Sunday, May 17, 2020
Wednesday, May 6, 2020
Corporal Punishment And Its Effect On Children - 1860 Words
Naif Alharthi Jeremiah Hawn Reading/Writing L9 17 March 2015 Corporal Punishment by Spanking in Children Corporal punishment is hared way for children. According to Carol Bower, in the article Positive Discipline and a Ban on Corporal Punishment Will Help Stop Cycles of Violence. parents rely on corporal punishment on their children because violence is an acceptable way to solve problems. ââ¬Å"The data showed that 57% of parents with children under 18 used corporal punishment, and 33% used severe corporal punishment in the form of beatingsâ⬠(Bower). Many parents chose to use corporal punishment on children by giving harsh spankings. This research paper will show the corporal punishment against children by Spanking. Corporal punishment is inhumane and goes against human rights. Parents must not use corporal punishment on their children, so parents have to define the best way to avoid corporal punishment by using a nonviolent way of discipline. Corporal punishment is used in bad way by parents. According to CNN, in the article Physical P unishment Doesn t Help, It Hurtsâ⬠if children get punishment from their parents, it is harder for them to interact with society and it can also lead to potentially dangerous psychological issues. After that parents cannot find solution to avoid it. ââ¬Å"Corporal punishment teaches that violence is an appropriate response to problems or frustrations with people and that can lead to a cycle of violence and victimization in the child s futureShow MoreRelatedCorporal Punishment And Its Effect On Children1587 Words à |à 7 PagesThe term corporal punishment is defined as the use of physical force with the intention of causing a child to experience pain, but not injury, for the purpose of correction or control of the childââ¬â¢s behavior Seven nations Sweden, Finland, Denmark, Norway, Austria, Italy and Cyprus-have laws making it illicit for parents to utilize physical discipline on their children. Corporal punishment in schools has been banned in every one of the nations in Europe, South and Central America, China and JapanRead MoreCorporal Punishment And Its Effect On Children1708 Words à |à 7 Pagesviewpoint on corporal punishment; some of the reviews take a look at who is most affected by corporal punishment in terms of focusing their lens on race, socio-economic status, gender, culture etc. Some also take a critical look at the advantages and disadvantages of corporal punishment. Some take a look at the widespread of corporal punishment in the US. Cases against corporal punishment and the effect of corporal punishment on children were also looked into. With all the different ways corporal punishmentRead MoreCorporal Punishment And Its Effect On Children1617 Words à |à 7 Pagesof any childââ¬â¢s life is a huge determinate of what their future will turn out to be. Parenting styles are the normative prototypes that parents utilize to socialize and manage their children. Different parents employ different styles of discipline to ensure that their children develop to be all-rounded adults. Children who have been nurtured well by their parents turn up as self-regulated with disciplined behavior. Child discipline is thus a key parenting skill, and the choice of discipline styleRead MoreThe Effects Of Corporal Punishment On Children932 Words à |à 4 PagesChildren and Corporal Punishment Punishing children has been one of the most controversial parenting topics this generation has seen. Physical punishment or corporal punishment is simple defined as the use of physical force with the purpose of initiating pain, but not wound, to teach the proper behavior of a child. Corporal punishment has been used for many centuries in schools and in homes but the use of such techniques have since decreased and are not being used in many places today. EvidenceRead MoreThe Effects Of Corporal Punishment On Children2225 Words à |à 9 Pagesinternet that will point out the simple pros and cons of Corporal punishment. Many children psychologists state that violence will always produce violence, it will never reduce aggression. This is a generally accepted fact that has been proven and studied for decades. Will someone such as a child, not act out against an aggressor because of the natural drive to preserve their inherited material? There are usually four things that children who have experienced child abuse will do in later years. OneRead MoreCorporal Punishment And Its Effect On School Children1251 Words à |à 6 Pagesdistribute our findings so that all of the public cannot ignore the wholesale infliction of pain and suffering onto our school children, and the role ââ¬Å"paddlingâ⬠schools play in teaching our children that physically aggressive and coercive resolutions of conflict are legitimate. Contributing to the problem of violence by making children feel rejected and isolated, corporal punishment is unsafe in and of itself, but its discriminate application may be co-incident with problems unique to racial and genderRead MoreEffects of Corporal Punishment on Children Essay868 Words à |à 4 Pagestrait both in and out of their homes. Misbehaving children cannot be avoided as they are curious little beings and they have a tendency to explore. But there are some parents, even teachers, who do not tolerate misbehaving and they resort to corpora l punishments such as spanking to make sure the child never forgets how painful it is to misbehave as they will remember the punishment entailed to it and become more disciplined. However, not all children would understand the logic of the parent and theRead MoreThe Effects Of Corporal Punishment On Children953 Words à |à 4 Pagesmany views of the past relating to corporal punishment have changed significantly. During my readings I read things that instantly stood out to me. The first being how many issues and their solutions revolved around religion. John Wesley, was the founder of the Methodist Movement, and he believed that children were born with sin and that it was the parental duty to discipline the unruly child, starting at an early age. During this time period, corporal punishment was a common practice. Wesley usedRead MoreEssay on Effects of Corporal Punishment on Children1943 Words à |à 8 Pagesspanking. Whichever