Explosive Morning Leads to Self Enlightenment Essays - Kirk

Angela Beima Professor Metz Eng 111-07N 14 Feb 2011 Explosive Morning Leads To Self Enlightenment In ?The Breakfast That Changed My Life?, author Kelsey Kirk gives clear and vivid details( making you feel like you are there), while giving a personal account of a single day in one soldier?s military career that changed their life. The story is well-organized with a beginning, middle, and an end. A collegiate audience would appreciate the writer?s account of the events that lead up to the moment that changed their life and, although lacking a few key details, Kirk?s attempt at telling a story that is believable and compelling is superb. Kirk begins his story by describing the atmosphere of the morning of May 14, 2004 while serving in Baghdad, Iraq, stating that the sun was out ?burning the haze off the land? and that the temperature was already seventy-five degrees in the shade. (23) However, Kirk fails to mention the current time, so we are left to wonder what time of day it is and why it is significant that the temperature is ?already? seventy-five degrees. He then goes on to tell us that he was a medic in a medical company in the army. This is where he goes into detail telling us exactly what his title is, as well as what Division of the army he is in. In the next paragraph the author tells us that they worked the night shift, giving both military times and non-military times, when stating the hours they worked. Giving the reader this information is helpful for those who might not know how to convert military time to standard time. The author also tells us that they have a ?counterpart? who shared his shift. He d escribes the smell of burning trash and tires combined with sulfur and how this combination made their noses twinge when they first stepped out of the tent. (23) They would enjoy breakfast in a ?giant white tent? that reminded him of the circus. They would then retrieve the trays as they left. (24) As they were watching CNN on the ?big screen? televisions and laughing about a joke, an explosion occurred in the distance. They both raised their heads to listen. The author was not worried because they were in a combat zone and he had become familiar with ?booms? in the distance. (24) They continued their conversation. They soon discovered that the enemy was ?walking in? mortars. The author then begins to explain what mortars are. This explanation is extremely helpful to those who don?t know what mortars are. He then goes on to explain the ?walking in? method that the insurgents use when launching these mortars. (24) After the dust settled Kirk began triaging patients while his ?counterpart? Newhart went to get help. It is during this process when Kirk notices a ?young, blond-headed? man lying face down on the floor. (25) He discovers that a fragment from the mortars had entered his shoulder and was in his spinal cord, quite possibly severing it. When the young man asks him why he can?t feel his legs, Kirk says nothing. He just places his hand on the bleeding wound and applies pressure. (25) This is the moment in which we are to believe changed Kirks life, but he does not state this. In that moment Kirk might have realized that life is precious and that it can be taken away from you at any time at any given moment, whether in a combat zone or waiting in line at the drive-thru, but again he does not state this. Kirk?s story is both believable and compelling, but the question that is on every reader?s mind is, ?What happened to the young-blond haired man? Did he survive his injuries? This information is not given in the story. Kirk only revealed that a fragment from the mortars had gone into the young man?s shoulder and was in his spinal cord, which quite possibly could have been severed as a result. (26) Kirk also does not say how this moment changed his life and why. It is only inferred that this was the moment that changed his life. As a reader, the reason that a particular moment changed the

