Wednesday, August 26, 2020
A Research Proposal on the International Branding
First class marked items attempt to grab the eye of the general population by endeavoring to sell a fantasy, which is finished by endeavoring to recognize the most well-known inward wants of the focused on shopper advertise; when this is done, the brand attempts to enroll the administrations of an exceptionally appreciated or a profoundly disputable individual to add impact to the quality or idea being depicted by the brand.Hiring a big name is an endeavor that a realized style brand has each ability of doing. VIP underwriting of extravagance design is comprehended to be vital these days since when a big name is connected to a particular brand, the idea being made undertakings to have the endorsement of a symbol, henceforth making a picture that it is tasteful; and any shopper who will purchase that item will wind up being intently like that specific symbol or job model.The support of extravagance marks by symbols is without a doubt an ace in the hole which could be utilized, if the said resource is proficiently used the subsequent result quite often results to long haul benefits like brand faithfulness and brand value. This wonder would over the long haul produce a higher benefit and an expanded brand esteem (Ukonkwo, 2007).However, it ought to be recollected that whoever the big name endorser the decision of the purchaser concerning their choice to purchase or not to purchase product would all lay on the nature of the product being sold.If the product doesn't have whatever would support the underlying impression made by the VIP underwriting, similar to when the product has low quality or comes up short on the idea of validity then what might happen is that the customer base would no longer belittle the item. All together for a style brand to remain on top it must be in excess of an image of significance, it likewise must be incredible on the off chance that it is to withstand the hardened rivalry in the market.Statement of the ProblemFor the motivation behind this examination, the investigation means to answer this question:What are the universal marking methodologies of world class marked items in the United Kingdom?Definition of the Research QuestionElite creator brands are recognized by their special advancements which are quite often the first of its sort, their mastery, and their selective situation in the market. à Elite style brands, for example, Giorgio Armani, Gucci, and the preferences have a noteworthy piece of the pie because of their astute showcasing that permits them to introduce their product in an appealing ââ¬Å"must haveâ⬠commodity.To keep up the progression ofâ theirâ activities, well known attire brands will in general take care of the idea of ââ¬Å"customer focusâ⬠as opposed to focusing on the possibility of an immortal, spaceless and inwardly charged thoughts that fix implications to elusive individual properties like opportunity, love, or family in spite of the fact that these thoughts have in their own privilege an all inclusive usefulness; realized Fashion brands have the capacity to by one way or another guarantee the steadiness of ebb and flow design inclines by applying command over purchaser valuations.Research ObjectivesFor the motivation behind this examination, the exploration points to:To give a hypothetical establishment of universal marking. To give a hypothetical establishment of global marking methodologies of first class marked items. To recognize the universal marking methodologies of Giorgio Armani and Gucci. To give suggestions so as to improve the worldwide marking procedures of Giorgio Armani and Gucci. A Research Proposal on the International Branding World class marked items attempt to grab the eye of people in general by endeavoring to sell a fantasy, which is finished by endeavoring to observe the most widely recognized internal wants of the focused on purchaser advertise; when this is done, the brand attempts to enroll the administrations of a profoundly respected or an exceptionally disputable individual to add impact to the atmosphere or idea being depicted by the brand.Hiring a superstar is an endeavor that a realized style brand has each ability of doing. Big name underwriting of extravagance style is comprehended to be critical these days since when a big name is connected to a particular brand, the idea being made ventures to have the endorsement of a symbol, consequently making a picture that it is tasteful; and any buyer who will purchase that item will wind up being intently like that specific symbol or job model.The support of extravagance marks by symbols is without a doubt an ace in the hole which could be utilized , if the said resource is productively used the subsequent result quite often results to long haul benefits like brand devotion and brand value. This marvel would over the long haul produce a higher productivity and an expanded brand esteem (Ukonkwo, 2007).However, it ought to be recollected that whoever the big name endorser the decision of the shopper concerning their choice to purchase or not to purchase product would all lay on the nature of the product being sold.If the product doesn't have whatever would support the underlying impression made by the VIP underwriting, similar to when the product has low quality or comes up short on the idea of validity then what might happen is that the demographic would no longer disparage the product.In request for a style brand to remain on top it must be in excess of an image of enormity, it additionally must be incredible in the event that it is to withstand the solid rivalry in the market.Statement of the ProblemFor the motivation behind this exploration, the examination means to answer this question:What are the universal marking techniques of world class marked items in the United Kingdom?Definition of the Research QuestionElite architect brands are recognized by their one of a kind advancements which are quite often the first of its sort, their skill, and their elite situation in the market. à Elite design brands, for example, Giorgio Armani, Gucci, and the preferences have a noteworthy piece of the overall industry because of their astute promoting that permits them to introduce their product in an appealing ââ¬Å"must haveâ⬠commodity.To keep up the progression ofâ theirâ activities, acclaimed apparel brands will in general take care of the idea of ââ¬Å"customer focusâ⬠as opposed to focusing on the possibility of an immortal, spaceless and inwardly charged thoughts that fix implications to impalpable individual properties like opportunity, love, or family in spite of the fact that these thoug hts have in their own privilege a widespread usefulness; realized Fashion brands have the capacity to some way or another guarantee the dependability of current style inclines by applying authority over purchaser valuations.
Saturday, August 22, 2020
The Resiliency of African-American Families free essay sample
This paper analyzes the capacity of African-American families to show flexibility can be comprehended through a thought of their authentic conditions This paper analyzes African-American history and the qualities that this network has, regardless of their history of bondage, separation and neediness. It analyzes the communitys solid promise to instruction, a solid work direction, and awareness of other's expectations. This paper additionally incorporates an investigation of African-American versatility that was created by the creator so as to discover what afflictions African-Americans looked in the quest for their training. The consequences of this investigation were then broke down, and contrasted with the discoveries of earlier research done regarding the matter. The study included inquiries regarding age; encounters of prejudice, or separation; family structure during adolescence and who helped raise them; and persuading factor for remaining in school. From the paper: As slaves, dark kids were casually embraced and brought by others up in their quick network instead of family unit game plans. We will compose a custom article test on The Resiliency of African-American Families or on the other hand any comparative point explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page These more distant family plans are as yet a noticeable component of contemporary African-American families and might be viewed as a significant endurance apparatus. The most significant help gave by dark family relationship systems is backing to single parents, particularly youngster moms. Slopes explore has uncovered that kinfolk give a wide scope of help to youthful single parents, regularly empowering them to finish their instruction or to acquire a vocation. At last, the strict convictions and conduct are qualities that exist among African-American families. In his examination, Hill found that 82 percent of dark grown-ups said that religion was significant in their lives.
Sunday, August 16, 2020
Character analysis of Mrs. Wright Essay Sample
Character analysis of Mrs. Wright Essay Sample Character Analysis of Mrs. Wright in âTriflesâ by Susan Glaspell Susan Glaspell wrote about fifteen plays, more than half of which are one-act plays. Many of them are marked by mild irony, and sometimes painted in satirical tones, such as Trifles.â Without taking a politically declarative position, Susan Glaspell acts as an enlightened woman for whom injustice and violence are unacceptable, especially when they are based on prejudices of the male sex against women. Possessing a sense of character and dramatic situation, with which her best works are noted, she is able to convey the inner struggle of her characters and to introduce them into their complex world. Susan Glaspell deliberately turned away from the tempting feminine move, which seemed to float into the hands. The play is written from the feminine perspective or in other words from the position of feminism However, itâs not just the description that focuses on agitation and organization of mass actions, but the one that reveals the intolerance of the existing state of things in relations between men and women and so it requires changes. But in women who have made their way to the truth through the treacherous shell of things, the self-satisfied superiority is the least for Mrs. Wright. Her awakened heart continues to work, leading her to the consciousness of her own involvement in the tragedy (almost guilt), which might not have appeared. It made her to take at least a step towards over the crushed stubborn male will of the woman. The scene of two women is written with a striking skill for a drama beginner. Their brief, jerky cues, tearing voices draw live, voluminous strokes that convey a complex gamut of emotions. They are afraid to be heard. The inability to give vent to their feelings and the desire to find understanding and confidence in each other, to decide what the two of them have planned to do such as to remove the clues that are intelligible to the mans mind, thus deceiving the justice that for these honest and the pure soul of women is particularly difficult. Jury of her peers phrase expresses one of the principles underlying the jurisprudence of the United States. This principle gives the defendant the right to have his or her case heard by a jury that is recruited from the so-called peers. This word means being the same or equal. For example, this principle will allow the lawyer to demand, for example, there should be women in the jury and not only men. Thats only the speech in the story that is about the events that took place at the very beginning of the 20th century, when women did not have the right to sit in the jury. And Minnie Frazer, was arrested because of a suspicion of killing her husband. And she will be judged by twelve men. And yet, women are sometimes not as helpless as some men think. This is a story about women. About how to live alone in an empty house. And it seems like there is no one else besides her. But the husband comes home from work, and theres nothing to talk about with him. He simply does not understand and he never understood her. Mrs. Wright loved to sing, and she looked like a beautiful bird. She loved dressing up, she loved to live. Reading the play will evoke different emotions by the image of Mrs. Wright and it will remind of the times when women could only dream of the things that modern women can access nowadays.
