subsidiaries both direct and indirect.
ii)Fiscal Year:
The fiscal year of the company is reported to be last tuesday of every december.
iii)Use of Estimates:
The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the ...
ACME Car Rental
Facts
ACME Car Rental purchased a total of 1,000 Volkswagen model cars at a total purchase price of $17,000,000 from the Volkswagen Company. It then sold some of the cars to individual consumers and other smaller rental fleet companies. However, unknown to the purchaser, Volkswagen Company, the vendor, had fitted the cars with an ‘emissions defeat device’ which is software that was meant to cheat on the rate of emissions of the cars. This was in a bid to conform to the relevant laws and regulations in place. Though these vehicles were able to pass the ...
History and background of the Retailer
Amazon.com was set up in 1994. Jeff Bezos takes the credit for the establishment of the company with its base in Seattle. The company began as a bookseller over the internet. As time went by, Amazon grew in size and eventual market share making it one of the largest e-commerce business enterprises. The company eliminated the need for its clients to travel to actual bookstores and purchase reading material. They could do this over the internet. After establishment in 1994, the company made its first online sale in May 1995.
Corporate Mission Statement
The corporate mission of the company is to be the ...
Shakira
Sometimes we stop in front of difficulties and obstacles. Sometimes it seems that all things are lost and everything is against us. At this moment there comes a tipping moment when you need to gather your strength and go forward for your dream. Look around you! We will never see a society in which everybody is happy and satisfied. It is, in fact, a mythical representation, especially under the blows of fate. We can improve out lives every day and every moment. We shoud not give up, if we want to succeed. Let us see what the failures were ...
Compare the Notes to Consolidated Financial Statements
Compare the Notes to Consolidated Financial Statements
The company of my choice is Coach Inc. and its closest competitor is Michael Kors. Michael Kors was chosen as it belongs to the same industry as Coach and has nearly the same characteristics as it. This means it is its closest competitor available considering the scope of the business. Comparison of the two consolidated financial statement will make Coach aware of where and when they went wrong in order to try and rectify in the future. This will enable them to plan effectively and analyze their previous cases hence enabling ...
Financial Analysis: Microsoft
Introduction:
For the purpose of the project and adhering to the requirements, we have selected Microsoft Corporation as the company to be analyzed. The company is a renowned name in the computer industry around the globe and is listed on NASDAQ under the ticker symbol of ‘MSFT’. Headquartered in Washington, the company is primarily involved in manufacturing and distributing of computer software, consumer electronics and personal computers. Microsoft is the world’s largest software maker in terms of revenue and is also one of the most valuable companies in the world. Below are some of the products of Microsoft ...
Financial Analysis: Microsoft.
1. Revenue goes up, why?
Revenue increases are explained in Microsoft financial statements for FY 2014 and 2015. Revenue growth of 12% or $9 Billion in 2014 compared to 2013 was due to “higher revenue from server products, Xbox Platform, Commercial Cloud, and Surface. Revenue also increased due to the acquisition of NDS. Commercial Cloud revenue doubled, reflecting continued subscriber growth from our cloud-based offerings” (Microsoft, 2014). Revenue growth of 8% or $6.7 Billion in 2015 compared to 2013 was mainly due to “a full year of Phone Hardware sales and growth in revenue from our Commercial Cloud, Surface, ...
Abstract
On many occasions, many companies have a market value that is more than there book value. This paper analyzes the market and book values of the Meda AB Pharmaceutical Company in a bid to determine some of the factors that may have generated the difference in between the two measures of valuing a company. The paper starts by introducing the Meda AB Pharmaceutical Company as well as outlining the products and services it sells. Using figures obtained from the financial statements prepared by the company in the year 2012, the two measures of obtaining the value of the company will be identified. ...
Analysis of Personal and Organizational Ethics and Values between For-Profit and Not-for-Profit Organizations
Introduction
Ethics and social responsibility are critical for companies and have an impact on the long-term sustainability of the businesses. Ethics refers to the belief of what is right and what is not. A strong framework thus forms within which people make decisions and also ensure that all employees and supervisors are fair to each other. It is of significance that employees ensure that they can distinguish the acceptable from the unacceptable. This would help ensure better levels of ethics and its implementation in an organization. Ethics is important for all organizations, whether they are for-profit organizations or non-profit ...
