The Psychological Effects of Child Abuse - 731 Words

The Psychological Effects of Child Abuse A recent study has found that five children die daily, due to abuse and neglect. According to the World Health Organization, â€Å"Studies show that psychiatric disorders and suicidal behavior are side effects of violence towards infants and younger children. Some of damaging behavior caused by abuse includes the following: Depression, alcohol and drug abuse, smoking, anxiety disorders, aggression and violence towards others, risky sexual behaviors and post-traumatic stress disorders† (Violence and Injury Prevention ). This document will examine the psychological effects of child maltreatment. Immediate Effects of Child Abuse Physical abuse is behavior that results from a complex web of attitudes, variables, and factors. It is difficult to predict accurately which families might be abusive and which might re-offend. Some of the physical effects of child abuse include the following: †¢ Unexplained burns, cuts, bruises, or welts in the shape of an object †¢ Bite marks †¢ Fractures †¢ Head and internal injuries †¢ Anti-social behavior †¢ Problems in school †¢ Fear of adults Long-Range Effects of Child Abuse According to an article on ChildHelp, â€Å"36.7% of all women in prison and 14.4% of all men in prison in the United States were abused as children. [And] one third of abused and neglected children will later abuse their own children, continuing the horrible cycle of abuse† (Immediate Effects of Child Abuse). †¢ In 2011, approximatelyShow MoreRelatedPsychological Effects of Child Abuse Essay1237 Words   |  5 Pagesconnecting with what the child sees. Furthermore, psychologist use a strategy of taking small steps in the overall treatment. Sadly, over the years, there’s been an increase in the volume of cases that psychologists see each year. Domestic violence has increased over the years and has become a major issue for the children that live through it. In a study organized by David Wolfe, researchers concluded that from 1990 to 1993, there was an increase of 256,112 child abuse cases (Wolfe11). In a moreRead More Psychological Effects of Physical Child Abuse Essay2143 Words   |  9 Pages Physical child abuse has grown dramatically in recent years. There are news stories about children being abused or neglected everyday. Physical abuse will cause the child to have many psychological effects throughout life. Although people might not realize, society can impact an abused child dramaticlly either positively or negatively. Even though there are many things wrong with child abuse, there are many controversies over how serious it is and how to prevent it from happening. Although thereRead MoreChild Sexual Abuse And Children1301 Words   |  6 PagesChild sexual abuse effects tens of thousands of children, and young teens every year. With the rate of this issues, parents and other adults are not prepared nor willing to deal with problems of their children or family members been sexual abused. Child sexual abuse can take many forms, but it’s always a violation of a young person’s rights, and it increases the risk of many adverse physical and mental health conditions. Furthermore, child sexual abuse is defined as direct genital contact and indirectRead MoreThe Connection between Child Abuse and Crime Essay1055 Words   |  5 PagesEvery year, child abuse and neglect affect more than one million children nation-wide (Currie and Tekin 1). Along with this, child abuse is the source of severe injury to more than 500,000 children and the death of over 1,500 children (Currie and Tekin 1). These outrageously large numbers reveal the extent to which child abuse and neglect impact society; however, they do not acknowledge the effect abuse can have on a child’s life and the repercuss ions that may occur in both the individual’s childhoodRead MoreChild Abuse And Its Effects On Children1317 Words   |  6 PagesChild abuse has long been an ongoing social problem; this abuse has been one of the repeatedly difficult accusations to prove in our criminal justice system. Child abuse causes many years of suffering for victims. Children abused suffer from chemical imbalances, behavioral issues and are at high risk for becoming abusers or being abused in adult relationships. This cycle of learned behavior and suffering will be a hopeless reoccurring problem unless the criminal justice system and protocols for abusersRead MoreNegative Impact Of Postpartum Depression1413 Words   |  6 PagesDepression on Child Abuse Introduction: This psychological and behavioral study will analyze the impact of postpartum depression on women and the problem of child abuse related to this condition. Case studies find the circumstances of postpartum depression in women is directly related to the issue of previous child abuse and PTSD that have a negative impact on the newborn child. These factors define a significant correlation with postpartum depression in 1 out 9 women and later problems of abuse betweenRead MoreEffects Of The Abuse On Young Adults1694 Words   |  7 PagesChild abuse is an all too common practice in the United States with over six million children affected every year (Centers for Disease Control and Prevention, 2014). In 2012, 82.2% of child abuse perpetrators were found to be between the ages of 18-44, of which 39.6% were recorded to be between the ages of 25-34 (11 facts about child abuse, 2015). Child abuse is a real problem in this world. Child sex abuse includes body contact, such as kissing and o ral, anal, or vaginal sex. Sex abuse can alsoRead More Investigating the Long-Term Effects of Physical Child Abuse Essay1057 Words   |  5 Pagesestimated 905,000 children were victims of child abuse or neglect in 2006(Child Welfare Information Gateway, 2008). In 1996, more than three million victims of suspected abuse were reported to child protective services agencies in the United States (Baker, 2002). The numbers have changed and still many cases of abuse go unreported. The number of incidences of child abuse rises when the family is under stress, such as being in our economy. The effects of physical abuse can last a lifetime and are measuredRead More Sexual Abuse and Young Children Essay example1740 Words   |  7 PagesAs reported in Child Maltreatment 2013, out of the estimated 905,000 victims of child abuse and neglect reported in the United States in 2013, 8.8% were victims of sexual abuse. 1 This means that in that year over 79,600 children were sexually abused in the U nited States. â€Å"There is general agreement among mental health and child protection professionals that child sexual abuse is not uncommon and is a serious problem in the United States.† 2 Sexual abuse has a very broad definition. AccordingRead MoreDomestic Abuse Essay1497 Words   |  6 PagesChild and domestic abuse is a serious matter which needs to have additional focus, especially in this day and age. Abuse is most often causes harm to others. Abuse may either be verbal, emotional, or physical or times all three. In today’s society there are many different types of abuse including, physical, sexual, emotional, psychological, and neglect. All these types of abuse can affect people in multiple different ways, creating anywhere from short term to long term notable effects in the person

Analysis of Millard Meiss´ Painting in Florence and Siena...

This book my Millard Meiss is addressing an area of study that is lacking. This text while informative is difficult to follow and the puts a lot of pressure on the reader to connect the dots. The content of the early renaissance can often be a difficult time in art history to nail down and discuss just because it is on the cusp of the late medieval and the renaissance itself. As any time of transition it can be difficult to understand what is happening in the world of art but may have been more convincing if he had placed this Tuscan period within the context of Europe as a whole at the time .This text by Millard Meiss helps the audience contextualize what was was happening in Italy after the black death and in doing so we understand the art world that much better. That being said the way in which Miess goes about making the argument that the art of this time is regressive, is problematic. In response to the question posed by this assignment how effective in my view is Millard Meissà ¢â‚¬â„¢s argumentation? I am coming from the stand point that his argument is not effective. His argument is problematic because it is unclear, difficult to follow, lacks cohesion, and puts too much work on the reader. These elemental issues with his writing and argumentation are what in my view render the argument Millard Meiss is trying to make ineffective throughout his text â€Å"Painting in Florence and Siena after the Black Death†. Furthermore, one of the major issues with the argument that Meiss is

Disadvantages of Urbanization free essay sample

As cities continue to beckon people from all nooks and corners of the globe, a pertinent question remains to be answered are our cities crumbling under the pressure? Urbanization, or rather, unplanned urbanization has led to the creation of several problems. Cities in developing countries, in particular, are home to the neo-urban dwellers, and are seen to be bearing the maximum brunt of it all. What follows are a few negative consequences of unstructured urbanization. Rising Levels of Pollution Cities have been invariably blamed for their contribution to the disturbing levels of pollution. Densely populated areas, coupled with a scant regard for environmental laws add to the woes. The urban populations daily commute costs the planet hard, with public transport systems failing to deliver, or people simply choosing luxury over sensibility and using private cars, which add to the emission of toxic fumes. Traffic congestion is a perennial problem, with no feasible solution foreseeable in the near future. We will write a custom essay sample on Disadvantages of Urbanization or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Huge cities create enormous amounts of waste, and the urban lifestyle includes creation of waste that is mostly non-biodegradable, thanks to the generous use of plastic wares. This leads to an unprecedented increase in the garbage that stays in our landfills, polluting the soil for years to come. Population Explosion Countries experiencing a steady growth in population have their specific problems to deal with. With this population growth centered in and around the urban areas, the problems are further narrowed. The rapidly increasing number of arrivals to the cities are proving to be unmanageable to the authorities, owing to lack of resources and organizational skills. The rising demand for space pushes the property prices higher, simultaneously paving the way for the creation of slums. Living conditions here take a definite beating due to the absence of basic amenities like safe drinking water, clean toilets, and drainage systems. High Cost of Living Living in a city does not come cheap, with people having to pay the added cost of transportation and taxes for regular commodities. Its not too hard to imagine a time when city dwellers will be asked to pay a tax on the oxygen they breathe. The swelling population makes every commodity pricey, and at the same time, leads to an influx of low-grade substitutes of food products, water, and even medical supplies. Costs of food, transportation, rents, and other necessities are perpetually on the rise, as their demand keeps exceeding the supply. Economic Disparity While the cities are a haven for the opportunity seekers, the unfortunate reality is that they are not handed out equally. Cities are the best places to view examples of economic inequality, where the rich keep getting richer, with the poor remaining the way they are. Extreme affluence and acute poverty live right next to each other in the cities, albeit grudgingly. At some point, this makes way for rebellion. Opportunities, or rather, their limited nature, translates into unemployment. As the population spirals out of control, the disenchantment is bound to increase, resulting in a flare-up of sorts. If theres one thing we fail to understand, it is the fact that every city has its limits, and burdening it will only cause it to burst at the seams. Increase in Crime Rates With the undue pressure that were putting on our cities each day, it is going to be nothing short of a challenge for the governing bodies to manage these sprawling metropolitan areas. Deftly managing densely populated areas is next to impossible, which raises issues regarding civic duties; law and order, in particular. As the city life pulls in all sorts of people, and allows for all sorts of activities to flourish, criminals, too, find their share of opportunities here. Street crimes go on to become common as the authorities find it tough to patrol cities that are crowded beyond limits. As the safety concerns increase, it is ultimately the citizens who have to bear the consequences. Urbanization, to be truthful, is an inevitable part of development, and it is our future. But, unless it is strictly governed and conducted in an organized manner, this growth can only spiral out of control and create further problems than solutions.

