Week Two Assessing the Goal of Sports Products, Inc Essay

Week Two Assessing the Goal of Sports Products, Inc - Essay Example For any organization the main aim should be maximization of the shareholder’s wealth, not just profit maximization of the organization. The shareholders can benefit in two ways; either by receiving dividend or by the internal growth of the company. From last 20 years the company hasn’t paid any cash dividend, so they can only be benefited by rise in stock price. At present the company’s shock price is going down although the company is making a good profit. This clearly indicates that the main goal of company is to just maximize profit as much as possible, because this directly affects the pay of managers. But on the same time company is losing its reputation in market which is evidenced by the declining stock price. Hence the management of Sports Products Inc. should change their present goal of profit maximization and should pay more emphasis on the shareholders’ benefits which can be only achieved if the stock price increases. As a company receives all its resources from the society, hence they also have some responsibility toward the betterment of the society. They should take care that any of their activity should not degrade the environment. At present the stock prices are doing down even when the financial report indicates a continuous rise in profits. This clearly indicates that there is some problem in the management. At present the management is emphasizing merely on profit maximization. Basically there are two ways for profit maximization- either increase the revenue or decrease the expenditure. The company is following the second one. They are trying to reduce their expenditure at all possible ways. Even they overlook the pollution norms for reducing cost. They dump their waste products directly into the adjacent stream. This not only pollutes the surrounding environment but it lead to highly hazardous diseases by polluting

Preferential Trade Agreement and Third World Economies Research Proposal

Preferential Trade Agreement and Third World Economies - Research Proposal Example Scope and uniqueness of study from existing research From the research questions posed above, it would be noted that the study will have a central theme of economic growth among third world economies. To achieve this, three major premises or variables shall be investigated as part of the scope of the study. These premises and the theme that together form the scope of the study have been demonstrated in the diagram below. What makes the research questions and the scope of the study unique is that it takes a spiral and holistic approach to the theme of economic growth in 3rd world economies. By spiral, reference is being made to the fact that the eventual goal of economic growth will be approached from a systematic order where one thing must lead to the other in order to bring the needed change. By holistic also, reference is being made to the fact that the research will not only look at what needs to be done but what needs to be avoided. By this, all forms of unfair trade agreements that have only taken advantage of third world economies will be exposed. The rationale for such a spiral and holistic approach is that Martin, Marchetti and Lim (2007) criticised existing approaches to economic growth in third world economies as being haphazard and lacking systematic plan that recognises barriers that must be overcome before growth can be achieved. Bridging gaps in literature The proposed study will be conducted in a manner that departs from existing literature so as to make the topic different from others.