Sunday, May 24, 2020
Personal Reflection On Teaching Experience - 906 Words
Reflection on Teaching Experience Our Final project for EDU 581- Clinical Teaching in Health professions was to build on our Educational experience in EDU 497- Teaching and Learning in Higher Education and Health professions in planning and implementing a lesson related to Health Professions Education. This lesson design and implementation was so important for me, because it was my first official lesson to teach. So, the guidelines given by the course instructors in the course modules helped me to design my comprehensive lesson plan beyond a novice expertise. I chose to deliver my lesson in our face-to-face meeting in May 2014. I decided to choose a topic of a common interest amongst different healthcare providers ââ¬Å"International Patient Safety Goalsâ⬠. The plan to my project included: knowing Audience, Learning goals/objectives, Needs assessment, and timed implementation scheme. Needs assessment Evidence that there is a need for such a lesson. The main phrase we know quoted from the Hippocratic Oath is ââ¬Å"First do not harmâ⬠. Patient safety as a new discipline of health care quality and management, emphasizes on the process of reporting, analyzing and preventing of Medical Errors that often lead to adverse health events. The WHO called patient safety an endemic concern, as 1of 10 patients around the world is impacted from errors. Also, IOM report (1999): ââ¬Å"To Err Is Human: building a safer health systemâ⬠â⬠¢ 98,000 patients die each year from preventable medical errors. â⬠¢Show MoreRelatedSocial Relationships Of A Teacher s Environment942 Words à |à 4 Pagescreated by the experiences that develop a teacherââ¬â¢s personal story. Therefore, we must pay close attention to the daily experiences that dictate our future if we are to gain true understanding of who we are (Clandinin, 2007). Understanding how teacher stories are established requires us to recognize that the process is constantly changing to meet the demands of the professional environment the teacher is exposed to. The teacher story will undergo many changes as new knowledge and experience is addedRead MoreReflective Practice in the Classroom1629 Words à |à 7 Pagesquestions such as, could I have done something to avoid it? These experiences usually make us grow and we learn from experience, and we will be better prepared to face the situation if it happened again. This introspection is generally called ââ¬Å"reflectionâ⬠, and all professionals have adopted it in order to improve their practice, but for educators reflection involves ââ¬Å"critical thinkingâ⬠about past experiences or current experiences that occur or are occurring in classroom settings and looking at themRead MoreThe Importance Of Critical Reflection On Teaching1270 Words à |à 6 PagesImportance of reflection: Reflection on practice has different meanings, in my view it means constructive criticism: being honest with myself, becoming aware of and understanding my own strengths, and being able to review activities and constantly test assumptions related to our work. These have been my approach to critical reflection throughout the year. This is supported by Brookfield, he says that Critically reflective teaching happens when we identify and scrutinise the assumptions that undergirdRead MoreThe Professional Development Of A Teacher1631 Words à |à 7 PagesAs an aspiring teacher I feel that it is extremely important to recognise that good teaching methods have a significant positive impact on how students lean. It is crucial to understand that a good teacher does not just simply require advanced skills and knowledge in their subject area but is essential that we are good role models to pupils, as well as promoting a good example of moral and ethical and positive attitudes. ââ¬Å"In addition to knowing what and knowing how, teachers must also be competentRead MoreThe Importance Of A New Piece Of Equipment Essay1559 Words à |à 7 PagesIntroduction Work may contribute to an educational outcome, such as a qualification or Statement of Attainment; leading to a job outcome. Learning how to use a new piece of equipment; and/or a personal result, such as extending an individualââ¬â¢s self-esteem (Innovation and Business Skills Australia 2012, p. 2). There is a growing interest among educators, employers and community leaders in implementing work-based learning into schools as a means of enriching the academic curriculum with in-demand careerRead MoreReflection Of My Own Personal Development1637 Words à |à 7 Pagesbeen established that reflection is a generic term for intellectual and effective activities, in which individuals examine their experiences, in order to develop new understanding and intrapersonal appreciation (Knowles, et al., 2006). Research in this field has advocated reflective practice as an approach to professional development which positively impacts coaching effectiveness (Cropley, et al., 2012). This reflect ive report shall discuss, analyse and evaluate my own personal development throughoutRead MoreWhat Effective Practice Really Means1690 Words à |à 7 PagesIn everyday life if we want to improve on something that we have done, we must be open to reflection, so that we can identify our strengths and weaknesses and find areas that can be improved on. As the GTCNI competence Framework states, ââ¬Å"Teachers should keep curricular, subject and pedagogical knowledge up-to-date through reflection, self-study and collaboration with colleagues.â⬠(Internet source 1) By taking this into consideration it is then evident that just like in everyday life, if teachersRead MoreReflecting practice is an important role within early years1700 Words à |à 7 Pagesconsidering areas for personal development.à Then I would like you to describe how you ensure personal attitudes or beliefs do not obstruct your quality of work.à Task Bà Reflecting on practice is an important role within early years.à Explain why reflecting on practice and work activities are important in order to develop knowledge skills and practice. Identify where you go for sources of support in your learning and development and describe the process for implementing a personal development planRead MoreReflection Of The Confucius A Chinese Philosopher s Saying Essay1604 Words à |à 7 Pagessaying: By three methods we may learn wisdom: first, by reflection, which is noblest; second, by imitation, which is easiest; and third by experience, which is the bitterest. Confucius (551 BC - 479 BC) Chinese Philosopher Definition of Reflective Practice: This practice is one of the oldest theory that experienced by ancient Greeks over 2500 years ago as a concept of intention in exploration of truth, and this old concept meaning of reflection features in many modern definitions. Donald Schon introducedRead MoreProfessional Development Of An Effective Teacher1432 Words à |à 6 Pagesrelevant literature, identify and explain four key aspects that are important for teacher development. Thinking about your own professional development, select your personal priority from these four aspects and provide justification for your choice. As an aspiring teacher I feel that it is extremely important to recognise that good teaching methods have a significant positive impact of how students lean. It is crucial understand that a good teacher does not just simply require advanced skills and knowledge
Wednesday, May 13, 2020
From the Great Wall to the Pyramids - 1154 Words
From the Great Wall to the Pyramids The Great Wall of China and the Egyptian Pyramids are both Manmade Wonders of the World and belong to two of the oldest civilizations. Ancient Egypt and ancient China both have history that date back over 4,000 years ago, and though the two civilizations co-existed simultaneously with one another, there were little contact between the two. Yet apart from some underlying differences, there are many similarities between the two cultures as is highlighted when examining the Analects and The Book of the Dead. On the surface, the social behavior and values emphasized in the Analects and The Book of the Dead resemble one another; however, upon closer examination it becomes apparent that the origin and purposeâ⬠¦show more contentâ⬠¦Thus, the values conveyed in the Book of the Dead, for motivational purposes for a ââ¬Å"goodâ⬠afterlife, mirror the ones found in the Analects, as the common Chinese civilization also take to heart said values for the benefit of society overall an d to improve their current circumstances. Therefore, although there is a difference in origin and intention abiding by such values, it is hard to avoid the fact that the common values and social rules revolving around both civilizationsââ¬â¢ societies closely resemble one another. Though the messages revealed in the two historical texts are similar, how the same objective is delivered differs, which in turn also affects the peopleââ¬â¢s lifestyle. The Book of the Dead provides of list of actions that must and must not be done, as it serves as a checklist of things the Egyptians must do before death such as, ââ¬Å"I have not caused pain, I have cause no man to hunger, I have made no one weep..â⬠(p.1). The Analects instead provides words of wisdom and guidance for the people when making the decision like, ââ¬Å"What you do not want done to yourself, do not to do othersâ⬠(p.1). This empowers the people to make the decision and to find what it right and wrong. Anothe r factor that further emphasis the difference in what motivates the people to conduct good behavior is education. Confucianism seeks to emphasize the importance of education and provide the genesis of the concept of morality. In other words, the priority and heavyShow MoreRelatedComparison between the Great Wall and Egyptian Pyramids1749 Words à |à 7 Pagesremained intact-the Great Pyramid of Giza in Egypt, which is also the oldest of the ancient wonders. On the west bank of the Nile River, there are three pyramid erected on a rocky plateau in Giza in the northern part of Egypt. These pyramids were named after these kings-Khufu, Khafre, and Menkaure-agree with the kings names, and one of the most famous pyramids is the pyramid of Khufu, also known as the Great Pyramid, because it is the largest of the three. The Great Pyramid was built for Khufu,Read MoreEssay about Egyptian Pyramids Architecture1270 Words à |à 6 Pages CONTENTS: - INTRODUCTION - BACKGROUND OF ANCIENT EGYPT PYRAMIDS - THE STEP PYRAMID of Pharaoh Djoser - THE GREAT PYRAMID of Pharaoh Khufu - CONCLUSION - BIBLIOGRAPHY FOOTNOTES This essay focuses on two different types of pyramids; the Step pyramid which was the first pyramid and the Great pyramid, which was the largest pyramid built in Egypt. The essay investigates the meaning of the selected forms for the Egyptian culture and explains their dialog with the cosmos. The architectureRead MoreThe Architecture of Ancient Egypt: The Great Pyramid Essay998 Words à |à 4 Pagestwo different types of pyramids; the Step pyramid which was the first pyramid and the Great pyramid, which was the largest pyramid built in Egypt. The essay investigates the meaning of the selected forms for the Egyptian culture and explains their dialog with the cosmos. The architecture of ancient Egypt is one of the most significant civilizations throughout history, which developed of different structures and great architectural monuments along the River Nile. The pyramids were built as a tombRead More Tombs And Temples Essay1401 Words à |à 6 Pagesof architecture in Egypt from ancient times. Many have been discovered, but there are still ones being discovered and excavated today. Pyramids, tombs, and temples are the main structures still standing that can be seen today. The first tombs of the pharaohs were large, unimpressive, bunker affairs called mastabas. A mastaba (Arabic for quot;benchquot;) is a low rectangular structure which was built over a shaft which descended to the burial location. They were made from sun dried mud bricks andRead MoreEssay about Ur and Djoser709 Words à |à 3 PagesZiggurat of Ur and Stepped Pyramid of Djoser: A Comparison Joseph Katz Art History 100-26 Dr. Karl F. Schuler 10/6/11 Title: Ziggurat of Ur Period: Neo-Sumerian Provenance: Ur, Iraq Date: 2150 BC The ââ¬Å"Ziggurat of Urâ⬠was built in 2150 BC by the Gutians. First, letââ¬â¢s discuss what exactly a ziggurat is. A ziggurat is a superstructure built on top and around a mountain. On the very top was a temple. Ziggurats were made out of only mud brick. One may ask, why use mud brick? Compared toRead MoreThe Mayan Civilization : An Advanced Society, Rich And Full Extraordinary Architecture1597 Words à |à 7 Pagesout of primarily limestone that still remains standing a thousand years after their civilization. Greatness and Magnificence was the signature of all Mayan cities, from their inception period and continued until the desertion of all the city states by the beginning of the ninth century. The Mayans built pyramids, temples, palaces, walls, residences and more. The limestone structures, faced with lime stucco, were the trademark of ancient Mayan architecture. Mayan buildings were often ornamented withRead MoreEssay Classic Mayan Architecture1687 Words à |à 7 Pagesrediscovered until the early 1500ââ¬â¢s, by Spanish settlers. Mayan architecture astounded the early conquistadors, and continues to be of great interest to modern archeologists as well. These scientists have labeled a certain period of Mayan architectural history as the ââ¬Å"Classicâ⬠period. This refers to a period when the Mayan civilization flourished, and extended from 300 to roughly 900 A.D (Miller 52). Because of our image of classical antiquity, the word ââ¬Å"Classicâ⬠implies the heights of cultured accomplishmentRead MoreThe Cryptic Secrets Of Egyptian Pyramids1719 Words à |à 7 PagesEgyptian Pyramids The pyramid-shaped masonry architectures are called Pyramids, and there are eighty of them known as ancient Egyptian Pyramids. The Egyptian Pyramids are the products of a slavery country, but they are also the great accomplishments of ancient people. Since the first discovery of the Egyptian Pyramids, many scientists have been dedicated in ancient Egypt study. After years of researching on the earliest Egyptian Pyramid, Pyramid of Djoser, and the most famous Egyptian Pyramid, PyramidRead MoreThe Old Kingdom : A Time Of Political And Social Stability969 Words à |à 4 Pagesdied, The Great Pyramids were designed to soar to heaven. It was built in the Fourth Dynasty of the Old Kingdom at Giza on the west bank of the Nile. ââ¬Å"There were three pyramids were built by the pharaohs CHEOPS, ca. 2530 B.C.E.; CHEFREN, ca. 2500 B.C.E.; and MYCERINUS, ca. 2470 B.C.E.