Equity Essay Example | Topics and Well Written Essays - 1000 words

Equity - Essay Example Executive Summary: Owens & Minor Inc. Ticker: OMI Recommendation: Hold Price: $29.78 on 31.03.2010 Price target one year: $34.95 Highlights: A fortune 500 company headquartered in Richmond, Virginia. Wide distribution network throughout the United States. The provider of the broadest selection of branded products. Unique, superior products are offered through non competitive partnerships with leading manufacturers of health care products through cost effective product line labeled Medichoice, OM direct etc. Supplier assortment, community participation and sustainability are the guiding principles of the firm. Hospitals and Ambulatory surgery centers are the principal customers of the firm. Financial Summary: Market capitalization of $ 2.04 billion in 31.3.2010. The first quarter of 2010 saw an increase in the net income of the firm by 98% as compared to the previous year. Operating earnings in the firm increased by 23.3% as compared to the first quarter in the previous year 2009. Cas h and cash equivalents as on 31.03.2010 was $ 146.4 million. A review of the firm’s earning growth rate indicates an average earning growth of 5.4% over the past ten years. Dividend yield of the stock of the firm as on 31.03.2010 was 2.1%. Qualitative analysis: Company profile and industry overview: Owens & Minor makes sure hospitals are organized for main surgeries. â€Å"Its services include logistics, supplier management; analytics inventory management, outsourced resource management, clinical supply management, and business process consulting† (Owens & Minor Inc (OMI: New York) Par. 1). A primary dispenser of surgical and medical supplies, the industry takes about 200,000 products from 1,200 producers. Products distributed by Owens & Minor contain surgical dressings, intravenous and endoscope products, syringes, needles, sterile procedure trays, gowns, sutures and gloves. Owens & Minor consumers are chiefly health systems and hospitals and the purchasing associatio ns that serve them. It distributes products to about 4,400 health care contributors from above 50 distribution places from corner to corner the US. SWOT analysis: Strength: Owens & Minor offers a range of information investigation tools and consulting services and outsourced resource management. Weakness: In the recent times, their overall profits are down. Opportunities: The opportunities open to the Owens & Minor are measured in terms of its future development prospects. Threats: The company needs to evaluate prospective partners, vendors and suppliers. Porters 5 Competitive Forces: Porters 5 competitive forces consist of supplier power, threat of new entrants, and threat of substitutes, degree of revelry and buyer power of Owens & Minor. The healthcare supply chain expertise, joined with a continued responsibility to investing in information technologies and to bring a bounty of benefits to health provider customers and supplier partners alike. Threat of new entrants is a probabi lity of reaction from existing competitors and barriers to entry of the Owens & Minor. It consists of economies of scale, product differentiation, capital requirements and governmental and legal barriers of the Owens & Minor. Major Owners: Table 1 shows the major owners of Owens & Minor. Financial Statements Analysis: Ratio Analysis: I. Short term solvency or liquidity ratios a) Current ratio: Current ratio is defined as ratio of current assets to current liabilities. It is computed as follows. Current

Business Communication 2 Assignment Example | Topics and Well Written Essays - 1500 words

Business Communication 2 - Assignment Example The facilitation of nonverbal communication is featured by the use of gestures, body language, facial expression of eye contact etc. Besides these features, the prospect of one person’s speech being different from another by way of voice, style and stress also constitutes to the functioning of nonverbal communication. Similarly, even in written format of communication, there are certain features like handwriting, organization of sentences and the word selection can altogether constitute an insignia of a person’s nonverbal communication elements. The following paragraphs give a clear-cut ideal of the scope, function and practical application of nonverbal communication in different spheres of life. It is also essential to recognize the prominence of the seven aspects of this model of contact between people such as paralanguage, body language, environment, distance, touch, time and eye contact has to be clearly evaluated for their use and management in the practical applic ation of nonverbal communication. Managing nonverbal communication Managing communication in the absence of words is arguably one of the most challenging tasks for the managers of organized groups. It is equally important to manage the feelings and their reflections in the daily life of individuals. There can be many examples of the regular life of individuals in which they have to adopt the process of nonverbal communication aspects. Sometimes a look or a gesture does the role of a great command. In other contexts, body language or time set for a regular action can influence the stakeholders of the process of exchange of information. There can be certain references to prove that the use of words and their pronunciation doubtlessly making the communication easier and more cognitive; however, the transfer of feelings and intellectual significance of a conversation or relationship between individuals is influenced more by non-verbal communication channels than the routine voice based elements. For instance, as Soon (2012) points out, a meeting of two people is specifically garnished by their shaking each other’s hands or by a hugging; in either case, the process of the meeting commences with the routine greeting of the time covering that meeting. From a certain angle of view, it is visibly annoying to find that the absence of such a physical endorsement of feelings makes the communication less effective. In order to manage the communication using the nonverbal media, the communicator has to effectively analyze and make use of his body language, touch and vocal qualities with the careful concern for time, space and situations. Moreover, it may also be regulated and empowered by the use of symbols and graphic pictures developed by the modern technology such as printed documents, visual projects and placards etc (Pecha Kucha 6 minutes 40 seconds). The functional success of a nonverbal medium is directly connected to time and environment at which it is used. If a person winks an eye at a stranger as a gesture of information transfer, it becomes provoking sometimes to the opposite person. For another instance, the combined atmosphere and distance effect in a nonverbal communication event matters to a great extent in the completion of a meaningful transfer of information. In military operations and surgical or scientific experimental environments, the need for gestures as a device is necessary; and the right cognitive effect of this is analysed by the timing of such