Managing People for a Competitive Advantage Assignment

Managing People for a Competitive Advantage - Assignment recitationI didnt get any experience with the HR before but I can utter that our sponsorship does not have any idea about how to deal with us and they put lots of rules either day and every successive rule complements the preceding one.It was a negative experience because we do not know what they need from us and they dont know how to control our study. They frequently make and change the rules. They make us have a contract with them after we study when they do not have a particular proposition point to us or to what we would do after graduation.Normally, a business entrepreneur maintains a purloin human resource department in the company to take care of the need of the workforce, wherein, the HR director assumes the prime responsibility. In companies which do not have separate human resource departments, the General jitney likewise plays the role of HR Manager in addition to his/her main responsibilities as a GM.I have not elected to take this runway because it was the requirement for my graduation. The true reason for electing to take this course is that it is very important for me as it provides me with an opportunity to learn how to deal with others and motivate others to deliver their scoop in work.After taking this course, I expect to become a better manager in planetary and a better HR Manager in particular. One of the most essential skills one needs to be successful is the social skills the way one deals with others. This course will teach me the necessary skills and tactic to have best relations with people, so that I may be able to get the best out of them as a leader.I shall contribute to the class learning by sharing my thoughts, opinions, as well as personal experiences with the class related to various topics that we study along the way. I shall also do research at an individual level and share any useful documents that I dislodge with the class to promote learning.One thing tha t I have learned in the past which I think is most valuable in regard to humanresource management is that one should hark to all but do whatever one deems right oneself.

Islam in India. Research Paper Example | Topics and Well Written Essays - 1250 words

Islam in India. - Research Paper ExampleArabs were the first who were responsible to spread Islam in south- Asia. The first mosque which was built in India was built by Malik Bin Deenar in Kodungallurin in 612 C.E. during the time of illusionist Muhammad. Mappilas were the first community which converted to Islam. The role of sufis was of great importance in the spread of Islam in India. Sufism play an important role which greatly helped the Hindus to understand the Muslim faith.Hazrat khwaja muin-ud-din Chisti, nizam ud-din Auliya, Amir Khusro and many others trained the other sufis to send Islam in various parts of India. Islam is a organized religion which has the quality to co-exist with other religions.The muslim poets, writers, played a very important role to help india to fight against the British.Not only Muslim men hardly a lot of muslim women contributed against the struggle of freedom from the british.some of them include Bi Amma,Asghari Begum, Hazrat Mahal etc.The musl ims came to india in 711c.e.The Muslims established their capital at dehli by the 11th century.Many of the Mughal emperors were fanatic such as the Aurangzeb , during his reign the minorities suffered a lot because he forcibly destroyed the religious places of worship of other communities and built mosques on them but Akbar was liberal and this can be seen from the monuments which he has built .They represent different religions . The process of conversion to islam began in the 8th century which include hindus who belonged to lower class.Some of the british visitors were given permission by Akbar to stay in the eastern part of india but they misused their power and collabarated with the rajas and nawabs to fight against the mughals and muslim rulers and after fighting for almost two centuries, at utmost the british succeded and the mughal empire came to an end in 1857. The first War of independence was established in 1857 and in 1858 the Indian act was transferred to the British. I ndian National Congress was established in 1885 to strengthen relations with the british.In 1905 naval division of Bengal gave the Muslims a majority state. In the following year 1906, Muslim league was established.The downfall of the Mughal Empire greatly affected the muslims.Their laziness led to the downfall of Muslims in the sub-continent. Although Quaid-e-Azam was the embassador of hindu-muslim unity, he wanted to bring the Hindus and muslims snuggled but due to religious differences it became impossible. Both the nations thought that the other nation is harmful to them due to which the British took advantage and there existed more chaos and confusion among the two nations. On this basis the Muslims decided that for the egis of their culture, tradition, religion it is necessary to demand a separate homeland for themselves. A place where they could practice their religion without any fear.For this purose All-india muslim league was establihed so that the demands of the muslim s of sub-continent could be properly addressed.Allama iqbal presented the concept of a separate homeland.Sir Syed Ahmed caravanserai played an imporatnt role in re-awakening the muslims of the un-divided india. He wanted the muslims to get educated so that they would not be lefet behind as the hindus were extremely qualified.The muslims refused to learn english and the hindus knew english and therefore were given favourable positions in government. He wanted the muslims to realize that education has a lot of importance.For this purpose he established M.A.O (Mohammad Anlo oriental person college). The congress made a lot of mistakes which convinced the Muslims that they cannot live together.

Assignment 2 International Relations Essay Example | Topics and Well Written Essays - 1250 words

Assignment 2 International dealing - Essay ExampleThere are many other areas which can affect the peace in this world. In Egypt, the struggle for displacing the current president Hosni Mubarak has been succeeded at the time of writing this paper. Even though no bloody wars were conducted to expel Mubarak, many people died in the encounters between the police and the public. In short, peace is a complex entity which depends on so many factors. In a society where the discriminations with evaluate to race or gender exist, we cannot say that peace exists there. Same way in a society, where human rights start no meaning, we cannot say that peace exist there. In short, peace has so many dimensions. This paper analyses the dimensions of peace with respect to gender in general and that of the women in particular. Although gender roles change over time and are culturally dependent, gender is used as a benchmark to determine access and power, and is the rubric under which inconsistency is dependableified and maintained (CAPRIOLI M, n. d.p.163). In some cultures, women and men are enjoying al more or less equal status. In most of the Christian and Hindi communities, women and men are enjoying equal rights. In fact in Hindu community, women have slightly upper role than the men. However, in Muslim Patriarch societies, still women face serious brutalities. For example, Afghanistan is infamous for religious cardinalism. The patriarch Afghan Muslim society does not give any freedom to the females. In fact the Muslim females in Afghanistan are facing lot of brutal behaviours from the male counterparts. Multiple causes of personnel against women exist, yet inequality of power (domination and subordination) is a common denominator in all acts of violence (CAPRIOLI M, n. d.p.163). Baker (2010) has pen the story of Beebe Ayesha, wife of a cruel Afghan husband, whose nose and ear were cut off by the Taliban for trying to escape from her husbands house, in Time magazine The Taliban pounded on the door just before midnight, demanding that Aisha, 18, be punished for running away from her husbands house. They dragged her to a mountain clearing near her village in the southern Afghan province of Uruzgan, ignoring her protests that her in-laws had been abusive, that she had no choice but to escape. Shivering in the ice-cold air and blinded by the flashlights trained on her by her husbands family, she faced her spouse and accuser. Her in-laws treated her comparable a slave, Aisha pleaded. They beat her. If she hadnt run away, she would have died. Her judge, a local Taliban commander, was un locomote. Later, he would tell Aishas uncle that she had to be make an example of lest other girls in the village try to do the same thing. The commander gave his verdict, and men moved in to deliver the punishment. Aishas brother-in-law held her down while her husband pulled out a knife. First he sliced off her ears. Then he started on her nose. Aisha passed out from t he pain but awoke soon after, choking on her own blood. The men had left her on the mountainside to die (Baker, 2010). This story clearly shows that peace cannot be established in this world without ensuring equality to all. Aisha succeeded in getting her nose back after escaping to join Sates and undergoing plastic surgery for the reconstruction of her nose. However, there are many other Aishas in Afghanistan like fundamental societies and without ensuring fair treatments to these people, it is impossible for us to say that peace exists in this word. It

Health and safety management Essay Example | Topics and Well Written Essays - 3000 words

Health and safety management - Essay ExampleThe employer is in confide of planning, monitoring, implementing programs and systems needed to ensure OHS on its grounds. Joy suggests (2004) that occupational wellness and safety risks arise from the normal functions, trading operations and activities and during unexpected incidents and circumstances such as accidents. The employer is in charge of ensuring the correct national and international accept OHS codes, standards and guidelines atomic number 18 maintained to the enoughest. The full effectiveness of OHS systems attracts the inclusion, and significance participation of every employee in implementing and maintaining of procedures and processes. There are a quiet a number of companies that have already implemented the chemical formulas that governs the safety of each employee on the ground. An example of such company is Barrick, a mining company. This is a high risk job that requires full safety gears when doing it through unw rap the day at all time. The company reputes itself of being the best in mining industry and the one that protects its employee the best and safest modality possible. It is committed to perform each job in a safe and healthy manner, and are strict about hammer related injuries or illnesses. The rule is that everyone is in charge of their own safety at work. It ensures this by Governance. It provides Health functions, protection and governance as part of an in incarnated framework that includes environment, community relations and security. It has established a committee which includes representatives from different ready to hand(predicate) groups. It manages programs and monitors slaying, and elevates issues to the next level as required. The board committee provides oversight that focuses on vital trends and issues that improves the company performance. The corporate responsibility committee ensures integration and global alignment, assesses main sustainability risks and offers leadership on policy and tactical issues. On the some other hand, the regional committee conducts incidents reviews, implements programs, develops yearly improvements plans and implements activities to meet corporate strategies. As joy described (2004) the localise committee is responsible in managing stewardship of programs and sites, manages site specific issues and raises issues that require regional and corporate attention. Barrick applies a hardly a(prenominal) elements that ensure a smooth running of safety and health management system. 1. lead and personal gravel Leaders must live and lead by example, acting as role models to junior workers and other staff members. Barrick recognizes only its leaders must take action in promoting and creating a safe work place. This is achieved through evident felt leadership. Safety and health accountability includes training and appraisal of workers, management and supervisors. Leadership and personal experience is practiced through Management and leader participation Executive member plays a role in issuing and promoting communications that relates to safety and health to each worker. They also carry out safety and health tours of their places of liability and implement a program that recognizes each individual safety performance and safety leadership. The Barrick leaders also hold discussions about safety and health as a way of being role model and providing mentorship through personal behavior. Site, general and project managers openly practices safety and health headship for themselves and their supervisors by enacting personal observance with all safety and health related values.

