Final Assessment of Apple Inc Essay Example | Topics and Well Written Essays - 1250 words

Last Assessment of Apple Inc - Essay Example During basic investigation of its vision and statement of purpose, assessment of Apple’s consistence to business morals was likewise performed. Generally speaking result of this examination explains that Apple has made advancement and effortlessness an establishment of its items, yet its hierarchical way of thinking also. Impacts of Globalization and Organizational Culture on Employee Selection and Training Apple is a perfect contextual investigation for understanding globalization as far as plan of action and related procedures. With workforce and flexibly chain spread all around the world and access to all aspects of worldwide versatile and electronic devices showcase, Apple has figured out how to develop as a market chief in portable apparatuses and related applications. Notwithstanding that, Apple’s authoritative culture further backings its worldwide plan of action and expanded market get to. ... Globalization has additionally reinforced the establishment of this culture. Because of globalized model, Apple has presented procedures like moral organization with the providers and locally situated occupations for understudies and different experts so as to profit openings offered by worldwide plan of action. Undoubtedly, Apple utilizes showcase serious methodologies to pull in and hold ability however just enlist representatives that are work fit as well as an association fit too. Most definitely, its authority utilizes a straightforward system of Tell, Show and Do. Representatives experience on-work just as scholarly trainings for improving their aptitude stock and utilizing them in like manner. Then again, as a moral association, Apple has additionally presented instructive projects, for example graduation, partner and lone rangers for representatives working for its providers. Preparing its own workforce and suppliers’ representatives is impacted by its way of thinking that says, â€Å"When individuals increase new aptitudes and information, they can improve their lives (Apple, 2012a).† Apple’s Vision and Mission Statement Apple’s vision depends on a hopeful belief system of being a market chief in innovation and specialized gadgets. It has figured out how to offer items that spread each part of innovation use and permits the buyer to have a perfect involvement in its items turning into a vital piece of customer’s way of life. Starting from MacBooks to iPhones and iPads, Apple has endeavored to amalgamate accommodation, usefulness and style in a solitary device. Moreover, its responsibility to have a roused workforce and gracefully chain is another zone that gives participatory course to its

Acting Career :: essays research papers fc

Works Cited â€Å"An Acting Career.† â€Å"Actors.† Occupational Outlook Handbook, 2004-2005 Edition. 27 January 2005. . â€Å"Careers in Acting† 1 February 2005. . Moore, Dick. Openings in Acting Careers. Chicago: Career Horizons, 1999. 6-7. Yehling, Carol. Vocations in Focus: Performing Arts. Chicago: Ferguson, 2003. 5-13. â€Å"OPENING NIGHT†¦ †¦IT’S OPENING NIGHT! IT’S MAX BIALYSTOCK’S LATEST SHOW. WILL IT FLOP OR WILL IT GO? THE HOUSE LIGHTS ARE DIMMING, THE FOOTLIGHTS ARE BRIGHT, THE TOAST OF SOCIETY’S BURNING TONIGHT! WE’RE SO EXCITED WE CAN’T SIT DOWN†¦,† the Usherettes sing in the Broadway Musical, The Producers, composed by Mel Brooks and Tom Meehan. With each new show, there is consistently rivalry to be the best show. Since the young age of six-years of age, I have acted in more than fifty phase creations. Out of those creations, I have done a New York City World Premier, visits, provincial theater and numerous different kinds of dramatic showings. I might want to proceed my side interest as an occupation. To proceed with my artist profession, what do I have to make this objective work out?  â â â â An entertainer is an individual who performs on a phase or on the screen. To be an actor requires significant investment, persistence and talent.(Actors; Yehling)      Several individuals accept the confusion that acting is anything but a good calling. Where actually, separated of being an actor is understanding that individuals won’t give them the full regard they merit. Another significant piece of being an entertainer is to feel great about what their doing. Likewise, to liking yourself you have to, â€Å"interpret life through the window of your own life experiences.† (Yehling) Although employments are exceptionally rare, it assists with doing a show that has great material. To expand the odds of getting utilized proficient preparing is basic. As per Careers in Acting eighty-six percent of non-value entertainers get preparing or something to that affect. Prior to a creation starts, an entertainer must remember all lines and signs for the principal practice. Once in practice for a show, it is currently significantly progressively basic to go through various hours on their own opportunity to go over blocking and tunes.      â€Å"EVERYTHING IN LIFE IS ONLY FOR NOW.† (Road Q) Unlike standard employments that you can remain in for a lifetime, acting occupations are for the most part present moment. The normal melody employment could keep going for around five months. Lead jobs nonetheless could keep going for some of the time years. For most employments you go to interviews for the activity, for acting you go to a tryout in a very frightening condition.

Check out our 2017 annual report

Check out our 2017 annual report The 2017 Khan Academy annual report is here! As a nonprofit organization, we’re grateful for our donors and honored to share the work they make possible. We’re also excited to celebrate the success of students and teachers who used Khan Academy in 2017. Here are a few highlights:• School districts across the country and around the world partnered with Khan Academy in 2017 to bring our free resources into classrooms, especially those with traditionally underserved and underrepresented demographics. We’re proud to work with teachers to provide in-class practice, homework, review, and test prep.• We announced that practicing for the SAT on Khan Academy is associated with significant score gains. Research shows studying for the SAT for 20 hours on Khan Academy is associated with an average score increase of 115 points, nearly double the average score gain of students who don’t use Khan Academy.• More than one million students and 23,000 teachers took part in LearnStorm, our first-ever national education challenge. Students logged 90 million minutes of learning! We continue to have an impact where it’s needed most: 55% of students who participated in LearnStorm in 2017 attended schools where a majority of students qualify for free and reduced-price lunch.2017 was a big year for Khan Academy. As we look ahead toward the second half of 2018 and beyond, we’re energized to continue our work to support students and teachers around the world. Learn more about our work in individual school districts like in Long Beach, California  and across countries like  India and Brazil.Our mission of providing a free, world-class education for anyone, anywhere is made possible by generous support from donors like you. Please consider making a donation today. Thanks for your support. Onward!

