Friday, January 24, 2020

United Parcel Service - UPS Essay -- essays research papers

United Parcel Service Executive Summary UPS has announced that after more than 90 years as a private company, it was planning an initial public offering to become a publicly traded company. In response to this, we will first analyze UPS ¡Ã‚ ¦s business strategy and it ¡Ã‚ ¦s sustainability of its current performance. Then we will look at key factors to estimate the UPS ¡Ã‚ ¦s market capitalization value using FedEx ¡Ã‚ ¦s multiples as well as  ¡Ã‚ §best in breed ¡Ã‚ ¨ company premiums. From this, we concluded that UPS ¡Ã‚ ¦s IPO should create a market capitalization for UPS between $17,520 million and $30,415 million. Evaluation UPS is the largest parcel delivery service in the world. They also help their customers its customers with supply chain management, logistics, and financial services. UPS used to be a trucking company with technology, now it ¡Ã‚ ¦s a technology company with trucks. One of the UPS ¡Ã‚ ¦s key success factors is the way they manage their operations. Their carefully designed network of vehicles, sorting facilities, and hubs combined with their IT system, allows them to pick up 13 million packages each day from 2 million addresses for delivery to over 6 million commercial and residential addresses worldwide with highest levels of reliability, efficiency, and speed. Also the integration of its air and ground operations gave UPS the ability to optimize utilization of its assets while still meeting customer service requirements. Other key success factor is UPS ¡Ã‚ ¦s human resource management. UPS has lowest turnover rates in the industry and succeeds in developing a portion of its wor kforce for management positions each year. The company ¡Ã‚ ¦s unique culture emphasized accountability and efficient execution at every level of the organization. UPS is performing better than FedEx in financial performances. From 1997-1999, UPS reported average net profit margins of 6.5% while FedEx ¡Ã‚ ¦s was 2.8% and ROE of 25.2% for UPS and 10.6% for FedEx. Although UPS ¡Ã‚ ¦s net income in 1999 dropped significantly, it was result of a tax dispute, which should not affect the sustainability of the UPS financial performance. One of the factors driving this performance is the growth in the international delivery business. International operations in 1999 has accounted for 13% of the UPS ¡Ã‚ ¦s revenues and 5% of the operating profits. International package revenue grew 50% since 1994 and international... ...OB premium for the trailing price to earnings multiple, we come up with UPS market capitalization of $21,985 million. If we use the 103% average BOB premium for the market to book multiple, then we come with UPS market capitalization of $38,845 million. UPS doesn ¡Ã‚ ¦t seem like it deserves a BOB premium because its only has 15% higher net income than FedEx where the BOB premium companies average over 200% higher net income than the industrial comparable. But, since the last year ¡Ã‚ ¦s net income was negatively affected by the tax court ruling we believe their net income in 1999 should be looked at without this one time write off against their net income which would bring their net income more closer to what the BOB premium companies average. Conclusion We believe the UPS ¡Ã‚ ¦s actual market capitalization and stock value lies somewhere between $17,520 million and $30,415 million. Although we believe that UPS shouldn ¡Ã‚ ¦t be fully valued using the BOB premium because of the uncertain future business and financial prospects, we also don ¡Ã‚ ¦t think just using FedEx ¡Ã‚ ¦s multiples as benchmark for the UPS ¡Ã‚ ¦s value captures the true market capitalization value for UPS. United Parcel Service - UPS Essay -- essays research papers United Parcel Service Executive Summary UPS has announced that after more than 90 years as a private company, it was planning an initial public offering to become a publicly traded company. In response to this, we will first analyze UPS ¡Ã‚ ¦s business strategy and it ¡Ã‚ ¦s sustainability of its current performance. Then we will look at key factors to estimate the UPS ¡Ã‚ ¦s market capitalization value using FedEx ¡Ã‚ ¦s multiples as well as  ¡Ã‚ §best in breed ¡Ã‚ ¨ company premiums. From this, we concluded that UPS ¡Ã‚ ¦s IPO should create a market capitalization for UPS between $17,520 million and $30,415 million. Evaluation UPS is the largest parcel delivery service in the world. They also help their customers its customers with supply chain management, logistics, and financial services. UPS used to be a trucking company with technology, now it ¡Ã‚ ¦s a technology company with trucks. One of the UPS ¡Ã‚ ¦s key success factors is the way they manage their operations. Their carefully designed network of vehicles, sorting facilities, and hubs combined with their IT system, allows them to pick up 13 million packages each day from 2 million addresses for delivery to over 6 million commercial and residential addresses worldwide with highest levels of reliability, efficiency, and speed. Also the integration of its air and ground operations gave UPS the ability to optimize utilization of its assets while still meeting customer service requirements. Other key success factor is UPS ¡Ã‚ ¦s human resource management. UPS has lowest turnover rates in the industry and succeeds in developing a portion of its wor kforce for management positions each year. The company ¡Ã‚ ¦s unique culture emphasized accountability and efficient execution at every level of the organization. UPS is performing better than FedEx in financial performances. From 1997-1999, UPS reported average net profit margins of 6.5% while FedEx ¡Ã‚ ¦s was 2.8% and ROE of 25.2% for UPS and 10.6% for FedEx. Although UPS ¡Ã‚ ¦s net income in 1999 dropped significantly, it was result of a tax dispute, which should not affect the sustainability of the UPS financial performance. One of the factors driving this performance is the growth in the international delivery business. International operations in 1999 has accounted for 13% of the UPS ¡Ã‚ ¦s revenues and 5% of the operating profits. International package revenue grew 50% since 1994 and international... ...OB premium for the trailing price to earnings multiple, we come up with UPS market capitalization of $21,985 million. If we use the 103% average BOB premium for the market to book multiple, then we come with UPS market capitalization of $38,845 million. UPS doesn ¡Ã‚ ¦t seem like it deserves a BOB premium because its only has 15% higher net income than FedEx where the BOB premium companies average over 200% higher net income than the industrial comparable. But, since the last year ¡Ã‚ ¦s net income was negatively affected by the tax court ruling we believe their net income in 1999 should be looked at without this one time write off against their net income which would bring their net income more closer to what the BOB premium companies average. Conclusion We believe the UPS ¡Ã‚ ¦s actual market capitalization and stock value lies somewhere between $17,520 million and $30,415 million. Although we believe that UPS shouldn ¡Ã‚ ¦t be fully valued using the BOB premium because of the uncertain future business and financial prospects, we also don ¡Ã‚ ¦t think just using FedEx ¡Ã‚ ¦s multiples as benchmark for the UPS ¡Ã‚ ¦s value captures the true market capitalization value for UPS.

