Management. Business function and processes (Tourism) Research Paper

Management. Business function and processes (Tourism) - Research Paper Example During next few years, TUI developed and changed its production from industrial segment to a modern tourism and shipping company. The general credibility of the TUI is quite excellent. Strategically today TUI is the largest and leading tourism and shipping organization of the world, operationally active mainly in Central, Northern and Western Europe while it has the networks across the Europe as well. The inventory of TUI is decorated with hotels, restaurants, retail stores, container ships, travel agencies and airlines. TUI has â‚ ¬14,917.5 million current and non-current net assets and liabilities (Interim Annual Report, 2009). On December 2008, TUI had 70,200 employees (TUI Annual Report, 2008), 285 hotels with 163,000 beds in 28 different countries including 84% four or five star hotels, 79 tour operators in 18 countries, 120 aircraft, 10 cruise liners, and 443 subsidiary companies (http://www.tui.com). At present, TUI AG has 43.3% shares in Hapag-Lloyd AG. During the fiscal y ear 2008, TUI had revenue about â‚ ¬759 million. One of the unmatchable entrepreneurial landmarks of TUI is its continuous structural progress and upgrading services offered to worldwide customers. Contrary to its rivalries, TUI is very successful in both the tourism and shipping divisions because of its advanced attractive products and services as well as the expansion of new and strong brands. However, the performance of TUI has been affected badly due to ongoing war against terrorism, natural calamities, global recession and lack of customer confidence. Prior to 9/11, TUI had more dynamic growth from 1995 to 2001. Post 9/11 affects really restricted the TUI’s expansion strategy especially in various countries of Asia. Since China is an emerging market, therefore TUI had planned a broad strategy but war in Afghanistan and its further affects in Pakistan kept TUI to hold up its venture in China (http://www.tui.com). In such political and military situations, TUI decided to launch its new segment in the form of a network of fast food outlets in major cities of UK and Greece instead of Asia. The long term success of TUI in Europe also forced its top management to expand the company’s growth into competitive markets of Eastern Europe. With the intention of mounting its potential, developing activities, and to attain a sustainable lead against its rivalries, TUI has decided to launch its tourism network in the markets of UK and Greece. In the first phase of its new project, 10 fast food units

How far can it be argued that German Nazism was just one example of a Essay

How far can it be argued that German Nazism was just one example of a more general European fascism Discuss with particular r - Essay Example Fascism was a common in the early European community, which thrived on the use of hostility against liberal democracy, communism and sociology. While the different forms of fascism in the early European nations differed, they share a number of ideologies some of which validated the German Nazism as one of such. Nazism is an acronym referring to the National Socialism. It was an early political ideology largely practiced in Germany among other regions in the early European community. Despite its widespread practice, the German Nazism was more prominent owing to its radical form of governance and its conspicuous portrayal as a form of fascism movement2. Nazism in Germany evolved progressively from the Pan Germanism a radical political movement that sought to unify Germans under a common identity and shared a common dislike for communism. The movement therefore fought against the spread of communism in the post First World War Germany. It was a radical movement that openly used racism a s a means of unify the people of common interests compelling them to share a common goal and therefore strive for its attainment3. For such reasons and for the strategic management of the German Nazism, the movement therefore portrayed itself not just as a major political movement that resulted in the creation of the modern day Germany but a fascist movement that would use any amount of force for the attainment of its common interest4. The movement used far right racisms against people it did not consider legitimate Germans. The level of racism in Germany was far right implying the highest level of racism in any society5. It allowed for the domination of the society by a race commonly considered superior. The movement sought to defend the national interest through the effective protection of the interests of those it thought legitimate citizens. Those considered