Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

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                      ?            ?
           
Expenses           
           
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

Discussion topic 1 7-step planfrom this units reading

Discussion Topic 1: 7-step Plan From this unit's Reading, discuss how you might use Ryan's 7-step plan to bring about a specific change in your organization. Discussion Topic 2: Organizational Culture Based on the articl ...

The impact of transportation disruptions on supplychain

The impact of transportation disruptions on supply Chain Performance Martha C. Wilson College of Business Administration, California State University, Sacramento 6000 J Street, Sacaremento, CA 95819-6088, United States R ...

The company that you will do research on is ferrore it is a

The company that you will do research on is Ferrore. It is a chocolate company. The product of this company that you will do research on is Nutella. Answer questions briefly. in total it will be 6 page. put your answer f ...

The key assignment first draft should contain material from

The Key Assignment first draft should contain material from Parts 1-4 and should be 1,250-1,600 words. For this unit's assignment, you are to add the following section to your draft: Quality Tactics and the Logistics and ...

Iris was a little unsure of what to do next she had just

Iris was a little unsure of what to do next. She had just left the meeting with the other executives. At the meeting, they confirmed the need for action on the matter of the critical information offered for sale on a pub ...

Supply chain management assignment learning outcomesafter

Supply Chain Management Assignment Learning Outcomes: After completing the module you should be able to: 1. Optimise the design of a supply chain to ensure strategic competitiveness in a global market. 2. Audit the opera ...

Financial data and projections five year projections chart

Financial Data and Projections Five Year Projections (chart and table) - These projections reflect continuing growth. (see Appendix A, p. 66 and Chapter 8) Organization Organization - reflects organizational structure of ...

Innovation and it in supply chainsinstructions on

Innovation and IT in supply chains Instructions on Assessment: The assessment for this module is comprised of two parts. You MUST complete both parts. Part 1: The first part is a group presentation, which accounts for 25 ...

What is the common name for nist sp 800-14 what is the

What is the common name for NIST SP 800-14? What is the document's purpose? What resources does it provide? What are the common names for NIST SP 800-53 and NIST SP 800-53A? What is the purpose of each document? What res ...

Assessment a research proposal title research skills for

ASSESSMENT: A RESEARCH PROPOSAL TITLE: Research Skills for International Business The exercise aims to enhance your ability to: - Understand the research processes used in international logistics/ related fields - Identi ...

  • 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