Strategic Business Plan Case Study Example | Topics and Well Written Essays - 3000 words

Strategic Business Plan - Case Study Example Having started in the year 1988, this company started out as a small unit with four tailors and has now gone ahead to become one of the most prestigious names in interior decoration in the state of Orissa. This company employs people locally and can thus capture the local market in a better way through increased motivation within the work space through which employees will come up with better suggestions. Before laying down the formal plan of action, it is necessary to understand the elements that will be involved in the strategy that has been developed later in the paper, from the perspective of the company. This will help us understand the exact application of the theories through the length and breadth of the paper. A major part of Dipti's plan of action must include following a strategy based on gaining competitive advantage as well as achieving sustainable entrepreneurial growth. Let us first examine competitive advantage to see how and where it will fit in with the overall growth and expansion of the Anukul group. We are concerned with the fact that Porter's essentially ahistorical approach cannot provide a full account of either a nation's competitive advantage and corporate strategies or the growth and development of industrial clusters. For this, let us first understand competitive advantage. Competitive advantage is the response o... Opportunities: This company employs people locally and can thus capture the local market in a better way through increased motivation within the work space through which employees will come up with better suggestions. Threats: The company follows a very informal structure within its work culture which might pose a threat in the entrepreneurial control structure. It does not follow a formal structure of performance management. Competitive Advantage and Sustainable Entrepreneurial Growth: Internal and Technological Environment Before laying down the formal plan of action, it is necessary to understand the elements that will be involved in the strategy that has been developed later in the paper, from the perspective of the company. This will help us understand the exact application of the theories through the length and breadth of the paper. A major part of Dipti's plan of action must include following a strategy based on gaining competitive advantage as well as achieving sustainable entrepreneurial growth. Let us first examine competitive advantage to see how and where it will fit in with the overall growth and expansion of the Anukul group. Source: Alan Chapman 2005 We are concerned with the fact that Porter's essentially ahistorical approach cannot provide a full account of either a nation's competitive advantage and corporate strategies or the growth and development of industrial clusters. For this, let us first understand competitive advantage. This has special relevance for the Anukul Group, owing to the following reasons: The company needs to launch a full fledged expansion policy. It needs to zero in on resources which can be procured on easy and regular terms. The company needs to study

Labor low report Essay Example | Topics and Well Written Essays - 1250 words - 1

Labor low report - Essay Example On my first interview, we discussed the job vacancy in greater detail,. and On the other hand, on my second job interview on the 22nd of October, Mr. Sayeed requested that I completeto do a small assignment. This task it’s had to do with the steps involved in employing Saudi nationals and expatriates in Saudi Arabia. I would like to report my findings to you. In this report, I will respond to Mr. Sayeed’s questions and concerns by ing briefly covering some steps, procedures, regulations, and legal issues about employing workers in Saudi Arabia. I will also discuss the costs of social insurance contributions, severance pay, and job contracts for both Saudi nationals and expatriates. Please note that this report is only a brief first draft in orderbrief report to give you an idea about some of the steps, procedures, regulations, and legal issues regarding employmentng in Saudi Arabia. Due to the short preparation time for this report, not to mention the time lost because of business holidays, this report may contain some information that needs updating, changing, or clarifying in more detail. B- If the candidate is found to be qualified and needed for the job, the employer should request the candidate to fill out a form with all their personal information and sign a waiver to his records from three Saudi governmental departments: 3. Saudi Arabian Minatory Agency (SAMA): to find out if the candidate has any financial obligations with any companies or banks. This step is not a necessary one, but is still required on a case-by–case basis. D- The candidate accepts the letter of a job offer by signing it and sending it back to the employer. This step is required in order to give the candidate sufficient time to settle with their old employer. During this period, the new employer has no right to cancel the letter of a job offer that was previously signed by the candidate. E- After the candidate has reached a settlement with his old employer, he

Karl Marx and his Philosophy Coursework Example | Topics and Well Written Essays - 2500 words