inferior therefore faced intense discrimination, which culminated in the mass murder of more than six million Jews in the society, the holocaust. The Nazi Germany led by its radical leader, Adolf Hitler authorized the development of more than four thousand facilities, which it used to hold concentrate, hold and kill the more than six million Jews. Id doing this, the state sponsored murder began by killing children and women an effective mechanism through which it could systematically eliminate an entire race. By eliminating the women and children first, the government ensured that it contained the population increase of the race since it is only through the women and the children that the race could safeguard its future. For the time being, the government permitted the use of the Jews men as slaves in the plantations and other facilities that belonged to the legitimate Germans, the Nazis. The Nazi government used the genocide as a means of consolidating the country’s resources to the Nazis. It was a perfect method of eliminating competition and conflict of interest thereby resulting in a country with common interest. The government termed the mass killings as a solution to the Jews problem6. Apparently, the Jews a religious grouping and therefore an ethnic community, which often opposed the authoritarian Nazi government. It therefore presented a substantial opposition to the effective governance of the country. With a population of more than seven million people, it was a minority group but occupied a sizable piece of land in the country that the government thought best befitted the Nazis7. Additionally, their

DaVinvi The last Supper Essay -- essays research papers

The Last Supper has been and will be one of the most talked about works of Leonardo Da Vinci’s work of art. The work of art was started in 1495 and was completed in 1498; it contained the event depicted in the bible as the final days when Jesus announced that he would be betrayed by one of his twelve disciples.† Leonardo had chosen to depict the moment when Jesus says, â€Å"One of you will betray me†.1 The painting is located in the dining hall of Santa Maria delle Grazie in Milan Italy. The painting was commissioned by Duke of Milan, Ludovico Sforza. The painting it self has a massive presence of 15 feet high by 29 feet wide. Even though most facts stated that the painted was not completed until three years after it was started. It was also well known that Da Vinci was a procrastinator, meaning the he did not consistently work on the art for a time period of three years but on and off when he had the time, subjects and motivation. It is said that most of his ti me with the painting was looking for model for the art work it is said that when he working on the picture it’s self he would stare at it for hours and then climb the ladder and paint for hours. Later he would not be seen for days and then show up paint a few stokes ad leave again. Much of the work was sporadically done. The painting was done on a large dry stone wall that was first treated with a base or primer. The stone wall was sealed with a layer of pitch, gesso and mastic. From there it was painted with tempera. U... DaVinvi The last Supper Essay -- essays research papers The Last Supper has been and will be one of the most talked about works of Leonardo Da Vinci’s work of art. The work of art was started in 1495 and was completed in 1498; it contained the event depicted in the bible as the final days when Jesus announced that he would be betrayed by one of his twelve disciples.† Leonardo had chosen to depict the moment when Jesus says, â€Å"One of you will betray me†.1 The painting is located in the dining hall of Santa Maria delle Grazie in Milan Italy. The painting was commissioned by Duke of Milan, Ludovico Sforza. The painting it self has a massive presence of 15 feet high by 29 feet wide. Even though most facts stated that the painted was not completed until three years after it was started. It was also well known that Da Vinci was a procrastinator, meaning the he did not consistently work on the art for a time period of three years but on and off when he had the time, subjects and motivation. It is said that most of his ti me with the painting was looking for model for the art work it is said that when he working on the picture it’s self he would stare at it for hours and then climb the ladder and paint for hours. Later he would not be seen for days and then show up paint a few stokes ad leave again. Much of the work was sporadically done. The painting was done on a large dry stone wall that was first treated with a base or primer. The stone wall was sealed with a layer of pitch, gesso and mastic. From there it was painted with tempera. U...

