Globale Economy Essay 2 Example | Topics and Well Written Essays - 500 words

Globale Economy 2 - Essay Example olders are the genuine or genuine proprietors of the organization and they have put resources into the association in this way analysts and business analysts urge the plan to augment the venture made by the investors. The subsequent methodology is partner private enterprise in which all gatherings that have their stake in the association ought to be given significance and not simply the investors. All gatherings that could be affected by the activities of the association or their activities could impact the association are alluded to as partners. Since in creating benefits, there are different gatherings included other than the investors, for example, representatives and the board of the association, wholesalers, providers and individuals in the general public and government, in this manner the idea of partner private enterprise empowers augmenting the estimation of partners instead of just financial specialists. The methodology of state proprietorship is otherwise called the administration possession as in this methodology the legislature has the dynamic position. The idea driving state proprietorship approach is that the administration would settle on choices as per the advantage of the general financial state of the nation and methodologies would be defined to address the issues of the general public (Clarke and Kohler, 40). Additionally this would dishearten urging private firms to charge significant expenses and win more benefits. Partner private enterprise is the best way to deal with amplify the since quite a while ago run monetary execution of the firm in light of the fact that in this methodology, not just the investors of the organizations are considered however every gathering that has something in question with the association would be given significance. Since an association doesn't work in segregation and various gatherings are influenced by its activities thusly the methodology of partner private enterprise ought to be supported. Workers are the ones who help the association to develop and procure benefits along these lines it is significant that they ought to be engaged with the top managerial staff paying little heed to what

Public Budgeting and Financial Management †MyAssignmenthelp.com

Question: Talk about the Public Budgeting and Financial Management. Answer: Presentation Business banking was not helpless against aggravations up to this point. The development of desires for the corporate clients and with the developing innovative patterns there has been incredible changes. With the assistance of digitalization the banks are improving their bank end forms which are helping them to smooth out the essential tasks. The mechanical development is helping in quicker settlements and is assuming control over the paper based exchanges. Business banking has just advanced and is required to develop at a quicker rate in the coming years. In our conversation beneath we will talk about such mechanical headways and the moral issues included assuming any (Adelaja, 2015). So as to gain a critical ground, the financial framework chose to receive present day innovation for making the framework run easily and proficiently. The financial framework in US in the ongoing occasions has indicated its anxiety for innovative headway in the nation. There was a gigantic venture of $30 billion made by this division to improve in the innovative fields (Bierman Smidt, 2010). Prior, there was a withdrawal on interstate banking and branches however in the ongoing occasions of the creating banking period it was seen that there were increases in this too. It was difficult to acquire another innovation without an appropriate information and encounters. It was likewise hard for the individuals working in this area to adjust to these prompt changes. Not the sum total of what banks have had the option to adjust new advances; some are as yet putting forth an attempt to do as such. Some financial establishments are putting forth nonstop attempts to embrace and find out about t he new advances, for example, Base II and Check 21. The little budgetary establishments mostly receive the innovations that are tried and attempt to make progression with its assistance though the enormous monetary organizations are concerned more with the security. So as to coordinate the elevated expectations of enormous money related establishments and the top notch administrations gave by them, the little banks utilize the tried innovation. It is important to offer a decent quality support to hold the current clients just as to welcome new clients. The most generally and ordinarily banking framework that has been embraced by a large portion of the money related organizations is known as distributed computing framework. This framework has assisted the financial framework with reducing the expense, improve online frameworks and has additionally helped in giving versatile financial administrations to the clients. The offices that are gives by money related foundations the assistance of this innovation are as per the following: It has helped in improving the administration gave to the clients. Improvement in the hazard the board. Sped up exchanges. The tasks and techniques have gotten reinforced. Improving the steadiness and financial development by changing the cost structure. Prior it was seen that the banks were energized by the administrative specialists to make innovative progressions which will result into capitalisation and operational proficiency (Dayananda, Irons, Harrison, Herbohn, Rowland, 2008). Australian monetary establishment The monetary framework is laying extraordinary significance in bringing certain noteworthy changes. These progressions identify with selection of new advancements that has been imagined, the manners in which that can forestall disappointment in the financial frameworks, decrease of manual work, and extension in the online framework. Such changes unmistakably shows that there will be a finished diverse financial framework later on which will be increasingly improved and propelled when contrasted and the present (Menifield, 2014) . It has been seen that there is an immense capital age due to high benefits earned, the solid execution by the advantages and strength in the non performing resources throughout the months. There has been an extraordinary change in the administrations gave. These headways have diminished the expense of administrations, moves and capacity of data and so forth. There has been a progressively mind boggling yet all around worked and very much oversaw frameworks that is overseen by profoundly qualified and scholarly individuals (Peterson Fabozzi, 2012) . The improved web administrations, remote systems administration and the web approach has indicated a noteworthy improvement in the financial administrations. . The banks are not just worried about the selection of new innovation and yet it is likewise attempting to get the advantages at the most minimal cost conceivable and furthermore fortifying the frameworks that it has set up The web based financial framework has made the life of the clients simpler. It spares their time and causes them to convey exchanges from anyplace whenever with most extreme security. The offices gave by them are charge installments, online installments, online store move, checking their record adjusts and furthermore tackling the questions of the clients (Rivenbark, Vogt, Marlowe, 2009). There is likewise an office of versatile banking in which the clients are given the subtleties of their equalization and the exchanges brought out through messages. On the off chance that there is any exchange produced using their record, they promptly get a notice on their telephone. There is a gigantic security given to clients while making any exchanges on the web, consequently the banks have presented an arrangement of one time secret key without which the exchange can't be finished. A few moral points of view according to web based banking and electronic cards offices can be separated into the accompanying classifications (Seitz Ellison, 2009): Protection: the banks should keep all the subtleties of the clients put away securely and cautiously. Such data ought to be encoded appropriately so the nobody can complete any sort of false exercises with the assistance of such data. Possession: The banks should see that no other individual other than the record holder is completing any sort of online exchange with that specific record. It should keep an appropriate mind the IP address just as the security secret key before allowing any exchange. Moral social issues Albeit, internet banking has been enormously energized by the individuals yet there still an untruths a danger of protections in the brains of the clients (Fridson Alvarez, 2012). Banks has given different financial administrations that have made the life of clients progressively simpler yet at the same time there is an extent of progress by the financial framework with respect to keeping the data of the clients protected and secure. The issues can be both of lawful just as spirit. In the ongoing occasions, there has been improvement in the innovation just as their has been new techniques found by individuals of misusing them. In this way, so as to give an issue free assistance the banks should attempt to wipe out the helplessness that is available. There ought to be a lawful prerequisite and furthermore an assertion that would express that the bank will keep a watch that the clients data isn't spilled to anybody, not even to the administration. It is the obligation of the bank to keep the cash safe and on the off chance that there is any misfortune to the client due to such movement, at that point it ought to be repaid (Ittelson, 2009). Subsequently, we can infer that it is the obligation of government and individuals to protect the abundance of the individuals. End The developing progression in the financial framework has not just made the life of individuals simpler it has additionally helped in the monetary dependability and monetary development of the nation. In any case, this will proceed with just when the administrations gave by the financial foundations are liberated from moral issues. It is center obligation of the administration just as banks to keep the abundance of the individuals made sure about and shield them from getting misused. On the off chance that such issues are settled, at that point there will be unquestionably a tremendous advancement in the nation (McLaney Adril, 2016) References Adelaja, T. (2015). Capital Budgeting: Investment Appraisal Techniques Under Certainty. Chicago: CreateSpace Independent Publishing Platform . Bierman, H., Smidt, S. (2010). The Capital Budgeting Decision. Boston: Routledge. Dayananda, D., Irons, R., Harrison, S., Herbohn, J., Rowland, P. (2008). Capital Budgeting: Financial Appraisal of Investment Projects. Cambridge: Cambridge University Press. Fridson, M., Alvarez, F. (2012). Fiscal summary Analysis: A Practitioner's Guide. New York: John Wiley Sons. Ittelson, T. (2009). Fiscal reports: A Step-by-Step Guide to Understanding and Creating Financial Reports. Franklin Lakes, N.J.: Career Press. McLaney, E., Adril, D. P. (2016). Bookkeeping and Finance: An Introduction. Joined Kingdom: Pearson. Menifield, C. E. (2014). The Basics of Public Budgeting and Financial Management: A Handbook for Academics and Practitioners. Lanham, Md.: University Press of America. Peterson, P. P., Fabozzi, F. J. (2012). Capital Budgeting. New York, NY: Wiley. Rivenbark, W. C., Vogt, J., Marlowe, J. (2009). Capital Budgeting and Finance: A Guide for Local Governments. Washington, D.C.: ICMA Press. Seitz, N., Ellison, M. (2009). Capital Budgeting and Long-Term Financing Decisions. New York: Thomson Learning.

