Saturday, November 30, 2019
Project Investments in Unilever Company
The choice of a product or service that an entrepreneur wishes to invest in is an important factor to consider before bringing it to the market. Any investment project chosen should produce returns to benefit all stakeholders and other interested parties that the project affects directly or indirectly.Advertising We will write a custom essay sample on Project Investments in Unilever Company specifically for you for only $16.05 $11/page Learn More The paper utilizes axe anarchy fragrance for women, a new product that Unilever Company has launched on the market, as a case product in a bid to show the financial implication or consideration that the case company made before investing in the product. Unilever is a big corporation that deals with production or manufacture of many kinds of household products. Axe anarchy is the latest innovation or rather new product that the company has launched on its market (Unilever PLV, 2012, Para. 3). This product is ther efore financed by the company. The company has put in place enough funds that are used to innovate and manufacture new products on the market. The company is quoted in the securities exchange market as exemplary in terms of the quality of its products. Some of its finances come from the owners of the business who are the shareholders. Because of the high amount of money the company receives from its shareholders, it is able to carry out various innovations besides venturing in the production of multiple types of products. Unilever PLV therefore generates its funds through the sale of shares to its investors, a process known as equity funding (Unilever PLV, 2011, p. 15). This form of acquiring fund is advantageous because investors who buy the shares are not entitled to any interest. Bondholders, on the other hand, require that interest be paid to them. Therefore, this method allows the company to access capital for use to produce and market its products. The investors are only entit led to profits and losses in equal measures. Hence, the method does not have any impact to the company. Another advantage that the company will accrue from this form of financing is that there is no collateral required for this type of investment. Furthermore, the company is only obliged to pay dividends on the earnings that it makes. This therefore protects the company from any court proceedings or accusations when the company fails to make profits on the products.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Therefore, the business is not faced with a threat of collapse, as it can come up with other strategies to ensure survival. Furthermore, investing or financing this project through shared capital makes the company have a full control of the funds. The company is able to keep the funds indefinitely without being asked by the investors (Safania, Nagaraju Roohi, 2011 p.78). Furthermo re, the company has an opportunity to make decisions on whether to invest in the product or not. The decision is solely based on the management of the company that has been given the responsibility to carry out managerial decisions on the behavior of the shareholders if they help in the growth of the company besides helping further in accruing of more profits for the organization. Production of new products or services requires the organization to carry out a clear calculation on the total cost of producing the new product or service to ensure that it gets some profits after the product is sold. In this case, Unilever PLC Company will be required to analyze each investment components of producing axe anarchy fragrance for women to the moment it is sold. Therefore, various factors will be put into consideration. One of the investment components of producing this new product is the cost of producing or purchasing raw materials that are required for the manufacturing of the product. Th e cost of transportation of raw material to the company for production, as well as distribution to the suppliers and retailers should be factored in the companyââ¬â¢s marketing strategies. The cost of paying salaries to the employees who ensure that the product is manufactured or converted from its raw materials to the time it reaches the consumers should also be provided. Logistic costs are also paramount and worth considering such as storage costs and administration costs among other costs. It is also important to consider the costs related to government taxes. Other costs include marketing. For the product to reach a wide market to attract high sales, the company needs to invest heavily on its marketing strategies. Media must be used to reach a wide audience coverage including television ads, billboards, internet, social media, and traditional forms such as print media among many other mediums. All these