Americans see through Hitlers games - Free Essay Example

Sample details Pages: 2 Words: 520 Downloads: 9 Date added: 2019/07/01 Category People Essay Level High school Tags: Adolf Hitler Essay Did you like this example? Many Americans had their own opinions of Hitler in the beginning stages of the Olympics. Some thought very highly of him, such as Karl von Wiegand, a Hearst correspondent who was the first American journalist to interview Hitler in 1922. Wiegand reports that he was struck by Hitlers skill with words, and his ability to whip people into a frenzy. Don’t waste time! Our writers will create an original "Americans see through Hitlers games" essay for you Create order Other Americans opinions were not so favored in Germany. People would meet him and claim, This guy is a clown. Hes like a caricature of himself. Many civilians believed that even if Hitler was able to rise to a place of power, somehow other politicians would be able to control the actions he made. Although after Hitler gained so much popularity everyone began to reassess their former claims. These opinions did not stop Hitler from gaining power in followers, leading him to become chancellor. After Hitler won the election, and he started making questionable decisions, appropriately people started questioning his actions. There were not much the civilians could do to stop him because the Nazi era was already underway. Hitler was elected chancellor in 1933 and had 3 years to establish a strong base of his inhuman plan for the Holocaust before he offered to host the 1936 Olympics to gain popularity. While the Olympic Games provided a platform to boots their adoration it also proved as a struggle to temporarily downplay the various racial policies as well as their repressive actions aimed at the Jewish. The Nazis may have done a decent job at hiding away the undesired but some Americans saw through the charade and tried to warn others. One of these men was Edgar Mowrer, the Chicago Daily News correspondent. He was a very lucky man to have a platform to voice his concern. He wrote in one of his articles, What hes (Hitler) saying about the Jews is serious. Dont underestimate him. The 1936 Olympics were more than just a worldwide sporting event, it was a show of Nazi propaganda, stirring significant conflict. The Nazis promoted an image of a new, strong, and united Germany while masking the regimeâ€⠄¢s targeting of Jews and other minority groups. And for two weeks in August, Hitlers Nazi dictatorship camouflaged its racist, militaristic character while hosting the Summer Olympics. He was also able to hide his plans for territorial expansion, the regime exploited the Games. He was able to provide many foreign spectators and journalists with an image of a peaceful, tolerant Germany witch, in reality, was quite the opposite. Off the Olympics field, the truth about what the Nazis were doing was hard to miss, the newspaper didn’t stop printing about what was really going on in the streets of Germany. It was not necessarily a secret, but Hitler did his best to hide away anyone that did not make the Arian race look superb. By 1936 Germany’s Jews were stripped of their civil rights such as citizenships along with the fact that Germany had already opened their first concentration camp. By this time most knew there was some sort of uprising going on, but a lot of people were very naive.

Poverty Of The United States - 1408 Words

When people hear the word poverty many people think of the bad connotations that come with it like, smelly homeless people that are crackheads and disease holders. Some people may even think they are uneducated or not hard working enough and rather ask for money instead of trying to get a job. Although a small portion of that may be true to some homeless people due to addictions on drugs and the toll it takes on their lives. The majority of homeless people are either veterans or immigrants, who find it difficult to find a job and support themselves or the families they might have. Trying to end poverty in the United States, isn’t a problem that can be solved overnight, but there are steps that can help ease poverty and the images and ideas†¦show more content†¦I was stunned to see a SNAP card in such a beautiful home, at first I was taken back but then I thought to myself well maybe he is going to school and his parents, although wealthy, may be showing him some form of tough love. Then I soon realized it was not just him it was his whole family receiving these benefits. The most gut wrenching thing about this whole situation, is to see the wealth these people have, and the new Range Rover the son just brought. Yet still asking and taking advantage of such a wonderful program designed to help those in poverty. In an internet article Food Stamp Fraud by Amy Gomez, a student attending Moreno Valley College, interviews people who are struggling and their thoughts about the system. Amy interviews Maria Elizabeth Villalpando, a student attending UCR and states how she was not able to receive food stamps benefits due to her parent’s income. As Amy interviewed Mary she states that her brother, David, has friends who live in the apartments a block away,and sell their