Thursday, October 31, 2019
Case study Neo Example | Topics and Well Written Essays - 1250 words
Neo Pets - Case Study Example How do you think Neopets can prevent its concept from becoming a fad? Most of the childrenââ¬â¢s products will last only for a short period in the particular market, thereafter they will be out of the market or in other words, they will become the fad. That is it will be a temporary trend to use a particular product. There are some childrenââ¬â¢s products like Ninja turtles and Hula Hoops which did not run for a long period. In this era, there is an increase in the number of people who are interested in playing games, particular males in the age group of around 20. So the company should consider the adults also while designing the games so that it can be there in the market for a long period. Though Neopets was started as an online gaming solution, later it started its offline operation also. (Chapter 16, Marketing globally). The company is having a business strategy, which can be changed as and when required and ensures that its products are not becoming the fad. And also the customers or the users should not get bored with the product. If so the product will soon become the fad. ââ¬Å"A lot of goods do not become the fad because they maintain their usefulness for longer periods of time, and people tend not to become bored with them.â⬠(Bergman, (n.d). It is a commonly known business fact that, the mouth-to-mouth advertisement by the satisfied customers is the best and inexpensive advertisement. Even then, the organization can test other methods of advertising. Advertising on the internet will have more response. The internet usage among the adults has increased, so the company can give advertisement about their products on the internet rather than in television. The company can also place advertisements in front of the primary and secondary schools. That will attract the students to Neopets. And also, it can conduct marketing campaigns exclusively targeting the children.Ã
Tuesday, October 29, 2019
Marketing Debate 2 Essay Example | Topics and Well Written Essays - 500 words
Marketing Debate 2 - Essay Example Their focus is to attract cost conscious shoppers, and thus they compete on price. On the other end of the spectrum there are high end stores such as Saks Fifth Avenue and Bloomingdales whose business model is not to compete on price, but rather to sell high quality, designer merchandise that focuses on the image of the consumer. Designer labels such as Ralph Lauren and Pierre Cardin are likely to be found in these stores that are associated with a higher price point and oriented toward image-based shopping. To be sure, it would generally not be possible to find these kinds of labels in discount store chains because they are priced at a point that would not be attractive to the category of shoppers that find discount retailers appealing. It would have an impact on the image of those labels if they were to associate with a store that utilizes a price-based business model as opposed to an image based model. Brand image is a crucial business asset. Any decisions made by a manufacturer that affect that image for better or worse must be carefully considered in order to avoid squandering a competitive advantage and associated profits that are tied to the brand. ââ¬Å"A strong brand image offers an organization several important strategic advantages. A brand distinguishes the goods and services of one seller from those of competitors. A powerful brand identity creates a major competitive advantage; a well recognized brand encourages repeat purchases. Thus, a brand acts as a signal to consumers regarding the source of the product and protects customers and manufacturers from ââ¬Ëme-tooââ¬â¢ products that may appear identicalâ⬠(Porter and Claycomb, par. 6). The question of whether a storeââ¬â¢s image affects a brandââ¬â¢s image works in reverse as well. The brands a store chooses to carry go a long way toward impacting the image of that store. As
Sunday, October 27, 2019
Development of the Boeing-797
Development of the Boeing-797 Boeing-797 1.0 Introduction: Boeing is the worlds largest manufacturer of commercial airplanes and military aircraft and worlds leading aerospace company. Boeing operates the space shuttle and international space station for his major client National Aeronautics and Space Administration (NASA). Customers of Boeing spread around the world more than in 90 countries. Its head quarter is in Chicago, it employs more than 157000 employees across the United States and in 70 countries. Boeing has made a commercial plane like 767, 777, and his recent successful plane 787 which create history in getting the maximum orders from the customer. Since the late 1990s, the rivalry between The Boeing Company (Boeing) and the European consortium Airbus Industries (Airbus) has been intense. Recently Airbus mounted a direct challenge to Boeings dominance in the large aircraft category (the Boeing 747 Jumbo Jet) with the development of the Airbus A380, unveiled in January 2005. Boeing has only one competitive model in the form of the 787 when compared to Airbus A 380.But after 10-12 years again the need of new plane will emerge which will compete with the rivalrys modern Aircrafts. So for the future perspective Boeing has planned to go for a plane which will start a new era of Aircrafts with its latest blended wing technology, body of composite fiber material and 1000 passengers capacity and create a bench line in the aviation industry for the next generation future aircraft. The Boeing-797 is the double Decker plane which will help the Boeing to make their position much stronger in the aviation industry and capture the largest mar ket share for Boeing. 