Type of Business, Purpose, Ownership and Influence Essay Example for Free

Type of Business, Purpose, Ownership and Influence Essay Describe the type of business, purpose and ownership of contrasting organisations. TESCO PLC Tesco plc. (Public limited company) is a global grocery and general merchandise retailer, headquartered in Cheshunt in the United Kingdom. Tesco is the third largest retailer in the world, measured by revenues and the second largest, measured by profit. Tesco has around 5380 stores around the world; David Reid is the chairman and Philip Clarke. Most of the people think that Tesco is an international business however; Tesco is defined as a global business because as mentioned before, it has a large number of stores in 14 countries across Asia, Europe and North America. Tesco is in the tertiary sector and is the leader grocery market leader in the UK; it has a market share of 30%. It also is the market leader in Malaysia, Republic of Ireland and Thailand. Tesco’s ownership is based in a lot of shareholders. Dagenham Park Leisure Centre Dagenham Park Leisure Centre is a public organisation, which means that is own by the government, in this case Barking Dagenham council. As we can see from the name it is located in Dagenham and it’s a local organisation and is part of the tertiary sector. The main purpose of this organisation is to offer the local community facilities such as a fitness suite, a dance studio, a meeting room, a sports hall, a climbing wall and much more facilities so people can practice different types of sports, dance and even hire rooms to organise meetings. . Describe the different stakeholders who influence the purpose of these contrasting organisations. TESCO PLC In Tesco we can identify different stakeholders such as investors/shareholders (owners), customers, employees, suppliers and financiers. Investors/shareholders are very important stakeholders in Tesco as they are the owners and will obviously want it to do well because otherwise they will not make a profit. Without investors/shar eholders there wouldn’t be any funds, so Tesco would be able to carry on as a business. Also if Tesco isn’t making profit, the investors/shareholders will have to sell their shares and invest in other business that will give them profit; with this, Tesco’s shares could decrease and if they decrease a lot, Tesco could go bankrupt and this would be bad for everyone, customers, employees, suppliers and financiers. The customers are also very important. Tesco like most businesses need their customers because they are the businesses income as the customers are the people who buy Tesco’s products. The customers are a bit like a pressure group because they apply pressure to Tesco to meet their needs. Meeting the customer’s needs can be things such as expanding their stores or giving more variety on certain products. Basically, a customer wants quality goods at a low cost. They would also want a variety of products to choose from and it is Tesco responsibility to provide them what they want otherwise if Tesco doesn’t respond to the customers’ needs in a positive way, Tesco might lose their customers and this will prejudice the business and the shareholders won’t be very happy with this. The employees are the people who Tesco pays to provide service. Tesco need to provide their employees with good working conditions, reasonable hours and treat them fairly because otherwise the employee’s will not be happy at their job which could lead to them resigning. If Tesco employees start resigning for negative reasons then word could spread that Tesco have bad working conditions and that employees of Tesco are not treated fairly meaning Tesco may find it hard to find skilled staff. Suppliers are important to Tesco because they supply Tesco with the goods to sell. The suppliers will want good money for the goods they supply to Tesco; this is the reason why suppliers will have an interest in Tesco because they will want their products to sell well. If particular products don’t sell well in the Tesco stores Tesco might decide that it is not beneficial to them to buy these items any more resulting in the suppliers not making any profits. Financers such as are important because they lend money to Tesco to make there expansion of the business possible. By expanding the stores more interest in Tesco is created. By doing this, more customers will shop there when the expansion is completed meaning Tesco will make more profits. Dagenham Park Leisure Centre The local community will have a huge impact, because if there aren’t any individuals paying for using the facilities, there won’t be any profit for the business, so they have to provide good service and quality facilities so the community will be satisfied, the other reason why the local community is mportant is because the leisure centre was aimed for them, so if they don’t make use of it, the purpose of the organisation won’t be accomplished. The employees are very important, because the management in Leisure Centre is vital. The employees will get paid to provide services of all types (laundries, dance teaching, personal trainers, managers, etc. ). They also have to be provided will good working conditions, so they will be satisfied, otherwise they will resign and it will prejudice the Leisure Centre as there won’t be anyone to provide services to the community. Barking Dagenham council is a very important stakeholder, as they are part of the government they are funding the Leisure Centre and they will want that the Leisure Centre makes good profit and provides good service for the community. If it is the other way around, the Council might reduce facilities or even close the Leisure Centre due to the costs and if it happens it will affect the community as they will lose the facilities the Leisure Centre was providing and will also affect the employees as they will lose their jobs and become unemployed . Suppliers are important to the Leisure Centre because they supply the Leisure Centre with the goods for the restaurant and not only. The suppliers will want good money for the goods they supply; this is the reason why suppliers will have an interest in Leisure Centre because they will want their products to sell well, so they can keep selling their products to the Leisure Centre. If particular products don’t sell well, Leisure Centre might decide that it is not beneficial to them to buy these items any more resulting in the suppliers not making any profits. Trade unions might have an impact of a Leisure Centre. Many employees in the public sector belong to Trade Unions, so if the Government tries to fire an employee that belongs to a Trade Union, the Trade Union might get involved and it might even go to court, this can influence that the Government keeps their employees for longer.