Thursday, January 16, 2020

Caca pupu

They will record all personal information such address, height, weight, physical characteristics and much more. The next step, after processing the delinquent, is to place a bail or bond on the person. In Ms. Watson case, she will probably have to wait to see the Judge the next morning to determine whether or not placing a bail or bond on her is an alternative. This decision often depends on the severity of the crime. After the bail or bond has been placed, it will be followed by the arraignment. An arraignment is the first appearance an offender will have in court.It is here where they go from being a suspect to being a defendant in a criminal case. During the arraignment, the Judge reads the criminal charges bestowed upon the offender, and makes sure the offender understand them. If at that moment the accused does not have a lawyer, present or hired, the Judge will offer to provide one appointed by the court. In our case of study, during this audience Ms. Watson will be told that s he is being charged with possession of a controlled substance with intent of distribute, and the Judge will ask her if she understands the charges.The arraignment is followed by the plea bargaining. As we studied during the course of this class and, in my case in particular, in my mini paper 2, about 95% of cases are disposed by plea bargaining every year. In this case Ms. Watson has the opportunity to plea bargaining to lesser he charges; however, for the purpose of this paper I will state that Ms. Watson does not wish to plea bargaining and request criminal trial. After plea bargaining, comes the preliminary hearing. In this process, the prosecutor tries to convince the Judge that there is enough evidence to demonstrate that a crime was committed.It is at this stage of the case when the prosecutor will prove to the Judge that Ms. Watson committed the crime of possession of a controlled substance with intent to distribute. A criminal trial follows after the preliminary hearing has taken place. If Ms. Watson is not satisfied with any plea deals offered to her, she would go to a criminal trial where a Jury decides her fate. During the course of this trail the prosecution must prove beyond any reasonable doubt to the Jury that Ms. Watson committed the crime.The last step in the process is the sentencing. If an offender plead guilty or was found guilty by a Jury, he or she will be sentenced according to the severity of the crime committed. Here is where Ms. Watson will be sentenced for committing the crime of possession of a controlled substance with intent to distribute. The mandatory minimum sentences pertaining to federal narcotics locations have been object of many criticisms. In 1991 the United States Sentencing Commission released a document with the mandatory minimum requirements.The statutes described in the aforementioned document were widely criticized because they were considered unjustifiable in some cases were the offender had minimum participation a nd were barely over the statutory floor (Lynch, 2001). However, in this particular study case, is demonstrated that Ms. Watson was part of a crime that triggered a five to ten year mandatory minimum because she was in possession of a significant amount of cocaine. The sentence that Ms. Watson will probably receive is institutionalizing. A charge of possession of crack cocaine with intent to distribute is a very serious offence in all the states of the U.S. We have to consider many factors for this charge and sentence, such as the criminal history of the offender, the possibility of someone getting hurt, the psychological background of the accused and others. Because Ms. Watson already had a warrant for her arrest, which makes us think that she had a criminal history, I believe that she should receive a sentence of seven to ten years in prison without the possibility of parole. Crack cocaine is lassie as a Schedule II drug, which means it is highly addictive. Thousands of Americans d ie each year because of this drug, especially young people.How can we expect someone to reenter society or reduce recidivism if we don't help them gain a helpful skill before they are released from prison? Most of the inmate population originates from the lowest social strata of the country, and have only experienced low quality education, poverty, substance abuse, mental health and many other social issues. If we invest time and reform the educational programs offered in the prison system, we could improve rehabilitation outcomes and as a consequence the number of recidivism cases will drop drastically.Making a mistake is human, rehabilitating someone and preventing them from going back to prison is wise. What's the strongest link in the criminal Justice system? I think that plea bargaining is the strongest link of the criminal Justice system. Because new state and federal laws have hardened sentencing for criminals, prosecutors have gained greater power to get guilty pleas from de fendants, and reduce the number of cases that go to trial. According to the Bureau of Justice Statistics, in 2003 there were 75,573 cases disposed of in federal district court by trial or plea. Of these, about 95 percent were disposed by plea bargaining.While there are no exact estimates of the proportion of cases that are resolved through plea bargaining, scholars estimate that about 90 to 95 percent of both federal and state court cases are resolved through this process (Divers, 2011, p. 3). It is an effective system when dealing with overcrowded courts, and the lengthy expensive processes. Besides, prosecutorial discretion usually finds a way to avoid dramatic injustices. During the course of this class I learned a lot about the American criminal Justice system. I could understand a little better the complexity of the system as a whole.

