Tap and Bottled Water

Bradley TilkaOctober 16, 2012 Rhetoric and Public Address Mrs. Mendes Persuasive Speech specify Tap and Bottled peeing Goal To persuade the audience that 1. Bottled urine is not die than splatter body of piss 2. They should start using reusable pee nursing bottles Introduction Bottled water system is believed by many to be cleaner and safer than tap water While in many cases bottled water is clean and kept at a good look, it is al intimately satisfactory in most aspects with tap water 1. Costs and value of bottled waterBasically, I would like to entice you that bottled water is not all its made out to be the costs on bottled water make tap water a more sensible choice Bottled water is not better (healthier/cleaner) than tap, exactly most people are deceived into believing so Bottled water companies get invite for their own products with ad campaigns (pristine glacier/ corporation water) Invest in/Start using a water bottle First master(prenominal) Point Bottled wate r is not better than tap Bottled WaterPros and Cons Regulations on bottled water Regulations on bottled water (regulated by the FDA) are less strict than those compel on tap water (regulated by the EPA) (http//www. epa. gov/region7/kids/drnk_b. htm) * Regulations on Tap Water 1. Pros and Cons 2. Tap water is as healthy, if not healthier, than bottled water a) Strict quality policies are imposed on most sources of tap water by the EPA Unlike the FDA, the EPA requires local utilities to provide an Annual Water Quality explanation http//www. mayoclinic. com/health/tap-water/AN02167) Second Main Point Bottled water companies manufacture demand for their own products with ad campaigns Bottled water companies make use of desirable resource Pristine glaciers, green pastures, etcetera (http//abcnews. go. com/2020/Health/story? id=728070&page=1. UI9AQGl25cN) Main Point 3 Invest in a water bottle By using a pre-owned, reusable water bottle we can save money and resources on water (http//w ww. d. com/health/rethink-what-you-drink/) B. on that point are many products that can enhance tap water for consumers (Brita, aerators, etc. ) * Conclusion Three Main Points Our Problem Bottled water is not better (healthier/cleaner) than tap, but most people are deceived into believing so The casing Bottled water companies manufacture demand for their own products with ad campaigns (pristine glacier/mountain water) Solution Invest in/Start using a water bottleAt the cost that bottled water is provided to us, it simply makes more esthesis to choose tap water. Provided to us for a much lower cost, it accurately reflects its value as a basic necessity. Many believe that bottled water is cleaner and safer than tap water. However, tap water is, in many cases, equal to or even better in quality than bottled water

Feasibility Study Essay

1. 1 Tourism Profile prospicient Meadows is located in Mahabang Parang , Sta. Maria, Bulacan. Mahabang Parang is1. 0466 squared kilometer and as we saw the rank of barangays in Sta. Maria we saw that Mahabang Parang is in the 19th place. First it was owned by Mrs. Luzviminda Aguirre. When Mrs. Luzviminda Aguirre past away, her husband Mr. Bonifacio Aguirre and their children Armine Aguirre Garcia and Jayson Adlai Aguirre manage the haunt. Established in 1988, dour Meadows Country Resort started as a private Guests house and opened to the public as a resort.It is less than 30 minutes away from Balintawak toll Entry going to North It sits on a 3-hectare property, much than a hectare of which is properly developed. The resort features two (2) vainglorious Pools, two (2) kiddie Pools, a private Pool with Villa, 17 air-conditioned populate and open cottages, Bowling Center and Restaurant and Praderas Garden Pavillion The place exudes that countryfied yet charming appeal of a countr yside resort complete with property service and facilities. Long Meadows Country Resort is also Affiliated with Bulacan crosstie of Resort Owners ( BARO ), Sta.Maria Business Association ( SMBA ) and Tourism Projects.. 1. 2 geography Mahabang Parang is generally flat. The source of living here in Mahabang Parang are land and sewing or tailoring. And also this is the best place to build a resort. CLIMATE Santa Maria has a climate first type which is be as having two pronounced seasons Dry from November to April and wet during the continue of the year. During the run dry months, precipitation is less because of the prevailing easterly wind blow to get down rainfall in its leeward side.Santa Marias most overt months start from may and may have its maximum in August, which piecemeal decreases until December. During these most months, thunderstorms and rain showers causes precipitation in May and June while the rest is primarily due to the southeast monsoon that prevails on th is particular part of the year. Others which go on in November and December are caused by tropical cyclones that pass through the area. Temperature The annual mean temperature in the area is 27. 7 C. The warmest month is May with mean temperature of 29.9 0 C while the coldest is January at 25. 2 C. 1. 3Demographics Language As it is part of the Tagalog cultural sphere (katagalugan), Tagalog is the predominant manner of speaking of Bulacan so in Mahabang Parang we used Tagalog. Population During the census year of 2010, there were 3,411 people residing in Mahabang Parang and grew to 3,628 in 2013. CHAPTER II OBJECTIVE SETTING To reconstruct Long Meadows Country Resort because we want this to be on the pop tourism spot located in Sta. Maria and to grow the political economy of the town.Also to set up and develop new conveniences of this resort and meet customer needs. To construct frolical resort to gain more guest. We construct new and relaxing amenities to provide relaxation and recreation to the guest. To rehabilitate recreation and leisure because we want to develop new amenities and meet customers need. Also to construct resort and gain more guest, visit the resort. Having the marketing strategies to increase the sales of recreational activities and accommodation of the resort and to be as one of the competitors here in Bulacan.Lastly, to become catchy in terms of different new trending activities and known the resort through this. CHAPTER IV FINANCIAL CONSIDERATION (Including 30% labor) Pool 2 Slide & concrete stair 150,000 Wall Climbing 50ft. 120,000 Bowling Center 1,500,000 Gate 2 26,000 ______________ Total Amount1,796,000 CHAPTER V APPENDICES MAIN GATE ENTRANCE cardinal OF THE COTTAGES POOL 1 PRIVATE POOL JACCUZI VACANT LOT FOR fence in CLIMBING POOL SLIDE POOL STAIR GATE 2 BOWLING CENTER INSIDE BOWLNG CENTER.

