founder‚ The Body Shop International In the late 1990s‚ The Body Shop International PLC‚ previously one of the fastest growing manufacturer-retailers in the world‚ ran aground. Although the firm had an annual revenue growth rate of 20% in the early to middle 1990s‚ by the late 1990s‚ revenue growth slowed to around 8%. New retailers of the naturally based skin- and hair-care products entered the market‚ bringing intense competition for The Body Shop. Amidst the competition‚ The Body Shop failed to
Premium Balance sheet Asset Spreadsheet
Investigating the ethical claims of The Body Shop‚ assessing how far it lives up to those claims XIAOMAN TAN TAXIC2A ILSC for the Business Professional ILSBUS Gill Marshall Date: Wednesday 5th December 4pm Word count: 1604 Abstract This
Premium Human rights The Body Shop Animal rights
Executive Summary The Body Shop International PLC has been facing a myriad of issues in the late 1990s. At its creation‚ the body shop has seen tremendous growth and success. The company thrived to bring a new revolutionary business model and was extremely successful. But after those successful years in the early 1990s‚ the competition became fierce as new entrants came and absorbed parts of the market. This led to declining sales and profits for the company as they were not able to differentiate
Premium Revenue Balance sheet Inventory
Question 1 Anita Roddick and the Body Shop In 1976‚ Anita Roddick opened her first Body Shop store in Brighton‚ England‚ with £4000 in borrowed funds from a bank. She began by selling a small range of skin and hair care products made from natural ingredients (Roddick‚ 1991‚ pp. 19‚ 76). In the beginning‚ Roddick did not possess the skills necessary to run a large organization. This can be seen when the Body Shop International (BST)‚ at first‚ had no business plan and no job descriptions. As a
Premium Social responsibility Marketing The Body Shop
paper forecasts next three-year earnings and financial needs of The Body Shop. Due to lack of information‚ this forecast based on some key assumptions about the relationship between sales and other accounting ratios‚ firstly forecast sales then forecast other ratios in financial statements. Sales: It is assumed that sales growth ratio will maintain at 11% next three years due to the need of increasing revenue of The Body Shop. This figure is the average growth rate from 1999 to 2001. COGS: The
Premium Expense Generally Accepted Accounting Principles Operating expense
According to our calculations The Body Shop will need additional funding of £16.97‚ £20.55‚ and £24.60 in 2002‚ 2003 & 2004 respectively for a total of £62.12. These numbers were derived by developing trial pro-forma balance sheets and finding the difference between our assets and liabilities and equity. This calculation equals the plug‚ which told us how much additional funding was needed. After forecasting these numbers we were able to conclude that The Body Shop will need the aforementioned funding
Premium Finance Generally Accepted Accounting Principles Balance sheet
LECTURER: MARTIN BROWN SUBMITTED BY: INGA TROFIMOVA (TRO08431937) SUBMISSION DATE: 15th May ’2009 My Organisational Experience in The Body Shop _Introduction_ This essay explores my organisational experience. I have chosen to write about this organisation because I think it is one of the most successful companies in the world. Also it is good example of how an inexperienced person can become a successful businessman. In today ’s changing global environments many companies have joined the open
Premium Culture The Body Shop Ethics
worldwide are being urged to assume more serious and broader responsibilities to community than ever in recent decades‚ and asked to serve a wider range of human values. The pressures of society responsibilities are distinctly real as many leading global businesses including Nike‚ Reebok‚ and Nestle are witnesses; these businesses have been encountered tense disrepute to their reputations because they failed to cleave to social responsibility standards. The term sustainability or the triple bottom line
Premium Corporate social responsibility Social responsibility Business ethics
Body shop white The Body Shop Moisture White Shiso Whitening Night Treatment Company Background The Body Shop is a cosmetic International Company that has 2400 stores in 61countries. The company is now part of the L’Oreal corporate group. The Body Shop carries a wide range of products for the body‚ face‚ hair and home. The Body Shop claims its products are "inspired by nature" and they feature ingredients such as marula oil and sesame seed oil sourced through the Community Fair Trade program
Premium Ho Chi Minh Marketing Ho Chi Minh City
Media and Its Ethical Responsibilities SOC120 Introduction to Ethics and Social Responsibility Charles Kaye March 19‚ 2012 Media and Its Ethical Responsibilities Mass media has become a major influence in our lives throughout the years. We live in a society that is dependent on information and communication. We rely on these daily for direction and help to accomplish basic activities such as work‚ education‚ traveling‚ etc…. Due to the advancement of technology‚ life has become much easier
Premium Violence Ethics Mass media