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I started a joke

Which started the whole world crying


But I didn't see
That the joke was on me, oh no
I started to cry
Which started the whole world laughing
Oh, if I'd only seen
That the joke was on me
I started a joke
Which started the whole world crying
But I didn't see
That the joke was on me, oh no
I started to cry
Which started the whole world laughing
Oh, if I'd only seen
That the joke was on me
I started a joke
Which started the whole world crying
But I didn't see
That the joke was on me, oh no
I started to cry
Which started the whole world laughing
Oh, if I'd only seen
That the joke was on me
I started a joke
Which started the whole world crying
But I didn't see
That the joke was on me, oh no
I started to cry
Which started the whole world laughing
Oh, if I'd only seen
That the joke was on me
I started a joke
Which started the whole world crying
But I didn't see
That the joke was on me, oh no
I started to cry
Which started the whole world laughing
Oh, if I'd only seen
That the joke was on me
I started a joke
Which started the whole world crying
But I didn't see
That the joke was on me, oh no

I started to cry
Which started the whole world laughing
Oh, if I'd only seen
That the joke was on me
individual unit level.

This list makes it clear that the perpetual inventory system is vastly superior to the periodic inventory
system. The only case where a periodic system might make sense is when the amount of inventory is
very small, and where you can visually review it without any particular need for more detailed
inventory records. The periodic system can also work well when the warehouse staff is poorly trained
in the uses of a perpetual inventory system, since they might inadvertently record inventory
transactions incorrectly in a perpetual system.
Single-Step Income Statement
A single-step income statement is one of two commonly used formats for the income statement or profit and
loss statement. The single-step format uses only one subtraction to arrive at net income.

An extremely condensed income statement in the single-step format would look like this:

The heading of the income statement conveys critical information. The name of the company appears first, followed
by the title "Income Statement." The third line tells the reader the time interval reported on the profit and loss
statement. Since income statements can be prepared for any period of time, you must inform the reader of
the precise period of time being covered. (For example, an income statement may cover any one My What is the
difference between the periodic and perpetual inventory systems?
What is the difference between the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory syst
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of
goods sold account as each sale is made. Conversely, under the periodic inventory system, the cost of
goods sold is calculated in a lump sum at the end of the reporting period, by adding total purchases to
the beginning inventory and subtracting ending inventory.

Cycle counting. It is impossible to use cycle counting under a periodic inventory system, since
there is no way to obtain accurate inventory counts in real time (which are used as a baseline for cycle
counts).

Purchases. Under the perpetual system, inventory purchases are recorded in either the raw

materials inventory account or merchandise account (depending on the nature of the purchase), while
there is also a unit-count entry into the individual record that is kept for each inventory item.
Conversely, under a periodic inventory system, all purchases are recorded into a purchases asset
account, and there are no individual inventory records to which any unit-count information could be
added.

Transaction investigations. It is nearly impossible to track through the accounting records


under a periodic inventory system to determine why an inventory-related error of any kind occurred,
since the information is aggregated at a very high level. Conversely, such investigations are much
easier in a perpetual inventory system, where all transactions are available in detail at the individual
unit level.
This list makes it clear that the perpetual inventory system is vastly superior to the periodic inventory
system. The only case where a periodic system might make sense is when the amount of inventory is
very small, and where you can visually review it without any particular need for more detailed
inventory records. The periodic system can also work well when the warehouse staff is poorly trained
in the uses of a perpetual inventory system, since they might inadvertently record inventory
transactions incorrectly in a perpetual system.
Single-Step Income Statement
A single-step income statement is one of two commonly used formats for the income statement or profit and
loss statement. The single-step format uses only one subtraction to arrive at net income.

An extremely condensed income statement in the single-step format would look like this:

The heading of the income statement conveys critical information. The name of the company appears first, followed
by the title "Income Statement." The third line tells the reader the time interval reported on the profit and loss
statement. Since income statements can be prepared for any period of time, you must inform the reader of
the precise period of time being covered. (For example, an income statement may cover any one profits

generated.
Recommendations

My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the

company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Fd gqert q4tq gqert notice a lack of employees manning the store. If you have a question about a
product good luck trying to hunt
someone down to assist you with your inqucdtrt;qwerkqwer233343240234liry. Often times you will feel
as if you are the only one in the store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.

I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months

after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money monetary savings but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has

plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.

I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months

after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would

also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality

management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.

Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the

company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the

employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.

TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is

due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to

achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the

unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore

and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings

Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by

being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee

retention and annual revenue reports.


