Thursday, August 27, 2020

Tata Steel Case Study Analysis Essay Example

Goodbye Steel Case Study Analysis Paper Presentation The Tata Group is a huge gathering of organizations that command markets in India. The association has built up itself as a pioneer in business sectors, for example, the carrier business, inn, programming, speculation, and steel industry. There is a long history of corporate obligation inside the gathering, and it is nothing unexpected that all Tata organizations have embraced a Tata Code of Conduct just as numerous global principles. Goodbye Steel is one of twenty-eight significant partnerships inside the Tata Group. Established in 1907, it is the biggest private segment steel organization in India. Tasks are spread the nation over, with the steel producing unit at Jamshedpur, and other assembling and mining exercises arranged in the conditions of Jarkhand and Orissa at eight areas. The Tata Group central station is situated in Mumbai, Maharastra. This paper gives a review and examination of the bookkeeping issues that Tata Steel is confronted with in the wake of securing a remote organization. Organization Profile Tata Steel, fused in 1907 by Shri Dorabji Tata, is Indias biggest private area steel organization having a place with the Tata Group. The organization fabricates completed steel, both long and level items like hot and cold moved loops and sheets, electrifies sheets, tubes, wire poles, development re-bars, rings and orientation. The organization showcases its items in brands like Tata Steelium, Tata Tiscon, Tata Pipes, and so forth. The organization is among the most reduced cost makers of steel on the planet. Its principle plant is situated in Jamshedpur, having an assembling limit of 5 MTPA (million ton for each annum) while its preparing units, hostage iron metal and coal mineshafts are situated in the conditions of Orissa, Jharkhand, Maharashtra, Gujarat and West Bengal. We will compose a custom paper test on Tata Steel Case Study Analysis explicitly for you for just $16.38 $13.9/page Request now We will compose a custom paper test on Tata Steel Case Study Analysis explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom exposition test on Tata Steel Case Study Analysis explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer With its administrative center situated in Mumbai, the organization capacities through a system comprising of exchanging arms and activity and ventures destinations spread across nations in the landmasses of Asia, Europe and America. Aside from Steel there are six Strategic Business Units or divisions for Bearings, Ferro Alloys and Minerals, Rings and Agrico, Tata Growth Shop, Tubes, and Wires. It works in excess of 20 nations and has a business nearness in more than 50. In the previous scarcely any years, Tata Steel has put resources into Corus (UK), Millennium Steel (renamed Tata Steel Thailand) and NatSteel Asia (Singapore). With these, the organization has made an assembling and showcasing system in Europe, South East Asia and the Pacific-edge nations Problem Tata Steel Faces Tata Steel is confronted with an intense, and fairly unpredictable, issue. The organization has worldwide desire. I mean the organization needs to set up itself as a force and contender in the worldwide commercial center. Goodbye Group obtained UK based Corus Group, a settled steel organization in its own right, by method of a $12. 1 billion arrangement. The arrangement was somewhat supported with a $6. billion dollar credit that was fundamentally named in Euros. The money where the Corus Group earned the vast majority of its incomes was Euros. It appeared well and good for the Tata Group to subsidize the arrangement in Euros so as to abstain from presenting the obligation to cash chance. The issues that the Tata Group would look because of this arrangement achieved an issue that the association truly didn't have a lot of involveme nt with managing. Due to the cash section issues with this arrangement, the Tata Steel would have a risk of over $600 million on its monetary books. In spite of the fact that, the truth is that Tata Steel has a sound and adjusted money related structure and bookkeeping rehearses. Due to worldwide bookkeeping laws that India and the Tata Group have embraced, on the books it looks as though Tata Steel is convey a greater number of liabilities or obligations than it truly is. This is critical on the grounds that a speculator or investor would take a gander at the company’s financials and imagine that the association isn't as monetarily steady as it truly seems to be. Goodbye Steel utilized Indian Generally Accepted Accounting Principles (IGAAP) to set up their budget reports. IGAAP converged with the worldwide bookkeeping framework known as the International Financial Reporting Standards (IFRS). The issue with this is by IFRS measures the merger, or characteristic support, was not perceived. IGAAP and IFRS both ordered that outside money credits be designated in the getting company’s home cash for bookkeeping purposes. This made an announcing issue for Tata Steel when in all actuality there was no monetary issue with the arrangement. SWOT Analysis of Tata Steel Strengths Global situation in steel industry Goodbye Steel is one of the most prosperous and productive steel organizations on the planet. The obtaining of Corus and other worldwide steel organizations have supported Tata’s position in the commercial center and made it one of the top steel organizations on the planet. Corporate administration Tata Steel has had an excellent record for corporate administration. It has set the benchmark in worldwide corporate administration standards of responsibility, straightforwardness, and value for others to follow. Goodbye Steel has been reliably accepting renowned honors at both the national and the global field. The organization was granted the Best Governed Company Award in 2006 for corporate practices introduced by Asian Center for Corporate Governance. Brand esteem The Tata Steel brand, inferable from its exceptionally moral and a communist way to deal with business, has made its name equal to trust. The procurement of Corus made Tata Steel a considerably increasingly legitimate and ground-breaking organization. Tats Steel was a notable brand even before the securing of Corus. The expansion of Corus makes Tata Steel one of the most notable and gainful organizations on the planet. Development of Tata Steel Goodbye Steel has the least working expense for steel produce on the planet. Further it has shown viable methods in embracing an eco-accommodating and maintainable methodology towards the assembling of steel therefore proactive measures are attempted to guarantee the representatives wellbeing and profitability through ergonomically planned work stations and by shielding them from word related risks. Versatility to the quick changing worldwide business condition Tata Steel has shown gigantic nimbleness in the ongoing past during the worldwide monetary emergency. Its virtuosos of different fields have received different strategies like bringing down creation and in any event, closing down steel plants because of the absence of interest, dealing with the monetary record productively and so forth. The organization has 70% of its acquisition of crude materials for its tasks in Asia through long haul contracts thus its edges can be protected from the subtleties of the unpredictability of the money related markets. Supervisory crew Tata Steel has an exceptionally solid supervisory group who has shown their aptitudes in growing the organization through different imaginative techniques. The organization has effectively gained Nat Steel of Indonesia, Millennium Steel of Thailand and all the more critically UK based Corus. The company’s virtuosos of money have had the option to discover creative approaches to handle the company’s obligation and keep the main concern in the green zone in spite of lower request and a great deal of amassed obligation. Shortcomings Debt trouble Tata Steel has an absolute obligation of $9. 8 billion USD on its books, quite a bit of it from the Corus obtaining. The organization intends to renegotiate $6. 5 billion of its drawn out obligation. It has a horrible obligation to value proportion which implies the advantages of the organization are to a great extent financed through obligation. With the consistent increment in expansion most nations are starting to fix credit and liquidity in the currency markets. Because of swelling expands, loan fees are on the ascent too. An expansion in financing costs implies an expansion in the company’s liabilities. This will additionally add to the debasement of Tata Steel’s monetary record. Moderate bookkeeping rehearses India has extremely preservationist bookkeeping gauges. The framework works inside the nation yet needs adaptability and flexibility with regards to announcing contrasts in money. Since the Tata Group has worldwide goals, the organization must arrangement in different monetary standards while working with worldwide organizations. The issue lies in the guidelines overseeing the bookkeeping rehearses inside India. Every single remote money must be changed over to the nations of origin cash when giving an account of fiscal reports. Innovation Many steel organizations have executed various advancements into their plants to make creation and profitability progressively effective. There is another fluorescent x-beam innovation that a few organizations have received. Goodbye Steel is inadequate here. Goodbye Steel has neglected to embrace new innovation to bring down expense, improve creation, and improve representative security measures. Acquisition theory of its auxiliaries The biggest auxiliary of Tata Steel, Corus, has high introduction to spot costs and a higher operational equipping among the bigger European steel organizations. Thus it has the danger of unpredictability related with evaluating, one of the key components in deciding benefit of a product organization. Openings Serious position Tata Steel is the second biggest maker of steel in India and the 6th biggest maker on the planet. Throughout the years Tata Steel has been obtaining different steel organizations around the globe, the most recent being Corus. There is a great deal of space for Tata to develop and additionally set up itself as an enduring force in the worldwide commercial center. Innovative advances Tata Steel has demonstrated massive coordination capacities before. With the acquis

