a) Return on equity measures a company’s profitability by calculating how much profit a company generates with the money shareholders have invested. It is important to consider ROE and not just net income in dollar term because it helps for making comparisons among different investment amounts. b) ROE uses shareholder’s investments to measure the effectiveness and profitability of the company. RNOA uses the total asset base invested by both creditors and shareholders to measure the effectiveness
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Nordstrom was co founded 1901 by a 30 year old man named John W Nordstrom and his partner Carl Wallin. At age 16‚ John W of Sweden left his home and moved to Alaska where he struck gold. While in Alaska‚ he met a man named Carl Wallin‚ “who owned a shoe repair shop in downtown Seattle” (Nordstrom Employee‚ 2006). The two decided form a partnership and open a shoe store entitled Wallin & Nordstrom. Right form the start‚ the business philosophy was “based on exceptional customer service‚
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NORDSTROM Nordstrom is an American luxury brand retail clothing company that servers their customers by offering wide variety to choose from clothing to other household items with high brand quality and service to attract customers and build up an competitive image in the emerging fashion market. OBJECTIVES To create comfortable and memorable experience for customers To provide wide variety for all ages of men and women in the focused target market. To focus on new trends and demand according
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Dupont Analysis J.C. Penney ’s‚ Inc. versus Nordstrom‚ Inc. | Fiscal years 2005 and 2004 Refer to Figure 1. During fiscal year 2005‚ both J.C. Penney ’s Inc. ("Penney ’s) and Nordstrom‚ Inc. ("Nordstrom") provided similar and high returns on their shareholder investments‚ at 27% and 26%‚ respectively. Both companies ’ 2005 returns on equity ("ROE ’s") are up from prior year. While Nordstrom posted a significant increase in ROE by 20% over prior year‚ Penney ’s ROE is up 152% over its 2004
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characteristics it shares with other retailers of this type. Nordstrom would be classified specifically as an upscale large independent department store. This characteristic is shared with other large department retailers like Macy’s‚ Sears‚ Dillard’s and is noted as one of the largest U.S. department store’s of its type. Nordstrom offers apparel‚ shoes‚ jewelry‚ cosmetics‚ fragrances and accessories for women‚ men and kids. Nordstrom is dealing with competition on many different levels. It is
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Substance Abuse Within the Ranks “An Enemy Called Addiction Guelph Man’s Struggles in the Canadian Forces Suggest Our Military is Ill-Prepared to Battle Substance Abuse Within its Ranks”(Guelph Mercury (ON)‚ 09/03/2011) an article written on September 03‚2011 and published in the Guelph Mercury news paper in Ontario Canada is an essay written over one mans struggles with addiction in the military. The military doesn’t know how to deal with addiction within the ranks. According to a statement made
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Why do you want this rank?: 1) I want this rank since I love Opcraft and I want to put more into the server than I have ever done before‚ so let’s get into this. So firstly I want this rank so I can help out the Opcraft community by catching rule-breakers and making the experience better. I also want to have more of a part in helping the server since right now I have a lot or spare time that I need to spend so I think I can spend lots of my time onto Opcraft. 2) I would also like this role since
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Revenue Recognition 1a Identify and explain when the company recognizes revenue The Consolidated Statement of Earnings on page 39 of the 2011 10K describes the 2 sources of revenue: retail sales and credit cards. Page 33 of the notes state that they recognize revenue from sales at their retail stores at the point of sale‚ net of an allowance for estimated sales returns. Page 43 describes revenue from sales to customers shipped directly from stores and online and catalog sales includes shipping
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How Nordstrom Made Its Brand Synonymous With Customer Service (and How You Can Too) http://www.shopify.com.au/blog/15517012-how-nordstrom-made-its-brand-synonymous-with-customer-service-and-how-you-can-too Humayun Khan Oct 2‚ 2014 Ask anyone in the retail industry what the first words are that come to their mind when they think of Nordstrom‚ and they’ll immediately tell you "customer service." Making your brand synonymous with a catch-all phrase that’s too often simply thrown around in retail
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lot of reasons for the rank structure and the chain of command. Every reason that I am going to explain in this essay is very important. I am going to separate them into two paragraphs. The first paragraph will be about the importance of the rank structure and why the rank structure is in place. The second paragraph will be about the importance of the chain of command and why the chain of command is set into place. The rank structure goes back to the 1700’s. The rank structure was put into place
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