Im Graduating Early [NOT CLICKBAIT]

Im Graduating Early [NOT CLICKBAIT] MIT is going through changes right now in addition to the new phase of the CUP first-year experiment. Here are two that actually affect me. Graduating Early We are within throwing distance of Commencement 2019, in which most of the people who got here in September 2015 will be graduating. The occasion is scheduled for June 7, as it is traditional for MIT commencement to occur around the first week of June. The 18s graduated on June 8, the 17s graduated on June 9, the 16s graduated on June 3, the 15s graduated on June 5, the 14s graduated on June 6, and the 13s graduated on June 7, and the 12s graduated on June 8. The late commencement date is pretty cool for a few reasons: IAP feels longer since we dont have to register for spring semester until the first week of February, we get a 4-day weekend for Patriots Day, and all the other schools in the area Commence earlier so that your interaction with Harvard parents in public spaces is minimized. However, graduating on June 8 means you have to move out of the dorm on June 9, and into somewhere that lets you sign a lease starting in the middle of a month? Or maybe you live off campus, and the place youre in wants you to pay a whole months rent when you only need it for another week.  And maybe you were planning on doing an internship or starting a job immediately after graduating (such is society), but those are also the kinds of things that tend to kick off around the first of the month. The howevers here (which all are more legitimate points than I dont want to have to stand in line at Flour with Remington J. Halliburton V and Alexander Q. Raytheon III01 These are jokes made in the spirit of playful rivalry! Please dont blacklist me Mr. Corporation! I need a job! ) have led to the generally favorable administrative decision02 This feels like an oxymoron at this point to move commencement to the week of Memorial Day, which is the last Monday of May. And so I will graduate with the other 20s on May 29, the 21s will graduate on May 28, the 22s will graduate on May 27, the 23s will graduate on June 2, the 24s will graduate on May 31, and the 25s will graduate on May 30. My mom is already trying to buy plane tickets. The Great Biology Merger On Tuesday, I was a Course 7A. 7A is basically the same as Course 7, except you get to choose a CI-M that isnt 7.18. What is CI-M? What is 7.18? Every Course03 You call it delcorn/del major, we call it delmaize/del course at MIT requires the completion of two04 You can take more than two if you want classes that are communication intensive,05 Usually meaning that you write papers or do presentations and then have to meet with a communication instructor for feedback so you can improve on the next paper or presentation or CI-Ms. These are similar to CI-Hs, which are the two06 Again, you can take more than two if you want communication intensive HASS07 Humanities, Arts, Social Sciences classes that you are required to take. The difference is that most people08 There are always plenty of people who do both of these freshman year, or on the other end of the spectrum, people who put off their last CI-H for freshman year because they want to take CI-Ms earlier take their CI-Hs freshman and sophomore years, and most people take their CI-Ms their junior and senior years when they actually have declared their majors and have taken classes to give them background knowledge to complete a CI-M. You have to finish at least one CI class per academic year. 7.18 is a behemoth 30- unit09 At MIT, 1 unit=1 hour of in-class and out of class work per week CI-M in which you perform research and write what is essentially an undergrad thesis. This and the 18-unit 7.02 Intro to Experimentation and Communication in Biology were the required CI-Ms for course 7 until recently. In order to take 7.18, you must have taken 7.06 Cell Biology (which has 7.03 Genetics and 7.05 Biochemistry as prereqs, which have 7.01x Intro Biology and 5.12 Organic Chemistry I as prereqs, which has 5.11x/3.091 Intro Chemistry as a prereq) and also have completed a 12-unit UROP/non-credit equivalent in an MIT biology lab. The department does not set up UROPs for you, and they wont pair you to a lab. Couple these demands requirements with a 30 hour per week (thats 6 hours per school day) expected time commitment for a single class, and youve got a major that will scare away even the most curious biology hobbyist. Taking 7.18 requires a good deal of planning and class-passing10 This is not to disparage the planners and class-passers; most course 7s I know of actually have cohesive projects that they have been working on for a long time and respect the 30 units of credit that they get for pursuing their passions that doesnt come naturally to most people. For example, I am taking 7.06 this semester, so I would only be able to take 7.18 next semester when I am likely applying for grad school and should not be spending 6 hours (or more!) in lab working on a project that would have looked better on my grad school apps had I completed it earlier. So Im a 7A. My non-7.02 CI-M is 9.28 Current Topics in Developmental Neurobiology, a whole 21 units less than 7.18 would have been. All is well except now effective Fall 2019 Ill just be a course 7. And I didnt even have to fill out a major change form! All because Courses 7 and 7A are being consolidated into just Course 7. 7.18 will no longer be offered. 7.02 is being replaced with the 6-unit 7.002 Fundamentals of Experimental Molecular Biology and the 12-unit 7.003 Molecular Biology Laboratory. 7.002 was first offered last semester as a sort of intro lab class that first years can take to gain the skills necessary to get a bio UROP without needing to have completed the standard course 7 prereqs. I took 7.02, so I know just how much time that class took. I am happy that these changes have been made. It did, however, make things a little difficult for me last week when I was trying to get my double major11 On my way! to a CMS major form signed. I already had to change the graduation date from 6/2020 to 5/2020. I took my form to the bio department to sign on Tuesday, then on Wednesday they emailed out about how everyone who is 7A will just be a 7 from now on, so when I got my form I had to cross out 7A in the primary major spot. If youre interested, you can find all the required classes for the bio major here (and if you click some of the stuff on the left you can find the requirements for other majors but why click on those when you can be a bio major). Here are the biology restricted electives of which you pick at least 3: Theyre all good options! Be a course 7! Post Tagged #2020 #changes #Commencement #Course 7 - Biology These are jokes made in the spirit of playful rivalry! Please don't blacklist me Mr. Corporation! I need a job! back to text ? This feels like an oxymoron at this point back to text ? You call it corn major, we call it maize course back to text ? You can take more than two if you want back to text ? Usually meaning that you write papers or do presentations and then have to meet with a communication instructor for feedback so you can improve on the next paper or presentation back to text ? Again, you can take more than two if you want back to text ? Humanities, Arts, Social Sciences back to text ? There are always plenty of people who do both of these freshman year, or on the other end of the spectrum, people who put off their last CI-H for freshman year because they want to take CI-Ms earlier back to text ? At MIT, 1 unit=1 hour of in-class and out of class work per week back to text ? This is not to disparage the planners and class-passers; most course 7s I know of actually have cohesive projects that they have been working on for a long time and respect the 30 units of credit that they get for pursuing their passions back to text ? On my way! to a CMS major back to text ?

Education Is The Most Important Part Of Every Human

Today, Education is the most important part of every human being in this world. But, how can a developed country like the United States consider education as a privilege rather than a need. Today, America is suffering from lack of workforce and education crisis. America’s economy is collapsing and it is losing to countries like china, Brazil, Russia, etc. because Americans are deprived of education because of high college costs. High school graduates in America want to attend college but when they attend college, either they drop out of college or they graduate but end up paying money for student debt and loans throughout their life. According to Vermont senator Bernie sanders, today Americans have a burden of 1.3 trillion dollars in debts and loans. This amount is much greater than the amount of credit card. Because of lack of education, there is a huge income gap between the wealthier and poor. America is called, â€Å"Land of the Free and Home of the Brave†, But how can a country be the home of the brave if its people are not educated. To make America better and stronger, education should be free for every U.S. citizen and so the public universities and colleges should be free. A free education would enable every American to achieve the American Dream. It would fill the income gap between poor and rich and would boost the economy of the nation. For a better understanding, we must look at the cost of tuition of public universities in America. In the past decade, the costShow MoreRelatedEducation Plays An Important Role In Sh1412 Words   |  6 Pagesï » ¿Education plays an important role in shaping an individual’s career. The level of education helps people to earn recognition and respect in the society. Undoubtedly education is both socially personally an indispensible part of human life. However the inequalities in the standards of education are still a major issue that needs to be solved as early as it could be. The importance of education is our life cannot be ignored at any cost. Education is the only way to get knowledge. For instance, youRead MoreIndigenous Development in Canada1706 Words   |  7 Pagescultural, and political inequities (Adelson, 2005: 45). For example, the urban non-Aboriginal population in Canada has a higher level of education and income than the aboriginal population (Cardwell and Wilson: 2012). This is inherently important for improving the health of Aboriginal communities. As, Canada’s indigenous population are often recognised as some of the most disadvantaged and impoverished people in Canada, particularly when compared to the non-Aboriginal people. Figure 1. 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One way in which men have taken the power away from women is by taking away their education, and in turn their ability to develop independently and to be. functional parts of societyRead MorePreventing and Addressing Problems in Human Services Essay example827 Words   |  4 Pages A variety of different problems can and do arise in human service organizations. Unfortunately, they do not come with instruction manuals on how to resolve them. It is the responsibility of human service administrators to identify problems and strategies to address them. It is important to consider and reflect upon the steps and actions that administrators in the human services field take to address problems. It is also equally important to consider what administrators can do to prevent problemsRead MoreShould Animals Be Kept? Zoos?1672 Words   |  7 Pageswild animals through education, funding, and even breeding, zoos may be harmful to wild animals from the fact that they are kept in enclosures for most of their lives. (In this argument supporters back up their opinions with arguments such as: zoos and other similar science buildings can rescue, preserve and maintain endangered animal species, zoos and aquariums can provide necessary research and funding for activities like res earch, also zoos provide important current education to mass quantitiesRead MoreNursing Is Not An Easy Career Choice945 Words   |  4 Pagesâ€Å"When you’re a nurse, you know that every day you will touch a life, or a life will touch yours.† - Unknown (Nurse Theory, 2012) Stethoscope, diverticulectomy, anaesthesia, and, retroperitoneal are all large words that only a certain number of people know the definition to. 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Japanese Imperialism During World War II - 1415 Words

