Starbucks’ Mission & Strategic Choices

Starbucks' Mission and Strategic Choices: Are They in Alignment? Official Summary This paper inspects key administration, which includes business choices and activities that: characterize the association's crucial destinations, decide the best use of authoritative assets, select best game-plans to meet its strategic, try to guarantee the viability of the association inside nature. This contextual analysis assesses the vital administration process, and applies those ideas to a functional contextual analysis of Starbuck’s statement of purpose. This contextual investigation is introduced in the arrangement of a proper business report †arranged by an advisor and introduced to the Starbucks' Board of Directors and CEO †that gives an examination of Starbucks' crucial vital decisions, and a synopsis of the arrangement of those techniques to its strategic. This report depends on a basic survey of the Starbuck statement of purpose, objectives, and destinations, which is then thought about against the vital decisions that Starbucks has made (e. g. item separation, innovative work, activities) to decide how well Starbuck’s key decisions are adjusted to the company’s strategic vision. At last, this investigation addresses the inquiry: Will the organization proceed with its pastâ success? Randy Tanner, 2009 Starbucks' Mission and Strategic Choices: Are They in Alignment? Spread Sheet: Starbucks Corp. 2401 Utah Avenue South Seattle, WA 98134 Phone: 206-447-1575 Fax: 206-682-7570 Web Site: http://www. starbucks . com Business Plan introduced to:Howard Schultz, Chairman of the Board, President, CEO Starbucks Board of Directors Arranged by:Randy S. Leather treater Statement of Purpose:Analysis of Starbucks' Mission and Strategic Choices: Are They in Alignment? Chapter by chapter guide Executive Summary4 Background4 Company Description4 Starbucks' Mission, Vision, Goals and Objectives. 4 Strategies. 5 Management Team. 6 Business Model. 6 Infrastructure7 Offering. 7 Revenue Model. 7 Pricing. 8 Customers. 8 Competitors. 8 Stakeholders. 8 Marketing Strategy. 9 Financials. 9 Analysis10 Company Analysis. 10 Current Marketing Mix Strategies (Product, Price, People, and Promotion). 10 Current Target Markets10 Market Analysis. 10 Competition and SWOT Analysis. 11 Competitive preferred position. 12 Financial Analysis. 12 Conclusion13 Are Starbucks' crucial key decisions in arrangement? 13 Will the organization proceed with its pastâ success? 13 Executive Summary Are Starbucks' crucial key decisions in arrangement? Truly. The methodologies of advancement, item separation, and client experience are straightforwardly lined up with Starbucks distributed strategic set up Starbucks as the chief purveyor of the best espresso in the world,† while â€Å"inspiring and nurturing† the soul of their clients. Starbucks keeps on applying systems to grow its item offering in both broadness and profundity. Combined with this methodology is the development of substitute appropriation channels to duplicate the potential in expanded incomes. Each offering in the item portfolio fortifies the brand name and quality experience portrayed in the company’s vision articulation. The ongoing spotlight on expanding benefits in existing stores isn't a move of business methodology, however all the more a manifestation of business development †less waste equivalents more benefit. The enterprise has tempered its unique objective of market predominance by immersion †easing back its development in new stores †to advertise strength with increasingly proficient and progressively beneficial stores with its procedure of trained extension in key markets. The procedure of utilizing the Seattle’s Best fragment, bad habit Starbucks to grow the base of corporate clients likewise underpins Starbucks’s prime strategic. This rise of Seattle’s Best doesn't make a corporate-supported contender to the close by Starbucks stores, yet serves as an other dissemination channel for the company’s extended product offering. Consequently, this system bolsters the general brand nature of Starbucks as the â€Å"premier coffee,† yet catches extra clients that don't look for the marked Starbuck experience and would almost certainly pick one the specialty contenders. This procedure can take into account a somewhat extraordinary customer base †in both espresso stores and markets †and increment by and large corporate incomes. Will the organization proceed with its past progress? Truly. A proceeded with accentuation on consumer loyalty, combined with compelling methodologies that grow new product offerings, will invigorate income development and balance out offer costs. The present vision and way summed up by Starbucks president and CEO, Howard Schultz, is a pledge to â€Å"continually improving our client experience as the guide to recharged development and expanding profitability,† with accentuation on proceeded with use of beforehand fruitful systems, â€Å"we will proceed to enhance and separate, two lasting signs of the Starbucks brand. † (Starbucks Financial Releases, 2009) Background Vital administration is â€Å"a all inclusive procedure that includesâ a long haul game plan that aids achievingâ anâ organization's goals andâ fulfills organization vision,† (course material) and is involved four significant components: circumstance investigation, methodology detailing, technique usage, and system assessment. (Bushman, (2007) This Strategic Management process incorporates the accompanying advances: (Luca, 2009) 1. Building up a Vision/Mission/Goals and Objectives 2. Dissecting the earth organization (inner and outer) 3. Recognizing inward Strengths and Weaknesses and outer Threats and Opportunities (SWOT) 4. Articulatingâ strategic decisions at the business, practical, and corporate levels 5. Choosing a system or procedures, in view of top to bottom inside and outside examinations, to achieve vision and mission objectives. These techniques may exist at a few levels: business, practical, corporate, and worldwide. Organization Description According to the company’s Factsheet (2009), Starbucks was established in 1971 in