International Operations in Singapore-Free-Samples for Students

Questions: 1.Identify a conceivably appealing objective Market for the organization's future International extension methodology. 2.Discuss your method of reasoning for the choice of your picked Market. 3.Critically examine the chances and dangers in the association's mechanical condition in your picked Market. 4.Critically break down the qualities and shortcomings in the company's Internal Environment. 5.Evaluate the different methods of section accessible to the firm and suggest with avocation dependent on the discoveries of your investigations. Answers: Presentation In the current situation, improvement of viable methodologies has gotten significant for the general achievement of a business undertaking. It tends to be expressed that organizations working at universal level needs to create procedures at customary spans so as to remain serious in the commercial center. Likewise, associations are additionally required to complete changes in their global techniques at standard stretches according to the changing large scale and miniaturized scale condition of a country. The current report depends on Tesco which is a UK based chain of supermarket, working in various nations of the world. This report clarifies the potential market which can be utilized by the chose business association for its worldwide development later on. Aside from this, the dangers and openings existing in new chose worldwide market is additionally featured in the current exploration. 1.Identification Of A Potentially Attractive Target Market With The Help Of Pestle Analysis Latvia Pestle Analysis Latvia is a nation situated in Northern Europe, all the more explicitly in the Baltic locale. Its neighbor nations are Russia, Lithuania, Estonia and Belarus. At present, Raimonds Vejonis is the leader of nation who has been chosen in the year 2015. The world of politics of Latvia is fairly steady for working together (Dobele and Pietere, 2015). Notwithstanding, it tends to be fundamentally contended that its strain with Russia has truly experienced childhood in the previous barely any years. For a brand, for example, Tesco, this strain can have extraordinary effect on by and large deals and benefit. On the opposite side of this, it tends to be clarified that Latvia is working with an open economy which is excellent for business development. The countries GDP has developed by 1.6 in the principal quarter of the year 2017 (Latvia GDP Growth Rate, 2017). A normal development pace of 4% every year can be named as a positive sign for a brand like Tesco. It will assist the organization with attracting more clients and keep up sufficient volume of deals and benefits in since a long time ago run. Latvia is additionally confronting issues connected with society and this can have sway on the activities of organization, for example, Tesco. It very well may be expressed that all kind of separation is restricted in the nation (Stivrins, Brown, Reitalu, Veski, Heinsalu, Banerjea and Elmi, 2015). Be that as it may, ladies despite everything face segregation in setting of employing and installment. This implies male competitors are being given more inclination over female applicants. The general public is additionally confronting issues related with minorities who has not gotten the resident of Latvia till date. Regarding mechanical progressions, the nation is developing at a generally excellent pace and at present there are fifteen foundations for innovative work. Sufficient help from government is gotten in new item improvement and this is a decent sign for Tesco. The lawful condition of Latvia is extremely severe and each business venture is required to hold fast to all the laws connected with work and work (Macroeconomic and Political Stability, 2017). Laborers are not permitted to surpass the day by day working hours which are eight hours per day and aggregate of 40 hours in seven days. At the hour of completing its worldwide activities in Latvia, it will be required by Tesco to hold fast to all the laws carefully. As far as ecological issues, water and air are the two significant difficulties which have been looked by the country (Reeves, McKee, Gunnell, Chang, Basu, Barr and Stuckler, 2014). Aside from this, larger part of Latvias backwoods and regular assets are getting crushed in light of corrosive downpour. Subsequently, Tesco may confront issues connected with condition in future on the off chance that it chooses to work in Latvia. Singapore Pestle Analysis Over the most recent couple of decades, stunning monetary development rate has been accomplished by Singapore. Further, there are wide scopes of components which have contributed in accomplishing such financial development. As far as world of politics, it tends to be expressed that the legislative issues in Singapore is entirely steady and this has helped numerous organizations to develop in sufficient way (Ho, 2014). For an organization like Tesco, low political hazard can be exceptionally recipient for accomplishing higher benefits in the commercial center. The nation works with an energetic and free market economy and this is a positive sign for associations. A domain which is liberated from debasement can bolster Tesco to build up itself effectively in Singaporean market. It will likewise help the association in future development and extension. Then again, social orders in Singapore are rich will social qualities and conviction. Buying intensity of individuals in the nation is likewise high and this will help Tesco to sell its items and administrations without any problem. The rate at which innovative headways are being done is likewise extremely high and this can help Tesco in working viable in Singapore. Innovation will help the brand in growing new items, communicating with individuals in the market and accomplishing further extent of consumer loyalty (Teoh, Abhishek, Lundburg and Carter, 2013). The laws identified with work, business and working hours are severe and the brand should deal with the equivalent. Any infringement parents in law will brought about influencing the brand picture and in general tasks of Tesco. Aside from this, the organization will likewise need to guarantee that its tasks and exercises won't have any negative effect on nature. The absence of water assets and expanding air contamination are significant condition issues which have been looked by Singapore (Rose, Prager, Chen, Chatterjee, Wei, Heatwole and Warren, 2017). Taiwan Pestle Analysis It can be expressed that at present the world of politics of truly steady as it has been currently take care by Koumintang Party. Besides, the part y is permitting outside organizations to enter the market and aids improvement of the economy. Regarding financial examination, the nation has performed monetarily well over the most recent couple of decades and has given satisfactory development chances to organizations (Harrison, 2013). The pace of business is almost about 4.2% and lion's share of individuals are utilized. At the hour of completing its activities in Taiwan, Tesco will be required to ensure that it clings to its social culture which is by and large affected by China. The lawful condition for working together in Taiwan is somewhat unpredictable and the brand may confront issues connected with charge and lawful customs (Smith, ed., 2014). Then again, Tesco will be additionally required to ensure that its working arrangements and practices conforms to the earth laws which has been created by the nation. Any sort of infringement in these laws may bring about making impediments for Tesco as far as working together in Taiwan. More profound examination of chose Singaporean market As per the report which has been created by intensity review, it has been broke down that the market of Singapore is considered as truly outstanding and best markets to work together. There are sufficient organizations openings present in the nation and the market is likewise known for its universal business position. It very well may be clarified that there is wide scope of components which have contributed in making Singapore a mainstream advertise for working together. For instance, the nation is situated in the center or heart of Southeast Asia and such sort of key area causes the nation to pull in worldwide ventures from the whole way across the world. A worldwide association working in Singapore has the chance to interface with in excess of 3 billion individuals just by taking a trip of barely any hours. Moreover, the foundation and fundamental courtesies in the above-chose advertise are successful to such an extent that organizations can do their everyday exercises easily. The earth gave by Singapore regarding working together is another main consideration which has brought about creation the market so well known. From the exploration completed, it has been investigated by the analyst that the strategies identified with movement are entirely adaptable in Singapore and this gives the market an upper hand over other universal nations. It isn't hard for organizations, for example, Tesco to set up stores in Singapore and extend its piece of the pie globally. The above-chose showcase is likewise having a high number of unhindered commerce understandings which will bolster organization, for example, Tesco to complete its business exercises without any problem. The clients in Singaporean market are liberal and for the most part, incline toward straight talking. This will profit Tesco as far as an understanding society of the nation and create administrations/items as indicated by the equivalent. Aside from this, the organization won't face issues connected with HR employing and enrollment in Singapore. The basis behind this is the chosen advertise is having extraordinary compared to other expert workforces in the whole world. The motivation behind why Singapore showcase is progressively appropriate when contrasted with the other two markets is that here Tesco won't require putting enormous assets as far as preparing and improvement of representative as the workforce here is as of now gifted. 2.The Rationale Behind Selecting Singapore Market For a brand like Tesco, it is exceptionally helpful to extend its activities in Singapore. There are wide scopes of components accessible in the nation and these elements can help the organization in accomplishing long haul development and gainfulness. When contrasted with different countries of th

