Limited Liability In Group Companies

Limited Liability in Group Companies
Corporate groups can be defined as a company structure where several companies are
interconnected through contract shareholding or as Dine says, "By interlocking dictatorships." In
these structure holding companies usually have control and influence over subsidiaries. Limited
liability on the other hand, is the logical consequence of the existence of a separate legal entity or
generally, the concept simply means that since the company is different from the shareholders, the
members are only liable for the amount unpaid or their shares and not for the debts of the company
When limited liability is easily and cheaply available can be explained as removing unnecessary
legal bars which can be an inhibition to progress of economic activity ... Show more content on
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They include It facilitates easy access to credit: Limited liability permits firms to isolate different
lines of business for the purpose of obtaining credit. This allows companies to extend their business
gambles to other legal forms largely other companies in different degrees and forms through share
buyouts or incorporation of subsidiaries. Secondly, limited liability minimizes risks for the
investors: Since modern governments want to see enterprise flourish, they attach great value to
business. However because business involves potential risks, limited liability comes in as a
motivation in case of failure and potentially attracts as many people into business through becoming
a contracting tool and financing device and investors are certain that their personal assets are safe as
the rule is kind of security. Furthermore, limited liability increases the value of assets: When
creditors know the subsidiary they are dealing with, it allows specific stakeholders to closely
monitor where their interests are most vested. It brings about accountability, transparency and
quality management as the directors are cautious that their activities will get to the public domain
leading to quality service with a
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Review of Psychology and Christianity 5 Views Essay
Assessment 1 Assessment 1 What does psychology have to do with the Christian faith? In
Psychology and Christianity: Five Views, by Myers, Jones, Roberts, Watson, Coe, Hall, and
Powlison (2010) is an introductory textbook for Christian psychology that provides sound
arguments for an array of positions on psychology and faith. Each author contributed an essay and in
return the other essayist respond by either agreeing or disagreeing by pointing out faults and
explaining why. The first position by David G. Myers titled, "A–Levels–of–Explanation View," who
is a psychological scientist who supports that Christian theology and psychology are two very
distinct disciplines, but they do share similar goals. Myers defines psychology as, ... Show more
content on Helpwriting.net ...
Furthermore, Jones uses homosexuality, like Myers, as a test case, but is very clear on what scripture
says about this behavior and does not let data change his mind on this topic since the Authority of
Scripture cannot be mistaken. The Christian Psychology view by Roberts and Watson, have a more
historical and philosophical approach. They do not deny modern psychology, but argue that
psychology has been around for the past 2500 years. For example, he brings up issues relevant today
with the Sermon on the Mount instead of the science offered by todays establish psychologist.
Roberts and Watson also claim that Christian psychologist should approach psychology with the
bases of the Christian tradition. "Christians must approach the subject matter of humanity embracing
what God has told us about what it mean to be fully human first; that then is our framework for
engaging psychology as a social science" (p. 183). Roberts and Watson purpose a two–stage
method: "to first appropriate the resources of the rich, Christian psychological tradition, and then to
employ it in the advance of empirical science and applied science" (p.184). This is how a Christian
understanding of the person can come to hypotheses that can be tested, therefore advancing our
comprehension on humans. Lastly, the

Modern Britain Essay
DEPARTMENT OF HISTORY AND AMERICAN STUDIES MODERN BRITAIN [pic] Course
Tutor: Dr Nathan Johnstone (Email: nj8@cant.ac.uk)Lectures: Wednesday 2–3 pm, Seminars: 3–4
pm,Summary: 4–5 pm Learning and teaching The course will be delivered through a combination of
lectures, seminars and summary workshops. Lectures: Lectures are key to the learning process.
However, lectures should be the starting point of your studies, and not the end. Lectures can in no
way be considered as a substitute for independent study and reading. Seminars: The idea of seminars
is to allow the student to take a more active role in the process of learning. In seminars, students can
clarify and explore some of the issues that they have identified ... Show more content on
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To develop an understanding of the ways in which British society is a stratified and differentiated
one. To advance an understanding of the institutional structure of British politics. To develop the
capacity to deal with published

Case Study
Case Brief: Kerl v. Rasmussen (2004) 273 Wis. 2d 106, 682 N.W. 2d 328 The facts in this case are
that Harvey Pierce ambushed and shot Robin Kerl and her fiancé David Jones in the parking lot of a
Madison Wal–Mart where Kerl and Jones worked. Kerl was seriously injured in the shooting, and
Jones was killed. Pierce, who was Kerl's former boyfriend, then shot and killed himself. At the time
of the shooting, Pierce was a work–release inmate at the Dane County jail who was employed at a
nearby Arby's restaurant operated by Dennis Rasmussen, INC. Pierce had left work without
permission at the time of the attempted murder and murder/suicide. Kerl and Jones' estate sued DRI
and Arby's, INC. As in pertinent to this appeal, the plaintiffs alleged ... Show more content on
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We hold that a franchisor may be subject to vicarious liability for the tortuous conduct of its
franchisee only if the franchisor had control or a right of control over the daily operation of the
specific aspect of the franchisee's business that is alleged to *135 have caused the harm. Because
Arby's did not have control or a right of control over DRI's supervision of its employees, there was
no master/servant relationship between Arby's and DRI for purposes of the plaintiffs' respondeat
superior claim against Arby's. Arby's cannot be held vicariously liable for DRI's negligent
supervision of Pierce. The advantage of Arby's being a franchise is that it has Brand Recognition.
Most if not all franchises are well–known companies with established customer bases. Owning a
franchise instead of starting up a new business saves you the time and effort of building a reputation
and attracting customers. Franchises also receive support from corporate headquarters in a number
of areas including marketing, training and even financing. Corporate headquarters of large
franchises are ready with advice and expertise for making the business the best it can be. Many
companies help

Financial Ratio Analysis Performance Report Essay
1.0 Executive Summary This report provides an analysis and compare of the current profitability,
efficiency and financial stability of Premier Investments Ltd and David Jones Ltd over last 2 years.
Methods of analysis include trend, horizontal and vertical analyses as well as ratios such as Gross
Net profit margin, Inventory turnover and Current ratios. All calculations can be found in the
appendices. Results of data analysed show that David Jones Ltd have better performance and is
more stability than Premier Investments Ltd. In particular, Premier Investments Ltd's profit had
dropped almos half than the year before.The report finds the prospects of both companies in their
current position are pretty positive. The major areas of ... Show more content on Helpwriting.net ...
Premier Investment's Gross Profit Margin has increased slightly from 59.09% in 2010 to 59.51% in
2011. The increase is not huge, but the margin is pretty good, and it reflects that the company keeps
the cost under control. On the other hand, the Gross Profit Margin for David Jones has decreased
from 39.73% in 2010 to 39.11% in 2011. This decrease is not very huge, but the overall figure
reflects not a very profitable condition. These margins are well below the profitability of Premier
Investments. This means that David Jones has a relatively poor cost control. Net Profit Margin The
Net Profit Margin is a more refined measure of profitability. Gross Margin reflects half of the costs,
and does not include the effect of operating costs. However, net profit margin includes the operating
costs, as well (Vance 2003). Premier Investments' Net Profit Margin has decreased from 16.11% in
2010 to 9.54% in 2011. This is a significant decrease in profitability, since the net margin has
decrease by over 5%. It reflects that the company is unable to control its operating expenses. David
Jones Limited, on the other hand, had a net Profit Margin of 12.11% in 2010, which increased to
12.62% in 2011. The increase is not very huge, but the overall Net Profit Margin is

