Tuesday, December 31, 2019

The Walt Disney Company Essay - 2102 Words

Running Head: The Walt Disney Company FIN534: Financial Analysis Heather Kain Strayer University Dr. John Karaffa November 30, 2011 Introduction The Walt Disney Company, along with its subsidiaries, is a diversified entertainment company. Its animation studio, parks, resorts, consumer products and media networks has allowed the Walt Disney Company to remain a staple in the entertainment industry along with its impeccable ability to market to children and adults. Through analysis of the company overview, financial threats, financial performance and stock price analysis, one can examine the financial position of the Walt Disney Company. Company Overview The Walt Disney Company was started in 1923 as the Disney Brothers†¦show more content†¦Disneys imprints include Disney Libri, Hyperion Books for Children, Jump at the Sun, Disney Press, and Disney Editions† (2011). Finally, another Walt Disney company affiliate, the Disney Store, has locations throughout North America and Europe or consumers are welcomed to visit www.disneystore.com to purchase various Disney consumer products (Company Overview, 2011). Company Vulnerability to Current Financial Threats The Walt Disney Company has a very strong revenue base. Datamonitor explains, â€Å"A broad and diversified revenue base insulates the company from economic cycles in one industry and diversifies the companys business risks† (2011). However, the Walt Disney Company still faces a series of threats. First, the Walt Disney Company has an overreliance of the North American market. Of its total revenues, 74.3 percent is from the United States and Canada and 8.5 percent from the rest its localities in the world (SWOT Analysis, 2011). North America has been going through an economic downturn. By allowing North America to be the primary focus for promotion, instead of increasing development in other markets, this constrains the overall revenue growth, thereby weakening its rank in the international market, as well as, increasing the threat of global competition. Second, the Walt Disney Company faces intense competition in its si gnificant industries. For example, Disney-ABC GroupShow MoreRelatedWalt Disney And The Disney Company Essay1236 Words   |  5 Pages1923 by animator Walt Disney and Roy O. Disney, the Walt Disney Company is an â€Å"American diversified multinational mass media and entertainment conglomerate†; whose media companies include the Disney Channel, ABC, ESPN, and AE. Furthermore, they receive revenue from their various theme parks and resorts located around the world, the sale of merchandise related to their various media projects, and their mergers and acquisitions. Notably with Pixar, Marvel, and LucasFilm Ltd. Walt Disney is currently ledRead MoreWalt Disney Company954 Words   |  4 PagesWalt Disney Company Angela Pursel University of Phoenix COM 530/ Communications for Accountants Brent Smith March 21, 2011 Walt Disney Company Walt Disney is a well-known name in today’s society. Walt Disney once stated, â€Å"You can dream, create, design and build the most wonderful place in the world but it requires people to make the dream a reality† (Sparks, 2007). Marty Sklar, Vice Chairman and principal creative executive for Walt Disney Imagineering was quoted as saying, â€Å"FromRead MoreDisney Of The Walt Disney Company753 Words   |  4 Pages As has been noted, Disney World is one of the biggest companies in the world. As long as we have this big company, we may have uncountable numbers. It is a huge brand and it has many fans. Even there are many advantages or disadvantages from having it, they still have their main goal, which is making profits. According to Disney’s corporate website, the mission of the Walt Disney Company is to be one of the world’s famous creators and producers of enjoyment and data. Utilizing our container ofRead MoreThe Walt Disney Company1001 Words   |  5 PagesThe Walt Disney Company Jessica Weber Communications for Accountants / COM/530 September 13, 2010 Deborah Elver, MBA, CPA The Walt Disney Company Walt Disney founded the Walt Disney Company in the late 1920s in order to provide families across America and around the world with quality entertainment for every member in the family. Disney created entertainment for families in several different ways. The first being their television programs, which include animated and live moviesRead MoreThe Walt Disney Company1848 Words   |  8 PagesThe Walt Disney Company (Disney). The third section will examine the similarities and differences found within a comparison of The Walt Disney Company’s financial statements and the financial statements discussed and demonstrated within the course textbook. This section will also contain an in-depth discussion of the financial statements’ dissimilarity and posit rationales for these differences. The fourth section will discuss debt load as an area of concern for potential investors in The Walt DisneyRead MoreWalt Disney Company1730 Words   |  7 PagesThe Walt Disney Company is a diversified international family entertainment and media enterprise business. They have five business segments which are media network, parks and resorts, studio entertainment, consumer products and interactive media. Disney Media Network consists of broadcast, cable, radio, publishing and digital businesses within the Disney/ABC Television Group and ESPN, Inc. Walt Disney Parks and Resorts is comprised of family oriented parks and resorts all around the world. TheyRead MoreWalt Disney Company1069 Words   |  5 PagesThe Walt Disney Company if there was an authoritarian leader it would affect group communication immensely because the employees need to be creative and because authoritarian leaders â€Å"make decisions, give the orders, and generally control all activities† (Beebe Masterson, 2009, P. 290) this does not allow creative communication. When a leader dictates techniques to a group it does not allow constructive communication, and ideal sharing, and this would not be good for The Walt Disney Company. InRead MoreThe Walt Disney Company1633 Words   |  7 Pagesapplied on the analysis of the ethical issue of the Walt Disney Company. The recommendations we believed that can help t o address the ethical problems are also included in this paper. Background of The Walt Disney Company The Walt Disney Company is a international entertainment and media enterprise. It has established for more than nine decades and developed from a cartoon studio in the 1920s to the global corporation today. The Walt Disney Company is consisted of five business segments which areRead MoreThe Walt Disney Company642 Words   |  3 Pagesentertainment and media, Disney has also been able to remain profitable for so long due to the company’s various strategies used to create value through diversification, expansion, and integration. Throughout Disney’s history, the company was always operated by key businesspeople that had a goal of maintaining the brand and remaining profitable as the largest multinational entertainment conglomerate in the world. Additionally, Walt and Roy Disney set the stage for future leaders of the company to achieve successRead MoreWalt Disney Company.857 Words   |  4 PagesWalt Disney Company is famed for its creativity, strong global brand, and u ncanny ability to take service and experience businesses to higher levels. In the early 1990s, then-CEO Michael Eisner looked to the fast-food industry as a way to draw additional attention to the Disney presence outside of its theme parks - its retail chain was highly successful and growing rapidly. A fast-food restaurant made sense from Eisner’s perspective since Disney’s theme parks had already mastered rapid, high-volume

Sunday, December 22, 2019

Essay On Taxing Assets - 1456 Words

A government taxing their constituency based upon their estate dates back over two thousand years ago. In 700 B.C. the ancient Egyptians placed taxes on transfers of property at death. Subsequently the Roman Emperor, August Caesar, placed a tax on successions of realities of the deceased. As societies grew along with it grew and modified the idea of an estate tax and taxation in general. In America specifically taxing assets was first realized with the implementation of the Stamp Act of 1797. This act required a federal stamp on wills in probate. However this was repealed in 1802. In the decades to come estate taxes were viewed to be necessary to raise the funds to finance wars. The Revenue Act of 1862 implemented a federal inheritance tax†¦show more content†¦There was also a tax placed on estates and excess business profits. However unlike in pervious times in American history, this tax did not go away following World War One. Throughout the lifetime of the act it has expe rienced numerous changes but could be cited as the core foundation that assisted in the establishment of the current estate tax. Estate taxes are defined as the taxes on privilege of transferring property at death and are typically determined by the size of the decedent’s estate. This consists of counting everything a decedent owns or has interests in at the date of death and determining their fair market value (Jacobson). The gross estate is then taken, while permitting deductions and a taxable estate if made. Since the act of 1916, the ever changing landscape of taxation can be broken down into two distinct time periods. These periods are 1916-1948 and 1976 to present. The first notable change following the Revenue Act of 1916 was a tax placed on inter vivo gifts. This then became a permanent feature in 1932 and was due to the fact that congress recognized the wealthy individual’s ability to find a loophole to avoid such estate taxation by giving things away as a gift. In 1935 alternate valuation was implemented through the Revenue act of that same year. This then allowed for an estate to be valued 1 year following a descents death. This was then later altered to just sixShow MoreRelatedProposal Tax Policy For A New Er Promoting Economic Growth And Fairness1130 Words   |  5 PagesEconomic Growth and Fairness, a dual income tax system has been introduced that would boost economic growth and increase tax fairness. The new system contains a single, low rate on all capital income, coupled with a higher top tax bracket on wages. This essay, however, will focus on analyzing Miligan s arguments in reforming the tax system. In this report, Milli gan mentions two trends that raise concerns for current Canadian tax system. The first one is the increasing income concentration. More and moreRead MoreTax Pensions : A Solution To The Public Pension Crisis1407 Words   |  6 Pagespotential 150-percent increase in property taxes.† (2014, pg. 1) However, a 150-percent property tax rate increase may not be the answer in order to resolve Kentucky’s pension deficit, as it will only increase taxes for property owners instead of taxing all Kentucky residents. Instead, increasing taxes statewide via sales tax or by income tax could produce immediate, and much needed, revenue. Additionally, insuring that current educators maintain their employment benefits as promised to them uponRead MoreFaculty of Business Studies1287 Words   |  6 PagesFaculty of Business Studies BE-210 TMA-1 DUE DATE 26th December Part A: Essay Questions (25) 1. Define accounting. Accounting is the information system that measures business activity, progress the data into reports and communicates the results to decision makers. And accounting is the language of business. The better you understand the language of business the better you can manage your own business. For example, how will you decide whether or not to borrow money? YouRead MoreBusiness