The Case of the Drinking Age Essay - 544 Words

The Case of the Drinking Age Do you think young ones should drink alcohol? Mostly the percentage the people drinking in America. Can we stop young people from drinking? Yes, because it’s illegal for young age to drink. This topic isn’t everyone agreed of. The enactment of the National Minimum Drinking Age Act of 1984 prompted states to raise their legal age. Purchase or public possession of alcohol to 21 or risk losing millions in federal highway funds (GPO Access). We should stay the high age to drink because it lower MLDA 21 not responsible on medical, reduce the number of underage, and lower the program age of 21 to 18 cause irresponsibility to let in great more crimes. Most people agree lowing the MLDA 21 would be medically†¦show more content†¦This informations tell In 2002 meta-study of the legal drinking age and social problem, 72% of study founded no evidence in drinking age 18 get killed or suicide. This fact says that there is no evidence in drinkin g alcohol in age 18 (Wagenaar). However they were wrong because Lower MLDA 21 to 18 will irresponsibility allow a greater sergeant of population to drink alcohol into crimes. In this information say that neighbors with higher densities of bars, nightclubs, and other alcohol that sell location suffer more refrigerant assent and other violence crimes. This fact was from cities, county, and States selling alcohol all over the world making crimes such wars, fights, and murder victim who gotten refuse of alcohol (O’Donnell). In conclusion, in telling that buying alcohol is dangerous, stay out of the problem and get in the solution against alcohol. In Conclude, the reason why stay the age high because lower MLDA 21 isn’t medical responsible, reduce numbers of underage, and lower 21 to 18 will cause irresponsible sergeant to population of crimes. It’s important for everyone prevent any cost of drinking alcohol or their risk decision, and for students to make their lives better than alcohol itself. In Conclusion, if you accept this idea it can make America a better place, student would graduate easier, and people make less accident around the country. People will thank us for make it safe for people and other reasons. The World will know that theShow MoreRelatedThe Case Of Legal Drinking Age1276 Words   |  6 Pageswas invited to the professor’s house along with another former student to eat dinner with him and his wife. While we were eating the meal, the professor gave me and the other student a glass of wine to go with dinner. Even though I was of legal drinking age and was no longer a student of the prof essor’s, it felt strange to have a professor provide me alcohol. Also, I felt uncomfortable being in the professor’s home since it was the first time I had socialized with a professor outside of a schoolRead MoreArgument Essay Changing Drinking Age to 18816 Words   |  4 Pagesthey buy or consume alcohol? The alcoholic drinking age should be lowered to age eighteen because at that age you are responsible, mature, and it will help send the right message. Society states that eighteen year olds can not handle alcohol because they make a lot of mistakes so therefore they are â€Å"irisponsible â€Å". If you start to drink at age eighteen or twenty one your tolerance is still going to be the same. So in that case it does not matter what age you start to drink because you do not knowRead More Lowering the Drinking Age Appears to be Best Solution Essay1627 Words   |  7 PagesLowering the Drinking Age Appears to be Best Solution Despite offering many solutions to the ongoing problem of underage drinking, there seems to be no chance for a law to pass that will lower the drinking age. Pete Coors of Coors Brewing Co. ran for senator in the Colorado election and campaigned that he was not pushing to lower the drinking age, however many of his quotes are not consistent with this point of view. No matter what the ultimate decision is for the drinking age, fake IDs and parentsRead MoreThe Legal Drinking Age Should Not Reflect Today s Societal Values And That The Legislations Liquor Act 20071285 Words   |  6 Pagesthe laws related to the legal drinking age does not reflect today’s societal values and that the legislations ‘Liquor Act 2007 No 90 (NSW) Part 7 Division 1 Sections 117 116’ should be reformed to raise the drinking age in Australia from 18 years of age to 21. Through surveying different age groups and socio-economic backgrounds of society, information has been gathered to demonstr ate that the current laws do not reflect society’s opinion on the legal drinking age in Australia. Research suggestsRead MoreLowering the Legal Drinking Age to 18 Essay748 Words   |  3 PagesLowering the Legal Drinking Age to 18 Sarah, an eighteen-year-old college freshman, walks into a convenience store and moves timidly to the back, hoping that no one she knows will see her. Opening the refrigerator door, she pulls out a chilled case of Coors Light. Sarah nervously approaches the cashier, with her fake ID ready to be shown, and places the case of beer on the counter. Upon first sight, the cashier assumes that Sarah is not of legal age to buy beer, because she is petite and looksRead MoreLowering the Drinking Age from 21 Would be Irresponsible Essay577 Words   |  3 PagesLowering the drinking age from 21 would be irresponsible. People argue that lowering the drinking age is not smart because most youths still have not yet reached a mature age to handle alcohol. Teens that include themselves in an unsafe environment are likely to endure in self-harm and encounter in binge drinking. The Alcohol