External Environment Analysis of Walmart †Myassignmenthelp.Com

Question: Do External Environment Analysis of Walmart? Answer: Presentation Wal-Mart is one of the biggest retailing chains on the planets markets industry. This greatest chain of retailing stores is of 54 years of age. It is established by Sam Walton and His family is the current proprietor of the organization (Wal-Mart, 2017). Walmart is headquartered in Bentonville, Alaska, United states. It has caught the overall region of the retailing china showcase. Besides, the organization has around 11,695 stores and 2.3 million representatives working under them in the entire world. There are four divisions of Walmart that is Global online business, Walmart worldwide, Sams club and Walmart U.S. (Wal-Mart, 2017). Alongside this, organization has different auxiliaries that offers numerous items and administrations in addition to extended its business in a few nations with various names, for example, Walmart Canada, Walmart Mexico, Walmart Chile, Walmart de Mxico y Centroamrica, @WalmartLabs, Walmart Neighborhood Market, Asda, Amigo Supermarkets, Vudu, Massmart, Seiy u Group, Bompreo, Lder, Jet.com, Hayneedle, Moosejaw, ModCloth. The profit before intrigue and assessment in 2016 were US$22.76Billion and all out incomes as US $ 13.64Billion (Wal-Mart, 2017). In this current case, interior and outside condition of the Walmart has been broke down utilizing various apparatuses and procedures, for example, 7 S McKinseys model, Porters esteem china system, Porters nonexclusive model for upper hand and Porters five power model alongside SWOT investigation and PESTEL examination (Harrison and St. John, 2009). This investigation will investigate the whole vital administration of Walmart stores with the view on the way of life and structure of the association. Outside and inside elements that impact the Walmarts position in the holding business and nearby markets of US are additionally being examined in the momentum research. Hence, this exploration is extremely basic in breaking down the general idea of the board and related procedures which has given a wide accomplishment to Walmart. Inside Environment Analysis of Walmart This area is looking at the target and objectives of Walmart with the assistance of McKinsey examination to insight concerning the abilities and capabilities of an association that involves the examination of Share esteem Strategy, Structure, System, Style, Staff and Skill (Furrer, 2010). Also, the worth china examination and organizations culture will be outlined in this investigation. What's more, area will investigate quality and shortcomings and procedures that helped the organization in accomplishing upper hand of the organization as beneath: 7S McKinseys Model This model empowers a client to decide and dissect the capacities and capabilities of the association. It breaks down progress territories where the top administration can concentrate on the craving of the clients and assembling items as needs be. Alongside this, it helps in increment in the exhibition and gainfulness of the organization (Filho, et. al., 2010). It additionally helps organization in change of the board, for example, obtaining and merger. Besides, 7S McKinsey model gives data about the close to changes later on and investigates the chance to execute the able techniques as per the circumstance. In the event of Walmart, 7S McKinsey Model is depicted to investigate the interior condition of the association as follows: Offer worth: Values and crucial the association is one of the most significant angles that gives the objective to the organization and make base for all other six Ss (Davies and Ellison, 2003). It grasps hierarchical culture, group culture, and work culture of Walmart which is establishment of solidarity of the association. It includes hard working attitudes and corporate culture (Wal-Mart, 2017). The vision explanation of Walmart is To be the best retailer in the heart and heart of customers and representatives. The companys objective is offering different subjective types of assistance to the client with a low financial plan. Walmart has a mutual incentive in the zones like nearby network, opportunity and maintainability. Technique: the organization has relevant spotlight on lessening the expense of the items and administrations offered to clients. Walmart tends to encourage all the items in a solitary rooftop to purchasers and with a most minimal cost from different retailers (Janet, et. al., 2015). It likewise provides food adaptable and propelled method of shopping. The organization has a dream to develop and extend in each countrys retail industry as a methodology. Structure: the organization plays out its administration of framework and whole control and observing of the association from headquarter at Bentonville (Wal-Mart, 2017). Walmart doesnt have any territorial office and has a geographic structure. The organization has a conventional structure with specific errands. The methodology for structure of organization is unthinking. Framework: Low costs system is the premise and mission of Walmart to accomplish in everyday tasks. To make the tasks adaptable combination of data innovation helps the organization at the hour of retail location (Janet, et. al., 2015). With the end goal of speed conveyance and decrease the wastage and inventories, the organization has consolidated data innovation system and PCs in the store. The arrangement of association additionally controls and screens the norms and approaches consolidated with the HRM framework and RFID framework which ought to be executed adequately. Style: a solid authority style and the board style is fundamental for the organization like Walmart on the grounds that its business is extended and has different office to work (Filho, et. al., 2010). The organization ought to likewise consider making and keeping up its style by evaluating and evolving styles. Additionally, for helpful working of activities, the organization ought to consider to deal with staff holes. Staff: Walmart has tremendous representatives around the globe and the board with worker fulfillment is a need of the organization. Alongside this, their employments and duties are plainly characterized by the administration which is skilled with the current necessities (Filho, et. al., 2010). Preparing projects and advancement programs additionally encouraged for every division. Execution estimation with the ordinary criticisms is additionally important to audit staff the board and their work design. Organization additionally supports womens strengthening at a worldwide level. Expertise: One of the most widely recognized aptitude challenges is work designation to the reasonable worker. Accordingly, Walmart has additionally this issue and prescribed to abridge this issue to coordinate the individual aptitudes with the profile of the activity (Janet, et. al., 2015). Also, to persuade representatives as a solid head, techniques like thankfulness, remunerates and empowering exercises ought to be taken for compelling and proficient cooperation. Organization considers high specialized gifted representatives for their activities and capacities. Doormen Value Chain Analysis Worth chain examination gives explanatory structure to accomplish upper hand and investigation of significant worth creation in the business exercises (Mason and Evans, 2015). Doormen esteem chain investigation is separated into two sections that is essential and bolster action and related office inside these exercises are coordinations, activities, advertising, deals and administration just as firm framework, HR, innovation improvement and acquisition that gives a sensible edge (Mason and Evans, 2015). Walmart esteem chain is compelling and proficient that deals with the most reduced cost of the organization guarantees the serious edge to the organization as cost pioneer in the retailing business sector of U.S. point by point assessment of the worth chain of Wal-Mart is as per the following: Essential Activities Inbound coordinations: Suppliers of about half Wal-Mart items are from Overseas and non-store stock of Wal-Mart.com has 75% of the item deals (Wal-Mart, 2017). The inbound calculated depend on the three basics that is least utilization of connections related with the gracefully chain, advancement of new association with different merchants and utilizing stock procedures like cross docking. The organization likes to oversee it gracefully fasten activity with straightforwardly to the makers as opposed to any nearby provider (Jolibert, et al. 2012). It has encouraged hopeful outcomes to the organization as t is checked on in a significant number of the past articles and diaries which demonstrates this case. The organization is tenaciously improving its gracefully chain the board and holding the market position as an exceptionally compelling cost the executives in esteem chain technique. What's more, the arrangement of the organization is solid and not in any way adaptable with colleague s. The haggling intensity of sellers is solid in Wal-Mart which guarantees its upper hand over different firms (Mason and Evans, 2015). The organization consistently shapes a vital association considering maintainability prospect and high volume purchasing of items in a lower cost from the providers. Additionally, the stacking and emptying strategies are entirely adaptable for the truck drivers. Railroad vehicles and semi-trailer trucks are utilized to move material starting with one spot then onto the next and there is no other stockpiling community in the middle of the exchange from inbound and outbound truck. Activities: Wal-Mart works in excess of 27 nations on the planet and has around 11250 stores the world over. More than 2.3 Million clients are being offered its items and administrations every week (Wal-Mart, 2017). Organization has wide scope of operational divisions, for example, supercenters, markets, hypermarkets, distribution center clubs, including strength gadgets, Sams Clubs, eateries, home improvement, advanced retail, clothing stores, money convey, comfort stores and medication stores. Essentially organization has striking three divisions that contribute most extreme gaining to the organization including Wal-Mart U.S., Wal-Mart global and Sams Club (Wal-Mart, 2017). The organization capacities around 50 states in US and all the stores are associated with the advanced retailing office. Also, Porto Rica and Was

