Racial Profiling And Racial Stereotyping Essay - 1959 Words

Racism and racial stereotyping are constructs that has been around since the beginning of the colonization of America. It’s a notion very prevalent yet undermined by skepticism. Many would believe that a nation such as the United States of America has progressed from such a hideous perspective, however, their existence is once again escalating. We see racial profiling and discrimination portrayed in various forms throughout our daily lives. Whether it be something simple as segregated neighborhoods or schools to things such as minorities being discriminated against during employment opportunities. It’s apparent that the barrier placed between blacks and whites is something affront yet learned racism in its entirety. There’s an underlying connection between racism and anxiety of black individuals causing them to turn to their own rather than seek sympathy from opposing races. This brief synthesis analysis will draw connections to this generalized statement aforeme ntioned to elucidate on how perspective of minorities changes over the course of their lifetimes. Racism as we know has been a reoccurring theme throughout history. The term itself means when one ethnic group or historical collectivity dominates, excludes, or seeks to eliminate another on the basis of differences that it believes are hereditary and unalterable. Since the beginning of the 17th century this great nation that we call home has placed the burden upon minorities including Native Americans, AfricanShow MoreRelatedEssay on Stereotyping and Racial Profiling522 Words   |  3 Pagespeople or situations. By stereotyping, we assume that a person or group has certain characteristics. Quite often, we develop these ideas about people who are members of groups with which we have not had firsthand contact. Stereotyping usually leads to unfair results, such as discrimination, racial profiling, and unnecessary violence, all behaviors which need to be stopped. A few years ago, while going on vacation, I witnessed one particular count of stereotyping as I passed through an airportRead MoreProfling Vs Racial Profiling848 Words   |  4 Pagespolice brutality in the criminal justice system. Cries for racial equality and social justice have been heard from across the nation. Profiling and stereotyping are generally seen as almost the same concept, but this is not the case. Specifically, criminal profiling is defined as â€Å"the act or process of extrapolating information about a person based on known traits or tendencies,† according to Merriam-Webster Dictionary. In contrast, stereotyping is defined as â€Å"an idea that is used to describe a particularRead MoreThe Pros And Cons Of Racial Profiling1046 Words   |  5 PagesSection One: A social problem in the U.S that I will be discussing is racial profiling. Racial profiling has been a method that polices use to target suspicious individuals based on the stereotypes of their race, and I believe it is an immoral tactic. I never knew what racial profiling was until I was a senior year in high school and learned how injustice it was. I was disappointed I was not aware of this procedure, because this violates an individual’s physical appearance, and in the United StatesRead MoreRacial Profiling, An Unjust Act And A Big Problem1452 Words   |  6 PagesAccording to the 11 Facts about Racial Discrimination, â€Å"The U.S. Bureau of Justice Statistics concluded that an African American male born in 2001 has a 32% chance of going to jail in his lifetime, while a Latino male has a 17% chance, and a white male only has a 6% chance† (11 Facts about Racial Discrimination 1). Racial profiling, or discriminating against a whole group of people based on their rac e, is an unjust act and a big problem in our society today. Arresting people because of how they lookRead More An Argument Against Racial Profiling Essay1129 Words   |  5 PagesI dont want to talk about whether or not racial profiling is legal. Racial profiling is not an effective law enforcement tool. -- Eric Holder, 82nd Attorney General of the United States Before any argument can be made against racial profiling, it is important to understand what racial profiling is. The American Civil Liberties Union, defines racial profiling as the discriminatory practice by law enforcement officials of targeting individuals for suspicion of crime based on the individualsRead MoreThe Minorities Vs. Entertainment War Essay882 Words   |  4 Pagesis a battle between ethnicities and the entertainment companies that is transparent to the naked eye in the 21st century, the argument I plan to use is: the media and film industries are required to portray each minority fairly without racially profiling any ethnicity but does not stay accountable to their word and actions. Throughout the generation, entertainment has been an activity which provides diversion and permits people to amuse themselves in their leisure time, provide fun, enjoyment, andRead MoreThe Minorities Vs. Entertainment War868 Words   |  4 Pagesis a battle between ethnicities and the e ntertainment companies that is transparent to the naked eye in the 21st century, the argument I plan to use is: the media and film industries are required to portray each minority fairly without racially profiling any ethnicity but turns a blind side to the current situation. Throughout the generation, entertainment has been an activity which provides diversion and permits people to amuse themselves in their leisure time, provide fun, enjoyment, and laughterRead MoreRacial Profiling By Scott Johnson945 Words   |  4 Pages According to Scott Johnson, â€Å"racial profiling is the use of race or ethnicity as grounds for suspecting someone of having committed an offense† (Scott Johnson). The United States Supreme Court has ruled that racial profiling violates the constitutional requirement that all persons should be accorded equal protection of the law. However, is this requirement defensible in public policy? It has been proven in previous research studies that racial prof iling, if applied correctly, can be a useful defensibleRead MoreRace And Ethnicity : Race866 Words   |  4 Pagesexample of racism is racial profiling, which has been significant issue that plagues our society, especially during the wake of recent events. Racial profiling involves law enforcement officials targeting certain individuals based on race or ethnicity, and not necessarily on behavior. It is essentially discrimination based on stereotypes. This practice is controversial and illegal in many regions. Racial profiling goes hand in hand with racial stereotyping. After all, racial profiling is based on stereotypicalRead MoreRacial Profiling in Canada Essay examples1300 Words   |  6 Pagesis dispute regarding what defines racial profiling. Critics ask Is it racist, or is a necessary part of law enforcement. Racial profiling is identified by Adele Cassola in her article as unjust whereas Denyse Coles argues that racial profiling is necessary and is not considered racism. According to the Ontario Human Rights Commission â€Å"Racial profiling is based on stereotypical assumptions because of one’s race, colour, ethnicity, etc.† whereas criminal profiling â€Å"relies on actual behaviour or on