Navajo Religion

Curiously, the Navajo peoples have no word In their language that can be directly translated to â€Å"religion†, In the way we perceive It (Woman 536). Rather, the term ‘religion' refers to their world view. Anthropologists define religion as a set of attitudes, beliefs, and practices dealing with supernatural powers. The Navajo do not divide the secular from the holy; life and religion are one in the same. The Dine religion has a deep connection with the supernatural. Gods, spirits, monsters, and other supernatural beings play a large part of their everyday life.Din Dinned, or the â€Å"Holy People†, are viewed as gods by the Navajo. The term used for the deities does not Imply that these are virtuous gods, but that they are powerful and dangerous. It is considered the duty of humans to preserve a harmonious connection with the Holy People (Woman 539). The Navajo are polytheistic; however the Changing Woman is possibly the most cherished deity. Her twin sons, Mon ster Slayer and Born For Water, their father the Sun, and her make up some sort of â€Å"Holy Family† which is often seen in myth and ritual (Woman 539).There can be confusion about which Din Dinned appears In certain myths and rituals because different Ames are occasionally used to represent the same deity (Woman 539), The Navajo have a heavy sense of animism, which is the belief in spirits. Nearly everything in the universe contains a human-like inner form Ones). This inner-form is very similar to the concept of a soul. Aside from natural phenomena, such as mountains and plants, material objects such as arrowheads can even contain this in-lying â€Å"soul† (Woman 539). However, death and ghosts are greatly feared In their society (Nonfood-Grimm 1801).The dead are burled promptly without any accompaniment of a public ceremony. (Adams 253). To keep the deceased from returning, all of their possessions would be destroyed or rendered useless. This would be done so person al belongings would follow the deceased into the afterlife, therefore, keeping them happy and giving them no reason to return (Inform-Grimm 1801 ). The Holy People and spirits are central to Navajo life. Monsters plague their peripheral existence. Monsters may help explain a disastrous situation every now and then, such as The Monster Who Kicks People Down the Cliff, but It Is not something one would come across every day.Because of the Navajo everyday connection with the preternatural, myth plays an important role in day-to-day activities. Most myths discuss how things came to be, such as how humans came about. The creation myth of the Navajo describes the four worlds the Din Dinned passed through before creating the first earth surface people, known as First Man and First Woman, in the fifth world (Martinez 35). Myth also has a direct link to ceremonies and rituals the Navajo perform. The Changing Woman influences a very important rite of passage for girls who reach puberty. It is said the Changing Woman grew from infancy to maturity in four days.To honor this myth, upon a girl's first menstruation cycle, she partakes in a ritual known as the Kendal. The Kendal is a four day ceremony which begins with a blessings chant, and finishes with the young woman blessing a number of small children by lifting them, and killings their heads. TLS Is done so â€Å"their bodies grow There are few ceremonies, however, that mark a life-change. The Navajo see seven stages in life, however only three are recognized through ceremony. The first is at birth, where both the mother and child are washed, chanted over and sprinkled tit pollen to protect them from evil.The second applies only to girls, as it is the puberty ceremony discussed above. There is no puberty ceremony for boys. The third would be marriage. A brief blessings chant would take place, followed by a feast for family and friends (Inform-Grimm 1800). Most Navajo ceremonies and rituals focus on restoring â€Å"h ¶GHz ¶Ã¢â‚¬  or universal balance and harmony Cones 337). This is most often done through ceremonials. Ceremonies are often held in a Hogan (a house, or building) in a group setting (Woman 537). Ceremonies can employ multiple types of ritual.Offerings are sometimes made to the Din Dinned to attract attention and obligate their assistance. Another common practice is a sort of a sacred meal. Pollen is often consumed in addition to prayer. This is because pollen is personified as Corn Pollen Boy and his cohort Corn Beetle Girl, who together represent fertility, life, and happiness. Perhaps the most common form of ritual found in the Navajo religion is prayer. Prayer is often seen in the form of chants, and songs (Woman 541). All of these rituals can be combined to maximize the chance of contact with the supernatural.The Navajo interesting view of the inner-form make the sacred aspect of religion interesting. Because nearly all things in the universe have this human-like inner form, whether it be one of the four cardinal directions or a Din dinned, there is no clear separation of sacred and profane (Woman 539). As mentioned earlier, the main duty of man is to preserve a harmonious relationship with the Holy People. A person may rely on this relationship for healing, or for good fortune in the future. Ceremonies are rarely ever done in a private setting. Even in a girl's Kendal Rooney, the various segments are done with others.During the Kendal, it is customary for the young woman to race, in honor of the run the Changing Woman took towards the dawn. The subject of the ceremony races with other girls her age (Inform-Grimm 1800). The beliefs of the Navajo also easily fulfill both the intellectual and psychological needs of the society. Because of their strong belief in the supernatural, natural phenomena can easily be explained. When one falls ill, it can often be blamed upon a ghost or possibly improper contact with a Din Dinned. This is a very simple explanati on for why negative experiences may occur.One can find relief from these tragedies by expecting a cure from a ceremony (Woman 537). The major religious practitioner in the Dine society is called a singer. Singers are full time specialists who dedicate themselves to learning one or two major chanteys (Woman 538). A chantey is essentially a ceremony. However, the ceremonies performed by the Navajo are often long and drawn out, lasting two, three, five, or even nine nights (Adams 252). Singers spend years studying a single chantey with an older expert, who receives gifts from their apprentices as payment.Singers hold very high status and sometimes act as informal leaders in their communities (Woman 538). Because they are able to have full-time religious specialists, the Navajo religion religious practitioners, as well as group prayer, which is all present with the Dine. Religion plays a key role in the everyday life of the Navajo peoples. Their world view is evident through their belie fs and actions. The Dine views provide the society with important values and ideas. The use of religion by the Navajo gives an example of how a society can be positively affected by a unique belief system.