Comparing and Contrasting Tragic Heroes †Oedipus and Prufrock Essay

Introduction Francis Scott Key Fitzgerald (1896 1940) the Irish American novelist and short story source of the twentieth hundred said Show me a hacek and I will write you a tragedy(as quoted in memor fittingquotations.com). Indeed more(prenominal) often than not, smashing tragedies of yore were always centered round the deeds or the misdeeds of a wedge heel (usually a man of noble acquit) his misfortunes and the cursed record of his life, mountaind to suffer and chance upon from glory. The concepts of heroes and heroism have themselves undergone vast deviates from Sophocles (496-406 B.C) times. Consequently, the inclination of hero-establish tragedy indeed, even the basic traits of heroism has undergone transformation.As once morest the noble-born, valianceous hero of Sophocles and Aristotle (in The Poetics of 30 B. C.), the common man who struggles to score a decent living, and meet in variant aspirations such(prenominal) as emergencying to be get laidd, given affe ction, loyalty, acquaintance etc, in a mundane, mechanized, and mad-after-money mankind (bereft of human values) his life has become the stress of the twentieth century tragedies. This essay, shall take two characters, Oedipus the King (425 B.C), in the antique drama of Sophocles, and J. Alfred Prufrock, in the twentieth century poet T.S. Eliots (1888 1965) Love melodic line of J. Alfred Prufrock (1915), and analyze their similarities and dissimilarities, with a brief definition of Tragic Hero as given by Sophocles, and the definition of a Tragic Hero in upstart times.Definitions with illustrations of Tragic Heroes Ancient and Twentieth Century First, the idea of a tragical hero, in the ancient times shall be discussed. Aristotle, who was a great Greek philosopher and thinker, stipulated a couple of traits as absolutely necessary for a tragic hero he moldiness be noble origin, or at least throw a noble spirit, and he must be the cause of his own suffering. Aristotle (384- 322 B.C), quoting the character of Oedipus depicted by Sophocles, set(p) raft certain rules that a tragic hero must possess a leader who is fil take with good and bad ele handsts Oedipus was of noble birth and had many noble characters like wanting redeem his country from the plague, to that extent he also was too proud etc he is ignorant of his imminent fall, though the audience have prior knowledge of it in chemise of Oedipus the audience had prior knowledge of his birth and identity, while he considers himself the son of Polybus, the king of Corinth his inherent flaw or hamartia is the cause of his fall his belief that he can over come the forecasting that he will kill his father suffers isolation because of this self- dismiss from Corinthsuffering is irreversible the blind he causes to himself later undergoes punishment because of his own pride or hubris Oedipus pursues the cause of remnant of King Laius, despite counsel against it a misguided reek of heroism, wherein he is prep ard to take on the guilt of the state or kingdom on himself his belief that he can almosthow overcome the prophecy of the oracle by leaving his parents resulting in greater conflict with fate Oedipus finally goes to Thebes and killed his own father, without knowing who the latter was, thereby fulfilling the oracle a restoration of balance to the original state of social harmony done cleansing of pity and fear Oedipus undertakes to go away in exile which was the punishment he had ordered for the killer of the previous king handing over the kingdom to Creon which he called catharsis or tragic satisfaction (adapted from Allingham, 20021). thus Oedipus exactly fits the role with of a tragic hero, as laid down by Aristotle.Coming to modern tragic hero of the twentieth century, as mentioned earlier, has come a ample way from the stipulations of the ancients for tragic-heroism. Daniel J. Boorstin (1914 2004), anAmerican writer, and the Librarian of Congress, dial og of the heroes of the modern world as being anonymous and the unsung hero the honest cop, the hard worker at alone(p), underpaid, unglamorous, unpublicized jobs (as in memor adequate to(p)quotations.com). A modern tragic hero may find outd as someone who does not hold any of the ancient lofty ideals, rather as an ordinary man who is disillusioned with the ruthless world around him and is not able to come to terms with it and suffers thereby with a feeling of helplessness, and is unable to sympathize his full potential because of this. Typically, he is subjected to moods, driven by extreme felicity or plunged into extreme sorrow, very sophisticated, filled with doubts, lives in the crowded cities yet suffers desperately from isolation, smart yet sensitive, and often disillusioned to such an extent that he feels life itself has lost all meaning or relevance to him. Eliots Prufrock, naturally suffers all these qualities.For example, he is always filled with self-doubt, a deep phobia of life, turning into what one could perhaps outflank describe as complete biological defeatism (Mirsky, undated). He seems to be the very best representation of so many negative attributes, like procrastination, in determination, doubts, frustration that reflects the ineffectual helplessness of the modern, urban man. The first few lines in the poem are from Dantes Inferno, which is used as a prelude, to show that Prufrock, the protagonist is already doomed and is voicing out his thoughts because he is so sure that no-one is listening them. The poem describes the innermost feelings, extremely tortured with a wanting, to disclose his love to his chosen woman, but prevented from self-doubt, and fear, phobia, Do I dare / Disturb the humanity? (Eliot, lines 44-45), because he only knew too well the out come of such expression That is not what I meant at all (Eliot, line 97).The realistic description of the places, possibly his dwelling place, reflects the sordid state in whi ch the typical twentieth century man lived, and the isolation he felt of lonely men in shirt-sleeves (Eliot, line 73). Eliots Prufrock, ultimately fails even to beget his proposal to his lady love, because he could not muster the courage to do it, with a premonition of failure overcoming him and, grows old, suffering life-long loneliness. In a sense this defeatism, is his flaw that proves to be the cause of his woes.He claims that he is not Prince crossroads (Eliot, line 111), referring to the Shakespearean tragic hero, implying his lack of royal lineage, but the banter is that he is, in fact exactly like Hamlet, who by postponing his decision avenge his fathers death, by killing kill Claudius, leads to the death of many others, and finally his own. All this prove that, he does conform to the go for of a twentieth century tragic-hero.Comparing and Contrasting, the two tragic heroes iodine similarity between the two characters that strikes a literature student nowadays is that, both Oedipus and Prufrock, actually are depicted as surviving long into old age, despite all their sadness and failures and disillusionment. Almost as if to sparking plug cud, ruminate all that had gone by and to die a delay painful death of their miserable actions misguided in Oedipus case, Woe, woe, and woe again / How through my soul there darts the sting of pain, / The memory of my crimes (Sophocles, lines 1372-74) and inactions in the case of Prufrock, I grow old (Eliot, line 120).Both, ultimately know their folly, or flaw, but are helpless to reverse the situation. In Prufrocks case, he is entirely the cause of his own suffering, but still is impotent to change the situation. Both despise themselves for their helplessness. Thus, their sufferings seem amplified and add to the brooding fibre of their tragic lives. Both are isolated and are despised by the world, in their thinking. Prufrock states that he doesnt think that the mermaids will sing to him Oedipus begs to be led away hurriedly, being the most polluted of all, and Of all men most accursed (Sophocles, line1396).Though the two characters share the above verbalise common traits and both are tragic heroes, there are kind of a few dissimilarities too. The first difference is the form of portrayal of the tragic heroes. Oedipus is the hero of the dramatic form, and hence his character is more clear and airfoil to study, presenting a fuller picture of all his characteristic traits and complex behavior. Prufrock, on the other hand is neither a king, nor of noble thinking, and he is the tragic hero in a poem. Implicitly, the shortage of space in a poem puts limitations on extensive character portrayal of the hero. Thus, the student is able to study only a portion of the characters life-span of Prufrock, in contrast to the full life history of Oedipus.The other most impinging contrast is that Oedipus is an ancient tragic hero actively upholding the principles of high idealism, altruism, justice, a nd valor while being beleaguered by feelings of jealousy, treachery, disloyalty, dishonor, greed, lust for power etc, the modern, tragic-hero is more of an anti-hero, and impotent. In the sense, he is so defeated by the power of the dull, uninspiring world around him, that he prefers to rather remain inactive, than to actively try to change his situation and be defeated. It is almost as if the uselessness of the attempts of the ancient tragic heroes have been embedded in the collective psyche of the modern tragic hero, and hence, he is already aware of the outcome, he doesnt even want to attempt.Oedipus not being aware of his true identity, led him to wrongly conceive that Polybus was his father, and thereafter his vow never to return to Corinth. But still he, as the mark of a true hero took an action of self-exile which ultimately led to fructify the designs of fate. Nevertheless, he was action-oriented and defeated. Whereas, the modern tragic hero in Prufrock, is so much a pessim ist, that he remains defeated with inaction by sheer preference. In fact, it is said that T.S. Eliot was reflecting on the dismal conditions of the world border him, and this poem partially paved the way for his other later work like The Wasteland (1922).The differing time-periods of the two characters have resulted in the portrayal of the incompatible societies in which these two heroes lived. For example, the people of the land of Thebes have been represented as the Chorus, and they are actively involved in the happenings of the state, the king and the welfare of the state, wake a healthy environment whereas, the desolate depiction of the twentieth century environment, in Eliots poem is more dismal, and uninspiring. It seems the society as a common force had died out, or at least not visible. outcome The tragic heroes Oedipus and Prufrock belong to totally different ages consequently, present entirely different set of traits and ideals by which they are depicted. While both t he heroes have some aspects common to all tragedies, they also display very contrasting traits which make their study, all the more interesting. However, both are symbols of negative impact that chasten the state, ancient and the twentieth century. List of readings and works citedThe sources on which this essay is based on areEliot, T.S.(18881965).The Love Song of J. Alfred Prufrock in Prufrock and Other Observations.1917. On line edition Published May 1996 by Bartleby.com Web destinationhttp//www.bartleby.com/198/1.html Accessed on June 12, 2006.Sophocles. Oedipus the King, translated by E. H. Plumptre. Vol. VIII, Part 5. The HarvardClassics. New York P.F. Collier & Son, 190914 Bartleby.com, 2001. Website reference work andhttp//www.bartleby.com/8/5/3.html Accessed on June 12, 2006.Other works cited and readings that have helped in gaining a better understanding towards writing this essay areAllingham, V, Philip. 2002. Aristotelic Tragedy and the Novels of Thomas Hardy inThe V ictorian Web. WebsiteAccessed on June 12, 2006.McCoy, Kathleen., & Harlan, Judith. (1992). English LITERATURE FROM 1785 (New York HarperCollins, 1992 265-66) Web site address http//www.vanderbilt.edu/AnS/english/English151W-03/prufrock.htm Accessed on June 12, 2006.memorablequotations.com (2005). Memorable Quotations Heroes website addressAccessed on June 12, 2006.Mirsky, D.S. Undated. T. S. Eliot and The End of Bourgeois Poetry trans. by Gunnar Jauch,Annelie Hultn, and Arwin van Arum. Website addressAccessed on June 12, 2006.

Bakery Industry in India

pic EXECUTIVE SUMMARY- The bakeshop manufacturing in India is the biggest in victuals exertion. It witnesses tremendous growth with the changing demographics and an advance in the quality of life of urban people & country people. I would like to thank you for providing me this opportunity to provide a brief knowledge about this industry & share some basic ideas to implement, while working in similar trade. CONTENTS- 1. INTRODUCTION 2. PRODUCTS 3. merchandise POTENTIAL 4. MANUFACTURING PROCESS 5. commercialize INFORMATION 6. FOCUSING MARKET SEGMENT & OTHER STRATIGIES 7. MY STRENGHT FOR THE GIVEN federal agency . 0 INTRODUCTION Bakery is a traditional activity and occupies an authoritative place in food processing industry. Despite the advent of fully automatic and semi-automatic kale as well as biscuit qualification Plants, a sizeable numeral of people still prefer sweet-flavored scribble and opposite produces from bakery. The bakery industry in India stop be cate gorized into the three broad segments of bread, biscuits and cake. Only 40% of the 3m tonnes bakery products industry in India is in the organized sector, while the balance comprises of unorganized, small-scale local manufacturers (Samant 2002).With changing sufferr tastes and with the entry of multinationals post liberalization, the average Indian is expanding his palate from effective bread, cake and biscuits to more sophisticated pizzas and burgers. The consumers are increasingly going for newer options with venerate to bakery products. Recently, there has been a blotto inflow of MNCs and other organized players in this sector, leading to increased competition. Few Companies that go by channel partner are Britannia, Biskfarm, and Morish etc.teratera Also, the Indian market is witnessing the proliferation of bakery cafe chains in the form of Barista, Cafe Coffee & Monginis etc. . 0 PRODUCTS There are many bakery products like bread and its polar variants, biscuits, cakes & pastries, cookies, puffs etc. having ready market round the year. Each product enjoys a very wide range in borders of size or weight, flavours, end-use and so on. There is a tremendous scope to stick in new varieties every year. However, this note deals only with bread and biscuits. This project can be started anywhere in the country and there is no pet location as such. This note considers Meghalaya as the contemplated location in pull in of good market prospects. . 0 MARKET POTENTIAL A bakery can be set up in urban as well as rural areas. Depending upon its location, a suitable product admixture can be worked out. This profile primarily considers semi-urban location from where nearby rural centres can also be catered to. In view of this consideration, the suggested products are bread and biscuits. These products are very well accepted in the market and pee gained consumer acceptance. 4. 0 MANUFACTURING PROCESS 4. 1 Raw Material- The major raw physical required is flour. Ideally, the unit can enter into a long term supply rrangement with an established flour mill to ensure adequate and seasonable supply. Other items like yeast, sugar, ghee, milk powder, salt, edible colour and flavours shall be forthcoming from nearby trading centres. 4. 2 Bread The Process Flow graph is as under ? Sifting of flour ? proviso of suspension ? Preparation of dough by kneading all the ingredients ? Fermentation of dough ? Baking ? chill and packing material 4. 3 Biscuits- The Process Flow Chart is as under ? Mixing of ingredients except flour in required proportion in paste form. Preparation of dough by mixing with flour. ? Placing dough in biscuit moulding and cutting machine ? Baking ? Cooling & packing 5. MARKET INFORMATION- According to Assocham-Indias bakery market is worth Rs 3,295 crore and it is witnessing a steady growth rate of 8%, stated the industry body the Associated chamber of Commerce and Industry of India (Assocham). More than 20-lakh tonnes of b read and 15-lakh tonnes of biscuits are manufactured in one single year. Moreover, Bread and rolls along with biscuits and cookies make up for 82% of the bakery products, said Assocham.Furthermore, Cakes, pastries, buns and rusk make up for the rest. almost 65% of bakery products are manufactured in the unorganised sector. DS Rawat, Secretary General, Assocham, Due to increasing consumer gravitation towards convenience products and healthy food products, the bakery industry has undergone a virtual metamorphosis since 2004. Reports claim that the per capita inlet of bread is just 1. 75 kg. The southern states consume almost 32% of the bread manufactured in India and in the northern, western and eastern states consume 27%, 23% and 18% respectively.Moreover, Maharashtra and West Bengal have got large number of bakery units. Almost 55% of biscuits are consumed in the rural areas referable to long shelf life and also popular taste. 6. FOCUSING MARKET SEGMENT & OTHER STRATIGIES- With having a wide range of acceptance in all age group, The upper limit age group that Consume maximum by 10 years to 35 years, so these groups get attracted mainly through Their friend circle, I would like to open some liquid ecstasy shops that will make our brands Identified. I would like to make our brand identify as a health improving product with dissimilar Poster, Danglers etc. I would like to capture the rural market & semi urban market with applying direct selling Sales person with incentive for do our brand more & more available at each point. Capturing different institution like CCD,Barista as well as college,University canteen etc. 7. MY STRENGHT FOR THE GIVEN ROLE ? With having 6 years of experience in unshakable moving items & logical attitude to apply marketing Methods to improve subscribe are the first & basic point of acceptance. My eagerness to learn tight & yielding a result that is valuable for company in monetary value of company. ? Having enthusiasm to p rove my value to company, always drive me to research for the methodology & execution of sales & sales promotion activity. ? My flexibility to work with different people of different culture & building, developing Team is the added quality. ? My calculative onset that value for money & logical thinking always decrease the appeal Of marketing with yielding high result.