Japanese imperialism had taken flight and hoped to expand its influence and control over various parts of Southeast Asia. Unfortunately, over the course of a decade, Japan only taunted the world with their idea of self-sustainment and colonial expansion. The underlying principle to their failure was the theory of Imperial overstretch, as Hook explains, â€Å"a pattern in which great powers have consistently expanded their foreign commitments beyond their ability to remain economically solvent and militarily secure† (Hook 2014, 12). Throughout my analysis of the U.S.’s responses to Japanese actions prior to the U.S.’s involvement in World War two, we see Japan try to expand their empire in Southeast Asia, but sequentially results in failure. There are various theories that help explain the U.S. actions taken in response to Japan. These theories help explain the factors that lead Japan to imperial overstretch. By 1931, Japanese-U.S. relations had spoiled. Japan’s strategy of colonial expansion echoed with the European paradigm, ultimately ending with the catastrophe of the Second World War. The Japanese invasion of Manchuria in late 1931 placed U.S. secretary of State Henry M. Stimson in a difficult position. It was clear that the Kellogg-Briand Pact had no impact on either the Chinese or the Japanese, and President Herbert Hoover did not primarily agree with his proposals. The Japanese had a huge investment in Manchuria and they relied heavily on U.S. exports for the necessaryShow MoreRelatedNationalism And Imperialism841 Words   |  4 PagesNationalism and Imperialism are two important yet distinct ideologies that have shaped the geopolitical world. Both have led to the annexation of lands and the formation of national borders. Nationalism and Imperialism can be viewed as two ends of a spectrum of patriotism, with nationalism on the weak end and imperialism on the strong end. 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Beyond this, many of these causes can be applicable contributions to each World War. In terms of cause, World War II can be considered an inevitable continuation of the first World War. It erupted due to Hitler’s extreme desire for expansion and hostile foreign policy, war was immediately declared upon German militarization of PolandRead MorePearl Harbor Essay1748 Words   |  7 Pagesthe Japanese choose to start a war with the United States? How did the surprise assault affect the surroundings of Pearl Harbour? The quotation of â€Å"issued Potsdam Declaration† had Japan to surrender, even if they did surrender why are the United States still deciding to bomb Hiroshima and Nagasaki? How has the results of the Hiroshima and Nagasaki atomic bombing affect the lives of the survivors? What would happen if America wasn’t part of WWII? 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Together they had seven children. He was born into a more respected family. Tojos mother was the daughter of a Buddhist priest. He was Shinto and Buddhist. Shinto is a set

Selections from Annie John Free Essays

The passage entitled â€Å"Selections from Annie John† was written by Jamaica Kincaid. In this extract it tells of the life of a young girl and her relationship with her mother. It begins with her stating clearly how being with her mother was an important part of her life. We will write a custom essay sample on Selections from Annie John or any similar topic only for you Order Now This was followed by narrating the things they did together. She would help her admirable mother to cook and clean. She then goes into detail of what and how things were done in regards to helping her mother with the cooking and cleaning. In the following paragraph she vividly describes her mother and briefly mentions her father. As the narrator is with her mother she tells of how they would spend time by her mother telling her stories of her past. During this past time is where the daughter showed her mother the most affection by leaning on her mother and sniffing her and gazing at her mothers’ beauty. She truly loved her mother for all that she was. As the excerpt progresses the narrator becomes a little older and goes through puberty. During this stage she begins to see new sides of her mother and herself; which, to the narrator were not good sides at all. She didn’t recognize the response she got from her mother as the same woman she grew up loving. Ultimately one day she was confronted by her mother one day coming home late from school. She tried to lie and her mother knew the truth and exposed it. Vicious words were exchanged and in the end this love she had for her mother as a youth has slowly been deteriorated. Her mother ends her rebellious thoughts with a comment that makes the narrator go deep into thought and realises that there is going to be a gap between her and her mother after this day. This extract is a very good example of difficult it is to maintain relationships with parents. I clearly agree with Kincaid’s idea. Her idea shows how easy it is to admire and have good relationship with your parents for years and how one moment can destroy all that was built. All forms of admiration you can have are presented in the passage. The description of the bond between the persona and the mother seems to be unbreakable. How Kincaid presents the theme is very effective. Who would have thought after all the praise of her mother and time with her it would end in that way. It was a shocker. It allowed me to feel bad for the young girl. This also shows how a young person’s disrespect to a parent can negatively impact the way the parent looks at the child. When the daughter said â€Å" well like father like son. Like mother like daughter. † If it wasn’t for that act of disrespect her mother would have probably scolded her and tell her how to do right. After that if I was a parent I wouldn’t even care about helping that child anymore. A lot of young people who are going through puberty think they have already â€Å"made it† and become very disrespectful at times. This can be seen in any teen. I can say this because I was the same way. For every negative comment towards me, was a response to justify or nullify what was said. It’s normal for teens to be rebellious during this maturity stage. This was another bonus for Kincaid to have me on her side. This situation more than likely happens every day. It’s real. On the other hand it also shows how each one of us will mature and we will be treated differently. Not only Kincaid’s passage shows the difficulty in maintaining relationships with parents but it is also an eye opener to young adults as to why we were treated like that at our age. We must learn that as we get older we change and we must act accordingly. This is another serious factor that Kincaid presents. The changes in youth during their adolescence age when these changes occur to the body are quite serious for young children. They don’t know what to do or how to treat these changes. I am fortunate enough to be a boy so my changes weren’t anything too drastic to get help with. However for young girls they have to worry about a lot and as Kincaid present this it is an issue I think is very important for girls to be taught to expect and treat with care. This may also be a reason as to why the subject of Kincaid passage acted in such a manner. Over all the issue kincaids passage presents are all relevant and informative if you read to take what is occurring into consideration. How to cite Selections from Annie John, Essay examples

