The Standard.com Case Study :: GCSE Business Marketing Coursework

The Standard.com Case Study The Standard provides critical and timely information about the Internet economy and furthermore gives a sophisticated coverage of the people, the companies, and the business models shaping it. Their content comprises insightful news analysis, business model reviews, personality profiles, and industry metrics, which support are both a print magazine, The Industry Standard and the online publication TheStandard.com. The Standard is a business-to-business Web site designed for senior-level executives who wants to keep up with the e-business. However, The Standard does not look at products, it analyses the business models behind them, the people that create them and their chances to be successful in the electronic marketplace. The audience consists of Internet business strategists and last year they had 450,00 unique visitors a month. The Standard considers itself, and is considered, as the leading online magazine in the e-business field, hence they developed a targeted message: â€Å"TheStandard: Intelligence for the Internet Economy.† Their logo is very simple and also conveys the idea of effectiveness and professionalism because of its apparent simplicity. The Web site has three columns on a black background. The left one is a menu, which is red, matching the logo. This menu constitutes the â€Å"solid† part of the design, meaning it is always there as the user clicks on different sections or articles. The middle part is white with a blue border and constitutes the frame that changes, where articles and links appear. However, leaving TheStandard’s main frame is not â€Å"just a click away,† as most of their links stay within their site. The last column on the left is for advertisings, which change as you click on different sections. Nevertheless, most of them remain business oriented such as Office.com, Visa or Worldcom. In addition, the site has a

Assessing strategies to combat neighbourhood disputes (Anti-social behaviour)

Assessing strategies to combat neighbourhood disputes (Anti-social behaviour) in deprived council estate areas: A case study on the Isle of Dogs, in the London Borough of Tower Hamlets. Project Issue: The Crime and Disorder Act, 1998, defines anti-social behaviour as behaving: â€Å"In a manner that caused or was likely to cause harassment, alarm or distress to one or more persons not of the same household as (the defendant).† (Home Office (a) 2003) As this definition covers a wide range of crimes from prostitution, to having excessively high hedges1, I have decided to specifically focus on neighbour disputes such as noise pollution, violent occurrences, and inconsiderate rubbish dumping and similar neighbour to neighbour disputes. The central issue of the dissertation will be firstly, the evaluation of how well four researched strategies used to combat anti-social behaviour, all used in four case studies, actually combat and prevent anti-social neighbour disputes. Secondly, how well those strategies would be placed to deal with neighbour disputes in the Isle of Dogs. Each strategy that has been researched has a relevant case study that illustrates precisely how that strategy works when deployed in practice. Each strategy will be assessed in light of the relevant case study. Case studies have been used concerning anti-social neighbour disputes from the Isle of Dogs (East London), Blackburn, Manchester, and Scotland. The questions that this dissertation will be seeking to find out are: * What are the most prominent and researched strategies that have been analysed, evaluated, and used by academics and practitioners? * How useful are each of these strategies, and what are their strength's and what are their weaknesses? * To what extent, can each of these strategies be successfully applied to neighbour disputes within the Isle of Dogs, with its own unique situation e.g. diverse ethnic population, and extreme poverty on the doorstep to a wealthy area (Canary Wharf)? * How high is the level of anti social behaviour within the borough, relative to other London boroughs? * What is so different or peculiar about the Isle of Dogs? I will locate this central issue within the wider context of the causes of anti-social behaviour, and take into consideration the various dimensions of neighbour disputes. For example I will also consider the age and racial dimensions (Lucey & Reay 1999), and the gender dimensions (Nixon & Hunter, 1999), of anti social behaviour and in particular, neighbour disputes. METHOD Summary of the academic research required: The aim of this project is to research, analyse, and evaluate the various arguments and strategies concerning the best method to combat anti-social behaviour with regards to neighbour disputes. There are three main strategies or approaches to combat (anti-social) neighbour disputes that my research has discovered: 1. Improving exclusion from certain areas (as advocated by the government). This would include laws making it easier for social landlords to exclude or kick out tenants from social housing at little notice. It could also include restriction orders whereby the accused is not allowed to come within a certain distance of the property or use certain language in the presence, or audio range, of their neighbours as shown in one of the case studies I have researched (Home Office, 2003)2. It could also come in the form of issuing curfew orders3. 2. The second possible response is the ‘Dundee Families project model (Hunter, 2003). This is similar to the 1970's method of rehabilitation through intensive social work and constant nurturing of offenders, as well as the nurturing of community stakeholders. 