Internal And External Sources Of Finance For Tesco Essay

A source of finance used by Tesco is retained earnings. Tesco re-invest a certain percentage of their end of the year profits back into Tesco, so they can improve it. Each year Tesco decide how much money they re-invest, this depends on the profit they make. Fixed assets: Another type of an internal source of finance for Tesco is fixed assets. Fixed assets are an asset that is not consumer or sold during the normal course of business, these are land, buildings, equipment, machinery, vehicles etc. These assets are very hard to convert into cash as it takes time to sell, Tesco would use these assets to fund future operations. Current assets: Current assets are a key financial source to Tesco’s business. Current assets are cash and other things such as inventory that can be converted into cash easily. An asset that will be in use for less than a year is a current asset as they transfer into money once sold. Tesco’s stock in their stores is a current asset as they transfer into money once sold. An essential thing for Tesco to ensure is to ensure that their assets aren’t lower than their current liabilities (debt) as this may force Tesco to close as they want to be able to pay off their debts. Working capital: Working capital can be both a good and a bad thing, this will depend on the debt a company has in this case Tesco. Tesco are a massive company so they will have a lot of working capital, this will ensure Tesco grow as they can expand their brand. Companies like new starts will have finances to expand and grow their business. In 2014 Tesco’s working capital reduced massively by over 300 million this will have an affect on their company in 2015. In this task I am going to write about what internal and external sources of finance are available to Tesco. Internal sources are funds that come from within the business. An example of an internal source is profits. They can be used to expand a business. Another way is to sell assets that the company don’t use to free up capital. External sources are found outside the business. An example of an external source would be a bank lending company money. External sources of finance (Tesco) Investments: An investment is when a person or persons invest their own money into a business, hoping to make a profit on their investment into the organisation. Tesco rely massively on investments just like any organisation. Tesco’s share prices depend on just how much is being invested into the company, and over the past year their share prices have dropped as the amount being invested has decreased. Warren Buffet who is an American billionaire, who made his fortune by investing said that â€Å" Investing in Tesco was a big mistake†. Ordinary shares: Ordinary shares, are shares within an organisation that any member o the oublic can buy. Tesco’s shares are currently selling for around  £189.75p , with Tesco buying the shares back at around  £190.05p, since the horse meat scandal, shares have decreased rapidly. Since November 2013 Tesco’s shares have declined drastically. Tesco are unable to buy back the shares at a price high enough to push customers to sell back, as the customers wouldn’t be making enough profit. Corporations: As Tesco are a corporation they can part-take in all the activities any corporation are involved in such as hiring new staff, sue other companies, be sued by other companies and also own their own assets. An asset that Tesco own is their very own oil plant in America Institutions: An institution of Tesco would be their bank. The institutions are companies that work with Tesco and that Tesco own. Any money that Tesco receive from the customers and clients of their bank, gets directly put in the profits.  The money they make from the institutions gets invested directly back into Tesco Business angels: Business angels are people who look to invest into new or successful businesses to try to make a profit. For Tesco business angels would’ve invented at the start of the companies journey in 1919. Business angels usually invest in companies around their home so they can check up on their investments. Government Grants: Tesco are Britain’s biggest supermarket and due to this they employ thousands. The government can give Tesco grants and money to invest back into Tesco. The government will benefit because if Tesco invest the money wisely they will have a successful year therefore the government will receive more tax. An example of Tesco receiving a government grant was in 2009 when they received  £5 million to open a new store in Glasgow. HP: Hire purchase is when a company or person lends out goods to companies for a short period of time, with added interest. Tesco could benefit if they were the company as they would lend out equipment, machinery, property and vehicles, as they would gain interest and also regain some of their investment into the product. Suppliers credit: Supplier’s credit is when a supplier offers the buyer the product they want on credit. This is like getting a loan of sorts as Tesco can pay at a later date. This benefits Tesco as they can order as much stock as they need even if they haven’t got the finances at that time. Sale and lease back: This is when Tesco sells something to a buyer such as equipment,machinery etc and the buyer leases the product back to Tesco immediately. This benefits Tesco as they can use the product without being tied down to the product  financially. To Tesco there is some tax benefits to leasing the product rather than actually owning the product. Tesco can sell the products and lease them back for a long period of time.

