...Essay Australian Competition Consumer Commission (ACCC) has taken Federal Court action against Apple for misleading claims about the connectivity speed of the latest iPad. Apple had advertised on there website as an iPad with WIFI+ 4G capabilities, the tablet is unable to use the 1800MHz frequency which is Australia’s existing 4G network. The ACCC is a part of government that aims to encourage competition in a stable environment and to look after the consumer so the consumers do not believe that they are being taken advantaged of by the misleading claims. This misleading claims or a consumer being feeling cheated allows the Australian Competition Consumer Competition to intervene in behalf for the consumer. ACCC had to intervene in behalf of the consumer when apple had made misleading statements about their latest product the iPad. Australian Competition and Consumer Commission believed that apple had made misleading statements about their connectivity speed of the iPad. The basis for this intervention is to maintain or enforce competition within Australia and by the misleading claims the company apple was misleading the consumer by the reference to 4G capabilities. To maintain or even enforce competition ACCC has to intervene to allow the consumer the choice of choosing the product and to have the information about the product before making a decision on the product to purchase. ACCC intervenes to monitor or foster competition so no single market participant has enough...
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...Development Analysis Two Mini Cases 1 21 June 2012 Final Project: Development Analysis Two Mini Case Studies DeVry University Professor Mozinski, BUS412 Business Policy Development Analysis Two Mini Cases 2 Mini Case 1: Bikes for the World (BfW) Challenge or Problem: The Bikes for the World organization was formed to offer valid solutions to the transportation problems facing the poor around the world. Lack of affordable and eco-friendly transportation system led founder Keith Oberg to create BfW. Oberg states he did so in order to solve two problems: to help address the developing world’s lack of affordable, eco-friendly transportation, and to help find a better use for the glut of unwanted bikes in the United States (Thompson, 2010). (Pictured above a young boy from Nyariga, Ghana receives a Bikes for the World bicycle. Photo courtesy of the Shape Lives Foundation) Oberg’s mission was simply to “assist poor people overseas to become more productive through providing affordable bicycles for personal transport to work, school, and health services. Secondarily, provide satisfying community service opportunities to Americans—collecting bikes and spare parts--towards realizing this primary goal of helping others overseas” (BfW, 2012). Through a goal to achieve a sustained impact both here and abroad BfW has partnered with over 600 volunteers, donors, and agencies worldwide who all share a common concern for reducing waste and helping the poor earn, learn,...
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...Page 1 of 8 Orica – The Russian Puzzle ------------------------------------------------------------------------------------------------------------------------------------- Orica Limited is a leading publicly-owned company with operations in more than 50 countries and is ranked among the top 40 companies listed on the Australian Stock Exchange. Orica and its growth Orica was formed when British chemical company ICI plc divested its Australian operations in 1997. Since then, Orica has pursued opportunities for organic growth, category expansion, mergers and acquisitions (including the acquisition of the global explosives interests of ICI Plc) that have marked Orica’s transformation into a global company. Orica today pursues a focused strategy targeted at the provision of services to mining, construction and infrastructure industries. It operations are conducted as three separate businesses - Orica Mining Services (OMS), Minova, and Orica Chemicals, each a leader in its chosen market. Orica Mining Services (OMS) is the global market leader in the supply and servicing of commercial explosives and blasting systems to the mining, quarrying and infrastructure sectors. Commercial explosives, initiating systems and Blast-Based Services are its main offerings. The business is run globally with a presence in Australia, Asia, Europe, the former Soviet Union, Africa, the Middle East, North America and Latin America. Mining services contributed to 55% of the 2010 revenues. OMS business...
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...averaging 1,100 square metres compared with The Warehouse average of 3,677 square metres. The group is hoping to gradually increase this average sales area over time. The acquisition makes good sense - both chains are similiar to The Warehouse and the group is hoping to benefit from economies of scale, whilst improving the profitability of the Australian operations by introducing the latest IT and inventory systems. It will also provide The Warehouse with a valuable opportunity for further growth and expansion. Following the acquisition, The Warehouse Group has been listed on the Australian Stock Exchange. 2001 August - The Warehouse Financial Services launched. 2002 The Warehouse celebrates its 20th birthday. 2003 June - CEO Greg Muir resigns over differences with the board on the company’s future direction. "Mr Muir's resignation came as a result of ongoing discussions in which the board and the CEO had differing philosophies regarding the direction of the company." According to Mr Muir, the split is unrelated to operational difficulties that have prompted two profit warnings this year or the retailer’s problematic Australian expansion. July - Founder, Stephen Tindall, agrees to assume the role of acting CEO while the company undertakes a search for a new Group Chief Executive. November - The Warehouse in...
