The Dos and Donts of Research Paper Writing

The Do's and Don'ts of Research Paper Writing The Hidden Facts About Research Paper Writing Finding a massive research paper done is one of the most demanding experiences in a course, together with your grade can depending on it! Whether there are any key limitations of your work, it's possible to also mention this in brief within the introduction. Your own experience can definitely function as a worthwhile subject. Once you get your subject and title, you must get started considering how you'll approach your research procedure. While the written text may be highly effective thing, images enable readers to rapidly grasp the concepts presented in the paper, especially in the scientific fields where a huge sum of numbers may be needed in presenting data. The better the vocabulary is going to be, the more efficient the reading is going to be for your intended readers. Exactly like in books advertised online, only certain parts of the paper is going to be exposed. You know the material and you're interested in this issue. Research Paper Writing Help! Many cheap custom writing services are offered on the web, but you're unsure whether they can offer complete satisfaction. If you've been seeking an affordable dissertation writing service on the internet, you might observe that for the exceptional quality they possess the cheapest rates. If you're worried how to complete the research paper in a timely fashion, you may think about taking best custom essay writing services. On the flip side, the research paper writing services are definitely the most favoured academic services by students since they help them to finish their projects in time. A History of Research Paper Writing Refuted Preparation is crucial to effective white-paper writing. Writing a Dissertation can help you succeed When it's time to acquire your Doctoral level, a properly carved dissertation can help you carry on with your academic success. Writing the scholarship essay may look to be an impossible undertaking, but with a little bit of hard work and the above recommendations to guide you, you may create a well-written essay that lets the judges know what a special individual you're. Furthermore, the students don't know the right writing styles to use while writing their research papers. Some students actually can't bear the pressure so far as the customized dissertation is concerned, and lots of them don't wish to attempt on their own since they know they're lacking. Most students find it impossible to manage the pressure of writing a customized dissertation and might produce the error of trying to write one without the writing skills required. There are many different research paper writing services are available which can assist you with cheapest research paper articles. When you inform us about each of the paper info, we will commence attempting to locate an acceptable writer for your paper. If you cannot take care of the extra pressure of writing academic papers, you might occupy custom research paper writing service. Your Professor, who's going to read the paper, has the thorough understanding about the problems that you have tackled in the paper. When you submit your dissertation paper there's no any other opportunity to improve that, so must careful when writing it, it is essential to doing a deep research on topic before you begin your work. Nevertheless, the trick to a thriving research paper is organization. A university level research paper can acquire a great deal of time in order to investigate and come up with. A superb research paper writing company is a superb company that gives students with internet research paper help. Consequently, it's the duty of the writer to produce sure the sources are authentic and of high quality, and should they serve the aim of your research. For example, if you order a paper in Psychology, we'll discover a specialist essay writer with the most suitable level. Acknowledging all the sources you've used in your research is important portion of research paper writing and it helps you stay away from plagiarism. The topic shouldn't be an extensive field, but a particular case within the extensive area of the researcher's interest. The New Angle On Research Paper Writing Just Released Before you start your research paper writing, you should pick a topic and find information on the topics connected with your topic. There are three major elements of any report. Creating an outline of your primary thoughts and secondary points can help you keep coherent. Expanding on content in preceding articles is a means to write material having a great deal of new info and builds on th e ideas of prior submissions. Top Research Paper Writing Secrets It is an impossible task to complete dissertation writing in short time, it's time consuming task for the reason that it needs to search a good deal. The very first goal of every introduction is going to be to herald to the readers that something serious which needs to be taken care of properly in the body of the expression paper. Attempt to remember that in the event that you analyze your paper, your principal task is to ensure your audience understands the critical points without lots of difficulty. So, it has to be written bearing in mind the subsequent points.

