...Report on Business Decision Making ( Prity) INTRODUCTION Because of the globalization everyone can do business wherever find profitable place or location, for technological development it become easier and accessible to do business one corner from another corner of the world. Although there is lots or benefits for technological advancement, for operating every business in every place there are some problem also. So for effective business organization should plan for their project. For market research, Abacus Research and Analytics (ARA) a research institute, this institute is going to do a research on consumer behaviors and attitudes towards Food Discount in Retailing by Wm Morrison in Greater London for providing the customer better services. This research will help the organization to take correct and concrete decision for the improvement of customer service for customer satisfaction. Amicus company ltd., Royal company ltd., and . Every company has some problem to operate business although these companies located in good places. These companies want to acquire customer satisfaction by improving customer services. So for better improvement in customer services, Abacus Research and Analytics (ARA) is doing a research for taking correct decision. Abacus Research and Analytics (ARA) collect their information from primary and secondary sources which are authentic as well as accurate, and necessary tools which are relevant to this research used to analysis and calculating data...
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...Introduction I am require to obtain a copy of Annual Report and other Financial Information to prepare a report about a selected company. The company I have chosen to base my report on is Morrison supermarket which is a public limited company. Company History The Company was founded by William Morrison in 1899, initially as an egg and butter merchant in Rawson Market, Bradford, England operating under the name of Wm Morrison Limited. His son, Ken Morrison took over the company in 1952, aged 21. In 1958 it opened a small shop in the city centre, followed by its first supermarket "Victoria", in the Girlington district of Bradford in 1961. In 1967 it became a public limited company listed on the London Stock Exchange. In 2004 Morrisons, which operated mainly in the North of England, acquired Safeway, another leading British supermarket chain which owned 479 stores, mainly in Scotland and the South of England. The acquisition quickly ran into difficulties caused in part by the outgoing management of Safeway changing their accounting systems just six weeks before the transaction was completed. The result was a series of profit warnings being issued by Morrisons, poor financial results and a need to revert to manual systems. [pic] [pic] Morrisons store in Consett, County Durham, a former Safeway branch The programme of store conversions from Safeway to...
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...An Ordering System For Prima Continental Bakery. This chapter provides a brief look at the history of the stakeholder, background to the problem and the problem statement. The stakeholder in question is Bradford based Prima Continental Bakery. The company was founded 1952 by John Paciej and has been passed down through the generations, with the current owners being Henry Szepler and a silent partner. The business expanded rapidly distributing its goods to major food retailers in the West Yorkshire region, which included major supermarket chain Wm Morrison. But recently the business has seen a down turn in revenue due to aggressive competition from major supermarkets including Wm Morrison, who ended their relationship with Prima Continental Bakery and started to produce goods in store. Due to the increase in competition Prima Continental Bakery reviewed its business strategy and decided to focus more on its core business which is sandwich shops in the West Yorkshire, with emphasis being placed on producing hand made continental bread and baps. Recent financial data shows the business is making a turnover of around half million pounds, which shows its in a strong financial position to cope with co mpet ition fro m the major supermarkets. Background to the problem statement Prima Continental Bakery currently produces a range of products which can be categorised under the terms confectionary and bread. There is a total of 21 products ...
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...Another sort of scanner tag could be basically incorporated with a pill or other item, as opposed to simply slapped on the bundling. A group of specialists revealed the new innovation this week at the British Science Festival in Bradford, UK. Scientists from the University of Bradford and Sofmat, a hostile to extortion innovation organization, added to a framework to add infinitesimal spaces to the surface of an item. Little sticks are set to diverse statures, every encoding a letter or digit. The pins can either be inserted in the mold an item is produced using or stamped on a short time later. The subsequent code is verging on imperceptible, and excessively modest, making it impossible to feel. Be that as it may, a speedy laser sweep could demonstrate an item’s inception, which the specialists say could track and check items to battle fakes. The yearly worldwide estimation of fake merchandise has been anticipated to be more than $1.5 trillion by the International Chamber of Commerce. Fake hardware are an issue, and fake prescription can be absolute risky, containing the wrong dosage or no dynamic fixing by any means. This is particularly an issue in the creating scene. The World Health Organization evaluates more than 25 percent of the drug expended in poorer nations is fake or substandard. Existing apparatuses to battle this incorporate a check framework wherein a patient can filter the bundling of their solution and content an exceptional code to guarantee their pharmaceutical...
