Thursday, December 26, 2019
Leadership Challenges in Diversity Essay - 1078 Words
Leadership Challenges in Diversity The article, ââ¬Å"Challenges of Leading a Diverse Workforce,â⬠by Janice R.W. Joplin and Catherine Daus, discusses research that suggests six challenging factors when promoting diversity in an organization, along with proposed solutions to those challenges. The six challenges include, the Change of Power Dynamics, Diversity of Opinions, Perceived Lack of Empathy, Tokenism, real and perceived, Participation, and Inertia (Joplin, Daus 1997). The challenges and solutions are discussed in relation to a continuum that consists of stages of intolerance, tolerance, and appreciation for diversity in the workplace. Each challenge is met with a solution involving required skills and attributes of a leader.â⬠¦show more contentâ⬠¦I learned quickly that they were not at the appreciative stage, where acceptance of diverse views were not only accepted, but sought after, but perhaps closer to the stage of intolerance (Joplin Daus, 1997). All of the employees were female, of the same age, and same ethnicity. After time, as new processes were implemented, turnover occurred in management and staff. The authors stated that, ââ¬Å" As power is redistributed, doubts may emerge within the traditional constituencies about how they will fit in to the new organizationâ⬠(Joplin Daus, 1997). I observed this happening as the tenured associates were now becoming the minority as hiring needs increased. Their previous knowledge of how things were practiced no longer existed, and new talent was being trained under new management, creating uncertainty of status. The suggested solution from the article was to promote change by pairing diverse individuals together. In my case, it would have been a new associate mentored by a tenured associate. Admonition to not show favoritism to one group over another would help prevent resistance from other groups (Joplin Daus, 1997). Another solution to help foster change and diversity was to actively engage in teambuilding practices to become more acquainted with one another and promote ways in which to discover unique skills to benefit the team as a whole (Joplin Daus, 1997). A change of power can mean females becoming a greater percentage in theShow MoreRelatedDiversity Leadership And Diversity Challenges Faced By Companies And Institutions Of All Sizes2129 Words à |à 9 Pagesthere is an increasing focus on diversity leadership and diversity challenges faced by companies and institutions of all sizes. Chin and Trimble (2015) acknowledged that diversity has actually created the path to globalization; populations are evolving to being more heterogeneous and diversity issues are increasingly more global and diverse. Ewijk (2011) related diversity to differences between people, adding that there are three fundamental elements in defining diversity. Firstly, it the selection modesRead MoreDiversity Within A Workforce Diversity894 Words à |à 4 Pagesworkforce d iversity through different initiatives. Some organizations have started reaping the benefits of employeesââ¬â¢ diversity at their workplaces. Some public and private organizations have promoted women and minorities to leadership positions, which was rear in the past. Despite the advantages diversity brings in various organizations and the initiatives taken by organizations to promote it, implementing it poses challenges in different organizations. Initiatives to promote diversity The demographicRead MoreSample Resume : Office Of Personnel Management1648 Words à |à 7 Pages My name is Mapuor Pur, a HR manager at Veteran Affairs Office of Personnel Management (VAOPM), and my role is to create, sustain and develop high-performing workforce by leveraging diversity and empowering VA`s employees to achieve superior results in services, leadership and coaching to our Nation and its Veterans at large. The purpose of VA agency as it mission is to build a diverse workforce with inclusive workplace that delivers the best services to our Nationââ¬â¢s Veterans, their families, andRead MoreBest Foods Case Analysis Essay1615 Words à |à 7 Pagesis a multinational worldwide food company whose vision is ââ¬Å"To be the Best International Food Company in the World.â⬠(p.713) Best Foods set out to make some serious strides in diversifying their organization. However, there were three key diversity challenges facing them. First is that the company has very few women who have been on the career path that leads them to executive level position. This unfortun ately was due to past practices. Best Foods top 150 senior managers were mostly made upRead MoreEssay about Compare and Contrast Select Leadership Theories1455 Words à |à 6 PagesContrast of Select Leadership Models Leadership comes in different forms and in different aspects of life from private business to government entities (Wren, 1995, p. 5). The models of leadership used are dependent upon the individual attributes of the leaders, for example traits, values, self-identity, skills, and competencies (Yukl, 2013, p. 136). 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Diversity encompasses many aspect of our lives such as: race, gender, ethnic group, age, personality, education, and background. Inclusive leadership model brings us together by using our knowledge and our differences. Ospina, Hdidy, and Caicedo (2011) define inclusive leadership as an organizational cu lture that consistently produces results that benefit all of thoseRead MoreChallenges Of Cross Cultural Work Environment999 Words à |à 4 Pages CHALLENGES IN CROSS CULTURAL WORK ENVIRONMENT ABINAY KANKATI Sullivan University MGT-510 Executive Summary: The proposal briefs about the challenges in a cross-cultural work environment and how we can over come these challenges. Cross-culture as the name sounds involves dealing with various cultures across the world. Working in a cross-cultural work environment is always difficult and the need to face challenges is quite common in such organizations. Communication is one of theRead MoreEssay Workplace Diversity1577 Words à |à 7 PagesDiversity is the uniqueness which every employee brings to the workplace in an organization or establishment. Examples of differences include nationality, belief, disabilities, physical appearance, race, gender, age, educational background, sexual orientation, and work experience, social and family status. At the workplace, valuing diversity means creating a work environment that respects and includes individual variation by maximizing the potential of all employees or in which every employee feelsRead MoreIn This Paper, The Importance Of Creating A Main Goal Of1715 Words à |à 7 Pageswould not only improve the companies, organizations partnerships close to work and collaborate more effectively, but also to offer high quality of care for their customers. The growing recognition of leadership will be financially stable and contact because of the accessibility of the system. 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Tuesday, December 17, 2019
Martin Textile - 6243 Words
closing Case Martins Textiles August 12, 1992, was a really bad day for John Martin. That was the day Canada, Mexico, and the United States announced an agreement in principle to form the North American Free Trade Agreement. Under the plan, all tariffs between the three countries would be eliminated within the next 10 to 15 years, with most being cut in 5 years. What disturbed John most was the plans provision that all tariffs on trade of textiles among the three countries were to be removed within 10 years. Under the proposed agreement, Mexico and Canada would also be allowed to ship a specific amount of clothing and textiles made from foreign materials to the United States each year, and this quota would rise slightly over the firstâ⬠¦show more contentâ⬠¦What about his moral obligation to his workers? What about the loyalty his workers have shown his family over the years? Is this a good way to repay it? How would he break the news to his employees, many of whom have worked for the company 10 to 20 year s? And what about the Mexican workers; could they be as loyal and productive as his present employees? From other US textile companies that had set up production in Mexico he had heard stories of low productivity, poor workmanship, high turnover, and high absenteeism. If this was true, how could he ever cope with that? John has always felt that the success of Martins Textiles is partly due to the family atmosphere, which encourages worker loyalty, productivity, and attention to quality, an atmosphere that has been built up over four generations. How could he replicate that in Mexico with a bunch of foreign workers who speak a language that he doesnt even understand? http://www.canada.org.ae/NAFTA.htm Case Discussion Questions 1. What are the economic costs and benefits to Martins Textiles of shifting production to Mexico? 2. What are the social costs and benefits to Martins Textiles of shifting production to Mexico? 3. Are the economic and social costs and benefits of moving production to Mexico independent of each other? 4. What seems to be the most ethical action? 5. What would you do if you were John Martin? Hint: â⬠¢ NAFTA is likely to produce net benefits for the US economy.Show MoreRelatedMartin Textile6254 Words à |à 26 Pagesclosing Case Martins Textiles August 12, 1992, was a really bad day for John Martin. That was the day Canada, Mexico, and the United States announced an agreement in principle to form the North American Free Trade Agreement. Under the plan, all tariffs between the three countries would be eliminated within the next 10 to 15 years, with most being cut in 5 years. What disturbed John most was the plans provision that all tariffs on trade of textiles among the three countries were to be removed withinRead MoreCase Study Martin Textile Starbuck1000 Words à |à 4 Pagesshould corporations have toward the country in which they operate? To their country of origin? CASE STUDY 1 MARTIN TEXTILES Question 1 Economic cost The production cost that is labour cost if Martin Textile shift its production to Mexico will be reduced to less than USD2 per hour as compared to wage rate paid to its unionised New York plant(USD12.50 per hour) and non unionised textile plant in southeastern US(USD8 to USD10 per hour). The production too will be able to avoid cost disadvantageRead MoreEnvironmental Issues In The Fashion Industry Essay1903 Words à |à 8 PagesIntroduction This paper explores the use of colour changing textiles and how the fashion industry could benefit from it. It explains why they are perfect solutions for the environmental issues. Fashion industry is one of the most wasteful and environmentally impactful industries in the world. There is a lot of pressure to find less wasteful ways of producing clothing and to make fashion more sustainable. One of those ways is the invention of colour changing fabrics (Rachel Skudlarek, 2017). ChapterRead MoreThe Black Death And Its Effects On Western Europe Essay1391 Words à |à 6 Pageslonger perceived as The Lord of creation but rather the ruler of nature. This new perspective on life came from awareness of self. Humanism helped create the Protestant Reformation. Martin Luther also had a major part in creating this movement. Martin Luther was born November 10,1483 in Eisleben, Germany. As Martin got more recognition his family became more respected. He was a man who dedicated himself to studying the bible. By doing so he discovered Godââ¬â¢s truth, people were saved by faith andRead MoreThe Aztec Capital2084 Words à |à 9 PagesTerms To Know: 1. 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It never rusts and cannot be stolen.â⬠Martin Luther King JrRead More Rosa Parks and the Civil Rights Movement Essay1294 Words à |à 6 Pages Rosa Parks, also called the ââ¬Å"Mother of the Civil Rights Movement,â⬠was given the NAACPs Spingarn Medal and the Martin Luther King, Jr. nonviolent-peace prize. Rosa Parks was also awarded the Eleanor Roosevelt Woman of Courage award in 1984. Rosaà ¢â¬â¢s influence and impact on the society is one that can never be replaced. Rosa was not only the person who took that seat, but she has plenty of respect because of her personality as a strong willed woman. Where did all this began? Rosa Louis McCauley
Monday, December 9, 2019
Morrisons Supermarket PLC International Investing
