Financial Performance Analysis of McCormick (U.S) and

Financial Performance Analysis of McCormick (U.S) and Kerry Group (Ireland) Individual Assignment Executive summary This assignment outlines the financial performance of two companies McCormick (U.S) and Kerry Group (Ireland).To analyse I took recent financial statements of both the companies (2010-2013). The performance of the company is determined by finding the following answers to the questions. A. Are the companies adequately profitable and which is more profitable? B. Are the companies liquid and which company is more liquid? a. Generating enough cash b. Carrying enough cash C. Do the companies have†¦show more content†¦McCormick (U.S) McCormick is the American food company that manufactures spices, herbs, and flavourings for retail, commercial and industrial markets. This company was begun in 1889 in Baltimore, Maryland, United states. The company has approximately 8,000 employees. Business units of McCormick are United States consumer products, food service, Industrial flavour solutions, sup herb farms and Zatarains. Zatarains brand includes rice and dinner mixes, products to prepared and season seafood and other items. Yahoo 2013 reported McCormick has $9.4 billion market capitalization, about 3% of the total industry (Yahoo, 2013). According to the industry website, total market capitalization is $295 billion with an average net profit margin of 3.2%. Both the companies are involved in producing spices and belong to food industry. The food industry is highly maintained and controlled in both U.S and Ireland. Overall both the companies are in the top ten rankings of their respective sub-industries. In addition, both the companies have the abilities to compete in the global food industry. Both the companies have large market capitalisation presents that they are able to impact the industry, and allow them to set prices among spices and food ingredients. Financial performance analysis Generally to compare the financial performance of McCormick and Kerry group financial ratios are used. Financial ratios are generally ofShow MoreRelatedBerkshire Hathaway1922 Words   |  8 PagesHathaway Inc., 2009). Most investors get normal returns and believe the market is in semi strong form. However Buffett believes the market is inefficient and acts on his own investment philosophy. This report will analysis BH’s acquisition of PacifiCorp, evaluate Buffett’s performance against EMH and discuss his ethical standards. Berkshire Hathaway Ltd. VS Scottish Power Plc. After the acquisition was announced, BH Ltd. and Scottish Power Plc. both experienced price ran up. 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Eating Disorders And Its Effects On The Human Body

anuary, 2016 Eating Disorders In US today, over 30 million men, women, and children suffer from an eating disorder. Research shows that 42% of first- to third-grade girls want to be thinner and 81% of 10-year-olds are afraid of being fat. In fact, most kids with eating disorders began their disordered eating between the ages of 11 and 13. (Eating Dis.3) The most common eating disorders are; Anorexia, Binge eating, and Bulimia. Why do people resort to something so life threatening? Many people are turning towards eating disorders because they don’t accept who they are. Eating disorders are a mental illness that can have dangerous effects on the human body and several people are involved in this bad habit. In some cases genetics play a role creating difficulty in finding a way to control or stop their disorder. Other times it an individuals choice on whether or not they’d like to open this hurtful portal to darkness. 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Confucius and Confucianism Essay Example For Students

