Japanese Management free essay sample

Basic correlation of 1973 1983 books on British Japanese administration ways of thinking rehearses. English Factory-Japanese Factory by Robert Dore Under Japanese Management by M. White M. Trevor. Despite the fact that most of enormous organizations wish to hold lifetime work there are numerous pundits of the framework, who contend that it is excessively unbending in todays dynamic commercial center. Hirakubo, (1999) contends that for organizations to endure it is fundamental that they are increasingly adaptable and less bound to the conventional Japanese administration style of lifetime work. He contends that if Japan can't build up a progressively liquid activity showcase and adaptable administration style, firms will keep on anguish. Nikkeiren additionally remarks that the unbending techniques for business generally utilized in Japan, for example lifetime work can't react to the financial changes occurring. He contends that increasingly unique and versatile structures ought to be set up to permit adaptable reactions to the changing monetary and business conditions.

Admin Assistants Develop your phone skills for the office

Administrator Assistants Develop your telephone aptitudes for the workplace You may think having an incredible telephone way is an obsolete relic-all things considered, wont everybody simply email on the off chance that they need something? Not really if youre in an administrator or client assistance field, chatting on the telephone may at present be a piece of your ordinary reality. Also, regardless of whether youre not, a decent telephone way never becomes unfashionable and can add a facade of demonstrable skill to your picture in whatever activity you do.Here are a couple of tips on the best way to be a manager at keeping an eye on ye olde telephone.Have a formal greeting.Unless you know it’s your collaborator Bob, or your life partner, or your supervisor getting back to you back in the wake of getting detached, concoct an expert method to answer calls. Be amiable and useful: â€Å"Good morning/evening/evening. [Name of Company.] [Your name] talking .† If you’re serving in an administrator limit, you can include something along the li nes of â€Å"How may I direct your call?† It might appear to be senseless, however it assists with thinking about a couple of varieties and give them a shot uproarious to pick the one that comes most naturally.Only answer if youre prepared to talk.That implies noting immediately (not making somebody hang tight for 14 rings), yet in addition making a point not to reply in the event that you have your mouth brimming with espresso or lunch or if there’s a major disturbance going on at your work area. On the off chance that somebody is calling you they need to you to hear what they need to state and react with clarity.Take magnificent messages.If you’re picking up the telephone for something beyond yourself, ensure you take great messages. Work out with your supervisor the specific data you ought to get from each and every individual who calls. Never be too bashful to even think about asking for spelling explanation on a name or email address, or return telephone nu mber information.Leave superb messages.If you hit a replying mail, talk gradually and obviously. Give your name and contact information toward the start and again toward the end so the individual writing down your subtleties won’t need to tune in to the entire thing again to get your number in the event that they missed it toward the start. Be brief, however don’t forget about any significant or pertinent subtleties, for example, the explanation behind your call. Spell things you think may be jumbled, particularly by terrible cell reception.Charm and disarm.Anger and disappointment can amplify via telephone, particularly when you cannot toss a compassionate outward appearance the method of somebody causing a ruckus. On the off chance that youre in a situation to manage troublesome or insulted customers or clients, youll need to assuage with your words. Above all else, let the individual know youre tuning in (I hear how vexed you are and I get why.). At that point, let the person in question realize you will attempt to get to the foundation of the issue and fix it. Yelling back and getting short or abrupt won't resist will generally just incense the guest more. The vast majority simply need to be heard.Use names.Whenever conceivable, toss for the sake of the individual you are addressing. Tending to somebody along these lines causes an expert discussion to feel increasingly close to home and less remote. You don’t need to feel far off in light of the fact that you’re not in the room together. Furthermore, this goes the two different ways make a point to consistently recognize yourself at an opportune time with your own full name!Be genuine and kind.Having a decent telephone way doesn’t mean being a fake. Of course, you ought to be lively, articulate unmistakably, and talk articulately, yet don’t put on a persona that isn’t anything like your actual self. Be simply the best and most brilliant expert variant of you rself while being as certifiable and as straightforward as possible. People can hear a great deal of non-verbal communication through the telephone, and grinning is the most clear approach to impart energy.

Enjoying the Hobby of Collecting Machineguns Essay

Getting a charge out of the Hobby of Collecting Machineguns - Essay Example The automatic rifle has had a checkered history and was imagined in the mid nineteenth century by Dr. Richard Jordon Gatling, whose weapon came to be known as the Gatling firearm. He protected his creation in 1861. The Gatling weapon was the main quick discharging firearm and can be properly called the predecessor of the cutting edge automatic rifle. Dr Gatling said â€Å" it happened to me that on the off chance that I could design a machine-a weapon which could by its speed of shoot, empower , one man to carry out as much fight obligation as a hundred, that it would to a huge degree supplant the need of huge armed forces and thusly , presentation to fight and illness would be enormously decreased.†2 Individuals have been gathering weapons everywhere throughout the world for a considerable length of time. It is similar to individuals gathering blades. Be that as it may, presently another side interest has risen of gathering automatic weapons. In many nations on the planet, possessing an automatic weapon is illicit, yet in the United States 34 conditions of the association, it is legitimate for residents to claim and fire with assault rifles. On the off chance that you wish to begin a side interest as an automatic weapon gatherer than please guarantee that the state you dwell permits you to possess an assault rifle the same number of states like Delaware, Hawaii, Iowa, Illinois, Kansas, New York, Rhode Island, South Carolina, Washington State and the locale of Columbia, have an all out restriction on exclusive automatic rifles. Anyway in spite of the over a fourth of a million Americans own automatic weapons. The National Firearms Act 1934 is the nodal demonstration that administers assortment of Machine Guns for any reason or as a side interest. Prior to 1934, there was no bar on claiming automatic weapons, however the NFA went in 1934 made it obligatory to enroll the weapon with the Bureau of Alcohol, Tobacco and Fire arms (BATF)3.. Automatic weapons all things considered have never been utilized in a wrongdoing as the method for possessing an assault rifle is tough. It must be noticed that automatic rifles can't be bought over the counter and a protracted period from 60to180

Business Plan Almar Construction-Free-Samples-Myassignmenthelp

Question: Build up a Business Plan for a Medium measured Construction Company. Answer: Presentation The development business contributes widely to the financial and in general development of the nation. This incorporates common, mining and building that improves the expectation for everyday comforts of the nation. Because of expanding request of development and improvement inside nations, the development business is additionally prospering. In this way, the associations in the development area have colossal possibilities for expanding their business and client base by snatching the up and coming chances. This report comprises of building up a marketable strategy for a medium estimated development organization named Almar Construction, in Adelaide, Australia. The report comprises of a short foundation of the association, the items, and administrations offered by the association alongside investigating the present market of the development business and open doors for Almar Construction. Foundation of Almar Construction Company Almar development is a little to medium estimated development association set up in 2006 in Adelaide. The association has some expertise in common, mining, gas and working in the development business (Almar Construction, 2017). The association comprises of experienced and qualified personals that have helped in the development of the association since its foundation. The association additionally gives arrangements as far as site the executives and oversight. The association underscores on guaranteeing consumer loyalty through the administration gave them. Reports recommend the present business of the association is working reasonably, as Almar development experiences difficulties in working the business. Presently, Adelaide has seen expanding development in the development business because of development and advancement of the nation. Accordingly, the ascent in the opposition in the development business has hampered the business for Almar development. The present difficulties looked by the association in the business are assembling enough development ventures, offering their built properties to the clients and capacity to contend and support in the serious market (Zuo et al. 2012). Portraying items and administrations offered by Almar Construction Almar development is an association having some expertise in structural designing, structures, gas and mining in the development business. The association offers a scope of items and administrations for the development and advancement of Adelaide and the individuals. As referenced by Zhang et al. (2013), it is fundamental for the development associations to guarantee wellbeing in their business. In this way, Alma development needs to guarantee security for the clients of their development business. The administrations gave by Alma development incorporate private structures, interstates, and roadways. Alma development has progressing private undertakings alongside ventures in gas and mining industry. As referenced by Abdullah, Sidek and Adnan (2012), associations need to choose their client base as per the spending plan of their venture. This aides in drawing in the potential client base and making benefits. The association utilized division, focusing on and situating so as to choose the client base. The center acquiring individuals are the potential client base of the Almar development. The association is directly underscoring on private activities for the individuals. Close by, the development organization is additionally associated with ventures identified with air terminals and expressways. In any case, ongoing reports recommend that the items and administrations of the organization are doing reasonably. The association is confronting issues in pulling in the potential clients because of expanded rivalry. The business and the operational methodologies of Almar development are neglecting to pull in the potential clients. This may be a direct result of the cost of the structures, wellbeing, and area of the activities. The contenders of Almar development are subsequently, exploiting the escape clauses in the business procedure of the organization and pulling in the client base of the association. Examining the present market of development segment As referenced by Abdul-Rahman et al. (2012), the present development showcase is becoming so as to adapt up to the expanding request of development and improvement for the nation. In any case, as contended by Balaban (2012), notwithstanding development in the market, the development segment is getting immersed. In Adelaide, the quantity of medium estimated development associations are developing and offering comparable item and administrations. Therefore, the clients can't choose the best alternative. In spite of the fact that the opposition in the development division is reasonable however amplifying the client base and benefit for every association are getting troublesome. This is on the grounds that; the vast majority of the development associations are offering comparable items and administrations with a slight contrast in costs for the clients. As per Cecchetti and Kharroubi (2015), as of late, individuals with least capital are building up new beginning business in the developm ent business. Thus, the business sectors are getting new players at normal interim subsequently, making the development advertise progressively immersed. Be that as it may, the market is advancing because of expanded interest for development and improvement in Adelaide. The development associations are building private tasks in different areas in Adelaide so as to improve the way of life for the individuals. Assessment of the Competitive Performance of Almar Construction: The Construction Company Almar Construction and Co. bargains in development and establishment of pipelines, underground administrations and pits, unearthings and mining camps. Be that as it may, the organization is a little scope business however its primary point is to give high fulfillment to its customer by giving and conveying the works securely, inside cutoff time, keeping up a compelling spending plan and nature of the work. The administrations gave by the organization takes it to a place of upper hand (Zhou, Goh and Li 2015). The upper hands of the organization are as per the following: The supervisory group of the organization is profoundly experienced and emphatically persuaded towards authoritative objectives. The organization is spread everywhere throughout the topographical areas inside Australia and centers to build up its business outside the Australia. This wide geographic and operational base has taken the organization to a serious position. The organization has a built up standard of security for its representatives and has encouraged its workers with professional preparing programs. The organization has accomplished staffs of expert designing and quality affirmation. The organization has great connection with the Unions. The organization has a decent client base with altruism and notoriety. The organization has gone along to severe legitimate guidelines identifying with condition and other important enlistments under different institutions The organization has new and refreshed apparatuses for playing out the activities well. SWOT Analysis: Quality: A development organization may have distinctive quality accessible. The organization has its quality in conveying the undertakings times and proficiently. The organization has a decent notoriety in the market for taking care of tasks which includes colossal speculations. The organization has a broadened information and asset in the business. Shortcoming: The companys shortcoming relies upon its zones of rehearsing. The organization bargains in business just inside Australia and hence passes up on the chance to show case the assets of the organization in the universal markets as is eminent just inside Australia. Openings: The organization is engaged with development work of different businesses which is included bit of leeway and leaves the organization in an upper hand among all other comparable organizations inside Australia (Votano and Sunindijo 2014). The organization has exceeded expectations itself in changes development works considering from development in mining to oil and gas pipelines. Dangers: The organization is helpless against dangers and different new organizations are entering the market with enormous scope venture. The organizations that as of now exist in the market are additionally a danger to the organization as they have aggregated a detailed progressively capital for the improvement of the business. In addition, digitalization of hardware and development types of gear has prompted danger to this little scope development business in Australia. Future patterns of the Almar Construction Company: The development business in Australia is declining so as the Almar development organization having a declining period of its beneficial business. The fundamental purpose behind this declining in the market fof the development business in Australia is the maturing workforce. The workforce of Australia is maturing step by step which offers ascend to genuine wellbeing suggestions and along these lines the organization needs to endure an immense sum for it laborers wellbeing and security. Also, maturing populace offers ascend to declining underway limit of the organization. Besides, quick improvement of new innovations in the development part has driven the organization to have a stale rate f creation every year, which shows that the future pattern of the organization is poor (Harris and McCaffer 2013). Make back the initial investment purpose of the organization: The organization is in a position where it neither creation a misfortune nor a benefit, so to accept a breakeven purpose of the organization to realize what is the current budgetary pattern of the organization we may figure the accompanying: We are mulling over the accompanying perspectives to compute the breakeven purpose of the Almar Construction Company (Ellegaard and Koch 2014). Deal Price = $40 Variable Cost = $ 15 In this way, Contribution Margin = Sales Price Variable Cost = $40 - $ 15 = $ 25 In this way, Break-even Point = Fixed Cost/Contribution Margin Where, Fixed Cost = $ 38,000 (Approx) Also, Contribution Margin = $ 25 In this way, the Breakeven point = 1520 units Z score of the Company: Information Monetary RATIO 2015 2016 2017 X