3. The third approach is one of the Webster-Stratton programme as advocated by a senior lecturer at the Institute of Psychiatry Stephen Scott4. This is a parent teaching programme, similar to the rehabilitation method above, but involves working strictly with young children (below 10 years of age) and is based in a secure environment talking kids through a video presentation, and group discussions on how they should diffuse problematic situations when encountered upon. 4. The fourth possible approach is the one advocated by the Office of the Deputy Prime Minister: The new deal for Communities (NDC) approach whereby large sums of money, à ¯Ã‚ ¿Ã‚ ½800 million, is given to various neighbourhoods throughout the country for the regeneration of their local community. This could involve building a new park, refurbishing the local community hall, or creating a voluntary organisation aimed at cleaning up graffiti. Through my preliminary research in the form my annotated bibliography, I have discovered that there are widely contrasting views as to the causes of anti-social behaviour, and what strategies work in combating neighbour disputes and those that are a lot more contentious. Each of these strategies will be examined in my dissertation and I plan to analyse and evaluate the strengths and weaknesses of each of these strategies. For each strategy that I have researched I have also researched a corresponding case study that illustrates precisely how that strategy works in practice. With this in mind, I plan to test each strategy by examining the relevant case study against benchmark factors such as: * How well would this strategy work in the Isle of Dogs? * Who are the main beneficiaries, and who are the main losers? * Is it practical? (e.g. cost effective and workable in today's political climate) * Does it pay attention to gender ethnic, or cultural, differences? * Does it build relations within the community as opposed to exclude sections of the community? Anti-social behaviour is commonly thought to occur in regions and areas where there is a high density of council houses, high levels of unemployment, and low levels of education opportunities (Home Office (b), 2003). However this assumption can be challenged, and the main aim of my research is to do precisely that, provide a balanced yet provoking argument providing both sides of the argument to this debate. It could be argued that only by spending money in the regeneration (e.g. building new community facilities, installing double glazing windows, giving grants for local businesses etc) will people take pride in their communities and their housing and stop the anti-social behaviour (Home Office (d), 2003). However it could be argued that only by including those that commit anti-social behaviour crimes into society, would there be a decrease in the amount of neighbour disputes [as opposed to excluding them from housing, facilities, benefits etc] (Scott, 2001) & (Hunter, 2003). Alternatively it could be argued that only by some form exclusion can there be a settlement to anti-social neighbour disputes (Home Office (a), 2001. Data collection: I plan to research and investigate: (a) Various academics think tanks, and the government's views on how to combat anti-social behaviour. (b) How these strategies are deployed on the ground by evaluating the case studies that I have selected. (c) Research previous government funded anti-social behaviour projects and organisations, and evaluate these claims against the previously mentioned benchmarks such as: * Practicalities such as cost, manpower, etc * How the people within the community viewed the project * Does it pay attention to gender ethnic, or cultural, differences? * Does it build relations within the community as opposed to exclude sections of the community? My data collection process will rely heavily upon case studies that I have obtained from various academic journals and government reports. Case studies will be taken from the Isle of Dogs in Tower Hamlets (Nixon & Hunter, 1999), from Scotland (Scott and Parkey, 1998), from nation-wide studies (Nixon & Hunter. 2001), and the British Medical Journal (Scott, 2001), amongst others. I have refined my research sources to be more dependent on case studies and journal articles as opposed to other forms of data collection. This is because this specific dissertation is looking for detailed analyses of projects that have combated anti-social behaviour disputes, as opposed to general information, or the views of certain people. I have also devised a questionnaire that I will put forward to a representative sample of 50 Isle of Dogs residents. The questionnaire will not form a significant part of my research, as I will be relying heavily on the case studies. However the results of the questionnaires will be used to back up, or refute, the arguments that I will be presenting in my dissertation. The questions that I will put forward to interviewees are as follows: Questionnaire. What type of incidents would you describe as anti-social neighbour disputes? How big an issue would you rate anti-social neighbour disputes within the Isle of Dogs on a scale of 1 – 10? (1 being not significant and 10 being an extremely big issue) Do you feel that the Isle of Dogs has an above national average level of anti-social neighbour disputes? What do you think is the best method to prevent neighbour disputes concerning adults? * Punish the parents after several warnings * Punish the parents immediately * Give the children extensive social worker attention * Put the child and parent through a psychologically designed training programme on how to behave. * Or other, or a combination of these. If so please explain†¦ Have you been involved in an anti-social neighbour dispute within the last five years? If yes, then ask? (b) Where you an offender or a ‘recipient' of the dispute? I will be asking these questions to the interviewee on a one to one basis and will arrange these interviews by visiting the local Bengali cultural community centre, the local high street, the local cafà ¯Ã‚ ¿Ã‚ ½, and visiting the local benefits agency (dole office). In addition to these sources I will also collect data from reliable websites such as: Regeneration and anti-social behaviour organisations * http://www.crimereduction.gov.uk * http://www.socialexclusionunit.gov.uk * http://www.odpm.gov.uk * http://www.london.gov.uk * http://www.lda.gov.uk * http://www.go-london.gov.uk (Government Office for London) * http://www.englishpartnerships.co.uk * http://www.bura.org.uk (British Urban Regeneration Association) * http://www.cabe.org.uk (Commission for Architecture and Built Environment) * http://www.civictrust.org.uk * http://www.coalfields-regen.org.uk (The Coalfields Regeneration Trust) * http://www.towerhamlets.gov.uk * http://www.cprregeneration.co.uk * http://www.dta.org.uk/index2.html (Development Trusts Association) * http://www.europa.eu.int * http://www.idea.gov.uk (Improvement and Development Agency) * http://www.renewal.net * http://www.urcs-online.co.uk (Urban Regeneration Companies (URC's)) * http://bmj.bmjjournals.com/cgi/content/full/323/7306/194?maxtoshow=&HITS=10&hits=10&RESULTFORMAT=1&author1=Stephen+Scott&andorexacttitle=and&andorexacttitleabs=and&andorexactfulltext=and&searchid=1071092635458_16583&stored_search=&FIRSTINDEX=0&sortspec=relevance&resourcetype=1,2,3,4,10

Free Fraction Worksheets and Printables

Free Cash Flow and Total Value - 1218 Words

1 – Methodological Approach In this case, American CC – the intended acquirer of AirThread Connections- will use leveraged buyout (LBO) model, which means the company will finance the acquisition through bank loan or some other borrowing methods. Hence, the debt-to-equity ratio will change in time. Since we will need to estimate the discount rate any time the capital structure changes, neither WACC nor APV would be reliable alone. Therefore, Ms. Zhang should use the combination of WACC and APV methods. As stated above, ACC will use the Leverage buy out (LBO) approach, which means that the debt to equity ratio of AirThread will not be the same from 2008 to 2012, so APV approach would be more suitable to valuate the cash flows between†¦show more content†¦When we add the results to present value of free cash flow between 2008 to 2012, we will reach to the value of AirThread before considering synergies. To calculate the present value of tax shields we should determine the discount rate. Since we are of the opinion that the future tax shields are positively correlated with AirThread’s operating conditions, we assume discount rate for tax shield should be the unlevered asset return which is 7.8%. The calculation of the PV of tax shield is as follows : 2008 2009 2010 2011 2012 Interest expense (as usual) 80 80 80 80 80 Interest expense on acquisition loan 199 183 166 148 128 Total Interest expense 279 263 246 228 208 Tax shield 111.77 105.23 98.32 91.02 83.31 PV of tax shield 103.68 90.55 78.48 67.40 57.23 Sum of PV tax shield 397.35 For calculation of the present value of Equity in Affiliates, we use the market multiple approach given as 19.1x. Therefore, AirThread’s stake in affiliates is worth around 19.1 x $90 = 1,719 million. Consequently, if we calculate the total value of AirThread before synergies; Operating Assets $Million Baseline business value 2008-2012 873.99 Terminal value 5,198.46 PV of tax shield 397.348 Non-operating Assets PV of equity in affiliate earnings 1719 TotalShow MoreRelatedWorking Capital Simulation : Managing Growth Assignment1454 Words   |  6 Pageswithin the company. Atlantic Wellness is a company that deals with the health food industry. By acquiring Atlantic Wellness, Sunflower Nutraceuticals can create changes such as sale increase, changes in the area of EBIT, net income, free cash flow as well as total value. Sale Increase The expansion of the business can be done by acquiring new customers. With this expansion it is expected for the company to generate higher revenues. Part of the expectations is an increase of $4,000,000 each year forRead MoreAirthread Connections1019 Words   |  5 PagesCapital) - When we are supposed to value AirThread Connections with the WACC valuation method we will have to use the following steps: * Determine the unlevered free cash flows of the investment. * Compute the weighted average cost of capital with the following formula: * Compute the value with leverage, VL, by discounting the free cash flows of the investment using the WACC. APV (Adjusted Present Value) – This method involves determining the value of a levered investment using theRead MoreIntrinsic Value Of The Cvs Health Corporation1058 Words   |  5 Pagesanalysis I will attempt to calculate the intrinsic value of the CVS Health Corporation by conducting a two-stage DCF company-level valuation analysis, I will compare my results to the current market capitalization of the company as shown on the Yahoo Finance web page. Finally, I will perform a sensitivity analysis using variables such as free cash flow, terminal growth rate and WACC. Calculate intrinsic Value of your Company: Discount cash flow method This is an important valuation method usedRead MoreCalculating Terminal Value1047 Words   |  5 PagesTerminal Value Having estimated the free cash flow produced over the forecast period, we need to come up with a reasonable idea of the value of the company s cash flows after that period - when the company has settled into middle-age and maturity. Remember, if we didn t include the value of long-term future cash flows, we would have to assume that the company stopped operating at the end of the five-year projection period. The trouble is that it gets more difficult to forecast cash flows over timeRead MoreSampa Video Case704 Words   |  3 PagesSampa Video Solution Discussion Sampa Video Case This case is useful for illustrating how we do NPV analysis when cash flows are risky, illustrating the idea of a terminal value, and also for thinking about what kinds of advantages make for positive NPV projects. The case discusses Sampa Video, the second largest chain of video rental stores in the greater Boston area, and their consideration of an expansion into an online market. What we have to do is evaluate the decision. Sampa Video –Read MoreEssay on Calaveras Vineyards739 Words   |  3 PagesTo: Dr. Lynna Martinez Subject: Calaveras Vineyards Valuation As per your request, my associates and I have calculated a valuation for Calaveras Vineyards using the present value of cash flows. We used the valuation of future cash flows method in order to value to value the company. We have come to the conclusion, based on a number of future projections, that the best valuation of the vineyards is $4,356,000 in assets and $1,104,000 in equity. The process at determining this valuation was asRead MoreFianance756 Words   |  4 PagesCalculated * Net Operating Working Capital * Total Working Capital * Net Operating Profit after Taxes * Free Cash Flows * Market Value Added Net Operating Working Capital = Current Assets – Current Liabilities Rupee (000) | 2011 | 2010 | 2009 | Current Assets | 3262718 | 1779477 | 2143328 | Current Liabilities | (3731902) | (2128504) | (2343211) | Net Operating Working Capital | 6994620 | 3907981 | 4486539 | Total Working Capital = Net Operating Working Capital + OperatingRead MoreBenefits Of Selling And Administration Expenses1092 Words   |  5 Pagesworking capital on projected cash flow. Assume noncontrolling interest will maintain last year’s rate. ïÆ'Ëœ Discounted cash flow The discounted cash flow model focus on generating the unlevered free cash flow in next projected years and discount them using weighted average cost of capital. First, the free cash flow to the firm is the after-tax cash flow generated by the firm’s operations, net of investments in capital, and net working capital. It includes cash flows available to both debt and equityRead MoreJet Blue Case Ipo1175 Words   |  5 Pagesin control of management and is expensive. There are Free Cash Flow techniques and relative valuation techniques that we can use to value Jetblue’s share, however we are going to use the Free Cash Flow technique for this case as this is an IPO and the company had no history whatsoever that we can rely on except by using its similar competitor statistics and assumptions to value Jetblue. In conclusion, we have calculated that using Free Cash Flow technique, the share price is $57 and therefore theRead MoreDcf Analysis598 Words   |  3 PagesDCF analysis The value of a company today, based on how much money it’s going to make in the future Dividend discount model (DDM) Free cash flow to equity – determine the fair value of companies One must consider * Future sales growth, profit margins * Discount rate – depends on a risk-free interest rate 1. Forecast period amp; forecasting revenue growth * How far we should project cash flows * Excessive return period * One can guess based on the company’s competitive

How Is The Birth Control Being Funded - 2175 Words

Case 1 A 30-year-old woman who has never been pregnant comes for her annual examination. She currently desires birth control, but plans to become pregnant 1 to 2 years from now. She has no history of significant medical illness. Her body mass index is 23 kg/m2, and she takes no medications. 1: What additional information would be useful prior to discussing a contraceptive plan with your client? - What is your usual blood pressure and how often do you check it or have it checked? - When did your last menstrual cycle start? - Do you smoke? - Do you have religious or cultural beliefs regarding contraception? - Do you have reservations regarding any particular type of contraception? - Do you have a preference for any type of contraception? - How is the birth control being funded? - Have you been tested and do you require protection from STDs? - Do you have depression, lupus, irregular periods, gastrointestinal disorders, or history of surgery? - Have you had a pap smear in the past year? - Do you have any allergies? - What are your concerns regarding birth control? - Have you ever had an abortion or been told that you have anatomical structural abnormalities of the vagina, cervix, or uterus? - Have you ever had a blood clot in your lungs or legs? - What is your occupation? Are you sedentary at work? - Have you ever tried a birth control method in the past? Did that method work for you? - Do you get frequent migraines or headaches? -Do you have any family history of breast orShow MoreRelatedGendered Politics Project : Women And Healthcare1278 Words   |  6 PagesParenthood, and whether or not birth control should be included in insurance and/or provided by healthcare agencies or employers. Planned Parenthood has been getting attacked because of people who do not believe abortion is a morally conscious decision. Planned Parenthood helps women who are unable to afford the care they need while pregnant, teaches safe sex, and provides adequate health care to mean and women in general. Being able to obtain and use birth control is essential for women’s healthRead MoreThe Debate Over Birth Control1251 Words   |  6 Pages1900’s, and is showing no signs of being solved anytime soon. Currently, the argument surrounding birth control is whether or not the government should be providing it at little to no cost for those who cannot afford it. It is hard to argue that spreading education and information a bout contraceptives isn’t important, however people can argue about placing government funds behind it until they’re blue in the face. We owe much of what we know about birth control to Margaret Sanger. Margaret SangerRead MoreEvaluation Of Philosophical And Sociological Underpinnings Within Australian Maternity Services1174 Words   |  5 Pagesdominant themes were incorporated. This paper reports on the findings of â€Å"Preparing for birth†, â€Å"Birth expectation barriers and emasculation of midwifery† and finally the â€Å"Trajectory of Australian Health Policies†. KEYWORDS: Maternity Services; Review; Midwives; Homebirth; Medicare; Insurance; Funding; Continuity of care Preparing for birth Australia may be one of the safest countries in the world to give birth in, but it is far from reaching the needs of consumers (Dahlen, et al., 2011, p. 21).Read MoreToday In 2017 The Rate Of Unplanned Pregnancies Has Decreased1124 Words   |  5 Pagessignificantly from years ago, but currently there is no progress being made. In Michigan, according to the National Campaign to Prevent Teen and Unplanned Pregnancies, the number of accidental pregnancies in girls aging from 15-19 is, 19.4 births for every 1,000 girls or 1 in 4 probability. Michigan is also nationally ranked 21 out of 50 states in teen pregnancy rate, this information verifies that some of the current measures that are being taken are working because the numbers are not higher, but thereRead MoreThe Importance Of Planned Parenthood1459 Words   |  6 Pageswomen across the country, they turn to Planned Parenthood who not only deals with pregnancy but also is resource in birth control, informative about sexual health but STD testing, screenings (â€Å"Sexual Health Topic†). April 14th of 2017, President Trump has signed a law targeting to defund Planned parenthood ( Davis, Julie Hirschfeld). Planned Parenthood should be continued to be funded by the government as giving the safest service for a citizens sexual health is critical. Planned Parenthood can provideRead MoreEffects Of Birth Control On Children1719 Words   |  7 PagesAccutane, flu shots, Prozac, and birth control. One of the most common of these drugs is birth control. Birth control is a drug that may be used in various ways. It is mainly taken to prevent pregnancy, make menstrual cycles lighter and more regular, and help prevent or treat certain diseases or conditions. Birth control may also cause women to encounter side effects like nausea, headaches, weight gain or loss, or mood swings. Despite these side effects, birth control is a very effective and beneficialRead MoreShould The Government Defund Planned Parenthood?1693 Words   |  7 PagesShould the Government Defund Planned Parenthood? About a century ago, a small birth-control clinic was opened by Margaret Sanger in Brooklyn, New York. Women and families travelled to this clinic to learn about contraceptives and the perils of self-administered abortions. This was unheard of at the time, to teach a woman how to stop pregnancy in a world where the highest aspiration of a woman was supposed to become a mother. However, very soon after this clinic opened, Sanger was put incarceratedRead MoreChina And The Implementation Of Pinyin1646 Words   |  7 Pagesfirst-born children in 1979. Like today, China was dealing with many social, economic, and environmental problems. Pinyin was a response to â€Å"alleviate† these problems. Chinese authorities claimed that pinyin has prevented around 250 to 300 million births from the time of its implementation in 1979 to the year 2010(SOURE CITATION). There is still controversy within and outside of china for use of this policy. Because of the manner that policy was carried out. Also, questions of morality and socialRead MoreThe Debate Concerning Stem Cell Research Essay1114 Words   |  5 Pageshave the potential to produce treatments to save many lives, it can give us a lot of knowledge in the areas of health, and it will improve the quality of life of people who have debilitating diseases; therefore stem cell research should be federally funded. In the medical field, scientists have spent years trying to find cures for many diseases and disorders. Stem cell research can give science breakthroughs that may cure many of those diseases that scientists spend years trying to find cures for.Read MoreLets Talk About Sex Education Essay1571 Words   |  7 Pagesallowing them to drive without being taught. This choice of not allowing comprehensive sex education is schools is dangerous and can have life long consequences. These consequences will not only affect the individual but can ultimately affect America. It is vital for Americans to begin giving their youth the education that is needed. Pre-teenagers and teenagers are having sexual intercourse or participating in other sexual acts. According to the Center of Disease Control in 2009 46% of students have

Immigration Problem in Istanbul Free Essays

The immigration problem has always been one of the most important debated issues in Turkey, especially after1950s. It makes big cities more crowded and it also brings many problems together. These problems include economic, social, and environmental issues. We will write a custom essay sample on Immigration Problem in Istanbul or any similar topic only for you Order Now Particularly Istanbul is in a great danger with the huge rate of immigration it takes. The city has not enough area for sheltering its continuous growing population as it has not also enough resources to feed them. It is very unhealthy to enlarge as rapidly as Istanbul with immigration because it brings economic, environmental, and social problems. Istanbul is the most urbanized and crowded city of Turkey. For almost 20 years, it takes internal migration with its economic and social opportunities; therefore, the city, which becomes one of the urbanized cities around the world, grows in an uncontrolled manner day by day. The population of Istanbul, which was not even 1 million in 1950, is now over 14 million. After a rapid industrialization, a high level of immigration is normal and unavoidable for cities and it has some advantages as providing labor force but the migration to Istanbul get over the limits. According to Istanbul Governorship’s data, over 62% of people who live in Istanbul were born outside