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2 years ago

What are the impact of retail shop fitting strategy?

1 answer:

7 0

The impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

<h3>What is retail shopfitting?</h3>

Retail shopfitting is the use of colors, displays, and various fittings as a strategic business move and attractively fitting the retail shop, ensuring:

Increased visual impact
Customers find your store
Increased customer sales
The communication of retail brand
Improved business performance and profitability.

Thus, the impact of a retail shopfitting strategy is that it ensures that the retail store attracts and engages the customers.

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A merchandiser:A merchandiser:

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Answer:

A.Earns net income by buying and selling merchandise.

Explanation:

Merchandiser is a organization or individual which supplies and promotes products to the consumers. Merchandisers buy the merchandise from manufacturer and display it on their place to sale it. The Net value of Purchase price and Selling price is their return. So, They earn the net income from buying and selling of product.

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3 years ago

Jefferson Inc. (JI) is a relatively new company that wants to improve its employee rewards, compensation, and benefits. The comp

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Answer:

The correct answer is comparable worth.

Explanation:

Comparable worth is a legal concept that applies to workplaces. In essence, this concept argues that all jobs or positions that are considered by the employer of similar value must be compensated in the same way, regardless of the gender of the employee. In some places, this concept of equal pay for work of equal value is also about inequality in remuneration based on race or sexual orientation. At its heart, comparable value focuses on ensuring that people who are contributing to acceptable levels for a business or other organization are compensated equally and without any prejudice or discrimination.

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3 years ago

g You earn $40,221 at your job and must pay 11% of your income in taxes. You then decide to save 8% of your disposable income. H

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Answer:

The amount left for consumption spending is $32,932.95

Explanation:

The amount left for consumption spending is known as disposable income or take-home pay less savings .The disposable income is the income left after taxes have been paid to relevant tax authority.The computation of amount left for consumption is done below:

Gross income $40,221

Tax at 11%(11%*$40,221) ($4424.31 )

Disposable income $35,796.69

Savings at 8% of disposable income

($35,796.69*8%) ($2,863.74)

Amount left for consumption spending $32,932.95

This is not mean that I have to spend this $32,932.95 during the month, there might some investments I want to my money on to yield more returns.

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3 years ago

Read 2 more answers

The three important elements of a firm's business model are its target market, its basis for differentiation, and its ______

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Answer:

SEGMENTATION

Explanation:

The important elements involved of a firms business model are its TARGET market basis for differentiation and it segmentation these three elements involved results into important elements of a business model.

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3 years ago

Because of the relatively high interest rates, most consumers attempt to pay off their credit card bills promptly. However, this

telo118 [61]

Answer:

a) Proportion = 41.3%

b) Proportion = 9.18%

c) Proportion = 13.35%

d) Interest payment = $37.28

Explanation:

We have normal distribution with mean = 29 and standard deviation = 9

a) The proportion of the bank’s Visa cardholders pay more than $31 in interest is:

P(X > 31) = $(\frac{X-29}{9}>\frac{31 -29}{9})$ = P (Z > 0.22) = 1 - P (Z ≤ 0.22) =

1 - 0.58706 = 0.41294 = 41.3%

The proportion of the bank's Visa cardholders pay more than 31 dollars in interest is 41.3%.

b) The proportion of the bank’s Visa cardholders pay more than $31 in interest is:

P(X > 41) = $(\frac{X-29}{9}>\frac{41 -29}{9})$ = P (Z > 1.33) = 1 - P (Z ≤ 1.33) =

1 - 0.90824 = 0.09176 = 9.176% ≈ 9.18%

The proportion of the bank's Visa cardholders pay more than 31 dollars in interest is 9.18%.

c) The proportion of the bank’s Visa cardholders pay more than $31 in interest is:

P(X > 19) = $(\frac{X-29}{9}>\frac{19 -29}{9})$ = P (Z < -1.11) = 1 - P(Z ≤ -1.11)) =0.13350 = 13.35%

The proportion of the bank's Visa cardholders that paid less than 19 dollars in interest is 13.35%.

d) Let's suppose this amount of payment is Y:

Therefore P(X > Y) = 0.18

so P(X < Y) = 0.82

Utilizing standard normal approximation

P(X ≤ Y) = $(\frac{X-29}{9}\leq \frac{Y -29}{9})$ = P (Z ≤ $\frac{Y-29}{9}$ ) = 0.82

Form the standard normal table we find that $\frac{Y-29}{9}$ = 0.92

Therefore,

Y - 29 = 9×0.92

Y - 29 = 8.28

Y = 8.28 + 29 = 37.28

Therefore $37.28 of interest payment is exceeded by only 18% of the bank's Visa cardholders.

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3 years ago

What are the impact of retail shop fitting strategy?​

What are the impact of retail shop fitting strategy?