Caring for our elders longer at home Research Paper

Thinking about our older folks longer at home - Research Paper Example In the 21st century, where each individual is carrying on with a bustling life plan, thinking about older folks has come out as a capable occupation to oversee. The duty is brought onto the consideration offices, which attempt to bring powerful and proficient consideration for older folks present at home. There are various difficulties, which care offices face during sorting out consideration for older folks. The most conspicuous test for them is the multi-culture, which segregates race, social class, culture and ethnicity of the older folks during the administration (Watson, 2011). This paper understanding the issues of care suppliers is breaking down the instance of an organization, which gives locally established consideration administration to seniors. The goal here is to comprehend the philosophy of the organization (the senior caring office), its vision and strategic serve older folks of society. The point here is to comprehend and assess the status of the organization as far as the models and systems of senior consideration introduced in the writing. There are a few organizations in Georgia State, which are arranged to give viable consideration to older folks at home. Georgia Living At Home (GLAH) is one of those fruitful organizations, which give a wide range of non-clinical consideration administrations to older folks. The office is fruitful in giving full friendship and backing to older folks present at homes. The administrations of GLAH incorporate supper readiness, transportation, drug updates, and full consideration help to older folks. The office gives in home administrations to seniors, which is for solace and simplicity of the older folks. GLAH gazes upward onto completely coordinate with the clients’ families and their choices. The organization coordinates and aides families to bring care they wanted for their older folks. This is the means by which GLAH keeps a particular position and regard in the Georgia elders’ network (Haeg, 2013). Jean Watson (an acclaimed American Nursing Professor) first proposed the hypothesis of human mindful. This hypothesis expresses that mindful procedure includes diverse compulsory and good

My Guilty Pleasure

My Guilty Pleasure When I was a freshman, like many before me and many since, I lived in a quad in Baker House. Four women, one big room, and all the fun and excitement that went along with it. That also meant that on occasion it was nice to find another place to study. My favorite option was the room of an upperclassmen down the hall who liked to study in one of the libraries. The caveat to using his room was that I had to answer the phone and take messages, so that year I became the voice of IM Hockey. Every time the phone rang I used my best telephone voice, promising dutifully that JT would get back to them with the changes to the schedule for that week. It was not uncommon that year to meet someone who would say, I dont think weve met, but your voice sure sounds familiar. I would laugh and ask, Oh, do you play hockey? From there it was natural that I would learn that a great way to spend an hour and delay doing a problem set was to go watch my friends from Baker House play intramural hockey. They played on the D-league team so it wasnt as much about scoring as it was just getting across the blue line before the puck went back the other way. And then occasionally, for a real thrill, wed go watch the B-league team play. That group could actually skate and check; it was amazing to watch, but I decided playing wasnt for me since I seemed to have two left feet on the ice. Now hockey may not seem that foreign to many of you, but remember, I was from California at the time. Hockey was something that was really only discussed every four years during the Olympics. Sure I knew about the Miracle on Ice but hockey was for Canadians, Russians, and those hardy souls who came from really cold places like Minnesota and North Dakota. I knew lots about swimming and water polo (and snow skiing, I admit) but not hockey. But that has all changed. The enjoyment derived from sitting in a cold place, watching a group of people throw each other into walls, slashing each other with long sticks, and hitting that little round puck is tremendous. Its become my guilty pleasure and it all started at MIT. ****Time Passes**** I decided the holidays were a good time to return home and recharge before Regular Action reading begins next week. So, my vacation started with a blizzard-be damned drive home to New Hampshire for a hockey game. My brother and I were part of a select group of the hardy, devoted, and some might say foolish, fans who ventured to Manchester in the storm for the Monarchs game on December 19th. During the second intermission we threw teddy bears onto the ice that were given to local kids this holiday. Normally, we worry about things flying off the ice but this time we threw them on and for a great cause. We lost the game, that was sad, but we survived the storm and brought home our holiday schwag from the game. Over the last few months, Ive amassed quite a collection, a bobblehead of the mascot Max, a puck, a plastic hockey stick, a miniature sized jersey on a plastic form, Atlantic Division champion pennant, and now a Max Christmas ornament, also of the bobblehead variety, creating what my brother refers to as the shrine on my office shelf. He shakes his head all the more when he hears me yell, come on guys, convert the power play this time, calling the players by name as if I actually know them. I send him email messages that say things like, Zeilers back, Westgarth has another black eye, Boyle has been called up again, and Gabes out this week with an injury. He looks at me with an expression that asks, Who are you, and what have you done with my sister? So thus far this holiday, Ive been to two games in Manchester. Today my brother and I will head to The Gahden for a Bruins game where they will take on the Pittsburgh Penguins. The tickets were his Christmas gift from me, with the string, of course, that I got to go to the game too. One of the benefits of being at MIT is access to the MITAC. They buy blocks of tickets for events in the Boston area and offer them at a discount to MIT students and staff. Previously Ive bought discounted movie tickets, and gotten a membership to Costco but until I go to the Nutcracker next year the hockey tickets are the best thing so far. Yes, Ill head to a Monarchs game once more before I end my time off, so it will be a total of four within two weeks. A heck of a way to spend the holidays, if I do say so myself. This winter, youll probably find me some night at Johnson Ice Arena (HoJos) watching the mens or womens team play. Ill be the one with the huge grin on her face. See you near the blue line!

How Does Cocaine Affect our Brains Bibliography Assignment - 1100 Words

How Does Cocaine Affect our Brains? Bibliography Assignment (Annotated Bibliography Sample) Content: How Does Cocaine Affect our Brains?Students NameInstitutional AffiliationHow Does Cocaine Affect our Brains?AbstractRecently, the use of cocaine has been on the rise across the world. As much as many drug users seem not to care about the impact of the cocaine, its abuse remains an issue of health of concern. Its effects are manifested in various organs of the body but the brain remains the most vulnerable organ. The brain is the most affected part since it is the center of normal human communication. For instance, individuals who abuse cocaine experiences various complications such as cerebrovascular disorders, seizures, headaches, hallucinations, strokes as well amnesia.IntroductionThe paper intends to provide a literature review of the research topic to highlight what other scholars have covered on the effects of cocaine on humans brains. Particularly, the paper addresses the sources that have relevant and deep discussion on the side effects of cocaine on human bra ins.Jones, R. T. 1984. The pharmacology of cocaine. Pharmacology, Effects and Treatment of Abuse. National Institute on Drug Abuse Research Monograph, (34-53) 34-53.This article describes the brain's reward pathway that is likely to act as the receptive site for the cocaine. It develops a link between emotions and motivation with a system called mesolimbic dopamine system that is linked with synapses and neurons and how the system recycles itself. The author includes a photograph of the brain that shows the graphical representation of this cycle and how cocaine interferes with this flow leading to euphoria among other pleasurable impacts on the brain.The author explains how cocaine binds to dopamine leading to interference with the normal communication process. The article shows how the impacts of cocaine are manipulated in the neuro-system of the brain. This article will be significant in the study of dopamine and cocaine relationship.Mechoulam, R, and L. A Parker. 2013. The endoca nnabinoid system and the brain. Annual review of psychology 21-47.The author offers insights on how cocaine works by interfering with the brain. It is found that when injected into the bloodstream, it travels to the brain where it floods the pressure center with dopamine that creates euphoria. Further, the author carefully examines how cocaine affects the brain and the nervous system in particular where it is discovered that cocaine interferes with the normal processes that provoke dopamine to strike the brain and nervous system. The impacts are manifested in effects such as anxiety, panic attacks, paranoia, changes in behavior and restlessness.Also, the author also discusses the severity of the drug to the brain about different methods of administration. This journal will be useful in examining the effect of cocaine on the nervous system as a component of neurotransmission with the brain.Aki, T, T Funakoshi, K Unuma, and K Uemura. 2013. Impairment of autophagy: from hereditary diso rder to drug intoxication. Toxicology 205-215.The researchers used mice in their experiments to establish out the effect of cocaine on the brain cells. The study found that cocaine kills brain cells by triggering "overactive autophagy", a process that stimulates the cells to digest themselves and their environment. Inferring from the experiment, the researchers provide a conclusion that the process of autophagy in normal cells and found that it stimulated normal clean-up process where the dead cells are removed from the brain but in the cells that were exposed to cocaine, autophagy was accelerated by cocaine hyper stimulation which turns the process into a self-cannibalization process.The researchers drew up their conclusions by determining changes in some cells and protein levels after exposure to cocaine and found that the drug insinuated cell death through runaway autophagy.This concept of autophagy raised by the author will be important in explaining how cocaine kills the cells of the brain, therefore, necessary for the study.Tamrazi, B, and J Almast. 2012. Your brain on drugs: imaging of drug-related changes in the central nervous system. Radiographics 701-719.The author describes effects of high doses of cocaine to the brain such as seizures, headaches and coma. The author notes that the brain is sensitive to high levels of toxin and explains that such levels would lead to systemic cardiovascular consequences that result in rupturing of blood vessels within the brain. Additionally, the journal indicates that this will lead to stroke. The high tension in mind also results in the impaired nerve signal transmission that leads to uncontrollable muscle movements manifested in jaw grinding and shaking. This also leads to mental health in the long run in case it does not result in death during the short term.The article will be helpful during the study on the effects of high doses of cocaine in the brain cells.Riezzo, I, C Fiore, D De Carlo, N Pascale, M Neri, E Turillazzi, and V Fineschi. 2012. Side effects of cocaine abuse: multiorgan toxicity and pathological consequences. Current medicinal chemistry, 5624-5646.The author explains various complications related to the minds that are caused by the intake of cocaine. Particularly, the article addresses neuropsychiatric complications, convulsions, cerebrovascular disorders, movement disorders, muscular disorders, leukoencephalopathy among other complications. Also, the author covers in depth about the processes in which cocaine leads to these complications by incorporating researched data. It also unravels the interaction of cocaine with various brain cells to bring about these complications.Shield, K. D, and J Rehm. 2015. The effects of addictive substances and addictive behaviours on physical and mental health. The Impact of Addictive Substances and Behaviours on Individual and Societal Well-being 77The author carried out internet based research using Medellin using keywords such as cere brovascular accidents and cerebrovascular disorders. The survey shows the various pharmacodynamics associated with the drug such as local unaesthetic effects and neurotransmitter effects. The author pays attention to cerebrovascular effects of the drug such as seizures and headaches. The author explains how cocaine leads to these conditions after its ingestion.Narayana, P. A, J. J Herrera, K. H Bockhorst, E Esparza-Coss, Y Xia, J. L Steinberg, and F. G. Moeller. 2014. Chronic cocaine administration causes extensive white matter damage in brain: diffusion tensor imaging and immunohistochemistry studies. Psychiatry Research: Neuroimaging 220-230.The researcher aimed at establishing the effect of chronic cocaine exposure on brain's white matter using rodents as experimental species. In details, the authors explains how the species were injected with cocaine and DTI scans, end point histology and locomotors assessment done on after that. The findings show how the cocaine damages the wh ite and grey matter in the brain which impairs the cogniti...

