Thursday, May 14, 2020
Literature Review of Depository Participants - 2394 Words
REVIEW OF LITERATURE T. Koshy, 1997, ââ¬Å"Depository in the Debt Market:The Unfinished Agendaâ⬠Though the Indian capital market is over 100 years old, it continues mainly as a market for equity related products. Debt is more or less financed through banks and financial institutions, although in the recent past, financial markets are playing an increasingly significant role. Even the Government securities market essentially consists of primary issues and inter-institutional trades.However, due to a variety of institutional and regulatory reasons, the Indian debt market has not been able to achieve even a fraction of its true potential.Although an exemption in stamp duty may appear to be against the interests of State Governments ââ¬â owing to aâ⬠¦show more contentâ⬠¦Quality of shares changed for better owing to dematerialisation and thus investors are expected to earn higher returns as a natural step, albeit, for some time only. Changes in quality of shares are expected to cause changes in demand and supply for shares, which in turn, influences the levels in share p rices (volatility). All these three issues are studied in the present paper. Liquidity and returns improved substantially in the post-demat period while volatility was very much below the daily changes permitted. Prof.G. Vasudha, 2006, ââ¬Å"Dematerialisation: An Introductionâ⬠Dematerialisation is the process of converting the physical form of shares into electronic form. Prior to dematerialisation the Indian stock markets have faced several problems like delay in the transfer of certificates, forgery of certificates etc. Dematerialisation helps to overcome these problems as well as reduces the transaction time as compared to the physical segment. The article discusses the procedures, advantages and problems of dematerialisation. The Indian Stock markets have seen a major change with the introduction of depository system and scrip less trading mechanism. There were various problems like inordinate delays in the transfer of share certificates, delay in receipt of securities and inadequate infrastructure in banking and postal segments to handle a large volume of application and storage ofShow MoreRelatedEpidemiology: Study Notes1775 Words à |à 7 Pageshypothesis. One of the most common is when the designer of the experiment cannot randomly assign participants to groups and some of the individual differences (e.g. height, weight, personality, genetics, predisposition to disease, etc.) act as variables (Mayrent, 1987). Part 2 Cofounding Factors in a Survey There are various ways to deal with confounding factors within the survey instrument. First, review the design and the variables for control and bias. Second, case-control studies assign cofoundersRead MoreDemat Account and Online Trading13117 Words à |à 53 PagesTABLE OF CONTENTS CHAPTER -1 | INTRODUCTION | 1-20 | | 1.1 Introduction to Demat and online trading | 1 | | 1.2 Indian e- Broking Scenario | 2 | | 1.3 Effect on off-line business | 2-3 | | 1.4 Depository Service- beginning | 3 | | 1.5 Indian stock market | 4-8 | | 1.6 Evolution of online trading | 9-17 | | 1.7 Reasons for online trading | 17-18 | | 1.8 Reasons for emergence of online trading | 18 |Read MorePROJECT ON CUSTOMER RELATIONSHIP MANAGEMENT WITH RELIGARE SECURITIES LTD7688 Words à |à 31 PagesLTD (REGIONAL OFFICE, BMCC ROAD, PUNE) TABLE OF CONTENTS Chapter 1. Rationale of the Study. Chapter 2. Objectives of the study. ï⠷ Title of the project ï⠷ Objective of the study ï⠷ Scope of the study Chapter 3. Profile of the company. Chapter 4. Review of Literature. Chapter 5. Research Methodology ï⠷ Research Design ï⠷ Data Collection Methods / Sources ï⠷ Sampling Plan which should include sampling unit, sampling size and sampling methods viz. questionnaire methods interview methods observation etc. ChapterRead MoreSummer Internship Project11120 Words à |à 45 Pages |10 | |2 |Company Profile |24 | |3 |Literature Review |45 | |4 |Objective of the Study |48 Read MoreOnline Trading12832 Words à |à 52 Pagesthe investor to maintain a Demat account. Dematerialization is the process wherein shares certificates or other securities held in physical form are converted into electronic form and credited to demat account of an investor opened with a depository participant A Demat Account is opened by the investor while registering with an investment broker (or sub broker). The Demat account number which is quoted for all transactions to enable electronic settlements of