Teen Alcoholism Essays - Drinking Culture, Alcohol Abuse, Alcohol

Teen Alcoholism ?Too many college students have just one objective, ?to get drunk!? Campus alcoholism is an epidemic sweeping through colleges and universities at a rapidly growing speed. Even though it is illegal for a minor under the age of 21 to purchase or consume alcohol, that law has never stopped those who wished to drink. What used to be a social activity has radically changed to an unsafe pass time that eating away at student's money, school and health. A Harvard study showed that in 1993 only 38% of student's who drank, drank to become drunk. That number jumped to 52% who drink to become drunk, when polled in 1997. Yet alcohol is addictive for only a minority - an estimated 10 percent in the United States - of it users. For most drinkers alcohol is a relatively harmless social beverage. Even though the percent is small, too many students are spending weekends and weeknights drinking the nights away. Time is not the only commodity that kids are wasting on alcohol. Research shows that college students spend 5.5 billion dollars a year on beer and alcohol. That is over four billion cans a year and 430 million gallons annually. All that alcohol is enough for every college and university in the U.S. to feel an Olympic size swimming pool. Alcohol is an infinitely confusing substance. In small amounts it is an exhilarating stimulant. In larger amounts it acts as a sedative and as a toxic, or poisonous, agent. When taken in very large amounts over long periods of time, this combination chemical and drug can be damaging to cells, tissues, and organs. To further the confusion, alcohol is the only drug, which can also be classified as a food. Rich in calories and a potent source of energy for the body, alcohol is used by the cells to perform their complicated functions. Unlike most foods, however, alcohol contains negligible amounts of vitamins and minerals and contributes little or nothing to the cells' nutritional requirements. As a result, continual heavy drinking inevitably leads to malnutrition. The challenge to drink to the very limits of one's endurance has become a celebrated staple of college life. "What has changed is the across-the-board acceptability of intoxication," says Felix Savino, a psychologist at UW-Madison. "Many college students today see not just drinking but being drunk as their primary way of socializing." The reasons for the shift are complex and not fully understood. But researchers surmise that it may have something to do with today's instant-gratification life-style?and young people tend to take it to the extreme. In total, it is estimated that America's 12 million undergraduates drink the equivalent of six million gallons of beer a week. One simple fact people tend to lose sight of is that alcohol is a poison?often pleasurable, but a toxin nonetheless. And for a person with little experience processing this toxin, it can come as something of a physical shock. It can be extraordinary pleasurable and extraordinary painful. In general, a bottle of beer has about the same alcohol content as a glass of wine or shot of liquor. And the body can remove only the equivalent of less than one drink hourly from the bloodstream. It also is assumed by some that drinking to get drunk is a "guy thing," an activity that, like cigar smoking and watching televised sports, belongs in the realm of male bonding. Statistics, however, show that the number of heavy-drinking young women is significant. A Harvard study found that a hefty 48 percent of college men were drinkers, and women were right behind them at 39 percent. It is very rare for anyone, even a girl to pass up a chance of letting loose and having a little drinking fun. Due to the increase problems and awareness of campus drinking, college campuses are searching for ways to reduce consumption. Many offer seminars on alcohol during freshman orientation. Over 50 schools provide alcohol-free living environments. At the University of Michigan's main campus in Ann Arbor, for instance, nearly 30 percent of undergrads living in university housing now choose to live in alcohol-free rooms. Nationwide several fraternities have announced that by the year 2000 their chapter houses will be alcohol-free. However, researchers wonder if such "zero-tolerance"

10 Reasons Dinosaurs Make Bad Pets

10 Reasons Dinosaurs Make Bad Pets It seems that everyone these days is keeping dinosaurs as pets, what with supermodels tugging tiny Microraptors on leashes and pro football players adopting full-grown Utahraptors as team mascots. But before you fill out the paperwork at your local dinosaur shelter, here are some things you may want to consider. (Dont agree? See 10 Reasons Dinosaurs Make Good Pets.) 1. Pet dinosaurs are expensive to feed. If you dont happen to have a Cycad Hut or Ginkgo Emporium in your neighborhood, you might find it difficult to scrounge up sufficient vegetable grub for your pet Apatosaurus (and your neighbors probably wont appreciate him eating the tops of their shrubs). And do you know how many cute, fuzzy mice, rabbits and Labrador Retrievers the average Deinonychus goes through every day? 2. Its virtually impossible to teach a dinosaur tricks. Believe me, its easier to train your cat to clean your windows than to teach the average dinosaur to sit, fetch or heel. Your pet Ankylosaurus will probably just sit there on the floor and stare at you dolefully, while your teenaged Spinosaurus eats the drapes from the top down. (With a little persistence, though, you might be able to teach a purebred Troodon to roll over.) 3. Dinosaurs create a lot of poop. Unless you live smack in the middle of a turnip farm, you may have a hard time disposing of the hundreds of pounds of poop the average Triceratops generates every day. Flushing it down the toilet isnt an option, and neither is using it for insulation in your attic. Some pet owners have experimented with creating kiln-dried dinosaur-poop furniture, with mixed results. 4. No veterinarian will want to de-claw your dinosaur. For liability reasons, most municipalities require you to trim the claws of any raptors, tyrannosaurs or allosaurs residing in your household. Good luck getting a vet to do thisand, if you do miraculously find someone willing to take on this task, even better luck stuffing your Gigantoraptor into your Honda Odyseey  and shlepping it to the clinic. 5. Your pet dinosaur will want to sleep in your bed. In the wild, dinosaurs are accustomed to hunkering down in rotting foliage, urine-soaked sand dunes and ash pits strewn with rotting carcasses. Thats why the average Styracosaurus will insist not only on sharing your mattress, but layering on every freshly washed duvet cover in the house and using your pillows as antler cozies. 6. Dinosaurs arent very good with children... As much as kids love dinosaurs, its unfair to expect the average Ceratosaurus to reciprocate that affection, especially since a well-fed five-year-old can supply a weeks worth of calories. Teenagers will have a slightly easier time of it; in any case, theyll put up more of a fight before being swallowed head-first. 7. ...or with other dinosaurs, for that matter. So youre looking forward to hauling your pet Majungatholus over the local dinosaur park and meeting that cute chick with the Archaeopteryx  popping out of her handbag. Well, bad news: the only thing dinosaurs hate more than children is other dinosaurs. Take your pet to the dog run instead, then sit back and watch the fun. 8. Dinosaur pet-sitters are hard to come by. Isnt it cute when your neighbors eight-year-old daughter drops by to pet your kitty, feed it kibble and scoop out the litterbox? Well, she might think twice about doing the same for your pet Therizinosaurus, especially given the mysterious disappearance of the last six pet-sitters you hired to do the job. 9. Most cities have very strict dinosaur leash laws. Unless you live in Seattle (for some reason, Seattle is very liberal about these kinds of things) you cant just saddle up your pet Centrosaurus and take it out onto the sidewalk. Flout the rules, and your municipalitys animal-control squad will gladly tug your pal over to the nearest dinosaur shelter, assuming they arent eaten first. 10. Pet dinosaurs take up a lot of room. As a general rule of thumb, the American Purebred Dinosaur Association (APDA) recommends at least 10 square feet of living space per pound of dinosaur. Thats not much of a problem for a 25-pound Dilophosaurus puppy, but it could be a deal breaker if you plan to adopt a full-grown Argentinosaurus, which will require its own aircraft hangar.

Patton-Fuller Community Hospital Essays

Patton-Fuller Community Hospital Essays Patton-Fuller Community Hospital Essay Patton-Fuller Community Hospital Essay Question 1. What extra factors encountered in international as compared with domestic fiscal direction? Discuss each briefly. International fiscal direction is faced with many more concern factors than domestic fiscal direction. For case. international concerns are required to run in many different fiscal facets around the universe. International fiscal direction must cover with clients. stockholders. sellers. and other concerns across a much wider plane than domestic fiscal directors. Investing determinations sing international issues may besides be greatly affected by the exchange rate. revenue enhancements. and arbitrage. It may besides be more of a challenge to pull off fiscal records when involved in international trade. Extra differences include higher rates of return every bit good as the interest-rate para theory ( IRP ) . The IRP is the forward premium or price reduction that should be equal and opposite in size to the difference in the national involvement rates. The exposure to the diminution of foreign currency is besides a serious factor sing international fiscal direction. An extra factor is the fact that many international subordinates may take to work independently alternatively of for the multi-national company. This would in bend prove black for the full company. International companies have much more entree to financess as they can seek recognition and funding in other states besides their ain. Finally. fiscal directors have the chance to do foreign investings. 2. What different types of concerns operate in the international environment? Why are the techniques and schemes available to these houses different? There are many types of concerns that operate in the international environment. Any concern which participates in concern minutess with other states are portion of the international environment. Any organisation that is involved in imports and exports would decidedly be involved. As good. any big house that communicates daily with very important persons from other states would besides be involved in the international environment. These techniques and schemes may be different because of these businesses’ gross domestic merchandise. In add-on. these organization’s promotions in engineering. cognition. and communicating may take to higher economic development ; hence. the chance to take part in international trade and globalisation. 3. What is meant by arbitrage net incomes? Arbitrage net incomes involve investings with small to no hazard. An investor makes arbitrage net incomes by purchasing in one market with inexpensive currency. and so selling in another market. This scheme does non affect an investing of financess or any hazard bearing. However. the investor would still do a certain net income. 4. What are the markets and mechanics involved in bring forthing ( a ) simple arbitrage net incomes Simple arbitrage involves two or more markets. This type of trading does non include exchange rates across all markets with a individual currency. Alternatively. simple arbitrage is taking advantage of the differences in monetary value sing one plus. ( B ) and triangular arbitrage net incomes? Triangular arbitrage is the procedure of change overing one sort of currency to another. so change overing it to another currency. and the eventually change overing back to the original currency. Triangular arbitrage normally occurs within a short clip frame. Traders involved in triangular arbitrage would hold to hold advanced equipment and cognition in order to efficaciously and rapidly take advantage of this sort of trading. Mentions Keown. A. . Martin. J. . Petty J. . A ; Scott. D. ( 2005 ) . Fiscal Management: Principles and Applications. Prentice Hall. Inc. Patton-Fuller Community Hospital Organizations are invariably looking for new ways to turn. A portion of this includes budgeting and prediction which prepares a corporation for its hereafter enterprises. Corporations explore options for growing and Patton-Fuller Community Hospital has discovered three options for spread outing their operations. ( Apollo Group. Inc. . 2010 ) . These three options include traveling public through an Initial Public Offer. geting another organisation in the health care industry. and unifying with another organisation. This essay will supply the strengths. failings. chances. and menaces of the three options Patton-Fuller Community Hospital has. Traveling public through an Initial Public Offering ( IPO ) has its advantages. For case. creating currency that can be used to fund growing and bring forthing liquidness for laminitiss. investors and employees. among others ( Benton. 2005 ) . When an organisation goes public the largest concern is making stockholder wealth therefore. taking an IPO provides the financess necessary to increase stockholder wealth. However. geting another organisation in the health care industry may beef up Patton-Fuller to increase the firm’s assets. Harmonizing to Patton-Fuller’s 2008 fiscal statement ( Apollo Group. Inc. . 2010 ) . the current ratio is 5. 41 bespeaking that Patton-Fuller has $ 5. 41 in current assets for every $ 1 in current liabilities. The health care industry is a dearly-won concern hence this ratio could utilize betterment. Unifying Patton-Fuller with another organisation provides benefits that this infirmary lacks. Patton-Fuller is current working on reconstructing the infirmary waiting country and has late solved an issue with the nursing staff. Unifying with another organisation could supply the aid this infirmary requires in the sense of run intoing its long-run ends every bit good as increasing its operating income return on investing which is presently at 12. 3 % . We will analyze the failings of the three enlargement options. There are many disadvantages of traveling public through an IPO. The major disadvantage of traveling IPO is the cost and clip involved in the transmutation. Directors of top concern people grow exhausted from covering with lawyers. bankers. investors. comptrollers. etc. Another disadvantage is traveling public gets really expensive. Fees are paid out for assorted things and to assorted people. Losing confidentiality. flexibleness. and control is another disadvantage. The SEC requires that all public organisations let go of information about public personal businesss. net incomes. etc. Patton-Fuller has to make up ones mind if giving up their freedom is the way they want to pitch toward. Geting another organisation in the same industry can hold its disadvantages. One major disadvantage is the industry being purchased holding fiscal jobs. This sort of organisation is non worth the investing. The monetary value to buy may be a good cost for a bad ground. Cost features can be another issue. Competitive jobs are another issue. Everyone is seeking to travel after the same concern. Some organisation or cut pharynx refering competition. If Patton-Fuller takes this path. they need to do certain the industry being purchase is worth the investing. They do non necessitate their investing to work for them. Unifying with another organisation another organisation could decidedly convey on some challenges. When unifying. ballots must be approved by the shareholders. Stockholders play a large function in concerns unifying. Obtaining the ballots can be clip devouring. Trying to acquire at least two-thirds or more ballots is a undertaking. There could besides be struggle of aim between the two concerns. This could be a immense job. When the two concerns do non see oculus to oculus. this can do break within the organisation. Then there is ever the impression of a concern going excessively big. When a meeting concern becomes excessively big to quick. this leads to higher costs. When unifying. Patton-Fuller demand to make their research about the concern they want to amalgamation with. Unifying with the incorrect organisation could be a hazardous undertaking. Patton-Fuller demands to make their research and weigh their options about all three enlargement options. Patton-Fuller demand to believe long-run and what would be good to the infirmary long-run. The Patton-Fuller Community Hospital has been functioning its local community since 1975 ; nevertheless the executives at the infirmary now believe it is clip expand from being a in private and have three options for enlargement: traveling public through an IPO. geting another organisation in the health care industry or unifying with another organisation. Opportunities of each attack that could profit the Patton-Fuller Community Hospital will be determined and discussed. When a in private held coming goes public. it normally means that the company is selling portions of its stock for the first clip to the populace. This means that a one time in private held company now is owned by public shareholders. The alteration of traveling from a in private held company to a publically held company would necessitate a batch of alterations to the infirmary ; more than probably there would be a alteration in direction and a loss of flexibleness. However. traveling public through an IPO may be the lone manner the infirmary would be able to go on to turn and spread out. For any concern. traveling public requires a batch of clip and resources to guarantee that the procedure happens swimmingly. It is frequently believed that a company should look for other options such as procuring venture capital. organizing a limited partnership or analyze their current capital before perpetrating to an IPO solution for enlargement. Geting another health care company could be a consideration ; acquisitions occur when two similar companies combine to organize a new company wholly. The purchaser of the other company takes control of the company because it is purchasing its portions ; this means that the company the purchases the other company has full control over its assets and assumes all liabilities from the company that is being purchased. Geting another company within the health care industry would let the Patton-Fuller Hospital to spread out within the community. While acquisitions occur when one company buys another company and establishes itself as the proprietor of both companies. a amalgamation is the consequence of two companies that agree to travel frontward together but go on to be owned and operated individually. Merging is frequently a good thought for a batch of companies because it allows companies to fall in together for both organizations’ best involvements to happen. Amalgamations allow concerns to rule within their industries but let them to each be separately owned and operated. There are menaces associated with traveling public through an IPO. One menace is that there is a loss of control. If Wall Street analysts don’t like the manner the company is being run. your stock monetary value may endure. which means difficult work has gone to blow. The board of managers may non wish the occupation you’re making. so your occupation is in hazard. And. of class. the stockholders may vote contrary to your sentiment. which could significantly impact your life. explains Harry S. Raphael. spouse of Raphael and Raphael. LLP. a Boston-based full-service accounting and concern consulting house. The menace of losing control of an organisation will run the hazard of losing the organisation. Besides. Public companies have a greater answerability for their actions and must besides run into rigorous demands from the Securities and Exchange Commission ( SEC ) that cause countless distractions to the direction squad. At the same clip. steady growing is expected on a quarter-by-quarter footing. If the outlooks are non met. there is a opportunity of the company non being financed by loaners and hence doing the company to travel bankrupt. Last. going IPO presents a different sort of communicating channel. both internal and external. which must be created and maintained. Much of this load falls on the main fiscal officer ( CFO ) . but investor and public dealingss houses play important functions in the operation and day-to-day life of a public company. every bit good. Such communications patterns for public companies - or those entrenched in the IPO procedure - can be critical ( Hell No We Won’t IPO. 2010 ) . The idea of buying an on-going concern would look to be a good thought nevertheless. there are possible issues to see: there is an bing repute. client base. providers. equipment. rentals and hard currency flow. The substructure and direction squad are besides in topographic point. These facts will do it hard for the concern to surge if all mentioned is negative alternatively of positive. There is the possibility of the marketer endorsing out merely you get ready to subscribe the trade due to emotional fond regards to the concern. Their merchandises may be unequal and/or defective. The stock list is old and outdated. The concern is on a downswing and sing a negative hard currency flow. Overall. it is hard to happen one good characteristic about the concern. except the gross revenues monetary value. When this state of affairs occurs. it is easier to get down a new venture than purchase an old one ( AllBusiness. 2010 ) . Unifying with another concern. of the same sort. is besides an option. However. there are menaces to see. The cooperation of the mark house bing direction is about a necessity for a amalgamation. This cooperation may non be easy or cheaply obtained. Furthermore. the diseconomies of graduated table if concern become excessively big which leads to higher unit costs. It’s besides will make clangs of civilization between different types of concern. Thus this reduces the effectivity of the integrating. Merger besides may be making a struggle of nonsubjective between different concerns. significance determinations are more hard to do and doing break in running of the concern. It besides consequences dissatisfaction among current staffs as places will be limited and the direction have to make up ones mind which staffs to keep the place after the dealing has taken place ( William. 2008 ) . Patton-Fuller Community Hospital is a in private owned and has many options on how they can spread out. Patton-Fuller now knows the strength. failings. chances. and menaces of the three enlargement options. They have to find what attack would outdo ease the infirmary demands. Mentions AllBusiness. Retrieved October 11. 2010 from hypertext transfer protocol: //www. allbusiness. com/specialty- businesses/minority-owned-businesses/459211-1. hypertext markup language Apollo Group. Inc. ( 2010 ) . Patton-Fuller Community Hospital. Retrieved on October 09. 2010. from hypertext transfer protocol: //ecampus. Phoenix. edu/secure/aapd/cist/vop/Healthcare/PFCH/pfchHome. htm Benton. G. L. ( 2005 ) . The Advantages and Disadvantages of Traveling Public. . IPO Planner. Guide and Resource Directory for Companies Going Public. Pillsbury Winthrop LLP. Retrieved on October 09. 2010. from hypertext transfer protocol: //ipoplanner. webzel. net/forum/00000003. hypertext markup language. Hell No We Won’t IPO. 2010. Retrieved October 11. 2010 from hypertext transfer protocol: //www. va- synergistic. com/inbusiness/editorial/finance/articles/hellno. hypertext markup language William. Peter ; The Advantages and Disadvantages of Mergers. November 15. 2008. Retrieved October 11. 2010 from hypertext transfer protocol: //www. associatedcontent. com/article/1189676/the_advantages_and_disadvantages_of_pg2. hypertext markup language? cat=3

