The Health And Natural Food Stores - 2082 Words

The health and natural food stores have become increasingly noticeable with the modern diet crazes in The United States. The health and food industry extends beyond the GNC s store, health consciousness also extends to the local grocery store. In the featured writing the following will be explained, the segmentation of local market, a developed strategy for attracting a target audience chosen, a developed strategy for building long term customer loyalty, a discussion on reasons for using strategies, furthermore a list of three potential methods of measuring customer satisfaction and loyalty. Last a message for attracting the target audience. The topics discussed are ultimately going to be used for a new health food store called Phil’s†¦show more content†¦A strategy for targeting an audience is one of looking for families and individuals with disposable income and care for their wellbeing. Purchasing food items that provide important nutrients like potassium, dietary fiber, vitamin D and calcium, could add up to $380 annually to consumers’ grocery bills(Gustafson, n.d.) Americans have seen the value of foods with preservatives in them and notice they can purchase unhealthy classified items at a lower cost and shorter preparation time in contrast to a fresh cooked meal that inherently takes hours to prepare. The diet of an American differs from developing countries and others, the food in the US contains preservatives that are cause for long term health problems. The goal of Phil’s Organics is not to frighten or terrify a customer into making healthier food choice but rather giving the customer the informed alternative, with an emphasis of little advertising exposure, again to gain the customers trust and do its part to reverse obesity trends in the US. Natural, organic and eco-friendly products’ consumers have been divided into 7 shopper segments based on demographics, their lifestyle, organic purchasing history, attitudes toward organic and natural products, etc. * True Believers : These consumers want above all to keep an healthy body. They are convinced of the benefits of organic and natural products for them, their their daily lives and the environment. They like to try

