Internal Strengths: Location of stores‚ Directly import goods from country of origin‚Well-known brand name in HK‚ High market share‚ Good connection with Japan’s supplier Weaknesses: Lack of experience in retailing‚ Low net profit‚ Bulky purchase is required from Country of origins without knowing the popularity Marketing: The early mission for 759 Stores was to fight against large-chain supermarkets. 759 Stores practises a ’Small Profit‚ Quick Return’ strategy: selling each product at a wafer-thin
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BTEC NATIONAL IN BUSINESS (LEVEL 3) Unit 16 – Human Resource Management in Business The study of human resource management will help you understand an organisation‚ its structure‚ the way it works and its culture. Organisations need their employees to contribute effectively to the achievement of the organisational purpose. In order to achieve this‚ staff will have to be properly selected‚ trained and managed. Managers have to understand how to motivate employees and win their commitment to the
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Macbeth is a Scottish general and the thane of Glamis who is led to wicked thoughts by the prophecies of the three witches. Macbeth is a brave soldier and a powerful man. Macbeth is easily tempted into to murder to fulfill his ambitions to the throne. Once Macbeth committed his first crime he was crowned king of Scotland. Macbeth doesn’t contain the ability to rule without being to controlling . Good yet evil‚ loyal yet treacherous‚ strong yet vulnerable. These opposites show
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value of shareholders’ equity and to account for their efforts. This will causes a basic change in managers’ perceptions of their duties. The FVA provides also a complete full disclosure and it is compatible with transparency. Introduction An analysis of the development of accounting standards reveals an interesting phenomenon. Along with new financial reporting innovations in sporadic areas‚ there is a steady process of change of a basic accounting paradigm. The old historical cost accounting
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similar assets or liabilities are recognized by the lessee when the lease is classified as an operating lease. The lessee recognizes lease payments under an operating lease as an expense‚ normally on a straight-line basis over the lease term. Under IAS 17 Leases lessors are required to classify leases as finance leases or operating leases. Finance leases are defined as leases that transfer substantially all the risks and rewards incidental to ownership. All other leases are operating leases. If
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Case #16 Reed’s Case Study and Questions 1.) Liquidity Ratios | Reed | Industry | Current Ration | 2.0 | 2.7 | Quick Ratio | 0.94 | 1.6 | Receivables turnover | 4.93 | 47.4 | Avg. Collection Period | 74.08 | 47.4 | Efficiency Ratios | Reed | Industry | Total Asset Turnover | 1.28 | 1.9 | Inventory Turnover | 2.91 | 7 | Payable Turnover | 6.97 | 15.1 | Profitability Ratios | Reed | Industry | Gross Profit Margin | 29.8% | 33 | Net profit Margin | 4.2% | 7.8 | Return on
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Unit 16 1.1 Explain each of these terms; a) Speech- speech is the language that we vocalise. It is based on sound not symbols. A child needs to learn a number of sounds in order to speak. For example a babies speech would be the sounds the make‚ “goo‚ goo”‚ “gaa‚ gaa”. They are not able to communicate. b) Language- language is very specific. It refers to the fact that a child needs to know sounds to be able to understand language. For example‚ when a child understands that the sounds D-O-G makes
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whether this acquisition is beneficial to Yahoo in its expansion to the youth market or not. Calculations on the cash flow well as literature reviews will be done in order to achieve this goal. Also‚ analysis would be made according the knowledge learned from lessons and textbooks. 2. Findings and Analysis 2.1 Marketing Although it is quite expensive to
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Deborah Merna Lesson 16‚ Course 657 1. As someone with more knowledge of the balanced scorecard than almost anyone else in the company‚ you have been asked to build an integrated balanced scorecard. In your scorecard‚ use only performance measures listed previously. You do not have to use all of the performance measures suggested by the managers‚ but you should build a balanced scorecard that reveals a strategy for dealing with the problems with accounts receivable and with unsold merchandise
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orientation helps to turn their visions to reality Dominant Function: Introverted Intuition Skeptical and independent‚ high standards of competence and performance - for themselves and others… INTJ’s are original thinkers‚ they appreciate logical analysis and thinking systematically and they turn their theories into effective
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