terminology is used to help define corporal punishme nt, it all means the same. The very idea of physical discipline is based on an adult using his or her larger physique and power to intimidate and force someone much smaller and weaker into a state of compliance (Rathis, 2007). In the western culture, they publically frown at people who use their physical power to dominate someone smaller, yet when it comes to their children they take a pass, turn their heads, and call it spankingRead MoreThe Effects Of Parental Corporal Punishment On Children1499 Words à |à 6 PagesAbstract This paper will explore published recent articles that talks about young children and their eyes being glued to screens. Many articles have different purposes of why children are so addict to an in motion screen, but Marcia Eckerd found the problem and solution to why this is a number one cause in our world today. There are creative ways in children that makes their mind wonder in a way to pay more attention to what is going on in the community and how to learn from it. Technology can
Accounting Decision Making Largest Gas and Electric Retailer
Question: Discuss about the Accounting Decision Making for Largest Gas and Electric Retailer. Answer: Introduction Genesis Energy Ltd Genesis Energy Ltd, formerly known as Genesis Power Ltd is an electricity and electricity generation, LPG and natural gas retailing company. It is a diversified energy company and it provides services through Customer Experience Business. It generates electricity through several groupings of natural gas, electricity, trade and assets. It is deemed as New Zealands largest gas and electric retailer, supplying energy to more than 650,000 customers across New Zealand. It focuses on keeping and attracting valuable commercial, residential and industrial customers throughout the country. For thermal generation throughout the country, it has two modern gas fired and two coal or gas fired generating units. In terms of capacity, the Huntly Power Station has the largest one (Genesis Energy Ltd, 2015). The main motive of the company is to appropriately meet the demands of all their customers and for this; it assists them effectively through a customer care center and generates energy at the lowe st cost possible. It also aims to enhance the value of its excess thermal generation capacity during scenarios of higher prices of electricity. Performance evaluation It can be observed from the annual report of Genesis Energy that it reported net profit of $104.8 million in 2015 that is significantly higher than $49.2 million in comparison to 2014. Due to such profits, the company was satisfied that it could pay the estimated final dividend of shareholders amounting to $80 million. It can also be seen that in 2015 there was a decline of $2.3 million in the current assets of the company in comparison to 2014. The reason behind such was because of reduction in inventories and cash. Furthermore, the current liabilities of the company also increased due to excess borrowings by the company. It also depicted an EBITDAF of $344.8 million in the financial year 2015 that is higher than that of $307.8 million in 2014. The reason behind such satisfactory financial performance is because of regular attention towards capital expenditure debts and costs. In terms of net debt, the company witnessed a three percent decrease in the net debt amounting to $937.2 mi llion as at 2015 (Genesis Energy Ltd, 2015). AGL Energy Ltd From more than 175 years of experience, AGL Energy Ltd provides, solar PV, electricity, gas and related products and services to around 3.7 million customers across New South Wales, Queensland, South Australia and Victoria. It is one of the leading integrated energy companies of Australia and the largest ASX listed developer, operator and owner of renewable energy generation in the country. It aims to provide customers with affordable and secure energy but not compromising with the needs of reducing greenhouse gas emissions. In the last years, it has initiated a vertical integration plan by giving more attention to electricity. Due to such plan, it can now concentrate on 10000 MW capacities also. Its widespread power generation portfolio comprises of intermediate and peaking generation plants, spread across renewable sources as well as traditional thermal generation including wind, hydro, solar, landfill gas and biomass (AGL Energy Ltd, 2015). It also invests in and operates producti on and development tenements, natural gas exploration and storage facilities. Performance analysis It can be observed that the wholesale market operations, key generation assets and portfolios of customers portrayed a powerful underlying profit outcome. This depicts that the company focuses on driving value and operational execution through cost and margin discipline at a similar time as the company develops. The operating EBIT of the company increased from $1004 million to $1126 million in 2015 (AGL Energy Ltd, 2015). A major highlight of the company depicts that the regulatory revenues were affected by variations in many significant items including the expenses of assets impairment of main upstream gas and Macquarine Generation Acquisition. The profits of the company increased in the year 2015 in comparison to 2014 which portrays a significant enhancement. Due to such increment, even the expenses of the company gradually increased. Taking into consideration the current assets and liabilities of the company, it can be seen that in 2015, current assets amounted to $3459 million th at is potentially higher than that of $3411 million in 2014. Similarly, the current liabilities of the company also enhanced due to greater borrowings that is from $45 million in 2014 to $443 million in 2015 (AGL Energy Ltd, 2015). In terms of cents, the dividend per share also increased from 63 in 2014 to 64 in 2015. Both the fixed assets and issue share capital also witnessed a growth in 2015. Analysis of the trend Profitability ratio AGL Energy Ltd. Return on Assets Return on Assets is a profitability ratio that indicates the manner in which the assets are utilized (Choi Meek, 2011). From the above computation it is projected that ROA of AGL has declined and this is attributed due to improper performance and utilization of the assets. Net profit margin The net profit