Gerontology Term Paper Example | Topics and Well Written Essays - 2000 words

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Applications Essay Example | Topics and Well Written Essays - 250 words

Applications - Essay Example Along these lines, presentation of the UGVs will assist the office with reinforcing the security of its secret bundles while in travel. The mechanical innovation will be helpful at the NIPR, SIPR and JWICS levels. The NIPRNet will essentially be contingent upon rapid of the UGVs for transportation of information records to the central station so as to permit quicker depending of information over the system. The data handed-off over the system isn't classified however quicker dependence would empower the private clients to pick up the important data advantageously. Then again, the NIPRNet would profit by the UGVs through exploiting both their speed and high security of records while in travel. The system manages exceptionally classified data that must be made sure about viably while annihilating all escape clauses to security including human blunder. In this manner, the UGVs will be relied on to ship manual documents to the office structures for viable sharing of data over the system. At last, the JWICS will profit by the UGVs through making sure about viable sharing of material assets by the Department of Homeland Security, Department of Justice, Department of Defense and Department of State. This factor will guarantee quicker and solid sharing of profoundly touchy ordered materials between the

Social Networks and Social Justice - Free Essay Example

The phenomenon of the hashtag was first utilized on Twitter over a decade ago. (Hitchings-Hales and Calderwood 2017) It has helped handle worldwide campaigns to bring issues to light of sexism, inequality, sexual abuse, and strife. Hashtag activism encourages brisk reaction to imperative events with only a couple of tweets, Facebook posts and instant messages. For dissent coordinators, online networking is a quick and simple approach to make the platform, and that makes it simpler for individuals to gather. (Jamarillo 2017) The National March Against Rape Culture is grasping the hashtag activism by using the hashtags, #NMARC2018 and #SAAM which are trending on social networking sites such as Twitter. According to Meg Cale, There are numerous reasons why social activists are concentrating on advanced media to spread their message, yet the primary reason is that it separates the conventional obstructions to activism; access, time, and money. (Cale 2017) The Internet is making the world more interconnected. It can likewise simplify the research procedure; simply composing a couple of keywords into Google and an extensive number of results fly up inside seconds. A standout amongst other things is that digital media improves activism by showing social causes to individuals who arent actually searching for it. Also, not every person has room in their busy schedules to take part in traditional activism. Supporters can frequently contribute online considerably simpler than when disconnected. For instance, sharing a news article on Facebook can grab the attention of many individuals. Because of lower time duties, a significantly larger amount of supporters can be pulled in while empowerin g an high state of engagement from individuals who dont think about themselves as activists. The National March Against Rape Culture is an ideal case of utilizing online networking to shed light on rape culture. Supporters can donate directly to the events home page; they may share information on the event on Facebook, Twitter, and other social media networks; can take part in a one-day event that includes a low level of effort; and can focus on bringing attention to a specific cause. Social justice campaigns, like the National March Against Rape Culture, are the tools currently being used by activists to tell their story and bring about social awareness and possible change. Their ultimate goal is to cause the effect by engaging thousands of like-minded individuals in the fight for an unprejudiced and unbiased world in which to live. They are a forum for fairer laws, affordable healthcare, driver safety, drug free/tobacco free children, child labor laws, and even sexual abuse. The campaigns are diverse, covering a range of issue areas from education to the environment to social justice. They empower citizens, protect the environment, and advocate for women and girls across the world. Many are even gaining national attention through the support of media celebrities. To improve on the goal of reaching a larger audience, NMARC can develop a news release to send to News Stations and Talk Shows such as ABC and Ellen as well as a Social Media News release and Video News Releases. An effective strategy that would make the campaign more effective is the use of celebrities as spokespersons which would grab the attention of the media. NMARC can also create a free app that gives exclusive information about future events and shares places to go, such as support groups or professionals to see if you or someone you know is affected by sexual assault. I look forward to reading about its impact on the issue of rape culture in future legislation. Regardless of how we feel about social justice campaigns, they are here to stay. Activists must take full advantage of the opportunities they provide and be strategic about how to call attention to their cause. I believe the National March Against Rape Culture is a perfect example of an effective social justice campaign. While taking strides to one day achieve its goal of putting an end to rape culture, The March does achieve its goals of bringing awareness to the issue of rape culture, specifically sexual assault, connecting assault survivors and their allies to like-minded individuals and giving those involved a sense of community and safety. NMARC has already raised over $100 through their GoFundMe page, has over 100 followers on Twitter, 988 people expressed their interest in the March through the NMARC Facebook Event, 142 people liked the NMARC Facebook page and 145 people followed the page. This information can be found on the NMARC GoFundMe page, Facebook Page, and Twitter Page. The March has also added to the increased amount of awareness surrounding rape culture, specifically sexual assault. With posts shared to the personal social media accounts of the individuals who attended or supported the March, especially those that used the hashtags used by NMARC, the NMARC gained attention which in turn provided more awareness to the social issue of rape culture.