â⬠Inscribed on the wall of later pyramids are descriptions of kings climbing the sides of the pyramids to join the sun god Ra, and the triangular shape may itself symbolize the falling rays of the sun. The Great PyramidsRead MoreKhufu And Mayan Architecture : The Great Pyramid Of Giza1310 Words à |à 6 PagesThe Great Pyramid of Giza was built for the Pharaoh Khufu who ruled Egypt from about 2547-2524 B.C. The pyramid was to be Khufuââ¬â¢s and his descendents tomb. Khufuââ¬â¢s brother, Hemienu, supervised the building of ââ¬Å"all construction projects of the kingâ⬠. Hemienuââ¬â¢s tomb is one of the largest in a cemetery right next to the pyramid. The Great Pyramid was built with about two million stone blocks that weighed an average of 2.5 tons. The Great Pyramid stood 481 feet tall and was the tallest structure
Wednesday, May 6, 2020
Individual Assignment Free Essays
Individual Assignment Topic: Apply your understandings of financial statements, working capital management, financial planning to identify, analyze, and propose solutions to the problems presented in ââ¬Å"Clarkson Lumber Companyâ⬠case. Requirements: * Answer all the guideline questions. Support your answer with necessary calculations, forecasts, analysisâ⬠¦ * Summarize the problems and propose solutions for ââ¬Å"Clarkson Lumber Companyâ⬠based on your answers and analysis of the guideline questions. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Assessments: * This is an individual assignment. Although you are encouraged to discuss the case with your lecturer and fellow students, you are required to write the report on your own. Any evidence of plagiarisms will result in a disqualification. * Your total score is 100 pts (answers to the guideline questions 60 pts, summary of the problems 10 pts, and proposed solution 30 pts) * Format: use Arial 11; 1. 15 line spacing. * Deadline: March 31st, 2013 Guideline questions: 1. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? (5 pts) 2. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated? (15 pts) 3. How attractive is it to take the trade discounts? (10 pts) 4. Do you agree with Mr. Clarksonââ¬â¢s estimate of the companyââ¬â¢s loan requirements? How much will he need to finance the expected expansion in sales to $5. 5 million in 1996 and to take all trade discounts? (15 pts) 5. As Mr. Clarksonââ¬â¢s financial adviser, would you urge him to go ahead with, or to reconsider, his anticipated expansion and his plans for additional debt financing? As the banker, would you approve Mr. Clarksonââ¬â¢s loan request, and if so, what conditions would you put on the loan? (15 pts) How to cite Individual Assignment, Papers Individual Assignment Free Essays Individual Assignment Topic: Apply your understandings of financial statements, working capital management, financial planning to identify, analyze, and propose solutions to the problems presented in ââ¬Å"Clarkson Lumber Companyâ⬠case. Requirements: * Answer all the guideline questions. Support your answer with necessary calculations, forecasts, analysisâ⬠¦ * Summarize the problems and propose solutions for ââ¬Å"Clarkson Lumber Companyâ⬠based on your answers and analysis of the guideline questions. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Assessments: * This is an individual assignment. Although you are encouraged to discuss the case with your lecturer and fellow students, you are required to write the report on your own. Any evidence of plagiarisms will result in a disqualification. * Your total score is 100 pts (answers to the guideline questions 60 pts, summary of the problems 10 pts, and proposed solution 30 pts) * Format: use Arial 11; 1. 15 line spacing. * Deadline: March 31st, 2013 Guideline questions: 1. Why has Clarkson Lumber borrowed increasing amounts despite its consistent profitability? (5 pts) 2. How has Mr. Clarkson met the financing needs of the company during the period 1993 through 1995? Has the financial strength of Clarkson Lumber improved or deteriorated? (15 pts) 3. How attractive is it to take the trade discounts? (10 pts) 4. Do you agree with Mr. Clarksonââ¬â¢s estimate of the companyââ¬â¢s loan requirements? How much will he need to finance the expected expansion in sales to $5. 5 million in 1996 and to take all trade discounts? (15 pts) 5. As Mr. Clarksonââ¬â¢s financial adviser, would you urge him to go ahead with, or to reconsider, his anticipated expansion and his plans for additional debt financing? As the banker, would you approve Mr. Clarksonââ¬â¢s loan request, and if so, what conditions would you put on the loan? (15 pts) How to cite Individual Assignment, Essay examples Individual Assignment Free Essays Also, we had reviewed the different data flow that would function and Improve the proper handling between Ordain and their plants, and which would ensure the best relationship between each department. It would Improve the communication In Ordain Manufacturing and, thus. Save time and money after it is finally implemented. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Security Controls Security and secure ways of doing business should always be an most level of concern in any project. Security Is primarily handled and managed by the operations group, which is the same staff that is responsible for operating in installing security intros and functions such as, Intrusion Protection Systems, Intrusion Detection Systems, firewalls, and recovery and routine backup operations. Yet, this system developers also share responsibility when it comes to security, especially when itââ¬â¢s inside the IT and information systems. The application architecture should be run on Linux/Null-based server or Windows 7 Server Edition. Any additional software or programs that would later be needed could be programmed in-house as a development project. Interfaces: ââ¬Å"Interface design is the process of defining how the system will interact with external entities, e. G. Customers, suppliers, other systemsâ⬠(Dennis, Wisdom, ; Roth, 2009). System interfaces require a high level of security because they are well capable of exchanging different information with other information systems. Password requirements can achieve a high level of security by themselves, and are considered secure methods to manage employee files, private and confident documents, or company tax records. Password requirements also help prevent internal security threats, like employees trying to access another employeeââ¬â¢s computer. Network: one recommendation this consultant has is incorporating a database that is accompanied and would be accessible only via a PLAN (Virtual Local Area Network). This allows a trusted employee to update, view, and modify if necessary some basic level information that would be subject to confirmation bias supervisor or other payroll clerk. Access such as this would definitely require the use of a password and surname for security methods. Also, methods of security that would be of a most level would be the three factor authentication method, which would be: surname with password and also a fingerprint scan. Also, the third-party organizations that handle Radianââ¬â¢s employeeââ¬â¢s benefits, like their workers compensation and health infinite, should be audited every year for the purpose of com edited this and accuracy, and this would also ensure the most correct processes within Ordain. Physical Data Flow Diagrams Implementation designs and decisions describe how an information system will work, and one has to know this before designing application logic of the information system. The physical data flow diagrams of this information would show all the details including, but not limited to, the data stores that refer to the database tables and the files, the human actions or programs that perform the processes, as well as he physical transfer media for those data flows. If one maintains a proper in clear implementation, it will always provide the services that you will expect with complete and accurate results. Ordain wants to resolve the additional issues regarding the implementation and processes of the final changes, as soon as possible. There will be a meeting next week to discuss this very issue, and this author will work as hard as possible to ensure that all this companies needs will be satisfied and met, and in secure and safe manner as well. Conclusion It has been shown, by the data flow diagrams as well as the basis of this report, that whatever issues had plagued the Human Resources Department, it can be fixed References Systems Analysis and Design, 4th Edition. How to cite Individual Assignment, Papers Individual assignment Free Essays This assignment is to be done individually. This means that you are required to answer the questions in the assignment on your own. The purpose of the assignment is to help you become more familiar with pricing options, using a specifically designed piece of software. We will write a custom essay sample on Individual assignment or any similar topic only for you Order Now The pricing of options is a very technical area, and most of us do not have the technical expertise to price options from first principals. Therefore in your working lives, if you do need to price options, then it will most likely be done for you via software. The software we will be using is called ââ¬ËDerivableââ¬â¢, which has been specifically developed for the Hull et al (2014) textbook. You can download the software from the Model unit site under the ââ¬ËAdditional Resourcesââ¬â¢ section. Software Installation Installation instructions for the Derivable software are quite straight forward. Please follow these simple steps. Step 1 . Go to the BIFF 5 Model site, under ââ¬ËAdditional Resourcesââ¬â¢ Section, click on the Derivable software and download the file ââ¬ËDerivable. Zipââ¬â¢. Step 2. Double-click on the Derivable. IP file to bring up the Winzip utility program. Step 3. In the Winzip utility program, on the ââ¬ËHomeââ¬â¢ tab, there should be a button labeled ââ¬ËI-click Unzipââ¬â¢. Press on the ââ¬ËI-click Unzipââ¬â¢ button. The compressed files directories and folders should then be extract. Once Winzip has completed the extraction, then close the Winzip program. Step 4. There should now be a folder in your directory named ââ¬ËDerivableââ¬â¢. Drill down through the Derivable folder until you come to the list of files; The only file you need to be concerned with for the Assignment is ââ¬ËJUDGE . XSLââ¬â¢. Step 5. Double-click on file ââ¬ËJUDGE . XSLââ¬â¢. This should bring up your Excel application aerogram with the JUDGE . XSL spreadsheet. If you look in the ââ¬Ëreadmes. Txtââ¬â¢ file that is located in the same directory as the JUDGE . XSL file, it will tell you the versions of the Excel program that Derivable will work with. If you are not using any of these versions of Excel then you will need to get access to one of them in order to do the assignment. Step 6. Once you have opened the ââ¬ËJUDGE . XSLââ¬â¢ program in Excel, that final step you need to perform is to ensure that Excel has ââ¬ËEnabled Macrosââ¬â¢. This will allow the Excel program to use the Visual Basic for Applications (ABA) code on which Derivable is eased. If you are using Excel 2010, the enable macros should appear as a ââ¬Ëstripââ¬â¢ across the top of your spreadsheet when you first enter the JUDGE . XSL program. You just need to press the enable button. If you a later version of Excel you will need to go to the macro security settings and enable the macros. Once you have enabled the macros, Derivable will be available for use. Step 7: Click on the Excel spreadsheet tab ââ¬ËEquity_FIX_landed_Futures_Optionsââ¬â¢. This is the only spreadsheet you will need to complete the assignment. Format of Assignment and submission requirements: The assignment consists of seven questions. You should attempt all questions. Responses to the questions should be presented according to the Q Manual. The Q Manual provides guidelines on the presentation of submitted materials. Submission of the assignment will require both an electronic submission AND a hard copy submission: The submission of an electronic copy can be done via Model (further technical details will be provided prior to the submission date. The submission of a physical hard copy will be done via a designated assignment box located in the 3rd Floor Foyer of Building H. Further details to be provided closer to the submission date. ) ASSIGNMENT QUESTIONS Please note: Most, but not all of the material needed to answer these questions will be covered in lectures. You are postgraduate students so it is expected that you will be able to seek out the mater ial necessary to complete the questions using your own initiative. All information is available within the textbook, even though it may not all be covered in lectures. IQ . Use Derivable to calculate the value of an American put option on a non- dividend-paying stock when the stock price is USED 30, the strike price is USED 32, the sis-free rate is 5%, the volatility is 30% and the time to maturity is 1. 