Saturday, June 15, 2019
Financial Report Essay Example | Topics and Well Written Essays - 2750 words
Financial Report - Essay ExampleThe bench sap companies in this industry include DP world limited, Global point investment and finally Hangar & plc. Review of U.K and global economy U.Ks economy is in a strong position. It has been stable and its reaping rate has been consistent for the last two decades. The economy boosts of the highest employment rate among the G7 nations. The main challenge facing fall in Kingdom currently is finding ways to build it further in order to become more competitive in the globe. Currently UK has almost 30million the great unwashed employed. Global economy has been changing at a very high rate. This is contributed to from different emerging economies that include china and India. This is illustrated in Chinas growth that was at over 11% in 2005. With this trend it is likely to be the third biggest economy by 2016. Review of the hind end political bulge outy sector The major(ip) players in this industry ar small and medium sized enterprises. In th is sector a person depart notice that less than 1% of these companies do employ 300 people and above and on the other side sole traders make up 37%. In respect to education, 16% will account for people who have graduated. There are various forms of transport in this industry namely, land transport, water, warehousing, postal, courier and air transport (TAMARI, 1978). The key issues in this industry include attitude that people have especially the young graduates who are not interested to join this sector Company information The target company was incorporated in the year 2011 and does conduct its business through its subsidiary Fujian Xingtai Company limited. The company was founded by Mr. Shufang and Mrs Meijin. The main business undertaken by this potful is providing logistic services. The corporation has a marketplace share of about 60 manufacturers based. Swot analysis Strength Risk management system Company market position Business model Weakness Poor performance Management team Opportunities Assessment of the companys sources of inputs and finance Threats Strong franchise treasure Expansion potential Strength of the company The company also has a strong market segment in Europe that it serves best. The company top 20 clients account for 45% of the total revenue. In management of its risks, the company uses what we call a proactive approach. This approach ensures that both the employee and the customer are safely protected (FINE, 2009). The business model of this company forms the strength of the company. This is because it is loyal to its customer, the services are offered at affordable prices which create economic value therefore sound business model. Opportunities for the company Sources of inputs and finance for the company are available and obtainable at a reasonable cost. A larger percentage of the company source of finance is through the owners contribution. The company also get loans from the leading financial institutions in the United Kingd om. Besides these, the company also raise part of their capital through issue of shares which are sold to the public at a given price (FINE, 2009). Threats Potentiality to expand its business activities is limited because of its competitors in Europe. The company get stiff competition from multinationals companies in the transport industry and this has led to reduced revenues in the company (WIEHLE. 2007). Weakness The Company has a wretched management team which has resulted to poor
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