Retailing- Meaning & Definition Retailing consists of the sale of goods or merchandise for personal or household consumption either from a fixed location such as a department store or kiosk‚ or from a fixed location and related subordinated services. In commerce‚ a retailer buys goods or products in large quantities from manufacturers or importers‚ either directly or through a wholesaler‚ and then sells individual items or small quantities to the general public or end-user customers‚ usually
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Understanding the principles & practices of assessment Unit 1 1:1 Explain the function of assessment in learning and development The main function of an assessment is to ascertain if learning has taken place and that the learner has obtained the required knowledge‚ skills and understanding. Assessment needs to be a constant process which should take place every time you see the learner‚ either by watching what they are doing‚ asking questions or carrying out short coaching or training sessions. It
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Experiment 41: 4-Methylcyclohexene Introduction: This experiment was a study of protonating a cyclo-alcohol to become a cyclo-ene. In this case 4-methylcyclohexanol was protonated using phosphoric acid to become 4-methylcyclohexene. This demonstrates the loss of an alcohol group by protonation‚ the loss of a proton from the cyclohexane to form an alkene through elimination. This also demonstrates Le Chatelier’s principle‚ by using distillation to remove the product as it is formed the equilibrium
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Unit 306 Understanding the principles of assessment Task B Presentation a) Define key concepts and principles of assessment The key concepts and principles of Assessment are to determine if learning has taken place by monitoring the progress and achievement of the learner towards the desired qualification at any given point. This consists of initial assessment at the starting point of the learning journey. Assessment can happen before‚ during or at the end of a learning programme. This
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Understanding the principles & practices of assessment Unit 3 – Understand how to plan assessment 3:1 Summarise key factors to consider when planning assessment When planning assessment it is essential to be aware of the qualification‚ regulations or standards that need to be assessed and how you will go about collecting the evidence and what particular knowledge needs to be given to the learner. The awarding organisation may monitor the delivery‚ assessment and quality of assurance of the qualification
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Chapter 01 Introduction to the World of Retailing Multiple Choice Questions 1. (p. 6) What is retailing? A. It is the merchandising component of the retail mix. B. It is the set of business activities that adds value to the products and services sold to consumers for their personal use. C. It is the strategy retailers and vendors use to get products into the stores. D. It is the process of offering products in smaller quantities for consumer consumption patterns. E. It is the
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Identify two types of communities covered in this module that you would use to engage with your customers. The first type of community that I would use to engage with my customers is YouTube‚ the reasons are obvious. First‚ videos have emotional impact on the viewers‚ a great video will make the viewer laugh‚ cry‚ angry and learn‚ in addition‚ these emotions will have the viewers share their emotions thus spread words to increase brand awareness. Second‚ the statistic facts‚ “YouTube alone
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adopting eco-friendly practices and producing products that are environment friendly. Today‚ everyone is concerned about preventing environmental degradation. Retailers have sensed the need for green retailing and now most of the Indian retailers are stepping into this new avenue. Previously‚ green retailing was perceived as a ‘nice-to-have’ phenomenon. But lately‚ producers and consumers have realised that it is a ‘must-have’ phenomenon as environmental protection has become a priority. Green Retailers
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CHAPTER 1 Retailing – a set of business activities that adds value to the products and services sold to the consumers for their personal or family use A retailer is a business that sells products and/or services to consumers for personal or family use A Retailer’s Role Attempt to satisfy consumer needs by having: the right merchandise at the rice price‚ place‚ in the right quantities‚ and at the right time Retailers Role in the Distribution Channel Ex. Manufacturing -> Wholesaler ->
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Unit 37 – Understanding Business Ethics Explain at least 3 general activities from an ethical viewpoint your chosen business needs to consider in its operational activities. Describe how the business is attempting to show its stakeholders that it is aware of the ethical concerns that apply. Corporate social responsibility (CSR) CSR is about how companies manage the business processes to produce an overall positive impact on society. Business ethics Business ethics is the accepted set of moral
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