To: Patricia Lodge From: Sue Gill Contents Part 1(a) Part (b) SWOT analysis Part (c) Part 2 Part 1 (a) I have decided to use section 6 of the study session in book 1. From my research of the Lodge Bistro I have found the following problems within the company. 1) An annual meeting at HQ‚ instead of regular financial reports and audits. As Patricia has given café managers autonomy to manage their bistro‚ she computerised the financial report system and audit visits have been
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Part I Question 1 a.) The income statement‚ also called the profit & loss account (P & L)‚ is used to illustrate a company’s revenues and expenses over a particular period of time. It shows the net profit and/or loss for the given period (the difference between the business’ total income and its total costs). It also allows shareholders to see the performance of the business and if it has made an acceptable profit. An income statement is very useful when assessing the performance of John’s Furniture
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Phil Collins Assignment TMA01 Question 1 In my essay I will be explaining different sources of law in England and giving examples. There are four main sources of law in England‚ those being parliament‚ the Judiciary courts‚ European law‚ and ECHR which is the European Convention of Human Rights. Parliament deals with legislation and delegated legislation. Legislation is the making of a law‚ it starts off as a bill and if approved by the house of laws and the House of Lords it will then become
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Hi Nick‚ Here is the list of stakeholders you requested last time we spoke 1. Internal stakeholders are as follows yourself (Nick Newbury)‚ Alastair Poulain and Tom Barber. Obviously your main concern is financial return for your company. It is important that all members are well informed and happy with all decisions made within the company. Also that you don’t lose your values or mission statement in the merge. 2. Tim Best Travel
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The Lodge Bistro Chain The Lodge Bistro chain started out as something a bit different. This difference has enabled The Lodge to expand and become a successful chain of Bistros. However as time has gone on Bistros and outlets selling food have become more and more common. There are food outlets everywhere‚ all competing for custom and trying to be a little different to their rivals. The format of a French bistro has been replicated by many eating establishments and a large multinational chain
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Drawing on what you have learned from the DD102 module materials and your work on TMA01‚ outline some inequalities and differences on a street you know. In this essay I will use Fishergate in Preston City to discuss inequalities and differences. Inequality refers to the unequal opportunities that individuals face in society whilst differences define society in terms of personality‚ race‚ age‚ gender‚ class‚ ethnicity and sexuality. Fishergate is a very busy street in the centre of Preston City which
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TMA 03 TMA 3 1a. Profit and Loss account A profit and loss account is intended to show a business its income and expenditures and calculate the company’s net profit or loss based upon the difference between those figures. It is extremely useful in determining past performance and to try and predict future results. It enables a business to see what changes could make to improve on its profit. It also give enough information to help a business to set targets. We can learn more from the
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Designer Labels It was 15 May 2012 and Kathryn Albeit had just received an offer of £1 million for her retail stores business. The offer was tempting‚ especially in light of the heavy workload she was carrying and the increased pressures from her family responsibilities. She was unsure whether now was the time to sell and whether the price offered was reasonable. Kathryn was sitting in her office contemplating her business’s future. Designer Labels (which Kathryn ran as a Sole Trader) was a chain
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Introduction A few years ago I got involved in marketing an expensive brand of vacuum cleaners called Kirby. The product was well designed‚ of high quality and had many features that were lacking in other leading brands. The marketing strategy used were a combination of selling orientation and product orientation‚ where the business owners assumed that a sales force would be able to sell the product as long as the right approached was used. I was trained to effectively demonstrate the features
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Attn : Patricia Lodge Having reviewed the Lodge Bistro and the state it is in‚ I have identified several areas of concern that management may wish address. I have used a STEEP analysis (Preston‚ 2012) to identify the Sociological‚ Technological‚ Economical‚ Environmental and Political factors that are currently negatively impacting the business. By using this method‚ Patricia can gain a better understanding of the challenges she faces before deciding on a corrective course of action Sociological
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