trades to take place.. SEBI has made compulsoryRead MoreRisk and Return Analysis26155 Words à |à 105 Pageswith a combined market capitalisation near $125.5 bn. Any market that has experienced this sort of growth has an equally substantial demand for highly efficient settlement procedures. In India 99.9% of the trades, according to National Securiti es Depository, are settled in dematerialized form. With the sweeping economic changes witnessed globally towards more market oriented economies, the government of India too has adopted radical economic policy measures to revitalise its economy. TheRead MoreEvaluation : Training Evaluation Opportunity Background1885 Words à |à 8 Pagesresponsibilities, and financial performance (Curtright, Stolp-Smith, Edell, 2000). Retirement Recordkeeper: A recordkeper is responsible for maintaining and tracking all participant data and assists the regional plan coordinator by designing enrollment forms and participant statements along with updates; reconciling information with the depository or custodian or transfer agent; allocating contributions and earnings; and providing allocation schedules (Subramanian, 1996). Behavior: refers to the transferRead MoreFunctions Responsibilities of Hr Admin Department of Rcl8779 Words à |à 36 Pagesdesk research method has been followed to review the existing literature on the subject. Both primary and secondary data were collected to prepare the report. The main sources of the primary data to prepare the company profile and its performance had been collected from organizationââ¬â¢s web site and the concerned with HR Manager of Royal Capital Limited and secondary data collected from the web site and books for the purpose of preparing the literature part. 1.5 Scope of the report TheRead MoreIntroduction . When Researchers Asked A Group Of Homeless1731 Words à |à 7 Pageshas a bed. Many recent studies credit the youthââ¬â¢s home lives as a significant factor in homelessness. In this paper I will explore the relationship between parental abuse in childhood and homeless youths using several studies and interviews. Literature Review All of the following scholarly articles described find that there is a direct relationship between childhood abuse and youths that are homeless. When looking at physical, verbal, and substance use, all articles agreed that abuse is a huge riskRead MoreProject Report on Comparison of Stock Market with Other Investment Option4136 Words à |à 17 PagesStock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the country: NCDEX MCX. Angel is also registered as a Depository Participant with CDSL. Our Business â⬠¢ Equity Trading â⬠¢ Commodities â⬠¢ Portfolio Management Services â⬠¢ Mutual Funds â⬠¢ Life Insurance â⬠¢ IPO â⬠¢ Depository Services â⬠¢ Investment Advisory Angel Group â⬠¢ Angel Broking Ltd. â⬠¢ Angel Commodities Broking Ltd. â⬠¢ Angel Securities Ltd. [pic]
Wednesday, May 6, 2020
Article Analysis Stand Up By Suzy Sausagehead
For this paper, students were to write an analysis of three articles in how they relate to each other based on their commonality. They were to also examine their differences by looking at quantitative and qualitative data from each article. The instructor notes that the basis of their thesis must come from one commonality that each article has as they relate to one another (such as an article dealing with issues of discrimination or religion etc.). The goals and objectives of this paper was to encompass all the skills and knowledge gained throughout the course of the semester which were but are not limited to: critical reading, annotating and outlining, quoting, paraphrasing, summarizing, and critiquing of other articles. This paper served as the studentââ¬â¢s final assignment for the course. The piece I have chosen to look at is a rough draft of ââ¬Å"Stand Upâ⬠by Suzy Sausagehead. In this paper, Suzy has chose to look at ââ¬Å"Selling Safe Sex in Public Schools,â⬠à ¢â¬Å"We are Each Otherââ¬â¢s Business,â⬠and ââ¬Å"There is No God.â⬠Suzy makes the claim that the common theme among the three articles is standing up for ones belief and/or lack of courage to do so. She also offers a common thread among the three for a crucial decision on voicing personal opinion. In looking at her introductory paragraph, I would advise including some sort of attention getter ââ¬â some strong statement. I personally do not like starting essays with quotes or statistics but if uses properly I would allow it, but this
Gun Control A Reference Handbook - 1639 Words