5 years. (Choose ââ¬ËBinomial Americanââ¬â¢ for the option type and 50 time steps. ) (See Chapter 9 for supporting theory and materials) a) What is the optionââ¬â¢s intrinsic value? B) What is the optionââ¬â¢s time value? C) What would a time value of zero indicate? What is the value of an option with zero time value? ) Using a trial and error approach, calculate how low the stock price would have to be for the time value of the option to be zero. (use 50 and 500 time steps) Q. Consider an option on a stock when the stock price is $41, the strike price is $40, he risk-free rate is 6%, the volatility is 35% and the time to maturity is one year. Assume that a dividend of $0. 50 is expected after six months. (See Chapter 10 for a) Use Deri vable to value the option assuming it is a European call. B) Use Derivable to value the option assuming it is a European put. ) Verify that put-call parity holds. D) Explore, using Derivable, what happens to the price of the options as the time to maturity becomes very large. For this purpose, assume there are no dividends. Explain the results you get. Q. Suppose that the price of a non-dividend-paying stock is $32, its volatility is 30% ND the risk-free rate for all maturities is 5% per annum. Use Derivable to calculate the cost of setting up the following positions. In each case provide a table showing the relationship between profit and final stock price. Ignore the impact of discounting. Each table should have two columns, ââ¬ËStock Price Rangeââ¬â¢ and ââ¬ËProfitââ¬â¢ (See Chapter 11 for supporting theory and materials) a) a bull spread using European call options with strike prices of $25 and $30 and a maturity of six months b) a bear spread using European put options with strike prices of $25 and $30 and a ) a butterfly spread using European call options with strike prices of $25, $30 and $35 and a maturity of one year d) a butterfly spread using European put options with strike prices of $25, $30 and e) a straddle using options with a strike price of $30 and a six-month maturity f) a strangle using options with strike prices of $25 and $35 and a six-month maturity. Q. Consider a European call option on a non-dividend-paying stock where the stock price is ADD 40, the strike price is ADD 40, the risk-free rate is 4% per annum, the volatility is 30% per annum and the time to maturity is six months. See Chapter 12 for supporting theory and materials) a) C alculate , and for a two-step tree b) Value the option using a two-step tree. C) Verify that Derivable gives the same answer. D) Use Derivable to value the option with 5, 50, 100 and 500 time steps. Q. Consider an American call option when the stock price is $18, the exercise price is $20, the time to maturity is six months, the volatility is 30% per annum and the risk- free interest rate is 10% per annum. Two equal dividends of 40 cents are expected during the life of the option, with ex-dividend dates at the end of two months and five months. How to cite Individual assignment, Papers Individual Assignment Free Essays As stated earlier IM has been a significant tool in trading and commerce since the beginning of time. However what sets an organization apart is its ability to hangs data into information as efficiently and cost effectively as possible. Before we tackle this issue, defining data and information is important for the sake of understanding the context they will be used. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Data is defined by Oââ¬â¢Brien (2003) as raw material resources that are processed into finished information products. Information is data that has been converted into meaningful and useful context for specific end users (Oââ¬â¢Brien, 2003). Hence, it is safe to say that data becomes information when value is added to it either through organizing, analysis and evaluation and placed in the correct context or the end user. If this statement is true then we can deduce that the better the organization is at completing the above process, then the more effective it is, and if it can streamline this process enough to provide the end user with a service or product that they are willing to pay for, it will have increased its competitiveness (Gabon, 2008). For instance, a car manufacturer that assembles luxury cars wants to increase the effectiveness of their organizational system. They would start by looking at each component of the organization highlighting areas in which they can improve on quality, control and cost. In manufacturing they might want to introduce an Operating Support System (ASS) which is specific about the requirements at the plant to complete assembly of a car. The data inputted into the system requires that the inputted be specific about supplies, number of hours worked, number of people required to work on a particular car or day etc. The system will process and store the data for the next user, in a form that they will understand. Here the organization may look at the improvement of its networking system as access of the information is made easier and faster with the use of the intranet (Oââ¬â¢Brien, 2003). Other elements that will add value to this process, thereby giving context to the next user is the compilation of relatable data such as energy usage, space required, reputable suppliers, financing and human resources. These might be inputted by other systems within the organization such as the Supply Chain Management Systems (SCM), with the use of the extranet (Oââ¬â¢Brien, 2003). The data is then stored in the relevant database until it is required by the next user. A combination of the data can be transformed into information that is used in marketing of the cars manufactured, or can be used in the ordering and distribution of sources such as parts (doors, seats, trees) and land allocation or money for infrastructure development. This process of transformation can also be used as a control measure, when targets of the different organizational components are reviewed, or the quality or accuracy of the initial data may require verification and correction. Once the data has been transformed the information/ product can then be disseminated to the end user, in this example the car is sold to the customer. A Customer Relationship Management System (CRAMS) can collect data for feedback purposes or for customization of the car, depending on when the data is used. In essence a cycle is created and smooth flow of information from one component to the next increases the effectiveness and the competitiveness. These processes and systems aid in reduction in time wastage, an expensive commodity, where traditionally the organization might have had to compile the data physically, taken days to analyses it to find trends and pass it on to the different departments or components. In the process things might be delayed or incorrect, compilation could also involve travel costs in cases of the manufacturer having more than one assembly plant. The information from appliers would require making multiple phone calls for quotations or back and forts as prices are negotiated. All these are examples of costs that would be transferred to the customer. Quality of the information could be compromised depending on the control of data collection and transformation, leading to substandard parts being used resulting in a hazardous product that might not meet specifications, hence resulting in the product being described as a right-off or loss. The wrong customer information could lead to the wrong car being delivered to the wrong person, which could lead to customer dissatisfaction and inconveniences. Or storage of the information could lead to losses in customers, suppliers and credibility in the industry. As the organization implements the use of IS for information management it starts to optimize all its processes, thereby meeting Porters analysis of the value chain (Gabon, 2008) where streamlining input, processing and output leads to larger profit margins. Whilst at the same time satisfying Shihââ¬â¢s measure of organizational effectiveness. In conclusion, if an organization successfully integrates the use of information systems as a means of information management, the benefits are multiple and extensive if done correctly. Obviously, if the organization introduces information systems but does not train staff on how to use it, or does not implement control measures in the input of the data the information gathered will not only be inaccurate but will lead to misinformation leading to lack of optimization, therefore reducing effectiveness and competitiveness(Gigs). Hence, the organization has to be fully committed to the implementation of the information systems as a means of improving its methods of information management, otherwise it will fall short. Interaction between the different components of the organization (through intranet), as ell as with outside entities, such as suppliers (extranet) and customers/ end users (internet) needs to be as smooth as possible. Of course, there will be instances of downtime, however how these are dealt with also improves the overall effectiveness of the organization and can translate into an increase in competitiveness. References 1) Oââ¬â¢Brien, J. A. (2003) Introduction to Information Systems: Essentials of the E- business Enterprise. 