Thursday, January 30, 2020
Eastman kodak Essay Example for Free
Eastman kodak Essay Evaluating the financial condition of Eastman Kodak can be troublesome. Per my evaluation of their quarterly report which was found at http://www. kodak. com, some red flags have appeared that the auditors should be aware of. These stand out and should have special focus on. This quarterly report is based on the companiesââ¬â¢ business activities as well as their subsidiary companies between the reporting periods of January 1, through December 31, 2011. It has been speculated that some of the previous reports have not been dealing on actual performance data basis (Avery, 2012). While many believe this to be impossible and untrue, however, there seems to be that there were no exceptions reported or noticed on prior reports. Once again, while analyzing this report there seems to be correspondence in regards to data exclusion from the outsourced operations and data for leased facilities were indicated. The cash flow analysis of Kodak has always been cause for concern. The Kodak companies the past several years have had many issues as seem by the financial statements. ââ¬Å"The internal cash flows are negative indicating that this company has a financial problem (Arnold, 2012). Items such as the operating costs, investing, and the use of the cash and its outflow when it has cash are what we consider internal cash flows. Kodak company is aimed its focus on funding numerous functions and operations. This funding was to make sure that the IP licensing strategy would a hit. For this to be applicable, the company would have to sell its assets. ââ¬Å"Thus in order to be successful in the IP portfolio strategy EASTKOD 3 Eastman Kodak set there sites aimed at getting funds of over $200 million and then to have licensing transactions to generate between #250 and $350 million dollars (Anderson, 2012). Some of the red flags that they should be aware of can be economic factors, earning problems, excessive debt. With these factors in mind it is clearly visible that Kodak focused on clearing their work on the idea of sustainability that they had place in process within the 2011 fiscal year. For Kodak to stay competitive they had to initiate new programs to generate business in the areas in which they operate. These programs would boost business. ââ¬Å"After the 2011 quarterly report, Kodak was more sustainable and looked to prosper and take advantage of their customerââ¬â¢s economic, environmental, and social performance in order to maintain and attain a profitable , sustainable, and digital company (Anderson, 2011). With these red flags mentioned, Kodak and its position economically, either would attract or not attract investors. This is due to the fact that the economic factors such as the earnings of an organization give an idea of what its profits, and the shareholders value to be. The public willingness to invest and to get companies to fall in line with them, Eastman Kodak is not an attractive company. This is true due to its low profits the company makes based on its last quarterly report. Kodaks last quarterly report and its last 3 previous years indicate that the company if financially falling. During the audit procedure they should be alerted that Eastman Kodak has adjusted its financial statements making its return on capital and its economic stability unreliable. Eastman Kodaks free cash flow is well below par. Their strategy has failed, and this will not attract new investors. The financial statement show that the cash flow has reduced and this is partly contributed to the board and the lack there of on their fiduciary duties.
Wednesday, January 22, 2020
The Corrupt Social Structure Exposed in A Tale of Two Cities :: Tale Two Cities Essays
The Corrupt Social Structure Exposed in A Tale of Two Cities Charles Dickens has been acclaimed as one of the foremost satirists of the nineteenth century. In his novel A Tale of Two Cities Dickens finds fault with the social structure of the society. A few of these social problems are the difference between the classes, the lunacy of the revolution, and the judicial system in effect as this time. The first of the faults in the social structure of the society is the difference between the classes. It is not just the difference between the poor and rich but also between the rich and the royalty. While Monsieur the Marquis is driving through St. Antoine, he runs over a child. All he does is toss a few gold coins out to the father and drives away. This is showing that all the aristocracy cares about is money. Another place in the novel where Dickens shows the difference between the classes is when the Monseigneur is having his chocolate while everyone is waiting to speak with him. When he is done with his chocolate all he does is walk out and brushes past everyone else as if they are not there. This shows that all the higher aristocracy cares about is themselves. Another fault the Dickens points out about the social structure in the society is the lunacy associated with the revolution. The way the people of St. Antoine get crazy from being in such a violent situation is the fault that is being described here. When the wood-sawyer starts talking about his saw as "his little guillotine" it shows that he is affected and is a "typical revolutionary", with a cruel regard for life. Another place where Dickens describes this revolution lunacy is when the crowd of "five thousand demons" come around the corner "dancing" to the Carmagnole, the song of the revolution. This shows that everyone who has a part in the revolution has become like one, a large mass of mindless people who only have death on their minds. The third fault that Dickens wants to point out in the novel is the way the judicial system is corrupt. Throughout the novel Dickens mentions that any of
Tuesday, January 14, 2020
Plan Market Research Assessment Essay
Introduction This Project scope ââ¬Å"Regainâ⬠has been designed to involve all stakeholders of D.A. Garden Supplies so that all aspects of the business can be be analysed through collecting invaluable information and data by the research methods below. Our aim is to identify the cause of the problem that the business is going through right now so that future marketing can be targeted accordingly for positive results. With proper research and strategic planning, D.A. Garden Supplies should be able to recover its lost and on its way to a successful future. Preliminary project scope Project name: Regain Project Owner: Even Tan Sponsor: D.A. Garden Supplies Stakeholder: David and Alison Required resources, sample size and research assistance Resources required for the scope research will include human, financial and physical resources. These will be required for each type of data collection as follows: Focus Group ââ¬â This is a small group of customers in a discussion to focus on the main thought of cause to the problem, the competition. Could be held in the lunch room over a 1 hour period. An external marketing professional would need to be hired to conduct the focus group and 6 participants from the target market would also be required for the discussion. Physical resources required are pens, paper, tea and coffee, brochures of competition and light refreshments. Overall cost including preparation of the focus group would be $550. Survey ââ¬â After the focus group has taken place the survey can be developed from the data collected. The 5 min survey could be conducted at the local shopping centre focused on surveying a minimum of 30 to 60 people from theà target market over a 6 hour period. An external interviewing professional would need to be hired to conduct the survey and briefed on who to approach and what to say. Physical resources required include surveys, pens, clipboard and a bag to store completed surveys. Overall cost including preparation of survey and external staff would be $450. Research Reports and Internet Research ââ¬â A specialist market research organisation will need to be hired to conduct this research and for analysing the data from these reports, survey results, interviewed staff and experiment of product. The cost for analysing this data into a detailed report would cost $740. Another cost would be the purchase of secondary data from Ibisworld. The ââ¬Å"Garden supplies retailing in Australia market research reportâ⬠is $845 and this will provide invaluable information into the industry. Interview Staff ââ¬â This could be held in the lunch room each one of the 9 staff members should have a half hour interview conducted by external marketing professional. Physical resources required are a questionnaire and light refreshments. The total cost would be for development of the questionnaire and 4.5 hours of interviewing the staff, this would cost $650. Research Method and timeline This research are using both quantitative research and qualitative research, since it conducted surveys, focus group and meetings in order to gather needed information. Using qualitative method such as focus group able us to develop our survey, This way we know we will ask the correct