PART 1 PROJECT OBJECTIVES AND OVERALL RESEARCH APPROACH (1064 Words) 1.1 Introduction I have selected topic-8 which is “An analysis and evaluation of the business and financial performance of an organization over a three year period” for my research and analysis project. The organization chosen here is a pharmaceutical company named “Beximco Pharmaceuticals Ltd.”(BPL) and decided to conduct a business and financial analysis between the periods from 01 January 2010 to 31 December 2012. 1.2 Reasons for choosing the project topic and organization (320) I have been working as a financial analyst in a credit rating agency where my responsibilities include analyzing and evaluating performance of a business comprising of both financial and non financial performance. I have developed an expertise on this specific topic from my work and ACCA qualification. This is why I believe that I have the necessary skills as well as enthusiasm to conduct my research on this topic. In addition to that this research would also help me in my career ahead. Moreover, analysis of financial performance of a company acts as a useful tool for various stakeholders and facilitates investment decisions to a large extent. The pharmaceuticals industry in my country is growing at a fast pace and I am very keen to understand more in depth the reasons behind it. I have decided to carry out the analysis on a local pharmaceuticals company and chosen BPL which is a leading pharmaceutical company in Bangladesh. Since BPL is one of the leading companies and trading shares publicly on the stock exchange, it has made a wide range of information available to the public, availability of which played a vital role in deciding to choose this company... ... middle of paper ... ...ecided to do a ratio analysis using four ratios (Profitability, Liquidity, Gearing and Investor) for analyzing BPL’s financial performance. The ratios were then used to compare with the ratios of a major competitor. This facilitated my understanding on how BPL has performed over the last three years comparing it with a major competitor. For the analyzing the business position of BPL, I employed a substantial amount of my time for the selection of appropriate business model and finally gave more preference towards SWOT analysis comprising of Strength, Weakness, Opportunity and Threat. However, I have properly accounted for the limitations on the model. For other non-financial factors, I studied the core values and achievements of the company and decided to analyze results on areas such as quality control, customer satisfaction and corporate social responsibility. .
There are many ways to analyze the performance of a company, some more popular than others. According to the Barney text the accounting method is the most popular way of measuring a firm's performance (Barney, 2002). Some of the reasons for the popularity could include the fact that accounting measures of performance are publicly available on many firms and they communicate a great deal of information about a firm's operations. Other methods of performance analysis include firm survival and the multiple stakeholder approach.
This report is going to analysis and evaluation some of issues about investment for WHSmith plc. In the following paragraphs, it also will explain basically how the stock market in specific in relation to plc and also investor. Then for analysing the company’s financial performance use the data from ratio analysis. The data will compare
3. Analyzing the financial results in Exhibits 1 and 4, give an assessment of how well the company is executing its strategy. How has the company’s stock price performed over the past four
Non-financial information is significant in order for the organization to measure and evaluate their performances every year. The information obtained from non-financial analysis allowed the company to make decision with the aid of other information as well. For example, information such as financial and non-financial analysis play important role for the management team to make their decision whether to invest in the company or not. There are many ways to measure a non-financial performance of an organization. Customer’s satisfaction on the products offered, employee’s satisfaction, product safety, executive’s compensation, etc., are the different aspects that a company may look into it for the evaluation of their performances.
In every business industry one must consider the importance of financial and non-financial measures, which provides benefits in order to accomplish primary organizational objectives. The success of the workforce depends mostly on how mangers and employees measure their financial and non-financial performances. To be able to comprehend the concept of how businesses attempt to achieve organizational aims, one must define financial performance, which is ‘a subjective measure of how well a firm can use assets from its primary mode of business and generate revenues’ (http://investopedia.com/). Many examples come with such a concept, including how businesses take into account the cash flow, income and total unit sales, and look into financial statements, declining debt, balance sheets and price earnings. As such, non-financial performance must be defined as well, and it is indicated as ‘any quantitative measure of either an individual’s or an entity’s performance that is not expressed in monetary units’ (http://lexicon.ft.com/). For example, the rate of employee or costumer satisfaction, the quality of products and goods produced, and the market share are taken into consideration. Finally, organizational objectives could be defined as ‘the overall goals, purpose and mission of a business that have been established by its management and communicated to its employees’ (http://www.businessdictionary.com/). The purpose of this essay is to discuss and analyze the importance of financial and non-financial performances that international business organizations operate in, for the sake of attaining organizational goals and boosting the overall performance of the workforce. This will be done by using American Multinational Corporations. Such as,...