Slumdog Millionaire Essay Example for Free

Slumdog Millionaire Essay The issue we have decided to discuss is centred around the two children Rubina Ali and Azharuddin Ismail who star in a leading role in the film Slumdog Millionaire. The film grossed $141,000,000 in the US alone and had a budget of $15 million but the two children only received  £500 ($700 American Dollars) and  £1,700 ($2408.50 American Dollars). Despite the claims of director Danny Boyle, that the film has â€Å"completely changed their impoverished lives† (Tyler, 2009) the children continue to live in the slums in India from where they were originally found. The children’s parents were very disappointed given the films worldwide success and had hoped that this film and their children’s leading roles would have given them opportunity of a better life outside the slums. Having found themselves leading the same lives as before Slumdog Millionaire, they realised just how under-paid their children were actually paid. Ismail predicament is considerably worse off as his illegal home was recently demolished by local authorities. It is even more difficult for the children to return to the slums given the lifestyle and the luxuries they received during the filming, promotion and subsequent award ceremonies. However both film makers and film distributors have disputed the families’ claims and have highlighted that the wages paid to both the children were three times the average local annual adult salary. Furthermore provisions have been made for the children’s education and once completed a trust fund will be paid to the then 18 year olds, Ali and Ismail. Ethical issues surrounding the topic * Underpaying the child actors in the Slumdog Millionaire movie * Allowing the children to return to the slums * Returning the children to their poverty stricken roots having experiences the lifestyle of a movie star * Not providing the children with a place to live after their home had been destroyed * Is the trust fund achievable given the children’s circumstances and harsh living conditions?

Strategic Management Case Studies Marketing Essay

Strategic Management Case Studies Marketing Essay 1.1 What are the key differences between the two accounts of Hondas entry into the US market? 1The first case is narrated by The Harvard Business School based on the Boston consulting (BCG) Report whereas the second case, An Insiders Account of Hondas Entry into the US Market is a direct narration recorded by Richard Pascale. The BCG report explains on the Honda Company as a matured business and a mix of its competitors in the US. As affirmed in the case; Hondas competitors were Harley-Davidson, BSA, Triumph, Norton, and Moto-Guzzi. Whereas, the second case enlightens how the company initiated from scratch and its journey through the difficult times. Richard Pascales article explains the challenges that the company went through during its commencement, such as difficulty in getting funds; treatment of the motorcycle dealers was discourteous, while in the BCG article no challenges were mentioned. The BCG report emphasizes more on the Hondas in-depth research and development department for instance having more staff; as said in the article, the RD was staffed with 700 designers/engineers, increase in the production level as a result more investment in the RD department. While the second case doesnt explain anything with regard to the research and development since it is taking the business at an initiative level. The BCG report highlights target market in general whereas the second article explains target market in details as said in the case, the company chose Los Angeles as the location whereby their target market consisted of second and third generation of Japanese community. Richard Pascales article clearly identified the companys products offered to the market as stated in the article; the products were 50cc, 125cc, 250cc and 350cc machines while in the first essay explains the general overview of the companys products. 1.2 REFERENCE AND BIBLIOGRAPHY: Reference: Number Reference list Reference type 1 Herbert Rotters former Goldwing page former Yamaha Virago 1100 page, Personal Homepage, Honda Motorcycle 350 CB [Image] http://www.porzellanpuppen.at/hpbikes/bikeenglish.htm Electronic Source Cover Page Image 2 Greenwich University; Course Work: The Honda Effect, Case Study Scenario. Article Bibliography: http://www.google.com CASE STUDY 2- LAURA ASHLEY 2 2.1 Map Laura Ashleys stakeholders using a power/interest matrix. 3Stakeholders are individuals, groups or organizations who are affected directly or indirectly by organizations goals, objectives, actions and policies. 4Stakeholder Analysis is a tool used to recognize the stakeholders and investigate their needs as they are the ones who are concerned with the actions taking place within the organization. The aim of this analysis is to identify the stakeholders interests, concerns and manage relationships with them. The method used to access stakeholders is Mendelows Stakeholder Matrix which has two dimensions; Power and Interest with four quadrants.  [5]  Interest talks about the stakeholders concern towards a project whereas power talks about the control over the project. Power A Minimal Effort B Keep Informed C Keep Satisfied D Key Players Low High Figure 1 Low High Interest Minimal Effort people who need to be observed without boring them with unnecessary communication. Keep Informed people who need to be informed sufficiently, talked and make sure that no major issues take place. They can help with the developing the project details. Keep Satisfied people who need to be well satisfied with nothing much that would bore them whilst comprehending of the assignment. Key Player- people who must be associated and satisfied with the efforts made. 6Laura Ashleys stakeholders are Analysts, London Stock Exchange Market, Malayan United Industries (MUI) shareholder Dr. Khoo, Customers, Government and Suppliers. It is essential that the stakeholder management should be conducted so as to know each stakeholders level of power and interest along with their impact on the company. However it is sometimes difficult to locate