Sunday, January 26, 2020

Services to club members and casual flyers

Services to club members and casual flyers Introduction: The Long Ridge Gliding Club is gliding club that has been running by its members. It is an organization who is not running for the purpose of profit. The extensive grass airfield which is located on the top of a ridge nearly 400 metres over sea level.   It is a perfect place for having the enjoyment of ridge soaring and cross country flying. This club is also a best place for practice of ridge soaring and flying. The gliders launches by using a winch machine which can move forward with force to them from a standing start to approximately 110 kilometres per hour, 300 metres above the flying field, in just 5 seconds. The club is established in a set of old farm buildings with naive but comfortable facilities for members.   A bar and fundamental catering services are supplied by the club steward and inexpensive bunkrooms are available for club members. Services to club members and casual flyers: Different types of services are provided to different type of customers. The Evaluation of different services can be done by using following factors or services: Services Club Members Casual Flyers Products They can get benefit of Bar and Catering Services They can get Trial Flight gift Voucher Customers Club Member Public Member Product Range High Quality Medium Quality Design Changes In favour of Club Members According to numbers of booking Delivery Fast decisions Dependable Service Quality Fast service with high quality Close relationships between flyers and club Volume Per Service Type Most Service are high volume Most service are low volume Profit Margins Medium to high Low to Medium Competitive Factors: Charges Relaxation They get benefit in Charges.  £6.00 winch fee and 40p per minute if they are using clubs gliders They get charged  £40 for per flying session. Facility High facility provided Medium Facility provided Time Members know the total schedule of club therefore they take benefit of time. They have to wait only 2 to 40 minutes for another flight. Members do not know about the club Schedule therefore they cant take benefit of time. They have to wait one or more hours for another flight. (Different Services provided to Differente Customer) Five performance objectives The Long Ridge Gliding Club provides many facilities to their club members and public members. The club members and casual flyers both expect good performances from the gliding club. These services can be categorized in following performance objectives: Safety Safety is the most important service which is expected by both types of members. In safety they expect extra parachute, helmet, googols, etc. All these facility is provided by The Long Ridge Gliding Club. Time Casual Flyers expect that Club will provide better facility in small time interval. They do not want to wait much time for having enjoyment of gliding. Club Members also expect the same service related to time. The Long Ridge Gliding Club provides good quality of service to their club members in all respects. They can wait in bar or in reading room. Distance between Launch Point and Club Administrators Cabin Both types of members want that distance should be less between the Club Administrators office and the launch point. But The Long Ridge Gliding Clubs Administrators office is located away about 1.5 km from launch point. Same Quality of Service Casual flyers want the same type of quality which is provided to their club members. Casual Flyers do not want to wait longer time. They never expect to wait one or more hours for a single gliding session. Club members also want the same service. The only difference between the provided services and expected services is that club members needs fulfil by The Long Ridge Gliding Club but Casual Flyers expectations do not meet to the expected service. Lack of Knowledge Casual Flyers so not know about any type of knowledge either it is related to the facility or related to the knowledge of gliding and soaring instructions. Club Members know all about these facilities and instructions. The Long Ridge Gliding Club does not provide the other types of facility. It only focuses on the flying sessions. (Performance Objectives) Advice to the chairman I would like to give advice to the chairman of The Long Ridge Gliding Club that he should enable different type of facilities and services in their club. He should provide a cafeteria, gaming zone, etc which are related to entertainment so every member can get benefit of them in free time. He should charge for those facilities which will be growing their business. He should enable newest technology in their organization for not only customers safety but also for growing their business. Chairman should try to locate their office near to the launch point. The club timing should increase by the chairman so more customer can get benefit of The Long Ridge Gliding Club. He should take a step forward in order-winning direction. He should raise performance of order winning factor.