Policy Information System says, â€Å"Annually, about 5,000 youth under the age of 21 die in incidents due to underage drinking† (â€Å"Drinking†). I believe the drinking age should notRead MoreShould The Drinking Age Be Lowered?853 Words   |  4 Pagesactivities around their friends to feel like they are a part of the team. Many people often wonder if the court of law stepped in and changed the age of drinking would this help the case of underage drinking. This proposed law would lower the drinking age to make the teenagers less rebellious and allow them to feel more like adults. If the drinking age were to be lowered then teenagers would feel as if they didn’t have to drink every day because they wouldn’t have to wonder when this opportunityRead MoreEssay about The Benefits of Lowering the Drinking Age to 18726 Words   |  3 Pagesalcohol (The National Institutes of Health) (NIH). At the age of 18 usually separate teenagers from adults. But one cannot just legally buy a drink in America until the age of 21. In the time being, many states are now sendin g teenagers into the adult criminal justice system, even for crimes that were nonviolent. The social order age-specific methods often simmer down to limiting the freedom of the early and increasing their sentences. The drinking age has long been a tug-of-war. Is a 19-year-old developedRead MoreThe Legal Drinking Age For The United States Government Essay1196 Words   |  5 PagesStates government. However, one specific topic that needs to be addressed is the legal drinking age. As of now, the legal drinking age in America is 21. To some residents, this law is considerably reasonable. To others, having the drinking age of 21 seems unnecessary for multiple reasons. Most people would agree that having the current drinking age allows for more responsible teens and young adults. Yet in most cases, this is extremely false. Although those younger than 21 are not legally allowed toRead MoreThe Minimum Legal Drinking Age1594 Words   |  7 PagesThe Drinking Age is Safer than You Thought As Americans, we are always wondering what we can do to save lives. We suspect cancer, disease, suicide, violence, and distracted driving as taking the lives of our fellow Americans. What you may not know, is that we are already saving lives, and we have been since 1984 because of one simple law. The Uniform Drinking Age Act of 1984 moved the minimum legal drinking age from 18 to 21. Lowering the drinking age is a step backward for our safety and our

Societal Dispossession Of Humanity By Aldous Huxley

Bailee Whitley Ms. Schoch AP Lang./ 5th Period 12 August 2016 Societal Dispossession of Humanity Everyone wants everyone to be happy. It is the general mindset philosophy of society today to wish no ill-will or troubles toward anyone, including themselves. Many dream of a world in which everyone gets along, where there are no wars or famine or sorrow. What happens if those dreams become a reality, though? What does a world in which there is no ill-will or conflict look like? Thankfully, Aldous Huxley has crafted a world in which all of these dreams are a reality. Not so thankfully, this sought-after world is not as wondrous and illustrious as it may seem. A world in which citizens are given drugs handily and sexual encounters are arranged in earshot of any who so desires to is a world without substance and deeper meaning. The truth of the matter is that when people depend on drugs to keep them happy, as well as enough attractions and bountiful food to keep everyone entertained and sated, humans as a species lose what makes them so special: growth and development in the face of conflict. Without hunger, suffering, and hate or emotion in general, then we lose meaning not only as a people but as a species. In a time of abundance and excessive consumerism, deep and philosophical thinking begin to be considered unnecessary; faith and religion therefore become irrelevant. While initially appearing as a utopia of sorts, a society in which excessive consumerism over

Operation management tma worksheet Free Essays

Second, Hazelwood has made investments in plant; they build a manufacture in London with 1 million productions of sandwiches per week but when they invest more by building Manton Wood they produce more by 3 million sandwiches. Also with new powerful machines, they could reduce the human resources costs because fewer tasks need to be done . Also the stock levels will be reduced so that this will be successful for the company. We will write a custom essay sample on Operation management tma worksheet or any similar topic only for you Order Now Third reasons lead Hazelwood Sandwiches to make investments in the product that customers are looking for quality, different types of Sandwich to compare it when they are abroad, So Hazelwood try to provide a high quality, healthy and delicious sandwiches in order to meet the customer demand. In addition providing different types of sandwiches to satisfy all types of tastes and modify old items or create new ones. Over all, there are many other reasons that lead Hazelwood to made capital investment . ln fact they are trying to gain competitive advantage to maximize the wealth of owners. They use different techniques to evaluate the investment opportunities, and then choose the best project. Moreover, Hazelwood maintain a brand name because of its sandwiches, Actually every company should investment in people, product and plant. Question 2 Hazelwood’s investment decision techniques Investment decisions are important for the growth of the business because an investment includes financial resources for