and money are such vital things that have to be used very efficiently to have a satisfactory outcome whatever work is to be done. Modern day technology makes life simple and easy in many ways. In other business‚ they are already implementing a collection and remittance for the ease and convenience of the staff. However‚ in Advance Credit Corporaton ( Caloocan Branch) that is not the case‚ the sale agent undergo in manual procedure which is very inconvenient and hassle on the part of the sale staffs
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IF WE ARE RELY ON TECNOLOGY As time changes season after season‚ we all change along with it. The way that we use to solve problems changes too. There is an idea‚ that caused by using technology ‚ ’as people rely more and more on technology to solve problems. The ability of human to think for themselves will surely deteriorate’ Of course‚ there are people who agree and who disagree with this idea. Personally‚ I agree with this idea. Hence‚ in the following content‚ it will mention about the reason
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ease of outsourcing production‚ barriers to entry in this industry were rather low. -Consumers became very price-sensitive‚ and over half of all apparel purchased was sold “on sale”. This trend toward less expensive‚ casual clothing and the rising supply of low-cost‚ imported apparel intensified price pressure. - 2- How well does active-wear fit with consumer needs? What purchase criteria are important for buyers of active-wear? What‚ if any‚ evidence is there to support the hypothesis that active-wear
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Hong Kong’s environmental problems and solutions Hong Kong is one of the top financial centers in the world. Thus‚ the environmental quality of Hong Kong is very important. It is because the environmental quality is indirectly linking to the image of Hong Kong. Moreover‚ the living standard of Hong Kong residents is also under influencing of the environmental quality. However‚ Hong Kong is now surviving serious environmental problems. Poor air quality‚ noise problem and heavy traffic loads are
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SUPPLY CHAIN MANAGEMENT CASE STUDY: SEVEN-ELEVEN JAPAN CONVENIENCE STORE CHAIN Introduction: This case study discusses the meteorological rise of a convenience store chain‚ seven-eleven Japan in the Japanese retail store business. We will analyze the factors responsible for the phenomenal success of the company in the retail business‚ with a supply chain perspective. The main aim of this analysis is to identify the supply chain strategy of the company and underlying combination of its performance
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inventory system the company does not keep track of how many units are on hand. Instead it takes a physical count at the end of the period to determine ending inventory and cost of goods sold. Under a perpetual system the company adjusts its inventory account each time it purchases or sells inventory. Thus it always has a record of its available inventory. Having knowledge of inventory balances helps a company avoid lost sales due to “stock-outs” as well as carrying too much inventory on hand (which results
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| Ethical Problems and Solutions With Tylenol and Enron | | | Many large corporations are often are faced with ethical issues that determine the success of the company. Two of the most famous companies that were faced with ethical dilemmas was Johnson and Johnson and Enron. One of these companies was able to deal with their ethical dilemma correctly and it saved the company‚ while the other company did not properly handle its ethical issues and it resulted in the collapse of the company.
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as at 31 March 2002 $000 Fixed Assets at Net Book Value Buildings Fixtures and fittings $000 $000 250 100 350 Current Assets Stock Debtors Cash Current Liabilities Creditors for supplies Accruals Bank 1540 820 3 2363 1210 192 203 1605 758 1108 25 910 Share capital – Ordinary shares Retained profits Loan accounts – Bracket Racket 104 69 173 1108 The company accountant resigned at the beginning of April 2002 and proper records were not kept for the six-month period 1 April to 30 September
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Mistake No. 1: Using a narrow measurement of performance Symptoms: Preoccupation with the forecast within the execution time frame. Typically‚ companies begin altering their forecast management processes when addressing supply chain performance. But this is unwise without understanding the nature of your demand and the root causes of forecast errors. When forecast accuracy is overemphasized‚ fill rates and inventory turns don’t improve‚ even when forecast accuracy does. No measure of customer service
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