...Tesla Motors: SWOT Analysis Tesla Motors designs, develops, manufactures and sells high performance fully electric vehicles, advanced electric vehicle, powertrain components and stationary energy storage systems. Political, economic, socio-cultural and technological factors have influenced Tesla in complex ways since Tesla is a big player in the EV industry – one of the non-traditional automobile industry segments. The political factors have mostly favored Tesla since the government gives subsidies, tax rebates for EV manufacture. The general economic growth in the US economy have favored Tesla but decreasing oil prices and increasing labor prices have acted as threats to Tesla. The go green concepts have favored Tesla but unfamiliarity around the EV technology have posed threats to Tesla. However, limitations by way of battery technologies and charging of batteries have posed threats to Tesla even though technological developments are taking place in the EV industry around battery and charging technologies The overall threats of micro forces is medium based on porter’s 5 forces analysis. The threat for the substitutions is high and threat from rivals is medium due to few rivals who can match the quality of Tesla cars. There seem to be least threats from suppliers since they are not specialized in EV industry and buyers due to direct sales. More details are provided in exhibit 2 as given below The company has established a good value chain by its own network of sales...
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...Atmospheric Issues Ramrit Rai ENV/100 September 9, 2015 Professor Suman Ghosh Atmospheric Issues There is an opening for a new business in the City of Sparksville. There are three businesses that are trying to land the opportunity of opening a business in the city. The first is a distribution warehouse, a hybrid car factory and an oil refinery. Each of these businesses has its pros and cons that will affect the city in different ways. Impact on Pollution One of the major effects that a new business in the city can have is on the environment. There is a possibility of an increase in pollution of the waters and air of the city. Bringing in a distribution warehouse would have the least amount of impact on the city in terms pollution but the increased amount of trucks for the shipping would cause an increase in the emissions which in turn would affect the air quality in the city. The amount of jobs this business would bring to the city is not a proper recompense for the increased pollution. The hybrid car factory is a choice that would balance the pollution caused with the increased amount of jobs and the bump in the economy of the city. The car factory has the ability to sustain the economy for the future and not just for the present. The oil refinery while it brings the most jobs to the city will have the largest adverse effect on the environment of the city. An oil refinery is the most controversial business that we can bring into the city. Impact on the Population ...
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...Many households and companies alike are still trying to create and grow to improve today’s economic climate. Opening up a small concrete organization and dealing with the general public and building clientele might earn potential income. When starting and opening a new business, several expenditures occur and difficult task are required that are essential in the beginning stages. When thinking about starting a business there are certain factors that are required to be analyzed for example workers, material, vehicles, factories, and funds. When the company investment is thought and prepared nicely the organization will grow to become lucrative along with an achievement. The initial step when starting a business is to frankly obtain a financial loan for the location and a loan for the machines and suppliers that will be needed. The concrete factory will not be a new operational business as it will be bought from an earlier proprietor who has gone bankrupt. Though I am acquiring the business all the machines and factory are for sale. The building itself will sit on 5 acres land and have a total of 10 vehicles associated with the company. The vehicles will contain 8 ready mix trucks, one hauling truck and one bulker truck. The total expense to purchase the factory is estimated at $1,086,742.30. The bank is ready to finance the loan at a 5.50% fixed rate of interest during a period of 5 years, which would result in the monthly installments of $20,758.04. The next stage is to acquire...
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...Strategic Plan: The Cheesecake Factory STR 581 March 31, 2014 Dr. Patricia Dues Strategic Plan: The Cheesecake Factory Table of Contents Executive summary 3 Mission and Vision Statement 3 Company Overview 3 Environmental Scan 4 External Environmental Analysis 4 Internal Environmental Analysis 5 Value Disciplines 7 Generic Strategies 8 Grand Strategies 8 Recommended Strategy 9 Implementation Plan 9 Objectives 10 Functional Tactics 10 Action Items 11 Milestones and a Deadline 12 Required Organizational Change 12 Risk Management and Contingency Plan 12 Conclusion 13 References 14 Executive Summary Mission and Vision Statement The mission of The Cheesecake Factory is to create an environment where absolute guest satisfaction is the highest priority. The vision statement is as follows: Through a shared commitment to excellence, we are dedicated to the uncompromising quality of our food, service, people and profit, while taking exceptional care of our guests and staff. We will continuously strive to surpass our own accomplishments and be recognized as a leader in our industry. (The Cheesecake Factory, 2014) Company Overview “The Cheesecake Factory restaurants provide a distinctive, high quality dining experience at moderate prices by offering an extensive, innovative and evolving menu in...
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...Facts: Books Galore Pty Ltd is an Australian resident company that is a wholesaler of books. They have a large factory based in Sydney with approximately 20 staff. The majority of staff work in sales and in the factory. The information relates 2011/2012 tax year: Item | Amount ($) | Status | Sales (2011/12 tax year) | 2,600,000 | Both on cash and credit | | 2,200,000 | Cash received | | 400,000 | Not received, receivable | Sales (2010/11 tax year) | 180,000 | Cash received | Written off debt (2010/11 tax year) | 20,000 | Bad debt(Because the coaching centre went bankrupt) | Trading stock in 2011/12 tax year Opening stock | $600,000 | Purchases | $4,200,000 | Closing stock | $800,000 | Information related to computer system: Items | Amounts ($) | Time | Install a new computer system | 16,000 | 1st September 2011 | Cost of computers | 14,000 | | Labour | 2,000 | | Disposal of old computers | 2,000 (adjustable value 6,000) | 1st September 2011 | Notes: The new computer system has an effective life of 5 years. The company uses the prime cost method of depreciation. Other deductible expenses: $230,000 (deductible under s 8-1). Issue: Calculate the taxable income of Books Galore Pty Ltd for 2011/12 tax year. Answer: Income in terms of sales: The income for the year would be determined on an accruals basis. The related cases could be Carden’s case, Barratt & Ors v FCT, and J Rowe and Son Pty Ltd v FCT. In Carden’s case, it claims that professional income...
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...Table of contents Introduction 12 Body 13 3.1 Explain the purpose and nature of budgeting process which should normally be taken in the preparation of budgets for Glentruan Furniture Ltd. 13 Budget 13 Purpose and nature of budget 15 Purpose 15 Nature 15 3.2 Select appropriate budgeting methods for new product line and its need. 16 Incremental budget 16 Zero based budget 16 Different between zero based budgeting and incremental budget 16 Fixed budget 17 Flexible budget 17 Different between fixed and flexible budget 17 Functional budget 18 Sales budget 18 Production budget 18 Direct material usage budget 18 Direct material purchase budget 18 Direct labor budget 18 Factory overhead budget 18 Selling and administration budget 18 Cash budget 19 Master budget 19 3.3 Prepare budgets according to the chosen budgeting methods based on the given information in the scenario. 20 Sales budget 20 Production budget 22 Direct material usage budget 23 Direct material purchase budget 26 Direct labor budget 28 Factory overhead budget 30 Selling and administration budget 34 Departmental budget 35 3.4 Also prepare a cash budget. 38 Cash budget 38 Master budget 42 Budgeted profit and loss 42 Budgeted balance sheet 43 Final review 46 Budget committee 47 Working capital 47 Liquidity ratio 47 ROCE 47 4.1 Calculate variances, identify possible causes and recommend corrective action. 48 4.2 Prepare and operating statement...
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...This period in our country made these changes due to increased efficiencies in the production of goods, the Government sponsored expedited completion of the transcontinental railroad provided people the ability to travel faster and more safely. We saw that our leadership in general was subject to corruption and also, our leaders had to take note of the plight of the working man and make laws to improve their conditions. The efficiencies in the production of goods and the availability to provide those goods to the majority of the population led to changes in what kinds of work were available and who earned money. The opening of the West, via the transcontinental railroad, provided a much needed opportunity to the bulging population of the East, as well as a needed place for newly freed slaves to start new lives. The railroads did more than provide the opportunity for the population to expand. There was also a great opportunity to have goods be provided for a large market than the traditional local store. Due to the timeliness of the railroads as opposed to traveling via horse or wagon, manufactures could get their products to the masses, in mass. The packaging of those products also extended their shelf life, allowing them to make the journey on the rails. Improvements to the country’s transportation infrastructure, via the railroad, resulted in the populace travelling far to ‘colonize’ the once difficult to reach locations of the country. This railroad...
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...Table of Contents I. Introduction | ----------- | Pg. 2 | I.1). Name of Restaurant Chosen | ----------- | Pg. 2 | I.2). The Place we were visited | ----------- | Pg. 2 | I.3). Background of Secret Recipe | ----------- | Pg. 2 | II. Menu format use in the restaurant | ----------- | Pg. 4 | III. Factors affect menu pricing in restaurant and ways to reduce food cost | ----------- | Pg. 5 | IV. Management Component | ----------- | Pg. 6 | V. Conclusion | ----------- | Pg. 8 | VI. Referencing | ----------- | Pg. 10 | Included Originality Report | | | Included Presentation Slides | | | I Introduction 1) Name of Restaurant Chosen: Secret Recipe Cakes & Café SD Bhd. 2) The Place we were visited: Secret Recipe Song Plaza 3) Background of Secret Recipe a) Secret Recipe had been established for 11 years. Start from 1997 until today, secret recipe had success and expanded about 200 outlets in Malaysia. A Malaysian, Dato Steven Sim, founded secret Recipe at 1997. It is a simple restaurant and is the only one outlet at Malaysia. The founder used the only outlet as the pilot operation to test how Malaysian peoples can accept the restaurant that are more focus on several flavors of cake. In a while, Secret Recipe started to become famous since 2000 and the founder start to franchise it with his friend. At 2001, the franchise model is workable and the franchisor opened the business option for all the franchisees that have potential...
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...WWI affected the USA in a positive way because of new job openings in the arms, army, clothing and food industries. In addition, the United States gained a lot of money through selling guns and arms to the Europeans, other places across the globe, or to allies. WWI had a positive benefit to the USA because it was that men realized that they could no longer do all the work once they went out to war and that they needed women to help them with the war. WWI opened new jobs for americans WWI opened new jobs for Americans, especially in the arms, army, food, and the clothing factories. This also applied to women. Proof also showed there were new job openings for people in the guns and arms making industry. This proves that women had the chance...
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...just bought were probably made in a third world factory by employees who are probably working in harsh working conditions. These factories are not owned and operated by Nike, but contracted by Nike. Nike chooses to locate the majority of their production in such countries because of the abundance of cheap labor. Nike contracts factories around the world in effort to get the best product for the cheapest price made, without concern for contracted factory employee. Nike has not been concerned about what goes on in these factories only that the product is made, because Nike is not in the business for Human Rights, they’re in the business of athletic shoes sales. The Ethical Dilemma Nike has been accused with human rights violations. The charges that were made against Nike include the following: the use of child labor in factories, unsafe working conditions including exposure to toxic chemicals and the use of machinery without the proper safety precautions, pay below minimum wage and forced overtime hours. The contracted factories Nike uses to produce its shoes have not operated in a way as to promote human rights. This becomes an ethical dilemma for Nike. The ethical dilemma Nike faces is whether or not to continue to benefit from cheap labor practices or spend more money to allow the contracted factories to improve its working conditions. Although Nike is profiting from the cheap labor cost of production, the contracted factory is employing...
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...as durable trousers for farm workers and miners in the states of the American west. A Nevada tailor, Jacob Davis, had the idea of using copper bolt sat the corner of the pockets to make them stronger. They became popular instantly and soon many people bought them. Although Davis knew that he had a great product which many people wanted to buy, he didn’t have the money to patent it. He asked Levi Strauss, who supplied him with cloth, to help him out. The two worked together and started making jeans out of denim, which was more comfortable and could be easily stretched. It also became softer as it got older. They were dyed with indigo because it did not go through the cloth like other dyes do. Initially, jeans were simply sturdy trousers worn by factory workers. During this period, men's jeans had the zipper down the front, whereas women's jeans had the zipper down the right side After James Dean popularized them in the movie...