Biorgaphy - 1278 Words

The New York Times March 1, 2013 Deep Philosophical Divide Underlies the Impasse By JOHN HARWOOD WASHINGTON — Let’s play truth or consequences with the budget sequestration that took effect on Friday. That can be difficult through the fog of political war that has hung over this town. But a step back illuminates roots deeper than the prevailing notion that Washington politicians are simply fools acting for electoral advantage or partisan spite. Republicans don’t seek to grind government to a halt. But they do aim to shrink its size by an amount currently beyond their institutional power in Washington, or popular support in the country, to achieve. Democrats don’t seek to cripple the nation with debt. But they do aim to preserve†¦show more content†¦It worked again when Republicans declined to fight anew over the debt limit until May, at the earliest. That doesn’t mean it will work again by making Republicans accept a second tax increase. Over the last generation, polarization has melted away the alloy that once narrowed differences between Republicans and Democrats, leaving both as masses of near-pure ideological ore. The Republican rank-and-file is purer — more conservative than the Democratic rank-and-file is liberal. Resisting tax increases is a matter of such deep conviction that some senior Republicans believe House colleagues would fire John A. Boehner as House speaker for conceding to Mr. Obama again. For less ideological Republicans, the partisan composition of their districts and states can make following national opinion riskier (against a more conservative primary challenger) than defying it (against a Democratic general-election foe). The difficulty of winning a second tax increase may ultimately make the president regret the fiscal-cliff deal, which brought only half the new revenue he considers necessary. For now, he seeks to grind down his opposition as the impact of sequestration mounts for air travelers, education programs and the Pentagon. Against Republicans’ solid edge on the issue of spending restraint (in this week’s NBC News-Wall Street Journal poll), he wields wide Democratic advantages on helping the middle class and protecting

Why Do You Buy Your First Rental Property - 1741 Words

Working in the technical industry has never taught me anything about real estate investing. When I was starting out, I seriously had no clue what I was doing. I would put most of my money in mutual funds since it was a little bit better than leaving it in a regular savings account. Don’t get me wrong my investment accounts had decent returns but I was looking for an even better investment to put my money in. A new way that could help me create passive income so that I could ultimately quit my job.  How To Buy Your First Rental Property While there are many ways to start growing your passive income, I chose real estate investing simply because I just LOVE everything about it. Not only has it helped me create an additional income stream,†¦show more content†¦I mean, why wouldn’t it be?! YOLO, right?! So if you’re like me, you will need to figure out how much money you’ve been wasting and start working on your spending habits. Start by making it a habit of tracking down everything that you spend. The easiest way to start cutting your expenses is to start a budget plan and learn to follow it. Resist the urges to blow your money on those â€Å"temporary high† purchases and invest into your long term wealth instead. Try to ask yourself before buying anything. â€Å"Do I need this or do I want this?† This simple question is enough to get rid of most of your bad purchases so you won’t end up having buyer’s remorse as often as before. Once you have established a good habit. Saving for your initial capital will be soooo easy! STEP 2: SETUP AN AUTOMATIC PAY-YOURSELF-FIRST INVESTMENT PLAN What does â€Å"Pay-Yourself-First† mean anyway? It simply means that when you get your paycheck, before paying for your bill(s) or credit card(s). PAY YOURSELF FIRST! Start by setting up an automatic deposit on the same day that you get paid and put a set amount of money away from your chequing account to a separate investment account. This is a good habit to have because this tricks your mind to think that you have no money when you look at your chequing account. In addition, if your savings account is directly connected to your debit card. Contact your bank and disable it so that you’re not able to select â€Å"Savings† if you pay with

Essay on St. Thomas Aquinas’ On Being and Essence

In St. Thomas Aquinas’ On Being and Essence, he devotes an entire chapter of his book discussing how essence is found in composite substances. â€Å"Form and matter are found in composite substances, as for example soul and body in man. But it cannot be said that either one of these alone is called the essence.’ Aquinas argues that in a composite substance, not only is the form but also matter in the essence of a thing. However, in Metaphysics, Aristotle says that essence is in the form, which acts upon matter. He writes, â€Å"The form or the thing as having form should be said to be thing, but matter by itself must never be said to be so.† Yet, Aristotle’s thesis poses a philosophical problem. If one supposes that Aristotle is correct, then†¦show more content†¦Furthermore, Aquinas says that matter is something added to its essence. In other words, matter is something outside its essence. Aquinas continues his argument that essence also does not signify a relationship between matter and form. Form and matter are both â€Å"characteristics of essence.† Matter is actualized through the form. Consequently, â€Å"matter becomes an actual being and this particular thing.† Aquinas writes, â€Å"For the being that a composite substance has is not the being of the form alone nor of the matter alone but of the composite.† In other words, the fact that something is ‘being’ is not because of its form alone or its matter alone but because of form that is informed on the matter. It is evident through passage found in Aquinas’ On Being and Essence, that essence is found in composite substances through matter and form together. Although Aristotle does not explicitly state this, he does say so implicitly. This essay will now turn to an interpretation and discuss Aquinas’ argument in relation to Aristotle. Although the material body and its substantial form are metaphysically distinct, neither the human body nor its substantial form alone is a substance. From the Aristotelian perspective, when we first make a distinction as to what a things is, we are acknowledging a thing’s form but not necessarily its matter. Aristotle writes in theShow MoreRelatedSt. Thomas Aquinas Essay823 Words   |  4 PagesSt. Thomas Aquinas, was a Dominican monk, who generally one of the greatest Scholastic writers of all times. He used ancient philosophy to prove religious propositions. One of the ancient philosophers that St. Thomas Aquinas used to prove religious facts was Aristotle. One of the greatest works that Aristotle did was to prove that god really exists. St. Thomas Aquinas used the forms that Aristotle and Plato used to prove the same philosophical question, does god really exist? St. Thomas AquinasRead MoreSt. Thomas Aquinas On The Existence Of God1338 Words   |  6 Pagesfocus primarily to proving the existence of God, as well as other religious tenets they held. Two Saints of the Catholic Church, St. Anselm and St. Thomas Aquinas, developed their own respective proofs for the existence of God. These proofs have gained fame over the subsequent centuries and still face debate and comparison today. Although both St. Anselm and St. Thomas Aquinas both offer proofs for the existence of God, the proofs differ drastically due to the distinct argumentative methods utilizedRead MoreSt. Thomas Aquinas And The Theological Principles Of Faith1831 Words   |  8 Pagesthan merely to contemplate† is a famous quote by St. Thomas Aquinas. It mentions how giving others the full truth about what they believe in is the best way for others to be willing members of a particular group. St. Thomas Aquinas always believed that there is nothing more sincere than the truth . It was always important to him to make sure everything he said was honest, especially speaking about the Lord so it wouldn’t be considered heresy. As Aquinas grew older and older, he started to learn moreRead MoreSaint Thomas Aquinas Essay1591 Words   |  7 PagesSaint Thomas Aquinas I chose to write about Saint Thomas Aquinas because I have heard of his life and found it interesting. There was also a large pool of knowledge to research from, about Saint Thomas Aquinas. I also knew he is called Doctor of the church and I wanted to learn more about that. I was interested in Saint Thomas Aquinas because he was misunderstood by his peers and was also called the Dumb Ox. I wanted to understand how someone can be so misunderstood stood and beRead MoreEssay about Theological Virtue of Charity1987 Words   |  8 PagesSaint Thomas Aquinas is one of the people accredited for having brought theology into the limelight. However, though theology existed long before the emergence of philosophers and fathers if the church, individualistic drives such as those of Aquinas brought a deeper understanding into the mysteries of theology. Modern day theology would not have gotten any bearing without the impact of philosophers and scholars who simplified the understanding of theological concepts. While it cannot be independentlyRead MoreThe Existence Of God s Existence1339 Words   |  6 PagesAs rational human beings, we often find ourselves questioning almost everything that we come across throughout our lives. From simple questions to complex questions, many strive to find proofs or evidence to appease our minds. Questions like â€Å"What is our purpose?† or â€Å"Why or how is the world created?† are some of the general questions that typically lead to the idea of God. The existence of God is one of the most sought out topic that is frequently inquired. Is there really a God or is God merelyRead More Natural Law Theory Essay661 Words   |  3 Pagesit was compatible to their religion. Probably the most famous of them was St. Thomas Aquinas. He stated in his Summa Theologiae that God gave man the ability to determine the difference of right from wrong by the *Eternal Law.* This law gave all beings a tendency to do what was proper or natural. He went on to say that by doing what was right, each being was in fact using divine reason. The natural law, according to Aquinas, was the participation in the Eternal Law, doing what was right.(Comptons)Read MoreHonesty And Knowledge : The Philosophy Of Saint Augustine, Saint Thomas Aquinas, And Immanuel Kant1249 Words   |  5 PagesHonesty and Knowledge: The Solutions to an Ethical Dilemma through the Philosophy of Saint Augustine, Saint Thomas Aquinas, and Immanuel Kant â€Å"Simon,† Larry says, â€Å"we are good friends; I consider it to be my duty to tell you that I have found a letter in your late father’s poetry book, indicating that he has had an affair.† Some of us will try to avoid coming face-to-face with our friend about such a gut-wrenching reality by keeping this distressing information a secret. Some of us will tell theRead MoreA Brief Analysis of Saint Thomas Aquinas Essay example1285 Words   |  6 PagesAll human beings develop at different rates, both physically and mentally. Furthermore, there are some special individuals that gain the ability to flourish in which they acquire a deeper understanding of life. This is usually is a result of one’s profound religious beliefs. Throughout history there has been scientific reasoning that has brought humanity to a higher domain of knowledge. Saint Thomas was born in 1225 and he came from a noble family from Naples, Italy. His work caused extreme controversially Read MoreThe Philosophy Of St. Thomas Aquinas1367 Words   |  6 PagesSt. Thomas Aquinas was an influential philosopher who strongly incorporated faith into his philosophy. In his Summa Theologiae, Aquinas uses his own arguments along with those of both Aristotle and Plato to strengthen his claims. First and foremost, Aquinas uses his own philosophy to back the Christian faith and the existence of God. However, Aquinas also extends his argument past the initial claim of God and Christianity, and it is here where he uses these other influential philosophers to help

