Fudge Creations Ltd

Andrew M. McCosh and Michael J. Earl

Chapter 9 in Accounting Control and Financial Strategy, 1978, pp 81-85 from Palgrave Macmillan

Abstract: Abstract Jonathan Burke, a recent graduate from a reputable school of business, had been appointed assistant to the chairman of Fudge Creations Ltd in May 1974. The company was of above average size for the specialist confectionary business in its region, and was engaged in the manufacture and wholesale distribution of high-quality, high-priced fudge. The company’s founder and chairman, Armando Morrazoni, described himself as a creative confectioner, and had also proved himself to be an able businessman by building the company from scratch to its present size (see financial statements, Exhibits 1 and 2) in 18 years. Fifteen hundred employees were attached to the firm at the end of 1973, more than half of them women. The company was the town’s biggest employer of female labour. Ample work was available for men, but there were few alternatives for women.

Keywords: Cash Flow; Finish Stage; Cent Ofthe; Small Parcel; Wholesale Distribution (search for similar items in EconPapers)
Date: 1978
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DOI: 10.1007/978-1-349-15947-5_9

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