Juvenile Crimes And Juvenile Crime - 1620 Words

Juvenile Crimes Juvenile crime occurs when a person violates the criminal law under the age of majority (in most states it’s 18). The juvenile system is way different than the adult system. When a juvenile commits a crime there are legal consequences for their actions depending on what he/she did. Sometimes the system can put them in rehabilitation or a detention center. If the offense is minor, the juvenile could be released to the custody of a parent or legal guardian. In the United States if the juvenile gets arrested for a minor offense the court will usually give a (Notice to Appear). In the notice to appear will list, where the juvenile should report, as well the time and date. There are different types of sentencing alternatives to juvenile crime, when sentencing a juvenile they can be classified into two basic categories: incarceration-related options and non-incarceration options. When incarceration the juvenile can be in (1) (Detention Facility), this is where the minor has to serve a short term sentencing for the crime they committed. (2) (House Arrest), House arrest is when the minor has to stay home, with the limit to travel from school, work, and wherever the court allows them to go. (3) (Secured Juvenile Facilities) these are similar to juvenile hall except that they are intended for longer terms, sometimes months or years, also called camps. There are over 2,500 people that are serving life in prison without the possibility of parole for the crimesShow MoreRelatedJuvenile Crime And Juvenile Crimes1437 Words   |  6 Pagestoday is juvenile crime. Today the juvenile involvement in crime occurs for many different reasons in many different places. Ages still in the single digits all the way through 17 are committing illegal juvenile acts each and every day. Some of these crimes are done on purpose and with an intent and some of the crimes are done on total accident. Juveniles all over America in all different places are committing crime today and as you read this there are juveniles somewhere out committing crimes. â€Å"TheRead MoreJuvenile Crimes Of Juveniles1055 Words   |  5 Pagesof anyone who has been a victim of a major crime? I live near the nation’s capitol and our local news channel carries stories about people meeting this fate every day. The worst part is that the criminal is often under the age of eighteen. In 2016, in Washington, D.C. alone, there were 3,278 juveniles arrested for criminal activity (â€Å"Biannual Reports†). I find myself wondering if that criminal will be tried as an adult or merely spend time in juvenile detention. I wonder if the child understandsRead MoreJuvenile Crimes 1247 Words   |  5 PagesJuvenile crime is a growing problem that endangers virtually every American. Juvenile delinquency is enormously damaging to the health and well-being of the nations families and communities. A juvenile crime can consist of DUI, robbery, rape, minor in possession, weapon in possession anything an adult can be charged with. Individuals under the age of eighteen who commit these crimes can be charged as a juvenile delinquent. Statistics show that most juveniles that commit crimes are in a gang; weatherRead MoreJuvenile Crimes924 Words   |  4 PagesWhen deciding how juveniles should be treated or punished for their crimes, depends on the individual and the severity of the crime they commit. The term juvenile is classified as anyone who commits a crime that is generally between the ages of 7 and 17. There are many critics that argue different ways and ideas on how to handle juveniles and whether or not their age should affect their consequences. Some view that juveniles should be treated more for rehabilitation rather than punishing them. TheRead MoreJuvenile Crime And Juvenile Delinquency1322 Words   |  6 PagesVersion). Juvenile crime, in law, term denoting various offense committed by children or youth under the age of 18. U.S. official crime reported that in the mid-1900’s â€Å"about one-fifth of all persons arrested for crimes were under the age of 18† (Funk Wagnalls, 2014). Such acts are sometimes referred to as juvenile delinquency (Funk Wagnalls, 2014. Offering constructive programs reduces juvenile delinquency and reduces recidivism. â€Å"From the beginning, the principal consideration of the juvenile