Sunday, February 23, 2020

Debenhams Plcs Competitive Position in Its Various Markets Essay

Debenhams Plcs Competitive Position in Its Various Markets - Essay Example The gross profit margin is at 13.59%, while the net profit margin is at 5.6%. Return on equity and assets also appear favourable at 18.20% and 6.06% respectively (Global Business Browser, 2014). The company has stated that it would expand its global operations by increasing the number of stores to 150 by the end of 5 years from this day. As per reports, the retail sector of UK has seen a rise in revenue by 1% in its 103 businesses that employ over 123,000 people. Before the crisis, the buying patterns were instinctive and the retail industry was booming. After 2008, the economy has somewhat stagnated and hence, has put a dent in sales. High levels of unemployment have led to lower levels of disposable income and lower consumer confidence because of which discretionary purchases have been forced to cut back. It is expected that the retail industry shall post the decline in the forthcoming financial year 2013-14 to the tune of 0.8% (Ibisworld, 2013). The paper aims to bring forth a comprehensive analysis of the company in the market where it operates. The paper shall seek to throw light on the competitive position of the company in relation to the markets within which it operates through Porters Five Forces, PEST, and Porters Generic Strategies. It moves on to discuss various cross-cultural issues that the company has come across in present times and how these were dealt with Hofstede's five dimensions and Trompenaars seven dimensions model. The paper also analyses the company’s CSR attempts with a view of sustainable growth objective for various groups of stakeholders. The paper concludes with a discussion of the present position and standing of the company in relation to its peers and future growth prospects. The paper tries to make a justification regarding the strategies being followed by Debenhams Plc and attempts to draw strategic directions for future market analysis. A study of the external environment and cultural challenges brings forth the trend of challenges faced by Debenhams while the internal study and CSR initiatives highlight the key sustainability attempts towards challenging competition in retail business.  

Friday, February 7, 2020

NAFTA (SLP) Module5 Essay Example | Topics and Well Written Essays - 500 words

NAFTA (SLP) Module5 - Essay Example problems created by NAFTA continue to affect some of the member states – a problem that has not been received well by critics such as Ralph and Pat. Reasons for opposing NAFTA include the loss of jobs that has affected the USA. It is estimated that since 1995, NAFTA is responsible for the loss of some 765,000 jobs. This loss of jobs has also created a ripple effect on the economic wellbeing of the laid off workers. After the loss of jobs, finding new jobs has a 23% less pay within the same industries they used to work. Additionally, investment on manufacturing industries has increased Mexican problem in that, around the maquiladora zones along the Mexico-US border, pollution and poor disposal of waste has threaten to cause adverse environmental issues (Global Exchange, 2011). In the USA, NAFTA has been viewed as a free trade agreement that has caused multiple employment and investment issues. For example, a study by the Cornell University shows that two-thirds of manufacturing and communications companies have threatened their employees that they would move their operations outside the USA. This move aims at exporting well-paying jobs from the USA to either Mexico or Canada where labor is expected to be cheaper. In this case, more employees are left jobless or underpaid as companies thrive to create value through the free trade agreement (Workorg, 2010). NAFTA is an export dependent trade agreement which affects the resources of the nations involved. For example, natural resources such as forests and fish have been overexploited to settle trade debts among member states. Mexico has been on the receiving end as 15 US-based wood products’ companies have established operations in Mexico drastically increased logging. Guerrero, a Mexican State has lost 40 percent of her forest cover following the establishment of US-based wood products’ companies. Family farmers face the adverse effects of the NAFTA free trade doctrine. It is seen that NAFTA has influenced