Differences Between Qualitative And Quantitative Research English Language Essay

Differences Between Qualitative And Quantitative Research English Language Essay The aim of the dissertation is to examine the strategies construction professionals are adopting to survive the economic slowdown, particularly by seeking work overseas. At present construction professionals are forced to flee Ireland in order to survive this recession. This dissertation will examine the difficulties and challenges facing these construction professionals moving abroad and how they adapt to working in these foreign countries. The following report was undertaken in order to understand the processes involved with data collection and how to go about it in order to carry out the dissertation. The different types of data collection are explored and their advantages and disadvantages taken into account. This is attained through the critical analysis of qualitative and quantitative research, the different methods of data collection and the feasibility of each method. The positive and negative aspects of these research studies are explored to ascertain the benefits each would have in relation to the dissertation. For the benefit of this project and the chosen dissertation topic, I have chosen to research questionnaires, interviews and case studies. Quantitative Research Quantitative research sources hard and reliable facts on a topic area. Quantitative research is an injury into a social or human problem, based on testing a hypothesis or a theory composed of variables, measured with numbers, and analysed with statistical procedures, in order to determine whether the hypothesis or the theory hold true . (Naoum, 1998 p38) Qualitative Research Qualitative research sources opinions and perceptions on a topic area. Qualitative research†¦..it emphasiss meanings, experiences (often verbally described), description and so on. (Naoum, 1998, p40) Quantitative versus Qualitative Research Quantitative research is used when finding out the facts of a concept, for example a question or an attribute. This research method is also used when collecting factual evidence. A study can then be made on the relationship of these facts in order to test a particular theory or hypothesis. Qualitative research is subjective in nature. In other words it has an emphasis on meanings, experiences and descriptions. Information collected in qualitative research can be either i) exploratory or ii) attitudinal. i) Exploratory Research This is used when the researcher has a limited knowledge of the topic. An example of exploratory research is the interview technique. The purpose of this type of research is the need for a clear and precise statement of the recognised problem. Exploratory research may be conducted for three interrelated reasons; diagnosing a situation, screening alternatives or to discover new ideas. Data provided is the words of those interviewed and what they have exactly said or a description of what has been observed. Examples of questions used in an exploratory search may be; Questions with the words What or How. Non-directional worded questions. Open ended questions. Questions that may evolve during the study. ii) Attitudinal Research Attitudinal research is used to subjectively evaluate the opinion, view or perception of a person towards a particular object. Opinion and views can be evaluated for the benefit of this study by using subjective questions like; Do you think moving abroad to seek employment is the key to survival? Please indicate which of the following is most important to ensure maximum motivation in workers†¦. Questions ending in please express your level of agreement. There is no correct or incorrect answer to these questions as they all require an individual opinion. In a quantitative study, the hypothesis is best understood when applied in a theoretical framework. A theory is used deductively and is placed at the beginning of a study. The objective is to then collect data and test it. The result of this data will then reflect on whether the theory was confirmed or unconfirmed. In qualitative research the use of theory is less clear because there is no standard rule of placement. The placement of theory will not be placed at the beginning of the study but closer to the end. A theory may emerge during the data collection or be used late in the research process as a basis for comparison with another theory. Quantitative and qualitative research can be compared using the analogy that quantitative research is taking into account the shape or design of an object where as qualitative research is living and feeling this object. Qualitative Advantages Provides depth and detail, looking deeper than analysing ranks and counts by recording attitudes, feelings and behaviours. Creates openness as it  encourages people to expand on their responses and can open up new topic areas not initially considered. Disadvantages Usually fewer people are studied as the collection of qualitative data is generally more time consuming than quantitative data collection. Because fewer people are generally studied it is not possible to generalise results to that of the population. Usually exact numbers are reported rather than percentages. It is difficult to make systematic comparisons for example, if people give widely differing responses that are highly subjective. Quantitative Advantages Allows for a broader study, involving a greater number of subjects, and enhancing the generalisation of the results. Can allow for greater objectivity and accuracy of results. Using standards means that the research can be replicated, and then analysed and compared with similar studies. Personal bias can be avoided by researchers keeping a distance from participating subjects and employing subjects unknown to them Disadvantages Collect a much narrower and sometimes superficial dataset Results are limited as they provide numerical descriptions rather than detailed narrative and generally provide less elaborate accounts of human perception The research is often carried out in an unnatural, artificial environment so that a level of control can be applied to the exercise. This level of control might not normally be in place in