Accounting and Finance for Managers

Accounting and Finance for Managers
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Table of Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY...................................................................................................................................3
Section A.....................................................................................................................................3
1a. Determine the goals and objectives of all three companies..................................................3
1b Performance analysis of the three companies........................................................................4
Section B.....................................................................................................................................7
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10
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INTRODUCTION
The report has covered three distinct companies which are as follow Green core group
plc, Hilton food group plc and Premier food plc (Davies and Crawford, 2011). All these
companies are belonging to food and beverage industry and they all have separate goals and
objectives to be accomplished in certain time duration. The report has been completed in two
parts where first part is based on the detailed analyses of goals and objectives of all companies.
Moreover the financial performance of these companies are been analysed and evaluated in
comprehensive way with the help of ratio analyses. In the second part of the report the different
type of sources related to finance are described which are used for financial assistance.
MAIN BODY
Section A
Question 1
1a. Determine the goals and objectives of all three companies
Green core group plc- This company is popularly known as the producer of ready
meals. They provide its ready food to various popular supermarkets and other clients dealing in
fast food in UK (Anandarajan, Anandarajan and Srinivasan, 2012).
Strategic objectives- In context of Green core group plc there main objective is to accomplish
corporate goals and what steps they should take with the motive to achieve its purpose. Strategic
goals are defined as success goals which are typical in nature which are used when the company
is planning to introduce new product or what to increase in sales and revenue in the marketplace.
Green core group plc's objectives are as follow-
In this growing food market the strategy used by company to improve and enhance its
demand in marketplace are to attract large number of potential customers. The business plan of
the company is to rebuild its connection with its customers by identifying the spending capacity
of the customers along with increasing its value for portfolios and to increase its number of
potential customers. The process to achieve its business aim is dependent on four key aspects
which are food, its quality, the target audience, Green core honesty and business sustainable. The
execution of the business plan of the company involves in depth knowledge and understanding of
the set goals and according to the finance budget set by the company to carry business operations
in effective and efficient manner.
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Hilton food group plc- In context of Hilton the focus of the company is to set plans for
long period of time with the motive to gain competitive advantage and to enhance its value. The
brand image of the company is one of the strong point as it influence and attract large number of
customers. The company has able to cover the marketplace with its multinational range of
products as it has strong alliances in market (Power, 2012). The main focus of the company is to
establish strong relation with its corporate partners with the motive to reduce the number of
rivals in marketplace. Hilton is more focusing on doing thinks in the desirable manner that is by
designing and engaging customers and to make work succeed. The principles desired by the
company make them think and feel like an entity and there behaviour as individuals. The staff on
the bases of the common principles and the set business strategies act as supporting partners
alliance.
Premier food plc- The main purpose of the company is to offer the great and quality
food to its potential customers and business clients. The food provided to customers contain
nutritious substance which are good for health and are easy to cook as in this current scenario
people prefer healthy and easy to cook food. This is one of the main reason that company has
covered more than 90% area of the marketplace in British that is households prefer this brand
more than any other brand. They are also helping other firms to grow by promoting their
business and its main purpose is to show that how business collaborators in food industry able to
do well and achieve success in this changing and growing business world. Furthermore the
business unit is focusing on building various operational sites which provided desire results are
genuine (Brown, Beekes and Verhoeven, 2011). The mutual principles set by the business are
helping workers within the organisation to collectively choose process and also motivates them
to carry their work or assigned task in the effective and efficient manner. From the last three year
progress report of the organisation it has been identified that it has able to increase its profit and
revenue in the marketplace by adopting the principles set by the company and able to established
effective communication among work force as the changes of mistake and conflicts are reduced.
1b Performance analysis of the three companies
Green core group plc
GREENCORE GROUP
PLC 3/28/2020 3/30/2019 3/31/2018
ROE using Net income 34.66 4.55 1.72
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