all companys stakeholders in one frame as in the case of Laura Ashley. Beneath is the table, of the Stakeholder Map showing the strategies that are applied for Laura Ashley. Stakeholders Power Interest Strategy Analysts London Stock Exchange Market Dr. Khoo High High Key Players Customers High High Key players Government High High Key players Suppliers High High Key players Table 1 Below is the Power/ Interest matrix showing Laura Ashleys Stakeholders. Power A Minimal Effort B Keep Informed C Keep Satisfied D Key Players Dr. Khoo Customers Government Suppliers Low High Low High Figure 2 Interest 2.2 REFERENCE AND BIBLIOGRAPHY: Reference: Number Reference list Reference type 3 Vintage Verity Adoring all things vintage, retro and downright quirky Laura Ashley logo [Image] http://vintageverity.wordpress.com/2008/02/27/cath-kidson-v-laura-ashley/ Electronic Source Cover Page Image 4 Business Dictionary, An Ask.com Service, Definition of Stakeholder http://www.businessdictionary.com/definition/stakeholder.html Johnson et al, 2009, Fundamentals of Strategy: Definition of Stakeholder, 1st edn, page 90. Electronic Dictionary Book 5 Wikipedia, October 16, 2008, Stakeholder Analysis, Wikipedia Encyclopedia, http://en.wikipedia.org/wiki/Stakeholder_analysis BaBou, March 9th, 2008, Leadership Champions, What is Stakeholder Analysis? Part 1: Definition and aim of Stakeholder Analysis, http://leadershipchamps.wordpress.com/2008/03/09/what-is-stakeholder-analysis Electronic Encyclopedia Electronic Source 6 Mind Tools Essential Skills for an excellent career, Winning Support for your Projects, Stakeholder Analysis: Mendelows Stakeholder Matrix, http://www.mindtools.com/pages/article/newPPM_07.htm BaBou, March 10th, 2008, Leadership Champions, What is Stakeholder Analysis? Part 2: Mendelows Stakeholder Matrix, http://leadershipchamps.wordpress.com/2008/03/09/what-is-stakeholder-analysis/ Electronic Source Electronic Source 7 Greenwich University; Course Work: Laura Ashley, Case Study Scenario Article Bibliography: http://www.google.com CASE STUDY 3- APPLYING A BALANCED SCORECARD 7 3.1 What arguments would you use to persuade an organization to adopt the Balanced Scorecard approach? 8A Balanced Scorecard (BSC) is a tool that is used to measure a companys business activities in relation to its vision along with its strategies. It provides managers a complete knowledge of the business performance. 9Figure 1 Usually when organizations measure performance, it is the financial area that is given more attention while the rest of the aspects are not taken much into consideration. It is therefore important that organizations should pursue in using the balanced scorecard.  [10]  Below are some of the benefits which the organizations will gain. One of them being a source of direction since it guides the management as well as helps identify what needs to be measured in order to accomplish organizational goals which will in return act as a competitive advantage for the firm. With Balanced Scorecard, firms are able to determine both financial as well as non-financial measures. As said in the case study, the balance scorecard was to combine three new sets of measures with the customary financial ones, embracing the customer, learning and growth, and internal issues such as quality improvement and cost control. Balanced scorecard allows firms to develop as well as expand so as to align new organizational strategies, as said by Mr. Hofmeister in the case study, it gives us better and better alignment (between all operating units) and focuses attention on whats important and on results. Through the balanced scorecard, organizations are able to the compare past experience in order to improve its performance which will help predict what will happen in the future. Although the growth of practicing balanced scorecard is slow, however many organizations have already accepted and are applying it. 3.2 REFERENCE AND BIBLIOGRAPHY: Number Reference list Reference type 8 Businessballs.com, Balanced Scorecard; Kaplan and Nortons organizational performance management tool Balance Scorecard [Image] http://www.businessballs.com/balanced_scorecard.htm Electronic Source 9 Papaers4You, Guide on How to write University Essays, Coursework, Assignments and Dissertations: Definition of Balanced Scorecard, 2002-2007, http://university-essays.tripod.com/balanced_scorecard.html Business Knowledge Source, What is a Balanced Scorecard, and what does it have to do with manufacturing? Definition of Balanced Scorecard, http://www.businessknowledgesource.com/manufacturing/what_is_a_balanced_scorecard_and_what_does_it_have_to_do_with_manufacturing_023647.html Ali, Md. Mohobbot, The Balanced Scorecard (BSC) A Critical Analysis, http://eprints.lib.okayama-u.ac.jp/1391/1/18_0219_0232.pdf Electronic Source Article Electronic Source Electronic Source PDF DOC 10 Queensland Government, Southbank Institute of Technology, Strategic goals: Balanced Scorecard Framework [Image] http://www.southbank.edu.au/site/about/corporate/mission.asp Electronic Source 11 Balboa, Jun 26, 2005. ECheat; Porters Five Forces, Value chain, Balanced: Critically evaluation of Porters five forces, Value Chain Analysis, Balanced Scorecard Benefits of Balanced Scorecard. http://www.echeat.com/essay.php?t=27147 Business Knowledge Source, What is a Balanced Scorecard, and what does it have to do with manufacturing? Benefits of Balanced Scorecard, http://www.businessknowledgesource.com/manufacturing/what_is_a_balanced_scorecard_and_what_does_it_have_to_do_with_manufacturing_023647.html Partnering to Success, The Balanced Scorecard: Benefits from using the Balanced Scorecard, http://www.thebalancedscorecard.com/benefits_bsc.htm Ali, Md. Mohobbot, The Balanced Scorecard (BSC) A Critical Analysis: Benefits of Balanced Scorecard http://eprints.lib.okayama-u.ac.jp/1391/1/18_0219_0232.pdf Beverly Dianne Calhoun, Oct 19, 2004, Using the Balanced Scorecard to Determine Corporate Information Needs: Benefits of Balanced Scorecard http://www.designbydi.com/documents/BalScrCrd.pdf Greenwich University; Course Work: Appling a Balanced Scorecard, Case Study Scenario Electronic Source Article Electronic Source Article Electronic Source Article Electronic Source PDF DOC Electronic Source PDF DOC ArticleReference: CASE STUDY 4- FIAT: REBIRTH OF A CARMAKER 11 4.1 Using the information in the case study undertake a SWOT analysis of Fiat at the time of Sergio Marchionnes appointment and suggest how a SWOT analysis in 2008 may differ. 