Tuesday, December 24, 2019
Analyzing the Area on the Map Essay Example
Essays on Analyzing the Area on the Map Essay The paper "Analyzing the Area on the Map" is a worthy example of a geography essay. The map covers a large residential area where houses were built in the fashion meant for dwelling purposes. The area is densely populated as can be seen from the number of houses built in the area. The distance of separation between one house and the other is so close indicating the population density.Ã AnalysisAround the community is a road network the serves most parts of the neighborhood. There is evidence that the area has little business-like activities taking place. The area has a flat terrain as analyzed from the contours drawn to illustrate to the steepness of the sloppy area. The separation of the contours or the sparse orientation is an imperative point concerning the gradient. In terms of industry sectors available in the area include lime cement indicates a cement industry. In addition, hotels, room availability, restaurants, and lodges indicate that the area is well developed in terms of hospitality management in that industry. On the other hand, there is evidence of a lumber processing industry. ConclusionThe area is majorly a residential estate with a good road network and amenities in support of the same. The community is likely a peaceful area considering that it has many hotels, residential buildings, and lodges. The area covered portrays no use of facilities like hospitals, dispensing medicine centers and schools. The community especially those found in the area has tasks and assignments to move to city centers where normal business working is a career.
Monday, December 16, 2019
Safeguarding And Forms Of Abuse Free Essays
I am going to briefly talk bout the main types of abuse and outline a general picture about safeguarding. I will then focus on two types of abuse and explain them in more detail, giving examples of real life events. Safeguarding is? Safeguarding means protection against something undesirable. We will write a custom essay sample on Safeguarding And Forms Of Abuse or any similar topic only for you Order Now Everyone has the responsibility to safe guard children and young people. The Government and safeguarding legislation guidance says that safeguarding means: Protecting children from maltreatment. Preventing impairment of childrenââ¬â¢s health or development. Ensuring that children are growing up In circumstances consistent with the provision f safe and effective care. Taking action to enable all children and young people to have the best outcome. ââ¬Å"the action we take to promote the welfare of children and protect them from harm ; is everyoneââ¬â¢s responsibility. Everyone who comes into contact with children and families has a role to play. â⬠Types of Abuse Deprived of health benefits ââ¬â this is when a abuser will stop a victim from getting any form of help such as seeing a doctor, a dentist or attending an appointment. The abuser me see that the victim doesnââ¬â¢t require that specific attention because they may see the victim as not worthy or special. They may also think that the Injuries the victim has may become noticed and be looked Into leading to the abuser being found out and reported. Physical abuse- this Is when an abuser physically Injuries a volt such as halting and cackling them or anything where the abuser Inflicts pain on the victim. This abuse is a form of excitement for the abuser as they have control over the victim. People may also hit out through stress or maybe due to losing their temper but there are lots of other reasons. This specific abuse will include the abuser hitting the victim in some way to get what they want from them and to keep hey grounded and under control by striking fear into the victim. Verbal abuse- this is when a abuser will say things to a victim to make them feel bad about themselves. This can result in the victim going on to act in a bad way such as saying verbal abuse to others therefore repeating the abusers words. This abuse is used to make others feel bad about themselves so that the abuser can feel good about them self. Emotional abuse ââ¬â this can be linked In with any other form of abuse as the volt will be feeling certain things and In a certain way. Emotional abuse is where a abuser ill try to break the volt down emotionally resulting In the victim feeling bad about themselves all the time and the abuser being able to get inside a victimââ¬â¢s head bad at what they do or how they act or making a victim feel bad inside constantly. Financial abuse- this form of abuse is when a abuser will take money from a victim, whether the victim knows or not is a different matter. An abuser may simply steal money from a victim by going into their purse or wallet and taking money or by doing it in a sneaky manner such as borrowing money or playing the victim to a game which they wonââ¬â¢t win. Sexual abuse- this form of abuse includes when a abuser will touch a person in a sexual manner without being given consent by the person to do it such as touching breasts or genitals. Sexual abuse can also include rape this is when the person hasnââ¬â¢t or cannot consent to sex but the abuser continues to do the act. Psychological abuse- this is when the abuser will try to get inside the head of a victim so they can obtain what they want or get the victim to do or say what they want this will allow the abuser to convince the victim that it is k to be doing this to them. Neglected- this is a form of abuse where the abuser will not let the victim have food, water, hygiene or medical attention and they will make sure that no one else allows those things to happen. The abuser may also stop a victim for Joining in with things or being in a group with people they would like to socialist with. This form of abuse leaves the victim to survive on their own without having any means to survive with. Bullying- bullying is when a abuser will use any of the forms of abuse to make a person or a group of people feel bad. Emotional, verbal and physical abuse are molly linked with bullying as they can make a person feel bad about themselves rather quickly and easily. Physical abuse I am now going to focus on two types of abuse which are physical abuse and self harming. Physical abuse is any