A Successful Form Of Operations Management Essay - 1584 Words

In any business, the achievable goal is to have a successful form of operations management. The function of this goal is to plan, coordinate, and control resources that are needed to produce a company’s products and services. This area is a critical function within every organization and plays a vital role in the success of any company. Over the course of the years and through changing economies, operations management and its decisions have been altered to reflect updated standards, conditions, and technology. These areas and activities that have been developed are often unseen and overlooked. The evolution of operations management and its purposes were derived from several gurus whose innovation expanded from assembly lines to quality management and strategic perspectives. Operations management has grown to include an emphasis on better quality goods and services, technology, and automation: far exceeding the initial expectation of just minimized costs. Prior to the historica l development of OM, agriculture was the predominant industry in every century, and manufacturing usually came by way of skilled artisans. Because of the skilled custom making of goods and services, no two products were alike. Over the years this finally changed with the introduction of scientific management; a systematic approach to increasing worker productivity introduced by Frederick W. Taylor. Taylor’s philosophy was simple, scientific laws governed how much a worker could produce per day. ThisShow MoreRelatedQuestions : Crisis Leadership And Risk Management Report1745 Words   |  7 PagesAssignment 2: LASA 1—Crisis Leadership or Risk Management Report Name Tutor Institution Course Date Assignment 2: LASA 1—Crisis Leadership or Risk Management Report System upgrade is a process that organizations have to go through every once in a while. System upgrade is a situation where an organization usually improves the types of systems, such as computer software, that is uses for it normal operations. In the current world, different forms of technologies are coming up every day (BeynonRead MoreWhat Merger Is The Merger For The Company Of The Southwest Airlines Acquiring The Airtran Airways Essay1390 Words   |  6 PagesIntroduction A merger is a form of business that is made up of two or more businesses operating in the same industry coming together to better their services. One of the recent mergers that have happened is that of the Southwest Airlines acquiring the AirTran Airways for several reasons. 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Lung Cancer What Causes It - 1420 Words

Lung cancer is any type of cancer that begins in the lungs, although it is still considered lung cancer after it spreads to other parts of the body. Lung cancer is one of the most common cancers in the U.S. and worldwide. Forty percent of people will be diagnosed with lung cancer within their life span. Lung cancer, as with all cancers, is very complex, so the best way to comprehend it is to break it down into easily analyzed topics. The first topic that must be analyzed is cancer as a whole-what it is, what causes it, and what can be done about it. After this essential knowledge is gained, it is possible to analyze lung cancer from an informed angle, understanding the statistics, research, and various classifications. Lung cancer is†¦show more content†¦It is speculated that cancer was given the name â€Å"crab† by early cultures due to the way the veins in the skin would spread like a crab’s foot when cancer was present. Although cancer was identified as a health problem in ancient times, very little was known about it. The first time that lung cancer was recognized was in the year 1761, and 50 years later different types of lung cancers began to be identified. Although human knowledge of lung cancer had increased, many important things about lung cancer were still not known. In 1954 the American Cancer Society discovered and publicly announced the link between smoking, and lung cancer. It is important to note that a German doctor discovered the link between smoking and lung cancer in 1928. As smoking became more popular, despite the severe health effects, the U.S. Government got involved and began to warn the general public of the effects of smoking. However the number of new cases of lung cancer continued to rise, along with the lung cancer death rate. In the 1980’s the public finally seemed to get the message as the lung cancer rate dropped by stunning 30%. 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Marketing Strategies of Nike and Adidas-Free-Samples-Myassignment

Question: Take one Multinational Company and evaluate it ,after evaluateing the chosen company need to comaper it with another same level Company with data like companies cash flows. Answer: Introduction The companies that will be on focus are Nike and Adidas. These are two of the biggest multinationals in sports and apparel industry which also include sports management. They produce sports equipment, accessories and apparel all over the world. Due to the fact that their operations are almost similar, they are great rivals and compete on all fronts. From manufacture, to sales and endorsements of brands to market their products and increase their market brands is very important aspect in both companies. These two companies compete in the world to make in roads in sports gear and clothing. Adidas And Nike are similar in many respects - but in other respects they are miles away(Dunning, 2013). The German sportswear manufacturer, which reported its good results in the first quarter, is left behind its US rival in profitability. Adidas is getting better, but part of a base low. In this paper, we shall make comparison of the two multinational companies in terms of strategies and their financial performance using their respective financial statements (Lorange and Contractor, 2002).Nike is expected to produce a 13.9% operating margin in 2018, compared to the poorer 6.6% for Adidas, according to Thomson Reuters data. Tightening that gap will be the latest challenge from CEO Kasper Roasted, who replaced Herbert Hainer .Adidas has just significantly increased its sales and revenue forecasts for the year as a whole. Imagine that Adidas could catch up with Nike in efficiency. Its operating profit for 2017, if it had to share Nike's margins, would be more than double-from 1,200 to 2,700 million euros(Borowski, 2011). If the current multiple of Adidas reached 20.2 times the operating profit this year, the group's market capitalization would increase from 24,000 million euros to 54,000 million(Garcia, 2015). In other words, it would go from being the equivalent of a quarter of the American sports titan to being half as big. That will not happen in a year, not even two. However, there are few obvious reasons why the world's second largest sportswear manufacturer should be significantly less profitable in the medium term than the number one - even with competition from rivals such as Under Armor and the poor results of its brand. In 2016, Adidas had a target of 11%. The company has an additional potential value of 30,000 million euros(Corbett, 2004). In Australia the brand Nike and Adidas have marked a transcendence unequaled in assessing the impact of both brands on the perception and the behavior of Australian users. In support of this facts, the two brands continues to perform very well, however this paper will seek to compare the performance of the two companies that are world leaders in sportswear and other clothing(Gibson, 2012). The financial statements can describe the evolution of these brands through time as the financial statements for previous years show (Lorange Contractor, 2002). The two companies have standardized a prototype of comfortable and practical garments in our society. It also explains the success and positioning that Nike and Adidas have worldwide. These brands through the offering of quality, innovation and continuous improvement in their products have managed to increase their financial performance as well as asset base. According to the above, we see the importance of growing more and the importance of implementing continuous improvement for the companys products(Kerin, Hartley and Rudelius, 2009). It is also important to highlight the degree of incidence of Nike and Adidas for the world market since these companies use unique strategies in the implementation of new technologies in their garments and sports shoes, as well as innovating and researching designs that appeal to the market and are adequate and practical for them. On the other hand, it can be noted that the improvement of Nike and Adidas in terms of financial performance can be directly related to sports that direct their products to different areas and specialize in each of them, that is in each of the sports disciplines(McLeish, 2011). It is also essential to analyze the great publicity momentum of Nike and Adidas as expressed by various media, since their sponsorship deals in large sporting events over time has allowed Consumers identify with their teams and sports characters who they admire(Peng, Chen and Narain, 2007). For this reason, this company both Nike and Adidas are not only a few brands, but a lifestyle, which makes them a badge of the sports marketing. Thus, both brands have implemented digital marketing through resources and online tools which are the most popular platforms of their products and are accessible to their consumers (Stearns, 2014). The social marketing videos allows both brands and their users share the content based on the emotions that the audiovisual form. As another way of selling and accessing more information about their consumers they use a lot of money in advertising(Rothacher, 2005). Therefore, these sports companies are not only selling directly sneakers or sports elements, but a lifestyle. Great shows are the different commercial launches with performances of recognized sports stars, but in turn these same ones have become in brands for the sport. A study conducted in 2015 showed that for both the Nike brand and for Adidas users feel familiar with the products moderately by 54% (for Adidas) and 46% (for Nike); This means that people have managed to have a good rapprochement or contact with the products of sporting brands, allowing them to have a good knowledge about these(Rothacher, 2005). In second measure, the following variable reflects the knowledge they had the different people surveyed about the brand, giving us a percentage comparison between one brand and the other, thus being the variable of measure "Sufficient" as the main host within the sample(Offner, 2007). The research finds that 66% of people identify with one of the multinational in which Adidas leads in the mind of consumer and with 50% Nike with which they are comfortable with. In a certain way how one brand impacts on the other, in its competitiveness for means of advertising, commercials, campaigns, among others (Stearns, 2014). According to the research and the people surveyed, both Nike and Adidas, reflect an equivalent percentage of the use of garments