Question: Discuss about the Morrisons Supermarket PLC for International Investing. Answer: Introduction Globalization is the key to achieve greater success in todays dynamic business world and Morrisons Supermarket Plc. a major British supermarket chain has inculcated the said strategic goal of expanding its business globally in its long term goals. The company was established in the year 1899 and is successfully listed in the London Stock Exchange since 1967. It has done many successful acquisitions within UK and has also expanded its retail chain within the country and in Gibraltar as well. However its recent strategy of expansion in USA is one of its first and the same should be ventured only after due deliberations. I as a consultant would suggest that before investing any amount in the market of USA, the probable risks and business opportunities should be analysed in detail. Analysis of Potential Risks In Usa Before any amount is invested in USA, its political, economical, cultural as well as ethical risks should be analysed in detail as it is very different from that of United Kingdom. Thus the mannerism of performance and expansion strategy will be extremely different. Strategies can be formulated only after due calibrations and analytical analysis of these important factors of risk. Political and Economic Risk United States of America (USA) is one such country in the world which poses a very steady and conventional environment for business investment. It has a system of constitutional republic and representative democracy in which the majority rule is tempered by minority rights which is sheltered by law. However under the current presidents rule, democracy is prevalent which led to pull the country out of the global financial crisis of 2008. Presently due to elections the policy making of the government is not as effective as it used to be. Off late it has even noticed that the government and the corporate houses are in line with the common goals of each other. However the upcoming elections have posed an environment of uncertainty between the country and the various business houses. The political risk of transfer, expropriation and war is the least in USA (United States Department of Commerce, 2016). Thus it is understood that Morrison can invest in USA considering the country to have a more stable political scenario which is the main crux for survival in conducting international business in any country. On analysing the political risks that the country faces it seems to be a very ripe market for investment but the present scenario in US lacks direction in forming a sound foreign and security policies (Borg, 2015). Source: Economics and Statistics Administration Analysis Using Data From ONDD Transfer Risk: It is The Inability of Private Agents to Transfre Funds Abroad Due to Government Risks The chart above clearly shows that USA and Germany are two such countries which have the lowest transfer, expropriation and war risk. The expropriation risk in USA is least which means that the country is a democratic one and does not confiscate a companys products and services for the benefit of the nation as a whole. Secondly, the biggest risk that any company doing international business may face is that o transfer risk of converting the US$ to own countrys currency which is also least in USA. Last is the war risk which is high but USA is a well equipped country and hence the risk of uncertainties during war is minimal. History has seen a free market economy in USA but the present state is different that of a mixed economy. There has been intervention from the government in the economic policies and the affairs of the country thus enabling more and more influence or control in the public sector. Before Morrison invests a single penny in the market of USA it should study the probable economic risks which it may have to face. The dominance of consumers is so large that at times the US economy is named as consumer economy (Hermes, 2016). Its economy is of a mixed nature as the government as well as private enterprises both play a very important role. The economic risk is low in USA as the private individuals are also made a party while choosing the officials for their country who would be responsible for formulating economic policies. The government intervenes in placing certain guidelines about regulation with regards the kind of products being produced, the working conditions and environmental factor s. All these are the basic economic risks which are very basic for any country to spell out for conducting business internationally (Conklin, 2002). Further to this the commercial banks have tightened their lending policies in wake of a tighter monetary policy spelt out by the Federal Reserve in USA due to which there is a high risk of running into insolvency. The current presidential elections have developed an environment of uncertainty to the extent that the consumption level of daily products will slow down significantly. These contribute further to increase in the economic risk pertaining to investment in USA (Perry, 2008). The political and economic conditions prevailing in the USA stated above clearly proves that Morrison can look ahead to investing in the country although should wait till the new government is appointed so that the atmosphere of uncertainty is wade off. Cultural and Ethical Risks Investing in any country is not easy as there lies varying cultural and ethical differences too which pose to be one of the risk factors to be considered before investment is done. Similarly there are many cultural differences between USA and UK which also poses a threat for Morrison Supermarket Plc thus the same should be analysed before it decides to enter the market. On exploring the US culture from the 6-D Model a better overview of the culture is attained. Within every country regional cultural differences exists and it is not a necessity that people have to undergo a cultural briefing session before moving out of a particular place. Geert Hofstede has developed a cross cultural dimensional theory which deals with the differences in communication due to cultural stances. The dimensions described by Hofstede with regards USA which is very important from the view point of Morrisons Supermarket Plc are described as under: Power Distance: As per this dimension it states that all the people of a society come from varying cultural backgrounds have varying ethical standards and thus are said to be unequal. It clearly states that the society is influenced by the leaders but is equally influenced by the followers in USA. Therefore Morrisons should understand this inequality in the culture and try to establish more followers than leaders so as to succeed in opening up of a supermarket chain in USA. Individualism: American culture does not believe in individualism contrary to what is n vogue in the UK. Here hierarchy is set for ease in communication but people at all levels are easily approachable. The American Culture demands for hard work and good results which is a clear scenario of promotion on the basis of merit and not recommendations unlike UK. This is highly contrary and Morrisons Supermarket Plc. may face problems in dealing with the same situation. Masculinity: The masculinity high score shows how the society would encourage people who are successful. US has a score of 62. This score indicates that the USA culture is similar to that of UK in this respect. But the difference which Morrisons Supermarket Plc. has to understand is that in USA work is done basis targets set in the job. Americans are workaholic and they are very much concerned about the kind of lifestyle they lead. Uncertainty Avoidance: It is a true that future can never be predicted but still countries should deal with such uncertainties in an optimistic manner. America is one such country which welcomes changes, new business ideas and products whole heartedly As compared to the market of UK, USA is a more tolerant country. This gives an upper edge to Morrisons Supermarket Plc. to rethink about investing in USA. Long Term Orientation: This dimension basically deals with how a country links its past with its present and future. USA is one such country which welcomes change but very cautiously and hence has a very low score of 26. Morrisons Supermarket Plc. has to take this dimension as a deterrent to investing in the country. Here people measure business outcomes per quarter and expect promotions and rewards accordingly. This expectation and method of rewarding turns out to be very expensive. Indulgence: USA has a moderate score of 68 in this dimension which clearly states that around 60% of the population is more impulsive and the rest is more restrained in their performances. They believe that to get something and enjoy one has to earn it by working hard. Thus Morrisons has to consider this fact that the labour here would be skilled and hard working unlike that in UK (ITIM, 2016) . United States of America Geert Hofstedes 6-D Model Business Opportunities in USA Although conducting business in USA entails a lot of risks yet there are very bright opportunities that lure one to invest in the said country. The opportunities would be analysed in various sections which would enable ease in deciding the same. The demographic statistics clearly show that the median age of USA presently is 37 and with the increasing diversity there soon will be many minorities but no majority. As the country people are growing old, the younger generation are becoming more diverse in the sense that a majority of it belong to racial or ethnic minority group. Therefore it is a very good opportunity for the supermarket chain Morrison Supermarket Plc as the demographics of USA is wide and diverse and this is what any supermarket chain business looks for. There exists income inequality in USA. The middles class is shrinking and thus this is not good for the economy of the country. The upper class is pulling the middle class down and the lower classes are falling further. Thus for Morrison Supermarket Plc. the same should not affect the business as it intends to sell the basic household commodities and grocery which is required by all classes. Further to this the racial and ethnic diversities also prompts the company to look at the market as a good prospect since it has the option of keeping goods of wide nature serving the wide demography as well as income levels. The consumer habits also pose a big opportunity for the company. Although the same differs from that of UK. Presently, both the countries are although facing economical turbulence yet it is seen that the Americans have a positive outlook towards the same. There spending capacities are divided into various age groups (International Trade Administration, 2016). Morrison Supermarket Plc. biggest competitor would be Wal-Mart, the largest supermarket chain in the world. It is dominated by four major chains namely Wal-Mart, The Kroger Co., Safeway and Publix Super market. These have emerged as big players due to increased consolidations, mergers and internal restructures in the mid 1990s. Thus the market of USA with regards the supermarket chain is that of an oligopoly and Ellickson has presented an Endogenous Sunk Cost (ESC) model of retail competitors based on John Suttons model. It clearly says that an increase in the sunk cost investment is the main reason why the super market chains are so limited in the USA. As per the model stated by Ellickson, it is the quality that determines the kind of market structure that would prevail. Thus a growth in the market will definitely affect the costs that the firms have to bear which leads to wiping off of the smaller firms (Ellickson, 2004). The supermarket industry of USA had three main innovations which led to oligopolistic market structure of the same. Firstly was the sudden rise in the grocery chain in the year 1990, then was the introduction of the supermarket style and finally was the introduction of the programmed distribution and procurement system. Thus as per this model, the number of firms that form a part of this retail segment are not dependent upon the market share and secondly to sustain in the oligopoly market, investments in the quality of the products have to be made so as to sustain in this market. Thus Morrisons Supermarket Plc. should follow this theory to succeed and become a part of the market structure prevalent. In the wake of globalization, USA has always welcomed foreign products in its markets. Americans are seen using cars made in Germany or Japan. They use luxurious products which are made in Europe. Even in the grocery chain they welcome services of another player whole heartedly and buy products from them as well if the price is competitive enough. People have become more prone to buying organic, environment friendly products and thus if the new comers give these to them, then the supermarket owners see a warm welcome gesture. The government of United States of America has always welcomed the foreign investment by providing them a stable environment. The legal system is very simple as well as transparent without any ambiguity, the taxes are low, the infrastructural facilities are excellent and it provides easy entrance to explore the worlds most profitable consumer market. The government views the investment by other countries as