The term pollution in the simplest and most basic meaning refers to the condition, situation and circumstance where harmful and toxic materials and substances find their way to the environment thereby making human life inhabitable and unhealthy. In the recent history and empirical evidence has confirmed that human activities have contributed to pollution to the environment and in effect exposing the human race to danger and threats. They hazardous human activities are evident in the most developed nation in the planet, whereby the industrial refuse are deposited to water bodies. With the above background in mind, marine or water ...
Treaty on the Non-proliferation of Nuclear Weapons (NPT) (1968)
The Non-Proliferation of Nuclear Weapons Treaty was entered into signature in 1968 and came into force in the 1970 (Denza, 2005). The purpose of the NPT was solely based on the need to promote the proper use of nuclear energy and to reduce the spread and use of nuclear weapons globally. The need to have a peaceful world, away from the threat of nuclear wars and invasions led to a global call common approach in curbing the spread of nuclear weapons. It was deemed as an amicable solution to prevent the ...
Application of Machiavelli on Corporate Actions.
Introduction.
The Prince by Nicole Machiavelli refers to the actions of an individual. The actions of an individuacan also referrs to actions ocorporationses. Corporates are bodies that are legally identified as a person or a human being. Therefore, this paper shall rely on the ideas of Machiavelli to analyse a company known as McDonald’s. The analysis shall provide arguments and concept to understand if the company adheres, eschew or manifest the philosophies of Machiavelli. Also, the research paper shall examine critics on the Machiavelli idea in relation to the operation of a corporation.
Mc Donald’s is the leading food ...
Executive summary.
On 5th of December 2010 the American giant company in the field of pharmaceuticals announced its intention to acquire the Dutch company crucell which was in which it had already controlled 17.5% at a price of $2.3 billion, which would be a price of 24.75 Euros per share which was a purchase price 58% above the actual closing day price of the share ant thus crucell would have recorded a capital gain per share of 14.36 Euros. The company was to acquire 98.98 % of the issued crucell share. crucell was acquire to be acquired in multiple steps with the period of February 23 ...
Question 1
Virgin Galactic is the first space line in the world that owns and runs privately built spaceships. The company plans to be the pioneer in commercializing space travel and offering ordinary people a unique opportunity of going into history as the first ever non-professional astronauts. Its main competitor is the Blue Origin, which has already attained a spectacular achievement in pioneering the first rocket booster to make a safe trip back to earth from space (The Economist, 2015). Virgin Galactic plans to use its massive resources and synergistic effects from the Virgin Group umbrella to beat its competitor in ...
Executive Summary
This paper discusses Corporate Social Responsibility (CSR). CSR refers to the responsibility of that an organization has to avoid actions that harm the society.CSR is important dues to various reasons. First and foremost, it helps companies to solve societal problems. Secondly, it helps in attracting customers and thirdly it contributes to the satisfaction of customers. Fourthly, CSR enables organizations to engage in positive public relations and fifthly it reduces the operational costs. Sixthly, CSR increase the business opportunities for companies and seventhly it increase the innovation capacities if companies. Lastly CSR helps companies to differentiate their Brands. The process ...
Introduction
Christianity has had its own definition and essence of marriage for some 2,000 years. The Christian definition of marriage is based on the Bible and over the years, marriage has adapted to the social structures within which Christians live. The purpose of this essay is to critically analyze and review the concept of spousal love and its essence and features.
Marriage and Love in the Bible
The very foundation of marriage is found in Genesis 2:18 where the Bible says that “it is not good for man to be alone”. This was mainly because man was created and was alone and although all the ...
Background
Since 1993, when its first restaurant was opened in London, Chipotle proved its clients that high-quality food can be served fast. By using only fresh ingredients and adding no artificial flavors, Chipotle managed to create trustful relations with its customers and even expand its business to other countries.
Chipotle has opened their stores in few countries such as the UK, the US, Canada, Germany and France. It is now time for the corporation to follow the lead from other companies like Yum. Brands such as KFC and Taco Bell as well as McDonalds expand their footprint in the Asian ...
The benefits of the crusades vs. the benefits of the current terrorist group (ISIS)
Introduction
Since the medieval ages, religion has been used to spread acts of narrow-mindedness against others. From the time of the Christian inquisitions and crusades to the current Islamic jihadism and terrorism, this fundamentalist attitude has caused the death of many. At its root, is the selfishness and ambition for power and wealth that rules the hearts of men. Religious organizations are responsible for establishing the moral fiber in the society. They undertake this duty by selling the concept of ‘salvation’. In return, they obtain rent in the form of tithes in order to intercede on behalf of individuals ...
