Gillette Company Case Study Essay Example | Topics and Well Written Essays - 1500 words

Gillette Company Case Study - Essay Example Quick ratio-Inventories are the least liquid of assets and face significant risks like they may be damaged or lost among others. They are hence reduced in calculating quick ratio. A higher quick ratio is also preferred. Cash Ratio- shows the percentage of current liabilities covered by cash and cash equivalents. This ratio measures the company’s ability to repay current liabilities using cash. A higher ratio is also recommended. A ratio of 1 and above is recommended since it indicates the ease to pay current liabilities using cash and cash equivalents, companies, however, opt to use available cash for other profit generating activities and hence the ratio is ideally less than 1. Gillette’s cash ratio is 0.19 which falls far below the recommended rate. This may show that the firm does not keep its revenues in cash, and this may hinder its ability to repay its current liabilities in the short term. These liquidity measures indicate that Gillette is not able to meet its current obligations with ease. That means that the firm has to sell some of its fixed assets in order to reduce chances of insolvency. There is therefore need for improvement by the management. The debt ratio is less than one indicating that the firm has more assets than debt. The rate is, however, higher than 0.5 which is the recommended level. This is a good indication since it implies less leverage and hence fewer financial risks but management should work on increasing the level of assets and reducing liabilities. Return on equity- this is a ratio of net income to total shareholder’s equity. It indicates the amount of profit the company makes for its owners. A high ratio is preferred by investors since they are assured of high returns on their investments. Inventory turnover- this is the ratio, of the cost of goods sold to inventories, showing the number of times the company restocked its inventory. A higher ratio indicates high sales as a result of fast movement of the

Answer 6 question about Japanese Economy Essay Example | Topics and Well Written Essays - 750 words

Answer 6 question about Japanese Economy - Essay Example On the contrary, the American society has yet not adopted anime as a popular medium of advertisement, and advertisements made in America ensure they are not used in advertisements. A2. In the current era, Japan is known for its holistic views regarding product development. The Japanese way of product development consists of six items that makes it different from other economies. These six items include the factor of built in stability, self-organization of project teams, the concept of multi learning, management of subtle control, fostering a culture of organizational transfer of learning, and finally overlapping development phases. A4. One thing everyone knows of who has been to Japan is the high use of vending machines. There are many reasons for the abundance of vending machines within Japan; however, for the purpose of this essay we will shed light at a few important ones. To start off Japan is cash based economy, and unlike other countries cash based transactions are a norm in Japan. This makes buying from vending machines much easier and comfortable for people rather than having to particularly buy from a store which charges cards. Secondly, Japan is a relatively safe country with significantly low crime rates. This makes tampering vending machines less likely, and therefore highlights the possibility of boosting sales through vending machines practically anywhere. Most importantly what needs to be noticed here is that the Japanese people prefer walking long distance rather than taking cars, therefore this helps companies to boost their revenue by placing vending machines at various places so they can be used by passerby’s to purchase things as they walk. A6. Japan is one of the top economies of the world. However, despite this fact the country finds it significantly hard to attract talent across the globe. While there are many reasons for this problem, the bulk of these

Case Study analysis (Operations Management) Essay

Case Study analysis (Operations Management) - Essay Example This paper provides answers to two questions from the Bruynzeel Keukens: Mastering Complexity case study. After reading the case study my recommendation for the company is to redesign its supply chain. The problems start with the company’s logistics. There is poor synchronization between up and downstream supply chains. Supplier lead time is twice as long as the optimal point needed to achieve efficiency. Bruynzeel Keukens has communication issues between the sales department and the inventory warehouse department. The company has problems keeping adequate inventory levels. Due to an inability to adequately estimate the demand for retail kitchen customer the enterprise keeps high inventory levels. All the problems the company faces with its supply chain is hurting the ability of the company to satisfy the customer needs. This can lead to lower customer retention rates. Companies that are unable to master their supply chain suffer from operating inefficiencies that hurt their profitability. Despite the fact the company currently holds an industry leading 23% market share the limit ations of the company’s supply chain are a risk factor that can cause the business to lose market share points. Bruynzeel Keukens must implement changes in its supply chain practices in order to become a more flexible and efficient enterprise. A simple solution that can help minimize the bottlenecks and complexities of the system is reducing the kitchen combination alternatives by 50%. The firm would still offer 20 million potential combination of product variety which is still very impressive. In reality having such a high product variety does not add any value to the business. This simple solution will reduce the firm’s inventory costs. Another solution that can help the supply chain system is adaption of just-in-time (JIT) inventory system for the retail kitchen business segment. It would take between three to six months to switch to