Taking a Look at Special Education - 879 Words

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Child Labor Childhood, Emotional, And Spiritual...

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Case Study on the Success and Decline of Starbucks free essay sample

Starbucks faces a number of challenges it must grapple with. Due to its rapid growth it has had difficulties maintaining a lean and efficient bureaucracy, and also remaining focused on the customer. To name some of the challenges in their Annual report of 2007 the CEO Howard Schultz talked about ‘slow costumer traffic’ in the USA and assured that â€Å"We understand the challenges we face, and we know that we have the ability and experience to overcome them† (Starbucks 2007 p. ). The companys core objectives, according to its latest annual report, are maintaining respect for its brand by both expanding its physical reach and product portfolio, and focusing on remaining an employer of choice. (Starbucks 2009) The following case study aims to take a closer look at the factors involved in the success and decline of Starbucks during the last decade including the period of the economic downturn as well especially as a company which operates in the service sector. We combine a qualitative approach with multiple sources of evidence using secondary data. First we look at the company in general and its background. We then take a closer look at the success factors of service industries in general. In the main section we deal with the case description, as well as the data and methodology involved. We use a SWOT analysis to present our results and reach conclusions. 1 CONCEPTS AND DEFINITIONS The key words in this research are success, decline and factor as highlighted in the research question. In order to make the readers of this paper understand better the purpose of this study we have defined these terms. The Merriam Webster online dictionary describes success as a favourable or desired out come and it further on describes decline as turning away from a straight course or to tend toward an inferior state or weaker condition. A factor in this paper has been described as anything that actively contributes to the production of a result or outcome. In order to evaluate Starbucks the evaluation processes consist of two variables: organizational performance data and a benchmark that creates a framework for analyzing the data. For organizational information, we focused on the outcomes of its performance, but also including input/ environment/ process/ output- to have a comparative framework for analysis. Starbucks’ outcomes are directly related to the public purpose of the organization and in defining success or failure we look at how effective they are as determined by outcomes. It is very vital to know what value Starbucks provides and its best practices and in doing so an evaluation on the internal operations was done by comparing its core process performance to the most effective and efficient process in the industry. 2 JUSTIFICATION OF THE STUDY The purpose of this study is to identify the factors that led to Starbucks’ success and decline over the last ten years. Starbucks has to compete with other coffee retailers in the world, most of which have a diverse product portifolio in the service industry. The principle competitors have been mentioned in the SWOT analysis done below on the company, and the nature of industry has been critically analysed keeping in mind the marketing mix as well. Starbucks operates in a turbulent environment so it’s critical for it to promote and position itself as a market leader offering exceptional service quality but this does not exempt it from the many traps that lie along the way in terms of being complacent and also some core rigidities which may result thereby adversely affecting its operations as is the case with many companies. A strong case is built on Starbucks especially looking into the fact that it is considered to be a market leader in the coffee industry, its story has been surmount to what is typical of any leading company facing competition and also economic crises but more so importantly in the equation how to handle the pressure. Factors along the way are determined as to why its performance can be considered successful or in the decline mode. The theory looking at customer focus, orientation, how to satisfy a customer and also on the service industry gives us reflective material to better make judgment on Starbucks. The study not only brings out the pitfalls but also critically looks at how the company mitigated those pitfalls by seeking an approach that seeks to improve quality and performance which met or exceeded customer expectations but at the same time stressing that constantly innovating and being aware of societal trends is a company’s way of dealing with these pressures and thereby maintaining an optimal performance. In addition to intangible products, companies in service industry often tangible products to support their main offering. A coffee shop is a good example of that. Even though coffeehouses sell coffee, their main product is to sell pleasant experiences and services. In order to identify reasons for failures in service industry, the key factors of success must be found. Reasons for company’s success or decline can be studied by using so called SWOT-analysis which is briefly presented next in this text. Another way to investigate success and decline in service industry companies is to pay attention to strategic choices of the company. The key points of these are also handled in this text. Customer satisfaction and other factors related to that are also vital for success of businesses in service industry, and therefore these topics are also discussed in this text. 2 Strategy Formulation in service industry According to Porter’s generic strategies, there are three options for companies to form their strategy. Companies can seek for overall cost leadership, use differentiation or focus on specific narrow market segment. Overall cost leadership means simply lower prices than competitors. Differentiation means that company tries to achieve superior performance in an important customer benefit area valued by a large part of the market. By choosing narrow market segment – in another words focusing – company gets to know these segments intimately and then pursues either cost leadership or differentiation within the target segment. (Kotler, et. al. , 2009, p. 56 Differentiation is important way to stand out from other operators. Differentiation is essential in achieving good brand – to be branded products must be differentiated (Kotler, et. al. , 2009, p. 376).

