Ford and Toyota Analysis Essay Example for Free

Ford and Toyota Analysis Essay ord Motor Company was incorporated in Delaware in 1919. Ford acquired the business of a Michigan company, also known as Ford Motor Company which incorporated in 1909 to produce and sell automobiles designed and engineered by Henry Ford. They are one of the world’s largest producers of cars and trucks. Ford operates in two sectors, Automotive and Financial Services. In the Automotive sector reportable segments are Ford North America, Ford South America, Ford Europe, and Ford Asia Pacific Africa. In the Financial Services sector reportable segments are Ford Motor Credit Company and Other Financial Services. 1b. Factors affecting Ford’s profitability include: Wholesale unit volumes Margin of Profit on each vehicle sold – which in turn is affected by many factors, such as: Market factors – volume and mix of vehicles and options sold, and net pricing (reflecting, among other factors, incentive programs: Cost of components and raw materials necessary for production of vehicles Costs for customer warranty claims and additional service actions Costs for safety, emissions and fuel economy technology and equipment A high proportion of relatively fixed structural costs, so that small changes in wholesale unit volumes can significantly affect overall profitability General economic conditions and other uncontrollable external factors affect the automotive industry as a whole 1c. Toyota commenced operations in 1933 14 years after Ford. Toyota operates in the Automotive and Financial sectors as does Ford, with reportable segments in Japan, North America, Europe and Asia NEED MORE Toyota Motor Corporation is a limited liability, joint-stock company incorporated under the Commercial Code of Japan and continues to exist under the Corporation Act. Toyota commenced operations in 1933 as the automobile division of Toyota Industries Corporation (formerly, Toyoda Automatic Loom Works, Ltd.). Toyota became a separate company on August 28, 1937. In 1982, the Toyota Motor Company and Toyota Motor Sales merged into one company, the Toyota Motor Corporation of today. As of March 31, 2013, Toyota operated through 509 consolidated subsidiaries and 206 affiliated companies, of which 56 companies were accounted for through the equity method. Toyota primarily conducts business in the automotive industry. Toyota also conducts business in finance and other industries Toyota’s business segments are automotive operations, financial services operations and all other operations. The following table sets forth Toyota’s sales to external customers in each of its business segments for each of the past three fiscal years Toyota sells its vehicles in approximately 170 countries and regions. Toyota’s primary markets for its automobiles are Japan, North America, Europe and Asia. The following table sets forth Toyota’s sales to external customers in each of its geographical markets for each of the past three fiscal years. Automobile sales are affected by a number of factors including: †¢ social, political and economic conditions, †¢ introduction of new vehicles and technologies, and †¢ costs incurred by customers to purchase and operate automobiles 2a.2c A proxy is another person that you legally designate to vote your stock. If you designate someone as your proxy in a written document, that document also is called a proxy or a proxy card. A proxy statement is a document that SEC regulations require that we make available to you when we ask you to vote your stock at the annual meeting. NEED MORE 2b. dklsfjl; 3c. The Board has adopted the following standards in determining whether or not a director has a material relationship with the Company. Employee or former employee. No director who is an employee or former employee of the company can be independent until three years after termination of such employment Independent Auditor Affiliation. No director who is, or in the past three years has been, affiliated with or employed by the Company’s present or former independent auditor can be independent until three years after the end of the affiliation, employment, or auditing relationship. Interlocking Directorship. No director can be independent if he or she is, or in the past three years has been, part of an interlocking directorship in which an executive officer of the company serves on the compensation committee of another company that employs the director. Additional Compensation. No director can be independent if he or she is receiving, or in the last three years has received, more than $100,000 during any 12-month period in direct compensation from the Company, other than director and committee fees and pension or other forms of deferred compensation for prior service (provided compensation is not continent in any way on continued service). Immediate Family Members. Directors with immediate family members itn the foregoing categories are subject to the same three-year restriction. Other relationships. Commercial, charitable and educational relationships will not be considered to be material relationships that would impair a director’s independence. PAGE 25 Elaborate more 3d. In book 3e. Among the most important qualities directors should possess art the highest personal and professional ethical standards, integrity, and values. They should be committed to representing the long-term interests of all of the shareholders. Directors must also have practical wisdom and mature judgment. Directors must be objective and inquisitive. Directors must be willing to devote sufficient time to carrying out their responsibilities and duties effectively, and should be committed to serve on the Board for an extended period of time. 3f. Non-employee board members are provided with $200,000 of life insurance which ends when a director retires, company provided healthcare insurance at no cost, use of up to two company vehicles free of charge. NOT DONE 4a. Ford’s audit committee selects the independent registered public accounting firm to audit Ford’s books and records, and determines the compensation of the independent registered public accounting firm. Consults with the firm, reviews and approves the scope of their audit, and reviews their independence and performance. Reviews internal controls, accounting practices, and financial reporting, including the results of the annual audit and the review of the interim financial statements with management and the independent registered public accounting firm. CONTINUED PAGE 20 4b. The Board has designated Stephen G. Butler as the Audit Committee financial expert.