Strategy Experience Essay Example | Topics and Well Written Essays - 1500 words

Strategy Experience - Essay Example Although these â€Å"snap decisions† created a situation in which the firm was able to react to the sudden changes and unique dynamics of the business environment, they necessarily left me a bit disquieted with regards to the overall quality of the inputs and the data that were being levered as a means of making these decisions. Further, the perennial concern that developed within my mind was whether or not these choices could ultimately have a very strong level of impact upon the longevity and success of the firm; due to the fact that some of the changes and pursuits that were engaged negated ones that had been made previously. Yet, as the process wore on, it became clear and apparent that even though the snap changes that were engaged took place at a dizzying speed, this rate of change was absolutely integral if the firm was indeed to survive in the climate of global business competition. By utilizing up to date information and tracking core levels of data, the meetings were able to present relevant needs that could encourage new levels of efficiency and productivity. Furthermore, a clear and unique distinction was able to be drawn between a long term strategy and short term goals. Further, in the beginning of the process, most stakeholders were unaware of how to incorporate the many different inputs that they received on each and every issue at hand. However, as the process wore on, individuals, myself included, felt more confident and comfortable engaging with the complexities that each decision necessarily portended. This should not be understood to mean that the decisions came to be easier over time; instead, the stakeholders became more familiar with the ways in which individual choices had complex outcomes that would affect other aspects of the company and lead to previously unforeseen consequences for the future. 2. Consider a specific

Coursework assignment for Quantitative Analysis for Managers moudel

Assignment for Quantitative Analysis for Managers moudel - Coursework Example The manufacturing cost of Kopi Lua reduces from  £ 6.00 per kg to  £ 4.83 per kg which is 19.5% lower and since the price mark-up is 30%, the actual margin is much higher. For the Costa Rica blend, however, the cost goes up from  £ 5.00 per kg to  £ 7.15 per kg causing a loss of  £ 0.65 per kg since the selling price is 5 x 1.3 =  £ 6.50 per kg. The present method of overhead allocation based on direct labour hours results in an equal allocation of  £ 1.50 per kg to each of the two blends of coffee when it is clear that the efforts in purchasing, materials handling and quality control have to be higher for processing the Costa Rica coffee in small batches of 500 kg each compared to processing Kopi Lua in batches of 10,000 kg each. Such cost anomalies could be present in each of the 40 blends that the company makes. Another significant reason to change the overhead allocation method is that the product cost would change each time the product mix made in the plant changes. This has the impact of causing variations in profitability. Activity based overhead allocation has another important advantage over the labour hour based allocation. Each element of the overhead cost can be scrutinized to see if any reduction is possible. For example, purchasing costs could reduce if the Costa Rica coffee was bought in, say, 2 batches a year in place of 4. It is not clear why the number of setups should be three per batch when the batch sizes are so different. Reducing the number of setups for Costa Rica would reduce the allocated materials handling costs. The concept of Activity Based Costing (ABC) was first defined by Robert Kaplan and William Burns in the late 1980s. Initially ABC focused on the manufacturing industry where technological developments and productivity improvements had reduced the proportion of direct labour and direct materials costs but increased the proportion of indirect or

Network security Essay Example | Topics and Well Written Essays - 500 words

Network security - Essay Example Technical security controls are made of three components: detective, corrective and preventive, which all work to mitigate risks within a system. The first step I will access the router through the web interface. This will allow me to configure encryption using the WPA2 or the pre-shared key. This will ensure that anyone who all devices must provide this key before joining the network. There are three IKE policy choices message encryption, message integrity hash algorithm and peer authentication method. The policies are satisfied by various encryption methods that are dependent on a number of factors such as type of hardware in place. The key length available when using encryption algorithm allows the definition of key length used in terms of bits. When it comes to choosing message encryption algorithm, 3des is the strongest when compared to DES. The sha encryption offers a better encryption type as compared to md5 when it comes to message integrity has algorithm. For the peer authentication method, the rsa-sig offers a stronger encryption. An intrusion detection system has powerful features that provide notification when an attack occurs. On the other hand, a detective prevention system only uses limited functions to thwart attacks from taking place. Detection system is also limited because it relies on copies of network packets, which must be received from another switch. This makes sensors operating in intrusion mode to be said as running in promiscuous mode. Compared to detection system, intrusion prevention is more robust and has better features because it operate in inline mode where it checks as packets flows in teatime. Therefore, it can prevent traffic from entering a given network in