form of pain which is inflicted on a person and is done on a daily basis. Hurting someone in an intentional way is physical abuse. This form of abuse may consist of many things such as: Scratching Head butting Shouting Drowning Dragging Around Sleep Deprivation Throwing Outside/Locking Outside Putting in stress positions Blinding (Blindfolding) scolding Cutting Kneeing Strangling Hitting Pushing Pulling Hair Biting Physical abuse allows them to control someone as the abusers strike fear into their victims leading them to do, say and act like the abuser wants them to. Physical abuse took place in Long Care (Stoke Place), here the patients were physically abused by their careers. This involved them being slapped, kicked and hit on a daily basis to control them into doing as the careers wished or to prevent them from doing something. Self harming Self-harm is when someone intentionally hurt themselves by damaging or injuring heir body and is used as a way to deal with or express emotional distress. In most cases people who self harm do it to help them to deal with overwhelming and unbearable emotional issues which are caused by problems such as: Social factors- like being bullied, having difficulties with work or school or having difficult relationships with friends or family. Trauma- such as physical or sexual abuse or the death of a close family member or friend. Mental health conditions- such as depression or borderline personality disorder. Self harming is a lot more common than people realism and can take part in any personââ¬â¢s life. It is more common to appear in the lives of 15 and 16 years old as in 2002 a I-J survey showed an estimate that 10% of girls and 3% of boys had self harmed in the previous year. In some cases people self-harm with the intension to kill themselves but often people self harm to punish their selves, express distress or to relieve tension. Self harming can also be seen as a cry for help in some cases. Types and signs of self harm ââ¬â There are many ways that people can intentionally harm their selves such as: Cutting or burning their skin Punching themselves Poisoning themselves with things such as tablets Misusing alcohol or drugs Deliberately starving themselves (anorexia nervous) or binge eating (bulimia nervous) People who self harm will keep it a secret as they fear the shame of discovery; therefore it is often up to family or friends to notice when someone is self harming and for them to approach them with understanding and care. Some sign may include unexplained injuries or a person may show signs of a low self esteem or even depression. Someone who is self harming could seriously hurt themselves and should therefore be referred to a doctor so that they can discuss the underlying sue and find a way of treatment and therapy to help them. The events such as physical, sexual and emotional abuse that took place at places such as Long Care (Stoke Place), Wintergreen view and Stafford Hospital (Mid-Staffordshire Hospital Trust) may have lead to a person to self harm as they may feel bad about themselves and therefore feel the need to punish their selves or in some cases end their lives. In places like this if self harming was discovered in a patient nothing would have been done to help them as the abusers would have seen it as a cry for help which could lead them to getting caught in the acts they had committed. In conclusion this presentation shows that abuse happens in lots of peopleââ¬â¢s daily life, whether they are in a care home or in home or workplace and that in some cases it doesnââ¬â¢t get found out about or nothing is done about it. It is important that abusers get caught and prosecuted and that the victims get the help they need. It is also important to out about things that a person may have seen or noticed in another. Places such as the ones mentioned in the presentation were involved in most of the types of abuse discussed and nothing was done about it until it was captured on film. How to cite Safeguarding And Forms Of Abuse, Papers
Sunday, December 8, 2019
Of Mice And Men Persuasive Essay Example For Students
Of Mice And Men Persuasive Essay The scene that was most memorable to me in this play was when Lenny and Curley`swife shared a conversation while the others were away. It started with Lennymoping around about the rabbit he had killed and then Curley`s wife joinedhim. This scene ended in a surprising way, but in my opinion many interestingthings were discussed about the concept of life. I was extremely surprised withthe ending of this scene because when the conversation began I predicted that itwas the start to a close relationship between the two of them. During thisconversation they discussed issues such as life and dreams. At first Lennyrefused to open-up. George says I aint to have nothing to do withyou-talk to you or nothing. He was very reluctant to talk to her orshare anything with her. She was the complete opposite. Curleys wife waslooking for someone to talk to. As the scene continued, Lenny relaxed and wasable to talk and listen to her. Curleys wife began by asking Lennyquestions. As she continued walls w ere torn down and she was able to get closerto him. Then she told him about her life. I get lonely K.. You can talkto people, but I can`t talk to nobody but Curley. Else he gets mad. How`d youlike to not talk to anybody? It was hard for Curley`s wife to get Lennyto talk but eventually he told her about his rabbit and other things about hislife. We gonna have a little place-an rabbits. In the end Lennybecame overly excited and ended up killing Curleys wife. From this, Igathered that Lenny had never been so close to anyone, especially anyone of thisopposite sex. This gave him such a great feeling that he did not know how todeal with it. The moment he felt Curleys wife moving away, he acted on hisinner feelings and he was frightened. The scene portrayed a good example of theinteraction of two complete strangers, it was interesting to see how they sharedthings and opened up to each other. Part Two: This scene is related to the themein different ways. I think that it incorporates thr ee main aspects of the theme. It is related to belonging, loneliness and dreams. All three of these are activeissues in society today. In this scene, Lenny and Curleys wife were able todiscuss and