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...If this blood don’t turn to gold Jon Hart – Someone not-so-rich, but semi-famous By Madeline Hoskin Musical success doesn’t automatically mean a comfortable living. Being in a band is about pursuing a love. If you get paid for it… well then that’s preferable. I’m at The Little Marionette, a tiny café tucked away off the main strip of the Sydney suburb of Annandale. It has flaking paint, and a giant window that opens up the shop to the road outside. In the front room there are a few unsteady silver tables and an assortment of wooden chairs. A sparse barista station is set up in the corner. It is barely shielded by a simple white bench top, so it shines in all it’s disorderly glory to all who enter. This is the highly acclaimed, favourite coffee stop for Jon Hart, a member of Australian five-piece group Boy & Bear. Jon leads me through the first room of the café, through a flimsy, painted revolving bookshelf wall, and into the café’s hidden quarters. The room’s décor is completely different to that of the first room. There are plush fake leather lounges and a higgledy-piggledy assortment of mirrors all over the walls. There’s even a mounted deer head prominently on display. We sit at a table and he begins to rave about the coffee. It’s so good here he’ll drive 25 minutes from his house everyday to drink it. He confesses to me, seeking out the top coffee locations in every city has become a ritual for the band. The Little Marionette is currently the winning location...
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...Brazil and the Cape of Good Hope to Australia when his fleet arrived in Botany Bay, located in Sydney, in 1788, according to Wine Australian which is one department of Australian government. Since that Australia had made a history of producing and exporting wine. In 1854, a barrel of fortified wine was exported to London, which is the first reported Australian wine export (Wine Australia, 2012). Subsequently, Australian exports in wine have boosted at an extraordinary rate especially in recent years, reaching the record level in 2007. Today, Wine Australian also point out that Australia is the fourth largest wine exporter in the world, constituting about 4% of total world wine production, and export over 800 million liters to international wine market and as a result, it produces a contribution of around A$3 billion per year to Australian economy. Australian wine exports to more than 100 countries; mainly two biggest markets are United Kingdom and United State. Besides, there are other significant markets, such as Canada, New Zealand, Ireland, Japan, Singapore and India. Simultaneously, domestic consumers also have an enormous demand to Australian wine, consumed by about 500 million liters per annum. Hence, Australian wine brand value and reputation, namely “New World” wine, are also spreading around the world, constituting large percentage of market shares which previously owned by “Old...
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...in WOW.AX and AYH.AX……………………………………..…..3 IV. Short position in WOW.AX and AYH.AX………………………………..……..4 V. Invest and short sell ASX 200 index…………………………...……………….5 VI. Long – Short Portfolio…………………………………………………………… 6 * Portfolio1………………………………………………………………….…………6 * Portfolio 2……………………………………………………………………………6 * Portfolio 3……………………………………………………………………………7 VII. Long – Short funds in Australian fund management companies…………8 VIII. Cost and Requirement of short selling…………………………………...……8 IX. Exhibit………………………………………………………………………………..9 X. Reference…………………………………………………………………….…….10 I. Long-Short Strategy Long-short strategy is a hedge fund strategy in investment, which involves the long positon in a stock and short position in another stock. A Long position simply means buying an undervalued stock in a lower price that are expected to get an increasing value in it. On the other hand, short position in a stock means borrowing some shares from brokers who also borrows the share from institutional companies, then sell it immediately in the market and buy those stocks back at a lower price later. The profit is the different between the initial selling price and the later price when buying it back. The ideal situation for the long-short strategy is the long position in a stock will increase and the short position in another stock will decrease. If this happened, the position will become equal size and the hedge is the optimal choice. II. Long...