1 lath Edition. International edition: McGraw-Hill Irwin. Boston 2) Gigs, W. (â⬠¦ ) Demand median effectiveness versus organizational efficiency. Http://smellinessââ¬â¢s. Churn. Com/organizatioorganizational Effectiveness Vs.. Organizational Efficiency 3) Gabon, M. (2008) Measuring company level competitiveness in Porterââ¬â¢s Diamond model framework. HTTPS://ideas. Repel. Org/h/peak/suffer/149-1 58. HTML b) Discuss various e-business strategies that can be implemented for competitive advantage. (25) Over the years due to stiffer competition, growing global markets and a rise in more tech savvy consumers, the e- business has had to restructure the way they conduct business. With more and more people having access to the internet, it has become advantageous for e-businesses to conduct business online, hence, the growth in numbers of -businesses. E-busines s has been described as conducting business via the internet. It is not limited to just buying and selling but also the servicing of customers and the collaboration with suppliers (Oââ¬â¢Brien, 2003). The demand for instant or efficient services, which are also affordable and custom-made, in some instances, has driven e-businesses to implement strategies that counter forces such as competition, customer bargaining supplier bargaining, threat of substitutes and the threat of new entrants (Oââ¬â¢Brien, 2003). It is through the implementation of effective strategies to curb or reduce these actors that the e-business can increase its competitive advantage. This assignment will debate various e-business strategies and will highlight how their implementation leads to competitive advantage. Before we look at the strategies that can be implemented and how, it is important to clarify what a strategy is. Strategy is an integrated and coordinated set of commitments and actions designed to exploit core competencies and gain competitive advantage (Belabored et al, 2011 Therefore e-business strategy would then be strategy as it applies to the e-business model. Another term that needs unpacking is competitive advantage as this will illuminate to what end the strategy is adopted. When the e-business implements a strategy that competitors are unable to duplicate or find too costly to imitate then it is said to have a competitive advantage (Belabored et al, 201 1). Hence, we can deduce that when online businesses adopt systems that streamline and enhance their operations and knowledge base with the result of creating a seen. ââ¬Ëice or product that is unique, in some way, gives that business an advantage. An effective way of e-business strategy implementation is through the adoption f a more strategic information management, in other words, information systems that allow the provision of a service or product that industry competitors cannot provide. When it comes to implementation of the strategic information management system in e-businesses, there are several points within the value chain where the strategy can be adopted so as to improve the end product/ seen,ââ¬â¢ice namely at Customer Relationship Management (CRM), Supply Chain Management (SCM), Enterprise Resource Management (ERM) (Oââ¬â¢Brien, 2003). Therefore, the focus is on the strategic adoption of cost leadership, alliances, innovations and differentiation of the ND product or service (Oââ¬â¢Brien, 2003) using information management systems. It is important to note that e-businesses are likely to use a combination of the strategies to gain competitive advantage; however, the examples below will try and place their implementation in isolation, in an attempt to illustrate how they work to increase competitive advantage. E- businesses are using strategic information systems at different organizational levels to improve the margins in their value chain (Oââ¬â¢Brien, 2003) as this enables them to deal with the ever changing markets, keeping them relevant ND competitive. For instance, Symbolizing, a locally based e-business that facilitates the purchase of groceries online and offers delivery to your doorstep, or nearest postal outlet in remote areas, has adopted an alliance strategy that enables the organization to service a niche market. The cost of delivering the groceries themselves would have been too high and would have resulted in an increase in the cost of service for the customer. However, through the strategic alliance with Compost, Symbolizing is able to offer the service to a wider range of clients as they can promise to deliver to almost nowhere countrywide as long as there is a post office. Through this alliance Zoning is able to continue doing business at a sign efficiently lower price, whilst at the same time offering a unique service to the Diaspora market that competitors are unable to duplicate. Another strategy an e-business could adopt to improve its strategic information system through innovation is by introducing a support system that plugs into the Customer Relationship Management system already in place. For example, if an e-business that offers security and tracking services for vehicles, also introduces a call centre agility, which the customer can access through the navigation system in the vehicle to ask for clearer navigation instructions or other services such as remote unlocking of the vehicle in the event that the owner has locked the keys in the car. This would give the business a competitive advantage as they have created a service that adds value to an existing one but is unique to them alone. In the same example if the navigation system or tracking system could inform the customer that it requires an update and when the customer makes a payment the system updates using hotshot access. The convenience f this ensures that the customer is locked-in, and will not look elsewhere for the same services. Strategic flexibility, which is capabilities used to respond to various demands and opportunities existing in a dynamic and uncertain competitive environment (Belabored et alarm 2011), improves e-business agility, which is its ability to post above average returns in an ever changing dynamic environment, due to quick responses to changes in the environment (Oââ¬â¢Brien, 2003), as shown by an e-business that ensures that continued research, learning and training improves its service offering such as hospital in India hat specializes in the performance Of hip and knee replacements and diagnoses and recruits their patients online through a series of consultations, which are free, resulted in their opening up their client base to include people from all over the world. They have a support system that follows up on patient care which assists in referrals, as patients share their experiences with others with similar ailments. The hospital no longer waits to patients to come to India, it has brought Indian state of the art healthcare to the global market online. Omen Inc. As illustrated by Cyprian (2003) adopted the growth strategy wrought the introduction of an online design room, which both designers and customers use to design, order and purchase customized faucets. The information system integrated the CRM and the SCM systems to produce a new product offering. They not only expanded their customer and supplier base they expanded their product lines. How to cite Individual Assignment, Papers Individual Assignment Free Essays Individual Assignment for BFC32202. This assignment reflect at Level C4 (refer RPP04) which required student to do an analysis to answer the question. You can refer to any reference such as text books, interviews, internet sources and other related technique to find the related and comprehensive solutions. We will write a custom essay sample on Individual Assignment or any similar topic only for you Order Now Write an assay with maximum 10 pages using Time New Roman, font size 12, 1. 5 spacing and complete with references. The submission of this individual assignment should be submitted before 26 April 2013 to my room (Blok Akademia 3, Ground Floor, Room 9). Your question number will refer to your sequence number in name list as per attached. This question only consist 15 questions so that the next circle of sequences will be started from person number 16, 31, 46 and so on. 1. Discuss the dilemma engineers face in balancing capital expenditure versus optimum design for efficient operations and maintenance, bearing in mind the impact of capital expenditure on the engineerââ¬â¢s fees. 2. Technological and economic efficiencies in providing service to the public are the expected benefits from the privatisation of public utilities companies in Malaysia. Discuss with examples whether the technological benefits of privatization have been achieved. 3. Are the present safety practices of your industry adequate? What steps do you consider should be taken by the industry to address the present situation? 4. The manifestation of professionalism among engineers occurs through their interactions with other segments of the society, which can be viewed essentially as an exercise in group dynamics. In this regard, the Institution of Engineers, Malaysia (IEM) is ideally constituted to serve this purpose. Discuss the various functions that can be provided by IEM in promoting professionalism. 5. In this technological age, the power of the engineers in shaping the society and environment in all pervading and can profoundly affect the lives of many members of the society. Enumerate, from your personal experience, how largely positive impacts have accrued from the contributions of engineers. 6. ââ¬Å"He shall not under any circumstances solicit advisory or consultative work, either directly or by an agent, nor hall he pay, by commission or otherwise any person who may introduce clients to himâ⬠. Discuss the ways in which an engineer, especially one that is a newcomer to the field, can project him/herself as a responsible professional to the society without being guilty of violating the above. 7. Engineers are often entrusted with the responsibility of implementing large-scale project involving millions of dollars. In view of the large amount of money changing hands, the integrity an d ethical standards of engineers are being put to test. What measures can an engineer take to prevent corruption an unethical practice of cutting corners in order to safeguard the good image of the engineering profession? 8. As an engineer responsible for the development of a new project, your first task according to the planning schedule is to clear the land and prepare the site for construction. To do so, you will need to clear vast stretches of land that will undoubtedly cause land erosion and subsequently contaminating of streams and rivers around the site. You are under tremendous pressure to finish the task as the job is already behind schedule. Given the constraints that you have with regards to deadline, limited technical solutions and the preservation of the environment, discuss the ethical considerations, which confront you under the circumstances. 9. In recent years, there is stronger awareness by the public at large for better quality works in a construction project. How can a professional engineer ensure better quality construction without conflicting with the profit objectives of both the owner and the contractor? 10. ââ¬ËConflict of professional interest frequently arises in the working environment of an engineerââ¬â¢. Discuss the statement and propose the appropriate solutions for overcoming the problem. 11. Recent years have seen increased national and international Protocols and Regulations and national Acts and Legislation on the control of many forms of pollution. Discus the needs and consequences of observing these regulations with special reference to the particular industry you are involved in. 12. ââ¬Å"In todayââ¬â¢s dynamic marketplace, many organisations/industries are initiating cost reduction measures to remain competitiveâ⬠. Discuss the contradictory demand of cost reduction programmes and the need to invest to enhance the standards of Health, Safety and Environment (HSE) in the industry. Is it possible to be cost-effective yet meeting the ever-increasing HSE requirements? 13. Engineers are increasingly playing a significant role in the nationââ¬â¢s fast pace development. Please suggest how engineers can make greater contributions with awareness in safety, health and environment and how engineers can keep abreast with the development of technology without confining to oneââ¬â¢s specific roles or disciplines. 4. In a turnkey project, the turnkey contractor requested you as a consultant to put up irregular (i. e. non-conforming to current engineering practice) proposals to maximize profits from the project. Discuss the key points that you must address so as not to compromise on your professional ethics. 15. With the rapid development in IT, would virtual Laboratories be a good substitute for real one s in engineering? Elaborate on the merits and demerits of the issue. How to cite Individual Assignment, Papers
Monday, May 4, 2020
Renaissance Rebirth of Humanism Essay Example For Students
Renaissance: Rebirth of Humanism Essay What was reborn during the Renaissance? The Renaissance is known as a rebirth of classical ideas and in all actuality, a celebration or rebirth of humanism. The middle ages had lasted for over a thousand years. It was during this time Christianity was spread. Christianity, along with the Germanic culture of the tribes who invaded the Roman Empire, changed Europe forever. The Christian Church had a major influence in the everyday activities of everyone at that time. By 1500 people began to shine away preoccupation with the church. Instead, they focused more on the classical ideas that came before the onset f Christianity influence. This is how the Renaissance started. The word renaissance literally means a rebirth or revival in French. This period was labeled The Renaissance because it was a rebirth of the ideas of ancient Greece and Rome. The humanistic ideas that were lost during the middle ages had in fact been reborn. The Renaissance was not Just the renewed interest in the ideas of that time, but also renewed interest in classical art and architecture. The Renaissance and the Classical era of Greece and Rome are similar in many ways. This can be seen through the importance put on man, instead of the importance of God as seen through the middle ages. The church had helped create a caste system that was in place during the middle ages. Before the Renaissance, there were primarily three different social levels; the nobility, the churchmen, and the peasants. By not putting as much emphasis on the church, the caste system began to dissolve. This was a major reason why merchants, artist, scholars, and scientist like Leonardo Dad Vinci began to appear. The people of the renaissance essentially looked to ancient Greece and Rome for inspiration. This is why they are so similar.