Easy Tips on How Do I Add My Essay Topics to My Thesis

Easy Tips on How Do I Add My Essay Topics to My ThesisHow do I add my essay topics to my thesis? This is a common question among many students. There are two types of essay topics that are commonly given out for students to choose from. They include thesis and essay.The first type of topic is the one that the students are expected to write about. Theses are given out when students ask for a topic for their thesis. When a student wants to have his thesis done, he or she must write it on paper. Essays are not only given out in academic circles. They are also given out by people who want to learn from you.The second type of topic is the one that you can change at any time. You may want to add a new topic, or take out a topic that you've already written. Once you've learned how to add your essay topics to your thesis, you can always replace a topic that does not make sense to you with a more fitting one.However, there are no rules that state that the topic that you're given is the one th at you need to use. However, you should still know the type of topic that you should be using. This is so that you can be sure that the topic that you want to use is appropriate. You may want to look for tips on how to add your essay topics to your thesis online.The next question is how do I add my essay topics to my thesis when I've already finished it? Most professors will want to see proof that you've finished the assignment that you're given. In this case, you may need to give a sample or an outline of the work that you've done. If you're not sure what outlines look like, you may want to look for tips on how to add your essay topics to your thesis online. This is especially true if you're only going to have a small section of your paper that you can't show your professor.Your instructor may also want to know what you have to say about the topic that you are assigned. You can do this by answering their questions or talking about it. But it is important that you take all of this i n stride. If you think that this may cause you to show less or even no work, then you may want to change your mind and start by answering their questions.How do I add my essay topics to my thesis when I'm not sure what to write about? This can happen if you haven't actually started to work on the assignment yet. You may need to revise your paper to make sure that you are addressing all of the questions that your instructor has asked you about. This will ensure that you get the credits that you deserve.If you're in college and you're trying to find ways to how do I add my essay topics to my thesis, then this may help you. This is an easy way to have some great writing skills on your assignment without having to take on additional work. Find tips on how to add your essay topics to your thesis online to get started.

The Best Way to Avoid Bad Research Paper Questions

The Best Way to Avoid Bad Research Paper QuestionsThe best way to avoid bad research paper questions is to use several different research paper question topics. Many people assume that the way to get good research paper questions is to study for the SAT. This is a bad idea because you will get a lot of questions on the topic of the exam, but this will give you less time to work on your questions and therefore fewer questions in which to study.In order to make sure that you cover all the topics covered in your academic paper, you must study for it on several different topics. By reading articles and talking to people who have gone through the same course as you, you will learn how to answer all the questions you have to be able to get an A in your college exam. One of the best ways to find these questions is to check the World Wide Web.A lot of the common questions that students ask can be found online. Some sites, such as YouTube, allow you to watch educational videos that are made b y students with very little or no experience. You will see questions and answers for the research paper you want to take. On the other hand, some websites offer audio lectures in which you can listen to someone giving a lecture about the material they are teaching.However, if you want to do better than you would on sites that are only answer questions for the questions on their site, then you will need to consider picking up as many books as possible on question topics. These will give you a greater number of questions, to read and think about.Just like the SAT, the paper you will have to write for your college class will be graded based on your performance. Your grades will affect your future, so it is important that you write a good paper. There are three main types of papers, called the 'pass,' 'pass/fail,' and 'unsatisfactory.' You should take care to understand what these mean and know what your score will be.Most good schools expect their students to write a good research pape r, so it is necessary that you write a paper that can stand up to real world questions that students will ask. You need to make sure that your paper can help your classmates or your professor to get an idea of your ability to do research and write. When you know the right questions to ask, you will be prepared to ace the rest of your research paper.Research paper question topics are the basis of the difficulty of the exam you will have to pass. If you know the right questions to ask, then you will not get stuck on anything. This will help you get through the essay more quickly and more efficiently.

Introduction Essay Examples - Use Self Introduction Essay Samples To Improve Your Writing Skills

Introduction Essay Examples - Use Self Introduction Essay Samples To Improve Your Writing SkillsYou may have noticed how easy it is to pick up self introduction essay samples. They are available in the internet or you can get them at your local bookstore. It is a good idea to learn how to craft your own introduction to make it different and personal. This will help you make your job easier.You do not need to spend lots of time to search for specific examples. You can begin by reading some blogs or magazines. Read about introverts or about people who are shy. You can find interesting ones that may help you. They will inspire you.The stories that are included in introvert books often contain comments from people who are around them. It helps the readers to understand the personality of the writer and the style of writing. It also gives insight on how the person writes their words and in what way they express themselves. It is a good source of information.It is very important that when you choose self introduction essay samples, you look for writers who write in a similar manner. This will help you a lot because you will be familiar with them. You can read some of their works and take notes on how they write their words.Some self introduction essay samples will contain examples of writing. These examples will help you a lot. They will include questions and answers, and they will be written in a similar manner. This makes you more familiar with the style and words used. So you do not need to rely on some tips from others.You will find many websites that are dedicated to giving you quality introduction essay samples. There are also ways you can look for your own samples online. There are lots of sample pages on the internet. These sample pages are free to use and it is important to make use of them. They give you a wide variety of writing styles and formats.You can use this method of using essay samples to improve your writing skills. The benefits are many. You can improve your confidence levels and make sure that you are able to express yourself without being overblown. You will not have to worry if you are talking about something relevant in your work.