show the audience how the theme tied in. When the two of thesecharacters started talking to each other, they were both lonely. Curleyswife did not have anyone to talk to, and Lenny had George as a friend but I donot think it was the type of companion that he needed. In this case the theme ofloneliness was brought forth. At first the two of them were lonely and deepwithin both of them wanted someone to talk to. When the two of these charactersbegan talking, they were given a sense of belonging. Lenny was able to feel thefeeling of trust and he was able to learn how to listen to someone. It was notsomething he was used to. He was used to listening to George, but often it wascommands and rules. Curleys wife was used to listening to Curley, and shewas not really able to say what she wanted to do. I thought it was good for b othof these characters to be able to feel what it is like to have someone care andtalk to. This scene subtly touches the theme of dreams. They discussed dreamsthat both of them had, and were in a way able to bring them alive by talking andembellishing about them. In todays society it is important to feel wanted. Iraq and united states EssayWords/ Pages : 692 / 24
Saturday, November 30, 2019
Internationalization and Global Expansion of Westfarmers limited
Introduction The company overview Westfarmers Ltd is amongst the biggest retail chains in Australia. The company was established in 1945 with the objective of providing consumers with high quality and reliable products that met their aspirations of getting value for their money. Because of the firmââ¬â¢s concerted efforts, it achieved exceptional growth and is now amongst the largest listed retail firms and employers in the country.Advertising We will write a custom report sample on Internationalization and Global Expansion of Westfarmers limited specifically for you for only $16.05 $11/page Learn More Currently, the firm is highly diversified offering varying products and services to its consumers (Westfarmers, Limited, 2012). Presently, the companyââ¬â¢s main objective is to increase its brand awareness within the Australian market and establish itself in the international market. In addition, the company aims to establish and increase its brand loyalty in major Asian emerging markets such as India and China. The main reason why Westfarmers limited is planning to expand and establish into the Indian and Chinese markets is to increase its global market share. Currently many retail chains are expanding globally, particularly in the emerging economies because of the massive potential they provide in terms of constantly increasing demand for consumer goods (Westfarmers, Limited 2012). The reason why India and China continue to remain the major targets for international expansion is the immense potential for rapid economic growth and rise in consumer spending. Currently, the two countries hold the worldââ¬â¢s largest and fastest growing middle-class with constantly increasing spending patterns on consumer products. Rapid economic growth and easy availability of natural and human resources at lower costs will enable the firm to operate at low-cost, thereby increasing its competitive advantage. This paper will analyze the inter nationalization policy of Westfarmers Ltd with the basic objective of answering the crucial issue of what strategies it will have to adopt and what actions it will have to take in becoming a major player in the global market. This question will be best answered by deciding and justifying the paths that the company will take while working towards achieving success in relation to its positioning, use of resources and effectively functioning within the institutional frameworks of its chosen businesses in the new markets.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The main objective of this report lies in making the right recommendations that will ensure successful implementation of short and long term strategies in order to increase its market share and thus to achieve financial success in a highly competitive globalized business environment. Situation analysis Company analysis Westfarme rs limited is a publicly listed Australian company specializing in retail chains including super markets and chain stores. In meeting up with its international expansion plans, the company intends to increase its brand awareness and to establish and increase its brand loyalty in major Asian markets such as India and China. Given that the global retail industry is slated to grow exponentially in the next five years, it is beneficial for Westfarmers to expand into China and India, which are currently the fastest growing economies providing massive potential for firms to tap the growing markets in these countries. In Australia, Westfarmersââ¬â¢ market share is robust with expected growth of 1.67% annually and this growth in its market share is driven by the popularity of its brands particularly among the middle-income earners. Westfaarmers has demonstrated exceptional financial results, which is evident from the financial numbers in its balance sheet and financial statements provide d in the Appendix to this paper. It is pertinent to note in this regard that the economies of China and India are also growing very fast because of the increasing size of the middle class that are now having greater disposable incomes to spend on consumer goods. Westfarmers limited is in a strong position to tap this huge potential and grab a larger share of these markets. Westfarmers will use its brands in meeting the demands of the growing middle class in these countries, particularly for consumer goods and once it becomes popular it can hope to become a leader in the retail market. However, the retail industry is highly competitive and volatile because of the presence of major global brands as well as well established local brands, which means that Westfarmers will have to operate in a highly competitive environment (Rawski, 2011).Advertising We will write a custom report sample on Internationalization and Global Expansion of Westfarmers limited specifically for you for only $16.05 $11/page Learn More Although retail markets in China and India are growing, they are being tapped by many other international retail chains (Aulakh Kotabe, 2007). Nevertheless, if Westfarmers is able to