Case Study: Global Hardwood Company.

Case Study: Global Hardwood Company. Essay example
Masters
Essay
Finance & Accounting
Pages 9 (2259 words)
Download 0
Global Hardwood Company (GHC) is an international company that operates in more than one country.The company began as a single-family business but it expanded and became a public limited establishment. The GHC is headquartered in an attractive marketplace within the town of the English Midlands…

Introduction

The GHC is a UK based conglomerate industry, which supplies a variety of decorative hardwoods from countries across the globe. It deals with a variety of imported hardwoods and unfinished state, mainly in the form of trimmed trees. The hardwoods are then processed into finished products, which are used for construction purposes and manufacturing of furniture. The GHC owns 100 percent of the RFC (Real Furniture Company); thus, FFC imports a wide range of hardwood and cane furniture, which are processed in overseas locations. FRC is a diversification of the GHC business that imports a range of hardwood and cane furniture from diverse countries within these regions. These varieties of furniture produced are mainly meant for domestic use. However, many customers of the company products are based in the countries such as the United Kingdom, North America, Australia, Middle East and parts of Europe.The company products are of high quality and are priced accordingly; hence enabling the company to increase their revenues. The financial aspects of GHC have been developed by the chief accountant of the company, who has been working in the company for more than 30 years. The chief an accountant has vast experience; hence, he has enabled the company to increase its revenues. ...
Download paper
Not exactly what you need?

Related papers

Finance and Accounting Essay: Case Study: Manchester Meerkat Company
In this case, a budget is a financial preparation that covers a specific period of business operations (Berry et. al. 2006). The budget usually shows different expectations of expenditure and revenues of a business. Under normal circumstances, a large organization creates departmental budgets while small organizations create a single budget for the whole firm. The comparison between the budget…
The UK hardwood industry and Global Furniture Corporation
In the year 2010, the companies in UK had imported 5.7 million cubic meters of sawnwood and had produced only 3.1 million cubic meters of sawnwood (Forestry Commission, 2011). Global Furniture Corporation (GFC) which is a 200 year old company is situated in UK and still remains one of the leading hardwood processing companies of the country. The longevity of the company determines the company’s…
Response To Memo From K. Abbott-Gill, The Cfo Of Antipodes Mineral Resources Company
The core business in a mineral company is; mining and therefore most investments in such entities revolve around this central activity. The following are the areas I would expect AMR to make their investments: …
Global Company Environment & Strategy
Soon, true to its mission and vision, IKEA opened its first oversea store in Norway, followed by many other stores and distribution centres in many parts of Europe and the United States. Thus in 1990 onwards, IKEA embarked on a global operations strategy and put up more stores in UAE, China and other parts of Asia, Australia and even Russia. Today, IKEA pioneered the global market and successfully…
Company Analysis - Ipremier Case Study
Turley is in a hotel room during the attack, it takes him time to coordinate a team to handle the crisis. The worst is that the team or the employees of the institution do not have proper knowledge of the technical operations of the system or the website hence they have to move all the way to the provider who cannot be reached over the phone at the time. The customers are at stake since their…
Case study
o 600,000 sterling pounds, adding this amount to the working capital of 180,000 pounds amounts to an initial cost of 780,000 pounds. The overheads have been adjusted from the previous 47,000 pounds to 30,000 pounds in a year. Question One b i) Pay back Year Cash flow ? (?000) Cum. CF ? (?000) 0 (600) (600) 1 147,000 (453) 2 157,000 (296) 3 157,000 (139) 4 187,000 48 5 187,000 23 3 years and (139/…
Chapter3: Methodology of IMPACT OF MERGERS AND ACQUISITION ON FIRMS: A CASE STUDY OF PTT GLOBAL CHEMICAL COMPANY.
Newagepublishers (2013) defined research as “systematized effort to gain new knowledge”. Hence, it is evident that the methodology adopted for a project plays an indispensible role in the success of the project. In addition, the research methodology of a study is also crucial towards the way the research objectives are addressed. The research methodology of a study is defined as the procedures…