Cambridge Satchel Company Business Procedure Essay
Table of Contents Task 1: Performance of a Small Business Enterprise (LO1: 1.1, 1.2, and M1,M3,D2) 3 Describe the nature and objectives of the Cambridge Satchel company Ltd and conduct a comparative analysis of it operations using the data presented. 3 Task 2: Change Management and Business Performance (LO2: 2.1, 2.2, 2.3 and M2,M3,D2) 5 a) Identify and discuss how Cambridge Satchel Company Ltd managed its weaknesses and the methods deployed to reposition itself in the competitive environment. 5 (b) Explain the measures put in place in taking advantage of the opportunities with specific reference to Personnel Management 6 Task 3: Business Objectives, plans and changes ( LO 1: …show more content…
When analyzing the comparative measures of performance, the business is to reach a higher net profit margin with increase in net profits. It exhibits the margin left for the equity and favorite shareholders. The “Cambridge Satchel Company” total assets clarified 2009-2012 value of the business operations is growing and can generate cash flow statement in the increasing level. The company maintains cash, accounts receivable and inventory.
The Satchel company financial target is demonstrating the financial strength of each year business performance, each year their business levels are achieving highest income and more profitability shows the better competitive advantage in the market place.
The Satchel business uses comparative measures of performance, and the company does not use the new technology much for their business operations. The Satchel company bought new machinery from other countries and also a very few staff are adopting the new technology environment.
The greatest popular performance measurement models at this time are based on traditional accounting systems, e.g. the ROI, ROE, ROCE. ROI was established by the Du Pont brothers in the early twentieth century as one of the initial performance measures that might measure profitability of investments in a varied, modern organization. When performance measurement systems were