Using Words Correctly, Effectively, and Imaginatively

Make or Buy Decision - 886 Words

Make or buy decision Definition of Make-Or-Buy Decision The act of choosing between manufacturing a product in-house or purchasing it from an external supplier. In a make-or-buy decision, the two most important factors to consider are cost and availability of production capacity. An enterprise may decide to purchase the product rather than producing it, if is cheaper to buy than make or if it does not have sufficient production capacity to produce it in-house. With the phenomenal surge in global outsourcing over the past decades, the make-or-buy decision is one that managers have to grapple with very frequently. Make-Or-Buy Decision Factors that may influence a firms decision to buy a part rather than produce it internally†¦show more content†¦Your decision will be based on the values of these four numbers. Lets have a look at the numbers now. They are quite self-explanatory. 1. The volume 2. The fixed cost of making 3. Per-unit direct cost when making 4. Per-unit cost when buying Now there are two formulas that use the above numbers. They are Cost to Buy and Cost to Make. The higher value looses and the decision maker can go ahead with the less costly solution. Reasons for Making There are number of reasons a company would consider when it comes to making in-house. Following are a few. 1. Cost concerns 2. Desire to expand the manufacturing focus 3. Need of direct control over the product 4. Intellectual property concerns 5. Quality control concerns 6. Supplier unreliability 7. Lack of competent suppliers 8. Volume too small to get a supplier attracted 9. Reduction of logistic costs (shipping etc.) 10. To maintain a backup source 11. Political and environment reasons 12. Organizational pride Reasons for Buying: Following are some of the reasons companies may consider when it comes to buying from a supplier. 1. Lack of technical experience 2. Suppliers expertise on the technical areas and the domain 3. Cost considerations 4. Need of small volume 5. Insufficient capacity to produce in house 6. Brand preferences 7. Strategic partnerships The Process: The make or buy decision can be inShow MoreRelatedMake or Buy Decision900 Words   |  4 PagesMake or buy decision Definition of Make-Or-Buy Decision The act of choosing between manufacturing a product in-house or purchasing it from an external supplier. In a make-or-buy decision, the two most important factors to consider are cost and availability of production capacity. An enterprise may decide to purchase the product rather than producing it, if is cheaper to buy than make or if it does not have sufficient production capacity to produce it in-house. With the phenomenal surge in globalRead Moremake or buy decision1996 Words   |  8 Pagesï » ¿Make-or-buy decision Business Spot Taiwanese smart phone maker HTC Corporation is considering outsourcing manufacturing to other companies to improve its efficiency. Before building its own brand, HTC concentrated on manufacturing low-end smart phones for companies like Apple. However, in recent years, HTC has been under pressure from shareholders to reduce costs because of loss net operating income for the third quarter of 2013. Now, HTC wants to change its strategy; they want to concentrateRead MoreApples Make vs Buy Decision1255 Words   |  6 PagesApple’s Make-vs.-Buy Decision Recruitment Approaches for Apple Apple would be best served with sourcing recruitment efforts from private employment agencies for their top technology or engineering positions. Considering the secrecy that surrounds Apple products, head hunters would be able to source out potential right fit candidates for Apple’s top positions. For their more entry level tiers, recruitment efforts at Colleges and Universities would be an effectiveRead MoreApples Make vs Buy Decision742 Words   |  3 Pagesâ€Å"Apple’s Make vs. Buy Decision† Instructor: Matthew Gonzalez Course: Human Resource Management Foundation Date: April 27, 2012 Abstract In my research, based on the information given but in my own words, I will explain what approaches to recruiting might be best suited for Apple’s talent acquisition. I will suggest three ways that Apple can effectively plan HR resources, and rank them in order of cost implementation. I will also discuss the benefits thatRead MoreOperation Management Assignment : Make or Buy Decision2928 Words   |  12 Pagesexplores one of the fundamental processes in most businesses, the make-or-buy decision. This research scrutinizes the theory related to the make-or-by decision, its importance in businesses strategy, criterions to be considered in the process as well as its advantages and disadvantages. Further investigation conducted revealed the reality of make-or-buy decision and it was found that decision makers rarely apply strategic decision making rules based on sound reasons resulting in unpremeditated andRead MoreA Make-or-Buy Decision at Baxter Manufacturing Company179 8 Words   |  8 PagesDecide Transcript A Make-or-Buy Decision at Baxter Manufacturing Company Scenario Summary Baxter Manufacturing Company (BMC) is a leader in deep-drawn stampings. It has been in business since 1978 as a privately held company. The process for making these stampings is very involved and complex. BMC developed methods for efficiently producing large volumes of stampings while