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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productTrends·Healthy‚ organic foodIntroductionA restaurant owner who fails to plan plans to fail. Most restaurants will succeed‚ provided that their owners are determined‚ stubborn‚ and willing to take control of those variables that can be controlled. Changes in markets‚ competition‚ products‚ and customer perceptions are inevitable. Restaurants that can adapt to such changes because of foresight and careful planning will profit. A written business plan is helpful in so many ways that the time and
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line managers have a lack of desire to implement HRM. However‚ willingness is essential for someone to perform effectively. Furthermore‚ line managers do not have capacity to implement HRM‚ since they have other‚ more pressing‚ short term operational responsibilities. This short-range focus may result in people management that is generally less effective. Besides‚ line managers have limited skills and competences in HRM due to a lack of training. It is suggested that these low competences are a significant
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Q;1: According to Maslow’s hierarchy of needs theory and David McClelland’s acquired needs theory identify and justify which needs dominate the 5 team members and the team leader. Answer: Maslow’s hierarchy of needs theory: Team Leader Belongingness Needs Self-actualization Needs Justifications Melissa Richardson Highly Dominating Moderate to High Richardson had personality more like an agreeable person. She was highly dominated by social needs. In belongingness she preferred
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Cat Inc. is the world’s largest manufacturer of construction and mining equipment‚ diesel and natural gas engines‚ and industrial turbines. It is also a technology leader in construction‚ transportation‚ mining‚ forestry‚ energy‚ logistics‚ and electric power generation. Its corporate world headquarters is located in Peoria‚ Illinois. Cat Inc is comprised of 26 business units. Cat Inc. is rated number 1 or 2 in every major S&P 500 and Dow Jones Index tracked category in the Construction‚ Agriculture
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systems. From an operational standpoint‚ the majority of IT manager responsibilities involve testing the integrity and performance of various information networks and software applications. Of course‚ since technology tends to evolve rather quickly‚ the IT manager must also periodically review and evaluate how current systems and applications are meeting the needs of the company or organization. This means that a successful IT manager should be able to identify and implement new technologies to
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What is Action Learning? Action Learning is an accelerated learning tool which can be applied to any number of different workplace (and personal) issues and challenges. In Action Learning groups or ’sets’ we meet regularly with others in order to explore solutions to real problems and decide on the action we wish to take. When doing this in the set‚ the stages include: 1. Describing the problem as we see it 2. Receiving contributions from others in the form of questions 3. Reflecting on our discussion
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waste and reducing cost 4 3.5 Just in time 5 3.6 Supplier development 5 3.7 Data 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
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Although‚ McDonald’s‚ with more than 32‚000 local restaurants serving more than 60 million people in 117 countries each day‚ has a number of fast food outlet competitors across the countries such as Burger King‚ Taco Bell‚ KFC‚ Wendy’s‚ it is currently the leader of the industry in market capitalization with a cap of $39.31 billion. Supplier bargaining power The bargaining power of suppliers of McDonald’s is high because McDonald’s restaurants use the same products from the same suppliers and it
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Research Overview Quinn McMahon is the manager of a McDonald’s restaurant that has many customers who are senior citizens. She would like to develop a marketing strategy that addresses the needs of her senior citizen patrons. However‚ she is looking for additional recommendations to improve her marketing mix. It is imperative marketers do not neglect senior citizens as this group makes up 13 percent of the population and they have money to spend (Perrault‚ Cannon and McCarthy‚ 2009‚ p. 140).
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