courtsRead MoreJuvenile Violent Crime And Juvenile Crime Rates1720 Words   |  7 Pagesadults, depending on the crime they committed. Punishments even included death if the juvenile was deemed to be past the point of help. Later on courts were geared more towards rehabilitation than punishment. Reform movements came along and parents could send their children off to reformatories to live and work as part of their rehabilitation. Due to poor living and working conditions many of these places were closed down. Soon after the Progressive Era, the first juvenile court system was openedRead MoreJuvenile Crime And Juvenile Delinquency1458 Words   |  6 PagesDay in and day out residents and visitors to the Boston area are affected by juvenile crime and delinquency. Though the crime rates in MA and across the nation are on a steady decline, these juvenile crimes are still considered a serious matter that needs attention. It is thought that juvenile offenders do not cope as well with the criminal justice system as well as adults may be able to and therefore there needs to be a focus on how the system can better aid in the rehabilitation of these youthfulRead MoreJuvenile Justice : Juvenile Crime1035 Words   |  5 PagesStephani Portillo Honors English 10b Branson,6 May 19,2017 Juvenile Justice As juvenile crime increases over the years due to gang activity, bullying, etc. many offenders are given a life sentence without parole. There isn t a clear boundary that marks at what age should they be treated as adults because the severity of their action always effects that. Should a 6-year-old be convicted with life in prison or should they let them go? Is a 16-year-old enough to be charged with murder like an adultRead MoreJuvenile Sentencing : Juvenile Crime Essay793 Words   |  4 Pages Juvenile Sentencing Juvenile crime has skyrocketed to an all-time high, mainly in the big cities. The major problem is kids doing crimes and not being punish severely enough due to the lack of sentencing. Today’s generation knows how to beat the system because of the sentencing guidelines. Most of the kids in Florida knew that a simple misdemeanor charge they could be released the next day. During the years from 1997-2013 the amount of kids committed to juvenile facilities has dropped fromRead MoreJuvenile Crime And Juvenile Offenders988 Words   |  4 PagesJuvenile crime is at its lowest level since 1987, falling 30% between 1994 and 1998. Therefore it is only fair to acknowledge that the criminal justice system has made tremendous strides in it’s treatment of the typical juvenile offender. For example, there was once a time when there was no separation between the treatment of both juvenile and adult offenders. Meanwhile today we have separate courts for juveniles and adults which I feel is a step in the right direction because it enforces

Attention Deficit / Hyperactivity Disorder ( Adhd ) Essay

According to the U.S. Department of Health and Human Services throughout recent years the number of diagnosed cases of childhood ADHD has continued to increase from 7.8 % in 2003, to 9.5% in 2007, 11% in 2011 (US CDC Statistics, 2016) It is estimated now that there are nearly 7 million children throughout The United States of America that have been diagnosed with this disorder. This is a number that has grown rapidly over recent years due in part to the growing research and understanding of the condition and the evolving diagnostic criteria for diagnosis. The American Psychiatric Association currently defines Attention-deficit/hyperactivity disorder (ADHD) as† a persistent pattern of inattention and/or hyperactivity-impulsivity that interferes with functioning or development, has symptoms presenting in two or more settings (e.g. at home, school, or work; with friends or relatives; in other activities), and negatively impacts directly on social, academic or occupational function ing.