Decision Making and Implications Human Resources Development

Question: Discuss about the Decision Making and Implications for Human Resources Development. Answer: Introduction: Making an accurate decision or judgement is not a very easy task. It involves lot of complexities such as gathering of information, processing the same and based on the result decision is taken. But the question that remains unanswered is whether the information gathered and processed are free from any biasness. Decisions and information collection all are dependent upon human minds. It is a minds game. We think and arrive at conclusions basis our own judgemental emotions, experience and prejudices. Thus there are various factors that distort an individual as well as an organizations ability to collect and refine the information and take decision which is accurate (Bauer Erdogan, 2001). First and foremost the most important factor is the failure of an individual as well as an organization as a whole to consider all the facts and figures available while making decisions. People and decisional groups become very selective with regards the data available. We have a single dimensional view while looking at things and this limits our perspective of looking at all the available evidences in detail. This factor can take any of the two forms. Either a person will consider only the positive aspects of information which will satisfy its requirements thus waving off the negative aspects in totality. And second is consideration of only negative aspects and discussing over them while ignoring the positivity of the evidence. Thus this distorts the ability to take a balanced and an unbiased decision (Korte, 2003). People many a times are seen to arrive at a conclusion based on a piece of evidence, thus ignoring the entire sample data. This leads to arriving at a general consensus which may not be accurate. The main reason for distortion in this scenario is inability to interpret samples by integrating them as a whole (Lovallo, Sibony, 2006). Another very important factor which cannot be dismissed is polarized thinking which leads to looking at only one side of the coin. Individuals and organizations fail to analyze both sides of the situation and conclude by looking at things in a linear manner as in they are either black or white, good or bad or all or nothing. Because of this misleading notion one ends up arriving at such rules and regulations which are irrational and disagreeable to the masses. This myth leads to missing out of opportunity to take sound decisions when it is possible to break down the complex elements of a data into simpler ones and take faster decisions during times of need. Every piece of bad news is not harmful should be inculcated into the minds of the individuals which would help them personally as well as professionally. This limitation which is set in the minds of humans also is a major limiting factor for taking sound decisions. (Workingresources.com. 2016) As is rightly said it is a minds game, thus mind reading is a very important factor which also contribute to such fallacies. We often conclude basis what is clearly visible from our naked eyes without even looking at other possible alternatives which may be visible if looked in depth. This is known as Fundamental Attribution Error where one interprets ones action wrongly. We often tend to neglect the information which is representative in nature. Focus is only on the evidences which lead to negative conclusions and thus positive views or extracts are ignored. This attribution effect limits the persons viewpoint to look at the cause of occurrence and just concentrate upon the effect of the action. Our judgement becomes so biased that we judge people sitting on the other side of the table basis their behavioural patterns and judge ourselves basis our purpose (Nead, 2015). Organizations decisions are often affected by the personal whims and fancies of the individuals. The ego enlarges to such an extent that one cannot look beyond himself or herself. They have a mindset of taking everything upon them and find everything else around to be opaque. This leads to forming rules which are only favouring them. They become self centred (Wilson, Brekke, 1994). Lack of confidence in some individuals leads to overestimation or underestimation of their own calibre. This leads to a loss of control. Often the people around tend to take advantage of this fallacy. Controlling of emotions such as anger is a must else it tends to hamper your judgemental thinking. Resentment is a negative attribute which should be overcome by making oneself informed and not acting basis incomplete communication of information. Thus lack of proper communication channels leads to development of such distortions (Gutnik et al. 2006). An individuals reasoning capacity is highly influenced by its emotional quotient. Thus any piece of information should be adequately analyzed before arriving at any decision. Adhoc decisions often is misleading and false. Stubborn nature influences an individuals behaviour as well as the behaviour of the organization as well. Believing on the fact that one cannot be wrong is egoistic nature which may lead to disasters specially if such a thinking is imbibed into the minds of the ultimate decision makers of any organization (Dietrich, 2010). Lastly the concept of let bygones be bygones should be followed in tact. Organizations often consider sunk costs as costs which cannot be recovered while making any economic and business decisions. Considering sunk costs while taking any decision leads to distortion. The decision will not accurate and instead of viewing the future one is seen stuck with the past. Unfortunately human beings have this habit of considering their past investments without considering the future of the investment. It is known that sunk costs are irrecoverable in nature yet the myth exists and people continue to try to recover what they have lost. Thus these factors are very influential in enabling a person to take informed decisions. They often lead to distortion and thus biased and imprudent decisions. However it is to be understood that one can easily try to overcome these fallacies if adequate efforts are put in by the individuals as well as the organizations. Let us take a small example of a politicians speech during a rally. Do we actually agree to whatever he says or promises in its face value? The answer is no. Some judgement is exercised before arriving at a conclusion. Thus one should think critically before arriving at any solution trying to keep the biasness away from the loop. This helps to resolve problems why discussing situations from all angles and not from only one side which is favourable for the decision maker. Critical thinking helps to think about the management, the organization and the society as a whole rather than just thinking about satisfaction of self. It is impossible to eradicate the emotional quotient fully however the critical thinking factors in the element of biasness. It simply prefers one to keep the biasness in mind but at the same time slants th e preference towards honesty. It is more inclined towards resolution of problem rather than just giving importance to emotions. Critical thinking is one of the most preferable way of resolving this problem of lack of accuracy in judgements due to biasness. It even helps a person or an organizational groups emotional quotient to control and behave in a rational manner which would benefit the society as well. Critical thinking cannot become a part of an individual automatically. The same has to be nurtured by self as well as the organization. They should keep training programs on a continuous basis for the same, conduct assembly sessions within the small teams that are there in an organization and explore the abilities of the employees towards critical thinking which will benefit the employees in their professional as well as personal lives (Wolf, 2012). Further the individuals and the organizations as a whole can put in efforts to overcome the Fundamental Attribution Errors as well. They need to learn and develop the attitude of empathizing with the people around and their situations rather than sympathizing with them. By doing so the decisions taken become less prejudiced and one thinks keeping oneself in the shoes of the other person (DeSteno et.al. 2004). Further to this understanding the cultural diversity is another important method to waive the distortions that occur while arriving at decisions. People from varying cultures are a part of any organization, between that it is very important to keep in mind the same before arriving at any conclusion .Also working with a team which is diverse in nature enables one to think in a more rational manner (Richeson, Nussbaum, 2004). In view of the above it is very evident that the vulnerabilities in making decisions lies in the very ability to take decisions by human beings. It is their behavioural patterns which proves whether justice is done while arriving at a particular consensus. Its impact can be minimized even by other ways and means also such as by seeking opinion from external resources so as to be over sure about ones own decision. External agencies are generally unbiased as they have no direct interest in the organization or the individual. Another very important way is to appreciate the efforts of the employees which would encourage them to take more sound decisions for the organizations welfare. Also people who make mistakes should be enlightened about the same rather than penalizing them. Sessions should be held and discussions and re-discussions should be done for resolving graver issues so that bouncing back of problems will help to bring out newer sides of the problem which may be positive as we ll as negative (Mindtools.com, 2016). It is very crucial for companies to understand that it is the organizational behaviour that puts any organization at risk rather than occurrence of any contingent event. Eminent scholars have also proposed that amongst others, awareness is one such way to ensure that biasness is eliminated while arriving at a decision, however it is not applicable at the top and middle level management of any organization which has a more complex structure. The same is helpful at the lower levels where the decisions are minor and there biasness is very ineffective for the organizations goals and aims (McGinnis, 2007). Individuals who are a part of organizations are held to be mature enough. Thus they should also take steps on their own to minimize biasness in their work by working upon ones capability to judge without prejudice. They should make a deliberate attempt to look at situations from a neutral view point. This is although a sort of self awareness but the same is also to be supported by the organizations itself. The companys protocols should ensure visiting of various decisions of all levels. Individuals and organizations should make an effort together to find out the reasons for bias decisions and take steps for its removal from the scenario so that accuracy can be maintained. For this timely reviews should be conducted which would also inculcate a discipline amongst the employees that anything which is not exemplary or in line with the organizations requirement can cost them. Although self check is the best check but there are times when the same is not possible. It is then when feedback from others should be welcomed in a healthy manner and the organization should also contribute in it by ensuring that it does not give rise to any negative or false environment (Rudman et al. 2001). Thus from the above context it is very clear that judgements are coupled with biasness which effects its accuracy and acceptability. Individuals belonging to any cadre of an organization should ensure that personal fractions should not dominate ones decisions. Further decisions should not be taken in haste. Proper investigation and interrogation is required and team should comprise of all the members and not restricted to only a few powerful of them. All the voices raised should be heard and decisions which are best in the interest of the organization should only be taken. Thus biasness is although present and data even though collected is accurate the same can be addressed only with a joint effort on the part of the individuals as well the organization itself. References: Bauer, T., Erdogan, B., (2001), Organizational Behaviour, Available at : https://catalog.flatworldknowledge.com/bookhub/3?e=bauer-ch11_s01 [Accessed 16th August 2016] DeSteno, D., Dasgupta, N., Bartlett, M., Cajdric, A. (2004). Prejudice from thin air: The effect of emotion on automatic intergroup attitudes. Psychological Science, vol. 15, pp. 319-324. Dietrich, C., (2010), Decision Making : Factors that Influence Decision Making , Heuristics Used and Decision Outcomes, Inquiries Journal , vol. 2 no.2. Gutnik, L.A., Hakimzada, A.F., Yoshkowitz, N.A., Patel, V.L. (2006), The role of emotions in decision making : A cognitive neuroeconomic approach towards understanding sexual risk behaviour, Journal of Biomedical Informatics, Vol. 39, no. 6, pp. 720-736 Korte, R.E., (2003), Biases in Decision Making and Implications for Human Resources Development , Advances in Developing Human Resources, vol. 5, no. 4, pp. 440-457 Lovallo, D.P., Sibony, O. (2006), Distortions and deceptions in strategic decisions, Available at : https://www.mckinsey.com/business-functions/strategy-and-corporate-finance/our-insights/distortions-and-deceptions-in-strategic-decisions [Accessed 16th August 2016] McGinnis, S.K., (2007), Organizational Behaviour and Management Thinking, Jones and Barlett Publishers Mindtools.com, (2016), Avoiding Psychological Bias in Decision Making, Available At : https://www.mindtools.com/pages/article/avoiding-psychological-bias.htm [Accessed 16th August 2016] Nead, N., (2015), Overcoming Organizational and Individual Biases, Available at : https://investmentbank.com/overcoming-organizational-and-individual-biases/ [Accessed 16th August 2016] Richeson, J., Nussbaum, R. (2004). The impact of multiculturalism versus color-blindness on racial bias. Journal of Experimental Social Psychology, vol. 40,pp. 417-423. Rudman, L., Ashmore, R., Gary, M. (2001). Unlearning automatic biases: The malleability of implicit prejudice and stereotypes. Journal of Personality and Social Psychology, vol. 81, pp. 856-868. Wilson, T. D., Brekke, N. (1994). Mental contamination and mental correction: Unwanted influences on judgments and evaluations. Psychological Bulletin, vol. 116, pp. 117-142. Workingresources.com. (2016), The 8 Traps of Decision Making , Available at : https://www.workingresources.com/professionaleffectivenessarticles/the-8-traps-of-decision-making.html [Accessed 16th August 2016] Wolf, R.F., (2012), How to Minimize Your Biases When Making Decisions, Available at : https://hbr.org/2012/09/how-to-minimize-your-biases-when [Accessed 17th August 2016]

