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Extra info for ACCA P3 Business Analysis: Practice and Revision Kit
They produced a comprehensive range of women's clothing built round the theme of traditional English style and elegance. The Group had the necessary skills to design, manufacture and retail its product range. The Marlow brand was quickly established and the company built up a loyal network of suppliers, workers in the company factory and franchised retailers spread around the world. Marlow Fashion Group's products were able to command premium prices in the world of fashion. Rodney and Betty Marlow ensured that their commitment to traditional values created a strong family atmosphere in its network of partners and were reluctant to change this.
An increasing proportion of ML's business is now transacted in US dollars, as Arcadian currencies tend to be unstable. fre ML prides itself on customer service and receives lots of repeat business. ML grew significantly for a number of years as a result of 'word of mouth' recommendations but has not experienced growth for the last two years, although turnover and profit have remained stable. ML uses only very basic Information Systems (IS), and reports its performance using a simple comparison between budget and actual, which is produced using a spreadsheet package.
Customers appear to be unwilling to wait in to take receipt of a delivery much beyond the allocated time slot. This generates a lot of extra work for us, as the depot staff have to unload the undelivered food and make alternative arrangements for delivery'. co m ial Required ter Intrigued by the Head of Customer Service’s suggestion, Russell Beaumont has contacted a firm of business advisors to prepare a report on the role of Big Data and its potential use at FF. Acting as a consultant write a report to Russell Beaumont which outlines the following: (4 marks) Briefly discuss what is meant by the term 'Big Data'.
ACCA P3 Business Analysis: Practice and Revision Kit by BPP Learning Media