The Value of Market Auditing Essay

The stock market has always intrigued me and I have since been eager to learn more about it. Starting back in January of this year, I ordered three textbooks on stock trading to become more informed on the subject. After reading these books, I gained further insight on stock trading which led me to open my own brokerage account where I could buy and sell stocks. I started by playing a stock simulation which was very similar in concept to StockTrak, a program we used in this class. I found that this helped provide me with a hands on experience which helped familiarize me with stock trading and learning how to manage and use my money efficiently. I continued to play this simulation for about two months and during this time my portfolio grew about 4%, which provided me a confidence boost and motivated me to invest in my real money into the stock market. In March of 2015, I officially began trading in the stock market and I continued to learn along the way. As of now, I have roughly nine months of stock trading experience. As stated previously, I have always had in interest in the stock market, but I never acted upon it until as recently as earlier this year. My interest in the stock market was peaked because I enjoy taking risks and the stock market

When an investor purchases stock, they become a shareholder which means they have ownership of “part" of the company. If the company 's profits rise, you are entitled to share in those profits. This also works the other way around. Should an investor sell their stock when the current price is lower than what they paid for it, then they would make a loss.

Establish guidelines for researching and gathering information and work with the staff to gather and evaluate the data.

Warren Company makes candy. During the most recent accounting period, Warren paid $3,000 for raw materials, $4,000 for labor, and $2,000 for overhead costs that were incurred to make candy. Warren started and completed 10,000 units of candy, of which 7,000 were sold. Based on this information, Warren would recognize which of the following amounts of expense on the income

Shapin begins his essay with targeting the industry and the foundation regarding organic products. Many organic consumers believe that organic food originate from “…..small, family-owned, local operation[s]….” (429). Shapin states that “Like Whole Foods, Earthbound

Coles thrive to make itself a better shopping and working place, therefore they lay stress on achieving the goal i.e.

Owning to the large customer market of organic food, the demand of it also increases in recent years. On the

One of the key factors that make Whole Foods’s strategy effective is how managers adjust its strategy to specific economic changes. For instance, as stated above, during recession, Whole Foods’ reduced the stores size (store location strategy), minimized stores’ decoration and labor. Also, it brought out several promotions to attract more customers (pricing strategy). When the recession ended, Whole Foods also changed its strategy to fit the recovered economy. This indicates the sensitivity of Whole Foods’ managers and promises a bright future for the company in the ever changing

Micro and macro have massive impact on the success in every business . 3. Explain why market research and the information gathered are important to an organisation like Clare’s Chocolates. (150 words) Marketing research is very important aspect for Clare Chocolate if they want to keep up with the latest market trends and gain a competitive edge in the business market.

Due to new entrants in the competitions for natural and organic food, companies take on adjustment strategies in order to satisfy the increase in demand and supply and maximize profit. In 2015, Whole foods failed to satisfy the companies’ projection of 6% growth and due to “selling, general and administrative expenses suffered a fall in its net profit by 56% compared to 2014 fourth quarter” (Bells, 2015). The downfall was mainly caused by increase in total cost due to operational expenses “rose from ~29% in Q4 2014 to ~32% of the total revenue in Q4 2015” (Belle, 2015). In 2016 the company takes on newly developed strategies in order to lower the cost of production and expense and raise its gross margin percentage, which also dropped in Q4 2014 “by almost one whole point to 34.5%” (Bells, 2015).

The company’s revenue in 2016 showed that profit growth rate decreased to the weakest point within last nine years. The company’s committee came up with the conclusion to reduce 15% of products sold in stores in order to increase profit and reduce costs. The strategy that Coles will

Electronically maintain BMV computer servers are handled by an outside agency called Indiana Office of Technology (IOT). We currently do not have a contract with the right to audit and there is significant pressure not to audit other agencies as it has been indicated outside our jurisdiction. A meeting was held to determine if any of the process was handled by the BMV which would create internal risk or if all risks belong to IOT thus are not auditable by the BMV internal audit. It was determined that all the risks belong to IOT. The primary function of IOT is the set up servers and provide maintenance to those servers (updates to windows and etc.). Currently, over 300 servers are provided to the BMV by IOT (many of these are virtual servers).

Internal Analysis Strengths - Wesfarmers are engaged in diverse business across the retail sector like supermarkets, departmental stores, home improvement and office supplies with the strategy to invest in diverse fields and sectors to maintain persistent growth and to lessen the risks associated with one particular sector. The pie chart below shows the breakup of contribution of total earnings of Wesfarmers in the financial year ended on 30th June 2014, thus giving a clear picture how the diversifying business helps in sustainability. Sr No. Sector Revenue in Financial year'14 in millions % increase or decrease from last year’s revenue % contribution in total revenue 1 Coles 37,391 4.5% increase 60.0 2 Bunnings 8,546 11.6% increase 13.7 3 Office

Over the past semester in Economics I have invested in and monitored the stock market. I learned how investing in certain companies can be risky and proper research about the companies are detrimental before buying stocks. Three stocks that have influenced most of my financial earnings and losses include Twitter, Amazon, and Pepsi.

The Marketing Audit will examine both Macro-Factors, sometimes referred to as STEP, and Micro-Factors within the company. The main method of carrying out a Marketing Audit is to examine MU 's Strengths, Weaknesses, Opportunities and Threats, or the SWOT Analysis, developing strategies based on this.