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...introduce a new white goods outlet at Sydney. In order to successfully enter the target market and launch the store, managers need to carefully manage, operate and design appropriate market strategies. With the development of economic globalization, the relationships between the enterprises are becoming closer. And the enterprises are facing increasingly intense competitions with each other. In this rapidly developing society, marketing is more important for enterprises than ever before. Using the appropriate marketing concept to settle the issues between enterprises and customers is the key to success. This paper chose Sydney as the target location to open a white goods outlet. As the largest city in Australia, Sydney has a population of about 4.4 million spread over 12,000 square kilometers. Sydney is a metropolitan and tourist attraction center which attracts lots of visitors and foreigners from all over the world. The consumer base of Sydney is huge and the demand for high quality appliance and facility large. This paper is a critical analysis which describes the existing market environment and industry information. The paper firstly gave a brief introduction about the local retailing industry. The following part of the paper defined the mission and the marketing objectives of the target white goods outlet and re-emphasis on the Five Forces model. Implementation plan is more explicit which describes the market condition, promotion, distribution, pricing, product and other related...
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...Exam case Australian Beverages Limited Pre-seen information Semester 1 2010 Australian Beverages Limited — Pre-seen information A. Introduction to Australian Beverages Limited — March 2010 Australian Beverages Limited (ABL) commenced soft drink manufacturing in 1937. During the 1970s and 1980s, the company expanded its beverage portfolio by entering into other non-alcoholic beverage categories, such as fruit and milk-based drinks. Entry into the snack food market was recently undertaken in response to declining consumption of carbonated soft drinks (CSDs), the company’s traditional area of business strength. This move also enabled ABL to leverage its strong distribution capabilities to supermarkets, convenience stores and hospitality channels by adding adding such complementary food products to non-alcoholic beverages. Nevertheless, CSDs still accounted for 90 per cent of company revenue in 2004. Tom Dwyer, the current managing director, has been with the company since 2005. He joined the company at a time when CSD growth was stagnating and shareholder confidence in the company was waning. This had resulted in the share price declining by 15 per cent in the two years prior to his appointment. In order to restore shareholder confidence, Dwyer established a strategic planning team within the company to assess the current product portfolio and identify organic and acquisition growth opportunities. From this review the importance of operational excellence was identified and strong...
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...Summary Hong Kong is believed the world best location in the world to startup a foreign business. Due to Hong Kong provide a clean business-friendly environment, a stable government fiscal and the advantage of its location. In addition, with the sustainable growth of the GDP and the simple tax system with its low tax rate which made it an attractive place for investment. However, the highly polluted environment and the over-heated real estate would be a big concern for Hong Kong government. In addition, the dependence on land sales revenue should have to reduce if Hong Kong government wants to achieve a long- term fiscal sustainability. The table below clarifies that different level and different type of risk shown from this evaluation and analysis report, reveals that overall risk are in the low level of risk, except for the real-estate and environment risk. Therefore, Australian investor should expected the business operate in Hong Kong would be fairly and equally treated. However, due to the culture difference, that although Hong Kong is a mixed in high and low context culture compare to China and Japan, the minor culture barrier still remain. | |Type of risk |Level of risk | |Factors |- Political system |Low | | |- Legal system ...
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...Bettley-3283-02.qxd 6/6/2005 5:06 PM Page 10 2 Operations-based Strategy Robert H. Hayes and David M. Upton Strategic planning tends to be thought of as a high-level game of chess: a ‘grand plan’ is formulated in the executive suite, and then the implementation of the different moves (the ‘easy part’ of the job) is down loaded to the operations organization. However, the world of strategy from the perspective of operations is usually much messier. The ‘strategy’ is seldom evident until after its implementation is well along. Instead, people throughout the organization are continually identifying opportunities, developing new knowledge and capabilities, and testing out their ideas. Initiatives are undertaken, changed in midcourse as new information becomes available and better ideas surface, and sometimes abandoned so that energy can be focused on a different approach. The battle is won not in the boardroom but in the laboratories, on factory floors, at service counters, and in computer rooms. Operations’ role is larger than just that of implementer of strategy; it is the foundation for – indeed, the driver behind – successful strategic attacks and defenses. The important implication for company leaders: companies that fail to exploit fully the strategic power of operations will be both hampered in their own attacks and vulnerable to those of competitors that do exploit this power. Nowhere is this clearer than in cases where large companies that have established...
