CORPORATE RISK MANAGEMENT Essay Example | Topics and Well Written Essays - 1000 words

CORPORATE RISK MANAGEMENT - Essay Example Organizations cause a significant measure of cost in the administration of the dangers (Ridley and Channing, 1999). Organizations enlist specialists so as to moderate the dangers related with its tasks. The measure of hazard to be alleviated shifts from organization to organization and activity to activity. The reliance is connected with the power of the hazard as the hazard will be high when it influences the company’s activity at most extreme (Agrawal, 2009). In spite of the fact that the hazard is connected with each activity of the organization yet there are some sure territories where the worry of the hazard is significant and companies’ need to concentrate more upon those. The expenses related with hazard the board is needy upon both, the force of the hazard and the estimation of that chance. The force and worth will in general contrast in each activity and each organization. A few organizations are more worried about stock out than different while a few organizat ions are more worry about the stop in the company’s tasks. The administration of hazard is completed with most extreme concentration and significance when a venture is to be made. A choice to browse numerous ventures is to be made and normally the speculation related with least hazard is favored over others. The fundamental objective of an organization is the boosting the abundance of its investors. An organizations deals with all hazard in such a way, that the organization isn't crashed from its encouraging towards its objectives. For the pharmaceutical organizations the force appended with the danger of the new medication is a lot of exceptional as it has numerous ramifications of the particular enactments (Ncbi.nlm.nih.gov, 2013). The high power of hazard requests high hazard the executives as in the disappointment of dealing with the hazard will be prompting the conclusion of the organization. Pharmaceutical organizations have more hazard force than that of different orga nizations as the results of the organization is meds and accordingly more prominent limitations and guidelines are concerned them (Brown and Mannan, 2004).â . Expenses in chance administration are both subjective and quantitative according to the destinations of the organization. Organizations enlist master in the executives and they assess the methodology and the dangers associated with it and accordingly need to bring about expenses as far as pay rates of the employed specialists. The organizations cause cost as immediate pay rates yet the time that is devoured in the process is the cost that the organization bear as far as delay in the determination models as the time estimation of cash is viewed as falling apart. In momentary this expense is of extreme significance as the time is short as when the choice is done and the organization needs to over go with the chose alternative and do the methodology. While over the long haul the expense of deferring as in light of the time taken in the examinations and choice is viewed as significant too where the crumbling estimation of cash is considered over the time (Jorda?o and Sousa, 2010). Hazard the executives is worried about the estimation of the hazard and the force of the hazard which is a tedious technique (Krause, 2006). The profits upon the task chance is related with the market pace of return. The examination between the two is done so as to assess the undertaking. There are high probabilities in specific situations where the organization sees the undertaking achievable as less dangerous and a while later due to the

cause of world war Essay -- essays research papers

Reason for World War I In contrast to World War II, the reasons for World War I are not as obvious. History specialists state the war had been developing for quite a while before 1914. The "Great War" was not brought about by neurotics hungry for power as on account of Mussolini and Hitler during World War II. The beginnings are increasingly mind boggling. Initial one is the partnership Systems The causes can be clarified, more in political terms than human terms. From the finish of the Franco-Prussian War, an arrangement of mystery collusions created in Europe. This in the end split the mainland into two threatening sides. Since such a large number of various forces were associated with common barrier understandings, when the war happened, it included almost every nation of Europe. Because of the partnerships, a few powers had to help approaches followed by their accomplices, which they didn't generally overlook. Ultimately, the mystery collusions prompted doubt and the conviction that undeniably increasingly mystery understandings existed, at that point was truth be told, the case. Besides rivalry The opposition for provinces was another wellspring of global opposition. The extraordinary forces separated off Africa among them, set up ranges of prominence in China and looked for protectorates somewhere else. Eventually this race to proper new regions will undoubtedly start contradictions over limits of control. Thirdly, militarism All the nations inside the threatening camps were assembling huge armed forces and naval forces during the pre-war ...