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...Name | What do they represent? | What does J.B Priestley want us to learn? | | He represents the greed of the wealthy.He also represents the arrogance and detachment of the upper class.He also represents the stubbornness of the upper class, and their unwillingness to change. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | She represents the ignorance of the upper class.She also represents the refusal of the upper class to accept blame for their actions. | | | | | | | | | | | | | | | | | | She represents the younger generation and the changing attitudes of women.She represents the younger generation’s willingness to accept responsibility.She represents an honest example of the flaws on human beings. She accepts her imperfects and knows she needs to change. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | He represents the younger generation and their willingness to accept blame.He represents some of the issues that arise from having too much money and too little sense.He represents the differences and problems that arise between the older and younger generation. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | He represents the younger generation who still aspire to be like the older generation.He represents those who can be corrupted by money...
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...2014 The briefing paper for Wm Morrison Jie Fan 2014 The briefing paper for Wm Morrison Jie Fan Introduction of the supermarket Wm Morrison Wm Morrisons was founded by William Morrison in 1899, is the fourth largest supermarkets chain located in the United Kingdom. There are four cost-advantage strategies within the operation of the Morrisons (Wm Morrison Supermarkets PLC. 2013). Firstly, Morrison manages to operate all of commerce ‘in-house’. In addition, it has its own fresh food factory and operates its own meat processing facilities. Moreover, it has its own transport fleet. Morrison has set up a successful supply chain, which is expected to reduce logistics and warehousing costs. In addition, Morrison also offers good training to its employees to reduce waste. The low price strategy is in good accordance with customer needs, which is beneficial in providing good management structure with reduced cost. Analysis of the industry and competition statement In order to make the most advantage out of the limited financial resources and manpower, a cost-efficient operational management is very necessary. The operational management is concerned with operating and controlling a system which takes inputs of various resources and produces outputs of goods and service (Guardian (UK), 2011). In terms of operation, Morrison is managing its own food factory and also building long-term partnership with suppliers. It is providing both branded and own branded products...
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...We Shall Remain: After the Mayflower The Europeans came to the New World because because they wanted religious freedom, they felt the land was theirs for the taking, and they felt like religion justified their expansion. The Europeans came to the New World to have religious freedom. England didn’t except the settlers beliefs in religion so they were kicked out. They felt the land was for grabs because they it was in God’s name. They felt like God was on their side. To conclude, the Europeans came to the New World because they had they wanted religious freedom, they felt like the land was for grabs and they felt like religion backed up their expansion. The second generation and the first generations had differences that affected the relationship between the Natives and the settlers. With the first generation of settlers came a struggle which the Native Americans helped them survive and they signed the treaty. By the second generation the settlers no longer needed the Natives help and they knew that, so they no longer needed the treaty and by the time Massasoit dies they settlers defile the treaty. There are some major differences between Edward Winslow and his son Josiah, Edward was a good man who kept his word but Josiah was looking for war with the Natives because he felt like they were savages. And with Massasoit and his son Philip came one difference which was Philip showed off his wealth. To wrap this up, the second generation and the first generations had...
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...Tebow Time It has only been seven weeks since the start of Tebow Time, which is the time since Tim Tebow took over as full time starter for the Denver Broncos. In those eight weeks of Tebow Time, he has led the previously 1-4 Denver Broncos from the cellar of the AFC West to the top of the conference with an 8-5 record. Nothing about Tebow’s time in the NFL has been expected and most can hardly explain what it is he is doing and has done to turn the Denver Broncos season around. There is only one thing that one can conclude from Tebow’s short playing career in the NFL, and that is that he is a winner. It is all he has ever done, through college and even now in the pros. Tim Tebow is not suppose to be where he is at now. He was drafted too high, and he was never supposed to lead an NFL team to a winning record in only his second season. The experts said that he couldn’t even be an NFL quarterback. They said he was the third best quarterback on Denver’s roster at the beginning of the season. Tim Tebow doesn’t care what the experts say, and is proving them wrong every week he starts under center for the Denver Broncos. A sub-par quarterback winning games is not the only reason Tebow has been getting all of the hype. Tebow is a devout Christian and takes every opportunity to share his Christian values. Some are offended by this, and others think that it just adds to the legend in the making that is Timothy Richard Tebow. Tebow is not a loser, he just doesn’t do it. In college...