a means of raising their GDP ratio. It is also noticed that investment in US yielded more profits after tax as compared to the non-US investments (Kilachand, 2012). The long term consequences of investing in USA is much more lucrative as compared to investment in any other country such as the availability of highly skilled labour whose productivity is much more than that of any other countrys labour. The image above clearly shows that the GDP growth rate has not been very ecstatic in nature yet the country has been successful in maintaining its growth after the great economic recession of 2008. Thus Morrisons Supermarket should view this as a big opportunity to invest in USA as the countrys ability to pay off its debt is stable on a year on year basis. Expansion of UK Companies in USA There are various business houses of UK who had tried to expand their businesses in USA. The biggest example is the failure of Tesco in USA, who finally decided to come out of the American market after five long years when it finally failed to attract the American Consumers. It failed to understand what Americans want from the service sector and the kind of services they offered turned the Americans away from the stores of Tesco. It used shrink-wrap for packing food, un-catchy name and self service option (Walker, 2012). These were totally against the culture of USA. They prefer personalized service which was missing in these stores. It also ignored the tastes of the Americans and thought that whatever was readily accepted by the people of UK would be acceptable by the Americans too. Similar to Tesco, MS and Sainsbury have also faced deaths while operating in USA. Thus it clearly shows that the supermarket chain of USA is very consumer sensitive and not understanding the same will le ad to demise of any foreign supermarket store. Further its timing to open the store was also very precarious to the global recession of 2008 (Seale, 2015). The above example clearly makes us understand that how important it is to understand the cultural differences to succeed. Also ethics, the political and the economical scenario of a country play a vital role to attract such consumer sensitive market is very evident from such failures. Well not all companies have failed to succeed their expansion plans in the USA. The example of Alliance Boots is one such retailer who has succeeded where the others have failed. It is a pharmaceutical company which sells beauty products as well. To sustain and survive in the US market, Stefano Pessina has decided to merge with Walgreens of US. He has understood that in order to succeed in the most difficult market of the world USA alliance formation is the most sought after strategy. Its merger strategy was basically to take advantage from the Walgreens superior pharmacy IT along with ensuring that it exports its own products to these stores as well. Thus this alliance was one of the most strategic moves of Alliance Boots in order to enter the toughest market successfully (Sunderland, 2014). The second example clearly states that strategizing of entry into the USA market is the best way to succeed. Roots Model Morrisons Supermarket Plc. should plan a foreign market entry which is very well defined by Roots. He states that three factors dominate the entry mode that a company should decide upon. They are the extent of the control that it is looking for, the risk appetite of the company and the time the company has to devote in that country. Therefore as per this eminent economist it is the method of entering a market that is the most critical decision that an MNC has to take after it decides upon the country it wishes to enter.. The model proposed by Root in the year 1994 is known as Decision Making Process Model which clearly states that the entry mode for any MNC in another country is a multi level decision. On analysing the same with regards Morrisons viewpoint the objective of the company is globalization and expansion of its business outside UK. USA is one such country with a strong economy and political stance which inclines the company towards this country. The second level s per Root s Model is an emphasis on the existing environment and presently the state of USA is not very stable due to elections (Root, 1994). Policies are not being made as appropriate as it should be and Morrisons should wait for the new President to be elected as this would have a great impact on the political and the economic scenario of the country as a whole. Morrisons will not be able to get a control of the market if established on a standalone basis. Further it is an oligopolistic market structure thus to break in such a structure is difficult because of existence of bigger players only. Thus it should look in for controlling over a specific market and not the entire USA. Secondly this is not the right time to invest due to uncertain political and economic conditions. Thirdly the risk appetite to invest in such a big country with so much of diversities is very low . Further, Root has stated three kinds of entry modes i.e. Export entry mode, Contractual entry mode and Investment entry mode and on viewing the past history of the various MNCs in USA, the last entry mode is the most apt for Morrisons as well i,e, investing in the form of a joint venture (Durmaz, Tasdemir, 2014). Thus if at all Morrisons Supermarket Plc. wants to enter the American market it should first try to find a suitable American company like AP Supermarkets, or Pathmark or Food Basics which are working at a regional level who would like to enter into a joint venture with it. This would give it an American touch which people out there look out for. Further New Jersey and New York City are one of the populous cities of USA, which the company should try to venture into. Conclusion Therefore on a concluding note I would like to suggest Morrisons Supermarket Inc. that the past has shown failures of all the retail supermarket chains from UK who have invested in USA leading to huge losses and wiping off the top line of the company. I as a consultant would strongly recommend that first investment as a part to globalize in USA is not a very good idea. The company should try to expand to other easier markets first. Secondly it should also first evaluate and study the entire market before investing. The market of USA is not the same in its entirety. Different states have varying tastes and requirements and most importantly even though the language is same of the two countries but the behavioural patterns are contrasting in nature. Further the risks are more as compared to the opportunities. It is a myth that Americans welcome change. They welcome new entrants but not change in their lifestyle. Further the present economic condition also makes the said proposition unviable. Tesco failed due to wrong timing. Thus Morrisons Supermarket Plc. should not repeat the same mistake. These issues may seem to be minor but are very crucial as it is a consumers market and they are the ones who dominate and ensure the success or failure of any firm. References: Arrow, M., Aronson, M, (2016), Seven Culture-defining differences between UK and US ads, The Guardian, Available at https://www.theguardian.com/media-network/2016/jan/08/culture-defining-differences-uk-us-ads (Accessed 02nd September 2016) Borg, A., (2015), 6 factors Shaping the Global Economy in 2016, World Economic Forum Conklin, D,(2002), Analysing and Managing Country Risks, IVEY Business Journal, Available at https://iveybusinessjournal.com/publication/analyzing-and-managing-country-risks/ (Accessed 02nd September 2016) Durmaz, Y., Tasdemir, A., (2014), A Theoretical Approach to the Methods Introduction to International Markets, International Journal of Business and Social Sciences, vol. 5, no. 6, pp. 47-54 Ellickson, P.B., (2004), Supermarkets as a Natural Oligopoly, Available at https://www.goodfoodworld.com/wp-content/uploads/2012/05/SupermarketsAsNO.pdf (Accessed 12th September 2016) Hermes, E., (2016), United States : Economic Overview, Available at https://www.eulerhermes.com/economic-research/country-reports/Pages/United-States.aspx (Accessed 02nd September 2016) International Trade Administration, (2016), Invest in America, Available at https://trade.gov/investamerica/ (Accessed 02nd September 2016) ITIM, (2016), Geert Hofstede, Available at https://geert-hofstede.com/united-states.html (Accessed 10th September 2016) Kilachand, S., (2012), 9 Tips , Not Too Flattering , For Doing Business in U.S. , The Forbes, Available at https://www.forbes.com/sites/seankilachand/2012/04/18/9-tips-not-too-flattering-for-doing-business-in-u-s/#1e434b5073cc (Accessed 02nd September 2016) Ott, M., (2002), Foreign Investment in the United States, The Council Encyclopaedia Of Economics, Available at https://www.econlib.org/library/Enc1/ForeignInvestmentintheUnitedStates.html (Accessed 02nd September 2016) Perry, B., (2008), Evaluating Country Risk For International Investing, Available at https://www.investopedia.com/articles/stocks/08/country-risk-for-international-investing.asp (Accessed 02nd September 2016) Root, F.R. (1994). Entry Strategies for International Markets. San Francisco: JOSSEY-BASS. Seale, A., (2015), Seven Epic Fails by businesses that tried expanding into foreign markets, Available at https://www.firmex.com/thedealroom/seven-epic-fails-by-businesses-that-tried-expanding-into-foreign-markets/ (Accessed 02nd September 2016) Sunderland, R., (2014), Several retailers have come to grief trying to conquer the American Market... Will Boots succeed where so many others failed?, The Daily Mail, Available at https://www.thisismoney.co.uk/money/comment/article-2720256/RUTH-SUNDERLAND-Several-retailers-come-grief-trying-conquer-American-market-Will-Boots-succeed-failed.html (Accessed 02nd September 2016) United States Department of Commerce, (2016), Political Security Risks, Available at https://acetool.commerce.gov/political-security-risks (Accessed 02nd September 2016) Walker, T., (2012), Why does Tesco work in the UK but not in the United States?, Independent, Available at https://www.independent.co.uk/news/business/analysis-and-features/why-does-tesco-work-in-the-uk-but-not-in-the-united-states-8393592.html (Accessed 02nd September 2016)
Monday, December 2, 2019
Spelling Review Essay Example
Spelling Review Paper Essay on Spelling I enjoy Dmitry Bykov, how I love him? Journal of the train will open, where the Bulls, criticism to movies read, there is also the Bulls, in newspapers Bulls, and terrible to say, even to meet Vladimir Vladimirovich with Yuri Yulianovich verses composed too Bulls manages more than Mihailo our Vasilyevich at the time the right is ! I began to feel so ashamed, the last straw happened conscience tortured, book in hand picked itself, because it turned out that the original (there must a man thing to be, so to say, not everyone is destined to fulfill the Figaro, and in addition also a profession was, if memory serves) Dmitry Bykov our all even and writer But the next disaster happened here: the book was not easy, directly stated opera.! Alas, life had to read books, read no opera, so I have taken all the same as the book. Especially in the afterword by the author even in the epic, not forgetting, however, Khovanshchina mention, he said. Total we have epic opera, spelling, literature, and even revolution, postmodern, almost all of the silver age under different names-names (important not to confuse Lgov and Lovetskaya, Kazarina and Kraminov and yet simultaneously to think and who they are in fact, despite the fact that to know the whole pantheon of the then writers probably interesting, but there worth powder and shot?) verses tell disputes are, dance, dance, and even Peter, Crimea, almeki with a pipe, even the ghost of Leo Tolstoy flashed generally terrible thing like a whole lot! And it would be all exceedingly tasty, if it were not so bland! Read, read, bam, and the characters are two-dimensional: one dimension a prototype of th e real, the other the book image, and in any did not want to become three-dimensional. Each sings his own party on the assigned groove as table football, and a step to the side, otherwise the right shot. The protagonist and accurately letter, a mirage, worn by the wind of time here and there, and his love, and throwing very emotionally hurt. How to force to write a school essay no development of the image, is a kind of alter ego of the author: I understand everything, know everything, even here Loison, koi reveal all the secrets of humanity, honor, just nothing at all of this understanding will not change. Even essentially no image, puppet came out to yank the strings demiurge epic. About the other and say nothing not to be confused with the main yudofilov anti-Semite, elagintsev with krestovtsami, professors and journalists, etc. But to stay on the edge of perception of all this violence would