questions that are needed when surveying our customers and potential customers. This method was chosen as it is beneficial in developing a successful survey. Using quantitative method for this research because it is easily analysed using statistical methods. For example, a survey is carried out to obtain information about people, such as their opinions, preferences, attitudes, expectations, likes and dislikes. This method was chosen as it directly targets our customers and potential customers to get their opinions on D.A. Garden Supplies and the competition. This whole research process going to take 2 weeks, that give us, the researcher enough time to analyze the data and come out with a detail solution on the problem. Data gathering Types of data required This research need a combination of data in order to get the best result. Secondary data- this data is information that already exists, information like the ââ¬Å"Garden supplies retailing in Australia market research reportâ⬠are statistics conducted by government. This resource is easier and cheaper to obtain, and it provide a great insight on the market itself. Primary data- this data does not exist, it requires the researcher to communicating with people or making observation about people and situation in order to generate the data. Although it is much harder and time consuming compare to secondary data, it is the most valuable resource for the company since it targets the specific problem that the company has. Formal Research and informal research- Conducting a survey able to cover a broad range of topics and able to gather as much information as the research need to, Informal research such as asking opinions from staff about the company and customers feedback and analysing the company sales statistics from internal records are the easiest way to gather in the shortest among of time, however, be careful with the data as it might be data that are not as subjective as primary and secondary data. Quantifying the data The sample size is chosen to maximise the chance of uncovering a specific mean difference, which is also statistically significant. The reason larger samples increase your chance of significance is because they more reliably reflect the population mean. Therefore it is necessary to conduct any survey or interview with as many participants as possible that is acceptable under the given financial budget. Data processing method There are some consideration in deciding how to process the data gathered will include: -type of analysis that will be required -the amount of data to be collected -available budget -available time Hiring an analyst able to handle a more complex data, and able to receive the most accurate data in a short amount of time. Less complex data can be dealt with a specialist statistical software, however it requires specific training and the software itself is expensive. Small market research can be dealt with Microsoft Excel as it able to handle basic statistics. Lastly, very basic calculation with small data sets can be undertaken using a statistical calculator. This research includes both quantitative and qualitative data, and result can be complex because it involves personal feelings and opinions from staff and consumers, therefore, hiring a statistician consider as the most appropriate method for this research, as they have the experience to deal with complex data and able to analyze all data and turn it into results that are easy to understand. Although it is expensive to conduct, if this research has done correctly, it could help D.A. Garden Supplies turn into a successful business. Draft Research Objective After our previous consultation and analysing the information in the scope the main objective is to find out if ââ¬Å"the competition was the main cause for the 5% drop in salesâ⬠The sub-objectives are; 1) To examine customers and potential customers attitudes on the competition. 2) To identify needs of customers. 3) To determine whether new products need to be introduced. By using market research D.A. Garden Supplies will analyse the competition find the cause of the 5% drop in sales and then use this information to increase overall sales by 10%. Feasibility of the research and Conclusion Focus groups, interviewing staff and secondary data are all forms of exploratory research which essentially gather qualitative data, its findings are inconclusive and should not be used for final or important decision making. Therefore to make a final decision a survey or experiment must be conducted as they are both descriptive research which have quantitative data which makes the findings conclusive and useable. Therefore after analysing the above research methods, it could conclude that the focus group and survey would be the best data collecting methods to use to ââ¬Å"find the cause of the 5% loss of sales profit for D.A. Garden Suppliesâ⬠as it targets the customers and potential customers directly which will provide information needed to find whether the competition is the main cause. Although for the purpose of this research we will be using all of the research methods above as this will determine a thorough result. With this vital information we can eliminate the cause in future marketing plans making D.A. Garden Supplies sales successful in the future. If you find this project proposal are acceptable, I will need you, the business owner, David and Alison, and all other stakeholders to approve this research proposal.