make a strong presence in these markets, it will generate over ten billion dollars of revenues in the next five years. Competitor and industry analysis Porters Five Forces The Porters Five Forces model is highly useful in understanding the competitive environment in which Westfarmers will operate in the new markets (Porter, 2000). Customers will have greater bargaining power because Westfarmers products can easily be substituted by products offered by other retailers, meaning that the companyââ¬â¢s position is weakened because of these circumstances. The bargaining power of suppliers is not very high because of the large numbers of companies that strive to supply consumer goods at the lowest possible prices. It is very easy for Westfarmers to swit ch and change its suppliers if their products or services are not in keeping with its expectations. At the same time, it has to be provided that despite the presence of large numbers of suppliers it is not practical to change them frequently (Dunning, 2003). The threat of new entrants is very high in the retail industry, which is why Westfarmers will have to go into additional cost to maintain its brand loyalty and promote new products. Competitive rivalry in the retail sector is very high in view of the large size of the operators and their ability to enter new markets (Wernerfelt, 2009). SWOT analysis The SWOT analysis allows for determining the companyââ¬â¢s internal strengths and weaknesses, thus providing a basis to work towards removing the weaknesses and making the strengths stronger. In addition threats and opportunities are identified, which allows for the framing of appropriate proactive policies to achieve organizational goals (Davies Ellis 2000, p.1190). The biggest strength of Westfarmers is its market leadership, which allows it to have unparalleled competitive advantage and a strong basis to go ahead with its globalization strategy. Itââ¬â¢s already diversified structure allows it to alter its product mix in meeting customer expectations, which results in enhanced sales. The companyââ¬â¢s differentiation policy clearly demarcates its products from its competitors.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Staff members are highly skilled and enjoy shared values, which lead to common goals. In addition, Westfarmers enjoys an excellent reputation in Australia because it has consistently provided value to customers (Belin Pham, 2007). A major weakness of the company is that its differentiated strategy is not effectively communicated to consumers. The company distribution channels have not yet fully developed to allow speedy delivery of the products to the consumers. Sometimes, the companyââ¬â¢s business model is not adaptable to the changes that might take place in the market particularly in hard economic times when smaller formats may be preferable to the consumers (Porter, 2000). Westfarmers has several opportunities because of the fact that its target market is the largest segment demographically and the growth in the disposable income among the middle class appears to be high. In addition, Westfarmersââ¬â¢ expansionist strategy ensures its absorption and mergers with companie s that offer direct competition (Porter, 2000). Westfarmers has already established strong and long-term relationship with the suppliers thereby reducing most of the supply costs. Therefore, clientsââ¬â¢ dependency hitherto established and developed is another opportunity for the Westfarmers management to thrive. Threats for Westfarmers have surfaced by way of the ability of smaller competitors to enter the market with lesser investments, while being able to erode its customer base. In addition to the threats of new entrants, small and medium sized firms and larger corporations offer substitute products. The declining revenue because of such developments may affect the company expansion strategy. China and India, where Westfarmers plans to expand do not have a stable regulatory In addition, the firm is planning to invest in countries with structure, which means there is risk in making such huge investments. The expansionist strategies Westfarmers is a highly diversified company a nd therefore requires strong corporate strategy to expand into the international market. The diversification is in both product and in operations. The company started with a single product line and operation. However, by 2010, the company has diversified into various business operations offering numerous product and service lines. The Westfarmers expansion strategy will enable the firm diversify into more product line as well as the market as the international markets will offer more opportunities for growth and development. The corporate strategy applied by the company Westfarmers is using related corporate strategy where the company is using its operations to expand and remain competitive into the market. Since the company was already in the retail and related industry, the major issue in the corporate strategy is how to put together its operations to boost its combined performance, leverage its value chain fits and establish its investment priorities. The company will use its lon g-term trends in its expansionist strategies including takeovers mergers and acquisitions. Besides its organized franchise strategy, the company is efficient in its value chain management. The company products are distributed to the franchisees stores within the shortest time possible before its competitors. The way the company manages its distribution channels add value and make the corporation be more competitive. The business level strategy applied by the company Even though the company is selling similar merchandise, the products are highly differentiated making the Westfarmersââ¬â¢ products unique and attractive in the market. In essence, the Westfarmersââ¬â¢ products are differentiated from the competitions in terms of price and appearance. Westfarmers ensures that all the products needed by the customers are present in their stores and offer value to the customers. With technological advantage in operations, the company offers products at low cost. In other words, the c ompany products are affordable and are of high quality compared to the competing products. In addition, the company first position in the industry has enabled its products