Opening a Restaurant in Sydney

Question: Discuss about the Opening a Restaurant in Sydney. Answer: Introduction Opening a new business is always characterized by various challenges. To ensure that this phase has the least effect on the new business, it is important to put in place the right considerations and strategies (Collings and Wood, 2009). Some vital factors to consider include the location, target market, availability of infrastructure and proximity to the raw materials and hence the suppliers (Daft and Armstrong, 2009). In addition, there is the vital need to consider the government policies and council laws governing business operations in the targeted location. In this report, we analyze then laid strategies intended to anchor the starting of Nepalese Fusion Restaurant. The main business objective involves serving clients from different walks of life with good quality foods, freshly made drinks and beverages (Griffin, 2010). This report shall entail a step by step record of what the management intends to implement in order to achieve its core objectives. The work shall then be summa rized by outlining the viability and practicability of the new business idea with reference to the factors mentioned above. Mission The mission of Nepalese Fusion Restaurant is to offer the people of Sydney high quality fast foods, drinks and beverages at competitive prices in addition to maintaining good customer relations. Vision The vision of NFR is to be one of the leading suppliers and providers of delicious foods and awesome drinks and beverages not only to the indigenous people of Sydney but to all people in the City and beyond. Goals and Objectives To enhance good customer loyalty through competitive prices and good quality products To improve convenience and ensure timely service to clients To maintain good customer relations by adequately satisfying their needs To build a dedicated workforce through motivation, team building, training and other measure of exposure. Location and Suppliers In addition to the fact that Sydney is the state capital of New South Wales, it is considered as one of the most populous cities in Australia (Harper, 2009). Demographic reports indicate an even distribution of not only the indigenous people of Sydney but a good number of foreigners inhabiting the city as workers in various organizations. In order to harness the merits associated with the relatively high population, Nepalese Fusion Restaurant shall be located along one of the streets which gives a good link between the central business district and the Sydney harbour. This location was chosen due to its good proximity to the target customers which enhances the market for the business products and services. The location was also picked on due to the good infrastructure around the region. This would go a long way in enhancing easy movement of raw materials into the restaurant, movement of clients in and out of the premises as well as the supply process in case of home deliveries. The r estaurants nearness to the harbour would be an added advantage due to the available option of using water transport for supply of products and reception of raw materials. Furthermore, the workers at the harbour and the visiting tourists shall serve to increase the potential market base of the restaurant. The restaurant shall depend on the services of various suppliers including; soft drink producers, fruits and vegetable suppliers and other raw materials which will then be finished locally within the restaurant. The fruits supplies shall be used to make salads and fresh juices to be sold to the clients at affordable prices. Supplies shall mainly be done through road and water transport, the latter being useful due to the restaurants proximity to the harbour. In order to create an appropriate balance, the frequency of supplies shall majorly be pegged on the level of need and demand. These strategies ensure the occurrence of minimal losses and reception of raw materials which the business might not necessarily require. To enhance consistency, the restaurant management shall seek to work with similar suppliers for a given period of time. The business-supplier relations shall be based on specific targets. If the interaction with a particular supplier meets the laid targets then they will be included as long lasting partners to the business. Hiring Strategy For effective organizational performance, there is an inevitable need for quality performance and good service delivery (Norman, 2013). As such, NFR will seek to work with the most skilled and dedicated workforce. As a hiring strategy, interview sessions shall be announced and arranged for the successful applicants. Those with prior experience and knowledge on hospitality management shall be highly considered for the top posts. The employment shall be on contractual basis and the agreements shall be renewed based on the rate of achievement of specific targets. As suggested by Giddens (2008), the employees shall be taken through further training in the initial stages in order to expose them on the mission, vision and objectives of the organization. As a follow up procedure to the rigorous hiring process, the new employees shall be exposed through exhibitions, conferences and various platforms where they can horn their skills in line with the responsibilities allocated to them. Target Customers and Advertisement As hinted in the organizations mission and vision statements, Nepalese Fusion Restaurant