Children with Learning Disabilities Essay -- Education Disability Essa

Children with Learning Disabilities Do you know anyone who suffers from a learning disability? There are several disabilities out there, so chances are you must know someone who battles with the day-to-day hassles. But, are learning disabilities really a hassle? More often than not, this can be considered a misconception. Learning disabilities (LD) affect the way a person â€Å"of at least average intelligence receives, stores, and processes information† (NCLD 2001). This neurological disorder prevents children especially from being able to perform well academically. Therefore more time and special programs are fostered to them. Once one is educated about what the disability means, the causes of LD, what programs are available to overcome the difficulties of learning, and parents learn methods to help the child at home-- the learning disability is no longer considered a hassle, but instead a battle to be conquered. As common as learning disabilities may be, not every child in America is affected, however, the number may be larger than one thinks. In 2001, over 2.9 million children were diagnosed with a learning disability. The number is not accurate since some definitions of a learning disability are different than others. (NCLD 2001) Some of the most common are dyslexia, dysgraphia, and dyscalculia. Typically one who suffers from a learning disability has difficulty in writing, reading, speaking, listening, and mathematics (NCLD 2001). They may also have short-term memory loss and will frequently let their emotions overpower their reasoning. They may have a hard time paying attention in class and find ways to avoid work, especially when they find the material too difficult. (Silverman) They are disorganized in bo... ...ion about Learning Disabilities. Retrieved March 26, 2002, from http://kidsource.com/NICHCY/learning_disabilities.html NCLD (2002). The ABC’s of Learning Disabilities. Retrieved February 16, 2004, from http://www.ncld.org/LDInfoZone_FactSheetIndex.cfm NICHCY (2004, Jan.). Learning Disabilities. Retrieved February 16, 2004, from http://www.nichcy.org/pubs/factshe/fs7txt.htm#intro NIMH (19999, June1). Learning Disabilities. Retrieved February 16, 2004, from http://www.nimh.nih.gov/publicat/learndis.htm NLM (2003, July 25). Medline Plus. Retrieved February 16, 2004, from http://www.nlm.nih.gov/medlineplus/learningdisorders.html Silverman, Linda (n/a) Gifted Children with Learning Disabilities. Retrieved April 21, 2004 from http://members.aol.com/discanner/gtld.html

Krispy Kreme

Krispy Kreme Doughnuts, Inc. FIN Professor XXX XXXX Month xx, xxxx History Krispy Kreme was founded by Vernon Rudolph after he purchased the famous secret recipe of yeast-raised doughnuts in 1937 from a French chef in New Orleans. Rudolph began to sell these doughnuts wholesale to supermarkets. The demand for his doughnuts grew quickly, and by cutting a hole in the wall of the factory to sell directly to customers the concept of Krispy Kreme retail stores was born. The retail concept for Krispy Kreme doughnuts allowed Rudolph to grow his factory stores to 29 shops in 12 states by the late 1950’s.When Rudolph died in 973 Beatrice Foods bought his company and expanded it to more than 100 locations and expanded the menu to include soups and sandwiches. Beatrice tried to reduce costs by changing the appearance of the stores and using cheaper ingredients. This negatively affected the company and Beatrice sold the company to a group of franchise owners. This group of owners was led by Joseph McAleer, who was the first Krispy Kreme franchisee. The leveraged buyout was completed for $24 million in 1982. The new group brought back the original recipe and logo.By 1989 the group was almost debt free and they were beginning to expand. The company CEO, Scott Livengood, took the company public in April of 2000. The share price after the first day was $40. 63. Holes in Doughnut Accounting Practices In May of 2004 Krispy Kreme announced to its investors that they should expect earnings to be 10% lower than predicted. It was at this time that the low-carb diet had taken the U. S by storm, and Krispy Kreme blamed this low-carb diet for their low wholesale and retail sales.They also announced the sales of a the Montana Mills bakery chain of 28 bakery cafe’s that had been acquired in January of 2003 for $40 million in stock. Krispy Kreme also announced that the Hot Doughnut and Coffee Shops were falling short of expectations and three of them were closing at a cost o f $7 to $8 million. Krispy Kreme (KKD) stock price closed down 30% that day. Shortly after on May 25th, 2004 when the Wall Street Journal published a story about how Krispy Kreme handled is accounting for franchise acquisitions.According to the article Krispy Kreme recorded the interest paid by the franchisee as interest income for immediate profit, except that Krispy Kreme booked the purchase cost of the franchise as an intangible asset and did not amortize it. In the repurchase agreement of the 7 stores in Michigan, they allowed one of the franchises top executives to stay on with the company after the repurchase. This executive left the company shortly after closing the deal, and had to pay him $5 million in severance which Krispy Kreme also rolled into the unamortized-asset category. Krispy Kreme claimed it followed GAAP standards and had done nothing wrong.The final shoe to drop as on July 29th, 2004 when Krispy Kreme announced that the Securities and Exchange Commission (SEC) had launched an informal investigation related to â€Å"franchise reacquisitions and the company’s previously announced reduction in earning guidance†. Krispy Kreme (KK) shares fell another 15%. The revelations about the companies accounting practices and showing interest as immediate income and not amortizing the repurchased franchises but rather showing them as intangible assets alone could justify the devaluation of their stock price by approx. 45%.Couple their earnings decline and the announcement of store closings and it easily can be justified. Couple that with the fear of the unknown. If Krispy Kreme was treating their interest and reacquired franchises as they were which seems to be blatantly wrong, what else might the SEC find during their investigation? This fear would certainly drive investors away and their share price down. The facts along with its ratings being dropped by 50% of analysts to â€Å"Hold† from â€Å"buy† a few months earlier. K rispy Kreme Deep Fried and Possible Deeper Issues Krispy Kreme grew incredibly quickly in the years leading up to the nvestigation (as shown in the chart below) and then may have tried to meet Wall Street expectations through some questionable practices such as shipping more product or pulling ahead product orders, then allowing the orders to be returned shortly after for credit. â€Å"Testimony by a former sales manager at a Krispy Kreme outlet in Ohio, said a regional manager ordered that retail store customers be sent double orders on the last Friday and Saturday of the 2004 fiscal year, explaining â€Å"that Krispy Kreme wanted to boost the sales for the fiscal year in order to meet Wall Street projections. The witness said the manager explained that the doughnuts would be returned for credit the following week – once fiscal 2005 was under way† (Chin, 2005). It seems pretty clear that Krispy Kreme was using questionable methods to inflate profits. Investors also l ater found out that Scott Livengood (CEO), the former COO John W. Tate, and the former CFO Randy Casstevens, â€Å"unloaded more than 475,000 shares of Krispy Kreme stock for proceeds of $19. 