Swot Analysis Of Myer
The biggest competitor of Myer is David Jones. Compare the physical availability of two retailers,
Myer as the largest department store in Australia, it has 67 retail stores chain across Australia and
four distribution centres, which David Jones only have 35 store across the country and 2 warehouses
(David Jones, 2017). Furthermore, compare with David Jones, most of the the brands sold in Myer
are local brans and they tare target to mid to up market. However, David Jones is target to up
market, most of the brand sold in David Jones are unique international brands, which also makes
products sold in David Jones are relatively more expensive (Avenell, 2009).
Myer has been doing great on its distribution, and its retailer stores across the ... Show more content
on Helpwriting.net ...
Word–of–mouth is the major factor to help people make decisions on buying high–involvement
products (Gu, Park, & Konana 2012, p. 182).
For people who wants to buy clothing in Myer, they usually go shopping with friends or family, so
they could get some suggestions from others. When people making decisions of buy new clothes,
usually they have little knowledge of how the cloth will looks like on them, so they need to try them
on, this process often take a long time. The influcences at the points of sales of these products will
be whether customers like the style or not, the suggestions from friends, families and salesperson,
and whether customers think the product worth the price (Rahman, Rahaman, Jensen, & Gällstedt
2008, p. 42–43).
Moreover, Myer also sell some low involvement products such as toys, kitchen appliances and home
appliances. For this products, customers usually spent a short amount of time to make decision, and
according to the research, the biggest influence on people making decisions in buying situations is
the price of the product. A price promotion will increase the sales of the brand and influence
decisions between similar alternatives (Kalnikaitė, Bird & Rogers, 2013).
Taking Myer on the Rundle mall as an example. Firstly, the above photograph show that Myer has
three fronts doors

Do Youth Sports Get Too Competitive?
Youth sports are something that almost every child in America tries, some kids want to become
professional athletes, but for some they know right away that sports are not for them. Recently,
several sources have been arguing that youth sports are getting too competitive. Youth sports are an
exceptional way to keep kids focused on academics and out of trouble.
Youth sports are a good way to keep kids more involved academically, because most sports team
require a certain grade point average to play. Jones, the author of an article about athletic women
interveiwed multiple of them and they all had something in common, their views in life and how
sports get them there. "... drive to succeed going back to childhood, a drive in the classroom as well
... Show more content on Helpwriting.net ...
Rodriguez and Degnan also had a part in their newspaper article of the "parents role" this showed
the way most parents react to children when they play sports. "Parents must make a serious effort to
take an active role in the youth sports experience of their children, providing positive support as a
spectator, coach, league administrator and/or caring parent" (Degnan, Rodriguez). This quote shows
the serious effort that parents do take to make their child's sport as fun and enjoyable as possible.
Published in the NY Times, Bill Pennington wrote an article about competitive sports and in his
article he had a quote that shows how sports are good for kids " sports teams for children is simply a
sign of changing times; it is a valuable way, they say, to teach fundamental principles and
competencies like teamwork, accountability, self–reliance and dealing with adversity "
(Pennington). Since many parents believe that there are no positive effects to sports and they just
bring your confidence down, this quote lists the reasons why sports are so important to young kids.
Although sports are a great way to keep kids on track, some still believe they have less time for
learning. "Individualized instruction for athletes, once limited to individual sports like tennis, has
become a national phenomenon in team

David Jones Cash Flow Report for His Annual Report 2010
ASSIGNMENT
OPTION 1
The financial statements for David Jones Ltd can be accessed from the following website
http://www.davidjones.com.au/For–Investors/Presentations–and–Reports–2010/Annual–reports–
2010. Examine these statements and answer the following questions:
* What were David Jones's main operating activities during 2010? What were the main differences
between the accrual and cash flow effects of these activities?
* If you owned 10,000 of the company's shares, what would be your claim on the company's
earnings for 2010? Was this a larger or smaller claim than you would have had for 2009?
* What were the company's main sources of cash for 2010? In general, what did the company do
with the cash it ... Show more content on Helpwriting.net ...
Ideally, any business wants the outbound cash flow to be lower than the inbound cash flow. Figure
1.1 illustrates the Consolidation Cash Flow Statement on Operating Activities for FY2010 in the
Annual Report to the Financial Statements on page 63.
1.2 Main differences between the Accrual & Cash Flow effects of these activities for David
Jones
Limited
Cash flow can be used as an indication of a company 's financial strength by the comparability of
the inflows and the outflows cash flows are essential to solvency. The statement presents a record of
something that has happened in the past, such as the sale of a particular product, or forecasted into
the future, representing what DJS expects to take in and to spend. Cash flow is crucial to an entity 's
survival.
Accruals are an amount you provide for currently as a liability in the Financial Statements (page 84)
with the intention to repay in the future because of "the amount of which are not known at any
certainty" (Bazley & Hancock 2010).
The Cash or Cash Equivalents of the Cash Flow Statement groups cash records of inflows and

outflows either increasing or decreasing the Cash Flow Statement (page 63). This is different form
expenses and revenues because the exchanges of Cash or Cash Equivalents for a future payment are
not yet recorded (accruals). Accruals is a

Strategic Rationale For The Acquisition Of Myer Holdings...
1 Strategic rationale for the acquisition of Myer Holdings Limited 1.1 Growth motive The main
reason for this Mergers & Acquisitions(M&A) activity is the growing scale of Premier Investments
Limited (Premier). The target for acquisition is Myer Holdings Limited(Myer). Myer is an important
customer for Premier with significant common interest. And the competitor, Woolworths South
Africa(Woolworths) has already achieved the David Jones acquisition. Therefore, Premier choose
Myer as the target for acquisition. 1.1.1 Growing scale and Geographic the acquisition of Myer will
greatly help Premier expand its retails into some new geographic regions and acquire more
capabilities faster with lower risk than developing them internally. M&A activity does help Premier
get benefits on location from industry consolidation and acquire the control over supplier. 1.1.2
Competitive position For both Myer and Premier, the M&A is an appropriate way to satisfy the
higher return for their shareholders and enhance their economic strength. In addition, Premier will
enhance its rate of innovation through acquiring new technology and intellectual property. Also,
Premier can diversify the company's products into some new market segments and attract new
customers and partners. Also, this M&A activity can improve the market competitiveness of Premier
against other strong competitors in Australian market and such as Woolworths. 1.2 Synergy The
acquisition of Myer has the robust view on synergy for

David Jones SWOT Essay
David Jones Ltd (DJS), one of Australia's oldest and most recognised department stores was
founded in Sydney in 1838 and is a retailer of diversified products ranging from clothes to daily
home products. This report's purpose is to provide the David Jones' Board and Senior Management
advice through the assessment of SWOT, resources, capabilities and strategies with a Balanced
Scorecard and Strategy Map as the measurement of the strategies. Part A–1: David Jones Strategic
Analysis – SWOT STRENGTHS Brand Name, Product and Brand Portfolio DJS was the first
department store in Australia and its black–on–white hounds tooth was judged one of the Australia's
top ten favourite trademarks in 20061. DJS maintains a wide variety of products and ... Show more
Business expansion The physical store is an "experiential centre" where customers are able to
interact with the brand and although e–retail provides choice, convenience and access, face to face
customer service still reigns supreme (business insider article) the physical store plays an important
role in the retail industry allowing consumers to touch, feel and take a product home fast. By
increasing physical presence, and improving systems and processes, companies will be able to
enhance the customer experience. THREATS Customer income and preference influence Real
household disposable income has reflected a downward trend from 2009 to 2013 and household
saving did not decrease during 2012, which reduced the level of cash flow meaning store sales will
be affected by a decreased level of income remaining for shopping after spending on daily
necessities. In addition to this, switching costs remain low for customer changing their preferences
because of the diversity of options like Myer, K–Mart or the brand retailer like ZARA and Gucci.
Counterfeit goods market As globalisation brings in new and various products, counterfeit goods
also spread quickly. This has a negative influence on local retailers and trademark owners by taking
away part of their local market share, taking advantage of the designs of a brand's