Analysis Of The Song Expression By Salt N Pepa - 862 Words

Many black musicians used their music as a platform to express the struggles that their community experienced daily during the 1980’s and 90’s. It allowed them to represent their anger or sorrow without acting out violently while also spreading awareness to the listeners about their stories, ideas, struggles, deep emotions, and the messages behind their songs. Lyrics to songs can bring a lot of meaning to a person or society. Music is an art and showcases an individual’s spirit. Hip hop music has brought many messages forward, for example the song Expression by Salt n Pepa had lyrics that showed the public how to be yourself and how to let lose. On page 7 of â€Å"Understanding Black American Aspects in Hip Hop Cinema† it talks about how during slavery the slaves would make up songs that would lift the spirits of the people working. Some of these songs had messages about freedom and dreams that the slaves had. Considering most songs have an impact on peopl e, the slaves would create a culture of music that was brought forward. Craig Werner talks about genres and their impacts on the black culture. â€Å"Expressions† has a voice to all people. The lyrics go a little like this Express yourself, you ve got to be you, babe, Express yourself, don’t tell me what to do, babe, Express yourself, come on and work that body.† To me these lyrics came across as just letting go and being yourself. Lyrics like this give value to life and reassure people that everything is going to be okay. Music

Adrienne Rich Feminist and Political Poet

Adrienne Rich (May 16, 1929 - March 27, 2012) was an award-winning poet, longtime American feminist, and prominent lesbian. She wrote more than a dozen volumes of poetry and several non-fiction books. Her poems have been widely published in anthologies and studied in literature and womens studies courses. She received major prizes, fellowships, and international recognition for her work. Fast Facts: Adrienne Rich Known For: American poet, essayist and feminist credited with bringing the oppression of women and lesbians to the forefront of poetic discourse.Born: May 16, 1929, in  Baltimore, MDDied: March 27, 2012, in Santa Cruz, CAEducation: Radcliffe CollegePublished Works: A Change of World, Diving Into the Wreck, Snapshots of a Daughter-in-Law, Blood, Bread, and Poetry, numerous nonfiction books and poems.Awards and Honors: National Book Award  (1974), Bollingen Prize  (2003), Griffin Poetry Prize  (2010)Spouse(s): Alfred Haskell Conrad  (1953-1970); Partner Michelle Cliff  (1976-2012)Children:  Pablo Conrad,  David Conrad,  Jacob ConradNotable Quote: When a woman tells the truth she is creating the possibility for more truth around her. Early Life Adrienne Rich was born May 16, 1929, in Baltimore, Maryland. She studied at Radcliffe College, graduating Phi Beta Kappa in 1951. That year her first book, A Change of World, was selected by W.H. Auden for the Yale Younger Poets Series. As her poetry developed over the next two decades, she began writing more free verse, and her work became more political. Adrienne Rich married Alfred Conrad in 1953. They lived in Massachusetts and New York and had three children. The couple separated and Conrad committed suicide in 1970. Adrienne Rich later came out as a lesbian. She began living with her partner, Michelle Cliff, in 1976. They moved to California during the 1980s. Political Poetry In her book What Is Found There: Notebooks on Poetry and Politics, Adrienne Rich wrote that poetry begins with the crossing of the trajectories of elements that might not otherwise have known simultaneity. Adrienne Rich was for many years an activist on behalf of women and feminism, against the Vietnam War, and for gay rights, among other political causes. Although the United States tends to question or reject political poetry, she pointed out that many other cultures view poets a necessary, legitimate part of the national discourse. She said that she would be an activist for the long haul. Womens Liberation Movement Adrienne Richs poetry has been seen as feminist since the publication of her book Snapshots of a Daughter-in-Law in 1963. She called womens liberation a democratizing force. However, she also said that the 1980s and 1990s revealed more ways in which U.S. society is a male-dominated system, far from having solved the problem of womens liberation. Adrienne Rich encouraged the use of the term womens liberation because the word feminist could easily become a mere label, or it could cause resistance in the next generation of women. Rich went back to using womens liberation because it brings up the serious question: liberation from what? Adrienne Rich praised the consciousness-raising of early feminism. Not only did consciousness-raising bring issues to the forefront of womens minds, but doing so led to action. Prize Winner Adrienne Rich won the National Book Award in 1974 for Diving Into the Wreck. She refused to accept the award individually, instead sharing it with fellow nominees Audre Lorde and Alice Walker. They accepted it on behalf of all women everywhere who are silenced by a patriarchal society. In 1997, Adrienne Rich refused the National Medal for the Arts, stating that the very idea of art as she knew it was incompatible with the cynical politics of the Bill Clinton Administration. Adrienne Rich was a finalist for the Pulitzer Prize. She also won numerous other awards, including the National Book Foundations Medal for Distinguished Contribution to American Letters, the Book Critics Circle Award for The School Among the Ruins: Poems 2000-2004, the Lannan Lifetime Achievement Award, and the Wallace Stevens Award, which recognizes outstanding and proven mastery in the art of poetry. Adrienne Rich Quotes †¢ Life on the planet is born of woman. †¢ Todays womenBorn yesterdayDealing with tomorrowNot yet where were goingBut not still where we were. †¢ Women have been the truly active people in all cultures, without whom human society would long ago have perished, though our activity has most often been on the behalf of men and children. †¢ I am a feminist because I feel endangered, psychically and physically, by this society and because I believe that the womens movement is saying that we have come to an edge of history when men - insofar as they are embodiments of the patriarchal idea - have become dangerous to children and other living things, themselves included. †¢ The most notable fact our culture imprints on women is the sense of our limits. The most important thing one woman can do for another is to illuminate and expand her sense of actual possibilities. †¢ But to be a female human being trying to fulfill traditional female functions in a traditional way is in direct conflict with the subversive function of the imagination. †¢ Until we know the assumptions in which we are drenched, we cannot know ourselves. †¢ When a woman tells the truth she is creating the possibility for more truth around her. †¢ Lying is done with words and also with silence. †¢ False history gets made all day, any day,the truth of the new is never on the news †¢ If you are trying to transform a brutalized society into one where people can live in dignity and hope, you begin with the empowering of the most powerless. You build from the ground up. †¢ There must be those among whom we can sit down and weep and still be counted as warriors. †¢ The woman I needed to call my mother was silenced before I was born. †¢ The worker can unionize, go out on strike; mothers are divided from each other in homes, tied to their children by compassionate bonds; our wildcat strikes have most often taken the form of physical or mental breakdown. †¢ Much male fear of feminism is the fear that, in becoming whole human beings, women will cease to mother men, to provide the breast, the lullaby, the continuous attention associated by the infant with the mother. Much male fear of feminism is infantilism -- the longing to remain the mothers son, to possess a woman who exists purely for him. †¢ How we dwelt in two worlds the daughters and the mothers in the kingdom of the sons. †¢ No woman is really an insider in the institutions fathered by masculine consciousness. When we allow ourselves to believe we are, we lose touch with parts of ourselves defined as unacceptable by that consciousness; with the vital toughness and visionary strength of the angry grandmothers, the shamanesses, the fierce marketwomen of the Ibos Womens War, the marriage-resisting women silkworkers of prerevolutionary China, the millions of widows, midwives, and the women healers tortured and burned as witches for three centuries in Europe. †¢ Its exhilarating to be alive in a time of awakening consciousness; it can also be confusing, disorienting, and painful. †¢ War is an absolute failure of imagination, scientific and political. †¢ Whatever is unnamed, undepicted in images, whatever is omitted from biography, censored in collections of letters, whatever is misnamed as something else, made difficult-to-come-by, whatever is buried in the memory by the collapse of meaning under an inadequate or lying language -- this will become, not merely unspoken, but unspeakable. †¢ There are days when housework seems the only outlet. †¢ Sleeping, turning in turn like planetsrotating in their midnight meadow:a touch is enough to let us knowwere not alone in the universe, even in sleep... †¢ The moment of change is the only poem. edited by Jone Johnson Lewis

The Birdman Of Alcatraz, By Aka Robert Stroud - 934 Words

While you may have heard of, â€Å"The Birdman of Alcatraz,† aka Robert Stroud, another popular Alcatraz inmate. He was probably the most famous inmate to reside on Alcatraz. In 1909, Stroud brutally murdered a bartender when he failed to pay the girl Stroud was pimping for. He shot the bartender to death and took the wallet for the prostitute. Stroud was convicted of manslaughter and sent to McNeil Island in 1911. At McNeil Island, he was noted to be violent and difficult to manage. Robert Stroud viciously assaulted a hospital orderly and even stabbed a fellow inmate. As a result of his hostility, he was sentenced an additional six months. Stroud was moved to Leavenworth Federal Penitentiary in Kansas because of overcrowding and†¦show more content†¦Unfortunately, Robert Stroud was never to able to see the move of himself, â€Å"Birdman of Alcatraz,† by Burt Lancaster. The movie portrayed Robert with a more calm personality, the opposite of his actu al behavior. (Alcatraz History: Famous Inmates) Everyone knows how hard it would have been to escape Alcatraz and live, so escape attempts were rarely rewarding. Alcatraz was open for twenty- nine years and only had fourteen escape attempts with thirty-six involved prisoners overall. No attempts were considered successful. One prisoner actually made it to San Francisco, but was promptly arrested and returned. Two inmates drowned in the bay and six were shot dead during their attempts. Twenty-three were captured and returned, but five were never found. Prisoner officials say the five prisoners must have also drowned. The first escape attempt was made in April, 1936, by Joseph Bowers, prisoner 210. He was shot and killed. â€Å"The Battle of Alcatraz† is considered one of the bloodiest escape attempts in the history of Alcatraz. It’s also known as the â€Å"Alcatraz Blast Out†. On May 2, 1946, six prisoners tried to take control of the main building. They were able to overpower the guards and the battle laste d two days. Two officers were killed and many others had several injuries. Three out of the six prisoners who attempted to escape died in battle. Finally, on May 4, reinforcements came and took control. The living three inmates went on trial for the murders

Violence Tends To Threaten The Organization Of Society.

Violence tends to threaten the organization of society. In today’s society violence is permeated in almost every aspect of our daily lives. Violence in our society enters our homes, workplace, and schools and especially in the media. Violence is the intentional action or inaction causing physical, sexual and psychological injury, including battering, pornography, sexual assault, incest, child abuse and sexual harassment. Advertisers use sex to get our attention and they make claims about their product’s ability to make us popular, attractive and successful. In my opinion ads affect us in potentially damaging ways. The ads portray bodies, especially those of women as objects, which forces us to seeing each other in dehumanizing ways.†¦show more content†¦In today’s society there have been many instances of workplace violence that has included physical assaults, threats, verbal abuse, beatings, stabbing, rapes, obscene phone calls and shootings. I think this is due in fact by increasing social and economic factors. At my place of employment, we have many instances of work place violence involving staff on staff, as well as inmate against staff. Working in such a volatile situation has kind of desensitized me to these acts and I have found myself needing counseling and the use of anti -depressants to just get through the workweek. Being surrounded by violence and violent individuals has a negative effect on those subjected to it on a regular basis. Many people working in this field deny that they are affected by it emotionally, however the reality of it shows in the high rates of suicide and divorce amongst correctional staff. 2. Compare psychological theories of aggression, in particular, the catharsis and social learning theories. The psychological theories of aggression are that it is shaped by the brain and also involves genetic factors. Aggression is a drive that is common to most animals and humans. It is described as a n accumulating force, which needs to be released, usually in response to a specific stimulus. Aggressive behavior usually occurs because of an individual attempting toShow MoreRelatedViolence And Hate Crime And Violence Through Intercultural Praxis, Education, And Socially Responsible Actions1431 Words   |  6 PagesViolence and hate crimes are frequent in the United States and have become a major issue for many people. Violence comes in many different forms such as domestic, societal, and individual. Violence is the main cause of distress and has the power to tear families apart. As a result, the newer generation of kids are left to deal with insecurity, inequality, and injustice. In order to ensure that people carry out the proper approach to violence, professionals and even every day individuals must be trainedRead More Motives For Terrorism Essay1084 Words   |  5 PagesTerrorism is a type of violence used tactically in peace, conflict, and war. 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Math Curriculum Reform Issue Free Essays

Among the subjects learnt by students, Mathematics is among the subjects that are unpopular among the students. They perceive it a very hard subject especially to girls who think the subject should be reserved for boys. However, mathematics learning will be increased by the proposed National Council of Teachers of Mathematics in 1989. We will write a custom essay sample on Math Curriculum Reform Issue or any similar topic only for you Order Now The curriculum proposed is very comprehensive and is likely to improve mathematics performance that has deteriorated for sometime now. One of the most important aspects that has contributed to student performance as a result of proposed National Council of Teachers of Mathematics in 1989 was due to emphasis the curriculum has put on geometry and spatial. Learning of Geometry has developed student’s understanding and appreciation as far as world’s geometric concepts are concerned. As far as children are concerned, they develop and enhance their ability to learn measurement ideas and learn number. These concepts also help students to be able to understand advanced mathematics that are learnt at higher levels. [1] Another most important concept that has improved student performance in Mathematics is because Geometry is introduced from Pre K to 12. It is very important for people to support the National Council of Teachers of Mathematics that was introduced in 1989 since it enhanced students’ performance in the subject. National Council of Teachers of Mathematics curriculum has promoted egalitarianism among the students as this was the main aim and objective of its development. The proposed Mathematics by National Council of Teachers of Mathematics is due to the fact that the ability of the student to be able to solve problems after studying the Mathematics. This is because, in the current world for one to survive comfortably, one has to go with the technology which is comes hand in hand with knowledge of Mathematics. The curriculum proposed is likely to promote student’s learning skill since they removed basic skills that were unnecessary and instead they focused on most important issues since they knew calculator and computers would eliminate calculation which is tedious. Another issue that can make us to support the National Council of Teachers of Mathematics curriculum is that previously, the curriculum had not been focused on all students as it had only focused on analytical, deductive and linear analytical that only met White (Anglo) learning style. For this case, the main aim and objective of the proposed National Council of Teachers of Mathematics was to develop a comprehensive curriculum that would cater for the needs of all students. [2] Currently, student performance in Mathematics has improved and the subject is no longer perceived as a hard subject like it used to be previously. The subject is now popular even to girls and it is should be encouraged since knowledge in Mathematics enhances understanding of other subjects. References National Council of Teachers of Mathematics (1989): Curriculum and Evaluation Standards for School Mathematics. Reston, VA: NCTM. National Council of Teachers of Mathematics (1991): Worthwhile Mathematical Tasks – In Professional Standards for Teaching Mathematics (p. 25). Reston, VA: National Council of Teachers of Mathematics. Â   Â   [1] National Council of Teachers of Mathematics (1989): Curriculum and Evaluation Standards for School Mathematics. Reston, VA: NCTM. [2] National Council of Teachers of Mathematics (1991): Worthwhile Mathematical Tasks in Professional Standards for Teaching Mathematics (p. 25). Reston, VA: National Council of Teachers of Mathematics. Â   Â   How to cite Math Curriculum Reform Issue, Essay examples