costs should be calculated and the right figure known to help the company in determining its price that should be competitive in the market to enable many customers to use the products. The product should also be of high quality to suit the target audience i.e. Young boys and girls.Advertising We will write a custom essay sample on Project Investments in Unilever Company specifically for you for only $16.05 $11/page Learn More By breaking this cost down, the company will also be able to know the amount of money that it has invested in the new product, as this will enable it to have a clear estimate or projection of the profits that it is likely to accrue from the sale of the product. Furthermore, this analysis is vital is enabling the company to either progress with production of the product or not. For instance, if the cost of production is very high and surpasses the income level of the target audience or customer, it will not be viable for the company to produce such a product. The company can as well seek an alternative source of funding that costs less. In this case, the best option that the company can source its funds is through debt financing. This refers to borrowing of funds in the form of loans that are repaid over a certain period. The company can decide to borrow funds over a short term-less than one year- or a long-term scheme, which extends to more than one year. The major sources that the company can seek for these funds are from government agencies or banks that provide loans with a certain percentage of interest. This option of sourcing for finances has a number of benefits. For instance, the interest that is paid on the loan is deductible. Therefore, the company will benefit from tax advantage. In addition, the company will be able to retain its ownership. The lender of the money, whether financial institution or government agencies, cannot get or receive ownership of the company. Furthermore, lenders cannot claim any future profits or revenues of the company, as the lender will only be given the principle loan plus the interest as agreed between the lender and the party. It is also easy to raise funds using debt financing because it does not require the company or the borrower to comply with the federal or state securitiesââ¬â¢ regulations. Debt financing is also a very good method of sourcing for funds because a company is able to establish good relationships with the lenders. Hence, it can secure future financial assistance of a short and or a long-term financial health in time of need (Mitton, 2008, p.27). Ensuring that the history of a company is conducive for borrowing, the company is required to ensure that there is balance between the debt and equity ratio. The company must also demonstrate that it can be able to repay the loan within the stipulated duration to time. Furthermore, the company can source its funds from debt financing because it enables the company to have freedom in terms of its financials.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More This helps the company to invest in projects or products that it feels can boost its profits. Axe anarchy fragrance for women is such a product. It therefore allows the company the discretion to make its own strategic decisions that can help to promote or stir economic growth of the company. Therefore, the company can opt for this form of sourcing its fund as an alternative method. The debt equity method of sourcing for funds is one of the cheapest and affordable methods that will enable the company to meet its needs including meeting costs of production and marketing of the products. In conclusion, finding the right source of funds for the Unilever Company can influence its operation positively when it comes to investing in new products or services. The paper has used axe anarchy fragrance for women as a case product from the company. Therefore, the use of equity financing whereby the company sells its shares is one of the appropriate sources of funds that Unilever used to seek fun ds and promote this product. Various investment components are however important in helping business decide whether to invest in a project or not. An alternative source of funds that can be used as an alternative is debt financing because it costs less to the company. Reference List Mitton, T. (2008). Why Have Debt Ratios Increased for Firms in Emerging Markets?. European Financial Management 14(1), 127-151. Safania, S., Nagaraju, B., Roohi, M. (2011). Relationship between Long Term Debt- to-Equity ratio and Share Price ââ¬â a study on NSE, INDIA (2007-2010). International Journal of Business Management Economic Research, 2(4), 278- 283. Unilever PLV (2011). Financial Statement. Web. Unilever PLV. (2012). Latest from out brands: Axes launches its first fragrance for women. Web. This essay on Project Investments in Unilever Company was written and submitted by user Kallie Riggs to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Tuesday, November 26, 2019