Monday, January 6, 2020
The Revolution Of The United States - 879 Words
Crowtherââ¬â¢s responded to Dr. Strangelove in that way because of what was taking place at the time of the release. Life in the United States was chaotic and unpredictable. In the same year, 1964, that the movie was released several other major events took place. America had the war in Vietnam, civil rights movement, Cuban Missile Crisis, and Chinaââ¬â¢s test of a nuclear bomb. Citizens of the United States lived in a state of fear that their capitalist system would be overthrown by a communist party. The country was filled with civil unrest and it was not coming to an end. During the time of the Cold War many Americanââ¬â¢s feared a nuclear strike. Both nations were building their arsenal of nuclear warheads so that they would be the strongest country. Many feared that if Russia won the war that Communism would spread through the country. It was no secret that there were already Americans who were fans of the system. Communism had already taken Russia and China at the time. The domino effect affected many Americans when it came to their fear of communism. They feared if one country fell to communism then they all would. They were also losing the war in Vietnam against a communist party. Americans are proud of their capitalist system and did not want to lose it. This is highlighted in the film as well. They opted to attack Russia before the Russianââ¬â¢s can attack them. Americanââ¬â¢s had planes armed with nuclear warheads so that they could attack at any moment. The assumed that war wasShow MoreRelatedThe Revolution Of The United States865 Words à |à 4 Pagesto the United States. The progressives brought change through industries, social movements and the economy. The progressives, (as their name suggests) brought progress to America that forever changed the United States for the better. Without the progressives Americas change to more government involvement for the time being would never have happened thus showing the American people what is truly ââ¬Å"Americanâ⬠. As the industrial age was booming and factories were abundant among the United StatesRead MoreThe Revolution Of The United States1297 Words à |à 6 Pagesstated in the Constitution as well as stated by the philosopher John Locke, is the basis for the United States of America as we know it today. The notion that all humans were created equal and that all people are entitled to basic human rights came from the various experiences the colonists faced through the Revolution, which was a vital influence in the creation of the Constitution. The revolution was a key turning point in American history, it was when the American colonies rejected the idealsRead MoreThe Revolution Of The United States1150 Words à |à 5 PagesPresident Jimmy Carter allowed the Shah to enter the United States for cancer treatments. 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Most, people emphasize that the train was a major factor in the market revolution; although, the trains played a huge part in spreading the market from coast-to-coast; there canRead MoreThe Revolution Of The United States2051 Words à |à 9 PagesJacksonian Revolution In the early 1800s, it was generally known that in order to vote, a person was required to have a ââ¬Å"stakeâ⬠in society, they either had to pay taxes or own so many acres of land. Voting rights varied throughout the colonies, for example, some colonies added restrictions due to the religious beliefs of the voters. Furthermore, under the United States Constitution the presidential electors were chosen by the state legislatures not by the people, as well, eligibility to vote forRead MoreThe Revolution Of The United States1479 Words à |à 6 Pagespeople hoped for change. They put their trust in Andrew Jackson, hoping that Jackson would defend the rights of the common people and slave states. When Jackson was popular, some states changed their qualifications for voters to grant more white male suffrage. This usually excluded free blacks from voting, even though they were allowed under the original state constitutions. Political parties began holding nominating conventions, where the party members choose the partyââ¬â¢s candidates instead of theRead MoreThe Revolution Of The United States1020 Words à |à 5 Pageslost power, fuel, money and other essential in order to run a country. When a country is lacking resources, tension would more than likely increase. However, after the collapse, they became a special development within the Cuba for tourism. The revolution was designed against the ideas of tourism. Yet, tourism would create jobs and enable dollars to come into the country. However, it with the new interest within tourism and capitalism, that further open up ideas of race. It would reproduce certainRead MoreThe Revolution Of The United States939 Words à |à 4 PagesThe whole story began in 1985, in the not too distant era, throughout the United States large-scale riots broke out, and a group of pregnant superhero abilities will assist the government suppressed the rebellion, these superheroes usually all have their ordinary identity, not their true selves, and they all have their own code. Headed is called Rorschach Walter Kovacs (Jackie Earle Haley ornaments), there s Dr. Manhattan Joe Osterman (Billy Crudup ornaments), ghost Sally Jupiter (Carla GuginoRead MoreThe Revolution Of The United States1064 Words à |à 5 Pageswere not happy when Spanish mess with their right and religion. They did not like when only the elite had a say in Mexico, so they revolted. What they haven t satisfied with the government was being run, so they protest in the street after the revolution. There this underlying cause of the people uprising against the government when mistrust when individuals in power abuse their power over the people. It has been a pow er struggle of over what people of Mexico wanted and what Nation wanted. ThoughtRead MoreThe Revolution Of The United States891 Words à |à 4 Pagesgave up with his plans for the land and was in need of money for his war with Britain, the U.S. received the bargain of all of the Louisiana Territory for 15 million dollars after months of inaction. Thomas Jefferson was a passionate supporter of state rightsââ¬â¢ associating himself with the Republican Party. Jefferson intensely spoke against a strong federal government, due to his everlasting fear of tyranny. In late April of 1803 Jefferson is faced with a moral dilemma either choice he was to make
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