Economic Analysis of Burberry Essay Example

Economic Analysis of Burberry Paper 1. 0 Introduction There are tools and techniques that can help owners and managers make decisions. However these decisions are based on purely estimations where the costs and profits will come to a breakeven point. The common breakeven analysis is Cost-Volume-Profit Analysis. This analysis shows that how the cost and profit changes when the volume change. It analyses the effects on profits of changes in variable costs, fixed costs, selling prices, volume, and the products sold. However, there was a downside for this analysis which it only focuses on the breakeven point. In this paper, I mainly analyses Burberry’s performance and describing some of the companies’ background. Besides that, I also did some research on the structure and the competitiveness of the luxury fashion industry. Burberry had built their position in the market since 1856. Burberry Group is a British luxury fashion house, manufacturing clothing and fashion accessories. Its distinctive tartan pattern has become one of its most widely copied trademarks. The company has branded stores and franchises around the world, and also sells through concessions in third-party stores. It runs a catalogue business and has a fragrance line. 2. 0 Burberry Background The Burberry brand was well-known for the authentic British heritage, unique democratic positioning within the luxury arena. They are the largest retailer in United Kingdom. Their founding principles are quality, function and modern classic style. The trench coat, trademark check and Prosum horse logo are their globally recognized icon portfolio. By year 2000, Burberry operated 58 company-owned stores. 2. 1 History 154 years ago, a 21 years old draper’s apprentice, Thomas Burberry, opened a small outfitter’s shop in Basingstoke Hampshire, England. We will write a custom essay sample on Economic Analysis of Burberry specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Economic Analysis of Burberry specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Economic Analysis of Burberry specifically for you FOR ONLY $16.38 $13.9/page Hire Writer By year 1870, Burberry focused on the quality and innovation in fabric and outwear design which expanded the shop into an ‘emporium’. Ten years after that, they invented Gabardine. Gabardine is a breathable, weatherproof and ‘tearproof’ fabric. In 1891, Thomas Burberry Sons expanded their emporium in the West End of London at 30 Haymarket. They developed a predecessor of the trench coat, Tielocken, which was adopted by British officers during the Boer War in 1895. In 1904, the Burberry Equestrian Knight Logo was developed containing the Latin word â€Å"Prosum† meaning forwards and registered as a trademark. Burberry was then commissioned by the War Office to adapt its officer’s coat, to suit the conditions of British contemporary warfare, resulting in the modern day â€Å"trench coat†. In the 1920s, they added a lining to the trench coat, The Burberry Check, which was registered as a trademark of Burberry. In 1955, Burberry was awarded a Royal Warrant by Her majesty Queen Elizabeth II and the second Royal Warrant in 1989. With these reputation built, they became an international well-known luxury brand. 2. 2 Products Burberry has various kinds of products. All products are to do with fashion. The products they provide can be seen at the pyramid shown below. Burberry brand uniqueness is the patented Burberry Check. It is a combined red, black and white check pattern. It was created in 1924 and was used as lining for the trench coats. It was then used for other merchandise including handbags, umbrellas, and scarves. Other than the Burberry trademark check, their signature icons also includes trench coat inspired D-rings, quilting and the Prosum equestrian knight logo. The Ansoff Matrix Market Penetration Classic Garments for existing target market (Trench coats, outwear, etc. )Product Development Burberry Accessories . e. stadium hats, handbags, toys, fragrances, etc. Market Development Diffusion ranges in mid 1990s for wider audience (Younger Consumers) Diversification N/A 3. 0 Industry 3. 1 Luxury Industry Background Fashion is normally built up from the creativity aspects of people’s personality. This is an industry where people can express their full potential of their creativity which reflects ones persona. Fashion industry is too based on each country’s culture which gives the designers instinct and the uniqueness of the fashion. The United Kingdom (UK) fashion industry had given a great impact to the UK economy. The direct value of the UK fashion industry to the UK economy is around ? 21 billion which is equivalent to 1. 7% of the UK GDP. This direct impact includes manufacturing, wholesaling and retailing of a range of fashion goods. Purchasing from the textiles sector, advertising and public relations spending, the economic contribution of the fashion education and fashion media sectors also the direct impact of the UK fashion industry. One of the main influence is the Value Added Tax (VAT) paid by consumer while purchasing fashion items. It consists of ? 