...Reed Elsevier is one of the world leading providers of medical, scientific, legal, technological and business solutions, consulting and providing expertise advice and business solutions for all kinds of businesses. Reed Elsevier was established in 1993 when two companies, Reed Elsevier plc and Reed Elsevier NV combined to form two jointly owned companies (parent companies). First, a UK’s based, Reed Elsevier Group PLC which is equally shared and consists of publishing and information businesses. Second, Elsevier Reed Finance BV which manages the financing activities and is owned 61% by Reed Elsevier NV and 39% by Reed Elsevier PLC. Both of the parent companies have attained their separate identity and are listed separately in the stock market. The company started as two separate organisations, Reed Elsevier plc was started as Reed International and was laid down by Albert E Reed in 1894 in Kent as a newsprint manufacturer. The company underwent several acquisitions to diversify in its operation to finally reorganizing its portfolios and becoming the most recognized company in the publishing industry. On the other hand, Reed Elsevier NV started off as Elsevier NV was formed by Jacobus George Robbers in 1880 as a Dutch publisher which gained support from well known Dutch booksellers and newspapers, later concentrating on business publishing activities and disposing the commercial and book publishing activity. In 1993, both these companies contributed their expertise to form a...
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...Abstract The paper aims at reviewing the organization and business approaches of Reed Elsevier, which is among the FTSE 100 firms with a noticeable global reach. By and large, this is a publishing entity dealing in technological innovations and legal issues, risks and mitigations, healthcare and commercial sectors. By developing a strong brand, the organization has earned the loyalty and trust of a wider clientele base, an aspect that guarantees economic growth. This has been attained by investing heavily in current content that distinguish and enhance the goods and services offered, hence venturing into new market environs. Moreover, the paper evaluates some of the problems the company grapples with, such as slow global financial growth and new entrants into the market. Additionally, the document presents proposals on the areas of company approaches that should be enhanced. Introduction Reed Elsevier is touted as the best functioning international organization. It is listed at position 64 in the league of FTSE 100 organizations and has a market capital of 6.34b. Reed Elsevier is predominantly a research and publishing entity that deals with technological advancement, legal issues, risks and mitigations, healthcare and commercial areas. It consists of Reed Elsevier NV as well as Reed Elsevier PLC, forming a twofold listed entity. With its international presence, the company’s main goal is to offer information, research, and data analysis...
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...Reed Hastings is the founder and CEO of NetFlix. Hastings has traveled a long way from selling vacuum cleaners door-to-door, which was his first job after graduating from H.S. in 1978. Hastings went to Bowdoin College where he majored in Mathematics and he graduated in 1983. After graduation, Hastings backpacked along Africa in the Peace Corps where he taught high school math to children. Upon his return from the Peace Corps, Hastings chose to go back to school to receive his master’s degree in computer science from Stanford University. After attending Stanford, Hastings worked for a software company where he invented a tool for debugging software. In 1991, Hastings left the company to pursue his own business endeavor, which was a start-up organization called Pure Software. The purpose of this company was to provide products which would help individuals troubleshoot software. The company was a huge success and was rapidly growing; in 1996 the company merged with another software company and became Pure Atria. Hastings asked to be appointed as Chief Technical Officer, but left shortly after the company was merged. In 1997, Hastings founded Netflix and launched the subscription service in 1999. Netflix was invented when Hastings had a $40 late-fee when he lost Apollo 13 while renting it. Netflix has grown a lot since then; it is a large company known for their innovative practices. The company grew to one million subscribers in less than four years, and reached...
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...MY REFLECTION Names are one of the most important qualities a person retains during their life on earth, and their time in society. The way a person’s name originates, usually has unique story of how it originated. After living in society for a couple years, people may attain nicknames. The way a person is nicknamed or named by other people, depends on who they are, and what kind of relationship the person has with that person. Also a person’s name is a mark of identity of which that person actually is, and what roles they have accomplished in society. Now, as I relate my name, I think the first name which is ‘mae’ which means ‘bitter’ has some connection to my family’s story. At a young age I’ve experience the bitterness of life wherein both my parents died. It entails also the bitterness, as a young girl, that longs for the love and guidance of her mother since my mother died first and that I don’t have any memory with her. As for my second name, ‘anne’ which means ‘grace’, I can say that overcoming the bitterness of life given to me I became a grace to everyone I met. I became a grace to my aunt and uncle, who supported me with studies today, since they don’t have any children. They also long to have children but they weren’t able to produce. My saint and my archangel have some same factors like they both weigh justice according to the truth. In some ways, I am also a justifiable person. I will not judge anything unless there’s a proof. I only serve the truth. I can also relate...
