TASK 1 I) The Islay Whisky Company Ltd Marginal Cost Statement for 1 unit Type of whisky Basic reserve Original reserve Special reserve £ £ £ Revenue 6.95 14.95 23.95 Variable Cost Direct materials 1.80 3.95 5.40 Direct labour 3.60 3.65 7.75 Direct expenses 0.80 1.25 1.75 6.20 8.85 14.90 Contribution 0.75 6.10 9.05 Diagram.1 II) The Islay Whisky Company Ltd Marginal Cost Statement for units Type of whisky Basic reserve Original reserve Special
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Background From a renovated gas station in Burlington‚ Vermont‚ to far-off places with names we sometimes mispronounce‚ what began over 30 years ago with 2 guys creating otherworldly ice cream flavors has turned into a tastebud-boggling odyssey of Ben & Jerry’s desserts served around the world. As for the 2 guys who started it all‚ their story starts way before that: Ben Cohen and Jerry Greenfield grew up in Merrick‚ Long Island. They first met in junior high school‚ where they struck up a
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Voluntary Report - public distribution Date: 8/3/2007 GAIN Report Number: CH7063 CH7063 China‚ Peoples Republic of Product Brief China Spirits Market 2007 Approved by: Maurice House U.S. Embassy Prepared by: Steve Leu Report Highlights: China’s spirits sales were $25.1 billion in 2006‚ representing 43% of all alcoholic drinks consumed and making it China’s number one alcoholic beverage in current value terms. Spirits consumption revolves around baijiu‚ followed by whiskey
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Political Factors Political factors has to do with politics of the day prevailing in country. It is generally assumed that if political temperatures are down; businesses tend to flourish and the vice versa is also correct. In this particular case‚ it can be said that it is neutral and thus not expected to cause much rubble in the new companies operations. However‚ future political challenges cannot be ruled out. Nike being number one sportswear in the USA‚ its profits‚ turnovers‚ marketing sponsor
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Introduction PESTLE analysis is primarily used by organizations in the identification of the various factors that shape the external environment in which the organization operates (Babette & Fleisher‚ 2008). PESTLE normally includes the political-legal‚ economic‚ socio-cultural‚ environmental and technological factors‚ which play an integral role in describing the framework of environment that the organization is currently operating and the manner in which the factors will influence the future operations
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PEST & PESTEL Analysis D EFIN ITIO N “P ES T A N A LY S IS – A N A N A LY S IS O F TH E P O LITIC A L‚ EC O N O M IC ‚ S O C IA L A N D TEC H N O LO G IC A L FA C TO R S IN TH E EX TER N A L EN V IR O N M EN T O F A N O R G A N IZ ATIO N ‚ W H IC H C A N A FFEC T ITS A C TIV ITIES A N D P ER FO R M A N C E.” [1] “P ES TEL M O D EL IN V O LV ES TH E C O LLEC TIO N A N D P O R TR AYA L O F IN FO R M ATIO N A B O U T EX TER N A L FA C TO R S W H IC H H A V E‚ O R M AY H A V E‚ A N IM PA C T O N B U
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The year 2012 witnessed a sharp slow down in the economic growth. This was mainly blamed on the debt crisis that the European countries had. At the beginning of the year 2012‚ the world was expecting the debts to continue spreading across the European countries (Grossman & Helpman. 2002). However‚ it is believed that the European debt can only be resolved completely if the sovereigns agree politically. Some countries have already shown their commitments in resolving the crisis. A good example is
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The purpose of this report is to identify a firm which you are familiar with and apply the PESTEL framework to events in its business environment. Pestel analysis is a simple‚ but very important and widely used tool to help you understand the general political‚ economic‚ socio- cultural‚ technological‚ environmental and legal environment sphere in which you are operating. This report will be about The Pestel Analysis of the Vodafone. Vodafone is a British telecommunications network company and has
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PESTEL Political & legal factors: Tobacco products are the most taxed goods in the world. Their taxes often exceed half of the retail price generating huge overcome for governments. Philip Morris sells its products in over 160 countries‚ operates in approximately 90 markets including Argentina‚ Algeria‚ Australia‚ Austria‚ Belgium‚ Canada‚ Colombia‚ the Czech Republic‚ Finland‚ France‚ Germany‚ Greece‚ Hungary‚ Indonesia‚ Italy‚ Japan‚ Kazakhstan‚ Mexico‚ the Netherlands‚ the Philippines‚ Poland
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Cooley Distillery: The Independent Spirit of Ireland Cooley Distillery‚ found in Dundalk‚ Co. Louth‚ was the first new whiskey distillery to be set up in Ireland in over 100 years and it is Ireland’s youngest‚ smallest and only independent whiskey distillery (“The Cooley Distillery”). John Teeling‚ a successful business enthusiast‚ investor‚ and Harvard Business school scholar‚ who found great interest and opportunity in Irish whiskey‚ established it in 1987. Cooley began distilling in 1989. The
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