How Does the Pavilion Store In Winchester Use Intangible Experiences Assignment

How Does the Pavilion Store In Winchester Use Intangible Experiences to Keep Customer Loyalty - Assignment Example This research will begin with the statement that the Pavilion Clothing Limited is one of the internationally recognized fashion retailers that meet its customers on a face-to-face basis. The Pavilion Clothing Limited has been in existence for the last seven years. The pavilion is a private fashion and clothing entity that was established in 2007 by private investors. Currently, the Pavilion Clothing Limited is rated as one of the fastest growing clothing companies in the United Kingdom. The company is located in Winchester, Hants in the United Kingdom. The company deals with precious and up to date men and women fashions. A part of dealing with male and female clothes, the company deals with other products that include: bubblers, water pipes, rolling papers, cleaning suppliers, hookahs, vaporizers, and hand pipes. The prices of Pavilion’s products depend on the quality of the product as well as the existing market value. The Pavilion Clothing Limited’s main customers ar e middle class young and old people who have sufficient amount of resources to cater for the price of its high-quality products. The essay will start off by explaining the manner in which Pavilion Clothing Limited conducts the promotion of its products as well as the price, quality, and potential customers of Pavilion Clothing Limited’s products. Secondly, the essay will also explain the internal and external aspects of the Pavilion Clothing Limited and its effects on the success of the company. The essay will further define the meaning of intangible and tangible experiences and its application in Pavilion Clothing Company. The negative side of intangible experience in a company will also be expounded in the essay. Finally, the essay will explain how the intangible experiences add value to the company’s products as well as the strengths and weaknesses of the entire process. The Pavilion Clothing Limited’s success is to a greater extent brought about by its commo nly known high-quality products and services. The Pavilion Clothing Limited has developed effective models of connecting the company’s products to its customers’ emotional needs.

Corporate Governance in UK Assignment Example | Topics and Well Written Essays - 1500 words

Corporate Governance in UK - Assignment Example The paper throws light on corporate managements that always work on corporate governance strategies so as to meet the increasingly changing market trends. The corporate governance policy also helps to manage the interrelationship between stakeholders and the organisation’s fundamental objectives which shape the way the firm operates. The top management is always eager to know whether its corporate governance policy is efficient enough to meet the shareholder values even though the management also focuses on impacts of the policy on the firm’s operational efficiency. Nowadays corporate governance frameworks specifically target internal check policies as a series of corporate failures in 2001 were ascribed to accounting fraud. In addition, corporate scandals of various forms throughout the last decade attainted public and political interest. Consequently, managements adopted more regulative approach towards the development and execution of corporate governance practices. As Laura points out, Continental Europe’s multi-stakeholder model specifically emphasises on the interests of workers, customers, managers, and suppliers whereas the Anglo-American corporate governance model values shareholder interests. However, every organisation takes into account the rights and privileges of its shareholders while framing its corporate governance policies. In addition, a corporate governance framework clearly states the roles and responsibilities of the board of directors, integrity and ethical standards of the organisation, and concerns of disclosure and transparency. It is observed that corporate governance practices vary from organisation to organisation and country to country. Corporate governance laws Corporate governance laws in UK clearly define rights, powers, and duties of directors, managers, and auditors, and the position of stakeholders including employees and communities in which companies operate. Since board of directors are the persons at the helm of affairs of a company, the corporate governance policies intent to establish a mechanism to ensure their accountability. According to Fairley (2010), the UK corporate governance law is â€Å"shareholder friendly† and it allows shareholders to enjoy their sole voting rights in the general meeting. Likewise, directors possess a series of basic rights including issue of resolutions and removal of board members. At the same time, directors have also a set of duties to be carried out toward their company. Directors are obliged to carry out their duties and responsibilities with competence, in good faith, and strong loyalty to the organisation. If the voting mechanisms seem to be inadequate to meet the interests of shareholders, directors’ rights may be questioned in a court of law. The UK Takeover Code protects the interests and rights of shareholders to a great extent and assists