Business Enterprise And Its Internal Environment

ASSESSMENT TASK-2: MONITOR AND REVIEW Houzit Pty Ltd Variance to Budget Third Quarter Ended September 2010 ACTUAL RESULTS BUDGET-Qx Actual-Qx $ Variance % Variance F or U Revenue Sales $ 4,085,668.00 $ 3,371,200.00 $ 714,468.00 17% U Cost of Goods Sold $ 2,287,974.00 $ 1,955,296.00 $ 332,678.00 15% U Gross Profit $ 1,797,694.00 $ 1,415,904.00 $ 381,790.00 21% U Gross Profit Percentage 44% 42% 2% 5% U Expenses Accounting Fees $ 2,500.00 $ 2,500.00 $ - 0% F Interest Fees $ 21,127.00 $ 28,150.00 $ (7,023.00) -33% U Bank Charges $ 395.00 $ 380.00 $ 15.00 4% F Depreciation $ 42,500.00 $ 42,500.00 $ It is working efficiently within its resources and does not require any additional funds from outside resources for its operations. Its plan to pay off its debt by applying the company’s profits to repay long term debt is a good plan for the company to lessen incidental expenses that relates to it. The company should regularly review its performance and match it against the industry mark in order to ensure that it is functioning at an optimum and effective level which is beneficial to its

• Offers Products online, hence no extra costs for construction of outlets and shops • Flexible subscription • Easy visibility of the company and recognition of its brand name, due to unparalleled marketing strategies

• Global brand and leading market position The company has maintained its core strength by its name which has become quite synonymous as connected with the fitness market.

Moreover, they apply advanced new equipment and Technologies which raise the corporation. The best strength factor for this corporation is the low cost strategy and the great relations between employees and low attrition rates. In addition to that, they have a strong CSR Program

 Content is irrevocably tied to the brand’s product, and part of the brand’s value proposition.

Table of Contents 1. Executive Summary…….………………………………………………………………………………………………2 2. Analysis of External General and Industry Environment……………………………………………. 3 Porter’s Five Forces…………………………………………………………………………………………………….3 PESTEL Analysis……………………………………………………………………………………..……………………4 External Factor Analysis Summary (EFAS)…………………………………………………………….…....5 3. Internal Analysis of the Company………………………………………………………….……………………6 Internal Factor Analysis Summary (IFAS)………………………………………………….…………………8 4. Assessment of Company Performance………………………………………………..………………………9 Financial Ratio Analysis………………………………………………………………………………………………..9 5. Recommendation of Strategies…………………………………………………………………………………15 TOWS Matrix………………………………………………………………………………………………………………15 The company’s brand recognition is visible globally. It also possesses strong capital resources and has exhibited positive results to its shareholders in the past.

The final consumers, which are increasingly demanding, may represent a more significant threat. However, the strong image of the company has created a kind of fidelity between the company and the final

We appreciate the trust and confidence you have placed in the management team, together we are working to build a company that provides steady earnings and consistent growth. 2023 resulted in an industry leading share price increase of 4.08%. The management team continues to create long-term steady growth while simultaneously investing heavily in employee training, as well as research and development. Prolific Coaches is strongly focused on employee satisfaction and we are proud to report the lowest turnover rate in the industry. By investing in employees, the company has reduced overall cost, realized learning curve advantages, and created the most experienced pool of employees in the

Table of Contents Executive Summary 3 About the company: Deere & Company 4 I. Vision and Mission 4 II. Value System 5 Policies Code of Ethics III. Management Structure and nature 6 Division Structure Advantage Disadvantage Global Operating model: Platform Services Organization Structure Quality of Board members It has a division organization structure in each industry that it operates viz. agriculture, construction, forestry, turf care, parts, power system, and financial services. Due to its expansion policy, it follows a global operating model wherein it has a global platform service organization structure at the broad level. This report discusses the advantages and disadvantages of the management structure, quality of the board members and the shareholder pattern followed by the organization. The human resource, which is the key element in the fast paced progress of the organization, suggest care and nurture of all the stakeholder viz. employees, suppliers, dealers, and business partners. The Company has a long standing in the industry and hence has a strong brand recognition that suggests reliability, approachability and efficiency in its products and services. The report analyses its value chain and uses Michael Porters five forces to understand its standing in the farm economy as well as in other heavy machinery industry. Finally, the Company has performed well even during recession in the past and current declining farm economy. Although it shows a fall in its net revenue, there has been considerable investment in the past year. Overall, it has impacted the farm economy and aided in the industrialization of many developing countries world over.

Fraud prevention is a concern to both small businesses and large corporations alike. Business owners place their trust into employees who are hired to perform duties that contribute to the success of the company. When that trust is broken, or ideally before this occurs, businesses must look to their internal controls in an effort to limit the opportunity for such malicious behavior. The purpose of this paper is to define internal controls, explain the purpose it serves in the business environment, and common internal control measures. Additionally, an example of internal control from this author’s employer will be discussed as well as an incidence of embezzlement found while researching this topic. Let’s first take a look at its definition and some examples.

The Union Assurance brand is positioned The company moved from a platform of care to a platform of trust, the company declared that the dynamic change in its brand would not have been possible or successful without the efforts of its employees.

Introduction Starbuck’s strategy focused on three components; high-quality coffee, intimate service, and ambient atmosphere. Starbucks worked closely with growers in Africa, South and Central America, and Asia-Pacific regions to insure the quality of its product. Starbucks called all employees' "partners" and worked hard to train them with the skills necessary to

1.7.1 INTERNAL ENVIRONMENT: It is defined as all the forces or conditions that are available within an environment that affects an organization and business. It is also known as controllable factors because business can control them. The internal environment deals with the management of resources like human resources, physical resources, technology, monetary resources and others that constitute the organization in order to implement or execute a strategy. Internal environment also includes culture and other intangible aspects like teamwork, coordination, efficiency level of employees, employee’s salaries and monitoring costs. The strategy for competition should also be in sync with the internal resources especially the internal environment.

Executive Summary Banyan Tree offers a unique experience with its hotel and spa experiences in the South East Asian region. Labeling itself as an aspirational brand, the company was established by the Ho family in 1992 and has boasted a gross profit of $52.1 million in 2006. Its superior branding, excellent

The internal business environment includes factors within the organisation that impact the approach and success of the business operations. Formerly presented as core competencies, capabilities, leadership style and culture of an organisation. To understand its sources of competitive advantage from within a firm or an organisation will implement specific tools such as SWOT analysis (Strength, Weaknesses Opportunities and Threats), Value chain analysis, Resource based view, VRIO framework and BCG Matrix for instance.