Governments Balance Law and Order with Individual Freedom Essay

Governments Balance Law and Order with Individual Freedom - undertake ExampleThe Government outlines the individual rights and freedoms in the constitution, which comprise a set of guidelines to govern the plenty. Thus, individual acquaintance needs a basis in law, but additionally, it must integrate the requirements of social order. This means that aid of law and order balances with individual freedom to guard and define the sphere of liberty of the individual and kick upstairs order in the caller. Despite, democratic political sympathiess supporting the importance of freedom, they must put limits on individual freedoms. In this regard, provisions should forbid those deeds that would cause panic or harm for the general good. By this, the government ensure that it maintains law and order and at the same time offering individual freedom. In the coupled States, there is limitation of individual liberty to guard citizens from one another, to guarantee order in guild and to upho ld the common interests of the society. Therefore, the law must permit the sensible exercise of freedoms.The Government can overly strike this balance by supporting the social systems in the society that realize the goals of freedom and order. Fagin (2007) asserts that the society uses numerous strategies to attain these goals, including social standards imposed through the social forces of the family, government, religion and school. Through these social institutions, people learn the principles and requirements for good behavior and receive punishment when they infringe these social standards.

Film Reaction Movie Review Example | Topics and Well Written Essays - 1250 words

Film Reaction - Movie round ExampleSauri replaces his father as leader and Kumaglaks favorite Tulimaq is cursed. The film illustrates how lust for power and personal publicity can divide a community and cause pain, suffering, and untimely remnant. It demonstrates the law of attraction, how humans can set down evil on themselves and others by harboring bad thoughts. The role of a shaman is not necessarily unceasingly a good one in terms of having positive intentions and effects. The film illustrates the nature of the spirit piece which also reflects the thoughts, emotions and actions of those living in the physical world.Kumaglaks wife Panikpak takes pity on Tulimaqs poor family. After old age of discontent and discord under Sauris despotic leadership, Tulimaqs sons Amajuaq, the Strong One and Atanarjuat, the Fast Runner, grow up to be skilled hunters and rebels. Atanarjuat falls for Atuat, the betrothed of Sauris ill-tempered, jealous son Oki.The plot is full of intrigues and the seed of discontent and enmity is passed down to the next generation. Oki loses a head punching competition to which he challenges Atanarjuat. But the two young mens battle is also a battle of spirits. The deceased shaman Kumaglaks spirit, summoned by the elder Panikpak, protects Atanarjuat and brings him victory. This is an example that death does not end spirit matters the power of the spirit persists beyond the physical world and can insure across world to make its influence felt. The story addresses taboos and breaks them, telling of Puja, Atanarjuats troublesome second wife, sleeping with her brother-in-law Amajuaq. This causes a indistinct rift between the brothers. The lack of absolveness is another spiritual wound, both for the person who refuses to forgive and the one who is refused forgiveness. Puja sets the two brothers up and they are attacked while they sleep by Oki and his friends. They murder Amajuaq, who urges Atanarjuat to flee. Theres a check here to other myths and spiritual traditions, the lesser brother is elevated to spiritual heights just as Joseph was after being sold by his jealous brothers, or Jacob, or even young David who killed whale and became king. Atanarjuat is helped by a spirit to soar over a wide crack and escape Oki. He is assisted by Qulitalik, Panikpaks brother who escaped the evil camp with Kumaglaks rabbit foot, the symbol and embodiment of the shaman leaders spirit. This is a good example of the material instruments and power objects that shamans use. Qulitalik recognizes Atanarjuats need to heal spiritually and emotionally and sends him on a spiritual path, collecting animal droppings in a shit bag and with the aid of the rabbit foot, Kumaglaks tool. Qulitaiks role is much like the assistants who help apprentice shamans find their path and accept their destiny. selection up feces is like holding on to emotional refuse. It is senseless and unhealthy. Atanarjuat has troubling visions, but in the end comes to terms with his past and forgives his brother. Forgiveness is the key to his healing and opens the way to healing for the community, too. Atanarjuat has a vision in which his heart is pierced by the evil shaman. This is a highly symbolic event. The piercing of the heart represents deep spiritual pain and potentially fatal suffering. The heart

Q8 Essay Example | Topics and Well Written Essays - 750 words

Q8 - Essay ExampleThirdly, the implementation budget generally does non contain commensurate provision for funds and an impractical schedule for implementation may be association up. Unless adequate time is provided for the completion of each task, the result will be insufficient attention to point in time and tasks that are completed carelessly. (Goldband, 2008). Another reason why ERP trunks fail is the failure to provide staff members and employees with adequate training to handle the systems, leaving it all to the IT people.One example of such a failure is Cosworth, the raceway car manufacturer. This company had implemented a range of software solutions, but they did not function efficaciously beca intake of the lack of integration of systems meant that information could not be easily accessed.(CIBER, 2005). In this instance, the failure was caused by the use of the wrong tools as well as a failure to train its employees and staff adequately in their use. In the case of Ja da Precision Plastics, initial ERP tools were not successful, because it provided pre-packaged solutions. It was only after implementing the IQMS ERP software which allowed for data innovation and manipulation that they achieved success.2. Investment in ERP systems must be fuelled by business justification rather than engineering motivation. As Goldband(2008) has pointed out, most businesses simply want to switch over from legacy systems and feel that implementing an ERP systems means that the computing machine technology will miraculously take care of everything. But the motivation and method in introducing an ERP system must be on the basis of the existing business processes and the needs that have been identified, so that the better ERP software can be chosen that most closely matches the existing processes. Choosing an ERP process merely on the basis of introducing technology may fail, unless the needs of the business processes are also taken

IT Project Management Ch7 Assignment Example | Topics and Well Written Essays - 500 words

IT Project Management Ch7 - Assignment ExampleThe main get ahead of using its comprise circumspection feature is that it allows project managers to manage all the project related culture at a single place. For instance, all the project related information such as resources, activities, document and costs can be managed in a single application at the single location. As a result, it becomes easy for them to integrate project activities with associated cost and schedule (Schaffhauser, 2010 Microsoft Corporation, 2015 Schwalbe, 2012). Every project manager uses a specific project solicitude tool in order to manage their project management activities. For the cost management, they use specific criteria and many firms have their own software tools that allow them to calculate costs agree to their available resources. In some cases, cost estimates are developed and maintained separately from the project plan. Though, MS Project 2010 encompasses all the features that are necessary t o maintain a complete project cost management process, but it is still a new component for the majority of project managers, and it can take some time to get complete expertise (Schwalbe, 2012).The project completion opens a door for learning by measuring the performance and improving on the basis of mistakes. To evaluate the performance of any project, the Earned foster Management is quite a significant evaluation practice used in project management (Schwalbe, 2012). A study conducted by Dr. Song that is sponsored by the PMI (Project Management Institute) and CPM (College of Performance Management), is purposed at assisting the project managers to deduce and measure the extent of practicing the Earned Value Management technique in project management as well as its practitioners base. This studys important aspect is to deliver a cross sectioned perspective of most of the recent EVM practices by surveying more than 600 project management experts. For getting a more useful and pract ical insight

Reflection on Leadership Essay Example | Topics and Well Written Essays - 250 words

Reflection on Leadership - Essay ExampleThe leadership experience that I have gained is only from my studies especially when associating with my peers. My main strong point is my ability to communicate. I believe that communicating is the main contributor to success. I therefore base my communication skills as my strong points. The area that I need some improvement on is the ability to work in a radical setting. I tend to find myself more independent as opposed to been interdependent. I should improve on that so as to be able to work in a group setting. The activities that would help me improve on the skills are to engage myself in more group settings so as to be used to working(a) with people. The other activities would be to engage in social activities so as to get used too many people. That means that I will be able to work in a group and I will also be able to engage my communication skills in the group setup (Luthans, and Avolio,

PERSONAL PERSPECTIVE for DRAMA OF DIVERSITY class, about these 2 Statement

PERSPECTIVE for DRAMA OF DIVERSITY class, ab come out these 2 questions When did you first notice that you were different fr - Personal Statement ExampleI evermore felt that it was my moral obligation to help out others. I have probably given over 100 tutoring sessions in my lifetime free of charge. To me constituent others was a truly gratifying experience. Back when I was 12 years old I would continuously play basketball during lunchtime and after school. I would practice alone for hours upon hours because I loved the game. My teachers always told me that I was a rattling special student. I have always loved reading roughly different subjects. When the internet became popular back in the 1990s I became a more educate student due to the fact that the internet provided me with an unlimited source of information. Since I was very young I was always very curious about learning new things. I believe that every tender-hearted being has unique attributes and skills that can be used to make our society a better place. 2. A few years ago I was a member of an organization as a parttime worker. In this job one of my primary duties was giving refunds to the employees that went on business trips. My supervisor was a very nice man that treated me with respect. After six months on the job my supervisor got promoted and he go away the office to work at another division in another state. At that time the liberty chit of the office became my supervisor. From the start I did not like the way I was treated by this person. She though because I was young and inexperienced that I did not deserve any respect.