Lose 20 Pounds-Free-Samples for Students-Myassignmenthelp.com

Question: Create a goal that follows the Smarts principles. Answer: Specific I would like to lose 20 pounds through the increase in exercises to be conducted every morning and evening for two months while cutting down on consumption of fatty and sugary food. I would focus on the specific aspects as I have over time neglected the core aspects that I used previously in maintaining and reducing my weight. Measurable In making my goals measurable, I shall focus on weekly weighing on the weight and record the loss experienced in each week. In between, I would convert this to ascertain the pounds lost and measure them against the target set for each week. At the same time, I would detect the reduction through observing my ability to do tasks which I previously felt tired and unable to carry out. Besides, I would measure the distance I cover on the first day and the last day of the week to ascertain the level of improvement which would determine the rate of achievement of the goal (Werle Lee, 2010). I will then keep a log of all the measurement details and the improvement level therein. Attainable Over time, I have suffered the consequences of increased weight ranging from ridicule, inability to perform some exercises, and several warnings from the doctor. As a result, the facts have led to the self-assessment and determination to attain the set goals and work hard towards reducing the negativities involved. The goal shall further assist me join my desired sport Basketball which requires vigorous exercise hence perceive the exercise as a preparation ground to attaining my dream game. Above all, improvement of my personal health and a sense of control over my body is my greatest motivation towards attaining the goal (Conzemius O'Neill, 2009). I have set sufficient funds for the program thus feel prepared enough to see it through to success. Relevant Attaining my goal is quite relevant to my well-being and granting me the permission to join my dream team in the basketball club. Since its a personal decision, I feel compelled by self to attain it for personal good (Conzemius O'Neill, 2009). The time remains ripe for the cut in weight as it would allow me join the team in the coming season set to begin in three months. At the same time, the present financial, political, and social environment supports my activity thus a success. Time-Bound I am set to begin on the 10th of this month and record daily proceedings and have established a proposed weekly and monthly target. Today, I take my time to ensure all I need is in place as I wait to begin the practice officially. References Conzemius, A., O'Neill, J. (2009). The power of SMART goals: Using goals to improve student learning. Solution Tree Press. Werle Lee, K. P. (2010). Planning for success: setting SMART goals for study. British Journal of Midwifery, 18(11), 744-746.

