Saturday, August 31, 2019
A Case Study on: Toyota Revs Up U.S. Sales Essay
Since 1903, Chevrolet or Ford has been the best-selling car brand in the United States until 2002. Between two competitors, Ford is the first position in the market that year Toyota motor corporation of Japan sold cars nearest to the two competitors and Toyota will pass Ford in the very near future as because for the effectiveness of its long-term planning, modest goal and Toyota developed Strategy that modest growth in Japan, Europe and North America that was biggest opportunities in Southeast Asia but unfortunately economics level of Southeast Asia has slowed. The Japanese market is becoming more competitive for Toyota and the firm is losing sales to Honda & Nissan. For recovering this situation, Toyotaââ¬â¢s manger intend to exploit opportunity fully and Toyota sales more vehicles in the states than in Japan. Than the firm uses corporate level strategy to focus on U. S market this strategy leads the firm into top place in the America market. ââ¬Å"WE Must Americanize. â⬠ââ¬â Fujio Cho Toyota Motor Corporation Q. 1. List the threats and opportunities that Toyota is facing in its environment. Then list the strength and weakness of Toyota? See more: Satirical elements in the adventure of Huckleberry Finn essay Answer: Basis on the Toyotaââ¬â¢s business environment, Toyota facing some several threats and opportunities. These are point out in the below: Threats: 1. The economies level of Southeast Asian countries has slowed. 2. The Japanese market is getting more competitive for Toyota. 3. Toyota is losing sales to Honda and Nissan. 4. Initially Ford and Chevrolet has been best-selling car brand in the U. S market. Opportunities: 1. Exploiting of Toyotaââ¬â¢s intend in the U. S. market 2. Approaching to local managers in order to Americanize. 3. Import taxes and current risk are reduced by manufacturing 2/3 of the cars U. S. and keeping revenues and expenses in U. S. dollars. 4. Utilizing American designers to compete effectively in the U. S. market Strengths: 1. The effectiveness of Toyotaââ¬â¢s in long-term planning. 2. Toyota has innovative new product development. 3. The American competitors have been slow to respond to Toyotaââ¬â¢s threat. 4. As a company, Toyota is beginning to set better long-term goals. 5. Toyota has accomplished ambitious goals. 6. Toyota do not like new direction and prefer that the firm stick ââ¬Å"Toyota Wayâ⬠Weaknesses: 1. Initially, Toyota had a very conservative approach to goals. 2. Failure to recognize market opportunity to develop a full-size pickup truck. 3. Slowing economies level in Southeast Asian countries.. 4. Traditionalists inside Toyota do not like where the company is headed and want to stick to old ways. 5. Lack of understanding of American preferences at the highest levels of the company. Q. 2. Consider Toyotaââ¬â¢s U. S auto business. What business level strategy is the firm using? What factors did you rely on in reaching your decision? Answer: Toyotaââ¬â¢s CEO realize that they must Americanize for this purpose the firm is using more American designers for care to be sold in the U. S market. This allows the firm to complete effectively with U. S auto market and to stay in touch with demands of American consumers. To achieve U. S market, the firm is using Geographical corporate level strategy. I relied on in reaching my decision, several distinct factors. These are given below: 1. Toyotaââ¬â¢s business environment 2. Intend to exploit opportunity of Toyotaââ¬â¢s manager 3. Toyotaââ¬â¢s corporate level strategy Q. 3. In your opinion, is Toyotaââ¬â¢s corporate level strategy (to focus on the U. S Market) likely to be effective over the next ten years? Why or why not? Answer: yes, I think Toyotaââ¬â¢s corporate level strategy is definitely to be effective over the next ten years as because it is a company which is known for the effectiveness of its long term planning. Its corporate level strategy gets tremendous success in U. S Market. They are using American designers which will help to compete in the future due to get knowledge of updated consumer demand. It also using overall cost leadership strategy in American market. By considering the above case I think Toyotaââ¬â¢s corporate level strategy would be effective over the next ten years.
Friday, August 30, 2019
City of Granston Study Case Essay
1 What evidence exists in this case of potential supplier collusion? The evidence that exists in the case of potential supplier collusion is that each chose to bit only on certain types of aggregates, which is very suspicious and raises further concern. 2 How does a purchaser know he or she is getting a fair price in a bid situation? Awareness of the many cost components that lead to a target cost and market price is an essential requirement for the procurer who wishes to assess whether the person is getting good value 3 Why would suppliers voluntarily lower prices on a fixed price contract? This again shows signs of collusion, but in this case we can also read that since there were a slump in the local construction industry, they lowered their prices to keep business and renew contract with their current buyer. 4 Is it reasonable to adjust price based on a general inflation index? I think is reasonable to create a contract where the supplier adjusts their price based on a general inflation index. I think if helps the supplier to generate revenue, generate work and keep a fair price for the buyer where the inflation rate keeps rising. 5 How should the performance of a public buying office be measured? Cost saving generated Increased quality Purchasing improvements Price effectiveness
Thursday, August 29, 2019
History of Human Cloning in China Essay
Human Cloning has been one of the most intriguing topics in modern day Science. It has fascinated scientist and researchers alike. Cloning is a process of asexually reproducing identical individuals with similar genetic make-up. It also refers to a process in biotechnology that generates multiple copies of a DNA fragment. The term clone comes from the Greek word, which means twig or a branch. It was derived from a process in horticulture where in a plant is cutting a branch and replanting it. Many countries around the world focus their research in cloning particularly, on humans. China is one these countries to fund a research program for cloning. In the 21st century, China has proven itself as one of the powerful nations in the world. It was thought as a ââ¬Å"sleeping giant of the eastâ⬠but after the recent Beijing Olympics, China was considered the ââ¬Å"rising dragon of the eastâ⬠. During the 1980s, Zhangjiang HiTech Park of Pudong District in Shanghai provided the Chinese National Human Genome Center. This marked the start of the Genomic Era in China. In the late 1980s, the scientists of Fudan University were funded by the Chinese High Technology Research and Development Program The program was also called the 863 program. The aim of the project was to construct a map of the human genome. The scientist constructed a DNA library for mapping genetic related diseases. This project was later developed into another project also funded by the 863 program. Fujian University, Ruijin Hospital and the Cancer Institute of Shanghai were assigned to produce a new genomic technology by means of molecular genetics. The research aims to look for cures for genetic diseases including cancer. They were also trying to utilize medical genetics in their research. The institute of Basic Medicine, Chinese Academy of Medical Science was independently doing another research on another genome project. They were developing a rare cutter restriction enzyme to help in the analysis of massive DNA fragments of human genome. These efforts and processes were the spark of the genome research in China. The early 1990s was the beginning of the Human Genome Project (HGP) for the U. S. A. , but China responded by participating in the International Rice Genome Project led by Japan. China, the largest developing country in the world was concern of food security, because they consider rice as their staple food source. Mapping the genome of rice is easier than of humans. It is only 400Mb. It is a nice model for monocotyledon plants, which may be useful for other grain crops. On the other hand, some of Chinaââ¬â¢s scientist still conducts researches on the Human Genome Project independently. A prominent character during that time was WU Min, who at that time was the director of the Department of Life Science, National Natural Department of Life Science in China (NSCFC), suggesting the NSFC committee to lead some major projects for the Human Genome Project. Thus, the project pushed through and it was the considered the first major human genome project in China. It was funded to study the gene variation of 56 Chinese individuals. Meanwhile, the Chinese scientists who were studying medical genetics accepted the concept of genomic. They made outstanding breakthroughs in their research particularly on cancer genes. They successfully cloned and identified genes that are related to leukemia and solid tumors and other genetic diseases such as deafness. These researches contributed a great deal for the scientific community. An academician named Tan Jia-Zhen to speed up the human genome project in China in July 1997. The petition attracted the attention of JIANG Ze-Min, President of the Peopleââ¬â¢s Republic of China. The president officially inaugurated the Chinese National Human Genome Center in Shanghai. It was the first national research center located in Zhangjiang Hi-Tech Park of Pudong District. Another research center was established in the city of Beijing. The National Genome Center of Beijing was created with the support of the Beijing Municipal Government and the Ministry of Science and Technology. The rice genome project was not abandoned during the climax of the human genome project. The ââ¬Å"Huadaâ⬠Genome center was found by the Institute of Genetics. It aims to look for the connection between the rice genome project and the human genome project. The basic gene sequencing was compared. The Human Genome Project is the backbone of human cloning. However, the United Nations banned human cloning due to ethical issues and the undiscovered dangers it may post to our race. Cloning the entire human being is prohibited but there researches that aims to clone only several organs in the body. This is beneficial for organ transplants because it provides a near perfect compatibility to the patient. The Human Genome Project is also interested in the study of stem cells. These are cells which are responsible for the development of the body during conception. The scientists are interested in looking for specific genes that are responsible for hereditary diseases. If they can actually pin point those genes, they may be able to create a disease free human. It is still debatable, if cloning is ethical. Religious groups still protest because it is an intervention to nature. Human cloning is plausible but it may not be possible in this lifetime. There are more issues that have to be resolve for it to become a reality.
Wednesday, August 28, 2019
Family Cultural Values Essay Example | Topics and Well Written Essays - 1750 words
Family Cultural Values - Essay Example Filipino Americans have created a language that includes elements of English as well as Tagalog known as ââ¬ËTag-lishââ¬â¢- and this is commonly used, particularly in the younger generation of Filipino-Americans. Filipino society places great emphasis on the practice of ââ¬Ëkapwaââ¬â¢ or shared identity. This society emphasizes on the importance of developing strong relationships between all members of society. In traditional Filipino society, there were domains of interactions that marked all social as well as communal activities (Espiritu, 2007). The external domain was marked by civility, known as pakikitungo, pakikilahok- or participation in societal activities, pakikitungo ââ¬â or mixing with others, and pakikisama, which literarily meant adjusting oneââ¬â¢s perceptions in order to fit better in oneââ¬â¢s society. All these stages were essential before one could be held in full trust- or pakiisa- by the society (Espiritu, 2007). The enduring values extolled by Filipino society could be said to be the result of years of having to share more than 7000 islands even though just 1000 are inhabitable. Religion also plays a central role in Filipino society. There are traditional animistic religions that are still practiced in some sections of the Philippines. Moreover, most Filipinos are Catholics. There are small minorities in Mindanao and Sulu that are Muslims, though (Espiritu, 2007). The central place of faith even among Filipino Americans is such that even matters of health are given interpretations based on issues of faith. The importance of prayer and faith as important aspects in securing healing from disease is a reality in Filipino-American society.... This essay stresses that In America, most Filipino Americans tend to combine aspects such as maintaining balance, exercising the body, and sustaining harmony to ensure that they remain disease free or fight off opportunistic infections. There is also an emphasis on maintaining social relationships with various important people in oneââ¬â¢s life in order to keep the psychological man happy as well. The stress on the significance of maintaining balance within the bodyââ¬â¢s humors can be utilized as a cultural strength to improve the management of chronic illness as the patient can be educated on other aspects, discovered by modern medicine that could result in the body being unable to heal itself. This paper makes a conclusion that Filipino Americans also still observe traditional rules about the consumption of certain foods. Medical practitioners can use cultural norms on the best foods to consume when ill to stimulate their patients to play an active role in the process of their own treatment. In the case of terminally ill patients, it would be necessary to make use of the family members as nurses for the ill person. In most Asian American cultures, including the Filipino-American culture, decisions on how a sick member of the family is treated are made by the heads of families after a moment of consultation. Most families are more likely to feel comfortable with their terminally ill patient being looked after in their own homes.
Tuesday, August 27, 2019
Redgate Essay Example | Topics and Well Written Essays - 2000 words
Redgate - Essay Example While one cannot rule the application of authoritarian style of leadership, there is evidence suggesting democracy as main approach in the company. Thus, the issues to be discussed include the rapid increase of the workforce and the companyââ¬â¢s lack of debt despite being such a big firm. In this paper, the focus will be on this company where certain areas will be scrutinised. First, every company utilises certain leadership styles on its day-to-day operations, and in this case, the paper will analyse how Redgate applies this theory. In addition, the organisational structure and design for the company will be analysed as well. The objective of this report is to investigate if the companyââ¬â¢s success is primarily a result of the leadership style and the use of the organisation structure and design. Often, there arise debates as to whether these two theories contribute significantly to the success of businesses. By conducting this research with Redgate being the case study, this paper will give a comprehensive and empirical report on the facts about the theories. Upon providing these facts, which will be both accurate and unbiased, the research will offer businesspersons the much-needed opportunity to apply or disregard the theories accordingly. Besides, this report will achieve another important objective: providing upcoming businesspersons with crucial information on the effectiveness or lack of the same of the said theories. Redgate Company was little known especially after its inception in 1999, but that is no longer the case today. Then, the company started it like any other, and there were no indications that after twelve years the companyââ¬â¢s success would be evident to everyone. The number of employees was as little as 20, but the figure later rose to 80. Today, Redgate offers employment close to 300 employees. The first issue that was noticed at the company was the
Family Business Essay Example | Topics and Well Written Essays - 1750 words
Family Business - Essay Example History has it that many of the current successful company. Many of these companies were started by a family but later were sold to the public. In a family business the level of outside employees is limited and the family members are involved in the running of the business. Even in place where the external members are involved, the top positions of running the business are allocated to the family members. Some of the most successful family business includes Cargill, Ford Motor Company, Koch Industries, Mills Fleet Farm, Tetra Park, and others. 3It has been shown that a business that is started and run by the family always succeed due to some basic elements that are attached to such business. There have been several researches that have been carried out on family businesses. This research will try to look at some of the findings of these researches in order to understand the dynamics of family businesses and why they are likely to succeed compared to other business. 4Management of a family business present one of the most complex business organization compared to others. This is because the business is driven by linkages in the family members which are often emotion. It presents a problem in managing the emotional family ownership and rational needs of the business. This creates a fertile ground that nurtures conflict at many levels in the running of the business. 5This is mostly presented in times of generational shifts where there are uncertainties on the interest an leadership competence of the inheriting generation family members makes the running and management of the business more vulnerable. Though most of these businesses succeed, they are usually faced with problems like any other business in the course of their operation. It has been shown that a family business may come with some of the worst business crisis especially in issues relating to succession. Planning a succession in a family business has been shown as a unique problem that most of these businesses face in the course of their operation. 6The interests of diverse family members always conflict one another not only on the issues of succession but also on other issues like hiring of another members. For example it has been shown that there is allows a conflicts when family members have to decide the ones who will be hired for running managerial jobs and sometime favours in the family may make the family to hire a member who is less competent than others which leads to underperforming of the business. Sometime conflicts in family business have been shown even to end up in courts. But unlike in other business wh ere the magnitude of the conflict may lead to underperformance of the businesses, the conflict in a family businesses has been shown to be successfully controlled from inside before it bursts to the lime light of the law courts. There are usually means to try and resolve the conflict in a family set up before it is taken to the courts. One of the great problems that are encountered in running of family business conflict has been the difficult that is encountered especially by parents in resolving the conflicts with their sons. The parents are sometimes torn between the love of their children and the interest of the families. One example is given of Stew Leonard's
Monday, August 26, 2019
Concreate Assignment Example | Topics and Well Written Essays - 1500 words
Concreate - Assignment Example The study also takes into consideration, the different types of Portland cement from type I to V. In the concrete mix preparation, the strength and consistency of the concrete will be measured. This will enable the engineers to do necessary adjustments to regularize the range of strengths and elasticity. From the observations made in the general properties of the concrete mix, it is necessary to take note of the troweling feasibility of using the concrete. In order to ascertain determine whether the troweling is workable or not, the property test will require working with a trowel on the concrete. The quality of the concrete is measured by how smooth it was to work on it. If it requires so much strength to work on then the trowel workability is troubled, and will be assigned either fair or poor rating. The concrete is produced in different layers, each layer containing unique composition of materials. The third layer is overfilled for the sake of consolidation. The final stage is to finishing the upper layer using the tamping rod as well as the trowel to smoothen it. This is then followed by covering the upper layer to ensure there is no evaporation. Temperature and moisture require careful treatment and observation since they directly affect the strength of the concrete. Before com pressing and testing the concrete, one has to take the measurement of the radius and the diameter of concrete using calipers. The cylindrical concrete is measured in the middle at 4 points on its circumference. Just prior to the testing and compression, the engineers cap each end of the concrete to allow uniform spread of weight when a load is applied to it. Concretes are made into different shapes and compression failure modes to strengthen them. The shapes include full shear, splitting (columnar), shear cone, cone splitting and local shear wedge. The variables to
Sunday, August 25, 2019
Modern pricing models Essay Example | Topics and Well Written Essays - 250 words - 1
Modern pricing models - Essay Example Some of the shortcomings experienced with the Black-Scholes model were strike-price bias and return skewness. Consequently, the development of the Heston model came in as the best alternative tool for the purposes of advanced investments (Gilli, Maringer & Schumann 2011, p.257). As any other stochastic volatility model, the Heston model utilizes statistical methods when making calculations or forecasts of the various pricing options in consideration. As such, it also bases on the assumption that the underlying security or trading option has an arbitrary volatility. Therefore, the Heston model falls among the various different models of stochastic volatility such as the GARCH model, the Chen model, as well as the SABR model. Consequently, the Heston Model also falls under the standard smile model category, with ââ¬Å"smileâ⬠in this concept referring to the volatility smile. A volatility smile is a graphical representation of various options that have identical expiration date expressing an increasing volatility. This increase in volatility arises often arises when the options become more out of the money or in the money. The concave shape generated by the graph is what gives rise to the name, the smiles model, as it appears like a smile (Wang 2007, p. 3). The Heston Model applies mathematical calculations in describing the process of evolution in volatility that an underlying asset undergoes under the stochastic volatility options. As such, just as other statistical models mentioned above, the Heston Model equally has a number of assumptions, such as the volatility of an asset not being constant, or deterministic, but rather following a random process. Some the of the basic assumptions of the Heston Model is that the stochastic process determines the asset price, St In addition, forms part of the Wiener Process as experienced under the GBM (Geometric Brownian Motion) also considered
Saturday, August 24, 2019
Sustainable Development in Malaysia Essay Example | Topics and Well Written Essays - 750 words
Sustainable Development in Malaysia - Essay Example In 1987, the Montreal Protocol enforces countries to avoid the usage of CFC (chlorofluorocarbon) and different substances that lead to the ozone depletion. It is foreseen that CFC (chlorofluorocarbon) usage is reduced substantially then the ozone layer would probably be repaired itself by 2050. According to the Agenda 21, it is concluded that the ozone layer is essential for life. In the absence of ozone, no life would be possible on earth. In order to maintain and achieve increased sustainable development, it is essential to keep ozone layer protected. Sustainable development is referred as the way of determining and sustaining human needs. It also includes the preservation of environment for present life and future generations. Similarly, it is considered that the efficient use of available resources ensures their availability in the future. Sustainable development can be defined as the processes that ensures fulfillment of the present necessities without putting in danger the capacity of future generations to fulfill their own needs. In case of the targets being achieved, many problems will arise that can result in the reduction of capacity of generating anything new. The basic issues that the sustainable development projects are going through is that some times companies have to take actions and make decisions that seem to be non-profitable in the short term, but they ensure long-term sustainability. Similarly, the society should act in a responsible manner and make its efforts to preserve the environment by supporting plantati on that would probably help to reduce ozone destruction. Pusat Tenaga Malaysia was established on 12 May 1998, known to be Malaysiaââ¬â¢s Green Technology Corporation (GreenTech Malaysia). It is a registered as an independent and non-profitable organization that is responsible for green energy in Malaysia that is under the Ministry of
Friday, August 23, 2019
Business Article from NY times, Economist, Bloomberg
Business from NY times, Economist, Bloomberg - Article Example The poor performance of the stock market has reduced the returns of investors on their savings and the declining interest rates mean that a large pension pot would be required to generate a certain retirement income. The cost of providing pensions to employees has increased thus the shift to defined contribution plans. According to the article, most employees have a problem with deferred gratifications and only few have the self-control to delay their pensions. Employees have to wait for long period up to 40 years for the pension to pay-off, but the pension pot may not be worth their contributions (Buttonwood 73). According to the author, British Institute and Faculty of Actuaries has examined whether there are possibilities of offering guaranteed pensions in the Defined Contributions market. The article offers a simple method of offering (virtually) guaranteed pension if investors buy the index-linked government bonds since savings are protected against any inflation and government cannot default (Buttonwood 73). However, the returns are low, and thus why most government pension and corporate funds have invested heavily in equities hoping excess returns in equity market will make them make lower contributions. Accordingly, one can hedge against the equity risk by buying derivatives such as a put option that guarantees the derivative holder the option of selling the shares at a set price but over the long term put options will be more expensive that short-term contracts (Buttonwood 73). Other approached of offering the guaranteed pensions in DC market include using complex hedging strategies that rebalance the portfolio to eliminate any substantial losses. This involves using the high returns of equities in a low-risk manner thus reducing the costs of purchasing a guarantee (Buttonwood 73). However, the actuaries have failed in calculating the costs of guarantee, and protection against inflation. From this perspective, pensions are long term
Thursday, August 22, 2019
Midterm Exam Essay Example for Free