Confucius and Confucianism Essay LIFE OF CONFUCIUS Confucius was believed to have been born in 551 BC., in the state of Lu, known today as the Shandong province. His parents, who died while he was a child, named him Kong Qui. Confucius was derived from the Latin word Kongfuzi which means Great Master Kong. Confucius was the most influential and respected philosopher in Chinese history. His ideas were the single strongest influence on Chinese society from around 100 BC. to the AD. 1900s. The Chinese government made his ideas the official state philosophy and many nearby countries honored his beliefs. Confucius wanted to gain the position as an adviser to a wise ruler, but he failed. He hoped to do this in order to be able to employ his ideas for reforming society. If it wasnt for the disciples of Confucius his teachings would have never been spread around China, and he would have never been made known. His teachings were never written down by him, but his conversations and sayings were written down by his disciples in the analects. CONFUCIANISM Confucianism was the single most important thing in Chinese life. It affected everything in China; education, government, and attitudes toward behavior in public and private life. Confucianism is not a religion, but it is more a philosophy and a guide to morality and good government. At the time Confucius was born, China was in a conezt state of war, and rapid political change altered the structure of Chinese society so much that people no longer respected the established behavioral guidelines. Confucius stated that the ideal person was one of good moral character. The ideal person was also truly reverent in worship and sincerely respected his father and his ruler. He was expected to think for himself, guided by definite rules of conduct. As Confucius said, he was expected to take as much trouble to discover what was right as lesser men take to discover what will pay. Confucius believed that this type of behavior by rulers had a greater effect on the people than did laws or codes of punishment. So when these types of people were rulers, their moral example would inspire the people to lead good lives. Confucius died sometime around 479 B.C., and his philosophy was not very well known. If it werent for his disciples his ideas would probably still be unknown. Confucius never wrote anything down himself; his disciples wrote all of his sayings down in a collection of books called the Analects. These contain all that modern day man knows about Confucius. There existed two important Confucian philosophers-Mencius (390-305 BC) and Xunzi (mid 200s B.C.). They held beliefs similar to Confucius but they were somewhat different. Menciuss viewpoint was that people were born good, and that they had to preserve the natural compassion of the heart. Xunzi opposed this by saying that people could be good and live peacefully only if their minds were shaped by education and conduct. Both of these ideas parallel Confucius, in that they both state that people can be good. Confucianism was concerned primarily with the needs of society, and unlike Buddhism and Taoism, not the ability for a person to live in harmony with nature. Beginning in the 200s B.C. Buddhism and Taoism began to affect and reshape the ezdards of Confucianism, and things such as nature came into play. Around A. D. 200 to 600, there was a rapid decline in the Confucian Beliefs in China. This was partly because Confucianism now had to compete with Buddhism and Taoism, which were developed around this time. These religions were to Confucianism as night is to day, in other words, they were exact opposites. Buddhism and Taoism were largely concerned with the meaning of suffering and death, while Confucianism largely ignored these. The revival of Confucianism began around the 600s and was fully revived by the 700s. Honor Argumentative Essayexact opposites.Buddhism and Taoism were largely concerned with the meaning of suffering and death, while Confucianism largely ignored these. The revival of Confucianism began around the 600s and was fully revived by the 700s. In the 1100s, there was a movement lead by Zhu-Xi called the Neo-Confucianism movement.He developed a branch of this movement known as the rational-wing, it dealt with the study of Li, the relationship between humans and nature.Another branch was called the intuitional-wing and it dealt mostly with enlightenment by a combination of meditation and moral action.In the 1900s there was a clash between Confucianism and Western beliefs such as Communism.For many years after the Communist change in China, the Government greatly opposed Confucianism because it tended to look into the past .

