Essays on Production Cost

Tesla is an auto company incorporated in July 2003. It was formed by Elon Musk and Marc Tarpenning. The company's aim is to utilize its powertrain and proprietary battery technologies to manufacture electric cars that would reduce the dependence on fuel. It produced and sold its first car in 2007. The period between 2008 and 2012 was a challenging period for the company with losses totaling to $943.5 million. In 2013, the company turned around and saw its global revenues increase to $2.0 billion. The stock market price rose from $34 in January 2013 to $250 by March 2014. ...

The Impact of the Guaranteed Price Policy on the European Sugar Market

Sugar industry is one of the most dynamic in the structure of the food industry and plays a significant role in the economies of several countries. The European Union leads the five largest importers of sugar. Sugar production in the EU is expected to grow by 10% in the 2017/18 season. The production may reach 18.3 million tons, but still will be lower than the record 2014/15 season (19.4 million tons). Sugar production growth is expected in France (up to 5.5 million tons) and the UK (up to 1.4 million tons). However, despite the increase in production, the EU ...

Report on Sierra Ltd.

Report on Sierra Ltd.

Introduction

This report will assess the dip in profit of the Sierra Ltd. and will closely monitor the current costing and pricing strategies. It will also assess whether the activity based costing is suitable for the company or not. On further, if activity based costing is implemented, the steps that should be taken by the management to ensure the implementation will also be analyzed. Mr. Kaur’s suggestions will be deeply assessed to ensure if going along his way is safe and profitable. The important concerns of the Sierra Ltd. are due to the refinancing to ...

<<Student Name>> <<Professor Name>> <<Course Title>> <<Date>> Branding Strategy: The Company plans to invest and efficiently manage its branding strategy to achieve its growth objectives. The core of the company’s success lies in implementing a relevant and coherent branding strategy. Defining each and every element of the branding strategy will enable management, customers and employees to understand what the brand vision is and what the company aims to achieve. This is really important if the company has to fight and grow in a competitive market place. ...

Strategic Analysis Alacer Gold Corp and Gold and Mining Industry

Introduction Gold is a precious metal with high ductility and malleability, and it finds application as jewelry and investment. It is considered to be one of the safest bet for investment, especially during economic instabilities. Consequently, rapid political instabilities in the Middle East and financial crisis led to rapid increase in the price of gold worldwide. Technological innovation is also a major factor that affects the gold and mining industry. Therefore, the strategic analysis narrows on the gold industry, with a specific focus on Alacer Gold Corporation. It looks at the trends in the industry and how Alacer Gold ...

Value Chain

The objective of analyzing Monster’s value chain is to make a product that will become popular to its customers, which includes not only the production segment but also marketing and distribution (Horngren and Data, 2015). This is because products will eventually need to be discontinued due to changing customer preferences and product innovation from competitors. This means that the company’s core operations and its products must continuously evolve and this could be done using the value chain analysis tool. For an energy drink company like Monster, one of its main goals is to continuously adapt to the ...

MANAGEMENT ACCOUNTING

Introduction Management and financial accounting provide platforms for an organization management to provide informed decision and policies. Organization management uses the budget as the accounting tool in formulation of policies and allocation of resources in different activities. Accounting encompasses the entire body of knowledge that deals with recording and keeping of all financial transactions. It entails identification, recording, classification, verification, and communication of financial information relating to the resources of the organization. On the other hand, financial accounting is a subset of accounting and is concerned with the use of financial data to measure economic performance of the organization. ...

Price discrimination refers to a business practice which involves selling of similar or near similar products to consumers at different prices during a certain period (Stole and Lars 2221). There are two main motives why businesses engage in the practice. Firstly, the business may be aiming at becoming a monopoly in the said market segment. In this case, the business could sell certain highly priced goods at a low price to a certain market segment that the business wishes to control. The second and the main reason why businesses engage in price discrimination is to take advantage of consumer ...

The safety shoe brands make their decision on how to produce comparatively less costly, and they make a decision of moving their production to the other countries. The main reason for this decision is the relatively cheaper labor costs in some developing countries like China. Subsequently, the safety shoe companies are transformed into trading businesses in their countries. Outsourcing the production of the shoes will influence the following agents in the economy: 1-Workers who were working in the shoe production factory in the countries of origin, 2-The other workers, 3-The demanders of the safety shoes, 4-The safety shoes companies' ...

Samsung Electronics

The name of the company is Samsung, which is a multinational conglomerate company. The link to the original website is www.samsung.com.

BACKGROUNG and HISTORY

Samsung is headquartered in Samsung Town, Seoul. The South Korean multinational conglomerate has numerous subsidiaries and affiliation with several businesses. The largest chaebol of South Korea was founded in 1938 by Lee Byung-chul. The business started as a trading company, but the group expanded itself by diversifying into areas such as textiles, insurance, retail, securities, and food processing. In the late 1960s, the company stepped in the electronic industry. Samsung was separated into four groups in 1987 following ...

