Introduction to Finance (DP IB Business Management: HL)

Nordic Steel AB, a Swedish manufacturing firm, is evaluating its expenditure patterns. The financial controller has highlighted the distinction between different types of business spending, particularly focusing on capital expenditure in their 2024 budget.

Emirates Trading Group, a Dubai-based retail company, has implemented new cost monitoring systems in 2024. The finance team focuses particularly on managing revenue expenditure to maintain profitable operations.

Mexican Pharmaceuticals SA, a leading healthcare manufacturer, needs to budget for its day-to-day operations in 2024. The financial controller must identify key areas of revenue expenditure.

Finance managers at energy company Portuguese Renewables SA pride themselves on their efficient management of its day-to-day operations. The 2024 financial strategy emphasises the importance of working capital for business stability.

Kenya Coffee Cooperative Ltd, an East African agricultural business, experienced cash flow challenges in 2024 despite strong sales. The finance director needs to review working capital management.

Norwegian Seafood AS, a Scandinavian food processing company, monitors its financial stability closely. Their 2024 annual report emphasises the importance of liquid assets for business operations.

Tesla is expanding its European operations with a new gigafactory in Berlin. The company plans to spend €4 billion on state-of-the-art robotic assembly lines and automated manufacturing systems.