Marketing plan Essay Example | Topics and Well Written Essays - 1500 words - 1

Showcasing plan - Essay Example It presses towards making assets that acquire it a worldwide notoriety. Haier bunch predominantly produces machines that are utilized in homes. They are made to address quality issues of clients everywhere throughout the world. Beneficiary arranges its items into four: white, earthy colored, customer arrangement business and assembling group’s gear parts. The arrangement encourages departmentation and center in the organization. The white items incorporate fridges, water radiators, clothes washers, climate control systems and kitchen apparatuses. Earthy colored items incorporate PCs, cell phones and shaded TVs. Customer arrangement business items include clinical gear, inside kitchen embellishment, incorporated kitchen, shrewd home machines and focal forced air systems. Assembling bunch hardware part incorporate electronic control combination and metal and plastic item plate creation line. To build their market, the items will have their quality expanded and produced in mechanically serious manner so as to draw in clients. In the year 2008, Haier was in order of 30% of China’s nearby electronic market of its items. The organization targets getting the piece of the overall industry to over half. The item air conditioners’ advertise around the same time was 145, path beneath that of its rival named Media and Gee that was 47%. The organization has isolated China into five segments of the market so as to empower it prevail upon the contenders. The products’ showcase over the world are reasonable, confronting rivalry from the neighborhood items. With expanded products’ quality, the deals of the items in the objective markets are relied upon to increment with up to endless supply of the showcasing plan (Stapleton 1982). Haier Group Company has its central command at Qingdao. The organization has built up 11976 assistance habitats, 56 exchanging focuses and 38000 deals workplaces the regions that it appropriates its items. They can get the items

18 Things You Can Do To Increase Blog Subscription Rate

18 Things You Can Do To Increase Blog Subscription Rate Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!18 Things You Can Do To Increase Blog Subscription RateUpdated On 23/04/2017Author : DeanTopic : Blogging FeaturedShort URL : http://hbb.me/2ozfOyF CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogThere’s a world of difference between a Blog Reader and a Blog Subscriber. Earlier we shared some basic tips to increase your subscribers count and also some reasons why you should subscribe HBB. ?? A Blog Subscriber is a loyal reader who not only reads your blog posts regularly but is also interested in being a part of it. Your subscribers form your mailing and marketing list, your basic ticket to sales furtherance strategies. Take a look at our great tips to increase your blog subscription rate phenomenally.Note: Subscribing is not only applicable for Email Newsletters and RSS, but also for other Social networks, so you can apply these things on them too.1. Devise an Efficient Content S trategyEstablish a steady content upload strategy so there’s always something fresh and interesting. Make the content fresh, light, funny, personal, valuable and meaningful. Tall order? Yes. You want subscribers? Do it.Some useful Resources:7 Essential Tips To Produce Creative Quality ContentHOW TO: Brand Your Blog With Unique Content5 Ways You Can Get Fresh Content Inspiration2. Make Your Subscription Link Highly VisibleMake sure your feed subscription button or link is highly visible on every page. Make that you include a subscription link with each post, in your email signature and in your guest posts and comments.3. Provide a Call To ActionSometimes you’ve got to tell people to take action, or else most of them just won’t bother. Put out a call to action, something aggressive yet humorous, like, “We know you loved this article! Why wait? Subscribe to our regular feeds now!”4. Create a ‘Subscribers Only’ Community On Your BlogPromote regular Subscribers Only polls, surveys, lotteries, reward schemes, prime content, discussion forums, or a free eBook. Create an exclusive ‘subscribers-only’ community and make your readers want to belong.5. Proudly Display Your Current Subscription RateProminently display the total subscriptions and average monthly subscription rate using a tool like FeedBurner. This will make the reader think that if so many people have subscribed, there must be something good in your feeds.6. Update Your SEOUpdate both on and off page Search Engine Optimization on your site to get more visitors to your site. The more visitors you get, the more the chances of increased subscription rates.7. Educate Your Readers about RSS FeedsHow many people know that RSS stands for Really Simple Syndication? Click an RSS logo and you’ll see a page of text that’s not very easy to understand. No wonder people just leave the page. Provide some explanation as to what RSS is all about, next to your RSS subscription button. The better your re aders understand, the more interested they’ll be to subscribe. You can also create a Subscribe page explaining them how to subscribe.8. Use the Right WordPress PluginsYou can use the What Would Seth Godin Doplugin to customize limited time welcome messages targeted at new and repeat visitors. You can use the plugin to place customized Email or RSS subscription form in your posts as well.The WP Greet Box WordPress plugin welcomes visitors with a small message and also allows you to include social icons and a RSS link.9. Avoid Long Contact FormsKeep your subscription forms simple and non-intimidating. If you want additional information, prompt users to provide it after a few feeds are delivered.10. Design a Great Landing PageYour landing page really ‘lands’ the user, if it is effectively and attractively designed. A landing page is solely dedicated to getting people to subscribe, so keep it distraction free.11. Post Comments on Other BlogsDrop your Feed URL or landing page in yo ur comment link. Comment consistently and let the comments show your depth of understanding, intelligence, subject authority and astuteness. It also helps to use a clever avatar along with your comments. Brand your comments and become a hero in commenting.12. Use the Right RSS Feed ToolsUse a tool such as FeedBlitz; it analyzes your blog’s computer-readable RSS feed and updates the latest stuff to subscribers via email, IM and Tweet.13. Design an Attractive Signup FormA boring subscription form is only going to get your readers yawning. Jazz it up a little, make it attractive, funny, interesting and exclusive to encourage readers to subscribe.14. Use the Right WordsCheck out the difference between, “If you like this article, please subscribe” and “We know you loved this article! Get our latest delivered to your inbox â€" sign up now!. You get the point.15. Focus On Target Niche AudienceDon’t dilute the impact you’re trying to make by marketing to everyone. Focus on getti ng your niche target audience to subscribe.16. Do Your Guest Blogging from the BeginningDon’t wait till you have 100 subscribers to begin guest blogging. Get your name out there right from the beginning; it’s the best way to get more subscribers. Check the basic benefits of Guest Blogging.17. Write an eBook And Give It AwayFind out what your target audience needs and write a great eBook that helps them solve their problems. Offer this eBook as a reward to anyone who subscribes.18. Make Sure Your About Us Page Creates an ImpactYour readers want to know you intimately in order to form an emotional connection. Use your About Us page to get up close and personal with your readers.Do you know any other cool tips? Kindly share them in the comments please, thank you.READHtaccess Redirect For Better Pagerank Other Analytics

Supply Improvement Will Position Eagle Pipe - 1705 Words

Constant improvement will position Eagle Pipe as a next generation full-service distributor and exploration support company. To retain and expand Eagle Pipe markets, the firm should strive for improvements in software and implementation to place the corporation resiliently with existing customer and attract new accounts. Investing in an enterprise level application that functions for large companies and small businesses alike, will give Eagle Pipe the correct platform for limitless scalability. LiquidFrameworks is a corporation that in early 2000 its primary operation was to serve as a consulting firm serving oilfield industrial environmental services markets. LiquidFrameworks chose a long time ago to work in close collaboration with oil and gas, industrial and environmental services industries in order to provide a highly customizable solution in the market. By 2007, Liquid Frameworks offered a first generation field operation application. The growth of the company only continued and by twenty thirteen they released a third generation FieldFX on Salesforce1 platform. In more recent years, the company ranked fourteen out of 2,970 apps making it the highest partner on Salesforce AppExchange, based on partner net revenue. Currently, FieldFX by LiquidFrameworks has over ten thousand active users across the globe. The focused effort by LiquidFrameworks allows them to provide the industry’s most complete operations management solutions. 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Group Reflection Van Der Linden - 1524 Words

Group Reflection Renae Van Der Linden Roberts Wesleyan College Group Reflection When leading a group, it is important to understand what the overall goal should be, as well as understanding what the group expectations are. Knowing what the group goals and expectations are provides a basic outline of what the group dynamic should be. Additionally, the goals and group expectations should be discussed with the group members, providing them with the opportunity to share their input and possibly even make changes to what the facilitator believes the group goal or expectations should be. Class Goals The goal for the psychoeducational group based on mindfulness was to: define mindfulness, share various mindfulness skills, discuss the†¦show more content†¦Opening this door to the conversation would have been helpful for group members to hear about what other people enjoy doing and may have provided them with new ideas on what can be done in their own life to accomplish mindfulness. 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Forensic Accounting - 1628 Words