8 Tips for Using Google for Jobs

8 Tips for Using Google for Jobs Google for Jobs is a new search feature introduced by Google that sorts tons of job listings from the web making it easy for job seekers to find jobs in whatever sector they wish.The job listings are gotten from career and job sites and they are displayed in Google search.Google for Jobs is available in different regions including the United States and the United Kingdom.The major aim Google wants to achieve with this app is the elimination of obstacles that prevent available candidates from being matched with the perfect jobs for them.Google for Jobs evolved from the Cloud Jobs API launched by Google in November 2016.This API made use of machine learning to be able to blend the relationships between job titles, skills and the preference of job seekers when searching online.The API was a huge success; because the matching of applicants to jobs worked perfectly well and the possibility of job seekers using the API when applying for jobs was increased by 18%.Since its the introduction in 2016, more than 4.5 million people have had an interaction with the API and a great percentage of these people are job seekers.Google for Jobs is the advanced form of the API; it is a combination of cloud jobs API and a very strong and efficient search engine feature that job seekers can use to get whatever kind of job listing they want.Google is the most popular search engine with a lot of people beginning their search from it, including job seekers; this is why Google for Jobs is relevant.With Google for Jobs, job seekers do not have to pass through any rigorous stress to get the answers they need.The amount of people who are unemployed keep rising and this makes finding jobs a lot harder due to the volume of people vying for the same positions.In April 2017, the number of unemployed persons in the United States was 1.6 million. Source: Money.com.Thats huge and if you do not have the tools to stand out youll keep being a part of that number.This is where the importance of Google for Jobs comes in. It places you one step ahead of other job seekers.Google didnt just develop a great software, it also entered into a partnership with awesome sites like Facebook, Monster, CareerBuilder, Glassdoor, LinkedIn etc. to make sure that Google Jobs has enough listings and also to help improve the chances of efficient matching.This partnership enables users to see jobs posted on these other sites even while still on Google, they do not have to go the personal websites of Facebook, Monster etc. before they can see the job listings.It eliminates the stress of the job seeker constantly surfing the net from one site to another in search of suitable jobs.The problem of job listings being duplicated is also eliminated.If you are searching on these sites separately there is every possibility that you will stumble upon the same jo b opening over and over again, but with Google Jobs, there is no unnecessary replication or duplication of jobs.HOW GOOGLE FOR JOBS WORKSIf youre searching for a recipe or desperately need an answer to a question thats been on your mind or you want to find out more about those shoes youre intending to purchase.How do you find out the answers to these questions? It’s simple, you Google them.Well, now you can easily channel that Google search power to look for jobs.This new job search feature isnt a job board, its basically like a regular search feature that simply pulls job openings already out there which are relevant to the user and displays them in a single place.This is quite the innovation because websites like CareerBuilder and Glassdoor have specific job ads but the Google for Jobs search engine displays to you relevant employment listings from all supported outlets at once.What you must understand about Google for Jobs is that it has no dedicated URL; its just a search tool .If you reside in the UK or US, all you need to do is initiate a normal Google search, like you would if you were searching for something like shirts or suits.Lets see a screenshot example of a search using the Google for jobs tool. Source: GoogleAfter initiating the search, an embedded application appears above the regular Google results, which is seen in the screenshot above.Even though the job results seem quite small, it isnt, those little snippets are a portal into the Google for Jobs app. Source: GoogleAll you need to do is to click on the tiny arrow and youll be taken into your job seeking dashboard.So lets elaborate some more; beneath your search bar, youll see three major tabs:  Jobs, Alerts and Saved. Source: Google1. Jobs This is the first page you see displaying all results2. Saved Any listing that you bookmark to view later is kept here3. Alerts This is where youll see all your saved search alerts. These will be sent to your Gmail inbox as well.Under these, there is a submenu which is full of numerous filter options.When you run your mouse over it the submenu opens up and displays the various sorting options. Source: GoogleIt starts with “category” and this allows you to streamline your search to particular industries. The other tabs are Title, Date Posted, Location, Type, Company Type, and Employer. Title Queries for positions, or titles, in your chosen sector Location Allows the increment of the search area by mileage with the inclusion of nearby cities. Date Posted You can choose for searches to show only recent jobs or show jobs from the previous month. Type The type tab allows you to filter your search to part-time, internship, contractor, and full-time. Company Type This is almost like the category tab, expect it is for companies and not the position youre searching for. Employer You can use this section to find jobs with specific employers. For example Apple, Microsoft, and Oracle etc.Now beneath the menu bars, you’ll see the results: Source: GoogleOn the left, there is a scrollable list of listings with their contents on the right.Look at the results on the left side of the screen; youll see the position needed at the top, written boldly, then the company name, city and where Google aggregated that particular result from.Under that, youll see how long its been since it was posted and the type of work, which could be full-time, part-time, contractor and internship as we saw above.Also, you can click the bookmark icon to save a specific result in your saved tab. To apply to the job, click the big blue button to the right of the particular listing.After this, youll be able to see the job description.There are also reviews of the company from job boards like Indeed and Glassdoor, followed by the companys website link.This helps you check up on the company and find other openings at this particular organization.Lastly, there is a blue tab at the bottom-left corner of your screen; this is so you can allow email alerts for the particular query.This is quite handy because after youve made a search once and filtered all the options according to what you need, you wont have to do it again.Rather, additional results that match your search criteria will be emailed to you as well as placed in the third major tab, Alerts.This is what makes Google for Jobs very effective, not only does it reveal employment opportunities to you; it offers unique and powerful filter options.With such filtering, you can be certain that you find job opportunities that are exactly your fit.GOOGLE FOR JOBS TIPSBelow are 8 tips to help you maximize your experience when using Google for Jobs and give you the best results for your searches.1. Search FilteringWhen you make a search for a particular job and you navigate from the little snippets on the result page to the Google for Jobs app, you have the ability to filter the particular listings that show up based on your search.Google for Jobs offers job seekers the opportunity to a ccess listings from so many different sources with a single click.Due to how overwhelming the volume of results can be, its necessary to be able to trim down your search requests to your specific needs.A shorter and more relevant list will be far more beneficial than a huge list that youll have to skip through many irrelevant openings.When you submit your application only to relevant jobs, the chances of getting turned down for an interview are reduced drastically.Keep in mind that Google for Jobs uses machine learning so you can expect the most relevant openings shown to you.From your dashboard, you can simply choose the category or industry you are interested in, the location of the job, the type of job and the date the opening was posted.The last one is extremely vital because it saves you the stress of applying to listings that are already filled up.Also if a particular listing has been posted for long without application engagements you might want to find out more about the com pany before applying.These filter options exist to make your search a whole lot faster and easier and you should take full advantage of them.You no longer have to navigate from one irrelevant listing to another as youd do on job boards, the most relevant openings are shown to you and you simply just have to make the choice.2. Use Keywords ProperlyAs you may already know, for every search platform, keywords are extremely important.No matter how advanced a feature is, if you are looking for a job in aviation and type in nursing jobs in aviation, youd get very terrible results.So for instance, with our nursing example, if you are searching for job listings in gynecology or pediatrics, you should put in something like “nursing jobs in gynecology.If you want to work in a particular hospital you can also include that in your search.You may be wondering why do all this when Google for Jobs is so advanced?Well, itll help you get the best of the best in terms of relevance to your search.Th e amount of time youd spend going through the various tabs will be eliminated.Another important aspect of this tip is leaving out irrelevant keywords or skills that you do not possess and replacing them with your skill level. What do I mean?For instance, if you are searching for an entry-level job, youd want to see only ads that do not require years of experience.This will show you listings that require a person with no prior experience. Never underplay the importance of keywords on any search platform if you are interested in getting the best fit.Taking our previous nursing example, nursing jobs in gynecology if you do not have prior experience, the results you get could include listings that only require nurses with years of service.But with the addition of Entry level nursing jobs, youve eliminated openings that dont match your skill set.3. Take Full Advantage of the Category TabGoogle for Jobs allows you to search by categories of jobs, which is particular industries, like Aviat ion.This can be extremely helpful if in your initial search your keywords regarding the industry arent relevant enough.For instance, you may possess statistical skills or qualifications and want to use them within a specific sector. Simply searching for listings requiring a person with statistical skills would give you broad results.However, if you use the category tab you can choose the particular sector you want to use your skills in, for example, marketing.Itd be a painful journey going through listings from NASA requiring a skill set in statistics when youre looking for a marketing job.4. The Benefit of Job AlertsJob alerts are a great way to get informed of relevant job listings.Google for Jobs offers this amazing tool as one of its innovative features and it notifies you when new openings on listings you bookmarked are available.How Does the Job Alert Feature Work?The Job Alert feature notifies you with an email that includes a list of new job listings that are in line with yo ur previously saved searches.This feature can be customized in different ways.First, you can specify the job location, category, type, position and salary that you are searching for.Then you can customize the frequency of the email alerts, to monthly, weekly or daily.BenefitsThese email alerts are very useful for so many reasons.They can be profitable for any kind of job search, with the most important aspect being that you can easily check for employment vacancies in your field through your mail, without having to dig for opportunities relevant to you.Its a huge time saver.A survey done by the Bureau of Labor Statistics  showed that between 20 to 24%  of Americans get a new Job every year, with the ADP world research placing it at 27%.This means that over 41 million people in the USA alone are searching for new openings every single year.This shows you the importance of email alerts.If youre part of that statistics and change jobs every year, you need to use job alerts to passive ly search for you, while youre on your current oneAs individuals who are currently employed do not have the luxury of time or effort to put into searching for a new job, itll do it for you and show you relevant results.Even if you are not desperate to find a new job, the alerts can suggest career openings that would be of interest to you, based on your saved searches.How to Use Job Alerts EffectivelyAssign a unique email account for it. If you use your regular email, you might get a lot of clutter and miss out on a good job opening.Also, it will save you from accidentally sending job alerts to trash or getting wearied out due to the volume of emails bunched up together.Depending on type of frequency you set, daily, weekly or monthly, you should check your email account in that frequency.This will ensure the volume doesnt get too large as the whole aim of using a unique email is to avoid clutter.When setting up your job alerts, endeavor to be as specific as possible. It will save you the stress having to delete numerous unrelated job listings.If after some emails the Google for Jobs alert is sending you irrelevant emails. Go back to the app and revise your saved search settings.For the frequency, think about how often youll get the time to read these emails. If you currently have a job, setting these job alerts to daily might just stuff your mail with clutter when you finally get the chance to check it.However, if youre desperately in need of a job, then setting it daily or weekly will be great. Keep in mind though that job alerts do not replace you actively searching for a job. Keep searching in addition to it.5.  ApplicationsOne thing about technology and innovations is that they make everything easy and effortless. Thats exactly what Google for Jobs does for the job seeker.Before the app came along, youd have to register on different platforms and check each of them individually for relevant career openings.However, thats not the case with Google for Jobs. If you find a job thats relevant to you, you can apply. Just above the job description, it will show you all websites and job boards that have this particular opening.So all you need to do is simply choose whether you want to apply directly through the companys website or the job board. Isnt that amazing?Even if you do not have accounts on numerous job boards, you can easily access the companys website and make your submission.To use this feature effectively, take advantage of the option to apply via the employers website.Dont just limit your applications through job boards as some openings might not be featured on any job board.6. Tips for using the Location FeatureWhen searching for a job, location is very essential.Most people wouldnt want a job in the UK when they reside in the USA.Although Google for Jobs eliminates this by including only jobs between 2 to 200 miles of your current location, you still have to select a relevant location.If you reside in Washington and are in Tex as for some reason when you are selecting a location, itd be wise to choose Washington as your location and not Texas.This is much better because you can easily be available if youre called up for an interview after the application.Furthermore, this feature of Google for Jobs is very beneficial when you are restricted to a particular location, if you do not want to transport too far to get to work or simply just want a job close by.7. Salary TipsUsing Google for Jobs you can get a good estimate of what a particular job listing salary is, even if its not a part of the companys information.Its very simple. Google for Jobs searches various job boards with positions similar to the same one you are searching on and gives you the expected salary for that position.Using this function, youll be able to get quality information on what your pay should be. This is essentially a useful innovation for people who are contemplating leaving their job for a new one.Before you even begin the applicat ion process, it will let you know whether the pay is much higher or lower than your current job.However, when using this feature keep in mind that most jobs have additional perks like Childcare, Health insurance, Pension, Paid leave, etc.So, dont make any decision solely based on the salary alone without checking for the other benefits of the job, as they can boost the pay quite high.8. Read ReviewsIn a research carried out by Pew Research, 1/3 of job seekers stated that they found relevant openings through searching on the Internet. Source: Pew ResearchThis proves how vital the information you get regarding a job listing or company on the Internet is, especially on job boards.With such a huge number of people getting employed through searches, theyll definitely have something useful to say regarding particular openings or a company based on their experiences.Google for Jobs displays reviews from top job boards on every listing, right after the description of the job; youll see various reviews about the company offering the job.This is vital, and you shouldnt skip it because reviews help you see an unbiased view of the organization, how they treat employees, and what the company stands for, etc.Hence, ensure that you find out different opinions about the company youre trying to apply for.CONCLUSIONGoogle for Jobs is an AI aggregator and is not a job board. This makes it unique compared to all the other job sites already existing.Whats more, it doesnt just offer a single platform but links you up with so many job boards which increase your chances of getting a great job.Following these tips you should be able to use Google for Jobs effectively to find relevant career opportunities without stress.

