...Course Project: AJ Davis Department Stores Natasha Unaphum MATH533: Applied Managerial Statistics September 10th, 2014 Professor Rolston Introduction: AJ Davis is a department store chain, they are trying to get to know more about their clientele and to further expand their business. A sample of 50 credit customers are selected for this research, information that includes, location (rural, urban or suburban), Income (in $1,000), size (household size), years (number of years lived in that location), and credit balance (customers current credit card balance on the store’s credit card). Discuss your 1st variable, using graphical, numerical summary and interpretation Numerical Summary of Credit Balance are as follows: Mean: 3970.5 Minimum: 1864 Standard Deviation: 931.9 Q1: 3109.3 Variance: 868429.8 Median: 4090 Skew: -0.15043 Q3: 4747.5 N: 50 Max: 5678 The histogram above shows the Credit Balance variable of the 50 customers surveyed. The histogram is almost symmetrical with one outlier which is the credit balance of $2,000. While it being symmetrical you can almost fold the y-axis in half to have it look the same. While observing the histogram, its skewed to the left because of the outlier, and the skew is -.015043. Using the Anderson-Darling Normality Test, the P-value for Credit Balance is 0.400, and A^2 is 0.38. Throughout...
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...Counter Offer to Summary/Offer to Purchase Real Property Due to acquisition of right of way and damages Silver Bullet, Inc. William “Bill” I. Young 1116 Shoal Creek Road | Burnsville | NC 28714 Property Location: 4075 Hwy 19E | Burnsville T:828.208.0006 1|P a g e COUNTER OFFER TO SUMMARY/OFFER TO PURCHASE REAL PROPERTY Submitted to the State of North Carolina Department of Transportation OVERVIEW Retail gasoline businesses, such this gas station and convenience store, are single-purpose economic enterprises. Because of their specialty of design, they cannot be readily converted to other types of businesses without a significant loss in value. Gas station convenience stores are special-built properties designed to make money in only one way, and they are not easily adapted to other uses. These businesses derive a significant part of their gross sales, about 50 percent, from the sale of motor fuels (National Association of Convenience Stores, 2006). The Silver Bullet recorded at one time 77% of gross sales from the sale of gasoline. This business also sold propane and kerosene (2000 UST). This site has (1) 8,000, (2) 6,000, and (1) 2000 gallon warranted (40 yrs) USTs for fuel (installed by Southern Tank & Pump, NC). stations, and canopies, which are situated on-site but separate from the building. Design features create and significantly influence the property value. For example, the fuel service is so specially-designed that if it becomes no longer profitable...
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...“mall-based” retail store chain that caters to 14 to 17 year old young women and men who are interested in “casual apparel and accessories (Aeropostale Inc. Corporate, n.d.). According to Aeropostale website, a Privacy Policy with Canada, states that Aeropostale Inc. has a subsidiary called “P.S. from Aeropostale” that caters to the 7-12 year olds (Aeropostale Inc., 2012, April). Mergent Online disclosed that Aeropostale Inc. “sells a range of apparel, including graphic t-shirts, tops, bottoms, sweaters, jeans, outerwear and accessories” (Mergent, 2012). Mergent’s Online Business Summary of Aeropostale Inc., reports that, “as of Jan 29 2011, [Aeropostale Inc.] Co. operated 965 Aeropostale stores, consisting of 906 stores in 49 states and Puerto Rico, 59 stores in Canada, as well as 47 P.S. from Aeropostale stores in 13 states (Mergent, 2012). Aeropostale was started for Macy’s department store under a private label in 1982 (Shop Aeropostale, n.d.). The name Aeropostale, according to Aeropostale corporate website, dates back to the 1920’s: “Compagnie Generale Aéropostale, a pioneer airmail company, was the first ever to fly between France, South Africa, and South America”, this is who the beginning Aeropostale stores were honoring in the “store designs” and “aviation styled leather bomber jackets” (Aeropostale Inc. Corporate, n.d.). In 1987, the “first [Aeropostale] store opens” (Shop Aeropostale, n.d.). With the help of Federated Department Stores Inc., Macy’s...