2.0 Project Roles and Responsibilities: ÃË Stakeholders: Stakeholders are those persons who directly-indirectly influence the design of the project. They will provide project requirements and after completions they are the one who will reap the benefits of the project. Primary Stakeholders: Airlines around the world Secondary Stakeholders: Passengers, Crew of Airplane, Employees of Boeing, Government, and NASA (for its blended wing technology). ÃË Contractors and Suppliers: Supplier: The organization which supplies parts or services to another organization known as supplier Contractor: People who provide his/her services to another entity according to the term and conditions prescribed in the contract. He/She is not a permanent employee of the organization and doesnt work regularly for the company. This project would require more than 100 contractors including major contractors and sub contractors. For detailed List of suppliers and contractors please see appendix no.2 Some Major Sub contractors: Rolls-Royce or GE aircraft engines which was hired to develop engines for the plane. Green Hills Software of Santa Barbara to write the operating system for the on-board flight-control computers. Astronautics Corp. of America to built instrumentation system. LMI AEROSPACE St. Charles, Mo. LMI supplies sheet-metal parts used on the wings, fuselage, and interior. KREISLER INDUSTRIAL Elmwood Park, N.J. to make fuel lines WESTERN FILTER GROUP Valencia, Calif supplies filtration equipment for the hydraulic-control lines. Honeywell for Navigation Package, Health Management System, and Flight control electronics. Kawasaki Heavy Industries for Main Landing Gear Wheel well. Liebherr Aerospace Toulouse for Environmental Control Systems Kaiser Electro precision (Rockwell Collins) for the pilot controls (i.e. wheel, column) Mitsubishi Heavy Industries a Japanese company for the wings manufacturing ÃË Project Team: The project team is the combination of resources like analyst, designer, engineers etc. They can be part time or full time resources. Responsibility: Understand the allocated task Complete the allocated task within assigned budget, time and quality. ÃË Project Manager The Project manager is the person who is responsible for the management of the project on the day-to-day basis. He/She ensures that resources are effectively allocated to the tasks through out the life cycle of project. He/she has to manage and monitor the progress of the project against the baseline of the project. According to the PMBOK, the project manager has four major areas of responsibilities: Identify the need for the project Establish achievable objectives Maintain the balance between Scope, Time and Cost. Understand and satisfy the persons involved in a project ÃË Designer: Designer understands the business need and designs a solution which will meet the business need. His responsibility is to design model and framework with the help of required technology to achieve the optimum solution of the business need to the client. Customer: People who actually use the deliverable of the project. They help to define the business requirements. 3.0 Communication Plan: A communication plan is a document that defines: Information of what tasks need to finish. The ways in which those task can be finished. To whom the associated information will be addressed. Please see communication plan for Boeing-797 project in appendix no.5 4.0 Project Schedule: Project schedule shows the timing allocate to the work packages in the WBS and it shows the position and timing of milestones and specific events of the project (Lock, 2007) Schedule: Initiation phase 1.5 years Planning Phase 2.5 years Execution Phase 3 years Closeout Phase 1 year Total duration of the project 8 Years Milestones: Milestone is a schedule event which shows the completion of major activity in the project. There are seven major milestones establishes during the scheduling of execution phase: ÃË Milestone 1: Concept Approval. ÃË Milestone 2: Distribution of work packages. ÃË Milestone 3: Completion of Major Assembly ÃË Milestone 4: Completion of Power-On stage of aircraft. ÃË Milestone 5: Completion of Wing-break test. ÃË Milestone 6: Completion of Gauntlet test. ÃË Milestone 7: Market Launch of Aircraft. Resource Loading: Resource loading is the process to assign a task to each employee of the working on the project by project manager. For the definition of the Power-On stage, Wing Break test, Gauntlet Test please refers Appendix no. 11 and for the dependencies of activities, resource loading please refers the Gantt chart of Boeing-797 in Appendix no. 4 5.0 Budget: Budget estimation is very important measure to control the cost through out the project life cycle against the estimated cost of the project (Turner, 1999). The estimated budget for the project is 8 billion pound. Approximate 50% of the total budget around à £4 billion is allocated for the research and development of the project. The estimated budget for the Planning and Execution phase is à £2.8 billion à £1 billion respectively. And estimated budget for the closeout phase is à £.2 billon. For the allocation of the budget during execution phase please refer Appendix no.8 6.0 Issues and Challenges at each phase of the project: Issues Challenges in Initiation Phase: Concept Approval: The concept approval is a big challenge for this kind of aircraft. It involves lots of research and development and so many changes in design until the concept get approval. Financial Aid: As this project involves lots of research and development it will need a continuous flow of money for the smooth and uninterrupted completion of this phase. Copyright issues: During RD stage due to the use of highly advanced technology there is chances of copyright issues of technology imposes by another competitor organization. Issues Challenges in Planning Phase: Resource Allocation: This is one of the major tasks involved in planning stage. Allocation of resources to the