8 Million†, (Chin, 2005) while they were fully aware sales were declining since January of 2003.During this investigation, Scott Livengood, Krispy Kreme’s CEO announced his retirement. It would seem to me that there may be some deeper issues with Krispy Kreme and if I were a shareholder I would want out, or to be certain that Krispy Kreme’s accounting mess was cleaned up. The chart below shows Krispy Kreme’s performance during the years leading up to the investigation. Krispy Kreme Re-made Fresh Today Krispy Kreme’s stock has not fully recovered, (see chart below), but as of the end of 2012 Krispy Kreme seems to have made a comeback. â€Å"Krispy Kreme Doughnuts, Inc. Krispy Kreme) is a retailer and wholesaler of doughnuts complementary beverages and treats a nd packaged sweets. The Company’s principal business is owning and franchising Krispy Kreme stores, at which a variety of doughnuts, including the Company’s Original Glazed doughnut, are sold and distributed together with complementary products, and where a broad array of coffees and other beverages are offered. As of January 29, 2012, there were 234 Krispy Kreme stores operated domestically in 38 states and in the District of Columbia, and there were 460 shops in 20 other countries around the world.Of the 694 total stores, 292 were factory stores and 402 were satellites. The Company operates in four segments: Company Stores, domestic franchise stores, international franchise stores, and the KK Supply Chain† (â€Å"Krispy Kreme Doughnuts†). As of close of business on Friday last week KKD traded at $14. 80, way below its heyday when the stock traded in the $40’s but it is double its all-time low. Krispy Kreme doughnuts (KKD as of March 22, 2013 When compared to its competitors Krispy Kreme’s P/E is 49. 33. This is much higher than the others but its P/S is in the middle.Krispy Kreme’s competitors are listed as Dunkin’ Brands Group, Einstein Noah restaurant Group, and Starbuck Corporation. Below is the direct competitor comparison. Direct Competitor Comparison| | | KKD| DNKN| BAGL| SBUX| Industry| Market Cap:| 989. 57M| 3. 94B| 253. 09M| 42. 99B| 384. 28M| Employees:| N/A| 1,104| 6,912| 160,000| 10. 87K| Qtrly Rev Growth (yoy):| 0. 16| -0. 04| -0. 04| 0. 11| 0. 30| Revenue (ttm): | 435. 84M| 658. 18M| 427. 01M| 13. 66B| 453. 84M| Gross Margin (ttm):| 0. 17| 0. 79| 0. 21| 0. 57| 0. 31| EBITDA (ttm):| 47. 93M| 304. 86M| 48. 46M| 2. 46B| 47. 5M| Operating Margin (ttm): | 0. 09| 0. 38| 0. 07| 0. 14| 0. 07| Net Income (ttm):| 20. 78M| 108. 18M| 12. 74M| 1. 43B| N/A| EPS (ttm):| 0. 30| 0. 93| 0. 74| 1. 86| 0. 78| P/E (ttm):| 49. 33| 39. 95| 20. 01| 30. 87| 29. 99| PEG (5 yr expected):| 1. 02| 1. 58| 0. 98| 1. 43| 1. 50| P/S (ttm):| 2. 24| 5. 96| 0. 59| 3. 13| 1. 04| | | | | Suggestions for a Krisp/Klean Future Making Doughnuts I three things I might suggest if I were the CFO for Krispy Kreme doughnuts would be to insure open communication with investors and insure them that internal auditing systems are in place.I’m sure that investors lost all trust in the previous management because of the questionable practices that were followed. Krispy Kreme needs to rebuild that trust by having open lines of communication with its investors. I would take a serious look at closing unprofitable stores, and research other markets to open more stores. Some areas may still be underperforming while others are booming. Concentrate on the areas that show better potential and take advantage of that market while it is supporting growth. Because their competitors seem to offer expanded menus I would concentrate on healthy choices for the lunchtime crowd.Everyone is aware of Krispy Kreme’s doughnuts, but I’m not so sure their other menu items are well known as an option for lunch/brunch. Other than the morning rush for doughnuts, they could make their stores more profitable with being the †go toâ€Å" spot for lunch also. References Chin, N. (2005). Krispy Kreme Dougnuts: Empty calories or empty profits? Retrieved from http://www. corporateconflicts. com/index-sb-cases-kk. html Krispy kreme doughnuts. (n. d. ). Retrieved from http://www. google. com/finance? client=ob&q=NYSE:KKD Krispy Kreme Krispy Kreme Doughnuts, Inc. FIN Professor XXX XXXX Month xx, xxxx History Krispy Kreme was founded by Vernon Rudolph after he purchased the famous secret recipe of yeast-raised doughnuts in 1937 from a French chef in New Orleans. Rudolph began to sell these doughnuts wholesale to supermarkets. The demand for his doughnuts grew quickly, and by cutting a hole in the wall of the factory to sell directly to customers the concept of Krispy Kreme retail stores was born. The retail concept for Krispy Kreme doughnuts allowed Rudolph to grow his factory stores to 29 shops in 12 states by the late 1950’s.When Rudolph died in 973 Beatrice Foods bought his company and expanded it to more than 100 locations and expanded the menu to include soups and sandwiches. Beatrice tried to reduce costs by changing the appearance of the stores and using cheaper ingredients. This negatively affected the company and Beatrice sold the company to a group of franchise owners. This group of owners was led by Joseph McAleer, who was the first Krispy Kreme franchisee. The leveraged buyout was completed for $24 million in 1982. The new group brought back the original recipe and logo.By 1989 the group was almost debt free and they were beginning to expand. The company CEO, Scott Livengood, took the company public in April of 2000. The share price after the first day was $40. 63. Holes in Doughnut Accounting Practices In May of 2004 Krispy Kreme announced to its investors that they should expect earnings to be 10% lower than predicted. It was at this time that the low-carb diet had taken the U. S by storm, and Krispy Kreme blamed this low-carb diet for their low wholesale and retail sales.They also announced the sales of a the Montana Mills bakery chain of 28 bakery cafe’s that had been acquired in January of 2003 for $40 million in stock. Krispy Kreme also announced that the Hot Doughnut and Coffee Shops were falling short of expectations and three of them were closing at a cost o f $7 to $8 million. Krispy Kreme (KKD) stock price closed down 30% that day. Shortly after on May 25th, 2004 when the Wall Street Journal published a story about how Krispy Kreme handled is accounting for franchise acquisitions.According to the article Krispy Kreme recorded the interest paid by the franchisee as interest income for immediate profit, except that Krispy Kreme booked the purchase cost of the franchise as an intangible asset and did not amortize it. In the repurchase agreement of the 7 stores in Michigan, they allowed one of the franchises top executives to stay on with the company after the repurchase. This executive left the company shortly after closing the deal, and had to pay him $5 million in severance which Krispy Kreme also rolled into the unamortized-asset category. Krispy Kreme claimed it followed GAAP standards and had done nothing wrong.The final shoe to drop as on July 29th, 2004 when Krispy Kreme announced that the Securities and Exchange Commission (SEC) had launched an informal investigation related to â€Å"franchise reacquisitions and the company’s previously announced reduction in earning guidance†. Krispy Kreme (KK) shares fell another 15%. The revelations about the companies accounting practices and showing interest as immediate income and not amortizing the repurchased franchises but rather showing them as intangible assets alone could justify the devaluation of their stock price by approx. 