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...• Meredith Collins, VP of Marketing for Reed Supermarket • Dollar stores are increasing competitor→The Dollar General (DG), , Family dollar, Aldi poses threat due to its remarkable low price, • Jack Morrissey, CEO of Reed Supermarket • Other supermarkets like Wal-Mart, Costco • Higher-end customers • Food manufacturers—aldi, trader joe’s, sell mostly private label merchandise Limited selection stores a) The main problem or two key problems. • Declining shares in the past in the Columbus, Ohio market—the fight for market share is very intense due to large supermarkets, small regional chains, independents that include lower priced TopVal, mid-range Galaxy (owned by Supervalu), and top-range Delfina, three Whole Foods Market—Wal-Mart Supercenters, four Target Superstores, and one regional chain, Five Warehouse outlets—three Costco and two Sam’s, low-end channels like drug stores and gas stations (COMPETITORS) • Unite States’ consumer price index is flat—customer are not loyal, they have become savvy customers who shop at different stores for a best deal, Warehouse has attract consumer bulk buying shoppers, the growth of private label foods, American consumers has become health conscious—benefiting whole food stores, Trader Joe and others like Reed, • The perceive customer believe that Reed’s products are expensive—and price is indeed higher, main problem pg 6 • Dollar special campaign might tarnish the image of Reed because it is too close to dollar store offerings...
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...Answers Here are your latest answers: Question 1 _____ is one of the Virtues of St. La Salle that says: "an ardor in the pursuit of any desirable goal to accomplish the best results" Response: Zeal Correct answer: Zeal Score: 1 out of 1 Question 2 _____ said that, virtue is a good quality of the mind by which one lives rightly, which no one uses badly, which God works in us but without us. Response: St. Augustine Correct answer: St. Augustine Score: 1 out of 1 Question 3 _____ defined that virtue is a habit that is good, it perfects the power of the soul and inclines one to do good. Response: St. Thomas Aquinas Correct answer: St. Thomas Aquinas Score: 1 out of 1 Question 4 _____ is one of the Epistles that says: “So everyone who acknowledges Me before men, I also will acknowledge before My Father who is in heaven.; but whoever denies Me before men, I also will deny before My Father who is in heaven. Response: Titus 3:6-7 Correct answer: Titus 3:6-7 Score: 1 out of 1 Question 5 _____ are the WORST VICES RESULTING FROM LACK OF MODERATION IN SENSUAL PLEASURES are _______ , _______ , ________ Response: Gluttony Response: Drunkeness Response: Drug Addiction Correct answer: Gluttony, Drunkeness, Drug Addiction Score: 1 out of 1 Question 6 _____ is the Leader of the Church who said that: "“The fundamental commitment of man is a decision of faith, and obedience of faith by which man makes a total and free self-commitment to God, offering the full...
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...Case Study Russian Standard Vodka: Strategies for Global Branding and Expansion into the US Market INTRODUCTION 1. Russian Standard Vodka is a major Russian premium vodka brand. Established in 1992, Roust Inc. is Russia’s largest importer and distributor of spirits and Champagnes. In 1998, Roust launched Russian Standard vodka, which quickly became the highest selling premium vodka in Russia, ahead of established international and local brands such as Stolichnaya, Smirnoff, Finlandia and Absolute. 2. Russian Standard’s success can be attributed to the high quality of the vodka itself, its Innovative and distinctive bottle, to its strong presence in bars, clubs and supermarkets, and to a brand identity that is proud to leverage its Russian heritage while promising world-class standards of quality (hence the name ‘Russian Standard’). Interestingly, and quite unusually, the Russian Standard brand was also used to launch a Commercial Bank focusing on consumer lending which also became a huge success in little time thanks to its financial solidity and aggressive marketing. 3. Encouraged by its rapid success at home, the company is considering whether it should Launch Russian Standard in the biggest premium vodka market in the world - the US – and whether it should adapt its marketing mix or stick with the strategy that has been so successful 4. In Russia, to help make these two decisions, the case provides detailed information on consumer habits and competition in Russia...