David Jones
Executive Summary In this report I discuss the comparison of competitive strategies between the
two major departmental stores in Australia being David Jones and Target and how they differ from
each other. I also discuss the current issues that are faced such as Global Financial Crisis that has
had much impact on both stores as well as future threats such as online shopping which is believed
to be the latest trend is shopping which has already affected the stores but could make competition
even tougher in the near future for both stores. Introduction Target Stores is a major retail store that
first opened in 1925 in Geelong as Lindsay's Emporium selling from clothing to household goods,
appliances, sporting ... Show more content on Helpwriting.net ...
Online shopping is a much more convenient and cheaper alternative. As the phenomenon become a
large part of today's society, Target decreased the effect by also introducing Target online which
customers to continue to choose Target to purchase their goods even if they prefer to shop online. As
one of Targets key competitive strategies is cost leadership they must have high control and
emphasise on expenses and costs within the business. For Target to provide greater quality in their
products for a lower price they must focus on cost reduction and lower each cost or expense where
possible. This is where product differentiation also plays a key factor. Target is able to do so by
developing their own lines of products which has many advantages. Firstly by doing so they can
ensure a low price but high quality as the costs of their own lines would be much less as they are
produced within Westfarmers rather than purchasing others lines/brands. These products are also
exclusively available at Target providing them product differentiation as if customers are extremely
happy with their purchase they are only able to purchase it from Target creating a regular customer
base. These products also allow a much higher profit margin due to the lower cost in production and
also allow more flexibility in prices as they can ensure they have the lower prices than competitors
but still make a substantial profit. For Target to have an edge over other competitors

Analysis Of David Jones Limited, The Best And Most...
David Jones Limited
MISSION:
To sell "the best and most exclusive goods" and to carry "stock that embraces the everyday wants of
mankind at large"
VISION:
Will ensure that all parts of our business work together cohesively to deliver customer–centric
outcomes to support the initiatives in our Future Strategic Business Plan.
HISTORY:
1. EXTERNAL ANALYSIS
1.1 Industry
David Jones Limited is a foreign–owned public company. It is owned by South African Woolworths
Holding Limited. The company operates department store in Australia. There are 39 department
stores existing across all states and territories in Australia. David Jones department store has a wide
range of product to select, from ladies fashion, shoes and accessories, menswear, children's wear,
cosmetics, home decors, school supplies, office supply and many more. The company also offers
financial services in alliance with American Express. Furthermore, the company also offers other
products and services that include insurance cards, gift cards, online shopping, gift registry,
hampers, flowers, food hall, The Rose Clinic health screening and interior decorating, (IBIS World,
2013)
Goods are normally sold through separate in store departments. Department store purchase products
from wholesalers and manufacturers and sell them to consumers, generally without changing the
products. They also undertake activities like customer service, product merchandising, advertising,
inventory control and cash handling.

Systems Model; Critique
Critique the relevance of the systems model to the study of politics
Models, theories and concepts as approaches for analysing policy and decision making have been
developed by political and social scientists to guide the study of public policy, to facilitate
communication and to suggest possible explanations for policy actions. This essay is a critique of
the relevance of the systems model to the study of politics.
A model is conceptually defined as a theoretical representation of empirical data that aims to
advance understanding through highlighting of significant relationships and interactions. According
to Heywood (2007) one of the most influential models in political analysis is the Political system
model developed by David Easton ... Show more content on Helpwriting.net ...
A demand can be defined as a condition or situation that produces needs or dissatisfaction among
people for which relief or redress is sought. For example problems such as air pollution,
unwholesome food, abortion, urban congestion, crowded prisons and global warming are conditions
that may become problems if they produce sufficient anxiety or dissatisfaction to cause people to
seek a remedy. For this to happen people must have some criterion or standard by which the
troubling condition is judged to be both unreasonable or unacceptable and appropriate for
government to handle Anderson (1997). Conditions do not become public problems unless they are
defined as such, articulated by someone or defined as such. The systems model therefore does not
explore these highlighted problems.
According to Jackson & Jackson (ibid) the systems analysis is criticised often arguing that the
model on which it is based does not help discern which part of a political system are essential or
influential. It is further argued that it is impossible to predict how or even whether a change in one
part of the system will affect another part. Furthermore political systems are not as closely related as
the model implies. Political systems are not as static as the model implies
Another criticism of the systems theory

David Jones's The Great War And Modern Memory
In his The Great War and Modern Memory, Paul Fussell quotes Theodor Ropp when he asserts that
while "[t]he American Civil war was the first [war]...'in which really large numbers of literate men
fought as common soldiers,'" by the outbreak of the First World War in "1914, it was possible for
soldiers to be not merely literate but vigorously literary" (157). He continues, arguing that because
"the belief in the powers of classical and English literature was still extremely strong" in England,
allusions to the magna opera of the English canon appear throughout the works of Great War poets.
One such poet was David Jones, whose deeply allusive novel–length poem of 1937, In Parenthesis,
incorporates elements of the English canon from its very founding in Anglo–Saxon Britain, through
Malory and Shakespeare, and into the nineteenth century with Romantics like Coleridge. ... Show
more content on Helpwriting.net ...
As Anna Johnson explains, "Old English literature formed part of what Jones called his 'materia
poetica' even in his early work, at a time when his knowledge of it was certainly limited" (89).
Indeed, though she admits that Jones "would never learn to read [Old English poetry] in its original
form," Johnson finds repeated evidence of three Old English poems throughout In Parenthesis: The
Dream of the Rood, The Battle of Maldon, and The Battle of Brunanburh (94). Johnson's critique is
thus a useful point of entry to Jones' often difficult poetry: she notes, for example, how "Jones's
engagement with Old English sources becomes both a part of this modern reality, and a heroic act of
remembrance in the face of an increasingly mechanized world, forgetful of its history"

Corporate Governance Evaluation of David Jones Ltd,...
FINS3626 Group Assignment Evaluation of BBG, DJS, TEN, EWC Executive Summary
Phenomenal growth of interest in corporate governance has emerged in recent years. The body of
literature on the subject has grown markedly in response to successive waves of large corporate
failures. Furthermore, there have been numerous attempts to define what constitutes 'good corporate
governance' and to provide guidelines in order to enhance the quality of corporate governance. It
must, however, be acknowledged that while everyone advocates and wants corporations to maintain
'good corporate governance', measuring the quality of corporate governance structures of the
Australian companies has been, at best, very difficult. The major contribution of ... Show more
In particular, the independent judgement of board members is crucial in the bearing on board
decisions to ensure that this goal is achieved. 1. Does the board comprise a majority of independent
directors? Ensuring that a majority of independent directors to monitor the actions of executive
directors helps to address the potential for, or perception of, conflict of interest of executive director
involvement in board decisions. A good corporate governance structure would encourage the board
to regularly assess whether each non–executive director is independent. 2. Are the roles of the
chairperson and chief executive officer (CEO) exercised by different individuals? This clear division
of responsibility would help to counterbalance the power and influence of the CEO in the decision
making of the company's directors. Furthermore, this would enhance the supporting role that may be
assumed by the chairman in being the CEO's confidante. 3. Has the board established a nomination
committee which consists of a majority of independent directors? The board should be structured in
such a way that it ensures an appropriate mix of skills and expertise to govern the company and
enhance its performance role. The committee should be structured in such a way that a majority of
independent directors can enhance the board's