Saturday, March 28, 2020
Adult Entertainment And First Ammendment Rights Essays -
Adult Entertainment And First Ammendment Rights The essence of the American dream stems from freedom. Before this nation was even called the United States of America, religious separatists ventured across the Atlantic Ocean so that they would be free to practice a religion that was not controlled by the state. Today, we find ourselves in a constant battle with ethics, morals and values in the United States. Seeing that we are a nation that is culturally diverse myriad of cultures and religions has been mixed together and the final outcome is the society that we live in today. A serious conflict between the morally correct and the ethically deficient is the topic of sex and sexuality. Most of the arguments against adult entertainment stem from the belief that it is morally wrong. Maybe in another country where a certain distinct religion was the foundation of our beliefs I would be less likely to fight these ideas. However in the United States the mixture of different cultures, belief systems, and constitutional rights allows me to think that people should be allowed to chose what they want to believe. Recently, Orange County Sheriffs in Central Florida raided and now are threatening to shut down Rachels Mens Club. Of course the reason behind the closing down of the club has substantial legal grounds. The only reasons this club should be shut down are because of the sale of drugs on the premises and illegal sexual conduct occurring with the dancers. Unfortunately, business such as Rachels are at a disadvantage because of the type of services they are providing to the public. It is hard to believe someone that you know is involved with something that isnt the easiest service to explain to your children. On the other hand, it isnt fair for the owners of these establishments to make a good living because they are constantly fighting against the onslaught of protesters that believe that this type of service and activity is immoral and that it should not take place anywhere. These people have the absolute right, based on the first amendment, to voice their opinions without question, but to place a person at a disadvantage because they own a certain type of business is against the foundations on which our nation was established. Current laws in Seminole and Orange counties prohibit adult entertainment establishments from being located within one mile of any residential area. Further, recent changes in county codes have limited full nudity in Seminole County. Having instituted this law prior to the foundation of an adult entertainment facility in the county it is fair to say that any business man would have equal opportunity to commercial property that is within the boundaries that the law requires. Unfortunately to better suit the growing nature of society residential areas expand quickly and sometimes without regard to these businesses that were founded legally. Should these business be forced to move because the residence moved closer to them or should the residences have foreseen this matter before it occurred? In New York City, Mayor Rudolph Guliani believed that since citizens moved into the area and the business were creating a public nuisance they should be shut down. In 1998, the adult entertainment facilities of Times Square, New York were forced to shut their doors. Instead of silhouettes of women lighting up the night sky, the famous Mickey Mouse silhouette would gleam across the horizon. Should Americans be forced to live by the same kind of morals and ethics deemed politically correct by the government? Is the Disney Corporation the standard the way that everyone should live their lives? In 1993, Disneys Buena Vista Studios produced The Program. The movie deals with issues that effect the lives of many young Americans such as sex, sports, social life, alcohol, and peer pressure. One scene in particular came under great scrutiny and when the film was released on VHS it was removed from the film. The scene involves several of the main characters that decided that they would lie in the middle of a busy road as part of a dare. Ultimately, this scene led to teenagers reenacting the scene which could have gotten them in a tragic accident. I
Saturday, March 7, 2020
Staff Planning and Recruitment â⬠Business Research Paper (300 level Course)
Staff Planning and Recruitment ââ¬â Business Research Paper (300 level Course) Free Online Research Papers Staff Planning and Recruitment Business Research Paper (300 Level Course) Every company evolves from where it once started. Change is an inevitable aspect of all organizations. Well-structured corporations anticipate and include changes in their forecast. Companies must prepare themselves for industry trends, increase in demands and turnover. SMC is a company that manufactures ergonomic office equipment in need of organizational restructuring in order to meet an increase in demand. Our main areas of concern will be the manufacturing, operations and customer service areas that will receiving restructuring. Due to the fact that the demografic around SMC is 90% caucasion, the company will address affirmative action issues and set goals within the company to fulfill requirements. In addition, SMC will use new recruitment methods such as cross-training, job shadowing and electronic recruitment in the companyââ¬â¢s local intranet. These changes in leadership and recruitment should position SMC to be able to handle and maintain high levels of demand. Due to a 100% increase on production demand, SMC will implement a staffing plan to accommodate the increase in supply and demand and successfully deliver products to its client base. The main departments affected in the staffing plan are Manufacturing, Operations, and Customer Service. Analysis of labor supply and demand found corporate changes will be needed, which include, but not limited to, creating new positions, upsizing production staff and offering internal promotions to the current staff. These changes are necessary for SMC to meet the current demand and prepare for future growth. Upon evaluating the workforce utilization of the exiting labor force, SMC HR found the company does not comply with affirmative action requirements. SMC HR will set goals and timelines for meeting compliance and bring the company out from underutilization. HR will use employment agencies that provide a diverse employee pool in which to choice their talent. The current need for upsizing will be an opportunity to hire from a broader labor pool and bring in more diversity; this will assist in growing a healthy company. SMC HR determined in order to make the current demand successful the Manufacturing Department will require two full time supervisors, one for the day shift and one for the evening shift, along with six Team Leaders. Customer Service will require an additional two employees to help field calls due to the increase in customer base. With new leadership and approximately 30 new line employees, the companyââ¬â¢s employee appearance will change dramatically. The Manufa cturing Department will require the creation of further Team Leader positions. The Team Leaders will handle training the temporary production workers, setting schedules to assure production goals and deliverables are on schedule. The ratio of Team Leader to line worker will be 15 to 1. Two Supervisors will now lead manufacturing to support the increase in employees. These changes will position the company for future expansion over the next year, which the HR forecast predicts. Another change the HR department is initating is for the first time in company history, employees will be cross trained in multiple work centers in the plant. The changes will increase the companyââ¬â¢s recourses and make SMC prepared for unexpected situations which may arise that affect deadlines. In addition, these changes give the existing SMC staff an opportunity for advancement and job growth. Promoting from within makes the company a more desirable place to work and the company will most likely retain its experienced employees. Offering job advancement saves the company time and money; both commodities the company cannot afford to lose with the current expansion. This overhaul in organizational structure also builds morale with the current staff and makes them more willing to train and work with the new employees. Hiring temporary staff will be an important piece in the HR plan. Since hiring new employees is timely and expensive, it will benefit the company to pull from a temporary pool. After an evaluation of the temporary staffââ¬â¢s job performance, the top performers will position themselves for permanent positions with SMC. The temporary pool will be a good resource to pull skillful talent into the company after they have worked for 90 days as contract employees. The plan will evaluate trends that will continue in the future and accordingly hire permanent employees in the short term. Upon forecasting the demand for labor through trend analysis, the company can meet the increase in production goals by offering overtime to current employees. Overtime will reduce the number of new hires and training time. Historically the current staff has shown great interest in overtime pay and performed exceptionally well. Leading indicators also predict the company will need to increase current staff by 50% in all departments over the next year to accommodate future growth. Determining labor supply reflects the current labor force. Since the company has minimal turnover and does not anticipate downsizing. With the necessary leadership in place, the company will reach the goals and not lose quality or customer service. At SMC, the increase in demand for our ergonomic office equipment requires management to come up with an employee recruitment strategy that focuses on quickly providing qualified staffing solutions. The SMCââ¬â¢s human resources (HR) consultant, who collaborates with the management staff, will follow a formal employment process that provides procedures for posting, advertising, interviewing, selecting, hiring and orienting the new employee. The HR consultantââ¬â¢s role in recruitment is crucial because the individual serves as a strategic business partner to senior management. HR also provides guidance in determining the most effective and efficient recruitment and retention strategies, as well as other facets of personnel-related matters. Because of SMCââ¬â¢s diversity challenges, HR will focus on attracting a more diverse work force for the upcoming staffing build up. The types of positions for which SMC will focus for this recruitment are in the areas of customer service, operations, and manufacturing. Although the minimum education requirement for each position is a high school diploma or a graduation equivalency diploma, HR will attempt to target applicants who have minimal technology experience for the customer service and operations positions. Customer service and operation will make up a small percentage of new employees while the manufacturing department demands a higher number of employees because its primary function is a direct correlation of product output. SMCââ¬â¢s HR department will consider all pertinent facts while staffing for this increase in demand. SMCââ¬â¢s employment advertising sources and budget will rely on several variables. Position level, work requirements, and current job market issues such as the employment rate for the identified positions, and local or regional industry standards for pay and compensations for comparable positions are examples of these variables. SMCââ¬â¢s HR department will consider these and many other issues while determining salary and wages for each new position. When recruiting externally, SMC will rely mostly on traditional means of advertising job opportunities by utilizing the local newspapers classified ads section and temporary staffing solutions to fill the manufacturing positions. SMC will also target the staffing agencies that have a high minority population as it seeks to diversify its staff. For customer service and operations, SMC will use a technological approach by recruiting on job posting web sites to attract employees who are a bit more technology focused. Electronic recru iting is a method identified by Noe, Hollenbeck, Gerhart and Wright (2004). SMC will also conduct a series of job fairs to get a quick start on recruiting. Local television and radio stations will serve as the source for notifying the public about the job fairââ¬â¢s dates and times. Using radio stations that cater to minority communities is another way SMC focuses on improving its workforce diversity. For internal recruiting, employees are encouraged to utilize the internal job posting procedure to pursue further career advancement and career change opportunities within SMC. SMCââ¬â¢s HR will post new job openings daily on the companyââ¬â¢s intranet site and on the job posting board located just outside the HR office. The postings on the intranet site are a cost effective tool to help with the increase in demand for staffing. Qualified applicants are subject to internal review of employee records before conducting formal interviews. Internal applicants that receive poor performance evaluations and have a negative employee history do not qualify for interview status. In conclusion, SMC will increase the demand of output needs by 100%. SMC will implement an organizational restructuring in order to meet the increase in customer demand. The following departments manufacturing, operations, and customer service will be restructured to benefit SMCââ¬â¢s employee efficiency and effectiveness. SMC will increase staff by 50% in all departments over the next year to accommodate future growth. SMC staffing plan will accommodate the necessary staff for the needed departments by implementing an organization chart for each department. The Staffing plan will consist of cross-training, hiring second shift manager, and reorganizing employees to team leads for leadership. The Staffing plan will create opportunities for consciousness employees to grow within the organization. SMC will announce the need for new hires through the companyââ¬â¢s Intranet, Temp Agency, Radio Station, Newspaper and Job Fairs as recruiting strategies. SMC recruitment strategies wi ll focus on diverse work-force group and applicants that have technical background for the manufacturing department. Research Papers on Staff Planning and Recruitment - Business Research Paper (300 level Course)Moral and Ethical Issues in Hiring New EmployeesRiordan Manufacturing Production PlanAnalysis of Ebay Expanding into AsiaThe Project Managment Office SystemBionic Assembly System: A New Concept of SelfTwilight of the UAWOpen Architechture a white paperMarketing of Lifeboy Soap A Unilever ProductResearch Process Part OnePETSTEL analysis of India