Integrated Patrol v. Traditional Policing Essay

1. The 14-month results are impressive. What are the major factors for this success The protocol that Chief G is trying to implement with his police force is called intergrated patrol. How does this approach compare to the traditional model of law enforcement? The integrated patrol strategy brings a community-oriented concept of policing into play, which crime prevention and reduction efforts are applied in larger areas, rather than focusing specifically on a group of people within a particular location. The integrated patrol strategy, also calls for more enhanced investigative procedures. It also stresses the importance of information sharing between agencies. This is proven to aid in effective solutions to solving crimes and track trends and patterns. As a result these stratigiesto strengthen relationships between agencies.. In comparision the traditional enforcement strategy responded to crime after the fact, and only concentrated on a certain situation or crime. The traditional strategy is lacking when it comes to creating more organized and strategic plans for the force excercising it.The strategic planning is vital in stating the overall police mission. You might look at integrated patrol as a one team, one fight’ concept. While the traditional way of doing things, is every man for himself, point of view. Resistance in this situation will most likely come from Sam. He has worked for the force for 26 years. He started as a beat cop and has earned his way to the position he currently holds. He believes in hionesty,fairness, and putting in your time toi earn your stripes. Respect from Sam must be earned not given on first intrioduction automatically. Seeing as how Sam has spent 26 years of his life working his way to the position he holds now it is likely to assume that he wouldn’t appreciate someone brand new to the force being out into a position of any kind of his level without first earning it. So Sam will have a natural resistance to letting any other officers investigate becauser her believes again that you have to earn the right to be an investigater.We can overcome Sam’s personal conflicts with the ideals we want to set forth by reassuring him that he heads that department and the descision on who will be investigating will still ultimately be his. As well as the fact he should be told this is a trial and if it is not to work out then no harm no foul. The least resisitance in this scenario I believe will be coming from Peter. I believe he isn’t trying to throw up any kind of resistance at all. His  main number one goal it seems to me is to have an copasetic well organized and well operating force as well as. He is smart enough to know that resistance against this idea from chief would not change the courser of action that the chief would require him to start on but just cause conflict and possible demerrits for him. He welcomes this change and looks ahead to start the trial with a positive and hopeful attitude that this new intergrated patrol will succeed with their force just as it did with the experiment force they tested it with.

The value of higher education in today's society Research Paper

The value of higher education in today's society - Research Paper Example Some people believe that higher education is expensive but it has to be noted that it is worth every penny that a person spends on it. This can be attributed to the fact education gives a student an opportunity to be employed in the best sector of the economy. Colleges have undergone tremendous changes over the years as they try to offer the best skills to their students (Byrne, 2005). Education is the key to the success of any given individual because it brings out the best in a person. Education cannot be ignored because of the fact that skills and other techniques, which are very important in life, are attained in school. Education comes at a cost, which means that every stakeholder in the industry has to play his or her part in order to ensure that all willing students have access to quality education. The governments of all various countries have to ensure that education is available and affordable to every person in the society irrespective of social status, race, gender, or ethnicity. This cannot be achieved if not all the people in the society value the benefits that come with good and quality education (Fa, 2007). American higher education system strengthens the economic and social sectors in the country. This can be attributed to the fact that individuals’ dreams and those of the society are met through a good and quality education. Although many people view education as a source of good livelihood to an individual, it has to be understood that the society benefits when its members are learned. The long-term benefits associated with a college degree are associated with what a person achieves in the future. Many students in college ask themselves whether they will be able to get a good job after spending all the money associated with higher education. The answer is yes because a college degree is a lifetime achievement that does not expire. College graduates are in a better position to make

Macroeconomics Assignment Example | Topics and Well Written Essays - 1000 words - 1

Macroeconomics - Assignment Example The main difference between GDP and GNP is that GDP measures total income in a nation, while GNP measures total income by a nation’s residents. GDP is the more widely relied upon statistic by business, policy makers and the public. The change in GDP is used to calculate whether a nation’s economy is expanding or contracting. As the broadest measure of a nation’s economic activity it indicates the overall health in the economy. As the broadest measure it is heavily relied upon by business and policy makers to plan as well set monetary and fiscal policy. While the general public may not use GDP because of the effects of GDP on business and policy officials they are impacted as well. For business leaders the main use of GDP is in planning and investment. One way business leaders can use GDP and GNP in combination is to determine where revenue is being earned. By comparing GDP to GNP they can determine whether there is growth in income is coming from domestic or foreign sources. GDP and GNP are also traditionally used in business cycle forecasting. By looking at the trends and changes in GDP it can allow businesses to plan for turns in the business cycle rather than simply reacting. These decisions have an impact upon the general public in the form of job creation or cut backs by businesses. For policy makers GDP is a signal used in creating monetary and fiscal policy as well as measuring its effectiveness. If the economy is growing too quickly policy makers can apply contractionary policy such as raising interest rates and taxes to cool the economy. If the economy is contracting they can then use expansionary policy, such as low interest rates, tax reductions and government investment to boost the economy. Government expenditures are of particular importance as they are directly taken into account in GDP. By increasing expenditures the government can turn a recession into an expansion single handedly. This

Globalization and Urbanization Essay Example | Topics and Well Written Essays - 1250 words

Globalization and Urbanization - Essay Example During that time, there was no development, and cities were merely those locations or islands where the ships would dock. There was a predominant presence of rural areas, where cities stood out as islands, causing more of a nuisance according to the rural folk than any benefits. There were many reasons why urbanization was not a trend. The industrial revolution had not arrived, and there was much distraction about wars and key discoveries that had not taken place. The pace of life was slower, and the world had not begun its race for global domination. The populations were less and the resources were plenty. The competition was less fierce, and time was on the people’s side. The population ratio at that time was very different from the one today. One study suggests that out of every 100 people, only three people used to live in cities. With the passage of time, this proportion has changed, with almost half of the current population living in cities. In other words, urban univer ses increased. Till the end of 1800, the number of residents living in large urban cities was only 29 million. However, by the year 2000, the urban population numbers increased to 2.8 billion. (Short 23). The most prominent and important development was the creation of large metropolises. In the year 1800, only four metropolises had populations of more than 1 million; the situation was much different by the end of year 2000. The second trend in urbanization represented a shift of populations from minor cities to major cities of the world. a graphic representation would show a flat pattern by 2000, with the line getting steeper after 2000. The impact of this shift is very significant. It causes major alteration in the spatial form of the social organization of space and society. The development of such areas goes fast with the somewhat mercurial changes in the economic system, depending upon agricultural enhancements to economies that move around the construction and service sector. The development of cities is directly linked to the social shift from short scale to the large one, from closely knit urgent social links to more spread unknown themes, and to the growth of unique and antipathetic social classes (Weber, 26). Cities point on both the growth and avatar of social shift. They usually counted as the concept uses of socio-economic shift. There is a challenging link between the social perspective and the city as the city holds a complex base of social shift as well as also considers as an important ingredient of social theorizing. The article focuses on both elements: the most aspirational chore demanding a broad linked of approaches. Two liberal spans are under looked. First, the article focuses on the incline of the present city and its linkage with modernism, capitalist economy and post modernity, questioning the macro-scale relations between deep urban changes and broad social changes. The other goal is to present a wide ranging judgment of the basic t heoretic estimates recently implemented to understand the city. In start, it discusses about the old exercising influence theoretical models in their past context (Graham & Marvin 12). After wards, it discovers the link between present-day urban sociospatial procedures and updated theoretical models in order to understand the complex links between place, space and social conjecturing with the challenging aim of judging urbanizing theory and the city. The authoritarian city can be seen in different perspectives of thicknesses. Authority is strongest when daily routines are covered with the exercise of