FORENSIC ACCOUNTING MORE THAN JUST NUMBERS The field of accounting is no longer just for those who enjoy crunching numbers. Preparing financial statements, internal auditing, and tax accounting are only the tip of the iceberg. In today s society of the money hungry, the sue happy, and the financially unfit, a new breed of accountant; the Forensic Accountant has emerged. Although Investigative Accounting has been around for years, it has only recently begun to transform into the science of accounting, hence Forensic Accounting. Forensic accountants are unique, looking beyond the numbers, digging deep to uncover fraud, hidden assets, and the like. The word forensic is defined in Merriam Webster s dictionary as relating to†¦show more content†¦Uncovering these minute irregularities requires superior interviewing skills as well as the ability to dissect the information obtained. Technical knowledge is also a plus; the increase in the use of computers, personal data assistants, and cell phone technologies have (in s ome cases) eliminated the hard copy paper trails of years past. Keeping up-to-date in the advancement of these and other technological products is imperative. Work experience requirements vary from company to company and depend largely upon the type of case work performed. Some forensic accountants enter the field of accounting as Certified Public Accountants; then at some point in their careers are placed in an investigative role using the knowledge gained in their CPA practice to further their careers as forensic accountants. Others start their career paths in seemingly totally unrelated fields, e.g., law enforcement, using the knowledge gained through those careers to further their careers in Forensic Accounting. In any case, the minimum two years work experience in some aspect of the accounting field is required. 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In this case, Sonya Fuentez which is the IRS- enrolled agent, should go through this process before she decideRead MoreForensic Accounting in Practice1443 Words   |  6 Pages Forensic Accounting In Practice Ronald Wimberly-EL Bagher Fardanes, Ph.D, MPA Business 508 May 19,2013 Running Head: Forensic Accounting In Practice Page 2 The five most important skills a forensic accountant should

Japanese Management Style free essay sample

Examines theory practice, cultural factors, corp. loyalty, motivation, power control, failure, decision making, flexiblity; compared to American style. JAPANESE MANAGEMENT STYLE This research reviews the Japanese style of manufacturing management. Management problem solving approaches, leadership styles, worker attitudes and thinking processes, and inventory and production management techniques are addressed. The approach in this review to the development of an understanding of the Japanese style of management is to compare Japanese managerial practices with American managerial practices. Japanese managers take the theories they find and put them to use (Chen, 1995, pp. 180-196). A theory of work as meaningful living prepares employees for socialization into groups, as does the belief that the company has a legitimate social mission. Powerful managers who demand that employees participate and do not worry about little mistakes motivate the development a strong..

Wengart Aircraft free essay sample

Wengart Aircraft Question 1: Driving and restraining forces toward acceptance of the TQM program at the top management level 1. No Programme and Project Change Management Office Larsen is trying to execute a big change by simply sending a memo to the heads, there is no proper planning and no well thought-out execution or implementation strategy which would have taken issue of psychological impact on the employees into consideration. 2. Not a learning organisation Wengart doesn’t seem to have interest in researching and learning from its competitors, there is no sense of urgency in the entire organisation. It is said in the case that one of Wengart’s big customers has sent a couple of letters to the management and it seems the issues were never taken seriously by Wengart management. 3. Lack of Strategic planning Wengart is literally going down; it’s just a matter of time before it hits the stage of bankruptcy. We will write a custom essay sample on Wengart Aircraft or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Clearly the vision and mission of the company is not translated into the day to day running of the business in meeting its core competencies as the supplier of Aircrafts, i. , Customer satisfaction, being proactive in meeting customers needs, committing to delivering to the shareholders, and ensuring that the end to end process of their products is stream lined, lean and mean to meet customers demands. 4. No Organisational improvement In Wengart it seems nobody cares what is happening out side their world, no interest in the global changes, they are told by the Government to adopt the TQM methodologies. Where are the business analysts, research eams, product improvement teams in Wengart? Those are the individuals that were suppose to have the company adopt the latest in business management and improve the production processes. 5. Poor leadership There is a very poor way of communicating changes, the leadership of Wengart is not taking and making appropriate measures in helping their employees understand the change at hand. Hence we see some kind of frustration on the employees thinking that their jobs will be online. This is/was the time that the visibility of top management should not be questioned, their commitment to their employees should come out at its best in trying times like this one, clarifying all the questions that might be raised relating to the TQM methods. 6. Poor Customer Relations Wengart has a very poor/weak approach when it comes to maintaining its customer relationships, in fact there isn’t any retention strategies and communications strategies. 7. No JIT TQM methods It’s clear from the case that there is no Just-In-Time delivery of products with the company to the customers which ties very closely with TQM, in essence, the two are inseparable to a larger extend. Question 2: Driving and restraining forces toward acceptance of the TQM program at the line management level 8. Job loses The line managers could be of the opinion that the top management is in the process of down sizing, hence the resistance. 9. No Clear directive There is no one from the top management who is well versed with this TQM, and the top management wants this to be implemented, there is no visibility of sponsorship to this initiative, in actual fact there is no point of reference should there be question from the staff. 10. No engagement by leadership There is no engagement with the larger community of employees of Wengart, the change has not been communicated as a benefit to the line managers and the employees. Thorough and proper protocols of engagement in term s of communicated the change should be followed; management must get buy-in from the employee community as opposed to telling them what to do. Passive resistance is adamant and to be followed by a greater chances of industrial action. 11. No Communication No proper communication was implemented to reach the general employees to put them in light, on the other hand killing all likelihood of having rumours about retrenchments. Question 3: The way management communicated the change program to the lower levels. Wengart management did not do a good job in communicating the change, they actually failed this project of implementing TQM by failing to create and implementing an awareness programme that would have created calmness and positivism amongst employees. The following could have worked best in preparing the communication of the TQM project to the employee. 1. The initial change message should be: Relatively brief – headline and just a few details. 2. They should have positioned the change as: A smart way to do business. 3. The communication should be from the perspective of: The management team making the decisions. 4. In managing resistance, they should: Try to bring resistance to the surface and Keep people focused only on the positive. 5. Make sure the communication plan is: Geared to the least-educated employee and Flexible enough to go with the flow. 6. Send messages designed primarily to: Build trust and positive feelings, Build trust and compliance, Build trust and commitment. 7. Be sure to tell your employees: Anything truthful that will keep them happy. . Generally, the best communication takes place: In small groups. 9. The best communication â€Å"style† is one that: Fits the situation. 10. In a conflict between culture and change: Successful implementation really depends on management’s determination. Question 4: Question 5: Recommendations for implementing the TQM program 1. Establishment of Programme and Project Change management office Larsen was suppose to appoint a proje ct team comprising individuals with expertise from different areas of the plant to work closely with consultant. Secondly, they were supposed to be tasked to investigate the allegations made by the customers about the quality of their products. Appointing one of the candidates with the greater influence on the work force and who has got interest in the TQM principles and methodologies. Appoint another team that will over look the entire change approach, the team be tasked to do a thorough study on the impact that the change would have on the individuals, the way they do things, look at the as-is process and try and alter it to have as little psychological impact as possible in merging it into the new process. Try and get buy-in from different influential individuals and stakeholders within the company. And most importantly, Larsen must have a direct contact with the two teams, both teams must have regular meetings to discuss their findings and have a planned and systematic approach as to how the change and the project is to be implemented. Fig. 1. Organisational value chain 2. Utilise the balanced scorecard to evaluate the impact of TQM. They should use the following key performance indicators for appraisals: Finance Economic value added Sales growth Cost reduction Grow revenue Maximised profits Customer Increase market share Accessibility Acquire and retain profitable clients Customer satisfaction Internal Processes Training and development Effective marketing programmes in segments Ensure compliance Product quality Stock turnover Job turnover Learning and growth Human resources development Employee retention Employee satisfaction Employee profitability Improved employment practices Leadership excellence

