irresistible deals. To make Treasure-Hunt shopping profitable‚ Costco’s buyers purchase these items from the grey market such as wholesalers‚ or distressed retailers rather than manufacturers. How good is the strategy? Costco’s strategy is very good. 4. How well is Costco performing from a financial perspective? Costco is doing very well financially. Though some of the financial ratios may look good from a traditional point-of-view‚ Costco is not a traditional company. Do some number-crunching
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1.Why do we have government? As the colonist declared their independence from Great Britain‚ many did not want a political system‚ due to England’s horrid political structure. This resulted in a conflict between those who wanted to live free from rule‚ and those who saw the need for a system. The colonists’‚ who did not want to be ruled‚ compromised because they wanted their natural rights and liberties to be protected. The government ensures the protection of inherent rights‚ and protects freedom
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THE ZALE CORPORATION Zale Corporation is a leading specialty retailer of diamonds and other jewelry products in North America. The Company has significant brand name recognition as a result of each of its brands’ long-standing presence in the industry‚ having 2.349 stores in the United States‚ Puerto Rico and Canada. The Company´s vision “provide customers with quality merchandise at the lowest possible price” has remain the same since its first store opening in 1920´s. The Mission of Zale Corporation
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Multinational Corporations and the Realisation of Economic and Social Rights Daniel Aguirre( 1. Introduction Although the traditional view of human rights law concerns the relationship between the state and the individual‚[1] increasing attention has been focused on private actors and their effect on human rights. Private actors have duties under international law. This has been confirmed through judicial decisions and treaty interpretation‚ and highlighted by academic
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I. Point of View This group takes the point of view of Mr. Ricardo Sarmiento‚ Vice President for Finance of First Farms Corporation (FFC for brevity). Mr. Sarmiento will present to the Board the financial performance and financial position of the company from 1993 to 1995. In the process‚ he will also make recommendations as to the feasibility of the proposed expansion. II. Case Context In 1995‚ FFC raised P1.1 billion from its initial public offering. P500 million of the proceeds was used as working
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Marriott Corporation: The Cost of Capital (Abridged) 1. How does Marriott use its estimate of cost of capital? Does this make sense? Marriot use cost of capital as the hurdle rate (minimum rate of return required to accept the project) to discount future cash flows for the investment projects of the three lines of business (Lodging‚ Contract Services and Restaurants). They use this rate to calculate NPV and net present value over cost to decide for the profit rate. Since cost of the project
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Introduction Corporate social responsibility (CSR)‚ also known as sustainable responsible business (SRB)‚ or corporate social performance‚ is a form of corporate self-regulation integrated into a business model. Ideally‚ CSR policy would function as a built-in‚ self-regulating mechanism whereby business would monitor and ensure their adherence to law‚ ethical standards‚ and internati onal norms. Business would embrace responsibility for the impact of their activities on the environment‚ consumers
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CORPORATION FORMATION DEFINITION An artificial being created by operation of law‚ having the right of succession and powers‚ attributes and properties expressly authorized by law or incident to its existence” (New Corporation Code) CHARACTERISTICS * separate legal entity – an artificial being with a personality separate from that of its individual owners * created by operation of law – mere agreement of the parties cannot give rise to a corporation * right of succession – continues
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Executive Summary First Farms Corporation started as a small animal feeds manufacturing in 1950s. The company has expanded to other agribusiness products and set up nationwide facilities. Though the company has performed well‚ it has a dilemma – a huge deficit in the operating cash flows of Php 719 million despite increasing revenues. Also‚ return on equity (ROE) is decreasing. In analyzing the case‚ the group is taking the point of view of the Vice President for Finance – addressing the
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You should hire me‚because I have many great qualities that significantly increase the productivity of this business such as I can do very complex math in seconds‚I can also drive heavy machinery‚I also have never failed a semester of school‚I have great people skills‚and I have great confidence. Now you’re probably thinking to yourself oh wow this kid can do simple addition like two plus two.Well not exactly i can do multiplication that is very useful in this business‚that could help a customer
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