12SWOT analysis is used for scanning an organization (internal factors) as well as its environment (external factors). The internal factors include strengths(S) and weaknesses (W) while the external factors include opportunity (O) and threats (T). 13SWOT ANALYSIS FOR FIAT GROUP AUTOMOBILES: Below is a table showing SWOT Analysis before the year 2004. Strengths weaknesses Fiat offered differentiated products. That is; it provides the market with a variety of cars. The companys hierarchy line was long making it more bureaucratic. Fiat cars were viewed as a quality brand. It lacked well developed core competence lending to ugly and unstylish cars. The company was well reputed. It needed to maintain its debts. Ability of manufacturing small cars. Licensing agreement with Bosch for financial support in exchange with the diesel technology that Fiat had. opportunities Threats Fiat had a chance of wining the market share from rivals. Competition with existing automobile firms. The market is ready to accept the new and stylish cars. Partnership agreement with General Motors for giving it them the right to sell its cars. Risk of employing new members to the Fiat family. Table 1 Below is a table showing SWOT Analysis after the year 2004. Strengths weaknesses Distinctive competence of designing low cost equivalent four-cylinder engine. Limited resources. Using technology by means of computer for simulation. Lack of knowledge with regard to entering new markets. For example the Chinese market. Producing new and stylish car designs. Drop in the market share. Competitive advantage of cutting down time to reach the market. Declined performance of the company since Fiat only sold 2000 cars in china, India and Russia. Fiats cars are exploited to have relative fuel efficiency. It is the first carmaker to put forward diesel engines that met the so-called Euro 5 fuel standards. opportunities Threats Winning the market share. Rivalry of potential new competitors. Expanding product line with new and innovative stylish cars. Rivalry with existing competitors such as VW and PSA Peugeot Citroen. Entering into joint venture for instance, with companies like SAIC (China) and TATA (India). Adverse demographic. For insistence Russian market; is it ready to accept the cars offered to them? Entering new geographic markets such as Brazilian, China, India and Russia. Challenge in controlling quality of the car brand. Fiat cars expect to have lower average emissions than any other competitor due to its fuel efficiency. Risk of employing new members to the Fiat family. Table 2 Comparing SWOT analysis before and after 2004: The company is able to increase its growth by entering new and emergent markets. As said, Fiat is expecting to have its sales from different areas such as outside Western Europe, China, India, Russia and soon overtake Germany. Fiat will also be able to increase sales along with its market share whereas before 2004, its sales were dropped; market share had declined and a lot of debt was to be paid. With introduction of technology, new stylish cars were offered to the market with reducing time at development area so as to start the production as soon as possible. The firm was able to rectify mistakes that it made earlier. For example the licensing agreement with Bosch in exchange with the diesel technology that Fiat had. Below is a table showing a comparison between the two SWOT Analyses. 2004 2008 Sales were dropped, Market share declined and a lot of debt was pending to be paid. Sales along with its market share increased. Fiats core competence had ceased. Developed new competences such as designing low cost equivalent four-cylinder engine, usage of technology, cutting down time to reach the market, relative fuel efficiency, put forward diesel engines. Mistake of licensing with other companies in order to support their finances in exchange with their ability. The firm will not repeat the same mistake of licensing; hence it will protect its competitive advantages. The companys hierarchy line was long making it more bureaucratic. The hierarchy line had become shorter making it less bureaucratic allowing the process to be smooth. Table 3 By 2008, most of the weaknesses had been reduced due to the rearrangement of the organizational system however, at the same time; a lot of improvement has been made. Therefore in order to develop, it is essential that the company takes many risks, as done by the Fiat Group Automobiles, since it is through this, the company has reached where it is now. 4.2 REFERENCE AND BIBLIOGRAPHY: Reference: Number Reference list Reference type 12 Legendarydevils, Thread: 140 Fiat Cars Wallpapers, Fiat Cars Image http://www.legendarydevils.com/english/2173933-140-fiat-cars-wallpapers.html Electronic Source Cover Page Image 13 Quick MBA Knowledge to Power your Business, Strategic Management: Defining SWOT Analysis. http://www.quickmba.com/strategy/swot/ Marketing Teacher Est 2000, Lesson: SWOT Analysis, Definition of SWOT analysis. http://www.marketingteacher.com/Lessons/lesson_swot.htm Electronic Source Electronic Source 14 Greenwich University; Course Work: Fiat: Rebirth of a carmaker, Case Study Scenario. Tutors notes on SWOT Analysis Article Bibliography: http://www.google.com CASE STUDY 5- THE PROFITABILITY OF UK RETAILERS 14 5.1 Use the industry analysis framework to explain the profitability of the main supermarket chains in the UK. Analyzing profitability of any Industry is done through The Five Forces Model that was put forward by Michael Porter. Beneath is a figure of the model. 