45%.Couple their earnings decline and the announcement of store closings and it easily can be justified. Couple that with the fear of the unknown. If Krispy Kreme was treating their interest and reacquired franchises as they were which seems to be blatantly wrong, what else might the SEC find during their investigation? This fear would certainly drive investors away and their share price down. The facts along with its ratings being dropped by 50% of analysts to â€Å"Hold† from â€Å"buy† a few months earlier. K rispy Kreme Deep Fried and Possible Deeper Issues Krispy Kreme grew incredibly quickly in the years leading up to the nvestigation (as shown in the chart below) and then may have tried to meet Wall Street expectations through some questionable practices such as shipping more product or pulling ahead product orders, then allowing the orders to be returned shortly after for credit. â€Å"Testimony by a former sales manager at a Krispy Kreme outlet in Ohio, said a regional manager ordered that retail store customers be sent double orders on the last Friday and Saturday of the 2004 fiscal year, explaining â€Å"that Krispy Kreme wanted to boost the sales for the fiscal year in order to meet Wall Street projections. The witness said the manager explained that the doughnuts would be returned for credit the following week – once fiscal 2005 was under way† (Chin, 2005). It seems pretty clear that Krispy Kreme was using questionable methods to inflate profits. Investors also l ater found out that Scott Livengood (CEO), the former COO John W. Tate, and the former CFO Randy Casstevens, â€Å"unloaded more than 475,000 shares of Krispy Kreme stock for proceeds of $19. 8 Million†, (Chin, 2005) while they were fully aware sales were declining since January of 2003.During this investigation, Scott Livengood, Krispy Kreme’s CEO announced his retirement. It would seem to me that there may be some deeper issues with Krispy Kreme and if I were a shareholder I would want out, or to be certain that Krispy Kreme’s accounting mess was cleaned up. The chart below shows Krispy Kreme’s performance during the years leading up to the investigation. Krispy Kreme Re-made Fresh Today Krispy Kreme’s stock has not fully recovered, (see chart below), but as of the end of 2012 Krispy Kreme seems to have made a comeback. â€Å"Krispy Kreme Doughnuts, Inc. Krispy Kreme) is a retailer and wholesaler of doughnuts complementary beverages and treats a nd packaged sweets. The Company’s principal business is owning and franchising Krispy Kreme stores, at which a variety of doughnuts, including the Company’s Original Glazed doughnut, are sold and distributed together with complementary products, and where a broad array of coffees and other beverages are offered. As of January 29, 2012, there were 234 Krispy Kreme stores operated domestically in 38 states and in the District of Columbia, and there were 460 shops in 20 other countries around the world.Of the 694 total stores, 292 were factory stores and 402 were satellites. The Company operates in four segments: Company Stores, domestic franchise stores, international franchise stores, and the KK Supply Chain† (â€Å"Krispy Kreme Doughnuts†). As of close of business on Friday last week KKD traded at $14. 80, way below its heyday when the stock traded in the $40’s but it is double its all-time low. Krispy Kreme doughnuts (KKD as of March 22, 2013 When compared to its competitors Krispy Kreme’s P/E is 49. 33. This is much higher than the others but its P/S is in the middle.Krispy Kreme’s competitors are listed as Dunkin’ Brands Group, Einstein Noah restaurant Group, and Starbuck Corporation. Below is the direct competitor comparison. Direct Competitor Comparison| | | KKD| DNKN| BAGL| SBUX| Industry| Market Cap:| 989. 57M| 3. 94B| 253. 09M| 42. 99B| 384. 28M| Employees:| N/A| 1,104| 6,912| 160,000| 10. 87K| Qtrly Rev Growth (yoy):| 0. 16| -0. 04| -0. 04| 0. 11| 0. 30| Revenue (ttm): | 435. 84M| 658. 18M| 427. 01M| 13. 66B| 453. 84M| Gross Margin (ttm):| 0. 17| 0. 79| 0. 21| 0. 57| 0. 31| EBITDA (ttm):| 47. 93M| 304. 86M| 48. 46M| 2. 46B| 47. 5M| Operating Margin (ttm): | 0. 09| 0. 38| 0. 07| 0. 14| 0. 07| Net Income (ttm):| 20. 78M| 108. 18M| 12. 74M| 1. 43B| N/A| EPS (ttm):| 0. 30| 0. 93| 0. 74| 1. 86| 0. 78| P/E (ttm):| 49. 33| 39. 95| 20. 01| 30. 87| 29. 99| PEG (5 yr expected):| 1. 02| 1. 58| 0. 98| 1. 43| 1. 50| P/S (ttm):| 2. 24| 5. 96| 0. 59| 3. 13| 1. 04| | | | | Suggestions for a Krisp/Klean Future Making Doughnuts I three things I might suggest if I were the CFO for Krispy Kreme doughnuts would be to insure open communication with investors and insure them that internal auditing systems are in place.I’m sure that investors lost all trust in the previous management because of the questionable practices that were followed. Krispy Kreme needs to rebuild that trust by having open lines of communication with its investors. I would take a serious look at closing unprofitable stores, and research other markets to open more stores. Some areas may still be underperforming while others are booming. Concentrate on the areas that show better potential and take advantage of that market while it is supporting growth. Because their competitors seem to offer expanded menus I would concentrate on healthy choices for the lunchtime crowd.Everyone is aware of Krispy Kreme’s doughnuts, but I’m not so sure their other menu items are well known as an option for lunch/brunch. Other than the morning rush for doughnuts, they could make their stores more profitable with being the †go toâ€Å" spot for lunch also. References Chin, N. (2005). Krispy Kreme Dougnuts: Empty calories or empty profits? Retrieved from http://www. corporateconflicts. com/index-sb-cases-kk. html Krispy kreme doughnuts. (n. d. ). Retrieved from http://www. google. com/finance? client=ob&q=NYSE:KKD Krispy Kreme INTRODUCTION First, I will discuss the environment of Krispy Kreme and my analysis as to what led to the company’s position in 2004. Second, I will discuss the financial health and current condition based upon the historical income statements and balance sheets. Third, I will discuss the financial ratios in relation to the financial statements. Fourth, I will discuss if Krispy Kreme was financially healthy at the end of 2004. Fifth, I will discuss my assessment of Krispy Kreme’s health and why I think the stock price dropped by 80% between 2003 and 2004.Sixth, I will discuss why I think the market reacted so negatively to the disclosures about adverse results and the revelations in the Wall Street Journal regarding the firm’s accounting methods for the franchise rights. Lastly, I will provide my recommendations for turning around Krispy Kreme Doughnuts’ business. COMPANY POSITION Krispy Kreme Doughnuts started small by selling directly to grocery stores. T heir doughnuts became so popular they began selling directly to customers. They sold a delicious doughnut and a viewing experience.When Beatrice Foods bought the company, her business model did not succeed because it expanded the product line in the opposite direction of what consumers wanted and she inputted cheap ingredients into a popular recipe which sacrificed taste. When she sold the company to the group