intends to capture customers from all walks of life. The primary target market includes the people of Sydney both operating within the CBD and the harbour. However, the business shall also use online platforms to reach out to clients who can then make their orders via these platforms before an immediate delivery is arranged. The process of door-to-door delivery shall be carried out majorly through vans and bikes. This strategy would be pivotal in enhancing the level to which the business shall penetrate the market. Using various media for instance television and the social media, the business intends to maintain closely knit ties with the clients to ensure their satisfaction. In addition, Nepalese Fusion Restaurant shall harness the provisions of technology to enhance its operations and also engage in e-Commerce. The customer feedbacks from the various platforms shall be used to consider the area s in need of adjustments and hence ensure a holistic performance by the business. In order to increase the popularity of the restaurant beyond its central location, the management has put in place numerous advertisement strategies (Murray, 2014). For instance, the business shall use the online platforms, television and billboards to improve the publics awareness about the products and services offered. The business also intends to use the monthly business articles to advertise its products and services to the readers not only in Sydney but all over the country. Cost Estimation The business intends to set off the project with a budget of $100,000. The amount shall be disseminated to cover various elements for instance initial package of worker remunerations, purchase of equipment, renovation of the building and payments on registration and licensing requirements. This amount is to be divided based on a guiding ratio in order to ensure that each phase is adequately funded. The capital shall be sourced from accrued savings in addition to a business loan. For the subsequent years, the business shall majorly depend on the profits made to enhance the financial maintenance. To achieve this, both the workers and managers shall operate with their focus on specifically set targets which when achieved shall attract constant rewards (Pankaj, 2011). This strategy is not only meant to increase the return on investment but also ensure proper motivation of the human resource. Legal Requirements Before setting up the business, the right considerations shall be made in order to ensure that the intended strategies are legally compliant. A prior understanding of the government policies on business operations within the CBD, pollution and pricing shall be vital. In addition, the Sydney council laws shall be adequately factored in hence ensuring that no procedure goes against any of these requirements. For instance, the government policies are stringent on pricing hence the business shall constantly review its pricing policies and ensure that they are aligned with the legal requirements. At the same time, Sydney council laws emphasize on environmental conservation hence the operations of NFR shall be keen on maintaining healthy standards. As a measure to ensure compliance with the legal requirements, the first step shall involve registration of the business in order to obtain the government permits. This permit shall be useful in defining the business scope of operation which in turn eliminates any issues with the authorities. Summary of procedure and Conclusion The process of starting the business shall be based on the design summarized below With the strategies outlined above, Nepalese Fusion Restaurant is bound to be a successful venture. This is because the high population provides a ready market which is one of the major factors worth considering before starting a business (Florida, 2014). Through the effective hiring strategies, the human resource department shall comprise dedicated and competent personnel. This would enhance quality service deliver which when added to good customer relations shall enhance customer loyalty. References Bernhard, H. (2008) Six lessons for the corporate classroom. Harvard Business Review, 66(5), pp. 12-56. Carliss Y. (2000) Design Rules: The Power of Modularity. Boston: Harvard Business School Press. Cohen, M. (2008) Productivity and Efficiency in Human Service Organizations as related to Structure, size and Age. The Academy of Management Journal, 23(1), pp. 21--37. Collings, D. and Wood, G. (2009) Human resource management: London: Routledge. Daft, R. and Armstrong, G. (2009) Organization Theory and Design. Toronto: Nelson. Giddens, M. (2008) Determining Organizational Effectiveness - another look, and an agenda for research. Management Science, 32 (5), pp. 514 --538. Griffin, T. (2010) Information technology, strategic decision making approaches and Organizational performance in different industrial settings. The Journal of Strategic Information Systems, 10(1), pp.101-119. Florida, R. (2014) The 25 most economically powerful cities in the world". City Lab Journal, 2(2), pp. 12-14. Harper, S. (2009) Configurations of Organizational Effectiveness and Efficiency. The Academy of Management Journal, 36(6), pp. 13451361. Murray, L. (2014) "Sydney's niche in global finance". The Sydney Morning Herald, 2(3), pp. 23-29. Norman, T. (2013) Personnel training and development. Annual Review of Psychology, 22(1), pp. 565602. Pankaj, G (2011) Cases on Redefining Global Strategy. Harvard: Business Review Press.