to be sold globally particularly on new markets. The innovativeness in the product line has also increased the company competitiveness in both domestic and international markets. The company functional and entrepreneurial strategy Westfarmers is taking any opportunity to market its products or introduce its products into the market. The company is taking advantage of its efficient supply chain management and distribution to ensure that its products reach the market. In fact, the company well developed supply chain and distribution increases its competitive advantage. The firm uses its supply chain and distribution functions to expand quickly into the new market. The international expansion strategies Westfarmers is dedicated to provide international clients with the best products that would give them the best usab ility experience. The peripherals and services have driven the company to open up its operations in the major emerging markets particularly in China. Westfarmers expansion approach is to create a balance between its exceptional capability to devise and build up its own products that would provide its clients the best qualities that they are looking for and offering solutions to their needs. Together with other expansion policies, Westfarmers keeps on developing and advancing the stage for retailing innovative products as well as offering the best quality and standardized consumer products all over the globe. As a result, the company is planning to open up its operations in China due to the fast growth in GDP and the larger market (Alfaro et al., 2004). Currently China economic growth is surpassing that of US and Japan making the country attractive for consumer product investments. The growing global consumer products market is an opportunity for the company particularly in countries like China, which is experiencing economic boom. Moreover, the huge population and increasing application of Westfarmersââ¬â¢ products by the middle-class generation offer a potential market. Moreover, the innovative capabilities of the company are another opportunity to introduce new products into this large market (Blomstermo et al., 2006). Besides economic growth and market opportunities, the international operations offer an opportunity for the company to produce commodities at low cost (Alfaro et al., 2004). The companyââ¬â¢s Chinese subsidiary will operates at low wages compared to that in Australia. In addition, the operations in China will reduce the distribution cost thus enabling the company to offer its products at competitive prices (Chen Mujtaba, 2007). The Chinese subsidiary is strategically located to serve and meet the demands of the locals. In essence, the company is taking advantage of the benefits the foreign country offers towards its operations while ret aining its technological aspects (Anders, 2008). The country operation advantages include the cost of factors of production such as labor cost, factor endowment such as availability of supplies as well as the reduced distribution costs. The technological aspects that the company has to retained include research and development along with the defining managerial procedures (Chen Mujtaba, 2007). Therefore, the company has to come up with an expansion strategy that will ensure the realization of the goals. Various expansion strategies are available to the firm to establish and position within the international market. Entering into the international market comes with increased costs and risks. Therefore, firms must be critical while deciding on the international market entry modes. Firms, while expanding into the international markets can apply several strategies. However, for retail companies such as Westfarmers, franchising, joint ventures and utterly held auxiliaries will be the mo st appropriate. Franchising Westfarmers can utilize the business knowledge of other retail chains acting as a franchisee in host countries to expand the companyââ¬â¢s business activities. In this strategy, Westfarmers is supposed to provide capital, technical skills, and business expertise. The firm can use this mode in countries where there is uncertainty in political and economic conditions as in the case of China (Arregle et al., 2006). The uncertainty in the foreign markets makes this mode of entry more suitable for retail chains. The major advantage of this mode is that the company does not need to bear the costs and risks related to development and entry into the new market (Aulakh Kotabe, 2007). The cutback in overheads and threats allied to charters enlarges the corporationââ¬â¢s efficacy in searching for the fresh marketplace. However, the corporation will hardly have any power over the trade dealings mostly where the by-laws call for the businesses to observe the em inence ideals. Moreover, in the circumstances that the franchisee does not strictly obey the agreed rules and regulations, the firm can easily fail in this strategy. Joint ventures This is the most commonly used entry mode by firms including retail chains all over the world (Arregle et al., 2006). The entry mode requires that the Westfarmers form an alliance with similar firm in the foreign country in order to attain the greater position in the market. In most cases, the joint venture involves equal share of costs and benefits (Blomstermo et al., 2006). Nevertheless, the businesses functions as well as operations are regularly detached from the company control. Moreover, the supervisory tasks are analogous and mutual by each corporation. In order to achieve stringent direction and have superior allocation entitlements, Westfarmers will have to devote additional finance to the mutual schemes. The advantage with this entry mode is that risks and costs are shared (Arregle et al., 2006) . In addition, Westfarmers would gain market knowledge from the joint venture firm as well as explore the foreign market with the help of the other firm with political and economic issues put into consideration. With little regard to the conflicts that might arise from the joint venture, Westfarmers take advantage of the local firmââ¬â¢s capability of influencing the local government to allow the company to enter, establish, and dominate the markets. Utterly held auxiliaries This is the best entry mode for the Westfarmers. Utterly held subsidiary