Although, he is mostly known for his contributions to science and mathematics, Plato, a Greek philosopher, too held views on armament control. To expand, he reflected praises for an oligarchy government, a government with all power, along with favoring the withdrawal of arms from citizens and a desire to enforce the holding of weapons in his state. Plato also wished to impose obligatory military training and have military operations once a month, as mentioned by Earl R. Kruschke in his book Gun Control: A Reference Handbook. The policies that Plato once respected are much like policies that are in place and are in consideration for the future. Gun control, a major issue throughout the world, is a controversial topic within many countries.â⬠¦show more contentâ⬠¦Patrick J. Charles, a former legal analyst, presents an illustration from eighteenth century England, Thomas Erle, a former general, brought to the attention of the Parliament that ââ¬Å"every substantial householder i n any town or city should be provided with a good musket in case of invasionâ⬠. Other beliefs of the people in this era were that firearms were for the purpose of suitable protection, which both gun rights and gun control advocates are in support of. In relation, Kruschke describes a case that takes place under Germanic Saxon laws. Under these laws, men obtained the requirement to join the army and any man who withheld land was to have armor and weapons. Furthermore, training in the practice of the peopleââ¬â¢s weapons, along with ââ¬Å"annual military exercises for the purpose of reviewâ⬠were in place. In the countries that enacted laws for the handling of arms, a large amount of preparation obliged the government to ensure proper use of weapons. In like manner, there was an abundant amount of other laws practiced in the past to benefit the control of hunting, crime, and carrying of arms. In England there were countless laws on hunting privileges. Many laws of the f ifteenth century focused on this concern. King Henry VII had multiple rulings forbidding certain weapons to help reduce hunting in his kingdom, but
Forbidden Joy Of Freedom In Mrs. Louise Mallards The...
Freedom is defined as being able to do, say, and think whatever one desires. Everybody wants to have the freedom to do whatever they want without the stress of somebody else holding them back. People do not want to be told what they can and cannot do; however, some freedom is restricted. For example, during the 1890s, which is the time period of ââ¬Å"The Story of an Hour,â⬠when a woman marries they are expected to keep a good social status, tend to their husbands, and take care of their home. Therefore, the freedom of doing anything and everything a woman desires is taken away when she chooses to take part in a relationship. This is what happened to Mrs. Louise Mallard. Her freedom was taken away because of her marriage but is later rekindledâ⬠¦show more contentâ⬠¦Sharon Harris also believes that the news seems to bring her tears of relief instead of grief (1). The theme is represented by Mrs. Mallardââ¬â¢s reaction because she feels held down by the pressure of so ciety and how she is supposed to act; however, she cannot fulfill those expectations, symbolizing forbidden joy of freedom. Mrs. Mallard reflects on her love for her husband after receiving the news of his death, which also represents forbidden joy of freedom. When Mrs. Mallard descends to her room, she looks out the window and thinks about life without her husband, and she suddenly realizes that she is free. Mrs. Mallard, being the loving wife that she is, knows that she is expected to mourn for her husband; however, she cannot rid herself of the overwhelming sense of freedom. Mrs. Mallard expresses the theme of forbidden joy of freedom by saying that she will cry at her husbandââ¬â¢s funeral because she knows that is expected from her by society, but she is excited for the years of freedom to come (Chopin 237). Although she loves him, and she knows that he loves her, she is still relieved that the stress of her malignant marriage is no more. She is no longer held down by her husband and the duties of being a wife. Joseph Rosenblum explains this when he says,Show MoreRelatedStory Of An Hour Analysis11 05 Words à |à 5 Pagesââ¬Å"The Story of an Hourâ⬠is all about a sickly wife who briefly believe that her husband is dead, and imagines a whole life of freedom to do whatever she want when ever she want to. In ââ¬Å"The Story Of An Hourâ⬠by the author Kate Chopin, the protagonist Louise Mallard was introduced to Mr. Mallard from a heart condition therefore