The Name of Professor:

Introduction The main idea behind the mind of every investor is to achieve long- term growth of his or her business by serving a wider market to increase profitability. However, the existence of various factors such as competition and government regulations tends to impede the successful accomplishment of most investors’ goal. Besides, the efficiency of the strategies implemented by different investors constitutes fundamental hindrances to the realization of their long-term objectives. Therefore, efficient management is crucial to realize business expansion. Additionally, the consideration of other factors with a significant influence on the business environment is essential when formulating the ...

International Business and Global Logistics

International Business and Global Logistics

Introduction

Undeniably, the main objective of any business organization is to grow in terms of profitability and market. The high market competition that most organizations face tends to impede the realization of their objectives. Thus, companies adopt different strategies to aid their survival in the markets. Pricing and marketing strategies are the major approaches that most companies use to gain a competitive advantage over their rivals (Dessler & Phillips, 2007). Multinational companies face competition both at domestic and the world markets. Thus, they consider implementing various strategies to enhance their market positions. Besides pricing and marketing ...

Two of the top companies in the low-calorie frozen, microwavable food industry

In modern life, people are becoming busier, thus, they spend very little time for traditional cooking. Due to growing demand for convenient food and thanks to the development of advanced technology, microwave becomes a useful and common tool in kitchen which helps people to save a lot of cooking time and effort as well as preserve the taste of food. The prevalent use of microwave in every household leads to the growing need for microwavable food. For this reason, many low-calorie frozen, microwavable food companies are found to provide high quality food with convenient way of cooking . At the ...

Abstract

Market structure refers to the interaction between various buyers and sellers. Different market structures have different characteristics. The characteristics of the market structure determine the realized outcomes. There are three main market structure: perfect competition, oligopoly, and monopoly. Perfect competition has many sellers. Therefore, they do not have any market power. They cannot influence market outcomes. An oligopoly has few firms with some market power. They can influence the outcomes. Monopoly comprises of only one firm with absolute market power. Therefore, it can influence the realized outcomes. This paper highlights the characteristics of the various market structures. It then ...

1. The calculation of the true value of the Tri Star program is developed using the Net Present Value concept which depends on of the future net cash flows of a project or company. The Tri-Star Program started in 1967 with the pre-production phase until 1971. After 1971 until 1977 is the production phase of the L-1011 Tri-Star program (HARRINGTON-CRESSMAN, 2015). The true value of the program is the net present value that includes all the net cash flows in all the periods of the program, project or enterprise. Assuming a plan of 210 aircraft for the production phase, ...

Strategic Reorganization

Hedstrom Plastics headquartered in Ashland, Ohio is one of the largest manufacturers of rotomolding plastic (Official Website, n.d.). In the recent past, the company has been filed for bankruptcy on the basis of two potential factors i.e. declined sales and reduced profitability (The New York Times, 2012). The company can overcome these issues by changing its approach to sustainability. The plastic is used mainly for the manufacturing of toys. During its process of production, the plastic is placed in an oven for the purpose of molding. The company has already cleared its intention to sustainability by replacing fossil fuels ...

Levi Strauss & Co. is one of the most iconic name in the clothing and fashion industry. However, the brand lost its way in the beginning of this century and suffered for almost two decades. Levi Strauss & Co. encountered the somber issues of excess capacity that brought about the crisis of dropping sales, declining market share, eroded profit base, and sagging business diversification. The excess capacity at Levi Strauss & Co. was fueled by the consistently increasing market competition, which subsequently pressurized the company to cut down its production cost. The excess capacity issue had a number of underlying causes such ...

Inflation and Employment

Inflation and Employment The world’s economy is in a constant growth and countries are doing their best to keep up with it. New technologies, green energy sources, and cheap labor help propel an economy in the right direction. However, it has its disadvantages towards the citizens; most are simple while others are quite severe. Inflation and employment move hand in hand with each entity affecting the other. The higher the inflation, the higher the rate of unemployment. Struggling countries are trying their level best to keep up with the economic changes by creating substantial jobs for its citizens. ...

Article Summary

The world has seen unprecedented fall in the price of crude oil in the last two years. The fall in the price has been triggered from both demand and supply sides. On the demand side, the move towards more energy efficient vehicles or towards electric cars which are less polluting, have played a big role in reducing the demand for gasoline. The increased investment in research and development for oil exploration has resulted in the discovery of more oil reserves. The US Shale production and discovery of oil reserves in Canada has increased present and potential supply of crude ...

Introduction

Globalization is the process of international integration arising from technological advancements resulting in increased cultural and trade exchange. In the modern world globalization has resulted in increased productivity. The effects of globalization have been experienced in the following sectors around the world, economic development, culture, environment and political systems. Globalization has both positive as well as negative effects on the society at large. (England & Steve management services, 2001). Grant & Robert (1991) define Competitive advantage as a distinctive advantage that an organization or nation has over its competitors. Thus it gives organization unique benefits over other organizations operating in the ...