Phoenix Beverages Limited
Question Preview:In this project, you will work as a consultant to help a large Mauritian consumer product company, THE PHOENIX BEVERAGES LIMITED(PHOENIX BEER) to enter one of the following countries: India and Brazil. The company should have not entered the selected country yet. Write a one or two-page (single-spaced) project proposal? The proposal should include 1) the country and company chose for the project, 2) a brief introduction of the company background, 3) a brief explanation of why the company is chosen for the specific country, 4) action plan, 5) projected time table for completing the project....
Solution Preview:The Phoenix Beverages Limited is a well-renowned company which deals in the Phoenix Beer. The country in which the company shall enter is India. As per the research and analysis, the trend of consuming beverages is increasing in India. Therefore, opening the company in India can be proven beneficial in order to get good results. To implement this project of beer, India can be one of the best places and can be helpful in the easy setup and growth of the business. Phoenix beverages are one of the renowned companies which are also known as the largest breweries in Mauritius. The beer that is named after the company and is known as the Phoenix Beer is widely distributed on the island and the taste is liked by many people.
This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.