...A high ratio shows that the assets of the company are being funded with debt which can be risky. In Rite Aid case in 2008 the common size debt ratio was 114.14% and increased to 120.79% which is very high compared to the industry average which is 43.83%. In 2008, the common-size interest expense for Rite Aid is 1.82%, increased to 2.01% in 2009. The common-size interest expense ratio determines how much of the revenue is being spent to pay interest expense. A low ratio is good because the company is not spending too much on interest expense. Rite Aid’s common size ratio interest expense is twice the industry...
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...Rite Aid ------------------------------------------------- Company Statistics ------------------------------------------------- Company Rite Aid ------------------------------------------------- Exchange NYSE ------------------------------------------------- Ticker RAD ------------------------------------------------- Sector Consumer Staples ------------------------------------------------- Industry Retail Staples ------------------------------------------------- Recommendation Buy ------------------------------------------------- Current Price $5.68 ------------------------------------------------- Target Price $6.00 ------------------------------------------------- Market capitalization 5.268 B ------------------------------------------------- Shares outstanding 9.16 M ------------------------------------------------- ------------------------------------------------- Company Statistics ------------------------------------------------- Company Rite Aid ------------------------------------------------- Exchange NYSE ------------------------------------------------- Ticker RAD ------------------------------------------------- Sector Consumer Staples ------------------------------------------------- Industry Retail Staples ------------------------------------------------- Recommendation Buy ------------------------------------------------- Current Price $5.68 ------------------------------------------------- ...
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...Graduate Research Paper: Mahle Group Debra S. Tacconi BUS 640: The Financial Environment Dr. Alfred Kahl June 01, 2015 Table of Contents Abstract ............................................................................................................................... 3 Introduction ......................................................................................................................... 4 Literature Review................................................................................................................ 4 Analysis............................................................................................................................... 5 Principle 1: Money has a time value ....................................................................... 5 Principle 2: There is a risk return trade off ............................................................. 7 Principle 3: Cash Flows are the Source of Value.................................................... 8 Principle 4: Market Prices Reflect Information .................................................... 10 Synthesis............................................................................................................................ 11 Principle 1: Money has a time value ..................................................................... 11 Principle 2: There is a risk return trade off........................................................... 11 Principle...
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...Rite Aid Corporation which ranks as the third largest retail drugstore chain in the United states, control about 2,380 drugstores in 28 states across professionals pharmacy service, a full selection of health and personal care products, an assortment of general products in the nation and in the District of Columbia ( Rite Aid, 2007 ). Rite Aid has a great management team to help them with their success their team includes Chairman, President and Chief Executive Officer, Special Advisor, Corporate Strategy ,Chief Operating Officer ,Chief Administrative Officer ,Executive Vice President – Pharmacy, Executive Vice President, Store Operations ,Executive Vice President and General Counsel( Rite Aid, 2007). Differentiate between management and leadership is very different for example, response to its huge losses, Rite Aid has said it expects to spend more than $94 million to reassess and restate its financial results for 1998 and 1999( ). Furthermore, that includes rerunning mainframe-based accounting systems and paying IT people overtime to work with internal and external accountants and auditors during the process. Still, Rite Aid does not plan to replace its combination homegrown Computer Corp. accounting system.Rite Aide challenged by the complication and lack of standard interfaces the finance and accounting functions support throughout the organization. Data is not formats or transported in standard border or structure. Manual work is required to fit data within budget codes and...
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...Rite Aid Store #6108 and the Leadership of Jeffery Pidlypchak C200 Managing Organizations and Leading People September 10th, 2014 Rite Aid Store #6108 and the Leadership of Jeffery Pidlypchak Rite Aid Corporation is one of the leading pharmacy chains in America. The company operates approximately 4600 stores in 31 states, with a dominate presence on the east coast, and holds a status of being the nation’s third largest pharmacy retail chain (Our Story, n.d.). Store number 6108, located in Truckee, California is one of 25 stores in the district located in the Sierra Nevada’s and Sacramento area. The Truckee Rite Aid is the second highest grossing store in the district and has made great strides in the last two years of improving gross margin and controlling expenses. The store’s primary objectives are: meeting and beating sales goals, maintaining and increasing gross margin, controlling expenses within predetermined goals, increasing prescription counts, increasing customer satisfaction scores, and improving associate satisfaction scores. The store’s Primary leader is the Store Manager Jeffrey Pidlypchak, while the pharmacy is overseen, in partnership with the store manager, by Pharmacy Manager Robert Chan. Due to the store’s high amount of losses in the past, the store manager also partners with an in-store Asset Protection Agent to prevent and mitigate losses. The Store Manager leads a team comprised of an assistant manager, two to three supervisors, and eight...