keeping their quality very high. BMC uses state of the art machines to make the stampings and they make all the tooling necessaryRead MoreBoeing Case -Review of the Make-or-Buy Decision for 878 Aircraft1060 Words   |  5 PagesTo: Mr. Frame CC: Larry DuCharme From: Jason Kee Subject: Review of the Make-Or-Buy Decision for 878 Aircraft Executive Summary As per our conversation last week, I have calculated the cost estimates you requested regarding whether we should manufacture the new 878 body sections ourselves or purchase them from the Japanese supplier. Based on the information given to me by the various departments involved, I have come to a conclusion that it would be to our advantage to produce the body sectionsRead MoreWhat Factors Must a Firm Consider While Addressing the Make or Buy Decision?3664 Words   |  15 PagesQ: 3 (A) What factors must a firm consider while addressing the make or buy decision? Ans: International Operations management and corporate strategy: Operations management of an International business needs to be integrated with the firm’s corporate strategy. The central role of operations management is to create the potential for achieving superior value for the firm. If operations management takes Rs. 100 worth of inputs and brings out product worth Rs. 150, it has crated considerable valueRead MoreMake or Buy1421 Words   |  6 PagesMAKE OR BUY Management decision should be based on careful consideration of all the factors, including implication as regard to tax liability. Keeping view various tax implications that are relevant while taking some specific management decision under different provision of Income tax Act have dealt with: Make or Buy: One of the vital investment subject to the influence of tax factor is â€Å"Make or buy decision†. Most of the companies have to decide sometimes or the other whether they should buy aRead MoreAppealing Packaging : Alluring Plastic? Fantastic Box? Appearances Of Products1241 Words   |  5 PagesAppealing packaging? Alluring plastic? Fantastic box? Appearances of products always attract people before they decide to buy. Therefore, most individuals are actually purchasing the â€Å"packaging† instead of the real products that they first intended on buying. Hine mentioned, â€Å"Packaging are an inescapable part of modern life† (93). However, how can we discover the authentic value from the superficial packaging? Nowadays, the number of goods has increased since the past, there are more choices available

The Bombing Of The United States - 1168 Words

September eleven 2001 two planes were highjacked and flown into the twin towers as a suicide mission. This was the first major terrorist attack on the United States. Terrorism has taken so many innocent lives. Its an issue we deal with on a daily basis. Because of this, President George Bush took extreme measures and was very successful on the global war on terror. He made multiple changes to laws and regulations to help keep American citizens safe. Despite the extreme measures former president George Bush took, the war on terror is not a winnable war.We can take pro cautions to terrorist attacks to a minimum in the United States but this war is something that is ever going to end. Many American citizens say that terrorism started in the United States with the home grown incident known as the Oklahoma City bombing. This terrorist bomb was an attack on the Alfred P. Murrah Federal Building in down town Oklahoma City. The blast from the bomb destroyed and damaged 324 buildings within a 16 block radius. This attack killed 168 people and injured more then 680 others. Timothy McVeigh and coconspirator Terry Nichols were motivated by their hatred for the federal government.Another example of terrorist attacks on the United States is February 26, 1993, A bomb exploded in the basement garage of the World Trade Center, killing six and injuring at least 1,040 others. In 1995, Islamist Sheik Omar Abdel Rahman and nine others were convicted of conspiracy charges. The government alsoShow MoreRelatedThe Bombing Of The United States1105 Words   |  5 Pagesfor achieving political ends. By the 2000’s, bin Laden had directed various attacks against the U.S. through the al-Qaeda terror network, including the 1993 World Trade Center bombing and the 1998 U.S. embassy bombings in Africa (Mulhausen). On September 11th, 2001 things would change, Bin Laden would strike on United States soil. Nineteen terrorists hijacked four separate planes and crashed them into World Trade C enter one and two and into the Pentagon while a fourth plane crashed in a field nearRead MoreThe Bombing Of The United States Essay843 Words   |  4 Pagescitizenship became questionable when terroristic acts were committed against America. Because the FBI and law enforcement agencies’ first and foremost agenda was to keep Americans safe, answers were needed immediately to determine if there were plans for bombing other U.S. cities, and they made the most logical decision within the context of the law to react quickly by delaying Tsarnaev’s Miranda Rights justifiably. In the first place, Tsarnaev’s citizenship became questionable when terroristic acts wereRead MoreThe Bombing Of The United States1688 Words   |  7 Pageshouse, full of men, women, and children, would be acceptable. The officials commanding the operation lacked a display of consideration for human lives, and also respect for the neighboring people and properties surrounding the MOVE compound. The MOVE bombing also epitomizes larger issues of both racial and class prejudices that are prevalent in American society even today. The organization MOVE is a radical, revolutionary group based in West Philadelphia, Pennsylvania. MOVE members live their lives basedRead MoreThe Bombing Of The United States2301 Words   |  10 Pagesplanned to hijack four airliners and threatened them with suicide attempts against the United States. When the first plane hit the twin towers, there was immediately live TV broadcasting. 