† (DSM-V, 2013) With such a number of people effected by ADHD, it is surprising to see how uninformed, or at the very least, misinformed, the majority of the population remains concerning the disorder. Identification and Dissection Attention-deficit/hyperactivity disorder (ADHD) is currently the most common childhood psychological disorder in America today. There are a wide variety of opinions from professional and lay person alike on every topic surrounding ADHD there continue to be studiesShow MoreRelatedAttention Deficit Hyperactivity Disorder ( Adhd )1710 Words   |  7 Pages Attention-deficit hyperactivity disorder or ADHD which is often referred to as childhood hyperactivity, it s a severe and chronic disorder for children. It is one of the most prevalent childhood disorders, and affects 3% to 5% of the school-age population. Boys outnumber girls three or more to one. Children with ADHD can experience many behavioral difficulties that often manifest in the form of inattention, being easily distracted, being impulsive, and hyperactivity. As a result, children withRead MoreAttention Deficit Hyperactivity Disorder ( Adhd )1744 Words   |  7 PagesI chose to research Attention-Deficit Hyperactivity Disorder, otherwise known as ADHD, in culture and child development for the following reasons. First, it is important as educators that we understand the difference between restlessness and Attention-Deficit Hyperactivity Disorder in children. Secondly, we must be conscious of the origins of ADHD, how to recognize it, the myths and prejudices against it, and kn ow the most appropriate intervention strategies. Educators must also realize that evenRead MoreAttention Deficit Hyperactivity Disorder ( Adhd )1495 Words   |  6 Pagesoccasionally forget to do their homework, get fidgety when they lose interest in an activity, or speak out of turn during class time. But inattentiveness, hyperactivity, and impulsivity are all signs of attention deficit hyperactivity disorder (ADHD). ADHD is a neuro-development disorder and can start as early as three years old throughout adulthood. People with ADHD have trouble focusing on tasks and activities, this can have a negative impact on the individual in different ways. It can make the child feelRead MoreAttention Deficit / Hyperactivity Disorder ( Adhd )1699 Words   |  7 Pageshas had some difficulty sitting still, paying attention and even controlling impulsive behavior once or twice in our life. For some people, however, the problems that occur slim to none in our life occurs in the lives of theirs every day and interfere with every aspect of their life inclusive of home, academic, social and work. . The interaction of core ADHD symptoms with co-morbid problems and neuropsychological deï ¬ cits suggests that individuals with ADHD are likely to experience problems in academicRead MoreAttention Deficit Hyperactivity Disorder (ADHD)1259 Words   |  5 PagesAttention Deficit Hyperactivity Disorder (ADHD) is the most commonly found disorder in children in the United States. Statistics show that the male to female ratio for children with ADHD is eight to one. 4.4 million Children between the ages four to seventeen have diagnosed with ADHD (Cheng Tina L et al.). African American children are at a higher risk for having ADHD. Caucasian children are least likely to have ADHD. 2.5 million children receive medication for ADHD, but African American childrenRead MoreAttention Deficit Hyperactivity Disorder ( Adhd )1002 Words   |  5 PagesAbstract There are many disorders that are first diagnosed whether it is during infancy, childhood or adolescence. The disorders range from intellectual disabilities, learning disabilities, communication disorders, all the way through to elimination disorders. Attention-deficit and disruptive disorders are the most common. All including AD/HD, conduct disorder, oppositional defiant disorder, and unspecified disruptive disorder. Attention deficit hyperactivity disorder is one of the most commonRead MoreAttention Deficit Hyperactivity Disorder ( Adhd )1058 Words   |  5 Pagesfrom disorders such as Attention Deficit Hyperactivity Disorder (or ADHD/ADD.) While much is known about these disorders and how they affect the education of children, there are only a few known methods that consistently help an affected child focus and target in on what they need to learn. Medication for children With Attention Deficit (Hyperactivity) Disorder must be used as an aid to help the affected child to focus and comprehend information being presented to them. Children with Attention DeficitRead MoreAttention Deficit Hyperactivity Disorder ( Adhd )978 Words   |  4 Pagesin diagnoses of attention deficit hyperactivity disorder (ADHD) in children since the 21st century. Per the Centers for Disease