of franchisees, it pushed the company back into a positive direction by bringing back the original recipe. Krispy Kreme was debt-free by 1989 and their IPO left them with a market capitalization of nearly $500 million in 2000.They appeared to be on the right track but, it seemed they were expanding too rapidly. They allowed franchisees to place their stores in locations that were not favorable, resulting in the franchises not doing well enough and owing Krispy Kreme Doughnuts millions. Krispy Kreme relied on the income from franchised stores purchases of equipment and mixes to o much. They also had their product in too many locations, creating an increase of supply and a decrease in demand. HISTORICAL FINANCIAL STATEMENT ANALYSISOn further analysis of the historical income statement, it seems that Krispy Kreme Doughnuts’ operating expenses are increasing gradually every year and are over 75% of total revenues for each year. The only income statement item that has decreased significantly was interest income from 2002 through 2004. Everything else seemed to point towards a profitably company because both gross profit and net income were increasing by at least 2% every year. On further analysis of the historical balance sheet there we some large red flag items.Property and equipment, net of depreciation was a significant portion of total assets each year. Most of the equipment they created was sold to franchisees and used in each company owned or franchisee owned factory stores. The significant amount on their balance sheet could have meant that they were manufacturing equipment faster than they were selling it to their franchises or due to the fact that they were expecting to expand, but were not able to expand to the extent they wanted to. As a percent of total assets, accounts receivable declined from 17% in 2000 to 7 % in 2004.Inventories were significantly increasing each year, but one would assume that some of their inventory would have to be written of due to the items expiration date (doughnuts can only last so long, so they appear to not be selling as much). Reacquired franchise rights, goodwill and other intangibles significantly increased starting in 2002, and every year after that. It rose in those years to be close to one third (30%) of total assets, which was the biggest item percentage wise other than property and equipment. The most significant item on the liabilities and shareholders’ equity section of the balance sheet is common stock.Every year common stock was close to 50% of total liabilities and shar eholders’ equity. In my opinion, Krispy Kreme Doughnuts, recognized they were in trouble with the increasing failures of franchises and kept issuing more stock in hopes to bail themselves out. FINANCIAL RATIO ANALYSIS In exhibit seven the time series of the ratios raise one specific question. The inventory turnover raises the question as to why it was taking longer for their inventory to sell. When converted to days, the ratio determined that their inventory took over twenty-three days to turnover in 2003.It seems that Krispy Kreme Doughnuts’ inventory was over saturated in the market. With an abundance in supply, it seems that their doughnuts were not as in demand. When comparing Krispy Kreme Doughnuts’ financial ratios to others in the industry, I determined that Krispy Kreme was doing better in some areas than those in the industry such as with their liquidity ratios. Krispy Kreme’s liquidity ratios were significantly higher than any company in its ind ustry. In other areas, such as profitability ratios, Krispy Kreme was about average compared to other companies.Krispy Kreme’s activity ratios were significantly lower than any other company in its industry, meaning their assets are not turning over as much as other companies. In such an industry, product seems to move fast, which further supports my notion that their product was becoming less popular due to the saturated market. It seems a lot more companies in this industry support operations with debt rather than capital, Krispy Kreme was doing the opposite. Exhibit nine supports this position because no other company had a significant amount of shareholders’ equity like Krispy Kreme.Other companies were better able to handle their operating expenses keeping them closer to 50% of net sales, unlike Krispy Kreme who kept theirs closer to 75%, but Krispy Kreme also had a higher percent of net sales in relation to operating profit and profit before taxes. FINANCIALLY HE ALTHY AT YEAR END 2004? In my opinion, Krispy Kreme Doughnuts is not completely healthy at the financial year end of 2004. Their income statement shows an increased net income from the year before, but I believe that increase can only last so long.With the inability to expand further, and current operations decreasing more than they are making, I do not expect their net income to increase by year end 2005. Everything on their balance sheet is increasing, including their inventory. They need to realize that they are simply not selling product. Although their debt is low, that is from the increasing stockholders’ equity in the form of stocks. With the outlook of the company not good, they cannot expect to support their operations with the issuance of new stock. They need to find a new way to finance their operations and ecrease their operating costs. STOCK PRICE DECREASE AND NEGATIVE MARKET REACTION In my opinion investors recognized the same warning signs that I did when analy zing Krispy Kreme Doughnuts’ financial statements and decided to drop their losses while they could still make some kind of profit selling off the stock. When Krispy Kreme announced to investors to expect earnings to be â€Å"10% lower than anticipated, claiming that the recent low-carbohydrate diet trend in the US had hurt wholesale and retail sales,† I think they further expected that something was not right with the picture they were portraying.The Wall Street Journal article, revealed an accounting practice that was not commonly followed by others in Krispy Kreme’s industry. When the SEC launched an informal investigation into the â€Å"franchise reacquisitions,† investors jumped ship as fast as they could. The significant decrease in stock from 2003 to 2004, was investors getting nervous and protecting themselves from their stock being worth near nothing. RECOMMENDATIONS In my opinion Krispy Kreme Doughnuts needs to make radical changes to the way it conducts business.I think they should completely stop off-premise sales, making their product only available in factory stores. This would hopefully decrease their inventory and decrease operating expenses related to the fleet of trucks that deliver product to grocery stores. Selling their product in factory stores only will hopefully recreate the demand for the doughnuts that there once was. I also believe that they should decrease the amount of franchises and refocus to company owned stores.Franchisees might not properly know how to pick a location or be properly trained, as seen with the increase of failing franchises. This would decrease the large amount on their balance sheet from reacquiring franchises. Focusing their business to one or two types of primary sources of income and reducing expenses would be a way to help lower market saturation of their product. Having more company owned factory stores, provides Krispy Kreme a chance to have more control over their operations a nd not depend on franchisees to make a profit for them.

