Unit 31

In: Business and Management

Submitted By liksu
Words 1614
Pages 7
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, enjoy all the economies and benefits of large-scale organisations. This reduces their costsand increases the profits.

Central location:
Department stores like Primark are located in the heart of towns and cities making it easier to access for customers.

Economy and Advertising:
The advertisement of one department is the advertisement of the other departments also. A…...

Similar Documents


...Unit 1 The business environment School: Zadkine Name: Julian Tillema Class: 1m Teacher: mrs. See Date: 19-12-2011 Unit: 1 Index Companies: Jumbo and Sony Task 1 * Describe their purposes, ownership and type. Page. * Describe the different stakeholders and their influences on the purpose of the organizations. Page. * M1! Explain how from different points of view stakeholders seek to influence the aims and objectives of the chosen organizations. Page. * D1! Select one of the organizations and provide an evaluation of the influence stakeholders exert on the organization. Page. * Describe how the businesses are organized identifying the activities of and relations between the functional areas. Page. * Explain how the way they are organized makes it possible for them to fulfill their. Page. Task 2 * Describe how each of the different economic environments influences the selected organization. Consider topics such as income, growth, level of development, demand and supply to highlight the differences. Page. * Compare how the challenges of the two different economic environments are faced by the selected business in their activities. Page. Task 3 * Describe and analyze how political, legal and social factors are impacting upon the business activities of the selected organizations; * Evaluate how expected future changes in economic political, social and legal factors may impact...

Words: 8605 - Pages: 35

Cory Monteith Dies at 31

...Cory Monteith dies at 31. What an early age to die right? I was never a Glee fan but for a short period, ummmm say 1 season, I actually enjoyed it because of Noah! Of course, I never did discount the talent of Rachel and Finn. Cory Monteith's life was cut tragically short on Saturday, July 13. The Glee star, who celebrated his 31st birthday on May 11, was found dead in a hotel room at the Fairmont Pacific Rim Hotel in Vancouver, Canada, police announced in a press conference. According to Vancouver PD, emergency personnel arrived at the hotel shortly after noon, at which point Monteith was pronounced dead on the scene by paramedics. The coroner is investigating cause of death. Foul play is not suspected. "We are so saddened to confirm that the reports on the death of Cory Monteith are accurate," the actor's rep said in a statement to Us Weekly shortly after news broke of the tragedy. " We are in shock and mourning this tragic loss." PHOTOS: Stars gone too soon Monteith had recently completed treatment for substance addiction. On March 31 of this year, he announced via his rep that he had voluntarily checked himself into rehab, buoyed by the support of his girlfriend, Lea Michele, and others. "Cory is a beloved member of the Glee family, and we fully support his decision to seek treatment," 20th Century Fox TV said in a statement at the time. "Everyone at the show wishes him well and looks forward to his return." In recent weeks, the actor had seemed......

Words: 663 - Pages: 3


...UNIT 6: BUSINESS DECISION MAKING Unit 6: Unit code: QCF level: Credit value: Aim Business Decision Making D/601/0578 5 15 credits The aim of this unit is to give learners the opportunity to develop techniques for data gathering and storage, an understanding of the tools available to create and present useful information, in order to make business decisions Unit abstract In business, good decision making requires the effective use of information. This unit gives learners the opportunity to examine a variety of sources and develop techniques in relation to four aspects of information: data gathering, data storage, and the tools available to create and present useful information. ICT is used in business to carry out much of this work and an appreciation and use of appropriate ICT software is central to completion of this unit. Specifically, learners will use spreadsheets and other software for data analysis and the preparation of information. The use of spreadsheets to manipulate of numbers, and understanding how to apply the results, are seen as more important than the mathematical derivation of formulae used. Learners will gain an appreciation of information systems currently used at all levels in an organisation as aids to decision making. Learning outcomes On successful completion of this unit a learner will: 1 2 3 4 Be able to use a variety of sources for the collection of data, both primary and secondary Understand a range of techniques to analyse data effectively for...

Words: 1014 - Pages: 5

The Goal Chp 31-45

...The Goal Chapters 31 – 45 1. Give two examples from Alex’s company to illustrate the notion of “common sense is not common at all.” First, according to the cost-accounting rules that everybody has used in the past, Alex’s company is supposed to balance capacity with demand first, and then try to maintain the flow. However, instead they shouldn’t be trying to balance capacity at all; they need excess capacity. The rule they should be following is to balance the flow with demand, not the capacity. Second, the incentives they usually offer are based on the assumption that the level of utilization of any worker is determined by his own potential. In fact that’s totally false because of dependency. For any resource that is not a bottleneck, the level of activity from which the system is able to profit is not determined by its individual potential but by some other constraint within the system. 2. Do you feel that Socratic approach, “Don’t give the answers, just ask the questions!” is an effective way to teach or to overcome the resistance to change? Why did Julie suggest that Alex needs to learn more Soc-rate’s method from Jonah? Yes, “Don’t give the answers, just ask the questions!” is an effective way to teach or to overcome the resistance to change. Jonah’s way of leading to the answers through asking questions, his “Socratic approach,” is very effective at peeling away the layers-the thick layers-of common practice. Alex tried to explain the answers to......