Occupational Safety and Health Essay

What is OSHA? OSHA is an abbreviation for Occupational Safety & Health formation which is a government agency under the U.S department of Labor that serve ups employers pare injuries, illnesses, and deaths in the piece of motion. (____) OSHA is extremely important to the U.S and its churn force in galore(postnominal) different ways than one. OSHA assists in arctic on the job in several ways such as encouraging employers and employees to reduce workplace hazards, establishing the dependables of employers and employees regarding the improvement of workplace safety and health, and also monitoring job-related illnesses and injuries through a system of reporting and record keeping. With the presence of OSHA businesses are required to keep abreast certain regulations and guidelines that not only protect the employees but also keep on any unethical behavior from employers that may result anywhere from a high turnover rate to law suits.OSHA being this significant to the U.S labor force begins to bring about curiosity of what does the rest of the humanness charge to assure work-related safety on the job. Through explore I pay back noticed that Canada, one of the United States closes neighbors, uses a system called CCOHS or Canadian Centre for occupational health and Safety. The CCOHS has a vision which statesWe serve Canadians and the world with credible and relevant tools and resources to improve workplace health and safety programs. We promote you to join us in creating a work world without pain, acquittance or tragedy. We believe that all Canadians flip a fundamental right to a healthy and safe working environment. Through our programs, services, knowledge, commitment, and action, CCOHS will encompass its efforts to advance health and safety in the workplace (____)CCOHS was established in 1978, to promote the total well-being physical, psychosocial and mental health of working Canadians by providing information, preparation, education, manageme nt systems and solutions that support health, safety and wellness programs. (___) CCOHS is governed by atripartite Council representing government, employers and employees to ensure a balanced approach to workplace health and safety issues. CCOHS offers a range of workplace health and safety services to help organizations raise awareness, assess risks, implement prevention programs, and improve health, safety and well-being.Canadas CCOHS and the United States OSHA are quite similar in the respect to fulfilling its responsibility to encourage workplace health and safety, and reassure attitudes and procedures that will lead to better-quality doer physical and mental health through an extensive range of products and services. CCOHS provides a selection of public service initiatives at no charge to the user, such as OSH Answers, the person-to-person Inquiry Service, newsletters, and the workscape online discussion board to educate employees of use safety procedures and terms of CCOHS .This is Canadas procedure to educate and encourage a safe, sufficient work environment. This is similar in term of the many programs that OSHA offers for training/education and the checkup management program such as for CTDs. The medical management program, through OSHA, ensures understanding of early identification, evaluation, and treatment of signs and symptoms to prevent their payoff and to aid in their prevention. (pg. 53)In conclusion, we may come to the understanding that some(prenominal) the U.S and Canada aim to complete the same fundamental purpose within the work force which is safety. Although both systems titles may not be the same, they both have the same emphasis of ensuring and improving health programs concerning employers and employees. Both countries take pride in establishing and enforcing mandatory on the job safety and health standards. From my research I feel safe and now more educated tour working within the U.S and if ever I were to move to Canada that comforting soupcon would remain present.http//www.toolingu.com/definition-850100-18819-osha.htmlhttp//www.ccohs.ca/ccohs.html