the real world yielding laboratory results as opposed to real world results In addition preset answers will not necessarily reflect how people really feel about a subject and in some cases might just be the closest match. The development of standard questions by researchers can lead to structural bias and false representation, where the data actually reflects the view of them instead of the participating subject. Both qualitative and quantitative research will be relevant to the authors dissertation. This will be displayed through the use of both factual evidence obtained from publications and further literature and also through interviewing those who have fled Ireland to seek work overseas. Analysis of Different Methods of Data Collection The approach one should adopt when conducting data collection should depend on the nature of the case study and the type of data and information that is required and available at that time. There are many approaches available to study however many require long periods of time and emphasise detailed evidence. There are two main sources of information: i) Primary Data ii) Secondary Data Primary Primary literature is the most accurate source of information as it publishes original research. (Naoum, 1998, p19) The primary data can be collected from past case studies, questionnaires, formal interviews and reports. Secondary Secondary literature sources are these that cite from primary sources such as textbooks, and newspaper articles. (Naoum, 1998, p22) The secondary data can be collected from textbooks, construction magazines and newspaper articles. Fieldwork Research Fieldwork research refers to the methods of primary data collection used by the researcher. Three practical approaches to Fieldwork are; i) The survey approach. ii) The case study approach. iii) The problem solving approach. For the benefit of the Authors dissertation we will now explore The Case Study, Interview and Questionnaire Approach as this holds the most relevance to the dissertation topic. Both the positive and negative aspects of each data collection method will be studied to ascertain the feasibility and benefits of the approach in relation to the final year dissertation. The Case Study Approach Case studies are used when the researcher intends to support the argument by an in depth analysis of a person, a group of persons, an organisation or a particular project. As the nature of a case study focuses on one aspect of a problem, the conclusion drawn will not be generalised but actually related to on particular event. Although the case study will only focus on one aspect of a theory, it will provide an in depth analysis on it. There are three types of case study designs; The descriptive case study. This is the concept of counting applied to a detailed case. The analytical case study. This is the concept of association and relationship applied to a detailed case. Analytical research means that an element that causes, affects or has an influence on another element has been identified. The element that does the causing is called an independent variable. The element whish is acted upon therefore, is called the dependant variable. The explanatory case study. This entails a theoretical approach to the problem. Linkages among the objects are shown. It also suggests that a single cause can have a specific effect. For example, the researcher collects facts and studies the relationship of one set of facts to another with the hope of finding a relationship between them. Case studies can be complimented by surveys carried out on situations where, how or why questions can be answered by a survey and/or a case study. Using these two approaches in correlation with each other will ensure maximum data is collected and examined more thoroughly. Rational A case study would be particularly relevant to the chosen dissertation. In order to carry out a case study for the dissertation, the author hopes to approach an Irish Company who has been forced to move abroad to analyse their current situation. Using a case study as the primary data collection method would be effective due to its examination of factual information. Questionnaire Method The questionnaire is one of the most widely used data collection techniques used for conducting surveys. It is most suited to a survey whose purpose is clear enough without elaborate explanation. The questionnaire is used for analytical and descriptive surveys in order to find out facts, opinions and views on the current affair in question. There are many advantages and disadvantages, aspects of both are listed below; Advantages: Economy; a questionnaire is an economical way to assembling as much information as possible in terms of finance, human and other resources as you are relaying the questions free of charge to someone in the know. Speed; questionnaires are a fast method of conducting surveys. However, time must be allowed for late returns. Consultation; when questionnaires are posted in advance of the interview, the person being interviewed has the opportunity to avail of information needed which they may not have been aware of previously without checking, in order to give an accurate response. Disadvantages: Must contain simple question; simple questions that are straight forward are necessary to follow easy instructions and definitions. Faults such as ambiguity and vagueness are common. Inflexible technique; mailing questionnaires to companies does not allow the opportunity for probing. All answers must be accepted as final and the opportunity to clarify ambiguity is lost. Accuracy; companies are likely to answer questions according to their public profile rather than the underlying corporate reality. No control over respondents; when posting a questionnaire there is no guarantee that the intended person completes the questionnaire. Rational Although there are many draw backs when using this method of data collection, there are also many positive aspects that it can contribute to the authors dissertation. For example, each questionnaire completed will be unique in both questions and answers. As a result of this, each questionnaire will be tailored made with an individuality in answers, which will help obtain maximum data