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...Huber v. Wal-Mart Stores, Inc. Summary Webster University The case of Huber v. Wal-Mart Stores, Inc. involves Pam Huber who worked for Wal-Mart as an order filler making $13.00 per hour until she became disabled (Twomey, 2013, p. 572). Pam was no longer able to perform the essential functions of the filler position (Twomey, 2013, p. 572). Pam sought reassignment to a router position which was vacant for which she was qualified, as a reasonable accommodation (Twomey, 2013, p. 572). Wal-Mart did not automatically reassign her to the router position, it had her apply and compete with the other qualified applicants (Twomey, 2013, p. 573). Wal-Mart filled the job with a nondisabled applicant and denied Huber the position as the router (Twomey, 2013, p. 573). They claimed the candidate who was hired was the most qualified applicant (Twomey, 2013, p. 573). Huber was paced in a janitorial position at another facility making only $6.20 per hour (Twomey, 2013, p. 573). Huber filed a suit under the ADA arguing she should have been reassigned to the router position as a reasonable accommodation for her disability (Twomey, 2013, p. 573). Wal-Mart filed a motion for summary judgment, contending that it had a legitimate nondiscriminatory policy of hiring the most qualified applicant for all job vacancies and was not required to reassign Huber to the router position ((Twomey, 2013, p. 573). Huber filed a cross-motion for summary judgment, and the district court granted Huber’s...
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...pull out from bottom and cover the entire back to protect against unexpected rainfall. All of these features and benefits will be wear the Thermos name that, through its 106 years in business (thermos.com, 2010), represents reliability and sustainability in itself. Augmented: The packs will come in a variety of colours and sizes including a line of children’s packs that will have various kid-popular cartoon images on the front. There will be a 30-day satisfaction guarantee as well as a 1-year limited warranty – the limits being loss and physical damage to name a few. There will also be a recycling guarantee that offers a discount towards purchase of a new pack if customers return old pack to Thermos for recycling. Features and Benefits Summary Segment Needs Product Feature Benefit Product to carry homemade lunch to work/leisure activities Backpack with built-in cooler-like lunch box. Green Urbanite can...
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...2015 Title of Assignment: Star Brite Stores – Mini Case Study CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student’s Signature: ************************************************************** Instructor’s Grade on Assignment: Instructor’s Comments: Executive Summary We have been hired to help Mack Stewart, the CEO and president of Star Bright Stores assess data to recommend the best type of franchise he should pursue for this company. The future success of the company is dependent on growing the business. In order to do so, he needs to attract potential franchises to purchase stores. Using the statistics he has been keeping on 27 different franchise owners with different characteristics. Using various excel functions, we have determined that the best type of franchise for Star Bright Stores has 5.5 thousand square feet, $540 thousand in inventory, spends $9.6 thousand on advertising, has 9.7 thousand families, and at least 14 competing stores within each district. The data below outlines how we came to these conclusions. Problem We have been hired to help the CEO of Star Bright Stores compile and evaluate data in order to best...
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...Retail Right Retail Right marketing strategy report A Blueprint to Baker’s Heaven Prepared by Adam Stone For Baxter Bakeries 23 Flinders Lane Brighton SA 5048 Australia 31/01/2015 Executive Summary Baxter Bakeries are a small business situated in the suburb of Brighton which is in the city of Adelaide and currently has a population of 14,907 people (ABS 2014). The suburb of Brighton is only ten minutes from Glenelg which is a popular tourist spot in Adelaide, and has over 50% of its population with people over the age of 45 (ABS 2014). Currently Baxter Bakeries is owned and operated by James Baxter who is an experienced pastry chef, with years of experience in making exotic and delicious pastries. James and his small team have a vision of delivering an experience to customers that not only creates a moment, but a lasting memory for the consumer. In order for James and his team at Baxter Bakeries to be able to achieve this outcome a competitive marketing strategy must be formed to ensure that this goal can be fulfilled in the near future. In order to create a competitive marketing strategy one must look at all the aspects that make up a market starting with the analysis of the market that Baxter Bakeries want to enter. In this analysis we will look at everything that could influence or create challenges for James and his team, including the buyer behaviour, microenvironment, and the macroenvironment. The purpose of looking at the buyer behaviour is that...