David Jones
DAVID JONES 8th October 09 Strategic Recommendations Report 08 Fall Executive Summary The
Australian retail industry is experiencing significant changes in both macro and industry
environments. Companies are required to improve customer service quality to retain customers as
rivalry for customers is increasing due to the rising amount of online retailers. To meet this
challenge, David Jones should expand into online retailing. Building customer loyalty will
determine the viability of the transformation into a successful e–commerce company. Additionally,
identification of stakeholders and their requirements are crucial in major organisational changes. To
respond to changes in the external environment, David Jones should scale back ... Show more
Additionally, the increasing overseas migration from Asia (Australian government 2009) will have
an impact on consumer behaviour. These demographic groups have higher spending patterns and
higher preference for branded products, and hence potentially increasing the market for high quality
products (Australian Government 2009). Australia lacks an international image as a major tourism
shopping destination, as compared to Hong Kong or Singapore, that have successfully positioned
themselves as central shopping and retail destinations in Asia (Folk 2009). Additionally, the
geographic distance from Asia reduces tourism shopping in Australia. The rise in protectionism
around the world may negatively impact David Jones' performance due to increasing prices (Kemp
2009). 2.2. Industry Environment Industry characteristics | High capital requirement and specialised
assets | Economies of scale | Brand awareness | Low switching cost | High amount of competitors |
Lack of strategic competitors | High amount of suppliers | Emerging e–commerce sites | Table 2.
Industry characteristics High capital requirements, specialised assets and economies of scale of
existing retailers reduce the incentive of competitors to enter the market. Similarly, the customer
loyalty and brand awareness of David Jones' differentiated product category reduces the incentive to
penetrate the

Case Study Of Pick N Pay And Woolworths
Chapter 4
Introduction:
This section displays the exploration discoveries to the research on the impact of foreign exchange
fluctuations on a business financial position and ability to invest. The examination was directed at 2
firms as a multiple case study, Pick n Pay and Woolworths Holdings where both companies have
direct relations with foreign currency within their respective companies. These companies were
presented with a survey which appear in the reference and appendix D. Out of the 2 respondents, 2
filled and restored their surveys which make a 100% reaction rate. The honourable reaction rate was
accomplished after the analyst directed the polls by and by and influenced individual visits to both
companies and phoned to remind the ... Show more content on Helpwriting.net ...
Foreign exchange risk arises from commercial transactions, recognised assets and liabilities and net
investments in foreign operations. It is the Woolworths policy to fully cover all committed
exposures, except net investments in foreign operations.
The Woolworths has transactional currency exposures arising from the acquisition of goods and
services in currencies other than its functional currency. This creates a risk to business expansion but
also have an impact on the growth in other departments. It is the Group's policy that business units
entering into such transactions must cover all such exposures with forward exchange contracts to
hedge the risk of fluctuation in the foreign currency exchange rate (refer to the accounting policy
note on hedge accounting). Forward exchange contracts and trade payables at year–end.
In order for Woolworths to grow their business they acquired the Australian retailer David Jones.
They for this acquisition they had to pay in Australian Dollars. When there were a depreciation in
the value of the Rand which made it difficult for Woolworths to invest in their foreign operations or
even other

The Pros And Cons Of Wage Misoft
Wage theft is very common in the United States. There are many different forms of it such as
minimum wage violations, illegal deductions in pay, working off the clock, misclassification or not
being paid at all. There are many strong labor laws in California, however, wage theft persists
because of the lack of enforcement. Many employees try to report wage theft violations but the
process can take years. Labor centers states that 83% of workers who can hold a court–order claim
for their unpaid wages do not receive anything. Adding to the fact that victims will not receive their
money, employers can shut down their businesses or open up in another name to avoid cases.
Discrimination and wage theft intertwine with each other. Statically, women and workers of color
face higher rates of wage theft than other groups. A man named Heriberto Zamora was working for
one of the most expensive restaurants in the country. He had twelve to fourteen hour shifts which
accumulated to nearly 60 hours per week and had received no overtime. He was later unfairly fired
and was only able to receive payment with the help of local organization Koreatown Immigrant
Workers alliance who advocated for him. Zamora is an immigrant, and like many others he was
taken advantage of for being an immigrant. Business that underpay and mistreat immigrant
employees are morally and ethically wrong.
Every person regardless of their ethnicity or gender should be paid at least the minimum wage
because their

The American Civil War : Three Perspectives
The American Civil War: Three Perspectives
Jason M. Russell
Reedley College
History 11 Introduction
The analysis of how the Southern States lost the Civil War is based on three articles, each with a
different perspective. According to Died of Democracy by David Donald, the Confederates were
defeated because of internal challenges facing the 11 Sothern States seeking independence. Some of
the challenges facing the Confederate States of America included a predominantly agricultural
economy and slave revolts. In Why the South Lost by Beringer et al., the authors argue that the
Confederates lost because of their weak nationalism, which was constantly undermined by the
feelings of guilt over slavery. Confederates' nationalism had shallow foundations, which caused the
Southern to lack the will to fight for their nation. In the Blue over Grey: Why the North Won George
Frederickson articulates that the North prevailed over the South because the North's social system
was more adaptive to the changing present. From the accounts of the war, it is clear that Southern
States had the will to fight for their ideologies and social system. The Southern society was less
innovate and adaptive; however, the internal challenges facing the Confederates states of America is
the best explanation for why the South lost the Civil War.
The American Civil War: Three Perspectives
According to Died of Democracy by David Donald (1960), unlike the Northerners who were not
facing internal challenges,

David Jones
Internal environment
1. Board of Directors and Management
Structure
David Jones has a skilled, experienced and expertise Board of directors which is accountable for
caring the rights, interests and the management of David Jones.
Chief Executive Officer and Managing director are responsible for setting strategy, planning and
administration for the company on daily basis. Paul Zahra has been "Chief Executive Officer and
Managing director" for David Jones since 18 June 2010. Mr Zahra has more than 30 years'
experience in the Australian retail industry. He has held senior management roles across the retail
sector in the areas of buying, stores, visual merchandising, supply chain, store refurbishments,
customer service and operations. ... Show more content on Helpwriting.net ...
Recognition and Reward:
New Executive Incentive Framework
New Enterprise Agreements
New Frontline Incentive Program
Excellence Awards Program
David Jones does not tolerate harassment, discrimination or bullying in the workplace.
Employees of David Jones can expect to be treated in a fair and professional manner.
Unacceptable behaviours under the David Jones terms of employment: Harassment– Discrimination
and Bullying.
3. Organisational Culture
Diversity
Management and the entire David Jones workforce are embraced of and attract diverse, talented and
motivated people. David Jones' diversity supports commitment to a culture that equally embraces:
gender, age, culture, religious beliefs, sexual orientation and family responsibilities of our people.
David Jones encourages and supports all of our employees to reach their full potential and
irrespective of gender.
David Jones' corporate sponsorship of the National Breast Cancer Foundation and the operation of
Rose Clinics, while a philanthropic initiative, also serves to demonstrate our commitment to raising
health awareness among employees and customers alike. This is representative of our broader
commitment to the promotion of women and issues that affect women
Equity
David Jones has a Share Trading Policy that complies with the requirements of ASX Listing Rule
12.12. This was lodged with the ASX in 2010 and is