and Its Publics: Cycle 1 Essay1697 Words   |  7 Pagesshould be regulated by the government or be shouldered by the corporations that cause them. Edward Freeman, a famous economist, champions efficient markets in his essay Managing for Stakeholders. According to Freeman, companies should integrate corporate social responsibility (CSR) into all of its assets; he believes every corporate asset creates the same value and has the same responsibility for enacting social change (Friedman, 43). Before assessing the validity of Freeman’s argument, it is importantRead MoreImportance of Financial Statements to Managers, Investors and Creditors1095 Words   |  5 PagesDinh Thi Quyen Class: A4 – LT6B Number: 24 Essay: Importance of financial statements to managers, investors and creditors Financial statements are important reports. They show how a business is doing and are very useful internally for a companys stockholders and to its board of directors, its managers and some employees, including labor unions. Externally, they are important to prospective investors, to government agencies responsible for taxing and regulating, to lenders such as banks andRead MoreThe Shareholder Approach For Managerial Responsibility Essay1403 Words   |  6 Pagesis to Increase Profits†. In essence, that article states that the responsibility of a manager is solely to the shareholders; he or she must follow the shareholders’ interests as long as it stays within legal and certain social parameters. In this essay, I will further explain Friedman’s arguments, address main counterpoints, and ultimately argue that Friedman’s conclusion is a correct and normative view of the moral responsibility from the perspective of management in a non-private company. TheRead More Satire and the Deployment of Irony in A Modest Proposal by Jonathan Swift2769 Words   |  12 PagesSatire and the Deployment of Irony in A Modest Proposal by Jonathan Swift Therefore let no man talk to me of other expedients: of taxing our absentees at 5s. a pound: of using neither clothes, nor household furniture, except what is of our own growth and manufacture: of utterly rejecting the materials and instruments that promote foreign luxury: of curing the expensiveness of pride, vanity, idleness, and gaming in our women: of introducing a vein of parsimony, prudence and temperance: ofRead MoreVisual Arts As A Career1395 Words   |  6 Pagescompany market their product in an effective way. It may be challenging to find your niche at first. Do not give up on your dream too soon. If you feel the drive to create, then you can do so successfully somewhere in the creative world. In this essay I am going to explore what it is like to be a working artist. Even though there are many career paths in this field, self supporting artists have many of the same benefits and challenges. As a young student myself, I have many questions about thisRead MoreFreedom Isnt Free1560 Words   |  7 PagesSean Andrew Drop 218 Lee Road 550, Phenix City, AL 36870 (334) 298-3025 SSKareBear@aol.com DOB: August 30, 1994 Senior in High School Pacelli High School (706) 561-8232 Word Count: 1500 â€Å"I have read and understand the guidelines. The essay submitted is original and of my own creation.† Freedom isn’t Free By: Sean Andrew Drop Freedom isn’t Free When our founding fathers were drafting out the Declaration of Independence they knew then that the British were not going to take our stanceRead MoreFlat Tax System Essays1742 Words   |  7 Pages The current tax system is extremely complicated and punishes those who are successful by taxing people more than the average citizens. If flat tax were to be in the United States it would create fairness within the economy and be less complicated. Flat tax would not punish people for having higher income; instead flat tax would create equality to all tax payers. The taxpayers would not be complaining to the neighbors or their close relatives about their tax rates and how different they are from