The Giver :: essays research papers

The Giver - Main Character Jonas, the main character in The Giver by Lois Lowry, is a very strong person, which allows him to go farther in life then the people that surround him. Throughout Jonas's life he has known nothing but "sameness". He lives in a Utopian community where there are no choices and everyone in his world has their lives laid out for them. But, Jonas is given the job of "Receiver of Memory". He alone knows the truths of the world, a world with colors, pain, and choices. What he does with these truths will bring obstacles to his life that will show the readers not only his strengths but his weaknesses as well. Jonas is made to bear the truths of the world alone and is troubled by what he should do with it. Jonas at first doesn't want the memories because after receiving several of them, all that Jonas has known is being questioned and his world turned upside down. 'He is angry and afraid after receiving his first set of memories. Angry because of what has been kept from him and afraid because now he doesn't know what to do. Jonas is uncertain whether the world he learns of is best for his community and if people can be trusted to make decisions on their own. In a conversation to "The Giver" (person passing down the memories) about whether or not it is safe to allow people to make their own choices, Jonas say, "What if they are allowed to choose their own mate? And chose wrong? . . . We really have to protect people from wrong choices." But, by the end of that conversation he is uncertain about his feelings and about many other things. Jonas is confused because he doesn't know what he should do about it or if he should do anything at all. Jonas finally decides to change the world (at least the one he knows of), but he faces many obstacles trying to do so. Jonas speaks to the Giver about giving memories to the community . He wants to share them with everyone and change the way the community works. He wants to give them choices and show them that there are differences. The Giver says the only way the community will receive them is if Jonas goes to the beyond and loses his connection to them.