Social work- Understanding Human Behaviour Essay

Social work- Understanding Human Behaviour - Essay Example As argued by Davis (1996), there is a component of risk assessment in most features of the task, from the decisions that influence the liberty of individuals and the amount of assistance and support they receive, to decisions about policy on resources provision. Social workers can only accomplish these assessments if they are capable of recognising the certainty of risk and to take into account their responses to it. Two such responses were identified by Davis (1996) as those of risk minimisation and risk-taking, asserts that â€Å"Risk-taking is... an essential element of working with mental health service users to ensure autonomy, choice and social participation. It is a means of challenging the paternalism and over protectiveness of mental health services† (Davis 1996: 114). Elements of paternalism and over-protectiveness are features of the condition of risk minimisation apparent in guidelines of care management, care programming (CPA), documentations of hospital discharge s and supervision records which, if professionals are not cautious, could result in needless controls being placed on the liberty of individuals diagnosed as being a threat to themselves and to others (Tew 2005). This consequently curbs the likelihood of integrating individuals with mental illness in their communities. Social workers have to find a neutral ground between being overcautious by needlessly restricting the experiences of their own and of their clients, and being inconsiderate by putting themselves and others in excessive risk (Gitterman 2001). Social workers are concerned with delivering the most favourable and beneficial mental health service for carers and service users. This suggests a service that is helpful, involves carers and service users in the process of decision making and is risk-free for all involved (Garlick 2007). Risk-free, effectual mental health services adopt a developed approach to risk, in

Modern chinese history Research Paper Example | Topics and Well Written Essays - 2500 words

Modern chinese history - Research Paper Example Attempts by barbarians like the Manchu who earlier made contact with China did not have any influence on their way of life and instead got assimilated into the Han Chinese culture. The silk industry for example, has been part of China’s heritage for the last 5000 years and the mystery of its leadership had been unknown for centuries. The recently opened forbidden city that had for hundreds of years been the emperors residences and not accessible by any members of the public for the past 500 years is an example of how tightly guarded the Chinese civilization was and has been. The seclusion from the outside world has been possible over the centuries has facilitated the development of Chinese culture but posed a challenge to this populous nation in the mid 19th century as nations that had made huge technological advancement confronted China. As a result of this confrontation, China faced huge challenges a midst foreign onslaught and this led to a revolution that started in early 20th century that culminated to the establishment of a communist government in 1949.These series of events shaped the political aspect of china and has made it gain much influence in the modern world. The early governance of China was mainly encompassed on the aspect of Dynasties that ruled the state for many centuries since the early 1600-1046BC. The evidence of the existence of the first dynasty was proved by archaeological evidence which established that the Shang Dynasty of 1600-1046BC, was the first Chinese Dynasty, the information shows that this early Chinese society mainly majored in use of bronzes objects, massive ritual vessels and chariots. The information gives a clear indication that the Shang society was sophisticated and well organised with established societal structures. The Zhou, who had been their western neighbours since 1046 to 256BC, later conquered this early dynasty. The Qin dynasty was established and it had much influence on the then society of china, the r eign was acknowledged as the name China is derived from Qin. The dynasty was founded by Shihuangdi who ruled as the emperor and was regarded as a cruel tyrant even though he helped shape modern China by bringing up changes in the administration of his reign. The major achievements of his majesty Shihuandgi included the following: a. He established boundaries, which became the traditional territory of China. b. He developed networks of highways and unified a number of existing fortifications in the Great Wall of China. c. He also managed to establish a proper and basic administrative system that all succeeding dynasties followed over the next 2,000 years. The Han became the next Chinese dynasty after the death of Shihuandgi, this dynasty established much influence in the then China and it even led Chinese being regarded as Han to denote a Chinese. This reign was military capable and fought under the leadership of Han Wudi against its northern nomad neighbour, the Xiongnu as they took control of the eastern portion of the Silk Road, a trading route which was allowed them to sell goods as far away as Rome. Han was able to develop and establish China’s civil service system. This dynasty of Han fell apart during the first half of the 20th century after which the old system of China gradually disintegrated and turbulent preparations were made to lay down a new society. This old traditional governance was undermined by many foreign political philosophies; these critics gave rise to a need for nationalism, which became a very strong

