2 Description of The Business Wooden Designs will be a sole trader type of business owned by Zacheia Dominique. This business will be operating in the tertiary industry. This business will be established on the 2st November‚ 2014 when the owner realises an increase in the demand for furniture. Wooden Designs aim will be to consistently provide quality products and excellent service to every customer. Nature of the Business Wooden Designs luxurious products provide the right finishing for any
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Groupon – Reichheld’s loyalty model PROBLEM STATEMENT: Groupon’s consumer (end-user) value proposition of deep discounts on goods and services is attracting bargain shoppers who are inherently disloyal to the Merchant businesses offering the coupons. HYPOTHESIS: Groupon’s should change their strategy by offering fewer one-time discounts and put an emphasis on long-term value for repeat customers ANALYSIS PLAN / SOLUTION APPROACH: Reichheld’s loyalty model together with the Value Disciplines model
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Simplicity For a very small business that carries a limited amount of inventory or that turns over inventory slowly‚ a mechanized inventory system is unnecessary. The business owner can easily keep track of how much merchandise is on hand with a manual system‚ or simply by applying the "eyeball test" to see if it is time to order more. The owner won’t need to spend money on inventory software or take the time to learn how to operate it. Sense of Control A manual system gives a small business owner
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Victoria’s Secret With 1‚1019 retail stores in the United States alone‚ Victoria’s Secret has become a renowned brand across all different demographics. Their stores brought in $4‚981 million dollars in sales just in the year 2013. The target market consists of middle-aged women from 20 to 40 years old‚ as well as men shopping for these women. The sub-brand PINK has expanded this target market to specifically attract college women. It is not surprising that a Victoria’s Secret retail store is
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* The distinction between a public company and a private company are explained in the following manner: 1. Minimum number of members The minimum number of person required to form a public company is seven‚ whereas in a private company their number is only two. 2. Maximum number of members There is no limit on the maximum number of member of a public company‚ but a private company cannot have more than fifty members excluding past and present employees. 3. Commencement of Business A private
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Chapter II REVIEW OF RELATED LITERATURE Local study Astra Human Resources Information System (AHRIS) Astra Human Resources Information System (AHRIS) is a user friendly web-based employee information management system. The system automates and improves the delivery of HR services‚ including managing the employee records‚ facilitating requests for leaves‚ overtime and training‚ tracking the employee’s performance and skills‚ and allocating and managing the company’s resources. (www.astra.ph)
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Unit 2 P4 Describe sources of internal and external finance for a selected business Leasing There are many ways in which Coombe Dean School uses different types of external and internal types of finance. The school aims to save money in any way they can one way of doing this is through leasing. This is where the school hires or rents a piece of equipment instead of paying the full price to buy it. They pay a regular amount for a period of time until they no longer need the equipment or they
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International Trade Simulation Paper 1.Did your selected country have more labor or capital? The country I selected had more capital rather than labor which was the blue island. 2. Why did you select this particular country? The reason I chose the country with more capital was because I believed that it had more to trade with. It seemed to have less of a labor force to keep happy. 3. Did your selected trading partner have more labor or capital? The country that I selected as a trading
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Brief Introduction of the Company: Rona Inc. founded in 1939 in Boucherville‚ Quebec is a major player in the Canadian home improvement industry. Rona has over 800 locations nationwide with most of its stores located in its home province‚ Quebec. Due to its strategic importance‚ Rona is considered to be a very important asset by the Quebec government. RONA Inc. engages in the distribution and retail of hardware‚ home improvement‚ and gardening products in Canada. The company offers automotive products
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Mobile Commerce Industry surpassing E-Commerce Industry By Zarah Ali National University of Modern Languages Table of Contents Abstract The research deals with ‘How Mobile Commerce Industry has surpassed E- Commerce Industry in various domains of life?’ For analysis the researcher has taken into account many recent facts and figures showing the increasing trend in M-commerce in the entire world. The researcher has successfully established
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