P1 -Unit 8: Business Communication Through Documentation

Unit 8: Business Communication through Documentation Title: Identify, using examples, the purposes of written business communications in four different business contexts Written Business Communications Introduction: John Lewis, as a business, was founded in 1864 when it was just a shop  on  Oxford Street, which expanded over the years to become the third largest retailer in the UK. John Lewis is a Public Limited Company, this means that anyone with the right capital can buy (or sell) their shares within the business, in order to become a share-holder and receive dividends from profits.In addition, as a business, John Lewis sells various products and has a variety of over 80,000 products ranging from clothes to furniture, in order to suit and cater to the needs of any of their customers . Furthermore, in this assignment I will be investigating the retailer John Lewis and its operations; in order to determine examples of effective written business communications, with the use of do cumentation. Written Business Communications Effective communication within a business (John Lewis) is essential, in order to ensure their success and profitability.But Firstly, What is Communication? Communication can be defined as â€Å"the exchange and flow of information and ideas from one person to another† [2]. This means that without communication, information or ideas cannot be utilized and no aspect of John Lewis can function properly. For example, if the delivery department cannot communicate with individual stores; therefore this means that John Lewis can’t coordinate with the individual stores, in order to determine what new stock is needed at any particular time.This results in John Lewis being unable to restock their stores properly, meaning products not needed are delivered for example. As a result, John Lewis looses out on potential customers and repeat sales, because consumers who wanted to purchase a specific product couldn’t due to the stock u navailability, leading to a loss in potential sales, repeat sales and profits for the business in the short and long term. Secondly, communication within John Lewis happens in various different methods, such as written, verbal and electronic.However in this assignment we will only be discussing the written communication aspects of John Lewis. There are various written documentation which are communicated throughout john Lewis. For example, letters, memos, text, faxes and emails are just some of the formal or informal communication methods used by businesses in the modern age. A written business document is a way of getting a message across internally and externally by employees or customers of John Lewis. There are various ways of written communication that are used by businesses.For example, depending of the situation an employee of john Lewis may need to contact their branch manager and the quickest, but maybe not the most formal way of doing so, would be by texting them [3]. Addi tionally, there are many forms of written communication, such as agenda’s, e-mails, letters, memorandums, reports, notices and minutes. A written business document is used as a type of communication as it is seen as a more formal and professional way to communicate internally and externally within a business.Purposes of Written Communication Most businesses understand that communication is crucial for successful business operations. The ways we conduct our business activities is changing rapidly, as a result communication, especially written has become essential, in order to deliver messages and information to any aspect or individual within the business. As a result, if used successfully the purpose of written communication, in my opinion, is to deliver information, in order to coordinates and establish successful business activities.This leads to an increase sales, and an increase in the profit in the long term for John Lewis. The purpose leads to the crucial question why d o we use written communication? Written communication can be used in various ways, depending on the sender and receiver of the information. For example, a manger will inform the owners or directors, by producing a written report telling them which products are selling better than other’s within a period of time. This form of written communication will be strictly professional and formal, informing them about changes in the business and there actives.However if an employee wanted to inform another member of staff about other issues then they could just email or text them, meaning a simpler, reliable and effective written communication process. Furthermore, it’s not only the internal customers but also external consumers who can communicate in a written manner with john Lewis. For example, a customer would communicate in a written manner with john Lewis if they have a complaint with any aspect of the business; such as a faulty product, leading to a customer having to ema il John Lewis regarding replacement of the product.In addition, a customer can also communicate with John Lewis because they have an inquiry to make regarding products or services provided by them. These are just some of the various reasons that customer make written enquires to John Lewis. Types of Written Communication Business Context| Document| Context(manager-employee or employee-costumer )| Purpose| Formal| Letter| Supplier to John Lewis,| To make an appointment to see the manager about supply of raw materials needed to produce the products in the production department of John Lewis. | Formal| Agendas | Set out topics to be covered at a meeting.An manger will send it to the employees he wants to come to the meeting | Usually sent out before a meeting to all the people that are meant to attend and inform attendees| Formal| Reports| Information, research and analysis on a specific aspect of a business,| Provides detail to help the businesses with decision making. So the purpose of this will be to inform an employee | Formal| Minutes of the meetings| A record of what actually took place at a meeting between manager and employees | It also records who attended the meeting, what was discussed nd how long and when the meeting took place and to confirm meeting feedback| Informal | Memorandums| They are mainly used for quick communication within a business, college to college | They are short, simple information meant to get your message across within a business, to the receiver and its purpose is to inform a staff member of manager what is going to happen or needs to happen | Formal | Schedules| Schedules are lists of planned activities or tasks that need to be completed and could be used between staff and managers | It is almost like a plan for the business, which can come in many forms such as lists or timetables and it is used to instruct people what to do | Informal | Notices| Important information on displays, or boards in order to inform employees or anyo ne associated with the business for example the marketing department and employees | This is done in order to notify and display general information which should be accessible to all members of staff. | The table above shows the various types of written communication methods, and their purposes. ConclusionIn conclusion I would state that this assignment has highlighted the importance of communication and especially the importance of written communication within John Lewis. Also I have discovered the various types of communication and why the different parties (such as customer, employees, suppliers) involved would use each method that suited their needs, as explained within the assignment. Bibliography – 1. NW-Link http://www. nwlink. com/~donclark/leader/leadcom. html Accessed on 24/09/2012 2. E-How http://www. ehow. co. uk/info_7785121_types-written-business-communication. html Accessed on 24/09/2012 3. E-How http://www. ehow. com/about_5563166_purpose-business-communicatio n. html Accessed on 24/09/2012 4. John Lewis http://www. johnlewis. com/ Accessed on 24/09/2012