18 minutes later, as many people from the first tower were calling for help, another plane was crashed into the second tower. This was when everyone immediately knew that America was under attack. In October of 2001, the United States immediately began to investigate the causes of this terrorist attack. Everyone wantedRead MoreThe Bombing Of The United States Essay1783 Words   |  8 PagesIntroduction Whenever Al-Qaeda is mentioned in the United States, terrorist attacks flush in people`s mind. The organized crime group poses a threat to this country. The history of this threat dates back to the year 1998 when Al- Qaeda pioneered the bombing of the US embassy in Nairobi (Kenya) and Dar es Salam (Tanzania). As if not enough, the group proceeded further to plan the September 11th attacks were four United States commercial airlines were hijacked and crashed in different areas withinRead MoreThe Bombing Of The United States1463 Words   |  6 PagesSeptember 11th, 2001, the United States of America was attacked on its soil when alleged Al-Qaeda members hijacked four passenger planes, Boeing 757s. Two planes flew into the North and South Towers of the World Trade Center in New York, one plane flew into the Pentagon, and the remaining plane was possibly targeting the White House or the Capitol but was unsuccessful. People all over America felt an utter shock and disbelief after this tr agic event as people demanded answers. After the terroristRead MoreThe Bombing Of The United States850 Words   |  4 Pagesother government agencies have gotten together, evaluated all known and possible vulnerabilities in all areas of the U.S. security systems in ports, on land and in the air to eliminate them. So far the U.S. has been very resilient, with the focus on a united front, a collaboration of efforts to restore and maintain peace worldwide. We suffered a terrible loss from the attacks of 9/11 and people have seen the effects of division and carelessness, making them more willing to work with the DHS, TSA, CustomsRead MoreThe Bombing Of The United States1597 Words   |  7 Pagesaffiliated with Al Qaeda had the ability and means to carry out an attack on the U.S. and Western places and persons located in Libya. Recommendation-The intelligence community and State Department must communicate better, especially in high threat areas. Finding #2 Through numerous intelligence reports the State Department should have implemented a higher security posture in Benghazi based on the situation on the ground. Prior to this, two other attacks occurred at a Temporary Mission FacilityRead MoreThe Bombing Of The United States Essay972 Words   |  4 Pages On September 11th, 2012 a United States outpost in Benghazi, Libya, was attacked. Leaving four Americans killed, Ambassador Chris Stevens, Information Officer Sean Smith, and two CIA operatives, Glen Doherty and Tyrone Woods, both former Navy SEALs. Stevens is the first U.S. ambassador killed in an attack since Adolph Dubs was killed in 1979. Questions have continued to arise over the role of then-Secretary of State Hillary Clinton in the attack — or rather lack of role to do anything to helpRead MoreThe Bombing Of The United States1357 Words   |  6 PagesSeptember 11,2001, it was a tragic day across the country of United States, from New York all the way too California. Everyone took one moment of silence as one whole nation that day and work was cancelled as everyone starred at Television watching the news to find out more information on what happened to their country. The attack on the U.S. changed everything from that day forward. This attack opened up new acts and cha nge our national security. The American people and people in other countries

Hotel Offices Marriott International Essay - 1272 Words

Introduction Marriott International, Inn is an American enhanced accommodation organization that oversees and establishments a wide arrangement of inns and related hotel offices. Established by J. Willard Marriott, the organization is currently driven by his child, Bill Marriott and Chief Officer Arne Sorenson. Marriott International has more than 4,087 properties in more than 80 nations and regions around the globe, more than 697,000 rooms (starting July 2014), and extra 195,000 rooms in the advancement pipeline. In June 2014, Marriott International opened their 4,000th inn, the Marriott Marquis in Washington, D.C. On November 16, 2015, Marriott said it would buy Starwood Hotels and Resorts Worldwide for $12.2 billion. The arrangement would make the world s biggest lodging organization. Security At Marriott International we comprehend and value that today s voyagers are more worried than any other time in recent memory about their wellbeing and security. Security has dependably been one of our top needs and