Wicklow Minerals

The Wicklow Mineral Water Company Limited Water! exclaimed Jim Hanlon, in disbelief. Actually, bottled water responded beam of light Fullam calmly. Well, its still water, added Jim as he laughed into his glaze over of beer. The above excerpt of a talk took place amongst Jim Hanlon and prick Fullam at a Christmas reunion of their motive employer - Bates and Company, leased Accoun­tants. They had become friends while studying to set downher and compete rugby at college. On graduation, both accepted a byplay offer from Bates and Company in Dublin, which was affili­ated with one of the vainglorious world(prenominal) accountancy firms. Jim took up the position as a trainee comptroller, and Ray accepted a position in the circumspection consultancy division. afterwards a hardly a(prenominal)er years, social contact between the dickens was lost: Jim qualified as a chartered control and now owned a infinitesimal accountancy dress in the country, while Ray c ontin­ued with his prudence consultancy career. Now, they had met again after five years and, after exchanging pleasantries, Ray revealed that he was the to a greater extent worried of the two. He explained to Jim that he had business problems. Eventually, Ray explained in greater detail his current predicament: A few years ago I was on a management con­sulting assignment down the country.

The assign­ment concerned a mineral water company. Twenty years ago, if you tried to hatful out a bottle of water to an Irishman for €1, people would think you were mad. Now, we Irish drink over 100 million litres of bo ttled water a year, and the total mar­ket h! as grown in the constituent of 20 per cent per annum in recent years. The company was small just had good prospects and had won several gold thread awards from the British Bottlers Associa­tion. However, the Company had bad manage­ment, and the owner was boney to retirement. Since then, I kept an eye on what was happening there. beneficial sooner Christmas (2002) the business was put up for sale for what I considered a reason­able price at the...If you command to get a full essay, order it on our website: OrderCustomPaper.com

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