food stamp card in exchange for money. â€Å"My friends will call me every couple of months and ask if I want to use the card, David Villalpando said. As the articles goes on a cas hier from Stater bros, Angeline Gonzalez claims to see food stamp fraud almost every day. I work so hard to barley get by, at times it s so frustrating to see people take advantage of these cards and sell them on the street, Gonzalez said. Many people who are on welfare have been seen drivingShow MoreRelatedThe Poverty Of The United States1727 Words   |  7 PagesPoverty defined by the American Heritage Dictionary is â€Å"lack of the means of providing material needs or comforts† (Hirokazu Yoshikawa, 2012). Poverty in the United States is an issue that is often times overlooked because the focus of poverty is on developing and struggling countries. People often think America does not experience poverty because it is such a thriving country. The problem with this is that America is indeed struggling with poverty: â€Å"there are currently 488 counties in America whereRead MoreThe Poverty Of The United States1548 Words   |  7 Pagescitizens in poverty has risen. Several organizations have been set up to help those who suffer from poverty and provide their everyday needs. There are always ways where a community can help eliminate the amount of people suffering poverty. Government has an influence on how much money flow there is in the United States such as the FED, which was created to help maintain a stable monetary and financial system and control the money supply. People themselves can also help from falling into poverty, butRead MorePoverty in the United States755 Words   |  4 PagesPoverty in the United States is getting in inferior quality every day and nothing is being done about it. Many people who want to help the poor, but no one knows exactly how to help them. A primary reason for people not taking action is because of lack of information that is provided about issues on poverty. Poverty is defined as the state of one who lacks a usual or socially acceptable amount of money or material possessions. According to the U.S. Census Bure au data released Tuesday September 13thRead MoreThe Poverty Of The United States Essay1385 Words   |  6 Pages The Character of Poverty in America Poverty has always been a key factor in United States History. Ever sense Americas birth there have been groups affected by poverty, but the forms of the poverty that affected these groups have changed as well as the nature of poverty itself in the USA. The abolition of slavery, the forced assimilation of native Americans, and mass immigration changed character of poverty within the united states change due to an evolution from agriculture to industry and a changeRead MorePoverty Of The United States Essay1369 Words   |  6 PagesPoverty within the United States is defined as â€Å"having an income below a federally determined poverty threshold. † Poverty thresholds were developed by the United States government in the 60s. Over time these thresholds are adjusted to account for inflation; it is typical to adjust the poverty threshold levels annually. They represent the government’s estimate of the point below which a family has insufficient resources to meet their b asic needs. Any family with less income than that establishedRead MoreThe Poverty Of The United States1531 Words   |  7 Pagessuch dialog, topics on the increasing and rather consistent levels of poverty in some regions in America are touched on as well. Poverty is defined as a condition where one’s basics needs for food, clothing, and shelter are not being met (What Is Poverty? â€Å"). From sea to shining sea, more than 15 percent of the American population live in poverty, a total of people over 46 million. Many who live in poverty within the United States live in areas that were once thriving from the country’s economic growthRead MoreThe Poverty Of The United States1746 Words   |  7 PagesWhat is poverty? A question most Americans will not have to think twice before answering. Poverty is, of course, simply a lack of money. The views of a specific person will defer when politics or morals are introduced, however, the idea stays the same. Those in poverty are there because they have less money than what has been decided to be livable. Poverty has changed significantly over the last two hundred years in the United States, and yet, the measurement has hardly changed since it was createdRead MorePoverty Of The United States1475 Words   |  6 Pages â€Æ' Poverty in the United States is defined as a social problem. As outlined in the text, a social problem is â€Å"a condition that undermines the well-being of some or all members of a society and is usually a matter of public controversy†. It is easy to see that there is a large economic divide in the United States, but with only a small percentage of people in the highest income stratification and the vast majority struggling to get by, the majority of United States citizens agree that there is tooRead MorePoverty in the United States1061 Words   |  5 PagesThe Background of Poverty in America In the United States, there are about more than forty-six million people living in impoverished