Free Research Paper About The Long Term Objectives And How Broad Level Strategies Can Be Implemented
Following the American Psychological Association’s Guidelines
Why are long-term objectives important to strategic planning process?
Strategy is a plan that organizes the resources of a company and then uses them to meet the organizational needs and fulfill its goals. Long-term objectives are usually for a period of more than 1 year, usually up to 5-20 years. These are achievable for only a long period of time- like improvements in the organization’s overall brand, competition faced by the business, the innovations in technology, profits earned, and return on investment, Human Resources and its goodwill.
The management needs to chalk out where it wants its business to go. ...
I would like to research the publically traded stock of Apple Inc. It is a company based in California which manufactures consumer electronics. I choose to select this security because it is extremely marketable and the company is doing very well in terms of goodwill. Apple is one of the most sought after companies in the electronics industry.
The record of the past three years of the security shows that the prices of the shares have been rising significantly. With the recent launch and success of Iphone6 the company has gained a lot in terms of the market. For the ...
Brooks Brothers Incorporation is a privately owned company located in United States. It started operations in 1818 as a family business. The company has enjoyed close to 200 successful years specializing in the production of men’s suits and outwear. Over the years, Brooks Brothers has become a popular company that has sold United States’ top government officials suits. Examples of these iconic officials include the likes of Bill Clinton, George W. Bush and Abraham Lincoln. It has its headquarters in New York. For the past 200 years, it is undisputable that the company has made a rich history, which is its main ...
The Home Depot is a business entity that takes part in the improvement of homes and retailing of construction products. The company also offers other construction services such as consultancy and delivery. The company has many stores in the United States of America. The stores exist in all the states of the country. In addition, the company runs stores in the provinces of Canada, and Mexico. The company’s headquarters are in Atlanta, where there is Support Center for all the company’s stores.
The Home Depot has a good financial record. According to the commission of the United States ...
Currently, there is confusion about China's role in the Middle East and its relations with Saudi Arabia. In lights of developments (the Arab Spring) that have swept recently in the Middle East and North Africa , the spotlight on China-Saudi relations is of great significance, as it will help in understanding China's role in the Arab world. Additionally there are doubts among many of the ruling elite in the Middle East in general and Saudi Arabia in particular, about the United States' credibility as a strategic ally after they witnessed the speed at which the American administration abandoned its allies in ...
Introduction
The survival of a company in the business environment depends on factors that are found within the environment of business. The ecology of the business world has both internal factors and external factors which have effects on the manner in which businesses carry out their operations. As a result, it is mandatory for companies to have mechanisms that they can use to adapt to certain perceptions, issues, chances and the available resources. The businesses must pay attention to the applicable changes. These changes are bound to occur in the environment. In addition, the business entity must use its existing policies to ...
Currently, there is confusion about China's role in the Middle East and its relations with Saudi Arabia. In lights of developments (the Arab Spring) that have swept recently in the Middle East and North Africa , the spotlight on China-Saudi relations is of great significance, as it will help in understanding China's role in the Arab world. Additionally there are doubts among many of the ruling elite in the Middle East in general and Saudi Arabia in particular, about the United States' credibility as a strategic ally after they witnessed the speed at which the American administration abandoned its allies in ...
- Company Background
Morgan Stanley is a band holding company founded in 1935 that provides financial services worldwide. The Company serves both individual and institutional investors offering securities globally. Morgan Stanley also operates an asset management business and serves investment banking clients. There are three segments Morgan Stanley is currently operating: institutional securities, asset management, and global wealth management (Reuters, 2013).
Morgan Stanley was a pioneer in global expansion to capital markets broadening horizons of strategic transactions. It serves individual, corporate, government, and institutional clients in 40 countries. Morgan Stanley has a number of affiliates and subsidiaries. The Company issues ...
Introduction
Terrorism refers to the systematic use of violence to cause terror among civilians with the purpose of asserting demands and forcing the government to give in to those demands. Individuals involved in terror activity are called terrorists. Terrorists execute terror actions by different means such as bombing, hijacking, kidnapping, and assassination. Based on execution style, terrorism has been classified into different types including state terrorism, bioterrorism, Eco terrorism, cyber terrorism, nuclear terrorism, anarchist terrorism, religious terrorism, nationalist terrorism and narcoterrorism. All of these types of terrorism are perpetrated using some specific methods of violence to convey a message. Terrorist attacks ...
