Everyday new opportunities for energy conservation are becoming more numerous in both commercial and domestic setups. The impact that energy conservation can have in reducing total costs in terms of money and environmental damage has become widely recognized. In other words, energy conservation directly translates into a healthier environment to live in as well as more finances to dispose with. Conservation efforts in reducing green house gases across the world as well as reducing toxic pollutants like carbon monoxide can also help remedy the potentially dangerous global warming situation. The rest of the essay will deal about various mitigation efforts that could be incorporated into existing energy systems in order to make energy consumption more efficient.
Any large scale energy conservation projects are not viable due to the heavy initial costs that they would require. Hence, the most feasible alternative is through mitigating the inefficiencies in the existing . . . Read More
The Code of Ethics adopted by a business organization reflects its approach to business. These sets of self-imposed rules originate from the corporate social responsibility of business corporations. It also defines the values and standards by which the company conducts its business. It provides all stakeholders with a clear understanding of the procedures and processes at various levels of the organization. In other words it acts as the road map or set of guidelines to help the firm in acting and conducting itself in a socially and commercially acceptable manner.
A well designed code of ethics will help highlight the resources available to achieve various goals set at the personal and corporate levels. A good code of ethics document will inspire confidence in all business associates – like suppliers, clients and employees. (Budd, 2007) The rest of the essay will critically analyze the codes of ethics of two accounting firms and evaluate their merits in the . . . Read More
Energy conservation is one of the most talked about and debated topics across the world. It is a well known fact that energy usage is linked with efficiency of operation. Hence, all major business corporations involved in the energy industry are constantly making efforts to use scarce energy resources in an optimal way. By achieving this end they would serve the community while boosting their bottom lines as well. More importantly, unscrupulous use of non-renewable energy resources has led to such phenomena as global warming. Hence, energy conservation is not strictly a business . . . Read More
In 2004 Google became a public corporation. Its debut price was $85 and within a year it rose to $300. The more than 300% growth in its first year is unprecedented to say the least. Google’s main competitor in the search engine business is Yahoo. But in spite of Yahoo’s longer presence in the internet services market, its market capitalization still falls below that of Google (a much later entrant to the market). This figure stood at an impressive 80 billion dollars toward the end of 2005.
One reason for Google’s success is its emphasis on innovation and its reputation of being the . . . Read More
EMI Records is a reputed music production and distribution company. It is distinct from others in the music industry from the fact that it always puts the prospects of the artist ahead of the commercial return on the art. Such popular artists as Iron Maiden, Pink Floyd, Kate Bush and Robbie Williams have had a long-term business relationship with the company. To this day, it remains a dynamic and innovative label committed to recognizing and supporting fresh musical talent in Europe and America. Eicom’s business is also music based but their focus is on the distribution through television channels. Hence, Eicom and EMI records compete in different markets although they both represent the multimedia industry. The company is in a phase of transformation with the prevalence these days of downloadable music off the internet. EMI is conceiving of a fair and sustainable online business model that will return rich rewards to artists and the label.
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Pearson Plc is a media enterprise of notable repute. In their own words, their business goals are to “to educate, entertain and inform.” And looking at the empirical evidence the company had certainly met its business goals. Any analysis of financial prospects without consideration to intangible values such as business goals is bound to be inaccurate. Hence, the company’s stated objectives alongside its past accomplishments make it a real winner in the publishing industry.
A glance at the company’s financial performance for the last five years indicates a steady growth. The operating profit had risen from 4,019 million pounds in 2003 to 4,423 million pounds in 2006. Pearson Education, which is one of the top brands, had by itself contributed 383 million pounds. These figures translate well for the shareholders. For example, to match the growth in operating profit, the . . . Read More
Licensing, marketing and distribution of material such as motion pictures, television series, etc in digital formats is the principal business of Metrodome Group. In other words, the group’s prime markets are in the sectors of Home Entertainment, Television sales and other upcoming media technologies. Another important operation that contributes substantially to the revenue is “theatrical releases”.
Plans in the Pipeline:
In terms of strategy, the group intends to stay ahead of competition by adopting the following plan of action for subsequent years: Increasing the number of theatrical releases per year and offering most of the productions in DVD format as well. Building a solid infrastructure for easy distribution of the productions through terrestrial and satellites channels is also on the table.
To consolidate its . . . Read More
Electric Word specialized in information processing business covering areas as diverse as education and sports. Some of the products it deals with include magazines, websites, newsletters, events and other custom reports.
Let us look at some of the financial indicators for the year ended 30th November 2006. The adjusted profit before taxation rose from 451,000 pounds to 920,000 pounds. The operating margin saw a two percent increase. The year saw a profit of 33%. All these numbers point to a healthy balance sheet with sufficient cash flow. The company has been in an acquisition spree since December 2005, assimilating 5 companies already and looking for more opportunities.
These are remarkable achievements given the fact that Electric Word was started only seven years ago. It then conceived a long-term goal of creating an organization that would deal with all branches of the publishing media with . . . Read More
Eicom Plc is into the management and optimizing usage of digital airwaves for television broadcasting. Performance Channel and SciTech TV are the two channels that the company presently operates.
Past performance and Future plans:
Eicom management has announced plans to expand their business outside the UK in the near future, which is their primary market as such. This would entail adopting newer technologies like broadband and Internet Protocol Television in the future. In the eighteen month period spanning from January-2005 to June-2006, the multimedia group had announced a turnover of 1,016,000 pounds. During the same period the group registered an EBITDA loss of 1,572,000 pounds leading to a net loss of 1,885,000. These numbers may not make the shareholders happy. But given the plans for expansion, most revenue from the new channels will translate into profits as fixed costs for the expansion had already been covered. . . . Read More
Stormnetmedia is a leading multimedia company in the United Kingdom offering high quality CD and DVD duplication services at very competitive prices. The company has a strong customer base in London, Birmingham, Warwickshire and the Midlands. The video and DVD production are of broadcast quality. The company also provides encoding services for data protection. Other services provided include web designing, online education solutions and database applications.
The Management Team and Employee relations:
The company boasts of some of the best qualified veterans of the industry at the helm. The corporate culture within the business entity is also very advanced, especially the openness with which new team members are welcome. For example, in their own words the company “empowers our people, future team members will be recognized for their contributions and have the opportunity to grow their careers with the . . . Read More