Apple s Rise From An Obscure Computer Company - 5499 Words

Table of Contents Executive Summary†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Page 2 Introduction†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Pages 2-3 Economic Factors†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pages 3-4 Labor and Wage Pressures†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Pages 4-5 Currency Fluctuation Effects†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pages 5-7 Economies of Scale†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Pages 7-8 Technological Advancement Savings†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Pages 8-9 Tariff Hindrances†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Page 9 Open Economy vs. Growth†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...Page 10 Speculation, Hedging, and Arbitrage†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Page 11 Current Trade Policy†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..Page 12 Trade Policy Evaluation†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Page 13 Conclusion†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Page 14 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.Pages 15-16 Executive Summary This research paper will seek to describe Apple’s rise from an obscure computer company to the World leader in electronic devices. A brief introduction describes Apple from the start to its enviable present day status as one of the most valuable companies in the World. Apple’s expansion from America to other Continents will be discussed in the introduction. Next, will be a thorough examination of specific economic factors affecting the company with a prediction, based upon current data, of likely occurrences in the future that will impact the organization with positive and negative ramifications. Additionally, an evaluation of current trade policies will be listed and evaluated as to how these policies currently affect Apple and aShow MoreRelatedMicrosoft : The Rise Of Technological Development1607 Words   |  7 PagesMicrosoft on the Rise In the technological industry, significant advances are often the results of sequential evolutionary steps. For example, in 1997, the company of Microsoft rose to power and became the world s most influential company, valued at 261 billion dollars. 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WirelessRead MoreMicrosoft - Strategic Management5346 Words   |  22 PagesCompany --Microsoft SM Assignment 9/6/2010 Kuldeep Singh – 930, Lalit Kumar Vimal – 931, Harsh Nigam – 924, Arpan Jain - 913 , Ashish Sharma - 915 â€Æ' Contents Introduction 1 Analysis of Microsoft Annual Report – 2009 8 Industry Analysis for Software Industry 10 Internal Analysis 12 Microsoft Corporate Governance: 14 Bibliography†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦.17 Introduction Overview Microsoft Corporation is a public multinational corporationRead MoreConsumer Theory and Horizontal Axis45363 Words   |  182 PagesChapter 2 1. A consumer prefers more to less of every good. 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The Genre Of The Sub Genre - 1246 Words

Each genre has their conventional way of displaying themselves in movie titles. The sub-genre not often talked about, inspirational teacher/drama has this exact same flow, it has various key elements that make up their story and become part of that sub-genre. â€Å"Given the importance of storytelling as an organizational knowledge transfer mechanism, there is a need to develop a comprehensive and well-grounded framework for analyzing organizational stories to identify their salient characteristics, types of knowledge embodied and their likely effectiveness in achieving their purpose.†(Lee et al. 1). This concept can be applied to all types of storytelling, sub-genres are no exception. In the case of this sub-genre, there are various†¦show more content†¦This wasn’t very given light on the subject however it is clear it is an issue due to the whole school having an academic failure and being played by an all-black cast. 1988 was the time a film â€Å"Stand and Deliver† was directed by Ramà ³n Menà ©ndez. Their story’s protagonists were a group of Hispanic students taking AP calculus in a low academic achieving school. The school board doesn’t believe they can produce great marks. As said by their mentor Jaime Escalante said: â€Å"Those scores would have never been questioned if my kids did not have Spanish surnames and come from burial grounds.† The same correlation can be made in the movie â€Å"Great Debaters† directed by Denzel Washington in 2007 when a black debating team staying in a white prominent community is chased off by some of the town members after witnessing a lynching of the black citizen. Is it obvious that they are being discriminated after a white townsperson exclaims â€Å"There’s niggers in that car† and chases after them. This film takes a more radical approach to discrimination, which creates a more impactful emphasis on discrimination. A film that doesn’t a cknowledge discrimination however clearly is presented is the 2010 â€Å"Karate Kid† directed by Harald Zwarts. Dre an African American moves to china and is outcasted due to not knowing the culture. There is not verbal talk of being a different race, this method of discrimination is unique since theShow MoreRelatedThe Vampire Tale as a Sub-genre of the Gothic Essay examples981 Words   |  4 PagesThe Vampire tale As a Sub-Genre of The Gothic Here I will expound upon how the vampire tale is undoubtedly a sub-genre of the Gothic Genre. I will also attempt to tackle the tricky question of whether the vampire tale falls within the subsection of the terror gothic or the horror gothic. In order to emphasize my points and observations I will refer to two scenes in the short story appropriately titled The Vampire, by John Polidori. In the Vampire several elementsRead MoreBlaxploitation As Stereotypical Film, Blaxploitation, A Sub Genre Of Exploitation1397 Words   |  6 Pages Blaxploitation as Stereotypical Film Blaxploitation, a sub-genre of Exploitation, becomes fairly popular with Hollywood Cinema during the 1960’s and 1970’s. These films initially targeted urbanized youth and began to appeal to African Americans as well as White audiences. However, various groups, such as the Coalition Against Blaxploitation, formed to stop production on films of this genre as it typically portrayed Blacks in a negative way. Generally, there are two different interpretations of BlaxploitationRead MoreInconsequential Rock Sub-Genre: Glam Rock Essay1846 Words   |  8 PagesGlam rock is usually viewed as an inconsequential rock sub-genre. 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Persuasive Essay On Euthanasia - 1498 Words

Euthanasia is a dilemma which many people have the misfortune of addresing. Whether it be putting down a beloved family pet many years of friendship or administering a lethal dose of morphine to an elderly patient, euthanasia is no easy topic to discuss or decide upon. Euthanasia is the act of intentionally ending someones life to relieve their pain and suffering. Though euthanasia holds the purpose of killing to relieve pain, any people are uncomfortable with killing of any sorts, and hold the belief that euthanasia is immoral and should be illegal. Though killing of any kind is uncomfortable, after considering and responding to objections, it is clear that voluntary non voluntary euthanasia are morally permissible and should be legal.†¦show more content†¦In response to the latter two arguments of why killing is wrong, letting someone die also violates God’s will, and there are both legal and social consequences for not intervening and saving someone when it is no h arm to oneself. In the case of both living and letting die, people are responsible for foreseeable outcomes of their choices, and when death is the result of both situations, this rates the moral status of both killing and letting die at equal. When killing and letting die are connected to euthanasia, they are classified as â€Å"active† and â€Å"passive† euthanasia. Active euthanasia is causing death by actively quickening the process of ending a persons life, while passive euthanasia is the causation of death by not intervening and doing what is necessary for a person to continue living. An example of active euthanasia could be administering a dose of lethal injection, while passive could be something such as a doctor not giving a patient the medicine he or she needs to stay alive and sustain life. We must remember though, that in these circumstance, killing and letting die are in order to relieve someones pain or suffering. Active and passive euthanasia are the two solutions for the three main categories of euthanasia: Voluntary, involuntary, and non voluntary Voluntary euthanasia is when the recipientShow MoreRelatedEuthanasia Persuasive Essay1064 Words   |  5 PagesAn Avoidable Loss Death by choice or euthanasia is a very controversial subject that is typically one-sided. The very concept of death alone is somewhat a taboo, but controlling death itself is another monster. Death by choice or â€Å"euthanasia† should not be legalized because it promotes defeatism, may lead to the strict procedures to become more accessible to people with non-fatal illnesses, could legitimize murder, or pressure the elderly. When an unfortunate illness befalls, people have a tendencyRead MorePersuasive Essay Pro Euthanasia954 Words   |  4 PagesGrace (JiEun) Lee AP Language and composition Persuasive essay 6 October 2017 Euthanasia legalization The ultimate value of life depends upon awareness and the power of contemplation rather than upon mere survival. Aristotle Being one of the most fervid and controversial topic of all, euthanasia, also known as physician-assisted suicide, has initiated a very sensitive discussion on life and death under one’s ability to choose either side. Euthanasia is defined as a â€Å"the act or practice of killingRead MorePersuasive Essay On Euthanasia730 Words   |  3 Pages Euthanasia is sometimes referred to a â€Å"mercy killing.