Premium Essay

Macintosh Grant

In: Business and Management

Submitted By princeanupam50
Words 2797
Pages 12
1 Introduction
Mackintosh-Grant, a leading clothing and footwear designer, headquartered in United Kingdom is formed by merger of two companies in 2008. It designs, manufactures, markets and distributes a large range of high tech leisurewear and footwear products through Europe, United States of America and Asia Pacific. With 700 employees at its three sites in
Eastern Europe supplies products to over 6 million customers in 20 countries. Let’s analyse the potential of this highly lucrative clothing and footwear industry.
Solely Shoe Industry has an annual revenue of about $360.1 billion. Europe is the largest market of shoes all over the world, while Asia-Pacific has the fastest growing shoe market at 7.9% CAGR. From 2007 to 2011, the percentage of shoes bought online has doubled. Average monthly household spending on shoes in US is $21.

Global Clothing revenue is around $500 billion in
2015 and expected to increase at a steady rate of
6.5% over the next 5 years. There has been a shift from traditional growth centres like US, Canada,
Europe to South Asia, ASEAN Nations and China. US,
Canada and European countries have become the greatest consumers of apparel market.

3 lines of Business Model followed by Macintosh Grant

2 Issues needed to be addressed at Macintosh Grant

Insufficient Dividends: Shareholders have been disappointed with the company’s performance over the last 3 years. However they have remained loyal and supported the Board in its attempts to move the company into profit. The institutional shareholders are now looking for increased growth and profitability combined with a strategic vision for future. Dividends per Share (DPS) has been zero for two years prior to last year, and just a miniature increase in the following year.

Capital Budget Overspends: Internal Audit Department has reported that there has been...

Similar Documents

Premium Essay

Organisational Structure of Apple.Inc

...The company's best-known hardware products include the Macintosh line of computers, the iPod, the iPhone and the iPad. Apple software includes the Mac OS X operating system; the iTunes media browser; the iLife suite of multimedia and creativity software; the iWork suite of productivity software; Aperture, a professional photography package; Final Cut Studio, a suite of professional audio and film-industry software products; Logic Studio, a suite of music production tools; the Safari internet browser; and iOS, a mobile operating system. As of August 2010[update], the company operates 301 retail stores[5] in ten countries,[6] and an online store where hardware and software products are sold....

Words: 2082 - Pages: 9

Premium Essay

Term Project: Apple Inc. in 2012

...General Apple's Vision was the Macintosh that was called “digital hub” that isa popular model of computer introduced in 1984, that features a graphical user interface ( GUI) that utilizes windows, icons, and a mouse to make it relatively easy for novices to use the computer productively. Rather than learning a complex set of commands, that wasonly need point to a selection on a menu and click a mouse button. Moreover, the GUI is embedded into the operating system. This means that all application that run on a Macintosh computer have a similar user interface. Once a user has become familiar with one application, he or she can learn new applications relatively easily. The success of the Macintosh GUI heralded a new age of graphics-based applications and operating systems. The Windows interface copies many features from the Mac. There are many different Macintosh models, with varying degrees of speed and power. All models are available in many different configurations. All models since 1994 are based on the PowerPC microprocessor. They believed had a real advantage for consumers who were becoming entrenched in a digital lifestyle. Also, digital cameras, portable music players, and digital camcorders. That they though could be the preferred hub to control integrate, and add value to the devices....

Words: 1776 - Pages: 8

Free Essay


...Brothers: In its last reported financial statements before it went bankrupt, Lehman Brothers reported a loss of $US 2.4 billion for the first six months ended May 31, 2008 (vs. a net income of $US 2.4 billion for the first six months ended May 31, 2007). The shift of $US 4.8 billion in net income is largely driven by a dramatic fall of $US 8.5 billion in Lehman’s revenues from principal transactions, which include realized and unrealized gains or losses from financial instruments and other inventory positions owned. A significant portion of the downward shift in principal transactions revenues is actually explained by unrealized losses of $US 1.6 billion in the first semester of 2008 vs. unrealized gains of $US 200 million in the first semester of 2007. Thus, accounting at fair value for some financial assets amplified Lehman's downward earnings performance. Hence, it can be put forward that FVA, through its magnifying impact on earnings volatility, may have contributed to aggravate investors', regulators' and governments' perceptions with respect to the severity of the crisis, itself characterized by record volatility in the prices of many securities and goods. On a related note, the increased volatility brought forward by FVA is conducive to the use of equity-based compensation, especially stock options, which value is then enhanced (according to the Black-Scholes model, volatility is one of the key inputs in option valuation). Prior research 此前的研究 suggests that there is a......