Battle of Island Number 10 in the Civil War

Battle of Island Number 10 in the Civil War Battle of Island Number 10 - Conflict Dates: The Battle of Island Number 10 was fought February 28 to April 8, 1862, during the American Civil War (1861-1865). Armies Commanders Union Brigadier General John PopeFlag Officer Andrew Foote6 gunboats, 11 mortar raftsapprox. 20,000 men Confederates Brigadier General John P. McCownBrigadier General William Mackallapprox. 7,000 men Battle of Island Number 10 - Background: With the beginning of the Civil War, Confederate forces began making efforts to fortify key points along the Mississippi River to prevent Union attacks south. One area that received attention was the New Madrid Bend (near New Madrid, MO) which featured two 180-degree turns in the river. Located at the base of the first turn when steaming south, Island Number Ten dominated the river and any vessels attempting to pass would fall under its guns for protracted period. Work commenced on fortifications on the island and adjacent land in August 1861 under the direction of Captain Asa Gray. The first to be completed was Battery No. 1 on the Tennessee shoreline. Also known as the Redan Battery, it had a clear field of fire upstream but its position on low ground made it subject to frequent flooding. Work at Island Number Ten slowed in the fall of 1861 as resources and focus shifted north to the fortifications under construction at Columbus, KY. In early 1862, Brigadier General Ulysses S. Grant captured Forts Henry and Donelson on the nearby Tennessee and Cumberland Rivers. As Union troops pressed towards Nashville, the Confederate forces at Columbus came under threat of being isolated. To prevent their loss, General P.G.T. Beauregard ordered them to withdraw south to Island Number Ten. Arriving in late February, these forces began work to strengthen the areas defenses under the guidance of Brigadier General John P. McCown. Battle of Island Number Ten - Building the Defenses: Seeking to better secure the area, McCown commenced work on fortifications from the northern approaches to the first bend, past the island and New Madrid, and down to Point Pleasant, MO. Within a matter of weeks, McCowns men built five batteries on the Tennessee shore as well as five additional batteries on the island itself. Mounting a combined 43 guns, these positions were further supported by the 9-gun floating battery New Orleans which occupied a position at the western end of the island. At New Madrid, Fort Thompson (14 guns) rose west of the town while Fort Bankhead (7 guns) was built to the east overlooking the mouth of a nearby bayou. Aiding in the Confederate defense were six gunboats overseen by Flag Officer George N. Hollins (Map). Battle of Island Number Ten - Pope Approaches: As McCowns men worked to improve the defenses at the bends, Brigadier General John Pope moved to assemble his Army of the Mississippi at Commerce, MO. Directed to strike at Island Number Ten by Major General Henry W. Halleck, he moved out in late February and arrived near New Madrid on March 3. Lacking the heavy guns to assault the Confederate forts, Pope instead directed Colonel Joseph P. Plummer to occupy Point Pleasant to the south. Though forced to endure shelling from Hollins gunboats, Union troops secured and held the town. On March 12, heavy artillery arrived in Popes camp. Emplacing guns at Point Pleasant, Union forces drove off the Confederate vessels and closed the river to enemy traffic. The following day, Pope began shelling the Confederate positions around New Madrid. Not believing that the town could be held, McCown abandoned it on the night of March 13-14. While some troops moved south to Fort Pillow, the majority joined the defenders on Island Number Ten. Battle of Island Number Ten - The Siege Begins: Despite this failure, McCown received a promotion to major general and departed. Command at Island Number Ten then passed to Brigadier General William W. Mackall. Though Pope had taken New Madrid with ease, the island presented a more difficult challenge. The Confederate batteries on the Tennessee shore were flanked by impassable swamps to the east while the only land approach to the island was along a single road which ran south to Tiptonville, TN. The town itself was sited on a narrow spit of land between the river and Reelfoot Lake. To support operations against Island Number Ten, Pope received Flag Officer Andrew H. Footes Western Gunboat Flotilla as well as a number of mortar rafts. This force arrived above the New Madrid Bend on March 15. Unable to directly assault Island Number Ten, Pope and Foote debated how to reduce its defenses. While Pope desired Foote to run his gunboats past the batteries to cover a landing downstream, Foote had concerns about losing some of his vessels and preferred to commence a bombardment with his mortars. Deferring to Foote, Pope agreed to a bombardment and for the next two weeks the island came under a steady rain of mortar shells. As this action ensued, Union forces cut a shallow canal across the neck of the first bend which allowed transport and supply vessels to reach New Madrid while avoiding the Confederate batteries. With the bombardment proving ineffective, Pope again began to agitate for running some of the gunboats past Island Number Ten. While an initial council of war on March 20 saw Footes captains refuse this approach, a second nine days later resulted in Commander Henry Walke of USS Carondelet (14 guns) agreeing to attempt a passage. Battle of Island Number Ten - The Tide Turns: While Walke waited for a night with good conditions, Union troops led by Colonel George W. Roberts raided Battery No. 1 on the evening of April 1 and spiked its guns. The following night, the Footes flotilla focused its attention on New Orleans and succeeded in cutting the floating batterys mooring lines leading it to drift away downstream. On April 4, conditions proved correct and Carondelet began creeping past Island Number Ten with a coal barge lashed to its side for added protection. Pushing downstream, the Union ironclad was discovered but successfully ran through the Confederate batteries. Two nights later USS Pittsburg (14) made the voyage and joined Carondelet. With the two ironclads to protect his transports, Pope began plotting a landing on the east bank of the river. On April 7, Carondelet and Pittsburg eliminated the Confederate batteries at Watsons Landing clearing the way for Popes army to cross. As Union troops commenced landing, Mackall assessed his situation. Unable to see a way to hold Island Number Ten, he directed his troops to begin moving towards Tiptonville but left a small force on the island. Alerted to this, Pope raced to cut off the Confederates sole line of retreat. Slowed by fire from the Union gunboats, Mackalls men failed to reach Tiptonville before the enemy. Trapped by Popes superior force, he had no choice but to surrender his command on April 8. Pressing forward, Foote received the surrender of those still on Island Number Ten. Battle of Island Number Ten - Aftermath: In the fighting for Island Number Ten, Pope and Foote lost 23 killed, 50 wounded, and 5 missing while Confederate losses numbered around 30 killed and wounded as well as approximately 4,500 captured. The loss of Island Number Ten cleared the Mississippi River to further Union advances and later in the month Flag Officer David G. Farragut opened its southern terminus by capturing New Orleans. Though a key victory, the fighting for Island Number Ten was generally overlooked by the general public as the Battle of Shiloh was fought April 6-7. Selected Sources History of War: Battle of Island Number 10CWSAC Battle Summary: Battle of Island Number 10New Madrid: Battle of Island Number 10

