Saturday, May 16, 2020
Usa World Bank Essay - 1644 Words
Problem Solution: USA World Bank United World Bank (UWB) has experienced success in numerous worldwide ventures but is in need of developing profitable new products to expand market share. Some form of descriptive statistics is needed in order for them to be successful in organizing, summarizing accurately and presenting correct data to the board members. This paper will outline how UWB can use research and statistical concepts to help frame the right problem, define end state goals, identity alternatives and potential risks, and make the best business decision by implementing appropriate solutions. The first step to accomplishing this task is to understand the situation at UWB. Descriptive statistics are ââ¬Å"methods of organizing,â⬠¦show more contentâ⬠¦Mary did not communicate Jimââ¬â¢s new product idea to Brian, the President of New Product Development. It appears Mary is not putting the best interest of the company before her ideas. Over the years, only one possible proposal has been presented and a cted upon. Since this is the way things have been done in the past, the staff is adamant about having two ideas. This is an example of an untested opinion when people cling to untested opinions despite contrary evidence. In the indoctrination programs of less enlightened organizations, it is not unusual for new employees to hear, ââ¬Å"Thats the way weve always done it here (Cooper Schindler, 2003, ch. 2). Another major challenge is the lack of an accurate analysis, summary report and presentation to present to the Board of Directors. The current challenge is composing a proposal to be presented to the Board of Directors with accurate data analysis and facilitating the launch of a new product that the Board is in agreement with. USA World Bank has the opportunity to increase its profitability and market share and expand its customer base. Brian and his team have the opportunity to develop standard processes for researching and selected new products. He also has the opportunity to leverage Tomââ¬â¢s statistical expertise to overcome the obstacles to delivering the Instant Reward product. UWB will have the opportunity to launchShow MoreRelatedIncrease in the Significant Role in Compliance in Financial Service Firms727 Words à |à 3 Pageson, monitors and reports on the bankââ¬â¢s compliance risk, that is, the risk of legal or regulatory sanctions, financial loss, or loss to reputation a bank may suffer as a result of its failure to comply with all applicable laws, regulations, codes of conduct and standards of good practice. According to principles imposed by Basel Committee (2005), banksââ¬â¢ compliance should be independent and sufficiently resourced, clearly specified responsibilities, and periodically reviewed its activities by the internalRead MoreCorporate Financial Crime And Its Effects On Our Economy Essay1676 Words à |à 7 Pagesscenarios? In most circumstances the answer would be your bank. Paychecks are usually direct deposited or cashed in your bank account. You generally pay bills using your bankââ¬â¢s bill pay system. You can transfer or wire money from your bank account to another account using your bankââ¬â¢s system. You typically purchase items with your debit card or credit card. You utilize your bank daily for many of your needs. Now what happens when the bank that you trusted and have been loyal to is involved in aRead MoreCorporate Social Responsibility of Hsbc2219 Words à |à 9 PagesAbout HSBC Hongkong Shanghai Banking Corporation (HSBC) is one of the largest banking and financial services organizations in the world. We are the worlds local bank. Headquarter: London Network: HSBCs international network comprises around 8,000 offices in 88 countries and territories in Europe, the Asia-Pacific region, the Americas, the Middle East and Africa. Shareholders: With listings on the London, Hong Kong, New York, Paris and Bermuda stock exchanges, shares in HSBC Holdings plc are heldRead MoreMr. Kim s Pledge895 Words à |à 4 PagesJULY 11, 2013) ââ¬Å"Once viewed as the preserve of autocrats and corruption, some countries in Africa are now seen as the new, high-yield investment frontier.â⬠(Herbst, Jeffery and Mills, Greg, JULY 11, 2013) ââ¬Å"Low returns in the developed world have led to investors to look elsewhere for higher yields.