Modern culture Essay Example | Topics and Well Written Essays - 1750 words

Modern culture - Essay Example Sennet (1999, p. 146) describes the flexible capitalism as more personal rather than general. The modern economy has resulted into a new form of capitalism in which the business organization only cares about the strategic direction to take. Sennet (1999, p.145-146) describes such organizations as having powers to let go. The new capitalism is a sociological danger to the employees of the different companies of the world. It has not only made modern work illegible and modern employees ‘precarious workers’ but also resulted into flexibility that has destroyed the societal foundations of the different communities of the world. The modern economy therefore has everything to do with the troubles and difficulties faced by the different employees in the different work places today. The American workers have to therefore match the computers in terms of efficiency, speed, accuracy and even productivity or else they will all be laid off in future. Sennett (1999, p. 74-75) argues that the introduction of computers and computer integrated systems in the different machines has highly simplified and reduced the tasks of the employees. The workers no longer toil to get things done; everything gets done by just ‘a press of a button’ (Broekens, 2009, p. 94-103). As much as it is an advantage to the employees, it is a great problem. Employees have found a way of evading the hard tasks (Sennett, 1999, p. 72). They eventually end up staying for quite a long time without performing certain tasks and slowly by slowly their skills deplete. What happens when the machines break down or experience malfunctions? Sennett (1999, 72-73) articulates a similar scenario when the dough-kneading machine broke down in the bakery firm. The production activities came to a stand-still since the workers hundred percent depended on the machine make dough. The workers never even possessed the simple engineering skills of repairing the machine ( Sennett, 1999, p. 73). Redundancy and

Compare and Contrast Augustine(Political Writing) and Aquinas (The Essay

Compare and Contrast Augustine(Political Writing) and Aquinas (The Political Ideas Of ST. Thomas Aquinas) - Essay Example While some thinkers have argued for theological positions such as Christian communism, others propose that Christians should have limited participation in politics. Saint Augustine and Thomas Aquinas’ works attempt to provide a harmonious relationship between politics and Christianity. Augustine and Aquinas thoughts on politics are similar in terms of their theological positions, and differ in terms of Augustine’s theological outlook and Aquinas’s rational position on matters. Augustine, as a classical theologian, had notable works that he produced on politics. This occurred in spite of his firm grounding on religion. Augustine’s work had remained as classical in defining religion’s relationship with the society. Augustine discusses dual citizenship in terms of heaven and earth. He recognizes that human beings are bound to the functioning of the earthly state and the heavenly kingdom. Augustine allegorically refers to cities, the earthly city and th e city of God. The earthly city belongs to the class of individuals who are damned. According to Augustine, such individuals do not possess God’s blessings (Saint Augustine 5). On the other hand, the people in the City of God have God’s blessings. The City of God surpasses earthly institutions such as the state. On the other hand, Thomas Aquinas is a theologian who embarked on a study of the church within an intellectual frame. This explains why the papacy recommended Aquinas’s texts as preliminary in attaining ordainments. This suggests that these two scholars shared a similarity in articulating an objective view of the church. In turn, they had designed a philosophical outlook on spiritual matters. It is essential to highlight that Augustine and Aquinas shared similar convictions about wars. The scholars agree that war can be a just affair as long as it builds on certain premises. According to Aquinas, war is necessary as a means of defense. In addition, war i s vital in the event of ensuring long-term peace. Aquinas laid out Augustine’s principles in justifying given wars. To begin with, there has to be considerable possibilities of winning a given war. In addition, a strong central authority should be responsible for waging such a war. The third premise stated that peace was to be the central motive in pursuing a war. Similarly, Augustine had proposed pacifism as a Christian way of living. This means that Christians should oppose war and violence as a means of initiating conflict resolution. Augustine, however, asserted that peacefulness in the case of a serious wrong, which only violence could stop, is a sin Saint (Augustine 29). Augustine states that defense of the self and others could be necessary in the case of an attack. A legitimate authority, however, has to approve such a defense. In as much as Augustine did not explicitly state the components of a just war, he, in an indirect sense, coined the term in The City of God wo rk. In this sense, it was sometimes necessary to have a war that helped preserve peace in the long-term. All the same, Augustine insisted that war should not be preemptive. This is a functional outlook on war that Aquinas uses to lay out the components of a just war. Both Aquinas and Augustine believe that the state is instrumental in safeguarding a common interest. Augustine discusses this concept in the scope of a political community. Aquinas discusses the state’s purpose in terms of justice. According to Augustine, both the state and the