MANAGEMENT ACCOUNTING PRACTICES COMPANY: BATA INDIA Ltd. EXECUTIVE SUMMARY This report discusses the detail of 1) Bata’s main line of business. 2) Its main competitors and their value chain comparison. 3) Strategy the company is following. 4) Current Costing System of the company. 5) Decision making on the basis of cost and information. 6) Decisions are being taken using management accounting information. To summarise the above points we know that Bata is the fastest growing footwear brand
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BATA IN INDIA Export Quantity Million pairs 49.22 52.05 62.19 Export Value Rs. in millions 19‚308 20‚962 26‚073 Import Quantity Million pairs 2.37 2.75 4.54 Import Value Rs. in millions 386 414 654 Sales Value Rs. in millions 51‚000 52‚000 53‚000 Market Size Rs. in millions 51‚386 52‚414 53‚654 Domestic Consumption Rs. in millions 32‚078 31‚451 27‚581 Source: .Industry Market Size & Shares. dated February 2005‚ Economic Intelligence Service Key Milestones Date/Year Event 1894
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AIR INDIA PROBLEMS FACED IN RESPECT TO HUMAN RESOURCE MANAGEMENT The study reveals how poor management and stubborn work force can drive a monopoly into losses. It also throws light on other lapses such as poor canteen management and payment of excessive allowances. The airline is entering a defining period. The human resources integration following the merger of the Indian Airlines with Air India has been handled badly‚ It adds that this issues has been almost deliberately ignored‚ with nobody
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BATA INDIA: The Company was incorporated in the year 1931 as Bata Shoe Company Pvt. Ltd. in Konngar‚West Bengal‚ which was then shifted to Batanagar. Batanagar was the first manufacturing facility in the Indianshoe industry to receive the ISO 9001 certification. The Company went public in 1973. They changed their nameto Bata India Ltd. Over the years‚ Bata India has established a leadership position in the footwear industry andis easily the most trusted name in branded footwear. The Company has
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BATA SHOE LIMITED Market segmentation Market segmentation is a marketing strategy that involves dividing a broad target market into subsets of consumers who have common needs (and/or common desires) as well as common applications for the relevant goods and services. Depending on the specific characteristics of the product‚ these subsets may be divided by criteria such as age and gender‚ or other distinctions‚ such as location or income. Marketing campaigns can then be designed and implemented
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Part a Problem The HR problem that I am going to highlight in this organisation is the lack of promotion and opportunities to develop. Many of the employees who have worked for the company for many years have seen no promotional opportunities arise. The employees are all very committed and dedicated towards their jobs but are now beginning to find going to work lacklustre and boring as the work is no longer challenging. This is causing a huge lack of motivation from the general workforce. All employees
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(SUBSIDIARY PROFILE) Board of Directors Fernando Garcia Restrepo Chairman Present position Group Managing Director‚ Bata Emerging Markets (WEST) Rashidul Hasan Independent Director Previous positions President Director‚ Bata Indonesia Managing Director‚ Bata Kenya Managing Director‚ Bata India Vice President‚ Wholesale & Marketing‚ Bata Ltd‚ Toronto‚ Canada Managing Director‚ Bata Bangladesh Current positions Chairman‚ Uttara Finance & Investments Ltd. Independent Director‚ Reckitt Benckiser
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ABOUT BATA: This company came into being in year 1894 .The T.&A. Bata Shoe Company is registered in Zlin‚ Czechoslovakia by the siblings Tomas‚ Anna and Anton in Bata. Innovative from the beginning it departs from century old traditions of the one-man cobblers’ workshop. BATA TODAY: “To grow as a dynamic‚ innovative and market driven domesticmanufacturer and distributor‚ with footwear as our corebusiness‚ while maintaining a commitment to the country‚culture
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India should stop obsessing about how to become one of the world’s great powers and focus on solving its biggest problems to become a great nation‚ Sundeep Wasleka‚ the president of Strategic Foresight Group‚ writes in this month’s Forbes India. At present‚ regardless of the hype‚ India is failing‚ Wasleka suggests. Politicians and business leaders are always thumping their chests over India’s rising importance in the G20 and lobby for a new G10 (the G8 plus India and China). But 200 out of the
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PROFILE 1.0 Background/History of Bata SHOE COMPANY A company that sustains over a span of 100 years and still marks its presence in the world market is Bata. As one of the famous global businesses in the world today‚ Bata Shoe Organization was founded in 1894 by Czech businessman Tomas Bata in the city of Zlin‚ what was then Czechoslovakia. Coming from a family of shoemakers with a long heritage of eight generations and over three hundred years‚ Tomas Bata capitalized on knowledge‚ expertise
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