...Quality for Money, Fashionable. Parents used to shop there - historical. Value proposition: Traditional department store. Value achieved by technologists, selectrs to design y dedicatd suppliers. all sold under same brand. network of well located stores. powerfull functional group - food clothes. fabric with japanese houses to try o work towards easy care fabrics with customers in mind. Fashion drove mns in 90s. industry influences customer choice. Rsetless - ho can we improve, how can we move forward, what can we do better, how can we innovate. Brand recognition. M&S 1. Value proposition and how was it provided? 2. What went wrong? Not tackling fundamental issues which were building up. Didnt lose many customers but lost touch with them. Over stock problem which led to heavy discounting, and didnt learn lesson as same thing happened again. Firm was pretending that everything was ok and short term issue for too long which later came as a suprise when dividends were cut. Competitors moved off shore, cheaper products of same quality and later even better quality. MNS had to take detail out of their product. Had to get Buying right as otherwise company couldnt recover. Suppliers tried to help as they were moving offshore but MNS didnt react fast enough. Didndt have fantastic product anymore. Ignored innovation in food. Lost direct command over the supply chain. 3. What is your assessment of Luc's approach? Took advantage of people feeling...
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...Introduction M.S is a 49 year old white female with a diagnosis of right breast cancer in April 2013. Being the only daughter of a middle class family, she indicates no history of maternal or paternal breast cancer. Although she does recall her paternal grandmother having a mastectomy in the early 1970’s, but was never diagnosed or treated for breast cancer. Her medical history includes hysterectomy in 2005 and infrequent sinus infections. M.S works as a Registered Nurse, is active in regular exercise, and is married with 3 children and 3 grandchildren. Diagnosis M.S. was diagnosed with stage 2b Ductal Carcinoma in April 2013. Risk factors Risk factors can include family history, age, hormone replacement therapy, later age (over 35) pregnancy’s,...
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...range was mainly aimed at fashion-conscious women aged between 25 and 35, sizes 8-18. They can enjoy the latest fashion trend, individual cutting service, pursue the special and exclusive lifestyle and hope to get their clothes with high quality and design at an affordable price. Question 2 1. Perfect and Classic ranges: Order qualifiers: Quality, Design, Fitness, Cost Order winners: Convenience Many items in this range are machine washable, non-iron and tumble-dry friendly. It is typically designed for the busy lifestyle persons. So the feature of the convenience is the order winners in this range. 2. Autograph range Order qualifiers: Quality, Cost, Fashion, Fitness, Convenience Order winners: Design In this range, M&S recruited some of the best designers in the...
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...EXCUTIVE SUMMARY Marks and Spencer Group plc (M&S) is one of the famous British retailers in the world and the largest clothing retailer in the UK. Unfortunately, M&S did not change their strategic to adapt to a continuously changing economy, so that it suffered from strategic drift. From 2000, Luc Vandevelde and his management team attempt to turn the business around, with M&S’ unique resource and competence. This report identifies and analyses strategic capabilities and competitive advantages of M&S by using “threshold and distinctive capabilities” table and value chain model. Following this, there is a ratio analysis from 2000 to 2006, including Return on Capital Employed, Return on Assets, Net Profit Margin, Current Ratio and Debt to Asset Ratio. It also provides recommendations for M&S management which believed it vital for M&S’ obtain sustainable development and success. INTRODUCTION Marks and Spencer Group plc (M&S) is one of the British leading retailers and it specialises in the selling of high quality cloths and food. Since it was founded in 1884, and till the late 1990s, M&S is popular brand base on its unique strategic. However, the manager of M&S did not change its strategic to keep pace with the highly competitive economic environment, so that it lost its sales and market share to competitors. According to the case study, things started to improve since the CEO Luc Vandevelde changed the management style in 2001. He...