Control and Prevention the increase has been seen as a difference from, â€Å"7.8% in 2003 to 9.5% in 2007 and to 11.0% in 2011† (p. 4). Many questions arise concerning why the numbers are on the rise, especially when boys are 7.6 percent more likely than girls to receive the diagnosis of ADHD. When should the line be drawn between a disorder, and hyperactivity that comes withRead MoreAttention Deficit Hyperactivity Disorder ( Adhd )1552 Words   |  7 PagesATTENTION DEFICIT HYPERACTIVITY DISORDER Seth was a second grader at West Elementary. He constantly got reprimanded by his teachers for not paying attention in class. He could not understand the information given to him during the school day. He thought he was stupid and useless. But he was not. His parents got him tested by a doctor for ADHD. He is one of many kids in the United States who have been recognized as having it. Attention Deficit Hyperactivity Disorder is a major issue in the educationRead MoreAttention Deficit Hyperactivity Disorder ( Adhd ) Essay700 Words   |  3 PagesWhat is ADHD? Attention Deficit Hyperactivity Disorder (ADHD) affects almost 10% of American children between 13 and 18 years old, as well as 4% of U.S. adults over 18. Only a licensed mental health professional can provide an ADHD diagnosis, after a thorough evaluation. ADHD has three primary characteristics: Inattention, hyperactivity and impulsivity. Inattentive: Are effortlessly distracted, fail to catch details, are forgetful, and regularly switch activities. Find it difficult to focus

Financial Statement Analysis and Comparison of Kroger and...

ACC 300 FSA Project Ratio Analysis of The Kroger Co. and Whole Foods Market, Inc. TEAM Jake Eriksen (002) Brycen Goldstein (002) 16 Ross Wright (001) Nicolas Kim Omar Harb (001) (002) Kroger The Kroger Co. (referred to as Kroger) is a large grocery chain audited by PricewaterhouseCoopers LLP. Kroger ended its FY 2012 on February 2, 2013, FY 2013 on February 1, 2014, and FY 2014 on January 31, 2015 (Saturday nearest January 31). From page 39, we are told that 95% of inventories in 2014 and 2013 were counted using a LIFO costing method, stating the lower of cost or market. However, Kroger’s fuel inventory levels are determined using the FIFO cost method. The company uses the Link-Chain, Dollar-Value†¦show more content†¦On page 40, we are told that Whole Foods uses the straight line method for the depreciation of property and equipment, including depreciation of equipment over useful lives (3-15 years), amortization of leasehold improvements and real estate assets under capital leases, and depreciation of buildings (20-50 years). When assets are retired or disposed, costs and accumulated depreciation are removed from the balance sheet and gains or losses are then reflected in earnings. Net Cash Provided by Operating Activities 1150 Dollars (in millions) 1100 1088 1050 1009 1000 950 920 900 850 800 2014 2013 Year 3 2012 Kroger RATIO Current Ratio EQUATION RESULT 8,911 11,403 = 0.781 Return on Assets (30,556+29,281)/2 Return on Equity Return on Sales 1,728 â„Žâ„Ž †² â„Žâ„Ž â„Ž . # â„Ž (5,442+5,395)/2 1,728 EPS Diluted EPS â„Žâ„Ž â„Ž . â„Ž + 2,070.4 = 0.016 108,465 1,728−17 490 1,711 490+7 = 3.492 = 3.443 /365 (1,266+1,116)/2 Debt to Equity â„Žâ„Ž †² 9,771+1,885 Dividend Payout Inventory Turnover = 0.069 Working backwards from the income tax expense, we estimate income tax rate to be 34%. NOPAT is then Operating profit taxes, or 3,137*(1-0.34) = 0.319 AverageShow MoreRelatedA Comparative Analysis of the Grocery Chains: Whole Foods Market and Kroger Co.4229 Words   |  17 PagesA Comparative Analysis of the Grocery Chains: Whole Foods Market and Kroger Co. Liz Broxton Sharon Neely Joyce White Columbia College Abstract The purpose of this paper is to conduct a comparative analysis of two grocery chains, Whole Foods Market and Kroger Co. Research material obtained from each company will allow judgments to be made concerning potential investment decisions. This study will focus on financial statements such as the income statements, balance sheets and cashRead MoreWhole Foods Market Finance Analysis Essay1198 Words   |  5 PagesWhole Foods Market Financial Analysis Whole Foods market generated $8.0 billion in sales in fiscal 2009, an increase of 1.0% over the previous years. Yet in fiscal 2009 same-store sales