...Coca-Cola Company Case Study GB 518 Financial Accounting Principles and Analysis Kaplan University SUMMARY Accounting is an important aspect of business because it is the foundation that offers support to management for planning, and controlling activities as well as decisions. When an organization is doing business they need a way to keep score of operational financial activities. The purpose of my research paper is to discuss the details of my interview with an accountant at Coca-Cola Company, Atlanta headquarters. Mr. Joe Angus has worked with the company for twelve years and sat down with me for a 25 minutes interview in his office to eagerly share the accounting practices of the company, and the operating activities within the business that generates revenue and move the business forward. Company Overview The Coca-Cola Company is the largest beverage company in the world that provides consumers with more than 500 sparkling and still brands of refreshing drinks. While Coca-Cola is the most valued brand in the company’s portfolio, it features 15 billion dollar brands including Diet Coke, Fanta, Sprite, Coca-Cola Zero, vitamin water, PowerAde, Minute Maid, Simply, Georgia and Del Valle. Globally, Coca-Cola Company is the number one provider of sparkling beverages, ready-to-drink coffees, juices, and juice drinks. Throughout the world’s largest beverage distribution system, consumers in more than 200 countries enjoy Coca-Cola Company beverages at a rate of more...
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...Promote the Best Qualified, or Consider Diversity? Eric B. Olsen Excelsior College LA498M: LA Capstone-(Military Focus) Mr. Larry Fegans 4 June 2015 Abstract The Army, as part of the Department of Defense (DOD), is the premier military organization in the world. Part of what makes the Army an outstanding organization is the diverse backgrounds that their soldiers are come from. There are African-Americans, Hispanics, Asian-Americans, Native-Americans, Pacific Islanders, and more that help balance out its demographic profile. Soldiers who are Caucasian make up the majority of the Army demographic (Army G1, 2014). What is most impressive is the ability for everyone to work together to accomplish the Army’s mission with so few cases of equal opportunity violations per capita. While the Army celebrates diversity by recognizing different women and minorities during certain months, does the Army sacrifice the best-qualified person for diversity? Surprisingly, there have been times where the Army has gone against its own policies and training to enhance diversity; failing to recognize the best-qualified soldiers for promotion. Promote the Best Qualified, or Consider Diversity? One of the strengths of the Army is its soldiers come from a wide background with unique talents and abilities. This diversity helps the Army accomplish its goals and soldiers have successful careers based on their performance and potential for increased responsibility. However, can an organization...
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...FORCES OF COMPETITION 14 1. Threat of New Entrants 14 2. Bargaining Power of Suppliers 16 3. Bargaining Power of Buyers 16 4. Threat of Substitute Products/Services 17 5. Intensity of Rivalry among Competitors 17 6. Relative Power of other Stakeholders-Unions 18 COMPETITIVE POSITION OF MAJOR AEROSPACE COMPANIES 18 COMPETITOR ANALYSIS OF MAJOR AEROSPACE COMPANIES 20 Boeing Co. 20 Lockheed Martin Corporation 21 Northrop Grumman Corporation 23 Raytheon Co. 24 Other Manufacturers 25 Airbus 25 United Technologies 26 KEY SUCCESS FACTORS 26 Reducing Costs 26 Maintaining Access to Foreign Markets 27 INDUSTRY PROSPECTS AND OVERALL ATTRACTIVENESS 29 Factors Making the Industry Attractive 29 Factors Making the Industry Unattractive 31 Special Industry Problems and Issues 32 Profit Outlook 33 “Micro Jet” Airplanes 33 CONCLUSION 35 Works Cited 37 Appendix A. Aircraft Information Fixed-Wing Aircraft 38 INTRODUCTION The accomplishments and advancements in the aerospace manufacturing industry over the last century since the Wright Brothers made their first...
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...Corporate social responsibility and minimum legal expectation Over the last few decades, the issues of corporate social responsibility have become the focus of society. Especially after many company scandals emerged (such as Enron and Libor scandals), the public are more curious about the CSR and the its legal expectation. Some countries have already set mandatory regulation about the CSR. For example, in Australia the Corporations Act 2001 stated that companies need to disclose environmental performance and another Act[1] requires certain companies to provide the information about greenhouse gas emissions. However, in the UK, the regulations mainly govern financial disclosures[2] and there are few regulations about the CSR of company. In the aspect of law, the Companies Act 2006 s.172[3] set some duties for the directors to promote the success of company which are in relation to legal expectation of the corporate social responsibility. The notion of CSR and the relationship between CSR and its legal expectation is the main of this essay. This essay will critically discuss the notion of corporate social responsibility and giving particular attention to minimum legal expectations. The structure is as follows: in the section 1, we are focus on the discussion in relation to many kinds of the definition of corporate social responsibility. In the section 2, we will discuss the notion of CSR through different theory perspectives and the minimum legal expectation. In the section...
