...Unit 31: Fashion Retailing M1: to achieve the merit analyse your findings My two retailers that I have chosen are Primark, which are a department store, and JD sports which are a franchise. These two retailers have both their advantages and disadvantages individually as retailers and it is my task to explain and point out these advantages and disadvantages. Primark is a department store, a department store characteristic features include * Large-scale retail stores * More than one department under one roof * Each department specialises in a particular kind of trade * They are located in the important central places of the big cities They follow a basic principal; it is easier to sell more goods to the same customers if a large variety of goods are presented than to sell the same kind of goods to many customers, Primark follows this principal acting as universal suppliers. Advantages of department stores like Primark: Shopping convenience: They allow customers to purchase all their goods under one roof instead of purchases different goods from different stores, this is a convenience to both customers and Primark as it saves the customers time and saves Primark time and labour Wide choice: The wide choice of goods Primark supplies allows customers to select goods of their liking from large stock of goods of different qualities like brands, design, colours, styles etc. Economies of large scale: Departmental stores, being large-scale establishments...
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...Retail outlets | Example of store | Characteristics of target market | Department store | Liberty ( consul work cloths) | Liberty age group is 30+ and the cloths that are sold in the store are for both gender ( male and female. Liberty product height and size are all normal to their customers. People who are buying their product in liberty than they must be really wealthy people and they need to have lots of money or loaded with money. In liberty they are don’t have any culture different as they will have all kind of customers and the product that are related to them. There are also no culture influence as they will have many different fashion trends witch any kind of music or TV. Liberty don’t have any different cause they have product that are relevant to any customers and there is also no culture influence as they don’t really associate with the fashion trends with music and TV. In liberty the customers habits and motivation is a monthly habits as they are lots expensive than other store. Their Market responses is innovator because they are very unique then others department store. | | Next | Next age group is 16+ as they are going to attract as much customers as they want. The product that are sold to their customers are for both gender but most product are especially for women. In next the height and size for clothes are all normal. People who are shopping in next are mostly in working classes the product are little less price ( not too much ) but you need to have...
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...M2- Compare And Contrast The Skills And Techniques for two different land based activities. In comparison they both roughly entail fairly high standards of physical fitness, from a beginners point of view. They both require you to be already physically ready to be put into often dangerous situations, with a mental state of awareness whilst partaking. Abseiling predominantly requires you to rely solely on your own upper body strength, by using your arms and hands to descend down the rock face. via rope and the coordination to be able judge their own bodily weight through strength. Whereas for mountain biking you are required to focus on your lower body strength. Specially the hamstrings and calves. so they both focus on different aspects of your fitness levels on an equal scale. So to say one requires more or less levels of fitness is difficult. Another similarity is the trend of the basic levels of initiative and traits needed to take full enjoyment of the exercise. They all require you to show some form of positivity and enthusiasm when starting the exercise. To have a keen determination to learn and grow into the experience and to take those skills into future similar exercises. in contrast those skills determine the work rate required to participate in the activity. Abseiling require a small host of technics and skills needed to do the activity. To learn how to use the rope effectively and how to descend safely. By learning the various equipment and how easy they are...
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...How Prada and Primark define their target markets for fashion merchandise Prada is multinational luxury fashion retailer that specialising in luxury high-end leather and fashion accessories, shoes, luggage, perfumes, watches, founded in Italy. Primark is a multinational clothing retailer that specialising in cheap low-end trendy accessories, shoes, luggage, perfumes, watches, founded, which has Irish origins under the name Penneys as it was founded in Dublin. | Prada | Primark | Age: these are the age groups targeted by the businesses | Prada target the 20+ market segment as they provide an image of success and wealth which appeals to this age range | Primark targets all age groups as they provide a wide range of products in a large variety of sizes and sell clothing that have wide appeal through out the various age groups. | Gender: these are the genders targeted by the businesses | Prada targets both males and female as they produce clothing items as well as accessory’s, jewellery and footwear for both genders | Primark targets both males and female as they produce clothing items as well as accessory’s, jewellery and footwear for both genders | Personal characteristics: this focuses on the personality traits the business attempts to appeal too. | Prada targets customers who have High self-esteem, customers who are proud want to be seen as that as well as people who want to appear as being Intelligent and sophisticated | Primark targets...
