... Walmart is a United States based multinational retail store. Walmart Thrive by dominating the retail market and providing broad quantity of product at a low cost. Walmart’s has repeatedly proved its successful company strategy in many occasions. This Global retail giant have burgeoned almost in all countries where it expanded with very few exceptions. To reinforce its global expansion process Walmart acquired 51% of Massmart, South Africa second biggest retailer. Although the merger of this two large firms unfolds Walmart’s way into one of the world’s biggest potential market it won’t be simple. Poor legal system and weak securities, cultural and infrastructure barriers, financials, rivals criticism, resistance from local group and government will hinder the merger process. Walmart needs to be prepared to face these challenges and develop a strategy. In order to deal with the challenges Walmart should: 1. Learn from previous mistakes in North Korea and Germany. 2. Make use of high GDP growth in Africa and rising middle class. 3. Use Massmart successful network. 4. Create a positive Brand and company name. 5. Do what it is best at “dominate retail market” * Section 2: External environment: Walmart and Massmart are a big part of global discount retail industry. Walmart is one of the world’s biggest retail industry operating in 14 different nations apart from United States...
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...INDUSTRIAL INTERNSHIP REPORT ON “A STUDY ON ENHANCEMENT OF DISTRIBUTION CHANNEL” A summer training project report submitted in partial fulfillment of the requirement of Post-Graduation Diploma in Management SUBMITTED BY: G.SRIVIDYA ROLL NO. 2T4-17 SUPERVISED BY: MRS.V.ANNAPURNA (ASST. PROFESSOR) SIVA SIVANI INSTITUTE OF MANAGEMENT SECUNDERABAD-500100 2014-2016 COLLEGE CERTIFICATE COMPANY CERTIFICATE ACKNOWLEDGEMENT I would take this opportunity to express my sincere gratitude to everyone for their valuable assistance and support during my Industry Internship Program (IIP) at Microsoft Mobiles Kakinada & Rajahmundry. I would like to heartily thank my company guide, Mr. Subair (Regional Sales Manager), at Microsoft Mobiles, Hyderabad for giving me an opportunity to work at Microsoft Mobiles and for his valuable guidance during the course of my internship. His inputs and suggestions have played a very crucial role at every stage in the development of the project and my knowledge as a whole. I would also like to thank corporate guide Mr.Satya Sundhar, (Area sales manager) and for helping me throughout and guiding me and Mr.Kiran, Team leader corporate guide, for teaching me and coaching me with each and every small detail required to successfully complete my project, their guidance at the grass root level and helping me overcome every little problem I faced. I would also like to acknowledge, Mrs.v.Annapurna (Asst. Professor) Siva...
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...to Success 3 Chart: Highlights 3 2.0 Company Summary 4 2.1 Company Ownership 4 2.2 Company Locations and Facilities 4 Table: Past Performance 5 Chart: Past Performance 6 3.0 Services 6 3.1 Service Description 6 3.2 Competitive Comparison 7 3.3 Fulfillment 7 3.4 Technology 7 4.0 Market Analysis Summary 8 4.1 Target Market Segment Strategy 8 4.1.1 Market Trends 8 4.1.2 Market Growth 9 4.2 Market Segmentation 9 Table: Market Analysis 10 Chart: Market Analysis (Pie) 10 4.3 Competition and Buying Patterns 10 4.4 Business Participants 11 5.0 Marketing Strategy 11 5.1 Pricing Strategy 12 5.2 Promotion Strategy 12 5.3 Marketing Programs 12 5.4 Strategic Alliances 13 5.5 Competitive Edge 13 6.0 Sales Forecast 14 Table: Sales Forecast 14 Chart: Sales Monthly 14 Chart: Sales by Year 15 7.0 Management Team 15 7.1 Personnel Plan 16 Table: Personnel 16 8.0 Financial Plan 16 8.0 Financial Plan 16 8.1 Use of Funds 16 Table: Use of Funds 17 8.2 Important Assumptions 17 Table: General Assumptions 17 8.3 Break-even Analysis 17 8.3 Break-even Analysis 17 Table: Break-even Analysis 17 Chart: Break-even Analysis 18 8.4 Projected Profit and Loss 18 Chart: Gross Margin Yearly 19 Table: Profit and Loss 20 Chart: Profit Yearly 20 Chart: Gross Margin Monthly 21 8.5 Projected Cash Flow 22 Table: Cash Flow 22 Chart: Cash 23 8.6...