purchasing assets such building or equipment’s which will bring economic benefit for the company. Those decisions are difficult and expensive to refuse once it has been ventured. Actually Hazelwood’s uses various capital investment appraisal techniques to measure which project is more profitable. First method is Payback period which is the length of time that the investment takes to pay back the net cash inflows form the project. Projects will be selected according to the period the business sets and the shorter ones are preferred. The advantages of this method that it’s easy and quick to calculate or understood by users, avoiding risks and its good for the startup business to calculate the time needed to prepay the original investment. The disadvantages are that it onsiders about the time not the value of money, the relevant information such as the cash flows beyond the payback period are ignored and it doesn’t consider maximizing the wealth of owners because it looks for the short project periods while longer beneficial project might be ignored. The second is Net Present Value includes all the money of an investment; It calculates the benefits from the investment against all the costs of this investment with allowance for the timing of them. The rule is to choose the project with the higher value and the positive ones not the negative ones. For its advantages, it considers about the objects of the business, maximizing the profits, it takes all the relevant cash flows in account and the timing of cash flow. For the disadvantages, there are some risks for example a machine doesn’t works, or that interests may lost in investment, also the problems of inflation which consider the loss in the purchasing power of money. The third is the Accounting Rate of Return which calculates the average operating profits over the average investment to earn those profits in the form of percentage. It’s about achieving the target with higher ARR projects. The advantages that it represents a percentage and it consider the performance before it has performed. The disadvantages about using the accounting profits to measure the performance over the life of product, also different sizes of investments competing and using of average investment cause problems. Over all, those are the three investment decision techniques that Hazelwood uses in evaluation the investment opportunities. Each method ranks projects according to some compared features. With those techniques the most profitable project will be chosen. Question 3 Invest in people Investing in workforces is the lifeblood for any business, actually it’s important to make investments in human resources because they are the main role of the business and attects it pertormance. Also well trained and experienced employees give advantage for the company because they are the workforce that a control the process in which the business operates. So the company should ensure that their employees are well trained, motivated and loyalty to their Jobs. Additionally maintain the satisfaction of the employee will raise the employee performance and focus to achieve the business objectives. Also this will improves their skills in doing the tasks. On one hand, Hazelwood provides flexible working environment: include the induction program which introduced the new employee to the organization and to its role, also programs that make the new employees feel they are a part of the team. Second, Family-friendly HR practices to understand the employee’s circumstances such as the working hours for the mothers to look for their families and offers a paid time off for pregnant women’s. Third, providing training and development opportunities which will enhance the commitment and improve the skills in doing the asks as fast as possible, also opportunities to take National Vocational Qualifications relevant to the food industry. Hazelwood try to provide facilities in the Job environment by providing gyms, hair dressers, shops, restaurants and cleaning services. In addition, the employee’s expectations about the nature of work should be met. On the other hand, Hazelwood plain and monitor the performance of its employees to give them reward packages for their high performance. With those methods Hazelwood achieved to be the employee’s brand that it’s the choice of the employees because they know how to take care of their employees offer them good ay packages. As a result, Hazelwood decreases the labour turnover and reduces the levels of absenteeism also the costs of recruitment. Beside of Hazelwood there are other companies that invest in people in such as the National Bank of Kuwait; they believe that investing in people will benefit them in future. Actually 1800 Kuwaitis has been trained in 2012 and it will always provide training and developments opportunities to encourage their employees. Also ZAIN Company provides programs of training such as ongoing coaching, sending employees outside to complete their high education and induction. Last but not least T;D Team provides training and developments for the employees in order to improved their skills, performance and knowledge. Question 4 Workforce greatest assets For all businesses workforces are the role assets; In fact they are the people who achieve the company objectives. They should be looking after them starting from the managers, suppliers, employers, employee and all of them. Actually investing in people adds value to the organization especially for innovation companies such as Google because they rely on the experience of their human resources rather than nything else. The importance of