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...Nero. In these times they would hold events in stadiums as the emperors watched in skyline luxury seats. It is said that Nero is the first to ever have any use of lenses to protect his eyes from the glare of the sun. During events of Roman times he was known for using an emerald to view the stadium and prevent glare from the sun, emerald sunglasses. Nero reigned emperor from 54 to 68. Centuries would go by before another sunglasses discovery, the Chinese were the next in line to tamper with the idea however it wasn’t for blocking sun rays or protecting your eye sight. Chinese judges used to wear smoke-colored quartz lenses to shield their eyes from anyone in court, that way their expressions could never be seen until after the final decision. This style of eye wear was used around the 1300s. A market for sunglasses wasn’t started until 1929 by a man named Sam Foster, he opened a market on the beaches of Atlantic City, New Jersey. There are many sunglass brands available right that vary in style and price, especially the price. One of the most expensive brands is Cartier. This brand not...
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...MORGAN NORTH STANLEY RESEARCH AMERICA Morgan Stanley & Co. LLC Adam S. Parker, Ph.D Adam.Parker@morganstanley.com +1 212 761 1755 Brian T. Hayes, Ph.D Brian.T.Hayes@morganstanley.com Antonio Ortega Antonio.Ortega@morganstanley.com November 26, 2012 Adam J. Gould, CFA Adam.Gould@morganstanley.com US Equity Strategy The 2013 Playbook We are launching our 2013 US equity outlook today. We have been cautious on US equities for much of the last two years. Our concerns around US deficit / debt and the obvious borrowing from the future that occurs from unconventional policy, the European sovereign crisis, and slower growth in emerging markets generally remain, but the acuteness of these issues appears for now to be less sharp. Our 2013 year-end target calls for low-to-mid single digit upside (Exhibit 1) predicated on our view that 2014 corporate earnings are likely to modestly recover from our 2013 forecasted level, perhaps with profits troughing during the April 2013 earnings season. Our year-end 2013 S&P500 price target is 1434, and our bull and bear targets are 1733 and 1135 (Exhibit 1). Our EPS outlook for 2014 is $110.21, up from our 2013 forecast of $98.71, both well below consensus. Improving Michigan Confidence and tightening corporate spreads drive the relative improvement in our earnings outlook. Please see our Interactive Model: S&P500: 2013 Year-End Forecast, also published today, to play with key assumptions and change assumptions for EPS...
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...cannot succeed without good company management and an appropriate organizational structure” (p. 88). Management and organizational structure are demanding and should always be included in a global business plan (p. 88). Starbucks’ organizational structure is a vital part of its organization and is a critical area that determines its organizational success in the restaurant industry (Successful Application of Organizational Behavior: Starbucks, 2009). In developing a business plan for global operations, there are crucial decisions that must be made regarding the overall organization of the company (Brown & Gutterman, 2003, p. 91). Procedures must be put in place for the circulation of information (p. 91) and Starbucks’ communication behavior has made this corporation successful (Successful Application of Organizational Behavior: Starbucks, 2009). In addition, the organization must have a vested interest in management’s ability to make decisions that may arise in a specific region or country (Brown & Gutterman, 2003, p. 92). Communication in the Starbucks organization is exceptionally successful (Successful Application of Organizational Behavior: Starbucks, 2009). And although there is no official Starbucks organizational structure, the way Starbucks communicates is defined as a matrix structure (Successful Application of Organizational Behavior: Starbucks, 2009). The matrix structure organization is an attempt to combine the advantages of...