Seattle’s Pike Place Market. The first name of â€Å"Starbucks Coffee, Tea and Spices† was later changed to â€Å"Starbucks Coffee Company. As cited from Google Finance (Starbucks Corporation, 2009), Starbucks, along with its auxiliaries, â€Å"purchases and broils entire bean espressos sells them, alongside new, rich-prepared espressos, style coffee refreshments, cold mixed drinks, reciprocal food things, a determination of premium teas, and espresso related ext ras and gear, through Company-worked retail locations. Starbucks likewise sells espresso and tea items and licenses its trademark through different channels. Starbucks creates and offers a scope of prepared to-drink refreshments. The business portions of the Company are United States, International, and Global Consumer Products Group (CPG). The CPG fragment incorporates bundled espresso and tea sold internationally through channels, for example, markets and works through joint endeavors and authorizing game plans with buyer items colleagues. † Starbucks' Mission, Vision, Goals and Objectives. Statements of purpose are â€Å"fundamental to the endurance and development of any business,† (Analoui and Karami, 2002) and â€Å"set the course and objective as long as possible, mirroring the key goal. (course material) According to Germain and Cooper (1990), a suitable statement of purpose serves to â€Å"promote a feeling of shared desires among representatives and impart an open picture of the firm to significant partners and gatherings in the organization's assignment condition. † Starbucks’ statement of purpose as expressed in the corporate Factsheet (2009) is â€Å"To build up Starb ucks as the chief purveyor of the best espresso on the planet while keeping up our firm standards as we develop. The company’s expressed Vision, Goals, and Objectives might be discovered recorded as â€Å"Our Starbucks Mission† in the corporate site (The Company, 2009). This vision is communicated as â€Å"To move and support the human spirit†one individual, one cup, and each area in turn. † Some of the company’s destinations †alluded to as â€Å"guiding principles† †remembered for that vital vision center around: 1. Nature of the espresso 2. Powerful organizations 3. Human association with clients 4. Novel environment of the retail locations that empowers social collaboration 5. Being acknowledged as neighbor in the network 6. Commitment to investors (long haul achievement and productivity) Strategies. The first concentration since the company’s starting has been on item separation, in both the item and the store setting. This system stresses an excellent item served in a one of a kind air. Some guaranteed strategies utilized to execute these methodologies are to: (Factsheet, 2009) †¢ Provide an incredible workplace and approach each other with deference and pride. †¢ Embrace assorted variety as a fundamental segment in the manner we work together. †¢ Apply the best expectations of greatness to the buying, broiling, and new conveyance of our espresso. Grow excitedly fulfilled clients constantly. †¢ Contribute emphatically to our networks and our condition. †¢ Recognize that gainfulness is fundamental to our future achievement Historical Strategies for business development noted in the 2006 shareholder’s meeting included proceeded with extension of retail locations, an d extension of the company’s arrangement of one of a kind and inventive items â€Å"to claim to a wide shopper base. † (Business Wire, 2006) These items included: †¢ Premium and exclusive food contributions as a segment of the Starbucks Experience. Presentation of warm breakfast

Measurement Techniques In Dentistry Health And Social Care Essay

The overview of Medicine and dental medication has extended enormously in the course of the last 150 mature ages with the improvement of numerous new look intoing strategies. A wide extent of immediate and roundabout estimating procedures have been utilized to acquire informations on the morphology of the getting teeth. In the days of old, examine laborers utilized the contact technique for tooth estimating using straightforward apparatuses, for example, a Millimeter adaptable swayer or a slide adjusted Caliper for dental actors measurings. With the advancements in picture preparing and picture taking, planar ( 2D ) and 3-dimensional ( 3D ) strategies started to be utilized in tooth measurings. The incorporating of processing machine based picture investigation in 2D and 3D estimating has more distant improved research. Early interchange assaults included measurings from photographic pictures and optical maser refined occlusograms each piece great as Holograms for the occlusal aspect s of dental medication. Top notch pictures utilized for the aim of clinical and research surveies require the use of cutting edge and modern types of gear. Past twin surveies including dental morphology have affirmed a solid familial part to the learned change, so comparings between monozygotic ( MZ ) co-twins who partition similar cistrons have would in general focus on similitudes between their teethings rather than contrasts. While measurings performed straight on dentitions end up being hard in footings of trustworthiness, measurings of dental dramatis personaes either physically or through the utilization of arranged supplies and processing machine plans created the most precise and reliable outcomes. Surveies have accomplished precise estimating of dentitions demoing the vacillation in tooth morphology. Various gadgets have been utilized for this plan ; each will be outlined as follows:1.2 Two Dimensional Methods in tooth measuringMechanical strategies are as yet the simple and practical chronicle strategy for the estimating of tooth size by most research laborers. Ballard ( 1944 ) , Nance ( 1947 ) , Hixon and Oldfaher ( 1958 ) , Barrett et Al. ( 1963 ) , and Moorrees et Al. ( 1957 ) all recommended a similar essential standards for entering measurements of dental actors. The mass utilized dramatis personaes hypothetical records of mortar of Paris poured from alginate sentiments. Barrett et Al. ( 1963 ) utilized dramatis personaes made of dental stone and