SUSTAINABLE MARKETING AND MANAGEMENT (BUS5SSM) Critical Analysis on “Management capabilities of JB Hi Fi”. Submitted by: MOHIT DAHIYA – 18796092 A company always requires a good management to succeed in the long run. Management is the way toward achieving hierarchical objectives by working with and through individuals and other authoritative assets. It is a procedure or arrangement of proceeding and related exercises. Some think little of the significance of administration
Early History 1974 - 2000 JB Hi-Fi was established in 1974 by Mr. John Barbuto. He opened the business with only a single store in Melbourne, Victoria. He had one main vision when he started up the business and that was to sell a high-quality range of Hi-Fi products at the lowest prices possible in Australia. In these first years, the JB Hi-Fi business concentrated on the music market selling Hi-Fi equipment and vinyl records. Mr Barbuto’s initial goal for his business were successful and after
JB Hi Fi A company always requires a good management to succeed in the long run. Management is the process of reaching organizational goals by working with and through people and other organizational resources. It is a procedure or arrangement of proceeding and related exercises. It involves and concentrates on reaching organizational goals. It reaches these goals by working with and through people and other organizational resources. Some think little of the significance of administration in
the findings of an analysis conducted on JB Hi-Fi (JBH). This evaluation will be assessed to present a recommendation to acquire shares to add to an investment portfolio. This report will assess JBH relative to profitability, asset efficiency, liquidity, capital structure a BSBFIA402A REPORT ON FINANICIAL ACTIVITY DANIELO FRUSCIANTE BUSINESS REPORT JB Hi-Fi (JBH) Company Profile Sector: Services Industry: Specialty Retail, Other Public Company:
With a strong sign of the success of the business in October 2003, JB Hi Fi was floated on the Australian Stock Exchange. JB Hi Fi has proven to be one of Australia’s fastest growing and largest retailers of home entertainment. Looking to build on the successful model and expand their operations in July 2004, JB Hi Fi bought the Clive Anthony chain of retail stores who competed in the same retail space. Harvey Norman
sustainability can be important organizational resource and a desirable approach to differentiate from other competitors. The ―store as brand‖ and retail branding is emerging as one of the most important strategic initiatives in the modern retail industry specially in United States and Europe (Carpenter et al, 2005, pp.43-53). Better customers experience has become center of attention for the retailers, which have made retailers to focus on the store design and improving the retail environment. Consumers’
Company Overview JB Hi-fi was established by John Barbuto (JB) in 1974 and opened its first shop in Melbourne. In 1983, it was sold to Bouris and Rodd who expanded the company and, later on, sold the majority of their holding to a private equity, Next Capital Pty Limited. The company’s share was floated in Australian Stock Exchange in 2003 at IPO price of $1.55. JB Hi-Fi, has diversified its business from predominantly selling music CDs, and is now a major retailer for televisions, audio/visual
Market Ratios between Financial Year 2010 and Financial Year 2015 Harvey Norman’s share performance in the marketplace is unstable as you can see in Table __ and Fig __. Its Price per share reduced from Financial Year 2010 which had a value of $15.2 to a low in Financial Year 2011 of $7.6, before increasing to $17 in Financial Year 2015, its maximum was in the Financial Year 2013 with a whopping $23.5. Across this period Earnings Per Share (EPS) have averaged $0.18 which again makes no difference
JB Hi-Fi limited is a company that is based in Australia. It usually engages in the selling of the home consumer electronic products which include the televisions, video cameras, mobile phones, home theatres, digital still and other electrical accessories like the kitchen equipment, computing equipment, the air conditioners, small electrical appliances like the car sound systems; both visual and audio and other things like the movies and games. It continues to stock exclusive specialist range of
Financial Analysis The question asks us to compare and evaluate JB Hi-Fi’s calculated ratio report, with that of the retail industry ratio report (Potter, Libby, Libby, Short p. 1133). The retail ratio report is comprised of a basket of listed companies which operate under the retail banner, which makes it relevant to use as a comparison to JB Hi-Fi. 1. Liquidity ratios are a class of financial metrics that is used to determine a company's ability to pay off its short-terms debts obligations