Midterm Exam Essay 1. (TCO 1) Suppose your company sold $25,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation? (Points : 12) 2. (TCO 2) Suppose your company sold $50,000 in merchandise to a customer for cash. How does this transaction impact the accounting equation? (Points : 12) 3. (TCO 3) Rationalization is one of the components of the fraud triangle. What types of rationalization could a person use to justify misconduct? How can a company protect itself from rationalization as a part of fraud? (Points : 12) 4. (TCO 4) What is horizontal analysis of financial statements? How does horizontal analysis differ from vertical analysis? (Points : 12) 5. (TCO 3) Separation of duties is a key feature in an internal control system. Why is separation of duties such an important internal control? Give an example of separation of duties as an internal control. (Points : 24) 6. (TCO 1) Describe the balance sheet. Why is this statement important to the company, creditors, and investors? (Points : 24) 7. (TCO 4) Name and describe one liquidity ratio. What does this ratio measure? What is the formula for this ratio? (Points : 24) ACCT 301 Midterm Exam 2 1. (TCO 1) The retained earnings statement shows all of the following except which one? 2. (TCO 1) Managementââ¬â¢s views on the companyââ¬â¢s short-term debt paying ability, expansion financing, and results of operations are found in which of the following? 3. (TCO 4) For 2010, Fielder Corporation reported net income of $30,000; net sales $400,000; and average share outstanding 6,000. There were no preferred stock dividends. What was the 2010 earnings per share? 4. (TCO 4) A useful measure of solvency is which of the following? 5. (TCO 2) Which pair of accounts follows the rules of debit and credit, in relation to increases and decreases, in the same manner? 6. (TCO 2) The principle purpose of posting is which of the following? 7. (TCO 3) Joe is a warehouse custodian, and also maintains the accounting record of the inventory held at the warehouse. An assessment of this situationà indicates 8. (TCO 3) The following information was taken from Hurlbert Company cash budget for the month of June: 9. (TCO 11) Managerial accounting information does which of the following? 10. (TCO 11) Which one of the following is not a direct material? 11. (TCO 11) Sales commissions are classified as which of the following? 12. (TCO 11) Manufacturing costs include which of the following? 13. (TCO 11) Neeley Manufacturing Company reported the following year-end information: 14. (TCO 5) What effect do changes in activity have on fixed costs per unit? 15. (TCO 5) Which one of the following is not an assumption of CVP analysis? ACCT 301 Midterm Exam 3 1. (TCO 5) A company has total fixed costs of $210,000 and a contribution margin ratio of 30%. How much sales are necessary to break even? 2. (TCO 5) How much sales are required to earn a target income of $70,000, if total fixed costs are $100,000 and the contribution margin ratio is 40%? 3. (TCO 6) For which one of the following budgeting aspects does the budget committee generally have the responsibility? 4. (TCO 6) Under what situation might a budget be most effective? 5. (TCO 6) How does long-range planning compare to a master budget? 6. (TCO 6) Which one of the following is a source of information used to prepare the budgeted income statement? 7. (TCO 7) When is a static budget most appropriate in evaluating a managerââ¬â¢s performance? 8. (TCO 7) Which type of center is the housekeeping department of a manufacturing company? 9. (TCO 7) For which of the following is an investment center manager responsible? 10. (TCO 7) Merck Pharmaceuticals is evaluating its Vioxx division, an investment center. The division has a $45,000 controllable margin and $300,000 of sales. How much will Merckââ¬â¢s average operating assets be when its return on investment is 10%? 11. (TCO 11) Financial and managerial accounting are both concerned with the economic events of an enterprise. Similarities between financial and managerial accounting do exist, but they have a different focus. Briefly distinguish between financial and managerial accounting as they relate to (1) the primary users, (2) the type and frequency of reports, (3) the purpose of reports, and (4) the content of reports. 12. (TCO 4) Are short-term creditors, long-term creditors, and stockholders primarily interested in the same characteristics of a company? Explain. 13. (TCO 5) In the month ofà September, Nixon Company sold 800 units of product. The average sales price was $30. During the month, fixed costs were $7,200 and variable costs wer e 60% of sales.
Wednesday, August 21, 2019
Effects of globalization on the politics of China Essay Example for Free
Effects of globalization on the politics of China Essay ââ¬Å"Arguably globalization has served Chinas communist rulers well. â⬠(Yahuda Chinaââ¬â¢s Win-Win Globalization) On the political front too, Chinese rulers welcomed globalization rather used it as a tool for the fulfillment of their own purposes. It was suspected that globalization would throw the communist rule out of the country once globalization had set foot firmly in the cultural and economic roots. However, it proved far from it, in fact it promoted the communist rule since all the well balanced economic growth took place in their era and reinforced the existing rulers. The communist party has faced the challenges bravely and tackled them skillfully in order to prove themselves. ââ¬Å"It has accomplished three significant generational changes of leadership from the heroic founding fathers, to the technocratic Soviet-educated engineers of the generation of Jiang Zemin and Li Peng, and now to the next technocratic generation, headed by Hu Jintao. â⬠(Yahuda Chinaââ¬â¢s Win-Win Globalization) The political front of China has been altogether revolutionized and as its foreign policy. The altered foreign policy has strengthened its international relations and has improved its position which was highly essential for supporting and continuing itââ¬â¢s the success of its economic strategies. Environmental issue [Please Note that this is the ethical issue chosen from a range of women rights environmental etc specified in your order] International trade, economy and politics make it essential for all the countries and regions to abide by strict rules regarding environmental protection. This has lead countries to take effective steps to improve their countriesââ¬â¢ environmental conditions to meet the standards set by the international community. Involvement of various states has lead to ââ¬Å"the advent of global environmental challenges that can not be solved without international cooperation, such as climate change, cross-boundary water and air pollution, over-fishing of the ocean, and the spread of invasive species. Many factories are built in developing countries where they can pollute freely. â⬠(Globalization Wikipedia) Hence rules have been made and have to strongly implemented in countries which are possible suspects of spreading pollution. In case of China, globalization has played a vital role in developing the environmental culture. If seen closely initially globalization lead to rapid industrialization which was a major source of pollution. International community with time seemed to give more importance to the environmental issue than to the actual economic growth of a country. It argued that economic growth at the cost of spoiling the environment was not at all acceptable. ââ¬Å"Pollution is invariably one of the first impressions visitor forms of China. From bicycles to cars in 25 years, urban China rarely sees much in the way of blue sky anymore. Rapid and large-scale industrialization only compounds the problem. â⬠(Roach) However, China struggled hard to fight off this problem since international issues got stricter regarding the environmental issue. It is however, highly difficult for China to balance between its economy and the pollution problem it faces. Environmental problem has risen to an extent that China could serious problems if the international community places restrictions on it because of its environmental problem. It is a sorry state of affairs that globalization has lead China to develop into one of the most rapidly growing countries and at the same time it has harbored a much concerned problem for it like environmental pollution. On the cost of its economy it has damaged its own environment for good. However, China has planned a strategy of balancing its economy and the pollution problem in order to reduce the current pollution and minimize future pollution possibilities. Works Cited ââ¬Å"Globalizationâ⬠Wikipedia. 21 April 2008. http://en. wikipedia. org/wiki/Globalism#Effects_of_globalization Khan, Azizur Rehman and Riskin, Carl. Inequality and Poverty in China in the age of Globalization. 2001. Oxford. Roach, Stephen S. ââ¬Å"Chinaââ¬â¢s Environmental Moment of Truthâ⬠. April 4 2007. The Globalist. 21 April 2008. http://www. theglobalist. com/DBWeb/storyid. aspx? StoryId=6088 Rothkop, David. ââ¬Å"In Praise of Cultural Imperialism? Effects of Globalization on Cultureâ⬠June 22, 1997. Global policy Forum. 21 April 2008. http://www. globalpolicy. org/globaliz/cultural/globcult. htm Weller, Robert P. Discovering Nature: Globalization and Environmental Culture in China and Taiwan. 2006. Cambridge University Press. Yahuda, Michael. ââ¬Å"Chinas Win-Win Globalizationâ⬠. Yale global online. 21 April 2008. http://yaleglobal. yale. edu/display. article? id=1017page=2
Tuesday, August 20, 2019
Disability awareness in the workplace
Disability awareness in the workplace Disability Awareness in the Workplace Employers have been encouraged to hire individuals with disabilities for decades.à However, regardless of the push by government agencies, public education programs, and grassroots employment organizations, the United States Bureau of Labor Statistics (BLS) reports that the unemployment rate for disabled persons at the end of 2009 hovered at right around 14 percent; thats nearly twice the unemployment rate of workers without disabilities.à Interestingly, the rates are higher for men with disabilities than for women.à Disabled individuals are underemployed in most workplaces and this may be at least part of the reason that many non-disabled workers are often confused and embarrassed when interacting with them; they simply dont know how to look past the disability. If all you see is the disabilityyou might be missing a lot. People with disabilities are just people. Meredith Vieira, NBC News To combat the discomfort that non-disabled workers feel, many workplaces have initiated programs that ââ¬Å"teachâ⬠workers how to interact with their disabled coworkers a sort of sensitivity training.à These programs also help lessen the burden disabled workers may feel when entering a workplace staffed with individuals who may have previously had few interactions with disabled individuals.à Any employer can initiate such a program and should focus on two key areas: communication and interaction.à Its not difficult to understand how communicating and interacting with an individual who requires the assistance of a wheelchair to get around might be somewhat different from communicating and interacting with an individual who might be deaf or hard of hearing.à However, even though disabled individuals may ultimately have different needs, most basic communication and interaction facts remain the same regardless of the disability. Understanding How Outdated or Insulting Disability Terms May Be Inappropriate Many people have no idea that referring to a disabled person as handicapped might be insulting.à Handicapped is an outdated term that refers to an individual as the sum of his or her disability.à Disabled persons are so much more than that.à Referring to someone as disabled removes the disability as a definition of the individual and instead renders it a mere characteristic; no more than someone having blue eyes or red hair, or than someone being tall or short.à à Refrain from using outdated or insulting terms when interacting with or referring to disabled individuals.à Outdated terms include ââ¬Å"crippled,â⬠ââ¬Å"lame,â⬠and ââ¬Å"mute.â⬠Respect the Needs of Disabled Coworkers The equipment that some disabled persons need to work often perplexes non-disabled coworkers.à Although the disabled person may not think twice about this equipment, non-disabled individuals may feel that they have to address this equipment in some way or help their disabled coworkers maneuver throughout the workplace.à Neither of these situations is usually the case. Although non-disabled individuals may have been taught that, to be polite, they must ââ¬Å"helpâ⬠a disabled person, most disabled people are very adept at getting around and managing their equipment.à Never assume that someone in a wheelchair needs you to push him/her onto an elevator or that they need you to hold equipment as they get into their car.à Always ask if a disabled person needs assistance.à Never just assume that they do.à Disabled people value their independence as much as non-disabled people.à Robbing them of that independence in the name of being helpful or polite is not a help but an insult.à A disabled person who needs assistance will be happy you asked, and one that doesnt will value your respect. Another interaction issue to consider is how to maneuver around a disabled persons equipment.à Remember, their equipment whether it is a wheelchair, canes or crutches, or even a guide dog is like an extension of them.à Its no more appropriate for someone to grab or move equipment than it is for someone to grab the arm or hand of a coworker without being asked or without offering help.à It is no more appropriate to lean on someones wheelchair than it would be to lean on a stranger in an elevator.à Everyone has personal space, including disabled individuals.à Requests for Help Many people are too busy to consider a request for assistance from a disabled coworker as anything more than a nuisance.à But, those same people wouldnt think twice about helping a coworker that dropped an armload of file folders or one who fell on an icy sidewalk.à People with disabilities who need accommodations are not complaining and their requests for assistance should be responded to graciously; just as graciously as you would to someone who dropped something or someone who slipped on the ice.à Everyone needs a bit of help at one time or another; some people just need help a bit more often. It is so important to see past an individuals disability.à Disabled persons have as much to contribute in the workplace as non-disabled workers.à We often make adjustments when interacting with non-disabled people without even thinking about it; we interact differently with everyone.à Theres no need to feel uncomfortable or confused when dealing with a disabled coworker.à Its simply a matter of understanding what we have often been taught to ignore.