with minimum effort. The Interview Approach The interview technique is a major method used to collect factual information as well as opinions of those with experience in the area of the chosen topic. It is down to the interviewer to evoke answers that are pertinent to the research hypothesis. The questions and their sequence wording define the structure of the interview. Interviews are suitable when; You know enough about your interviewee so the appropriate questions are asked in a suitable manner. Interpersonal contact is essential to explain and describe the questions. When the research requires an explanation as why the respondents are answering or feeling the way they do, i.e. the answer requires more than a yes/no/agree/disagree answer. There are many types of interviews, for example; formal/informal, inflexible/flexible, standardised and un-standardised, controlled and uncontrolled however the three interviews the author will focus on are; Unstructured, Structured and Semi-structured interview. Unstructured Interview This form of interview uses open ended questions. The questions are often pitched at a very general level so that the researcher can see in what direction the interviewee takes things in their response. This type of interview is generally conducted at the start of a case study as it is an exploratory exercise. It is usually conducted with qualitative research methods. There is no set order or wording of questions, there is no schedule and the researcher is not looking for the same information from each person interviewed. On completion of this type of interview, the researcher may have a list of many factors which should be examined through structure interviews and questionnaires. Semi-structured Interviews This is a more formal interview than the structured interview in that there are a number of specific topics around which the interview can be built. Questions will have open and closed ends, but the questions will not be asked in a specific order or to a schedule. In the semi structured interview, the interviewer has a great deal of freedom to probe various areas and to raise specific queries during the course of the interview. This is achieved by beginning the interview using indirect questions in order to build up a rapport with the respondent, then exploring the specific issues the interviewer has in mind. The task is to discover as much as possible about the specific issues related the subject area. Here are some common characteristics of the semi-structured interview; It takes place with a respondent known to have been involved in a particular experience. It refers to situations that have been analysed prior to the interview. It is focused on the respondents experiences regarding the situations under study. It proceeds on the basis of an interview guide specifying topics related to the research hypothesis. Structured Interview In the structured interview, questions are presented in the same order and with the same wording to all interviewees. The interviewer will have full control on the questionnaire throughout the entire process of the interview. In this technique the questioning may start with open ended questions but will soon move towards a closed question format. There are three assumptions of the structured interview; The respondents have a sufficiently common vocabulary so that it is possible to formulate questions which have the same meaning for each of them. That it is possible to phrase all questions in a form that is equally meaningful to each respondent. Each question and sequence of questions must be identical for each respondent. Therefore the advantages of the structured interview are that i) the answers can be more accurate, ii) The response rate is relatively high and iii) the answers can be explored with finding out why the particular answers are given. Rational The clear advantages that the interview technique has in relation to the dissertation is that the interviewer has a chance to listen to construction professional individual opinions, how the economy has affected them and their business and how it has changed their lifestyle by moving to a foreign country. This in depth analysis of answers from a broad range of respondents allows the researcher to gain a large volume of knowledge from many different perspectives. As the dissertation focuses on construction professional oversees, the author will carry out tele-conference interviews to gain an insight on how these professionals are adapting to working in foreign countries. Desk Study Research Desk study research refers to the methods of primary data collection used by the researcher.  It involves gathering data that already exists either from publications of governmental and non-governmental institutions, free access data on the internet, in professional newspapers and magazines, in annual reports of companies and commercial databases. In many projects, carrying out an initial desk research stage is strongly recommended for the dissertation to gain background knowledge to the topic. Proposed Research Sample The author intends to review previous case studies in relation to Irish construction companies relocating abroad. This is vital for the purpose of the dissertation in order to analyse how the companies are now doing, to determine the problems they have faced and to determine the differences from working in Ireland to working abroad. Below is an article which outlines the issues an Irish construction company may encounter when moving oversees. http://www.engineersireland.ie/media/engineersireland/cpd/successstories/Punch%20and%20Partners%20explore%20overseas%20markets%20through%20CPD.pdf Conclusion The author has explained the differences between qualitative and quantitative research and these methods will be used for carrying out the dissertation. The author also outlined the various types of data research methods and came to the conclusion that fieldwork research (case studies, tele-conference interviews, questionnaires and surveys) and desk study research (textbooks and construction magazines) are the methods that will be adopted for the dissertation. This will be the most effective way in producing a well structured and detailed dissertation.

