M2: Analyse the performance of a business using suitable ratios Ratio Dessi-Designs Gross profit margin Dessi-Designs Result : 60% Q1. Definition of Ratio Gross profit margin is the difference between revenue and cost before accounting for certain other costs. Generally‚ it is calculated as the selling price of an item‚ less the cost of goods sold then multiplied by 100. Q2. What result would your aunty and uncle want from this ratio? The result they would want a high percentage because the higher
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Something that disturbs me about being a pharmacist in retail pharmacy is knowing that I am responsible for what everyone under me does. Something as little as a technician making a dispensing mistake (bottling the wrong drug) can cause me to get fired or even lose my license. I am also bothered about the long hours that pharmacists have to work. About 90% of the job is done on foot and this seems pretty tiresome. I still have questions as to why this is so. What is it about this career that people
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presentation demonstrates the extent to which corporate social responsibility contributes to customer satisfaction in BT. It builds on the work described in Enlightened Values and undertaken by BT Retail. This is also available for download from the Better World site: www.bt.com/betterworld Retail customer satisfaction 1999 - 2001 Mean score 8.5 8.4 8.3 8.2 8.1 8.0 7.9 7.8 7.7 7.6 7.5 Jan 99 Mar 99 May 99 Jul 99 Sep 99 Nov 99 Jan 00 Mar 00 May 00 Jul 00 Sep 00 Nov 00 Jan 01 Mar 01 May 01 Jul
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retirement. Personal finance may also involve paying for a loan‚ or debt obligations. The six key areas of personal financial planning‚ as suggested by the Financial Planning Standards Board‚ are:[1] Financial position: is concerned with understanding the personal resources available by examining net worth and household cash flow. Net worth is a person’s balance sheet‚ calculated by adding up all assets under that
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In this paper the most common services characteristics‚ namely perishability‚ intangibility‚ inseparability and heterogeneity will be applied to a well - known retail services brand. In this case the focus shall be on how the aforementioned characteristics apply to Starbucks. In order to better understand the problem the history of the company alongside current corporate objectives will be briefly described. In the following paragraphs the notice will be mainly on the retailer’s ability to cope with
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Differences Between Online Retail & Traditional Retail Businesses Learning eCommerce Often times‚ it is easy to overlook the differences between selling online through a shopping cart and retail selling through a brick and mortar storefront. Online retail is different from selling through a store in many ways and you should become familiar with the differences so you can better understand the many benefits of selling online compared to selling through a physical storefront. The obvious differences
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Chapter 1 Understanding the Supply Chain True/False 1. A supply chain includes only the organizations directly involved in supplying components needed for manufacturing. Answer: False Difficulty: Moderate 2. A supply chain consists of all parties involved‚ directly or indirectly‚ in fulfilling a customer request. Answer: True Difficulty: Moderate 3. A supply chain could be more accurately described as a supply network or supply web.
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Speciality Retail Group’s (SRG) solution worked by getting help from Kewill in dealing to reduce warehousing‚ transportation cost‚ reduce delivery time and to increase the exchange of stock and sales data between SRG and its suppliers. Kewill is a leading provider of software solutions that enable enterprises and logistics providers to manage the movement of goods and information across the globe. By pairing up will Kewill‚ it has benefited them in so many ways. First off Kewill is a provider of
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A new manager is starting in the organisation shortly. You have been asked to provide a written briefing note for this new-starter so that they can gain some understanding of the organisation in preparation for their start. Manager’s Briefing Note A list of what the organisation produces or the services that it offers to its customers: Nova Training provides high quality Education‚ Training & Apprenticeships opportunities. Our Apprenticeships and Study Programme is delivered from one of
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Retail Format Area (sq ft) Convenience stores 500 – 1‚000 sq ft Supermarkets 1‚000 – 10‚000 sq ft Hypermarkets Above 10‚000 sq ft A supermarket‚ a large form of the traditional grocery store‚ is a self-service shop offering a wide variety of food and household products‚ organized into aisles. It is larger in size and has a wider selection than a traditional grocery store‚ but is
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