Introducción Musimundo fue fundado en el año 1952. El primer local fue una modesta tienda instalada en Villa Devoto por la familia Garber la cual vendía diferentes productos relacionados con la música. Tiempo después sería Natalio Garber quien se hiciera cargo de la empresa. En 1982 la marca adopta el nombre de Musimundo con la cual se posicionó como líderes del rubro discográfico en Argentina. El gran auge de Musimundo sucedió cuando Natalio trajo el CD y los reproductores para escucharlo. De
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CHARACTERISTICS OF THE ENVIRONMENT THAT MUSIMUNDO COMPETES IN? WHAT ARE PEGASUS’ STRATEGIC OBJECTIVES FOR MUSIMUNDO? HOW DO THESE FACTORS AFFECT THE BUDGETING PROCESS? Strategic Context Quintana wants to strategically reward the managers of the Musimundo stores for meeting their budgetary goals; however‚ some managers were completely unable to do this and other managers were guaranteed their sales quota. Quintana can rectify this situation by modifying the Musimundo incentive system. Quintana can
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increase sales‚ decentralize and empower to lower level. According to the reading articles‚ budgetary can replace the fixed performance target with openness and transparency. And also management can give employees more freedom to manage. For example‚ Musimundo did not have budget before 2004. After 2004‚ it had established budget system. The budget was separated in two ways which were bottom-up and top-down. Employees who are at the store level have power to control sales and expenses and managers only
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1. Basic Concepts Product cost = Direct Labor (DL) + Direct Materials (DM) + Manufacturing Overhead (MOH) Financial accounting Managerial Accounting + Sales + Sales - COGS - Variable Costs = Gross Profit = Contribution Margin - SG&A - Fixed Costs = Net Profit = Net Profit COGS (Cost of Goods Sold) is an “inventoriable cost” ( recorded in the Balance Sheet as inventory and expensed (Income Statement) when goods are sold SG&A (Selling‚ General & Administrative) are
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