The Salic Law - Early Germanic Law Code and Law of Royal Succession

The Salic Law - Early Germanic Law Code and Law of Royal Succession Definition: The Salic Law was the early Germanic law code of the Salian Franks. Originally dealing primarily with criminal penalties and procedures, with some civil law included, the Salic Law evolved over the centuries, and it would later play an important role in the rules governing royal succession; specifically, it would be used in the rule barring women from inheriting the throne. In the early Middle Ages, when barbarian kingdoms were forming in the wake of the dissolution of the western Roman empire, law codes like the Breviary of Alaric were issued by royal decree. Most of these, while focusing on the Germanic subjects of the kingdom, were clearly influenced by Roman law and Christian morals. The earliest written Salic Law, which had been transmitted orally for generations, is generally free of such influences, and thus provides a valuable window into early Germanic culture. The Salic Law was first officially issued toward the end of the reign of Clovis in the early 6th century. Written in Latin, it had a list of fines for offenses ranging from petty theft to rape and murder (the only crime that would expressly result in death was if a bondsman of the king, or a leet, should carry off a free woman.) Fines for insults and practicing magic were also included. In addition to laws delineating specific penalties, there were also sections on honoring summonses, the transference of property, and migration; and there was one section on inheritance of private property that expressly barred women from inheriting land. Over the centuries, the law would be altered, systematized, and re-issued, especially under Charlemagne and his successors, who translated it into Old High German. It would apply in the lands that had been part of the Carolingian Empire, most especially in France. But it would not be directly applied to the laws of succession until the 15th century. Beginning in the 1300s, French legal scholars began attempting to provide juridical grounds to keep women from succeeding to the throne. Custom, Roman law, and the priestly aspects of kingship were used to justify this exclusion. Barring women and descent through women was especially important to the nobility of France when Edward III of England tried to lay claim to the French throne through descent on his mothers side, an action that led to the Hundred Years War. In 1410, the first recorded mention of Salic Law appeared in a treatise rebutting Henry IV of Englands claims to the the French crown. Strictly speaking, this was not a correct application of the law; the original code did not address the inheritance of titles. But in this treatise a legal precedent had been set that would thenceforward be associated with the Salic Law. In the 1500s, scholars dealing with the theory of royal power promoted the Salic Law as an essential law of France. It was used expressly to deny the candidacy for the French throne of the Spanish infanta Isabella in 1593. From then on, the Salic Law of Succession was accepted as a core legal premise, although other reasons were also given for barring women from the crown. The Salic Law was used in this context in France up until 1883. The Salic Law of Succession was by no means universally applied in Europe. England and the Scandinavian lands allowed women to rule; and Spain had no such law until the 18th century, when Philip V of the House of Bourbon introduced a less strict variation of the code (it was later repealed). But, though Queen Victoria would reign over a vast British Empire and even hold the title Empress of India, she was barred by the Salic Law from succeeding to the throne of Hanover, which was separated from Britains holdings when she became queen of England and was ruled over by her uncle. Also Known As: Lex Salica (in Latin)

The Spiritual Heritage of the Knights Templar Essay

The Spiritual Heritage of the Knights Templar - Essay Example The spiritual realization that we keep in ourselves is often mediated through strong religious personalities likes Buddha, Jesus, Moses or Mohammad. The awareness that he have about these religious leaders shapes our cultural beliefs. The true spiritual heritage, though, is not contained only in the books, history, monuments of stone or culture, but also in the love and sympathy we share for each other. The Brotherhood of the Knights Templars was precisely a self-conscious group of people who attained spiritual immortality through their great human expressions and protections of the heritage. Their story is so powerful that transformed their order into admirable human temple. The order of the Knights Templar is surrounded by mysteries and legendary stories. The religious crusades in the Middle Ages caused turmoil among the successors to the throne in Europeans countries and created a battlefield of faith too. The order is synonymous with the crusades of the Middle Ages and the emerge nce of the Religious knights. What most people remember about the Knights Templar are not their achievements and accomplishments but their tragic decline on Friday the 13th, in October 1307. The Knights Templars were a military order which was established to defend Christian pilgrims in Jerusalem in 1118. Two decades after the victory of the First Crusade which took place between 1095 and 1099 a group of knights commanded by Hugues de Payens proposed the Patriarch of Jerusalem to serve as a military force (Dafoe 2009). The original group was said to consist of nine people who had to protect Christian pilgrims who were travelling to the Holy Land to visit the temples sacred to their faith. Between 1118 and 1120 King Baldwin II granted the military formation quarters in a wing of the Royal Palace on the Temple Mount (Dafoe 2009). This place was among the holy structures which were presented by the priests of Jerusalem as the Temple of Solomon. "The Poor fellow-soldiers of Jesus Christ" became "The Knights as the Temple of Solomon" and subsequently known as the Knights Templars. Cistercian abbot was the first greatest contributor, who in 1127 issued rules and promoted the Templars. By rule, the Templars were not allowed to own properties personally, however this restriction did not apply to the Order as whole. So, those who were not able to participate in the order gifted land and other valuables as a sign of respect and honor to the group. Over the decades the Templars converted their humble start into the wealthiest of the Crusading Orders. Eventually, they gained the favour of the Church and the majority of the European monarchs (Dafoe 2009). Although the Templars were considered as the most powerful medieval military force the warrior-monks faced their tragic demise in 1307 when King Philip IV of France had the knights arrested and their assets seized. This controversial and unexpected destruction of the order ensured that the history of the Templars would be enveloped in mythical speculations. The legendary group was said to be arrested under the motiva tion of blasphemy, heresy, and sodomy (Dafoe 2009). Jacques de Molay - the Grand Master of the Knights Templar, and 60 of his senior knights were captured in Paris. After recanting the confession he made while being tortured, Jacques de Molay was burned at the stake in 1314. Generally, historians agree that the primary motivation of King Philip was greed rather than the genuine belief that the Templars were corrupt. Recent rediscovered Vatican archives showed that the Templars were innocent of the charges they were accused (Dafoe 2009). Over the centuries, the mystique around

Digital System Applications Essay Example | Topics and Well Written Essays - 2000 words

Digital System Applications - Essay Example Though, they can also be mechanical, pneumatic or even magnetic. Digital computers along with calculators, digital video and audio equipment as well as the telephone system which is the globe’s leading digital system are a few examples of the most familiar digital systems around the globe1. There are however various benefits that are obtained from digital systems. They have been mentioned as follows: The digital systems are mostly very convenient to design. The main reason is that in digital system only switching circuits are used which use the array that is high or low in which they lie and it does not take into account the exact value of voltage or the current. Moreover, it is very easy to store information in a digital system. It is carried on by certain special devices or circuits which can grab digital information and retain it for as long as necessary. In addition, the mass storage of the techniques can store billions of bits of information in a relatively small physical space1. It is easy to maintain accuracy and precision throughout the system because once a signal has been digitized the information contained by it does not deteriorate as it progresses. The operations in a digital system can also be programmed. It is easy to design the digital system whose operations are managed by programs (a set of stored instructions). Digital systems are also less affected by noise. Spurious fluctuations in the noise are not as critical in a digital system as the exact volume of the voltage is not that important as long as the noise does not stop individuals from distinguishing a high from a low. More digital circuitry can be fabricated on an Integrated Circuit (IC) chip. Even though analog system has also been benefited from the massive development of IC technology, its relative complexity and also the usage of the devices cannot be economically integrated. This limitation has prevented the analog system from obtaining the same degree of integration as that of the digital system1. There are very few limitations which are inherent in the digital system. The two biggest among them are as follows: Firstly, most of the physical quantities are analog in nature and therefore these quantities are mostly the input and the output that have been monitored, operated on and controlled by a system like temperature, pressure, flow rate, liquidity level, and velocity among others. These quantities can be expressed in the digital way when there is a need to make it more precise and specific. However, a digital approximation is generally made in the analog quantity. Secondly, the other limitation is that the whole world is analog and as a true fact processing digitalized signals indeed takes a very long time1. In order to take advantages of the digital techniques when dealing with the analog inputs and outputs the four steps which must be followed are as follows: 1. The first step includes converting the physical variable to an electrical signal (analo g). 2. The second step is transforming the electrical (analog) signal into the digital signal. 3. The next step that follows is processing or operating on the digital information. 4. The last step is converting the digital outputs back to the real world analog form1 With