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...Retail Giants: JCPenney vs. Target Kelly Greenwood October 2, 2011 Columbia College JCPenney: History In business since April 1902, when James Cash Penney opened “The Golden Rule, a dry good and clothing store in Kemmerer, Wyoming. Although the name of the store was changed to JCPenney, in 1907, the company’s “Golden Rule” philosophy (do unto others as you would have them do unto you) remains unchanged. In 1927, JCPenney was listed on the NY Stock Exchange. Currently, JCPenney operates 1,108 department stores thoughout the U.S. and Puerto Rico, providing 112 million square feet of selling space. JCPenney offers private, exclusive and national brands. Its private brands are “developed, designed and sourced in-house, generating nearly 50 percent of the Company’s annual revenue.” (JCPenney, 2011) JCPenney has partnered with Sephora, Call It Spring™, MNG by Mango® and Modern Bride® to create a boutique style shopping experience within the JCPenney store. JCPenney “sells family apparel and footwear, accessories, fine and fashion jewelry, beauty products and home furnishings. It also provides various services, such as styling salon, optical, portrait photography, and custom decorating.” (Yahoo Finance, 2011) It hosts one of the largest apparel and home furnishings e-commerce sites, posting revenues in excess of $1.5 billion in 2010. JCPenney posted approximately $17.8 billion in total revenues in 2010. “JCPenney has a balance of both mall-based and off-mall stores. Productivity...
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...Pasewark Financial Statement Analysis Acct 3309 General Motors Corporation General Information 1. Name or corporation: General Motors Corporation 2. Corporate headquarters located in: Detroit, Michigan 3. Fiscal years ends: December 31, 2007 4. Primary products or services of the corporation: Worldwide development, production, and marketing of cars, trucks, and parts. 5. Transfer Agent: GMAC LLC Location of Transfer Agent: Detroit, Michigan 6. See Seasonality Chart 7. Trend of common stock over the last 2 years: Fairly constant. During 4th quarter high price stock increased and low stock price decreased. 8. Stock traded within a narrow range. Internet Information 1. Internet address for General Motors Corporation: www.gm.com 2. Purpose of web site: • Describe the corporation • Publicize recent corporate events • Advertise corporate products • Identify the location of retail sales sites • Publicize corporate citizenship • Provide customer service information • Provide product financing information • Provide employment information 3. Information related to investors: • Operating highlights • Information relating to corporate governance • Stock price information • Press releases • Annual reports • SEC filings • Proxy statements • Investor relations contacts Securities and Exchange Commission’s EDGAR Database 1. Latest Form 10-K: Filed February 29, 2008 2. SIC Code: 3711 3...
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....................................5 Distribution Modes for GSM Handsets................................................................................7 Distribution Modes for CDMA/GPRS Handsets..................................................................8 4. 4.1 4.2 4.3 4.4 CHARACTERISTICS OF HANDSET DISTRIBUTION CHANNELS IN CHINA ........9 High-end vs Low-end Handsets ...........................................................................................9 Major cities vs medium-to-small cities ................................................................................9 Rural Areas ..........................................................................................................................9 Regional differences in distribution channels......................................................................9 5. 5.1 5.2 5.3 5.4 EVOLUTION OF HANDSET DISTRIBUTION CHANNELS...
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...licensing and support, and the fact that investments of this magnitude tend to involve longer-term commitments, means that the best pricing comparisons should be based on a period of ownership (three to six years), rather than on just initial acquisition charges. 3. Support is integral to both companies’ solutions and Microsoft’s separate support and license fee structures, in contrast with Red Hat's combined subscription and support offerings, can give a Microsoft solution a significant pricing advantage over a Red Hat solution. In Review ........................................................... 7 Major Findings Other Findings 7 7 Appendix –Modeling Assumptions................. 8 General Operating System Licensing and Subscription Pricing Support Server Hardware 8 8 9 9 10 Chart 1 compares the cumulative operating system license and support charges an enterprise would accrue from running Microsoft Windows Server 2003 versus those it would accrue from running Red Hat Enterprise Linux. The comparison is based on an ownership period of several years, and assumes support is provided by Microsoft or Red Hat, respectively. In this example – which is based on Microsoft’s volume pricing discount,...