conditions today. Poverty is a major conflict issue in this country amongst people who are part of the lower class because American families always had a hard time making ends meet, even before the Great Recession began. Living in poverty puts them at a disadvantage because they have to choose between necessitates like health care, child care, and food in order toRead MorePoverty Of The United States1529 Words   |  7 PagesPoverty is an important issue in the United States. In fact, child poverty in the US is at its highest point in 20 years. [Flores Lesley, 2014] The poor are at a disadvantage, because they have an unfulfilled right to a good education. A majority of children attending public schools come from low-income families. It is hypothesized that a low household income correlates with poor achievement in school. A solution to poverty is for everyone to have a good educati on so everyone can be equally

Leadership People Management Organizations -Myassignmenthelp.Com

Question: Discuss About The Leadership People Management Organizations? Answer: Introduction: Leadership can be defined as the ability to guide, support, inspire and motivate a group of different people working within a team. In an organisational perspective, the leaders are supposed to guide the vast group of workers of the team through their job responsibilities and performance management and achieve the primary mission and vision set by the organization. Along with that, it has to be mentioned as well that the leaders in the present organizational scenario are not just required to guide the individuals to make use of the different opportunities presented to the corporate entity and increase the performance and productivity. The present day leaders are required to overcome conflict, both personal and professional, in between a diverse group of different individuals who belong to different backgrounds and domains (Avolio and Yammarino 2013). According to the Farndale, Scullion and Sparrow (2010), the responsibilities of a leader are to play the part of co-ordination and balance in an organization. Given the present situation in the corporate leadership, the importance of a leader who is able to provide co-ordination guidance is optimal. However, it has to be mentioned in this context that performing all these attributes effectively requires the ability to manage a variety of different people, their actions and responses. However, there are various challenges and complications that have the potential to complicate the functions of an organizational leader; which only effective and successful people management skills can achieve. This essay will attempt to reflect on the link between organizational leadership and people management, and if the combination of both can overcome the present day organizational challenges effectively. Key elements of leadership and people management: Leadership can be described as one of the most core elements within the organizational hierarchy that facilitates everything related to performance and productivity in the organization and that is the reason, there are multitudes of different attributes that are needed to be able to play the role of an organizational leader effectively. First and foremost, the most important element in the leadership context is the motivation and inspiration, which is by far the most important aspect of leadership when it comes to corporate organizations. According to the Mendenhall et al. (2017), there are various challenges that an employee has to overcome on a daily basis, the growing competition as well provides extreme complexities and can easily demotivate the employees. In here the organizational leaders are the heroes for the employee by providing them guidance and support in what they have to perform and how they can handle these setbacks. It has to be understood that in case of the multinational organizational sectors, which is currently the most popular corporate setting, there are a vast variety of professional working within or in between a team, where the performance of one individual is related with another in an interdependent manner. There can be various conflicts arising in such a professional setting due to the presence of either interpersonal conflict or performance related issues. Regardless of the nature of the issue, an organizational leader has to overcome those internal conflicts and hence active people management has to be a skill that the leaders need to harbor in their armour. The importance of organizational leadership is even far stretching to supervising and empowering the followers so that they can find the confidence within themselves and can successfully overcome any organizational challenge. Along with that, change is constant in a corporate sector; and according to the Northouse (2015), chang e and resistance management is by far the most crucial leadership attribute in the present age. Considering the present global perspective of leadership, authors have commented on the need for extreme leadership that involves proactive risk taking and adequate risk management. Hence, the need for active risk management and resistance management is crucial if the leader is attempting to make the