BUSINESS ECONOMICS Assignment 1 Case study: Mintel batteries report a) What happened to sales of batteries in the period 2004-8? Provide a quantitative estimate. How do you explain the fact that over that period the amount of batteries sold increased whereas the value of sales declined? From figure 20 we can see that the volume of sold batteries from 2004 (584 million batteries) to 2008 (611 million batteries) has increased by 27 million batteries. During that period of time the volume has slightly raised, where in 2006 was the highest volume of batteries sold 620 million batteries. Being a difference the value at 2004 to 2008 prises has decrease, started …show more content…
Situation for the figure 21, which presents purchasing of batteries events, is almost the same. Figure 24. The average spending on batteries per battery buyer based on adults started with 49.44 in 2005 and has grown to 50.64 in 2008. The average spending for batteries per buyer stood almost the same during the period from 2005 to 2008, it was 10.6 in 2005 and felt down to 10.00 in 2008. The number of buyers of batteries started with 38.96 in 2005 and reached to 41.18 in the following year , kept falling down in 2007 (40.05) till reaching almost its starting point (38.89) in 2008. Figure 26 we can see over the volume sales of batteries by type. We can see that Recharge cells batteries have growth rapidly independently by the small segment of the market. In 2005 they started with 1.5 % of market volume sales and reached to 2.3% for 2008, and growth with 56% since 2005. However, alkaline batteries accounted for 79% of value sales, are the biggest segment of the market. In 2006 value of sales was £326m and felt down to £307m in 2008. There is no visible change in volume of sales for alkaline batteries, the difference is 1%. The value sales of Zink carbon batteries have decrease from 2005 to 2008 with 14 million and the volume of sales has fallen down from 13.4% in 2005 to 10.6% in 2008. Specialists hold their own. The value sales of this type of batteries have decreased slightly with £3 from 2005 to 2008, there has no change in percentages, and the
Industry research shows that dip sales are growing at 10% per year. However this growth in 1985 is due to price increases throughout the industry. It is relevant to note
During the four-year period ended December 31, 2008, SciTronics’ sales grew at a 20.69 % compound rate. There were no acquisition or divestitures.
ADI posted an explosive topline growth rate of 78 percent, growing from $1.5B to $2.6B in 2000. The company also manufactured components of mobile phones and wireless infrastructure equipment, and components for PC accessories such as flat panel displays, CD and DVD players, and digital cameras.
Microlite S.A. which is located in Brazil was the largest producer of batteries in South America with a mighty 55% share of the Brazilian battery market. Top Management had decided to shut down all but one out of three of the dry cell battery factories in Guarulhos. This opened up the chance for Luiz Pinto, manager of Microlite's battery factory in Jaboatão, to take over this market share and do further investments in his company.
This shows that there is a time trend and seasonality in the quantity demanded of PVB.
Read the article Diagnosis Coding and Medical Necessity: Rules and Reimbursement by Janis Cogley located on the AHIMA Body of Knowledge (BOK) at http://www.ahima.org.
Market data analysis stressed two main facts: i) the promising potential of ultracapacitors and ii) surfacing mature market conditions for conventional NiMH batteries. The first piece of information implied that it would be critical to beat the competition and be the first company to offer customers the features and benefits they demanded in the new product. That would have allowed Back Bay to gain a competitive advantage and keep existing customers (that could easily switch from the company’s conventional batteries to the company’s ultracapacitors) as well as attract new ones. The second piece of information implied that demand for my core business products would soon start to decline
While lithium batteries are not specifically included or exempted in the hazardous waste regulations, these batteries have some characteristics of toxic hazardous wastes. The reason for the uncertainty regarding the toxic characteristics of lithium batteries is because they can be effectively disposed as non-hazardous waste by discharging them fully. When completely charged or partially discharged, lithium batteries can be regarded as reactive hazardous waste due to the considerable amounts of un-reacted lithium in the battery ("Product Sheet", 2007).
The Back Bay battery simulation presents the managers with a dilemma of choosing between an established, profitable product and a new innovative opportunity. The decision has to be taken through investments in R&D and also make sales forecast for the coming year. Even though, the main aim of this exercise was to generate maximum profit but it actually is a way of analysing complex information and making decisions with the help of news flash updates about current trends amidst unstable market conditions. During the duration of eight years, a balance has to be established between a profitable stable product and an innovative product while keeping in mind the objective of generating maximum cumulative profit.
1. During the four-year period ended December 31, 2008. SciTronics’ sales grew at 21% ($244,000/$115,000) = (1+r) ^4 compound rate. There were no acquisitions or divestitures.
Market leaders: Duracel and Energizer (80% market share) adaptation to consumer needs and valuable negotiating power with retailers
The analysis of the table-1 reveals that future sales have been projected to grow at the rate of 20% per annum. The validity and reasonableness of there projections is questionable. There seems to be a very remote possibility of meeting their projections given the current scenario of the Letsgo. The points are raised about the validity and reasonableness of the projections:
Rayovac emerged as the leading manufacturer and distributor of hearing aid batteries with an estimated market share of 60% globally. Rayovac sales rose from $427 millions to over $1 billion within that span of period to 2004.
The Veragon Corporation is a fairly new 2013 startup Texas based manufacturing company which produces electro-fusion batteries for many of today’s new echo friendly electric vehicles. While the initial startup sales results during 2013 and the beginning of 2014 surpassed initial exception, the company has been experiencing a downturn with more specifically a 3rd quarter Fiscal Year 2015 drop in repeated orders from several of the major automobile manufactures. The company has determined that the loss of sales is due to a gradual decrease in the quality of their product which was traced back to the beginning of 2015.
but manufacturers have been riding rising a tide of demand from consumers for portable electrically