Friday, January 31, 2020
Mktg Plan for Jollibee Essay Example for Free
Mktg Plan for Jollibee Essay Jollibee’s growth is due to its delicious menu line-up – like its superior-tasting Chickenjoy, mouth-watering Yumburger and Champ hamburger, and deliciously satisfying Jollibee Spaghetti -ably complemented with creative marketing programs, and efficient manufacturing and logistics facilities. It is made possible by well-trained teams that work in a culture of integrity and humility, fun and family-like. Every Jollibee outlet welcomes customers with a clean and warm in-store environment and friendly and efficient service. And it is this tried and tested formula of delivering great-tasting food, adherence to world class operating standards and the universal appeal of the family values the brand represents that are driving the expansion of Jollibee both locally and in the overseas market. BUSINESS TREND ANALYSIS Fast food or quick service restaurants have come a long way since 1921 when White Castle, the first fast food hamburger chain, sold burgers at five cents apiece and ended its first day with a US$3. 75 profit. Arguably, AW was the first fast food restaurant having sold the first frosty mug of AW root beer for one nickel in 1919. In the Philippines, Tropical Hut Hamburger is reputedly the first hamburger chain dating back to 1965. The trend of eating out spending and fast food expansion as a vehicle to growth will continue as long as there is fierce competition in the workplace. The drive towards competitiveness with longer working hours and no time for home cooking coupled with the peoples continuing desire for new fast food concepts will allow innovative and progressive food chains to prosper. A downside to this is the changing eating habits, which some researches suggest has led to an unhealthy lifestyle. However, fast foods have been made aware of this situation and are starting to offer healthier options. The fast food industry is not without its challenges, especially in the United States. From rising food costs, economic recession and changing perceptions about health, many fast food franchises have been feeling some heat. But rather than flee from this challenge, the fast food industry has been adopting new practices and offering new products. Modern society is on the go, and there is plenty of demand for a quick bite at all times of the day. Fast food franchising opportunities exist in the â€Å"traditional†spaces like burgers and pizza, but are also sprouting up in healthy and unique ways as well. The fast food industry, also known as Quick Service Restaurants (QSR), has been serving up tasty morsels for as long as people have lived in cities. The modern system of fast food franchising is believed to have started in the mid 1930’s when Howard Johnson franchised his second location to a friend as a means to expand operations during the Great Depression. And oh how it has grown! As cars became commonplace, the drive-thru concept brought explosive growth to the idea of food-on-the go. â€Å"Fast Food†was added to the Merrion-Webster dictionary in 1951 and U. S. fast food companies are now franchised in over 100 countries. In the U. S. alone there are over 200,000 restaurant locations! Revenue has grown from $6 billion in 1970 to $160 billion last year, an 8. 6% annualized rate. Fast food franchises focus on high volume, low cost and high speed product.
Thursday, January 23, 2020
Child Labor Essay examples -- Children Work Poor Poverty Essays
Child Labor                               Child labor is one of the biggest issues around the world because it puts children in danger, it deprives them of an education, it is widespread and it's often hidden or invisible especially in agriculture, big industries and mines especially in poor countries. In this document of child labor it's explained what the meaning of child labor is, why it exists, also why it is so widespread in poor countries. There are also examples of children working in deplorable conditions. This document also discusses the reason why parents send or allow their children to work in an environment as a result it finally mentions the possible solutions to end child labor. Child labor is morally intolerable. It exists because it is the best response people can come up with to unacceptable circumstances. It is usually very dangerous because it involves of a child?s future well being. One of the other reasons child labor exists it is because an associated reduction in investment in the child?s human capital that occurs mostly because child labor interferes with education. (Udry, 2). The International Labor Organization (ILO) estimated approximately 250 million