...Greggs Case Study – Business Report of Greggs “To be successful, you have to have your heart in your business, and your business in your heart.” By Thomas Watson, Sr. Subject : Business Report of Greggs 1. Executive Summary - Greggs is the top bakers’ chain in UK. - Greggs owned 1400 shops and employ 19,000 workers. - Ken McMeikan – Chief Executive leads Greggs to success. - Greggs has a good performance in the economic downturn. - Changes and strategies help Greggs to defy economic downturn. - Greggs is planning for an international expansion. - Greggs is a company responsible to its stakeholders – customers, employees and shareholders. - Part of the ideas are generating from analysis of Greggs’ reports and PESTEL analysis. 2. Introduction Greggs is a national company which has recently owned more than 1400 shops in UK. After the closure of its Belgium operation, Greggs changed from a decentralized to a centrally run business. This successful bakery chain is led by Mr. McMeikan who served under some of the most-respected retail sectors’ leaders before. In the near future they are planning to open a further 600 shops to create 6000 new jobs and will carry out an international expansion in the next few years. In the report, we can see the latest performance of Greggs, how its chief executive manages the changes and the considerations of the business development and how it treats its stakeholders. 3. Environment that Greggs works in Greggs...
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...in accordance with the fund's investment objective. 2. Review of literature 3. Methodology Figure: Research methodology Used 3.1 Sampling techniques used 3.2 Mutual Funds Used in the study The mutual funds which were used for the study were taken from Birla Sun Life Insurance. Birla Sun Life Asset Management Company Ltd. (BSLAMC), the investment managers of Birla Sun Life Mutual Fund, is a joint venture between the Aditya Birla Group and the Sun Life Financial Services Inc. of Canada. The joint venture brings together the Aditya Birla Group's experience in the Indian market and Sun Life's global experience. Established in 1994, Birla Sun Life Mutual fund has emerged as one of India's leading flagships of Mutual Funds business managing assets of a large investor base. Our solutions offer a range of investment options, including diversified and sector specific equity schemes, fund of fund schemes, hybrid and monthly income funds, a wide range of debt and treasury products and offshore funds. Birla Sun Life Asset Management Company has one of the largest team of research analysts in the industry, dedicated to tracking down the best companies to invest in. BSLAMC strives to provide transparent, ethical and research-based investments and wealth management services. 1. Birla Sun Life Asset Allocation Fund - Aggressive Plan Birla Sun Life Asset Allocation Fund is an open ended Fund of Fund Scheme. The Aggressive Plan is ideally suited for an...
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...The following transactions relate to a business concern for the month of December 2005. Journalise them, post into ledger accounts, balance and prepare the Trial Balance. March 1 - Started business with a capital of Rs.9,000 March 2 - Purchased furniture Rs.300 March 3 - Purchased goods Rs.6,000 March 11 - Received order for half-of goods from `C’ March 15 - Delivered goods, `C’ invoiced Rs.4,000 March 17 - Received order for the remaining half of goods March 21 - Delivered goods, cash received Rs.3,800 March 31 - Paid wages Rs.300 2. Make necessary entries in the journals of sudhir in respect of the following transactions : 2010 June 1: Sudhir commenced business with Rs. 50000, out of which Rs 30000 were his own Rs. 20000 were borrowed by him from his brother Sushil. June 7: purchased goods for Rs.20000, out of which goods of the value of Rs.3000 were destroyed by fire but loss amounted Rs.25000 only . The insurance company accepted this claim but paid for it on June 10 . June 15 received from Mahesh an order for Rs.3000. June 18 Sudhir asks his supplier Ram to send goods to Mahesh according to the order . 3. Pass the jounal entries for the following transactions in the books of Kamla of Jaipur: 2010 Jan .1 Purchased goods for cash at 20% trade discount and 5 % cash discount from suresh, the list price of which is Rs 20000. June .5 Purchased goods from Mahesh at 20% trade discount, list price of these goods is Rs. 8000. Jan.6 returned goods to Mahesh as thsese...
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...Executive summary Prestigious and Luxury brands such as Gucci, Louis Vuitton and Vertu represent the uppermost level and form of craftsmanship. They demand and hindercustomer loyalty that is not affected by trends. These brands set seasonal trends and are capable of generating consumers, wherever they are established. In luxury marketing, there is a delicate relationship between 4 factors that most strongly influence the purchase of the luxury consumer. They are the exclusiveness of the brand, the reputation of the brand, forms of distribution and price/value affiliation. Exclusivity cannot always be ensured due to immense competition. But by consequence, it is not the key requirement of a luxury consumer. The consumer bases their purchasing decisions mainly on the aura of the brand and completion of their ‘actualization needs’. Therefore, aura of the brand is more important than exclusivity. A luxury consumer is always looking for newer ways to satisfy their inconsistent wants and needs. Therefore, it is important for Gucci, LV and Vertu irrespective of their exclusivity and geographical presence to research and give their consumers major importance, to be successful in the fashion or high-end market. This report will aim to discuss the key success factors of Gucci, LV and Vertu that have impacted on their brand image and exclusivity. Furthermore, it gives a detailed explanation supported with examples on how they achieve their elitism. It then discusses the problems...
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... Page 12 5. Competition Accounting Policies 5.1 Bebe Sport Accounting Policies Page 14 5.2 Under Armour Accounting Policies Page 15 6. LuluLemon Selected Financial Information 6.1 LuluLemon 2011 Selected Financial Info Page 16 6.2 LuluLemon 2010 Selected Financial Info Page 18 6.3 LuluLemon 2009 Selected Financial Info Page 20 7. Financial Analysis 7.1 Accounting Ratios Page 22 7.2 Additional Financial Information Page 28 Executive Summary Sporting apparel is a huge and expanding global market. Like other apparel categories, the fashion of the sport apparel is changing and the actual business model is constantly evolving. The number of female sport practioners, Yoga practitioners in...
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...UNIVERSITY OF ULSTER ULSTER BUSINESS SCHOOL Graduate Certificate in Business Module: BUSINESS STRATEGY Topic: Coursework 2 is an individual written report focusing on the application of strategic models used to assist organizations in making strategic choices. The core areas which must be covered in the report are detailed below: Organization Profile – a brief description and profile of the specific organization chosen within the industry sector. Strategic theory - the identification and justification of the strategic choice model/s. Application of strategic choice model/s to the chosen industry sector - an assessment and critical evaluation of the ways in which the organization uses the chosen models to make strategic choices. References and Appendices Number words: 2016 ID Number: B00653228 Date: 17/01/14 Contents 1 Introduction 3 2 Organisation Profile 3 3 Stategic Theory 3 4 model application 4 4.1 Question Mark 4 4.2 Risiing Star 5 4.3 Cash Cows 6 4.4 Dogs 7 5 Conclusion 8 6 Reference 9 Introduction In this paper I am going to describe and analysis the BCG matrix. The BCG Matrix may be a very helpful and widespread method of evaluating the portfolio of companies or product in a very business unit. The BCG matrix may be used to verify what priorities should provide to different products, and that method is also possible to use to given product or businesses. In this...
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...------------------------------------------------- E-Business ------------------------------------------------- E-Business ------------------------------------------------- Dr. Bobbi Sharma ------------------------------------------------- Dr. Bobbi Sharma ------------------------------------------------- ID: B00676737 ------------------------------------------------- ID: B00676737 Word: 2022 The Role of ERP in Automotive Industry Table of Contents 1. Introduction ……………………………………………………….……….. 04 2. ERP ………………………………………………………………………… 04 3. The Revolution towards ERP……………………………………..………... 05 4. ERP in Automotive Industry…………………………………..…………… 05 5. ERP implementation Business Risks in Automotive Industry………….….. 07 6. Evaluation and Conclusion…………………………………………………. 08 7. Reference…………………………………………………………………… 10 8. Bibliography………………………………………………………………... 13 9. Appendix………………………………………………………………….… 15 1. Introduction Last few decades there is a rapid change in IT sector which created impact on business organisations and there is a wonderful gift from IT sector is Enterprise Resource Planning System Software (Mazzawi R, 2014). Enterprise Resource Planning (ERP) system has been increased in using in developed countries by large companies, government corporations and in other different industries. And there is a wide adoption of Enterprise Resource Planning System (ERP) in organisational management to improve their performance and productivity (Otieno J, 2010). Recently different...
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...FY10 Results Review – Analyst Meet 27th May, 2010 INVESTOR RELATIONS Statements in this presentation describing the Company’s objectives, projections, estimates, expectations may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results could differ materially from those expressed or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand / supply and price conditions in the domestic and overseas markets in which the Company operates, changes in Government regulations, tax laws and other statutes and incidental factors INVESTOR RELATIONS Internal Actions And External Market Improvement Drives Performance Consolidated P&L Rs Crores Net Revenue EBITDA EBITDA margin PBT PAT Cash Profit Automotive Net Debt (Rs Crs) Automotive D / E FY09 70,881 2,196 3.1% (2,129) (2,505) 1,065 23,750 4.0 FY10 92,519 8,614 9.3% 3,523 2,571 8,168 18,800 2.05 %change 30.5% 292% 620 bps NM NM 667% The Board of Directors has recommended a dividend of Rs.15/- per Ordinary share and Rs.15.5/- per ‘A’ Ordinary share each for the financial year 2009-10 INVESTOR RELATIONS Internal Actions Accelerated cost reduction measures Improved our pricing discipline Aligned production with demand and strict control of Inventory Continued our strict cash flow management Reduced non-personnel related overhead costs VA / VE measures Pursued Long term plans ...