Evaluation of the Dehumidifier Market

Evaluation of the Dehumidifier Market Executive Summary Dehumidifiers are some of the most commonly used household appliances. They are used for the purposes of reducing the levels of humidity in the air. Ideal levels of humidity range between 30 and 50 percent. At this level, the growth of microbes and other disease vectors is inhibited. The appliances are of great importance since they help the population deal with a number of health issues.Advertising We will write a custom report sample on Evaluation of the Dehumidifier Market specifically for you for only $16.05 $11/page Learn More The use of the appliances has become popular over the years following the realisation of the benefits associated with them. Statistics have shown that in countries like Korea, the sales of the appliances rose from 40,000 to 1.5 million units between 2009 and 2013. In addition, Samsung recorded a 631 percent increase in sales between May and January 2013. In light of this, it is apparent that the dehumidifier mark et has a significant potential for a company wishing to invest in new areas. Introduction Companies need to regularly evaluate their markets to determine their success. A company may also seek to enter new markets in order to support growth. Such a business requires information touching on the new market in order to make an informed decision (Esslinger 2009). For example, it is important to gather information on the customer needs. Data about other businesses operating in the market should also be sought. It is important to study the nature of the existing regulations to better understand possible barriers to entry. Companies seeking to enter new markets have to make a number of considerations prior to making any investments. To begin with, the market must be viable and able to achieve higher returns compared to other possible opportunities. The new market should also be easy to enter. As such, the company should encounter minimum constraints as it seeks to invest capital into the n ew opportunity. Before selecting the preferred opportunity, the management team must discuss and review a number proposed opportunities. The most promising venture is then selected. In most cases, the board of directors is involved in the evaluation process (Hague 2003). Usually, a project manager is then appointed to help the company further explore the market opportunity and determine its feasibility.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The project manager is required to evaluate the new market. Following the assessment, the project administrator makes recommendations to the board. They may propose for the company to enter into the new market or abandon the venture. In cases where it is recommended that the opportunity presented by the new market be exploited, the project manager needs to present to the board what actions need to be taken in order to enter into the new frontier. As such, they must come up with an action plan that is to be implemented. Timescales need to be clearly stated in order to help the board determine the implications that the implementation will have on their business. An execution proposal is also required to guide the implementation of the project (Kelley Littman 2001). The current paper entails an evaluation, action plan, and execution proposal for a refrigeration appliances manufacturing company wishing to enter into the dehumidifier market. The company has identified the need to expand its activities. After careful considerations, the dehumidifier market was identified as a potentially good opportunity for the company (Chakravarthy Krishnamoorthi 2013). As the manager appointed to spearhead the evaluation, planning, and execution of the market entry process, the author of this report is required to assess the venture and recommend to the board of directors the next course of action. If entry is recommended, the a uthor will provide an action plan and a proposal for the execution of the project. An Evaluation of the Dehumidifier Market Dehumidifiers are mostly used in homes. However, they can also be used in an industrial setting, especially in climatic chambers. The appliance is used to reduce humidity. It works by extracting moisture from the atmosphere, which is then collected as water and later discarded once it has reached the maximum level. The water collected from the appliance is not suitable for drinking since it has a large population of contaminants. Other dehumidifiers expel the water in form of vapour. As a result, the user is not required to manually discard the water that is extracted.Advertising We will write a custom report sample on Evaluation of the Dehumidifier Market specifically for you for only $16.05 $11/page Learn More There are a number of companies that manufacture the appliances across the world today (Warmefjord 2011). Most of the entitie s that produce refrigerators are also involved in the manufacture of dehumidifiers. They include LG, Samsung, and Ramtons. The main reason behind this is that the appliance operates almost on the same principles as the refrigerator. The company analysed in this report chose to venture into the dehumidifier market. The decision was arrived at following consultations made by the members of the board of directors. It was clear to the board that the dehumidifier market will provide the business with enhanced opportunities to make profits (Stelzner 2011). Being a common household appliance, most individuals purchase this product. As a result, there is high demand for the appliance in the market. The gadgets also have a simple design that makes it easy to manufacture them. They are also small in size. As such, less material is required to build them. Dehumidifiers are also portable. As a result, they are easily installed in homes, offices, and manufacturing plants (Tomovic 2009). Their en ergy efficiency greatly depends on the technology used to assemble them. The efficacy of a humidifier is determined by the amount of moisture it can extract in a day. The water collected is usually measured in form of pints. Dehumidifiers with high ranges of functionalities are mostly preferred. The need for the appliance is mostly informed by health and comfort concerns among the buyers (Norman 2012). By reducing the amount of moisture present in the surroundings, musty odour, which is usually associated with dampness, is eliminated. Most people find high humidity to be a major cause of discomfort. The situation is worsened during hot seasons when the body attempts to cool itself through perspiration. Since the air is already saturated, it cannot take up any more moisture. As a result, the sweat remains on the body surface. Individuals become extremely uncomfortable since their bodies are unable to lose heat.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Dehumidifiers improve the quality of life by stabilising the quality of air in the surroundings. Being a luxurious item, most customers are not concerned with the price attached to the appliance. On the contrary, they focus more on the quality of service that they experience from it. A company wishing to enter into this market must carefully evaluate the quality of the appliances that it can produce. However, it is important to note that the dehumidifier is not a preserve of the wealthy in the society (Haines 2009). Most middle class families also purchase this item. In developed countries, the appliances are common in most households. To effectively serve the needs of the various market segments, it is paramount to produce dehumidifiers of varying quality and prices. Dehumidifiers have also been found to help ease the people’s way of life. With the use of the appliance, laundry can dry at a faster rate since the air in the surrounding is not saturated with moisture. Through the use of the dehumidifier, foodstuffs, such as cereals, can be better preserved through drying. The absence of excessive moisture ensures that the growth of pathogenic microbes, such as moulds and aflatoxin, is prevented. The ideal level of moisture in the atmosphere is usually below 50 percent. Preferably, relative humidity should range between 30 and 50 percent. In case of lower temperatures, the air is said to be dry (Haines 2009). Dehumidifiers are commonly used for health reasons. As stated earlier, the accumulation of moisture in the atmosphere causes leads to musty odours. The dumpiness resulting from the moisture supports the growth of pathogens. Bacteria flourish in such environments, predisposing the population to a wide range of diseases. As a result, health practitioners, especially those specialising in respiratory problems, encourage their clients to purchase the appliance. High humidity also leads to the growth of mould, which is a major cause of food poisoning toda y. Health practitioners have also discovered that body moisture that remains on the skin following perspiration as a result of high humidity may lead to loss of sleep. High humidity has also been found to encourage the growth of woodlice, cloth moths, dust mites, cockroaches, and fleas. The organisms are vectors for most microbial diseases. The realisation by the members of the community that the appliance will not only improve their quality of life, but also help promote their health, has helped expand the humidifier market across the globe (Kalb 1992). As stated above, the importance of the dehumidifiers cannot be underestimated. As a result, the demand for these appliances has increased over the years. The sales of dehumidifiers have also gone up over the past few decades. In Korea, the sales of these gadgets have grown from 40,000 units in 2009 to 1.5 million in 2013. Samsung, one of the world’s leading manufacturers of dehumidifiers, reported a 631 percent growth in the sales of the appliances in the period between January and May 2013 (Funk 2014). The statistics serves as evidence that the market is viable for the company reviewed in this report. Many companies are moving in to exploit the opportunities available in this market. The organisation should not be left out in this quest. As the population becomes more aware of the reasons necessitating the purchase of the appliances, the demand is likely to go even higher (Nassar Lupien 2004). The company should be effectively positioned to exploit the opportunity in the coming fiscal year. Action Plan with Timescales Following an evaluation of the dehumidifier market, the project manager recommended to the board of directors for the company to enter into the new segment. The various departments involved in the project were notified in order to ensure that the adoption process goes on smoothly (Chakravarthy Krishnamoorthi 2013). As the manager, I requested for a team of four individuals who would hel p in the formulation of the action plan. The team is to be comprised of individuals from various departments in the company. More specifically, the team members will be drawn from the finance, human resource, production, and sales departments. The four are specialists in their various fields and have in the past participated in similar projects implemented by the company. Each of the members is expected to represent the interests of their department. Prior to making key decisions, the heads of the departments will be consulted in order to ensure that the project succeeds (Chakravarthy 2001). One of the major reasons why the team members were selected from the various departments is to ease the process of lobbying the sections to support the decisions of the team. As the project manager, I will be required to coordinate all the activities of the team and report to the board of directors on the progress achieved. In order realise the goals set for the project in venturing into the deh umidifier market, the team will be required to come up