I asked several people the question “what is money?” and the responses I got were all very different. Several people gave the obligatory “cash” answer I was expecting, but some answers were more insightful than others. My waiter at a local restaurant, Michael Sovik, eloquently answered, “Money is paper currency with value backed by the U.S. government”. He then went on to say that he didn’t really understand how we are able to do that, and when asked about the derivative market he stated he had…
The department store was laid out very simple and was easy to navigate. Macy’s had a racetrack layout, as it is a major loop around the store and exposing more of the merchandise to the customers. It is almost a circle and it entice impulse buying, yet it controls traffic. Next, Macy’s has both permanent and temporary signage that were placed exterior and interior of the store. The permanent signage was the Macy’s logo that was in the outside of the store to clearly indicate where they are even…
What is value? The question is tricky to answer on its own, but it can be helpful to look at the big picture. When trying to decide what is valuable, one often has a hard time distinguishing between the concepts of “want” and “need.” It is not believable, however, to draw a barrier line between the two and claim that want and need will stay separate unconditionally. For each person, wants and needs are defined differently. The “wants and needs” of a homeless person compared to those of a…
Target appropriately handled this crisis because the CEO, Gregg Steinhafel, released a newsletter on Targets website apologizing to the public, which showed that Target took full responsibility for the events that occurred. In the newsletter, Steinhafel states “It was a crime against Target, our team members, and most importantly you- our valued guest” (Steinhafel, 2013). He goes on to confirm that the data breach issue has been addressed and shopping at Target is safe and secure. Target then…
working at a grocery store. “A&P” was published and set in the 1960’s, at a time where conformity and conservative nature was common. At the grocery store that Sammy works at there is a sign with strict rules stating that women must have their shoulders covered and appropriate clothing. Sammy’s manager, Lengel, is very strict and will not hesitate to tell someone when they are not abiding the rules. The main conflict of the story is when three teenage girls walk into the grocery store wearing…
Risks Internal In evaluating Nordstrom with regard to a brick-and-mortar expansion of five stores and one fulfillment center in the United Kingdom, requiring approximately $700 million in external funding, various internal risks were identified. The first being Nordstrom’s financial leverage as it stands today, prior to accumulating additional debt with the expansion to acquire new assets. Since 2014, Nordstrom’s financial leverage has grown exponentially, from 3.79 to 8.84, 9.03, and 8.30, in…
learned to appreciate it that there is more behind the scenes in a store that everything that is seen as a shopper. As a merchandising associate, we have to meet at the mall at 5am to begin our duties to ensure that everything is done and that all the signing for the sales are done effectively so that the rest of the day would run smoothly for the sales associates. I can say that everyone at Macy’s is very friendly and welcoming. At the store, everyone gets treated like family. We have morning…
Apple’s needs: From the current situation of Apple, it seems it is seeking to reboot its business in order to recover the decline in its iPhone sales. The company is looking for a way to retain it fabulous growth and maintain its financial strengths. Thus, Apple is studying the idea of acquiring another business, particularly in a business in the music streaming, because that mostly will help the company in increasing and supporting Apple Music Services that they introduced in 2015. The company…
Many people have asked themselves am i worth more than another human being or how can you measure ones life with money?We like to say we are all equal but we know in many cases lives are not held as equal when it comes down to it in life or death situations. In these situations people unknowingly compare themselves to another in how valuable they are compared to another human being when we are all made of the same flesh. People will ask what makes you better than me or your life more valuable…
What do you think treasure is about? Is it from the heart or what’s given? Let me start by saying this assignment is about the story the “Treasure of Lemon Brown.” Now in the story it introduces us to Lemon Brown & his treasure which was newspaper clippings and a harmonica & how these thugs entered the abandoned apartment and wanted to take his treasure away from him because they thought it was money, they never expected it to be newspaper clippings and a harmonica. So, my thesis is that…