Personal Ambiguity In Great Expectations - 1397 Words

Ambiguity draws across anyone, when they are seeking a coherent meaning in their life. The fabric that weaves together existence can be baffling when one seeks to analyze it. The search for self, as well as knowing and trusting one’s self is echoed through out literature humanity; it could be haunting and cause great trepidation, to hold on to a vision that could alter their judgement; as well can cause a fierce storm in the supreme realm that is objective truth. Great Expectations, by Charles Dickens, is a coming of age story of a young man named Pip, seeking to establish stability, as well as find meaning in his life through love and self identification. The purpose of this assignment is to propose that Pip was personally reflecting†¦show more content†¦There are salient junctures in Pip’s upbringing that make him who the person he was; this is a tale that in which Pip was soliciting for the awareness of himself, as well he realized that his life had major e lements of obscurity; due to the fact he was presented clearly two radical different lifestyle choices; one, involving a life as a blacksmith; and the other, involving the path as life as an affluent and prosperous gentleman. Dickens carefully wrote in the periods of Pip’s life; and how those set of circumstances affected by his choices, as well as affected Pip’s later choices he had made. The temptation of class and wealth perverted the actions of Pip and other people that were around him; Pip was therefore contemplating on how he was saved, by reminiscence of the stages of his own life. In the first stage; Pip encountered Magwitch; by accident, this affected the outcome of the later events of his life; Pip was then introduced to Miss Havishism; and Estella, who he fell in love with; consequently then he preceded to be dramatically persuaded by the empty promises he made to himself from his encounters with Miss Havhishism and Estella. Dramatically, Pip then learned t he truth about his wealth and that Magwitch was Estella s father; this collapsed Pip’s vision of reality and forced him to alter his exceptions concerning the truth. Pip than had to save himself from his own selfishness, as well as saveShow MoreRelatedThe American School Counseling Association ( Asca )1098 Words   |  5 Pagesburnout experienced by school counselors found that  organizational stress had a great amount of variation in regard to the burnout scores  (Wilkerson Bellini, 2006; Wilkerson, 2009). Additionally, Wilkerson and Bellini’s (2006) study indicated that demographic and intrapersonal factors also showed a great variation in burnout scores. Intrapersonal factors demonstrated a great impact on emotional exhaustion and personal accomplishment. Nonetheless, these studies had limitations. For example, the studyRead MoreSynopsis : Tricia Monet A Young Professional With A Bachelors Degree1411 Words   |  6 Pagesan accounting firm, but she determined that she enjoyed interacting with people more than numbers. When she moved to Sioux City, Tricia applied and interviewed for an assistant director position at Personal Reflections in the local mall. Despite having no supervisory or managerial experience, Personal Reflections quickly offered the job to Tricia, and she accepted the offer a few days later. During the two-week training, Tricia initially thought the people were helpful, and she learned a lot fromRead MorePart Experience Description1506 Words   |  7 Pagesused this tactic of hiring without training so they wouldn’t have to hire employees back in subsequent sessions despite my volunteer experience. Still, I had a positive experience at the ROM where I helped children appreciate the ROM and I built some great relationships with my volunteers, despite my chronic stress while working there. Part B: Experience Analysis Vroom’s expectancy theory of motivation has three related components; effort, performance, and reward. It states that people desire rewardsRead MoreMy Personal Learning Style Essay examples777 Words   |  4 PagesMy Personal Learning Style Wow! I have a personal learning style! If I had given any thought to my learning style prior to this course, I would have said simply, Some things are easy for me to learn, and some things are not. Now I can say, I am a grouper, a top-down learner, an owl, in the C-D quadrants, and my strong intelligences are linguistic, intrapersonal, and interpersonal. What all this means, still, is some things are easy for me to learn, and some things are not. But thereRead MoreThe Path Goal Theory Of Leadership Skills1318 Words   |  6 Pagesbecome extremely successful, while others unfortunately succumb to failure. This of course can be due to various amounts of reasons, but one of those major reasons may be due to lack of leadership skills. A company that has everything going for it, great product, a nice work place, and so on and so forth does not always become successful unless they possess prime leaders. As we have learned so far, there are various degrees of leadership styles and wh en and where they are best used and therefore mostRead MoreImportance Of Britain On The European Union1703 Words   |  7 PagesThe Brexit On June 23, 2016, a major decision was announced to the world that would send ripples of ambiguity with regards to the future of Britain and how their role globally would affect financial markets: The Brexit. The Brexit is perhaps one of the most monumental, nationalistic and financially influential choices the world has seen within the past decade. As Britain moves closer to individualizing itself from other European countries, the future of financial institutions and markets comes intoRead MoreAn Emotional Intelligence Assessment : Measuring The Importance Of Interpersonal Communication And Self Evaluation1166 Words   |  5 PagesImportance of Interpersonal Communication and Self-Evaluation in Business Leadership I.Introduction: A Emotional Intelligence (EI) assessment will be analyzed to better understand the emotional complexities of managing a car detail business. My own personal experiences as a business leader will be defined through Goleman’s five categories of Self-Awareness, Self-Regulation, Motivation, Empathy, and Social Skills. Goleman’s article, â€Å"What makes a Leader?†, will also be analyzed to evaluate the positiveRead MoreEffects Of Burnout On The Workplace1713 Words   |  7 Pagesprotection and empowerment of populations at risk, helping improve their physical and mental well-being within a society characterized by great economic inequality and a high potential for vulnerability (Hamama 113). Social welfare is constantly looking at the intricate world of human behavior in social contexts in which relationships break down, emotions run high, and personal needs go unmet causing social workers to become vulnerable to a sense of burnout. Although many believe burnout in social work isRead MoreIntercultural Communication in the Business Context1246 Words   |  5 Pagesyou are to build global business relationships. 1 Thus, you must learn basic history and culture of the country you are visiting and a few phrases in their language. First impressions are powerful and serve to create the expectation of positive relationships. Chances to make a great first impression, improve dramatically if you have prepared and know what to expect during initial meetings. Generally it is a good idea to use the formal Mr or Mrs until you are invited to use their first names. If someoneRead MoreThe Battle between Passion and Responsibility in Great Expectations964 Words   |  4 Pages How do passions and desires eight in against duties and responsibilities? It is a personal battle that many people fight every day. In Great Expectations, young Pip fights this battle with himself. Charles Dickens portrays Pip as a young lower middle class boy in Victorian Era England. Pip is a blacksmith-to-be and early on is satisfied with his life. As Pip’s life progresses, he is confronted with opportunities and situations that challenge his very integrity. Pip is given the ability to pursue

The Roman Empire - 2182 Words

When Rome was founded in 753 BC it was constructed as a representative republic in which the governing body consisted of the Senate, the assemblies and two consuls. This system was suitable as the city was â€Å"a sanctuary of refuge for all fugitives, which they called the temple of the god Asylaeus, where they received and protected all, delivering none back, neither the servant to his master, the debtor to his creditor, nor the murderer into the hands of the magistrate, saying it was a privileged place (Plutarch’s Romulus).† Allowing representation to the people who were the outcasts in other societies created fierce loyalty. As the size of the Roman Empire increased around much of the Mediterranean Sea the difficulty of governing such an expansive amount of land became clear and the switch from the Republic to the Principate, in which one ruler led the people, aided in its ultimate decline. Leadership was constantly changing in the first century BC and caused incons istencies in direction and many forms of political corruption. Looking specifically at the reforms of Sulla, Caesar, and Augusts it will become evident that over expansion, military reforms, consolidation of power and corruption created by these administrators ultimately led to the dissolution of the Roman Republic. When Lucius Cornelius Sulla became dictator in 82 BC he was assigned to bring order back to the state and formulate laws that would aid in doing so. He was remembered as a violent and unforgiving manShow MoreRelatedThe Roman And Roman Empire1068 Words   |  5 PagesThe Roman Empire, which was centered in the city of Rome, was the most extensive western civilization of ancient times. With its major advancements and prosperity it is hard to believe that the Roman Empire suddenly collapsed and fell into a time known as the Dark Ages. After a period of struggles for the Roman Empire, the empire gradually fell. Rome was the most successful civilization of its time. Its strategic location in the center of the Italian Peninsula and the fertile plains that supportedRead MoreThe Roman Of Roman Empire Essay1234 Words   |  5 Pages The Roman scutum was a large body shield used in battles, sieges, and gladiator fights. The scutum was used from the early Roman Republic until the third century CE and helped to define many of the Roman battle tactics that made them so successful. The curved, semi-cylindrical design provided full-body protection and was especially used in the testudo formation during sieges. The Roman Scutum is a perfect example of the military genius of the Roman Legion. The Roman Empire was created from theRead MoreThe Roman Empire1469 Words   |  6 Pagesthe Roman Empire. The Roman way of life and â€Å"Pax Romana† set up a standard of what defined civilization great. However, what was it that made the Roman life great? Was it the rules, the system of government, the virtues of the people? I believe what made the Romans so mighty was a blessing from God due to the outpouring revival of their hearts. However, to fully understand how their hearts were revived for Christ and how God had His hand on them we must take a look at the past of the Romans AfterRead MoreRoman Empire871 Words   |  4 PagesThe Roman Empire is known as one of the greatest empires of all time, blossoming politically, economically, and culturally. Rome was quickly expanding, reaching as far as North Africa. When Octavian came into power, the Pax Romana, or â€Å"Roman Peace,† began. However, this long peace may have triggered the beginning of the end of the Roman Empire. Because Rome was not distracted by conquering foreign lands, its citizens relaxed and lived in luxury. There did not seem to be any goals they did notRead MoreThe Roman Empire And The Romans1815 Words   |  8 PagesIn Roman history, it is often true that history was written by the victors, and given the large expansion of the Roman Empire, the Romans likely wrote over the accounts of the civilizations they took over, adapting the new provinces into their way of life and assimilating Roman culture into new facets of outlying territories way of life. The Roman Empire and Aug ustus had the ambition to expand north, going east of the Rhine where they had never gone, to take over new territory and the tribes thatRead MoreThe Roman Empire Essay1697 Words   |  7 Pages The Roman Empire, arguably one of the greatest civilizations to have ever ruled here on earth. The story is that it was founded by two brothers, Romulus and Remus, sons of Mars, the God of war, and raised by a she-wolf. After killing his brother for crossing his wall, Romulus went on to become the first king of Rome, which was named for him. Later when the men of Rome wanted noble women to be the mothers of their children, they conceived of a plan that included deceiving the Sabin’s and kidnappingRead MoreThe Roman Empire1551 Words   |  7 PagesStep 1: Plan What kind of technology in the Roman Empire affect its growth the most? I will be investigating from the start of the Roman Empire in 753 BCE to when the Western Roman Empire fell in 476 CE. This investigation will have a broad scope while investigating and include things from the Roman Legion to aqueducts and concrete. This investigation will not include technology that was not widely used to better the Roman Empire. The research question will answer my question by conducting researchRead MoreThe Roman Empire912 Words   |  4 PagesPaper B To many people, the mention of the Roman Empire invokes thoughts of gladiators, debauchery, and the abuse of power. To others, it brings visualizations of classic statues, beautiful temples, and mythological gods. The Roman Empire was all of that and more. The saying, â€Å"Rome wasn’t built in a day† is true and its fall and decline happened gradually as well. Ancient Rome has inspired volumes of historical works, theatrical plays, and even movies in more recent times. More specifically,Read MoreThe Roman Empire903 Words   |  4 PagesOne of the greatest empires in history is the Roman Empire, but ironically what makes it one of the greatest is also what lead it to start falling apart. In other words, many different factors lead Rome to its success and prosperity, but these factors also are the ones that initialize the ruin of the republic. Different authors such as Polybius, Cicero, Sallust and Plutarch describe several of these factors that lead the Roman Empir e to its glory and failure. Polybius relates Rome’s success to itsRead MoreThe Roman Empire Essay1535 Words   |  7 PagesTwo thousand years ago, in the land surrounding the Mediterranean Sea, the Roman Empire stood strong. Grand cities filled with magnificent buildings and riches of every kind. Rich emperors lived in palaces and beggars lived on the street. The city streets of the Roman Empire were filled with crowds of people making their way to work, school, or play. â€Å"Before it gets light, we have the bakers. Then it’s the hammering of the artisans all day. There’s no peace or quiet in this city!† The overpopulated

