Journal Entry #4 Arvind Ramanadham Effective Communication February 12‚ 2013 * records your thoughts and * experiences related to course topics * connect topics covered in the text and in class discussions with current and past events in your life. * relate concepts to work situations and * relate the concepts to your experiences in your class team When working in a team it is important to allow free thinking‚ listening to others completely and not cutting down others
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Retail Format Area (sq ft) Convenience stores 500 – 1‚000 sq ft Supermarkets 1‚000 – 10‚000 sq ft Hypermarkets Above 10‚000 sq ft A supermarket‚ a large form of the traditional grocery store‚ is a self-service shop offering a wide variety of food and household products‚ organized into aisles. It is larger in size and has a wider selection than a traditional grocery store‚ but is
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stores The retail industry is extremely competitive particularly during the current economic conditions when customers have limited spending power (Bloomberg‚ 2009). Therefore‚ it is crucial that the business owner assess all of the factors which determine the profitability of a store. Since the financial figures are unavailable for all of the different outlets‚ the success of the store will be assessed using the same physical factors which can be observed; location‚ client flow‚ employee cost‚ pricing
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Food Retail-Price Comparison In Thailand David J. Schaffner‚ Blaire Bokal‚ Scott Fink‚ Kimberly Rawls‚ and Jeremy Schweiger Rapid growth of the Thai economy in the 1990s led to dramatic changes in food retailing. The traditional food-distribution system—hundreds of thousands of fresh markets that sell fruits‚ vegetables‚ meat‚ and fish‚ along with small mom-and-pop food stores that distribute dry goods—is giving way to modern supermarkets‚ hypermarkets‚ and convenience stores‚ all being developed
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working with others in the office. I consulted a few other social workers at my agency on Yamile’s general history but I had to be careful that I didn’t share any medical details with them. The issue of this only came up when I was working with another employee involving Yamile’s current family information and benefits.. On one hand‚ I felt that I should share information about Yamile’s daughter’s pregnancy to her so she should better serve her in acquiring her benefits however‚ in doing so would break
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employees for work in foreign countries but also have to be aware of the needs of the family that will accompany the employee to the new cultural environment. A lot of people taking on international assignments are unsuccessful since their spouses or families cannot adjust to their new surroundings. Hence it is necessary to organize training in the foreign language for the employee and his/her family. Also important is to organize everything necessary for the journey including visas. It is also important
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of each member of the organization in terms of his or her individual needs (Casio‚ 2005). The compensation plan will be tied to the company`s strategic mission which means that a combination of merit system (designed to tie pay increases to each employee`s level of performance) and incentive system (designed to provide additional rewards to top performers) will be used. The broad objective of the design of this compensation strategy (i.e.‚ financial and non-financial compensation) is to integrate
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Understand the Business of Retail Outcome 1 A. List the different retail channels and state the main features of each one. Retail Channel | Benefits/Features | Shops | * Lots of choice * Discounts * Sales | Internet | * Free delivery * Quicker * Buy from home * 24 hour delivery * Sales * Register for offers | Warehouse | * Professional products * VAT free days | Catalogues | * Pay weekly or monthly * Order from your home | Salon | * Professional
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Employee Motivation Ali joined CVS Caremark project at TCS-Noida in November after a successful stint at Aviva in TCS-Bangalore‚ where he had worked as a trainee. He had always wanted to go back to his hometown and live with his parents and when he got a transfer to Delhi he didn’t waste a single moment in saying yes to the new project and heading towards Delhi. Many of his friends were also moving out from Bangalore at the same time which only made his decision easier. He felt that Caremark offered
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FUNCTIONS OF RETAIL MANAGEMENT When attempting to start a business‚ having a keen understanding of the goals of management through the main four management functions is one key to seeing success‚ both with the operation and with employees. With this said‚ a vital part of planning of the management end will involve three important activities. The first stage‚ "planning involves developing a systematic process for attaining the goals of the organization...Leaders make change happen through planning
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