â⬠(Herbst, Jeffery and Mills, Greg, JULY 11, 2013) This is a war zone of Congo violence. They have to deal with theft, murder, hostages, and a host other problems. Jim Yong Kim wantsRead MoreInternational economic institutions serve western interests. Do you agree?1500 Words à |à 6 Pagesinstitutions refer to the Bretton Woods institutions which are the IMF and World Bank which were created after World War 2 and GATT was also created after the war and later became the WTO. I agree with the statement, due to the disproportionate amount of power held by Western countries compared to the rest of the world and the fact that these institutions attempt to press or force western neo-Liberal values on the rest of the world. In this essay I will go through each individual economic institutionRead MoreThe Impacts of the IMF and the World Bank Essay937 Words à |à 4 PagesThe Impacts of the IMF and the World Bank The World Bank and the International Monetary fund make up major parts of the UNs Economic sector. For both institutions the groundwork was laid in the Bretton Woods conference. The World Banks initial task was to facilitate reconstruction in the post- World War II Europe. It generates capital fund from member state contributions and from international financial markers. Its loans are not designed to replace private capitalRead MoreThe World Bank And The Imf Essay1328 Words à |à 6 PagesThe World Bank and the IMF are collectively known as the Bretton Woods institutions. They were formed at a conference in Bretton Woods in New Hampshire with the aim to addressing concerns to do with stability of world economic markets. IMF is mainly tasked with offering surveillance, financial aid and technical assistance. IMF has 187 member states who each appoint a representative to the IMFââ¬â¢s board of Governors. The World Bank has its voting power controlled by the USA and it was built with theRead MoreZimbabwe s Economic Growth Of Zimbabwe Essay737 Words à |à 3 Pages1987, Zimbabwe experienced economic growth. In 1987, Zimbabwe experienced drought and foreign exchange crisis(Economy of Zimbabwe). Three years later in 1990, Zimbabwe launched World Bank s Economic Structural Adjustment Programme(ESAP). ESAP is a series of loans over a period of time, about 5 years, from IMF and World Bank. Countries who take loans must implement certain changes. In general, changes focus on making a country more market oriented, by implementing various privatization and deregulationRead MoreThe World Bank1416 Words à |à 6 Pagesthe World Bank credit, poor countries need to comply several conditions set by World Bank which are in most cases aim to promote good governance but also liberalise countries economy to open market. As the essay question suggests not all people support this neo-capitalist approach as it may result in tension, exploiting of one by the other, and impact negatively on both society and environment of the developing country. As a result of successful lobbying from civil society institutions, World BankRead MoreThe World And The Implications For Inequalities And Unevenness1429 Words à |à 6 Pagesassociated with the shrinking world and the implications for inequalities and un evenness. Due to globalisation people are more connected around the world than ever before. Global manufactured goods and services that are produced in a certain part of the world are increasingly available in all parts of the world. Also, international travel is more frequent and international communication is commonplace. ââ¬Å"Globalisation is an economic tidal wave that is sweeping over the world.â⬠It canââ¬â¢t be stopped, and
Wednesday, May 6, 2020
Society and Drug Use a Sociological Perspective - 2922 Words
In all societies, there are substances that are deemed as both not acceptable and acceptable for consumption. The laws today are a result of ever changing societal norms. Before a particular drug is discovered, it is not illegal; it simply exists in nature. When that substance is introduced into a society, it must be determined if its effects are in line with the societies morals which may be in large part regulated by the dominate religion. If it is proven to be beneficial to the society and abides by the social morals its use is largely unregulated. If an individual in that society that is not a part of the dominate religion uses an illegal substance, are they exhibiting deviant behavior or practicing their freedom of religion? Ofâ⬠¦show more contentâ⬠¦For example, the hippie or stoner stereotype that is placed on marijuana. These stereotypes often make their way into common language such as referring to someone as a crack-head, whether or not they use crack cocaine. Devian t behavior can actually be beneficial to society as it provides jobs for law enforcement, affirms cultural values and norms, clarifies moral boundaries, and responding to deviance brings people together (Macionis, 2009, p. 222-223). The Effect of Prohibition and Education on Drug Use Prohibition of substances has proven to be ineffective at lowering demand. For most of Americaââ¬â¢s history, both alcohol and cannabis (marijuana) were legal. During the prohibition of 1920, alcohol moved to the black market while leaving cannabis legal. This made drinking somewhat dangerous as there were now no controls on how it was produced and one may be stricken blind by gin that was prepared in a bathtub in an incorrect manner. The prohibition also allowed organized crime to capitalize on the demand of alcohol and in turn resulted in increased violence. As long as there is demand, someone will supply a product. The