Business Essays – Strategy Puma Product

Strategy Puma Product

A Winning Strategy

In this section evidence will be given to support the view that the strategy adopted by Puma is a winning strategy. There are several factors that will be taken into consideration in proving Puma’s winning strategy, the first of which will be a summary of Puma’s finances from 2003 to 2007 which is shown in table 1 below.

This illustrates the Net sales, Gross Profit Income before tax and the Net income of Puma for the stated period. As can be seen in the table the figures have been constantly increasing every year which indicates Puma has become more efficient in producing its product. This supports the fact that the outsourcing strategy is working as Puma seems to have become more efficient in managing its value chain.

Summary Financials

Source: PUMA

Fiscal years ended 31 December

Year

2003

2004

2005

2006

2007

2008

Net sales

1,274.0

1,530.3

1,777.5

2,369.2

2,373.5

Gross profit

620.0

794.0

929.8

1,199.3

12,373.5

Income before tax

264.1

365.7

404.1

374.0

382.6

Net income

179.3

259.7

285.8

263.2

269.0

Table 1 Key consolidated financial performance, 2001-2007 (Figures are in millions of EUR, unless otherwise stated)

 

Find out how  our expert essay writers can help you with your work…

Figure 1 Key consolidated financial performance, 2001-2007 (Figures are in millions of EUR, unless otherwise stated)

End of year price

Highest price listed

Lowest price listed

Earnings per share

Cash flow per share

Shareholders’ equity per share

2007

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our Guarantees

Money-back Guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism Guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision Policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy Policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation Guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more