COMMERCE 4PA3 Lecture Notes - Lecture 6: Quick Ratio, Earnings Before Interest And Taxes, Inventory Turnover

• School: McMaster University
• Department: Commerce
• Course: COMMERCE 4PA3
• Professor: Peter Johnson

Document Summary

1) assess the company"s strategic components (use figure 2. 1 in saa text) Deliver sample piece within 10 days to two weeks, compared to four weeks for competition. Deliver finished order in 6 weeks, fast turnaround. On time delivery (10 days to 2 weeks instead of 4 weeks like their competitors) Leverage operations as much as possible through use of debt. Match pattern needs of customer with sample. Stay within architectural & design materials & services but might add other things. More involved in general management instead of making kim. Hand tufted carpets & murals, machine tufted & overtufted carpets. Core activities: succinctly explain the company"s core competence and value proposition. Custom ordered for residential and commercial buyers, unique size, colour, pattern, texture, ability to match pattern needs of customer with sample is critical. Fast sample turnaround: what are the pros and cons of the following strategic initiatives, wsm acquisition. Supplies 95% of dcc"s wool yarn requirements, still have additional capacity.