Animal Farm by George Orwell - Free Essay Example

Sample details Pages: 2 Words: 610 Downloads: 1 Date added: 2018/12/29 Category Literature Essay Type Review Level High school Tags: Animal Farm Essay George Orwell Essay Did you like this example? Animal farm is a book that was written by George Orwell to reflect on the events that lead to Russian revolution. Since he was a democratic socialist, he uses the book to criticize the brutality in the region due to dictatorship. It is a book full of satire but represents the human society. The story starts with the old major of the manor farm who dies and upon his death, two young pigs named Snowball and Napoleon take over the leadership of the farm. They prepare a rebellion and they drive the farmer, Mr. Jones out of the farm and formulate seven laws to govern the rest of the animals in the farm. Life runs smoothly in the far although the pigs promote themselves to higher positions of leadership and establish special treatment for them. Several years later, Jones is assisted by other farmers in recapturing the farm but their efforts dont bear fruits. The defeat of jones is mostly spearheaded by Snowball and as a result he becomes famous. Popularity of snowball leads to power competition between him and Napoleon. When Snowball announces his plans to build a windmill, napoleons becomes envious and mobilizes his dogs and chases him away. He now chooses Squealer to be his deputy and grants credit for the windmill idea to him. When the windmill collapses due to heavy storm Napoleon lies to the other animals that it is snowball trying to sabotage the project. Don’t waste time! Our writers will create an original "Animal Farm by George Orwell" essay for you Create order Mr. Fredrick, a neighboring farmer, decides to attack the farm again but his efforts dont bear fruits. Some of napoleons loyalists like Boxer are injured during the attack and they still continue working hard in order to please him. He finally collapses one day and he is rushed to the hospital where he dies while undergoing treatment. However, it is later learnt that it was a plan by napoleon to sell boxer to the Knacker in order to get money to buy expensive whiskey with his close friends. Finally the windmill is constructed but other projects that Snowball had suggested like electric lighting, running water system and heating system are not implemented. Napoleon blindfolds the animals by telling them that happiest animals should live a simple life. In the end of the story it is not easy to distinguish the pigs from people for they are walking upright and wearing clothes. This story does not just talk about animals without a reason. The writer intents to reveal several sociological aspects in the society we live in using animals. One of the sociological aspects indicated in the story is conflict. There is a conflict between the two leading pigs, Snowball and Napoleon. They are competing for the supremacy in the society that they live in which is still a societal issue in the modern society. Leadership wrangles are presented well in the story even in the beginning of the story for we see how the pigs and other animals chase Mr. Jones out of the farm. Another societal issue raised in the story is betrayal and selfishness in the society. We see how Napoleon betrays one of his most loyal workers. He decides to sell boxer cheaply in order to get money to buy expensive whiskey with his close friends. The pigs have also elevated their status in the society and they consider themselves more important than the other animals. They have set special diet for the mselves in the society and they have also assigned themselves power over the other animals. Therefore, the animal farm story is a story told using animals but the animals have been used satirically to represent several sociological aspects that exist in the real world.

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Multinational Corporation (Mnc) or Multinational Enterprise (Mne) Free Essays

A  multinational corporation  (MNC) or  multinational enterprise  (MNE)[1]  is a  corporation  enterprise that manages  production  or deliversservices  in more than one country. It can also be referred to as an  international corporation. The  International Labour Organization  (ILO) has defined[citation needed]  an MNC as a corporation that has its management headquarters in one country, known as the  home country, and operates in several other countries, known as  host countries. We will write a custom essay sample on Multinational Corporation (Mnc) or Multinational Enterprise (Mne) or any similar topic only for you Order Now Some multinational corporations are very big, with budgets that exceed some nations’  gross domestic products  (GDPs). Multinational corporations can have a powerful influence in local economies, and even the  world economy, and play an important role in  international relations  and  globalization. Apple Inc. formerly  Apple Computer, Inc. is an American  multinational corporation  that designs and sells  consumer electronics,  computer software, and  personal computers. The company’s best-known hardware products are the  Macintosh  line of computers, the  iPod, the  iPhone  and the  iPad. Its software includes the  Mac OS X  operating system; the  iTunes  media browser; the  iLife  suite of multimedia and creativity software; the iWork  suite of productivity software;  Aperture, a professional photography package;  Final Cut Studio, a suite of professional audio and film-industry software products;  Logic Studio, a suite of music production tools; the  Safari  web browser; and  iOS, a mobile operating system. As of July 2011, Apple has 357  retail stores  in ten countries, and an  online store. It has been the  largest publicly traded company in the world by market capitalization,[7][8]  swapping spots with  ExxonMobil, and the largest technology company in the world by revenue and profit. [9]  As of September 24, 2011, the company had 60,400 permanent full-time employees and 2,900 temporary full-time employees worldwide; its worldwide annual sales totalled $65. 23 billion, growing to $108. 249 billion in 2011. Fortune  magazine named Apple the most admired company in the United States in 2008, and in the world from 2008 to 2011. 10][11][12][13]  However, the company has received  widespread criticism  for its contractors’ labor, and for its environmental and business practices. [14][15] Established on April 1, 1976 in  Cupertino, California, and incorporated January 3, 1977,[16]  the company was named Apple Computer, Inc. for its first 30 years. The word â€Å"Computer† was removed from its name on January 9, 2007,[17]  as its traditiona l focus on personal computers shifted towards  consumer electronics. [18] 1976–1980: The early years Apple was established on April 1, 1976 by  Steve Jobs,  Steve Wozniak, and  Ronald Wayne,[1]  to sell the  Apple I  personal computer kit. They were hand-built by Wozniak[19][20]  and first shown to the public at the  Homebrew Computer Club. [21]  The Apple I was sold as a  motherboard  (with  CPU,RAM, and basic textual-video chips)—less than what is today considered a complete personal computer. [22]  The Apple I went on sale in July 1976 and was market-priced at $666. 66 Apple was incorporated January 3, 1977[16]  without Wayne, who sold his share of the company back to Jobs and Wozniak for $800. Multi-millionaire  Mike Markkula  provided essential business expertise and funding of $250,000 during the incorporation of Apple. [ By the end of the 1970s, Apple had a staff of computer designers and a production line. The company introduced the ill-fated  Apple III  in May 1980 in an attempt to compete with  IBM  and  Microsoft  in the business and corporate computing market. [35] Jobs and several Apple employees including  Jef Raskin  visited  Xerox PARC  in December 1979 to see the  Xerox Alto. Xerox granted Apple engineers three days of access to the PARC facilities in return for the option to buy 100,000 shares (800,000 split-adjusted shares) of Apple at the pre-IPO price of $10 a share. [36]  Jobs was immediately convinced that all future computers would use a graphical user interface (GUI), and development of a GUI began for the  Apple Lisa. [37] When Apple went public, it generated more capital than any IPO since  Ford Motor Company  in 1956 and instantly created more millionaires (about 300) than any company in history. In 1984, Apple next launched the Macintosh. Its debut was announced by the now famous $1. 5 milliontelevision commercial â€Å"1984†. It was directed by  Ridley Scott, aired during the third quarter of  Super Bowl XVIIIon January 22, 1984,[39]  and is now considered a watershed event for Apple’s success[40]  and a â€Å"masterpiece†. [41][42] In 1985 a power struggle developed between Jobs and CEO  John Sculley, who had been hired two years earlier. [45]  The Apple board of directors instructed Sculley to â€Å"contain† Jobs and limit his ability to launch expensive forays into untested products. Jobs resigned from Apple and founded  NeXT Inc. the same year. [46] 1986–1993: Rise and fall Having learned several painful lessons after introducing the bulky  Macintosh Portable  in 1989, Apple introduced the  PowerBook  in 1991. The Macintosh Portable was designed to be just as powerful as a desktop Macintosh, but weighed 7. 5 kilograms (17  lb) with a 12-hour battery life. The same year, Apple introduced  System 7, a major upgrade to the operating system, which added color to the interface and introduced new networking capabilities. It remained the architectural basis for  Mac OS  until 2001. During this time Apple experimented with a number of other failed consumer targeted products including  digital cameras,  portable CD audio players,  speakers,  video consoles, and  TV appliances. Enormous resources were also invested in the problem-plagued  Newton divisionbased on John Sculley’s unrealistic market forecasts. [citation needed]  Ultimately, all of this proved too-little-too-late for Apple as their market share and stock prices continued to slide. [citation needed] 1994–1997: Attempts at reinvention In 1996, Michael Spindler was replaced by  Gil Amelio  as CEO. Gil Amelio made many changes at Apple, including extensive layoffs. [54]  After multiple failed attempts to improve Mac OS, first with the  Taligent  project, then later with  Copland  and  Gershwin, Amelio chose to purchase  NeXT  and its  NeXTSTEP  operating system, bringing Steve Jobs back to Apple as an advisor. [55]  On July 9, 1997, Gil Amelio was ousted by the board of directors after overseeing a three-year record-low stock price and crippling financial losses. Jobs became the interim CEO and began restructuring the company’s product line. 1998–2005: Return to profitability On August 15, 1998, Apple introduced a new all-in-one computer reminiscent of the  Macintosh 128K: the  iMac. The iMac design team was led by  Jonathan Ive, who would later design the  iPod  and the  iPhone. [59][60]  The iMac featured modern technology and a unique design, and sold almost 800,000 units in its first five months. [61] On May 19, 2001, Apple opened the first official  Apple Retail Stores  in Virginia and California. 69]Later on July 9 they bought Spruce Technologies, a  DVD authoring  company. On October 23 of the same year, Apple announced the  iPod  portable  digital audio player, and started selling it on November 10. The product was phenomenally successful  Ã¢â‚¬â€ over 100 million units were sold within six years. [70][71 2007–2011: iPhone, iPod Touch and iPad Delivering his keynote speech at the   Macworld Expo  on January 9, 2007, Jobs announced that Apple Computer, Inc. would from that point on be known as Apple Inc. because computers were no longer the main focus of the company, which had shifted its emphasis to mobile electronic devices. The event also saw the announcement of the  iPhone  and the  Apple TV. [83]  The following day, Apple shares hit $97. 80, an all-time high at that point. In May, Apple’s share price passed the $100 mark. [84] In October 2010, Apple shares hit an all-time high, eclipsing $300. [98]  Additionally, on October 20, Apple updated their  MacBook Air  laptop,iLife  suite of applications, and unveiled  Mac OS X Lion, the latest installment in  their Mac OS X operating system. 99]  On January 6, 2011, the company opened their  Mac App Store, a digital software distribution platform, similar to the existing iOS App Store. [100]  Apple was featured in the documentary  Something Ventured  which premiered in 2011. 2011–present: Post–Steve Jobs era On January 17, 2011, Jobs announced in an internal Apple memo that he would take another medical leave of absence, for an indefinite period, to allow him to focus on his health. Chief operating officer  Tim Cook  took up Jobs’ day-to-day operations at Apple, although Jobs would still remain â€Å"involved in major strategic decisions for the company. [101]  Apple became the most valuable consumer-facing brand in the world. [102] On October 4, 2011, Apple announced the  iPhone 4S, which includes an improved camera with 1080p video recording, a dual core A5 chip capable of 7 times faster graphics than the A4, an â€Å"intelligent software assistant† named  Siri, and cloud-sourced data with  iCloud. [110][111]One day later, on October 5, 2011, Apple announced that Jobs had died, marking the end of an era for Apple Inc. [ ———————————â⠂¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- Culture Corporate Apple was one of several highly successful companies founded in the 1970s that bucked the traditional notions of what a  corporate cultureshould look like in organizational hierarchy (flat versus tall, casual versus formal attire, etc. ). Other highly successful firms with similar cultural aspects from the same period include  Southwest Airlines  and  Microsoft. Originally, the company stood in opposition to staid competitors like  IBM  by default, thanks to the influence of its founders; Steve Jobs often walked around the office barefoot even after Apple was a  Fortune 500  company. By the time of the  Ã¢â‚¬Å"1984† TV ad, this trait had become a key way the company attempted to differentiate itself from its competitors. [142] Users Apple’s brand’s loyalty is considered unusual for any product. At one time,  Apple evangelists  were actively engaged by the company, but this was after the phenomenon was already firmly established. Apple evangelist  Guy Kawasaki  has called the brand fanaticism â€Å"something that was stumbled upon†. [154]  Apple has, however, supported the continuing existence of a network of  Mac User Groups  in most major and many minor centers of population where Mac computers are available. Mac users would meet at the European  Apple Expo  and the San Francisco  Macworld Conference Expo  trade shows where Apple traditionally introduced new products each year to the industry and public until Apple pulled out of both events. While the conferences continue, Apple does not have official representation there. Mac developers, in turn, continue to gather at the annual AppleWorldwide Developers Conference. ————————————————- Corporate affairs During the Mac’s early history Apple generally refused to adopt prevailing industry standards for hardware, instead creating their own. [161]This trend was largely reversed in the late 1990s beginning with Apple’s adoption of the  PCI  bus in the  7500/8500/9500  Power Macs. Apple has since adopted  USB,  AGP,  HyperTransport,  Wi-Fi, and other industry standards in its computers and was in some cases a leader in the adoption of standards such as USB. [162]  FireWire  is an Apple-originated standard that has seen widespread industry adoption after it was standardized as  IEEE 1394. [163] Headquarters Apple Inc. s world corporate headquarters are located in the middle of  Silicon Valley, at 1-6  Infinite Loop,  Cupertino, California. This Apple campus has six buildings that total 850,000 square feet (79,000 m2) and was built in 1993 by Sobrato Development Cos. [167] —————————â€⠀Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€Ã¢â‚¬â€- Finance In its fiscal year ending in September 2011, Apple Inc. hit new heights financially with $108 billion in revenues increased significantly from $65 billion in 2010 and nearly $82 billion available in cash reserve, but the market share decreased to 15 percent from 16. 6 percent. [219] How to cite Multinational Corporation (Mnc) or Multinational Enterprise (Mne), Papers

