Deutsche Brauerei - 1416 Words

Problem As the new member of the Deutsche Brauerei Board of Directors I am faced with analyzing three decisions facing the Board and recommending a course of action. The main problem is to determine if the 2001 and 2002 financial forecast and credit policies implied within are a viable representation of anticipated financial condition. On a secondary basis, the following issues should also be analized: * Is the 75% dividend payout ratio justifiable considering the firm’s business plan? * Does the Sales and Marketing Manager deserve an increase in compensation based on his sales results? Steps for Analysis 1. Analyze the financial forecast for 2001 and 2002 2. Analyze Pinchuk’s ROI calculation 3. Review the†¦show more content†¦The affect on the ROI calculation is distinctly lower than Pinchuk’s estimate [see exhibit]. Step 3. Oleg Pinchuk has taken the initiative to completely change the credit standards of the firm in order to accommodate the needs of the Ukraine distributors. The credit policy for our Western Germany distributors is 2% 10 net 40. We maintain a low accounts receivable balance with modest year over year increases. In an effort to bring aboard Ukraine distributors in order to start the eastward expansion, Pinchuk initiated a relaxed credit policy of 2% 10 net 80. Even with these friendly standards, the 5 distributors are rarely able to pay us back in time and Pinchuk is considering an even more flexible policy of 2% 10 net 90. Loosening the standards for clients who are already struggling to pay in greatly relaxed environment is not a good idea. In fact, now that there is business established in the Ukraine, it is time to reign in the credit policy to bring it in line with that of the West. Pinchuk has a lot of faith in his new distributor network and tightening the credit policy will squeeze out the ones he was wrong about. This will result in fewer sales but will reduce risk by avoiding granting credit to unstable businesses. There is a reason why the banks in the Ukraine will not lend. Step 4. Along with the dividend policy, the philosophy of the entire firm needs to beShow MoreRelatedDeutsche Brauerei2124 Words   |  9 Pagesaccounts for Deutsche Brauerei’s rapid growth in recent years? Specifically, what policy choices account for this success? There are several factors that lead to rapid growth of Deutsche Brauerei. To begin with, Deutsche Brauerei itself has succeed in Germany by winning quality awards consistently over the years. Secondly, After a fire destroyed the manufacturing plant in 1994, the more efficient equipment was purchased. It was capable of increasing the brewery’s potential output. Once Deutsche BrauereiRead MoreDeutsche Brauerei3150 Words   |  13 PagesIntroduction Deutsche Brauerei was founded in 1737 and has been in the Schweitzer family for 12 generations. The company produces quality beer and has won awards over the years and is owned entirely by 16 uncles, aunts and cousins. In 1998, Deutsche Brauerei expanded into Ukraine. Despite the Russian debt crisis, the popularity of Deutsche’s beer increased its sales greatly and within three years of launch, Ukrainian consumers accounted for 28% of Deutsche’s sales. Furthermore, most of the unitRead MoreDeutsche Brauerei4451 Words   |  18 Pages | | | This analysis identifies the break-even volume, where revenues just equal total costs and Deutsche Brauerei recovers all its fixed cost at the break-even volume sale. Sales above Break-even Point will bring profits for the company. Margin of Safety (volume) = Total volume Sold – Breakeven volume Read MoreThe Strategy Of The Deutsche Brauerei Essay902 Words   |  4 Pagesevaluating the Deutsche Brauerei, I am giving my recommendation to Greta Schweitzer on the January 2001 Board of Directors meeting agenda. The items we will be focusing are †¢ The approval of the 2001 financial budget. †¢ The declaration of quarterly dividends. †¢ The compensation scheme of Oleg Pinchuk. On the 2001 financial budget, Deutsche Brauerei calls for a EUR 7 million investment in plant and equipment to be built in the Ukraine. I believe this investment will not benefit Deutsche Brauerei for theRead MoreDeutsche Brauerei Essay example2711 Words   |  11 Pages(2) declaration of the quarterly dividend, and (3) adoption of an incentive compensation plan for the marketing manager. She has to evaluate the past financial performance of company and review the strategies about credits and inventories. Deutsche Brauerei produced the quality beers over the years. Its net sales and profit have been incredibly growing in recent years. There are many of factors explained their growth. One factor is that they acquired the equipment in 1994 which are efficiency improvementRead MoreDeutsche Brauerei As A Brewing Company Essay1594 Words   |  7 Pages Deutsche Brauerei is a brewing company that produces two different kinds of beer, dark and light. The brewery is located in a small village just outside of Munich, Germany. Their brewing techniques have consistently won several quality awards over the years. Deutsche was founded in 1737 by Gustav Schweitzer, whose picture is printed on the label of each bottle of beer that Deutsche sells. The company has been in the family for 12 generations and currently is collectively owned by 16 aunts, unclesRead MoreDeutsche