task need to be very accurate and prices because project cost and speed is depend on the efficiency of the resources used in the project. Efficient Project plan: Development of an effective project plan is a major challenge for the project manager. This is the document on which project success depend. The bad project plan can cause an overrun of the project schedule and cost. Issues Challenges in Execution phase: Supply Chain: Managing a supply chain is a major challenge of this project because delay in one sub assembly or important component from supplier could cause a delay of whole project. Major Assembly: completion of major assembly on time for the first prototype is challenge. Issues Challenges in Close out phase: Market Launch: Market launch of prototype on schedule is major challenge for an organization. As the orders of the product would have already received and the customer is waiting for the product the delay in launch of product could cause a cancellation of orders and damage to the image of the organization. Decommission: Successful decommission of such a big project is a challenge for project manager because decommission of project is very important task of this phase as it involves creation of important documents like closeout reports. These reports will help in same kind of future projects for referencing. If source of referencing is not correct or accurate then it may affect the future projects. 7.0 Project Environmental Appraisal: It is the systematic and comprehensive method to review the project in terms of environment, technical, social, and economic aspect to find out whether project will meet its objectives or not. SWOT Analysis: The SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis is the analysis of factors that will the impact the effectiveness of the organization. ÃË Strengths: Highly skilled trained engineers: Boeing has highly skilled and trained engineers to work on this project. The certified and highly experienced engineers and scientist are the strength of Boeing. Strong and efficient RD teams have been delivered many big and complicated projects in the past. Employees are enthusiastic about this project: The enthusiasm of employees toward this project is big strength of this project. This project provides a platform to the engineers and scientist to learn the new technologies. Specialized Crew Training: Boeing has the highly advanced training rooms and highly skilled trainers to train the teams of this project with the latest tool and technologies. A comparatively large scale use of composites material: The uses of composite materials make this plane lighter in weight, and help in less fuel consumption. Boeing has already used composite material in its recent aircraft so they have experience of using the composite material. Advanced Design and technologies: The expertise of Boeing in latest technology like fly by wire technology and blended wing technology ensure the success of the project. Boeing has already used fly by wire technology in its recent plane 787 successfully. This plane unique design accommodates 1000passengers without much increase in shape as compared to Airbus A380. Up front involvement with airlines and engineering: This project needs strong relations with the stakeholders and customers, which Boeing already has. The Boeing understands the requirements of each airline very well and regular communication with the airlines regarding their requirements help Boeing to plan their future planes. The regular updating in engineering field is one of the strength of Boeing which helps this project to become successful. Foundation for the future aircraft designed for long journeys: With the help of this plane the Boeing will start a new era of planes in the aviation field. The designed of this plane used as a milestone for the next generation future aircrafts which travel the long journey with the less fuel consumptions at higher speed. ÃË Weakness: â⬠¢ Big capital expenditures on manufacturing facilities and Training: To train the employees on specific high end technologies for this project requires a high class infrastructure training rooms. Also require a expensive tools and machinery help in manufacturing the plane. â⬠¢ If the 797 failed, Boeing may have difficulty in obtaining money for future aircraft development: This project involves a large amount of money and the failure of this project could cause a big financial damage to the Boeing. In future project stakeholders might not get ready to invest on this kind of big projects. â⬠¢ Extensive outsourcing strategy led to major delays: The use of innovative supply chain strategy of ââ¬Å"buying more, make lessâ⬠increase a dependency on the suppliers. The delay of major sub assembly could lead to a delay in major assembly. These delays affect the planned schedule and could incur an extra cost. â⬠¢ RD prices are high: The RD cost of this project is very high. Approximate 65%-70% of the total project cost is going to use in RD phase. The research and development of new technologies and materials for this plane require large amount of time and money. â⬠¢ Matching with defined Timescale, deadlines and pressure: Delays in supply chain or any other department can cause a delay in production of plane which increases the pressure of completing the project within the specified timescale. ÃË Opportunities: â⬠¢ Projecting the airline and passengers needs: This project is the opportunity to project the airline and passengers need and filling the holes of requirement in market not met by existing planes. This project attracts the customer due to its capability of meeting the requirements or needs of the user. â⬠¢ Acquiring a long range market: By launch of this plane Boeing will able to acquire the aviation market for a long time as there is no another plane in the market which can compete with Boeings 