in the course of recent years we have expanded our core interest. Security methods and danger appraisals at our properties are investigated frequently. Our staff has been prepared to evaluate and react suitably to debilitating circumstances and our inns work intimately with nearby, state, government, and worldwide powers. Also, we work with the U.S. Division of State in setting up security conventions for our inns. Since every property isShow MoreRelatedHurricane Maand Case Study775 Words   |  4 PagesHurricane Irma and impending Hurricane Maria, it is of increased importance that Marriott International concentrates on its operations in the Caribbean. In some areas, Hurricane Irma’s 185-mile-per-hour winds resulted in devastation that will remain for years. The U.S Virgin Islands, home of the Frenchman’s Reef Morning Star Marriott Beach Resort, suffered tremendously. This Marriott Beach Resort is now waiving hotel cancellations and changing fees for certain arrival dates. To make matters worseRead MoreStrategic Marketing Plan F or Marriott1359 Words   |  6 PagesEvolution Marriott had a very colorful history and expanded and grew mainly through mergers and acquisitions. For example, the first international expansion was the acquisition of an airline catering service in 1966. In 1987, Marriott continued the expansion by acquiring Fairfield Inn and Residence Inn and entered the lower-moderate lodging segment. The rapid growth and global acquisitions fostered lots of powerful strategies. These strategies were vital for Marriott to sustain and be successfulRead MoreIndustrialization Of Hotel Service And Processes Of Globalization And Integration1540 Words   |  7 PagesIndustrialization of hotel service and processes of globalization and integration which are typical for global hotel industry led to the situation that hotel chains took an important and valuable position in hotel industry because of perfect organization and because of the fact that they are technically and technologically highly advanced. Nowadays centralization and integration are common for hotel industry all over the world. Almost all hotel chains regardless of ratings feel pressure of hardRead MoreThe Year Of The Mergers And Acquisition Essay1500 Words   |  6 Pagesfailed because of Arbys lack of international exposure, and Chrysler failed because of cultural differences. Although the organizations failed for different reasons, the common trend is not having a good integration plan. The integration plan should include a clear strategy that combines the two cultures and uses IT frameworks to facilitate it. My organization (Starwood Hotels Resorts Worldwide Inc.) is currently going through a merger with Marriott International Inc. I am beginning to see theRead MoreAnalysis Of Marriott International Inc.1208 Words   |  5 Pagesinfluence employees to be further engaged in their positions. Marriott International Inc. is a globally leading lodging company which is based in Bethesda, Maryland, USA. Marriott has 146,000 employees from different nations, speaking more than 50 languages and working for Marriott in 66 countries around the globe. (18) Marriott has more than 4,300 properties in 81 countries and territories. The company operates and franchises hotels and licenses vacation ownership resorts under 19 brands, includingRead MoreOrganizational Structure and Strategy: Interclean Case Study749 Words   |  3 PagesOrganizational Structure and Strategy InterClean has an organizational structure that is far more aligned to its business strategy than the hotel brand Marriott and much more like that of the Ritz-Carlton, at least prior to InterCleans impending shift in strategic focus. Marriott shifted its strategy and its structure several years ago, after an internal review revealed a basic lack of solid structural control when it came to sales and operations, and thus an non-cohesive, inconsistent and ineffectiveRead MoreHilton Hotel1075 Words   |  5 PagesHilton’s suppliers The touches that make Hilton Worldwide. Their supply management professionals in corporate offices and their six regional offices negotiate and implement contracts and agreements with suppliers of products and services in three key areas – Food amp; Beverage (Famp;B), Guest Rooms and Public Space, and Property Operations ------------------------------------------------- Food amp; Beverage Hilton Supply Management works closely with national and regional food and beverageRead MoreSwot Pest Analyse of Marriot International2303 Words   |  10 PagesMarriott International Introduction This research focused on SWOT analysis, Porters 5 forces model and PEST analysis of Marriott . Marriot International is a leading company with more than 3,700 lodging properties in 73 countries and territories. [Marriott International] Marriott International manages many hotels brands. Marriott Hotels amp; Resorts are located more than five hundred hotels, two-thirds of them - in the U.S. This is a hotel with a full range of services: they are equipped fitnessRead MoreEssay on Marriott International2309 Words   |  10 PagesThe Marriot International Hotels have had a long standing history of being recognized as one of the most prestigious hotels. The Marriot Hotel has specific expectations and responsibilities that are expected from their employees on a regular basis. Their reputation derives from the conduct of the Marriott associates who create this professional business environment on a day to day basis. The hotel industry can be a very unpredictable environment. Employees at the Marriott are confronted with situationsRead MoreA Report On Hospitality And Tourism Industry2 538 Words   |  11 Pagesdiscern the heart of the hotel business. By conducting this experiential learning project in a hotel, our group was able to observe and identify the front office operation and manager’s daily tasks. The hotel we chose for this project is Toronto Marriott Downtown Eaton Centre Hotel, which is one of Toronto’s Premier hotels with four stars and diamonds according to Forbes Travel Guide and AAA. The reason that we chose Marriott Eaton is because it is one of the largest chain hotels in North America that

Corporate Information about Intel Corporation

Question: Describe about the Corporate Information about Intel Corporation? Answer: Background of the company Intel Corporation is an American-based company. The company has its headquarters at Santa Clara. This company is regarded as the worlds largest semi conductors chip manufacturing company. This award was rewarded based on the revenue numbers of the company. The Intel Company, from the past many years, has been engaged n supplying processors for the company to many renowned companies including Apple, Samsung, etc. This company was founded in the year 1968. Till date the company has been engaged in manufacturing multiple devices related to computing and communications which include motherboard chipsets, network interface controllers and integrated circuits, graphics chips, flash memory, embedded processors, etc. The management of the company in the early 90s have realised to growth in the IT industry and based on this; the company has made the big investment on chip manufacturing. The company in the early 1980s manufactured DRAM and SRAM memory chips. This inventory catered their major revenue in those years. Further, in the year 1971, the company manufactured the world's first commercial microprocessor chip. The management of the Intel Company has currently started their research work on electrical transmission and generation. The Company has recently developed the 3D transistor that will work in the energy efficiency and performance stream. The management of the company focuses on striving the transparency in how the company carries out the business. They consistent believe in interacting with their stakeholders and informing them about the performance of the company. Major competitors of the company The Intel Corporation is the worlds largest semi conductors chip manufacturing company. The company operates through six segments with one competitor each for every segment. Operation segments for Intel Corporation Competitors PC Client revenue and operating segment IBM DEG microprocessor segment Microchip Technology DEG chipset Advanced Micro Devices (AMD) Data centre group segment Avago Technologies Flash memory segment Microchip Technology Software services group Symantec The Intel Company has been placed very nicely in the industry. In the present day, the Intel Company is the largest chip processor in the world, in terms of the revenue. Recent development within the company In the recent times, the management of the Intel Company has acquired Altera Corporation. This acquisition has been regarded as the milestone for the success of the company going forward. Further during the current year, the company declared a cash dividend of 24% n its common stocks. In terms of dollars, the dividend amount comes close to 96 cents per share. The management of the company decides to make an investment worth $50 million to make advancement in the Quantum computing. For this advancement, the Intel Corporation has entered into ten years collaborative relationship with the Delft University of Technology for carrying out the research work. In the recent times, the US court finalises the law suit for the tech workers. In this case, workers have accused the Intel Corporation and other big companies of poaching each other's employees, thus limiting job mobility. Further, the Intel Company decides to make an investment worth $5 million in the coming five years to develop its engineering relationship with Georgia Institute of Technology. Future development for the Company The top management of the Intel Corporation plans to invest $300 million to increase the diversity levels within the company and within the Tech Industry. The management further plans to increase their hiring levels in the coming years with proper retention plans for the exiting employees. The Corporation announces future joint efforts with Google to manufacture low price power ultra notebook on Android platform. Stock Market Analysis of Intel Corporation The stocks of Intel Corporation are listed on NASDAQ. Currently, the stock of Intel Corporation is trading at $29.75. The market capital of the company stands close to $140.44 billion. There have been consistent ups and downs in the stock prices of the company. Especially in the year the 2009, the stock prices of the company dipped down to close to $12. However, after that dip, there has been consistent growth to the stock. There has been little fluctuation in the prices, but the same is consistently moving an upward direction. The company is very consistent with providing the dividend