The average applied tariff rate in Australia is 3.5 per cent and the countries tariff rates varies between 0 to 5 percent. The tariff rates in China are at 9.9 per cent and subject to allowable reduction, as per the ‘free’ agreement, to even zero percent. China’s vast population will form a good market for the produced goods from the foreign company. The community will offer the Australian product a ready market and, therefore, assure it of guaranteed returns. A big local market with real purchasing power forms a better investment opportunity than a large population with lower purchasing
Houzit is a national retail brand that is satisfying the home makers ' needs by providing them unique, wide variety of quality homeware products with an easy payment procedure. The mission of the company asserts that the organization is planning to move towards enlargement of its business by ensuring its presence in all the major cities of Australian market by the year 2020. The basic focus of the company is on three parameters: Quality, Unique items and Selection The following are the stated objectives of the organization (Houzit): To bring an annual sales increase of $ 5 million by moving the sales figures from $15 million per year to %20 million per year during the next three years period. To enhance the list of loyal customers from 10,000 to 15,000. Considering Brisbane as a potential market, brand recognition need to be established so that one out of every 3 people will recognise the Houzit brand in a random survey that is conducted in 18 months ' time.
Inditex Sales (million Euros) 1H 2012 1H 2011 % Change 12/11 Sales (Press release) 7239 6209 +17% Online sales (Estimated) 432 310 +40% Table 1: Inditex’s Press release 19.09.2012 Within consideration involving Zara’s proportional business share involving approx. 65% at Inditex sales good financial report 2011, we considered it in this objective. With the online revenue calculation for the second thing 2012 people estimated 6% of sales and often will extrapolate around 7% sales by the end associated with 2013. In attention of Zara’s fresh launched online store in China to the 5th of September 2012 (Inditex press release 2012) efficient estimating a significant increase inside online gross sales. The level of ambition shall be defined inside EUR 840m with the end of 2013.
The Good Guys store is a business that sells all household electrical appliance and each division is managed by a manager for each division of a set electronics it be technology, kitchen appliance or living appliance. The Good Guys is one of Australia’s largest electrical appliance retailers, currently operating 100 stores across metropolitan and regional Australia and online and have thousands if not millions of managers controlling the activities of each department. The Good Guys has won multiple customer service awards, and more recently, the 2015 NORA Multichannel Retailer of the Year, this is due to their competiveness and cheaper prices for their various products and good management skills. The Good Guys have a decentralised organisation
e) Features f) Benefits g) Strengths h) Weakness Selected company’s product features IGA product features is very high quality which is made with latest technology Competitors product features Coles product features is manufactured in mass production which the product is made with quality material Selected company’s product benefits IGA have a very competitive price on the products for the consumer which is sold in reasonable price which makes cheaper for the low-income earner Competitors product benefits Coles product is always available in limited quantity is easy for the consumers to buy whenever they want Selected company’s product strengths IGA product is made in Australia which give warranty on our products Competitors product strengths Coles product is made in Australia which maintains good quality Selected company’s product weakness IGA got so many competitors which affects the sale of the product and it’s hard to sell old products which the company loses their money on the products Competitors product weakness When the economics changes, it affects Coles product prices which makes the company to sell the cheaper product in half
1. Increase sales revenue and gross profit; and maintain or increase market share Strategy Objectives Activity Responsibility Performance Measure Approved Resources Timeline Marketing Objectives To position Australian Hardware as a provider of top quality, brand name hardware products expert Service at attractive price points Increase foot traffic to 1,000 people per day Increase website traffic to 20,000 visits per day Drive sales and revenue growth in line with financial goals. Provide direction to local marketing activities and coordinate with business plan. ● Induction and training of staff to include knowledge of campaigns and value propositions for segments. National Chief Operating Officer (COO) Store General Manager (GM) Marketing
According to financials, Citigroup is the third-largest U.S. bank by assets, reporting a 4 percent jump in the first quarter profit advanced 4.2 percent to $47.62 that beat analysts' expectation which helped by lower loan loss reserves. The net income grew 4 percent to $3.94 billion, or $1.23 per share, from $3.8 billion, or $1.23 per share. The firm earned $1.30 per share excluding items. A pharmaceutical company Eli Lilly edged up 1.4 percent to $59.26. The shares raised from underperform to hold.
SWOT Analysis SWOT analysis is a tool that helps in assessing the Strengths, Weaknesses, Opportunities, and Threats involved in any commercial business. An individual or firm look at the strengths and weaknesses which are in relation to the internal operations of the business and can be controlled by the firm, whereas the opportunities and threats are facets which are exterior to the business and not controlled by them (Kerzner, 2015). A detailed SWOT analysis of our new product, The World of Monopoly, introduced by the organization is as follows: Strengths • The World of Monopoly theme park and resort will be strategically located on Sheikh Zayed Road just after the ever-popular Ibn Battuta Mall, the theme park will also become the
2. Needs and wants of the demographic group: Upgraded technology that can offer a unique experience Compact and easily portable Two in one product 3. How the needs and wants of targeted group are reflected in the marketing mix: The marketing mix reflects the demographic group through the product’s discounted price, promotional bonus gift voucher, advertised as a student’s study tool, distributed by delivery and by personal means and by the products unique features that are wanted and needed by the targeted group. JB HI-FI JB HI-FI is a one of Australia’s fastest growing retailers of home entertainment. The retailer stretches to 122 stores in Australia and New Zealand.
RESEARCH PAPER – CORPORATE FINANCE Introduction In 1962, the first Walmart store was opened in Rogers, AK. Founded on the principal, “The Lowest Prices Anytime, Anywhere,” offering better prices and services for his customers was the guiding mission of Walmart. By 1967, 24 stores were owned by the Walton’s. In 1970, Walmart was incorporated as Walmart Stores, Inc., and was first traded on the NYSE in 1972, trading at $16.50 per share. As of December 2014, Walmart shares are trading at $84.12, and Walmart has grown to the most profitable company in the world (Forbes), operating 11,000 stores in 27 countries with 2.2 million associates.