Tuesday, February 18, 2020

Eggsactly LTD Essay Example | Topics and Well Written Essays - 2500 words

Eggsactly LTD - Essay Example It has two departments viz. the sales department and the production department. Present scenario included the fact that the market had continued with the original enthusiasm exhibited in this machine and continued to demand more and more of such machines. However despite such a robust demand the company was not as profitable as expected due to certain cost considerations. There are two complimentary approaches to improve the profitability of the concern. One is to increase the funds position of the concern by inviting new capital into the company. This would automatically result in expansion of the production base of the company and hopefully, result in the spreading of most fixed costs on a higher production base thus improving the profits. Second approach is to follow careful budgeting process in the concern covering all of its operations. In fact budgeting process has been missing entirely at the concern with reported mismatches in sales forecast and resultant carrying over of the finished goods' inventories. Ideally the concern would benefit the most if the two approaches are taken in tandem as following second approach would not only help control the fixed costs but also the variable costs would be streamlined. In addition, the budgeting system proposed is likely to be responsibility linked budgeting system in which each executive would be assigned the key budgeted figures and be accountable and responsible for variations if significant. Sales Function Merely an over enthusiastic top executive is no guarantee to a successful sales function. This enthusiasm is, in part, attributable to the fact that the product to be sold is a successful product idea in its present form and features and is well accepted by the market and there is not much need to take up conscious advertising and media campaign. Due to this fact, while it is conceded that normal marketing strategy can be reduced to selling function in case of Eggsactly Ltd; even the vanilla sales function needs to be planned carefully and tied up with the production department. This can come through an integrated budgeting system where in the sales budget is linked and integrated with the production budget. The Sales manager would be accountable for key budgeted figures in the sales budget. The Sales Manager can, in turn, pass down, the accountability down the line to his sales executives, who may be assigned this accountability according to distribution of sales targets to them. A s part of individual initiatives the Sales Manager must look into the aspect of high turnover in his department. Some staff retention incentives can be introduced which are linked with sales targets and accountability which would help reduce the high turnover of the staff in Sales department. After this entire budgeting process must be reckoned in all its possibilities for Eggsactly Ltd and end in he choice of the best alternative which suits contextual realities of the concern. Budgeting Process Budgets are drawn to assist in clarifying and attaining business objectives. These objectives can be varied but can be commonly listed as minimizing costs/controlling expenditures, increasing revenues, gaining a higher market share, improving spread/margins (through increased sales), etc. Therefore, a statement of identified objectives becomes important at the commencement of

Monday, February 3, 2020

History 11UT Essay Example | Topics and Well Written Essays - 1000 words

History 11UT - Essay Example Back at home, pressure over the end to segregation of race was mounting and was heightened by the case between Brown versus the Board of Education. He, however, managed to quell down the pressure by offering direction and support to the African American students who faced racial segregation despite the ruing of the courts. Though his intervention came later on after the protest, the action he took to resolve the situation is commendable. Analyze Eisenhower’s foreign policy or his domestic policy. Domestic policy President Dwight domestic policy was characterized by following the rule of law. He made sure that the people of America respected the authorities and more so the rulings made by the Supreme Court. The Supreme Court had made a ruling in the Brown versus Education Board case that segregation of race in public schools was unconstitutional. However, the Governor of Arkansas defied this ruling by ordering troops in stopping nine African American students from attending an all-white school in Little Rock. This action sparked nation-wide protest forcing the president to intervene (Ayers, 2009). It is the ruling of the president in this scenario that showed his commitment to the rule of law. He order Federal troops to maintain law and order as the African American students attended these ‘white’ schools. ... The Supreme Court found out the racial segregation in public schools was unconstitutional since it conflicted with the equal protection clause that is included in the fourteenth amendment. This means that African American students could be allowed in public schools that were persevered for the whites. However, this decision faced numerous challenges, which included protests from various parts of the state (Ayers, 2009). Montgomery bus boycott, on the other hand, was a civil rights movement that campaigned against racial segregation in public transport system. The boycott was sparked by Rosa Parks, a civil rights activist, when she was forcefully arrested after refusing to give her seat to a white person in a public commuter bus. The boycott resulted to a ruling by the Supreme Court that declared segregation of race in public transport system unconstitutional. These two events were particularly crucial to the development of the civil rights movement since they introduced significant c hanges in the constitution that declared racial segregation unconstitutional. The events also helped profile the plight of civil activist since they received considerable public interest including the attention of the president. Both events were crucial, since they both highlighted racial segregation, in different situations in the United States. For instance, Brown’s decision highlighted segregation in schools while the Montgomery boycotts highlighted segregation in the public transport system. These events were successful in championing the civil rights of the black community in America. This was made possible by the United States Court which made a ruling in their favor. In both cases, the