The purpose of this report is to provide a reflection about the learning that I have obtained from the assignment of week 3. The reflection will highlight upon the knowledge that is gained from the proposal of that was done on the financial performance of Vodafone and also few of terms that are related to the financial management of the company are also highlighted upon. The reflection will also aim to highlight upon the need of the further research in the future that can help to get in depth knowledge about the financial performance management of Vodafone.
From the given proposal this clear that Vodafone is one of the renowned communication company that has it’s headquarter in London. I do strongly believe that effective Financial Management is one of the major reasons for the success of Vodafone Company in all over the world and thus they are able to establish themselves as one of the renowned communication Enterprise in the Global market. I have also able to learn that one of the major reason for success of Vodafone company as they are able to employ effective financial technique that are able to attract several investors from all around the world which helps the company to occupy a significant position in the stock market and able to perform effectively with new financial policies. The aim of the research proposal was also effectively determined that help to evaluate the various financial aspects of Vodafone and also have provided recommendations to improve upon the current situation which I believe needed significant needed significant improvement.
From the literature review of the current research proposal I have been able to gain vital information about the current financial performance of the company along with the gaps that exist in a current literature that provides for the scope of improvement of the financial performance management. Effective accounting technique factor was given as one of the major element of financial performance of Vodafone that has enabled to determine the past record of the company and also uses information to calculate various financial ratios and performance. I do strongly believe that this information is highly important in making future financial plan of the company and also able to reduce the impact of global financial crisis. The various ratio factors including liquid measurement ratio and profitability ratio has helped to understand the exact current financial performance of the company and also its gradual improvement throughout the year. The literature review has also revealed some of the limitations which I believe are one of the major causes of poor financial performance of the Vodafone Company during the time of crisis. However I strongly believe that the past record of the company has been one of the major reasons for present success and also effective future development planning process.
The similar project have also highlighted upon the factors which I believe had major impact on the world financial performance of the Vodafone Company. The accounting technique factor is regarded as the major element that has enabled the company to compare various financial ratios within the past few years. This factor has also been able to highlight up on the current financial circumstances all the Vodafone Company that has enabled the current project research to properly identify the areas of weakness and strength of the financial department of Vodafone and also suggest ways of further improvement. The various ratio factor elements of the financial performance has enabled the company to be one of the major multinational corporations of the world and established himself as a major influencer in the stock market in various parts of the globe. I have also learnt that with the help of this ratio calculator it is possible to measure the overall profit of the company in various markets and also have the exact audit report that can evaluate the overall performance in a financial department of the company in various parts of the globe. With the help of inventory performance ratio it is possible to divide the overall profit of the company and is also one of the effective ways to detect the exact source of profit financial loss that the company is suffering. I think this is one of the effective ways that can be applied by the company in order to make their future plan of investment in various markets throughout different parts of the globe and also identify the proper reason for the financial loss. The implication of different parts of the company suggest that overall financial performance of the company needs to be measure effectively in order to calculate the overall interest and earning from define markets of the globe and the Vodafone company I believe can use this information in order to have a legitimate future plan and decide upon the investment that needs to be implemented in order to increase the profit margin. I do strongly agree upon the fact that the researchers have effectively able to apply these techniques of financial ratio in order to properly assess the current financial condition of Vodafone and also predict the future improvement and scope of further research about the financial performance of the company.
There has been a past few record of the company where the management and the financial department have spent money on insignificant purpose and that has not able to provide fruitful interest and Returns. This has been the cause of poor financial background of the company and also enables the fact that the company is not able to deliver effective financial performance and return to all the investors and shareholders. This is I believe one of the major reason of poor reputation of the Vodafone company in different parts of the world.
The research proposal has been able to highlight few of the drawbacks and limitations of the current existing literature that exist in the financial department of the Vodafone Company. There are also few gaps in the previously conducted research of the company and also the financial performance that has helped me to understand the need of further improvement and also the scope that can be utilised by the Vodafone Company to increase upon their profit margin in the coming financial years. There has not been effective technique that I believe needed to be applied in order to collect the profit and loss margin ratio in respect to the monetary performance of the company in the past few years. The contemporary research work has also not able to highlight up on the exact reason for financial loss of the company in various parts of the globe and also predict upon the future of company. Lack of proper data in the finance audit report and also lack of implications has been one of the major reasons that the company has not been able to expand its market in different parts of the globe.
In the context of the current research gap and limitations that exist in the previously conducted investigation related to the financial performance of Vodafone, I strongly believe that for the research project and in-depth knowledge of the finance department is needed that can help to improve upon the current scenario of Vodafone company and also provide proper validation of the future research. The future research can also able to highlight up on the contemporary issues related to the financial performance of the company and also highlight upon the ways that can be implemented by the Vodafone Company in order to improve upon the financial performance. Advanced understanding of the financial performance can also help the Vodafone Company to get detailed information about their profit and loss margin ratio.