Resource shortage paper an Example by

Resource shortage paper The island of Palawan in the Philippines is home to the last frontier of ecological study in the Philippines. Palawan may be seen clearly from a topographic map of the Philippines as a narrow archipelago comprised of 1784 islands located at the west-southwest tip of the country. Palawan is known to be the largest island in the country, with its coastline spanning 2000 km characterized by numerous coves and bays (Budomo, 2004). Palawan is rich in natural resources, boasting tropical forests and coral reefs which are home to many endangered species. It is divided into 21 municipalities, 420 small towns and one city. Need essay sample on "Resource shortage paper" topic? We will write a custom essay sample specifically for you Proceed Undergraduates Often Tell EssayLab professionals: How much do I have to pay someone to make my paper online? Specialists recommend: Winning Academic Essay Writing Delivered On Time Best Essay Writing Service I Need Someone To Write My Essay For Me Write My Paper For Cheap Writing Services For purposes of this essay, the focus will be Palawans capital city, Puerto Princesa and its coastal and marine resources. The city has a total forest cover of 151405 hectares which is 60 percent of the total land area. 10000 hectares are allotted to national park reservations and 72000 hectares are allotted to agricultural purposes. A long mountain range cuts the city into two areas. Three bays surround the city as well, namely Honda Bay, Puerto Princesa Bay and the Ulugan Bay. 416 kilometers of coastline stretch the perimeter of the city while its coastal waters alone cover an area of 327568 hectares. The city has two types of climate, the dry season and the rainy season (Budomo, 2004). Since the area is a capital city, it was seen that the growing population had begun to take its toll on the resources of the city. Economic and environmental pressures as well as conflicts within the local government on use of resources were beginning to occur. Influx of migrants and the higher demand for fish and marine resources from other parts of the country were depleting the previously-mentioned resources. Studies conducted showed that mangrove and coral reefs in the region that were pristine and functional 10 years ago were now degraded and destroyed because of overexploitation. The people in the community were already experiencing problems of their own such as high dependence on dwindling coastal resources which lead to low household income, low education levels and growing populations. Further studies showed that only 19.3 percent to 50.63 percent of all total corals were alive. The degradation was attributed to cyanide fishing practices, careless dropping of anchor and use of dynamite (Budomo, 2004). This could be because of the low educational levels of the community and the lack of support from local government to educate and train local communities.Commercial fishermen were also beginning to invade the waters that were previously being fished only by the local residents. Land-based activities were also beginning to encroach on the safety of the resources, with extensivesoil erosion from upland activities finding their way into the river systems and coastal areas, contaminating the living environments of the fish and marine resources. Poor law enforcement may be attributed to this, as industrial efforts within the province increased. Continued use of destructive fishing practices by the ever-growing population was also seen as a problem that contributed to lack of fish. Water pollution and poor waste disposal (industrial and domestic waste) in the communities around the coastal and land resources also threatened the viability of the said resources. Fishery laws and natural resource laws were not being enforced properly to deter these illegal and destructive practices. The weather systems present in the region as well greatly affect the livelihood of the fishermen. During months of intense rain and storms, fishing is halted completely due to the danger it involves and the lack of environmental safety measures also cause the reefs and forests to sustain substantial damage, leading to more losses (Budomo, 2004). Most of the communities in the area depended completely on the coastal resources for livelihood, and with the numerous problems surrounding the resources, it may be seen that their survival is at stake. They turn to so-called mother boats which employ the smaller boats to fish for them and immediately buy all the catch of the latter to sell them. It had become common practice for the fishermen to borrow money in advance from these boat operators to be able to survive, which causes them to be buried in debt, so the fish they catch is not compensated anymore (Budomo, 2004). These problems show a wide range of issues that concern the natural resources in Puerto Princesa. The systematic and legal nature of the problems, along with how land and coastal resource use are interconnected because of the topography of the area call for an integrated approach in the solution. A community-based initiative and thrust on resource management is then inferred to be a possible solution to the wide range of problems. The project will use the dependency of the community on the resources at risk as an entry point. Tapping the community members potential for managing resources should be a main feature of resource management projects in the area. Since the majority of the problems in the area such as destructive fishing practices and poor law enforcement deplete coastal resources, training and education of community members is crucial. The fishermen themselves can become the enforcers of fishery law in the communities, as their livelihood depends on upholding the law to protect the resources that guarantee their survival. Also, a community-based effort will ensure the continuity of resource management as the youth of the community may be involved in the project. References Budomo, A. (2004). Puerto Princesa, Palawan. In Bureau of Fisheries and Aquatic Resources, Faces of the Sea: Community-based Fisheries and Coastal Resource Management (pp. 1-45). Quezon City Philippines: Fisheries Resource Management Project, Bureau of Fisheries and Aquatic Resources, Department of Agriculture.

Cellphone Rant essays

Cellphone Rant essays My Hell is a stadium of 20,000+ people in which everyone has a cell phone... Here's why. Say I'm walking down the street. Someone's cell phone happens to go off and thirty-five people all pat themselves down like they are on fire. To boot, the ring tone is nothing but an eardrum-shattering sonic boom of a cute, yet inaccurate version, of the latest pop molasses released for the mindless sheep we call mainstream radio listeners, It seems that the world renowned pocket communicator has swept the world is such a way that even children not a day over twelve feel the need to call their friends on a cell phone that has been so lovingly bestowed upon them by their materialistic and quite egotistical parents with morals that need to have a serious reality check. Who has the money for 600,000 anytime, anywhere, free-night-and-weekend minutes to shell out on a sixteen year old? Not I, yet there are some out there that suffer from gotta-buy-a-cell-phone-cause-my-son/daughter-might-not-look-cool-enough syndrome. Why do we succumb the beckoning to annoy the not-so-innocent public with the insatiable urge to raise our voices to that high level reserved for Jerry Springer guests and Televangelists into the receiver your receptionless handset just so that the probably nonlistening party on the other end can hear all about the size, color, and frequency of the contagious blue fungus on your teeth, or some other too-hot-for-TV topic. Do me a favor and use the cell phone for what it was meant to be, an emergency device. Not a release for an impulse to ask your buddies whats going on during second period when you know they are either sitting in class or they're ditching to go mud-riding with all their redneck compadres in one's dad's military-class war machine with a four-foot lift kit and pipes that sound like gun-shots that you wouldn't be able hear over ...

Personal Career Essay Example | Topics and Well Written Essays - 750 words

Personal Career - Essay Example First, I need to evaluate my principles/values and align my career in a way that honors these values in order to have a deep satisfaction in the career that I intend to pursue. Since childhood to date, I have passion for economics and finance and math. I really look up to building a successful career in financial analysis in a prominent investment firm. This is because this is a prestigious career that is highly respected in the business world and I intend to work my way from junior position to senior level. Secondly, I have to make adequate planning on my career. I believe I have done so, since I have already set my vision, mission and overall objectives. My vision is to be a highly qualified business analyst who provides quality services to others (Hooley, Watts, Sultana & Neary, 2013). My mission is participation in business consultancy world with the aim of providing quality financial solutions to firms, individuals, institutions and the government in general. Additionally my objectives are, to provide quality financial solutions to firms and to maximize profits while maintaining economic ethics. Additionally, since I am undertaking a business related course, I believe that the skills acquired will enable me perform the duties as required and since I intend to further my course by doing business mathematics, economics and computer packages, my skills will be very essential and will facilitate me achieve success (Hooley, Marriott, Watts & Coiffait, 2012). In addition to this, I intend to evaluate my career plans annually. This will bring clarity and focus to my career and enable me avoid distractions. This annual evaluation will enable me to reflect on my career course, as well as identify areas of failure, success opportunities wasted and threats to my career. It is very important to integrate personal likes, dislikes, hobbies, past time activities basic wants and needs in your career plan. In this regard, I have to

Security findemental (contract security guard service selection Essay - 1

Security findemental (contract security guard service selection exercise) - Essay Example ve been conducted on certain security regulating agencies for the understanding of their professional approach, dedication to services and the reputation of the company. The research was conducted on three reputed companies in the US and after intense scrutiny, the company selected for making contract with our company is the ‘US Security Associates’. The security guard contract company is selected based on certain criteria, which included revenue, medical benefits, company’s reputation, its strength and the years of experience it had in the particular field. The US Security Associates is selected because of its excellent success in the field of security services. The first and foremost reason was the company’s experience in the field. It was established in 1955, and currently, they are the fourth largest providers of security services in the country. The company has strength of around 46000 employees, 160 offices worldwide and clients of about 4700 including clients from various areas like the manufacturing industry, financial institutions, office building, retail, residential, energy and the utility services. The company also provides risk analysis as well as consulting advices. It is also the first company with an ISO 9001:2000 certification. The salary identified was $29000, annually, which is an affordable amount compared to other companies, and the company offers full time benefits for their employees in health care. The selection of the employees by the US Security Associates is based on the educational qualifications as well as certain qualified standards. The people recruited by them are based on the minimal education qualification, that is the high school diploma, and also each employee should posses the BSIS certificate. After going through the vision and mission of the company, it is crystal clear that they are the number one compared to the rest of the companies chosen for the bid and they are also capable of providing the best services for

