Financial analysis of the performance of burberry Free Essay Example, 2500 words

Additionally, the company is buoyed by the platforms in the emerging countries to drive their earnings both in growth and volume. We will base our strategic analysis of the company on four distinct factors. These are; the existing strengths, the existing weaknesses, the existing opportunities and the existing threat. From a review of the previous performance of the company, the focus that is currently being given to the distribution on licensing in countries like Japan, Spain and the United States has left the company with a low gearing ratio (Proctor, 2012). However, through the current strategy of expansion of sales of Burberry brand and the seizure of opportunities aimed at capturing a greater share of the brand value chain presents numerous opportunities enhancing future value creation. To this end, it would be worth noting that the business model employed by the company possess characteristics of both retail and luxury goods companies. Table of Contents Cover Executive Summary Introduction Section 1 – Identifying the vision and strategy of the organization Section 2 – Balanced Score Card (BSC) Diagrammatic Representation of Balanced Score Card Section 3 – Strategy Map Section 4 – Recommendation Section 5 – Critical discussion and evaluation of the Use of Balanced Scorecard References Appendices 1 2 4 5 5 7 8 9 8 9 13 14 Introduction Created in 1956, Burberry Group plc continues to be a global luxury fashion brand and boasts of a history of 158 years. We will write a custom essay sample on Financial analysis of the performance of burberry or any topic specifically for you Only $17.96 $11.86/pageorder now The company specializes in manufacturing a wide variety of products which include accessories, beauty for men, luxury apparel, with men and children being a major business item of the company. The market for the company’s products is spread out to regions including Americas, Asia pacific and Europe with its stock being listed on the London Stock Exchange with the principle business being investment. This report will be applying the appropriate accounting techniques to critically analyzing financial data in the context of a variety of business decision making instances while at the same time making informal judgments from such accounting analyses. Section 1 – Identifying the Vision and Strategy of the Organization The vision of Burberry from its financial statements is; â€Å"To be the leading company that is fully digital across the globe† (Burberry Plc ‘Annual Report 2012/2013). The group strategy of Burberry is marked by a combination of both leading market position and a strong franchise in the established countries in addition to employing the use the platforms from the emerging countries in order to drive earnings both in the form of growth and volumes.

The Cold War - 825 Words

Essay 2 Prompt # 2: The Risk of Incomplete Information Despite its name, the Cold War did not actually involve military fighting between the United States and the Soviet Union. However, the Cold War is still an excellent example as to why war can be a result of bargaining failures and explains reasons as to why war occurs. A single person’s rationality can tip the scale between war and peace. The Cold War was essentially a deadlock between the two super powers of that time, the United States and the Soviet Union. Both states expressed desire to maintain and widen their respective spheres of influence around the world. Both states also wanted to prove that their political system is superior; whereas the United States was pro-democracy, the Soviet Union was pro-communism. Although the Cold War was a result of many factor, war can definitely occur due to information problems between two states. Nonetheless, I do believe there is always a range of agreements that is possible between states, as is evidenced by the resolution of the Cub an missile crisis. Knowledge plays a key role in a state’s decision, and erroneous decisions that lead to war often occur due to lack of information. One of the greatest examples that emphasize the importance of information and human rationality was during Cuban Missile Crisis. An article published by The New York Times, written by Neil Genzlinger, highlights the Cuban missile crisis, and how close the United States and the Soviet Union were on theShow MoreRelatedThe War Of The Cold War1644 Words   |  7 PagesThe Cold War was a state of political and military tension stemming from World War II fought primarily between the United States and the Soviet Union. Although the start and end dates of the Cold War are frequently disputed over, it is generally accepted that the conflict started at the conclusion of the Second World War and stemmed from the social climate and lingering tensions in Europe and the increasing power struggles between the Soviet Union and the United State s. Along with economic separationRead MoreThe War Of The Cold War Essay1525 Words   |  7 PagesOne major war ended and another to begin. The Cold war lasted about 45 years. There were no direct military campaigns between the United States and Soviet Union. However, billions of dollars and millions of lives were lost. The United States emerged as the greatest power from World War 2. (Give Me Liberty 896) The country boasted about having the most powerful navy and air force. The United states accounted for about half of the world’s manufacturing capacity, which it alone created the atomic bombRead MoreThe War Of The Cold War757 Words   |  4 PagesAs tensions continued to augment profoundly throughout the latter half of the Cold War period, they brought forth a movement from a previous bipolar conflicting course, to one of a more multipolar nature. These tensions were now not only restricted to the Soviet Union and United states, but amongst multiple other nations of the g lobe. It became a general consensus that a notion of ‘peace’ was sought globally, hence, the emergence of dà ©tente. The nature of this idea in the short term conveyed itselfRead MoreThe War Of The Cold War961 Words   |  4 Pages1945, beginning year of the Cold War. The development of cold war just started after the end of world War ||. The cold war was the result of conflict between two powerful country Soviet Union and United State. The war was regarding to the lead the world after the World War ||. The Soviet Union wanted to emerge its power to the world and so do the United States too. The research paper mainly focused on various reasons of opposition of two great power of the world Soviets and United States of AmericaRead MoreThe War Of The Cold War1636 Words   |  7 PagesThe U.S. learned greatly after having been declared the victor of the Cold War. Retired four-star U.S. Army general Colin Powell said, â€Å"The long bitter years of the Cold War are over . America and her allies have won; totally, decisively, and overwhelmingly† (Reed 343). The Cold War started after World War II in 1947 and ended in 1991. The U.S. underwent a political war with the Soviet Union in hopes of advancing more rapidly in certain fields, such as nuclear weapons and space crafts. Avoiding nuclearRead MoreThe War Of The Cold War886 Words   |  4 Pagesin an infamous battle against ideologies: The Cold War. Even though war took place during this time, both powers were not involved in battle directly, hence the name cold war. The war mainly consisted of assumed and implied threats of nuclear attacks and political control over states in Europe. Even before 1945, the beginning of the Cold War, tension brewed between the U.S and the U.S.S.R. Both sides had differing views on Europe s state after the war. For instance, programs like the Marshall PlanRead MoreThe War Of The Cold War Essay1075 Words   |  5 PagesDuring World War II, the United States, Br itain, and Russia all worked together to take down Hitler. Although after the war, the coordination between the U.S. and Russia became extremely tense which inevitably lead to the Cold War. The U.S. was worried that Russia would spread communism after World War II. Russia was concerned with the U.S. arms increase and intervention in international affairs. The distrust between the two nations resulted in the Cold war which lasted until 1991. In 1946, WinstonRead MoreThe War Of The Cold War1052 Words   |  5 PagesThe Cold War was a result of what happened at the end of World War 2. At the end of World War 2, the Soviets held a grudge against the U.S for their delayed entrance in the World War resulting in deaths of thousands of Russians resulting in the appearance of the Cold War .The Cuban Missile Crisis was a significant flashpoint in the Cold War because it was the moment two superpowers came closest to nuclear conflict. This crisis, while posing the very real threat of global annihilation, also led toRead MoreThe War Of The Cold War942 Words   |  4 PagesFeelings Do Matter At the close of World War Two in 1945, the United States entered another kind of war, the Cold War, which did not involve two adversaries in open battle fields using bullets against the Soviet Union. Throughout the Cold War, incidents fueled feelings of anxiety, mistrust and pride. Often pride is defined as â€Å"a feeling that you are more important or better than other people† (Pride). Mistrust on the other hand is the â€Å"feeling that someone is not honest and cannot be trusted†,Read MoreThe War Of The Cold War1737 Words   |  7 Pages Cold War The Cold War, which is often dated from 1945 to 1989, was a constant state of political and military tension between powers in the West, dominated by the United States with NATO among its allies, and powers in the East, dominated by the Soviet Union along with the Warsaw Pact. The development of Nuclear Weapons and long range shooting missiles by the United States gave a lot of fear and caused mass destruction. The Cold War came about after World War II when America used their atomic bombs