margin indicates the profit earned by the company. It highlights the performance in terms of profit. However, it is seen that the net profit margin has declined and this is attributed to addition of new items in the financial statements that have impacted the profit capacity (Christensen, 2011). Genesis Energy Limited Return on Assets The ROA of Genesis has increased indicating that the assets were utilized in an effective hence, a strong increment is witnessed. It is a positive scenario for the company and stresses that the management is performing in an effective manner. Net profit margin The ratio has shown a sudden jump and hence proves that the company has made commendable profit. In comparison to AGL Ltd it has outperform. The strong jump in profit is owing to sharp increase in net income. Liquidity AGL Energy Ltd Current ratio When it comes to liquidity, current ratio is vital as it provides an indication regarding the skill of the company to honor the obligations. The standard ratio is 2:1 (Deegan, 2011). However, in the case of AGL, the ratio has declined and strikes a liquidity issue. This is due to strong increment in current liabilities. Quick ratio Quick ratio is a better representation of the liquidity as it excludes stock and hence it represents that the company can repay the amount without locking in the stock. Standard ratio is 1:1 and the company is just close to it. It denotes a strong liquidity of the company (Kaplan, 2011). Genesis Energy Limited Current ratio Just like AGL Ltd, the current ratio of Genesis has dropped and this can be cited due to high increment in the current liabilities. The ratio is not close to the base ratio and hence, is a high alert for the management. Quick Ratio As per the computation of quick ratio it can be seen that the company is striving to achieve the base ratio and its beneficial for the company in terms of liquidity. Hence, it has shown better ratio as compared to AGL ltd. Solvency Ratio AGL Energy Ltd Debt Equity Ratio The Debt ratio indicates the proportion of debt that is utilized in the company. Higher debt ratio is dangerous for the company because the claims of shareholders will be more (Davies Crawford, 2012). The debt equity ratio of AGL Energy Ltd has dropped indicating less stress on debt and is close to 0.50 which is the ideal ratio. The company has an optimum combination of equity and debt. Equity ratio The equity ratio denotes the reliance on the factor of equity. From the ratio it is observed that the equity ratio has enhanced which is positive news for the company. As per Graham Smart (2012) higher level of equity ratio is beneficial for the company. Genesis Energy Ltd Equity Ratio Genesis energy Ltd has low debt equity ratio and has increased marginally in 2015. It is to be noted that it has more reliance on equity and utilizes a very low level of debt. It can enhance the ratio till .50 so as to use the optimum debt ratio. However, AGL Energy Ltd utilizes the equity and debt in an optimum manner. As per the general notion, an increasing or higher level of equity ratio is best for the company. Genesis has an equity ratio of above 0.50 which is positive in nature (Brigham Daves, 2012). A slight fall can be witnessed in the ratio owing to a drop in the level of total assets. Market performance AGL Energy Ltd Market performance Earnings per share in 2014 96.9 Earnings per share in 2015 96.4 Dividend per share in 2014 63 Dividend per share in 2014 - 64 Genesis Energy Ltd Market performance Earnings per share in 2014 4.92 Earnings per share in 2015 10.49 Dividend per share 6.6 Dividend per share - 8 The market performance of a company is vital because an investor peep to this numbers when it comes to evaluating the company (Brealey et. al, 2011). The Earnings per share of AGL Energy Ltd has declined marginally while the EPS of Genesis has shown a great bounce. In this scenario, Genesis has outperformed. On the other hand, dividends of both the companies are satisfactory and project a strong performance. But, it needs to be noted that the dividend of Genesis has shown better growth. Recommendation In the light of the above discussion it can be said that the result of both the companies are satisfactory and stresses on the strong fundamental factor. But, while recommending it can be said that Genesis has shown remarkable results and is striving for better results. The annual report clearly indicates that it I focus more on development that has enhanced its level. From profitability to market performance it can be said that it has better performances as compared to AGL Energy Ltd. As per the trend, the investment in Genesis will fetch more returns as compared to AGL Energy Ltd. Conclusion The above report clearly stresses on the fact that there is a cut throat competition between AGL Energy Ltd and Genesis Energy Ltd. However, the above report shows that Genesis is better placed in the market and the evaluation is an evidence of that. The selection of Genesis for investment will prove to be profitable as the company is showing rapids signs of development. Further, the expansion mode of Genesis is another factor that needs to be taken into consideration. However, AGL needs to concentrate on few ratios to have a better show. References AGL Energy Ltd 2015, AGL Energy Ltd Annual Report and accounts 2015, viewed 30 August 2016, https://www.asx.com.au/asx/research/company.do#!/AGL Brealey, R., Myers, S. and Allen, F 2011, Principles of corporate finance, New York: McGraw-Hill/Irwin. Brigham, E. Daves, P 2012, Intermediate Financial Management , USA: Cengage Learning. Choi, R.D. and Meek, G.K 2011, International accounting, Pearson . Christensen, J 2011, Good analytical research, European Accounting Review, vol. 20, no. 1, pp. 41-51 Davies, T. and Crawford, I 2012, Financial accounting, Harlow, England: Pearson. Deegan, C. M 2011, In Financial accounting theory, North Ryde, N.S.W: McGraw-Hill. Genesis Energy Ltd 2015, Genesis Energy Ltd 2015 Annual Report and accounts 2015, viewed 30 August 2016, https://www.asx.com.au/asx/research/company.do#!/GNE Graham, J. and Smart, S 2012, Introduction to corporate finance, Australia: South-Western Cengage Learning. Kaplan, R.S 2011, Accounting scholarship that advances professional knowledge and practice, The Accounting Review, vol. 86, no.2, pp. 367383.
