Multi-national operation and risk management of Renishaw plc Essay

Multi-national operation and risk management of Renishaw plc - Essay Example It also deals in production of healthcare products. Among what it produces are medical devices, surgical robots, and planning software used for stereotactic neurosurgery for products. The company manufactures dental CAD/CAM and stereotactic neurological systems. The company sent its products to all markets in the world (Thomas 2012). This is a company with its base in the UK and has operations throughout the world. Renishaw Plc offers services in 35 key markets, including Australia, Europe, United States, and Japan among others. The UK and Germany are two of its largest markets (Grant 2007). Especially the Western Europe markets, which are the largest source of purchasing power accounting for 28% of the worldwide total in 2012. In addition, the company has more than 60 offices in 32 countries with 94% of its sales realized outside the UK. The reputation as exhibited by the company has made it receive numerous awards among them the fifth Queen’s Awards (Grant 2007). This is a public company listed in the London Stock Exchange with an employee base of over 3,092; it is also a constituent of FTSE 250 Index. However, this number grows progressively at the rate of 11.8% yearly. This is partly because of the business in which the company is engaged in of manufacturing an assortment of test-probe and measurement system that are applied in industrial operations. Its latest sales as at June 2013 were recorded at $ 527.5 Million with a growth of 1.8% from the previous year’s sales figures. Its net income was recorded at $ 105.6 Million with an income growth of 2.8% annually. The firm as well gains its competitive strengths from its competitors, which include - Badger Meter, Inc; Euro Tech Holdings Company Limited; Controlotron Corporation among many others (Aguilar 2004). Financial Ratio Analysis is a technique that is employed when analyzing the financial performance of a

Dry farming the Zinfandel grape varietal Essay Example | Topics and Well Written Essays - 1250 words

Dry farming the Zinfandel grape varietal - Essay Example Before irrigation systems became available and practical, dry farming was standard practice for planting and managing wine grapes in California. Dry farming is still possible and successfully used by some growers, but it is site-specific and dependent on annual rainfall, climate, soil type and grape variety. The economics of dry farming are a key consideration in relation to grape yields and prices. Dry farming wine grapes depend on residual soil moisture to meet the water requirements for grape vine growth and berry development (Chatterton, 196). Even in California’s dry Mediterranean climate, the water retained in soils from winter rains can be sufficient to support grape production throughout the growing season without supplemental irrigation. Dry farming techniques can improve grape and wine quality. Many growers have said that they trade quantity for quality when dry farming. Although dry-farmed vineyards may yield less than irrigated vineyards, the fruit that is produced often has more concentrated flavors and a deeper expression of quality taste. Tablas Creek Vineyard in Paso Robles believes that their dry-farmed berries are essential to the balance and expression of their wines. Dry farming can also have significant positive impacts on the environment and improve the sustainability of vineyards. By not irrigating, dry farmers reduce the water footprint of the vineyard. According to Frank Leeds (2003), studies in Napa Valley shows that he is saving a minimum of 16,000 gallons of water an acre a year by dry farming his vineyards, compared to those that only lightly irrigate. If vineyards can conserve fresh water, not only will they be contributing to water conservation, but also reducing their dependency on a highly demanded resource, particularly in areas of groundwater overdraft (Hargreaves & Mary, 109). Competition over