The Roles of 3 Key Participants in the Property Development Process In Research Paper

The Roles of 3 Key Participants in the Property Development Process In Australia - Research motif ExampleArchitects, property developers, and town planners here in Australia see the true picture of international compact developed between these three key players in property development abroad and are at a time trying to implement them here. Despite differences, these players are working in unison to create world-class infrastructures.The stinting and demographic opportunities arising from demand for better and competitive infrastructures have dictated developers and architects to forge an alliance that has shown tremendous supremacy in places like Amsterdam, Hong Kong, London, Melbourne, Montreal, New York, and Tokyo. As architects and property developers break boundaries together, they are also beginning to pass on an established pattern of notorious and longstanding ill will. Property development has to be market driven and certainly not product driven. The architect can creat ively add great value to the developers commercial-grade objectives by design. By working in tandem, an architect can achieve his architectural agenda at the same time. (Property Development and Progressive Architecture - The New Alliance, www.elx.com.au, referred on 4.27.2006)1 3.0 Property Developer This paper sets out to denounce and highlight the similarities of the role, objective, priorities, and attitude held by Developers, Architects, and Statutory Environmental/Town Planners with respect to Property Development Process. Developers replace undeveloped, under-developed land, or existing buildings to satisfy market demands, using their entrepreneurial skills. Like all other entrepreneurs, developers expect, rightfully, to scram an appropriate rate of remuneration for their skill and risk involved in the particular development work. Sadly, a majority of property developers, who possess the genuine skill, expertise, a sound sense of social responsibility, and most of all, d ress in their work, do not receive the publicity which they deserve. Peoples real estate needs are met by means of the operation of various kinds of differing property markets in Australian society. These different types of markets can be categorized generally by way of location, size and usage criteria.

Ethics, Virtue and Moral Agency Assignment Example | Topics and Well Written Essays - 250 words

Ethics, Virtue and Moral deputation - Assignment ExampleVirtues are the good behavior and morals aimed at promoting good and peaceful coexistence in the midst of people and doing good both to oneself and others (David, 77).I prefer that ethics is a real requirement for existent in life since without it, the human actions are random and useless. There would be no way to take up between a good goal and a wrong one if there will be none to choose upon.I personally view myself as believing in having virtues to be very important in life. This is because moral goodness is important for peaceful coexistence amongst people in the society. An example is the wideness of the virtue of chastity especially among women in my community (David, 34). This will create peace in the community. some other example is the importance of the virtue of patience in society.Moral agency is also important to me very much. It is good to act properly in accordance to the communitys notion. Since everyone h as the freedom of choosing what to do, I am always for the choice of doing the right just to avoid problems in

History of Photography - Eugene Richards Term Paper

History of Photography - Eugene Richards - Term Paper ExampleIn retrospect, it became a whole different world that I came to treasure. White taught me to look at light and to inert dash off and see things in a more meditative fashion, to become more involved. (Cited from Rosalind Smith, shutterbug.net) In 1968, Eugene resisted a military draft and instead of being sentenced, he was offered a position with VISTA (Volunteers in help to America) which is a federal program of the war on poverty. About a year and a half later after working with VISTA in Arkansas Eugene became a co-founder for a affectionate service organization and community newspaper known as Many Voices which inform on black-market political action as well as the Ku Klux Klan. Today Eugene stands as angiotensin converting enzyme of the most talked well-nigh photographs in the field of Photojournalism, well exhibited and the proud recipient of many awards in his field. Not known for doing halcyon photographs, ex cept they are most times relatable. This Photographer can shoot photographs that tell stories to fill the pages of many. Gettyimages.com reported that Eugenes photographs have been extensively collected and exhibited in more than 40 solo shows in the joined States and abroad. Rencontres Internationales de la Photographie in Arles, the International Center of Photography in New York, Centre National de la Photographie and the Foundation Henri Cartier-Bresson in Paris and VISA pour lImage in Perpignan are but a few of the many institutions that have hosted his exhibitions. In June 2007, Eugene was honored with a large-scale retrospective, Thirteen Books, at the LOOK3 Festival of the Photograph in Charlottesville, Virginia. Eugene Richards Career Once he returned to Dorchester, Richards decided to photograph his racially authentic neighborhood-after which he create a book Dorchester Days. Eugene then worked as a freelance cartridge photographer, undertaking diverse assignments such as the American family, drug addiction, river blindness, Pediatric AIDS etc. Richards has published a lot of books another being Exploring Life which was inspired by his first wifes battle with breast cancer. There are instances when Richards reverted to some old-fashioned or yet sometimes loyal brutal reporting which was depicted in a series he shot in Mexico period working with a Human Rights group. He shot a mens psychiatric ward, the vacancy and the barely clad inmates alongside a pool of urine cascading through the center of his frame. Undoubtedly one of the greatest photographers of our era, Richards and his work are one. He is always deeply involved. He photographed a young Sicilian woman moments after she has given birth, holding the infant to her as tears of joy slide down her cheeks. Her husband bends to kiss her, still draped in his surgical gown. The photograph, part of the American Family series, was through with(p) for Life magazine. (Cited from Rosalind Smith, shu tterbug.net) Emotions ran high as Richards documented the joint parenting of two gay couples. The series titled heres to Love borders on the edge and the magazine assignment became history when Richards photographed the innocent picture of the pander in a bathtub with one of the men. The editor said the baby was learning sexuality from the father, Richards tells us, and I tried to make a point to this editor asking, Well, what have you learnt nearly sexuality from your parents? Probably about as much as I did

Puppeteers of the Populist Culture Essay Example | Topics and Well Written Essays - 2000 words

Puppeteers of the Populist Culture - Essay ExampleThis essay shall discuss the impact of the manipulatory techniques on the society, which is the zip factor that creates a following. It shall explicate the cultural populism that emphasizes the precedent of the audience in interpreting the objects of consumption, which objects become contrivanceifacts of the polish of occasional living. In the process it shall envisage an understanding of the works of Klien, Adorno and Horkheimer, Hebdige, Rutherford, and Danesi, and the definition of culture, the undercurrents that drive the mass culture and their sparing and political consequences, the ultimate beneficiaries of the whole process.Culture can be understood as possessing some transient characters, by which they are identified by people of different ages, as Hebdige suggests it is Refracted through centuries of usage and has acquired a add up of quite different, often contradictory, meanings (p. 66). However, he delineates two sp ecific definitions by which it is perceived 1) the traditional terms as manifested in the generally accepted best practices of the world which includes appreciation of classical forms of art such as literature, ballet, and drama and 2) the one that is derived from the science of anthropology wherein the meanings and values are not taken in the context of art but, as a means of classification (p. 67). However, accepting broader definition proposed by Williams (1961), which included the relationships between culture and society, one which through the analysis of particular meanings and values sought to uncover the conceived fundamentals of history (Hebdige 67) is a more reusable one, in the context of the cultural studies. This would enable both the definitions of culture to be more meaningfully unified with each other. Herein the use of ideology or the basic principles on which the culture stood for. Over a period of time ideology itself became broad-based and incorporated a wide v ariety of terms, seeping into all aspects and levels of sociability (Hebdige 68). This explanation is pertinent because, ideology is not explicit, but invisible by its apparent transparency (Hall 1977 cited in Hebdige 69), rather it acts from the base, from the bottommost layer of the mind, on which all other outside(a) symbols and signs are based. This comes to the forefront, and acts as external manifestations of the dominant groups and sub-ordinate groups inherent in the society, which paves the way for class connotations within the society. The conflicts and tensions within these groups and sub-groups is rather understood from the validatory expressions of style in which the ideology is produced and reproduced by means of signs and objects in the society. Inevitably, the conflicts give rise to Hegemony or the military post in which a provisional alliance of certain social groups exert total social authority over the underling groups (Hebdige 72). The most important point rai sed by Hebdige which is pertinent to this analysis is that, this authority is not win by force or compulsion, rather by winning and shaping consent so that the power of the dominant classes appears both legitimate and natural (Hall 1977 cited

What make Abraham Lincoln an American Research Paper

What make Abraham capital of Nebraska an American - Research Paper ExampleVarying aspects desex America and as such define what Abraham as an American was. However, of surety is the fact that divulgestanding Americans of every last(predicate) times have been described or defined by certain of these pillow slipistics. This paper establishes the characters, which defined him to be a great(p) American of all the times. The analysis of Abraham Lincoln as a great American revolves around the definition of Americanism to allude to great conviction or attitude that has special attention ascribed to the nation, US culture, governmental interest as salubrious as the national interest of the great American state. Therefore, this paper has special attention in the heavy political convictions and great oratory competence that saw him rise to the height of his political career and demeanor as the sixteenth US president. To be specific, Abraham was described by his stern stand against sl avery and discrimination, which has a great attention in what, defines the United States. His rise to power for instance signaled the divide, which saw the northern states as well as the Northern states separate on the bases of support of or against slavery. The Southern had great witness to slave and slave trade which according to Abraham created class divide among the Americans and which he strictly opposed. His governance was whence characterized by the great opposition from the political elites who advocated for the class divisions as against the sovereignty of all Americans the free and the slaves. In a century and over time in the history of America, Abraham Lincoln continues to have great cognizance amongst the American natives as well as across the globe. Penn Schoen Berland conducted a study to establish the perceptions of Americans towards Abraham and found out among other things that he is perceived to have been the best as well as most authoritative US president that has ever been. However, there were still a number who opposed the opinion and pull down lesser number having no knowledge about Abraham Lincoln. In fact, a good percentage of the Americans in the current time reason that president Obama compares to some extent with Abraham Lincoln though non to a matching degree where there is still the perception that Abraham stands out against the current president in matters mop up ideal as well as leadership. In many aspects, among the legendary American heroes, Abraham Lincoln is depict as being the American original from his deep conviction of the sovereignty of the state and all the inhibitors, not defined by race or state of life slaves and or free (Penn, 2-4). In an military rank to his life, much lays an inspiration to many following his determination to hail from a very humble background knowledge and to forge his way to the highest office in the land and to command great leadership of all the time. His intake and great determinat ion, which saw him, uphold great integrity are among the basic traits that illustrated the great American in him. He represented the self made person of his time as the nobility in his character is often described. Though he was raised from a poor background, he struggled his way done academics through self-sponsorship, which led him to his law career. Having been brought up in the countryside by his step fuck off (having lost own mother at the age of 9 years), Lincoln had great determination to acquire formal education. Despite the great challenges that came his way, his staunch determination saw him rise to the House of Commons and thus engaged in his political career (Abraham Lincoln, para 1). It is within his service in the state legislature of Illinois that he started voicing his against slavery, not only

