Competitive and internal information Essays

Competitive and internal information Essays Competitive and internal information Essay Competitive and internal information Essay Write an essay on the typical chief beginnings of concern information generated both internally and externally for public companies. How is such information used to set up a company’s topographic point in the market? Illustrate your reply with illustrations from one or more concern sectors of your pick. INTRODUCTION Information consists of informations that have been retrieved. processed. or used for enlightening intents. statement or as a footing for prediction or determination devising. Without information. a concern can non last. A formula for a good determination is 90 per centum information and 10 per centum inspiration. Information is the accelerator of direction and the ingredient that coalesces the managerial maps of planning. runing commanding. Directors depend on information for doing determinations. Any organisation is held together by the ownership of agencies for the acquisition. usage. keeping and transmittal of information. The intent of direction system is to develop programs for accomplishing aims. to form for implementing program and to command public presentation so that programs and actions occur on agenda. The topographic point of information in executing these three footing processes is shown in the followers. MANAGEMENT PROCESS AND INFORMATION NEED 1 ) Performance against program 2 ) Environmental. Competitive and internal information concurring job and chances. Evaluation of 1 and 2 in order to Make a anticipation of estimation of Alternative classs of action Alternative beginning. Prediction of consequences for alternate Courses of action. Communicate inside informations of program and Control criterions. Performance against PK In the above figure for information demands 1 ) In the the first measure. acknowledgment of job or an chance is prompted by information from the control procedure refering a divergence from criterion or by hunt and rating of those system ( environmental. competitory. Internal ) 2 ) Definition of job. finding and rating of alternate class of action. 3 ) Once a determination is made. it is necessary to implement and command a solution. Among the above stairss. be aftering information demands of an organisation can be classified into three wide types. 1 ) Environmental 2 ) Competitive 3 ) Internal 1 ) Environmental information It can be classified as ( A ) Political and Government consideration Some information on political stableness is of import for calculating programs. ( B ) Demographic and Social trends Some information is necessary to calculate the Social Trends and consumer purchasing behaviour for both the long and short tally. ( C ) Economic Trends. Employment. Productivity and numbers other economic indexs provide valuable planning information for the houses whose end product is a map of these of import variables ( D ) Technological environment Some information is necessary to calculate the technological alterations in their industry and likely consequence on the house. ( 2 ) Competitive information. Information refering factors that affects the operation of the house within an industry includes informations refering industry and steadfast demand every bit good as the information on the rivals. The information can be classified into three types. They are ( a ) Industry Demand. Information is needed for calculating the demand for the Sale and the corresponding degree of operation of a individual house. ( B ) Firm Demand The demand for merchandises of an single house is a map of the Industry demand and the capablenesss and activities of the single house relation to the capablenesss and action of viing houses. ( degree Celsius ) Competition Data on viing houses are really of import for calculating the single demand and doing determinations and programs to accomplish the prognosis. ( 3 ) Internal information They are critical for subordinate planning at all degrees in the organisation. Internal informations are aimed at an designation of the organization’s strength and failing. . The types of internal information are ( A ) Gross saless prognosis: Some information is necessary for calculating the Gross saless. ( B ) The fiscal program It is the system that links all activities of the company together. ( C ) Policies Some information is necessary to border the footing policies for long tally purpose. Data and information come from many beginnings – both internal ( inside the concern ) and external. This alteration note summarizes the chief beginnings: Business informations and information comes from multiple beginnings. The challenge for a concern is to gaining control and usage information that is relevant and dependable. The chief beginnings are: INTERNAL INFORMATION Accounting records are a premier beginning of internal information. They detail the minutess of the concern in the yesteryear – which may be used as the footing for be aftering for the hereafter ( e. g. fixing a fiscal budget or prognosis ) . The accounting records are chiefly used to enter what happens to the fiscal resources of a concern. For illustration. how hard currency is obtained and spent ; what assets are acquired ; what net incomes or losingss are made on the activities of the concern. However. accounting records can supply much more than fiscal information. For illustration. inside informations of the merchandises manufactured and delivered from a mill can supply utile information about whether quality criterions are being met. Data analyzed from client gross revenues bills provides a profile of what and to whom merchandises are being sold. A batch of internal information is connected to accounting systems – but is non straight portion of them. For illustration: – Records of the people employed by the concern ( personal inside informations ; what they get paid ; accomplishments and experience ; preparation records ) – Data on the costs associated with concern procedures ( e. g. costings for contracts entered into by the concern ) – Data from the production section ( e. g. figure of machines ; capacity ; fix record ) – Data from activities in direct contact with the client ( e. g. analysis of calls received and missed in a call Centre ) A batch of internal information is besides provided informally. For illustration. regular meetings of staff and direction will ensue in the communicating of relevant information. SAMPLE SOURCES OF INTERNAL INFORMATION: Balance Sheet of ICICI PERIOD ENDING 31-Mar-00 Assets Current Assets Cash And Cash Equivalents 1. 479. 000 Short Term Investments – Net Receivables 194. 000 Inventory – Other Current Assets – Total Current Assets – Long Term Investments 1. 185. 000 Property Plant and Equipment 48. 000 Goodwill – Intangible Assets – Accumulated Amortization – Other Assets 81. 000 Deferred Long Term Asset Charges – Total Assets 2. 987. 000 Liabilities Current Liabilities Accounts Payable – Short/Current Long Term Debt – Other Current Liabilities 2. 454. 000 Entire Current Liabilities – Long Term Debt 57. 000 Other Liabilitiess 215. 000 Deferred Long Term Liability Charges – Minority Interest – Negative Goodwill – Total Liabilities 2. 726. 000 Stockholders’ Equity Misc Stocks Options Warrants – Redeemable Preferred Stock – Preferred Stock – Common Stock 45. 000 Retained Net incomes 44. 000 Treasury Stock – Capital Surplus 171. 000 Other Stockholder Equity 1. 000 Entire Stockholder Equity 261. 000 Net Tangible Assets $ 261. 000 Beginning: Yokel Finance Stock motion of I-Flex solutions Series Date Prev Close Open Price High Price Low Price Last Price Close Price Total Traded Quantity Turnover in Lacs EQ 03-Mar-2008 1. 078. 95 1. 037. 00 1. 080. 00 1. 020. 00 1. 029. 90 1. 042. 55 17954 190. 31 EQ 04-Mar-2008 1. 042. 55 1. 020. 00 1. 075. 00 1. 017. 00 1. 047. 65 1. 048. 25 36723 382. 44 EQ 05-Mar-2008 1. 048. 25 1. 070. 00 1. 070. 00 1. 030. 15 1. 045. 00 1. 039. 20 22219 231. 63 EQ 07-Mar-2008 1. 039. 20 1. 021. 00 1. 032. 00 983. 00 1. 004. 95 1. 001. 50 22103 220. 45 EQ 10-Mar-2008 1. 001. 50 955. 00 1. 040. 00 946. 40 1. 005. 00 1. 015. 50 19099 192. 55 EQ 11-Mar-2008 1. 015. 50 992. 50 1. 065. 00 992. 50 1. 045. 00 1. 054. 65 21805 226. 22 EQ 12-Mar-2008 1. 054. 65 1. 100. 00 1. 100. 00 1. 000. 00 1. 004. 00 1. 007. 45 13398 139. 14 EQ 13-Mar-2008 1. 007. 45 987. 05 1. 010. 00 952. 00 954. 00 959. 10 15931 155. 65 EQ 14-Mar-2008 959. 10 962. 00 992. 00 920. 00 990. 00 983. 15 21685 210. 01 EQ 17-Mar-2008 983. 15 925. 00 970. 00 925. 00 965. 00 942. 95 12307 116. 99 EQ 18-Mar-2008 942. 95 931. 00 958. 50 925. 10 927. 00 936. 50 21230 200. 13 EQ 19-Mar-2008 936. 50 970. 00 978. 00 922. 00 925. 00 925. 55 21245 199. 40 EQ 24-Mar-2008 925. 55 948. 00 950. 00 895. 00 905. 00 908. 25 21626 197. 55 EQ 25-Mar-2008 908. 25 913. 50 1. 008. 00 913. 50 990. 10 992. 55 58576 571. 10 EQ 26-Mar-2008 992. 55 988. 90 1. 027. 00 974. 00 974. 00 986. 85 33402 335. 28 EQ 27-Mar-2008 986. 85 975. 00 1. 003. 00 935. 00 951. 05 947. 10 118566 1. 140. 60 EQ 28-Mar-2008 947. 10 970. 00 994. 00 956. 00 976. 00 984. 40 21658 210. 