hardly even able, perhaps, if the background colors of the rainbow is not played, do no t bury it like a sand castle. Philological novel in the opera is clearly priyatstvenno political and historical (and romantic) turned out. In general, it is clear that I wanted to express, but only very dead there, a lifeless desert words, means also a parallel in our day to throw, but only time such a write and publish in our parallel post-desert, then there is something that is moving forward, living and not just inanimate dark We will write a custom essay sample on Spelling Review specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Spelling Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Spelling Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Spelling Review Essay Example Spelling Review Paper Essay on Spelling In good conscience tell you, thirty-five years of living in the world, and why spelling I do not know When Leo Tolstoy was asked about his novel, he said that in order to explain it, have to write it again.. Similarly, the Spelling a book of astonishing density, which can not be determined by one idea: either it drags along the entire novel, or in fact anything about it and did not say. Bykov wrote about the abolition of spelling and useless people, and Russian revolutions, laws and conventions, and vexed questions Here you can see:) Meanwhile, the novel begins in 1918, the spelling reform: abolishing jers, and yatey the most spelling, which the new government found it unnecessary convention, plus a barrier that separates the masters from the illiterate literate proletariat. From now on written as heard. Ironically, the hero nicknamed Yat, a journalist with the new decree officially canceled. With him out of work are writers, linguists, proofreaders and other language Goldsmiths them, fifty intellectuals gather in the commune on Elaginsky island come up with a new spelling, and anything else for the good of the revolution We will write a custom essay sample on Spelling Review specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Spelling Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Spelling Review specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Perhaps. , any person who has received the public rations, shelter and work during the general chaos and destruction would have been happy. But not intellectual. Especially not 50 intellectuals. Amazing all the same people, who know so much, so much to anticipate, but can not do anything they cause some wrenching mixture of sympathy, pity and contempt. Alas, so smart, alas, are so stupid. You are in a maze cursed questions can find their place in life? Probably not. But all the familiar faces, guessed For other Tolstoy, Aleksey Nikolayevich, called it vpechatelnie poison. when read causes rejection, hatred, when everything inside boils against it, but nevertheless wear it in yourself , savoring. Nothing remains but to fall in love with the characters just the way, is, like gadgets useless, but subtly lovely heart things, without which it would collapse the world *** Thats it. , pustovato and stupid about piercing novel.
Tuesday, November 26, 2019
The New Deal and Social Welfare Policy
The New Deal and Social Welfare Policy Introduction The New Deal is a term that was popularized by Franklin Roosevelt. It had programs and measures that he came up with to cope with the problems experienced. These problems arose because of the great depression, which occurred in the United States in 1930.Advertising We will write a custom research paper sample on The New Deal and Social Welfare Policy specifically for you for only $16.05 $11/page Learn More The New Deal involved a number of reforms that were focused to deal with problems affecting the social, economic and government arenas. It was adopted by each state. It went a long way in helping the US as a country especially in pulling it out of this hard time. This is why it was considered as a major breakthrough in American history (Shlaes, 2007). The social welfare system in America changed greatly during the 1930s. Before the changes, the local governments for each region distributed relief. Consequently, this led to the rise of various problems, as there were some scandals that arose. In 1933, the method was changed and the system was made much larger. The parties that were involved in this were the federal, state and local government. Bureaucracy dominated the scene because of these actions. The permanent social welfare system that was developed by the social security act contributed significantly to this process (Jansson, 2012). Social and economic conditions that led to the enactment of the New Deal programs The great depression This is one of the major problems that led to the need to adopt the New Deal. Various factors led to this. A key factor, which was a major cause of the great depression, was the stock market crash, which took place in the year 1929. There was a major loss of about 40 billion dollars within a period of only two years (Shlaes, 2007) Stockholders had lost too much money; despite attempts to recover some of the losses, the gap could still not be filled. By 1930, the great depression became inevitable. After the stock market crash, banks started failing. Over nine thousand banks closed, due to the difficulties they were experiencing. The remaining banks were not insured, and people lost their savings when the banks crashed. The remaining banks in order to remain afloat restricted the issuing of loans hence making it hard for most businesses to sustain themselves (Shlaes, 2007).Advertising Looking for research paper on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More A major outcome of the great depression was unemployment. Due to the crash of the stock market and banks, many people lost their jobs. This was due to the rampant layoffs to maintain the businesses. Some businesses went bankrupt hence the workers from the failed businesses lost their jobs. The decline of the buying of goods also led to unemployment. People became unsure of the situation after the stock market crash and bank failures. They decided to keep their money. This, in turn, led to less production hence bringing down the need of a big workforce, which eventually led to a reduction in labor. Another blow to the economy was the policy to reduce the number of imports from Europe from entering the country. Though this policy served to protect American companies, it led to a decline in trade between the countries, and eventually resulted to economic restrictions as the countries also held back in supplying resources that were needed by the US (Jansson, 2012). Unemployment led to rural to urban migration as many people who were unemployed decided to move to urban centers to try their luck in getting jobs. Most people in the rural areas who are farmers experienced severe poverty. They had over exploited the soils and did not have the funds to invest in agriculture. This led to a large influx of people moving to the urban centers, and this, in turn, led to an increase in population in the areas. The situation was further worsen ed by the fact that foreigners were also entering the country in large numbers to get jobs. These migrations led to the overpopulation of the urban centers. Overpopulation led to overcrowding which resulted in a strain on the social amenities, as the services were not enough for the large population. This also resulted in an increase in the crime rate as certain people opted for unacceptable methods of getting income.Advertising We will write a custom research paper sample on The New Deal and Social Welfare Policy specifically for you for only $16.05 $11/page Learn More Some companies took advantage of this situation and employed underage children at a very low wage to save money. Housing also became a problem, as the houses available could not hold the large population. This led to homelessness as many citizens could not afford homes and the rent was unaffordable to them. There was a big problem when it came to social welfare services. Non-profit organizat ions that volunteered and the local government did the provision of social welfare services. This minimized welfare, and in most cases, it was discriminatory. African Americans were given almost no welfare assistance benefits (Barrow, 2007). The system at this time was also corrupt as most welfare money was misused and unaccounted for (Jansson, 2012). New Deal Programs There was the Emergency Banking Act. This was established immediately after President Roosevelt took over presidency. FDR issued an order for the closure of all the banks in the country. Congress had passed the emergency Banking Act that authorized the government to assess all the banks in terms of their sustainability. This policy was meant to ensure that all the banks that were operating were legit and well managed. During the great depression, many banks had closed due to poor management and this greatly affected the economy and citizens (Jansson, 2012). The implementation of this program was to ensure that such a scenario would not happen again. The formation of the FDIC ââ¬â the Federal Deposit Insurance Corporation was implemented to insure bank credits worth 5000 US dollars. This greatly boosted the banking sector. It reassured the citizens that banks were safe and in case of any complications, compensation was guaranteed. Good banks were then re-allowed to reopen and in a very limited time span, the citizens re-deposited their money in the banks (Venn, 1998).Advertising Looking for research paper on history? Let's see if we can help you! Get your first paper with 15% OFF Learn More The Social Security Act was another program in the New Deal package. It aimed to give welfare services and benefits to those who needed assistance. It was established after a careful scrutiny of the problems the citizens were experiencing and how the government would chip in to support them. It included the provision of pensions after a citizen was no longer employed. This was to ensure that the retiree could still be getting some money to help them through their problems. It also included benefits for survivors of industrial accidents; there was unemployment insurance, aid for mothers who were dependant and their siblings. It also catered for the physically challenged (Jansson, 2012). This Act assured the citizens of peace of mind in case these unexpected and unavoidable circumstances happened. This policy was very effective as it responded to the problems of the disadvantaged groups in the society and in turn offered millions of citizensââ¬â¢ security. This Act has had a huge i mpact on the current welfare policy as the current policy has adopted most of this principles and ideologies into its system. Most if not all of these policies may be currently adopted into the current welfare policy. The only difference is that they have been re-modified to fit the current conditions. A number of organizations were also set up to help in the implementation of the New Deal. An example of one of the organizations is the Home Owners Loan Corporation (HOLC). HOLC was set up to deal with the issue of home ownership. Many people were experiencing this common problem because of unemployment. This made many people appear unable to afford homes and eventually led them to lose their jobs. This organization was formed to prevent specifically people from losing their jobs. It did this by refinancing mortgages of average paid citizens who owned homes. This was helpful in the regulation of home repossessions (Jansson, 2012). Another organization that was set up was the Federal E mergency Relief Administration (FERA). Harry Hopkins managed this. The agency funded depleting relief agencies. It gave out five million dollars in two hours. This program also funded public work programs. The main reason this program was set up was so that it could help in sustaining the other relief programs that were experiencing financial difficulties. Getting finances was a major problem during this time as not many groups were willing to fund these agencies. Relief agencies aided a lot as they helped the people significantly, especially the needy. These organizations have had a huge impact on the current social welfare policy. From their establishment the government still gives home financial aid to the citizens who are not in a position to finance their home mortgages, it also funds banks and in turn influences the low cost of mortgages. The government also makes an initiative to fund relief agencies when they experience problems. Conclusion The New Deal marked a significant turning point in American history. Its adaptation resulted in the pull of America from a hard financial time. Before the implementation and enactment of the New Deal, the country was going through a number of social and economic conditions that were not favorable to the citizens. These conditions were the great depression, unemployment, rural to urban migration, overcrowding, crime etc. The main reason that led to the need for reforms through the New Deal was the great depression. This caused many problems in the country (Venn, 1998). Its implementation was dependent on a number of programs. These programs were focused on key aspects that were affecting the people. Three important programs that were incorporated in this plan was the Emergency Banking Act, which was aided by the formation of the Federal deposit insurance corporation (FDIC). The second program was the Social Security Act. Some organizations were also set up as programs this included the Home Owners Loan Corporation an d Federal Emergency Relief Administration (FERA). These programs have also influenced and affected the current social welfare policy. The current social welfare policy has been created based on the ideologies and aspects dwelt on at that time. The basic ideas remain the same, but the only difference is in the addition of more policies and the restructure of the old ones, to fit the current social and economic conditions. References Barrow, F.H. (2007). Forrester Blanchard Washington and his advocacy for African Americans in the new deal. Social Work, 25(4), 201-208 Jansson, B. S. (2012). The reluctant welfare state. Belmont, CA: Wadsworth. Shlaes, A. (2007). The forgotten man: A new history of the great depression. New York: HarperCollins Publishers. Venn, F. (1998)The new deal, Edinburgh, England: Edinburgh University Press.
