Personal Characteristics Essay Sample

Personal Characteristics Essay SampleAlmost all TMDSA personal characteristics essay sample forums have their own guidelines for usage of the material, both in terms of content and formatting. It is your responsibility to make sure that the samples are accurately selected to match the content of the forum. Not doing so can seriously hamper your essay.The terms which constitute the basis of personal characteristics essay sample forums include: knowledge, attributes, and skills. The main purpose of this part of the essay is to prove how someone can contribute to a group and how that person has unique qualities that make him/her better than other students. The focus of the essay should also be on building up the person's contribution, including proof of his/her exceptionalism and proof of outstanding performance.As a student, you should know how to properly use personal characteristics essay sample forums in order to create a good personal characteristics essay sample. In order to do th is, you should have an in-depth knowledge of these forums and the steps needed to fully utilize them. If you do not possess this knowledge, you should hire the services of a professional essay consultant who can guide you in utilizing this type of forum in the right way.The first step that you should take in writing a personal characteristics essay sample is to determine the target audience of the essay. There are forums that are specifically made for students who want to write academic essays in school, while there are others which are meant for adult students who wish to write essays in school as well. You should therefore decide whether the forum that you are looking for is for academic or for adult students before you actually go out and start writing your personal characteristics essay sample.Another step that you should take in writing personal characteristics essay sample is to determine the topic that you want to cover in your paper. If you are looking for a forum wherein to help adults write their personal characteristics essay sample, then it would be better if you look for one that caters specifically to adult students. However, if you are looking for a forum that can help you write your personal characteristics essay sample, you can always look for forums that have general topics like: losing weight, how to have healthier relationships, etc.Another important factor that you need to take into consideration when writing a personal characteristics essay sample is to make sure that the forum you are looking for has a particular theme that matches with the subject matter of your essay. Some topics that are commonly seen in these forums include: aging, health, psychology, relationships, credit card bills, career planning, etc. By making use of this forum's theme, you can easily narrow down your essay topic. You should also ensure that the topic that you choose matches with the theme of the essay that you are writing so that it can be easier for you to wr ite.Another important aspect that you need to consider when writing a personal characteristics essay sample is to make sure that the content of the forum that you are using has sufficient information for you to get a detailed idea of the topic. It would be better if you already have a general idea of the topic that you want to write about. After all, you want your essay to have a sense of personalization.Lastly, you should take the time to make sure that the forum that you are using has clear guidelines in order to effectively use it in order to write your personal characteristics essay sample. If the guidelines in the forum are unclear, you should avoid going to use the information in the sample. You should instead contact the advisor of the forum for clarification on how to properly use the material.

Sr.Pablo free essay sample

Dell’s Working Capital B. B. Chakrabarti Professor of Finance IIM Calcutta The Questions ? How was Dell’s working capital policy a competitive advantage? ? How did Dell fund its 52% growth in 1996? The Questions ? Assuming Dell sales will grow 50% in 1997, how might the company fund this growth internally? How much would working capital need to be reduced and / or profit margin increased? What steps do you recommend the company take? How would your answer to the above question change if Dell also repurchased $500 million of common stock in 1997 and repaid the long-term debt? ? Dell’s Competitive Advantage 1) Conservation of capital due to lower inventory holding Compaq Dell DSI in 95 73 32 Cost of sales of Dell in 95 = $2737 mn. (Ex. 4) Additional inventory at Compaq’s DSI = $2737 * (73-32) / 360 = $312 million Dell’s Competitive Advantage 2) Reduced obsolescence risk and lower inventory cost ? Component cost can reduce by 30% a year as new technology is introduced. ? Inventory as % of COS – Dell (8. We will write a custom essay sample on Sr.Pablo or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 9%) and Compaq (20. 3%) ? Inventory loss due to 30% reduction in price – Dell (2. 7%) and Compaq (6. 1% of COS) ? Comparative increase in profit in Dell in 96 = $2. billion *(6. 1%-2. 7%) = $93 million Dell’s Competitive Advantage 3) Quicker adoption of new technology ? Dell’s low inventory levels resulted in fewer obsolete components as technology changed. ? While Compaq had to market both new and older systems due to high levels of inventory, Dell could offer new and faster systems quickly due to low inventory and build-to-order models. Funding 52% Growth in 1996 Facts to consider ? 95- Total assets = 46% of sales ? 95- ST investments = 14% of sales ? 95- Operating assets = 32% of sales ? 95- Net profit = 4. 3% of sales ? 6- Dell would require 32% of increased sales in operating assets i. e. $(5296-3475)*32% = $582 million. Funding 52% Growth in 1996 Facts to consider ? 96- All assets excepting ST investments will grow at 52% over 95 figures ? 96- Assumed tha t the liabilities will also proportionally increase. ? 96- Need additional $582 million assets Funding 52% Growth in 1996 Facts to consider ? 96- Sources of funds: Increase in liabilities = $494 million Operational profit = $5296*4. 3% = $ 227 million ST investments = $484 million ? Enough available money for internal funding How Dell Funded 1996 Growth? Facts ? Higher asset efficiency Reduced cash, receivables, inventory and other current assets Needed addl. $447 million of operating assets How Dell Funded 1996 Growth? Facts ? Sources of funds Increase in current liabilities = $187 million Net Profit = $272 million How Dell Performed in 1996? ? Dell introduced Pentium technology. ? Unit sales grew by 48%. ? Average unit revenue grew by 3%. ? Gross margin declined by 1% due to aggressive pricing strategies and account mix shift. ? Net margin improved from 4. 3% to 5. 1% ? Common stock was issued to Funding 50% Growth in 1997 Facts to consider ? 96- Operating assets = 30% of sales ? 96- Net profit = 5. 1% of sales ? 97- Dell would require 30% of increased sales in operating assets i. e. $(2336-1557) = $779 million. Funding 50% Growth in 1997 Facts to consider ? 97- Increase in liabilities = $588 million ? 97- Net profit = 5. 1% of $5296*1. 5 = $405 million ? ST investments = $591 million av. ? So, internally growth can be funded. 97 with Repayment of LT Debt and Repurchase of $500 mn. Of Equity ? Funds needed = $984 million ? Sources of Funds: 1% increase in margin = $79 million ST investments = $591 million av. Also, negative cash conversion cycle can do ( 97- Avg. daily sales = 96 sales*1. 5/360 = $22. 1 mn. and Avg. daily COS = 79. 8% of sales as in 96 = $17. 6 mn. i. e. 44 days of sales or 65 days of COS. 96- CCC = 40 days) 97- Actual Cash Conversion Cycle QTR. 4 1996 Qtr. 4 1997 DSI DSO DPO CCC 31 42 33 40 13 37 54 -4 Diff. -18 -5 +21 -44 CCC = DSI + DSO -DPO Savings from WC Improvements Annual sa vings from: Reduced inventory = 18*17. 6 = $317 mn. Reduced Receivables = 5*22. 1=$110 mn. Increased Payables =21* 17. 6=$ 370 mn. Total savings = $797 mn. Actual 1997 ? Sales grew by 47%. CCC became – 44. ? Profit margin increased to 6. 6% from 5. 1%. ? Component prices decreased. Advantage over competitors. ? Dell applied JIT philosophy. Actual 1997 ? Operating assets increased by $199 million only. ? Total liabilities increased by $733 million even after repayment of LT debt. ? Dell obtained $279 million from put options. ? About $500 million equity repurchased. ? ST investments increased by $646 Actual 1997 Dell funded 1997 growth internally, repaid long-term debt and repurchased about $500 million in equity through a combination of working capital and margin improvements.