Custom Business Essays
Business Custom Essays: Next PESTLE analysis
A PESTLE analysis provides and analysis of six of the key macro level factors which affect a business and the decision which it makes (Grant, 2008). This assignment will apply the relevant factors within the PESTLE framework to the international clothing retailer Next and its subsidiaries. Data upon which the assignment is based comes from a variety of sources including the company's annual report (Next, 2012) and released and well as information from the academic and business press. In order to give the assignment a greater level of focus, the report will be limited to an analysis of the external environment in the UK.
Business Custom Essays: Business Company Strategy
The objectives of a business are to achieve growth, become profitable and to satisfy the customer's needs. Many of the business have not optimally achieved this but Wimm-Bill-Dann has utilized its strategies in achieving a significant growth and this has been through mergers and acquisitions. Wimm-Bill-Dann is a Russian company that deals with dairy products, nectars, fruit juices and baby food. It is a market leader across the Russian territory with its best selling J-7 juice and agusha baby food. Its market extend from Russia, former soviet republics and 10 other countries all with more than 280 million consumers.
Wimm-Bill-Dann has 37 plants in Russia,Ukraine,Georgia and central Asia. The company mission is ensuring that families live a healthy life by enjoying the companies nutritious and beverage products each day throught their entire lifespan. The company has several committees whose aim is to ensure that the company's objectives are achieved. These committees include audit committee, investment and strategic planning committee and personnel and compensation committee. Audit committees goals and objectives is to assist the board of directors in carrying its responsibility in matters concerning preparation of financial statements, ensuring that there is an effective internal control, ensuring liaising and working with internal auditors and keeping with requirement of legislative and normative acts.
Business Custom Essays: Company Shareholders Reporting
Good company reporting is absolutely necessary and vital as it provides valuable information to its shareholders, creditors and other stakeholder groups who may have the interest in knowing the position of the companies and their activities. It is equally important to maintain an equilibrium or balance between the cost of collecting and publishing the information and the cost of finding the information by the respective readers. It does not necessarily mean that adding bulks of information make the report a good one. It is the quality of information that counts.
Government is highly dedicated to affirm that reports maintain a certain degree of quality rather than large and unwieldy information. Trade and Industry Committee (2002) Clarity of purpose is the key to economic success. The companies are most likely to pretend their motto is to maximise shareholders value. Company reports serve the useful information to those interested in the activities of the company, mainly the stakeholder groups. Stakeholders act as nucleus, around which the future activities and strategies would be framed. Company law explicitly guards stakeholder's value in different areas of disclosure. Zairi, M., and letza, S. (1994
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