Saturday, January 18, 2020

Mcq International Payments

1. In the case of a â€Å"sight draft† A. the draft acceptance is after the shipment of goods B. the draft is presented to the buyer for acceptance when the shipment has been made C. the risk for the importer consists in the disposal of the unpaid goods D. the goods are available to the buyer before payment 2. It is not a bank draft A. promissory note B. checks C. money orders D. bill of exchange E. documentary collections 3. B/E represents: A. unconditional order in writing to pay a specified amount of money to a specified person or to the bearer, upon presentation of the bill at a specified future date B. n order given to the bank in order to pay a specific amount to a person from the company current account against the presented bill C. an order given by a person to its bank in order to pay a specific amount directly in the beneficiary’s account D. a written promise to pay a determinate sum of money made between two parties 4. This is not a benefit for the importer w hen he use a payment based on the letter of credit: A. reliance on issuing bank’s credit rather than buyer’s B. documentary evidence that the ordered goods have been shipped on time C. payment deferred until goods are shipped and documents presented D. ssurance that necessary clearance documents will be provided 5. A clean L/C means that: A. the L/C can not be revoked without the specific permission of all parties involved, including the exporter B. the L/C is issued by a bank and confirmed by another, obligating both banks to honor drafts drawn in compliance C. the place where the payment is realized by the exporter bank D. the documents are presented without other additional documents or notifications 6. In the case of open account payment A. the goods available to buyers before payment B. the risk belongs to the importerC. the goods are shipped to a buyer with a strong guarantee of payment D. the goods are available to buyers after payment 7. â€Å"Consignment† means that: A. the exporter retains actual title to the goods that are shipped to the importer B. an order given to a bank in order to pay a specific amount to a person from the company current account C. the goods will not be shipped until the buyer has paid the seller D. the goods are shipped to a buyer without guarantee of payment 8. The chief advantage in case of advance payment is: A. no credit extension required B. apital tied up until sales; must establish distributor’s creditworthiness need political risk insurance in some countries; increased risk from currency controls C. if customer does not or cannot accept goods, goods remain at port of entry and no payment is due D. lowers customer resistance by allowing extended payment after receipt of goods 9. The difference between a P-note and B/E consists on: A. the amount of money is well determined B. the maker of a P-note to personally pay the payee rather than ordering a third party to do so C. the P-note is more se cure than a B/E D. he issuer of a P-note is the exporter 10. The highest risk is in case of: A. sight draft B. time draft C. cash in advance D. revocable L/C E. open account 11. International payments A. require common payment procedures B. are always guaranteed by a different bank C. are less risky D. are more complex than local payments 12. Open account payments mean that: A. the exporter retains actual title to the goods that are shipped to the importer B. the goods will not be shipped until the buyer has paid the seller C. the goods are shipped to a buyer without guarantee of payment D. n order given to a bank in order to pay a specific amount to a person from the company current account 13. In the case of a letter of credit this is not an advantage for the exporter A. Reliance on issuing bank’s credit rather than buyer’s B. Payment protection C. Rapid, local source of repayment, if payable at a local bank D. Payment deferred until goods are shipped and documents p resented (use of funds) 14. â€Å"Check† means that A. the exporter retains actual title to the goods that are shipped to the importer B. the goods are shipped to a buyer without guarantee of payment C. n order given to a bank in order to pay a specific amount to a person from the company current account D. the goods will not be shipped until the buyer has paid the seller 15. This is not a problem when we pay using a letter of credit A. Stipulations concerning freight cost are unacceptable B. Price is insufficient due to Interest Rate C. Unexpected quantity of product D. Description of product insufficient or too detailed E. Shipping schedule is not met 16. The Red-Clause Letter of Credit it is used when A. the exporter, as beneficiary, offers its credit as security in order to finance the opening of a second credit B. beneficiary has the right to instruct the paying bank to make credit available to one or more secondary beneficiaries C. the bank on whom the draft is drawn co mmits to pay the face amount at maturity by stamping â€Å"Accepted† across the draft D. in case of an advance payment in favor of an exporter 17. The lowest risk is in case of A. cash in advance B. open account C. sight draft D. revocable letter of credit E. time draft 18. In the case of Documents against Acceptance A. the bank issues a commitment for a stated time period to pay a beneficiary a stated amount of money B. he buyer may only receives the title and other documents after paying for the goods C. the buyer signs a time draft for payment at a later date D. the buyer may receive the title and other documents after signing a time draft promising to pay at a later date 19. In international payments are not used A. payment instruments B. non – cash payments C. cash payments D. balanced payments E. payment techniques 20. Stand-by Letter of Credit is used A. shipping schedule is not met B. stipulations concerning freight cost are unacceptable C. when the export pric e is insufficient due to FX rate changes D. nly if the importer didn’t fulfill it’s obligations E. only if the exporter didn’t fulfill it’s obligations 21. â€Å"Cash in advance† means that A. the goods will not be shipped until the buyer has paid the seller B. the exporter retains actual title to the goods that are shipped to the importer C. an order given to a bank in order to pay a specific amount to a person from the company current account D. the goods are shipped to a buyer without guarantee of payment 22. In the case of Documents against Payment A. the bank issues a commitment for a stated time period to pay a beneficiary a stated amount of money B. he buyer may receive the title and other documents after signing a time draft promising to pay at a later date C. the buyer may only receives the title and other documents after paying for the goods D. the buyer signs a time draft for payment at a later date 23. â€Å"Money order† represen ts A. is a written promise to pay a determinate sum of money made between two parties B. an order given to a bank in order to pay a specific amount to a person from the company current account C. an order given by a person to its bank in order to pay a specific amount directly in the beneficiary’s account D. nconditional order in writing to pay a specified amount of money to a specified person or to the bearer, upon presentation of the bill or at a specified future date 24. It is not a document required in case of a letter of credit A. Bills of Lading B. Income statement C. Commercial Invoice D. Packing List E. Certificate of Origin 25. In the case of a â€Å"time draft† A. the goods are available to the buyer after payment B. the draft is accepted by buyer in the delivery moment of goods C. the time of payment is after the maturity of draft D. the draft acceptance is after the shipment of goods

Friday, January 10, 2020

Up in Arms About Thesis Writing Services?

