Page 9 - CIMA OCS Workbook May 2019 - Day 1 Tasks
P. 9

SUGGESTED SOLUTIONS


                  CHAPTER FIVE – E1


                  1       SUMMARY OF CASE - SWOT

                  Strengths                                    Weaknesses

                    •   Approx 17 years’ experience in the       •   Struggling to cope with rapidly growing
                        market.                                      business in terms of infrastructure/ staff
                    •   Owner-managed by the original four       •   Recognised need for new processes for
                        directors (young and enthusiastic)           human resource management to ensure
                    •   Produces wide range of vitamin and           wellbeing of both existing and new staff
                        supplement formulations                  •   Identified need for future investment in
                    •   Own-brand products, contract                 its central systems.
                        manufacturing for other brands and       •   Finance department is relatively small
                        private label ranges.                        and has changed very little from the start
                    •   Reputation for excellent quality and
                        service and as a reliable supplier
                    •   Rapid revenue growth (49% increase in
                        2018)
                    •   Rapid growth in PBT (59% increase in

                        2018)
                    •   Invested heavily in new manufacturing
                        equipment and R&D
                    •   Funded clinical tests to prove the efficacy

                        of its products
                    •   Sales & Marketing Director has
                        invaluable experience in retail industry
                    •   Finance Director keep a tight rein on
                        company finances
                    •   Large, state of the art manufacturing
                        facility
                    •   Just-in-time manufacturing and
                        purchasing system
                    •   Own road haulage trucks in Eastland.






























                  KAPLAN PUBLISHING                                                                    49
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