mean that the company will have total control of all its operations. In other words, Westfarmers will have to cuddle a hundred percent allotment of the far-off units. For the firm to own a subsidiary, Westfarmers must establish a new entity with full operations into this market or fully acquire an existing firm (Davies Ellis 2000, p.1190). The acquired firm must be well built within the industry. Westfarmers stand to gain a lot from thi s mode as the company can easily promote the products and services. However, there are increased costs associated with this mode of entry (Arregle et al., 2006). Recommendations Foreign investments in India and China are required to be made through the FDI (Foreign Direct Investments) route by making applications to the respective governments. Because the governments of these emerging economies are too eager to attract foreign investments, they have introduced speedy processes with negligible bureaucratic formalities. Mostly all approvals are given from a single window whereby the investing company can get all licenses and approvals from a single office. Once Westfarmers makes the financial resources available, the approvals to invest in India will be given within two months, after which the company is free to enter and purchase land and buildings and other infrastructure to initiate its expansion plans. It is important to note that entry routes into these countries for the purpose of doing business are very easy and convenient because both economies stand to gain because of the inflow of capital, which will lead to economic development and increase in employment opportunities. The entire process of getting the necessary approvals of establishing and setting up facilities in the two countries will not take more than three months. Entering into the international market comes with increased costs and risks. Therefore, firms must be critical while deciding on the internationalization. Critical analysis of the international expansion strategies will enable the firm establish and benefit from the international markets. The key areas to focus on while setting up business in China and India are land, buildings, infrastructure and availability of resources. Westfarmers will have to do a lot of sourcing of local merchandise, products and food items from within the given countries in complying with the tastes of local consumers. Setting up an effective framework for thi s will take four months because there will be a large number of products and items for which prior sourcing arrangements will have to be made by partnering with local producers and suppliers. Performing cost benefit analysis will go a long way in determining the extent of profitability Westfarmers will be able to achieve with its investments in China and India. The objective is to gain in a new market for which costs will have to be provided for research, cost of production, cost of marketing, wages to workers, costs of investments and other miscellaneous expenses. It is essential to conduct a thorough market research in order to get correct facts about the market and about consumer preferences so that appropriate marketing strategies can be framed for different consumer segments. Conducting market research and getting and applying its outcomes will take another three months, but this is essential for Westfarmers to get a correct picture of the environment in which it will operate. In essence, the companyââ¬â¢s corporate strategy will have to be aligned with the market needs of the two countries, which will obviously be different for each region. The next step will be to leverage the value chains that fit well with the investment priorities of the company. This process will take another six months. For any retail company it is very important to frame a well organized franchise strategy because it plays a major role in making value chain management more effective. The next stage for Westfarmers will be to establish an efficient distribution system because international chain stores require implementation of specific techniques to remain competitive. The ways in which the company manages its distribution system will have an important bearing on its market position. Efficiency in value chain management will entail a great deal of competitive advantages for Westfarmers. This process will take four months after which Westfarmers can confidently commence its busi ness operations in the respective markets. The next stage in the business cycle will be the design and implementation of appropriate marketing strategies in order to attract customers. An appropriate positioning strategy will have to be devised by including the most efficient elements of product, price, promotion and place (markets). The objective will be to use the research outcomes in the best ways in order to survive in the competition, win a steady flow of customers in each segment and to retain loyal customers by constantly offering them value propositions for the purchases they make in Westfarmers stores across the country. Designing and implementing the marketing strategy for different market segments can be quite tricky, particularly for retail companies because of the intense competition in the sector whereby customers can switch stores with the slightest provocation by way of being attracted by the propositions of other operators or by being put off with even minor deficie ncies in service. Overall, the implementation of marketing programs will take two months after which their outcomes will begin emerging in terms of customer visits to the stores. Therefore, in these 24 months, Westfarmers will be in a strong position to determine its future course of action in terms of future investments in the two countries. References Aiginger, K 2006, ââ¬Å"Competitiveness: from a dangerous obsession to a welfare creating ability with positive externalities,â⬠Journal of Industrial Trade and Competition, vol.6 no.3, pp.63ââ¬â66. Alfaro, L, Chanda, A, Kalemli-Ozcan, S Sayek, S 2004, ââ¬Å"FDI and economic growth, the role of local financial markets,â⬠Journal of International Economics, vol.64 no.2, pp.113-134. Anders, P 2008, ââ¬Å"Strategy antecedents of modes of entry into foreign markets,â⬠Journal of Business Research, vol.61 no.2, pp.132-137. Arregle J, Hebert, L Beamish, P 2006, ââ¬Å"Mode of international entry: the advantages of m ultilevel methods,â⬠Management International Review, vol.46 no.5, pp.597-611. Aulakh, P Kotabe, M 2007, ââ¬Å"Antecedents and performance implications of channel integration in foreign markets,â⬠Journal of International Business Studies, vol.8 no.1, pp.145-175. Belin, J Pham, C 2007, ââ¬Å"Global expansion: balancing a uniform performance culture with local conditions,â⬠Strategy leadership, vol.35 no.6, pp.44-73. Blomstermo, A, Sharma, D Sallis, J 2006, ââ¬Å"Choice of foreign market entry mode in service firms,â⬠International Marketing Review, vol.23 no.2, pp.211-213. Chen, L Mujtaba, B 2007, ââ¬Å"The choice of entry mode strategies and decisions for international market expansion,â⬠Journal of American Academy of Business, vol.10 no.2, pp.322-344. Davies, H Ellis, P 2000, ââ¬Å"Porterââ¬â¢s competitive advantage of nations: time for the final judgment?