Business Plan For Patel Electric Scooter Marketing Essay

Business Plan For Patel Electric Scooter Marketing Essay PATEL Electric Scooters will offer quality used electric scooters and electric scooter parts to a growing market of electric scooter hobbyists. PATEL Electric Scooters will sell new and second-hand electric scooters as well as accessories, such as jackets, boots, jeans, helmets, waxing products, childrens clothing, and spares. It will also repair and service electric scooters. Additional services such as insurance may be provided. Why are electric scooters better than gas ones?  · Environmentally Friendly: Zero tailpipe emissions. Save the planet!  · Lower Operating Costs: Approximately 1/20th of gas equivalents. And since gas prices continue to rise, this gap will only widen. Plus, most electrics require little or no maintenance.  · Quieter Usage: Electrics are extremely quiet, with no loud noisy engine, which means they can be used in areas which require quiet, such as corporate walkways between buildings of an office campus.  · Cleaner Operation: No gas, fumes, or smokes to deal with. Youll smell better.  · More Reliable: Fewer moving parts for less maintenance and less that can break.  · Reduced Oil Dependence: The more electric motors we use, the less we depend on gas motors, and hence the less oil your country depends on. In the beginning, Patel electric scooters will offer excellent value for the first scooters. These will not bust the customers budget as 50 to 75 percent of the costs for repairs and modifications will be reduced due to experienced riders and the quality parts that will be used. Sales of scooters continue to rise as they are seen as an answer to many traffic problems; they take up less space on the road, emit fewer harmful gases and are far cheaper to run than cars. Demand for touring and specialist scooters has also increased. Traffic schemes, which allow electric scooters, mopeds and motor scooters to use their own lanes to ease congestion, are likely to become more widespread. PATEL Scooters will specialize in scooter rentals for leisure and corporate travelers at discount prices. PATEL Scooters will offer a rental rate that is guaranteed to be the lowest among all scooter rental companies. This is PATEL Scooters commitment to customer satisfaction. Scooters are more efficient then cars in many ways: they have better fuel efficiency, go at low maintenance and have lower operating costs .And also the insurance is available for a cheap price of $30-$50 a year. The targeted customers for business will be about 125000 students from Connecticut State (USA). And so the word of the customer service will eventually spread There a lot of students who use the public transport to due the problem of finding parking spaces. As the public transport offer very few options we are expecting the economical moped and car services will come into action very quickly. There are a lot of students who cannot afford to buy a car or moped but they can afford to rent a car or a moped for $50 a month or can chip in for to rent one car together. Connecticut Scooters would purchase used scooters for less than $1,000 and lease them out. Patels connection with the electric scooter community and the growing demand for quality used electric scooters and electric scooter parts will make PATEL Electric Scooters one of the most popular shops in the city. Objectives The objectives of PATEL Electric Scooters are: Capture the majority of the used electric scooter business in the Connecticut State. give a good quality service for less. â‚ ¬Ã‚  a survey will be conducted for measuring customer satisfaction; repeat customers will be the targeted customers for surveys. Primary goal will be to achieve 45% of profit margin in first two years. Mission The mission of PATEL Electric Scooters is to become the primary resource for used electric scooter parts in Connecticut. Ways of Success The key ways of success for PATEL Electric Scooters are: Repeat customers Satisfaction. Maintaining the price, quality and time beyond customers expectation. Joining experienced professionals and putting them together to work in a team. Secure and busy location near by University. As supplier play main role in any business, so establishing a supplier network become a necessity. Somehow business also depends on employee moral behavior, so rewarding them at their success, is a step ahead in customer satisfaction direction. Company Summary PATEL Electric Scooters will offer quality used electric scooters and electric scooter parts to a growing market of electric scooter hobbyists. The shop will purchase used and damaged scooters as well as used electric scooter parts. Company Ownership PATEL Electric Scooters is owned by Sumitraben Patel Start-up Expenses A electric scooter sales, repair and servicing business costs will vary considerably, depending on services provided. By selling electric scooter parts, riders who undertake their own repairs will be attracted. The premises must be big enough to display several large scooters plus accessories. An existing business could be purchased, with established reputation and customer goodwill, etc. Electric scooter Trader Directory lists suppliers of machines, components, spares, auctioneers, etc, with contact names and addresses. Initial and ongoing costs could include: A range of electric scooters, scooters, mopeds, etc. A large range of accessories, clothing, spare parts, etc. A tool kit ($300-$700). Spot welder ($200). Paint stripping equipment (from $50). Other equipment, e.g. scales ($250), brake tester ($3,700-$4,750), headlamp tester ($495). Electric scooters lift ($520-$1,300). Paddocks stand ($150). Tire fitting equipment, e.g. tire changer ($1300-$1600), wheel balancer ($1500-$1900). Mig welder (from $350). Manuals. Promotion. Staff. Insurance. Start-up Summary Sumitraben Patel will invest and also secure a $20,000 loan. The focus of the initial inventory will be on engine and electrical parts. The source of these parts is electric scooter hobbyists who sell the parts in order to purchase upgrade parts for their own electric scooters. The following table and chart show projected initial start-up costs for PATEL Electric Scooters. Legal $1,000 Stationery etc. $500 Insurance $500 Rent $1,000 Display Equipment $3,000 Expensed Equipment $5,000 Total Start-up Expense $11,000 Start-up Assets Needed Cash Balance on Starting Date $24,000 Start-up Inventory $45,000 Total Assets $69,000 Total Requirements $80,000 Funding Investment Sumitraben Patel $80,000 Total Investment $80,000 Total anticipated annual turnover for first year: $250,000 Total anticipated annual net profit: $112,500 Products We believe it is important to have quality electric scooters at a low cost, and will back each cycle with a 30 day limited warranty. Our company will make a profit by generating sales. It will provide job satisfaction and fair compensation to its employees, and a fair return to its owners. Hard work and performance is rewarded through bonuses and commissions. Job satisfaction is very important for employees and owners; we will create a work environment that is enjoyable and profitable for all. Why are electric scooters better than gas ones?  · Environmentally Friendly: Zero tailpipe emissions. Save the planet!  · Lower Operating Costs: Approximately 1/20th of gas equivalents. And since gas prices continue to rise, this gap will only widen. Plus, most electrics require little or no maintenance.  · Quieter Usage: Electrics are extremely quiet, with no loud noisy engine, which means they can be used in areas which require quiet, such as corporate walkways between buildings of an office campus.  · Cleaner Operation: No gas, fumes, or smokes to deal with. Youll smell better.  · More Reliable: Fewer moving parts for less maintenance and less that can break.  · Reduced Oil Dependence: The more electric motors we use, the less we depend on gas motors, and hence the less oil your country depends on. Electric scooters are more preferable because they:  · Scooting desires are fulfilled;  · Easy and quick, fun making local errand; Environmental friendly while saves some bucks; Convenient point to point transportation; Solves problem of parking and helps with shortcuts; Brings more fun and freedom in ones life. In comparison to gas-powered scooters, electric scooters bring better advantages for transportation as well as recreation. Comparing to gas-powered scooters, electric scooters are allowed in train plane bus etcà ¢Ã¢â€š ¬Ã‚ ¦ Reduction of Noise as well as air pollution. Maintenance is lowered due to use of simple electric motors. Quick and better response when starting or climbing on hill. Many times electric scooters are purchased as a toy, still they have long life as transportation. 1.(a) rules of safety while riding scooters.  · Riders do no duck out of the traffic irresponsibly.  · Friends should not let friends ride scooters when drunk.  · Riders should not ride at high speeds on the sidewalk.  · People should not let inexperienced riders ride soaped-up scooters.  · Riders should keep in mind that pedestrians always have the right to pass first.  · Responsible parents should be sure that their children wear proper safety gear when riding scooters. PATEL Electric Scooters offers the following products: Used Electric scooters: These cycles have been inspected and occasionally reconditioned in order to offer the customer the best value. Used Parts: These quality parts include engine parts, bodywork, gas tanks, electrical parts, frame, and chassis wheels and brakes. Used Electric scooters We will have at times 20 to 50 used electric scooters. Electric scooter crash repairs PATEL Electric Scooters offers a complete range of electric scooter crash and damage repair services: Fuel Tank Repair Damaged fuel tanks dent will be repaired by using needed stud gun which welds dent area with draw pins, with the use of side hammer the dent will be pulled, by these way it makes possible to remove dent without drilling or filling. After that area will be cleared by a thin coat of glazing surface, block sand, and then high premier quality coat will be added. When it dries, tank gets ready for wet sand and final base color coat which gives a perfect finish. Plastic Repair and Welding. We will Repair plastic body parts that are costlier, like parts having scathes, cracks etcà ¢Ã¢â€š ¬Ã‚ ¦ plastic welder and rods will be used of best quality to repair cracked parts. Surety for quality We get hundred percent guarantees when the parts are perfect. And there will be no sign of damage. We will occasionally be able to repair damaged race fiberglass. We will recommend replacing the with new parts if the body work has moderate to heavy damage. parts. It takes hours get a heavily damaged part into the right shape so that it can be painted. And if the job is not dome properly the paint will look ugly and we are very keen on having a good painting job done. The money spent on the repair of a heavy damaged part will be twice the cost of a new part and secondly the part will always have the mark of the crash or the signs of hairline cracks around the mounting holes. The cost to repair a less damaged part is  ¼ the cost of a new part. In such cases we recommend to get it repaired rather than replace it. Electric scooter Insurance Repairs We will handle insurance repairs and claims to get your electric scooter back in perfect shape. All repairs will be done using factory OEM replacement parts where needed. Pick-up will be available by appointment. Electric scooter Insurance Repairs and Claim Handling PATEL Electric Scooters will work with you and your insurance company. We handle everything from writing your repair estimate and handling your insurance claim to picking up your crashed electric scooter. The insurance repair process will work as follows: Once an scooter arrives at the Patel electric scooters it will be inspected for any crash damages and a detailed written document will be made that will cover all the all the damages that occurred before the scooter arrived. We call the insurance company once the estimate of the repairs is complete they will then send an adjuster to our shop to compare our estimate to theirs. Once the estimate has been approved by the adjuster and gives the approval for the estimate after that only will the insurance company sand us the payment for the Upon approval of the estimate by the adjuster, he will submit approval of payment to the insurance company. Factory oem replacements will be ordered for every part that need replacements for the scooter to get ready for re assembling when the the new parts arrive. Market Analysis Summary The