...The Importance of Values in Retail Management Gen 200 The Importance of Values in Retail Management Retail is a thriving business in the world today. The retail industry, like any business, has employees from various cultures and backgrounds. Retail also deals with customers and vendors from several different backgrounds. To be a manager in retail someone must not only have business knowledge, but also have good values. Managers should have values such as integrity, leadership, professionalism, teamwork, and decisiveness. Having these values will make any manager successful. Integrity is an important value to being a good manager. “Integrity-following the spirit as well as the letter of the law and avoiding schemes that take advantage of ‘ignorance or gullibility’ in others” (Post & Post, 2005, pp. 10). No one will want to work for a manager that does not have integrity. It is not only a value we want within ourselves, but what others look for in a good manager. In retail, managers handle confidential information and some deal with money on a daily basis. If managers lack this value they would be easily tempted to give the information to competitors or the temptation to take money. This could also affect the manager’s ability to be fair as their decisions might be based on favoritism or inappropriate factors. In history, even the perception of a lack of integrity has harmed leaders. In May 1972, President Richard Nixon’s popularity was 62%, but after his resignation...
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... Masters degree ACCA Advanced Diploma in Accounting and Business Bachelor degree ACCA Diploma in Accounting and Business Certificate of Higher Education Intermediate Certificate in Financial and Management Accounting GCE Advanced Level Introductory Certificate in Financial and Management Accounting GCSE Level ACCA FOUNDATIONS: Introductory Certificate in Financial and Management Accounting FA1 Recording Financial Transactions MA1 Management Information Intermediate Certificate in Financial and Management Accounting FA2 Maintaining Financial Records MA2 Managing Costs and Finance Diploma in Accounting and Business FAB Accountant in Business FMA Management Accounting FFA Financial Accounting Foundations in Professionalism Module All of above plus two of the following: FTX Foundations in Taxation FFM Foundations in Financial Management FAU Foundations in Audit PROFESSIONAL ETHICS MODULE Diploma in Accounting and Business F1 Accountant in Business F2 Management Accounting F3 Financial Accounting Advanced Diploma in Accounting and Business SKILLS F4 Corporate and Business Law F5 Performance Management F6 Taxation F7 Financial Reporting F8 Audit and Assurance F9 Financial Management B. Sc in Applied Accounting Awarded by OXFORD BROOKS UNIVERSITY Foundation in Professionalism Module + Advanced Diploma in Accounting and Business Research and Analysis and Key Skills Statement ACCA QUALIFICATION ...
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...another during important business meetings, as this tends to be a very common means of communication in an Italian business setting. It is even common for them to outwardly and openly disagree with the message. If you are passionate about a business idea, it is good practice to express your emotions on the subject. Italian people also value a direct and straightforward communication style during a business transaction, so be candid when discussing business matters and your Italian counterpart will respect you for it. Business attire is a sign of professionalism, but when Italians dress casually, it usually includes a jacket and tie for men and a simple but elegant suit or dress for women. (Communicaid Ltd.,2007). Shorts are not considered acceptable out in the public, and should never be worn in a business setting. Italians love to accessorize and Italian women are even known to wear more makeup then American women. Women do not wear revealing tops or sleeveless shirts and men almost always have a neck tie on, as image is one of the most important aspects of your professionalism. When dressed inappropriately you may convey the wrong message to your Italian counterpart. Generally, dress tends to be on the formal side for both men and women, whether in a business or social setting. It is not unusual for women to stop wearing nylons in the summer, as it tends to be very hot and humid. In Italy, Dressing well is a priority as it exudes professionalism and success, as well...