Background market and strategies of the nissin group business essay

Background market and strategies of the nissin group business essay Through the evaluation of the background, market situation and business strategies of Nissin Group, this paper provides the explanation on why Nissin instant noodles have achieved a fast development performance in the instant noodles business in Hong Kong The study of Five Forces and PESTEL analyses will lead to the understanding on how the macro-environment and micro-environment affect Nissin performance its business direction and strategy. A further study of the results from the perspective of an internal competence analysis to the results from the Five Forces and PESTEL will identify the strengths, weaknesses, opportunities and threats of Nissin. These findings will then tell Nissin of what needs to be minimized, eliminated, and to reduce or neutralize risks. All these findings will add up the reasons to justify how Nissin sustains its market leader position in Hong Kong. Suggestions on improvement and implementation of corporate strategy will also be elaborated. 1o. Introduction Intrepid Japanese entrepreneur named Momofoku Ando established Nissin Foods around the middle of the 20th century with the name Chukosasa Co., Ltd. Foreseeing that Japanese society was being economically and socially reengineered toward production speed and efficiency, he also sought to reengineer the Japanese diet in response. His answer to the requisite of speed exerted and demanded of the modern Japanese was simple the instant noodle. The invention revolutionized the food industry not only in Japan but also throughout the world. Now Nissin Foods, produce not only instant ramen noodles but also fresh and pre-packaged frozen food, and meals-ready-to-eat including cereals and spaghetti. But noodles remained the primary product draw. Mr. Ando stayed ahead of the competitive pack with remarkable innovations. In 1963, he introduced into the market the ramen Yakisoba, which had a separate flavoring packet. A decade later, Momofoku Ando invented cup noodles and in 1984, Nissin Foods established in Hong Kong (Nissin Foods Holdings, 2010). What has been Nissins strategy to address the various forces acting upon the instant food industry? How valid and viable would this strategy still be in an age of high technology and rapid global integration? And now, lets start to know the direct key stakeholders in Hong Kong. Management of Nissin The Management receives strong support from Parent company who has made the sustainability much easier for a stronger market share. Staff of Nissin They are the executors of the business. Staff would be happy to work for Nissin if the business is stable and with continuous growth. Hong Kong consumers the market share is large amongst the younger generations and white collars as they accept new trendy food, especially from Japan. Food and Environmental Hygiene Department (FEHD) of Hong Kong Government the Government has to control the types of incoming food products for consumption, as a statutory body, FEHD will govern the quality of food items importing to Hong Kong. Hong Kong Consumer Council it regulates the selling of consumer goods to the public in a fair trade practice. By supports of academic references, there will be a careful analysis of macro-environment and micro-environment undertaken by using Five Forces and PESTAL, plus a review of the internal analysis by strategic capabilities. The outcomes from external and internal environment analyses will be combined in a SWOT analysis. From the results of this analysis conclusion on overall business strategy, some improvement or implementation can be drawn through the methods of Porters Generic Strategies, Ansoffs matrix and organic method. 2. Analysis of Nissin in the Instant Noodles Industry in Hong Kong The following analysis of Nissin is based on strategy development processes suggested in major strategic management literature. There will be a careful analysis of macro-environment and micro-environment undertaken by using Five Forces and PESTAL, plus a review of the internal analysis by strategic capabilities. The outcomes from external and internal environment analyses will be combined in a SWOT analysis. From the results of this analysis conclusion on overall business strategy, some improvement or implementation can be drawn. 2.1 External Analysis Industry Analysis/ Five Forces Analyzing the generic food industry from the perspective of Michael Porters five forces, namely, the threat of new entrants, competitive rivalry within the industry, the threat of substitutes, the bargaining power of customers, and the bargaining power of suppliers (Porter, 1985). Threat of new entrants Nissin Foods in Hong Kong does not perceive any new entrants or competitors in the industry. The market appears to be increasingly expansive and lucrative and this is expected to lure new participants. However, the predominance and well-entrenched positions of the current players had dampened the enthusiasm of those who intend to enter the industry from outside. Industrial competition would probably more ensue from within and intensified internal competition would take place in the form of innovations in the product itself as well as in promotional designs and packaging. The barriers to entry are quite formidable considering that customer loyalty to the existing players are quite strong and that these current players have already established linkages with local formal sources of capital and distribution outlets (Becker, et al., 1999). Competitive rivalry within the industry The instant noodle industry in Hong Kong is a highly intense rivalry among the current players, thus making the industry itself highly competitive. Innovations are frequent and the market now regards as its highly popular products, environmentally friendly cups and containers and food ready to eat from the moment the packages are opened. Advertisements fight for time both on mass telecommunications channels and over the Internet and companies also engage in intense competition in the sponsorship of events like games and competitions. The existing noodles companies also engage in the constant monitoring of the performance of their products on the market, outlaying huge sums of money for customer surveys, promotions, and advertisement as well as in technology and manufacturing innovations. Threat of substitutes Hong Kong consumers are increasingly health conscious, they demand fresher and higher nutritional food. As such, there is an increasing consumer preference for fruits, vegetables, poultry and low fat, low sugar and zero to low preservatives content products. No matter how much hard works Nissin has contributed to the improvement of noodles quality, the dried instant noodles are not considered as a real meal to the consumers in Hong Kong. Substitute products like those offered by Jollibee, McDonalds, KFC and fast food noodle houses are slowly but steadily flooding the market and as buyers become more tend to the Western style of business activities and private lifestyles, such substitutes become increasingly attractive than the traditional instant noodles. Bargaining power of customers (Buyers) It bears negatively on the prospects of Hong Kongs instant noodle industry as more and more people rising in terms of social status and economic position. The increasing purchasing power of the population exerts leverage on instant noodle companies who might see the loyalty of their customers being eroded by their increasing incomes. The substitute product firms such as the fast food chains are also known for their notoriously low operating costs and their relatively cheaper products. Cheaper products have a corresponding income effect on the consumer as they realize the greater power of their money vis-a-vis the substitute product. When combined, these factors lead to the rational consumer realigning his consumption possibilities curve to favor the substitute rather than the formerly patronized product. This situation currently faces the Hong Kong noodle industry. Bargaining power of suppliers Finally, and as a counterpoint to the pathetic prospects with regard to the increasing demand of substitute products in the instant food market and the increasing power of customers, the instant noodle industry is seen to still maintain its hold over the supplier sector. In this regard, the bargaining power of the suppliers for the instant noodle industry remains low as many of the independent supplying firms have either been vertically integrated into the existing companies or have been interlinked through long term supply contracts. The low rate of entry into the industry also act as a safety net that limits the power of suppliers to charge high prices for the firms inputs which basically include wheat, buckwheat, corn, sesame oil, and other organic inputs. The suppliers market remains huge and extensive allowing for easy substitutability whenever a supplier becomes a party to an unprofitable relationship. 2.2 External Analysis PESTEL The PESTEL analysis provides a comprehensive list of influences on the possible success or failure of particular strategies; it stands for political, economical, social, technological, environmental and legal. (Johnson, et al., 2008) Political Situation Hong Kongs political system follows the set-up envisioned by the Chinese government when the former British colony returned its sovereignty back to China in 1997. The Chinese government maintained the capitalist economy and so the situation remains favorable to continued and sustained business expansion. Hong Kongs administrative structure carefully and strictly enforces laws and regulations that regulate fair business competition. Corruption is at fairly low levels and government officials are careful to preserve the Chinese governments reputation of fair but strict governance according to the law (Goodstadt, 2010). Economic Situation With Hong Kongs position as one of Asias financial and trading centers firmly entrenched, the city is actually looking forward to another sustained economic growth by 2011 and beyond. Hong Kong remains a fast-paced hub of businesses among almost all the global cities and therefore social mobility is fluid, leading to a fast rising middle class with an increasing purchasing capacity. Demand for instant foods is therefore expected to increase and despite the existence of a fairly sized competition, notably the Toyo Suisan Kaisha, Ltd.; House Foods Corporation; the Nong Shim Company, Ltd.; the Tingyi Cayman Islands Holding Corporation; Asia Food and Properties, Ltd.; the Ottogi Corporation;the Myojo Foods Company, Ltd.; the Tokatsu Foods Company, Ltd.; and Bing-Grae Company Ltd, the market shares of these companies remain small. With the expected expansion of existing demand, will in effect scramble for larger and larger shares of this market. Social Situation Noodles remain a primary staple in the Chinese diet, it being one of the traditional foods associated with the culture. As the social structure modernizes and instantaneity becomes a part of the societys way of life, instant ramen noodles become the norm. Cultural adjustments in response to modernization have often been slow but the rapid acceptance on instant noodles ever since its introduction in the 1950s has been truly revolutionary, the product being responsive to the demands of both tradition and modernity. Technological Situation The information and communications technological infrastructure in Hong Kong has been always at the forefront of the adoption and utilization of new generations of such technology. Manufacturing equipment remains state of the art and Hong Kong laws and regulations are unrestrictive of the entry of more advanced technology. Hong Kong, moreover, is solidly linked to the global village through the Internet with firms recognizing the imperative of such linkages with the status of their Hong Kong firms as hubs for their global operations. Environmental Situation The government and the people of Hong Kong are concerned about the implications of manufacturing activities on the environment. Firms should answer the demands for corporate social responsibility in this aspect. For example, pollution and waste management are particularly important considerations. Since government has already put in place policies that address environmental concerns, environmental reporting is now the focus of governmental efforts. Different sectors are seeing the value of linking environmental responsibility and reporting (The Association of Chartered Certified Accountants, 2010). As environmental reporting becomes more widespread Hong Kong firms are also given the chance to keep with international trends. Legal Situation Hong Kong provides an extremely favorable legal environment to businesses, as the official rates of income taxation for both individuals and corporations are relatively low compared to other business areas. Corporate income taxes for example peak at 17.5% allowing business establishments higher outlays for investments and expansion providing them sufficient breathing space for increased profits and returns on their investments. These conditions serve as a major pull factor for regional and local investors including Nissin Food. Companies who also have CRS departments like Nissin could also avail of tax holidays of as high as 10% on their incomes (Hong Kong SAR, 1997). In addition, courts and magisterial agencies are highly competent and legal expertise are extremely trustworthy in a place that had developed an excellent reputation for judicial fairness and equitability from even from its years under British rule. 2.3 Internal Analysis Capabilities Nissin Food Co., Ltd. has always been extremely competent with sufficient financial capacities that should allow it to withstand fluctuations in consumer demand throughout the years. Its manufacturing plants and equipment remain modern and environmentally safe, complemented by subsidiaries that have safety research in food technology. Nissins technological expertise, directorial competence and workforce commitment remain at the highest levels and the Ando family has kept the familys trade secrets secure with the proper legal and propriety registrations and protection. Technological knowhow has often been a trademark of the company ever since it was established and kept with important business moves over the years. Quality control technology has been especially developed through the years with the company regularly testing and re-testing its products before they are put on the shelves and marketed overseas. Even packaging, storage, and transport mechanisms are strictly monitored and frequently adjusted to ensure quality standards of safety (Nissin Food Co. Ltd, 2010). Through these initiatives, Nissin Food has maintained a solid image as the primary instant food corporation carrying what they call Japan technology. The company also enjoys an excellent reputation with its suppliers as well as its workforce and the city of Hong Kong itself. Another internal competence of the company is the presence of a highly competitive and committed workforce led by directors who are highly trained in their respective fields. Employees undergo periodic training and evaluation mechanisms, follow strictly implemented guidelines in the performance of their respective jobs. Human resources thus become highly motivated and trained (Nissin Food Co. Ltd, 2010). Regardless of these competencies, the company faces real risks, which if left unattended may pose serious attacks on the stability of the company. Among these would be food safety issues as consumers become more and more conscious of bio-terrorism while other brands are more aggressively promoted. The risk of increasing prices of raw materials such as flour, palm oil and petroleum-based products for packaging purposes is also accounted. And more, risks related to information systems become more technologically sophisticated than ever. 3. SWOT Analysis SWOT analysis is an important step in planning but its often being underestimated its usefulness and functions. SWOT analysis is a basic, straightforward model that provides direction and serves as a basis for the development of marketing plans (Ferrel, et al., 1998). Strengths Nissin Instant noodles have made a significant impact in the Hong Kong residents diet ever since the companys branch was established therein in 1984. Thus the company enjoys a high reputation with the brand itself having instantaneous recognition and respect by its patrons. The brand enjoys sustained loyalty among consumers, its manufacturing sector known for sanitary and environmentally friendly production processes, and the product is known for its flavor and taste, price reasonability, health attributes, and long shelf life, characteristics which make Nissins instant ramen noodles highly appropriate to the lifestyle of the modern Hong Kong resident. Mr. Momofoku Ando had retired in 2005 but the family has retained its unique capacity to adjust its products to various cultural contexts, delivering dozens of varied flavors for different country and city preferences and its keen recognition of new complementary products like environmentally friendly containers and cups to merge and l ink-up with manufacturers of these innovations to ensure cost efficiency to sustain business scale. Weaknesses There is no apparent weakness of the company except perhaps that the aggressive expansion of its business may have reached the limits of saturation. The relatively unchanged firm logo and design over half a century may have become boring among consumers psychological recognition. Brand familiarity does have a second edge in that it may psychologically influence consumers to try out a new brand. Nissin Food has also been relatively overtaken by other firms in cutting the preparation time for the instant noodles product as Mummy and Fuku noodles can be eaten straight that matched perfectly instant. Opportunities Hong Kong is a huge market for the food industry with its population of over 7 million expanding at an average annual growth rate of 1%. The market potential is therefore inspiring especially considering the fact that over half of this population is urban based with more and more young people drawn into high paced urban living. There are also more young women from both local and foreign places entering the workforce. This means that local family populations are left without the traditional ways of cooking and food preparation as women who were formerly tasked with culinary preparations at home migrate to the center for employment. The emerging demographic picture also portray a steadily growing segment of single people in the labor force, swelling the ranks of those who would prefer instant and fast food rather than traditional long-time home cooking. Nissins early demonstrated concern for environmental and health safety concerns, seen in the establishment of its food safety research institute is also a positive sign given the worlds increasing concern for environmental safety standards and the increasing health consciousness of people in recent times as they look consistently for low fat, low salt diets. Hong Kongs fast paced society also is an opportunity, as the citys demands for instant convenient food remain high. This offer Nissin the opportunity to expand from noodles to other instant food such as coffee, juice drinks, spaghetti, bread and snacks and the chance to establish linkages with other food outlets like restaurants, or otherwise introduce distribution innovations mobile snack center in schools, shopping malls, cinemas and exhibition halls. Threats The instant food competition comprised of the companies mentioned above and other brands like Doll noodles, Sau Tau and Master Hong pose the main threats to Nissin Foods. If the growing health consciousness provides a positive note vis-a-vis the companys effort at developing safer and healthier products, there is also a downside as mass media increasingly airs concerns about monosodium glutamate (MSG) and other preservatives used in instant food production. There is also a growing taste and preference for restaurant food and fine dining especially among the new rich. The emergence of organic and fresh instant noodles in the market particularly by the competition and the rising prices of wheat and other raw materials are foreseen to pose considerable threats especially with rising demand for these products by other demanders worldwide. Discussion This section will critically propose some strategies that Nissin Food Co., Ltd might implement in consolidating or even expanding its hold in the instant foods market in Hong Kong. Michael Porter recommended three generic strategies in this regard, namely cost leadership, differentiation, and focus (Porter, 1980). In terms of cost leadership, Nissin Food has always been ahead in the development of low cost instant noodles and other food products compared to many of its competitors. Company policy has always been directed to the elimination of operational glitches that would lead to increased production costs and streamline the process. This explains why despite the upgrading of technological capacities and the establishment of research institutions that would simultaneously increase expenses, Nissin Food is still capable of producing high quality noodles the be sold at relatively affordable prices on the shelves. With regard to differentiation, the Nissin Food Company has managed to diversify its food products from noodles to cereals and other products like biscuits, chocolate flake cookies and even lactobacillus drinks. Even its traditional offering, the instant noodles has been diversified into several types as cup noodles, the pillow type instant noodles, the fresh instant noodles, the thick straight noodles, and frozen types all in 450 different flavors. Innovation had always been key to product diversification and it need not be always a high-fangled high technology based development as long it gives the company a keener competitive advantage over other firms in the market (Porter, 1996). Thus, the simple idea of introducing the Nissin straight thick noodle led to increased volumes of sale in 2008. Differentiation allows a company to address the demands of consumers across a wide range of segmentation (Porter and Kramer, 2006). In its Hong Kong operations, the company has differentiated its products to all sectors of the population not only through diversified products but also through careful studies as to what products might have a more competitive appeal to certain sectors. Discovering for example that in their United States operations, Chow Mein noodles seemed to be the preference of Americans, the company also aimed at making this product appealing to the foreign sectors of the Hong Kong population. Finally, Nissin Food Company has always been secure in the instant noodle as its niche in manufacturing and sales and primarily targeting the working population. A niche approach is basically developing greater competitive advantage in a sector or product and holding on to this advantage through differentiation and innovation strategies (Porter, 1985). Among the three, differentiation appears to be Nissin Food Companys strongest and most effective strategy, allowing it to constantly increase its sales over the years and expand operations to address an ever larger share of the market. Differentiation has also allowed it to penetrate western markets such as the United States, Russia and even Mexico. In the United States, chow mein had attracted the microwave generation because of its microwavable fried noodle through innovative advertising. New products should always be based on prior arket surveys to test the levels of demand and businesses must always have a clear vision and strategy for diversification, planning against the risks involved with an honest regard for the gains it expects to achieve (Ansoff, 1957). Nissin uses both related and unrelated diversification techniques as, not contented with its traditional noodle offerings, it has innovated and expanded also to frozen foods, cereals, and nutrition drinks. Such risks have been repaid with dividends through the recent years. Conclusions and Recommendations Nissin Foods Company, Ltd. in Hong Kong faces has demonstrated a stable and strong internal competence structure. It has managed to sustain efficiency and close coordination among the various phases of its operations, making its various departments including the management, production, marketing, and research units mesh smoothly. It is in food safety and quality standards that the company stands out among the rest of competitors in the Hong Kong market and it is highly recommended that this be made part of a comprehensive advertising strategy that packages not only products but the entire company itself as an environmentally friendly corporation in tune with its recognized corporate responsibility to save the earth. This would be a leading promotional strategy as the company funnels through its Food Safety Research Institute, thorough investigations and research of environmentally affective chemicals, organic inputs as they affect the products of its farms, breeding stations, fisheri es, feed plants, ingredient plants and its productions plants as well. The Hong Kong macro-environment also appears to be a favorable one for Nissin Foods, affording it a competitive area where the company could showcase both its traditional and innovative offerings to an ever growing and constantly differentiating and segmented population. The change in administrative governance appears not to have made a significant impact on the robustness of business competition within the region. The PESTEL environment thus could be taken as a general plus factor. It is again in the area of environmental considerations that Nissin must focus on. It is recommended that the attention must be directed toward the pollution side of its post-operational activities. By this, as extra concern on disposal of containers and on the earth-friendliness of such packaging as Nissin continues to use non-biodegradable materials in this regard. To more promote the environmental image of the firm could innovate towards the end of minimizing its ecological footprint. On social relations, Nissin could collaborate with social and ecological groups toward the development of programs addressing Hong Kongs expanding ecological problems of pollution as well as industrial congestion. (word count 3,823)

