Preview

Bu 601 Final Paper

Powerful Essays
Open Document
Open Document
2137 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Bu 601 Final Paper
BU 601- Strategic Management
Neha Peddakotla
Studend ID- 125817230
Total pages- 6 Currie Road Construction Limited
Recommendation
Currie Road Construction Ltd should enter the US market (Houston, Texas) by setting up a wholly owned subsidiary, and will be involved in road maintenance. While Currie can make the most of the $880 million stimulus that the BC government is considering, by expanding into the Texan market, it will be able to earn additional cash flows over and above the ones earned from BC operations. Currie is projected to earn more revenues from road maintenance $1751.24 as opposed to road construction, which is projected to yield $ 832.65.
Strategy Formulation
Currie …show more content…
Though this means that there will a substantial resource commitment, Currie will be able to finance to this expansion by taking a loan from the bank, by keeping as collateral its valuable pieces of real estate (eg, two golf courses) whose potential value is enormous. Since the Texan market has low entry barriers (refer to Exhibit 4), it will not be difficult to set shop there.
Though the company is still clearing its outstanding debt, Currie is optimistic that they are headed in the right direction. With this new venture, we are assuming that since the TxDOT is has expressed enthusiasm in Currie entering the market, we would be able to gain some subsidies from the government in setting up the wholly owned subsidiary and revenues earned from the new venture, would be able to cover the interest expense on the new loan. We could have sold some of our property to finance the wholly owned subsidiary, but due to recession, it would be tough to find the right buyer and a right …show more content…
Total revenues are the addition of last year’s revenues $81842 + projected revenue of $2376. The total infrastructure projects scheduled to for bidding in Texas during April 2009 were segregated into Maintain and Build projects. Total of Maintain were calculated to be $ 87561884 and total of Build were calculated to be $
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    Ist 7040 Unit 1 Research Paper
    • 1266 Words
    • 6 Pages

    Ist 7040 Unit 1 Research Paper

    Routing is the methodology of selecting way or path in a system and also to send network traffic in this path or way and route is the way to send the system traffic. There are two types of routes. One is static routing and other…

    • 1266 Words
    • 6 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Acct 598 Final paper
    • 307 Words
    • 2 Pages

    Acct 598 Final paper

    Class Act has concluded that the full agreement consideration of $5 million should be recorded as revenue upon signing the agreement. I do not think this is appropriate method to recognize revenue. According to FASB, a company would apply the following five steps to achieve the core principle: (1) identify contract with the customer. (2) Identify separate performance obligations. (3) Determine transaction price. (4) Allocate transaction price. (5) Recognize revenue when performance obligation is satisfied. Class Act recognized all $5 million up signing the agreement, how about if the performance of Broadway Venues doesn’t satisfy the agreement. The article shows that the agreement is silent as to whether any payments are refundable if the tour never commences.…

    • 307 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Wacct 505 Week 9 Final Paper
    • 3289 Words
    • 14 Pages

    Wacct 505 Week 9 Final Paper

    Objective: This course is designed to provide you with a general understanding of a variety of financial restructuring and reorganization techniques. Each topic that we discuss describes a transaction that restructures or reorganizes the firm in some particular way. The specific objectives of the course include: (1) to help build a framework for analyzing various corporate restructuring transactions primarily through techniques of financial analysis; (2) to provide a…

    • 3289 Words
    • 14 Pages
    Powerful Essays
    Read More
  • Good Essays

    Bsbwor501 Final Exam Paper
    • 746 Words
    • 3 Pages

    Bsbwor501 Final Exam Paper

    “The payroll department wants to purchase a new payroll software package. Human Resources has received many complaints regarding inconsistent calculations and delays in payment due to the current manually intensive process. Senior management has approved this as a top priority for the company.”…

    • 746 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Bsa 385 Week 4 Paper
    • 1214 Words
    • 5 Pages

    Bsa 385 Week 4 Paper

    The scope of this document is to outline the process and procedures take to ensure the Kudler Fine Foods is in the best position to maintain the Frequent Shopper Rewards program that Smith consulting has put into place. The following document is a tool for Kudler Fine Foods to use to make sure that there is a checks and balances system in place as they move toward expanding the Rewards program and growing their customer base. To complete this task Smith Consulting has compiled a list of criteria to follow based on the technical architecture document.…

    • 1214 Words
    • 5 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Accounting 557
    • 766 Words
    • 4 Pages

    Accounting 557

    You are the Senior Accountant for the Patty Corporation which has several divisions. They each keep their own accounting books and have chosen the appropriate method of revenue recognition based on their operations.…

    • 766 Words
    • 4 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    Tax Research Memo
    • 1179 Words
    • 5 Pages

    Tax Research Memo

    Paula Green, a U.S citizen and our client, is preparing to expand her business into landscaping field. Before the expansion, Paula already has already been operating the Green Thumb Nursery whose total assets with a $260,000 adjusted basis and a $500,000 FMV. To avoid the risk of paying unlimited debt, Paula plans to change business form from sole proprietorship into corporation. And Mary Brown, a U.S citizen and the other client, would like to invest $250,000 into this corporation.…

    • 1179 Words
    • 5 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Bshs 352 Week 4 Research Paper
    • 436 Words
    • 2 Pages

    Bshs 352 Week 4 Research Paper

    Write a 1,050- to 1,400-word paper in which you identify three barriers to services, planning, funding, or empowerment in a selected aspect of human services. How does community development help address these barriers? Discuss how applications of technology could be utilized as a means to overcome each of these barriers. Include at a minimum the applications that utilize word processing, presentation, spreadsheet, database, and report generating applications. You may also include communications software, media such as video, and other types of technology in your discussions. Format your paper consistent with APA guidelines.…

