Lecture notes
Report Writing Example
- Institution
- CCEA
An indepth look at how to structure and approach a report writing test using a previous past paper. Introduction, specific paragraphs and recommendations are included.
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By: aglass • 7 year ago
By: ciarahunt • 7 year ago
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TSS Report WritingTitle: "Managing the proposed takeover of Highs and Lows Ltd".
Aim: "To examine the main issues surrounding the proposed takeover of Highs and Low Ltd. To
analyse the financial, cultural and ethical issues associated with the proposed takeover and evaluate
the impact on the stakeholders of TSS plc.
Introduction:
Background:
TSS began as a distribution company in 1953 known as Birney Haulage. The company operated as a
sole trader and experienced steady growth, then in 1984 the company then began operations as a
private limited company. With continued growth, under the stewardship of Claire, Arthur Birney's
daughter the company then took the next step and floated on the London Stock Exchange and has
overseen two takeovers in the warehousing and fish processing markets. The company now employs
over 250 employees.
Approach:
In this report I will analyse and evaluate the best way forward for TSS plc. I will do this by focusing on
the following key areas:
I will then reach a conclusion and propose three recommendations for TSS plc.
Analysis + Discussion of Findings:
Financial Information:
With regards to the financial position, source 2 provides valuable data. Turnover, is the income
earned in the accounting period from trading activities. The sales revenue of TSS plc has increased
from £6.9 million to £11 million representing a 59.4% increase. This financial data shows that under
Claire's leadership TSS plc has experienced an improvement in its financial performance due to the
continued growth and is achieving success in its market.
Net profit is gross profit - expenses. TSS has also experienced a growth during the 2007-2009 period
of 106.3% from £0.48million to £0.99 million. The improvement could indicate that either prices
have been increased or expenses have been reduced.
However, with further insight the net profit % has increased from 7% in 2007 to 9% in 2009 which
means for every £1 of sales, in 2009 9p is profit representing a 2p increase which could mean
expenses have fallen. This also indicates an important worry on net profit that 91p is going on
expenses and if the management in TSS plc do not address this issue immediately it could have an
increasingly worrying impact on business operations. A method to improve the net profit is to
reduce expenses through changing suppliers, the problem with this methods is that the relationship
already established will be lost and if TSS plc wish to operate just-in-time method of production the
chances of success will be lower. An additional method could be to have better stock control and
only order when they need the wood which can lower storage expenses.
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