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...Introduction Walgreen Co. and CVS/Caremark are two of the largest retail drugstore chains in the United States, offering consumers a variety of basic consumer goods including household products, convenience foods, personal care, beauty care, photofinishing, and seasonal items, as well as over-the-counter and prescription medication. In addition to their well-known retail pharmacies, both companies also operate a health services health and wellness division. Within the retail pharmacy industry CVS/Caremark and Walgreens continually battle for the retail position. This document will offer an overview and basic competitive analysis of the two companies. Background Location & Type of presence (brick and mortar, or internet) According to the CVS/Caremark 2011Annaul Report, page 23; as of December 31, 2011, the CVS/Caremark Retail Pharmacy segment operated 7,327 retail drugstores with 7,271of these retail stores operating a full service pharmacy. Their stores are located in 41 states and the District of Columbia and Puerto Rico. Additionally, within these retail stores operate 657 health care clinics conducting business under the Minute Clinic name. The retail pharmacy stores operate primarily under the CVS/pharmacy or Longs Drugs names. In addition, the Pharmacy Services segment operates under the names CVS Caremark Pharmacy Services, Caremark, CVS Caremark, Care Plus CVS/pharmacy, Care Plus, and Rx America to providing pharmacy benefit management services to employers, insurance...
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... * 背景 数据表明，仅从2005到2010年，网购的消费量就增加了22倍。随着互联网的使用人群逐渐扩大，越来越多的企业涉足电子商务市场，而许多传统医药企业也纷纷探入这片领域，开设网上药店。因为药品从开发、生产到上市都是高度标准化的，所以它的质量、功能、适用范围等等都可以具体量化，所以它是非常适合网上交易。因此，医药电子商务成为了近年来的一个热点。2010年，中国电子商务市场交易额达＊＊＊元，同比增长＊＊。面对如此形势，中国的医药行业流通转型已是必然，传统落后的商业模式已经落后。而事实上，我国的B2C医药电子商务早在9年前开始起步发展，并在当时得到了政府的大力支持。然而此领域并未如预期的迅猛发展，加之频发的食品安全问题，使得政府对相关产业高度关注。并且药品的安全问题要更加关键，因此，药物流通监管部门明显加强了监管力度，甚至一度暂停了对B2C网上售药资质的审批。相反，美国B2C电子商务已经发展的非常成熟，占据医药流通市场过半份额。网上药店超过＊＊家，形成＊＊美元的市场规模。调查表明，美国超过50%的网民表示曾在网上查询、购买过医药保健品。因此，通过研究分析中美医药电子商务的发展历程和经历可以很好的为国内的企业引路，从而谋得更好、更高效的发展。有效的促进行业发展和国家医疗改革。 二、案例分析 （一）Drugstore.com 1.公司简介及其市场 1999，新成立的Drugstore.com宣布，与Rite Aid（著名连锁零售企业）成立合作伙伴关系。以76亿美元的价格向Rite Aid售出25.3%的股份，同时向Rite Aid的合作伙伴售出8％的股份。Drugstore.com希望通过Rite Aid在美国的多家连锁店的影响，加速其药品的物流速度。而Rite Aid将通过其3,800家连锁店的购物袋和收据，国家广播电台，和电视广告宣传Drugstore.com。此预计每月会有4万5千位客户会通过Rite Aid的连锁店订购药品，因为更多的人相信和了解Rite...
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...customs and values that shape their behaviour and way of life. Mabvuku and Tafara have an unusually high concentration of people of Malawian, Mozambican and Zambian origin who migrated to seek work mostly before the Zimbabwean independence. Due to this diversity, women and girls who have undergone female circumcision were interviewed. Mabvuku is a high-density suburb some seventeen kilometres east of Harare. It is classified as a suburb or township of Harare, with the Harare City Council constituting local government. This inquiry is exploratory, descriptive and qualitative in nature, based on interviews with women who had undergone the practice in Mabvuku-Tafara. The inquiry can be termed therefore, a qualitative research done through a case study design. This research method is preferred because the researcher is exploring a subjective understanding of social reality rather than a statistical description of generalized ideas. The quest is to discover a socially constructed reality from the viewpoint of the people being studied. This research presents female circumcision in its cultural context to understand the ethical motivations of this on-going practice and the reasons why it is secretive in nature. 1.1 BACKGROUND The attempt to define the practice of...
