...adjust to higher levels of inflation and commodity prices. 2. High market competition The market in which JB Hi-Fi (JBH) operates is a mature industry, thus severe competition exists, due to the high degree of similarity, between JBH and other retailers, such as Harvey Norman, Dick Smith and The Good Guys. Although, JBH has maintained its market leading position, its ability to gain may be limited when other competitors take actions to fight for market shares, for example, JBH experienced high level of unstable discounting in the 2012 financial year. 3. Over-reliance on certain suppliers or products Diversity and innovation are highly valued in JBH, which are embodied in the way that JBH doing business. Nevertheless, evidence shows that, during the financial year of 2013, there was over-reliance on certain suppliers or products, which is not vital for the business development if the company continues following this approach. 4. E-commerce JBH is taking the advent of e-commerce with a quality online offer. However, security issues has always been integrated with e-business such as identity theft, dissemination of confidential information and other forms of deception. Additionally, after-sales service can be an issue for all the online sales. Therefore, the e-commerce may involve potential business risk. Q2- Laws and Regulation applicable to JB Hi-Fi • Competition and...
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...Situation Analysis First of all I consider your instant closing of old branch as a major setback from the operations point of view. Since last two years you built an amazing rapport there with your customers and established your technical acumen as a brand, you should have atleast provided some overlap plan rather than shifting instantly to the new Arcade so that it could have contributed to your image building at new location and consequently you should shut down this premise once your brand attained pinnacle in terms of value creation. Secondly also looking at following projected Sales (in case if you continued at the same place) and Actual Sales at new place (considering the uniform trend for the next 6 months as initial 6 months), it can be easily inferred that continuing at the same place assuming you maintain uniform profit margin over second and third year, would have helped you to achieve higher sales projections than what you achieved in Arcade owing to lack the visibility substantially. Hence arcade should have been an option of extension of your services and visibility rather than core and sole functional premises. You should have invested part of amount recieved from partners into aesthetics development at same outlet and part of that should have been invested in your services improvement aspect. Also, business lacked the important aspect of having a common mission among all the three partners, because of varying operating philosophies, at a very critical time...
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...25743 Corporate Financial Analysis – Assignment 1 Recommendation Report: JB Hi-FI (JBH.AX) – Consumer Discretionary Name | Student ID | Lecturer Name | Lecture Time | Question | Nathan (Fortunato) Foti | 11049614 | Lorenzo Casavecchia | 6PM | 1 | Agnes Ho | 10427514 | Lorenzo Casavecchia | 6PM | 2 | Carrie (Shuhan) Chen | 11624261 | Lorenzo Casavecchia | 6PM | 3 | Nhan Doan Chi | 11814668 | Lorenzo Casavecchia | 12PM | 4 | Han Han | 11862618 | Lorenzo Casavecchia | 6PM | 5 | Table of Contents 1. Executive Summary 3 2. Industry Analysis 4 2.1. Competitive Forces 4 2.2. Industry Life Cycle 5 2.3. Potential Investment Risks 5 3. Ratio Analysis 6 3.1. Profitability 6 3.2. Liquidity 6 4. Earnings Management 7 5. Relative Valuation Analysis 8 6. References 9 7. Appendix 10 7.1. Profitability Ratios 10 1. Executive Summary This report aims to provide insight into JB Hi-Fi and covers an analysis of the Industry, Ratios, Earnings Management and Market Pricing. JB Hi-Fi Pty Ltd (JB Hi-Fi) can be classified to operate in various industries including online video games, video game and recorded music retailing, domestic appliance retailing, computer software retailing, online camera and camcorders. Their main competitors are Harvey Norman, Good Guys, and EB Games. From the report, the key competitive forces are highlighted and the potential risks of investing in the company are listed. The ratios covered in this report...
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...Retailers – World’ 2010) In next five years, the market share of this industry will change due to high level of competition in this industry, especially in Australia. In long run, further growths opportunities in this industry will depend on new technologies. Therefore, industry will pay more attention on advanced technology and the competition will focus on the application of advanced technologies in operations. 3. Main players in this industry and their positions in the industry. JB HI-FI, Dick Smith Electronics Harvey Norman and Clive Peeters are four main players in this industry. They are very successful in Australia and compete sincerely with in the industry. (Richards 2009, p. 1 of 2). B. Company Analysis 4. The reason to choose this company for the project It is difficult to overstate the challenges from the global and local economies. However, in this environment JB HI-FI has delivered an outstanding result, which is representative. Moreover, JB HI-FI is one of Australasia's fastest growing and largest retailers of home entertainment and was floated on the Australian Stock Exchange (‘About Us’ n.d.). 5. The...
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...| | | | MKTG2100 Group Situation Analysis | | | | Executive Summary The primary goal of this report is to provide an analysis of the company JB Hi-Fi. In particular the report highlights the industry trends of the consumer electronics retail market as well as focusing on how JB Hi-Fi’s segmentation, targeting and positioning strategies. Consumer behaviour is also analysed using the buyer decision process as well as other factors such as culture being identified as important to JB Hi-Fi’s strategical approach. The core of the report contains detailed analysis of the marketing mix, competitive situation analysis and use of the PESTLE. These examined how the company creates value in its current environment as well as the impact of external influences. Lastly the report identified JB Hi-Fi’s recent expansion into the whitegoods markets with as a potential opportunity for the company to grow and expand into other industries, thereby repositioning the brand in the minds of consumers. Table of Contents Executive Summary 2 Introduction 5 Industry Trends 6 Target Markets 6 Consumer Behaviour Issues 7 Marketing Mix 9 Product 9 Price 9 Place 9 Promotion 9 Process 9 People 10 Physical Evidence 10 Competitive Situation 11 Factors Indicative of Intentions and behaviours 11 Comparison between Marketing mix and STP Model 12 Macro Environment 13 Demographic 13 Aging Population 13 Households 13 Economic 13 Recession 13 ...
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...MASTER 1 GE2 - GROUP 3 DA CUNHA Andreï DE QUEYLARD Claire PHILIPPE Benoit TZOTCHEV Mariano VENNEVAULT Charlène CASE STUDY Industry dynamics in the hi-fi sector Q1. Perform a SWOT analysis and use this to help think through the industry dynamics in the hi-fi sector. i. What are the opportunities and threats facing these specialist hi-fi firms? * Internal diagnotic | STRENGHTS | WEAKNESSES | Marketing criteria | Product | Sound system at highest quality | | Price | Prenium prices can be a proof of quality | Premium prices are only dedicated to a small segment of customers | Promotion | | High costs of advertising | Place | Prime location: factories are in UK which has a potential appeal compared to other countries. | | Functional criteria | Functionning | One factory with access to a chain of retailers. | Few good suppliers with specialist materials.HRM has to recruit skilled staff what is difficult. | Resources | Financial | | Low turnover (million vs billion for Phillips: £20bn) and profitability (less than 2 million) | Human | Highly skilled workforce.Ability to recruit key talent. | | Technological | Patents of previous technology.High R&D | | Which is a value perceived by the customers | High brand value= High pricesCustomers are faithful to one brand. | Their reputation is not enough developped | Competencies | | Expertise :Produce sound system of the highest qualityKnowledge of high quality production and...
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...1. 14, CHS, band hi hih ih idoajofija pa p p p oo , instrumentaly talented and a great swimmer, I have two dogs, a fish, and a parrot, I am broadly expanded in a languages hfaihsih wieh iaowei hhihih hih ihih hih hih ih ihih ihi hih hi hi hi hi h I hi hi hi hi hi hi I hi hi h I hi hi hi hi hi hi hi hi hi h ihi hi hi hi hi hi hi hi hi hBibliography (from Greek βιβλιογραφία bibliographia, literally "book writing"), as a discipline, is traditionally the academic study of books as physical, cultural objects; in this sense, it is also known as bibliology (from Greek -λογία, -logia). Bibliography (from Greek βιβλιογραφία bibliographia, literally "book writing"), as a discipline, is traditionally the academic study of books as physical, cultural objects; in this sense, it is also known as bibliology (from Greek -λογία, -logia). 14, CHS, band hi hih ih idoajofija pa p p p oo , instrumentaly talented and a great swimmer, I have two dogs, a fish, and a parrot, I am broadly expanded in a languages hfaihsih wieh iaowei hhihih hih ihih hih hih ih ihih ihi hih hi hi hi hi h I hi hi hi hi hi hi I hi hi h I hi hi hi hi hi hi hi hi hi h ihi hi hi hi hi hi hi hi hi hBibliography (from Greek βιβλιογραφία bibliographia, literally "book writing"), as a discipline, is traditionally the academic study of books as physical, cultural objects; in this sense, it is also known as bibliology (from Greek -λογία, -logia). Bibliography (from Greek βιβλιογραφία bibliographia, literally "book writing"), as...