My Friend Hamilton -Who I shot Essay - 6642 Words

A Historiographical Discussion of the Duel Between Aaron Burr and The duel between Aaron Burr and Alexander Hamilton holds a significant relevance in American history and should be examined within the context of early American culture and politics. The recent historiography of the incident provides us with a complex, evolving web of conflicting interpretations. Since the day of this tragic duel, contemporaries and historians have puzzled over why these two prominent American statesmen confronted each other on the Plains of Weehawken. What circumstances or events could have motivated two of the most brilliant political minds in America to endanger their lives and reputations by taking aim at each other on that dismal day?†¦show more content†¦J. Lee and Conalee Levine-Schneidman argued â€Å"it was not Burr who was the instrument, but rather Hamilton himself—or rather Hamilton’s distorted perception of Burr as his evil self† that promulgated the duel.3 This article entitled â€Å"Suicide or Murder? The Burr-Hamilton Duel,† published in a 1980 edition of the Journal of Psychohistory, represents t he first example of â€Å"psycho-history† to be discussed in this paper. The authors presented Aaron Burr as introverted and self-absorbed, a man forever compared to the saintliness of his namesake. His father was a reverend and President of the College of New Jersey and his mother was the daughter of Jonathan Edwards. Therefore, the Schneidmans argued, Burr had quite the reputation to uphold, 1 Joseph J. Ellis, â€Å"The Duel,† in Founding Brothers: The Revolutionary Generation, (New York, NY: Vintage Books, 2000), 20. 2 Ibid., 11. 3 J. Lee and Conalee Levine-Schneidman, â€Å"Suicide or Murder? The Burr-Hamilton Duel.† Journal of Psychohistory 8, no. 2 (1980), 160. writing that â€Å"throughoutShow MoreRelatedFilm Anallysis: Fast and Furious Six1835 Words   |  7 PagesI was watching Fast n’ Furious Six with my best friend. We are a part of Scotland Yard, Her Majesty’s finest men and women. I had an investigation to do, but we needed a break. The investigation was at a dead end and we needed new ideas and taking a break was the best thing we could think of. The credits had finished and the TV was a solid black My best friend looked over to me and broke the silence. â€Å"Hey, did you know that Paul Walker and Vin Diesel were best friends, in the movie and in realRead MoreWhat Makes A Superhero?1420 Words   |  6 PagesHaven t you always thought about being some kind of superhero? I’d be lying if I said I didn t because truth be told I have countless times. But let us think about it for a moment, what makes a superhero so superheroy? Is it their special powers? Secret identities? Villains they face? The image they show? Maybe it is all of these things or something else entirely. For me, being a hero is a title given to those who show their worth and are responsible for their actions. You don t need any powersRead MoreThe Main Character And Hero Of This Play By Alexander Hamilton1746 Words   |  7 Pagesthe songs from Hamilton stuck in my head since the beginning of the semester when the musical was assigned so I thought it would be of good use to take what is already so promine nt in my head and get creative with it. Hamilton is the main character and hero of this play, who is based off of Alexander Hamilton, one of America’s founding fathers. The character displays extreme confidence and enthusiasm, which can come across as arrogant or cocky to some of the other characters, who are also historicalRead MoreEast Of Eden Character Analysis963 Words   |  4 PagesTrask family and the Hamilton family. Samuel Hamilton an Irish Immigrant, father of nine, and husband to Liza Hamilton meets the Trask family when Adam Trask would need help with an irrigation system for his new farm, when he moved to the Saliana Valleys during the Homestead Act. Samuel Hamilton becomes very close with the Trask family and even birth Adam and Cathys son. After Cathy shots Adam in the shoulder and runs away from him, Samuel will help him. Along with Samuel Hamilton, Lee a chinese immigrantRead MoreAlexander Hamilton ´s Views on Government Essay571 Words   |  3 PagesAlex ander Hamilton was the architect of the federalist papers and much of the financial structure of America. He was only reluctantly admitted to the rule of the great American thinkers. His prominence as a primary nationalist and financial visionary in the post-revolutionary were truly uncovered in the middle of the twentieth century. Historical evidence points to him being Christian and saying: â€Å"I have carefully examined the evidences of the Christian religion, and if I was sitting as a juror uponRead MoreThe Consequences of the Burr and Hamiton Duel Essay example806 Words   |  4 PagesThe Burr and Hamilton duel is a major part in american history. It was a moment in history were two foes battled out their anger in each other. Though many historians wonder if Hamilton able to avoid this duel. Many people would agree that this is one thing that would not turn into a big deal if it was avoided. Today many history classes are debating â€Å"was the consequences of the the Burr vs. Hamilton duel inevitable?† Alexander was the leader of the federalists and secretary of state. Burr was aRead MoreThe Revolutionary Generation, By Joseph J. Ellis1730 Words   |  7 Pagesalong with his wife, Ellen Wilkins Ellis. In his book, the Founding Brothers: The Revolutionary Generation, Ellis surrounds his thoughts around who we consider to have been the leading, founding members of the United States of America: George Washington, John and Abigail Adams, Thomas Jefferson, Aaron Burr, James Madison, Benjamin Franklin, and Alexander Hamilton. He lists key points throughout the book of the personal and historical moments of each of their lives and how they related and influenced eachRead MoreEssay1273 Words   |  6 PagesThe whispers along with mumbles stopped, every person bringing their attention to the general as he stood from top to bottom as well as proud. â€Å"I will explain quickly what the plan of action is before I separate you. One through five-thousand, you will be going with Lafayette, bl ocking their escape from Yorktown, waiting in the Chesapeake Bay! Alexander, I believe you had something to say to our people of the colonies?† Alexander was standing at his side, nodding gratefully, his gaze piercing usRead MoreEssay on The Duel Between Aaron Burr and Alexander Hamilton1636 Words   |  7 PagesIn the battle between Aaron Burr and Alexander Hamilton was one of the most famous duels in the early 19th century. Both men were very significant political leaders of the United States. The men had clashes throughout the 1790’s which lead to a duel between the two and Alexander Hamilton lost his life. Aaron Burr was born in New Jersey in 1756. He was involved in many political events though out his life. He was the second president of Princeton, and he was the grandson of Jonathon EdwardsRead MoreJefferson vs. Hamilton: Confrontations That Shaped a Nation Essay1649 Words   |  7 PagesVirginia colony, and his mother, Jane Randolph, who held a high status within the colony as well. Due to his father’s prosperity Jefferson was afforded the absolute best in the ways of education, starting with private tutors at the age of five, then moving on to learn how to read Greek and Roman in there original text and finally taking his studies to the College of William and Mary in Williamsburg which he would say is â€Å"†¦what probably fixed the destinies of my life†¦Ã¢â‚¬  pg 5. On the other side of the spectrum

