Monday, February 24, 2020
Vietnam Market Competitive Pricing Assignment Example | Topics and Well Written Essays - 10000 words
Vietnam Market Competitive Pricing - Assignment Example The chief executive officer represents the company in making deals with other companies. The chief operating officer is directly below the CEO. Under him, there are production and business managers who oversee the production and business wings. The division operates autonomously. Several departments branch from the production wing such as procurement and production department. The business wing has finance, quality assessment, manufacturing, and sales department. The supply chain management in the company focuses on the need to interact with customers so as to identify the gaps in the market and take the appropriate action. Its marketing strategies recognize the need for SWOT analysis and trade marketing. The company conducts promotions where it gives 10% discounts to wholesalers and also offers a promotion on special days. To keep aloof from the market trends, the company holds at least one fashion fair. Through its process, AK Underwear undergoes several challenges. The main one is lack of enough capital to conduct adequate product development. This affects the success of some products which in turn affects its revenues negatively. There are also failures in products as a result of inadequate market research. The company is not fully established in Europe and the U.S therefore unable to tap into those potential markets. In recent times, there has been a low amount of high-quality raw materials which affects the implantation of the goal to produce high-quality products. At times the raw materials are highly priced due to economic factors such as inflation. There are several recommendations that the company can consider. First, it should prioritize conducting adequate market research so as to guide its production and sales activities. It can interact with the customers to identify their preferences. It should consider raising capital through public offering its shares, approach lenders through a well-drafted business plan, or contact the government for financial help as it is already a reputable business in Vietnam.
Saturday, February 8, 2020
International business strategy - Essay Example As a direct result of this factor, businesses/organizations and entities rise or fall based upon the overall level of and effective culture that they are able to create within their respective divisions. Similarly, the external representation of culture is what impacts upon the consumers and in product/service users. As one can easily understand, and effective culture will create a positive feeling and likely generate a degree of returning consumers whereas negative aspects of culture will reduce overall sales and profitability and discourage repeat buyers of goods or services from integrating with a given company/organization within the future. As a means of understanding and defining the impact of culture plays upon a business entity, the following analysis will seek to understand the case of Shangri-La hotel group; an Asian hospitality chain that has sought to integrate its products and services into a more global market within the past several years. Firstly, due to the overall l evel of success that Shangri-La has been able to experience over the past several years, the reader/analyst can and should come to a unique understanding of the fact that the culture of this entity is ultimately a powerful positive motivator in determining the success that it has had in the past and will likely seek to continue to generate into the future. In short, it can be understood that the role of culture within Shangri-La holds a vitally important role in helping the firm to achieve the runaway success that it has within the broader markets of Asia. Before seeking to analyze the role in which culture has played in furthering and promoting the profitability and success of Shangri-La, this analysis will seek to briefly analyze and discuss some of the key cultural aspects that this author has selected to determine and define the level of service and success that of the far been realized. Although the following will not be an exhaustive list, it is the understanding of this parti cular analyst that these factors are of the utmost importance and have contributed greatly to the success and profitability that had been realized within the past several years. More importantly, as a result of a discussion and analysis of these factors, the reader can come to an understanding that in order for the firm to continue to display such a level of success and profitability, regardless of the particular market that they wish to integrate with, it is necessary for the business entity to continue to put forward these Ã¢â¬Å"best practicesÃ¢â¬ . The term Ã¢â¬Å"Shangri-LaÃ¢â¬ itself has come to mean a great many things throughout the world culture. However, the term is most basically understood as some type of ethereal paradise in which the eternal youth and happiness can be achieved. At an even more basic definition, within Asian cultures, Shangri-La means Ã¢â¬Å"eternal youth, peace, and tranquilityÃ¢â¬ . Although will not be the purpose of this brief analysis to exp lain the means by which a name brand can promote a particular identity with regards to the consumer, as well as with regards to the derivation and promotion of a particular culture, these aspects must nonetheless be appreciated. In seeking to promote this idea of a paradise and tranquil place in which weary travelers can set their worries aside and enjoy and appreciate the solace that the hotel chain
Wednesday, January 29, 2020
