stressed out. Now imagine taking a few minutes to browse online and “window shop” at whatever you wanted to or better yet actually going to a store, taking the time to browse to find that perfect something and purchasing it. Wouldn’t that make you feel good? This is called retail therapy. This therapy has actually been recognized and proven by specialist and it helps individuals when done correctly. Let’s define what therapy is first. The Merriam-Webster Dictionary defines therapy as “therapeutic treatment especially of bodily, mental, or behavioral disorder.” Wikipedia says that “the English word therapy comes from the Latin…
"Shopping is cheaper than a psychiatrist." The name retail therapy is ironic and semi facetious, acknowledging that shopping hardly qualifies as true therapy in the medical or psychotherapeutic sense. It was first used in the 1980s, with the first reference being this sentence in the Chicago Tribune of Christmas Eve 1986: "We've become a nation measuring out our lives in shopping bags and nursing our psychic ills through retail therapy." The dark side of materialism as a tonic is that shopping…
Introduction This assignment compares and contrasts two fashion retail stores in Wellington, one catered to males and one to females. It analyses the retail environment of each store and critically evaluates the stores’ current retail practices. It then provides recommendations for improvement. The second part of the assignment evaluates two window displays. The evaluation finds that one of the window displays needs improvement and a concept for a new window display is discussed. The new…
Profile of Al Rajhi Bank Al Rajhi Bank is a Saudi Arabian bank and the world largest Islamic bank by capital based on data in 2015. Al Rajhi established in 1957 and called as a major investor in Saudi Arabian business and is one of the largest that joint stock companies in the Kingdom. The first branches Al Rajhi Bank opened in Al Shmaisi in Riyadh in 1979. Now Al Rajhi Bank has over 600 branches and has 9600 number of employee. Its head office located in Riyadh with six regional offices.…
1. BACKGROUND Commonwealth bank of Australia was founded back in 1911 by the commonwealth bank act that was in favour of bank nationalization. The bank started its first branch in 1912 in Melbourne and later joint hands with the state savings bank in Tasmania and a year later it was able to spread its branches in six different states. After 1920 the bank gradually expanded its role in central banking and along with time continued expanding and earning a good reputation in the market (Australia,…
Introduction: Lebanese Canadian Bank operated from 1968 through 1988 as a subsidiary of the Royal Bank of Canada Middle East. Lebanese is now one of the top ten banks in Lebanon and is a parent bank to Prime Bank (Gambia) Ltd. And currently has around 35 branches in Lebanon with around 600 or more permanent employees. Mr. Georges E. Zard Abou Jaoude and Mr. Mohammad I. Hamdoun are the Chairman General Managers and members of the board of the company. The bank has been developing in present day…
As a financial and insurance service group, MAA Group Berhad (MAAG) is a wholly owned Malaysia invested holding company operating in the Financial Services Sector and is listed on the Main Board of Bursa Malaysia. MAA Group has been long time in industry player with its first appearance in 1968 through Malaysian American Assurance Company Berhad (MAAB), which was incorporated as a public listed company principally engaged in the General and life insurance businesses. MAA Group was founded in…
Company Overview 3i Group Plc is a multinational investment firm managing private equity and venture capital. The company headquarter is located in London, United Kingdom with international presence in thirteen countries covering regions including Asia, Europe and Americas. The company was founded in 1945 by Bank of England and other major banks operating in Britain under the name of Industrial and Commercial Finance Corporation (ICFC) in order to provide financing to small and medium companies…
experience the same service as they expect then this difference will be zero and we can say that the service quality is very good. Higher the difference of above equation lower will be the service quality. (Anon., n.d.) Parasuraman, A. and V. Zeithaml (2006) define service quality as “the degree and direction of discrepancy between customers’ service perceptions and expectations”. The premises are based on Lapierre’s (1996) observations are service quality research is critically dependent on the…
regarding transfer funds, account details and also other information regarding the nearest ATM’S. Another facility provided is the information that can be downloaded on the google play store and the app store. It is a very good technology introduced in Pakistan and is expected to bring about a revolutionary in the Pakistani banking system. In addition it is very convenient and the customer can easily access his/her bank accounts. Insignia: Insignia relates to giving importance and priority to…