workforces has different points of view. First the HRM function perspective which considers about managing people and carrying out their activities. It’s responsible for ensuring that the people are in their right places with right skills by recruiting, selecting, developing and monitoring. HR believes that people performance affects the business performance so they provide training and development opportunities to maximize their performance. Also monitor the performance to ensure that they are on the right track and provides them with feedback. Moreover they provide reward systems to encourage them to achieve their targets and make sure that they are satisfied, motivated, appreciated and loyal to their Jobs. Moreover, this will build the organization’s reputation as a social, ethical and responsible organization in order to gain a competitive advantage. Second the accounting function which considers about the financial accepts of the business. To achieve the HR function activities, the business should be able to afford the costs associated with those activities. Here the workforces are important because they guarantee bringing money to the business. But before going a step the business should think of the investment returns and risks. As if sending an employee to take English courses, how much of benefits this will bring in the future benefits. Moreover developing the skills of employees will raise the production levels as they have experience, finish the tasks on time and do it perfectly . So they will be able to develop or create new products or advanced technology. Also maintaining a positive reputation that will help them to raise money in the market and the financial advisors will advise the investors to invest in the business. Additionally, the company will gain a brand name which will decrease the costs of recruitment and advertising. How to cite Operation management tma worksheet, Papers

Business Finance And Quantitative Methods Of Dick Smith Holdings

Question: Discuss about the Business Finance And Quantitative Methods Of Dick Smith Holdings Limited. Answer: Introduction This particular essay attempts to heighten a brief summary of the ownership history of Dick Smith Holdings Limited. It also incorporates the critical evaluation of the valuation of the company when it was acquired by Anchorage Capital Partners and its Initial Public Offer (IPO) amount. The essay also attempts to assess the ethical dilemmas that face Anchorage Capital Partners regarding the floating of the company and the senior executives and directors of Dick Smith Holdings Limited in respect to its financial reports made in the 2014/2015 accounts and reports. Dick Smith Holdings Limited was an Australian wide-chain of retail stores domiciled in Sydney, Australia and was founded by Dick Smith in 1968 (Dick Smith Holdings Limited annual reports, 2015). The company basically sold consumer electronics goods, electronic project kits and hobbyist electronic components for its customers in Australia, New Zealand and other parts of the world. The company expanded effectively into New Zeala nd and unsuccessful in some other nations globally (Anderson, Sweeney, Williams, Camm, and Cochran, 2012). Dick Smith Holdings Limited expanded to be a leading business in Australia that ensured that almost every electronic enthusiastic in the country has one of its catalogs and thus enhanced profits. In the FY2012, Dick Smith Holdings Limited was formerly acquired by Anchorage Capital Partners at an opening cash payment of AU$20 Million and the total ultimate cost of some AU$115 Million. Brief summary of the ownership history of the Dick Smith Holdings Limited Dick Smith Holdings Limited was initiated in 1968 by Dick Smith. The company started as small rented buildings in a car park in the Sydney area of Neutral Bay with the total capital of just AU$610 and focused mostly on servicing and installing car radios (Puncheva, and Michelotti, 2014). Due to the company rapid increase and success in the business sector, the company moved to a bigger premises so as to enhance its business operations in the country. The company profited mostly from CB Radio business, and by the end of ten years, it had branches in all the mainland regions in the country. Dick Smith Holdings Limited was owned by Dick Smith and his wife until they basically sold the majority of shares to Woolworth Limited in 1982 (Clements, 2015). The company expanded its diverse range of products especially in between 1970 and 1980 and basically stocked products such as TV receiving stations and Heathkit electronic kits because of the waning interest rates. The business had expanded to about 20 stores and the initiator together with his wife sold 60% of the business shares to Woolworth Limited and the remaining 40% ownership was completed in 1982. Dick Smith Holdings Limited continued to increase to its setup of small main street stores in the regional and suburbs towns across Australia. The company later established Dick Smith Electronic Powerhouse which was a superstore across the east coast of Australia that carried an extensive range of products in the audiovisual, computing and armature radio areas to enhance its productions. In the FY2008, following Woolworth Limited review of its consumer electronics division, Dick Smith Electronic Powerhouse revamped its flagship store as a notion to Dick Smith Technology branding (Lau, 2016). In 2009, Woolworth Company Limited confirmed the end of the Dick Smith Electronic Powerhouse as progressively phased out over the subsequent three years as part of its division. Dick Smith Electronic Powerhouse