Essays on Expansions

Improving the Operating Strategy of Marriott

Improving the Operating Strategy of Marriott The purpose of the report is to develop a recommendation for improving a company’s current strategy in order to remain sustainable in a highly competitive economic environment. The recommendation will be based on an analysis of both the external and internal factors that affects the company. This includes both qualitative and quantitative factors since the report is segregated into (1) environmental scan and risk analysis, (2) ratio analysis, (3) financial statement analysis, (4) weighted average cost of capital, and a (5) strategy development. The company chosen to be analyzed is Marriott International, ...

Drivers for Change

The acquisition of Whirlpool over Maytag resulted in complementary advantages since Maytag shareholders received both cash and Whirlpool stock while Whirlpool expanded its product and service offerings (Fox, 2006). The acquisition effect is an increase in brand portfolio variety and potential improvement in production efficiency (Whirlpool, 2005, p.7). However, this acquisition occurred during one of the most challenging external environments due to a continuing increase in both material and oil-related costs (Whirlpool, 2005, p.6). This was further worsened by a decline in consumer demand within its U.S. market (Whirlpool, 2006, p.5). Whirlpool countered by increasing the number of new ...

Social policy

The skills provided by community colleges are paramount if we are to meet the threshold required for jobs in the future. These jobs will need an associate degree or more, rather than the current jobs that can be done even without the attainment of a college degree. These associate degrees have a credential of two years thus are less expensive and favor the young people from poor backgrounds (Brand & Xie, 2010). The aim of the free community college is to boost an individual’s income through a solid background in education. Given the declining rates of enrollments in colleges, ...

Abstract

Going international has stood to be the primary means by which corporations have gained access to the global markets. Beyond their home markets, companies have been able to increase their sales and growth rate following the large customer base created and greater access to capital in existence in the larger market. The emerging markets such as China have been the primary focus for the companies seeking to globalize their operations. Companies have used different financial strategies, such as bonds and stocks that finance expansion and growth in the international markets. However, an ultimate understanding of the internationalization plays a ...

The case highlights that the business opened its first theme park in 1955 in California with the icon character of Mickey Mouse. In 1983, the part expanded its roots to the international market by opening part in Tokyo, Japan. These expansions led them part to Paris, France, and finally in Hong Kong in 2005. However, the critical issues that have been discussed in the case are cultural differences and social issues. The case explains that the global expansion for any company is a tricky business and organizations have to overcome political, legal, social, economic, and cultural barriers. The company ...

The conservatives promoted the idea of rebuilding the American capitalism, which seemed to have faltered during John K. Galbraith’s influence of “affluent society”. Conservatives thought that Galbraith’s doctrine meant rolling back the government and shrinking its size in radical terms to manageable levels including removal of massive programs like social security (Karaagac, p. 31-47). Conservatives never thought in these terms, rather, they thought of more efficient ways. They wanted to see the government function better, and not simply reduce its size. Further, they wanted the government to least intrusive in people’s daily lives, as individuals would ...

Introduction:

Pensions are an essential part of a civilized welfare state that rewards hardworking and taxpaying citizens with security in old age. The rationale behind pensions is that citizens who have worked for a living for almost 40 years of their young lives and have paid taxes deserve to have a regular source of passive income after retirement in old age. This is to ensure their basic needs are taken care of and they do not become a burden on society and private individuals. It also ensures higher spending in the market as opposed to a greater part of earnings ...

Introduction

Medicaid is the public health care system used by the majority of citizens in the US. Health care services have become very expensive in recent days with the price tag of medical services expected to be on a steady rise for the next couple of years. Most citizens are burdened with the heavy cost of medical services. Various states are looking into means by which the Medicaid health plan can be made available to as many citizens as possible. Qualifications for the Medicaid health care plan is based on various factors such as income, disability, family, status and disability ...

Netflix has over 81 million viewers worldwide. It has the most viewership hence the leading internet broadcaster. It airs various productions including documentaries and series ("About Netflix"). The company, which is now flourishing in the internet and catalog retail industry, was started as a DVD mail service company by Reeds Hastings and Marc Randolph ("About Netflix"). Being mainly situated in the USA, as of May 2015, the company, as by the information from Forbes, has 2450 employees, and a net worth of 25.5 billion dollars (Netflix) as of 2007. With the use of the internet, Netflix provides both TV ...