HMV music retailer Essay Example | Topics and Well Written Essays - 1750 words

HMV music retailer - Essay Example The retailer must have had several issues that were affecting its performance in the market, which led to the distraught performance. First, there is a need to analyse the politics that govern the retailer (Boddy, 2008:21). The politics of the administration affected the running of the retailer in a number of ways. For example, after entering into administration, there was change in the way the business was being conducted. Since new administration comes in with different performance strategies, these strategies failed. Similarly, the political environment of the new administration was not conducive for business. It brought loss of interests as most of the workers and employees were not contented, which brought dire consequences to the retailer.The retailer’s economic position was adversely affected with introduction of administration. In such an instance, the retailer had to incur other costs that are used in running the businesses of the retailer. In this instance, the retai ler’s income was stagnant while the expenses of administration increased. Therefore, the budgets of the retailer were skewed as they had to get more resources to run the business (Boddy, 2008:14). This was a disadvantage to the business. The third aspect that affected the performance of the retailer was the social environment. Previously, the retailer had concrete business bonds with the market. This strengthened its businesses across the competitive market (Johnson and schools, 2008:18). This ultimately led to dismal performance by the retailer.... With introduction of new and sophisticated technology, the retailer is well prepared to make better and improved products. Similarly, the retailer is able to serve a large number of customers in minimal time (Mennen, 2011:11). However, with the introduction of the administration, there was minimal investment directed toward technological improvement. This ultimately led to dismal performance by the retailer. SWOT Analysis HMV as a retailer was well prepared to tackle the market in making substantial accruals in terms of profits and returns. The most prudent decision the retailer should have taken is relying on the strengths and utilising the opportunities it had (Boddy, 2008:23). Similarly, the retailer should have generated strategies to reduce the effects of its weaknesses and reduce the threats that would drive the retailer out of business. In the first place, the retailer had a strong point in that it was well-established in the market. The retailer had opened numerous branches i n many countries across the globe. Similarly, it was a strong retailer in that the demand for its products was escalating. However, the retailer had an internal weakness with the inception of administration. The administration was not apt in executing its tasks. Similarly, the retailer was not keen on extending its market share. This led to murky performance after the threats surpassed its strengths. The retailer had an opportunity in investing in technology and making superb approach to the market. Since it is a music retailer, it had an opportunity to invest in current and sophisticated technology (Pearce, 2009:14). A perfect example is Apple’s iTunes. Apple’s iTunes are appreciating a greater market share due to their compatibility with the new technology. Apple

Research Euromoney market Paper Example | Topics and Well Written Essays - 500 words

Euromoney market - Research Paper Example Eurodollars refers to the U.S. dollars deposited in banks outside the United States or these are dollars deposited in European banks (Globalization Financial Markets, n.d.). The major sources of the Eurodollars include foreign governments, dollar reserves, oil exporting countries, multinational corporations and business executives with excess cash balance deposits outside the U.S. The users of Eurodollars include commercial banks and governments. Globalization Financial Markets n.d. states that, â€Å"many commercial banks have been have been relying mostly on the Eurodollars to make loans to the exporters and importers and domestic companies.† Eurodollars instruments can be categorized into two: Eurodollar deposits, which can be negotiable certificates of deposits with floating interest rates and specified maturity time and time deposits, which have a maturity time of less than a year or Eurodollar loans, which range from $500,000-$100 million. The later also forms the major source of finance of Eurodollars among all other sources of finance. Globalization Financial Markets n.d. states, â€Å"The expansion of Euro dollars is enabled by; private and public depositors keeping their money outside the United States banks and private and public borrowers who take the Euro dollar loans.† London Interbank Offered Rate (LIBOR) is one of the world’s widely used benchmark for setting short-term interest rates set by sixteen international member banks. The rates were introduced into the financial markets in the year 1986 after two years of conducting test runs. Today, LIBOR rates published by BBA daily places a rough estimate of about $360 trillion rates of financial instruments globally. LIBOR is important, applauded by many participants of the financial markets because it is inclusive, and considers even the less preferred borrowers of money. Either LIBOR has ability to dilute Fed rate cut effects. The Euro commercial paper is short-term unsecured loan