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Effect of technology in the world
Effect of technology in the world
Effect of technology in the world
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The Business and Financial Performance of Lenovo Group Ltd. over a Three Year Period
1.Introduction
1.1 Reasons For Choosing The Topic
The main reasons for me to choose this topic are as follows:
A company’s financial statement provide essential financial information that will help potential investors to better understand the company’s financial performance.Financial information are also significant for company’s management to analysis the company’s financial position.In the coming future I intend to be a perfessional accountant,therefore I need to practice and learn more about analysis skills and knowledge.
The financial statement of a company is easy to obtain.The financial statement of a listed company is wide open to the public so that I can obtain information through the Internet and libruary.And with all the valuable information I can perform better in the project.
1.2 Reasons for Choosing the Organization
My target company for this research is Lenovo .I am a computer fan,especially for Lenovo computer.My family and I have been using Lenovo computers for many years.And I’ve gained so much knowledge and computer skills from Lenovo computer.
Lenovo computer is very close to my daily life,I use it almost everyday. Nearly every company needs computers in their day-to-day running of business.Lenovo is China's largest personal computer maker by market share.Almost every Chinese know this brand,and is quite popular and has a good reputation all over the world.
In these days more and more people have their own laptop, and computers begin to play a more important role in our daily life. I am very interested in how a computer company’s financial performance would like to be and how a computer company w...
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...-environment influence.It consists of five
a).It can analysis the market environment when an organization enters a new industry.
b).It can identify critical success factors in the industry.
c).Analyse life cycle of the industry.
It also have some limitations:
It only provide general information not in greater details of analyzing PESTEL.
Collecting large amount of data from external party could be time consuming and costly.
b). SWOT Analysis
SWOT analysis identifies the key issues emerging from an examination of the organization’s internal strengths and weaknesses and identified internal factors and external factors in the business.
But it also have some limitations:
SWOT analysis only emphasizes the elements of strengths, weaknesses, opportunities and threats,but not include how individual organization overcome the weaknesses and threats themselves.
A SWOT analysis is an acronym that stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT is a planning evaluation used by businesses and organizations.
The SWOT analysis involves four steps. They are strength, weakness, opportunity, and threats. This will assist you to ident...
SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie. The SWOT tool contains paramount information about the industry and helps the executives of the business make decisions that are necessary for the business’s survival and success.
A SWOT analysis is simple exercise that could be implemented on multiple subjects including an individual or a whole corporation. The SWOT analysis is an operational tool for managing change, defining strategic direction and setting realistic goals and objectives according to Simoneaux and Stroud (2011). Discovering new opportunities and manage and eliminate threats that are present in the company and the surrounding market. SWOT is a valuable technique that leads to a better understanding of the strengths, weaknesses, opportunities and treats both internally and externally. The strengths and weakness are to be considered internal factors and opportunities and threats to be e...
A SWOT analysis is an examination of an organization’s internal strengths and weaknesses, its opportunities for growth and improvement, and the threats the external environment presents to its survival (Harrison, 2010). Generally, the information gathered for the analysis is organized into matrix form, howe...
The definition of SWOT analysis is comprehensively summaries the internal and external conditions, critical evaluate advantages and disadvantages of organization, facing the opportunities and threats, in order to the combination of company 's strategy and internal resources and external environment (Yuan, 2013). In contrast, SWOT analysis method is a descriptive model, because the enterprise strategy is often a typical uncertainty problem, the lack of adequate analysis and logic, and a SWOT analysis cannot provide the specifically, format of strategic advice (David,
A SWOT analysis is a measure tool to summarize a company’s internal and external aspects. By measuring the company’s strengths, weaknesses, opportunities and threats and looking for improving solutions by using the strengths and opportunities to improve on the weaknesses and take the necessary actions concerning any threats a company can survive in today’s world market.
What is a SWOT analysis? This concept involves assisting businesses to identify their strengths, weaknesses, opportunities and threats. It is often used to analyze an organization and its environment. Businesses find the analysis useful in assisting them to improve their business, establish goals and objectives.
The Purpose of Financial Statements The financial statements of a business are used to provide information about the status of the business, set performance targets and impose restrictions on the managers of the firm as well as provide an easier method for financial planning. The financial statements consist of the Profit and Loss Account, Balance Sheet and the Cash Flow Statement. There are four areas of information, which we can collect from a company's financial statements. They are: Ÿ Profitability - This information comes from the Profit and Loss account. Were we can compare this year's profit with the previous years.
The SWOT analysis is used to gauge a company’s strengths and weaknesses. It also outlines opportunities for tapping and presents possible threats that could affect a company’s operations.
The various tools of financial statement are used for decision-making process. The financial statement becomes a tool for future planning and forecasting. The analysis of these statements involves their division according to similar groups and arranged in desired form. The interpretation involves the explanation of financial facts in a simplifiers manner.
Financial statement is concerned with the recording of business transactions in a set of books and the periodic presentations of the financial data recorded in the books of accounts through financial statements like the profit and loss account and balance sheet, to outsiders like creditors, shareholders, employees etc.
Tilves, M. (2014), Google se ha hecho con casi el 6% de Lenovo, [Online], Available on: http://www.siliconweek.es/noticias/google-se-ha-hecho-con-el-6-de-lenovo-53933, (Accessed on 10 February 2014).
It goes through the through the strength, weakness, opportunities and threats of the company. This analysis is called the SWOT analysis. It is divided into two major parts. External Factors and Internal Factors Strength and weakness are concerned with the internal factors, and opportunity and threat are concerned with the external factors. 3.1 External Factors Here only opportunities and threats are analysed as these are supposed to be listed as anticipated events or trends outside the business that have implications for performance.
Owners and managers require financial statements to make important business decisions that affect its continued operations. Financial analysis is then performed on these statements to provide management with a more detailed understanding of the figures. These statements are also used as part of management's annual report to the stockholders.