Company Description La Roulette Bijoux is an online product- and service-based business offering handmade and customizable jewelry and collectible origami gifts. The targeted customer is the personalized shopper as well as the collector who is not only looking for an accessory or gift, but an item with an interesting, memorable and relatable story. La Roulette Bijoux’s online shop is based on the global marketplace website Etsy, and operates out of a home-based workspace in the suburban Arima area. The business is a sole-proprietorship, owned and operated solely by Catherine Souddama with external resources consulted on a strict need basis. La Roulette Bijoux will offer its clients new and exciting jewelry designs and gift ideas that are available for personalization. Custom, one-of-a-kind designs for any occasion can also be requested through a user-friendly interface. Catherine has a unique background with both business and creative skills, resulting in an intuitive approach that distinguishes the business. This competitive edge allows Catherine to bring both an aesthetic design focus as well as a realistic, quantitative mindset that adds value to the product and service offerings, creating items that have both creative elements combined with practical ideas. This is useful as the business caters to clients seeking a complete and efficient shopping experience. Services In addition to product offerings, La Roulette Bijoux provides an engaging and user-friendly experience to the connoisseurs of shopping. Some of the services offered include custom listings, personalized requests, gift-wrapping and expedited shipping. The pricing of products and services are typically estimated as an item-based cost. The approximate number o... ... middle of paper ... ...heir customers. • Product Specialists: these offer similar items; larger operations can offer more product diversity to their customers. PEST Analysis Figure 1 (Appendix I) outlines the factors that may affect the operation of La Roulette Bijoux. Opportunities New technologies can make it easier for more customers to visit the online shop. Alternative payment methods can be accepted aside from the sole option of PayPal, which is largely an unfamiliar mode of payment in Trinidad and Tobago. More interactive avenues of communication to deliver a higher level of customer service can become available. Threats As La Roulette Bijoux is an online shop that ships internationally, changes in exchange rates can dramatically affect product prices. Changes in the economy can affect the income levels of the targeted market, resulting in a lower level of disposable income.
The need among Americans to be diverted in ever more imaginative ways -- through high-thrill parks, virtual reality arcades, and theme restaurants, plays right into the hands of Dave Corriveau and Buster Corley, co-founders and CEO’s of Dave and Busters. The duo’s 50,000 square foot complexes include pool hall, an eye popping, cutting edge midway arcade, a formal restaurant, a casual diner, a sports bar and a nightclub rolled into one sprawling complex. In business since 1990, this is a high energy, highly efficient operation that’s comparable to a Vegas extravaganza. As a matter of fact there are even “for fun” cashless blackjack tables, with fake $10,000 chips. Pricey, but not outrageous, and you get value for your money.
The situation with Mandy in Ed Vega’s short story “Spanish Roulette”, portrays a young women’s innocence being stolen and the distress that was brought upon the family thereafter. The narrator focuses on Sixto Andrade, the brother of Mandy, and how he deals with the situation. Although Mandy’s character is not directly introduced, she is significant because she is the purpose of the plot and she impacts the actions of her brother.
To Dance at the Palais Royale written by Janet McNaughton, is an exciting historical fiction novel that follows Agnes Maxwell on her adventures in the big city of Toronto. McNaughton’s novel is an accurate description of the technology available and fashion trends of the late 1920s. She includes many details in her novel such as the refrigerator, which was accurately described. McNaughton incorporates the use of the Victrola, a popular phonograph used in the 1920s and Agnes Maxwell has the chance to wear a beautiful dancing dress typical of the time period. To Dance at the Palais Royale is a historically accurate novel that authentically describes technology and fashion typical of the late 1920s.
Ed Vega's "Spanish Roulette" is about retaliation to preserve honor after a rape. The story is about Sixto, a peace-loving Spanish poet. Lino, a local gang member and drug dealer, rapes Sixto’s sister Mandy. Sixto discusses the situation with his roommate Willie. If Sixto retaliates, he will lose his peaceful soul and any reason for living. He feels if he does not retaliate, he might as well be dead. The police and courts cannot resolve the issue. The family must retaliate to preserve their honor. Retaliation deters future victimization. The honor culture Sixto lives in demands revenge for his sister’s rape and for her loss of chastity.
Set in France in 1904, the stage is a French bar called the “Lapin Agile”, with the action of the plot involving the characters who come into the bar and their relationship to time as well as each other. The script is an abstract look at the chance meeting of historical
e. In general, products that are expensive to produce tend to have higher selling prices than those that are cheaper to produce. By calculating $ 8 - ($4,000 / 1,500) = $ 5.33, it is clear that to keep the same price for all units, there will be a need to reduce the selection of the 15 types currently available to a reduced number which would include only those with an average variable cost less than $5.33.
The story “The Lottery” is set in a residential area in the United States of America where a summer convention is being visualized. In her story Lottery, Old Man Warner demands and discusses the characteristics of resigning the custom to the present era, which he describes as a pack of youthful fools. He additionally uncovers that the lottery is,
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Jackson, Shirley. “The Lottery.” A Portable Anthology. Ed. Janet E. Gardner. Boston: New York: Bedford/St Martin’s, 2013. 242-249. Print.