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...≈√ Guidelines on Credit Risk Management Rating Models a n d Va l i d a t i o n These guidelines were prepared by the Oesterreichische Nationalbank (OeNB) in cooperation with the Financial Market Authority (FMA) Published by: Oesterreichische Nationalbank (OeNB) Otto Wagner Platz 3, 1090 Vienna, Austria Austrian Financial Market Authority (FMA) Praterstrasse 23, 1020 Vienna, Austria Produced by: Oesterreichische Nationalbank Editor in chief: Gunther Thonabauer, Secretariat of the Governing Board and Public Relations (OeNB) ‹ Barbara Nosslinger, Staff Department for Executive Board Affairs and Public Relations (FMA) ‹ Editorial processing: Doris Datschetzky, Yi-Der Kuo, Alexander Tscherteu, (all OeNB) Thomas Hudetz, Ursula Hauser-Rethaller (all FMA) Design: Peter Buchegger, Secretariat of the Governing Board and Public Relations (OeNB) Typesetting, printing, and production: OeNB Printing Office Published and produced at: Otto Wagner Platz 3, 1090 Vienna, Austria Inquiries: Oesterreichische Nationalbank Secretariat of the Governing Board and Public Relations Otto Wagner Platz 3, 1090 Vienna, Austria Postal address: PO Box 61, 1011 Vienna, Austria Phone: (+43-1) 40 420-6666 Fax: (+43-1) 404 20-6696 Orders: Oesterreichische Nationalbank Documentation Management and Communication Systems Otto Wagner Platz 3, 1090 Vienna, Austria Postal address: PO Box 61, 1011 Vienna, Austria Phone: (+43-1) 404 20-2345 Fax: (+43-1) 404 20-2398 Internet: ...
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...SUPPLY CHAIN MANAGEMENT WITH SAP REFLECTIONS DAY 3 JANUARY 2012 DAY 3 KEY TAKEAWAYS * Basic data is created at the enterprise (client) level. General data is at the client level and is therefore the same for the entire enterprise. Purchasing data is created at the purchasing organization level. MRP’s are created at the plant level. * A company code is the smallest organizational unit for which accounting can be carried out. The balance sheet and income statement are generated at this level. With no cost center, there would be no accounting data. * The Organizational Structure for Financial Accounting (FI) consists of Client (entire enterprise), Company Code, and Credit Control Area. * The Material Management Organizational Structure consists of Client, Company Code, Plant, Valuation Area, Storage Locations, Purchasing Organization, and Purchasing Group. * Reconciliation Accounts are part of the General Ledger. Examples are Accounts Receivable (customers) and Accounts Payable (vendors). Entries to these accounts are system generated. * Account Groups include Balance Sheet Accounts, Reconciliation Accounts, and Income Statement/Profit and Loss Accounts. They are grouped by similar characteristics. * The Vendor Master can be created in accounting or in purchasing. The vendor master can also be created centrally, in which it will be created in both accounting and purchasing. * The Fiscal Year Variant determines the organization’s...
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...on all unions in general. Some universal challenges that unions face today are listed below. 1. Competition: Global markets have put considerable pressure on unions. Many products are being manufactured in other countries for a fraction of the cost; specifically when being compared to unionized factories in a developed country with much higher labour costs. Due to minimal union presence in under developed countries and extremely low fabrication costs, foreign competition has become quite the challenge. 2. Technology: Technology has changed the content of several existing jobs. “Touch Labour” is quickly diminishing due to today’s state of the art machinery, robotics and automation. As a result, workers are forced to expand their skill levels and adapt to new roles. For example, in the mining industry, which is known to have large union membership presence, positions have changed drastically. In the 1960s it took approximately 10 men an entire week to move one ton of ore to surface. It is estimated that today, 1 man & 1 scoop could complete this task in 2 hours. This “ONE” task has eliminated how many jobs? Has caused strong unions to lose how many members? 3. Evolution of members: The last 20 years has brought on a shift in union membership. The manufacturing industry is no longer what it used to be and the unions must take a different approach to target groups in industries where unionization has had a low success rate; such as banking and retail. Unions must step...