prohibition on alcohol was lifted in 1933 and on August 2, 1937, President Franklin Roosevelt signed the Marihuana Tax Act which enforced a new type of prohibition that is still in place (Fox, 2009, p. 49). Education of the dangers of using tobacco products resulted inShow MoreRelatedThe Sociological Paradigm Of Drugs And Drug Use1396 Words à |à 6 PagesSocieties define both the meanings of drugs and drug experience, with the definitions differing radically among different societies as well as subcultures and subgroups within the same society. Social groups and cultures define what kind of drug taking is appropriate, for example, alcohol use might be seen as appropriate among one group and inappropriate among other groups, such as among women and men. They also define which drugs are acceptable and which are not. Society also spell out the socialRead MoreConnecting Sociological Theory and Social Issues765 Words à |à 4 PagesConnecting Sociological Theory and Social Issues Drug abuse is a topic of sociological significance because it is all around our daily lives whether we want it to be or not. Drug abuse today can influence or impact our family, community, and the economic and political life. Whether the drugs that are being abused are prescribed or recreational it can lead to bad consequences that the abuser may not have intentionally caused. It is also an important aspect to social life which sociologists canRead MoreAubrey Longfield. 2/11/16. Soc 102. Chapter One: Thinking1414 Words à |à 6 Pagesthat someone has in society. Second that problems are recognized either through the things we see, or through things we hear through the media (radio, television, newspapers etc.). Some subjective elements of social problems are that: the issue is harmful to either society as whole, or a particular group within society, and change needs to occur. Ultimately, a social problem is ââ¬Å"A social problem is a social condition that a segment of society vie ws as harmful to members of society and in need of remedyRead MoreTheories on Crime1253 Words à |à 5 Pagescriminal behavior. Some of the major theories on crime include classical, positivist, individual trait, sociological, and integrated theories. Sociological Crime Theories: The sociological crime theories emerged from attempts by criminologists and sociologists in their evaluation of criminal behavior and other elements of criminal justice systems (Reid, 2008, p.96). However, the sociological theories and crime have contributed to the emergence of much disagreement because of the complicationsRead MoreThe And Its Effects On The Young Adult Population Of Lebanon972 Words à |à 4 Pages Friends told me that mixing it with water would be the safest way to take it. Others heavily insisted that snorting leads to a better high. Weighed down by all the pressure and hype, I listened to them and snorted the drug. MDMA, or its generic term ââ¬ËMollyââ¬â¢, was not a common drug in Lebanon. It was hard to get your hands on and would lead to severe punishment if caught with the substance in possession. Surprisingly, the consequences were more dire culturally than they were legally. Contrary to manyRead MoreBriefly Outline the Distinctive Features of the Soc iological Approach to Understanding Human Life and the Illustrate How You Would Use Sociology to Make Sense of Globalisation.1554 Words à |à 7 Pagesabout society. Instead it becomes a form of consciousness, a way of thinking, a critical way of seeing the world. It welcomes you to challenge the obvious, to question the world as it is taken for granted and to de-familiarising the familiar. This is what empowers critical thinking which triggers the development of the understanding of the human life. The aim of this essay is to outline the sociological approach to understanding human life , to explore the different sociological perspectives , toRead MoreCity of God949 Words à |à 4 PagesThough my perspective vastly varies from that of sociological theorists, I think we can both conclude that this movie is an extreme representation as to what can occur when society shuns away disadvantaged youths to a place that lacks justice as well as ethical and moral responsibilities. Sociol ogical perspectives regarding crime emphasize the interconnections between conformity and deviance in different social contexts (cite). In the following paper I will attempt to analyze three sociological theoriesRead MoreSubstance Abuse : A Social Problem1608 Words à |à 7 Pagesinto consideration because it is all too often neglected. According to the World Health Organization, substance abuse ââ¬Å"refers to the harmful or hazardous use of psychoactive substances, including alcohol and illicit drugsâ⬠(Substance). Individuals who become victims of substance abuse become dependent on and overindulge in substances such as drugs and alcohol. The outside forces in our world today influence behaviors including substance abuse, ultimately displaying the connection