Wednesday, October 9, 2019
Marketing Essay Example | Topics and Well Written Essays - 3000 words - 7
Marketing - Essay Example The pitchersââ¬â¢ initial proposal is a 15% company shares in exchange for the money. After a very long bargaining, two of the Dragons, Deborah and Theo together with the pitchers agreed to close the deal with 25% shares of the company in exchange for the à £200,000 investment. Coin Metrics Limited, a recently established company, supplies a wireless revenue monitoring technology specially designed for gaming machines like arcade. This machine is capable of providing a cost effective systems that will give the owners of the amusement and gaming industries the power to easily and accurately monitor the financial performance of their of their assets and gaming sites. The companyââ¬â¢s mission is to become the number 1 supplier of amusement and gaming industry data products. (Site Performance Measurement, 2007) Guardian is the product name of Coin Metrics modular wireless data capture and reporting system. The system is consists of three (3) modules namely: the Guardian WDCâ⠢, the SITE Guardian â⠢, and the NET Guardianâ⠢. The Guardian WDCâ⠢ module is made of a small electronic card powerful enough to provide a wireless data connection to the SITE Guardian PCâ⠢ application. This module has a single connection to the machine communication ports; and is connected to the BACTA data port of each gaming machines using an industry standard of 25- way connector. To ensure that all the data specifically game fault and game performance meters are permanently stored within the system, this module is designed with the features of a Bluetoothâ⠢ radio chip-set and microprocessor with a permanent FRAM memory storage. The Bluetoothâ⠢ radio enables the virtual meter data to be read by the SITE Guardian â⠢ PC application while the protocol information that is produced by the gaming machine is stored in the ââ¬Ëvirtual meterââ¬â¢ memory of this module. The Guardian Wireless Data Capture (WDC) module can
Tuesday, October 8, 2019
Why People Consider Malala Yusafzai To Be A Heroine Essay
Why People Consider Malala Yusafzai To Be A Heroine - Essay Example Malala's courage and her strong opinion towards girls' education have won her awards, medals, and fame. So far, Malala is the youngest person to win the Nobel Peace Prize. Malala was nominated for the International Children's Peace Prize by The KidsRights Foundation and she was awarded National Peace Award by the Pakistani government. Magazines and Medias also followed closely Malalaââ¬â¢s campaigns, and her profile was published in Vanity Fair Magazine. The Times Magazine also published her profile stating she was one among the most influential people at the time. Her inclusion in the media, being recognized by the government as well as magazines publishing about her passion for the girl's education contributed to Malala's heroisms. And as Merriam states, success comes because of hard work, skillful and creative political analysis. Being noted by the media gave Malala the enthusiasm to follow her instincts, which led to increased vocals on the subject of girlsââ¬â¢ education. Encouragement from her father motivated her, especially after her recovery. Malala confronted anyone who could do something to ensure this dream comes true. For example, the US convoy at the valley was not left out. Even though her campaigns increased the threat to herself and family, Malala never gave up, she even went further to take her campaigns around the world. Malala has been to Nigeria where she personally met President Goodluck Jonathan and requested him to press for action to free the 200 girls held by Boko Haram, Islamist militants.
Sunday, October 6, 2019
Basic characteristics, management and performance of Apple 02245 Essay
Basic characteristics, management and performance of Apple 02245 - Essay Example The profitability, market share, degree of competition and the growth strategy of the company will be thoroughly evaluated in this paper. The management approach and the performance of the company in the recent times are also analyzed. Apple Inc. has a unique corporate culture. It does not govern through many layers of management. The top management directly communicates with its employees. It tries to attract the employees by offering both, facilities and challenges. The enterprise is committed in maintaining an innovative and collaborative environment. It also trains its retail employees so that they can make their customers feel comfortable and also provides them scope for moving upward to the level of a manager. Thus, the enterprise attracts retail employees (Sawayda, 2011). Appleââ¬â¢s transition into a consumer electronics manufacture from a computer manufacturer was unpredictable and was successful due to the remarkable leadership skills of Steve Jobs, the companyââ¬â¢s highly skilled employees and its determined corporate culture. (A description of the organizationââ¬â¢s basic characteristics) The production function of a firm expresses the functional relationship between the quantities of outputs and inputs. It shows that to what extent the output changes with variations in input within a specified time period. The equal products curves or isoquants shows all those input combinations which are capable of producing the same output (Moschandreas, 2000). The marginal rate of technical substitution (MRTS) is the rate at which the inputs can be substituted for each other in order to maintain the same level of output. It can be expressed as the ratio of the marginal products of two factors (Moschandreas, 2000). In the short run, at least one input of the firm must be fixed while in the long run, all the inputs of the firm are variable. The total cost function of a firm comprises of the total variable costs and the total fixed