Square Dancing Essay Example
Square Dancing Essay Example Square Dancing Paper Square Dancing Paper Essay Topic: Rip Van Winkle What is Square Dancing? Square dancing was first developed by lonely farmers as a means of entertaining and wooing their livestock (or at least thats the rumor Im choosing to believe/spread). But honestly, how drunk on moonshine and bored with wife-beating did people used to be to develop this Jig of humiliation? More importantly, howâ⬠I reiterate HOW is it still around today? I mean wasnt Bugs Bunny mocking this like 60+ years ago? Barnfolk during a hootenanny. Personally, Im for Jettisoning into the sun everyone involved in any non-farming interaction that regularly takes place in a barn. Who the hell wants to dance around a riggin barn?! Barnfolk, thats whoâ⬠and they permanently forgot to evolve. Lets talk about some things that would be present at any square dance Jig- off. First, its impossible to picture a group of people square dancing without there being that one guy with the obscenely long Rip Van Winkle beard. Of course, he wasnt magically asleep for 20 years when it grew, unless you count his life-long whiskey haze and vow against critical thinking. Second, the band always does that foot-stomp knee-slap head-bob thing, telepathically conveying the message were all a bunch of sinine hicks and we love it! The head-bob is the and we love it part. Third, well you may not see this, but square dancing is the only dance where its easy to picture a random farm animal suddenly standing up on two legs, Joining in, and it seems natural. Another bumpkin seduced by a Jigging goat. Bumpkins promenading across the room with goats and sheep; why not? They make- out with them regularly anyhow. I will admit Im fairly su rprised they called it square dancing at all considering the highest level of schooling in the room is probably a forged G. E. D. like they know what a square is) Bunch of geometrically confused hill-folk buck-toothed and guffawing as they spin around a cow trough. Damn I hate that square dancing still exists! One thing thats hard for me to picture is anyone hearing square dance music coming from a barn and not getting the imperative urge to run in the opposite direction. Speaking of the music, isnt there Just that one swing your partner song and thats it? Photo taken during a rendition of their song Proud to be Illiterate. I guess its nard to play a variety ot tunes when your band consists ot people playing he washboard, broomstick-bass, and blowing into that Jug with the >OCC on it. Stay tuned for my upcoming entry on Jug bands Speaking of the musicians, apparently square dancing was so lacking in class that renamed the violin the fiddle. I can picture that conversation: Hey hairy, drooling Jug band member, is that a violin youre playing? A vi-o-what? Welp, I dont rightly know, mister. An accurate de scription of square dancing. I Just fiddle with it, so I guess thats what it is. a fiddle drool, drool, drool, slurping p drool, more drool* Im sure he also fiddles with other things like the engine of his primer-colored pick-up truck and his malformed wiener whenever his cousin is watching. I dont mean to over generalize, but in reiterating my idea to launch all square dancers into the sun, I propose it would do the world more good than harm. This is exactly what square dancing looks like to me. Im willing to bet that other long-standing traditions like racism, sexism, fear of progress, and hatred for the scientific community would prove directly correlated as they dropped exponentially. Sad Fact 1: Theres an international association of square dance callers named Callerlab. Seriously. An international organization. Sad Fact 2 : Did you know that square dancing has been designated the official state dance in 19 states? State dance?! Why the HELL are there evenâ⬠Oh I give up! (*gun fires and body hits the floor*) End. Supplemental material: Link to Bugs Bunny in Hillbilly Hare. Excerpt of lyrics from Pickle Up a Doodle, a square dance call. When that devil comes a-courtin, Ah-haw! Hell catch all eight, with a right hand half, Back by the left, go once and a half. Turn the corner by the right, make a wrong-way thar, And ya pickle up a doodle in the middle of the star. Shoot that star, left allemande, gonna pass your partner by, You box the gnat with the next one, and you swing er mighty high. Walk all around that corner, turn a left hand round your girl, Four ladies chain, chain the big, wide, wicked world. Roll promenade a shady lady. Gents roll back, but only one, Promenade, youre gonna have a little fun. It aint no sin to swing and sway, An you pickle up a doodle in the middle of the day.