Cost of Goods Checkpoint Essay A multi-step income statement for a trading business highlights the fact that between 40% and 60% of revenue from sales is accounted for as the cost of goods sold. The cost of goods attributed to a companyÃ¢â¬â¢s products is expensed as the company sells these goods. There are several ways to calculate COGS but one of the more basic ways is to start with the beginning inventory for the period and add the total amount of purchases made during the period then deducting the ending inventory. (According to Kimmel, Weygandt, and Kieso), cost of goods sold is found by taking the cost of goods available for sale (beginning merchandise inventory + net purchase), less the ending merchandise inventory (p. 244). In a wholesale or retail trading business, merchandise held for resale in the normal course of business is the largest asset owned by the organization. For this reason it is vital that accurate up-to-date records be maintained when goods are acquired and inventories taken. Finished goods and or merchandise makes up cost of goods sold. There are two classifications of inventory: merchandiser or manufacturer. In a merchandiser company inventory consists of many items all different. Whereas, a manufacturer, some inventory may not be ready (Kimmel, Weygandt, Kieso, p. 282). Examples of items that make up cost of goods include; produce, clothing, electronics, items that can be resold from manufacture to a company to the customer. This means when the business acquires a finished product, the cost of the product goes into an inventory asset account. The customer will then purchase the product, finished good, the business transfers the cost of the product from the inventory asset account to the cost of goods sold expense account because the product is no longer in the businessÃ¢â¬â¢s inventory (Kimmel, Weygandt, Kieso, p. 282). References Kimmel, P. D. , Weygandt, J. J. , Kieso, D. E. (2011). Financial accounting: Tools for business decision making (6th ed. ). Retrieved from The University of Phoenix eBook Collection database
Tuesday, January 21, 2020
Child Labor The next time when you are out on your shopping trip, chances you may have support a business that exploits children. It is very disturbing and heartbreaking to learn many children are chained to looms for 12 hours a day because families need to have their child bringing home a small amount of moneys. Child labor has always been a difficult subject to address, the topic have become much more complicated and prolific. Child Labor is not an isolated problem. The phenomenon of child labor is an effect of economic discrimination. In different parts of the world, at different stages of histories, laboring of child has been a part of economic life. More than 200 million children worldwide, some are as young as 4 and 5 years old, are slaves to the production line. These unfortunate children manufacture shoes, matches, clothing, rugs and countless other products that are flooding the American market and driving hard-working Americans out of jobs. These children worked long hours, were frequently beaten, and were paid a pittance. In 1979, a study shows more than 50 million children below the age of 16 were considered child labor (United Nation labors agency data). In 1998, according to the Campaign for Labor rights that is a NGO and United Nation Labor Agency, 250 million children around the world are working in farms, factories, and household. Some human rights experts indicate that there are as many as 400 million children under the age of 15 are performing forced labor either part or full-time under unsafe work environment. Based upon the needs of the situation, there are specific areas of the world where the practice of child labor is taking place. According to the journal written by Basu, Ashagrie gat... ...beneficiaries. The hopes of hundreds of millions are a stake; thinking things through is not just good intellectual practice, it is a moral duty because child labor is a human rights issue. By encouraging more child labor in an immoral way, we are not only taking away those innocent years from them but also the rights to be educated and the rights to be free. What is more of human rights than growing up as a free person, attending school without being held in bondage? Bibliography http://www.american.edu/TED/nike.htm http://www.hrw.org/children/labor.htm http://www.saigon.com/~nike/childlabor.html http://japan.usembassy.gov/e/p/tp-2003011a6.html Ã¢â¬Å"Child Labor: Cause, Consequence and Cure with remarks on International Labor StandardsÃ¢â¬ - www.jstor.org http://econ.cudenver.edu/beckman/econ4410/basu.pdf http://slate.msn.com/id/1918
Monday, January 13, 2020
Millions of people in the developed countries have access to internet. This due to the high advancements in technological levels. High literacy levels have also contributed to the usage of internet coupled with growing needs and desire to get information. Internet is rising as AmericaÃ¢â¬Ës most important source of information. (Alao, 1999) The increased affordability of personal computing in recent years has put computers in many homes across the nation. This availability has also driven the cost of internet access down so that many households can afford to subscribe to internet services at very low costs. This along with the vast amount of quality information available on the internet has led to increased internet usage. The internet has become handy and useful to find right information at oneÃ¢â¬â¢s fingertips literally on anything from math formulas to the best way to kill oneself. (Baume, 1997) Suicide and Internet- Amount of information and How it Can Be Accessed The internet has become the invisible version of the real world where good and bad coexist. It