Getting to know pepsi Term Paper Example | Topics and Well Written Essays - 750 words

Getting to know pepsi - Term Paper Example To enhance the quality of its products and quality of its financial reports, the company relies on the services of KPMG as their main external auditors. All financial reports released by the company have an approval and recommendation of their external auditor. The company releases its annual report at the end of each fiscal year, which ends at the last Saturday of every December. The company’s financial records and leadership is available from the following website http://www.pepsico.com/annual11/#//. The company produces a variety of product for its domestic and global markets. The main products that are produced by the company include Dew, 7-Up, Frito-Lay, Gatorade, Quaker Oats, and Tropicana. Pepsi use the indirect method to report its cash flow activity. Indirect cash flow system of reporting uses applications that convert accrual net income or loss into cash flows through a series of additions and deductions. Pepsi is a market leader in the production and distribution of soft drinks. The company recorded net revenue of $65,881 million, $65,881 million in the fiscal year ending 2011 and 2010 respectively as its net revenue. In the close of the financial year that ended at December 2011, the company was worth $72,882 million (PepsiCo web). This was a significant increase in its total holdings comparing to its closing balance of $68,153 million at the end of 2010 financial year (PepsiCo web). At the close of the trading period ending December 2011, the company recorded a net income of $6,443 million. The company’s stocks were valued at $66.35 at the end of the fourth quarter of the last trading period (PepsiCo web). This stock value attracted a $0.515 as a dividend or return on every share unit (PepsiCo web). According to the value of Pepsi’s closing stock and share equity, Pepsi can be classified as a large company. This is in relation to its annual income and dividend report released by the company. The company’s

Rock and Roll Essay Example | Topics and Well Written Essays - 1500 words

Rock and Roll - Essay Example Rock and roll lyrics in the early 60’s were mostly inclined towards love; nevertheless, numerous other themes were addressed either independently from or alongside romance. A noteworthy element of rock and roll in the 60s was that it was markedly inclined towards the musicality and authenticity of ideology unlike other genres such as pop. During this period, several other music varieties emerged bearing a distinctive rock music sub-genre feel such as RnB Folk rock and Jazz fusion among others. The period also saw the development of more specific music types such as progressive rock, this particular genre majored on artistic elements while glam rock could be said to emphasize showmanship as well as the visual technique. Notably, the diverse and enduring major sub-genre that is heavy metal has retained most of its initial attributes also was also introduced around this time, unlike the others it focused on the volume power as well as speed. Fashion In 1999, the metropolitan muse um of Art acknowledged the role played by rock music in fashion in an exhibition running from up to 2000 in which the significant stages in rock and roll fashion were on display (Vogue, n.d). Fashion is one of the most important art forms and so is music as such it was only natural that the two are merged and the impact of the unity of the two was seen in performance of rock and roll from the onset. In its advent, the influence of rock and roll in fashion was seen in the clothes popularized by the early rock stars; Elvis Presley had his blue suede shoes, the Beatles in the British invasion brought with them their hairstyle, which influenced the American hair fashion sense for decades (Gritten, 1994). In addition, Motley Crue’s Nikki Sixx and many others then also inspired tattoos that came in vogue around. In the 60’s, musical groups would wear stage uniforms made in expensive materials for stage performances and they would be identified with their particular looks whi ch their fans often copied. In the mid 60’s, the rolling stones showed up and they introduced the tough leather wearing street image and are credited with being the first to cast aside the group fashion mentality. Each of them adopted his own style and they did not have to conform to a specific dress code or uniform, this spawned a myriad of fashion trends and actually brought about a split in the cultural scene where there were two groups, the mods and rocker. The former preferred expensive high end clothing and rockers went for jeans and t-shirts, the rockers clearly won in and even today, the fashion trend which they set in the 60’s is still dominant today among both artists and in the fashion industry. In addition, the late sixties, rockers embraced the hippie fashion, wore jeans, tie, and dye t-shirts, which became totem of the 1960s fashion. In the 70’s, when disco hits became popular the urban styles that were the epitome of fashion took a firm hold on to day’s world and have continued to evolve over the years. Grudge was popularized by bands such as nirvana, which were characterized by a gothic look that is a major part of today’s performance of rock music both on stage and on the digital media. Surprisingly, todays rock stars such as Bon Jovi have not moved too far away from the 70s and 80s fashion and in his videos such â€Å"We weren’t born to follow† there is a distinct similarity between the rock stars in their faded jeans and t-shirts to their forerunners decades ago. In addition, the individuality that sparked off by the rolling stones

International Management Essay Example | Topics and Well Written Essays - 1000 words