revealed that intra-oral measurings taken straight in oral pit are less exact than those taken from dental dramatis personaes. Peck and Peck ( 1972a ) estimated the mesio-distal and facio-lingual elements of dentitions straight intra-orally.1.2.1 Millimeter adaptable swayer:During the prior yearss, straightforward instruments, for example, a support of splitters with a millimeter swayer were utilized as a contact strategy for tooth measurings. ( Black CV, 1902, Ballard ML, 1944 and Bolton WA 1958 ) . In spite of being the balance for tooth measurings yet it had some familial limitations with regards to the difficulty in straight mensurating teeth measurements. In addition, measurable investigation, at that cut, was non each piece created as presents.1.2.2 Calipers and splitters:Calipers are utilized to mensurate the separation between two evenly rival sides. Utilizing a support of calipers is as yet a typical technique to execut e measurings on dental mortar dramatis personaes. Regularly, measurings on a dental actors are performed using Vernier Calipers or splitters ( A Vernier graduated table is an extra graduated table which permits a separation or edge estimating to be perused more precisely than straight perusing a consistently isolated hetero or round estimating graduated table. It is a skiding optional graduated table that is utilized to bespeak where the estimating lies when it is in the middle of two of the Markss on the boss graduated table ) which are exactness instruments that can be utilized to mensurate inner and outside separations exceptionally precisely. ( Fig.1 ) Selmer-Olsen R, ( 1954 ) and Hunter WS, Priest WR ( 1960 ) did dental performers measurings by skiding graduated calipers along and over the dentition. The strategy was seen as trustworthy. Moorrees et al,1957 got the mesiodistal crown measurement of a tooth by mensurating the best separation between the contact focuses on its approximal surfaces, using a skiding caliper held equal both to the occlusal and vestibular surfaces. Numerous procedures and strategies were portrayed to mensurate tooth measurements, and numerous surveies utilized various techniques to acquire their results, some of which are recorded underneath. Jensen E ( 1957 ) acquired the mesiodistal crown width of a tooth by mensurating the best separation between the contact focuses on its approximal surfaces using a skiding caliper held equal both to the occlusal and vestibular surfaces. He analyzed the normal mesiodistal Crown distances across for the two unique examples of Swedish children and discovered factually significant contrasts for the enduring upper jaw and inframaxillary incisors and eyetooths of the male childs and of the misss. Tracker and Priest ( 1960 ) uncovered that mensurating teeth size on mortar dramatis personaes is simpler than in the oral hole. In case of the second bicuspid and molars the actors measurings were reliably 0.1mm more noteworthy than measurings acquired in oral cavity. In any case, for the measurings of foremost dentitions, no significant contrasts were found. Besides, they estimated and analyzed soaped versus non-soaped hypothetical records and uncovered that the soaped hypothetical records estimated gently more noteworthy in generally speaking measurements. Be that as it may, this expansion was non significant each piece far as single dentitions were concerned.In general ; measurings got from dental dramatis personaes are more reliable and more precise than direct estimating got in the oral pit, especially of the back dentition ( Doris et al. 1981 ) . Two boss instruments have been utilized for mensurating tooth measurements: 1. Skiding calipers with a vernier graduated table, and 2. Building splitters utilized in simultaneousness with a millimeter guideline. Ghose et, al ( 1979 ) utilized skiding calipers with a vernier graduated table to do measurings with a reality of and A ; Acirc ; Â ±O.1mm. The mensurating tips of the calipers were uncommonly highlighted transport out exact measurings. The skiding calipers were held corresponding to the occlusal and vestibular surfaces of the Crown to mensurate the mesiodistal crown distance across of a tooth. This was accomplished by mensurating the best separation between the approximative surfaces of the Crown. In the case of pivoted or malposed tooth, corresponding to the dental curve, the estimating was taken between the focuses on the approximative surface of the Crown, where it was decided that typical contact should hold happened with the neighboring dentition. They other than found that the mesiodistal measurings for the Iraqi guys were bigger than that for the females, however close to saw that the distinction simply arrived at the level of hugeness in the eyetooths and the lower left first processor. Olayinka et Al ( 1996 ) utilized electronic computerized caliper ( Mitutoyo, Japan ) and thought about the mesiodistal and buccolingual crown measurements of the enduring dentition in Nigerian and British populaces. Kieser 1990 expressed that tooth length and width speak to the most broadly perceived of human qualities. These measurings give of import data on such occupations as human natural familial connections between human populace and ecological rendition. Present day advanced calipers are accessible for naturally entering the separation estimated, however reality and accuracy relies upon technique normalization. Ringer and A. F. Ayoub ( 2003 ) estimated the tooth measurements using mensurating calipers, like the Vernier calipers ( Fig. 1 ) . The tips of the caliper were put on a particular milestone and the measurings were taken by perusing the good ways from the swayer on the caliper. Zilberman et Al, ( 2003 ) analyzed the facts of mensurating dramatis personaes with electronic calipers and OrthoCAD strategies. They made 20 typodont apparatuss with incredible dentitions holding arranged malocclusions and took sentiments of them. Both mortar and advanced hypothetical records were made, and tooth size, intercanine expansiveness, and intermolar broadness measurings were taken from the typodonts. Outcomes demonstrated that all