Do I know that I have a Hand Essay Example | Topics and Well Written Essays - 1750 words

Do I know that I have a Hand - Essay ExampleFor the case of the dream incertitude, we atomic number 18 prone to doubt our dreams, why? Because dreams are an assumption of what the reality would be to us rather than a certainty of what it rightfully is.For instance, one uses his/her workforce to grab something in real life and dream therefore, it is hard to tell when we are imagining and we are not.REM is the coiffure where dreams occur and in eight hours of sleep there is about three cycle of REM stage. The prototypal is close to 15 minutes then the rest are 40 to 60 minutes long. Because we are not dreaming for few minutes like we remember when we wake up from a dream, we cannot really prove if we woke up from a real life and continuing to dream or woke up from a dream and continuing the real life. If work force were unmovable items, it would be harder to believe they are not real.That is why when we wake up we find that in was just a brief assumption and not a reality. We n eed to discover that we cannot know something at the same period and doubt it. One comes first. We need to doubt to believe. That is why when we dream we are using our hand we are believing in a contrastive perspective as opposed to waking up from our dream to find out that reality is farthest much bigger that the dream, thus we seek to doubt the dream. Thus the dream and reality all occupy to the uncertain and certain analytical point of view.They are on the one hand experiences of the ordinary, healthy mind, experiences with which no one could plausibly deny an acquaintance, and yet, on the other hand, they are comparable, in their extravagance and deceptiveness, to the delusions of insanity the narrator has just been considering. I see plainly that there are never any sure signs by means of which being awake can be distinguished from being asleep. The result is that I depress to feel dazed, and this very feeling only reinforces the notion that I may be asleep.If someone with out hands can dream that they have

Time mangement Essay Example | Topics and Well Written Essays - 500 words

Time mangement - Essay ExampleGoals and priorities can be said to be what we intend to obtain and what we have to do to achieve our goals.In my case, I would be divergence to college which means that it would be the egress one priority. College volition prep ar me for the future. But going to college will not be the only liaison that I will do. I have other things to consider also to fully function as a person such as family, friends and recreation while not losing my sight of my goal of going to college. Hence, time management has to come in for me to plan and budget my time so that I will be able to attend to all of my obligations effectively.Once in college, I have to set my priorities straight. sunlight night to weekdays will be dedicated solely to school. That means no partying during weekdays. A couple of hours or three for recreational sport is allowable for as long as there would be no major exams coming. Friday night is for partying and hanging out with friends. Satur day would be spent for my self or any major research that is needed for school. If there are no projects or major paper that needs to be written, Saturday would be a nice time to go out of town, play video games or only hang around with family and friends. Sunday would be exclusively for family. Activity can vary from watching motion-picture show or just having a plain good old barbeque picnic in our backyard.During weekdays and in school, time has also to be effectively managed. It will not be enough just not to party during those time but more importantly, is for me to know what to do with my time. College is not just about be classes. It also involves reading, going to the library, writing papers and spending some time with friends. After classes, it would be damp to rest a couple of hours to refresh myself so I can study later. If there are no exams or heavy classess in the next day, spending a couple of hours in the gymnasium or basketball court would be healthy and a plea sant

U07d1 Boxes in our Lives Essay Example | Topics and Well Written Essays - 250 words

U07d1 Boxes in our Lives - Essay ExampleOur offices or professional settings are also boxes, which confine us. Boxes, which are very small in size much(prenominal) as congested buildings, also appear as confinements such as prisons. Professional settings should have to be open and should have better landscapes around them as there should be natural environment there. For examples, there should be plants and trees in offices and there should be attached lunching places that are outside the offices. The attitudes of administration and otherwise people working should be friendly in order to lessen the confinement felt. As faraway as prisons are concerned, they should be constructed with big rooms with doors and non cages.It will give a sentience of openness and broadness. Friendly atmosphere will also allow us to think that we are not confined and will give us a homely look. Therefore, it is clear that we have to remain in boxes but sense of confinement and security depend on diff erent situations. It is our own understanding that drags us to consider a box as a confined entity or a secure

Global finacial crisis Research Paper Example | Topics and Well Written Essays - 2500 words

globose finacial crisis - Research Paper ExampleLiquidity rate is the process of transforming solid assets into actual money. It is an indication of insufficient flow of finances. This work focuses on the spherical financial crisis with regards to its causes, effects and remedies among other aspects. This crisis was caused by several factors more so in the developed world. One of the major causes was the collapse of the real nation sector in 2006. This occurred when the sector lost its securities (pricing). The majority of major financial institutions had to close several(prenominal) operations since majority of them seem on the real estate. This happened when the U.S among other developed nations like United Kingdom established some policies that enabled citizens to birth homes by creating a general platform for easy access of housing loans and mortgages. This was a predicament that the be given would provide adequate capital to the banks through safe interests. This caused housing prices to reduce from 2006 to 2012. Several real estate agencies or companies reported the greatest losses in the entire history of the sector. This could be indicated in the regional and international stock marts. The policy enables the majority to own their own homes, hence very few large number were left to rent or purchase housing facilities from the real estate sector or agencies. ... intimately of these companies are funded by institutional investors as well as foreign banks. This compelled President George W. Bush to bind insufficient bailout to the majority of the homeowners who could not repay their mortgage debts or loans. In short, the crisis was a result of policies that enabled citizens acquires loans to relieve oneself their private residential structures, only for the majority of them to fail to pay their mortgage debts. The government had to offer some bail out, even though at some point, the president declared that were restrict resources to offer much (prenominal) bailouts. Depreciation of house prices increased to an extent that such values were far much below the mortgages. This created a kind of foreclosure in the financial sector. From 2006, there was a kind of financial drain from the consumers as a result, this weakened financial stability among the banking institutions. There was a huge pool of loan defaulters, which compromised the housing market and the national economy as a whole. The loss was estimated to be trillions of U.S Dollars on a global scale. oftentimes blame for the crisis is placed on the U.S government to establish some policies that encouraged direct deals between the citizens and the global or major financial institutions. History indicates that before 1970, United States ventured on a certain vexation or economy strategy where vital economic issues were enclosed to the government and not the public. During that period, there were limited deals between the governmental or global financial institutions a nd private developers, instead the government recognized corporations, companies or partners. Any party wishing to get some loans was to

Cartel Essay Example | Topics and Well Written Essays - 1000 words

Cartel - Essay congressmanA cartel includes a secretive agreement in the midst of competing parties on total constancy proceeds levels, price fixing, credit conditions, and division of profits, bid rigging, discounts, customers, and areas to receive the supply, merchandise shares, and/or businesses to win contracts ( short letter of bewitching Trading 1). The main objectives of a cartel agreement are to dramatise prices, increase individual profitability, and inflict competition in the industry. Cartels have adverse effects on the industry as they reduce choices, inflate market prices, and inhibit the overall economy (Australian Competition and Consumer Commission 1). As such, cartels are culpable in most countries and take place in secrecy where it is not easy to establish their existence. However, a cartel has less influence on an industry than a monopoly. A cartel can be local, national or international where ion the recent times cartels steal billions of dollars from th e vulnerable customers every year (Australian Competition and Consumer Commission 1). We can classify cartels into public and private cartels. The government takes place in a public cartel where it implements the cartel agreement and defends the cartel from any liability as it seeks to benefits all the citizens. On the other hand, a private cartel is illegal under the antitrust laws as it seeks to benefit provided the parties in the cartel agreement to the disadvantage of everybody else. As such, the Competition Act, Article 101 TFEU of the EC Treaty, the first step Act (Office of Fair Trading 1), and EU competition law prohibit cartels that allows for price fixing, market sharing, limitation of production or supply or bid rigging (European Commission 1). Nevertheless, we hush have cartels in the world, which include the controversial Organization of Petroleum Exporting Countries (OPEC), which is the worlds largest cartel under the auspices of U.S. foreign trade laws. As such, b ased on my understanding of a cartel, we can experience a cartel in different industries. This is because cartels can actually occur in almost any industry where it involves good or services at the manufacturing, distribution, or marketing levels. However, some industries are more abandoned to cartels compared to others because of their mode of operations or their presidencyal structure. Ideally, industries with few competitors, where the products have similar characteristics, where communication channels between competitors are already established, or where the industry is suffering from over supply are prone to cartels (Office of Fair Trading 1). More specifically, cartels usually take place in an oligopolistic industry where there are few sellers, barriers to entry, and homogeneous products. Like in most European nations, cartels are illegal in the unite States of America. However, although many consider the Organization of Petroleum Exporting Countries (OPEC)as a cartel, the U.S. foreign trade laws protects it claiming it is an global organization with a legal, long-term, and significant objective. Nevertheless, cartels like drug cartels and all naked cartels are illegal in U.S. Notably, dissimilar agencies and legislations like the Competition and Consumer Act prohibits cartels under civil law and makes it a criminal offence for individuals and

Decision-Making process Term Paper Example | Topics and Well Written Essays - 750 words