Organisational Strategy & Talent Management-Samples for Students

Question: Discuss about the Organizatioal Strategy and Talent Management. Answer: Talent management is an important tool for human resource management. In an organization, talent management is used to recruit, retain and develop the most talented human resources within the organization. Talent management is important for an organizations success. It is a well-known business strategy to attract the top talent in order to beat the rivals in the corporate cat race. When the stakeholders are told that the organization is dedicated towards talent management, it means that they will take effective steps to develop the talent of the employees. With the help of training and development, the employees talents and skills will be refined and polished so that it can be used for attaining the goals and objectives of the organization. Relationship between organizational strategy and talent management:- Talent management is a very crucial organizational strategy in the 21st centurys global business sector. Talent management is done through a number of management initiatives such as planning, organizing, staffing, directing and controlling the workforce to the optimum level. Talent management shares a very special relation with an organizations strategy. The strategy of any organization is to build up a commendable business empire and to build up such, an organization would require sufficient amount of talented employees (Armstrong Taylor, 2014).Here, the role of the talent management initiative becomes very specific. The sole substantial task of the talent management initiative is to professionally groom the new employees and to effectively train the existent employees. Talent management initiative helps in inculcating the practice of organizational behavior in an organization. Through the model of the organizational behavior, employees learn to work effectively as team members or as individuals and the employees also learn to observe the professional decorum in the organization. In addition to this, employees learn to participate and provide good business suggestions in the organizations decision-making process and to successfully overcome any organizational challenges. All the aforementioned things, collectively, help to realize the organizational strategy of a company. The organizational strategy for increasing the operational efficiency is often aligned with the developing the talent of the employees, so it can be said that talent management is a part of organizational strategy. Talent management is the tool that is used to increase the efficiency of the employees. The stakeholders of the organization will be informed that the talent and skills of the employees are the key elements that are required to achieve the organizational goals of heightened profitability and massive efficiency, so it is definitely a part of the organizational strategy. The organization will ensure the stakeholders that the talent management of the potential employees of the organi zation will be highly beneficial for the organization and the organizational strategy. (Silzer Dowell, 2010). Conclusion It can be concluded that the talent proficiency of the employees are very crucial in achieving the goals and objectives of an organization. It is a process by which the talented employees are recruited and retained within an organization. Organizational strategic planning is required in developing the skills of the employees as their collective efforts and efficiency would help the organization to meet its goals. As a result, it can be said that the relationship between the organizational strategy and the talent management is extremely relevant and apposite. References Armstrong, M., Taylor, S. (2014).Armstrong's handbook of human resource management practice. Kogan Page Publishers. Berger, L., Berger, D. (2010).The talent management handbook: Creating a sustainable competitive advantage by selecting, developing, and promoting the best people. McGraw Hill Professional. Collings, D. G., Mellahi, K. (2009). Strategic talent management: A review and research agenda.Human resource management review,19(4), 304-313. Silzer, R., Dowell, B. E. (Eds.). (2010). Strategy-driven talent management: A leadership imperative. San Francisco, CA: Jossey-Bass.

How to Write a Sample Argumentative Essay

How to Write a Sample Argumentative EssayTo help students prepare for the MLA Exam, colleges and universities are requiring their students to create a sample argumentative essay. An MLA Exam is a very competitive exam that requires students to be able to write persuasive essays. A sample essay in this case serves as a template for students to follow.The sample argumentative essay will tell students what they need to know in order to prepare for the exam. Most of the time, they will spend more time on creating a sample argumentative essay compared to the actual coursework.Writing an essay about a particular topic is more difficult compared to writing an essay that tackles a broad range of topics. Creating a broad topic that students can tackle will help them save time while helping them get better at writing persuasive arguments. All they need to do is to come up with a problem they have encountered in their daily lives and go into detail about it. They should also put forward a solut ion.The main focus of an essay like this one is to give students a better understanding of how to present an argument in writing. This can be a long process. Students should take time to study for this exam and write a good composition.When writing a document using the MLA, they should not try to write in a different way than what other people use. They should try to explain what they mean by the information. Students should also be careful to point out errors in grammar. While it is true that the examiners are not grammar experts, the mistake will reflect poorly on their ability to present an argument.Students should also consider the target audience of the sample argumentative essay they are creating before writing it. If they want to be able to prepare for their test, it is important to consider the fact that different audiences will react differently to argumentative writing.For example, if they want to write an essay that will stand out among the many others that are similar to it, they should be careful not to repeat the same argument. Instead, they should come up with a new idea and a new definition of the word 'definition'. Once they have created two or three different definitions, they should pick one that is best suited for the topic.In conclusion, writing a persuasive argument is not something that every student has the ability to do. By spending time studying for it, students will be able to develop their own persuasive style.