Human resource career field Research Paper Example | Topics and Well Written Essays - 500 words

Human resource career field - Research Paper Example Hence, a HR generalist has to perform daily tasks such as keeping track of the various activities in the HR department as well as monthly reporting and annual or semi-annual participation in the appraisals and other tasks. The dimensions of the HR generalist job that interest me are to do with the sense of being in charge of the HR function and the ringside view that the job offers in terms of participating in the recruitment, training and performance evaluation of the employees. The most exciting thing about the HR generalist job is that one can get involved with the various activities of the HR function and get a chance to apply some of the theoretical knowledge gained during the education and also get a chance to hone one’s skills by practising the art of HR management. The dimension of the HR generalist’s job that does not interest me is the rather generic nature of the job when compared to the specialist role that has a more direct and deep involvement. The nature of the HR generalist job is such that it requires the person to be knowledgeable about the various activities that are typically performed during the conduct of the job. Hence, I would be interested in playing the role of an observer cum evaluator that is part of the HR generalist’s job. Further, what interests me about the HR generalist’s role is that the job entails hands on involvement for certain aspects and an indirect involvement for other aspects. The functions of recruitment and performance evaluation are some of the functions that I perform well. The functions that I need additional training are the training and development function. The recruitment and training functions interest me a lot and I am confident that I can perform well in these functions. I have a natural affinity towards recruitment and performance evaluation activities since I have devoted considerable time towards learning the appropriate theory in

Exodus and the hardening of Pharaoh's Heart Essay

Exodus and the hardening of Pharaoh's Heart - Essay Example As such they are without blemish and without any partisan attitude. Bible does not distinguish between Israelites and non-Israelites. Spiritual revelations are not bound by or confined to geographical boundaries. All arguments and counter-arguments originate below the mind level, and once an individual transcends the mind, one practically understands what divinity is! It is beyond words as such it cannot be expressed through speech. â€Å"All human beings are created in the image of God† (Magid) and at the same time God has blessed them with his free-will. They have the ability to act as per their volition and possess the capability to atone for their sins. Free will is the fundamental aspect of divine play. â€Å"Therefore, God’s removing the possibility of repentance (hardening Pharaoh’s heart) fairly raises the question of ethical reciprocity and just desserts.†(Magid) If this is agreed, the next question is God hardening anyone’s heart that â₠¬Å"challenges God’s relationship to humanity in Scripture† (Magid). This is the root cause of the â€Å"philosophical problem.† If Bible is taken for granted as a scripture of literature limited to the cultural and historical aspects, then the problem of hardening Pharaoh’s heart turns out to be the secular problem, and not of the Bible. Another way to sidestep the â€Å"problem† of Pharaoh’s hardened heart is to view Pharaoh as one who will not repent because he cannot repent. In Exodus 3:20 God ordains that He will bring plagues (wonders) upon Egypt as a rejoinder to Pharaoh’s disinclination to free Israel. In Exodus 4:2, God will â€Å"stiffen Pharaoh’s heart† to enable Him to engulf Egypt with plagues. In the first verse plagues are mentioned as an essential ploy for accomplishing the desired objective, i.e., liberation of Israel. In the second verse, the plagues are a crucial portion of the Exodus. God desires Pharaoh to uninterruptedly