Wednesday, February 19, 2020
Information Systems Assignment Example | Topics and Well Written Essays - 750 words
Information Systems - Assignment Example In terms of the rest of the physical health, most of the tasks in offices and professional places are subject to computer use; therefore long durations in front of computer screens have been termed unsafe for health because it minimizes the physical labor to a great extent. The negative impact on environment is in terms of the electronic waste. Which contains all kinds of material, some of them are hazardous in nature as well. Power consumption is another factor termed as negative towards the environment (Neumann). The difference between the two types of I.S.Ps is the coverage provided and their capacities. The regional I.S.Ps are associated with usually a small scale area, and provide services in limited area, while National I.S.Ps as the name implies, provides services in metropolitans and facilities more number of customers. E-learning involves the use of various tools in form of softwares and applications that enable enhancing the communication. Web based trainings are usually used for the purpose of distant training to provide computer based trainings. Web based trainings utilize the feature of multimedia for fulfilling the purpose. Cache memory is part of the Ram memory, however the computer microprocessor or a general micro controller approaches it first than the Ram memory. Cache memory is usually very small in size. The cache memory is often segregated into levels namely L1 (level 1) and L2 (level 2). L2 is termed as cache of L1 cache, while L1 itself is directly accessed by the RAM (Clarke and Tetz). Memory cards are quite widely used and preferred because they are portable and attachable to almost every digital device. Within size of few inches, they allow capacity of couple of gigabytes within themselves, without the need of attaching it to any internal device or inside of the C.P.U. 5 types of memory cards are as follows: The purpose and advantage of automatic update is that usually the customers
Tuesday, February 4, 2020
Political Economy of the European Union Essay Example | Topics and Well Written Essays - 2000 words - 1
Political Economy of the European Union - Essay Example states, assuring theà ââ¬Ëfreedom of movement of people, goods, services and capitalââ¬â¢.à It preserves a common trade policy,à agricultural andà fisheriesà policies,à and a regional development policy.à Fifteen member states have implemented a common currency, theà euro. It has build up a role inà foreign policy, and represents its members in theà World Trade Organization, atà G8à summits and at theà United Nations. Twenty-one EU nations are part ofà NATO. It has also taken up a responsibility in justice and home affairs, which includes the elimination of passport control between many member nations under theà Schengen Agreement. (Alan, 2007) The EU functions through a hybrid mechanism ofà intergovernmentalismà andà supranationalism. In particular areas it relies on agreement among the member states. However, it also possesses supranational bodies, thus is competent to make judgments without agreement between each and every national governments. Among the prominent institutions and bodies of the EU are theà European Commission, theà European Parliament, theà Council of the European Union, theà European Council, theà European Court of Justice,à and theà European Central Bank. In every five years, the Parliament is elected by the EU citizens. Origins of the EU go back to the formation of theà European Coal and Steel Community,à formed among six countries in 1951 and theà Treaty of Romeà in 1957. Thereafter the EU has expanded in size via accession of new associate states, and in authority by adding new policy areas to its remit. (Richard, 2006) Subsequent to theà Second World War, efforts made towards European integration were viewed as a get away approach from the intense forms of nationalism, which had ravaged the continent.à Theà formation of the European Coal and Steel Community was among one such attempt to bring together Europeans. While having the unassuming aim of federal control of the formerly national coal and steel industries of its member nations, it
Monday, January 27, 2020
MOS Burger Franchise Expansion Strategy
MOS Burger Franchise Expansion Strategy 1.0 INTRODUCTION MOS Burger is a famous fast-food service in Japan that founded in 1971 by Mr. Satoshi Sakurada. The name of MOS comes from the words Mountain, Ocean, and Sun and each of this word have its own meaning. Mountain stands for dignified and noble, Ocean stands for wide and vast while Sun represents vibrant and life-giving (MOS Food Singapore, 2012). It is now the second largest fast-food service in Japan after McDonald and MOS outlets had successfully expanded into overseas markets such as Taiwan, Singapore, China, and so on. The company differentiate itself from competitors by apply cook to order concept (MOS Burger Website, 2012). The foods will be cooked only after the customers order to ensure the freshness of the foods. MOSs burgers used rice bun and many other Japanese sauces like teriyaki sauce that cover up on the burgers to shows its uniqueness which emphasized on providing a healthy, delicious and clean food. Moreover, the company also served variety of unique and original MOS Burger as well as using transnational strategies when going global because they keep standardized the recipe and the business system while localized some of the product to fit with local taste and preference. The corporate motto To make people happy through food was an important driver for the company to produce fresh, delicious, and quality burgers to their customers (MOS Burger Website, 2012). The passionate commitment of the company make it successful possible and to ensure a continuous survival in this competitive market. MOS Burger has successfully expanded its business globally and currently there are 28 outlets in Singapore, 223outlets in Taiwan, 16 in Hong Kong, 7 in Thailand, 2 in Indonesia, 18 in China, 2 in Korea and 5 in Australia (MOS Burger Website, 2012). The 1412 outlets in Japan have almost reached the limit for the company to expand, therefore the company hope to accelerate its expansion with a vision from MOS of Japan to MOS of Asia and finally MOS of the World. The company planned to expand their business and choose to enter those markets that they have not enter yet such as Malaysia, Canada, Western countries and so on in the future (MOS Food Singapore, 2012). The entry mode used by MOS Burger to enter the oversea market normally lies on joint venture and franchise system. The company form joint venture with the local company as expansion strategy into overseas market (MOS Burger Website, 2012). MOS Burger headquarter will assigned a personnel to discuss about the development and joint effort with the local company to ensure that they can enter into the new market successfully which is totally differences in terms of the ways of doing business, culture issues and other issues. MOS Burger also use franchise as one of the entry mode strategies but it is not easy to obtain a franchise license from MOS Burger because it needs to fulfill the requirements set by the company. The potential franchisee need to know well about the companys philosophy that created by Mr. Sakurada because he wish to partner with those who cares on nature; and also a group of people who can contribute to the creation of happiness both for people and society (MOS Burger Website, 2012). However, the company will only seek for the countries or regional franchisees. As conclusion, the company is preferred to use a master franchise system to enter the new markets instead of a normal franchise system. 2.0 CURRENT EXPANSION STRATEGY MOS Burger starts to expand their business since year 2001 and the first overseas outlet is established at Taiwan. MOS burger has work attentively to expand their business and successfully opened 265 stores across seven regions in year 2011. (MOS report, 2011). 2.1 Joint Venture Joint venture is an entry mode by establishing a firm that is jointly owned by two or more otherwise independent firms (Charles and William, 2011). MOS Burger decided to use joint venture as one of the entry modes to enter other regions because it able to control over the business and at the same time it also can deeply understand that particular regions culture and lifestyle. In expansion into each region, MOS Burger only will establish a joint venture agreement with those companies that stressing on good human relationship even it is able to pursue profit (MOS Burger Website, 2012). MOS Burger will carefully in evaluate and select their joint venture companies in order to ensure their business performance to achieve satisfaction result. Those companies that qualified to pursue a joint venture agreement with MOS Burger must going through few processes start from submission of proposal, presentation, interview and they must able to cooperate in the development of MOS Burger in that particular region (MOS Burger Website, 2012). This strategy have been used very successfully in Taiwan by established a joint venture with TECO Group in year 1990. After 22 years, there are 223 stores was opened in Taiwan (MOS Burger Website, 2012). The successful expansion of MOS burger in Taiwan is because they expert in training their employees who able to understand the basic philosophy of MOS burger which is safe and secure. (Kouhei, Hideaki, Tsukasa, Shigeharu, 2010) In Indonesia, MOS Burger established a joint venture, Pt Mog Indonesia in year 2008 and they start the first outlet in Plaza Sendayan located at South Jakarta (Plaza Indonesia Shopping Centre, 2009). Moreover, MOS FOOD SERVICES Inc. has joint venture with Media Will Holding Co. Ltd, a Korean company that involved in broad spectrum of activities including printing, distribution and restaurant management to open a new South-Korea outlet in March 2012 (MOS Report, 2011). Joint venture is important for MOS Burger and successfully using by MOS to expand their business to overseas regions including Taiwan, Hong Kong, Singapore and others. MOS burger decided using joint venture because they found that the natural barrier in developing the business opportunities overseas. Those natural barriers mainly refer to each regions language and culture differs from each other (MOS report, 2011). The successful of this strategy can be seen in Taiwan which consist the highest number of outlets among the foreign markets. It was so success because the joint venture company TECO group fully understand their own region and succeed in training the employees who can speak Chinese well and at the same time they able to understand the basic philosophy that developed by MOS burger. (Kouhei, Hideaki, Tsukasa, Shigeharu, 2010) However, joint venture still has its own limitations which are MOS burger unable fully control over their own business and conflict may arise when there is different point of views. (Charles and William, 2011) 2.2 Franchising Other than joint venture, franchising is another entry strategy that used by MOS Burger as it falls under fast food industry. According to Charles and William (2011), franchising considered as a specialized form of licensing in which franchiser sell the intangible property to the franchisee and insists on rules to do the business. MOS burger expands their business and increase the number of outlet out of their home country by seeking large franchisees instead of seeking the small scale or individual capacity (MOS Burger Website, 2012). Within every single region, those individual franchisees will be managed by the joint venture company together with MOS Burger to make sure all franchisees perform according to the established business practice and ensure the quality control in term of food as well as their customer service. Similar to joint venture, the franchise agreement will be signed after gone through several processes which are propose, present, interview, environment analysis and then only come with the agreement. MOS burger will only engage in partnership with those franchisees that sympathy to their idea included do work that will be appreciated by customers, getting personal satisfaction when customer satisfy with them and must have the full heart motivation to operate the franchise business. (MOS Burger Website, 2012) Today, MOS burger has become the second largest franchise in Japan after McDonald. (Phillip, 2012). This franchise system has been applied in different Asia region including Singapore, Hong Kong, Taiwan, Thailand and others. MOS Burger use franchise system able to generate fixed income by collecting royal fees from the franchisees. However, increasing number of franchise granted by MOS Burger will result in a stronger competition among all the MOS Burgers franchise business within a particular region. In Taiwan, MOS Burger consist of 223 outlets and each outlet is compete together in order to achieve the highest profit for each other. Strong competition between the franchisees will decrease the overall profit that can generate by MOS Burger and this becomes the limitation of this strategy. There are many success franchises from MOS Burger in different regions; however there is a failure case that found in Hawaii, United State. In the late of 1980s, MOS Burger was enter to Hawaii but the business is fail due to the high rents, inventory problem and inconsistent food quality (Andrew and Kulwant, 2005). 