A Clothing Retail Store In Andhra Pradesh

A Clothing Retail Store In Andhra Pradesh Introduction It is situated in southern coast of India and its capital is Hyderabad. Telugu is the official language and kuchipudi is the state dance of Andhra Pradesh Name of the store:- SHINNING STAR STORE Description of clothing retail store Cloth retailing is one of the top retailers in India because fashion has become very much popular among youngsters and even middle age. In India western culture is followed nowadays and our country is following their style like anything. Becoming the owner of clothing retail store is not that easy it requires lot of planning and hard work. In this venture we should know the ins and outs of the fashion retail business. The hours of operation will be Monday to Saturday 10 a.m to 8 p.m . The competitors are shoppers stop , Westside , palem leathers , pantaloons , Bombay store , Max , etc. Environmental scanning of Andhra Pradesh I am opening a clothing retail store in Andhra Pradesh and the city that i have selected is Hyderabad .Andhra Pradesh. The retail industry in Hyderabad is on the rise. The reason for choosing this city is that its 6th metropolis in India , development ,advancement of the infrastructure , due to its size and population. The clothing retail store will be free from any political and social barrier as I am opening according to government policies and society. Retail store identity- The brand name is KELVIN and logo Types of retailers My store is a speciality store majority of western and rest is Indian wears . Its for family shopping Company ownership My store is organised as a sole proprietorship me and my manager handle all his administrative and managerial duties of the clothing retail store Vision of the retail store- To sell products according to customers and satisfy their needs to build long term relationship and to stay in the market for long run. To be best clothing retailer among other retail store. Mission of the retail store- To satisfy customers in terms of services and provide them best quality clothes according to their tastes and preferences at cheaper rate than competitors and assortments of all sizes and styles. We believe in providing excellent and superior services and making shopping a relaxed and pleasurable experience. Objectives The primary objective is to provide one-stop-shopping for all the members of a family To create shopping environment To make shopping convenient. To attain a position in urban areas of Hyderabad To build long term relationship with customers To gain profit To ensure that our customers get the best value, quality and satisfaction from using the services given by my store Goals · To become a profitable business Gain profits to provide them fresh stock Selling clothes according to new fashion Goodwill in the market Establishing for a long run To create customer and seller relationship To maximise customers Business plan- Without business plan we cant move forward in opening a retail store. too It involves both time and money budget. We need to frame out our business policies like working hours ,rules and regulations, inventory and need to work out on our advertising and marketing plan as well as employee details ,expansion plans, use of profit, investment and partnership policies. 2. Selling products of the retail store- Our products will range from basics to stylish wear.Womens clothes ,childrens wear ,mens wear ,casual and sports wear . Services- Free delivery E-retailing Credit card payment Online transaction Guide Parking facilities Help desk Proper assortment Discount offers Convenient billing procedures Occasional offers One stop shop 3.Marketing plan All goods will be purchased according to the customer tastes and preferences and all sizes of men , women and children. Pricing strategy We base the product lines that we carry on their reputation and quality as western and Indian wear apparel. Most of our lines come with a suggested retail price that we will follow. We will provide discounts and special offers seasonally and occasionally. The most important thing is that we will provide them products at cheaper rate than competitors. Promotion strategy It is done by advertising providing free samples posters and banners online advertising pamphlets brand ambassador radio , etc. Positioning- We will offer name brand western and Indian wear in a larger assortment of styles and sizes that arent always readily available in the mass. To give customers excellent experience through our stores and provide them whole product line and services. Barriers Competition Input cost Inflation Less productive labour Increase in taxes Economies of scale SWOT Analysis Strength- Demographic factors Shopping Convenience Availability of resources Organized Retail Weaknesses- New retail store Taxation hurdle Developing supply chain Oppurtunities Location Market Growth E-Retailing Lifestyle and convenient retailing Threats- Competition from shoppers stop,pantaloons, Inflation Market analysis of the retail store There are four factors which are taken into consideration when market analysis is done for the clothing retail store:- target market- I am opening the store in Hyderabad city in suburban and urban areas. As the popularity increases we expect to see an assortment of curiosity seekers, and local residents as well as the seasonal purchases. And for those who find difficulty while purchasing western and Indian clothes at one