Shakespeares King Lear - A World too Cruel? :: King Lear essays

King Lear - A World too Cruel? King Lear is at once the most highly praised and intensely criticized of all Shakespeare's works. Samuel Johnson said it is "deservedly celebrated among the dramas of Shakespeare" yet at the same time he supported the changes made in the text by Tate in which Cordelia is allowed to retire with victory and felicity. "Shakespeare has suffered the virtue of Cordelia to perish in a just cause, contrary to the natural ideas of justice, to the hope of the reader, and, what is yet more strange, to the faith of chronicles."1 A.C. Bradley's judgement is that King Lear is "Shakespare's greatest work, but it is not...the best of his plays."2 He would wish that "the deaths of Edmund, Goneril, Regan and Gloucester should be followed by the escape of Lear and Cordelia from death," and even goes so far as to say: "I believe Shakespeare would have ended his play thus had he taken the subject in hand a few years later...."3 Many critics have sworn that the story is too fantastic and cruel to be true and that it should be viewed only as an allegory or fantasy. Yet Johnson called it a "just representation of the common events of human life" and C.J. Sisson has cited historical evidence from the lives of several men which closely resembled Lear's division of his kingdom and tragic rejection by his daughters. Despite its undeniable greatness, throughout the last four centuries King Lear has left audiences, readers and critics alike emotionally exhausted and mentally unsatisfied by its conclusion. Shakespeare seems to have created a world too cruel and unmerciful to be true to life and too filled with horror and unrelieved suffering to be true to the art of tragedy. These divergent impressions arise from the fact that of all Shakespeare's works, King Lear expresses human existence in its most universal aspect and in its profoundest depths. A psychological analysis of the characters such as Bradley undertook cannot by itself resolve or place in proper perspective all the elements which contribute to these impressions because there is much here beyond the normal scope of psychology and the conscious or unconscious motivations in men.

Gibson Insurance Company

Overview Gibson Insurance Company has tasked Rebecca Hampton, the controller, with reviewing the company's allocation of corporate support costs in order to better assign the cost attributed to product lines and business units. This is important because it would help to provide better information for pricing decisions, sales compensation, and focus on areas in cost improvement. Gibson sells two categories of financial products: annuities and life insurance. They are both sold by in-house sales agents.Gibson decided to start purchasing other corporations in order to quickly grow the company’s customer base and its assets under management (AUM). GIC acquired Compton Insurance Services and Midwest Mutual Insurance Company, and although they all sold the same services, the prices and features were different. Gibson had a decision to make: keep the new acquisitions as separate legal entities, or completely absorb them into its corporate system. GIC chose to keep them as separate le gal entities, and treat them as wholly owned subsidiaries for legal and financial reporting purposes.Rebecca decided to re-evaluate the cost allocation structure. She chose to list them under 4 categories: Policy Acquisition, Customer Service, Sales and Marketing, and Corporate Overhead. All Relevant Issues Gibson Insurance main issue is its cost allocation system that allocates support costs to its various product lines based on total number of policies. This provided for an inadequate application of resources for each business unit and product line. For example, selling a new policy takes more resources and effort than maintaining an in-force policy.Another concern is a decline in profitability although the sales volumes are increasing. This is possibly due to hidden cost problems or incorrectly set prices. After a breakdown of support cost, Gibson also had a issue with possible inefficiency of processes. Hampton felt as though they used to many resources with selling new policies . Relationships Among Important Issues GIC’s current cost allocation system provides for a inadequate allocation of cost. With the true costs for each division and product line mis represented Gibson is unable to accurate set prices to match expenses of products.This also does not allow them to identify problem areas, or inefficient processes, in need of attention. With those two issues secretly effecting the books, GIC profitability has suffered. Relationships of Case Issues to Aim of the Company Gibson’s poor cost allocation and lost in profits has it wanting to develop a new allocation method. With this new method they will be able to more accurately apply resource cost and pricing to specific business units and products. After implementing the new drivers they will be able to streamline processes to lower costs.Making these changes will allow Gibson to get to gain control of costs and by affect its profitability. New Problem Statement Resulting from Case Analysis G ibson is concerned about its current allocation of corporate support costs. Currently it feels the resources of various business units are not properly assigned. Rebecca Hampton, the controller, must come up with a new allocation method to obtain a better handle on profitability, product