2.3 Wholly Owned Outlet In planning to expand their business out from then Asia, there is a wholly owned outlet which opens in Australia in April 2011. Michelle (2012) reported that Shinji Yamaguchi who is the head of international operation of MOS burger said they enter Australia because it closes to Asia and there are a lot of Asian people which have similar culture (Michelle, 2012). Besides, Australia outlet also is a test run of their business practice for MOS burger before their plan of entering Western countries. Yamaguchi said MOS burger now is still unclear to use franchising strategy or wholly own business by them in the following year to expand the business. 3.0 FUTURE EXPANSION STRATEGY Success only belongs to those who are well in prepared. An organization or company want to achieve a continuous successful, a well planning future strategies is a crucial. In order to achieve the goal from MOS of Japan to MOS of the World, MOS Burger has been involved in expansion of the business in Asia and even plan to enter Europe market in the future. Once the MOS Burger decides to enter a foreign market, it must implement some of the entry mode strategies which are suitable for future expansion. As a fast food company, it is popular for using franchising or joint venture as a strategy for international expansion. However, increases in competition during international expansion, MOS Burger also need to consider some other strategies for future expansion and stand out from competitors. 3.1 Export Canada MOS Burger is recommended invest into new product line besides from joint venture and franchising. MOS Burger should use this well established brand name to come out some snack food and using exporting strategies in future as well. This practice found in success case of Old Town White Coffee which expand their business by come out own brand of package instant coffee besides from set up the food stores. MOS Food services, Inc has experience in collaboration with other companies and come out product such as MOS Baked Choco Caramel Corn and flight meals such as Air MOS Burger (MOS report, 2011). Moreover, it also collaborates with Kit Kat in Japan and come out rich white chocolate within limited time period. These indicate there is a possibility of MOS Burger to implement this strategy. MOS Burger is suggested export snack food such as Japanese Dorayaki, dessert like Hokkaido milk ice, pudding and sells their uncooked Hokkaido Croquette at the hypermarket in foreign countries. As mention above, MOS Burger is planning expand to Canada, so exporting strategy may adopted to expand their business as it is a low risk strategy. Besides, exporting strategies provide opportunities for MOS Burger to learn and understand more about the overseas markets in term of culture, politic, economic, preference before invest in bricks and mortar store (FAO Corporate Document Repository, 1997). Canada will be the first Europe country suggested for MOS Burger to adopt export strategy for snack foods because according to National Eating Trends (NET), snacking is the fastest growing circumstance in Canada and snacking consists of more than 24% of all meal eaten in 2009 compared to 2000 with 22 % (Demontis, 2010). Using export strategy can be a stage to adopt franchise in Canada for MOS Burger. Export snack foods able to create Canadas consumers awareness, interest and familiarity toward this brand. Moreover, MOS Burger also can increase their understanding toward Canadian consumer behavior and preference. When MOS Burger achieve favorable result in Canada by using export, they can be easier to planning the adoption of master franchise system in Canada in the following year (MOS Food Singapore, 2012). Canada is a viable market due to growing in Canadian prefers Asian fast food with a growth rate of 9% (Ryomoto, 2009).Moreover, Ryomoto (2009) said that, changing in the consumer trend toward convenient, safety and quality foods also increase the feasibility for MOS Burger fast food franchise in Canada. Canada also can become platform for MOS Burger to expand into other western countries. 3.2 Partnership Malaysia Simultaneously, another entry strategy that recommended for MOS Burger is partnership. Partnership is one of the entry modes which two or more parties contribute their resources such as money, property, talent, knowledge and etc to share in the profit and losses of the business (Gerald Kathleen, 2005). Partnership can bring several benefits. First and foremost is capital acquisition. The fund is rising easily if there have several partners because they can easily contribute more funds rather than a single entity. Second is share responsibility. Different partners will have different abilities and skills. Rather than assign the task equally, partnership allow all the parties responsible the task they are excel in. Malaysia is the suggested country that to adopt this entry strategy. In order to avoid the fierce competition in fast food industry throughout Malaysia, MOS Burger will be suggested to start and growth-up their business at the location along with the South-North Expressway, Malaysia. These locations suggested as it can mainly target the travelers who use the expressway and lack of fast food outlets along the highway. MOS Burger can partner with the petrol station such as Petronas, Shell or etc. This proposed entry mode is derived from other fast food firm such as Pizza Hut and Taco Bell. The Pizza Hut and Taco Bell have created a strong partnership and this is a successful cooperation (Co-branding examples, 2012). According to Onakayo (2003) the managing director of Mobil Oil, Mobil petrol station has a fast food court called On The Run and it provide family or friends to enjoy in a comfort and quality place. Besides, Dr. Paa (2003) said that partnership of fast food with petrol station provide benefits to customers, share holders as well as the overall economy of a cities or places. Besides, the practice of this strategy can benefits those long journey travelers who use the South-North Expressway especially those from Singapore to North areas need to pump in the petrol and take a rest during their journey or half way. Dr Paa (2003) also said that this practice can commend as a tourism attraction because it able to serve the travelers need who moving around and between cities. Once this partnership has been implementing, after the traveler pump in the petrol they can take a rest while will enjoy their meal just beside the petrol station only. This will open-up a new opportunity for the MOS Burger while also will attract the traveler for particular petrol station to fill up fuel and rest. This will create a win-win situation. 3.3 Backward Integration New Zealand Last but not least, MOS Burger can adopt backward integration which is taking the role of their suppliers. Backward integration allow MOS Burger to gain some benefits such as to ensure the source of quality of the raw material at a competitive prices, have full control to the cost and able to supply the expanding market either locally and abroad (Poultry Integration, 2012). This practice has been used by KFC Holding (KFCH) as they have invested into different activities that assist their core business (Poultry Integration, 2012). To implement backward integration, MOS Burgers is recommended to to own a breeder farm and hatchery, feed mills, animal farm, broiler farming or further processing plants through acquisition. Acquisition refers to acquiring others businesses through occupying certain amount of share or assets (Tan, 2009). Acquisition strategy able to provide the benefits of speed, decrease in risks, avoids strong competition, overcome entry barrier and others (Business manag ement strategy, 2010). Acquisition is worth to be practice as it allows the company to access a wider customer base and increase their market share. The most appropriate country for MOS Burger to adopt backward integration. Dairy Group (2012) said that New Zealand is the country which holds 35% of dairy products in the world market. The dairy industry in New Zealand is famous and distinctive in term of its high quality and flavorful products. Besides, according to the statistic New Zealand (2011), milk powder, butter and cheese are the top one as well as meat and edible offal as the top two commodities that exported by New Zealand. In order to hold the strong position in the world market, New Zealand is very straight in protecting their grass-fed heard through bio-security policies and using bio-nutrients to feed the cow (Investment now, 2012). As conclusion, the high effort of New Zealand to ensure the quality of their dairy products provide a great opportunity to MOS Burger to implement the backward integration as they can fully control the quality of the dairy products that may used as one or more raw materials for MOS Burger in the fast food industry. Conclusion In conclusion, the study has identified the entry modes and also the expansion strategies that adopted by MOS Burger to enter foreign markets. There are also some future expansion strategies proposed for the company which are applicable and implementable as some of the real cases discussed have shown a good example. The entry modes that currently used by the company for expansions are mainly fall on franchise and joint venture. The company will choose a suitable franchisees or partners that know well and align to the MOS Burgers philosophy to cooperate. This is to make sureÃâà that the risks of enter into a different market for doing business can be reduce and to maintain a substantial control over the quality of the food. Moreover, choosing the right partners is to ensure that the commitment of the company can be transmit to those who like to eat MOSs burger. Besides that, MOS Burger can expand their business using other entry modes as well in the future to compete with their rivals in foreign markets. Exporting is another alternative for MOS as it is the easiest way for the company to enter the new markets and reach the customers easily. The company is suggest to export their product in term of snack form by using the well established brand name MOS Burger to enter the Canadian market which has a high consumption of snack food. Meanwhile, the partnership entry mode can be adopted as well in Malaysia by cooperating with local well known company for example Petronas. MOS can partner with the petrol station distributor to build their outlets beside or near the petrol station along the South- North Highway in Malaysia to gain benefit while the travelers take their rest or refill petrol at the petrol station on the highway. Next, the company can also use the backward integration strategy to gain some advantages on the cost of material and als o to strengthen the supply chain system of the company which need not depends much on the main suppliers anymore. This can be done probably in New Zealand by acquiring a piece of land and breed their own poultry that needed for making the burgers. Finally, MOS Burger is a company that has a potential to expand and grow globally. Thus, it need to be managed by a talented and committed management team and also maintain a good cooperation with his partners and franchisees.
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