Shortened Labour expenditure
Labour expenditure is shortened by implementing the right technology. The shortening of expenditure helped in restoration of fund that could be used for improving the infrastructure of the company (Kraj??kov?, & Vojtovi?, 2014).
Professional business units
The professional business units make all the business units more stable. The professional units help all the unit of the business to achieve their target in a professional. Company like Melbourne IT limited is successful as it has definite professional units.
Boundaries of market section
This company mainly focuses with the domestic marketing and attracts its consumers in that particular platform. It is mainly used for catering the small amount of customer in a very limited area.
Money related help gave
They provide their helping hand financially to the poor and the needy people from their percentage of the profit margin.
Far reaching Service Portfolio
Service portfolio includes the services that are being included in the portfolio. In this situation service portfolio can help the company in improving the credentials.
Solid Financial Performance
The performance of the company on the financial ground is in a high form. The financial performance for any company needs to be in a state of solid for the proper growth of the company (Eklof et al., 2016).
The company pays a huge amount of government tax. The taxes paid to government results in expenditure of fund for the company (Cerqueiro, Ongena & Roszbach, 2016).
Higher loan rates
The business is shelling out a considerable portion of its profit amount as high tax for the loan it took.
Weak liquidity position
This means that the disparity between the amount of liquid possessions and arriving cash flows on one side and outgoing cash flows resultant from commitments on the other side.
The company has potential to develop enthusiasm amongst its customers by launching new products and/or services
The company can think of penetrating into new markets by initiating fresh products and/or services
Pay level is at a consistent increment
The company has sturdy employee retention as it increases worker’s salary on a consistent basis.
The company has taken several initiatives to be one of the future leaders within the serving industry. Some of the noticeable drives are employee engagement, employee training, client satisfaction survey etc. are ways to analyse the present situation and equip itself for future growth
Developing Demand for Cloud Computing
The company is looking into developing more advanced ways of doing business. Adoption of such technology will help the business to run successfully in this highly demanding market place (Moreno-Vozmediano, Montero & Llorente, 2013)
The company has acquired Telstra, ANZ app developer as well as the Victorian app developer with business value of 67million dollars.
The company needs to think of how to decrease tax expenses or else it would be very challenging for it to run profitably
The company should think of was to decrease expenditure costs or else it would be very challenging for it to run profitably in this high competitive market
The cash flow is an important structure for the company. The flow of the cash should be maintained. The account analyst has not performed that well for the company and the outgoing of cash is done in bad investments.
Expanding in IT Complexity
High expenditure in IT is a great challenge for the company. To become one of the futuristic companies, it needs to invest a lot in IT segment.
The company needs to experience vast technological changes to embrace futuristic business methods. For this the company needs to shell out huge amount of money
Deficiency of Professional Staff
The company does not have skilled employees to endure such technological changes. Therefore the technical challenges are to be overcome by implementing good information system in organization.
Cerqueiro, G., Ongena, S., & Roszbach, K. (2016). Collateralization, bank loan rates, and monitoring. The Journal of Finance, 71(3), 1295-1322.
Ekl?f, J., Hellstr?m, K., Malova, A., Parmler, J., & Podkorytova, O. (2016). Customer perception measures driving financial performance-theoretical and empirical work for a large decentralized banking group.
Kraj??kov?, E., & Vojtovi?, S. (2014). NEW DIMENSIONS OF THE LABOR MARKET AND EMPLOYMENT. PROBLEMS OF SOCIAL AND ECONOMIC DEVELOPMENT OF BUSINESS, 15.
Moreno-Vozmediano, R., Montero, R. S., & Llorente, I. M. (2013). Key challenges in cloud computing: Enabling the future internet of services. IEEE Internet Computing, 17(4), 18-25.