† This controversial topic has been debated for decades. Some argue that euthanasia causes more harm than good, and with modern medicine it is simply unnecessary. Others argue that it is an act of mercy sparing a suffering individual from days, weeks, or months of unnecessary pain and anguish. However, there are moral and ethical questions surrounding euthanasia. It could be argued that killing of any kind is murder. No matter the situation orRead MorePersuasive Essay on Euthanasia963 Words   |  4 PagesEuthanasia - The Right to Decide The definition of euthanasia from the Oxford Dictionary is: â€Å"The painless killing of a patient suffering from an incurable and painful disease or is in an incurable coma.† Consider the words â€Å"suffering,† â€Å"painful,† â€Å"irreversible† and â€Å"incurable.† These words describe a patients terrible conditions and prospects. Euthanasia is known as â€Å"mercy killing† for a reason, it is the most, humane, moral and logical form of treatment available to patients that have no hopeRead MorePersuasive Essay On Euthanasia811 Words   |  4 PagesEuthanasia In present society Euthanasia is a very controversial topic and must be addressed carefully and thoughtfully out of the respect of others. It is a topic that for those who are undecided on what side to pick really do not know which way to swing until it impacts their life. Euthanasia roughly translates into â€Å"a good death†, so for those who chose to end their life by their own decision, and without them having to deal with pain or the inevitable long incurable diseases, thenRead MorePersuasive Essay On Euthanasia973 Words   |  4 PagesEuthanasia, more commonly known as mercy killing, is the action of killing someone in order to end their suffering. This is a way for patients with terminal illnesses to die a peaceful death rather than a painful one; however, it is illegal throughout most of the United States. People have debated for many years whether or not Euthanasia in people should be legal. In the Bible, Exodus 20:13 states that â€Å"Thou shalt not kill.† This verse brings people to believe that mercy killing is an act of defianceRead MorePersuasive Essay Euthanasia1446 Words   |  6 PagesEuthanasia: A Legal Murder According the Merriam-Webster dictionary, Euthanasia is â€Å"the act or practice of killing or permitting the death of hopelessly sick or injured individuals (such as persons or domestic animals) in a relatively painless way for reasons of mercy. This procedure seems appealing to the many people around the world who suffer from terminal illnesses. In the minds of these people euthanasia or doctor-assisted suicide seems like the only escape. As stated in a journal, â€Å"My friendRead MorePersuasive Essay On Euthanasia1430 Words   |  6 Pageswould that answer change if you were suffering? Euthanasia, also known as â€Å"good death,† is the act of putting a living thing to death painlessly or allowing them to die by withholding extreme medical practices, such as withholding food. Then there is involuntary euthanasia: â€Å"a competent person’s life is brought to an end despite an explicit rejection of euthanasia† as stated by Robert Young, the author of Med ically Assisted Death. In the case of euthanasia, many people will argue that it is murder, butRead MorePersuasive Essay On Euthanasia737 Words   |  3 Pageswith no hope of ever leaving their hospital bed, death may seem like a blessing. Euthanasia is the practise of intentionally ending a life to relieve pain or suffering, a practise which is yet to be legalised in too many countries for being seen as illegal and immoral-which is ridiculous. A terminally ill patient or those suffering from deteriorating progressive conditions should always have the option of euthanasia. If possible, everyone would choose a quick and dignified death when the time comesRead MoreFor Euthanasia Persuasive Essay1663 Words   |  7 Pagespain and suffering. Euthanasia is a word that most people avoid because it is very controversial. But why? Euthanasia is a way of ending the prolonging of suffering, while leaving life in peace. Euthanasia is derived from the Greeks where Eu means good and Thanatos means death. When these phrases are combined the word euthanasia is created; meaning â€Å"good death† (6.) There are three types of euthanasia although only two are authentic forms. The first type is active euthanasia. It is described as

Professional Business Communications Of Woolworths & Aldi in Australia

Question: Discuss about the Professional Business Communications Of Woolworths and Aldi in Australia. Answer: Introduction The report is prepared to discuss the various aspects of effective business communication and its impact on the business functioning with ease and effectiveness. The two business organisations considered here as the case study are Woolworths and Aldi in Australia. There are different types of communication followed by these two organisations and so the best communication method and the least effective communication practice will be illustrated here in details. It will also evaluate how the communication type proved to be effective for one organisation while it may not be the right approach for another company. Providing a detailed analysis of the positives and negatives of the two most important communication techniques and its impacts is one of the main reasons of developing this report as well (Guffey Loewy, 2012). Basic principles of effective communication within organisations To enable the perfect communication within the business organisations, it is important to identify the various principles of effective communication including the clarity of messages, adequacy, attention, timing, integrity, its strategic use, interest and acceptance, balance between uniformity and adaptability and selection of proper communication channel too (Robles, 2012). Clarity To make sure that the communication process is noteworthy, it is important to understand the purpose of communication at first. The business communication could be successful as well as experience clarity when the receiver could understand the messages and information that would be transmitted. The sender must send the messages and information in such a manner so that the receiver could understand it and the communication process should also be clear, simple and possess easy language. Adequacy The main purpose of communication process is to manage optimum flow of information, which can not only benefit the two companies, i.e., Woolworths and Aldi, but can also allow the organisations to establish trust and sense of loyalty among the customers through interaction with them (Dainton Zelley, 2017). The messages must be adequate so that it could ensure proper flow and create convenience while being transferred from the sender to the receiver. Attention through understandable and meaningful message The delivered messages and information should be possessing right information and provide a clear meaning through its content, so that it could create attention among the receiver and ensure that they know the purpose of obtaining the information. Thus, the attention of the receiver and his ability to read to understand the message should be vital for establishing good communication. Both the supermarket chains have promoted their products by creating good messages and information and posted those on social media platforms so that customers can gain clear knowledge about the kinds of products that they want to purchase (Chen, Chiang Storey, 2012). Timing Time is an essential factor that contributes to the successful management of business communication. The