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...Reeds Clothier is a clothing store that has been around since 1936. It was founded by Jim Reed an ex military man from VMI (Virginia Military Institute). The majority of his customers were from VMI and his banking officer was too. I believe that these cozy relationships might have been the cause of the financial distress that occurred in this case. Jim's banking officer was lenient, because he was a friend. Jim had adopted a loose working capital policy with higher current assets than industry averages. Jim's customers were slow to pay A/R because they were friends and Jim was afraid of losing their business if he pressed them too hard. His sales overall might suffer if he losses these customers. But on the other hand if they turn out to be very loyal customers who understand that Reed's new policies are normal practice for most businesses, they might get on board with the new policies. The problems started when a new mortgage was taken out to remodel the store. They lost the rent they were receiving from the tenants on the third floor and now they had more bill and interest to pay. Jim use to take the 3/10 discount from his suppliers and since he can't anymore he is paying too much. A 3 percent discount would be allowed if paid within 10 days. The bill would be due in full within 60 days. Annualized discount of 3 percent on a 60 day cycle would be 18 percent. 360/60 x 3%= 18%. The new banking officer Mr. Holmes wanted Reed's to have an inventory reduction sale because he...
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...1. What is your personal view of the Philippines today? I think our country today is in its dented form. Philippines is in a bad shape because crime rates are going up, more people are becoming HIV-positive every day, the government, despite its promises to change is still corrupt, foreigners are scared to visit our country and less people go to church. Our current state is saddening. We have a dented reputation because of the ugly things that happen here every day – and the world knows about it. It’s shameful that we allow these tragedies to come about – it’s as if we are not a Catholic country. 2. How can you contribute for the betterment of the country? As a concerned Christian who wants to make a difference, I can start by praying, not for my personal wishes but for the good of my country. I should also influence people around me by telling them to be selfless in prayers and pray for the improvement of our poor nation. Prayer makes a big difference, but the Philippines have such enormous problems that it also needs enormous prayers. I believe in the power of prayer because I grew up seeing how it made our family overcome problems and trials – we only have to call on to God and he will lead us to His plan – at the end of day, everything has become well. I believe that it is not too late for the Philippines, that there is still hope, but there is work to be done. We should start proving that we are a Catholic nation – we should learn to pray and call on to God,...
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...Reed Supermarkets Growth Action Plan Prepared By: Vishal This document explores the Industry of Supermarkets, Industry players and Competition and outlines the Growth Action Plan for 2011 to be driven by Meredith Collins, VP of Marketing, Reed. Reed Supermarkets Growth Action Plan 2011 Action Plan for Reed’s Growth 2011 Background: Meredith Collins, VP of Marketing, Reed, needs a plan for 2011 to execute to grow its current market share from 14% to 16%. Margins for error are negligible as competition has intensified in every segment and current economic conditions aren’t looking good. Recommendations for Growth: Stop the dollar special for each week: 1st step is to stop the dollar special promotion immediately. This is not consistent with the brand equity and positioning built over the years. It’s resulting in net operating loss of 76% on each discounted item and overall decreased the net operating profit for 2010 to 0.4% only (details in justification). Moreover, this promotional activity is polluting the message for regular consumers, considering that some of the dollar stores are located nearby. Increase Sales Target: To increase the current market share to 16%, sales target is set to 775Mn for 2011. It’s an increase of 95Mn. from 2010, on the assumption that total market size (4.74Bn) remains same. Focus and Maintain current Target Segment and Increase the Wallet Share: Continue focusing on the current target segment of affluent and older customers with smaller...
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...Executive Summary Reed’s VP Marketing Meredith Collins needs to develop a plan to increase the market share (MS) of this company from 14% to 16% in the Columbus Market. The Reeds actual expansion plan does not consider any new store opening. The competition in the retailers market is intense and the profit margins are low, therefore Collins has a minimal margin of error. Reed is the actual leader of the retailer Columbus Market but the Executives of the company are worried that Reed lost 1% of MS in the last five years. They just have implemented the dollar Weekend Campaign with no considerable important results. Reed Business is in the High end segment and it has differentiated by offering high quality products and excellent customer service. In this market price is the most important factor, but location, quality, diversity of products and customer service are also points of differentiation. In the latest years in Supermarket Industry the private labels have not been perceived anymore as low quality and their presence in the market has increased in 3% since 2005. Customers have become friendlier towards healthy and organic food. The customers are not as loyal as 20 years ago; nowadays is a trend of savvy customers. Reed’s customers are affluent, old and owned small medium houses, also more likely to have a pet. Based on the facts above my recommendation is maintaining focus in its actual customer segment, improving the product mix offered by developing private labels,...