Friday, November 22, 2019
Lucky Expressions
Lucky Expressions Lucky Expressions Lucky Expressions By Maeve Maddox Reader Emma requests a post on the expression lucked out: The â⬠¦ times Ive heard people using [lucked out] to mean youre out of luck as opposed to expressing good luck or fortune is bordering on ridiculous. The expression to luck out is an American coinage dating from 1954. It means to succeed through luck. Specifically, according to the OED, it is to succeed in a difficult, testing, or dangerous situation. For example: He really lucked out on that exam; every question he had studied for was on it. The expression to be out of luck means to be unfortunate. For example: Youre out of luck: the last train has left the station. Two other uses of luck as a verb are: to luck into: to acquire by good fortune, without effort on ones part. Example: He lucked into a sweet deal on that car. to luck upon: to meet with, to find. Example: He lucked upon some old clothes he had wanted to give awayâ⬠¦ The noun luck entered English in the 15th century from a Dutch word meaning happiness or good fortune. Its related to German Glà ¼ck, fortune, good luck. The multiplicity of expressions with the word luck, incorporate associations with Chance and Fortune in the sense of the powers that arrange the uncertain fates of human beings. One can have good luck, bad luck, or ill luck. My father used the expression If he didnt have bad luck, hed have no luck at all. People say that its good luck to find a four-leaf clover, but bad luck to break a mirror. Some people are said to have good luck, meaning that they are generally fortunate, while some are said to have no luck, meaning that they are generally unfortunate. Here are just a few more of the many expressions that employ the noun luck: Good luck! said to someone setting off to some uncertain undertaking like an exam or an audition. Better luck next time! said to someone who has failed to achieve some goal. Just my luck! said by someone who has missed out on something desired. To be down on ones luck to be in straitened circumstances, for example, jobless. Luck of the Irish a contradictory expression that can mean either bad luck, or extraordinary good luck, depending on the context. The Best of British luck usually meant ironically, the way Americans might say Good luck with that. The sense is go ahead and try, but youre probably not going to succeed. Trust to luck undertake a difficult task with insufficient preparation, hoping that all will go well. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Expressions category, check our popular posts, or choose a related post below:Regarding Re:Time Words: Era, Epoch, and Eon7 Proofreading Steps
Thursday, November 21, 2019
Statutory Interpretation Case Study Example | Topics and Well Written Essays - 1000 words
Statutory Interpretation - Case Study Example Alec took a pecuniary advantage by deception of Vera to gain more money from the woman by dishonestly selling to her a computer that is worth 1000 for 2000. When he supplied the computer to her, he insisted that the computer is worth every penny of the 2000 given to him by Vera. There was no reason as to why the old woman would have thought the computer in question was not worth 2000 and we can not say that he was reckless to the representation of the computer. Alec knew very well the actual cost of the computer since they sold the machine at 1000 but she took advantage of the old woman and charge her double the amount the computer is worth. This act is a criminal offence under s 15 Theft Act 1968 for acquiring extra money from Vera dishonestly from the sale of the computer. For this case, Alec if convicted is liable for imprisonment of a term not exceeding ten years. This Theft Act was brought about to protect ordinary citizens from exploitation by people who want to obtain property from them in a dishonesty manner by deception. 1 For the case where Brian, an employed IT technician obtained services by deception is liable for criminal offence under the s 1 Theft Act 1978. ... Brian was a cousin to Bryan and since they share the same surname, there is no way as to why Wendy would have doubted the representation. Brian held both the season ticket that belonged to Bryan and his driving license and since they share the same surname, we can not say the Wendy was reckless to the representation and he failed to verify the two documents. For this case, Brian if convicted is liable for a criminal offence under s 1 Theft Act 1978. The Act was enacted to bring to book those who dishonestly obtain services by deception. Brian deceived Wendy, the gate attendant to believe that the services of attending to the football match has already been paid for and he was entitled to watch the football. For this case, he obtained services of watching football match by deception hence he is liable for criminal offence under s 1 Theft Act of 1978. 