of the said mark, reflecting in both a 30% in the index of tennis, which means that this type of product is the most sought after and acquired by consumers(Gibson, 2012). This translates to how the two multinationals translate in terms of profits from various segments of the sporting world such as tennis and golf. From this way we can see the attributes customers perceive when buying each of the brands and how they relate their identity with them. This variable determines the percentage range of purchases by consumers in each of the brands, how often they do so and therefore the reasons for purchase. In Adidas 30% is equivalent to half-yearly purchases and in Nike they have 45% of purchases of items, this reflects a very important rise in sales of the two multinationals(Shishoo, 2005). Market positioning Positioning of the Nike and Adidas brands makes the two multinationals have an edge in the market. According to what they perceive from the competitive market of these two multinationals. This shows that Adidas brand is better positioned in the market translating into better profits for the company. In the last year, Nike had a profit of $32 Billion while Adidas had a profit of $21 billion. .A second reason is the diversity of Adidas brand in terms of market penetration, mainly by The price and promotion factors (both in point of sale and in advertising in the media), in other words Nike offers product lines similar to those of Adidas but differ mainly in prices and design(Subramanyam, n.d.). In the results of each of the questions, there is coherence with what has been said, since there are more people familiar with the brand Adidas and have a greater knowledge about it compared to the Nike brand(Sports Industry, 2010). On the other hand, the Nike brand is perceived as a brand Very competitive, just like Adidas. From the sample we can assume that Australians prefer to buy in Nike for their designs and why they perceive the same as a quality brand, just as it happens with Adidas(Subramanyam, n.d.). A data found in the research seems quite strange, because although so many consumers of Nike and Adidas are satisfied with the same, willing to replace them with other brands . Finally, it was found that Australian consumers associate Nike and Adidas with high performance. Most consumers of Nike and Adidas are between the ages of 19 and 43 who fully support the two brands. CASHFLOWS The two companies differ also in terms of cash flows. Nike has a net operating cash flow of $3.64 billion in 2017 up from $3.1 billion in 2016. This shows a significant improvement in the cash flow of the company from 2016 to 2017 which indicates growth(Strauss and Woods, 2007). The companies cash flow shows that the company has been registering an upward trend for the last 5 years. On the other hand, Adidas registered a net operating cash flow in 2016 of $1.34 billion up from $1.02 billion in 2015. This shows that as a multinational, Nike is significantly bigger than its counterpart Adidas as shown by its financial statements(Sutherland, 2012). Asset base In terms of Assets, Nikes assets are much higher than those of Adidas, the balance sheet of Nike in 2017 stood at $23.2 billion up from $21.3 billion in 2016. On the other hand , Adidas has an asset base of $ 8.88 billion in 2016 up from $7.49billion in 2015. This shows that Adidas is still trying to catch up with run away Nike. The superiority of Nike is clearly shown by the value of its assets. Adidas has headquarters in Germany while Nike has its headquarters in United States.The financial statements for Nike and Adidas are elaborated below. Source:https://s1.q4cdn.com/806093406/files/doc_financials/2016/ar/index.html In 2015, the revenue for NIKE, Inc. stood at $ 30.6 billion dollars a rise of more than $3 billion dollars from the previous year 2014. Consequently, the group revenue performance rose to $ 32.37 billion dollars and extra increase by $ 1.8 billion dollars. On the other hand, Adidas has revenue of $ 18.78 billion down from $ 19.32 billion in 2014. It registered a negative revenue report owing to a competitive market with its rival Nike, Inc. In 2016, the revenue was $ 21.35 billion up from the previous year of $ 19.32 billion(Sutherland, 2012).Both companies have been growing their revenue bases with different levels of advertisements and endorsements to boost their merchandise. The revenue for the years were growing rapidly for both companies and although great competitors, they performed better than the industry projection (Lorange and Contractor, 2002). Source:https://s1.q4cdn.com/806093406/files/doc_financials/2016/ar/index.html The return on capital invested increases in Nike albeit marginally on percentage(Torok and Cordon, 2002). In 2012, return on capital was at 22.2% while in last years perfomance the return on capital was at 29.7%. the diagram above shows nike investment in different years. This shows that the companies return on investment is very high and is improving due to increased revenues(Sutherland, 2012). In Adidas, earning per share is $2.76 dollars in 2016. The dividend yield for Adidas is 0.7%. On the other hand, the investment in Nikeis higher than its rival competitors Adidas although the two multinational have the highets return on investment in comparison with many multinationals. The net cash flows from investment activities in 2016 was a negative $ 675 million. The net cash flows fron financing activities in adidas was negative $ 617 million while the net cashflow from operating activities was a whooping $1.49 billion(Dunning, 2013). . the cash