Essays on Clearwater

Increasing Profits of Clearwater Seafoods

The following suggestions can help Clearwater Seafoods to increase their profits in coming years: Exports The sharp decrease in the Canadian dollar has been beneficial for Clearwater as they are reliant on exporting their products. China provides a lucrative export market for Clearwater as the demand for seafood is increasing in the most populated country in the world (Casey, 2016).

Invest in Scallops

The revenue stream in Clearwater has been supported by their competency in fishing scallops. Also, the company has managed to add additional value to scallops by adding the Argentinean scallops to their product depth. Clearwater needs to add more ...

Question 1

Sources of the problem facing Wight Despite Wright comprehend and being clear on his mandate as the Clearwater Seafood’s Chief Financial Officer (CFO) he had faced several challenges. As CFO, he was required to determine the best way to incorporate company’s foreign exchange risk management program into the overall growth strategy of the firm. The company has been benefiting from a weak Canadian dollar. However, strengthening of the Canadian dollar has become a source of the problem that Wight is facing. According to the article, as the Canadian dollar falls, the company’s foreign exchange risk management ...

Introduction:

Clearwater Technologies was formed by four MIT graduates. The Company deals in customer relationship management servers and focused on providing its services to small to medium sized companies only. The Company is operating in multiple products but QTX is the most successful product and major revenue earner for the company (Susan F. Sieloff and R. M. Kinnunen, 2007). QTX sales represent more than 50 percent of company’s total sales. Clearwater products are known for high reliability with life time technical support at no cost. As QTX is major revenue source for the company, the cash flows from the ...