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...Australian Beverages Ltd-Pre-seen case study information A Introduction to Australian Beverages Ltd In 1937, Australian Beverages Ltd (ABL) commenced manufacturing soft drinks [non-alcoholic drinks rather than 'hard' drinks that contain alcohol]. During the 1970s and 1980s, the company expanded its beverage portfolio by entering into other non-alcoholic beverage categories, such as fruit- and milk- based drinks. In 2011, the company was Australia's largest supplier of non-alcoholic beverages. Tom Dwyer, the current Managing Director, has been with the company since 2008. He joined the company at a time when carbonated soft drinks (CSDs) growth was stagnating and shareholder confidence in the company was waning. Dwyer established a strategic planning team within the company to assess the current product portfolio and identify organic and acquisition growth opportunities. From this review the importance of operational excellence was identified and strong investment was made in world-class manufacturing facilities and systems. Process re-engineering was implemented to reduce the costs of manufacturing and time-to-market. Given the declining consumption of CSDs, Managing Director Tom Dwyer has sought to reduce ABL's reliance on them, focusing on growing new products and entering new non-alcoholic beverage categories since his appointment in 2008. Alongside significant investment in product development of other non-alcoholic beverages, several acquisitions have been made to...
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...scientific management we were able to understand what it meant to be a top manager, and how to communicate with the employee. Henri Fayol, was another contributor of the idea of human resources, and the managerial world, he was the early proponent of general principles of management. With these men they shaped the idea of what was proper management, and what the work environment needed. With them they brought forth new ideas, and these ideas brought forth the movement of diversity. With diversity becoming more of a norm within the working environment, and fewer whites moving up in the ranks of companies, and businesses. The workforce started to change with the introduction of women in the workforce, and other cultures being involved, when the market began to globalize. I believe the start of diversity happened when the change in the family began, in the 1950’s. More mothers where leaving the stay at home roles, and turning to the workforce. Also this came from the great depression, and the Second World War, that happened around this time, when all the men where away at war. Women had no choice but to pick up the slack, and work in the nearby factories, and...
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... * Sweet Indulgence is the oldest family owned private Australian company in hand made chocolates * It was established in 1895 by Wilson Taylor. The MD of the company is Arthur Taylor – a fifth generation family member What industry, product segments/markets do they operate in? * Second largest family-owned chocolate maker in the Australian Industry * Core activities include blending of raw cocoa beans and company-owned roasting and chocolate making facilities. * Control & adjust flavours, also produce chocolate dough processing and packaging. * They also are involved in distribution of the products & seeling the product to the end user (consumer) through their own retail stores all over Australia. * Operates in distributing to supermarkets & convenient stores, but also directly to the consumer as a retailer. * They supply domestically * There 4 clearly defined segments: bars, blocks, boxed & seasonal. Sweet Indulgence seems to What is the current life cycle position of the industry? * The industry is in the growth to mature stage of the life cycle. * As they are currently expanding to different stages and involved in value adding to the current products * There also seems to be the initiation of an alliance with Stella’s – contributing to new products and increased revenue. Provide products in all 4 segments, mainly through boxed 3.0% and Seasonal 5.0% of market share within the industry. 2. Assess Industry’s future...
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...growww.businessmonitor.com Q4 2010 AUStrALiA food & drink report INCLUDES 5-YEAR FORECASTS TO 2014 iSSn 1749-2580 published by Business Monitor international Ltd. AUSTRALIA FOOD & DRINK REPORT Q4 2010 INCLUDING 5-YEAR INDUSTRY FORECASTS BY BMI Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: July 2010 Business Monitor International Mermaid House, 2 Puddle Dock, London, EC4V 3DS, UK Tel: +44 (0) 20 7248 0468 Fax: +44 (0) 20 7248 0467 Email: subs@businessmonitor.com Web: http://www.businessmonitor.com © 2010 Business Monitor International. All rights reserved. All information contained in this publication is copyrighted in the name of Business Monitor International, and as such no part of this publication may be reproduced, repackaged, redistributed, resold in whole or in any part, or used in any form or by any means graphic, electronic or mechanical, including photocopying, recording, taping, or by information storage or retrieval, or by any other means, without the express written consent of the publisher. DISCLAIMER All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Business Monitor International accepts no liability whatsoever for any loss or damage resulting from errors...
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