effectiveness of a message depends upon the time taken to deliver and receive the message. It is also important that the business organisations take time to compile proper information and data consisting of diversified and complex contents and then make sure to deliver the right message on time to influence the consumers buying behaviours. Integrity and strategic use The individuals associated with the centres of communication should be focused on as well. It is often seen that the top-level managers forget to communicate messages to the middle level or line managers and rather try to communicate with the employees directly. Though it is an effective way to keep the staffs motivated within the workplace, still the line managers can feel ignored and not being able to gain the respect and position that they currently hold within the organisation (Conrad Poole, 2012). Thus, communication could be successful only when it happens from top to bottom with every stage passed through. When the information and messages during communication process are not enough, then strategically using the information obtained could be beneficial for making these organisations create sustainable place in the market. Two-way communication is needed for the companies to ensure that the messages are delivered properly and the business requirements are met (Sigmar et al., 2012). Description of the businesses Woolworths and Aldi both are major retail companies situated in Australia that deliver good quality products and services all over Australia and in other places worldwide too. Both these two companies focus on communication to promote a good culture, better teamwork and coordination within the organisation as well as understand the needs and requirements of clients to keep them satisfied. Woolworths is one of major supermarket and grocery store chain in Australia that holds 80 percent of the Australian market with an estimated revenue of more than 42.13 billion AUD. Aldi is a common brand that manages two of the leading discount supermarket chains with more than 10000 stores worldwide. It has a combined turnover of more than 50 billion and holds over 104,000 employees (Conrad Newberry, 2012). Comparing the nature of communications The business organisation Woolworths follows the verbal communication mostly to exchange messages and information face to face and discuss about the important business aspects. It is also seen that enabling verbal communication facilitates the information sharing and exchange efficiency as well as allowed the top level managers to consult with the employees while making decisions. The verbal communication styles followed by the company include meetings, presentations and lectures and conversations done through telephone usage or video conversations too. Meetings allowed the top-level managers of Woolworths to meet the middle level managers and the staffs to obtain their opinions and feedbacks regarding the business function and identify the areas which need improvements (Levin Nolan, 2014). The brainstorming sessions are managed as well to enable changes and furthermore evaluate the current market conditions based on which, the products can be delivered and new products shall be int roduced. The company authorities manage the meetings every month where every participant can get a chance to speak without monopolising the agenda. The company interacts with the managers and gain their feedbacks regarding the products delivered by the company through telephonic conversations. In case of any queries the customers services department provide relevant solutions to the customers and maintained a positive relationship with them, which further helped in influencing their buying behaviours (Oradee, 2012). Verbal communication styles also allowed the company managers to interact with the employees and understand their needs for development, based on which, necessary training sessions were provided to them. This could lift their morale, enhance their skills, knowledge, and keep them motivated an encouraged to perform with dedication and commitment (Agnola Cofaru, 2014). On the other hand, Aldi proposed the role playing activities as major forms of communication. The company is more focused on teamwork and so to handle different critical situations with ease. Here a particular scenario is formed where individuals play different roles and this is how their works and approaches are evaluated regarding how they respond to the different approaches and situations, furthermore remain counterproductive. This would also help in understanding what people think and how they might feel in such situations. It is an effective communication approach to develop experience, skills and self-confidence among the individuals and allow them to handle critical situations through preparation made by acting in similar kind of situation. With situations, evolving from time to time, mistakes and errors would be overcome and this would strengthen the brainstorming sessions, furthermore promote effective coordination and teamwork (Setiawan, Abadi Rahman, 2013). Types of communication Woolworths considered the verbal communication effective because it allowed the company to maintain good relationships with its customers by interacting them online and at the same time enable proper communication between the staffs within the workplace. Meetings were held and video conferences with the use of internet further helped the employees working within the organisation to communicate with each other and discuss about the business related tasks (Dias, 2016). The top-level managers communicated accurate messages and information to the line managers through meetings, which were later communicated to the staffs through telephonic or online conversations and chat messages (woolworths.com.au, 2018). This form of communication is less time consuming and both the sender and receiver can be engaged easily, which has further maintained the clarity and consistency of messages that are delivered (woolworths.com.au, 2018). Another verbal communication style that might not be the most effective for Woolworths could be the workshops. Here instructions are provided to the teams to develop their skills and experiences and even the leaders can provide proper information about a certain business scenarios to the staffs. Woolworths was experiencing lack of communication and so the leaders were not much active to deliver messages and information to the employees directly. This could have hindered the proper accomplishment of researches undertaken to focus on the business issues and furthermore might have created difficulties to solve problems and negotiate solutions as well (Guffey Loewy, 2012). Due to lack of proper instructions gained by the staffs, the company failed to respond to queries by the customers on online platforms, which could have even deteriorated the brand reputation. The role-playing communication was though considered as effective by Aldi because the staffs were allowed to take part in real world situations and made sure that their skills and knowledge level improve. One of the major purpose of such communication is to keep the staffs informed, engaged and motivated all throughout to perform with effectiveness. The supermarket chain has emphasised on this internal communication style. The employees and staffs took part in role playing sessions based on real business scenarios about how to target the major audience group (Aldi.com.au, 2018). This was done through discussions, which shed limelight on various areas including editorial focus, social media assets, web creativity and even promotions through televisions and advertisements for engaging more customers with the brand with ease and effectiveness. As the staffs became informed about knowledgeable about the ways of targeting different market segments, they focused on enhancing the marketing awareness through introduction of digital billboards and other social media promotional campaigns to ensure that the messages and information about the new products introduced can be delivered to the customers (Robles, 2012). Aldi possesses a good organisational structure and culture, because of which, meetings and face-to-face conversations are not much of use, because most of the staffs were quite friendly and communicated among each other properly. Training programs were arranged as well for enhancing the self competency and communication skills, because of which, they had been quite skilled and knowledgeable to handle critical situations with ease (Chen, Chiang Storey, 2012). Impact of communication The verbal communication styles adopted at Woolworths have created a huge positive impact on the organisations through cost savings, time saving as well as obtaining immediate feedbacks and responses from the clients regarding any queries and delivering appropriate solutions