Financial Management Essay

Masters
Essay
Business
Pages 9 (2259 words)
Download 0
By constantly finding new revenue sources such as classified platforms and venturing into in-season product markets, this is an objective that aims to support the objective of getting an overall operating margin above 33%.
This objective is also in line with the overall objective of achieving above 33% profit margin for the company…

Introduction

Ebay aims to increase the volume of transactions that are conducted by users as part of its operational objective. By increasing the per-transaction value, as well as its volume, Ebay aims to increase its overall objective of increasing operating profit margin.
Ebay's human resource policy includes creating a good and friendly environment for its company, where employees will always have an environment which will be human at all times. This include activities that aim to provide services for employees' convenience including a gym, restaurant, coffee shop and relaxation rooms, as well as family events for special holidays and occasions.
Apart from ordinary employees, managers in Ebay are given bonuses and economic benefits as part of their renumeration, as regards the company's human resource policies. By including bonuses and other economic benefits to people who hold top positions in the company, the company aims to improve accountability and lessen the agency costs-with top managers as the agency to the shareholders.
On one hand, the company aims to improve its operating profit margin. On the other hand, costs that are related to increasing the costs that cut down operating profit margin are associated with fulfilling of the non-financial objectives. The conflict arises due to the differences in interests that the objectives try to serve and fulfill.
First ...
Download paper
Not exactly what you need?

Related papers

Financial and Management Accounting Essay
(Timmer, John. Accounting for the environment. September 27, 2006. Nobel Intent. Ars technical. [internet]). In a large measure, the environment has become so important a subject that even the art of accounting is now being made part in the quest for attaining worldwide ecological balance. As a matter of fact, disclosure of environmental issues and the duty to report the same is now a corporate…
Financial Management Master Essay
Marks and Spencer has achieved a great success in the last three years and now it is in the progress focusing on core business and aiming at becoming more customer oriented and flexible business offering wide selection of quality goods.…
Human Resource Management Essay
As we see upon examination, something as small and as large as language or time expectations can lead to tremendous difficulties in motivation, and ultimately market demand and revenues. A fascinating insight into the world of work and human resource management, the GE Medical CGR case serves as a foundation for further inquiry into change management and equity incentive strategies. In…
Financial and Management Accounting information
Management accounting information is mainly used for internal purposes and communication to management (Berry & Jarvis, 1997). The use of financial and management accounting information to the running of an organisation are discussed in the first and second part of this essay respectively.…
Financial Markets Master Essay
In comparison to their peaks at the end of 2007, the Dow Jones Industrial Average Index and the DAX index have dropped almost 50% in value. Considering recent events many investors have reconsidered the concept of fair value of a stock and the efficiency of techniques used. In addition to this, the approach applied by many academics on Technical and Fundamental Analysis1 and of Efficient Market…
International Financial Management Essay
(Mullem & Verschoor, 2005). The last component of a company's exposure to currency fluctuations is called competitive or economic exposure. As exchange rate variations affect the relative prices of goods sold in different countries, they affect a firm's competitive position and indirectly influence its economic environment and future growth possibilities (Mullem & Verschoor, 2005). Although a firm…
Financial Management Essay
Ebay aims to increase the volume of transactions that are conducted by users as part of its operational objective. By increasing the per-transaction value, as well as its volume, Ebay aims to increase its overall objective of increasing operating profit margin.…