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You will use the public corporation that you selected and posted in the Week 1 discussion 2 and Part 1 of the Research Project that you submitted in Week 2. Your revised (based on feedback from your professor) Abstract will now include in your Week 2 submission of Part 1 and add sentences briefly summarizing the content that you have added this week. (Corporation selected is Addidas) I attached Part 1 assignment
Page one of the body of the paper will have an introductory paragraph that briefly summarizes the content of your report in the exact order that it appears in your report. The introductory paragraph is like a table of contents in sentences.
How can the industry averages related to your selected corporation assist in the interpretation of current performance and costs management techniques? What ethical concerns and potential impacts on managerial professionals are there when their organization’s ratios are compared to industry averages?
You will now add the common-sized Income Statements and Balance Sheets . Discuss the trends that you see as compared to Industry Averages (i.e., started in Week 1 class discussion (see below)) for your corporation. You are reporting your horizontal and vertical analysis of income statements and balance sheets.
Have headings and sub-headings in your report.
The last three headings must be Conclusions, Recommendations, and then Summary. At least one paragraph must appear under each heading. The last page is your reference list. Every item in the reference list must be actually cited in your writing. Every item cited in your writing must appear as a reference list item.
Week one discussion
I selected Addidas. Adidas is a multinational sportswear company that manufactures clothing, shoes, and accessories. The company operates in the textile industry and footwear. The company’s annual report for 2021 provides important ethical information regarding Adidas. The company’s vision or purpose is through sports. Adidas believes it has the power to change lives. Adidas will always strive to expand human possibilities and to unite and include people in sports creating a more sustainable world (Yukl et al., 2013). Adidas’ mission is to be the best sports brand in the world. The company’s attitude is to make a future possibility as a team of all stakeholders. Impossible is nothing is the tagline for the company’s attitude. The culture of Adidas is authentic, innovative, built on trust, inclusive, and optimistic.
My perception of Adidas’ ethical climate is that it upholds integrity and teamwork, creating a sustainable impact in the world as it expands for more profits. The interests of others and the public are put forward before everything. The company has a positive environmental, social, and economic atmosphere for prosperity.
Adidas’ ethical standards are consistent with the AICPA code of ethics and professional conduct. For instance, the principle of integrity that states that professionals should uphold a high sense of integrity to maintain public confidence is upheld by Adidas in its culture of trust and authenticity (Mintz, 2014). Also, the public interest principle has been upheld by Adidas since it is striving to unite all people to a more sustainable world through efficient supply chains and environmental conservation. Finally, Adidas proves due care in dealing with its stakeholders by striving to change lives, beating all impossibilities with inclusivity and optimism.
Mintz, S. M. (2014). Revised AICPA Code of Professional Conduct. The CPA Journal, 84(12), 62.
Yukl, G., Mahsud, R., Hassan, S., & Prussia, G. E. (2013). An improved measure of ethical leadership. Journal of leadership & organizational studies, 20(1), 38-48.