ended its operation s in 2016 with several years of Anchorage Capital Partners acquisition. Critical evaluation of the valuation of the company when it was acquired by Anchorage Capital Partners and its Initial Public Offer (IPO) Dick Smith Holdings Limited had been owned by Woolworth Limited since the early 1980s, until early in 2012 when Woolworth Limited announced that the business was underperforming and non-core and instigated a sale process (Schauten, Dijk, and Waal, 2016). After a period of distinctiveness, in November 2012 Anchorage Capital Partner acquired the company for AU$20 Million. Anchorage Capital Partners announced in FY2012 that it had entered into an agreement with Woolworth Company Limited to acquire 100% of Dick Smith Electronics with the entire transaction anticipated to be completed in November 2012. Dick Smith Electronics was an iconic Australian consumer electronics company that became part of Woolworth Company Limited in 1980 (Essayyad, 2012). The deal had been conventionally structured so that Dick Smith Holdings Limited will emerge from the sale supported by a strong statement of financial position with considerable asset backing and no core liabilities. As part of the acquisition, Anchorage Capital Partners would also support the operations by offering additional guarantees and cash investment. As at FY2012, Dick Smith Holdings Limited reported sales worth AU$1.6 Billion. Anchorage Capital Partners paid as much as AU$115 Million for Dick Smith Holdings Limited because it was agreed that an approximately AU$20 Million would be paid up front. As at FY2012, Dick Smith Holdings Limited was basically valued at AU$420 Million (Dias, and Saizarbitoria, 2016). The company was heavily criticized because it was cheaply sold because the company could not make sufficient profits needed by the company. Woolworth Company Limited having struggled to find a fit for the electronics retailer from its acquisition in 1980, the company was keen to offloading the non-core business division for approximately AU$115 Million. Since Anchorage Capital Partners is a privately owned institution, the price details of the newly acquired asset, the company shares are not routinely made pub lic. When Dick Smith Holdings Limited was basically acquired by Anchorage Capital Partners, the company had less value and was basically valued at AU$20, and its Initial Public Offer (IPO) was at AU$2.20 per share. Following the company acquisition, Anchorage Capital Partners restructured its business, and the retailer was mainly listed on the shares market for AU$2.20 for each share raising about AU$345 Million which was more than five times its initial purchase price (Brigham, and Houston, 2012). Anchorage Capital Partners is alleged to have marked down a substantial value of Dick Smith inventories to sell it at a discount so as to report an attractive incomes data. These particular adjustments did not touch the new Dick Smith Company loss and profit reports, and at the lash of the pen, the company had made or avoided about AU$120 Million in future pre-tax profit. The company financial statements as at 2012 indicated that Dick Smith Holdings Limited had stock that cost AU$371 Mill ion but had been written-down to AU$312 Million (Essayyad, 2014). Consecutively, as at June 2013, the company inventory had decreased to AU$171 Million which basically pointed out an apparent sale of the enterprise. In this case, the reduction in the company inventory produced a massive AU$140 Million profits to the company operating cash flows as a result of selling most of the inventory, but there was no restocking. Due to this particular markdown of most of Dick Smith Holdings Limited inventory and other non-current assets, the company valuation had been decreased tremendously that enabled Anchorage Capital Partners to acquire the new corporation quickly (Oakshott, 2012). An assessment of the ethical dilemmas that faces Anchorage Capital Partners in respect of the floating of the business Floating of the business shares in the market is usually the duty of management. Floating of shares often enables the company to raise more capital to fund its diverse activities such as expansion. The management of Anchorage Capital Partners basically faces diverse ethical dilemmas when floating of shares because of the negative critics that they face as a result of Dick Smith Holdings Limited acquisition in 2012. The company management is criticized of decreasing the company value so as to enrich themselves which is considered to be unethical among the company operations (Iyakaremye, 2015). Anchorage Capital Partners are faced with the aspect of trust and confidence from shareholders in respect to floating of its shares because they feel less secured from diverse operations of the company. The company management floated the electronics chains that bear the name of Dick Smith which was considered to lack decency and morality and that the managers were faced with a lawsuit with the a im to refund for the clients that were left holding worthless gift cards. Dick Smith Holdings Limited was initially sold off to Anchorage Capital Partners for about AU$115 Million, and the privately owned firm basically floated the business just after fifteen months later for more than five times its initial costs. This aspect was considered to be unethical because the amount paid for the company was too low. There can be absolutely no doubt that the Anchorage Capital Partners Limited managers knew that the things were not doing the right thing to its customers. Investors lost their life savings invested in the company