Principles for Cognizing the Sacred Essay -- Spiritual Religion Papers
Principles for Cognizing the Sacred Today we need a scientific analysis of basic world views which expresses genuine understanding of the sacred. Such world views hold the main principles for cognizing reality. A ââ¬Ësubstratumââ¬â¢ understanding of the Sacred is characteristic of mythology and magic, wherein all spiritual phenomena are closely connected with a material or corporeal bearer. Functional understanding of the Sacred is developed by the earliest civilizations in which the spiritual is separated from the material. For example, Plato, Aristotle, and Neoplatonism created European functional theology. Substantial understanding of the Sacred appears in Christianity. Here we find the synthesis of substratum and functional peculiarities which are looked upon as "creaturous," revealed by God to man and integrated in their fundamental unity as the basis for variety. It is only unity which avoids the mixing of the three images of an object-substratum, function, and substance-that allows us to cognize a true obj ect. In reproducing the Sacred as such, we can show the Sacred as the unity of the mysterious and the obvious, the static and the dynamic, and the passive and the active. In our eventful time with unstable international conflicts and politics characterized by an pervasive enthusiasm for occultism and lack of spiritual depth, we need a renewed interest in the scientific analysis of basic world view concepts that can express a genuine understanding of the Sacred. Such concepts express the main principles for cognizing reality. They help us to systematise the information about our surrounding world, and to determine not only how we conceive ourselves and the world, but also the specific logic of linking such statements with t... ...ry of the Peoples of the World. Moscow 1976, p.22. (12) J. Freser, Golden Branch. Moscow 1987, pp. 54-55. (13) A. Men, History of Religion, op.cit., pp. 54-55. (14) M. Veber, Science as Inclination and Profession. Vol 2. Moscow 1979, p.343. (15) K. Levi-Strauss, Structural Anthropology. Moscow 1983, p.147. (16) Aristotle, Works. Vol. 1. Moscow 1975, p.189. (17) G.V. Florovsky, Eastern Fathers of the Ivth Century. Moscow 1992, p.152. (18) Ibid., pp. 14-15. (19) Ibid., pp. 112, 84. (20) W.Pannenberg, Theology and Philosophy of Science. Philadelphia 1976, pp. 29-35, 45. (210 A. F. Losev, Of the Early Works. Moscow 1990, p.574. (22) F. Engels, Natural Dialectics. Vol 20. Moscow, pp. 382, 392, 566. (23) G. A. Yugai, General life Theory. Moscow 1985, p.54. (24) Y. Prigogine and I. Stengers, Time, Chaos, Quantum. Moscow 1994, pp. 6-7.
Monday, August 19, 2019
Essay --
Educational Diagnosis Predisposing factors. Pregnant women are usually motivated to seek and continue healthy habits. Although it has been seen that they usually decrease their alcohol consumption right after they become aware of their condition, young women between the their teenage and young adult years have more predisposition to have experienced binge drinking before pregnancy and this makes them more likely to engage in this habit even after they have recognized that they are pregnant.. (Tsai, Floyd, & Bertrand, 2007; Floyd , Decoufle , & Hungeford, 1999; Tough, Tofflemire, Clarke, & Newbum-Cook, 2006) Enabling factors. Health care workers face particular barriers similar to those observed during screening, this is having a truthful report, women with alcohol dependence might underreport their prenatal consumption of alcohol, due to several reasons, that can include fear of retaliation, different believes that small amounts are not harmful to the fetus, embarrassment or even denial of their condition.35 Many studies have shown positive results in the decrease of alcohol consumption after implementation of brief interventions and/ or motivational interviewing with pregnant women. (Handmaker & Wilbourne, 2001) Reinforsing factors. Oââ¬â¢ Connor and Whaleyââ¬â¢s study observed that women that receive brief interventions are five times more likely to report abstinence after a brief intervention and women who were heavy drinkers have better outcomes with their babies after delivery. (Oââ¬â¢Connor & Whaley, 2007) Although these interventions have demonstrated benefits in the new born, long-term abstinence requires extensive case management and pharmacological intervention, the use of brief interventions during pregnancy can translate in to ch... ...ging in support group activities such as physical activities, counseling, motivational speech. The educational information will be supported with appropriate educational materials, prenatal care supplies, and a health record card. All materials will be provided to each clinic/center. Health and nutrition education classes take place twice monthly. Organized and scheduled daily activities will help the participants to engage to participate in positive and nurturing environment. The participant will receive a diploma of completion in a celebratory ceremony at the end of the 12 weeks. The program includes CHWââ¬â¢s home visits to follow up on alcohol cessation and medication compliance, advocacy with community leaders, local authorities and media. Hypothesis: The proposed program will demonstrate to be effective in the cessation of alcohol consumption in pregnant women.
Sunday, August 18, 2019
Glen Canyon Dam :: Debate Lake Powell Papers
Glen Canyon Dam This extended essay will analyze the rhetoric of authors discussing the Glen Canyon Dam. These authors include: Jeff Rubin (The Place No One Knew), John McPhee (Encounters with the Archdruid), Russell Martin (A story that stands like a dam: Glen Canyon and the struggle for the soul of the West), and Jared Farmer (Glen Canyon dammed: inventing Lake Powell and the Canyon country). There are always two sides to an argument, one for one against. All seven authors write of the Glen Canyon Dam, and the controversy surrounding the draining of Lake Powell. All of the authors do not actually want the dam to be taken down. Each author talks about what was destroyed by filling Glen Canyon up. They all recognize that Glen Canyon can not be saved, but another dam can be prevented from happening again somewhere else. A pamphlet handed out at the visitorââ¬â¢s center of Glen Canyon Dam states: ââ¬Å"The mission of the Bureau of Reclamation is to manage, develop, and protect water and related resources in an environmentally and economically sound manner in the interest of the American publicâ⬠(Glen Canyon Dam) This statement ensures the reader that the dam was built ââ¬Å"for the peopleâ⬠doing this without stating any facts that prove the statement. This statement also does not state why the U.S. government built Glen Canyon dam. This pamphlet wants to educate people as to the uses of Glen Canyon. The dangers and the fun that can be had on the lake that was made by the Glen Canyon Dam. ââ¬Å"Some of the shoreline around Lake Powell is loose and can slip and fallâ⬠. (Glen canyon Dam) warning the public as to what to watch for. The pamphlet goes on to say; ââ¬Å"Dangerous sections of Lake Powellââ¬â¢s shoreline are too numerous to mark and can appear quickly after a change in the water level or after rainy weatherâ⬠. (Glen Canyon Dam) The author is saying that not every dangerous area can be marked. By writing this the author is ensuring safety against lawsuits. In Glen Canyon Dammed: Inventing Lake Powell and the Canyon Country, Jared Farmer agrees with the draining of Lake Powell. Farmer goes on to write, ââ¬Å"Consider the river that flows through Grand Canyon: itââ¬â¢s not the real thing. Itââ¬â¢s the programmed discharge from Glen Canyon Damâ⬠. (Farmer pg. XIII) In this statement Farmer is saying that he does agree with the dam coming down, although saying that people have their own opinions.
Saturday, August 17, 2019
Lincoln High School
For most students at Lincoln High School, today is no different than any other regular school day. For me however, itââ¬â¢s the day Iââ¬â¢ve been looking forward to for over a month. Today is the day when our hard work during numerous evening rehearsals pays off. Today is the day when the hundreds of hours put into making costumes, building the set, and intricate make up designs are displayed. Today is the day we open the show. One by one the students filter into the theater room. For the first evening performance, call is at 5:00, but by the time Iââ¬â¢ve arrived at 4:30 room 220 is already filled with students busily preparing for the show. Costumes begin to disappear from the costume closet and a thin layer of powder and cream makeup appears on the counter. I manage to squeeze my way through the mob of people standing around, chatting, applying makeup, or curling hair and find myself a wonderful seat in front of the mirror. As I sit down Iââ¬â¢m overcome with a thick, chocking cloud of hairspray. Over the next hour students slowly transform into their characters, no longer the same people who walked through the door earlier this evening. The director enters and shouts ââ¬Å"Twenty minutes until show!â⬠Myself, and everyone one else in the theater room echoes in response, ââ¬Å"Thank you twenty!â⬠You can almost feel the level of excitement rising. The chattering gets a little louder. Soon after the announcement, the cast gather around the tables and began to stretch. The chattering dies down, and I begin to reflect over what weââ¬â¢ve accomplished over the last month and a half. Five minutes until the show starts. Everyone circles up and join hands so the seniors can continue on the tradition of ââ¬Å"The Energy Circleâ⬠. ââ¬Å"Are you ready?â⬠Everyone replies in their stage whisper, ââ¬Å"Yeahhhhh!â⬠ââ¬Å"Then letââ¬â¢s get ready to rumble!â⬠The wave is started around the circle. It goes around once, twice, and than dies out. Itââ¬â¢s time to report to our places. As everybody waits, cramped in the wings of the stage, my mind begins to race with questions. What if I forget my line? What if I miss a cue? My thoughts are intercepted with the dimming of the lights. Black out. Everyone quickly, but quietly gets into their opening position and freezes. The lights come up, and the show begins. Time starts to fly by. We are performing the show better than at any rehearsal. Before I know it Iââ¬â¢m taking a bow. The crowd is cheering wildly. The lights go out and the cast exits off stage. Only moments later, the senior dip begins to fill with parents, grandparents, siblings, and friends. I am overjoyed to see some of my friends, and immediately I am bombarded with hugs and positive reviews. Soon, people begin to pull away from their family and friends because there are duties and chores that need to be taken care of before anyone can leave. Costumes are gathered, neatly hung up and the makeup grime is wiped off of the counter. The floor is moped, the tables are cleaned, and the chairs are pushed in, ready for students in class tomorrow. The room is spotless, and we are allowed to go home and rest to prepare for another show tomorrow night.
