enterprise‚ all the relevant financial information‚ presented in a structured manner and in a form easy to understand‚ are called the financial statements. They typically include four basic financial statements‚ accompanied by a management discussion and analysis: 1. Statement of Financial Position: also referred to as a balance sheet‚ reports on a company ’s assets‚ liabilities‚ and ownership equity at a given point in time. 2. Statement of Comprehensive Income: also referred to as Profit and Loss statement
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conditions such as distribution of income‚ rise in the standard of living and purchasing power of the public‚ demand and supply etc. Hugely influence the airline industry. PESTL analysis is a useful tool for understanding market growth or decline‚ business position‚ potential and directions for operations (Kotler‚ 1998). PESTL Analysis of British Airways: A) POLITICAL * Deregulation as the size of the market increases‚ causing economics of scale to increase. * Heavy Regulations (AEA‚ 2009). The
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Gross margin is calculated by subtracting cost of goods sold from total sales divided by sales. The result‚ a percentage‚ is the amount a company is able to retain after incurring direct costs of production. Coffee retailer‚ Starbucks‚ has seen a steady rise in its gross margin over the last five fiscal years‚ from 56.29% in 2012 to 60.07% at the end of fiscal year 2016; rising roughly 1% each year‚ as seen in the chart below: Date Revenue (In millions) (Cost of Goods Sold) Result September 30‚
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Financial Accounting and Reporting (8th Edition)‚ FT/Prentice Hall. Lewis‚ R. & Pendrill. D. (2004)‚ “Advanced Financial Accounting” (7th Edition)‚ FT/Prentice Hall. Britton & Jorissen. (2003)‚ “International Financial Reporting and Analysis” Thomson Task 4 Tisdale M.A. (N.D.) WiseGeek: “What is a Trade Surplus” [Online] available on http://www.wisegeek.com/what-is-a-trade-surplus.htm# Pettinger T. (2012) Economics: “Balance of Payments Disequilibrium” [Online] available
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PESTEL analysis of the macro-environment There are many factors in the macro-environment that will effect the decisions of the managers of any organisation. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyse these factors managers can categorise them using the PESTEL model. This classification distinguishes between: • Political factors. These refer to government policy such as the degree of intervention in
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A Resource Based Analysis of Starbucks The current economic situation has required that organizations rethink the way that they do business. With people losing jobs and salaries being cut‚ people are spending money on essentials and opting less and less to spend on the extras. Groceries‚ rent‚ housing‚ transportation‚ education are of value while grooming‚ meals out‚ movies and cups of coffee or considered frivolous expenses. One organization that banks on Americans need to feed their self
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Coca-Cola SWOT and PEST Analysis In today’s society‚ there are many different firms that make up the business world. One company in particular that is of interest to me is Coca-Cola. Coca-Cola is a global business that operates on a local sale in every community that is does business in. In order to fully understand the specifics of this company‚ one must conduct a thorough analysis of the company by using the SWOT and PEST methods. To begin with‚ the first part of the SWOT analysis includes the strengths
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Starbucks Contents Introduction 3 The organization’s strategic position 3 External drivers affecting this organization 6 Value adding in Starbucks 9 Sustainability of Starbucks’s strategic position 13 Conclusion 14 References 15 Introduction Starbucks‚ the biggest coffee retailer in the world‚ grows from a small‚ regional business into the undisputable leader in the specialty coffee industry. It arrives in the UK in
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A PEST Analysis Report of HSBC Introduction HSBC holding plc is a global banking and financial services company headquartered in London‚ United Kingdom. The business of HSBC includes personal financial services (retail banking)‚ commercial banking‚ global banking and markets (investment banking)‚ and private banking. HSBC holding was founded in 1991 by the Hongkong and Shanghai Banking Corporation. The bank’s first branches were original opened in Hong Kong and Shanghai in 1865. HSBC lists
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1 Background to Acer Acer is a global force in the IT market. The company’s goal (September 2009) is to become the world’s number one netbook vendor. Acer was founded by Stan Shih and his wife‚ with a group of fi ve others‚ as Multitech in 1976. The company was renamed Acer in 1987. It began with eleven employees and US$25‚000 in capital. Initially‚ it was primarily a distributor of electronic parts and a consultant in the use of microprocessor technologies‚ but over time it began to develop
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