The General Perception Of CEO Compensation Finance Essay - Free Essay Example

Sample details Pages: 7 Words: 1984 Downloads: 6 Date added: 2017/06/26 Category Finance Essay Type Research paper Did you like this example? Its general perception that CEOs compensation is very high and in recent years significant attention has been given to rising pay level of chief executive officer. Lot of researches has been done to explore the determinants of executive compensation. In most of studies positive relation between pay and performance has been investigated. Don’t waste time! Our writers will create an original "The General Perception Of CEO Compensation Finance Essay" essay for you Create order Shareholder desire maximization of their wealth and wish that the board of directors should design compensation system which motives senior executives to make policies that maximizes shareholders wealth. Stockholders returns are closely associated with accounting profitability in long run, so usually compensation system depends upon maximizing accounting profits. In most large companies managers are not owners, they are support to work in away that in the best interest of the shareholders who are owners. Agency theory argues that executives only goal is not the same as of wealth .executives other may include control, power and increase in their compensation level. In order to achieve their other goals they might avoid attractive but risky investments because they worried more about their safety of jobs than healthier and attractive profit. These problems arise because managers who are hired as agent of principals (owners) have their personal interest. Theses conflicts between p rincipals and agents are called agency problems. 1.1 THE COMPONENTS OF CEO PAY 1.1.1 Base Salaries Base salary is the standard yearly pay of the executive. Base salaries for chief executive officers are usually pre calculated through competitive benchmarking, even though job evaluation is also used to determine executive pay in organizations as well. Normally executives base salaries are frequently influenced by the judgment of the compensation committee consisting companys board of directors. The committee actually analyzes the gathered information from salary surveys usually from same or similar industry and then reach a conclusion to set the executive compensation. There can also be some other factors while determining executive compensation such as size of the organization in terms of employees, assets and revenues and whether the company is making healthier profits or going into losses. 1.1.2 Annual Bonus Plans Annual bonus plan is a variable pay usually fluctuating and tied to the performance of the organization. The main objective of executive bonus compensation is to motivate senior executives in order to get maximization of shareholders wealth, which is ultimately the main goal of organizations. Shareholders are basically owners and investors of the company but they not participate in management and day to day operations. Executives are decision makers of the operations of the firm hence they manage the business on the behalf of shareholders and get their remuneration and reward for their expertise and services they provide to the firm. According to agency theory executives only goal is not the same as of the shareholders that is the maximization of the wealth of shareholders; their other goals include power, Control ad increase in their personal compensation. Therefore, to bend the executives motive and decision making in the best favor of share holders, some flavor of bonus compo nent in added to executives compensative. Given below are five basic types of executive bonus compensation plans. 1.1.2.1 Stock Options Stock Options provide the executive with the right to buy company stock at a fixed price at some future date. Compensative is determined by difference between exercise price and option price of the stock (Initial and selling price of the stock).It means an executive will only be able to receive the bonus in the case when share prices increase. If the share price goes down than the option price, then the options become valueless. The shortcoming of the stock options is that rise and fall in share prices do not explain all dimensions of executives performance .It is not widely practiced in Pakistan. 1.1.2.2 Restricted Stocks The rational of the restricted stock is to promote longer executive tenure. In restricted stock executives or employees are given certain number of company share and they are prohibited from selling those shares for a period pre defined, it means they cannot sell those shares before a certain defined time period. If an employee or executive having restricted stock leaves the company on his own wish before date pre defined date the shares are forfeited. Thats how the restricted stocks are used to promote the longer tenure of executives, which is ultimately beneficial for the firm and shareholders in the sense that there will be consistency in the strategies and policies and executives remain with the firm for the longer period of time. The shortcoming of the restricted stock is that there is no downside risk to executive who always get profits like other shareholders. 1.1.2.3 Golden Handcuffs Golden handcuffs can be either a restricted stock in which the stock compensation is delayed until resting time provisions are fulfilled or to a bonus income that is series of annual or semi annul installments . It may also involve paying an executive any amount at the retirement time or any other predefined age. Compensation is forfeited in a case where executive resigns or is fired before time. The rational of golden handcuffs is to offer an incentive to executive to keep him with the firm. Short coming of this bonus plan is that it may promote risk a verse decision making due to downside risk borne by executive. Executives are considered to be valuable by the firms and most of the firms take great care of them. Executives are very much aware and use to cost cutting techniques and existing strategies that are formulated by them. When executives and changed, new comers bring in a lot of discontinuity in current strategy .Thus golden handcuffs are congruent with long term strate gies plans. Firms may adopt golden handcuffs when stability of executives or management is crucial to firms growth. 1.1.2.4 Golden Parachutes The rationale of golden parachutes is to talented executives with the firm. Golden parachutes involves compensative an executive with substantial amount if he retires, is fired or quiets the job. It means executive have right to get the bonus if they loose their position due to resignation, retirement firing or takeover. The shortcoming of the golden parachute is that it is rewarded regarded regardless of success or failure that means whether the wealth is created for shareholders or not. The difference between golden handcuff is paid in series of annual installments while in the case of golden parachute payment of bonus is made at the time of retirement, firing, takeovers or resignation. 1.1.2.5 Cash Its the type of bonus compensation paid in cash usually quarterly or annually based on accounting performance measures such as return on assets, earning per share, net income, return on equity. This type of bonus plan is introduced to offset limitation of market based measures of performance and to compensative on the basis of accounting measures of performance. There are some factors that are beyond the control of managements that causes firms share prices low despite really good performance by executives. In the above cases deserving executives are not paid bonus compensation due to undervalued share price. So cash compensation plan corrects that issue by compensating an executive on the basis of internally measured performance. Lot of criticism has been made on compensating an executive on the basis of accounting measures as there are flaws in accounting system and argue that these figures do not represent actual managerial performance and they believe that compensation shoul d be given on the basis of financial or market based measures which truly represents executives performance and maximizes share holders value 1.1.3 Executive Benefits and Perquisites As there is a huge difference between pay level of executives and low level employees, same way benefits provided by company to executives also vary from those of lower level employees. Executives receive many benefits like life insurance, pension plans and health insurance. Executives perquisites Perks are unique services and benefits provided by firms to executives. It includes membership in clubs; company maintained automobiles, executive dinning room special reserved parking, company aircraft use, physical exam, financial counseling, home security, sports tickets and many more. 1.2 WHO SETS CEO PAY CEOs are the policy makers in the organizations. There is a question that if chief executive officers are leaders and head the organization who formulate rules and regulations then do they set their own pay level themselves and who decides that whether they should be given bonus or not, if yes then how much? If we go through the controversial issue of chief executive officer compensation we will come to know that there is a strong perception that chief executive officers sets their own salaries, but usually this is not the real case. Normally chief executive officers compensation is set outsiders (Board of directors) who are very much aware about the conflicts between stockholders and managers (executives) and luterests of both parties. But we san not reject the fact that top level executives exert some influence on Board of Directors in setting their compensation (Both Base Salary and Bonuses). Usually committee of two or more than two outside directories is formed to set the d ay level of CEOs in most of the countries. The committee conducts market studies in the same industry and set the pay level. Then those recommendations about pay level are sent to human resource department and top level manages for approval ad revision before being presented to Full Board of Directors to Final Approval. 1.3 STATEMENT OF THE PROBLEM Considerable attention has been given to high and rising pay levels of chief executive officers. Critics argue that chief executive officers compensation is very high and it reduces the value creation of stock holders who are actual owners of the firm. They believe that compensation level should be accordance with the performance of the firm and senior executives pay level should be set in a way that motivates them to make strategies that are in the best interest of shareholders. So, there is a need of precise relationship between chief executive officers compensation and those variables that can play a significant role in determining the executive compensation. The variables used in this study and their justification have been discussed in greater detail in chapter 3. 1.4 OBJECTIVE As mentioned above, abundant research has been carried out to find out the determinants of chief executive officers compensation but there is a lack of precise investigation to analyze the determinants of chief executive officers in Pakistan. In this way the objective of this study is to investigate or evaluate the relationship among the chief executive officers compensation, performance and size of the firm. For this purpose accounting based measures such as return on assets (ROA), return on equity (ROE), Income before tax etc will be used as predictors while CEO compensation (Both cash and non cash) will be used as dependent variable to find out the impact of predictors on CEO compensation in Banking industry of Pakistan. 1.5 RESEARCH SCOPE/LIMITATIONS The scope of this study is to analyze impact of size and performance of the firm on chief executive officers compensation. Few limitations of this study has been given below. This research would just restrict to secondary data and no primary data will be used. The access of data would be restricted to public information and all organizations do not share their information. As data is collected from annual repots so annual reports are only available for last few years (Normally 4-5 years) on the websites of the organizations. 1.6 THESIS STRUCTURE The report is systematized as follows. Chapter (1) contains introduction of the thesis, which includes the statement of problem, scope and limitations, objective and some of the theoretical perspective regarding the executive compensation. In chapter 2 relevant literatures would be discussed. In chapter (3) methodology will be described that constitutes the data and justify the choice of the variables used in our analysis sample, technique and also estimate model used in analysis. In chapter (4) results would be analyzed after the data processing. Chapter (5) will conclude the thesis and will contain discussion and recommendations.