between social structureRead MoreDrug Abuse And The Unwinnable War1462 Words à |à 6 PagesDrug Abuse and the Unwinnable War Drugs are not a new thing by any means and have been commonplace in most cultures at one point or another. Throughout the known history of the world humans have used drugs to provide mind and mood altering experiences. Evidence of the production of alcohol can be traced back to the description of a brewery in an Egyptian papyrus as early as 3500 B.C (Fort, J. 1969). On a seemingly primal level, humans have always had some incessant need to alter their state of consciousnessRead MoreChemically Impaired Nurses1052 Words à |à 5 Pagesnurses have substance abuse problems. Substance abuse is defined as using excessive amounts of drugs or alcohol beyond their specified purpose. I chose to research this particular social problem because it concerns me that so many individuals are choosing to enter the nursing field to specifically help or care for the well-being of others, but are putting lives in danger by working under the influence of drugs and alcohol. Nurses handle, measure, and ad minister most of the medication given to hospitalized
Tuesday, May 5, 2020
Regions Regional Science Policy Practice - Myassignmenthelp.Com
Question: Discuss About The Regions Regional Science Policy Practice? Answer: Introducation The primary purpose of the paper is to evaluate accounting quality for Coca-Cola Amatil through accessing its accounting policies as well as estimates and also preparing an in-depth report on managers accounting and reporting strategy choice. The report has been formulated by the ASX Listing Rule of 4.2A. 3. Coca-cola Amatil is operational in six countries, that is: New Zealand, Australia, Samoa, Fiji, Papua New Guinea and Indonesia. The company positioned as amoung the best and principal manufacturers, and most competitive suppliers of ready to drink alcohol as well as non-alcoholic beverages is an important institution in the Asia Pacific regions. Coca-Cola owns the brands and manufacturers the concentrates of several non-alcoholic beverages that are locally manufactured by Amatil. Subsequently, this is an inclusion of Coca-Cola, Fanta, Powerade, and Sprite. Coca-Cola Amatil directly employs a rough estimation of over 14000 people as well as indirectly offer jobs to so many other individuals (Abwanzo, 2016). The supply chain in the companys operation is comprised of partnerships with the principal suppliers that work in manufacturing, packaging, and selling as well as distributing the vast range of products. Accounting policies are general principles, rules, and procedures that are imp lemented by a companys core management team and is used in the preparation of the companys financial statement. The process comprises of any methods, measurement systems as well as the procedure involved in presenting disclosures. The following section will extensively examine accounting policies and estimates used by CCA and a comparison of accounting policies and estimations used by its prime competitors. Segment Reporting The company operates in several segments which are grounded on results conveyed to the managing director of the group. Technically, the New Zealand and Fiji, Australia, and Indonesia, as well as PNG Non-Alcoholic Beverage segments, obtain their revenues from manufactures as well as marketing of some of the non-alcoholic beverages. Relatively, the financial statement of the group is seasonally affected by the timing of certain festivities in the respective countries most specifically within the CCA operational zones. The average trend is that revenue earnings and operating cash flows of CCA and the New Zealand based one are stronger in the second half of the financial year (Chance, 2017). This is attributed to the fact that the Christmas holiday is a trading period which automatically leads to associated effects on the working capital components. Also, the Ramadan period just like Christmas impacts the general timing of the Indonesian market within the financial year. The results in s egment criteria are based on remunerations before interest and substantial item basis. The net segment assets comprise of assets in operating and investing assets as well as the liabilities involved. However, this is exclusive of amounts in net debt. Net debt amounts are comprised of long-term deposits, cash assets and debt-related assets as well as legal liabilities. The net debts, income taxes, and net finance costs are handled at a group level and hence not reported internally specifically as a segmented level. The table below is a segment report based on the year 2015-2016. The table also takes into account net debts and assets for all subsidiaries of Coca Cola Amatil and the potential impact the statistics has on profitability The table below was computed to analyze the financial summary and income statements of Coca Cola Amatil taking specific consideration on trade revenue, EBIT significance and