Why Polo Ralph Lauren Expand in Singapore free essay sample

Polo Ralph Lauren is known as a strong brand with a strictly American image. Consumers from around the world know the Polo brand and with the world becoming more and more Americanized there is much opportunity for the company to enter the growing Asian market. Summary The Polo Ralph Lauren brand was started by American entrepreneur Ralph Lauren in 1967. At the time he was working for a company called Beau Brummell Neckwear. Lauren designed an innovative tie that was wider than other ties on the market at the time. He then convinced Beau Brummell Neckwear to sell his ties inside the Empire State Building. The ties sold like crazy which led to the establishment of Polo Ralph Lauren. Lauren named the brand Polo after the popular horse racing sport because the sport represents prestige and elegance in the United States; a sport that only America’s noble and elite can play and afford. We will write a custom essay sample on Why Polo Ralph Lauren Expand in Singapore or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Therefore, Ralph Lauren’s target customers were those who had an above average income. This is a desire and goal that Ralph Lauren was determined to meet with his Polo brand. In 1969 the company opened its first boutique store inside Bloomingdale’s, an Upper East Side New York department store. In 1971, the first stores of Polo Ralph Lauren fashion appeared in Beverly Hills, California. Ten years later Lauren became the first American designer open a shop in London. Cureently, Polo Ralph Lauren has grown to be a well-known brand, not only for tie but also for all fashion items particularly fashion for men. However the brand is not limited to only menswear. Polo also provides childrenswear, womenswear, swimwear, sportswear and even home decor items. Following this paragraph is a brief description of Polo Ralph Lauren’s top selling brands. Polo by Ralph Lauren: provides a complete menswear wardrobe with distribution through Ralph Lauren stores and Department stores. Polo Sport: A line of men’s active sportswear RLX Polo Sport: Complete in the sports apparel market by offering clothing for running, skilling, cycling etc. Polo Golf: This collection of men and women’s golf wear Blue Label: classic women’s weekend wear. Environmental Assessment The environmental analysis of a company allows the company to get a clearer picture of the threats and opportunities in the external environment of the company. From the results, the company can provide suitable strategies to exploit opportunities and eliminate threats. I have broken the business environment of Polo Ralph Lauren into 4 parts. Political and legal, economic, social and cultural, and technological. Political and Legal environment Public policy must always be considered when looking at the business environment. One of the reasons why Singapore was chosen over other Asian countries was because of its government stability. Singapore currently has many policies in place to support foreign business. They provide a stable economy with low interest and banking rates as well as a competitive tax system. Singapore also has no restrictions on foreign exchange management making it more convenient and for foreign investors to transfer capital and profits in and out of Singapore than in some of the other countries in Asia. The Singapore commercial law now contains other pro-business components. Foreign investors are not required to participate in the activities of joint venture or franchising. Singapore government also does not restrict foreign investors to protect their domestic industry for any reason. All of these factors help make company executives and investors alike to grow and develop their company in Singapore. Economic Environment Singapore is seen by most as a well developed country with a dynamic business environment. Business ideas can easily turn into the reality because of the countries flexible business environment, low history of corruption, high financial transparency and price stability. Also, the economy does not receive much interference from the government and it only the legal matters of setting up a business is usually taken care of in as little as 3 days to set up. Since 2002, the tariff has been stable and less than 1% which helps to increase business financing. There are also very few products are taxed in Singapore. According to the 2010 World Bank assessment of business environment, Singapore is considered easiest country in the world to start a business. Singapore also has been labeled the Worlds second most free country by The Heritage Foundation’s Index of Economic Freedom in 2010. Singapore’s stable economy is not highly affected by inflation rates and market fluctuations. This is a key factor Polo Ralph Lauren to succeed in Singapore’s market. Because the country is so developed, consumers are more likely to comfortably purchase a luxury brand item such as Polo Ralph Lauren. Social and Cultural Environment Singapore is located in the middle of South East Asia. Between countries such as Malaysia, Indonesia and Brunei. Singapore is known as a trade center for Southeast Asia, which brings much diversity to the nations culture and social life. Based on the demographics alone, Singapore is filled with the multi- ethnic people and a wide variety of different cultures. Total population in