By Wendy –Zara exericse 1 Q5. Who are the customer ? The target market is broad‚ women‚ men‚ children that likes fashion and is sensitive to fashion. Q6 .Who are the customers‚ and what product/ service attributes do they consider important? The target market is very broad‚ Zara do not define their target by segmenting ages and lifestyles like what traditional retailers are doing. Its target market is working in big cities‚ with mid range income‚ a young‚ educated person that likes
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Business Description and Management Segment: General Description of the Business: REFILL will be a nutritious energy drink for all the people. It will help to regain lost energy in the body. This production house named Friends & Company will be situated in Gazipur. Friends & Company will be a partnership firm and all of its partners will provide financial support and staffing. In our country most of the ingredients used in producing energy drink are either bought from abroad or from local
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Strategy‚ Organization ZARA perspective To what extent is the Zara production model relevant for other industries? The Zara’s production model is relevant to other industries because it is out of the regular productions frames. It is focused on the product and the customer; it doesn’t separate one from other‚ for Zara the homework is not done until the costumer owns its product. Buying in Zara is taking a chance‚ Zara knows its market very well and knowing this they developed strategy that includes
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Business Decision Models ____________________________________________________________ ________________________ Question 1 (10 marks) Sandra Enright of Techtronics Inc.‚ an electronics supply firm‚ has been examining the times required for stock pickers to fill orders requested from inventory. She has determined that individual order-filling times approximately follow a normal distribution with a mean value of 3.2 minutes and standard
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to ODM principles when it produced smartphones by efficiently catering for carriers’ specifications and requests. HTC’s ODM smartphones continued to generate profit margin as high as 20% compared to industry average of 5%[3]. According to Harvard Business Review‚ HTC shipped more than 70% of the world’s Windows smartphones in 2006 at its peak. HTC won a reputation for excellent smartphones. But it wanted more‚ and began to invest more in innovation before eventually creating its own brand in 2007
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Soft drugs should not be legal Drugs have been a problem for the society for a long time and it is still a going subject. Different kinds of organisations work hard to try keeping people from using drugs‚ however a new problem has occurred. During the last years there have been discussions in some European countries to legalise so called soft drugs. Soft drugs usually means cannabis‚ which is the name for drugs made from the plant called “Cannabis Sativa”. Several countries have a very liberal
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relative to the capital invested by the owners -Financial structure of the firm - Creating a balance between debt and equity on the balance sheet MT 5011 FINANCE FOR ENGINNERING & TECHNOLOGY MANAGEMENT - The Income Statement -It shows cumulative business results within a defined time frame‚ such as a quarter or a year. -It tells you whether the company is
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A company cannot achieve efficiency and effectiveness using one single model. Based on the complexity‚ some functions need more delegation and some areas needs tight integration. Organizational structure significantly influences firm performance. I am working for a multi-nation company‚ involved in various global initiatives to reduce manufacturing cost by consolidating global demand‚ establishing global product sourcing and global IT systems. I have seen “Pressure for integration” from Top management
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1. Key Performance Indicators for Restaurants‚ Cafes‚ Catering‚ Clubs & Hotels http://www.profitablehospitality.com/public/88.cfm 1) Financial perspective * Reduce food loss 2) Internal business perspective * Follow preparation * Follow schedule * Teamwork * Job performance 3) Customer perspective * Challenge 4) Learning and growth perspective * HR development * Self- improvement * Employee’s performance was evaluated through observations
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Question 1 2 out of 2 points A local restaurant offers an "all you can eat" Sunday brunch for $12. Jenica eats two servings but leaves half of a third helping uneaten. Why? Selected Answer: Her marginal value of an additional bite of food has fallen to zero. Correct Answer: Her marginal value of an additional bite of food has fallen to zero. Question 2 2 out of 2 points Websites‚ such as Craigslists and eBay‚ function as middlemen by Selected Answer: increasing the efficiency
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