of the city. Since it is common that Turkish families are crowded, most of immigrant families have more than two children generally. This year, the prime minister of Turkey, Tayyip Erdogan advised the community to make at least three children in order to protect the nation’s young population, at the time of his speech about International Women’s day. The elite class of Turkey may not affected by these events but the rural side of Turkey, and the lower class of the cities, mostly immigrants are influenced by the people whom they see as their idol. According to the high fertility factor, the native Istanbul population has become a minority in their homeland (Erman 541). It causes many identity problems beside its social and economic aspect. The mass migration to Istanbul caused economic problems such as inadequate shelter and unemployment. In â€Å"The Human Declaration on Human Settlements†, it is underlined that deterioration of conditions of shelter and human settlements particularly in developing countries has reached crisis proportion (591). As we know that Turkey is a developing country with its industrializing economy, the problems as I mentioned above are common in Turkey, especially in urbanized cities. Istanbul, the most industrialized city of Turkey, owns problems related to the excessive population concentration such as homelessness, increasing poverty, unemployment, inadequate resources, lack of basic infrastructure and services (592). Migrants who come to Istanbul for its job opportunities generally belong to the low educated agrarian society. They come to this big city with the dream of being a part of rich and modern urban. However, migrants compose the lower class of Istanbul with their lower education and economic situation. With their inadequate qualifications, they can work in low wage jobs. The squatter settlements issue begins with this problem. People who can’t earn enough money to buy or rent apartments they live in squatter settlements. Moreover, the other side of Istanbul, the welfare class which manage the industry becomes richer continuously. Because of this dual economy in Istanbul as all other urbanized cities in third world countries, the difference, and consequently the tension between rich and poor increase continuously. The labor class, which works hard, however cannot sustain their family become more aggressive day by day. The bloody 1 May (Labor Day) incidents can be explained with the rebel of this class. Crime rate. The mass migration to Istanbul and the rapid social changes occurred in the city caused the problematic issue â€Å"integration† of rural migrants into the urban society (Erman 541). They move into Istanbul, they become physically â€Å"urbanite† but since they cannot accommodate themselves in city life, continuing their rural traditions, they cannot become urbanite socially. They resist changing or they are forced to be an alien. As they live in communes, generally in squatter settlement areas, with the group psychology, they live their own culture as a synthesis of the rural and the urban. As they cannot become an urbanite, they don’t detach their relations with their rural villages and community. The concept of â€Å"hemsericilik† in Turkish language, it means clientalism, became one of the most important characteristics to evaluate a person. Largely, migrants compose the lower class of Istanbul with their lower education level and economical conditions. Their economic situation and their education have a strong correlation. Since their language and qualifications are lower, they cannot find high-wage jobs to increase their economic level. Poverty strengthens the alienation of them. They see the luxurious houses, cars, and lifestyles on the streets or on TV and as they can’t reach this lifestyle by working, they start to search the short way to own this shining life. The growth rate of crime in Istanbul is the result of this desire. How to cite Immigration Problem in Istanbul, Essay examples

Statement And Security Valuation Financial -Myassignmenthelp.Com

Question: Discuss About The Statement And Security Valuation Financial? Answer: Introduction: This report has been prepared to evaluate the financial performance, cash flow position, financial position, profitability, stock price etc of the company. Mainly this report would offer a detail about the cash flow situation of the company and it would also provide details about the betterment of cash flow position of the company. And it would also brief the organization about the investment opportunity of the company. For preparing this recommendation report about investment opportunity and cash flow analysis of the company, financial statement of the company has been analyzed firstly. Then, the study has been done on dividends of the company, operating system of the company etc to evaluate the current market position and internal position of the company. In addition, the study has been done on stock price of the company to evaluate the changes into the market worth of the company and lastly, through evaluating the cash flow analysis of the company, recommendation has been given. Company description: Dominos Pizza Enterprises Ltd is one of the biggest pizza chains in the Australian market in terms of largest franchise, network sales, network store numbers etc. the company is working under food retail industry. It has been founded in 1983 at Springwood, Queensland, Australia. The revenue of the company is Australian dollar 790.866 million in 2016-17. Currently, the company is operating its business in various countries such as France, New Zealand, Australia, Japan, principality of Monaco[1]. Currently, 1900 stores are owned by the company and 26000 people are employed by the company. According to a report, in May, 2005, Dominos Pizza Enterprises Ltd was the first pizza company who has listed in the Australian stock