Kfc, Pizza Hut Ad Taco Bell Free Essays

Today, people found that the most popular branded food stores are performed well in worldwide included such as KFC, Pizza Hut and Taco Bell. Based on these three well-known restaurants, their company’s objectives are show a different higher expectation or need. Whereby, the company’s objectives need to be identified its different kind of prominent purpose of objective within an organisation. We will write a custom essay sample on Kfc, Pizza Hut Ad Taco Bell or any similar topic only for you Order Now In the meantime, company’s objective can be classified as both financial objectives and strategic objectives of prominent companies.First, KFC is the world’s most popular chicken restaurant chain and thus everyday more than 12 million customers are served at KFC restaurants in about more than 100 countries and other around the world. Also, KFC is part of Yum! Brands, Incorporation, the world’s largest restaurant company in terms of system restaurants, with more than 36,000 locations around the world such as U. S and Asia. Its company’s objective (Strategy Objective) is plans to open more than 100 KFC restaurants in Vietnam by 2010. Since consumers in Vietnam are recorded as a highly willing to pay or spend compared to other country. It is deem to be invested for open more food stores in Vietnam. Second, Pizza Hut is another restaurant chain and international franchise that offers different styles of pizza along with side dishes. It is also a subsidiary of Yum! Brands, Incorporation. Pizza Hut is split into several different restaurant formats because their ways of products and services are totally not same with another. For example, Pizza Hut provides a delivery services.Accordingly, their objectives of the company (Financial and Strategic objective) are expanding its menu to include pasta and chicken dishes, and decrease the number of company owned restaurant units in U. S from 20% units in year of 2007 to less than 10% units by the year of 2010. It is considered as its future financial performance between the 3 years is stall because U. S has more than 34,100 restaurants and faced a lot of competitors such as KFC, McDonald, Taco Bell and other. Lastly, Taco Bell is considered as a restaurant chain based U.S. Also, a subsidiary of Yum! Brands, Incorporation. It specializes in Mexican-style food and quick service. Taco Bell has owned products such as tacos, burritos, quesadillas, nachos, other specialty items. Since Taco has open more than 5,800 restaurants in the U. S. So, their company’s objective (Strategy Objective) is expanding its restaurant concept to another country such as Dubai, India, Spain and Japan during the year of 2008 and 2009. It is a good to be invested in that country and people from there can enjoy a new fresh restaurant.Thus, the another objectives (Financial Objective) are increase number of international restaurant locations from 12,000 in 2007 to 15,000 in 2012, increase operating profit from international operations from $480 million in 2007 to $770 million in 2012 as well as increase the number of Taco Bell units in the U. S by 2 to 3 percent annually between 2008 and 2010 respectively. However, overall Taco Bell’s objectives are considered as a long term strategy planning in order to build up its company’s image and reputation. For example, open more and more restaurants in domestic country or foreign country for earn profit. How to cite Kfc, Pizza Hut Ad Taco Bell, Papers

Journal Discussion for Reliability and Validity- myassignmenthelp

Question: Discuss about theJournal Discussion for Reliability and Validity. Answer: In the journal posting, a study (Conditions, components and outcomes of Integrative Validation Therapy in a long-term care facility for people with dementia: A qualitative evaluation study) is discussed. The posting covers a holistic view of the study as well as opinion or views about the study. The discussion is quite detailed and analytical when looking at the article. However, the review failed to address some areas that are important when looking at such studies. The outcome of the study was that the participants appreciated the progress introduced by IVA and the personal nature of the approach(Erdmann Schnepp, 2016). The doctors opinion was that there was reduced agitation and medication required was reduced(Erdmann Schnepp, 2016). All participants felt that the IVA had positive results and positive outcomes were noted between management and employees(Erdmann Schnepp, 2016). The journal posting provides an opinion that the qualitative studies are complex and difficult to anal yse. It also noted the difficulty in establishing reliability and validity. In essence, the journal posting made these comments, but made no suggestions on how the situation could be improved. The posting also noted that the study was unclear in relation to the frequency of undertaking IVA. In response, it is important to note that the posting should have provided some solutions on how future studies, especially qualitative ones, could ensure reliability and validity. If the same cannot be achieved, a suggestion to switch to other research methods could be made. The author should also have focussed more on the positive outcomes of the study and how the same can be improved and validated. In the study, positive outcomes are noted and this should be enhanced. It means that it is proper to give examples of much needed further studies to either validate results or improve them. On a positive note, the author noted the importance of developing more knowledge on communication techniques when working with people with dementia (PWD). The work of N. Feil noted that dementia patients have stages that can include poor orientation, time confusion, repetitive motion, and being in a vegetative state(Jones, 2006). It means that communicating with such patients is very important, but increasingly difficult to achieve(Atta-ur-Rahman, 2016). Therefore, more studies and experiments on communication techniques are warranted. In retrospect, the study under review does two very important things. It gives a positive finding on the application of the IVA technique. Secondly, it introduces quite a number of questions and issues for exploration. These are the questions and issues that are not addressed in the journal posting. Future researchers should now consider the accuracy of this study, validity, reliability, and other techniques that can achieve results. It is also important to consider how the positive results of the IVA technique could be enhanced. Better communication techniques, impacts of IVA on staff, family members, a nd management should be explored(Smith, 2017). It is logical also to compare IVA with other existing techniques to understand its advantages and drawbacks(Smith, 2017). The shortcomings, especially in relation to PWD, should be a primary concern. Once all these issues are addressed, the IVA technique will advance in its application and PWD can benefit from this technique. References Atta-ur-Rahman. (2016). Frontiers in Clinical Drug Research - Alzheimer Disorders, Volume 5. Bentham Science Publishers. Erdmann, Schnepp. (2016). Conditions, components and outcomes of Integrative Validation Therapy in a long-term care facility for people with dementia. A qualitative evaluation study. Dementia, 15(5), 1184-204. Jones, G. M. (2006). Care-giving in Dementia: Research and Applications. Psychology Press. Smith, P. T. (2017). Dementia Care - The Adaptive Response: A Stress Reductionist Approach. Taylor Francis,.

Radio Early History Essays - Photovoltaics,

Radio: Early History Presentation Dialogue SOLAR ENERGY. All life on Earth depends on energy from the sun. Solar energy is the source of energy for photosynthesis. It provides the warmth necessary for plants and animals to survive. The heat from the sun causes water on the Earth's surface to evaporate and form clouds that eventually provide fresh rainwater. Solar energy is the result of thermonuclear fusion reactions deep within the sun. These reactions produce so much energy that they keep the surface temperature of the sun at about 10,300B0F (5,700B0C). Even though solar energy is the largest source of energy received by the Earth, its intensity at the Earth's surface is actually very low due to the large distance betwee n the Earth and the sun and the fact that the Earth's atmosphere absorbs and scatters some of the radiation. Even on a clear day with the sun directly overhead, the energy that reaches the Earth's surface is reduced about 30 percent by the atmosphere. When the sun is near the horizon and the sky is overcast, the solar energy at ground level can be negligible. It also varies from one point to another on the Earth's surface. Nevertheless, in the 20th century, the sun's energy has become an increasingly attractive source for small amounts of direct power to meet human needs. A number of devices for collecting solar energy and converting it into electricity have been developed, and solar energy is used in a variety of ways. Solar energy is used to heat houses, and in many countries specially designed solar ovens are used for cooking. The sun also supplies energy to electric generators that provide power for weather and communications satellites and for radio and television equipment. Because the intensity of the sun's radiation at the surface of the Earth is so low, collectors designed to capture solar energy must be large. In the sunniest parts of the continental United States, for example, in orde r for a collector to gather enough energy to serve one person for one day, the area of the collector's surface must be about 430 square feet (40 square meters). The actual energy that can be used depends on the efficiency of the collector and of the device that converts the radiation into usable energy. Flat-plate collectors. The most common flat-plate collectors consist of a dark metal plate, covered with one or two sheets of glass, that absorbs heat. The heat is transferred to air or water, called carrier fluids, that flows past the back of the plate. This heat may be used directly or it may b e transferred to another medium. Flat-plate collectors are used for home and hot-water heating . Flat-plate collectors typically heat carrier fluids to temperatures ranging from 150B0 to 200B0F (66B0 to 93B0C). The efficienc y of such collectors varies from 20 to 80 percent. Concentrating collectors. When higher temperatures are required, a concentrating collector is used. These collectors reflect and concentrate sunlight from a wide area. One such device, called a solar furnace, was installed in the Pyrenees in France and has several acres of mirrors focused on a single target. The energy concentrated at the target is 3,000 times tha t received by any single mirror, and the unit produces temperatures of up to 3,630B0F (2,000B0C). Another structure, the so-called "power tower" plant near Barstow, Calif., generates 10,000 kilowatts of electricity. Here, the furnac e acts as a boiler and generates steam for a steam turbine-electric generator power plant. In sophisticated concentrating collectors such as the California tower, each mirror is rotated by a heliostat that directs the sun's rays fro m the mirror to the target. Positioning motors, drives, and controllers make such systems expensive. Less costly collectors can produce temperatures lowe r than those of more advanced concentrating collectors but higher than those o f flat-plate collectors. For example, parabolic reflectors that concentrate sunlight on black pipes can produce fluid temperatures of about 400B0 to 55 0B0F (200B0 to 290B0C) and can concentrate the solar energy up to 50 times its original strength. Small Stand-Alone DC System The small stand-alone system is an excellent replacement for propane or kerosene lights in a remote cabin, a recreational vehicle or a boat. The size of the photovoltaic (PV) array and battery will depend upon individual requirements. The actual sizing methods are discussed elsewhere. The PV arra y charges the battery during daylight hours and the battery supplies power to the loads as needed. The charge regulator terminates the charging when the battery reaches full charge. The load center may contain meters to monitor system operation and fuses to protect wiring in

Writing a Critique

Writing a Critique Writing a Critique Writing a critique is rather a difficult task for critical essay writers. While writing any academic project, you should show your ability to think and write critically. Just as you think, writing college critical essay, provide critique of the arguments of others. On occasion, you may find that an argument of yours has been critiqued by someone else. Critical essay writer may also discover that an argument by someone else is relatively good but has become the object of a negative critique. If you do not find your critique convincing, you may want to re-write your paper. This involves defending the original argument. In logic, as in sports, the best defense is usually a good offense. If you have been careful to use only unflawed argument forms in the process of academic essay writing, and only unflawed premises, then your argument will be hard to critique and your defense may be relatively easy. It is often a good strategy to anticipate how a critique might be developed in presenting your original ideas and to defuse that critique at that point. But no matter how good an argument is, while writing critical essayyou must support your conclusions with examples from the text and other supporting documents. Critical essay writing is not easy, but it is an extremely interesting assignment. Moreover, critical essay writing and thinking skills can be used in everyday life: Critique Writing There are times at which a defense strategy is inappropriate. The tutor may find numerous weaknesses in your argument included in critical essay writing. There is no point or merit in "stonewalling it" when you have been caught with false premises or an invalid argument. Writing critical essay support your judgment with a discussion of evidence or of the reasoning involved. Writing such a work, provide your judgment about the merit of theories and opinions or about the truth of facts.Notice, however, that admitting to a logical or factual flaw in your argument you do not need to abandon the conclusions you originally argued for. Writing a critique is not the same as writing a summary. offers you an opportunity to order critique writing services. Our critique writers are able to impress you with depth of reasoning and logic of presentation. Do not miss an opportunity to get professionally written critique prior to deadline. All of our customers enjoy a wide range of discounts. Free services include title page, outline, and references. Popular posts: Argumentative Research Paper Topics Action Paper Research Valentine's Day Essay Report Writing Help Problem and Solution Essay

