Research Proposal Essay Example | Topics and Well Written Essays - 2000 words - 2

Research Proposal - Essay Example For a turn-around investment, it got a great opportunity through the ideal Cogitel set back. The company’s profitability soon increased, as the company stock was taken over by Zeghal and turn-investment team. Through this investment it obtained a qualifying certificate which ultimately helped them to gain profit. As a result, they transformed into a regional packaging leader from a family owned business through this opportunity. Cogitel implemented its growth through acquisition strategy TurnInvest and Swicorp both jointly acquired a major part of venture in a new holding company- Altea Packaging. With the help of Turninvest, Cogitel has come quite a far way. It has become a flexible packaging manufacturing company in North Africa from a merely family owned business. Cogitel also adopted a number of policies beneficial for reducing wastage as well as the energy consumption of the company. It has achieved many international safety and quality assurance certificates that will fu rther help the company to gain efficiency and satisfaction of customers. Inorder to create a culture of sustainability, TurnInvest worked with Cogitel the throughout the years. TurnInvest has also provided technical and financial support, which are essential components for implementing corrective actions. Inorder to penetrate new market, TurnInvest improvised new sophisticated approaches and it also formulated an environment management system and hired an external consultancing, which would help Cogitel in its development. Cogitel, to differentiate itself from competitors and to gain trust from its clients, leverages its superior environment and social performances. Introduction: The essence of this research proposal is sustainability of business, which is basically the goal of all business enterprises in the world. In every business, its respective sustainability takes a major role and often the research department of the organization focuses on finding out how sustainability can b e achieved. Since sustainability is a prime factor, many companies from the list of fortune 500 companies exited, however, others still are running in the list for their remarkable performances. Those who are out from this list have either become private companies or have altogether wound up their particular organization. The main reason I chose sustainability as my research topic is because evaluation reveals that many public companies fail to meet their sustainability goals, whereas many private companies grow rapidly over the years in this corporate world. There are some factors which help these private companies to emerge on top of the unsuccessful public companies. I find it more interesting to know how private companies like Comptoir General d’Impression et de Traitement des Emballages (Cogitel) have reached their sustainability goals in the long run . What strategies and methods they use in uplifting themselves from the unfavorable situations is something that would he lp a person to understand the reality behind the success of a company. I would like to study and investigate Cogitel to know their sustainable factor, cost reduction, financing technique, the challenges they are facing as well as the methods they use to overcome these challenges. Research Question: How can Cogitel attain sustainability in this competitive world? Research objectives: 1) Studying sustaining growth of the company. 2) Understanding how

Dole Food Company Essay Example | Topics and Well Written Essays - 750 words

Dole Food Company - Essay Example In July 2001, it was reincorporated as a Delaware corporation. Its headquarters is located in Westlake village, California. Dole is one of the world’s leading producers of pineapples, bananas, packed fresh vegetables, salads and fruit products. In the fiscal year ended 2, 2010, this company generated operating income of about $352 million and total revenue of approximately $6.8 billion. By January 2, 2010, Dole had total revenue of $4.1 billion. Dole has divided its business operations into three segments: the fresh vegetable segment produces and distributes fresh-packed and value added salads, and vegetables to institutional customers and retailers primarily in Europe, North America and Asia (Dole Food Company, Castle & Cooke, Inc, 2003). The fresh fruit segment is divided into several departments, which are responsible for the production and distribution of fresh fruits to retail, wholesale and institutional customers worldwide. The third segment is packaged foods segment, w hich also includes a number of divisions that process and distribute packed foods including frozen fruit, juices, fruit and healthy snack food (U.S. International Trade Commission, 2002). The writer chose to analyze the accounting process and financial statements of Dole Food Company because of its outstanding performance in the food processing industry. In addition, it was not difficult obtaining the company’s financial statement since my mother works in the company as a quality assurance manager. The financial statements used for this project were obtained from the internet, by opening the company’s Website link I was given by my mother. The main aim of this paper is to understand the analysis of the accounting process and financial statements of Companies by focusing on Dole Food Company. In the paper, I will analyze Dole’s balance sheet, statements of cash flow, and income statements. Before analyzing Dole’s accounting process and financial statements , it is necessary to understand some of the key accounting concepts and terms that are used by Dole’s accountants when recording and balancing financial statements and other transactions. 1) Generally Accepted Accounting Principles (GAAP) - this principle refers to the standard framework of guidelines for financial accounting (Bernstein & Wild, 2000). It includes conventions, standards and principles that accountants observe when recording and balancing financial statements and other transactions. GAAP can be obtained from several sources including promulgation of the Accounting Principle Board and Financial Accounting Standards (Pefianco & Rosario, 2006). 2) Accrual Basis verses Cash Basis Accounting: accrual basis is the income earned and reported in particular periods despite of when it was received (Costales & Szurovy, 1993). It also includes the expenses that were incurred regardless of whether they were paid or not. In the financial statements used for this project, it is evident that Dole’s accountants recorded both expenses and income when they occurred. Cash basis accounting involves recording of transactions based on cash position and cash flow. Revenue is recorded upon cash receipt, and expenses when cash is paid. This accounting method is evident in Dole’s financial statements; however, it is not commonly used like Accrual Basis Accounting (Hey-Cunningham, 2007). 3) Current Assets and Liabilities verses Non-Current Items: Current assets are items that are available in cash form, or can be changed into cash within a short period (Dyckman, 2001). Example that is present in Dole’s financial statement is inventory or accounts receivable. Fixed assets, on the other hand, are assets which cannot easily be converted