Question
You have been hired as a consultant to improve a company's operations. The client wants to know how you can improve their profitability and balance
You have been hired as a consultant to improve a company's operations. The client wants to know how you can improve their profitability and balance sheet. Discuss why a consultant can improve their operations as a partner and collaborator. Define the financial terms used (profitability, liquidity, efficiency and the respective financial statements).
Find relevant case studies from one or more of the following websites:
http://search.ebscohost.com
Case study
Address:
One Old Country Road Carle Place New York 11514
Country:
United States of America
Abstract:
1-800-FLOWERS.COM, Inc. (1-800-Flowers or 'the company') offers gift products, including flowers, plants, gourmet foods, gift baskets, confections, candles, balloons and plush stuffed animals. The company primarily operates in the US. It is headquartered in Carle Place, New York and employed 4,524 full and part-time employees as of June 28, 2015. The company recorded revenues of $1,121.5 million in the financial year ended June 2015 (FY2015), an increase of 48.3% over FY2014. The operating profit of the company was $37.6 million in FY2015, an increase of 58.7% over FY2014. The net profit was $20.3 million in FY2015, an increase of 32% over FY2014.
Products/Services:
1-800-Flowers offers gift products, including flowers, plants, gourmet foods, gift baskets, confections, candles, balloons and plush stuffed animals. The company's key products and services include the following: Fresh-cut flowers, floral and fruit arrangements Plants Popcorn Gourmet foods and gift baskets Cookies Chocolates Candy Wine Candles Balloons Plush stuffed animals Confections Clearinghouse services Advertising and communication services for florists Other services including web hosting, marketing services and point of sale Brands: 1-800-FLOWERS.COM 1-800-FLOWERS 1-800-Baskets GreatFoods.com The Popcorn Factory TheGift.com Cheryl's Mrs. Beasley's Celebrations Flowerama DesignPac Napco Fannie May Harry London Harry & David Wolferman's MooseMunch Cushman's Fruit Bouquets iFlorist BloomNet Stock Yards
Source:
MarketLine Report
User ID: s9051773 Password: trial (lower case)
http://www.pwc.com/us/en/advisory-services/index.jhtml
http://www.bcg.com/expertise_impact/impact_stories/
Prepare a 1,000- to 1,200-word research paper using the text, the company Web site, and reliable sources as references.
Paper should include at least 3 references either peer reviewed text books and/or peer reviewed journal articles.
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