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...Prepared by : Mohd Hafiz Bin Abdul Halim | Mohd Faizal Bin Jamaluddin | Rosnida Binti Othman |Nur Iliza Binti Misnan | Syaifulradzman Bin Shaifuddin | Asmidar Binti Ahmad@Salleh | Majdi@Abdul Hadi Bin Ishak | Hasmawazi Binti Hamzah | Azwira Binti Mahmud |Nur Azreen Azriana Binti Azham | PA 603 Auditing and Assurance PA 603AUDITING AND ASSURANCE CASE STUDY: Phase 2,3 & 4 PROBLEM BASED LEARNING PROCESS STAGES 1 PBL ACTION PROCESS Group Introduction students to PBL via experiential learning Setting Assign student with a course guide that consist of rationale, objective and content Define roles of facilitator and student Introduce members DOCUMENT & RECORD ASSIGN 2 Trigger Designation of work groups Establish ground rules Student confront a problem 4 groups (max 10 person per group) of student are given by case study Rancangan Mengajar Semester Course Outline PBL Process First meeting minute Member`s Organization Chart, Directory & Group`s Rules Facilitator Facilitator Facilitator Learning member`s Facilitator & Learning member`s 3 4 5 6 7 Present the problem Identify and clarify problem Describe the problem Idea Student design a plan Generation Inquire the possible ideas (solve the problem) Learning Determine what needs to be learnt in order to understand or solve the Issue problem Generate learning issue and action plan Identify resources Self – Inquire the research sources Directed Seek and summarize relevant information...
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...The aim of this case assignment is to analyze whether Brookes Brothers was the right base for entering the United States and if M&S paid reasonable price for Brookes Brothers? When Lord Rayner assumed the chairmanship of Marks&Spenser (M&S) in July 1984 one of the priorities that he outlined was: “the expansion of international business, including securing a foothold in two large international markets – The United States and the Far East.” By 1987 he didn’t reach this goal and in March 1987 sent a team of executives to the United States to study the clothing and food markets in order to determine whether M&S should move into United States or not and if so how. After receiving results of a broad study of American retailing it was determined that M&S had opportunities to move into US market but the firm lacked the merchandise and store style to compete successfully in the United Stated and it was decided to find a clothing and a food chains in order to develop a M&S-type store in the long run. After 7 months of study M&S came to conclusion that it should purchase Brooks Brothers, an upscale specialty clothing chain with a small joint venture in Japan. According to the case study it is difficult to assume whether the Brooks Brothers was the right base for entering the United States. On the one hand a company had a long-standing reputation of high-quality menswear, was oriented on upper-middle class businessmen and professionals and counted several presidents among its...
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...people have with them throughout the day is a cell phone. This study will investigate the relationship between the usage of cell phones and the increased risk of brain tumors. Numerous research studies have been done to analyze how the usage of cell phones correlates with the instance of brain tumors. This paper will analyze the findings of these studies and provide a description of the findings from the research studies that have been done related to the question do cell phones cause an increase in brain tumors to the cell phone users. Literature Review Berg, G., Spallek, J., Schüz, J., Schlehofer, B., Böhler, E., Schlaefer, K., et al. (2007) found that exposure to radio frequency and microwave electromagnetic fields can contribute to an increase the incidence of brain tumors. The same kind of radio frequency and microwave electromagnetic fields are produced by cell phone phones. If Radio frequency and microwave electromagnetic fields are both produced by cell phones than this could be an issue to anyone who uses a cell phone. If exposure to these radio frequencies and or microwave electromagnetic waves increases the risk of developing brain tumors this is a problem for the majority of the USAGE OF CELLPHONES AND BRAIN TUMORS population worldwide at an estimated “number of cell phone users in 2014 will reach 1.75 billion.” eMarketer (2014). Wiart, J., Wake, K., Vrijheid, M., Villegas, R., Vecchia, P., Taki, M., et al. (2011) suggest that through using spacial maximum...
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...Vienna, Austria oBjective: During the last decade, mobile phone use increased to almost 100% prevalence in many countries of the world. Evidence for potential health hazards accumulated in parallel by epidemiologic investigations has raised controversies about the appropriate interpretation and the degree of bias and confounding responsible for reduced or increased risk estimates. data sources: Overall, I identified 33 epidemiologic studies in the peer-reviewed literature, most of which (25) were about brain tumors. Two groups have collected data for ≥ 10 years of mobile phone use: Hardell and colleagues from Sweden and the Interphone group, an international consortium from 13 countries coordinated by the International Agency for Research on Cancer. data synthesis: Combined odds ratios (95% confidence intervals) from these studies for glioma, acoustic neuroma, and meningioma were 1.5 (1.2–1.8); 1.3 (0.95–1.9); and 1.1 (0.8–1.4), respectively. conclusions: Methodologic considerations revealed that three important conditions for epidemiologic studies to detect an increased risk are not met: a) no evidence-based exposure metric is available; b) the observed duration of mobile phone use is generally still too low; c) no evidence-based selection of end points among the grossly different types of neoplasias is possible because of lack of etiologic hypotheses. Concerning risk estimates, selection bias, misclassification bias, and effects of the disease on mobile phone use could have reduced...