I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their

success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of

these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations

My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the

company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the

employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.

TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is

due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to

achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the

unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore

and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings

Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by

being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee

retention and annual revenue reports.


I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money toWhat is the difference between the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.

The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?

The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:
Accounts. Under the perpetual system, there are continual updates to either the general

ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic


inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.
Computer systems. It is impossible to manually maintain the records for a perpetual inventory

system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.
Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory systWhat is the difference between
the periodic and perpetual inventory systems?
The periodic and perpetual inventory systems are different methods used to track the quantity of
goods on hand. The more sophisticated of the two is the perpetual system, but it requires much more
record keeping to maintain.
The periodic system relies upon an occasional physical count of the inventory to determine the ending
inventory balance and the cost of goods sold, while the perpetual system keeps continual track of
inventory balances. There are a number of other differences between the two systems, which are as
follows:

Accounts. Under the perpetual system, there are continual updates to either the general
ledger or inventory journal as inventory-related transactions occur. Conversely, under a periodic
inventory system, there is no cost of goods sold account entry at all in an accounting period until such
time as there is a physical count, which is then used to derive the cost of goods sold.

Computer systems. It is impossible to manually maintain the records for a perpetual inventory
system, since there may be thousands of transactions at the unit level in every accounting period.
Conversely, the simplicity of a periodic inventory system allows for the use of manual record keeping
for very small inventories.

Cost of goods sold. Under the perpetual system, there are continual updates to the cost of goods sold
account as each sale is made. Conversely, under the periodic inventory syst

achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore

to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.

Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has

plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.

I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months

after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would

also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality

management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.

Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the

company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the

employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.

TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is

due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to

achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the

unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore

and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings

Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by

being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee

retention and annual revenue reports.


I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their

success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of

these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations

My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the

company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the

employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.

TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the

prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is

due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to

achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the

unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore

and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings

Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee
retention and annual revenue reports.
I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by

being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of bnotice a
lack of employees manning the store. If you have a question about a product good luck trying to hunt
someone down to assist you with your inquiry. Often times you will feel as if you are the only one in the
store. This is
due to the fact that TheStore has trimmed the company employees down below an acceptable level for
conducting
normal business operations. The lack of employees has produced an initial increase in monetary savings
but the
prolonged effects of not having adequate employees will yield a large decrease in the revenues over an
extended period
of time, due to customer dissatisfaction with stores and services.
TheStore has no formal training or continuing education for hourly employees and or members of
management. This
has led to unexperienced
workforce that is not capable of handling all the aspects of business. This shows that all the
employees and stakeholders of the corporation are viewed at as being expendable by the corporation. If
the company is
not willing to provide customers and employees with the tools necessary to maintain a positive
relationship the
company will fail. TheStore has been on the decline for years with decreased customer satisfaction and
profits
generated.
Recommendations
My recommendation for TheStore is to start using a quality management initiative. Some forms of a
quality
management initiative that I would recommend are Lean Principles or Total Quality management. I feel
that either of
these quality management systems can be adapted and modified to correct the business needs of TheStore.
I would
also recommend that they use either a balanced scorecard or lead/lag indicators in which they can
measure their
success. The success or failure of instituting these new quality initiatives would be very apparent in the
coming months
after implementation. The results would be able to be seen through the look and feel of stores, increased
employee

retention and annual revenue reports.


I was able to come upon my recommendations through my extensive knowledge of the inner workings of
TheStore by
being a former employee and the knowledge this class has provided me with. I see that TheStore has had
and still has
plenty of opportunities to become a leader in the retail business. With large financial backings of XYZ
Holdings
Corporation and a quality management system, TheStore would be able to reclaim its hold on the retail
market.
Both Lean Principles and Total Quality Management systems will address the issues that have been
plaguing TheStore
and causing losses in the form of customers, employees and profits. Both management systems would
allow TheStore
to focus on its key areas of business. It would allow for them to maximize their profits by spending
money. One of the
unfortunate sides of business is that you must be willing to spend money to make money, TheStore has
forgotten this.
The quality management systems will provide the company with a direction in which to properly spend
money to
achieve a maximum return on profit. The quality management systems will allow the voices of
bq4tqtw.trrfssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss
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sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss
Read the selection in your text book pertaining to the Case: Statistics in Action: Diary of a Kleenex User;
load the data set for the case, TISSUES, into Minitab; answer the question about the case in the
Discussion area; and likewise

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