The Wicklow Mineral Water Company Limited Water! exclaimed Jim Hanlon, in disbelief. Actually, bottled pee responded beam of light Fullam calmly. Well, its still water, added Jim as he laughed into his glaze over of beer. The above excerpt of a confabulation took place amongst Jim Hanlon and irradiate Fullam at a Christmas reunion of their cause employer - Bates and Company, leased AccounÂtants. They had become friends while studying to set downher and play rugby at college. On graduation, both accepted a byplay offer from Bates and Company in Dublin, which was affiliÂated with one of the adult world(prenominal) accountancy firms. Jim took up the position as a trainee comptroller, and Ray accepted a position in the circumspection consultancy division. subsequently a hardly a(prenominal)er years, social contact between the deuce was lost: Jim qualified as a chartered controller and now owned a wee accountancy behave in the country, while Ray contin ued with his counseling consultancy career. Now, they had met again aft(prenominal) five years and, after exchanging pleasantries, Ray revealed that he was the more worried of the two. He explained to Jim that he had business problems. Eventually, Ray explained in greater detail his current predicament: A few years ago I was on a management conÂsulting assignment down the country.

The assignÂment concerned a mineral water company. Twenty years ago, if you tried to dish out out a bottle of water to an Irishman for â¬1, people would deliberate you were mad. Now, we Irish drink over 100 million litres of bottled water a year, and the total marÂket has grown in the neighbourhood o f 20 per cent per annum in recent years. The! company was small just had good prospects and had won several gold laurel awards from the British Bottlers AssociaÂtion. However, the Company had bad manageÂment, and the owner was dear to retirement. Since then, I kept an eye on what was happening there. only when sooner Christmas (2002) the business was put up for sale for what I considered a reasonÂable price at the...If you exigency to get a full essay, order it on our website:
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