Table of Contents Corporate Overview 3 Industry Analysis 3 Business Strategy 4 Corporate Governance 5 Social Responsibility & Ethics 8 Quantitative Analysis 9 Executive Summary 9 Income Statement Analysis 10 Balance Sheet Analysis 11 Raito Analysis 13 Financial Health 15 Earnings Quality 15 Appendix A 18 Appendix B 19 Appendix C 20 Appendix D 22 Appendix E 23 Appendix F 24 Appendix G 26 Works Cited 18 Corporate Overview Industry Analysis Home improvement industry is highly fragmented; there is very little direct competition between companies in this industry. The only companies that exert direct competition against each other are Home Depot, Inc. and Lowe’s Company, Inc. These two companies dominate the industry by controlling more than 30% of the home improvement market each. Being the second largest retailer in the United States, Home Depot, Inc. is still considered to be the leader of the home improvement industry. By focusing on sales, service and execution, which helped the company, achieve considerable sales growth in the past few years.
The first table shows the capacity of the production line along with the demand per warehouse. The second table displays the delivery expenses of sending the manufactured goods from each manufacturing facility to individual warehouses. The chart takes a gander at the warehouse sales needs and additionally, the expense to ship there from every manufacturing facility. It then creates a financially effective delivery plan to distribute manufactured goods with least possible transportation expenses and fulfill demands of those stockrooms initially. It then allots surplus goods to alternative stockrooms that devour increased shipping expenses.
Opportunity cost is the value of a resource for a given purpose and its value in its alternative. The opportunity cost of purchasing a new vehicle is the value of possibly taking a luxury vacation, home renovations, or a down payment on a home. Stella would need to decide what type of car she could afford to purchase and if she needs to make this purchase at this time. She would need to maximize her utility by being resourceful with her funds. Depending on the car she is looking at the she would need consider factors of her current vehicle: Does she still owe a balance on her current vehicle?
Wk 3 Learning Team Consider the use of performance incentives and merit pay to recognize and engage employees. At Landslide Limousine you pride your company on extraordinary customer service to your clients and a leader in taking care of your employee’s by providing the best performance incentives and merit pay to recognize and engage employees. In Indeed salaries, the salary for Limo drivers in Austin TX ranges between $19,000 and $23,000 (Indeed, 2013). We recommend a performance incentives and merit pay on top of hourly base pay and gratuity. We recommend performance incentives that you could use to not only engage your employees, but also keep your insurance premiums low are semi and annual bonuses.
Operating efficiency was improved using just-in-time and lean operations techniques. I used sales predictions to estimate how many units a sales person would be able to sell each day. This number determined how many units were to be produced each day. Therefore, limiting the number of inventory left over at the end of the quarter, and in turn eliminating waste. I also used marketing surveys to determine what customers wanted in the products RIE Tech was producing.
Innovation A Canadian innovation that not only changed Canadian history, but the world history as will, the Blackberry. From starting off as a pager to becoming the fifth most popular cell phone manufacturer in the world. Blackberry controls about 20% of all Smartphone sales in world. The name Blackberry is one of the strongest name in the cell phone world as it unique design and features separates its self from other phones. The phone has a full Qwerty keyboard at the bottom and screen on the top, this design was such a success other cell phone companies started to copy the design.
Ford founded the Ford Motor Company on June 16, 1903. The following month they sold their first car to a Detroit doctor. Ford wanted to make automobiles affordable for everyone, not just the rich. The Model T was invented with this in mind. Ford priced his first Model Ts at $850, undercutting the $2,000 cost of most early cars.
Creativity and Innovation gives employees the opportunity to use their ideas to improve a job, product, or service ("Reference for Business; Encyclopedia of Business", 2012). Learning will give the employee the tools and the opportunities to accomplish more because most employees will take on challenges ("Reference for Business; Encyclopedia of Business", 2012). Quality of Life means creating programs that incorporate flextime, condensed workweeks, or job sharing to decrease stress on employees who are trying to balance their lives outside of work and work ("Reference for Business; Encyclopedia of Business", 2012). Monetary incentives are simply a way to reward employees
The production of the assembly line gave the Ford Motor Company a huge advantage in succeeding in the U.S. market. Within ten years of producing the Model T, in 1923 it made up nearly half of all cars sold in the United States. For the time being Ford was the largest and one of the few automobile producers at the time therefore having very little competition which allowed it to flourish. Ford Motor Company eventually grew so large to establish itself as the worlds largest automobile producer. Businessmen came to Detroit from all over the world to see the operation for themselves and to try and take Ford’s methods to use themselves.
Analyze the buyer decision process of a traditional Porsche customer. Porsche (pronounced Porsh-uh) is a unique company. It has always been a niche brand that makes cars for a small and distinctive segment of automobile buyers. In 2009, Porsche sold only 27,717 cars in the five models it sells in the United States. Honda sold about 10 times that many Accords alone.