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...A Strategic Analysis of Home Depot GM599 A Strategic Analysis of Home Depot Introduction The Home Depot (NYSE: HD) is a home improvement, construction products and services retailer operating over 2,000 big-box stores in the United States and abroad. The Home Depot was founded in 1978 by Bernie Marcus and Arthur Blank with the vision of one-stop shopping for do-it-yourself (DIY) customers, installation services for do-it-for-me (DIFM) customers and competitive products for the professional market. Their DIFM installation programs include products such as carpeting, flooring, cabinets, countertops, and water heaters. In addition, the company provides installation of various professional products like generators and HVAC systems. The Home Depot developed strategic product alliances directly with industry-leading manufacturers to deliver the most exclusive assortments to customers. Through a combination of national brands and proprietary products The Home Depot exclusively carries several major brands, including: BEHR Paint, G.E., Martha Stewart Living and Thomasville, which sets the standard for the do-it-yourselfer and the professional contractor. The Home Depot revolutionized the home improvement industry by bringing the know-how and the tools to the consumer and by saving them money. According to the founders, the customer has a bill of rights at The Home Depot, and this entitles the customer to the right assortment, quantities and price, along with trained associates...
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...AFM 341 - Accounting Information Systems Week Date 1 2 3 4 Topic Jan 5 Accounting Information Systems and Firm Value Accountants as Business Analyst Jan 12 Data Modeling Relational Database and Enterprise Systems Jan 19 Sales and Collections Business Process In Class Lab (Bring Laptop with Microsoft Access 2010 or 2013 Installed) Jan 26 Purchase and Payments Business Process Conversion Business Process Feb 2 Integrated Project In Class Lab (Bring Laptop with Microsoft Access 2010 or 2013 Installed) MID-TERM EXAM – Ch. 1 to 7 – IN CLASS EXAM Reading Quiz Due (Saturday Assignment Due at 9pm) Ch.1 Quiz#1 (ch.1-2) Ch.2 Ch.3 Quiz#2 (ch.3-4) Ch.4 Ch.5 Quiz#3 (ch.5) Ch.6 Ch.7 Ch. 8 Quiz#4 (ch.6-7) Reporting Processes and XBRL Review Exam Group Presentations Feb 16 NO CLASS: Reading Week Feb 23 Accounting Information Systems and Internal Controls Group Presentations Mar 2 Information Security and Computer Fraud Review DB-Phase 2 Group Presentations Ch.9 Quiz#5 (ch.8-9) Ch.10 Quiz#6 (ch.10) Ch.11 Quiz#7 (ch.11) 10 Mar 9 Ch.12 Quiz#8 (ch.12) 11 Mar 16 Ch.13 Quiz#9 (ch.13-14) Ch. 14 Ch. 15 Quiz#10 (ch.15) 5 6 7 8 9 Feb 9 12 Mar 23 13 Mar 30 Monitoring and Auditing AIS Group Presentations The Balanced Score Card and Business Value of Information Technology Evaluating AIS Investments The Systems Development Life Cycle and Project Management Group Presentations ...
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...Personal Budget, Balance Sheet, and Cash Flow Statement Personal Budget, Balance Sheet, and Cash Flow Statement Ann and Jan Stone are married and have no kids. Ann has received her Bachelor’s degree, MBA and now getting her Master’s of Accounting. Jan has not finished his Bachelor’s degree in International business. Jan is a director of revenue in a hotel industry and makes about $89,000 a year. Ann works for Credit Union as a Branch Manager and makes $38,000. Ann is 27 years old and Jan is 30. Major concerns that the couple has is debt. Jan has about $52,000 in credit card debt and he is paying high 20% interest on them. Ann has student loan totaling $60,000 and growing. Another concern the couple has is not having enough cash flow to invest in their small house upgrades. Another common goal this couple has is to save money and successfully invest. Jan and Ann want to have their own business in the future, but have no cash flow to start a business (Primiano, 2012). Following are Ann and Jan Stone personal budget, cash flow and budget. Monthly budget Financial goals: pay off debt, increase emergency funds Budgeted Amounts Actual Amounts Variance (dollars) (percent) Projected Inflows (income) Salary 10,800 100 Projected Outflows Emergency fund savings 600 6% 600 - Savings for vacation 200 2% 200 - Total savings 800 7% 800 - Fixed Expenses Health insurance 280 3% 280 - Mortgage 1200 11% 1200 - ...
