Tuesday, September 10, 2019
ACCOR Group's Expansion Strategy Research Paper
ACCOR Group's Expansion Strategy - Research Paper Example 8,121 + 6.8 EBITDAR 2,321 11.4 EBITDAR margin 28.6% 1.2 Operating profit Before tax 907 24.8 The growth rates for the company in revenues for year 2007 were as per the following: Revenues + 6.5% Expansion + 4.3% Impacts of the currency (decline of dollar against Euro) - 2.7% Disposals - 1.3% Growth rate + 6.8% Analysis Amnt In m 9000 - 8000 -7000 - 6000 - - 5000 - 4000 - 3000 - 2000 - 1000 - Revenue EBITDAR Profit (before tax) Graph of the two financial statements; Revenue, EBITDAR, profit (before tax) Year 2004 Year 2007 11 -10 - 9.0 - 8.0 -7.0 - 6.0 - - % 5.0 - 4.0 - 3.0 - 2.0 - 1.0 - Revenue EBITDAR Profit (before tax) Graph of the two financial statements; Revenue (reported change), EBITDAR (reported change), profit before tax (reported change) Year 2004 Year 2007 i. Before implementation of the new strategies As per the above table, the company's profit before taxation amounted to 592 million which was13.2% for that year. In the same year, the company's consolidated revenues shot up by 4.3% which were the same as moving from 295 million to 7,123 million. Not including...While carrying out the research regarding ACCOR group of companies, importance of selecting the appropriate paradigm is emphasized. This includes the opinions on how to carry out the research as well as the necessary approach of data collection and analysis. The methods used to collect the appropriate data included a quantitative data collection approach: getting the relevant data from the company's management information systems where it has provided its financial reports before the implementation of the strategies and after this period. The collected data is then analyzed using tables and charts in order to draw conclusion on whether the strategies made any changes to the company. There is also analysis of the strategies used by two other major rivals of ACCOR group of companies which are used to corroborate the hypothesis to be deductive. Roy 1995As per the above table, the company's profit before taxation amounted to 592 million which was13.2% for that year. In the same year, the company's consolidated revenues shot up by 4.3% which were the same as moving from 295 million to 7,123 million. Not including the effects of transitions in scope of exchange rates and consolidation, the revenues went up by 4.6% for the same year as well as 5.1% in the fourth section of the year. This indicated the company's demand in the group's activities.
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