Business Law Case Study Example | Topics and Well Written Essays - 1250 words

Business Law - Case Study Example 2). On the other hand, the Clayton Antitrust Act, another antitrust law of the United States of America, prohibits "exclusive dealings", "mergers or acquisition" if these acts substantially lessen competition (15 U.S.C., secs. 14 and 18). The US antitrust law refers to the body of laws that make illegal or unlawful certain business practices deemed to hurt businesses or consumers, or both, or violate business ethics. These include anti-competitive behaviors such as monopoly, restraint of trade and commerce, and unfair business practices like exclusive dealings, mergers, and acquisition and other practices that lessen business competition or harm the economy. In order to determine whether a corporate action or conduct is anti-competitive and thus prohibited by the antitrust law, two methods can be applied: the per se rule and the rule of reason. Under the per se rule which was utilized in the Sherman Antitrust Act, a corporate conduct is anti-competitive if is overwhelmingly harmful to the business or to the economy like horizontal price fixing or territorial division agreement. It does not require further evidences since it is evident on the face of the agreement itself. The rule of reason on the other hand, utilized in the Clayton Antitrust Act, requires the plaintiff to prove that the agreement caused economic harm in addition to proving that the defendant acted as charged. Merger is most likely the type of transaction that Awesea will offer in the case at hand. A merger is considered when both CEO's agree that joining together is in the best interest of the companies, as in the increase of sales but cutting the cost of operational expenses. The law on merger in relation to antitrust law is governed under section 7 of the Clayton Antitrust Act. It was further strengthened by the Celler-Kefauver Amendments of 1950 and the various merger guidelines issued by the US Department of Justice. Said laws modified the Sherman Antitrust Act where a mere merger is a violation of the antitrust law as a method of promoting monopoly (Sec. 1). At present, any challenges in the legality of mergers are decided using the rule of reason, that is, the plaintiff can only prevail upon proving to the court that the defendants are doing something which can bring substantial economic harm. The Clayton Act also allows the Federal Trade Commission and the Department of Justice to regulate all mergers and gives the government discretion whether to approve a merger or not. Another law, the Hart-Scott-Rodino Antitrust Improvement Act, provides in summary that before a certain merger can close, both parties must file a "Notification and Report Form" with the FTC and the Assistant Attorney General in-charge of the Antitrust Division of the Department of Justice so that the regulatory bodies can assess whether the proposed transactions violate the antitrust law of the US. Applying the rule of reason under the Clayton Act, when a company merges or acquired another company in order to promote its product in a certain country or to increase it sales, said transaction lessens competition, thus violates the antitrust law. The said fact is supported by various decided cases by the US Supreme Court which still are in effect today. One case is US v. Falstaff Brewing Copr., et. al., 410 U.S.

How to Avoid Injuries and Death in Motorsports Research Paper

How to Avoid Injuries and Death in Motorsports - Research Paper Example With this superior engine power and high speeds involved, motorsport is dangerous and involves freak accidents. As observed by Lipp et al. (2007), the high engine power of these engines makes them attain extremely high speeds with speeds as high as 369.9 km/h having been recorded in previous events. This makes the probability and severity of accidents extremely high. In fact, it is riskier than other sports such as football, boxing, rugby and the others. In spite of this risk, Gilbert (2014) observes that it is an addictive sport such that once started, drivers never quit no matter how many times they get involved in accidents. Therefore, this calls for detailed measures to make the sport safer for all the participants. motorsport  is all about speed. Engines are designed to produce over 8,000 horsepower, making the vehicles attain speeds of over 300 mph within a short period of time (Gilbert, 2014). As technology towards manufacturing more powerful and faster vehicles is adopted, a more innovative effort is also geared towards promoting the safety of the participants. As a result, there has been a significant achievement on motorsports safety technology over the past couple of decades. The technologies involved have been geared towards minimizing the likelihood of drivers suffering serious injuries due to a crash (Foster, Begemean & Melvin, 2011). As such, motorsports safety has sought to act directly on the driver to reduce the impact of the crash and control the crash energies that the vehicles develop. With this regard, technology has focused on four key areas. The first area is the neck and head support technology. It would be appreciated that motorsports involve high speeds and restraint on the driver. According to Foster et al. (2011), this risks basilar skull fracture on the driver due to the immense tension forces that build up in the neck as a result of the head whipping forward against the restrained torso when a frontal impact occurs. Thus, the technology to make drivers safe in such a scenario has focused on developing proper neck and head restraints.  

Standard of Living Essay Example | Topics and Well Written Essays - 250 words

Standard of Living - Essay Example Similarly, GDP only considers the goods the sold in the markets. However, it disregards other methods of production such as meal preparation, childcare, family laundry, house cleaning and home maintenance and repair. Economists argue that, if this was included in the total GDP, then it would present a true reflection of the economy. Another demerit of national income accounts is how GDP overlooks off-books production. This involves the underground economy that entails a market activity that is unofficial because of its illegality or because there is evasion of taxes. On that note, economists point that despite the limited records of the underground economy, it has a considerable contribution to the economy. For example, it is approximated that about 10% of the U.S GDP comes from the underground economy. Therefore, when this is added to the total GDP, it amounts to $1.5 trillion in 2011.finally, GDP does represent all costs. For instance, automobile pollution and oil spills are not included in the GDP transactions (McEachern,

