Lab Assignments Assignment Example | Topics and Well Written Essays - 750 words

Lab Assignments - Assignment Example There must also exist a spacious business room to house the franchise, and finally, the equipment must be available. My chosen corporation is the Canadian Broadcasting Corporation. the profile of the company indicates that its head office is at Ottawa, Ontario. The company is managed and run by the Board of directors, which includes the President and the twelve directors and appointed by the GIC for a five-year term and may be removed at any time by the same IGC. President is the full time while the chairperson operates part-time. The updated salaries for the Executives as at 2014 indicates the chairperson is to be earning between $565-$665, Project Manager $77,708, System analyst $62,511 and TV Director $78,118. The total amount of stock for the corporation is about $1,849 million. Budgeting is spending less than what you have planned on both the long and the short terms. A basic of budgeting requires an individual to know his/her income to determine the expenses that they may incur every month (Needles, Powers & Crosson, 2011). A basic of budgeting also requires an individual to calculate the difference to determine surplus or deficit before developing up a budget. My strategic plan includes starting up an income generating business that will sustain family members. I have several strategic plans ahead of me, just to mention some of them; I want to continue with my education until I grow old, I am also planning of coming up with programs within my society that will help create jobs for the jobless youth within my area. My tactical plans includes coming with ideas of how I will start my income generating business, where I will get the finances to start up the business, I am also thinking of what methods I will use to ensure the continuity of my education (Needles, Powers & Crosson, 2011). I am also planning of facing

The Impact of Technology on the Retail Marketing Essay

The Impact of Technology on the Retail Marketing - Essay Example Knowing these trends will allow retailers to incorporate necessary changes including technology development and incorporation in their business, increasing communication with customers for loyalty card development and other measures, and allow them to be proactive rather than reactivity (Javadi et al., 2012, 89). The trend that has had a major effect on the retail industry is technological development (Verhoef et al., 2009, 30). The implications for retail strategy are the needs to augment the technology in the retail environment include the incorporation of technology in the retail environment to suit the needs of the consumers and ensure sales are made within a short duration (Vel, 2010, 210). Technology development has increased interaction in-store environments through the realization by retailers that to maintain clients they had to ensure a lively, engaging, and interactive. Interaction in stores has been augmented using smartphones and tablets that aid in product demonstrations, payment, encouraging sharing in social media, and provision of extra information (Ellis-Chadwick, 2007, p.7). Payments are processed in any part of the store in major retail outlets using phones, smartphones, and tablets allowing for shortening of lines and augmenting client satisfaction. Interaction in stores has also been implemented using a large interactive display that engages the consumer, with the feedback being that the experience to the consumer is engaging, interactive and powerful. Interaction has also been augmented through allowing consumers to browse using the mobile devices in the stores to get further information and increase their involvement (Swinyard, 1997, 248).