Words: 1031 - Pages: 5

Unit 31

...Assignment 3 GIF (Graphics interchange format) is a format in which an animation is saved. An animated GIF is a file format used to create basic animations. Some of the advantages of animated GIF’s are that if they are high quality and not pixilated then the animation will appear more appealing on a website; however the overuse of animated GIF’s on a website could leave the animation with lots of images, this could leave the users distracted or uninterested in the website. Also GIF’s compared to other formats have a small file size this enables them to be put on to website quickly and easily. Continuing from this point animated GIF’s have lossless compression this helps the file size to be reduced without a large amount of distortion so quality is not excessively lost. Another advantage of animated GIF’s is that they support transparent backgrounds, meaning that a transparent background can be used on a website instead of using a plain background, this will make the website look more unique. Some of the disadvantages of animated GIF’s are that they only support a maximum of 256 colour pallet so if you wanted to create an animation using specific colour shades then an animated GIF won’t allow this. Another disadvantage of animated GIF’s is that they only work in some web browsers that don’t support animated GIF’s such as they don’t normally operate on a file system explorer but they work on Google Chrome. Software tools available for animation; Layers Layers......

Words: 888 - Pages: 4

Business Btec Level Three - Unit 31 - D1

...D1 - Evaluate the way in which a fashion retailer has adapted its policies in response to an identified target market characteristic. Topman have many polices that are there in order to make the experience and the time in the store or buying online better for the consumer. The polices are often tailored to the target market to make sure that they are meeting the market characteristics. Topman makes sure that the target market that they are aiming towards is going to be attracted to what they have on offer in terms of a brand and a business. The polices within Topman would have been adapted and made to response to the characteristics of the target market they are aiming towards. The target market of Topman is teenagers and students, through from around 14 years of age to around 25 years of age. The range of clothes and what the offer has all is adapted around this. This does include the prices and the methods of payment that they accept online and in store to make it affordable to look good on a low budget because all of the people in the target group that the are marketing towards don’t have much disposable income but are all at the time in their lives that they want to look the best they can and do spend a lot of time on the way they look and what they go out the house wearing. All the policies that Topman use and support are and have been adapted to suit the needs and characteristics of the target market. Topman offer and will always provide student discount online......

Words: 1761 - Pages: 8

Case 11: the Launch of the Playstation 31

...Case 11: The Launch of the PlayStation 31 Submitted by: Braga, Cris Jefferson Camacho, Paolo Miguel Castro, Raven Gamalong, Jedalynn Joie Herrera, Stanley Maeda, Dianara Submitted to: Ms. Donna Abrina, MBA January 9, 2015 I. Problem Defined What should Sony do to maximize the value of the PS3 to meet the consumer’s satisfaction? II. Analysis and Recording of Current Situation i. Environment Technology: In the history of Sony, they tend to have many failures in creating a technology or gadgets. They fail to make the consumers accept the thought of their gadget. One example is the Betamax. But on the other hand Sony continuously innovate their products and they also in tend to create new ones. Sony is also the one of most successful company in producing radios. And also, Sony has a great innovation in terms of making the video game player, such as the Playstation 3. Social: The company has caught the attention of the consumers about their technology, special the release of play station and the company’s radios. In the case of the Play station 3, the company failed to keep the interest of the consumers because of their limitations, like the games. And because of their limitations, retailers tend to cancel orders due to lack of demand. Economic: The company experience a higher rate of return because the company did not achieve the demand of the consumers. The release of the Play Station 3 was not maintained interesting because of the lack of games....

Words: 1073 - Pages: 5

Hlt 362 Excercise 31

...months t ratios for the variable Exercise from Table 3. What is your conclusion about the long-term effect of the health-promotion intervention on Exercise in this study? Answer: t=-7.75* (3months) and t= -3.93* (6 months). At 3 months, the difference in exercise from pretest was statistically significant with t = - 7.75*, P< 0.05. At 6 months the difference in exercise from pretest was also statistically significant with t = -3.93*. The result indicates that exercise variables increased significantly from pretest (mean 1.88) to 3 months (mean 2.58), and decreased at 6 months (mean 2.29) as compared to 3 months. Thus, the health promotion intervention did not have a positive long term effect on the subject’ exercise pattern. 236 EXERCISE 31 • t-test for Dependent Groups 6. What is the smallest, significant t ratio listed in Table 2? Provide a rationale for your answer. Answer: p= 2.03*, P< 0.05 is the smallest significant t ratio listed in table 2. 2.03 is the smallest t ratios with an asterisk, indicating that cholesterol was statistically significant from pretest to 3 months in this study at p<0.05. 7. Why are the larger t ratios more likely to be statistically significant? Answer: For the larger calculated t ratios, the smaller the observed p values and more likely one will reject the null hypothesis, since the groups are significantly different. 8. Did the health-promotion program have a statistically significant effect on Systolic blood pressure......

