Tuesday, February 18, 2020
Analytic Report of Hunting PLC Essay Example | Topics and Well Written Essays - 1000 words
Analytic Report of Hunting PLC - Essay Example Hunting Plc focused on the shipping industry. Originally, the Hunting Plc had been named Hunting and Pattison. The company has two ships. The two ships are Genii and Sylvia. During 1890, Hunting Plc invested large sums of capital in the oil tanker business (Plunkett 2007). The managers of Hunting Plc focused on their activity, being a broker for the tankers. As time flew by rapidly, the managers of Hunting Plc expanded their business. The new 1930s to 1940s focus included aircraft maintenance. In addition, the company entered the air transports during the 1930s and 1940s.also, the company set up the Hunting aircraft during 1944. In 1945, Hunting Plc gave time to their new business venture, Hunting Air Travel Ld and the airline business. During 1959, the company also ventured into the new business British Aircraft Corporation. Presently, the company is engaged in the construction of oil wells and oil platform accessories market segment (http://www.hunting.plc.uk/). Further, the compan y used borrowed money to finance the companyââ¬â¢s assets. The total liabilities amount, ?217,000 includes the accounts payable and short/long term debt. The company also generates ?103,000,000 funds from other liabilities (http://uk.finance.yahoo.com/q/is?s=HTG.L&annual). Borrowing money is another source of cash inflows. Another source of funds is capital investment (Brigham 2011). In terms of Hunting Plcââ¬â¢s 2009 size, the company is significantly BIG. As of 2009, the companyââ¬â¢s current assets reached ?580,000,000. In addition, the companyââ¬â¢s 2009 total assets amounts to ? 818,000,000. The total assets include the ?404,000,000 cash and cash equivalents, ? 54,000,000, and inventory amounting to net receivables amounting to ? 116,000,000 (http://uk.finance.yahoo.com/q/is?s=HTG.L&annual). Identity if the type of Hunting Plc. Hunting Plc is Britainââ¬â¢s top supplier of the needs of companies engaged in the oil and gas industries. An estimated 30 percent of the company is owned by the Hunting family. The companyââ¬â¢s headquarters is in London. In terms of operations, the company operates in the oil and gas equipment and services area. The company supplies materials needed by the gas and oil business players. Further, Hunting Plc competes on broad basis. The companyââ¬â¢s competitors include Petrofact Limited. The other competitors are The Wir Group PLC. A third group is called Schlumberg Ltd. Another competitor is Lamprell Plc. Hunting Plc generated ? 360,000,000 alone during 2009. Likewise, Hunting Plc generated a net income after tax amounting to ? 29,000,000. Based on its history, Hunting Plc established its own unique growth strategy by acquiring other related companies. Hunting Plc acquired Innova Extel for US $ 125 million during August of 2010. The companyââ¬â¢s acquisition ensures Hunting Plcââ¬â¢s entry into the profitable environment electronics technology to the worldwide energy environment. Another growth strategy is to set up a branch in strategic locations around the world. The company sets up production plants and hires people around the world to deliver the world famous top quality service to the Hunting Plc clients. The company also established leading technological and service presence on its current business strategies. The company prefers to enter into a business where profits are very significantly large (Hutaikbat 2011). Mission The companyââ¬â¢s mission statement is a good model to be implemented. The employees and management set up a
Monday, February 3, 2020
Factors That Influence and Shape Organizational Behavior Research Proposal
Factors That Influence and Shape Organizational Behavior - Research Proposal Example They include the personality of the founder, the ethics of the organization, employment relationships, organizational structure, and national culture. These are the specific features that describe the culture of an organization. They include their values, vision and philosophy, goals, customer relations, quality of service, and interrelationships amongst the stakeholders. Organizational behavior is basically a culture that characterizes the nature of interaction and operations within and organization. If exploited appropriately, this culture can give the organization a competitive edge. However, it is worth noting that the development of a particular culture is influenced by several factors, which also vary from one organization the next. This book outlines how social systems emanate in organizations and further explain the positive and negative effects of such social systems. The book concludes with reviews on how organizations can successfully employ social systems to employeeââ¬â¢s performance. Proper knowledge of an organizational behavior is vital for the process of establishing healthy relationships through aspects such as social objectives and organizational objectives.
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