A good leader Essay

aditThere has been for everlastingly con facial expressionr fit discussion to the highest degree connection mingled with capacious draws and ethical come iners. It is said that in identify to be a wakeless(prenominal) draw or sobody should be a tidy follower. In my point of, a unspoiled drawing card is the person who in like manner has been a commodity follower, person who has proven unmatchedself ability to follow the instructions, who washbowl subjugate ones will to the will of others who has undertaken the responsibility of attractionship, able to harbor constructive comments and debate issues when necessary and able to stand up for the principles in which one believes. The person who target manage to perform ab away mentioned missions tail assembly be c all tolded a healthy follower.However, it does non mean all tumesce(p) pursual become continuously earnest attractions. There ar some flock who atomic number 18 astounding as choir singers only awful as choir directors. There atomic number 18 many great followers who ar non honorable leaders. Nevertheless, it should be noted that effective leaders and good followers normally posses the same characteristics and responsibilities which may be the main reason for considering an opinion that a good leaders excessively prevaild to be a good follower. attracters the ones who arrive brought our animateness many changes, make differences and make our life sentence more interesting and interactive. But, if in that location were not followers there would not be a good leader, as, followers the most essential assets of a good leader.1. whatever sight understand a leader simply as somebody whom flock can follow or as someone who guides or directs others, magic spell others define leader as a person who affects a group of slew towards the execution of a goal. With affect to follower, follower is a person who follows anothers teachings andbelief, one who admits th e command, guidance and leadership of another one (www.vtaide.com). Some held conception that to be a good leader you ought to be a good follower. In identify to be a leader, a person at first should learn how to be a good follower. Initially, majority of great leaders followed in the foot measuring rods of other good leaders and utilized training to achieve their leadership goals. In order to nurse followers, a good leader moldiness have ability to collar his or her followers and what the followers desire from the leader. And, the best way to experience it, the leader should be a good follower.As, rich stack frequently cannot understand poor multitudes condition, if only the rich did not experience the poverty in their own life. The poor people can comprehend each other bring appear because they have similar line of works. Moreover, we are all followers in some spheres of our lives. And in this case, we can nonplus some essential qualities and skills which friend us to become a good leader. The reason for this is training which considered as a provideful tool in order to attract ones imagery to higher sights, change magnitude their performance to a higher standard, and forming a personality beyond its usual limitations to its full potential. For instance, in the history, the Apostle nib had made a lot of mistakes ahead he followed Jesus. After following Jesus for three years Apostle Peter and his fellow-disciples turned the world upside down( John C.Maxwell,1998) Besides, leaders and followers divide some characteristics.2. These are the following qualitiesAwarenessurrently, leders have to know ab come out of the closet polar audiences including board members, customers, co wagerers, colleagues, and the audience on the whole. You oblige to know what it tkes to bring them long, if you desire to be good a leader. In order to be a follower you should educate yourself how to be conscious of the requirements of public as well as their potential to make ones life hell from one second to the bordering (Barbarra Kellerman) . secure followers study to read public and comprehend what distresses and stimulates them.DiplomacyWhen good followers meet a co-worker with frantic political beliefs or an offensive music director, they are maybe not going to struggle both fight. To takepart in a position of the follower is less risky, easier, and lots simpler. Good followers observe how to handle with those who possess dissimilarities composition not dis visualizeing those differences. That is an essential leadership feature, for the reason that a manager or leader cannot afford to be unconscious to the relations of those people who surrounds him or her (www.success.bz).Courage universe a good follower indicates owning the gallan refine to dis crack if you believe your manager, superior or leader is acting something incorrectly. That is always obscure, but it demands the strength of belief which is very essential to good leadershi p. macrocosm a good leader is complex in methods that are sort of alike to cosmos a good follower. It means paying attention, organism engaged, having the bravery to cry out when something is not proper way. Also, it means possessing the power and activity to countenance a leader or manager who is implementing things wisely and well.CollaborationIn many cases, the leader influences if and how the goals are accomplished eon followers are able to implement or break. plane though the leader may receive most of the credit, in many traffic sectors, followers are the people who are acting much of the seminal work. leadership who have been good followers comprehend how to work with people who can help to bring out the well enough in them. One of great leader said that Was it the imaginative collective of team up members at Apple, or did Steve Jobs really invent the iPod and iPhone? Currently, leaders may be reckoned up not only by how much is accomplished or produced, but by the quality of its members and the team or organization (Ronald E. Riggio). tiny ThinkingYou need to be able to believe for yourself, in order to be a good follower. The best followers encourage and help the leader when he or she is acting the correct thing, and stand up to the leader when he or she is directed in the wrong direction. umteen of the same qualities that we are enraptured with leaders competence, motivation, intelligence-are similar characteristics that we desire in the very best followers (www.lifehack.org). Besides, leaders, in spite of their degree, they as well mustiness follow.3. Even though, leaders and followers share the same qualities, also, there is all the same much dissimilarity between them. Leader has to be marooned and freelance in order to rely on himself. A bright awardcase of this can be seen in the book called Enders gameEnder had been isolated in order to make him struggle. That was the only way he would ever have been otherwise. Moreover, it ma de him untrusting, angry, strong and lonely. But, maybe these qualities made him a better soldier (michaelhyatt.com). . Leader is usually the person who is being relied on his followers. pursuit only must be efficient during the struggle. They have to be undefended to implement the commands by their leader, with own skills. In other cases, it is not so essential to be that competent. They could lease aid from their leader or friends. But, leaders, cannot ask for aid from his followers because, otherwise his followers may consider him incompetent.Being a leader is not as easy as being a follower. leaders illustrate inventiveness when they have a ecumenical clutch for a assure they can strategically lay out the most appropriate way to reach the final goal opus followers require step by step instruction and reside direction to follow by the leader. They need regular approval and guarantee, in case, something goes wrong. leading are not content with simply expecting for the next step because they are very active. They disdain inactivity and when there is lack of progress. They are motivated by subjugating any obstacles in their way and accept responsibility. With regard to followers, they escape from amenability and would prefer when somebody else is amenable instead of them. Also, they agree with inaction as long as a leader does not motivate them to carry out the objectives. When followers usually experience obstacles in certain manikin of work, they are not capable to manage with them alone.Leader is the one who can help to a follower how to handle with difficulties. Leaders are not afraid of a strong sense of anxiousness or revere on the contrary they prosper on it. They show that they have ability to manage with everything and very quick in make decisions. They attack fear and tackle it head on and show it who the emboss is. With reference to followers, when they have to make a decision, they usually feel fear which causes to escape from a challe nge without any real exculpation. Because they try seldom to make something new and they are not capable to risk (Dale Carnegie, 2010). followers disdain any alterations and attempt to avoid them. Leaders are innovators andvisceral so they accept changes. Moreover, they are aware that some measure it is possible that some changes can be very beneficial and may help people to achieve their objectives as well as improving and flourishing their experiences too.4. resembling many traits of the prominent people, being a good leader is an debatable characteristic and very complicated to describe. Many people have different conception of a great leader. But, in my view, a good leader is the person who, first of all, has ability to make unthinkable things possible in order to be distinguished from other people and his followers. Also, a leader needs to comprehend what objectives and purposes are to be accomplished and needs to oblige to those objectives and purposes and by never compro mising with the truth. Even though, there are times when leader may have to yield a little, bend a little, but he should always have a clear survey of the final objective that he and his followers have wish to achieve. He must focus completely and totally to attaining the aim, by not permitting himself to be diverted, inactive, complaisant and negligent (www.fastcompany.com).In order to be a good leader, I would try to be quicker to evaluate and criticize myself in order that I may benefit from my personal self-analysis and amend myself constantly and try to not to be hurry to adjudicate others.A good leader has to listen to constructive remark and must hear crude(a) complaints and reckon up them with good criticism in order to supplication that which is affirmative and peremptory to the achievement of the objectives to which I am dedicated. If, I were a leader the first thing I would do is analyzing the aim which is infallible to achieve and arranging everything in proper way. Analyzing includes not only purpose out the goals, but, it also comprises followers or people who will work with you and what is the best appropriate method to attain the goal with the help of your team. When you take your followers, you will be aware what they desire and which qualities and abilities they have and how to help them to get over and turn their weaknesses into the strength in order to achieve common land goals.Moreover, it is vitally essential to work out and develop a strategy in order to attain objectives with a help of your team and find out your concur rents and enemies and how to overcome them so as to become more sizeable and successful. A bright example of a great leader that I would like to take is Alan Mulally who is CEO of Ford Motor Corporation and also has taken the third place in the list of Great leaders in the world ( lotMagazine, 2014). He says that One of the most essential tasks of the leaders work is intensifying the process we are utilizing to attain our objectives. Furthermore, it is not only the way of simply asking, How are we doing? It is requiring, How are we performing against the project? What are the spheres that demands particular attention? At the end of the year, what strategies have we worked out to ameliorate our fulfillment in next year?(Rirk Kinkland, McKinsey Publishing 2013). 5. Some key qualities that I would like to possess and implement, if I were a leader are the following Honesty and ResponsibilityAn essential and basis grammatical constituent of a great leader is honesty. Your business and followers are a reflection of yourself, and if you are honest and behave yourself ethically it will be a key value for your followers to follow suit. Moreover, if you are not honest, responsible and reliable person you will not have people who will follow you. So, if your co-workers and followers do not trust you, it is impossible to be a leader. It is very important for the people who will follow you to be sure that they can rely on you and that you keep your promises. Also, the good leader should be dedicated towards his or her job because it shows that you feel responsibility. However, a good leader also must differentiate the people and followers whom he can trust in order not to be sure that his followers will always support him during attaining the goals. CommunicationGood communication skills aid the leader to get easily and to share ideas or exchange with opinions with his followers. Also, it is important to elude misunderstanding in an organization because discerning what you desire to be implemented might seem transparent in your head, but if you try to clarify it to somebody else and it may be grasp in a different way which may cause to a problem. So, being capable to succinctly and clearly describe what you want to be accomplished is vitally essential. Besides, a leader should possess this trait to communicate with his client with various backgrounds. VisionBeing a great lea der also includes possessing and developing vision. It means having vision to forecast the future as if it were already here. A brightexample can be Steve Job, who often performed this. He created a transparent picture in minds of people how a new output would alter the world before even it was launched. He had ability to make humans excited about the future which he imagined in his mind. Good leaders must develop the talent of vision in them as well as in followers to encourage them to be better in those skills which they possess. It helps to commit innovations and attain common goals. affirmatory AttitudeA good leader should have a positive thinking and attitude in order to stimulate confidence and pose inner strength. It is essential to remember, that confident and calm leader is a good example for his followers to feel the same. Besides, a great leader must motivate his followers and people around. If your followers feel happiness and are motivated, there are more chances to r each the best achievements and moving ahead. Also, a good leader must be capable to solve problem and find the solution to every problem which he encounters in life and not avoid it. And, it is usually easier to find solution to the problem when you are calm, confident and have positive mind-set.ConclusionBy way of conclusion, it can be marked that being a leader is more complicated than many people expect it. Being leader requires many efforts, profound work and a plenty of affirmative traits which hare complex to attain. With regard to followers, it is easier to be a follower rather than being a leader. Even though, followers and leaders share similar qualities, not every good follower can become a good leader because there are many differences as well. One of the main differences between them is responsibility.Leaders oblige to be responsible not only for their actions, but, as well as they must be responsible for deeds of their followers. Furthermore, leaders are braver, creati ve and more inclined to risk. People who try to avoid challenges are better to be followers than being a leader of a group of people. I think every leader must always learn in order to be very smart and try to obtain more knowledge and experience in different kind of spheres. But, the main task of leaders to help people to achieve common goals and direct his followers. Also, leaders have to always try tobe a great person who can change the world to the positive side and make it better.References1. Barbara Kellerman 2009 How confederates are Creating Change and Changing Leaders ready(prenominal) online http//www.fastcompany.com/3029840/bottom-line/5-ways-being-a-good-follower-makes-you-a-better-leader March 17, 2009 2. Carol Giannantonio2011 A Great Leader Is A Great Follower unattached onlinehttp//www.success.bz/articles/1833/a_great_leader_is_a_great_follower July,2011 3. Dale Carnegie 2010 How to Win Friends and Influence People unattached online http//www.lifehack.org/article s/productivity/15-best-leadership-books-every-young-leader-needs-read.html February, 2008 4. Fortune Magazine2014 Fortune ranks the Worlds 50 Greatest Leaders Available online http//fortune.com/2014/03/20/fortune-ranks-the-worlds-50-greatest-leaders/ March, 2014 5. Gwen Moran2007 A person who influences a group of people towards the achievement of a goal Available onlinehttp//www.vtaide.com/gleanings/leader.htmSeptember 26, 2007 6. James M. Kouzes and Barry Z. Posner2010 The Truth about leadership Available online http//www.fastcompany.com/3029840/bottom-line/5-ways-being-a-good-follower-makes-you-a-better-leaderSeptember, 2010 7. John C. Maxwell 1998 The 21 Irrefutable Laws of Leadership Available fromhttp//michaelhyatt.com/why-the-best-leaders-are-great-followers.html September, 2008 8. Rik Kirkland2006 Leading in the 21st century Available online http//www.mckinsey.com/insights/strategy/leading_in_the_21st_century_an_interview_with_fords_alan_mulally November, 2013 9. Ronald E. Riggio2013 Leaders lead. Followers followAvailableonline http//www.fastcompany.com/3029840/bottom-line/5-ways-being-a-good-follower-makes-you-a-better-leaderApril, 2014

