Verizon’s Form 10-K describes the type of business that is. Also, it gives risk factors that Verizon could experience. These are that the economy could affect the results of their operations, that they have a lot of competition, that they need to keep update to date with technology to maintain their place in their market, their dependence on suppliers and vendors, there could be changes in regulatory framework, possible cyber attacks that could affect their networks and systems, natural disasters, terrorist acts or acts of war could disrupt business practices, Verizon has significant debt which could increase, adverse changes in the credit markets could increase their borrowing costs, increases in pension benefits and retiree healthcare benefits, …show more content…
It says Verizon invested 78.3% in their network equipment, 12.1% in land, buildings and building equipment and 9.6% in furniture and others. Furthermore, their Form 10-K shows their lowest and highest stock prices per share for 2017. They were $47.80 to $54.83 for the first quarter, $44.36 to $49.55 for the second quarter, $42.80 to $50.32 for the third quarter and $43.97 to $53.69 for the fourth quarter. The Form 10-K also lists all of Verizon’s Directors, Executive Officers and Corporate Governance. Lastly, it breaks down Verizon’s operating expenses and net income from 2013-2018 and there was a steady increase in net income from 2015-2017. This information gives the stakeholders an in-depth breakdown of the financials for Verizon. This will show investors and shareholders that they could benefit from doing business with Verizon. Suppliers can see that their will be continual business opportunity with Verizon because they are continuing to …show more content…
Internet security and privacy is the most important risk considering the business they are in. One issue is keeping their customer’s financial information safe from hackers. Also, in 2016 Verizon was found guilty of collecting information about their customers without their authorization. They used “supercookies” to collect customer data and didn’t report it to the FCC. This is the most important because internet security needs to be such a priority now with all the hackers and with the amount of people’s confidential information on computers and cell phones, it is so important to keep this safe. Stakeholders could be affected if Verizon was found to not properly secure people’s confidential information. There could be a loss of business that could cause a loss of jobs, a lower share price and an overall loss of confidence in Verizon. The next important global ethical risk is that Verizon could encounter the instability of working in foreign markets. Foreign markets can have an unstable economy, social unrest or political instability. These could cause a loss of production for Verizon. Also, there are some important ethical principles that are focused on in the U.S. that other countries don’t prioritize. Some examples of this are confidentiality and proper record keeping. This is a large problem because you must maintain integrity and an ethical approach
The Property, Plant, and Equipment account expanded by 85%. Accounts Payable expanded by slightly more than 430% .Reservation installments (an unmerited income account) additionally expanded by approximately 50%. In 2014, net income bounced back with an increase of $220026, after decreasing drastically in 2013. However, this is not the highest net income so far made by Tesla.
With a high rate of inventory turnover at 42 times in one year, they only make 53 cents of sales for each of their assets. In comparison to their competitors they do better at efficiently collecting their receivables from consumers with 9.8 times a year and AT& T only has a receivables turnover ratio of 8.8 for 2015. Verizon is strong in return on equity with their ability to efficiently manage assets and gain earnings and has grown in this over the last five years. While in return on assets there has not been much growth, unlike profit margin where the firm has an increasing efficiency in managing operations.
1. Introduction JetBlue Airways Corporation (JBLU), incorporated in Delaware in 1998, is the fifth largest passenger carrier in the U.S. based on revenue passenger miles. With an average of 800 daily flights, it serves more than 30 million passengers and provides flights to 82 destinations in the U.S., Caribbean, and Latin America. Purpose of this paper is to analyze the current issues of JetBlue and provide strategic solutions.
A. ETHICAL ISSUE(S) AND DILEMMA The spate of employee suicides in recent years at Taiwanese technology giant Foxconn in China has sparked an international uproar over the working conditions of Chinese workers and has drawn heavy criticism by people all over the world to the unethical behaviour of Foxconn. Apple, who is the largest client of Foxconn, has also been thrust into limelight after being accused of ignoring the issue and being indifferent to the workers in its supply chain. The main ethical issue from the Foxconn case would be whether it is ethical for Mr. Terry Gou, the chairman of Foxconn, to increase the profits of Foxconn (so that share price is maximised), at the expense of the personal well being of its employees.