Singapore was over 5 million this year. 7% of the population is Chinese, 14% Malaysian and just over 7% of the population is Indian. The diverse nationalities and cultures of Singapore have a drastic effect on the style and behavior of the people in Singapore. The traditional family values seem to still be in tact but the Western World is definitely having an impact on the country’s youth as it is in most of Asia. The strong western influ ence is what allows for the Polo Ralph Lauren company enter the Asian market and be succesful in the Asian market. American brands are seen as prestigious in Asia and Polo is one of America’s more prestigious brands. It is a must have for American’s so it will become a must have in Asian countries as well. Technological Environment Technology is so important to Polo Ralph Lauren’s success in Singapore. The development of information technology has played a significant role in creating innovative distribution strategies, media strategies, advertising strategies and so on. According to Infocomm Development Authority of Singapore (IDA), Total Internet Users in Singapore is well over three million which means that over three-fourths of the population has internet access. With the internet being so popular in Singapore it is easy for citizens to find product information as well as information about the current fashion trends. Currently about 10% of all Singaporean’s that use the internet use it for purchasing goods. As this number continues to grow more opportunities for companies to develop online catalogs and ordering systems will grow as well. Polo already has a website full of useful product information and also an online ordering system. The website currently operates in over thirty countries including Singapore. Opportunities and Threats Opportunities The Polo Ralph Lauren company has much opportunity to develop in Singapore and other parts of Asia. Economic theory says that the company will see their sales increase as the World’s economy continues to recover and the country of Singapore continues to develop. The rapid growth of the economy spend on shopping has greatly increased the standard of living of many Singaporean citizens and as a result people will spend more money while shopping. Singapore is becoming more and more of a tourist attraction. Many foreigners come from all over the world and while they are there they will shop. The key tourism drivers for Singapore are travel and Mice (meetings, incentives, conventions and exhibitions). In 2011, Singapore’s tourism industry welcomed over 3 million tourist, business, and MICE visitors. This generated revenue of over 6 million dollars. With Polo being such an attractive brand globally, the company can definitely benefit from Singapore’s tourists both business and leisure. Threats Polo Ralph Lauren’s products are marketed customers of middle and high-class. The key players in this market tend to be Tommy Hilfiger, Guess, and Calvin Klein, etc. Competitors have used some tools such as pricing, quality, and design. Because of this, Polo Ralph Lauren has expanded the range of its market. So it faces competition in each price point from discount to luxury. The price of Polo Ralph Lauren products tend to be more expensive than their competitors. For example: The new Lauren line will feature jackets from $230 to $250 and pants from $119 to $139, whereas Calvin Klein will offer pants and skirts at the price of $125. Competitive Analysis of the Industry Harvard Business School professor and author of many well known business strategy books Michael Porter designed what he calls the â€Å"Five forces† to analyze the competitive environment of a business. The five forces he lists are rivalry among existing firms, threat of new entrants, substitute products or services, bargaining power of suppliers and bargaining power of buyers. The stronger each of these forces the more competitive a company is in its industry. Rivalry among existing firms In most industries, corporations are mutually dependent. For a competitive movement of one firm, it can be expected to have a noticeable effect on its competitors and thus may cause retaliation† (Wheelen, 2010, pp159). Growth in the apparel industry will boost competition and help eliminate the weaker competitors. To be able to survive in the market, companies need to continuously improve product quality, keep up with the current trends and adapt to new customer care services. Polo is threatened by competition from Guess and Tommy Hilfiger. For the luxury range designers, Prada, Gucci and Versace are the direct competitors of Ralph Lauren. However, with the power of Ralph Lauren brands, loyal customers and designed in classic American style that allows it to mitigate the threat. Ralph Lauren targets the upper price point range where consumers are light price sensitive, so competition is less fierce. For the Polo Ralph Lauren, the threat of rivalry from competitors is moderate. Polo Ralph Lauren’s Top Competitors Giorgio Armani Calvin Klein Hermes DKNY Lacoste Armani Exchange DKNY Van Heusen DKNY RLX Prada Sport Nike, Reebok, Adidas, etc. Threat of new entrants â€Å"Normally, new entrants to an industry bring to it new capacity, a desire to gain market share and substantial resources. They are, therefore, threats to an established corporation. The threat of entry depends on the presence of entry barrier and the