...Executive summary Prestigious and Luxury brands such as Gucci, Louis Vuitton and Vertu represent the uppermost level and form of craftsmanship. They demand and hindercustomer loyalty that is not affected by trends. These brands set seasonal trends and are capable of generating consumers, wherever they are established. In luxury marketing, there is a delicate relationship between 4 factors that most strongly influence the purchase of the luxury consumer. They are the exclusiveness of the brand, the reputation of the brand, forms of distribution and price/value affiliation. Exclusivity cannot always be ensured due to immense competition. But by consequence, it is not the key requirement of a luxury consumer. The consumer bases their purchasing decisions mainly on the aura of the brand and completion of their ‘actualization needs’. Therefore, aura of the brand is more important than exclusivity. A luxury consumer is always looking for newer ways to satisfy their inconsistent wants and needs. Therefore, it is important for Gucci, LV and Vertu irrespective of their exclusivity and geographical presence to research and give their consumers major importance, to be successful in the fashion or high-end market. This report will aim to discuss the key success factors of Gucci, LV and Vertu that have impacted on their brand image and exclusivity. Furthermore, it gives a detailed explanation supported with examples on how they achieve their elitism. It then discusses the problems...
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...Exercise 1 Salman starts his business with initial capital of RM30,000 on the 1st of January 2013. The following are the transactions for the month of January 2013. All transactions are in cash. Jan 1 | Purchase office equipment RM5,000 and furniture and fittings RM4,000 | 2 | Pay rental RM500 | 4 | Purchased goods RM3,000 | 6 | Sales RM2,000 | 9 | Received loan RM10,000 from his brother, Shariman | 11 | Purchase used van RM8,000 | 14 | Purchased goods RM4,000 | 17 | Sales RM2,500 | 20 | Repair van RM300 | 21 | Purchased goods RM2,500 | 24 | Sales RM1,500 | 26 | Petrol for van RM100 | 28 | Printing RM70 | 30 | Paid salary RM1,000 | 31 | Withdrew RM1,000 for personal use | Record the transactions in appropriate accounts and prepare the trial balance. Exercise 2 The followings are the business transactions for Mutiara Hati Enterprise in June 2013: June 1 | | Starts business with initial capital RM50,000 in the bank account. | 3 | | Received cheque for laon from Bank Addin RM10,000. | 5 | | Purchased furniture on credit from Dana Furniture RM1,500. | 6 | | Purchased shop equipment RM5,600, paid by cheque. | 7 | | Purchased goods on credit from Suri Supplier RM4,000. | 9 | | Cash sales RM700. | 10 | | Paid RM1,000 to Suri Supplier, by cheque. | 12 | | Credit sales to Mesra Trading RM2,500. | 14 | | Cash purchase RM200. | 16 | | Cash sales RM800. | 18 | | The owner withdrew RM500 cash and RM500 of goods for...
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...From a strategic planning perspective, the well-known Canadian fitness retailer Lululemon has a lot of factors to consider when laying the foundation for a five year plan. There are many opportunities as well as challenges that the company encounters from its external environments. Each of these is outlined in the following paragraphs and must be embraced in order for Lululemon to position itself strategically and successfully in the market. Economical environment: The economical environment that circles around Lululemon Athletica shows a strong revenue growth. In September 2012 Lululemon posted a 33% increase in revenue to $282.6-million (U.S.) and an increase of 15% in same-store sales (refer to figure 2). Along with that we can observe the company’s stable financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, net income growth and good cash flow from operations. Lululemon was pretty successful among many investors as it consistently raised quarterly profits and revenues in a struggling fitness retail industry (see figure 3). In reference to the article, “Lululemon athletica inc. Stock Quote & Summary Data”, unemployment rate made some effect on the company’s Gross Income as of in 2009 when the unemployment grew to the level of 8.5% company’s Gross Income was only 23.56% (see figure 1 and 2). But in 2011 when the unemployment growth was at a level of 7.2% company’s Gross Income became 77.04%. This also depicts...
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...Johns Model of reflection Johns model is based on five cue questions which enable you to break down your experience and reflect on the process and outcomes. John (1995) used seminal work by Carper (1978) as the basis for his model exploring aesthetics, personal knowing, ethics and empirics and then encouraging the reflective practitioner to explore how this has changed and improved their practice. Carper B (1978) Fundamental patterns of knowing in nursing. Advances in Nursing Science. 1, 1, 13-23. Greater Manchester AHP/HCS Life Long Learning Project Team. Hand out 3 Models of reflection. Available URL http://64.233.183.104/search?q=cache:Ta_9a2Ad4FUJ:www.bolton.nhs.uk/SHA/LLL/resources/reflective/Framework%2520for %2520Reflection.doc+Johns+Model+of+Structure+Reflection&hl=en&ct=clnk&cd=4&gl=uk th Accessed 11 January 2008 Hilliard C (2006) Using structured reflection on a critical incident to develop a professional portfolio. Nursing standard 21 (2) 35-40 Johns C (1995) Framing learning through reflection within Carper’s fundamental ways of knowing in nursing. Journal of Advanced Nursing. 22, 2, 226-234 Johns Model of reflection Johns Model of Reflection Description of the experience Describe the experience and what were the significant factors? Refection What was I trying to achieve and what are the consequences? Influencing factors What things like internal/external/knowledge affected my decision making? Could I have dealt with it better What other choices did I have...