Decision-Making process - Term Paper ExampleManagers atomic number 18 therefore expected to conform to up with the best finding. Nelson and Quick constituenticularly discuss different decision models that could suitable to explain around surmisals about the best decision one could ever make. The first is rational model which has the basic assumption that the decision maker is conscious about the best decision he or she has to choose from the getable preferences. The next is bounded rationality model which has basic assumptions that managers should select satis itemory decisions, they have simple pot of the world, and they are comfortable with their decisions even without alternatives and they are into heuristic decision or based on the regulation of thumb. Then there are also times when the decision-maker has to decide randomly or in an unsystematic way. Such of this is explained by the garbage can model. Nelson and Nick also discuss Jungs cognitive modal value which is bas ed on the idea of gathering information and evaluating the best alternatives. In this model, it is assumed that individuals are able to perceive things and eventually judge them. There is therefore a substantial risk in this considering the fact that perception at some point may eventually be based on ad hominem choices that could be subjective at certain level. However, Nelson and Nick include that the influence of other individual in the decision making is viewed to have significant impact because from the point of view of cognitive approach, they too are capable of perceiving things and evaluating on them based on their best preferences. Furthermore, they point out that creativity is an integral part of the humans capability. However, they believe that the problem with relying on others decision could be a potential drawback due to organizational influence, which means that the entire decision and its creativity could either be hinder or supported. They also point out that the good thing however about group decision includes acquiring more knowledge and information, increase acceptance and commitment due to giving opportunity for separately member to

Explore peter hollindales claim that peter pan retains its magical Essay

Explore peter hollindales claim that peter pan retains its magical cinch and its ongoing modernity with reference to differ - Essay ExampleIndeed, Peter Hollindale argues that whilst some 20th coke literature is best interpreted in spite of appearance its historical backdrop Peter junk carcass pertinent (Hollindale, 2005). To this end, Hollindale posits that Peter Pan retains its magical elasticity and its ongoing modernity and this paper critically evaluates this statement with detail reference to different versions of Peter Pan since its original production. In supporting his argument, Hollindale refers to the centenary of the first motion of Peter Pan, which was marked throughout various media modes in the UK from television to radio. However Hollindale refers to the argument of drama critic Michael Billington that whilst television is often fixated with the first half of the 20th century the continued importance accorded to Peter Pan in production is justified due to th e character providing a microcosm of human nature particularly in respect of obsession with youth (Hollindale, 2005). For example, Peter Pan arguably symbolises a wealth of different comprehensive elements tied to childhood which transcends clipping to sustain contemporary relevance. Moreover, it is submitted that the emotional needs of a child continues the same regardless of culture, history, and environment (Rose, 1993). This is further reflected through Barries narrative as academic rendering has opined that Barries desire in writing Peter Pan was to write about the adventures of his own childhood mix it with illusion (Rose, 1993). He was highly influenced by his mothers non-acceptance of his elder brothers death and constantly dressed to kill(p) in his clothing to make his mother happy. This marked him for life and contributed to one of Peter Pans attributes of never lacking(p) to grow up. In turn Peter Pan remains a paradoxical figure, where he symbolises aeonian yout h on the one hand which are juxtaposed against the ramifications of not growing up within the backdrop of the harsh world (Rose, 1993 ). Other childhood experiences which seen in the narrative play The Boy Casteways, which was influential in determining other important elements (Rose, 1993). For example, it is submitted that Neverland was the Black Lake Island and Tinkerbell was a firefly. Additionally, Nana was the Saint Bernard dog, Llewellyn Davies, P, the boy Casteways. Moreover, by the time Peter Pan was published in 1904, Barrie had become a prolific play writer in London, with Peter Pan featuring prominently in Barries characteristic fusion of social commentary and fantasy (Barrie 1927). Additionally, the consistent narrative of the Peter Pan story reflects the consistency of the quest for eternal youth and issues impacting childhood, which remain universally applicable (Rose, 1993). For example, the story of Peter Pan never changes and the lives of Wendy, John and Michael co nsists of rules, school, playing make believe, baths, rules, parents, and beds. They pass water their own make believe lives where they tell stories about pirates and adventures. Every child has his own Neverland, a laconic place in his mind where he has his own private thoughts and fears. One night they are change suddenly and three children, who are bored with their lives, are invited on the adventure of their life. They leave as children, seeing their lives through the small key lock of their room and come back seeing life through the

Summary on India Country Report Essay Example | Topics and Well Written Essays - 1000 words

Summary on India Country Report - Essay ExampleThe financial year for India is April to March, and during the world-class quarter of the period financial year (2007-08), real gross domestic product addition was 9.3%, estimated growth rate for the dear year world 8.4%. This is on the back of an average annual growth rate of 8.83% in the onetime(prenominal) four years since 2003 04. The above 8% GDP growth performance is not likely to be sustained in the coming two years, forecasts being still healthy at 7.9 % and 7.4% successively. The overall GDP is estimated to cross one trillion US dollars land mark during the current year itself, by a good margin.Sector-wise, industrial and services sectors continue to outperform while the agricultural sector growth lead be anemic, as in the past few years. During 2006-07, industry and services sectors accounted for 27.9% and 54.6% of the GDP respectively, the balance 17.5% being for the primary sector in which more than 700 million peopl e be engaged in India. Thus, the mere(a) outlook for the rural economy stares in the face ofTrade in goods and services, with continued political nutrition for liberalization, is showing good performance. Imports are rising due to strong domestic demand for industrial and consumer goods. However, exports which averaged 26.5% growth in the past three years are expected to slow down to 17.2% in the current year, the main culprit being the weakening of the US dollar vis--vis the Rupee. Rupee appreciated by over 12.5% in the past 12 months and the export oriented segments of the economy like software services, textiles, leather goods etc are hit by the Rupee appreciation. Rising cost of increase imports and crude oil are equilibrize somewhat by the rising exports of services along with remittances from non-residents, thus keeping the current account dearth under control, estimated at less than 2% of the GDP for 2008-09.The policy laid emphasis on increased spending on primary

How do organizations communicate their core values (i.e., what they Assignment

How do organizations communicate their core set (i.e., what they stand for) to probable applicants - qualitative entropy analysis - Assignment ExampleNumerous organizations decide to impart their center qualities straightforward on the grounds that they perceive the imperativeness of core value (Whiteley and Whiteley, 2007).Core values are different for each organization, however, the role of core values are same regardless of the company and organization. Similarly the way with which a company or organization communicates their core values with their potential applicants is different from each other. The purpose of this study is to explore what are the different techniques through which different organizations are communicating their core values with potential applicants. Because these are the people who are building a complete infrastructure of an organization and it is all important(p) for them to have an understanding to the core values of that organization.The methodology that is used in this research paper is the collateral data collection that is derived from the brochures of different companies. Some brochures were acquired directly from the representatives of the company while others were accessed via Internet. For the interpretation of the data, we used data coding methodology. This is an approach in which researchers are assigning meaningful codes to different type of data to make it readable. A code in qualitative analysis is frequently a statement or dead expression that typically allocates a summative, striking, readable, and/or reminiscent quality for data. For appropriate coding, proper assistance has been taken from books and journals.If an organization says that they are like career catalysts this means that they are offering certain values to their potential applicants to help them in building their career. For example, Accenture, a leading consulting, technology and outsourcing firm is communicating its core values to potential app licants by offering them a number of career developing elements such as collaborationism and

Fiber optics Lab Report Example | Topics and Well Written Essays - 250 words

Fiber optics - science laboratory Report ExampleEach of the forsakes is a tenth less as thick as the strand of a human hair and it is capable of carrying approximated ten million calls. The cables are able to carry learning from one point to another using the optical technology.The technology has been applied in many companies of telecommunications to comport various telephone signals, television signals of cables and various communications in the internet. The role optics is more advantageous compared to existing copper wire that results from lower level of attenuation and also interference. This occurs in various long distances and in high demand applications. However, there have been various challenges resulting from development of infrastructure in cities making it cartridge holder consuming and expensive to install the fiber optics (Mendez and Morse 165). As a result, fiber optics has been primarily installed in long distances where it is possible to maximize their full c apacity of transmission. This has resulted into a decreased price of installing the fiber optic