Monday, April 20, 2020
Was Daniel OConnell a Great Irish National Leader Essay Example
Was Daniel OConnell a Great Irish National Leader Essay The rebellion of 1798 and the Act of Union in 1800 had dashed the hopes of the Catholic leaders on the Irish Question, the Catholics were in a state of vassalage and they were still pariahs compared with the Protestants. Many of the leaders had accomplished very little and their prospects of success looked very bleak, they were even willing to support a compromise Emancipation Bill which, even though granted political and civil rights to the Catholics, included a veto which allowed the British government the right to vet ecclesiastical appointments to the Roman Catholic Church in order to ensure that only loyal clerics were appointed. But Daniel OConnell, an unknown Catholic lawyer, denounced the bill and inaugurated a different policy that soon gave the Catholic movement an energy it had not possessed before. With the failure of the 1821 Catholic Emancipation Bill (which included the above veto) to pass through the House of Lords, OConnell and his supporters set up the Catholic Association in 1823 as a pressure group campaigning for full civil and political rights for the Catholics. But it was in 1824 where OConnell introduced Catholic Rent of a penny a month that was collected by priests from the supporters and enabled the small pressure group to transform into a national mass movement with huge support from the Irish peasantry. The Catholic Association was able to represent the popular voice of Ireland due to its cheap subscription of a penny a month which many people could afford as 80% were living in dire poverty, other associations were not so successful as they were only made up of the small Irish middle class. We will write a custom essay sample on Was Daniel OConnell a Great Irish National Leader specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Was Daniel OConnell a Great Irish National Leader specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Was Daniel OConnell a Great Irish National Leader specifically for you FOR ONLY $16.38 $13.9/page Hire Writer The massive subscription allowed the Catholic Association to have sizeable funds that equated to à £35,000 between 1826 and 1829, this enabled the Association to pay for leaflets, posters and even to be able to run their own newspaper which all helped to spread the message throughout Ireland. OConnell also realised the important role of the priests who not only collected the rent but also influenced the people to join the Association. One of the Associations most effective methods of generating awareness was by holding massive open-air meetings that OConnell addressed himself. OConnell, using his skill as a lawyer, was an excellent orator and was known to the peasantry as the Deliverer as he demanded justice for Ireland and full Catholic Emancipation. OConnell was very successful with the Catholic Association as he was able to successfully mobilise the masses and use the open-air meetings to veil his threats to the British government. He threatened the British with mass disobedience, possible violence and eventual separation if their demands were not met. This was a policy of brinkmanship which OConnell used successfully to exploit his mass following. In 1828 brinkmanship was used in the County Clare Elections where OConnell decided to stand as candidate, with the backing of the Association and local priests, the Catholic voters defied their Protestant landlords and OConnell won the seat with ease. This posed a huge problem for the government as OConnell would not have been able to take a seat in the commons without a change of law, so effectively he forced Catholic Emancipation on Peel. Peel backed down after realising the threat of civil disorder and pushed emancipation through the House of Lords, the Lords passed the Catholic Emancipation bill by a two to one majority and it became an act in 1829. The Act allowed full civil and political rights to Roman Catholics and was OConnells greatest achievement as this was what the Association had set out to achieve. He claimed to a friend one of the greatest triumphs recorded in history- a bloodless revolution. In 1840 OConnell began the Repeal Campaign which was very similar to the Catholic Association and employed similar methods such as the Repeal Rent. But unlike the Association it collapsed as OConnell himself was not too committed with the Campaign and also the Catholic middle classes were more concerned about economic gains from the Union. OConnell again used his policy of brinkmanship but this time it was not successful, in 1843 the monster meeting in Clontarf was banned by Peel and Peel threaten military action by sending a small army and a naval ship. In this confrontation we see the limitations of mass mobilisation and brinkmanship as OConnell is forced to back down, as he is not prepared to back up his rhetoric with violence. So the Repeal Campaign was a failure for OConnell. The Catholic Emancipation Act of 1829 had an important impact on Westminster as it led to the split of the Tory Party with the emergence of the new Whig Party, and also allowed 33 OConnellites to take seats in the House of Commons. The Irish Party looked set to continue increasing its size with the passing of the Great Reform Act in 1832 which increased the franchise, but in fact only an extra 9 OConnellites were elected. The main reason for this was because the franchise was increased from 40 shillings freehold to a à £10 householder suffrage which dramatically reduced the Irish electorate to a sixth of its former size. Nevertheless the Irish Party still had an impact on the House of Commons where they put the Irish Question on the agenda and raised awareness in Britain, but they were also an important third party as it was their support which allowed the Whigs to get the Great Reform Bill through Westminster. This was the beginning of the Whig-Irish alliance. In 1813 OConnell said: I have an ultimate