Shaklee Investment Global Business

Shaklee muckle A New Idea That Has Old Roots Corporation outline Sean 10/11/2012 Contents 1. Introduction to Shaklee 2. S. W. O. T Analysis 3. supplement Resources a. Motivating small championship proclaimers 4. Foreign Investments a. Japans Yamanouchi Pharmaceuticals Co. 5. Moral Courage a. oft needed trait b. Current Leader 6. Management Structure a. integrated b. Local c. Global 7. Future Expansion a. Ind iodinesia b. Cultural differences c. Ethical and clean-living issues 8. Obstacles in New Country a. Laws and regulations b. Economics d. No currency issues . purpose a. Opinion on emergent The world as we pick out it is forever and a day changing and straightway much than ever people on this syllabuset atomic number 18 human faceing for charges to improve their health and demeanorstyles. It dont stop there, at this moment m all imagine our planet is in trouble and ar now looking for honey oil mathematical harvests to nurture future generations. on that point are many contrary companies that are moving toward this nonwithstanding there is a business that has made it their goal to be kilobyte since its inception in 1956 the Shaklee Corporation. The club was founded by Dr. Forrest C.Shaklee a well- tell apartn scientist and nutritionist, who started the club on just one product and a sales plan that relied upon people reaching out to help other people. Since then Shaklee has grown to global proportions and now has oer 200 products from cleaning solutions to sports nutrition. They get down tardily had a change in leadership and he is pushing the federation to freshly senior towering school beginning to move business to larger countries. There are many obstacles when it enters to moving a corporation to another unpolished and the guild does well with making sure to fork over a voiceless management team.Knowing this there are many strengths that Shaklee enjoys notwithstanding also whitethorn be limiting their strength. Many people do not know that this troupe exists since they do not participate in the same merchandise style as mainstream America. Needless to say the telephoner stands by its way of marketing and believes in it for some(prenominal) reasons. A simple way to look at the strengths of a company is S. W. O. T. analysis and this company has many various concepts to capture into account Strengths Weaknesss Opportunities ThreatsMarket PositionWide array of productsCustomer retentionNo overlyl testingGrowing businessNo impact on environmentEndorsements from athletesHave kept increasing in r in timeue done recession Cant purchase anywhereNot much advertisementMore mainstream athlete endorsementLong term management has stagnated in their operational effectivenessPricey products for average income Product development is very material and with owners who believe in productsNew International MarketsSmall business opportunities are becoming more than prevalentChanging in value s of world going unripened they are already establishedNo one wants to look old and they absorb more and more products centered nearly health a growing marketAlways finding modernistic customers from independent distri only whenorsBusinesses are moving in this direction of greenPeople may not want to taint products from internet they tend to just get the things at the storeHard to take over the everyday wasteful products people suffer been using for decadesSupplement market is already overwhelming and unregulated Shaklee is a company that has been driven to new heights ever since new ownership was taking over in 2004. This company is the first to acquire consumer products completely green and use 100% green power. They sojourn to grow and are really trying to move toward more countries around the world. They also have to beware of the entire green effect and companies may start moving in the same direction pronto because, saving the planet is becoming more and more preval ent in todays society.It is also very tough to create a corner in the industry if people largely do not know the company even exists due to its personnel distribution process. Shaklee has unceasingly relied upon direct selling and people who truly believe in the product to get the word out. You cannot find their products on a shelf in a store and because of this they have been able to retain customers for longer periods of metre an average of 15 years. This number would actually be higher but they have extended their range of business and have many new consumers now. The people who sell the product truly believe in its benefits and they make sure to constrain motivated by having a number of incentives. They liberty chit opportunity to go on trips, win vehicles, and opportunity to move up through the company with dedication.Holding seminars to make sure that employees are properly recognised for their work and making corporate leaders available to speak with any employees is a st aple of the company. as well as gives employees a flexible schedule so they can enjoy time to themselves and this seems to be one of largest draws of working for them. Also it is simply more powerful to hear about a product from a friend than it is just on a television interpenetrate and it gives the product more credibility. But all this would not be realistic without having investors from domestic and foreign companies. The company made a leap to a fortune 500 company in 1982, at this point they began sponsoring exceptional athletes and even an accent to Mt.Everest that was the first not to use supplemental oxygen. or else the climber used only Shaklee powered nutrition. The company was purchased by Yamanouchi Pharmaceuticals Co. in 1989 but failed to expand as quickly as it could have below this new management. Regardless during the period that they were owned by Yamanouchi, Shaklee did manage to be the first company in the entire world to totally offset its carbon emissio ns, resulting in a net-zero impact on the environment a conquering feet in todays society of damaging emissions. The company would again be found under new leadership by 2004 and this is when Shaklee begins to grow to its full potential.The company would be purchased by Ripplewood Holdings and Activated Holdings and anticipate a new CEO Roger Barnett. This new CEO is very industrious in the company and has visions of dominating the industry as they are and have been the number one natural nutrition company in the U. S. He is not afraid to embark on new endeavors and has made it realistic for the company to expand into new proportions. Roger has set a very high bar for each and everyone involved in the company and displays leadership qualities that are contagious throughout the company. Under his leadership the company has begun to expand into new countries and just about recently a beginning in Indonesia.They also have a strong presence in Canada, China, Japan, Malaysia, Mexico, Taiwan, and of course the U. S. Roger possesses a much needed trait in todays business, which is the courage to cause products to people who may not have the income we enjoy here by making it affordable by that particular countries income, while still viscous to all the companies guarantees. The company also believes in helping charities of all types and even helped power an African village. Roger has had the company expand its product lines to new proportions and promises to hold on to innovate and become even more diverse year aft(prenominal) year. It is an effort of many people to make all of this happen and you must(prenominal) have good leadership around you to be successful.Most strong companies have very strong management team and Shaklee is no different, with many different levels of management that are committed to the company and products it makes. Although you are essentially your own boss when working for the company there are leaders that have responsibility. At the corporate level, Shaklee relies upon basically nine people and the CEO to take care of major policies at the companys headquarters, which is located in Pleasanton, CA. These include a financial officer, marketing coordinators, chairman for global and medical research etc.The local level is comprised of many different levels and it starts with a stolon manager. The company relies on various levels below managers n each singular office so there is forever and a day someone to learn from and keep you motivated. All these positions lead the same way in the global coordinate of the company. Shaklee has been able to keep the same direct selling attributes that it uses in America. When moving into a new sylvan having the right management is crucial, because there are so many differences in culture. Shaklee has set its sights on many places and most recently it is Indonesia. They have just opened business in the coarse June of 2012. When beginning an endeavor there are many things to take into reflexion one includes the cultural differences that they must overcome.Although the terra firma does not live too much differently than Americans do they do eat much differently than us due to economic conditions. Products must have different ingredients in order to be able to use them in other countries such as Indonesia. Also the diversity of this estate is prevalent they have several different languages and thousands of islands, which all have their own separate beliefs and backgrounds. People in this farming are also softer spoken so they do not accept loud speaking and forceful conversation. Also businesses from America must take into account that the average Indonesian does not live the consume lifestyle. So Shaklee has been able to develop products that are affordable for the average citizen in Indonesia.With a new company new opportunities arise for a country that has few, having a way to enjoy an income in Indonesia is very hard to come by. As Shaklee begins its opportunity in Indonesia the company must consider that the country is not as advanced as the U. S. Labor is much cheaper but skilled workers are much more difficult to come by. The company has to put a lot more money into training of the hands and making sure products are made properly. The next issue that concerns the company is the political and economic turmoil of Indonesia. Shaklee must go to extreme heights to protect all their investments. Business in the country must be awake of the high crime rate there are a number of problems with corrupt legal systems.The companys assets are always at risk of fraud, laundering, and also theft of property. Shaklee must also know that anything that is to be imported and consumed is subject to analysis from the Food and Drug Administration. The company must also undergo the pain staking process of securing materials, buildings, and a strong workforce to have ideal operation. There are many positives when it comes to business in this country. Shaklee is able to operate under 100 percent ascendance as the government does allow this in Indonesia which is not always the case. The country also is the fifth most populous in the world so the market for the product is enormous.Also the currency is freely exchanged in the country so it is very easy for the company to convert from Indonesias rupiah to U. S. dollars. With this emerging economy the laws and regulations are constantly changing as they learn how to protect the companies in its respective country. The future of Shaklee is undecided but it has enormous potential to dominate the market. Although Shaklee is the number one natural supplement producer in the world I think the company needs to move toward more of the BRIC countries. They do have a base in China, but now they must move into the other 3 countries. There are soon no plans to go into Britain or Russia, but the company has set its sights on India and plan on beginning business there sometime in the next couple years.I also believe the company would benefit from more mainstream advertising to get people familiar with the company and products. But, Shaklee does need to model to its direct selling methods and keep making progression into new markets. Shaklees mission is to provide healthier life for everyone and a better life for anyone. They are a one of kind natural and completely green company and this instills credibility and longevity with their clientele. I expect the corporation to continue to grow immensely as people become more aware of what they put into their bodies and possibly be a household name in nutrition supplies throughout the world.Works Cited Bower, Amanda. Putting the Green into Clean. Time 19 Nov. 2007 n. pag. Web. Peng, mike W. Global Business. Mason, OH South-Western Cengage Learning, 2009. Print. Shaklee Corporation Providing a Healthier Life for Everyone and a bettor Life for Anyone. Health, Wellness, Nature, Opportunity. Shaklee Corporation P roviding a Healthier Life for Everyone and a wagerer Life for Anyone. Health, Wellness, Nature, Opportunity. N. p. , n. d. Web. 12 Sept. 2012. <http//www. shaklee. com/index. shtml>. E-mail interview. 09 Sept. 2012. N. p. , n. d. Web. 08 Oct. 2012. <http//www. doingbusiness. org/law-library/indonesia>.

Financial Analysis of I.T Ltd.

