Client’s Name: Course: 17 June 2012 Being the best for a really long time is certainly not easy, Google has managed to do that but the journey has been full of challenges. Google has been the best and the most reliable service, almost everyone from kids to adults heavily rely on a Google search to complete their day-to-day tasks and this also means that Google has become a lifestyle…
According to the latest financial report of Google.inc it has been found that they are in a great position when it comes to debt ratio, the debt ratio is 0.02 which means that they have more assets than debt and the debt can be paid off very easily so the company need not worry about anything as far as the debt ratio is concerned. Following are the most important ratios of the company: Current ratio: 5.8 Quick ratio: 5.6 Asset Turnover: 0.6 Return on Assets: 14.0% Return on Equity: 17.3% All these ratios clearly show that Google inc is financially very sound and there is nothing to worry about for the company but they have several competitors and can’t afford to rest on their laurels. Business Model Employees are more than willing to work for Google because the organization has established itself as one of the best companies in the world, in the year 2007 and 2008 Google was the top company to work for, it is one of the very best companies across the globe, they treat their employees with a lot of respect and they take special efforts to motivate them. All this success is because of their leadership and cross-functional organizational structure. Google employs the rule of “70-20-10” this means the employees can communicate directly with each other, this much improved communication system has been the key to success. Formal channels are normally avoided by the company to avoid any misunderstandings, the staff is always highly motivated because they have a sense of belief that they can contribute immensely towards the company, this sense of belief keeps them motivated and inspires them to keep performing for the company. Cross-Functional Leadership Structure of Google Features of Cross-Functional Leadership Structure: “To meet the many demands of performing their functions, managers assume multiple roles. A role is an organized set of behaviors. Henry Mintzberg has identified ten roles common to the work of all managers. The ten roles are divided into three groups: interpersonal, informational, and decisional. The informational roles link all managerial work together. The interpersonal roles ensure that information is provided. The decisional roles make significant use of the information. The performance of managerial roles and the requirements of these roles can be played at different times by the same manager and to different degrees depending on the level and function of management. The ten roles are described individually, but they form an integrated whole.” (Henry Mintzberg). Another big challenge which the leaders of today face is the daunting task of decision making. Decision making is the most challenging task for any leader. One wrong decision can change many things around in an organization and those changes will surely be for the worse of the organization on the other hand one good decision can help the organization in more ways than one. Decision making is a very delicate process, numerous things have to be kept in mind, a leader just cannot go on making wrong decisions because that would result in disaster, even one wrong decision can be disastrous for any organization so considering all these things it becomes imperative that leaders analyze the situation and make their decisions wisely, if a leader analyzes a ...
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Investment is a vital activity which requires various types of analysis to be done. To choose the right company is a very important decision. If the investor chooses the wrong stock then he or she could have to bear loss. The nonfinancial parameters has been discussed in this project.
ales out) are 365/4.21 = 87days Payables = purchases divide payables = 378000/129000 =2.93 Therefore number of days to clear payables (Day payables out) are 365/2.93 = 124days Inventories= cost of goods sold divide inventories = 1018000/332600 =3.06 Therefore number of days to clear inventory (Day inventory out) are 365/3.06 = 119days Cash conversion cycles equals = Day sales out + Day inventory out - Day payables out = 87+119-124 = 82days Concerns: Work in progress may lead to more days for clearing the work cycle at higher rates than 70% The working capital cycles has a difference of 8days hence the company should review the discrepancies and do necessary corrections.
This would involve taking sensible investment as well as financing decisions that would add value to the business. One of the core reasons for concentrating on shareholder wealth is that the businesses that are failed to do so may be taken over by other companies.
Unlike the equity shares, the preference shareholders are entitled to special privileges with regard to payment of capital and profit sharing. The businesses deploy a mix of debt and equity in their capital base. The firms have a finance department that looks after the funding needs.
e research analyzed current, forecasted and budgeted performance of Synovate FZ-LLC. Synovate FZ-LLC is a market research consultancy in Dubai. It is a free zone company registered with limited liability pursuant to regulations issues by Dubai Government and Media Free Zone Private Regulations, 2003.
The corporation’s principal subsidiary is American Airlines, Inc. which was founded in 1934. At the end of 2010 American Airlines provided airline services to over 160 destinations throughout North America, the Caribbean, Asia, Latin America and Europe.
Managing a nonprofit organization requires a proper blend of providing quality services and careful administration that can help in cost reduction. The management needs and requirements of different types of nonprofit organizations can differ depending upon their goals and objectives.
Today companies pay specific attention to setting financial management strategies. Several strategies have been developed to maintain a tie between enterprises’ cash inflow and outflow. Evidently, there are certain legal restrictions that limit the scope of financial management operations in nonprofit enterprises.
However, a business has to respond to these challenges if it has to remain in business by creating measures that address, for instance reduced profits or that increase sales. Apple and Amazon are examples of Multinational Businesses that faced the financial crisis of 2008; diversified measures implemented them and recovered from the reducing profits they were earning (Foster, 2009).
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