Business Decision Making - Syngenta's Amistar in Japanese Market
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This report discusses business decision making with respect to Syngenta's Amistar in the Japanese market. It includes column and bar graphs of sales, profit and cost, trend line analysis, and interpretation of the data. The report concludes with a recommendation to launch Amistar in London.
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BUSINESS DECISION MAKINGTASK 3
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INTRODUCTION Business decision making is regarded as an essential part of every organization. This is being carried out with an aim to make selection of suitable course of actions that can result in attainment of success by the firm. In the present report, business decision making has been discussed with respect to Syngenta. The firm is one of the world'sleadingcompaniesthatpossessesmorethan28000 employeesinapproximately90countries.Mainpurposeofthe business is to bring plant potential to life. The company is planning to launch new product that is Amistar which is a broad spectrum fungicide that can be used in Integrated Pest Management.
COLUMN GRAPH OF SALES, PROFIT AND COST
BAR GRAPH OF SALES, PROFIT AND COST
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INTERPRETATION These figures present the column and bar graph of Sales as well as cost and profit of Syngenta's product that is Amistar in the Japanese market. The graph represents the data of last ten years that starts from 2005 to 2015. This would act as an aid in making analysis of the performance of organization in an effective manner. From the analysis of the above column and bar graph, it has been gained that sales of the company is increasing significantly. This is as a reason of increasing demand for the product in the Japanese market. In addition to this, profitability of the organization is fluctuating that impliesthatitisincreasinginsomeyearswhiledecreasingin others.
CONTD.. This is because of increasing expenses of the business that affects the profitability of Syngenta in the Japanese market. But in overall, it can be determined that revenues of the firm are increasing to a greater extent. Another factor is cost which is also fluctuating in all the respective years. This is due to the reason of increasing cost of material, labor and distribution etc. that affects the overall cost of production.Thistherebyresultsinimpactingtheprofitabilityof Syngenta's product that is Amistar to a greater extent. It is essential forthecorporationtokeepatrackontheexpensessoasto enhance the performance of organization to a significant level.
TREND LINE
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INTERPRETATION Trend line is regarded as an important tool in technical analysis that assists in both trend identification as well as confirmation. Trend line isthelinethatindicatesthegeneralcourseortendencyof something. It is considered as a straight line that connects two or more points and then extends into future in order to act as line of support.Theabovegraphpresentsthetrendlineanalysisof Syngenta's product that is Amistar in the Japanesemarket. It is important for the business to forecast its sales and profitability for future so that it can manage its business activities accordingly. The trend line above demonstrates the profit and sales for next five years. There is existence of two types of trends.
CONTD.. This includes upward and downward trend that act as an aid in determining the performance of corporation to a greater extent. In the present study, it has been examined that sales and profitability of the company is increasing significantly for the next five years. Thus, the organization can take appropriate decision regarding the expansionoffirmindifferentmarkets.Thiswouldresultin increasing the market share of organization through enhancement in base of customers. It is important for the business to forecast its future so that it can arrange all its resources in an effective manner. Inadditiontothis,throughexaminationofthefinancialsof business, suitable decision can be taken with respect to formulation ofbudgetaswellasinvestmentdecisions.Theaboveanalysis presents that both sales and profitability figures are reflecting an upward trend; therefore decision can be taken regarding the launch of Syngenta's product that is Amistar in the London.
CONCLUSION It can be concluded from the study that business decision making plays a crucial role in determining the best course of action that can be implemented by the organization. Further, from the analysis it has been determined that firm can plan to launch Amistar in the London. This would result in affecting the profitability as well as sales of Syngenta in a positive manner. It has been inferred from the report that there is greater need with the business to examine the return of investment proposal. This can be done with the assistance ofinvestmentappraisaltechniques.Withthis,organizationcan effectively take decisions for the future.
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