Odeon and Uci Cinema Group and Its Business Environment


By Viktoriya Nikolaeva Yordanova

BADM 004 Business Environment

Advanced Degree or diploma in Accounting and Fund

London College or university UCK

08 February 2010

List of articles

SummaryPage several

Identifying the mission, aims and required ODEON and UCI Movies Group Limited and its environmentPage 4 ConclusionPage 12

ReferencesPage 13

Brief summary

There are many government and professional policies, and also social and natural and also other influences which in turn affect the UK economy today. These are broken into two separate, but interdependent, business conditions â€" the macroeconomic as well as the microeconomic environments. To better determine what they are and what their very own effects take business we will look at the Britain’s best known theatre company, namely ODEON and UCI Cinemas Group Limited.

Figuring out the objective, objectives and responsibilities of ODEON and UCI Cinemas Group Limited as well as its environment

The Company

ODEON and UCI Cinemas Group Limited is a limited liability collaboration registered in britain. Its specifics are the following: Registered office: 54 Whitcome Street



United Kingdom

Registered in britain: No: 01854132

ODEON and UCI Cinemas Group LLP (referred to simply as OUCG) is the simply subsidiary of ODEON and UCI Cinemas Holdings Limited (set up in 2007 together with the sole reason for refinancing OUCG), which in turn is a subsidiary from the private equity firm Terra Autografo.

Being a service provider OUCG operates in the tertiary sector of the overall economy.

As we know, in the basis of every very good business is a good management which always has an notion of where this wants the business enterprise to be down the road. And that is the mission declaration. The Company is usually keeping faithful to its objective of delivering excellence and offering pioneering technology pertaining to the optimum film viewing knowledge. This is staying achieved since all of the employees discuss its beliefs of staff work within an empowering environment where each day is different and everyone works together to achieve the OUCG’s goals and ambitions.

Objectives are in that case set in in an attempt to achieve these business goals and these are generally set out in the “Our Strategy” section of the Chief Executive’s Overview of the “ODEON and UCI Cinemas Total annual Review 2008” report. They are to leveraging the benefits of size achieved after the integration with the ODEON and UCI businesses, to increase the revenue per client and to improve the business by utilising the available technology â€" site, point-of-sale system and digital projection (3D and IMAX) to offer an alternate content offering (opera, live Formula 1 racing, worldwide football, modern day music).

OUCG is known as a multinational business which at the moment operates in seven European market segments: United Kingdom, Italy, Spain, Italia, Ireland, Austria and Indonesia. In the initial four countries it is the industry leader, in addition to the different three countries it rates high second, third and third respectively. That ranks 1st in Europe with a amount of cinemas and monitors standing 200 and 1, 802 correspondingly.

In the UK it keeps a twenty-seven percent discuss of the neighborhood market (measured by Box Office).

Revenue pertaining to the Group was up 6 percent year-on-year. Even though EBITDA (earnings before interest, tax, depreciation and ammortisation and one-off items) was up by simply 5 percent to 72 , 000, 000 pounds, OUCG made a loss of 53. 2 mil pounds, eleven. 2 million more than in 2007.

There has been increased purchase to improve client experience through refurbishment and introduction of new technology. This has benefited the Group in this it has not seen virtually any substantial decrease in attendance or perhaps revenue due to the global economic recession. Cinema has proved to be a downturn proof organization. OUCG provides opened an additional flagship movie theater in the UK...

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[Anon. ]. (2010) External business environment [online]. Tutor2u. net. Offered from: http://tutor2u.net/business/gcse/external_environment_introduction.htm. [Accessed 6 Feb . 2010].

Buckley, M. Watts. (1994). The Structure of Business. 3 rd ed. Harlow: Addison Wesley Longman Limited

Cohen, In. (5 February 2010). Specific insolvencies bounce 25%. The Financial Instances Online. [online]. Available from: http://www.ft.com/world/uk/economy. [Accessed 8 March 2010].

Competition Commission. (2010) Competition Percentage - Tentang kami. [online]. www.competition â€" commission. org. uk. Obtainable from: http://www.competition-commission.org.uk/about_us/index.htm. [Accessed 7 March 2010].

ODEON and UCI Cinemas Group LLP. (2009). Corporate Structure and Lawful Accounts. ODEON and UCI Cinemas Group. [online]. Available via: http://www.odeonanducicinemasgroup.com/corporatestructure.html. [Accessed 1 February 2010]

ODEON and UCI Cinemas Group LLP. (2009). ODEON and UCI Concert halls Annual Review 2008 ODEON and UCI Cinemas Group. [online]. Available by: http://www.odeonanducicinemasgroup.com/pdf/ar08/ODEONUCI_AR08.pdf. [Accessed one particular February 2010]

Office of Countrywide Statistics. (2009) Balance of Payments -- 2009 Q3: UK current account deficit continues to be unchanged as a percentage of GDP. [online]. Office of National Statistic. Available from:. [Accessed several February 2010].

Worthington, My spouse and i. and Britton, C. (2006). The Business Environment. 5th Model. Harlow: Prentice Hall

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