Strategic Analysis of SingTel Telecom

Strategic Analysis of SingTel Telecom Introduction Singapore Telecom (Singapore Telecommunications Limited, referred to as SingTel, AFP) was established in 1879, is a wholly-owned by Singapore government-owned company, it is Singapores largest telecommunications companies. Singapore Telecom to increase strongly in markets outside of Singapore, and a partial stake in the operator, including the Australian carriers Optuss 100% stake in 2000, the British Cable and Wireless Optus, and other shareholders of the shares. Singapore Telecom a majority stake is controlled by Temasek Holdings, the Chairman is Lee Hsien Yang (the second son of former Prime Minister Lee Kuan Yew and current Prime Minister Lee Hsien Loong, his younger brother). Products and Services SingTel is Asias leading telecommunications company, with across wireless and Internet platforms for voice, data services, service-oriented business, as well as home two areas. Singapore Telecom has long been committed to providing customers with the Asia-Pacific regions most high-quality service. Now the focus is on the Internet service providers, mobile phones and fixed telephone communications services above. Company History Over the past decade, Singapore Telecom has successfully completed their high efficiency to the worlds leading operator changes. The company offers a wide range, the price is quite competitive telecommunications services, and global 5000 companies from different countries to provide telecommunications services. Singapore Telecom has already built a large scale in Singapores domestic telecommunications network, and the annual investment of 1 billion new coins update the network. In order to enhance competitiveness at home and abroad, the company offers intelligent fixed telecommunications services. At present, the company has been in the world, 15 countries, 23 cities and regions set up operational organs, including China, the United States, Britain, Japan, Korea, Malaysia, Indonesia, Vietnam and Hong Kong and Taiwan. It has a glorious history of 120 years. SingTel aims to be a new era of pan-Pacific region bears the brunt of the true sense of the telecom operators. To this end, Singa pore Telecom will continue to expand with other Asian countries in telecom peers, and the scope of cooperation. SingTels Group CEO is Chua Sock Koong and CEO is Allen Lew. Business strategy Singapore Telecommunications Ltd. owns 7800 million as the users SingTel is Asia Pacific region, excluding China, the largest mobile Internet operators. 1992 companies from the former government monopoly privatized, SingTel in 2003, when the postal service from its opening, the focus is now on the Internet service providers, mobile phones and fixed telephone communications services above. Hopes through a comprehensive and sophisticated international leading-edge technology, and gradually get rid of the public color, sharply turned into a full private sector. Goal is to build a world-class institutions, not only to win the international community for its recognition of science and technology and technical expertise, and quality service and products provided by domestic users have also been positive. Logo New corporate logo by a simple, symbolic of the ellipse, with the two squares. Designed to highlight the companys innovative technology, international affairs and services-oriented. Elliptical lines out of Singapore Telecoms global vision, the two squares on behalf of the emerging digital technologies, while the red and black of a stable and reliable dissemination of messages. The new visual corporate identity and enhance Singapores telecommunications as a global industry leaders pivotal position. From the above mentioned, we understand that SingTel Group is a leading company in the telecommunication industry in the region, due to successful business strategies. Thus, it is important that all organizations understand their strengths and weaknesses before implementing strategies. They should first analyze their goals and operations to see if the current practices are working towards the mission and vision. A companys vision and mission is crucial to an organization, as it paves the way for where the company is headed and what it assumes to provide for its stakeholders. At the beginning of strategic management process, the organization needs to develop its vision statement and mission statement. A vision statement is what the organization wants to become and describe how the future will look if the organization achieves its mission. A mission statement explains what the organization does, for whom and what the benefit is. The vision, mission statements and core values of SingTel are shown in table 1 as follow: Prior to the development of strategy and marketing plans, they should evaluate both the external and internal factors. Hence, the corporate world usually utilizes various strategic tools like the SWOT Analysis that may influence the implementation of plans. Below is the SWOT Analysis of SingTel: SingTel SWOT Analysis SWOT analysis is the overall evaluation of a companys Strengths, Weaknesses, Opportunities, and Threats. The external analysis looks at opportunities and threats created by the environment while the internal analysis looks at the strengths and weaknesses of the company. In strategic planning, the company matches its capabilities with available opportunities and takes action to minimize threats. (Kotler, Bowen and Makens, 2006) SingTel Group is the leading integrated communications service providers in the Asia Pacific region and their core business operations are located in Singapore and Australia. The company has business in a number of sectors of the telecommunications market in the Asia Pacific region (http://home.singtel.com/investor_relations/default.asp , 2009). Internal Environmental Analysis (Strengths Weakness) Strengths are resources and capabilities that allow the firm to complete important tasks. Resources can be the tangible and intangible assets held by the firm, and capabilities result when the firm integrates several different resources to complete a task or a series of related tasks. (Hoskisson/ Hitt/ Ireland, 2009) Weaknesses are those actions a company is not doing well or resources a company are lacking. Most importantly each business needs to evaluate its strengths and weaknesses periodically. Strengths and Weaknesses of SingTel are as follow: Strong cash flow Singapores Top Ten Brands 2009 ranked number 6 Exclusive contract with Apple 2008 Right to broadcast the next three seasons of the English Premier League (EPL) Lack of feasibility of a universal set-top box Lack of contents for local pay TV market Strengths Most of SingTels strategic, operational and financial dynamics are currently improving. This is an indication that the companys current business strategies are proving to be successful. SingTel has a diverse spread of geographical operations. The companys main business activities are focused in Singapore and Australia and partners located in India, Belgium, Hong Kong, Thailand, the Philippines, Taiwan and Indonesia. The spread of geographical operations will benefit the company, as it will become less depend on the local market to generate revenues. Most of their businesses are experiencing double-digit revenue growth over the past year (http://home.singtel.com/investor_relations/default.asp , 2009). SingTel captured the exclusive contract with Apple last year, and has since brought in more than 100,000 iPhones, thus increasing the companys revenue, the average spending per customer for mobile data (http://home.singtel.com/investor_relations/default.asp , 2009). Taking sixth position for the Superbrands Survey, which identified over 500 of Singapores consumers favorite brands across 93 categories of consumer products and services demonstrated the consumers choice and trust in SingTels products and services (www.marketing-interactive.com/news/11875). SingTel outbid StarHub to score the coveted rights to broadcast the next three seasons of the English Premier League (EPL) from 2010 to 2012. With the rights to broadcast the EPL, there will be a great potential that sports incline customers from StarHub will switch to SingTel (The Straits Time dated 11 November 2009). Weaknesses As a leading telecommunication company in Asia, the customer service in SingTel has rooms for improvement. Under the current extreme competitive environment, all the companies not only need to provide unique products but also good customer service. Thus, employee training program could be provided in order to handle customers problems effectively. With acquire of the Pay TV license in the domestic market in Singapore, Singapore needs to look at the feasibility of a universal set-top box that will best benefits consumers and align with the government strategic direction. SingTels cable television subscribers complaining about the hassle of having two set-top boxes may be a challenge that SingTel need to overcome (The Business Times dated 4 November 2009). External Environmental Analysis (Opportunities Threats) Opportunities are conditions in the firms external environment that may help the firm reach its vision (Hoskisson and Hitt, 2009). A marketing opportunity is an area of need in which a company can perform profitably. Opportunities can be listed and classified according to their attractiveness and the success profitability. (Kotler, Bowen and Makens, 2006) Threats are conditions in the firms external environment that may prevent the firm from reaching its vision (Hoskisson and Hitt, 2009). An environmental threat is a challenge posed by unfavourable trend or developments that would lead, in the absence of defensive marketing action, to sales or profit deterioration. Threats can be classified according to their seriousness and probability of occurrence. (Kotler, Bowen and Makens, 2006) Opportunities and Treats of SingTel are as follow: Global opportunities in mobile communication Rights to broadcast the World Cup 2010 Potential merger of StarHub and MobileOne (M1) Australian market strong competition Opportunities Africa and Vietnam are markets in the emerging mobile space, which is definitely worth our interest, and SingTel is actively taking the lead to explore the untapped emerging telecom market. (Harry Suhartono, Nov 11,2009) Singapore and Australia accounted for 54 percent of the groups EBITDA , earnings before interest, taxes, depreciation and amortization and more opportunities for further growth. With SingTel outbid StarHub to score the coveted rights to broadcast the next three seasons of the English Premier League (EPL), there will be great opportunities to expand the customer-base for PayTV customers (http://home.singtel.com/investor_relations/default.asp , 2009). Moreover, with the exclusive right to broadcast the next three seasons of EPL, F1, the next opportunity for SingTel is Word Cup 2010. With clinch of the World Cup 2010, SingTel will dominate the Sports channels in the region. Treats With StarHub and MobileOne obtain licenses to sell Apples popular iPhone and their launched on 9 December 2009, SingTel lost the 15th months monopoly. Thus, will likely to face tougher competition in the local market. Potential merger of StarHub and MobileOne will be a big treats to SingTels Number One position in Singapore for mobile market in Singapore. SingTels subsidiary Optus is facing strong competition with their competitors in the Australia and maybe affects their leading position and revenges. With the competitive market, SingTel will have to fight against StarHub and MobileOne through price, promotions, and advertising since all three companies main business are in the provision of mobile plans and the sale of mobile phones. Perhaps, SingTel may need to improve the customer service further to create a superior customer service that tag to their brand With the winning of the broadcast rights for the English Premier League, it is expected that loyal football fans will switch from StarHub over to SingTel, especially with the low rate offered by SingTel. Hence, competition is intense and SingTel would need to take on actions to further enhance its Strength whilst working on its Weaknesses. After evaluating the external and internal factors, SingTel started to develop strategies such as launching of Mio TV, which is able to capture more market share and ultimately enhancing SingTels market position. Mio TV is a new technological product in the current market, thus, it is necessary for the company to assess the product life cycle (PLC). Product Life Cycle According to Kotler, every product has its life. The product life cycle concept allows marketer to plan their marketing strategies to manage their product or service through various phases of their product life cycle. The purpose of this concept to establish which phase of its life cycle is and select the best fitting marketing strategies for the product in that phase. Base on Kotler (2000) the product life cycle can be divided into four distinct phases those are introduction, growth, maturity and decline phases. Furthermore, Kotler also provided the following marketing characteristic, marketing objective and marketing strategies within its of the product life cycle phases. Characteristic: according to Kotler, there are existing different characteristic sales, cost, profit, competitors and customer for its stages in the product life cycle. Those can be described as follow Sale characteristics: sales are low in the introduction stages, rapidly increase in the growth stages, peaking in the maturity stages and decreasing in the decline stages. Cost characteristics: the cost per customer will be high in the introductory stage, average cost per customer in the growth stage, and low cost per customer in the maturity and decline stage. Profit characteristic: profits can be none or negative in the introductory stage, increase in the growth stage, and high in the maturity stage and reducing in the decline phase. Competitors characteristic: there is existing only few competitors in the introductory stage, increasing in the growth stage, stable in the maturity and decreasing in the decline stage. Customer characteristic: in the introductory stage has only few customers who call innovators are testing the product, early adopter trying the growth stage, a middle majority testing product in the maturity and the laggard trying the product in the decline stage. Marketing objectives: Kotler also provides differences kinds of companys marketing objectives which linked to four stages of product as below Introductory stage: to make awareness and trial by using an intensive advertising and promotion campaign. Growth stage: to maximize the market share Maturity stage: maintaining market share while profits can be still maximize Decline stage: reducing marketing expenditure of the product during this stage while the aim will be to milk the product. Marketing strategies: the alternative marketing strategies was given by Kotler are related to various stage of the product life cycle as below: Product strategy: a basic product will be offered in the introductory stage, product extensions and warranties will be offered during growth stage, brand and individual product item will be diversified in the maturity stage and the weak model will be phased out during decline stage. Price strategy: the cost plus price will be changed during introductory phase, price will be set to penetrate the market during the growth phase, the price will be set to meet competitive price during the maturity phase while price will be cut during the decline phase. Distribution strategy: distribution will be built selectively during introductory phase, it will be intensive during growth phase, distribution will be further developed during the maturity phase and it will be more selective during decline phase. Advertising strategy: building awareness of product among early adopter and dealers in the introductory phase, building awareness and interest in the mass market during the growth phase, stressing brand differences and benefits during the maturity phase and reduce the advertising level needed to retain hard core-loyal customers in the decline phase. Sale promotion strategy: using heavy promotion to entice trial during the introductory phase, reduced promotion to take advantage of heavy customers demand during the growth phase, increase promotion to encourage brand switching in the maturity phase and reducing promotion to minimum in the decline phase. Limitations of the Product Life Cycle Concept The term life cycle implies a well-defined life cycle as observed in living organisms, but products do not have such a predictable life and the specific life cycle curves followed by different products vary substantially. Consequently, the life cycle concept is not well-suited for the forecasting of product sales. Furthermore, critics have argued that the product life cycle may become self-fulfilling. For example, if sales peak and then decline, managers may conclude that the product is in the decline phase and therefore cut the advertising budget, thus precipitating a further decline. Each customer is more or less free to adopt products for their own needs; this is sometimes called the shopping caddy approach to product adoption. However, in order to attract customer, not only should SingTel understand the PLC, it is also necessary for SingTel to analyze the competition and to be proactive to beat competitors in the current highly competitive market. Porters five forces is a framework for the industry analysis and business strategy development developed by Michael E. Porter of Harvard Business School in 1979. It uses concepts developing Industrial Organization (IO) economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. (http://en.wikipedia.org/wiki/Porter_five_forces_analysis) SingTels Competitive Rivalry Singapore Telecommunications Limited is considered as the biggest telecommunication company in Singapore. Singtels services provide for customers with ISP (SingNet), IPTV (Mio TV), fixed line telephony and mobile phone. The second largest in mobile operator and cable television is StarHub, its also the biggest competitor of SingTel in Singapore. The recently moves of these two companies in cable television services have made the impacts on them. This also pointed out the effective strategy that SingTel approached over its competitors StarHub. StarHub used to be right holder of English Premium League, Champion League and it had to pay around US $150 million for the current 2007 to 2009. StarHub has provided attractive packages of television cable that includes so many sport and entertainment channels. Its really an advantage competitive of StarHub to increase its market shares over SingTel. StarHub actually has surpassed SingTel in this area and been really a big challenge of SingTel. However, a fantastic move of strategy from SingTel recently has changed things differently. StarHub has been beaten on bid and SingTel has won the right to be the holder of English Premium League and Champion League for its Mio TV. The ESPN Star Sports channel of StarHub cable networks will belong to SingTel in the middle of 2010 as well. The rights of ESPN Star Sport include English FA Cup, Formula One motor racing, Wimbledon tennis, US Open, Australian Open and US Open golf. These channels are going to Singtel, and this factor will definitely make increasing number of Singtels subscribers. The failure of StarHub in bidding racing is not the end of its Television cable services. StarHubs platform still can present the English football with delayed telecasts matches on Goal TV 1 and Goal TV2 channels for its subscribers at present and future seasons. For Singtel, with the advantages in being the new holder of those channels, Singtel will have a contract of three years period. The contract will start in August 2010 and include mobile and internet rights as well as Television cable services. One thing is considered as promotion of Singtel, it will guarantee to keep the current payment of StarHubs subscribers and will not change anything. It will be Singtel, the company will deliver the English Barclay Premium League matches to Singapore. The ways of viewing live football matches on Television, on mobile phones and internet will be improved by Singtel. It will bring the best services to its football fans. On the other hand, SingTels competitor, StarHub still tries to maintain the best quality sport content to its customer. It now focuses more on shareholders expectations in terms of profits. StarHubs bid for Barclay Premium League was really aggressive. So now they look forward to the time when they can get back to right of being the holder. And StarHub is always a big challenge of SingTel. It could approach the opportunities anytime and get over SingTel in the future. Implication Analysis Impacts on viewers Most of viewers from StarHub will not be happy when they have to change to SingTels Mio TV service for sports channels. The situation will be worst for the customers, who have signed the contract of two years with StarHub for sport package. The English Premium League and other sports content will now not be able to be viewed by them. The subscribers of StarHub need to sign up with SingTel as an addition if they would like to view sports content. When the viewers sign up for Mio TV service of SingTel, they also need to install a SingTel fixed line in advance. SingTel has promised with the consumers to keep the pricing of sport content as the current StarHub rates and will not increase anything. It can be seen that, SingTel is giving a special promotion with special package for sports fans. The customers could subscribe to English Premium League and sports packages only of SingTel if they would like. Impact on Singapores Pay TV landscape SingTel has taken a new step in TV cable service. Now its holding the right of English Premium League and other sports channels, and this will be a very important factor in competing more strongly with other TV providers, especially StarHub. Its really dominance of StarHub when it owns 85 % of market share of Singapore. However, SingTel now will be the only one that brings English Premium League and other sports content to Singapores football fans. Therefore, SingTel is expected to be the number one in providing TV cable services in the future. Impact on Starhub Since the IPTV of SingTel appeared in 2007, it has been a big challenge of StarHub. The development of SingTels IPTV has made StarHubs growth rate decrease to 4% year on year. StarHub had 530 thousand TV subscribers in the first half of 2009 and 250 thousand of them belong to the sports package. So being the winner of the right holder of English Premium League, SingTel will affect StarHubs subscribers so much. Specially, SingTel will attract the attention of football fans directly. However, it is not complete ending for the StarHubs TV cable. StarHub still has other premium content like: Star World, HBO, AXN and so on. The customers also need to sign up with StarHub if they wish to view this content. Among 250 thousand of sports package, 36% of them are expected to switch from StarHub to SingTels service. The rest subscribers are expected to sign up for SingTels sports package and still keep their StarHub service for premium content. Impact on SingTel Twenty three months since 2007, SingTels Mio TV service had grown so quickly, 100 thousand subscribers is the number of SingTel has reached in June 2009. SingTel has captured over 15% Singapore TV cable market. From April 2008 to March 2009, it has expanded its subscribers over its rival StarHub by 79%. Together with the competitive advantage of being the winner of English Premium League and other sports channels, a number of 348 thousand new subscribers will be set for SingTel as an objective to achieve at the end of 2010. This objective will help SingTel to increase up to 42% share of Singapore Pay TV market. However, with the expensive bid like that, its also a long-term plan for SingTel to make IPTV business profitable. SingTel now is holding English football sports and US content pack, but its still not complete. SingTel need to keep its speed of growth and try to take over the premium content of StarHub. It could be the core factor, which can build the SingTels Mio TV cable ser vices perfectly. In the competitive market place, having a competitive advantage means that the firm is using its resources, capabilities, and core competencies in ways that create more value for customers compared to the value competitors products create for those customers. (Hoskisson/ Hitt/ Ireland, 2007) By launching the Mio TV, SingTel is able to gain a competitive edge, the reasons are as follow: Competitive Advantages One of telecommunication suppler SingTel provides national fixed-line services, mobile services, broadband, IP and internet access, and international telephone services more than 20 countries. SingTel still continue invest in strategic regional markets, including India, Indonesia, The Philippines, Thailand and Bangladesh for long term growth. According to the Singapore Telecommunications Report that pay-TV subscriber base around 45,000 mioTV customers in June 2008. Over the quarter, there were some 2,000 net additions. The operator has continually expanded its range, they had further agreements with three Hollywood studios includes Disney-ABC International Television, News Corp units Twentieth Century Fox and Time Warners Warner Bros International Television to raise mioTV channel offering from 20 to 50. It is important for a company to develop their own distinctive competitive advantages. It must be unique, hard to imitate by competitors in the same industry and its create value to customers and benefit to the company. The Singapore-base telecommunication company Singtel has introduced pay-TV services called MIO TV. It has 33-channel mio TV and customers can select and pay what channel they want to watch. Features like the TV program list channel guide let viewers glance program in advance for 30 days. The mio TVs picture-in-Picture feature that viewer wont miss out other channel showing and remain current channel as well. The viewer can preview any video before watching from library of HD movies and video and make pause, rewind and fast-forward all depend on customers. The viewer can enjoy high HD quality playback and control your favorite shows to watch and record just click of a button, you can record your favorite shows even when you away with Remote Digital Video Recording. The viewer can easy to search the favorite program by input keyword through remote control or via the virtual keyboard on the Television, the intuitive search engine offer intelligent results. The viewers can watch Channel NewsAsia, Mom-on-Demand and KBS world and some other available channels on the new mobile service, including the ads on Mio TV, as well as on mobile phone that SingTel selected Nokia phones to offer this service. The competitive advantage should be benefit to company increase shares of market and revenue returns and create value to shareholders, owners and customers. However, the competitive advantage may be imitate by competitors or create different advantages to more value to customers. One of the competitors of Singapore-base telecommunication company Starhub, they provide cable TV as well. But the exclusively offer by SingTel had been rewarded to broadcast UEFA Champions League and UEFA Europa League from 2009 to 2012. Subscribers can watch live matches broadcasting in Dual Sound both in English and Mandarin. Furthermore, SingTel had picked up a right to broadcast Barclays English Premier League matches and ESPN STAR Sports on Mio TV. According to director of Mio TV Low Ka Hoe said Sport content is an important part of our offering, and this move signifies our ongoing efforts to expand and improve our selection of quality content for our viewers, The world wide service of SingTel is a opportunity for the firm continually invest and expansion in core overseas market of Indonesia, India and new market such as Vietnam and Pakistan and beyond Asia Pacific. Overseas investments are an essential part of SingTel strategy especially in saturated domestic market of Singapore. According to Singapore Telecommunications Report SingTel in June 2008 and its foreign associates shared a total of 197.714 mn, representing an increase of 45% over the year and 8.2% during the quarter. Evaluate strategy base on competitive advantage The firm should create non-replace and valuable competitive advantage through create strong core competencies. Base on competitive advantage, Cliff Bowman and Richard DAveni use Strategy Clock to further explain Michael Porter s generic strategy. The strategy clock represents different positions in a market where customers have different requirements in terms of value for money. The organization may have unique resources that others cannot imitate or obtain, for example, long-term established brand; be a cost leadership by apply price-based strategy or lower-priced strategy. However, in small domestic saturated market like Singapore, managers may take Differentiation strategy or hybrid strategy that provides unique or slightly different products and services from others to customer by pricing slightly higher. The strong and well-established competitive advantages can strength companys capability and strategy decision making. Therefore, Conclusion In account of analyzing the strategy of Singtel, it surly gave the reason that why the Singapore Telecom is Singapores largest telecommunications company. This company has nearly 130 years of operating experience in the successful completion of this period to the worlds leading high- performance carrier changes. In business, SingTel seek a breakthrough innovation, development of local public sentiment for the internationalization of the business to treat the inability to adapt. Of course, these innovations are also based on SingTels own existing resources, it is an international network. More than that, Singtel not only in China for the global 5300 companies in different countries offer a wide price quite competitive telecommunications services, but also SingTel has built its domestic large-scale telecommunications networks, and the annual investment of 1 billion new coins to be updated in order to enhance domestic and international competitiveness. SingTels overseas investment is a long-term strategy. Currently, SingTel has expanded to 20 countries and regions, their overseas operations include not only the traditional fixed, mobile phone networks and the Internet, voice data, but also related to satellite communications, submarine cable systems. In the past 10 years, strong adaptability and technical advantages SingTels international strategy is to promote time and time again to be successful. Opportunities always favor those who prepared. SingTels long-term development plan formulated by it can, and be good at the right time, choosing the right investments. The use of a merger or investment to enter unfamili