5 Ways of St. Thomas Free Essays

First Way:Â  The Argument From Motion St. Thomas Aquinas, studying the works of the Greek philsopher Aristotle, concluded from common observation that an object that is in motion (e. g. We will write a custom essay sample on 5 Ways of St. Thomas or any similar topic only for you Order Now the planets, a rolling stone) is put in motion by some other object or force. From this, Aquinas believes that ultimately there must have been an UNMOVED MOVER (GOD) who first put things in motion. Follow the agrument this way: 1) Nothing can move itself. 2) If every object in motion had a mover, then the first object in motion needed a mover. 3) This first mover is the Unmoved Mover, called God. Second Way:Â  Causation Of Existence This Way deals with the issue of existence. Aquinas concluded that common sense observation tells us that no object creates itself. In other words, some previous object had to create it. Aquinas believed that ultimately there must have been an UNCAUSED FIRST CAUSE (GOD) who began the chain of existence for all things. Follow the agrument this way: 1) There exists things that are caused (created) by other things. 2) Nothing can be the cause of itself (nothing can create itself. ) 3) There can not be an endless string of objects causing other objects to exist. 4) Therefore, ther must be an uncaused first cause called God. Third Way:Â  Contingent and Neccessary Objects This Way defines two types of objects in the universe: contingent beings and necessary beings. A contingent being is an object that can not exist without a necessary being causing its existence. Aquinas believed that the existence of contingent beings would ultimately neccesitate a being which must exist for all of the contingent beings to exist. This being, called a necessary being, is what we call God. Follow the argument this way: 1) Contingent beings are caused. 2) Not every being can be contingent. 3) There must exist a being which is necessary to cause contingent beings. ) This necessary being is God. Fourth Way:Â  The Agrument From Degrees And Perfection St. Thomas formulated this Way from a very interesting observation about the qualities of things. For example one may say that of two marble scultures one is more beautiful than the other. So for these two objects, one has a greater degree of beauty than the next. This is referr ed to as degrees or gradation of a quality. From this fact Aquinas concluded that for any given quality (e. g. goodness, beauty, knowledge) there must be an perfect standard by which all such qualities are measured. These perfections are contained in God. Fifth Way:Â  The Agrument From Intelligent Design The final Way that St. Thomas Aquinas speaks of has to do with the observable universe and the order of nature. Aquinas states that common sense tells us that the universe works in such a way, that one can conclude that is was designed by an intelligent designer, God. In other words, all physical laws and the order of nature and life were designed and ordered by God, the intellgent designer. A more complete explanation of St. Thomas’ Fifth Way about God as Intelligent Designer can be seen on my web page dedicated to Paley’s Teleological Argument. How to cite 5 Ways of St. Thomas, Papers