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

Final project -you have been asked to present your proposed

Final Project - You have been asked to present your proposed health care facility to the board of directors. Based on your previous assignments, you are to put together a PowerPoint presentation of 15-20 slides with 300- ...

Written report - individual assessmentpurpose this

Written Report - individual assessment Purpose: This assessment is designed to reinforce the subject content and develop students' skills and application of knowledge of the subject content to business situations. Topic: ...

Part 1 scenarionbsp you have been hired as a consultant by

PART 1: Scenario:  You have been hired as a consultant by the CEO of a medium-sized business with a limited budget to help address concerns that he has about his organization's information security - and to bring efficie ...

Questionas a supply chain consultant for a global company

Question: As a supply chain consultant for a global company one has to be aware of the extra costs of importing goods into the US. US Customs can add significant costs to ownership when you add Anti-Dumping (AD) and Coun ...

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 ...

Case study you should write the case study in such a way

Case study You should write the case study in such a way that you start your answers from line 1. That is, there is no need for large introductions that we see in essays. You should apply the principles you have learned ...

Question 1a do you think management is an art or a scienceb

Question 1 (a) Do you think management is an art or a science? (b) Describe using suitable examples the basic management functions. Question 2 (a) Using suitable examples explain the three (3) main managerial skills. (b) ...

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 ...

Team building project - team communicationyour new team for

Team Building Project - Team Communication Your new team for Health Care, Inc may consist of team members from different locations. Construct a plan that ensures a virtual team's performance will meet the team's goals. Y ...

Which international infosec standards have evolved from the

Which international InfoSec standards have evolved from the BS 7799 model? What do they include? What is an alternative model to the BS 7799 model (and its successors)? What does it include? What are the documents in the ...

  • 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

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

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen