Profit sharing

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    Albatross Anchors is a major manufacturer, they manufacture two different types of anchors and have continued to grow since they started with just 4 family members in 1976. The plant overall is outdated and technology deprived. The administrative offices are dilapidated, disorganized, and run inefficiently. The plant is obsolete, worn dirty, and no longer meets all US safety and environmental standards. The company is in need of many required changes so they can be more productive and have better time management. The business is in need of a larger more organized workspace to accelerate production and shipment of product demand. Albatross Anchor must make clear and sustainable decisions to gain a competitive advantage, so profits and production…

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    C6 Return On Investment

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    Content and brand message diffusion occurs through social networks. With just a few social shares, C6 can reach target audience and content can expand exponentially. By using social media widgets, referral links to a social page or sign-ins can help C6 track the amount of up-votes, retweets and number of shared user groups. Social sharing KPI’s help C6 to scope how many key audience outreach they have, what the demographics are of these people and how they relate to communicating an effective…

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    around for a while now the places where you can purchase and the items you can play them on keep evolving. As we discussed it wasn’t until the digital file format of the music industry that the idea of buying single songs really exploded. Also, along with this we discussed the impact the Peer-to-Peer sharing of music and that greatly negatively affected the industry, which could only be done through the invention of the MP3 format. In the chapter it talked about how “blind adoption of new…

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    1.) Buber describes itself as a technology company rather than a transportation company. It’s business model revolves around the idea of the sharing economy. The sharing economy is a new idea in which entails people sharing their time and resources. Hoover’s approach was to build a platform in which riders and drivers could connect rather than provide them with the physical transportation. In this way they can exploit a loophole in which their drivers would not be required to be properly…

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    FINANCIAL RATIO ANALYSIS Operating Profitability Ratios Gross Profit Margin Gross profit margin is used to compare a company with its competitors. A higher gross profit margin indicates that a company can make a good profit provided it keeps its overhead costs under control whereas a lower gross profit margin indicates that the company is unable to control its production costs. Ideal gross profit margin depends on the industry. From the above graph, the gross profit margin has shown a…

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    most profitable given the price points and newly and recent introduction on the market. Mr. Thomas Strategy. Starting in 2011, the cumulative profit score $81,571,138 and through this strategy into January 1, 2015, it only achieves a cumulative score of $1,513,237,527 out of $2,100,000,000, a difference of $586,762,473. As for the profits of the strategy, they hit a high in 2014 of $488,298,787 and then rapidly declined in 2015 to $194,198,305. This strategy also affected the revenue’s in…

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    Sasser Case Summary

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    the main takeaways from Professor Sasser’s lecture on customer care is the link between customer’s satisfaction and loyalty to profit. He discusses an example with MBNA, a credit card company associated with Maryland National Bank. The CEO was worried about his business because they were not growing profitably. They attracted customers, but the more they attracted, the more profit they lost. The CEO calculated the lifetime value of a customer and found that it was taking them five years to break…

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    The financial analysis indicated that the company has a lower than optimal profit margin. To address this issues we suggested that they either bring in more revenue or look to cut expenses. It is important to keep their employees productive and happy through methods that go beyond provided costly incentives, such as bonuses. The company should look to creating a business environment that fosters productivity and diminishes employee stress and anxiety. This could include introducing more natural…

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    Explicit Vs Implicit Cost

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    Principles of Economics describes the difference as “Accounting profit is … total revenue minus explicit costs … [whereas] Economic profit is total revenue minus total cost, including both explicit and implicit costs.” (OpenStax, 2014, p. 159). Building on the examples above, in our martial arts business, we pay taxes on any accounting profits which our bookkeeper calculates as revenue minus the expenses on the books; while our economic profit would be calculated as the difference between the…

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    The industry average is 1.14 percent (Businessweek.com, 2014) and CanGo’s is 2%, which tells us CanGo is more asset-heavy than its competitors but generates better profits per sale. The return on sales ratio also referred to the operating profit margin or operating income margin, demonstrates how efficiently the company is operating by calculating profit after operational costs. Return on sales (ROS) is typically compared to previous quarter ratios as well as industry averages. A higher ratio…

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