    • 436 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Chhi 301 Paper 2
    • 1759 Words
    • 8 Pages

    Chhi 301 Paper 2

    two major tribes were the Ostrogoth’s and the Lombard’s where power shifted several times, And the…

    • 1759 Words
    • 8 Pages
    Powerful Essays
    Read More
  • Satisfactory Essays

    BUS 600 Week 6 Final Paper
    • 581 Words
    • 3 Pages

    BUS 600 Week 6 Final Paper

    The final assignment for this course is a Final Paper. The purpose of the Final Paper is for you to culminate the learning achieved in the course by completing a final research project on organizational communication processes. The Final Project represents 25% of the overall course grade.…

    • 581 Words
    • 3 Pages
    Satisfactory Essays
    Read More
  • Powerful Essays

    Edu 601 Final Paper
    • 2276 Words
    • 10 Pages

    Edu 601 Final Paper

    In this class, we have struggled to evaluate the current educational system in order to determine if significant social issues, including increasing regional poverty, and declining literacy rates in specific urban regions are related to economic differentiations in the education system. Because of recent studies, some have considered the issue of educational funding allotments in order to determine a system that provides greater equity between socioeconomically disadvantaged inner-city schools and wealthier suburban, middle class schools. This funding issue has been addressed a number of times. It has been recognized that the foundation for the necessary funding changes have stemmed from the recognition that school funding differences relate directly to sociological issues, including the creation of a cycle of poverty and illiteracy in under funded urban settings.…

    • 2276 Words
    • 10 Pages
    Powerful Essays
    Read More
  • Good Essays

    IAH 201 paper 1
    • 1173 Words
    • 3 Pages

    IAH 201 paper 1

    At the time of the Spanish American War the United States went from relative isolation to increased global involvement because of 1. The spirit of the American people captured by the idea of the frontier and, 2. The belief it was the duty of America to maintain peace of all nations. The consequences of this increased global involvement on American Society was 3. The clashing views of the imperialist and anti-imperialist parties.…

    • 1173 Words
    • 3 Pages
    Good Essays
    Read More
  • Better Essays

    Soc 120 Week 9 Final Paper
    • 1878 Words
    • 8 Pages

    Soc 120 Week 9 Final Paper

    The United States is known as the wealthiest nation in the world. When poverty is mentioned most people think of this occurring in developing countries. Everyone has come across someone in the United States suffering from hunger, homelessness and other forms of poverty, but few people may have realized it. [pic]Poverty in the United States is quite different from the images often[pic] seen on television [pic]in[pic] other [pic]developing[pic] countries (Cole, 2005). Instead of homelessness and starvation, [pic]poverty [pic]is a malnourished child whose parents do not have the earning to provide healthy food for their families. [pic]Another face of[pic] poverty [pic]is a hard working single parent that is working full time and still struggles to provide the family with food, [pic] [pic][pic]shelter, clothing or even a car. Although the United States is the wealthiest nation, poverty is still an issue (Freeman, 2005).[pic][pic]In the United States childhood poverty is said to be a very alarming problem. It affects [pic]every person in this country, regardless of economic status, age, race, or gender. In 2001, 11.7 million children, or 16.3% of children in the United States were poor[pic] (Freeman, 2005). [pic]Children represent a disproportionate percentage of the poor population. They make up 35.7 percent of the poor, but only account for 25.6 percent of the general population (U.S. Census Bureau,[pic] 2006). America must make it a priority to see that the adequate attention is being given to the problem of all the children that are living in poverty. These children are our future and need us to provide the resources, encouragement and resources they need to get out of poverty.[pic] [pic] Society categorizes an individual into the poverty group when there is not enough income to meet the basic need of food, clothing and shelter. Food, clothing and shelter are not…

    • 1878 Words
    • 8 Pages
    Better Essays
    Read More
  • Good Essays

    Com 200 Final Paper
    • 1553 Words
    • 7 Pages

    Com 200 Final Paper

    I know how to speak, and I can hear when people talk to me, but why is it that we still consume ineffective listening skills between one another? When we think of effective listening at work or on the job, most of us think of what we actually say or what is said to us. What I am going to cover is the factors and barriers of effective communication, strategies for active, critical and empathic listening and understanding the impact of gender and culture on interpersonal communication.…

    • 1553 Words
    • 7 Pages
    Good Essays
    Read More
  • Powerful Essays

    Eng 122 Final Paper
    • 2394 Words
    • 10 Pages

    Eng 122 Final Paper

    The childhood obesity crisis is an epidemic that not only touches the lives of people in the United States, but it affects the lives of those all around the world. In a society where childhood obesity is a major health care concern, many do not understand the complexity of this issue whereas others just seem to ignore it. Publically it seems to fall at the wayside when it is discussed in conjunction with many of the world’s other problems. So many young children struggle with this problem as the rates of childhood obesity have increased. Childhood obesity can be defined as any child between the ages of 2 through 19 that have exceeded the 95th percentile of the Body Mass Index (BMI) in comparison of those in their peer group. BMI measures height, weight, waist circumference and skinfold to determine the amount of fat a person is storing. Today, nearly one-third of children and adolescents are overweight or obese and face major health concerns in the future (Ogden, Carroll, Curtin, Lamb, & Flegal, 2010). Contributors to the obesity problem are unhealthy eating, derived from a poor diet or eating too much, not enough physical activity, and lack of information on this subject. There is not enough being done to combat this complex issue and measures have not been taken to prevent this from happening in the future. If parents are educated about what childhood obesity is, what causes it, how it causes low self-esteem, why it is such an important topic, what they can do to decrease the risk of this issue, and how this affects their children as they grow into adults, then the number of obese children will decrease in time.…

    • 2394 Words
    • 10 Pages
    Powerful Essays
    Read More

Related Topics