with an action plan. The plan will be composed of the steps that are to be followed to achieve the set objectives (Chary 2009). In the plan, all the resources required for the successful completion of the project are clarified. As such, it will serve as the blueprint to be followed by the project manager. The main goal of the project will also be broken down into smaller and better manageable milestones. The milestones are to be evaluated using SMART (Specific, Measurable, Attainable, Realistic, and Time based) guidelines. Timelines to be adhered to are also to be realistic and attainable in the event that all goes well for the team as planned (Trott 2008). All the team members are required to do their best to ensure that the timelines are met. The action plan for the company’s entry into the dehumidifier market will be broken down into five major parts. The sections involve initiation, planning, execution, control, and c losure. The tasks are to be carried out in this specific order to ensure that activities are executed in a systematic manner. Execution Proposal As stated earlier, initiation is the first step of the project. During the initiation process, the proposed venture will be evaluated once more and additional recommendations made. The project charter will then be developed. The charter will entail all the stakeholders involved in the realisation of the plan. In this case, the stakeholders will be the company’s shareholders, the board, the competitors, and the customers (Stratten 2012). The needs and possible concerns of each and every group of stakeholders will be evaluated. The project charter will then be submitted to the board for further assessment. Once the board has evaluated it, the members may decide to go ahead and endorse the plan or oppose it. In this case, the project manager will present a strong case to the board prompting the approval of the charter. The team will the n embark on the second phase of the project, which is planning. Once the project has been endorsed, it will be up to the project manager to start planning for its implementation. The first step will be to formulate a scope statement. During planning, the project manager will work in collaboration with the heads of departments in order to help them provide a specialist who has worked in similar projects before (Thompson 2007). Consultations with the heads of departments will also ensure that the team members are exempted from their every day jobs and responsibilities in the company until the project is completed. The project team will then hold a kick-off meeting (Benyus 2009). In the meeting, the project plan will be developed and discussed. The plan is to be in line with the objectives of the project. Timelines will also be specified in order to ensure that the team remains objectives. The proposal will then be passed on to the departments involved in the implementation of the proj ect. The departments are finance, human resource, production, and sales. The purpose for this is to make the plan as realistic as possible (Steffen 2008). The heads of department will be expected to give their concerns regarding the plan and suggest changes where needed. The final stage of planning will involve submission of the plan to the board of directors. Since they mark the authority of the company, they will approve the plan. They may also decide to suggest changes to the project team. Once the plan has been approved, the venture will progress to the next stage, which involves execution. At the start of the execution process, a meeting will be convened. Here, team members will get an opportunity to discuss what they expect to encounter. Based on the plan, an estimated budget will have been prepared. The finance department will be required to release the necessary funds in order for the project to kick off. The team will then start the procurement process (Papanek 1992). Other companies that deal with the installation of dehumidifier manufacturing plants will be invited for the tendering process. The suppliers of the building materials will also be expected to tender their offers to the project team. Since professionals dealing with the production of dehumidifiers will also be required, the project team is requires to identify firms offering such services (Poli 2001). The offers will then be examined to identify which firms will offer goods and services in the most cost effective and convenient manner. After the procurement process is over, the installation of the necessary structures will commence. It is expected that the finance department will provide all the necessary funding in order to ensure the success of the project. The human resource department will also be expected to provide the team with a professional workforce whenever need arose (Ferrara 2012). The department will also be required to train workers on how to manufacture dehumidifiers. Tra ining of the existing workforce is considered to be more beneficial to the company since it will be able to retain its already existing workforce. Hiring of new workers is also expensive to the company (Mayo 2010). Production will then kick off shortly afterwards. At the beginning, it will be done on a small-scale basis. The company can then gradually increase on its level of production. The amount of units manufactured within a given duration of time will depend on the ability of the marketing department to ensure that those that are produced are adequately distributed and promoted. As such, close collaboration will be required between the production and the marketing department while making decisions on the level of production (Roberts 2011). Once the implementation of the project has kicked off, the team will proceed to the next stage which is control. Once the project has become operational, it is important that the team carries out a number of activities aimed at improving on t he efficiency of production (Benyus 2009). It is important to note that the entry into the new market involves a great deal of changes for the company. As such, a lot of capital will be required in order for the dehumidifier sector to be fully operational. A lot of costs will also be incurred (Simmons 2002). Good management is therefore paramount. For the new venture to be of economic value, the revenues generated must exceed the costs. It is important for the project team to therefore track revenues and costs (Fuad-Luke 2009). The evaluation will be done by the finance department and report tabled to the board of directors as an indication of the company’s progress. The members of staff who are working in the new sector will also be monitored closely to ensure that they are in a position to steer production in the right direction. Once the product is already in the market, it will be important to monitor the response of customers to the introduction of the new dehumidifiers. The main purpose of the monitoring of the customer service issues will be to ensure that the product fully satisfies the needs of the customers (Tavares, Cardoso Dias 2010). The team will then be required to hold the project status meeting with the main aim being to brief the board on the progress that has been achieved. The team will also be required to monitor the progress of the new sector and identify potential risk areas. Mitigation measures will therefore need to be put in place. Once the project is running smoothly, the final stage of the execution process, closure will start. During closure, it will be important for the project team to conduct an audit. The project manager will be required to work in collaboration with the head of the finance department in order to ensure that an auditor is availed to the project team (Usero Fernandez 2009). The team will also be required to document all the progress that has been achieved during the execution process. Lessons learn are a lso to be documented. The documentation process will help the company achieve sustainability in the new sector since all the strengths and weaknesses of the company in regard to the new sector will be known. Documentation also allows for future reference. It is believed that documents are also an important decision making tool. The records will be constantly updated as new information surfaces. The project will by then have gained formal acceptance within all departments in the company (Tomovic 2009). The board of directors will also have formally identified the newly created sector as one of its divisions. Funding for the maintenance of the dehumidifier manufacturing will therefore be often allocated. As such, the manufacture of the dehumidifiers will be given special attention just like that of refrigeration appliances. All records are also to be stored safely in the company’s achieves to ensure that they are safe and can be easily retrieved in case they are needed in futur e. A timescale will also be included in the project plan to ensure that a specific schedule is adhered to (Tomovic 2009). The timescale will also be an indication of the progress that has been achieved. It will also form a basis for the evaluation of the team’s success (Lefteri 2006). The timescales are not to be changed unless there is when it is considered to be very necessary for the team. The timescale is as follows. The project is to commence on the 1st of September 2014. The project team will only be required to work within the normal working days, Monday to Friday. The plan will also provide allowances for a few days to prevent the team from lagging behind schedule. The schedule is presented below: Table 1: Schedule D Task Name Levelling Delay Duration Start Finish Resources 1 Initiation 0 Days 0 days Mon1/9/14 Mon 1/9/14 2 Evaluation Recommendations 0 Days 1 day Wen 3/9/14 Wen 3/9/14 3 Develop project charter 0 Days 2 day Thurs 4/9/14 Friday 5/9/14 Project Team 4 Deliverable: Submit Project Charter to the board of directors 0 Days 0.3 days Mon 8/9/14 Mon 8/9/14 Project Team 5 Project Sponsors (The board of directors, through the finance department) Reviews Project Charter 0 Days 1 days Tue 9/9/14 Tue 9/9/14 Sponsor 6 Project Charter Signed/ Approved 0 Days 0.3 days Wen 10/9/14 Wen 10/9/14 Sponsor 7 Planning 0 Days 1 day Thurs 11/9/14 Thurs 11/9/14 Project Team 8 Creating Scope Statement 0 Days 1 day Friday 12/9/14 Friday 12/9/14 Project Team 9 Determining Project Team 0 Days 1 day Mon 15/9/14 Mon 15/9/14 Project Manager 10 Project Team Kickoff Meeting 0 Days 1 day Thurs 18/9/14 Thurs 18/9/14 Project Team 11 Develop Project Plan 0 Days 1 day Friday 19/9/14 Friday 19/9/14 Project Team 12 Subject Project Plan to Evaluation 0 Days 1 day Fri 20/9/14 Fri 20/9/14 Project Team 13 Project Plan Approved 0 Days 0.3 days Tue 23/9/14 Tue 23/9/14 Project Team 14 Execution 0 Days 0 days Tue 23/9/14 Tue 23/9/14 15 Project Ki ckoff Meeting 0 Days 1 day Thurs 25/9/14 Thurs 25/9/14 Project Team 16 Initiate the Procurement process. 