15Figure 1 16Below is an industrial analysis showing the profitability of the main UK supermarket chains. SUPPLIERS Bargaining power of the suppliers is Low since British firms have command over their suppliers. As said in the case; British firms are more experienced and more skillful in their buying power to extract better terms from suppliers. BUYERS Customers bargaining power is also Low since the supermarket groups have control over them. As said in the case; The UK groups exert massive buying power by utilizing the oligopoly power to impose a higher-than-normal price on their customers. RIVALRY The competition between existing supermarkets is extremely high, due to the fact that there are many groups within this industry which have similar products / services. SUBSTITUTES Threat of substitutes is high as customers can switch to other shops instead of going to the supermarkets since they might be charged with a higher price as compared to other shops providing similar products at a lower price. Secondly, the suppliers could also switch to other firms rather than the British supermarkets due to the buying power exerted by the supermarkets. THREATS OF NEW ENTRANTS With lots of competition, threat of new entrants is relatively high, since the industry is more profitable in UK. At the same time, UK groups have barriers that cause difficulty for new competitors to enter the industry. Some of them being: Application of IT in their logistics, Lower Labor costs and High own-label penetration. Number Reference list Reference type 15 Carpenter, M, Bauer, T, Erdogan, B, Flatworld Knowledge, Principles of Management; Developing Strategy through External Analysis Porters Five Forces Analysis of Market Structure. [Image] http://www.flatworldknowledge.com/pub/1.0/principles-management/29047#web-29047 Electronic Source Cover Page Image 16 BUS 2700 Business Driven Information Technology, chapter 2: Identifying Competitive Advantages; The Five Forces Model Evaluating Business Segments. The Five Forces Model. [Image] http://bus2700-spring08.blogspot.com/2008/01/chapter-two-identifying-competitive.html Electronic Source Image 17 Greenwich University; Course Work: The Profitability of UK Retailers Case Study Scenario. Tutors notes on Industrial Analysis: Five Forces Model Article 5.2 REFERENCE AND BIBLIOGRAPHY: Reference: Bibliography: http://www.google.com CASE STUDY 6- THE NOVOTEL VALUE CHAIN 17 6.1 Use the VRIO framework to evaluate Novotels capabilities. 18In order to have a sustained competitive advantage the firm needs to evaluate its resources and capabilities done through the VRIO framework. Below is a VRIO framework for the Novotel hotel. CAPABILITIES V R I O Implications for Competitiveness Customer service delivery; such as hospitality, greetings, warmth. Yes No No No Competitive parity Marketing techniques through distribution systems. Yes Yes/ No No No Temporary competitive advantage Firm infrastructure and Procurement through good relationships with suppliers. Yes Yes Yes No Sustainable competitive advantage Retention of Staff through staff exchange. Yes Yes No No Temporary competitive advantage Standardized system throughout the locations worldwide. Yes Yes No No Temporary competitive advantage Multi-skilled Staff. Yes Yes Yes Yes Sustainable competitive advantage Table 1 Service design is one of the key resources that Novotel has, making it valuable. It includes the layout of the hotel allowing the customers to easily access the public spaces such as bars and restaurants. Distribution systems are attained by good relationships with distributors. Novotel has achieved to operate in both individual and corporate business as well as leisure markets. Firm infrastructure and Procurement Novotels relationships with partners develop a strong bond creating a valuable asset to the organization. Its efficiency allows delivering both economies of scale and scope making it rare and difficult to imitate. Staff retention is the most essential resource required in this industry. To retain and motivate, is a challenge Novotel was competent to do, thus reducing staff turnover through staff exchanges resulting to value creation. Standardization in all the locations worldwide is another benefit that Novotel has; allowing the staff to understand basic functions. This technique is valued and rare. Novotels Multi-skilled staff creates an exceptional resource and is most valued. The skills given to them during the training makes them capable of doing multiple tasks. Most of the capabilities conclude to be temporary competitive, since the industry is such that many competitors can imitate most of the capabilities and resources that the Novotel hotel has, directly or indirectly. Hence Novotels most sustainable competitive advantages are obtaining and retaining its multi-skilled staff that can work flexibly as well as having good relationships with suppliers. Number Reference list Reference type 18 tophotelsphuket.com, Top Hotels in Phuket, Thailand, Novotel Hotels and Resorts Novotel logo [Image] http://www.tophotelsphuket.com/hotels/novotel-hotels-phuket.htm Electronic Source Cover Page Image 19 Applying the VRIO Framework: An Overview; VRIO Analysis. http://academic.udayton.edu/DianeSullivan/Other%20Helpful%20Files/Applying%20the%20VRIO%20Framework.doc Abraham Z. et al, Pacific Lutheran University School of Business, Vodafone Strategic Evaluation; VRIO Analysis, 2007. http://www.plu.edu/~vennataj/doc/vodafone.doc Scott Gallagher, 2004; Why do firm performance differ? Internal Analysis VRIO Analysis; Updated on 1st Nov 2007, http://falcon.jmu.edu/~gallagsr/WDFPD-Internal.pdf Greenwich University; Course Work: The Novotel Value Chain Case Study Scenario Tutors notes on: VRIO Analysis Electronic Source Word Doc. Electronic Source Word Doc. Electronic Source PDF Doc Article 6.2 REFERENCE AND BIBLIOGRAPHY: Reference: Bibliography: http://www.google.com CASE STUDY 7- THE LEVISS PERSONAL PAIR PROPOSAL 19 7.1 What position in the market does Levis occupy (use the strategy clock to characterize its position)? 20Bowman derived the strategic clock into four quadrants, having eight dimensions namely; No fill, Low price strategy, Hybrid, Differentiation, Focused differentiation, Increased price / Standard value, Increased price / Low value, Standard price/ Low value. The clock is compared in terms of Perceived Price and Perceived Benefit or Added Value as shown below. 