â⬠Journal of Management Studies, vol.37 no.2, pp.1189ââ¬â1213. Dunning, J 200 3, ââ¬Å"Internationalizing porterââ¬â¢s diamond,â⬠management International Review, vol.30 no.6, pp.5-13. Porter, M 2000, ââ¬Å"Location, competition, and economic development: Local clusters in a global economy,â⬠Economic Development Quarterly, vol.14 no.1, pp.15ââ¬â35. Rawski, T 2011, ââ¬Å"The rise of chinaââ¬â¢s economy.â⬠Journal of Foreign Policy, vol.16 no.6, pp.732-746. Wernerfelt, B 2009, ââ¬Å"A resource-based view of the firm,â⬠Strategic Management Journal, vol.15 no.26, pp.2171ââ¬â2180. Westfarmers Limited 2012, 2012 annual report, Westfarmers Limited In-house publishing, Portsmouth, Australia. https://www.wesfarmers.com.au/ Appendix Wesfarmers Ltd (WES) Balance Sheet Period Ending: 2012 30/06 2011 30/06 2010 30/06 2009 30/06 Total Current Assets 10911 10218 9674 9944 Cash and Short Term Investments 2279 1885 2705 3127 Cash 417 264 237 311 Cash Equivalents 112 97 85 79 Short Term Investments 1750 1524 2383 2737 Total Receivables, Net 2922 2704 2086 1893 Accounts Receivables ââ¬â Trade, Net 1733 1506 1322 1279 Total Inventory 5006 4987 4658 4665 Prepaid Expenses 133 92 25 68 Other Current Assets, Total 571 550 200 191 Total Assets 42312 40814 39236 39062 Property/Plant/Equipment, Total ââ¬â Net 9463 8302 7542 6912 Property/Plant/Equipment, Total ââ¬â Gross 14248 12403 11158 9835 Accumulated Depreciation, Total -4785 -4101 -3616 -2923 Goodwill, Net 16097 16227 16206 16273 Intangibles, Net 4393 4353 4328 4365 Long Term Investments 677 1001 679 410 Note Receivable ââ¬â Long Term 33 9 28 211 Other Long Term Assets, Total 738 704 779 947 Other Assets, Total ââ¬â ââ¬â ââ¬â ââ¬â Total Current Liabilities 10747 8722 7852 7561 Accounts Payable 5420 5059 4603 4054 Payable/Accrued ââ¬â ââ¬â ââ¬â ââ¬â Accrued Expenses 1035 954 ââ¬â ââ¬â Notes Payable/Short Term Debt 570 266 205 197 Current Port. of LT Debt/Capital Leases 1051 ââ¬â 99 437 Other Current liabilities, Total 2671 2443 2945 2873 Total Liabilities 16685 15485 14542 14814 Total Long Term Debt 3881 4613 5049 5535 Long Term Debt 3881 4613 5049 5535 Capital Lease Obligations ââ¬â ââ¬â ââ¬â ââ¬â Total Debt 5502 4879 5353 6169 Deferred Income Tax ââ¬â ââ¬â ââ¬â ââ¬â Minority Interest ââ¬â ââ¬â ââ¬â ââ¬â Other Liabilities, Total 2057 2150 1641 1718 Total Equity 25627 25329 24694 24248 Redeemable Preferred Stock, Total ââ¬â ââ¬â ââ¬â ââ¬â Preferred Stock ââ¬â Non Redeemable, Net ââ¬â ââ¬â ââ¬â ââ¬â Common Stock, Total 23286 23286 23286 23286 Additional Paid-In Capital 24 24 24 24 Retained Earnings (Accumulated Deficit) 2414 2119 1491 1024 Treasury Stock ââ¬â Common ââ¬â ââ¬â ââ¬â ââ¬â ESOP Debt Guarantee ââ¬â ââ¬â ââ¬â ââ¬â Unrealized Gain (L oss) ââ¬â ââ¬â ââ¬â ââ¬â Other Equity, Total -97 -100 -107 -86 Total Liabilities Shareholdersââ¬â¢ Equity 42312 40814 39236 39062 Total Common Shares Outstanding 1157.07 1157.07 1157.07 1157.07 Source: https://www.investing.com/equities/wesfarmers-limited-balance-sheet Wesfarmers Ltd (WES) Revenue Growth Year over year, Wesfarmers Limited has been able to grow revenues from A$54.5B AUD to A$57.7B AUD. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 67.75% to 67.26%. This was a driver that led to a bottom line growth from A$1.9B AUD to A$2.1BAUD. This report on Internationalization and Global Expansion of Westfarmers limited was written and submitted by user Ellen Sharpe to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Tuesday, November 26, 2019
Television - In living Color essays
Television - In living Color essays Everything people eat, wear, or use is pushed at the public through commercial advertising. Whether it is the fertilizer that the farmer chooses to put on the vegetables he grows, the clothing that is chosen at the department store, or the pen to write a report, it has been advertised. Advertising occurs even in the packaging of a product. From the colors the manufacturer chooses to use on the wrapping, to the multi-million dollar expense of television, everyone is influenced by advertising. One of the most powerful forms of advertising is in the advent of television. Since its inception, advertisers have viewed television as their most powerful tool. Television provides an excellent avenue for companies to sell and promote their products. There are fewer and fewer people living today who were around when television was not. Today's generation was raised entirely on television! Since the 1940's, television has been an important part of American life. Television is able to sell products like no other medium can. This incredible power of television comes from three specific areas: an inordinate amount of time spent in front of the television, it's ability to target a specific audience, and it's ability to attack the viewer on both the auditory and visual field. The time spent in front of a television continues to grow with each generation. The number of hours a child spends in front of a television is rapidly overtaking even the number of hours that they will spend in school. Included in their weekly television viewing are an extraordinary amount of commercial messages. Before entering school, young children will have formed many of their beliefs of what is good by the commercials they have viewed. Due to the number of hours spent watching television, advertisers use the concept of repetition to "promote goods, services, ideas, images, issues, people, and indeed anything...