Challenges and issues regarding the effectiveness of the two way Essay

Challenges and issues regarding the effectiveness of the both way immersion program - Essay ExampleThe ii way immersion teachers integrate the mass and minority lectures at the same school and deliver the content by equally using two different addresss. The main goal of three-fold language education is to improve students bilingual skills, academic receiveing, and intention to learn different cultural aspects from each new(prenominal) (Lindholm-Leary, 2012).In my research, I will discuss the gainsays and issues that whitethorn negatively impact the outcomes of language learning in two way immersion and bilingual programs. These challenges may need to be considered in order to encourage parents to enroll their children in such programs. The first challenge is the perception that increased exposure to side of meat develops higher level of progress in the children (Genesee and Lindholm-Leary, 2008). The study demo that there is no correlation amidst the amount of time spe nt by English language learners in English language instructions, and higher level of proficiency. One study drew comparison between English language learners getting little English instructions in schools and students enrolled in a dual language program that learn the contents by equally using English language and their aborigine language. The study showed that students who received little English have similar or more advanced proficiency compared to the proficiency of students that studied in dual language program (Lindholm-Leary, 2012). However, I think many other components such as untrained teachers and poor curriculum may influence the effectiveness of dual language programs. In my own experience of acquiring English language, I have observed that the Saudi schools do not mandate the teachers to use English language to teach English subjects, even though English subjects need to be taught in English. However, as a former Saudi student willing to learn English language, I trie d to create my own English language environment my TV

REDEFINING HAPPINESS THROUGH THE PRISM OF LIFE Essay

REDEFINING HAPPINESS THROUGH THE PRISM OF LIFE - Essay ExampleDoes only lifetime history on and on promoter happiness untouched by what goes around us or even a brief stint of lifetime, if its filled with joy can be termed as a not bad(predicate) life. Similarly, human being must also act in someway to fulfill their desires or needs as grand as he or she may be alive.For years psychologists have tried to decipher the to the highest degree generic code of convey to guide humans through good and torrid times which means studying data on scale that even the most super of computer cannot negotiate with. humans vary in nature and therefore there cannot exist a generic code of conduct however, if every iodin makes an effort to work out a way for himself and understand what s the shell option while make any decision life could make some sense. When we know that this transit of life has to end someday then why almost all humans live life entirely differently from one another . The fact that ever since the evolution of man and despite its conquest of knowledge and power and freedom on his go away, he has not been subject to understand what really makes him cheerful later all this conquest has been made in search of satisfaction and happiness.Therefore if ever we admire why in most humans life religion means a great manus lot. Religion although has no physical reality as such but for so long been able to provide answer to evading questions pertaining to our happiness. Thats why even after achieving so much materialistically humans manoeuvre to religion for soul searching to achieve satisfaction.Death Unwanted NecessityWe in our search for satisfaction since the beginning of time been able to change the world to our liking when those of who did that eventually had to leave this world one day. Still we argon unable to comprehend that there are certain rules of thumb in tooshie ever since man learned to sense things around him regarding what to prefer and what not to prefer in good and bad times. For instance we are identically to prefer pains that are short term quite a than pains that are relatively long term.Fear and the Hope FactorThe truth of fact is that we are not sometimes intelligent enough for our own sake. We can be very chameleon like in different states of sagacity. At a given point in time we might entrust our self to act differently where as we might do something different in reality. 1Psychologists call it the Hot and Cold states of mind and the difference in thinking and doing the empathy gap. We treat life through the prism of happiness and satisfaction living always with a fear of death. This makes us sometimes to lean towards decision which could be far from making us happy and contented. A person due to lack of money might not be able to afford 500,000 $ sedan which would leave him feeling worthless for some time but after sometime he will be able to get back to his routine and live life normally. What w e do not realize that we have defined happiness in our own way. Now, this short visual perception of scope lead the people to belief that inability to achieve something in the short run will make the discomfort to persist for longer period of time then would really happen. In amongst all this decision making the death factor holds an important place in peoples

See inside Assignment Example | Topics and Well Written Essays - 500 words

See wrong - Assignment ExampleA company will come up with a strategy to achieving a particular goal or a set of goals set out as planned. Then a means or a tactic by which the strategy will be carried out. A go bad strategy will succeed by using facts and assumptions, analysis, previous conclusions, and previous recommendations. However, a strategical dodging plan begins with a vision that should be futuristic, specific, and promises a better outlook than the current state of affairs. To deliver the goods a vision, a company should have a mission statement that is in line with its objectives. A mission statement should identify core competencies and philosophies while explaining why it is possible to acquire a vision. wad analysis is a critical part when a company is laying out a strategic plan. prepare analysis simply means identifying the strengths, weaknesses, opportunities and threats that a company possesses and faces. It is through SWOT analysis that a company gets to l earn about its competitive advantages and disadvantages.From the article, it is clear that Duke Energy Company has an ambitious vision that it wants to achieve by the year 2050. The vision that Duke Energy Company has is to modernize its grid and make its communities the most vigor efficient communities in the world. This vision is in line with our current text since it is both futuristic, and it promises a fresh future. However, according to the President and CEO of Duke Energy Company, this vision can be achieved without factoring in facts and information analyses since he believes numbers do not necessarily connect to the vision. According to our current text, it is tactically crucial to use facts and analysis in-order to be able to achieve a vision that has been set out.Using SWOT analysis on Duke Energy Company, it is easy to identify its competitive advantage. According to the CEO, the fact that they have already experimented with different technologies gives them an

Hawaii Essay Example | Topics and Well Written Essays - 750 words

Hawaii - Essay ExampleAccording to the paper the diversity of the indicate is also evident through its people, as it is full of culturally rich communities that are as exquisite and welcoming just as much as they are outgoing. Due to the small geographic break up print of Hawaiian Islands, it gives the impression of friendliness and safety, which is actually the case. Hawaii is generally safe and offers one comfort.This strive stresses thatthere are some laughable features and places that make Hawaii particularly so special and all-important(a) to me. One of these is the Volcano National Park, which is a relatively expansive park that gives a very unique experience and view of the beauty of nature. Being a nature loving person, this is one of the features that most resonates with me. The numerous nature trails are always something to look forward to, and so is the general vicinity of the park. Additionally, the cuisine that characterizes the visitor center is among the best in the world, and always gives the impression that Hawaii is arguably the best place to be on a warm sunny day. Moreover, it is possible to get some accommodation to enjoy lodge in after a long day of hiking and exploring the area. Additionally, there is also a host of other geographical features that are equally mesmerizing to view first hand, from the lava beds, to the different types of beaches, one gets to see more than expected, and this gives individuals an on the loose(p) and wide perspective of natures finest details.

Brand Health Check Essay Example | Topics and Well Written Essays - 500 words

Brand Health rival - Essay ExampleIn order to regain financial stability and overcome losses, man-about-town has all-embracing its target market to a broader spectrum and positioned the brand in a different way. The whole targeting approach is explained down the stairsPlayboy has done the market segmentation based on the demographic factors especially gender, income profile and business line groups in which the potential consumers belong. During the launch of the magazine its target market was the working men but by and by the decline of sales in 1982s, they have shifted their focus to working class women also. The current median get on of their target age group is 33. Playboy has introduced their crop in variety of mediums such as tv set and online. Visual products were targeted to couple, irrespective of their working class, and the online media for market penetration and reach. (Playboy Enterprises. N.d)In 1990s, the declining sales figure forced playboy to rethink their market segmentation, targeting and positioning strategy. They discovered that explosive growths are available in Far eastern hemisphere market, like in Japan. The company realized that change in income profile in Japan has changed the demographic as well as the psychographic orientation of the customers. Hence the segmentation was done according to the psychographics of the consumers. As population started to get out of the workaholic and obsessive behavior, their mindset also changes and the targeting strategies must be restructured in order to hit the roof the market.(The Tech, 1990)Recent studies have shown that in order to stop the ever decreasing sales figure, playboy necessitate to rethink their positioning strategy in a different way. Playboy is no longer considered to be the lifestyle magazine against the conservative male norms. The company is targeting the middle-aged uneducated and under-paid people too because of product saturation in the existing market (Lapp.2013). Market share can be

Platos Republic Article Example | Topics and Well Written Essays - 250 words

Platos land - Article role modelThe sun symbolizes an intelligent realm, and once its existence is acknowledged, then people can seek the paths to their upper states of reason (Para. 3). The requirements to pass each stage are preset and definite. I feel that this educates readers to learn and think bid the guardians, something that bars them from investigating Platos ideas with their personal different theories and experiences. Therefore, Republic education primarily teaches readers to become beginner philosophers. In my opinion, I feel that Republic education should also allow readers to investigate and comprehend Platos system from their personal philosophical thoughts and experiences, and develop new philosophy system to become agents of socio-political change.Platos Republic educates readers to become enlightened philosophers, but not agents of socio-political change. Platos ideal city suggests that guardians, who are talented people, should part their skills and knowledge to enlighten people who are still held in the cave.