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...UNIT 31: FOOD SAFETY MANAGEMENT Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the agents that cause food-borne illness and the contamination of food Bacteriology: main bacteria of concern – salmonella, clostridia, listeria, E. coli, campylobacter, staphylococcus; toxins; growth conditions; characteristics; incubation and onset times of illness Physical contamination: explanation of physical contaminants; prevention of physical contamination; methods of control Chemical contamination: types of chemical contaminants; prevention of chemical contamination; methods of control Food poisoning: causes; symptoms; duration Food-borne infections: difference between food-borne infection and food poisoning; agents of food-borne disease; sources of contamination; prevention measures High-risk foods: foods that are most likely to cause food poisoning https://www.blogger.com/blogger.g?blogID=5649485182751853952#editor/target=post;postID=4763169365889993301 LO2Understand the processes that can prevent food spoilage and preserve food quality Food spoilage agents: bacteria; yeasts; moulds; enzymatic activity Food preservation methods: high and low temperatures; chemical; physical Special processes to prolong shelf life: irradiation; ultra-violet; vacuum-packing; controlled atmospheres LO3 Understand the importance of effective prevention systems in the control of food contamination Temperature control: delivery; storage; preparation; defrosting; cooking;...
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...breakages. At Mumbai, the manufacture paid octroi duty @ 0.20 kg. He also paid hamali, Rs 20 for the chemical a, Rs 58.12 for chemical B and Rs 35.75 for chemical C. Calculate the stock rate that you would suggest for pricing issue of chemicals assuming a provision of 4 % towards further deterioration and also show the quantity (kgs) of chemicals available for issue. 2. ABC Ltd has collected the following data for its two activities. It calculates activity cost rates based on cost driver capacity. Activity Cost driver Capacity Cost Power Kilowatt hours 50000 hrs Kilowatt Rs 200000 Quality Inspection Numbers of inspection 10000 inspection Rs 300000 The Company makes three products, A, B and C.For the year ended March 31, 2004, the following consumption of cost drivers was reported: Product Kilowatt-hours Quality Inspection A 20000 7000 B 40000 5000 C 30000 6000 Compute the costs allocated to each product from each activity Calculate the cost of unused capacity for each activity. 3. Reliable company wishes to discontinue the sale of one of the products in vew of unprofitable operations. Following details are available with regard to turnover, cost...
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...breakages. At Mumbai, the manufacture paid octroi duty @ 0.20 kg. He also paid hamali, Rs 20 for the chemical a, Rs 58.12 for chemical B and Rs 35.75 for chemical C. Calculate the stock rate that you would suggest for pricing issue of chemicals assuming a provision of 4 % towards further deterioration and also show the quantity (kgs) of chemicals available for issue. 2. ABC Ltd has collected the following data for its two activities. It calculates activity cost rates based on cost driver capacity. Activity Cost driver Capacity Cost Power Kilowatt hours 50000 hrs Kilowatt Rs 200000 Quality Inspection Numbers of inspection 10000 inspection Rs 300000 The Company makes three products, A, B and C.For the year ended March 31, 2004, the following consumption of cost drivers was reported: Product Kilowatt-hours Quality Inspection A 20000 7000 B 40000 5000 C 30000 6000 Compute the costs allocated to each product from each activity Calculate the cost of unused capacity for each activity. 3. Reliable company wishes to discontinue the sale of one of the products in vew of unprofitable operations. Following details are available with regard to turnover, cost...
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...of materials purchased $192,000 Total direct labor costs $168,300 Depreciation – factory machinery $36,200 Small tools expense $8,100 Office supplies $13,400 Machine helpers wages $48,500 Miscellaneous factory expenses $19,600 Presidents salary $125,000 Power - factory $27,100 Factory insurance expense $10,600 Factory supervisors salary $39,500 Sales and advertisement $18,000 Power-office $11,200 Depreciation – office equipment $8,500 Materials inventory (Dec. 31) $28,200 Work-in-process inventory (Dec. 31) $34,700 Finished Goods Inventory (Dec. 31) $13,900 The sales for Transcontinental Inc. during this year were $1,050,000 and a total of 4,800 units were completed during the year. Compute the following for the year: 1. Cost of materials used? _$197,300____ [Cost of Material Purchased + (Difference between Material Inventory Jan 1 - Material Inventory Dec 31)] 2. Factory overhead? ___$189,600____ [Depreciation – factory machinery + Small tools expense + Machine helpers wages + Miscellaneous factory expenses + Power – factory + Factory insurance expense+ Factory Supervisor Salary] …..All other costs are Administrative overhead and not Factory Overhead 3. Total manufacturing cost? $_555,200__ [Cost of Material Used + Factory Overhead + Direct Labor Cost] 4. Cost of goods manufactured? _$548,600___ [Total manufacturing cost + (Difference between Work-in-process inventory Jan 1...
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...PPM Proposal: Planned Giving PPM Proposal: Planned Giving Development Team Alpha NAVAL AVIATION MUSEUM FOUNDATION 4/14/2012 Development Team Alpha NAVAL AVIATION MUSEUM FOUNDATION 4/14/2012 Executive Summary “Planned Giving,” as proposed by the NAMF Board of Directors, is forwarding for consideration by the NAMF Governance Council with Development’s highest possible recommendation for immediate initiation. With the exception of “Aircraft Restoration,” this project should be given NAMF’s highest priority. While this will result in some delays in completing NAMF’s Corporate Giving project, the lack of corporate philanthropic support during the recession, coupled with the potential exponential increases in ROI, make “Planned Giving” a very lucrative and very low-risk endeavor. Application of Portfolio Process In a world of fast paced technology and stiff competition, companies need a formalized approach and method for maximizing their portfolios, programs and projects, by assessing their impact on the business and the company’s capability to deliver. In developing and implementing such a process it is important to understand and evaluate the existing project inventory against a set of predefined criteria established by the portfolio management team. Excising non-aligned, redundant or those projects that do not provide value will release scarce resources for better opportunities. (Wiley, 2011). A firm understanding is thus required of what projects are in work...
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...CASE 5-7 MARCUS YAMABUTO Summary Marcus Yamabuto graduated from State University in June 2007 and he began working for Huang & Garcia in September 2007, a large regional firm. Yamabuto’s first major audit was assigned was Dunco, a secondary manufacturer of plasma monitors that sells its to major manufacturers. Yamabuto was assigned to review sale documents and freight, the terms of the sale, and the proper cutoff treatment. Yamabuto discovered $2.4 million of revenue that had been prematurely recognized for the year ended December 31, 2007. He determined the problem by matching the invoices with corresponding freight bills, and then he noticed that the shipping date of one transaction was January 2, 2008 Question 1 What advice would you give to Yamabuto ? Include in your answer the reasons for providing that advice from both accounting and ethical perspectives. I will advise that as an auditor should give qualified opinion when the financial statements is a differences of opinion with management on the application of GAAP that is material in amount or material because of the nature of the difference in Dunco invoices with corresponding freight bills. Besides, Yamabuto also must give reasonable statements to Dunco, he was checks all transactions financial statement 2007 to 2008. Furthermore, Yamabuto a responsibility to plan and perform the audit to obtain reasonable assurance about whether the financial statement are free of material misstatement, whether caused by...
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...financing to purchase equipment to fill its large amount of backorders for the rest of the year. The reason it does not have enough current cash is because of unfilled orders which amounts to $16,500,000. Also, shipments have been on hold because they are waiting on parts from suppliers to complete $1,320,000 worth of inventories. The major developments that contributed to this situation include: suppliers are not being prompt with deliver of parts, as well as the large amount of backorders that have not yet been completed. 2. Based on the information in the case, prepare a projected cash budget for the four months September through December 1979, a projected income statement for the same period, and a pro forma balance sheet as of December 31, 1979. 3. Review the results of your forecast. Do the cash budgets and the pro forma financial statements yield the same results? Why? 4. Critically evaluate the assumptions on which your forecasts are based. What developments could alter your results? Is Mr. Cowins correct in his belief that Hampton can repay the loan in December? - There are a few factors that could alter the results. First, if the backorders of $16,500,000 do not get completed prior to year end it would certainly affect Hampton’s ability to repay the loan. If suppliers...
