BU481 Lecture Notes - Lecture 6: Business Ethics, Free Trade, Inventory Turnover
Document Summary
Losing 21191$ for 2 years and need to find a solution that will generate a new million block of business. Key success factors (cid:862)(cid:272)o(cid:373)(cid:373)it(cid:373)e(cid:374)t to (cid:271)oth the (cid:272)o(cid:373)(cid:373)u(cid:374)it(cid:455) a(cid:374)d to its (cid:449)o(cid:396)ke(cid:396)s (cid:396)a(cid:374)ked a(cid:271)o(cid:448)e all else, i(cid:374)(cid:272)ludi(cid:374)g o(cid:374) o(cid:272)(cid:272)asio(cid:374) p(cid:396)ofita(cid:271)ilit(cid:455)(cid:863) (cid:862)the e(cid:272)o(cid:374)o(cid:373)i(cid:272) (cid:271)e(cid:374)efit to atla(cid:374)ti(cid:272) ca(cid:374)ada p(cid:396)ovided through the location of head offices. [i(cid:374) ne(cid:449) b(cid:396)u(cid:374)s(cid:449)i(cid:272)k} i(cid:374) that (cid:396)egio(cid:374) (cid:272)ould (cid:374)ot (cid:271)e o(cid:448)e(cid:396)stated(cid:863) [i(cid:374) (cid:396)elatio(cid:374) to the (cid:271)usi(cid:374)esses success] Free trade agreement with n. a has hurt canadian industry with the u. s. ability to use larger economies of scale (higher unit costs) Foreign ownership of canadian businesses was high with 60% of industry shipments. Industry is only operating at 75% of production capacity. Goals: grow revenue by million from new sales. Product/ market focus: current product categories: Market focused apart from the potential collaboration with the 2 other edible production businesses. Core activities: candy production within canada and thailand.