13. 2 billion from the ? 21 billion. As for the indirect and induced impact of the UK fashion industry is calculated as more than ? 16 billion. This impact relates to the spending in other industries, ranging from IT to tourism. The total contribution from the UK fashion industry is more than ? 37 billion. Logically, Burberry belongs to the fashion industry. However, theoretically, Burberrry belongs to a typical traditional luxury industry. Luxury goods are one of the few truly â€Å"global† brands that are able to gain from global efficiency in marketing and producing the product exactly the same in any market that they enter. In UK, this market had grown into a mature market. It is a market of the changing factors of demographics, consumer and fashion trends and the demands of new generation. Most of the apparel production of the players in the industry outsource to other countries. 2 of the main outsources are China and Hong Kong. However, UK has a host of other cost centers including Vietnam, Turkey and Bangladesh. 3. 2 Products in the industry There are various products in this industry. Infact, this is sort of like people’s daily needs. The following chart defines the luxury sector and the products produced in this industry. These product segments can be divided in geographical segments 3. 3 Industry Structure The competition in this industry is monopolistic competition. There are thousands of firms in this industry competing with each other. Examples of firms are, Louis Vuitton, Hermes, Gucci, Prada and etc. These are few of those well known luxury fashion brand. The nature their products are differentiated and they have their own uniqueness which makes them have the control over the price. 3. 3. 1 The Porter’s Five Forces Model This model can explain this industry in detail. Threats of New Entrants It is believed that new entrants will not really be a threat to the current established brands. However, new designers that start their own brand with the correct growth infrastructure, they can grow quickly. In this case, they can attract volatile middle market customers. But they normally cannot attract the stable HNWI customers. Competing with those well-developed companies they will need high capital for the latest technologies to keep their goods up to quality. Secondly, it is very difficult to estimate consumers’ tastes which also include their various profiles, and symbolic needs or expectations. Small firms do not only design, manufacture, and sell their products, they also interact with their customers and systematically segment their markets and channels of distribution. This will give the new entrants the advantage during the process of design, manufacture and sales. The reason being is they understand their consumers better and try their best to fulfill their needs. As for large firm, they will have trouble understanding their consumers because of the hierarchy in the firm. Bargaining power of Suppliers The bargaining power of suppliers supposable to be low because this market has not reach their consistency. It is different from the ordinary brand where consumers have their confidence on those brands. Luxury brands need to build their consumers’ confidence with marketing which will cost them a high budget. Bargaining power of Buyers The bargaining power of buyers is very high. The firms need to fulfill their consumers’ needs. If the consumer requires a product but the store, the store will need to call up some their branches in order to fulfill the consumers’ needs. Threat of Substitutes There are no substitute for the luxury fashion industry unless of not buying it. Luxury industry usually use their own branding to attract their consumers and keep their loyalty on the brand with their uniqueness. 3. 4 Industry Performance The luxury industry is growing extremely well throughout the years even during economic slowdown. In year 2009, the luxury goods retailers stand 23% of new store opening. According to a global real estate adviser, CB Richard Ellis (CBRE), luxury retailers operate in over 25 countries and 50 cities worldwide on average. Comparing that with the global top retailers, CB Richard Ellis had mapped 294 world’s top retailers across 69 countries which make the luxury retailers have the largest global presence of all retail sectors. Hong Kong is the most popular destination for luxury retailers. They attract 91% of luxury brands surveyed as part of the CBRE study. Followed by London (87%), Dubai (85%) and lastly in total eight of the top 15 luxury Asian cities including, Taipei, Beijing, Shanghai, and Singapore. In the United States, they spend around $324. 3 billion on apparel, accessories, and footwear in 2002 and increased by 2. 9% ($315. 3 billion) in 2001. The employment under this industry had decreased because most of the production had moved overseas for the reason of lower cost. The number of employment had dropped from 537, 000 in December 2001 to 507,000 in December 2002. 3. 5 Competitive Strategy used in Luxury Fashion Industry Luxury Conglomerates Being in the luxury industry, they can benefit from the integration in a luxury conglomerate. It is easier to have a much easier access to financial means and a solid business structure which can boost their development. The conglomerate can have the advantage of having cheaper cost of capital to finance their development. They also enjoy the bargaining power and lower operation costs. All new creators and designers will be desperate to go into the companies in this industry which help to keep their uniqueness. Designer brands With this strategy, they compete with their uniqueness of their products which makes them different from other brands. The main issue here is their designers’ creativity and research and development. Without research and development, they might not know what their environment want most. Besides that, a good marketing skill can go a long way. It depends on how the company wants to show their image with the public. Selecting the right market will be very important and can seriously affect their sales. Industrial brands By using this strategy, it is the build the brand strength by focusing on the business model that delivers on the brand promises and brand values. It is very important to give a clear message through good advertising. If the message is successfully send to the public, they can build their brand equity by extending their brand values through the entire business so that they can deliver on what they promise. Retailers The retailers base their business models around the strength of their stores. Their stores are all their consumers will lay eye on the goods and services. So, the companies must give the first best impression to their consumers. 4. 0 Burberry’s Performance Analysis The total revenue had been growing throughout the past five years. For the past year, the total revenue growth was ? 1, 202 million which is around 7% of the growth. However, the total revenue growth had a massive decline at 2009 compared to the past years. It can be seen at the KPI table the total revenue growth had dropped 61% from year 2008 and around 53% from 2007. It can be seen from the figure below that the major increase from the 7% total revenue growth, retail is the main income which is around 14%, 2% increase in wholesale, but 9% of licensing. Figure: Total Revenue growth divided by channels Most of the Burberry revenue came from Europe which is around 34% of the total revenue. The runner up is America (27%), Asia Pacific (21%), Spain (13%), and the rest of the world (5%). The emerging market China, Middle East, Russia and India contribute 9% of the sales. Burberry has been operating in these markets with their local partners who can provide esources and knowledge to help Burberry increase their sales in each region. Since these regions had provided quite an amount of sales through wholesales and retails, they had been expanding their stores. The following figure can show the number of stores they opened in different regions. By year 2009, they already open 91 stores in the emerging markets. Overall, Burberry had opened 419 stores in the world which is an increase of over 50 stores in 2009 compared 2008. These stores include a net of 22 more mainline, 22 more concessions where majority of the mainline is in Americas and Middle East. As for the revenue from the product segments, womenswear gain the most revenue compared to other products. They gain around 37% of the total revenue. Coming up is non-apparel (33%), menswear (26%), and childrenswear or others which is around 4% of the total revenue. the revenue from the non-apparel segment is around ? 366 million which is 12% more than year 2008. Non-apparel accounted for 33% of retail and wholesale revenue, compared to 32% last year. The above figure is the financial review of Burberry comparing year 2008 and 2009. It can be seen above that even though the total revenue but profit had dropped massively. This is caused by the costs of restructuring, impairment changes, negative goodwill credit on the formation of the Burberry Middle East joint venture, impact of one-off tax credits, relocation of global headquarters and group’s infrastructure redesign initiative. These costs had increased from ? 4. 5million to ? 190. 7million which made their profit from positive to negative. This cost had rose 102% compared to 2008. The following is the summary of the costs and the amount of each cost. Costs included in the costs above: Restructuring charge – Cost efficiency program including redundancy and other direct costs with the balance being asset write-offs and provisions. Goodwill impairment charge – reflects on the increasingly challenging economic environment in the market. Store impairment and onerous lease provisions – half of the cost is split in Europe and half in the United States Negative goodwill – it is the cost from the formation of the joint venture in Middle East Relocation of headquarters – the deterioration in the London commercial property market during the last year. About 70% of these charges are non-cash items, except for part of the restructuring charge and onerous lease provisions. Besides that, there is a decline on the operating profit which is caused by the massive increase on the cost of sales and a little effect on the increase on operating expenses in 2009. This is probably caused by the 2008 economic crisis. A terrible recession happened during 2008 which causes them whole lot more of costs and expense which will decrease their profit or even making a loss. The cost of sales had increased around ? 