the people that were all around her treated her very gently. Josephine had came to her with shocking news. Josephine tries to confront Mrs. Mallard about Louise father (Mr. Mallard)Read MoreStory Of An Hour Analysis993 Words à |à 4 Pagesââ¬Å"The Story of an Hourâ⬠, a story that portrays a new side about marriage which is not known to everyone in the 1890s. Mrs. Mallard, the wife of Brently Mallard, heard the tragic news about her husbands death. She became sad and cried in the sorrow of losing her husband, but soon experienced the joy of being free. As the time goes by she sees her husband walk in the house and dies of losing freedom again. In ââ¬Å"The Story of an Hourâ⬠, the author Kate Chopin depicts Louises dream of achieving the forbiddenRead MoreLouise Mallard : A Fragile Woman With A Heart Condition1280 Words à |à 6 PagesLouise Mallard is a fragile woman with a heart condition, so she must be informed carefully about her husband Brentlyââ¬â¢s death. Her sister, Josephine is tasked with telling her the news. Louiseââ¬â¢s friend Richards, acquired knowledge of a railroad disaster that claimed Brentlyââ¬â¢s life, making haste towards the Mallard home as soon as he assured himself. Louise upon hearing of her husband s death ââ¬Å"wept at once, with sudden, wild abandonmentâ⬠(Chopin). Once she had been calmed she left her sister andRead MoreThe Story Of An Hour And Still I Rise1449 Words à |à 6 Pagesââ¬Å"The Story of a Hourâ⬠and ââ¬Å"Still I Riseâ⬠express the problems faced by women? Both texts express some of the struggles faced by the protagonist woman in their retrospective time periods. ââ¬ËStill I Riseââ¬â¢ is very empowering and mirrors Angelouââ¬â¢s own struggles with her lack of freedom. and how the strength of women will allow her to be treated as equal. However, ââ¬ËThe Story of an Hourââ¬â¢, conveys its message of the oppression faced by women in a more subtle manner. It discusses how Mrs Mallardââ¬â¢s lifeRead MoreWomen Of The Victorian Era2428 Words à |à 10 Pagesis ââ¬Å"The Yellow Wallpaperâ⬠by Charlotte Perkins Gilman is one of her most interesting, daring, and defiant writing. The story portrays the apparently mentally ill female narrator being torn apart by her own personal feelings which are healthy and encouraging versus the patriarchal societyââ¬â¢s view of the proper and virtuous behavior for women. From the very beginning of the story, the quote ââ¬Å"John laughs at me, of course, but one expects that in ma rriageâ⬠suggests the nature of Johnââ¬â¢s character as someoneRead MoreWomen Vs. Oppression : The Continuous Struggle For Equality1590 Words à |à 7 Pagesto adapt to their power in society and put an end to patriarchal abuse and oppression. Women believe that although they are divided by class, race, ethnicity and religion, they experience the same oppression by men. In The Awakening and ââ¬Å"The Story of an Hourâ⬠by Kate Chopin and ââ¬Å"The Yellow Wallpaperâ⬠by Charlotte Perkins Gilman examples of the intolerable societal ââ¬Å"rulesâ⬠implemented on women and their struggle to overcome these inhumane conditions are all discussed in these texts. Social feminist
A Belief System
A Belief System- The Crucible Essay After reading The Crucible by Arthur Miller, one cannot help but wonder why when given the chance to confess to the accusations and live, did the characters choose to stay firm and die? For people today that question is not easily answered. In the past however, this was not a question at all. The answer was found within the strong religious background that most of the accused were raised on, and the feeling of pride and honor they felt in their hearts. John Proctor exemplifies the importance of a strong name through his actions and choices throughout the play; most significantly the fourth act when he chose death over disgracing his name. Giles Coreys refusal to reveal the name of the informant who accused Putnam of conspiracy also shows the role of justice in these individuals lives, letting God be the judge of their actions in life and not their peers. Sometimes you have to stand for more. Throughout the play one of the central themes continues to be John Proctors, Giles Coreys, and Rebecca Nurses refusal to degrade their souls with lies of confession only to save themselves from the unjust accusations of witchcraft. In this time and era the people living in and around Salem, Massachusetts were from Puritan faith and lived very strict lives. At this point in history there was still no separation between church and state, so the church had a major role in each individuals