compensated for their level of effort‚ compared to other sales people and the compensation they receive for their level of work (Daft & Marcic‚ 2010). 2. What needs are met under the commission system? Are they the same needs in the shoes and handbag department as they are in lingerie? Explain. Solution: Higher level needs can be achieved through a commission payment system. Increased commissions and sales effort by the staff can lead to increased recognition of individuals and some will be able to
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same in both departments‚ a straight commission system in the lingerie department does not offer the same level of reward as it does in a shoes and handbags department. The per-item commission on lingerie is much lower than for shoes and handbags‚ resulting in reduced motivation because the lingerie salespeople must sell more products to make the same commission. 3. I think that Patterson should continue on the straight commission plan but alter it slightly. I think that in departments such as the
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* Step 1: Situational Analysis 1. McGregor’s department from its inception has laid a great emphasis on personal service of its clients. James McGregor‚ the current president doesn’t want to destroy its old-world charm‚ which differentiates it from the other departmental stores. But at the same time he is worried that with an old-fashioned image‚ he will not be able to attract young customers and eventually would lead to over reliance on the middle aged and elderly clientele. 2. This year for McGregor’s
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TERM PROJECT Executive Summary and Pro Forma Jeyhun Taghiyev Park University Executive Summary Brothers’ is a convenience store located in Basehor‚ Kansas. This family owned business is conveniently located and the cross section of two major highways (K-7 and I-70). This small company expects to capture market share by becoming the low cost leader in the convenience store market by pricing competitively‚ providing excellent service and products. The major products offered include: newspapers
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Janeza F. Garcia Dr Julia Moreno BSBAMM3A Assignment no. 2 Top 10 1. Amazon For creating a virtuous cycle of commerce interwoven into its technology. The Kindle Fire is the purest expression of tablet as consumption engine. It deftly uses free TV shows and movies to drive Prime memberships that in turn fuel greater retail sales. It also invented a market for 10‚000-25‚000 word stories that didn’t previously exist with its Singles program. The Fire also represents the purest expression
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CASE ANALYSIS When is your Supervisor your own Achilles Heel? I. VIEWPOINT Edgar Joel Marcelo II. TIME CONTEXT Present III. PROBLEM STATEMENT How can Marcelo get a higher position within six (6) months? IV. OBJECTIVE/S 1. To be able to get a higher position within six (6) months. V. AREAS OF CONSIDERATION INTERNAL | EXTERNAL | Strengths | Weaknesses | Opportunities | Threats | - highly qualified for the position as evidenced by his accomplishments
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Department Store Industry NACIS 452111 Table of Contents Introduction…………………………………………………………………………….………… 3 The Industry’s Dominant Economic Features……………………………………………………………..……………………….…… 3 Porters 5 Forces…………...……………………………………………………..…………………………. 7 Power of Buyers…………………………………….……….…………………………….7 Power of Suppliers……………………………………….………………………………. 7 Barriers to Entry…………………………………..……………………………………… 7 Threat of Substitutes……………………………...…………...…………………………. 7 Competitive Rivalry…………………………………………
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discuss and compare the department store industry. I have chosen this industry because I live in Southern California where the retail sector is a major part of business. Shopping malls are prevalent everywhere. I have seen and experienced all the differences among class and status. With a wide variety of demographics in Southern California‚ there are a number of shops and stores to choose from. Department stores range from discount warehouses such as Wal-Mart‚ mid-range stores such as JC Penney‚ and
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The department stores in America and Taiwan A department store is a place that sells a wide range of products to the consumer. The products sold in a department store including everything‚ like clothing‚ cosmetics‚ furniture‚ home appliances‚ food‚ books‚ jewelry‚ and electronics. Managing the department stores is one of the typical big businesses in the world. America and Taiwan‚ have many ways of operating the department stores in common‚ including the way to attract customer‚ a set price‚ the
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TRIBHUWAN UNIVERSITY ADVANCED COLLEGE OF ENGINEERING AND MANAGEMENT KUPONDOLE‚ LALITPUR A PROJECT PROPOSAL ON DEPARTMENT STORE MANAGEMENT INFORMATION SYSTEM (DSMIS) SUBMITTED TO DEPARTMENT OF ELECTRONICS AND COMPUTER ENGINEERING SUBMITTED BY: ABHAY RAJ SHAKYA (502;abhay_rshakya@hotmail.com) ABHINAYA SHRESTHA (503;toerage@facebook.com) HEMANTA SAGAR LAMA (513;hsl_2006@hotmail.com) NISHANT MAN PATI BAJRACHARYA (520;bajra_nish@live.com) JULY 9‚ 2011 Acknowledgement We are thankful to all those
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