Case Summary Innovative Patios is a private corporation that installs patio stone made from recycled material. The company started as a small landscaping business‚ hiring contract workers and paying in cash for many years. Five years ago‚ the company incorporated and currently‚ two employees are responsible for doing all the administrative and human resources work using Quicken to track all accounts including payroll. Relying on manual processes to manage payroll requirements caused inefficiencies
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Cash Discount on Sales Cash discount is the discount offered by seller for paying cash early. Cash discount is only offered on credit sales where the customers do not pay at the time of sale but promise to pay latter. There are two methods of accounting for sales that offer cash discounts; the gross method and the net method. These two methods are explained with the help of the following example: Example Suppose Company A sells certain goods at a price of $4‚400 with terms of payment
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A convenience store chain attempts to be responsive and provide customers with 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? Answer: A supply chain could accurate its responsiveness if it is able to improve in these criteria: - Respond to wide ranges of quantities demanded - Meet short lead times - Handle a large variety of products - Build highly innovative
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Retailers Can Increase In-Store Sales Youngstown State University MGT 6930 September 10‚ 2014 Is there anyone out there who actually enjoys waiting in checkout lines at the store? Retailers across the nation are always searching for ways to become better and faster than their competitors. The main reason people tend to steer towards online shopping is because it is more convenient for them. Likewise‚ the main reason people continue to go to brick and mortar stores is to have the item they want
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high-profile articles breaking Thai taboos about public discussion of the role of the monarchy in the crisis as well as the succession. Thailand political situation is described uncertain. The crisis escalated and increasingly affected the economy. ZEN Department Store can lose some revenue due to the tourist segment that scare to travel to Thailand. Also this incident might draw lot of investors out from Thailand too. Economic Refer to World Bank‚ its forecast for Thailand’s 2008 GDP growth to 5% from the
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the mall or department store. Now we live in the age of internet and buying things can now be done by clicking a mouse. Shopping in the stores require more time than shopping online. A trip to the mall could take two to three hours transportation time. You may spend many hours looking for the right products or in the lines trying to just purchase it. On the other hand‚ online shopping cuts out the time spent on transportation and walking from store to store. Unlike shopping at stores‚ you do not
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RAFFLES INTERNATIONAL INSTITUTE INDIVIDUAL ASSIGNMENT TITLE: DEPARTMENT STORE PROJECT (STATE DEPARTMENT STORE) SUBJECT: MARKETING RESEARCH TECHNIQUES AND TO MR. VICTOR SHAN KO‚ MBA LECTURER IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE ADVANCE DIPLOMA PROGRAMME BY NAME: SOYOMBO BILEGSAIKHAN DATE: 19/03/2012 Table of Contents 1.0 Introduction 3 Primary Research 4 2.1 Purposes 4 2.2 Like 5 2.3 Dislike 6 2.4 Areas 7 3.0 Observation 8 4.0 Recommendation 9 Reference 10
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Seasonal affective disorder The syndrome of winter depression‚ is called seasonal affective disorder (SAD)‚ is specifically related to the changes in the length of daylight from the seasons. It begins to lift as spring approaches with daylight hours becoming longer. SAD is rare in the tropics‚ but is measurably present at latitude of 30 degrees N (or S) and higher. People who live in the Arctic region are especially susceptible due to the effects of polar night. Prolonged periods of
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Developing a Website for Furniture Arts Chapter 1 Introduction Furniture Arts has a problem in selling and advertising their products. They only use facebook to promote their artifacts. In developing an Online Ordering of Furniture Arts helps the clients in selling their products easily. It can also help in advertising their products online so that people who are interested in buying those items will see even though they are far from the commercial site. We will also put a map site so that the
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Guillermo Furniture Store Concepts Paper FIN 571 Guillermo Furniture Store Concepts Paper Sonora‚ Mexico was the ideal location for Guillermo’s Furniture Store to thrive due to the abundant supply of cheap timber paired with relatively cheap labor costs. Guillermo has been producing high quality products‚ mainly chairs and tables‚ which would sell at premium prices. Unfortunately‚ Guillermo’s exclusively did not last; a competitor from overseas using a high-tech manufacturing approach could
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