The Culture of the Organization and Conditions of the Industry Research Paper - 9

The Culture of the Organization and Conditions of the Industry - Research Paper Example The organization which has been selected for the analysis of the change management process that is implemented is ASDA. ASDA is a British supermarket chain that is the biggest subsidiary of the American giant WalMart, who boasts to be the world’s largest retailer. It is the second largest chain in the United Kingdom after Tesco; this is enough to understand the size of the organization in terms of market share and penetration. The international sales of Wal-Mart are more or less accounted for by this international subsidiary of theirs. They compete on a price basis; their main slogans since the birth of the company are to provide the cutting edge prices to their customers in the whole of the United Kingdom. Their major aim is to highlight themselves in the middle and lower strata of the population to gain maximum market penetration and market share. The organization is basically boasting to provide product and service both to its valued customers. It is more or less in the mid dle of the product-service continuum, sliding more towards to product end. This is because the organization has built a brand name in providing quality service in terms of retail housing to its customers. This requires high quality of the product. On the other hand, due to their sound brand name, they have this aspect of after sales service that is being associated with the organization, the customers are satisfied that their queries would be met with. The element we will be focusing on in the assignment is the product orientation of the organization.

'Common stock valuation' Essay Example | Topics and Well Written Essays - 500 words

'Common stock valuation' - Essay Example The dividend yielded from a particular common stock is not predetermined and is variable as compared to the fixed dividend offered in the case of preferred shares. The identification of the common stock’s value becomes quite difficult as the dividend rate is not already known and is always fluctuating. The basic principle applied while stock’s value is determined is that the current value of the stock is supposed to be its present value of all upcoming cash flows that is owed by the person who has invested in the stock. In simpler terms this means that an investor’s return depends on what price he is paying for a stock. The current price of a stock can be identified through discounted value of future cash flows by applying the principle of time value of money (Moyer, 2012). This value of the stock is recognized as the stocks intrinsic value as this value is obtained from different information available about the stock. This value is not the exact value of the sto ck, but this value is near to the stocks actual value and reflects the current position of the stock. The above formula states that Po is the current price of the share and D1 is the dividend for that particular stock which is offered for the first time and the same dividend will be offered throughout and r is used to represent the common stock’s required return rate (Mayo, 2007). If a particular stock’s dividend is not constant and keeps on changing then the current value of the stock is its present value of any growing cash flows. Formula: Do is used to indicate the dividend that is offered this time, if the dividend of that particular stock keeps on growing at a continuous rate, then the current common stock’s value is value that all future dividends will have (Chisholm, 2009). The constant rate of growth of stocks is represented by â€Å"g†. This model is referred as DVM or dividend