Words: 3771 - Pages: 16

Premium Essay

Venture Concepts Paper

...Dream Big Productions has received a Grant from the Houston Film & Art Festival and the Founders have all invested $2,000.00 each totaling $12,000.00 as Start-up asset funds.. Production Video Equipments: Equipment costs associated with production development are the following: 3 cameras + 3 tripods w/ dolly’s; 3 microphones; video/audio switcher , graphics generator; lights and...

Words: 856 - Pages: 4

Free Essay

Apple vs. Mac

...Question 1: Determine how each corporate culture differs from the other. When computing, software tools, and consumer electronics are mentioned, two companies immediately come to mind: Apple and Microsoft. While the two are alike, with the innovation of computer products, their corporate cultures show where the two differ and how it affects the success of the business. Apple was started by three men but one continued work for Apple on and off up until his demise, Steve Jobs, Apple's most important corporate culture. Jobs knew how to “leave something to the [consumers] imagination” creating utter excitement and the patience for the item to release. What led Apple to success was by running Apple as a startup corporate culture and the fact that “no other business is tougher on its partners by enforcing strict codes of secrecy” (Colvin et al., 2013). The strategies Job put into place seem to make Apple “a brutal and unforgiving place, where accountability is strictly enforced, decisions are swift, and communication is articulated clearly from the top to ensure no misunderstandings” (Lashinsky & Burke, 2011). Jobs held every person in place of power more and more accountable by “eliminating passive aggression and encouraging debate as new ideas are formulating” (Merchant 2010). This teaches leadership and ensures that Apple can and will continue its “computing and software duties” long after his tenure is up. It’s hard to argue this may be an undesirable strategy with the......

Words: 957 - Pages: 4

Premium Essay

Apple Computers Story

...Due to the many significant events that had happened during the year from 1984 to 2004 and the frequently changed in top management position actually had brought and contributed towards the growth and success of Apple. 1984 – 1985 Apple launched Macintosh As we can see in 1984-85, Apple next launched is the Macintosh. The Macintosh initially sold well, but follow-up sales were not strong. This was because of the again high price tag, as well as limited software titles. The machine's fortunes changed with the introduction of Apple’s new product - LaserWriter, the first PostScript laser printer to be offered at a reasonable price point, and PageMaker, an early desktop publishing package. The Mac was particularly powerful in this market due to its advanced graphics capabilities, which were already necessarily built-in to create the intuitive Macintosh GUI. It has been suggested that the combination of these three products was responsible for the creation of the desktop publishing market. In 1985, a power struggle developed between Steven Jobs and CEO John Sculley. Apple's board of directors sided with Sculley and Jobs was removed from...

Words: 4717 - Pages: 19

Premium Essay

Rising Cost of Everything and Fall of the Economy Companies Are Making Cuts Everywhere Especially in the World of It.

...With the rising cost of everything and fall of the economy companies are making cuts everywhere especially in the world of IT. In the past the IT budget was like a black hole anything the IT department wanted they basically got. Need the latest gadget sure no problem was the answer. Need a need desktops and servers even though we got them last year no problem came the answer. Now budget and management have realized that had to stop. IT folks now have to justify why the need something. This is especially true when comes to upgrading the system Operating System. Now IT department everywhere have to explain and show the added benefits of the new operating systems before management will sign off. This should pressure the likes of Microsoft and Apple to provide new and improved technology to their operating system but a lot of times this is not the case but slowly they might realize they have to setup and not provide things they think we need but go and provide enhancements that we are looking for. Back in the 1980s operating systems had to be bare bones due to the limited hardware that was in the computer. Computers back in the 1980 were lucky to have between 4 and 256 kilobytes, with 64 and 128 being common figures, and 8-bit processors, so an operating system's overhead would likely compromise the performance of the machine without really being necessary. When a person was lucky to have a word processor and office suite applications it would take over the machine completely.......