Saturday, November 23, 2019
Should You Include a Summary on Your Resume
Should You Include a Summary on Your Resume Gone are the old days of the ââ¬Å"Objectiveâ⬠paragraph at the top of a resume. Everywhere you look, job gurus are insisting that the ââ¬Å"Summaryâ⬠statement is the next new thing. Does that mean we should all run out and add one to our resumes? Not exactly. In some cases, itââ¬â¢s just a matter of fashion. Style, not substance. In those cases, itââ¬â¢s best to resist the trend and stick with the traditional. Hereââ¬â¢s a primer for determining whether or not you need a summary statement- and, more importantly, whether one could help or hurt you.Ask Yourself: Where are you now?Figure out what you would feature in the summary. Just a distilled repetition of information you already have in the body of your resume? Are you just taking up valuable real estate on the page to repeat yourself?If you have a wealth of seemingly disparate experiences that require a bit of context to tie together- i.e. you want to feature a particular core set of skills to unify your job history, or you have multiple years of experience and would like to highlight the arc of your work journey (aka, your brand)- then it can be an incredibly useful tool.Ask Yourself: Where do you want to be?Do the requisite soul searching to figure out what you really want in your next position. What kind of job are you after? What skills do you enjoy utilizing the most? What accomplishments highlight those skills best? What are you passionate about? Once you answer these questions, youââ¬â¢ll be much better prepared to highlight the skills and special information that would make you more appealing to hiring managers in that area.Ask Yourself: Where is your industry?Do a bit of legwork to figure out what your ideal industry is after. What skills will matter most to hiring managers in your field? Are these skills you have, but perhaps arenââ¬â¢t clear enough in your work history?Wield your summary to show HR you have what they need most. Consider what your biggest selling points might be and focus on those. Show how uniquely equipped you are to tackle their biggest issues and address their biggest needs. Show you care about their core concerns.Craft your statement.Be concise. You have limited space and you really donââ¬â¢t want to just regurgitate the bullet points in your resume. Try not to repeat anything that follows in the Summary. Instead, focus on providing valuable context, narrative-shaping, and synthesis that will hopefully prove to be game-changing. Use this space to show your potential employer what you have to offer, but make sure to target and match that with what theyââ¬â¢re looking for and need the most.
Thursday, November 21, 2019
4Firm Concentration Ratio Essay Example | Topics and Well Written Essays - 500 words
4Firm Concentration Ratio - Essay Example The reason is that the demand curve is higher than the average total cost curve. However, in the long run following this change in the demand, many firms will be attracted to the industry to capture the economic profit since there is free entry and exit and this causes the economic profit to disappear. The adjust process implies that the industry will continue to maintain the 30% CR because those who look for the economic profit have gone. Monopolistic competition operates only at a normal profit in the long run; therefore the industry will maintain monopolistic competition. Suppose the industry has 20 firms but the CR for the industry is 80% instead of 30%, this means that the largest four firms are controlling 80% of the total market sales. This type of industry is called oligopoly. In oligopoly, each of the oligopolies faces a downward sloping demand curve, decisions of one firm influence the decision of another and as such they watch each other keenly. Oligopolies do not change prices occasioned by minor adjustments in prices of raw materials, they only change when there are major changes in the general cost of production. In the long run prices do change. c) Products: products play important role in determining CR of an industry.
Tuesday, November 19, 2019
Chapter 9 & 10 Assignment Example | Topics and Well Written Essays - 1500 words
Chapter 9 & 10 - Assignment Example Question # 2: P&G has now realized the importance of the social media and already shifted its advertisement budget towards social media. The company needs to increase its budget for social media such as face book, twitter as this media has great influence in the mind of people. P&G should also involve in social causes to attach customers emotionally towards it and to build strong brand images. For that purpose, It can offer scholarships to needy and meritorious people, and help needy people. Question # 3: The world is facing economical crises and the buying power of the consumer is reducing which can be worst in future. This is a significant situation which might affect P&G badly. Moreover, the R&D and marketing cost of P&G is increasing with the passage of time which can be problematic for the company as the world is now searching new techniques to reduce cost. In addition to that, increasing competition in FMCG industry is also the major risk which P&G can face in the future. Case 2: McDonaldââ¬â¢s Question # 2: The core brand value of McDonald is its high quality food for customers with speed and convenience. Initially, McDonald was offering quality Hamburger but it expanded its menu with other dishes like Happy Meal, Big Mac, Egg, McMuffin etc. The company started expanding its business domestically as well as internationally due to its premium quality of food. However during 1990s company lost its direction i.e. high premium food. It focused to further expand its network of restaurants. It was not focusing to train employees properly and thus customer faced poor services and started losing the interest from the company. The company realized this situation and refocused its 5Ps and adopted the policy to offer different dishes for different region according to their culture and environment. Through this plan McDonald refocused on food and service quality. It also started offering healthy food due to the increasing concern of customers regarding obesity. I t also included ice-cream and coffee in its menu. Question # 2: McDonald should not change its strategy because the strategy worked well for it. It has refocused on its core values which it lost and had negative response from consumers. Therefore it will be a great risk for McDonald to change its strategies. McDonald has expanded its menu and added great varieties in it. Though its core product was Hamburger but it included new food to attract new segments of the market. Moreover, they have included healthier food in the menu and offer to health conscious people at a premium price. The strategy to offer different food for different markets according to their culture and environment has also worked in favor of McDonald. In addition to that, $1 menu was also the marvelous strategy of McDonald which targeted lower income people and teenagers. Question # 3: McDonalds might face several risks in the future. It is a multinational company which can face treasury risk due to the variation i n US Dollars against major currencies. Global instability in the economical crises might also affect McDonaldââ¬â¢s business. Another greater risk that it might face is the entrance of new players in the market. The living standard of the people is increasing and they are going to more delicious and quality food. Therefore, the
Sunday, November 17, 2019
The Elements of Drama Essay Example for Free
The Elements of Drama Essay I am now going to talk about our piece of drama. We have being studying the topic anorexia for a couple of weeks now. In this piece of drama we have looked at and developed ideas and done some study about Nervous Conditions. In this extract a teenage girl has been living in England for a good amount of time and when she comes back to Africa she is finding it very difficult to adapt back to the life she had back in England. We decided to develop some of ideas based on the fact that we are working with people in Africa now. So the idea we have done is when the girl has come back to Africa and wont eat anything. She is becoming anorexic because in England the people eat and dieted differently. So when she returns back to Africa she has developed this idea that she cant eat anything because she is putting on too much weight. As she has this idea stuck in her head, it begins to affect the rest of the family by making the father very angry at her mood swings and this leads into a massive argument. In our development we used the storyline from our booklet and developed it much more. We started by using the storyline that Nyasha (Lily) comes home and wont eat any food and begins to lie about what she dies with her lunch money. It all starts to kick off when the family is sitting down and enjoying their dinners and Nyasha (Lily) comes into the room. The father (me) asks her to eat her dinner because she just sites there and acts as though she doesnt care. So the father (me) has a little go at her and her mother (Polly) tries to defend her. Then the brother (Umar) starts to back up his father by saying that she never eats at lunch. We done this so it shows that the brother and sister have not had such a decent relationship because he always tries to get his sister in trouble. We tried to make this piece as realistic as possible by showing the everyday relationship that some families have to put up with. Then this argument over Nyasha (Lily) not eating starts to carry on to our nex t scene. The next scene is when the mother (Polly) is cleaning up the dishes and has a little thought about what is going on with her daughter and hopes that she will pull her act together. Then we switched straight away to the father (me) in bed and has his own little thought about how angry he is with the whole situation and approaches the incident with a different matter. He decides to show no sympathy (unlike the mother (Polly)) and come down hard on his daughter. I think this is very well followed through and it is realistic how we put the scenes together. Then our next scene follows through to the next morning when the children are about to leave for school. Nyasha (Lily) refuses to have breakfast and decides to act hardcore by bringing in that English attitude by giving cheek back to her father (me). He is having none of this and decides to lay the line down. There is then a massive argument about how Nyasha (Lily) should respect her father (Me). We made this very realistic and tried to make it as violent as we possible could to show our audience that people have to put up with this in real life, not just in theater. So Nyasha decides to take her breakfast and eat it on the way to school. We show a different way of how our story is told because we tell it as we go along. We dont have a narrator because it would be to complicate so we made it easy to follow for our audience. We used monologues to show what our characters are thinking about. This gives a great deal of information to what will happen next. I.e. when the father is having is monologue about how he is going to approach the not eating situation showed it to the audience as to what he was going to do.