Crm at Icici Bank Free Essays

The use of Customer Relationship Management (CRM) in banking has gained importance with the aggressive strategies for customer acquisition and retention being employed by banks in today’s competitive milieu. This has resulted in the adoption of various CRM initiatives by these banks to enable them achieve their objectives. The steps that banks follow in implementing Customer Relationship Management (CRM) are: Identifying CRM initiatives with reference to the objectives to be attained (such as increased number of customers, enhanced per-customer profitability, etc. We will write a custom essay sample on Crm at Icici Bank or any similar topic only for you Order Now , Setting measurable targets for each initiative in terms of growth in profits, number of customers, etc. and Evaluating and choosing the appropriate Customer Relationship Management (CRM) package that will help the company achieve its CRM goals (a comparison of pay-offs against investments could be carried out during the evaluation exercise). Customer Relationship Management (CRM) has been deployed in retail banking. The challenges in managing customer relations in retail banking are due to the multiple products being offered and the diverse channels being used for the distribution of the products.Customer expectation from banks can be summed up as: â€Å"Any time anywhere service, personalized offers, and lower payouts†. Aggressive marketing and promotions on the part of the banks have resulted in most customers happily switching loyalties to enjoy better privileges, thereby making the task of retaining them more difficult for the banks. The use of Customer Relationship Management (CRM) in banking has been essentially done for the following purposes: Targeting customers: It is necessary for banks to identify potential customers for approaching them with suitable offers.The transactional data that is generated through customer interactions and also by taking into account the profile of the customer (such as the lifecycle stage, economic background, family commitments, etc. ) needs to be collated into one database to facilitate its proper analysis. For example, a customer interacts with the banks for savings accounts, credit cards, home loans, car loans, demat accounts, etc. the data generated through all these services needs to be integrated to enable effective targeting.After the integration is done, a profitability analysis of the customer needs to be undertaken to acquire an understanding of the profit-worthiness of the customer before targeting him with new offers. Sales reference material: A consolidated informa tion database on all products, pricing, competitor information, sales presentations, proposal templates and marketing collateral should be accessible to all the people concerned. These prove to be very helpful in Sales Force Automation (SFA) wherein the salesperson gets instantaneous access to all relevant material as and when it is required (especially when he/she is in a meeting with a client. Consistent interface with customers: The communication to customers from various departments like sales, finance, customer support, etc. should be consistent and not contradictory. Therefore, all departments should be privy to a unified view of the customer to enable a consistent approach. Removal of inconsistencies is necessary to ensure that customers are not harassed and frustrated owing to poor internal co-ordination. This is bound to enhance customer satisfaction.The contact centres used to interface with customers should ensure consistency in customer interaction, irrespective of the medium used for the interaction such as telephone, Internet, e-mail, fax, etc. Banks can use the data on customers to effectively segment the customers before targeting them. Proper analysis of all available data will enable banks to understand the needs of various customer segments and the issues that determine â€Å"value† for that segment. Accordingly, suitable campaigns can be designed to address the issues relevant for that segment and to ensure higher loyalty from these customers.When data analysis is done in the right manner, it helps in generating opportunities for crossselling and up-selling. Read More: Customer Relationship Management in the Banking Sector ICICI Bank’s CRM Initiatives ICICI Bank has to manage more than 13 million customers. The bank has over 550 branches, a network of 2025 ATMs, multiple call centres, Internet banking and mobile banking. Its customers often use multiple channels, and they are increasingly turning to electronic banking options. Business from the Internet.ATMs and other electronic channels now comprises more than 50 per cent of all transactions. In the process of making its business grow to this level, ICICI Bank has distinguished itself from other banks through its relationship with customers. The Teradata solution focuses on a Customer Relationship Management (CRM) platform. Information from various legacy and transaction systems is fed into a single enterprise called wide data warehouse. This allows the bank to generate a single view of its customers.The warehouse has the capability to integrate data from multiple sources comprising Oracle and flat files. The Behaviour Explorer enables profiling of customers and querying on various parameters. These enable the bank staff create suitable campaigns for targeting individual customers on the basis of their requirements. The logistics in the system have also led to other benefits like interactive reports, unearthing cross-selling opportunities as well as finding out about the channel usage undertaken by a segment.The data access was facilitated through the use of Cognos Power Cubes. The Benefits of CRM Customers’ usage pattern: ICICI’s CRM data warehouse integrates data from multiple sources and enables users to find out about the customer’s various transactions pertaining to savings accounts, credit cards, fixed deposits, etc. The warehouse also gives indications regarding the customer’s channel usage. New product development: Analysis at ICICI guide product development and marketing campaigns through Behaviour Explorer, whereby customer profiling can be under taken by using ad hoc queries. The products thus created take into account the customer’s needs and desires, enabling the bank to satisfy customers through better personalization and customization of services. Central data management: The initial implementation of CRM allowed ICICI to analyse its customer database, which includes information from eight separate operations systems including retail banking, bonds, fixed deposits, retail consumer loans, credit cards, custodial services, online share trading and ATM. Some Noteworthy CRM Initiatives of ICICI Bank Mobile ATMs: Customers of ICICI Bank can access their bank accounts through mobile ATMs.These ATMs are kept in vans and parked at locations that have a high traffic of bank customers such as the commercial areas in a city or upmarket residential areas ICICI Bank now provides standard ATM facilities through ATM vans. This facility has been tried at Mumbai, Chandigarh and various places in Kerala during specified timings. Bulk Deposits: The ICICI Bankâ₠¬â„¢s Bulk Deposit ATMs enable customers to deposit large amounts at one time. Unlike conventional ATMs, which are able to accept only 30 notes at a time, these ATMs allow the deposit of huge amounts. The Bulk Deposit ATM is available in Mumbai’s Vashi sector branch office of ICICI. The bulk deposit facility can be availed of by select customers who need to deposit huge amounts of cash. ICICI Bank issues a special card called the `Deposit Only Card’ to facilitate this service. This card allows for deposit transactions only. The service is further facilitated by the provision of special bags at ATMs in which a customer can put his money. After the deposit slip is filled, the bag can be inserted in the ATM.The transaction slip is then generated by the ATM as an acknowledgement of the deposit. ICICI Bank also has cash pick-up service for business customers under the business banking segment. ATMs for the visually challenged: ICICI Bank has launched ATMs with special voice-guided systems, which guide a visually challenged person to access ATMs without any help. The jack on the terminal enables headphones to be connected to it and voice commands enable the customer to transact business. Customers may choose a suitable language to get voice commands.After the language selection is done, the customer is guided to ensure that the ATM card is inserted in the right slot and thereafter, guidance is provided for entering the PIN by using the keypad. A raised button is provided on number 5 to enable users to identify the numbers easily through touch. The slot for cash collection has such raised `pips’ that enable easy identification through touch. Other Services through ATMs: Apart from the usual transactions involving the bank, some other services can also be availed of by ICICI Bank customers.These include: Prepaid mobile recharge Buying and renewing Internet packs (such as those of TATA Indicom Internet service provider and Sify). Making donations for Tirupati Tirumala Devasthanams, Nathdwara temple and Shri Mata Vaishnodevi shrine. Mutual fund transactions, and Bill payments Mobile phone as a Virtual Wallet: The mobile phone has been transformed into a virtual wallet – a new innovation in mobile commerce. On September 19, 2005, Airtel, ICICI Bank and VISA announced the launch of mChq – a revolutionary new service – which is a credit card using the mobile phone.This is the first mobile-to-mobile payment option which enables Airtel customers and ICICI Bank Visa cardholders to pay for their purchases with their Airtel Mobile phones. The service has eliminated the need for carrying physical cash for makin g a purchase and also the problems associated with the point of sale (POS) terminal since the mobile phone services as a secure POS and a payment mechanism. Social Events: ICICI Bank organized the largest domestic invitational amateur golf event for HN1 (highnet-worth individuals) customers.This nation-wide golf tournament had over one lakh high-net-worth clients of ICICI Bank’s private banking division participating in the event. Mobile Banking Benefits: Mobile banking enables the customer to avail of many facilities by just sending an SMS. These facilities, which are currently offered free of cost, are as follows: Locating ATM Locating branch Locating drop box Alert facilities like salary credit, account debit/credit, cheque bounce, etc. , and Queries on banking, cards and demat account Questions 1.Explain the initiatives take by ICICI Bank to promote Customer Relationship Management (CRM). 2. Discuss the benefits of the initiatives taken by ICICI Bank to promote Customer Relationship Management (CRM). 3. What should be the core elements of CRM that ICICI bank in your opinion should follow, besides what they are already following to make themselves a distinct bank from their competitors 4. Outsourcing CRM is one activity that most organizations follow. Is it a viable option. Give your views keeping in mind the cost involved in implementing CRM and enhancing business also.Related posts: 1. Case Study of Global Knowledge: Technology as an Effective Ingradient of Customer Relationship Management (CRM) 2. Need of Customer Relationship Management (CRM) in Banks 3. Introduction to Customer Relationship Management (CRM) 4. Customer Relationship Management in the Banking Sector 5. Case study- â€Å"Merger of HDFC Bank and Times Bank† 6. Case Study:Business Model Innovation and Customer-Driven Innovation at Dell 7. Case study- â€Å"Entry of LIC into banking: Is it a wise decision? † 8. Indian banking system: Development banks: Export-import bank of India (EXIM Bank) 9.Case Study: Supply Chain Management of Walmart 10. Case Study: Cadbury Crisis Management (Worm Controversy) Recommended Articles Actions Taken by RBI to Tackle the Accumulation of Non Performing Assets (NPA’s) in Banks Management/Resolution of NPA’s: Legal and Regulatory Regime The Impact of Rising NPA Levels in Banks Categories of Non Performing Assets (NPA’s) Customer Service Strategies in Banking Sector Role of RBI (Reserve Bank of India) in Payment Systems Electronic Cheque Payment System Development of Bank Payment Systems Classification of Bank Payement Systems Introduction to Payment Systems in Banking System How to cite Crm at Icici Bank, Papers