children between the ages of five and fourteen. Child labor appeared in earlier ages in agricultures societies, but during the Industrial Revolution of the 18th. Child labor first appeared with the development of domestic systems. It was generally performed in England, America, and other countries. Many of these children worked in factories, mines and other horrible places. The problem begins when factories and mines employed children. They are forced to work long hours under dangerous conditions for little pay. They put up with abuse, starvation, and sometimes never being paid for their work. (Henne et al 2005) In many countries, it is considered inappropriate or exploitative if a child below a certain age works, except for some household chores and of course schoolwork. An employer is often not allowed to hire a child below a certain age. This minimum age depends on the country. There is also no consideration for their safety or health. Most of the very dangerous work that child laborers perform is Agriculture; especially in Latin America almost 250 million child laborers between ages 5 to 14 years old are estimated worldwide. Children usually work next to thei... ...y should realize that it is in the best interest of their child not to work as working may put in danger the health and development of their child. In general, all the efforts must be directed towards the elimination of poverty. As a result, the world would be a better place for all children when they are brought up in a loving and caring environment and do not have to work and sweat right from the early stages of their lives. References      A, O. Ajayi and D.O Torimiro. Early Child Development and Care           February 2004, vol. 174(2), pp 183-191      Chao, Elane L. Advancing the Campaign against Child Labor           Washington, DC U.S Department of Labor, 2002 vol. 2 Henne, Kurt, Maury, David. Combating the Worst Forms of Child Labor in Bolivia 004468, winter 2005 vol. 32 EBSCO host The Story of Child Labor           http://library.thinkquest.org/o3oct/01980/800           Nike and Child Labor           http://www.american.edu/ted/nike.htm           Udry, Christopher. Child Labor           Yale University, June 2003 http://ssrn.com/adstract=419862           What is Child Labor?           http://fieldsohope.org/homeroom/          Â
Tuesday, January 14, 2020
Exam 1 Study Guide
Midterm 1 Practice Questions (Acct 201 Fall 2012) 1. Retained earnings at the end of the period is equal to a. retained earnings at the beginning of the period plus net income minus liabilities. b. retained earnings at the beginning of the period plus net income minus dividends. c. net income. d. assets plus liabilities. 2. Pinson Company began the year with retained earnings of $550,000. During the year, the company recorded revenues of $600,000, expenses of $380,000, and paid dividends of $140,000. What was Pinson’s retained earnings at the end of the year? a. 910,000 b. $630,000 c. $1,010,000 d. $480,000 3. Patent would appear in which balance sheet section? a. Intangible assets b. Investments c. Property, plant, and equipment d. Current assets 4. A balance sheet shows a. revenues, liabilities, and stockholders’ equity. b. expenses, dividends, and stockholders’ equity. c. revenues, expenses, and dividends. d. assets, liabilities, and stockholders’ equit y. 5. For 2012 Fielder Corporation reported net income of $30,000; net sales $400,000; and average share outstanding 12,000. There were no preferred stock dividends.What was the 2012 earnings per share? a. $2. 33 b. $0. 40 c. $33. 33 d. $2. 50 6. Use the following data to determine the total dollar amount of assets to be classified as current assets. Koonce Office Supplies Balance Sheet December 31, 2012 Cash$ 130,000Accounts Payable$ 140,000 Prepaid Insurance60,000Salaries Payable20,000 Accounts Receivable100,000Mortgage Payable 160,000 Inventory 140,000 Total Liabilities$320,000 Land held for Investment150,000 Land180,000 Buildings$200,000Common Stock$240,000 Less AccumulatedRetained Earnings 500,000Depreciation(40,000)160,000 Total Stockholders’ Equity$740,000 Trademarks 140,000 Total Liabilities and Total Assets$1,060,000 Stockholders’ Equity$1,060,000 a. $580,000. b. $430,000. c. $360,000. d. $290,000. 7. Using the following balance sheet and income statement data , what is the total amount of working capital? Current assets$ 14,000Net income$ 24,000 Current liabilities8,000Stockholders’ equity42,000 Average assets 80,000Total liabilities18,000 Total assets 60,000 Average common shares outstanding was 10,000 a. $ 2,000 b. $14,000 . $ 4,000 d. $ 6,000 8. Stockholders’ equity is increased by a. dividends. b. revenues. c. expenses. d. liabilities. 