Essay Examples on Black panthers Essay Example

Essay Examples on Black panthers Paper 1st Essay Sample on black panthers Bobby Seale was one of the co-founders of the Black Panther Party. He was born on October 22, 1939 in Dallas Texas.By the time Bobby was ten his family moved to Oakland, California where he would have a rough childhood. Seales family was very poor so this only added to his dire childhood. Bobby eventually dropped out of high school and at 18 he was indicted into the Air Force. He was immediately sent to Amarillo, Texas to receive training as an aircraft sheet-metal mechanic. He soon graduated from the Technical School Class of Air Force training with honors.After that, he was moved to Rapid City, South Dakota at Ellsworth Air Force Base. Bobby served here for three and a half years and left with the rank of corporal. After he left the Air Force he enrolled at Merrit College in Oakland where he intended to study engineering. Bobbyfirst became interested in 1962 when hefirst heard Malcolm-X speak. During his enrollment at the University, he joined the Afro-American Association (AAA) which was an organization formed by young African-Americans in Oakland to try to confront the problems faced by the black community. We will write a custom essay sample on Essay Examples on Black panthers specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Essay Examples on Black panthers specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Essay Examples on Black panthers specifically for you FOR ONLY $16.38 $13.9/page Hire Writer This was an organization that tried to confront the problem faced by the black community. Seale got interested very quickly and was inspired by such people as Booker T. Washington and W.E.B. du Bois. Anothermember of the AAA named Huey Newton had very similar beliefs as Bobby. Soon Bobby became one of the many black activists who broke away from the traditional non-violent protests to preach a doctrine of militant black empowerment. Bobby and Huey became very close friends and in 1966 formed the Black Panther Party for Self-Defense. Bobby Seale is still alive today and is no longer involved in violent protests. He is running his own web site that tells of his adventures and why he did everything he did in his earlier years. 2nd Essay Sample on black panthers The Black Panthers, an organization of radical and political views, was founded in 1966 in Oakland, California. Huey P. Newton and Bobby Seales original goal when theyfirst founded this organization was to protect the African Americans from police actions that many blacks considered brutality. When theyfirst established this group, it was named the Black Panther Party. This Self Defense label did eventually drop from their name not to long after the organization became known. Over time, the group began to favor violent revolution, if necessary to bring out change in society. During the middle 1960s the Black Panthers began to work with the white radical and revolutionary groups that shared their goals. This often caused major violent disagreements between the police and African Americans. In 1972, Black Panther, Elmer Pratt, was convicted of a robbery-related murder and sentenced to 27 years imprisonment. Pratt was announced in the Times Daily as a Vietnam War Hero, and he was admired for his charisma and warrior spirit. It also stated that as an opinion†¦ Pratt was framed for the murder by the authorities because he dared to stand up for his people as the leader of the Black Panther Party. Pratts lawyer, Johnnie L. Cochran, was well convinced that Pratt would not receive a fair trail. With the help of Pratt, Mr. Cochran helped the public understand how the Black Panthers help the black communities in need. Stating that the Black Panthers are a group of black people who mixed black, nationalism and socialism, shotguns, free breakfast programs for children, medical clinics, and free schools for the black community. Although never proven anything but guilty, it is very possible that Pratt was innocent of murder. 3rd Essay Sample on Black Panthers The Black Panther Party was founded as an aid to the black community.They fed the hungry, protected the weak from racist police, and presented a new paradigm of black political and social activism.Its â€Å"survival programs†-such as food giveaways, free health clinics and free breakfast programs for children-were popular fixtures in black neighborhoods in the early 1970s, but for the white power structure and the vast majority of the white public, the Panthers represented only anti-government militancy; a view which engendered the wrath of the police and FBI and led to the murder of several party members by law enforcement.The question that stands is not whether their platform had good intentions, but whether their requests were too brash.When minority groups ask the majority for equality and a place in society, they must know who to ask and when.When Martin Luther King Jr. made his platform for his civil rights movement, he had the understanding that they were the unde! rdo g and he had to please the white-man, and make everyone believe he spoke of the truth.When a minority group comes onto the scene, it is assumed they have a group of followers.These followers are the foot soldiers for ones platform.However, what the minority groups leaders must be able to recognize, is how to make non-believers do the unthinkable.The Black Panthers had the right concept to attract fellow blacks, but what they failed to recognize is that their platform did not give the white person a reason to want to believe. The Black Panther Platform: What We Want, What We Believe, was written to let the public know what they wanted and how they were going to achieve it.With little effort they appealed to the black community, with the main idea of unification.This concept was not a diificult one to grasp, because the blacks had very little to lose. Another Essay Sample on Black Panthers The Black Panther Party was founded as an aid to the black community.They fed the hungry, protected the weak from racist police, and presented a new paradigm of black political and social activism.Its â€Å"survival programs†-such as food giveaways, free health clinics and free breakfast programs for children-were popular fixtures in black neighborhoods in the early 1970s, but for the white power structure and the vast majority of the white public, the Panthers represented only anti-government militancy; a view which engendered the wrath of the police and FBI and led to the murder of several party members by law enforcement.The question that stands is not whether their platform had good intentions, but whether their requests were too brash.When minority groups ask the majority for equality and a place in society, they must know who to ask and when.When Martin Luther King Jr. made his platform for his civil rights movement, he had the understanding that they were the underdog and he had to please the white-man, and make everyone believe he spoke of the truth.When a minority group comes onto the scene, it is assumed they have a group of followers.These followers are the foot soldiers for ones platform.However, what the minority groups leaders must be able to recognize, is how to make non-believers do the unthinkable.The Black Panthers had the right concept to attract fellow blacks, but what they failed to recognize is that their platform did not give the white person a reason to want to believe. The Black Panther Platform: What We Want, What We Believe, was written to let the public know what they wanted and how they were going to achieve it.With little effort they appealed to the black community, with the main idea of unification.This concept was not a diificult one to grasp, because the blacks had very little to lose.

