Billabong Financial Review over 2012 & 2013 A. Current Ratio Part 1: ! ! ! ! ! ! Current ratio = Current assets Current liabilities 2012 Current ratio = 898.92 611.44 = $1.47 2013 Current ratio = 622.37 612.50 = $1.02 Part 2: The current ratio is a measure of a business’ liquidity‚ calculated by taking total current assets and dividing by total current liabilities. The 2013 current ratio for Billabong has dropped $0.45 since 2012. It is generally unwise for a business
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[pic] Billabong International Ltd. Company Marketing plan By (James) Company History Billabong is a holding company for an Australian brand of surf wear and extreme sports apparel. The company was established by Gordon and Rena Merchant in Burleigh Heads on the Gold Coast‚ Queensland in 1973 and expanded overseas into Japan‚ the USA and Europe through licensing agreements with third parties. Billabong sources its products from manufacturers before attaching their specific
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On May 10 2011 Tesco Plc published the new Vision and Strategy. We have a great business and I’ve been impressed by the very positive momentum which I have noticed over the past couple of months. I expect the pursuit of our new vision together with the application of our strategy will make us even more successful in the years ahead. Our previous strategy served us well for over a decade but we’ve updated it to reflect the changing needs of our customers and the global nature of our business. Much
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Summary In the world there are 194 countries and Billabong has sold their product over 100 countries‚ the major regions are the North America‚ Australasia and Europe. There are several smaller regions that are selling products of Billabong‚ such as Australia‚ New Zealand‚ Singapore and more (Billabong n.d.). Billabong has been recognised in Australian and most in European countries for more than 10 years in the boardsports industry‚ yet Billabong has a limited consumer in a limited area with the
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Introduction Billabong International Limited (BBG) produces surf wear‚ sports apparel and accessories for the surf‚ skate and snowboard markets (Macquarie‚ 2012). The firm recorded an 18.4% decrease in net profit to A$119.1 million in 2011 (Billabong Shareholder Review 2010/2011). After intense acquisition efforts‚ which saw Billabong buying over 11 brands (Appendix A)‚ the company was forced to undergo a major restructuring‚ closing 150 stores and cutting 400 jobs worldwide
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Name of lecturer/teacher Mr David Toleman Tutor/marker’s name Faculty or school date stamp STUDENT(S) Family Name(s) Given Name(s) Student ID Number(s) (1) Ramalingam Vijay anand 100021247 (2) (3) (4) (5) (6) DECLARATION AND STATEMENT OF AUTHORSHIP 1. I/we have not impersonated‚ or allowed myself/ourselves to be impersonated by any person for the purposes of this assessment. 2. This assessment is my/our original work and no part of it has been copied from any other source except
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Analytical Essays An analytical or analysis essay is one that analyzes‚ that is‚ interprets or examines something. There are several different kinds of analytical essay including cause and effect‚ description‚ literary analysis‚ and process analysis. Cause and Effect A cause and effect essay examines or interprets the causes or effects of a situation. In this kind of essay‚ you may start from a known result or situation and examine what brought about that result. For example‚ it is known and
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Research A common situation that has been reported on a regular basis within numerous health care facilities is the overall amount of communication that is taking place between nurses‚ doctors and patients. In some cases this lack of communication that is occurring among the staff can lead to errors and possibly death. While this is no doubt a tragedy‚ the reality that changing the culture of communication with in the hospital can be a formidable challenge that must be addressed to fix this ongoing
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A Party I never thought the day would come and I have to see my ever best friend lying on the dead bed taking his last breathe. Tears rolled down my eyes as I saw him in severe pain‚ breathing heavily and doctors pressing his chest to help him breathe. I thought to myself that I would never forgive myself for this. He was lying there because of my mistake. If I hadn’t insisted to drive this would have had never happened to him that night. Ali was my childhood friend. We grew up at one place
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MISSION AND VISION A vision statement represents the overall goal or purpose of the organization and is described with a global or high level order of words. The statement should be original and peculiar to the organization written in concise terms that are both attractive yet realistic. These statements represents the ideal state of affairs‚ identifying the future position of the business that the staff are committed to. As for the Walt Disney Company‚ the vision statement is “ To Make People Happy”
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