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...Visual Merchandising The Last Weapon of the Brick and Mortal Fast Fashion Retail Visual Merchandising The Last Weapon of the Brick and Mortal Fast Fashion Retail David Game College HND Business Management Simeon Alvas D0913058 David Game College HND Business Management Simeon Alvas D0913058 Abstract Consumer behaviour models are designed to explain how individuals make decisions to spend their available resources. It includes what they buy, how they buy it, why and when they buy it and how often they used it. One of the ways to influence this behaviour in a fast fashion retail setting is to use visual merchandising strategies which trigger a number of stimuli influencing the consumers’ perception. The purpose of this research is to establish to what extent this visual merchandising strategies influencing consumers with a different cultural background in a highly competitive multicultural retail environment with an emphasis on the flagship store of Armani Exchange Regent Street, London. The author argues that the available models of consumer behaviour does not provide sufficient flexibility due to their linear nature. Therefore, they are unsuitable to address the needs of a contemporary retailer operating in a multicultural environment. The researcher build his hypothesis by examining the available literature in the area of retail marketing. Consequently, the hypothesis is tested by analysing a mixed sources of primary and secondary data. The conclusion of the author...
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................................................. 4 2.0 TYPES OF ORGANIZATION STRUCTURE …................... 5 2.1 Functional Structure …................................................................ 6 2.2 Geographic Structure …............................................................. 10 2.3 Matrix Structure …...................................................................... 15 2.4 Product Structure …..................................................................... 20 3.0 SUMMARY ….........…................................................................ 25 INTRODUCTION In an organization there will be a structure. This structure of organization can be define as hierarchy chart between the functions and positions, the division and delegates of...
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...not a household with a computer and internet connection in the world that hasn’t purchased at least one item from them or visited their websites at least once . In the following paragraphs we endeavor to analyze how these two companies have achieved this worldwide success and how they are defined by all as online giants and colossus. But above all, we will focus on how they differ from each other, what are their strengths and weaknesses, what their business model is and how it has changed over the course of time. We will discuss briefly the history of these two giants and explain how they deal and cope with this ever-changing market and business environment. We will start with the background of these two companies, and then analyze the differences in terms of business models, focusing on financial data, services provided, overall stakeholder value and customers’ perception. Background of eBay EBay was launched by Pierre Omidyar in 1995, and referring to his own words, his purpose was giving “ the power of the market back to individuals, not just large corporations”...and his goal was “pioneer new communities around the world built on commerce, sustained by trust and inspired by opportunities”. It is important for us to underline the words of Omidyar because they are the base of eBay’s success. Building up upon those initial foundations, eBay later on expanded in 39 countries, and developed partnerships and did investments in additional 15 markets. The main purpose of eBay...
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...Summary Comparing different companies under different rules, or comparing one company in different time period can be complicating and often misleading when differences in accounting methods are not captured. In this essay, I will start the analysis by examining each firm’s change in accounting methods compared to their previous year. Then I will move on to comparing the three companies’ ratios to conduct analysis of each company based on the DuPont Method. In addition, I will also look at how changes in accounting methods affected Seven and I holdings’ results in 2013 when compared to 2012. Finally, I will conclude my analysis on how comparable it was under different accounting methods based on above analysis. _____ Three Companies Chosen for Analysis For this ratio analysis assignment, I chose three companies from the UK, US and Japan: Walmart Country: US Industry: Supermarket Retail Accounting Standard: GAAP TESCO Country: UK Industry: Supermarket Retail Accounting Standard: IFRS Seven and I Holdings Country: Japan Industry: Supermarket Retail Accounting Standard: Japan Standard _____ Change/Amendments in Accounting Methods Walmart Even though there is a mention about recent accounting pronouncements and future adoption of those policies, there is and will be no effect in the firm’s net income, financial position or cash flows. Sainsbury Although there were two amendments effective from this annual reports, the firm has concluded...
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...Introduction We should begin by referencing Tanglewood’s Company mission statement and allowing this to be the foundation for how we will approach all staffing strategic decisions. The company’s mission statement is as follows, [1]“Tanglewood will be the best department store for customers seeking quality, durability, and value for all aspects of their active lives. We are committed as a company to providing maximum value to our customers, shareholders, and employees. We will accomplish this goal by adhering to the core values of responsible financial management, clear and honest communication, and always keeping performance and customer service in the forefront.” We will consult this mission statement throughout this report to ensure that we are following the original guide to Tanglewood’s success. As you are all aware, some of Tanglewood’s current success stems from strategically [1]”distinguishing itself with simple, elegant, and uncluttered design concepts for their stores and their in-house products. This objective is also achieved through the company’s unique employee relations system which focuses on, strong employee participation and ensuring employees, full or part time, are members of the core work force. Tanglewood prides itself on operating with a core workforce (a workforce of permanent employees), reinforcing this philosophy by not utilizing in temporary employees. [1] “Core Workforce is viewed as essential for the organizational values and culture...
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