Product details

By continuing to use our site you consent to the use of cookies as described in our privacy policy unless you have disabled them.
You can change your cookie settings at any time but parts of our site will not function correctly without them.

Abstract

In 1997, Grupo Elektra was a Mexican retailer of home appliances and home electronic products via a network of stores throughout the country. In 1990, the company re-instated an instalment sales plan that granted credit to Mexican consumers for purchases made in Elektra''s stores. Since that time, credit sales, as a proportion of total sales, had continued to grow rapidly.The student is asked to compare the performance of the company with that of a public Canadian company, in a similar industry. The student must consider how to factor into the analysis the fact that Elektra operates in a high inflation environment, which is reflected in its financial statements, and the difference in the way the two companies operate.The Canadian company out-sources its credit facilities, whereas Elektra provides this service to its customers internally. This is a follow-up to the (A) case of the same name, 9A98B032.
Location:
Size:
Large

About

Abstract

In 1997, Grupo Elektra was a Mexican retailer of home appliances and home electronic products via a network of stores throughout the country. In 1990, the company re-instated an instalment sales plan that granted credit to Mexican consumers for purchases made in Elektra''s stores. Since that time, credit sales, as a proportion of total sales, had continued to grow rapidly.The student is asked to compare the performance of the company with that of a public Canadian company, in a similar industry. The student must consider how to factor into the analysis the fact that Elektra operates in a high inflation environment, which is reflected in its financial statements, and the difference in the way the two companies operate.The Canadian company out-sources its credit facilities, whereas Elektra provides this service to its customers internally. This is a follow-up to the (A) case of the same name, 9A98B032.

Settings

Location:
Size:
Large

Related