Organization’s management to research

 

Imagine this scenario: You are being tasked by your organization’s management to research and analyze specific elements related to your company.

Select 1 organization with which you are familiar or use the library resources to locate an organization. You may also use an organization you used in previous assignments.

If you’re using the library resources to locate an organization, access the Research Databases page on the University Library website. Use the following instructions to access organization information using either EBSCOhost or Plunkett Research Online:

EBSCOhost:
1. Select EBSCOhost from the databases list.
2. Select Company Information at the top of the page.
3. Use the search box to enter search criteria to locate companies.
Plunkett Research Online:
4. Select Plunkett Research Online from the databases list.
5. Use the search tools to locate companies.

Gather a company profile and information about the organization you selected.

Write a 7- to 10-page paper in which you:
o Identify the key environmental factors that are likely to affect your organization in the medium and long term.
o Discuss the key drivers for change coming from within the business and organization.
o Analyze the implications of these key drivers for change for your organization (factors to be capitalized/constrained) and explain how this might affect future demand for your products and services.
o Share your vision for your organization’s sector in 10–20 years.
o Explain which aspect of your strategy is most critical to ensuring the future success of your organization.
o Identify what will need to become key priorities and explain how you will address these priorities.
o Discuss how you and your organization might become more forward thinking.

Discuss the theoretical and conceptual aspects of the literature relating to your statements.

Sample Solution

In addition, Rehman (2006) examined the how WCM impacted on financial performance of Pakistani firms listed on Islamabad Stock Exchange (ISE). The study focused on the implication of average payment period and cash conversion cycle on the net operating profit of firms. An empirical study was conducted on working capital management as a financial strategy for Nestle Nigeria PLC. The firm under study was selected for a period of five years, that is, from 2004 to 2009. The study analyzed the effect of various constructs of WCM which included current ratio and collection days on gross profit movement coefficient.

The results obtained by Rehman (2006) indicated that there exists a negative correlation between current ratio and financial performance. The collection days were regressed against ROCE. The pertinent results showed that, the relationship between the two variables was negative. This implied that a reduction in collection days increased financial performance of the firm. Generally, therefore, the study revealed that WCM as a financial strategy not only affects firm liquidity but also its financial performance.

2.3.2 Firm Characteristics and Policies

Certain firm characteristics are associated with high performance of firm. These include size, growth rate, dividends, liquidity and sales (Love & Rachinsky, 2007). The forms that have better growth rate can afford better machinery, and then gradually the assets and size of the firm will increase. Large firms attract better managers and workers who in turn contribute to the performance of the firm. So, both firm and its people support each other’s goals. A study on Saudi’s cement manufacturing firms indicated that the firm size is directly proportional to firm’s financial performance (Almazari, 2013). These findings concurred with a previous study conducted in Pakistan where it was noted that firm size had a significant effect on the financial performance of the firm (Raheman, Afza, Qayyum & Bodla, 2010).

According to Berger and Bouwman (2012) the extent to which higher capital ratios increase the performance of commercial banks during the time of stress is determined significantly by the size of the bank. A study conducted in Nigeria BY Bassey, Aniekan, Ikpe and Udo (2013) indicated that the size of the firm was one of the firm characteristics that were significant with debt ratio of the firm. Moreover, when examining agro-based firms in Nigeria between 2005 and 2010, Bassey et. al., (2013) noted that the firm size was one of the major determinants of short-term debt ratio for the firms under study. A study on listed

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