StudentShare solutions
Triangle menu

International competition and risk management of Ultra Electronics Holdings - Essay Example

Nobody downloaded yet

Extract of sample
International competition and risk management of Ultra Electronics Holdings

To a large extent therefore, a company that wants to compete effectively must be in a position to identify what customer needs are, how other competitors are meeting up with these needs, and devising strategies to counteract the provisions being made by their competitors. This way, we say a competitive advantage has been created (David & Desheng, 2008). But what is more interesting is the fact that as companies try to create competitive urge over their competitors, a not too pleasant situation with risk sets in, creating the need to management the risks alongside the creation of competitive advantage. In this paper therefore, how Debenhams Plc undertakes international competition and manage risk are critically discussed. Company description Listed on the London Stock Exchange and a member of the FTSE 250 Index, the eighteenth century founded Debenhams plc now has over 172 locations across the UK, Denmark and Ireland (Fredriksson and Patrik, 2009). The company operates mainly as a retail chain with a departmental store outlook in the United Kingdom. There are also a number of area monopoly stores in other countries, making Debenhams a trading international company faced with the task and need to engage in international competition. Stores in UK, Ireland and Denmark serve as the major market segments for the company. Some of its international franchise however includes 68 stores that are operated under license in as any as 25 countries. This means that for each of the countries, the company establishes its market presence firmly there by having 2 to 3 operating stores (Biasi, 2011). in the next 5 years, the company has plans of increasing its international franchise stores to 150 so that it can be a more vibrant competitor and have an increased market share as it currently lags behind some key competitors whose major competitive advantage is in their market visibility (Chapman, 1996). Debenhams plc is mainly engaged in the departmental stores industry, trading in products such as shoes, accessories, fashion clothing, cosmetics, electrical, gifts, home furniture, electronics, and toys. With an employee strength of 29,000 as of the close of 2012, the managed to raise revenue of ?2,229.8 million in the same year period, out of which ?125.3 million was their net income with operating income of ?158.3 million (Biasi, 2011). Latest market reports indicated an average of 0.45% growth rate over the last 6 months, but not being strong enough to equal market share growth rate for the same period last year (Davis, Eppen and Mattsson, 2004). For example, as of November 2013, the company’s price in GBX was 93.40 with 1.72m shares traded representing a beta of 1.5. This value is however a declining growth for the company as the share traded in 1 year represents a change of as many as 20.10%. As a departmental store, the company is not directly involved in manufacturing but in retailing. To this end, it does not deal with suppliers who are directly into raw materials but engages in outsourcing of finished products in the areas of products that it trades in as has been stated above. Financial Performance Profitability Performance Financially, the performance of the company over the past five years can be said to have been a mixed one. This is because there has often been rises in revenue and growth at some point in time, and at other times, falls in revenue and g ...Show more
Cite this document
  • APA
  • MLA
  • CHICAGO
(“International competition and risk management of Ultra Electronics Essay”, n.d.)
Retrieved from https://studentshare.net/finance-accounting/110423-international-competition-and-risk-management-of
(International Competition and Risk Management of Ultra Electronics Essay)
https://studentshare.net/finance-accounting/110423-international-competition-and-risk-management-of.
“International Competition and Risk Management of Ultra Electronics Essay”, n.d. https://studentshare.net/finance-accounting/110423-international-competition-and-risk-management-of.
  • Cited: 0 times

Summary

NAME: SUBJECT: TOPIC: INTERNATIONAL COMPETITION AND RISK MANAGEMENT OF DEBENHAMS PLC DATE: LECTURER: INTERNATIONAL COMPETITION AND RISK MANAGEMENT OF DEBENHAMS PLC Introduction The need for international competition among various multinational companies of which Debenhams Plc is one is fast becoming a necessary evil that cannot be done away with…
International competition and risk management of Ultra Electronics Holdings
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"International competition and risk management of Ultra Electronics Holdings"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Competition and business risk
The industry during the initial 10 years has well established itself and its market has grown tremendously. The industry has been enhancing its footwear with new styles and performance features. It modifies the product styles with the public demand or its own strategic decisions.
8 pages (2000 words) Essay
Strategic Management: ARM Holdings
It employs over 2000 people and has offices around the globe including state of the art design centers based in the U.S., France, India, Sweden and Taiwan. It follows a unique business model (Figure 1) whereby it licenses IP to a wide network of partners, comprising of firms which are pioneers in the supplying of semiconductors and systems (ARM Holdings, 2012a).
8 pages (2000 words) Essay
Strategic Management - McInerney Holdings
The company established an office in Gort, County Galway, in the early 1940s, where it is involved in building housing, schools etc. The company was incorporated as Thomas McInerney & Sons, in 1949. And subsequently in 1971 the company went public, with the largest ever-public issue of that time in Ireland and got an encouraging response from the public as well.
4 pages (1000 words) Essay
International Human Resource Management - International competition
However, as globalisation is being strengthened, the phenomenon of the booming of multinational corporations too is becoming more apparent. At this juncture, the issue of international compensation emerges. The international compensation is essentially varied due to a number of reasons.
8 pages (2000 words) Essay
Risk Management - International Trade
In such a time, any country wishing to formulate trade links within the domains on another country has to make a very thorough analysis. A market evaluation becomes imperative in order to ascertain the best course of actions for both countries in general, and the investor in specific.
12 pages (3000 words) Essay
International Risk Management
As of July 2010, the company managed to create more than 500 million active users worldwide (Zuckerberg, 2010). As part of determining whether or not Facebook will survive 10 years
10 pages (2500 words) Essay
International risk management
tional corporations -- those corporations which operate in more than one country or nation at a time - have become some of the most powerful economic and political entities in the world today” (Transnational Corporations 2003). “All trading systems should be aligned with the
5 pages (1250 words) Essay
International competition and risk management of Ultra Electronics Holdings
have become highly knowledgeable of the product and services they receive from service providers, making them highly critical of the selection of companies to work with (Candice, 2010). To a large extent therefore, a company that wants to compete effectively must be in a
10 pages (2500 words) Essay
Competition and business risk
There are employees I worked with for all the fourteen years while others came and left. A lot of input came from the team members in the process of overseeing the company rise to the greater heights it is enjoying today. Company H runs business in the competitive
9 pages (2250 words) Essay
Risk Management in Brewin Dolphin Holdings plc
According to the paper BDHP’s main business activity is investment management.  BDHPs main aim is to assist its clients to earn the most from their money. BDHP is in the business since 1762 and is having a client base of in excess of 100,000 members, and it is renowned for its trustworthy and stable advising function. 
12 pages (3000 words) Essay
Comments (0)
Click to create a comment
Let us find you another Essay on topic International competition and risk management of Ultra Electronics Holdings for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us