to its shareholders. In the past dividend history, it is noted that the company has declared dividend 4 times every year. From the past three years, the company is declaring dividend worth 0.225 dollars every quarter. Growth Chart for Intel Corporation (10Years) Ratio Analysis of Intel Corporation Ratio analysis is being used a technique for financial statement analysis purposes. It is being used to understand the financial performance and position of the company. The management of the company can use it for understanding the movement of the company over the prior periods. These calculations are being used by the stakeholders and shareholders to understand and analyse the financial position of the company and use the same for decision making purposes at times of investment. The financial ratios of Intel Corporations for the year 2013 and 2014 are as follows: Profitability 2013 2014 Tax Rate % 23.72 25.93 Net Margin % 18.25 20.95 Asset Turnover (Average) 0.6 0.61 Return on Assets % 10.89 12.7 Financial Leverage (Average) 1.59 1.65 Return on Equity % 17.58 20.51 Return on Invested Capital % 14.27 16.57 Liquidity/Financial Health 2013 2014 Current Ratio 2.36 1.73 Quick Ratio 1.12 1.15 Financial Leverage 1.59 1.65 Debt/Equity 0.23 0.22 Efficiency 2013 2014 Days Sales Outstanding 25.67 26.16 Days Inventory 76.71 76.07 Payables Period 51.61 51.5 Cash Conversion Cycle 50.77 50.73 Receivables Turnover 14.22 13.95 Inventory Turnover 4.76 4.8 Fixed Assets Turnover 1.77 1.73 Asset Turnover 0.6 0.61 Market Value 2013 2014 PE ratio 9.015 13.56 Price to Book ratio 2.064 2.304 (Source_ Financial Morningstar) The financial performance of the company has shown large foot steps towards success. The revenue of the company has increased tremendously over the period of last five years. The major jump in the revenue has increased by nearly 30% in the year 2010, after that year, the sales have increased by 5%-8% every year. With the increase in the revenue numbers of the company, operating expense of the company has also increased. In spite of these facts, the management of the Intel Corporation can maintain the net profit of the company above20% level. Looking at the above ratio, it appears that the company maintains a strong financial stand. The Current ratio reflects the current liabilities of the company in terms of its current assets of a business. This ratio checks the ability of the firm to cater out its debts over the coming period of 12 months. The market liquidity and firm's ability to meet out the demands raised by creditors is indicated by this ratio. In the case of Intel Corporation, the current ratio stands at around 170% in the year 2014. This ratio has although decreased from the prior periods. On the other hand, the quick ratio keeps a track on the liquidity of the company. This ratio checks the ability of the company to meet out its short-term obligations through the help of its liquid assets. In the case of Intel Corporation, the quick ratio stands at around 115%. These ratios are maintained on a considerable basis, in comparison to last years. The company has maintained the gross margin ratio close to 60% over th e last five years. However, there have been some fluctuations in the net profit of the company but still the management of the company are able to maintain the ratio above 20%. The return of total asset stands near to 11% which shows the return the company is expecting on its total assets. There have been some fluctuations in the initial years but since past 3 years the ratio is consistent enough. However, there has been an increase in the debt equity ratio of the company. The debt-equity ratio stands close to 5% by the year 2010 but after that year, the ratio increased consistently and reached to 22% by 2014. Although the sales of the company have increased over the period of last five years but still the company is able to maintain the inventory turnover close to 4.5. For these manufacturing companies, it is important for them to maintain a proper cash rotation. Intel Corporation in this case, is far ahead from other companies. The cash conversion cycle stands close to 50 days for the past 2 years. This is more important being in this period, the sales of the company has witnessed huge growth. The PE ratio of the company also stands on a higher side. The company is expecting to have its PE ratio close to 13.76% by the year 2016. The company on the other hand is very well in maintaining the inventory level. Despite to the fact that the companys sale has increased over the period, the days inventory stands near to 80 days. Avago Technologies is regarded as the biggest competitors of Intel corporations. This company is incorporated in Singapore and has its headquarters in both Singapore and in California. This company is also engaged in manufacturing of the semiconductors segment. Avago Technologies is listed on NASDAQ stock exchange. The company in the year 2013 acquired LSI Corporation which acted as a milestone for the company and helped them to enter into the industry which will help them in entering the manufacturing line of chips etc. The company by the year 2014 became the worlds ninth largest semiconductor company. The company further sold the LSI's Axxia Networking business to Intel Corporation for $650million. Profitability 2014 (Avago Technologies) 2014 (Intel Corporation) Tax Rate % 9.65 25.93 Net