Math Curriculum Reform Issue Free Essays

Among the subjects learnt by students, Mathematics is among the subjects that are unpopular among the students. They perceive it a very hard subject especially to girls who think the subject should be reserved for boys. However, mathematics learning will be increased by the proposed National Council of Teachers of Mathematics in 1989. We will write a custom essay sample on Math Curriculum Reform Issue or any similar topic only for you Order Now The curriculum proposed is very comprehensive and is likely to improve mathematics performance that has deteriorated for sometime now. One of the most important aspects that has contributed to student performance as a result of proposed National Council of Teachers of Mathematics in 1989 was due to emphasis the curriculum has put on geometry and spatial. Learning of Geometry has developed student’s understanding and appreciation as far as world’s geometric concepts are concerned. As far as children are concerned, they develop and enhance their ability to learn measurement ideas and learn number. These concepts also help students to be able to understand advanced mathematics that are learnt at higher levels. [1] Another most important concept that has improved student performance in Mathematics is because Geometry is introduced from Pre K to 12. It is very important for people to support the National Council of Teachers of Mathematics that was introduced in 1989 since it enhanced students’ performance in the subject. National Council of Teachers of Mathematics curriculum has promoted egalitarianism among the students as this was the main aim and objective of its development. The proposed Mathematics by National Council of Teachers of Mathematics is due to the fact that the ability of the student to be able to solve problems after studying the Mathematics. This is because, in the current world for one to survive comfortably, one has to go with the technology which is comes hand in hand with knowledge of Mathematics. The curriculum proposed is likely to promote student’s learning skill since they removed basic skills that were unnecessary and instead they focused on most important issues since they knew calculator and computers would eliminate calculation which is tedious. Another issue that can make us to support the National Council of Teachers of Mathematics curriculum is that previously, the curriculum had not been focused on all students as it had only focused on analytical, deductive and linear analytical that only met White (Anglo) learning style. For this case, the main aim and objective of the proposed National Council of Teachers of Mathematics was to develop a comprehensive curriculum that would cater for the needs of all students. [2] Currently, student performance in Mathematics has improved and the subject is no longer perceived as a hard subject like it used to be previously. The subject is now popular even to girls and it is should be encouraged since knowledge in Mathematics enhances understanding of other subjects. References National Council of Teachers of Mathematics (1989): Curriculum and Evaluation Standards for School Mathematics. Reston, VA: NCTM. National Council of Teachers of Mathematics (1991): Worthwhile Mathematical Tasks – In Professional Standards for Teaching Mathematics (p. 25). Reston, VA: National Council of Teachers of Mathematics. Â   Â   [1] National Council of Teachers of Mathematics (1989): Curriculum and Evaluation Standards for School Mathematics. Reston, VA: NCTM. [2] National Council of Teachers of Mathematics (1991): Worthwhile Mathematical Tasks in Professional Standards for Teaching Mathematics (p. 25). Reston, VA: National Council of Teachers of Mathematics. Â   Â   How to cite Math Curriculum Reform Issue, Essay examples

On June 22, 1903 a man named John Dillinger was bo Essay Example For Students

On June 22, 1903 a man named John Dillinger was bo Essay rn. He grew up in the Oak Hill Section of Indianapolis. When John was three years old his mother died, and when his fatehr remarried six years later, John resented hes stepmother. When John was a teenager he was frequently in trouble. He finally quit school and got a job in a machine shop in Indianapolis. He was very intelligent and a good worker, but he soon got bored and often stayed out all night. His father began to think that the city was corrupting his son, so he sold his property in Indianapolis and moved his family to a farm near Mooresville, Indiana. John reacted no better to rural life than he had to that in the city and soon began to run wild again. At the age of 21 he attempted his first robbery, robbing a grocery store, in his home town. He was caught and imprisoned for nine years until 1933. Soon after he was released, Dillinger robbed a bank in Bluffton, Ohio and was arrested by the Dayton police. He was put in Lima county jail to wait for his trial. The Lima police found a document on John which seemed to be a plan for a prison break, but he denied everything. Four days later, using the same plans, eight of Dillingers friends escaped from the Indiana State Prison, using shotguns and rifles which had been smuggled into their cells. During their escape, they killed two guards. On October 12, three of the escaped prisoners and a parolee from the same prison showed up at the Lima jail where Dillinger was. They told the sheriff that they had come to return Dillinger to the Indiana State Prison for violation of his parole. When the sheriff asked to see their credentials, one of the men pulled a gun, shot the sheriff and beat him into unconsciousness. They took the keys, freed Dillinger, locked the sheriffs wife and a deputy in the cell, and left. Leaving the sheriff to die on the floor. These four mens fingerprint cards were pulled, indicating that they were wanted. Meanwhile, Dillinger and his gang pulled several bank robberies. They also stole several machine guns, rifles, and revolvers, a quantity of ammunition, and several bulletproof vests. By mid-1934, Dillinger had been involveed in at least ten bank robberies in Indiana, Ohio, Wisconsin, and South Dakota. He was hiding in Chicago with a woman by the name of Anna Sage. This acquaintace was said to be the one who told on John. She told federal agents she would be wearing a red dress when she and a girl friend accompanied Dillinger to the theater. Sage became famous as the lady in red. Agents were waiting outside to arrest him. Dillinger grabbed a pistol from his trouser pocket and attempted to flee, the three agents opened fire. Dillinger was pronounced dead at 10:50 p.m. at Alexian Brothers Hospital. John Herbert Dillinger was killed July 22, 1934 in front of a Chicag movie theater. He was shot four times. Two shots grazed his face, one shot pertruded into is arm ,and the fourth shot entered the back of his head, exiting underneath his right eye. John was 31 years old when he died. He had been at the top of the Federal Bureau of Investigations Ten Most Wanted list for a month before he died. He and his gang terrorized the Midwest, killing ten men, wounding seven others, robbing banks and police arenals, and stageing three jail breakskilling a sheriff during one and wounding two guards in another.