life. When Reverend Parris came upon the children of Salem dancing and conducting against their religion, they were accused of being in a pact with the devil by many of the towns people in the beginning. Rumors spread, and innocent people were charged of witchcraft. Some of the accused were, in every aspect, a perfect Puritan. Rebecca Nurse was one of these individuals. She was held in high opinion by almost everyone, except for Ann Putnam, who blamed her for the unexplained deaths of her seven children Rebecca had delivered. Ann Putnam claimed that Rebecca sent her spirit out on them. At one point there was even a testament signed and proposed in court declaring many peoples good opinion of Goody Nurse. Giles Corey was an old, strong-willed man, accused of witchery. After trying to disprove the faulty actions of the court and refusing to give up the name of his informant he was killed. Proctor was accused of witchcraft while trying to defend his wife, and was then later executed when he refused to slander his name. These three proud individuals did not want to confess to the lies they were accused of doing only to save their lives. For what is a name when you have no soul to go with it? That is what these individuals faced. The religious background of these individuals was the cause of their refusal to confess to the accusations toward them. Both Giles Corey and John Proctor believed in letting God be the judge of their faults. When Giles Corey refused to answer to his indictment in order to preserve his lands ownership for his family, he was trusting in a higher power, God, even when death was his punishment. Proctor also felt this way, and when arguing with Danforth about his confession of adultery, he turned to God as his judge when he said, I have confessed myself! Is there no good penitence but it be public? God does not need my name nailed upon the church! God sees my name; God knows how black my sins are! It is enough! 4. 132. These two individuals lost hope in the justice system that ruled their lives here on earth, so instead they decided to put their trust in their religious background and their belief in God as the definitive judge. Times have changed since the era in which John, Giles, and Rebecca lived. During the Salem witch trials confessing to a lie to save your life was an option many people chose, others did not out of a sense of pride and honor. As I Lay Dying, by William Faulkner Analysis EssayJohn Proctor was the perfect example of this. He had self-respect, particularly for his name. After verbally admitting his sin, Danforth wished for him to sign his name on a document, which would be displayed in public as evidence for his confession. He refused saying, How may I live without my name? I have given you my soul; leave me my name! 4. 133. John would rather die then give up his name. He had already given up his soul; he refused to give them the joy of his name. Hale then pleaded with his wife to take Johns shame away before it was to late; Elizabeth defended his choice saying He have his goodness now. God forbid I take it from him! 4. 134. Elizabeth knew that John had made a decision he believed in. She could not tell him that what he felt in his heart was wrong. Rebecca Nurse summed it up best when she said to John, Let you fear nothing! Another judgement waits us all! 4. 133. Throughout history people have chosen to die with honor instead of living full of guilt the remainder of their life. The above mentioned characters chose to die for their beliefs, not wishing to demean their lives, names, or families. The Salem witchcraft era was another extreme example of mans fear of the unknown, the unexplainable. Often in life people take for granted what it is that truly makes them who they are. Too many times people are willing to sacrifice their name or beliefs for something that is not admirable. The honor felt by those individuals in their heart and their knowledge of the truth is what prevented them from confessing to lies. History has a way of repeating itself. Over and over again there are examples of individuals who decided that they stood for something more than lies. In biblical times John died for his beliefs. Joan of Arc did the same. The Crucible shows a historical event in recent history, which reaffirms peoples belief in themselves and their reasons for not degrading their souls. Sometimes you have to look at the bigger picture of life and decide what you stand for. John, Giles, and Rebecca all discovered what was truly important to them and for that they died.