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...In order to minimize the challenges that diversity can bring the company as a whole must acknowledge and understand that there needs to be a respect for each and every culture it interacts with, either face to face with customers on a daily basis, or setting its footprint in new uncharted lands for such business. The company is to learn to not make assumptions of people’s culture or behaviors and become more open to experiencing the life and culture of the communities it comes in contact with and even those neighboring, as the company attracts people from nearby as well as people who may pass through certain areas or locations. Starbucks the company seeking to touch the world one cup at a time, also likes to find itself creating opportunities to embrace diversity, and a quote found on their website sums up what they look to have on a daily basis, "It's critical that our employees reflect the diversity of Britain and its visitors Starbucks has taken many of the necessary steps towards ensuring that the growing trends of diversity will not have a negative impact on the company, and instead have a positive impact on the company, community, and culture as a whole. Strengths * Starbucks Corporation is a very profitable organization, earning in excess of $600 million in 2004.The company generated revenue of more than $5000 million in the same year. * It is a global coffee brand built upon a reputation for fine products and services. It has almost 9000 cafes in almost...
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...pig” :- To bleed heavily. 5) “Blow off some steam” :- To enjoy oneself by relaxing normal formalities. 6) “Blowing smoke” :- To be boasting without being able to back it up ; talking about action without intent to follow through. 7) “Bouched up” :- Substandard; Messed up; Make a shamble of. 8) “Brand Spanking New” :- New and Unused. 9) “Break A Leg” :- A wish of good luck, do well. 10) “A burnt child dreads the fire” :- One does not repeat a painful lesson twice. 11) “Bust your balls” :- To harass with the intent to break one’s spirit. 12) “Busting your chops” :- To say things intended to harass. 13) “Can’t hold a candle to” :- To be far less competent or have far less skills than someone else. 14) “Cat bird seat” :- A highly advantaged position, to have it all. 15) “Chew the fat” :- To talk about unimportant things. 16) “Clean bill of health” :- To be found healthy. 17) “Clear as a Bell” :- Clearly understood. 18) “Close, but no cigar” :- Nearly achieving success, but not quite. 19) “Cold Turkey” :- To Quit something abruptly. 20) “Cooking with gas” :- To be working fast, proceeding rapidly. 21) “ In the Crapper” :- In the toilet, soiled, hopelessly irretrievable. 22) “Crocodile Tears” :- Pretending to cry in an attempt to manipulate or exploit, phony tears. 23) “Crossing the Rubicon” :- When a decisive and irrevocable step has been taken. To commit to a given course of action that permits no return...
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...pig” :- To bleed heavily. 5) “Blow off some steam” :- To enjoy oneself by relaxing normal formalities. 6) “Blowing smoke” :- To be boasting without being able to back it up ; talking about action without intent to follow through. 7) “Bouched up” :- Substandard; Messed up; Make a shamble of. 8) “Brand Spanking New” :- New and Unused. 9) “Break A Leg” :- A wish of good luck, do well. 10) “A burnt child dreads the fire” :- One does not repeat a painful lesson twice. 11) “Bust your balls” :- To harass with the intent to break one’s spirit. 12) “Busting your chops” :- To say things intended to harass. 13) “Can’t hold a candle to” :- To be far less competent or have far less skills than someone else. 14) “Cat bird seat” :- A highly advantaged position, to have it all. 15) “Chew the fat” :- To talk about unimportant things. 16) “Clean bill of health” :- To be found healthy. 17) “Clear as a Bell” :- Clearly understood. 18) “Close, but no cigar” :- Nearly achieving success, but not quite. 19) “Cold Turkey” :- To Quit something abruptly. 20) “Cooking with gas” :- To be working fast, proceeding rapidly. 21) “ In the Crapper” :- In the toilet, soiled, hopelessly irretrievable. 22) “Crocodile Tears” :- Pretending to cry in an attempt to manipulate or exploit, phony tears. 23) “Crossing the Rubicon” :- When a decisive and irrevocable step has been taken. To commit to a given course of action that permits no return...
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...[pic] Risk Analysis Project Contemporary Auditing By: Diane Lovett Table of Contents Industry Overview………………………………………………………………….2 Corporation: History………………………………………………………………………………5 Mergers and Acquisitions ..……………………………………………………….6 Directors & Executive Officers ..…………………………………………………6 Brief Overview………………………………………………………..……………6 Business Segments…………………………………………………………………7 Competition…………………………………………………………………………9 Governmental Standards………………………………………………………….10 Corporate Governance ...…………………………………………………………11 Legal Proceedings…………………………………………………………………11 Trends & Strategies……………………………………………………………….12 Risks………………………………………………………………………………..13 Risk Factors……………………………………………………………………….15 Analysis of Financial Statements and Ratios…………………………………..16 Conclusion…………………………………………………………………..…….17 Bibliography………………………………………………………………………19 Attachments: A – Income Statement for 5 Years B – Balance Sheet for 5 Years C – Horizontal Analysis of Income Statement D – Horizontal Analysis of Balance Sheet E – Company’s Rations compared to Industry Averages Industry Overview: The automobile industry is comprised of companies that design, manufacture, engineer, assemble, and market automobiles and motorcycles and provide leasing and financial services. Industry performance is closely linked with economic performance. The auto industry represents one of the largest segments of the U.S. economy. The U.S. industry is dominated by the Big Three, General Motors, Ford...
