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The cash for the acquisition of store

A List 5 possible names. Please review the related information in the student manual about name choice.
What is the current location of the store? What options do you have for relocating?
Where is the cash for the acquisition of the store coming from? What will you have to pay for before opening? How much will you have left?
If the average margin on an article of clothing is $10, how many units will you have to sell to cover the fixed costs you calculated?
Sales may be slower than expected when you start out. What can you do to stimulate demand?
How many part-time employees would you need to hire if you are open 10 hours a day every day of the week, and want 2 part-time employees working at all times?
A detailed account of what you did during each of your practice rounds in the simulation. Document each decision in each round, the results you attained in that round, and why you think you got them. What lessons did you learn going into the competitive rounds?

Sample Solution

4) Rewards to be improvement in performance.
5) Flexible access i.e anytime, anywhere training.

Need for Training

• To impart to the new entrants the basic knowledge and skills they need for definite tasks.
• To assist employees to function more effectively in their present positions by exposing them to new concepts.
• To build a line of competent people and prepare them to occupy more responsible positions.
• To reduce the supervision time, wastage and spoilage of new material.
• To ensure the economical output of the required quality.
• To proven obsolescence.
• To promote individual and collective morale, responsibility and cooperative attitudes etc.


Cooperate headquarters

Mumbai :- Kasturi buildings,Mohan T Advani Chowk,
Jamshedji Tata Road, Mumbai – 400020
Phone – (91) (22) 6665 4000
Divisional Headquarters

9 Bazullah Road, T Nagar, Chennai-600017
Phone- (91) (44) 4344 4000
Fax – (91) (44) 2815 8015