Development & Implementation of Corporation Strategic Plans -Case Stud

Question: Describe about the Development and Implementation Corporation Strategic Plans . Answer: To, The key stakeholders for review Email Title: Mission/Vision Review Existing mission and vision The analysis of the operations of the corporation MacVille reveals the fact that the companys current mission is to deliver the espresso coffee machines that can meet up the efficiency, reliability as well as sustainability requirements of hospitality clients who in return can reward the company with profits. This in turn can also permit the stakeholders as well as communities to prosper in the business environment in which it operates. The existing vision of the company Mac Ville is to become a well-known national brand within the next five years and this can be accepted as an integral component of the hospitality sector and an important component in the process of attainment of hospitality establishments, both large as well as small. Current approaches The current approaches of the company Mac Ville include the incorporation of innovation into the definite mission designed as this is necessarily the outcome of the instruction of self-directed team. The present approach also include establishment of different ways for enhancement of the overall efficiency of diverse business processes as well as effectiveness of the solutions for the customers (Bryson 2012). In addition to this, there is also need for evaluation of activities currently performed in order to continually address different mechanisms for performance of business. As such, this particular approach can help in simplification of the overall business processes as well as improvement of the business. Therefore, the new approach of business essentially includes the incorporation of innovative practices for escalating the standards of performance. In addition to this, the business practices also involves introduction of the strategic alliances and search for new partnerships t hat can sustain and at the same time promote the overall mission, anticipated outcome as well as strategies. Revised mission and vision The review of the business report of the corporation Mac Ville helps in understanding the revised mission as well as vision of the company. The revised mission as well as vision of the company Mac Ville is designed based on the outcomes of the process of review. Therefore, based on the results of the review, it can be said that the revised mission and vision incorporates the need for identification of community and the society that the business serves. Again, the revised mission and vision also takes into consideration the need for the company to become good corporate citizen. This helps in the process of recognition of different accountabilities to become an active participant in regional communities (Armstrong and Taylor 2014). The revised mission and vision therefore includes the importance of incorporation of sustainable business practices for becoming responsible corporate citizen that can help in the enhancement of the regional community and its people (Joyce et al. 2014). The development of the growth potential of the firm along with the development of the society is also said to enhance the profitability of the business each year to a very wide range of community as well as different non-profit organizations. Organizational values The review of the annual report of the corporation Mac Ville reveals the fact that the value of the business concern has remained the same for a very long period of time. In particular, the stewardship of the company and adherence to different professional standards as well as regulations of conduct in different business activities is an important for the stakeholders of the firm. Again, the organization is essentially committed towards encouragement of different self-directed teams of the firm, cultivation of effective leadership and maintenance of superior levels of safety for particularly the people (Ward and Peppard 2016). In addition to this, the values of the firm Mac Ville also includes the commitment of the firm to encourage environment friendly business practices as well as meaningful value to different customers. 2. Pest analysis Political The changes in the plan of the trade, tariffs on imported products (like espresso coffee machines) have been planned to remove in order to bring the factor in line with the free trade policy of the government. Economical It has been predicted that the firm MacVille has higher growth in the economic situation than its expectation. Thus, the resources of the firm MacVille boom continuously. In addition to this, there is a prediction regarding the strengthening of the AUD (Australian Dollars) against all the key trading partners for the next few years is considered as a concern. Social It has been found that for the welfare of the society, the government of the country has started a carbon tax and thus it has possibility of introducing energy intensive products within the firm. The reason behind this is that these types of products are generally utilized in a commercial enterprise. In addition to this, it has been found that there is a constant growth in the population in the country Australia. It has been predicted that in the country Australia, the population might raise from 22 million in the year 2010 to 36 million in the year 2050. Technological As per the case study, new commercial espresso machines have been developed within the country, whose usage has resulted into 30 % less energy consumption. This is considered as an innovative and much efficient heat exchanger in the market. Thus, the implementation of new technology within the country as well as the market is considered as a positive effect. SWOT analysis Strengths As per the case study, it can be said that the particular company MacVille intends to cover the potential market of the targeted customers for the espresso machines. Moreover, it has been found that this espresso machine complements the commercial market for the particular machines in order to make a full range offer to the potential customers. Weaknesses On the basis of the provided case study, it can be said that the particular organization MacVille is currently working along with a strategic partner. Moreover, this strategic partner is not solely focused on the hotel industry. Thus, this has found to be a primary weakness for the specified firm MacVille. Opportunities The vision as well as the mission of the firm MacVille have been modified by the board of directors and the management department of the organization on the basis of the requirement and demand. Therefore, it can be said that these strategies of revising both the mission and vision are also considered as the opportunities for the particular firm. Moreover, it has been found that the particular company MacVille sells home espresso machines to the customers and the potential targeted market of the particular firm is the home market of the country Sydney. In addition to these, the firm MacVille also incorporates other digital home entertainment products. Thus, it can be said that the particular firm MacVille has various opportunities to market its products, as the firm has large potential and targeted market, huge customer base and provides wide range of products and services. Threats It can be said that the risks related to the venture are considered as the risks or the threats for the specified firm MacVille. As per the case study, it has been found that the partner of the specified firm MacVille is not fulfilling the commitment regarding the financials. Moreover, the association along with the non-industry partner is also considered as having negative impact on the target customer base of the firm MacVille. Lastly, the partner of the firm MacVille has access to trade secrets of the organization MacVille. Therefore, all these are considered as the threats or risks to the operations and regulations of the firm MacVille. Identification and description of the existing as well as potential competitors (strengths and weakness of each) As per the case study, it can be hereby ascertained that the main competitors of the company Mac Ville are Nufix Inc. and BeanEx. The competitor Nufix Inc has shifted from the business into particularly the espresso bean as well as the machine market. The transnational player such as the Nufix Inc. faces challenges in acclimatizing to the adjustable needs of the specific niche market purchasers. However, another important competitor of the corporation Mac Ville is the Bean Ex, a very large supplier of the coffee bean that had freshly started importing different espresso machines for different customers. In addition to this, there is also conversation regarding the selling of espresso machines as essentially wholesalers. The competitor bean Ex have very easy admittance to different markets with coffee bean dealings but had no particularly established wing of service to aid wholesale clients properly maintain all the machines that are purchased. Development of a separate summary statement for the potential ally The analysis of the potential allies and their alignment with the values of the organization as well as requirements of the tender can help in the process of development of separate summary for the potential ally. The organization value of Mac Ville primarily include stewardship, adherence to different directives, encouraging self-directed teams, cultivation of leadership and maintenance of high safety levels. Again, the objective of the firm is essentially to boost growth potential of the firm by incorporating innovative as well as sustainable practices. However, the tender requirements mention that the joint venture with the company Home Espresso Traders can help in covering the entire market for espresso machines, but this can help in working with specific strategic partner that is not exclusively concentrated on hospitality sector. The venture trend analysis reflects that sales can also increase throughout the period 2007 to 2012. Again, the venture with the Ambrosia Coffee Roast also helps in sharing the overall cost of outdoor advertising for different cafes as well as restaurants. The venture with this partner can help in the sharing of the overall base of the client. Furthermore, the venture trend analysis also shows that sales also increase to $3.3 m during the period 2007 to 2011. Again, the venture with the corporation Java Estate also helps in delivering espresso machines to the clients free of cost and can offer coffee bean to the entire hospitality as well as the coffee bean market. The trend analysis shows that the venture can also help in increasing the sales from $8.2 m to $16.3 m during the period 2007 to 2011. Summary notes from the meeting with the supervisor The meeting with the supervisor regarding the addition of value to the products as well as services highlights challenges of inbound logistics, need for development of the management information system, outbound logistics, enhancement of the sales as well as marketing and service. The meeting with the supervisor includes detailed conversation regarding the expansion of the business into the Sydney market, strategic alliance with different coffee bean suppliers as well as mounting concern as regards escalating Australian dollar. The meeting with the supervisor also include concerns regarding potential competitors of the company Mac Ville. Again, the meeting also sheds light on different strategic alliance that can help in attainment of objectives. 3. Strategic Plan Formulation of strategic objectives for the business concern founded on board minutes The strategic objectives for the business concern based on the board minutes essentially include development of policies for selling as well as servicing different Mac Ville espresso machines of coffee in all the states of Australia. Another strategic objective of the company is to enhance the overall profit margin of the company by around 5% in the upcoming five years. In addition to this, the strategic objective of the corporation Mac Ville also includes establishment of brand recognition of Mac Ville in different important markets in the upcoming five years through the institution of advanced technologies and establishment of co brand with diverse strategic partners (Bass and Dalal-Clayton 2012). Furthermore, the strategic objective of the corporation also include reduction of the waste as well as utilization of the energy by approximately 10% in the upcoming five years. Strategies for meeting the objectives in the future The strategies for meeting the goal of selling and servicing espresso coffee machines include involvement of the tender of the Java Estates and establishment of strategic alliance. The establishment of the strategic alliance with the Java estates and approval of their tender can be regarded to be top priority. In addition to this, it is also imperative to search for more warehouse opportunities in different states with high volume after the institution of the Sydney warehouse. As such, this process can also be handled with network of different agents and by outsourcing the process of maintenance. Again, the objectives of enhancement of the profit margin can be achieved by means of better negotiation of price with different suppliers of the company and by optimum utilization of the members of the staff in different departments of the company. Again, the organizational goal of establishment of the brand recognition in different key market include employment of advanced technologies and introduction of co-branding with all the strategic partners (Hollensen 2015). The strategic goals of the company also include the reduction of the waste as well as utilization of the energy by around 10% in the next five years by conduction of different education programs as well as incentive schemes. Prioritised strategies - selling and servicing espresso coffee machines -establishment of strategic alliance -establishment of warehouse opportunities - Enhancement of the profit margin through better negotiation of prices with suppliers - Establishment of the brand recognition in different key market Description of the timeframe for each to be completed Activity/Duration 1 to 2 months 3 to 4 months 5 months 6 to 7 months establishment of the strategic alliance approval of their tender of the strategic partner Java Estates institution of the warehouse in different states in high volume Appointment of agents in different states Negotiation with suppliers Employment of advanced technologies and co-branding strategies with strategic partners for enhancement of the brand equity Establishment of social as well as internet marketing strategies Assignment of responsible parties for each strategy The responsible parties for execution of each strategy include can strategic managers, line managers of different department, procurement managers, managers of the sales and marketing department and brand managers among many others (Eden and Ackermann 2013). Assignment of measurable performance indicators to individual strategies The performance indicators can be used for enumeration of the individual strategies of the company (Cummings and Worley 2014). The use of the KPI can help in gauging the effectiveness of the strategies that are employed for the achievement of the pre-determined strategic objectives of the corporation Mac Ville. The introduction of the KPI includes sequential steps that helps in associating the action plans, strategies and objectives to the organizational goals. List of KPIs that can be implemented include the following: -Process KPIs (Gordon 2013) -Input and Output KPIs (Hitt et al. 2012) -Outcome KPIs -Qualitative as well as quantitative KPIs Report: KPI progress report The current section outlines the progress report of the development as well as implementation of the strategic plans aimed at attainment of different strategic objectives of the firm Mac Ville. The strategic plan of enhancement of sales and servicing process of Mac Ville coffee machines can be gauged by the assessment of the strategic activity of the establishment of strategic alliance with the strategic partner Java estates. The evaluation of the progress reveals the fact that in place of installation of 200 machines per annum only 180 machines were installed. The KPIs indicate that Mac Ville was supposed to introduce warehouse in Melbourne within two years of introduction of the Sydney warehouse. However, no warehouse has been introduced yet and it is presently run using exclusive agency model. In addition to this, the company also had plans to introduce agent agreements as well as outsource maintenance agreements in different geographies but failed to institute service contractors in one of the locations (Northern Territory). Again, the Mac Ville have achieved success in instigating the bulk purchase negotiations with the suppliers to reduce price by 100% as per the KPI target. Moreover, the company had plans to optimize capacity as well as productivity indicated by the wages to turnover ratio of 12.5%. However, KPIs indicate that the company achieved only 13.8% of the target in this regard. Again, the company also intended to establish social, internet as well as networking marketing measured by the KPI plan of getting 10000 clicks on each day on companys websites. However, the company surpassed the target and received 12000 clicks per day on the websites. The actual figure for the KPI that measures the progress of co-branding strategy suggest that only 50% of the cafes use the machine of Mac Ville as against the target of 100%. The actual figure for the KPI that measures the progress of establishment of innovative practices as well as reward programs menti ons that 30 suggestions and 8 innovative programs have been introduced in actual in place of 25 suggestions and 6 new innovative practices. The actual figure for the KPI that measures the progress of development as well as implementation of campaigns for reduction of waste and efficient utilization of energy indicate that KW use per person have reduced to 10 Kw against the planned figure of 12 kw. Strategy Activity Target Achieved enhancement of sales and servicing process of Mac Ville Installation of machines 200 180 Increase in warehouse introduction Introduction of warehouse warehouse in Melbourne within two years of introduction of the Sydney warehouse - Setting up agents introduce agent agreements as well as outsource maintenance agreements in different geographies Agents in South Australia, Western Australia, Northern Territory, Tasmania as well as ACT Except for Northern Territory all other deadlines met Increasing profit margins instigating the bulk purchase negotiations with the suppliers 100% of purchases through container load 100% Increasing profit margins Operation at optimum capacity indicated by wages to turnover ratio of 12.5% wages to turnover ratio of 12.5% 13.8% brand development Establishment of the social as well as internet marketing for 10000 clicks in official websites 12000 clicks brand development Partnership with Java estates for co-branding (cafes with mac Ville machines) 100% 50% Reduction of waste and efficient utilization of energy Innovation and reward programs (25 suggestions and 6 innovations) (30 suggestions and 8 innovations) References Armstrong, M. and Taylor, S., 2014. Armstrong's handbook of human resource management practice. Kogan Page Publishers. Bass, S. and Dalal-Clayton, B., 2012. Sustainable development strategies: a resource book. Routledge. Bryson, J.M., 2012. Strategic Planning and. The SAGE Handbook of Public Administration, p.50. Cummings, T.G. and Worley, C.G., 2014. Organization development and change. Cengage learning. Eden, C. and Ackermann, F., 2013. Making strategy: The journey of strategic management. Sage. Gordon, G.L., 2013. Strategic planning for local government. ICMA Publishing. Hitt, M.A., Ireland, R.D. and Hoskisson, R.E., 2012. Strategic management cases: competitiveness and globalization. Cengage Learning. Hollensen, S., 2015. Marketing management: A relationship approach. Pearson Education. Joyce, P., Bryson, J.M. and Holzer, M., 2014. Introduction. In Developments in Strategic and Public Management (pp. 1-17). Palgrave Macmillan UK. Ward, J. and Peppard, J., 2016. The Strategic Management of Information Systems: Building a Digital Strategy. John Wiley Sons.

