BBR602 - Retail Project Property Management and Case Studies in Retail

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ASSIGNMENT

DRIVE	SPRING 2015
PROGRAM	Bachelor of Business Administration- BBA
SEMESTER	6
SUBJECT CODE & NAME	BBR602-Retail Project Property Management and Case Studies in Retail
BK ID	B 1941
CREDIT & MARKS	4 Credits, 60 marks

Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.

Q. 1. What are the key points to be remembered for good record keeping?

Answer:As the owner or manager of a small business, you investtremendous time and energy to ensure your company's success. Youwant the greatest possible return on your investment, and good financial records can help.

Your Key to Success Is Information

                                                                                                                  

Think back to the steps you went through

Q. 2. What are the essentials while buying a property?

Answer: What you need for your new property really depends on the kind of place you have bought. New and unfurnished apartments, newly built houses, and second-hand homes will each have their specific needs in terms of furnishing. If you've bought a second-hand house or apartment, the most important thing to consider is what the previous owners have left behind.  It's quite common for white goods, such as a washing machine, refrigerator and freezer, and even a dishwasher, to have been included with the sale and, if these have been left in the home, it will save you a tidy sum of money.

Q. 3. What do you understand by catchment survey? Explain in detail

Answer:In human geography, a catchment area is the area and population from which a city or individual service attracts visitors or customers. For example, a school catchment area is the geographic area from which students are eligible to attend a local school. Another application of the concept is that airports can be built and maintained in locations where they would be best utilized by the surrounding population with minimal

Q. 4. Explain property life cycle in detail.

Answer: A property cycle can be seen as a logical sequence of recurrent events reflected in demographic, economic and emotional factors that affect supply and demand for property subsequently influencing the property market.  The first recorded pioneer of studying property cycles was Homer Hoyt (1895–1984) in 100 Years of Real Estate Values in Chicago (1933, reissued by Beard Books, 2000, ISBN 1-58798-016-9). It is widely recognised that property (along with other forms of investment) follows a predictable

Q. 5. Discuss various approaches to manage retail property.

Answer:Know Your Owner: Every owner’s mindset is different, and so are the goals and objectives for their assets. Do you know their hold/sell timeline horizon? Their ability or willingness to invest in property and tenant improvements?Their capital structure? If not, find out.

Do The Swot:When becoming involved in a

Q. 6. Explain the following

a) Non-Compete Clause:A non-compete clause (often NCC), or covenant not to compete (CNC), is a term used in contract law under which one party (usually an employee) agrees not to enter into or start a similar profession or trade in competition against another party (usually the employer). As a contract provision, a CNC is bound by traditional contract requirements including the consideration doctrine. The use of such clauses is premised on the possibility that upon their termination or resignation, an employee might begin working for a competitor or starting a business, and gain competitive advantage by exploiting confidential information about their former employer's operations or trade s

b)Income Method of Property Valuation: The Income Approach is one of three major groups of methodologies, called valuation approaches, used by appraisers. It is particularly common in commercial real estate appraisal and in business appraisal. The fundamental math is similar to the methods used for financial valuation, securities analysis, or bond pricing. However, there are some

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