most of all the opportunities provided to him (Osland, Bird and Oddou 2012). Contextual factors and their impact: In the present situation of global perspectives it has been very clear that the needs of globalization or internationalization of an organization depends heavily upon the organizational leaders of the company and how they can effectively lead and guide the organization through the process of the expansion. In the path of this massive change, many obstacles and hurdles can complicate the process of success through the path of internationalization, and can create doubts and lack of confidence in the staff, which can eventually affect their performance and loyalty towards the organization. This is the main challenge that the present day organizational leaders have the face the most. It has to be understood in this context that the competition is the key facilitating variable governing the dynamic economy, and as a result, each of the corporate sector has to go through a constant cycle of change and improvement to keep the customers optimally satisfied and interested (Parris and Peachey 2013). However, as explained by Raelin (2011), the process of change is associated with restrictions and resistance both in the internal and external environment of the corporate entity, and in order to overcome the friction, the leaders have to employ effective and successful change management. However, it has to be mentioned in this context that change management is only successfully when the entire team complies to the procedure spontaneously, which can never be possible with the varieties of different conflicts and issue in the multicultural and diverse workforce. On a more elaborative note, the most important of these barriers is the cultural conflict. In case of any internationalising organization, among the diverse workforce in terms of both culture and professional competence, the conflicts like cultural insensitivity, incompetence, and miscommunication are the most common challenges that interrupt the work flow and affect the productivity or performance of the staff (Schein 2010). Another very important challenge that demands efficient people management from the leaders is the fact that gender diversity and discrimination is still has a profound impact on the organizational context. In addition, in the corporate world the deserving women are still treated as below their male counterparts and that is the reason of major miscommunication and internal conflict in the corporate sector. Along with that, it has to be mentioned that leaders are the only facilitator of incorporating sustainability and balance into the organization and securing a prosperous and productive future for the organization, and all these challenges and obstacles in the present day corporate scenario has made an organizational leader with apt people management skills quintessential (Tarique and Schuler 2010). Leadership theories and people management: There are many leadership theories that emphasize on the link between people management and adequate organizational leadership attributes. For instance, taking the assistance of the most pioneer leadership theory, the trait or behavioural theory of leadership entails that the leaders are born with a few qualities that help them guide, motivate and manage the performance, competence and response of the group (Kark and Shamir 2013). In this charismatic interpretation of leaders, the theory emphasizes that the most efficient leaders are focused on people not on tasks that the people are going to perform. The second theory under discussion is the more contemporary addition to the leadership theories, are the transformational and transactional leadership theory, where both of the theories take two different kinds of people management. In case of the transactional leadership approach, the leaders take up a reward and punishment take to the manag9ng the performance and productivity of the p eople working under them and in case of transformational leadership the leader attempts to employ a positivity based vision to the followers and inspire them to perform better. In both of the leadership theories, people management attempted by the leaders are antagonistic to each other; where a transactional leader attempts to a system of rewards and punishment, a transformational leader adapts the system of motivation and optimism (Wheatley 2011). The theory of democratic leadership is completely people focussed on the other hand and in this approach, the leader shares the autonomy of decision-making with the rest of the team members so that each and every member of the team has equal rights to voice their opinion and have equal standing. Real world example: Considering the real world examples, the CEO of Sony had the responsibility to revolutionalize the company and its marketing statistics completely. The task of reverting it to its former position in the league of market domination, it had been a great challenge for Howard Stringer as a new leader. Moreover, in case of internationalization of the business, the CEO received extreme challenges in expanding in Japan. However, the approach that the leader has taken was very much alike the