Even though some CEOs or CFOs don’t seem to understand this fact, it must be understood that cybersecurity is of the upmost importance. "For those businesses who haven’t yet acknowledged the severity of cybercrime, it’s time to wake up and prepare yourself for what could be a business-critical event and implement security measures that will keep your data safe." (The pros and cons of cybersecurity) Hackers and Cyber Criminals must be kept out if your company is to remain viable, trusted, and
1)Phishing: Phishing is type of method in which the attacker uses the method of sending an email to a user which lets the person to claim a falsely thing through an established and reputed company. Then this email will directly open an website where the user needs to fill up his personal information, bank cards details, passwords and other identifiable things. This website is however a bogus and will capture and steal all the information that the person enters on the page. There can be an increased costs to the company in setting up all the anti-phishing software, setting up new computer programs and etc.
But wasting time in informing customers puts their customers at a highest risk from any threats while these companies choses to avoid consequences. This scenarios give us an illustration of how companies can easily prioritize their bottom line over customers. This kind of threat involves financial security and privacy, it’s unsafe when personal information data becomes digitally accessible. This decision in delaying to tell customers about being hacked with their personal information it’s consider by company self interest. But also there are reasons why companies choose to wait before informing customers through media.
The major privacy issues facing organizations today are the privacy of employee data, customer data, and corporate data. Employee data consists of things like health information, bank account details for direct deposits, and other PII designated data like a social security number or driver’s license number. Customer data elements can be different based on the type of company but some examples are financial data, health information, call detail records, and PII. Corporate data consists of company organizational structures, finances, human resources, legal matters, trade secrets and other intellectual property. A breach of any one of these types of information could be detrimental to any company.
1Introduction Ethics is the standards of how to deal with the relationship with each others. And the companies need business ethics to govern relationships with all aspects of stakeholders. The need for a company’s business activities followed the business ethics has positive impact to its stakeholders. 2What is ethics?
“Ethics”, in an organizational context, comprises a set of behavioral standards, expressed as norms, principles, procedural guides, or rules of behavior, defining what is appropriate (right) and inappropriate(wrong). Grounded in a system of values and moral principles, these behavioral
Toyota is the biggest manufacturer of cars forecast on selling over 150,000 to 10 million vehicles. As well as being a top seller, Toyota will likely outsell both Volkswagen AG and General Motors and remain the world’s best-selling automaker. Thought many successful events, Toyota has shown resistance to internal weaknesses and threats within the company. The company’s perseverance and strategies also helped them highlight many of their possible strengths and opportunities. Toyota will be able to point out any mistakes, make improvements, and take advantage of opportunities using a SWOT analysis.
The size of the ethical market According to the Co-operative Bank, the market for ethical products and services includes the following sectors: Ethical food and drink The green home Eco-travel and transport Ethical personal products Ethical finance Expenditure on ethical goods and services in the UK increased almost threefold in the ten years between 1999 and 2008. However, it still represents less than 1% of total household expenditure. The ethical market in the UK was worth £36 billion overall in 2008, compared with £13.5 billion in 1999 (Source: The Co-operative Bank).
Work Integrity Work integrity involves being honest and truthful, being responsible or liable for self action, behave ethically and professionally. Always we talk about integrity at the work place, why it is so important? Work integrity is the bond that creates a good relationship at work with the colleagues or managers. Without a good relationship or without trust it is very difficult to work as a team. The following are the three main principles of workplace integrity (HIRE Waterloo, 2012): a.
The assessment is related to the importance of ethical issues and challenges in an organization and the impact that they have on its overall productivity. The organization that has been chosen for analysis is Shell USA. Shell has been involved in the business of exploration and production of oil and natural gas in the US for more than 60 years. The operations of the organizations are based on using best available technical practices through which they can provide effective services to the community. The organization has been involved in operating many exploration projects across different area of the country (Shell, 2016).
Introduction This report is containing some basic marketing information and a SWOT analysis conducted on a well-known automotive and energy storage company- Tesla Motors. The first part information of Tesla will be discussed in the organization’s background that is including its products. Secondly, the framework of SWOT analysis about Tesla’s internal and external environment in point form. Lastly, explanations of each point related to its current operations, financial situation, product positioning, geographic markets and distribution network.