buy custom Legal Aspects of Information Systems Security essay

buy custom Legal Aspects of Information Systems Security essay Computer security threats are not limited to companies at all. Computer systems via network are vulnerable to many threats. The effect of various threats varies significantly; some affect the confidentiality or integrity of data while others affects availability. Business operation is disrupted by these threats and is exposed to the risk of significant losses if attacked. It is important to understand the types of threat that are encountered in online business and how they manifest themselves. Calder, (2006) says to stay safe online requires a combination of behavior and tools that are appropriate and proportionate to the cyber threat and computer-related risk (p. 2). According to Rauvid (2005), information security is a complex issue which deals with the confidentiality, integrity and availability of valuable data, sitting within business critical systems, and subject to world class threats (p. 5). Some of the biggest security online business face includes; Trojans, data loss, organ ized crime networks, virus, cyber espionage, phising, internet threats among others. Trojan which is also known as spyware often sits silently on company systems. They monitor users and their computer activities, and then steal sensitive data. They try to access information that no one would want to get out. That include collecting users personal information like; password, credit card number etc, then stored it in file, where it can easily be retrieved over the internet. Online business exposes one to this threat because people are mostly tempted to open online programs which seems to be legitimate but instead ends up compromising security and cause a lot of damage. In some cases, simply visiting a website can result in the automatic installation of unwanted software. This technique, known as drive-by downloading can lead to automatic acquisition of a spyware program without permission or notification (Botha, Bothma, Geldenhuys, 2008). Trojan opens a communication port and report back to computer through the internet. This intrusion by Trojan has grown so rapidly a nd now represents a critical threat to online business. Firms communicate to their customers or client via the internet. This is very essential for the business success but its fraught to security threats like data loss and its possible consequences. Data loss poses a major risk to individual as well as organization which mishandle entrusted data or information. Company should ensure that confidential and sensitive data is well protected. Photopoulos (2008) explains that in addition to customer, constituent, and employee information, sensitive data encompasses business and operational information whose disclosure would violate a legal agreement or deny organization a competitive advantage to its competitor (p. 4). There should be a proper strategy to bring down number of instances of data loss. Effective data security can be attained by combined effort from both the company and its employee. This evident as Photopoulos (2008) puts it that both organizations and individuals are acutely aware of the risk from the loss of sensitive informati on. Businesses heavily rely on data and information to make critical decision and therefore its security should be emphasized. nline business also faces threat of organized crime. It is primarily about pursuit of profit and is understood by continuation of business by criminal means. Internet and the continuing growth of online business offer enormous new opportunities. Sophisticated cyber networks such as Russian Business Network are responsible for creating and distributing much of the malware responsible to business losses. Parker (2004) gives example an of organized crime attack to online business as an attempt at electronically rerouting a package or delivery, manipulating financial networks, or altering the value of commodity such as electricity, to profit from the change (p. 225). To grip organized crime it is advisable to have strategic thinking about cyber-security in planning and implementing security measures. This is particularly important if online business is to reach its full potential and companies avoid significant losses. Computer viruses have increased substantially causing a big threat to online business. They spread from one computer to another when its host is taken to the target. Historically many businesses introduced policies requiring that employees do not software that has not been virus checked on their employers equipment (Brock Azim-khan, 2008). These policies were enforced to protect spreading of virus. But as Brock and Azim-khan (2008) continue to explain these days majority of viruses are introduced through the internet, via e-mail, accessing a website or within a document (p. 120). The anatomy of Internet allows computer viruses to spread