Saturday, August 22, 2020

Environmental issues Essay

What ways has finding out about new ecological issues changed the method of living economically? The information on natural issues has changed the manner in which we live. We gain so much from our past encounters. Ecological issues cleared a route for logical headways. A case of this is the development of elective fuel in vehicles. Ecological issues help advance informal organizations among nations. Data innovation improved our correspondence with others. We find out about counter proportions of certain natural issues from them and thus, we share our insight to them. In our regular day to day existences, we become familiar with the significance of neatness and order. Tossing our trash anyplace may begin a pestilence and result to death of creatures and plants just as people. What significant data has the best effect in transit you think about the earth? How might you apply this information later on? The most significant data that changed my perspective about nature is the information on Global Warming. Why? All things considered, among the greatest errors people at any point made was to cause the exhaustion of the ozone layer. Its belongings are wrecking yet there isn’t a compelling method of halting it. The information on such issue will help spare humankind. I might be the one to figure out how to stop Global Warming later on. In any case, if just all will help in taking care of this issue, we may have the option to locate the best method of sparing the earth, sparing our own lives. Reference: Global warming. (n. d. ). Britannica Concise Encyclopedia. Recovered March 02, 2007, from Answers. com Web webpage: http://www. answers. com/point/a dangerous atmospheric devation

Friday, August 21, 2020

How to Write a Good Position Paper

How to Write a Good Position PaperIf you want to know how to write a good position paper, the first thing you need to do is define what the objective of the paper is. Are you trying to promote your own products or services? How about going after a particular clientele?Knowing how to write a good position paper will tell you exactly how to position your keyword phrases and build your backlinks. It will also tell you how to begin the basic outline of your position paper. Here are some tips to help you get started.A good position paper will have three parts. The first part will be a summary of what you want to accomplish with your clients. In this section, be sure to include any testimonials, client testimonials or feedback you may have on your product or service.A great way to start writing is by including bullet points, or chunks of text, within each bullet point. It helps to think of your idea as a bunch of words that need to be put together. You can add in bold or italics for emphas is. This is a great way to start your position paper.Your idea needs to be organized, so create a table of contents. This is a short list of the various sections of your position paper. It is important to separate your ideas into parts and sections so you can write separately and then add the other parts later.Different people use different ways to structure their thoughts and information. The best way to develop a position paper is to find the best way for you personally and be able to share that with others. It is a way to expand your learning.Another helpful technique for developing a good position paper is to start with a strong headline. Once the head of the body, use the rest of the body to back it up. It is important to take this idea and take it one step further to make it really useful to people who read it.Also remember to include your own backlinks. You will need your own links to help increase your ranking on the first page of the search engines. Backlinks are how people are told that you have something relevant to say about the topic and where they can get more information about your business.

Tuesday, May 26, 2020

Chemistry Glossary Definition of Molality

Molality Definition: a unit of concentration, defined to be equal to the number of moles of solute divided by the number of kilograms of solvent. Molality is abbreviated as molal. Examples: The solution made by dissolving 0.10 moles of KNO3 into 200 grams of H2O would be 0.50 molal in KNO3. Return to the Chemistry Glossary Index

Friday, May 15, 2020

Jewish Immigration And Palestine During The 1920s And 1930s

International Academy Okma Peer Edit 2: IB 1 History Internal Assessment What was the significance of Jewish immigration to Palestine in the 1920s and 1930s? Word Count: 1,945 words Table of Contentsî ¿ ¿ A: Plan of the Investigation 2 B: Summary of Evidence 3 C: Evaluation of Sources 5 D: Analysis 6 E: Conclusion 8 F: Work Cited 9î ¿ ¾ A: Plan of the Investigation 2 What was the significance of Jewish immigration to Palestine in the 1920s and 1930s? The investigation assesses demographic shifts to Palestine in the context of the Arab-Israeli Conflict. It more specifically inquires about the impact of Jewish immigration on Palestine in terms of the effects it had on Jewish-Arab relationships in Palestine. It seeks to determine the extent the third, fourth, and fifth aliyahs of 1919-1939 had on the economic development of the Israeli State and its social implications. Monographs and general texts will be used to provide background on the conflict, including the rise of Zionism, the British Mandate, the White Paper, and the Peel Commission. This context will also be used to critically analyze the role of Jewish immigration to Palestine and the role it played in land reforms, rioting, and the implementation of restrictions set by the British government on Palestine. Two secondary sources, William L. Cleveland’s A History of the Modern Middle East and Howard M. Sachar’s A History ofShow MoreRelatedArab-Israeli Conflict Essay783 Words   |  4 PagesDuring the time of the Mandatory Palestine, the Balfour Declaration signed in 1917, stated that the government of Great Britain supported the establishment of a Jewish national home in Palestine. This exacerbated tensions between the Arabs living in Mandate Palestine and the Jews who emigrated there during the Ottoman period. 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Organized political Zionism grew from tsaristRead Moreâ€Å"To what extent do you consider foreign intervention the most significant barrier to peace between Arabs and Israelis across the period 1900-2000?†1735 Words   |  7 Pages â€Å"To what extent do you consider foreign intervention the most significant barrier to peace between Arabs and Israelis across the period 1900-2000?† Throughout the 20th Century relations between Arabs and Israelis in Palestine have undergone immense tension, change and deterioration, with both parties facing many barriers to peace. Foreign intervention is often listed as one such barrier to this peace. While the importance of foreign intervention cannot be omitted, other factors can be argued toRead MoreThe Israel Palestine Conflict Essay987 Words   |  4 Pagesthe Israelis had autonomous authority in Israel and were able to run the country and its people perfectly fine. Then in the first century B.C., the Romans invaded, causing chaos and messing the country up. Later, they forced the Jewish people in the country to leave. During the next 2,000 years, some Israelis moved to Europe and Russia, while many stayed and continued to live in the Middle East under the rule of the empire at the time decided to pursue a war on a impulse. The Palestinian people areRead MoreThe Historical Area Of Israel And Palestine1493 Words   |  6 PagesThe history of the geographical area substituting Israel and Palestine is one of war and bloodshed. For nearly three millennia people have been fighting over the ‘Holy Land’ in wars that were religious in their essence. An understanding of the historic background of the area is important to comprehend the present-day reasons for the complexity of the task of conflict resolution. The simplified timeline provided below is an attempt to summarise the most important events. Since the Israelites’ conquest