Market and economic analysis of Cadburys

Market and economic analysis of Cadburys Cadbury was formed by a merger in 1969 . Since then the business has expanded into a leading international confectionery and beverages company. Through an active programme of both acquisitions and disposals the company has created a strong portfolio of brands which are sold in almost every country in the world. Cadbury has nearly 54,000 employees and produces Fast Moving Consumer Goods (FMCG). Its products fall into two main categories: Confectionery Beverages. Its portfolio of brands include leading regional and local brands such as Schweppes, Dr Pepper, Orangina, Halls, Trebor, Hollywood, Bournvita, and of course, the Cadbury masterbrand itself. These Products are sold in a range of countries depending on consumer preferences and tastes. The core purpose of Cadbury is working together to create brands people love. It aims to be judged as a company that is among the very best in the business world successful, significant and admired. The company has set five goals to achieve this, one of which relates to Corporate Social Responsibility (CSR) To be admired as a great company to work for and one that is socially responsible to its communities and consumers across the globe Cadbury plc is a leading global confectionery company with an outstanding portfolio of chocolate, gum and candy brands. It has number one or number two positions in over 20 of the worlds 50 largest confectionery markets. Cadbury also has the largest and most broadly spread emerging markets business of any confectionery company. With origins stretching back nearly 200 years, Cadburys brands include many global, regional and local favourites including Cadbury, Creme Egg, Flake and Green Blacks in chocolate; Trident, Clorets, Dentyne, Hollywood, Bubbaloo and Stimorol in gum; and Halls, Cadbury Eclairs and The Natural Confectionery Company in candy. (Cadbury, 2010). Impact of social welfare and industrial policy initiatives on Cadburys and the wider community The Cadbury Foundation, set up in 1935, is a corporate foundation working under charity commission guidelines, now funded by Kraft Foods.   The Foundation believes, as the Cadbury Brothers did all those years ago, that making a positive difference in our local community is not only good news for the community but also good for business. They want The Cadbury Foundation to make the most impact possible in local communities.   The Foundation therefore focuses its funding on the areas which we think are really important, they reflect the needs of everyday environment: employability, enterprise, the environment, London 2012, and health and welfare.   Doing this means that we can focus our funding and help to make a bigger impact.   The Foundation is managed by the Chair, Neil Makin, a retired Cadbury executive, and six trustees.   They meet three times a year, in the Spring, Summer and Autumn to consider requests for funding . The Cadburys group has a Corporate Community Investment strategy of Creating Value in the Community. This focuses on creating community partnerships that generate real, sustainable added value in: Education and enterprise Health and welfare The environment. EIRIS (Ethical Investment Research Service) survey 2002 commended the company for its carefully structured community involvement programme. CTB is also a member of the Business in the Community Percent Club; CTBs community contribution was around two of its UK pre-tax profits. In 2001 CTB launched its Community You Can Make a Difference programmes to maximise the impact of the business, its employees and community partners. Over 1,500 of the companys 7,000 workforce have been involved so far. Stakeholder expectations Cadbury Schweppes core purpose is Working together to create brands people love. The success of the organisation in meeting this purpose can be measured in terms of the value created for shareholders. However, this success is achievable only if the company respects its commitment to every one of its stakeholders. CTB believes in creating prosperous, educated and socially inclusive communities, not only because this is part of the companys heritage but because it is the right thing to do and makes good business sense. Corporate Community Investment has always been a core part of CTBs business philosophy. It is also something that its stakeholders expect. Stakeholders are the groups and individuals that play a part in an organisation. The external environment Successful businesses seek to create a fit between their line of business, way of operating and external environment. In recent years, there have been attempts to make UK society more inclusive. Groups that used to be treated as outsiders (e.g. disabled people, single parent families, people living in areas of poverty and educational disadvantage) are being brought into the mainstream of social and economic activity. The current UK government is promoting social inclusion and the part that businesses can play in bringing it about. For example, the government has encouraged businesses to work in partnership with government agencies and the local community to: Improve education and training opportunities Support small local businesses Promote housing projects Create employment opportunities through Welfare to Work programme. In the modern world the obligations of business to society have broadened and companies like CTB are building on a heritage of good citizenship in a more strategic way. CTBs community contributions take many forms e.g. cash grants, sponsorship, donations in kind, as well as the time, effort and skills that CTB people put into the communities in which they live and work. Impact of macro-economic policy and the influence of global economy on Cadburys. Here is a terrific example of how a long established business sees an emerging economy not just opportunity for growing sales and profits but also as a centre for production. MY evaluation of the impact of macro-economic policy is Spurred on by rising incomes and consumer demand, Cadburys is hoping to consolidate its dominant position in the Indian chocolate market by encouraging coconut plantations to switch production and establish a much bigger cocoa production capacity in India. The incentives to expand cocoa supply in India are strengthened by the 30% tariff imposed on imports of cocoa into India from countries such as Ghana and the Ivory Coast. The FT reports that Cadburys is hoping to source all of its cocoa beans domestically by 2015 and coconut farmers may hold the key as cocoa seedlings grow alongside coconut palms in southern India and therefore do not require fresh clearing of forests for plantations. The FT article claims that Cadbury controls more than 70 per cent of the chocolate market in India with a presence in 1.2m stores while Nestlà © controls about 25 per cent. It enjoys a dominant position in a market where sales are rising by more than 20 per cent per year. Reinforcing that market dominance is key for Cadburys it has spent heavily on marketing revamped chocolate brands in the Indian market including heavy cricket-related sponsorship but having a domestic supply chain will do more that pure marketing plays to keep their profits rising. Embroiled in what looks likely to be a protracted takeover bid from Kraft, Cadburys has suffered a blow with the news that its share of the UK confectionery market has dipped below 30 per cent for the first time in a while. The Times reports that Cadburys chunk of the chocolate market by value slipped 1.7 per cent to 29.8 per cent last month, the first time that it has fallen below 30 per cent all year. Market share of Mars, its biggest rival, slipped 0.6 per cent in the period. There are signs that aggressive pricing of basic chocolate bars by discount retailers such as Aldi and Lidl is having an effect; so too is the growth of sales for own-brand bars offered by Tesco, Sainsburys and the ongoing battle for customers between Waitrose and Marks and Spencer. Some customers have complained about a 75% rise in the price of a 230g bar of Dairy Milk in the last 12 months. High world cocoa prices have explained some of the price hike but Cadburys tactic of launching a new 100g bar priced a t  £1 had led some to claim that their are deliberately trying to anchor their prices at a higher level to raise profit margins as a defence against the takeover bid. The decline in market share suggests that chocoholics are more price sensitive than Cadburys might have forecast. More than 3,000 Cadbury employees face a three-year pay freeze unless they opt out of the confectioners final salary pension scheme. New owners Kraft Foods, the US food group, has told 3,600 staff that they must accept a pay cap after it discovered an obscure clause in Cadburys pension trust deed that makes it almost impossible to close the scheme. Kraft did not know about the clause, which is at least 30 years old, until after it acquired Cadbury for  £11.6bn ($17.6bn). A person with knowledge of the Cadbury pension fund said he did not know why such an unusual clause existed, but it could be linked to Cadburys Quaker heritage and its doctrine of giving a fair deal to staff and suppliers. Kraft is forcing employees to accept a pay freeze because it believes this is the only way it can get its future retirement costs under control. The scheme is unaffordable going forward, said one person involved Kraft came under fire from British workers over its broken promise to save from closure the Somerdale factory