is a small world except less strong regulations to hinder the detrimental effect of bad resources like those websites that provides encouragement for suicidal methods, and unprofessional advices on suicide. (Shaffer, 2000) It is amazing how easily one can access to more than 1,000,000 websites regarding suicide and information on how to kill oneself. Suicide is basically how a person gets encouraged to take his or her life. In simple terms, a person gets information on the easiest, fastest and may be painless methods that can be employed to kill his or herself. Internet is known to offer some advice on crude methods that can be used to kill oneself. The internet offers information as fast as possible and no one needs to know that you are intending to kill oneself. (Michel, 2000) Taking oneÃ¢â¬â¢s life is usually a personal decision and internet offers personalized assistance. This is the main reason why many people turn to it when they require information on to how to commit suicide. Information can be accessed in the privacy of ones bedroom, cybercafes, or even in the office. No one needs to find out since it is silent advice though very powerful. Another reason why many people have turned to internet to seek information on how to commit suicide is availability of cheap and efficient internet networks and connections. To access internet is no longer an expensive or a cumbersome exercise. Besides that, one is assured that the information or advice given is confidential unless, of course, you divulge it to other people. (Michel, 2000) Young children and youth are usually the most curious lot and they always want to explore and find out more about what they hear. It is through such adventures, that they access information that has to do with suicide. There are some groups of people however who commit suicide without the intention of taking away their lives. It is only that curiosity gets the better of them. They try to experiment with the advice and information they get from internet oblivious of the deadly consequences. There were some children who committed suicide after they accessed information regarding SadaamÃ¢â¬â¢s execution. This was a sad and unfortunate incident which can only be linked to cheap and available internet connections. (Etzersdorfer, 1998) Tackling the deaths which come as a result of internet connections is a challenging task. This is because there is no workable formula which has been devised so far to control the usage and internet access. Cybercafes are all over and people can always sneak in and browse some information and advice without anybodyÃ¢â¬â¢s knowledge. It is becoming increasingly difficult to control peopleÃ¢â¬â¢s lives due to the increasing demands in the modern society. (Potter, 2000) Many organizations and institutions have subscribed to internet connections including homes. It is therefore not easy to control the usage of internet since it has also contributed to growth of other social economic and cultural factors. It also important to note that, the information contained in the websites cannot be easily censored. As a matter of fact, it has not been censored therefore, the amount of information that can be found in the internet cuts across the whole world. People are actually invited to comment or even add more information regarding suicide and therefore the people have more than enough methods of committing suicide to choose from. (Potter, 2000) Effects of Internet on Suicide The effects of internet on incidences of suicide are becoming overwhelming with every passing day. The report and incidents of suicide have been reported on the television, radio and even written on papers. (Phillips, 1974) The exposure of people on such media services has proved to have negative influences on the people exposed them. It has been reported that the people who are exposed to internet area more inclined to be involved in acts of suicide. There have been overwhelming and systematic reviews published by people and they reveal the saddening truth regarding incidents of suicide. For instance there have been manuals on suicide, literature and suicide and actual reports of suicides shown on the films. Despite the evidence from all these forms of media, the extent to which internet contributes to suicides is yet to be proved. (Baume, 1997) Most suicide cases are reported especially when the victims had collected very specific information on suicide. Such stories are portrayed prominently and dramatically. Internet has also led to mob psychology because the information collected can be distributed amongst friends. Many people have been reported to have committed suicide together in a group since the information was forwarded to each and every one of them. Most of the books and journals accessed on the internet have been easily trusted and exercised. The guidelines that a re presents are properly outlined and therefore they leave no doubt in the person accessing the information. (Etzersdorfer, 1998) The information appears to be given from a professional point of view. Besides that the methods portrayed are outlined in a procedural way and the degree of efficiency is seen to be very high False Advice Due to the increased reliance of people on information available on the internet, some authors have come up with false advice on the best and efficient procedures that one must follow to effectively commit suicide. Some people have been left paralyzed and mentally retarded after attempting suicide. This has been due to failed methods which did not achieve the end goal. (Potter, 2000) The information available has also been falsified and unsuspecting individuals go ahead to use the information since they have no means of checking the facts.