Tuesday, May 5, 2020
Now that Im a High School Senior Essay Example For Students
Now that Im a High School Senior Essay After about 12 years of hard work and education, I am finally a senior. I am at the top of the high school hierarchy. I remember watching my siblings graduate and thinking, â⬠When will it be my time? Now, all of a sudden, it is! This year is a year of lasts; last first day of high school, last exam, last prom, last paper. It is a scary thought, but also exciting. This year is going to be one of the most emotional and crazy years of oneââ¬â¢s life. It is a year of reflection on what goals, fears and plans are for the future. My senior year, compared to others, is a little bit different. I can say it has been a big adjustment. I just recently moved from Cary, North Carolina to Parkersburg, West Virginia. So, although it is a year of ââ¬Å"lastsâ⬠, it is also a year of ââ¬Å"firstsâ⬠. I already miss things from where I lived before. I constantly think about my friends back home and remember all the great times we had. Also, I miss my family that has been there for me through thick and thin. It really isnââ¬â¢t that easy to stop those nostalgic feelings from forming. I donââ¬â¢t know if one calls that easier or harder to leave for college because I somewhat know what it feels like. I donââ¬â¢t have those established relationships and connections here. Is this going to be another hit to the heart because I will eventually grow to love them too? Those thoughts are constantly in my head, like a broken record player. One of my fears of being a senior is Senioritis. I am afraid that once I get accepted into a college I will suddenly get the feeling that I have done it all and its time to coast and enjoy myself. I canââ¬â¢t afford to that. With two advance placement classes, two college courses, and a significant number of electives, I have to constantly be on my toes. From here on out, it seems like it will become a sprint. I will have to get the grades I need, get all of my applications filled out and be sure to keep getting enough sleep throughout the process. I am doing my best to stay ahead of the game. I tend to be a bit of a procrastinator, so the more I can stay ahead, the more prepared I will be for whatever else comes at me. Another fear that comes to mind is how much I am going to miss my mom. I have always been excited to live in my own place, have a job, and earn my own money. But it makes me sad to think that this is the last chance I have to spend a lot of time with her. Have I taken full advantage of the time Iââ¬â¢ve had? Of course itââ¬â¢s fun to think about being independent and responsible, but itââ¬â¢s not fun thinking I can never go back. I will no longer be a child she can rescue. I will be an adult, and will be on my own The most frequent question a senior asks his or herself is ââ¬Å"what am I going to do after high school? â⬠My dream is to help people. My goal is to become an orthopedic surgeon. Once I attain this, I want to go into the military and use my skills as a surgeon. It would not matter where I was living as long as I am making a difference in the world. This dream partially came from my mom because she helps and makes a difference everyday as nurse. I have so much respect toward her. She inspired me to help those who cannot. I have always wanted to go into the military. It was a calling. Something deep inside said this is that path I need to take. Throughout the years my determination for this dream to come true only gets stronger and stronger. I would like to go to college at NC State, UNC, or Wilmington. From there I would study pre-med and a military science program. After that, medical school and enlist in the navy. .u291215c9757cf517c6f2062d50e48835 , .u291215c9757cf517c6f2062d50e48835 .postImageUrl , .u291215c9757cf517c6f2062d50e48835 .centered-text-area { min-height: 80px; position: relative; } .u291215c9757cf517c6f2062d50e48835 , .u291215c9757cf517c6f2062d50e48835:hover , .u291215c9757cf517c6f2062d50e48835:visited , .u291215c9757cf517c6f2062d50e48835:active { border:0!important; } .u291215c9757cf517c6f2062d50e48835 .clearfix:after { content: ""; display: table; clear: both; } .u291215c9757cf517c6f2062d50e48835 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u291215c9757cf517c6f2062d50e48835:active , .u291215c9757cf517c6f2062d50e48835:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u291215c9757cf517c6f2062d50e48835 .centered-text-area { width: 100%; position: relative ; } .u291215c9757cf517c6f2062d50e48835 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u291215c9757cf517c6f2062d50e48835 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u291215c9757cf517c6f2062d50e48835 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u291215c9757cf517c6f2062d50e48835:hover .ctaButton { background-color: #34495E!important; } .u291215c9757cf517c6f2062d50e48835 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u291215c9757cf517c6f2062d50e48835 .u291215c9757cf517c6f2062d50e48835-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u291215c9757cf517c6f2062d50e48835:after { content: ""; display: block; clear: both; } READ: Minimum Wage EssayFrom there live out my dream and make a difference in the world. Hopefully, I can keep things together in my final year in high school. This is the last time to get it right. I have big dreams that I am eager to fulfill. Even though I am new, I look around the high school sometimes and realize that next year I wonââ¬â¢t be here. A year ago I could not even wrap my head around that concept. Now I am a senior, like it or not every day the future becomes more real. The idea of college and life after college becomes less of an intangible fantasy and more of a hard reality.