The Australian Wine Industry Essay Example for Free

The Australian booze Industry EssayThe Mcguigan come to in the Australian wine-coloured Industry goes back four gene dimensionns. Owner Patrick McGuigan the first of four generations to compute the wine patience was a dairy farmer by trade. Percy McGuigans c areer was spent at Penfolds. precedent to retirement in 1968 Percy purchased Dalwood estate and renamed it Wyndham Estate. Two long time later he sold it to his son Brian McGuigan. Brian McGuigan has been involve in the wine application for over thirty five years.He developed Wyndham Estate Wine Comp any in the Hunter Valley and built sales in excess of 1,250,000 cases to become the jumper lead exportinger of Australian wine. In 1992 Wyndham Estate was acquired by French Company ? Pernod-Ricard group, Orlando Wines. Later that year, after the learning Brian McGuigan open a new company McGuigan Wines as a publicly listed company. In 2001 McGuigan wines merged with Simeon Wines to create Australias quaternary larg est wine company and in October 2003 McGuigan Simeon Wines Limited (MSWL) purchased Miranda wines.MSWL distributes to over 25 countries including United States, Ireland, New Zealand, Germany and other mainland countries in Europe. They export over 20 million litres (30% of MSWL wine production) annually.(www. mcguiganwines. com. au) MSWL reported a 2004/05 dismiss boodle of $35. 9 million, down 10. 8% on the previous year. Brian McGuigan believes this is mainly due to the oversupply of grapes and does not foresee any positive movement in grape prices for the next two years. (AAP Newswire 13/9/2005) ?MGSW is targeting focus on a number of things but in particular costs, costs, costs. He said he had been ? embarrassed by the 2004/05 result as a stronger local currency and an over supply of grapes in Australia and overseas weighed on profit growth. (AAP Newswire 13/9/2005) fiscal Analysis The fol griming key fiscal ratios for MSWL are for the occlusion 2003 to 2005.(MSWL yearly monetary give out 30 June 2005 30 June 2003) Working Capital 2005 ($000)2004 ($000)2003 ($000) 377418 ? 124905 = 252,513 332319 135304 = 197,015 255854 ? 105775 = 150,079 Profit readiness Profit mete Ratio 2005 ($000)2004 ($000)2003 ($000) 45112 368050 = 12. 2% 40248 305708 = 13. 1% 32204 283450 = 11. 3% Gross Profit Ratio 2005 ($000)2004 ($000)2003 ($000) 91111 368050 = 24. 7% 88931 305708 = 29% 74096 283450 = 26%.Return on ordinary shareholders equity ratio 2005 ($000)2004 ($000)2003 ($000) 35895 (361288 + 332641)/2 35895 346964. 5 = 10% 40248 (332641 + 270452)/2 40248 301546. 5 = 13% 32204 (270452 + 226093)/2 32204 248272. 5 = 12. 9% Return on Assets 2005 ($000)2004 ($000)2003 ($000) 35895 (681471 +625006)/2 35895 653238.5 = 5. 4% 40248 (625006+566916)/2 40248 595961 = 6. 7% 32204 (566916+471306)/2 32204 519111 = 6. 2% Asset Turnover 2005 ($000)2004 ($000)2003 ($000) 368050 (681471 +625006)/2 368050 653238. 5 = . 56 305708 (625006+566916)/2 305708 595961 = . 51 283450 (566916 +471306)/2 283450 519111 = . 54 Operating Expenses to Sales Ratio 2005 ($000)2004 ($000)2003 ($000) 30809 368050 = 8. 3% 31953 305708 = 10. 4% 18937 283450 = 6. 6% Liquidity Ratios veritable Ratio 2005 ($000)2004 ($000)2003 ($000) 377418 124905 = 3.021 332319 135304 = 2. 451 255854 105775 = 2. 411 Quick ratio 2005 ($000)2004 ($000)2003 ($000) 12728+361288+ 120698 124905 = 494714 124905 = 3. 961 2654+332641+ 126534 135304 = 461829 135304 = 3. 411 773+270452+ 125028 105775 = 396253 105775 = 3. 741 Current hard currency Debt Coverage Ratio 2005 ($000)2004 ($000)2003 ($000) 2523 124905+135304/2 = 2523 130104. 50 = 0. 019 times 5768 135304+105775/2 = 5768 120539. 50 = 0. 047 times (10040) 105775+119523/2 = (10040) 112649 = (0. 089) times Receivables turnover ratio 2005 ($000).2004 ($000)2003 ($000) 320422+47628 120698+ 126534/2 = 368050 123616 = 2. 97 times 262025+43683 126534+125028/2 = 305708 125781 = 2. 43 times 248381+35069 125028 +87486/2 = 283450 106257 = 2. 66 times add up coll ection plosive speech sound in days 2005 ($000)2004 ($000)2003 ($000) 365 2. 97 = 123 days 365 2. 43 = 150 days 365 2. 66 = 137 days list turnover 2005 ($000)2004 ($000)2003 ($000) (276939) 60018+51176/2 = (276939) 55597 = 4. 98 times (216777) 51176+32271/2 = (216777) 41723. 5 = 5. 19 times (209354) 32271+15817/2 = (209354) 24044 = 8.70 times Average Days in Inventory 2005 ($000)2004 ($000)2003 ($000) 365 4. 98 = 73. 29 days 365 5. 19 = 70. 32 days 365 8. 70 = 41. 95 days Solvency Ratios Debt to total assets ratio 2005 ($000)2004 ($000)2003 ($000) 320183 681471 = 46% 292365 625006 = 46% 296464 566916 = 52% Cash debt coverage 2005 ($000)2004 ($000)2003 ($000) 2523 320183+292365/2 = 2523 306274 = 0. 008 times 5768 292365+296464/2 = 5768 294414. 50 = 0. 019 times (10040) 296464+245213/2 = (10040) 270838. 50 = (0. 037) times measure Interest Earned ratio 2005 ($000)2004 ($000)2003 ($000) 45112+1232+ 176690 1232+176690 = 223034.177922 = 1. 25 times 51311+6004+ 145383 6004+145383 = 202 698 151387 = 1. 33 times 46071+2559+ 175071 2559+175071 = 223701 177630 = 1. 25 times release Cash Flow 2005 ($000)2004 ($000)2003 ($000) 2523-(22211) = (19688) 5768-(25006) = (19238) (10040)-(18913) = (28953) Summary of Financials (Working Capital, Profitability, Liquidity Solvency) Working Capital Management The working capital has incrementally change magnitude from 2003 to 2005. This is due to the rapid expansion of the company during this period and in particular the acquisition of Miranda Wines and a bottling prove at Merbein bordering Mildura.This expansion has required a significant increase in working capital. MSWL has a working capital of $252. 5 million for the financial year ended June 30 2005, which indicates that the company has an ability to pay its liabilities. (MSWL Annual Financial reputation 30 June 2005 30 June 2003) Profitability The decrease in damages on assets from 6. 2 percent in 2003 to 5. 4 percent in 2005 can also be attributed to the rapid expans ion of the business during this period. The return on these assets may take up to three financial years to realise their full earnings po 10tial.The 1 percent decrease in the profit coast ratio indicates that the decrease in return on assets was due to the dec cable system in net profit rather than increase assets. Return on shareholders equity has decreased from 13% in 2003 to 10% in 2005. ROE20052004 McGuigan 10%13% (June 04) South Corp-5% (Dec 04) Evans Tate-12% (Jun 04) When benchmarked against Southcorp and Evans and Tate the results are 5% and 12% respectively. (MSWL Annual Financial Report 30 June 2005 30 June 2003, half(a) year report Southcorp December 2004 Annual Report Evans Tate 2004).The downturn in net profit for 2005 has had a negative effect (decrease) on the following ratios ?Return on Ordinary Shareholders honor ?Return on Assets ?Profit Margin ?Asset Turnover ?Gross Profit (Kimmel et al, 2003 p 520, direct 11. 22) Liquidity Analysis of the current ratio in dicates that it has been consistently high during the last three years ranging from 3. 02 to 2. 4 (2003). This can be explained by the high inventory levels carried by MSWL resulting from the processing and bottling of the over-supply of house servant grapes. (MSWL Annual Financial Report 30 June.2005 30 June 2003). Deloitte (2005) suggest that all wineries have a high current ratio as the wine sector is forced to hold high levels of inventories and generally has high current receivables and low current debt, as compared with other industries. The quick ratio indicates that the levels of liquidity for MSWL have remained relatively stable at 1. 2 times. This suggests the company is able to repay short term debt. However, it needs to be recognised that this phase of 1. 2 does not include the contribution of shareholder equity. Including shareholder equity inflates this figure to 3.96 times. (MSWL Annual Financial Report 30 June 2005 30 June 2003).The companys collection period of 1 23 days is the lowest for the period 2003 to 2005. However, it remains unimaginable high, perhaps reflecting the depressed state of the market. Deloitte, 2005 state that the intensified competition, high levels of production of red wine and increase consolidation within the retail sector are some of the factors that have presented financial challenges for the Australian Wine Industry over the past 12 months as evidenced in the 2004 Annual Financial Benchmarking analyse.MSWL, Australias tierce biggest listed wine maker has clearly suffered during this retail consolidation and continues to experience slow payment for its product via the domestic distributor duopoly (Woolworths and Coles-Myer). (MSWL Annual Report 30 June 2005 June 2003) Inventory turnover has decreased from 8. 7 times in 2003 to 4. 98 times in 2005. The results for 2005 indicate that inventory was sold and replaced approximately 50% less lots than during 2003. This result reflects the oversupply of grapes in the market for the last two years. (MSWL Annual Report 30 June 2005 June 2003).Average days inventory has also been impacted by the oversupply of grapes with results increasing from 41. 9 days in 2003 to 73. 3 days in 2005, a 57% increase. These higher inventory levels also increase repositing and reside costs. (MSWL Annual Report 30 June 2005 June 2003) Solvency Debt to equity ratio has decreased to 46% in 2005, indicating that 46% of assets have been provided by creditors. Debt to Equity Ratio20052004 McGuigan 46%46% South Corp-42% Evans Tate-64% When benchmarked against Southcorp and Evans and Tate the results are 42% and 64% respectively.(MSWL Annual Financial Report 30 June 2005 30 June 2003, Half year report Southcorp December 2004 Annual Report Evans Tate 2004) Times interest earned ratio has declined from 1. 33 in 2004 to 1. 25 in 2005, indicating that the companies interest set down was 1. 25 times the amount needed to cover interest expense. The reduction in the times interest earned ration is a reflection of the reported decline in profit at the thirtieth June 2005. (MSWL Annual Report June 30 2005 June 2003) Free cash flow has been negative for the last three years leaving limited opportunity for expansion.It would be unlikely that MSWL would make any major acquisitions in the near future but rather focus on reducing cost and processing efficiency. (MSWL Annual Report June 30 2005 June 2003) Significant key opportunities and risks for the company and investors in McGuigan Opportunity MSWL primary focus is on change bottling efficiency and cost by relocating their wine devising bottling and storage to the newly acquired facility near Mildura. ?The acquisition consolidates our export production and packaging operations around the inland port of Mildura.Its proximity of our major wineries bequeath bring significant operational efficiency gains and transport savings. (ASX Announcement 25/1/05) MSWL is negotiating with other wine companies wa nting to outsource the production of their less expensive firebrands. ?This is very good for us because were a producer of a lot of that product and we look to continue to expand our business. (Adelaide Advertiser 26/1/2005) MSWL has see significant increases in export sales for the period 2004 to 2005. MSWL states, ?Total export sales, bottled and bulk, change magnitude by 34% in dollar terms with significant increases in the UK/Europe and the United States. Actual sales the great unwashed by 40%. (MSWL Annual Financial Report 30 June 2005). As the export trend is increasing with new markets such as Japan this would be a significant opportunity for MSWL to further trespass on overseas growth. (IBIS World Pty Ltd). Risks Distribution and operating costs are high therefore creating efficiencies to compact expenses is essential. Net cash provided by operating activities has decreased in the period 2004 to 2005. (MSWL Annual Report June 2005).MSWLs proceeds is in direct competi tion from Australian wine packager and premium cork specialist Vinpac International, who service 183 Australian wine makers (www. vinpac. com. au). MSWL would need to remain competitive in cost and quality. Competition is increasing at the retail shelf space level due to the proliferation of global wine production over the past ten years. As production increases from South Africa and South America in the next several years, grape prices are likely to fall and will force Australian wine makers to reduce prices, which is adding to earning uncertainty.(IBIS World Pty Ltd). Other financial and non-financial factors that impact upon McGuigans performance and attractiveness as an investment opportunity. Exchange rate movements are leading to increased import competition affecting the Australian dollar returns that local producers receive from exports. They also impact on the demand for imports by altering their competitiveness. (IBIS World Pty Ltd). ?To a degree, the past decade has been subsidised by the go Australian dollar. Now we have to pull our belt in and be super competitive.(Adelaide Review 2/9/2005). Branding is imperative for success in this industry since consumers typically choose a brand that they are familiar with, and hence, know that they can rely on its quality and taste. (IBIS World Pty Ltd). MSWL domestic and export bottled sales increased reflecting the continued focus on brand awareness. (MSWL Annual Report June 2005). Ownership of industry participants has included a phase of mergers and acquisitions, with larger firms taking an increase control of the market.This indicates consolidation, and an industry that is rapidly coming maturity therefore marketing, distribution and export capabilities are growing in importance. MCWL would need to ensure they move on up with this growing industry pattern. (IBIS World Pty Ltd). Limitations of the analysis implications of these limitations for any investment decision Industry variegation The financial analysis of MSWL has been benchmarked against two other known competitors, Southcorp and Evans and Tate. However, diversification may impede comparison with both competitors and industry.For example, Southcorp has diversified into other industries over the last twenty five years which hinders comparisons with MSWL who remain primarily think on the wine industry. Alternative Accounting Methods Variations in accounting methods may also impact financial analysis when compared with other companies. For example, depreciation on Property Plant and equipment is elaborated using straight line depreciation for MSWL and Southcorp whilst Evans and Tate have used a combination of straight line and reducing balance to calculate depreciation between 2003 and 2004.Cost Cost is traditionally not adjusted for price level changes and ofttimes unadjusted from different financial periods which leads to invalid representation of inflation or deflation (Kimmel et al 2005). MSWL has consolidated root word in the form of bottling and wineries, whilst sourcing grapes from owned vineyards rather than contract growers representing a short to medium term cost. However, MSWLs unsloped integration allows it to control the volume of its wine sold on the market thus regulating revenue enhancement growth.The inflationary increases in cost can be negated with the strategic sales of product at margins higher up these cost price increases. In conclusion the above limitations and their implications need to be taken into consideration when making an investment decision. Certain analyses can mask the true investment potential of a company. Consideration of the industry and its trends, the accounting method employed and the costs involved in doing business all require mensurable deliberation before an investment decision can be made.Appendix A.References www. mcguiganwines. com. au Accessed 12/10/05 AAP Newswire 13/9/05 MSWL Annual Financial Report 30 June 2005 MSWL Annual Financial Report 30 June 2003 Half year report Southcorp December 2004 Annual Report Evans Tate 2004 Kimmel et al, 2003 p520, figure 11. 22 Deloitte Annual Financial benchmarking Survey for Australian Wine Industry ? Vintage 2004 ASX Announcement 25/1/05 Adelaide Advertiser 26/1/05 IBIS World Pty Ltd accessed 1/11/05 www. vinpac. com. au ? accessed 1/11/05 Adelaide Review 2/9/05 Kimmel et al 2005.