Words: 1102 - Pages: 5

Unit 31- M2

...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......

Words: 337 - Pages: 2

Unit 31: Food Safety Management

...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 http://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;......

Words: 1159 - Pages: 5

Proverbs 31 Woman

...Proverbs 31: The Assumptions and What We Should Learn From Her A normal assumption of the Proverbs 31 woman is a woman who is perfect. A woman who has her whole life put together, is simply astonishing in every way, and is surprisingly a woman that many Christian women dread to read about. What makes this woman so significant is not that she knows how to cook, clean, care for her children, and work hard, it is her wisdom that shines through and her fear of the Lord that makes her a woman of virtue. Other people have speculations of the Proverbs 31 woman; being too feministic, figuratively speaking on what a woman should and should not be, and trying to create a cookie cutter woman that is seen as perfect. Proverbs 31 is a great chapter, yet why do so many hate on it? Most people know about the Proverbs 31 woman, but most people actually don’t know the real story of the man behind this. The content of this chapter was written by a mother to her son, King Lamuel, who most people believe to be King Samuel. So if it was King Samuel than that means that the mother was Bathsheba, also the wife of King David. Proverbs 31 was actually meant for men, not necessarily women. It’s the man’s responsibility to find this woman who is rare to find because she is a jewel among many stones that symbolize the worldly women. Proverbs 31 was meant to be memorized for Jewish men. Yet many Christian women seem to cringe when reading Proverbs 31 because of the feeling of inadequacy. Some even......

Words: 1409 - Pages: 6

Unit 31 , P1

...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......

Words: 330 - Pages: 2

Mark 10:17-31 (Analysis)

...Mark 10:17-31 “The Rich Young Man” Tylor Burkhalter 4/2/11 Gospel of Mark INTRODUCTION: I chose to write about Mark 10:17-31. This pericope tells the story of the rich young ruler. The young man had followed all the commandments since child hood yet it wasn’t enough, Jesus asked him to sell all that he had and follow him. The young man couldn’t do it and went away from Jesus sad. Jesus explained to the disciples how it is is impossible for a rich man to enter the Kingdom of God, because a rich man will put his trust in his own riches. To finish the pericope Jesus goes on to explain that we can only be saved through God not by our works or deeds. This pericope really jumps out at me because my family has always been well off and we’ve always went to church and paid our tithes and gave in the offering. Yet, when God called me to give up the wealth that I had accumulated to evangelize overseas I readily accepted this call even though most likely I will never have the same wealth that I have now. This was a easy choice for me because my parents always had me read this particular portion of scripture and learn so I could better understand that no matter what worldly possessions that I acquire they won’t save me only God can. There is considerable evidence that the author we know as Mark wrote the first of the Gospels approximately 70 CE. One of the internal clues to the date of Mark's Gospel is at Mark 13:2, where Jesus was said to prophesy the destruction of the......

Words: 2958 - Pages: 12

Task 1 Unit 31

...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......

Words: 417 - Pages: 2

Exegesis of Mark 10:17-31

...Lexington Bennett Haile 11:00 T/TH Exegesis Paper Exegetical Analysis of Mark 10:17-31 17 As he was setting out on a journey, a man ran up and knelt before him, and asked him, ‘Good Teacher, what must I do to inherit eternal life?’ 18Jesus said to him, ‘Why do you call me good? No one is good but God alone. 19You know the commandments: “You shall not murder; You shall not commit adultery; You shall not steal; You shall not bear false witness; You shall not defraud; Honour your father and mother.” ’ 20He said to him, ‘Teacher, I have kept all these since my youth.’ 21Jesus, looking at him, loved him and said, ‘You lack one thing; go, sell what you own, and give the money to the poor, and you will have treasure in heaven; then come, follow me.’ 22When he heard this, he was shocked and went away grieving, for he had many possessions. 23 Then Jesus looked around and said to his disciples, ‘How hard it will be for those who have wealth to enter the kingdom of God!’ 24And the disciples were perplexed at these words. But Jesus said to them again, ‘Children, how hard it is to enter the kingdom of God! 25It is easier for a camel to go through the eye of a needle than for someone who is rich to enter the kingdom of God.’ 26They were greatly astounded and said to one another, ‘Then who can be saved?’ 27Jesus looked at them and said, ‘For mortals it is impossible, but not for God; for God all things are possible.’ 28 Peter began to say to him, ‘Look, we have left everything and...

Words: 2993 - Pages: 12