and cash equivalent at the beginning and at the end of the year are $1.51 B and $ 1.67 B dolars respectively. In Nike the net operating cash flow growth is 17.57%. the net operating cash flow sales is 10.63%. Source:https://s1.q4cdn.com/806093406/files/doc_financials/2016/ar/index.html In 2016 the earnings per share is $2.16, while in 2015 the compound annual growth rate is $1.85.The companies perfomance rate is $ 14%. The stock performance of both companies is extremely good. Conclusion Nike and Adidas are great competitors and rivals in sports and apparel industry. However, they all have great strategies in marketing and advertising of their products in order to increase their revenues and subsequent profits.The financial performance of both companies depends largely on the sales from their merchandise(Dunning, 2013).. Although Nike is leading in terms of profit levels, Adidas has cemented its position across Europe in every sports industry and only time will tell before it becomes the market leader. References Borowski, A. (2011).Adidas marketing strategy. Norderstedt: Grin Verlag. Corbett, A. (2004).Strategy. Hoboken, N.J.: Wiley. Dunning, J. (2013).Multinationals.New York: Routledge. Garcia, B. (2015).Out of the box. The rise of sneaker culture. New York: Rizzoli International. Gibson, C. (2012).Financial statement analysis. Mason, Ohio: South-Western. Kerin, R., Hartley, S. and Rudelius, W. (2009).Marketing. Boston, Mass. [u.a.]: McGraw-Hill Irwin. Lorange, P. and Contractor, F. (2002).Cooperative strategies and alliances in international business. [U.S.]: Pergamon. McLeish, E. (2011).Sports industry. New York: Rosen Central. Offner, A. (2007).Real world globalization. Cambridge, MA: Dollars Sense. Peng, Y., Chen, J. and Narain, S. (2007).Adidas. Singapore: Page One. Rothacher, A. (2005).Corporate cultures and global brands. Hackensack, N.J.: World Scientific. Shishoo, R. (2005).Textiles in sport. Boca Raton [u.a.]: CRC Press [u.a.]. Stearns, T. (2014).Introduction to entreprenuership. [Place of publication not identified]: Kendall Hunt. Strauss, R. and Woods, R. (2007).One well. Toronto: Kids Can Press. Sutherland, A. (2012).Nike. London: Wayland. Torok, R. and Cordon, P. (2002).Operational profitability. New York: Wiley.

Jonas Brothers Review free essay sample

The hottest pop group today is better than you think. Of course its the Jonas Brothers. Their soft-rock is everywhere with 3 albums as a group, the Jonas Brothers are out of this world! Their 3 albums are Its About Time, Jonas Brothers and A Little Bit Longer. Its About Time, which was released on August 8, 2006 (2005-2006) sold 50,000 copies on a limited release. The second album was called Jonas Brothers. It was released on August 7, 2007 (2007-2008) and was number 5 on Billboard Hot 200. The Jonas Brothers last and most recent album as a group is called A Little Bit longer. On this album was the most recent and most talked about song, Love Bug. was just recently released as a video on Disney channel. Love Bug adds a touch of back-in-the-day reality. The 3 brothers are dressed in tuxedos for some of the video. It is a different side from their rock-and-pop attire. We will write a custom essay sample on Jonas Brothers Review or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The Jonas Brothers include a variety of tasteful sound. Joe and Nick both provide the lead vocals, but Nick also gives that soft sound like a birds song. Kevin does the sweltering guitar. Love Bug is so good that youll never forget it! The Jonas Brothers consist of 3 brothers. Paul Kevin Jonas Jr. (prefers Kevin), the eldest of the Jonas Brothers at 20, alters from curly to straight hair. He was born and raised in New Jersey on November 5, 1987. With his large noticed sideburns, he rocks out on guitar barely singing. Kevin is the classiest dresser of the group usually wearing loose pants and dress shoes that can be worn to a black-tie event. He goes out on stage looking more formal than rocker. Joseph Adam Jonas, or Joe, is described as the lead singer of the group. Joe was born in Casa Grande, Arizona on August 15 1989, but raised in New Jersey. He goes with straight hair and tight skinny jeans. Joe wears very casual, regular clothes such as regular T-shirts, jeans and sneakers, but rocker style. Nicholas Jerry Jonas (Nick) at 16 maintains a curly dark- haired status. He was born in Austin, Texas on September 16, 1992 also raised in New Jersey. He is the sensitive soft-tone singer and the youngest of the group. W ith Type 1 diabetes (diagnosed in November 16, 2005) he still knows how to rock out on stage.Nicks solo song A Little Bit Longer on the most recent album A Little Bit Longer talks about his diabetes. Their physical and vocal abilities only benefit them. The Jonas Brothers, being different than most bands when it comes to sound, are very modest, but distinctive. It is hard to compare them to just anybody without evidence and facts. To anyone who prefers delectable, clean-cut music as opposed to hard, crude music that makes you feel like your head has been banged against a wall, then go out and buy A Little Bit Longer. I would describe the Jonas Brothers as a younger version of Nsync if anyone. Nsync and the Jonas Brothers both use real life situations in their music. Things like break-ups and love stories are highly used in their writing. Nsync was used to writing deep, vibrant music that you can dance to and the Jonas Brothers style of music is very similar. Be sure to remember, if you like gentle, eccentric, high-class music over loud, head banging music, GO JONAS!