Additional Retained Firefighters Essay Example for Free

Additional Retained Firefighters EssayFirefighters are birthrs extensively practised in firefighting, primarily to extinguish hazardous fires that threaten property and civilian or natural populations and to rescue people from dangerous situations, like as collapsed or burning buildings The complexity of modern industrialized liveliness with a greater prominence of hazards has created an increase in the skills needed in firefighting technology and a broaden of the hothead-rescuers remit.They sometimes provide want medical services, for example. The fire service, or fire and rescue service, also cognize in some countries as the fire brigade or fire department, is one of the main emergency services. Firefighting and firefighters have become ubiquitous around the world, from wildland areas to urban areas, and aboard ships. According to Merriam-Websters Dictionary, the English word firefighter has been used since 1903. 1 In recent decades it has become the preferred term, rep lacing the older fireman, since many women serve as firefighters, and also because the term fireman can have other meanings, including someone who sets or stokes fires the opposite of the firefighting role. 2 In many countries, firefighters may be employed as full-time workers and paid a salary.See more thanThe 3 Types of Satire EssayAdditionally, there are volunteer firefighters (who are theoretically unpaid) and retained firefighters (or ancillary firefighters, who are paid for the specific time they are on duty, i. . permanent part-time career firefighters) on call as required. 3 In such countries as the United Kingdom, the use of additional retained firefighters is standard. In Portugal, for example, the use of volunteer firefighters is standard, along with career firefighters. In Australia there are volunteer brigades which are more often than not unpaid rural services, although traditionally they are paid by their employers if called out during usual working hours.

Time management Essay Example for Free

clock beat vigilance EssayIn this typography we ar going to discuss the effects of meter solicitude and how it dope help you in your effortless activities. Time management is very important in many aspects of our lives whether its doing schoolwork, getting ready for work, or getting the kids ready for their sporting events. As iodin chiffonier gather in time management has many opposite effects on our lives, both as adults and as an adolescent. Therefore, utilise time management in our unremarkable lives helps us every solar day and one and only(a) pass on see the effects that it has on us even if we dont know how to manage our time efficiently and effortlessly. Time management can be used in many different ways passim the day. When managing our time during the day, oftentimes throng will try to keep you from finishing your duties in a timely manner. However, discussing time management one will see how it will help them in many of their passing(a) activities and the effects that it has. Time precaution affects us in many ways throughout our daily lives. Sometimes time management can affect us by people stopping us on the way to work, while we atomic number 18 on a phone call, or even that last minute thing that has to be do before we can leave.We have to manage our time daily, such as when we first wake up for the day, to start getting ready for work or even to get our day started. Managing our time in effect during the day is a soft skill that not many people have and are fit to us effectively. It is often said that study has shown that self-management in the setting of adolescents with disabilities showed that there were many variations among these people(DiPipi-Hoy, Carolean Jitendra, Asha K Kern, Lee pgs. 145-159). However, time management and self-management affects those with disabilities and it also affects those that dont have any disabilities.Most of us have problems with time management, whereas with others it comes fair ly easy because they have things written down on calendars, daily planners or even have inciteers stored in their phones. In todays society it is stiff to manage our time wisely and efficiently because there are many daily activities that are going on throughout the day that affects them from managing their time appropriately. However, those with trusted disabilities find it harder to manage their time better than others.In 2004 there was a mandated Individuals with Disabilities Act, which required schools to include transition goals in what is called an Individualized Education Program by the age of 16(DiPipi-Hoy, Caroline Jitendra, Asha K Kern, Lee pgs145-159). Time management affects many different people in many different ways daily, because they are not able to break things down so that they can get the things make that they need to do and be able to do them in a timely manner. With todays society it is harder to manage our time efficiently because throughout the day we hav e many things that go on.Time Management can help us in many different ways throughout our daily activities. Time manage is a soft skill that we obtain throughout our lifetime, it helps us as individuals mange what and how we do things during the day. Although, while using it one can see that he or she doesnt have full time in one day to get everything through with(p) at one time. However, to manage our time as individuals, we would need to break up our daily activities into many smaller time only whents throughout the day so that we are able to complete them in a timely manner.What one will see is that time management is not only a soft skill it is also a hard skill that they learn over the duration of their lifetime. When one uses this skill, he or she will see that it often harder at times to make time during the day, to do everything they have to do, and that is why scheduling things around certain times of the day are needed and give it will give you a time frame to get it done. I chose this topic of time management to show the effects of time management and how it will help us in our daily lives.I often find myself running low on time during the day, so what I do is I use a schedule book and reminders to remind myself what I have got to get done and give myself a allotted time to get it done and then I will move onto the next thing. I believe that not only myself but everyone else can build a time management schedule that will help them maintain daily activities throughout their day so that they are able to complete them in a timely manner. When using time management one need to have a set schedule of things that they have to do and give themselves enough time throughout the day.While reading the effects of time management, we have seen what one can do to manage their time efficiently and how to complete their daily activities. Time management is a soft skill that is acquired throughout our lifetime and continues to grow as we grow. However, managing our time with everything that we do during the day perchance hard for us to do, it can be done without any hesitation at all. Time management means to me that one has the ability to manage their time through many things in their lives whether they have a disability or not.In conclusion, time management is stated as follows the analysis of how working hours are spent and the prioritization of tasks in order to maximize personal efficiency in the http//dictionary. reference. com/browse/time+management? s=t) References DiPipi-Hoy, C. , Jitendra, A. K. , Kern, L. (2009). Effects of time management instruction on adolescents ability to self-manage time in a vocational setting. The Journal of Special Education, 43(3), 145-159. doihttp//dx. doi. org/10. 1177/0022466908317791 http//dictionary. reference. com/browse/time+management? s=t.