Intellectual Property and Shrinkwrap Licenses MyAssignmenthelp.com

Question: Disucss about the Intellectual Property and Shrinkwrap Licenses. Answer: Introduction The organization and the public, in general, are getting threatened by the issue of intellectual property. The issue is becoming a threat at a huge cost to the economy of U.S. The organizations in the country are trying to stem the overall loss from this before any value lost to the economy and further harm the security of the country. The country mainly saves the rights associated with IP via patents, copyrights, and trademarks. The concept of a patent is saved by the Patent Act formed in 1952 (Cornish et al., 2013). The trademark act protected the issues related to trademark act in 1946 and the end, copyrights cat, are saved by the Patent Act of 1952. The report will discuss in detail about the article based on U.S Supreme court ruling related to the dispute between the Apple iPhone design and Samsung. It is important to note here that the US also saves another kind of issue related to intellectual property known as trade secrets (Kim et al., 2011). The issues related trade secret are avoided by state laws. However, there is certain federal protection with the help of Economic Espionage Act of the year 1996 along with the Theft of Trade Secrets Clarification Act formed in the year 2012 (Bently Sherman, 2014). Recently the Supreme Court of USA passed the judgment for Samsung in the conflict on the damages associated with the design of Apple's iPhone (Balakrishnan, 2016). The ruling says that the company does not has any liability to pay a huge amount of $399 million to a later company which was passed by the lower court previously (Kim, 2012). The figure asked shows the overall profits from the eleven products models. The issue started in the year 2011; when the company like Apple went on to sue Samsung because it copied different features of the design of its present devices and other features like grid presentation of apps. The lower courts passed judgment for Apple under the act of design patent infringement (Balakrishnan, 2016). The penalty was related to the basic federal law which goes on to say that the party which copied and used the design patented by other company to any specific article of producer stands liable to the level of the complete profit (Bau, 2013). The company also c ountered that the overall penalty is highly incorrect. Particularly, as per Samsung, Apple has no right to the total profit from the complete phone. However, only some amount of profit can be shared under such situation. The Supreme Court agreed to the logic and found the whole point presented by Apple very narrow (Kim et al., 2011). Pros and cons of the main point There is obviously a positive side of the coin which means that are some pros to save the rights related to intellectual property. Like for instance, things like a trademark, patent, and copyrights, these all features give the business extra benefits on competition. Features like trademark permit the company to build the brand and also be able to create a much stronger organization. This also applies to all the companies out there (Lemley, 2012). Features like copyrights make sure that the investor can own his or her creation with any plagiarism problem. Patents ensure that the process of innovation and invention along with motivation inventors completely discusses what can be invented and how the whole function will work. There are obviously so many positive sides of the intellectual property rights, but there are some drawbacks as well. For example, copyrights can be provided to the work that sometimes doesn't need or rather deserve protection under any kind law. Patents can be provided to so many shallow things like the company Amazon patented a picture of the white background is a perfect example of a patent joke. Other types of costs consist of saving the rights that can be very costly (May 2013). These high costs consist of Lawyers from, a cost of the court, settlement fees, and so many other types of costs that can rapidly mount and also make the protection of these rights a very expensive process for small as well as large organizations. Some companies, as well as people or professionals that should go for intellectual property protection, are obvious people. Companies like Apple or Samsung or Microsoft which are virtual companies that can grow a proprietary based product that can maintain the protection of the property right to save the market from being completely flooded with so many cheap kinds of imitations in the market (Biagioli Galison, 2014). It is important for the organization to save another kind of elements as well like logos and trademarks that recognized as the brand and also strengthen the brand. At the same time, not all kinds of businesses require this type of protection. The issue is to decide who needs it and who doesn't, as an answer can be mainly depending on the multiple factors that play in this. The ethics technique worksheet The case discusses the dispute which is going on between Samsung and Apple related to intellectual property rights. Apple sued Samsung in 2011 for copying the design and later asked for the compensation for the same. The amount claimed by the company was $399 million and later approved by the lower court (Canizares et al., 2013). Supreme Court in the US rejected this by saying the company cannot be part of the total profit of Samsung because the approach is too narrow. The issue of the case is related to intellectual property where Samsung copied the design of the Apple specifically the display of the phone. According to Supreme Court, focus only on the end product in market is narrow and the word of the law which are broad enough to consider either the total profit of the final product sold in market or in case of simple products like a element of the product in a very complex product like oven (Canizares et al, 2013). Both the companies were equally affected in this where Apple was trying to save its years of hard work to make it the most innovative company in the world. Samsung was also affected for a number of reason where on one side, the whole reputation of the company was at stake with the bad name brought by the whole controversy in addition to frivolous money asked by Apple in the form of compensation (Canizares et al., 2013). Apple will continue to fight for their rights and saves years of hard work that it has put in creating some of the most innovative products in the world. There are many things that Apple can do like it will keep fighting and try to make the case stronger in addition to the compensation. The company will try to set an example in the world where companies will understand the seriousness of the issue. Samsung will also try to save its reputation as well as the huge amount of compensation asked by Apple can cause a lot of losses in term of financial results. The best option for this situation is to have a mutual settlement between the companies, where Samsung agrees to pay a fair amount of money for the loss and the compensation from the mistake they have committed. Also, Apple will also have to understand that asking to be the part of the complete profit is not a right and a fair approach (Canizares et al., 2013). It is important that both the companies understand the issue and come up with a solution favorable for both. Conclusion The concept of the Intellectual property also called IP is associated with human minds for which some rights are set and identified. There are so many people like an innovator, or artists or business like Apple are provided with specific rights to so many intangible assets for a particular period. Along with saving the company's creation, organizations like Apple can also increase the overall value of the current IPs in so many ways (Biagioli Galison, 2014). They can either franchise or provide a license to transact the overall IP rights of the company. Reference Balakrishnan, A, (2016, Dec), Supreme Court sides with Samsung in Apple patent damages dispute. https://www.cnbc.com/2016/12/06/supreme-court-rules-for-samsung-in-apple-patent-case.html Bau, C. V. S. (2013).U.S. Patent No. D678,260. Washington, DC: U.S. Patent and Trademark Office. Bently, L., Sherman, B. (2014).Intellectual property law. Oxford University Press, USA. Biagioli, M., Galison, P. (2014).Scientific authorship: Credit and intellectual property in science. Routledge. Canizares, W. L., Green, C., Mecchella, M. L., Han, S. J., Nguyen, H. M. (2013).U.S. Patent No. D685,802. Washington, DC: U.S. Patent and Trademark Office. Cornish, W., Llewelyn, G. I. D., Aplin, T. (2013). Intellectual property: patents, copyright, trade marks allied rights. Kim, Y. Y. (2012).U.S. Patent No. D657,354. Washington, DC: U.S. Patent and Trademark Office. Kim, Y. Y., Kim, J. S., Kim, S. G. (2011).U.S. Patent No. D641,348. Washington, DC: U.S. Patent and Trademark Office. Lemley, M. A. (2012). Intellectual property and shrinkwrap licenses. May, C. (2013).The global political economy of intellectual property rights: The new enclosures?(Vol. 3). Routledge.