Signode Industries Inc. - Providing Packaging Solutions Executive Summary SIGNODE INDUSTRY: DILEMMA AT HAND: Mr. Gary Reed, President of Signode Industries packaging division, is in a dilemma as what he should be his course of action to meet the 6.8% increase in price of cold rolled steel- the raw material used in manufacture of Signode’s primary product, steel strapping. There are few options given in the case: Increase Signode’s strapping prices to offset the increased price of cold – rolled steel. Maintain Signode’s current book prices as increasing prices would affect sales force morale. Introduce price-flex model as proposed by Jack Davis i.e. a kind of selective discounting or premium charging for customized services. Recommendations Reason: (All data in accordance to 1983) In accordance to Exhibit 1: Sales of Packaging Division of the company = $285,950 In accordance to Table A: Sales of Apex = 33.3% of $285,950 Sales of BBM = 26.8% of $285,950 Sales of HDM = 33.4% of $285,950 Sales of Customized Products = 6.5% of $285,950 In accordance to Exhibit 4: Similarly, For Apex: As it has a capacity utilization of 71% now, Suppose a sale is $100. Then contribution is $39.15 Therefore variable cost is $60.85. Now if we increase the capacity utilization to 100%, Sales becomes $ 141 since production increases by [(100-71)/71] * 100 = 41% Variable Cost = 141% of 60.85 = $85.8 Fixed Cost = 69.38% * 12.3 = $8.53 Total Cost = 85.8+8.53 = $94.33 EBIT = Sales – Variable cost – Fixed Cost = $46.67 % of EBIT = [(46.67/141) * 100] = 33.09% Suppose the company sales 100x units, the total cost was 69.38. Thus per unit cost was .6938. Now the company sells 141x units, the total cost...
Pricing is an important aspect of every business. Chief Financial Officer’s (CFO) use pricing to create financial projections, establish a break-even point, and calculate profit and loss margins (Power Point, 2005). It is the only element in the marketing mix that produces revenue. Price is also one of the most flexible elements of the marketing mix as it can be changed very quickly. This is usually done to beat competitor prices in an attempt to fix the product’s market value position very low (Anderson & Bailey, 1998). After all, high prices make it difficult to become the market share leader. The leading US retailer, Wal-Mart, is an expert at low product pricing as evident in 2004 with $250 billion dollars in sales to their 138 million weekly shoppers. However, they are also responsible for reducing prices so low that it drives specialty stores out of business. This is the effect Wal-mart has had on many toy stores and has almost closed the doors of the famous toy store Toys “R” Us Inc.
Price Elasticity is the measure in responsiveness of consumers to changes in the price of a product or service. The evaluation and consideration of this measure is a useful tool in firms making decisions about pricing and production, and in governments making decisions about revenue and regulation. “Price Elasticity is impacted by measurable factors that allow managers to understand demand and pricing for their product or service; including the availability of substitutes, the consumer budgets for the product or service, and the time period for demand adjustments.” The proper consideration of Price Elasticity allows managers to set pricing such that the effect on Total Revenue is predictable and adjustments to production are timely. The concept of Price Elasticity is employed in the management of commercial firms and government.
Activity-based costing (ABC) is a costing method that is designed to provide managers with cost information for strategic and other decisions that potentially affect capacity and therefore “fixed” as well as variable costs. Activity-based costing is mostly used for internal decision making and managing activities while traditional costing method is used to provide data for external financial reports. Most organization uses activity-based costing as an addition system for using traditional absorption costing as sometimes the traditional cost system misleads the product’s profitability. In a company, there are many products on sale, if one product is sold at a high price with low product margin and a product with high product margin at a low price, it may result in a loss. In addition, due to the reason that cost drivers and enterprises business may change, activity-based costing analysis also needs to be revised periodically. This amendment should be prompted to change pricing, product, customer focus and market share strategy to improve corporate profitability.
The most common form, and basic, of latte art is a heart. The next two popular ones are a fern and a tulip. Latte art gets the baristas excited to make coffee and the customers excited to buy coffee and realize the person making their coffee cares. First, you need a shot of espresso and the milk needs to be steamed properly. You must keep in mind how fast you pour and where the milk is going. It takes a lot of practice to get it just right. This type of latte art is called a free pour, which means you have no tools except the consistency with your hand, and it takes no extra time. The other type of latte art is called etching. This takes more time and you can get more creative with it. The tools needed for etching is syrup if needed, and anything that has a pointed end or is stick shaped to pull things around. I don’t think latte art should cost extra if you get the most common designs they do. I really like this art, but I have never seen it in person. The public likes this work of art and it gives a sense of satisfaction when looking at it. If I had practice and someone willing to teach me I would try to do this. The six things artists do is create extraordinary versions out of ordinary