This project displays the evaluation of the financial performance of a publicly traded US Corporation, based on the information that is found. It will include some of the most important financial statistics that that company has on their most recent 10k reports. Once all the financial information of that company has been collected, a conclusion will be drawn based on the finding as well as comparing those stats to the stats of their leading competitors.
This section is subdivided into three parts. The first part explores on the methodology employed in achieving the results. This section includes tools and approaches employed in the research. The second section contains the results from the research. The final section discusses these results to identify any correlation with the thesis statement and the implications of the outcome to the investors and creditors.
I will additionally clarify the ratios that were computed, address different strategies for examining financial statements aside from ratio analysis. I will additionally clarify the examination of the firm, and make proposals for development. The manufacturing company I picked is Johnson & Johnson.
This purpose of this paper was to evaluate the financial statements of IBM Corporation during the past five years to assess the future profitability of the company. Unfortunately, this report only reflects up to four years, as appose to a five year analysis. I used Plaza College Library along with Queens Library to do my research. This helps me with the data base I needed to access and wasn’t able to at home. My professor helped me with my research; he helped me understand the things I didn’t understand. He also guided me to web pages that help me with my research. I used many search engines such as IBM company web page, Google, ProQuest, MSN Money, and Yahoo Finance. IBM web page was the best because most of my information came for the company web pages. Google was helpful because it help me find my company information that wasn’t on the web page. ProQuest is good for data base but it wasn’t helpful to my research. MSN money was very helpful I was able to get my 10k report and many other things. Yahoo Finance, I was able to get all my finance information without a problem. All the information I received, I was able to put in it in my research paper to create a 10 to 12 page research paper. In this paper I have applied knowledge of business concepts, information literacy techniques, and critical thinking.
We will base on three criteria to analysis their financial performance and position. They are profitability, financial position and efficiency. First, we will separately analysis individual firm. Second, we will compare both firms’ financial performance. Third, we will compare the firms in the whole industry.
According to the Market Line 2014, they have done an analysis on the organisation’s strength, weakness, opportunities and threads in February.
A business is always set up with an aim of profit maximization. Before a business is set up, the entrepreneur always has to analyze the market. The target group, the advertising medium, level of competition among others. The business has to know its strength and the weaknesses and the strength of the competitors. This factor therefore enables choosing of the right product or service to invest in.
Space matrix based on four areas of analysis within these. As a most important determinant of a company, financial strength and competitive advantage make up internal dimensions. Environmental stability and Industry strength constitutes external strategic dimensions. In the internal dimension part, key factors regarding financial strength mostly come from company accounting. (Cross, 2003) These critical success factors can be return on investment, leverage, liquidity, ease of exit from the market and the risk involved in business, cash flow and etc. Competitive advantage (having critical importance to marketers) key factors are as an example, technological know how, market niche position, customer loyalty, product quality, market share, product life cycle, and others. Every company is influenced by external environment (industry and environmental stability) that company is
In the past, the company performance was measured by asking ‘how much money the company makes?’ To a certain extent, they are right because gross revenue, profitability, return on capital, etc. are the results that companies must bring to survive. Unfortunately, in today business if the management focuses only on the financial health of the company, numerous unwanted consequences may arise.
The key success factors in the pharmaceutical preparation manufacturing industry has relied on the heavy focus on R&D in developing new drugs, obtaining patents for these drugs, and then sales with high profit margins to cover the costs of the patented drugs.