Company background I. T contain (0999. HK) is an investiture retentiveness confede proportionn based in Hong Kong. It was listed on the main board of The Hong Kong short letter Exchange on 4-March-2005. The guild offers a wide range of primp products. It sells its products as well as offers a variety of national and world-wide brands through its lollyworkwork of retail stores. As of February 28, 2011, it ope layd 392 stores in Hong Kong and Mainland China. Objective To fall uponk a comprehensive analysis on the financial per manakinance of I. T. Limited. exact financial dimension analysis streakament be performed.An estimation of the watertights exist of rectitude metropolis of the United States and weighted average comprise of capital allow as well be provided. Horizon of analysis We will focal point on its performance in the la render 5 monetary forms. A) Detail financial analysis The financial analysis will be conducted in two slipway. First, the stud y accounts on financial statements will be inspected in distinguish to derive a general picture on the healthiness of the business. Second, PERL (Performance, efficacy, Risk, fluidity) framework will be use to further psychoanalyze the financial performance of the attach to. I.Going through the financial statements We can get a glimpse of the healthiness of the business by looking into the geld of report items in income statement, proportion canvas tent and immediate payment fall down statement respectively. merge income statement (Referring to concomitant A control board 1 and 2) 2008/09 was a picky grade, financial tsunami happened. Therefore there was a huge simoleonsability extend to in that division, resulting in a large decrease in run profit. And since the market recovered in 2009/2010, the profitability suddenly accessiond a lot in that fiscal twelvemonth. Other than these wo special years, the overall appendage drift in sales perturbation, costs, an d profit is intelligent. (Referring to appendix A table 3) Standardizing the income statement can extract extra information. on the whole the accounts be convey as a percentage of employee turnover. The club has done a dependable job in cost controlling, since the cost of sales as a percentage of turnover is in a decreasing trend, hence the piggish profit security deposit is in an add-on trend. On the separate go through operating expenses fluctuates at about 50-51% of turnover, but since cost of sales has a greater decrease, the net effect is operating profit is in an increasing trend.Consolidated balance poll (Referring to appendix A table 4) In general, constitutional assets experience an increasing trend. This is primerable since the business is at a evolution stage. One nonable point is the process of non- present-day(prenominal) assets look greater than trustworthy assets, especially property, furniture and equipment has a very significant increase in 2010/ 11, this is probably collect to the rapid expansion of retails stores in Hong Kong and China. And as a result, there is a significant increase in inventories in 2010/11 too. (Referring to appendix A table 5)Similar conclusions can be drawn by viewing the same accounts in a standardized balance sheet (all items ar standardized by entirety asset value in the fiscal year). Property, furniture and equipment, and inventories make up most of the total assets. (Referring to appendix A table 6) Liabilities in addition grow a lot with total assets as the business puff outs. Notably there is a significant increase in both short-term and long term buzzword borrowings. In addition the succumbable accounts also increase much than 100%, intend that the f driftrnity bought stocks or services from suppliers on credit more(prenominal) than in front.This harvest-time of liabilities is fine as long as the company can leave consistent operating cash streams, as we will see in the next section. (Referring to appendix A table 7) Similar conclusions can be drawn at standardized balance sheet, hope borrowings and payables increase significantly, especially for longer term edge borrowings. (Referring to appendix A table 8) The growth of the business was mainly funded by growing liabilities, as we can see that the growth of equity is not so significant, the company has not issued revolutionary sh ares to get funding. The company has simply retained some of the profit in for each one year into reserves.Consolidated cash flow statement (Referring to appendix A table 9) The company has improved its cash flow generation as its business grew. The profitability of the company change magnitude, and so as the cash generated from operation. And since the company has increased in sizing, it has increased its ability to finance from banks, therefore it also increased its cash generated from financing activities. Although the company has increased investment in quick-fro zen assets and hence the cash outflow from investment, this is offset by the increase in cash flow from operation and financing.II. PERL (Performance, Efficiency, Risk, Liquidity) analysis (Referring to appendix B and C) 1) Performance earn margins ( common, operating, net) Gross profit margin keeps increasing. The la audition externalise is 63. 35%, which is a very broad(prenominal) margin. This is probably due to the increased brand image of the company, hence the company can increase the sell price of the products. Also, the company shifted the focus on selling products of its own brands more than imported brands, this also increased the gross profit margin.Both operating and net profit margin are also in an increasing trend (despite year 2008/09, a special year which financial crisis happened). But it is deserving noting that the reliable margins are 12. 08% and 10. 12% respectively, which show a great fight from gross profit margin. This indicate the operating expenses are very high, feeding up more than 50% of profit margin. The company should think ways to further reduce operating costs. Return on rectitude (hard roe) The company has increased its hard roe along the years despite the special year 2008/09. The latest ROE is actually a high return, 21. 6%. So what are the main drivers of such high return? By utilizing DuPont analysis, the reason for return growth can be found ROE = wampum net income allowance x plus overthrow x pecuniary Leverage The net profit margin is increasing throughout the years. At the same time, since the financing ability of the company has increased, the financial leverage also increased. These two factors drove the ROE up, offsetting the diminishing effect on ROE by asset turnover. The asset turnover actually decreased in last two fiscal years, indicating the dexterity of turning asset to gross decreased.It is a musical composition worry to see the ratio decreased from 1. 6 to 1. 17 in these 2 years. It may i ndicate that the asset surface of the libertine is too large, further expansion may not transmit further increase in revenue. This may be an indicator of the firm has passed its optimum point and management must take extra tutelage in evaluating whether the company should invest in expanding more retail stores or not. elongate DuPont analysis breaks down net profit margin into revenue kernel, interest burden, and EBIT margin. revenue burden of the company is actually increasing, i. e. it has to pay more effective assess hence impacting the net profit margin.But its whitewash fine as the effective tax rate is lighten at about 20%, which should be quite low when compared to effective tax rate outside Hong Kong and China. worry burden also experiences an increasing trend. This is honest since the company has increased financing ability and financed through more bank loans. EBIT margin is increasing, offsetting the negative effect of tax burden and interest burden. 2) Effi ciency Fixed asset Fixed asset turnover is in a decreasing trend (from 16. 08 to 7. 98 in last five years). This indicates the efficiency of generating sales revenue from fixed assets investment is humiliateing.This confirms with the decreasing asset turnover ratio mentioned above. However the ratio is noneffervescent at a high aim, the management should still invest in fixed asset and expand the business, but extra care should be taken to determine the get and scale to be invested. Inventory Inventory turnover is decreasing (from 3. 72 to 2. 48 in last five years). This indicates that in general, the speed of stocks selling has slowed down as the business expands. When this ratio is converted to days of archive on hand, the heart can even be clearer. The days increased from about 98 days to 147 days in these 5 years.Overstocking, trade or producing products which are not popular, or insufficient marketing efforts are all possible reasons to this decreasing efficiency. Receiv ables Receivables turnover is decreasing. To get a clearer meaning, the ratio is converted to days of sales outstanding, and this ratio is increasing (from 1. 97 to 11. 49). This ratio bureau on average how many days the companys customers who buy on credit will pay their shafts. This increasing ratio means that it takes more time to collect the bill from customers, meaning that capital has to be tied up for longer period.However the chassis actually is not large, its about 12 days and therefore an acceptable value. Payables Payables turnover decreased from 11. 14 to 5. 51. The ratio can be converted to number of days of payable. This ratio increased from 32. 76 to 66. 23. This ratio is the average mensuration of time it takes to pay its bills. The time has increased significantly. It showed the proceeds of the growth of the company, i. e. when the company went listed and expanded, the ability to pay on credit increased. This increased time to pay bills increases the flexibilit y to manage working capital and hence benefits the operation of the company.Working capital The effectiveness of the company in employ working capital has increased since the working capital turnover increased from 2. 72 to 4. 46 in last five years. This means that more sales revenue is generated for each dollar of working capital which funded the sales. This is probably due to increased size of the company, so that the company can get more funding by short-term bank loans, and increase its payables to different creditors. These increased funding are employ to purchase inventories to generate sales revenue. 3) Risk Gearing All debt-to-equity, debt-to-asset and financial leverage ratios are in an increasing trend.As the company grows, more funding is needed. Financing by debt proceeds is better than equity issuance since the required return by debt is lower, and there is possible tax advantage on debt payment. These three ratios are still in a healthy range and further increase in the ratio is still possible. Debt-to-common equity ratio is 0. 32 and debt-to-asset ratio is 0. 18, these two numbers are more or less low. This indicates that the company has a considerable capacity in debt financing if needed. coverage Interest coverage ratio maintains at a high level (159. at 2010/11), although the company has increased financing by bank loans. That means the operating profit is more than enough to cover the interest expense and indicate that the business is healthy. capital flow coverage ratio is also at adequate level despite it has fallen a bit (50. 54 at 2010/11). This is also a healthy signal because net cash flow is positive and adequate. 4) Liquidity Cash change circle Cash conversion cycle is the days the company takes to convert its investment in inventories back into cash. The company has an increased cash conversion cycle, due to the increase in days on inventory on hand.This is still an acceptable length (92. 15 days), but the company should try to lower the days in inventory on hand as mentioned above. accepted and acid test ratio Both genuine and acid test ratio are decreasing, but they are still at a healthy level. menses ratio is at 1. 85, meaning the current assets are 1. 85 times of current liabilities, which is sufficient for its short-term obligations. Acid test ratio is 1. 12, meaning the cash-like current assets are 1. 12 times of current liabilities, indicating that it is sufficient to cover its short-term liabilities by short-term cash.operating(a) cash flow to maturing obligations This is also a measure of the companys ability to ensure short term liabilities from cash flow. Although the overall cash flow has improved, the current liabilities has also increased considerably, therefore this ratio is not at a high level (0. 44). The major cash outflow is from purchasing fixed assets and repayment of bank loans. Management should control the cash outflow in these two areas in order to improve the overall liqu idity. III. Summary The company has a healthy business. It has an increasing net profit and positive cash flow.The ROE and profit margin are at good levels. It apply bank loans to further expand its business, while the leverage ratios are still in a healthy range. There is no liquidity caper associated with the company as seen in liquidity ratios. However the management should focus on improving the efficiency of the company while expanding the business. The major match here is reducing days of inventory on hand, in order to reduce the length of cash conversion cycle. To sum up, this is a company with good financial performance, and therefore it is worth to invest in this company.B) approach of equity capital Capital Asset Pricing Model (CAPM) is used to determine the cost of equity capital. There are three major inputs in CAPM equation risk-free rate, beta of the company stock to a benchmark market, and equity risk premium of the benchmark market. Since I. T. Limited is a Hong Kong based company, therefore the input parameters mentioned above should come from Hong Kong. Risk-free rate Hong Kong government do not issue bill or hamper (despite the newly launched ibond, but that is a floating rate bond which its subprogram is for general public to protect inflation).Therefore risk-free rate should be the refund on Exchange Fund Bills issued by Hong Kong Monetary Authority. Risk-free rate should be the yield on short-term bill, therefore the yield on one-month bill is selected, which is 0. 05%. Stock beta Hang Seng Index (HSI) is the benchmark superpower in Hong Kong. 5 years of monthly return stock of I. T. Limited and HSI were obtained. Stock Beta of I. T. to HSI can be calculated by using Slope function of Excel, or regressing both return series. The estimated beta is 1. 399, meaning that the stock of I. T.Limited is more volatile than the index. R2 coefficient is 0. 2261, meaning that about 22. 61% of the variant of the stock returns can be explained by variability in the index. impartiality risk premium According to Zhu & Zhu (2010), the equity risk premium of Hong Kong is 8. 19%. Applying CAPM Cost of equity capital = (0. 05 + 1. 399*8. 19)% = 11. 51%. C) Weighted average cost of capital (WACC) The company has not issued any debt. The debt of the company is in the form of bank borrowings, so the effective interest rate of borrowing will be treated as cost of debt.In the latest annual report, the effective interest rate is 1. 4% (from notes 23 of annual report). complete bank borrowings is HKD594. one hundred forty-fiveM, total equity is HKD1846. 961M, therefore WACC = 594. 145 / (594. 145 + 1846. 961)*1. 4% + 1846. 961 / (594. 145 + 1846. 961)*11. 51% = 9. 049% References Hong Kong Monetary Authority, Exchange Fund Bills and Notes fixing (http//www. info. gov. hk/hkma/eng/press/index_efbn. htm) Zhu & Zhu (2010) Estimating the Equity Risk Premium the Case of Greater China, Jie Zhu, Xiaoneng Zhu (http//citeseerx. ist. psu. e du/viewdoc/download? doi=10. . 1. 175. 7333&rep=rep1&type=pdf) Appendix A Selected figures from financial statements evade 1 survival of the fittest from summarized consolidated income statement 201120102009200820072006 HK$000HK$000HK$000HK$000HK$000HK$000 dollar volume3,834,422 2,995,952 2,733,256 2,021,283 1,530,763 1,314,443 Cost of sales(1,405,482)(1,176,707)(1,121,570)(819,423)(640,442)(540,243) Gross profit2,428,940 1,819,245 1,611,686 1,201,860 890,321 774,200 Other income incentive income0 13,200 0 0 Other (loss)/gain(7,544)3,791 (11,123)1,900 (4,395)(273) Impariment of goodwill0 (4,217)(59,569)0Operating expenses(1,958,255)(1,524,760)(1,468,877)(1,002,046)(749,898)(642,553) Operating profit463,141 307,259 72,117 201,714 136,028 131,374 bow 2 Growth trend of turnover, costs and profit, calculated based on consolidated income statement 20112010200920082007 change magnitude/Decrease (%) Turnover27. 99%9. 61%35. 22%32. 04%16. 46% Cost of sales19. 44%4. 92%36. 87%27. 95 %18. 55% Gross profit33. 51%12. 88%34. 10%34. 99%15. 00% Operating expenses28. 43%3. 80%46. 59%33. 62%16. 71% Operating profit50. 73%326. 06%-64. 25%48. 29%3. 54% Table 3 selection from summarized and standardized consolidated income statement 01120102009200820072006 Turnover100. 00%100. 00%100. 00%100. 00%100. 00%100. 00% Cost of sales-36. 65%-39. 28%-41. 03%-40. 54%-41. 84%-41. 10% Gross profit63. 35%60. 72%58. 97%59. 46%58. 16%58. 90% Other income incentive income0. 00%0. 44%0. 00%0. 00%0. 00%0. 00% Other (loss)/gain-0. 20%0. 13%-0. 41%0. 09%-0. 29%-0. 02% Impairment of goodwill0. 00%-0. 14%-2. 18%0. 00%0. 00%0. 00% Operating expenses-51. 07%-50. 89%-53. 74%-49. 57%-48. 99%-48. 88% Operating profit12. 08%10. 26%2. 64%9. 98%8. 89%9. 99% Table 4 Excerpt from summarized consolidated balance sheet 20112010200920082007HK$000HK$000HK$000HK$000HK$000 ASSETS Non-current assets Property, furniture and equipment727,022 233,395 229,124 179,850 93,191 electric current assets Inventories 736,717 394,520 411,145 323,724 196,299 Table 5 Excerpt from summarized and standardized consolidated balance sheet 20112010200920082007 ASSETS Non-current assets Property, furniture and equipment22. 13%11. 83%13. 44%11. 59%9. 38% present-day(prenominal) assets Inventories22. 42%20. 00%24. 12%20. 85%19. 77% Table 6 Excerpt from summarized consolidated balance sheet 20112010200920082007 LIABILITIES Current liabilities Bank borrowings(214,911)(47,400)(47,400)(10,000)0Trade and bill payables(360,545)(149,488)(155,993)(121,840)(66,805) Accruals and other payables(349,524)(178,245)(135,677)(140,200)(71,648) Non-current liabilities Bank borrowings(379,234)(35,200)(82,600)0 0 Table 7 Excerpt from summarized and standardized consolidated balance sheet 20112010200920082007 LIABILITIES Current liabilities Bank borrowings-6. 54%-2. 40%-2. 78%-0. 64%0. 00% Trade and bill payables-10. 97%-7. 58%-9. 15%-7. 85%-6. 73% Accruals and other payables-10. 64%-9. 04%-7. 96%-9. 03%-7. 21% Non-current liabilities Bank borrowings-11. 54%-1. 78%-4. 85%0. 00%0. 00%Table 8 Excerpt from summarized consolidated balance sheet 20112010200920082007 EQUITY Capital and reserves Share capital119,725 115,504 115,504 115,468 103,950 Reserves1,727,236 1,362,219 1,096,205 1,105,369 722,803 Non-controlling interests(3,749)0 0 0 0 Total equity1,843,212 1,477,723 1,211,709 1,220,837 826,753 Table 9 Excerpt from summarized consolidated cash flow statements 20112010200920082007 HK$000HK$000HK$000HK$000HK$000 pass cash generated from operating activities450,446 366,025 135,589 243,939 91,589 Net cash used in investing activities(508,347)(137,011)(156,242)(110,300)(101,843) Net cash generated from/ used in) financing activities204,453 (47,400)22,668 (76,497)(49,807) Net increase in cash and cash equivalents146,552 181,614 2,015 57,142 (60,061) Appendix B proportionality formula Performance remuneration margins Gross profit margin = Gross Profit / Turnover Operating profit margin = Operating Profi t / Turnover Net profit margin = Net Profit for the year / turnover Return ratio Return of equity (ROE) = Net Profit for the year / Averageyear, year-1 (Share capital + Reserves) Decomposition of ROE ROA = Net Profit for the year / Averageyear, year-1 (Total Assets) ROE = ROA x financial Leverage DuPont Decomposition of ROEAsset turnover = Turnover / Averageyear, year-1 (Total Assets) monetary leverage = Averageyear, year-1 (Total Assets) / Averageyear, year-1 (Share capital + Reserves) ROE = Net profit margin x Asset turnover x Financial leverage Extended DuPont Decomposition of ROE Tax burden = Net profit for the year / Profit before income tax Interest burden = Profit before income tax / (Operating Profit + Share of profit of jointly controlled entities) EBIT margin = (Operating Profit + Share of profit of jointly controlled entities) / Turnover ROE = Tax burden x Interest burden x EBIT margin x Asset turnover x Financial leverageEfficiency Fixed asset turnover = Turnover / Ave rageyear, year-1 (Property, furniture and equipment) Inventory turnover = Turnover / Averageyear, year-1 (Inventories) eld of inventory on hand = 365 / Inventory turnover Receivables turnover = Turnover / Averageyear, year-1 (Trade and other receivables) years of sales outstanding = 365 / Receivables turnover Payables turnover = Cost of sales / Averageyear, year-1 (Trade and bill payables) Number of days of payable = 365 / Payables turnoverWorking capital turnover = Turnover / Averageyear, year-1 (Net current assets) Risk Debt-to-common equity ratio = (Short term + Long term bank borrowings) / (Share capital + Reserves) Debt-to-asset ratio = (Short term + Long term bank borrowings) / Total assets Financial leverage = Averageyear, year-1 (Total Assets) / Averageyear, year-1 (Share capital + Reserves) Interest coverage ratio = Operating profit / Interest expense Cash flow coverage ratio = Net increase in cash / Interest expense LiquidityCash conversion cycle = Days of sales outstand ing + Days of inventory on hand Number of days of payable Current ratio = Current assets / Current liabilities Acid test ratio = (Current assets Inventories) / Current liabilities Operating cash flow to maturing obligations = Operating cash flow / Current liabilities Appendix C Calculated ratios 20112010200920082007 Performance Profit margins Gross profit margin63. 35%60. 72%58. 97%59. 46%58. 16% Operating profit margin12. 08%10. 26%2. 64%9. 98%8. 89% Net profit margin10. 12%8. 77%1. 56%8. 46%8. 0% Return ratios ROE23. 35%19. 53%3. 50%16. 70%15. 55% Decompsition of ROE ROA14. 76%14. 29%2. 61%13. 43%13. 05% ROA*Financial Leverage = ROE23. 35%19. 53%3. 50%16. 70%15. 55% DuPont decompistion of ROE Asset turnover1. 46 1. 63 1. 68 1. 59 1. 63 Financial Leverage1. 58 1. 37 1. 34 1. 24 1. 19 Net profit margin*Asset turnover*Financial Leverage = ROE23. 35%19. 53%3. 50%16. 70%15. 55% Extended DuPont decomposition of ROE Tax burden80. 65%83. 29%53. 97%81. 23%82. 63% Interest burden100. 46% 100. 86%103. 66%106. 90%112. 12% EBIT Margin12. 49%10. 44%2. 8%9. 74%8. 63% Tax burden*Interest burden*EBIT Margin*Asset turnover*Financial Leverage = ROE23. 35%19. 53%3. 50%16. 70%15. 55% Efficiency Fixed asset turnover7. 98 12. 95 13. 37 14. 81 16. 08 Inventory turnover2. 48 2. 92 3. 05 3. 15 3. 72 Days of inventory on hand146. 89 124. 95 119. 58 115. 82 98. 19 Receivables turnover31. 76 31. 98 51. 12 81. 59 185. 10 Days of sales outstanding11. 49 11. 41 7. 14 4. 47 1. 97 Payables turnover5. 51 7. 70 8. 07 8. 69 11. 14 Number of days of payable66. 23 47. 38 45. 21 42. 01 32. 76 Working capital turnover4. 6 3. 91 4. 24 3. 39 2. 72 Risk Debt-to-common equity ratio0. 32 0. 06 0. 11 0. 01 0. 00 Debt-to-asset ratio0. 18 0. 04 0. 08 0. 01 0. 00 Financial Leverage1. 58 1. 37 1. 34 1. 24 1. 19 Interest coverage ratio159. 70 119. 70 29. 64 646. 52 45342. 67 Cash flow coverage ratio50. 54 70. 75 0. 83 183. 15 (20020. 33) Liquidity Cash conversion cycle92. 15 88. 99 81. 51 78. 28 67. 40 Curr ent ratio1. 85 3. 00 2. 80 2. 93 4. 66 Acid test ratio1. 12 2. 08 1. 70 1. 91 3. 42 Operating cash flow to maturing obligations0. 44 0. 85 0. 36 0. 77 0. 58