International Management - Essay Example The firm needs to be restructured to keep up with its international growth and a plan needs to be developed to change the organization to fit its new multinational status. Tossavainen (2005, pg. 1) claims that, "the utilization of an enterprise resource planning system in an multinational enterprise can be explained by the following elements: 1) organizational awareness, 2) imperfect autonomy, 3) change orientation, 4) transformation triggers, 5) Enterprise Resource Planning system impact, and 6) successful performance. The implementing organization defines ERP, it must reflect the MNE strategies and management. Therefore, new organizational capabilities are required for the implementing organization to achieve the promised benefits associated with the ERP." In order to implement effective solutions, careful organization and planning must be followed. A model needs to be developed that can be followed carefully. An ERP must be enabled for long-term use. In order to accomplish this, one way is to implement it through "initial implementation, enhancements, deployment rollouts, support of the use, and upgrades" (Tossavainen, 2005, pg. 1). It is also suggested that organizational mechanisms are updated. Multinational enterprises are fascinating to research due to their state of constant change. The information systems that are used in multinational enterprises make it difficult for uniformity across the board since the branches of the organization are located in many different locations. Fortunately, new information systems are now being developed that solve this problem, such as enterprise resource planning systems. They are designed to "integrate operational data with logistics business processes" (Tossavainen, 2005, pg. 1). Thanks to enterprise resource planning solutions, businesses can now operate comfortably on a global scale. What the Literature Says About the Subject Research is being prompted in this area due to the increasing complexity of multinational enterprise management. It is also being prompted because much enterprise resource planning research that is already in existence is ambiguous in nature and there is much failure in implementation of the systems. According to Tossavainen (2005, pg. 1), "A new permanent organization structure that integrates business and information technology (IT) domains is needed to accomplish variety of tasks related to the ERP system." How a Firm Gains a Status of Multinational Corporation According to Tossavainen (2005, pg. 1), "An MNE has several units across separate geographical locations with different degrees of freedom in their activities. Hence, an MNE is geographically, time-wise and environmentally (both externally and internally) diverse." Part II Introduction This scenario introduces the case of a company that sells underwear for men and women. The manager has decided to invest into a firm in Romania that will produce the product for the company. As such, he is sending a manager for the subsidiary, an accountant, and an engineer for the Romanian firm. A Plan for Organizational Change in a Multinational Enterprise The basic outline for the organizational plan change in this

Requirements for an Effective and Efficient HR Professionals Essay

Requirements for an Effective and Efficient HR Professionals - Essay Example According to the report  in-depth knowledge on an organisation’s strategy, â€Å"performance goals and drivers, and the sector in which they work† involving the external context that can affect business operation including the market factors such as demography, customers, competitors, and globalisation. Thus, HR practitioners should be familiar with the â€Å"language† of the business operation in empowering human resources to utilize their potential in business accomplishment. Next is wide comprehension of the 10 professional areas. Then, reviewing the local and international law on â€Å"access relevant employment and discrimination† within their jurisdiction. The political and economic factors are the external and internal forces that induce business performance and creating strategy and plans applicable to combat them.  From this study it is clear that  organisational development entails HR capability to intervene or manage changes in the cultura l aspect of an organisation. The changes implemented must develop the organisation’s performance and adaptability to the planned change process. In achieving goals, HR professionals must employ the right workforce to gain competitive advantage than its competitors.  This practice is called resourcing and talent management. They must recruit, select, and retain employees with worldwide talents through interviews and tests suitable to their needs.  Learning and development is essential in managing change that needs acquiring of new skills and talent as coping mechanism.... The CIPD (2009a) requires an HR professional to be knowledgeable in leading, engaging, and aligning people with diverse cultivation to deliver the strategic plan at the appropriate time. The third area is organisation design wherein HR must ensure that employees’ skills and qualifications match the job designation to attain organisations’ short term and long term goals, and the structure design of the internal and external environment â€Å"fit in the current and future organisational strategy (Weingarden, 2011, p.5). Organisational development entails HR capability to intervene or manage changes in the cultural aspect of an organisation. The changes implemented must develop the organisation’s performance and adaptability to the planned change process (Cummings & Worley, 2009). In achieving goals, HR professionals must employ the right workforce to gain competitive advantage than its competitors. This practice is called resourcing and talent management. They mus t recruit, select, and retain employees with worldwide talents through interviews and tests suitable to their needs (Armstrong, 2009). Learning and development is essential in managing change that needs acquiring of new skills and talent as coping mechanism. HR professionals must know how to assess employees’ competency level before conducting training. They should act as coaches or mentor to enhance employee’s performance, and design programs for knowledge management and evaluating learning outcomes (Armstrong, 2009). In addition, HR professionals must develop a reward system based on the quality performance of employees in fair and equitable manner to motivate them. To establish cooperation