Margin % 6.16 20.95 Asset Turnover (Average) 0.61 0.61 Return on Assets % 3.78 12.7 Financial Leverage (Average) 3.24 1.65 Return on Equity % 8.58 20.51 Return on Invested Capital % 6.13 16.57 Interest Coverage 4.11 Liquidity/Financial Health 2014 (Avago Technologies) 2014 (Intel Corporation) Current Ratio 3.77 1.73 Quick Ratio 2.35 1.15 Financial Leverage 3.24 1.65 Debt/Equity 1.68 0.22 Efficiency 2014 (Avago Technologies) 2014 (Intel Corporation) Days Sales Outstanding 51.3 26.16 Days Inventory 61.34 76.07 Payables Period 60.5 51.5 Cash Conversion Cycle 52.14 50.73 Receivables Turnover 7.12 13.95 Inventory Turnover 5.95 4.8 Fixed Assets Turnover 4.69 1.73 Asset Turnover 0.61 0.61 Market ratio 2014 (Avago Technologies) 2014 (Intel Corporation) PE ratio 27.01 13.56 Price to Book ratio 4.547 2.304 (Source_ Financial Morningstar) There has been a jump in the share prices of Avago Technologies. The stock prices were near to $56 by the year 2014 but by the end of the year 2015 the same reached to $119. By looking at the financial ratios of Avago Technologies, it looks like a fluctuating company. The financial position of the company is not stable. The movement in the net profit ratio speaks the same. This is not only the case with the net profit ratio of the company but even the gross profit ratio of the company is not stable. There have been consistent ups and downs in these ratios, making it difficult for the investors to judge the financial performance of the company going forward. The revenue of Intel Corporation is 10 times higher than the revenue of Avago Technologies. However the company is growing and the increase in revenue numbers by 60% in the year 2014 as compared to 2013 speaks the companys performances. Being Intel Corporations turnover s very much higher than Avago, still the management of Intel is able to manage the net profit and Gross profit levels of the company on a higher side and most importantly consistent over the years. The GP ratio of Avago Technologies is although improving over the period and by the year 2014; they are able to manage the GP ratio close to 44%. The shareholders of the company are interested in knowing the return which they would be getting for the investment they have made in the company. They are likely to make investment in the stock whose return is higher and most importantly consistent in nature. In the case of Avago Technologies, the return on equity is not consistent and in the year 2014, the same has fallen to 9%. Whereas in the case of Intel, the return on equity is consistent and stands close to 20% over the period of last 5 years. In terms of the financial health of the company, the Avago Technologies current ratio stands close to 300%, and the quick ratio stand near to 200%. However, in case of Intel Corporation, the current ratio stands close to 170%, and the quick ratio stands near to 115%. However, the dependence of Avago Technologies on the debt for meeting its operations is relatively on the higher side than Intel corporations. The debt-equity ratio in case of Avago Technologies stands close to 170% which is on a higher side. Investment decision The shareholders of the company are interested in knowing the return which they would be getting for the investment they have made in the company. They are likely to make an investment in the stock whose return is higher and most importantly consistent in nature. In the case of Intel Corporation, the return is on the higher side. Further, the corporation is providing dividend on a regular basis that is the most requirement to attract the shareholders. The stock prices of the Corporation are also increasing on a regular basis. Looking at the financials of the company, it is evident that the company has a strong financial background. The company is relying more on equity for carrying out its operations rather than on debts but in recent years, the debts portion has increased but still the same is manageable. For the investor, Intel Corporation is an ideal company. The company as adequate investment plans for its future. The company is looking to increase its line of business and has recently announced future joint efforts with Google to manufacture low price power ultra notebook on Android platform. Further, the top management of the Intel Corporation plans to invest $300 million to increase the diversity levels within the company and within the Tech Industry. Thus looking at all these points, the investor should decide to make the investment in the stock of Intel Corporation. References Intel Corporation, Corporate Information about Intel Corporation, viewed on 17th Jan 2016 https://www.intc.com/corpInfo.cfm Reuters, Key Developments: Intel Corp (INTC.O), viewed on 17th Jan 2016, https://in.reuters.com/finance/stocks/INTC.O/key-developments Intel Corporation, Intel CEO Outlines Company's Plans to Lead Future of Computing, viewed on 17th Jan 2016 https://newsroom.intel.com/community/intel_newsroom/blog/2011/09/13/intel-ceo-outlines-companys-plans-to-lead-future-of-computing Stock prices of Intel Corporation, viewed on 17th Jan 2016, https://www.marketwatch.com/investing/stock/intc/analystestimates?CountryCode=US Financial Morningstar, Financial ratios of Intel Corporation., viewed on 17rd Jan, 2016, https://financials.morningstar.com/ratios/r.html?t=INTC Financial Morningstar, Financial ratios of Avago Technologies., viewed on 17rd Jan, 2016, https://financials.morningstar.com/ratios/r.html?t=AVGO Avago Technologies, Background of the company, viewed on 17rd Jan, 2016, https://www.avagotech.com/ Annual report of Avago Technologies, Annual report 2014, viewed on 17rd Jan, 2016, https://www.annualreports.com/Company/avago-technologies-limited Annual report of Intel Corporation, Annual report 2014, viewed on 17rd Jan, 2016, https://www.intc.com/intel-annual-report/2014/files/Intel_2014_Annual_Report.pdf