Thursday, November 14, 2019
Education In The Media A Look At October Sky :: essays research papers
"How about I believe in the unlucky ones? If I don't I'd probably go crazy."(Laura Dern, October Sky) This could arguably be the most important line in the entire movie, in my opinion. This teacher recognizes the potential in every student, not only the ones with visible ability. This, I would hope, would be the goal of every teacher. Teachers have the greatest gift in the world - - the ability to help shape a student's life. Recognized and appreciated he or she can use that to present a world of opportunities to those who may not have had any. This was true in "October Sky"; the "Rocket Boys" were from a small failing mining community, where little expectations were placed on them and even less opportunities were available. When Dern's character was accused of giving the boys false hopes she held her grounds and continued to support the boys. This to me is an example of a great teacher, one who will continue to do what he or she thinks is right regardless of whether it earns her the disapproval of the rest of the staff. The movie "October Sky" gives a very positive representation of a teacher. She is a role model, a friend, a source of information, a defender, and a fighter. She is portrayed as compassionate, understanding, and very beneficial in keeping the students directed toward their goals. This would seem to say that teachers need these qualities in order to fully relate to their students. A teacher can not only be there for informational needs, but must also stand behind her students and be prepared to defend their rights to discover themselves. Education In The Media A Look At October Sky :: essays research papers "How about I believe in the unlucky ones? If I don't I'd probably go crazy."(Laura Dern, October Sky) This could arguably be the most important line in the entire movie, in my opinion. This teacher recognizes the potential in every student, not only the ones with visible ability. This, I would hope, would be the goal of every teacher. Teachers have the greatest gift in the world - - the ability to help shape a student's life. Recognized and appreciated he or she can use that to present a world of opportunities to those who may not have had any. This was true in "October Sky"; the "Rocket Boys" were from a small failing mining community, where little expectations were placed on them and even less opportunities were available. When Dern's character was accused of giving the boys false hopes she held her grounds and continued to support the boys. This to me is an example of a great teacher, one who will continue to do what he or she thinks is right regardless of whether it earns her the disapproval of the rest of the staff. The movie "October Sky" gives a very positive representation of a teacher. She is a role model, a friend, a source of information, a defender, and a fighter. She is portrayed as compassionate, understanding, and very beneficial in keeping the students directed toward their goals. This would seem to say that teachers need these qualities in order to fully relate to their students. A teacher can not only be there for informational needs, but must also stand behind her students and be prepared to defend their rights to discover themselves.
Tuesday, November 12, 2019
A Case of Buddhism
Buddhism continues to exert a fundamental influence on the cultures of the world and also play a leading role in the contemporary affairs of the world. This paper draws on the understanding that the humanistic aspect of world encompasses problems that are said to be evil from the religious perspective and the fundamental objective of the religion amid these human problems is to provide solutions in relation to the absolute. As such, a manifold of worldly problems today; economic justice, insecurity and peace, human rights and protection of the environment call for the universal corporation of the human as well as religion in solving them.Towards obtaining solutions for these human problems, Buddhism as a religion build on their belief system to establish helpful ideas that touch on and are related to the absolute. Essentially, the relevant sphere of action focus on the pedestal of humans understanding that the world poses characteristics of humanity and in a collective sense, individ ual Buddhists as human beings face these problems within the nature as the physical environment.With this principle in focus, Buddhism effort to solve the problems for human by drawing from the divine provision and agency between the supernatural realms, the human beings as well as the natural environment that humans operate in. Introduction The central idea behind the problems in the world encompass the larger perspective of humanism and towards solving the resultant problems, Buddhism focuses on the stipulated divine agencies.Considered to be on of the world major religion, Buddhism adheres to religious tenets that typify it as a religion in addressing concerns that rise in the physical world. In so doing, Buddhism understands that a universal humanitarianism is an essential component towards solving global problems. As such, compassion is regarded among the pillars of world peace. Accordingly, Buddhism draws on its several doctrines and belief system to embrace the concept of abs olute set of values which in the very least serve as guiding absolute ethical principles.In addition, the position of the life after death, which is a post mortem kind of existence guides how Buddhism as a religion helps its members to understand the numerous human problem and strike a balance in approaching the very problems in a bid to solve them As a result, the question of evil is highly addressed in the attempt to understand the many human problems where the future of Buddhist in life after here contends the approach used in solving the human problems. Historical Overview of Buddhism The history of Buddhism spans the 5th century BCE to the present 21st century.Obviously, the birth of Gautama Siddhartha, famously referred to as Buddha, in Ancient India marked the beginning of Buddhism because, he grew up to evolve Buddhism into a religion that spread through central, Southern and East Asia. Warren (2007) asserts that the history of Buddhism is typified by the development of seve ral schism and religious movements such as Mahayana, Thervada and Vajravana traditions. Buddha founded Buddhism after asceticism and meditation which sparked him to establish a path of moderation that sought to move away from the extreme modes of life of self mortification and self indulgence.Scholars argue that after Buddha attained divine enlightenment when he was seated under the papal tree, he managed to leverage the ruler of the Magadha who was an emperor and made him accept Buddhism as his personal faith. This incidence allowed for the establishment of the numerous Buddhist Viharas that later spread through the entire Asia into well established Buddhism (Herman, 2003). Before his death, Buddha instructed his followers to embrace the doctrine and teachings of Dharma in order to avoid the problem of this world and attain supremacy in life after death.These instructions from Gautama laid the foundation for the absolute ethical and divine principle, that prescribes the present rul es of discipline and community living that characterizes Buddhism (Warren, 2007). On these tenets, Buddhism developed into a worldââ¬â¢s religion that took great pains in addressing the problems of humans through transmitting the teachings of Buddha in the most accurate form. Koslowski (2001) agrees that the Buddhist follow the ideas and practices of Buddha; a concept that has developed from early Buddhism to the present Buddhism.Bearing in mind that the first followers of Buddha were as homeless as their teacher, they wandered all over receiving material gifts of food from lay people and ended up settling in the outskirts of cities and town to mainly teach the laity about the meditative way of life that Buddha taught. Accordingly, it becomes evident that the Buddhist community has for so many years regarded the teachings of Gautama as the enlightened teachings that should be used to seek divine intervention.Alexander (2008) outlines that the basic teachings of Buddha touched on the animate and inanimate phenomena that poses three features of being unsatisfactory, impermanent and lacking an abiding value. In light of this, these characteristics have been applied to the human sphere to evoke the picture of sufferings (dukkha), ageing and death (jar-maraa) as well as the absence of the soul (anatt) to illuminate the rationale for human problems and the hitherto solution that attribute to the absolute (Diederik, 1999).Problems for Humans in the World and the Solutions of Regarding the Absolute Realm To understand the problem of human within the context of Buddhism leads us to understanding the relation that exist between Buddhism and Humanism. According to Keown (2000), it is definite that humanism opposes the religious tenets of Buddhism and the important point in focus arises in light of understanding the way religion interprets problems that humans face in the world.Incorporated in the self infused belief systems of dharma, Buddhism holds on the concept of law and norm as opposed to the western religion that upholds the concept of God. In this contradictory framework, the contemporary society faces similar problems and Buddhism stick to the natural laws of compassion to address these universal problems. Minnich (2008) postulates that problems originating for the social, political, economic, cultural and technological paradigms, can succinctly be solved through a concise framework of values and beliefs which are considered absolute.With regard to this, these values invoke the supernatural forces in a more concise ways because they involve ethical rule that do not attract rational inquiry or rather are they completely relativistic. To illustrate, members of the Buddhism community employ moral approaches towards solving their problems in a criterion that is considered as more satisfying because, viewed from a cultural and ethical perspective, the Buddhist understand the role of applied ethics as an obligation that can help them to execut e the good for both the individual and the larger society(Warren, 2007).To reinforce this argument, the solutions to the human problems in the absolute sense the question of hereafter is well catered for and Buddhists are obligated to do good for the society and individuals so that they may be reborn in order to attain a state of holiness or purity. These supernatural elements make Buddhism to ignore the concept of God but still satisfy the condition of absolute thus addressing the contemporary problems of humans (Freeman, 2007). It is plausible to argue that the major problem of humans within the perspective of Buddhism is the nature of being evil which comes through the process of constant becoming.Pandey (2008) postulates that evil forms a perpetuation of illusions by aspects of humanity and doing what is unethical. As such, many humans face a manifold of problems due to their ignorance in perceiving that the devoid of self, is impermanent and thus leading to