0 Days 3 weeks Mon 29/9/14 Friday 17/10/14 Project Team 17 Making Installations 0 Days 5 Months Mon 20/10/14 Friday 20/3/15 18 Training Staff 0 Days 2 weeks Mon 23/3/15 Fri 3/4/15 Project Team 19 Funding from the Finance Department 0 Days 0.3 days Mon 6/4/15 Mon 6/4/15 Project Team 20 Production of Dehumidifiers commences 0 Days 0.1 days Mon 6/4/15 Mon 6/4/15 Project Team 21 Distribution of the Dehumidifiers 0 Days 0.05 days Mon 6/4/15 Mon 6/4/15 22 Commencement of Product Promotion of the Dehumidifiers 0 Days 0.05 days Mon 6/4/15 Mon 6/4/15 23 Control 0 Days 0 days Mon 13/4/15 Mon 13/4/15 24 Project Management 0 Days 0 days Mon 13/4/15 Mon 13/4/15 Project Manager 25 Revenue Cost Tracking 0 Days 2 days Wen 15/4/15 Thurs 16/4/15 Project Team 26 Staff Monitoring 0 Days 2 days Mon 20/4/15 Tue 21/4/15 Project Team 27 Customer Services Issues 0 Days 1 day Wen 22/4/15 Wen 22/4/15 Project Team 28 Project Status Meeting 0 Days 1 day Fri 24/4/15 Fri 24/4/15 Project Team 29 Risk Management 0 Days 2 days Mon 27/4/15 Tue 28/4/15 Project Team 30 Monitoring and Mitigation Measures 0 Days 0.05 days Wen 29/4/15 Wen 29/4/15 Project Team 31 Closure 0 Days 0.1 days Wen 29/4/15 Wen 29/4/15 32 Audit 0 Days 2 days Mon 4/5/15 Tue 5/5/15 33 Document Lessons Learned 0 Days 0.5 days Thurs 7/5/15 Thurs 7/5/15 Project Team 34 Update records and files 0 Days 3 days Mon 11/5/15 Wen 13/5/15 Project Team 35 Gain Formal Acceptance 0 Days 2 days Thurs 14/5/15 Friday 15/5/15 36 Record and Store Data Safely 0 Days 1 day Mon 18/5/15 Mon 18/5/15 Project Team Production Production refers to the process in which various inputs, both material and immaterial, are handled to come up with the desired output. Production can also refer to economic means through which human wants are satisfied resulting from the consumption of the commodities produce d (Chary 2009). In this case, the dehumidifiers produced should have the ability to improve the well being of the customers. As such, the company should put in place measures to improve on the efficiency of the appliance. However, it should consider the current regulations touching on the manufacture of such appliances (Kelley Littman 2006). Rules set aside by regulatory agencies should also be adhered to. Since dehumidifiers use refrigeration gas, their manufacture is regulated by organisations that seek to reduce the emission of greenhouse gasses. Carbon Disclosure Project (CDP) is a multi trillion organisation that seeks to expose the levels of greenhouse emissions emanating from some of the world’s largest corporate. The aim of the organisation is to ensure that corporate are socially responsible and adhere to environmental conservation calls (Zheng Possel-Dolken 2002). In order for the company to succeed in the new market, corporate social responsibility is of great im portance (Salkeld 2011). There are five CDP programs, investor CDP, CDP public procurement, CDP water disclosure, CDP supply chain, and CDP cities. Investor CDP helps investors move to economies with lower carbon emission. The company wishing to enter the dehumidifier market must be viewed to be environmental friendly to be allowed to expand its operations in foreign jurisdictions (Kalb 1992). Based on CDP public procurement program, governments are able to identify corporate that are not environmental friendly. It will therefore be in the best interest of the company to abide to the set regulations. CDP water disclosure encourages corporate to use water in a manner that is sustainable. Dehumidifiers are used to extract water from the atmosphere. The water must then be discarded after the collecting container has been filled up. The water should be disposed in a responsible manner to prevent pollution. CDP supply chain advocates for collective purchasing to reduce wastage of power a nd resources (Yim 2007). The company wishing to enter the dehumidifier market can use these avenues to obtain inputs and distribute outputs in a cost effective and environmental friendly manner. The CDP cities program help provide data about emissions in major urban areas in a standardised manner (Brown Katz 2009). Cities with higher emissions discourage the entry into markets associated with high emissions. The information is vital for a company seeking to enter the dehumidifier market since it is associated with the emission of high levels of greenhouse gasses (Bellgran Safsten 2010). Product Realisation in the Market Product realisation refers to the attainment of the product that is sought by a business. The term is also used to refer to the process that a firm needs to undergo in order to produce their final product. For the case of the company, product realisation will be the successful manufacture of the dehumidifier appliances (Poli 2001). For the company to successfully a chieve their set goal, manufacture of the dehumidifiers, they must first adequately prepare for it. The company must first evaluate the market that they wish to enter (Chakravarthy 2001). Evaluation of the market helps a business to have a clear understanding of the market and its aspects, such as customer characteristics, competitors, and the nature of the market. It is also important to formulate an action plan in order to ensure that the working of the team is systematic (Demeyer, Pich Loch 2013). Timelines must also be indicated in order to guide the process. In most cases, proposals are also prepared in order to give the stakeholders a clear picture of the work that is ahead of them (McDonough Braungart 2002). Post Market Launch Checks Post market launch checks are carried out by any given company to check the relevance, attractiveness and the awareness of its brand soon after its launch (Hague 2003). A number of factors affect the position of a given commodity in the market. One of these issues entails the offer. In this case, the success of the company is anchored on a number of elements. The elements include, among others, value for money. Line extensions, re-launches and new developments are some of the major ways that need to be used to improve and consolidate position of the product in the market (Brownell 2010). Reliable and authenticated information about the product market and the new status of the launched brand, including that of the most active competitors are early indicators for a very strategic market planning (Demeyer et al. 2013). The company should focus on the quality of the products. The company needs to apply three main post launch market research instruments to ascertain some of the most important market data (Trott 2005). The three instruments include product quick check, product performance tracking and brand trend monitor (Phillips 2011). For an effective and quick clarification of product success, just before the companyâ€℠¢s panel data can successfully determine whether or not the product launch is going well, the product quick check procedure gives the company clarity about its product attractiveness and its potential reservations in the market (Stelzner 2011). The company should also use the product performance tracking instrument to aid in understanding some of the major changes in the active market and also in giving the company an idea on the best ways to manage product launch or re-launch process (Funk 2014). Finally, the organisation should keep track of the major developments of its product with regards to awareness among target customers. It is necessary for the company to realise that this approach gives clarity on how the attractiveness of its product is developing (Stratten 2012). Conclusion Dehumidifiers are common household devices. They are used to reduce the levels of humidity in the atmosphere. Following an evaluation carried out by the project manager, it is clear that the dehumidif ier market is viable, especially for companies that deal in refrigeration appliances. Dehumidifiers and refrigerators are similar given that they both use the cooling effect to perform their functions. A company manufacturing refrigeration appliances is well suited for the production of dehumidifiers. However, the management should plan adequately before entering into the new market. They should also formulate an action plan with timelines to be followed. A proposal to act as the blueprint for the real project is also required. References Bellgran, M Safsten, K 2010, Production development: design and operation of production systems, Springer, London. Benyus, J 2009, Biomimicry innovation inspired by nature, HarperCollins, London. Brown, T Katz, B 2009, Change by design: how design thinking can transform organisations and inspire innovation, HarperCollins Publishers, New York. Brownell, B 2010, Transmaterial 3: a catalogue of materials that redefine our physical environment, Princ eton Architectural Press, New York. Chakravarthy, B Krishnamoorthi, J 2013, Innovation by design: lessons from post box design development, Springer India, Mumbai. Chakravarthy, K 2001, Market driven enterprise: product development, supply chains, and manufacturing, Wiley, New York. Chary, S 2009, Production and operations management, Tata McGraw-Hill, New Delhi. Demeyer, A, Pich, M Loch, C 2013, Managing the unknown: a new approach to managing high uncertainty and risk in projects, Wiley, Hoboken. Esslinger, H 2009, A fine line: how design strategies are shaping the future of business, Jossey-Bass, San Francisco. Ferrara, M 2012, Innovation masters: historys best examples of business transformation, Cengage Learning, Detroit. Fuad-Luke, A 2009, The eco-design handbook: a complete sourcebook for the home and office, Thames Hudson, London. Funk, T 2014, Advanced social media marketing: how to lead, launch, and manage a successful social media program, Springer, Dordrecht. Hague, P 2003, Market research: a guide to planning, methodology evaluation, Kogan Page, London. Haines, S 2009, The product managers desk reference, McGraw-Hill, New York. Kalb, I 1992, Structuring your business for success, KA Press, Los Angeles. Kelley, T Littman, J 2001, The art of innovation: lessons in creativity from IDEO, Americas leading design firm, Currency/Doubleday, New York. Kelley, T Littman, J 2006, The ten faces of innovation: IDEOs strategies for beating the devils advocate driving creativity through your organisation, Profile, London. Lefteri, C 2006, Materials for inspirational design, RotoVision, Switzerland. Mayo, E 2010, ‘The case for public service market research’, International Journal of Market Research, vol. 52 no. 6, p. 711. McDonough, W Braungart, M 2002, Cradle to cradle: remaking the way we make things. Web. Nassar, D Lupien, W 2004, Market evaluation and analysis for swing trading: timeless methods and strategies for an ever-changing mark et, McGraw-Hill, New York. Norman, P 2012, Combining safety, efficiency, and competition in Europes post-trade market, Centre for the Study of Financial Innovation, London. Papanek, V 1992, Design for the real world: human ecology and social change, Academy Chicago, Chicago. Phillips, A 2011, ‘A marginalised future for market research?’, International Journal of Market Research, vol. 53 no. 6, p. 735. Poli, C 2001, Design for manufacturing: a structured approach, Butterworth-Heinemann, Boston. Roberts, P 2011, Effective project management, Kogan Page, London. Salkeld, D 2011, Project risk analysis techniques for forecasting funding requirements, costs, and timescales, Gower Publishers, Burlington. Simmons, M 2002, Securities operations: a guide to trade and position management, John Wiley, Chichester. Steffen, A 2008, Worldchanging: a users guide for the 21st century, Abrams, New York. Stelzner, M 2011, Launch: how to quickly propel your business beyond the competition, Wiley, Hoboken. Stratten, S 2012, UnMarketing: stop marketing, start engaging, Wiley, Hoboken. Tavares, S, Cardoso, M Dias, J 2010, ‘The heterogeneous best-worst choice method in market research’, International Journal of Market Research, vol. 52 no. 4, p. 533. Thompson, R 2007, Manufacturing processes for design professionals, Thames Hudson, New York. Tomovic, M 2009, Product realisation: a comprehensive approach, Springer, New York. Trott, P 2005, Innovation management and new product development, Prentice Hall, Harlow. Trott, P 2008, Innovation management and new product development, Prentice Hall, Harlow. Usero, B Fernandez, Z 2009, ‘First come, first served: how market and non-market actions influence pioneer market share’, Journal of Business Research, vol. 62 no. 11, pp. 1139-1145. Warmefjord, K 2011, Variation control in virtual product realisation: a statistical approach, Chalmers University of Technology, Göteborg. Yim, H 2007, Consumer or iented development of ecodesign products, Vulkan-Verl, Essen. Zheng, L Possel-Dolken, F 2002, Strategic production networks: with 17 tables, Springer, Berlin.