Application and Skill Development †Free Samples to Students

Question: Discuss about the Application and Skill Development. Answer: Introduction Coca Cola is one of the leading and most famous companies. It has a huge market and has been in the industry since 1886. Coca Cola thrives for the next ten years and beyond, they understand their forces and trends that will shape their business in the future in order to move swiftly to prepare what is coming next. Their mission is stable, permanent and durable. This declares the purpose of the company as it serves their decisions and action to make a difference and create a value for the company, to inspire peoples moments of happiness and positivity and also the main mission is refresh the world with their drink (De, 2013). There vision serves as their framework for their guides and roadmap which describes and guides every aspect of their business that they need to accomplish in order to continuing achieving, quality growth and sustainable power. They want their employees to be comfortable and give the best work and be inspired, they want to bring a portfolio of quality beverage bra nds which anticipate and satisfy peoples needs and desires. Another important vision of this company is to nurture a winning network of customers and suppliers, which together they create mutual and long-term value. They also want to maximize long-term return to shareowners while being mindful of their overall responsibilities and the company wants a fast-moving and highly effective organization. Coca Cola had a long and eminent history of marketing success. Its an old company and therefore in the past it had different sets of strategies. Its advertising is much of what has made the brand the powerhouse that it is today. However they have taken various wrong steps like introducing the New Coke, which failed badly in the market. New coke came in the market when the company decided to terminate the most popular soft drink and replace it with a formula. New coke was a huge brand failure of Coca cola brand (Lussier Achua, 2015). The competition in that time was close between Pepsi and Coca cola and even decades prior to the launch of New Coke. In the past their strategies mostly depended on their consumers and share holders as the concept of social media was not there in those times. Their strategies mainly reflected on their advertisement and billboards. However as Pepsi repositioned itself as a youth brand, this gave their older customers to Coca Cola, but Pepsis sweeter formu la became a hit. Coca learned that marketing is much more than the product itself. For instance when the advertisement of New Coke when it came on the TV it ran with an old man sitting on a park bench staring at the can in his hand, and he said they changed my Coke, it was said in clear distress, further he said I cant believe it. This strategy failed as it demoralized the new old customers. (Johnston Marshall, 2016) Earlier their strategies were to clone the rivals which went wrong, the market research was not clear, they believed in marketing is a battle of perception, not product. Current Strategies Coca cola is running in 200-plus nations and each of those nations plays an important role in their growth plan. Their main strategies is to focus on the driving the profit growth and revenue, they segment their revenue growth across the business in their varied type of market. Coca colas market primarily focuses on increasing volumes, keeping affordable beverages and strengthening the foundation of the future success (Reilly Hynan, 2014). They struck a balance between pricing and volume. Their strategy in segmentation has proved to be a hit. Another strategy of theirs is that they invest on their brands and business. At present they are focusing on investing and expanding their brand portfolio. They spend a lot on advertising media by more than $25o million, to give more impactful and stronger ads. Earlier they introduced New Coke and to an extend thy tried to copy Pepsi, but now they are more independent in their ideas like Diet Coke, Coca Cola Life and Coke Zero. Their brand stra tegy was to tell their consumers that now they have an option to choose between Coca-Cola which has calories, to move to fewer calories or no calories. By giving this choice to each individual it became refreshing ideas (Holt, 2016). Journey of Coca-Cola Strategy It is obvious by the previous report that how their strategies have changed through years and with that the growth and development of the company also increased. They became more efficient, they took steps to rebuild their growth momentum, and they invested more for better marketing and also amplified their financial flexibility. These resulted in the increment of their productivity and efficiency while reducing the costs. Overall they were able to get more than $600 million in the improvement of productivity that they used to invest further in their business and brands and also to give back their shareowner. They have simplified their company with time and strategized according to their preferences and taste, which coupled with new innovations in the supply chain and retail landscape, with empowered employees that win the marketplace. They took new steps to reshape the companys business and refocused on their core business. Today they have more than 500 brands, which include juices, juice drinks, coffee, tea sports drink, enhanced hydration and sparkling beverage (Dawar, 2013). They have introduced different typed of vending machines which also attracts the customers. This shows the growth and development of the company with its change in strategy from the past to present. To understand the growth and development of the company it is very important to analyze the companys strength, weakness, opportunities and threats. Coca Cola has an implausible brand identity. This brand name is a home name for millions around the world. The valuation of this company is around 79.2 billion dollars, this valuation includes, numerous factories, brand values and assets spread across the world. It also includes the vast global presence of the company which means the company is presented in 200 countries across the world. It also has the biggest market share. They have a strong customer loyalty and the taste of Coca cola makes it easy to identify and hard t find a substitute for their customers (DuBrin, 2015). They have the largest distribution of network which is another huge strength of theirs. There market demand is very high, has a successful distribution of network. One of the main weaknesses is their competitor Pepsi. Even though Coca Cola seems to be leading, but it could win the market completely if Pepsi was not there on their way. Another important factor is the low product diversification; Pepsi has expanded into producing snacks segments with products like Kurkure, Lays, but Coca cola is missing from that segment. People have become concerned with diabetes and obesity. Coca cola is a major carbonated drink manufacturer which can cause obesity. Opportunities Coca cola can create their own products and can diversify their present offerings. They already have their brand identity, customers and manufacturing evaluation to back this up. Coca cola is present in 200 countries, but however they could focus more on moving into developing countries which has more humid characters. These countries will welcome Coca Cola more than because of their climate condition. Coca Cola has a presence in the packed drinking water segment through Kinley, hence Coca Cola should focus on the expansion of Kinley as a brand and take up to Bisleris trust level. They should also keep a check on their supply chain as their business is hugely based on the distribution and transportation. Coca Cola needs to focus on the marketing of the product portfolio to get acceptance in the market. However Coca Cola has made several expenses to launch these products in order to increase the sale which will help revenue of Coca Cola. Coca Cola was alleged of using pesticide in their water; however the water is also becoming limited because of their climate change. Coca cola will need plenty of water in order to build their empire. Coffee chains like, Caf coffee Day, Starbucks are on the rise. These are often considered to be a competition of Coca Cola. STRENGTH Valuation of the company, Brand Equity, Huge Global Presence, Biggest Market share, Superb marketing strategies, Loyalty of the Customer, Network Distribution. WEAKNESS Competitions, Diversification of Product is low, Heath beverage absence, Management of Water OPPORTUNITY Diversification, Developing Nations, Packaged drinking Water, Improvement of Supply Chain, Lesser Selling product in the Market. THREATS Indirect Competitors, Raw Material sourcing. PESTLE Analysis Coca Cola are distributed in 200 countries. These countries have varied cultures, customs, desires and tastes. However Coca Cola has updated from before and has updated its products by producing new flavors to accommodate their customers. They have more that $80 billion worth equity. However people are looking for healthy drinks these days but Coca Cola is taking minimum efforts to move in that direction. Coca cola distributes the majority of its products in good cultured countries. Therefore they meet the demands of these customers, for instance in Japan they created 30 alternatives flavors to attract the Japanese consumers. They are making similar efforts in China. However in America they are more focused on their health, therefore there replacing sugary drinks for waters and teas as these drinks are better for their health. In the figure below, the amount of coca cola consumed in the US has experienced a firm decline in the past 15 years. Machinery has helped Coca Cola to manufacture better and higher quantity of products. Coca Cola has its factories in Britain with top machineries that ensure fast delivery and the development of quality of product. With the change in the society, the social media also plays a huge role in the growth of Coca Cola. It helps the company to connect better with its audience and introducing picture of the bottles with their mane on it. The pictures are given on all the social media sites like, Facebook, Instagram and many more. Coca Cola holds all its rights related to their business, including future and past developed products with a original process. Environmental Factors Water is dominant factor for Coca Cola and it cannot function without it, in that case if the climate changes then the company will face a huge loss. Though this will also hamper their competitors as well, but because Coca Cola is a soft drinks company, with the accessibility of water, the company will suffer a huge loss. Coca Cola has to adhere to environmental laws as they manufacture their products (Coleman, 2013). Therefore they depend a lot on environment. They also take advantage of the places that has humid climate as people prefer cold drinks in order to cool down. Coca Cola has a very effective leadership and there can be no replacement for their strategic thinking and relentless and tireless execution. They have transformational leadership, as there can be no alternative for retaining and attracting the best people to lead and create a dynamic environment for them. Nothing can be more effective than transforming leadership, as it changes as per the necessity of the organization as well as the change in the society and the needs of the consumer and the stakeholders. Coca Cola has achieved this by formulating a clear and compelling vision, by getting their system aligned behind it b y continuously executing and communicating with the outer words. Their employees are enthusiast in nature and has worked very hard to help the company to reach the position where it now. This leadership has helped the company to harness new wealth, new beverage requirements and new innovations to accelerate growth and create the worlds most respected consumer goods system. This new wave and adapting new techniques and innovation has helped the company to grow, therefore this leadership has helped the companys employ to align behind the vision of the companys growth (Ayub, Muhammad Hanan, 2013). Conclusion The Coca Cola Company has come a long way with the above mentioned strategies, vision, mission and analysis. The company has proved its standard and has developed a close leadership with its franchisees based on the mutual concern of equality. This report will help to analyze the position of the companies and will help to measure the exact growth of the company. References Albert, P. J., Werhane, P., Rolph, T. (2014). Introduction. InGlobal Poverty Alleviation: A Case Book(pp. 1-11). Springer Netherlands. Ayub, A., Adeel, R., Muhammad, S. A., Hanan, I. (2013). A conceptual framework on evaluating SWOT analysis as the mediator in strategic marketing planning through marketing intelligence.European Journal of Business and Social Sciences,2(1), 91-98. Coleman, J. (2013). Six components of a great corporate culture.Harvard Business Review,5(6), 2013. Dawar, N. (2013). When marketing is strategy.Harvard business review,91(12), 100-108. De Mooij, M. (2013).Global marketing and advertising: Understanding cultural paradoxes. Sage Publications. De Mooij, M. (2013).Global marketing and advertising: Understanding cultural paradoxes. Sage Publications. Doh, J. P., Quigley, N. R. (2014). Responsible leadership and stakeholder management: Influence pathways and organizational outcomes.The Academy of Management Perspectives,28(3), 255-274. DuBrin, A. J. (2015).Leadership: Research findings, practice, and skills. Nelson Education. Grant, R. M. (2016).Contemporary Strategy Analysis Text Only. John Wiley Sons. Holt, D. (2016). Branding in the age of social media.Harvard business review,94(3), 40-50. Johnston, M. W., Marshall, G. W. (2016).Sales force management: Leadership, innovation, technology. Routledge. Johnston, M. W., Marshall, G. W. (2016).Sales force management: Leadership, innovation, technology. Routledge. Ling, X. (2017). Customer Relationship Management: Case study Coca-Cola Company. Luippold, G., Rummel, C., Storti, T. (2014).U.S. Patent No. D709,722. Washington, DC: U.S. Patent and Trademark Office. Lussier, R. N., Achua, C. F. (2015).Leadership: Theory, application, skill development. Nelson Education. Moodie, R., Stuckler, D., Monteiro, C., Sheron, N., Neal, B., Thamarangsi, T. Lancet NCD Action Group. (2013). Profits and pandemics: prevention of harmful effects of tobacco, alcohol, and ultra-processed food and drink industries.The Lancet,381(9867), 670-679. Northouse, P. G. (2017).Introduction to leadership: Concepts and practice. Sage Publications. Reilly, A. H., Hynan, K. A. (2014). Corporate communication, sustainability, and social media: It's not easy (really) being green.Business horizons,57(6), 747-758. Van den Driest, F., Weed, K. (2014). The ultimate marketing machine.Harvard Business Review,92, 54-63. Williams, C. (2015).Effective management. Cengage Learning.