Friday, November 22, 2019
The Comma in Punctuation
The Comma in Punctuation A comma is aà punctuation markà that separates elements and ideas within a sentence. The comma is the most common mark of punctuation- and the most commonly misused. In hisà Time magazine essay,à In Praise of the Humble Comma, author and essayist Pico Iyer compared theà punctuation mark to a flashing yellow light that asks us only to slow down. Knowing when to insert that flashing light (the comma)à and when is it better to let the sentence ride on without interruption is a conundrum that challenges even the most expert of writers. Learning a few simple rules can help you master when to use a comma and when to omit it. How to Use Commas Correctly Place a comma in front of any coordinating conjunction (and, but, for, nor, or, so, and yet) that joins two independent clausesà in a compound sentence. Authorà Maya Angelouà used this example of a comma before a coordinating conjunction in I Know Why the Caged Bird Sings: I sliced onionsNote how Angelous sentence contains two independent clauses- each could stand on its own as a sentence- but the author, instead, decided to join them with the coordinating conjunctionà and, which was preceded with a comma. If the two independent clauses are short, however, you can usually omit the comma: Jimmy rode his bike and Jill walked. In most cases, doà notà use a comma before a conjunction that links two words or phrases: Jackà andà Diane sangà andà danced all night. In a Series Use commas to separate words and phrases in a series of three or more: Everyoneà Use aà comma to separateà adjectivesà that areà coordinateà (adjectives that are interchangeable before or after aà noun): The books are You can tell whether adjectives are coordinate by inserting the conjunctionà andà between them. If the sentence makes sense, the adjectives are coordinate and should be separated by commas. By contrast,à cumulative adjectives- two or moreà adjectivesà that build on one another and togetherà modifyà aà noun- are generallyà notà separated byà commas: I wrote in a After an Introductory Clause To signal a pause, use a comma after an introductory word, phrase, or clause: Use a comma after aà phraseà orà clauseà that precedes theà subjectà of the sentence: Lacking brothers and sistersIf the introductory element doesnt require a pause, you can usually omit the comma To Set Off Phrases Use commas to set offà interrupting phrasesà andà nonrestrictive elements- words, phrases, or clauses that provideà added (though not essential) information to a sentence. For example: He sat back in his chairBut dont use commas to set off words that directly affect the essential meaning of the sentence: Your manuscript is both good and original. But the partà Other Uses for Commas Use a comma between the day and year in a date, in numbers greater than 999 (except in street addresses and years), and between the city and state in a location: The last time I was there was Jan. 8, 2008.The house is located at 1255 Oak Street, Huntsville, Ala.He had 1,244,555 marbles in his collection.In the year 1492, Columbus sailed the ocean blue. When a phrase refers to a month, day, and year, set off the year with a comma, says The Associated Press Stylebook, 2018: Feb. 14, 2020, is the target date The Oxford, or Serial, Comma Theà Oxfordà comma, also called the serial comma, precedes theà conjunctionà before the final item in a list of three or more items. It is usually optional and is generallyà notà used when onlyà twoà parallelà items are connected by a conjunction:à faith and charity: This song was composed by Moe, Larry, andà Curly. Though theà AP Stylebookà is a notable exception, most Americanà style guidesà recommend using the serial comma for the sake ofà clarityà and consistency. In contrast, most British style guides discourage use of the serial comma unless the items in the series would be confusing without it. As Joan I. Miller says in The Punctuation Handbook: Nothing is gained by omitting the final comma in aà list, while clarity can be lost in some cases through misreading. The Oxford comma is so called because it has traditionally been used by editors and printers at Oxford University Press. New Englanders may favor the termà Harvard commaà (the convention is also followed by Harvard University Press). Commas and Meaning The comma can alter theà meaning of a sentence, saysà Noah Lukeman in A Dash of Style: The Art and Mastery of Punctuation. Consider: The windows with the glass treatment are holding up well.The windows, with the glass treatment, are holding up well. In the latter sentence, the windows are holding up well because of the glass treatment, says Lukeman. In the former, the windows, which were treated with a glass treatment, are holding up well in general. The entire meaning of the sentence changes, simply due to the comma placement, he notes. Source Miller, Joan I. The Punctuation Handbook. Paperback, Wipf Stock Pub, 1683.
Thursday, November 21, 2019
Recycling Essay Example | Topics and Well Written Essays - 1000 words
Recycling - Essay Example For example, there are several similarities and differences of recycling between China and Australia when viewed in the lines of legislations guiding recycling, recycling of e-wastes, and water recycling. Chinaview.cn reports that the Chinese government passed legislations that intended to scrap progressive pricing of water since the consumption level of each household was unknown. Chinese law also proposed to boost sustainable development through energy saving and reducing discharge of waste products (Chinaview.cn). Similar legislations apply to the Australian laws that help the country to manage environmental pollution. According to Recycling International, the government of China formulated a law to govern the recycling of e-wastes. Australia does not only have laws governing the recycling of e-wastes but also regulates the amount of e-waste exports to China. The law commands for license and taxes to the individual manufactures of the electrical appliances. This move was to address the problem of increased destruction of electrical appliances by specific companies and individuals. The Chinese government established laws that regulate the pricing of water to consumers to avoid undu e exploitation of consumers. In addition, China formulated laws that enable the government to regulate the use of energy and pollutant emissions. China legislations on recycling encourage innovation in recycling technology through fund allocations to such projects. In addition, Chinese legislation on recycling provides tax relief to enterprises that use energy conserving technologies in their recycling processes. The Australian government passed a legislation that worked to regulate the exportation and importation of hazardous wastes as well as to ensure safe disposal for the protection of human life. The Australian law also advocated for issuance of certificates to individuals who intend to import or export hazardous wastes. The
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