Assignment Eco
Assignment Eco
Introduction
- Explain the objective of the group assignment - kiwan
Objective of this group assignment is to do an analysis report of Mercedes Benz US in the
context of their decision making related to financial management, operational cost, strategies
and other relevant matters during Covid-19 pandemic. Besides , the objective is to explore in
depth the business environment such as operations function of Mercedes Benz US.
After that, the objective is to understand on how a business operates and the importance of
decision making tools in helping the managers to make good decisions.
Analysis refers to the process of critical examination of the financial information contained in
the financial statement in order to understand and make decisions regarding the operations of
the firm. The analysis is basically study of the relationship among various financial facts and
figure as given in a set of financial statements.
6. Conclusions
- Explain the objectives of the assignment are achieved successfully -kiwan
The financial position of Mercedes Benz US is quite comfortable with a smart
combination debt and equity. The overall evaluation of the financial statements
demonstrates efficient use investments, loans and advances. The profits of the company
seem to be impressive, as assessed by increased reserves and surpluses.
YANG BETUL
INTRODUCTION
Financial statements are documents that reflect the financial condition of the
company. Quantitatively, it represents the financial stability of the organisation. This helps to
determine the company's opportunities and uncertainties for corporate decision-making
purposes. The purpose of the financial statements is to provide information on the financial
situation, results and improvement in the financial position of the business, which is valuable
for different consumers in the decision-making of the economy.
The purpose of this group assignment is to generate an overview study for company
Mercedes Benz US of its decision-making on financial management, operational costs,
policies and other relevant issues during the Covid-19 pandemic. In addition, the goal is to
analyse the market climate in depth, such as the organisational role of Mercedes Benz USA.
After that, the aim is to learn how the market works and the effectiveness of decision-making
tools that help management make informed choices.
Research relates to the process of objective evaluation of the financial reports found
in the financial statements for the purpose of interpreting and making decisions about the
company's activities. The research is fundamentally a study of the relationship between the
different financial facts and the estimates given in the series of financial statements.
ORGANIZATION BACKGROUND
Mercedes-Benz US hires over 1,400 employees and has been awarded a number of
times by Fortune as the largest employer. In July 2015, MBUSA relocated from Montvale,
New Jersey, to Sandy Springs, Georgia. The move will move about 1,000 workers to the area
and build new employment in the northern suburbs of Atlanta.
https://en.wikipedia.org/wiki/Mercedes-Benz_USA
CONCLUSION
It is well known that investing in any organization involves a high level of risk. So,
before making deposits in any company, they must have an in-depth knowledge of past and
record results. On the basis of the available evidence, business patterns can be expected in the
near future.
The financial situation of Mercedes Benz US is very secure with a clever mix of debt
and equity. The cumulative calculation of the financial statements shows the effective
utilisation of savings, loans and advances. The earnings of the company tend to be
impressive, as determined by increased reserves and surpluses.