本文主要講的是零售行業介紹，本文以澳大利亞零售企業為研究對象，創新性地利用其主導地位扭曲財務信息，建立虛假的公司估值。該案例涉及Woolworths、Coles、Dick Smith Group、Wesfarmers、Target等企業，這些企業利用自身的弱勢地位，利用優勢地位，進行單方面的討價還價，對供應商進行不道德的施壓行為。這主要是由於零售公司之間的無情和不計後果的競爭，以至於公司濫用其財務實力，在法律範圍之外獲得有利地位。本篇論文代寫價格文章由美國論文通AssignmentPass輔導網整理，供大家參考閱讀。
The paper is about a research study on Australian retail enterprise, which is innovatively involved in misusing their dominant position to twist financial information and build up an artificial company valuation. The case involves the study of Woolworths, Coles, Dick Smith Group, Wesfarmers, Target, etc. which have been indulging in unethical behaviour of arm-twisting suppliers for their weaker position, using superior position to bargain a one-sided agreement, etc. This is primarily caused by the relentless and reckless competition between retail companies, such that companies go to the extent of misusing its financial strength to secure a favourable position out of the purview of law.
Retailers use rebates to make profits from suppliers when market is down, use manufacturing which in turn sources products from workers who work in the worst conditions, underreport cost and amplify profit, and indulge in unfair trade practices to secure favourable financial position. Performance is only measured in terms of shareholder returns and never on the societal benefits that it provides. This incessant focus on greed to constantly compete and beat rivals makes retailers adopt unethical means to meet their end motive. The case reminds of the deep trouble the retail sector has entered, and how difficult it is to come out of it, even collectively.
The case represents one thing for sure and that is greed is omnipotent and rules every human action. In addition, self-interest drives all actions even to the extent of hurting innocent lives and deterioration. Corporates are guilty upfront of the organised crime they indulge everyday by forcing, torturing, and misinforming partners and associates to seek profit and nothing else. Unless greed is removed and replaced with social equality motive, the retail industry shall continue to decline further down to become obsolete.The core of the issues could be the standards on which the entire accounting practice is based and conducted. If the foundation is strong and made to understand the forthcoming temptations and their subsequent consequences, it may make these incidences less attractive, especially for the accountants who are in charge of it.