THIS WAS LIMITED TO UNDER 500 words--and WAS AN ESSAY ANSWER (TIMED) FOR A MIDTERM EXAM Question: Describe the importance of the Renaissance in Italy. Answer: The Renaissance‚ literally the "rebirth‚" was just that to Italy. As the Middle Ages came to a close‚ so too did the overshadowing gloom finally subsidize in Italy--and eventually Europe. The new view on human existence spread like wild fire and spawned a rekindled "secular" approach that embraced the Individualist movement (the "successful
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could effectively share the word of God to the community. It was the following night when the shocking news had been spread that our team leader had fallen ill. The very person who had guided us through every preparation was no longer with us. We scrambled to figure out an alternative plan. While some believed that having a YWAM staff as a new leader would be a safer route‚ others thought differently much to my shock. They emphasized that I should take leadership within the team due to my experience
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and deals techniques is about lowering the prices or giving a price break to the wholesaler or retailer. The company can do this in two ways‚ by merchandising allowance or case allowance. Merchandising allowance is giving the retailer or wholesaler money back for in-store advertising. For example‚ Silkygirl‚ a cosmetics company will give Watson merchandising allowance if Watson gives the product an entire shelf section. For case allowance is giving the retailer or wholesaler a discount for purchasing
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1. What are the advantages and disadvantages of grid and free-flow layout arrangements? | ADVANTAGES | DISADVANTAGES | GRID LAYOUT | Easy to locate merchandiseCost-efficientEasily accessible for customersCustomer familiarityEase in cleaningSimplified securityPossibility of self-service | Limited browsingLimited creativity in décor (Plain and uninteresting)Stimulation of rushed shopping behavior | FREE-FLOW LAYOUT | Incread creativity in decor items to display?sed impulse buyingVisual appealFlexibility
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Part of the Indian film industry known as Bollywood‚ produced its first silent film in 1913 and its first sound film in 1931‚ two unique ‘firsts’ both of which occurred before India’s independence in 1947. Post Independence era of the 1950s and 1960s is often termed Bollywood’s Golden Age‚ during which Bollywood produced numerous critically acclaimed movies. From the late 1960s-Present‚ the Modern Age of Bollywood has brought this Hindi Cinema under an international limelight. Bollywood actors and
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2. Property taxes and insurance premiums paid on a factory building are examples of manufacturing overhead. True False 3. Manufacturing overhead combined with direct materials is known as conversion cost. True False 4. All costs incurred in a merchandising firm are considered to be period costs. True False 5. Depreciation is always considered a product cost for external financial reporting purposes in a manufacturing firm. True False 6. In external financial reports‚ factory utilities costs may be
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information. Providing a written company handbook allows the company a form of documentation proving the employee has been informed of company policies and rules. In the second instance‚ I will use as an example of several large nationwide fashion merchandising chain stores which provide clothing to the
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QUESTION 1. Alpha Corporation is a merchandising company that sells computer parts. Alpha Corporation uses a perpetual inventory system. The following transactions were completed by the company during June 2010: June 7 Purchased 25 Ergonomia monitors from Office Shop on account at a unit cost of $200. June 9 Sold 6 Ergonomia monitors to Computer World Inc. on account for $350 each. June 11 Sold 10 Ergonomia monitors to Best Corporation for $3‚200 cash. June 15 Purchased 20 Ergonomia
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Wal-Mart’s Foreign Expansion Wal-Mart is the world’s largest retailer with tons of advantage above all the rest. It is very possible that this big time retailer can translate its merchandising strategy wholesale to another country and be highly successful at it (L. Hill‚ 2011‚ p. 167). The key to this method is being able to understand the culture and environment that it would need to transition it methods to. Take for instance what was read in the case about China. China originally turned its
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rapid growth and market success has to do with being a mission-driven company. Whole Foods is highly selective about what they sell and are dedicated to their core values. Whole Food ’s integrated strategy consists of growth‚ differentiation‚ merchandising‚ and customer service. This strategic plan was aimed at expanding its operations to offer high quality and nutritious foods to more and more customers. It was also aimed at promoting organically grown foods‚ food safety concerns‚ and sustainability
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