transformational approach. Where Stringer attempted to change the viewers perception and vision regarding the brand, and attempt complete rebranding of its products and in order to successfully manage the change the leader took the transformational leadership and had been more than successful (Steers, Sanchez-Runde and Nardon 2012). Conclusion: On a concluding note, it can be stated that each of the leadership approaches have their own pros and cons and the relevance of using a particular approach depends completely on the situation and its demands from the leaders. However, the link of organizational leadership with people management is represented in all of the modern leadership styles. Although it has to be mentioned that the leadership needs for this age is sought with many challenges and obstacles and in order to overcome these challenges the leaders have to take help from transformational or democratic leadership styles, where the inspirational mode of people management is to be taken to ensure optimal performance and productivity. References: Avolio, B.J. and Yammarino, F.J. eds., 2013. Introduction to, and overview of, transformational and charismatic leadership. InTransformational and Charismatic Leadership: The Road Ahead 10th Anniversary Edition(pp. xxvii-xxxiii). Emerald Group Publishing Limited. Farndale, E., Scullion, H. and Sparrow, P., 2010. The role of the corporate HR function in global talent management.Journal of world business,45(2), pp.161-168. Kark, R. and Shamir, B., 2013. The dual effect of transformational leadership: Priming relational and collective selves and further effects on followers. InTransformational and Charismatic Leadership: The Road Ahead 10th Anniversary Edition(pp. 77-101). Emerald Group Publishing Limited. Mendenhall, M.E., Osland, J., Bird, A., Oddou, G.R., Stevens, M.J., Maznevski, M.L. and Stahl, G.K. eds., 2017.Global leadership: Research, practice, and development. Routledge. Northouse, P.G., 2015.Leadership: Theory and practice. Sage publications. Osland, J.S., Bird, A. and Oddou, G., 2012. The context of expert global leadership. InAdvances in global leadership(pp. 107-124). Emerald Group Publishing Limited. Parris, D.L. and Peachey, J.W., 2013. A systematic literature review of servant leadership theory in organizational contexts.Journal of business ethics,113(3), pp.377-393. Raelin, J., 2011. From leadership-as-practice to leaderful practice.Leadership,7(2), pp.195-211. Schein, E.H., 2010.Organizational culture and leadership(Vol. 2). John Wiley Sons. Steers, R.M., Sanchez-Runde, C. and Nardon, L., 2012. Leadership in a global context: New directions in research and theory development.Journal of World Business,47(4), pp.479-482. Tarique, I. and Schuler, R.S., 2010. Global talent management: Literature review, integrative framework, and suggestions for further research.Journal of world business,45(2), pp.122-133. Wheatley, M., 2011.Leadership and the new science: Discovering order in a chaotic world. ReadHowYouWant. com.

Analysis The Financial Statment Of Tesco And Next PLC Company

Question: Describe about performance, ratio analysis and Non Financial Performance of the Tesco and Next plc company? Answer: Introduction According to the overall analysis of the financial statement analysis of the companies Tesco and Next plc are listed over the London stock exchange. There are certain criteria after analysis of those we can easily identify the current market performance of both the companies Tesco plc and Next plc (Fridson and Alvarez, 2011). Next plc is an UK based company which is based on the certain criteria of the organization. The company generally deals with the household products like cloths, footwear, accessories and home products. There are 500 stores in the different countries in all around the world. As per the based on the market performance the company next plc is performing well in the market as company is having huge number of customer base. After the overall analysis of the stock performance of the next plc company is performing well in the market. The revenue of the company Tesco plc is around 62,284 million as Tesco Company has been declined due certain market impact on the business strategies of the company is showing that company is reducing -2.40% every year. The revenue growth rate of the company Tesco is also declined by -1.10% whereas in the last 10 years average revenue share data shows that company is growing with the rate of 11.80% every year. For next plc company revenue is around 4000 million whereas the revenue of the company is around 13.66 million. As per the growth rate of the company next plc which is showing that company is growing with the different abilities where the organization i s growing in next 10 years. The average revenue growth of the company is growing by 10% every year of the growth rate 8.70% which is approx showing that average revenue per share growth of the company is around 8.10% respectively. Performance As per the annual report of the company Tesco, it is seen that the revenue growth has decreased from 2012 to 2013 and has increased from the 2013 to 2014. The revenue growth rates of Tesco are -0.80% in 2013 and 0.24% in 2014 (Bekaert Hodrick, 