reaction that can be expected from existing competitors† (Wheelen, 2010, pp159). An entry barrier is created to prevent a company to enter an industry. It requires considerable resources to launch market and distribute products in this industry, not to mention a recognizable brand. There are many difficult factors for new entrants such as suppliers, distributor’s channels, product diversification, product differentiation and the ability to negotiate with retailers. Thus, they must spend large amounts of time and money on building brand loyalty and raising customer knowledge. With a strong reputation, the risk for new entrants of Ralph Lauren is considered to be low. Threat of substitute products and services â€Å"A substitute product is a product with some differences but can satisfy the same need as another product† (Wheelen, 2010, pp160). With the numerous brands at different price points ranging from the low end to the high-end black and purple label, the companys products can meet all the needs of customers. It is considered that the threat of substitutes for Polo Ralph Lauren would be low since there are no considerable apparel substitutes that would cause customers to switch to another industry. Bargaining power of suppliers â€Å"Influences of suppliers come from their ability to raise prices or reduce the quality of purchased goods and services† (Wheelen, 2010, pp159). In a diverse market, if the numbers of suppliers is smaller to supply a variety of customers, suppliers will have relative power that can be used to influence price. Supplier’s power in some aspects of this industry is high since a large portion of Ralph Lauren revenue comes from licenses. Therefore, the financial viability and operational ability of licensees are depended on by Polo Ralph Lauren. The same applies to many of Ralph Lauren’s manufacturers in Asia which are affected by the potential of political instability or workers rights violations. Generally, the threat of suppliers is high since major brands compete for manufacturers and switch manufacturers is costly. Bargaining power of buyers The customer is the key factor in the buying process. They decide where to buy the product and the price they want to pay for it. They can choose what to buy and from what company. Therefore, the companies should create value and set a price that the customer is willing to pay Buyers affect an industry through their capacity to reduce the prices, deal for higher quality or more services, and even play competitors against each other. Polo Ralph Lauren’s revenue mainly stems from wholesale that supplies its products through several department stores in the wholesale channel. When the buyers order products, depending on the quantity they could integrate backwards and control this channel of distribution, hence the threat of buyers can be considered moderate. The revenue of retail segment is about 45. 5% of Ralph Laurens total revenue in Fiscal Year 2010 as retail sales grew to $2. 2 billion. Ralph Laurens retail segment runs through the chain of 326 retail and factory outlet stores as well as online stores. The individual buyer has no influence on the price of the products offered. Core Competencies of Polo Ralph Lauren (How) Jay Barney is considered to be the father of the modern Resource- Based View. According to his theory companies can sustain a competitive advantage through heterogeneity of firm- level differences. So in order to maximize returns, companies must change the mode of management selection strategies with the important task of indentifying and developing and deploying key sources. Value: when they enable a firm to conceive or implement strategies that improves its efficiency of effectiveness. It allows the firm to differentiate products or services and create unique value. Polo Ralph Lauren is a strong brand that has been known for many years by many consumers. Companies earned higher profits from their products than other appeal companies because of the loyalty associated with the brand. Customers not only bought products designed good brands but also have products with high quality that are designed based on the classic American style but still very elegant and durable. Polo Ralph Lauren has a variety of products at different price points from popular products to the high- level design. Rare: valuable firm resources possessed by large number of competing firms cannot be sources of either a competitive advantage or a sustainable competitive advantage. Competitors do not have access to the resource. Good quality has created long-term reputation for Ralph Lauren. Polo Ralph Lauren has a very wide range of products but each one has lasted for years, their craftsmanship is very hard to find. The company also has special product lines such as products designed specifically for the Olympic Games or Ralph Lauren Polo handmade woven design silk tie which cannot be found in other companies. Imperfectly inimitable: because of a combination of the following: unique historical conditions, causally ambiguous, social complex. Competitors cannot easily copy or reproduce the resource. Popular branding consultant Scott Davis stated in his book Building the Brand that â€Å"Lauren apparel becomes part of who the customer is by striking a deep emotional chord with that customer. Ralph Lauren’s customers feel good about themselves†. The emotional value aims the