Maverick Lodging Case free essay sample

The balanced scorecard has several attributes, such as tracking financial performance, tracking nonfinancial measures and communicating franchisees and owners objectives of growth. For financial performance, according to Exhibit 7, the Maverick Courtyard has 3. 77% growth rate, Maverick Fairfield Inn has 2. 2% growth rate and Maverick Residence Inn has 3. 5% growth rate. For flow-through flexible budget, both Maverick Courtyard and Maverick Residence Inn have good score while only Maverick Fairfield has unexpected score. As a result, the financial performance is generally good for the company. However, nonfinancial figures indicate the company’s customer service quality is declining. According to guest-satisfaction score in Exhibit 7, all three hotels’ scores are lower than market average scores. The company has higher comprehensive audit performance than last year’s and employee turnover is decreasing. Although the company has some unexpected performances, it develops well in year 1999. Analysis of Maverick’s value-added proposition Maverick lodging companys objectives are increasing operating profit and market shares by enhancing customer satisfaction. We will write a custom essay sample on Maverick Lodging Case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page By implementing the balanced scorecard, the company is trying to increase financial yield, control profit and flexible budget, improve internal business control, stimulate performance of hotel management, facilitate communication between principals and agencies and start learning and growing processes. However, the balanced scorecard has several problems and makes it hard for the company to reach its goals. The first problem is that the balanced scorecard is hard for hotel level managers to understand. Although Baum tried to make it easier to understand, the scorecard still has many elements and some of the financial figures and complicated measurements are hard for entry-level managers to understand. For example, the colors and points system is complex because it is difficult to connect colors and points to the bonus points and the 40% multiply factor may cause managers confusions. Since it is hard to understand, the scorecard would have problems on acceptance and the implementation process would be difficult. As a result, the scorecard would not reach the maximum effectiveness and efficiency. The second problem is that the scorecard contains uncontrollable factors for managers. For example, managers performance will be measured by comparing the budgets and actual expenses. However, hotel level managers have no right to determine the budget and this measurement is unfair. As a result, many managers would be reluctant to accept the scorecard. The third problem is that the scorecard is only implemented at the hotel-general-management level. As stated in the case, the hotel-general-management is the last level of the company management and they have no right to discuss the components of the scorecard. In addition, the implementation process lacks communication between different levels of managements. As a result, the scorecard represents the top managements thoughts and may not be suitable for the bottom level management. Also, the lack of communication may cause hindrance for accepting and implementing the scorecards. Flow-through Flexible Budget The company applies the flexible budget in order to achieve target budget and generate high profit. The top management of the Maverick Lodging set the original budget at first. After one fiscal year of operating, the management gets the actual data of revenue and expense. The management would then make reforecast target, which is the flexible budget, to measure the performance of each hotel. For the variable costs and the variable revenues, the company uses drivers and actual quantity to determine the value of flexible budget. However, the fixed elements and the uncontrollable expenses stay the same as original budget. After the calculations, the company can acquire controllable profits and house profits for both actual and flexible budgets. Based on the results, top management calculates the percentages of actual controllable profit divided by reforecast controllable profit. According to Exhibit 3, the company firstly determines whether the performance is low, base or high by viewing house profit percentage. House profit percentage that is lower than 90% indicates low performance, 90%-105% indicates basic performance and higher than 105% indicates high performance. After determine level of performance, the company uses the flexible budget controllable profit percentages to determine the color rankings of managers. Changes for Balanced Scorecards According to the analysis above, the scorecard does not align with the company’s overall objectives. As a result, the company can make some changes to modify the scorecards. Firstly, the company should simplify the scorecards procedure to help managers understand and increase acceptance. For example, the company should delete the color and points system, and add some straightforward methods to determine the managers’ performances. Secondly, the company should eliminate the uncontrollable factors in scorecards. For example, budget comparison should be deleted because bottom level managers have no right to determine the original budgets. Another way to solve this problem is to let bottom level managers plan for their own budgets so that they have the power to determine the original budget. In addition, since the customer survey is complicated and time-consuming for customer to fill in, many customers would not complete the survey. As a result, the company should consider simplifying the guest-satisfaction survey in scorecards to attract more attendance for the survey. The third alternative the company can take to change the scorecards is to let all level managers discuss the properties of the scorecards and implement the scorecards measurements in all level managers. Since the bottom level managers cannot determine the components of the scorecards, the acceptance and implementation process would be difficult. The scorecards process would be fairer if all level managements apply the same measurements.