Coca

Coca Coca-cola and Swot Analysis Essay Week2 Discussion 1 Business Decisions (graded) According to the text, planning has four benefits for managers. What are they? How does your current/former organization measure up with respect to planning? Planning has four benefits for managers. What are they? 1. provides direction to managers and nonmanagers. 2. Reduces uncertainty by forcing managers to look ahead, anticipate change, consider the impact of change, and develop appropriate responses 3. Minimizes waste and redundancy. When work activities are coordinated around plans, inefficiencies become obvious and can be corrected or eliminated. 4. Establishes the goals or standards used in controlling. When managers plan, they develop goals and plans. (Robbins & Coulter, 2013, p. 200) How does your current/former organization measure up with respect to planning? With my current employer we do some short term planning. As it helps us to be prepared for important dates, or especial occasion. As a Radio Production Company we have to draw positive attention to our company and be one step ahead of the competition. Having a plan does help everyone in the team to stay on track and avoid wasting time. But I do have to say, sometimes our planes have to flexible enough adapt to the conditions. ______________________________ Business structure will determine how well a business will compete. What are the characteristics of a company with an organic structure and a company with characteristics of a mechanistic structure? Give an example of a contemporary company that fits each structure. Mechanistic organization: An organizational design that’s rigid and tightly controlled. Examples of mechanistic structures include healthcare, universities, and governmental organizations. Organic organization: An organizational design that’s highly adaptive and flexible (Robbins & Coulter, 2013, p. 342) are conducive to entrepreneurial behavior and innovativeness, where employees are asked to perform duties based on the specific needs of the organization at the time as well as their own expertise levels. ______________________________ Class, How do operational business decisions differ from strategic and tactical decisions. What level of management is responsible for each category of decision? ______________________________ What is the difference between single-use plans and standing plans? What are some examples of each at your work place? A single-use plan is a one-time plan specifically designed to meet the needs of a unique situation. For instance, when Walmart wanted to expand the number of its stores in China, top-level executives formulated a single-use plan as a guide. In contrast, standing plans are ongoing plans that provide guidance for activities performed repeatedly. Standing plans include policies, rules, and procedures. (Robbins & Coulter, 2013 p.224) For example in job, the process we have to follow every time a new client is signed up with any of our services, or when a client decides to cancel the service that would be a standing plan, because its always the same process. A single-use plan could be a promotion that we’re its only running for certain time (month of Sep). ______________________________ Discussion 2 Performing a SWOT Analysis I am doing Coca-Cola for my SWOT analysis and would like to share my quick analysis Strength- globally recognized brand in carbonated beverages Weakness- focus on carbonated drinks and negative publicity. Opportunities- Increase demand for health drinks. Threats- Changes in consumer preferences. Coca-Cola is the world's largest soft drink company based on Atlanta, Ga. Coke has been in has been in business for 125 years with a global reach with presence in over 200 countries and very Strong financial condition. This is an important question that relates to

Two cases write up Coursework Example | Topics and Well Written Essays - 1250 words

Two cases write up - Coursework Example The first group comprising of 12 million investors want to pass on investment decision burden on other. The next group consisting of 3 million investors are able to take their own investment decisions. The leftover 15 million investors need proper advice and education for investment proposes. The primary requirement of the customers of Schwab is price and the corresponding security of their invested money. Trust is the most important component that builds customers’ confidence, which can be achieved by providing quality services. Therefore, the customers want lower price from Schwab for the services, information and advice it provides regarding the investment. The business model for Charles Schwab Corporation is based on transaction. The core operation area of the company is to provide services to the investors. The services provided by Schwab can be termed as financial services for investment purposes. Specifically, it provides financial services related to security brokerage. In order to develop conventional business model, it has introduced several innovative technology in service model to cater to its customers. This has lead to significant growth of the company. For convenient services, it has developed ‘telebroker’, ‘Schwablink’, ‘eSchwab’ and ‘onesource’. Schwab generates its revenue from the brokerage commission paid by its client for investment transitions. With the help of its conventional business model, it has been able to offer services like brokerages at a lower commission. In 1991, it became famous as low-cost broker. It made forward integration by purchasing Mayer and Schweitzer which helped the company to reduce bid-ask spreads. The company earns around 50% of its revenue from its commissions, 13% from principle transaction and rest from mutual fund services and interest revenue. During the late 1990s, the popularity of the internet increased significantly which revolutionised

'Many see globalization as an opportunity for international business, Essay

'Many see globalization as an opportunity for international business, but it is clearly a threat.' - Essay Example On the contrary, some associate globalization with hostility and even fear believing that it raises the issue of inequality between and within nations that threatens employment and living standard, thereby thwarting social and economic progress (Wolff, 1998). Globalization has often been considered as a cradle of the global economic development. Globalization, a so-called ‘world liberator’, has not escaped controversies and criticisms as researchers, business officials, country leaders has often claimed that it has been the main cause of social evils and rising levels of poverty in developing countries. It cannot be denied that globalization offers wide-ranging opportunities for worldwide development. However, the development is not progressing evenly (Wellington and Zandvakili, 2004). Some countries have been able to integrate well with the global economy whereas some have not. The countries that are not being able to integrate well with the advent of globalization are actually being affected by the threats that the world liberator poses. During the 70s and 80s, countries in Africa and Latin America pursued globalization oriented policies that fostered the growth of international business. However, that led to adverse effects that the countries had faced. The economies of the respective countries either declined or stagnated to some extent (Abeles, 2001). The countries became poverty-stricken and high inflation became the norm. The adverse external developments in these countries made the problems even worse (Turiel, 2002). The crisis that occurred in the emerging economies during the 90s made it quite evident that the opportunities of globalization come with its fair share of threats and risks. The risks that arise are mainly due to the globalization of international business (Lloyds, 2010). These risks that countries have been getting exposed to are primarily because of unpredictable capital movements as well as due to social, economic and envir onmental degradation (Wall, Minocha and Rees, 2010). Globalization, which is thought to be the catalyst behind augmenting integration of local, domestic and international business/markets, is facing several headwinds which may reverse its course completely. This might decelerate the world economic growth and corporate earnings (Mourdoukoutas, 2012). Whether globalization offers extensive opportunities to international business or poses substantial threats to international business is a controversial issue and has often been associated with many debates by world leaders, researchers and economists (Buckley and Ghauri, 2004). Thus, this forms the ground work of this study where the threats posed by globalization to international business will be discussed in details in the following section/sections. Finally, an overall conclusion of the discussions will be provided. Globalization as a threat Threat to the workforce As far as the effects of globalization on international business are concerned, it poses significant threats to the development of the global business environment (Paul, 2008). The effortlessness with which individuals can move from one country to another has proven to be a threat to the scale of professional expertise and skill for businesses in developing countries. Professionals who are highly qualified and possess superior skills migrate to developed countries particularly because they are assured with better pay and incentives (IMF, 2000). As a result, businesses in the developing economies are now experiencing the scarcity of qualified and skilled professionals required to run a profitable business. This is a severe threat that