200million in a year. 5. 0 Shareholders’ Wealth The adjusted diluted EPS declined 4% (30. 2 pence) in 2009. This is due to the decline in profit caused by a lower tax rate. The reason being is probably caused by the 2008 economic crisis. Burberry put their concentration on the Total Shareholder Return where it measures the growth in value of a shareholding assuming dividends are reinvested to purchase additional units of stock. There are a few elements to measure the remuneration. These elements represent the total potential of the remuneration. Those elements are base salary, the annual bonus, benefits and service agreements. 5. Sustainability of shareholders’ return Despite the decline of profit in year 2009, Burberry’s profit had been growing throughout the years. The reason that 2009’s profit had decline is mainly because of the recession had affected their costs. It is quite sustainable that the profit had been quite constant. The sustainability can be attained by looking at the corporate responsibility. Corporate Responsibility Burberry had been serving the highest quality standards since 1856. They did a very well job on building their brand image and bringing the operational excellence to the luxury products. The following is the results from 2009. Clear Management Burberry has a clear management. Every year they have 3 meetings. The Group employs a Corporate Responsibility team of nine people which will manage the supply chain, environmental and community management and draws on external independent advice. Besides that, the executive management will review on the Environment, Ethical Trading, Employee Volunteering and Exotic Materials Policies. Healthy Business Partnerships Burberry believes in healthy business ethics. They believe that employing local labour and environmental laws with a safe and hygienic environment. They also have a policy based on ethical trading with internationally accepted codes. -There are 487 factory visits to assure compliance with the Burberry ethical trading policy. -Engagement of active member of three BSR working groups -25 key suppliers took part in long term capacity building programs focused on training for productivity, human resource management systems and better communication -Roll out of the Burberry confidential worker hotline in its suppliers’ factories. -New suppliers are approved by the CR team prior to working with Burberry Environment care Burberry has the largest environmental impact areas include carbon emissions (linked to energy use, travel and distribution network) solid waste and the use of bulk materials -Burberry lauched a packaging project to reduce the amount of transit packaging used -Relocated to new Corporate headquarters designed with energy-saving features, reduced cleaning chemicals, and more recycled stationery contents -Installation of energy-saving compressors -Waste reduction -Launched a sea vs air shipping initiative which resulted in significant savings and reduced environmental impacts Organization Development This includes attracting and retaining talented employees and customers which give the best results for the organization. -E-recruitment website and corporate intern program -Talent review, development program, and evolving the organization with strategic themes -New global headquarters, Horseferry House, provides a safe efficient and responsible working environment for employees and visitors -Piloted global education and training program designed for and delivered to all retail staff to ensure that the customer experience is in line with Burberry’s brand standards and Burberry’s luxury positioning Health and safety By retaining talented employees, Burberry will ensure a fully healthy and safe environment for them. Products and supply chain standards Burberry has strived to achieve the highest quality standards in all components and stages of its supply chain process since 1856 -More efficient with the use of raw materials -Usage of SAGA furs in Finland rather than natural hides -Issues licenses to ensure no harmful chemicals are used or contained within Burberry products Contributing to society Burberry had been practicing the give corporate sponsorship worldwide which includes cash and product donations. Supports on London, New York City, and Hong Kong to identifies unique local challenges to successful youth development and supports charities with proven programs to address them -Burberry’s employees serve as mentors to young people and volunteer for a range of programs -2008 Christmas Coat Donation saw more than 500 coats distributed in London, New York City, Hong Kong, and Seoul acro ss 12 different charities, ensuring that the coats went to job training students in time to help them begin their job search with confidence -Redundant office furniture and equipment from Burberry’s old offices were made available to the Foundation supported charities for their offices and programs 5. 