pricing and agent compensation, and current costs. Objectives – verifying the old or developing new based on analysis Gibson Insurance main objective is to improve profitability.Its second objective is to better control pricing and resource allocation. To control pricing and resources, Gibson third objective is to develop a new cost allocation method based on different cost drivers. Finally Gibson aims to streamline its processes in the future to further lower cost to increase profit. Statement of Alternatives After analyzing the case we have come up with five possible alternatives for Gibson Insurance company. First, Gibson can choose to use the new cost drivers, developed by Hampton, to rea llocate costs to provide a more accurate picture of indirect costs.Second, Gibson can choose to reanalyze cost to come up with different cost drivers also to provide a more accurate picture of indirect costs. Third, they can redivide the support services to individual business units. This will help eliminate the simple allocation issue. Only the cost incurred in each department of the business entity will be attributed to the operations of the business entity. Fourth, Gibson can separate the individual product lines support. They can have have four separate departments for new and in-force insurance and annuities.This will dial in the cost not only to individual product cost but what status these products use the most resources. It can turn much of the indirect cost into direct costs. Lastly, Gibson can choose to do nothing. It can continue to use current method of allocation and make educated guess on what costs are incorrect and what prices are set correct. This option is not an i deal one because Gibson is currently losing money. After choosing and implementing one of the above options, Gibson can begin to work on underlying issues.They can use the new cost allocation analysis to see if any area of business is in need of adjustment. It can then decide if price meets the cost demands of division and product line. Action Plan We agree with Gibson’s controller that the new way of allocating costs is the best plan of action for Gibson. Under the old system, costs were broken up by separate legal entities and product lines. Using the old method, Midwest has $5,087,166 in total support costs, while Gibson has $5,080,997 and Compton has $3,751,837 totaling $13,920,000.The new method calls for the allocation of costs based on cost drivers, which Hampton divided into four categories: policy acquisition, customer service, sales and marketing and other corporate support. Each cost account is driven by a cost driver. Policy acquisition is driven by the number of steps required to move a new policy application to an in-force status. Customer service costs are driven by the number of incoming calls. Sales and marketing costs are driven by the number of solicitation needed to sell a product. Lastly, other corporate costs are determined by the dollar value of AUM.The total support costs of $13,920,000 is broken up into $4,375,000 in policy acquisition costs, $2,426,000 in customer service costs, $4,552,000 in sales and marketing costs and lastly $2,567,000 in other corporate support costs. The new cost allocation system allows Gibson to identify where the costs are emanating from. It helps them identify where they can cut costs and where to focus their resources to meet their aim. By employing the new system, the per units costs for each cost-driver is as follows: $42. 20 per step, $44. 06 per customer service call, $10. 2 per sales solicitation call and $14. 92 per policy for the overhead costs. Under the new system it was found that Compton h as the support highest costs, as opposed to the old system where Midwest had the highest cost. The costs for new life insurance policies makes up 40% of the total costs, which is $5,609,243. However, the new life insurance policies bring in $19,200,000 in AUM for Gibson. Yes, it is costing Gibson more to bring in new policies, but new customers are expensive because they take away from the profit. Therefore, we do not see any problem with this plan.Moreover, the new plan allows them to see that the in-force policies are not costing them anything, which tells them to focus their resources on the new-policies for both the product lines. By analyzing we decided that it is definitely costing Gibson more to bring in life-insurance policies than annuities. For example, it takes five steps to complete a policy acquisition for life insurance compared to only two steps for annuities. Also, it takes them 10 extra sales solicitations per policy for life-insurance compared to annuities. We also feel that 20 solicitation calls for one life-insurance is expensive.It costs $881. 