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Use Cases
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Resources
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Pricing
Case Study
Events
Difficult Economic Conditions in Bowton
2008 - 2011
% complete
- Unemployment rose by 6,000
GG Toys Plc Moved from Bowton to China
2010
% complete
- Cheaper to manufacture in China
Difficult Economic Conditions in Bowton-Results
2011
% complete
- 14,000/80,000 were out of work
- Incomes fell by 8% on average
- 42 Businesses closed
- ONLY 15 start-ups occurred
- "Is it the end of Bowton"-Newspaper headline released
Regeneration plan
2012
% complete
- Implemented
- 10 Years Duration
Acts taken place during Regeneration Plan
January 2, 2012 - 2018
% complete
- To Encourage Businesses-grants where offered
- 7,000 jobs had been created
- New multiplex Cinema, 3 new housing developments and a shopping centre had been made
Research Conducted
2014
% complete
Research report about the state of the UK Toy Market conducted-by Sanjay Market Research Ltd
Sales Fall for GG Toys Plc
2014 - 2016
% complete
- Sales fell by 8%
Georgie Girl
2015 - 2016
% complete
- Best-selling doll
- Cartoon character
- Produced in China
- Costs, revenues and profits are monitored by Finance Department at GG Toys Plc
New Chief Executive
2016
% complete
- Name: Isobel Liu
- She was told by board of directors to turn around the declining performance of company
Sales and Production of Georgie Girl Grew
2016
% complete
- A second Georgie Girl movie released
- Production moved to newly constructed building to increase the scale of production; High Demand on toy
Finance Director brought some issues in view to the Board of Directors
January 1, 2017
% complete
- Issues would effect business success in the next 2-3 years
Points that Finance Director Raised
January 2, 2017 - 2018
% complete
He Said:
* 2016-Chinese Gov devalued currency £1 = 10¥ / End of 2018-£1 = 12¥
* 2016-Pound fell by other currencies including euro £1 = 1.1€ from £1 = 1.2€
* 2018-Inflation is forecast to rise in UK/ also cause a raise in the UK interest rate
* Environmental concerns if product is manufactured in China and sold in the UK
Isobel Liu Produced and Presented Development Plan to Board of Directors
January 3, 2017
% complete
- Lasted 5 Years
Key points of Development Plan
January 4, 2017 - 2022
% complete
The Key Points were:
* To Reduce the costs of production
* Range of Products sold Reduced-- only focus on Best-selling Toys
* Production will continue in China
* Online selling will be Developed as a Priority
* An automated Warehouse run by Robots will be put in place for Online selling Venture
Cash Flow Problems
January 1, 2018 - April 30, 2018
% complete
- Income Decreased
- Expenditure Decreased MORE
- Balance gone into negative by April
Some Growth
2018
% complete
- employment increased; low-payed, part-time jobs
- forecast-there would be a rise in the sales of goods in Bowton
UK Leaves The EU
2019
% complete
- Not good for Toms Toys-Loss