Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Abbey Properties Limited in Recession - Dissertation Example

Comments (0) Cite this document
Without any doubts, out of the few businesses, which were hit hardest by the recent recession, housing and real estate businesses were amongst the top of this list. Important here to note is that this is true for two important reasons. This has been the historical trend that just before the recession, real estate prices hit their peak…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93.9% of users find it useful
Abbey Properties Limited in Recession
Read Text Preview

Extract of sample "Abbey Properties Limited in Recession"

Download file to see previous pages Model of Entrepreneurial Strategies used by Abbey Properties Limited
The literature review mentioned four possible entrepreneurial approaches that small and medium sized firms in United Kingdom use during a recession. Despite the fact that the case of Abbey properties limited did not appear to be fitting completely in any of these four categories, it was somewhere between the “Migrating Geese” and Lambs to Slaughter” model with a greater inclination towards the former. Without any doubts, Abbey was far away from being the “Hibernating Beers” since it did not shut its operations. In fact, the recession hit the United Kingdom in the second quarter of 2007 and the company’s financial statements did not show any signs of a recession for the year 2007. In fact, there was no need for an emergency up until the start of 2010.
Even that the company was faced with a period where there were no sales at all for the company, it did not shut its operations or went into the hibernation mode. In fact, there are also no signs that the company had fired any employees, shrank in terms of size, shut down its offices or any others. Furthermore, the evidence suggests that the company did not also fit the description of “Sensible Squirrels”. In fact, it is important here to note is that many small and medium sized organizations in United Kingdom and United States are least likely to fit into the description of “Sensible Squirrels”. ...
In fact, there are also no signs that the company had fired any employees, shrank in terms of size, shut down its offices or any others (Landstrom, pp. 160, 2009). Furthermore, the evidence suggests that the company did not also fit the description of “Sensible Squirrels”. In fact, it is important here to note is that many small and medium sized organizations in United Kingdom and United States are least likely to fit into the description of “Sensible Squirrels”. Many of these companies operate on a day-to-day, week-to-week or monthly basis (Buckley, pp. 69-71, 2011; Stokes, Wilson & Mador, pp. 26, 2010). This is exactly what differentiates them from large organizations. Big corporations and companies are more likely to have a vision, mission, clear and well defined strategy with long-term plans. On the other hand, small and medium sized organizations are more likely to look at the short term opportunities and challenges and due to their limited, scope, financing, funding, resources and others, they will restrict themselves to the “wait and watch” zone (Weale, pp. 5, 2009; Stokes, Wilson & Mador, pp. 26, 2010). This explains why every year, thousands of small and medium sized business go bankrupt or they announce closure because of their short-term mentality. Gone are the days when businesses had the chance to have short term or reactive mindset. The macroenvironment is quickly changing that firms, which take more than a while to react, find themselves having outclassed by their competitors in every possible way (Arestis, Sobreira & Oreiro, pp. 201-202, 2011). The interviews with the Director and General Manager of Abbey Properties did indicate that the ...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
(“Abbey Properties Limited in Recession Dissertation”, n.d.)
Retrieved de
(Abbey Properties Limited in Recession Dissertation)
“Abbey Properties Limited in Recession Dissertation”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Abbey Properties Limited in Recession

Alcoholic Drinks in the United Kingdom: Larghall Leisure Limited

Yet, more and more studies have shown that binge drinking, particularly in underage drinkers, is becoming a growing problem. Binge and underage drinking could affect Larghall Leisure Ltd.’s pub licenses for a couple of reasons.
 A proposal to impose a forty-eight-hour ban on any pub consistently caught supplying alcohol to underage drinkers has been initiated (Great Britain 2005). Pubs will also need to have a drug policy by April 2006. The license council and police will inspect the pubs more frequently. There is also a new ban on irresponsible drink promotions and low priced promotions (Great Britain 2005). These new laws might have far-reaching implications on Larkhall Leisure Ltd.’s pubs.
The need ha...
7 Pages (1750 words) Assignment

Corporate Financial Analysis: HBG UK Limited

Analyzing a company’s financial performance is crucial in determining the actual performance and investment potential of a business within the industry. The financial analysis not only gauges the internal but also the external aspects of a company.

Specifically, the use of financial ratios is considered as efficient indicators of a company’s financial situation and overall performance. Most of these financial ratios are calculated from the data provided within the financial statements of the company. Financial ratios are not used only in determining the performance of the company but also in comparison to other competitors’ financial status and the possibility of future bankruptcy.

