XYZ Company should take benefit of short term and long term prospects and employ these into its financial policies. Most importantly, XYZ Company should make a plan to control its working capital. The working capital is the quantity of cash a business has to run its trade. Proper management of the company’s working capital will benefit the company to meet its financial objective and develop in the future. XYZ Company’s financial statements demonstrate that overhead expenses and selling expenses must be decreased. Though, the net income for XYZ Company has been progressively growing, this is a beneficial indication for the company’s future growth.…
Promotional Mix Why have you chosen the specific type of promotion that you have? What are its advantages over other types of promotion? Do you foresee any problems of using this type of promotion? How can these be overcome?…
The two campaigns I will I will be using to describe how they have manipulated the promotional mix are Virgin Media and Tesco, looking at how they balance out the 6 aspects to find the correct correlation between them to help push their organisation forward in terms on promoting their products and services, nevertheless this does not mean that any of the organisations have to use all 6 of the promotional mix methods to find what’s best for them.…
The other step to the planning process I looked at was the last step –…
How do you define working capital? What may happen if an organization neglected to manage its working capital? What techniques do you recommend for your organization? Why?…
The Promotion Mix…cont. • Sales promotion – – – – – Wide assortment of tools Attracts consumer attention Offers strong incentives to buy Invites and rew ards quick consumer response Effects are short-lived. • Public relations – Very believable – Reaches people w ho avoid salespeople and ads. – Can dramatize a company or product – Tends to be used as an afterthought – Planned use can be effective and economical.…
4. What are three different advertising techniques that sponsors use to encourage you to buy a product? Describe each technique.…
Even though this is a proper offer, this expression is quite weak to fascinate customers. The best discount offers should allure the customer by making her think that it is really beneficial such as ‘’buy 1, get 1 free’’, ‘’get the 2nd for £2’’. Providing customer for multi-buying is a mutually profitable strategy to create high volume selling movements.…
3. In a competitive global business landscape, the increasing demand for talented knowledge workers is primarily due to the increasing use of low cost production.??????…
are sometimes used in an effort to retain customers and also influence their buying behaviours, but their success is questionable. One particular practice commonly seen with…
6. “Working capital deals with the decision regarding the appropriate mix and level of current assets and current liabilities”. Elucidate the statement.…
7) To ensure that sufficient working capital is available for the efficient operation of the business.…
1. “Services touch almost every part of our lives, and it is almost impossible to imagine life without them”. Your comments on this statement. Explain the factors which have influenced the growth of the service sector.…
This class presents a preview of organizational theory and the dynamics of the participation of management and employees in contemporary society. For example, this seminar taught us about decision making, communication, and organizational change etc. This seminar taught us how to be professional in our career life and how to be a leader in the group.…
lthough it is not ideal, I believe ignorance is bliss. Before I get into argument, let me remind you that ignorance is definitely bliss, but not the best thing. Most people, when they are ignorant of a fact that hurts them, will stay very happy. Howver, being ignorant will also lead to unjustified confidence. Taking me as an example, I was in love with one girl for a long time, even to the point where I was dreaming about her. I was also sure that she liked me back, but was ignorant of the fact that she liked my best friend as well. When I found out, I was depressed, but finding out saved me from getting rejected, which makes it even worse. But the question was if ignorance is bliss, and I say it definitely is.I'd have to say Ignorance is absolute bliss We say ignorance isn't bliss because we know it's not or should not be. What about those who don't though? Children, are protected by parents and have no reason to care. Stupid/dumb people have no reason to care because they don't know how to or were not aloud to in the first place. So why wouldn't it be bliss if they can't care about anything to an extent? Of course they'd have to care about well being and surviving and what ever instinct leaves them but otherwise they are carefree and do what they want when they want. I know because I am a kid. I am protected by my parent and in many ways stupid beyond recognizable belief. I have no reason to care what happens to someone in Florida I could care less what happens to my neighbors checking account. I will continue to do so until I have direct reason not…