duality of human nature by william blake Essay Example For Students

duality of human nature by william blake Essay Which of the poets discussed in this course do you find most interesting? Choose two or three of his poems and explain why these works interest you. (Be detailed and specific; use quotations to clarify and illustrate your discussion. ) To eat or not to eat the cookies that is the question. William Blake is one of the most popular English romantic artists. He was a painter, a sculptor and a poet. I find him most interesting as his poetry touches problems which are timeless and I may say that a latter-day person asks himself the same questions concerning religious matters as Blake did. He used his poetry as a powerful instrument of social comment. He believed, that his vocation was to teach people how to return to the a different, ancient like perception of religion and the world around. People living in Blakes times generally were aware that they have lost something valuable, what the ancients did have purity, some kind of naivety and respect to the word around. But they also believed that they are so much sophisticated that they would never return to the roots. For that reason he was not understood by people of his times, as Blake himself had an opposite view on that matter. He would encourage everyone to release form systems they are imprisoned in. He believed that people at that times were living in an imprisoned society. Imprisoned by many different systems like political system, religious system or philosophical system. He also believed that a person consists of two parts, physical and spiritual part. He was convinced that if everyone would release his soul his spiritual part, that would make him a happy human being. William Blake as a great poet wrote many different poems, but I would like to introduce two of them, representing two extremely different points of view about eligious beliefs. The Lamb and Garden of Love. Both of them I find real and still up to date. The first poem is called The Lamb. The poem is a small childs song in the form of a question and answer. The first part is rural and descriptive, while the second focuses on abstract spiritual matters. The childs questions are both naive and profound. The poem begins with the question, Li ttle Lamb, who made thee? The speaker asks the lamb about its origins and praises the lambs looks and voice. The childs answers reveal his confidence in his simple Christian faith and his innocent cceptance of its teachings. By the words For he calls himself a Lamb, reader can be sure that the lamb symbolizes Jesus. The traditional image of Jesus as a lamb underscores the Christian values of gentleness, weakness, and peace. The image of the child is also associated with Jesus He became a little child . In the Gospel, Jesus displays a special solicitude for children, and the Bibles depiction of Jesus in his childhood shows him as guileless and vulnerable. These are also the characteristics from which the child-speaker approaches the ideas of nature end of God. This poem, like many of the Songs of Innocence, accepts what Blake saw as the more positive aspects of conventional Christian belief. The second, opposite point of Blakes view is described in the poem Garden of the Garden of Love, where I used to play on the green(.. ) Reader knows that this place was once an enjoyable place where the person, in that aspect a Christian adult, used to feel happy and peaceful. As he goes to the Garden of Love, he finds a chapel that had never been there before. (.. ) And saw what I never had seen: a Chapel was built in the midst. The Chapel represents the invasion of Christianity into a pure and. .u6e91411da783e180765e3ea9d1d196b4 , .u6e91411da783e180765e3ea9d1d196b4 .postImageUrl , .u6e91411da783e180765e3ea9d1d196b4 .centered-text-area { min-height: 80px; position: relative; } .u6e91411da783e180765e3ea9d1d196b4 , .u6e91411da783e180765e3ea9d1d196b4:hover , .u6e91411da783e180765e3ea9d1d196b4:visited , .u6e91411da783e180765e3ea9d1d196b4:active { border:0!important; } .u6e91411da783e180765e3ea9d1d196b4 .clearfix:after { content: ""; display: table; clear: both; } .u6e91411da783e180765e3ea9d1d196b4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u6e91411da783e180765e3ea9d1d196b4:active , .u6e91411da783e180765e3ea9d1d196b4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u6e91411da783e180765e3ea9d1d196b4 .centered-text-area { width: 100%; position: relative ; } .u6e91411da783e180765e3ea9d1d196b4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u6e91411da783e180765e3ea9d1d196b4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u6e91411da783e180765e3ea9d1d196b4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u6e91411da783e180765e3ea9d1d196b4:hover .ctaButton { background-color: #34495E!important; } .u6e91411da783e180765e3ea9d1d196b4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u6e91411da783e180765e3ea9d1d196b4 .u6e91411da783e180765e3ea9d1d196b4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u6e91411da783e180765e3ea9d1d196b4:after { content: ""; display: block; clear: both; } READ: Head Start EssayChapel, where he finds himself as a child becomes a place of melancholy and sadness. Once the man reaches the Chapel, he finds that the doors are closed, and that he cannot enter. And Thou shalt not. Writ over the door, Hence, it reflects Blakes cross attitude to organized religion and God. Reassuming and trying to answer the question at the beginning I would say that, the two poems reflect two different points of view concerning religious beliefs and peoples attitude to God. But it also reflects dualism of human nature. When we are children we are free from the notion of evil and rules. We accept, without uestioning, our nature. We are pure and gentle and tend to follow our natural instinct of answering our basic needs of being happy and loved other words as children, when put into making a choice, we would eat the cookies because it would make us a pleasure. But as we become adults, we are supposed to follow the system of rules made by an institution called The Church, and making ourselves a pleasure is then forbidden. Pleasure is in Christian world regarded as a sin. A grown mans perception to God and religion consists of prohibitions and orders. I fully agree with Blakes point of view and I dream of a world of grow -up children.