place. customers- they will be of high and middle income group competitors shoppers stop , Westside , Bombay store , pantaloons , palem leathers , etc. Fashion- seasonal or the occasional and the latest trends prevails in that city. Market share- Our intension will be to gain 80% market share by focusing on positioning , location , other brands ,promotions, etc. Organisational structure- Owner Store manager Cashier Salesmen 4.Operational plan- Location I am opening this retail store in Hyderabad There are major factors on which location depends your ability to pay for it ,land cost the visibility of that location to the target segment you plan to focus on. No. of other clothing retail store in that area Lifestyle of that particular area Demographic factors like age ,sex ,etc. Competition in that area The place is 1000 square feet and has been taken on lease for two years. Key supplier- Supply chain management is very necessary because of inventory management so that we will earn maximum if there will be no shortage of stock anytime. The clothes will be imported from Delhi and Mumbai. Store layout- We follow the pattern of free form layout as it provides relaxing environment and facilitates shopping and browsing. Products are placed in a systematic manner. The store will be double storeyed on ground floor kids section, 1st floor for womens section and 2nd floor for mens section. Well provide convenient shopping to our customers Credit policy- Being a retail environment we will not be selling on credit well accept cash , checks , and all major credit cards because through there is reduction in bad debts. Merchandise Management System: The order received from a vendor are kept in warehouse and inventory is raised when there is shortage of stock . Therefore there is need to keep a record of total orders received and sale. There is a need to manage the merchandise so as to keep minimum level of stock which should be there all the time in store. To run retail store well we have to look upon our inventory time to time. We should give both the quality and compatibility to customers. Store management- Its very important for the retail store to manage their store. Employees will be encouraged to work in their creative , physical and intellectual boundaries. Duties will be delegated according to strengths and weakness . All decisions are made in-line with the company objectives and employees tasks are delegated based upon their level of expertise , creativity ,etc. Medical benefits are also given to employees . All Entire workforce of the clothing retail store. Owner 1 store manager 3 cashiers 6 salesperson Security guard Delivery vans, bikes and boys Merchandise will be purchased according to companys mission and customer focus of outfitting all sizes including womens plus sizes , mens big and tall and for kids of 1 day to 16 yrs. I would use the round track for displaying the clothes in the retail store. Human resource management- In clothing retail store we need both skilled and unskilled labour and follow the policy of customer relationship management. I would follow these steps in my clothing retail store:- Retail market financial Retail site location Customer relationship management (CRM) Information Distribution system. 5. Financial plan Requirement There is a need of 5 crores to open clothing retail store . We have planned to open a retail store that is in Hyderabad. Supplement financing is also required to work on site preparation , inventory , and operational expenses. The loan amount appears in the long term Use of fund Funds will be used to pay renovation , construction ,sales counter ,painting, carpeting , lighting, dà ©cor display fixtures .We will also purchase inventory , cash register and computer equipments and also an inventory management system and rest will be the operating cost. In future well reinvest residual profits into company expansion and personnel. Projected cash flow Our business will collect immediate payments from the customer. So it will much likely to the income statement. Our cash flow statement clearly demonstrates our ability to cover all the bills. Projected balance sheet Clothing retail store will launch in Hyderabad with an equity of 2 crores and 1crore in loans. Credit amount and suppliers term for inventory will appear in the balance sheet as a short term liabilities. All the other details will also be shown in the balance sheet. Customers on Average/day Expected Growth on sale Sale/Day Sale /Month Sale Yearly 140*100 on Average 14000 420000 5040000 Second Year 25% 17500 525000 6300000 Third year 25% 21875 656250 7875000 Expected Break Even Point/store Break even analysis has been completed on the basis of average costs/prices.The following chart shows what we need to sell per month to break even, according to these assumptions: Expected Break Even Point/store Break Even Analysis PV Ratio= Contribution *100 Particulars Amount Sales Sales 5040000 Variable cost 3252000 35% Contribution 1788000 BEP Points= Fixed Cost/PV Ratio Fixed Cost 1357500 3826510 Net Profit 430500 Future expectations If we will achieve and exceed our sales and profitability goals we will increase the product line and expand our line of brands with those that have been repeatedly requested by our customers. Keys to success of the retail store Targeting customer Assortments of all sizes to fit the customers Advertising and promotion in targeted areas Latest trends in the market Valuable customer service