Free Essays on Positive Effects Of The Black Death

Positive Effects of the Black Death It is difficult to imagine that one of world history’s most tragic events could actually have had any positive outcomes, yet it did indeed. When we consider that this plague wiped out somewhere between 25 and 50% of the population of Europe it is hard to see a good side. From China to Greenland and seemingly everywhere in between the Black Death was a pandemic nearly global in its proportions (Thomas, 6). Fleas and rats were the carriers of this grotesque disease. Symptoms included high fevers, aching limbs and vomiting of blood. The most noticeable characteristic was a swelling of the lymph nodes. The lymph nodes are found in the neck, armpits, and groin. The swellings continued to expand until they eventually burst, with death following soon after. From the first symptoms to final expiration only lasted three to four days. The swellings were easily visible and its blackish coloring gave the disease its name: The Black Death. Europe was flourishing it seemed, for nearly half a century before the early thirteen hundreds. Yet, a succession of environmental disasters occurred that set the scene for calamity. Famine and poor harvests were brought on by the â€Å"Little Ice Age† and suggested that the years of prosperity were over. In 1347 the plague arrived in Europe at Messina, Sicily and in several years the plague ravaged almost the entire Western world ( Zaller, 378). Europe lost nearly one third of Jones 2 its population during this four year period. It seems evident that there is nothing good whatsoever about these tragic events. In fact, some considered this time to be the â€Å"Apocalypse† better known as the end of the world. However, when looked at from a different prospective one might conclude otherwise. Economically speaking the plague had a number of important effects. The severe depopulation was a major contributing factor to many socio-economic change... Free Essays on Positive Effects Of The Black Death Free Essays on Positive Effects Of The Black Death Positive Effects of the Black Death It is difficult to imagine that one of world history’s most tragic events could actually have had any positive outcomes, yet it did indeed. When we consider that this plague wiped out somewhere between 25 and 50% of the population of Europe it is hard to see a good side. From China to Greenland and seemingly everywhere in between the Black Death was a pandemic nearly global in its proportions (Thomas, 6). Fleas and rats were the carriers of this grotesque disease. Symptoms included high fevers, aching limbs and vomiting of blood. The most noticeable characteristic was a swelling of the lymph nodes. The lymph nodes are found in the neck, armpits, and groin. The swellings continued to expand until they eventually burst, with death following soon after. From the first symptoms to final expiration only lasted three to four days. The swellings were easily visible and its blackish coloring gave the disease its name: The Black Death. Europe was flourishing it seemed, for nearly half a century before the early thirteen hundreds. Yet, a succession of environmental disasters occurred that set the scene for calamity. Famine and poor harvests were brought on by the â€Å"Little Ice Age† and suggested that the years of prosperity were over. In 1347 the plague arrived in Europe at Messina, Sicily and in several years the plague ravaged almost the entire Western world ( Zaller, 378). Europe lost nearly one third of Jones 2 its population during this four year period. It seems evident that there is nothing good whatsoever about these tragic events. In fact, some considered this time to be the â€Å"Apocalypse† better known as the end of the world. However, when looked at from a different prospective one might conclude otherwise. Economically speaking the plague had a number of important effects. The severe depopulation was a major contributing factor to many socio-economic change...

Paper Essay Example | Topics and Well Written Essays - 2500 words

Paper - Essay Example Indeed, the premium quality seafood seller had inducted new trawlers in the fleet and replaced old outdated boats with the newly manufactured. In addition, the company also modified its processing system thereby improving the shelf life of its seafood products. The abovementioned initiatives enabled the American seller to ensure better catch and enhance internal productive capacity and efficiency. Demand increased considerably for premium quality Neptune Gold products, yet the inventories stockpiled as supply side had easily offset existing demand patterns. The top management had been expecting that situation would aggravate further because it was not practically possible to bring supply and demand forces in equilibrium by reducing supply or fish catch. In short, Neptune had been facing a grave strategic issue of rising stocks for which no immediate solution was available in the short run. Rita Sanchez’s recommendation about introducing a new low priced brand, for which qualit y would be similar to that of existing Neptune Gold line products, indeed have both positive and negative consequences that will be discussed in detail in the following paragraphs (Kesner and Walters, pp. 2-3, 2005). After analyzing the internal and external business environment of Neptune Gourmet, I would endorse the new strategy regarding the introduction of a new brand, namely, â€Å"Neptune Silver† of premium quality products. It would not really matter if this strategy could lead to short-term migration of customers of premium quality brand toward low-priced yet similar quality seafood products. Indeed, the reason being the fact Neptune could implement it as a short run strategy and reduce its inventory levels in next two months. Obviously, this strategy would not only attract existing customers but also entice new customers who have not yet tried Neptune’s optimal quality seafood. Once,

Pictures of Everyday Life Essay Example | Topics and Well Written Essays - 1250 words

Pictures of Everyday Life - Essay Example Generally speaking, the following represents human culture-- stories, beliefs, media, ideas, and works of art, religious practices, fashions, rituals, specialized knowledge, and common sense (Butler 1-23). However, so as to comprehend fully people's relationships with each other and to social establishments, it is vital to understand the structure of society. Fundamentally, people define themselves in terms of cultures and societies and employ these characterizations as determinants of social interface, groups and organizations and deviant behavior. A classic definition, depicts culture as "the totality of learned, socially transmitted customs, knowledge, material objects, and behavior; likewise, it includes the ideas, values, customs, and artifacts of groups of people" (Schaeffer 51). However, patterns of culture per se do not offer an unambiguous perception and understanding of the idea of culture; as it is, culture is a lot more than just the object or behavior. Basically, culture also deals with standards, principles, viewpoints, or significant representations. Approximately, standards are actually the way people conduct themselves in a given society, principles are what they consider as cherished opinions, beliefs are how people think the whole world operates, and significant representations are symbols, usually representing social norms, values, and beliefs themselves (Matthew 3). Going back to the restaurant scenario, a serious observer can now begin to contemplate and ponder on questions like -- what is the structure of this particular society in its entirety Or what are its constituents and the relationships between elements What is the significance of change Where does this social order stand in the accounts of human history What will it give to make the meaning of humanity more evocative and consequential More importantly, what are its crucial facets and how do they vary from those of times past gone What types of men and women now prevail in this civilization and in this epoch If we try to seize the different "behavioral landscapes" in that restaurant and let them "freeze" for a moment, then perhaps "photography" can be used to briefly capture the sociology of everyday life. By taking photographs of societal circumstances and by construing existing photographic images, significant "meanings" can be had, the kind of understanding that is not commonly obtained in most situations. At the outset, it elevates people's sensitivities and their process of forming insights to social circumstances because now, passive seeing has been substituted - passive seeing is when countless muddled and frenzied notions fleetingly drift before people's very eyes -- but by