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...Running Head: The Rise of a Mass Society Summary The Rise of a Mass Society Summary Team C Due Week 2 Erik Escobar Kimberly Foster Brianna Gomez Cristina Gonzalez Isabel Ortega Ricardo Ruiz The Rise of a Mass Society Summary The word Gilded is best described in the words of writer Mark Twain from his novel written in 1873; The Gilded Age: A Tale of Today. When asked today what we thought Gilded means people think of this novel and describe Gilded as a form a greedy political corruption. The first gilded age was in 1874 to 1900. Twains book and definition of Gilded definitely summarized the corruption in public lives during the late 1800s. The term “Free Market” is a voluntary agreement of the exchange between two or more people in society. The type of exchange do vary and in any combination of two economic goods either tangible commodities or the services from another person. (Rothbard, Murray, N. 2008) Like many new things there are benefits as well as disadvantages to any system. The Free Market has its high points one of which helped society out of the first gilded age in the 1890s. However even though the free market was successful certain social classes still struggled and did not get the opportunity to enjoy what the market had to offer. The department store was introduced to society back in the nineteenth century. The very first real department store was owned by a man named Aristide Boucicault in Paris, France. Before the free market Aristide sold...
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...share growth. • Top line growth drivers in place to meet management goals. Valuation Highlights • Highest operating margins and EBITDA margins among comparable companies. • PEG ratio of 1.15 is well below the comparable average of 1.66. • 21.1% undervalued on a DCF basis. Exhibit 1 Financial Summary (In Millions except for per share data) Price: $83.26 Price Target: $105.53 52-Week Range: $103.53 -$73.80 Shares Outstanding: 88.71 Market Cap.: $7,386 Beta: 0.93 EPS (CFY): $5.83 EPS (NFY): $6.58 AZO v. Comparable Avg. PEG: 1.15 v. 1.66 5yr Growth in EPS: 57.4% v. 31.2% P/E Ratio (CFY): 14.72 v. 15.29 P/E Ratio (NFY): 13.21 v. 13.48 Gross Margin (LFY): 48.1% v. 33.8% EBITDA Margin: 20.8% v. 8.7% ROE: 138.5% v. 14.8% ROA: 27.9% v. 12.5% Source: Value Line, Multex Investor Company Profile____ Discretionary, Auto Parts AutoZone, Inc. (AZO) is a specialty retailer of automotive parts and accessories, with most of its sales to doit-yourself customers. As of August 30, 2003, the Company operated 3,219 domestic auto parts stores in 48 states and the District of Columbia and 49 auto parts stores in Mexico. AutoZone also sells parts and accessories online at autozone.com. Each of its stores carries a product line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured automotive hard parts, maintenance items and accessories. The Company also has a commercial sales program in the United States that...
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...CHAPTER EIGHTEEN Lecture Notes for Essentials of Marketing 14e For use only with Perreault/Cannon/McCarthy or Perreault/McCarthy texts. © 2014 McGraw-Hill Companies, Inc. McGraw-Hill/Irwin Multimedia Lecture Support Package to Accompany Essentials of Marketing Lecture Script 20-1 This slide refers to material on p. 499. Summary Overview This chapter concludes Essentials of Marketing by covering three broad concepts: 1) Evaluating marketing As indicated in Chapter 1, there are two levels of marketing: • the micro (managerial) level—concerns the marketing activities of an individual firm; and • the macro level—concerns how the whole marketing system works. 2) The key components of an innovative marketing plan. 3) Challenges facing marketers. Multimedia Lecture Support Package to Accompany Essentials of Marketing Lecture Script 20-2 This slide relates to material on p. 498. Summary Overview This chapter suggests that satisfaction and costs serve as criteria for evaluating the impact of marketing. Key Issues • A nation’s objectives affect the evaluation of marketing. • The social and economic objectives of a nation may differ depending on that nation’s socio-political structure. • Consumer satisfaction is the objective in the United States. • This objective is derived from a market-based economic system, and it implies that political freedom and economic freedom go hand in hand. • In the U. S., people have the right to live as they choose and to satisfy...
