Upload File
In this personal application assignment you will work on one product category or service offered by the organization in which you have worked before, or an organization you would like to work
Question Preview:
In this personal application assignment you will work on one product category or service offered by the organization in which you have worked before, or an organization you would like to work for in the future. (1) Describe the target market of the product and the segmentation strategy that the organization has employed (refer to Chapter 5, pgs. 173-180). (2) Explain the product positioning (refer to Chapter 7, pgs. 235-238). (3) What would you do to improve the product positioning? (4) Underline important concepts related to the book. (5) Make your points in approximately 6 par...Solution Preview:
The organization that is being targeted is the Real Estate Company or the Construction Sector. The product is the residential Flats in the range of 25-30 Lakhs. The target market is the market or the kind of customers that would be targeted for the residential flats as per the cost. The target market or the customers would be the people who are staying on rent and do not possess any property in the city where the product is targeted and have family members all earning and can afford to pay the equal monthly installments which will applicable on the loan of the product price
This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.
This report aimed to develop a critical understating of the various accounting software by evaluating the cloud-based accounting software in regards to businesses and then suggest the most appropriate accounting software to a chosen company such as Woolworth. The findings of the current report reflected that the company has key activities like manage, organize, maintain its store staff, develop various strategies for the business, billing for their products, maintain their transactions, and records them and handle their conflicts, etc. Similarly, its other activities related to revenue and expenditure cycle also includes sales and purchase related practices. Moreover, some internal controls are found weak in Woolworth due to which company has risks like segregation of duties, major frauds, poor corporate governance, improper monitoring of managerial opportunistic behavior.