Strategic capabilities darden Essay Example for Free

Strategic capabilities darden Essay Strategic Capabilities In this part of the report the different capabilities of Darden will be explained and which of these capabilities lead to competitive rivalry. But first the different resources and competences will be discussed which will lead to the capabilities. 1) Resource; A physical resource of Darden is; There different restaurants, with this is meant the different buildings that Darden owns with the different kind of restaurants. 1) Competence; The competence that Darden has is; To make different kind of dishes. 1) Capability When the above mentioned resource ad competence are linked then the following capability emerges; Flexible to make different dishes for different markets. Darden has 8 different brands. Each brand standing for its own kind of food like; Italian of seafood. This means that Darden offers all kinds of food to the consumers. After applying the VRIN model to this capability the conclusion is; V- This capability is a value for the consumers due to the fact that Darden gives them the opportunity to choice between different restaurants. This capability allows Darden to be profitable in the market. R- Different brands plus products are included in one chain. Unfortunately for Darden is capability is not Rare, different competitors have the same kind of capability. ( for example Laundry’s, DineEquity) I- This capability is possible to imitate, but this will take some time and the right amount of financial resources. N- This capability is possible to substitute by another company. For example Yum Restaurants, they have also different dishes for different markets with their Taco bell, KFC and Pizza Hut. Conclusion Capability 1); The above mentioned capability is not one that is unique and that is not difficult to imitate, but however it is still a strength for Darden due to the fact it gives Darden a great brand image, and it gives it an advantage compared to their smaller competitors who do not have this capability as strong as Darden. 2) Resource; A Human resource that Darden has is: Well trained and guided staff. 2) Competence; A competence that Darden has is; Skill to buy the best products (for example Darden sources top quality seafood from more than 100 varieties. 2) Capability; When the above mentioned Resources and competence are combined then the following capability emerges; Capable of making high-quality food. High quality is always something under discussion, what is high quality? In this case is meant food that has a very good quality versus cost proportion. And speaks to a lot of people. After applying the VRIN model to this capability the conclusion is; V- This capability has a great value for the consumers because a good quality versus cost proportion is something that quest will remember and will tell to their friends and families. R- This capability is not rare, there are a lot of restaurants that can make high quality food against a good price for the consumers. I- Is this capability Imitational, yes when looking at the above mentioned point ( R) there it shows other restaurants are already doing this. N- This capability can be substitute, what has been explained earlier is that restaurants are already having the same kind of capability. Conclusion Capability 2) The capability of making high-quality food is very important for Darden because consumers expect a level of quality when they go to one of Dardens restaurants. For this case it is a strength of Darden. However it is not a very strong capability due to the fact that multiple competitors are doing the same and that it is very easy to imitate or substitute. 3) Resource; A resource that Darden has is; There strong marketing. 3) Competence; A competence that Darden has is; Using all kinds of advertising. 3) Capability; When the above mentioned resource and competence are combined then the following capability emerges; Dardens ability to market its restaurants. Darden is a leading advertiser in the full size dining segment of the hospitality industry. Darden uses different kind of methods to advertise their brands, like local and cable television, digital advertising, billboards, search engine marketing, radio and newspapers. After applying the VRIN model to this capability the following conclusion can be made; V-; This capability will generate more consumers which will bring more revenue, if the cost are low enough to be profitable in this part then this can be a huge Value to the company. For the consumers this will also be a Value because they stay up to date with new actions, menu changes and promotions. R-; This capability is not rare at all, almost every company has a marketing department and advertises itself. I-; Marketing is very imitational due to the fact that everybody sees them so other companies can easily use the same kind of method, However due to the fact that Darden has multiple brands is can target and advertise to all these markets at the same time which gives them an advantage. N-; This capability can be substituted by a different company, because there are already companies with multiple brands that target and advertise to different markets. (Laundry’s) Conclusion Capability 3) Of the 3 capabilities mentioned in this part of the report, capability 3 is the weakest. It is still an important part of the company, but it is very difficult to stand out on marketing now a day compared to competitors. It is more a capability that is at least required to be successful. Conclusion Capabilities When looking at the 3 different capabilities explained in this part the capabilities concerning the different dishes and the high quality of food are two strong and important capabilities that Darden has. The marketing capability is not as strong but it is still a plus point of the company. Without the marketing Darden would not be as successful as it is today.

The Nature of a Crazy Family in Faulkner’s As I Lay Dying :: Faulkner’s As I Lay Dying

The Nature of a Crazy Family in Faulkner’s As I Lay Dying "My mother is a fish." (p. 79) I think that this statement typifies the entire family. There is something not-quite-right about all of them. Vardeman, as Cora Tull says on page 70, is "outen his head with grief and worry" for his mother. He has confused her with the fish because they both died on the same day. In his child's mind he cannot differentiate between the two. Throughout the novel he refers to his mother as a fish, as on page 196. In this scene, he is looking at the vultures that have gathered over the wagon. Darl and Cash are trying to get Cash's broken leg situated better for the rest of the ride. Vardeman thinks that his "mother is not in the box. My mother does not smell like that. My mother is a fish." Darl is slowly going crazy. He is referred to as being "queer, lazy, pottering about the place no better than Anse" on page 24. However, his true madness is not shown until his monologue at the end of the novel after he has been arrested for burning the barn. Cash believes he did so to try to rid them of Addie's body, but Darl never reveals his motivations. In his final section he seems to be looking in on himself. He refers to his body as Darl, and he asks himself "'What are you laughing at?'" All the answer he gets is "'Yes yes yes yes yes'" (253). Dewey Dell is obsessed with sex and her unwanted pregnancy. Every man that looks at her she looks at with "her eyes kind of blaring up and going hard like [they] had made to touch her" as she does with Tull on page 124. Even in trying to get rid of the fetus, however, she is confronted with sex. She is none the wiser to the wiles of the ‘doctor’ until afterwards when she says, â€Å"’It won’t work [ . . . ] I just know it won’t’† (252). Jewel has some less-than-healthy fascination with his horse. While he frequently beats it about the head, he still refers to it as a â€Å"’sweet son of a bitch’† (13). He was willing to work all night every night for weeks in order to buy the horse, and he disappears for a while when Anse barters it for the new team.