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...fraternity brothers at the University of Missouri. Beetle was a college student at Rock view University, he quit school in the first year and enlisted in the U.S Army on March 13, 1951 and has remained there ever since. Beetle Bailey is a sort of lazy private who just think he can sleep his way through the army, he always wears his headgear below his forehead so you never get to see his eyes, in the rare instance he is without headgear his eyes are covered by his hair he a misfit and suffers through constant physical and verbal abuse from his company sergeant and nemesis sergeant first class Orville P. Snorkel. Beetle Bailey was circulated in the stars and stripes newspaper which is a military paper to boost military morale but it was banned from the japan issue because it was said be disrespectful to officers. The civilian papers thought it was funny and it continues to run today. The stories change to fit the times but beetle is still a private and still wears the same uniform. Beetle is one of the funniest comics strips that is still running to date and the only one to have family with their own comic series, Beetle’s sister Lois Flagston and her husband Hiram “HI” are the star characters of HI and Lois another famous comic strip created by Mort Walker Although beetle goes through such scrutiny, K.P duty, being beat up by Sgt. Snorkel all the time....
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...If I Would Have to Die in a Year? Mortality is something that binds us all. We may have different personalities, different colors, different accents, but we all are human. Sometimes death sneaks up on someone and takes him by surprise. Sometimes it lingers until the person he's visiting knows the friendship will go on a deeper level soon. First I would take a lovely first class cruise around the world for one entire year, or, maybe just use the ships as a constant base from which to explore other worlds, until the fateful day. I would try and travel to every place on Earth, and have as many deep and spiritual conversations as possible, meet the great spiritual and influential philosophical thinkers in the world today, starting with His Holiness the Dali Lama. Then, when the time of passing to the next existence comes, have those that love me, who know me, all around me, for a peaceful, calming, soul releasing experience, and to let them know, it is not a moment of emotional disaster, but one of triumph and transition, for the human spirit. However, life is beautiful and amazing, and probably for us its too early to think about death, because we have so much unfinished work to do and make our families happier,Mortality is something that binds us all. We may have different personalities, different colors, different accents, but we all are human. Sometimes death sneaks up on someone and takes him by surprise. Sometimes it lingers until the person he's visiting knows the...
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...inner space. We've cleaned up the air, but polluted our soul. We've split the atom, but not our prejudice. We've higher incomes, but lower morals. We've become long on quantity but short on quality. These are the times of tall men, and short character; Steep profits, and shallow relationships. These are the times of world peace, but domestic warfare, More leisure, but less fun; more kinds of food, but less nutrition. These are the days of two incomes, but more divorces; Of fancier houses, but broken homes. It is a time when there is much in the show window, and nothing in the stockroom. A time when technology can bring this letter to you, And a time when you can choose, Either to make a difference .... or just hit, delete. - His Holiness the Dalai...
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...The Predynastic Period in Egypt was broken up into 6 different cultures. The Bardarian people of the Bardarian culture lived in Upper Egypt and they were semi-nomadic people. They buried their dead on the outskirts of their small settlements and also conducted ceremonial burials. The deceased were sometimes buried with finely crafted jewelry, cloth, fur and the usually included a crafted figurine of a female fertility idol. Female Figure is a Predynastic Egyptian sculpture from 3600-3200 B.C. made of ivory. The color of this sculpture is gray and it is held up by a platform and wire. It looks as if the figure is standing on its own. The figure has very few lines and looks very smooth. Although this sculpture is a female, she is not wearing clothes. You can tell that she is not wearing clothes because you can see what appears to be a belly button in the abdominal region and very small abnormal breasts, the body also has small curves. The figure was also sculpted with no arms, legs, ears or a mouth. The eyes are very big and close together. The limited use of color and the use of ivory to sculpt this figure shows the lack of resources during this time. Survival of the fittest was what the people in during this period focused on and also reproduction, hence the female figure of fertility. The figure being only sculpted of the just the body was probably important during this time. They didn’t care about women being beautiful but about their bodies and the wellbeing of them because...