techniques for measurings were incredibly legitimate and steady for tooth size, intercanine broadness, and intermolar expansiveness. In any case, looking at of the electronic calipers and advanced measurings uncovered that the measurings on the mortar hypothetical records made with electronic calipers had more noteworthy truth and duplicability than the OrthoCAD assault. Susan N. et, Al ( 2005 ) utilized orthodontic hypothetical records to re-structure the mesiodistal tooth broadness from first processor to first processor. The readings were acquired by mensurating the best separation between the contact focuses on proximal surfaces using a Munchner ( Munich, Germany ) vernier measure caliper. They other than estimated the curve length and curve broadness between eyetooths, bicuspids, and first processors. Three focuses were chosen to mensurate the curve broadness between every tooth and its equal on the contralateral viz. : the separation between the buccal cusp on the correct side to the buccal cusp on the left side, separation between the cardinal pit to cardinal pit, and the separation between the phonetic cusp to the semantic cusp. In the case of first processors, the measurings were produced using the mesiobuccal and mesiolingual cusps to the mesiobuccal and mesiolingual cusps of the contralateral processor severally. Tracker and Priest ( 1960 ) performed two distinct methods of measurings ; on dramatis personaes and in the oral depression with splitters and with skiding calipers. They discovered contrasts between two arrangements of redundancy dramatis

Trazodone Potential Side Effects

Trazodone Potential Side Effects Bipolar Disorder Treatment Medications Print Common Side Effects and Overdose Symptoms of Trazodone By Marcia Purse Marcia Purse is a mental health writer and bipolar disorder advocate who brings strong research skills and personal experiences to her writing. Learn about our editorial policy Marcia Purse Medically reviewed by Medically reviewed by Steven Gans, MD on August 05, 2016 Steven Gans, MD is board-certified in psychiatry and is an active supervisor, teacher, and mentor at Massachusetts General Hospital. Learn about our Medical Review Board Steven Gans, MD Updated on January 05, 2020 Mariam Ushkhvani / EyeEm / Getty Images More in Bipolar Disorder Treatment Medications Symptoms Diagnosis In This Article Table of Contents Expand Uses Common Side Effects Less Common Side Effects When to See a Doctor Signs of Overdose Withdrawal Symptoms Rare but Serious Side Effects View All Back To Top Trazodone, an antidepressant sometimes used in treating bipolar disorder, is often prescribed to treat insomnia because its most frequent side effect is sedation.?? Trazodones original brand name is Desyrel, and there is an extended-release form sold under the brand name Oleptro. Uses  in Bipolar Disorder Trazodone may be used to treat the depressive symptoms of bipolar disorder, or it may be used to help with insomnia. Common Side Effects These common side effects of trazodone may lessen or stop altogether once your system gets used to the medication.?? Check with your doctor if any of the following side effects dont go away or are bothersome: Dizziness or lightheadednessDrowsiness/sleepinessDry mouthHeadacheNauseaFatigueBlurred visionConstipationDiarrheaBack painSexual dysfunction (decreased desire or performance ability) Trazodones sedating effect is so common that the drug is prescribed for sleep problems. Consequently, do not to engage in potentially hazardous activities, including driving, until you know how this drug affects you. Less Common Side Effects Always notify your doctor as soon as possible if you experience any of these less common side effects:?? Abdominal painMuscle achesProblems with coordination or memoryMigraineTinglingAgitationDisorientationShortness of breathNight sweatsUrgent need to urinateVomitingVisual disturbanceConfusionDrop in blood pressure when standing up (orthostatic hypotension)Muscle tremorsHearing problemsTinnitusAbnormal gaitMuscle twitchingAmnesiaSensitivity to lightSpeech problemsBladder pain or incontinenceFlushing (skin becoming red and warm)Fainting (syncope)Fast or slow heartbeatSkin rashUnusual excitement How Trazodone Impacts Sex When to Seek Medical Attention Stop taking this medicine and seek emergency medical attention if the following side effect occurs: Painful, prolonged erection of the penis. This condition, called priapism, can result in permanent damage to erectile tissues if not treated promptly.?? Black Box Warning Like all antidepressants, trazodone is required to carry a warning regarding the increased possibility of suicidal thinking or behavior in young adults (24 and under), adolescents, and children. Talk to your doctor right away if you or a family member is experiencing suicidal thoughts. Signs of Overdose Notify your doctor or poison control center immediately if you or a loved one have potentially overdosed on trazodone and show any of these symptoms:?? DrowsinessLoss of muscle coordinationNausea and vomitingA painful erection that does not go awayRespiratory arrestSeizuresSlower or faster heartbeat Withdrawal Symptoms As with other antidepressants, its important to not discontinue trazodone without your doctors approval and guidance. You will likely be put on a tapering schedule so that the medication has a chance to gradually work its way out of your system, decreasing your risk for unpleasant effects. Withdrawal symptoms that may occur, especially if you stop using trazodone suddenly, include:?? AnxietyAgitationSleep disturbances Other Rare but Serious Side Effects Serotonin syndrome, a serious, potentially life-threatening illness caused by too much serotonin in the body.??Hyponatremia, a low concentration of sodium in the blood.Abnormal bleeding, especially when combined with drugs that can irritate the stomach, including aspirin, ibuprofen, and naproxen.

Case Analysis Essay - 885 Words

Case Analysis Background In early April, ABC Inc., needed to recruit several new hires. These new trainees needed to be ready to work by June 15. During this case study we will discuss the problems that the company and its workers had to confront. Carl Robins had been hired six months earlier as the campus recruiter. He had just graduated from a community college and was extremely excited to commence his work at ABC Inc. Carl was known as an industrious man, who had to work his way through to college. Coming from a low income family, Carl had to attend school and work full time to pay for his education. This was Carl’s big opportunity to begin his lifelong journey. Monica Carrolls had worked for ABC Inc., for more than 25 years as†¦show more content†¦Carl went for a walk to clear up his head and come up with a solution to the horror he was living. Analysis After going for a walk, Carl re-organized his task. He prioritized the tasks needed to get done sooner. The most important task was getting the new hires tested for drugs. Carl called a nearby clinic and scheduled the most available dates for testing. Fortunately he was able to schedule the new hires that were missing the drug test. Carl decided it was time to ask for help, he send an email to Monica letting her know about the situations. In that same email he included the barriers he come up with and what he was planning to do. Carl asked Monica if she could re-schedule the technology specialist department for the month of July instead of June. He also wrote that he needed help organizing the orientation manuals. As soon as Monica saw the email, she wanted answer. She scheduled a conference call with Carl and her boss Daniel Ross. The purpose of the meeting was to investigate why the material was not ready and the new hires application was not complete. Carl began the conversation by apologizing and informing them both of the situation. 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Fast Food and Obesity - 1681 Words

Is Fast Food Causing Obesity or Are We? Obesity is a growing problem in America that has serious consequences for us and our children. Some would argue this growing predicament is due to the poor choices made by the fast food industries and the unhealthy foods they have available to the public. Others like the Center for Consumer Freedom, would argue that it is not only their choice to eat healthy or unhealthy but also every individuals right as Americans to make that choice without the interference of our government . Where exactly does that leave the children of America though? Children are taught to obey their parents and/or guardians and to do as they are told. If parents are feeding their children unhealthy food the children†¦show more content†¦It is our choice to get into our cars and drive to these restaurants just as it is our choice to wait in line and order that whooper with a large coke. Part of being in America is having the freedom to make choices for ourselves. Pointing the blame at others is much easier than looking at ourselves and realizing that we are becoming obese and have health problems caused by unhealthy foods because of the choices we have made for ourselves. Fast food is not only found at the drive-thru diners with the golden arches or the giant burgers in front of their buildings although they are the most common thing we think of when we hear the term â€Å"fast foodâ€Å". Fast food is any food that is quick, convenient, and inexpensive for the most part. It can be bought just about anywhere that sells food and snacks. Vending machines play a huge part in bad food choices. They are found in most offices and schools for people on the go to grab a quick bite. Twenty-four hour convenience stores are probably the most common places to find fast food but we don’t usually think of it as fast food because it isn’t sold threw a drive-thru restaurant. 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The food is often high in sugar, fat, and calories while providing very few nutrients. The obesity epidemic Americans face today is a growing problem that affects more than half of the population with growing body sizes and serious medical problems associated with obesity. It is a problem thatRead MoreFast Food And Its Effect On Obesity1655 Words   |  7 PagesKhalid Alebraheem ENG 101 November 25, 2014 Fast Food and Its Effect on Obesity Today, the names of fast food and obesity are synonymous worldwide. Since the 1970s, the number of fast food restaurants in the US has doubled, corresponding to approximately 300,000 new chains (Egger and Boyd 23). Equally, there has been an exponential increase in the number of obese people over the same period, turning obesity into a public health problem in the US and most developed nations (Egger and Boyd 25). HenceRead MoreFast Food Is The Reason For Obesity955 Words   |  4 PagesFast food is the reason to blame for obesity. 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Fast food restaurants contribute to obesity in America by promoting time-saving eating options, using celebritiesRead MoreFast Food Obesity Essay1165 Words   |  5 PagesThroughout the years, fast food is becoming more and more of an outlet for many people that are short on change, in a rush but still need to grab a bite to eat, or even who are just too lazy to cook a meal. Fast food is very cheap, yet when we eat it we don’t necessarily realize the price we pay when we are starting to gain weight. Who is to blame? The person that is addicted to fast food, or the fast food restaurants? I agree fast food is cheap, yet delicious. I understand th at it may get addictingRead MoreFast Food And Childhood Obesity1166 Words   |  5 Pages â€Å"Childhood obesity is a serious epidemic, affecting children across the world. In our country alone, 17% of all children and adolescents are now obese, triple the rate from just a generation ago† (Centers for Disease Control and Prevention [CDC], 2011). This drastic increase leads researchers and ordinary citizens alike to speculate about possible causes. Fast food consumption is one potential cause that has received widespread attention. Many researchers have looked at the relationship

Advance Accounting 1 Free Essays