Enron: the smartest guys in the room Essay

Enron Corporation was an energy, commodities, and service company out of Houston, Texas founded by Kenneth Lay in 1985. Lay built natural gas power energy in East Texas which helped Enron’s stock rise. Louis Borget, Andrew Fastow, and Jeffery Skilling were the top management executives from 1985 until 2001. Each helped to bring about the demise of the company in multiple ways. One of the first scandals in Enron involved President Louis Borget and two traders were discovered betting on Enron Stocks. The company books were altered to inflate profits so that the company appeared to be more profitable that it actually was. Borget was diverting company money into personal offshore accounts. Auditors tried to uncover the problem, but Borget and the traders had a separate set of books that they kept from the auditors. Kenneth Lay, who was aware of this unethical practice, and encouraged Borget to continue â€Å"making us millions†, two months later the separate set of books we re brought to the investigators and Enron fired the two traders and Borget had to serve one year in jail. After his biggest money maker was put behind bars Lay needed to find him a new money maker. So Lay hired Jeffrey Skilling to be the CEO. Jeffrey Skilling would only accept job if Enron adopted a mark-to-market accounting strategy. Mark-to-market accounting allowed the company to book potential profits on certain projects immediately after contracts were signed, regardless of the actual profits that the deal would eventually make. This gave Enron the ability to look like they were a profitable company. Skilling put together a performance review committee that graded employees and fired the bottom fifteen percent each year which made the employees very competitive and created a very tough working environment. Traders were very aggressive and they made it to where if you wanted to be in the market you didn’t have a choice to deal with Enron. Trading became the main reported profit for Enron. Skilling hired two guys that became his top lieutenants Lou Pai and Cliff Baxter. They were known as the â€Å"Guy with Spikes†. Baxter was a very smart guy and was Enron’s Chief deal maker. He was manic-depressive and best friends with Skilling. Pai was the CEO of Enron Energy Services. He was  very mysterious guy who employees say was never in the office. Pai only seemed to care about two things, money and strippers. He would bring strippers into the office and would put everything he spent in the strip clubs onto an expense reports to be reimbursed by Enron. All of Pai’s time in the strip clubs caught up to him and caused him to get a divorce. Once he got a divorce he sold all of his stock and resigned from Enron. He came out of Enron better than anyone cashing in his stock and receiving approximately two hundred and fifty million dollars. The division of Enron that Pai ran lost a total of around one billion dollars which was covered up by Enron. Enron had success in the bull market brought on by the dot-com bubble. Enron’s stock prices increased to record prices. The games was called â€Å"pump and dump† top executives would pump up the stock prices and then sell their million dollar options. Everyone at Enron was consumed with the stock price. Stock prices were even posted in the elevators for everyone to see. Enron launched a PR campaign to make itself look profitable even with all aspects of the company operating poorly. Skilling’s philosophy was to take high risks because these deals would make more money. One of these high risk deals was building a power plant in India, which nobody wanted to do because India could not afford the high prices. The company lost a billion dollars on this project but that fact was covered up by Skilling. The company paid out multi-million dollar bonus to executive on non-existent profits. Enron bought out Portland General Energy which gave them access to the deregulated market of California. All of the employees in PGE had bought their stock so when Enron took over all of the stock PGE stock became Enron. The Portland General Energy workers had always invested their 401k into stock which converted to Enron. These employees continued to purchase stock because of their trust in Enron. Enron’s main motivation for buying the company was to operate in California since they held the highest demand for energy in the United States. Enron’s traders would trick California’s electricity supply and export the energy to another state causing California to have blackouts. By California having these black outs they raised the energy rate in the state. Although Enron’s stock prices were steadily rising, the company was losing a lot of money. Skilling turned the company  into cyber space. They attempted to use broadband technology to deliver movies on demand and â€Å"trade weather† like a commodity. Both of the marketing strategies failed miserably. By using mark-to-market accounting they booked 53 million dollar in earnings on a deal that didn’t make a penny. Once they figured out they could not hide the company’s losses, the top executives started selling their stock. Enron was named the â€Å"most admired† corporation by Fortune magazine for the six years in a row. Jim Chanos, an Enron investor, and Bethany McLean, a Fortune reporter, both questioned the company’s financial statements and stock value. McLean tried to talk to Skilling about the irregularities but Skilling went on the defensive calling McLean unethical. Skilling sent three executives to meet with her and Fortune’s editor including CFO Andy Fastow. Andy Fastow was the main one keeping Enron running. He was cooking the books making it look like Enron was making a profit even though the company was more than 30 billion dollars in debt. Fastow created two limited partnerships, LJM1 and LJM2, for the purpose of buying Enron’s poorly performing stocks to improve its financial statements. Fastow had to go before the board of directors to get an exemption to run these two companies as well as Enron. This was a definite conflict of interest. He also had personal financial stake in these company’s either directly or through a partner. He made millions of dollars defrauding Enron. He pressured the investment banks such as Merrill Lynch, Citibank to invest by threatening them with loss of Enron’s bus iness if they did not. He had analysts fired who threatened to report Enron for wrong doings. A good sound ethics policy was established when Enron was formed. The problems occurred when the policy was not followed. By not following the ethics policy put in place, employees and management were encouraged to take risks thereby encouraging unethical behavior which ultimately brought down the company. Enron went bankrupt in 2001 due in large part to widespread fraud in company operating policies. The top executives were the main ones practicing unethical behavior in the company. By the top executives behaving unethically lower level employees followed their example. As long as Enron was making money no one cared how they went about doing it. In 2001, these unethical actions over the past decade and half caught up with Enron’s top executives and employees. Twenty thousand employees lost their job, medical insurance and employees also lost1.2 billion in retirement funds. Enron’s top executives were paid bonuses totaling 55 million and cashed in their stock at approximately 116 million dollars. Even though some of the executives mad e money in the deal they had to face criminal charges which placed some in prison and some still have pending cases. If Enron has survived their collapse in 2001 and I were to be a consultant for Enron, I would make sure that the code of ethics booklet that all employees read and signed before taking the job at Enron were followed. Employees and executives would have to take part in ethics training to be sure that they understand the book completely. Enron would have to have commitment from all of the executive positions to follow these rules and also enforce them even if the unethical actions were making the company more money. There would have to be a zero tolerance rule in place that everyone understood. All employees acting inappropriately would be reprimanded as established in the code of ethics booklet. Work cited Enron: The Smartest Guys in the Room. Dir. Alex Gibney. By Alex Gibney, Peter Elkind, Bethany McLean, and Peter Coyote. Magnolia Pictures, 2005