Social Media For The Promotion Of Burberry Products

Social Media For The Promotion Of Burberry Products This report consists of a complete analysis of the marketing strategies that Burberry should use for the next 5 years to maintain its current market position. The main focus of this report is on making use of the Social media for the promotion of Burberry products. Case Solution Contents Executive Summary The key issues in this case are the deteriorating position of the brand which started of very successfully in 1856 as a retail store. Burberry then gave its licensing to other distributors and gone through acquisition later on it went global but it ruined its brand position and consistency Its distribution, branding media selection and pricing was not maintained. Again in 1990s the brand faced severe positioning issued when it moved to Asia and company hired a new CEO and new management took over the company to rejuvenate companys product line, pricing, and its standing. They made brand innovative, changed the target market and made the licensing very strong. They made the companies enjoy the boom but further decisions of line extension were still a matter of concern for the company. The actions they should take are the proper market survey and Research for the new product; they should carry out proper likeness test for the new brand. It should prudently define its distribution strat egy along with the media strategy. They should go for proper planning before launch of new perfume and other brands this brand can be proved to be very successful if they would make it according to the taste of the target customers. Introduction: The company was established in 1856 as fabric retailer it gone through extensive brand extension in two decades through licensing and globalization, it made numerous distributions channels and operated in numerous countries. Company was purchased by GUS (Shipping Corporation) in 1955, it went through global extension in 1970s and before that it went for IPO (Initial public offering) of the shares. In 1990s company got lesser control on the licensing and distribution channels and they went into extensive brand line extension decisions which had a negative impact on the companys performance , quality focused was lost and company decided to change its positioning and licensing strategy along with the management. CEO got changed and Rose Marie Bravo took charge of the company and she changed the team and hired those who were fashion oriented and who knew the latest trends, she successfully made the company as one of the premium leading brand again , She proved to be the best CEO in year 2005. And the company went into numerous strategic decisions in her era and this era was considered as the best era for the company. Now the new strategic decision by the company to go through is line extension, brand extension and market extension. Next portion of the report deals with the Marketing Mix , analysis of environmental factors and decisions of companys strategic moves to make it market leader by proper positioning strategy. Marketing Mix: This portion of the report deals with the product, pricing placement and distribution strategy of the product. Product: Product line was very narrow in the beginning they started off with a fabric retail store then they produced a fabric that was breathable fabric they moved into the fabric for uniform of army in world war and this was the basic positive strategic move of the company. They went for diversification the later years they had numerous brands and products. They followed traditions with innovations and tried to follow same patterns. Pricing: It was a premium brand and their cost and prices were high but later on with their loose licensing policy and extension there was in consistency in their prices which made companies image bad. It was perceived as an ordinary brand. Later on management worked on Premium pricing strategy to make its positing and perception better in the market. Placement and distribution: Companys distribution was entirely based on licensing and company owned stores, initially it was following Exclusive distribution strategy, then it moved to extensive distribution strategy which ruined the brand image later on they went for selective distribution strategy and made strong control on licensing and distribution. Promotion: In initial days promotion was the biggest issue company positioned itself as the premium product and advertised by using the selective media in the beginning. Later on when the company went global it faced many issues in its promotion , media selection was not proper in other companies which ruined the brand image, later with Rose Bravo and its new team more promotional activities were carried out. They hired new photographer, new agency and new media team; they launched new campaign and advertised in good magazines. They endorsed their products through several means. Celebrity endorsement was one way. They changed Company name and logo to give it a novel effect and made it innovative by changing its packaging. Environmental Analysis It is evaluation of the probable impacts of external and internal forces and conditions and their effect on the survival and growth of the company, so there are numerous factors that affected the companies positioning and branding lets discuss all of the factors in detail along with companies competitive advantage and Unique selling proposition. BCG Matrix According to the BCG matrix the product was in question mark stage in Asian countries as the market share is low because of bad economic condition, in some countries it was a Cash Cow and in UK and US this brand is proved to be Star with the high market share and high growth potential. Porters Five Forces: Porters five forces in this case can evaluate Burberrys position in the market as compared to its competitors, suppliers and customers. Suppliers Bargaining Power: It was a British based company and it was into production of its own fabric so in its case suppliers power was not the major issue. Initially it was not facing any problem and there was consistency in its suppliers and it continued in the later years as well. So we can say that in this case Suppliers power was very low. Customers Bargaining Power: Customers bargaining power was also low in this case because the product was standardized and it was a premium brand with premium quality so customer had lesser bargaining power. Substitutes: Substitutes were the basic threat for the company as there were numerous products in the market that can replace the use of Burberrys products but its breathable cloth was the best one still they had to make their products outclass to combat the threat of substitutes by positioning their product as those which simply have no comparison. Rivalry: Rivalry and competition was strong. Foreign and Local companies were striving for share. Numerous brands were there in the markets which were offering the same products. And pirated products made more problems in Asia and other countries where there are lesser laws on pirating Entrants: The barriers to entry were very low as any company can jump into the line of fabric as the initial cost is very low but competing with a brand like Burberry was the basic concern for the companies. Rivalry Intense competition (High) Competitive Advantage: Companys competitive advantage was its patterns, styles originality quality, Symbol of royalty, luxury and durability. Company was in the business for more than hundred years and it had gone through many hard times but it tried to regain its competitive advantage and its originality till the end. The companies motive was to provide functionality along with class,, it tried to meet customer expectations till the present date. PEST Analysis: Political environment Political conditions did not have any impact on company standing as the policies of trade are seemingly pro-trade and there is no single evidence of political disturbance. Economic environment: Economic Condition was not very suitable for the company as this era was the era of recession so the company faced many points to take proper strategic decisions. It went thorough public offering and was being acquired by shipping company to sustain the business. Social environment Social environment was very good because people were more convenience and fashion oriented and they wanted innovation and stylish fabric which could also serve their functional need. Technological environment Company went through numerous technological changes by devising new ways of production of fabrics and efficient plants. SWOT Analysis: Strength, weaknesses, opportunities and threats we have identified from the case are given below. Strengths: Companies basic strength was it standing and its fame people used to trust the brand, it was more than 150 years old brand having extensive product line, its premium quality and trust it built up in years was its strength. Its functional fabric was its excellence. Weaknesses: The weaknesses of the brand are its perception. It was perceived as a conservative brand having old customers and no innovation, its price and distribution inconsistency made more problems . Its image was eroding. Marketing plan and positioning was up-to-the mark. Opportunities: They have heritage and strong brand association. They can invent new product lines. They have capital so they can start with new products and can cater the needs of several markets. Global dealing with proper licensing was the biggest opportunity. Threats: The biggest threat for the company was the wrong strategic move, company had to compete in the market as many brands were in the marketing offering the same products . Corporate Strategy Ownership: Company had a single retail store in the beginning, then it went through the process of licensing and to Mitsui and Sanyo in Japan, then in went to Public offerings and global stores and distributions through wholesalers and retailers in year 1970, In year 1990 it took extensive licensing which proved to be damaging and later on after the change in management they made this licensing policy very aligned to the company policy. Now the company has 3162 wholesales, 434 departmental stores, 2728 specialty stores and its planning to have market extension in coming decade as well. Target Market and Positioning Strategy: Initially they targeted all age groups who belonged to all occupation groups, then with the deterioration of the brand they left with the age group which was above 40 so company took strategic move and became fashion oriented to target the younger segment along with the old age people. Positioning strategy of the product was very good in the initially days , it was positioned as a premium brand and the brand of the adventurous people later on with its extension and weak licensing policies it went through numerous problems. It was endorsed thorough the adventurous people initially then its perception of quality and consistency went bad and later on with the change of management it was positioned as the product of sporty people. Extensive Research and Development: It is evident from the success of the brand that Burberry has had a very strong Research and Development (RD) in the past. The higher management should ensure that before the launch of a new product in the market the marketing department is fully aware of the market the brand intends to target in order to get the wanted response from the customers. It is very important to keep the image of Burberry as a luxurious brand intact. Suggestions: In order to address the problems faced by Burberry for launching new products and brand in the market, the company should use the following strategies: 1. Brand Extension Strategy: Burberry has now become a leading brand in the market. Burberry should make use of its Brand Name in order to develop an acceptance for the new and the upcoming products in the market. This would help Burberry to increase the Brand Equity. Burberry being a successful brand carries with it a very strong image with which the Burberry customers are highly associated. Benefits of using Brand Extension Strategy: There are a number of benefits attached to using the brand extension strategy which include the following: Use of Burberry as the brand name will help the new products save a lot of time that they would otherwise take to establish in the market. It would help the company to save the expenses of extensive advertising in case of new products. The customers perception of Burberry will help the new product to get easy attention from the existing customer base as well as the new customer. Risks associated in Using Brand Extension Strategy: Along with a number of benefits of using the brand extension strategy there are also a number of risks that are to be kept in mind while using this strategy. The risks include: A wrong use of the Brand Extension Strategy can affect the Image of Burberry negatively. Poor communication for the promotion of the new product or the brand can harm the Brand Equity of Burberry. 2. Stick to the Burberry Check Brand Identity: Burberry should not deviate from the check since it is the brands identity. The Burberry brand is recognized easily due to the check pattern. The customers strongly associate the check with the brand, so if the company decides not to use the check, it might end up in a gradual decrease in the customer base. The customers perception of the brand will get affected and hence it will destabilize the brand once again. Advantages: The use of Burberry check in the upcoming and new product has certain advantages which include the following: Customers association with the brand. Easy recognition of the brand will help the new products to gain popularity in lesser time. The image that Burberry has carried over the years will automatically be transferred to the new brand. Disadvantages: The target market will remain the same. 3. Use Social Media Marketing: Social media is one of the strongest platforms for marketing now days. It has now become the hottest trend. The brands with an online existence are much popular than the ones without an online standing. Burberry should make use of the social media platform for promoting its brand. This will help the brand to: Have an easy access to its target market. Since the target market of Burberry is the upper class, hence the best way to reach them is through social media. Through social media Burberry create the image that other forms of marketing strategies cant do. The social media platforms that Burberry should use include the following: Facebook: Facebook is one of the most used social media sites with over 300 million daily users from all over the world. The fastest growing age bracket of the Facebook users includes youth and the Facebook fan page should be created which should be properly monitored. The main objective of this campaign should be to get positive maximum exposure, increase fans on official fan page and ultimately make people come to the landing pages, for ensuring a sales conversion. To make this strategy successfully, Burberry should hire an agency to manage the fan page and hence keep it active through: Facebook Activities A dedicated team should be deputed to Burberry Fan Page which should be responsible of all the fan page related activities. An effort should be put to convert fans into potential leads and eventually customers. a) Fan Page Creation The company should create a Facebook fan page and bring in fans to create a community for Burberry serving as a platform to spread out the message to all the fans. b) Fan Page Promotion Burberry can have access to more than 200million fans over Facebook which can bring in maximum users and Burberry engage them through various activities. c) Status Updates A dedicated resource should be assigned to the page for the status updates on Fan Page. Statuses can be around The latest offers Social events conducted by Burberry Fan page activities like competitions etc. d) Content Dissemination Content on behalf of Burberry should be disseminated on fan page. More interesting the content is, more chances are there that a user/fan will share it on his/her own wall which then can be viewed by their friends which leaves a viral effect. e) Competitions and Polls Competitions should be run on behalf of Burberry to engage maximum traffic on Facebook and Burberry giveaways should be given based to the winners from those competitions. This technique creates a trust among all the fans and helps enable the users to interact more. f) Face Book Advertisements Ads with a potential of high CTR (Click through Rate) should be displayed on Facebook, to attract relevant audiences on the page and increase the number of fans. This will not only help in increasing fans, but will also give the brand needed exposure. Twitter Channel: Twitter is the new trend in the social media wave and gives a more personalized look to the social campaign. In this we will be creating a twitter account by the name of the designer through which: Burberry should be tweeting on Fashion happenings through Twitter Sharing Launch Dates Provide collection details Public Relation Activities Coverage Shows should also be promoted through Twitter YouTube Channel: A You tube channel integrated with face book, should be created, which should be used to launch and make the videos viral. In this Burberry should upload the videos of various events and shows. Some other high level activities in this category are as below: Videos of Fashion shows to be uploaded. This channel should be linked with both Facebook and Twitter. Launches and Exhibitions coverage should be uploaded. Conclusion: Although Burberry has a strong standing in the market but it needs to focus on the modern ways of marketing to main its position and keep its image as a luxurious brand intact. The marketing strategies that Burberry should be using to remain in the market would be the brand extension strategy and the creation of an online presence through different media that would include Facebook, LinkedIn, Twitter and YouTube. The competition nowadays have become a major hurdle in the growth of any brand so, in order to give tough time to its competitors Burberry should increase its research and development and should bring in innovation by introducing new products and extending the existing product lines