the total profit for the year attributable to shareholders in the fiscal year 2014-2015. The following section will also analyse the second accounting policy used by the CCA in its operation and financial statement reporting. A representation of the companys financial and result commentary which will be used to analyze the accounting policies used as well as the estimates of Coca-Cola Amatil. Financial Result Net profit credited to the stakeholders of Coca Cola Amatil grew to 183.9 million on the grounds of a Net profit which increased by 2.45% to an estimate of $186.3 million. Trading Revenue increased by a total of 4.8% which is a reflection of $2.4 billion The Earnings per Share increased to a 24.1 cents per share, thats a representation of 0.9% of the total estimates. Also, earnings before interest and tax was enhanced to $316.9 million, and thats an estimation of roughly 0.1%. The group operational results The business in the fiscal year of 2015 delivered first-half results consistent with the internal plans and guidance that had been previously anticipated. However, the results were achieved despite the hardships experienced in Australia and Indonesia regarding trading and economic conditions (Moore, 2017). In relation, CCA employed strategies that were implemented to reinforce the leading rank of the institution in its industry, and this is expected to generate a long-term shareholder value. On the other hand, the fiscal year 2014-2015 showcased a similar trend just as in the 2015-2016 annual report. The following is a representation of an Ebit Summary for the year 2015 The table below is also a computed Interim results commentary of the year 2016 for Coca Cola Amatil Limited and its subsidiaries. The variance results was computed using statistics from Australia, Indonesia and PNG and Fiji New Zealand. The EBIT results in 2016 pointed out that Australian Bevaerage EBIT decreased by 1.9% while struggling to address the structural adjustment in the market. On the other hand, the New Zealand and Fiji EBIT increased by an estimated 7.4% on a constant currency. Technically, this change was credited to the revenue and volume growth estimation. The increase in the Indonesia and Papua New Guinea EBIT by 71.4% contributed to a $14.6 million of reported earnings for Coca Cola Amatil. In relation, the net finance costs reduction of $15.0 million reflected a full year in the year 2016 from equity injection in 2015 hence lowering the interest rates of the Australian market. The beverage business in Australia conveyed an increase regarding volume and trading revenue which was embedded on aspects such as investment pricing, brand building, innovation as well as the route to market improvement. The investments, in this case, are financed from cost savings which are to be supplied in the better part of the second half. CCAs CSD volumes gained grounds when it delivered both volumes as well as value share gains despite the hostile environment of a challenging trading context which saw a decline in the inclusive CSD market. To counter this situation, CCA used packaging improvement, household penetration and pricing and marketing initiatives to deliver growth in the transaction. An overall reduction was however attributed to the target investment regarding pricing transversely across the majority of our customer base. Technically, the mentioned price investments were formulated against a backdrop of a fairly benign estimation of goods atmosphere. As per now, th e organization remains on pathway to convey its three-year cost-saving target of over $100 million and savings weighted for the second half. On the other hand, New Zealand and Fiji earnings increased by a rough estimation of 9.9%; this increase was attributed to strong performances in CSD and water. The two affiliates benefited from the buoyant economic crisis, and this was in particular regards to the very first quarter. In areas such as New Zealand, the concept of activation of strong market resulted in the market share growth in soft drinks as well as energy drinks but maintained its share in the CSD. Also, Indonesia and PNG had enhanced earnings with the Indonesian business supplying a solid volume growth as well as market share gains in terms of CSDs. The logic here is that the company CCA has continued to expand the market presence through improving the affordability of products and this has in turn aided the market leadership position in CSDs with the market share accumulatin g by five significant points from the mentioned year to the current date. In summary, other performance measures include Free cash flow, Return on capital employed (ROCE), Earnings per share, Net tangible asset (NTA) and backing per ordinary share of Coca Cola Amatil. Regarding sustainability, CCA sustainability framework is embedded on delivering real outcomes for its consumers, the environment as well as the community it operates in (Metzger, 2014). According to a 2015 sustainability