Localism and Hoover’s views on goverment

Localism- the policy whereby problems could best be solved at local and state levels. Reconstruction finance corporation- urged by hoover to be passed; gave more than a billion dollars of government loans to railroads and large businesses trickle-down economics- theory held that money poured into the top of the economic pyramid will trickle down to the base Bonus Army.How did Hoover’s views on government influence his response to the depression? While not believing in charity by the government, Hoover did try an dhelp the economic mess that began during his administration. He gave much of his money to charity and encourage Americans to do the same. He broke with republicans and did away with the taxes that had been placed on citizens during the Coolidge administration. He thought that would allow for more income being spent to help the economy rebound. He spent $500 million a year on public works and government programs to build or improve government properties.The most famous was the Hoover (Boulder) Dam. Congress established the Reconstruction finance corporation (continued by FDR) which created an agency to help banks, railroads, and other key businesses to stay in business thus helping the economy. All of these things could not stem the tide of the economic collapse. Hoover believed in a balanced budget and not pumping government money into the economy. He believed in rugged individualism, and relied on the individual, the churches and private charities, and the state governments to handle most of the economic help that was needed.What facts show that Hoover’s policies to reverse the depression failed? Hoover left office with the economy at the depths of an unprecedented depression & with 25% of the labor force unemployed. To many out of work americans, the president became a symbol of failure. Some people balmed capitalism, while others questioned the responsiveness of democracy. Many believed the American system was due for an overhaul. Busi nesses often did not use the loans they recieved to hire more workers.4. How did MacArthur’s tactics in removing the Bonus Army affect Hoover’s political future?President Hoover ordered MacArthur to â€Å"surround the affected area and clear it without delay.† MacArthur brought up troops and tanks from Fort Myer, Fort Meade, Fort Washington and Fort Howard. After the bonus seekers refused to leave, Hoover eventually ordered the army to forcibly remove them. The marchers collected in a single area and Hoover ordered the siege stopped, but Mac Arthur continued the assault. Eventually 55 were injured, one woman miscarried and one man who was already sick died. Roosevelt milked the event for all its worth during the campaign of 1932 and suggested that he would have done better. (The Marchers were not actually owed any money, but hoped to pressure the government into giving them an advance on tehir pension.)