World Literature Eng 203 Flashcard

World Literature Eng 203

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Inventory management Essay Example | Topics and Well Written Essays - 750 words

Inventory management - Essay Example While VMI does require a strong partnership and trust relationship, given the fact that it decreases expenses, enhances strategic product development, and leverages available technology, there is no reason to think that an upsurge in demand will change the fundamental principles that make VMI work. Although Scouras takes a generally negative position on VMI and feels that suppliers should not make inventory management a core competency, there is much to be said for the system itself. His assertion that the success of the methodology depends upon the economic climate is not supportable in light of the fundamental benefits provided to both suppliers and retailers regardless of the status of demand. The first notable advantage is that VMI decreases expenses on both ends of the supply chain. For the supplier, efficiencies in purchasing, ordering, shipping, and warehousing are increased while customers receive the cost benefits associated with carrying less inventory (Coleman and Poulan, 53). Supply chain efficiency is always a good thing and changes in the rate of demand for any particular product do not alter that fact. The argument that suppliers incur a higher risk due to their management of inventory is unavailing; suppliers are able to directly control the amount of productio n, and would be able to adjust their production processes to meet the level of demand present in the market at any particular point in time. In fact, the use of VMI allows suppliers to more accurately gauge which products are experiencing higher demand. A second significant advantage provided by VMI is the fact that it allows suppliers to engage in strategic product development. Users of the system have found that it brings them closer to their customers, provides more information on consumer preferences, and allows them to adjust and manage retail stocks (Lowson 76). The benefit of this proximity is that suppliers are able to develop new or improved

High Performance Essay Example | Topics and Well Written Essays - 250 words

High Performance - Essay Example is, the company should institute efficient ethical standards, which will boost its general performance and especially those of the executives, since approximately 90% of the corporation’s future leadership/management will emanate from workforce already evident in the firm. Despite having shown significant progress for the past ten years, the company lacks the necessary requirements which are key aspects prior venturing into the international market. These requirements are mainly resources that entail both human and physical assets, for instance, adequate funding (AMA, 2007). The company ought to establish an effective mechanism directed towards identifying high performing employees and rewarding system. Since an executive normally assumes the center role in enabling an organization to reach and establish itself in the competitive global market, a slight fault might yield to its collapse if its management is incompetent (Kimberly, 2008). Besides, the firm should concentrate on internal operations while correcting the evident inadequacies like evaluation of their workforce performance, motivation, augmenting budget and managerial training. This is because during expansion to the global levels, it will utilize almost 90% of its management besides incorpo rating extra experienced international executive. Hence, reducing numerous wrangles and divisions that are currently evident amid the workforce where some are contented with the firm’s current position (AMA, 2007). In addition, the firm must institute extra consistent strategies aiming to reach the international standards and dominate the arena, which is contrary to the current state (Scott, 2003). This will enable each to undertake all the aspects seriously because the firm’s philosophies are in line to their strategies, hence, no confusion. Besides incepting adequate policies meant to augment its budget in preparation for international venturing, the firm needs to start developing its personnel. This will be