object, it is the Repeal of the Union and this was clearly what OConnell wanted to achieve through Parliament but this was not popular outside of Ireland. Therefore OConnell turned his attention to reforms for Ireland and the Whigs did address some of the Irish grievances by introducing a grant for education in 1831 and by passing the Irish Church Bill they reformed the unrepresentative Church of Ireland. OConnell saw, with the massive defeat of the Repeal Bill in 1834, that Irish reforms was all he could achieve even though his partys support was crucial, after 1834, for the Whigs to stay in power. In February of 1834 OConnell was invited to sign The Litchfield House Compact which was an agreement between the anti-conservative forces (Whigs, radicals and Irish) in British politics to form a coalition and oust Peels minority administration. This gave OConnell some political leverage which he used to get reforms. This allowed him to make a significant impact on Parliament and permitted him to achieve something for Ireland, though it was not much and none of the reforms dealt with the fundamental problems of the Irish economy and society. Though the year 1840 shows the decline of the Whig-Irish alliance as in 1841 Peel returned to office with a majority and the Irish Party lost its significance and thus also lost its impact on Westminster. There were major political differences between Peel and OConnell and Peel personally hated OConnell so the Irish Party were unable to cooperate with the new government. This shows that OConnell only made an impact during hung parliament where his partys support was the deciding factor. Though OConnell did achieve some reforms, these included the Irish Poor Law Act which set up workhouses in 1838 and he used his political leverage to persuade Thomas Drummond to reform the police and the judiciary in Ireland. Even though Daniel OConnell failed to achieve the Repeal of the Union he was still a great leader, he had built a rapport with the masses and began the first effective pressure group by forming the Catholic Association. But instead of becoming a great Irish national leader, he became a great Irish national Catholic leader as he rather divided the two religious communities with methods such as the Catholic Association. OConnell achieved a lot for Ireland, making an impact on the parliamentary scene and helped to bring about some legislative reforms, though his greatest accomplishment was the Catholic Emancipation Act. But after 1840 he failed to achieve anything more as the Repeal Campaign was a dismal success and he was politically impotent during the Great Famine.
Sunday, March 15, 2020
SWOT, PESTEL and Porter Analysis of Diggers Inc. The WritePass Journal
SWOT, PESTEL and Porter Analysis of Diggers Inc. Introduction SWOT, PESTEL and Porter Analysis of Diggers Inc. IntroductionMarket Orientation:The historical development of market orientation:Market orientation in the USA and Europe:Organizational and managerial characteristics of market-orientated companies:Implanting market orientation in organizations:SWOT AnalysisStrengths of Diggers Inc:Weaknesses of Diggers Inc:Opportunities for Diggers Inc:Threats of Diggers Inc:SWOT analysis of CATStrengths of CAT:Weaknesses of CAT:Opportunities for CAT:Threats of Diggers Inc:PESTLE Analysis of Diggers Inc:Political EnvironmentEconomic Environment:Social Environment:Technological Environment:Marketing Mix:Nature of Marketing-MixReferences:Related Introduction Market Orientation: Market orientation is the implementation of the marketing concept. Being oriented marketing is more than just being directed to the customer. It requires the full support of the organization, is fully implemented in the long term and, in fact, you may need a complete change in the culture of an organization. The historical development of market orientation: A parallel can be drawn between the development of an organization and a national economy. Market orientation develops through stages, especially, production, sales and market orientation may be related to supply and demand relations and conditions of competition. Market orientation in the USA and Europe: The development of market orientation was different between the U.S. and Europe, the first, in late 1950, was beginning to recognize the need to put the customer first. In Europe, for its part, the marketing development later due to IInd world war, delay in market integration, heavy regulation, public sector involvement, a strong national identity, the projectionist trends, differences in language, traditions and business practices and a dilatory approach to marketing education. Organizational and managerial characteristics of market-orientated companies: The dilemma of meeting the needs of clients and organizations need to be explored. Research has identified two types of organizations and market orientation: type A and type B-. We must also recognize that the management of a company play a key role in guiding the market and there is indeed a strong relationship between marketing orientation and organizational learning. Implanting market orientation in organizations: The role of management in market orientation can be explored. Market orientation requires a strategic commitment to the organization. It may also require several changes that need to be managed. The guidelines and action plan for the implementation of market orientation can be explored. The growth of their business is based upon a strategy of pure diversification into related business areas, and a true belief throughout the Diggers Inc organisation ââ¬Ëtop-downââ¬â¢ of being customer orientated. The marketing activities are carried out under a well-thought-out philosophy of efficient, effective, and socially responsible marketing of DIGGERS. In fact, there are five competing concepts under which organizations conduct marketing activities: production concept, product concept, selling concept, marketing concept, and societal marketing concept. As the product concept, this