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...1. In your answer, identify the main lines of argument and differences in points of view between the commentators and the author. Justify your own point of view regarding the importance of reflection to individual and organisational performance. In his article, “I Don't Have Time to Think!, Versus the Art of Reflective Practice”, Joseph Raelin defined the importance of reflective practice, laid down organizational strategies that encourage reflection, and called for developing the skills of reflection. Two commentators, namely Phillip DiChiara and Philip McArthur, presented contra-arguments as to the standpoint of the author on reflective practices. DiChiara's main argument evolves around the creation of a “safe space” to make reflection viable, whereas McArthur reckons the key barrier to reflection-in-action is not necessarily time but skill. Besides, he disagrees with the author on how to apply certain skills of reflection at the individual or collective levels. Philip DiChiara opines that the concept of reflective practise is essentially unknown to many practitioners. His main argument is that reflective practice can never flourish if the organization or managers do not set the stage and create an environment for reflection. He argues that managers have to facilitate the correct balance between “getting down to business” and nurturing a conducive environment for refection in order to engage their peers. In his belief, this is essentially due to the differences from group...
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...Using Student Self-Reflections to Improve Student Study Habits in the Mathematics Classroom A Capstone Project Submitted in Partial Fulfillment of the Requirements for the Degree of Master of Arts in Teaching: Mathematics Nancy Daly Department of Mathematics and Computer Science College of Arts and Sciences Graduate School Minot State University Minot, North Dakota Summer 2011 ii This capstone project was submitted by Nancy Daly Graduate Committee: Dr. Laurie Geller, Chairperson Dr. Cheryl Nilsen Dr. Rebecca Anhorn Dean of Graduate School Dr. Linda Cresap Date of defense: Month day, year iii Abstract Type the abstract here. Do not indent. It should be one block paragraph. The abstract is a summary of your paper. iv Acknowledgements Type your acknowledgements here. Indent each paragraph 0.5 inch. You can thank whomever you choose. v Table of Contents Page Abstract .................................................................................................................. iii Acknowledgements ................................................................................................ iv List of Tables ....................................................................................................... viii List of Figures ........................................................................................................ ix Chapter One: Introduction ................................................................
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...HCS210-Exercise 1 The following information was obtained from the books of JB Ncube , sole proprietor who operates a grocery shop in Gweru Central District for the month of January 2011. Jan 1 : JB Ncube deposited $30 000 capital in the business bank account. : paid rent by cheque $ 2000. Jan 3 : Bought goods and issued a cheque $ 12000. Jan 4 : Sold goods for cash $ 15000. Jan 7 : Bought goods on credit from the following suppliers; Makanakaishe traders $ 5000 Jaggers Wholesalers $ 7000 Chic Traders $ 15000. Jan 10: Returned goods to the following suppliers ; Makanakaishe $ 500 Jaggers $ 1000. Jan 12: JB Ncube used goods worth $ 2000 at cost for personal use. Jan 15: Issued cheques to the following suppliers: Makanakishe $3 900 in full settlement of the amount owing. Jaggers Wholesalers $ 5000. Chic Traders $ 13000. Jan 17: Obtained a bank Loan for $ 40 000 from CBZ Ltd. Jan 20: Sold goods on credit to the following customers; Mashanda $ 14 500 Mangwaya $ 15 500 Jan 22: The following customer returned goods they had bought on credit; Mashanda $ 500 Mangwaya $ 1000. Jan 23: The following deposits were made by debtors into the business bank account Mashanda $ 14 000 in full settlement of the amount owing Mangwaya $ 10 000. Jan 25: Bought a Motor vehicle for use in business by cheque $ 10 000. Jan 27 : JB Ncube introduced his personal equipment with a value of $ 5000 . Jan 30 : Paid for...