External Factors Affecting To The Pepsico Marketing Essay

External Factors Affecting To The Pepsico Marketing Essay Books, articles, journals and periodicals were reviewed; internet sources were also visited, to elicit information. The major threat identified were more of environmental, arising majorly from its sludge which was alleged to contain a high level of toxic chemicals, including cadmium and lead, both of which can be harmful to human and plants. The case of coca-cola plant in Perumatti in the southern state of Kerala in India was used as a case study Not only is PepsiCo the worlds largest beverage company, but in 200 nations ( with consumers enjoying an average of 1.6 billion servings a day), sells about 500 sparkling brands, including 4 of the top sellers (coca- cola, diet coke, sprite and fanta), sparkling beverages, juices, and ready to drink teas among others. In this assignment we focused on the activities regarding the external factors which affect the PepsiCo, needs and expectations of stakeholders of PepsiCo, major changes taking place in the external environment in PepsiCo, modeling tools develop strategic options, basis of future PepsiCo strategy, comparative understanding of competitor activity from others. External factors affecting to the PepsiCo. PEST analysis is concerned with the key external environmental influences on a business. POLITICAL ECONOMICAL SOCIAL TECHNOLOGICAL PepsiCo product are subject to various federal laws New opportunities in other countries Replenishing water Operates in almost all the countries Land acquisition for new factories Fuel price Replenishing water Introduction of cans and plastic Bottles Govt. focusing on stricter water pollution norms Availability of labor Partnership with farmers Newer and attractive Designs Raw Material prices A great worry. Have a global economic perspective Solid waste management program State-of-the-Art plants Needs and expectations of stakeholders of PepsiCo Consumers PepsiCo are proud to offer PepsiCo consumers a wide range of products that deliver great taste, nutritional value, convenience and affordability. PepsiCo are committed to playing a responsible role in health and PepsiCo are finding innovative ways to reduce the use of energy, water and packaging, and to better serve consumer wants and needs through new products and packaging And PepsiCo work relentlessly to improve productivity so PepsiCo can offer affordable products to a broad range of consumers. Consumer Privacy Consumer privacy is important to PepsiCo, and PepsiCo make every effort to make sure consumers are provided with PepsiCo policies, terms and conditions. PepsiCo business divisions and many markets maintain corporate and brand PepsiCo sites, fully accessible to all interested parties. Communities PepsiCo support PepsiCo communities through PepsiCo businesses by contributing to not-for-profit groups and by working with organizations dedicated to improving the lives of people. PepsiCo have advisory groups that focus on health and issues of concern to the African American, Asian and Latino/Hispanic communities, among others. Investors PepsiCo strive to provide investors with a reasonable return on their investment, based on consistent financial growth in the marketplace and consistent financial results. PepsiCo take a long-term view and make appropriate investments to strengthen PepsiCo brands, develop PepsiCo capabilities and pursue new opportunities. Partners PepsiCo did not control these bottlers, PepsiCo did not consolidate their results. Instead, PepsiCo included PepsiCo share of their net income based on PepsiCo percentage of economic ownership in PepsiCo income statement as bottling equity income. Suppliers PepsiCo suppliers provide us with the goods and services needed in PepsiCo business. PepsiCo buy goods and services at competitive prices with the goal of allowing both PepsiCo suppliers and PepsiCo to make a reasonable profit. Major changes affect strategy. PepsiCo intend to continue to focus our efforts on, among other initiatives, the following. These changes of the external factors changes the Strategy of PepsiCo PepsiCo Company to develop a business model to continue exploring and participating in new lines of beverages, extending existing product lines and effectively advertising and marketing our products; implementing selective packaging strategies designed to increase consumer demand for our products and to build a strong returnable base for the PepsiCo brand; replicating our best practices throughout the value chain; Adapting organizational and asset structure in order to be in a better position to respond to a changing competitive environment; to build a multi-cultural collaborative team, from top to bottom; and broadening our geographic footprint through organic growth and strategic acquisitions. SWOT analysis of PepsiCo SWOT Analysis of PepsiCo Strengths Weaknesses Opportunity Threat one of the most recognized brands of the world Low Productivity In 2008 PepsiCo had approximately 198,000 employees. International Expansion PepsiCo is in the midst of making a $1, 000 million investment in China, and a $500 million investment in India Decline in Carbonated Drink Sales Soft drink sales are projected to decline by as much as 2.7% by 2012, PepsiCos diversification is obvious in that the fact that each of its top 18 brands Image Damage Due to Product Recall Growing Savory Snack and Bottled Water market in US PepsiCo is positioned well to capitalize on the growing bottle water market which is projected to be worth over $24 million by 2012. Intense Competition The Coca-Cola Company is PepsiCos primary competitors. But others include Nestlà ©, Groupe Danone and Kraft Foods. Intense competition may influence pricing, advertising, sales The company delivers its products directly from manufacturing plants and warehouses to customer warehouses and retail stores Its revenue per employee was $219,439, which was lower that its competitors. Broadening of Product Base PepsiCo is seeking to address one of its potential weaknesses; dependency Potential Negative Impact of Government Regulations Develop a comparative understanding of competitor activity from other organizations in the market. pff2.jpg Create options to form the basis of future organizational strategy. The PepsiCo reaffirmed the underlying strength of its integrated food and beverage portfolio and concluded that PepsiCo offers the most compelling value to shareholders as one company. Significantly increase investments in its iconic brands and in bringing innovation to market. Advertising and marketing spending will increase by $500-$600 million in 2012, the majority in North America. Going forward, it expects to maintain or increase that rate of support as a percentage of revenues. To drive efficiencies, it will reduce the number of agency partners and also take steps to leverage the global scale of its top brand platforms. The brand investments are expected to drive top line growth and enable greater price realization; Implement a three-year productivity program that is expected to generate over $500 million in incremental cost savings in 2012, further incremental reductions in the cost base of about $500 million in 2013, and an additional $500 million in 2014. The productivity savings will span every aspect of the business: Improve its net return on invested capital by at least 50 basis points annually beginning in 2013 through increased focus on capital spending and working capital management. As an example, in 2012 we will be reducing capital expenditures by 10% versus 2011. The emphasis is on systematically improving the efficiency of the existing asset base; (Armstrong, 1986) Strategy plan that ensures stakeholders of an organization The newest campaign slogan, introduced this year, is More Happy, which definitely coincides with one concrete example of more in the packaging of Pepsi products today-more designs. Many more. At least 35 distinct design ideas will grace the packaging of Pepsis cans and bottles this year alone, and this design strategy may continue indefinitely Pepsi actually asked their loyal consumers what brand elements would have to remain so that they would be intuitively reassured that their favorite drinks were not changing and the brand they trusted was still essentially the same. Their answer was direct and consistent. Pepsi-lovers needed to see three elements for sure-the Pepsi globe, the iconic Pepsi blue, and the familiar tilted Pepsi capital letters. Television ad campaigns are reinforcing the globe-centric approach by featuring a boulder-sized Pepsi globe in various settings careening to and fro like a pinball. In the ads and on the front of most of the new packages is the reassuring tag line: Same Pepsi inside, new look outside. Miller explains that it is customary and important to reassure consumers for at least six months in situations like this. (Renger, (2002). ) Create options for a strategy plan Hopefully you and your team will come up with several options or solutions to fix the problem you are working on. In evaluating these options or potential solutions, I have found the following criteria to be beneficial: Effectiveness: How likely is it that this solution will get me to the desired situation? Feasibility: How realistic is this solution? How likely is it that this solution can be implemented effectively? Time: How long will it take to implement this solution? How long will it take to get the desired results? Cost: How much will it cost, in money or other resources, to implement this solution? Human resources: How many people will need to be involved to implement this solution? Difficulty or ease of implementation: Overall, how easy or difficult will it be to implement this solution? Risk: How much is at risk in implementing this solution? (Armstrong S. , 1985) Strategy plan ensuring the resource implications. Intensive growth (Identifying the opportunities to achieve further growth within the current business) Product -market expansion grid is useful framework for detecting new intensive growth opportunities. (Conley, 1992, April.) Market penetration strategy (The Company first considers whether it could gain more market share with its current products in the current markets): Headquartered in Purchase, New York, with Research and Development Headquarters in Valhalla. A third force was the perceived synergy between salty snacks and soft drinks. As Kendall succinctly related to Forbes in 1968, Potato chips make you thirsty; Pepsi satisfies thirst. The plan was to jointly market PepsiCos snacks and soft drinks, thereby giving Pepsi a potential advantage in its ongoing battle with Coke. Expand the Global Leadership Position of Our Snacks Business. PepsiCo is the global snacks leader, with the No. 1 savory category share position in virtually every key region across the globe. Ensure Sustainable, Profitable Growth in Global Beverages. When combined with the actions we are taking to refresh their brands across the entire beverage category, they believe this game-changing transaction will enable them to accelerate their top-line growth and also improve their profitability. Unleash the Power of Power of One. The combination of snacks and beverages-with our high-demand global and local brands-makes PepsiCo an essential partner for large-format as well as small-format retailers. Mission, Vision, Objectives of PepsiCo Mission Mission is to be the worlds premier consumer products company focused on convenient foods and beverages. PepsiCo seek to produce financial rewards to investors as they provide opportunities for growth and enrichment to our employees, our business partners and the communities in which they operate. And in everything do, they strive for honesty, fairness and integrity. Our Vision PepsiCos responsibility is to continually improve all aspects of the world in which they operate environment, social, economic creating a better tomorrow than today. Vision is put into action through programs and a focus on environmental stewardship, activities to benefit society, and a commitment to build shareholder value by making PepsiCo a truly sustainable company. Objectives At PepsiCo, theyre committed to achieving business and financial success while leaving a positive imprint on society delivering what they call Performance with Purpose. PepsiCo approach to superior financial performance is straightforward drive shareholder value. By addressing social and environmental issues, they also deliver on our purpose agenda, which consists of human, environmental, and talent sustainability. PepsiCos Future management objectives As a global food and beverage company with brands that stand for quality and are respected household names-Pepsi-Cola, Lays, Quaker Oats, Tropicana and Gatorade, to name a few-PepsiCo will continue to build a portfolio of enjoyable and wholesome foods and beverages; find innovative ways to reduce the use of energy, water and packaging; and provide a great workplace for our associates. The Companys operating management structure consists of five geographic groups plus the Minute Maid Company. Name of the group Country/Region The North American Group USA and Canada. The Latin America Group Central and South America The Greater Europe Group Greenland to Russias Far East. The Africa and Middle East Group Middle East and the Africa continent. The Asia Pacific Group From India through the Pacific region . Values and culture of PepsiCo PepsiCos mission is to continue to be the worlds premier consumer Products Company focused on convenient foods and beverages. They endeavor to produce financial rewards to investors while providing opportunities for growth and enrichment to their employees, their business partners and the communities in which they operate. In everything the company does, they strive for honesty, fairness and integrity. PepsiCos mission for 2008 was Performance with Purpose which the CEO of PepsiCo Indra K. Nooyi elaborates on when she says this mission combines the two things that define what we do-growing the business, and acting as ethical and responsible citizens of the world The companys values philosophy are centered on being a socially and environmentally responsible company. Therefore every policy it formulates and decision it makes is based on the following guiding principles: * Care for customers, consumers and the world they live in. * Sell only products that they can be proud of.  · Speak with truth and candor. * Balance short term and long term. * Win with diversity and inclusion. * Respect others and succeed together. Evaluation of a strategy plan The introduction stages starts when products lunched in this period sales will be very slow, must of the organization faced negative profit and high cost. There are some stages where organization has to face high risk in innovation of new product. When the coca-cola company launched power the stages are: where high risk product development stage Introduction stage Growth stage After passing these stages product will be in maturity stage where organization make more profit and try to stay in this stage after this stage is decline stage which is also risk and here need to some force/change to stay in maturity stage. (Conley, 1993, April) The action plan, basically developing a very detailed list of to do thing where PepsiCo included task, time and budget or cost framework with relating marketing mix the coca-cola company in estimate the budget and talks in marketing about activities. Implementation of strategy plan Step One: Goal Setting This first step is a bit obvious. PepsiCo have a goal in mind. And PepsiCo see at earlier Coca cola made its goal at early of the year. Step Two: Research Start talking about goal and research what it will take to fulfill it. Step Three: Weigh Options Theres almost never just one way to do something. PepsiCo depend RD in here. Step Four: Direction Now that PepsiCo have a goal, knowledge of that goal, and options towards obtaining it, theyre now ready to decide the best course of action. Step Five: Begin Analysis Current situation Goals Target Customer Key Services Communication Strategy Evaluation Has this type of communications activity taken place before? If so, what was the result? Are PepsiCo seeking to provide new information? PepsiCo target the Customer with the market segmentation. Motivate the customer Fit with the resources PepsiCo already have. can learn how plan worked with various Customer, What are your major communications opportunities? Are PepsiCo calling the audience to action? PepsiCo focus on the Customer Keep in mind that consumer PepsiCos best assets. are the most effective communications vehicles to reach target Customer which activities had the most impact Define your communications challenge Are PepsiCo seeking to change behavior? PepsiCo develop strategy to implement this quickly. What are the Customer knowledge regarding PepsiCo. Helps to achieve goals and deliver the outcomes you wan which parts of the plan failed Many people fail at this step. It can be relatively easy to make a plan up to this point. But, heres where its time to put in the work. Step Six: Adapting The most successful people in the world are those that can adapt to current situations. Sometimes opportunities will open up and youll need to revise your plan to take advantage of them. Communications plan in a tabular format to support the roll out of the plan Monitoring and Evaluation system of PepsiCo Scenario Planning: Scenarios are realistic descriptions of the organizations possible futures that allow the scenario team to set aside its individual and organizational assumptions about how the external environment will operate and explore new ones PepsiCo is constantly aware of the link between its strategy and the changing future, thus, itself for the ifà ¢Ã¢â€š ¬Ã‚ ¦then probable future. This is exemplified it its mission statement, thus: Benchmarking is the comparison of performance in one organization or part of an organization against that in another, with a view to finding ways of improving performance. This avails the company the opportunity to take corrective measures actions. Experience to Strategy Plan A business strategist can be regarded as the leader of an expedition to find the highest elevations on a companys fitness landscape. Fog prevents the hikers from seeing more than a few feet in front of themselves. What can be done when things look so hazy? Biologists have identified key rules that evolution uses to find high peaks. Managers too can use them. The first rule is that evolutionary searches never stop. No matter how successful a strategy is at a given moment, a business must experiment constantly to find something better. Another key principle is parallelism. The entire expedition should not explore the same region. Instead, many search parties should spread out from the base camp to explore the shifting terrain and bring back news of discoveries. (Cook, 1988) Effective strategy formulation is about Building collective intuition Encouraging healthy conflict Maintaining a pace so that decisions are taken within a stipulated time Defusing political behavior. Conclusion This strategic plan articulates for the PepsiCo community and for our constituents an understanding of who we are, what we do, and the values by which we define ourselves. It articulates as well our ambitious aspiration, five key goals we believe we must meet in order to achieve that aspiration, and an assessment of where the PepsiCo stands today as we rededicate ourselves to these shared objectives. The plan does not reflect everything that the PepsiCo hopes to do over the next five years; nor does it represent an irrevocably fixed set of directives, since the planning process must be dynamic and adaptable. It will, however, serve-at the PepsiCo level and also at the collegiate, departmental, and unit levels, where so many of the important decisions of the PepsiCo are made-as the framework according to which we will make difficult decisions, focus our resources, and thereby advance the PepsiCos distinction as a leader in higher education. Company or any of its Subsidiaries or any license, franchise, permit, certificate, approval or other similar authorization affecting, or relating in any way to, the assets or business of the Company and its Subsidiaries or (d) result in the creation or imposition of any Lien on any asset of the Company or any of its Subsidiaries, with only such exceptions, in the case of each of clauses (b) through (d), as would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect on the Company or prevent or materially impede, interfere with, hinder or delay the consummation of the Merger