Writing about Construction Sequence of a Storage Ponds Research Paper

Writing about Construction Sequence of a Storage Ponds - Research Paper Example The stored water can be used for irrigation, and also fighting fire.But for the Forest Hills Metropolitan District Storage Pond Development, the new storage ponds would be used for â€Å"Water Augmentation purposes (releasing water from the ponds back into the Bear Creek watershed for use by water users downstream with senior in the event of a forest fire. It is however important that the basic procedure in the construction of a pond is followed so that the owner can come up with a top quality pond that is easy to maintain (Hyde & Perry 5). The first step in this process is finding a good location for the pond. This process is more important than the actual pond construction. Most sites are unsuitable for pond construction and whether the construction is inch perfect or not, the pond will fail if the site is not good enough. It is therefore important to analyze the safety of the area, topography, geological makeup, features of the drainage area and the water holding ability of the s oil in that particular area. Pond safety When planning for a pond, do not ignore the chances of the pond failing and in addition to the damage that can be caused by the rapidly released water. It is therefore important to locate the pond in an area where such a failure cannot cause damage to infrastructure or risk the lives of people or livestock. If it has to be in such an area, it is important to seek the services of an engineer who can come up with a design that is safe and fail proof. The site should not have any underground cables or pipelines as they can be broken or cause injury during excavation. This should also be the case to areas with electricity lines crossing above as they could be caught by a fishing line if they hang low. Water bodies attract different sorts of people from children to adults, this applies to ponds as well. It is therefore important to make the pond safe for activities like fishing. The pond owner should have any stumps removed so that boat riders sho uld not have any trouble when having fun in the pond (Hyde & Perry 7). Soils in the Pond The texture of soil can vary depending of the depth and might change strongly over a short distance. For the site to be appropriate for a pond, the soil has to be able to hold water. The soil layer should be thick in order to prevent excessive leaks, clay soil is recommended for pond construction since their texture is good and even better when it is a mixture of sand and clay. Sands with course textures do not hold water and are not recommended. A mixture of sand and gravel is even worse. In case a part of the pond has poor soil, it can be made impervious by adding betonies clay, this is however an expensive affair and it is advisable that an alternative pond site is chosen (Hyde & Perry 10).The profile of the soil beneath the damn should be studied as well because if it is not impervious, the water can seep away in the long run and therefore the foundation of the pond should be sealed using im pervious soil to make seepage impossible. Geology Building a pond in areas with limestone deposits is risky since the area might have invisible crevices which could make the pond to leak, such areas even have granular soils which leak even when wet. Such sites should have a thorough investigation done of them so that it is certain that they can hold water. Topography The cost of construction of a pond mainly depend on the lay of the land since if a pond with a high storage volume is needed, the site should have a low earth fill so that excavation work does not cost too much. A site with two ridges towering over either sides is good since it allows a large area to be flooded with ease. These areas also reduce the chances of some areas of the pond having shallow water. Excavated ponds are

Global Strategic Management Assignment Example | Topics and Well Written Essays - 1000 words - 2

