INTRODUCTION NTUC Fairprice Co-operative Ltd (NTUC) was founded in 1973 by the labour movement. Its first supermarket was opened in Toa Payoh in the same year. NTUC has now grown to become Singapore’s largest retailer‚ with a network of more than 270 stores comprising FairPrice Supermarkets‚ FairPrice Finest‚ FairPrice Xtra‚ FairPrice Xpress and Cheers convenience stores. NTUC also owns a Fresh Food Distribution Centre and a centralised warehousing and distribution company. Sales in 2013 were
Premium Online shopping Retailing Electronic commerce
Reporting Income for Dot-Coms Priceline.com 1. Under the current system of accounting‚ the company would record revenues of $250 as they are the merchants to the transaction and $200 (80% of transaction value) as their cost of goods sold. 2. Alternatively‚ the company can net off the effect and show $50 (20% of transaction value) as their commission revenue. 3. If I were the CFO‚ I would recommend to opt for the first method of revenue recognition because it would show better
Premium Generally Accepted Accounting Principles Revenue
Heather Fisher University of Phoenix Social Change and Modernization Social change is when culture and social institutions transform over time. There are four major characteristics in this complex process. The first characteristic is that it happens all the time. There are changes all around us. Two examples would be taxes and death. Taxes have changed dramatically since the 1900’s from little to no taxes to high taxes. Deaths have gone from a lot to a lot less due to higher life expectancy.
Premium Sociology
The History of India’s Modernization Because of external influence‚ India modernized at the turn of the twentieth century. It was originally a long-established‚ traditional country. They were for the most part against British interference‚ due to their religious traditions and culture. Due to colonialism‚ their country turned upside down and back again. India transformed in many ways: politically‚ economically‚ socially‚ and technologically. India has also felt the stings of long-term effects
Premium India British Empire East India Company
Modernization in Romeo and Juliet Full Essay William Shakespeare’s The Tragedy of Romeo and Juliet is one of the most well known tragedies of all time. Two star-crossed lovers‚ driven apart through the hate between their families‚ die tragic deaths when they can’t be together. People can interpret the play in countless ways. There have been many versions made throughout the years. Through movies and art form this play has been adapted and changed. In 1997‚ Baz Luhrmann directs his
Premium Romeo and Juliet
Ways to Solve Poverty America‚ Home of the brave‚ Home of the free‚ Home of the poor. A overwhelming amount of Americans in our own country struggle under the poverty line everyday. They struggle for food‚ water‚ and a place to rest their heads at night‚ and they struggle for those for their kids all the while. A person is in a state of poverty when they cannot afford the necessities of life. Poverty is something government needs to deal with more because it carries a double cost to them and the
Premium Poverty Poverty in the United States
Modernization of romance elements in “Chivalry” by Neil Gaiman In Neil Gaiman’s short story “Chivalry”‚ an elderly woman finds and buys the Holy Grail in a thrift shop to use it as a decorative element in her house. At the same time‚ a knight from the Round Table is in the quest of finding this sacred object of God. This short story contains many elements of romance‚ such as the religious quest‚ love and adventure and courtly and chivalric life. By modernizing romance‚ Gaiman suggests that love
Premium Holy Grail Romance Knights Templar
“Only democratic states can solve global problems” Democratic states can influence in an important way when solving global problems. On the other hand‚ non-democratic states can contribute as well. This essay will argue the existence of other factors on whether a state can solve a global problem regime being democratic or not. The ones able to solve global problems are developed countries‚ who either have a fairly-advanced democracy or a stable politics regard-less the political regime. We must
Premium Democracy United States Government
Solve Gen Inc. Background By Direct Drugs Inc.(Direct)’s request‚ an Audit engagement team has perform due diligence procedures‚ with an emphasis on the review of two separate material agreements between SolvGen Inc.(SolvGen) ‚ that Direct is planning to acquire‚ and Careway Inc (Careway). First agreement is a research and development agreement ‚ and second agreement is a license and distribution agreement during the first quarter of fiscal year 2010. • What are the deliverables for the
Premium Bookkeeping Double-entry bookkeeping system Contract
Cor porate Social Responsibility in Supply Chain Management: A Case Study on NTUC FairPrice Cooperative Ltd Singapore Written by Chua Ker Sin Senior Executive Singapore Compact for CSR With contributions from Ms Evelyn Sue Wong Advisor‚ Research and Publications Singapore Compact for CSR Case Study: Singapore The case was developed with the cooperation of Singapore Compact for CSR solely for educational purposes as a contribution to the Project entitled “New Corporate Procurement
Premium Agriculture Organic food Organic farming