Preview

Functional Strategy

Powerful Essays
Open Document
Open Document
1486 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Functional Strategy
Functional Strategy Team Excel-Lens
Submitted by: Chris Herrera, Marina Tsvetkov and Berlyn Yap

CEO: Overall Corporate Strategies



OVERALL STRATEGIES TO ACHIEVE FINANCIAL TARGETS:  For our distribution, we shipped to the most number of stores we can bring our cameras to. That way, our target customers will have access to our product, wherever they are. We realize that this means higher costs, but we made sure that the profits we made from our distribution strategy are more than enough to cover the costs.  We ensure that we keep our earnings per share up to or above investor expectations. This keeps their confidence in the company, and projects to them that we are utilizing the money they invested wisely, and maximizing shareholder return and profits.

CEO: Overall Corporate Strategies



OVERALL STRATEGIES TO ACHIEVE FINANCIAL TARGETS:  For our entry-level line, we opted to use a low-cost strategy. We believe that by doing so, we can obtain a significant market share.  Our multi-featured camera’s cost is at the mid-level. We are not the cheapest out there, but we’re also not in the higher-cost segment.  As we are new in the industry, we carefully watch our cash-flows and costs. We watch our debt levels carefully, and only use it when necessary. We worked hard in keeping a good credit riding, in order to keep our interest rates at the lowest possible we can get it for.

CEO: Overall Corporate Strategies



OVERALL STRATEGIES TO ACHIEVE FINANCIAL TARGETS:  We also ensure that we pay-out dividends each year, to reward them for the confidence and trust they put in the company.  We believe that happy employees and workers make a huge difference and impact to the company; hence we ensure that their compensation is up to par or above industry standards. We maintain health and safety standards and provide them with tools that make their work easier.

CEO: Overall Corporate Strategies


OVERALL STRATEGIES TO ACHIEVE FINANCIAL

You May Also Find These Documents Helpful

  • Powerful Essays

    Audit Case ch 6

    • 1999 Words
    • 13 Pages

    Objectives are to raise sales 6% and net income 8% for the next 3 years; Strategies are to incorporate aggressive marketing, offer credit to higher risk…

    • 1999 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Unit 206 Business Admin

    • 1021 Words
    • 5 Pages

    Although it is our goal to be the best and not necessarily the biggest or the most profitable, our success at satisfying customers and motivating employees will bring growth and long-term profitability.…

    • 1021 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Pharmasim Case Summary

    • 2648 Words
    • 11 Pages

    Our general strategy was based on our desire to increase: sales, stock price, and net income. This was achieved by realizing that AllStar was the premium brand on the market, and our pricing, promotions, products and place should…

    • 2648 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    The Rotary Cove Beach

    • 993 Words
    • 11 Pages

    How to unite the mission statement with a financial strategy so that there is maximum excess revenue.…

    • 993 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    Glo Bus

    • 670 Words
    • 12 Pages

    Annual investor expectation of image rating performance Eccentrix Strategic Vision    Building a loyal base by providing quality cameras at a lower price than competitors by providing consumers with excellent quality multi-featured and entry-level cameras, that satisfy their requirements. Maximizing shareholders’ value. Investing in long-term employee benefits, innovative technology, productivity increase and R&D.…

    • 670 Words
    • 12 Pages
    Good Essays
  • Good Essays

    Glo Bus Final Report

    • 3864 Words
    • 5 Pages

    camera that could compete with the high end cameras. We believed this strategy would entice…

    • 3864 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    GLO-BUS simulation.

    • 1434 Words
    • 6 Pages

    The Mission of the company is to produce world-class cameras marketed all over the world, produced at most optimum cost using best manufacturing practices, giving value for money to its customers and maximizing yield for its investors.…

    • 1434 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Swot Analysis Of Capsim

    • 663 Words
    • 3 Pages

    Our overall strategy objective is to become an industry leader through market share in both high and low…

    • 663 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Grow Revenues, EPS, ROE, Image rating, Stock Price and Credit Rating enough to withstand a competitive market. (see associated financial graphs in Appendix A)…

    • 2352 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Maketing Plan

    • 2040 Words
    • 9 Pages

    Our primary marketing objective and the goal we are aiming to achieve within the first year of the launch of this product is the sale of 1 million units. The Financial objective to earn $150 million in sales revenue, and to keep our losses below $20 million this year.…

    • 2040 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    The highlights of this plan are the targets: gross margin and sales-revenue. The goal is to double the gross margin within three years.…

    • 2495 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Continuum of Strategies

    • 648 Words
    • 3 Pages

    After the story is completed, Mrs. Brooks began using a teacher assisted strategy. Mrs. Brooks brought out several boxes and placed them on the table. The children stayed with his or her partner. Each group was given a box with the description of a…

    • 648 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ore-Best

    • 644 Words
    • 3 Pages

    The three main objectives of the company for the next five years are doubling the company 's profitability, obtaining a market share between 10 and 15 percent of the U.S. market, and to expand the business to Latin America.…

    • 644 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Sainsburys objectives!

    • 1259 Words
    • 6 Pages

    The company's final objective is to generate sufficient profit to finance continual improvement and growth of the business whilst providing its shareholders with an excellent return on their investment.…

    • 1259 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Dollar Tree Analysis

    • 1841 Words
    • 8 Pages

    * Focus on continual growth and improvement while providing a reasonable return to our investors.…

    • 1841 Words
    • 8 Pages
    Good Essays

Related Topics