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...[pic] Foundations of Finance BUSI 506 40 Fall 2013 – 2014 Instructor: Dr. Mela Wyeth Office: Jones Hall – Room 102, Business Department Suite, parking lot side Office Phone: 863-8092 E-mail: mwyeth@csuniv.edu Skype: drmelawyeth Office Hours: Mondays, Tuesdays, Wednesdays 2:00 – 5:00pm; Thursdays and Fridays by appointment only. These office hours may not be convenient for all students. I will be happy to arrange for meetings outside of these hours. Please send me an e-mail or call for an appointment to ensure my undivided attention. Required Textbook/Resources 1. Textbook: FINANCE 2nd edition Cornett, Adair, Nofsinger McGraw-Hill Irwin 2014 ISBN 978-0-07- 803481-7 2. Access card: Connect/LearnSmart (available from CSU bookstore or on-line at www.mhhe.com/canM2e) 3. Financial calculator, recommended HP 12C 4. Skype Account Prerequisites: ACCT 211 (Accounting II) with a C or higher, COINS 209 (or preferably COINS 211) with a C or higher. If you have not met these requirements, please contact the instructor immediately. You will need intermediate proficiency in Excel to do well in this class. Course Description: This course deals with the principles of capital management within corporations. Topics include the time value of money, valuation concepts, capital budgeting, project cash flow analysis, cost of capital and capital structure. Forecasting, planning and control, specifically financial statement analysis, as well...
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...Introduction Confident and motivation are some of the attributes an entrepreneur needs to portray in other to venture into an innovation idea. Some of the commonly used foundations of designs for businesspersons are generated through interactions with customers, government or total development form collective research. Communicating and interacting with associates and co-workers, professionalism is not just about your character or attitude but the representation of the organization affiliated with. The US Military is an organization of traditions that was passed from generations to generations to sustain the values that embody the professionalism, courage and respect each military personnel represent. Each unit in the military gathered together to participate in unit cohesion that would test their skills in certain physical and psychological events. In their physical fitness attire, they represent the symbol of the unit from past to present to show that those that have given their lives for freedom are not forgotten. The events mostly reduce the quality of equipment used during the occasion. “Frequently, this analysis uncovers ways to improve on these offerings that may result in a new product or service that has more market appeal”. (Hisrich, Peters, Shepherd; 2010). At the conclusion of the occasion, an associate hinted, “it would be nice to know a shop that would be able to assist in portraying their unit symbol.” The Company and the product idea for the new...
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...NORTH SOUTH UNIVERSITY Case Analysis On “Creation, Management and Succession of a Small Firm” Author: Dinesh Kumar Likhi Source: South Asian Journal of Business and Management Cases 2012 Course code: MKT 620 Sec: 01 Marketing Management Submitted to Dr. Jashim Uddin Ahmed Associate Professor School of Business and Economics North South University Submitted By | | Md. Rafizul Haque | 1420900060 | Sayed Faisal Waky | 1512921660 | Md. Mahmudul Haq Shihano | 1421306060 | Asif Rahman | 1421190660 | Arifur Rahman | 1430691660 | Date: 22nd of June 2015 Case Overview Deepak Gulati, a mechanical graduate from one of the top five institutes of the country is the main character of the case. After completing his graduation, he started his career in a multinational company. Within a span of 10 years, he became one of the youngest regional managers of his company. But, surprisingly he wanted to quit the job as he was not satisfied with it for several reasons like- restriction of freedom of action, subjective performance evaluation of the employees and some others. At the same time, thoughts of setting up his own business also came into his mind. Finally ‘Times Marketing Private Limited’ (TMPL) was founded by him and his friend Abhijit Sen after leaving the job. Although the company incurred some losses at the earlier stages, but slowly and steadily it became a successful venture at the end for Deepak Gulati and his friend. Creation of New Venture Some...
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...GED Community Center | Mismanagement of a Fiscal Cycle | How To Manage Necessary Budget Cuts to Efficiently Run A Community Center | | Reginald Lee | 10/10/2012 | This is the detailed account of the mismanagement of GED community center and how to complete renovations to the operations of the center due to the advent of budget cuts needed to complete the management of staff on the incoming workload of an annual fiscal cycle. | Managerial accounting entails developing the structure of a business project from the aspect of designing how productivity occurs within the timeframe of the project upgrades. For instance, you are the senior level management supervisor of maintenance department. You are to devise a strategy to cut the cost of production from the beginning of a project’s completion and implementation into the first stages of production so that they increase revenue for the upcoming fiscal cycle. You have to consider the pros and cons of letting go employees to manage funds needed to complete the increase in the levels of productivity that spearhead the increase in total revenue for this to come to fruition. The information about last year’s fiscal cycle will prove vital in the effort to complete this. On the other hand, cost accounting is a smaller bit to that equation. For instance, in cost accounting this job will be given to the lower management for the purpose of finding the fiscal information of the last three years in an effort to determine how many...