extremely fast and much effectively infect millions of computers. They spread by following means; removable disk, e-mail attachments, or from downloads off the internet. It is more likely to contract a virus from the web than from any other packaged software. Due to this reason online business is more prone to viruses which are major challenge to suc cess. Computer viruses are dangerous to online business because of their ability to attack at many levels. Though virus protection cannot be hundred per cent effective there must proper measures minimize chances of attacks. This is due to the effects they have to online business; according to Brock and Azim-khan (2008) they are costly and waste business time. Business secretes are very critical and business cannot afford to lose them especially to competitors. Competitors will use this information for their advantage. in online business cyber espionage is threat to survival of business. Attackers attempts to get information of individuals, competitors, government, and rivals for personal, political, or economic advantage. Mostly this is done via internet or cracking techniques and use of malicious software. The motive cyber spying to gain access for secret information is for an ethical and illegal strategic advantage. While companies must act in their interest, potential damages resulting from cyber espionage deserves equal attention. Companies in online business have also been victim of phishing. Users are tricked into handing over control of their online accounts. This is done by spamming out authentic-looking emails that claim to come from well-known e-business institutions such as paypal, eBay etc. the methood used by spammers have become sophisticated and its now increasingly being used as a tool for online fraud or theft. Companies which transact online should take an important step of using an integrated gateway security to protect IT infrastructure. Internet threats have presented a state of dilemma to online business. The fact that internet itself is not a secure environment has been a challenge. This has made companies to find the means of protecting themselves from these threats. For example they use antivirus software to guard against virus threats. These antiviruses should be updated regularly in order to be effective. Also backing up data frequently and enlightening users of the system, ways of minimizing transmission of virus is encouraged. To deal with unauthorized, access most companies enforce authentication of user through use of password. Since password doesnt guarantee sufficient protection, companies have taken another step to enforce sure security by using more sophisticated authentication technologies. These include voice and handprint recognition, coded ID cards or eve retinal scanning system. In addition of putting security measures online business also requires ethics. World Wide Web is not a haven for good bu siness ethic because it is filled with unscrupulous characters that are eager to get rich. With a new revolution in business taking place, the following ethical issues; security, confidentiality, and privacy are important. Most companies in online business implement security system as part of the infrastructure that implements their process. Customer need to be assured of the security of online system they are dealing with. According to Singh and Waddell (2003), all business operate in a climate of insecurity, be that financial or otherwise and are increasing pressure report in accordance with environmental sustainability and social responsibility (p. 253). The issue of security is very critical for online business and it should be give attention it deserves. Confidentiality of information is vital for all companies. The big challenge of any online business is how to keep this ethics. When accessing information online employees may unknowingly disclose very crucial company information to competitor, rival or enemy. It is also tricky for online transactions to maintain confidentiality for both seller and the prospective buyer. Privacy has also been an issue to online business. Consumers or customer feels that their privacy is threatened when required to fill personal information online. An effort must be made to keep law of dealing with problems such as spam and privacy, and also investigate how it can be amended and harmonized globally to provide sanction and backing to self regulatory and technical solutions. In conclusion we can generally agree that business transactions have gone beyond simple information processing to redefined relationship between an organization and its clients, suppliers, partners and competitors. Technology has provided foundation to embrace aspect of producing, buying and selling product or services online. However there are potential security threats which must be analyzed in order to be successful in e-business. Buy custom Legal Aspects of Information Systems Security essay

