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
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COSMA ZONE EXPANSION TO CHINA Submitted To: PROF. MUBASHIR Submitted By: RAMSHA KHALID 10 MAHWISH IJAZ 32 SHAZMIRA AHMAD 40 MBA 1.5 (2ND Semester) 2012-2014 INSTITUTE OF BUSINESS ADMINISTRATION UNIVERSITY OF THE PUNJAB WHY GO GLOBAL? Business has to scale up to meet the demands of this global market. The scaling-up process is unavoidable. - Richard Parsons‚ former CEO and Chairman of Time Warner
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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
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Body Shop International‚ which is traded in the London Stock Exchange as BOS and more commonly known as The Body Shop‚ is founded by Anita Perella Roddick. During the 1970s‚ when Anita and her now-husband Gordon Roddick were visiting San Francisco‚ they came across this particular store on Berkeley‚ which was selling different skin care products. This store‚ which was called "The Body Shop" and was founded by two locals‚ was also publicly promoting their fight against certain environmental concerns
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Marketing orientation is a concept of an organization which underlines that the company`s success is mainly based on customers` satisfaction. The stress here is put on valuing consumers` needs and wants first of all. “A marketing oriented firm (also called the marketing concept‚ or consumer focus‚ or customer focus) is one that allows the wants and needs of customers and potential customers to drive all the firm ’s strategic decisions. The firm ’s corporate culture is systematically committed
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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
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Define Marketing Management People are exposed to marketing in almost everything and they can see the results of marketing in the advertisements on television‚ internet‚ and so on and in the abundance of many products. So marketing can be define as an area that has been evolved over time and its process is a set of activities that includes understand‚ deliver‚ create and communicate about a product or service to customers‚ clients. According to The Chartered Institute of Marketing marketing is “The
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Vertical integration - Definition In microeconomics and strategic management‚ vertical integration is a theory describing a style of ownership and control. Vertically integrated companies are united through a hierarchy and share a common owner. Usually each member of the hierarchy produces a different product‚ and the products combine to satisfy a common need. It is contrasted with horizontal integration. A monopoly produced through vertical integration is called a vertical monopoly. Contents
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SWOT and TOWS Analysis The Body Shop retailer shops have a competitive advantage by being the only shops that sell quality natural-based products which respect the planet. The Body Shop has clearly a strong brand and socially active image that customers recognize and identify with. These strengths will help the company to better penetrate and win a share in the US cosmetic market‚ as its competitors do not profit from these advantages. Even though the US society is still not environmentally
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Brand Comparisons - The Body Shop & Lush Part One “The growth of e-commerce has forced traditional brick-and-mortar retailers to respond.” (Philip and Kevin‚ 2012) As two leading brands in beauty product industry‚ The Body Shop & Lush perform well in their retail shops. I am interested in exploring their strategies to strengthen the marketing position. The beauty industry helps people to improve their appearance. Nowadays‚ far more than cosmetics and skin care products‚ the beauty
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