Terminal Velocity and Free Fall

Terminal velocity and free fall are two related concepts that tend to get confusing because they depend on whether or not a body is in empty space or in a fluid (e.g., and atmosphere or even water). Take a look at the definitions and equations of the terms, how they are related, and how fast a body falls in free fall or at terminal velocity under different conditions. Terminal Velocity Definition Terminal velocity is defined as the highest velocity that can be achieved by an object that is falling through a fluid, such as air or water. When terminal velocity is reached, the downward force of gravity is equal to the sum of the objects buoyancy and the drag force. An object a terminal velocity has zero net acceleration. Terminal Velocity Equation There are two particularly useful equations for finding terminal velocity. The first is for terminal velocity without taking into account buoyancy: Vt (2mg/Ï ACd)1/2 where: Vt is the terminal velocitym is the mass of the object that is fallingg is acceleration due to gravityCd is the drag coefficientÏ  is the density of the fluid through which the object is fallingA is the cross-sectional area projected by the object In liquids, in particular, its important to account for the buoyancy of the object. Archimedes principle is used to account for the displacement of volume (V) by the mass. The equation then becomes: Vt [2(m - Ï V)g/Ï ACd]1/2 Free Fall Definition The everyday use of the term free fall is not the same as the scientific definition. In common usage, a sky diver is considered to be in free fall upon achieving terminal velocity without a parachute. In actuality, the weight of the sky diver is supported by a cushion of air. Free fall is defined either according to Newtonian (classical) physics or in terms of general relativity. In classical mechanics, free fall describes the motion of a body when the only force acting upon it is gravity. The direction of the movement (up, down, etc.) is unimportant. If the gravitational field is uniform, it acts equally on all parts of the body, making it weightless or experiencing 0 g. Although it might seem strange, an object can be in free fall even when moving upward or at the top of its motion. A skydiver jumping from outside the atmosphere (like a HALO jump) very nearly achieves true terminal velocity and free fall. In general, as long as air resistance is negligible with respect to an objects weight, it can achieve free fall. Examples include: A spacecraft in space without a propulsion system engagedAn object thrown upwardAn object dropped from a drop tower or into a drop tubeA person jumping up In contrast, objects not in free fall include A flying birdA flying aircraft (because the wings provide lift)Using a parachute (because it counters gravity with drag and in some cases may provide lift)A skydiver not using a parachute (because the drag force equals his weight at terminal velocity) In general relativity, free fall is defined as the movement of a body along a geodesic, with gravity described as   space-time curvature. Free Fall Equation If an object is falling toward the surface of a planet and the force of gravity is much greater than the force of air resistance or else its velocity is much less than terminal velocity, the vertical velocity of free fall may be approximated as: vt gt v0 where: vt is the vertical velocity in meters per secondv0 is the initial velocity (m/s)g is the acceleration due to gravity (about 9.81 m/s2 near Earth)t is the elapsed time (s) How Fast Is Terminal Velocity? How Far Do You Fall? Because terminal velocity depends on drag and an objects cross section, there is no one speed for terminal velocity. In general, a person falling through the air on Earth reaches terminal velocity after about 12 seconds, which covers about 450 meters or 1500 feet. A skydiver in the belly-to-earth position reaches a terminal velocity of about 195 km/hr (54 m/s or 121 mph). If the skydiver pulls in his arms and legs, his cross section is decreased, increasing terminal velocity to about 320 km/hr (90 m/s or just under 200 mph). This is about the same as the terminal velocity achieved by a peregrine falcon diving for prey or for a bullet falling down after having been dropped or fired upward. The world record terminal velocity was set by Felix Baumgartner, who jumped from 39,000 meters and reached a terminal velocity of 134 km/hr (834 mph). References and Further Reading Huang, Jian (1999). Speed of a Skydiver (Terminal Velocity). The Physics Factbook. Glenn Elert, Midwood High School, Brooklyn College.All About the Peregrine Falcon. U.S. Fish and Wildlife Service. December 20, 2007. (archived)The Ballistician (March 2001). Bullets in the Sky. W. Square Enterprises, 9826 Sagedale, Houston, Texas 77089.