Friday, August 16, 2019
Cost Accounting Essay
Problem 1: Different management levels in Bates, Inc., require varying degrees of managerial accounting information. Because of the need to comply with the managersââ¬â¢ requests, four different variances for manufacturing overhead are computed each month. The information for the September overhead expenditures is as follows: Budgeted output units3,200units Budgeted fixed manufacturing overhead$20,000 Budgeted variable manufacturing overhead$5per direct labor hour Budgeted direct manufacturing labor hours2hours per unit Fixed manufacturing costs incurred$26,000 Direct manufacturing labor hours used7,200 Variable manufacturing costs incurred$35,600 Actual units manufactured3,400 Required: a.Compute a 4-variance analysis for the plant controller. b.Compute a 3-variance analysis for the plant manager. c.Compute a 2-variance analysis for the corporate controller. Problem 2: McKenna Company manufactured 1,000 units during April with a total overhead budget of $12,400. However, while manufacturing the 1,000 units the microcomputer that contained the monthââ¬â¢s cost information broke down. With the computer out of commission, the accountant has been unable to complete the variance analysis report. The information missing from the report is lettered in the following set of data: Variable overhead: Standard cost per unit: 0.4 labor hour at $4 per hour Actual costs: $2,100 for 376 hours Flexible budget: a Total flexible-budget variance: b Variable overhead spending variance: c Variable overhead efficiency variance: d Fixed overhead: Budgeted costs: e Actual costs: f Flexible-budget variance: $500 favorable Required: Compute the missing elements in the report represented by the lettered items.
Thursday, August 15, 2019
Importance Of Effective Communication With Patients In A Healthcare Setting
IntroductionThis paper will address the importance of communicating effectively in a healthcare setting. It is extremely important that physicians and all medical staff communicate with patients. Communication is how medical staff, physicians and patients find out vital information.The medical staff learns information about the patient and the reason for the visit. The physician learns more about the patient through conversation and addresses the reason for the visit. The patient learns information about the issues that are going on with him or her and how to go about solving the issues.This can be considered a type of ongoing chain reaction. Everyone should communicate effectively with one another because without proper communication, we do not gain any knowledge. Healthcare facilities can use improvement in the communications area.There are ways to implement effective communication skills. Communication is a key factor in the healthcare field. Clinical or medical staff and physicia ns should communicate more effectively with patients. Having poor communication skills can cause serious issues between health care staff and providers.ââ¬Å"Poor communication skills within a health care setting can result in misunderstanding and faulty decisions that could adversely affect a patientââ¬â¢s health and well-beingâ⬠(Ponte 2011). Poor Communication [Communication failure is a huge contributor in clinical outcomes.A major part of information flow comes from communication between health care workers. Communication errors were found to be the main cause of hospital deaths. Communication infrastructure influences communication behavior within organizations.Interruptive communication is one of the negative behaviors observed in poor communication (Parker & Coiera 2000). Poor communication can be turned into a positive behavior by adopting steps to communicate more effectively.Poor communications can affect a patientââ¬â¢s health and well-being. Poor communicati on can also lead to provider and patient frustration. Having strong communication skills is a must for new practitioners. Written words are a source of poor communication. Getting help from mentors about how to be a good communicator would be a great idea (Ponte 2011).Keeping a patient from becoming frustrated with a physician or a medical staff member can be handled properly if everyone communicates effectively with one another. When explaining things to a patient, it is best to make sure the patient fully understands everything.There are additional steps one can take to help a patient understand and that could be as simple as giving out a brochure or pamphlet about the issue(s) or even giving the patient printed out documents that the patient can read. Also, addressing any questions and concerns the patient may have can be a type of effective communication.Patient satisfaction can go a long way and if the patient is satisfied then the chances of that patient returning is high. ] C ommunication Importance [The article from http://www. apa. org tells why it is so important for patients to communicate with physicians.Sometimes patients hold back from asking questions. Also, some feel intimidated so therefore they donââ¬â¢t really talk with the physician. Sharing information is an important component of health care. Research indicates that effective communication is tied to positive medical outcomes (Weir 2012).Some patients may be a little shy to talk with the physician about health concerns. If proper communication skills are used then the physician may be able to communicate with the patient to get him or her to open up and talk about the health problems.Gaining the sense of trust can help make a patient feel more comfortable. In order to determine what may be going on with your body you need to be able to communicate with the physician. The article from the Journal of the American Medical Association tells how some patients experience issues with physician s not listening because they are often too busy.Effective communication with patients can take time, but it also requires that physicians take the time to listen closely to each patient. Some medical schools and residency programs donââ¬â¢t provide enough education about effective communication skills.However, medical education on student and residency levels requires major efforts to enhance communication skills while in school. Even though science and technology has advanced over the past few decades the best medical care consists of knowledge in science and communication skills (Levinson & Pizzo 2011).Not only is communication important, listening is important as well. One must first listen in order to communicate effectively with a patient about any issues or concerns. ââ¬Å"But the core skill of good communication is listeningâ⬠(Handzo 2012).Some physicians do make you feel like they are rushing you to leave the office and some act like they are in a hurry for somethi ng more important. No one wants to go to a doctor's office or a hospital to receive care and feel like they were just there for nothing. Making a patient feel important and respected should be a priority.Listening and Understanding [Communication is key, but sometimes easier said than done. Using words that patients understand is a big deal. You want to make sure to use words a patient can understand so that they actually do fully understand what you are saying.Listening is a core skill for good communication, but good listening is about having a good understanding. Patients want to be listened to and most of all respected (Handzo 2012). Patients are more likely to understand their health problems if they can understand their doctors.A physicianââ¬â¢s relationship with each patient is built on effective communication (Travaline, Ruchinskas, and Dââ¬â¢Alonzo 2005). Verbal and nonverbal communication are both necessary in health care. A physician who can effectively communicate bad news with a patient in a compassionate manner will be able to improve and strengthen their patient-physician relationship.It is important for a physician to be able to communicate both positive and negative news with a patient (Travaline, Ruchinskas, and Dââ¬â¢Alonzo 2005). Conclusion [In conclusion, communication is very important.Listening is also important because you must listen in order to communicate. In healthcare, communication plays a major role. Everyone, including medical staff, physicians and patients must communicate effectively with one another.Poor communication can create errors and misunderstanding. Having a good understanding about your health is important. If a patient does not fully understand something, there are ways to help them understand such giving the patient a pamphlet that covers more information about the issue(s) he or she is having. Effective communication can go a long way in the healthcare field.
Management and Case Study Essay
Competitive Strategy Assessment 2 Case Study Google Inc. INTRODUCTION This Business Report primarily addresses 4 questions asked on the Google Inc. case study. Information is primarily obtained from the case study and from publicly available news reports and articles Premium1265 Words6 Pages Case Study Analysis ABC INC. , Case Study Introduction Although the whole story behind this incident is not known, it is apparent that Carl Robins displayed poor scheduling, implementation, and did not pursue his job duties. These facts alone would also make it seem that Carl is neither qualified nor trained properly Premium890 Words4 Pagesà Amazon. Com Case Study 3 Amazon. com, Inc. Case Study Chirag P. Gandhi Introduction During 1994, a man, Jeffrey Bezos, who after completing graduation from Princeton University was hired by D. E. Shaw, a Wall Street firm. During his occupancy there he was astonished to learn an interesting statistic on the Internet. Premium2696 Words11 Pages Land Rover Case Study Land Rover North America Inc Case Study Group -à ? B12 Aditya Anand Asit Acharya Chaitanya Somawar Kiran Yadav Rakesh S Suresh Prasad Tribhuwan Kumar LAND ROVER NORTH AMERICA INC. LRNA is envisioning aà considerable growth in the S Premium1231 Words5 Pages Chemgrow Case Study. Doc ChemGrow Inc Case Study analysis: 1. What decisions would you make with regard to which is the most productive region, who is the most outstanding salesperson, and who are the most valuable customers? The major issue for Mr. John Kee is to decide on the various incentives that include 1. The speci Premium617 Words3 Pages Southwest Airline Case Study | SOUTHWEST AIRLINES, INC| CASE STUDY ANALYSIS| COMPARING PAST WITH PRESENT| | 12/14/2010| STRATEGIC MANAGEMENT (Section F) Course Instructor: Mr. AbdulQadir Molvi Submitted by (Alph. Order): NUTS AND BOLTS Abdul Basit Malik (9045) Hafsa Saleem (8828) Maaz Ismail (7192) Muh Premium10669 Words43 Pages Case Study for Acuscan, Inc Critical Case Study Assignment Maurine Shaughnessy GEN/480 Paul C. Moretti, M. B. A. September 12, 2006 I am the newly hired Vice President of Organizational Development. My responsibilities include creating the Organizational Development Department. I look forward to working with all of you Premium1362 Words6 Pages Case Study, Sas Institute Inc. Case Study, SAS Institute Inc. The management culture is a very important factor in the imprinting of a company: it shapes the relationship between working environment and employee satisfaction. I will answer a few questions regarding the SASââ¬â¢s particular strategy of running the business in which t Premium1085 Words5 Pages Case Study Analyses: the Gap, Inc. The central purpose of writing this Case Study Analyses on The Gap, Inc. is to identify and isolate key issues and their underlying implications and offer practical solutions and plans for implementing those solutions. This will be done by highlighting the social influences that influence the G Premium1676 Words7 Pages Strategic Management and Policy Case Study of Harley-Davidson Inc Strategic Management and Policy Case Study of Harley-Davidson, Inc. August 19, 2006 Introduction In 1903, a legendary motorcycle company was formed when William S. Harley and the Davidson brothers, William D. , Arthur and Walter, handcrafted their first three motorcycles. In 1909, Harley-Davi Premium3037 Words13 Pages Comm215 Case Study Abc Inc. Introduction While this author does not know the whole story, Carl Robins exhibited poor planning, execution and follow through of his duties, which would appear he is either not qualified or trained to do his, job effectively. This situation may have been alleviated by instituting a thorough super Premium1053 Words5 Pages Case Study: Circuit Board Fabricators Inc. Case Study: Circuit Board Fabricators Inc. Carl Anthony Jackson Sr. University of Phoenix OSC301 Operations Management Kimberly Ford January, 21 2008 In this case study Circuit Board Fabricators manufactures circuit boards for several computer companies. CBF has a c Premium933 Words4 Pages Case Study # 1: South Delaware Coors, Inc. Case Study # 1: South Delaware Coors, Inc. Analysis Summary Main Problems Two issues are present in the case. The first is a decision on what research should be conducted by Manson and Associates to allow Larry Brownlow to estimate the feasibility of a Coors beer distributorship for a two Premium623 Words3 Pages Wal-Mart: Staying on Top of the Fortune 500 a Case Study on Wal-Mart Stores Inc. Wal-Mart: Staying on Top of the Fortune 500 A Case Study on Wal-Mart Stores Inc. Executive Summary Wal-Mart Stores Inc.à is the largest retail company in the United States and has been ranked number one on the Fortune 500 Index by Fortune Magazine. Wal-Mart has four parts to their corporate str Premium10230 Words41 Pages Case Study on South Delaware Coors, Inc I. Statement of the Problem The problem was giving direction to Manson and Associates regarding which research should be completed within a period of time, to determine market potential of a Coors beer distributorship for a 2-county area in southern Delaware. II. Objectives of the Study Premium1809 Words8 Pages Dell Inc. a Case Studyà Strategic Management Case Study: Dell Inc. -2005 [pic] Submitted to: Dr. Ali Askari Submitted by: Group 10 Asadullah Premium1673 Words7 Pages Towards a New Theory of Innovation Management: a Case Study Comparing Canon, Inc. and Apple Computer, Inc. Journal of Engineering and Technology Management, 8 ( 1991 ) 67-83 Elsevier Towards a new theory of innovation management: A case study comparing Canon, Inc. and Apple Computer, Inc. Ikujiro Nonaka Institute of Business Research, Hitotsuhashi University, Kunitachi, Tokyo, Japan Martin Kenney Premium7711 Words31 Pagesà A Case Study on Employee Engagement: Marriott International, Inc. Healthy 4 Healthy Pregnancy and and Children: Opportunities Challenges for Employers A Case Study on Employee Engagement: Marriott International, Inc. Company Background Marriott International Inc. , is a leading lodging company with nearly 2,900 lodging properties in the United States and 68 Premium1476 Words6 Pages Case Study, History, and Strategic Analysis of Motorola, Inc. Case Study, History, and Strategic Analysis of Motorola, Inc. 1.Describe the salient opportunities and threats that exist in Motorolaââ¬â¢s external environment. 2. Describe the companyââ¬â¢s most prominent strengths and weaknesses. 3. Describe the advantages and disadvantages associated with eac Premium3798 Words16 Pages Case Study: Radio One, Inc. Case Study: Radio One, Inc. ââ¬â Part A Corporate Valuation Date: 21-09-2009 Instructor: Dr. Oliver Spalt Course: 323058 Corporate Valuation Faculty Economics and Business Administration, Tilburg University P. W. Segers J. J. T. M. Zegers 779710 722085 1. Radio Oneââ¬â¢s opportunities and risk Premium2476 Words10 Pages Documents 21 ââ¬â 40 of 1,000 |Go to Page 1 2 3 4 5 6 7 8 9 â⬠¦ 50 Previous | Next Search Saved documents You do not have any saved papers at this time. Search Only Title Body Category Date Created Today This Week This Month This Year All Time Number Of Pages Word Count Search Ready to get started?