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...(a) Assuming a straight line amortization, the carrying value of the outstanding Carlin Corporation 5-year bonds on January 1st, 2010 The face value of the bond equals $2,400,000. To figure out the proceeds from the sale of the bond, we multiply $2,400,000 (original issued) by the discounted price of $0.95 which equates to $2,280,000. We then subtract $2,280,000 from the original issued value of $2,400,000 which gives us the discount on bonds payable amount of $120,000. We then take that $120,000 and divide by the five years equating to a bond discount amortization per year of $24,000. The next steps involves subtracting the 2 years of amortization (January 2008 through January 2010) of $48,000 from the original discount on bonds payable amount of $120,000 which gives us a total of $72,000. Lastly, we subtract this final number subtracted from the original issued value of $2,400,000 giving us the total carrying value of the bonds at a value of $2,328,000. (b) The Journal entry to retire the 5-year bond is Debit Credit Bonds Payable $2,400,000 Discount on Bonds Payable $72,000 Gain on Bond Redemption $328,000 Cash $2,000,000 (To record redemption of 8% bonds) The Journal entry to issue the new 10-year bonds is Cash $2,000,000 Bonds Payable $2,000,000 (To record sale of 10-year, 11% bonds at par) (c) Short Memo to the president listing the economic factors that I believe should be considered for her...
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...Fire Evacuation Meeting December 23, 2019 0900hrs – 1130hrs Padre White Lounge Meeting called by: Positive Outlook Company Type of meeting: Planning Planning Facilitator: Tom Jones Note taker: Sally Fairfield Sally Field Timekeeper: Sally Field Attendees: Tom Jones, Fred Nerks, Sally Field, Peter Rabbit, Karen Goat, Peter Hazard Apologies: Nil Minutes of last meeting Sally Field Minutes Agenda item:O901hrs 1. Proposed Planned Evacuation Routine, Companies fire/ evacuation policies. Presenter: Tom Jones Discussion: Welcome by Tom Jones explanation of meeting purpose given Request for all phones to be turned off. Companies fire evacuation procedure need to comply with the companies fire safety policies and government by-laws. Building Plan shown Action items Person responsible Deadline Nil action required Agenda item:0938hrs Role of Fire Brigade in the event of fire or evacuation of building and requirements of this department Presenter: Fred Nerks Discussion: Fire chief would take command on delegating tasks in the event of fire. Fire Brigade free uncluttered access to all parts of building at all times Have access to building plans displaying location of exit doors fire extinguishers etc .A plan of building to be placed clearly in foyer showing locations of fire equipment, exits and evacuation assembly point. Action items Person responsible Deadline Plan of building charting the above needs Tom...
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...FEN’SCAFÉ Esther Wong is the owner of FEN’S café on 1st January 2015. Esther was a barrister of a café for 6 years, she resigned and pursue her dream to start a café of her own. The business started with $600 000 as capital. The café operates under sole proprietorship. There are 7 employees in this café which is the manager, cashier, two barristers, pastry chef and two waiters. It’s concept of this café is to let the customer feel relax and comfortable while in the café. FEN’S café provide the finest coffee and delicious cakes to customer also free Wi-Fi online connection. Coffee bean in FEN’S café is imported from Hawaii, USA and baked cake which match with the coffee. The café provide a special quiet area for customer enjoy their coffee while they doing their job, reservation is needed. Besides, cakes in the café available for delivery to your house. FEN’S café is allocated at Solaris Mont Kiara, address is No.27, Jalan Solaris, Solaris Mont Kiara, 50480, Kuala Lumpur. FEN’s café phone number is 03–62598797. Visit our Facebook page, https://www.facebook.com/FEN’S_CAFE@Kepong. The following table shows the business transactions of FEN’S café during January 2015. 2015 | Description | Jan 1 | Business started with $600 000 in the bank | Jan 2 | Transfer $10 000 to cash account | Jan 4 | Paid rent expenses $2 800 by cheque | Jan 5 | Purchase furniture of $25 000 by cheque | Jan 6 | Bought kitchen equipment of $5 000 by cash | Jan 7 | Bought goods...
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...of communication amongst the health care professionals and how a good nursing documentation is an integral part of nursing. It will also demonstrate how reflection enabled me to make sense of and learn from this experience, as well as identify any further learning developments needed to improve my practice and achieve the level of competency needed for when I qualify as an assistant practitioner. While discussing the knowledge underpinning practice, evidence based literature will be reviewed to support my discussion and for the purpose of reflection the essay will be written in the first person. Spouse, J, et al (2008). Jonhs, C (2009) defined reflection as learning through our every day experiences, towards realising one’s vision of desirable practice as a lived reality. He also added that it is a critical and a flexible process of self inquiry and transformation of being and becoming the practitioner you desire to be. However, Ghaye, T et al. (2000) stated that for the health care professionals to develop a more reflective posture, they must fully embrace both the principles and the practices of reflection. It is about becoming more aware of how we learn and how this affects what we think, feel and do. There are different models for reflection; some are more complex and detailed than others. To help me with my reflection, I have chosen Gibbs (1988) reflective cycle as a guide: The names of the patient, staff members and health care setting will be changed to protect...