WalMart Essay Example For Students

WalMart Essay Wal-Marts philosophy has always been to provide everyday low prices and superior customer service. But this philosophy might have stared potential customers away from Wal-Mart. Many people, including myself, have the misconception that Wal-Mart only sells necessities that the average working class family can afford. An extreme eye opener for me was a recent television commercial by Wal-Mart. I saw that they also sold flat panel televisions, which is considered a luxury item for any social class. After going to their website to see what other luxury items Wal-Mart sold I was amazed at the number of items I found that were not the necessities which I stereotyped them selling. Wal-Mart has to change the publics opinion of the items that they sell and the types of people that it has in mind of serving. Sam Walton was the shrewd businessman behind the worlds largest retailer. After working his way through the University of Missouri as a newspaper delivery boy, he got a job in Des Moines, Iowa as a management trainee for J.C. Penny at a salary of $75 a month. We will write a custom essay on WalMart specifically for you for only $16.38 $13.9/page Order now Walton borrowed some money from his father-in-law and opened a variety store after serving as an Army captain in World War II. A chain of drugstores followed. He went into business with his brother Bud, and by 1960, the Waltons 15 stores were taking in $1.4 million a year. But Walton soon saw a challenging new competitor arise in the discount store. The Walton brothers opened their first Wal-Mart in 1962 in Rogers, Arkansas. Specializing in name brands at low prices, the chain of Wal-Mart stores sprang up across rural America. Wal-Marts sales grew to $26 billion by 1989, compared to $1 billion in 1980. By 1990, Wal-Mart was the largest U.S. retailer, with 1,700 stores. One year later Wal-Mart entered the international market for the first time with the opening of a unit in Mexico City. Within five years, Wal-Mart would enter Puerto Rico, Argentina, Brazil and China. Since then, Wal-Mart has built stores in Canada, Germany, Korea and the United Kingdom. Wal-Mart currently opens a new megastore every two business days and has expanded, on average, into one new country each year. . Walmart Essay Example For Students Walmart Essay Wal-Marts everyday low prices gives an edge over other retailers. Efficient IT infrastructure enables to smoothen inbound and outbound logistics. Distribution efficiencies reduces the dependency on the suppliers inefficiencies. Wide range of products provides customer anything and everything under one roof. Current dominating market position gives advantage in market development and penetration. economies of scale of scale Weaknesses- The weakness is that their overhead is expensive to run store facilities all over the world. Hierarchical corporate structure may impair decision-making. In an attempt to succeed by means of low prices, may possibly portray Walmart Essay as a cheap store. Market maturing Concentration in a low margin industry Zoning issues are the store real estate problems. Just because a company has the ability to build a huge store anywhere it wants to, it does not necessarily mean that it is possible to build one anywhere it wants to. The real estate issue becomes more evident in crowded cities such as Japan where there is a major concern over the availability of real estate. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Opportunities Expansion into emerging International markets Societal trend towards environmental friendly and American -made products Move toward value for money products in the slower economic growth Threats- Even though Wal-Mart is the largest retailer and most successful, they can still be threatened by many factors ranging from their main competitors, environmental, and economic factors. In many places in USA, Wal-Mart has faced the Anti Wal-Mart activists. According to them having Wal-Mart in the neighborhood kills the local retailers, increases the property taxes to pay for sewage, roads, utilities, and sidewalks. Regulations and political stability in the international markets Exchange rate fluctuations A union problem for ex.Germany has one of the highest degrees of unions and this has a profound effect on hiring, retaining, and laying off employees. Once an employee is hired, it costs more in Germany to keep the employee on payroll and to lay off the employee. German workers are one of the highest paid workers in the world. Capital intensive for expansion Challenges The main challenge for Walmart in the years to come is to make sure they continue to keep their customers and associates satisfied. In addition, to be a profitable corporation for their investors who own stock in Walmart. If they continue for excellence in these areas they are likely to be a great corporation now and in the years to come. However, if they fail at these areas then the challenge awaits them, which is avoiding bankruptcy Taking the organization ahead A roadmap from 2004 ton 2007: Internal product development : Our product-development team, working with Wal-Mart buyers, is driving significant improvement in key product categories such as apparel, domestics and electronics. Global procurement: Last year we assumed responsibility of global procurement from a third party. This allowed us to better coordinate the entire global supply chain from product development to delivery. In addition, our global procurement program allows us to share our buying power and merchandise network with all our operations throughout the world. Promote the Walmart Culture: All Wal-Mart leaders must understand our culture and our commitment to integrity. Thats why weve developed a number of leadership initiatives, including the Business Leadership Series, People Asset Reviews and accelerated programs for high-potential international managers. Leverage the core competencies we have developed in logistics, information systems and real estate : These competencies represent an essential part of our every day low cost commitment, which makes Every Day Low Prices possible. One of our favorite ways to introduce value is the Rollback program, which began in 1992 as a way of reminding Customers that were not resting on our Every Day Low Prices. .u74268a74cfe41f1acf098e26ea32fb7a , .u74268a74cfe41f1acf098e26ea32fb7a .postImageUrl , .u74268a74cfe41f1acf098e26ea32fb7a .centered-text-area { min-height: 80px; position: relative; } .u74268a74cfe41f1acf098e26ea32fb7a , .u74268a74cfe41f1acf098e26ea32fb7a:hover , .u74268a74cfe41f1acf098e26ea32fb7a:visited , .u74268a74cfe41f1acf098e26ea32fb7a:active { border:0!important; } .u74268a74cfe41f1acf098e26ea32fb7a .clearfix:after { content: ""; display: table; clear: both; } .u74268a74cfe41f1acf098e26ea32fb7a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u74268a74cfe41f1acf098e26ea32fb7a:active , .u74268a74cfe41f1acf098e26ea32fb7a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u74268a74cfe41f1acf098e26ea32fb7a .centered-text-area { width: 100%; position: relative ; } .u74268a74cfe41f1acf098e26ea32fb7a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u74268a74cfe41f1acf098e26ea32fb7a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u74268a74cfe41f1acf098e26ea32fb7a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u74268a74cfe41f1acf098e26ea32fb7a:hover .ctaButton { background-color: #34495E!important; } .u74268a74cfe41f1acf098e26ea32fb7a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u74268a74cfe41f1acf098e26ea32fb7a .u74268a74cfe41f1acf098e26ea32fb7a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u74268a74cfe41f1acf098e26ea32fb7a:after { content: ""; display: block; clear: both; } READ: The Issue Of College Tuition Essay . Walmart Essay Example For Students Walmart Essay Wal-Mart Current Situation Analysis Mission and Strategic Objectives We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Wal Mart Corporations mission statement can be identified as follows: Sam Walton built Wal-Mart on the revolutionary philosophies of excellence in the workplace, customer service and always having the lowest prices. We have always stayed true to the Three Basic Beliefs Mr. Sam established in 1962: 1.Respect for the Individual 2.Service to Our Customers 3. Strive for Excellence Wal-Mart is the worlds largest retailer, operating more than 5800 discount stores. Wal-Mart employs more than 1.5 million associates 885,000 in the United States and 225,000 internationally. Walton had a reputation for caring about his customers, his employees, and the community. In order to maintain its market position in the discount retail business, Wal-Mart executives continue to adhere to the management guidelines Sam developed. Walton was a man of simple tastes and took a keen interest in people. He believed in three guiding principles: 1.Customer value and service; 2.Partnership with its associates; 3.Community involvement. Strategy Wal-Mart succeeds in the United States simply by selling branded products at low cost. But that doesnt explain it all. Following is an analysis of Wal-Marts competitive strategy. Pricing Wal-Marts marketing strategy was to guarantee ;everyday low prices; as a way to attract customers. The traditional discount retailer, which relies on ;sales,; not only has to do more advertising and promotions but also has to rely more on catalog mailing, buildup of inventory before a sale, markdowns on the unsold inventory, etc. Wal-Mart stores operate according to their ;Everyday Low Price; philosophy. Wal-Mart has emerged as the industry leader because it has been better at containing its costs, which has allowed it to pass on the savings to its customers. Wal-Mart has become a capability competitor. With such low wages for those who make the Bratz dolls, Wal-Mart can profit greatly while still providing low prices to its customers. In a global labor market, it is the companies who can find the cheapest, most exploitable conditions, with little worker protection or regulations that will profit the greatest. Distribution System About 85 percent of all the merchandise that Wal-Mart sold was shipped through its distribution system to the stores (competitors averaged less than 50 percent). Wal-Mart used a ;saturation; strategy for store expansion. The standard was to be able to drive to a store within a day from a distribution center. A distribution center was strategically placed so that it could eventually Information System First and most important thing about Wal-Marts information system is precisely that the customers needs come first. Wal-Mart had implemented a satellite network system that was used to share information between the companys network of stores, distribution centers and suppliers so orders could be consolidated, enabling the company to buy full truckloads without incurring excess inventory costs. Increase flexibility, insured 100 percent in-stock position increased store-selling space (by reducing the space required for back-room inventory storage). Store-level data were collected, analyzed and transmitted electronically to see how a particular region, district, store, department within a store or item was performing. This eliminated stock-outs, reduced the need for markdowns on slow-moving stock and maximized inventory turnover. The benchmark information across stores was also a valuable tool to help problem stores. 1) The CustomerOne of Waltons deepest beliefs was that the customer is always right, and his stores are still driven by this philosophy. When questioned about Wal-Marts secrets of success, Walton has been quoted as saying; It has to do with our desire to exceed our customers expectations every hour of every day; 2) The AssociatesWaltons greatest accomplishment was his ability to empower, enriches, and trains his employees. He believed in listening to employees and challenging them to come up with ideas and suggestions to make the company better. At each of the Wal-Mart stores, signs are displayed which read; Our People Make the Difference. Associates regularly make suggestions for cutting costs through their Yes We Can Sam program. One of Wal-Marts goals was to provide its employees with the appropriate technological tools, in order to do their jobs more efficiently, and succeed in the retail market. Wal-Mart has grown from a single store open by Sam Walton in 1962 to a global corporation. .uc0c37d335e34bdee91ec367aa556efd8 , .uc0c37d335e34bdee91ec367aa556efd8 .postImageUrl , .uc0c37d335e34bdee91ec367aa556efd8 .centered-text-area { min-height: 80px; position: relative; } .uc0c37d335e34bdee91ec367aa556efd8 , .uc0c37d335e34bdee91ec367aa556efd8:hover , .uc0c37d335e34bdee91ec367aa556efd8:visited , .uc0c37d335e34bdee91ec367aa556efd8:active { border:0!important; } .uc0c37d335e34bdee91ec367aa556efd8 .clearfix:after { content: ""; display: table; clear: both; } .uc0c37d335e34bdee91ec367aa556efd8 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc0c37d335e34bdee91ec367aa556efd8:active , .uc0c37d335e34bdee91ec367aa556efd8:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc0c37d335e34bdee91ec367aa556efd8 .centered-text-area { width: 100%; position: relative ; } .uc0c37d335e34bdee91ec367aa556efd8 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc0c37d335e34bdee91ec367aa556efd8 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc0c37d335e34bdee91ec367aa556efd8 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc0c37d335e34bdee91ec367aa556efd8:hover .ctaButton { background-color: #34495E!important; } .uc0c37d335e34bdee91ec367aa556efd8 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc0c37d335e34bdee91ec367aa556efd8 .uc0c37d335e34bdee91ec367aa556efd8-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc0c37d335e34bdee91ec367aa556efd8:after { content: ""; display: block; clear: both; } READ: International Business Law, Go Essay Wal-Mart is presently the largest private employer, hiring directly for its own needs, . Walmart Essay Example For Students Walmart Essay Relationship Marketing King Wal-Mart Still No. 1 by Doug Edge April 29, 2003 The economists are still telling us how bad the U.S. economy is, but dont say anything about the bad economy to your local Wal-Mart greeter. His or her employer just witnessed revenues grow by 12 percent in 2002, to $246. 5 billion. He or she will probably proudly let you know that Wal-Mart Stores Inc. was just ranked number oneagainby Fortune magazine, leading the top 500 corporations for a second year in a row. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now How do they do it? Sam Waltons 1992 book Made In America has all the details, but let me sum up: Wal-Mart knows relationship marketing. Rule No. 8 of Sams Rules for Building A Business; holds the secret to this winning formula of success. He says, ;Let them (your customer) know you appreciate them.; So what has Wal-Mart done to show that they appreciate their customers? They use one-to-one relationship marketing tactics, executed by the famous Wal-Mart greeter. The Wal-Mart greeting was the original method used by the giant retailer to show customers that they are appreciated. A greeter at the door thanks customers for coming in, assists with a shopping cart, and provides a ;goodbye thank you; upon departing the store. The friendly senior citizen dressed in the blue vest conveys warmth and personality to every guest entering or exiting a Wal-Mart store. So why dont others adopt this simple marketing tactic? Some do. Meijer retail stores also use greeters; many restaurants, hotels and other businesses do the same. But most dontbecause relationship marketing is not as simple as it seems. It takes a type of commitment different than traditional marketing. Relationship Marketing Has 4 Key Components: It has to be personalized. Personalization can come in the form of a highly targeted direct mail piece, a phone call or email. Obviously the handshake and a smile illustrated by Wal-Mart greeters also work well in personalizing the relationship. It has to be targeted. Wal-Mart invests money in maintaining relationships with existing customers. By targeting this group, Wal-Mart establishes long-term relationships with their most loyal shoppers. Targeting customers through programs that reward loyalty can result in big returns over the life of the customer. It has to be meaningful. Your marketing message has to connect in an emotional way to establish a lasting relationship. If the Wal-Mart greeter did not look you in the eye while saying ;hello,; the greeting would not have a lasting impact. It should be interactive. Many Wal-Mart greeters learn the names of frequent shoppers. Walmart Essay.com, a subsidiary of Wal-Mart Stores Inc., does a great job of asking for the relationship online by providing special offers to those who supply their email address. It is important to make relationship marketing interactive so you can hear feedback, determine what is working and what is not. These key components are essential in relationship marketing programs even if your target audience is not the price-conscious retail shopper that Wal-Mart attracts. Business Relationship Marketing Can Be Achieved By Following These Tactics: Develop a relationship by mixing knowledge with fun. Plan events for clients and prospects that educate while offering entertainment and social interaction. Send out a monthly eNewsletter or eZine with useful content that connects to your clients and prospects. This tactic will show them that you care about their business and value their time by providing them information they can use. Stay away from a sales focus. Instead, provide industry and product news with some entertainment value. Initiate an appreciation program. Send customers thank you cards or gifts after making a purchase. You can also send a thank you gift to show appreciation for their business on the account anniversary date. Look for ways to help your clients and prospects beyond your own capabilities. .uc57ba890555350ff639346f1a6f7d49a , .uc57ba890555350ff639346f1a6f7d49a .postImageUrl , .uc57ba890555350ff639346f1a6f7d49a .centered-text-area { min-height: 80px; position: relative; } .uc57ba890555350ff639346f1a6f7d49a , .uc57ba890555350ff639346f1a6f7d49a:hover , .uc57ba890555350ff639346f1a6f7d49a:visited , .uc57ba890555350ff639346f1a6f7d49a:active { border:0!important; } .uc57ba890555350ff639346f1a6f7d49a .clearfix:after { content: ""; display: table; clear: both; } .uc57ba890555350ff639346f1a6f7d49a { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uc57ba890555350ff639346f1a6f7d49a:active , .uc57ba890555350ff639346f1a6f7d49a:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uc57ba890555350ff639346f1a6f7d49a .centered-text-area { width: 100%; position: relative ; } .uc57ba890555350ff639346f1a6f7d49a .