Background of the Study Convenience stores are in demand all over the world for its unique commercial properties. They are usually open 24 hours a day‚ seven days a week‚ carrying a limited life of high turnover convenience products and are conveniently located for quick in and out shopping. These stores provide “fill-in” purchases for consumer needs. Engaging into this kind of business with the right location‚ pricing strategy‚ inventory of products‚ and pleasant customer approach‚ it can generate
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Improvement X. Recommendations l. COMPANY NAME or ORGANIZATION’S NAME MINISTOP II. COMPANY PROFILE a. Background of the Company Minutestop is a 24-hour convenience store named by a Californian consultant first introduced the famed retail store as "...a store where everyone stops by for a minute." Later on‚ the name became MINISTOP-- when the Japanese--owned company decided to make it less of a tongue twister. MINISTOP has participated in several environmental activities brought
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Question 7: 6 Question 1: A convenience store chain attempts to be responsive and provide customers what they need‚ when they need it‚ where they need it. What are some different ways that a convenience store supply chain can be responsive? What are some risks in each case? A convenience store can be more responsive by doing exactly what Seven-Eleven Japan is doing; many locations‚ rapid replenishment‚ appropriate technology deployment‚ and an equally responsive supplier (vertical integration
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1. Compare the characteristics of vending machines and convenience stores as channels A: The main sales channels for soft drinks in japan is Vending machines and convenience store. Vending machines: (1) Japan is known as the country in which vending machines widely spread and it accounts for approximately 40% of sale channels for soft drinks. (2) Each vending machine must be stocked with good balance of product to attract diverse need (3) Secure a prime installation location is difficult unless
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her to school ‚ when it turn out to be the day she saw a friend die right in front of her eyes . Eva’s dad got arrested for the death of Roberto that was a crime he didn’t commit . A while after the situation with her dad she had an initiation to join a gang and be part of what they called “familia” . Then after that she fighted for her life ‚ but in the inside she was scared and terrified of what could of happened
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business to function‚ it must first understand the needs of the customer. These needs may be based on the specific product‚ distribution of the product‚ or accessibility to the product‚ along with many other factors. The e-business revolution is a good example of understanding that the consumer is in need of fast service at their own time. Yantra Corp‚ a fulfillment software vendor in Tewksbury‚ MA states that “successful companies must let customers order products anywhere they sell them and fulfill
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TERM PROJECT Executive Summary and Pro Forma Jeyhun Taghiyev Park University Executive Summary Brothers’ is a convenience store located in Basehor‚ Kansas. This family owned business is conveniently located and the cross section of two major highways (K-7 and I-70). This small company expects to capture market share by becoming the low cost leader in the convenience store market by pricing competitively‚ providing excellent service and products. The major products offered include: newspapers
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Title – Performance management at Bolts’ convenience stores. Subject area – The case throws light on performance management in general and performance appraisal in a specific Indian context‚ its linkages with various other HR systems in an organization and the various issues and challenges attached with it. The case is especially suited for understanding people management in small organizations and organizations in emerging markets. Study level/applicability – This case has been tried and tested
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people’s network or connections would make it easier for the franchisee to run the business. “He knows the local government authorities‚ he knows the customers. Knowing the people in the community creates lots of advantages‚” Lim simply describes that buying a franchise is acquiring a trusted brand with a consistent quality. It provides assurance to customers that they would be getting the same value whenever they purchase that brand. Franchising also thrives amid challenging times. Studies show that
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high-end department store chain such as Nordstrom? What are the key customer needs that Nordstrom aims to fill? The Nordstrom web site states the following. Over the years‚ the Nordstrom family of employees built a thriving business on the principles of quality‚ value‚ selection‚ and service. Today‚ Nordstrom is one of the nation’s leading fashion retailers‚ offering a wide variety of high-quality apparel‚ shoes‚ and accessories for men‚ women‚ and children at stores across the country. We
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