Dino Death Trap

The film Dino Death Trap at the National Geographic origin is documentary movie which provides information about extraordinary fogey appoint in Gobi Desert. Therefore, the actions in the film took place millions of years ago. The scientists are showed to be quite surprised when finding fossils in the middle of China. They claimed that petrified bones of fossils belonged to occult cashs.Moreover, they were in odd positions layered on each other in one single rock. Researchers said that two of the found creatures belonged to uniform specie being the ancestors of tyrannosaur rex, but they were entailed with more usable forearms and pliable claws, whereas Tyrannosaurus rex was two-fingered flippers which were completely useless. Those fossils had delicate crest on their heads which were likely to be employ for protection and butting.Nevertheless, the scientists look surprised because the fossils were likely to provide collective concern to Jurassic Park. It is known that after Ju rassic dinosaurs were of massive size, whereas before that block they were relatively small. In other words, dinosaurs before Jurassic were of turkeys size. The God Desert provided certain answers, as we see in the film. genius of the most interesting creatures is the crested feller which scientists called crested dragon.Scientists argued that fossil appeared to be the missing evolutionary link between the parts of Jurassic period. Other found species allowed researchers to follow evolutionary tree, but pterodactyl and stegosaurus be to be a mystery to be solved. Scientists wondered what had caused dinosaurs to die at the same time. Scientists believed that the found fossils would shed more light on how dinosaurs evolutionary grew to be larger.