exchange[2]. Purpose of Financial statement analysis: Financial statements are prepared by the companies to offer the information about operations reult, cash flow osition and financial position of the company. The information of the financial statement is used to make decision about the position and the reallocation of the resources of the company. Financial statement analysis is the procedure to evaluate and analyze the financial statement of an organization[3]. The main purpose of financial statement analysis is to evaluate the current and past financial data of the company so that the financial position, cash flow position and profitability level of the company could be evaluated easily and the potential risk of the company could be estimated[4]. Further, the financial statement analysis could yield the valuable information about relationship and trends, strength and weakness of financial position, companys earnings, quality of the company etc. Mainly this process starts with establishing and managing the objectives of financial analysis. Such as, is this analysis is conducted to evaluate the cash position and investment opportunity of the company? After establishing the objectives, data of the financial statement is accumulated from the annual reports or any other source. Further, the results of the financial analysis is summarized, analyzed and interrupted. And thus, the conclusions could be made by the financial analyst[5]. In this report, the process of financial statement analysis is undertaken to evaluate about the relationship and trends, supplies and demands, strength and weakness of financial position, companys earnings, dividends of the company, stock price of the company etc so that a recommendation report could be prepared about the investment opportunity and cash flow position of the company. Firms current operating system: The income statement, cash flow statement and the balance sheet are the main statement of the company which explains about the financial performance and the position of the company. The income statement of the company explains that the current net profit of the company is $ 12,61,47,000 whereas the net profit of the company was $ 91,29,000 in 2006-07. It explains that the total net profit of the company has been enhanced by 1281.83% which explains that the company has achieved a great growth in last 11 years. The total revenue of the company has also been enhanced by 368.15%. It explains that the profitability level of the company is bit higher[6]. Further, the balance sheet of the company has been evaluated. Balance sheet is a Performa which explains about all the assets and liabilities of the company whether they are current or noncurrent. The balance sheet of Dominos Pizza Enterprises Ltd has been evaluated and it has been found that the current assets of the company has been enhanced by 316.27 from 2006-07 to 2016-17. It explains that the company has achieved great increment. Further. It has been found that the total assets of the company has been enhanced by 760.89% from 2006-07 to 2016-17. On the other hand, it has been found that the total liabilities and total stockholders equity of the company has been enhanced by 1013.97% and 518.08% from 2006-07 to 2016-17. The above evaluation explains about the great performance and the position of the company[7]. Further, it explains that the business and the operations of the company have been enhanced and due to it, the company has enhanced the level of the resources. In addition, the cash flow statement of the company has been evaluated. Cash flow statement is a Performa which explains about all the cash inflows and cash outflows of the company whether they are operating cash flow, investing cash flow or financing cash flow. The cash flow statement of Dominos Pizza Enterprises Ltd has been evaluated and it has been found that the cash flow from operating activities of the company has been enhanced by 1804.66% from 2006-07 to 2016-17[8]. It explains that cash level of the company has been increased a lot. Further, it has been found that the total cash flow from investing activities of the company has been enhanced by 283.62% from 2006-07 to 2016-17. On the other hand, it has been found that the total cash flow from financing activities and total cash flow of the company has been enhanced by 1113.77% and 541.75% from 2006-07 to 2016-17. The above evaluation explains about the great performance and the position of the company. Further, it explains t hat the business and the operations of the company have been enhanced and due to it, the company has enhanced the level of the cash to manage the activities and position of the company. Lastly, the demand and supply of the company has been evaluated to identify the performance of the company. It has been evaluated that the demand of the company has been enhanced and the company has tried to meet all the demand of the customers. The report explains that the pizza demand has been increased on greater basis and Dominos has grabbed this opportunity and thus the profit of the company has been enhanced[9]. Further, it has been found that the price elasticity demand of the company is elastic as the sales of the company have been enhanced by 45% but the price has been decreased only by 18%[10]. Dividend valuation: Dividend valuation is an important step to evaluate the performance and the position of the company. For evaluating the dividend of the company, discounted dividend valuation model has been used. This model takes the concern of dividend, growth, required rate of return etc and assists the company to make a better decision about the performance of the company. The dividend valuation model of the company briefs that the financial position and the market position of the company is quite strong[11]. It is performing well in the market and the current situation of the company explains that the value of the stock of the company should be $ 71.49%. Following is the calculations of DDM of the company: Currency Franked % Dividend Ex Date Books Close Date Pay Date Growth rate AUD 50.00 21/08/2017 22/08/2017 06/09/2017 15.72% AUD 50.00 21/02/2017 22/02/2017 09/03/2017 AUD 70.00 22/08/2016 23/08/2016 07/09/2016 42.65% AUD 70.00 25/02/2016 29/02/2016 15/03/2016 AUD 100.00 21/08/2015 25/08/2015 11/09/2015 43.16% AUD 100.00 19/02/2015 23/02/2015 10/03/2015 AUD 100.00 22/08/2014 26/08/2014 12/09/2014 23.38% AUD 100.00 18/02/2014 24/02/2014 11/03/2014 AUD 100.00 21/08/2013 27/08/2013 13/09/2013 -0.65% AUD 0.00 03/06/2013 07/06/2013 21/06/2013 AUD 100.00 19/02/2013 25/02/2013 12/03/2013 9.93% AUD 0.00 03/12/2012 07/12/2012 21/12/2012 AUD 100.00 22/08/2012 28/08/2012 14/09/2012 22.61% AUD 100.00 21/02/2012 27/02/2012 12/03/2012 AUD 100.00 24/08/2011 30/08/2011 15/09/2011 -2.54% AUD 100.00 22/02/2011 28/02/2011 14/03/2011 AUD 100.00 24/08/2010 30/08/2010 15/09/2010 47.50% AUD 100.00 23/02/2010 01/03/2010 15/03/2010 AUD 100.00 01/09/2009 07/09/2009 21/09/2009 17.65% AUD 100.00 24/02/2009 02/03/2009 20/03/2009 AUD 100.00 02/09/2008 08/09/2008 26/09/2008 0.00% AUD 100.00 26/02/2008 03/03/2008 28/03/2008 AUD 100.00 04/09/2007 10/09/2007 28/09/2007 0.00% AUD 100.00 27/02/2007 05/03/2007 23/03/2007 AUD 100.00 05/09/2006 11/09/2006 29/09/2006 871.43% Calculation of cost of equity (CAPM) RF 4.00% RM 6.00% Beta 0.928 Required rate of return 5.86%[12] It explains that the current stock price of the company should be $ 79.16 which explains that the performance of the company is good. Changes into share prices: Further, the changes into the stock price of the company has been evaluated on the basis of stock price of AORD and it has been found that the position of the company is quite different and stable than the stock price of AORD. Further, it has been found that the position of the company and market capital of the company has not been fluctuated more in last 4 years. The correlation of the stock of both the companies is also lower and explains that the stock price of DMP is not driven by the AORD. According to the above analysis on dividend, stock price and changes into the cash flow of the company, it has been found that the cash flow position of the company has been way better. The performance and the ratio analysis on cash flow statement explains that the cash flow from operating activities of the company has been enhanced by 1804.66% from 2006-07 to 2016-17. It explains that cash level of the company has been increased a lot[14]. Further, it has been found that the total cash flow from investing activities of the company has been enhanced by 283.62% from 2006-07 to 2016-17. On the other hand, it has been found that the total cash flow from financing activities and total cash flow of the company has been enhanced by 1113.77% and 541.75% from 2006-07 to 2016-17. The above evaluation explains about the great performance and the position of the company. Further, it explains that the business and the operations of the company have been enhanced and due to it, the company has en hanced the level of the cash to manage the activities and position of the company[15]. Investment and financial strategy for cash flow position: Thus the above evaluation explains that the current position of the company is way good in the industry. The financial performance, position, stock price, share valuation, dividend valuation etc explains that the stock price of the company has been better. Further, it explains that the company should invest its amount into diversification strategies so that the more market and opportunities could be grabbed by the market and the financial performance of the company could be better[16]. More, it explains that the company should evaluate the investment in the market and must invest into these companies on the basis of its WACC. The current WACC of the company is 4.85% which explains that the IRR of the project should be more than 4.85%. Recommendation: Lastly, the recommendation has been given to the shareholders of the company to maximize the performance and the wealth. Through the analysis on the company, it is recommended to the stockholder of the company that they would make an investment into the current situation of the company. Currently, the stock of the company is undervalued and if the investment is done right now than it would offer long term as well as short term profits to the investors of the company. References: AFMA, 2018. AFMA Policy. viewed Feb 05, 2018, https://afma.com.au/ AFR, 2018, DOMINO'S PIZZA GROUP PLC. viewed Feb 05, 2018, https://www.afr.com/markets/australian-fund-managers-reveal-best-long-and-short-ideas-for-2018-20180104-h0dl94 APRA, 2018. Australian Prudential Regulation Authority. management Feb 05, 2018, https://www.apra.gov.au/Pages/default.aspx ASIC, 2018. Australian securities and investment commission. viewed Feb 05, 2018, https://www.asic.gov.au/ ATO, 2018. Australian taxation office. viewed Feb 05, 2018, https://www.ato.go.au/ G., Brown, R., Easton, S., Howard, P., and S. Pinder. 2012. Business Finance, 12 th edition. Mc-GrawHill, Australia. Home, 2018, DOMINO'S PIZZA GROUP PLC. viewed Feb 05, 2018, https://www.dominos.com.au/ Home, 2018. Australian Stock Exchange. viewed Feb 05, 2018, https://www.asx.com/ Index, 2018. NYSE. viewed Feb 05, 2018, https://www.nyse.com/index London stock exchange, 2018. DOMINO'S PIZZA GROUP PLC. viewed Feb 05, 2018, https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BYN59130GBGBXSTMM.html?lang=en Penman, S.H., 2010. Financial Statement and Security Valuation. Fourth Edition, McGraw-Hill. Peirson, Pike, R. And B. Neale, 2009, Corporate Finance and Investment: Decisions and Strategies, 6th edition, Financial Times Prentice Hall, Limited. Viney, C., 2009. McGraths Financial Institutions, Instruments and Markets, 6th edition, McGrawHill, Australia.