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...Reeds Clothier FIN/370 August 29, 2011 Rodney Nelsestuen In 1934, the Reed Clothier’s was opened by Jim Reed because the military was downsizing. Because Jim was not a natural businessman, Jim found it difficult to run the business; especially in the first six years, but Jim had faith that he could make it grow. In 1976, he turned the business over to his son. The sales, at this point, had risen to $800,000 a year. Jim’s son, Jim Reed II, was not effective with running the financial aspect of the business. By 1981, there was a large mortgage debt of $880,000. This is in addition to being behind 40 or more days behind on vendor payments. Because of this, the bank has refused to renew the line of credit; which is one of the most important sources for financing the business in order to meet its working capital requirements. To make matters worse, the financial ratios, utilization of assets, and inventory are below industrial average, and Reeds Clothier’s need to improve its financial position by utilizing their assets more effectively. If company can raise their profit margin by controlling expenses, the effect of low assets utilization would be minimized. It is important for the business to utilize its assets, increase its turnover, and recover receivables in time in order to remain in business. If Reeds can do this, the bank will feel more comfortable with increasing its line of credit. If company...
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...Group Interim Report Group Name Date submitted Client’s name Executive summary of the changes you are proposing with a rationale for the changes. Portfolio 1 Portfolio 2 SOURCE ----------------------- 27/10/2013 Group 20: Girls’ Power David King Markowitz portfolio theory (MPT) is a theory on how risk-averse investors can construct portfolios to optimize or maximize expected return based on a given level of market risk, emphasizing that risk is an inherent part of higher reward. According to Markowitz portfolio theory, investors attempt to maximize portfolio expected return by analyzing risk, return, correlation and diversification...
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...Privacy policies, code of ethics, insider trading policies. All the policies are consistent with each other. They all want their employees and board members to act ethically. They want their nonpublic information to stay private and prohibit insider information trading. vi. II. Corporate Governance a. Board of Directors i. Mostly External members. Jay Hoag- Technology Crossover Ventures. Timothy Haley- Redpoint Ventures. Ann Mather- MGM holdings Inc. Leslie Kilgore- Linkedln Corporation. Richard Barton- Zillow, Inc. A. Battle- Aspen Institute. Reed Hastings- Chair of board ii. Significant shares on the board are only held by Leslie Kilgore. Reed Hastings and Jay Hoag hold 0. iii. Publically traded iv. Richard Barton-2002 A. Battle-2005 Timothy Haley- 1998 Reed Hastings- 1998 Jay Hoag -1999 Leslie Kilgore- 2000 Ann Mather- 2010 b. Top Management i. Reed Hastings is the Founder and CEO. David Wells is the CFO. ii. Reed Hastings has been the CEO since 1998. He...
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...Name:___________________________ Date:_____________________ Time:____________________________ Test I. IDENTIFICATION: Identify the following. __________________1. The Greek word for “ Messiah- Anointed One”. __________________2. The most important characteristic of Fire . __________________3. It means both destruction and life for the Jew. __________________4. Stressed the importance of infant baptism. __________________5. Provided for the use of water in ritual cleansing. Test II. TRUE OR FALSE. Write True if the statement is correct and False if the statement is wrong. __________________1. The Holy Oil is used in baptism as an important symbol with profound meaning. __________________2. St. Augustine understood baptism as a drowning or a death and rebirth as a new being. __________________3. The rich symbolic anointing chrism reminds the Jew that his or her task is to walk in the footstep of Jesus. __________________4. The Petrine Gospels (Matthew, Mark, Luke) all give accounts to Jesus Baptism. __________________5. Dead bodies were also anointed with oil as a preparation for burial. Test III. ENUMERATION. Enumerate the following 1-3 three things symbolized by Jesus’ baptism as asserted by the Theologian Bernard Cooke. 4-6 first group of sacraments: SACRAMENT OF INITIATION 7-8 third group of sacraments: SACRAMENT OF HEALING 9-10 second group of sacraments: SACRAMENT...
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