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...ground, to name a few United Airlines, Continental, and Trans-Texas. Even though the other airlines tried to keep southwest from flying legally on December 7, the Supreme Court declined to review the other Airlines case allowing Southwest to fly. A book was written based on Southwest Airlines titled “Green Wrappers and Goggles”, and the Arthur name was Winfield Barnum the story symbolize what happen if for example the name of the characters where T J Love and small jet taken to court by two large jets to stay on ground until the pleas from the court. Southwest have many products and services for example they provide Amenities making traveling extraordinary. Early Bird checks allow the passenger to board the plan earlier and have better opportunities to a preferred seat. Pets Are Welcome on Southwest is another service provided by the airline. Cats and Dogs are the only pets that are allowed on...
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...Expert systems are computer applications that combine computer equipment, software, and specialized information to imitate expert human reasoning and advice. As a branch of artificial intelligence, expert systems provide discipline-specific advice and explanation to their users. While artificial intelligence is a broad field covering many aspects of computer-generated thought, expert systems are more narrowly focused. Typically, expert systems function best with specific activities or problems and a discrete database of digitized facts, rules, cases, and models. Expert systems are used widely in commercial and industrial settings, including medicine, finance, manufacturing, and sales. As a software program, the expert system integrates a searching and sorting program with a knowledge database. The specific searching and sorting program for an expert system is known as the inference engine. The inference engine contains all the systematic processing rules and logic associated with the problem or task at hand. Mathematical probabilities often serve as the basis for many expert systems. The second component—the knowledge database—stores necessary factual, procedural, and experiential information representing expert knowledge. Through a procedure known as knowledge transfer, expertise (or those skills and knowledge that sustain a much better than average performance) passes from human expert to knowledge engineer. The knowledge engineer actually creates and structures the knowledge...
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...9-409-106 MARCH 27, 2009 CHRISTOPHER MARQUIS ROSABETH MOSS KANTER IBM: The Corporate Service Corps In February of 2009, Kevin Thompson, program manager for the IBM Corporate Services Corps sat down with Stanley Litow, Vice President of Corporate Citizenship and Corporate Affairs, and Robin Willner, Vice President of Global Community Initiatives at IBM. They had recently received the results of an independent evaluation of the first 100 participants in IBM’s new employee leadership development program called the Corporate Service Corps (CSC). The CSC was an international community service assignment for high-potential IBM employees and 2008 was its pilot year. 11 teams of IBM’s best global employees had been deployed to work for local partners, frequently non-governmental organizations (NGOs), in locations such as Ghana, Tanzania, Romania, Philippines and Vietnam. Each team had worked for a month on projects as diverse as digitizing the supply chain of the Ghanaian handicraft sector to establishing a strategic plan for the Davao City Chamber of Commerce in the Philippines that would maximize job creation among locally owned small businesses. IBM had high hopes for this program, both as a way to deliver social value to emerging markets, but also as an important strategic business initiative. As globalization had proceeded, IBM CEO Samuel J. Palmisano had focused extensively on making global integration successful and how the new business environment would require globalizing IBM...
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...prison” (Citizens for Juvenile Justice, 2008). For some, the idea of having a child spend the rest of their natural lives behind bars for capital and even noncapital crimes can be daunting and unfair. For many young people, they are at the point in their young lives where they are still trying to figure out who they are and they willingly test certain boundaries. Life in prison without parole attempts to snuff out what little life they have just begun to build. However, many would also argue that if you are capable of doing adult crimes and are willing to accept the responsibility of the crime, then you are capable of serving adult time. But with the landmark Supreme Court decision of Roper v. Simmons in 2005, the sentence of death is no longer possible for juveniles under the age of 18. This decision has changed our views about the level of a juvenile’s culpability and our response to such criminal offenses. Instead of facing...
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