Business systems in Japan and China Essay Example for Free

Business dodgings in lacquer and chinaware EssayIntroductionAfter the World War Two, lacquer embarked on a journey of reviving its economy. The fast industralisation process is nothing short of spectacular. Japans basic al-Qaida was basically destroyed in the war and she grew from a war-torn defer to a world jumper lead economy in a few decades. This requires vertical company and political relation judicature, in order to arrive at this result. Japan is also a major technology and export hub in Asia and she is currently the world third base roundst economy by Gross Domestic Product. (World Bank, 2014). Prior to the stinting reform of Deng Xiao Peng, the Chinese disposal has do control of all the asseverate possess Enterprises (SOEs) under the communist remains. It is a very highly modify system that exactly the Chinese State authorities activity has power and control over it.(Laaksonen, 1988)Under the reclamation policy, man-to-mans are allowed to trade a nd sell surplus reapings in rural area and small businesses are allowed in urban or city. This marks the start of the mainland chinas Socialist trade economy. As a result of the circularise door policy, Chinese economy grew from a third world country to the due south largest economy of the world in less than four decades. (World Bank, 2014) Despite the great differences of these two economy, the fact that its governance and cultures are deeply influence by the idea of Confucianism. (Chan, 1986) Hereby, in this article, discussion will be detached into two parts that are based on the similarities and differences between the two business systems.Differences1. Keiretsu Vs Reform insurance policyIn Japan, Keiretsu formed the largest business convocation and its one of the key contri butors to the Japans economy which normally apply Nipponese style of management and system. Zaibatsu was the forerunner of Keiretsu which are family run and it is the main business system before Se cond World War. There are two types of Keiretsu namely horizontally organized Keiretsu and vertically organized Keiretsu. In horizontally organized Keiretsu, capital and human resource are closely create from raw material together and cross directorships and holding of stock among group members are not uncommon. The cross-holding of stock among the top 6 corporate group was as high as 24% (Tokyo Business Times, 1989) in the late eighties. This allows the group to be very closeand strong. Some of the examples of company with this structure are Mitsubishi and Sumitomo. (Okumaru, 1976).The governing of company are handed to professionals or agents to prevent dispute among group members. In vertically organized Keiretsu, it is formed by a huge parent company.She has its own supply distributorships and suppliers. Every flow and operations of the company follows a top to down process so as to control inventories and manufacturing quality. Many small and medium size enterprises in japan employ this system. Some of the example of such company are Sony and Toyota. In 1979, China started her reform programme after the initiating of economic open door policy by Deng Xiao Ping. The defer governing body vows to liberalise and modernised Chinas key industry like agriculture, technology and defence. More indecorum are devoted to the State possess Enterprise to manage their own division. For example The State own Enterprises are given the rights to form their company structure in accordance to the needs of leaner output process or market maximization. Hence, workers are now able to choose and change job with revere to their interest and expertise. This highly promotes the effectiveness of the State Owned Enterprises. (Lichtenstein, 1993)The state government also implements the use of wage and Loss contract (yinkuibaokan) whereby a portion of the gain grounds are contributed to the state government and the remaining profit butt be kept by the State Owned Enterprise . Chinas state government also undertake a few primeval(a) methods to reform, this includes the downsizing of the State Owned Enterprises , setting up of stock exchange in Shanghai and Shenzhen and transformed some important industry to shareholding companies so that it jakes trade. All in all, this gives rise to the socialist market economy in China whereby capitalism modal value of managing the economy is enforced. 2. Developing its own industries Vs Foreign develop Investment Ever since the Second World War, Japan has decided to be dumbfound an export driven economy, and the Japanese have been fast to recover its economy by competing fiercely in the ever increasingly saturated market. The products they are churning out are of good reliability and they often undercut its competitors by a huge margin to win the contract.As illustrated in the case of Hitachi at a sales presentation in 1985, Hitachi stressed to undercut its competitors severely. (Fallows 1993) Japan owed its rap id industralisation process to the huge domestic exports. The export ranged from the early days textile toautomobiles and later on, high technologies products such as semiconductors. Japan invested heavily on research and development to create high value products to fall in it desirable to the world. As a result of the severe undercutting of competitors. Japans enterprise have to come out with several ways to enhance efficiency to ensure profitability. Toyota created a system called Just-In-Time (JIT) which emphasize on the redundancy of keeping live inventory. (Uno, 1987) It was first created in the 1950s and later slowly dispersed into the various industries and plants in Japan in the 1960s and 1970s. It requires close and collaborative relations with all suppliers for it to work.However, with good implementation, it can ensure lean production with little slack and good flow process. This process brings about the enviousness of the industrialised world especially in the United States. Other industrialised nations tried to emulate the conquest of JIT, but not always with positive results due to the poor implementation. Japanese companies also used fit feeling Control(TQC) in manufacturing. It is first coined by Professor William Demming of New York City but it is the Japanese that utilize it.The ideas of Total Quality Control is to have no or little tolerance for rework. Reworking a product are deemed as a wastage of succession. By adopting a do it once, do it well approach, bring forward time and cost can be saved to make the production lean. After the 1979 economic reforms by the Chinese state government, the state government allow Foreign Direct Investment (FDI) to enter into Chinese market.It is the transaction of long term foreign financing that allows a shareholding of at least 10% of the State Owned Enterprises. This usually includes the transfer of technology and know-hows to the troops country from the Multi-Nationals Companies (MNCs). As a result of the transfer of technology, the host country in this case the State Owned Enterprises will have gained insights on the production process. Hence, further research and development by the State Owned Enterprises is possible.Also, in 1979, the state government created four finicky Economic Zones (SEZs) in Guangdong and Fujian province to encourage the facilitation of Foreign Direct Investment that mainly foreign enthronement will stay in this four zones. The state government realizes that by creating four zones is not comme il faut to open up the market. Therefore, in the 1980s wholly-owned foreign enterprises are allowed and also more east gliding ports are opened up to encourage foreign trades and investment.China State government viewedForeign Direct Investment as a very important catalyst to improve its economy. Subsequently, foreign enterprises are given the same treatment as a State Owned Enterprise and the joining of World great deal Organisation in November 2001 makes a very huge milestone in Chinas economic history. Due to rising manufacturing cost Japan industries, Japan has begun to pour Foreign Direct Investment into China to cut cost. As evidenced by (Kunii et al., 2002) , during the period of first six months of 2002 , Japanese firms concluded deals of $3.15 billion.This goes to exhibition the importance of Foreign Direct Investment for both countries in a win-win situation. Japan can win from the low production cost and China can benefit from the capital inflow and technology transfer. As of 2012, China is the leading Foreign Direct Investment in the world. (Perkowski, 2012).3. Socialist Market Economy Vs capitalistic Market EconomyThe socialist market economy is the only model that are used by the Peoples Republic of China (PRC). It is based on the dominance of State Owned Enterprises and maintaining a free open market, its origins can be traced from the Chinese economic reforms introduced under Deng Xiao Ping. During the early stage of economic reform in China, socialism are deemed as the basis for the reform, and therefore has to adopt capitalist techniques to survive.It is also known as the social capitalism despite adopting the free market system of capitalism. (Schweickart, 2006) Japan adopted the system of capitalist market economy which got its influence from her western counterparts. Its a system that encourage free business in the market in the forms of products, shares and commodities. Despite Japan uses Keiretsu in their business systems, it is still by large using a capitalist system. The need for consumption of luxury products and export of domestic shows the use of capitalist system. Similarities1. Intervention of government bodiesHistorically in Japan history since Meiji Restoration, Japanese government has always play a very important role in the industrialisation. To be able to play catch-up with the western nations, the government deemed the interposition necessary. It also enable the go vernment to be strengthened through the lending of private specie and invest it in key industries such asshipbuilding, communication in the Meijis government. The interpellation of government in financing benefited the big groups of zaibatsu and later on Keiretsu. After the Second World War, the Japanese government once again realised the importance of state support for the companies and economies to grow quickly. (Johnson, 1982) In recent times, Japanese government agencies such as Ministry of International Trade and Industry (MITI) and Ministry of Finance (MOF) have been actively participated in business by giving funds and supports to industry that are of utmost national interest.On the other hand, big business can exert huge influence on the political scene by endorsing political candidate that are beneficial to the interest of the big corporation. With respect to Japan, Korean government intervention of chaebols (big conglomerate) are largely similar to Japan. In the earlier days, the Korean government invested heavily and provide fiscal aids to chaebols such as Lucky Goldstar and Samsung. With the strong backing of the government, these companies are able to flourish. (Song, 1990) By 1990s, the reforming of State Owned Enterprises especially small and medium state enterprises became a top priority for the Chinese state government.After a carefully study by the state government, a new reform system formed under the name of the Regulations for Transforming Managerial Mechanisms of the State Owned Enterprises ( Liberation Daily, 1992). This includes of fourteen kinds of power to give lessons self-management. Even though, its a move by the Chinese state government to liberalized State Owned Enterprises. But, government steps by steps intervention of the process is still very much needed. Especially, during the early periods of reforms, they are many uncertainties and fluctuations in the market that requires government intervention to ensure the reformatio ns process is smooth and steady.2. Confucianism captivateAll the major eastward Asian management system have been influenced heavily by the Confucian tradition. (Oh, 1983). This includes China, South Korea and Japan which has some olden Chinese co-relation. It does not only has heavy influence towards these countries culturally but also economically. For example In Japan, huge emphasis is put on the seniority in both workplace or at home. Similarly, likewise for Korea. Respect are to be given to elders or person with high seniority. Individualisms and competitiveness are notpart of the teaching of Confucianism.In the economy of these East Asian countries, they are generally competitive and placed a lot of emphasis on individual actualization. Though, these countries are influence deeply by Confucianism, its more applicable to the management level which is at micro level. At macro levels, the government efforts and communitarianism could be the explanation for the competition in th e world market.ConclusionIn conclusion, this article has discussed about the similarities and differences between Japan and China. There are three main differences that are discussed in this article. Firstly, its Japans Keiretsu and Chinas reform policy. Japans Keiretsu was the predecessor of zaibatsu and its the superior force of Japans economy. Deng Xiaoping pushes for economic reforms and turned its communist economy to a socialist economy. Secondly, Japan invested heavily in the research and development of technology as to become world major exports nations. with the process of undercutting its competitors, Japans enterprises utilize Just in Time process and Total Quality Management to ensure high efficiency and lean production cycle. On the other hand, China relied on Foreign Direct Investment to boost its economy.In the process of Foreign Direct Investment, not only it creates jobs for the country but also learn about foreign technologies through technology transfer. Lastly, the Chinese employed a socialist economic models which is often referred as state capitalism whereby the government still honest one party communism. Japan on the other hand, support a free trade market which is similar to the capitalist systems in the west. The article also discusses the importance of government or state intervention of the economy.For Japan, the government provides good infrastructure and financial aids to industry that are deemed promising. In china, the Chinese state government slowly guides its economy through intervals of reforms to prevent the reformation for being too fast or slow. Lastly, Confucianism plays a big role in influencing the management style of Japanese and Korean organization but not so much in China State Owned Enterprises.ReferencesBusinessweek, (2002). In Japan , China is Sexy. pp.22-23.Chan, W. (1986). Chu Hsi and Neo-Confucianism. foremost ed. Honolulu Universityof Hawaii Press. Johnson, C. (1982). MITI and the Japanese miracle. 1st ed. Stanford, Calif. Stanford University Press. Laaksonen, O. (1988). Management in China during and after monoamine oxidase in enterprises, government, and party. 1st ed. Berlin W. de Gruyter. Liberation Daily, (1992). Regulations for Transforming Managerial Mechanisms of the State Owned Enterprises. Lichtenstein, N. (1993). Enterprise reform in China. 1st ed. Washington, DC (1818 H St., NW, Washington 20433) Legal Dept., World Bank. Oh, T. (1983). A Comparative Study of the Influence of Confucianism on Japanese Korean, and Chinese Management Practices. 1st ed. Honolulu Academy of International Business Asia-Pacific Dimensions of International Business. Okumaru, H. (1976). half a dozen Largest Business Groups In Japan. 1st ed. Tokyo Diamond Publishing. Perkowski, J. (2012). China Leads In Foreign Direct Investment. online Forbes. gettable at http//www.forbes.com/sites/jackperkowski/2012/11/05/china-leads-in-foreign-direct-investment/ Accessed 12 Aug. 2014. Schweickart, D. (2006). Ch ina Market Socialism or Capitalism?. p.137. Song, B. (1990). The rise of the Korean economy. 1st ed. Hong Kong Oxford University Press. Tokyo Business Time, (1989). Intimate Links With Japans Corporate Groups. pp.14-19. Uno, K. (1987). Japanese industrial performance. 1st ed. capital of The Netherlands North-Holland. World Bank, (2014). Gross Domestic Product 2013. online Available at http//databank.worldbank.org/data/download/GDP.pdf Accessed 31 Jul. 2014. intelligence service Count 2503 words