were down 4.3% over the previous years. Operating income for Whole Foods was $284.3 million in fiscal 2009, up to 20.4% over the previous year. This improvement was largely due to stringent cost-containment measures that Whole Foods put into place in the face of the recession economy. The ratio comparison in tableRead MoreLeading Whole Foods With a Competitive Advantage2480 Words   |  10 PagesIntroduction To most consumers Whole Foods is known as a chain grocery store specializing in organic and natural foods. Some may go as far as say the name is synonymous with quality. This comparison is the result of Whole Foods’ marketing their brand successfully to consumers demanding their specialized foods. As with any organization, Whole Foods may consider evaluating their strategic objectives and decide if necessary course corrections are needed to reach their objectives and goals. ThroughRead MoreAssignment 1-Financial Research Report4589 Words   |  19 PagesAssignment 1-Financial Research Report FIN 534: Financial Management Hannah Fox Dr. Dana Leland August 30, 2015 The U.S. publicly traded company that I have selected is Kroger. Kroger is a grocery retail chain in the US. It operates supermarkets and multi-department stores under a number of banners including Kroger, Harris Teeter, Ralphs, Fred Meyer, Food 4 Less, Frys, King Soopers, Smiths, Dillons, Jay C, QFC and City Market. According to The (Kroger Co. SWOT Analysis, 2015), the companyRead MoreWhole Foods Market Financial Findings3573 Words   |  15 Pages| Whole foods Market | Financial Findings | Table of contents: Summary of Operations†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3-4 Financial position†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.4-6 Financial ratios†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...6-10 Historical view of the financial performance†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦....11-13 Industry comparison†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.14-15 References†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..16 Appendix†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦16-28 (Investopedia) (Investopedia) (Yahoo Finance) II. SummaryRead MoreWhole Foods Individual Case, Financial Analysis1550 Words   |  7 Pagesorder to perform financial analysis on Whole Foods Market Inc and its competitor Safeway Inc. This in depth report is both to determine which company is doing financially better and how also how they are doing comparing them to their whole industry. The ratios in this report are going to be used to compare WF to its competitior and also to compare its financial performances to the whole Grocery store industry (SIC: 5411) to see how Whole Foods Inc is doing in regards to the whole industry. It isRead MoreWild Oats Swot1983 Words   |  8 PagesSWOT ANALYSIS A SWOT analysis is a top-level evaluation of a company’s internal strengths and weaknesses; and opportunities and threats that are external to the company, but apply to the industry as a whole. Here, we provide a brief background summary as well as present team Third Shift’s SWOT Analysis for Whole Foods Market, Inc. Whole Foods Market, Inc. 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Whole Food’s stated mission statement was to â€Å"promote vitality and well-being for allRead MoreEssay about Whole Foods Market16819 Words   |  68 Pages[pic] Business Policy and Strategic Management Spring 2009 Team C TABLE OF CONTENTS Section 1: Case Study of Whole Foods 1 1.1 Historical Background 1 1.2 Organization Mission 1 1.3 The External Environment 2 1.3.1 Remote Environment 2 1.3.2 Industry Environment 3 1.3.3 Operating Environment 3 1.4 The Internal Environment 4 1.5 Generic Strategy 4 1.6 Long-Term Objectives 5 1.7 Grand Strategies 6 1.8 Short-Term Objectives 6 1.9 Functional TacticsRead MoreEssay on Sprouts Financial Analysis5188 Words   |  21 PagesFinancial Statement Analysis Project Sprouts Farmer Markets vs Whole Foods Financial Accounting and Reporting ACTG 4610 August 10, 2015 Table of Contents 1. Background of Sprouts Farmers Market 3 1.1 Description of the company and its business 3 1.2 Business Environment 3 2. Income Statement 4 2.1 Major Sources of Operating Revenues and Revenue Recognition Method 4 2.2 Major Types of Operating Expenses 5 2.3 Significant changes in operating