What Is Toxicology?

Research involving laboratory animals is important to people and to our quality of life. In the past century, most inhabitants of this planet have experienced an unprecedented rise in living standards, life expectancy and personal opportunity, in large part due to the many ways chemicals have been put to work for us. For example, drugs whose effects range from curing previously fatal bacterial infections, reducing the impact of AIDS, minimizing heart disease, decreasing age- related wrinkles, to reducing hair loss are widely available today. The many benefits of the diverse uses of our natural resources are an outcome of careful scientific research and of using chemicals in an appropriate and safe manner. Toxicologists, the scientists who help determine the limits for safe use of materials, use modern technological research methods, including tests on animals, to protect human and animal health and the environment. What is toxicology? Toxicology is the study of how chemical substances interact with living systems and affect normal processes, and the use of this information to predict safe exposure levels. Toxicological research and testing helps us to live safely and to derive benefit from natural and synthetic substances while avoiding harm. Toxicologists are involved in the evaluation of household products, medicines and the effects of incidental and occupational exposure to natural and manufactured substances. Toxicology also helps us develop the best treatments in the event that accidental overexposure does occur. What is safe? Toxicologists know that no substance is risk-free. One fundamental tenet of the science of toxicology is that all chemicals can cause harm at some level of exposure, summed up in the phrase â€Å"the dose makes the poison. † This means that exposure to a specific small amount of any substance will have no detectable impact on normal biological processes and is considered safe. Some doses actually have beneficial effects, as we all know from use of medicines. But increasing exposure to most substances will, at some point, cause harmful effects. Substances are considered toxic at that level. For example, digitalis is a plant product that has been used with great benefit to treat heart irregularities, but too large a dose will cause death. Oxygen provides another example of how increasing the dose can turn a safe compound into a toxic one. Oxygen is essential to life and part of the air we breathe, but when given at high concentrations it can cause lung and eye damage in infants. Sometimes the possible negative effects of a substance are outweighed by the positive benefits at that dose. Dogs are treated with heartworm medication because the risk of death from heartworms is much greater than the risk of toxicity of the medication. Similarly, chemotherapeutic agents are used to destroy cancerous cells even though they may damage healthy cells in the process. Prior to the use of new substances, toxicologists and policy makers are responsible for determining the range of exposure that is safe and the level of exposure that may be harmful to human health or to the environment. The effect of the level of exposure is also important when toxicologists assess the risk caused by a substance already present in the environment. The benefits of using a new substance, or the costs of removing an environmental contaminant, are viewed relative to the perception of what is safe.