The Task :: essays research papers

It was a quiet afternoon so crudely interrupted by a knock at the door. A messenger had come with a letter. I took the letter and began reading. It was from my father. The old man was ill and had requested my immediate presence. I gathered my things and mounted my best horse.   Ã‚  Ã‚  Ã‚  Ã‚  I arrived at my fathers house before nightfall and was let in by one of his illustrious maids. Her name was Margarette`. She had been tending to my father for many years now. A tall, young lady yet always bleak and deteriorating. She led me strait to his chamber which was filled with the aroma of medicines and ails. The physician was also present as were a few maids. Upon seeing my arrival the old man made a weak attempt to sit up, coughing as though his lungs were filled with smoke from a thousand chimneys, and motioned for me to come closer. It was painful for me to see my once strong, cunning and seemingly invincible father in this state. In his youth, his strength had equaled ten men but now he had been reduced to a thin and withering, pale, old man. I greeted him warmly, hiding my true feelings of disgust and immorality.   Ã‚  Ã‚  Ã‚  Ã‚  My father instructed all to leave us and began talk of death nearing him. My father was not a poor man and had said to be leaving a greater portion of his wealth to me and the rest being divided amongst the maids and my sister who after marriage had moved to Spain. However before the fortune was upon me I would have to complete a task—to kill the one man who had wronged my father. The old man instructed me to take a key from his neck and open his personal drawer with it. From there I would take his prized dagger and use it to slay my fathers adversary. The jewel was wrapped in fine cloth and was not to be opened until I face my enemy in combat. My father spoke of great evil that was in the heart of this beast and only that dagger which had been soaked in his own blood could destroy him. He bid me be careful and keen with my task as this man wore a mask of kindness that I should not fall under.   Ã‚  Ã‚  Ã‚  Ã‚  Automatically I dispersed my fathers warnings, questioning his sanity and left to retire before my journey.

Barbie Doll:Represent What A perfect American Woman Is

Jennifer Perez ENC 1102 Research Paper Marge Piercy ever herd this name before? Well if you have, did you know she was the founder of Leap track Press? Marge Piercy is very well known as an American poet, novelist and social activist. Many of he founded work has been graded as best-selling. Piercy has a goal to have her feminist voice be herd by society. She shares her opinions threw the characters she makes in her writing and poetry. Piercy wrote the poem Barbie Doll, and in this poem she states woman do not need to fit into society’s point of view of what a woman should look and act like.Piercy has a fascinating history and high valued awards, but what was Piercy’s message to her audience when Barbie Doll was published in 1973. Piercy was born on March 31, 1936 in Detroit, Michigan into a family that was greatly affected by the great depression. As a child Piercy lived in a segregated neighborhood. Piercy has a half-brother from her mother’s side who is fourtee n years older than her. She was raised in the Jewish religion by her grandmother and her mother. Till this day Piercy still remains a Jew.Piercy attended a public school in Detroit and half way through grade school she became sick with the German measles and rheumatic fever. When she got ill Piercy was disabled from doing what all of the other kids were doing as a result she built an unconditional love towards the world of literature. Piercy attended the University of Michigan and was the first in her family to attend college. At seventeen, Piercy won a Hopwood award for poetry and fiction. The scholarship money that she had won because of the award enabled her to finish college.She enjoyed the college style of life but found it very difficult to find her comfort zone because of all of the political decisions government had made for woman. Her schooling finished with an M. A from Northwestern University. After her first marriage Piercy lived in Chicago. She proceeded in writing and tried her best to develop poetry and fiction she was not yet able to produce. As a woman society had a horrible out-look on her. Piercy was a twenty three divorce woman living pay check to pay check on multiple part time jobs. She became and activist for the civil rights movement. She wanted woman to be valued not minimized.Piercy’s early work was omitted because of her feminist viewpoints. In 1982 Piercy married Ira Wood. As soon as her marriage was finalized the couple moved to Cape Cod. Wood and Piercy are both a part of the same work field. Wood is an author, teacher, a former publisher, and the host of a weekly radio talk show called â€Å"The Lowdown. † The due wrote a play titled â€Å"The Last White Class† and a novel called â€Å"Storm Tide. † In 1997 they founded a small literary publishing company called Leapfrog Press. Piercy and Wood have a very intimate and loving relationship, till this day the couple is still living in Cape Cod.Piercy neve r considered herself to fit into the image of what a woman was supposed to be like in the 1950’s. Piercy published her first novel called â€Å"Going Down Fast† in 1969. It was very difficult for Piercy to publish her first book because many did not agree with her feminist viewpoints. Piercy is the author of seventeen novels including four of New York Times best sellers and eighteen volumes of poetry. Piercy has played major roles in progressive political battles of our time. She was in activist in the anti-Vietnam war and the woman’s movement, and most recently an active participant in the resistance to the War in Iraq.Her novels â€Å"Woman on the Edge of Time† and â€Å"He, She and It† have great political commitment and imaginative power. With the Baby Boom era in play woman were becoming wives and mothers rapidly. During the Mid fifty’s thou 35 percent of all woman were working and a quarter of them married. Piercy was divorced, unsucce ssful, and had multiple part time jobs at a young age. She worked as a secretary, a switchboard operator, a clerk in a department store, an artist model, and a faculty instructor.Consequently society looked down upon her and fell into the 35 percent of working woman. Piercy’s poem â€Å"Barbie Doll appears in her collection, â€Å"To Be of Us,† published in 1973. Piercy fundamentally states how humanity classifies woman for their stereotypical demeanor. Piercy uses a Barbie Doll to represent what a perfect American woman should appear as. The Poem begins with a normal young â€Å"girlchild† who plays with dolls, miniature kitchen items and pretend make-up. The poem takes an unsuspicious turn when the young girl was criticized by an outsider.He or she claimed she had to â€Å"exercise, diet, smile and wheedle† (page 647 line 14). The poem continues and there is a visual moment of her lying in a casket without her nose and legs â€Å"So she cut off her no se and her legs and offered them up†(page 647 line 17-18). Piercy uses the young child’s image as a representation of a Barbie Doll. The young child shows description that challenges were being faced by women of all ages who do not feel as if they do not fit society standards of being a woman. Despite of how sorrowful she felt the truth is she was healthy, happy, intelligent, and beautiful.