Summary of Gey lUv Essay Example

Summary of Gey lUv Essay De Adios Summary Mike was first known by Bennie in a party of media companies. Then they had a project in Gambles; then two became close too each other. Once in a while they drink, they watch movies and Just eat together outside, after office hours. One time, while in the bar, Bennie told Mike that he loves him. They did not talk about all night after that. It hurts to be rejected. Especially if you began as friends. Been unfortunate in love, and now youre feeling guilty because you have Just betrayed a dear friend and destroyed a beautiful friendship. Bennie is a kind of bitchy-bitchy gay, because he does not want to get hurt again. This is also the reason why he was afraid to have commitment to any other guy, again By the time Mike and Bennie are really close, Mike and Carrie Just separated recently. They decided to live together in the same house (Beanies apartment) to better understand what they really want to happen with their relationship. Vulcan native writer named Honoring Bartholomew De Adios. He was earlier opened into the world of homosexuality. He studied in a seminary where he realized what he would do with his life. We will write a custom essay sample on Summary of Gey lUv specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Summary of Gey lUv specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Summary of Gey lUv specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Thus, he begins the search of his true identity. He went through many difficulties but he tried to continue his Journey towards deeper conception to homosexuality and its place In our society. He demonstrated to his works, the life faced by gay In the Judgmental, exploitative, and patriarchal society that we have. -Bennie (Galley). Mike a major character. The author of the story (Honor Bartholomew De DOLS). He is a Journalist who volunteered In covering the news on the Met. Punctuation explosion aftermath. He Is also one of the focal characters of the story. He liked Bennie ever nice and kept It only by himself. He cannot tell whether he Is gay or not because of his admiration to Bennie. 2. Bennie a major character and a focal character as well. A project officer of an MONGO. He Is a blotchy, blotchy admitted gay who fell In love with Mike secretly and he was the first one to confess after their deep friendship. 3. Joana a minor character. Beanies officemate who was always bugging Mike because of her Interest In his life. 4. Carpi -a minor character. Mikes last girlfriend for two years (now, ex-gladdener) who was also working with them In the Met. Punctuation scenario. She was Introduced to Bennie and she looked more beautiful than Carpi Martin. Bennie was doubtful of Mike not yet having gotten over Carpi. Summary of Gee II-JP By consanguineous his Journey towards deeper conception to homosexuality and its place in our society. He demonstrated to his works, the life faced by gay in the Judgmental, exploitative, 1 . Mike a major character. The author of the story (Honoring Bartholomew De Adios). He is a Journalist who volunteered in covering the news on the Met. Punctuation explosion aftermath. He is also one of the focal characters of the story. He liked Bennie ever since and kept it only by himself. He cannot tell whether he is gay or not because of his admiration to Bennie. 2. Bennie a major character and a focal character as well. A project officer of an MONGO. He is a bitchy, bitchy admitted gay who fell in love with interest in his life. 4. Carpi a minor character. Mikes last girlfriend for two years (now, ex-girlfriend) who was also working with them in the Met. Punctuation scenario. She was introduced to Bennie and she looked more beautiful than Carpi Martin. Bennie