Words: 1074 - Pages: 5

Premium Essay


...Individual Essay Bill Gates has been the richest man on the planet for the majority of two decades, and he’s getting wealthier constantly. He was born on October 28, 1995 in Seattle, Washington. He was a very ingenious student. Bill Gates started to demonstrate an enthusiasm for Computer programming at just 13 years old. He persuades his passion towards computer programming with the help from his close friend and business partner Paul Allen. Through attractive innovation, sharp business strategy and aggressive business tactics, he created the biggest software company, Microsoft which worth up to $340.8 billion. He was been criticized for his aggressive business tactics and which have been considered anti-competitive, a supposition which has sometimes been controlled through various court rulings. In the later phases of his career Gates has sought after various humanitarian tries, giving a lot of cash to various charitable organizations and scientific research programs through his foundation, established in 2000. In his early career, he got selected into Harvard University in 1973 to persuade his career as lawyer. Gates didn’t forget to contact with his colleague Paul Allen, who was moved to Boston, Massachusetts, to work for Honeywell and Gates joined Allen at Honeywell. Amid this time, Gates and Allen were fascinated by the article on a popular magazine about their Altair 8800 Mini PC pack. Best friends, were enchanted with the potential results that this PC could make a...

Words: 2841 - Pages: 12

Premium Essay

Leadership Styles

...Google and apple Leadership styles   There are a number of different approaches, or 'styles' to leadership and management that are based on different assumptions and theories. The style that individuals use will be based on a combination of their beliefs, values and preferences, as well as the organizational culture and norms which will encourage some styles and discourage others. * Charismatic Leadership * Participative Leadership * Situational Leadership * Transactional Leadership * Transformational Leadership * The Quiet Leader * Servant Leadership Charismatic Leadership   Disciplines > Leadership > Leadership styles > Charismatic Leadership Assumptions | Style | Discussion | See also   Assumptions Charm and grace are all that is needed to create followers. Self-belief is a fundamental need of leaders. People follow others that they personally admire. Style The Charismatic Leader gathers followers through dint of personality and charm, rather than any form of external power or authority. The searchlight of attention It is interesting to watch a Charismatic Leader 'working the room' as they move from person to person. They pay much attention to the person they are talking to at any one moment, making that person feel like they are, for that time, the most important person in the world. Charismatic Leaders pay a great deal of attention in scanning and reading their environment, and are good at picking up the moods......

Words: 14705 - Pages: 59

Free Essay

The Evolution of Musical Instruments

...Evolution of Musical Instruments Music, the concept is something almost instinctually recognized. Rhythm, is it appropriated from our culture, or is it something innately recognized between living beings? From beating on walls to humming tunes, making music is something we are almost all capable of doing. But over time we have evolved our way of procuring these sounds, these vibrational patterns, and it has helped us evolve the actual concept of music to newer and grander concepts. To better understand this, I have drawn up the following timeline, demonstrating the evolution of musical instruments. • ??? Our first musical instruments were natural our lungs. Dating back to the beginning of human history • 45,000 years ago Neanderthals carve a flute from the leg bone of a young bear, in the region that is now Slovenia • 8000 BC Aborigines develop first Didgeridoo • 4000 BC Harps and flutes played in Egypt • 3500 BC Lyres and Double Clarinets played in Egypt • 3000 BC Chinese court musician cut first bamboo pipes • 2800 BC The harp and the lyre are in use as musical instruments in Mesopotamia • 2000 BC Percussion instruments added to Egyptian orchestral music including Bells • 1500 BC A copper trumpet is in use in Egypt, forerunner of the brass instruments of the orchestra • 1500 BC Hittites use guitars, lyres, trumpets, and tambourines in music • 1000 BC Bagpipes first used • 800 BC Five tone and Seven tone scales appear in Babylon • 800......

Words: 1082 - Pages: 5

Free Essay


.... • We do not, under any circumstances, grant in-person appointments, studio visits, or current exhibition visits unless images have been reviewed and found to be of interest to the gallery. • Do not provide actual artwork. Strict guidelines exist for your benefit and failure to follow procedure greatly inhibits the review process. The following guidelines help us to give your artwork the attention you desire. I N T E R N E T S U B M I S S I O N I S T H E P R E F E R R E D M E T H O D. Submit recent work only accompanied by: • Title • Complete Media List (ex. “Mixed Media” is too vague) • Dimensions • Retail Price • Year Created • List of gallery affiliations including past and current. A web site address is acceptable but only if all submission guidelines are meet. Please limit the total size of all e-mail attachments to under 5 MB. Please convert all images to JPEG format. Please limit the number of images you send to no more than 10 images. We will ask for more if we need them. When submitting work via the traditional post, please meet the above requirements and include the following: • High quality prints. • If submitting CD-ROMS’s, please make viewable on Macintosh computer systems. •...

