We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

An Investigation of the impact of change on Sotheby's - Research Paper Example

Comments (0)
Summary
IMPACTS OF CHANGES TO SOTHEBY’S COMPANY By Code+ University Name Table of Contents Introduction and Background………………………………………………………………
Download full paper
GRAB THE BEST PAPER
An Investigation of the impact of change on Sothebys
Read TextPreview

Extract of sample
An Investigation of the impact of change on Sotheby's

Download file to see previous pages... 5 Changes in Auctioneering Process…………………………………………………….…. 6 Impact of Technological Changes to Sotheby’s Company ……………………………… 7 Impact of Technological Changes on Buyers and Sellers………………………………… 8 Financial Policy Changes……………………………………………………………….… 8 Conclusion………………………………………………………………………………… 9 Recommendations………………………………………………………………………... 10 Bibliography…………………………………………………………………………….... 12 Impacts of Changes to Sotheby’s Company Introduction and Background Sotheby’s is a multinational corporation that has its origin in Britain, but is currently headquartered in New York. It is one of the world’s largest brokers of decorative and fine arts real estate, jewelry, and collectibles (Innovation, Theories of Art, and Sotheby’s Company 2011, 63). The company divides its operations into three segments. These include finance, Dealer and auction. Among other products and services, the company deals in a range of services including Private Sales to Corporate Art Services. Traditional operations of Sotheby’s Company make it the fourth oldest auctioneering company in continuous operation in over 40 countries and with 90 locations worldwide (Gus 2012, 44). By December 2011, the company boasted of 1446 employees worldwide. Sotheby’s is arguably the world’s largest art enterprise with global sales that totaled up to $5.8 billion in 2011 (Gus 2012, 44). Relative success of the company can be attributed to its efficient mode of operation that it established right from its inception in 1744 in London. The company has maintained a culture of management that looked at the business in three distinct dimensions. The company viewed and treated the business as having the categories of finance, auctions and finance. Sotheby’s is a master at managing timing during biding struggles among wealthy buyers. This is a unique piece of art the company has learnt to perfect and preserve over the years. Auctioneering capabilities of the company has made it become a marketing timer as well. In November 2013, the company’s shares were trading just below the highest level hit in two years. The company announced reviewing its finances and capital allocations in a bid to determine the best options it has of returning capital to shareholders. Terms of reference This report focuses on intricate analysis of the procedures the company uses to acquire and sell the products it involves in. Additionally, the research places emphases on financial changes that the company has developed and how it is expected to change the future of the company. Other than considering the changes that have taken place from the earliest years of the company, the research puts into account dynamics in the design of the business to the latest plans the company has. It is aimed at providing academic reference to academicians and general audiences who have the interest in knowing the development of Sotheby’s as it embraces changes over the decades of its existence. It was compiled and presented on 15, November 2013. Procedure In order to determine the effects of change on the operations of Sotheby’s Company, the research took an analytic assessment of publications concerning the ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Impact of climate change on timber engineering structures
Climate change presents a unique set of challenges and opportunities in the face of global warming and climate change. On the one hand, existing timber constructed structures are under increasing stress due to climate change while on the other hand a number of opportunities are offered by timber structures to slow down global warming.
8 Pages(2000 words)Research Paper
The Impact of Climate Change on the Oceans Coral Bleaching Rates
These animals do not live alone, but have living symbiotic algae in their bodies, which are called zooxanthellae. Zooxanthellae are relatives of phytoplanktons, which are also photosynthetic in nature, however the former live inside the bodies of coral polyps, giving these animals their pigmentation.
8 Pages(2000 words)Research Paper
Arson Investigation
An arson scene is not confirmed as an actual crime scene until days, hours or even weeks after the fire has been suppressed. The criminal fire scene would thus comprise various by-products of the combustion process that compromise the scene of criminal fire (Ross, 2009).
3 Pages(750 words)Research Paper
Mozart influence on Freemasonry and in the Impact on Social Change
This serves as the goal of this paper to research on how Mozart and his freemasonry beliefs and values affected and have affected society, as we know it. Mozart changed the society in that he strived hard to
12 Pages(3000 words)Research Paper
Social Change Impact
ght movement is referred to the movement conducted by women throughout the world to attain their rights that are equal to the rights entitled to the male gender of the society. All these movements started because the society was not accepting the rights of certain groups such as
1 Pages(250 words)Assignment
The Impact of Sea Level Rise Due to Climate Change
Many scientists have been interested in discovering how climate change relates to sea level. It has been established that climate change is responsible for the increase in sea volume. Basically, there are two ways in which climate change triggers an increase in sea volume.
5 Pages(1250 words)Research Paper
The impact of oil price change on USs economy
The International Monetary Fund changed its forecast of the GDP growth in U.S in 2011 from 3.0% to 2.8% as a result of the persistently high prices of oil. The increase of oil prices 2011 would lead to a 2% growth in 2011
8 Pages(2000 words)Research Paper
Research Paper-Impact of climate change on ocean life
Its effects are felt globally and one of the major effects is the changing weather patterns. Apart from affecting weather patterns and agriculture, it also affects ocean life. “Climate change is global in scope, but ecological impacts are often
8 Pages(2000 words)Research Paper
Criminal Investigation
The author states that in the best interest of justice and natural fairness, it would be wrong to convict a person based on confessions which are not true. So he explores ways and means through which we could prevent the happenings of false confessions due to coercion or the urge by the party which has not conducted proper investigation.
7 Pages(1750 words)Research Paper
Climate Change Impact on Agriculture

This research will begin with the statement that climate change is not a recent event. This phenomenon has occurred in previous generations, such as the Palaeocene-Eocene Thermal Maximum. This extraordinary event took place 55 million years ago, and it changed the earth’s surface as a result of a significant influx of CO2 in the atmosphere.

6 Pages(1500 words)Research Paper
Let us find you another Research Paper on topic An Investigation of the impact of change on Sotheby's for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us