Theme Park in China Essay Example for Free

Theme approximate range in china EssayIntroduction on that point atomic number 18 a number of composing place in china. approximately of them are well de write and managed. Some are fairy target downs for the children, which have great fun playing in the fairy tale castles and the animal kingdoms with cartoon characters The youngsters would like to experience the thrilled and exciting frolic ride. Meanwhile, the aged(a) like to take pleasure in the folk custom. However, though the market place is believed to be big and potential, about(predicate) 70% of the mainland Chinas 2500 diversion place are losing money. Whom and why will run non-profitable contrast?Unlike residential developments, the restrictions imposed by the Chinese g everyplacenment to cool the hot property market do not apply to projects categorized as cultural or entertainment purposes. The loophole allows developers to buy land from the government often at a relatively low price to build a free radical place and then erect adjoining apartments and hotels. To plug the loophole, Beijing authorities banned the construction of innovative foundation place over a certain size in August 2011. This measurement canceled umpteen projects in the capital but not deterred most developers from continuing with their amusement park development plans.Actually, many an(prenominal) investors do not concern on losing money when operating groundwork lay, since the sales of tickets and food beget up solely a very small percentage of their profits, a China Daily reports said. Further more than, parks require a lot of funding and have high operating costs, so it can take a longer period of times for investors to regain their money. fit in to China Daily, many division parks built in the early 2000s have been bankrupted, with the properties failing to sell at dozens of auctions over the historic seven age. Amusement Park Industry Trend.Focusing on the newspaper park business, accor ding to Chris Yoshii, an analyst for AECOM, told USA Today recently that almost a third of Chinas 2,500-plus substructure parks have exposed within the past two years, with the sum total number expected to slip by that of the U. S. by 2020. During the fin years through 2012, the Amusement Park industry experienced rapid development, development 14. 4% per year on average to an estimated $2. 3 billion in 2012. Chinas economy developed rapidly over this period, and household usable income levels improved dramatically.As a result, the number of people paying for leisure activities increased significantly, resulting in inexpugnable visitor growth for this industry. The top four operators in China account for about 13. 6% of total revenue in 2012, and this share is expected to increase, as visitor numbers and gate receipts for the industrys largest amusement parks increase steadily. According to AECOM, a Hong Kong tourism consulting firm, theme parks in Asia sold a combined 103. 3 million tickets last year, one-third of the total in the land and second only to those sold in North America (127 million).Also, fewer new players will enter the industry referable to its high and increasing barriers to entry. As a result, analysts are optimistic in this industry. It is forecasted that in the next five years, industry revenue is forecast to increase at an average annualized rate of 16. 7%. The increasing popularity of amusement parks was an new(prenominal) industry driver. Since man Carnival entered the Chinese market in 2004, visiting amusement parks has become a popular way to spend time. The number of international visitors also rosebush significantly over the past five years, as Chinas popularity as a tourist destination has improved.According to 5u588. com, a Chinese tourism-industry information website, 70 tourism real estate projects have already been signed this year, with a total investment of 260 billion yuan. That figure is expected to surpass 1 tr illion Yuan by December 2012. Current Outstanding Theme Parks According to China Highlights website, there are top 7 theme parks in China. Here are the list and its brief notes 1. Hong Kong Disneyland Park It is the newest Disneyland in the world at present, and one of two large theme parks in Hong Kong. There are four theme areas in the Hong Kong Disneyland Park the Main Street, U.S. A. happen World, Fantastic World, and Tomorrow World. 2. Shenzhen golden vale There are nine theme sections in Shenzhen Happy Valley, including Spanish Plaza, Cartoon City, Adventure Mountain, Happy Time, Gold Mine Town, Shangri-la Forest, Hurricane Bay, Sunshine Coast, and Maya Water Park. Equipment and fun are unique in China and even in Asia, imported from the USA, Holland, and Germany, attracting numerous tourists to Shenzhen every year. 3. Beijing Happy Valley At present, Beijing Happy Valley occupies about 540,000 square meters.It offers a great opportunity to experience an bionomical environm ent in Fiord Forest, the Mayan disaster in Lost Maya, a crystal city in Atlantis, ancient Greek myths in Aegean Harbor, a dream life in Shangri-La, and environmental resistance consciousness in Ant poofdom. 4. Shenzhen Window of the World Re labors of the most famous of the worlds greatest wonders, historical heritage, and other interesting places there. At night, there are also many spectacular folk song and terpsichore performances. 5. Cinemlong Happy World The vertical roller coaster there is the worlds best roller coaster.And the ten-looped roller coaster had gained a Guinness World Record. There are five theme sections in the park the Habi Kingdom, the Screaming Zone, the Rainbow Bay, the Water Paradise, and a cardinal square for shows. 6. Splendid China The 82 attractions have been reduced on a scale of 115 and located according to where they are in China. Splendid China is just like a giant map of China. These attractions can be divided into three categories ancient archit ecture, landscapes, and folk culture. 7. China phratry Culture Village There are 25 pagan villages set up on a scale of 11.It veritably shows topical anaesthetic customs and folklore in China with ethnic performances, crafts shows, and regular large ethnic festivals, including the Water Splashing Festival, the Shaman Festival, the Torch Festival, the Huaxia Great Cultural Temple Fair, and the Inner Mongolia Grassland Cultural Festival. aside from Hong Kong Disneyland, all the above theme parks are managed by local Chinese. Another interesting finding is that five of them are located in Southern China. It is suggested that the weather and government authority did affect the repair of an amusement park.Since the sub-tropical forest weather is good for amusement parks to raise up animals and could make visitors savour comfortable in winter times. Also, comparing to Beijing and Shanghai, Guangdong Province may not have as many as traditional site seeing spots for international vis itors. Therefore, the government is generally true theme parks and believes it can boost the tourism. Forthcoming and Promising Players As we all know, Disneyland theme park will start its business in Shanghai 2015, with US3. 7bn investment. Furthermore, there are a number of theme park projects are being widely speculated.Firstly, news from BBC in August 2012, Dreamworks, the Hollywood studio production of Shrek, Kung Fu Panda and Madagascar, plans to invest US3bn to build The Dream Center in Shanghai in 2016. The main theme is about global cultural centre and the attraction point is the worlds largest Imax screen. Secondly, on the capital of the world, the Tibetan capital Lhasa is building its first theme park, to be opened in June 2013. This amusement parks core culture will be Oriental, ie. from the popular Chinese hero Monkey King to dinosaurs, to Mongolian warrior Genghis Khan.They believe it could help recoup their $472 million investment within six years, says Ding, an exe cutive at Yu Gui Garden investment group. Local Fight Back Company owning Happy Valley theme parks is optimistic on strong and foreign amusement parks component in China. Believed this could make for a much bigger market in China. Similar to Japan, the Disney resort promoted the development of other local parks. Another example is the United States before Disney set up its resorts, the country had only three parks that boasted more than one million visitors per year.After Disneyland opened, the number of overall visitors in the country quickly surged to more than 10 million annually. The same situation happened several years later in Hong Kong. When Walt Disney launched its third afield theme park in the city in 2006, other amusement parks in Hong Kong, such as Ocean Park and the adjacent Shenzhen Happy Valley, all witnessed a rapid increase in annual revenue and number of visitors. Investment of 25 billion yuan is reportedly being pose into the Shanghai Disney project, in compa rison with the 2 billion yuan that invested in Shanghai Happy Valley in the first phase of construction work.The gild has invested more than 16 billion yuan over the past 25 years to build theme parks. It has finished the first round of strategic theme park construction in Shenzhen, Beijing, Shanghai and Chengdu, and has started the second round of park development in cities including Wuhan and Tianjin. It has veritable 164 million visitors to its theme parks, and has earned a total of 17 billion yuan so far. The company said they invest at least 30 million yuan in every theme park to develop new recreation projects every year.Expected the number of visitors to Happy Valley theme parks to surpass 20 million this year, with a growing trend to 30 million a year by 2020. China has a huge market for theme park operators. According to Wu Wenxue, vice-chairman of the China Tourism Association, over the next five years, the market demand for theme parks may surpass 10 billion yuan a year . Conclusion From my personal viewpoint, theme parks in China will be generally developed into two different main streams. Firstly, it is foreign and famous own amusement parks, like Disneyland, World Carnival and Dreamworks etc.The second stream will be integral of Chinese and Oriental cultures, which may aim to attract international visitors. Both streams are believed to be growing and promising. However, the key concern is safety. Since there are some fatal accident happened in local amusement parks every year, people may lose confidence in all amusement parks in China. The government body should put the focus on the quality issues ranging from equipment to food safety in the parks. Only quality assurance could allow the industry to develop continuously. References http//www. chinadaily. com. cn/business/2010-11/22/content_11587814.htm http//usatoday30. usatoday. com/news/world/story/2012-06-26/china-disney-theme-parks/56019074/1 http//www. chinadaily. com. cn/business/2012-05/2 2/content_15354029. htm http//www. china. org. cn/travel/2010-03/08/content_19554338. htm http//www. worldpropertychannel. com/asia-pacific-vacation-news/china-theme-parks-china-association-of-amusement-parks-walt-disney-china-shanghai-amusement-parks-walt-disney-shanghai-shanghai-disney-resort-yu-gui-garden-investment-group-6013. php http//www. chinahighlights. com/travelguide/amusement-parks/ http//www. bbc. co. uk/news/business-19162780.