Saturday, October 5, 2019
Absenteeism within the Work Place Essay Example | Topics and Well Written Essays - 2000 words
Absenteeism within the Work Place - Essay Example Researchers as well as practitioners are also performing their part to find a remedy that can at least reduce employee absenteeism and thereby improve the productivity and savings in cost. It is known commonly that absenteeism results in cost and productivity problems, puts extra burden on other employees, and ultimately affects adversely customer satisfaction and the country's economy. It has been observed through many studies that lack of absenteeism results in better quality, lower costs, and greater productivity (Hazzard, 1990). Absenteeism is pervasive in all organization irrespective of size, type and nature. However, it is higher in manufacturing organizations. Research supports both reward and punitive mechanism of destructing absenteeism and helping organizations meet its demand to various stakeholders. The present study is an attempt to suggest some solutions to this mounting problem of workers absenteeism. The study basically aims to assess the reasons of absenteeism among the selected sample respondents from industrial background. It also attempts to understand the impact of unauthorized absenteeism on productivity and cost of production and ultimately on profit. The study takes a descriptive as well as explorative approach where in attempt is made by the researcher to describe the various factors responsible for employee absenteeism and to explore the relationship between variables.... It also covers studies and publications on remedial measures of absenteeism adopted by employers and those suggested by researchers and practitioners. As already mentioned, absenteeism is a universal phenomenon. However, it is mostly seen in the manufacturing/industrial sectors. It has been observed that employee absenteeism is higher in manufacturing organisations than in any other areas (Hazzard, 1990). It has also been understood that it is higher in union settings than in nonunion settings. Another significant study concludes that absenteeism is more common among women than men as women are more sensitive to family needs (Dunn and Youngblood, 1986). Another interesting finding is that absenteeism is high among unmarried than among married workers. The reason for the same observed is that married employees find more financial pressure than single employees and as such there is less chance of employees taking unscheduled leaves (Drago and Wooden, 1992). The studies undertaken so far to explore the reasons for/ factors responsible for employee absenteeism vary one to another. However, one common conclusion among studies across industries and countries is that employee unscheduled absenteeism should be restricted and given due importance as it will serious repercussions on productivity and profitability. Steers and Rhodes (1984) claim that employee attendance is determined by two factors, basically, (a) employee's motivation to attend, and (b) the employee's ability to attend. The first factor is concerned with the organizational factors that stimulate employees to attend for the work. These factors include cordial working
Friday, October 4, 2019
Ancient History - Rome - Tiberius and Gaius Gracchus Essay
Ancient History - Rome - Tiberius and Gaius Gracchus - Essay Example Tiberius Gracchus saw himself as the champion of the oppressed and was determined to defend their interests. His desire for re-election to the tribunal was driven by his conviction that he should continue as their spokesman and patron and was willing to use violence to defend what he conceived to be his and their rights. Scipio Nasica and his supporters treated Tiberius as a tyrant and ultimately killed him. This is not because they were opposed to the land bill but by the tactics which he employed ââ¬â ââ¬Å"the deposition of Octavius, the proposal to use Attalusââ¬â¢ legacy and the candidature for re-electionâ⬠. The difficulty with any question about Gracchusââ¬â¢ intentions is that enough evidence does not exist and we have to interpret these through reference to an overall view of Gracchusââ¬â¢ political aims and personal character. Some historians argue that the main beneficiaries, targeted by Tiberius Gracchus, were the Romans, and this was because he believe d that they would first pass the test and then vote for him ââ¬â i.e. his motivations were political. Others argue that the reason why Tiberius failed to include Italians in his programs was that he was only interested in helping Roman citizens, who could enrol in the legions. If this were so he would not have distributed land to non-Romans. For many people, Tiberius' actions no doubt suggested the possibility of a political coup, with overtones of the rise of another Tarquinius Superbus, and the only resort, in the Roman system of the time was to resort to violence.