Drug Abuse in the United States Essay - 1044 Words

Drug Abuse in the United States of America In the United States of America, we, the people value several things, some of which are freedom, expanding and taking care of our families and our financial security. We, the people, take such things for granted. We also discourage some behavior, such as crime, laziness and use of illegal drugs. Drug abuse is one of the most discouraged behaviors in our country. Use of illegal drugs is harmful to the userand all those with whom the user comes in contact. There are over 40 million illegal drug users in the world today and America is the biggest market for drugs1 . There are more drug dealers in this country, than there are dentists. Illegal drug abuse must be stopped; it hurts our†¦show more content†¦Marijuana is a popular, and illegal, drug. Its largest consumers are young adults. Marijuana is smoked in a pipe or rolled in a cigarette. Thirty-seven percent of people between ages 12-17 have tried marijuana.3 Marijuana gives a slight buzzing feeling of light-headedness. Experimentation with marijuana is dangerous because studies show that 60% of people who smoke marijuana on a regular basis move on to try harder drugs soon after.4 Marijuana tends to diminish the ambition and motivation in the user. In the long run, it may cause lung cancer and other respiratory problems. Cocaine is another popular, illegal, street drug. Cocaine is snorted or smoked as crack(a cheaper and, as a result of being so affordable, more addictive way). Cocaine gives the user a sense of well-being and extra energy. Cocaine is one of the most dangerous drugs. In 1995, over 500,000 emergency room accidents were cocaine- related.5 Cocaine is one of the worst drugs because it causes respiratory illness and kills mucus membranes. Heroin is the most addictive dangerous illegal drug on the streets. Youll become a so- called junkie if you use it. It affects the hygiene and personal appearance of the user a great deal, because nothing is as important to the user anymore as where that next hit will come from. Heroin is injected and sometimes snorted. It causes great euphoria, but also nausea andShow MoreRelatedDrug Abuse And The United States1645 Words   |  7 PagesNixon launched the war on drugs stating, â€Å"America’s public enemy number one in the United States is drug abuse. In order to fight and defeat this enemy, it is necessary to wage a new, all out offensive† (Sharp, 1994). Since this war was declared 45 years ago the prison population has risen dramatically and has cost tax payers a substantial amount of money, with no end in sight. Nearly sixty five percent of the 2.3 million U.S. prisone rs meet the criteria for substance abuse or addiction, yet only elevenRead MoreDrug Abuse And The United States1374 Words   |  6 PagesDrug abuse is happening in many countries. Millions of dollars are exhausted universally to prevent drug use, to treat addicts, and to fight drug-related misdemeanors. While drugs menace many civilizations, their result can also be combated triumphantly. This essay topic glances at some of the consequences of drug use on the world, and proposes some resolution to the complication. Drug addiction and drug abuse sinfully changes your state of body and mind with chemical substances. (What is the scopeRead MoreDrug Abuse And The United States879 Words   |  4 PagesThe issue of drug abuse and addiction in the United States has become much more relevant in the past few years. Drugs and the drug crisis were for the longest time something which was limited geographically, socially and racially. Which is to say that drugs were only a â€Å"problemâ₠¬  in the inner city. In the 1980s, this was symbolized by the so-called crack epidemic which ravaged the poorer and most fragile communities in the country. 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You could see how they are losing because there been so many cases that involve drug abusers that had to go to get treatment or some even go to prison. This is causing so many problems especially with the drug tradeRead MoreDrug Abuse And The United States1549 Words   |  7 PagesIntroduction: Drug abuse has always been a very delicate question as it always it deals with the health, well-being and even lives of human beings belonging to any country. The position of the United States of America towards drugs has always been very clear and distinctively negative. Throughout the history of the country there were numerous cases against drug dealers, buyers and many more. These cases did always catch the attention of civil people who by showing interest in such cases revealedRead MoreDrug Abuse in the United States546 Words   |  2 PagesA major social problem that is in the United States is the usage of drugs among students. Drugs have had a very large growth rate within the past years. Drugs are a major issue that is affecting students and going to school and getting an education. There are a numerous number of reasons of why the young are partaking in drugs. Mostly because they don’t have a very stable and healthy home environment meaning their parents don’t really care for them or discipline them by any means. A big transitionRead MoreThe Effects Of Drug Abuse On The United States1717 Words   |  7 Pagesdemonstrate the absurdity of the drug abuse problems in the United States, it should be brought to light that the 2014 National Survey on Drug Use Health estimated that â€Å"27 million people aged 12 or older have used an illicit drug in the past 30 days† (Hedden, Kennet, Lipari, Medley, Tice, 2015). As gun violence has become a popular topic in America over the past few years due to its’ related deaths, many Americans’ fail to realize that more people are dying from drug overdose than by weapon. In today’sRead MoreDrug Abuse And Its Effects On The United States Essay879 Words   |  4 PagesDrug abuse is worldwide problem and one that has plagued the United States for decades. Drug abuse negatively impacts not only the individual user, but also our society as a whole. The fight to prevent the manufacturing and trafficking of illegal drugs into the country has made very little impact on its accessibility to those that wish to partake. According to the National Drug Control Budget Report for 2015, the President of the United States request $25.4 Billion in Fiscal Year 2015 in orderRead MoreThe Effects Of Drug Abuse On The United States947 Words   |  4 PagesNgoc Do Drug Abuse Drug abuse is a problem that has been increasing immensely in the United States. The amount of people using drugs is increasing drastically with people starting or trying illegal substances as a younger age. Drug abuse is the over use of legal and illegal substances. The abuse of drugs is the number one health related problem. Types of drugs commonly abused include alcohol, tobacco, marijuana, painkillers, depressants, cocaine, stimulants, hallucinogens, heroin, and methamphetamine

Philosophers and Scientist of Modern Psychology - 1454 Words

RUNNING HEAD: Philosophers and Scientist of Modern Psychology Philosophers and Scientist of Modern Psychology History of Psychology While the philosophical distinction between mind and body can be traced back to the Greeks, it is due to the works of one great Philosopher that till this very day this is still in existence. Rene Descartes was the first to ever talk about the interactions of the mind and body, which later on in psychological history caught the attention of others who came after him such as James and Wundt. Descartes stated that not only body can influence mind, but that mind could also affect body. Descartes was a famous mathematician born in France. He was known as the father of modern philosophy for his works in†¦show more content†¦Even in this current time it is still debated mind and body interaction for example is it possible for the to act on it s own or the body to act on it s own. Descartes believed that bodily functions occur when the mind and the body interacts with each other such as lifting a leg and jumping up and down. I never put much thought into this but it all makes sens e to me. If I have an itch, it is the mind that tells the hands to scratch. I really believe Descartes findings to be somewhat true but not all true. I think if a person is in a coma, and the get out of it, it is the mind that works first and then the body after. Descartes also said that animals did not have brains. This is the reason I said somewhat agreed with his theory. This side of Descartes theory I believe to be untrue. Many animals were dissected alive because of this belief and it took years for this to come to an end. Based on my prior psychological knowledge, I think that it is almost like a domino effect. The work of one philosopher led to the work of others, which in turn makes this to be a never-ending process. 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