7- eleven supply chian Essay Example for Free

7- el raze go forth chian Es regulateJim Keyes, the 4-year veteran CEO of 7-Eleven, is flying his Beechcraft A36 Bonanza. He is asc closureing to 10,000 feet, and despite the good atmospheric condition he the Great Compromiser vigilantly snaped on the instrument panel, and on the bright skies about him. passing is a great distraction, he says. You throw outt think more or less anything else when youre in the cockpit. It is whitethorn 2004, and Keyes has a lot to think about. Since 2000, he has been leading a successful transformation of 7-Eleven, the global restroom salt away retailer with 5,784 gunstocks operating across the unify States and Canada and 19,501 inter study terminals in 17 countries. (See prove 1 for a biography of Keyes.) Focusing on what he c exclusivelys retailer Initiative, Keyes has oerseen the transformation of the smart sets diffusion pretence, the steady redefinition of relationships with account suppliers, and the in muckle of engineeri ng and data-driven decisionmaking without the scope. Over every(prenominal), he is pleased with the successes of his strategies. Earnings draw been rising, up 15.6 sh atomic number 18 during 2003.1 Same- put in merchandise gross revenue have accession for 29 consecutive quarters finished the end of 2003.As a result, the social clubs stock price grew from $9.14 in April 2002 to $16.91 dickens long time later. (See faces 2 to 5 for society financials and stock price history.) Weve had quite a rebirth of the company, Keyes says, tho its been a slow, steady re act uping of the company, basic twainy reinventing ourselves.3 Despite his many successes, Keyes continues to confront large challenges. He faces hygienic resistance from some of his largest suppliers to 7-Elevens evolving re-stocking and distribution systems. He likewise worries about hatful guidance issues hiring and managing a castforce in the low-paid convenience blood argument and working with immunityes to ensure implementation of key incarnate initiatives. In addition, Keyes must manage the chains increasing international expansion and its efforts to reposition the 7-Eleven cross in the highly fragmented domestic convenience hive away industry.This case was prep ard in whitethorn 2004 by Eleanor Broad (MBA 05), Paul Kihn (MBA 04) and Steven Schneider (MBA 04) under the supervision of Professor Alan Kane as the basis for class discussion, sooner than to illustrate either effective or ineffective handling of a strategic situation. Copyright 2004 capital of South Carolina note School. 1Keyes levels off at his cruising altitude. Despite the clarity of the day, he feels some turbulence and wonders what restorative action he should take.Convenience Store IndustryThe convenience p atomic number 18ntage industry represented well-nigh $290.6 billion in total gross sales in 2002, 62.4 percentage of which were motor- give the sacks sales.4 The industry incompatibleiates itself t hrough convenience of spot and production offerings and speed of table service.5 Historically the industry has been highly fragmented and very competitive with low barriers to presentation. bingle transshipment center companies account for 60 percent of the 132,000 convenience stores across the U.S.6 There be also peak centigrade,000 conclave convenience-store/gas stations suffered by major oil companies which be run by a ne 2rk of in frontent dealers and distributors. 7-Eleven, with 4 percent of the total U.S. market, trunk the largest corporate entity in the convenience store industry.7Most of 7-Elevens direct competitors be regional convenience store set up. Circle K has 2,000 stores in the South and Southwest, Caseys General Stores operates 1,800 in the Midwest and The Pantry has 1,400 stores in the Southeast.Inefficient show chains and high-low pricing8 also characterize the industry, according to Keyes. Stores need to stock very wide but shallow product flor ilegiums. For example, an undivided store may keep exactly four bottles of ketchup on hand at any given time. Since 1999 the industry has been undergoing a structural transformation with consolidation occurring through acquisitions and a number of bankruptcies among the smaller regional chains. In celestial latitude 2003, Circle K was exchange to Canadas largest convenience store chain, Couche Tard. In 2004 the Midwestern chain Hale Hal tell on, the parent company of Oklahoma establish 115-store convenience retailer Git-n-Go, declared bankruptcy. In process 2004, Kansas-based Sav-A-Trip announced it was entering Chapter 11.9 Despite these changes, one-store companies continued to move on market share, up five percent from 2001 to 2002.10Overall, the convenience store industry was facing increasing challenges. tally to an industry report published in May 2003The convenience store sector is poised for forceful change as players respond to depressed net profit margins and inten sified opposition. Profitability and survival go away depend on the ability of convenience store operators to offer value-added benefits to their convenience services, either by tar get alonging the emotional call for of consumers or by adopting niche operating strategies.11Company Back groundsThe 7-Eleven chain was born in 1927 as the Southland Ice Company in Dallas, Texas. From this single location it soon began operating convenience stores under the have-to doe with Totem. In 1946, it changed its store names to 7-Eleven to reflect their modern, extended bits of operation from 7 a.m. to 11 p.m.12 The chain continued to expand rapidly, adding gas stations to its stores, opening locations across the States and franchising overseas. (See proves 6 to 7 for present-day(prenominal) domestic and international store locations.)In 1983, Southland acquired Citgo, an oil company, in an effort to pursue a vertically integrated scheme with ownership of its own dairy operations and dis tribution centers. Keyes, who began his career with the company at that time, recalls that the move backfired miserably. We were great retailers but terrible refiners and dairy farmers, he says. In 1987, stymied by debt, the company sold most of its non-retail businesses and its rest 50 percent stake in Citgo. In 1988 management borrowed heavily to secure 100 percent of Southlands stock in a leveraged buyout. However, in 1990, Southland defaulted on $1.8 billion in publicly traded debt and filed for bankruptcy protection.The company persuaded bondholders to restructure its debt and take 25 percent of its stock, clearing the way for the bargain for of 63 percent of Southland in 1991 by IYG Holding, formed by Ito-Yokado (51 percent owner) and Seven-Eleven japan (49 percent owner). From 1991 to 1993 sales declined as Southland unlik adequate stores, renovated others, and upgraded its merchandise. In early 2000 IYG raised its stake in 7-Eleven to nearly 73 percent. (See Exhibit 8 fo r 7-Elevens Board of Directors.) IYG currently owns or guarantees 80 percent of 7-Elevens outstanding debt. The companys debt to total capital ratio is just above 91%. Also in 1999, the partnership changed its name from the Southland Corporation to 7-Eleven, Inc., in order to better reflect its primary business.13In 2002 the company closed 133 under-performing stores and opened at 127 untried locations in North America. At fiscal year end, 2003, domestic sales at 5,784 stores (2,457 of which also sell gasoline) was $10.8 billion ($3.4 billion in gasoline sales). (See Exhibits 9 and 10 for sales trends.) Interestingly, 7-Elevens percentage-of-sales ratios for merchandise (70 percent of sales) and gas (30% of sales) are the inverse of the convenience store industrys as a whole.Worldwide, the company owned, franchised and licensed 25,796 stores that generated $36.5 billion in sales.14 (See Exhibit 11 for global store count growth.) Company structure There are three types of 7-Eleven stores corporate, franchised and licensed. The company began franchising in 1964, signed its maiden United States area licensing cartel in 1968, and entered into its eldest international licensing agreement (with Mexico) in 1971. Corporate stores are owned and operated by the corporation, and run by store theatre directors who are employees of 7-Eleven, Inc. About 2,480 of the 5,784 stores in the U.S. and Canada riposte into this category.Franchises are run by independent contractors who enter into an agreement with 7-Eleven in order to operate one or to a greater extent stores. 7-Eleven leases or owns the facilities and the store equipment, which are in turn leased by the franchisee. A representative franchisee pays a franchise fee averaging about $66,000, while the corporation retains ownership of the property, plant and equipment.7-Eleven then requires an initial cash payment, averaging about $83,000 depending on the area, for the starting inventory and supplies.15 In some cases, the company exit bestow this amount to spic-and-span franchisees. It is a franchise model, Keyes says, that stands the best of both worlds the capital and support of the corporation, and the initiative and sweat-equity of individual entrepreneurs. Approximately 3,300 stores in the U.S. and Canada are franchised. 7-Eleven also enters into license agreements with partners, almost exclusively in foreign countries.16 A licensee is typically a retailing organization that owns or leases several 7-Eleven stores in areas where the company does not do business. In these cases, 7-Eleven does not own the PPE, and imposes a set of contractual obligations on the licensee to ensure consistency of signage, store design elements and store offerings.The licensee has access to brand equity and proprietary products. Specifically, 7-Eleven, Inc., grants the license to use the 7-Eleven trademarks, trade dress, and business information system. The company additionally provides on-going busine ss consulting services for a fee based on a percent of monthly gross sales and a commitment from the licensee to grow the 7-Eleven convenience store business in a specific geographic area on an exclusive basis for a set period of time. At the end of 2003, the company had 19,501 licensed stores operating internationally, an increase ofapproximately 1,400 locations over the prior year. In August 2003, Seven Eleven Japan, the largest international license holder, opened its 10,000th store.The spic-and-span 7-ElevenRedefining sellIn the Spring of 2003, speaking to the retail lead class at Columbia Business School, Keyes describe the transformation in retailing he foresaw at 7-Eleven. In the U.S., you say 7Eleven and people think pasty root words, surly salespeople and old product, says Keyes. In Japan where convenience stores sell sushi and pantyhose, 7-Eleven is get it onn for service and for orthogonal, high timbre product. This vision of the latent for 7-Eleven stores in par t drives Keyes ideas for change across the company. He continuedTwenty years ago when I was an MBA student at Columbia Business School there was no Retail class nor was Retail considered a worthy profession to go into that is all changing. Retail is undergoing a broad transformation in the US right now. Retailers are seizing control of their own destiny.Keyes went on to civilise how about 15 years ago Wal-Mart was the size of7-Eleven. Wal-Mart has since grown to be the largest retailer in the world. At 7-Eleven we are carrying out our own transformation, said Keyes. We have only just started. Working with the Japanese owners and borrowing heavily from ideas generated by Seven Eleven Japan, Keyes has been leading a major cultural shift deep down the company, which he is calling the Retailer Initiative. At the heart of the initiative is 7-Elevens use of engineering to adorn the store operator (the person closest to the customer) to make key decisions. Keyes explains Wal-Mart i s very proud of their replenishment model. Its in a flash intended to take the thinking out of the store. Ours is exactly the opposite. Its intended to provide easy, funto-use and informative tools in the hand of store personnel. Its a gripping use of technology. We be bring forth incredibly nimble. We asshole put a new product on the shelf, and by tomorrow we know how the customer is responding. Within a week, we can say with pretty good confidence whether it go forth be successful. We can tweak it or make it bigger or change the price. Its the heart of how we differentiate ourselves.17 With this fresh customer data in hand, 7-Eleven is working with suppliers to develop new private label products it knows its customers want. Overall, Retailer Initiative whole shebang to leverage the companys scale, radical and the entrepreneurial energy of its store-level operators. As Keyes wrote in the 2003 Annual Report The store operators focus on case-by-case management deleting slow- selling merchandise and introducing new items at every store, every day allows 7-Eleven stores to satisfy their customers in shipway that few retailers can match. In the simplest terms, we enjoy the power of a global retailer, but maintain the store-level focus of a single-store operator.18Retailing LeadershipThe New 7-Elevenstores while minimizing inventory and transportation termss. The company utilizes feature distribution centers (CDCs) that are strategically located near concentrations of 7-Eleven stores. In all, the company uses 23 CDCs across the United States that separately can serve up to 700 stores. Driving time from the CDCs to the stores is usually no more than 90 minutes. Prior to the CDC approach, most vendors comported directly to 7-Eleven stores at sporadic times, a good deal no more than once per week. The exist of making more frequent stops could not be justified by single store sales. Further, 7-Eleven parking lots were frequently crowded with huge de l ocomotery trucks and more stops per week would only worsen this issue. As a result, each store needed to carry at least a weeks worth of inventory at any point in time. This drastically increased both inventory costs and storage topographic point requirements while decreasing the freshness of the products offered to customers.7-Eleven has the majority of its fresh products now delivered directly to the CDCs. By combining the demand of 200 stores, more frequent deliveries to the CDCs can easily be justified by the better economics of the transportation costs. These CDCs, in turn, consolidate product from different vendors and combine them all on to one truck headed for each topical anesthetic 7Eleven. The company also runs their back-end supply chain very efficiently. 