If we look at the actual inventory values, we will discover that the company's policy does not support high inventory values, which comes to explain the high turnover values.
Fixed - assets turnover (2004) = 0.97 times with 0.98 times in 2003. This is not necessarily a high value, but it does not necessarily mean the company is not using its fixed assets efficiently. In my opinion, it is more an indication of the specificity of the industry in which the company operates and of its own characteristics.
The total-assets turnover shows the same trends, with values of 0.62 (2004) and 0.61 in 2003.
In terms of profitability ratios, we are inclined to use the profit margin on sales indicator, as well as the return on total assets ratio, currently referred to as the return on investment ratio (ROI).
Again, de to company's specificity, we can evaluate the profit before tax as the changes in net assets from operations, from the consolidated statement of activities. However, we discover that this is a negative value both in 2003 and in 2004. Not necessarily a discomfort in this case, the negative values come to show that the company relies on investment in buildings, equipment etc. rather than in increasing its...
Cross Cultural Mores and Values: Middle-Eastern Americans, South Asian-Americans and Native Americans No longer a melting pot but more like a salad bowl, the United States has always been a land of immigrants and its diverse demographic composition today is a reflection of this process. In fact, just one group, Native Americans, can be regarded as being the original inhabitants, but anthropologists argue that even these people likely migrated from other
J Lastly, in chapter 9, Hendon, Hendon & Herbig (1999) focus on "what" or the contract, of cross-cultural negotiations. The authors claim the only purpose of cross-cultural negotiations is to product a "contract" or an agreement, which they define as an "exchange of conditional premises in which each party declares it will act in a certain way" only on the condition that the other parties involved agree to live up
The trainer will then focus on the steps to be taken to develop new skills. For example, if the trainer wants to talk about motivating, leading, negotiating, selling or speaking, it is best to start with what the learners do well before showing some chart on Maslow's theory, Posner's leadership practices, or selling skills from some standard package that has been develop elsewhere. Many foreign trainers make grave errors
employee's cultural background has a direct influence on attitudes and job satisfaction. Research on cross-cultural organizational and human resource issues help management better understand and guide practice. The most cited cross-cultural work on employee attitudes is that of Hofstede (1980, 1985). Within the Native American community there is a well-known tradition of respect for the importance of family and honoring of elders. In To Build a Bridge: Working with
American citizenry is somewhat in the position of the unfortunate citizens of some third-world countries who try to stay out of the cross-fire while Maoist guerrillas and right-wing death squads shoot at each other. Reports of a culture war are mostly wishful thinking and useful fund-raising strategies on the part of culture-war guerrillas, abetted by a media driven by the need to make the dull and everyday appear exciting
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