Cost Accounting and Management Decisions Essay Example for Free

Cost account statement and Management Decisions EssayIf you be using the Blackboard Mobile Learn iOS App, please click View in Browser cross the link above to submit your grant.Students, please view the Submit a Clickable Rubric Assignment in the Student Center. Instructors, training on how to grade is within the Instructor Center. Assignment 1 Cost Accounting and Management DecisionsDue Week 8 and worth 240 pointsConduct research on a U.S. manufacturing corporation that produces two (2) or more products. Write a five to six (5-6) page paper in which you1. Describe the company researched, indicating the primary products manufactured. 2. Examine the effect of changes in the variable hail / fixed cost structure of the company on cost- volume analysis decisions by managers. 3. Analyze the current cost goernance used by the company to determine manufacturing cost and examine the benefits of using an activity-based cost system over the traditional system for management decisions. 4. Compare the companys sales and cost of sales visualise to the actual sales and costs of sales in the current financial statement. Evaluate strategies management bath implement in response to changing conditions affecting budgetary planning and forecasting. 5. Use at least three (3) character reference resources in this assignment. Note Wikipedia and similar Websites do not qualify as quality resources. Your assignment must follow these formatting requirements1. Be typed, double spaced, using Times New roman print font (size 12), with one-inch margins on all sides citations and references must follow APA or school-specific format. Check with your professor for any supernumerary instructions. 2. Include a cover page containing the title of the assignment, the students name, the professors name, the trend title, and the date. The cover page and the reference page are not included in therequired assignment page length. The specific course learning outcomes associated with this assignment are 3. Examine the assumptions of cost-volume-profit analysis.4. Discuss the allocation of costs to divisions, plants, departments, contracts, and products. 5. Analyze activity-based costing and activity-based management. 6. Analyze the advantage of budgeting, the preparation of a master budget, and other forms of planning. 7. Use engineering and information resources to research issues in cost story. 8. Write clearly and concisely about cost accounting using proper writing mechanics. Click here to view the grading rubric.

Graphics Design Firm Marketing Plan Essay Example for Free

Graphics Design devoted Marketing Plan EssayExecutive Summary The Metolius Agency is a Graphic design and optic communication securely based in new Concord, New Hampshire. Operating from a small slip the company allow for be targeting a consumer base of 5-15 year old companies and provide them with unique perspectives on corporate identity and ocular communication. For the first 7 months Keivs exit be handling the firms affairs alone after which he willing hire an assistant to help him in design and administration. The competitive edge Metolius has is Keivs knowledge of not rack uply creative but also business skills that will make it possible for the company to attract its business-oriented clients beca engross of a practical backing to their creative approach extra time the company will grow collectible to its low overhead, creative and practical designs attracting increasing consumer attention, reaching wage in the first 9 months and generating $27,347 by the third y ear. Objective With a realistic mission contention that focuses on delivering above expectation to nodes and good customer relationships, the main objective of the firm is to s to fleck The Metolius Agency as a creative, unconventional, and innovative graphic design and visual communication firm in the Concord, NH area. In addition Metolius will set its marketing objectives toa. Increase visibility in the market. b. Generate 30% new business finished referrals each quarter, after year one. c. Strengthen brand equity through informal polling during networking activities. The financial objectives will includea. Maintain positive, steady, growth each month.b. Reach profitability by the end of year one.c. Continue to decrease the variable costs associated with serving a project.Situation abstract The Metolius Agency requires a good analysis of both the= market and itself to serve its customers better. The information gathered by the company about the market shows that the potent ial market is divided into small and medium companies and has shown a CAGR (compounded annual growth rate) of 7.65% over 4 years (2002-2006). The graphic design industry reached $812 million in 2000 and it is predicted that for the near five years it will grow at 5.6%. The increasing desires to appear professional and use the network thrust been attributed to this growth in the industry. Also contrary to the decade old market trend of advert agencies offering full service with minimal or no outsourcing, the Metolius agency will concentrate only on their specific skill sets. The company plans to provide customers with a wide selection of its designs and services, better approachability by centralizing service provision, impressive customer service and competitive set.The services offered will be charged by the hour and $75 will roughly be the charge/hour demanded by Metolius. Through SWOT analysis it has been established that the strengths of the company are focus, elegant off ice space and unification of the business with the creative sense, and the main opportunities for the firm are a growing market, growth based on technological advancement and also low co-relation with downfalls in the economy. The struggle to be cutting edge, to inform the customers and need time for marketing activities have been identified as weaknesses, and local competition (i.e. large agencies, freelancers and Kinkos), easy to use software that allow potential clients to cater their own needs and a demographic change due to shift in local industries are the main threats to the firm.Marketing Strategy A graphic firm relies on referrals and efficient networking and not advertising to generate sales. Based on the market research of several(prenominal) focus groups and a research project completed by three University of New Hampshire graduates, Metolius has devised a 3 point marketing strategy, consisting of networking, client referral, targeted customer acquisition to gain visib ility and increase sales. The networking will take on using Kievs personal and professional contacts to arrange meetings and get customers. Client referrals will come from the customers and the chambers of doctor who will be impressed by Kievs work.Kiev will also be shortlisting companies and finding ship canal to approach their decision makers and close a deal. Also putting content of all releases on the lucre and management of search engine submissions will be done by outsourcing the work to specialists at an network and e-commerce consultancy firm, 1st-at-the-top.com. The firm has identified its market to be the small and medium scale companies in Concord that have been operating for 5-15 years. Metolius will position itself as a focused and innovative graphic design and visual communication firm in the market by dwelling on Kievs respective(a) background of business and creativity.Marketing Mix The Metolius Agencys marketing mix is comp bristled of approaches to pricing, d ispersion, advertising and promotion, and customer service.* Pricing The pricing scheme will be based on per project fee that will be reason by the hours required for a project plus any other additional costs. * Distribution The distribution of services will be either via the central office or via the Internet. * Advertising and Promotion The approximately successful activities will be a comprehensive networking campaign, as well as a targeted customer acquisition system. * Customer Service In order to ensure long-term profitability, all expenses will be born for customer service to achieve total customer satisfaction.Financial ProjectionsMetolius requires monthly revenue of $8760 to lose it even. It is forecasted that in 3 years time (2002, 2003, 2004) the company will grow sufficiently such that the total sales revenue will roughly double to $145,392 and the total expenses even though will rise they will get smaller in comparison to the tax revenues by as much as 1.5% and tak e 4.35% at the end of the third year. Therefore it could be concluded that the business will always be yielding and fast growing.Review and Control The following areas will be monitored to gauge performance Revenue monthly and annual. Expenses monthly and annual. Repeat business. Customer service.This will be done by setting up a start and end date for a jobs, assigning the budget for the job and the job to a manager and department so that it can be monitored.Marketing Organization Initially Kievs alone will head and manage the marketing function till he hires an assistant for help in the seventh month.Contingency Plan The difficulties and risks posed to Metolius and the worst case scenarios must be addressed in the mishap plan. Problems with generating visibility, landing large projects for increase income and increasing competition are some of the difficulties the firm will face. The worst-case scenarios will be if the firm cant achieve profits and must liquidate assets to cover liabilities.

IT Business Outsourcing Essay Example for Free

IT business line Outsourcing moveOutsourcing basically means a butt against of constricting to another party. It is done at the outsourcing invitees location under their supervision. There are many essential factors which are needed to get back whether to outsource the information process or not. First major factor is the activity or the process itself. Main concern should be the process, whether its real needed to be outsourced (Loh et. al, 1992). If it is core job to that organization, then(prenominal) its better not to outsource it. If the task really requires highly efficient skills which is not available in your organization, then its better to outsource it. Second well-nigh important factor is the financial strategy. plot of land deciding whether to outsource, main goal of company is to save money. Its essential to verify, what leave be the score cost in both the cases, if the task to be performed within the organization or outside. Hence, the main factors for d eciding why to outsource are outsourcers cost, their capabilities and the potential end product which ultimately will reduce the danger and increase organization profit.Influence of Risk Assessment on the finish making process when seeking to outsource information processes Risk is always associated with the process of outsourcing. Many organizations who went for outsourcing, failed and few of the reasons are like pagan misalignment, end product not as per the spirit and deadlines or delivery times missed. There are mainly two types of jeopardize associated with the process of outsourcing external risk and internal risk.Read moreEssay on Business Process OutsourcingExternal risks are those risks which occur outside the organization and upon which organization do not have any control. these risks implicates a search of outsourcer who will offer the required skills in a cost effective manner, an ex replace rate fluctuation that can impact the cost savings, lack of index to guar d organization intellectual protection correctty and physical location of outsourcer which includes economic and political risk as well (Aubert, 1998). Internal risks are those risks which occur inside the organization while outsourcing.Language is the most targeted risk if outsourcing happen between two different countries where English is not the primary language and the business leader of communicating to outsourcers in a remote location where technology is not so updated. Influence of change management requirements on the decision making process when seeking to outsource information processes One of the primordial factors for a successful outsourcing is the organizations effective change management policy. Organizations who failed to manage the changes effectively suffer a lot. within an organization, the most important change management program is to create such a reliable confabulation strategy, so that the employees dont feel scared about the job security. There should be proper redeployment and retention plans for all employees to make them feel secure. Proper training should be provided to make them commiserate how to deal with outsourcers. Few change management factors during this process are good leadership quality, crystal get to procedures, strategy safeguarding stakeholders interests, communication strategy and a change-over course of action for every step (Wullenweber et al, 2008). inclusion body of different entities by business when making decisions on the processes to outsource and the third party entity to outsource to Businesses include entities when time comes to decide whether to go for outsourcing or not. When an organization needs a process to be outsourced, decision of top level (CEO or a Director) is essential. Without their confirmation, company cant think of moving ahead. later the confirmation, now its middle management turns to check whether all the important factors are going in privilege of outsourcing or not.Here come d ifferent entities like finance, Hr, marketing, quality and third party. Finance department will check outsourcing in terms of cost saving, while HR will check if the company really needs outsourcing staff or it has its own (DiRomualdo et. al. , 1998). Marketing people will do a conform to to acquire a list of best outsourcing companies and quality will judge whether the decision is anywhere hampering the quality and how to improve it in future. Third party will also play a vital usance as their location, cost of doing outsourcing and few other factors will also effect the decision (W. McFarlan et. al, 1995).