7-Eleven partners with third party logistics providers to run the CDCs. Each of these centers is approximately 20,000 square feet and ships 60,000 units per daya very high number of orders given the size of the wareh ouses.Franchisees and corporate store managers make topical anaesthetic anaesthetic vendor selection decisions. On average, store operators purchase 80 percent of their products from corporate recommended vendors using 7-Elevens congenital systems. The remaining product can be purchased from suppliers outside of this network. By centralizing their buying for all of its stores, 7-Eleven is able to wield its purchasing power and negotiate better pricing, elevatecontributing to their margins. Use of data and technology7-Eleven takes a different approach to purchasing than traditional supply chain behemoths such(prenominal) as Wal-Mart. alternatively than having a system decide what to order and taking the human element out of the process, 7-Eleven seeks to provide a set of tools for its local stores to make informed decisions on product ordering and assortments. The company effectively treats its local owners and operators as retailers.The corporation has developed a technology su ite for its stores that helps local stores manage their purchasing. This system allows store managers to customize their product offering by ordering online and creating a suite of reports. Each local manager can track their total progress versus other 7-Eleven storeswhich helps them square up if they are not taking entrance steps to drive traffic (e.g. assortments, price points, etc.). Specific product reports are available to help managers determine their appropriate product sashay and predict demand. Weather forecasts are provided as another(prenominal) tool to promote in the ordering process.The New 7-ElevenIn addition, the huge amount of sales data and immediate result time help 7-Eleven make improved corporate decisions. The company is able to track trends at stores to make how customers preferences are changing. Sales data helps the company understand the impact of opening up new stores and assists in location decisions. In addition, it allows the corporation to predict customer demand and helps in central purchasing decisions. Finally, this technology provides an immediate feedback loop for 7-Eleven on new productswithin a matter of one or two days the fate of a new item becomes very clear. This information helps 7-Eleven drive key space in the store, innovate new products, and stay a step ahead of the competition. As Keyespoints out, Retailers are impendent to customers than manufacturers, even though the large suppliers traditionally drove the decisions on shelf space and location. Not all store owners and operators take advantage of this data and technology. Currently, the percent of product ordered through the online system by franchisees ranges from 100 percent to 20 percent. This raises the question of whether the right people are in specify in 7-Eleven to make such localized decisions, and whether the company would be better served just ordering product for them. 7-Eleven is also faced with issues of brand consistency as a result with di fferent product assortments in each store, customers may be confused about what 7-Eleven stands for. mathematical productsProduct innovation is another avenue through which Keyes is transforming the convenience retail industry. 7-Eleven tracks customers changing product purchasing habits and Keyes goal is to leverage this to bring about better quality products in the future. We have the benefit of convenience, not price, macrocosm our main selling point. This gives us a lot of perimeter to create higher quality, better products, he says.7-Eleven stores offer a wide range of products, from beer to beef choppy and cigarettes to cereal. The average store carries 3,000 SKUs. About 70 percent of these are recommended by the head office and the remaining 30 percent are picked by local store managers to cater to specific local needs.19 For example, the 30 percent discretion allows a manager to stock up on beer if he knows that a local football game is playing, or to stock specific eth nic products if appropriate to a neighborhood.Merchandise mess upOverall, tobacco products represent the largest selling product category at 7-Eleven, accounting for 29.3 percent of merchandise sales in 2003. (See Exhibit 12 for a breakdown of sales by product category.) Beverages represent 23.1 percent of sales, followed by beer/wine at 11.4 percent. Fresh foods account for 7.2 percent. Gasoline sales account for 31% percent of sales. The stores highest selling product is coffee it sells thirty one thousand million cups a month.20 This is followed closely by beer (with sales of $64.58 million per month), the unit sales of which areThe New 7-Eleven more than half single beers.21 The next highest selling product is the Slurpee, with over eleven million sold per month.22Private label products7-Eleven creates private label products to differentiate itself from the competition and boost its margins. The companys most famous product, the flavored, crushed-ice beverage called Slurpee, was created in 1965. The company now sells 11.6 million Slurpees a month and introduces new flavors every year. Overall, the company creates 1,500 to 2,000 private label products each year, or 10-15 percent of its merchandise mix. Approximately 22 percent of its sales are proprietary products.23 If a product is not available in a conveniently sized package or is unknown in another country, 7-Elevens category managers will work with suppliers to create a new product. For example, in early 2004, 7-Eleven launched a low-carb category, primarily comprised of nutritional bars and snacks. It has also recently introduced the first mentholated gum in the U.S. afterwards spotting the success of the product in Japan. (See Exhibit 13 for sample proprietary products.)Not all propriety products have been successful. In 2003, the chain launched its own proprietary imported beer brand, Santiago, brewed in El Salvador by an independent subsidiary of SAB Miller. Priced at $5.99 for a six-pack, a p rice roughly equivalent to Budweiser, Santiago suffered from oxidization and taste problems and is quietly being withdrawn after 10 months on the shelves. A reformulated version with improved taste and quality will bereintroduced later in the year.247-Eleven is also launching its first agiotage wine brand, Regions, in 2004. Packaged in 375-ml half bottles and finished with a natural cork stopper, Regions will retail for $4.99 compared to other wine selling in 7-Eleven stores at an average price of $6.25. Another new product 7-Eleven is launching is the EZ-D. Utilizing a new technology, this vacuum-packed DVD begins to oxidize upon exposure to the air. After 48 hours, it is no longer functional. As Keyes explainsWe know we can sell DVDs. We know well never have the assortment of a Blockbuster, but if we can come up with a more unique way to sell movies, then we think theres an opportunity for us to be relevant. Were shooting for this to be priced like a lease with no returns at $5 .99. Its a great example of how instead of waiting for the industry to catch up, we go to the manufacturer and say we need this.25ServicesCurrently, store sales from the Services category comprise 3 percent of overall sales. With new VCom Inc. terminals installed at 1,000 stores, the company provides financial services and Eretailing to in-store customers. The VCom units combine ATM capabilities with unacceptable features such as dispensing coins, cashing checks, and providing money orders. 7-Eleven also added E-retailing features allowing customers to buy products from retailers such as 1-800Flowers, eBags.com, and TopWebBuys.com. The goal is to have two kiosks in every store, Keyes says. Other services embarrass 7-Eleven convenience cards chargeable cards that work like cash and pre-paid phone cards. As an extension to these phone cards, 7-Eleven started selling pre-paid Nokia wireless phones in April 2004. Customers will only be able to purchase additional minutes for these p hones at 7-Eleven stores.26Gasoline TobaccoProduct categories which may be cause for concern in the future are gasoline and tobacco sales. From Dec. 2003 to March 2004 retail gasoline prices surged more than 25 cents per gallon from $1.48 to $1.73. The winners from this hike were oil refiner retailers such as Shell, BP, Exxon busy whilst the losers were convenience retailers, such as 7-Eleven. Such convenience retailers are required to pay refiners the higher fuel prices yet can not pass all of these increased fuel costs onto customers and thus let go their gasoline margins.According to the Oil Price Information Service (OPIS) gross retail gasoline profit margins plunged by more than 37 percent in the December, 2003-to-March, 2004 period, falling from 16.8 cents per gallon to just 10.6 cents per gallon nationally27. With 31% of 7-Elevens sales coming from gasoline, the volatility in gasoline prices over the last year highlights the risks of such dependence. While quarterly volati lity is a risk with most commodity based products, 7-Elevens yearbook earnings stream from gasoline has been quite stable with gross profit margins of at least 13 cents per gallon in each of the past 10 years.Along with other convenience store retailers, 7-Eleven faces an increasingly tough regulatory environment surrounding the sale of tobacco, its best-selling product category. This environment includes a potential rise inthe minimum age to purchase tobacco, an increase in sin taxes and growing health concerns. Ultimately, these issues could put downward pressure on tobacco sales and 7-Elevens margins.Distribution and supplier relationships7-Eleven has hammer strong relationships with its suppliers, though many challenges still remain for the corporation. These relationships are critical elements of 7-Elevens operational talent and strategy. Technology allows 7-Eleven to seamlessly integrate ordering and delivery scheduling.Key suppliers to 7-Eleven, however, have remained res istant to participating in the companys evolving distribution system. These consumer packaged goods manufacturers have extensive 26The New 7-Elevendistribution networks of their own to deliver goods and control in-store shelf space. By controlling in-store product placement, they are able to drive sales and get a solid advantage over the competition. They are reluctant to give up such an advantage. 7-Eleven has been changing this model. The company believes that they can increase their own profitability by consolidating shipments from a variety of suppliers in their warehouses, and distributing to their own stores based on in-store sales data.While many of the smaller manufacturers have conceded and switched to this CDC model, many of the larger suppliers are still fighting. Companies such as Coca-Cola, Pepsi and Budweiser have such a vested interest in their distribution networks that they have not yet been willing to transition.They do not want to relinquish control over floor and shelf space. Keyes, however, feels that they will eventually come around as a result of pressure from key players such as Wal-Mart and 7-Eleven. Further, this centralized distribution model which is effectively breaking down the barrier to entry of 100-year-old distribution networks is providing opportunities for new suppliers to enter the market.CustomersTraditionally 7-Elevens ticker customer was a male, blue-collar thespian purchasing coffee before work or beer at the end of the day. More recently, the 7-Eleven customer demographic has shifted as the products and services it offers have changed. Describing the relationship between demographic and product mix, Keyes explains 7-Elevens gasoline island instantly is over 50 percent female because we were one of the first with self-service, pay-at-the-pump gas pumps and it was easier for moms.The customer base has shifted from by and large blue-collar male to a broader demographic mix, including more female customers. Keyes says of this shiftInside, the store isnt 60 percent blue-collar male anymore, but we dont want to run off our core customer. We still sell a lot of beer and beef jerky, and we plan to continue. Our new approach is subtle. When you know that you can get a good, healthy, fresh sandwich then well get you, not by announce and telling you what a great place we are. As with most retailers, the key is having the right assortments.This strategy involves selling a wider range of products than the traditional beer and beef jerky alongside pork rinds. Broadening the product mix encourages a demographic broadening of the customer base.People ManagementPeople management remains an ongoing challenge at 7-Eleven. There are huge labor issues, says Keyes.28 Specifically he points out The people represent the company. 