in Keynsham, Bristol, thereby safeguarding 400 jobs Reader M.P., a retired money manger who ran a top-rated fund noted: So Kraft did not do due diligence and now it wants to play dirty. Is it any wonder that American finance is now despised everywhere, even in the U.K! Yves here. So welcome to 21st century capitalism, where management never has to admit, much the less bear the consequences of its errors. Just take it out of the hide of the little guy. My evaluation of the influence of the global economy isThe takeover battle for Cadbury is all but lost, but the political battle may have only just begun. The sight of one of the most famous names in British industry falling to a hostile foreign bid would be controversial at the best of times, yet just months before a general election, the triumph of City short-termism over the job prospects of thousands of manufacturing workers could prove even more toxic than the recent furore over bank bonuses. To make matters worse, the government has already conceded there is little industrial logic behind Krafts bid: all about making a fast buck is how Peter Mandelson dismissed the original approach. The public intervention of the trade secretary marked a major shift in New Labour thinking towards the openness of the British economy, which has hitherto been held up as one our strengths. But with unemployment rising, and British companies blocked from making foreign acquisitions, it has become harder and harder to defend the tendency of British institutional investors to cut and run at the first opportunity. The Tories, who have been suspiciously quiet on the subject, will find it difficult to sit on the fence during an election campaign fought across the dozens of marginal seats in Cadburys West Midlands heartland. A chocolate manufacturer might seem an odd choice of battleground. Though it employs some 6,000 people in the UK (45,000 people globally and many more indirectly) this is no high-tech industry of the future. But politicians of all persuasions are beginning to question the cumulative affect of Britains relatively open market in corporate control. My own estimate is that around 50 leading companies (of a size to qualify for entry to the FTSE-100) have been swallowed up in recent years. In contrast, I can only think of handful of really large acquisitions made by British multinationals: BPs takeovers of Amoco and Atlantic Richfield, Vodafones bids for Mannesman and Airtouch and the distastrous Royal Bank of Scotland purchase of ABN Amro. By any international standards, the roll call of British names to lose their independence is stunning. In fact, its worth reading the rough and ready list I complied in full to see just how many household names have gone The mission and values statement for Cadburys Cadburys means quality, this is our promise .our reputation is built upon quality , our commitment to continual improvement will insure that our promise is delivered Social responsible A case could be made that shareholders will have a different view of social responsibility to employees in a business. The employees seek better pay and conditions, and opportunities for personal development and a career ladder. The shareholders seek increases in share prices and good levels of dividend. However, the two are really interlinked. A company that provides good working conditions and values its employees will benefit from committed, hard working employees who enhance long term profits. Cadbury Schweppes takes its corporate social responsibility agenda seriously. As such it is a member of organisations like Business in the Community, International Business Leaders Forum and the Institute of Business Ethics. These organisations seek to improve the impact companies have on society. A key part of the Cadbury Schweppes approach to business lies in its ethical behaviour and close relationship with its stakeholder groups. As a company it believes that: Respecting human rights and trading ethically is fundamental to the way we work, not just within our owned and operated businesses but also in how we interact with our wider value chain.* In Our Business Principles Cadbury Schweppes continues: We believe that good ethics and good business go together naturally, to produce the best long term results for all our stakeholders. The original Cadbury company was heavily influenced by the Quaker values of the Cadbury family who started the chocolate business over 150 years ago. The Quakers promote justice, equality and social reform. The legacy of these ideals informs Cadburys culture today and unites its many businesses around the world who uphold this heritage and act in an ethical manner. From the outset, Cadbury treated employees with respect and cared for their welfare. The companys site at Bournville, near Birmingham, has always been more than just a factory having extensive amenities such as housing, sports facilities and parks all being part of the original complex Owners Kraft is the main shareholder of Cadbury, U.S. food giant Kraft today won its five-month battle for control of Cadbury after shareholders backed its takeover offer. The vote paves the way for Kraft to snap up Cadbury ending its 186-year history as an independent company. Krafts cash-and-shares deal, recommended by the Cadbury board two weeks ago, values the UK firm at around  £11.4billion. Krafts announcement came after one of its key shareholders revealed it had voted against the firms plans to sell new shares to help fund the proposed Cadbury takeover However, Hathaway, which owns 9.4% of Kraft, said it might change its vote if the final bid does not destroy value for Kraft shareholders. BBC business editor Robert Peston said that, as a result, Krafts plans to buy Cadbury were now in jeopard Products Cadbury chocolate Cadbury Creme Egg Twisted Bar Cadbury Double Decker Curly Wurly Cadbury Dairy Milk Freddo   Cadbury Boost Bournville Creme Egg Caramilk Crispy Crunch Crunchie Dairy Milk Fingers Flake Fudge Mini Eggs Picnic Roses Shots Snack Star Bar Former Brands Aztec (UK) Animals Country Style (UK) Crave (Australia) Creme Egg Mint (UK) Dairy Milk Almond Honey Dairy Milk Orange Chips Dairy Milk with Shortcake Biscuit Dairy Milk with Creme Egg Dairy Milk Crispies Dairy Milk Wafer Double Decker with Nuts Dream with Strawberry Frys Chocolate Chocolate Cream dark chocolate with fondant centre Peppermint Cream Orange Cream Five Centres (no longer in production) Turkish Delight Green Blacks Green Blacks is range of upscale organic and Fair trade chocolate. The Maya Gold variety was the first UK product to be awarded Fairtrade certification in 1994. Green Blacks also produces a range of ice cream, biscuits, and hot chocolate. Milk White Maya Gold dark chocolate with orange and spices Almond Raisin Hazelnut Hazelnut Currant Mint Caramel Cherry Ginger Butterscotch Hazelnut, Almond Brazil Espresso dark chocolate with coffee flavour Dark Almond Sweets Bassetts Liquorice allsorts Fruit Allsorts Desert Allsorts Sports Mixture Jelly Babies Milky Babies Fruity Babies Party Babies Sherbet Lemons Fruit Bonbons Lemon Bonbons Pear Drops Dolly mixture Sweetshop Favourites Assorted Toffees Murray Mints Mint Creams Mint Favourites Imperials Imperials Spearmint Everton Mints Animal Mix Snakes Sour Squirms Sour Squirms Maynards Sours Midget Gems Fuzzy Peach Fruit Gums Wine Gums Swedish Berries Mints and chewing gum Trebor Mints Extra Strong Mints Extra Cool Mints Spearmints Softmints Softmints Peppermint Softfruits Softmints Ice (Pakistan) Mini Mints 24-7 Trident Trident Soft Peppermint Spearmint Tropical Twist Strawberry Smoothie Trident Splash Strawberry and Lime Vanilla and Mint Raspberry and Peach Apple and Apricot Citrus and Blackberry Trident Fresh Oooh Peppermint Aahh Spearmint Coool Lemon Trident Sweet Kicks Mint with Chocolate Hollywood Chewing Gum Original Style Sphere 2 Fresh Sweet Gum Cadbury Adams Cadbury Adams products. Miscellaneous Beverages Bournvita Cocoa Orange Crush (Canada) Cool Ridge spring water (Australia) Export Cola (Australia) Highlights low calorie hot chocolate Highlights Chocolate Highlights Dark Chocolate Highlights Mint Highlights Orange Highlights Fudge Highlights Toffee Highlights Cafà © Latte Highlights Espresso Drinking Chocolate hot chocolate powder Instant Hot Chocolate Passiona (Australia) Spring Valley Juice (Australia) Solo (Australia) Baking Bournville Cocoa Cooking Chocolate Milk Cooking Chocolate Dark Cooking Chocolate Minis Buttons Minis Curls Minis Sprinkles Minis Others Bytes (India) Cadbury Dairy Milk Ice Cream Chocolate chip ice cream Cake Bars Cake Bars Milk Chocolate Cake Bars Fruit Nut Cake Bars Caramel Cake Bars Mint Crisp Cake Bars Orange Crisp Cake Bars Strawberry Jam Chocolate Gateau Chocolate Tart Milk Chocolate Spread (Produced under licence by Premier Foods) Mini Rolls Mini Rolls Milk Chocolate Mini Rolls Caramel Mini Rolls Strawberry Vichy Pastilles (Cadbury France) Employees the last time this was recorded in 2008 it was 71,657 Cadbury is more than a business, it is a British institution with worldwide reach and employees across 60 countries.   