PROJECT 1: Jane Law, Area Manager of recent Clothing, the group of clothing shop for that you work, is involved that the store you take care of has operate at a loss the past two months and asks one to write a statement for her describing the reasons just for this. She also asked if you have any kind of suggestions for curing this craze. Rapid yield of fresh inexperienced personnel; the opening of a opponent store advertising cut price products in a better trading placement than yours; the recent designation in the road outdoors your shop as a not any parking region; these are some of the reasons which you may wish to consider to get the loss making. Write your report.
Modern day Clothing
Statement on the reduction for the last 8 weeks
Terms of Reference
To investigate around the loss and to make appropriate recommendations as expected by Miss Jane Law, Area Control on you February 2013.
1 . An interview was held with some with the staff.
2 . Online query polls had been sent to register customers. Findings
1 . An opening of a rival retail outlet selling low cost items was in a better trading position. installment payments on your The recent designation with the road away from store as a no auto parking zone acquired caused trouble to the buyers. 3. There was a rapid proceeds of small inexperienced staff. Conclusions
1 . Customers went to the compete with store since it was cheaper. 2 . Consumers went to additional store as a result of lack of auto parking.
3. Personnel could have been unsatisfied with their wage.
1 ) The price for the clothing should be lowered to a fair rate. installment payments on your Find a site where our customers can easily park.
several. Salary could be adjusted and more experienced staff should be appointed.
William D?l ko
Retail store Manager