KENYATTA UNIVERSITY SCHOOL OF BUSINESS. SUBMISSION DATE; 12.02.2016 UNIT NAME; BANKRUPTCY AND REORGANIZATION. UNIT CODE; BAC 306. LECTURER; MEMBER REGISTRATION NUMBER PHONE NUMBER SIGNATURE OLIVER MAINA MUCHIRI D33/1317/2013 0720986782 HINGA KELVIN GICHUHI D33/1506/2013 0706503330 CHEPKEMOI RUTH MAKOR D33/1455/2013 0724895863 CHERONO MERCY D33/1482/2013 0707550615 KIPNGETICH KOSGEI KEVIN …show more content…
* Incase of serious financial and operating problems such as loss of a major customer or the danger of imminent bankruptcy. * It is proposed in order to provide the company with more flexibility in possible future fundraisings. * To allow the company to reduce certain costs associated with maintaining a large shareholder register in particular printing, postage and registrar’s cost. * It also helps the company in ensuring that it stays competitive in the market. * If a corporation wishes to issue a class of non-voting shares to investors but only has common shares outstanding. The reorganization may involve the disposition of its existing shares in exchange for other shares of the corporation. * It ensures reduction of the number of ordinary shares in circulation. * It provides the mechanism that makes capital payment tp the shareholders (return of capital or capital distribution). * It is a prelude to downsizing the company. * It is important if the company wants to go global regarding its business operations. * To make a reduction in the company’s market capitalization. REFERENCES 1. Kenyan law/ gazette 2. Reorganization plan “west encyclopaedia of American law. 2005. Encyclopaedia.com 3. “Clash on new bill on an organization.” New york times. March 3, 1939. 4. “Executive reorganization, senate approval,” New York Times. March
How can it be helpful to a company's growth? How can it be harmful? Give examples to support your answer.
According to the Miles and Snow strategy typology, there are four basic organizational or strategic types; prospector, defender, analyzer, and reactor (Parnell, 2014). The prospectors tend to be creators of change in the industry. Defenders do not search for new opportunities outside their normal narrow product-market domain. Analyzers are flexible and are mixture of both prospectors and defenders. Reactors are not consistent, and do not respond to environmental pressures well (McDaniel & Kolari, 1987). Dollar Tree would be categorized under the defender strategy. They have a narrow product-market domain, and do not search for new opportunities. Dollar Tree did not introduce any new products or services first as Dollar General opened its first
e) You would like to compare Whole Foods Market 's operations to those of one of its competitors. The competitor uses the FIFO method of inventory costing. Use the information from the notes to the financial statements to restate Whole Foods Market 's fiscal 2001 net income assuming that Whole Foods Market had always used the FIFO method of inventory costing.
Wal-Mart is an American multinational retail corporation and one of the leading discount department retail stores (Wikipedia). It is the highest- grossing company in the United States (Fortune 2008a), and is by far one of the most successful companies worldwide. Wal-Mart offers a place to buy the majority of our goods under one roof like electronics, furniture, clothing, pharmacy, sports, food, books etc. Wal-Mart sells good at lower price than the others and this is even shown by its slogan “save money, live better”. It drives out smaller and sometimes even the expensive stores out of business due to its lower prices. Wal-Mart provides jobs for thousands of
2. to avoid the company dwindling away assets and further reducing any return to creditors.
Running Head: DOLLAR GENERAL 1Dollar General StrategiesGlenda ReeseManagerial Marketing BUS 620Professor Mary WrightJuly 8, 2012
BBBY faces both external / internal potential problems while it tactics to implement its expansion plan.
order to be in the top markets. This will also help you build a good reputation and increase
To improve their goodwill and reliability; To inflate the prices of shares that would lead to the possibly increase capital; Avoiding debt covenant restrictions as the lender’s agreement states a minimum limit of term loan of cash and unpledged receivables, working capital and net worth.
It would only make sense that the company is paying attention to what their customers need, want, and think. If the company is up for it, they will create a loyal customer and a good sector in the marketplace in regards to their products.
In what ways does Trader Joe's demonstrate the importance of each responsibility in the management process—planning, organizing, leading, and controlling?
1. How would you characterize the business risk of Bed Bath & Beyond? Review their financial performance.
firm’s financing, for example, issuing or repurchasing stock and borrowing or repaying loans. It also
The company aims at ensuring that they are recognized as a leading company in its industry and rise above the noise in the market that is caused by competition.
International strategies are plans that are made by organizations to guide them in different commercial transactions that take place in different countries. On the other side, the organizational structures highlight how an organization plans its hierarchy, identify tasks to its personnel and ensure that workforce collaborate to reach a common goal. For a company to be successful in the international venture it has to properly organize its human resource, support devices as well as how it will group its products, services or brand so that it can increase its effectiveness. Therefore identifying the proper international strategy and organizational strategy for Whole Food Market will assist it to accomplish the goals that it has set and clearly