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...Question#01 Review Caterpillar’s process for early supplier involvement. What was critical to the success of the relationship? The relationship between a supplier and buyer can be a complex one. Each party wants to maximize its time, resources, and cash investment; these may be competing priorities that can strain the relationship. As per this case study it shows that M/s. Caterpillar was dissatisfied with its current supplier and they want to reduce their overhead cost through outsourcing. Therefore M/s. Caterpillar selects M/s. Delco Electronics and started working with the same. Selection of M/s. Delco Electronics by M/s. Caterpillar involves the following phases. Pre-qualification of supplier Performance evaluation Official visits to M/s. Delco’s HQ Visit to Engineering Facility Production capacity unit The critical thing to the supplier-buyer relationship is Trust, as its always difficult to start a business with new supplier. Evaluation should be done properly before selection. Have meetings, discussions, both partners have proper communication channel. Question#02 How important was the role of specific individuals involved in the discussion? What does this say about the importance of trust in managing buyer-supplier relationships in such an environment, and the role of individuals in the relationship? The role of specific individuals are very important during discussion because of having enormous responsibilities like monitoring and evaluation...
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...Research Methodology PART 3 Research Design & Plan M S Sridhar Head, Library & Documentation ISRO Satellite Centre Bangalore 560017 E-mail: sridhar@isac.gov.in & sridharmirle@yahoo.com Research Design & Plan Synopsis 1. Introduction to Research & Research methodology 2. Selection and formulation of research problem 3. Research design and plan 4. Experimental designs 5. Sampling and sampling strategy or plan 6. Measurement and scaling techniques 7. Data collection methods and techniques 8. Testing of hypotheses 9. Statistical techniques for processing & analysis of data 10. Analysis, interpretation and drawing inferences 11. Report writing M S Sridhar, ISRO 1. Significance of research design 2. Meaning & process of design / plan 3. Writing the plan (protocol) 4. Contents of the plan (protocol) 5. Qualities of good research design 6. Choice of research topic, method/ approach and methods of data collection 7. Types of research design 8. Comparison of research designs 9. Action & Applied Research 10. Correlational, Ex post facto, Ethnogenic & Triangulation Studies 2 Research Methodology 3 Significance of Research Design 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. Smooth & efficient sailing (sets boundaries & prevents blind search) Yields maximum information (avoids collection of unnecessary data) Costs least in terms of effort, time & money Maximizes reliability of results Provides firm foundation to the endeavor Averts misleading conclusions & thoughtless futile exercise...
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...Court Case Analysis of a Young Offender The Canadian public perception of youth crime is that it is growing out of control and that violence crime is common. Sensationalized media coverage, frustrated law enforcement officers and vote-seeking politicians, have tended to portray only parts of the overall reality of youth crime (John Howard Society, 2008). The government of Canada has evolved over the many years to deal with youth crime from installing the Juvenile Delinquency Act in 1908 all the way to the Youth Criminal Justice Act recently amended in 2012. What these acts have accomplished is the separation of youth and adult sentences (Stevenson, 2014). This was done in order to protect children because it is the belief in Canada that children are not responsible for their actions because of Doli incapax or the inability to do wrong. That being said there is still legislation in dealing with youth crime that is punishing and effective (Stevenson, 2014). This paper will analyze a court case decision made under the Youth Criminal Justice Act which involves a young offender who was convicted of a gang-related murder and breached Conditional Supervision Order (R. v. S.(M.), 2014). This court case will be analyzed using relevant research on youth gangs using concept of theories that apply to our young offender. In conclusion, this paper will discuss limitations of laws and possible alternatives that dealt with the young offender. A summary of R. v. S.(M.), the court based...
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...200087 Strategic Marketing Management School of Business│Learning guide Autumn 2012 HOW TO USE THIS LEARNING GUIDE ICON KEY Activity Checklist Deadline Handout Hint Important information Online activity Reading Toolkit Warning This learning guide supplements the unit outline and is designed to help you navigate through the unit. It will help you focus on what you need to do for classes and the various assessment tasks. You should consult the relevant section of the learning guide as you plan your study – it will highlight the main things that you should be getting out of the resources available and provide guidance on teaching activities and class preparation. The learning guide also offers some study tips to assist you in developing the skills and techniques of an effective learner at university level. In addition to acquiring information and skills relevant to this unit, you should also focus on developing the habits and tools of a successful university student. As an adult learner you need to take control of your own learning and ensure your own success. This learning guide is specifically designed to help you achieve this. A standard set of icons is used throughout the learning guide to make navigation easier. Use the icons to quickly identify important information, things you need to do and hints for doing them. STAFF Unit Coordinator Peter Cordina Building ED.G.68, Parramatta campus Phone: 9685 9583 Point of first contact Unit administration...
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...1.) Why are M&S in this predicament? The Report begins with an executive summary in order to explain the Situation of Marks & Spencer hence it follows an analysis of their predicament. Marks & Spencer was founded in 1894. In 1926 M&S is floated on the London stock exchange. They became more international in the year of 1973 with their first overseas store in Canada and in 1975 they build up stores in Paris and Brussel. In the year 1997 M&S profits exceeded £1billion. Finally Marks & Spencer became an international company, which spread through Europe, North America and Asia. The product portfolio of M&S comprises a whole range of clothing, footwear, gifts, house appliances, and food. As of the 1990s more competitors appear to the clothing market and M&S loses market shares. Competitors like Zara, The Gap or H&M were trend oriented, innovative and were able to sell their products at a very low price. In the autumn of 1998 British retailing descended into a sudden recession. In contrast to the first recession M&S did not come through unscathed. This recession due to more trouble in sales and profits reduced dramatically. Moreover M&S operated on the basis of two clothing collections per year. They need nine month ahead of the season in order to place their products to the market. According to the rivals The Gap, Zara or H&M, which had 14 season per year with stock changes every three weeks. M&S was not anymore in the position to supply their products at the right place and at...
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...Since the late 1970s, many studies have reported on the prevalence of fetal alcohol syndrome ( FAS) , alcohol-related birth defects ( ARBD) , and alcohol-related neurodevelopmental disorders (ARND) . The three main types of research methods used in these studies are passive surveillance, clinic-based studies, and active case ascertainment. This article describes each of these methods, including their strengths and weaknesses, and summarizes the estimated prevalence of FAS produced by each of these approaches. The maternal risk factors associated with FAS and other alcohol-related anomalies include advanced maternal age, low socioeconomic status, frequent binge drinking, family and friends with drinking problems, and poor social and psychological indicators. Overall, the available literature points to a prevalence rate of FAS of 0.5 to 2 cases per 1,000 births in the United States during the 1980s and 1990s. KEY WORDS: fetal alcohol syndrome; prevalence; epidemiological indicators; alcohol-related neurodevelopmental disorder; birth defects; statistical estimation; data collection; clinical aspects; population dynamics; risk factors; research in practice; research quality Establishing the prevalence 1 (1 See the sidebar on page 160 for the definition of prevalence as it is used in this article.) and other epidemiological characteristics of fetal alcohol syndrome ( FAS) , alcohol-related birth defects ( ARBD) , and alcohol-related neurodevelopmental disorder ( ARND) 2 (2 FAS is...
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...International ISSN: 2278-6236 Journal of Advanced Research in Management and Social Sciences Impact Factor: 4.400 MERGERS A N D ACQUISITIONS IN THE INDIAN BANKING SECTOR: A STUDY OF SELECTED BANKS Komal Gupta* Abstract: In the present era of global economy, Mergers most widely used business strategy restructuring greater market economies share, long term of corporate profitability, entering of scale etc. The present paper evaluates on the financial is conducted performance and Acquisitions have become the and strengthening new markets, capitalising the effects of merger and acquisitions to analyse the effectiveness on the banks. Two cases of merger and acquisitions of mergers and acquisitions have been taken randomly the study, first the merger of ICICI bank and The Bank of Rajasthan, Bank of Punjab. The results of the study indicate positive and acquisitions on the financial as sample for and second the merger of HDFC bank and Centurion of mergers on of the selected banks in India. Pre and post merger comparison on selected variables impact to achieve performance that there is a of the selected banks. Key Words: Mergers and acquisition, Banking, Financial Performance, Financial Ratios, Synergy. *Assistant Professor, Maharaja Agrasen College, Delhi University Vol. 4 | No. 3 | March 2015 www.garph.co...
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