问答题(b)2Tel also requires an evaluation of the relative advantages of bidding for a licence, either through acquiring T-Me, or through bidding directly. The evaluation should analyse four specific scenarios (acquire and not gainlicence; acquire and gain licence; bid directly and gain licence; bid directly and not gain licence). The analysisof each scenario should include the financial implications of each scenario. The evaluation should conclude withyour recommendation on the preferred entry strategy.
Required:
Produce the evaluation of each scenario as required by 2Tel.
Note: Construction of a decision tree is not required and ignore the time value of money in your evaluation. (20 marks)
问答题2.YvernislargeregioninthecountryofGaulle.Itisethnicallyandculturallydistinctfromtherestofthecountryandithasaspirationsforindependence.ThedesireforthisindependenceisreflectedbyconsumersinYvernpreferringtobuyproductswhichhavebeenproducedintheregion.YvernTrinketsRegional(YTR)isamanufacturerofgiftwareproductsaimedattheYvernmarket.ItsproductsareboughtprimarilybyresidentsofYvernandvisitorstotheYvernregion.Itisthethirdlargestcompanyofitstypeintheregion,andthe50thlargestproducerofgiftwareinGaulle.Itsmarketingmessagestressestheregionalidentityofthecompanyanditsemploymentoflocalskillsandlabour.Itcurrentlymanufacturesfourproducts,designatedhereasproductsA,B,CandD.Thecompanydoesnotsub-contractoroutsourceanyelementofproductionandithasneverdoneso.DataconcerningproductsA,B,CandDaregiveninTableone.Tableone:ProductionandmarginalcostdatafortheYTRproductrangeYTRrecentlyappointedanewmanagingdirector,bornoutsidetheregion.Hehasbeentaskedwithimprovingtheprofitabilityofthecompany.Afterashortperiodofconsultation,thenewmanagingdirectorproducedaproposalfortheboard.Hereisanextractofhisproposal.Firstofall,weneedtobeclearaboutourgenericstrategy.Strategistshavesuggestedthatwehavefouralternatives.Ihavereproducedtheminthisslide(shownhereasTabletwo).CostLeadershipDifferentiationCostFocusDifferentiationFocusTabletwo:GenericstrategiesMyvisionforYTRisthatweshouldpursueacostleadershipstrategy.IhavealreadyestablishedthatourproductscanbeproducedbyanestablishedcompanyinthedistantcountryofTingliaatthefollowingprices(seeTablethree).ThesecostsincludethedeliveryofproductstoourwarehousehereinYvern.Tablethree:ContractpricesperunitfromtheexternalsupplierinTingliaOurfinancialdirectorofYTRhasalsoestimatedthatwehavecompany-widefixedoverheadsof$75,000permonth.Heassuresmethat$16,000permonthoftheseisdirectlyattributabletotheproductionofproductsA,B,CandD,evenlysplitacrossthefourproducts,eachhaving$4,000offixedoverheads.So,wecouldsaveoverheadsof$16,000permonthbyoutsourcingallofourproductstotheTingliasupplier.Irealisethatthisleavesuswith$59,000permonthfixedoverheads,butIwillbelookingforsavingstherealso.TheinformationtechnologyofYTRisoutdatedandinefficient.Productivitybenefitswillfollowfromharnessingthepowerofmoderntechnology.However,returningtomymainconcern:productioncosts.Myviewisthatincreasedprofitabilitycanonlybeachievedifwetakeadvantageofthecheaperproductioncostsnowavailabletous.AllfourproductscanbeproducedmorecheaplybythesupplierinTinglia.So,thisstrategyofoutsourcingistheoneweshouldpursuetoachieveourcostleadershipstrategy.Required:
问答题
问答题
问答题
问答题
问答题
问答题
问答题
问答题
问答题
问答题
问答题
问答题(c) Defi ne ‘environmental risk’. Distinguish between strategic and operational risks and explain why the environmental risks at JGP are strategic. (10 marks)
问答题
问答题
问答题
问答题
问答题
问答题