21Figure 1 By using the strategic clock, Levis business environment is positioned to be in the fourth category which is the Differentiation. This is because; Levis offers a variety of products that have added value as well as a premium price slightly higher than the normal in order to satisfy the consumers needs. Levis products have Quality, Brand Image and Product Design and as a result creates Price premium, Customer Loyalty, giving the company a competitive advantage against its competitors. Due to Levis brand recognition and loyalty, its price offered is also slightly higher than its rivals therefore prevents itself from entering the price-based competition. As said in the case; Due to brand recognition and loyalty they did not enter into price based competition thus controlling reasonable price premium Levis also provides a wide range of products such as pants, shorts, skirts, jackets, and outwear. As said in the case; while blue jeans remain the companys mainstay, the San Francisco based company also sells pants made of corduroy, twill and various other fabrics as well as shorts, skirts, jackets, and outwear. With a premium price, along with its strong brand name, Levis has been able to position itself in the differentiation category, resulting into value-added products, hence gaining higher profit margins. 7.2 REFERENCE AND BIBLIOGRAPHY: Reference: Number Reference list Reference type 20 Feed the Interns A Daily Bite, Thursday, August 12th, 2010, Levis arent just for dads anymore?; Levis Logo [Image] http://feedtheinternsblog.blogspot.com/ Electronic Source Cover Page Image 21 Dagmar Recklies, April 2001, Literature by: David Faulkner and Cliff Bowman, The Management.de The Essence of Competitive Strategy, The Strategic Clock Strategies on the basis of price and value: Differentiation strategy. http://www.themanagement.de/ressources/Strategy%20Clock.htm Strategy Explorers, Bases of Competitive Advantage: The Strategy Clock http://www.strategyexplorers.com/whitepapers/Do-you-have-a-competitive-strategy.pdf Zanthus Corp. 2007; Business Strategy Bowman, C. and Faulkner, D.; Competitive and Corporate Strategy; Irwin; 1996 Bowman Strategy Clock http://www.zanthus.com/databank/strategy/business_strategy.php?aspr Greenwich University; Course Work: The Levis Personal Pair Proposal Case Study Scenario. Tutors notes on: VRIO Analysis Electronic Source- Article Electronic Source- PDF Doc Electronic Source- Article Article 22 Zanthus Corp. 2007; Business Strategy Bowman, C. and Faulkner, D.; Competitive and Corporate Strategy; Irwin; 1996 -Bowman Strategy Clock:[Image] http://www.zanthus.com/databank/strategy/business_strategy.php?aspr Electronic Source- Article Bibliography: http://www.google.com CASE STUDY 8- THE VIRGIN GROUP 22 8.1 Does the virgin Group, as a corporate parent, add value to its businesses? If so how? 23According to Johnson et al, Corporate parenting is the level of management above that of the business units, and therefore without direct interaction with buyers and competitors. (Johnson et al, 2009, p.172). Below are some of the areas through which the Virgin Group corporate parent adds value to its businesses. First the corporate parent has added value in establishing a strong brand name such as being a consumers champion through which barriers to entry could be overcome. Virgin is a reputed and well known brand in the market, thus enabling it to expand itself in static markets. In addition, the Virgin Group has a good resource management team. Branson together with his expertise and experienced team, review business proposals every week, out of which, appropriate prospects that match with the Virgin brand are then discussed. This enables Virgin to identify industries as well as institutionalized markets in which to enter. Moreover, the corporate parent assists in reducing organizational risks by entering into many joint ventures. Through these ventures Virgin, is able to penetrate new or untapped feasible markets allowing it attain low costs as well as expansion. Furthermore, Virgin Groups management style and leadership system is decentralized providing its managers with flexibility in decision making. Branson is mostly involved when it comes to marketing and promotion. In terms of innovation, the brand name itself tends to invite like minded partners to venture new m

Trip to Florida :: essays research papers

It's hard to decide which entertainment to see near Orlando, Florida first.Universal has a lot for kids, Spiderman, Cat in the Hat, Popeye water rides, some of the rides you can only go on with a child so this was the first time I got to ride them with my sister's kids. I guarantee you will want to come back. This was my first time at SeaWorld and it was a lot to see in 1 day, luckily we had the second day free to spend more time, and I still didn't see it all. It is good if kids like to see animals (like zoos and aquariums) and touch and feed them (dolphins and stingrays and sea lions) and watch shows. WDW is actually 4 parks and it is impossible to see in just 1 day. Magic Kingdom has the classic rides (Space Mountain, Haunted Mansion, Pirates of Carribean, etc) mostly slow (but sometimes dark & scary) for kids and adults. Epcot has different countries represented, but not many rides, except the new one "Mission Space" (more for adults); not as entertaining as MK. MGM has a good selection of rides for kids and shows and a couple adult rides (Rock-n-roll coaster, Tower of terror); my first time there was 2 years ago and it was fun but not as much fun as MK. Animal Kingdom is "nahtazu" (not a zoo) but had few rides for kids and adults (safari, dinosaur); it was as interesting as a zoo, but not as fun as MK. They also have water parks if you go in summer, and a racetrac/sports park, I've never been to yet. Obviously my favorite is Magic Kingdom. I definitely wouldn't go to Orlando without spending time at Universal/IOA too, I love Jurassic Park ride, and Back to the future ride, and ET ride, and new Mummy ride, and Men in black ride. (They're rides are related to movies or TV) I went to Busch Gardens years ago, but my sister said they improved it a lot. It's not just flowers and plants, it has lots for kids to ride too (more like fair rides).