Leadership Styles Democratic Leadership Style - 1045 Words

DEMOCRATIC LEADERSHIP STYLE Erica Easley Ohio University Democratic Leadership Style Leaders are the ones we turn to when life gets to be too much. Good leaders set examples and provide guidance through education (Huber, 2014). As a new nurse I can understand how important it is to have a leader you turn to when you are unsure. Furthermore, in the business of health care we are managing people s lives and one wrong move can be deadly. Therefore, it is important to collaborate with other health care professionals to ensure a safe competent method of delivery. Ideally, the role of a leader in health care is one that is knowledgable, firm, and confident, with the ability to deviate from the plan to assist with an emergency. Consequently, the purpose of this paper is to reveal three key behaviors successful leaders exhibit, assess my personal leadership style, referencing theories, while determining an optimal work environment based upon the aforementioned. Leadership Defined According to Huber a leader is a process of influence by which the leader influences others toward goal achievement (2014). With that being said, the role of key leader is null and void without the allegiance of a team. As part of this week’s module we were to complete an assessment to determine the category in which our leadership style mimicked. Furthermore, results determined that the leadership style I possess democratic. Moreover, the democratic style of leadership is primarilyShow MoreRelatedDemocratic Leadership Style980 Words   |  4 PagesDemocratic Leadership Style Democratic leadership style is also referred to as participative leadership. This is because all employees and organizational members have an equal say in the administrative decisions affecting their lives. The style values affirmation and collaboration of members and candidates. Democratic leadership allows equal participation of people in reposing, developing and creating laws. 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This meeting is not a criticalRead MoreDemocratic Style Of Leadership Ideas Essay2004 Words   |  9 PagesDemocratic style of leadership ideas have the ability to move more freely throughout the organization. Team are willing to openly discuss the ideas and the different concepts. In this type of technological environment Democratic style is in my belief the most efficient style available. In this type of leadership every employee’s opinion is up for consideration. In Democratic leadership the ultimate results are prepared by the democratic front-runners where other group associate are asked by themRead MoreLeadership As A Democratic Style Works Best2603 Words   |  11 Pagesresearch on forms of leadership is that a democratic style works best. Explain and evaluate this claim with reference to social psychological theory and evidence. Leadership can be understood as the process of having an individual member of the highest rank within a group lead its members, or is given the ability to do so. In applied social psychology, leadership can split and tied into occupational and political settings, nonetheless some educational applications of leadership in teachers has likewiseRead MoreA Critical Analysis Of Democratic Leadership Style889 Words   |  4 PagesA Critical Analysis of Democratic Leadership Style Charles Maurice de Talleyrand-Pà ©rigord, a French, bishop, politician, and diplomat, once stated â€Å"I am more afraid of an army of one-hundred sheep led by a lion than an army of one-hundred lions led by a sheep.† Leadership is defined as the ability to influence a group toward the achievement of a vision or a set of goals (Robbins Judge, 2013). Leadership inside the context of the workplace and the study of organizational behavior has the abilityRead MoreThe Leadership Style Of Laissez Faire, Democratic, And Autocratic Leadership1367 Words   |  6 PagesIntroduction Leadership is a quality that every nurse can possess. Though, it takes the qualities of vision, passion, integrity, and empowerment to make an excellent nurse leader (Kelly Tazbir, 2014). Anyone can be a leader (Stonehouse, 2011). If you tell that statement to a brand new nurse, she will likely tell you she will not be a leader because she is unsure of her skills. It is important to recognize this and know that leadership evolves with education. The styles of laissez faire, democratic, andRead MoreCompare and Contrast Autocratic and Democratic Leadership Styles910 Words   |  4 PagesAutocratic leadership is a classical leadership style with the following characteristics: manager seeks to make as many decisions as possible, manager seeks to have the most authority and control in decision making, manager seeks to retain responsibility rather than utilise complete delegation , consultation with other colleagues in minimal and decision making becomes a solitary process managers are l ess concerned with investing their own leadership development, and prefer to simply work on the taskRead MoreDemocratic Leadership Style With Your Best Judgment Essay3553 Words   |  15 PagesAccording to me I think I have got Participative (Democratic Leadership) style because I really like to work in a team. Democratic leaders make the final decisions, but they include team members in the decision-making process. They encourage creativity, and people are often highly engaged in projects and decisions. As a result, team members tend to have high job satisfaction and high productivity. I personally believe that the democratic leadership style should be used by every leader and person