Wednesday, May 6, 2020

M2, Review Strategies Used in Health and Social Care...

M2, review strategies used in health and social care environments to overcome barriers to effective communication and interpersonal interactions. D1, evaluate strategies used in health and social care to overcome barriers to effective communication and interpersonal interactions. Introduction There are many differing ideas on the best way to communicate in health and social care and there are many strategies used by the many differing professionals working in health and social care. This assignment will review the different strategies used and then will evaluate the differing strategies and their effectiveness when overcoming barriers to effective communication and interpersonal interactions. M2; There are lots of different strategies†¦show more content†¦www.skillsforlife.co.uk also believe that a negative side to this is that not all professionals have time to learn about this and also a lot of the time our emotions, facial expressions and body language is sub-conscious and not controlled. D1; This part of the assignment will evaluate the strategies used in health and social care. It will evaluate the pros and cons of communication and how they are used to overcome barriers to communication and interpersonal skills. Strategies are used in health and social care to give the service users the best possible chance of getting back to full health as soon as possible and provide on-going treatment or care into the future as and when it is no longer required. They are in place to promote independence and to make caring for someone as pleasant and easy experience for both staff and service user, and according to K.Bryan et al, ageing and mental health (2002) Studies suggest that a high proportion of older people in residential and nursing care have communication difficulties and there is some awareness of the need for staff training to allow effective communication toShow MoreRelatedhealth science937 Words   |  4 Pages Health professionals require good communication skills in order to carry out their roles effectively. It is therefore important for those embarking on a career in health and social care that they gain knowledge and understanding of skills involved in communication. This unit will develop and enhance communication and interpersonal skills, and will consider communication theories. On completion of this unit a learner should: Understand effective communicationRead MoreFactors That Influence Communication And The Strategies1262 Words   |  6 Pagesthat influence communication and the strategies to overcome them. Communication is a two way process which two individuals participate in in-order to understand the view point and ideas of each other. â€Å"Communication is a cycle because when two people communicate they need to check that their ideas have been understood†. (Health and Social Care L3 book 1, page 18) This process however doesn’t always go accordingly, which then leads to barriers arising. Interpersonal interaction is the processRead MoreUnit 1 Health and Social Care16199 Words   |  65 PagesDeveloping effective communication in health and social care LO1 Understand effective communication and interpersonal interaction in health and social care contexts of communication forms of communication interpersonal interaction communication and language needs and preferences LO2 Understand factors that inï ¬â€šuence communication and interpersonal interaction in health and social care environments theories of communication environmental factors affecting communication barriers to communication 2 DevelopingRead MoreStrategies Used to Overcome Barriers to Communication1739 Words   |  7 PagesTask 2- P4, M2 D1 Strategies Used to Overcome Barriers to Communication P4 Pick two examples from placement experience that may have been mentioned in the first task. Examples should deal with situations where you or another worker were faced with barriers to effective communication. Explain the strategy used to overcome the barriers met. A strategy is a plan of how things are intended to be done. You may not have done what was intended to the full. Explain your intentions as well as what actuallyRead MoreMerger and Acquisition: Current Issues115629 Words   |  463 PagesEconometric results 7.6 Trading volumes 7.7 Conclusion 7.1 7.2 7.3 96 96 97 101 102 106 110 114 CONTENTS ix 8 Merger Arbitrage: An Introduction Greg N. Gregoriou and Franà §ois-Serge Lhabitant 8.1 Introduction 8.2 Merger arbitrage: the strategy 8.3 Key sources of merger arbitrage risk 8.4 Historical performance 8.5 Conclusion 118 118 119 128 132 136 9 The Impact of Cross-Border Mergers and Acquisitions on Financial Analysts’ Forecasts: Evidence from the Canadian Stock Market Alain