too. Consumers complained about inappropriate customers services previously, due to which, oral communication could be managed by managing telephonic conversations and even communicating with them in social media platforms for assisting them to overcome any issues faced. The employees also could communicate with each other quite easily and this promoted favourable relationships between the two parties with ease and efficiency too (Conrad Poole, 2012). This also allowed the managers to communicate with the employees face to face, which further kept them motivated an encouraged to perform better. The verbal communication at Woolworths has affected the business sometimes due to lack of secrecy, which resulted in no legal validation and created misunderstandings among people within the workplace. At Aldi, role-playing was adopted as useful form of communication because it developed higher level of engagement with the issues and knowledge and improved the skills of staffs too. The role playing activities also helped in proper assessment and flow of information , which further created more opportunities to adapt to real world business scenarios and ensure successful growth and growth of own self and organisation too. It is has allowed the staffs of Aldi to understand the requirements of customers by getting opportunities to practice in a safer environment where any mistakes will not lead to real world consequences (Aldi.com.au, 2018). Not everyone has the ability to judge how the roles should be played, because of which the communication process could deteriorate. It can take lot of time to make decisions and even get difficult to adapt to the situation quickly. Conclusion From the report, it could be analysed and interpreted that the two companies in Australia followed different communication styles, which possessed both positives and few drawbacks too. Though Woolworths followed the verbal communication to remain connected with the customers and even promoted teamwork within the workplace, there were few areas that still needed improvements. The customers services lacked certain improvements, because of which, the communication with the customers was not up to the mark. Aldi followed the role-playing in training strategy to understand each others skills and facilitate the communication process. However, it was sometimes difficult to predict the real world scenarios, which even created difficulties to understand the preferences of the customers due to inaccurate flow and exchange of information and messages. It is recommended to improve the core areas and maintain the principles properly for both these two companies and ensure that close relationships are managed with both the clients and within the workplace. References Agnola, L., Cofaru, I. I. (2014). Electronic Infrastructure Aimed At Improving Comunication And Education For Business And Academia. InBalkan Region Conference on Engineering and Business Education(Vol. 1, No. 1, pp. 171-174). De Gruyter Open. Aldi.com.au. (2018). Aldi.com.au. Retrieved 13 February 2018, from https://www.aldi.com.au/ Chen, H., Chiang, R. H., Storey, V. C. (2012). Business intelligence and analytics: from big data to big impact.MIS quarterly, 1165-1188. Conrad, C., Poole, M. S. (2012).Strategic organizational communication: In a global economy. John Wiley Sons. Conrad, D., Newberry, R. (2012). Identification and instruction of important business communication skills for graduate business education.Journal of Education for Business,87(2), 112-120. Dainton, M., Zelley, E. D. (2017).Applying communication theory for professional life: A practical introduction. Sage publications. Guffey, M. E., Loewy, D. (2012).Essentials of business communication. Cengage Learning. Iheanacho, N. N. (2016). From Culture to Intercultural Comunication.Intercultural Communication and Public Policy, 1. Levin, J., Nolan, J. F. (2014).Principles of classroom management: A professional decision-making model. Pearson. One Lake Street, Upper Saddle River, New Jersey 07458. Oradee, T. (2012). Developing speaking skills using three communicative activities (discussion, problem-solving, and role-playing).International Journal of Social Science and Humanity,2(6), 533. Robles, M. M. (2012). Executive perceptions of the top 10 soft skills needed in todays workplace.Business Communication Quarterly,75(4), 453-465. Setiawan, A., Abadi, I., Rahman, S. A. (2013). Implementation of Digital Signage for Digital Comunication Media.ISICO 2013,2013. Sigmar, L. S., Hynes, G. E., Hill, K. L. (2012). Strategies for teaching social and emotional intelligence in business communication.Business Communication Quarterly,75(3), 301-317. woolworths.com.au. (2018). Woolworths.com.au. Retrieved 13 February 2018, from https://www.woolworths.com.au/

Analysis Price Of The Unipacket Petrol †MyAssignmenthelp.com

Question: Discuss about the Analysis Price Of The Unipacket Petrol. Answer: Introduction The present project is the analysis of the data we collected. The data was collected from four locations Inner city, Outskirts of city, Suburbs and remote regions. The data regarding the oil prices were collected from equal number of locations. The brands of oils were Shell and Caltex. Data was collected from 224 stations, equally divided amongst the two stations. The response variable of the study is the price of the unipacket petrol. The independent variables are the station from which the petrol is being purchased and the location of the petrol station. Research Question The research question for the project is: Does location of the station affect the price of petrol? Research Hypothesis To answer the above research question three hypothesis were developed. The hypothesis for the tests Hypothesis 1 Null Hypothesis: The station brand has no effect on the price of petrol Alternate hypothesis: The station brand has an effect on the price of petrol. Hypothesis 2 Null Hypothesis: The Location of the station has no effect on the price of petrol Alternate Hypothesis: The Location of the station has an effect on the price of petrol Hypothesis 3 Null Hypothesis: There is no effect of the station brand and the location of the petrol station on the price of petrol Alternate Hypothesis: The station brand and the location of the petrol station is linked by the price of petrol. Data Analysis To answer the above question we used the two factorial ANOVA. Between-Subjects Factors Value Label N Brands 1 S 112 2 NS 112 Locations 1 Inner City 56 2 Outskirts of City 56 3 Suburbs 56 4 Remote Region 56 Table 1: Frequency of Station brand and Location of the petrol station (source created by author) Descriptive Statistics Dependent Variable: UN Brands Locations Mean Std. Deviation N S Inner City 114.9393 7.74570 28 Outskirts of City 107.9000 .00000 28 Suburbs 114.7714 2.87632 28 Remote Region 116.7000 6.65488 28 Total 113.5777 6.22869 112 NS Inner City 108.3393 2.08581 28 Outskirts of City 121.1857 5.79180 28 Suburbs 115.7214 2.99448 28 Remote Region 115.6750 5.97406 28 Total 115.2304 6.41218 112 Total Inner City 111.6393 6.53271 56 Outskirts of City 114.5429 7.83565 56 Suburbs 115.2464 2.94840 56 Remote Region 116.1875 6.28719 56 Total 114.4040 6.36105 224 Table 2: Descriptive statistics of the price of petrol based on the Station brand and Location of the station (source created by author) Tests of Between-Subjects Effects Dependent Variable: UN Source Type III Sum of Squares df Mean Square F Sig. Partial Eta Squared Corrected Model 3755.322a 7 536.475 21.997 .000 .416 Intercept 2931774.564 1 2931774.564 120211.155 .000 .998 Brands 152.955 1 152.955 6.272 .013 .028 Locations 646.995 3 215.665 8.843 .000 .109 Brands * Locations 2955.371 3 985.124 40.393 .000 .359 Error 5267.925 216 24.389 Total 2940797.810 224 Corrected Total 9023.246 223 a. R Squared = .416 (Adjusted R Squared = .397) Table 3: Between subject effects of the price of petrol based on the Station brand and Location of the station (source created by author) From table 3 we find that there are statistically significant interaction between the station brand of petrol and the location of the petrol station, F(3,216)= 40.393, p = 0.000. We also find that there are statistically significant differences between the station brand and the price of petrol F(1,216)=6.272, p = 0.013. In addition, we also find that there are statistically significant differences between the location of the petrol station and the price of the petrol F(3,216) = 8.843, p = 0.000. From figure 1 and table 2 we find that the price of station brand S petrol is the lowest at the outskirts of the city, and the highest at the remote region. The price of station brand NS is the highest at the outskirts of the city and the lowest at the inner city location. Conclusion From the above analysis we find that the price of unipacket petrol varies with the location and the brand of petrol station.