Thursday, October 3, 2019
Proposal for Changing Themes Paper Essay Example for Free
Proposal for Changing Themes Paper Essay Questions General General Questions Prepare a 350- to 700-word proposal for the Changing Themes Paper and Presentation that includes your selected theme, possible eras, authors, and an annotated bibliography with a minimum of six outside sources. Submit your Proposal for Changing Themes Paper and Annotated Bibliography Make a commitment to your education. If you go into school thinking of it like a big party, then thats exactly what youll get out of it. And you more than likely wont last the four years. A lot of money is being spent on your education, so you need to commit yourself to your success. This file contains ENG 302 Week 3 Learning Team Assignment: Proposal for Changing Themes Paper and Annotated Bibliography General Questions General General Questions Prepare a 350- to 700-word proposal for the Changing Themes Paper and Presentation that includes your selected theme, possible eras, authors, and an annotated bibliography with a minimum of six outside sources. Submit your Proposal for Changing Themes Paper and Annotated Bibliography Make a commitment to your education. If you go into school thinking of it like a big party, then thats exactly what youll get out of it. And you more than likely wont last the four years. A lot of money is being spent on your education, so you need to commit yourself to your success. This file contains ENG 302 Week 3 Learning Team Assignment: Proposal for Changing Themes Paper and Annotated Bibliography General Questions General General Questions Prepare a 350- to 700-word proposal for the Changing Themes Paper and Presentation that includes your selected theme, possible eras, authors, and an annotated bibliography with a minimum of six outside For downloading more tutorials visit https://bitly.com/1rubnus Make a commitment to your education. If you go into school thinking of it like a big party, then thats exactly what youll get out of it. And you more than likely wont last the four years. A lot of money is being spent on your education, so you need to commit yourself to your success. General Questions General General Questions Prepare a 350- to 700-word proposal for the Changing Themes Paper and Presentation that includes your selected theme, possible eras, authors, and an annotated bibliography with a minimum of six outside sources. Submit your Proposal for Changing Themes Paper and Annotated Bibliography
How Apple Incs Strategy Is Affected After Globalization Economics Essay
How Apple Incs Strategy Is Affected After Globalization Economics Essay In this twenty first century, globalisation has an impact in every economy. World of today is considered to be united as a bunch countries with no boundaries. Raw materials from different countries are being processed in another country to manufacture goods products are being marketed in another country. It is the modern concept of the globalisation. A company goes international for so many reasons like, small domestic market, adverse government policy in home country, high demand of the product in foreign market etc. FDI across the globe had a fixed upswing with a sharp growth in the second quarter of 2008. Even it was not affected so much by financial crisis during recession in 2008. FDI is mainly originated from the advanced economy like USA.[ Peter Dicken] In this essay we have chosen famous electronic gadget manufacturer APPLE as our company, which is mainly based in USA, has expanded its production unit in EUROPE and ASIA. It is manly famous for introduction of a new age in mobile phone industry by brining iPHONE MACBOOK in pc section. Recently they have launched iPAD in the market which turn to be a great success. How their strategy has been affected when they go global by the main three factors (1.Technology.2.geography.3.goverment policies ) has been described below. TECHNOLOGY: For a product to become more acceptable by quality, implied technology of production plays an important role. Foreign direct investment prospects can be propelled to a new level if the quality of production can be retained in a cost effective manner. Hence, investment opportunity of a country is significantly influenced by its internal development, technology and growth. These intrinsic developments are always in the lamplight of MNCs and are effectively made use by them. Apple has met its investment prospects in China as this country maintains the unique work quality in assembling the inputs for final production. As a part of corporate global strategy, company has given outsourcing more importance at the same time imparting mandate high control over product integrity. When apple produce iPods in China, it is not produced in a factory owned by Apple. It is been contracted with third party to produce IPods with the specifications Apple provides. Moreover from outsourcing, Apple is sourcing quality products for assemblage from foreign countries and some even from China itself by fragmenting its supply chain very effectively. The standard of factors of production is set to meet the requirements set by Apple Inc. If the company is not successful in monitoring the strategy which is being implemented in a country, it will eventually destroy companys reputation. The subtle implementation of internationalisation strategy is been spawned in such a way that Apple products are leveraged to its maximum utility. For leveraging the products to its maximum levels, sophisticated research and development is being carried out through international investments and intrinsic ground-breaking technologies. Trade theory gives light by how much proportions the various factors of inputs needed at each stage of a production process, together with various inputs at comparative costs, influencing the investment proposal. As technology is one of the important input of production, while framing up an international strategy it has to be dealt well while investing in a foreign country. The comparative cost of the technology brought forth for production is very significant as it contributes to the international pricing strategy. The quality technology which is been generated in China holds cost advantage when it is compared to the same technology implemented in US. Advanced technology is pioneer to production of any innovative products but this technology has to be accessed in a cost effective manner to produce competitively priced product. Skilled labour is another requisite which should be considered in quality production. High cost of labour in United States of America can be a down beating fa ctor in home country which can be eliminated through foreign direct investment. Hence, advantage is been derived in the host country in terms of technology implementation through skilled labour force at low cost. Apple Incs business establishment in China is a subtle example for their tactical part in internationalisation strategy. GEOGRAPHY: The geographical dispersion means that companys activities are not concentrated to a single country rather it is dispersed between different countries. The production in foreign country can be commenced in two ways namely Merges acquisition and Greenfield investment. Greenfield