Tuesday, May 5, 2020

Value Creation in Facilities and External Environments - Free Samples

Question: Discuss about the Value Creation in Facilities and External Environments. Answer: Introduction Honest Jim Cars is a company that deals with the retail sale of cars from different manufacturers. Initially, the company only started out with a single car yard and limited variety of cars. Due to serious competition in the market and lack of sufficient promotion and funding, the company grew very slowly. However, after the initiatives taken by a well known loyal customer, the company slowly gained popularity and started to grow quickly. Currently, the company has three different car yards in Melbourne and is looking to spread over other states in Australia. After the retirement of the initial ownership panel, the company is now run by their sons who are now looking to make some significant changes in the overall operational policy of the company. In addition to the physical retail stores, the company is now looking to enter e-commerce, which is relatively new to car dealership. Furthermore, the current owners are now looking to implement a suitable business model that will help the company to grow within a particular framework. In this report, an overall review process has been conducted on the industry, external and internal environments of the company as well as the requirements set by the company owners. Accordingly, a mock-up design has been developed for the proposed website for the company and in addition, a spreadsheet has been created using the sales data generated by the company that gives insight about the current business situation of the company. Motor vehicle dealership industry in Australia has always been highly popular although it faced a sharp decline during the global financial crisis in the first decade of the 21st century. However, after that period, the industry again stood up and started to grow. The demand for cars increases as the number of student immigrants continue to increase in Australia (Bellini et al. 2017). Most of these immigrants seek to buy or rent cars as a medium for their transport. As per an estimate, the revenue generated by the car dealership industry in 2017 is $63bn and the annual growth is found to be 0.5%. Furthermore, the industry currently provides employment to more than 67000 people in the country. However, although the industry is stable and the demand continues grow, the competition in the market is also very high. There are many large sized car dealers who dominate the industry and are also being franchised. As a result, small and medium sized car dealers often find it hard to get a significant place in the automobile dealership industry and it requires significant amount of funds and promotion to get a hold on the industry (Artto et al. 2017). The two largest companies in the industry are A P Eagers and Automotive Holdings Group who have significant shares on the overall car dealership industry in Australia. In spite of the competition, many small and medium car retails have grown up including Honest Jim, which is now looking to use a suitable business model and ecommerce in order to get a strong hold on the local and regional market in the country. Business Model and Environment There are several business models that are suitable for the company. However, the best business model that will help Honest Jim to grow in terms of size and revenue is franchise model. The franchise model helps any business organization to build a suitable brand value that attracts more customers than other organizations who do not have brand values. Furthermore, with the franchise model, the company can open more retail chains in various parts of the country and immediately gain success through brand value (Anwar and Zebari 2015). The target audience for such business framework should be the upper middle class and higher category of customers and the international immigrants who come to Australia for study and work. It is easier to attract the foreign immigrants with a proper brand value that also has significant international reach. In order to gain success in the proposed business system, the company must create a suitable value proposition that will also be aligned to the business model. This is required in order to attract more customers in their stores that not only generates revenue but also helps in gaining competitive advantage over other organizations in the same business domain (Galiano, Rodrguez and Saco 2018). In this particular case, the franchise business model is necessary and for that purpose, the company needs to develop and upgrade its own brand value. The overall need for the company is to first create a brand value by become a franchise by pulling all its business components under one common identity and system. In order to justify the value proposition, the company should open more retail chain stores in various parts of the country and also integrate business in all the stores using a common centralized server and a suitable ERP system (Kim and Talbott 2018). This will not only help the company to establish controlled approach to business but will also help them promote their brand equally through the various retail chains. SWOT Analysis and Discussion Based on the study of the internal environment of the company, a SWOT analysis can be conducted as follows. Strength Weakness i. The main strength of the company is that it has gained a significant amount of reputation through a well known loyal customer. ii. The company sells cars from excellent and popular car makers. iii. The company has three separate car yards for retail sale. i. The company does not have access to sufficient information system and information and communication technology (ICT). ii. The company lacks sufficient upgrades to maintain competitive advantage in the market. iii. The company lacks sufficient technical expertise to manage an upgraded information system and ecommerce. Opportunity Threat i. The company has sufficient budget to employ technically expert staff to bring suitable changes to the current system. ii. The company has a great opportunity to develop a franchise and deploy brand value system in the business plan. i. Due to lack of technical upgrades, the company is failing to cope with the strong market competition against some newly developed car dealer companies. ii. Sudden increase in popularity of online car sales means the company faces the threat of losing a strong customer base unless it enters the online car sale business as well. From the analysis of the internal environment of the company, it can be seen that the main issue associated with the business of the company lies in the lack of technical upgrades over the years. The company continues to follow the same business model from the start that is slowly starting to become obsolete (Ebben and Johnson 2015). Furthermore, the company lacks suitable personnel in the management team who are technically strong and able to handle new information system if it is implemented in the near future. However, with suitable budget for development and employment of technical staff, the company will be able to solve the issues and regain the control over the market. Porters 5 Forces Analysis The external environment of the company can be analyzed using Porters Five Forces as follows. Bargaining Power of Suppliers For the case of Honest Jim, the bargaining power of suppliers is medium due to a number of reasons. Firstly, there are already many alternative car dealers available in the market and hence, even if Honest Jim refuses to pay the asking price to the supplier (in this case, the car manufacturer), the supplier will be able sell the cars to some other car dealers (Gonzlez, Crcaba and Ventura 2015). This problem increases the bargaining power of the suppliers. Secondly, Honest Jim has sufficient popularity and with future franchising, the company will gain high brand value. This should encourage the suppliers to sell to them as there are more chances of sales of the cars from a popular dealer. This aspect will decrease the bargaining power of the suppliers. Threat of Substitutes The company does not face much threat of substitutes as it sells cars of almost all popular brands. There are currently not many substitutes of the cars available in the market. Furthermore, the company sells all the different classes of cars like Sedan, SUV and Ute thus ensuring all the demands of various types of customers are met (Sipho and Daniel 2017). However, in the near future, with the development of new class of electric cars like Tesla, the threat of substitutes may increase. Bargaining Power of Buyers For this company, the bargaining power of the buyers ranges from medium to low. The primary reason for this is that there are several other car dealers that have established strong business line in the same area and have deployed information system to take care of the business operations (Landau, Karna and Sailer 2016). However, the bargaining power of buyers does not go too high because the car prices fluctuate very less between various car dealers and only depend on the market condition only. Threat of New Entrants Unless Honest Jim upgrades itself with new technical setup and business framework, it may face significant threat of new entrants in the very near future. New car dealers are growing up in the nearby areas with advanced technical setup and technically adept management teams that are driving their companies towards excellence. Industrial Rivalry Currently, the industrial rivalry is very high especially due to the growth of many car dealers in the last few decades in the country and the increase of popularity and demand of cars in the country (vom Berg, Gmez and Sandau 2017). Already franchised car dealers have established a strong control over the market whereas medium sized organizations like Honest Jim has only got control over a small part of a regional market. Table Creation and Discussion The table for the raw data has been created and shown in the attached excel spreadsheet. From the analysis of the data in the spreadsheet, three insights that the managers can gain regarding the business have been identified as follows. Trend 1: Ute is the most popular class of car and this particular class has generated most sales and revenue for the company in 2016. Trend 2: In the entire period of 2016, the diesel cars have experienced much more sales than hybrid and petrol cars. Trend 3: The customers are preferring the latest models of the cars only as evident from the high amount of sales for the cars manufactured in 2016 and lack of sales for older cars. In the provided mock up designs in the Appendix section, three pages of the website have been provided. The justifications of the three pages are as follows. Home Page This is the page that opens when the customer enters the website. This page provides a number of information including new offers, slideshow of various cars sold and others. From this page, the customer can visit various pages like products, create account and others. Product Page When a customer clicks on a particular car, this page will open. This page will show details of the car, price, applicable offer and other similar cars available. Purchase Page When a customer checks out after selecting a car, this page will open and present the customer with payment options as well as request delivery location. The elements used in the website as per HCI and web usability guidelines are as follows. Visibility All elements in the site are easily visible to the visitor. Feedback The elements have feedback system for the visitor. For instance, whenever the visitor selects a car to buy, the site will ask him to register or login first. Consistency All elements of the website are fairly consistent, each element is arranged in an aesthetic manner and is fully functional. Accessibility The website is accessible to all internet users regardless of operating system. Home Page The home page is made as attractive and informative as possible. Navigation Navigation options are well developed and integrated in the website. Three additional tools that can be used by the company that will increase competitive advantage are as follows. Test Drive There can be a new page that will allow customer to apply for test drive. Driver Test This new page will allow customers to apply for driving test and earn license. Car Customization This new page will allow the customers to customize the car they will be purchasing. Conclusion In this report, an overall business evaluation for Honest Jim Cars has been provided. In order to get sufficient insight, both the external and internal environments have been analyzed and accordingly, a new business model has been proposed. It has been found from the analysis that although the company enjoys significant amount of success in the market, it requires sufficient technical upgrade and a suitable business model in order to maintain the business success as well as market competitiveness. Hence, franchise business model has been proposed that will help the company to establish a brand value. Furthermore, implementation of ERP system has been suggested so that the company can open more new retail chains but at the same time can be able to maintain business continuity and control over the entire retail chain. References Anwar, G. and Zebari, B.A., 2015. The Relationship between Employee Engagement and Corporate Social Responsibility: A Case Study of Car Dealership in Erbil, Kurdistan. International Journal of Social Sciences Educational Studies, p.45. Artto, K., Ahola, T., Kyr, R. and Peltokorpi, A., 2017. Managing business networks for value creation in facilities and their external environments: A study on co-location. Facilities, 35(1/2), pp.99-115. Beard, T.R., Ford, G.S. and Spiwak, L.J., 2015. The Price Effects of Intra-Brand Competition in the Automobile Industry: An Econometric Analysis. Bellini, E., Dell'Era, C., Frattini, F. and Verganti, R., 2017. Design?Driven Innovation in Retailing: An Empirical Examination of New Services in Car Dealership. Creativity and Innovation Management, 26(1), pp.91-107. de Oliveira, L.K., de Oliveira, G.F. and de Abreu Vieira, R., 2016. Identifying solutions for car vehicle deliveries in urban areas: a case study in Belo Horizonte (Brazil). Transportation Research Procedia, 16, pp.425-432. Dmtrfi, ., Pter, T. and Szab, K., 2016. Mathematical modeling of automotive supply chain networks. Periodica Polytechnica. Transportation Engineering, 44(3), p.181. Ebben, J. and Johnson, A., 2015. Simply sport bikes case study. The CASE Journal, 11(1), pp.113-122. Fresneda, J., Korschun, D. and Kothandaraman, P., 2016. CSR as an Adaptive Selling Tool: a Novel Framework and a Robust Analysis Proposal. In Celebrating Americas Pastimes: Baseball, Hot Dogs, Apple Pie and Marketing? (pp. 373-387). Springer, Cham. Galiano, A., Rodrguez, V. and Saco, M., 2018. Analysis of the behaviour of the clients assisted and sales variables in the different phases of the product life cycle. European Journal of Management and Business Economics. Gonzlez, E., Crcaba, A. and Ventura, J., 2015. How car dealers adjust prices to reach the product efficiency frontier in the Spanish automobile market. omega, 51, pp.38-48. Kim, Y. and Talbott, J.S., 2018. Marketing social selling jobs: a re-labelling strategy. Marketing Intelligence Planning, 36(1), pp.2-16. Landau, C., Karna, A. and Sailer, M., 2016. Business model adaptation for emerging markets: a case study of a German automobile manufacturer in India. RD Management, 46(3), pp.480-503. Lindquist, J.D., 2015. New Dealer Choice: The Buyer Perspective. In Proceedings of the 1987 Academy of Marketing Science (AMS) Annual Conference (pp. 260-264). Springer, Cham. Sipho, M.S. and Daniel, T., 2017. External environmental considerations in the planning of strategies of car dealerships. vom Berg, B.W., Gmez, J.M. and Sandau, A., 2017. ICT-platform to transform car dealerships to regional providers of sustainable mobility services. Interdisciplinary Journal of Information, Knowledge and Management, 12, pp.37-52. Xiao, J. and Ju, H., 2016. The determinants of dealership structure: Empirical analysis of the Chinese auto market. Journal of Comparative Economics, 44(4), pp.961-981.