So whilst the investors, shareholders and foreign competitors savour the chance to make a quick buck, spare a thought for the 45,000 Cadbury employees who have many more months of uncertainty ahead of them. Stakeholders analysis by Mendelows Matrix for Cadburys Following categorisation of stakeholders in a manufacturing company: Low + Low : Small customers, Small Shareholders High + Low: Major Customers, Central Govt, Media Low + High: Employees, Environmental Groups, Local Community High + High: Institutional Investors, Local Planning Authority A Stakeholder Analysis is an approach that is frequently used to identify and investigate the Force Field formed by any group or individual who can affect or is affected by the achievement of the objectives of an organization. Stakeholder Analysis identifies the ways in which stakeholders may influence the organization or may be influenced by its activities, as well as their attitude towards the organization stakeholders Owners Buyers Employees The power and influence of stakeholders: The extent to which stakeholders affect the activities of an organisation depends on the relationship between the stakeholder and the organisation. Mendelows matrix provides a way of mapping stakeholders based on the power to affect the organisation and their interest in doing so. It identifies the responses which management needs to make to the stakeholders in the different Cadburysannualreport2008 2008 Highlights à ¢Ã¢â€š ¬Ã‚ ¢ Base business1 revenue up 7%; strong growth across emerging markets and focus brands o Good growth across all categories; chocolate up 6%, gum up 10%, candy up 6% o Emerging markets up 12%; five year compound average growth of 12% o Focus brands up 8%; Cadbury Dairy Milk up 11%, Trident up 11%, and Halls up 9% à ¢Ã¢â€š ¬Ã‚ ¢ Underlying margins up 150 bps driven by Vision into Action cost reduction initiatives o Reported margins up 180 bps to 11.9% o Price realisation offset input cost increases à ¢Ã¢â€š ¬Ã‚ ¢ Strong financial performance o Proforma EPS up 16%; up 30% at reported currency o Recommended final dividend of 11.1p (2007: 10.5p); full year dividend 16.4p, up 6% o Improved Return on Invested Capital, up 110 bps o Secure financing average maturity of long-term debt 6 years à ¢Ã¢â€š ¬Ã‚ ¢ Transformation of the business into a category-led pure-play confectionery company o Demerger of Dr Pepper Snapple Group completed in May o Announced a conditional agreement to sell Australia Beverages for  £550m (Except where stated all movements use constant currency see Basis of Preparation on page 3 for impact of exchange) Todd Stitzer, Cadburys CEO said: In 2008, Cadbury completed its transformation into a pureplay confectionery company. Our strong revenue growth and significant improvement in operating margin demonstrate the relative resilience of our focused business model. Whilst we will not be immune from the continued weak economic environment, at this early stage in 2009, we expect to deliver revenue growth around the lower end of our 4-6% goal range and to make good progress toward our goal of mid-teens margins by 2011. Results for the year 2008 The Financial Statements for the year ended 31 December 2008 are presented in the appropriate section of this Report. The summary of performance is as follows: The Group The Company 2008 2007 2008 2007 Nm Nm Nm Nm Turnover 24,298 19,937 21,729 18,018 Loss before Tax (2,848) (4,198) (3,087) (3,987) Group turnover grew 22% (2007: 4%) with Gross Margin at 27% (2007: 23%). Loss before taxation also improved compared to the prior year with a reduction of N1.4 billion or 32%. Loss after tax increased due to the decreased impact of the deferred tax credit in the current year compared to the preceding year. Investment in fixed assets was moderate at N0.6 billion (2007: N0.7 billion) for the year. As a result of the decrease in operating cash flows, there was an increase in overdrafts and short term borrowings of N73.5 million compared to a reduction of N1.5 billion in the prior year. Interest paid increased to N2.1 billion (2007: N1.9 billion) arising from increased borrowings during the year as well as an increase in borrowing rates from an average of 13% in 2007 to an average of 16.5% in 2008. The cost of interest on bank borrowings makes equity re-financing necessary to accelerate the ability to pay future dividends. These results show a good growth of the business in spite of the circumstance of 2006, and reflect the benefits of our strategic focus, which will see us advancing our competitive position even further in Responsibilities of Cadburys to its stakeholders and the strategies Stakeholders Any individual or group that has a legitimate interest in an organisation and what it does and capacity to effect the organisation There are three type of stakeholders in an organisation Internal Connected External Internal Intimately connected and lot of influence over how the organisation run Connected Outside the organisation but have a vested interest in the success of the organisation Shareholders /owners return on inv is their prime interest, ethical performance can be important Bankers security of loan Customer -want the product or service , large customer have influence over price , quality and development Suppliers ­ receive payment External Diverse objective and a vary ability to influence the organisation e.g central government local government pressure group To stakeholders, key legal responsibilities eg consumer employment, disability discrimination and health and safety, diversity and equal opportunities, stakeholder pensions; wider responsibilities including ethical, environmental and ethical practice. (HNC Business, 2010). stakeholders 1. Owners 2. Buyers 3. Employees Cadbury Cocoa Partnership: In 2008 Cadbury set up the Cadbury Cocoa Partnership to secure the economic, social and environmental sustainability of around a million cocoa farmers and their communities in Ghana, India, Indonesia and the Caribbean, through: Improving cocoa farmer incomes: by helping farmers increase their yields and produce top quality beans Introducing new sources of rural income: through microfinance and business support and introducing additional income streams Investing in community led development: to improve life in cocoa communities Working in partnership: Farmers, governments, NGOs, international agencies and local organisations will work together to decide how the funding is spent and turn plans into action This ground-breaking initiative, which is carried out in partnership with the United Nations Development Programme (UNDP) and other partners, marked 100 years since the Cadbury brothers first began trading in Ghana and aims to holistically support the development of sustainable cocoa growing communities. Cadbury is investing  £45 million over 10 years. In June, 2009 Cadbury awarded Gold today for sustainable business practice by Business in the Community in their Corporate Responsibility Index, launches its Geography online educational resource this month. Skills Space supports the work of the Cadbury Cocoa Partnership and the Cadbury Dairy Milk Fairtrade certification. Skills Space enables students to learn about Ghana, how cocoa is grown, the lives of cocoa farmers, the interdependence between Ghana and chocolate manufacturers, and discover more about sustainable farming. Alex Cole, Global Director of Corporate Affairs at Cadbury said: As a global company, we have access to a huge amount of information and resources that can inspire and have real value to young people studying business and associated subjects. We have always received a large number of enquiries from teachers and pupils looking for real-life case studies to support learning in the classroom. Skills Space has been developed in specific response to this demand, and we hope that this new online resource will prove to be a useful tool in their studies. Through Skill Space, Cadbury reflects that it is more important than ever for businesses to acknowledge the impact they have on society and the environment, and commit to tackling the issues, not just because they should, but because its good for business, as acknowledged in the BiTC CR Index. Main Aspects of Porters Five Forces Analysis The original competitive forces model, as proposed by Porter, identified five forces which would impact on an organizations behaviour in a competitive market. These include the following: à ¢Ã¢â€š ¬Ã‚ ¢ The rivalry between existing sellers in the market. à ¢Ã¢â€š ¬Ã‚ ¢ The power exerted by the customers in the market. à ¢Ã¢â€š ¬Ã‚ ¢ The impact of the suppliers on the sellers. à ¢Ã¢â€š ¬Ã‚ ¢ The potential threat of new sellers entering the market. à ¢Ã¢â€š ¬Ã‚ ¢ The threat of substitute products becoming available in the market. Understanding the nature of each of these forces gives organizations the necessary insights to enable them to formulate the appropriate strategies to be successful in their market. (Thurlby, 1998). The Degree of Rivalry: The intensity of rivalry, which is the most obvious of the five forces in an industry, helps determine the extent to which the value created by an industry will be dissipated through head-to-head competition. The most valuable contribution of Porters five forces framework in this issue may be its suggestion that rivalry, while important, is only one of several forces that determine industry attractiveness. à ¢Ã¢â€š ¬Ã‚ ¢ This force is located at the centre of the diagram; à ¢Ã¢â€š ¬Ã‚ ¢ Is most likely to be high in those industries where there is a threat of substitute products; and existing power of suppliers and buyers in the market. The Threat of Entry: Both potential and existing competitors influence average industry profitability. The threat of new entrants is usually based on the market entry barriers. They can take diverse forms and are used to prevent an influx of firms into an industry whenever profits, adjusted for the cost of capital, rise above zero. In contrast, entr