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...to: navigation, search For the radio station, see WIFI (AM). Wi-Fi logoWi-Fi ( /ˈwaɪfaɪ/, also spelled Wifi or WiFi) is a popular technology that allows an electronic device to exchange data wirelessly (using radio waves) over a computer network, including high-speed Internet connections. The Wi-Fi Alliance defines Wi-Fi as any "wireless local area network (WLAN) products that are based on the Institute of Electrical and Electronics Engineers' (IEEE) 802.11 standards".[1] However, since most modern WLANs are based on these standards, the term "Wi-Fi" is used in general English as a synonym for "WLAN". A device that can use Wi-Fi (such as a personal computer, video game console, smartphone, tablet, or digital audio player) can connect to a network resource such as the Internet via a wireless network access point. Such an access point (or hotspot) has a range of about 20 meters (65 feet) indoors and a greater range outdoors. Hotspot coverage can comprise an area as small as a single room with walls that block radio waves or as large as many square miles — this is achieved by using multiple overlapping access points. "Wi-Fi" is a trademark of the Wi-Fi Alliance and the brand name for products using the IEEE 802.11 family of standards. Only Wi-Fi products that complete Wi-Fi Alliance interoperability certification testing successfully may use the "Wi-Fi CERTIFIED" designation and trademark. Wi-Fi has had a checkered security history. Its earliest encryption system,...
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...Wireless Fidelity, or Wi-Fi, exploding in popularity, companies and even some whole localities are increasingly providing access to the public. Due to its popularity, varieties of businesses are exploring their options to stay relevant and attract customers. Airports, train stations, grocery stores and other public locations are offering free Wi-Fi in hopes to lure the consumer to purchase their products. Free public Wi-Fi facilitates a lengthier customer relationship and offers a competitive advantage against other local coffee shops offering the same consumables. The accessibility that retail companies have offered to their customers allows for easy and convenient access to the internet. Background Information Wi-Fi is radio-wave technology known as IEEE 802.11b. Wi-Fi has an inexpensive installation and runs with speeds up to 11Mbps. An existing local area network, LAN, needs to exist to install wireless access points. The advantages are the mobility it allows, ability for multiple devices to quickly access with or without authenticating, higher speeds than wired access, and installation costs. The disadvantages include the need for multiple wireless access points to increase signal strength in large areas, narrow area of space that the wireless signal reaches, connection hiccups and the weak security points of having a public network. There is currently minimal security offered directly by the internet provider. Literature Findings Current State Wi-Fi is still currently...
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...End of the twentieth century and the beginning of twenty-first century has marked a great advancing period in technological world, especially Internet. Internet has allowed users around the world to communicate with each other very quick and fast. And with the development of Wi-Fi, these communication methods have been even more available. But Wi-Fi also brings its disadvantages with it since potential hackers can access the network faster than wired networks. In this research paper, our team has put forward a goal to observe and find information about the communications ways through the internet and how to improve the security of a wireless network. During our research our team members carefully researched and practiced all those communication methods. Our goal was to evaluate the best ways of communication. Our team members have also learned the threats that could affect Wi-Fi. Our next goal was to prevent all of those threats, to find security measures and evaluate which security measure would work the best. In order to experiment the Wi-Fi and its security we have taken a hotel in Djizak City, Afrosiyob Hotel, which has been opened in July, 2012 and does not have Wi-Fi system. We will implement a Wi-Fi network and we will suggest security measures for the network and propose our plan to the owner, Mr. Jahon Isakov. Introduction Since the invention of Internet, it has had numerous uses, from data analysis to communication, from...
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...A Look at Wireless Networking Abstract Over the last several years technology has continued to evolve and grow exponentially. The need for wired and wireless networks has become vital in both individuals lives and in the work environment. There are several factors to consider when discussing wired and wireless technologies such as hardware requirements and security measures needed to ensure a secure network. Wireless network trends are now offering new technology such as cloud computing and simply being able to work from anywhere you want. As you read on you will understand the benefits of wireless technology in our personal lives and in work situations. A Look at Wireless Networking Many organizations such as universities, retail centers and your own office depend on the ability to share information in an efficient and useful way. Nowadays networks are an integral part of almost every business and in your own personal life. There are two options for setting up a network — wired and wireless. A wired network uses cables to connect to a computer and a wireless network uses radio frequencies to connect to a computer. The components required to set up a wired or wireless network are somewhat similar with a wireless network needing a few additional pieces. Wireless networks are allowing individuals and businesses to become more mobile. For example, people are able to work from home these days and can have a better work-life balance. Businesses such as Starbucks...
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