Karl Marx and his Philosophy - Coursework Example The observations of Marx and Engels led to their work, which is a critique of capitalism. Karl Marx is the most erudite socialist thinker to emerge in the 19th century. Although he was greatly involved with social, economic and political ideology gained rapid recognition in the socialist movement after his death in 1883. While in Brussels Marx devoted him to an extensive research on the history and elaborated what came to be known as the materialist conception of history He developed in a manuscript (published posthumously as the German Ideology), of which the basic thesis was that "the nature of individuals depends on the material conditions determining their production. Marx pointed out the history of the various modes of production and predicted the abolition of industrial capitalism and its replacement by communism. He devoted himself to the study of political economy in order to determine the causes and conditions of this crisis. Marx discovered the law of development of human history. The simple fact is that mankind must first of all eat, drink, have shelter and clothing, before it can pursue politics, science, art, religion, etc. Therefore, the production of the immediate material means, and consequently, the degree of economic development attained by a given people or during a given epoch. By laying the foundation upon which the state institutions, the legal conceptions, art, and even the ideas on religion, of the people concerned, have been evolved. Karl Marx discovered the special law of motion administering the present-day capitalist mode of production, and the bourgeois society that this mode of production has created. The unearthing of surplus value abruptly threw light on the problem, in trying to solve which all previous investigations, of both bourgeois economists and socialist critics, had been groping in the dark. Marx authentic mission in life was to contribute to the overthrow of capitalist society and of the state institutions, which it had brought into being, to contribute to the liberation of the modern proletariat.

Brand Management of Apple Inc Essay Example | Topics and Well Written Essays - 1000 words

Brand Management of Apple Inc - Essay Example Apple Company has made numerous advertisements in the media with the intention of creating awareness of its product to potential consumers. Advertisements by the company have played a huge role in creating consumer awareness of the product (Mehling 1997). In order for the company to reach that level, it has taken into consideration various marketing strategies. One of them is the use of 3 C’s marketing strategy. The three C’s in marketing refers to the corporation itself, the customers, and the level of competition in the market. A company’s foremost concern is the consumer awareness of the products that the company is dealing with. In customer-based strategies, Apple Company has achieved success through segmentation. Segmentation is done in consideration of the different ways in which customers use the products. Apple Company is the world’s prominent subdivision implementing company. The subdivision strategy applied by the company has led the company acqu iring surprising growth in sales, revenues, profits, and business rankings (Schick 1997). Apple Inc. has applied a vertical market segmentation policy, which involves making a product for each use case. Additionally, the Apple Inc. is able to sell the merchandises at the right price for only the moneymaking market section. Using this policy, the Apple has also been able to ascertain the market section that pays more, for the precise merchandise, which the company offers. Furthermore, nice and easy to use users practice in addition to high-class merchandises, which offer all-in-one amalgamation, symbolizes the Apple’s products. More significantly, the Apple disregards potential consumers who are not willing to pay for their... This paper stresses that the company has also used corporate based strategy to achieve high levels of success. The corporate strategy aims at maximizing the company’s strengths in relation to the level of competition of their products. Apple Company uses selective and sequencing strategy in order to win the competition in the smart phones markets. The company has gained a decisive edge in the development of high quality smartphones, thus, gaining a competitive advantage over its rivals. Moreover, the company operates at a low cost due to outsourcing of both labor and raw materials. Moreover, Apple Company is able to operate at a low cost and gain market leadership. Besides, it is able to produce cheaper than other companies, despite the fact that the company’s products are expensive to meet the expense and retain. Apple Company has also embarked on using competitor-based strategies in order to curb increasing competition. This report makes a conclusion that the company has also benefited greatly by investing in profit and cost structure differences. This has been done by exploiting the source profit difference. Such profits include profits from product sales and profits from services. Moreover, in implementing the 3C’s marketing strategy, the company has also employed tactics for flyweights since the company has invested heavily in mass media advertising. Furthermore, the company has invested in massive research and development efforts that have differentiated the company from other competitors.

Is Money the Factor That Can Improve Society Assignment

Is Money the Factor That Can Improve Society - Assignment Example Muda, Japanese for waste, can come in many forms--all of which either add nothing to the finished product or nothing for which the customer is willing to pay. A few examples follow:   Transportation. Any required transportation of products or parts adds nothing from the customer's perspective. Therefore, it should be minimized or eliminated. It's common for plant redesign or reorganization to be among the first steps in a lean effort.   Overproduction. This occurs when a part or product is manufactured before it's needed--either before a customer has ordered it or before it can begin the next process in the production system. This results in a backlog of material that must be stored, which adds unnecessary expense and inefficiency. A truly lean enterprise isn't dependent upon speculative market forecasting for determining production runs.Work in progress. WIP can be caused by overproduction, poor scheduling or long and uneven cycle times. Lean companies ensure that each manufacturing process takes roughly the same amount of time by adjusting the processes themselves or the resources dedicated to each. Additionally, suppliers must be held accountable for the reliable delivery of their shipments.Also inherent to a lean production system is the idea of continuous improvement. The lean executive recognizes waste in any form as a singular enemy, the fighting of which is his or her primary responsibility. Because every p rocess includes some waste, the elimination of all waste is an unattainable goal. On the other hand, lean optimists recognize that this truth means the benefits of a lean system - if diligently pursued - are inexhaustible, too.