Wednesday, January 8, 2020

Preventing Gun Violence In the Caribbean - Free Essay Example

Sample details Pages: 4 Words: 1050 Downloads: 4 Date added: 2019/03/20 Category Society Essay Level High school Tags: Gun Violence Essay Did you like this example? How does one define gun violence? A simple connotation of gun violence is that it is the foremost cause of premature death in the United States and kills more than 40,000 people and cause almost 90,000 injuries each year. The issue of gun violence is intricate and deeply engrained in our culture, which is why it is of the most importance to take a public health approach in guaranteeing our families and communities are safe. Although gun violence cannot be eliminated, as a societal issue it can be prevented by the implication of more crime prevention programs and interventions, countries signing the Geneva Declaration on Armed Violence and Development and stricter firearms prohibitions on high risk groups.. Don’t waste time! Our writers will create an original "Preventing Gun Violence In the Caribbean" essay for you Create order There are many people who see the Caribbean through naively tinted glasses and perceive it as an island getaway filled with sandy beaches, cocktails, and suntans that will live on in discomfiture. However, it is important to remember that these islands are not merely tourist attractions. They are living, breathing islands with the same crime and violence that every other country in the world experiences. Some might see this a bad thing, and the thought of not coming to the Caribbean might cross ones mind. This fact is a not an excuse to avoid exploring the splendor of what the Caribbean has to offer, but one should also be cognizant and aware of the dangers that are out there. According to the latest statistics, Honduras, with 92 murders per 100,000 population, and Jamaica, with 40.9 murders per year per 100,000 people; are among the nations with the highest murder rates in the world, although Jamaicas homicide rate has declined somewhat in recent years. Other destinations in the Caribbean region with murder rates significantly higher than the United States include: the St. Kitts and Nevis with 38 per 100,000, Guatemala with 38 per 100,000, Trinidad and Tobago with 35 per 100,000, Bahamas with 27.4 per 100,000, Puerto Rico with 26 per 100,000 and the U.S. Virgin Islands with 39 murders per 100,000. According to the latest available data, the murder rate in the United States was 4.7 per 100,000 population. Caribbean destinations with murder rates about the same as that in the U.S. include Martinique, Anguilla, Antigua Barbuda, the British Virgin Islands, the Cayman Islands, Cuba, Guadeloupe, Haiti, and Turks Caicos. The rest of the Caribbean nations fall somewhere in the middle according to data from the United Nations. A feasible approach to dropping gun violence is to overwhelm illegal gun carrying in areas where gun crime is focused. This strategy involves putting extra patrol resources in suspicious areas and having officers focus on gun detection through traffic stops and pedestrian checks. Studies conducted in cities inside and outside the United States specify that targeted restrictions on illegal gun carrying reduce gun crime significantly and improve individuals perceptions in battered areas. Police can also improve community support for such efforts by checking area residents in development of such initiatives. Another method to decrease gun violence rates is the program Operation Ceasefire. Originally developed by the Bostons Police Departments Youth Violence Strike Force, Operation Ceasefire is a problem-solving police strategy that seeks to decrease gang violence, illegal gun possession, and gun violence in communities. The goals of the program are to carry out a comprehensive strategy to apprehend and prosecute offenders who carry firearms, to put others on notice that offenders face certain and serious punishment for carrying illegal firearms, and to prevent youths from following the same criminal path. As a deterrence strategy, the intervention assumes that crimes can be prevented when the costs of committing the crime are perceived by the offender to outweigh the benefits of committing a crime. It targets high-risk youths as well as serious and violent juvenile offenders. In 1998, The Department of Justice launched SACSI or the Strategic Approach to Community Safety Initiative, to see if Bostons collective, problem-solving process could be simulated by ten other cities also fighting high rates of violent crime. The SACSI strategies in each city were developed and guided by multi-agency, multidisciplinary core groups, with strong and effective leadership provided by U.S. Attorneys Offices. Each core group included research partners, and research was well integrated into strategic planning and problem-solving. The intervention strategies crossed the range of enforcement to prevention and were implemented by working groups responsible for day-to-day activities. The study found that the SACSI approach, when implemented strongly, is associated with reductions in targeted violent crime in a community, sometimes as much as 50%. Successful elements of the SACSI approach include the leadership provided by U.S. Attorneys Offices, the integration of research, collaborative strategic planning, and the range of intervention strategies. Lastly, another program made to combat gun violence is The Geneva Declaration on Armed Violence and Development. It is a diplomatic initiative aimed at addressing the interrelations between armed violence and development. The Geneva Declaration on Armed Violence and Development represents a high level tactful initiative designed to support states and civil society artists to achieve measurable reductions in the global burden of armed violence in conflict and non-conflict settings by 2015 and beyond. A Core Group consisting of 15 participant states and united organizations is responsible for steering the process and guiding the implementation of the Geneva Declaration. To advance coordinated, clear, and corresponding interventions that are sensitive to national and local truths and needs, the Core Group encourages a holistic approach that includes diplomatic, doctor, and academic components. In the event that all these programs might one day prove ineffective and we are left with limited options in reducing gun violence, what are some simple ways to eliminate it gradually? The first thing to do would be to identify the high-risk groups in the Caribbean and promote stricter gun laws on them. This would also be the case for the whole population in its entirety, to avoid a change in risk groups and development of patterns. However, if we consider the high-risk group as a paramount threat, the ability to obtain a gun should be next to impossible to do. Gun violence is one of the problems that we have as human beings living in a world where there is ignorance, lack of communication and individuals with a warped sense of justice. However, with enough patience, time and contribution as a community, gun violence can become a rare occurrence and the Caribbean can truly be considered a paradise.