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Management Decision Model and Financial Management

Question: Legitimize the job of money related administration in the event of various undertakings and various circumstances? Answer: ...

Tuesday, February 18, 2020

Information System in Tesco Case Study Example | Topics and Well Written Essays - 3000 words

Information System in Tesco - Case Study Example In addition it operates 39 stores in China, 111 in Japan, 13 in Malaysia, 62 in South Korea, 6 in Taiwan, 219 in Thailand, 35 in Czech Republic, 87 in Hungary, 105 in Poland, 91 in Republic of Ireland, 37 in Slovakia and 8 in Turkey. (Tesco Annual Review, 2006). It therefore operates round the clock which demonstrates its commitment to create customer value which in turn generates superior value for its shareholders. Tesco denotes its success to an aggressive global strategy of geographical diversification, product differentiation, cost focus and it use of umbrella branding. In its attempt to renew the brand and keep it in sync with changing customer tastes, Tesco follows various strategies including international diversification, providing value to customers, product diversification, innovation, acquisition and umbrella branding. In the context of today's global competition, businesses and firms no-longer compete as individual companies but try to corporate with other businesses in their activities (Wu & Chien 2007). These researchers further argue that, this strategy is now quite common in many businesses including the retail chain stores. In the retail chain stores, the conventional vertical integrated company based business model is gradually being replaced by collaborative relationship between many fragmented, but complementary and specialized value stars and constellation (Wu & Chien 2007). In the present state of events, information and information systems are increasingly being used as many corporations as a competitive and strategic weapon. It helps organization such as Tesco to be a goal getter, as it redefines, their activities in terms of cost and time. Information systems help Tesco to adapt and be at the forefront of new product development and change. The management of Tesco by incorporating information and information systems have improved and increase on the processes, improving current operation efficiency and turning it into a competitive advantage. Through Tesco information and information systems, suppliers are interconnected through an electronic data interphase to develop strategic, administrative and operational planning. 2.0 Tesco Environmental Analysis LAYOUT OF THE PESTEL FRAMEWORK According to Johnson et. al (2005), the PESTEL framework can only be used to look at the future

Monday, February 3, 2020

Bulding a Second Runway at Gatwick Airport Assignment

Bulding a Second Runway at Gatwick Airport - Assignment Example Considering an increase in average aircraft size, the Airport Management predicts that approximately 40million passengers will be handled by the year 2015 86% of whom would start or end their journeys at Gatwick. Such an action will be associated with a number of benefits and costs. The benefits include creation of jobs. According to the Gatwick Airport Management, workers at the airport will benefit from an extra income of 7million a week. In addition, it is anticipated that 27,300 jobs will be created at Gatwick in 2015. The noise from Aircrafts as well as the emission of Nitrogen oxide is a cause for concern. In addition, the operation of the airport itself has a range of environmental impacts over and above those of the aircraft that use it. A second runway at Gatwick is therefore characterised by a number of costs and benefits. According to Friends of the Earth (2003) government's intention to build more airports, terminals and runways, is likely to have a disastrous effect on the world's climate. One of the main causes of climate change is Carbon dioxide pollution and aviation is one of the fastest growing sources. (Friends of the Earth, 2003). ... 1.1.2 Objectives and Hypothesis of Work Considering that a second runway has both opportunities and threats and well as costs and benefits, the objectives and hypothesis of this paper are defined within the following. The main objective of this paper will be to evaluate and analysed the problems being faced by the Gatwick Airport by operating on a single runway. In addition, the paper will analyse and find out whether a second runway at Gatwick is worth the trouble. The paper finally looks into the consequences should the government fails to construct a second runway 2.0 Summary of Literature According to Friends of the Earth (2003) government's intention to build more airports, terminals and runways, is likely to have a disastrous effect on the world's climate. One of the main causes of climate change is Carbon dioxide pollution and aviation is one of the fastest growing sources. (Friends of the Earth, 2003). According to another report by Friends of the Earth titled "Aviation and Global Climate Change", Air travel emissions are already responsible for 3.5 per cent of man-made climate change and if the industry continues to grow at its current rate it will go up to 15 per cent by 2050. (http://www.foe.co.uk/resource/reports/aviation_climate_change.pdf). In June 2003 the Royal Commission on Environmental Pollution (RCEP) wrote to the Government and noted that "even with the most conservative figures for growth in air travel, by 2020 aviation will be contributing 10 per cent of the UK's carbon dioxide emissions. (Friends of the Earth, 2003). In another research conducted by Friends of the Earth (FOE), it was postulated that, research, based on the Government's own data, shows how the present