9. McKinney Corporation had beginning retained earnings of $2,292,000 and ending retained earnings of $2,499,000. During the year they issued common stock totaling $141,000. What was their net income for the year? a. $207,000 b. $ 66,000 c. $348,000 d. $273,000 10. The purchase of an asset by paying cash a. increases assets and stockholders’ equity. b. increases assets and liabilities. c. decreases assets and increases liabilities. d. eaves total assets unchanged. 11. Which of the following accounts has a normal debit balance? a. Accounts Payable b. Prepaid Rent c. Retained Earning s d. Common Stock 12. When a company has performed a service but has not yet received payment, it a. debits accounts receivable and credits revenue from services. b. debits revenue from services and credits accounts receivable. c. debits revenue from services and credits accounts payable. d. makes no entry until the cash is received. 13. When a company receives a utility bill but will not pay it right away, it should . debit Utilities Expense and credit Accounts Receivable. b. debit Utilities Expense and credit Accounts Payable. c. debit Accounts Payable and credit Utilities Expense. d. make no entry until the bill is paid. 14. In a service-type business, revenue is considered earned: a. at the end of the month. b. at the end of the year. c. when the service is performed. d. when cash is received. 15. The following is selected information from L Corporation for the fiscal year ending October 31, 2011. Cash received from customers| $300,000| Revenue earned | 370,000|Cash paid for exp enses| 170,000| Cash paid for computers on November 1, 2010 that will be used for 3 years| 48,000| Expenses incurred including any depreciation| 216,000| Proceeds from a bank loan, part of which was used to pay for the computers| 100,000| Based on the accrual basis of accounting, what is L Corporation’s net income for the year ending October 31, 2011? a. $184,000 b. $154,000 c. $152,000 d. $170,000 16. Boyce Company purchased office supplies costing $5,000 and debited Office Supplies for the full amount.At the end of the accounting period, a physical count of office supplies revealed $1,400 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be: a. debit Office Supplies Expense, $3,600; credit Office Supplies, $3,600. b. debit Office Supplies, $1,400; credit Office Supplies Expense, $1,400. c. debit Office Supplies Expense, $1,400; credit Office Supplies, $1,400. d. debit Office Supplies, $3,600; credit Office Supplies Expense, $3, 600. 17. On January 1, 2010, Leardon Inc. urchased equipment for $45,000. The company is depreciating the equipment at the rate of $600 per month. At January 31, 2010, the adjusting entry would be: in Accumulated Depreciation is: a. debit Accumulated Depreciation $600 b. credit Accumulated Depreciation $600 c. cebit Equipment $600 d. credit Depreciation Expense $600 18. The closing entry process consists of closing: a. all asset and liability accounts. b. out the Retained Earnings account. c. all permanent accounts. d. all temporary accounts.
Monday, January 6, 2020
William Shakespeare s Romeo And Juliet - 1161 Words
In the play Romeo and Juliet by William Shakespeare, figures of authority play a prominent role in the tragedies that take place throughout the story. Friar Lawrence is a respected member of society, and both the Capulet and Montague families trust him for advice and support. However, throughout the play, Friar Lawrence makes hasty decisions, like marrying Romeo and Juliet, hiding the fact of their marriage, helping Romeo after he is banished, and faking Juliet’s death. Through Friar Lawrence’s bad choices, Shakespeare demonstrates that blind reliance on people of authority is ill-advised, because they have flaws and make mistakes just like everybody else. Friar Lawrence is a monk of the Catholic Franciscan order. As a follower of Saint Francis, a famously pacifistic saint, Friar Lawrence’s primary focus is on resolving conflict. He advises both the Capulet and Montague households, whose members view him as wise. Though he means well and ultimately wants to end the feud between the two families, Friar Lawrence’s naivety and short-sighted plans cause more problems for all of the characters. First, Friar Lawrence agrees to marry Romeo and Juliet, thinking that their marriage will unite the Capulets and the Montagues. When Romeo asks Friar Lawrence to marry him and Juliet, Friar Lawrence obliged, saying, â€Å"But come, young waverer, come go with me,/In one respect I’ll thy assistant be: for this alliance may so happy prove/To turn your households’ rancour into pure love.