7-Eleven has 70,000 employees worldwide, 6,000 of whom are staffing stores on overnight shifts. Keyes 28Jim Keyes, Columbia kinsfolk Video, February 6, 2002.10Retailing LeadershipThe New 7-Elevenworries about the customer service provided by these front-line employees, and by franchisees who operate as independent contractors. You cannot lam Retailer Initiative without retailers, says Keyes.To help its store managers, both franchisees and corporate employees, 7-Eleven began a 12-week certification program in 2002. By the end of 2003, almost one-third of its store operators had been certified. In addition, more than 2,700 store sales associates had accomplished a two-day training module on the essential elements of the Retailer Initiative strategy.29 Franchisees7-Eleven remains active in managing and supporting its franchisees. Each franchisee undergoes an initial 6-week training program in operating and managing a 7-Eleven store, and is subsequently delegate a field consultant who provides on-going support during weekly visits. In addition, the company hosts an annual 7-Eleven University during which franchisees and corporate-store managers are introduced to new p roducts and company initiatives. Historically, the franchises have been more successful than corporate stores. We think this is because theyve got skin in the game, says Keyes. Now, however, the franchises have begun to fall behind corporate stores. While all corporate initiatives are immediately implemented in corporate-run stores, franchisees are not required to use the new inventory system. As Keyes has moved to change the way 7-Eleven operates, the exist group of 3,300 franchisees are proving to be a challenge. They think that were trying to force them to be employees, and were not, he says.Specifically, franchisees have been unhappy with the gross profit split between themselves and the company. Under the existing franchise agreement,franchisees retain 48 percent of their gross profit margin, and give 52 percent to the corporation. In turn, the corporation has become unhappy with the rate at which existing franchisees have been converting to the Retailer Initiative and the new , company-wide SKU-picking system in particular. In order to address these concerns, 7-Eleven has recently offered a new franchise agreement. Under this new agreement, the gross profit split is now 50-50. Under the new agreement, franchisees must now repay the corporation for ad expenditures, equivalent to between 0.5 and 1.5 percent of the franchisees gross profit. To address the companys concerns, the new agreement phases in a further requirement for franchisees to order 85 percent of their SKUs from recommended vendors.The new agreement will affect the 34 percent of all franchisees whose agreements were up for renewal on December 31, 2003, along with all new franchise holders. The remaining franchisees will be eligible to sign the agreement starting in 2004.297-Eleven, 2003 Annual Report.11Retailing LeadershipThe New 7-ElevenDiversityAs a further effort to address 7-Elevens human resource issues, the company has attempted to re-brand its diversity as an asset. avocation the ter rorist attacks on September 11, 2001, the company experienced antagonism directed at several of its front-line store employees who were aspect to be of Middle-Eastern origin. The company responded to this crisis by attempting to define the diversity of its workforce as a strength.7-Eleven produced and aired commercials that highlighted the immigrantorigins of franchiseowners. In one commercial, a Thai franchisee is shown working hard to build her 7-Eleven franchise, followed by shots of her welcoming her two children to America in an airport waiting area after a long separation. Additionally, the company held its 75th birthday celebrations on Ellis Island in New York City, the former gateway to the U.S. for immigrants. America was built by immigrants who came here to live the American Dream says Keyes. 7-Eleven represents that opportunity to be your own boss.30DifferentiationContinuing people management concerns also rest in part on the lack of training and on-going support for th e hourly workers, specially those that work in franchises where franchisees are responsible for the hiring and training of employees. According to the company, store-level employee turnover at over 100% is in line with industry norms, and 7-Eleven has seen two consecutive years of improvement.31Keyes believes that 7-Elevens front-line employee issues can be resolved in part through differentiation. Just as 7-Eleven has to differentiate products, he says, it also has to differentiate the store for employees. Why work at 7-Eleven for $8-$9 an hour, rather than at McDonalds? Currently, says Keyes, We have people expression for an hourly wage, not a challenge.32 There are currently two drivers of employer differentiation at 7-Eleven. The first is staff development and ongoing training. At 7-Eleven University, franchisees and store managers are exposed to ideas for motivating and teaching employees. Keyes often visits stores and concludes that franchisees often do not work with their hourly employees to help them understand customer service.Hourly workers are told, for example, that the retail cost of an empty cup is 70 cents (a function of retail vs. cost accounting), so when customers come in and ask for a cup of water, they are told the cost is 70 cents. They dont know that the actual cup cost is only a nickel and that it would make more sense to build customer goodwill by giving them the cup and writing it off, says Keyes. We can turn an $8-9 dollar an hour employee into a retailer by giving them the tools, like performance-building skills.Additionally, Keyes would like to see store franchisees and managers do more to create a positive work environment for hourly workers. You can fire up a group of hourly-wage employees, believes Keyes, thinking back to his own college job at McDonalds. He was 30Jim Keyes, Columbia Class Video, 2003.7-Eleven.32Jim Keyes, Columbia Class Video, February 6, 2002.3112Retailing LeadershipThe New 7-Elevenenthusiastic, he recalls, both as an entry-level worker and when he was promoted to run staff training at new stores. His managers and his peers, he believes, helped to create an atmosphere where people wanted to work.The second driver of employee differentiation is social capitalism. Keyes attempted to differentiate 7-Eleven stores as workplaces by building up the idea that the company can give back to the communities in which its employees work and live. In 2002, 7-Eleven set up the Education is Freedom tush, sustained through company gifts, website donations, and collection boxes at store cash registers. (See Exhibit 14 for the Foundations website.) The Foundation was expressly intended to provide money for the higher education of employees and their children. This idea intended to leverage 7-Elevens long identification with the American Dream as a place where recent immigrants and others could run a business as a franchisee with little capital investment into the idea that working for 7-Eleven is a go od place to get an education.Overall, the Foundation distributed $2000 scholarships to 223 students, after receiving 30,000 applications.33 The impact on employee turnover, however, seemed negligible. I was waiting, says Keyes, for my HR team to pick up the ball.Despite scatty to differentiate itself in the eyes of employees, 7-Eleven, like other players in the convenience store industries, worries about an increase in the minimum wage. Labor expense accounted for 42.1 percent of gross profit in 2002 for the convenience store industry as a whole.34 For example, the New York linkup of Convenience Stores noted that a proposed increase in the minimum wage from $5.15 to $7.10 by 2006 would increase convenience store costs in the state by 38 percent.35Finally, 7-Eleven faces the challenge of maintaining security in its stores, many of which operate 24 hours a day.A information OrganizationKeyes would like 7-Eleven to become a learning organization from top to bottom. As he works to re invent the company, and to move away from traditional methods of retailing, Keyes would like to engender an environment of continual learning in franchises, corporate-run stores, and in HQ. Recognizing that 7-Eleven is not considered an attractive place to work for newlyminted MBAs and others, Keyes wants to turn 7-Eleven into the Procter Gamble training ground for the convenience industry.Specifically, Keyes worries about creating a management team to succeed him. He talks about being in leadership 101 as he looks back and realizes that he is so much of a hands-on person that he did not make enough effort to develop people as he was moving up through the ranks of the company.337-Eleven news release, January 21, 2004.EDC Economics, An Overview of the US Convenience Store Industry, December 2003. 35New York Association of Convenience Stores (www.nyacs.org).3413Retailing LeadershipThe New 7-Eleven bet for new HR DirectorIn order to develop employer differentiation ideas, manage the i mage of 7-Elevens front-line retailers and develop ways of making 7-Elevens corporate side a more attractive place to work and develop as retailers, Keyes instituted a search for a new Director of Human Resources. (See Exhibit 16 for a company organization chart.) After looking at many resumes, he remains unimpressed. They dont go above the baseline, he says. So many of the candidates miss the point about differentiation and customer service, and do not understand that all employees must be able to accomplish in the blank I want to work for 7-Eleven because _______. Growth7-Eleven is expanding rapidly. In the U.S., store growth is match between new franchises and corporate-run stores. Internationally, the company enters into license agreements with partners in foreign countries.Domestic Expansion7-Eleven is adopting an urban strategy learned from successful licensees in Japan and Taiwan, ceding high-traffic corners to others and looking for more unconventional locations. These typ es of selections decrease the cost of real estate and, as a result, increase the companys return on investment. In addition, the company is upgrading both its technological and physical infrastructure to continue to redefine its brand image. 7-eleven spent over $500 million over the last five years to upgrade its technology platform (See Exhibit 16 for pictures of current stores.) In 2004, the company plans to open approximately 100 new retail outlets in the United States while continuing to close unprofitable stores. Keyes believes this is vastly undershooting their expansion potential. In Japan, the company webby over1,000 new stores during 2003. He believes that 7-Eleven could easily add 500 to 1,000 stores per year in the U.S. market. Areas of focus include cities and airports, as well as further penetrating some of their existing markets. Questions remain, however Can 7-Eleven give up the relatively high cost of real estate in these areas? What effect will cannibalization hav e on the economics of both their new and existing stores? Further, based on their highly leveraged balance sheet, can they even afford to do it? International ExpansionKeyes also sees great opportunities in new markets. South America, capital of Red China and the rest of China are all examples of key markets that the company is looking to expand into.36 7-Eleven hopes to secure local partners that are familiar with the markets to increase the chances of success. While convenience transcends cultural differences, the definition of convenience will surely vary by culture.36Associated Press, April 6, 2004. 7-Eleven, through a joint venture arrangement between licensee Seven-Eleven Japan and two Chinese partners opened its first store in Beijing on April 15, 2004. 14Retailing LeadershipThe New 7-ElevenInternational expansion is facilitated through the use of license agreements. Such agreements give 7-Eleven, Inc., sanctioned control over the use of trademarks, trade dress and business information, and attempts to establish mutually beneficial relationships in order to ensure additional control over licensees.Japan represents 7-Elevens greatest international success. The stores are consistently clean and well-organized, with a very wide and high-quality product line. Working closely with suppliers and providing first-classservice to customers Seven-Eleven Japan has experienced phenomenal success. It now has over 10,000 stores. While the Japanese experience represents strong success, it remains to be seen whether 7-Eleven can replicate that model in other countries. ConclusionIts been a fascinating experience to take a company that was an icon in an industry and transform its economic model over the last 10 years, says Keyes. He admits, however, that the transformation is on-going and not complete. He worries about the continued holding-out of his ascendent suppliers like Coca Cola and Pepsi to the CDC model. Underlying these difficulties with his reinvention of 7-Eleven, the people management issues loom large. What should he be looking for in his new HR director? Why is the right person so hard to maintain? The skys the limit in terms of what we can create, says Keyes. As I look around the landscape of retail all of my competition are playing the same game. In his Beechcraft, as Keyes adjusts his altitude to compensate for the turbulence, he sees much blue sky in front of him. He also cant help noticing the clouds off in the distance.15Retailing LeadershipExhibit 1The New 7-ElevenBiography of Jim KeyesJim Keyes is president and gaffer executive director officer for 7-Eleven, Inc., the worlds largest convenience store retailer.Mr. Keyes served in a number of senior management positions before being elected to his current role in 2000. He joined 7-Eleven stores former subsidiary Citgo Petroleum in 1985 as general manager of marketing and business strategy. A year later, he became general manager of 7-Elevens national gasoline, with resp onsibility for the companys retail gasolinebusiness in the United States and Canada. He was named vice president of national gasoline in 1991.Mr. Keyes served as the companys senior financial officer in 1992 and was named chief financial officer in 1996. He was elected to the companys dining table of directors in 1997 and promoted to executive vice president and chief operating officer in 1998.Before joining 7-Eleven, he held unlike field and corporate positions at Gulf Oil Corporation.Mr. Keyes earned a Bachelor of Arts degree at Holy Cross College in Worcester, Mass., where he was named to the Phi Beta Kappa honor society and graduated seminal fluid laude in 1977. He also attended the University of London and received a Masters of Business Administration degree from Columbia University in New York City in 1980.Mr. Keyes is founding chairman of Education is Freedom, a public charity dedicated to helping hard-working young people reach their full potential through higher educatio n. He serves on the national board of directors of Students in Free Enterprise (SIFE), the Muscular dystrophy Association, Latino Initiatives for the Next Century (LINC) and on the board of trustees for the Boys and Girls Club. Mr. Keyes also is on the board of directors for the National Association of Convenience Stores (NACS). He was recognized by the Network of Executive Women for his efforts to promote diversity in the workplace.Mr. Keyes serves in a leadership role within the local Dallas community as well, as an executive board member of the Greater Dallas Chamber of Commerce, a member of the Dallas Citizens Council and a member of Southern Methodist Universitys Cox School of Business and chairman of the Dallas Symphony Association.Mr. Keyes was born on March 17, 1955 in Grafton, Mass. He and his wife Margo live in Dallas.

Bible Project Essay Example for Free

Bible Project screen1. The difference among self-interest and selfishness could perhaps be silk hat described as the difference between a desire to be monetarily successful and voracious greed for every last penny. Self-interest is when soul wants to a greater extent for themselves, regardless of what it is they desire. A person could want more(prenominal) money, a bigger television, faster computers, or just mend health with six pack abs. Selfishness is much more like when someone is unforced to do anything, including hurt others, to get what they want. The difference is subtle, further it is in that location. Now, in terms of a competitive market place economy, selfishness go out lead to eventual collapse, while self-interest could potentially increase the general wide-cut, even if inadvertently. Selfishness is misdirect and businesses that be so will seek to draw as much profit out of their employees and customers as is possible, heedless of economic survival. 2. In my reading so far, I do believe the text will discuss normative economics. On page 178, the text has a section discussing unemployment. This set-a grimace section discusses the line of work of unemployment, and the question of whether or not unemployment would equal at all if the market were functioning perfectly. This theory is in all untestable as the market will never function perfectly, and/or unemployment will never cease to exist to test whether the market is functioning perfectly at the time.3. Adam Smith believes that people at sprightliness desire others to approve of them, so their selfish attributes atomic number 18 restrained just enough that people put ont think less of them for it.4. In keeping with Gods plan, a person advise take part of the democratic capitalistic society, but without becoming corrupted by it. A person keeping true to faith and prayer will be more undecided of sympathy, of doing more for the good will, and of creating an abundance of go od will (worth far more than its weight in gold). Keeping God in ones heart will keep selfishness out. -1. Reparation for historical acts is a very elusive issue to discuss, let alone decide upon. Honestly, while I feel for the countries and peoples that have suffered throughout explanation for the malicious and greedy acts of others, I think that offering reparations of any sort to anyone would do little more knock everyplace the first domino in a very long series of requests for reparations. It becomes a question of when to draw the line, and in that it would be unfair to say that this person doesnt deserve reparations over that one. If we atomic number 18 going to discuss the sins of one, we must admit to the same sinful traits of the other. The same greed that motivated the historical acts is likely to affect those coming anterior to ask for reparation. Rather than looking back, we should look forward and consider how best to aid these same affected peoples and countries i n the hereafter.2. Benefits 1) There are plenty of jobs to go around. 2) The quality of life improves, both through the proliferation of jobs and innovation in trade markets, whether agricultural or proficient or other change. 3) quite a little generally live longer and debatably healthier lives, through medical innovations, having more money to spend on healthcare, and better quality goods in their lives. 4) People and companies and churches and other charitable organizations are more capable of doing good in the world. More money does equal more charitable giving. 5) People can grow ambient through technological improvements (the phone, computer, internet) and through changes in transportation (one day there will hopefully be some form of instantaneous transportation, making it possible to be closer to friends and family who are very far away).Costs 1) As people come closer together, they are excessively driven apart. Currently technology binds people together, but to a fault isolates people in different rooms, on different computers, and practically living on different artificial satellites. The internet is the one place where you can be with millions of people and still completely alone. 2) Environmental damage is a serious issue, as we are entrusted with the stewardship of the planet and economic growth usually means that some company somewhere is taking shortcuts and likely making profit to the detriment of everyone. 3) As much as there are jobs created, there are also many jobs lost. For example, the growing crop of future employees will be far more computer capable and technologically innovative and skilled then the current set of employees. No doubt in the future companies will fire their current older and less qualified employees to hire someone younger, more skilled, but willing to take less pay.4) When it comes to the now plentiful state of food in most countries, there is a steep price to pay all on its own. Economic growth is usually best d efined by a growth in profits, and where a lot of food companies see a growth in profits is by spreading the meal as thinly and cheaply as possible. Food has become an amalgamation of processed chemicals with a little dash of real nutrition thrown and twisted in, both to suit the profit margin and to make meals easier for people to prepare in their increasingly engross lives. This is in stark contrast to a time when people used to buy food in its whole, natural state and cook it for themselves. Health is simultaneously going up and going down. People are living longer, but the quality of their health is one that is always up for discussion.5) Values are sometimes lost in a growing economy. As others prosper, even more see their success and covet it for themselves, losing sight of the real point of economic growth making lives better so that everyone can better partake in their faith and therefore please God.3. The United States can maintain its trade famine because of an inflow o f capital. Foreign markets bring in money, making it possible for the country to accept more imports.4. In the times past, have the winners shared? Not really. But today, I would say I think that zip is really losing as long as the trade system is working. In most cases both sides are going to benefit in some manner, although there will undoubtedly be one side gaining more than the other. But if the system isnt resulting in the complete destruction or abuse of a people or culture as it has in the past, there isnt a real loser.

Junk food in schools Essay Example for Free

Junk food for thought in nurtures EssayThe political sympathies had set out a exile to prevent junk food from existence sold to children at mobile canteens. Mark Fraser had written a letter to a newspaper company called Community Chronicle on the 29th of October 2010 to share his disbelief at the governments vain attempt to prevent obesity. Throughout this piece, he uses an assail tone. He aims to tar draw the audience of parents with children in schools to agree with him on his contention that this vain attempt leave not benefit the children. Since the beginning, Fraser believes that eating habits are heavily influenced by the parents. He urges parents to take responsibility of their induce children. He admits that he weighs c drop away to 100 kilograms and further strengthens his statement by claiming that he is a accountable parent. He personalizes the statement and enables the audience to see him as a regular person and also being a responsible parent for his childr en despite being overweight. Fraser argues that children need to learn self-restraint and that parents should be responsible to influence informed decisions for their children. He implies to the audience that a responsible parent should educate their children on their food choices.Fraser quoted Dr Peter Clifton who said 37 percent of their daily energy intake is consumed at school, but precisely 14 percent was lunch bought from the school canteen and schools should be a focus for combating childhood obesity but strategies were needed to tackle the lunchbox, not just the school canteen. He shifts the blame from the school cafeteria to the parents, implying that the parents should shew good decisions for their children when packing for them.Fraser believes that the bans go away have no impact on childrens eating habits. He begins by claiming this strategy will not make our children perfectly healthy eaters and it will not encourage our kids to get out and get fit. He implies that theyre other more effective solutions out there other than canteen policing. Fraser had also quoted two major principals associations that young people consume at most 5 of their 21 meals a week at school and the policy would make kids feel that junk food is an spellbinding taboo. He reinforces his contention by implementing the use of expert opinion, leading the audience to be more belike to believe his contention.Lastly, Fraser expresses his concern regarding the schools finances by stating that the canteen is a major revenue stream for school funding. He suggests that once the ban is put into place, sales wouldnt be too great and there schools would lose its main source of revenue. Fraser also questioned whether the government would be allocating additional funds for the revenue shortfall He also suggested that the government might not fund the schools revenue shortfall even if the school is abnormal by the ban. Fraser suggests that the ban will most likely start major finan cial problems regarding the schools revenue steam.Fraser believed that the ban proposed by the government was merely a waste of time. He had strongly conveyed his negative opinion toward the governments access from the very start. He believes that childrens eating habits are majorly influenced by the parents, not the school canteens food choices. Fraser also believes that the bans will be off no impact toward childrens eating habits and at the same time also cause major financial problems for the school. He urges for the state government to wake up and see that kids need opportunities to make their own decisions and stay active.