22 to make 20 calls and the AUM for a new life-insurance policy is only $1500, so the profit margin is less than 60%. Perhaps they can train their sales employees to better perform each call and sell a policy with less number of calls. By doing this they will be able to cut their sales and marketing costs by 50% and increase their profits. Their total sales and marketing costs will go from $4,552,000 to $2,276,000 and it brings down the new life-policy costs from $5,609,243 to $4,326,989, which will make their product line more profitable and bring in more profits for Gibsons Inc.Knowing Constraints – Potential Problems Gibson Insurance Company also has to deal with potential problems. If they break up the costs into individual processes, they could possibly spend a lot more money and time than they need to. By gathering the data and breaking it up into many costs accounts will eventually cost them more in terms of management compensation, rather than helping them save. Also by implementing a new training program we may have resistance from current employees because they may feel that they are doing their job correctly without needing more training.Analysis’ Presentation Leads to Definition of Problem By analyzing the cost structure and re-allocation the costs with the new cost drivers, we have determined that the problem is the cost of sales solicitation and, possibly, the price that Gibson is charging for its insurance policies. Develops, Justifies, and Rank Objectives Gibson has five objectives. Their primary objective is to improve their profits, which requires that they prioritize other objectives, which will help them reach their goal of maximizing profit.By developing a new cost allocation method based on different cost drivers helps them to find places where they need control costs and resources, which helps them maximize profit. Develops and Weighs Altern atives We have listed five different options for Gibson to choose from. First option is to go with Hampton new cost drivers and reallocate cost on that basis. By choosing to go with the controller’s numbers we will save time and money on research vs Option 2. After we do that we will have a more accurate picture of cost and resource allocation. This will allow Gibson to work on specific reas of cost that may be hindering the company such as the number of sales solicitations. By implementing the new training program we can reduce sales and marketing by 50% by cutting the contacts needed in half. Second, Gibson can choose to reanalyze cost to come up with different cost drivers also to provide a more accurate picture of indirect costs. By going back and re-evaluating the drivers it would take more management resources. We would need to pull department heads off jobs and waste time possibly to return to the with same drivers that are already presented.So by choosing the first al ternative we can get the new cost implemented faster and begin work on fixing problems sooner. Third, they can redivide the support services to individual business units. This will help eliminate the simplify allocation issue. Only the cost incurred in each department of the business entity will be attributed to the operations of the business entity. This will not be ideal because it would require additional spending on recruiting new personnel including management. Fourth, Gibson can separate the individual product lines support.They can have have four separate departments for new and in-force insurance and annuities. This will dial in the cost not only to individual product cost but what status these products use the most resources. It can turn much of the indirect cost into direct costs. This will prove to be an inefficient method of allocating cost. Gibson would need to assign more resources to hiring personnel and restructuring processes. Gibson would possibly have to redesign it entire operating process to separate its departments and consolidating its different products line from different companies under one business entity.It would also have to deal with the backlash of current customers who may run into problems during the shift. Lastly, Gibson can choose to do nothing. It can continue to use current method of allocation and make educated guess on what costs are incorrect and what prices are set correct. This option is not an ideal one because Gibson is currently losing money. Selects Appropriate Alternative After analyzing the alternatives, we decided pick the first alternative that calls for to use the cost drivers developed Hampton.The costs are divided into four different costs namely, policy acquisition, customer service, sales and marketing and other corporate support. Each cost has cost driver, which decides the total cost for that cost account. Policy acquisition costs are driven by the number of steps required to move a new application to in -force status, which is two steps for annuities and five steps for life insurance. Number of incoming customer calls drive the cost for customer service while the number of sales solicitation drives the cost for sales and marketing costs.And finally, corporate overhead costs are driven by the dollar value of AUM. This plan will facilitate the decision process for the management because it helps them see where the costs are emanating and where they better turn their resources. For example, by allocating the costs differently they were able to see that Compton has the highest support costs at $5,100,202. 17 as oppose to the last plan where Midwest had the highest cost. It also allowed them to see that the in-force policies are not costing them anything in terms of policy acquisition and sales and marketing costs.This tells them which product line is more profitable and which is not, so they focus their resources accordingly. By finding where the costs are stemming from, they will be a ble to better control the costs thereby increasing their profits, which is their primary objective and that is that the first alternative is appropriate alternative for Gibson. Probability of Success This action plan will be successful for Gibson because it will help the managers realize where the majority of their costs stem from. It will also help them determine where they should be focusing their attention to.