Knowledge and Learning Essays

Knowledge and Learning Essays Knowledge and Learning Essay Knowledge and Learning Essay There are different educational theories and practices describing how students gain knowledge (McAskill, Holmes, Francis-Pelton, Watt, 2004). According to MacAskill, Holmes, Francis-Pelton and Watt (2004) These theories fall roughly into two conceptual categories - the acquisitionist group and the participationist group. The acquisitionist group view learning and knowledge as a cognitive approach that uses cognitive schemes, models, concept images, or misconceptions while the participationist group view learning as an activity in which learners are integrated with a community of practice.In this context, the study will examine two different educational theories from each group - Pask’s Conversation Theory for the participationist group and Landa’s Algo-Heuristic Theory for the acquisitionist group. These theories are chosen because these are two of the most recent educational theories developed. But first, we need to examine the theory of knowledge (or learning) itself. According to Scott (2001) when considering what learning is and how it occurs, it is useful to recall that humans, like other biological organisms, are dynamical, self-organizing systems, surviving - and evolving - in a possibly hostile world.Humans survive by adapting and becoming informed of their environment. This is called learning. ’Learning’, as biological adaptation, happens incidentally in the context of the pursuit of current need satisfying’ goals (Scott, 2001). It is a continuous process. One cannot avoid it even the animals and insects. What is different with being a human is that we learn intentionally. Goals are set consciously and habits and skills are practiced deliberately. Maturana (1989) argues that being self-aware is knowing with oneself’ while consciousness’ is a process that evolves from knowing with another’ in consensual domains.In learning, we acquire knowledge’. To Pask, having knowledge’ is the process of knowing and coming to know. According to him, knowledge is not the storage of representations. However, different researches have different definitions of knowledge. Bloom (1956) distinguish between the concepts of knowledge, skill and value. There are also different sub-types of knowledge. Gagne, Briggs and Wager (1992) describe such sub-types as motor skills, discriminations, intellectual skills, defined concepts, concrete concepts, cognitive strategies, attitudes, problem solving, verbal information, rules and higher-order rules.Romiszowski (1984) classified knowledge in a more complex way. To him, there are four main kinds of knowledge, namely, facts, procedures, concepts and principles) and four main kinds of skill, namely, cognitive, psychomotor, reactive, interactive). These kinds have further subdivisions. Knowledge and learning can be described as process. Kolb (1984) developed a simple model of process. Figure 1 shows Kolb’s learning cycle. Figure 1. Kolbs learning cycle According to Kolb (1984), learning is a cycle. There are four stages of learning - concrete experience, reflection on that experience, abstract conceptualization and active experimentation.Abstract conceptualization is the derivation of general rules or theory construction while active experimentation refers to the construction of ways of modifying the next occurrence of the experience (Scott, 2001). The fact that recurrently pops up in discussions about the goals and objectives of education is the immense speed of developing new knowledge in a modern, information-based industrial society. Knowledge is changing so rapidly that what we learn today may become outdated and obsolete a decade, or perhaps even a few years, from now.The following question arises: If knowledge constantly changes in the course of scientific and technological development, do the cognitive mechanisms of acquiring and applying knowledge, in the process of such development, change as well? Or, to be more precise, do they change as rapidly as the knowledge being acquired by mankind? The answer is no. Experts in any field of scientific, technological or practical activity, who have already learned how to effectively acquire and apply knowledge, use essentially the same cognitive operations and process (out of some repertoire) to learn and manipulate various knowledge.These processes may be different with regard to different kinds of knowledge (for example, knowledge about facts versus knowledge about laws of nature) and/or with regard to different kinds of problems to be solved, but these processes a re the same with regard to the same kinds of knowledge and problems. Thus, while the knowledge acquired and handled may be variable, the ways - methods - of its acquisition and handling represent a constant. Because ways (mechanisms) used in acquiring and handling varying knowledge are constant, we can say that, in this sense, these mechanisms are  ¬content-independent and therefore general.

The Importance of Companys Management Assignment

The Importance of Companys Management - Assignment Example The company took a different direction after Zhang Ruimin took over as the CEO. The company is now regarded as one of the fast developing and aspiring Chinese brands in the International Market. Before Zhang came to the rescue of the company, the Haier Group had a group of undisciplined and low-skilled employees and suffered from low productivity and reduced product quality. Zhang faced difficult times while trying to rescue the company from management mayhem and financial turmoil (Lau & Han 1-2). In order to liberate the company, Zhang instituted an organizational philosophy and rules and overhauled the business strategy to establish an incentive-oriented management control system. As the company continued to grow, Zhang was proud of its growth. However, one of the hurdles facing the company was how to fine-tune its processes and structure to face transformations in the current competitive global market. In order for the company to sustain growth in the future, it needs to consider how it will motivate its workers in the future to attain high performance goals, and how it will revolutionize the management control system to adjust to the organization’s internationalization stratagems. ... However, as the organization’s operations grew, it shifted from a process to people oriented approach. This led to the implementation of OEC management system, which aroused the employee’s sense of responsibility (Lau & Han 4). This management system grouped people into small groups with different standards and targets. This required every group to ensure that it attained the targets. This made the groups repeat the processes in order to find means of improving their process the same day (Lau & Han 5). The fact that the employees were required to come up with ways on how to improve their process within the same day would have acted as a less motivating factor. Notably, most of the processes in an organization require a considerable number of hours if the process fails or does not meet the target result then the employees will have to redo the process and will spend more time and will have overworked within that day. It is imperative to note that overworking of employees is one of the factors that contribute to low levels of motivation among employees. This may make the workers feel overburdened with huge work that can make them stressed and less motivated. Therefore, it is significant to recommend an OEC management system with a longer timeline such as two days or a week, or a management system that gives few processes to be accomplished within a given time. For instance, an OEC management system that gives three tasks that can be accomplished within five days. The reward system adopted by Haier is based on the performance of each product division recorded by the product manager (Lau & Han 7). Though this seems to be an

Is there evidence that genetic variation in wild populations is caused Essay

Is there evidence that genetic variation in wild populations is caused by natural selection - Essay Example This adjustment may be structural, behavioral or functional which increases the individual’s ability to survive in the ecological niche. The process of natural selection happens through random genetic variations. The beneficial variations are carried to the progeny. Under the similar environment the process is extended to the entire population of the species in the ecological niche. The new alleles and genes are responsible for genetic variations. Mutations can create new genes and alleles. In the process of gene duplication morphology of chromosomes may undergo changes which would alter the genetic structure in the evolutionary process. Barett R.D.H. and Schluter state â€Å"Compared with new mutations, adaptation from standing genetic variation is likely to lead to faster evolution, the fixation of more alleles of small effect and the spread of more recessive alleles. There is potential to distinguish between adaptation from standing variation and that from new mutations by differences in the genomic signature of selection.† When we consider sudden alterations by way of mutation as against existing genes, where the changes were induced on account of adaptability to environment filtered for benefits with regard to survival, we can understand the concept of adaptation and natural selection in evolution in the latter case. However, it is also established that beneficial mutations create new alleles to aid an organism in its struggle for existence. Natural selection has been rather well established and reveals increase in the frequency of these alleles. An example is given with reference to Adaptation to High and Low Temperatures by E. coli.   ‘A single clone of E. coli was cultured at 37 C  (that is 37 degrees Celsius) for 2000 generations. A single clone was then extracted from this population and divided into replicates that were then cultured at either 32 C , 37

Nursing Assignment Example | Topics and Well Written Essays - 250 words

Nursing - Assignment Example But if the person with a history of chemical dependency is no longer engaging in drug use, he is protected by ADA from employment discrimination, provided he has been in recovery long enough to have become stable. This means the employee is in a long term recovery programs with long term abstinence from drug use. In the case of the employee taking patients’ medication for self-use, the first step would be to establish whether the employee is addicted. Confronting the employee to admit that he diverted the drug for his own use is the next step. Firing the employee may not be the best option here. The Human Resources department would place the employee on a medical leave of absence and help her report to a drug rehabilitation facility. On completion of the in-patient portion of the drug rehabilitation program, the Human Resources should then fire her on gross misconduct involving diversion of patient’s drugs. Under the Americans with Disability Act, drug addiction is considered a disability. But here he won’t be qualified under ADA since he is engaged in the illegal use of drugs. The legal section will be able to take over from here and handle the case if the employee decides to sue the organization. That will, however, be a futile