constant sufferings. Whether this is manifested through lack of peace, constant warfare, negative effects of technology on value systems and environmental challenge, it is imperative to note that the problems narrows down to what is inarguably referred to as ignorance in perceiving life through the three characteristics of importance, suffering and self indulgence.Essentially, the summation of these factor focus on suffering to be problem of human in the world and as Buddha proclaimed, life that exist in evil yields constant sufferings (Fasching, 2008). According to Warren (2007), the noble truth of suffering encompass the holistic life such that aspects of birth, sickness, aging death, sorrow, despair, associating with what is evil all amounts to problems of suffering which characteristically borders the angle of evil and lack of moral tenets as manifested in current worldly problems.Keown (2000) further agues that the defilement of the mind unquestionably combine with aspects of life to yield sufferi ng and within the angles of absolute solutions, Buddhism seeks to alleviate sufferings and enhance a value system that will not only reduce the instances of humans suffering but also being rewarded by rebirth. Significantly, problems such as greed (raga), aversion (dvesha) and ignorance (avidya) are all products of defiled mind.In addition, they are products of human desire to experience existence at a personal level and as selfishness and egoism is an illusory effect of desires and defiled minds, selfish human perpetuate the desire for personal existence and benefits; a actor that lead to constant suffering. Buddhism attempts to solve this fundamental problem by enforcing moral, ethical and value systems enshrined in the teachings and beliefs of the Buddha (Warren, 2007). Evaluation of Buddhism All the factors of our lives subsist in a complex of human mutual causality.As a conscience, our problems, succinctly perceived by the Buddhists as sufferings, are favored by the interplay o f delusion, aversion and perpetual craving that come up due to the lack of poor understanding of roles in the society (Warren, 2007). In essence, humans create a self bondage through forms of reifying as well as holding onto what is naturally transient and contingent. In light of this , Pandey (2008) primarily describes that the problems of human are endemic and so is suffering but the role of religion is to provide a platform that addresses the problems through a situation of eternal rewards that come after death.Essentially, although sufferings is endless, it can be stopped or rather reduced and towards achieving this solutions, Buddhism emphasis on the need to see the true nature as a phenomenon, which radically forms the human interdependence. Solutions packed for the human problems in the world can be achieved if human cleanse their perception through meditation and maintain purity of conscience through an acceptable moral conduct (Warren, 2007).This intuitive approach limits i ts practicality to the absoluteness of values and beliefs which yields a concrete interconnectedness of all things in life and irrespective of the problem or the nature of the problem, the doctrines of Buddhism offers clear ways of understanding deep complicated platform of various social economic, cultural, political and technological links that connects with the life of the human being and others. As a result, the reciprocities of thought and action as well as universe and self direct the individual to uphold meditation, correct moral conduct and purity of conscience (Diederik, 1999).Moreover, it invokes criticism that as the world and life correlate to the aspects of human consciousness and mentality and this distinctive feature attracts many humans to be endowed with the capacity to choose their destiny. Warren (2007) argues that it is on this conceptualization that human life is considered as a privilege that comes with no price and the practices of Buddhism emphasizes on medit ation which gives the individual an opportunity to understand his human existence and seize the opportunity to uphold the value system and make the society a better place for all.Significantly, the vision of Dharma enhances the fact the humans in the world can be always alive with consciousness, thus providing an inspiration that is powerful for the healing of lives in the world. In the arising world with numerous problems, the Buddhist system of belief helps humans to see important aspects of life such as the deep interconnectedness in the web of life as well as the distinctiveness of human beings together with the ability to choose.In light of this, it becomes clear that this approach of life and religious practice facilitates a process where human beings are relived of their human loneliness and arrogance (Warren, 2007). Conclusion From the forgoing discussion, it is evident that Buddhism continues to exert a fundamental influence on the cultures of the world and also play a lead ing role in the contemporary affairs of the world. A manifold of worldly problems today; economic justice, insecurity and peace, human rights and protection of the environment call for the universal corporation of the human as well as religion in solving them.Towards obtaining solutions for these human problems, Buddhism as a religion build on their theory and perspective to establish helpful ideas that touch on and are related to the absolute. The central idea behind the problem s in the world encompass the larger perspective of humanism and towards solving the resultant problems, Buddhism focuses on the stipulated divine agencies. Considered to be on of the world major religion, Buddhism adheres to religious tenets that typify it as a religion in addressing concerns that rise in the physical world.Evil forms a perpetuation of illusions by aspects of humanity and dong what is unethically not accepted. As such, many humans face a manifold of problems due to their ignorance in percei ving that the devoid of self, is impermanent and thus leading to constant sufferings. Buddhism seeks to alleviate sufferings and enhance a value system that will not only reduce the instance of humans suffering but also being rewarded by a rebirth. Reference Alexander, J (2008). Responding to Religious Absolutism. London: Routledge Diederik, V (1999). World Views and The Problem of Synthesis. Cambridge: CUP Fasching, D (2001). Comparative Religious Ethics.London: Blackwell Books Freeman, R (2007). The Search for Absolute Values in the Changing World: A Perspective of Buddhism. Oxford: OUP Herman, C (2003). Participatory Learning and Religious Education in Globalizing Society. London: Brill Press Keown, D (2000). Contemporary Buddhist Ethics. London: Routledge Koslowski, P (2001). Overcoming and Understanding Evil and Suffering in the World. New York: Springer Books Minnich, V (2008). Investigation of Self Human Environment. Texas: Global Books Pandey, C (2008). Ecological Perspectiv es in Buddhism. New York: Readworthy Press Warren, M (2007). Worlds Religion. Belmont CA: Wordsworth
Sunday, November 10, 2019
Dr. Linda
ââ¬Å"Your food is your grave,â⬠said the famous writer Bernard Shaw. What you eat is not important. How you eat, what you eat is important! Human being is a complex, integrated mechanism of body, mind and spirit. You need to maintain them at the levels required. A fault related to any one of the three, disturbs the balance of the body as a whole. Careful maintenance as per proper procedures is required. You are careful about the external cleanliness. You brush your teeth; wash your body, oil your hairââ¬âbut that is not the authentic maintenance. Your body needs to be free from internal impurities. This is done through the process of detoxification. The modern materialist civilization, the industrial and internet revolutions have changed the lifestyles of human beings in more than one ways. They are subdued by relentless internal as well as external pressures. New diseases, the names of which were unheard in the recent past, are cropping up. The book ââ¬ËDetoxificationââ¬â¢ by Linda R. Page provides solid answers and satisfactory for your health-related problemsââ¬â How to remain healthy, without succumbing to suppressive medicines and by cultivating nature-friendly attitudes! An herbalist needs to know, and this is a golden rule, that the nature provides appropriate fruits and vegetables at the appropriate season. Dr. Linda expounds the same principles in her book. à Nature doesnââ¬â¢t commit a mistake but we often do. Fruits and vegetables are the mediated capsules provided by nature in colorful packaging. The process of detoxification ipso facto means to possess thorough knowledge and understanding about this natural wealth. Next, the herbs assist you in the process of detoxification. Dr. Linda gives thorough and scientific details about the detoxification process related to various parts of the body, by using fruits, vegetables and herbs. Dietary plans play a vital role in recouping the original health from the attack of any ailment. Strict vegetarian diet is recommended, one week before you begin the detoxification procedure, advises Dr. Linda. Dr. Linda has the three-pronged approach, which is invaluable from the point of view of a practicing herbalist. Firstly, she has provided comprehensive information required to create safe and individualized detoxification program. Secondly, detailed instructions are given for cleansing and detoxification. Thirdly, she explains what a good cleanse means and how to direct the cleaning process for best results. Cleansing is an ongoing activity. It is estimated that about twenty-five thousand new toxins enter the environment every year. Therefore, your commitment to your body is not a favor that you are doing to itââ¬âit is your bounden duty for your own good and for the happiness of others, so that they will not have an opportunity to tend your sick body! According to Dr.Linda, ââ¬Å"a detox program aims to remove the cause of diseases before it makes us ill. Itââ¬â¢s a time-honored way to keep immune response high, elimination regular, circulation sound, and stress under control, so that your body can handle the toxicity it encounters. In the past, detoxification was used either clinically for recovering alcoholics and drug addicts, or individually as a once-a-ear mild ââ¬Å"spring cleaningâ⬠for general health maintenance. Today, regular detoxes program, two or three times a year, makes a big difference not only for health, but for the quality of our lives.â⬠(Page, 1999, p.14) From the point of view of an herbalist, this book contains most of the information and facts such as step by step instructions to guide through detox programs detox charts for special needs, information about ââ¬Å"Green Cuisineâ⬠, herbs glossary of detox terms etc. Something dramatic and divine happened about Dr. Linda Page opting to become an herbalist.à She was interned in a hospital with a life-threatening disease, which the allopathic medicines failed to cure. She utilized this opportunity to make intensive study of the herbs, their merits and began to self-treat her with great success. She saved her own life and with the acquired knowledge, she is set on the task to save the lives of others. If an area is infested with mosquitoes, there are two ways of meeting the situation. Spray the insecticide and get rid of the mosquitoes. Or remove the filth, to contain mosquito breeding once for all. The second option finds favor with those who believe in natural remedies. Detoxification, to define its correct meaning, is nothing but all-out purification of body, mind and soul. Dr Linda begins her book on a moral and spiritual note and that is the correct and great approach. She writes, ââ¬Å"Today is a very important dayâ⬠¦.use it for the best that is in you, so that you will never regret the price you have paid for this day.â⬠References Cited: Page, Linda R: Book: Detoxification ââ¬â All you need to know to recharge, renew and rejuvenate your body, mind and spirit! (Paperback) 264 pages, Publisher: Healthy Healing Publications (January 15, 1999) Language: English ISBN-10: 1884334547 ISBN-13: 978-1884334542 à à à Ã