2009). In case of the company Next Plc, the revenue growth rates are 3.54% in 2013 and 4.97% in 2014. So, the growth rate of revenue of Next Plc is improving. The following graphs shows the revenues and growth of both companies. Chart 1: Revenues of Tesco Chart2: Growth Rate of Revenues of Tesco Chart 3: Revenues of Next Plc Chart4: Growth Rate of Revenues of Next Plc Ratio Analysis Liquidity ratio Liquidity is the ability of an organization to fulfill the debt obligations of short period. Liquidity ratios determine the present position of an organization to meet the short-term obligation. It also shows how company is efficient to maintain the liquid assets to cover the short-term obligations. (a) Current Ratio Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Current Assets 12,353 12,465 13,085 1,139.9 1,207.8 1,468.1 Current Liabilities 19,180 18,703 20,206 742.4 816 834.5 Current Ratio 0.644056 0.666471 0.64758 1.535426 1.480147 1.759257 Current ratio determines the financial performance of an organization in terms of liquidity. It indicates the ability of an organization to fulfill the sort-term liabilities with available short-term assets. The standard norm of current ratio is 2 or 1. According to the calculation, it is seen that the current ratio of the Tesco is below 1 but it is stable over the period (Eun Resnick, 2009). The current ratios of the Tesco are 0.64, 0.67 and 0.65 in the year of 2012, 2013 and 2014 respectively. On the other side, the current ratios of Next Plc are 1.53, 1.48 and 1.75 in the year of 2012, 2013 and 2013 respectively. The current ratios of Next Plc are greater than 1 and near to 2 and are not stable over the period. It has decreased from 2012 to 2013 and has increased from 2013 to 2014. (b) Quick Ratio Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Current Assets 12,353 12,465 13,085 1,139.9 1,207.8 1,468.1 Current Liabilities 19,180 18,703 20,206 742.4 816 834.5 Inventory 3,598 3,744 3,576 371.9 331.8 385.6 Quick Ratio 0.456465 0.466289 0.470603 1.034483 1.073529 1.297184 Quick ratio of an organization indicates the ability to cover the short-term obligations through utilizing of most liquid assets. The standard norm of quick asset is generally 1. Here, the quick ratios of Tesco are 0.45, 0.46 and 0.47 in the year of 2012, 2013 and 2014 respectively. On the other side, the quick ratios of Next Plc are 1.03, 1.07 and 1.29 in the year of 2012, 2013 and 2014 respectively. The quick ratio of Tesco is below the standard but it is stable over the period (Vance, 2009). In case of Next Plc, the quick ratio covers the standard. So, it can be said that the company Next Plc able to maintain adequate quick assets to cover the short-term obligation. (c) Net Working Capital Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Current Assets 12,353 12,465 13,085 1,139.9 1,207.8 1,468.1 Current Liabilities 19,180 18,703 20,206 742.4 816 834.5 Net Working Capital (6,827) (6,238) (7,121) 398 392 633.6 Net working capital is determined by deducting the current liabilities from the current assets. The net working capital of Tesco is negative. So, it can be said that the company is not efficient to maintain working capital to run operational activities or the company is not maintain adequate level of capital to meet the expenses related with the operational activities (Robinson, 2009). Profitability Ratio Profitability ratio of a company helps to describe the profitability situation of the company. Profitability ratios are very helpful to determine the efficiency and overall performance of an organization. Here, three profitability ratios are selected for the identifying and measuring the profitability situation of the chosen two companies (TESCO and Next Plc). These ratios are explained below: (a) Gross Profit Margin Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Gross profit 5,397 4,089 4,010 1,045.3 1,125.8 1,240.1 Sales 63,916 63,406 63,557 3,441.1 3,562.8 3,740 Gross profit margin 0.084439 0.064489 0.063093 0.303769 0.315987 0.331578 Gross profit margin describes the earning capability of an organization against the costs which are incurred for the producing of product and services. It implies how the company is able to achieve at basic level and how much the organization is efficient to utilize the available resources. It also determines the ability of an organization to maintain and control the costs associated with the production. Gross profit margin helps to measure the manufacturing and distribution efficiency of the company during the production process (Penman, 2010). The higher gross profit margin indicates that organization is more efficient to obtain the profit against each unit of sales. The profitability performance of two companies can also be compared as per the gross profit margin. According to the analysis, it is found that the company Next Plc is more efficient to earn the gross profit than the Tesco. The gross profit margins of Tesco are 8.45%, 6.45% and 6.30% in the year of 2012, 2013 and 2014 respectively. So, it indicates that it is decreasing over the period. On the other side, the gross profit margins of Next Plc are 30.37%, 31.59% and 33.15%. So, the gross profit margin of Next Plc