Sonnys Blues (An Insight) Essay -- essays research papers

Baldwin’s â€Å"Sonny’s Blues†, set in Harlem in 1957, was largely about the struggles of an ethnic minority and the stagnation they feel, but moreso how two brothers come to understand each other due to their struggles and from years of living their own, very different lives.   Ã‚  Ã‚  Ã‚  Ã‚  Baldwin’s constant, detailed, reflections helped me immensely in understanding this story. I feel that they served as a constant reminder of the social context in which this story takes place. It helped to have those incessant reminders because I kept thinking it takes place in recent years, versus the 1950s, before the Civil Rights Movement was in full swing. The biggest idea that I had to keep in mind was that the racism (ultimately leading to stagnation/oppression) presented in the context was â€Å"accepted† at this point in time. By â€Å"accepted† I mean that there were not yet any written laws in place to protect blacks against these acts, not that the actions were morally correct or acceptable.   Ã‚  Ã‚  Ã‚  Ã‚  Sonny’s side of the story represented one perspective of the African American experience in this time period. He accepts his status & tries to live within the black culture and deal with it distress that goes along with it, just to keep his dignity. At first, he channels his afflictions through music. There eventually becomes a time in his life when can no longer deal with the pain or suffering and Sonny takes the well-beaten path of turning to heroin, t...

Identify different reasons why people communicate Essay

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Freytag Pyramid of “A Midsummer Night’s Dream” by William Shakespeare Essay

Lysander and Hermia, Demetrius and Helena, Titania and Oberon, Pyramus and Thisbe 1) Exposition: Lysander and Demetrius both want Hermia’s hand in marriage – Lysander because of love, Demetrius because of the position and power it would afford. Demetrius wants to marry Hermia to gain her father’s favor, along with his power and position. Helena is in love with Demetrius, who will not give her a second look. Titania and Oberon are angry with each other, jealous over each other’s fascination with Theseus and Hippolyta respectively. Pyramus and Thisbe cannot be together and can only whisper through a wall. 2) Inciting Incident: Hermia’s father orders her to marry Demetrius or commit herself to a nunnery forever. Helena finds out Hermia and Lysander are running away. She tells Demetrius so he will forget about Hermia and give her a chance. Bottom and gang steal away into the wood to practice for the play. Oberon casts a spell on Titania that she would fall in love with the first thing she lays eyes on. Pyramus and Thisbe lovers agree to meet in the dark of night at Ninny’s tomb. 3) Rising Action: Hermia and Lysander plan to run away into the wood. Demetrius follows Hermia and Lysander into the wood to retrieve Hermia. Helena follows Demetrius into the wood desperate to make him love her. Bottom and gang steal away into the wood to practice for the play. The lion approaches and scares Thisbe, who runs off. 4) Climax: Oberon orders Puck, to put a love spell on Demetrius so that when he awakens he will fall in love with Helena. Puck mistakes Lysander for Demetrius and puts the spell on the wrong mortal, who subsequently falls in love with Helena. Puck attempts to rectify his mistake by putting the spell on the correct mortal, Demetrius, who instantly falls in love with Helena. Titania first sees Bottom and falls in love. Pyramus arrives to find Thisbe’s mantle torn and bloody. 5) Falling Action: The two men fight over Helena while Hermia watches in horror. Hermia and Helena begin to fight. Oberon begins to feel bad for the poor mortals he has cast his spells upon. Pyramus believes Thisbe is dead. 6) Resolution: Puck applies the remedy to Lysander’s eyes while he sleeps, returning his love to Hermia. The lovers awake, Lysander and Hermia in love and Demetrius and Helena in love (though not knowing exactly why). Oberon removes the spell from Titania, who draws back in horror at the sight of bottom next to her. Believing Thisbe to be dead, Pyramus stabs himself and dies. 7) Denouement: The four lovers come together with the consent of everyone and watch a play of a Romeo and Juliet-style love story. The lovers ponder the meaning of love through the tragedy of the play, the mystery of what happened in the wood looming over them. Shakespeare concludes with an epilogue by Puck, the wood fairy, apologizing for any offense for their play with the mortals. Titania and Oberon celebrate Theseus and Hippolyta’s marriage, finally happy with each other. Thisbe finds Pyramus dead and kills herself. The lovers are finally together in death.

Ramesses II Social and Cultural Contribution essays

Ramesses II Social and Cultural Contribution essays Ramesses II Social and Cultural Contribution Ramesses II the Great, as he is most commonly known, was the ruler of Egypt in the 19th dynasty. He was co-ruler with his father Seti I and at age 22 he was already known as a great and fearless warrior. After his father death at approximately 1279 BC, Ramesses II now at age 24 began his reign. He was a young ruler full of energy and ambition. He ruled for 66 years until the age of 90 and finally died at approximately 1212 BC with the status as the longest reigning king in Egypt. Ramesses II was known for the temples and monuments he erected during his reign. Soon after his father died he started building monuments and temples honoring his father. He erected many such as the temple at Abu Simbel, the hypostyle hall at Karnak, a mortuary complex at Abydos, the Colossus of Ramesses at Memphis, a great tomb at Thebes, additions at the Luxor temple and the famous Ramesseum (touregypt.net/19dyn03.htm). He also renovated many of the structures already standing from past dynasties. The sculpture that captivates sculptors the most is the great Colossus of Ramesses. It stands at about 33.8 ft. long even though it has no feet. The sculpture is perfectly carved and polished. Every hidden part of this enormous statue, are equally finished. Modern sculptors are amazed at the supreme craftsmanship, so amazed that one modern day sculptor commented: How these master carvers achieved perfect surfaces on this scale with simple tools was beyond my comprehension. My own twenty years experience provided no clue. But clearly this was not the work of slaves. This forty-foot length of stone could only have been brought to life though the sensitive hand and watchful eye of a master sculptor, and with a great deal of loving care. Unfortunately, Ramesses II did not pay too much attention or give as much attention to the engraving of text. However, his beau...

What are the health implications of binge drinking for younger people Essay

What are the health implications of binge drinking for younger people aged 15-25 - Essay Example According to the UK Prime Minister’s Strategy Unit evidence, patterns of binge drinking have lead to an increased toll of 22,000 premature deaths costing the country  £20 billion a year; health problems; alcohol related disorders and injuries. Alcohol related illness and injury costs the NHS up to  £1.7 billion annually. The Government’s Strategy Unit research also shows that alcohol related crime, assaults and disorders are incurring a further cost of  £7.3 billion annually (BBC News, online: http://news.bbc.co.uk/1/hi/health/3121440.stm). From these facts and figures from the Government’s Strategy Unit, it is apparent that a study on binge drinking is worthwhile. â€Å"The report also points out that up to 40% of mens drinking sessions now technically qualifies as binge drinking as defined by the Governments sensible drinking guidelines. That means men drinking in excess of the equivalent of four pints of beer (three for women) or eight measures of spirits (six for women) often in short periods of time. Over a typical Saturday night out one can see them drinking three or four times the recommended guidelines. The consequences of drinking will differ from individual to individual and many people understand bingeing to mean deliberately drinking to excess. But on the other hand, this evidence suggests that many may be causing themselves potentially serious harm† (Prime Minister’s Strategy Unit, online: http://www.cabinetoffice.gov.uk/strategy/news/press_releases/2003/030919.asp). In this dissertation, the researcher will specifically look into the health implications of this phenomenon for young binge drinkers. As I will become a staff nurse in about eight months, I may come across young adults who have intoxicated themselves with alcohol and may end up in Accident and Emergency or worse on a liver ward as a result of sustained damage to their liver as a result of excessive binge drinking.