Sunday, January 5, 2020
Abolitionists from the 1820-1860 found it necessary to use certain strategies to appeal to the social and political minds of Americans striving to influence the participation of the abolition movement. One of the many strategies used by American abolitionists was the use of slave narratives. This moral persuasion was a very useful tactic. The creation of these narratives helped white northerners identify with the mindset of an African American slave in the south. The narratives illustrated the experiences slaves overcame to find freedom. Another major strategy that was useful to the slavery movement was the involvement of women abolitionists. As abolitionists, they started reaching out to the public by creating petitions, letters, poems, and articles to rectify the common issue of slavery. The use of slave narratives and publications allowed abolitionists to spread the abolition cause. With these tactics in use, the abolition movement became the foundation of the search for freedom o f those who were enslaved. The ability to read and write, for slaves, was a form of freedom they could achieve themselves. Add in a slave talking about his desire to learn. This intellectual freedom allowed them to maintain relationships that were torn apart by the traditions of slavery. The exercise of reading and writing was dangerous for slaves and their teachers and it was illegal. The punishment for such a crime would be unusually cruel and severe for anyone who was caught in the act or
Saturday, December 28, 2019
Argumentative Essay On The Excerpt Self Reliance By, Shalom Orsini Ralph Waldo Emerson, a famous poet, wrote the excerpt Self Reliance in it he claims that men have lost their independent thought. Emerson argues that men have become too reliant on instruments and predetermined thought and have as a whole not developed enough deep empirical analyzation skills. The following two sentences in paragraph five gives an example of deprived thought of man by the metaphor of a coach. Ã¢â¬ËThe civilized man has built a coach, but has lost the use of his feet. He is supported on crutches, but lacks so much support of muscle.Ã¢â¬â¢ Overall Emersons idea of man being weak in analytical terms in modernity differs from another view in that man needs moreÃ¢â¬ ¦show more contentÃ¢â¬ ¦In comparison to EmersonÃ¢â¬â¢s view on manÃ¢â¬â¢s weakness the other side of the coin argues that man is not altogether at fault but those who nurture him are. Particularly this is because it is proven that a man that grows up in household that nourishes independent thought has a better chance of accomplishing this then vise versa. For instance, this can be seen in Henry Kissinger a US politician who grew up with an uncanny intellect because he was fostered as a little child to read the torah and various other books, (Kissinger by Walter Isaacson). Likewise in comparison Abraham Lincoln grew up in an environment that had disdain for knowledge (LincolnÃ¢â¬â¢s father) and in turn did not gather intelligence as fast as Kissinger, (A Self Made Man: The Political Life of Abraham Lincoln Vol 1 1809-1849 by Sidney Blumenthal). To wrap up, the view about manÃ¢â¬â¢s weakness in independent thought differs from EmersonÃ¢â¬â¢s view that man is inherently weak in thought. In contrast to Emerson there is agreement on independent thought without the use of knowledge of the world. Particularly in the first two sentences of paragraph five describes civilized man need of knowledge of the world in order to master it. Especially this is important because in general a man that practitioners a certain area of focus will have greater chance of success with more knowledge, (Benjamin Franklin An American Life, by Walter Isaacson). Instances of the previousShow MoreRelatedResistance to Civil Government: Thoreau Essay1096 Words Ã |Ã 5 PagesThe title is an important aspect that should be considered and not misinterpreted. When this essay was first published it was under the title Ã¢â¬Å"Resistance to Civil GovernmentÃ¢â¬ . The resistance in his title is later used as metaphor that compares the government to that of a machine. 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