Management Discussion & Analysis
The Management’s Discussion and Analysis of Rainbow Paint Company make available the examination of the company’s financial results for the period ended December 31, 2012. The following facts should be studied in combination with the audited financial statements and notes to accounts for the period ended December 31, 2012 which is made according to appropriate principles and procedures. All amounts are stated in dollars unless otherwise noted.
The discussion contains few statements that may be believed “forward-looking statements”. All reports in the discussion, other than statements of historical facts, are called as the forward looking statements since we have used what we know and expect today to make a
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It is projected that cash reserve for the business will rise in future due to growth in sales and therefore the cash dividend is likely to rise in future. The new equipment has been fitted and with this new equipment, a new streak of paint products are anticipated to be announced. This shall be the new line of paint specially made for the newlyweds. This will be announced as environment friendly, easily removable paints which can be used by the newlyweds to decorate their room in different themes. This is anticipated to raise the revenue of the business by 0.3 times.
Rainbow Paint Co.
Comparative Balance Sheet
December 31, 2011 and 2012
Assets 2011 2012
Current assets: Cash $ 175,000 $ 125,000 Marketable securities 150,000 50,000 Accounts receivable (net) 425,000 325,000 Inventories 720,000 480,000 Prepaid expenses 30,000 20,000 Total current assets $ 1,500,000 $ 1,000,000
Long-term investments 250,000 225,000
Property, plant, and equipment (net) 2,093,000 1,948,000
Total assets $ 3,843,000 $ 3,173,000 Liabilities
Current liabilities $ 750,000 $ 650,000
Long-term liabilities: Mortgage note payable, 10%, due 2009 $ 410,000 - Bonds payable, 8%, due 2012 800,000 $ 800,000 Total long-term liabilities $ 1,210,000 $ 800,000
Total liabilities $ 1,960,000 $ 1,450,000
Stockholders' Equity
There are many reasons why the Jamestown colony nearly perished. Some of the traditional views and interpretations as to why would be the following. One, the Virginia company made a poor choice in the geographical location of the colony of Jamestown. It had brackish water in the river, as well as the location was very marshy with many mosquitos which brought on disease. Another reason would be poor work ethic of the colony. It was told that many colonialists went to the new world in search of gold and other riches than to fully work on Jamestown.
The following report includes selected financial data analyzing the performance of our company Life Through the Lens for year 12. Included is our strategy for the current year, future initiatives for our four regions, our competitor analysis, and reasons our company has not been improving as well as we had projected. At the moment our company’s current position is not up to par with our previous years regarding where our company is standing among our competitors. Please refer to Table 1.0 above to further understand our company’s performance for the end of year 12.
The financial department have been asked to carry out analysis all invoices from the past year to provide data on where wastage is taking place.
Information needs should be the driving force behind information systems. An information need is a business’s requirement to capture a specific piece of information or set of information points to meet a business necessity.
Although margins have been maintained, sales have not increased. There is a threat of losing consumers do to now being the highest-price paint in the service area. Therefore, Jones/Blair must draw attention to their core competencies to leverage themselves in the marketplace.
In this case study of Berkshire Industries PLC, we will be focusing on the evaluation of their new incentive system and address their potential options. This new system focuses on economic profits instead of accounting profits. To better understand the implications of the economic profit-focused system, we will perform a data analysis on the companies Snack Division. Furthermore, we will assess the negative effect this system had on their underperforming division, Spirits.
Within this assignment I will describe my understanding of the links between management and leadership, the skills and styles of management and leadership, the application of management and leadership theories in an organisational context and planning for the development of management and leadership skills.
Management is a “process, comprised of social and technical functions and activities, occurring within organizations for the purpose of accomplishing predetermined objectives through human and other resources.” In order to achieve the desired objectives of the organization, managers carry out technical and interpersonal activities and work through and with other people. PPG 4. This paper will summarize my interview with such manager, along with the description of the purpose of interview, brief introduction of the interviewee and his organization. The paper will also relate ideas and topics covered in the interview with the management principles in healthcare and finally explain what was learnt in this process.
To organize and prioritize the current and future projects in the pipeline in a way that fits into the PMB budget of $5B, and ensures projects that increase sales, growth, and stockholder value are of top priority, whereas projects that are not beneficial are either put on hold or discarded.
As a Naval Officer I had the opportunity to experience both leadership and management. Today's Navy operates with fewer people and resources than before. Therefore, leadership and management are more important than ever. Very early in my career I was taught leadership and as I advanced through the ranks I experienced management.
The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary challenges for the contemporary manager. A manager is an organizational member who is responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved. According to a widely referenced study by Henry Mintzberg, managers serve three primary roles: interpersonal, informational, and decision-making. Management is process of administrating and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization.
For decade’s individuals, companies, and organizations have spent an unprecedented amount of money on researching, molding, modeling and working to define what a leader is and what characteristics make successful leaders. Despite all the research, there is not a quick answer or even full agreement as to what makes an individual an effective leader. The definition of a leader is “someone who can influence others and who has managerial authority.” (Robbins, Decenzo, Coulter, 2015. P.370)
Description of how Woolworths manages quality and determine how effective Woolworths is at managing quality.
When the husband opened the door, he looks depressed and tired; making the audiences unsure of what does the advertisement supposed to tell. They should change the sad-looking dad into a happy smiling dad instead. The depressed look on the guy’s face will affect audiences’ emotion to purchase this particular product. Besides that, they mentioned “Home Improvement” at the end of the advertisement. However, the guy’s expression is more likely expressing that his life is going down the hill instead of improving. Moreover, the advertisement does not show if the woman happy with her new life. Leaving audiences doubted the trustworthiness of the product. Besides that, it is unclear that why did the pregnant woman cover the red paint with a cool-muted grey paint. Is she getting tired of her current life? Or she is trying to change a new environment? It is not stated clearly, leaving the audiences
In corporate America the term used to describe a person in a position of power is “Manager”. A leader can be a manager, but a manager is not necessarily a leader. Leaders motivate, challenge, and influence others to achieve goals. Great leaders have the necessary skills and attributes which allow them to connect with the team and organization. Being a leader is not the same as managing an organization. Leader’s posses the interpersonal skills needed to influence others to achieve a goal willingly. Leading is a major part of a manager’s job. Leaders do not need to be a manager to lead people, but managers must know how to lead as well as manage.