89 EQ 31-Mar-2008 984. 40 970. 25 985. 00 935. 00 948. 20 941. 10 39622 376. 60 Beginning: NSEINDIA EXTERNAL INFORMATION As the term implies. this is information that is obtained from outside the concern. There are several classs of external information: – Information associating to manner a concern should set about its activities E. g. concerns need to maintain records so that they can roll up revenue enhancements on behalf of the authorities. So a concern needs to obtain regular information about the revenue enhancement system ( e. g. PAYE. VAT. Corporation Tax ) and what actions it needs to take. Increasingly this sort of information ( and the return forms a concern needs to direct ) is provided in digital format. Similarly. a concern needs to be cognizant of cardinal legal countries ( e. g. environmental statute law ; wellness A ; safety ordinance ; employment jurisprudence ) . There is a whole publication industry devoted to selling this sort of information to concerns. – Information about the markets in which a concern operates This sort of external information is critically of import to a concern. It is frequently referred to as market or competitive intelligence . Most of the external information that a concern demands can be obtained from marketing research. Marketing research can assist a concern do one or more of the followers: 1. Derive a more elaborate apprehension of consumers’ demands – marketing research can assist houses to detect consumers’ sentiments on a immense scope of issues. e. g. . positions on products’ monetary values. packaging. recent advertisement runs 2. Reduce the hazard of product/business failure – there is no warrant that any new thought will be a commercial success. but accurate and up-to-date information on the market can assist a concern brand informed determinations. hopefully taking to merchandises that consumers want in sufficient Numberss to accomplish commercial success. 3. Forecast future tendencies – marketing research can non merely supply information sing the current province of the market but it can besides be used to expect client demands future client demands. Firms can so do the necessary accommodations to their merchandise portfolios and degrees of end product in order to stay successful. The information for marketing research tends to come from three chief beginnings: Internal Company Information – e. g. gross revenues. orders. client profiles. stocks. client service studies Marketing intelligence – this is a catch-all term to include all the mundane information about developments in the market that helps a concern prepare and set its selling programs. It can be obtained from many beginnings. including providers. clients and distributers. It is besides possible to purchase intelligence information from outside providers ( e. g. Mintel. Dun and Bradstreet ) who will bring forth commercial intelligence studies that can be sold productively to any interested organisation. Market Research – bing informations from internal beginnings may non supply sufficient item. Similarly. published studies from market intelligence organisations can non ever be relied upon to supply the up-to-date. relevant information required. In these fortunes. a concern may necessitate to committee specific surveies in order to get the information required to back up their selling scheme. – hypertext transfer protocol: //tutor2u. net/business/ict/intro_information_sources. htm SOURCES OF BUSINESS INFORMATION Details of following types of organisations are required to be maintained by NCTI for steering entrepreneurs/exporters to near to the right organisation for acquiring the desired information. aid and aid. Foreign Embassies/High Commissions/Consulate in India Indian Missions/Consulate abroad Chambers of Commerce A ; Industry Trade Promotion /Import Promotion Organizations Export Inspection Agencies Export Processing Zones in India and Abroad Details of these organisations are readily available with NCTI. – hypertext transfer protocol: //archives. nic. in/ncti/ncti8. htm SAMPLE SOURCES OF EXTERNAL INFORMATION: AMR Research Releases ERP Market Report Showing Overall Market Growth of 14 % in 2004. Tuesday. June 14. 2005. Kevin Reilly As Market Consolidation Continues. Top 5 ERP Vendors Account for 72 % of Gross Today. AMR Research released its one-year study on the province of the Enterprise Resource Planning ( ERP ) market. The Market Analytix Report: Enterprise Resource Planning. 2004-2009 revealed that ERP market grosss increased 14 % in 2004. The study indicates that about tierce of the growing in the overall market was due to fluctuations in currency exchange rates. While the ERP market has grown in gross. consolidation continues to alter the industry. In 1999. the top five sellers ( J. D. Edwards. Baan. Oracle. PeopleSoft. and SAP ) in the ERP market accounted for 59 % of the industry’s gross. AMR Research expects the top five sellers in 2005 ( SAP. Oracle. Sage Group. Microsoft. and SSA Global ) to account for 72 % of ERP vendors’ entire gross. The ERP market showed solid organic growing in 2004 as IT disbursement improved. says Jim Shepherd. frailty president of research at AMR Research. The market was besides affected by consolidation within the section. every bit good as ERP sellers geting best-of-breed participants to broaden their portfolios. While many ERP sellers struggled in 2004. SAP AG increased overall grosss by 17 % and licence grosss by 20 % – without any acquisitions. SAP’s ERP market portion increased to more than 40 % . Oracle about doubled the size of its application concern through the acquisition of PeopleSoft. but AMR Research expects SAP to complete 2005 with more than twice the gross and market portion of the combined Oracle-PeopleSoft. Report Findings and Analysis The study delivers gross and growing rates for the top ERP participants every bit good as growing prognosiss through 2009. ERP sellers ranked by 2004 ERP licence gross can be seen in the chart below. The top 10 ERP sellers by gross include the undermentioned companies: The study revealed several tendencies that affected the ERP market in 2004. including: The ERP market is come ining another major engineering passage stage. Service Oriented Architectures ( SOA ) may hold the same riotous consequence that other engineerings have had on the market. such as the outgrowth of client-server systems had in the 1990’s. The gait of acquisitions shows no mark of decelerating down. Oracle’s purchase of Retek and sellers like Sage Group. SSA Global. Infor Global Solutions. and Epicor have all been really active in the M A ; A infinite and have grown more quickly than the overall ERP market. The midrange ( $ 50M – $ 1B in one-year gross ) and SMB ( less than $ 50M in one-year gross ) markets continue to be a major focal point country for many of the ERP sellers. Midrange solutions and channels are critically of import for perforating China. India. Eastern Europe. and Latin America. ERP purchasers have moved off from big. upfront purchases. Now most tend to licence user seats and functional ERP faculties incrementally as they deploy a merchandise. Along with widespread discounting. this has led to smaller mean trade sizes. BANK’S REPORT BY FDIC Dollar Sums in Billions Fourth One-fourth 2007 All Insured Institutions Commercial Banks Savings Institutions Credit Card Lenders Mortgage Lenders Number of FDIC-Insured 8. 533 7. 282 1. 251 27 786 Number of FDIC-Supervised 5. 197 4. 772 425 10 317 Entire Assets $ 13. 039 11. 176 1. 863 479 1. 334 Entire Loans $ 7. 906 6. 626 1. 280 369 944 Domestic Deposits $ 6. 912 5. 807 1. 105 142 737 Net Income ( QTR ) $ 5. 816 10. 540 -4. 724 3. 027 -3. 230 Percent Profitable ( QTR ) % 82. 3 83. 2 77. 0 88. 9 79. 1 Average Return on Assets ( QTR ) % 0. 18 0. 38 -1. 00 2. 61 -0. 94 Average Return on Equity ( QTR ) % 1. 74 3. 76 -8. 70 11. 96 -10. 51 Net Interest Margin ( QTR ) % 3. 30 3. 38 2. 86 8. 97 2. 52 Equity to Assets % 10. 37 10. 24 11. 17 21. 26 8. 61 Noncurrent Loan Rate – Total Loans * % 1. 39 1. 30 1. 86 2. 00 1. 87 Real Estate Loans % 1. 71 1. 62 2. 01 1. 81 1. 94 C A ; I Loans % 0. 66 0. 64 0. 92 2. 21 0. 88 Consumer Loans % 1. 43 1. 48 0. 98 2. 10 0. 96 Coverage Ratio ** % 92. 54 102. 84 55. 35 207. 47 45. 74 Net Charge-Off Rate – All Loans ( QTR ) % 0. 83 0. 86 0. 68 4. 23 0. 66 Real Estate Loans ( QTR ) % 0. 44 0. 43 0. 49 2. 61 0. 54 C A ; I Loans ( QTR ) % 0. 87 0. 85 1. 24 5. 13 1. 35 Consumer Loans ( QTR ) % 2. 75 2. 77 2. 54 4. 39 3. 16 Beginning: hypertext transfer protocol: //www. fdic. gov/bank/statistical/stats/2007dec/industry. hypertext markup language REFERENCES? James O’ Brien. Management Information system. Tata Mcgraw Hill. 2007. Pg. 245-267. ? AMR Research Releases ERP Market Report Showing Overall Market Growth of 14 % in 2004. Tuesday. June 14. 2005 Kevin Reilly? Yahoo Finance? World Wide Web. nseindia. com? hypertext transfer protocol: //archives. nic. in/ncti/ncti8. htm? hypertext transfer protocol: //tutor2u. net/business/ict/intro_information_sources. htm hypertext transfer protocol: //www. fdic. gov/bank/statistical/stats/2007dec/industry. hypertext markup language