Changes in the European Euro Essay Example | Topics and Well Written Essays - 500 words

Changes in the European Euro - Essay Example The dollar advanced 0.2 percent on 11th February 2011 to 83.43 yen. The euro declined 0.1 percent to 113.06 yen. B. Identify two or more factors that might account for the changes in the value of the U.S. dollar with respect to the Euro. The US dollar rose as against most of the currencies as Hosni Mubarak, the president of Egypt stepped down and handed power to the military, stoking demand for the safety of U.S. assets. US dollar gained third week in line against euro. Euro was weak also due to the news of President of Germany’s central bank resigned. The US jobs data are unlikely to encourage the Federal Reserve to change its loose monetary policy, which would help buttress the dollar. There was not sign of increase in interest rate of the euro-zone nations by the ECB hence that took away the support of euro as against US dollar. Referring to ‘the economics of Foreign Exchange and the Balance of International trade’ chapter, the supply of dollars offered in exch ange for a foreign currency, such as the Euro, depends on the willingness of dollar holders to purchase Euro.

Program for Homeless Alcoholics Research Paper Example | Topics and Well Written Essays - 1000 words

Program for Homeless Alcoholics - Research Paper Example One of the challenges the alcoholics face in the rehabilitation program is dealing with their own opinion of self- hesitation. Patients suffering from alcoholism addiction are meant to undergo therapeutic treatment within a program. They have several problems like handling life without reliance on the drugs that maintain them in addiction. Dipping onward in spite of these self- uncertainties are often the primary step in the way to a victorious recovery (Fineout-Overholt & Schultz, 2005). Besides being distrustful of themselves, there are frequently a few other individuals in the vicinity of the rehabilitation program who believe they will by no means conquer the challenges facing them. This is mainly true when the long-suffering individual is going in the course of rehab to regulate to life devoid of any limbs. This doubt often leads them back to alcoholism (Balas, & Boren, 2000). The sluggish process that is prevalent in affecting and physician treatment can over and over again be exasperating for therapy patients. This is predominantly factual when the patient is turning out to be worse instead of getting better during therapy. While in the process of a delay, it is problematical to remember that it is not extraordinary for alcoholic patients to obtain a small number of steps frontward only to go reverse to old habits. During these times when growth is sluggish or non- current, the patients have to over and over again appear away from the conditions of today and concentrate more on somewhere he or she needs to subsist for a number of months from the current day. From these challenges there is need to develop a plan for homeless alcoholics to go to in house rehab, learn a skill to help them get a job and at the end of the program assist them in finding a job and a place to live independently. Theoretical Framework The research will adapt the evidence-based put into practice models. These models have been developed to assist nurses move proof into effect (Dear holt 2008). The utilization of these models brings out a prearranged method to evidence-based put into practice, prevents unfinished implementation, and can make the most of use of treatment time and assets. There is no model of evidence-based put into practice is contemporary and can meet the requirements of all nursing environment (Feussner, & Demakis 2000). This proposal presents a methodical procedure that can be utilized by institutions to choose an evidence-based put into practice model that best tackles the requirements of a program. Rosswurm and Larrabee’s Model for Evidence-Based Practice Change Rosswurm and Larrabee (1999), from the University of West Virginia, urbanized a 6-step model to make possible a shift from conventional and perception -driven practice to implement evidence- based dynamics into practice (Figure 1.1). The model was experienced in the sensitive care experimental setting, but the writers imagine it is flexible to most important care surroundings . Below are the six steps of this model (Balas, & Boren, 2000). 1. Assess the necessitate for change in put into practice by comparing interior data with outside data 2. Association of the problem with procedures and products which has normal interventions, if potential 3. Combine the best proof (investigates and related evidence) 4. Intend a transform in put into pract

Engaging Strategy Essay Example for Free

Engaging Strategy Essay Introduction This paper will focus on constructing a strategy to engage and build rapport with a particular client on the provided vignette. The task is to navigate through obstacles that may arise that are unique to his characteristics including lack of information and limited research. To overcome these barriers of building rapport, the clinician must identify the client’s strengths and struggles as well as research scholarly literature on the client’s characteristics that are significantly different than the clinician’s to engage with and benefit the client’s session. Major Obstacles The major obstacles engaging with this particular client is the apparent lack of research on approaching a gay client with cultural competency, especially individuals who are intersected with other minority groups, in this case being Jewish as well as an older adult. According to Eubank-Carter, Curckell, and Goldfried (2005), as of 2003, only 54% of LGB-related articles have been based on empirical research and even less research addressing LGB people of color at a mere 12%. The lack of research on the client’s identity as a gay male poses as an obstacle as the clinician is a straight female, forming a barrier into building rapport on the basis of showing empathy and being relatable. According to Hepworth, Rooney, Rooney, Strom-Gottfried, and Larsen (2013), building rapport with a client enables clients to gain trust in the helpful intent and goodwill of the social worker† and further emphasizes, â€Å"cultural factors and language  differences compound potential barr iers to rapport even further (pg. 47). The multiple cultural differences between the clinician and client acts as a barrier to building rapport as well as connecting the client with connection to resources to fulfill his request. Adding to the lack of research on the client’s sexual orientation, he also identifies as a Jewish American, which may be a sensitive topic in building rapport, because it is unknown if he identifies ethnically, religiously, both or none. According to Faulkner Hecht (2010), for Jewish-American LGBTQ individuals, a significant issue that has been identified relates to the disclosure of their intersectional identity being a â€Å"twin threats of negative attitudes toward LGBTQ individuals and anti-Semitism† in which negative stigma towards LGBTQ identity was reinforced in Judaism, leaving those identifying as gay to conceal their sexual orientation and emphasizing their Jewish identity to avoid threats (Introduction section, pg. 830). This poses the delicate question of where the clien t has a support system, as upon first impression, it will appear blurred. Finally regarding the supervisor’s concern of the client being in an Intimate Partner Violence (IPV) relationship with his partner, the lack of research on same-sex couples, specifically males, issues that may become an obstacle include the clinician subconsciously viewing the issue through a heterocentric lens. Not only is research lacking on LGBTQ in general, especially with IPV, there is lack of training on how to approach cliental for clinicians who were brought up in a heterocentric majority society. This is not surprising as out of a study of 108 clinical and counseling graduate students, the majority stated they felt unprepared to work with LGBTQ clients (Eubank-Carter et al 2005, pg. 2) (check citation). Although resources are available for LGBTQ clients to be self sufficient, because of these issues mentioned above, they are limited. Countertransference With this client, I struggled with countertransference in terms of past experience and projective identification. This is not my first encounter with an older, gay client applying for low-income housing and the past client sadly faced discrimination by those running and living in the facilities. I am also aware although 22 states have passed laws prohibiting  discrimination against sexual orientation in private or public housing, those who hold authority in these areas can refuse services to LGBTQ clients without legal reasoning (Hillman 2014, pg. 272). The past client faced this situation and this knowledge could affect my ability to not give an attitude that Joseph will automatically face the same result, thus affecting my ability to develop a proper relationship as clinician and client. Although this is a secondary concern to suspicion of IPV that takes priority, it is still relevant as it maybe revisited later, thus creating another obstacle to building rapport. Scholarly Liter ature Eubanks-Carter, Burckell Goldfried’s article (2005) worked as a general guidebook for the clinician. It emphasized, â€Å"Our LGB clients are not only gay, lesbian and bisexual men and women; they are members of families, professions, and communities. Our goal is to affirm not only their sexual orientation, but their entire identity† (Eubanks-Carter et al, 2005, pg. 9). This was a reminder to learn to be culturally competent towards the client for more than just his sexual orientation, but as a whole with his other intersectional identities. Hillmans’ article (2014) covered the perspective of working with the client through the lens that he is gay and an older adult in his 70s. One important concept is point out that he grew up in an era where homosexuality in American was highly discriminated. According to Hillman (2014), the 1950s were a time when President Eisenhower issued 1953’s Executive Order #10450 ordering â€Å"homosexuals to be fired from government jobs† and McCarthy in 1954 included homosexuals in the group of â€Å"subversive elements†, (Historical and Cohort Effects, pg. 270). The client may still have negative feelings regarding homophobia from the past, thus it is imperative for the clinician to remain vigilant of her attitude and countertransference. Seelau Seelau’s article (2005) gave insight as to why the client, if involved in an IPV relationship, maybe reluctant to report. According to research, â€Å"police are reportedly less likely to intervene in domestic violence cases that involve gay or lesbian couples, perhaps due to sexual prejudice (i.e., homophobia) or gender role-stereotypes that women cannot be  abusers and men cannot be abused (Seelau et al, 2005, pg. 364). It is important for the clinician to keep note of this fact as the client may have distrust for law enforcement, thus keeping the abuse a secret.