In Miltons paradise lost, god Essay

In Milton’s Paradise Lost, God is portrayed as having limited influence and contact with our world. This is perhaps a result of his respect for free will/conscience. This lack of contact is supported by one; God’s passiveness, there are several situations in the book in which God seems like he should be able to influence events but he simply doesn’t act. When he does act, he acts indirectly. God seems to execute his plans through either his angels or his son. Finally, perhaps the best indication of God’s limited connections is in the cases where God uses complicated, elaborate plans to do things that if he really had 100% power he would perform simply and immaculately. In the book Paradise Lost, God plays a relatively passive role considering that he is by far the most significant character in this book. He seems to sit up on his heavenly throne and observes rather than interact with his creations. A good case of this is in Book three lines 80-90, when God watches Satan ascending from hell. It would seem that when he was alerted by Uriel, the archangel would have been a good time to intervene and smite down Satan. It almost seems like Milton’s God wants the events of Paradise Lost to transpire because he yields so many times at so many opportunities to stop Satan. Satan should have been stopped at the very beginning. God must have foreseen this incident (the partaking of the forbidden fruit,) after all, does he not have sight of the future, past and present? (Book Three lines 75-80) Sadly, no-one will ever know what God was planning when he allowed Satan to run rampant in the garden. Or then again, maybe God wasn’t planning anything at all but rather leaving events to unfold without divine intervention, thus his seeming respect for free will. The only problem with that theory though, is that God punished Adam and Eve for making a decision with the free will that he gave them. Two other instances make cases against God’s absolute power. Why was hell so easily escaped by Satan? One would think that a Purgatory created by God himself would be impenetrable. Even stranger is the case with the Angelic War. Although for the most part symbolic, God either was not capable or at least unwilling to strike down Satan’s attempted conquest before it began. Instead, God chose once again to remain passive and allow things to go along for awhile. A good question to ask at this point is just what are God’s intentions? If he truly wanted a perfect heaven with conformist angels, what is stopping him from taking their free will? That leads to the point that possibly the reason why God’s influence is limited is his own conscience, based on his respect of free will. When God does act in the story, it is almost exclusively indirectly through his Son, (as in Book Nine,) or through his Archangels. The most well-known case where God acts through his Son is when God sent him down to be sacrificed upon the cross. Although this specific event does not occur within this story, the reasoning behind it is lengthily discussed especially in Book Three. This however, only supports the thesis if one believes that Jesus is the son of God rather than the Christian view that God IS Jesus. (John, 8:58) Based on how Milton writes, it shows that he is using the interpretation of the Bible in which Jesus was created by God. Jesus plays a sympathetic role when it comes to mankind and often influences God’s decisions on what to do about Adam and Eve. He persuades God to allow him to go down to heaven to inform Adam about his state of sin. In this case, Jesus actually influences God rather than the usual case with God giving orders and Jesus acting carrying them out. God also acts a lot through his throng of angels. The archangels are his main instruments of manipulation. Of the seven archangels, Raphael, Michael, and Gabriel are the three most influential. God acts through Raphael most often. Raphael plays a large role in starting in Book Five lines 246-249 â€Å"So spake th’Etetnal Father, and fulfill’d All Justice: nor delay’d the winged Saint (Raphael)after his charge receiv’d. † Raphael then proceeds down to the Garden to warn Adam and Eve of the impending danger posed by Satan. Raphael also spends Book Six and Book Seven informing Adam of the war in heaven and then telling him the nature of his own creation. Michael and Gabriel have slightly smaller roles than Raphael does; but they do get a chance to enact God’s will when he orders them to lead the faithful Angels in the war against Satan. The final case to prove God’s limited interactions and influence is when God seems to have to work around rules that he must have created himself. A good example of this is when he prepares for the redemption of man. It simply doesn’t make sense that if God desires to redeem his creations that he simply doesn’t grant them redemption from their sins. Instead he schemes up the elaborate plan to send his son down to receive punishment in place of man. Once again, this could be explained by God having to act within the parameters of what his conscience will allow, (regarding free will). Maybe God has to do these elaborate things so that he can justify to himself the redemption of man. Maybe he thinks that it is only right that somebody receives punishment. Cases similar in nature occur when God didn’t keep Satan from entering the Garden of Eden and when he had to send the great flood. If not for his respect for free will, God wouldn’t have had to allow mankind to sink so low. In Paradise Lost, Milton presents a God that is strangely limited in his actions and influence with his own creations. Whether through passiveness, indirectness, or a conscious â€Å"distancing of himself† God seems to allow many things to happen without direct intervention. However, this is not really a novel concept; people throughout history have questioned the concept of an all-powerful God in a very imperfect world.

Miles Davis an American Jazz essays

Miles Davis an American Jazz essays One of my favorite trumpet players is Miles Davis. Miles Davis, "American jazz musician, a great trumpeter who as a bandleader and composer was one of the major influences on the art from the late 1940s." Miles Davis was, and still is one of the greatest jazz trumpeters of all time. His style and smoothness on the trumpet caught the ears of many people. Miles Davis was born in Alton, Illinois., on May 26, 1926. For most of Miles's life he was raised in East St. Louis in an upper middle class family. Before Davis got interested into music he liked sports a lot. He loved playing baseball, football, boxing, and basketball. The first trumpet he received was in his preteen years. He practically fell in love with it the first time he played it. Davis liked to play in his high school band and in R In 1942 Miles married his wonderful wife, Irene. In July of 1944 he sat in with Billy Eckstine and his band, where he met his life long idols, Dizzy Gillespie and Charlie Parker. In the fall, Miles goes to New York to attend Juilliard School of Music. "I spent my first week in NY and my first month's allowance looking for Charlie "Bird" Parker. Later I roomed with Parker for a year and followed him around down to 52nd street. Every night I'd write down chords, on matchbook covers. Next day, I'd play these chords, all day in the practice rooms at Juilliard, instead of going to classes." "Instead of taking classes he hooked up with Bird, playing in his quintet comprising from 1946-1948." After that Miles goes out to form a band of his own. His first band that he formed was actually a quintet comprising John Coltrane, Red Garland, Paul Chambers, and Philly Joe Jones. The quintet was a big success. During 1950-1955 Miles became a pretty busy man. "In the middle of January 1951, around the seventeenth, I played on three recording sessions: one with Bird for Verve Records early in the day, then on my own date for...

History Essay on Ephraim Hanks Essay Example

History Essay on Ephraim Hanks Essay Example History Essay on Ephraim Hanks Paper History Essay on Ephraim Hanks Paper What does a blacksmiths apprentice, a seaman, a scout, a soldier, a pioneer, a wild-west mail carrier, a healer and a patriarch all have in common? They are all positions held by Ephraim Hanks. He was a wild-west renaissance man. It seemed as though there was little that Ephraim could not or did not do during his lifetime. The west during the 1800s hyperbole was reality. Men were eight feet tall and ate trees. Heroes were ten feet tall and ate rocks. Literary license was how every story was told and the romanticized deeds of the well-known were merely the honesty of heir times. As stories passed from one person to the next embellishment was as important as any of the details. Any person studying history must simply accept the stories passed down at face value. Much of what is written about Ephraim Knowlton Hanks falls into this category. Ephraim Hanks was born on March 21st 1826 in Madison, Ohio. Ephraim Hanks was the eighth of twelve children born to his parents Benjamin and Martha from 1812-1832. His father was a blacksmith and a tool maker. His mother devoted all of her time to raising the twelve children on the family farm. Ephraim was somewhat of rebel rouser in his youth and was constantly stirring up trouble. His parents were firm protestant Christians who had no issue with taking the rod to a disobedient child. Ephraim certainly received his fair share of whippings as a boy. His petulance was only made worse by the fact that young Ephraim was not too keen on religion. He did nearly everything he could to avoid having to go to church. He was able to find one silver lining about the Sabbath. Any time he was caught misbehaving on the Lords Day, when he would normally get the belt, his father would refrain on account of it being the Sabbath. His Sunday beatings were always postponed till Monday. This did nothing to improve his loathing of Sundays. At the very young age of sixteen Ephraim Joined the United States Navvy and sailed aboard the U. S. man o war Columbus. In the short time that he was in the military he traveled much of the world, including spots in Europe and Africa. He returned home in late 1844 to his home in Ohio only to find that his father had died. Ephraim had enough older siblings to keep the family farm running even in the absence of his father. Ephraims brother Sidney had also returned to assist with the family esponsibilities after the death of his father. Sidney had Joined the Mormon Church which caused plenty of friction between Sidney and his mother. She even went so far as to invite a couple of local preachers over to talk some sense into Sidney. Ephraim who had never been one for religion deigned to stay out of the fray until one of the visits by the preachers. During the after-dinner conversation which centered on religion one of the preachers laid a particularly hostile insult at Sidney. Ephraim responded by rising and dismissing them from the home. In no uncertain terms he et the preachers know that no one would insult his brother in their home as long as he had a say in it. Sidney was grateful for his brothers protective nature and shared the story of his conversion to the Mormon faith with his brother Ephraim. It was a heartfelt testimony of a miraculous healing. Something in Sidneys story moved Ephraim and he began to read the book his brother had given him, The Book of Mormon. His mother could barely stand one Mormon let alone two and both brothers were quickly banished from the family farm. Ephraim began the next chapter of his life as he headed west in search of the Mormon Church leaders. When Ephraim caught up with the Mormon Church leaders he met Brigham Young. The tale goes that Brigham was at a social event with Ephraim and called him over. Ephraim was a little more than stunned that the Mormon prophet even knew who he was. Then Brigham asked him to do something strange. He was told to shave his beard (it was common for men of this time period to have beards). Ephraim was puzzled but complied immediately. After dutifully shaving his beard and grooming his handsome mustache he returned to the party. Brigham immediately summoned Ephraim over and asked him why he did not shave his mustache. Ephraim understood and returned to shave his entire face, a look which was typically only seen on prepubescent males. Brigham was heard to have said to the other brethren, now theres a man I can trust. By 1847 Ephraim had volunteered for the Mormon Battalion. He worked mostly as a scout. In the early 1850s Ephraim was transporting mail from the Great Lakes states to the far west. He rode alone and did so no matter the season and no matter the weather. He was a fearless example ofa true frontiersman. Up to this point he had not seen much action as a soldier. In the winter of 1856 Brigham Young asked for volunteers to go nd rescue the Willie-Martin handcart company which was struggling across the plains and suffering heavy loss of life due to starvation, disease and death from exposure. This adventure became one of the defining moments of the life of Ephraim Hanks and the experience propelled him into legend. Ephraim departed hundreds of miles behind the handcart company not knowing how far the company had advanced or what the exact state of company might be when he caught up to them, if he caught up to them. His small group had a wagon full of supplies and food along with some horses to expedite the Journey. But they were in a race against time. Early October snows were taking their toll on the diminishing Martin-Willie company who was now almost completely out of food and many of its members were without shoes. Unfortunately these were not uncommon circumstances for pioneers crossing the plains. After a couple of weeks of pushing hard, the snows became heavier and some of the members of the rescuing group began to talk about going back. Ephraim told them they were welcome to make their own choice but that unless he received word from the prophet (Brigham Young) he would continue on with his mission. This was not the last of the problems for the rescue group. Shortly thereafter the wagon hauling all the supplies broke down. Ephraim loaded all he could on the horse team from the wagon and carried as much of the supplies as he could forward. Within Just a few days Ephraim came across a couple of riders coming from the opposite direction. They had dropped off the meager supplies that they had and were continuing on in search of the rescue party. They informed Ephraim that the handcart company was only a couple of days ahead of him. Ephraim sent them on to catch up with those of the original rescue group who headed back east after the wagon broke. The trouble for the handcart company as not simply one of food and supplies but also of manpower and health. The young healthy rescuers could provide assistance and aid with vigorous strong able bodies. The nearby location of the company was Joyous news but the report also brought some ill-omens too. The handcarters were completely bereft of food. Though Ephraim had taken all he could when the wagon broke down he had to leave many of the basic raw food items behind (like cornmeal, flour and most of the meat). The legend says that Ephraim, knowing the direness or the situation, knelt in prayer and asked God for meat to feed Handcart Company. Within minutes of his prayer he came a across a lone buffalo struggling through a deep snow drift. This was an extremely rare occurrence to find a solo buffalo in this area at this time of year. To Ephraim Hanks this was a miracle directly from God. Ephraim shot the buffalo and butchered it taking as much of the meat as possible to feed the handcart company when he arrived. Before sundown the following day he caught up with the Martin- Willie company. Droves of emaciated starving pioneers swarmed Ephraim and his few horses. He stood in shock and gratitude and handed cold buffalo steaks to the embers who wept with gratefulness and commenced to eat without making any effort to cook the meat. Later it was relayed to Ephraim that one of the leaders of the company had prophesied only a few days earlier that the Lord would send them an angel would feed them with buffalo meat. It is hard for most of us to imagine the kind of living horror show that many of the pioneers endured on the trek westward. People boiled shoes for soup. People lost toes, fingers and ears to the cold. Many wore only rags on their feet because their shoes had long ago worn through. Over the course of the next several days Ephraim pent most of his time engaged in a grisly work. He dug graves and buried the dead, he nursed the starving and amputated frostbitten limbs that had turned black from the severe cold. Those of faith say that Ephraim raised a widows dead husband and healed the dead black feet of an English immigrant who was an accomplished dancer. At the Martin-Willie handcart reunion even 50 years later the members spoke of a dance the Englishman did after being healed as the moment which gave the pioneers the hope they needed to finish their voyage. After the rescue of the Martin-Willie company Ephraim went back to delivering the ail overland for a few years. During this time he took on the responsibility of being a stationmaster for a Pony Express station along the route westward. He used his outpost to facilitate Mormon pioneers moving from east to west across the plains. But this was not the end of the fantastic adventures of Ephraim Hanks. In the late 1850s Ephraim was called to fight in the Echo Canyon Wars. He was promoted to the rank of captain and served with distinction and honor. The tall tales of Hanks did not subside either. One of the stories goes that some of the soldiers fighting on his side were captured. Ephraim was tasked with leading a rescue operation. When he arrived at the location where the prisoners were being held he was not satisfied with Just freeing the prisoners. He insisted on, and succeeded in rescuing not only the soldiers but also their horses and even the mules! It seemed as though there was not anything that Ephraim Hanks could not do. Later in the 1860s he was recalled to Salt Lake City and fought in the Blackhawk Wars. In between, he began his life as a businessman. By the 1860s the eastern half of the county was gearing up for the Civil War. Ephraim was in his forties and his life was slowing down. His slowing down would be high adventure for most of us. He bought a trading post and began to run his own business. He prospered and his venture was only interrupted by his call to serve in the Mormon Battalion in the Blackhawk wars. It seemed as though Ephraim was an unmitigated success at anything he did. Throughout his life he always felt his primary responsibility was to God. He unflinchingly served the Mormon Church over the course of his life. Ephraims last years were filled with stories of him serving as a patriarch and enown healer among the Mormons of the Utah valley. Even in his old age church members would send riders dozens of miles to have Ephraim come and bless their sick or injured family members. One of the last accounts of him had him riding hard to reach a farmhouse where he had been summoned to bless a mans sick wife. When he arrived he was informed by a dour husband that he was too late and his wife had passed. Ephraim asked them to clear the house and proceeded to bless the woman. As he exited to leave the home he told the husband that his wife was awake and wanted to speak with him. When the man went in his wife was alive and conscious. He asked her what Mr. Hanks had said. Her reply was that he had told her that she would live to have seven daughters who would stand together as witnesses of the Gospel. The woman did in fact have seven daughters who were at one time all in the leadership of the Relief Society of the Mormon Church. He continued his service right up till his death Just shy of his 70th birthday. To this day Ephraim Hanks is one of the inspiring fgures of the Mormon pioneer migration west. His contributions helped make the western United States what it has become today. References Sweetwater Rescue: The Willie And Martin Handcart Story. Publishers Weekly 253. 34 (2006): 50. Academic search premier. web. 4 Dec. 2013. Fleek, Sherman. The Mormon Trail Played An Integral Role In The Westward.. Wild West 10. 1 (1997): 20. Academic Search Premier. Web. 4 Dec. 2013. Hill, Brian J. Reflections On An Outdoor Recreation Experience. Parks Recreation 33. 8 (1998): 58. Academic Search Premier. Web. 4 Dec. 2013. http://handcart. byu. edu/Sources/LeviSavage. aspx http://wiki. hanksplace. net/index. php/Ephraim_Hanks,_LDS_Biographical_Encyclopedia

