Kingsford is the charcoal industry – it cannot afford to not advertise, both during prime grilling season and in the currently non-cultivated “off-season.” There is a direct correlation between advertising dollars and sales volume, as demonstrated by the 7% incremental volume increase due to advertising in targeted markets in 1998. That strategic advertising also resulted in residual accrued benefits in 1999 with an estimated 3-4% volume increase. Specifically, Kingsford must increase advertising to targeted markets during non-traditional grilling times such as fall tailgating season and NASCAR in the spring. Such targeted markets include key NFL cities and college football towns. As discussed further below, Kingsford should also introduce a new line of organic “gourmet” charcoal.
The sustainability of the method is also beneficial, as long term the area can be re-used and developed on. The 6000m long, multi-million pound development Liberty National Golf Club, found in New Jersey America, is such an example. Whilst the Economic benefits of landfill sites are obvious, there are many serious negative impacts of this waste management method. Environmentally, landfills are bad because of the leachate. This is a process
The summer of 2000 showed a softening in the overall charcoal category and some consumers switching to gas grilling due to increased pricing. Research analysis showed that the charcoal category declined in growth from 4 percent in 1998 to 2 percent in 1999. While competitors such as Royal Oak and private label brands increased their prices, Kingsford was faced with the question of whether they should do the same. Upon receiving all the necessary data and information, brand managers Marcilie Smith Boyle and Allison Warren focused on four areas of development: pricing, advertising, promotion and production capacity. The 10 percent increase of private label bags led to some consumers switching to gas grilling and others moving to the Kingsford brand, increasing its market share.
Jeffrey Owens April 19, 2011 Geography, 100 Removing the Purple Mountain Majesties The use of Coal in America has become second nature to United States citizens, and American corporations. Coal is used for energy across the U.S., and is very important to the economy and the structure of our nation. Using coal for electricity has become as American as hot dogs and automobiles and while coal is very necessary and useful, some as destructive and controversial views some of the means by which the coal is recovered. Mountaintop removal has is one of these means of obtaining coal, and has sparked interest and outrage across America. Although the benefits of coal are numerous and extensive, Mountaintop removal is detrimental to the environment
Majestic Case Study January 28, 2015 Relevant Facts: * Privately held company * No regulations * Compliance with GAAP not required * Southern hotel in four different regions * Clientele: cater to high end business and vacation travelers * Financial implication Bank loan covenants (leads to audit implications) * Risks of default * How close is the company to being in default * Want to use analytical procedures as a substitute for substantive tests * Asheville location was closed for a week KPMG Judgment Framework Audit Issues: 1. Is sleeping room revenue fairly stated? 2. Are analytical procedures sufficient evidence to validate the accuracy, existence, and completeness of the sleeping room revenue? Alternatives: 1.
SEK95/US$12.5 per SDR (no discount to market price) SEK16,295 mln./US$2,130 mln. The first Russian equity issue since summer 2008 The first Russian convertible bond offering since end of 2007 Strong demand from various types of investors – both books multiple times oversubscribed Both issues upsized: convertible bonds - US$40m, equity - US$25 mln. The SDRs placed without discount to market price P/E and EV/EBITDA premium to Russian oil companies Convertible bond provided Alliance Oil with best pricing and large size financing while most other public markets were closed or unattractive ■ Alliance Oil Company Ltd (formerly West Siberian Resources) is a leading independent oil company with vertically integrated operations in Russia and Kazakhstan Alliance Oil has proved and probable oil reserves of 487 million barrels, oil production 45 thousand barrels per day, refining capacity of 70 thousand barrels per day and a network of gas stations and wholesale oil products terminals Alliance Oil is listed on NASDAQ OMX Nordic (Stockholm) ■ Offering size, US$: Greenshoe: Offering price: Post-offering Market Capitalization: Primary/secondary: Listing: ■ Deal success factors ■ ■ ■ Steady growth in major stock market indices in the last 3 months Oil price recovery in 1H 2009 Strong investment case: Alliance Oil remains the only vertically integrated independent oil producer in Russia Alliance Oil offers operational flexibility through its vertically integrated structure, long-term
As time went by, trading went beyond familiar shores. Merchandise and commodities were taken to the foreign lands of Europe. In medieval Europe, spices were considered more precious than gold. Curries and peppers were used to preserve and flavour meats. These spices were of economical importance as it was too expensive to feed animals through long winters and was more cost effective to slaughter and preserve the meat over the winter months.
Despite the increase in sales, the overall stock value decreased in 2013 when the owner Outerwall cut the forecast on overall revenue and profit, as discussed in The Seattle Times by Edwards. SWOT: Strengths: * No monthly subscription * Costs of kiosks and maintenance is minimal * Conveniently located in well-known retailers such as Wal-mart and Walgreens * Offers a variety movies and games to consumers of different age
This has constrained their opportunities for economic development and improved living standards. They rely on traditional biomass sources such as wood fuel, agricultural residues, and animal dung to meet their basic energy needs (WHO 2006). The growth of towns and cities in most developing countries of Africa necessitated the need for more charcoal. The estimation therefore is for each 1% increase in urbanization, there is a 14% increase in charcoal consumption (Hosier et al. 1993).
The purchasing agreements between contracts suppliers were never compared, thus the pricing and terms of the contract varied greatly. Eagle’s catalog supplier issued bi-weekly catalogs with deeply discounted specials and gave gift incentives to administrative staff for purchasing minimum quantities. Price comparison between Catalog and contract suppliers showed that non-discounted items from Catalog supplier were premium priced compared to contract supplier but the discounted items were priced below the contract supplier’s pricing. 87% of Eagle’s $3.8M office-supply spending in 2003 by its 15,000 employees was made through three suppliers - Two contract suppliers and one catalog supplier. Q3: Discuss potential implementation barriers?