Online Shoe Company Business Strategy

Online Shoe Company Business Strategy INTRODUCTION The business strategy game is an online, PC-Based game in which you run the world wide athletic footwear market in confronting each other competition against other markets companies run by different group of students into different industry. But this paper only focus on the industry 10 where 12 different companies named Air Nike, Dolce and Banana, IMF vs WTO, Fabulous Foots, Galpha, BAD BOYZ III, Legs supreme, CHU WUB CHU WUB, KVincci, , E-XIE, HA-N Ltd., and Just walk are included. In my industry BAD BOYZ III includes five members (Virayudh Baram, Saif Ur Rehman, Ying Zhao, Maliha Hasin and Imran Shahzad) are responsible for managing all aspects of the companys operation. Every company tried to use their best technique and execute well planned strategies for their company specially considering against the strategies of competitor companies, delivers good bottom-line results (Net Revenue, Earning per share (EPS), the return on equity (ROE), stock price, credit rating and image rating ) and builds shareholder value. This paper is divided in three main sections. First section describe the strategy adopted by BAD BOYZ III Company with the help of Michael Porter â€Å"Five Forces† theory, second section describes the external analysis of company using PESTLE analysis and at end the BAD BOYZ III company analysis from year 11 to year 17 will be discussed with each year progress diagrams shown in Appendix. BUSINESS STRATEGY IMPORTANCE The business strategy game is real time practice business environment. In this game our role is as Manager who responsible to use productive and efficient strategies for company production and profit. In strategic management the role and effect of top managers on company performance and importance of this relationship how may be affected by companys strategy is always recognize as critical issues (Hambrick and Mason (1984), Gupta and Govindarajan (1984), Gunz and Jalland (1996)). Business strategy is influenced by top management team of any firm (Hambrick and Mason, 1984). MICHAEL PORTER (1985) BASIC STRATEGY MODEL Michael Porter (1985) describes market Industry constitution and arrangement within the market is key factor for establishment of competitive strategy. Competitive advantages of any company against other competitors can be described by the â€Å"Five Forces† diagram shows the main idea of Porters theory of competitive advantage. This theory helps companies to know about the rules and regulation of competition in market. Porter argues, The ultimate aim of competitive strategy is to cope with and, ideally, to change those rules in the firms behavior (1985, p. 4).† According to Porter five forces find out company prosperity and profitability. Micheal Porter (1985) five forces are given below: Threat of substitutes Threat of new entrants Bargaining power of buyers Bargaining power of suppliers Competition among existing companies Porters 5 Forces Elements of Industry Structure In strategy implementation, competitive advantages, utilizing new production, new inputs for Foot Wear industry Porters Value Chain and Activity Mapping ideas give us useful information to applying these all activities. The value chain activities help BAD BOYZ III Company for examining all activities related to company performance and interaction such as (e.g. development, marketing, sales, operations, etc.) as a potential source of advantage. In year 12 company situation was little bit down and we were losing market shares in such situation we adopted the value chain activities of Porter. These activities help company existing and potential sources of differentiation e.g. products, associated services. The reason to choose this strategy ‘low cost and value chain system was helpful to underline the competitive advantages that cannot come from production side but anywhere from value chain. It also helps us to fit into value chains like suppliers, buyers and channels. PESTLE ANALYSIS PESTLE analysis is usually used to measure the organizations external factors like position, potential and direction for a business or organization. PESTLE is an acronym for Political, Economic, Social, Technological, Legal and Environmental factors. BAD BOYZ III Company PESTLE analysis is measured below: Political Factors Political factors illustrate that how and to what extent government intervenes in the investment. The main politics factors are trade barriers, tax policy, trade policies, labor law, export tariffs and environmental law. As concern to BAD BOYZ III Company not much influenced by these factors as all four regions North America, Asia Pacific, Latin America and Europe are associated with WTO. Economical Factors Economic factors show how business operate and what of decision would be make, these factors include economic growth, interest rates, exchange rates and the inflation rate. In the success and development of BAD BOYZ III company exchange rate, affect the costs o exporting products and the supply and price o imported product in an economy, plays a major role. From year 11 to year 17 company maintained a steady exchange rate. Even though company made some mistakes but due to healthy exchange rate company never fall badly. Social Factors These factors show cultural effects, health and safety aspects, people their age, population and growth rate, age and careers approaches. BAD BOYZ III Company participated in charity an as well Corporate Social Responsibility (CSR) and also providing complete health and safety environment. Technology Factors Technology factors are ecological and environment aspects like Research and development (R D), technology usage rate and automation, determine barriers to entry, low productive manufacturing level and impact on outsourcing decisions. BAD BOYZ III knows the importance of technology and benefits in business environment. Company all private label capacity stocks in Latin America and Asia Specific was up to date because these technology shifts can affect costs, quality, and lead to innovation. Environment Factors In environment major factors are weather, climate and variation in climate include weather, climate, and change. These factors can be analyzed as company insurance, farming and tourism. Up to date with weather inform company operation according to weather and products they offer to their customers. Legal factors Legal factors determine company legal boundary, discrimination law, consumer law, antitrust law, employment law, and health and safety law. These are average fixed value of any country and companies cannot across these boundaries. ANALYSIS OF BAD BOYZ III COMPANY FROM YEARS 11 TO 17 A complete and in depth analysis of BAD BOYZ III company is given below: Year 11 In the begging of year 11, BAD BOYZ III has total production plant capacity 6,000,000 to complete the requirements of production only for two regions North America and Asia Pacific. BAD BOYZ III Company has also managed to fulfill the production requirements of remaining regions Latin America, Europe-Africa. In the start of year 11 the demand in North America and Asia Pacific is not much high as compared to present production. So our company decided to sell 200,000 production in North America and 800,000 in Asia Pacific. BAD BOYS III adopt strategies free shipping, model offer and attractive price and advertisement in internet segment and in whole sale garment we offer rebate and model with delivery time guaranteed and advertisement to compete in competitive market. With these strategies we got good market share in internet segment but the market share in whole sale was not according to wish. At the end of year 11 our companys progress was good in contrast with other market companies with 7th position out of the 12. BAD BOYZ III company overall progress was good in footwear industry with revenue $266583000, net profit $ 30224000 with credit rating A-. Year 11 complete detail of BAD BOYZ III competitive strengths and weakness and development can be seen from appendix-1. Year 12 In year 12 BAD BOYZ III company co-managers made some changing in their management and business strategy to get maximum profit from footwear industry market. As the result of year 11 and market competitive approach we decided to sell our products with high and standard quality. As the result of new strategy, quality of product, profit was good and also helped to get high position. In internet segment our competitive strength was marketing, celebrity appeal, S/Q rating and model offer but with some weakness like retail price and shipping charges was some kind of not good factor in competitive market. In whole sale market our S/Q rating, rebate offer and retailer supports were our competitive strength points while the competitive weakness were wholesale price and retail outlets. At the end of year 12 because of some weaknesses in whole sale market and internet segment, company overall progress and position of BAD BOYZ II was down 10 out of 12 with revenue 201395000, net profit 8,587,000, EPS 0.86 and credit rating â€Å"c†. The complete description of BAD BOYZ III company year 12 weaknesses, strengths and overall progress is shown on appendix -2. Year 13 Year 12 result forced the BAD BOYZ III management to seriously take the notice of company performance that is going down. After a long discussion among BAD BOYZ III company co-manager we concluded that we should re-evaluate the company strategy and offer high quality products with low price that strategy lead to ‘low cost and increase market shares described by Portal(1985) five forces theory which is focus on high quality with low price. To achieve maximum profit and top position in footwear market we also considered about the private label segments. Year 13 is the year of thinking for us as the result of year 12 that make us to re-think our all strategies and policies that makes impact on our competitive strategies. With adoption of new strategy our competitive strengths retail price, advertising and model significantly increased but still some weaknesses are shipping charges and retail outlet are there. Because of change in strategy and improvement in retail segment, at end of year 13 Company received very good response in private label segment and got satisfaction results in other segments like revenue $ 393,872,000 that is double of last year 12, net profit was $ 31,854,000 with the ratio of earning per share equal to 3.19. These out comes caused companys rank improvement like was 8th out of 12th. In appendix-3 the BAD BOYZ III Companys year 13 overall progress including strength and weaknesses has shown. Year 14 Year 13 results increase our confidence and courage to getting more effective and efficient in the market and also lead us to understand the purchasing behavior of consumers. In year 14 we continued our last used strategy high quality with cheap price to attract more and more customers. It can only be achieved with high production as amount of consumers increased compared last year. To complete this target we need high amount money thats why BAD BOYZ III Company took a long term loan $ 248,000,000 from the bank. That loan enabled us to fulfill the production plant capacity 4600,000 per year in North America. To get high profit and maximize the sale production we seriously focus on private label that enables BAD BOYZ III competitive strengths increased as compare to the year 13 and sufficient reduction in weaknesses like internet segment and wholesale segment. End of the year 14 BAD BOYZ III Company almost received 100% response and overall progress was getting better with revenue $577,496,000 and net profit $41612, 000. In private label segment company done well and sell all pairs in private label segment caused the market share of private label segment increased such as 76.6% in North America, 52.0 % in Asia-pacific and 62.9% in Latin America as contrast to other market shares. This year increase in private label segment and overall progress helped BAD BOYZ III Company to improve its position like 6th out of 12th. For over all progress see Appendix-4. Year 15 Year 15 was little bit thinking year for BAD BOYZ III management team as the competition and consumers increasing unexpectedly. So our management decided to fix with no cost leadership and customer purchasing behaviors strategy by following Porter (1985) five forces and considering more on North Americas private label segment. The main reason to focus on North America was company high expenditure in this region because of more consumers and demands. Company wanted to get 100% feedback from that region as last year our management bought new plant capacity for it. Increased in demand and production caused the increase in BAD BOYZ III competitive strengths as compare to previous year such as ‘celebrity appeal but weakness remained same as ‘model availability. End of the year 15th brought good news in market share as BAD BOYZ III achieved all market share from North America in private label segment as compared to other regions but with some sad news as company lost his market share in rest of regions. The total revenue was $ 530,284,000 and net profit $ 55474,000 which is somewhat increased as contrast to year 14. In BAD BOYZ III company success story another success was stock prize $ 102.49 and company also offered amount 10,135,000 dividend this year. The company rank was getting better and better as was 5 out of 12. In Appendix-5 year 15 overall progress is shown. Year 16 In year 16, BAD BOYZ III Company decided to remain fixed with same strategy as in year 15 company sold almost all products. To achieve this target company decided to increase the production and plants in different segments especially in North America and Asia Pacific to produce more revenue. Company was getting satisfaction feedback from North America, so company decided to build more plant capacity in North America as well in Asia Pacific region. BAD BOYZ III Company purchased 1500 plant capacity and build 500 in North America and also considering Asia Pacific purchased 800 plants capacity in that region. In year 16th the companys competitive strengths were celebrity appeal and advertising same as last year and company also tried to get rid of the weakness related to company production and profit. Company decided to sell quantity of 500 stocks in the price of $ 96.72 as stock price was really high. At the end of the year 16th the BAD Company revenue was $ 537,898,000 that is little bit high as contrast the previous year and net profit was $30,721,000. As company was getting almost 100% market share in private label from North America caused BOYZ III market share strong position in foot wear market. Appendix-6 represents the Year 16 over all progress. Year 17 Year 17 was decision year for BAD BOYZ III management because company management decided to buy new plant in North America with capacity of 1,900,000 pairs per year. This decision is made on behalf of the year 16 results as consumers increase unexpectedly. Company also reduced the 50% prices of pairs to sell more and more products in all regions to accomplish this strategy and apply these prices we need more and more stocks. Company decided to purchase new 3135 stocks with the price of 57.73 per share. These share prices were higher than the average market shares and company still focusing on North America private label segment with 90.5% share. As mentioned above year 17 was decision year for BAD BOYZ III to make another major decision in market. For this purpose we make a commission to discuss all aspects of Footwear Company including stocks and competitive environment. In this commission we included that we should offer 4000 pair at price of $ 40, was doubled as compare to last year, in North America private label region. That decision is made on two reasons: From the last few years company was getting required feedback from North America. There were no strong competitors in North America. At the end of year 17th the decisions made and strategies applied resulted in excellent outcomes. In North America private label company sold 3546 pairs out of 4,000 at double price $40. BAD BOYZ III company revenue was 690,317,000 and net profit was 107,491,000 increased highly up to 300%. These successful factors boost company rank to top three positions like was 3rd out of 12. The other big achievement was in region of Earning per Share (EPS) that was $14.33 helped to come in 76th position from all over the world in footwear industry. APPENDIXES Appendix-1 Year 11th BAD BOYZ III Annual Summary Report Appendix-2 Year 12th BAD BOYZ III Annual Summary Report Year 12th BAD BOYZ III Annual Summary Report Revenue Net Profit Earnings Per Share Stock Price Return On Equity Image Rating Credit Rating $201,395,000 $8,587,000 $0.86 $21.07 4.60% 61 C North America Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $62.66 $52.47 MAX $47.47 Model Offered 200 168 200 192 Advertising $15,000,000 $6,959,000 $15,000,000 $6,879,000 Celebrity Appeal 100 23 100 21 S/Q Rating 6 5 6 5 4 Market Share 10.0% 9.1% 6.6% 8.3% 0.0% 100.0% Europe Africa Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $69.52 $62.80 $53.32 MAX $48.32 Model Offered 200 166 200 192 Advertising $15,000,000 $6,771,000 $15,000,000 $6,771,000 Celebrity Appeal 70 18 70 18 S/Q Rating 6 5 6 5 4 Market Share 9.4% 8.3% 7.2% 8.3% 0.0% 100.0% Asia Pacific Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $95.53 $51.88 MAX $46.88 Model Offered 