...4 Trends and issues related to online retailing Key Points Online shopping in Australia is becoming more prominent. – Official ABS statistics are not produced for domestic and overseas online retail sales in Australia. – Market analysts estimate that the domestic online share of total retail sales in Australia is between 3 and 7 per cent. The Commission considers the share to be at the lower bound of these estimates at 4 per cent. – Overseas online sales account for around a third of total online sales. That is, around 2 per cent of total retail sales are being spent on overseas websites. – Domestic and overseas online sales account for 6 per cent of total retail spending in Australia in 2010 which equates to $12.6 billion. By comparison, market analysts estimate the online share of retail sales in the United Kingdom and the United States at 11 per cent and 8 per cent respectively. Official estimates for the online share in the United Kingdom and United States are lower at 9 and 5 per cent respectively. – Online sales in Australia are projected to grow by between 10 and 15 per cent per annum over the next three years. New electronic devices including mobile phones with internet capability are stimulating further growth in online sales. Australian consumers are attracted to online shopping due to three main factors — lower prices, convenience and a wider range of goods to choose from compared to those available from bricks and mortar retailers. Online...
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...1 Module 1 Organization Organization is a pattern of relationships among the individuals working together for a common goal. The systems approach considers organization as a system composed of sub systems that are inter-related. Systems have boundaries, but they also interact with external environment. That is, they are open systems. This approach recognizes the importance of studying inter-relatedness of planning, organizing, and controlling in an organization as well as the many subsystems. Characteristics of Organization 1) Organization is made up of a group of people 2) The group works under an executive head 3) Organization is a tool of management 4) It leads to division of work and responsibilities 5) It defines and fixes the duties and responsibilities of employees 6) It establishes a relationship between authority and responsibility and controls the effort of the group 7) Organization is a step towards achievement of established goals Elements of Organization The main elements or components of an organization are: 1) Well defined objectives 2) Well organized and coordinated group of people 3) Proper division of work and labour 4) Clear and well defined policies and procedures 5) Proper division of authority and responsibility 6) An effective system of communication Organization Chart Simple Organization Chart Lecture Notes on Industrial Organization and Management Subject handled by: Dr. Shouri P.V., Asst. Professor in Mechanical Engineering...
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...Underlying profit before tax Statutory profit/(loss) before tax Underlying diluted earnings per share Net debt (13/14: £70.9bn) (13/14: £3.3bn) (13/14: £3.1bn) (13/14: £2.3bn) (13/14: 32.05p) (13/14: £(6.6)bn) The champion for customers Our business was built with a simple mission: to be the champion for customers – to help everyone who shops with us enjoy a better quality of life and an easier way of living. which they can buy easily. Wherever we work, they want us to do the right thing – for them, their communities and the environment. It’s our job to work hard to make life easier, every day. Over the years we’ve done this through lots of little, helpful differences: new stores and ways of shopping; service which saves time and makes life simpler; helping...
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