Billabong Essay Example | Topics and Well Written Essays - 1750 words

Billabong - Essay Example Lastly, investor’s return on capital investment was closely taken into account. The report also provides sufficient grounds for investing in Billabong International Limited, and reasons for its dampened growth from prior years. Company Overview Billabong International Limited (BBG) was founded in 1973 in Queensland by Gordon Merchant. Billabong is known to produce surf wear, sport apparels and accessories for surfing, skate and snowboard. BBG has expanded its operations to more than 60 countries. It has expanded its distribution to states like Japan, United States of America and Europe. It has positioned itself for people with extreme love for sports like surfing and skating. BBG is used by people who desire to be identified with its image. It has been a leader in promoting its brand through sponsoring athletes and events. BBG has given stiff competition to its competitors like Quicksilver and Nike. In terms of geographic spread, BBG has a high advantage over Quicksilver as it is centered in USA in comparison to BBG which has spread its operations to Japan and Europe as well. Moreover, diversity due to huge geographic spread has been a basis of competitive advantage over Quicksilver. Quick’s earning has been seasonal but BBG has overcome this weakness by diversifying its operations to different geographic regions. BBG’s products are sold to around 2,600 surf and extreme sport shops worldwide. This is the prime source of revenue as a major chunk of revenue comes from wholesalers and independent retailers. Name of Ratio Expression 2010 2009 2008 2010 result 2009 2008 result ROE 12.2 15.45 22.7 Gross Profit margin 54.58% 53.3% 55.1% Net Profit Margin / 9.8% 9.1% 13% Current Ratio 2.47 3.3 3.07 Acid Test 1.8 2.48 2.1 Inventory Turn over ratio 2.73 3.368 3.18 Inventory Turnover Period 133days 108days 114.5days Payables’ turnover period 103 days 80days 84.2days Gearing Ratio 0.33 0.47 0.59 P/E Ratio 14.3 11.15 10.46 Debt to Equity Ratio 81 .5% 88.67% 104.4% Note: Average= (Current year+previous year)/2 Analysis: Profitability ratios measure the income or operating success of an enterprise for a given period of time. BBG has had a decline in their profitability mainly because of bad economic conditions. They have faced losses from their customers who haven’t paid their bills in stipulated time and have, in effect, defaulted. BBG almost doubled their common equity in 2009 but couldn’t accelerate their earnings with the same pace hence, causing a sharp decline in the ROE. Moreover, poor economic conditions and exchange rate risks have played their part in generating a plummet for BBG. Considering company’s return on equity, the trend has been downward. ROE was 22.7% in 2008, and then it dropped to 15.45% in 2009 and a further dip down to 12.2% in 2010. Gross profit Margin for the year 2010 was 54.58% compared to 52.55% in 2009 and 53% in 2008. The gross profit margin has been steady as the proportion al change in sales and cost of goods sold has been constant. Sales have declined from previous year due to poor economic conditions. Some customers have delayed their shipments hence causing BBG to be cautious. Net profit Margin has been in the range of 9-13%. In 2010, company showed 9.8% profit margin compared to previous year of 9%. In 2008 13% net profit margin was recorded. In 2010 several factors have contributed to the increase from 2009 namely exchange rate which has caused $ 6 million benefit to BBG. Liquidity Analysis: BBG is a high leveraged firm and

Fats - Details listed below Essay Example | Topics and Well Written Essays - 250 words

Fats - Details listed below - Essay Example It is actually a major component of the cell membrane and in involved in many activities of our body especially in the metabolism. The major kinds of fat that are present in our diet include the monounsaturated, polyunsaturated, saturated and trans fatty acids. These kinds of fats are classified based on the differences in their chemical structure which also determines if these fats have a â€Å"good† or â€Å"bad† effect on the cardiovascular system. Before presenting the good and bad fats, let’s first discuss the implication of cholesterol which greatly affects our cardiovascular health. Cholesterol is a steroid alcohol which is performs many functions in the body. It is an important component of cell membranes which regulates its fluidity. It is also a precursor for important substances in the body like bile acids, steroid hormones, and vitamin D. However, there are good or bad types of cholesterol (Jonas, 2002). The bad cholesterol includes the LDLs (low dens ity lipoprotein) while the good cholesterol includes the HDLs (high density lipoprotein). The HDL helps keep the LDL from getting deposited into the blood vessel walls. Moreover, high level of HDL and low levels of LDL may help protect us from heart attack and stroke, while low levels of HDL and high levels of LDL have been shown to increase the risk of heart disease.