Question

In: Accounting

Number of words required: 950 Resources: Pull the financial statements of 3 companies in the industry...

Number of words required: 950

Resources: Pull the financial statements of 3 companies in the industry that you are interested in entering. Try to find companies that are pursuing different strategies.

· Examine Purina's business models and see if you can identify the drivers that they are influencing to achieve their strategy.

· Explain what you learned about Purina's revenue model, cost model, product mix, distribution channels, partners, target customers, and value proposition.

· Examine Blue's business models and see if you can identify the drivers that they are in?uencing to achieve their strategy.

· Explain what you learned about Blue's revenue model, cost model, product mix, distribution channels, partners, target customers, and value proposition.

· Explain what useful new elements you can incorporate into your business model.

· Discuss how these elements tie to your strategy.

Note: The companies mentioned above are dog's food.

Solutions

Expert Solution

1. Purina's Business Models : Their efficient operations are safeguarding water, waging war on waste,reducing energy use (solar), recycling of their containers, high quality check to avoid losses,best place to work as recognized by St. Louis Business Journal. Revenue & cost model :suppliers of pet food & pet supplies, monetary contributions to pet related charities & other organizations. Distribution channels are mainly in U.S. & so are customers all world wide. Value Propsition is the quality of their food.

2.Blue's Business Model : Their efficient models are only use best sources of fats, high quality oriented, products made with finest natural ingredients, a big NO to corn wheat or soy, artificial flavours in food in an attempt to make it look or taste better. Revenue & Cost Models: billion dollar brand with sales at retail levels. The best natutal food is prepared and a great competitor in industry.Distribution Channels in whole U.S & world wide customers. Value Proposition is all foods are naturally made up i.e no artificial flavours added.

The 3 companies that should be entered :

1. Well Pets

2. Big Heart Pet Brands

3. Diamond Pet foods

In all three companies after analysing, the advertisements costs of their respective products need to be increased.


Related Solutions

which of the following financial statements are required for companies adhering to IFRS but not ASPE...
which of the following financial statements are required for companies adhering to IFRS but not ASPE (private entity GAAP)? a. Statement of Cash Flows b. Statement of Retained Earnings c. Statement of Comprehensive income d. Statement of Financial position
Public companies are required to publish annual financial statements. Suggest the major benefits of companies making...
Public companies are required to publish annual financial statements. Suggest the major benefits of companies making financial statement information available to employees. As an employee, discuss what financial information would be of value to you. Provide at least two (2) specific examples of why the information is important. Briefly explain generally accepted accounting principles (GAAP), and describe why it is important that public companies follow GAAP when preparing financial statements. Also, give your opinion on whether private companies should be...
In addition to preparing financial statements in accordance with GAAP, U.S. companies may be required, in...
In addition to preparing financial statements in accordance with GAAP, U.S. companies may be required, in the near future, to prepare financial statements according to International Financial Reporting Standards (IFRS). If the United States adopted IFRS standards, what would be the advantages and disadvantages? Does it make sense for U.S. companies to change to IFRS? How would IFRS impact a comparative analysis of an organization's financial statements?
Choose two companies in the same industry whose financial statements are available online. Complete several financial...
Choose two companies in the same industry whose financial statements are available online. Complete several financial ratios for each company and compare them. What did your analysis tell you about these companies? What sorts of decisions would this analysis help you make; such as buying stocks, considering accepting an employment offer, etc.?
Choose two companies in the same industry whose financial statements are available online. Complete several financial...
Choose two companies in the same industry whose financial statements are available online. Complete several financial ratios for each company and compare them. What did your analysis tell you about these companies? What sorts of decisions would this analysis help you make; such as buying stocks, considering accepting an employment offer, etc.?
Summary information from the financial statements of two companies competing in the same industry follows.   ...
Summary information from the financial statements of two companies competing in the same industry follows.    Barco Company Kyan Company Barco Company Kyan Company Data from the current year-end balance sheets Data from the current year’s income statement Assets Sales $ 770,000 $ 880,200 Cash $ 19,500 $ 34,000 Cost of goods sold 585,100 632,500 Accounts receivable, net 46,500 64,600 Interest expense 7,900 13,000 Merchandise inventory 84,440 132,500 Income tax expense 14,800 24,300 Prepaid expenses 5,000 6,950 Net income 162,200...
Show examples of two companies in the same industry whose financial statements are available online. Complete...
Show examples of two companies in the same industry whose financial statements are available online. Complete several financial ratios for each company and compare them. What did your analysis tell you about these companies? What sorts of decisions would this analysis help you make; such as buying stocks, considering accepting an employment offer,etc.?
Summary information from the financial statements of two companies competing in the same industry follows. Barco...
Summary information from the financial statements of two companies competing in the same industry follows. Barco Company Kyan Company Barco Company Kyan Company Data from the current year-end balance sheets Data from the current year’s income statement Assets Sales $ 810,000 $ 923,200 Cash $ 20,000 $ 35,000 Cost of goods sold 589,100 636,500 Accounts receivable, net 35,400 51,400 Interest expense 9,300 11,000 Current notes receivable (trade) 9,000 8,400 Income tax expense 15,569 25,487 Merchandise inventory 84,940 140,500 Net income...
Summary information from the financial statements of two companies competing in the same industry follows. Barco...
Summary information from the financial statements of two companies competing in the same industry follows. Barco Company Kyan Company Barco Company Kyan Company Data from the current year-end balance sheets Data from the current year’s income statement Assets Sales $ 790,000 $ 927,200 Cash $ 18,500 $ 37,000 Cost of goods sold 588,100 642,500 Accounts receivable, net 36,400 59,400 Interest expense 8,200 16,000 Current notes receivable (trade) 10,000 7,800 Income tax expense 15,185 25,597 Merchandise inventory 84,340 140,500 Net income...
Summary information from the financial statements of two companies competing in the same industry follows. Barco...
Summary information from the financial statements of two companies competing in the same industry follows. Barco Company Kyan Company Barco Company Kyan Company Data from the current year-end balance sheets Data from the current year’s income statement Assets Sales $ 800,000 $ 926,200 Cash $ 18,500 $ 34,000 Cost of goods sold 594,100 642,500 Accounts receivable, net 39,400 53,400 Interest expense 8,400 15,000 Current notes receivable (trade) 9,700 7,400 Income tax expense 15,377 25,570 Merchandise inventory 84,540 134,500 Net income...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT