However there are some key personnel which are responsible for the success of an organization. Such roles are sometimes taken as a key success factor and people working in these roles are invaluable. A…
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ales figures from different shops, analyzing trends for coming years, participating with designers in designs, assembling prototypes, determining price ranges etc. These buyers decide which products much be bought and at what prices. Therefore they play a major role in deciding both selling price and cost of buying. Buyers usually set up their buying teams.
The merchandiser has an altogether different role from the fashion buyer. The merchandiser acts as a bridge between the buyer and seller. The merchandiser also however takes into account the financial perspective of things and ensures that a profit is generated. Relaying customer knowledge back to the designers is also an important aspect of a merchandizing job. This is done by analyzing sales figures and returns etc. The maintenance of stock according to seasonal demands is thus the job of merchandiser. They work in teams which forecast budgets and sales. Therefore merchandiser plays a key role in decision to buy.
The best performance has been made by coats as can be seen from the figures. Last years the sales for were at 125,000 pounds. This year however the sales have increased to 197,000 pounds. This shows an increase of 37% year on year in sales of trousers which is the highest in all categories. The worst performance has been shown by denim which fallen from 243000 pounds to 234000 pounds a decrease of 4%.
The sales targets should be moved up to create ambition and target higher performance. The past trend is an important factor in deciding sales forecast and trends and must be taken into account. For growing markets with aggressive promotions these sales trends can be misleading therefore they should only be used to calculate demand. The estimated impact of promotions and competition is integral in deciding sales forecasts. The area which is slacking i.e. Denim should be more focused. Moreover other areas are doing fine and sales targets should focus on incremental increase in all product sales.
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In 1936, it was established as a sauce factory. Yeo’s was the first company worldwide to package its Asian drinks in aseptic Tetra Brik containers using UHT process. As it gained popularity, the company expanded its product base to include more diversified beverage and food product’s under YEO’S brand.
It is implemented in the organisation on the ground that training and development is crucial for differentiating the organisation in the market. It is discussed how such programs are effective in realising the maximum potential of the employees. Then the importance of training and development in enhancing individual and organisational performance has been discussed and the way in which adds to the productivity.
Similarly, most of the business organizations in the present will have to rely heavily on technology to achieve profitability and success (Narayanan, 2001; Phaal et al., 2001). Technology also has a major role in the marketing activities as well as selling and buying of goods and services as most of the customers use computers and internet for their business transactions.
Then it was not used for many years. After some years, this site was selected as the landing area for the fighting war planes. From then it is used as the base for the military.(Doherty 2003). As this area is used also for testing the newly introduced airplanes, security is being put up throughout the Nevada desert.
This is supported by the principals of firms having core competences that distinguish them from their competitors (Hamel and Prahalad, 1994). In today's knowledge based society, it is generally believed that such unique resources rest in a firm's people in the form of knowledge, referred to broadly as human capital (Grant, 1996; Teece et al., 1997).
This suggests that the overall operational cost may be higher for the firm as compared to the industry. A further analysis would therefore reveal the key parameters of the costing system of the firm which may be resulting into such low
However, firms that are well established in their market are not particularly threatened by the expansion of globalization – and the following increase of competition in all industries. Current paper focuses on the examination of financial
ases, these vital aspects may not be present when workforce is recruited and therefore, majority of workers will be encouraged and motivated to undertake career development programs. AusBank is one institution where various career development and management have been initiated
The community has been in the headlines for being discriminated even by the current president and the efforts to seek justice for the community have revealed to be cumbersome (Asq.africa.ufl.edu, 2014).
There are reports that indicate that during the genocide
The belief is that the citizen or recipients needs take priority over the rights of the people who deliver the services, along with the taxpayers who eventually foot the bill. Those capable of providing health care, in other words,
4 Pages(1000 words)Case Study
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