David Jones Strategy and Branding
As the new CEO of David Jones, it is recommended that Zahra reinforces internal branding,
leadership capabilities and undertakes a re–evaluation of David Jones' company culture and
employee skills to restore organisational stability and a favourable public image. Reinforcing
Internal Brand to Restore Image
One of Zahra's primary concerns should be to ameliorate the damage of McInnes' actions on the
integrity of the David Jones brand in the public eye. This is a critical organisational behaviour issue
due to the correlation between projected brand image and firm cultural identity (Gioia et al. 2000).
David Jones employees, of which 79.5% are female (David Jones Limited 2010) may feel alienated
from organisation's identity due to ... Show more content on Helpwriting.net ...
2006). Zahra's ability to re–establish these links and control the organisational network will enable
him to lend further to his leadership credibility, as well as effectively disseminate core ideas for
organisational focus (Eisenstat et al. 2008). Organisational Corporate Social Responsibility
The final issue to be discussed upon the inception of Zahra's role is the authority of David Jones'
management and behavioural expectations, focusing on the firm's approach toward stakeholder
complaints. This is stipulated in light of recent litigation by former employee Kristy Fraser–Kirk
following the supposed dismissal of her sexual harassment claims by her colleagues and superiors
(Fenner and Schneider 2010). The rejection of such claims demonstrates a poor understanding of
behavioural expectations within the workplace together with an unsatisfactory commitment to
addressing employee concerns, indicating substandard protocol enforcement in David Jones (Gruber
1998). Dubios et al. (1997) state that the conduct of senior management generally shapes the
organisational culture of a workplace and its employees, and as a consequence, when issues of
sexual harassment are recognised as significant professional concerns and addressed appropriately
by management, awareness and respect from staff will improve along with employee morale, thus
enhancing

Military Strategy Essay
Strategy was originally a military term, defined in the Oxford English Dictionary as: 'The art of a
commander–in–chief; the art of projecting and directing the larger military movements and
operations of a campaign.' Commanders–in–chief and military campaigns do not exist in business,
the public sector or voluntary organizations, but at least this definition conveys the messages that
strategy is the ultimate responsibility of the head of the organization, is an art and is concerned with
projecting and directing large movements, (Armstrong, 2008)
Steiss (2003) witness that the term strategy has being derived from the Greek "strategos", meaning
"general." originated in a military, where in the military; strategy involves the planning and directing
of battles or campaigns on a broad scale, that is, the responsibility of the general. Even Hill and
Jones (2008) declare that strategic ... Show more content on Helpwriting.net ...
In effect, strategy is the pattern of actions managers employ to achieve strategic and ﬁnancial
performance targets. They suggest that the firm's mission and objectives combine to define "What is
a business and what will it be?" and "what to do now" to achieve organization's goals. Therefore a
strategy is an integrated and coordinated set of commitments and actions designed to exploit core
competencies and gain a competitive advantage. It is also an overriding purpose that can align and
mobilize all parts of the organization.
All organizations engage in the strategic management process either formally or informally
knowingly or unknowingly. Strategic management is equally applicable to public, private, not–for–
profit, and religious organizations (Thomson, 2014). Strategic management as applied in the private
sector is an art and science of formulating, implementing, and evaluating cross functional decisions
that enable an organization to achieve its objectives, (David,

Strategic Review of Australian Department Store David Jones
David Jones Limited (DJS) is an Australian retailer tracing its origins back to 1838 when it first
opened in Sydney to sell "the best and most exclusive goods" (DJS, 31 Oct. 2009). It has since
expanded to become a national retail chain comprising of nearly 40 premium department stores. The
subject of this analysis is a strategic business unit (SBU) that is playing an increasingly important
role in the company's future growth strategy; namely the provision of financial services. As the
result of a strategic alliance with American Express (AMEX), DJS launched the David Jones
American Express (DJA) card in 2008 (ASX Media Release, 20 February 2008). To effectively
analyse the value proposition of this SBU and product it is important to ... Show more content on
Helpwriting.net ...
| Customers | DJS retail: "DJ's core customer comprises of 3 generations of women; daughter,
mother, grandmother, with a household income of >$75,000 p.a." (Macquarie Australia
Conference, 2009, Mark McInnes). As the DJA credit card is a product development strategy, of
supplying new products to existing markets, the customers of DJA are essentially the same as the
current DJS customers. | Collaborators | Strategic alliance with AMEX in the provision of the DJA
credit card. International alliances with other retail stores when the DJA card is used within their
stores (eg. Harrods, Harvey Nichols, etc.). Other local 'bonus partners' in the DJA reward program
(eg. Vintage Cellars). | Competitors | DJs competitive environment is summarised using the
following adaptation of

David Jones analysis
A RATIO ANALYSIS
COURSE CODE
LECTURER
STUDENT
EXECUTIVE SUMMARY
In this paper, we demonstrate the use of actual financial data for financial ratio analysis, namely:
liquidity, profitability, assets, capital and market. We construct a financial and industry analysis for
David Jones Limited in comparing the company's behavior between 2011 and 2012. The objective is
to show exactly how to compute ratios for an actual company. This paper also demonstrates the
comparison of the financial ratios of David Jones Limited with main rival Myer Holdings.
TABLE OF CONTENTS
1. INTRODUCTION ... Show more content on Helpwriting.net ...
As part of Future Strategic Plan, the intention is to put up several village format stores that will
focus on Fashion and Beauty. For additional portfolio, David Jones added 85 new brands that
includes Valentino, James Perse, Gary Bigene, Viviene Westwood, Paul & Joe Sister and Nicholas
Kirkwood.
For its Financial Services, the company invested $1.8million to increase spend, balances and the
number of issue cards. The latter business strategy will enhance the growth of new David Jones
Platinum American Express Card, Qantas Frequent Flyer points under the David Jones American
Express Card and for renewed promotions.
BODY
I. Profitability Ratio
A. Return on Equity (ROE) Table 1. ROE Year
ROE
2008
22.2%
2009
22.9%
2010

22.9%
2011
21.4%
2012
13.0%
Analysis
Return on Equity ratio is specifically for shareholders and is aimed at measuring the return they
should expect from their shares in the business. The company's return on equity ratio on 2012 is
13.0%, which shows that after investing in company it will get back 13.0%.
B. Return on Assets (ROA) Table 2. ROA Year
ROA
2008
13.94%
2009
20.06%
2010
20.85%
2011
20.29%
2012
12.44%
Analysis
Return on assets indicates the number of cents earned on each dollar of assets. In 2012, the ROA
decreases from 20.29% to 12.44%. The decrease in value says the asset of the company is not
generating more income

Valuation of David Jones Essay
|BUSINESS ANALYSIS AND VALUATION |
| |
|DAVID JONES LTD |
| |
| |
|BY SENIOR FINANCIAL ANALYSTS |
|FROM |
| ... Show more content on Helpwriting.net ...
Myer has relatively higher debt, indicated by all high debt–related ratios while David Jones has a
tight policy on working capital.
A negative sales growth is foreseeable for David Jones based on the recent report released by the
company and the globe economic crisis. But NOPAT margin will not drop as much as sales due to
cost management and inventory restructure, approximately 4% in 08/09. After 2009, it is expected
that the sales growth to recover and even achieve the highest of 8% due to the company's strategic
plan, with the expansion of new stores and refurbishment of old stores. NOPAT margin is
approaching 9% after the recession, due to the success of the four year expansion plan.
Despite the concern in their debt status, it is believed that strong cash flow position and improving
earnings would decrease debt level to optimum level of 30% in the future.
With the expected WACC of 8.9%, the company is valued at 3.18 dollar per share, ranging from
$2.89 to $ 3.58 per share depending on the situation.
We would recommend a current HOLD position for all potential and existing shareholders .Despite
the strong business model of the company and the efficiency in working capital management, the
current sluggish economic condition coupled with lack of earnings visibility indicates uncertainty
about the future share price.
DAVID JONES AND THE RETAIL INDUSTRY
RETAIL INDUSTRY
The main products in Retail industry are consisting of

