Business Administration 1220E Lecture Notes - Lecture 20: Canadian Dollar, Retained Earnings

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Business Administration 1220E Full Course Notes
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Business Administration 1220E Full Course Notes
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Business 1220e- lecture 20- analysis of scf, ratios, financial projections, 4c"s of. Credit and decision (la maison maison inc. ) part two. La maison maison inc. 4 c"s of credit. Recession had a huge affect on the wholesalers industry, especially because la maison. Maison sells soap despensers and other items that are more wants than need. Experienced a huge increase in american chains in canada due to the strong canadian dollar. Due to increased competition, retailers must lower prices to remain competitive which results in the wholesalers to decrease its prices. There is a large increase in the shift to e-commerce and is expected to grow. There was an increase tendancy to only buy products when there was a promotion or sale. Estimated to have a lack of domestic demand in 2013. However, there is an estimated increase in international demand, mainly from south asia mostly for grocery stores. Completed a degree in commerce at mcgill university.

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