Essay --

The five senses include sight, smell, touch, taste, and hearing. Sight is the power of seeing objects and people. To see we use our eyes, our eye is a sphere with a diameter of about 2.5 cm or 1 inch. Our eyes include the eyebrows, eyelids, conjunctiva, lacrimal apparatus, and extrinsic eye muscles. The eyelids are thin, skin covered folds supported by the connective tissue sheets called tarsal plates and are separated by the palpebral fissure and meet at medial and lateral angles of the eye. The eyelid muscle cause blinking every 3-7 seconds and when the objects get in your eye, the flexibility is activated to protect the eye. The eyelashes also protect the eye. Anything that touches the eyelashes is blown away because it will cause your eye to blink. The conjunctiva in our eyes is a mucous membrane; it helps to line the eyelids. The function of the conjunctiva is to produce a lubricating mucus that prevents the eyes from drying out. A conjunctival sac is where contact lens lies and occurs when the eyes are closed and a slit like space occurs. An inflammation of the conjunctiva is called conjunctivitis and happens when the eye get red and really irritated. The lacrimal apparatus in our eyes drains the lacrimal secretions into the nasal cavity. The lacrimal fluid in the eye cleans and protects eye as it moistens. The fluid contains mucous, antibodies, and lysosome. The extrinsic eye muscles originate and insert into outer surface of the eyeball. The extrinsic eye muscles allow the eye to follow a moving object and provide wires to maintain shape of eyeball and hold it in orbit. When movements of these muscles are not the same, a person cannot focus on images correctly and see two images instead. The eye is called an eyeball and ha... ...cines. They may also help you cope with it by teaching you how to cooperate with noise around you. When doctors check your ears that may find OME, it’s thin and watery. If fluid is still present after six weeks the treatment may include having more observations and having to take tests. For us to tell what foods and scents delight us, we use our sense of smell. Your sense of smell helps us to determine what we like to have to eat and wear on different types of occasions. Your sense of smell can also be used for other things like smelling nature around you and smelling the different kind of foods there are around the world. Smell has a chemoreceptor that respond to chemicals in an aqueous solution. Smell receptors are excited by the airborne chemicals that dissolve in fluids coating nasal membranes. The organ of smell is a yellow patch of pseudostratified epithelium.

one starfish :: essays research papers

All throughout my life, I’ve always regarded sports as one of the most important things in my life. They’ve always been there, to a point where I’ve taken my skills for granted. However, in light of a changing world, I have come to realize that taking anything, much less your gifts, for granted is a titanic error. The thing is in this world, you tend not to notice something, till its gone. I have learned that many times. I’ll use the example of my parents: Like most families, I grew up with both my parents there for me, and didn’t realize how lucky I was to have that, until two years ago, when my parents’ jobs caused them to separate, and ever since then even a dinner with both of them has become a rare occasion; one that I savor. Even when I am at home (wherever that is) I don’t see much of my family, with my sister being at college, and my mother’s and father’s jobs call upon them to work severe overtime. If there was one thing I could change about the world, I would make people do just that, appreciate what they have, and think, just give a thought about all the good things they have. Their various talents, to have your family with you, to have a shoulder to lean on, people that care about them, or just a place to be educated. It is a sad fact that to more then half of the people on earth, their next meal is uncertain; a place to call home may be nonexistent, people working on farms, selling themselves, finding anyway to get by, with their family and loved ones. Think about that, and do something to help out. Support a charity, send clothes or food to drives, or just pray. A small difference to one person goes a long way. Like in that Peace Corps commercial, where a young boy is walking down a beach, picking up starfish and throwing them back into the sea, so they don’t get washed up and die. His grandmother strides up to him and says â€Å"Oh Jimmie, there are so many miles of shore, and so many starfish. Do you really think you can make a difference?† Jimmie, keeping his eyes on the horizon picks up a starfish and throws it back in, and says softly, â€Å"I made a difference to that one. one starfish :: essays research papers All throughout my life, I’ve always regarded sports as one of the most important things in my life. They’ve always been there, to a point where I’ve taken my skills for granted. However, in light of a changing world, I have come to realize that taking anything, much less your gifts, for granted is a titanic error. The thing is in this world, you tend not to notice something, till its gone. I have learned that many times. I’ll use the example of my parents: Like most families, I grew up with both my parents there for me, and didn’t realize how lucky I was to have that, until two years ago, when my parents’ jobs caused them to separate, and ever since then even a dinner with both of them has become a rare occasion; one that I savor. Even when I am at home (wherever that is) I don’t see much of my family, with my sister being at college, and my mother’s and father’s jobs call upon them to work severe overtime. If there was one thing I could change about the world, I would make people do just that, appreciate what they have, and think, just give a thought about all the good things they have. Their various talents, to have your family with you, to have a shoulder to lean on, people that care about them, or just a place to be educated. It is a sad fact that to more then half of the people on earth, their next meal is uncertain; a place to call home may be nonexistent, people working on farms, selling themselves, finding anyway to get by, with their family and loved ones. Think about that, and do something to help out. Support a charity, send clothes or food to drives, or just pray. A small difference to one person goes a long way. Like in that Peace Corps commercial, where a young boy is walking down a beach, picking up starfish and throwing them back into the sea, so they don’t get washed up and die. His grandmother strides up to him and says â€Å"Oh Jimmie, there are so many miles of shore, and so many starfish. Do you really think you can make a difference?† Jimmie, keeping his eyes on the horizon picks up a starfish and throws it back in, and says softly, â€Å"I made a difference to that one.