Joint Venture103 CHAPTER 6 SOLUTIONS TO MULTIPLE CHOICES 6-1: a Assets per Jessica Company- balance sheetP3,550,000 Jessica’s proportionate interest in assets of JV (50%) 1,000,000 Total assets of JessicaP4550,000 6-2: a Total liabilities only of Jenny Co. 6-3: b 6-4: b Investment of Heart P80,000 Profit share: Sales150,800 Cost of sales (150,800 ? 125%)120,640 Gross profit 30,160 Expenses 10,000 Net Profit 20,160 Profit/loss ratio x 40% 8,064 Balance of investment in JVP88,064 6-5: a CashP190,000 Merchandise inventory 29,360 Accounts receivable 150,800 Total assets 370,160 Sweet Co’s, proportionate interest x 60% Sweet Company’s share in total assetP222,096 6-6: a Sales7,200 Cost of sales PurchasesP10,000 Merchandise inventory, end (50% of P10,000)__5,000_5,000 Gross profit2,200 Expenses___500 Net profitP  1,700 104Chapter 6 6-7: b Original investment (cash)P10,000 Profit share (P1,700 / 2)___850 Balance of Investment accountP10,850 6-8: a Joint venture account before profit distribution (credit balance)P  9,000 Unsold merchandise__2,500 Joint venture profit before fee to SalasP11,500 Joint venture profit after fee to Salas (P11,500 / 115%)P10,000 6-9: b Fee of Salas (P10,000 x 15%)P  1,500 Profit share of Salas (P10,000 x 25%)_2,500 TotalP  4,000 6-10: b SalasSalve Balance before profit distributionP  Ã‚  500 (dr)P  2,000 (cr) Profit share:Sabas (P10,000 x 40%)4,000 Salve (P10,000 x 35%)_______3,500 BalanceP  3,500 (cr)P  5,500 (cr) 6-11: d Joint venture account balance before profit distribution (debit)P   6,000 Joint venture profit (P4,500 x 3)_13,500 Cost of unsold merchandise (inventory) taken by DanteP19,500 6-12: b Edwin Capital: Debits: Balance before profit distributionP14,000 Credits: Profit share__4,500 Due from Edwin (debit balance)P   9,500 Joint Venture105 Settlement to Ferdie (Balance of capital account) Debits:P  Ã‚  Ã¢â‚¬â€œ0– Credits:Balance before profit distributionP16,000 Profit share__4,500_20,500 Due to Ferdie (credit balance)P20,500 Settlement to Dante (balance of JV Cash account) Debits:Balance before cash settlementP30,000 Due from Edwin__9,500P39,500 Credits:Due to Ferdie_20,500 BalanceP19,000 6-13: a JV account balance before profit distribution (cr)P  4,600 Unsold merchandise (required dr balance after profit distribution)__2,000 Joint venture profit before fee to JerryP  6,600 Joint venture profit after fee (P6,600 / 110%)__6,000 Fee to JerryP     600 6-14: d Harry CapitalIsaac Capital Balances before profit distribution(P  Ã‚  200)P  1,800 Profit distribution: Harry P6,000 x 50%)3,000 Isaac (P6,000 x 20%)1,200 Cash settlementsP  2,800P   3,000 6-15: b SalesP14,000 Cost of sales: Merchandise inventory, beg (contributions)P14,000 Freight300 Purchases__4,000 Goods available for saleP18,300 Merchandise inventory, end (P8,300/2)__4,15014,150 Gross profit (loss)(150) Expenses (P400 + P200)__600 Net profit (loss)P(  Ã‚  750) 6-16: c Contributions to the Joint Venture (P5,000 + P8,000)P13,000 Loss share (P750 x 50%)(  Ã‚  Ã‚  375) Unsold merchandise taken (withdrawal)(  Ã‚  4,150) Final settlement to jackP   8,475 106Chapter 6 SOLUTIONS TO PROBLEMS Problem 6 – 1 Books of Blanco (Manager)Books of Ablan JV Cash100,000Investment in JV90,000 Joint Venture90,000Merchandise inventory90,000 Cash100,000 Ablan Capital90,000 Joint Venture60,000 JV cash60,000 Joint Venture20,000 JV cash20,000 JV cash200,000 Joint Venture200,000 Computation of JV Profit Total debit to JVP170,000 Total credit to JVP200,000 Credit balance (Profit)P   30,000 Distribution Joint Venture30,000Investment in JV15,000 Profit from JV15,000Profit from JV15,000 Ablan capital15,000 Ablan capital105,000Cash105,000 JV cash105,000Investment in JV105,000 Cash155,000 JV cash155,000 Joint Venture107 Problem 6 – 2 Books of the Joint Venture 1. Computer equipment105,000 Ella capital60,000 Fabia capital45,000 2. We will write a custom essay sample on Advance Accounting 1 or any similar topic only for you Order Now Purchases80,000 Supplies2,000 Diaz capital82,000 3. Expenses9,000 Diaz capital9,000 4. Cash150,000 Sales150,000 5. Expenses30,000 Cash30,000 6. Merchandise inventory20,000 Ella capital20,000 7. Fabia capital10,000 Cash10,000 8. Adjusting and closing entries: (a)Expenses500 Supplies500 (b)Sales150,000 Income summary150,000 Income summary77,500 Merchandise inventory2,500 Purchases80,000 Income summary39,500 Expenses39,500 Distribution of profit: Income summary33,000 Diaz capital11,000 Ella capital11,000 Fabia capital11,000 108Chapter 6 Books of Diaz (1)Investment in Joint Venture82,000 Cash82,000 (2)Investment in Joint Venture9,000 Cash9,000 (3)To record profit share: Investment in Joint Venture11,000 Profit from Joint Venture11,000 Books of Ella: (1)Investment in Joint Venture60,000 Computer equipment60,000 (2)Investment in Joint Venture20,000 Merchandise inventory20,000 (3)To record profit share: Investment in Joint Venture11,000 Profit from Joint Venture11,000 Books of Fabia: (1)Investment in Joint Venture45,000 Computer equipment45,000 (2)Cash10,000 Investment in Joint Venture10,000 (3)To record profit share: Investment in Joint Venture11,000 Profit from Joint Venture11,000 Joint Venture109 Problem 6 – 3 1)No Separate Set of Joint Venture Books is Used Books of Duran (Manager) May1:Joint Venture12,500 Castro capital12,000 Cash500 7:JV cash10,000 Bueno capital10,000 26:Joint Venture9,500 JV cash9,500 30:JV accounts receivable16,000 Joint Venture16,000 June30:JV cash15,000 JV accounts receivable15,000 27:JV cash9,000 Joint Venture9,000 30:To record unsold merchandise taken by Duran: Merchandise inventory3,000 Joint Venture3,000 To record profit distribution: Joint Venture6,000 Profit from JV2,000 Bueno capital2,000 Castro capital2,000 To record settlements: Bueno capital12,000 Castro capital14,000 JV cash24,500 Cash1,500 Accounts receivable1,000 JV accounts receivable1,000 110Chapter 6 Books of Bueno May7:Investment in Joint Venture10,000 Cash10,000 June30:Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash12,000 Investment in Joint Venture12,000 Books of Castro May1:Investment in Joint Venture12,000 Merchandise inventory12,000 June30:Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash14,000 Investment in Joint Venture14,000 (2)A Separate Set of Books is used: Books