report, there was an established new baseline that is committed to the continuous improvement regarding the organizations performance as well as reporting on an annual basis. CCA is also on the front line to ensure that it makes a positive change in the community that it operates in and hence acknowledges the regulatory landscape that is rapidly changing. Subsequently, this is with particular regards to environmental protection and the wellbeing of consumers (Faccio OBrien, 2015). The business demonstrates its willingness to address community as well as regulatory concerns through the following areas: Actively engage with all Australian state and also territory governments with plans to present CDS which is a container deposit scheme. Subsequently, this is done in the hopes that a new CDS will technically and consistently operate across every states in Australia with particularly minimized impact financially for manufacturers and consumers. Regarding consumer wellbeing, CCA acknowledges that it has an underlying role to play in terms of addressing the concept of obesity in the community (Ashley, 2017). Technically, this is achieved through an extensive partnership between the organization, community leaders, the government and other businesses. With the shifting landscape of consumer preferences, a great opportunity presents itself for the business to extensively improve its portfolio of products. The company in partnership with its brand partners are involved in reformulating products, reducing pack sizes and promoting advisable levels of individual lifestyles and preferences (Corea, 2016). An overview of the financial results indicates that as per 2016, CCA continually made solid evolvement in terms of implementation of business strategies as per the 2014 strategic review. In return, this attracts sustainable return for its relevant stakeholders. Also, an associated outcome of the same was a growth in the underlying EBIT of 3.5% as well as an underlying NPAT of approximately 6.2% for the annual year (Bender, 2014). In relation, the result by segment and business is an indication of the power of the diversity of the business portfolio and the robust contribution of the growth markets. While Australian Beverages also declined by 1.8 percent for the year which was attributed to a 6.8 percent increase in New Zealand and Fiji segment which is a representation of 15% of the groups earnings. SPC recorded losses for the year with an expected return to profitability. However, this transit in business took longer than it had been anticipated. To reduce the rate of share decline, a countermeasure of increasing promotional activity was used. However, this countermeasure was not effective enough in offset the continued price competition most specifically from imported products (Bernarto, Meilani Canoy, 2015). The carrying value of SPCs had been reduced to $156.3 million as a result of a $170.8 million after a tax non-cash impairment charge. Free cash flow of an estimation of $490 million in 2016 was also considered the maximum free cash flow that Coca Cola Amatil has reported in several years. Technically, this was approximate $100 million higher than the estimate of 2015 and also substantially higher than the dividend payments for that year. The concept of Cash Flow Cash flows, in this case, is embedded in business plans that are permitted by the Board of Directors. The utilization of cash flow projects for roughly five years now have potentially aided in the minimization of the reliance on residual values. The key inputs used in defining the cash flows included sales and royal rates. Technically, sales are embedded on a bussiness plan that is typically a three-year business plan that are appraised by the management. On the other hand, royalty rates are manipulated by market rates for equivalent brands adjusted for the cost linked with the maintenance of the brand. Any substantial change in key assumptions in the future if impairments had been previously recognized could end in the requirement to recognize any further impairment. On the other hand, regarding discount rates, the discount rates in this case are the weighted average cost of capital for the Group with particular regards to each brand and risk adjustment in areas that are applicable. Technically, operating cash flow was strongest with the cash realization increasing to 110.5 percent for the year, this was an increase of 17.8 points (Wilson Wilson, 2017). In 2016, the tax paid was relatively lower than the one paid in 2015 due to lower tax installments on the Australian earnings. The business also continues to invest in the supply chain capabilities across all the potential markets with the capital expenditure slightly under $300 million which was a $39.7 million increase from the previous year in 2015. Subsequently, this can be reflected through: The commencement of a capital investment program The ongoing investment particularly in Indonesian manufacturing