Evaluating The Value Of Halfords Uk Finance Essay - Free Essay Example

Sample details Pages: 5 Words: 1528 Downloads: 6 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? Halfords is the UKs leading retailer, on the basis of turnover, in each of the key product markets in which it operates, being, car maintenance, car enhancement and leisure (including cycles and cycle accessories and roof boxes etc. Founded as a local hardware store in Birmingham inÂÂ  1892ÂÂ  by F W Rushbrooke, Halfords has since grown to establish its position as the leading retailer of car parts, car enhancement, cycles and travel solutions in the UK.ÂÂ   Don’t waste time! Our writers will create an original "Evaluating The Value Of Halfords Uk Finance Essay" essay for you Create order In this report the value of the company is evaluated on the basis of its current statutory accounts. In this report the alternative sources of finance available for the company are also discussed. The areas of corporate risk when raising finance, paying particular attention to funds available to the company are also discussed. Business valuation: A formal assessment of the value of a business using pre-determined and generally agreed upon formulas. Theres a range of ways to value a business. Valuations based on multiples of future earnings and the capitalisations of future cashflows are the most common. There are a number of common valuation methods: Asset valuation Earning value approaches Entry cost Market approach. Discounted cash flow Industry valuations Asset-based approaches Asset based business valuation methods total up all the investments in the business. Asset-based business valuations can be done on a going concern or on a liquidation basis. AÂÂ  going concern asset-based approachÂÂ  determines the business net balance sheet value of its assets and subtracts the value of its liabilities. AÂÂ  liquidation asset-based approachÂÂ  represents the net cash that would be received if all assets were sold and liabilities paid off. Earning value approaches Earning value business valuation methods are predicated on the idea that a businesss true value lies in its ability to produce wealth in the future. The most common earning value approach is about Capitalizing Past Earning. With this approach, a valuator determines an expected level of cash flow for the company using a companys record of past earnings, normalizes them for unusual revenue or expenses, and multiplies the expected normalized cash flows by a capitalization factor. The capitalization factor is a reflection of what rate of return a reasonable purchaser would expect on the investment, as well as a measure of the risk that the expected earnings will not be achieved. Discounted Future EarningsÂÂ  is another earning value approach to business valuation where instead of an average of past earnings, an average of the trend of predicted future earnings is used and divided by the capitalization factor. Market value approaches Market value approaches to business valuation attempt to establish the value of the business by comparing the business to similar businesses that have recently sold. Obviously, this method is only going to work well if there are a sufficient number of similar businesses to compare. Valuation of Halfords Using the Market Value approach: In the report the Halfords Company is going to be evaluated using the market value approach. Valuation Multiple A value, typically expressed as a factor, used to multiply a business economic benefit to arrive at the business value. Market-derived business valuation multiples Valuation multiplesÂÂ  derived from similar business sales are often used to estimate the likely selling price of a business. These multiples are calculated as ratios which relate some measure of business financial performance to its potential selling price. The most popularÂÂ  multiplesÂÂ  are: Selling price divided by business gross revenue Selling price divided by business net sales Selling price divided by cash flow, such asÂÂ   Sellers Discretionary Cash FlowÂÂ  orÂÂ  Net Cash Flow OtherÂÂ  valuation multiplesÂÂ  that are also used rely on well-known accounting measures, for example: Selling price divided byÂÂ  EBITDA,ÂÂ  EBITÂÂ  or net income Selling price divided by gross profit Selling price divided by the book value ofÂÂ  business assets Selling price divided by the market value of total business assets or fixed assets such asÂÂ  Furniture, Fixtures and Equipment Selling price divided by the value of owners equity Analyst Estimates: ÂÂ   2009 2010 2011 Revenue (GBP millions) 790.34ÂÂ   792.00ÂÂ   816.67ÂÂ   Estimates 15ÂÂ   15ÂÂ   11ÂÂ   High 816.00ÂÂ   829.00ÂÂ   842.55ÂÂ   Low 784.70ÂÂ   780.00ÂÂ   774.30ÂÂ   Net Profit Pre Exceptional (GBP millions) 62.89ÂÂ   66.77ÂÂ   68.84ÂÂ   Estimates 9ÂÂ   8ÂÂ   7ÂÂ   High 69.83ÂÂ   69.00ÂÂ   71.31ÂÂ   Low 53.90ÂÂ   62.61ÂÂ   64.98ÂÂ   Net Profit As Reported (GBP millions) 63.64ÂÂ   67.20ÂÂ   70.80ÂÂ   Estimates 5ÂÂ   2ÂÂ   2ÂÂ   High 65.20ÂÂ   67.80ÂÂ   71.20ÂÂ   Low 62.60ÂÂ   66.60ÂÂ   70.40ÂÂ   Pre-Tax Profit Pre Exceptional (GBP millions) 91.11ÂÂ   94.18ÂÂ   97.80ÂÂ   Estimates 17ÂÂ   14ÂÂ   10ÂÂ   High 94.50ÂÂ   97.08ÂÂ   102.00ÂÂ   Low 78.00ÂÂ   89.44ÂÂ   92.70ÂÂ   Pre-Tax Profit As Reported (GBP millions) 87.48ÂÂ   94.90ÂÂ   98.23ÂÂ   Estimates 6ÂÂ   3ÂÂ   3ÂÂ   High 92.00ÂÂ   96.00ÂÂ   101.00ÂÂ   Low 75.90ÂÂ   94.20ÂÂ   96.00ÂÂ   EPS Pre Exceptional (GBp) 31.21ÂÂ   31.94ÂÂ   33.10ÂÂ   Estimates 18ÂÂ   16ÂÂ   12ÂÂ   High 33.60ÂÂ   33.25ÂÂ   34.70ÂÂ   Low 29.86ÂÂ   29.84ÂÂ   30.97ÂÂ   EPS As Reported (GBp) 27.55ÂÂ   32.87ÂÂ   34.38ÂÂ   Estimates 6ÂÂ   5ÂÂ   5ÂÂ   High 32.40ÂÂ   33.60ÂÂ   36.30ÂÂ   Low 23.00ÂÂ   31.98ÂÂ   33.28ÂÂ   CPS (GBp) 34.36ÂÂ   39.34ÂÂ   40.82ÂÂ   Estimates 5ÂÂ   5ÂÂ   4ÂÂ   High 40.50ÂÂ   44.10ÂÂ   46.04ÂÂ   Low 26.00ÂÂ   25.10ÂÂ   28.60ÂÂ   DPS (GBp) 15.88ÂÂ   16.69ÂÂ   17.60ÂÂ   Estimates 18ÂÂ   16ÂÂ   12ÂÂ   High 16.50ÂÂ   18.00ÂÂ   19.00ÂÂ   Low 15.14ÂÂ   16.00ÂÂ   16.50ÂÂ   EBITDA (GBP millions) 123.84ÂÂ   124.99ÂÂ   128.60ÂÂ   Estimates 13ÂÂ   13ÂÂ   8ÂÂ   High 128.50ÂÂ   131.00ÂÂ   135.00ÂÂ   Low 109.45ÂÂ   116.00ÂÂ   125.71ÂÂ   EBIT (GBP millions) 101.47ÂÂ   100.53ÂÂ   104.05ÂÂ   Estimates 12ÂÂ   11ÂÂ   8ÂÂ   High 105.00ÂÂ   105.00ÂÂ   110.00ÂÂ   Low 86.97ÂÂ   95.00ÂÂ   100.50ÂÂ   NAV (GBp) 118.00ÂÂ   131.20ÂÂ   147.80ÂÂ   Estimates 1ÂÂ   1ÂÂ   1ÂÂ   High 118.00ÂÂ   131.20ÂÂ   147.80ÂÂ   Low 118.00ÂÂ   131.20ÂÂ   147.80ÂÂ   Currant finance structure: Treasury policy The Groups Treasury Policy is structured to ensure that adequate financial resources are available for the development of its business whilst managing its currency, interest rate and counterparty credit risks. The Groups treasury strategy, policy and controls are approved by the Board. The main elements of treasury activity and associated risk are outlined below: Funding The treasury function arranges sufficient secure financial resources to enable the Group to meet its medium-term business objectives, whilst arranging facility maturities appropriate to its projected needs. The Group has a syndicated five-year term facility, maturing with a bullet repayment in July 2011, totalling 300m of committed bank facilities, comprising a non-amortising term loan of 180m and a revolving credit facility of 120m, which, together with cash surpluses, provide adequate funding for the Groups operations. Counterparty credit risk The Group actively manages its relationships with a panel of high quality financial institutions. Credit risk is controlled by the treasury function setting counterparty credit limits by reference to published rating agency credit ratings and the Corporate Default Swap market. All such counterparties, which constitute the syndicated bank group, held at least an A credit rating at the time of the facility agreement. The Treasury Policy recognises that an exposure to a counterparty arises in relation to investments, derivatives and financial instruments. The Groups treasury departments main responsibilities are to: ÃÆ'Â ¢-ÂÂ   Ensure adequate funding and liquidity for the Group; ÃÆ'Â ¢-ÂÂ   Manage the interest risk of the Groups debt; ÃÆ'Â ¢-ÂÂ   Invest surplus cash; ÃÆ'Â ¢-ÂÂ   Manage the clearing bank operations of the Group; and ÃÆ'Â ¢-ÂÂ   Manage the foreign exchange risk on its non-sterling cash flows. The Groups debt management policy is to provide an appropriate level of funding to finance the Business Plan over the medium term at a competitive cost and ensure flexibility to meet the changing needs of the Group. The Group has a syndicated five-year term facility totalling 300m that provides the Group with committed bank facilities until July 2011. The key risks that the Group faces from a treasury perspective are as follows: Financial risk The Business Plan and cash flow forecasts are subject to key assumptions such as interest rates and the significance of these risks is dependent upon the level of earnings before interest, tax, depreciation and amortisation and the strength of the balance sheet. Interest rate risk The Groups policy aims to manage the interest cost of the Group within the constraints of the Business Plan and its financial covenants. The Groups borrowings are currently subject to floating rate and the Group will continue to monitor movements in the swap market. Foreign currency risk The Group has a significant transaction exposure with increasing, direct source purchases of its supplies from the Far East, with most of the trade being in US dollars. The Groups policy is to manage the foreign exchange transaction exposures of the business to ensure the actual costs do not exceed the budget costs by 10% (excluding increases in the base cost of the product). The Group does not hedge either economic exposure or the translation exposure arising from the profits, assets and liabilities of non-sterling businesses whilst they remain immaterial. During the 53 weeks to 3 April 2009, the foreign exchange management policy was to hedge between 75% and 80% of the material foreign exchange transaction exposures on a rolling 15-18 month basis. Hedging is performed through the use of foreign currency bank accounts, spot rates and forward foreign exchange contracts. Credit risk The Groups policy is to minimise the risk that foreign exchange and interest rate derivative counterparties, the holders of surplus cash and the providers of debt will be unable to fulfil their obligations and also, in the case of lenders, unwilling to extend the loan facilities when they expire. The Group ensured that such counterparties used for credit transactions held at least an A credit rating at the time of syndication (July 2006). Ancillary business, in the main, is directed to the eight banks within the syndicated group. The Treasurer is responsible for determining creditworthiness of each counterparty, based on the overall financial strength of the counterparty. The counterparty credit risk is reviewed in the Treasury report, which is forwarded to the Treasury Committee and the Treasurer reviews credit exposure on a daily basis. Conclusion: Depending on the financial data provided by the Halfords Company the current financial stability of the company is successfully analyzed. References Annual report: Halfords PLC https://www.halfordscompany.com/hal/ir/fininfo/reports/ https://www.valuadder.com/glossary/valuation-multiplier.html https://financial-dictionary.thefreedictionary.com https://www.investopedia.com/terms/c/costofcapital.asp https://www.lse.co.uk/shareprice.asp?shareprice=THTshare=thorntons_plc_ord_10p Word Count: 2078