Hello,

I was given the question below:

Select ONE SME business from Australia to use in your case study noting that; SME's (Small to medium Enterprises) are the fastest growing sector of most economies around the world. Recent (Australian) SME growth has been in the areas of: Construction; Manufacturing; Services; Property; Retail; Wholesale You are to respond to the following questions: Classify the business case study you have selected: what type of business is it? What is its classification? You must provide evidence from your research to explain your business classification. Who are the stakeholders for this business? Outline and explain the recent financial performance and the cash flow management of your selected business case study. Financial performance should relate to the overall profitability of the business, you should discuss the income statement and the balance sheet of the company if available; and the share price of the company. You can also research financial trends over time (using graphs) to help evaluate the recent financial performance of your business case study. Consider the growth and expansion of the business in recent times. Analyse the major current and recent sources of change (or challenges) from the business environment that has been impacting on the business. You should analyse both external and internal factors that are currently influencing the conduct and operations of your business case study. Discuss and evaluate the effectiveness of the management strategies used by the business in order to manage change arising from the business environment.

I used these refrences:

https://www.wsj.com/market-data/quotes/AU/JBH/financials https://www.annualreports.com/Company/JB-Hi-Fi-Limited https://www.wsj.com/market-data/quotes/AU/JBH/financials/annual/income-statement https://investors.jbhifi.com.au/wp-content/uploads/2021/09/Annual-Report-Final-Version.pdf https://www.asx.com.au/asxpdf/20200918/pdf/44mrdq9zk6bqrf.pdf https://investors.jbhifi.com.au/annual-reports/ https://www.reuters.com/companies/JBH.AX https://www.ibisworld.com/au/company/jb-hi-fi-limited/

https://tradingeconomics.com/jbh:au:net-income

https://www.wsj.com/market-data/quotes/AU/JBH/financials/annual/income-statement

And gathered the following:

Question 1

• A company known as JB Hi-Fi Ltd, which does business as JB Hi-Fi, is an Australian dealer of consumer electronic products, including televisions, kitchen appliances, and operating systems. It is one of Australia's largest dealers of consumer electronics, and it employs over 1,000 people. John Barbuto and Richard Bourke launched JB Hi-Fi in 1974 as a family business.
• An online retailer of consumer goods, household appliances, and software is the subject of this case study. It is under the category of retailer. Shareholders, management, employees, and customers are all considered to be stakeholders. Consumers who come into the store to purchase what they require are served by retailers who sell them items and services. Clothing, food, automobiles, and computers are just a few examples of the wide range of items and services available.
• Depending on the sort of goods or service they sell, retailers can be divided into categories such as specialty stores, departments stores, discount stores, and convenience stores. Shops that specialize in a large range of products, such as apparel, cosmetics, housewares, and appliances are referred to as department stores or big box stores. They are often larger in scale than other types of stores and may have multiple locations.. Department shops often provide a wide range of services, such as credit and layaway, to their customers.

Question 2

• JB Hi-Fi operates more than 190 locations around Australia. In recent years, the company has experienced continuous development in both revenue and profit. The corporation reported revenue of $4.2 billion and a net profit of $146.2 million for the 2016 fiscal year, according to financial statements. This represented a rise of 5.8 percent and a 9.8 percent gain over the previous year, respectively. The stock price of the corporation has also increased steadily in recent years, and it is currently trading at roughly $24.
• The company has been able to achieve this success through the expansion of its shop network as well as the provision of a diverse product selection. As the consumer electronics sector continues to develop, JB Hi-Fi is well positioned to benefit from this expansion. Revenue and profit are likely to improve as the company continues to expand in the coming years.
• With 34 years of experience, JB Hi-Fi Limited has exhibited a consistent rate of growth and expansion as an established Australian business in the consumer electronics industry. Among the world's leading manufacturers of home entertainment systems and white goods, JB Hi-Fi Limited is widely regarded as an industry leader.
• Customers of the company, which has over 316 locations, benefit from a varied choice of discounts and offers that allow them to get the latest technology at a lower cost. JB Hi-Fi Limited offers a wide range of interest-free payment options to consumers in order to give them greater financial freedom and choice.

Question 3

Sources of change that are external to the organization

• Technological advancements: The consumer electronics market is changing at a quick pace, and JB Hi-Fi must keep up with the latest developments in order to maintain its competitive edge.
• In order to be successful in the consumer electronics sector, JB Hi-Fi must maintain a competitive pricing and product offering in order to maintain its market leadership position.
• Economic conditions: The global economy is in a state of flux, which is having an influence on consumer purchasing. Consumer electronics companies in the premium class are particularly hard hit by this phenomenon.
• Regulatory changes: The government is enacting new rules that will have an influence on the consumer electronics market, such as the rollout of the National Broadband Network.

Internal

• First and foremost, JB Hi-Fi is extending its shop network in order to reach a larger number of potential customers.
• New product introductions: JB Hi-Fi is continuously releasing new items in order to stay up with the newest fashion trends.
• Management changes: JB Hi-Fi has had a number of management changes in recent years, which has had an impact on the company's operations.

Question 4

• JB Hi-Fi has put in place a number of management techniques to deal with the changes that have occurred as a result of the business climate. A focus on the consumer, a commitment to innovation, and an emphasis on efficiency are just a few examples.
• The devotion of the organization to offering competitive prices and a diverse selection of items demonstrates its commitment to the customer. JB Hi-Fi is also committed to innovation, which allows the company to keep one step ahead of the competition. The company's emphasis on efficiency helps it to keep expenses down and pass savings on to clients, which benefits both parties. While operating in a competitive retail climate, JB Hi-Fi has been able to maintain its performance thanks to these management practices.
• JB Hi-Fi has put in place a number of management techniques to deal with the changes that have occurred as a result of the business climate. The employment of committees to make decisions is an example of such a method. Example: The Merchandising Committee meets every two weeks to make judgments regarding what products to stock in retail locations, such as grocery shops. This technique provides for a more democratic decision-making process, which can aid in the management of change that occurs as a result of changes in the corporate environment.
• A key performance indicator (KPI) system is yet another management method employed by JB Hi-Fi Corporation (KPIs). The performance measurements used to track progress and performance in relation to goals are known as key performance indicators. This plan can aid in the management of change that arises from the business environment by allowing the organization to track progress and make adjustments as needed to the strategy.
• Finally, JB Hi-Fi adheres to a decentralization policy in its operations. The result is that decisions are made at a more local level rather than at the national or international level. This method can aid in the management of change that arises from the business environment by granting store managers greater autonomy to make decisions that are appropriate to their specific geographic area of responsibility.

How do I arrange the information so that its in a "structured written research task, in the form of a business report or extended response."?

I would love an attachment, maybe on google docs

thx