of the Joint Venture May1:Merchandise inventory12,500 Castro capital12,000 Duran capital500 7:Cash10,000 Bueno capital10,000 26:Purchases9,500 Cash9,500 0:Accounts receivable16,000 Sales16,000 June20:Cash15,000 Accounts receivable15,000 27:Cash9,000 Sales9,000 Joint Venture111 June 30:Closing entries: Sales25,000 Income summary25,000 Income summary19,000 Merchandise inventory, end3,000 Merchandise inventory12,500 Purchases9,500 Distribution of profit: Income summary6,000 Bueno capital2,000 Castro capital2 ,000 Duran capital2,000 Settlements to Venturers: Bueno capital12,000 Castro capital14,000 Duran capital2,500 Merchandise inventory3,000 Accounts receivable1,000 Cash24,500 Books of Duran (Manager/Operator) May1:Investment in Joint Venture500 Cash500 June30:Investment in Joint Venture2,000 Profit from Joint Venture2,000 Cash2,500 Investment in Joint Venture2,500 Books of Bueno and Castro (Same as in No. 1 requirement) 112Chapter 6 Problem 6 – 4 (1)Books of Seiko (Manager/Operator) April1:JV Cash102,000 Notes payable – PNB34,000 Roles capital34,000 Timex capital34,000 May:Joint venture64,100 Cash16,300 Rolex capital7,800 June:Rolex capital30,000 JV cash30,000 Joint venture111,400 Cash37,400 Rolex capital64,700 Timex capital9,300 July:Cash40,000 Rolex capital15,000 Timex capital10,000 JV cash65,000 Joint venture55,770 Cash13,970 Rolex capital31,240 Timex capital10,560 August:Cash45,000 Rolex capital67,000 Timex capital13,500 JV cash125,500 Joint venture30,600 Cash9,730 Rolex capital16,560 Timex capital4,310 To record sales: JV cash (P421,000 x 96%)404,160 Joint venture404,160 Joint Venture113 To record payment of loan to PNB: Notes payable – PNB34,000 Rolex capital34,000 Timex capital34,000 Joint venture (Interest expense)8,000 JV cash110,000 To record distribution of profit: Joint venture134,290 Gain from JV (30%)40,287 Rolex capital (60%)80,574 Timex capital (10%)13,429 Computed as follows: Total debits tot he JV accountP269,870 Total credits to the JV account_404,160 Gain (credit balance)P134,290 To record settlement: Cash32,687 Rolex capital128,874 Times capital14,099 JV cash175,660 Computations: Settlement to Rolex – Balance of capital account: Debits:JuneP30,000 July15,000 August67,000 Payment of note payable_34,000P146,000 Credits:April 1P34,000 May47,800 June64,700 July31,240 August16,560 Profit share_80,574__274,874 Credit balanceP 128,874 114Chapter 6 Settlement to timex – Balance of capital account Debits:JulyP  10,000 August13,500 Payment of loan__34,000P  57,500 Credits:April 1P  34,000 June9,300 July10,560 August4,310 Profit share__13,429_71,599 Credit balanceP  14,099 Settlement to Seiko – Balance of JV cash account Debits:April 1P102,000 Loan proceeds_404,160P506,160 Credits:JuneP  30,000 July65,000 August125,500 Payment of loan_110,000_330,500 Balance of JV cash175,660 Less:Settlement to RolexP128,874 Settlement to Timex__14,099_142,973 Settlement to SeikoP   32,687 (2)Partial Balance Sheet June 30, 2008 Books of Seiko (Manager/operator) Current assets: Investment in joint Venture: Joint Venture assets: CashP  72,000 Joint Venture_175,500P247,500 Less:Equity of other venturers (P116,500 + P43,300)_159,80087,700 Current liabilities: Notes payable – PNB34,000 Joint Venture115 Computation of balances as of June 30, 2008: JV CashJoint Venture April 1P102,000P30,000JuneMayP   64,100 BalanceP   72,000June_111,400 BalanceP175,500 Notes PayableRolex capital P34,000AprilJuneP  30,000P  34,000April 1 47,800May _________64,700June P  30,000P146,500 P116,500 Timex capital P34,000April __9,000June P43,300 Problem 6 – 5 Consolidated Balance Sheet CashP  61,000 Receivables122,000 Inventory102,500 Other assets__40,500 Total assetsP326,000 Accounts payableP  61,000 Other liabilities96,500 Capital stock50,000 Retained earnings_118,500 Total liabilities and stockholders’ equityP326,000 Consolidated Income Statement SalesP246,750 Cost of sales_124,750 Gross profit122,000 Operating expenses__58,250 Consolidated net incomeP   63,750 16Chapter 6 Problem 6 –6 (a)Journal entries on venture books June 15:Cash1,000,000 MacDo1,000,000 Initial contribution at 6% July 1:Land2,400,000 Mortgage payable1,650,000 Cash 750,000 Purchased land for cash and 6% mortgage. Aug 1:Cash1,100,000 MacDo1,100,000 Additional contribution at 6%. Land 950,000 Cash 950,000 Paid for improvements. Sept 30:Mortgage payable 250,000 Interest expense- Mortgage 3,750 Cash 253,750 Reduced mortgage and paid interest. Oct 31:Mortgage payable 400,000 Interest expense- Mortgage 8,000 Cash 408,000 Reduced mortgage and paid interest. Nov 30:Mortgage payable 300,000 Interest expense- Mortgage 7,500 Cash 307,500 Reduced mortgage and paid interest. Dec 31:Mortgage payable 200,000 Interest expense- Mortgage 21,000 Cash 221,000 Reduced mortgage and make semi-annual interest payment. Joint Venture117 31:Cash2,600,000 Sales2,600,000 Sales to date. 31:Commissions 130,000 Cash 130,000 P2,600,000 x 5% 31:Expenses 628,100 Cash 628,100 Paid expenses 31:Interest expense- Venturer 60,000 MacDo 60,000 6% on P1,000,000 from June 15 to December 31, and on P1,100,000 from August 1 to December 31. 31:Sales2,600,000 Land (cost of land sold)1,145,000 Expenses 628,100 Commissions 130,000 Interest expense- mortgage 40,250 Interest- venturer 60,000 Income summary 596,650 To close income and expense accounts. 31:Income summary 596,650 MacDo 596,650 MacEn 238,660 To divide gain, 60:40. 31:MacDo 801,650 Cash 801,650 Payment on account. (b)Journal entries on MacDo’s books: June 15:Investment in Joint Venture1,000,000 Cash1,000,000 Initial contribution. Aug 1:Investment in Joint Venture1,100,000 Cash1,100,000 Additional contribution. 118Chapter 6 Dec 31:Investment in Joint Venture 60,000 Interest income 60,000 Interest earned on cash advanced. 31:Investment in Joint Venture 357,990 Gain on Joint Venture 357,990 60% of gain on venture. 31:Cash 801,650 Investment in Joint Venture 801,650 Repayment in part of advances. (c)MacDo and MacEn Joint Venture Income Statement For the period from June 15 to December 31, 2008 SalesP2,600,000 Cost of land sold: LandP2,400,000 Improvements 950,000 TotalP3,350,000 Unsold land 2,205,000 1,145,000 Gross profit 1,455,000 Expenses: Advertising and office expensesP 628,100 Interest on mortgage 40,250 Interest on advances 60,000 Commissions 130,000 858,350 Net gainP 596,650 Distributions: MacDo (P596,650 x 60%)P 357,990 MacEn (P596,650 x 40%) 238,660 Mac Do and MacEn Joint Venture Balance Sheet December 31, 2008 Assets CashP 250,000 Land 2,205,000 Total AssetsP2,455,000 Liabilities and equity: Mortgage payableP 500,000 MacDo 1,716,340 MacEn 238,660 Total liabilities and equityP2,455,000 Joint Venture119 Venturers equity (interest) MacDoMacEnTotal InvestedP2,100,000P2,100,000 Shares: GainP 357,990P238,660P 596,650 Interest on advances 60,000 60,000 Commissions 130,000 130,000 Total 417,990 368,660 786,650 Balances 2,517,990 368,660 2,886,650 Withdrawn (801,650) (130,000) (931,650) Equity (interests)P1,716,340P238,660P1,955,000 How to cite Advance Accounting 1, Papers