Supply Chain Management in Emerging Markets

Supply Chain Management in Emerging Markets Emerging markets are nations with social or business activity in the process of rapid growth and industrialization. Facing pressures to cut costs, especially labor and materials, companies have been turning to emerging markets for facility locations. As a result, the supply chains have become increasingly global and complex, creating risk at every level of product development, manufacturing, and distribution. The problem lies not with capacity, but with protection of intellectual property rights, maintaining component quality and compliance with international trade regulations. Emerging markets can bring a company closer to suppliers and raw materials, cutting transit time but breaking into new markets in countries with little experience of manufacturing the components required is the ultimate challenge for a supply chain manager. The International Financial Corporation coined the emerging market term (more specifically: Emerging Financial Markets) in 1981, to describe certain countries. The term has expanded in meaning to reflect business opportunities in countries with social or business activity in the process of: Rapid growth Industrialization In pursuit of new opportunities and lower cost operations, companies are creating complex global networks. Impact on supply chain planning and management has been significant. Increased volatility and uncertainty of supply chains require: Greater flexibility and forecasting capability Sophisticated understanding of emerging markets Ability to assess and manage both risks and opportunities A number of universities and business schools have undertaken research to study and understand various aspects of Emerging Markets. It is difficult to make a list of emerging, developing and developed markets; the best guides tend to be investment information like The Economist or market index makers (such as Morgan Stanley Capital International). FTSE Group, a provider of economic and financial data, distinguishes between various markets on the basis of their national income and the development of their market infrastructure and assigns the market status of countries on the basis of their economic size, wealth, quality of markets, depth of markets and breadth of markets. Many companies want to benefit from emerging markets sourcing but often neglect to build integrated business processes to manage the added complexity in the supply chain, and fail to connect various corporate functions in managing both short-term and long-term business needs. Integrated Supply Chain Planning Coordinating product development, supply chain and sales and marketing activities that are oceans and time zones apart has become more difficult as supply chain operations become more fragmented with continued globalization. An integrated approach to supply chain management will go a long way in overcoming the difficulties. Integrated Supply Chain Planning is the coordinated planning of activities that occur over time in order to forecast, procure, manufacture and distribute goods across the extended supply chain, from supplier to consumer. Figure 1 shows various elements of integrated supply chain planning at strategy, tactical and execution levels. Figure 1 Source: Conference Board Webcast The Endless Search for Advantage: Supply Chain in Emerging Markets, October/November 2010 Management Challenges in Emerging Markets Supply chain management in emerging markets presents a number of management challenges generally not faced in domestic markets. Table 1 lists various management challenges faced in emerging markets. These challenges have been categorized as communication, cultural, safety security, corruption, delivery, financial and quality. Category Management Challenges Communication Language differences and understanding Expertise differences and nomenclature Systems compatibility Time zone differences Cultural Timing of Holidays and needing to conduct business Understanding of cultural nuances; Level of urgency Infrastructure(roads, ports, telecom, energy availability) Safety Security Government requirements, Port safety Personal safety Personnel safety; Criminal element Fire safety and response Raw Materials Safety Corruption Patent and IP protection Bribery, insidious inside activity Law enforcement issues; Legal ramifications Suppliers who become competitors Delivery Vendor compliance; reliability vs. culture Manufacturing, transport lead-times and reliability Amount of embedded transit time Financial Foreign exchange effect on Supply Chain Mobility of plant assets Supplier stability Quality Product testing Table 1 Source: Conference Board Webcast The Endless Search for Advantage: Supply Chain in Emerging Markets, October/November 2010 Among US companies over $1 billion, 73% experienced supply chain disruptions in the last 5 years (2009 Center for Supply Chain Research). Key Risks in Managing Supply Chains in Emerging Markets Global operations, while helping to achieve cost savings and market penetration, undoubtedly are accompanied by risk. Supply chains in emerging markets, where a whole series of risks are present, are specially challenged to plan, design and implement sophisticated strategies to manage and mitigate risk. Supply chain risk is a complex equation of risks that a business encounters between raw material extraction and final product delivery. From supplier selection, to paying customs charges, to hiring or firing, supply chain managers should consider all aspects of risk while considering emerging markets. Risk is defined from a practitioners standpoint as having specific financial impact. There often exists a distinct boundary between supply chain risk and financial risk in decision making processes, yet the two will naturally impact one another. Key supply chain management risks include: Trade Risk Trade risks include regulatory compliance, specifically dealing with the export and import of goods. Trade risk factors include customs valuation, trade regulations, anti-dumping, free trade agreements and export licensing. Political Risk Political risks include political instability, religious tensions, bureaucracy and inter-state conflict. Economic Risk Inflation can adversely affect the supply chain in many ways; rising prices in fuel incur higher transportation costs, rising food prices cause labor prices to rise, and both can compound to erode the financial health of operations in emerging markets. Operational Risk Operational risks occur in the day to day execution of the business, including labor, intellectual property, supply disruptions, commodity price volatility, internal product failures, and energy costs. Geophysical Risk Supply chains are exposed to several kinds of risks. Poor infrastructure and high levels of congestion can impede distribution and natural disasters can result in significant disruptions in sourcing operations. Risk Management Considerations There are many risk management considerations when entering emerging markets. The ability to effectively manage these risks directly impacts success of supply chain strategy implementation. Some of these considerations are: Social compliance and responsibility Intellectual property management Management of multi-cultures and multinationals Internal stakeholders/clients engagement skills On schedule quality delivery Disaster recovery plans Alternative manufacturing sites Table 2 shows potential mitigation options for various risk areas. Risk Area Potential Mitigation Options Limited infrastructure, creating potential delays in moving materials / products in and out of a market. Create partnerships with Logistics providers who understand the local marketplace. Appropriate inventory investments to compensate delays. Reduced (loss) of inventory visibility to in-transit raw materials and / or finished product. Create an integrated Supply Chain management strategy that aligns partners to create inventory visibility. Invest in technology to create the required visibility. Create incentives for suppliers to meet your expectations. Significant fluctuations in demand Use technology to create baseline forecasts and adjust to local market knowledge. Appropriate inventory investments to protect against significant delays in product arriving in market. Aggressive response to market entry by your competitors. Expect a response Game potential competitive response to your entry. Take appropriate action. Understand your vulnerabilities and take require actions to mitigate. Table 2 Source: Conference Board Webcast The Endless Search for Advantage: Supply Chain in Emerging Markets, October/November 2010 Global Logistics for Strategic Advantage in Emerging Markets To leverage opportunities in emerging markets, companies must transition or expand from managing logistics in a limited number of local geographies to managing them in emerging market geographies worldwide in a very efficient, agile manner that supports the responsiveness and flexibility associated with an on-demand Business. Companies can leverage specific approaches to transforming their global logistics capabilities and better support the business goals of lower cost sourcing or fulfillment by taking advantage of emerging market jurisdictions. In transforming logistics operations, companies have gained performance benefits from a strategic focus on logistics. The capabilities developed during transformation effort enables them to realize benefits with emerging market operations. In order to address the challenges of leveraging emerging markets as a cost reducing, and eventually, a profit-boosting strategy, companies are finding that they need to develop a strategy for managing logistics that can support multiple service-level requirements. As one element of such a logistics strategy, companies need to determine how, where and to what extent the services of logistics suppliers should be engaged. There are several logistics management options to consider before entering a new or emerging market. One end of the spectrum involves developing extensive multifunction logistics talent within the company, and then managing specific tactical activities and numerous contracts with logistics suppliers that provide narrowly defined services within a specific region or country. Pitfalls include the time it takes to develop or recruit the necessary level of logistics talent and leadership and the administrative cost of managing dozens, if not hundreds, of logistics suppliers. The key to managing global logistics is to enable the companys supply chain with the capability to efficiently unplug from one location or operating scenario, and enter a new or emerging market location. This capability will be both a strategic requirement and a competitive advantage, as long as worldwide business, economic and socio-political variables remain dynamic. Enabling this strategic capability requires cross-function process design, technology integration, and subject matter expertise ranging from network optimization, logistics contract and operations management to global trade and compliance management. This level of orchestration and collaboration is very scalable when merged seamlessly with a global governance model and strategically oriented leadership. Competitive advantage can be realized as the logistic transformation can prevent rising costs and complexities from eroding the benefits of global sourcing strategy. The advantages of a strategic approach to logistics are broad and can result in a significant increase in shareholder value. In fact, managing logistics costs, service-level lead times and overall supply chain security is critical to marketplace competitiveness. Greening the Supply Chain in Emerging Markets The term Greening the Supply Chain has emerged to describe a wide variety of actions that companies are taking to achieve greater performance rigor and operational control over extended supply chains. Greening the Supply Chain initiatives in emerging markets are part of a process for implementing a sustainable development plan aimed at achieving improved environmental performance; increasing efficiencies in the use of energy, water, other natural resources or raw materials; reducing the environmental and societal impact of business operations upon local communities and globally; and expanding economic and quality of life enhancing opportunities that result from the business activities. To maximize effectiveness, Greening the Supply Chain initiatives should not exist separate from the mainstream activities of the business. Rather, they should be fully integrated with and reflect the core value proposition of the business strategy. They should yield measurable results that are part of an integrated business-sustainability plan. The business value propositions for seeking to achieve a greener supply chain in emerging markets include the following: Mitigation of business risks Reducing risks to the business from current environmental factors or responding to expectations of future controls on carbon emissions or other substances can both advance learning and increase the operational integrity of business processes across the supply chain to create business value. Reduction in costs At a time of rising costs from energy consumption and other resource and raw material inputs, companies have more direct incentives to improve the efficiencies of a variety of operating processes. Motivation of suppliers Implementation of sustainability initiatives creates an opportunity to further focus and rationalize supply chains by eliminating low performers and focusing on a fewer number of suppliers that can meet more rigorous sustainability performance criteria while meeting the needs of the marketplace. Preservation of business continuity Green supply chain initiatives that focus on energy efficiency and other aspects of sustainability can buffer business processes from such disruption while contributing to emission reductions. Market access enhancement Companies seeking to manage their demand for resources e.g. water, food supply etc. while reconciling the needs of society will obtain greater long-term control over their business strategy by combining business process innovation with solutions to societal problems. Success Factors Supply Chain Management in Emerging Markets For managing supply chains in emerging markets successfully, it is imperative that the approach taken be made an integral part of the overall corporate strategy. An opportunistic, price driven approach will capture low-hanging fruits but a structured approach will deliver results on a sustained basis. Here is a list of factors to succeed in managing supply chains in emerging markets: Developing business processes to integrate the needs of an integrated supply chain Developing a strategy to protect intellectual property and meeting the needs and expectations of customers Performing extensive due diligence while choosing suppliers Considering total cost of ownership and not just material cost Developing a business continuity plan Making logistics management in emerging markets a strategic component of the business strategy Selecting leading logistics service providers who can effectively integrate functions, processes, and business partners As companies look to mitigate supply chain risk, they should incorporate both non-economic and economic factors into their decisions. Assessing the risk, attaching a financial impact to potential disruptions, and establishing a clear strategy that addresses supply chain risk will set the parameters for selecting a location in an emerging market. Country analysis should be an ongoing process, using both up-to-date statistics and historical trends. Emerging markets sourcing aimed at cost-cutting alone is a thing of the past. Quality, efficiency and effectiveness of global sourcing operations now differentiate competitors. But, profitability is being squeezed by unprecedented cost pressures from customers with their own capabilities and suppliers facing higher costs. To succeed in emerging markets sourcing, it is imperative that the approach taken be made a core part of the overall corporate strategy. To achieve the best overall supply chain performance and success in competitive global marketplace, companies need to address capabilities of people, processes and technology areas and integrate all elements of the extended supply chain. About This Report The material in this report is based on discussions and presentations from a meeting of The Conference Board Asia-Pacific Supply Chain Council that took place in Shanghai in May 2010 and The Conference Board Webcast on The Endless Search for Advantage: Supply Chain in Emerging Markets which took place in October and November 2010. About The Author Vipin Suri is program director for The Conference Board Supply Chain Council and The Conference Board Functional Excellence and Shared Business Services Council in the Asia-Pacific region. As a management consultant in shared services for the past nine years, he has assisted several companies in Asia-Pacific and North America in reviewing the effectiveness of their business support functions and implementing shared services. Prior to becoming a management consultant in 2002, Suri was Vice president, shared business services for BHP Billiton in Australia. Prior to that he had held several senior positions in MA, customer service, network services and asset management, and shared services during his 26 years at Ontario Hydro in Canada. Suri is a doctoral degree candidate in shared services at the University of Twente in the Netherlands. About The Conference Board The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: to provide the worlds leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board creates and disseminates knowledge about management and the marketplace, conducts research, convenes conferences, makes forecasts, assesses trends, publishes information and analysis, and brings executives together to learn from one another. The Conference Board is a not-for-profit organization holding 501 (c) (3) tax-exempt status in the United States.