has led to more than 300 individual products are now available to meet real customer needs. The marketing concept excavators enlists the help of 680 dealers around the world (26,800 troops), which have a long and established history of working closely with them for many years. Most of them are locally owned businesses and independent. This is often to provide not only considerable added value, but also a competitive advantage, as the distributors work closely with people who know and trust, in areas they know well. Dealers offer a service and spare parts, and financing, while a network of more than 1200 outlets worldwide offering a rental service excavators Inc. To support all this, the infrastructure has 23 distribution centers located in 11 countries, fully supported by the Diggers Inc Team Training Division. SWOT Analysis A tool used by organizations to help the company establish its Strengths, Weaknesses, Opportunities and Threats (SWOT). (Kotler, 1988: 80.). A SWOT analysis is used as a framework to help the company develop its overall corporate marketing or product strategies. Strengths and weaknesses are internal factors that are controllable by the organization. Opportunities and threats are external factors that are uncontrollable by the organization. Caterpillar ââ¬Å"CATâ⬠isà considered as the big competitor of Diggers due its product line andà company size. In terms of Diggers Inc, its SWOT analysis is as under: Strengths of Diggers Inc: It offers more than 300 products for the real need of its customers. It has 680 dealers worldwide to sell their products. It has 75000 personnel workforce, worldwide. The dealers work closely with people they know well and trust, in areas/regions they know well. To support all this, the infrastructure has 23 distribution centres located in 11 different countries. Weaknesses of Diggers Inc: As the companyââ¬â¢s base business is machinery so it will be very difficult to go in new product line. Diggers Inc has a reputation for new product development and creativity. However, they remain vulnerable to the possibility that their innovation may falter over time. The organization has a strong presence in the UK and United States of America with more than three quarters of their outlets located in the home market. It is often argued that they need to look for a portfolio of countries, in order to spread business risk. The organization is dependent on a main competitive advantage, the retail of machineries and engines. This could make them slow to diversify into other sectors should the need arise. Opportunities for Diggers Inc: ââ¬ËDIGSââ¬â¢ name becoming a worldwide clothing and footwear brand. Diggers Inc can expand its business to 3rd world countries. Diggers Inc has differentiated again with the ââ¬ËDIGSââ¬â¢ name becoming a worldwide clothing and footwear brand. Threats of Diggers Inc: New entrants threats is always present for the Diggers Inc CAT can be a big threat for the Diggers Inc. Government policy e.g. taxation, laws can be big threats. SWOT analysis of CAT Strengths of CAT: It offers more than 300 products for the real need of its customers. It is spread in 23 counties worldwide to sell their products. It has 28310 personnel workforce. To support all this, the infrastructure has 60 distribution centres located in 23 different countries. Weaknesses of CAT: As the companyââ¬â¢s core business is related to machinery and engine manufacturers, so it will be very difficult to go in new product line. Diggers Inc has a reputation for new product development and creativity in engineering sector. However, it may be possible that their innovation may not work in new SBUs. The organization is dependent on a main competitive advantage, the retail of machineries and engines. This could make them slow to diversify into other sectors should the need arise. Opportunities for CAT: CAT name becoming a worldwide footwear and Clothing (trousers and caps) brand. CAT has strong grip in 3rd world countires including India and China. CAT is known for its name and logo can be in cash for marketing activities, where appropriate, in terms of new product line. Threats of Diggers Inc: New entrants threatsà from BRIC block is always present for CAT, specially from China. CAT can be a big threat for the Diggers Inc. Government policy e.g. taxation, laws can be big threats. PESTLE Analysis of Diggers Inc: PEST LE of PEST analysis, as an analysis framework of macro-environmental factors, is also referred as STEP (Clulow, 2005), SEPT (Narayana and Fahey, 1994: 199-202) or STEEP (Voros, 2001). According to Ward and Rivani (2005), PEST analysis assumes that specific external and indirect circumstances that characterized the business environment are able to influence organizational capacity to produce value.à It is important to identify factors that in turn can affect a number of vital variables that can influence the organizations supply and demand levels and costs. The radical and permanent changes occurring in society create an environment of uncertainty and have an impact on the function of the entire organization. A series of checklists have been developed as a way of cataloging the large number of potential problems that may affect an industry. A PEST analysis is one of them is not a framework that categorizes environmental influences as political, economic, social and technologic al. Sometimes two additional factors, environmental and legal, will be added to make PESTEL analysis, but these issues can be subsumed under others. The analysis examines the impact of each of these factors (and their interaction with others) in the business. The results can be used to exploit opportunities and making contingency plans for threats in the preparation of business and strategic plans claims that PEST analysis is a strategic tool for understanding market growth or decline, business position the potential and direction of operations. Political Environment Political Environment is the laws, official regulations, rules and guidelines some