while the company directors walked away with several million (Gendron, and Smith, 2015). The Anchorage Capital Partners misled the directors of Dick Smith Holdings Limited that led to their acquisition at a little value whereas the company management made diverse profits that floated an enormous amount of shares that was considered to be five times the initial value o f Dick Smith Holdings Limited. An assessment of the ethical dilemmas that faces the senior executives and directors of Dick Smith Holdings Limited with respect to its financial reports made in the 2014/2015 accounts and reports According to the financial reports and accounts for FY2014/15, the management board of Dick Smith Holdings Limited duped the firm shareholder and investors using the name of Dick Smith to hide their dishonesty (Wood, 2011). They fooled the company investors and shareholders that the company was making profits and that the company financial students and reports demonstrated a clear picture of the company financial position and in actual aspects, the company financial statements were deceiving. This action was basically unethical and unprofessional because they also fooled financial professionals and banks to push for the company sale (Essayyad, 2012). Another ethical problem that faces the directors and executive management is that according to the FY2014/15 accounts and reports, there was no indication that Dick Smith Holdings Limited will exit the business. According to the reports, the managers rewarded themselves with huge bonuses and salaries that resulted to the company liquatio n. The company went into receivership five months after the release of the financial statements of 2014/2015 which indicated that the company would continue its operations for a foreseeable future but in real aspect, the company had diverse problems. Due to huge salaries by the directors that resulted in little profits, the company shares were suspended from trading via the ASX. Senior executives and directors of Dick Smith Holdings Limited were blamed for low sales that led to low profits and hence the closure of the business. Anchorage Capital Partners had altered the true and fair value and projections of the company when it registered the company of the Australia Stock Exchange in the FY2013 (Kenney, Cava, and Rodgers, 2016). Basically, it a company cannot be valued at AU$90 Million in FY2012 by Woolworth Limited, AU$500 Million in 2013 and then the company goes into receivership two years later. In this case, the company management deceived the company shareholders and investor s. The senior executives and directors of Dick Smith Holdings Limited knew of inventory problems that led to most of the company stocks written off. The management team basically deceived the shareholders, and they were treated poorly, and they had a right to correct information to make informed decisions on the Australian share market. The senior executives and directors of Dick Smith Holdings Limited did not offer viable information to its investors and shareholders that led to the company closure (Essayyad, 2008). This is because it is believed that the managers had concrete knowledge of what was happening with the company and failed to advise on the shareholders on the possible approaches to save the company from downfall. Conclusion Proper and ethical management of diverse companies globally is usually the core aspect that enhances the company operations. A company that has better management team usually generate sufficient profits for its investors and shareholders because they ensure that there is continuous production. Dick Smith Holdings Limited sold consumer electronics goods, electronic project kits and hobbyist electronic components for its customers in Australia, New Zealand and other parts of the world. The company was officially closed in 2016 because the company management did not disclose all the problems that hindered the operations of the enterprise. The company management fooled the company investors and shareholders that the company was making profits and that the corporation financial students and reports demonstrated a clear picture of the company financial position and in real aspects, the company financial statements were deceiving. Bibliography Anderson, D.R., Sweeney, D.J., Williams, T.A., Camm, J.D. and Cochran, J.J., 2012.Quantitative methods for business. Cengage Learning. Brigham, E.F. and Houston, J.F., 2012.Fundamentals of financial management. Cengage Learning. Clements, J., 2015. Stamp duty consequences of infrastructure and development agreements.Taxation in Australia,49(11), p.688. Dias, A.A.D.S.P. and Saizarbitoria, I.H., 2016. ISO 9001 Performance: A Holistic and Mixed-Method Analysis.Revista de Management Comparat International,17(2), p.136. Dick Smith Holdings Limited annual reports, 2015. Retrieved from https://www.asx.com.au/asxpdf/20150818/pdf/430kvhrl8cpg0l.pdf Essayyad, M., 2012. 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ASA stands up for shareholders.Equity,30(4), p.10. Oakshott, L., 2012.Essential quantitative methods: For business, management and finance. Palgrave Macmillan. Puncheva-Michelotti, P. and Michelotti, M., 2014. The new face of corporate patriotism: does being local matter to stakeholders?.Journal of Business Strategy,35(4), pp.3-10. Schauten, M.B., Van Dijk, D. and van der Waal, J.P., 2013. Corporate governance and the value of excess cash holdings of large European firms.European Financial Management,19(5), pp.991-1016. Wood, D., 2011. MA transactions: What are the issues; what are the opportunities?.Tax Specialist,14(5), p.238.