Brauerei Case778 Words   |  4 PagesDeutche Brauerei is a family run German Beer Company. It is owned entirely by 16 uncles, aunts, and cousins from the Schweitzer family. The Schweitzers are brewers, not marketers or finance people, so they have hired Oleg Pinchuk to help with the marketing aspects and Greta Schweitzer, Lukas Schweitzer’s niece, to give financial expertise. The company’s agenda includes: approval of the 2001 financial budget, declaration of the quarterly dividend, and adoption of a compensation scheme for Oleg PinchukRead MoreEssay on Deutsche Brauerei Instructor Case Solution6087 Words   |  25 PagesDeutsche Brauerei Teaching Note Synopsis and Objectives A newly-appointed director of a small German beer brewer must prepare to vote on three issues coming before the board of directors the next day: (1) approval of the financial plan for 2001, (2) declaration of the quarterly dividend, and (3) adoption of an incentive compensation plan for the marketing manager. The student’s task is to evaluate the past and prospective financial performance of the company and to critique its liberalRead MoreSomething5644 Words   |  23 Pagesreceivables and inventory. †¢ Illustrate some of the challenges of doing business in an emerging market. Suggested Questions for Advance Assignment to Students 1. What accounts for Deutsche Brauerei’s rapid growth in recent years? Specifically, what policy choices account for this success? 2. What is Deutsche Brauerei’s credit policy toward its distributors in Ukraine? Why is it different from the policy toward its other distributors? Is the company’s credit policy appropriate? Is it profitableRead MoreDeutsche2679 Words   |  11 PagesValue, 2004; FedEx Corp vs. United Parcel Service Inc. 5. A Thoughtful Forecaster 6. The Financial Detective 8. The Body Shop International Plc 2001: An Introduction to Financial Modeling 10. Kota Fibres Ltd. 11. Deutsche Brauerei 13. Best Practices in Estimating the Cost of Capital: Survey Synthesis 14. Nike, Inc.: Cost of Capital 15. Teletech Corporation, 2005 16. The Boeing 7E7 17. The Investment Detective 19. Target Corporation

Best Reputed World Universities Announced

The Times Higher Education has published the annual list of top 100 influential, powerful and best reputed universities in the world. The list is published since 2011, with the research methods growing in complexity and finesse every year. In order to eliminate the possibility of subjectivity, the survey is carried out on invitation-only basis, and includes only the opinions of very experienced scholars with multiple publications and excellent academic reputation, who found their opinions on their understanding of academic excellency, education methods and overall efficiency of universities in question. More than 10,000 responses from 142 countries were processed, with people taking part in the survey spending on average more than 15 years in higher education and research. The main goal of this year’s survey was to achieve the best possible spread, both in terms of geography and disciplines. Engineering, technology, social, physical and other sciences have all been represented more or less equally, and the responses are more evenly spread among countries. Arts and humanities in particular have been represented much better than previously, with their share growing from 9 per cent last year to 16 per cent. The reputation score is based on the number of times the university is mentioned by respondents as the best in their particular field. That said, the survey pays greater attention to the research capabilities of the university than its educational facilities, because, according to experts, respondents in general give more accurate judgment on it. The results, at least in what pertains to the top-20, are not very surprising. The first place is held (and was held since the survey was first conducted in 2011) by Harvard University, still far ahead of its closest contenders. Harvard’s score was taken as the basis for calculations, with all the others showing the percentages of how often it was cited by the respondents. Cambridge and Oxford have risen to second and third places correspondingly, overtaking the Massachusetts Institute of Technology and Stanford University that occupied this position last year. British universities have shown better results in general – there are 12 UK universities in the top 100 compared to the last year’s results, with the newcomers being the universities of Durham and Warwick. In general, the USA continues to dominate the list, with 26 US universities in top-50 positions and 43 in the list on the whole. Two universities deserving a notable mention are Tokyo University (twelfth) and the Chinese top higher education institution, Tsinghua University, raising 10 places up to the 26th. Some other countries are notable for their absence – for example, India, despite its strong academic traditions, didn’t make it. It, however, should be noted that the survey authors indicate that only the first 50 positions should be treated as following one another, as the differences in ratings between them is quite noticeable. The difference between ratings of the lowest half of the list, however, is so negligible that these universities are simply said to have made it into the top-100, with the place they occupy being largely irrelevant.