of which are designed to protect people, consumers and communities. Some are designed to make contracts enforceable and to protect property rights. Many are designed to regulate the behavior of the managers and their subordinates. There is relatively little that a manager can do in any organization that is not in some way concerned with, and often specifically controlled by, the existence, introduction or change in laws or regulations. In terms of Diggers Inc, the political environment is suitable and stable in Europe and USA. However, in UK where the recent increased in Tax and new legislation from the Conservatives, central bankââ¬â¢s interest rates can also affect the buying power of customers. Economic Environment: After the latest episode of recession, the economy is recovering slowly, which also can affect the buying power of the customers due to less launching of new development projects in UK. (Guardian, 2010). The Inflation rate has increased to 3.4% which is also a negative sign for the UKââ¬â¢s economy. Source: ââ¬Å"statistics.gov.uk/cci/nugget.asp?id=19â⬠Social Environment: The living standard of dropped and people are less spending due to cuts in jobs and inflation. Most of the UK people will be found on low price shops. Although the Diggers Inc has a good reputation in the market, yet itââ¬â¢ll face a huge competition from its revivals especially in clothing and shoes. Technological Environment: The technology is always changing rapidly, so that organizations must adapt quickly in terms of product and process, then convert resources and advances in the opportunities and competitive advantage. As the diggers Inc, has capacity to make any changes to your core business or new business units for its competitive advantage to others. From the above analysis, we conclude that although the Diggers Inc has much competition in its counterpart and revivals, however, is able to embrace change and increase business by building new strategic business units in the industry. To cope with the global recession, which has infected the spending of individuals, the Diggers needs to invest more in R D for diversified business areas, and should use outsourcing to maximize sales by offering cheaper products to its customers. Marketing Mix: According to Stanton, (2000) marketing mix is a combination of four elements (4Ps)Product, Pricing structure, Physical distribution system, and Promotional activities used to satisfy the needs of an organizationââ¬â¢s target market (s)and, at the same time, achieve its marketing objectives. Every business enterprises have to determine its marketing-mix for the satisfaction of needs of the customers. Marketing-mix represents a blending of decisions in four areas-product, pricing, promotion and physical distribution. These elements are inter-related because decision in one area usually affects actions in the others. The basic purpose to determining the marketing-mix is to satisfy the needs and wants of the customers in the most effective manner. As the needs of customers and the environmental factors change, the marketing-mix is also changed. Thus, marketing-mix is a dynamic concept. It concentrates on how to satisfy the needs of the customers. Marketing-mix is a combination of several-mixes. Marketing-mix encompasses product-mix (brand, quality, weight, etc.); Price-mix (unit price, discount, credit, etc.); promotion- mix(advertising, salesmanship and sales promotion); and place-mix (distribution channels, transport, storage etc) . Nature of Marketing-Mix Marketing-mix is the marketing managers instrument for the attainment of marketing goals. It is composed of four ingredients: (i) product, (ii) pricing (iii) promotional activities, and (iv) physical distribution. These elements constitute the core of the marketing system of a firm. A marketing manager implements his marketing strategies and policies through these instruments. As the diggers Inc, has developed a new range of scale models toys because the product is good and if not, there are many competitors in the market with different prices. Diggers is to lower the price of its new line of products in the toy industry. To promote the new product, it is necessary to launch the 3D characters in the same models launched. To do this, you must also movies like Transformers the Movie or Legend of the Planet to promote their product. It is also necessary to expand its channels to sell this new product. For this you need to make their presence every street. Branding is something used to show customers that one product is different than the products of another manufacturer. For branding its products, Diggers Inc is using ââ¬Å"I Love DIGS machinesâ⬠it is a novel concept to use this logo on the caps, T-Shirts, as the company used to deal in Machinery and engines prior, and has segmented itself to a particular group, itââ¬â¢s this marketing strategy will sketch a clear picture of the brand in the customersââ¬â¢ brain. References: Guardian.co.uk. ââ¬Å"Third quarter GDP: what the economists sayâ⬠[Accessed: 27/10/2010] ââ¬Å"guardian.co.uk/business/2010/oct/26/third-quarter-gdp-what-the-economists-sayâ⬠Kotler, P. 1988. Marketing Management. New York: Prentice Hall. Narayana,V. and Fahey, L (1994), ââ¬Å"Macroenvironmental analysis: understanding the environmentà outside the industryâ⬠. In Fahey, L. Randall, R. (Eds), The Portable MBA in strategy, 2nd edition, 189 ââ¬â 214, New York: Wiley Stanton. J, (2000) Marketing services to ethnic consumers in culturally diverse markets: issues and implications, Journal of Services Marketing, Vol. 14 Iss: 7, pp.607 618 Val Clulow, (2005) Futures dilemmas for marketers: can stakeholder analysis add value?, European Journal of Marketing, Vol. 39 Iss: 9/10, pp.978 ââ¬â 997 Vorvos, J (2001), ââ¬Å"Reframing environmental scanning: an integral approachâ⬠. [Online], standsadvisour.nl/buurtonwikkelaar/teks/env-scanning.pdf [Accessed 10/10/2010] Ward. D, Rivani. E, (2005), ââ¬Å"An Overview of Strategy Development Models and the Ward-Rivani Modelâ⬠.