Financial Report for David Jones Essay
Financial Report Analysis for David Jones Ltd Table of contents 0.0 Introduction
––––––––––––––––––––––––––––––––––––––––––––––––––––––– 1 1.0 Strategy Analysis
–––––––––––––––––––––––––––––––––––––––––––––––––––––– 1 2.0 Accounting Analysis
––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 4 3.0 Financial Analysis
––––––––––––––––––––––––––––––––––––––––––––––––––––––––– 9 4.0 Prospective Analysis
–––––––––––––––––––––––––––––––––––––––––––––––––––––––– 18 5.0 Conclusion and
Recommendation ––––––––––––––––––––––––––––––––––––––– 19 6.0 Reference
––––––––––––––––––––––––––––––––––––––––––––––––––––––– 20 7.0 ... Show more content
1.2.3 Substitute Products Threat The range of products of the industry is wide; as a result, customers
are able to consume the same products in different stores. Therefore the threat of substitute is quite
high. 1.2.4 Bargaining power Due to the fact of price sensitivity is high, consumers are willing to
consume identical product with lower price; they stand on a strong bargaining position. On the
contrary, suppliers have relative strong bargaining power because the high concentration of the
industry. 1.3 Competitive strategy analysis In the DJs annual report 2011(David jones Ltd 2011), the
major differentiation from their competitors is their "home of brands" strategy and continually
updating the brand portfolio and offering exclusive brands in order to reinforce the position as
Australia's fashion authority. "As an example in retailing in Australia, DJs has succeeded on the
basis of differentiation by emphasizing exceptionally high customer service."(Palepu et al.2010,
pp.37). For a customer who is willing to buy a g–star shirt, DJs provides a wide range of products
including this shirt and offers consumers options without additional spend. DJs has been achieving a
competitive advantage for its differentiation. 1.4 SWOT Analysis 1.4.1 Overview SWOT analysis
includes the analysis of strengths,

This report explores the marketing channel problems that...
This report explores the marketing channel problems that David Jones, a high–end Australian
department store chain, is currently experiencing. Since it was founded in 1838, David Jones has
expanded to the 35 stores, two warehouse outlets, and the online site that it now operates. It is
Australia's second–largest department store chain and sells a range of the finest national and
international brands. After suffering from a substantial decrease in sales and profits, David Jones
implemented a Future Strategic Direction Plan in 2012, which saw its successful transformation into
an omni–retailer, which consistent increases in the online sales since the new channel's
establishment. Woolworths Holdings Limited offered a takeover bid in 2014 ... Show more content
The total sales figure also dropped from $1961.7 million in 2011 to $1867.8 in 2012, as shown in
the graphs below (see Figure 1 & Figure 2) taken from the David Jones Limited 2013 Annual Report
(2013). These results marked 2012 as the department store chain's "worst performance in nine years"
(Dent, 2012, para. 1).
Future Strategic Direction Plan
In response to the poor performance, David Jones unveiled its Future Strategic Direction Plan on 21
March 2012 (2012b), which aimed to address the company's challenges through a "three point
strategy" (2012a, p. 9). With an implementation process expected to prolong over time, the plan set
out to transform the company into a leading omni–channel retailer whilst simultaneously growing
the in–store network and strengthening the core business (2012a). Through their Future Strategic
Direction presentation (2012a), David Jones has highlighted the following attributes as the
company's strengths:
Leading branded department store in Australia
Distinctive 'Home of Brands' positioning
Best range of national and international brands
Strong customer service heritage
Excellent in–store design and ambience
Stores conveniently located for our target customer base
Strong brand affinity with loyal and attractive customer base
Profitable and well positioned store portfolio

David Jones
ASB INVESTMENT RESEARCH Prepared by: Marc Hemsin – 3386122 Juthakarn Jessica
Suwanasilp – 3344346 Tu Lan – 3282178 Bo Qiu – 3308317 DAVID JONES – BUSINESS
ANALYSIS AND VALUATION May 2012 ASB INVESTMENT RESEARCH T A B L E O F
CONTENT 1. EXECUTIVE SUMMARY 2. DAVID JONES' PROSPECT AND THE RETAIL
INDUSTRY 2.1 INDUSTRY ANALYSIS 2.2 COMPANY ANALYSIS 3. ACCOUNTING AND
FINANCIAL ANALYSIS 3.1 ACCOUNTING ANALYSIS 3.2 FINANCIAL ANALYSIS 4.
FORECAST AND VALUATIONS 4.1 FORECAST ASSUMPTIONS 4.2 COST OF CAPITAL –
WACC 4.3 VALUE OF DAVID JONES 5. CONCLUSION 6. REFERENCES AND APPENDIX
ASB INVESTMENT RESEARCH 1. EXECUTIVE SUMMARY DAVID JONES LIMITED –
DJS Recommendation Valuation $2.20 Last Price $2.25 52 Week Range 4.35 – 2.16 ... Show more
By emphasising on product quality and customer service, it differentiated itself in the Australian
market as the leading branded department store with 174 years heritage (DJS Announcement, 21st
March 2012). However, David Jones currently faces significant threat of the structural changes of
the modern retail industry. The globalisation effect of the internet has brought in greater global price
comparisons, hence more competition from high growing online retailing. This includes not only
domestic and international online retail pure–plays but also bricks and clicks retailers, brands selling
through aggregator websites, as well as established international retailers opening stores in
Australia. This threat is detrimental to David Jones as its weakness is its failure to keep up with
technology and invest in its online store chain. In addition, David Jones is facing high and
increasing funding costs. Nevertheless, there is still an opportunity for David Jones to be present in
the new technologies distribution markets and appeal to online customers. Strength  Strong brand
affinity 

David Jones Limited (Djs)
1. Company Overview David Jones Limited (DJS) is a leading high–class retailer with stores all
across Australia. The company operates 35 department stores and 2 warehouse outlets. Mr Zahra is
the current CEO of the company. MD Peter Wilkinson, an ex CEO had repositioned DJS as an
upmarket brand, targeting wealthy shoppers. In 2008, the company launched a general purpose
credit card with Amex, which runs parallel to the existing store card. DJS placed at the top end of
the market, targets a core customer base of three generations of prosperous women: mother,
daughter, and grandmother, with above average disposable income. Its customers are mainly middle
to upper income earners in the 35 to 65 – year age group, but at the same time, the ... Show more
Job specification The job specification for a trained employee like a store manager is
straightforward. The job specification recognizes the type of person to recruit and the specific
qualities to be tested in the person. It could be a separate section of the job description or a
completely different document (Dessler et al 1999, p.183). The requirements for a store manager at
David Jones are following: * Energetic and passionate * Proven ability to perform in a demanding
and stimulating environment * Must be organized, meticulous and proven follow–up skills * should
posses the ability to manage multiple priorities