When Filing for Bankruptcy in Canada :: essays research papers

This received a 27/28 in my OAC law class so, have a blast..... WHEN FILING FOR BANKRUPTCY IN CANADA The law sometimes seems to pervade all aspects of our lives and an involvement with bankruptcy and insolvency law has proved to be almost unavoidable for business people in Canada during the 1990's. In simplest term, corporate and individual bankruptcy law provides a set of rules to prevent chaos among the creditors of an insolvent corporation or individual. The legislation is a complex in part because those creditors fall into so many categories-secured creditors, unsecured creditors, government creditors, and so on-each with its own special rights and interests in the bankruptcy process. Canada's federal bankruptcy statute, the Bankruptcy and Insolvency Act, also deals with corporate receivership. A receivership is not the same as a bankruptcy. By the same token, a receiver is not the same as a trustee in a bankruptcy. However, the two systems have a lot in common and a receivership of an individual or a corporation usually occurs at the same time as a bankruptcy. Corporations that have become insolvent can try to avoid bankruptcy and receivership by reorganizing their finances. The Bankruptcy and Insolvency Act deals with reorganizations and another federal statute, the Companies' Creditors Arrangement Act, may offer relief to some corporations. Some of Canada's biggest news stories of the past few years have concerned the attempts of major Canadian companies such as Olympia & York, Algoma Steel, Grafton Fraser, Woodwards, Westar Mining, and Birks, to complete reorganizations. But the most well known companies were both Air Canada and Canadian Airlines. Air Canada, Canadian Airlines, and United Airlines are all commercial passenger air carriers. Beyond that, they have only a few similarities. All are old commercial carriers that were facing bankruptcy together until the Canadian Postal Service approved air travel for Canadian Mail in 1925. There, they reached a point of divergence that continues today. AIR CANADA Time Magazine's November 17, 1958 cover sported a diagonal banner across one corner reading "Jets Across Canada." (Goutierez, 1997). At the time of the article's publication, "Air Canada had earned a reputation as an industry leader, and this, coupled with the high-profile leadership of 'Mr. C.R.,' made Air Canada's imminent transcontinental jet service the catalyst for an exciting new era. Time wrote that although Pan Am had already flown jets across the Atlantic, C.R. Smith and Air Canada would usher in the 'Jet Age' for most Canadians with the introduction of

Buad 3010 Text Bank Chp 1

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