Customer Service Research Paper Example | Topics and Well Written Essays - 1500 words

Customer Service - Research Paper Example From this paper it is clear that  managements of these agencies are often turning to human resource training and technology to deliver services fast and competently to achieve satisfactions for all queries, complaints or inquiries. Customers have been accustomed to attention from the private sector, and they now want the same from their government agencies. Government agencies have adopted standards of measuring citizens’ satisfaction in responding to their needs through electronic or manual reviews.This study highlights that there has been a shift in the management systems from an emphasis on product quality to Total Quality Management for customer satisfaction.   This change focuses on continual improvement of organization’s output. Quality of outputs in this case very much includes all products and services and the processes that are involved in the production of the products or services. The shift is intended for the sole purpose of meeting, if not surpassing cu stomer expectations. Customer service provision requires the co-operation of all levels of management within the organization.  Most organizations in the world today are registered with different standardization agencies locally or internationally such as The International Customer Service Institute (TICSI) or the International Standard Organization ISO 900 series.  The ‘Soft’ aspect of total quality management focuses on the principles that guide organizations.... The shift is intended for the sole purpose of meeting, if not surpassing customer expectations. Customer service provision requires the co-operation of all levels of management within the organization. Achievement of excellent customer service is guided by tools and principles. The tools are the so-called ‘hard’ aspects of customer service. They include the analyzing systems of an organization’s performance using a wide array of analysis tools and the presentation of these in a way that all the stakeholders using the information can understand that when recommendations are applied, it would lead to better results. Display of organizations’ performance could be represented in various ways including tabulation, graphs, polygons and charts. Statistical analysis of results is a common method used to evaluate performance of output through, mean, mode, probability analysis, critical path analysis and variance and correlation analysis. When these tools are used, q uantitative data is displayed to help in controlling the output be it products or services. Most organizations in the world today are registered with different standardization agencies locally or internationally such as The International Customer Service Institute (TICSI) or the International Standard Organization ISO 900 series. These set up standards of different kinds that aim at improving excellence in customer service by having a policy that focuses on quality improvement. Results from statistical analysis should be checked against these standards, and the necessary areas of improvement are identified. The ‘Soft’ aspect of total quality management focuses on the principles that guide organizations. Emphasis is put in

How does a restaurant franchisor train their foreign franchisees Essay

How does a restaurant franchisor train their foreign franchisees - Essay Example A franchiser has to ensure that the trainings are aligned with the business laws in each country. Addressing this issue through training is vital because it prevents international business from experiencing legal issues related to business activities in other countries. Issues related to business laws in different countries affect both franchiser and franchisees (Asill & Goldman 24). Failure to address differences in business laws may make both franchiser and franchises to experience labor issues. For instance, different countries have different payment standards for workers in franchises. For instance, the minimum pay for workers in the US restaurants is 7 dollars per hour. Such standards cannot be equally applied in other countries. Apart from payments, labor laws may differ on how workers are compensated in case of injuries and other work related problems. Failure to train franchisees on such issues may lead to issues such as underpayment or exploitation of workers by the franchiser and franchisees. Failure to train franchisers effectively on specific foreign business laws may make the franchisers and franchisees to experience unhealthy competition issues (Asill & Goldman 24). The franchiser has to ensure that differences in competition laws in foreign countries are effectively addressed. For instance, different countries have different market regulations that protect the local business persons from unhealthy competition. Failure to address this during training may make both the franchiser and franchisees to incur huge legal penalties. In addition, it is important to know how the franchiser and its franchisee are protected in other countries. For instance, failure to addresses the difference in trademark laws and other related business laws such as intellectual property laws in other countries during training may make a business and its franchisees to suffer unhealthy competition in foreign countries. Failure to address

Ismg Essay Example | Topics and Well Written Essays - 1000 words - 3

Ismg - Essay Example For the company to be on the economical side; considering the fact that the company does not have a very strong financial background presently, it is suggested that ignoring the SAP was not too wrong a choice. With the rewriting also, the company did not falter so much in not choosing that option. This argument is made against the background that the company does not have the needed personnel to manage that system. Opting for outsourcing was therefore right at the time of the selection. With outsourcing, the company was sure of employing the services of experienced people whose reputation could be trusted based on their previous contracts. Trade off basically refers to the benefits that will exchanged for undertaking the requirements analysis. Considering the fact that the account payable project is a very huge project that comes with a lot of financial obligation, undertaking requirements analysis was going to be very beneficial in ensuring that the discharging company did not have to make wrong estimate with the needed requirements for the project so that it would get short of budget along the way. As noted in the case study, the winning bidder was going to bear every cost that would come apart from the agreed fee because the contract is a fixed amount contract. The trade off was therefore going to be that the winning bidder would not run at a lost for making wrong estimation and having to seek extra funding to cater for the excesses. On the surface, it may seem that the software development methodology adopted by the company was the waterfall module. However, the Hrad team themselves note that there was much more rapid over-lapping model than the traditional waterfall system. The over-lapping nature of the module is from the fact that there was an existing system that the project implementers had to rewrite a copy of. To this effect, it can be argued on a technical basis that the methodology was a prototyping. Prototyping has other