Friday, February 28, 2020
Focus Report Research Paper Example | Topics and Well Written Essays - 1250 words
Focus Report - Research Paper Example The philosophy of crime prevention that I wish to push is to solve the problem at its source. Homeland defense and illegal immigration are inextricably intertwined in that much of the Homeland Defense policy of the United States has targeted illegal immigration. In a Working Paper entitled ââ¬Å"An Analysis of Migrant Smuggling Costs along the Southwest Borderâ⬠(2010) by the Department of Homeland Security, it was found that stronger enforcement mechanisms led to a rise in smuggling costs, thus effectively deterring illegal immigration across borders. Homeland defense and illegal immigration are inextricably intertwined in that much of the Homeland Defense policy of the United States has targeted illegal immigration. Much debate has raged over immigration policies in the United States. In the past, the United States had reached out with open arms to immigrants coming from distant shores, who want to make this country their home. As a result of this, we have seen America become a melting pot of cultures, offering its embrace to the poor and downtrodden. In many instances, however, social controversies had arisen as a result of the influx of immigrants. This is the current situation at hand. Conservative Americans say that the government has coddled illegal immigrants far too long, and given the current bleak state of the US economy, this is prejudicial to ordinary Americans citizens. Those of immigrant heritage, on the other hand, particularly the Latinos, call for less stringent immigration measures and continue to go to the US to escape the poverty and desperation in their home countries. Immigration policies are hotly contested and draw divisive lines across the nation. Peak (2009) has colorfully described illegal immigration efforts by the US government: The UAVs use thermal and night vision equipment to spot illegal immigrants; they can detect movement from 15 miles of altitude, read a license plate, and even detect weapons. In 39 days of border surv eillance, the UAVs led to the apprehension of 248 illegal immigrants and the seizure of 518 pounds of marijuana. The vehicles are waist-high, weigh about 1000 pounds, have a 35-foot wingspan, fly faster than 100 miles an hour and can stay aloft for 20 hours at a time. A major problem that illegal immigration has created is the drug problem. Terrorism is not simply an assault on freedom and democracy; it can equally be an assault on the individual by creating drug dependence that leads to other pernicious social effects. According to Peak (2009), ââ¬Å"more than half of all adult arrestees test positive for drug use at the time of their apprehension; their drug use prior to incarceration is typically chronic.â⬠The problem of illicit drugs in the United States must be viewed against the backdrop of a well-oiled international drug trafficking network that has sustained the addiction of drug users and has lined the pockets of those who profit from this addiction. Indeed, in order to address illicit drug use at its core, it is imperative to understand the workings of the drug trade ââ¬â the production, transport and distribution ââ¬â that takes place before eventual consumption. Many Americans assume that illicit drugs in the United States come from Latin America, without really understanding the dynamics between the drug cartels and the relationships of the players with each other. In truth, Colombian drug organizations and Mexican drug organizati
Wednesday, February 12, 2020
Case Study Example | Topics and Well Written Essays - 1500 words - 9
Case Study Example It would provide the functionality of Visitor Management System integrated with Social Security Cards. It is expected that the implementation of the ACS would be reliable and provide greater security for entry in the dormitory. It is identified that there are a total of hundred (100) dormitories in the hostel located near the college. The proposed system would be deployed at each dormitory of the college along with main entrance of the hostel. The modules of the project are based on the diverse fields include: the architectural, mechanical, information technology and electrical work. Moreover, the following table provides detailed work and equipment details with allied accessories required to deploy the ACS in dormitories (Case Western Reserve University, 2007). After gathering the requirements, the first task is to develop the plan for various components of the project. In this main task / process, the subtasks include development of project plan considering the cost and duration of the project (given below), resource plan, financial plan, and quality plan. The following figure shows the Project plan developed in Microsoft Project. The commencement date of the project is 12th May 2014; however, it would be completed on 10th July 2014. There are in total five major tasks, each with two-four (2-4) subtasks as given below: 2.3 The second task of the project is to procure all the equipment required for successful implementation of the project as prescribed above. The subtasks of the procurement include: the development of Request for Proposals (RFP), publish RFP, meetings for evaluation of technical and financial proposals received from different bidders. The same has been reflected in the project plan. 2.5 All the procured equipment would be installed in the dormitories of the hostel. The subtasks of the installation task of the project includes: installation of
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