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...PORTFOLIO OF EVIDENCE The Student’s Name The Name of the Class Professor The Name of the University The city and State where it is Located The Date PORTFOLIO OF EVIDENCE Business Ethics is standards of guiding behavior of both an individual and the business. They are principles of acting ethically. When a company or an individual is acting morally, it means that they can make the right choice. Only by making a distinction between what is wrong and what is right (Carroll & Buchholtz, 2003). Business ethics is, therefore, meant to guide controversial issues in a company environment. These issues include corporate social responsibility, discrimination, unlawful practices, corporate governance, bribery or corruption, insider trading and other irresponsible business behaviors. Ethics is at times guided by local frameworks chosen by different companies. These structures act as a way of enhancing their image and public trust, but it is a requirement that values is guided by a duly constituted legal framework (Paliwal, 2006). This paper, therefore, discusses business ethics in an organizational context and also delves into ethical dilemmas, moral leadership, interpersonal skills and teamwork in an enterprise environment. Appendix A- The Ethical Leadership Debate Ethical leadership incorporates two key aspects. The first point refers to the way the leader treats and works with the subordinates...
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...Why should the United Kingdom be your destination for higher education? The United Kingdom attracts one of the largest internationally mobile student bodies seeking higher education from around the world. Home to the oldest university in the English-speaking world, the Kingdom has established numerous universities which provide high-quality education, facilities and research opportunities to the student demographic looking for advancement in the education career. The reasons that elevate the United Kingdom as an education destination are the quality of education, research opportunities that follow after students have enrolled or completed their universities, lower study costs, shorter study programs and the statistics that show that graduates educated in the United Kingdom have remarkably higher average salaries than if they had been educated in their home countries. According to an on-line global Student Decision Making survey conducted by the British council in 2007, United Kingdom attracts 10% of total internationally mobile students each year. Within the migrating population, 59% reported choosing the UK solely because of the quality of education. To confirm that the high standards of academic education, teaching, support and facilities are maintained, the universities are regularly analyzed, ranked and compared annually. QS world university ranking is an information database that compare and rank universities across the world and help students make researched comparisons...
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...In 1986 members of the environmental activist group, London Greenpeace (unrelated to Greenpeace International), published a leaflet entitled “What’s wrong with McDonald’s: Everything they don’t want you to know”. The publication made critical allegations of global fast-food chain McDonald’s. Distributed to the public by hand and online, the leaflet was received by a global audience.The publication made the following allegations, stating that McDonald’s: • was complicit in Third World starvation; • bought from greedy rulers and elites and practices economic imperialism; • wasted vast quantities of grain and water; • destroyed rainforests with poisons and colonial invasions; • sold unhealthy, addictive fast food; • altered its food with artificial chemistry; • exploited children with its advertising; • was responsible for torture and murder of animals; • poisoned customers with contaminated meat; • exploited its workers and banned unions; • hid its malfeasance (Wolfson, 1999, p. 21). McDonald’s deemed the publication defamatory of their reputation. Defamation is the publication of an untrue statement which reflects a person’s reputation and tends to lower him in the opinion of right-thinking members of society generally (Finch, 2007, p. 168). Initially, the multinational corporation threatened various broadcasters and five active members of London Greenpeace withlegal action if they did not withdraw the allegations. Under s.2 of The Defamation Act 1996 the publisher...
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...Student ID: 1075660 Student Name: Charmaine Fletcher Paper Number: 475120 Stream Number: 24 Assessment: Business Report Professional Practice Lecturer: Brendan McLister In submitting this work electronically I am declaring that: 1. This assessment has been written by me and is my own work 2. The work has not previously been submitted 3. All researched information has been acknowledged and referenced in APA 6th ed 4. I have and will continue to maintain the confidentiality of any persons/organisations referred to in the document 5. I permit this assessment to be copied for academic processes (eg. moderation). 6. I have retained an electronic copy of this assessment Business Report 2010 Image retrieved from the easy stay website (http://www.easystay.co.nz/prop-photos/skycity-002.jpg) Table of Contents Introduction 4 The Tourism Industry 5 Findings 6 Conclusions 10 Recommendations 11 Reference List 12 Appendices 13 Statistics 13 Accounting 17 Finance 21 Introduction The purpose of this investigation is to research the tourism industry in New Zealand and Sky City Entertainment Group Limited (SKC) and to discover whether it is recommended for you to invest your money in this industry or business. In this investigation I will be giving a brief background on the tourism industry and discussing the Statistical, Accounting and Financial analyses on SKC to come up with a logical recommendation for you...
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