Intolerance from The Crucible Essay

Ayn Rand once said â€Å"A single lie destroys a whole reputation of integrity. It means that a lie sadly has enough power to cause corruption in a society. It also suggests that a lie perhaps be strong enough to destroy even a high ranking person from a society. If you tolerate lies dominating people around you, you’ll eventually be a victim of them. Two literature works that explain this quote are Author Miller’s play, The Crucible, which takes place in a Puritan town named Salem in the state of Massachusetts during the year of 1692. The Crucible shows how intolerance corrupts the town. And Maurice Ogden’s Poem, â€Å"The Hangman,† which takes place in an unnamed town. â€Å"The Hangman† shows how the ignorance of the townsfolk gives a pathway to the Hangman which enabled to execute every single one of the townsfolk on his gallows-tree. Meanwhile intolerance also takes place in â€Å"The Hangman† which makes the Hangman has no mercy for people who questioning him. Both literatures works The Crucible and â€Å"The Hangman† have Intolerance as one of the main themes in common. Intolerance takes place in â€Å"The Hangman†. The Hangman gives the townsfolk a severe test, which is the hang trial and see how the townsfolk will address it. The Hangman nervously arrives in the reader’s unnamed town, and built his frame. The town folks are wondering who the criminal is and what the crimes are. On the very first day he hanged a man who came from another land. The townsfolk who gathered in the courthouse square, leaves without saying anything because they don’t care for the foreigner. The townsfolk believed that the frame would be gone by the next day, but it didn’t because they neglected the first hanging. Now the Hangman doesn’t even bother to do so, because the townsfolk showed him they don’t really care. For the reason of that, the townsfolk become such easy targets for the hangman, because of his intolerant attitude. And we wondered, whenever we had the time, Who the criminal, what the crime That the Hangman judged with the yellow twist of knotted hemp in his busy fist. And he stepped down, and laid his hand on a man who came from another land. And we breathed again, for another’s grief At the Hangman’s hand was our relief Maurice Ogden Later on The Hangman executed an infidel Jew, then a dark skin one, both lived in the town. The Hangman’s intolerant personality combined with the townsfolk ignorance lead the hangman to executing the townsfolk in a large amount, which happens clearly because of ignorance. Those who wander why were hanged. This causes the town’s residents to become fearful. Then more and more were hanging. Finally even the speaker of the poem was hanged because of his ignorant personality. This means anyone who neglect either a party or someone dominate them will eventually suffer of it. The presence of intolerance in â€Å"The Hangman† is something that the town’s resident should be motivated to take away from the Hangman, unfortunately they was unable to do that cause of their fears and the Hangman’s intolerant test. â€Å"Dead!† I answered, and amiably â€Å"Murdered,† the Hangman corrected me. â€Å"First the alien then the Jew. I did no more than you let me do.† Beneath the beam that blocked the sky none before stood so alone as I. The Hangman then strapped me†¦with no voice there to cry â€Å"Stay!† for me in the empty square. Maurice Ogden Intolerance takes place in The Crucible It all began with a Negro slave named Tituba, combined with a group of daft girls goes dancing in the forest. In a Puritan town, anything that’s look unfamiliar to the Bible consider as something against it. While dancing in the forest, the girls ironically caught, by the town’s minister, Reverend Parris. On the following morning both Parris’s and the Putnam’s daughter were unable to wake up. The Villagers gathers at the minister’s house and quickly witchcraft rumor invade the town. Abigail what was a part of the girls dancing and who is Parris’s niece, warns the others girls to not to admit what they were doing in the forest. She even menace them she could kill them if they do so. Parris is paranoid; he believes that his congregation should not lift a finger without his permission when church is in motion. He thinks of nothing to do but to put his slave under pressure, because he think that Totuba might do witchcraft on his daughter, Tituba says to Parris â€Å"My Betty be hearty soon.† (Miller 8) This quotation shows that Intolerance has taken place in The Crucible Because Parris is don’t want his daughter to die, questioning and punishing Tituba is a good way to be aware of what actually happened in the forest. Another way in which intolerance has taken place in The Crucible is when Tituba fearfully accuses several town folks of reading the devil book. Abigail joins her revealing that she has seen many women with the devil. Betty and the other girls joining them as well, and they start pointing their finger on people. Abigail says â€Å"I want to open myself. I want the light of God, I want the sweet love of Jesus! I kiss his hand. I saw Good with the Devil! I saw Goody Osborn with the devil! I saw Bishop with the Devil.† (Miller 48) This quotation tells that she is showing the villagers that she want to be a better Puritan, she want to show the authorities that she is not a witch indeed she is. All of her accusers were hanged by the end of the story, Except Sarah Good who confessed right away. The fact that they hanged the accusers shows zero tolerance for witchcraft, they hanged the accusers because a puritan society does not tolerate witchcraft and that morality is obviously tradi tional. Another way in which intolerance has taking place in The Crucible is when Abigail who had an affair with John Proctor profits the witch trial occasion to accuse John’s wife of witchcraft so she could win it all. When Elizabeth name had been called in court john reveal that He had an affair with Abigail to test John’s claim judge Danforth approached Elizabeth and ask her if Proctor had been unfaithful to her, she lies to Proctor’s honor and judge Danforth denounces Proctor as a liar. Abigail herself forced Proctor’s servant to accuse him of being a witch, and she who is already afraid of her does so. Proctor says to Mary Warren â€Å"Do that which is good and, no harm shall come to thee.†(Miller 95) This quotation shows how Proctor is praying his servant to tell the truth; although she has great conscious she doesn’t do so because she is afraid that Abigail can attack her in her sleep. Proctor is rages not only against the court but also her, and now proctor is arrested. This suggest intolerance because, if intolerance wasn’t present they would have listen to Proctor’s argument too which have great integrity in the town, but because of intolerance they’ll hang him as any other accusers if he do not confess of witchcraft. In brief, both the poem, and the play speaks of intolerance, although â€Å"The Hangman† is mostly based on ignorance. It’s clearly has shown by the beginning of the poem that the townsfolk shows that they would not tolerate the Hangman to kill anybody in the town, but furthermore they ignore the Hangman, which they shouldn’t do because the greatest ignorance is to reject something you don’t know. They play, The Crucible shows that Salem won’t corrupt if there was tolerance, unfortunately it does, and later on the Judges discovered that they weren’t doing the correct thing but it was way too late due to the number on people died.