The paper "Accounting, Behavior, and Organization" is a great example of a case study on finance and accounting. Organizational structure is the manner in which a company groups its employees together in order to coordinate, manage, and control organizational elements such as resources, people, or activities. Understanding organizational structure is a significant step towards designing the company’ s management accounting systems. JB Hi-Fi Ltd is a retailer of branded home entertainment and electronic products in Australia and New Zealand. The company has positioned itself as the best entertainment and electronic products retailer in the industry due to its excellent business operations in the region.
This report provides JB Hi-Fi Ltd's background as well as discuss the business strategy of the company together with its organizational structure. The mission, competitive advantage, and the company’ s key success factors are exceptionally discussed. Business Background JB Hi-Fi Limited is an Australian company operating as a discount retailer of branded home entertainment and electronic products. It was founded in 1974 by Mr. John Barbuto (JB) as a single store in East Keilor, Victoria. The company majors its business in Australia where it has 163 outlets.
Similarly, JB Hi-Fi Limited has business in New Zealand operating 13 outlets. In general, JB Hi-Fi has approximately 6,600 employees responsible for the company’ s business across all outlets (JB Hi-Fi Ltd. , 2014). Accordingly, the company is listed on the Australian Securities Exchange using the code JBH and Chadstone, Victoria is where the company is headquartered. JB Hi-Fi sells commodities including consumer electronics, games, and consoles, mobile phones, and accessories together with DVDs, CDs, and other audio equipment. The commercial division of the company provides telecommunication and electronic products to businesses such as the hospitality and education sectors. JB Hi-Fi constantly improves its business operations whereby it currently operates discount electrical superstores (JB Hi-Fi Ltd. , 2014).
Some of the main products sold in these superstores include consumer electronics, cooking appliances, white goods, and air-conditioning. Superstores are branded JB Hi-Fi HOME and the company is expecting to open these superstores throughout Australia.
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