Saturday, December 14, 2019

Alliant Energy Case Study Free Essays

1. Who are the main players (name and position)? William D Harvey, Chairman and CEO of Alliant Energy Jamie Toledo, head of supplier diversity program- Alliant Energy 2. In what business or businesses and industry or industries is the company operating? Energy/Utility- Alliance provides electricity and natural gas service 3. We will write a custom essay sample on Alliant Energy Case Study or any similar topic only for you Order Now What are the issues and problems facing the company? That diversity within the workforce and supplier base does not meet corporate core values and goals (to create and retain/maintain a diverse workforce/supplier base, and place women in positions not traditionally held by women, still need more ethnic diversity) in order to maximize their abilities Employees are confused about Alliant’s definition of diversity Employees’ perception of diversity (affirmative action, work attitudes, job satisfaction) 4. What is the primary problem for the company/organization in this case? That diversity within the workforce and supplier base does not meet corporate core values and goals 5. Why have the problem (s) you cite emerged? Identify the causal chain (the events or Circumstances that caused the problem-Some will be Internal Weaknesses, others EXTERNAL Threats). Employees’ perception of diversity (affirmative action, work attitudes, job satisfaction— external threat, people come to the workplace with preconceived notions regarding diversity. Employees confused about definition of diversity- Internal cause by lack of training and lack of understanding regarding management’s expectations 6. What are the characteristics of the industry that the company is in and how is the Industry changing over time? Not typically an industry that includes many women, and is not located in an area of the United States that is particularly diverse. Industry is continuously growing as the need for energy increases, thus more people will need to be hired and more suppliers will be needed. The marketplace is full of many different ages, races, and religions. An organization with employees that reflect these different groups will be more successful in serving consumers because their workforce reflects the diversity of the marketplace 7. What is the firm’s strategy for differentiation, enabling them to compete within the context of their industry? According to Jamie Toledo, having diverse suppliers leads to new perspectives and creativity, it supports local communities, and ensures diverse businesses have fair opportunities. In addition, having a diverse workforce enables the company to understand the marketplace and increases the company’s chances of succeeding . What are possible solutions to the problems you have identified? Continue to communicate senor managements’ commitment to diversity, explain the benefits of diversity, active participation of employees in the training, create an internal diversity council 9. What are the advantages and possible disadvantages of your solution(s)? Advantage: more training and m ore continued reinforcement typically leads to more involvement and awareness, employees now know the definition and of and benefits of diversity at it applies to their jobs and company. Possible disadvantage: the scripted training may reinforce stereotypes. All day, mandated training may lead to some employees not grasping all the elements of the training 10. Are there any possible problems with your suggested recommendations? What contingencies need to be accommodated? Training may be too scripted, not enough employee involvement†¦. Solution= include more informal forums or guest speakers. Could also spread the scripted training over the course of multiple days. How to cite Alliant Energy Case Study, Free Case study samples

Friday, December 6, 2019

Prometheus Bound Immortality Essay Example For Students

Prometheus Bound Immortality Essay A monologue from the play by Aeschylus NOTE: This monologue is reprinted from The Dramas of Aeschylus. Trans. Anna Swanwick. London: George Bell and Sons, 1907. IO: I know not how I can deny your wish,So in clear word all ye desire to knowThat shall ye hear;Yet am I ashamed to tellWherefore on me, forlorn one, burst the stormHeaven-sent and whence this forms disfigurement.For evermore would nightly visions hauntMy virgin chambers, gently urging meWith soothing words;O damsel, highly blest,Why longer live in maidenhood when theeWait loftiest nuptials? For by passions dartInflamed is Zeus for thee and fain would shareThe yoke of Kypris. Spurn not thou, O child,The couch of Zeus, but to the grassy meadOf Lerna hie thee, to thy fathers herdsAnd cattle-stalls, that so the eye of ZeusFrom longing may find respite. By such dreamsFrom night to night still was I visited,Unhappy one; till, taking heart at length,My night-born visions to my sire I told.Then he to Pytho made a herald sentAnd to Dodona; seeking to be taughtHow best, by deed or word, to please the gods.But they returned, announcing oraclesOf riddling import, vague and hard to spell.At len gth to Inachos came clear response,By voice oracular commanding himFrom home and father-land to thrust me forth,At large to range, as consecrate to heaven,Far as earths utmost bounds. Should he refuse,From Zeus would come the fiery thunderbold,And his whole race extirpate utterly.Then yielding to such Loxian Oracles,He drove me forth, and barred me from his home,Against his will and mine; but, forcefully,The curb of Zeus constrained him this to do.Forthwith my shape and mind distorted were,And horned, as ye behold me, goaded onBy gad-fly, keen of fang, with frenzied boundsI to Kerchneias limpid current rushd,And found of Lerna. Then the earth-born herdsman,Hot-tempered Argos, ever dogged my steps,Gazing upon me with his myriad eyes.But him a sudden and unlooked-for fateDid reave of life; but I, brize-tortured, stillBefore the scorge divine am driven onFrom land to land; the past thou hearest; nowIf thou canst tell my future toils, say on,Nor, pity-moved, soothe me with lying tales,F or garbled words, I hold, are basest ills.