Essential Life-hacks for International students Free Essays

Life can be hard as an international student – with lectures to go to, bills to pay, and parents to speak to – it’s hard to stay on top of your studies. But students are resourceful, and they find ways to get the most out of whatever is around them – here are a few essential life-hacks for any student! 1.If you find reading English hard – leave yourself a sweet incentive. We will write a custom essay sample on Essential Life-hacks for International students or any similar topic only for you Order Now Mark each paragraph with a sweet to give yourself a reward for finishing another section, and to provide an incentive to finish the whole chapter! This is a great way to force yourself to read, especially if you struggle to read English. 2. If you struggle to understand your lecturers – record you lectures! You can use a program like Audacity or VLC media player to do this on your PC, or record them with you iPhone. You can then play the lecture back to yourself at a slower speed. This is a great way to also improve your English. Also, when crunched for time, listen to recorded lectures at double the speed! 3. If you’re dyslexic, there’s a special font called Dyslexie that could help you read more easily. Sometimes reading and writing English can be tough, especially if you are an ESL student. However this can be even tougher if you are dyslexic. Dyslexie makes things a little easier. Read more about it here. 4. If you are struggling to read the book, watch the film! If you are an ESL student then reading English books can be hard and time consuming. Luckily for you in the 21st century, there are loads of films and documentaries on all kinds of things. For example, for history and anthropology classes, watch a documentary on the topic, it’ll help you have a deeper understanding of the material. If no documentaries exist, open up YouTube and do a search on the topic. 5. Take notes in English. It might be tempting to try and write your notes in your own language; but forcing yourself to write your notes in English not only helps to improve your English skills, but it forces you to concentrate and focus. This is a proven way to improve the amount you remember and helps when you go to revision as you will remember more clearly the points that you had to focus to write. 6. Write down words you don’t understand in different colours This will act as a prompt for you to look up difficult words when you check over your notes. This will help to expand your English vocabulary and will also help you to gain a better understanding of your subject. Using coloured pens will fire up your visual memory. It also looks pretty and makes taking notes more enjoyable. 7. Google â€Å"site:edu [subject] exam† to find many different exam notes featuring problems pertaining to that subject. 8. Try an online interactive flash card site Flashcards are proven way to improve your memory, your English, and to generally help you get higher marks. There are loads of websites around that allow you to create your own flashcards and some where you can use ones that other people studying the same subject have already made. A popular site that we like is Quizlet. 9. When giving a presentation, set up a friend to ask you a question that you already know the answer to. It’s a great way to a) look like you know what you’re talking about b) boost your confidence. Being able to confidently answer your friend’s question will impress the whole class, and your lecturer! 10. Use our site!! The best thing you can do to really hack being an international student studying in the UK is to use our site’ Essay and Dissertation writing services. our site has worked with 1000s of international students and has helped them to achieve outstanding marks in any number of subjects. Head over to http://www.our site.com to see how you can get the best possible marks in your degree. How to cite Essential Life-hacks for International students, Essay examples