†(II,Show MoreRelatedWilliam Shakespeare s Romeo And Juliet1287 Words  | 6 PagesLizzy Baginski English Composition 2 Mr. Spera March 10, 2015 Romeo and Juliet Research Paper The movie Romeo and Juliet is a modern classic film that took place in 1996. Overall this is a timeless story that everyone should go and watch. This movie has an intriguing plot line that tells the story of two feuding families, The Montagues and The Capulets, and how the children of these two different families fall in love. The two children overcome various obstacles such as hiding their chemistry fromRead MoreWilliam Shakespeare s Romeo And Juliet 966 Words  | 4 Pages Beauty Over Gold â€Å"Beauty provoketh thieves sooner than gold.--William Shakespeare, 1623. In his book As You Like It, William Shakespeare pointed out the supremacy of love rather than the want of gold and wealth. Truly, beauty is more important to thieves than wealth. Many of the thieves in this world would rather have an elegant woman than to obtain precious rubies. After all, what good is a prosperous man if he doesn’t have a charming woman? Two famous men grab my attention who didn’t fear forRead MoreWilliam Shakespeare s Romeo And Juliet Essay1024 Words  | 5 PagesRomeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. It was among Shakespeare s most popular plays during his lifetime and, along with Hamlet, is one of his most frequently performed plays. Today, the title characters are regarded as archetypal young lovers. Romeo and Juliet belongs to a tradition of tragic romances stretching back to antiquity. The plot is based on an ItalianRead MoreWilliam Shakespeare s Romeo And Juliet1124 Words  | 5 PagesThe play Romeo and Juliet is a tragedy written by William Shakespeare early in his career about two young star-crossed lovers whose deaths ultimately reconcile their feuding families. 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The story of two destined lovers who were killed by their own doing. But what if they weren t two destined lovers who got unlucky, but doomed partners that were never going to have a good-life to begin with.William Sha kespeare gives us a view of early signs of gang conflict in the early age of Verona, Italy. He gives us a perspective of the norms and customs of Italy during the Setting of William Shakespeare s most famous story. Romeo and Juliet, by William Shakespeare, givesRead MoreWilliam Shakespeare s Romeo And Juliet1616 Words  | 7 Pageslove can also cause some of life s most controversial battles. These battles could stem from lack of patience, disagreement of moral values, and in some cases, an absence of attraction overall. In Romeo and Juliet by William Shakespeare, the issues that drive Romeo Montague and Juliet Capulet s to each of their dreadful misfortunes are inevitable. When it comes to many of Shakespeare s plays, Aristotle s theory is used to describe them as tragedies. Romeo and Juliet is known by many as a tragedyRead MoreWilliam Shakespeare s Romeo And Juliet1264 Words  | 6 Pagestheater-going public the most important dramatist in English literature, Shakespeare oc cupies a well-known position in the world of talented authors. His canon contains thirty-seven plays, written in the late sixteenth and early seventeenth centuries. Additionally, throughout the years, they continue to sustain critical attention, with the majority of his works circling tragedies, one being Romeo and Juliet. William Shakespeare s Romeo and Juliet speaks to the timeless appeal of star-crossed lovers. Their loveRead MoreWilliam Shakespeare s Romeo And Juliet924 Words  | 4 PagesWilliam Shakespeare’s Romeo and Juliet is a tragedy that follows the so-called love of two teenagers. The two fall in love at a masked ball and have a secret marriage. Throughout the play, their actions show how ridiculous love is, and how it is a danger to anyone who become twisted in its choking grasp. However, in the death of the youth and survival of the elders, an alternative explanation for the tragic events may be found. Although Shakespeare seems to be mocking love throughout the play, itRead MoreWilliam Shakespeare s Romeo And Juliet1279 Words  | 6 Pagesour lives. The great, classic writers teach timeless, valuable life skills. Shakespeare was the greatest writer of all time. His writings mainly consisted of dramas and sonnets. Romeo and Juliet, as well as, A MIdsummer Night’s Dream were written about the same time period. He was able to inter relate everything that wrote. For example, the tale of Pyramus and Thisbe could possibly be an advertisement for Romeo and Juliet. The basic structure of the two dramas is the same; two forbidden lovers meet
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