Parenting Techniques Free Essays

Behavior Parent Training on Fathers Parenting The Behavioral parent training programs have been developed to address child behavior problems through improvement in parenting practices. The triple P or Positive Training Program is widely reported as an effective, evidence based program for parents. However this journal demonstrates that there are significant differences in the program’s effectiveness for mothers and fathers. We will write a custom essay sample on Parenting Techniques or any similar topic only for you Order Now The analysis on this journal demonstrates that The Positive Parenting Program shows a large effectiveness on mothers while having a smaller effect on fathers parenting practices. Considering that fathers make a significant contribution to child development. It is now well accepted that â€Å"poor† parenting practices will have significant impacts on children’s emotional and behavioral wellbeing. Parents’ harsh inconsistent discipline, inadequate supervision, and a lack of positive relationship have been shown to increase children’s behavior problems and later on in life lead to substance abuse, antisocial behavior and criminal activities. In order to strengthen parenting competencies and improve parent-child interactions a wide range of Behavioral Parent Training programs have been developed. According to the journal’s analysis the Positive Parenting Program is very effective when involving the mother and the father, and the children are the beneficiaries of better parenting skills. The study does not show which population the program is working on therefore we have to take into consideration how can we make the proper adjustments in order to make it work for other populations. It is a known fact that mothers are more involved with the program and the children than the fathers are, but fathers are getting involved more every time. Prior parental training programs did not focus on fathers or valued any input on it and there was very little literature for the fathers. The fathers’ involvement plays a very important role on the children’s life and upbringing and the fathers’ impact on the child’s life is separate from that of the mothers’. On the one hand, fathers positive parenting (sensitive to children’s’ interests, supportive of their autonomy) has been identified as protective against externalizing problems in young children; on the other hand negative training by fathers (harsh discipline, unstable presence) has been found to increase the behavior problems on both boys and girls. Fathers participation on the program improves the child’s behavior and helps to support each other as parents. So the fathers’ involvement on the program is crucial not only for the child but the mother also. Providers need to support the involvement of fathers in the parenting trainings. The Positive Parenting Program focuses on the participation of both the mother and father, and fathers actually benefit from the program. The Positive Parenting Program has five levels; the first level focuses on community media, and information on how to deal with basic child problems. Level two offers individual support, providers offer advice and tips on how to deal with child issues, level three does four thirty minutes behavior counseling sessions in order to manage the progress or lack thereof. Level four was developed for children with disabilities, these sessions deal with the child’s misbehavior and offer strategies for encouraging their development, and level five covers a home-based skills training sessions that offer coping with stress and emotions, marital communication support. It is designed for parents at risk of child maltreatment; it also focuses on anger management. The Positive Parent Program has been used by culturally diverse parents, multi languages, face to face, telephone, and electronic modalities with remarkable results. How to cite Parenting Techniques, Essay examples

Benefits of Sustainability Driven Innovation

Question: Examples of the enterprises you might consider include, a day care centre, a carpet manufacturing business, a small zoo, an insurance office, a bank, an auto repair shop, a veterinary surgery, and many other possibilities including a global corporation like BHP Billiton. Answer: Introduction: Monitoring system is effective for an organization to understand whether they are following the proper method or taking the right steps to achieve the goal that have been set by the organization (Werbach, 2013). The indicators in the monitoring system can be compared to the factors that will help in understanding whether the motoring system is helping the organization to understand whether they are fooling the right path. The monitoring system should be able to measure the output that will reflect the strategies that have been set by the organization (Ferguson Souza, 2016). The monitoring system will be able to identify the main problem that will be faced by an organization while they are operating in the market. The monitoring system needs to be iodated regularly so that the employers can keep a track of the changes that are taking place in the organization. The monitoring system should be user-friendly so that the management can easily use it. The employees should not need any extra training to operate it. The company should not have to bear any cost to run the monitoring system. Even if they have to bear any cost, then the system should be cost-effective enough so that they do not have to plan any extra expenditure to implement the monitoring system. Not only the monitoring system but also the indicators should be effective so that the monitoring system will be helpful to identify the strength and weakness of the organization (Sloan, Klingenberg