• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

For this piece of coursework, I am going to describe the different systems used in a supermarket like Tesco and A bank.

Extracts from this document...


1. PEST Analysis A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors: * Political * Economic * Sociocultural * Technological PEST is used to describe a framework for the analysis fits into an overall environment scan as shown in the following diagram: External Analysis Internal Analysis Microenvironment Microenvironment PEST What challenges does EMI (EMI group plc.) face mainly are: Political * By establishing MSF (see Sociological), EMI has received profile and recognition for its part in MSF that has led to the UK Government's invitation for the company to help participate in the development of a music education 'manifest' for the UK. This strength of the network has helped form alliances to effectively lobby government. * Because of the EMI's Copy Control CDs, public has been attacked EMI strenuously. (see http://www.fedge.net/emi/). The issue of illegal (free) downloading are still under consideration in the law. However, if a music industry won the suit, it might effect to sales for EMI because of such demonstrations even if EMI gained copy right as a privilege. ...read more.


Besides, the music sector has been plagued by Internet piracy. Then EMD (EMI Music Distribution) together with SAS institute consulting service implemented a new business intelligence strategy with a solution called SIS (Sales Information System). With OLAP technology, EMD can now use SIS to find its most profitable customers and calculate their lifetime value, determine the best candidates for cross-selling opportunities, and decide whom to target as new prospects. Mike Hillerman, Director of projects and relationship management say that he sees definitely SIS as a competitive advantage for EMI, and he also says: 'I don't know if our competitors have a similar application like this, but if they don't, they just aren't going to be able to maximize their position and their product as well as we can.' * This year saw a dramatic increase in the digital products. EMI have launched digital music distribution since 2000 and has been working with Encoding.com, and Liquid Audio to encode and catalog its collection. Supertracks' system, which uses tools by online software provider Preview Systems. ...read more.


2. Financial ratio analysis According to Roger Faxton, Chief financial officer, Group turn over fell by �54.7m, including a decrease of �23.9m from exchange on translation. This can be calculated that it declined to �851.0 million. It can be considered that is due to their recorded music sales despite the 1.1% of increase of EMI Music Publishing in turnover, and impact of exchange rate during the period. Nevertheless, it can be seen that Return on sales improved to 9.4% from 8.3% in the prior year, 1.1% to 9.4% at a Group level. In April 2004, EMI Group PLC announced it was cutting 1,500 jobs, or 20% of its work force, and dropping weak acts from its roster. However, it is expected that EMI will take the opportunity as Peer Impact is currently conducting internal tests and plans to launch to the public in the first quarter of 2005. Also, as a recent announced decision, EMI outsource the manufacture of their products in Europe and the United States. This could be a great opportunity and will increase their flexibility of business. 3. Appendix Table 1 www.emigroup.com (2004) Table 2 www.emigroup.com (2004) 4. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Music section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Music essays

  1. The subject of this dissertation is how feminist beliefs have been expressed in alternative ...

    3.2.2 Effect of Feminism in Alt Music Upon The Identity of the Female Consumer In looking at how alternative music has helped women define their own identity one thing was stressed by many participants - that the groups they listen to had helped to define their identity but that this identity was as an individual not as a female.

  2. Woodstock Music and Art Festival. Who started such a party? Why was ...

    hand-picked by Woodstock Ventures and promised fifty dollars a day, showed up to help keep order throughout the weekend. However, when they arrived they received a message stating that if they participated they may be subject to departmental censure. Several stayed to work under fake names and the agreement of

  1. The topic of this research essay is Music CD piracy. Piracy is generally used ...

    However, due to the social responsibility that has to be carried by us, this problem has to be looked seriously and solved perfectly. 3.0 Background Nowadays, the CD piracy issue is being discussed widely within Malaysian society. Recently, pirated CD can be easily found in many shopping centres and night markets in Malaysia.

  2. Elvis Coursework

    Teenage lifestyles, fashion ideas and attitudes were common amongst the youth by youth I mean 13 to 19 year olds. There was range of influences in the 1950s including film, television, magazines and rock music which created a new marketing group called the teenagers.

  1. 1960`s beetles history coursework

    This eventually ended in him being filmed from the waist upwards from then on. I think that the campaign was probably over the top with what they thought were bad influences but I can also see how many things may have been construed as bad influences.

  2. Here I am going to analyze the different techniques used in the openings of ...

    The music then changes dramatically and immediately the credit scene ends and the movie moves on. This effect of the music changing dramatically also highlights the point that the movie is continuing along a different path as apposed to the music in 'Somersby' that tends to stay constant throughout the opening.

  1. Imaginative Coursework: BreakDance

    like Jimmy D and Jojo they had no idea that they would travel all over the world. No matter what happened the Rock Steady Crew did manage to stick around and are now celebrating there 25th anniversary. The rock Steady Crew are well known for there incredible athletic ability being

  2. This is a report on the different management systems and decision-making processes that help ...

    Objectives are written down and then passed along to all the managers to see how all of them fit in with their own specific objectives. This is especially true in the music industry as there are so many specialized areas, such as A&R and Marketing which need focused objectives.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work