the jeweler people turn to for the perfect expression of love. SWOT Analysis | Strength | 1. They have over 785 stores in US, which is one of largest buyers and processors of diamonds2. They have decades of experience and expertise in the diamond industry 3. On line purchase has been a great experience for the people and thus increases in sales.4. The revolutionary marketing strategy with a credit plan of "a penny down and a dollar a week," was introduced in 1925 for making jewelry and other
Words: 539 - Pages: 3
agent was able to purchase diamonds, approve the invoices for payment and sign the checks with no one reviewing the purchases. This situation can allow for potential fraud in that the purchaser can either work with the diamond company to get a kickback. He may also write checks that are fraudulent. It also does not allow for monitoring of cash budgets and goals. A solution should be a separation of the duties to allow for crosschecking. The purchaser should buy diamonds another person in finance
Words: 345 - Pages: 2
De Beers, is the world leading diamond company, established in 1888, DeBeers have great expertise in the exploration and mining to fine the best diamonds. The work that is done to find these rare diamonds is very great. The diamond formation gives a brief description of how the diamond is born. Diamonds are form in the throes of the earth’s creation within volcanoes, “pressures fifty thousand times the normal atmosphere and temperatures of up to 1,300c gave rise to their unique crystalline lattice
Words: 273 - Pages: 2
It has been said that there is no such thing as a sustainable competitive advantage. Do you agree? Why or why not? I Disagree First what is ment by competitive advantage and maintaining a Sustainable, competitive advantage? Competitive advantage is gained when a firm acquires attributes that allow it to perform at a higher level than others in the same industry. Sustainable, competitive advantages are advantages that are not easily copied and, thus, can be maintained over a long period of time
Words: 954 - Pages: 4
Indian subcontinent has been always the centre stage in the dramatic history of some of the world`s most famous mesmerizing diamonds. India is one of the earliest known source of diamonds. Today Indian Diamond Industry is pioneer in the gem industry and a world leader in the manufacturing of cut and refined diamonds. Diamonds today nine out of every ten come from India which is used in jewellery worldwide. The gems and jewellery industry occupies an important position in the Indian economy. It
Words: 562 - Pages: 3
The worth chain of jewels starts with investigation of precious stones from mines and is trailed by processing, manufacturing, whole selling and retailing. Mining There are not very many commercially-viable diamond mines operating in the world currently. Precious stones are sourced through three ways, open pit mining, underground mining and extraction from alluvial stores. The unpleasant jewels that are looked for from mining are then sorted in various classes
Words: 2019 - Pages: 9
Overview Founded in 1999, Blue Nile had grown to become the largest online retailer of certified diamonds and fine jewelry, with sales of $203.2 million in 2005 (up from $169.2 million in 2004). According to Internet Retailer Magazine, in 2006 Blue Nile was larger than the next three largest online jewelers combined; the magazine had ranked Blue Nile No. 48 in its Top 400 Guide to Retail Web Sites; in its December 2006 issue, the magazine went a step further and named Blue Nile an Internet
Words: 582 - Pages: 3
(a-C). They are differentiated on the number of sp3 (diamond like) vs. sp2 (graphite like) bonds, and the role that hydrogen (or OH) plays in the formation and structure of the film. A diamond like structure exists when sp3 bonds form between carbon atoms during the growing of a carbon film. The sp3 fraction is defined as: (Eq. 1) As the sp3 fraction increases the film tend more towards diamond properties and behavior. Diamond is a crystal with sp3 fraction of 1. The first kind
Words: 2213 - Pages: 9
gemstones. Diamond powder can be used to polish gemstones. This is because diamond has an extremely strong structural formation, where the atoms are arranged in a manner when they have the inability to maneuver. With the strong atom arrangement of this allotrope it allows diamond to be an ideal tool to scrape away dirt particles of gemstones, leaving the remaining surface smooth and with the absence of any rough areas.
Words: 470 - Pages: 2
Diamond stores in New York City are found in what they call as the "Diamond District". Diamond District is located at the 47th street of New York City. The Diamond district began at the Centuries-Old Hasidic Community from Eastern Europe particularly Antwerp and Belgium. During the 15th Century, Jews have an exclusive and distinct relationship with the diamond industry. During those times, Jewish people were given limited work choices. One of those choices available is to work in a diamond industry
Words: 506 - Pages: 3