Monday, April 13, 2020

Bassanio`s request of Antonio Essays

Bassanio`s request of Antonio Essays Bassanio`s request of Antonio Paper Bassanio`s request of Antonio Paper We can interpret much about Portia from what Bassanio says. He brings in mention of Roman history when he says, her name is Portia, nothing undervalued To Catos daughter, Brutus Portia. This is very revealing as to the character of Portia. The reason I say this is because the Portia who Bassanio is describing at this point was a lady who was well known for her wisdom, learning, courage and her love for her husband. These are characteristics that we read about later on in the play about Portia which are true to Bassanios description. Another interesting link to the past is the link that Bassanio makes to Greek mythology when he mentions the fact that many Jasons come in quest of her. This shows the linkage to the quest for the Golden Fleece by Jason to give to Zeus. I interpreted this image as Bassanio describing Portia as the golden fleece, an object of unimaginable value and something (someone) who has gained the admiration of men far and wide who have come to try and claim her. The character of Bassanio is revealed in many ways throughout this extract. We first read of him when he is describing to us the story of his school-days, the childhood proof of his story and how he like a wilful youth owes Antonio a great deal of money. This shows us the childlike character of Bassanio as much of what he says in linked to childhood and past experiences in his childhood. This depicted to me how he has not really grown up and how he still has the mindset that he had as a child. Another link to this childlike character of his is the fact that he doesnt directly tell Antonio his request, but like a child goes off on a tangent before getting to the point. He does this by telling Antonio the story of the arrows when he was a child and how when I had lost one shaft, I shot his fellow of the self-same flight with more advised watch and I oft found both. This, to me, showed how Bassanio doesnt want to go directly to the main point and request but like a child, creates an elaborate story in order to cover up the seriousness of what he wants and the situation. This could also be seen as Bassanio trying to diverge from his true purpose of asking the question because of the fact that he may be uncertain or even embarrassed of asking Antonio of such a thing. He could be trying to break the news to Antonio more gently in order to try and protect his friendship with him, as he may be uncertain of Antonios response. Another characteristic of Bassanio that I read about was the fact that he is a man who takes chances and risks with OTHER peoples assets, in this case Antonios money. I say this because he is under the impression that had I but the means to stand among the ranks of all the other men who were after Portias hand in marriage, he would questionless be fortunate. For a man who has nothing, he is extremely confident that if he had the money of others, he could do better than anyone else. This showed me how he is dependant on Antonio for more than just his friendship, but also his financial assistance and also his support. It also can be seen as his way of subtly asking Antonio for the financial assistance without actually referring to the borrowing of money. I also read about how Bassanio is a person who takes risks and is willing to make the same mistake twice in order to accomplish something. I say this because he tells us of the story of the arrow and how he would fire a second one in the same manner in order to determine where the first one went. This can be looked at as both a flaw and a virtue in his character. I say this because, it could mean that he has learnt what he did wrong and knows how to fix it, or it could mean that he is just taking his chances and gambling on success to come his way. We also read and interpret his love of money. Not only does he use Antonio for his money but he is using Antonios money in order to get at Portia who is the main monetary prize. Antonio is a stepping-stone towards the main ocean of wealth. This is portrayed when the first thing that he mentions is that Portia is a lady richly left this showed how his main attraction to Portia was her wealth and not her character and personality like it should be. I feel Shakespeare then wanted to cause some form of confusion within us as the reader with the immediate next phrase that Bassanio says OF wondrous virtue personally, I felt that this would create a clash and confusion of opinions created of Bassanio. At first we may think that he likes Portia for nothing more than her money however we then read about how he makes reference to her virtues and good qualities. As reading it the first time it causes us to be uncertain of whether or not he has true feelings towards Portia or not.