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Wednesday, January 1, 2020

Marketing Plan For Whole Foods Market - 1401 Words

1.0 Overview of the company: Whole Foods Market is a chain of organic, natural supermarkets found in USA, Canada and the UK. Initially founded in Austin, Texas in 1980, at a time when there were less than half a dozen natural supermarkets, the company saw rapid growth domestically through expanding across Texas and then into the West Coast of America. This was achieved through growth from the ground up and acquiring smaller natural food companies. Whole Foods Market in the present day is the result of acquiring 14 smaller firms - a key driver in breaking into the UK and Canadian markets. Marketed as ‘America’s healthiest grocery store’ the company has successfully grown to 408 stores across the world with sales of $14 billion in 2014 (Whole Foods Market, 2015). The firm is positioned as an upmarket grocery due to the emphasis on natural, organic origins, and as a result are able to charge a premium for their products. Through efficiently running its operations and stores, Whole Foods are able to maintain healthy 4.02% profit margins (Financial Times, 2015) and operating margins well above the American grocery store industry average at 6.58% (Bloomberg, 2015). Looking at 2015’s quarter 1 figures it is clear to see that Whole Foods have had a hugely successful year with sales of $4.7 billion, up 10% from the same period last year. Furthermore, they opened 9 new stores and have signed a further 11 new leases. 1.1 Why are they successful? As a company, Whole Foods Markets hasShow MoreRelatedMarketing Plan For Whole Foods Market1587 Words   |  7 PagesCompany/Product Background For this Global Marketing Foreign Market Entry and Marketing Plan, we will be expanding the Whole Foods Market into Italy. Whole Foods Market is considered to be a higher end, more organic store with higher priced products than other markets in the United States. 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Kudler Fine Foods marketing plan will include strategic additions, such as the distribution plan and pricing and positioning of Kudler, asRead MoreFinal Marketing Plan1088 Words   |  5 PagesRunning head: MARKETING PLAN Marketing Plan: Acai-A-Vie Soft Drink Nancy Katz October 28, 2010 Week 6 Marketing Plan Acai-A-Vie soft drink is an organic berry fruit juice made into a soft drink. It is full of antioxidants and contains not only an exclusive blend of the powerful acai berry, but also contains nineteen other nutritious fruits. Each of these fruits provides the body with the antioxidants to maintain a healthy lifestyle. Whole Foods Market is a specialty organicRead MoreKudler Fine Foods1298 Words   |  6 PagesMarketing Kudler Fine Foods Angela Bush MKT/421 February 19, 2012 Judith C. Allen Marketing Kudler Fine Foods Kudler fine foods is a store that markets fine foods but needs to bring some focus toward expanding their goods to the public. Improving their business operations will increase store efficiencies and the demand of its customers at a higher volume of purchases. The growth of this organization is significant and growth will coincide with strategic marketing that will expandRead MoreMarketing Mix1544 Words   |  7 PagesThe term marketing mix was first used in the late 1940s by Neil H. Borden (NetMBA, 2007). The original marketing mix introduced by Borden consisted of product, planning, pricing, branding, distribution channels, personal selling, advertising, promotions, packaging, display, servicing, physical handling, and fact finding and analysis. Later E. Jerome McCarthy grouped the parts into the four P’s of marketing known as product, place, price and promotion (NetMBA, 2007). â€Å"A typical marketing mix includesRead MoreMarketing Research Mkt.4211054 Words   |  5 PagesMarketing Research In the area of marketing and research development it is important to understand what goes into the process. â€Å"Companies today recognize that they cannot appeal to all buyers in the marketplace or at least not to all buyers in the same way (Armstrong and Kotler, 2009)†. Every buyer has there own specific needs and buying practices, so it is important to try to reach them all. In this essay Kudler Fine Foods will be discussed, their marketing strategy and tactics, identifyingRead MoreThe Meal M8 s Objective1552 Words   |  7 Pagesfocused on an underserved market segment: Healthy meals for children that allow simple preparation and social engagement between parents and their children. To achieve this goal or strategic position emphasizes: †¢ An easily searchable database with recipes prepared by a professional chef †¢ Focus on ingredients and recipes that appeal to children yet are healthy †¢ Searchable database that allows for easy functionality in replacing ingredients †¢ Partnership with whole foods with a focus on â€Å"in season†