Musimundo (Spanish version)

  • Reference: HBS-105S12

  • Year: 2004

  • Number of pages: 22

  • Geographic Setting: Argentina

  • Publication Date: Nov 8, 2004

  • Fecha de edición: Aug 29, 2005

  • Source: HBSP (USA)

  • Type of Document: Case

  • Industry Setting: Retail trade

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Description

Mario Quintana, managing partner of Pegasus Capital, was preparing for the upcoming Musimundo board of directors meeting. He was satisfied with the investment decisions of the entertainment retailer, as actual performance surpassed the initial budget. However, given a recent market rebound, Quintana worried that the firm might be falling short of its potential. Additionally, the board of directors would have to analyze a proposal to reset sales targets for the different stores.

Keywords

Accounting Budgeting Budgets Control systems Performance appraisals Performance management Variance analysis