Diploma in Commerce Business Environment Introduction Assignment 2 DipMM2 There are a variety of factors that will affect how a business will operate, and decision implement that will change a business. Using SWOT analysis and Porter’s forces we will be able to better dealt with the problem that a business is facing. SWOT stands for strength, weakness, opportunities and threats. Understanding these 4 points in SWOT analysis will enable us the knowledge of business environment we are dealing
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Mobile computing has revolutionized the way we do business, shop and communicate. Let’s break down briefly how mobile computing has an effect on each of the Porter’s five forces. 1. Bargaining Power of Suppliers Mobile computing gives suppliers more bargaining power, especially with the integration of social networking. There is variation of services and personalization that is readily available with so much customer input. Considering supplier costs, development is either costly or it isn’t
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QUESTION # 1: A retailer has yearly sales of $650,000. Inventory on January 1 is $260,000 (at cost). During the year, $500,000 of merchandise (at cost) is purchased. The ending inventory is $275,000 (at cost). Operating costs are $90,000. a. Calculate the cost of goods sold b. Calculate the net profit PART A: Cost of goods sold = = = = PART B: Net Profit = Gross Profit – Operating Expenses Cost of merchandise available for sale – cost value of ending inventory ($260,000 + $500,000) - $275,000
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Netflix Case Analysis Key Strategic Issue This article is about the past business history and current business situation Netflix company is in. The case begins talking about how Netflix started with a bang making positive profits and revenues, but has recently hit some trouble due to strategic mishaps negatively affecting the company. The article then begins to describe the industry and various competition within it, and how they do business. There is some information on market trends in home
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Organised Retail Industry – India Indian organised retail market is only about 8% of the total domestic retail market. It is expected that this sector will grow to about 20% in the next 8 to 10 years. This is a huge opportunity area for any company with a good financial capacity and market knowledge. [pic] Major portion of the existing market share is with Indian companies with a few Joint Ventures of global giants. FDI policies of India have not been very conducive to the entry of global
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Avoid taking on new customers with bad credit. Pull a copy of the potential customer's credit report to look at their bill-paying history, and verify that no bankruptcy has ever been declared. Obtain a list of suppliers that currently work with the potential customer, and call them to see if they have a satisfactory payment record. Requesting a copy of the potential customer's balance sheet to review their assets and liabilities is also recommended for a bigger picture of the business.
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A SWOT analysis of Netflix inc Netflix provides agricultural products for farmers in the United States and offers its subscribers access to a library of television, movie and other filmed. Nowdays,Netflix reinvented the home video rental model by employing innovative customer service and new technologies. And this gives the company a serious first mover advantage. The outlook of external market conditions is positive. If Netflix decides to stay and compete it needs to (1) keep innovating to maintain
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Center of International Programs International Cultural Exchange School Donghua University Undergraduate Research Project: Motivations for impulsive buying behavior and the effective marketing strategies selling grocery products Case: CITY SHOP By: Ilja Khanan Nationality: Germany Major Business Administration Student ID: 113110246 Supervisor: Nikola Zivlak Date: June 2014 Abstract For over sixty years, marketers and consumer researchers have
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1. Currently, the food retail industry is a highly competitive market in Australia as a great number of retail supermarkets are competing for the largest market share in this market, with giant retail companies such as Woolworths, Coles, IGA and Aldi sharing the main market. More so than ever, organizations need to offer customers value for money. Customers want the best quality products at the lowest possible prices. With such tough competition it is vital for organizations to understand what their
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changing, a majority of the organisations surveyed indicated their intentions of automating their invoicing systems (e-invoicing), this is according to a survey conducted by Ardent partners that indicates 41% of organisations intend to embrace business commerce networks that incorporate e-invoicing. E-invoicing is a key component of an automated Accounts Payable, it results into a more efficient and cost effective way of handling finances which is a
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