traditional customers of a electric scooter retailer are young males. The number of riders taking basic training has risen, largely due to an increase in the number of older riders (25+). They may or may not have had scooters before, will buy for leisure purposes and also tend to buy higher price scooters which have higher profit margins for the retailer. They will be car owners, and being used to service from the car market, will want to buy from clean, smart dealerships. Higher prices could be charged, as they will generally be willing to pay for a high level of service and will have a higher disposable income to spend on accessories. Women are an increasingly important customer group, as the number of female riders rises. Customers are becoming more demanding of good service, back-up and information provision, so keeping ahead of the competition will involve rigorous training for employer and staff in order to keep abreast of new technology in the market. Only a small proportion of the population owns a electric scooter, therefore there is still a large potential market for sales. The number of full electric scooter licenses held in this country far exceeds the number of scooters on the road, so it is not essential to target new riders. It may be possible to persuade lapsed riders to take up the hobby again. There is also a business sector. As roads become more clogged, car speeds in cities are decreasing significantly, and a electric scooter courier industry has developed. In such conditions scooters are substantially faster. The police and paramedics have begun to use more electric scooters for the same reason. A shop could develop a relationship with a commercial or public sector customer, taking on supply and upkeep of a fleet of scooters. Some of the larger electric scooter dealers have suffered over the last year as consumer demand has decreased. Electric scooter dealers usually have multi-franchises; links with several manufacturers rather than selling the product of one manufacturer, as happens in the car dealership market. However, developing links with a manufacturer can be very difficult. Manufacturers are trying to increase profits, and this usually means developing and assisting existing successful franchise outlets. Most areas are now well covered for dealerships. Competition also includes the car market. Despite environmental concerns, for most people the car is still the first choice for independent travel. Over the past ten years, riding has developed an entirely new customer base among baby boomer men, ages 40 to 65. Last year, electric scooter sales for this age group were twice that of young men, ages 18 to 25. These two groups represent 80% of electric scooter sales. In Connecticut State, electric scooter sales exceeded $36 million in 2009 and sales are predicted to grow by 10% this year. The demographics suggest that there is a large market for used electric scooters and electric scooter parts, especially among experienced scooters. This is particularly important because the experienced customer will seek out a shop where the owner has a reputation for quality and service in the electric scooter community. Market Segmentation PATEL Electric Scooters will focus on two customer groups: Male baby boomers, ages 40 65. Young men, ages 18 25. Competitive Comparison The suppliers have the lot of power in negotiating and setting of the prices of the products on the shop. This is a fact that the suppliers earn the most money form these kind shops and companies. It is consolidate that the repair industry have the deepest pockets and a a limit numbers of substitute customers. Finally there are the only most important suppliers to Connecticut electric scooters industry. Market Trends The market demand for electric scooter sales, repair and service industry has been relatively stable over the past decade. However, the average price per scooter has seen a steady increase, especially within the last five years. These more expensive scooters have, on average, much higher repair costs per vehicle than any older scooters. This has upset the short-term equilibrium of the industry and given incentives for new firms to enter the market. Strategy and Implementation Summary The location of a electric scooter sales, repair and services business is very important in attracting customers. A site close to the centre of town will be easily accessible to potential customers in all areas of the region. Being located near public transport routes will make it convenient for customers to use alternative forms of transport while their electric scooter is being serviced. Early and evening opening hours will accommodate those customers who need to drop off their electric scooters on their way to work, or collect them afterwards. Good presentation of the shop and staff will be useful for attracting repeat business. Neat premises and helpful, friendly staff will instill confidence in customers and further promote the business through word of mouth recommendation. To target customers in the local area, advertisements can be placed in local publications. Listings in directories will be useful, e.g. the Yellow Pages. Advertising monthly special deals on certain types of repair work in the local newspapers, is another option. Some parts suppliers offer promotional support programs for independent garages in return for stocking only their products. Often these packages include signage, point of purchase support material as well as advertising support. An increasing number of businesses are advertising their services on the Internet. Competitive Edge Sumitraben Patel, owner of PATEL Electric Scooters is one of most respected and best known Business man in Connecticut, she also own three motels in different parts of United States. Marketing Strategy PATEL Electric Scooters will establish and maintain close links with a electric scooter rider training company. Licensing requirements mean most learners will look first for a rider training company; they may not approach a dealer until they have passed their test. A good reputation is essential. If the business establishes a reputation for a friendly, knowledgeable and helpful service, new riders (including women and older riders) will be encouraged to trust and buy from it in an ongoing relationship. There are many electric scooter exhibitions and festivals; these are a good place to meet customers and others in the trade. Advertising will be undertaken according to the target market. The majority of active motorcyclists in the US read a electric scooter magazine all of which have a Product and Services Guide, plus adverts from dealers. Listings in the Yellow Pages and local business directories will be worthwhile. Local electric scooter clubs will be contacted to inform them of the services. Sales Strategy PATEL Electric Scooters will open with a Customization Show and Competition. During the first month of operation, PATEL Electric Scooters will offer a 15% discount on all purchases over $50. Sumitraben will also offer a standard 10% discount to members of the citys seven electric scooter organizations. Management Summary Bhagvat Patel will manage the daily operations of the shop under sumitraben patels supervision. Yakub and zahgir are two motorcyclist specialist, will be handling all repairs, where there salary will be 1250/month for each. Besides Sumitraben Patel, PATEL Electric Scooters will have three additional employees. Strategic Direction SWOT Analysis This is a summary of the businesss most important strengths, weaknesses, opportunities and threats. Strengths of the Business Excellent quality product Which means that Adds to reputation. Good management skills. Which means that Well run business Good ability to extract information. Which means that Can control the business.- Weaknesses of the Business New Player. Which means that Credibility problem may affect initial sales Lack of systems Which means that The Company needs to develop systemised operational sales techniques or sacrifice profits Opportunities in the Marketplace Add-on products such as ** Which means that A potentially enormous market for PATEL electric scooters to tap into. Growing market segments. Which means that PATEL electric scooters should target these segments. Threats in the Marketplace Increasing supplier prices. Which means that Resulting in reduced profitability. Declining size of the ** segment. Which means that Need to focus on growing segments to spread the companys portfolio The Actual Plan (annually) Business Objectives Corporate Objectives (Goals) Short Term Corporate To achieve a sales level of $250000 To achieve profit level of 45% Marketing Objectives (Goals) {your product} #1 Segment: To achieve sales to $30000 #2 Segment: To achieve sales to $60000 #3 Segment: To achieve sales to $70000 #4 Segment: To achieve sales to $90000 New Products To evaluate and launch new products or services which will turn over $120000 in the first year. Other Objectives (Goals) To not exceed a marketing budget of $4800 To not exceed a payroll budget of $42000 To not exceed a general overhead budget of $21360 The major task objectives for each area of the organization, together with responsibilities and timings are detailed in the Roll-Out Plan. Marketing Plan MARKETING OBJECTIVES Sales Objective To achieve sales by 45% Sales Objectives by Market Segment. #1 Segment: To achieve sales to $30000 #2 Segment: To achieve sales to $60000 #3 Segment: To achieve sales to $70000 PROMOTIONAL STRATEGIES Print Advertising Develop a corporate brochure. Advertise in local publications Advertise monthly in magazines that are specifically targeted to the ** and ** segments. Advertise monthly in magazines that are aimed at the general industry. Lead Generation Program Conduct monthly on-going lead generation program. Send out monthly direct mail leaflets with response coupons. Qualify leads and make appointments by using telemarketing staff. Centres Of Influence Program Personally contact at least ten potential partners each week. Produce a monthly newsletter that shows examples of (your products) and how customers have benefited from using them. PR Program PR release to be initiated each month to various trade journals and magazines. Sales Force Employ telemarketing staff. Implement a new structural program for the sales force, allocating sales reps to accounts and segments rather than area. Organize training program to be implemented. Lost Customers Contact monthly all past customers that have not re-ordered to ask why not and see whether we can win back their business. Follow up Enquiries Contact all enquirers monthly and determine if they have purchased from a competitor and, if so, why. Existing Customers Follow up all new customers two weeks after they purchase to ensure they are satisfied with the product. Send quarterly newsletter to existing customers to keep them informed of our other products. Try and up-sell all enquiries for our standard range to our premium range. Sales Promotion Develop an ongoing sales promotion to target existing customers. GENERAL MARKETING STRATEGIES Competitor Profile Keep updated competitor profile. Marketing information system Document on every enquiry How did you hear about us? Document on every order How did you hear about us? Produce monthly sales reports by product, by market segment, by territory and by sales representative. Financial Plan FINANCIAL Next Years Objectives Net Profit To achieve forecast net profit of $112500. Budget To not exceed the following expense budgets. Marketing Budget $ 4800 Payroll Budget $ 42000 Management Overheads $ 21360 FINANCIAL STRATEGIES Cash Flow Eliminate cash shortage in the traditional tight periods of December to January Collection Days Reduce the average collection days from 30 days to 15 days. Payment Days Maintain payment of bills, on average, to 20 days. Expenses Develop and implement new policies on approval and signatories on expenses. Leases Pay off the existing lease on PATEL equipment, thus reducing the monthly financial burden. Wages Pay all wages on a monthly basis instead of weekly. Inventory Improve the number of stock turns to 30000 a year. Rent Negotiate new terms on the premises and reduce existing payments by 10% Organizational Plan ORGANISATIONAL AND MANAGEMENT Next Years Objectives Budget To not exceed the payroll budget of $42000 HUMAN RESOURCE STRATEGIES Organizational Draw organizational chart. Develop incentive scheme related to job requirements. Policies and procedures Develop policies and procedures manual. Employ telemarketers. Training Carry out training needs analysis. Morale Install suggestion box. Organize monthly meetings to follow up tasks

El Cid and Kracauer’s Mass Ornament :: Medievalism Kracauer Film Cinema Movies

The numerous historical films that merely illustrate the past are attempts at deception according to their own terms. Since one always runs the danger, when picturing current events, of turning easily excitable masses against powerful institutions that are in fact often not appealing, one prefers to direct the camera towards a Middle Ages that the audience will find harmlessly edifying. The further back the story is situated historically, the more audacious filmmakers become. They will risk depicting a successful revolution in historical costumes in order to induce people to forget modern revolutions, and they are happy to satisfy the theoretical sense of justice by filming struggles for freedom that are long past.1 Kracauer’s analysis of the historical film culminates in a dismissal of historical, and thereby factual, efficacy. In this circumstance, the period piece can assume an earlier time frame as a departure from the burden of accuracy rather than an acceptance of it. Academic records indicate that El Cid (dir. Anthony Mann, 1961) ignores much of Rodrigo Dà ­az de Bivar’s factual exploits as a warrior for hire, fighting more often for compensation than any religious or moral certitude. Why, then, was this character’s story so appealing as a platform for a historical epic film? El Cid’s historical ambivalence suggests that it’s story is more appropriately detailed for potential aesthetic achievement than realism. Kracauer begins describing the aesthetic condition of the mass ornament as a reference to the Tiller Girls, a performance group based on visual uniformity. He focuses on their performance of emulation and repetition, through which they are â€Å"no longer individual girls, but indissoluble girl clusters whose movements are demonstrations of mathematics.... One need only glance at the screen to learn that the ornaments are composed of thousands of bodies, sexless bodies in bathing suits. The regularity of their patterns is cheered by the masses, 1 This passage is taken from Siegfried Kracauer’s essay â€Å"The Little Shopgirls Go to the Movies.† themselves arranged by the stands in tier upon ordered tier.2† Already, there is an allegory bridging this performance art with the cinema. The masses are clearly the film’s intended audience gathered in a theater, which composes the modern medium for the cinematic ornament. The film’s actors become the performative aspect of this equation, wherein their acting and involvement in a character role, no matter how important, is meager and unnecessary without the remainder of the operative whole. The film opens with a revelatory glance at this phenomenon, as Rodrigo carries a cross through an empty landscape. In retrospect, his great battles and leadership are abstract and ineffectual without the massive army of followers. As the stand-in Christ figure, he showcases the absence of the epic’s ornament: a solitary figure,

Objectives Project Essay

Project termination can happen for many reason some out of control of the project managers. If the project is successful or not successful you have to ensure that many task are complete to terminate the project. Our project is going to be successful and when the project is complete will be sure that all final task will be closed out properly. There will be a proper termination of the project making sure that it ends effectively and efficient. At the ends of the project the following task must be completed the project will be complete, it will be delivered and accepted by the client, a finalized report will be prepared, all bills will have been paid and invoiced to the client, all resources will be returned to the proper places, all documentation for the project will be stored in the proper manner, and the project books will be properly closed. The methods that we are going to use to ensure that the project met its objectives is by using retrospectives. While conducting the retrospectives we will evaluate many sections from the project context and descriptions, the project timelines, and evaluations of what is going right and what went wrong throughout the project and how to prevent those issues in the future. By evaluation where the project had issues and coming up with a solution will better provide us an example of thing to avoid in the future. There are six main criteria that will be reviewed to the fullest to determine the success rate of the project. The first criteria is the schedule, was the project completed in the proper time frame if it was not what was the issues that caused the project to take longer to complete to be successful. The second criteria is going to be cost. Was the project completed under budget, on budget, or over budget and if over budget what was the cause of being over budget. The third criteria would be product, was the product satisfactory and meet the need of the client. The fourth criteria is use, was the project implemented and used for its original purpose and was it function able. Fifth criteria being value, was the project and overall success. The last criteria is going to be learn, what was learned throughout the project, should have there been changes that could have been made to make the project more successful. Reviewing all six of these criteria will ensure that our project was successful on our part and that our client is also satisfied.

The Roles That A Financial System Performs Finance Essay - Free Essay Example

Sample details Pages: 7 Words: 2187 Downloads: 4 Date added: 2017/06/26 Category Finance Essay Type Narrative essay Did you like this example? When the individuals, business and government give instruction to the financial system, financial system need to respond and do transfer funds to other parties. For example, when a traveler uses the credit card to obtain cash in a foreign country, or when a firm needs to pay for the import from abroad, the financial system will complete the transaction. Financial systems make it be possible for countries government to deposits fund straightly into individuals bank accounts. Moreover, financial system allows the transfer funds between two different countries to become easy and cheap, regardless any currency the payer desires to use. The traveler loved this most acutely when communications are disrupted and the banking machines on which she is relying for her weekend expenditures do not dispense the cash she expected to obtain. The classifications of savers are the individual who earn more than they spend and businesses whose profits exceed their capital expendit ures. We assume that, the money which been spend will not be the saving. When individuals save, they usually allocate some of their surplus funds in cash or non-interest-bearing deposits, some in return forms such as interest-bearing securities or deposits or other securities expected to yield a combination of dividend income and capital gains. In the developed countries, individuals saving is assigned among bank deposits, investments in pension and mutual funds, and marketable securities. Normally, the proportions of individuals will distribute between those investments is according to the average returns each type yields. It means that, the greater average returns always mean greater risk as well, and consumers make tradeoffs between expected return and the risk of earning that return. Businesses are just like individual who hold a combination of liquid assets having no or low returns, and other financial assets such as securities, typically bearing higher returns. However the goal of investment between businesses and individual are different, as a result the particular combinations of financial assets they hold are also totally different. For example, businesses and individual always will consider at least to some extent on how unpredictable its short term cash inflows and outflows are likely to be. Most of the savers want a reasonable return on their saving, and they do ensure their funds are invested safely. Since most of the investors are risk averse, they demand asset return matching with the perceived risk of investment. The important conclusion of modern financial theory is the investor demand a yield premium that increase with investment risk. A simple example is individuals tend to buy stock rather than bonds because they consider stocks to be riskier and have higher expectation than bonds. Although most of the investors behave as a risk averters, but we still can find the clashing behavior cases. For example, some saver didnt pay much atte ntion on the potential risk when faced with an investment promising an unusually high return. Saver are fail to recognize that the promised rewards are always taking great risks. When the financial institution is paying extremely high rate of return to the depositors, and it is growing extremely quickly, you will witness the example of savers are actually taking very great risks. One of the example happened in the 1990s notable frauds were perpetrated in both Albania and Romania, with some depositors losing as much as two years income when the fraudulent institutions failed. Primary and secondary transactions Figure: Flow of funds diagram Liabilities Assets Regulation Sectors typically supplying funds Households Governments Reset of the world Sectors typically using funds Non-financial firms Governments Reset of the world Financial System Financial Markets Financial Intermediaries Government (Fiscal policy) Central Bank (Mo netary policy)The purpose of financial system is raises funds from the lenders or investors, making them available to the borrower or other users. Lenders and other investors are called suppliers of funds while the borrower and other users are called demand of funds. These funds can be either uses for finance the current expenditure for consume good, implement the plant and equipment for business firms. The transactions are measured through a system of accounts known as funds flow accounts or financial flow accounts. As Edwin H. Neave stated in his book, funds flow accounts is trace net borrowing or lending transactions between major sectors in the economy. The sectors defined in the accounts are households and unincorporated business, private non-financial business, government, private financial business and the rest of the world. The figure above show that the funds financing new investment flow mainly through intermediaries, with only a small proportion being transmitted di rectly through financial markets. The economic agent who spends more than the current earnings must either sell assets or borrow funds to finance the difference. Primary transactions are the activity deals for raising new funds and involve creating new financial instruments. The new securities can be either shares, bonds, promissory notes, loan contracts and etc. These securities may be sold to investors through the securities markets or may be acquired by financial institutions which advance funds directly to their clients. The Primary transactions is important because their effects on the economic growth. If the domestic financial system does not finance certain kinds of deals, then the capital formation will be inhibited-unless the necessary funds can be raised offshore. Secondary transactions are the activity deals involving trades in existing securities. It represents a reallocation of existing financing rather than the creation of new arrangement. The secondary market purchases of securities are used to invest surplus funds; secondary market sakes of securities are uses to raise funds. Normally, secondary transactions take place in the stock markets, the bond markets or the money markets. The instruments representing loans provided by banks or other intermediaries are rarely resold in the marketplace. The companys or governments securities which active in secondary trading are improves the liquidity of its primary securities issues and helps evaluate new information about the issuer. Why we say secondary transaction will enhance the liquidity of primary issues? This is because they indicate it will likely prove relatively easy to trade the securities at some subsequent point in time. Risk Management Instead of being used to raise new funds, some financial deals are struck with the principal purpose of dividing up and trading risks. Although risk management is often regarded as having emerged in the 1970s and 1980s,that view stems princi pally from observations of the very rapid growth of risk trading during those decades. Actually, the idea of risk management is familiar to some of the financiers for a much longer time. For example, some risks have been insured since long trading first became a reality. After the problem happen, the insurance company were formed principally to assume risks that people were unwilling to accept. The clients is actually selling risk to the insurance company, when individual or business are buy a policy from insurance company to protect their loss through fire or damage. At the real world, the risks assumed by insurance companies are not actively traded. Other instruments such as commodities futures have long been used to trade risks actively. For example, crop growers sell commodities futures allowing them to hedge against the risks of fluctuating crop prices, while speculators buy the same futures contracts to assume the risks. The origin of the commodities futures markets is by s ecurities firms that were both familiar and comfortable with the idea of secondary through market trading. In the late 1960s, 1970s and 1980s, the risk management had expanse greatly in volume and importance. The first country is United States, and then the next country is follow by Great Britain, Japan and other countries. The shift in demand for risk management and the change in the supply of instruments suitable for risk management can result in the trade in derivative securities. From the demand view, the risk management becomes more popular as the financial environment at year 1969 to year 1990.At the same time, the internationalization of business implied very fast increases in the foreign currency transactions, increasing the demand for managing these kinds of risks. The cases on late 1970s and earlier 1980s show that the increasing strength of the Japanese yen make the Japanese investors suffered large capital losses on their US dollar denominated investment, because m any of them took the form of US government securities. From the supply view, market trading of risk management instruments as a derivatives security is based on the same considerations which led insurance companies to write liabilities and commodities traders to purchase futures contracts. In the earlier 1970s, there have 2 important supply side was changed; technological is increasing the risk of the trading. First, traders in the instruments learned the importance of standardizing terms, which lowered the costs of both contact origination and of subsequent trading. Second, traders learned the importance of guaranteeing contact performance. Secondary market risk trading services the primary undertaking of risky projects, just as secondary markets for securities improve the functioning of primary markets for raising funds. An economy with access to cheap and easy secondary trading of risk instruments will assume more viable risky projects than one without secondary markets, ma inly because the parties originally undertaking to face the risk find it easier to divide into different components that are attractive to purchasers with specialized requirements. Finance and economic activity When we study macroeconomic, we know that the major determinants of economic activity are consumption, investment and government spending. In particular, the changes of interest rate have great impact on the growth of economic. Moreover, the kind of investment undertaken affects the kind of productive capability the economy acquires. By making primary financings easier to arrange, the financial system can encourage economic growth. Financiers do not directly stimulate capital formation by deciding to put up funds for projects, but they can certainly constrain decisions to acquire long term capital if they refuse to provide funding. If the funds are not available domestically, business can seek financing offshore, but business that is unknown to the financiers of a forei gn country may not always be successful in obtaining funds. Economic growth can also stimulate financial system growth. Both financial system developments, and many individual financing decisions, are driven by attempts to respond to changing demands for funds. In addition, the financial system evolves to overcome emerging impediments to financing new kinds of deals. Let talk 1 example, over 1970s a world-wide increase in the demand for more risk management services was met by increased trading activity and the development of many new risk management products, as already mentioned. The interest costs and the availability of finance differ between countries. The difference in financiers capabilities affect the availability and the cost of finance. A second source of differences in cost and availability is the cost of producing deal information in differing milieu. High financing costs or limited availability of funds signal financial underdevelopment. We can say that by improvi ng the economys growth prospects means improving its existing financial system capabilities, its access to offshore finance, or both. The purpose of the interest rate is to serve the overcoming financial underdevelopment, but that is not an easy task since it requires structure up new capabilities to screen and govern financial deals. Financial system development is most likely to occur in an already sophisticated financial system, because that is where innovation is least costly and most likely to be profitable. In the most developed economies, establish large business with profitable track records do not have much difficulty finding financing. Normally, such a business is more tend important to the consideration on the cost. Smaller businesses short term financing needs can also be satisfied relatively easily, at least so long as the business has marketable assets to offer as security. Small businesses have no difficulty to raising the funds to financing the acquisitions of inv entory or accounts receivable, being able to rely on bank loans or trade credit to do so. Financial systems vary in their capability to fund innovative or familiar projects backed only by uncertain earnings or illiquid assets. Other economies have relative few imaginative financiers capable of seeking at such kinds of deals constructively as well as critically. Countries which have foster divers financing arrangements normally do a better job of encouraging creative. The more likely the economy will be able to maintain international competitiveness through updating its productive capacity is follow the more diverse the capabilities of a financial system and the more its regulatory climate encourage responsible experimentation. For the economies, the growth is very important, but particularly to less developed ones where both infrastructural and business capital are likely to be in relatively short supply. This is the truth that financial system development is very difficult in the undeveloped countries, placing them at additional disadvantages that can only be overcome with patiently building up elements of a sound financial system over time. When the undeveloped countries rely on the external capital, the decision of offshore financiers can determine the kinds of projects that will be funded, and it will not always be the case that the most highly productive projects are first in line to obtain whatever limited funds are available from the offshore sources. Don’t waste time! Our writers will create an original "The Roles That A Financial System Performs Finance Essay" essay for you Create order