Wednesday, August 14, 2019
A Comparison of Robert Frosts Fire and Ice and the Mending Wall
A Comparison of Robert Frost's Fire and Ice and the Mending Wall Robert Frost was a successful poet for many reasons. He was well known for the diction used in all his poems. Along with diction, he was widely known for the complexity of his poems. Imagery also was key in many of Frost poems because of the way he described events, people and places. He appealed to many Americans because of the life lessons told in many of his poetry. In all, Frost was one of the most popular poets in Americaââ¬â¢s history. The diction in Frostââ¬â¢s poems stood out to many of his readers because of the elementary language he used, which made his poems easy to understand. To make his poetry easy to understand, he ventured away from difficult words. The elementary diction was shown in ââ¬Å"Fire and Iceâ⬠and ââ¬Å"The Mending Wallâ⬠. ââ¬Å"Fire and Iceâ⬠is an example where the diction draws attention to a certain concept or idea for the reader to understand. When Frost uses the antonym words ââ¬Å"fireâ⬠and ââ¬Å"iceâ⬠, he is making a point to the reader that the words are representation of love and hate. In ââ¬Å"The Mending Wallâ⬠, there are examples of elementary diction that noticeably portrays Frost intentional word choices. Frost says that, ââ¬Å"there where it is we do not need the wallâ⬠(Frost 23). Another focal point is Frostââ¬â¢s poetry was complexity. The messages of his poems are interesting because he does not usually talk about the main idea directly but by using figurative language to get his ideas across. Frost was also commonly known for writing different types of poems like his most humorous one, ââ¬Å"Home Burialâ⬠. One of Frostââ¬â¢s most complex poems is ââ¬Å"The Road Not Takenâ⬠. In ââ¬Å"The Road Not Takenâ⬠, Frost uses complex metaphors to describe the story within the poem. ââ¬Å"Two roads diverge in a wood, and I took the one less traveled byâ⬠(Frost 19). When Frost uses a metaphor about the ââ¬Å"two roads that divergeâ⬠, he is referring to the two paths in life that there are to take. Imagery in Frost poems was extremely vivid to describe events, people and places. Frost often related nature imagery with romantic views. In ââ¬Å"Desert Placesâ⬠, Frost uses snow to describe an image of loneliness. For example, the word ââ¬Å"snowâ⬠is described as expressionless, ââ¬Å"A blanker whiteness of benighted snow/ with no expression, nothing to expressâ⬠(Frost 12). ââ¬Å"Birchesâ⬠is a typical example of the use of nature imagery that Frost uses to talk about the dislikes of the pressures of social life. While Frost does not specify exactly which burden he is targeting, the reader can easily piece together enough evidence from various parts of the poem to depict Frostââ¬â¢s meaning. When Frost compares ice to crystal shells, he uses descriptive words to enhance the image to the reader. The words ââ¬Å"shattering and avalanchingâ⬠(Frost 11) are used to enhance a visual image for the reader. Robert Frost was most famous for the way that he structured and managed his career. Frost became most popular because of the stories told within his poetry. In Frost poetry, he avoided any explicit language. He also did not discuss the economy or anything dealing with politics. Many other Americans became aware of who Frost because he was the first American poet to read poetry at John F. Kennedyââ¬â¢s inauguration. He read ââ¬Å"The Gift Outrightâ⬠, which was a poem that was written especially for the inauguration. In all, Frost was known for the elementary diction that he used in all of his poetry. Along with diction, he was widely known for the complexity of his poems. His use of imagery was descriptive in a way that it painted a picture for his readers. The life lessons that were depicted in his poems were one of many reasons why Americans favored him. Altogether, Frost was one of the most popular poets in Americaââ¬â¢s history.
Tuesday, August 13, 2019
Case problem Study Example | Topics and Well Written Essays - 250 words - 2
Problem - Case Study Example In addition, the management needs to emphasize that information sharing enhances learning, creativity, and performance. (Hatala & Lutta, 2009). As well, the company should pursue the establishment of a common tool that consolidates information and stores it for future reference. This can take place in the form of a database used by employees who have clearance and access to the database. The company should also adopt an organizational structure that brings the management and the employees together. This facilitates an eased flow of information and swift decision execution within the organization. (Hatala & Lutta, 2009). The accounts presented by the executives are quite relevant and valid, for they indicate the challenges that threaten information sharing within an organization. For example, Garyââ¬â¢s argument holds ground, for employees often move from one company, and implement their ideas in rival company. This shows that information sharing is a viable tool for corporate espionage. Anneââ¬â¢s argument can only hold ground if the management exercises stringent rules that fail to consider the hindrances presented by an organizationââ¬â¢s management. However, some of the arguments focus on a single dimension rather than the multidimensional perspective that information sharing support. For instance, Sharon fails to consider the element of learning new ideas when sharing information. The company needs to alter its organizational culture and the traditional culture where employees viewed information sharing process as a barrier rather than a tool towards success. The organizational culture should formulate an elaborate information-sharing model that stipulates the modus operandi of information sharing in the
Monday, August 12, 2019
ARTICLE CRITIQUES Essay Example | Topics and Well Written Essays - 500 words
ARTICLE CRITIQUES - Essay Example Another aspect covered by the article is sources of information for the recognition of potential threats arising from hazardous materials. These include location and site occupancy; placards, labels and other markings on mode of transportation, buildings and containers; as well as information about the physical and chemical properties. All these information provide HAZMAT professionals with knowledge and guidance in the handling of hazardous materials and in responding to HAZMAT incidents. Finally, the article tackles personal protective equipment or PPEââ¬â¢s which help reduce risks from hazardous materials encountered by HAZMAT professionals. All the initial information provided in the article should be well-known to the emergency responder of incidents involving hazardous materials. Moreover, all the inputs provided by the article should be further studied by individuals who deal with these materials. Lack of appropriate knowledge about hazardous materials not only run the risk of exacerbating the incident but also fatal risks for the HAZMAT professionals. They should be well-versed in the laws and regulations concerning such materials to be able to prevent untoward incidents. Emergency responders should also be able to recognize the presence of these materials and must know how to safely handle them. Additionally, in responding to emergency situations involving hazardous materials, HAZMAT professionals should be equipped with appropriate PPEs and should be well-trained in their use. The article provides an introduction to laws, regulations and regulating bodies concerned with hazardous materials. It gives examples of regulating bodies such as the EPA, OSHA, DOT, NFPA; as well as examples of regulation such as SARA-EPCRA, HAZWOPER, and NFPA standards. Even from the examples presented, the reader is made to realize that many entities are concerned with safety as related to hazardous materials. Although the examples are not explained at length, mere mention
Sunday, August 11, 2019
International Distribution and Supply Chain Management Essay
International Distribution and Supply Chain Management - Essay Example Two key technological developments that have enabled customers to transfer and vendors to process consumption data are Electronic Data Interchange (EDI) and high-speed, batch-processing forecasting software. Coincident with the advent of these innovations was the evolution of cooperative customer-vendor business programs including Vendor Managed Inventory (VMI), Continuous Replenishment Planning (CRP), and Collaborative Planning, Forecasting and Replenishment (CPFAR) which became the hallmarks of 1990s supply chain management. The combination of new information technology and cooperative supply chain partnerships has made possible the sharing of consumption-based forecasting information in near real time. The results of these developments have been dramatic: improvements in product-forecast accuracy, reductions in supply chain inventories, and efficiencies in product distribution. Instead of monthly factory shipment information, vendors have begun to use four other types of demand data to drive demand planning systems. These alternative data streams are (1) customer forecasts, (2) consumer purchases, (3) customer warehouse withdrawals, and (4) customer orders. Collectively, these customer-supplied data can be used to form the basis for bottom-up product forecasts which, when aggregated and rolled back up the supply chain, more accurately predict independent demand than do factory shipment-based forecasts. Independent demand is the requirement for items that is influenced by factors that are external to the firms that comprise the supply chain. These external factors bring about random variation in demand for such items. Consequently, independent demand forecasts are typically projections of historical demand patterns. As such, it is assumed here that independent demand is derived from point-of-sale (POS) based consumption data, since consumption is outside of the control of suppliers, vendors, and retail customers. The primary reason for using
Saturday, August 10, 2019
How should Scotland vote Essay Example | Topics and Well Written Essays - 1500 words
How should Scotland vote - Essay Example All political activities and operations transferred to London after the agreement. In 1880s, 1913 and 1979, Scotland unsuccessfully attempted to negotiate for its independence. Continued agitation for independence led to the reestablishment of Scottish parliament in 1999. The parliament would make its own policies and exercise its legal powers but had to be financially dependent on London. The dominance of the Scottish National Party (SNP) led by Alex Salmond in the Scottish parliament after the 2011 election worked to renew calls for independence (McLean & Lodge 2013, pg. 2). The push for independence succeeded on October 2012 when Alex Salmond and David Cameron signed the Edinburg agreement that will allow for September 18, 2014 referendum vote. Considering various economic, political and social issues, Scotland should vote ââ¬Å"Noâ⬠to secession. Scotland has been a member of the UK for over 300 years and this quantifies the great level of attachment to British. In fact, it is currently difficult to isolate real English from Scottish considering the great freedom of movement and operations of citizens of the two associate countries. According to McLean and Lodge (2013, pg. 3), London oversees most of international politics, economic and security operations and concerns of Scotland. This means that secession of Scotland from the United Kingdom will lead to serious setback for the Scottish. Most of the arguments presented by pro-independence led by Alex Salmond have been vague every time when subject to critical analysis. The need to enjoy economic freedom and control of Scottish internal affairs is unquantifiable considering that many Scots currently enjoy significant economic prosperity and hope under the umbrella of the British union. There is a hidden obsession by the Scottish political class to control the Northern Sea Oi l and taxes collected in Scotland (McLean & Lodge 2013, pg. 3).