Product Design †analysis of the XBox 360 Essay

Introduction: The reason that I have chosen the Xbox as the item to do this project on is because of the following reasons. * It has several add-ons which can be used and are used on a constant basis * I am an Xbox owner myself and know its pros and cons and know a severe amount about it. Along with these reasons the Xbox 360 has an expandable memory for music and photos. On the Xbox you can save games to the hard drive which comes in very handy if your and gets scratched this is how you resolve it without having to buy a new game. The expandable memory on these consoles depends on the type of Xbox bought. For example the elite console has an expandable memory up to 250 GB. This 250 GB is for also watching and recording sky on just like the new sky plus box. You can record movies and keep on your hard drive to watch again and again. Aesthetics: The Xbox aesthetics are different depending on which version you buy. The Arcade and Premium versions of the Xbox 360 are very similar with a smooth rectangular shape with rounded edges and a big circular button in the centre with small green lights surrounding it. One is black (Premium) and one is white (Arcade) in colour with some green and silver areas throughout. The arcade is the cheaper of the two as it doesn’t have the same attachments and variety of facilities that the elite has but is more well known as the colour of the Xbox as being white as it is the most often bought. Although they each have a regular colour, people are able to buy any of hundreds of different covers which you can put on easily by yourself. Durability: The Xbox 360 console is not very durable. Beware of letting it fall as it will most definitely smash. Also beware of even letting it tip over as it may not break but it will break whatever game is inside it at the time it falls. This is called laser marks or scratches and is the problem that I had referred to earlier. Although the console cannot survive drops, the controller can survive the occasional drop. Consumer/ Users: The main consumers and users of the Xbox 360 are probably teenagers from about 13- 16. Although these are the most frequent users and buyers of the console, many grown men also buy the console. The Xbox 360 doesn’t appeal to most men but some are very keen on it. The users are also nearly always male as not many girls would find the Xbox interesting or even fun to use. Modifications: There are very few modifications that can be made to the Xbox 360. The first modification I would make to the console would be to do with the durability. I would make it so that it would not break with a slight fall. Another modification I would make would be to the heat given off from the console as it gives off an enormous amount. This could be resolved solved by inventing a fan used via a USB port on the back to keep it discreet. Thirdly the weight of the console is colossal weight weighing 3.5 kilograms which makes it highly importable. Safety: The Xbox 360 is extremely safe. It has rounded edges so that it is safe for little children who may hurt themselves. One unsafe feature of the console would be the heat outlet which could burn someone if they put their hand on it or even worse, start a fire if it is left on for too long. Secondly as mentioned before the weight of the console if it were to fall on a small child it would do serious damage or may even kill the child. Ergonomics: The Xbox 360 is designed to stand up straight on a flat surface. It is made to suit this environment. It can also be sat down flat but it takes up a larger surface area. The Xbox 360 controller is shaped perfectly to fit your hands and the headset that comes with it is designed to fit over any shaped or sized head. Also the microphone on the headset comes with an adjustable piee between the ear and the mouth allowing it to be adjusted to reach your mouth. Cost: The Xbox 360 when it first came out about 2 years ago cost around à ¯Ã‚ ¿Ã‚ ½200 for the arcade version, à ¯Ã‚ ¿Ã‚ ½250 for premium version and, à ¯Ã‚ ¿Ã‚ ½320 for the elite version. Since then the prices have come down quite a bit with the current prices at around; à ¯Ã‚ ¿Ã‚ ½130-140, à ¯Ã‚ ¿Ã‚ ½190-200, à ¯Ã‚ ¿Ã‚ ½250-260; depending on where you buy. It is well worth the money and you will get plenty of use out of it. Environment and Location: The Xbox 360 should be held in an open environment away from any water or liquid. It should be located quite high off the ground out of the reach of small children. It should also have room behind it do allow the fan to blow the hot air out without overheating. Size and Weight: The Xbox 360 is not that bid for the amount of components Involved in the making of it. It is around 1 foot tall, about 4 inches thick and around 8 inches wide. It is terribly heavy for a console and very awkward to move. Specifica tions: * Plays all Xbox 360 titles. * Wireless control with rumble * Xbox LIVE * 60GB hard drive * Multimedia compatible * Standard or HD graphics * Free and Premium downloadable game and entertainment content. * Support for DVD-video, DVD-ROM, CD-ROM and MP3 CD * Customizable face plates (picture below) * 3 USB2.0 ports * Support for 4 wireless controllers * Removable 60GB drive * Wi-Fi ready Conclusion: The Xbox 360 looks good and is a nice and attractive shape. It doesn’t have the best durability but nothing to worry about. There are very few modifications that could be made to it. It is safe and perfectly designed in every aspect of the console. It is quite large and heavy but is definitely worth the money. Overall in my opinion the Xbox is a great buy for anyone, young or old. Anyone who buys it will have great fun and get plenty of use out of it.

Growth In Writing

Writing is one of my favorite things to do. Expressing yourself is so much easier when given time to think about what needs to be said. I would like to believe that I have a very rich writing history. I keep a journal of all my daily events. I also keep a book close by so if I think of any poems I can write them down right away. My favorite piece of writing was a story that I wrote in my first semester English class. The name of the story was Fade. This Semester two of my classes will require me to turn in written assignments. This semester should not be two difficult in terms of how much writing I have to do. From my preliminary observations I can tell that I will have one short paper due in Art History 107 class. Although I only have one paper I have one paper, I have two essay exams in my History class. I believe that with some help the writing portion of this semester should be successful. The Art History paper has to be two pages long. I have to go to a museum and compare two of the exhibits to each other. Professor Cutis said that the first page of the paper should be talking about my reactions to the exhibits using the vocabulary that we learned in class. The second page should discuss the different time periods and there affects on how the critics might have critiqued the works of art. Also, we have to describe what kind of techniques the artist might have used and why. The most difficult part of this paper I believe will be trying to utilize the vocabulary that my professor wants us to use, and figuring out the right ways to critique the art. As for my essay exams in History, I have had a problem getting the right amount of details incorporated with the facts. I talked to my History professor and he said that the best way to know which details to add is to, read and re-read the notes from our lectures. I have been trying to take very detailed notes so it will not be a problem when the time comes for our first exam. To conclude, this semester seems like this semester will be smooth sailing when it comes to the writing aspect of my classes. I am hoping that with the help I receive from my writing class I can produce the best papers of my college career.

A comparison of US Bill of Rights and The Canadian Charter...

Former United States Attorney General Ramsey Clark wrote in the New York Times, A right is not what someone gives you; but what no one can take away. It is in this vein that a country drafts legislation to protect the rights of their inhabitants. In the United States there is the Bill of Rights, which consists of a preamble and the first ten amendments to the United States Constitution, 1787 . The Charter of Rights and Freedoms is the first part of the Canadian Constitution Act, 1982 . Both of these documents provide for the rights and freedoms that both countries see as inalienable to their respective populations. This is where the similarity between them ends. These documents are vastly different. They were crafted in different†¦show more content†¦The 8th amendment states, nor cruel and unusual punishments inflicted. S. 12 uses the word subjected. The difference is that S. 12 can be applied to matters other then criminal punishment, as seen in Rodriguez v. British Colombia [1993] 3. S.C.R. The documents were written at very different times and for very different purposes. Out of this arise many differences. The Bill of Rights has a long history entangled with that of the American Constitution. It was the anti-federalists attack on the American Constitution. Patrick Henry told the Virginia Convention, What can avail your specious, imaginary balances, your rope-dancing, chain-rattling, ridiculous ideal checks and contrivances. They demanded a more concise constitution that clearly laid out the rights of the people and the limitations of the government. James Madison wrote in his diary, that such fundamental maxims of free Government would be a good ground for an appeal to the sense of community against potential oppression and would counteract the impulses of interest and passion. The Bill of Rights that Madison passed was based heavily upon The Virginia Declaration of Rights. The Virginia Declaration was a document that was written during the British occupation. 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