Discuss the positive and negative aspects of kants Essay Example For Students

Discuss the positive and negative aspects of kants Essay idea of League of NationsAlong the years, we have witnessed in recent decades the ongoing globalization of world trade, followed by vast rates of investment, and witnessed a new interdependence of the global economic system. The income gap is growing at an unstoppable rate, both within countries and between developed and developing countries. This resulted in making poor people more poorer and rich people richer. There are many views and objectives of development. Long time ago, Kant believed in an idea for all the countries to united and have a similar history. Man through the help of nature developed into what we are now. At first we didnt have the vast technology that we have now so we used nature to develop. Every individual man would have to live for a vast length of time if he were to learn how to make complete use of all his natural capacities (Kant, 57). We could apply this now to the theory of Ricardo of comparative advantage. Where every nation should concentrate on what it produces the best and provides it to the world. This will provide the world with better goods and service because each country will be specialized it what it do best. If we live in a society every person could share his own thoughts of how to develop and improve so we leave much space for innovation. However, at the same time others believe that if a person works alone he always tries to become the best so he tries to be simply the best. Its true that people work best under the supervision of a higher power in other words a master. However this master should not forget the other person is a human and he has rights. For example, many multinationals are successful because they have good leadership so if we adapt t his to nations. I guess we would live in a better world. However the problem is who should lead the world? Defiantly it will be a human being so will he succeed? I guess if the United Nations was given more power in solving national and internationals problems we would be living in a better world. However now the United Nations is under the control of a couple of nation, who have the veto right, mainly the United States. But to live in better world each country should have equal power in the united nations and for example Sudan should have the same vote power if the united states so as we could improve and share the same history. I agree with kants idea of living in a society of freedom with laws because the definition of freedom is different from one person to another. One person could walk naked in the streets and say I am free and consider that this is his right. But laws must govern freedom so as not the world to go wild or to make evil part of humans to control them. To conclude, the globalized world we are living in today developing countries are developing a slow rate and maybe this is because developed nations are happy at the situation as it is now. This is because they use the developing countries as markets for them to sell their own products. Also its giving the developed world the opportunity to control the world specially the united states, which believes that is the master of the world. It is clear that kants ideas have started the idea of globalization thousands of years before it started. Now we are using some of his ideas to live. .uf892f8a72309338c62a4999f905f08a4 , .uf892f8a72309338c62a4999f905f08a4 .postImageUrl , .uf892f8a72309338c62a4999f905f08a4 .centered-text-area { min-height: 80px; position: relative; } .uf892f8a72309338c62a4999f905f08a4 , .uf892f8a72309338c62a4999f905f08a4:hover , .uf892f8a72309338c62a4999f905f08a4:visited , .uf892f8a72309338c62a4999f905f08a4:active { border:0!important; } .uf892f8a72309338c62a4999f905f08a4 .clearfix:after { content: ""; display: table; clear: both; } .uf892f8a72309338c62a4999f905f08a4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf892f8a72309338c62a4999f905f08a4:active , .uf892f8a72309338c62a4999f905f08a4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf892f8a72309338c62a4999f905f08a4 .centered-text-area { width: 100%; position: relative ; } .uf892f8a72309338c62a4999f905f08a4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf892f8a72309338c62a4999f905f08a4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf892f8a72309338c62a4999f905f08a4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf892f8a72309338c62a4999f905f08a4:hover .ctaButton { background-color: #34495E!important; } .uf892f8a72309338c62a4999f905f08a4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf892f8a72309338c62a4999f905f08a4 .uf892f8a72309338c62a4999f905f08a4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf892f8a72309338c62a4999f905f08a4:after { content: ""; display: block; clear: both; } READ: All Quiet On The Western Front (1266 words) EssayBibliography: