This analysis contains references to years 2010 and 2009 for Dollar General Corporation, which represent fiscal years ended January 28, 2011 and January 29, 2010 respectively. The main issues which the company is concerned about are its ability to increase sales and profitability and reduce costs in the current economic situation; another issue is an ability to repay an extensive amount of long-term debt which increases its risks.…
They created a corporate symbol and their advertisement campaigns were highly successful in establishing the brand image and logo for the millions of customers.…
Jeffrey Prosser grew up in Falls City, Nebr. (pop. 5,000). He drove a bulldozer and spliced cable for the telephone company where his father worked. He got an accounting degree at the University of Nebraska. He went to the Caribbean at age 25 on behalf of some Nebraska investors interested in buying an alumina plant in St. Thomas. The purchase didn’t go through, but he stayed.…
The pharmaceutical industry includes companies that research, develop, market or distribute generic and branded drugs. The industry expanded during the 1980’s and drugs to treat heart disease and AIDS were prominent. Consumer demand for nutritional supplements and alternative medicine increased during the 1990’s with the Internet facilitating direct purchases of drugs. Advertising for direct consumption of pharmaceutical drugs became more prominent; pharmaceutical companies were criticized for over medicating personality or social problems.…
John Davison Rockefeller was born on July 8, 1839, in Richford, New York. In 1853, his family moved to the Cleveland, Ohio, where John attended high school then briefly studied bookkeeping at a commercial college. “In 1855, at age 16, he found work as an office clerk at a Cleveland commission firm that bought, sold and shipped grain, coal and other commodities. (He considered September 26, the day he started the position and entered the business world, so significant that as an adult he commemorated this “job day” with an…
went to work to support his family. He was hired as a apprentice to a bookseller were he…
He was able to move from different jobs, each time they would have a better pay than the last. He then he talked to Bessemer and built a successful steel company. The company also opened up jobs for several people. He continued to invest in steel and continued to grow his company. This made him incredibly…
From ready-to-eat cereal to convenient meals to wholesome snacks, General Mills is one of the biggest food products manufacturers and competes in growing food categories that are on-trend with consumer tastes around the world. The company markets many well-known brands, such as Haagen Daazs, Yoplait, Betty Crocker, Totinos, and Cheerios, among others. Main rivals include Kellogg, Kraft, Conagra Foods, and Sara Lee. General Mills sells its products in three segments: U.S. retail (63% of net sales), International (25% of net sales), and Bakeries and Foodservices (12% of net sales). In addition, General Mills sells cereals and ice cream through its Cereal Partners Worldwide and Haagen Daazs Japan joint ventures. General Mills continues building its presence in developed markets and increasing presence in emerging markets worldwide by investing in established brands while also developing new products. The company’s goal is to generate balanced, long term growth.…
The first of many things that pondered me was how this huge corporation emerged. Well in the year 1969 a gentleman by the name of Sam Walton had opened several Wal-mart chains. Now this small chain of Wal-marts from 1969 has expanded globally to over eleven thousand stores around the…
John D Rockefeller of New York is best known today as one of the most successful businessman in American history. Like most successful figures in history, Rockefeller was not born into his fortune. Originally a New York native, young Rockefeller relocated to Cleveland, Ohio in the 1860s, where he soon became involved with the oil fields in western Pennsylvania. After spending some time in the business, Rockefeller decided that it was too risky and his talents would be better suited in the refining business. Shortly after, Rockefeller found himself thriving with success and was ready to “strike out on his own”. In 1870, with the help of Samuel Andrews and H.M. Flagler, the men pooled their interests together to form the Standard Oil Company of Ohio. It was not long thereafter that their new business became the largest refiner in the country. However, as the oil industry…
Soon these technologies were applied to more civilian uses, from clock-making, printing presses to the vast array of agricultural instruments, soap and candle works, such as William Colgate's in New York and Procter & Gamble in Cincinnati. The Lorillards produced and marketed tobacco in ever larger quantities and the Havemeyers launched the largest sugar refining plants in Brooklyn, reengineering an industry that had already made the fortunes of the Van Cortlandts, the Bayards and the Roosevelts in colonial New York. With the manufacturing came a spirit of engineering, which brought always new machines and useful devices that more and more organized plants turned out in quantities for the merchants to market. Singer sewing machines revolutionized household garment production as much as the reaper did agriculture. Heavy manufacturing plants were built to turn out locomotives and axles for the rapidly growing railroads and soon American locomotives from Baldwin or Norris were exported…
a) Proctor and Gamble’s revenue recognition policies state that the customer recognizes revenue upon either date of shipment or date of receipt; e.g. when the product or receipt has switched hands. They also record revenue net of sales, trade promotion spending, and other taxes on behalf of governmental authorities. All of these transactions are generally recorded at time of sale. Discounted and returned products are recorded as a reduction in sales in the same period in which revenue was recorded.…
1.Why did the US organizational structure shift from product grouping in the 1950s to a matrix in the 1980s? Why did the European organizational structure shift from geographic grouping in the 1950s to category management in the 1980s? Why were the two structures integrated into a global cube in the 1990s?…
For being a professional worker who always need clean clothes and with no time to do laundry by himself, I assume that those necessities made him start to think about to starting his own business.…
The name P&G combines William Procter with James Gamble - Procter & Gamble. On April 12, 1837, they started producing and selling their soap and candles. On August 22, they formalized their business relationship by pledging $3,596.47 a piece. The formal partnership agreement is signed on October 31, 1837 what began in 1850 as a small, family-operated Soap and Candle Company now provides personal care of superior quality and value to consumers in 140 countries. Since 2000, the P&G president and chief executive A.G. Lafley leads community consists of nearly 98,000 people working in almost 80 countries worldwide.…