The two retail companies picked are Walmart and Costco whose 2017 Financial statement links are provided below: WALMART https://www.nasdaq.com/symbol/ wmt/financials?query=income- statement COSTCO https://www.nasdaq.com/symbol/ cost/financials?query=income- statement Both organizations are well known brands and position themselves well with their customer base. Walmart’s value proposition is “We save people money so they can live better”. On the other hand, Costco’s value proposition is “All-in-one convenience and everyday affordability”. Both retailers focus on cost saving for their customers. Looking at their financial statements and by analyzing them a few key areas are evident when comparing the two organization. Looking at the current ratio and quick ratio we can determine the short-term solvency of each organization. The current ratio can be determined by dividing the assets by the liabilities. Walmart’s current ratio sits at 0.86 while Costco’s sits at 0.99. The quick ratio is c...
Thursday last, 22nd May 2008 I went to attended a post marriage bride reception party call “ Bohubaht” in Bengali, at Katwa a small sub-divisional town in the province of West Bengal, India. This is the first time ever I happen to visit this part of India or better say Bengal. Traveling by local train to cover the distance of little more than 100 kilometers in 4 hours is exhaustive. There is no provision of toilet in the railway coaches designed to ferry the local passenger. What transpired they never expected one to travel from the train`s starting to destination point! However, when you get out of your city, what has transformed itself in a concrete jungle, the greenery is bound to absorb your mind to forget the rest. In the month of May, the climate offered bit cool, since the sky was cloudy. So the journey was pleasant. More so , when I met my hosts there. The people in this big mega city, Kolkata, have become long ago , mechanical. They force laugh or greet mechanically and we all are used to it. So, when you happen to experience the genuinely offered warm reception, it reminds you what busy city life forced you to lose.
I noted many came to attend the party , flying in from distant lands , like UK, or America. Took their time out , spending a good amount of sum to meet the traveling expenses , for attending a party that relates no political, business, bigwigs, is equally surprising. I truly wondered first, then I asked my self , why did I ago to attend the same? Came the prompt reply, it was the warmth of invitation that made it impossible to avoid. We still cherish to get such treatment in our mind, though do not expect in real life. Like the soap operas run in the form of TV serials, that attracts hordes of us, to view most of the time a well knitted family life passing through the labyrinth of complexities. Here what actually interests us the big family, the warmth of relationship not the problems they are facing, but how they are facing it. So, the more the human warmth , dearer the relationship. Truly speaking I forgot that still men deals other in the long forgotten way. I felt what civilization taught us, was this and slowly we are forgetting this. May be the speedy life, nucleus family and off course the over attention to self have deprived us the luster of such warmth. It is because this warmth people take their time offe from the busy schedule of their working , business life and take long journey to join such a get together, hosted my big hearted , now rare, these few men.
My host was an engineer of a steel plant in India, served his organization as best as he could. Earned recognition and laurels from the management. Raised two kids, now both are in their mid 30s, it was the younger one`s marriage, that offered the occasion. For the past 25 years I received numerous opportunities to attend such outstation party but never attended. They lacked the warmth. This time after attending I am feeling had I not attended this, I would have missed it for my residual life time. It replayed those long forgotten days what we use to have before 30-40 years. In a house such social function taking place, it use to be a joyous big gathering. The kiths, friends, relatives use to stay at the place not with much comfort but with big pleasure. Gone are the days of non-stop “Addas” , usually such occasion offered, and we use to look forward to it. In such a gathering many new relations, new partnerships were formed. Mind it , they are not present day`s relationship with business interest. It use to be purely emotional, intellectual affairs, a matter of heart not the head.
Can’t we get back those days again! This I am brooding over, how about you?
I noted many came to attend the party , flying in from distant lands , like UK, or America. Took their time out , spending a good amount of sum to meet the traveling expenses , for attending a party that relates no political, business, bigwigs, is equally surprising. I truly wondered first, then I asked my self , why did I ago to attend the same? Came the prompt reply, it was the warmth of invitation that made it impossible to avoid. We still cherish to get such treatment in our mind, though do not expect in real life. Like the soap operas run in the form of TV serials, that attracts hordes of us, to view most of the time a well knitted family life passing through the labyrinth of complexities. Here what actually interests us the big family, the warmth of relationship not the problems they are facing, but how they are facing it. So, the more the human warmth , dearer the relationship. Truly speaking I forgot that still men deals other in the long forgotten way. I felt what civilization taught us, was this and slowly we are forgetting this. May be the speedy life, nucleus family and off course the over attention to self have deprived us the luster of such warmth. It is because this warmth people take their time offe from the busy schedule of their working , business life and take long journey to join such a get together, hosted my big hearted , now rare, these few men.
My host was an engineer of a steel plant in India, served his organization as best as he could. Earned recognition and laurels from the management. Raised two kids, now both are in their mid 30s, it was the younger one`s marriage, that offered the occasion. For the past 25 years I received numerous opportunities to attend such outstation party but never attended. They lacked the warmth. This time after attending I am feeling had I not attended this, I would have missed it for my residual life time. It replayed those long forgotten days what we use to have before 30-40 years. In a house such social function taking place, it use to be a joyous big gathering. The kiths, friends, relatives use to stay at the place not with much comfort but with big pleasure. Gone are the days of non-stop “Addas” , usually such occasion offered, and we use to look forward to it. In such a gathering many new relations, new partnerships were formed. Mind it , they are not present day`s relationship with business interest. It use to be purely emotional, intellectual affairs, a matter of heart not the head.
Can’t we get back those days again! This I am brooding over, how about you?
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