Effects Of The On Fetal Alcohol Syndrome
During 1720–1750, there was a limited amount of control on the production and selling of gin in
England due to Parliament. This resulted in an increase in alcohol intake. During this period, fetal
and infant death rates were at it highest [1]. The medical society did not believe consumption of
alcohol was the cause of the high rise in birth defects at the time. With the repeal of the prohibition
on alcohol in 1933, doctors believed it had beneficial effects to the point of intravenous treatments
with alcohol were used to delay preterm labor. In the 1950s to 1960s, there was another rise in fetal
birth defects called the "thalidomide scare". Thalidomide was used to relieve morning sickness
experienced during pregnancy. This scare caused scientists to realize that certain types of drugs
given during pregnancy, affected the development of the fetus. It wasn't until 1973, when two
pediatricians, David Smith and Kenneth Jones, whom specialized in dysmorphology, the study of
abnormalities present at birth, published their article on Fetal Alcohol Syndrome. In their study, they
examined eight children to determine what caused their developmental impediments. These children
were characterized with growth deficiencies, microcephaly, and impaired cognitive development.
All their mothers were alcoholics, which resulted in Smith and Jones to believe alcohol was causing
defects in the offspring [2]. Many discoveries have been made since 1973 that involve fetal
exposure to alcohol,

The Pre-Raphaelite Art of Edward Burne Jones Essay
Like his fellow Pre–Raphaelite artists, Edward Burne–Jones' paintings often included an array of
mythological subjects, from ancient Greece to the bible. Burne–Jones was extremely interested in
mythology from a young age, creating a dream world for himself to compensate for his harsh
upbringing at the hands of the strict housekeeper. This fascination with myths, particularly the
Arthurian legend, continued for his whole life and Burne–Jones' art was reaction against the `moral
ugliness' of the industrial world he grew up in, where realism had taken over in art. Julia Cartwright
wrote in `The Art Annual' of 1894 that `the art of Burne–Jones from first to last has been a silent and
unconscious protest against the most striking tendencies ... Show more content on Helpwriting.net ...
Burne–Jones has highlighted line, particularly on the figure, which makes the painting almost flat
and stationary, giving the painting a still, calm look. Despite the expression in the angel's face, he
almost looks as if he is suspended, motionless in space.
It is painted with limited a palette, using soft, colours which almost illuminate the entire scene and
give the impression that the heavens are shining down upon the contemplative scene. The soft
colours are easy to the eye, not brash or harsh, emphasising the innocence of Mary and the holy
aspects of the scene.
The elaborate robes and wing of the angel, and the carvings above the archway are extremely and
detailed. Most of Burne–Jones work is full of intricate and decorative features which give richness
to the paintings to show the richness and opulence of the story that the paintings aim to convey.
Botticelli and Michelangelo worked in very fine detail, which was a great influence to the Pre–
Raphaelites. Burne–Jones, as much as he puts detail on to the clothing and stonework, leaves the
faces of the angel and Mary flawless, not adding too much detail, which gives them unblemished
and perfect complexions. He has waved the possibility of even the slightest blemishes to idealise
their beauty.
Burne–Jones painting of his wife, Georgiana is less idealised than that of Mary in `The
Annunciation'. Her eyes are still wide, like

The Homelessness And Its Effects On Women
Although homelessness may be difficult and isolating for anyone who experiences it, there are
certain adversities specific to women. Whether cisgender or transgender, those who identify as
women often have additional hardships when homeless (Shier, Jones, & Graham, 2011). A society in
which women are paid 77 cents to a man's dollar, it is apparent women are seen as the lesser gender
and are subject to different difficulties; this is evidenced in multiple studies concerning women
experiencing homelessness (David, Rowe & Ponce, 2015; Sayers, 2012; Shier, Jones, & Graham,
2011; Whitbeck, Armenta, & Gentzler, 2015). David, Rowe, Stacheli and Ponce (2015) surveyed
homeless women with both mental illnesses and substance abuse problems and 100 percent reported
to be victims of physical or sexual assault. Additionally, Shier, Jones, and Graham (2011) studied
homeless women who expressed the lack of shelter space for women, and they found many shelters
are catered to men only. Another study on intersectionality of homeless women found women
experiencing homelessness are three times more likely to have posttraumatic stress disorder than
women in the general population (Whitbeck, Armenta, & Gentzler, 2015). Due to these facts,
women experiencing homelessness are clearly subject to unique exploitations and vulnerabilities. It
is also important to understand that various intersections of race, culture, sexuality, age, and physical
and mental health conditions contribute to the severity

David Jones
Executive summary
David Jones Limited is an Australian based department store chain that was founded by David Jones
in the year 1838. Currently, the company has about 37 stores located in most Australian states and
territories. The Australian department store industry is mostly dominated by large players which are
David Jones and Myers, alongside smaller and independent companies. The report analyses David
Jones's external environment using Porter's Five Forces model alongside the PEST model.
The industry does not possess major threat from new entrants due to strong barriers to entry and
strong competition for retail space. There is also a strong rivalry between competitors as limited
space is being contested by major players alongside ... Show more content on Helpwriting.net ...
New South Wales, Victoria and Queensland are the regions contributing over 75% of the 18.9 billion
industry revenue. Westfarmers (Target and Kmart) and Woolworths (BigW) are the two largest
companies competing on low–cost strategies (Porter, 1980). Myers and David Jones, holding 15.3%
and 10.5% market shares respectively (Figure 1), compete on differentiated strategies targeting the
upper consumer market (Porter, 1980). Over 10% of the total working population are employed in
this industry (Productivity Commission, 2011).
In recent years, department stores industry has contracted since the hit of Global Financial Crisis
creating shock on consumers' confidence (Figure 2), despite Australia's narrow escape from going
into recession (Uren, 2009). As a result, the marginal propensity skyrocketed after GFC effect hit the
economy from nearly mere 3% in mid–2007 to 12% in late–2008 (Figure 3). To stimulate the
economy, RBA employs monetary policy by continuously lower cash rate since 2011 (RBA, 2012).
Although 2012 has seen some increase in the industry revenue, IBISWorld predicted continuous
decline until 2014 (Outlaw, 2012). David Jones announced in its ASX Release 40% decline in
profit–after–tax in 2012 is expected, partly associated with costs involved in its new strategic
initiatives (David Jones, 2012). Myer, David Jones' closest competitors, experienced decreased total
sales of 3.8% and stated in

Social Responsibility : Kroger Company
Social responsibility is an ethical framework which suggests that an organization or individual has
an obligation to act for the benefit of society at large. Social responsibility is a duty every
organization has to perform so as to maintain a balance between the economy and the environment
Kroger Company Just in this year alone Kroger has made a substantial impact in society. When it
comes to the social aspect the company went above and beyond the norm. Since 2010, Kroger has
been contributing $1.2 billion each year to its Making a Difference program which helps children
prepare for school by providing them school supplies and materials. Kroger fights hunger around the
nation by donating 54 million pounds of food to non–profit organizations each year. It also has put
emphasis on health awareness since it has taken 13.9 billion steps to raise health consciousness.
Kroger also has a high alertness in terms of environment protection. In fact, since 2000 the company
has taken steps to reduce its carbon footprint. They have lowered their energy and carbon
consumption by 35% since 2000. Kroger also supports the evolving recycling movement. It has
recycled over 33 thousand tons of organic waste and 200 million pounds of plastic in total over the
last decade. It has also improved its fuel efficiency by 41% since 2008 by getting better miles per
gallon on its transportation trucks. Consequently, the company was able to reduce empty miles
which correspond to finding shorter routes