797 plane. â⬠¢ Market poised for growth: This project boost the market growth by strengthens the place of Boeing in market. â⬠¢ Fulfill the need of change in aircraft market and get large market shares to Boeing: From a long time the need of change in aircrafts is emerging, this plane not only showing changes in its shape also in its design too. The changes can be seen in the use of technology and process used in the manufacturing of the plane. All these changes results into a unique plane which fulfill the need of customer and as there is no such kind of plane is available in the market it helps the boeing to get market shares. â⬠¢ Global influences: Influence the world with the capability of Boeing in aircraft manufacturing. This project provides a platform where Boeing has an opportunity to show his capability to build such a unique plane with the use of high end technology. ÃË Threat: Reaction of passengers of plane: Not sure how passengers would react on a plane which looks completely differently what they used to travel. It may time to adjust them with this design and understand the benefit of this design. Restriction of use at old airports: This plane face a problem of parking due to small size aircraft stands at old airports. Due to its size and requirement of modern tool and techniques for maintenance and repair this plane face problem at the old airports. Legal threat: The Legal threat from the competitors over technology or information issues is very common in such kind of big project. As sometime competitors try to slow down the speed of project or stop the project so that they can make they ready for the competition and speed up and modified their projects to compete with Boeing plane. Changes of Government policies: The changes in regulation and policies imposed by government like new environmental act, noise standards etc could lead to a delay or stop the project. Sometime change in policies and regulation also cause the change in design of the plane which incur the extra cost and time to the project. Lose of Key Staff to the competitive organization: There is a risk of lose of key staff working on the project to the competitive organization. This may slow down the project speed and progress, risk of leakage of sensitive and important information to the competitors. 8.0 Investment Appraisal for Boeing-797 NPV of this project is positive and IRR of this project is more than the standard Rate of interest or Weighted Average Capital Cost (WACC) of company. Suggestion: As the value of calculated IRR is more than the standard Rate of interest, NPV is positive and early returns of the investment shows that project is favorable and organization must take for a organizations future growth and benefit. 9.0 Procurement Plan: Procurement Plan is the document which provides information regarding the purchasing of goods and services, criteria to choose the supplier, type of contract, procedure to manage the suppliers. The Boeing procurement plan governs the purchase of the material in right quantity of right quality at right time and at right price from the right sources. All procurement actions follow the all applicable laws, regulations and contractual obligations. All suppliers and their representatives are treated fairly and impartially. For faster and effective procurement Boeing used an e-procurement technique known as Exostar. This website provides a platform for Boeing to share the information, the technology and help to maintain an effective communication with contractors and suppliers. Exostar is a online aerospace and defense trading exchange and its co-founded by Boeing with other aerospace and defense equipments leading manufacturers like BAE Systems, Lockheed Martin Corp., Raytheon Co. and Rolls Royce. Following are the important procurement steps followed by Boeing during different phase of the project life cycle: I) Initiation Phase: Requirement Step Requirement Step: In this step Boeing conducts a ââ¬Å"make vs. buyâ⬠analysis, if company decides product (equipment, services, project resources, etc.) will be purchased, then company go to the Requisition Step. Company creates a statement of work, define the product specifications (e.g. design, performance, functional), and identifies major project milestones. II) Planning Phase: Solicitation Step Solicitation Step: This step includes receipt of proposals, negotiation with vendors, evaluation of the proposals and award of contract. III) Execution Phase: Contract Administration Contract Administration: In this step company manages the contract by working closely with vendors and by regular reviews to ensure that terms, conditions and requirement of the contract are met. IV) Closeout Phase: Closeout Closeout: In this step company receive the product and verify it with the contract requirements, if it is met the requirements then accept the product or service. And company makes final payment after ensuring that there are not any outstanding invoices. 10.0 Contract Strategy: The contract strategy determines the level of integration and complexity of design, construction and ongoing maintenance of the project, and it should support the prime objectives of the project in terms of risk allocation, delivery, incentives etc. There are a number of different contract strategies, but each company has its own specified contract strategies for the specific projects because one contract and its strategy will not be able to meet with the requirement of each project. The Boeing contract strategy emphasizes on the importance of competitive bidding as they believe its a very effective business practice. Before awarding a contract they consider the ability, capability, financial status, integrity, reliability, geographical conditions and performance, quality of product offered, delivery and overall relations with the customers of the potential supplier. 