Are profit sharing plans effective in motivating employees?
Introduction
Profit sharing is a phrase known to every individual since the beginning of business. This is nothing new but an old concept since the time when fishermen and farmers have used it to earn their livelihood. In USA this concept was brought in 18th century. When the civil war ended and industrialization prevailed companies all over and states started to share profit so as to stop their employees from unionizing. At the end of 2nd world war, government levied taxes on income but it didn’t practice on the money earned due to profit sharing which further flourished ...
ARCELORMITTAL
Introduction
AecelorMital is a multinational production company that deals in manufacturing of steel. Its headquarters are in France on Avenue de la Liberte, Luxembourg. It is the world’s largest producer of steel and has an annual production of 97.2million tones. ArcelorMital has the highest number of employees in Luxembourg with over six thousand employees.
AecelorMital offers a large variety of services to its customers including production of prototype steel; this means that they can manufacture a steel product as per the client’s specifications. They have good strategies that enable them to have a high service value that attracts a high ...
Answer to the question from Learning Task #2
Zara is a company which deals in the manufacture and retail of textiles in markets in Europe and other parts of the Globe. The company is a fast growing enterprise with a record estimated opening of a Zara store every day across the globe. The company uses a business model which is focused on making a connection between the needs of customers and manufacturing in fashion and ensuring that manufacturing meets the needs of the customers within the shortest period of time. The company’s uptake of information technology in its operations has been restricted to the use of applications which serve very limited needs ...
While there are many different types of organizations, there are certain characteristics which permeate all organizations. Such characteristics cut across the various sectors in which organizations belong. The primary characteristic that is common to all organizations is that they all have goals which they seek to achieve. Indeed, all the activities of an organization usually revolve around these goals. This is similarly the case when it comes to organizations that are involved in business activities. While they may have many other goals, the principal goal of any business organization is to increase its profitability while at the same time ...
Introduction
Corporate social responsibility is the best strategic as well as financial path that most businesses can followFor most businesses there are compelling reasons to be responsibledefining “responsible” is somewhat of a conundrum.”
~ Jeffrey Hollender
It is typical for people and organizations to have expectations. Expectations serve as a reminder that regulates actions and thoughts according to moral, ethical, legal and economic principles. The same mechanism operates in the business industry through corporate social responsibility (CSR). By virtue of a definition given by , CSR refers to the expectations that the society has on a particular organization. This suggests that organizations therefore have a duty ...
In its 2011, Annual Report General Motors Co. cites industry wide high fixed costs as one of its items of concern. . However, it remains determined to reduce those costs to remain competitive on a global scale by reducing that cost so that it may offer effective in the growing world economy and take advantage of foreign markets. . These costs include Cost of Sales; Operating, Administrative and other Expenses; and loss of Goodwill caused by its uncertain financial future for both the failed company and its successor. . These items resulted in total fixed, life cycle, operating, and variable costs of $144, ...
Task
Introduction
Accounting is a very important subject both to the followers of the profession and also to all institutions that carry on business. For any financial statements to make sense they must be prepared in a standardized manner, allowing for quick comparison between the financials of a company in different periods, the company and other players in the industry, a company in different countries etc. This requires the adoption of standards that will allow for this to be possible.
The International Accounting Standards Board prepares and issues the International Financial Reporting Standards (IFRS) that have been widely adopted by accountants the ...
Executive Summary
Real estate management has traditionally played a major, albeit little appreciated, role in all organisations. With escalating real estate prices in most world economies, the role played by this department should be even more pronounced. This should be especially so in light of the fact that but for personnel, no other factor is costlier than real estate. From the aforesaid, it is a cinch that proper management of real estate with a view to reducing costs can and should lead to significant reduction of operating costs of a firm.
Non-profit organisations are especially under pressure owing to their unique sources of revenue. ...
Executive summary
Unicord Public Limited Company PLC, was initiated in 1978 and its headquarters at Thailand. The organization was set up with the objective of processing seafood and its’ first attempt was to process tuna, a worldwide commodity that is consumed by many people. It specialized in manufacturing a wide variety of canned tuna and frozen seafood products and its’ factory was located in Samutsakhon. Unicord PLC was the main manufacturer, producer, and exporter of canned seafood in Thailand before it was taken over by Sea value Co. Ltd on 15 September 2005, at that time the production capacity of the company was ...