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...Customer Service Excellence: How to Win and Keep Customers Providing customer service excellence is what will keep your customers coming back. Customer service excellence will give you the competitive advantage you need to survive in a tough and increasingly uncertain business climate. In today’s customer-oriented business environment, "people skills" are critical for personal and organizational success. How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance. This customer service training seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence. How You Will Benefit • Deliver better, faster service and increase customer satisfaction • Learn how to gain repeat business • Know what customers expect • Increase your credibility with customers—and your value to your organization • Manage stressful situations more effectively • Recognize the signals of customer irritation—and how to respond appropriately and assist in quickly finding a workable solution to your customer’s problem What You Will Cover • The benefits of excellent service • Focusing on customer service success • How customer service creates revenue • Why customer satisfaction is based on perceptions • Focusing on customers’ top two expectations...
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...recognize that Business Council is not only one of the greatest opportunities available in my college career, but also understand that being a part of this organization could very well be the most important step I take for my success in the professional world. Business Council presents a society that helps each member embark on their ambitions in life, while also instilling valuable qualities that companies search for. I know that it is through Business Council where the greatest impact on my growth equally as a...
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...decision making. Organizations try to hire and promote employees on the basis of technical qualifications and professionalism (not personal connections). The organization is devoted to the principle of efficiency: maximizing output using limited inputs. Other features of organizations include their business processes, organizational culture, organizational politics, surrounding environments, structure, goals, constituencies, and leadership styles. All of these features affect the kinds of information systems used by organizations. Routines and Business Processes All organizations, including business firms, become very efficient over time because individuals in the firm develop routines for producing goods and services. Routines—sometimes called standard operating procedures—are precise rules, procedures, and practices that have been developed to cope with virtually all expected situations. As employees learn these routines, they become highly productive and efficient, and the firm is able to reduce its costs over time as efficiency increases. For instance, when you visit a doctor’s office, receptionists have a well-developed set of routines for gathering basic information from you; nurses have a different set of routines for preparing you for an interview with a doctor; and the doctor has a well-developed set of routines for diagnosing you. Business processes, which we introduced in Chapters 1 and 2, are collections of such routines. A...
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...mehtab@hotmail.com, | | Karachi ,Pakistan. | | FINANCIAL ANALYST/ ACCOUNTS EXECUTIVE Dedicated and Hardworking, Client/ Customer Relations with a passion in accounting and finance. Quick learner having strong public relation and customer service skills, ability to interact with cross-functional departments, with a high degree of professionalism, discretion and problem resolution capabilities. Ability to diplo matically resolve problems and diffuse tension. Team-player, critical thinker, effective planner, along with excellent communication, self correspondence and interpersonal skills. CAREER SNAP SHOT Jun 2009 to Jul 2009 Internship, Royal Bank Of Scotland Ltd. (Customer Sales Service Centre Dept), Karachi, Pakistan. 2013- Curtin university of Technology Sarawak Bachelors in accounting and finance-Continued 2011-2012 Institute of Chartered Accountancy of Pakistan (foundation year-Economics, Accounting ,functional English) 2008 -2010 A levels GCE, The City School. (Major courses: Economics, accounting, business studies) 2006-2008 –O levels GCE-The City school (Major courses: Accounting , Economics, Business studies .Computer studies) EDUCATIONAL QUALIFICATIONS 2015-Marketing Director of Accounting Club Malaysia 2014 Charity work-orphanage Sarawak 2014 International symposium event 2008 The Silver Standard of the international award for young people 2006 The Bronze Standard of the international award for young people 2006...