Words: 410 - Pages: 2

Free Essay


...Contents Index 1 User’s manual for Windows & Macintosh ® ® Using a pen Customizing your pen Troubleshooting Using a tablet Customizing your tablet Digital inking Contents Index 1 Contents Index 2 Bamboo™ User’s Manual for Windows® & Macintosh® English version 1.2, March 03, 2008 Copyright © Wacom Company, Limited, 2008 All rights reserved. No part of this manual may be reproduced except for your express personal use. Wacom reserves the right to revise this publication without obligation to provide notification of such changes. Wacom does its best to provide current and accurate information in this manual. However, Wacom reserves the right to change any specifications and product configurations at its discretion, without prior notice and without obligation to include such changes in this manual. Reuse, recycling, and recovery. You are urged to recycle this product when replacing it with a newer product or when it has outlived its useful life by bringing it to an appropriate collection point for recyclable materials in your community or region. By doing this, you can help improve the environment of your community as well as minimize the potential negative effects created should any hazardous substance that may possibly be present within waste material reach the environment during the disposal process....

Words: 15849 - Pages: 64

Premium Essay


...Paper to be presented at the DRUID Summer Conference 2007 on APPROPRIABILITY, PROXIMITY, ROUTINES AND INNOVATION Copenhagen, CBS, Denmark, June 18 - 20, 2007 ENTERING A MATURE INDUSTRY THROUGH INNOVATION: APPLE S IPHONE STRATEGY Joel West San José State University *Michael Mace Rubicon Consulting Abstract: Innovation competencies are valuable in emergent and high-growth phases of the lifetime of a product or industry segment. For mature industries, researchers have emphasized strengths in operations and execution, with the implication that innovation-oriented companies must enter early in the product lifecycle or not at all. Here we examine the decision of Apple Inc. to enter the mobile handset business. We link the iPhone entry strategy to its historic competencies and the industry context of commodization and convergence. From this we offer conclusions about openness in mobile phones and prospects for a single dominant design for convergence devices. JEL - codes: O30, L16, L1 Entering a Mature Industry Through Innovation: Apple’s iPhone Strategy Submitted to DRUID Summer Conference 2007 February 28, 2007 Abstract Innovation competencies are valuable in emergent and high-growth phases of the lifetime of a given product or industry segment. For mature industries, researchers have emphasized strengths in operations and execution, with the implication that innovation-oriented companies must enter early in the......

Words: 10779 - Pages: 44

Free Essay


...The company is best-known for its Macintosh line of computers, the iPod, the iPhone and the iPad. As of July 2011[update], Apple has 357 retail stores in ten countries. It is the largest publicly traded company in the world my market capitalization. as well as the largest technology company in the world by revenue and profit. Although Fortune Magazine named them the most admired company in the United States in 2008, Apple has received widespread criticism for its environmental and business practices. Apple issued a statement stating that the Company would likely need to restate its historical financial statements to record non-cash charges for compensation expense relating to past stock option grants. The Company had not determined the amount of the charges, the resulting tax and accounting impact, or which periods may require restatement. Therefore, the Company filed a Form 8-K stating that the financial statements and all earnings issued by Apple relating to periods beginning on September 29, 2002 should therefore not be relied on. The investigation is still going on so Apple is delaying the filing of its Form 10-Q for the quarter that ended July 1, 2006. 2. Discuss “management” responsibility to the investors and stakeholders for the financial restatement. Management is responsible for establishing adequate internal control over financial reporting. Management also has to access the effectiveness of the company’s internal control over financial reporting....

Words: 737 - Pages: 3

Free Essay

Mac Osx

...If the application requires the use of more memory, the RAM grants the application Temporary memory from the Heap to allow for smoother function ability. The operating environment is controlled by the system global variables which is the elapsed time of each open applications since system start up. The Stack is an area of the application partition which utilizes the LIFO, it releases space at the top of the stack to ensure that no unallocated holes occur within the stack. The a5 world in the application partition is always a fixed amount. FILE MANAGEMENT Every computer system created has had some sort of filing system set in place for its end user....

Words: 1686 - Pages: 7