Journal of Business Strategy Nokia: a case study in managing industry downturn Raúl Carral Markus Kajanto Article information: To cite this document: Raúl Carral Markus Kajanto, (2008),"Nokia: a case study in managing industry downturn", Journal of Business Strategy, Vol. 29 Iss 1 pp. 25 - 33 Permanent link to this document: http://dx.doi.org/10.1108/02756660810845679 Downloaded on: 05 November 2014, At: 03:22 (PT) References: this document contains references to 10 other documents. To copy
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REVENUE CYCLE: SALES TO CASH COLLECTIONS ------------------------------------------------- DEFINITION OF REVENUE CYCLE The recurring set of business activities and data processing operations associated with: * Provides goods and services to customers * Collects cash in payment for those sales Primary Objective: * Provide the right product * In the right place * At the right time for the right price ------------------------------------------------- BASIC REVENUE
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person with the checking account. Example Three: An individual buys a municipal bond for an airport improvement project. The individual usually buys a municipal from a bond dealer, an investment banker marketing the bond, and the funds from the sale of the bond are delivered to the city minus a fee from the investment banker. The city uses the funds to build new facilities at the airport, for example a new parking lot. Once finished the fees received from parking are used to payback the buyer
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the O.M Scott & Sons Company has operated in the lawn care industry since 1868 and has grown into a successful business with a positive outlook. In fact, management within the company set an ambitious goal of increasing annual growth rate in sales and profits to 25% in the year 1959. According to management, one of the main factors limiting O.M Scott & Sons companies’ growth was the inability for their dealers to carry a sufficient amount of stock for customers. However, company officials
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Current Liabilities is the main theme of the theory of working Capital management. WORKING CAPITAL OR OPERATION CYCLE (O) The objective of the financial decision-making is to maximise the shareholders' wealth. To achieve this, it is necessary to generate sufficient profits, it depends on the amount of sales. But sales do not convert into cash immediately, there is a time lag between the sale of goods and the receipt of cash. First the cash is converted into Material stock, then Material purchased transferred
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Amazon’s: The Ethical Collection Executive Summary: Amazon.com the online retailer has many different verticals for its ecommerce site. The retailer has set many bars and has many different aspects that make it a heavy hitter in sales on it the ecommerce industry. The vison for Amazon.com 2.0 will consist of incorportaing an ethical brand line extension, The Ethical Collection. Our goal is to inform our shoppers on a environmentally friendly form of shopping for garments and bring awareness so
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Management Importance of WC Management Classification/Type of WC A On the Basis of Concept (i) (ii) Gross Working Capital Net Working Capital (Positive & Negative Working Capital) Methods of estimating WC - Conventional Method Operating Cycle Method Cash Cost Method Balance Sheet Method B On the Basis of Periodicity (i) Fixed / Permanent Working Capital (Regular & Reserve Margin/ Cushion WC) (ii) Variable Working Capital (Seasonal & Special Working Capital) Parag Nalin
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3.84 | 3.57 | 2.21 | 4.17 | Average No. of Days | | | | | | Average inventory processing period | 44 | 42 | 45 | 91 | 33 | Add: Average receivable collection period | 77 | 74 | 79 | 107 | 68 | Operating cycle | 120 | 116 | 124 | 197 | 101 | Less: Average payables payment period | 26 | 21 | 22 | 32 | 13 | Cash conversion cycle | 94 | 95 | 102 | 166 | 88 | Pfizer Inc., short-term (operating) activity ratios Ratio | Description | The company | Inventory turnover | An activity
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more important in the healthcare industry than in many other industries” (Cleverley, Song & Cleverley). Cash management is defined as” processes and techniques focused on the acceleration of receivables and the cash conversion cycle. Reduction of the cash conversion cycle, along with the related investment of surplus funds, should be a critical objective of financial managers” (Cleverley, Song & Cleverley). Good cash management is the key to a successful business. Cash management is especially
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promising future, yet needs to apply sound managerial financing policies to continue to be competitive in this market. The sole owner, Keith Clarkson, is dedicated to his profession and has a good reputation among his suppliers and customers. CLC's sales have been consistently growing over the past several years, rising 19% from 1993 to 1994, 30% from 1994 to 1995, and are expected to rise 21.7% in the current year, 1996. The company's products are in demand in the growing Pacific Northwest metropolitan
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