Wednesday, March 11, 2020

Japans civilization

Japans civilization A number of internal and external factors shaped Japans early civilization. However, the Meiji restoration stands out from the other factors. The Meiji era occurred between 1868 and 1912 (Huffman). Additionally, Meiji Restoration was a peaceful coup that occurred in 1868 (Huffman). According to the Photographic Book, the Meiji Era began when Tokugawa Shogunate was overthrown by the imperialist.Advertising We will write a custom essay sample on Japans civilization specifically for you for only $16.05 $11/page Learn More The leaders of the imperial government were youthful Samurai (Photographic Book). After the coup, it took Japan forty-five years to become a modern state and a powerful colonial power (Huffman). Other highlights of the Meiji era include abolition of the Samurai class, expansion of Japan’s territory and development of a stronger military. This essay discuses the role of the Meiji government in shaping Japans early civilization. The Meiji government planned to transform Japan into a competitive modern state. For that reason, leaders who advocated for radical changes in Japan prevailed. In 1868, the government declared its reform goals and promised to consult the people when necessary (Photographic Book). The Photographic Book adds that the regime also promised to seek extra knowledge from external partners. Additionally, the Meiji restoration was to provide leadership in abandoning outdated customs (Photographic Book). According to Huffman, the Meiji government developed nationalism in Japan. However, nationalism could not have occurred without unification of all domains in Japan. Therefore, by 1871, Japan has a centralized system of government (Photographic Book). This occurred when the Meiji regime managed to convince all domains to surrender their powers to the central government (Photographic Book). Afterwards, the regime embarked on a campaign to instill national pride. Japan journey to modernity was also initi ated by the Meiji government. After unification of the domains, half of the Meiji leaders were sent on diplomatic assignments worldwide (Photographic Book). Historians refer to these diplomatic assignments as the Iwakura missions (Photographic Book). These missions found out that the development in the western world had occurred within two centuries only (Photographic Book). From these findings, Japan felt that it was possible to achieve modernization and industrialization in a shorter time. Japan, then, embarked on reforming its entire economy. For instance, elementary education became compulsory and better taxation laws were formulated (Photographic Book). As a result, Japan became one of the most modernized states. In 1876, the Meiji government halted its payments to the Samurai class. Furthermore, the regime brought to an end Samurai’s privilege to carry swords (Photographic Book). For that reason, there were a number of rebellions by the Samurai class. However, all the u prisings were successfully crashed by the government. As a result, Japan brought an end to the Samurai class.Advertising Looking for essay on asian? Let's see if we can help you! Get your first paper with 15% OFF Learn More The Meiji government should also be credited with the expanding. For instance, in the 1870s, the government captured and controlled islands adjacent to Japan (Photographic Book). This regime also drafted a plan to colonize Hokkaid and successfully captured Ryukyu and Bonin Island. Through an agreement with Russia, Japan was also able to control Kuril Islands (Photographic Book). Furthermore, the Meiji government had a strong military. This military defeated China in the Sino-Japanese War in 1894. A decade later, Japan defeated Russia in the Russo-Japanese Wars. In conclusion, the Meiji era saw Japan establish it’s self as one of the modern states in the world. In addition, Japanese people embraced the spirit of nationalism during th is period. Furthermore, under the Meiji regime, Japan was able to expand and had a stronger military. Photographic Book. n.d. Meiji Restoration. n.d.Web. voyagesphotosmanu.com/meiji_restoration.html Huffman, James. 2008. The Meiji Restoration Era, 1868-1889. 2008. Web. http://aboutjapan.japansociety.org/content.cfm/the_meiji_restoration_era_1868-1889#sthash.4epiNmJq.dpbs

Sunday, February 23, 2020

Recreate class room Essay Example | Topics and Well Written Essays - 1250 words

Recreate class room - Essay Example Teachers should design classrooms so that all children have an equal chance for learning and an opportunity to be safe. In order to construct a classroom as described, teachers must think about their classrooms and about the different types of children that are present each year, and design a classroom that fits this group. Moore et al. (2010) suggest that in order for teachers to be able to work well with all students, they will also need to have tools to help them. A positive classroom environment also encourages students to interact with each other, ask questions, and be open to learning. Sapon-Shevin (2008) states that inclusion means not only including disabled students, but also providing space for different students so that they all feel valued and accepted. This research will examine the factors that are involved in recreating a classroom for students with many differences. Teachers must also be able to create a class where different cultures are respected and where different types of children are included. As examples, there may be Muslim families, Hispanic families, children from same-sex families and others who will be learning together in one space. The teacher’s job is to make sure that all these children are able to work collaboratively together in the same classroom. 5.1 Teachers Treat All Students Fairly and Establish an Environment that is Respectful, Supportive, and Caring An important aspect of treating students fairly is to use inclusive language. Inclusive language means that the teacher will use words that help the student understand that he or she is an important aspect of the class. Causton-Theoharis and Theoharis suggest that one way to do this is to make sure that special education students and disabled students are able to stay within a regular classroom. This means that they are not put into separate classrooms or separated from the other children. Also, students are treated well by the full school community and the district. This allows students to feel comfortable in the classroom and feel comfortable that the teachers and other staff in the school want them to be a part of the school. This also is important so that students with different abilities do not feel that they are isolated rather than included. 5.2 Teachers Create an Environment that is Physically and Emotionally Safe Another important aspect is for children to be involved in a classroom where materials are easily accessible and they can be used by all children in the classroom. The design of the classroom materials and the design of the classroom are welcoming and easy for all children to access. Books and materials should be bright and welcoming to children, and they should be at a level in the room where children can reach them easily. Rubenstein and Wilson (2011) add that classrooms must be engaging by providing children with challenges they can work with to create work together. Read (2010) suggests that children can be helpful in desig ning the classroom environment because they understand what they like to see. In a study that the author created it was found that circles and other shapes were more interesting to children than other forms. Teachers must take into consideration how to create the atmosphere that will help students want to learn in the environment. Colors and