2 For the case where Alec advertised for a post of a qualified IT specialist who was to be graduate of BSc degree in IT but he ended up recruiting Brian who had faked that he was a graduate. Brian obtained pecuniary advantages by deception to be hired by Alec where he pretended to have graduated with a Bsc. Degree in IT where else he was using Bryan degree certificate. There is not way Alec would have noted that Brian was not a graduate since he had a degree certificate. The name Brian and Bryan looks similar and one would not note the difference between the two names and this led to Alec being deceived by Brian and recruited him to the position of a qualified IT technician believing that he was a BSc. Degree graduate. Brian was dishonest since he knew very well that he was not a BSc. Degree graduate and yet he went ahead of applying for position of a qualified IT technician with a fake degree certificate. For
Tuesday, November 19, 2019
Peloponnesian War Essay Example | Topics and Well Written Essays - 1750 words
Peloponnesian War - Essay Example Division was evident especially due the two rival systems of alliances where neither could allow the other to be superior to the other. Sparta led the Peloponnesian league while Athens headed an empire of city-states 454 BC, the Delian league treasury, was transferred to Athens. After two years, Athens which dominated the vast Mediterranean Sea naval alliance started treating the league members as subjects rather than partners. Sparta had initially rejected the proposal of formation of the league. Athens then began fighting short wars to force members who had any intentions of defecting from the league to stay and those who had already left to rejoin. 433 BC, Athens, signed a treaty with Corcyra (modern day Corfu) to provide mutual protection, the move was interpreted as an act of provocation by Sparta and its allies and the following year Sparta cancelled her treaty with Athens. 433 BC, Athens, banned trading activities with city-states allied to Sparta. Athens also introduced high taxes to other states that led to the weakening of the Delian league. Sparta then declared war to stop Athenian control and dominance. 431 BC, Spartans ally, Thebes, sent a contingent of soldiers to seize and control a town called Potidea. However, they failed and the soldiers were caught and imprisoned. The residents of Potidea put the advancing troop of 200 to death. A day later Athens sent a messenger to plead with the townspeople against such abrupt action but it was too late as it marked the beginning of a long battle, a war. According to Thucydides the immediate causes of the Peloponnesian war were the Corinthian opportunism. It all began when Corcyra and Corinth began disputing over Epidamnos; the dispute drew Athens and Sparta which lead to the formation of a powerful group of allies. As the initial dispute escalated another one sprung up over Potidea in northern Greece between Athens and Corinth. The squabbles began a free fall into deeper conflict. The Epidamnos and
Saturday, November 16, 2019
Mary Kay Ashs Essay Example for Free
Mary Kay Ashs Essay Story By phoebe Mary Kay Ash was a famous American businesswoman and the founder of Mary Kay Cosmetics. She started her business with a small investment of $5000 in 1963, and soon became one of the most successful business women of her time. Mary Kay Ash was born on 12th May, 1918 in Hot Wells, Harris County, Texas. Her childhood experiences shaped the future of this visionary woman, and with a significant impact to the American history. Due to the illness of her father, her mother worked for 14 hours a day at a local food restaurant to take care of the family, while Mary Kay looked after her father along since she was young. Her mother always put the ââ¬Å"you can do itâ⬠spirit in the young Maryââ¬â¢s mind. One time, Mary Kayââ¬â¢s mother went to work and she needed to take care of the illness father at home alone, she had to decoct medicine herbs for her father but she didnââ¬â¢t how to do it. So she called her mother to teach her step by step on the phone, but little Mary Kay was afraid, but her mother said to her gently â⬠you can do it â⬠. Finally, she did it. Since then, this sentence has inspired her when she encountered difficulties. When she was only seventeen years old, she married Ben Rogers then soon had three children, while her husband went to serve in World War II; she took the job of direct selling of books. Due to her amazing marketing skills, she earned an amazing $25,000 in just six months. While Mary Kay was enjoying her professional success, things at the personal front werenââ¬â¢t that smooth. Her husband was killed on the battlefield, and left her with three children. After her divorce, Mary