has improved over the period which is good signal for the company. According to the gross profit margin, it can be said that the profitability position of Tesco is poor comparing to the Next Plc. (b) Operating Profit Margin Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Operating profit 4,182 2,382 2,631 601.8 695.1 722.8 Sales 63,916 63,406 63,557 3,441.1 3,562.8 3,740 Operating profit margin 0.06543 0.037567 0.041396 0.174886 0.195099 0.193262 Operating profit margin helps to determine the ability of an organization to earn the profit after incurring the production and operating expenses but before interest expenses and tax. From the calculation, the operation profit margins of the company Tesco are 6.53%, 3.75% and 4.13% in the year of 2012, 2013 and 2014 respectively. On the other side, the operating profit margins of the company Next Plc are 17.48%, 19.50% and 19.32%. As per the graph, it is found that the operating profit margin of company Tesco is falling over the period(McCue Nayar, 2009). On the side, the operating profit margin of the company Next Plc is stable over the period. (c) Net Profit Margin Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Net profit 2,814 24 970 474.8 508.6 553.2 Sales 63,916 63,406 63,557 3,441.1 3,562.8 3,740 Net profit margin 0.044027 0.000379 0.015262 0.137979 0.142753 0.147914 Net profit margin of an organization finds out the each amount earned against the revenue after covering the all the expenses associated with the business operation. This ratio is considered is considered as the key ratio to measure the profitability position of an organization (Higgins, 2009). An organization said to be more efficient if the organization achieves higher net profit margin. According the analysis, the net profit margins of the company Tesco are 4.40%, .03% and 1.52% in the year of 2012, 2013 and 2014 respectively. On the other side, the net profit margins of the company Next Plc are 13.79%, 14.27% and 14.79% in the year 2012, 2013 and 2014. So, it indicates the performance of Tesco is very poor comparing to the Next Plc. It may be the company Tesco is not able to main the costs. The net profit margin of Tesco was very poor in 2013. Activity Ratio (i) Inventory Turnover Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Cost of goods sold 58,519 59,317 59,547 2,395.8 2,437 2,499 Inventory 3,598 3,744 3,576 371.9 331.8 385.6 Inventory Turnover 16.26431 15.84322 16.65185 6.442054 7.344786 6.480809 Activity ratio is generally based on the overall financial rotation activities done within a organization for the certain period of time (Gibson, 2012). The more frequent turnover shows the higher efficiency of the organization. Here in this organization Tesco and Next plc for the last three financial years 2012 to 2014 is mainly based on the financial abilities of the company to convert their production activities into sells to generate revenue for the organization. Here Tesco plc is showing that inventory turnover of the organization is increasing year by year from the financial year 2012 to 2014 whereas the company Next plc is fluctuating with their inventory turnover ratio which is showing that company is not able to generate as much as turnover from flexibility of inventory than Tesco company. (ii) Account Receivable Turnover Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Sales 63,916 63,406 63,557 3,441.1 3,562.8 3,740 Account Receivable 2,657 2,525 2,190 699.1 718.1 808 Account Receivable Turnover 24.0557 25.11129 29.02146 4.922186 4.961426 4.628713 Account receivable turnover is calculated generally on the basis of the credit sales from the debtors converted into sells for the organization. Here the retail company Tesco is showing that company is having lower amount of the days to generate cash for the organization within given period of time which is quickly done in compare to their competitors. There are certain activities are mainly based on the financial status of the debtors of the organization (Gibson, 2012). On the other hand the company Next plc is showing days to convert their sells into cash activities. As per the overall analysis of the companies is showing that turnover of the Next plc is doing well in the market as per the debtor convertibility in the market. (iii) Total Assets Turnover Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Sales 63,916 63,406 63,557 3,441.1 3,562.8 3,740 Total Assets 12,863 13,096 15,572 1,854.2 1,893.6 2,144.6 Total Assets Turnover 4.968981 4.841631 4.081492 1.855841 1.881496 1.743915 As per the assets turnover of the company is showing that companys revenue generating activities which is mainly based on the financial activities of the company while acquiring the assets of the organization (Fridson Alvarez, 2011). As per the assets turnover ratio of the company Tesco and next plc is showing that company Next plc is more efficient to convert their assets into cash liquidity of the organization at the time of the requirement. There are also showing that company Tesco is having 4.84 in the financial year 2013 and which decreases in the financial year 2014 are. As per the overall analysis of the turnover of the assets for both the company is showing that both the company is performing well in terms of controlling of their assets turnover time period activities. Gearing Ratio (i) Interest Coverage Ratio Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 EBIT 4,038 1,960 2,259 608.4 695.5 723.5 Interest Expenses 114 317 143 28.9 29 28.3 Interest Coverage Ratio 35.42105 6.182965 15.7972 21.0519 23.98276 25.56537 According to the analysis, it is found that the interest coverage ratios of Tesco are 35.42, 6.18 and 15.79 in the year of 2012, 2013 and 2014 respectively. It has decreased at very high rate from 2012 to 2013. Then, it has increased from 2013 to 2014(Fabozzi Peters, 2009). On the other hand, the interest coverage ratios of Next Plc are 21.05, 23.98 and 25.56 in the year of 2012, 2013 and 2014 respectively. So, it indicates that the interest coverage ratio of Next plc is improving over the period. Therefore, in overall, it can be said that the interest expenses of the company Tesco is fluctuating. (ii) Long term Debt to Asset Ratio Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Long term Debt 1,838 766 1,910 656.5 566.8 801.7 Total Assets 12,863 13,096 15,572 1,854.2 1,893.6 2,144.6 Long term Debt to Assets Ratio 0.14289 0.058491 0.122656 0.354061 0.299324 0.373823 Long-term debt to assets ratios of Tesco are 0.14, 0.05 and 0.12 in the year of 2012, 2013 and 2014 respectively (Eun Resnick, 2009). On the other side, long-term debt to assets ratios of Next Plc are 0.35, 0.29 and 0.37 in the year 2012, 2013 and 2013 respectively. So, it indicates the proportion of long-term debt and total assets of Tesco are lower than the Next Plc. This ratio is fluctuating for both the companies. (iii) Equity Multiplier Particulars Tesco Next Plc 2012 2013 2014 2012 2013 2014 Total Assets 12,863 13,096 15,572 1,854.2 1,893.6 2,144.6 Shareholder's Equity 402 403 405 222.7 285.6 286.2 Equity Multiplier 31.99751 32.49628 38.44938 8.325999 6.630252 7.493361 Equity multiplier describes the efficiency of an organization to convert the operational activities into assets. The equity multipliers of Tesco are 31.99, 32.49 and 38.44 in the year of 2012, 2013 and 2014 respectively. On the other hand, the equity multipliers of Next Plc are 8.32, 6.63 and 7.49 in the year of 2012, 2013 and 2014 respectively. So, it is seen that the ratio of Tesco is higher than the Next Plc. So, it can be said that the company Next Plc is more flexible in assets converting activities (Bekaert Hodrick, 2009). Non Financial Performance The basic guide focused around fundamentals of Tesco Plc and what all should I look at. The focus was on quality of management and the enhancements and module work which Tesco Plc is attending to. The mentor guided me that skills and learning Assessment and TESCO Plc leaders should work with business leaders to make the necessary investments in TESCO Plc data and process standardization, analytical tools, TESCO Plc skills in using data to support decision making and change management among business leaders, so to achieve business impact with workforce analytics. The human resources function has long struggled to move from being predominantly an administrative function to one that can seamlessly deliver both administrative processes and strategic business value. While human resources will always remain a support function, its overall mission is to enable the business to evaluate workforce-related risk and select the best approach in terms of organization and staffing, skills development, employee retention, and company culture in order to meet strategic objectives. Workforce analytics is one of the most impactful ways for TESCO Plc professionals to engage with business leaders across the organization to evaluate their business practices and business performance from a workforce perspective. In "Defining Workforce Analytics," Gartner presents workforce analytics as the usage of data and metrics based on TESCO Plc data to support workforce-related business decisions: at the individual operational level, as it relates to specific TESCO Plc processes, within strategic KPI frameworks monitoring the execution of strategy, or at the most strategic level in evaluating strategic investment options. Business performance metrics and analytics across sales, marketing and finance organizations are frequently an integral part of tracking and examining how well any business is able to forecast and meet targets in order to deliver sustainable added value for stakeholders. Other business operations metrics around volumes, efficiency, costs, timeliness, satisfaction levels, among others, are a widely accepted part of the running of any business. Measurement and monitoring is seen as an important part of ensuring strong execution to meet long-term strategic business objectives. When it comes to workforce-related metrics, however, most business leaders in many organizations do not look beyond a core set such as head count, employee engagement scores per annual or biannual surveys, and employee turnover or attrition. Recommendation and conclusion According to the overall analysis, it can be said that the profitability position of Tesco is poor comparing to the Next Plc. 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