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...Exchange 37 (2008) 124-155 www.brill.nl/exch Ethiopian Traditional Values versus the Social Teaching of the Church Solomon Dejene Research Student, Nijmegen Institute for Mission Studies, Nijmegen, The Netherlands Email: S.Dejene@nim.ru.nl Abstract Even if the Roman Catholic Church does not have a very long history in Ethiopia and constitutes a small minority of the society, her social significance is great in part due to the structural development programs she runs through out the country. The main aim of this paper is to identify how much the Church1 has made use of traditional systems and values in reflecting and communicating pastorally particularly in regard the Social of the Church (henceforth CST). By analyzing four selected pastoral letters, this article tries to spell out the strengths and shortcomings of the Church in employing traditional systems and values in giving form to the CST. Keywords Catholic social teaching, human dignity, common good, solidarity, reconciliation and peace, contextualization, Ethiopian traditional values Introduction Most of the current national boundaries of Africa were drawn during the colonial period and do not reflect the socio-cultural, ethno-linguistic and religious compositions of the colonies. Although Ethiopia has successfully overcome European colonial power and survived as an independent state with the exception of a five year Italian occupation (1936-41), its contemporary national boarder is a result of the scramble for Africa....
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...CVS Web Strategy Case Analysis Brandon Matthews 9/30/2009 1 Overview Introduction Consumer Value Stores, better known as CVS opened its doors in 1963 as a health and beauty supply store in Massachusetts. Since then it has evolved to one of the largest retail pharmacy chains in North America. In 1999, CVS was faced with a new business strategy. It appeared that there was a lot of traffic on Wall Street involving online pharmacies. The consumer and stakeholder demand for a strategic web presence for companies, with no exception of pharmacy giants like CVS, pressured the executives to implement a business strategy of incorporating its pharmaceutical retail services with the web. Helena Foulkes, Vice President of Marketing at CVS, was charged with ensuring that this new business strategy succeeded. CVS acquired a web company, Soma.com whose entire business strategy was similar to what CVS was attempting to achieve. Foulkes was faced with critical strategic challenges in transforming their new Information Technology (IT) initiative, Soma.com, to CVS.com. In this paper, we will introduce the retail pharmacy industry and its protagonists, achieve a bird’s eye view of CVS’s organizational structure, understand who CVS’s customers and competitors are, introduce the term Alignment Link in terms of overall strategy, implement the SWOT analysis tool to gauge ...
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...Work Related Project Analysis The analysis of a system is a required and formal investigation which must be done in order to assist a person or an organization in a decision making process. Better choices or decisions are made with a system analysis than without (Kay R, 2002). Identification of the underlying issues or the main complaints made by a client must be included as part of the system analysis. Problems and alternative methods including the risks and benefits of the alternative methods must be assessed as well as part of the system analysis. For the consumers and development team to make the best choice from the several improvement methods, it is important to consider these risks and benefits (Kay R, 2002). Personal and cooperate plans, development, and other services typically use the system analysis in directing decision making. The Reliable Pharmaceutical Services Some health care organizations offer pharmaceutical services to other health care delivery organizations that do not have the ability to run such services. The book ‘System Analysis and Design in a Changing World’ by John W. Satzinger, Robert B. Jackson and Stephen D. Burd illustrates this by the use of a case study of a Pharmaceutical company, The Reliable Pharmaceuticals Services. In this case study, the pharmaceutical services are offered or provided to hospitals, nursing homes and rehabilitation homes. These health care facilities have to ability to make prescription orders on the telephone to the...