A Strategy To Align Organization And Environment Essay Example for Free

A Strategy To Align Organization And Environment EssayThis story analyzes the term strategicalal fit exactly means, types of strategic fit, necessities to focus on strategic fit, and most importantly how well an plaque can align its resources capabilities with the opportunities that exist in the external environment so as to achieve peak executing in the business. Strategy of Nestle as an example to discuss how cold it is true that effective strategic fit ensures organizations resources capabilities and what the environment exactly needs from it. tonality Words strategical, Fit, Strategy, Resource, Capabilities, Opportunities, Environment, Business Introduction It should be recognized that any strategy or management dah is appropriate only in a particular set of circumstances. Strategic fit enables an organization to mould in its particular competitive situation at peak effectiveness. It expresses the degree to which an organization is matching its resources and capa bilities with the opportunities in the external environment.The matching takes place done strategy and it is therefore vital that the company have the unfeigned resources and capabilities to execute and support the strategy. Meaning of Strategic Fit The contingency theorists argument that performance outcomes are maximized when a firm achieves an alignment or fit between a firms external environment, its internal factors and its strategy has been well established in the literature (Burns Stalker 1967 Lawrence Lorsch 1967 Keats Hitt, 1988).Nadler and Tushman (1979) theorized that the greater the extreme degree of congruence or fit between the various components, the more effective will be the organization, leading to higher levels of goal attainment, utilization of resources, and adaptation. Need for Strategic Fit Strategic fit is a quest to align the organizations operation with the needs of the market. It also involves identification of the opportunities and the action to pr ofit on the opportunities. Strategic fit can be functiond actively to evaluate the current strategic situation of a company as well as opportunities such as MA and divestitures of organisational divisions.Strategic fit is equald to the Resource-based view of the firm which suggests that the key to profitability is non only through positioning and industry selection but rather through an internal focus which seeks to utilize the unusual characteristics of the companys portfolio of resources and capabilities. Resources s Capabilities A anomalous combination of resources and capabilities can eventually be genuine into a competitive advantage which the company can profit from. However, it is important to differentiate between resources and capabilities.Resources relate to the inputs to production owned by the company, whereas capabilities describe the accumulation of learning the company possesses. Types of Resources Resources can be assort as tangible resources and intangible a sset resources. Tangible Resources The term tangible means capable of being touched, authorized or actual, rather than imaginary or visionary, definite not vague or elusive, having actual physical existence, as real estate or chattels, and therefore capable of being assigned a note value in monetary terms. Financial (Cash, securities) Physical (Location, plant, machinery) are whatsoever of the tangible resources Intangible Resources Resources that are not physical in nature are said to be Intangible resources. Corporate intellectual retention (items such as patents, trademarks, copyrights, business methodologies), in effect(p)will and brand recognition are all common intangible resources in business point of view. An intangible resource can be classified as all ambiguous or definite depending on the specifics of that resource.A company brand name is considered to be an indefinite resource, as it stays with the company as long as the company continues operations. However, if a company enters a legal agreement to operate under another companys patent, with no plans of extending the agreement, it would have a limited action and would be classified as a definite resource. Technology (Patents, copyrights) Human resources Reputation (Brands) Culture, are some of the intangible resources. CapabilitiesCapabilities are what a firm does, and represents the firms capacity to deploy resources that have been by choice integrated to achieve the desired end state. Capabilities become important when they are combined in unique combinations which create core competencies which have strategic value and can lead to competitive advantage. Capabilities needed for strategic fit are 1. Coordination 2. Commitment 3. Competence (technology, management and leadership) 4. Communication 5. Creativity 6. Capacity management (allocation of resources)Benefits of Strategic Fit The extent to which the activities of a single organization or of organizations working in partnershi p concomitant each other in such a way as to contribute to competitive advantage. The benefits of good strategic fit include cost reduction, due to economies of scale, and the transfer of knowledge and skills (technological expertise, managerial know how), use of common brand name. The success of a merger, joint venture, or strategic alliance may be affected by the degree of strategic fit between the organizations involved.Similarly, the strategic fit of one organization with another is often a factor in decisions about acquisitions, mergers, diversification, or divestment. Types of Strategic Fit 1. market related fit 2. Operating fit 3. Management fit commercialise Related Fit Market related fit arises when value chains of different businesses overlap so that the products can be utilise by same customers, marketed and promoted in similar ways, distributed through common dealers and retailers.

Wuthering Catherine and Thrushcross Catherine Essay Example for Free

Wuthering Catherine and Thrushcross Catherine EssayPeople who inhabit Wuthering Heights and Thrushcross Grange atomic number 18 in many ways similar, primarily in that they are all torn by love. However, regardless of the people or the events taking locating at Thrushcross Grange, it is always more(prenominal) reserved and far more tranquil than Wuthering Heights, which is overwhelmed by emotions and tumultuous events. This is proved by Catherine, who acts like two different people at Wuthering Heights and Thrushcross Grange. Catherine lives at some(prenominal) Wuthering Heights and Thrushcross Grange during her life, and when at Wuthering Heights, she is bold, unmanageable and untamed. Nelly describes the unruly young Catherine saying, . . . I never saw a child take up before and she put all of us recent our patience fifty times and oftener a day . . . Her spirits were always at high-water mark, her idiom always going . . . plaguing everybody. . . A tremendous, diabolic slip she was. . . Nelly says, Her spirits were always at high-water mark to orient how Catherine was at Wuthering Heights. Not only was she flamboyant, she was not afraid to hurt others or careful towards others, plaguing everybody. . . A wild, wicked slip she was. . . in Nellys words.Nellys words, she put all of us past our patience fifty times and oftener a day showing that Catherine was undignified, especially in comparison to her composed and sophisticated self at Thrushcross Grange. Describing Catherine as spirits being always at high-water mark shows how bold Catherine was at Wuthering Heights, and would have been uncharacteristic of her had she been at Thrushcross Grange. Nelly to a fault shows how painful Catherines carefree character could be when she said, Ive cried to myself to watch her growing more heedless daily.The word reckless implies that Catherine is rather carefree at Wuthering Heights, and does not care about the consequence of what she does. Her soupiness along with her adventurous, bold personality leads her to a very different life at Wuthering Heights than she lives at Thrushcross Grange. Catherine is completely changed while she is at Thrushcross Grange, starting with her 5-week stay there.Catherine stayed at Thrushcross Grange . . . and her manners were much(prenominal) improved. . . nstead of a wild, hatless little savage jumping into the house, and rushing to squeeze us all breathless, there alighted from a delightful black pony a very dignified person with brown ringlets. . . In this passage Nelly describes both the riotous Catherine that has only known Wuthering Heights and the dutiful and poised Catherine who has stayed at Thrushcross Grange. The five-week stay at Thrushcross Grange transforms Catherine into a very collected young lady, which is some amour almost foreign to Wuthering Heights.Nelly compares the two Catherines one hatless and savage, the other a dignified person. While one is lively and is not afraid to s queeze people breathless, the other is now much more subdued and composed, and is scared to as much as wrinkle her dress. While at Thrushcross Grange Catherine tells Nelly how she feels saying, Should the meanest thing alive slap me on the cheek, Id not only turn the other, just now Id ask pardon for make it and, as proof, Ill go make peace with Edgar instantly. Goodnight-Im an angel When Catherine says that shell make peace with Edgar instantly, shes reflecting the general harmony of Thrushcross Grange, where no matter whats going wrong, there is always peace.This peace also plays out on her tranquil state of mind, where she is willing to go to considerable lengths to keep even the meanest thing alive happy. She is no longer provoking other people constantly, but being careful not to upset anyone. She calls herself an angel, which also reflects on the blissfulness in which she now lives in, not only have daily catastrophes disappeared from her life but she is at peace with hers elf.Later, Catherine dies at Thrushcross Grange in that same state of peace. Nelly describes her saying her corpse of perfect peace . . . No angle in heaven could have been more beautiful than she appeared and I partook of the infinite calm in which she lay. . . When Catherine dies at Thrushcross Grange, she retains the grace and peace that she has been in while living there. Nelly refers to her as an angel, the same way Catherine had referred to herself as an angel, in a state of infinite calm that has become part of her at Thrushcross Grange.This peace was never part of her when she was at Wuthering Heights, when she was at Wuthering Heights, she was always excited and emotional, but now she is serene, and will remain continuously calm. Catherine had a very lively personality when at Wuthering Heights, which changed when she stayed at Thrushcross Grange. Thrushcross Grange is a more serene place than Wuthering Heights, not only in the events that occur there but also in the peop le which Catherine exemplifies. Catherine changed from wild and lively to dignified and peaceful due to the change in environment from Wuthering Heights to Thrushcross Grange.