Kay took up a job with Stanley Home Products, a direct sales firm. She became very successful in selling home care products but didnââ¬â¢t get enough recognition for her work. Her supervisors not only didnââ¬â¢t appreciate her work but also never raise her salaries. However, if a man did what she has done, somehow he can get an award. The inequality between men and women are very obvious in her workplace. So finally she resigned after worked very hard for 25 years in the firm, at the same time she learned a very important lesson of her life that men could not believe that a woman can be successful in business. Mary Kay turned her attention to writing a book, which eventually changed the course of her life and became a plan for her dream company that had innovative marketing plan for women. But her accountant said that she will close down if you start to open it. Itââ¬â¢s impossible, She has seen many of these cases that many people went bankrupt within six month. But Mary Kay never heard of it, she believed that she can do it well. In 1963, with an investment of $5000, only a 500 sq. feet store in Dallas, Texas, Mary Kay and her nine zealous beauty consultant started the Mary Kay Cosmetics Company; it was a direct cosmetic products selling company. In the first year of operation, they made a staggering profit of $200,000. In the two years time, Mary Kay Company was selling products worth one million dollars. By this time, the company she created had become a worldwide enterprise with representatives in more than 30 markets. She applied the strategy of giving incentives over good work and started by giving pink Cadillac to the top salespersons of the year. The other incentives included diamond jewelry, bumblebee pins, and 5-star vacations. This strategy really worked and became one of the reasons for companyââ¬â¢s success over the years. If you want, do it, you can, this is her famous wisdom and realized the dream for women and a better life of abundance with heart. She also published three best-selling books during her lifetime. Her book, ââ¬Å"Mary Kay on People Managementâ⬠, another best seller was included in the business courses at Harvard Business School. Mary Kay received many honors and awards during and after her lifetime. In 1976, she received the Hall of fame Award from Direct Selling Association. Two years after that, in 1978, she got the Cosmetic Career Woman of the Year Award from the Cosmetics Career Women, Inc. The same year she received the Horatio Alger Distinguished American Citizen Award from Horatio Alger Association and so on. Mary Kay Ash passed away on 22nd Nov, 2001. She was buried in the Sparkman-Hillcrest Memorial Park Cemetery in Dallas, Texas. She is the greatest women I paid my full respect to her. She gives women the courage to fulfill our dream not only in Mary Kay Company but also another business sectors and proved that not only men can be successful in business but also women can be. Yes, she did it. Itââ¬â¢s a very good piece of work, the detail information are very clear. But it will be a good idea to give one or two more examples on how she relate idea of ââ¬Å"you can do itâ⬠in her later successful business life.
Thursday, November 14, 2019
Minimalism Essay example -- Essays Papers
Minimalism In order to understand minimal artistsââ¬â¢ tendency to produce objects and not images, we need to define minimalism. Michael Delahunt at Artlex (1) refers to minimalism as ââ¬Å"A twentieth century style of art stressing the idea of reducing a work of art to the minimum number of colors, values, shapes, lines and texturesâ⬠. But I think this definition does not completely reflect what minimal artists did. They did not get interested in ââ¬Ëcomplexââ¬â¢ things as colors, values, lines etc. They preferred objects to images or I would rather say ââ¬Ëbrushstrokesââ¬â¢. Because that they believed that ââ¬Å"less is moreâ⬠, even brushstrokes were too much for them. Minimalists were against self expression. They wanted to use the meaning a ready made object already has in it. This was totally suitable for their purpose of using minimum effort and material for an artwork. Preparing an image would consume too much of the artistsââ¬â¢ time and effort. And whatââ¬â¢s more, it would have self expression in it. They also believed that art could be concieved by mind before execution. That is, one must be able to explain an artwork to another who hasnââ¬â¢t seen it. For example Mohology-Nagy gave instructions by phone to a factory for one of his works(2). This can be thought as a instruction manual for an artwork (I think we can call minimalism as D.I.Y. art!). But you canââ¬â¢t do this kind of art with a painting. Can you think of it? ââ¬Å"put some yellow there, mix red with brown and put it on the tree with ...
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