HBG UK Li...
14 Pages (3500 words) Case Study

Jane Austens Fidelity and Betrayal in Northanger Abbey

... Jane Austen’s Fidelity and Betrayal in Northanger Abbey Jane Austen has been a long-debated figure in British literature. As a female pre-Victorian writer, she presents a view of the world not typically captured in other literature of her time. “Hers was chiefly the outlook of the present tense. … She took her world as she found it, wishing for nothing better” (Bald, 1963: 2). Yet in presenting the people she saw around her throughout her series of social novels, Austen nevertheless made commentary upon the world she lived in, perhaps capturing something between the lines that has been missed in modern criticism. In working to capture the “polite social relationships between members of the landed classes within the context...
7 Pages (1750 words) Book Report/Review

Fundamental Difference between a Partnership, a LLP and a Private Limited Company

An unqualified form of partnership places the entire burden of business liability on the partners of the firm. On the other Limited Liability Partnership (LLP) and a Private Limited Company do not impose as much liability as the Partnership does.  

An LLP is almost similar to a standard form of a partnership without unlimited liabilities on the partners. Partners’ liabilities are differently prescribed in that liability caused by any error of one partner need not affect the other partners. State registration is required but some of the states stipulate that partners should take liability insurance or has adequate assets to meet likely claims. This is very much applicable to firms of professionals like account...
13 Pages (3250 words) Term Paper

Problem of Economic Recession

...Economic Recession: In the present time, the word recession is being widely used by almost every body to describe the ongoing global economic scenario, which has been experiencing a huge down turn since 2008. All the media across the world is talking about recession every day. Whether it is a news paper, on a news channel on television, or some news bulletin on radio, everywhere people are talking about recession, the methods to recover from the recessionary situation and so on. In short, the economic phenomenon ‘recession’ has been gathering huge attention of people across the world since quite a long time. Recession is actually a macroeconomic phenomenon. The present paper will look into the issue of recession. It will first make...
13 Pages (3250 words) Term Paper

The Great Recession and France

Some countries have pushed for an international consensus on issues of concern to all. France, which has suffered severely from the crisis, with an economic contraction and rising unemployment, has tried stand in opposition to the UK and the United States both of which believe minor financial regulations can alter and improve the situation—France would like to see more wide-ranging reforms accomplished through the increased unification of Europe. Efforts to deal with the crisis have led the French government to seek out more partners in Europe and try to push Europe wide reforms and a sort of European (as opposed to American) new capitalism. The government of Sarkozy has criticized British tax cuts and suggested the key to g...
8 Pages (2000 words) Coursework

Management Accounting at Venture Corporation Limited

..., traditional budgeting and variance analysis are very important in the present manufacturing environment in order for a company to meet the global competition. This paper looks at the relationship between management accounting system and a company in Singapore. Venture Corporation Limited was founded in Singapore in 1984 and mainly deals in manufacturing of electronics. The company is a global company that provides high-tech products and services, offers world class management and innovative technology. The company has an excellent track, qualified expertise and expertise placing the company as a first class service and products provider. The company is highly reputable and this has earned it world class customers such as HP, Intermec, IBM...
8 Pages (2000 words) Case Study

Effects of Economic Recession on American Jobs

... been incurred could be paid back. This can be easily achieved by if the US economy continues to grow like it did grow by 5 to 8 per cent after the end of economic recession. However, it is important to realize that the recovery of economy is not occurring in a V-shaped pattern. Instead, the economic recovery is likely to occur in a U shape or an L shape, thus making the process of recovery slower. “House prices fell between the fourth quarter of 2009 and the fourth quarter of 2010 in 98 of the 100 largest metropolitan areas” (Wial). Florida is among those states that has the worst property bubble in the US. Florida will take too long to have the housing market recovered. In the past, people used to let go of the house into foreclosure...
6 Pages (1500 words) Coursework

Northanger Abbey by Jane Austen

... Northanger abbey by Jane Austen Introduction Northanger Abbey is the of the first novel by Jane Austen. However, her previous writings were Pride and Prejudice and sense and sensibility, but she did not publish them. In reference to Cassandra Austen’s, the author wrote the book between 1798 and 1799. Austen later revised the book in 1803 and made sales all through London at a cost of £10; the editor later sold the new product to the author’s brother in 1817. At this time, Austen had over four well selling novels. The author’s brother later edited the novel and brought it to the market once again. This was the time when the book attained the new title (Austen 8). Plot summary Northanger Abbey follows in a family setting, with a company...
6 Pages (1500 words) Book Report/Review

Shell Petroleum Company Limited, United Kingdom

...Regents Shell Oil Company, United Kingdom by [Lecturer’s and Number] Shell Petroleum Company Limited UnitedKingdom Table of contents Contents Table of contents 2 Introduction. 3 Tax and Legal Operations of Shell UK. 3 Environment Pollution Challenges Facing Shell UK. 4 Future Research and Developments by Shell UK 7 References 9 Introduction. Shell Petroleum Company Limited, United Kingdom is one of the subsidiary companies of the Royal Dutch/Shell groups of companies. Shell UK is involved in the exploration and production of oil products, chemicals, gas, and power. The smaller divisions of the company specialize in exploration and production of hydrogen, coal, forestry and renewables. In the recent years, Shell has established...
8 Pages (2000 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Dissertation on topic Abbey Properties Limited in Recession for FREE!

Contact Us