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...Learning through reflection 2 Reflection is an active process whereby the professional can gain an understanding of how historical, social, cultural and personal experiences have contributed to professional knowledge and practice (Wilkinson, 1996). Duffy (2007) believes that reflective practice is an active deliberate process of critically examining practice where an individual is challenged and enabled to undertake the process of self-enquiry to empower the practitioner to realize desirable and effective practice within a reflexive spiral of personal transformation. Learning is derived from experience but it doesn’t just happen. For it to take place you not only need to engage in reflection you must also record it. By thinking about what you are doing and why you are doing it is what turns your experiences into meaningful learning. If you are to become a reflective practitioner you have to use that learning to increase your professional knowledge and skills to the benefit of not only yourself but also to your patients / clients. Why Reflect Reflection is really a process that begins with looking back on a situation, pondering over it, learning from it and then using the new knowledge to help you in future similar situations. Reflection, which is learning through experience, is not a new concept. As humans, we naturally reflect on our surroundings and experiences. However, the conscious, deliberate and ordered process of using reflection as a learning tool...
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...GE 2218 Third Reflection Paper “Write your own script for your play” this is the most impressing point I have learnt form Mr. Ki ‘ s success on his career, which is also the major principle for his career management. In this talk, Mr. Ki shed light on the meaning of success from different perspectives and dimensions. I can tell from his career that he is satisfied with what he did in the past and what he is doing now. There are two essential factors I can draw from his experience, reinvent your career and refine your life. For the points that he raised in this talk, I quite endorsed his unique perception on career that it is divided into three phases. “ Work for success”, “ work for significance” and “ work for legacy”. Apart from myself, I guess most of the people value ones’ success by wealth and positions. Mr. Ki , however, adds to that life structure, purpose, identity and significance. Exemplified by Mr. Ki ‘s career, he retreated from his respected working position just at the prime of his career simply because he wanted to do something meaningful, not only to his life but also to the whole society. So he transfers his prowess to help and engage in social enterprise project. Reinventing one’s career is equally important in a sense that it helps put your career into perspective, and achieve a balance of life, just like what Mr. Ki mentioned, the second career, the parallel career and the social career. Besides, always reflect on you experience as well as have a full...
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...Examples of Reflective Writing Example 1 I arrived on the ward at 7:30 ready to begin a 12-hour shift. After receiving handover, my mentor assigned me the job of bathing Mr B with the help of a healthcare assistant. Mr B has Creutzfeldt-Jakob disease (CJD), a progressive disease of the nervous system with rapid deterioration due to spongiform encephalopathy. He is not expected to live to Christmas, even though he is only 19 years old. He is mentally aware of what is going on but is physically unable to demonstrate activities of daily living, including eating and drinking, has limited communication skills and is doubly incontinent. He is unsafe on his feet so mobilises with a wheelchair. I approached Mr B’s bed and asked his consent to take him for a bath. While the bath was running we began helping him to undress. He looked rather nervous. At the thought of myself being in his position, being the same age as him, I began to feel embarrassed too. I thought that I could not possibly be a professional individual if I let my embarrassment and sympathy get in the way of my nursing care. We assisted Mr B into the bath and started his wash. I knew he was uncomfortable and wanted to be able to wash himself, but was unable to do so. I was finding it difficult to look him in the eye, especially when it came to washing his genitalia. I tried to ease this by making conversation, but in a way this made matters worse. After the bath we dried Mr B, dressed him and returned him...
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...------------------------------------------------- University of Phoenix Material Academic Success Answer each question below in at least 75 words per question, reflecting on your current abilities, and identify resources to strengthen your skills. Refer to the videos, readings, and other weekly assignments to help you compose your answers. Question | Your reflection | How would you define academic readiness? | I would define academic readiness as your own understanding of your study. Also what your own goals are and what your plans are to obtain them. As well as what your self discipline is | What concerns, if any, do you have with academic writing and reading? | My concerns mostly is the writing part of it all. I love to read, I just have a hard time putting things on paper. But. I know I will learn through all these exercise | What two university resources will you use to strengthen your writing and reading skills (refer to your Student Resources Worksheet)? | I believe the two resources that will best benefit me will be writepoint and guides. | What is your personal learning style (refer to the Ch. 1 Aplia homework)? | My personal learning style is like more hands on mode3. | What are two obstacles you might need to overcome (refer to your Life Factors and personality assessments)? | One of my biggest obstacle is time management. Plus another would be financial. | What strategies can you use to overcome these obstacles and be successful? | One strategy would...
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