Global Strategic Management - Assignment Example The latter entails using similar and confusing trademarks or service marks on a similar, not fake, product or service. Counterfeit goods are sold around the world. However, the vice is more prevalent in developing countries where it is relatively cheaper to produce a product (Sullivan & Chermak, 2013). For instance, Taiwan and China in Asia are exceptionally prone to counterfeiting. The practice is also found in developed economies, albeit to a lesser degree. Counterfeiting is not only illegal, but also unethical. It is unethical because it involves profiting from another person’s sweat, so to speak. The producers of counterfeit goods are not prepared to introduce their brands and grow them. Instead, they cut corners and try to profit from established brands behind the backs of their owners. The world over, business organizations adopt a variety of measures to address counterfeiting. These can be business, legal or technological. An example of a legal measure is an organization registering their trademarks. Today, it is common for large multinational corporations to have the various components of their manufactured in different jurisdictions then ship them to the assembly plant. Usually, this mode of operation is designed to take advantage of the advantages that various jurisdictions have to offer. For example, a manufacturer of smartphones located in Singapore may have their battery manufacturing plant situated in Finland. Under these circumstances, the smartphone manufacturer will do well to have all their trademarks registered in all the jurisdictions where parts of the smartphone are made. This is in addition to registering those trademarks in all the countries where the finished phones are sold. Some of the business measures that organizations take to combat counterfeiting include creating and maintaining an anti-counterfeiting department (Spink & Fejes, 2012). The key role of the department to initiate and implement measures to prevent the

Effectiveness of the Current Credit Risk Management of Techcombank in Dissertation

Effectiveness of the Current Credit Risk Management of Techcombank in Vietnam - Dissertation Example How significant does the current credit risk management decreases the credit risk of Techcombank? What are the strategies to decrease the credit risk of Techcombank? In order to address this research question, this paper shall measure the credit risk under the previous risk management strategies compared to the credit risk under the current risk management strategies. If the findings indicate that the current credit risk management does not reduce the credit risk of the bank, then the reasons for it shall be analysed. 1.1.3. Statement of Research Hypothesis In this research study the Null hypothesis (H0) will be tested against the alternate hypothesis (H1) in each case. The null hypothesis (H0) states that Techcombank has established effective controls for reducing credit risk occurrence while the alternate hypothesis (H1) states that Techcombank still does not have established controls for effectively reducing its credit risk. 1.1.4. Scope of the Study The scope of this research is restricted to a study of credit risk and credit risk prevention in Techcombank Vietnam. However, in order to be able to critically review the credit risk situation in Techcombank of Vietnam, the research will rely on literature review from various authors about credit risk, credit risk controls and credit risk prevention. 1.2. Research Objectives / Hypotheses The specific objectives of the research are as follows: Analysis and review of credit risk faced by banks Determining Techcombank’s credit risk controls measures Proposing standards for measuring the credit risk in a bank such as Techcombank based on scientific footings 1.2.1. Significance of Study This study will identify the main causes of credit risk for Techcombank before and after the... The paper tells that for many banks, loans are the most obvious and the largest source of credit risk. However, there are other sources of credit risk which include bank acceptances, interbank swaps, bonds, equities, options, guarantees among others. In the modern times, as the economy of the world continues to grow and the effect of globalization continues to impact on economic activities, need for financing by investors has also grown, causing an increase in demand for financial services from banks. With the growth of the world’s economy, the number of people using banking services is also increasing as many people are increasingly appreciating use of bank services to undertake their businesses and day-to-day financial operations. As the number of borrowers requiring financial services from Techcombank Vietnam increases, the number of financial services extended to borrowers in form of loans, guarantees, bank acceptances, trade financing and foreign exchange transactions is also increasing. Techcombank Vietnam can fail in two ways. First, a bank can become insolvent by suffering losses on its assets or investment portfolio, resulting in a depletion of its capital. Second, a bank can be a profitable business operation, but fail because it cannot meet the liquidity demands of its depositors. The greater a banks expected deposit variability, the greater the proportion of liquid assets Techcombank should hold. The dilemma facing banks is reconciling the conflicting goals of solvency and liquidity on the one hand and profitability on the other.

Romanticism and Realism Comparison

Romanticism and Realism Comparison Romanticism and Realism are both different literary movements, but are closely related in time and history. Romanticism is best characterized as a movement of art, literature, and way of thought in the middle of the 18th century. Romanticism was sparked by the Industrial Revolution. Romanticism was in essence a protest of the Enlightenment period. Many people did not approve of the fact that scientific discoveries were being made about nature, many wanted nature to stay as a pure, and work of God, not scientific discovery. The Romanticism era tried to revolt from the Enlightenment and science by focusing time and effort on literature, music, art, natural history, and education (Romanticism). ÂÂ  As the middle 19th century approached, many were hesitant to trust this romantic train of thought. People wanted to find peace in knowing why things happened and to separate from supernatural explanations (Earle). Having an explanation in science made many feel more confident and liked t hat events could be explained scientifically, rather than an idea they could not prove. Many can tell the difference between Romanticism and Realism easiest by the plot and characterization. Throughout these literary movements, many authors made their claim to fame by writing terrific literature that fit their style of writing and the literary movement in which they were a part of. ÂÂ   An important author that contributed great work in the era of Romanticism was William Wordsworth. Wordsworth was born in 1770, in what many would call the scenic area of England. William Wordsworth was the second of five children of the John and Ann Wordsworth. Although he produced many famous pieces of poetry, he is most famous for his poem I wonder lonely as a cloud. I wonder lonely as a cloud is a poem of a of society that is moving from the claim liking of nature and imagination towards the harms of reality and away from Gods creation. This poem by Wordsworth is very much characterized as a Romanticism piece of writing. The entire poem is based around love, guilt, and sin. Romanticism literature has more of a psychological feel, appeals more to the inside of someone. The setting and facts of the story is not as important as what the characters or in many cases the given metaphor are going through. Although, the Puritan society background really aids in the full understand of why Wordsworth is going through the digression of the natural world, the main point of the poem is to demonstrate the natural side of the everyday world and the movement or change in society. For example, in the poem I wonder lonely as a cloud William depicts A poet could not but be gay, in such a jocund company: I gazedand gazedbut little thought what wealth the show to me had brought (Wordsworth). This confirms this poem as a piece of romanticism literature not just because of the time period, but the scheme. The poem is talking about the gifts that God had given us in terms of imagination and more importantly the natural world. The main point of this story is change, making it a part of the romantic scheme of poetry, clearly fitting the era in which it was written. Another famous writer in the Romanticism period was Edgar Allan Poe. Poe is greatly known for his rather dark works. Poe was born in 1809 and died in 1849, amidst this romantic time frame. He was a critic and literary mastermind, practically inventing the mystery type genre (Poes Life). ÂÂ  Most of his poetry and other writing pieces are dark, almost demented, with a rather negative connotation. His most famous poetry that takes on a romantic feel is The Raven. The Raven is dark poem depicting a man who has mourning about his lover. A raven visits a man while he is debating himself, to forgive or forget his dead lover. This is considered a romanticism piece of work since he shows his romantic and sensitive side toward he lost love. He clearly explains his thoughts of his love and how it is effecting him emotionally, And the silken sad uncertain rustling of each purple curtain/ Thrilled me filled me with fantastic terrors never felt before; /So that now, to still the beating of my heart (Poe). This really portrays the romanticism of this poem because he talks about his mourning and how he is still sad and lonely without his love. He goes on to explain he is still living, but feels like he is not without her with him. This is surprising to think that Poe had a part in the romanticism era despite his dark work before, yet this time period was so significant to authors and artists that he was still influenced by it. Although the Romanticism era had a great effect on arts all around the world, with the turn of the 19th century, realism was the craze to write to and about. One of the most famous realism authors in American literature was Mark Twain. Although most of his work was in the 19th century, his lasting realism works have been enjoyed since then. He was born in Florida and as he grew up, became a printmakers apprentice. As he was immersed into the world of words, he became a reporter and soon began writing of his own imagination (Biography). His most famous works include The Adventures of Huckleberry Finn and The Adventures of Tom Sawyer. Twain is represented through the realism era because he did not write about magic, mystical, and such a focus on love, he focused on depicting life in a realistic manner. For example, in The Adventures of Huckleberry Finn, he explains a story in which a young boy is neglected and abused by his father. Realism was all about the historical time frame and re ference, and writing about events and situations that actually happened in real life. Huck explains his life and when his father gets drunk, Then the old man got to cussing and cussed everything and everybody he could think of, and then cussed them all over again to make sure he hadnt skipped any (Twain). ÂÂ  This quote perfectly shows that The Adventures of Huckleberry Finn had showed and explained many real life events and things that were happening in society, making it a great impact in the Realism era. Next to Mark Twain, Emily Dickinson was one of the other most significant contributors to Realism literature. Emily was born in 1830 in Massachusetts to her proud parents. She was very bright at a very young age, but was restricted by her strict religion (Pettinger). Although Emily was influenced by the Romanticism era of nature, she was influenced by her harsh realities of life and society, which is best described as realism. For example, her famous poem Because I could not stop for Death explains the harsh reality of dying, but her calm take on it. Dickinsons explanation that death is a part of life and we should not fear it is greatly characterized by realism, since real life comes with death. Her serine thoughts on death are summed up in the first 2 lines of her poem, Because I could not stop for Death-/He kindly stopped for me-/ (Dickinson). This clearly can be considered realism since it deals with such a real issue, something that goes on in life and society every day. Overall, the Romanticism and Realism era has produced some of the greatest works of art, music, literature, and theories. As you inspect both eras, you can easily see how they play off each other. Romanticism was the product of resisting the Enlightenment and taking a stance for the arts. Hawthorne and Poe greatly demonstrate their romanticism attitude by writing about the psychological effects of a person; love, mourning, and guilt. Romanticism is the use of the heart and internal struggles of individuals and how they are relating to each other and nature. As time and science advanced, many took the path of realism, literature they could relate to and explaining society. Twain and Dickinson take Realism to a whole new level, by explaining thoroughly society problems and real life events that everyone deals with. Both eras have extreme importance in literary movements and have showed the transition of history has an influence on the arts.