Evaluation of Ayala Lands Corporations Through Financial...

EVALUATION OF (AYALA LANDS CORPS) THROUGH FINANCIAL RATIO ANALYSIS A Group Final Output Presented to the Faculty of the Department of Business and Management College of Management and Economics of the Visayas State University ____________________________________________________ In Partial Fulfillment of the Requirements in MGMT 143: Financial Management ____________________________________________________ Submitted by: Abanes, Roselyn M. Bayno, Kenneth L. Darbe, Nià ±a Jean M. Garde, Fatima Grace B. Owite, Iris C. Quillo, Julie C. GROUP I (Write your Group Number) (Names of Members in Alphabetical Order with Family Names First, Followed by the First Name, then Middle†¦show more content†¦Analysts will typically look for companies within the same industry and develop an industry average, which they will compare to the company they are evaluating. Ratios per industry are also provided by Bloomberg and the SP. These are good sources of general industry information. Unfortunately, there are several companies included in an index that can distort certain ratios. If we look at the food and beverage ratio index, it will include companies that make prepared foods and some that are distributors. The ratios in this case would be distorted because one is a capital-intensive business and the other is not. As a result, it is better to use a cross-sectional analysis, i.e. individually select the companies that best fit the company being analyzed. 2. Aggregate economy - It is sometimes important to analyze a companys ratio over a full economic cycle. This will help the analyst understand and estimate a companys performance in changing economic conditions, such as a recession. 3. The companys past performance – This is a very common analysis. It is similar to a time-series analysis, which looks mostly for trends in ratios. B. Objectives of the Study 1. To have the industrial marketing of the corporation. 2. Determination of each property nationwide. 3. To know what are their marketing strategy. C. Significance of the Study D. Scope and Limitations of theShow MoreRelatedJollibee Foods Corporation-A Case Study2424 Words   |  10 PagesJOLLIBEE FOODS CORPORATION (JFC) A Written Analysis of a Case by Lloyd Ty Brief Synopsis of Data In 1995, AB Capital and Investment Corporation was tapped by the UP Foundation, Inc. (UPFI) to manage an equity fund of 2.5 million pesos, which is a small portion of their 260 million peso endowment fund. The interests earned from the fund, which is used to support the professorial chair requirements of the University, has dropped due to a decline in the returns of treasury bills - that being theRead MoreMetrobank Strama (Feu-Iabf)7898 Words   |  32 Pagesassets and is also the largest Philippine bank in terms of overseas presence. It has a diverse offering of financial services, from regular banking to insurance. Considering the EFE, Metrobank’s current competitive position or business strength in the industry is above average. Overall, it has been coping up well with the factors which can positively or adversely affect its financial positioning, especially in the current period. Based on the IFE result, the highest internal strength ofRead MorePepsi Prospectus112807 Words   |  452 Pagesfor any loss arising from or in reliance in whole or in part on the contents of the prospectus. The offering information on this Web site is intended to be available only to Philippine and non-Philippine citizens residing in the Philippines or corporations or judicial entities organized and existing under Philippine law, and is not intended for distribution in the United States or to U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the URead MoreImpacts of Information Technology on Individuals, Organizations and Societies21097 Words   |  85 Pagesredefining the entire concept of time, space, and distance. Proliferation of high-speed data communication networks that span the globe enables companies to integrate geographically distant manufacturing and research facilities, link international financial markets, and even provide customer service from halfway around the world. GLOBALIZATION Offshore outsourcing is one of the manifestations of the trend toward globalization— blurring of geographic barriers—that is accelerated by information technology