2 Online Shoe Company Business Strategy Online Shoe Company Business Strategy INTRODUCTION The business strategy game is an online, PC-Based game in which you run the world wide athletic footwear market in confronting each other competition against other markets companies run by different group of students into different industry. But this paper only focus on the industry 10 where 12 different companies named Air Nike, Dolce and Banana, IMF vs WTO, Fabulous Foots, Galpha, BAD BOYZ III, Legs supreme, CHU WUB CHU WUB, KVincci, , E-XIE, HA-N Ltd., and Just walk are included. In my industry BAD BOYZ III includes five members (Virayudh Baram, Saif Ur Rehman, Ying Zhao, Maliha Hasin and Imran Shahzad) are responsible for managing all aspects of the companys operation. Every company tried to use their best technique and execute well planned strategies for their company specially considering against the strategies of competitor companies, delivers good bottom-line results (Net Revenue, Earning per share (EPS), the return on equity (ROE), stock price, credit rating and image rating ) and builds shareholder value. This paper is divided in three main sections. First section describe the strategy adopted by BAD BOYZ III Company with the help of Michael Porter â€Å"Five Forces† theory, second section describes the external analysis of company using PESTLE analysis and at end the BAD BOYZ III company analysis from year 11 to year 17 will be discussed with each year progress diagrams shown in Appendix. BUSINESS STRATEGY IMPORTANCE The business strategy game is real time practice business environment. In this game our role is as Manager who responsible to use productive and efficient strategies for company production and profit. In strategic management the role and effect of top managers on company performance and importance of this relationship how may be affected by companys strategy is always recognize as critical issues (Hambrick and Mason (1984), Gupta and Govindarajan (1984), Gunz and Jalland (1996)). Business strategy is influenced by top management team of any firm (Hambrick and Mason, 1984). MICHAEL PORTER (1985) BASIC STRATEGY MODEL Michael Porter (1985) describes market Industry constitution and arrangement within the market is key factor for establishment of competitive strategy. Competitive advantages of any company against other competitors can be described by the â€Å"Five Forces† diagram shows the main idea of Porters theory of competitive advantage. This theory helps companies to know about the rules and regulation of competition in market. Porter argues, The ultimate aim of competitive strategy is to cope with and, ideally, to change those rules in the firms behavior (1985, p. 4).† According to Porter five forces find out company prosperity and profitability. Micheal Porter (1985) five forces are given below: Threat of substitutes Threat of new entrants Bargaining power of buyers Bargaining power of suppliers Competition among existing companies Porters 5 Forces Elements of Industry Structure In strategy implementation, competitive advantages, utilizing new production, new inputs for Foot Wear industry Porters Value Chain and Activity Mapping ideas give us useful information to applying these all activities. The value chain activities help BAD BOYZ III Company for examining all activities related to company performance and interaction such as (e.g. development, marketing, sales, operations, etc.) as a potential source of advantage. In year 12 company situation was little bit down and we were losing market shares in such situation we adopted the value chain activities of Porter. These activities help company existing and potential sources of differentiation e.g. products, associated services. The reason to choose this strategy ‘low cost and value chain system was helpful to underline the competitive advantages that cannot come from production side but anywhere from value chain. It also helps us to fit into value chains like suppliers, buyers and channels. PESTLE ANALYSIS PESTLE analysis is usually used to measure the organizations external factors like position, potential and direction for a business or organization. PESTLE is an acronym for Political, Economic, Social, Technological, Legal and Environmental factors. BAD BOYZ III Company PESTLE analysis is measured below: Political Factors Political factors illustrate that how and to what extent government intervenes in the investment. The main politics factors are trade barriers, tax policy, trade policies, labor law, export tariffs and environmental law. As concern to BAD BOYZ III Company not much influenced by these factors as all four regions North America, Asia Pacific, Latin America and Europe are associated with WTO. Economical Factors Economic factors show how business operate and what of decision would be make, these factors include economic growth, interest rates, exchange rates and the inflation rate. In the success and development of BAD BOYZ III company exchange rate, affect the costs o exporting products and the supply and price o imported product in an economy, plays a major role. From year 11 to year 17 company maintained a steady exchange rate. Even though company made some mistakes but due to healthy exchange rate company never fall badly. Social Factors These factors show cultural effects, health and safety aspects, people their age, population and growth rate, age and careers approaches. BAD BOYZ III Company participated in charity an as well Corporate Social Responsibility (CSR) and also providing complete health and safety environment. Technology Factors Technology factors are ecological and environment aspects like Research and development (R D), technology usage rate and automation, determine barriers to entry, low productive manufacturing level and impact on outsourcing decisions. BAD BOYZ III knows the importance of technology and benefits in business environment. Company all private label capacity stocks in Latin America and Asia Specific was up to date because these technology shifts can affect costs, quality, and lead to innovation. Environment Factors In environment major factors are weather, climate and variation in climate include weather, climate, and change. These factors can be analyzed as company insurance, farming and tourism. Up to date with weather inform company operation according to weather and products they offer to their customers. Legal factors Legal factors determine company legal boundary, discrimination law, consumer law, antitrust law, employment law, and health and safety law. These are average fixed value of any country and companies cannot across these boundaries. ANALYSIS OF BAD BOYZ III COMPANY FROM YEARS 11 TO 17 A complete and in depth analysis of BAD BOYZ III company is given below: Year 11 In the begging of year 11, BAD BOYZ III has total production plant capacity 6,000,000 to complete the requirements of production only for two regions North America and Asia Pacific. BAD BOYZ III Company has also managed to fulfill the production requirements of remaining regions Latin America, Europe-Africa. In the start of year 11 the demand in North America and Asia Pacific is not much high as compared to present production. So our company decided to sell 200,000 production in North America and 800,000 in Asia Pacific. BAD BOYS III adopt strategies free shipping, model offer and attractive price and advertisement in internet segment and in whole sale garment we offer rebate and model with delivery time guaranteed and advertisement to compete in competitive market. With these strategies we got good market share in internet segment but the market share in whole sale was not according to wish. At the end of year 11 our companys progress was good in contrast with other market companies with 7th position out of the 12. BAD BOYZ III company overall progress was good in footwear industry with revenue $266583000, net profit $ 30224000 with credit rating A-. Year 11 complete detail of BAD BOYZ III competitive strengths and weakness and development can be seen from appendix-1. Year 12 In year 12 BAD BOYZ III company co-managers made some changing in their management and business strategy to get maximum profit from footwear industry market. As the result of year 11 and market competitive approach we decided to sell our products with high and standard quality. As the result of new strategy, quality of product, profit was good and also helped to get high position. In internet segment our competitive strength was marketing, celebrity appeal, S/Q rating and model offer but with some weakness like retail price and shipping charges was some kind of not good factor in competitive market. In whole sale market our S/Q rating, rebate offer and retailer supports were our competitive strength points while the competitive weakness were wholesale price and retail outlets. At the end of year 12 because of some weaknesses in whole sale market and internet segment, company overall progress and position of BAD BOYZ II was down 10 out of 12 with revenue 201395000, net profit 8,587,000, EPS 0.86 and credit rating â€Å"c†. The complete description of BAD BOYZ III company year 12 weaknesses, strengths and overall progress is shown on appendix -2. Year 13 Year 12 result forced the BAD BOYZ III management to seriously take the notice of company performance that is going down. After a long discussion among BAD BOYZ III company co-manager we concluded that we should re-evaluate the company strategy and offer high quality products with low price that strategy lead to ‘low cost and increase market shares described by Portal(1985) five forces theory which is focus on high quality with low price. To achieve maximum profit and top position in footwear market we also considered about the private label segments. Year 13 is the year of thinking for us as the result of year 12 that make us to re-think our all strategies and policies that makes impact on our competitive strategies. With adoption of new strategy our competitive strengths retail price, advertising and model significantly increased but still some weaknesses are shipping charges and retail outlet are there. Because of change in strategy and improvement in retail segment, at end of year 13 Company received very good response in private label segment and got satisfaction results in other segments like revenue $ 393,872,000 that is double of last year 12, net profit was $ 31,854,000 with the ratio of earning per share equal to 3.19. These out comes caused companys rank improvement like was 8th out of 12th. In appendix-3 the BAD BOYZ III Companys year 13 overall progress including strength and weaknesses has shown. Year 14 Year 13 results increase our confidence and courage to getting more effective and efficient in the market and also lead us to understand the purchasing behavior of consumers. In year 14 we continued our last used strategy high quality with cheap price to attract more and more customers. It can only be achieved with high production as amount of consumers increased compared last year. To complete this target we need high amount money thats why BAD BOYZ III Company took a long term loan $ 248,000,000 from the bank. That loan enabled us to fulfill the production plant capacity 4600,000 per year in North America. To get high profit and maximize the sale production we seriously focus on private label that enables BAD BOYZ III competitive strengths increased as compare to the year 13 and sufficient reduction in weaknesses like internet segment and wholesale segment. End of the year 14 BAD BOYZ III Company almost received 100% response and overall progress was getting better with revenue $577,496,000 and net profit $41612, 000. In private label segment company done well and sell all pairs in private label segment caused the market share of private label segment increased such as 76.6% in North America, 52.0 % in Asia-pacific and 62.9% in Latin America as contrast to other market shares. This year increase in private label segment and overall progress helped BAD BOYZ III Company to improve its position like 6th out of 12th. For over all progress see Appendix-4. Year 15 Year 15 was little bit thinking year for BAD BOYZ III management team as the competition and consumers increasing unexpectedly. So our management decided to fix with no cost leadership and customer purchasing behaviors strategy by following Porter (1985) five forces and considering more on North Americas private label segment. The main reason to focus on North America was company high expenditure in this region because of more consumers and demands. Company wanted to get 100% feedback from that region as last year our management bought new plant capacity for it. Increased in demand and production caused the increase in BAD BOYZ III competitive strengths as compare to previous year such as ‘celebrity appeal but weakness remained same as ‘model availability. End of the year 15th brought good news in market share as BAD BOYZ III achieved all market share from North America in private label segment as compared to other regions but with some sad news as company lost his market share in rest of regions. The total revenue was $ 530,284,000 and net profit $ 55474,000 which is somewhat increased as contrast to year 14. In BAD BOYZ III company success story another success was stock prize $ 102.49 and company also offered amount 10,135,000 dividend this year. The company rank was getting better and better as was 5 out of 12. In Appendix-5 year 15 overall progress is shown. Year 16 In year 16, BAD BOYZ III Company decided to remain fixed with same strategy as in year 15 company sold almost all products. To achieve this target company decided to increase the production and plants in different segments especially in North America and Asia Pacific to produce more revenue. Company was getting satisfaction feedback from North America, so company decided to build more plant capacity in North America as well in Asia Pacific region. BAD BOYZ III Company purchased 1500 plant capacity and build 500 in North America and also considering Asia Pacific purchased 800 plants capacity in that region. In year 16th the companys competitive strengths were celebrity appeal and advertising same as last year and company also tried to get rid of the weakness related to company production and profit. Company decided to sell quantity of 500 stocks in the price of $ 96.72 as stock price was really high. At the end of the year 16th the BAD Company revenue was $ 537,898,000 that is little bit high as contrast the previous year and net profit was $30,721,000. As company was getting almost 100% market share in private label from North America caused BOYZ III market share strong position in foot wear market. Appendix-6 represents the Year 16 over all progress. Year 17 Year 17 was decision year for BAD BOYZ III management because company management decided to buy new plant in North America with capacity of 1,900,000 pairs per year. This decision is made on behalf of the year 16 results as consumers increase unexpectedly. Company also reduced the 50% prices of pairs to sell more and more products in all regions to accomplish this strategy and apply these prices we need more and more stocks. Company decided to purchase new 3135 stocks with the price of 57.73 per share. These share prices were higher than the average market shares and company still focusing on North America private label segment with 90.5% share. As mentioned above year 17 was decision year for BAD BOYZ III to make another major decision in market. For this purpose we make a commission to discuss all aspects of Footwear Company including stocks and competitive environment. In this commission we included that we should offer 4000 pair at price of $ 40, was doubled as compare to last year, in North America private label region. That decision is made on two reasons: From the last few years company was getting required feedback from North America. There were no strong competitors in North America. At the end of year 17th the decisions made and strategies applied resulted in excellent outcomes. In North America private label company sold 3546 pairs out of 4,000 at double price $40. BAD BOYZ III company revenue was 690,317,000 and net profit was 107,491,000 increased highly up to 300%. These successful factors boost company rank to top three positions like was 3rd out of 12. The other big achievement was in region of Earning per Share (EPS) that was $14.33 helped to come in 76th position from all over the world in footwear industry. APPENDIXES Appendix-1 Year 11th BAD BOYZ III Annual Summary Report Appendix-2 Year 12th BAD BOYZ III Annual Summary Report Year 12th BAD BOYZ III Annual Summary Report Revenue Net Profit Earnings Per Share Stock Price Return On Equity Image Rating Credit Rating $201,395,000 $8,587,000 $0.86 $21.07 4.60% 61 C North America Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $62.66 $52.47 MAX $47.47 Model Offered 200 168 200 192 Advertising $15,000,000 $6,959,000 $15,000,000 $6,879,000 Celebrity Appeal 100 23 100 21 S/Q Rating 6 5 6 5 4 Market Share 10.0% 9.1% 6.6% 8.3% 0.0% 100.0% Europe Africa Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $69.52 $62.80 $53.32 MAX $48.32 Model Offered 200 166 200 192 Advertising $15,000,000 $6,771,000 $15,000,000 $6,771,000 Celebrity Appeal 70 18 70 18 S/Q Rating 6 5 6 5 4 Market Share 9.4% 8.3% 7.2% 8.3% 0.0% 100.0% Asia Pacific Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $95.53 $51.88 MAX $46.88 Model Offered 2