Friday, February 7, 2020

Demonstrate appropriate and effective techniques in written and verbal Essay

Demonstrate appropriate and effective techniques in written and verbal formats to prepare and deliver presentations, including the effective use of research, organization, visual aids, and APA citations - Essay Example The situation or message is clear, it is about positive thinking. The message is universal. There is no specific audience being targeted by the presentation. It is directed to all individuals. The aim of the video is to encourage all those watching the video to think positively. In lieu of a speaker, the thoughts of the creator of the video are expressed through the captions. Simple sentences are used yet they are very meaningful and effective at driving the message to the audience. The sentences are easy to understand; thus, it is able to reach out to audiences of different intellectual backgrounds. The background music that accompanies the presentation serves to enhance the video. It helps to capture the attention of the audience. The music chosen is appropriate with the message that wants to be communicated to the viewers. The second video is â€Å"How to change your negative thoughts† (Melnick, 2008). The message of the presentation is also about positive thinking. In this video, one sees a speaker talking in front of an audience. The author is obviously persuading her audience to change their perspective in life, that is, to eliminate the negative thoughts and convert them to positive thoughts. The speaker is able to get the attention of her audience through eye contact, changes in her intonation and pitch, and through her nonverbal skills. She emphasizes various points in her speech through changes in her facial expression, tone, pacing and volume. She is able to send concise messages with the help of the body language which she employs to stress a point. She uses counterarguments to convince her audience. One observes though that she speaks quite fast which may be a hindrance in communicating to her audience because they may not be able to accurately receive and comprehend her message. Comparing the two videos, one thinks that the video on â€Å"The Secret† is more effective at communicating the message on positive thinking.

Wednesday, January 29, 2020

A Christmas Carol Essay Example for Free

A Christmas Carol Essay As proved by in Scrooges words and character the Ghost of Christmas Past has had a positive impact on the transformation in his character. The Ghost of Christmas Present shows Scrooge another view of Christmas, a view in which Scrooge had never encountered before in the past or present, a view into a poor familys house in this case his clerk Bob Cratchits house. They watched as they dined and then sit round the fire. Scrooge asked if Tiny Tim will live which indicates to the reader that he has a slight feeling of remorse as he is partly to blame for paying such a low wage. The Ghost says that if the future is unaltered he will die however then uses Scrooges own words against him saying if he be like to die, he had better do it and decrease the surplus population. Hearing these words he hung his head with guilt. He had learnt a lot from that visit and had come to his senses about the poor realizing that they lived every day going hungry, wearing rags, some were ill but couldnt afford treatment. The theme explored during this scene was guilt. The Ghost then takes him to his nephews house where a Christmas party is underway. When they played music all the things that the ghost had shown him, came upon his mind and he gradually softened. Through that if he could have listened to it often, years ago, he might have cultivated the kindness of life for his own happiness with his own hands. This shows that his past experiences with the Ghosts have had a great impact on his character as the sound of music softened and brought kindness to his heart realizing his past mistakes. He reacts in a very different manner compared to his own when everybody starts singing and dancing, he joins in without a care in the world singing and dancing, joining in with the fun. However being in a shadow he couldnt be seen or heard. The Phantom then shows Scrooge two children both wretched, frightful, hideous, miserable ragged where devils lurked from his robe. They were the children of man symbolizing mans Ignorance and Want. Scrooge was told to beware before it vanished. The Ghost of Christmas Yet to Come has been made the most the most frightening of all described as a phantom moving silently concealing his face and form in a deep black garment. They first went and overheard a conversation between a group of businessmen. They were talking about Scrooges death. They commented on his legacy, however concluded that he left it to his company. They talked about his funeral, not caring at all. One queried whether they should make up a party and volunteer; another replied I dont mind going if a lunch is provided. This shows that Scrooge was a very uncared for person. Scrooge understands that if he changes he could change the course of his future. He tells the spirit that he will change and honor Christmas in all his heart. In the last chapter Scrooge was overcome with joy when he realizes its Christmas day. He tells a passing boy to buy the prize turkey and send it to Bob Cratchits. He went out wishing everyone a Merry Christmas as they went by. He sees the charity workers and tells them to come back later where they will receive payment. He went to his nephews house and joined in the party sharing happiness and joy. The next day he got in early catching his clerk coming in late. Bob thought he was going to get fired; instead Scrooge raised his salary and promised to help his struggling family. From this it shows Scrooge was able to redeem himself in every possible way in contrast to the past. From there on Scrooge kept Christmas in his heart and was a changed man. In conclusion the moral in which Dickens is trying to elicit in his readers is in my opinion that It is never too late to change your ways. You should be kind to yourself and others. Sharing Christian values in every possible way. Dickens shows the differences in society between the rich and the poor and how we should help others to benefit all. Especially highlighting the views and opinions of the poor and how they feel because many people arent aware of these factors.

Tuesday, January 21, 2020

Human is a fallen God who remembers Heaven :: Personal Narrative Writing

Human is a fallen God who remembers Heaven "Rafal, why don't you participate in the contest that I was talking about. I think you have a chance to win" my teacher proposed. When I was in fifth grade in elementary school I had my first chance to participate in an art contest. The name of the contest was "spring," so kids had to draw or paint a picture that represents the landscape in the spring season. In school there were many kids who could draw and paint well. My friend Marcin really made better pictures then I did, so when I went home from school I didn't have enough faith to even try. I didn’t do anything about that whole day. The next day, I told my teacher that I was not going to participate because I did not feel like I had a chance to win. At the end of the class, the teacher asked me to wait because she had something for me. That day I was really surprised; she gave me brand new paint and a couple of brushes from the school supplies and told me that I could borrow these tools to do the artwork for the contest. She also added that if I won I could keep these. She really empowered me to participate, and I realized that I had nothing to lose. Running, I took the shortest way home. I just couldn't wait to get to my room and open the jars of paint. It wasn't difficult that I thought it would be. I really enjoyed painting and that was actually my first time I painted something. It seemed like I was painting before. The idea of the design came fast; I visualized one of the artworks that hung on the wall in our art classroom. I don't remember the name of the artist, but the well-composed picture showed trees and a river in bright and natural colors. So, I tried to do a similar painting. My idea was to make the river flow from one side of the paper to the other, with trees in front of the river and behind, and I added a house in the middle. It took me almost the whole afternoon and evening to finish this artwork and no one helped me. That was one of the happiest days of my life. I was very surprised what I had done.