Rider, 2013). The indicators should be relevant. The indicators should be able to show the things that the organization need to know. The indicators should be easy to understand. The employees should be needing any extra training to understand the meaning of the indicators. The organization should not have to hire any expert to understand the indicators. The employees of the organization as well as the employer should be able to trust the indicators. The indicators should be reliable and highlight the correct data needed by the organization. Any wrong information given by the indicators will take the organization in some other direction. The indicators should not be consisting of those data that cannot be accessed by the people of the organization. The data should be accessible that will make up the indicators. The organization should have the time to act if the indicators show something is wrong. Indicators cannot be called effective if that does not give time for the employees and the employer to make things right after they have noticed something wrong. Rio Tinto needs a proper management system mainly because of two reasons. They have to go up the dunphy scale. Secondly, to go up the dunphy scale, they have need funds that could help them to implement more sustainable measures. The indicators of the monitoring system that will measure the actions of Rio Tinto should keep in mind the profit as well as sustainability to help them go up the Dunphys scale. They need to keep a check on the profit to see that whether their steps are enhancing the business. They need to keep a check on the employee engagement and so that there is balance between the urban employees and the aboriginal employees. The certifications by the external organization are necessary as they will help them to spread their goodwill gestures and help them acquire more clients and finances for their business. Literature Review The Dunphys scale is the best way to measure whether the business of an organization is sustainable enough. Rio Tinto has taken many measure towards sustainable development if the business. Some are directed towards the environment while some are socio-cultural in nature (Beckmann, Hielscher Pies, 2014). They have taken steps to make help the aboriginal as a many parts of the land that are possessed by the aboriginals are being used by the organization for mining purpose (Riotinto.com, 2017). Following is the Dunphys scale: Business case for sustainability The sustainable development of Rio Tinto is worth mentioning and they aim at developing a socio-cultural development of the society. They help in development of the aboriginals who are living in the area and working with the organization (Sidiropoulos, 2014). The aboriginal were ill-treated when in the year, 1963 when the Mapoon mission was closed even after the discovery of bauxite reserve in the year, 1955. The contribution of the indigenous people like Old Matthew (Wakmatha) and George Wilson (Piiramu) was not overlooked after the mission was halted. Six years down the lane after the incident took palce, tio tinto is workimnh in close contact with the aboriginals. Some of the agreements that have helped in the partnership of Rio Tinto and the aboriginals are: The Weipa Township Agreement The Western Cape Communities Co-existence Agreement (WCCCA) The Ely Bauxite Mining Project Agreement Current Dunphy Phase Status of Rio Tinto is at the efficiency stage of the Dunphys scale. The human sustainability is stresses upon in the efficiency stage of the Dunphys scale. Rio Tinto aims at development with the help of the aboriginals (Riotinto.com, 2017). The ratio of the aboriginals who are working for the organization is not in balance with the area that is being used for the operations of the company. 60 percent of the land that are under the aboriginals are used to get the minerals but only 6 percent of the population are involved in the workforce. The place is hugely exploited by Rio Tinto to mine the metals and hence, it is necessary that the workforce should have more aboriginals. Even though Rio Tinto is planning to incorporate for aboriginals in their business, yet they are unable to find a way that will help in reducing the exploitation of the environment. The main aim of involving the aboriginals in their program is to take their help to get an idea for land rehabilitation program. The idea of land rehabilitation is in the pipeline and the involvement of the aboriginals will be helpful as they could tell the ways to restore nature even after mining the land to extract the metals and the minerals. Rio Tinto can be said to be in the efficiency phase as they are not able to implement any such idea to restore the land but the discussions are still on to get such an idea. They are employing the aboriginal, which is a good step but they are not able to employ a huge number of people. The aboriginals should be employed in huge numbers as they are exploiting their land and they have the best idea about the land (Buxel, Esenduran Griffin, 2015). Required elevated position of Dunphy Phase The main aim of every organization should be to reach phase six of the scale but the phase six, which is the sustaining corporation phase. However, the phase has been considered to be too abstract and is not possible in reality (Kiron et al., 2013). The employer would then be left with minimum profit to support the employees who are working in the organization (Sharma Hart, 2014). Hence, Rio Tinto should aim at reaching phase 5, which is the strategic sustainability phase. The organization should have diversity at workplace by balancing the workforce (Wagner Svensson, 2014). There should be equal number of aboriginals and urban employees. The aboriginals do not receive