2 Risk volatility By looking at the risk, it can give shareholders value. This analysis can be integrated by the evaluation of strategy. Burberry is challenging with five key strategic themes. They are: Leveraging the franchise -Maintaining brand momentum -Reinforcing outerwear heritage and leadership -Further reshaping the product pyramid -Capitalizing on menswear opportunity -Building childrenswear -Enhancing marketing -Optimizing licensing Intensifying non-apparel development -Further growth in division of product: oHandbags oShoes oMen’s non-apparel -Continue receiving marketing and PR focus via prominence on the runway, editorial priority and heightened presence in global advertising -Initiated its partnership buy model for non-apparel with the Autumn/Winter 2009 season -Japanese non-apparel joint venture Accelerating retail-led growth -Reorientating design and merchandising toward more disciplined, style-efficient and balanced collections -Increasing the frequency of new goods flowing to stores -Developing a more extensive and responsive replenishment program in all product divisions, while evolving in-store visual merchandising and processes to support -Enhancing store productivity -Accelerating new store openings -Continuing e-commerce development -Upgrading store image Investing in under-penetrated markets -Increase market share in America -Entered joint venture with Middle East and opened four stores in 2009 Pursuing operational excellence Announced global cost efficiency program in January 2009 -Global IT program implementation based on SAP technology in Hong Kong and United States Looking at the strategy and past years profits, Burberry’s risk volatility is quite low. 6. 0 Cost-volume-profit analysis (CVP Analysis) Assumption: -Only apply to one product -Fixed costs same in total and unit variable costs same at all levels of output -Sales prices constant at all levels of activity -Production equals to sales -All amount taken from 2008 is from the sale from one product -Volume sold in 2008 is 6million units -Net operating expenses and cost of sales are variable costs Sales at 6 million units Total Revenue = ? 1279. 90million Total Fixed Cost = ? 150. 40million Net Operating Expenses = ? 416. 0million Cost of sales = ? 475. 90million Variable cost = ? 591. 9million 7. 0 Conclusion Burberry has its own uniqueness which a lot people will not just simply change their taste to other brands. This is one main reason that the revenues of Burberry kept on rising and also they kept their position in the market. However, if Burberry wants to keep their position in the market, they have to continue designing and express their creativity. Without this, consumers will sooner or later get tired of their old products and hence the sales will drop. Same to the competitor in this luxury fashion industry. Besides that, good marketing can go a long way. With the right marketing, sending the right message to the right market, Burberry can save a lot of money and yet increase a lot of sales. References: ACCA – Strategic Business Planning and Development 2005/06, FTC Foulks Lynch. Burberry 2009 Annual Report Burberry Investors Official Website: http://www. burberryplc. com Casciato, P. 2010, Fashion worth more than $30 billion to UK economy, Reuters, cited at 24 October 2010, available at: http://www. reuters. com/article/idUSTRE68F3UX20100916 CIMA Managerial Paper P2 – Management Accounting – Decision Magement, 2010, BPP Learning Media, London. Fashion History Industry Analysis, 2009, Eurbanista, cited at 28 October 2010, available at: http://www. eurbanista. com/introduction-to-fashion-history-industry-analysis/ Nguyen, V. , Analysis of the Luxury Goods Apparel and Footwear Industries, cited at 28 October 2010, available at: http://www. uwlax. edu/urc/JUR-online/PDF/2004/nguyen. pdf Sloman, J. 2006, Economics, 6th edn, Pearson Education Limited, England. Smith, J. 2008, Worldwide luxury goods market growth projected to slow substantially by end of year and head into recession in 2009, according Bain Co study, Business Intelligence Middle East, cited at 27 October 2010, available at: http://www. bi-me. com/main. php? d=28646t=1c=3cg=2 Strategic Analysis – Luxury Goods Industry Analysis, 2009, Thinking Made Easy, cited at 26 October 2010, Available at: http://ivythesis. typepad. com/term_paper_topics/2009/05/strategic-analysisluxury-goods-industry-analysis. html Welch, P. J Welch G. F. , 2010, Economics Theory Pr actice, 9th edn, John Wiley Sons, Inc, United States of America. Worldwide luxury goods market growth projected to slow substantially by end of year and head into recession in 2009, Bain Company, cited at 26 October 2010, available at: http://www. bain. com/bainweb/about/press_release_detail. asp? id=26657menu_url=for_the_media. asp