Retail Operations Management of Mobile Phone Store
Question: Discuss about the Retail Operations Management of Mobile Phone Store. Answer: Introduction Retail operations management is a study of managing a retail store. The paper has been developed to present the ideas on retail operations that will be used to manage a mobile phone shop. The study presents retail operations, product, location and pricing strategy that must be considered while operating a mobile phone store. Retail operations Retail Sales Promotions Some of the sales promotion techniques that can be used to promote sales of mobile phones are discussed herein below: Prizes: Prize can be given with every purchase such as mobile headsets, Bluetooth headphones and other gift coupons. Leaflets: It is used to promote the retail store in the locality in which it is located. Coupons: It is a way of attracting customers and retains them to buy more products from the retail business. Contest: Contest is another retail sales promotion technique that can be used to increase the customer traffic in the store (Smith, 2007). Discount offers: Discount can be provided on the mobile phones to attract customers. People search for discount offers that makes the technique most effective. Elements of Retail Store Security The elements of retail store security that must be considered are presented herein below: The products must not be displayed at the door of the store. It is important to install cameras and CCTVs to keep watch on the customers. There must be a security guard to check what the customers are taking out of the store (Yeoman, Wheatley, McMahon-Beattie, 2016). It is important to see that the sales representatives handle the products carefully. There must be a generator to avoid blackouts due to power interruptions. The products must have security tags. Scope of Service Through the identification of all the requirements of the retail store, the fullest range of mobile phone-based service can be suitable for the outlet. The service scope of the retail business must list both sales and after sales service to the customer to make a significant impact on the target customers (Shockley, Plummer, Roth, Fredendall, 2014). Along with that, providing options, the service must be organised to estimate the cost of the retail business. Customer Service Offerings Customer services can be identified as one of the crucial features of retail sales in the mobile phone business. The retail store must design and develop direct services according to the demand of the purchasers. For instance, during product selling, the sales representatives should influence the purchasing behaviour of the customers by providing detailed information about the mobile phone (Gao Su, 2016). Along with that, after sales service of the device must be offered to support the sales. The retail store may offer on-site pickup of the mobile phone in case the user has faced any issues with the device during the warranty period (Jung Yoo, 2016). Such service offerings can impress the customers to a certain extent. Retail Selling Process In retail sales of the mobile phone, the store can follow seven step retail selling process to sell a product. First of all, sales executive must create an opening for sale through interaction with the incoming visitors. Next, probing is one of the crucial features in retail selling steps (Kang, Mun, Johnson, 2015). The salesperson must ask what sort of mobile will be required by the customer. After the probing step, demonstration of the product will be ideal to try out different products for the client. In the next phase of trial close, let the customer decide whether he is interested in buying the product or not. If not try something else. Afterwards, handling objections must be defended as customers may raise questions about pricing or technological concerns (Alexander Baker, 2012). The significant argument will be evident in this regard. Next, retail sales professional must ask the customer whether he has decided to buy the mobile. Meanwhile, closing the deal is the toughest st ep. Finally, if the customer has agreed to buy the product, go over the order and ask for a referral on a thankful note. Product The retail store must offer a variety of mobile phones such as Android devices, Windows Mobile and iPhones so that a large pool of target demographics can be set for the retail product selling. The products must include budget cell phones and hi-tech smartphones so that each type of clients can be attended (Ton Raman, 2010). In addition to that, the retail store must offer cell phone accessories and numerous online mobile application facilities for the meet the demand of the customers. The mobile accessories may provide additional selling scopes to the business to support the retail business. Retail Location The location of the retail store plays an essential role in the success of a retail business management. It is a unique factor that provides competitive edge to the company. Hence, the location of the store must be chosen after considering the long term results. The location must be situated in a trade area such as well known markets with proper transport facilities (Sampson Money, 2015). When planning for a mobile store, it must be situated in a core area such as shopping malls in the cities to attract more customers. Planned shopping areas have high visibility, excellent parking facilities and high customer traffic. Retail Pricing Competitive pricing model is an effective way of increasing competitive advantage. The price of the mobiles must be based on the price offered by other retailers in the market. It will help the company to increase its quantity of sales that will provide the company with higher profitability (Clark, 2013). A higher percentage of discounts on the mark-up price will attract huge number of customers and help the company earn profit on bulk sales. It will keep the inventory rolling on and increase the reputation of the retail business. Conclusion Brief overviews of the retail store and the product selling technique have been presented to draw the attention on the operations of the retail store. Herein, retail sales promotion and selling techniques of products can be identified as the crucial business factors. Meanwhile, retail pricing and location of the store will define the actual business probabilities for the retail store. References Alexander, R. Baker, B. (2012). Effective Retail Selling.Journal Of Marketing,6(3), 319. https://dx.doi.org/10.2307/1245881 Clark, E. (2013). 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