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...Financial Statement Overview of Cheesecake Factory (CAKE) Allison Burke-Rush FIN/575 June 27, 2016 Jeffrey Hough Abstract The Cheesecake Factory(CAKE) operates throughout the United States and Puerto Rico as a full-service casual dining restaurants. They are known by their delicious varieties of cheesecakes. Currently, the Cheesecake Factory own and operate over 202 restaurants and continue to growth at a steady rate. The growth in sales have gain more than doubled earning in the past three years. The shares of Cheesecake Factory Inc., mean rate according to NASDAQ: CAKE is 2.55. Four analysts have recommended the shares as buy, while another three recommends as outperform, and fourteen recommends to hold. In its latest quarter which ended March 31, 2016, NASDAQ reported their earnings as $0.61. With them continues to gain profit, Cheesecake Factory is looking toward opening as many as eight restaurants by the end of this fiscal year. Financial Statements Results The Cheesecake Factory financial results for the first quarter of 2016, which ended on March 29, 2016, total revenues were $553.7 million, compared to last year first quarter which was $518.0 million. Their net income was declared per share as $34.0 million and $0.68, in the first quarter 2016. The Cheesecake Factory restaurants increased 1.7% of the first quarter of 2016. The importance of this growth let marketing know they are on the right track when it comes to advertising and promoting their...
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...Summary Ghirardelhi Chocolate Factory is a confectionery manufacturer franchisor with 30 stores in 4 states viz Mumbai Tamil Nadu, Bangalore and Chennai. It is in the business of premium chocolates and other confectionery products. The business believes that it should seek opportunities to continue to their growth by providing good quality, variety, comfortable store ambience and atmosphere. Market penetration will create strong name recognition, which is essential for the company’s expansion plan. The management of Ghirardelhi Factory is the responsibility of the franchisee that commits to continue the growth of the business. This is part of an expansion strategy as the company always plans to open company-owned and franchised stores. The franchised stores enable the company to open more stores quickly with no capital investment. Our consumers are mainly corporate employees and impulse buyers, Our business is proposing Metro Mall in Chennai as the next site location. This location has all the essentials needed for Ghirardelhi Factory to continue its tradition of selling chocolates to its target market,. Ghirardelhi Factory will continue to provide quality confectioneries to corporate.. The in-store demonstrations of chocolate are sure to satisfy the sweet tooth of our client base. Ghirardelhi Factory Overview In 1981, S. Vasudevan and his family in the sub-urb town of Delhi, founded Ghirardelhi Factory, which has grown to be franchisor...
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..."putting-out" system to the rise of the factory system. What would be the economic and social implications of this change? (Class notes and Bentley & Ziegler, chapter 29) World population was growing, so there was a demand for more finished products. Before the factories, products were produced out of people’s homes and the process took a lot of time. The factories opened and centralized the materials (and people making the products) getting made to one place. The rise of factories came about with new technologies and new machines. Entrepreneurs worked with scientists (engineers) to make machines to mass produce the goods. Started with the textile industry (imported from India and then British government banned the imports of textiles from India and then the demand became greater) because the demand for textiles was not being met with the “putting out” system. Spinning machines made thread and then the flying shuttle would weave to make cloth. Social implications included opening of schools – even for women on a positive side and as a negative side, it led to overcrowding in the cities (which led to theft and prostitution), unemployment (people traveled to the cities to work in the factories and there weren’t enough jobs to go around), health concerns (sanitation and pollution) and child labor. Economic implications would include the rise of the two different classes – Capitalists (bankers, merchants, factory owners) and the working class (factory workers). 2. Discuss the population...
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...International 36 Topics: FAST RETAILING ANNUAL REPORT 2009 21 UNIQLO Business Model One year before launch Development and procurement of materials R&D Proposals Marketing (Sales promotion) (Designers/Pattern makers) Price negotiations Designs Sales promotion plans Samples Materials manufacturer (External) Merchandising Samples Order design sample Production volume guidance Production departments Production planning Takumi Technical guidance Guidance for adjusting production Feedback Customers’ opinions and requests are fed back to merchandising, materials development, production and stores Feedback Quality control/Monitoring of production schedules Six months before launch Partner factories (External) Products arrive at warehouse Warehouse (External) Order guidance Inventory control Place orders Markdown guidance Sales begin Stores and online sales Customer Center Opinions Customers UNIQLO operates a SPA (Specialty store retailer of Private label Apparel) business, which means that its activities are fully integrated from design through production and retailing. Under its SPA business model, UNIQLO controls all stages of the supply process, from development of materials to R&D, design, production, quality control, marketing, sales and inventory adjustments. This makes it possible for UNIQLO to supply customers with products with reasonable prices and high quality. Moreover, this business model,...
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