Google, Inc. (GOOGL), one of the most influential technology companies of all time, has recently announced a new corporate structure, and placed itself under a new holding company it created, called Alphabet, Inc. What's In A Name? Google cites a couple of reasons to explain its new name, Alphabet: • Alphabet, to quote Google's official blog, "means a collection of letters that represent language, one of humanity's most important innovations". This new name syncs well with Google's innovative…
The Williams 2002 case study assesses the financial problems incurred by Williams, a company that specialized in activities such as purchasing, selling, and distributing energy commodities. The company has a long history and was founded in Tulsa in 1918 by Miller and David Williams, who previously owned a pipeline construction business in Arkansas. The growth of the company during the late 1990s and early 2001 can be partially attributed to its success in the energy market. However, it primarily…
The aspiration to be an effective leader necessitates one to become knowledgeable in the various leadership styles. When describing the ideal leader, there are distinguishable characteristics that emerge. Upon review of the various leadership philosophies, the Transformational, Visionary, and Charismatic Leadership methods possess the attributes I consider is necessary to craft the quintessential leader. In addition, the combination of these leadership methods closely match my personal ethos of…
Geico attributes this decrease to “higher claim costs and severities across all major coverages” (Berkshire Hathaway 10-K). In the past few years, Geico has been ranked the number 2 Auto Insurer in the United States, only behind State Farm. In 2015, Geico owned 10.4% of the automobile insurance market. This number has grown significantly in the past 20+ years, growing from 2.5% in 1995 (Berkshire Hathaway 10-K). Geico’s increase of market share as well as their revenues, show that they are a…
I always viewed writing assignments in school as tedious and mundane. I felt as if I was not doing anything valuable. I did not think my writing was getting any better since I would follow a scheme of an essay and every essay written in class would look similar. Moreover, I sure that when professors graded my essay, it was just another boring paper for them. Also, I did not understand why I should have used more synonyms and more complex sentences when all of these were making it harder to get…
When heroes are there to motivate us into doing the impossible, they lead us to success both mentally and physically. As there are several hundred criminals occupying portions of the globe, heroes and other crime stoppers prevent misery from spilling the sphere-shaped Earth. Warren Buffett is a multi-billionaire hero I appreciate. To start off, Buffett encouraged multi-billionaires and middle- class investors to not involve ‘ in getting scammed. According to Quora.com, in…
Why you need financial independence to achieve great feats in life Benjamin Franklin was an author, printer, inventor, scientist, civic activist, postmaster, statesman, and diplomat. He founded University of Pennsylvania, American Philosophical Society, Library Company of Philadelphia, and United States Postal Inspection Service. He invented lighting rod and bifocals. He started volunteer fire-company and volunteer militia to defend Philadelphia. He was a Postmaster General and a diplomat to…
“Leadership is lifting a person’s vision to high sights, the raising of a person’s performance to a higher standard, the building of personality beyond its normal limitations” (Gordon, 2017). Leadership has become a huge part of success and failure. Why did that team lose? How come that company failed? What caused the children to act out during class without consequences for their childish actions? Most of these questions would not come about if certain people, leaders, stepped up in the time of…
Each essay presented in the chapter six conversation section expresses a perspective on what each individual's responsibility is to their community. Out of the seven beliefs presented, I find the idea that the rich should give their wealth to those in need the most compelling. In certain circumstances, those less fortunate need as much help as they can get. It’s a strange idea to think that there’s people who have billions of dollars in their bank account while there are still undeveloped…
Owing to the fact that PacifiCorp is a private firm that is why there is not enough information available to do a detailed valuaton of the company. However, the current ratio of the company is found to be more than 1 which shows a positive outlook. Current Ratio is a liquidity ratio and measures the ability of a firm to pay its Current (Short term) liabilities with its Current (Short term) assets. A ratio of greater than 1 would indicate availability of more current assets per unit of current…