I Will Make a Difference :: College Admissions Essays

Essays - I Will Make a Difference I think that it is important for me to look around and ask myself what kind of things I can do to help my country. Recently, at school, we collected money for the Red Cross. We had to explain over and over to the students that it didn't matter if you gave one dollar or twenty dollars. Whatever you give will help others and be appreciated. Even though I am too young to make a big impact on the people involved in the tragedy, I feel like my small part may have let them know that people everywhere care. It's true that we all need to make a difference in times of crisis and need, but we also need to strive to make a difference each day. I know that I can make a difference in the lives of many people by simply lending a helping hand or showing kindness to others. I try to take the time to cheer up my grandmother and older friends in the nursing home by paying them a visit. I know my parents stay very busy and it helps them out when I come home and lend a helping hand without being asked. I can help a friend with their homework, or sometimes help by just being there to listen to them. I can also make a difference in the community where I live. Last year my class held a car wash to raise money for the Animal Shelter. We went to visit the dogs there and I realized that the money we raised made a difference for some of them.

A New Fertilizer Product for Vegetables

First, a stimulant component of fertilizer is obtained. This should not be very pricey, because we need an invention that can be used by every category of people.The merchandise must be sufficient to supply good victuals to plants for their vigorous and long life. Another motive which has supported this research in demeanor is to reduce the quandary of blazing of tropical plants.Research Questions:The study for manufacturing most modern fertilizers for the augmentation of vegetables is founded on the subsequent research questions:-What is the course of action for manufacturing fertilizers?   Which nourishment is less costly? Which fertilizers can be used commercially and which ones can be used by common   Ã‚  public. Also, whether these fertilizers convene to the expected needs of clients or not. Hypothesis for the Experiment:Macrobiotic fertilizer is less expensive and will be used socially, while on the other hand, tropical plant fertilizer will be more expensive and commercial ly used.Subjects:To obtain low priced fertilizers, assigned to a financial group. Quality check assigned to the department of health. Macrobiotic Fertilizer:Object:To produce a stimulant that can be prepared in simple steps and can be extensively used for supporting the growth of plants.Elements used in the Manufacturing of Macrobiotic Fertilizer:For obtaining this fertilizer, we require a variety of limes, seed feast, gypsum, fillet and kelp feast.Procedure:Mix the all 4 components of seed meals with  ¼ regular limes; now add  ¼ of gypsum piece in the combination. Lastly, add  ½ of the dolomitic lime. To obtain the finest result, a small amount of bone feast should also be added.Result:By the application of macrobiotic fertilizer on crops, it is concluded that the crop growth is much healthier and faster than before.   The experiment shows that when the elements were bought in bulk, the cost was not very high, and this product is expected to be in more demand because of its lower prices (Aubrey Vaughn, April 4, 2007).

Insurance and Genetics essays

Insurance and Genetics essays Do you have health insurance? When you go to the doctor do you think about how your insurance gives you coverage? When your pay check is a little short because of your premium are you angry? I would like to discuss with you what is going to happen when genetic testing becomes more widely used. In order to discuss how genetic testing is going to affect the insurance industry we must first discuss how insurance works. I know that there are two sides to every story, so I would also like to discuss the pro's and con's of genetic testing. Hopefully, by the end of this presentation you will better understand why this is such an important topic. First, I would like to talk about how insurance works. According to Risk Management and Insurance, insurance is defined as "a social device in which a group of individuals who transfer risk in order to combine experience, which permits mathematical prediction of losses, and provides for payment of losses from funds contributed by all members who transferred risk." Insurance is based on the uncertainty of life. If you have a risk, then most people tend to want to get rid of the risk, or transfer it. The person who transfers risk is the insured and the one who assumes risk, is the insurer. Once you decide to transfer risk you are put into a pool, or a group in which everyone has the same risk as you. Not everyone in the pool is going to get the disease or ailment but they all pay the same premium to cover the people who do. The premium is based on the amount of risk you have. This is based entirely on history and statistics. This is a topic on the mind of many people who are involved in the industry. It is also an important topic in government. Democrats and civil rights groups favor legislation that would set stringent privacy standards, ban discrimination by insurers and employers, and allow discrimination victims to seek uncappe ...

