Friday, February 28, 2020

Ratio analysis Essay Example | Topics and Well Written Essays - 250 words

Ratio analysis - Essay Example Financial ratio has its advantages to the company and the customers in equal or less gravity. In an article of transoceanic financial ratio analysis, it is easy for customer to look how the stocks look like. Customer will find it easy to evaluate the company-using price to earnings ratio. Such metric valuation uses the wisdom that that nonoperational aspects of the company such as asset impairment can affect earnings per share (Xiao, 2014).With this valuation, the company and customer can make advised decisions while investing or rectifying the areas of problem. Financial ratio analysis is also advantageous in that it is easy to come up with the components of returns. Such returns include pre-taxed interest and the pre-taxed margin. The two are the core profitability of the company before interest and the taxes. The higher margins show better prospects of the company. Another component of return is the assets turnover. Asset turnover is the revenue generated for the expenses of the assets (Xiao, 2014). In the Transoceanic financial ratio analysis article, it has a higher number indicating it is efficient in using its assets. On the disadvantages side, financial ratio analysis has couple of demerits. First and foremost, the financial ratio analysis cannot be used singularly or standalone method. They must be used hand in hand with an aggregate economy. The full economic cycle must be factored in, during analysis. Secondly, inflation can badly bloat the company’s balance sheet. On such scenario, the profit of the company will be affected in a bad fashion. In the long run of the financial analysis, the judgment will be will be interrupted on the patches where inflation infiltrated the company’s balance sheet. Financial analysis thus has its advantage and

Tuesday, February 11, 2020

Leading change at Corus Essay Example | Topics and Well Written Essays - 1000 words

Leading change at Corus - Essay Example 91). Implementing change sometimes require a sense of urgency. Of immense importance is to understand change, drivers and barriers of change and identify strategies and initiatives geared towards leading change effectively. This study explores and examines changes that have occurred at Corus, how the company has managed them, barriers that have been faced concerning change and reasons for the changes. Tata Steel Group is the world’s sixth largest producer of steel. Corus forms part of the group in Europe being the second largest producer of steel in Europe with approximately  £12 billion annual revenue. Corus produces over 20 million tons annually in U.K. and Netherlands. The company has a global network of service centers and sales offices employing about 42000 staffs across globe (Corus, 2010). Corus has been a leader in supplying steel to various markets across the globe. Long Products Business is Corus’ business unit that manufactures steel in France, Scotland and England. The three units produce various steel products that range from wire rod to the steel plate to steel rail. Key markets for the Long Products Business include engineering, construction, mining, machinery, earthmoving equipment, fastening, rail and ship building. Continuous improvement gives business a competitive advantage enabling it to stick ahead of its competitors and also increase market share. Good use of experience and skills enables organizations to enhance better products and processes. In the context of Corus, the company uses continuous improvement to drive new and innovative products development and meet customers’ needs (Corus, 2010). Continuous improvement practices have enabled Corus to solve problems that face its steel works and win significant contracts. Continuous improvement practices coupled with the dynamic market environment gives