Firm

2008). There is a strong association between competitive advantage and profitability; therefore, crafting a strategy is paramount in trying to achieve competitive advantage (Thompson et al. 2008) p7, so as to accomplish the objectives of the firm and to move in the direction of the strategic course set out by the management. Efforts in crafting the company strategy are continually developing as the company changes (ibid) and are influenced by both the internal and external environment (Ward…

provided majority, if not all, of the city construction and reconstruction needs. The company functions off an independent departmental system with internal technology for its day-to-day operations. The firm has chosen to hire a change agent that specializes in business analytic to improve the firm, and in order to open a second company location. The location of the second company constructed in a rural area that has beneficial subsidies. JJ International…

making a decent effort to minimize governmental influence in the operations of SOE firms, and yet, it is hard to deny that the Chinese government officials are more inclined to exercise their power to make decisions which in fact is not accordance with the central government. They approve projects or allocate resources to the corporations out of moral obligations as well as monetary motivations, which may drive the SOE firms to the opposite track of efficiency. This deep-rooted widespread…

become members under the structure of a limited liability company and directors become managers. Management is elected by the members. One of the few minuses is that a limited liability company is dissolved when any member opts out or cashes out of the firm. But you can get around that by having a provision in your bylaws that the LLC continues by unanimous vote of the…

supporting the linkage between ozone depleting substance emanations and environmental change. They underlined the significance of everybody's association focusing on the requirement for government controls, alongside purchaser and industry cooperation. The Firm observed an open door in driving the partnerships in ecological instruction, and consolidating solid advertising…

For one, audit firms cannot provide bookkeeping services for the client while doing an audit . This service impairs independence because of the self-review threat primarily. I do not believe that auditors should be generating the reports that they will audit as this limits the amount of internal controls the firm can implement which can lead to questionable situations. Another service the attest firms cannot provide a client who they already have that relationship…

theories that have been advanced to explain leadership of firms. Among these theories are the stewardship and agency theories of leadership. Stewardship theory is focused on producing desired outcomes from a leader in a reliable manner by explaining the teachings of the Bible and how they are applicable in an individual’s performance of leadership duties (Van Puyvelde et al., 2012). On the other hand, agency theory is focused on ensuring firm performance by the manner of cost minimization and…

price increases. The way that De Beers did business focused on the central idea of controlling the market supply. This way of conducting business is simply not feasible in a more competitive market structure, where there are more firms and less market power per firm. With the company restructuring its business plan, according to Paul Zimnisky at kitco.com “De Beers liquidated their stock pile from 2000 to 2004, resulting in a slight decline in diamond prices as the liquidation supply more than…

available assets. The more current assets the firm has in comparison to its current liabilities, the less of a risk that firm runs of defaulting on these payments when they come due. The actual ratio supposes that all current liabilities must be paid off immediately with the balance of current assets at that time. For this reason, it is very much desirable for a company to have a current ratio over 1 because anything less than one could mean that a firm could not meet its short-term obligations.…

Raymond James & Associates, Inc. is a retail brokerage firm who is a wholly-owned subsidiary of Raymond James Financial, Inc. (“RJF”). The company was founded in 1962 and went public in the year of 1983; currently the company’s stock is traded on the New York Stock Exchange. The company provides financial and investment banking services including financial planning, investment, and asset management to individual investors and corporations. Raymond James’s mission is to commit their energies,…