...Strategic Culture Instructor’s Name Student’s Name: Table of Contents Task 1: 2 Description and Working of Company 2 Keys to Success 3 Task 2: 4 Analysis of Marginal Practices: 4 Gross profit ratio: 4 Net Profit Margin: 4 Efficiency Ratio: 4 Current ratio: 5 Quick ratio: 5 Investor Ratio: 5 Collection Period: 5 Financial Analysis 6 Task 3: 6 Management Performances and Constraints 6 Suppliers 6 Customers 7 Investors 7 Marketers 8 Task 4: 8 Plan for Improvement: 8 Company Objectives 8 Promotion Strategy 9 Business Planning & Current Strategy 9 Customers Choice 10 Know the product or idea 10 Know your competitors 10 Assessment of Financial Position of Company 10 References 11 Task 1: Description and Working of Company The focus of this Management of Financial Resources and Performance assignment would be on analysis based on significance of stakeholder and the techniques require making them more effectively managed. Being the soul of any organizations, every organization’s basic goal is to increase the wealth of Stakeholders and fulfill their needs. We have selected The Fat Duckis running and managing by four partners. The Fat Duck is one of the best restaurants chain among all over the UK. It is situated in Bray England, and was developed in 1995. The success of the organization and stakeholders connected with each other so stakeholders lead the restaurant towards success. In 2009 the restaurant achieved...
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...Executive Summary Your company has decided to turn down suppliers who are not fishing in a sustainable manner. This approach to sustainability is superficial. The rejected seafood by your company, not in-line with their sustainability standards, can be readily sold elsewhere. Your company is not providing incentives for the suppliers to reach sustainability goals together. This report provides a recommendation and an implementation plan for your company to achieve their goals while demonstrating true sustainability. With regards to the triple bottom line, your company is focusing their attention on Place (nature) while neglecting the People (suppliers) affected in the change. They intend to increase their profits by differentiating themselves through sustainability but as a fisherman pointed out in the article, it resembles a marketing ploy. Knowing some suppliers would be negatively impacted by the change; Your company did little to ease the transition. In fact, your company made the transition more difficult by moving up the deadline for adopting sustainable practices. The lack of interaction and cooperation between your company and the suppliers makes its sustainability initiative seem questionable. Your company’s competitive strategy is focused differentiation and any organizational actions and stance taken should be derived from its unique proposition. Current state between your company and the suppliers is being managed using a power strategy, leading...
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...Since times of slavery in the United States cotton has meant big business to entrepreneurs in America. Whether it be used in clothes, home furnishings and even in the American dollar, cotton is a major product in many everyday things that we use. No one knows exactly how old cotton is. Although scientists have recovered bits of cotton believed to be dated back over 7,000 years ago! Cotton was first spun by machinery in England in 1730. The industrial revolution in England and the invention on the cotton gin in the U.S. paved the way for the important place cotton holds in the world today. Because of Eli Whitney’s cotton gin, within ten years the value of the U.S. cotton crop rose from $150,000 to more than $8 million. Cotton grows in warm climate and most of the world’s cotton is grown in the U.S., Uzbekistan, the People’s Republic of China and India. In America, the major cotton-producing states are: Alabama, Arizona, Arkansas, California, Georgia, Louisiana, Mississippi, Missouri, New Mexico, North Carolina, Oklahoma, South Carolina, Tennessee and Texas, Florida, Kansas, and Virginia. So needless to say America is definitely a major contributor to the cotton used in our everyday lives. Location is important, but the point of this essay isn’t to tell you all about the facts of cotton. Although cotton has brought in a lot of revenue for all countries involved, what is the cost paid by the citizens and workers? In September thousands of children in Uzbekistan...
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... All products meet Whole Foods Market’s strict quality standards to ensure they are free of artificial additives, sweeteners, colorings, preservatives and hydrogenated fats. Whole Foods market was founded in 1978 and is based in Austin, Texas. Founder and chairman of this company is John Mackey. The company has also some subsidiaries companies Allegro Coffee company, Pigeon Cove, Seafood processing facility, Select Fish, West Coast seafood processing facility and Produce Field Inspection Office. Current situation Whole Foods Market offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, specialty (beer, wine and cheese), whole body (nutritional supplements, vitamins, body care and educational products), floral, pet products and household products. Whole Foods Market operates over 270 stores in North America and the United Kingdom and employees over 54000 associates. The stores emphasize perishable products, which account for about 75% of sales. The company offers more than 15000 items in four lines of private label products. Also since 2007 whole foods market merged with wild oats markets based in boulder, Colorado. Mission The mission of the company are three phrases “whole food-whole people-whole planet” which means that if you cover these three points with you ,you will be successful. Strategy and Policy Whole Foods Market believe in providing exceptional quality products. Their “motto”...
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...chef, who believes that the recipe of success is "hard work, more hard work and marketing". Tommy Miah was born in Sylhet, Bangladesh in 1959, and moved to England with family at the age of 10. There he went to school in Aston Manor in Birmingham, and struggled due to his poor English. He was dying to get out as soon as possible. Tommy married Rina at the age of 16 and has three children Aysha, Rajah, Rajoo and two grandchildren Anisha and Rehan at present. Being interested and naturally talented in Cooking, which he got from his mother, Tommy got a job in one of Birmingham's many Indian restaurants as a kitchen porter, washing pots and pans. Back in his mother’s kitchen, kept on practicing, perfecting and improving the dishes he learned from observing the chefs at the job. Tommy launched his first business venture, a simple takeaway and restaurant in Birmingham's Broad Street, which soon gained popularity for his innovative cuisine, and started attracting an influential clientele, particularly among local footballers including Laurie Cunningham and Cyrille Regis. Looking for a new focus, he then moved to Edinburgh as he believed there was opportunity for a niche in the market to develop a more sophisticated style of Indian restaurant. Soon his new innovative restaurant gained popularity and earned the "Pride in Seafood" award. Branching out, he opened his celebrated Raj Restaurant in Leith, Edinburgh's traditional seaport,...
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...In 1607, English settlers of The Virginia Company chartered voyage arrived in Virginia and founded the first Chesapeake settlement, Jamestown. After the devastating events that occurred during the first few years of the colony, colonist had to make swift changes to survive. The solution to their problems was an already well know crop called tobacco. The colony’s new product began to rapidly produce substantial revenues as the demand skyrocketed in the European markets. However, this did not only make the colonist prosper but the English Empire as well from taxes on all tobacco shipments. This increase in demand caused two fundamental changes to occur: the need for large amounts of land and necessity for a huge labor force. Small farm holders soon became wealthy plantation owners which inspired more people to make the voyage over the Atlantic Ocean in search of either land or work....
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...COMPANY NAME/WEBSITE/INDUSTRY FreshDirect/ Long Island City, Queens New York/ Food delivery Industry. BACKGROUND/HISTORY FreshDirect offers online grocery shopping and delivery service to more than three hundred zip codes in New York. Additionally they offer pick up service at one location in Long Island. The idea behind this company is to give the customers the freshest food possible by buying it straight from the grower, and then delivery it the next day after the customer’s order is placed. They specialize in delivering over 3,000 items including seafood, fruits, vegetables, coffee, meats and cheeses, and items from the bakery. This company was launched by Joseph Fidele and Jason Ackerman in 2001. Jason Ackerman is the company’s current CEO. Since they are a privately owned company profit information isn’t readily available but it is estimated that the company increased revenue in 2009 by $20 million and estimated $250 million in 2010. http://www.forbes.com/2010/06/29/freshdirect-online-grocery-braddock-cmo-network-grocery.html “Ackerman says FreshDirect now does 25,000 orders per week. Many customers are attracted by the $50 worth of free food that comes with a first order; others by prices that can be 10 to 15 percent lower than neighborhood stores. FreshDirect says it retains about half the customers who try the service, and that the company began turning a profit this January. “We make money doing this. Period. The end,” Ackerman says. “We’ve got lots of money in our...
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...Maine Penny. The first European settlement in Maine was in 1604 on Saint Croix Island, by Pierre Dugua, Sieur de Mons, including Samuel de Champlain, the noted explorer. The French named the entire area Acadia, including the portion that later became the state of Maine. The first English settlement in Maine was established by the Plymouth Company at Popham in 1607, the same year as the settlement at Jamestown, Virginia. The Popham colonists returned to England after 14 months. Two Jesuit missions were established by the French: one on Penobscot Bay in 1609, and the other on Mount Desert Island in 1613. The same year, Castine was established by Claude de La Tour. In 1625, Charles de Saint-Étienne de la Tour erected Fort Pentagouet to protect Castine. The coastal areas of western Maine first became the Province of Maine in a 1622 land patent. Eastern Maine north of the Kennebec River was more sparsely settled and was known in the 17th century as the Territory of Sagadahock. A second settlement was attempted at a place called York, in 1623, by English explorer and naval Captain Christopher Levett, granted 6,000 acres by King Charles I of England. That...
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...Project One Activity 1 The four countries I have selected from the given groups include China, United Kingdom, United States and Nigeria. Group 1~ China Demographics China has the largest population in the world. “One Child Policy” has been implemented in China since 1979 which have helped to prevent an extra 400 million births to the country. According to the fifth Census, China’s population was 1.3 billion. China has 1 majority which is called “Han” and 55 minorities. Economic system In the first 30 years after the founding of the PRC in 1949, China’s economic system was planned economy. In 1978, the household contract responsibility system was introduced in the rural area. In 1984, the economic restructuring shifted from the rural areas to the cities. In 1992, China established the socialist market economic system. Culture and Social Structure China’s history is more than 5000 years with diverse customs and traditions. Every ethnic group has its own culture, even some have their own languages and words. There are many dialects in China, and the main language is Mandarin. People’s tastes are varied as well. People from the South prefer sweet, people from the North prefer salty, while Eastern people like spicy and Western people like sour. Legislative System China's legislation includes the legislation of the National People's Congress and its Standing Committee, regulation making by the State Council and its relevant departments, as well as the legislation...
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... Bacon supporters during rebellion: mostly former indentured servants, no property, unemployed, eager for land, large, unstable 12. Result of Bacon’s Rebellion: Virginians recognize interest in avoiding social unrest from below→ turned to slave trade V. The Growth of New England A. Religious Repression: England- Puritan Separatists imprisoned/killed for defying...
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...Alaska Brand Audit Brand Inventory History Alaska has been a unique brand for many years. Originally known as Russian America because it was owned by Russia, the origin of the name Alaska is a misconception from the first Russian explorers to venture into Alaskan waters (the original Aleut word "alaxsxaq" literally meaning "object toward which the action of the sea is directed"[Alaska]). When the United States bought Alaska, even though the price was only two cents an acre, it was known for many years as “Seward’s Folly” or “Seward’s Icebox”, after William Seward, the Secretary of State who was primarily responsible for pushing the purchase from Russia through Congress. In the early days Alaska’s brand image was mostly negative. It was known as the “Frozen North”, the “land of ice and snow”, the “land without summer”. Many of these images are from the stories and poetry of Robert Service, Jack London and their contemporaries. A good example of this writing is the poem “Cremation of Sam McGee”— see appendix II, (Service). All these extreme brand images dominated perceptions of Alaska prior to the discovery of gold in the Klondike in the late 1800s. After gold was discovered these negative perceptions were softened somewhat, though they remained rather negative—in large part due to the difficulty of living in the far north. Our Brand Survey We did a brand audit of Alaska to see how well Alaska has worked past these harsh criticisms. To accomplish this we surveyed...
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...after the takeover, the group’s share price reached a peak of almost 400 pence. But then it began to decline dramatically to a low of less than 50 pence. Recently it has risen to 80 pence because of strong interest from a powerful predator, the restaurant chain Icarus. Group Bon Appetit: Key facts Three restaurant chains in London and South East England • Bon Appetit 22 restaurants • The Seashell 10 restaurants • Innovia Cafes 16 cafes Planning a nationwide expansion • 10 new restaurants next year • A further 20 within the next three years ------------------------------------------------- Innovia Cafes * ------------------------------------------------- All income groups, all ages, family-orientated clientele * ------------------------------------------------- Good food and drink at affordable prices * ------------------------------------------------- £5-£10 per person ------------------------------------------------- The Seashell * ------------------------------------------------- Middle-income groups, 25-60 year olds, mixed clientele * ------------------------------------------------- Seafood a speciality * ------------------------------------------------- £15-£30 per person ------------------------------------------------- Bon Appetit * ------------------------------------------------- Higher-income groups, 25-50 year olds, loyal clientele * ------------------------------------------------- Top-class cuisine *...
