Human Resource Management Essay Example | Topics and Well Written Essays - 2000 words - 10

Human Resource Management - Essay Example Similarly the work life balance in the organizations will also be affected in the future such that the employee’s attitudes towards work and also leisure could also change. On the other hand there would also be more flexible obligations in balancing the demands of the employees in the organizations. Another sociological aspect that would affect the organizations in the near future is in the distribution of income whereby the organizations managements will want more people to highly invest in their organizations. On the other hand the consumerisms will also affect the organizations in the sociological aspect such that there will be more competition between the various organizations for more consumers. The market lace will also become more competitive since the levels of education for the consumers will be higher. The consumers will therefore be able to make more informed choices in their consumer choices and behavior. The organizations will also be affected by the sociological factors in such a way that they will invest more in the people who are in their organizations and equip them with adequate skills which will make them more competent in the organizations market place. The technological factors which are likely to affect the organizations in the near future could be classified in terms of the emerging new technology. In the near future the technological innovations will be very high and also very innovative. For instance the organizations will be affected by the new communication models which include the telecommunications and transportation of goods and services from one place to another. Similarly technologically the governments will spend more on research programs so as to ensure that the consumers are provided with the best quality of goods and services. The governments will also tend to focus more on the technological effort. The

Financial Management Essay Example | Topics and Well Written Essays - 500 words - 7

Financial Management - Essay Example If the current ratio is below 1, the company is said to be unable to meet its liabilities. In the M. D. Ryngaert & Co, the profitability may have contributed to the increase in the current ration and making the turnover ratio to remain constant. The profits got from the daily operations in the company are used to expand the operations thereby leading to the changes in the current ratio. This includes the gross and the net profit after the daily expenses are deducted from the revenues got. The gross profit is used to determine the margins the company is getting. In the same way, it can be a measure of the efficiency of the company in carrying out its operations (Milkovinch, 2010). On the other hand the net profitability depends on the daily expenses in the company. The higher the expenses the lower the net profit and this will affect the company’s running. This may result to the company selling some of its current assets in order to meet the liabilities. Many scholars have advanced in the analyzing on the reasons that would lead to an increase in the current ratio while the turnover ratio remains constant. The major explanation given to this would be the improved liquidity in the company. According to Thomas (2003), liquidity is the capital already available in a firm. In a deeper explanation, a company’s liquidity is the amount of cash or capita which is available for use or spending. In the M.D Ryngaert & Co. the rise in the current ratio while the turnover ratio remains constant can be attributed to several reasons. The company may have seen an improvement in the liquidity due to some reasons. In the M. D. Ryngaert & Co, the external cash flow may have been directed to acquiring new products or the getting more employees. All this may have contributed to the rising of the increased current ratio while the turnover ratio remained constant. In cases where the current ratio of a company falls below 1, the company is unable to meet its