Friday, August 9, 2019
Pandemic Flu Assignment Example | Topics and Well Written Essays - 250 words
Pandemic Flu - Assignment Example Accidents resulted from unregulated workplaces. According to Wever and Bergen (2014), pandemic influenza killed many Americans soldiers far more than the ones who died during the war in Europe. There several factors that contributed immensely to the spread of the influenza. Pandemic Influenza is a communicable disease that can spread easily from one individual to another. One factor that contributed to spread of influenza in camps was crowding. Spaces in camps were limited and as a result soldiers had to stay together in small spaces. Morens et al. (2010) point out that the cause of 1918 pandemic flu was the influenza A virus of subtype H1N. The source of the virus is related to birds, mainly waterfowl such as ducks and geese. The birds mentioned above act as reservoirs for the virus. However, it is still not clear how bird related influenza viruses adapt to the mammalian host, infect different cells and spread to humans. On the other hand, the current pandemic flu especially the 2009 H1N1influenza s said to have resulted from the recombination of genes. The genes that brought the current H1N1 are virus that caused 1918 pandemic flu and the swine virus adapted to birds. There are, however, factors in the current society that can trigger the spread of the virus to the population. In ancient times, the virus could spread easily throughout the world. The current society can contain the virus by keeping infected people in one place. Nonetheless, the problem is the availability of medical staff to deal and contain the spread of pandemic
The effect of reverberation and amplification on sound localisation Thesis
The effect of reverberation and amplification on sound localisation - Thesis Example In reverberant environments, most hearing impaired listeners are aware to the disturbance of the signals caused by the reverberation. However, when reverberation is minimum, the actual cause of disturbance is not clear to them and hence can be very frustrating. Localising a sound source in the horizontal plane relies mainly on two different sources of information: The differences in time of arrival of the sound at the two ears, and the level differences at the two ears. These time and level differences are called interaural time differences (ITD) cues and interaural level differences (ILD) cues. Recent improvements in hearing aids, such as compression and filtering, can significantly alter ITDs and ILDs. The digital processing to input signals tend to restrict the availability of fine timing cues, forcing the listener to rely on level cues. The effect of digital processing in hearing aids on the hearing aid wearers use of localisation cues in different listening environments is not well understood. The aim of this dissertation is to investigate the effect of reverberation on the localisation abilities of normal hearing and hearing impaired listeners. Moreover, to investigate the effect of Siemens Prisma 2M hearing aids utilizing the localisation cues. Two main sets of experiments were conducted, The first set (4 experiments) were performed on normal hearing listeners to study the effect of reverberation and signal onset/offset times on their localisation abilities for different stimuli signals (i.e. Speech, high-pass speech-low-pass speech, pink noise, 4 KHz pure tone, and 500 Hz pure tone and under different reverberant environments. The second set of experiments was conducted on twenty eight Bilateral Siemense Prisma 2M wearers. They were tested under both reverberant and anechoic conditions, with and without the hearing aids. Signals used were speech stimulus, pink noise, high-pass pink noise and low-pass pink
Thursday, August 8, 2019
Are corporations persons with religious freedom rights Case Study
Are corporations persons with religious freedom rights - Case Study Example ) The court observed that the reason of extending these rights to corporations was to protect the right of employees, shareholders and officers of the corporation. Allowing these corporations to enforce RFRA claims serve to protect the religious liberty of the corporation. c) The court also reasoned that corporations would be considered persons with religious freedom rights within the meaning of the RFRA. Non profit organizations are considered persons within the meaning of the RFRA and this should be extended to for profit organizations. Although the main objective of these organizations is to make money they also undertake humanitarian and altruistic endeavors similar to those of non profit organizations. d) The court also noted that the governments mandate on contraception greatly hinders the exercise of religion. In its judgment the court noted that the government already had an existing and functional mandate that was already implemented for non profit organizations and this could be extended to corporations with religious reservations. The government would therefore use the non restrictive mandate for Hobby Lobby (Churchill 2014). a) The most likely impact the outcome in Burwell v Hobby Lobby will have will be the perceived impact on employees and employers. However, the court was quick to point out that the decision concerned the contraception mandate only. Thus the outcome cannot be applied where the employerââ¬â¢s religious beliefs conflict with any other requirement. b) The court also clarified that the decision only applies to closely held corporations which are operated according to the sacred beliefs of its owners. What this means is that all other for profit organizations that are closely held are exempt from providing contraception coverage for its employees (Cohen, Lynch, & Curfman 2014). c) The outcome in this case will also affect the mandate of ACA. Under the ACA, exemptions apply only if the employer qualifies as a religious employer, or
Wednesday, August 7, 2019
Adam Revo Relaunch Essay Example for Free
Adam Revo Relaunch Essay First of all we would like to Thank ALMIGHTY, Who is the source of all our knowledge and wisdom. Then we would particularly like to thank our respected instructor Mr. Yasir Ali Somro for providing us the opportunity to look into various aspects of Marketing. His teaching is very informative and beneficial for us in future. He has been very helpful to us in making the project and in gaining further knowledge. Then thanks to our Parents, Friends and Colleagues in making of this project. Moreover we are thankful to all our group members who have coordinated and cooperated in the making of this report. 1. Company Description The group was initiated by Sir Adamjee Haji Dawood (1880-1948) who also played a vibrant role in the birth of the state of Pakistan by acting as a financial advisor and supporter to Quaid-e-Azam Mohomed Ali Jinnah-the founding father of Pakistan. Sir Adamjees role as advisor gave birth to various economic institutions; the Muslim Commercial Bank (MCB), Orient Airways, and the Morning Star newspaper. These were primarily established at the behest of Quaid-e-Azam Mohomed Ali Jinnah to win support of Muslims of Pakistan and facilitate them in migration to Pakistan during the partition of India in August 1947. Adam Motor Co., an assembler of Chinese SUVs and pickup trucks in Pakistan introduced an indigenous automobile Called the Revo. It is a 3576 mm long hatchback, powered by either a 800 cc or a 1051 cc petrol engine, sourced from Wuling in China. Otherwise the car is built from local parts. Adam Revo was a city car made by the now defunct Adam Motor Company of Pakistan. It was the first car to be designed assembled in Pakistan. The Revo is being assembled at a plant in Karachi owned by Adam Motors. And the engine and transmission systems have come from China. The company plans to make 5,000units a year 2. Reasons of failure There are some main causes of failure of this project: Political As world is a global village now so foreign brands are easily available in the market. People tend to prefer foreign companies over local companies. If you want to grow your local automotive industry then one must first give tax leverage to this industry to protect their companies or else foreign companies would run the domestic country down to nothing. Lack of Government support Former Prime Minister Shaukat Aziz inaugurated Revoââ¬â¢s plant in 2003, Aziz promised Feroz Khan, the maker of Revo, to buy his car for the government as it was the cheapest in the country. Feroz Khan did produce suffice to cater the needs of Government who decided to buy Adam Revo instead of Mehran. The government could have easily bought 5,000-10,000 cars a year but it never fulfilled its promise and that was one of the major reasons why the project collapsed. Lack of funds Due to interest of Prime Minister, Feroz Khan produces enough to carter the Government. When Government never fulfilled its promise, debt pilled up then company had to go bankrupt. There werenââ¬â¢t enough funds left to rejuvenate this company and to pay off its debt. Road grip of tires Tires used were of cheap quality, bumps and surface imperfections in the road results in inevitably reduced grip on the road which leads to a harsh ride. Speed-o-Meter People didnââ¬â¢t like cheap Speed-o-Meter of Adam Revo, which reminds drivers of 19s car. Now days where stylish cars are easily available, people didnââ¬â¢t like buying car which gives them the feel of driving any vintage car so they pay extra just to have car with a bit of pizzas by paying 45-75000 extra. Lower Quality of interior plastic The car wasnââ¬â¢t good enough. The cheap plastic interior and hideous looks were not up to the expectations of the potential buyers of car, who rather preferred a used car than an Adam Revo. No Promotions/Advertising/Marketing plan Effective way of selling your product is to advertise it through Ads, Campaign and promotions. Adam Revo didnââ¬â¢t do its advertising its product; therefore only small part of the total population was aware of Adam Revo, rest still get baffled when asked about Pakistanââ¬â¢s first car Revo. People werenââ¬â¢t aware of Adam Revo how could it have earned profit. 3. Strategic Focus and plan Mission/Vision Adam Motor Companyââ¬â¢s mission is to introduce vehicles with maximum indigenization, to price our vehicles most competitively with reliable quality, to realize highest customer satisfaction through 3S facilities, to export and to be a responsible corporate citizen. Goals Pakistani car industry to reach greater heights and eventually compete with larger car companies, within Pakistan and internationally. Core Competency and Sustainable Competitive Advantage Adam Motors believe that given the right environment and training, their people can be the best in the world. They believe that all their products must contain high indigenization, reliable quality and excellent after sale service Ansoff Matrix Market Penetration: Adam Motors will first try to capture market share by penetrating into market using Market-Penetration Strategy and to compete from well settled companiesà like SUZUKI, HONDA, TOYOTA, and CHEVERLOTE excreta. These companies are already offering good cars and have established there names in Automobile industry. To penetrate into market Adam has its advantage of low price. Its biggest competitor is Mehran (cash cow for SUZUKI) in 800cc. Adam still has 70 to 80000 price difference from it. This strategy is appropriate for Adam Motors as there is a demand and the customers are looking for bargains. Adam Revo has an affordable price which can penetrate deep into the market for middle class people. After company increase its market share company can go for Product development strategy while developing new product for potential interest to its current markets. Once company establishes its reputation it can offer a new product in a new market by using diversification strategy. Porter Generic Strategies Cost Leadership When it comes to market Revo, Overall cost leadership Strategy is appropriate for Adam Motors to gain market. Adam Motors is considered to be lowest cost producer within industry. And there advantage over Mehran makes is highly affordable for the middle class people and giving company a competitive advantage over other automobile companies. 