capability improved productivity and efficiency in the supply chain process as well as an extension in the reach of our network and products. Investment in a new hot-fill production facility based in New Zealand was commissioned in the year 2016, the primary was to purpose-built facility and more than doubles the aptitude of the previous plants hence consolidates operations in what can be referred to as an accessible hub. In summary, the strong free cash flow results indicate that the balance sheet is incorporated in a very strong position. In relation, there was a decrease in net debt by an estimated $153.5 million to under $ 1 billion. The shareholder Value Proposition CCAs shareholders value proposition is a guide to the administration of the general varied markets and portfolio. Also, it stipulates the contribution that each department of the business contributes to the overall success and outcome of the Group. Technically, the primary target of the firm is the mid-single digit EPS growth as well as a strong balance sheet and the reoccurrence on capital. Specifically, in Australia, attempts are being made to make significant progress in rebalancing the portfolio, leveraging route-to-market and also revenue growth management capability (Alawattage, Wickramasinghe, Tsamenyi Uddin, 2017). The challenge of the overall market however still stands. In relation, the institution has the mandate to work towards stabilizing the business and ensure sustainability regarding low single-digit EBIT growth. SPC is a significant tool that is effectively used in modernizing the business. However, the profitability return is a process taking longer than anticipate d with an uncertain loss this year (Mialon et al. 2016). Regarding capital planning, the institution remains tailored with modest investment in Australia and New Zealand and also a more noteworthy investment in Indonesia so as to capture the medium to long-term growth. The approach is effective, however, it also has its underlying challenges like resulting in a sustainable level of EPS growth. Technically, EPS growth has strong disbursements and also a strong balance sheet for all the relevant stakeholders. Amatil Policies and Practices Amatils website an inclusive of the Corporate Governance section comprehends significant copies of key policies of Amatil as well as governance documents on the same (Wilson et al. 2015). Subsequently, this comprises of Amatils constitution, Board, and Committee Charters, corporate governance statement and Committee Charters, Code of Business Conduct as well as Whistleblower protection policy. Business and sustainability Risks The company is exposed to some risks including operational, financial, market alongside socio political that may implicate adverse risks on the future financial prospects of Coca-Cola Amatil. Technically, the impact as well nature of such underlying risks is expected to alter over time (Lanis, McClure Zirnsak, 2017). They also vary regarding the degree in which the institution can mitigate the problem. In relation, the compnay employed a framework for managing risks embedded on internal control systems that aim to counter the key business risks. Information on Coca-Cola Amatil Limited, risk management framework, is found in its Corporate Governance Statement under Recognize and Manage Risk. The key business risks include: Macro-Economic factors that impact competition and Demand The retail environment in New Zealand and Australia remains a central challenge as consumer spending is constantly subdued across some areas. However, this is with particular regards to beverage retailing and food retailing. A reflection of the same has been manifested in the proliferation of value, persistent retailing pricing pressure and private label beverages. Strong market and demographic fundamentals impact the Indonesian business but the growth in return continuously attracts more competition and hence placing more pressure on earnings. Also, another constant challenge for the group is the constant lack of liquidity in the local Papua New Guinea currency market. To maintain its position as a more cost-competitive institution, Amatil aims at implementing a range of strategic cost-out initiatives over 2017; it will also build scale and relevance in its operational market and also continues to manage its foreign exchange risks. Sparkling Soft Drinks Category Pressure The continuous decline of sparkling soft drink category in Australia and other areas such as Indonesia and New Zealand has created a risk to Amatils earnings. A primary factor that are credited for this change is the health and wellness concerns around sugar as well as artificiality that is quickly shifting consumer preferences towards more low and fewer kilojoule products. Subsequently, this trend is particular in developed countries. While this shift is taking place other beverages like non-carbonated beverages are experiencing strong growth and hence Coca Cola