It also provides a forum for instilling appreciation for the relevance of free cash flow to business owners and managers, introducing financial-ratio analysis, developing the concept of the cash cycle and working-capital management, and motivating the use of financial models. Questions 1. What is your assessment of the financial performance of Horniman Horticulture? (Examine the financial statements in Exhibit 1 and the financial ratios in Exhibit 2) * What is going right with this business? In the view of the promising dimensions of the business, it enjoyed a constant growth over the past three years in revenue, profits and size under Bob’s welcomed leading and management.
Opportunities: -Expand into different regions blue collard segment- Expand into new market segments in East Region- New products- Female- “First Time Drinkers” Threats: -Aging core- customer segment- Major Domestic producers- light beer- Second tier domestic producers- Wine and spirited drinks companies- federal excise tax rate, increase in national health concern MMBC’s competitive advantage is the companies unique brand equity. Mountain Man Lager is distinctive because of its’ bitter flavor and slightly higher-than-average alcohol content. The company has made a profit since 1925 until 2005 about 80 years by having a loyal core customer base and building on its brand equity. It is sustainable as long as they keep or increase their core customer market without jeopardizing the brand image. The company’s competitive advantage is a combination of the Brand loyalty, core customer market, Brand Image, “Grass Roots” Marketing which is more effective in there region than competitors.
Outliers Chapter 2 In this chapter of Outliers, Gladwell tells the stories behind the success of Bill Joy, Bill Gates, and the Beatles. He opens the chapter talking about the University of Michigan’s newly constructed state of the art computer center and how Bill Joy, one of today’s legendary programmers, happened to stumble across it. He uses this as an introduction to continue strengthening the argument he made in the previous chapter. Adding on to his argument that successful people are the beneficiaries of extraordinary opportunities, he talks about how in order to master a skill, one must practice for at least ten thousand hours. He goes on to say that luck also plays an integral role because you have to be doing the right thing at the right time.
For example, 75% of the bonus of Dermatology managers would be related to the division and 25% to the company as a whole. EVA improvement goals should be analized in the begining of each year in order to adapt to real expectations of the market, for bad and good situations. Timeline History 1945 1997 Foundation Maurice Vedrine is the new CEO (MBA of Insead, 15 years operational experience Europe and USA) Subsidiaries were being run as fifdoms Big Issue - How could these divisions work together to fuel continuing profitable growth? Main Goals of Vedrine as CEO - Implementing EVA (Economic Value Added) to measure company´s performance and payout bonuses; New EVA program is introduced Company´s structure is adpated to 15 subsidiaries EVA centers Company´s structure is adapted to 3 global business and 4 regions Global Business Regions Dermatology North America Internal Medicine Europe Veterinary Medicine Asia Latin America Dermatology share market jumps unexpectedly form 50 to 75%. Main competitor is shutt down for FDA (food and drug admin) Daniel Sanders (CFO) and Blake Myers (Controller) wonder about EVA
Miller Genuine Draft (MGD) The Marketing Plan 2011-2012 Submitted to: Les Smith Submitted by: Mike Witt, Ben Hadley Dave Armstrong, Zac Fryia, Dan Burns, Joshua Stevens Date: November 24, 2011 Table of contents |Marketing Objectives |Page 3-4 | |Situational Analysis |4-5 | |Pest Analysis |Page 4 | |Consumer Profile |Page 6 | |Consumer Behavior |Page 6 | |Competitive Analysis |Page 7 | |Market share trend | | |SWOT |Page 8 | |Target market |
Creating a Plan for Positive Influence Kathy Crabtree LDR/531 January 10, 2012 Gary Grubb Positive Influence Plan Team Z has been chosen by upper management, to tackle a project that management believes can be done in a professional manner and within the short time requirements. Team Z has 16 field employees, a lead field employee, and field manager. In the past, Team Z has their issues among themselves that they have worked out their differences and achieved high stats to keep the small company on top of their industry. Management has given Team Z a few guidelines, suggestions, or plan of action to help in keep members working together. The main request management had been for them to take the time to develop a PIP (Positive
Obamas running mate Governor Mitt Romney brings his experience in business to convince voters he will deliver the change they need. During the debates, each candidate made their appeal towards the middle class voters. The future for those unemployed looks bright, as each party would like to boost manufacturing
He was awarded TIME Person of the Year (Isaacson 40). Jobs and his various accomplishments tell everyone today how successful he actually was. Having a tough childhood and being fired from Apple didn’t stop Steve Jobs from being successful. In fact, he revolutionized multiple industries in his life. Today, Steve Jobs has a huge variety of electronics on the market.
In my opinion I believe that Barack Obama should win the 2012 election because he has helped the united state. He always tries his best and never gave up since the beginning. He has been a good president by helping the economy, taxes, Afghanistan, energy and immigration. I think that Obama did a excellent job this last 4 years and I think he could do a better job if he gets elected one more
UNIT 102 MANAGEMENT PERSPECTIVES. ANDREW MACKENZIE Table of Contents Question 1 Specific Environment 3 Customers 3 Employees 3 Shareholders 3 Suppliers 4 Competitors 4 Regulators 4 Question 2 Management Style 5 Classical 5 Administration 5 Bureaucratic 6 Human Resource (HR) 6 Modern 6 Contingency 6 Systems 7 Question 3 Control processes 7 Strategies 7 Systems 8 Processes 8 Competition 8 Question 4 Planning 9 Planning Process 9 Define Objectives 9 Determine where you stand vis-à-vis objectives 9 Develop Parameters 9 Analyze and Choose 9 Implement the plan 10 Planning tools 10 Forecasting 10 Benchmarking 10