11.0 Administration of Contract: The purpose of the contract administration is to ensure that supplier/contractor delivering the product or services met with the requirement of contract. There are some important steps of contract administration: Interpret the specifications. Ensure the quality of the product or service. Manage the Administrative, Budget changes and contract modification if needed. Resolve the contract disputes. Terminate the contract if supplier or contractor failed to met the requirement of the contract. Manage the risk associated with the contract. The Boeing Company administers the contract with the help of different kind of forms, which contains all the conditions and regulations help to administer the contract successfully. For e.g.: To administer the purchase contract the Boeing has a Form D1 4305 1500 (Rev. 2/96). This form consist 46 terms and condition to review and administer the purchase contract. For further information of this form please refer Appendix no. 10 II) Boeings Contract Administration Form 12.0 Supply Chain Strategy Issues: Supply chain is the entire network of different entities like organization, resources, People etc to supply the end product to the final customer. Strategy: Design and Efficiency are not the only things about this new aircraft this project contains a production supply chain strategies which make it possible for Boeing to complete this aircraft in a record time. This kind of projects requires a very effective and efficient supply chain because the slightest delay at any point in supply chain can paralyze the production of the aircraft. For Boeing this new aircraft means the revamped supply chain. Traditionally Boeing used a strategy in which it is a main manufacturer and contracting with the thousand of suppliers for individual parts and systems later when parts and supplier reached to Boeing they labouredly assemble them into finished product. But for the 787 project they had used new supply chain strategies which includes major suppliers will design build the entire sections of the aircraft and later shipped them to the Boeing for the final assembly and testing i.e. ââ¬Å"Making less, buying moreâ⬠. In this way major portion of the aircraft will actually be built by Boeings global partners. To speed up the assembly Boeing need to achieve a whole new level of collaboration with key suppliers around the word. For effective Supply chain process Boeing used a internet trading exchange tool known as Exostar. All the suppliers need to register on the Exostar and direct procurement of design and part can be done on Exostar. Exostar is an e-tool which ensures that all the partners and suppliers of the project were in close communication about every aspect of Production, logistics, and design. For effective supply chain process the visibility of updated and latest data from Boeing to the required suppliers is very important. It helps suppliers to ensure that they are adhered to the production plan. On the Exostar the supplier can view the information regarding the engineering changes, production delays, part orders and the like. Whenever there is a specific major changes in the process or design suppliers came to know about it and do the changes within specified time without incurring extra cost to the project. With the help of Exostar the Boeing can have a better control of the whole supply chain. Exostar allows a Boeing to control and limit the flow of information to the tier1 or tier 2 suppliers. The Exostar work as an ââ¬Å"Early warning systemâ⬠it warns any disruption and error in a supply chain so that Boeing knows about the potential problem in advance to head off the impacts of those problems further along the chain. E.g.: If the supplier delivered an invoice through the Exostar with wrong unit price then Exostar identify the discrepancy between invoice and purchase order and send it back to the supplier. Issues and Challenges: The supply of the major sub assemblies from the different suppliers for the major assembly of the aircraft need to arrive on time and in precise order so that plane can roll out the assembly line on the schedule. Major risk involved in the supply chain is Schedule risk. The issues like delay in one major subassembly could cause delay in the production of the aircraft and increase and change in defined schedule. Some of the major issues are as follows: Design changes of the aircraft leads to the supply chain delays. Limited engineering resources inside the Boeing. Improper communication leads ambiguity between supplier and client. It could cause delay in supply of sub assemblies or parts. Some of the major challenges are as follows: Synchronizing thousand of suppliers and deliveries to build an aircraft. Assuring safe and on time deliveries of the sub assemblies from the supplier. Benefit of this strategy: Strategy focuses on making less buying more, driving the supply-chain complexity and supplier dependency. But with this strategy Boeing set out to do something revolutionary by tapping suppliers not only for parts, components and material but also innovation. And this helps Boeing to set out the new platform to market as soon as possible. It also help to reduced the business risk by reducing its dependence on its own operations like organized the labor in the production process. Some other benefits of this strategy are as follows: Control on spending the money. Performance Incentives and Delivery reliability. Focus on partnerships- Best practices, data exchange etc. Early problem detection, to implement control measure in advance. 