theory a company is conditioned to increase the wealth of their shareholders to maximise the society 's welfare. In reality, the costs of restoration as a result of unsustainable practices are passed on to the stakeholders without contributing the profits between shareholders and other stakeholders accordingly. Smith (2003) says "Shareholder theory is prepared…
short-term assets. If the ratio is low under 1 that may indicate that the company is not in good financial health. If the ratio is high then the company is in good shape to pay its obligations. The higher the ratio the better. CanGo recorded a Net Profit Margin of .8…
This indicates a higher risk than the previous year, such a small increase in operation profit leads to greater amount of returns to shareholders; the interest cover ratio measures the quantity of available operating profit to cover interest payable showing a decrease from 8.2% to 7.4% involving greater risk for lenders where interest payments might not be met caused by increased borrowings but mainly declines…
Athlete Warehouse Case Study The evaluation of this case study has identified that the two brothers are the stakeholders. They planned to start selling athletic equipment again after the closure of their initial store. The reason to put a new store may be that they have acquired ideas from their initial trial. The study of their case has revealed many Strengths- Weaknesses-Opportunities-Threats having the acronym (SWOT) as existed in every organization. The Strengths (a) They have already…
This painting reflects the economic and social changes of the late medieval period in Europe by displaying the social side by people interacting with each other. Also the people seem to be enjoying themselves and having a good time conversing with the other people in the room without the hassle of arguing over little things. It shows the economic changes by displaying that business can be discussed with no arguing and also how business can be handled efficiently with as minimal problems as…
profitable company compared to WAL-MART STORIES, INC. The larger percentage of the Return on Sales ratio for Target shows that this company is more efficient at generating profits from its revenue. Also, the Return on Investment is higher for Target than for Wal-Mart with 1.35%, which shows how efficiently each invested dollar produce a profit. Higher ROI shows better company’s performance. Another profitability ratio is the Asset Turnover, which shows how efficiently a company can use its…
understand the impact of music piracy, one must really understand the levels during the process of recording and promoting music. For the sale of each album there are 20+ plus parties that share a profit before the artist themselves see any income. Thus, music pirate can have a negative affect on the profit-margin of those contributing. This chain consists of individuals from audio engineers, marketing specialist to the top executives of record labels. According to the book, some industry…
could lead to a bigger fan base across the world and then eventually leading them to earn some profit, but internet piracy can still hurt the global artists that we know today. In the article “Online Piraracy Isn’t a Problem” author Danny vick tells how the RIA( The Recording Industry Association Of Amerrica) believes “selective legal efforts when rogue websites business ignore the law and attempt to profit on the back of music creators.” He also said that “copyright laws are not supposed…
disloyalty to the company. In Ronald Duska’s article Whistleblowing II, he takes opposition to this stance. Throughout his article he makes three main points: employees have no obligation to remain loyal to a company, the primary function of business is profit, and the analogy between business and team is erroneous. It’s important to consider the types of groups where loyalty is appropriate. Bok says, “since (the whistleblower)…
lesser-known Bernard Mandeville. Each of these men sought to guide the will of their fellow citizens in terms of his or her use of their profits. Though both of the…