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...Version 1.0:02/08 abc General Certificate of Education Accounting Unit 3 Financial Accounting: Determination of Income Mark Scheme 2008 examination - January series www.XtremePapers.net Accounting ACC3 - AQA GCE Mark Scheme 2008 January series Mark schemes are prepared by the Principal Examiner and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation meeting attended by all examiners and is the scheme which was used by them in this examination. The standardisation meeting ensures that the mark scheme covers the candidates’ responses to questions and that every examiner understands and applies it in the same correct way. As preparation for the standardisation meeting each examiner analyses a number of candidates’ scripts: alternative answers not already covered by the mark scheme are discussed at the meeting and legislated for. If, after this meeting, examiners encounter unusual answers which have not been discussed at the meeting they are required to refer these to the Principal Examiner. It must be stressed that a mark scheme is a working document, in many cases further developed and expanded on the basis of candidates’ reactions to a particular paper. Assumptions about future mark schemes on the basis of one year’s document should be avoided; whilst the guiding principles of assessment remain constant, details will change, depending on the content of a particular examination...
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...1B. 1. Land 2. Factory Machinery 3. Delivery Equipment 4. Land Improvement 5. Delivery Equipment 6. Factory Machinery 7. Prepaid Insurance 8. License Expense E9-7 A. 1. Straight Line Method 2011: $3,500 2012:$ 3,500 Accumulated Depreciation 2011: $26,500.00 2012: $23,000.00 2. The Units of Activity Method $0.28 per mile 2011 $4,200 2012. 360 3. The double-declining method 2011: $7,500 2012:$5, 625 B. 1. Dec 31 Depression Expense 3,500 Accumulated Depression 3,500 (To record the annual depression on truck) 2. Brainiac Company December 31, 2011 Balance Sheet Equipment: $30,000 Less Accumulated Depreciation: $3,500 Net property, plant, and equipment: $26,500.00 E9-12 Adjusting Entry Dec.31 Amortization Expense: Patent 12,000 Patients 12,000 Problem 9-7B A. Jan.2 Cash $45,000 Patients $45,000 (To record lawyer fees) July.1 Cash $23,000 Research and development expense $23,000 (To record research and development to...
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...The Proverbs 31 Woman One Virtue At A Time Courtney Joseph www.WomenLivingWell.org Edited by Katina Miller © 2011 | All rights reserved 2 Table of Contents Is the Proverbs 31 Woman For Real?..........................................................................................5 How to be Treasure to Your Husband.......................................................................................6 Does Your Husband Trust You?.................................................................................................7 A Woman of Action......................................................................................................................8 Working With Eager Hands........................................................................................................9 Shop to the Glory of God...........................................................................................................11 The Proverbs 31 Woman Rises Very Early..............................................................................12 Do You Have a Dream?..............................................................................................................14 Vigorously Clean Your Home & Get a Bonus Workout.......................................................16 Burning the Midnight Oil..........................................................................................................18 Mundane Tasks Are a Hidden Treasure............................
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...The first Study Habits Inventory (SHI) was prepared in 1933 by Wrenn, with a view to survey this feature among students. In 1935 research workers interested in the improvement of study habits, they paid attention to the discovery of effective study techniques and tried to improve study skills and habits of work through ‘how to study’ courses and other systematic procedures. Cuff (1937) carefully derived study-habits inventory and found that it aids in finding the pupils in need of special guidance and helps to identify remedial work for the good and bad study habits of individual cases. Brown and Holtzman (1955) constructed a questionnaire to survey students ‘study habits', as well as their attitudes and motivation towards academic work. Items were compiled from group interviews with good and poor students, existing inventories on study habits, studies using observational and interview techniques and reports on related experiments in the field of learning. Scoring keys based on validity studies in ten colleges were developed. Study habits basically consist of effective methods of study (Sorenson, 1954). Study is the total of all the habits, determined purposes and enforced practices that the individual uses in order to learn. Study is hard work, no easy substitute is available (Armstrong, 1956), Brown and Holtzman (1956) and Srivastava (1967) point out that for good academic success, good study habits and attitudes are important. Some reports stress that certain personality characteristics...
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