RMG 200 Lecture Notes - Lecture 5: Tesco, Kroger, Treuhandanstalt
Document Summary
Rmg200 week 5 lecture international retailing and finance. Counterfeit merchandise goods infringed on trademark products. Bootleg copy of a similar product; has a different name. Knockoff copy of latest product, not branded as such. Top global retailers of 2013: walmart, costco, carrefour, schwartz unternehmens treuhand kg, tesco plc, the kroger co, metroag, aldi einkauf, home depot, target. Does not necessarily focus on profits but return on assets is the primary focus. Roa the profit generated by the assets possessed by the firm. Summarizes a firm"s financial performance over a period of time a quarter or a year. Net profit % = net profit margin/ net sales. Selling expenses i. e. employee salaries, benefits, operating expenses. General expenses costs, other than the cost of merchandise, incurred in the normal course of doing business salaries, advertising, utilities and rent. Administrative expenses i. e. depreciation, consultants, membership. Assets economic resources owned or controlled by a firm.