Antitrust practices Essay Example

Antitrust practices Essay Example Antitrust practices Essay Antitrust practices Essay Antimonopoly patterns are patterns carried on by concerns that end up destructing perfect competition in the market. Antitrust Torahs are Torahs prepared to seek and advance healthy market competition by forestalling anti-competitive patterns by companies. Some of the illegal patterns that constitute to antimonopoly behaviour include corporate amalgamations. monopolies and monetary value repair confederacies ( Bailey. 2010 ) . The Clayton Act of 1914 was passed by the U. S Congress. It was an antimonopoly jurisprudence that was amended to halt and forestall patterns that led to unhealthy competition in the market. The Clayton Act was amended in order to complement an earlier version of the antimonopoly jurisprudence referred to as the Sherman antimonopoly Act of 1980. This was a federal jurisprudence that sought to forestall patterns that were harmful to consumers such as trusts. monopolies and other unjust concern patterns ( California Association of REALTORS. 2005 ) . Google Company One of the recent houses to be investigated for antimonopoly behaviour is Google Company that leads the online seeking industry. Harmonizing to Weiss ( 2014 ) . the house late was being investigated by Competition Commission of India ( CCI ) for claims that it abused its laterality in the on-line hunt engine industry by chiefly advancing its ain services over those of its challengers. This ground is considered to make unhealthy competition in the concern as the hunt engine company dominates its challengers in what is considered about a monopolistic market. Antimonopoly behaviour brings about both monetary and non-pecuniary costs. Since it amendss healthy competition in the market. monopolies can ensue and this has inauspicious effects to the monetary values of trade goods. The merchandises end up going dearly-won and expensive for the clients and. hence. impacting the society negatively ( Bailey. 2010 ) . On the other manus. antimonopoly behaviour leads to the end product of merchand ises falling below the market competitory degree and this is chiefly witnessed in monopolistic markets. Then once more. the antimonopoly patterns can be dearly-won for any company that has engaged in them since if probes prove that the company is guilty of the said Acts of the Apostless so heavy punishments can be imposed on them. Furthermore. this can destroy the repute of any company and. hence. stoping up losing its clients ( Bailey. 2010 ) . Monopolies and Oligopolies Monopolies and oligopolies are non ever good for the society. Their presence in any market merely means they have all the power to command the monetary values of their merchandises and services. This is non favourable to the clients since monetary values can ever travel up any clip particularly when the demand for certain trade goods is high. One good illustration of an oligopoly is the Coca Cola and Pepsi Companies. These are the world’s largest drink companies and demand for their merchandises is neer diminishing. However. these two companies represent a market with few providers while the consumers are many. They have all the power to order their products’ monetary values and the consumers have no power whatsoever ( Hovenkamp. 2011 ) . On the other manus. some authorities monopolies can be considered good to the members of the society. Many authoritiess in the current universe control the production and supply of electricity and other signifiers of energy. This is ut ile because the authoritiess aim at supplying such services to the citizens at low-cost monetary values and across the states. It is the duty of the authorities to heighten substructure development in the state and. hence. running such sectors of the economic system can be good to consumers. Decision In decision. it is of import to indicate out that antimonopoly patterns are unwanted behaviours since they destroy healthy competition among concerns. However. the jurisprudence is rigorous on companies that engage in these patterns and heavy punishments can be imposed on them. Antimonopoly patterns include monetary value repair. corporate amalgamations and creative activity of monopolies ( Reeves. 2010 ) .

Credibility of Media Essay Example | Topics and Well Written Essays - 2750 words

Credibility of Media - Essay Example Media credibility is the condition of believability or acceptance of its truthfulness or untruthfulness from the point of view of its audience (Starcks and Salwen, 2009), and may be expressed as a level or percentage of acceptance as in number of respondents answering in the affirmative or negative. For purposes of this paper and to enable an adventure into the pros and cons of the thesis statement, media shall be deemed to enjoy some reasonable acceptance by its publics, given that it has enjoyed public viewing since time unknown. Hence, the question: Is media becoming less and less credible? Recently, CBS News released the results of a survey by Pew Research Center for the People and the Press of people’s perception of media taken sometime in 2009 (CBSNews, 2009). The survey indicated that nearly two-thirds of Americans think that the news stories that they read, hear and watch are frequently inaccurate (CBSNews, 2009). The Center described these results as the highest level of skepticism ever recorded since 1985 when the first study was conducted. Other studies such as this would be presented in this paper to provide a wide-angle picture of the issue of credibility in media. It is the purpose of this paper to take this closer look at media in its most common forms and analyse critically the trend it is taking insofar as its acceptability to the public is concerned. The paper shall present secondary information to support its thesis regarding this media direction and provide some observations and conclusions that may add insight and value the literature available on the matter. Media Credibility What is media and what does it mean to most people? The concept of media traces back to the times old as far back as Aristotle. History is abundant in treatment of the development of media as it captures the essence of life in what is to be known as civilization. Man always looked for vehicles that would translate his ideas and values. In the early times, these representations could be found in the primitive expressions etched in stones and later, as the medium developed, in the traditional media. The theories varied but generally focused on source, message and audience type, and the issue has been the audience’s trust as a result of the audience’s knowing what is true (Stacks and Salwen, 2009). Media, then, according to Mayo and Nohria (2005), pertained largely to its use mostly by advertisers as communication vehicles for

Family-run Business Case Study Example | Topics and Well Written Essays - 2000 words

Family-run Business - Case Study Example The management primary involves family members though there may be hiring of external labor on special cases or when the business has expended and the family members cannot meet the labor demand of the business. Therefore in this case the business may hire the work of other experts to assist in running the business more so in areas where it feels that it cannot raise enough labor to meet the demands of the business. For example the business may hire experts on the areas like accounting where it cannot have the expertise in the family. But generally a small family business will use the labor force from the family. (Bork 2003, p. 76) Many of the family business that had started off as small business usually grow over the years and acquire an international standard. Most of them however are usually acquired by other people or they enter into partnership with other multinational companies in order to enhance their management. Therefore at some time, in their lifeline a family business may enter into partnership or get acquired by another businesses altogether in order to enhance their growth. Family businesses do not only reflect the source of income for the family but they also represent important values for the family as well. They communicate an important message about the values and believe of the family and they also show the aspirations of the family. Therefore the way in which these businesses are managed is very important as it determines the way in which they are going to serve and continues. Therefore the management of family business is one of the most important factors in running the business. However management of family business is more complex compared to management of other business due to the fact that there are some emotional bonds that area attached to the running of the business. Therefore one of the challenge that family business faces is the way in which decisions are made as far as the involvement of all the family members is concerned. The management becomes more complicated easily when it comes to the issue of making succession in the business from one generation to the other and the way in which these successions are to be hanged and management. Shirley Plantation Shirley Plantation is one of the oldest family run businesses in the USA. Shirly Plantation first plantation was in 1613 and was recorded as one of the economic engine of the new world. This was after 6 years when the founder John Smith had settled in the town of Jamestown. After that the crown granted carving of Shirley Plantation out of virginer farmers. The business was well established between the period where the settlement in Jamestown was happening and the period between the American independences from Britain in 1776. For all that time it was under the leadership of one family and has been able to survive the Indian uprising, Bacons rebellion, the revolutionary war, The Civil Wars and the Great depression all which has been enabled by efficient management of the company and its resources and the way in which it has been adopting to the changing technology in the world. (Shirley Plantation, 2008a) The company is recorded as the oldest family owned business in North America which dates back to 1638. The construction of its present mansions began in 1724 when Elizabeth Hill who as the great grandfathers of the first