Chapter 01 Introduction to the World of Retailing Multiple Choice Questions 1. (p. 6) What is retailing? A. It is the merchandising component of the retail mix. B. It is the set of business activities that adds value to the products and services sold to consumers for their personal use. C. It is the strategy retailers and vendors use to get products into the stores. D. It is the process of offering products in smaller quantities for consumer consumption patterns. E. It is the
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thought of how to pay long-term debt‚ how to survive and how to avoid further expenses. Human Resources- Due to cost-cutting‚ employees are reduced into lower number. Time- Alternative Courses of Action: * Conduct external factor evaluation (EFE Matrix) and internal Factor evaluation so that the company will have a realistic information to use in choosing the best strategy to pursue. The disadvantage of IFE compared to other tools is that it is subjective but it is far more realistic. The
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opportunities and threats in recent issues of newspapers and magazines and on internet‚ relevant to this sector. Find out the weaknesses and strengths of that firm and prepare a precise and comprehensive SWOT analysis in bulleted form. (10) Prepare the EFE matrix for that company with not more than 10 external factors relevant to the firm. (5) Prepare the IFE matrix for the company with not more than 10 internal factors of the firm. (5) Construct a large nine-cell diagram that will represent your
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turned into 100 mini-stores within each J.C. Penney. Unfortunately‚ the plan was executed sloppily and J.C. Penney took a 25% loss in just one year. Ron Johnson was fired after only 17 months. J.C. Penney is now searching for a way to survive. The JCPenney Company considers its customers as its number one priority and has provided them with an abundance of sales and promotions. Today‚ JCP has further expanded its brands into on-trend fashions and partnered with successful product lines such as Sephora
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2011-2012 2012-2013 2011-2012 2012-2013 Current Ratio 2.5 2.5 3.4 4.0 Quick Ratio 0.5 -0.2 0.6 1.0 Long Term Debt to Equity 0.2 0.4 2.7 1.8 Inventory Turnover 12.9 10.0 9.3 8.6 Total Assets Turnover 1.4 1.4 1.4 1.4 Accounts Receivable Turnover 65.1 58.8 48.9 39.2 Average Collection Period 5.6 6.2 7.5 9.3 Gross Profit Margin 0.4 0.4 0.4 0.4 Net Profit Margin 0.0 0.0 0.0 0.0 Return on Total Assets (ROA) 0.0 0.1 0.1 0.1 Return on Equity (ROE) 0
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Habitus Habitus is part of a set of learned characteristics‚ skills and ways of acting‚ that are often taken for granted and which are acquired through the activities and experiences of everyday life. Pierre Bourdieu defined habitus and something that is created through a social rather than an individual process leading to patterns that are long term and versatile from one context to another‚ but that also shift in relation to specific contexts and over time. He argues that characteristics
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SHELL Group 3 SHELL CHANDRAN PBS 1312081 KARTHIA KUMAR PBS 1311215 LOKE WAI TENG @ Ivy PBS 1321254 NOOR DASRAFEEZAL PBS 1312083 ARWIDAH PBS 1311116 LEE VOON CHIEN PBS 1311225 GOH JING WEI PBS 1311067 OUTLINE 1. INTODUCTION 2. PESTLE ANALYSIS 3. EFE MATRIX 4. IFE MATRIX 5. IE MATRIX 6. CONCLUSION 7. REFERENCES INTRODUCTION • Shell‚ one of the world’s largest and most profitable multinational companies. • Shell is a global group of energy and petrochemical companies. Its aim is to meet the energy
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Internal-External (IE) Matrix THE IFE TOTAL WEIGHTED SCORES Strong Average Weak 3.0 to 4.0 2.0 to 2.99 1.0 to 1.99 Grow and build 4.0 3.0 2.0 t n [pic] THE EFE Medium TOTAL 2.0 to 2.99 WEIGHTED SCORES Low 1.0 to 1.99 High 3.0-4.-0 Hold and maintain Harvest
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External Factor Evaluation (EFE) Matrix An External Factor Evaluation (EFE) Matrix allows strategists to summarize and evaluate economic‚ social‚ cultural‚ demographic‚ environmental‚ political‚ governmental‚ legal‚ technological‚ and competitive information. The EFE matrix consists of five steps process. Five-Step process: • List key external factors (10-20) Opportunities & threats. You have to prepare a list of all external factors which will affect the EFE matrix. These factors should
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Prof: James Glenn International Finance FIN: 535 Strayer University Spring 2013 15. DFI Strategy: A. What comparative advantage does JCPenney have when establishing a store in a foreign country‚ relative to an independent variety store? B. Why might the overall risk of JCPenney decrease or increase as a result of its recent global expansion? C. JCPenney has been more cautious about entering China. Explain the potential obstacles associated with entering China. ANSWER: A. J.C. Penney
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