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... Sean Michael Maurice Taylor (April 1, 1983 – November 27, 2007) was an American football player who was a free safety for the Washington Redskins of the National Football League (NFL) for four seasons. He played college football for the University of Miami, was a member of the Hurricanes' 2001 BCS National Championship team, and earned unanimous All-American honors. The Washington Redskins chose Taylor with the fifth overall pick of the 2004 NFL Draft. Due to his ferocious hits, several of his Redskins teammates nicknamed him "Meast," a portmanteau word from the expression "half man, half beast. Taylor played high school football in Pinecrest, a suburb of Miami. He originally began his high school football career at Miami Killian High School, a Class 2A public school, but transferred to Gulliver Preparatory School, a Class prep school, where he was a three-sport star in football, track and basketball. He played both offense and defense. Despite missing the first game of the season (the team's only loss), he helped Gulliver win the Florida Class 2A State Championship in 2000 with a 14–1 record. Taylor was a star on both sides of the ball during that season, playing running back, defensive back and linebacker. He rushed for 1,400 yards and a state-record 44 touchdowns and on two separate occasions, rushed for more than 200 yards during Gulliver’s state playoff run. He also compiled more than 100 tackles during the season and scored three touchdowns (two receiving, one rushing)...
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...European Equity Research UK – Food & Drugs Retailers Madrid, October 6, 2010 TESCO Better International Should Help Re-rating RECOMMENDATION UPGRADED TO BUY FROM HOLD TARGET PRICE RAISED TO GBP490 FROM GBP450 BUY CURRENT PRICE: GBP430 TARGET PRICE: GBP490 Jaime Vázquez (+34) 91 289 5436 javazquez@gruposantander.com Borja Olcese (34) 91 289 1853 fdolcese@gruposantander.com We upgrade Tesco from Hold to Buy and raise our Dec-11 TP from GBp450 to GBp490. The two key highlights from the 1H11 results are the better than expected international LFLs in 2Q and the increased confidence in the US. Management provided more detail than usual at the presentation, which we believe denotes confidence. International LFL: 4.1% in 2Q after 0% in 1Q. We believe LFL is the key driver of CROI and not scale via openings. With better LFLs, the ‘maturing effect’ looks more credible to us. In the four most mature countries, the CROI of the mature assets (>4 years) is 220bp higher than the CROI of all assets. US to break even in 2012E/13E: the improvement in LFLs and other underlying metrics show that the key components of a profitable model are coming together. The worsening of overall losses in 1H from US$132mn to US$143mn is explained by the adverse leverage from new space and the acquisition of two supplier factories (US$10-15mn loss). This is a highly operationally geared business and improving LFLs is therefore key. UK: we agree with management that LFLs (Tesco’s and the industry’s)...
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...bought Abbey National, then Bradford & Bingley in September 2008, shortly followed by Alliance & Leicester in October 2008. Finally last year it agreed to take over 318 branches from Royal Bank of Scotland, likely to be comp Problems at the bank began in 2004 when it first bought Abbey National, then Bradford & Bingley in September 2008, shortly followed by Alliance & Leicester in October 2008. Finally last year it agreed to take over 318 branches from Royal Bank of Scotland, likely to be completed in the first quarter of 2012. rate the financial service companies they use across a wide range of products, including current accounts, savings accounts, credit cards and car and travel insurance. leted in the first quarter of 2012. rate the financial service companies they use across a wide range of products, including current accounts, savings accounts, credit cards and car and travel insurance. Problems at the bank began in 2004 when it first bought Abbey National, then Bradford & Bingley in September 2008, shortly followed by Alliance & Leicester in October 2008. Finally last year it agreed to take over 318 branches from Royal Bank of Scotland, likely to be completed in the first quarter of 2012. rate the financial service companies they use across a wide range of products, including current accounts, savings accounts, credit cards and car and travel insurance. Problems at the bank began in 2004 when it first bought Abbey National, then Bradford & Bingley in September...
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...There are a large list of set laws and regulations of which event managers by law need to satisfy when staging an event, Bowdin et.al (2006 :342) teaches that depending on the stature or scales of event the larger the amount of regulations. These set of laws or rules are named Legislations which Worthington & Britton, (2000) state occupy a substantial proportion of current law including those that govern the operations of business such as sporting events. A vast majority of legislations emanates from previous event disasters such as the Bradford city fire. When a event disaster occurs and live are lost in the cases of the Ibrox, Hillsborough, Heysel and Bradford City football disasters inquiries are launched and investigations are conducted, after which recommendations on how safety could have been improved to potentially avoid the same hazards in future events. Within this portfolio you will find information on the Bradford City Fire and how such a disaster such as that can impact the event industry through new regulations or...
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...To: Chad Thomas From: Subject: Impact of standard line on manufacturing process Date: 05/24/15 Business Brief Chad Thomas is the founder of Chad’s Creative Concepts, a company that designs and manufactures wood furniture near Lake Erie in Sandusky, Ohio. Thomas, an “outdoors” type of person, wanted to bring that design into the home, and began creating custom-made wooden furniture for vacation homes along Lake Erie, Kelly’s Island, and Bass Island. Sales took off, and the company chose to produce a retail line of their popular pieces. The company still operates a single manufacturing process for the two lines, and profits are decreasing from additional inventory and rental space needed to accommodate the inventory size (Krajewski, Ritzman, & Malhotra, p.29-30). Manufacturing Conflicts Sales and marking affected Chad’s manufacturing operations negatively when they added a retail line of their standard pieces. The company added a second line, but still operates with a single manufacturing process. The manufacturing process they have in place is causing the company extra money because they are not able to produce the two lines at the same time. Their custom furniture takes priority, which leaves the standard pieces in assorted phases of completion around the plant (Krajewski, Ritzman, & Malhotra, p.29-30). After Chad’s added the retail line to their company the financial structure has declined. Profits are not as high as they should be. The company is losing...
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...Riordan Manufacturing Business System Proposal Paul Belanger, Aaron Ledger, Dacia Faulk, Ian Westerfield, Jennifer Gallaway University of Phoenix Introduction Being the industry leader in polymer materials and per our mission statement, Riordan Manufacturing must remain in step with industry trends. In order to effectively attain this objective, we must acclimatize, embrace, and take advantage of new and innovative technologies. In addition to identifying existing systems employed within the company that are in need of upgrades, the remainder of this paper will also address new systems as well as sub-systems needed and present a brief summary of why these systems would be advantageous to the future of Riordan Manufacturing. Finance and Accounting Overview Riordan manufacturing employs nine basic finance and accounting subsystems globally and three additional subsystems at the San Jose, California corporate headquarters. The atmosphere of interoperability between each of Riordan’s offices (California, Georgia, Michigan, and China) is at best hostile. At present, each operating entity has its own finance and accounting system resulting in a number of inefficiencies due to company-wide systems incompatibility, a lot of which stems from the Michigan and Georgia acquisition. To better establish potential interoperability between existing subsystems, it is first necessary to define the current subsystems of each Riordan office, existing software solutions, and how these...
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...Riordan Manufacturing SR-rm-012 Final Project BSA/310 – Business Systems Company Background Information Owned by a Fortune 1000 enterprise Riordan Manufacturing is one of the leading global plastics manufacturer with a projected annual earnings of $46 million. Since the company’s inception in 1991, Riordan Manufacturing expanded and acquired a manufacturing plant in Pontiac, MI and another manufacturing plant in Albany, GA, its headquarters is house in San Jose, CA. They have also created a joint venture with the People’s Republic of China. This organization focuses on being Six Sigma, exceeding ISO 9000 standards, and continues to maintain an edge in Research & Development along with being the leader in industry trends. Finance and Accounting (F&A) Systems There are approximately 12 components to the F & A Systems: General Ledger, Accounts Payable, Accounts Receivable, Order Entry, Procurement, Sales and Purchasing History, Invoicing and Shipping, Payroll, Financial Reporting, EDI, Bar Code Reading and EDSS (Executive Decision Support System). Not all locations however have all the 12 components mentioned, EDI, Bar Code Reading and EDSS is only available in the San Jose office. In addition, the three entities are not compatible with each other as each three F & A systems has purchased software from three different vendors. The following table will outline a breakdown of current systems within the three United States offices. Vendor License Current Setup Language ...
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