out that Current accounts‚ which was their main product‚ were highly unprofitable. Mortgages and Credit Cards on the other hand were profitable. Details of the customer segments are given in Table 1. This led them to devise a strategy called the “Supermarket Strategy” which made branch manager responsible for their own P&L and be rewarded for selling profitable products. Product Combinations | Accounts(in Millions) | Current Account only | 3.70 | Credit Card only | 0.50 | Mortgage only |
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Presentation Transcript Slide 1: Forms of Business Organisation (Indian Context) Sourav Sinha Forms of Business Organisation : While establishing a business the most important task is to select a proper form of organisation. This is because the conduct of business‚ its control‚ acquisition of capital‚ extent of risk‚ distribution of profit‚ legal formalities‚ etc. all depend on the form of organisation. The most important forms of business organisation are as follows: Sole Proprietorship Joint Hindu
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organised players is set to change the scenario. Organized retail segment has been growing at a blistering pace‚ exceeding all previous estimates. The fastest growing segments have been the wholesale cash and carry stores (150 per cent) followed by supermarkets (100 per cent) and hypermarkets (75-80 per cent). Further‚ it estimates the organised segment to account for 25 per cent of the total sales by 2011. Shopping in India has witnessed a revolution with the change in the consumer buying behaviour
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* Study of Effect of Organizational Structure on Employee Trust * A comparison of different sectors A MAJOR PROJECT REPORT SUBMITTED IN PARTIAL FULFILLMENT FOR THE AWARD OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION UNDER GUIDENCE OF: - SUBMITTED BY:- DR. SHALINI NIGAM KHUSHBOO AGARWAL * (PROFESSOR)
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recommend Meredith Collins reintroduce the loyalty program in Reed Supermarkets. Currently‚ they are leading the Columbus area with a 14% market share. With the recent evolution of the food retailing industry‚ this number has remained stable for two years with no growth and is susceptible to further decline. Throughout the recession‚ customer loyalty has significantly diminished and by implementing a redesigned loyalty program‚ Reed Supermarkets will be able to incorporate low pricing on products‚ an increase
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6.2 Explain the role of schools in national policies relating to children‚ young people and families. As part of the National Governments incentive to help provide backing and encouragement to practitioners in schools 2 new funding programmes were introduced by the Department for Children‚ Schools and Families as part f the Government Children Plan. These programmes; Every Child a Talker (ECAT) and Social and Emotional Aspects of Development (SEAD). These were launched to increase the skills
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Jean-David Bokungu Assignment about the group presentation McDonalds I’m lovin’it McDonalds is the biggest chain of hamburger restaurants in the world‚ with 33.000 restaurants‚ around the world the serve nearly 68 million customers in the daily basis in almost 119 countries around the world‚ 1.7 million employees. McDonalds was created by Richard James “Dick” McDonald and his brother Maurice James”Mac” McDonald‚ they were amongst the first pioneers of American fast food restaurants .They
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Case Study 4.4 A NEW DIRECTION FOR THE UPSTAGE THEATRE The board of the Upstage Theatre Company had assembled to hear the Artistic Director’s proposals for the following year’s season. Mark Buck‚ the Artistic Director‚ had built a reputation on his staging of popular comic seasons‚ and most members of the board expected a similar proposal this year. Buck entered the boardroom‚ and after a few general remarks‚ began to speak about his plans for the season. As he spoke‚ the board members began to
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Organizational Culture as Steve Jobs’ Leadership Prop So often when we think of a company’s strategy‚ organizational culture is the missing puzzle piece. Instead‚ attention is focused on customers‚ competitors‚ and financial resources. The neglect of organizational culture is unfortunate since leaders are responsible for so many other demands‚ but an understanding of the organization’s culture and its potential for enabling a positive deviant strategy is important. Organizational culture
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Introduction In general‚ a team is defined by Oxford Dictionary as two or more people working together. According to Julie Garland‚ “a working team is usually a small‚ cohesive group operating within a larger organization and responsible for carrying out a particular task. Working in a team can be a threat as well as an opportunity. In order to achieve a specified objective in an organization‚ team members must work co-operatively‚ take initiative to get things done and be supportive to generate
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