proper training and specific skills to get employment. Hence, it will be the duty of Rio Tinto to educate the people and help them get a job in the organization. They do receive preliminary education but the skills that are needed for mining jobs. It is the duty of the organization to teach the aboriginals about the mining techniques and help them get a job. In this way, they will be able to attain the strategic sustainability phase. The organization has been able to witness a reduction of 30% in the indigenous turnover. Environmental concerns, which is another area that should be taken into consideration (Sloan, Klingenberg Rider, 2013). If more number of aboriginal populations is employed in the organization, they will be able to know the ways that will help them save the land of the aboriginals even after mining is done (Werbach, 2013). The Enterprise Rio Tinto is a British-Australian multinational mining company with its headquarters in London, United Kingdom (Riotinto.com, 2017). The company consisted of Rio Tinto Plc, which is a London and New York stock exchange company and Rio Tinto Limited, which is an Australian Securities Exchange. The business of Rio Tinto is based on four factors: Finding Mining Processing Marketing They aim at finding the mineral resources and deliver them to the customers and the clients. They value the shareholders of the company and work to deliver the best returns with the help of the assets of the company and projects that they take up for the clients. As far as the workforce is concerned, Rio Tinto possesses 55,000 employees. The operations of the organization are spread in 40 countries and the employees work in strong teams. The organization always follows the motto of safety first when it comes to the employees. They believe in innovation and the employees work hard to make those innovations a reality and never steps back from learning something. The major products for Rio Tinto are industrial minerals like salt, titanium dioxide and borates. Other major products are gold, aluminum, diamonds and copper (Riotinto.com, 2017). The metals that are mined by Rio Tinto are converted into end-products and those products are used for development of the living standards and other economic developments of the society. The innovations that are applied to work are not limited to work. Innovations are applied for sustainable development. The organization faces with various challenges like climate change, regional community development, resource scarcity and community employment. The best part of Rio Tinto is that the organization does not see the challenges as challenges but opportunities. They aim at getting over the challenges and help in developing a sustainable business. Conclusion After going through the case of Rio Tinto and placing it on the Dunphys Scale it can be concluded that the organization is performing well as it is on the efficiency phase of the scale. The company involves the aboriginals in their business as most of their land has been used for the mining purposes. However, there is a huge gap between the number of urban employees as and the aboriginal employees. In addition to this, the land exploitation is affecting the environment. It can be said once they employee more aboriginal employees, they will help in giving ides to save the land. The monitoring system suggests that they need to keep a check on the profit, the employee engagement and the result of the external organization. The development plan includes the business model canvas, which will help Rio Tinto to go up from the efficiency phase to strategic sustainability phase. References Beckmann, M., Hielscher, S., Pies, I. (2014). Commitment Strategies for Sustainability: How Business Firms Can Transform Trade?Offs Into WinWin Outcomes.Business Strategy and the Environment,23(1), 18-37. Buxel, H., Esenduran, G., Griffin, S. (2015). Strategic sustainability: Creating business value with life cycle analysis.Business Horizons,58(1), 109-122. Ferguson, M. E., Souza, G. C. (Eds.). (2016).Closed-loop supply chains: new developments to improve the sustainability of business practices. CRC Press. Globalreporting.org,. (2017).About GRI.Globalreporting.org. Retrieved 10 January 2017, from https://www.globalreporting.org/information/about-gri/Pages/default.aspx Integratedreporting.org,. (2017).Integrated Reporting.Integratedreporting.org. Retrieved 10 January 2017, from https://integratedreporting.org/ ISO,. (2017).ISO - International Organization for Standardization.ISO. Retrieved 10 January 2017, from https://www.iso.org/iso/home.html Kiron, D., Kruschwitz, N., Reeves, M., Goh, E. (2013). The benefits of sustainability-driven innovation.MIT Sloan Management Review,54(2), 69. Riotinto.com,. (2017).About Rio Tinto.Riotinto.com. Retrieved 9 January 2017, from https://www.riotinto.com/aboutus/about-rio-tinto-5004.aspx Riotinto.com,. (2017).Working together for a better future.Riotinto.com. Retrieved 10 January 2017, from https://www.riotinto.com/ourcommitment/spotlight-18130_18749.aspx Sharma, S., Hart, S. L. (2014). Beyond saddle bag sustainability for business education.Organization Environment, 1086026614520713. Sidiropoulos, E. (2014). Education for sustainability in business education programs: a question of value.Journal of cleaner production,85, 472-487. Sloan, K., Klingenberg, B., Rider, C. (2013). Towards sustainability: Examining the drivers and change process within SMEs.Journal of Management and Sustainability,3(2), 19. Wagner, B., Svensson, G. (2014). A framework to navigate sustainability in business networks: The transformative business sustainability (TBS) model.European Business Review,26(4), 340-367. Werbach, A. (2013).Strategy for sustainability: A business manifesto. Harvard Business Press.