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...BP’s full name is British Petroleum. It is one of the world’s largest oil and gas company which has its headquarter in London, England. The initial name of BP is the Anglo-Persian Oil Company in 1909; in 1954 it changed to its present name British Petroleum. It is combined and reconstructed by the former British Petroleum, Amoco and ARCO (Atlantic Richfield Company). BP’s business has spread to many fields including oil and natural gas, alternative fuels, the production of petroleum based product, aviation fuels and its business about the solar electric power generation is also growing very fast. Since 1981, BP has set up 12 branch companies successively in many fields such as mineral, food, ship, international finance, international detergent with its business spread to more than a hundred countries all over the world. BP has nearly 110,000 employees work all over the world. In 2003, BP is ranked on the FORTUNE as the first five global top 500 companies. Deepwater horizon oil spill and deepwater horizon explosion On 20th April, 2010, the Gulf of Mexico suffered a lot from a great catastrophe of oil spill. The drilling platform of the British Petroleum Corporation exploded in the deepwater horizon in the Gulf of Mexico which led to 11 workers death and very severe environment pollution. This event is regarded as the most severe oil spill incident in the history of America.。 Many people are curious about this catastrophe and people did not know what cause it and what actions...
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...BP’s full name is British Petroleum. It is one of the world’s largest oil and gas company which has its headquarter in London, England. The initial name of BP is the Anglo-Persian Oil Company in 1909; in 1954 it changed to its present name British Petroleum. It is combined and reconstructed by the former British Petroleum, Amoco and ARCO (Atlantic Richfield Company). BP’s business has spread to many fields including oil and natural gas, alternative fuels, the production of petroleum based product, aviation fuels and its business about the solar electric power generation is also growing very fast. Since 1981, BP has set up 12 branch companies successively in many fields such as mineral, food, ship, international finance, international detergent with its business spread to more than a hundred countries all over the world. BP has nearly 110,000 employees work all over the world. In 2003, BP is ranked on the FORTUNE as the first five global top 500 companies. Deepwater horizon oil spill and deepwater horizon explosion On 20th April, 2010, the Gulf of Mexico suffered a lot from a great catastrophe of oil spill. The drilling platform of the British Petroleum Corporation exploded in the deepwater horizon in the Gulf of Mexico which led to 11 workers death and very severe environment pollution. This event is regarded as the most severe oil spill incident in the history of America.。 Many people are curious about this catastrophe and people did not know what cause it and what actions...
Words: 2694 - Pages: 11
...BP’s full name is British Petroleum. It is one of the world’s largest oil and gas company which has its headquarter in London, England. The initial name of BP is the Anglo-Persian Oil Company in 1909; in 1954 it changed to its present name British Petroleum. It is combined and reconstructed by the former British Petroleum, Amoco and ARCO (Atlantic Richfield Company). BP’s business has spread to many fields including oil and natural gas, alternative fuels, the production of petroleum based product, aviation fuels and its business about the solar electric power generation is also growing very fast. Since 1981, BP has set up 12 branch companies successively in many fields such as mineral, food, ship, international finance, international detergent with its business spread to more than a hundred countries all over the world. BP has nearly 110,000 employees work all over the world. In 2003, BP is ranked on the FORTUNE as the first five global top 500 companies. Deepwater horizon oil spill and deepwater horizon explosion On 20th April, 2010, the Gulf of Mexico suffered a lot from a great catastrophe of oil spill. The drilling platform of the British Petroleum Corporation exploded in the deepwater horizon in the Gulf of Mexico which led to 11 workers death and very severe environment pollution. This event is regarded as the most severe oil spill incident in the history of America.。 Many people are curious about this catastrophe and people did not know what cause it and what actions...
Words: 2694 - Pages: 11
