Reflection Paper Outline
Now that the semester is coming to an end, I can come to the conclusion that Retail Management has served me decently well. I have encountered numerous of things in this course, and have learned plenty of things about the retail industry, and additionally have learned how to be successful in the industry. I have truly learned to appreciate further about the aspects of the industry.
Course experience
In all honesty, Retail Management was not my first choice. I had no idea what the course actually was and just applied for the program as a backup. I have always been a ‘creative’, ‘artsy’, and ‘hands-on’ person. I was never good with being academic such as math or business. I was always in artistic classes in High School. But throughout my time in the Retail Management program, its has broaden my option with my future plans, and has greatly sharpened knowledge in the business world. I never thought I would be interested in my business statistic classes, or even with numbers. Besides my enjoyment with classes, I have met so many great people. What is great about being a TRSRM student is that, you are offered so many opportunities. For example, the TRSM have held several events such as Kenneth Cole, Retail Speed Networking Event, workshops, etc. These events offers students career opportunities and are opened to many professionals in the industry.
What I have learned
The courses offered in the program in the past semester has taught me how to improve
In conclusion, this semester while I have been in this course has been one of incredible growth. I am a much happier person and may even take this course a second time because It may be more helpful the easier it becomes for me to open
In this program, I really learned how to appreciate the tutors when it was crunch to help me revise my work as well as to make sure I understand what I need to know for the course. It has taught me to make use of every resource I have to my advantage. The tutors here in EOF will not be around as often in the fall semester. So how I plan on keeping up the habit of using my resources is to meet with my teacher for office hours to receive extra help. I will also go to the tutoring center provided during the academic year where the tutors are trained and experts in each subject offered there. With learning how to utilize my tools it should help me throughout the year and reach my academic goals.
Switching Cost: If there is anything that can go in favor of a new entrant is switching cost of the buyer. Only loyalty buyers typically have these days is to value. If a new entrant can offer better value, buyers can switch to the new entrant with no switching cost. Better value can only come from sacrificing profits which might deter new entrants as a low profit margin does not promises long term growth.
I liked everything about this course. The seminars, study plans, and the weekly discussions help
When I first started this course, my grades were not where I wanted them to be. I found myself feeling down about it because I expected more from myself. I knew it was not my best work, and wondered what I could do to improve them. With “Achiever” as a strength, I am pushed by my drive.(Clifton, Anderson, Schreiner, 2006). I thrive off of hard work and often look to myself for the motivation needed to complete whichever task is needed. Seeing those grades made me want to improve and work harder. I began to set aside time to only focus on my
This course not only helped me to learn about myself, but others as well. I quickly figured out how I knew very little going through this internship and once I realized that, I found out that
Working in retail, entails patience and knowledge of the products in the store. Customers should
Selfridges, as " the Best Department Store in The World ", is an ideal place for a student with a Fashion Management background and a genuine enthusiasm for the fashion industry. With a goal to assume a role in the fashion industry in the future, I am eager to bring my superiority and show my ability to an iconic sophisticated luxury retailer, like Selfridges, providing an exceptional level of customer service and creating an exclusive shopping experience for the customers, so as to satisfy their needs and exceed their expectations. In addition, Selfridges not only provides customers with premium products but also delivers high-quality customer service by the friendly sales team, creating a welcome environment for customers to enjoy their shopping
Through my work and academic experience, I have learned the importance of working with a team and the key components of the retail industry. I am now looking to advance my professional skills. Having carefully considered my options at this time, I have decided to pursue a master’s degree in Luxury and Fashion Management in order to cultivate the proficiency and capabilities that I will need to begin a fulfilling and fruitful career as a luxury
My professor Evie Adomait at the University of Guelph wrote an interesting book that I am currently reading now called Cocktail Economics. As you might have guessed the book informs people about economics but is set up in a way that is suitable even for a common man. As the author mentioned in the book her main goal of the book is to inform people who think they know about economics but are actually misinformed. The authors have added an interesting and fun tone throughout the book to keep the reader entertained. The author begins the book with a story, a common story that always takes place at a cocktail party, as you. might have guessed it by the title. The books goal is to entertain its readers and interest them in the idea of the economic thought process. The book Cocktail Party
I have one question regarding the retail merchandising minor. Am I not eligible to pick up a retail merchandising minor since I am a student in the College of Food, Agricultural and Natural Resource Sciences? If not, is there a possible reason for an exception since I know I can potentially see myself in a retail merchandising career after
I have learned about the core subjects but also several elective courses designed to teach important skills. In my core classes I have studied several
General Nutrition Companies, INC. was founded in Pittsburgh, Pennsylvania by David Shakarian in 1935 as a single, specialized, general health retail store (Histories, 2011). Since
"Retailing Logistics" on the program of study leading to the award of the degree of B.Sc. in
Inditex ensures that its fashion is fast through its supply chain efforts. They have created new methods to enable store managers to order and display merchandise faster and added cargo routes for shipping goods. The company ships clothing straight from the factory to stores and makes two-thirds of its goods in Spain and nearby countries, compared to most competitors who manufacture most of their clothing in Asia. Inditex has their sales managers monitoring computers, which are reporting sales at every store around the world. When a garment does well or fails, they are able to quickly tell designers if they need to come up with new ideas. They also have generated