Amatil continuously build its shares in the specific categories. CCA has a close working relationship with The Coca-Cola Company to leverage it's Coca-Cola System leadership position in the category of sparkling soft drink and continues to take an impactful share of stills through production innovation as well as extending customer reach. Plastics Tax, Sugar Tax, Container Deposit Schemes The risks associated with regulatory interventions like proposed container deposit potential sugar, schemes as well as plastic tax is a major orientation of The Coca-Cola system. Beverage products consumption policies are produced by health and environmental advocates that exclusively focus on litter alongside obesity matters. Subsequently, this is oriented at government which seek novel revenue sources. CCA continuously engage with relevant stakeholders in attempts to raise impacts awareness of more regulations. Fund industry led initiative aimed at achieving objectives of public policy which have negligible influence on Amatil and consumers. Relationship with TCCC and other Brand Partners The relationship between the institution and its partners is a key concept in the achievement hence forming a fundamental share of the key strategies in the business. The TCCC branded products form the majority of Coca-Cola Amatil beverage business and hence rely on strong plans aligned towards its growth. Consequently, company endures to drive extensive alignment improvement with TCCC. Business continuity risks associated with utility disruptions, natural disasters, and regulatory changes It undertaks its operation in external-environments considered vulnerable to like utility disruptions, regulatory changes, and cyber threats and susceptible to natural disasters which can cause extensive business disruption (Kumarasiri, 2015). Relatively, business continuity framework has been put in place and are also regular tested to decrease potential effects disturbance. Additionally, sufficient covers of insurance has been put in place cross Group to aid in the business. In summary, financial statements are vital components since it is a variable that measures and summarizes economic consequences of business activities, like in this particular case study, the financial statement of CCA helped in underpinning several crucial aspects of the business. Financial statements are also considered a source of wide and comprehensive available data, particularly on publicly traded corporations. The accrual accounting information analyzed in the body of the paper aimed at reflecting the expectations of the economic performance of Coca-Cola Amatil. Auditing, as well as Accounting standards, work hand in hand to ensure that financial reports meet the expected standards. A competitive advantage is critical in ensuring that CCA stands out in its respective industry. References Abwanzo, B. N. (2016). The Ad Putting and Promotion of Coke-Cola in Australia. Alawattage, C., Wickramasinghe, D., Tsamenyi, M., Uddin, S. (2017). Doing critical management accounting research in emerging economies.Advances in Scientific and Applied Accounting,10(2), 177-188. Ashley, R. (2017). Coca-Cola Amatil: Insights from the company auditing.Equity,31(6), 16. Bender, A. (2014). Taking matters into their own hands.CIO, (Summer 2014), 32. Bernarto, I., Meilani, Y. F. C. P., Canoy Jr, L. M. (2015). THE EFFECTS OF BRAND CREDIBILITY, BRAND COMMITMENT, LOYALTY INTENTION TO BRAND EQUITY Sharon.E-Proceeding of,2015, 113. Chance, M. J. (2017). Quality Control Air Produk Minuman Berkabonasi Fanta Strawberry RGB 295 Ml Secara Mikrobiologi Di PT Coca Cola Amatil Indonesia Central Java. Corea, G. (2016). Global value chain: the Coca-Cola system. Faccio, M., OBrien, W. (2015).Business groups and internal markets for human capital. Working Paper, Krannert School of Management Purdue University. Faccio, M., O'Brien, W. (2015). Business Groups and Employment. Kumarasiri, J. (2015). Use of management accounting practices in carbon emission management: Evidence from Australian companies.Journal of Contemporary Issues in Business and Government, The,21(1), 5. Lanis, R., McClure, R., Zirnsak, M. (2017). Tax aggressiveness of alcohol and bottling companies in Australia. Metzger, K. (2014). The Import of Culture? The Coca Cola Company in America and Australia. Mialon, M., Swinburn, B., Wate, J., Tukana, I., Sacks, G. (2016). Analysis of the corporate political activity of major food industry actors in Fiji.Globalization and health,12(1), 18. Moore, B. (2017). Queensland report.Equity,31(6), 20. Wilson, B., Hogan, A., Cuthill, M., Baker, D., Buys, L., Burton, L. (2015). Someone else's boom but always our bust: Australia as a derivative economy, implications for regions.Regional Science Policy Practice,7(2), 75-87. Wilson, R. E., Wilson, R. E. (2017). Coca-Cola Amatil: A Bottler Recharging Growth With Energy Drinks.Kellogg School of Management Cases, 1-15.
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