Sources of Cash Flow Problems

Sources of Cash Flow Problems Overtrading Young and fast growing companies are particularly prone to over-trading. Over-trading occurs when a business is attempting to fund a large volume of production with inadequate working capital. Investing too much in fixed assets In the initial stages of a business funds are limited, spending large amounts on equipment, vehicles and other capital items drains resources, it may be better to lease some fixed assets and leave some cash funds. Stockpiling Holding stocks of raw materials and finished goods is expensive. Money tied up in stock in unproductive. Stocks may become obsolete. In addition, stocks of raw materials cannot be easily changed into cash without making a loss. Stock control is an important feature of cash management. Firms should not buy in bulk if discounts are not enough to compensate for the extra cost of holding stock. Allowing too much credit A great deal of business is done on credit. One of the dangers of this is that firms allow their customers too long for payment. This means that a firm may be waiting for payment and may be forced to borrow for this period. Failure to control debtors may lead to bad debts. Taking too much credit Taking more credit may appear to help a firm’s cash position as cash payments are delayed. However some drawbacks include higher prices, lost discounts and creating

  • Word count: 439
  • Level: International Baccalaureate
  • Subject: Business Studies
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Business Environment and the Economic Environment in India

Meaning of Business Environment Environment of a business means the external forces influencing the business decisions. They can be forces of economic, social, political and technological factors. These factors are outside the control of the business. The business can do little to change them. Following features: . Totality of external forces: Business environment is the sum total of all things external to business firms and, as such, is aggregative in nature. 2. (Specific and general forces: Business environment includes both specific and general forces. Specific forces (such as investors, customers, competitors and suppliers) affect individual enterprises directly and immediately in their day-to-day working. General forces (such as social, political, legal and technological conditions) have impact on all business enterprises and thus may affect an individual firm only indirectly. 3. Dynamic nature: Business environment is dynamic in that it keeps on changing whether in terms of technological improvement, shifts in consumer preferences or entry of new competition in the market. 4. Uncertainty: Business environment is largely uncertain as it is very difficult to predict future happenings, especially when environment changes are taking place too frequently as in the case of information technology or fashion industries. 5. Relativity: Business environment is a

  • Word count: 1471
  • Level: International Baccalaureate
  • Subject: Business Studies
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Sony & Xerox Corporation Production Methods Kaizen and Total Quality Management

Business & Management Quality Research Task: Xerox Corporation using TQM Total Quality Management (TQM), is a management approach to long term success through customer satisfaction. This is achieved with all members of an organization participating in improving the products, process, services and culture in which they work in. It is seen as a way that a business can add value to its product and gain competitive advantage over its rivals. There are 8 primary elements of TQM which are: -Customer-focused -Total employee involvement -Process-centered -Strategic and systematic approach -Continual improvement -Fact-based decision making -Integrated system -Communications Xerox Corporation is an American multinational document management corporation that produces and sell a range of color and black & white printers, multifunction systems, photo copiers, digital production printing presses, and related consulting services and supplies. Xerox Corporation has firstly focused on benchmarking, a reduced supplier base, and leadership teams as a way of producing total quality management. With benchmarking, Xerox is measuring the quality of its products and setting value. Xerox looks at what its rivals are doing and then sets a level of quality and value that all of its products are compared against. Once a product has met the standard,

  • Word count: 1222
  • Level: International Baccalaureate
  • Subject: Business Studies
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Kentucky Fried Chicken Marketing Mix Report

KFC Marketing Mix Report Group 7 ________________ Kentucky Fried Chicken Marketing Mix Report Group 7 Yang Zhao Yurong Wang Di Su Bo Zhou Jing Fan Yuncong Chen Kentucky Fried Chicken Marketing Mix Report Company Overview Kentucky Fried Chicken, also known as KFC, is a part of Yum! Brands, Inc., the worlds’ largest restaurant company in terms of system restaurants. As the world’s popular chicken restaurant chain, KFC specialized in its Original Recipe Kentucky Grilled Chicken, Original Recipe Strips with home-style sides, Honey BBQ Wings, and freshly made chicken sandwiches. Every day, more than 12 million customers are served at KFC restaurants in 109 countries and territories around the world. KFC operates more than 5,200 restaurants in the United States and more than 15,000 units around the world. This report focus on identifying KFC’s target market, analyzing its product, distribution, promotion, and pricing strategies that may produce satisfying exchanges with the target market, and Providing recommendations for the company’s further development. Target Market KFC has divided its global market into various groups of consumers who have different geographically demands, taste preference and behaviors. KFC has made its marketing segmentation according to the following bases: (1) Geographic

  • Word count: 3003
  • Level: International Baccalaureate
  • Subject: Business Studies
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Implementing a Green Supply Chain

Content Introduction Main body . What is a green supply chain .1 Definition .2 Current situation 2. The realization of a green supply chain 2.1 Strengthen the internal management of enterprises 2.2 Strengthen the user’s environmental consumer awareness 2.3 Intensify the law enforcement 3. The benefits of a green supply chain 3.1 Protect the environment 3.2 Promote the enterprise image Conclusion Reference Introduction In almost every field, it is increasingly important to consider the environmental friendly. Harming the environment will ultimately have an effect on everyone’s quality of life(Dawson,2008). Therefore, a large number of companies prefer to do business that can reduce the pollution and minimize the nature damage. This essay is focus on the environmental friendly application in supply chains. The main body is divided into three sections. The first section is about the definition of a green supply chain and the current situation. The next section includes an efficient way to establish a green supply chain management. Finally, the essay will point out the advantages about green supply chain. . What is a green supply chain? .1 Definition “A supply chain is a network of facilities and distribution options that performs the following functions; the procurement of materials, transformation of these materials into intermediate and

  • Word count: 1439
  • Level: International Baccalaureate
  • Subject: Business Studies
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Evaluate the advantages and disadvantages of two different types of organizational structure.

Title: Evaluate the advantages and disadvantages of two different types of organizational structure. Whether small or large, formal or informal, each organization has a structure. Throughout history, the issue of how to establish an effective structure or whether the structure is good or not for an organization has been discussed and researched by managers and theorists in many fields. Organizational structure, defined by Mintzberg (1980) as an aggregation of ways that divide its labor into different tasks and achieve coordination in these tasks, determines the form and function of organizational activities (Moorhead & Griffin, 1995) and establishes a set of relationships among activities regularly (Ficham & Rhodes 2005). It has also been noted that traditional structures, like bureaucratic and divisionalized structure (Mintzberg, 1980), tend to be steady, while modern ones, such as matrix and network structure (Kates & Galbraith, 2007), tend to be flexible. However, no one has seemed to affirm one structure could totally exceed another, as it was stated by Donaldson (1985:155) that “no one best way”. On this basis, this essay is going to assess both merits and demerits of two most typical organizational structures selected from classical types and modern types, which is known as bureaucratic structure and matrix structure. After the part of literature review, the essay

  • Word count: 2046
  • Level: International Baccalaureate
  • Subject: Business Studies
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SWOT Analysis of Apollo Language School, Vietnam.

Report: . Introduction 2. Range of cources offered by Apollo 3. Differences and similarities about products among Apollo's competitors. 4. Pricing. Differences and similarities 5. Times and duration of cource Apollo offer. 6. Strenghts and weaknesses 7. Opportunities and threats 8. Choice of segment target and cource ideas Introduction In phase 2 we were making a Apollo project with new members of group 8 ,called Blink Blink with 5 members in it. In this project we are required to make a research about English cources of Apollo language center. More clearly, we had to assess the Apollo history and its strongest competitiors, determine its market segmentation and weigh pros and cons of its cources. In addition to that, our group had to propose an idea for a new cource by relying on the questionnaire data we made in the previous phase. Therefore, by choosing a segment of target, we made up a cource, which is the main aim of Apollo project. Before offering an idea for a new cource, the first thing that has to be done is reviewing the Apollo history, its service, rewards, strenghts and weaknes. We searched the information in the in the web service and came straight to the center in order to get information. Besides we searched the data about all other language centers and conclude Apollo's strongest rivals by estimating and comparing the service they offer ang their

  • Word count: 1391
  • Level: International Baccalaureate
  • Subject: Business Studies
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Social Strategies Plan for Mars - marketing chocolate in China

Social Strategies Plan for Mars 1/25/2012 Shuliang LIU ________________ Detail target personas . Chocolate/snack lovers: People who love eating medium-price chocolates/candies People who love creative promotion ideas and are willing to share with others . Pet owners: People who want provide their pets a healthier food diet People who want to create great conditions for their pets with easy care . Gifts buyers: People who prepare to give nice gifts but have no specific ideas on mind People who want to pick up creative gifts online and have it to be sent to destination directly . Young graduates: People who just graduate from school and look for a job People who are interested in working in MARS and looking for more information about this brand What’s currently being said “The food contains too much calories” “The promotions are unattractive” “Some of the coco beans used by MARS are not organic” “Dove White Chocolate only comes at Christmas, but there is NONE on the shelves.” Social strategies: . Value: We want to convey the value that MARS promotes a healthy lifestyle through providing customers good quality products and using organic materials. MARS is a socially responsible corporate who cares about our customers, customers’ pets and the environment. . Marketing: MARS provides various types of products including snacks, candies,

  • Word count: 527
  • Level: International Baccalaureate
  • Subject: Business Studies
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The Irish Financial Crisis was both predictable and preventable. To what extent do you agree with this statement?

Name: Zhang Le “Irish Financial Crisis was both predictable and preventable.” To what extent do you agree with this statement? Use some financial indicators where appropriate to support your answer. Irish Financial Crisis has drawn much attention recently. Driven by booms in property and lending, it left the society with massive issues such as high unemployment and large government deficit (Kelly, 2010, p.1). There is some debate on whether the crisis could be predicted and prevented. This essay will attempt to demonstrate that Irish Financial Crisis was both predictable and preventable. It will first state that Irish Financial Crisis was predictable through the observation of its abnormal economic growth mode and the soared property prices. Then it will turn to argue that the crisis was preventable. Firstly the primary leading factor was under control and secondly both theoretical and practical facts were provided as experience. It has been argued that Irish Financial Crisis was unlikely to be predicted as the economy of Ireland had been in a rapid-growth tendency for over 15 years. According to Kelly (2010), the GNP of Ireland grew by 5 to 15 percent every year from 1991. Thus it seems impossible for the government, banks and borrowers to smell the danger of the financial crisis as they were accustomed to the economic condition (Kelly, 2010, p.23). However, it is

  • Word count: 941
  • Level: International Baccalaureate
  • Subject: Business Studies
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Wald Press - This report, considering the goal of WP to have higher profit margins and future growth prospects, analyzes the facts and recommends WP to drop off the outside contracts for its future benefit

Instructors: Nayana Shah and Mukul Vasavada Roll No. 2, PGPIM -4 ________________ To, Mr. Proprietor Wald Press – New York [Sub: Decision report on Dropping outside Contracts] Dear Sir, With respect to our discussion on decision making for the subject matter, please find herewith enclosed the Decision report for the same. Yours Sincere, Abhishek Shah Executive Assistant – Wald Press 3/08/2012 Executive Summary Wald press (WP), a large New York based printing firm gets major portion of work from its close associate Campbell brothers (CB), a Manhattan based publishing house. However during the 30’s depression, WP obtained contracts from other publishing firms to supplement the drop in work from CB. On recent increase in sales of CB, WP is pressurized to drop off outside contracts and cater full production to CB. WP is in dilemma as to drop or not to drop outside contracts. This report, considering the goal of WP to have higher profit margins and future growth prospects, analyzes the facts and recommends WP to drop off the outside contracts for its future benefit. Contents Report . Situation Analysis 2. Problem definition 3. Decision Criteria 4. Alternatives and their Evaluation 5. Recommendation 6. Action plan 7. Contingency plan Exhibit . Table 1 2. Chart 1 3. Table 2 4. Chart 2 Report Situation Analysis . Wald press (WP), a large New York

  • Word count: 790
  • Level: International Baccalaureate
  • Subject: Business Studies
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