leading and managing changes Essay
1.0 Introduction
1.1 Background
The David Jones is iconic department store in Australian retail industry, but the net profit of David
Jones has been decreasing because of the rapid retail environmental changes, unhealthy cultures,
and global online attack. The problems of declining net profit in David Jones are creating make it
essential to apply the most suitable change management for company.
1.2 Aim The aim of this report is not only applying the change management theory, model, and style
for David Jones and David Jones' CEO, Paul Zahra, but also supporting the arguments through case
studies in order to find practical solution.
1.3 Scope
This report presents the view that a positive model, modular transformation and ... Show more
it is supported by case studies that the linkage between inability of identifying of retail
environmental changes and Zahra's new rescue plan for David Jones failed because after the new
rescue plan of Zahra, net profit and share price continued to decrease. Moreover, the case study said
that 'it may be a good five years before strategy can be assessed properly' (Waddell Waddell,
Cummings & Worley 2014).
On the other hand, Lewin's change model or action research model is not suitable for David Jones
case because of focusing on more problems in the organisation than concentrating on retail
environmental changes. The result of implementation of Lewin's change model or action research
model would be led to the strategic failure. The possibility of positive model of planned change for
David Jones makes it necessary for the company to use positive model.
3. THE CURRENT RESTRUCTURE OF DAVID JONES
3.1 Current business restructure analysis
Even though this report agrees with the current restructure and rescue plan of David Jones, which
were divided main three parts including eleven subparts that are renovating store policies, focusing
its core strengths, and transferring from traditional business to technologically oriented business, I
want to add two main parts that are sustainable training and focused marketing strategy.
3.2

Swot: Strategic Management and David Jones Limited
David Jones Limited (DJS) – Financial and Strategic SWOT Analysis Review
Phone: +44 20 8123 2220 Fax: +44 207 900 3970 office@marketpublishers.com
http://marketpublishers.com
Phone: +44 20 8123 2220 http://marketpublishers.com
Date: Pages: Price: ID: SUMMARY David Jones Limited (David Jones) is a department store
retailer in Australia. The company carries out the operations of department stores. Its product
portfolio includes ladies fashion, children's wear, menswear, shoes, travel goods, beauty products,
homewares, stationery, toys, electricals and many more items. The company also provides interior
decoration comprising furniture, window treatments, ... Show more content on Helpwriting.net ...
.com
David Jones Limited – Threats Threat – Counterfeit Goods Market Threat – Changing Consumer
Preferences Threat – Competitive Environment David Jones Limited – Key Competitors SECTION
3 – COMPANY FINANCIAL RATIOS Financial Ratios – Capital Market Ratios Financial Ratios –
Annual Ratios Performance Chart Financial Performance Financial Ratios – Interim Ratios
Financial Ratios – Ratio Charts SECTION 4 – APPENDIX Methodology Ratio Definitions About
GlobalData Contact Us Disclaimer LIST OF TABLES David Jones Limited, Key Facts David Jones
Limited, Key Employees David Jones Limited, Key Employee Biographies David Jones Limited,
Major Products and Services David Jones Limited, History David Jones Limited, Other Locations
David Jones Limited, Subsidiaries David Jones Limited, Key Competitors David Jones Limited,
Ratios based on current share price David Jones Limited, Annual Ratios David Jones Limited,
Interim Ratios Currency Codes Capital Market Ratios Equity Ratios Profitability Ratios Cost Ratios
Liquidity Ratios Leverage Ratios Efficiency Ratios LIST OF FIGURES Douglas Holding AG,
Performance Chart (2008 – 2012) Douglas Holding AG, Ratio Charts
4
Phone: +44 20 8123 2220 http://marketpublishers.com

I would like to order:
Product name: Product link: Product ID: Price: David Jones Limited (DJS) – Financial and Strategic
SWOT Analysis Review http://marketpublishers.com/r/D6C98F75BACEN.html

Compare Criminal Justice Response To Philadelphia
Criminal Justice Response Philadelphia, PA has had a serious gang problem for decades. The gangs
that Philly is currently dealing with are children as young as 7 years of age that are being recruited
to join gangs. Even though Philadelphia Police do not refer to them as gangs but rather as groups.
While most of these so–called small "groups" can usually be found hanging out around the blocks of
southern Philadelphia. Even though they are not as well known as other gangs such as the "Bloods"
and the "Crips", but they are just as dangerous. They are carrying guns and committing the same
criminal acts as the other well–known gangs do. Joe Valdes a Philadelphia Police Detective said
that," Philadelphia is home to so–called "hybrid gangs," non–traditional

'Removing A Child Is Terrible'
"In 13 years in this job, I think I've only once come across a case where the parents really didn't
seem to love their child," –Sallyanne Jones (Moorhead, 2012). Jones has been a social worker who
specializes in child protection for the past 13 years. As a mother herself, she finds it unbearable to
consider losing her child to the foster system. In the article, "Removing a Child is Terrible", Jones
goes over a case in which she's shown working with a young couple, Tiffany and Mike, who are
struggling with the determination of trying to care for their three–year–old son. Jones and her team
of fellow social workers do their best to train the duo into becoming adequate parents. But soon,
Tiffany becomes pregnant for the second time. Sallyanne ... Show more content on Helpwriting.net
...
Jennifer always aspired of being a mother. Jennifer has always been wheelchair bound due to
cerebral palsy. In 1987, Jennifer gave birth to her son, David. David's father, Jennifer's boyfriend,
also had a physical disability. Directly following David's delivery, the child welfare agency
indicated that Jennifer and her boyfriend could only take their son home from the hospital if they
had a caregiver with him at all times. Shortly after then, Jennifer's relationship with her boyfriend
began to weaken, and domestic violence followed. Unable to manage the domestic violence, David's
live–in caregiver moved out. David was immediately place in to foster care by child welfare
workers. Jennifer was then enlightened that she was pregnant again. Her second son, Jesse, was
instantly removed to foster care by child welfare workers. Jennifer was granted limited supervised
visits with David and Jesse while she battled with the county for custody of her children. Jennifer
requested her own caregiver to help her with parenting, which was further denied by the county.
Jennifer fought for many years for the parental custody of her children. Eventually, Jennifer gave up.
She could not go on against the child welfare system. Despite being promised that they would stay
together, David and Jesse were adopted by two different families. Jennifer was granted a supervised
annual visit with each child. Despite being protected by the American Disabilities Act, mentally and
physically disabled parents are placed in the "unfit parent" category along with the neglectors and

The Law Of Property Act 1925
The law in relation to co–ownership interests in property has changed a vast amount in recent years.
This has resulted in both changes in the legislative framework surrounding co–ownership; the
development of the Trusts of Land and Appointment of Trustees Act 1996 (TOLATA) , also due to
the increase in occurrence of co–ownership many practical problems have been revealed which the
Law of Property Act 1925 simply did not clearly provide for. Additionally, changes within the
society and economic influences have triggered many problems on the path towards property
ownership. The Law of Property Act 1925 (LPA), established the original scheme of co–ownership,
however it was incapable of dealing with this change in time.
In this scenario, a considerable amount depends on whether Emma owns a share in the house or, in
other words whether she has a proprietary interest in it. If Emma is able to establish that she has this
interest then she may be able entitled to a share within the property. When the property was
purchased it was done so in David's name. The purchase is by mortgage and by cash deposit. David
has paid the entire cash deposit, as he is the sole legal owner of the property as well as this, the
mortgage is made with him. Aforementioned, the title is registered in his name alone and there is no
express declaration of trust in writing in favour of Emma.
The Pettit case and many decisions made subsequently; for example, Lloyds Bank v Rosset Stack ,
Abbot v Abbot

Limited Liability In Group Companies

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