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...IKEA’s Global Strategy: Furnishing the World 2014-2015 submitted by Brian Albanese April 26, 2014 Executive Summary This author has provided an analysis of the IKEA case study found in the Marketing Management textbook. It analyzes the strategies used by IKEA to gain competitive advantage in markets outside of its original market. The report provides a background of the organization, recognizes IKEA’s main markets and examines corporate level strategies by identifying its target market and evaluating its pricing strategies. This case study will further analyze how culture, design, and price play significant roles in determining IKEA’s success. In addition, IKEA’s “global sourcing network of more than 2300 suppliers in 67 countries” (Peter & Donnelly, 2013, p. 411) allows its suppliers to provide furniture of all kinds to its customers. IKEA produced standardized products, however, this international strategy did not work for the United States. Therefore, the company has to take corrective actions. Table of Contents Executive Summary i Situational Analysis 1 Environment 1 Economic conditions and trends 1 Cultural and social values and trends 1 Political and legal issues 1 Technological factors 1 Summary of environmental opportunities and threats 2 Industry 2 Classification and definition of industry 2 Analysis of existing competitors 2 Analysis of potential new entrants...
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...Whole Foods Market Strategic Management Table of Contents Introduction…………………………………………………………………….…….p. 3 Trends in the Organic Foods and the Impact on Whole Foods…………………........p. 3 Application of Porter’s 5 Forces Model………..…………………………….............p. 4 Most Significant Environmental Threat and Whole Foods Combat ………………...p. 6 SWOT Analysis….…………………………………………..………………........…p. 7 Sustaining Competitive Advantage...…………………………………...….………..p. 8 Summary….………………………………………………………….………..…….p. 8 References.…………………………………………………………..……………....p. 10 Whole Foods Market Introduction John Mackey cofounder and Chief Executive Officer (CEO) founded Whole Foods in 1980 with the purpose of providing organic foods to the grocery shopping public. This started a movement over the next 30 years that has brought organic foods to the common shoppers in many markets around the U.S. that had only been previously serviced by smaller health food stores or by their local grocery chain. The success of Whole Foods moving forward will be how they can succeed and maintain their profitability when unemployment remains high and Americans have less disposable income. This essay will look at several factors of Whole Foods, including latest trends, the competitive environment in the grocery industry, environmental threats, SWOT analysis of the business operations and strengths that must be leveraged to maintain a competitive advantage. Trends in the Organic Foods...
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...MOSHI COMPUTING CENTRE BUSINESS PLAN Disclaimer: This is a MCC business plan, so the company and business information are fictitious. This plan reflects our standard business plan model, and changes in outline and structure can be made as per client specifications. GENERAL COMPANY DESCRIPTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 MARKETING PLAN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 C.Market Growth : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 E.Market Demand : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 G.Market Potentials : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 H.Market Opportunities : . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ....
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...steps of the accounting process. We explained the importance of proper revenue and expense recognition and described the closing process. We also showed how to prepare financial statements from a work sheet. Larson−Wild−Chiappetta: Fundamental Accounting Principles, Seventeenth Edition 5. Accounting for Merchandising Operations Text © The McGraw−Hill Companies, 2004 Learning Objectives CAP Conceptual Analytical Procedural merchandising activities C1 Describeincome components for aand A1 Compute the acid-test ratio and explain its use to assess liquidity. identify merchandising company. (p. 178) (p. 193) P1 Analyze and record transactions a for merchandise purchases using perpetual system. (p. 180) perpetual system. (p. 185) C2 Identify and explain the inventory asset of a merchandising company. ( p. 179) both perpetual and C3 Describeinventory systems. ( p. 179) periodic C4 Analyze and interpret costaflows and operating activities of...
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...Making Everyday Life Better Executive Summary In the billion-dollar industry that is consumer packaged goods, one of two key giants is Proctor & Gamble (P&G), an Ohio-based company that specializes in consumer packaged products. Throughout this paper, I will show that P&G is a leading consumer packaged goods company with a very promising future ahead of them. I will discuss the market structure in which they operate, the marketing approaches that they use and conduct a brief financial analysis of the company. I will conclude by making several recommendations as to how the company can continue their successful growth pattern, including technological advances, response to consumer preferences, research and development (R&D) of new products and creating brand loyalty among their consumers. Company Overview P&G is a global leader in retail goods focused on providing branded consumer packaged goods of superior quality and value to their customers around the world. They began in Cincinnati Ohio as a small family-operated soap and candle company in 1837. Their products are sold in more than 180 countries and territories primarily through mass merchandisers, grocery stores, membership clubs stores, drug stores, department stores, salons and high-frequency stores. P&G produces nearly 300 different brands with annual sales of $84 billion. Popular brands include Pampers, Always, Bounty, Pantene, Zzzquil, Tide, and Downy. P&G have on-the-ground operations...
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