JD Sports

Question 1

Describe the purpose of a cash flow forecast/statement and explain how JD Sports utilises it.

Answer 1

Business planning, Cash flow management, Risk management.

Question 2

Define financial control and provide three examples of measures used by organisations like JD Sports to manage their financial resources.

Answer 2

Measures an organisationEnhancing customer experience, Managing financial performance, Improve market effectiveness. uses to monitor and manage its financial resources.

Question 3

Discuss the potential consequences of poor financial control at JD Sports.

Answer 3

Predicts cash movements for financial planning.

Question 4

Explain how inefficient cash flow management could impact JD Sports’ supply chain.

Answer 4

Monitoring cash position, Identifying cash inflows and outflows, Forecasting cash flow, Assessing financing needs.

Question 5

How does poor financial control impact JD Sports’ reputation and growth opportunities?

Answer 5

Poor financial control at JD Sports can lead to cash flow problems, financing difficulties, fraud risk, missed opportunities, investor loss, and business failure