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...Table of Contents Executive Summary………………………………………………………………………………………...…3 Situation Analysis Market Summary……………………………………………………………………………………..4 SWOT Analysis……………………………………………………………………………………....5 Competition………………………………………………………………………………………....10 Macro-environment……………………………………………………………………………….....11 Target Markets……………………………………………………………………………………....11 Reference Page……………………………………………………………………………………………....12 Executive Summary In this marketing plan I look at Walgreen’s as a company. I analyzed the market as a whole including the demographics, needs, trends, and growth. The strengths, weaknesses, opportunities, and threats are all listed for Walgreen’s and is also compared to some of their competitors. I looked into the macro-markets for Walgreen’s and also the target markets to wrap the entire marketing plan up. I found that Walgreen’s is a very successful company and has done well with their research as far as their customers go. Situation Analysis Market Summary Market Demographics- The market demographics for retail pharmacy are very broad. The market includes all age groups from newborn babies to seniors. The demographics also include all races and genders as well as individuals of all income levels. There are long-term care patients and short-term care patients. There are patients who need health tests, help with choosing an insurance plan, immunization and travel consultations and so much more. Market Needs- The market needs for retail pharmacies...
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...------------------------------------------------- Leeds Metropolitan University ------------------------------------------------- Leeds Business School ------------------------------------------------- Corporate Strategy Critically examine how the success of Ikea has been supported by its organisational culture Mona Thorvaldsen, Kate Mulvana, Joan Kawalewale, Tom A. Trosterud, Jodie Evans MA Public Relation Management & MA Business Studies Semester Two Module Leader: Lawrence Bellamy Contents Page No Chapter 1 – Introduction | 3 | | | | | Chapter 2 – Background | 3 | | | | | Chapter 3 - Appraisal | 4 | | | | | Chapter 4 – Analysis | 9 | | | | | Chapter 5 – Conclusion | 14 | | | | | Bibliography | 15 | Executive summary This report examines the corporate culture of the global furniture leader IKEA and discusses the link between Ikea’s culture and its performance. The cultural web is used as a device for breaking up the complexity of organisational culture and for demonstrating that Ikea enjoys a strong and consistent culture. The report identifies synergy between Ikea’s culture and strategy, arguing that culture has given the organisation competitive advantage. Furthermore it points to the complex set of factors influencing performance, and how Ikea’s culture is one of several components in its success-formula. 1.0 Introduction Organisational culture...
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...American Well MKT/421 February 8, 2016 American Well Even though medicine and technology have come a long way, I think we have gone back in time. Years ago doctors would make house calls, then came the big hospitals and the long waits to get a simple prescription. Now we have the option of getting a consultation online or via telemedicine. Amwell has been providing direct to consumer telehealth medicine since 2009. Not only is it convenient, online visits are cost effective. Consumers save time, accessibility and have lower fees. Amwell is largest telehealth company in the country that offers a variety of care from Trauma to substance abuse. Overview of AmWell Tired of having to make an appointment to see a doctor or visit your nearest clinic when symptoms of health concerns strike? Well, there's a new breakthrough in technology. A mobile healthcare service that is available on your cell phone or mobile device. Just download the App "AmWell" (American Well) allows you to connect instantly with a doctor by downloading the App from your smartphone or mobile device. Whether you connect with your actual doctor or choose one from the network providers. This technology is sweeping the nation. Blue Cross and Blue Shield has joined the partnership to provide its members with easy access to available healthcare. The joint effort of the two is available in 26 states. That's half of America (American Well, 2015). Founded by Doctors Ido and Ray Schoenberg. It is there...
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...BA 400 – 002 February 25, 2014 Essay 2 CVS Caremark Steven Graham 1834-5319 Background and Introduction of CVS Caremark Decision On February 5th CVS Caremark announced that they would cease the sale of cigarettes and other tobacco products in its stores. This measure is scheduled to begin by October 1, 2014. Once this action is taken, CVS Caremark will be the first national pharmacy chain to drop the sale of tobacco products. The President and CEO of CVS Caremark, Larry Merlo, stated the following, "Ending the sale of cigarettes and tobacco products at CVS/pharmacy is the right thing for us to do for our customers and our company to help people on their path to better health." Tobacco sales represent $2 billion in annual revenue for CVS Caremark. This is causing many to question if this is a good move for CVS Caremark. Analyzing this Decision with Respect to Key Stakeholders It seems crucial to analyze the aforementioned decision with respect to three key stakeholders. The stakeholders that will be analyzed are CVS Caremark employees, shareholders, and customers. This is not an exhaustive list of stakeholders, but it represents fundamental primary stakeholders. Employees of CVS Caremark have a significant stake in the company’s decision to drop the sale of tobacco products. Some employees may fear the significant profit loss that this decision represents. This fear would likely be compounded by the lack of details that CVS Caremark has provided on how they...
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