/
Questions/
Case Study/
Sitting in the warehouse office, staring at the financial statements in her hands, Shefali Agrawal was confused: Management and Administration Case Study, UD, UK
Looking For Plagiarism Free Answers For Your UK College/ University Assignments.
BUY NOWSitting in the warehouse office, staring at the financial statements in her hands, Shefali Agrawal was confused: Management and Administration Case Study, UD, UK
University | University Of Derby (UD) |
---|---|
Subject | Management and Administration |
Sitting in the warehouse office, staring at the financial statements in her hands, Shefali Agrawal was confused. She had spent the day observing the business and then the whole evening brooding over the position of her family business. The appearance of the warehouse was incompatible with the business financials she held in her hands.
The family business, Agrawal Kitchenware Distributors (Agrawal), was a wholesaler and distributor of kitchenware items. The company carried more than 100 inventory items but had no inventory management system. Instead, the warehouse was a picture of confusion, characterized by go-with-the-flow inventory management, which was reflected in the inventory’s physical condition. However, there was delightful business growth; the balance sheet increased from ₹12 million1 to ₹16 million in 2020. Also, the net profits had doubled to ₹2 million.
Are You Looking for Answer of This Assignment or Essay
How was it that a company with poorly managed inventory was thriving? Was the financial result the ultimate true picture of the company’s success or was there something else to consider? A wholesale business seemed simple: buy the goods in bulk from the manufacturer or another wholesaler and sell the goods in smaller quantities to retail businesses.
A wholesale business primarily involved inventory and its movement without much need to worry about production or consumption, especially when dealing with necessities such as kitchenware, which had year-round demand. Given Agrawal’s financial performance in the business, did it need inventory management? Shefali knew that she needed to analyze the situation more carefully to identify the bridge between the inventory and the financial position of her family business.
Do You Need Assignment of This Question
Get help by expert
Looking for reliable help with assignments in the UK? You’ve come to the right place! Our expert team is here to provide top-notch assignment help. Whether you need a dedicated assignment helper in the UK or specialized support like Management Assignment Help, we’ve got you covered. UK students studying at the prestigious University of Derby (UD) can rely on our services for their Management and Administration assignments. We understand the confusion faced by students like Shefali Agrawal, sitting in the warehouse office, staring at financial statements in her hands. Our experienced professionals will guide you through your Management and Administration Case Study, providing clarity and expert insights. Don’t hesitate, pay our experts and excel in your coursework at UD, UK
Recent solved questions
- CMI unit 701 strategic leadership, Essay, UK
- CIH Level 4: H409 - Research Skills for Housing, assignment, UK
- You are working for an energy company where you were asked to design a solution to promote sustainable transportation: Finding and Using Information, Assignment, OU, UK
- UNIT CMI 706: Designed to enable leaders to evidence their understanding of the scope, complexity and role of Finance within an organisational context: Finance for Strategic Leaders, Report, UK
- Managing a Professional Engineering Project (MPEP), Tutor Marked Assignment 1 (TMA) Network Analysis, TU, UK
- Unit 3: You are advising the owner of a local business that runs coach trips: Financial and Management Accounting Techniques for Managers, Assignment, UOS, UK
- UNIT CMI 702: Evidence Booklet: Understand the principles for leading and developing people: Leading and Developing People to Optimise Performance, Assignment, UK
- Level 4: Understanding the management role to improve management performance: Principles of leadership and management, Assignment, ILM, UK
- 7HR03: Your knowledge and understanding of the material covered in this specialist unit will be assessed: Strategic reward management, Assignment, CIPD Level 7, UK
- UNIT CMI 305 Assessment Booklet: The aim of this assessment booklet is to enable managers to evidence their understanding of how to use their knowledg: Building Stakeholder Relationships Using Effective Communication, Assignment, UK