13.0 Type of Contract: Boeing used a FFP (Firm Fixed Price) contract and they have their own specified designed contract forms based on FFP contract type. A firm-fixed-priced contract is a type of contract which made for a price that is not subject to pay any extra cost on the basis of contractors cost experience during performing the contract. This contract type places maximum risk to the contractor and full responsibility for all costs resulting profit or loss. It provides maximum incentive for the contractor to control the costs and perform the task effectively and imposes a minimum administrative burden upon contracting parties. 14.0 Type of Contract Form: Boeing does not have any traditional contract form. Boeing has different specified contract form, each contract form especially designed according to the product or goods. For procurement of goods or services for defense helicopter or for commercial plane they have different contract forms. Each contract form varies according to their product or services but all the contract forms are based on the prime contract i.e. ââ¬Å"FFP Contractâ⬠. There is a sample contract form of Boeing is attached in Appendix no. 10, I) Boeings Procurement Contract Form for further information. 15.0 Legal Issues: Following Legal issues might arise during this project: à · Financial: The financial laws of any business are many in number and they varied from location to location. There are always new rules, regulation and taxes are imposes by government and they are changing regularly so its necessary for us to keep update with the latest tax laws and other financial regulation. This project involves large amount of money so its necessary for the Boeing to follow all the financial laws to protect themselves from any financial laws infringement which can cause an extra cost to the project. à · Contractual: This is the most common legal issue in any business. In this project where the suppliers and contractors are more than hundred in numbers the legal issues are very common. To minimize these issues it is necessary for both the parties involved in contract should read and understand the contract properly. * Advertising: Advertisings legal issues arise when a company says pretty much anything they want to in advertising to sell their product. These legal issues arise generally in small business where the product is small and cheap, and then it is easy to fool the public. But its not easy to do in the big projects like making of aircraft for the world renowned company because the big product like aircraft is not going to advertise on the television for the general consumers. à · Operations: The way company runs his business is one of the most important legal aspect need to be consider. Company must make sure that his business operations are governed by federal, state and local laws. In the organization there are so many laws of different department need to be considered during operation of the company or project like laws regarding human resources, tax reporting deadlines, and required insurance. The common saying ââ¬Å"better safe than sorryâ⬠definitely applies to laws that govern the business of the organization because company needs to be extra careful as competitors are always ready to pick this kind of mistake or error so that they can highlight this issue and damage the brand image of company and fail the project. 16.0 Disputes between Stake holders and Competitors: Disputes: The dispute between stake holders will arise when there is disagreement between the stakeholders regarding their personal interest or when interest of one stakeholder is opposite to another stakeholder. If the dispute between stakeholders will not solve early then it may lead to the change in projects definition, scope and objectives. Mostly dispute between stakeholders resolved by any one of the form of Alternative Dispute Resolution (ADR) method i.e. Arbitration, Mediation and Negotiation. Usage of ADR form depends on the complexity of the dispute. ââ¬Å"Litigationâ⬠is the last option for the company to solve the dispute as it involves lots of money and time. Disputes between stakeholders can be reduced and solved by following methods: Improved communication: More attention need to be given to dispute management in the organization so that it helps to increase more open relationship with the stakeholders. Stronger relationships: The relationship between stakeholders will improve with the help of effective communication between the stakeholders. The stronger relationship helps to build a better understanding between the stakeholders. Encouragement of appropriate solution: Problem and issues should identify at early stage and dealt with appropriate and most satisfactory outcome for the stakeholders. Corporate culture: The culture of the organization should be flexible and solution oriented. And the management and the employees take the responsibility to solve the problem or issue at their level. Early ide
Friday, October 25, 2019
Fraternity Gang Rape Essays -- college rape on campus sexual assault
Of 24 documented cases of alleged gang rape by college students, fraternity men perpetrated 13. The problem of group sexual assault on college campuses mainly occurs in an environment where group behavior and acceptance is important to the men involved, i.e. fraternities (Bechhofer & Parrot 144). Looking at the environment surrounding this type of group one can see what causes the prevalence of this type of assault in fraternities. Why does this violence occur within these groups and how is it handled? The dynamics involved in the fraternityââ¬â¢s system causes a ââ¬Å"group-thinkâ⬠mentality that promotes and sometimes causes group sexual assault. This group influence, along with the fraternityââ¬â¢s selection of men and their adherence to traditional sex role stereotypes reinforces myths of acceptable behavior in men and women and how these play a role concerning consequences. à à à à à Specific dynamics come into play when discussing how groups of people who might not otherwise act individually take part in sexual assaults with other members of their group. The