Pestle analysis draft Political: Employment laws: employees have to make sure that they are following the employability laws and employ the people who are entitled to work in UK and providing them with the minimum wages as per the law. Economic: Price competition: A very important factor for the convenience stores in UK the small chain stores such as Londis and Crosscutter will have a increased competition within the industry from small and independent convenience stores. Not only those they
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! ! ! ! ! ! E-‐Commerce vs Traditional retailing ! ! ! ! ! ! ! ! ! Mirza Kulenović MBA candidate -‐ 2014 20/07/2014 !1 Introduction ! The constant technological advancement has brought‚ with itself‚ a new way of doing business and more precisely retail. Online networking is‚ today‚ part of human communication
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RETAILING IN INDIA – EMERGING TRENDS & POTENTIALITIES Introduction: Retail is India’s largest industry‚ accounting for over 10 per cent of the country’s GDP and around eight per cent of the employment. Retail industry in India is at the crossroads. It has emerged as one of the most dynamic and fast paced industries with several players entering the market. Retailing in India is gradually inching its way toward becoming the next boom industry. The whole concept of shopping has altered in terms
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· What is the most important customer benefit stressed on this site? The site stresses discounts and savings on their products‚ implying that shopping with Amazon will help customers get the best value for their money. · How does the company try to create a relationship with its customers? What evidence of enhanced customer value do you see? Based on what you see‚ rate their success on a scale of 1 - 5. The company’s website saves customer preferences and past purchase categories and interests
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Michael Porters Strategy Michael Porter is the University Professor (the highest honor in Harvard University) in Harvard Business School. He is acknowledged as the father of competitive strategy. He has two main theoretical perspectives; one is “the five forces model of competition”‚ and the other one is just the “three competition strategies” (Michael Porters Strategy). The three competition strategies are cost leadership strategy‚ differentiation strategy and segmentation strategy. These strategies
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Is JC Penney’s Makeover the Future of Retailing? Kim Girard‚ Harvard Business Week‚ March 2012 The over a century old retailer JC Penney (JCP) has been losing business and customers for a long time. Though it once had a great reputation for value and loyal customers the competition of high volume‚ low value stores such as Wal-Mart or the higher end stores such as Macy’s have completely over taken it and threatens to force them out of the market. What can be done to revive the 110 year old retailer
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services retailer. The company’s commitment to value‚ service and quality was set up in 1884 by Michael Marks‚ when he opened a small market stall in Leeds. Then in 1894 he formed a partnership with Tom Spencer‚ together they opened a head office in Manchester and turned there stall in Leeds to a covered arcade that was known throughout the United Kingdom. In 1905 Tom Spencer died followed two years later by Michael marks when he passed away. In 1916 Simon Marks became chairman of Marks and Spender
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Every Society has some sort of order‚ whether it can be classified by occupation or income range‚ there is a system. In the excerpt from Mary Barton‚ by Elizabeth Gaskell‚ a tiered social order is depicted. The lords and ladies at the top‚ to the workers‚ and servants; the distinct classes are distinguished through dialogue and detail. The top tier‚ lords and ladies‚ have a few distinctive characteristics that set them apart from the other two classes. Wealth‚ the first and most important of
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Clara Barton was an amazing woman and a true humanitarian according to Burton (1995). Born on Christmas day in 1821 to a middle class family in Oxford‚ Massachusetts‚ Barton would someday be famous and honored for her contributions to society and for laying the foundation of the American Red Cross. Barton began her career at a young age; she began teaching school in her late teens. She taught school for 14-years in New Jersey before quitting after the school hired a male principle at almost
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A Critical Review of Peters‚ JW & Williams‚ LD 2012‚ ‘The Origin of Life: Look Up and Look Down’‚ Astrobiology‚ vol. 12‚ no. 11‚ pp. 1087-1092. The origin of life has always been one of the most attractive features in philosophy and science. Moreover‚ it can examine our knowledge of biological‚ geological and chemical principles. This review aims to provide information about consideration of the origin of life. The study reveals that the origin of life can be accomplished in both approaches
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