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uc57ba890555350ff639346f1a6f7d49a .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uc57ba890555350ff639346f1a6f7d49a .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uc57ba890555350ff639346f1a6f7d49a:hover .ctaButton { background-color: #34495E!important; } .uc57ba890555350ff639346f1a6f7d49a .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uc57ba890555350ff639346f1a6f7d49a .uc57ba890555350ff639346f1a6f7d49a-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uc57ba890555350ff639346f1a6f7d49a:after { content: ""; display: block; clear: both; } READ: Essay on Obamacare: A Rocky Start To A Smoother Future Essay Refer them to other quality vendors, share an article related to their business or put them in touch with someone who can help. This will go a long way in building a relationship. Make phone calls. Email is easy but picking up the phone and thanking someone for using your company can go a long way. Dont forget the value of real conversations and face-to-face meetings. There is a reason why Wal-Mart employs more . Walmart Essay Example For Students Walmart Essay Wal-Mart is the Worlds largest grocery retailer and control of its empire, despite its IT advantages, could leave it weak in some areas due to the huge span of control. Since Wal-Mart sell products across many sectors (such as clothing, food, or stationary), it may not have the flexibility of some of its more focused competitors. The company is global, but has has a presence in relatively few countries Worldwide. Opportunities To take over, merge with, or form strategic alliances with other global retailers, focusing on specific markets such as Europe or the Greater China Region. The stores are currently only trade in a relatively small number of countries. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Therefore there are tremendous opportunities for future business in expanding consumer markets, such as China and India. New locations and store types offer Wal-Mart opportunities to exploit market development. They diversified from large super centres, to local and mall-based sites. Opportunities exist for Wal-Mart to continue with its current strategy of large, super centres. Threats Being number one means that you are the target of competition, locally and globally. Being a global retailer means that you are exposed to political problems in the countries that you operate in. The cost of producing many consumer products tends to have fallen because of lower manufacturing costs. Manufacturing cost have fallen due to outsourcing to low-cost regions of the World. This has lead to price competition, resulting in price deflation in some ranges. Intense price competition is a threat. Wal-Mart Stores, Inc. is the worlds largest retailer, with $256. 3 billion in sales in the fiscal year ending Jan. 31, 2004. The company employs 1.6 million associates worldwide through more than 3,600 facilities in the United States and more than 1,570 units . . . more? Go toWal-Mart Facts Disclaimer: This case study has been compiled from information freely available from public sources. It is merely intended to be used for educational purposes only. . Walmart Essay Example For Students Walmart Essay Generally people have little knowledge of the actual gist beside the term genetically engineered foods? It may sound like a harsh term, yet to some, it has little to no importance. Genetic engineering basically means to remove genes from one organism such as a plant or an animal, and transferring it to another or altering genes from a plant or an animal in order to attain certain results. Much debating goes on about the issues in the controversy over genetically engineered foods. While some people do not seem to mind it, or choose to foresee the issues regarding it, some people have much stronger feelings against the practice. Many important issues evolve around genetically engineered foods, but a few of the main issues consist of whether consuming good generated via genetic engineering will prove itself as safe, helpful and beneficial to health. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Many people have feelings of uncertainty about consuming genetically engineered food, as a result of uncertainty about the safety of doing so. In the article, Frankenfood Frenzy, consumers and health activist groups find genetic engineering on food unsafe. In addition, Greenpeace calls genetically modified food biological pollution (Frenzy 1). People tend to feel that consuming genetically modified foods could have harmful results and could in the long run contribute towards the development of health problems (Frenzy 1). Yet on the other hand, to some people genetically engineered bear out safety. Gregory Jaffe and Doug Sherman, co-directors of the Biotechnology Project at the Center for Science stated that people should not portray nervousness about eating genetically engineered foods. He mentioned that in most cases, people do not actually eat those genes. For example, by the time a genetically engineered corn plant gets processed into corn oil or corn syrup, virtually none of the genes remain in the food (Jaffe 2). Doug Sherman stated that genetically engineered food should undergo proper testing procedure because of two major concerns. One concern links to the new genes or proteins engineered and whether they might produce toxins that can harm in the short or long term, or whether the new gene might produce a protein that triggers an allergic reaction in a person who eats the food. No other worries involve this matter. (Sherman 2). Many controversial issues have existed about the helpfulness of genetically engineered food and many views on whether or not genetically engineered foods helped health got expressed. Some say that genetically engineered foods can help. The article, Frankenfood Frenzy stated that researchers have found a way to enrich rice with beta-carotene by inserting genes from a bacterium and a daffodil. This way the body converts the beta-carotene into vitamin A. By adding another gene derived from a French bean, the iron content of rice can and will possibly double. This genetically modified rice could become available to farmers as soon as 2003. This genetic engineering promises to save millions of people in poor countries (Frenzy 1). In addition to that, the article stated that products derived from agricultural genetic engineering available today include crops resistant to disease and insect, therefore resulting in fruits that stay fresh longer, and cow hormones that lead to increased milk production. These advances include foods containing vaccines and antibodies that fight diseases like hepatitis and cholera, and foods modified to eliminate common allergens (Frenzy 1). The article Hybrid Vim and Vigor, also proved genetically engineered foods uphold its helpfulness. The author, William L. Brown, researcher of George Shulls experiments with inbreeding and crossbreeding corn, stated that the adoption of hybrid corn progressed steadily and dramatically in the Corn Belt. This leads to the increase of more bushels of corn per acre. In addition, the value of corn to the farmer advanced to several billion dollars per year (Brown 2). Genetically engineered foods have brought many controversial issues up amongst society in the past as well as in the future. Many people feel that without the help of genetically engineered foods, society would have many problems that exist beyond a reasonable doubt. Such issues, such as genetically engineered food, give people different mind sets by which they adhere to. Some find genetically engineered foods to be beneficial, while some find it to be harmful. .ua27a4d7dce0da0bbddff1cc13d35a738 , .ua27a4d7dce0da0bbddff1cc13d35a738 .postImageUrl , .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text-area { min-height: 80px; position: relative; } .ua27a4d7dce0da0bbddff1cc13d35a738 , .ua27a4d7dce0da0bbddff1cc13d35a738:hover , .ua27a4d7dce0da0bbddff1cc13d35a738:visited , .ua27a4d7dce0da0bbddff1cc13d35a738:active { border:0!important; } .ua27a4d7dce0da0bbddff1cc13d35a738 .clearfix:after { content: ""; display: table; clear: both; } .ua27a4d7dce0da0bbddff1cc13d35a738 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ua27a4d7dce0da0bbddff1cc13d35a738:active , .ua27a4d7dce0da0bbddff1cc13d35a738:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text-area { width: 100%; position: relative ; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ua27a4d7dce0da0bbddff1cc13d35a738 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ua27a4d7dce0da0bbddff1cc13d35a738:hover .ctaButton { background-color: #34495E!important; } .ua27a4d7dce0da0bbddff1cc13d35a738 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ua27a4d7dce0da0bbddff1cc13d35a738 .ua27a4d7dce0da0bbddff1cc13d35a738-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ua27a4d7dce0da0bbddff1cc13d35a738:after { content: ""; display: block; clear: both; } READ: Child Prostitution and Pornography Exploratory Ess Essay Many important issues evolve . Walmart Essay Example For Students Walmart Essay By exploiting core competencies firms can develop value creating strategies which are superior to their competitors. Wal-Mart are experts at using there core competencies to become superior to their competitors. There are three resources which allow a company to create a core competency. Tangible resources consist of assets that can be seen, financial resources (borrowing capacity), physical resources, organizational structure and technology. Wal-Mart is a huge and very powerful company and therefore uses its ability of lending to become a core competency. Intangible resources are characterized by human resources, resource for innovation, and reputation. This category is where Wal-Mart excels against all its competitors. Knowledge, training and corporate culture possessed by employees may be one of the most significant sources of core competencies and competitive advantages throughout the business world. This is due to being very hard to copy or substitute for. Brand equity consists of brand name and maintaining brand equity. Wal-Mart are masters at using this resource as an advantage over their competitor are Wal-Marts emphasis is on its image of everyday low prices and high quality goods when marketing. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Wal-Mart uses many different channels when marketing itself. It uses television, radio, monthly circulars, weekly newspapers and many more channels. Each one of these channels can be used in an unique way to emphasize Wal-Marts position of selling quality products at low prices. Radio usually grabs the audiences attention by promoting products which are experiencing high demand. Both of these channels are made stronger by the use of newspapers adverts and monthly circulars. In these marketing channels deeply discounted items are highlighted to the potential competitors and these items help lure the customers into the stores. The idea of having quality for less is a good marketing plan because it gets people into the store. It also offers a competitive advantage over the competitors because they can not financially match Wal-Mart prices. This is due to Wal-Mart having better use of financial resources, technology and physical resources. By censoring some products Wal-Mart are trying to market themselves as a company with good values. They use this to attract families. Unfortunately this plan has negative and positive effects. A negative effect is the effect of preventing or manipulating artistic freedom. Due to Wal-Marts restrictions many singers have changed their work. This can be seen as bad for society when one firm dictates what sort of art is released. It could also hurt Wal-Mart financially if it alienates people who do not believe in censorship or if public opinion towards censorship changes. On the positive side their censorship strategies help strengthens their market position of being there for the family and community. A major strength of Wal-Mart is its service-scapes or in store atmosphere. When you walk into any Wal-Mart you are met by happy and helpful staff. This helps strengthen the firms brand image of being a nice and community based firm. All Wal-Mart stores have a lot of nightlights which allow sunlight to enter the store. Many of Wal-Marts competitors like K-mart and Target do not use this idea which lowers the cost of lighting and more importantly makes people happier and more trusting in your products. Target and K-mart, who are Wal-Marts competitors, do not have a happy, community feeling in their stores. A clever marketing idea which Wal-Mart uses to emphasize its commitment to a position of friendly service is the yellow smiling face which rolls back the prices. In this small idea Wal-Marts core competencies are highlighted, lower prices with friendly service. None of its competitors have been able to copy this competitive advantage and this shows why Wal-Mart are far superior with sales. Another marketing strategy Wal-Mart uses is involving each store in the local community. By sponsoring local teams and showing pictures of them it helps manipulate the customers into believing the Wal-Mart cares about the community and gives as well as takes. This is a major competitive advantage Wal-Mart has over its competitors. Buy American is another advertisement which Wal-Mart uses to make people feel better or happier about shopping at Wal-Mart. .u882c393c93c9d414ece1c792fdaf669d , .u882c393c93c9d414ece1c792fdaf669d .postImageUrl , .u882c393c93c9d414ece1c792fdaf669d .centered-text-area { min-height: 80px; position: relative; } .u882c393c93c9d414ece1c792fdaf669d , .u882c393c93c9d414ece1c792fdaf669d:hover , .u882c393c93c9d414ece1c792fdaf669d:visited , .u882c393c93c9d414ece1c792fdaf669d:active { border:0!important; } .u882c393c93c9d414ece1c792fdaf669d .clearfix:after { content: ""; display: table; clear: both; } .u882c393c93c9d414ece1c792fdaf669d { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u882c393c93c9d414ece1c792fdaf669d:active , .u882c393c93c9d414ece1c792fdaf669d:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u882c393c93c9d414ece1c792fdaf669d .centered-text-area { width: 100%; position: relative ; } .u882c393c93c9d414ece1c792fdaf669d .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u882c393c93c9d414ece1c792fdaf669d .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u882c393c93c9d414ece1c792fdaf669d .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u882c393c93c9d414ece1c792fdaf669d:hover .ctaButton { background-color: #34495E!important; } .u882c393c93c9d414ece1c792fdaf669d .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u882c393c93c9d414ece1c792fdaf669d .u882c393c93c9d414ece1c792fdaf669d-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u882c393c93c9d414ece1c792fdaf669d:after { content: ""; display: block; clear: both; } READ: Autism Essay Its competitors do not give their products any character where as Wal-Mart sell their products as a package. If you buy fishing tackle from Wal-Mart . Walmart Essay Example For Students Walmart Essay The first Wal-Mart Store was opened in 1962 by Sam Walton. This small-town merchant, who had operated a variety of stores in Missouri and Arkansas, was convinced consumers would flock to a discount store with a wide variety of merchandise and friendly service. This company has flourished into the worlds number one retailer. From this the company has reached out into grocery (Wal-Mart Supercenters), international operations, membership warehouse clubs (Sams Club), and deep discount warehouse outlets. These expansions into other types of retail have given the corporation even more room for growth. Wal-Marts financial explosion has also lead to the creation of many jobs. With the creation of 85,000 new Wal-Mart jobs, the number of employee for this giant is upwards of 600,000 in the United States alone. Bibliography: . We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Walmart Essay Example For Students Walmart Essay Case Analysis: Wal-Mart History/Development/Growth Sam Walton founded wal-Mart in 1962. Much of Wal-Marts success can be attributed to him. He was very simple and ran his company that way. He emphasized hard work and ambition. When the company was in its earlier stages he made it a point to visit every Wal-Mart once a year. He didnt just visit each Wal-Mart and talk with management. He would lead a cheer with the associates. The term associates, which he picked up from his experience working for JC Penneys. He also ran a Ben Franklin franchise with his brother that became extremely profitable. He eventually lost the lease on the store and founded Wal-Mart. They originally started off with 15 stores in the state of Arkansas. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now David Glass took over as president of the company in 1984. Then in 2000 Lee Scott was named CEO. Scott happened to be recruited by David Glass early in his career. Wal-Mart is now the largest retailer in the world with revenues of 165 billion. Internal Strengths and Weaknesses At first glance Wal-Mart seems to be exactly like the next retailer such as Kmart. There are a few distinguishing characteristics that separate them from the rest. First, they always build distribution centers before opening store locations, which saved costs on distribution overhead. Second, they have the most sophisticated inventory system. It operates in real time. As soon as an item is scanned at checkout it is directly sent to inventory and new products are automatically ordered. This process also helps with speedier projections and sales information. Third, they have an outstanding company culture. The same culture that Mr. Sam himself had emulated. Along these same lines, they emphasized a high value for associates, which is what they call their employees. As well as being more service oriented. They also found the delicate balance between having low prices and appearing too cheap. External Environment During the 80s and early 90s retailers when through some difficult times. There was a large increase in competitive pressure, which resulted in much lower margins. At the time most households did not have much discretionary spending. Therefore consumer spending was very limited. There was only enough money for the essentials. The entire economy was in a recession. Around 1998, unemployment was at an all-time low. Total household income was up and inflation was very low. All of a sudden buying power was higher and consumers were willing to buy. The United States is still experiencing one of the longest periods of economic expansion in its history. SWOT StrengthsDistribution centersCultureInventory SystemBargaining Weaknesses OpportunitiesMore storesIncorporate grocery itemsBuy out remaining competitionThreatsCompetition Corporate Level Strategies At the corporate level, Wal-Mart tries to stay ahead of the game. From the very beginning they have been for rapid expansion. They are currently located in nine different countries as well as all 50 states. They have also tried new retail formats such as Sams Club. They also take pride in their stores upgrading and refurbishing. They are also building new distributions centers all the time. They are currently working on expanding into Canada, Asia, South America, and Europe. They also have their own dog food line name after Sams dog, Ol Roy, which was a top seller. Business Level Strategies At the business level there is a large emphasis on customers, provide what they want, when they want it; at a value. They also take a lot of pride in their associates. Average employees make 7.50/hour. They also incorporate teamwork into each store. They stress that employees treat each other how they want to be treated. .u97b4ac0214dab77ba66332f2cb09bfef , .u97b4ac0214dab77ba66332f2cb09bfef .postImageUrl , .u97b4ac0214dab77ba66332f2cb09bfef .centered-text-area { min-height: 80px; position: relative; } .u97b4ac0214dab77ba66332f2cb09bfef , .u97b4ac0214dab77ba66332f2cb09bfef:hover , .u97b4ac0214dab77ba66332f2cb09bfef:visited , .u97b4ac0214dab77ba66332f2cb09bfef:active { border:0!important; } .u97b4ac0214dab77ba66332f2cb09bfef .clearfix:after { content: ""; display: table; clear: both; } .u97b4ac0214dab77ba66332f2cb09bfef { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u97b4ac0214dab77ba66332f2cb09bfef:active , .u97b4ac0214dab77ba66332f2cb09bfef:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u97b4ac0214dab77ba66332f2cb09bfef .centered-text-area { width: 100%; position: relative ; } .u97b4ac0214dab77ba66332f2cb09bfef .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u97b4ac0214dab77ba66332f2cb09bfef .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u97b4ac0214dab77ba66332f2cb09bfef .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u97b4ac0214dab77ba66332f2cb09bfef:hover .ctaButton { background-color: #34495E!important; } .u97b4ac0214dab77ba66332f2cb09bfef .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u97b4ac0214dab77ba66332f2cb09bfef .u97b4ac0214dab77ba66332f2cb09bfef-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u97b4ac0214dab77ba66332f2cb09bfef:after { content: ""; display: block; clear: both; } READ: The Lottery And Religon EssayRecommendations As far as recommendations are concerned I couldnt really come up with anything. The only thing that came to my mind was the grocery store. If Wal-Mart incorporated groceries into their stores they would put all the rest out of business. I dont think they would have to be cheaper either. The convenience of going to Wal-Mart and getting your grocery shopping done at the same time would be too easy to exploit. They seem to be expanding already as it is but I would definitely continue expansion. . Walmart Essay Example For Students Walmart Essay The first Wal-Mart Store was opened in 1962 by Sam Walton. This small-town merchant, who had operated a variety of stores in Missouri and Arkansas, was convinced consumers would flock to a discount store with a wide variety of merchandise and friendly service. This company has flourished into the worlds number one retailer. From this the company has reached out into grocery (Wal-Mart Supercenters), international operations, membership warehouse clubs (Sams Club), and deep discount warehouse outlets. These expansions into other types of retail have given the corporation even more room for growth. Wal-Marts financial explosion has also lead to the creation of many jobs. With the creation of 85,000 new Wal-Mart jobs, the number of employee for this giant is upwards of 600,000 in the United States alone.Bibliography: We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now WalMart Essay Example For Students WalMart Essay The purpose of this paper is to compare the revenue recognition policies of two companies in the search, detection, navigation, guidance, and aeronautical systems industry. The two companies I have selected are Aerosonic Corporation, and Esco Electronics Company. Esco Electronics Company is engaged in the design, manufacture, sale and support of engineered products. These products are used principally in filteration/fluid flow applications, electromagnetic compatibility (EMC) testing, and electric utility communications and control systems. The filtration/fluid flow and EMC testing products are supplied to a broad base of industrial and commercial customers worldwide. At the present time, electric utility communications systems are marketed primarily to customers in North America. The four primary industry segments of Esco are Filtration/Fluid Flow, Test, Communications, and other. In order for Esco to conform with generally accepted accounting principles, management must make careful estimates in preparing the financial statements. These estimates are for anticipated contract costs and revenues earned during the life of the contract. These amounts affect the reported amounts of assets and liabilities on the companys financial statements. Actual results could differ from these numbers. We will write a custom essay on WalMart specifically for you for only $16.38 $13.9/page Order now Revenues are recognized on commercial sales when products are shipped or when services are performed. Revenue on production contracts are recorded when specific contract terms are fulfilled. These amounts are determined either by the units of production or delivery methods. Revenues from cost reimbursement contracts are recorded as costs are incurred, plus fees earned. Revenue under long-term contracts in which the previous two methods are inappropriate, the percentage-of-completion method is used. Revenue under engineering contracts are generally recognized as certain milestones are attained. The percentage-of-completion method recognizes a portion of the estimated gross profit for each period based on progress to date. Progress to date is based on three factors. These three factors are the costs incurred to date, the most recent estimate of the projects total cost, and the most recent gross profit percentage. Progress to date is assumed to be the proportion of the projects costs incurred to date divided by total estimated costs. This fraction is known as the estimated percentage of completion, and is the estimated percentage of completion. However, he biggest flaw with this method is that it only deals with costs. This means that there may not be strong correlation between physical progress and costs incurred. Conceptually, one would want to match revenues when the earnings process is judged to be complete. Since costs dont necessarily mean physical completion, the revenues may not represent actual completion. However, this method does match all revenues with appropriate expenses. The audit risks associated with this method is that cost incurrence could be accelerated to increase the estimate of the percentage completed. Lets say Esco is performing a three-year contract. For simplicity, lets say the contract price is $1000. The first year of the contract, actual costs incurred to date is $200, and the estimated remaining costs is $400. This would call for a projected $400 gross profit on the entire project ($1000-$600). To figure out the gross profit for the first year, you would take the actual costs to date ($200) and divide that by the estimated total cost ($600). This equals the estimated percentage of completion (33%). You would then take this number and multiply it by the total project gross profit (33%*$400), and that would be the gross profit earned to date. In subsequent years, you would take the profit earned to date and subtract from it the gross profit recognized in previous years. The next company Id like to talk about is Aerosonic Corporation, who is in the same industry as Esco. The primary business of Aerosonic Corporation is to manufacture and sell aircraft instruments to government and commercial users from its plants in Florida, Virginia, and Kansas. Prior to 1996, the company also sold non-munitions components for artillery projectiles to the U.S. government and automotive and truck parts to commercial customers. .u81a8fbddca394964b637e0379e403678 , .u81a8fbddca394964b637e0379e403678 .postImageUrl , .u81a8fbddca394964b637e0379e403678 .centered-text-area { min-height: 80px; position: relative; } .u81a8fbddca394964b637e0379e403678 , .u81a8fbddca394964b637e0379e403678:hover , .u81a8fbddca394964b637e0379e403678:visited , .u81a8fbddca394964b637e0379e403678:active { border:0!important; } .u81a8fbddca394964b637e0379e403678 .clearfix:after { content: ""; display: table; clear: both; } .u81a8fbddca394964b637e0379e403678 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u81a8fbddca394964b637e0379e403678:active , .u81a8fbddca394964b637e0379e403678:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u81a8fbddca394964b637e0379e403678 .centered-text-area { width: 100%; position: relative ; } .u81a8fbddca394964b637e0379e403678 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u81a8fbddca394964b637e0379e403678 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u81a8fbddca394964b637e0379e403678 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u81a8fbddca394964b637e0379e403678:hover .ctaButton { background-color: #34495E!important; } .u81a8fbddca394964b637e0379e403678 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u81a8fbddca394964b637e0379e403678 .u81a8fbddca394964b637e0379e403678-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u81a8fbddca394964b637e0379e403678:after { content: ""; display: block; clear: both; } READ: Love and Marriage Essay The companys customers are worldwide. Aerosonic generally recognizes revenue from sales of its products on the accrual basis on the date such products are shipped. In certain circumstances, the U.S. government accepts title of products, even though the products are on the Companys premises. When the U. S. government accepts title in writing, and assumes all risks . Walmart Essay Example For Students Walmart Essay Most admired company Stores in all 50 states Nations largest company Does not have a formal mission statement 3 basic beliefs of founder Respect for the individual Service to our customers Strive for excellence Started an IPO in 1970 1999 #1 Stock in the DOW Implementing two new concepts 1. hypermarkets 200000 sq. ft stores that sell everything 2. Supercenters scaled down supercenters International sales were 16.7% of total company sales in fiscal 2003 Operated internationally in 9 years Hometown USA stores. .to provide the neighboring towns with their needs Starting own clothing lines Acquired McLane Company INC.(largest suppliers of food and merchandise to convenient stores) Sams clubs membership cards different levels of cards 32 billion dollar business Supercenters are the companies faster growing division limited of distribution (working to expand food distr.) Locate supercenters by major food stores to provide customers with the option to choose over price, Walmart Essay almost always win this battle and drives the competitors out of town or business One stop shop We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now 238 supercenters and 71 samclubs internationally after the fiscal year of 2003 united kingdom leader Tesco trying to increase scale of international operation(threat) walmart opposes unions (threat) has worlds largest private satellite communication systems enables to control distribution owns a fleets of truck that deliver goods to any stores with 38-48 hours of the time of order back-haul helps cut cost leads the industry in info technologies Walmart.com profits not made easily over internet.. issues of cost of delivery, merchandise return, and data security All employees have a stake in financial performance and could result in a bonus or promotion . Walmart Essay Example For Students Walmart Essay Wal-Mart is a general merchandise discount retailer, which was incorporated in 1962. Wal-Marts history is based on one man, Sam Walton, who changed the course of retailing forever. Sam Walton first entered retailing when he was a management trainee at J.C. Penny Co. in 1940 in Des Moines, Iowa. After serving in the Army in World War II, Walton acquired a Ben Franklin variety store franchise with his brother James Walton in Newport Arkansas, until they lost the lease to the store in 1950. By 1962, when the first Wal-Mart Discount City was opened in Rogers Arkansas, both Waltons were operating fifteen stores under the Walton 5 10 name, and were the largest Ben Franklin franchisee in the country. Limited pricing, low gross margins, and high inventory turnover characterized these stores. Walton phased out the stores in 1976 in order to focus on the emerging Wal-Mart stores. In 1978, the first distribution center was built, followed by the first Wal-Mart Supercenter in 1983 and a Sams Club in 1988. We will write a custom essay on Walmart specifically for you for only $16.38 $13.9/page Order now Important to Walton, and ultimately Wal-Mart, are certain philosophies that were amounted over time. Walton held these values tightly, and engrained them in the Wal-Mart cultures. From his experience at J.C. Penny Co. he was impressed with the philosophies they used (e. g. The Penny Idea) and used them to mold Wal-Mart. This included referring to employees as associates, serving the public to their complete satisfaction, and receiving a fair profit from services rendered. Waltons theory on what Wal-Mart should be is a conveniently located one-stop shopping unit where customers could buy a wide variety of quality merchandise at discount prices. And as Wal-Mart grew, management sought a firm that was a discount department store chain offering a wide variety of general merchandise to the customer. It was on these values and philosophies that Wal-Mart expanded. Wal-Mart has grown above and beyond the Arkansas store that opened thirty-nine years ago. It serves more than 100 million customers weekly in all of the 50 states, plus Puerto Rico, Canada, China, Mexico, Brazil, Germany, United Kingdom, Argentina, and South Korea. Wal-Marts current operating numbers are: Total Worldwide Associates1,240,000 Wal-Marts financial numbers have grown substantially as well. At the end of the fiscal year 2000, total company sales reached $191 billion dollars. This was an increase over the previous year of 15.9%. Total international sales amounted to $32 billion dollars at the end of the 2000 fiscal year, which was an increase of 41% over the previous year. Wal-Mart is widely recognized as one of the leading discount variety store chains. It is the nations largest discount department store chain, and also one of the largest discounters in the nation in terms of sales dollars. Nations largest discount department store chain. A company with a very defined mission set by Sam Walton. Good distribution concepts with no one store more than 6 hrs. away from warehouse. Constant expansion over lifetime of company. Offers a variety of merchandise for its consumers. Valued their employees and consumers happiness. Everyday Low prices advertising campaign. First retailer to embrace green marketing. Inventory Control system is the best in retail industry. Support of different community activities. Illustrates low prices and at the same time, not portray a cheap image to consumer. Viewed by some consumers as Mom and Pop shop killers. Industry competes on many similar elements. Over exposure to many close markets. Expanding the Sams Club brand and Superstores Partnerships with other businesses to house in store. Inability to enter the Urban Market. Fierce Competition: Kmart, Sears and Target. Getting caught in price wars with competition Economic uncertainty and buying patterns of consumers. Factory Outlet stores with lower price strategies. 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ToysRUs and Home Depot. Wal-Mart targets a wide variety of consumers with many different strategic advertising campaigns. Have you ever heard of that Everyday low prices slogan? This is an example of Wal-Marts mass marketing approach to the marketplace. Wal-Marts specific target market ranges from 25 years old and up. Wal-Mart targets the family oriented consumer who is looking for a good value at a low price. Wal-Mart has numerous strengths and weaknesses that must be analyzed to better understand their industry. (See Appendix for Porters Five Forces analysis of the .