4. Situation Analysis SWOT Analysis Strength: The only Pakistani manufacturer: The plant can produce up to 7000-10000 cars per year. Adam Revo, Pakistanââ¬â¢s first automobile manufacturing industry having largest manufacturing facilities with an annual production capacity of 70,000 ââ¬â 10,000 vehicles. The vehicles produced include cars, small vans, Pickups and Cargo vans. With proper management and effective marketing Adam Motorââ¬â¢s Revo can manufacture suffice to carter the demand and can hold more than 50% of Market Share. Low priced car. Adam Motorââ¬â¢s Revo biggest strength is its low price 70,000 to 85,000 cheaperà than Suzukiââ¬â¢s Mehran which makes this car highly affordable. With Government intervention this company can cater enough of the population. Excellence in installation of CNG kits Adam Motors have an enormous experience in the field of CNG/LPG. CNG kits installed in Adam Motors cars make it fuel efficient car with globally acclaimed CNG components installed. Impeccable increase in petrol prices is making implausible for middle class people to afford the overhauling cost of the car. Providing CNG kits will raise the bar for the industry to new greater heights. Weakness: Poor after sale service. After sales services is considered to be and integral part of customer services and a key determinant of customer satisfaction; while this may seem obvious but itââ¬â¢s not often done. Unfortunately, lack of emphasis on after sales services was observed, due to lack of resources and improper after sales services planning. Low Resale Value Revo was the Pakistanââ¬â¢s first car to make out to roads and had to face criticism. As a first company the quality of car and its parts used were not as good as it should have been which cause its unpopularity and its image had to taste dust therefore, when it comes to resale value the owner easily can lose 70,000 or more on selling. Pakistani buyers are cautious buyers who give the vehicleââ¬â¢s resale more importance. Competing in Pakistan only Growing up among some of the worldââ¬â¢s biggest company like Honda, Suzuki, and Toyota is really hard job to do. With competitor having better resources, better research facilities and established brand name, it gets hard to compete. Low consumer awareness Since advertising and promotion directly relates to consumer awareness. One of the main reasons Revo didnââ¬â¢t survived was people werenââ¬â¢t aware of theà Revo. Advertising and promotion are useful factors in creating awareness among the consumer. Unfortunately Adam Motors didnââ¬â¢t indulge themselves in of the marketing. Lack of advanced technology. Advanced technology is competitive advantage. Unfortunately Adam Motors donââ¬â¢t posses modern technology which surely is Adam Motors biggest weakness. Adam Motors is competing with companies who posses advanced technology and have moved from traditional fuel cars to hybrid and electric cars. Unattractive structure. Revo looks was a major issue for buyer. Itââ¬â¢s resembles to the three-wheeler china van. The shape of the car made it look quite ridiculous and unattractive. Poor material was been used in exterior and interior of the car. Adam Motorââ¬â¢s should have put more thought into the design and quality of the car. Opportunity: Capturing the market of low income people. Pakistanââ¬â¢s major part of population falls under category of middle class, lower middle class and lower class. To capture the people who have low purchasing power company must focus on the affordability of the product. Revo is cheap car even cheaper then Mehran. People with low income can easily afford this car and itââ¬â¢s overhauling expenses. People who have bikes and want a cheap spacious car to enjoy ride with their families can easily afford this fuel-efficient and cheap car. Enter in the market of 1300 cc cars. After getting its market share and reputation, Adam Revo can go for opportunity to capture market with 1300cc car and other models. As the only competitor in producing cheap 1300cc car is Suzuki who have been failed trying different variation in their 1300cc model cars. Large market size to operate. Demand of cheap cars in Pakistan is very high. Thereââ¬â¢s no second thought to it. Majority of Pakistanââ¬â¢s population belong to classes who can not afford luxurious cars and are interested in cheap, fuel- efficient cars. There isà big market for there car if they plan well and market there product efficiently they can target large market size. Economy of Pakistan. Growing local industry can ultimately benefit economy of Pakistan. Developing good reputation will induce other companies to make investment in Pakistan my doing joint venture production. Export Revo can also give benefit to Pakistanââ¬â¢s economy. Threats: Competitors (Pak Suzuki) Currently Pak Suzuki is largest car assembler and market leader in Pakistan automobile market. Pak Suzuki has more than 60% of the market share. Having effective after sales service and wide spread network of show rooms and EFI technology surely is Adam biggest competitor. Market perception. The perception of consumer of Adamââ¬â¢s Motors is that they provide cheap car with low quality. As long as Revo donââ¬â¢t take steps to induce people that there product are best use of their money, whatever car they come up with will not going to be accepted by the consumer. Load shedding of CNG in Pakistan. Load shedding of CNG is one of the big problems in Pakistan and company like Adam Motor who are totally dependent upon CNG as this is one of the main reason which makes this car overhauling expenses affordable. Sharp Increase in price of Raw Material. Increase in price of everything due to inflation is also a threat e. The cost raw material and labor have also increased which will result in expensive product making it unaffordable for consumer of low income. Ambiguity in political issue. In Pakistan the ambiguity in political issue is very high. Every now and then we get strangled by the strike conducted by different political parties making it very difficult for industry to match the quota. Sometimes even worker donââ¬â¢t come to work which increases the cost of production and delay in delivery. Internal Strengths and Weaknesses Offerings It offers Fuel-efficient highly affordable Chinese made engines car which are 10% to 15% cheaper than other local competitors. As demand of cheap cars is so high in Pakistan, providing cheap cars to consumer so could get their needs satisfied. Marketing: The key marketing objective of the company is to become the segment leader in 800 cc market It is the main concern to market the Adamââ¬â¢s Dreamer at an economical price, which would give a competitive edge. To duly anticipate in maintaining quality benchmark by maintaining the efficiency of automobile production unit by continuous research and development program, keeping in view the customerââ¬â¢s needs and a sound distribution system to attain the max of customer satisfaction. Adam Motor intention is to attain an increase in share of the urban population consisting of Karachi, Lahore, and Islamabad as well as in rural areas of Pakistan in automobile industry. The duly purpose to attain this target by direct frontal assault on the market and to re-launch the brand on a higher scale to eliminate the resistance from small competitors and taking on competition directly. Personnel/Management Company strives for skilled entities who value time and quality as crucial assets. Finance Manufacturing Research and Development (R D) External Opportunities and Threats Consumer/Social: Today, companies recognize that they cannot appeal to each and every buyer in the market place The reason of this problem is that buyers are too numerous, too widely scattered and too much wearied in their needs and buying practices; therefore, to reach the right person who is definitely a potential customer of your product is very difficult. Competitive: For the newly launched automobile company it is very challenging to get even very small shares of the automobile market when the giants like TOYOTA, SUZUKI etc. are already capturing the major market. Paksitanââ¬â¢s first car Technological Competing with other Economic Prime Minister Nawaz Sharif, Known for his decisions which helps economy of the country to grow. Providing subsidy to industrial sector will definitely help industry like ADAM COMPANY to grow. This is an opportunity was the company to go for this opportunity. Legal/Regulatory Industry Analysis Competitor Analysis (Porter 5 Forces Model, Defense Strategy, Attack Strategy) Company Analysis Customer Analysis (Segmentation/Targeting) 5. Market-Product Focus Marketing and Product Objectives Target Markets The cars target audience was envisaged to be Pakistans middle class car buyer. The company had planned to export the car in the future to other countries as well. Points of Parity (POP), Points of Difference (POD) Positioning 6. Marketing Program Product Strategy/ Branding Strategy, BCG Matrix Price Strategy: The price of Adams Revo was low as compared with the competitors but the features of the car were not up to the standard of the competitors therefore to compete with the competitors it is essential for the company to change the price in order to change its design to get profits. The increase in price should be less than the competitors price in order to maintain the market reputation of having a low priced car. People were seen to be satisfied with the price of the car, however, the major reasons which caused the car to flop were the low quality, performance style as well as the lack of promotion, therefore it is required by the company to reposition its product and promote it. The repositioning of the product and the promotional advertisement will increase the cost of the car which may result in the increase of prices. The price offer by the company is almost 20% less than its major competitor Suzuki Mehran. The company can afford an increase in price to a level which is less than Mehran in order to reposition its product Promotion Strategy: For repositioning first we will redesign the promotion mix to inform customers about the attributes, features of the Adamââ¬â¢s Dreamer along with its emphasis on life style and technical expertise. Pull strategy will be used for the promotion to build up consumer demand. If the strategy is successful, customers will ask dealers for Dreamer and dealers will ask Adamââ¬â¢s Motors to produce more. Sales promotion is one of the ways to encourage sales of our new Adamââ¬â¢s Dreamer. The company can give discounts on conducting different car fairs or in the exhibitions. They can offer discounts sales to different car rental organizations or the transport departments of different companies, by doing this Dreamer can achieve road presence which can broaden the future sales of Adamââ¬â¢s Dreamer Place (Distribution Strategy): Our market segmentation reveals that The Companyââ¬â¢s product Adamââ¬â¢s DREAMER is not for the superior class, that is, upper-upper but also not for the upper-lower class of the country. The Adams Dreamer is basically for the, upper-middle class, Middle class and lower-middle class of the country The smaller areas of the country are the major place for the middle class of society. In order to reach the every middle class consumer of the country the Adamââ¬â¢s DREAMER must be available in all the seller cities of each province. Therefore Adams Dreamer dealership must be in Hyderabad,Sukkar (SINDH) Sialkot, Multan (PUNJAB) Chaman (BALOCHISTAN) Gigot (KHYBER PAKHTUNKHUA) The semi-urban cities of the country are the major place for the lower-Middleà class of society. In order to reach the every lower class consumer of the country the Adamââ¬â¢s DREAMER must be available in all the small cities of each province. Therefore Adams Dreamer must be in Rohri SINDH Okara, Sahiwal, MianwaliPUNJAB Pasheen BALOCHISTAN Abottabad KHYBER PAKHTUNKHUA 7. Implementation Company has a nonexistent demand and Latent demand. As marketing and promotion of Adam Revo was never have attempted. They share a strong need for the product which is cheap and can satisfy there needs but due non marketing strategy people were unaware of the product which causes non existent demand. 8. Evaluation and Control As per the survey done by the general public, the evaluation result was in favor of re-launching the car but there were few amendment needed to be made, for example the interior part and as well as engine including the suspension of the car.
Subscribe to:
Posts (Atom)