Refrigeration Laboratory Lab Report Example | Topics and Well Written Essays - 2000 words - 1

Refrigeration Laboratory - Lab Report Example Additionally, high water inlet temperatures substantially affect R134a temperature. Consequently, high water inlet temperatures led to rise in intermediate temperatures. In addition to that, optimal temperature is directly proportional to ambient temperature (Neese and Oravetz, 2003). This temperature in turn affects evaporation temperature of cycles that occur at low stages hence inducing the increase of optimal temperature. Result also indicated that there was a correlation between coefficient of performance, water inlet and ambient temperatures. As a result, coefficient of performance deteriorates at high water inlet temperatures and low ambient temperatures and vice versa and it is a common phenomenon in air water heat pump systems (Radermacher and Hwang, 2005). The apparatus had numerous sharp bends with narrow bores that substantially increased pressure of the refrigerant due to viscous friction. Refrigerant usually leave the evaporator chamber below ambient temperatures. This makes it gain temperature from the surrounding to increase superheat. Inadequately insulation at the suction line prevented this from happening (Venkatarathnam, 2008). The motor used to compress refrigerant, from suction pressure to discharge pressure, is not 100% efficient. This experiment opened up so many possibilities of recommendation that can be done to improve the plant and study techniques used. The entire valve at the joint should be fitted to prevent gas from escaping. The inefficient motor should also be replaced with an efficient one so as to save energy. Friction reduction measures are very important. Lubricant and oil should be smeared on the Inner lining of the walls of the suction pipes to reduce friction between the fluids and the walls. Man-made chlorine, especially Chlorofluorocarbons depletes the ozone layer making it permeable to dangerous ultra violet rays reach the earth. It was due this concern that the Montreal Protocol, an

An Analysis of an Aspect of the Role of the Early Year Practitioner Essay

An Analysis of an Aspect of the Role of the Early Year Practitioner - Essay Example Because of the apparent differences between the outdoors and indoors environment, the roles of practitioners in promoting children independence vary in these two distinct learning situations. This paper explores the various roles of the practitioner when young children are learning both in outdoors and indoors in fostering the child’s independence. Wells (2000) argues that developing a confident and independent child involves creating an enabling environment that promotes mental health. Promoting independence in children is a multidisciplinary and social cultural undertaking, intended to achieve the favourable conditions that enhance the wellbeing of the child. This undertaken through various activities that enhance emotional resilience, through activities formulated to encourage self-confidence, and life skills, such interpersonal skills and resilience (Barnes, 2000). In learning institution, promotion of mental health or independence in children is achieved through various a ctivities in both the outdoors and indoors setting. Nicol (2002, p93) defines outdoors environment as â€Å"a place that provides opportunities for a person to interact with the dynamic systems of nature and its elements†. ... Besides interacting with the environmental aspects, outdoors learning provides the children with limitless opportunities of engaging in social interactions with their peers and other members of the community (Kellert, 2005, p96-106). Outdoor environment provides three major types of learning, including environmental, personal and social education (Nicol, 2002, p52). This form of learning is accompanied by physical activities that play critical role in normal development of children and tackling health challenges such as obesity. Therefore exposing children to interact freely with the natural environment provides them with opportunities of engaging productively with nature (AIR, 2005). Higgins (1996) argues that failure to familiarize children to the environment adequately could induce fear of the natural world in them. Outdoors learning involves a wide variety of activities. Therefore, the role of practitioners is mainly restricted to facilitating the activities, using different mult isensory and experiential techniques (Education Scotland, 2008, p83). These approaches promote children’s involvement in various physical, spiritual emotional, aesthetic and cognitive experiences as components of learning. Organising outdoor learning activities requires utmost consideration of the various relationships necessary for optimising the learning experience and ensuring the needs of the children are met. Thus, the practitioner should consider relationship between participants involved, the activities and the place where the outdoor activities take place (Education Scotland, 2008). According to Barnes (2000, p39), children need space and freedom and these necessities underscore the importance of outdoor learning. Space provides