Ask Question, Ask an Expert


Ask Management Theories Expert

problem1) Use the following information to answer problems 1.

“Corporate Look Furniture” Profit and Loss Statements

                                    2008    2009
                                      $           $
Sales                           650 000    555 000
Cost of Goods Sold        280 000    280 000
Gross Profit                      ?            ?
Rent                          10 000       10 000
Wages                       90 000      140 000
Insurance                  20 000       20 000
Electricity/Phone          8 000         9 000
Motor Vehicle            110 000       58 000
Interest on loan         25 000         30 000
Net Profit                    ?                 ?

(a) find out the gross profit for “Corporate Look Furniture”in 2009.    

(b) Comment on the net profit of“Corporate Look Furniture” over the last two years.   

(c) find out AND comment on the expense ratio for “Corporate Look Furniture” between 2008 and 2009.

(d) Recommend ONE profitability and ONE efficiency strategy that “Corporate Look Furniture” can implement to improve its performance

For problem 2 you must:

• demonstrate knowledge and understanding relevant to the problem

• use the information provided

• communicate using relevant terminology and concepts

• present a sustained, logical and cohesive response in the form of a business report

problem2) This problem refers to the following case study:

“Pau Tango” is a Brazilian restaurant that has been operating for 5 years. In the last 12 months, sales have fallen by 20% and staff absenteeism has increased by 12%.  Management is concerned about the recent rising interest rates, which have led to a slowdown in economic activity. In response to falling profit levels, management has decided that a new marketing plan is required to shift the business prime function from a restaurant-based service to internet ordering and home delivery service.

This structural change has resulted in resistance from employees, as the home delivery service requires downsizing in the workplace. Employees are displaying covert forms of industrial action and are threatening to strike. Management is looking to resolve this conflict.
As a consultant, you have been hired to prepare a business report for the owner of “Pau Tango”.

In your report:

• outline the sources of change that have impacted on this business;

• describe the elements of the marketing plan which need to be assessed to shift the business prime function and improve profitability;

• analyse the dispute resolution processes that can be used to resolve the conflict.

Expected length of response is approximately 800 words.

For problem 3 and 4 you must:

• demonstrate knowledge and understanding relevant to the problem

• use relevant business case study/studies

• communicate using relevant business terminology and concepts

• present a sustained, logical and cohesive response

problem3) Outline the objectives of financial management AND analyse financial strategies which need to be addressed when managing global expansion.

problem4) ‘As businesses become more global in their operations, they need to recognise their social and ethical responsibilities’.

Outline the sources of funds available to a business when expanding into the global market AND analyse the strategies management mayuse to ensure ethical and socially responsible business practices in a global environment.

Expected length of response is approximately 800 words.

Management Theories, Management Studies

  • Category:- Management Theories
  • Reference No.:- M93015

Have any Question? 

Related Questions in Management Theories

Assignment - conduct an interviewthis assignment has been

Assignment - Conduct an Interview This Assignment has been designed to allow you to demonstrate your communication, facilitation, negotiation, analytical and evaluation skills to complete client assessment. You are requi ...

For this assignment write a minimum of 4 pages in length

For this assignment, write a minimum of 4 pages in length describing your intervention plan to lead the people in conflict toward transformative change. Be sure to use the unit lesson as a guide. Incorporate at least fiv ...

Assignment inventory management systemsyour sister owns a

Assignment: Inventory Management Systems Your sister owns a small clothing store. During a conversation at a family dinner, she mentions her frustration with having to manually track and reorder high demand items. She wo ...

Questions1 what would be the results of an effective

Questions: 1. What would be the results of an effective security investment? How would you measure that? 2. What role should the public play in risk management? 3. What role does a risk communication strategy play in ris ...

The following two questions needs to answer with apa

The following two questions needs to answer with APA Refrencing: 1) Describe the nature and impact of Multiculturalism and diversity in today's business organizations. 2) Describe the importance of business organization ...

Case study grouponread case study 5-10 groupon in chapter 5

Case Study: Groupon Read Case Study 5-10: Groupon in Chapter 5, page 333 of your text. In two to three pages, supported by evidence from your text and from other research (at least one resource is required), answer the f ...

Assignment briefdevelop an annual report for a company of

ASSIGNMENT BRIEF Develop an Annual Report for a Company of your choice. Company - National Bank of Malawi 2015 Annual Report From a technological point of view, the "internet" is all the computers in the world that are c ...

Task -read a business proposal - customer records

Task - Read: A Business Proposal - Customer Records Management Replacement System for the fictional organisation Tangle Corp. This document will be made available via the Resources section of Interact for this subject. T ...

Mike and iris were flying home from the meeting the audit

Mike and Iris were flying home from the meeting. The audit committee's reaction had not been what they expected. "I'm glad they understood the situation," Mike said. "I'd like you to start revising our risk management do ...

1 what types of measures are used for infosec management

1. What types of measures are used for InfoSec management measurement programs? 2. According to Gerald Kovacich, what are the critical questions to be kept in mind when developing a measurements program? 3. What factors ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro