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Financial Analysis - Assignment

   

Added on  2021-04-17

12 Pages3092 Words48 Views
Running head: FINANCIAL ANALYSISFinancial AnalysisName of the Student: Name of the University: Author’s Note:

1FINANCIAL ANALYSISTable of ContentsIntroduction......................................................................................................................................2Success Factors and Risks: Priorities..............................................................................................2Key success factors: non-financial factors......................................................................................3Success factors and risks: Risks......................................................................................................4Likely Performance.........................................................................................................................5Consolidated financial performance................................................................................................6Modifications...................................................................................................................................7Discussion........................................................................................................................................8Reference List..................................................................................................................................9

2FINANCIAL ANALYSISIntroduction Macy’s Retail Store is a departmental store which is a part of Macy’s Inc. This is adepartmental store located in the United States of America and various other nations and mainlyconcentrates in products like jewellery, clothing, beauty product, household products, footwearand furniture. The retail store like the other organizations have been operating in an effectivemanner and therefore have constructed plans and policies with the help of which the companycan mitigate their risks and create competitive edge (Anon www.macysinc.com/about-us/ 2018)This paper would therefore look to assess the key success factors and the risks that are related tothe organization with the help of which the priorities in relation to the success factor and riskscan be known. The success factors that are in relation to the non-financial factors and theassociated risks will be known and the projections in relation to the likely performance will beknown(). The projections of the worst and best scenario will be known and a discussion of thefuture projections will be known. Success Factors and Risks: Priorities There are several processes and methods that are related to the operational activities ofMacy’s retail store and this section of the paper has the intention of explaining the priorities thatare associated with the departmental store. One of the biggest priorities that is faced by the retailstore is the development of the online sales for the retail store The retail store has currentlyestablished the online shopping process and therefore the organization has been looking to planstrategies and policies with the help of which the organization is able to increase their onlinesales. The key success factor for the company in accordance to the online sales and shopping hasbeen the attractive discounts and the plans that have been constructed with the help of which theretail store is able to raise their level of sales (Dewachter et al., 2015). The other priority that is

3FINANCIAL ANALYSISassociated with the retail store is the maintenance of the customer base and thereby make plansto increase the level of customers for the retail store (Chu et al., 2017). There are several plansand strategies that are related to the increase in the extent of customer base but Macy’s RetailStore store has kept their prices lower than the market in order to attain sales maximisation andthereby increase and maintain their customer base (Erdogan et al., 2015) The other priority of thecompany has been to maintain cordial relationship with their suppliers with the help of whichthey can gain products and services from their suppliers with ease without any sort of issues andproblems. These have been the key success factors related to the priority of the company with thehelp of which the organization can attain their desired goals and objectives (Colclough, S., &Griffiths 2016). Key success factors: non-financial factorsThere are several non-financial factors that are related to the company and it is essentialto have an understanding of these factors with the help of which an idea can be attained withrespect to which the competitive edge and the profit of the company is attainable. The retail storewith their plans and policies looks to stay in line with the current legislations (Rigamonti et al.,2015). However, the company looks to anticipate the future frameworks and regulations thatwould be implemented by the government. The projections and the anticipations of the companywith regards to the strategies and the operational plan that would be incorporated is based on thefuture regulations and the policies that would be constructed by Macy’s retail store. The company looks to enhance and improve the morale of the employees with the help ofvarious rewards and recognition programs with the help of which the employees would getmotivated and thereby the retention of the employees and the recruitment of new employeeswould increase. Macy’s retail store looks to maintain the industrial benchmark and the standards

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