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...must demonstrate a correct form of professionalism in order to give the corporation a respectable name for it. Otherwise the creditability of the corporation may be hindered. According to Brealey et al., the market value of the company’s shares reflects investor’s expectations about future performance. Investors pay attention to current profits and investment but they also avidly forecast investment and growth. In correlation to Scripture, God expects us to work hard in every aspect of our lives. Ecclesiastes 9:10 states, “Whatever your hand finds to do, do it with all your might, for in the realm of the where you are going, there is neither working nor planning nor knowledge nor wisdom.” And in Ephesians 6:7 it states, “Serve wholeheartedly, as if you were serving the Lord, not people.” These verses ties in how we are to perform highly everyday. When seeking God’s counsel with our whole heart, we are exemplifying him to world. This applies working for His kingdom and for our employer. If we are not to give God work that is lackluster, that means we cannot do the same our boss. Low performance ratings affect the corporation as a whole. Ensuring that things are ran smoothly, corporate performance management monitors improves the capability of a business. Providing three important values to the business; information delivery, performance oversight, and performance effectiveness. These values help to understand, manage and improve the business. (Riverside, 2006) Reference: ...
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...Strategic Management and Strategic Competitiveness Assignment 1 Executive summary The Kenya Broadcasting Cooperation is a state cooperation in Kenya which was established by the act of parliament in 1961 and named as Voice of Kenya and later Kenya Broadcasting Corporation (KBC) in 1964 by another act of parliament .One of the core objectives of the corporation was to offer radio and television communication services to the nation and was the main media house that the government used to convey official information to the nation. This included informing the public of the government developmental strategies so that the entire nation could back up the government to achieve its goals (Godard, 123-167). For a long time, the cooperation enjoyed state protection against competition until recent when the government finally lifted the barriers in the communication industry. Today, the main challenge facing the Kenya Broadcasting Cooperation is serious competition from other upcoming media houses such as Citizen Radio and Television, provided by the Royal Media Services and owned by a private investor called S.K Masharia. Since the corporation is owned and financed by the central government, it has been at a stable position in the competitive market due to the low quality services offered since it was not motivated by making profit. Today, the corporation has lost many customers to other media house and still faces a bevy of challenges such as workers strikes and...
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... booker1.gainor@gmail.com Current Address: 3101Galimore Dr Tallahassee, FL 32305 Mobile: (229) 200-9308 Permanent Address: 1289 Rest St. Sw. Cairo, GA 39828 Phone: (229) 377-4916 OBJECTIVE: To obtain a challenging full time job placement in the field of business administration, marketing and/or sales that will enable me to display problem solving, critical thinking, and professionalism skills simultaneously. Also I aspire to excel as a future leader in global business, industry, and commerce. EDUCATION: Florida Agricultural and Mechanical University, Tallahassee, FL School of Business and Industry Bachelor of Science in Business Administration with a Concentration in Marketing Graduation date: Summer 2012 RELEVANT COURSES: • Financial Accounting • Cost Accounting • Managerial Accounting • Intermediate Accounting • Corporate Finance • Financial Policy • Business Calculus • Quantitative Methods • Principle of Economics I &II • Service Marketing • Sports Marketing • Production Management • Consumer Behavior • Introduction to Management • Business Policy • Professional Leadership Development • Principles of Marketing • Organization Behavior EXPERIENCE: 02/11- 05/12 Sodexo-FAMU Dining Services Tallahassee, FL. Caterer • Assisted with food preparation, food service, cleanup...
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...manager you need to be able to evaluate it. Doing research and evaluating each person as a manager you have to conduct yourself professionally. Setting up a professional atmosphere is very important in building a personality for your company. Building a good professional personality for your company is all based on heredity and personal traits of each individual employee at the company. Traits such as persistence, efficiency, skills and setting high standards are all very important to business success (Robbins, 137). In the small business I work for I truly believe that the personality of our company has given our client a sense of loyalty and trust and in the end has been the bases of our longevity with our clients. My father, Raymond Regalado, CPA has been in business for thirty years now and has had some of the same clients since his then. Because of my fathers’ ethical oath he swore to when becoming a CPA, he has shown me some very important life lessons as well as ethical techniques. Our business personality is all based on these ethical traits my father embeds into our company lifestyle every day. My father is very trustworthy, our clients leave him with very personal and confidential information at times and it is securely put away. In our line of work we are entrusted with financial institutional information for our clients and in doing this we have viable information that our office needs to protect. Because of our companies professional personality our clients feel and...
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