Part 1 I decided to carry out a PEST/STEEPL analysis on MacDonald’s‚ the fast food chain. Although in their own Mission and Value statement they describe themselves as a franchise business. The STEP analysis proved to be relatively easy‚ in some was it is similar to SWOT‚ in that once a start has been made it is difficult to stop. I used a copy of their 2011 Annual Report as the basis for the analysis‚ this did make things difficult in term of economic factors as the report was mainly financial
Premium Premier League
Costs 13‚420 Total Units 600 Cost per Unit $22.37 Workings 1) Direct Labour = 7 x 600 = $4‚200 2) Factory Overhead = 20% x 4200 = $840 3) T-shirts replaced = cost per t-shirt x 20 = (4800/600) x 20 = 8 x 20 = $160 4) Additional labour incurred on t-shirts = labour on reworked t-shirts + labour on replacement t-shirts = 60 + (7 x 20) = $200 Question 1 Workings 5) Overhead incurred on additional labour = 20% x 200 = $40 6) Cost incurred on reworked
Premium Costs Variable cost Management accounting
Designer Labels It was 15 May 2012 and Kathryn Albeit had just received an offer of £1 million for her retail stores business. The offer was tempting‚ especially in light of the heavy workload she was carrying and the increased pressures from her family responsibilities. She was unsure whether now was the time to sell and whether the price offered was reasonable. Kathryn was sitting in her office contemplating her business’s future. Designer Labels (which Kathryn ran as a Sole Trader) was a chain
Premium Sales Retailing
Attn : Patricia Lodge Having reviewed the Lodge Bistro and the state it is in‚ I have identified several areas of concern that management may wish address. I have used a STEEP analysis (Preston‚ 2012) to identify the Sociological‚ Technological‚ Economical‚ Environmental and Political factors that are currently negatively impacting the business. By using this method‚ Patricia can gain a better understanding of the challenges she faces before deciding on a corrective course of action Sociological
Premium Management
Q. 1 a) In order to grow the business‚ I have completed a SWOT analysis table‚ looking at the headings of the HRM‚ accounting and finance and the marketing departments as all of the findings need to be taken into account when making any business decisions. Below I have shown my swot analysis table. This is used to ensure that I have taken all aspects of the business into account before I analyse where the strengths and weakness of the company lie. SWOT Analysis for SHP. (Second Hand Phones)
Premium Balance sheet Economics Business ethics
A plan of Parts 2 and 3 of my EMA For this assignment I can confirm I have adhered to the E105 ethical guidelines by using information gained from my own setting. Parents of children whom I have observed as part of my studies have given written permission‚ and are aware they may withdraw this consent at any time. Parents‚ colleagues and other professionals acknowledge they will not be identified at any time during this assignment. Self-Assessment Profile I am now aware of the United Nations Convention
Premium Management Planning Learning
a very similar pattern to that of Louise Dix in that ‘’when my children went to school I started going on school trips’ and ‘it inspired me to do more. I just love working with children’ (Hancock & Colloby‚ 2013‚ p9) I mainly work with small groups 4/5 children and as I am there in the mornings this is when the children have literacy‚ math’s and phonics. My main role within the classroom is supporting the teachers in any way they require. There are two classes each with thirty children with a very
Premium Teacher Lev Vygotsky Learning
I have been asked to discuss the possible changes to income that might happen over an adult life course and how such income patterns can affect financial planning for both families and individuals. Over the course of a person’s life they will go through certain changes‚ from being a youth through adolescence and becoming an adult. The thing with the life course is that everyone doesn’t follow the same pattern. Everyone is pretty much guaranteed to grow old as its basic biology but everyone is not
Premium Investment Minimum wage Personal finance
The statement is false. This is a tricky question! Although the Buchanan Report and the Monderman thesis do offer visions of how to manage traffic they also offer us two competing visions of social order. The Buchanan Report is underpinned by a social order which privileges the segregation of humans and motors through an array of measures in urban design and the regulation of the conduct of both drivers and pedestrians. This social order emphasises the value of a social environment delivering the
Premium Sociology Urban design Public space
Assignment (TMA) Academic Year 2012 - 2013 | Semester: Second 2012-2013 | Branch: Jordan | Program: Business Studies | Course Title: An Introduction to Business Studies | Course Code:B120 | Student Name: | Student ID: | Section Number: | Tutor Name: | Mark details | Allocated Marks | Questions | Q1 | | | | | | Total (100) | | Weight | 100 | | | | | | | | Marks | | | | | | | | | Deduction | Criteria | Presentation(0-4) | Referencing(0-4)
Premium Marketing Strategic management