EVALUATION OF THE FINANCIAL PERFORMANCE OF GLAXOSMITHKLINE 2008 AND 2009 BACKGROUND OF THE COMPANY GSK is the world’s largest pharmaceutical company. It has a 7% share of the global pharmaceutical market‚ 26% of all vaccine sales‚ and 17% of all anti-invectives. It was formed with the merger of two top pharmaceutical companies‚ Glaxo Wellcome Plc and SmithKline Beecham Plc in December 2000. “GSK’s history dates back to 1715‚ when Plough Court pharmacy‚ a predecessor to SmithKline Beecham‚ was
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Financial Performance 7.1 Financial Statement FACEBOOK‚ INC. CONDENSED CONSOLIDATED BALANCE SHEETS (In millions‚ except for number of shares and par value) (Unaudited) | | | | | | | | | | | June 30‚ 2012 | | | December 31‚ 2011 | | Assets | | | | | | | | | Current assets: | | | | | | | | | Cash and cash equivalents | | $ | 2‚098 | | | $ | 1‚512 | | Marketable securities | | | 8‚090 | | | | 2‚396 | | Accounts
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Financial Environments Financial Environments The discussion of profit and not-for- profit organizations has been analyzed and discussed in essays and research papers for years. When you include government funded organizations into the mix this tends to bring about some very interesting discussions. There are similarities and differences among the three different environments. Some key identifiers that shed light into the similarities and differences include where the organizations get
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PROBLEM 9–20 Performance Report for a Non-Profit Organization [LO1‚ LO4‚ LO6] The St. Lucia Blood Bank‚ a private charity partly supported by government grants‚ is located on the Caribbean island of St. Lucia. The blood bank has just finished its operations for September‚ which was a particularly busy month due to a powerful hurricane that hit neighboring islands causing many injuries. The hurricane largely bypassed St. Lucia‚ but residents of St. Lucia willingly donated their blood to help people
Free Caribbean West Indies Federation Saint Lucia
AO2: Identify and evaluate non-financial methods of motivating and empowering employee’s Scenario: You work for a HR firm as an advisor. You feel that the motivation across the business has really slipped and you know that something needs to be done. Task: Put together a report detailing the non-financial methods of motivation and empowerment (job rotation‚ job enrichment‚ job enlargement‚ flexible working‚ team building‚ team working‚ quality circles‚ work councils‚ goal and target setting). In
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IAS 18 Income is defined as the increase in economic benefits. This is achieved through increase in assets or decrease in liabilities. And this would ultimately result in the increase in equity. Revenue is income generated through: sales‚ fee‚ interest‚ dividends and royalties. Objective of IAS 18 is to tell the accounting treatment of revenue. Revenue is recognized when it is certain that economic benefits would arise and if these benefits are measurable. Previous IAS 18 was approved
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Introduction In 2005‚ British food retailer J Sainsbury had to write off $526 million it had invested in an automated supply-chain management system after having poor results. Sainsbury’s is lagging behind its rivals in its sales revenue causing them to be making a loss after a period five years. Background of the project Sainsbury as the third largest supermarket in United Kingdom is facing a big problem sustaining their business. They have applied IT into its business which eventually caused
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parts of the business could be better served.(M&S Online‚ 2011). According to this article Lyons said that it is not valuable for Rose to set back in this situation which is going toward downfall. He also added that the merger of M&S and Sainsbury would gain benefit of £25 bn. Moreover‚ Tesco alone will gain market share of £54bn which would be
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Question 1 : Describe what is meant by motivation. What types of non-financial reward might a company use to motivate employees? Motivation can be defined as the reason an individual is performing a task extremely well compared to normal behaviour. Besides that‚ it is also the process that initiates‚ guides and maintains goal-oriented behaviours. A well-motivated workforce can provide several advantages such as better productivity‚ lower level of absenteeism‚ lower level of staff turnover‚ and improve
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Corso di MLaurea in MASTER IN MICROFINANCE Classe n. 2007/2008 Università Degli Studi Di Bergamo Financial Performance of National Bank of Ethiopia Workers’ Savings and Credit Association with special emphasis to adjustments (NBE WSACA) Relatore: Prof: Jacob Yaron Prova finale di Gebeyaw Aychile NOME COGNOME Matricola n. 1004704 ANNO ACCADEMICO 0 Financial Performance of National Bank of Ethiopia Workers’ Savings and Credit Association with special emphasis to adjustments
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