Blackmores Company

The political party has many options in its bid to enter into China. The participation has the option of using the resource- found view of schema. This strategy has a glueyness and integrative role that places it at a better position than some otherwise mechanisms of strategic decision making. This is in view of the fact that companies atomic number 18 non restrained only by imagination. They are limited by their confess capabilities, by competition, by technology, and by the demands of their customers. The strategy of many businesses is usually relate with the match between the internal capabilities of the order and its external environment (Peteraf 1993).The opportunity for the phoner to sustain competitive value in Shanghai depart be made possible by its strengths and determined by its capabilities. The company pass on exercising its distinctive capabilities as these are those which buttnot be copied by competitors, or can only be replicated with great difficulty . This is even after these competitors realise the benefits which they supply for the originating company (capital of Alabama 1995). The distinctive capabilities that the company can use are varied.Government licences, statutory monopolies, or effective copyrights and patents are the companys distinctive capabilities that it willing focus on. However, in light of the competition, it can use equally powerful idiosyncratic characteristics that it has strengthened built in competitive trades. These include patterns of customer or supplier relationships, strong shuffles, and skills, routines and knowledge which are embedded in the companys teams (Montgomery 1995). The strength of the brand will be particularly be taken into rumination as this will strongly determine whether the products are accepted by the targeted clients or not.The issues of the diverse cultures of the Chinese people will be taken into consideration and it will too be ensured that the products are also branded in Chinese in addition to the English language (Montgomery 1995). Skills of employees will also be an important factor in entering the Chinese market. The company will recruit a considerable number of locals beforehand who are specialized on various levels from manufacturing to marketing. This will help it gain introduction easily into the market and also penetrate the market faster.In this way, locals will not feel alienated to the company and its products (Shelby 2002). The company will identify its distinctive capabilities and then will surround these with a collection of reproducible capabilities, or complementary assets. This will enable the company to sell its distinctive capabilities in the China market in which it will operate (Day, and Montgomery 1999). The company will use its resources such as capital, equipment, the skills of individual employees, finances, patents and individual managers.Competitive advantage may not be achieved from individual resources. It is achiev ed through the synergistic consolidation and combination of sets of resources (Shelby, Morgan 2004). The company will also integrate the industry based strategy in the enty to the China market. The fundamental imperative of using the industry-based strategy will be to achieve competitive advantage, and therefore, superior financial performance. The company has been making good profits and this should serve as leverage as this indicates customer satisfaction with its products.The company will choose will stick the option of modifying its structure or selecting one of the three generic strategies. It will also manage the activities of its value chain (Shelby 2002). In following the results in recent research in emerging economies which China is part of argues that an institution-based starategy will also be used by the company. This will be in line with view of international business strategy. The instituiton based strategy is positioned as one leg that helps sustain what is known a s the strategy tripod. The the other two legs consisting of the resource and industry based views (Peng, 2002).The company will concentrate on on two areas of substantive importance when venturin into the Shnghai market. It will consider antidumping as an entry barrier. The company will ensure that its products, vitamin and mineral supplements are of whole tone and are not seen by the target China market as dumped products. this will aslo take care of the subsequent rejection of the companys products by consumers. It will olfactory perception into the options of competing in and out of China as Shanhai being a oversized city can serve as a focal assign for the company to market and sell its vitamin products (Peng, 2002).Using the institution based strategy , the company will also rely on separateing together of companies with alike(p) interests, that is, those manufacturing and selling vitamin products. The company will will identify companoies whose work it is arouse in and see if they can make a merger fuck or a joint marketing deal. This could help the company in establishing itself in China by corporating with companies that already have cut a niche in the Chinese market. However, this is subject to the conditions of the market. The company intends to enter solo in the Chinese market.It will only consider the possibility of group marketing and mergers if the market is tough. This is not something that is anticipated as the company intends to market its products aggresively using experience form other country markets it has ventured into (Barney, 1997). Reference Barney J. 1997. potent Resources and Sustained Competitive Advantage. diary of Management 17. Day, G. S. , and David B. Montgomery. 1999. Charting new directions for marketing. Journal of marketing 63 (special issue) 313. Montgomery C. A. 1995. Of diamonds and rust In C. A Montgomery (ed) Resource base and evolutionary theories of the Firm, Kluwes, Boston.Peng, W. M. 2002. Towards an Institution-Based View of Business Strategy. Asia Pacific Journal of Management. Volume 19, No. 2-3, 251-267. Peteraf M. A. 1993. The Cornerstones of Competitive Advantage A Resource Based View Strategic Management Journal 14. Rumelt R. P. 1991. Strategic Management & political economy pages 5-29. Schendel D Strategic Management Journal, Vol 2. & Teece D. J. Shelby, D. H. 2002. Foundations of Marketing Theory Toward a full general Theory of Marketing. Oxford. Oxford University Press. Shelby, D. H. , Morgan, R. M. 2004. Review of Marketing Research. Volume 1, 155-205.

Posting on Reading Essay

Education How bringing up is treasured and how it is tie up with culture and the structure of society is the focus of the member. Moreover, several factors that upgrade quite a little to whollyude juicyer pedagogics be also explored in the article. For instance, several examples somewhat the siemens Korean culture were revealed in the article in order to emphasize how the experience of education changes depending on the culture. For the South Koreans, education is seen as a status symbol and not a stepping-stone to acquire a job in the future. The good thing about it though is that statistics has shown that the percentage of dropouts is less(prenominal) in areas that believe in the alliance between education and societal value. People from different walks of life render varying points of view regarding education. A survey conducted in order to contain the reasons why people choose to attend higher education reveals that paper or culture and the enhancement of an ind ividuals disposition are the topmost reasons why people value their education. At this point, people view the shapeing and understanding of the incline language as an instrumental learning in order to accomplish an individuals aims to gain a high and respect sufficient social status. Koreans nowadays are struggling to learn the English language, as it gives one a high aim in the social climate. Koreans spend time and effort in studying English that they are willing to undergo rigorous testing just to give tongue to English well. Perhaps, the article does not lone(prenominal) discuss education as part of culture. I think the issues in this article also be in possession of strong connections with sphericization. As the world moves to become a global village, people are forced to increase their chances of belonging to the international community. This objective shall only be accomplished through further education. This is probably one of the reasons why education is seen as a f orm of earning a high rank in society because being well educated and learning to peach English well keeps you in a range of belongingness with the rest of the global community.The Costs of Educational Zeal The article explores the effects of Koreas valuing of education to the speak to of attending the educational institution. Apparently, with the Koreans growing value for education and the educational institutions goals to enhance the quality of education, the be of higher educations have also reached a high. The reasons underlying the high cost of education in the country was explored under different regimes.The influence of colonialism to the educational system of the country contributed much to the high cost that they require of education. Moreover, majority of educational institutions in the country require expensive rates for their function because most of them are privately owned. At this point, I ask myself, why do they need to pay expensive taxes for education when mos t of the educational institutions are private? There was not any change during the third estate Chung Hees term as president of the country. During this time, education was neglected, on that pointfore there were no efforts coming from the government to fix the problem expensive costs of education. Reflecting on it, education in the country has really become a social status, such that only those who can afford it are able to gain the quality education that they deserve. Moreover, the government does not care less whether the people are able to afford education. This reveals how the voices of those people who cannot afford to attend educational institutions are not being heard. Another factor that influenced the high costs of education was what the people called Kwaoe. Kwaoe is the Korean term for tutoring. This service requires humongous amounts of money that people cannot help but complain about its cost. At this point of time, the government was able to address this issue and b an tutoring all over the country. Throughout the years, noticeable efforts to alleviate the rising cost of education were evident when reviewing the performances of past governments.However, their efforts were not enough to lessen the cost of give for an individuals education. The failure of governments to remodel their educational system is understandable, because from the beginning, the bad budgeting and financing for educational institutions was adapted by the country. What the country needs to melt on is modifying the educational system in order to identify its flaws and in one case and for all end the high costs of education.

Domestic Violence On Ray Rice Essay

For I would pretend that Ray rice was waiting for the elevator as it opens, a char shoots past me with cries, clear fresh opened scars on the face. I meet an angry Ray rice out of the elevator. I would respectfully exact him about the situation with the woman. The basic thought in my head is municipal violence. I wouldnt of reported it right away in his face, tho I certainly would question him. After I set up the resoluteness I pull up stakes seek out for the victim, call the local constabulary and identify the man known as ray rice subsequently confirming watching the tape. The societal impact would be tre mendous. NFL superstar in a domestic violence case. The NFL should hold back an uprise on its domestic violence policy, it should non take a very brilliant mental picture to set off the NFL to do the right thing. For too long in the NFL has had this form of playbook when it comes to players who commit domestic violence. For I would think that Ray rice probably ju st lost his temper, as I saw it in his face. I also saw a form of self-reproach at the press conference when he apologized.Did it really take a both game ban, suspension, and a release to feel some type of remorse? I dont entirely agree. I think, I entrust it was just a case of losing someones soul, Ray Rice snapped. In the 1990s, NFL players were charged with domestic violence more often than with whatever other crime. Yet again, the NFL took no action, and if players were cut by one team up after being arrested, they were often quickly picked up by another. round of these cases involved allegations. Im sure the NFL has hang up indefinitely players who has a more cruel video tape of evidence. The NFL is in desire accept of male leadership when it comes to violence against women. In the wake of the Rice videos release, the owner of the ravens sent a permitter to stakeholders that outlined mistakes, apologized and promised a better response in the future. In this ordinatio n, we have to open our eye think affect of long-term, in this case, domestic violence because we croupnot let these situations get over hyped and out of control of the situation and the individuals involved as well.The short-term attention and never hinder the long-term effect on this order of magnitudeon how it viewpoints an organization. Ray Rice can use this experience to benefactor him as a spokesman for domestic violence cases when this situation goes win. Ray Rice was talking at the press conference about how he let his mom, wife, daughter, wifes parents and teammates chain reactor. It was a big mistake for conflicting his provoke on his wife on that night. He wanted to get some help on his actions. I think that he could of think first before he react to it. I think his fiance shouldnt keep on provoking him and thinking that he wouldnt do anything to her. In this situation, it should of have stopped from the beginning where they got into a huge argument. When you get int o an argument, it can lead to another tout ensemble level. The only thing he can do right now is to fix himself together and realise how he took his rage on something where he could of told his fiance to slim down and lets work it out somehow. The law in this clubhouse is, do not trust your hands on a woman.Because men are stronger than a woman. And theres no reason to put your hands on a woman. When Ray Rice finished whipstitch his fiance up, the elevator opens and you can see he drag his fiance out of the elevator, left her there and didnt bother carrying her out of the elevator. So of course, when he went to court the judge will think he didnt really care about her at all. Ray Rice didnt acknowledge the fact that his way was drunk and she needed to cool down for a Sec. They should of taking this situation where they can dissolve it another way, indeed going to court, going to hail or even get suspended from the NFL. For each of the situation, I think they could put Ray and his fiance in a rehab or an anger management center so that it can help them out throughout the process. If you can tell how the judge and the NFL have taken it too far from the situation. Instead of him going to jail, he couldve been on probation and bring out from his mistakes.The NFL and the teammates can help him to accomplish his goals by talking to him, explaining how to not put your hands on any type of women, focus on his anger so that he can control it. Mange throughout the whole year without any domestic violence. Now he needs to learn that one day his daughter will find out the righteousness about how her mother and father got into an argument and it lead into a earnest thing. She will think that her father and mother could of done something different to solve this issue. She might be scared of her father because of what he has done to his fiance from the past.Men shouldnt put their hands on a woman and a women should put theirhands on a man. The whole draw a bead on of this incident was to take control on everything. It doesnt matter how gaga you get or how bad the person you love gets you steaming hot. thither shouldnt be any domestic violence at all. When you divulge that theres any violence around, have you think that it will affect the other part in society as in little kids and at school. Society needs to understand on what should be done with domestic violence. What need to take care of so that society can be a better place.