Unit 3 - Di and DOnnys Cash Flow Forecast
guys wats the purpose of keeping aside the closing balances of cash....
i guess it might be that Di n Donny considers it a profit.. there is a possibility?
so we might expect a question on the difference between profit and cash
guys guys...guys....i still lack in CONTRIBUTION ANALYSIS some where i dono......any one has some good points of it in relation to case study i would realllyy appriciate thatt...........
heyyy just a quik question.. can they give you any other financial data on the unit 3 paper.. because the cash flow is pretty simploe for AS level dont u think??
In case of grocery retailing
stock is readily converted into cash at checkout counters long before the suppliers are
paid. In retail industry debtors are insignificant and creditors surpass stock by
considerable margin hence, creating a negative working capital margin. Trade credit
generated can be used to finance other business activities and that what Tesco is doing.
Tesco has said that it aimed to be the number one food retailer in all of its 11 over sea
markets. Effective management of working capital would help Tesco achieve this goal.
wht abt this point???
Yes its fine, we have to mention that sales in retailing is cash based.
To practice Cash Flow adjustments, I'll be doing the one from the Marks and Spencer paper.
Anyone did anything about gearing?
hy...ol..um..if you chek the case study again ..and see the figures mentioned in the forecast..it seems di and donny are predicting that teh feedstuff expenses are going to reduce somewhere in the middle and increase in the end..and the recipts for calves woud increase in the two three munthly period in da middle and then lower down atain at da end of da year..i was wondering if anyone knows the reasons behind it...or what we can write if asked...secondly...i dont know what to identify as the semi variable here, variable could be misc..which is missalaneous...and fixed could be labour... wat else?????????
and even thought there werent anyting mentioned about stock control here, i still think we should go over stock control and all and think about the most suitabl method for productions for suppliers ...di and donny for example... i was wondering how important "cell production" is because it has never been asked, alsoi think we should go over the graphical diagram of "stock usage"...its pretty easy really, nuthin to panic u just hav to see it once... nuthin to understand really...
and induction training for UNIT 2:
induction training is the process of introducing the newly recruited staffs to the place of work, their supervisors and colleagues along wiht informing them of their staff role and the coporate culture of the firm.
tesco could use induction training for it's newly recruited employees of oldham, failsworth, where about twenty percent of the employees were unemployed for a very long time and some are even disadvantaged.
here i will only write the ponts as i myself cannot develope them...dunno wat hapnd..my brain just stopd wrkin! lol
1.with induction training workers can become more familiar wihtt eh working environment, the ethos or culture of the firm . this is very important for TEsco, as they operate at a large scale and need a standard to be maintained in case of it's employees.
2.it will help them settle in faster and start working and there fore provide efficient customer service and increase sales of Tesco.
3.otherwise there would be chances of induction crisis, that is , when the employees leave job within a week of employment, it will cost high for tesco.
4.it helps to improve the image of the company. (althought i still couldnt figureout how)
5.how ever it should be carefully planned otherwise could be costly to Tesco.
guys is nobody of u appearing for unit 1 or 2????
anyway if anbody wud mind sharing the answers at the 11th hour plz, it wud be really great!!
OKAY GUYS...ANY IDEA ABOUT JUST IN CASE MANUFACTURING..ITs not available in any books but its writte in wiki pedia as the manufacturing technique where the products are produced at a large scale before hand just in case there is an increase in demand..which i dont tink is necessary for tesco as it is only a groceries store, an about the non food sector, it can produce sports equiptment in large scale but really, nothin else coz allthe tohers like electrical, clothes fashion changes with time and very fast due to the "fickle" nature of the consumer, and their other sectors that includes the finance and telecomunication they dont produce at all....
and as for Di and Donny, they even produce perishable goods so they wouldnt bother this either so if we are asked.."just in case" we say that its got nuthing to do wid any of those...ryt?
andi bet we wont be asked..anyways...i would like to know about "OFF THE JOB" traininng as it has never come in any of the previous years and there fore has a chance of turning up now...also.... for Di and Donny, what kind of production do you tink they follow? batch or flow? we dont know anything aout the type of dairy product they sell, other than milk, whichi s clearly stated in the reciept section but others like calves..cumon.i hardly think they would sell calves...:P so basically i could use some help in both these cases...
also, for sampling and segmentatin its only when thy anonymously survey their suppliers and when the market research group carries out a survey to find out about the market condidition...for the first, we use questionaires and for the latter?
and they are soon opening up, or probably have opened up convenient store format for cash rich time poor customers, how can their marketing objectives be set in order to achieve this....
maintain the best of quality and people would like value for their purchases.
to make sure that a variety of groceries are kept and proper labeling is done,(nutrition facts and all)
high prices, somethign like what it does for its Tesco Finest
make sure theya re available and can be reached easily by the target customers for example in the urban areas where upper class target could be reached..
maybe through news papers as this could reach a wide sector of it;s target6 market, we should discourage other methiods like tv advertisements because it states in the case that they are time poor/..
aryt..anybody else got any other point? um prett sure this is important ..
for us who are living in bangladesh...LESS THAN 24 HRS TO GO! gud luk guys..hopefully we ll rock the paper cuz weve almost covered every thing inshallah!