Write a brief report that outlines the reasons (both internal and external) for Burgmaster’s demise, and whether operations management played a significant role in the demise?
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Write a brief report that outlines the reasons (both internal and
external) for Burgmaster’s demise, and whether operations
management played a significant role in the demise?
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- The following data relate to the operations of Shilow Company, a wholesale distributor of consumer goods: Current assets as of March 31: Cash Accounts receivable Inventory Building and equipment, net Accounts payable Common stock Retained earnings a. The gross margin is 25% of sales. b. Actual and budgeted sales data: March (actual) April May June July $ 8,400 $ 23,600 $ 45,000 $ 123,600 $ 26,925 $ 150,000 $ 59,000 $ 75,000 $ 80,000 $ 105,000 $ 56,000 $ 23,675 c. Sales are 60% for cash and 40% on credit. Credit sales are collected in the month following sale. The accounts receivable at March 31 are a result of March credit sales. d. Each month's ending inventory should equal 80% of the following month's budgeted cost of goods sold. e. One-half of a month's inventory purchases is paid for in the month of purchase; the other half is paid for in the following month. The accounts payable at March 31 are the result of March purchases of inventory. f. Monthly expenses are as follows:…The profit margin of Nickelly Corporation was 17.3% in 2020 and 15.2% in 2021. Discuss what the profit margin measures and what changes, if any, you would recommend for the financial direction of the organizationSuppose that Switch decide to extend the business operations to nutrition consulting whereby they offer consulting services with a focus on energy and performance enhancement. In addition, they provide nutrition plans that include nutrition plans that include recommendations for including Switch Energy drink into their diets. The business unit has been able to acquire many customers despite its recent entry into the market. However, management are concerned that they may lose customers, similar to their product line. Provide a report in which you recommend to management, how they could instil a service culture within this unit so as to avoid the loss of customers.
- a. Explain the current situation of Bonia Company. b. Explain the current financial performance of Bonia Company.provide answer with explanationContribution Income Statement and Operating Leverage Willamette Valley Fruit Company started as a small cannery-style operation in 1999. The company now processes, on average. 20 million pounds of berries each year. Flash-frozen berries are sold in 30 pound packs to retailers. Assume 650.000 packs were sold for $75 each last year. Variable costs were $42 per pack and fixed costs totaled $14,250,000. (a) Prepare a contribution income statement for the year ended December 31. HINT: Use a negative sign with both "costs" answers. WILLAMETTE VALLEY FRUIT COMPANY Contribution Income Statement For the Year Ended December 31 Sales Variable costs 48.750 x 27,300 x Contribution margin 21,450 x Fixed costs Net income 14,250 x 7,200 x (b) Determine the company's operating leverage. (Round your answer to two decimal places.) 2.98 (c) Calculate the percentage change in profits if sales decrease by 10 percent. (Round your answer to one decimal place.) % decrease 29.8 (d) Management is considering the…
- Create a plan of operations for a service oriented business in the tourism industry of Grenada. The business is a tour company called tropical voyage. The plan of operations should include: 1. Form of ownership chosen and reasoning. Preferably partnership. 2. Company structure (organizational charts) 3. Compensation and benefits packages. 4. Staffing plans.Operations Management •(a) Elaborate upon two of the four important obligations of board of directors. •(b) How would you go about determining whether the Board of Directors of The Procter & Gamble Co. is an independent one?Multiple choice: 1. You own a business. Your business is engaged in buying goods at a wholesale price and reselling them at retail prices on Facebook. Your business is a A. service business B. manufacturing business C. merchandising business. D. monkey business 2. Decreases the proprietorship A. Additional investment B. Service income C. Rent expense D. Initial investment
- How did businessess operated for centuries without having the modern forecasting techniques? What these techniques add to a business, other than cost?Company: Accor Hotel Analysis of the firm Use an appropriate technique to evaluate the firm’s key capabilities and competitive resources identify any resources or capabilities which might be the basis of competitive advantage list-making and assertions are not appropriate; this section should show an ability to apply a suitable technique of analysis Recent firm performance should cover the past four to five years financial performance could include profitability, productivity or efficiency ratios (as appropriate for your firm) identify trends and explain anomalies (can you link them to other sections of the report?) contextualise firm financial performance (compare to industry average or key competitors) marketing performance could include an evaluation of the brand(s) and other marketing metrics available, such as customer loyalty/customer churn rate, return on advertising spend, customer acquisition costs, average lifetime value of customer, amongst others base marketing and…Revenue and expense data for Bluestem Company are as follows: Year 2 Year 1 Administrative expenses $ 37,000 $ 20,000 Cost of goods sold 350,000 320,000 Income tax expense 40,000 32,000 Sales 800,000 700,000 Selling expenses 150,000 110,000 (a) Prepare a comparative income statement, with vertical analysis, stating each item for both years as a percent of sales. (b) Comment upon significant changes disclosed by the comparative income statement. Round percentages to one decimal place.