Monday, January 13, 2020

Nurse in Vietnam Essay

Today, we have lost a legacy. Malcolm X was one of the greatest and most influential African Americans the world has ever known. He did so much to make us feel connected with our African American heritage. He would say the things we were thinking but were too afraid to say ourselves. He taught us to stand up for ourselves and our rights as black men. Who knew that a troubled young boy would become a powerful and educated leader? As a young troubled maker doing prison time, it was during his ten years in prison that he educated himself as well as introducing himself to the Nation of Islam teachings. After serving a couple of prison stints he even became a minister of numerous temples in Boston, Philadelphia and New York. He also started a newspaper titled â€Å"Muhammad Speaks† which touched on controversial views about his idea that blacks were superior. He became second in command to Elijah Muhammad but they butted heads and ended up going their own ways. Elijah stuck to his ideas of Nation of Islam, while Malcolm X focused on what true Islam taught. He felt that the Civil Rights Movement had the Blacks begging the whites for freedom, and he was not a fan of begging. He instead advocated black power and black consciousness even if it resulted in violence. He had several speeches, including â€Å"Black Man’s History,† â€Å"The Black Revolution,† and â€Å"Gods Judgment of White America† ( also known as â€Å" The chicken Come Home to Roost). These speeches he gave during the Nation of Islam. When he was transitioning to true Islam he gave â€Å"The Ballot or the Bullet.† After his transition to True Islam he gave a speech at Ford Auditorium. Today at 3:10 PM we were gathered at the Audubon Ballroom in Harlem to which him address the Organization of Afro-American Unity when three of Elijah  Muhammad’s follower brutally killed Malcolm X. They shot him 15 times at point blank range. He was pronounced dead on the arrival at Columbia Presbylerian Hospital shortly thereafter. He was 39 years old. The three men convicted of the assassination of Malcolm X were members of the National of Islam: Talmandge Hayer, Norm 3X Butler, and Thomas 15X Johnson. After Malcolm X’s death in 1965, his bestselling book The Autobiography of Malcolm X popularized his ideas, particularly among black youth, and laid the foundation for the Black Power Movement of the late 1960’s and 1970’s. References www.tru.tv.com Malcolm X By Walter Bell www.biography.com

Saturday, January 4, 2020

A Competitive Strategy Of Wal Mart - 983 Words

A competitive strategy deals with the particulars of how the management team plans for competition and safeguarding their competitive advantage within the industry. Devising a competitive advantage is vital to the sustainability of an organization. Utilizing the low-cost provider strategy has been a very popular strategy for many organizations. This strategy is one form of competitive strategy that attempts to provide the lowest prices as compared to its direct competition. The low-cost strategy is appealing to a wide range of customers since many customers based their purchases on the price of the items. For example, the low-cost strategy is one that is most associated with the mega-retailer Wal-Mart. Because Wal-Mart’s strategy has been to focus on the low-cost aspects, it has pushed the retailer into becoming one of the major retail stores world-wide. The low-cost strategy has been a particularly successful strategy in Mississippi. With the unsteadiness of the economy toda y, most consumers are more conscious of the price factors. Along with the state of the economy as a whole, Mississippi has for many years been considered one of the most poverty-stricken states in America. However, it can also be viewed as Mississippi has consumers that value money and chooses to spend their money on necessary things rather than unnecessary things. According to Deuteronomy 15:7-8, â€Å"If among you, one of your brothers should become poor, in any of your towns within your land thatShow MoreRelatedWal Mart s Competitive Strategy Essay1439 Words   |  6 PagesA company’s competitive strategy defines, relative to its competitors, the set of customer needs that it seeks to satisfy through its products and services. For example, Wal-Mart aims to provide high availability of a variety of products of reasonable quality at low prices. Most products sold at Wal-Mart are commonplace (everything from home appliances to clothing) and can be purchased elsewhere. What Wal-Mart provides is a low price and product availability. McMaster-Carr sells maintenance, repairRead MoreThe Five Competitive Strategies For Wal Mart1540 Words   |  7 Pages Five Competitive Strategies The five generic competitive strategies are low-cost provider, broad differentiation, focused low-cost, focused differentiation strategy, and best-cost provider strategy. According to the textbook, â€Å"a company’s competitive strategy deals exclusively with the specifics of management’s game plan for competing successfully† (Gamble, 93). 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For instance, Wal-Mart must exploit innovation and use technology to increase sales, also toRead MoreWal-Mart Stores Inc.: Dominating Globa l Retailing1218 Words   |  5 PagesWal-Mart Stores Inc.: Dominating Global Retailing The retail industry in the U.S. has become saturated, and the market is control by a few big retailers. They all offer very similar products, so the differentiating factor are usually quality and price. Competitive advantage comes from innovative strategic thinking, funds to buy other competitors, and impeccable execution. In addition, the global economic crisis has increase customers’ price sensitivity, and has put more pressure on retailers. Read MoreCompetitive Advantage Vs. Competitive Strategy1514 Words   |  7 PagesC. Competitive Advantage Related Theory Competitive strategy is the moves and methods that the firm has taken and is taking to appeal buyers, improve its market position, and to endure competitive pressures. The strategy is about what a firm’s capability to try to knock off competitors and attain competitive advantage, which can be offensive or defensive. There are three approaches to competitive strategy, which are low-cost leadership strategy where struggling to be the overall low-cost manufacturerRead MoreEssay on Walmart, Information System1629 Words   |  7 Pagessystems as a strategic tool to improve their competitive advantage. Choose one of these companies (Toyota or Wal-Mart) and prepare an essay of 1500 words on: a) how information systems are used strategically by the company to gain a competitive advantage b) discuss if it is possible for the company to maintain this advantage in the future. You are expected to use the competitive forces and/or value chain model in your analysis. In this essay, Wal-Mart was chosen to be the case to analysis. FirstlyRead MoreWal-Mart Case Study1723 Words   |  7 Pagesextent is Wal-Mart’s performance attributable to industry attractiveness and to what extent to competitive advantage? Wal-Mart is a company which operates in the service sector, more specifically in the â€Å"Discount, Variety Stores/Retail† industry. The company’s superior performance is demonstrated through the fact that it was America’s largest company (in terms of revenue) in 2002, and the reputation of the company is reflected in the opinion of â€Å"Fortune† who have identified Wal-Mart as one of theRead MoreSwot Analysis : Resource Based View Essay1540 Words   |  7 Pagessustained competitive advantage encompasses a firm’s wide range of resources such as organizational, social, and individual phenomena that are valuable, rare, imperfectly imitable and non-substitutable (VRIN). Therefore, it is crucial and vital for the relevant resources to possess all four of the VRIN attributes in order to be the firm’s sustained competitive advantage (Barney, 1991). Additionally, he also added that competitive advantage relies heavily on the chance of a competit or’s competitive duplication