Financial Statement Analysis Research Paper Example | Topics and Well Written Essays - 3500 words

Financial Statement Analysis - Research Paper Example Being a government financed company, it was able to compete very strongly with du, since the telecom company used infrastructure which had been installed for a more than a decade .DU, however, under a powerful management has been able to overcome its competitor such that by the year 2011 du no longer felt the effect of the competitor due to its overwhelming growth. By the year 2011 the company was able to control more than 46% of the mobile industry. The following paper examines changes in the company performance through a financial analysis. The paper will analyze by a trend analysis from the year 2010 to the year 2011.From the analysis there are some major findings that have been gathered such as the company was able to increase its revenue by 25%- one of the largest growth in the MENA region. There was also very high market share of more than 46% by year 2011 (du, 2012). The liquidity and solvency ratios had gone up from the year 2010 to 2011; this showed that the companiesâ€℠¢ potential to pay short term debts had increased hence was able to run the business more smoothly. Other important findings shows an increase in companies net profit margin, gearing ratios and furthermore the company had been ranked the best in the social corporate responsibility, which is an evidence of companies improved performance. The following research is therefore very crucial to all investor who are willing to invest in profitable business. It is also beneficial to the company in order to understand areas of weakness, which need much attention in the coming years. Detailed information is based on the financial analysis covered in the paper. Introduction Emirates integrated telecommunication is a company in the telecommunication industry, which was formed and undertakes its operation in Dubai. The company, through its exclusive performance, became listed in the Dubai financial markets and was therefore authorized to trade under the name DU. The Company has become popular due to provision of the best product and services in the mobile industry such as the blackberry service and the low off peak rates for the international calls. The following report is intended to analyze the major aspects which has made du company grow in such a high rate, it will be based on the strength of the company and also the financial statement will be analyzed in order to predict the future performance of the business. The analysis can therefore be helpful to potential investors since all the important aspects will be covered. To date du company has shown a continuous growth and increase in value give that by the year 2011 they were able to serve d more than 46% of the UAE mobile market this is in accordance to the Telecommunications Regulatory Authority such performance can only be achieved by companies which have proper management and strategies and this is one of the strength of du company. The paper has been undertaken under several topic which will make it more elaborate and informative and these will include company profile, market position, company ownership, economic environment, financial position, financial analysis with reference to the industrial requirement, SWOT analysis and there after the conclusion. Company profile Emirates integrated Telecommunication Company, which is based in the EUA region was formed in the year 2007. The company was formed with the aim of providing telecommunication services. DU provided internet services and pay TV service on that particular year and in addition went further to provide the nationwide fixed telephone services by July 2007. By the fourth quarter of the year 2011 the company had acquired a total of 5.2 million mobile customers. The company is known for being the first introducers of the â€Å"

Skill Plan - Management Skills Assignment Example | Topics and Well Written Essays - 1000 words

Skill Plan - Management Skills - Assignment Example Nonetheless, I have understanding that these goals are highly achievable, though not without required level of skills and competencies. Moreover, in order to facilitate achievement of these objectives there is need to develop a plan that can facilitate acquisition of complementary skills. Therefore, this paper will focus on discussing an outline of five-year skills development plan that can assist in fulfillment of my vision for my career or professional life. 2. Skills and Competencies Required to Fulfill this Vision Some of the skills and competencies that are required in order to fulfill this vision are determined through realization and identification of objectives involved Furthermore, I should focus on creasing self-awareness, which will serve as a pertinent element in good management and leadership in the future. In this case, I have to spend significant amount of time in acquiring experience in the field of business and fashion design. Most significant way of acquiring requir ed competence concern developing of substantial foundation of knowledge by understanding of basics from my degree program. Therefore, this competence will facilitate increase of ability to cope with rapidly changing business environment. Conversely, I will consider increased need for integration of business and advanced technology in order to increase efficiency in decision-making. Apparently, I find it necessary to have increased competence in application of technology in order to form a basis of developing competitive advantage in my future business. On the other hand, in order to achieve set objectives, there is need to develop significant understanding of required interpersonal skills (Johnson, 1999). In this case, interpersonal skills will assist in with dealing business associates and employees in order to facilitate successes. In fact, I have understanding that interpersonal skills that I will require as a manager include effective communication, listening, non-verbal skills (Eunson, 2008). Besides, these skills have a significant contribution to management of business in order to facilitate its success. I will also seek to develop other interpersonal skills that will enable formation and management of teams and groups that can facilitate effective implementation of business strategies (Honey, 2001). Moreover, some of the other relevant skills that will require for succeed include; time management, setting of objectives, decision-making, conflict management and effective negotiating (Thompson, 2001). For instance, after acquiring these interpersonal skills, I will have ability to resolve conflicts that would occur within the organization or with other business partners (Bolton, 1998). In addition, negotiation skills can also assist sealing significant deal with business associated that will improve performance of my business (Thompson, 2001). 3. Evaluation of Proficiency in these other skills and competences at the present time, and summary of progress made on your nominated skill this semester My interpersonal skills and individual’s awareness are the starting points required for management and leadership in a team. In order to realize the effort made towards achievement of set objectives, there is need for an evaluation of proficiency concerning the skills and competencies now, thereby giving summary of progress. Now, I have realized the significance of ensuring that I am up to date with relevant information regarding my field of study. I have been