theory of diffusion of responsibility suggests that in situations where the presence of others acting in a similar fashion diminishes the feeling of responsibility any individual feels for the harmful consequences of his or her own behaviorâ⬠(Bechhofer & Parrot ed. 147-148). With respect to fraternities, the brother feels less like his own self and more like he is just participating in something that all his ââ¬Å"brothersâ⬠are doing as well. They share the blame. A fraternity brother begins to think of the activity as something his ââ¬Å"brothersâ⬠are doing and joins in under the influence of a shared activity. Other things may play into the idea that the assailant is not acting alone and is not solely responsible for his actions. à à à à à Deindividuation is a theory of group behavior that refers to a state of loss of self-awareness, including awareness of oneââ¬â¢s beliefs, attitudes, and self-standards. This promotes group spirit. In fraternities, Alcohol is used to get group consensus by allowing an escape from oneââ¬â¢s self-consciousness. Group loyalty will also cause people in a group to deindividualize by taking on the groupââ¬â¢s identity (Bechhofer & Parrot 148). à à à à à In an environment such as a fraternity where incoming pledges are looking to be accepted by a group of men who have the power to reject them, they are ... ...3 Hirsch, Kathleen. Fraternities of fearââ¬âGang rape, male bonding, à à à à à and the silencing of women. Ms.; Vol. 1; pp. 52-6; S-O à à à à à 1990. Hummer, Robert A. and Patricia Yancey Martin. ââ¬Å"Fraternities à à à à à and Rape on Campus.â⬠Violence Against à à à à à Women the Bloody à à à à à Footprints. Ed. Pauline B. Bart and Eileen Geil Moran. à à à à à California: SAGE Publications, Inc., 1993. 114-129. Koss, Mary P.; Cleveland III, Hobart H. Commentary: Athletic à à à à à participation, fraternity membership, andà à à à à date rape: The à à à à à question remains--self-selection or different causal à à à à à processes? VIOLENCE AGAINST WOMEN,V.2, NO.2, JUNE, pp. 180-à à à à à 190; 1996. ISSN: 1077-8012 Sanday, Peggy Reeves. Fraternity gang rape: sex, brotherhood, à à à à à and privilege on campus. New York: Newà à à à à York University à à à à à Press, c1990. Sanday, Peggy Reeves Commentary: Rape-prone versus rape-free à à à à à campus cultures. VIOLENCE AGAINST WOMEN, V.2, NO.2, JUNE, à à à à à pp. 191-208; 1996. ISSN 1077-8012 Schwartz, Martin D.; Nogrady, Carol A. Fraternity membership, à à à à à rape à à à à à myths, and sexual aggression on a college campus. à à à à à VIOLENCE AGAINST WOMEN, V.2, NO.2, JUNE, pp. 148-162; 1996. à à à à à ISSN: 1077-8012
Thursday, October 24, 2019
Family Planning Methods
TOPIC: COMPARATIVE STUDY ON THE ACCEPTANCE OF MODERN FAMILY PLANNING AMONG HAUSA, YORUBA, AND IGBO IN AGEGE COMMUNITY, LAGOS STATE. ABSTRACT The study will be carry out to get a comparative study on the acceptance of modern family planning among Hausa, Yoruba, and Igboââ¬â¢s in Agege community, lagos. 150 respondents will be needed for the study, 50 respondents from each settlement. The target group for this research will be women of child bearing age. Data will be collated, analyse, by using descriptive statistics and Chi square to test for the hypothesesCHAPTER ONE 1. 0 INTRODUCTION 1. 1BACKGROUND TO THE STUDY Right from creation, multiplication of man had been as a result of reproduction. However giving birth to young ones is the term associated to this and this is for posterity being the desire of everyone. Through scientific reproductive research over the years, man has evolved knowledge of putting consideration and calculation to population by means of family planning becaus e if this is not in place, man may end up in killing and eating each other as a result of over population in the absence of sufficient resources.Family planning is the process of having children by choice and not by chance that is determining when to have children and the use of birth control and other techniques to implement such plans. Other stechniques commonly used include sexual education, prevention and management of sexually transmitted infections, preconception, counselling and management. (Etuk S. K and EKanem D. , 2003). Family planning sometimes used as a synonym for the use of birth control, most usually applied to a female-male couple who wish to limit the number of children they have and or to control the timing of pregnancy.Family planning services are defined as educational, comprehensive medical or social activities which enable individuals, including minors to determine freely the number, spacing of their children and to select the means by which this may be achiev ed (Royce R. A, 2006) There is no doubting the fact that in todayââ¬â¢s reality, raising quality children requires significant amount of resources: time, social, financial and environmental planning can help assure that resources are available else, it would be another potential additional threat to the parent and society at large.This is the essence of family planning (Paine et al, 2001) Experts have always insisted that waiting until the mother is at least 18years old before trying to have children improves maternal and child health. Also, if additional children are desired after a child is born; it is healthier for the mother and the child to wait at least 2years after the previous birth before attempting to conceive (but not more than 5years).After a miscarriage or abortion, it is healthier to wait for at least 6 months (Delano G. 1990). Osakue S. O (2010) highlighted that Nigeria being the most populous country in Africa with more than 140 million people also has a high annu al rate of population growth (3. 5%) And a high total fertility rate of 6. 0 live births per women. Additionally, the country has relatively high levels of infant mortality of 104 infant deaths per 1,000 live births.
