Factors Affecting Business Performance: Case Study of Dick Smith and Coles

Business
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INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
CONCLUSION................................................................................................................................8
REFERENCES................................................................................................................................9
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INTRODUCTION
Business term refer to provide the customers with decent services in order to earn money.
The decent company is only founded when the owner's aim is to "encourage people by giving
them the highest quality commodity" and get people to think, fulfil their selling demand. In order
to improve their productivity or performance they need to analyse factors otherwise it will
become the failure of business (Brennan, Canning and McDowell, 2020). In this report, two
different types of businesses selected such as who currently operated and another one which is
closed down. Dick Smith was a chain of retail stores which sold electronic items, equipment,
project kits, components etc. Another Australian organization which currently working in the
market and they offer food and groceries items through its retail chain. Both organizations are
Australian based company one is currently operated anther one was closed down. This
assessment covers the several dimensions such as risk factors, sales performance, penetration,
tax structure and financial methods.
MAIN BODY
Overview of organizations:
Dick Smith Holdings Limited is Australian based Electronics company and it is an
Australian retail chain which selling consumer products, hobby products and electronic project
packages. The chain eventually spread to New Zealand and to many other nations, unfortunately.
The business was established by Dick Smith in Sydney in 1968 and operated by him and his wife
until 1980; they sold 60 percent shares to Woolworths Limited and the other 40 percent two
years later. Four years on from its purchase by Anchorage Capital Partners, the company shut
down in 2016.
Coles Group Limited is an Australian public enterprise which operates multiple
supermarket chains. Its main operations concentrate on selling goods and food through its main
retail chain Coles and selling liquor and fuel through its Coles Liquor and Coles Express outlets.
Coles has developed to be Canada's second-largest retailer since its establishment in
Collingwood, Victoria, in 1914, behind its principal competitor Woolworths in terms of
revenues.
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