Chapter 1 I - Background of the study Point of sale is the place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make payment. The merchant will also normally issue a receipt for the transaction. Base in our research‚ the oldest‚ simplest POS system is the cash register‚ but there
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Service Marketing Assignment Service blueprint of a restaurant By: Abhishek Jain (876001) Service Blueprint: The service blueprint is a technique used for service innovation. The service blueprint consists of 5 components: 1. 2. 3. 4. 5. Customer Actions Onstage / Visible Contact Employee Actions Backstage / Invisible Contact Employee Actions Support Processes Physical Evidence 1. Customer Actions This component contains all of the steps that customers take as part of the service delivery process
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HW#3 Run regression analysis using the Energy Drinks Data posted on elearning. You can work by yourself‚ or work in a group (up to 5 students per group) and submit one homework per group. 1. (a) Run the linear regression model that express quantity sales (oz) of Full-Throttle as the dependent variable; the list of explanatory variables are price of Full-Throttle‚ the price of Monster‚ price of Red Bull‚ price of Rockstar and customer count. Submit the excel output. What is the R2 value? What
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Whole Foods PESTEL analysis Grocery stores are the traditional destination for consumers looking to find many day to day items. The need of shoppers to continuously refill and restock their kitchens. Consumers usually have a wide range of grocers to choose from. They can choose from neighborhood supermarkets‚ as well as large retail chains and discount stores. The PESTEL analysis is a tool used to analyze the external environment of an organization. By using the PESTEL framework we can
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STOCKPILING ENGEL’S LAW GENERAL REASONS TO CONDUCT A SALES PROMOTION PROMOTION FOR WHICH ITEM FINANCIAL ANALYSIS THANK YOU NOTE 2 EXECUTIVE SUMMARY: Frozen food division (FFD) is the key contributor to Giant Consumer Product ’s (GCP) profits which have successfully grown over the past 30 years. The company has two main products lines‚ Italian frozen dinner “ DinardoTM”‚ and organic frozen foods “Natural mealsTM ”. However‚ recently FFD has encountered a shortfall in sales volume and gross revenues
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KAIZEN COSTING FOR A RESTAURANT ABSTRACT Kaizen is a Japanese term for “continuous improvement” or “continual improvement”. A philosophy that involves making the work environment more efficient and effective. Kaizen aims to eliminate waste such as “activities that adds cost but does not add value”. It also means “to take it apart and put it back together in a better way”. This is then followed by standardization of this ‘better way’ with others‚ through standardized work. The key objectives
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interchange and interaction 5 4.0 Conclusion and recommendation 6 References 7 1.0 Introduction Competition in the restaurant industry is very competitive. Restaurants compete torwards offering customers real value for money. Every customer wants the best quality of food he or she offers money for and at the lowest price possible. With all food joints with this tough competition in mind‚ it is very important for them to understand what their customers want. La Tante Royale understands
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Fast Food Nation: The Dark Side of the All American Meal By: Eric Schlosser A: Exploring the Text 1. The Fast food industry is worth studying because society as we know it has been raised by the fast‚ fattening food and fast food companies. The way that this food is prepared is even affecting the USA & many other countries as well. 2. Some characteristics of these certain men who got involved with the fast food industry are‚ they have to be willing to take risks‚ know how to please
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Restaurant Billing Sytsem is a system that computes the total sales of the restaurant‚ the profit they earn each day and the negative and positive computation of sales versus the target sales.The system would focus mainly on the development of the restaurant billing system for Mcdonald’s Lipa Ayala itself. It would include the systems database wherein the computation of sales would be kept in a way that only authorized personnel can access. The system can also produce report of sales whenever it
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Its amazing how America as a whole latches on to other cultures‚ and how fast parts of those cultures grow. Sushi made it over to America about 10 years after WW11. Now‚ we see sushi everywhere. According to this article there were 276 sushi restaurants in Los Angeles in 2005. In 2010‚ according to the Huffington Post‚ there is a sushi bar on almost every block. There are four ingredients that are usually accompaniments of sushi: the sushi rice which is usually mixed with rice vinegar (makes
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