Thursday, November 7, 2019
BEOWULF AS AN EPIC HERO Essays - Beowulf, Geats, Free Essays
BEOWULF AS AN EPIC HERO Essays - Beowulf, Geats, Free Essays BEOWULF AS AN EPIC HERO In reading the epic poem of Beowulf, the main character, Beowulf, has the characteristics of an epic hero by showing skill and courage, enduring fame, and royal responsibility . In the epic poem of Beowulf, Beowulf shows extraordinary and almost superficial skill and courage at the Slaying of Grendel, the Troll-Wife, and the Dragon. Due to the courageous slaying of the unwanted creatures Beowulf also becomes accustomed to the idea of enduring fame. Beowulf also must accept the concept of protecting his people as a royal responsibility. The epic poem begins with the slaying of Grendel. In the slaying of the abnormally large creature Beowulf shows portentous skills and courage. Beowulf's shows extraordinary skill and courage; which is an example of an epic hero. In the poem of Beowulf, Beowulf shows courage and skill by slaying Grendel without the use of a shield or sword. The reason why Beowulf decides to kill Grendel with out the use of any armor is because Beowulf feels that he should have no advantages over Grendel. By conquering Grendel without any armor Beowulf proves to the people that he truly is courageous and skillful. The following paragraph shows the reader just how courageous he really is "I count myself weaker in war or grapple of battle than Grendel himself. Therefore i scorn to slay him with sword, Deal deadly wound, as i well might do-nothing he knows of a noble fighting, Of thrusting and hewing and hacking of shield" (L 507-513) Beowulf also shows skill and courage when he defeats the Troll Wife. (The mother of Grendel) After the killing of many Thanes in the Mead Hall Beowulf is able to kill The Troll Wife with the use of the Hrunting. He defeats The Troll Wife with a thrust at the throat, which broke through the bone rings of The Troll Wife. Once again Grendel exemplifies the characteristics of an epic hero. Beowulf also shows skill and courage in the killing of the Dragon. In the slaying of the Dragon, Beowulf was willing to sacrifice his life so that the gruesome Dragon would be killed. Due to Beowulf's extraordinary skill and courage Beowulf shows royal responsibility. Beowulf shows another characteristic of an epic hero by carrying out his royal responsibilities. When the kingdom is given to him to govern Beowulf realizes that it is his duty to govern and protect his people, for it is his royal responsibility. Even though he has aged when the dragon comes about, he has to protect his people for it is now a duty that he must subject to. In the following passage from Beowulf, Beowulf explains why he must carry out his royal responsibility " I remember it all... for all such gifts that Hygelac gave me I repaid him in battle with shining sword, as chance was given. He granted me land, A gracious dwelling and goodly estate. I was always before him alone in wan. While the sword holds out that has served me well. With hand and hard blade, i must fight for the treasure" (L 567-572) Although Beowulf is fragile and old when the Dragon comes about Beowulf realizes that he has repay his people by killing the Dragon. Beowulf feels that he was given so much from his people and the killing of the dragon is his royal responsibility. The killing of Grendel, The Troll wife, and the Dragon, have all been Beowulf's royal responsibility. Beowulf also becomes accustomed to the idea of enduring fame by taking royal responsibility.. Beowulf demonstrates another characteristic of an epic hero through the concept of enduring fame. The characteristic of enduring fame comes about when Beowulf slays Grendel, The Troll, and the Dragon. After the slaying of the Grendel and The Troll Wife Beowulf is regarded as a hero by many Thanes. When Beowulf kills Grendel, Beowulf encounters Heorot where he awards Beowulf with gold, a banner embroided, a byrny and a helm. When having a feast in the honor of Beowulf, Wealtheow proclaims a speech to Beowulf: "Take, dear Beowulf, collar and corselat. Wear these treasures with right good will! Thrive and prosper and prove your might. You have earned the underling honor of heroes. May fate show favor while life shall last! I wish your hearts content" (L 775-780) Beowulf also becomes accustomed to the idea of enduring fame when the land is given to Beowulf to govern. He also receives recognition when he dies. At the end of this
Tuesday, November 5, 2019
What To Do if You Miss Your ACT Test
What To Do if You Miss Your ACT Test Maybe you were sick- you were up all night, feverish and full of aches - so when the morning of your test came around, you just werent up to testing. Or, perhaps you just didnt feel prepared. You hadnt taken the time to study for the ACT, so on the morning of the exam, you decided to miss your ACT test and figure it out later, even though you had already registered. What in the world do you do now? Its pretty simple, really. Youre going to apply for an ACT Test Date Change. ACT Test Date Change Procedures First, go to actstudent.org and log into your account.Once youre in your account, select Make changes to your registration.Follow the prompts to select a new test date, making note of the regular and late registration deadlines.If youre trying to change your test date and its already beyond the late registration period, then youll need to apply for Standby Testing. ACT Test Date Change Cost Although youve already paid the registration fee for the ACT or ACT Plus Writing test, youll have to pay the test date change fee. In addition, youll be charged the regular ACT registration fee for the new date, or, if you register late, the late registration fee as well. ACT Test Date Change Issues If you dont have access to your account for some reason- perhaps youre on a mountaintop with no WIFI- then contact ACT at 319-337-1270 to change your ACT test date. Make sure you have the following information in hand when you call so youre not scrambling down the mountain attempting to quickly locate your moms credit card at base camp: Your name exactly as it appears on the ID you will use when you go to take the testA credit cardYour addressThe test center where youd like to testThe test date on which youd like to test Get Ready for Your Next ACT Test Date Even though you didnt make it to the test center to take the ACT this time around, youll have another chance. Theres still plenty of time to do well on your college admissions exam. If you opted out of taking the ACT because you were unprepared, then take this additional time to prepare and study. There are several ways to get ready for the ACT exam without spending a fortune or months of time. Look into online resources, including sample test questions provided by the ACT.
Sunday, November 3, 2019
Managing Operations and Finance Essay Example | Topics and Well Written Essays - 2500 words
Managing Operations and Finance - Essay Example Moving forward, the paper presents a comparison of the current and last year financial performance of the company through financial statement ratio analysis. The primary reason to conduct a ratio analysis is to quantify the results of the operations of a company and compare them with that of the prior year(s) in order to assess different aspects of the financial feasibility. The ratios are divided into profitability, liquidity and gearing ratios. The paper identifies the areas, through ratio analysis, where the company is performing well and where it needs improvements. In conclusion the paper presents a comparison of the financial and operational performance of Marks and Spencer with one of its primary competitors, Debenhams. Major financial ratios are compared and in addition, historical share prices are also analyzed of both companies in order to identify which company has a better market capitalization and better reputation from investorââ¬â¢s perspective. Operating Performanc e of the Company Marks and Spencer, an internationally recognized name considered analogous for high fashion and trend setting quality. Marks and Spencer is regarded as the premier retailer in the United Kingdom catering more than 21 million customers. Keeping in pace with the globalization, the company is planning to expand its business in other frontiers. As per the audited financial statement of the company for the financial year 2010, the company employees more than 76,000 and has its operations expanded to more than 41 countries in the world. Marks and Spencerââ¬â¢s well established business attracts a great deal of consumer base irrespective of demography. The primary business of the company comprises of selling general merchandise which mainly consists of womenswear, menswear and an expanding kidââ¬â¢s wear. The company, through its resilient and effective marketing tactics, has able to capture market share of around 11.0% by value and 11.2% by volume. Another source fr om where the company earns a great deal of its revenue is through selling food items. Marks and Spencer is the leading provider when it comes to selling fine quality food. The company sells everything from fresh meals to canned food items, highly acclaimed and praised range of wines to other groceries products. The company has improved its shelf availability and has adopted the strategy of renewing its food range. The proactive approach has resulted in an increase of 1.8% in sales revenue from food business. The financial year 2010 proved to be another progressive year for Marks and Spencer. During the current year, Marks and Spencerââ¬â¢s revenue increased by 5.2% during the current year to an impressive ?9.5 billion which has caused the operating profit to increase by 9.8%. The company, following its growth strategy, aspires transform its operation into multi channel business. The company has taken major steps in investing its direct sales business which enhanced the revenue by 27% during the current financial year. In addition, the company is actively following its strategy of refurbishing its stores and giving them a new and improved look. The refurbishment has resulted in an increased storage space and has created a fashionable shopping environment. The following table compares the financial results of Marks and Spencer, for
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