investment means setting up a new plant and physical assets in the foreign country whereas Merges acquisition means merging with a foreign firm or buying existing assets in a foreign country. The cost of geographical dispersion can be of three types which is firm level, plant level and the economies of integration foregone. Almost 54% companys geographical market place is situated in United States. Final assembly of companys product is mainly done in Ireland by external vendors in California, Texas, China, Korea, etc. Manufacturing supply of many critical components is executed by sole sourced third party vendors from Taiwan, Germany, US, Germany, Korea, Netherlands etc. But main assembly part is done in China by sole sourced third party vendors. That means its production input has been divided into sub category situated in different countries. So it is an example of centralized vertical Foreign Direct investment by apple where its headquartering is situated in US. The benefit of geographical dispersion for the company is that, it is able to reduce the cost of primary input as the price for inputs varies in different locations. It also helps the company to lower operating cost and reduces the companys direct control over the production and distribution. This also helps in lowering the trade cost and enables it to capture the markets. For example, the investment decision to manufacture the products from China helps the company to have a better control over the Asian markets. Also the cost incurred in exporting the products from United States to Asian market is much lower when it is from China. The firm also enjoys economies of scale as the cost of production is less due the dispersion and the company is able to employ skilled and cheap labor. In spite of its benefits, its uncertain what negative effects will this have on the company. The diminished operational control may have an effect on the quality of the products or services or its flexibility to respond to changes. This may adversely affect the reputation of the company. Another problem is that, if the manufacturing or providing logistical services in the other country is disturbed for any causes like natural disaster, war, political issues, public health, failure in information technology system, financial crises may materially affect the companys financial condition and operation. GOVERNMENT POLICIES: The vertical foreign direct investment strategy of Apple is advantageously and manifestly framed up by the influence of political environment or trade policies that operate within the country. The supply chain is fragmented and for assemblage, the Apples input commodities are sourced from special enterprise zones of China where much of import duties and taxes are waived. The government trade policy influences the intricate supply chain management and outsourcing of the company. Apple being an American multinational propels a strategy that insulates itself from foreign exchange risks. The price the company has to pay for a specific input item in a specific country is influenced by the exchange rates of currencies at the time. The company exhibits a pattern of a good net receiver of currencies except the American dollar. As the US dollars gains strength, it will negatively affect the Apples net sales and gross margin articulated in American dollars. Financial innovations are spawned by the international financial flows. The financial innovations are greatly influenced by the monetary and fiscal policy of a government. This level of influence determines the stability of economic performance. As US government tends to maintain very low interest rates to support the demand for housing and promoting the revival of building industry, international capital flows are possible. It may result in more capital outflows and a weaker dollar. An immediate effect can be not iced in the US output as a result of more US exports. Thus for Apple, weaker dollar gives more euro earning and allows it to state an elevated profit rate to it stakeholders. [Linden 2008] Many financial innovations are spawned out from the introduction of capital flows. There is an economic significance of international financial instruments like forwards or options when Apple deals with it. July 2008 Company reports stated that the Apple inc was willing to enter into forward and option dealings of foreign currencies. This also included some strategically committed transactions, the investment company possessed in foreign subsidiaries, forecasted future cash flows etc. Evidently, practice of the company was to hedge a large number of its material foreign exchange exposures for some months. [Apple inc, 2008] The progression of this model imparts light into the strategy framed up by Apple in tackling the effect of rising prices too. A developing country like China has remarkable success in controlling the inflation. Apple has a peculiar stake in China where country exhibits success in managing its economy from extreme pressures and creating higher inflation rates. Chinese central bank put forward a straight policy in framing up the exchange rates. Till July 2005, the policy upheld was to fix the rate it levied to exchange Chinese currencies for American dollars. In this context, Apple could assertively forecast the exchange rates weeks in advance. [Apple inc, 2005] Apple endeavours to do outsourcing in the country where there is minimal legal regulations as they can maximise their profits. As the operations are mainly concentrated in China, Apple Company has got relaxation from heavy tax burdens. Vertical specialisation with internalisation keeps the production cost low at the same time company benefits from low trade cost. The company is getting more and more innovative by research and development. Proper caution is taken as the economy breeds the risk of a global financial downturn that could have disastrous effect in their business. At last , after analysing the all the factors that affects companys internationalisation foreign direct investment we can conclude Apple is truly globalised . That means it has stretched its corporate arms in such a way that we can say that for Apple the difference across countries does not matter. They have fragmented their production parts across countries sell its products all most around the world just to take the benefit of the internationalisation globalised concept. Their main strategy is to take advantage from different counties favourable condition that helps their business to gain more revenue using economics of scale. As we have discussed the main reason of their expansion of business in China are cheap labour costs, higher productivity of Chinese labour output huge demand of Asian market. They also want to take benefit from the exchange rate investment friendly government policy. It is proved from their establishment of unit in China Ireland. Their well organized gl obalised business strategy has helped them to spread their products world wide almost in every country, which is much more appreciated from the point of view of internationalisation of a company. In every of their business strategy the concept of true globalised company can be visualised.[ Peter Dicken]
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