Multimedia Essays (1653 words) - Media Technology,

Multimedia Multimedia Multimedia, or mixed-media, systems offer presentations that integrate effects existing in a variety of formats, including text, graphics, animation, audio, and video. Such presentations first became commercially available in very primitive form in the early 1980s, as a result of advances that have been made in digital compression technology-- particularly the difficult area of image compression. Multimedia online services are obtainable through telephone/computer or television links, multimedia hardware and software exist for personal computers, networks, the internet, interactive kiosks and multimedia presentations are available on CD-ROMs and various other mediums. The use of multimedia in our society has it benefits and it's drawbacks, most defiantly. Some of the more computer-related uses of multimedia, such as electronic publishing, the internet, and computers in education will be discussed in depth thought this paper. Electronic publishing is the publishing of material in a computer-accessible medium, such as on a CD-ROM or on the Internet. In a broader sense of the term it could also include paper products published with the aid of a desktop publishing program, or any form of printing that involves the use of a computer. Reference works became available in the mid-1980s both in CD-ROM format and online. Increasingly, in the 1990s, magazines, journals, books, and newspapers have become available in an electronic format, and some are appearing in that format only. Companies that publish technical manuals to accompany their other products have also been turning to electronic publishing. Electronic books have been recently introduced to the world as a whole. This new concept is the use of internet or otherwise computer technology to electronically convert books to a digital, readable format viewed on a television set or computer screen. This would most likely be done by scanning in individual pages in a book, arrange them in orderly fashion, and have users be able to cycle back and forth between the photo-identical pages. This method would be very quick, and very easy to accomplish- that is- scanning pages as opposed to re-typing millions of words is preferred. This brings us to another method in electronic book production- the interactive method. In digital format, the book's pages can only be viewed, just like a book. If a reader would want to take notes from a book, he/she would have to write down the notes by hand, or would be forced to photo-copy the page(s). If the book was typed out entirely as would be done by an electronic word processor such as Microsoft Word, users would greatly benefit. The ability for the computer to recognize the words on the screen as actual words as opposed to mere bitmaps is often unrealized to the computer non-familiar. This recognition allows the page to be edited with complete interactivity and ease- again like Microsoft Word. Books can be updated or corrected in real time, without having to re-upload corrected pages, or compensate for unalignment in words and page breaks. Perhaps the most beneficial to the user is the interactivity- the ability to interact with the words in the book. By highlighting letters on the page, copying them, and pasting them in personal clipboards or other word processing programs, the tedious task of note-taking can be eliminated. This idea, on the other hand, can raise issues with the author and publisher of the book. Plagiarism, already a problem, would run wild in this area. Users would theoretically be able to copy entire books or magazines to their personal files, and be able to use them as their own reports or writings. Additionally, the ability to view a book and it's contents at no charge obviously will not agree with some publishers. This also brings up the idea of charging people for time "online." Users could be charged money for use of electronic books/magazines on a time basis. This, however, will not go over well in the public domain. We would rather take on the trouble of taking manual notes than be charged for something that is otherwise free at a library. In a very short time the Internet has become a major vehicle of worldwide communication and an unrivaled source of information. One of the Internet's fascinations is that its resources are limited only by the number of computers participating in the World Wide Web and the imaginations of their users. The Internet is an international web of interconnected government, education, and business computer networks- in essence, a network of networks. From a thousand or so networks in the mid-1980s, the Internet had grown to about 30,000 connected networks in mid-1994. By mid-1995 the number of networks had doubled to more than 60,000, making the Internet available to an estimated 40 million people worldwide. The Internet owes its unusual design and architecture to its origins in the US Defense Department's ARPANET project in 1969. Military planners wanted to design a computer network that could withstand partial destruction (as from a nuclear attack) yet still function as a network. They reasoned that centralized control of the data flow through one or a few hub computers would leave the system too