Wednesday, October 23, 2019
Financial Outcomes Paper
Struck Japan it already did not own for $914 millionâ⬠(Derrick, 2014, Para 2). Struck acceptance of this offer can result in three potential financial outcomes; increased revenue from sales, changes in cost of goods sold, and changes in expenses. Based on Stardust's historical annual growth trends in the China/Asia markets, the most likely financial outcome of Stardust's transition to full ownership sis 15% increase in revenues. This may or may not be accompanied by with the most likely scenario of a 5% decrease in their cost of goods sold, and a 5% decrease in their expenses. Scenario AnalysisScenario analysis is about understanding what can happen when things change within a firm. Analysis will assist Struck in understanding how their buy out of their Struck Japan partnership can affect their business overall, and assist them with understanding the financial risks involved in their venture. Standard deviation of past results can assist to construct an idea of what will happen in the future, however when taking on a brand new venture unforeseen obstacles may appear. Analyzing Struck' revenue from years 201 1 through 2014, it is discovered that the standard deviation is . 45, and that the deviation in their growth percentages over the same time frame is 1. 907. These are good signs that Struck is doing well as they continue to develop new products and expand across the globe, as the standard deviation figures reflect an increase in revenue growth. Typically, scenario analysis is based on three ratings, worst-case scenario, most likely, and best-case scenario. Although it is important to understand and define other possible scenarios, improbable events should not be used because they would not result in an accurate analysis.By using extreme scenarios, such as the worst and best-case scenarios, which show the most negative and most positive, respective results, companies such as Struck can test their theories and mitigate any potential risks that they may e ncounter. Revenue Revenue analysis will help Struck understand one of the key variables that affects their business performance. Comparing current sales to previous periods provides Struck of a quick understanding of how their business is trending.Struck has seen continued growth year over year since 2011, and this positive trend provides them with insight into how well their traceries are performing. New strategies, such as growth into Japan, can be made with confidence when the business is trending positively, and previous expansions have been well received. One of the fastest growing investments for Struck is China/Asia Pacific. ââ¬Å"Struck expects to see 16 percent to 18 percent revenue growth during fiscal 2015. Excluding the Japan impact, revenue growth is expected to be consistent with the company's previous target of 10 percent plus revenue growthâ⬠(Derrick, 2014, Para 5).The financial effect of increases or decreases in revenue from sales is substantial, specially c onsidering the high volume of transactions Struck completes internationally on a daily basis. The most likely scenario for sales growth with Struck Japan buy out is 15%. The figure is based on the growth rate of Struck since 201 1, which averages at 14%. A 15% increase in sales, With cost of goods sold and expenses constant, will result in over 1. 5 billion dollars in income for 201 5, an increase of over 30% from the previous year.The best-case scenario would result in a 20% increase in sales, and nearly 60% increase in income. In the worst-case event that Struck sales drop 5%, the many would still realize a profit. Although a decrease in revenue is unlikely considering Struck continued growth, it is a possibility as political and socio-economic changes occur around the globe. Cost of goods sold The cost of goods sold is associated with the cost of any raw materials used to produce and market Struck coffee, but does not include any indirect expenses.The cost of goods sold is an imp ortant part of a businessWith full control over Struck Japan, Struck may be able to implement a number of initiatives that would work towards reducing their cost of goods sold, such as better quality control, more effective product assortment, and reduced waste. A 5% crease in will result in a nearly 1. 2 billion decrease in cost of goods sold, which will positively affect the company's gross income. A decrease in cost of goods sold may also be a challenge, depending on how Scabby has conducted their half of the business in the past.The China and Asia Pacific region of the world operates much differently than its Western counterparts, and Struck may face ethical business challenges, as it is unknown as to how Scabby partnered with suppliers and other vendors. Struck may see costs rise if they are unable to store, ship, and promote their product as effectively s they had when in partnership. Expenses Expenses normally react to relative changes in sales, however with Struck vast distr ibution channels and vendor relationships, they may be able to lower their expenses even as they expand to new regions such as Japan.Variable expenses, such as fees such as transportation, and credit card commission fees will increase as new stores pop up and consumer purchasing increases. Fixed expenses, such as employee salaries, benefits, property and income taxes, and utility costs will also increase as Struck expands, however, since they are buying out existing locations and not looking to build new ones, these expenses may not vary greatly from the previous year. Expenses such as income tax may play a significant role in Struck income as they gain more stores in Japan and the China/Asia Pacific region.Analysis has suggested that changes could be in the range of 15%, considering increases and decreases in expenses, with a Worst-case scenario of expenses increasing by 5%, to the most optimistic scenario of a 10% decrease. Expenses will primarily come in the form of costs to impr ove UAPITA, taxes, and payroll. A consideration that is not taken into account for the most likely and optimistic scenarios is that customary increase in revenue that normally accompanies and increase in expenses.Expenses such as payroll and capital improvements can be associated with company expansion and the need for more employees, assuming that expansion is a result of consumer wants and needs, which will then increase revenue. Conclusion Struck over the years have proved themselves to be an organization that thrives year after year. Just in the last decade their revenue has increased by almost 150% (Mornings, 2015). Their passion to bring a connection to everyone they see and do business with has made them into the largest roaster and retailer of specialty coffee the world has ever known. Struck, which opened its first store outside of North America in Toss's Gina district nearly 20 years ago, said it expects the deal to immediately add to its results, excluding certain items. The transactions are expected to be fully completed in the first half of calendar 2015â⬠³ (Beckmann, 2014, par a. 6). Its expanded investment with China/ Pacific-Asia and the acquisition of Struck Japan will also prove to be a success because not only do they want to expand their business, but more importantly they want to do it the right way to fulfill their mission in helping the world become a little better one neighborhood at a time.
Subscribe to:
Posts (Atom)