Antigone and Romeo and Juliet Essays -- Compare Contrast Shakespeare A

Compare/Contrast Antigone and Romeo and Juliet There are many similarities and differences between Antigone by Sophocles and Shakespeare’s Romeo and Juliet. The adults in both of the books have the difficult job of controlling the actions of the younger characters. Their decisions have a crucial effect on the outcome of the books, for the younger characters that they guide are the main figures in their stories. Antigone’s King Creon and Romeo and Juliet’s Prince Escalus and Lord Capulet share but also have unique strengths, weaknesses, leadership qualities, and crisis-managing techniques. A specific strength of Creon, the major adult character in Antigone, is his ability to make his opinions known to the entire kingdom. One example of this is the major decision that is the focus of the entire story. After Antigone’s brother, Polyneices, died in battle against his own kingdom, Creon told the citizens of the land that no one was to bury the traitor. The king felt that the strict edict was necessary because Polyneices â€Å"broke his exile to come back with fire and sword against his native city. (193)† Creon knew that a traitor to the kingdom should not be honored with the same ceremony given to one who fought for his own kingdom. The Prince in Romeo and Juliet was also very opinionated. He threatened death to both the Capulets and Montagues if there was any more fighting between the two families. He described the issue by saying that the fights had â€Å"disturbed the quiet of our streets (I,i,91).† He did not favor the fighting and declared â€Å"on pain of death all men depart (I,i,103)† to the two houses at his speech’s conclusion after the third brawl. The Prince remained assertive throughout the book, including the fourth fight... ...his child and her boyfriend more reasonably. He handled the crisis of his daughter’s death by making peace with his enemy. He decided with Montague to dedicate statues to their deceased children. This showed that he somewhat understood the cause of death and that it was somewhat his fault. He felt that he should be calm and remember the children for all that they did for stopping the feud between the two families. King Creon of Antigone and Lord Capulet and Prince Escalus of Romeo and Juliet are similar and different in strengths, weaknesses, qualities of leadership, and methods of handling crisis. They are the controlling individuals in the books, governing and leading the main characters. Their traits had a definite effect on the outcome of each book. The adult characters governed the events and influenced the actions of the other lead characters in the book.