brand transcend other brands. Other companies can be able to copy the design of Polo Ralph Lauren products but not the feeling. Currently, the products of Polo Ralph Lauren still remain as one of the industry’s most powerful design and it is favored by the general public. Non- substitutable: There must not be strategically equivalent valuable resources in terms of rareness or imitatibility. Equivalent resources that may allow for a similar strategy are not readily available. Fashion is a part of lifestyle, Polo Ralph Laurens products have created the excitement for consumers through the design and its brand thus these products must reflect the consistency and long-term use. The feelings and experiences are not easily forgotten. The objective of the company is constantly creating a change in style but not losing their uniqueness. The theories listed will definitely aid Polo Ralph Lauren as they continue to expand on the Singapore market. Playing off their image as a uniquely American luxury brand is in their best interest while the world is becoming more Americanized. Works Cited Barney, Jay B. , and Delwyn N. Clark. Resource-based Theory: Creating and Sustaining Competitive Advantage. Oxford: Oxford UP, 2007. Print. Events. Welcome to WorldBank Group. World Bank Group, n. d. Web. 24 Apr. 2013. lt;http://web. worldbank. org/WBSITE/EXTERNAL/COUNTRIES/SOUTHASIAEXT/0,,pagePK:158889~piPK:146815~theSitePK:223547,00. htmlgt;. IDA Infocomm Development Authority of Singapore. IDA Infocomm Development Authority of Singapore. Infocomm Development Authority of Singapore, n. d. Web. 24 Apr. 2013. lt;http://www. ida. gov. sg/gt;. Please Select Your Location. Cal vin Klein. Calvin Klein, n. d. Web. 24 Apr. 2013. lt;http://explore. calvinklein. com/en_US/gt;. Polo Ralph Lauren Corporation (RL) Financial and Strategic SWOT Analysis Review. Researchandmarkets. com. Research and Markets, Mar. 2012. Web. 25 Apr. 2013. lt;http://www. researchandmarkets. com/reports/1291183/polo_ralph_lauren_corporation_rl_financial. pdfgt;. Ralph Lauren. Ralph Lauren. Polo Ralph Lauren, n. d. Web. 24 Apr. 2013. lt;http://www. ralphlauren. com/gt;. Wheelen, Thomas L. , and J. David Hunger. Concepts in Strategic Management and Business Policy: Achieving Sustainability. Upper Saddle River, NJ: Prentice Hall, 2010

Process Essay Example

Process Essay Example Process Essay Process Essay Romance14 October 2010 Sneaking Out Most teenagers know that sneaking out is key when it comes to the end of the week especially since parents are getting stricter and grounding a lot more. On the weekends, teenagers hang loose, party, relax, and just try to have fun, unfortunately, most parents do not understand. Teenager’s number one goal is to not get caught, therefore hey put a lot of thought in to this process. Even though most of the time teens do get caught in the act, every teenager should know at least one way of sneaking out of the house. Every teenager should know at least one way of sneaking out of the house. Teens put a lot of thought in to sneaking out, they must consider their area situation, disciese themselves, take chances, and be prepared. Most importantly is sneaking back in. As teens put a lot of thought into sneaking out, their number one goal is to not get caught. First, the teen needs to have an emergency excuse ready, in case the teen does get caught. Second, they must remember what time they’re parents usually go to bed, or if they have to stay up late to finish some paperwork etc. Teenagers should remember two important things before sneaking out. One, they need to stuff soft, bulky items, such as stuffed animals, clothes, etc. under their covers to show that the teen is safe and sound in bed. Two, if they do sneak out at night and leave a door or window unlocked, you leave they’re parents home vulnerable to a home-invasion robbery/break-in. The lives of they’re family could be in jeopardy. Anyway, let’s say they’re parents are sound aslee p. The first step would be figuring out how the teenager would get out of their room. An important factor in getting out of the room would be where the room even is, whether it’s downstairs, upstairs or on the main floor. If the room is upstairs, you either would go out the window with a roof, or a tree to climb down. They could also go down the stairs and to one of the doors. It’s easier to go out the window, but noise is key. The teen can’t wake up their parents, or any of their siblings in order not to get caught. If the room is downstairs, then its as easy as going out the front door, though sometimes parents have a security system installed in case of a break in, or to even prevent teens in sneaking out. The teen could also go out another door, like the back. Say the parents do have a security system; the teen has no choice but to go out a window carefully and quietly. The teen needs to make sure and have a friend meet them down the block so the lights of the car in the drive way doesn’t bother the parents, and gets the teen caught. After getting out of the house, getting back in is also very tricky, and most important. In order to complete a mission in sneaking out, the teen must get out and get back in without getting caught, that’s the point. After the teen feels successful in getting out, they go out and have fun. When they arrive back home,they need to come in the same way they got out. If the teen came out the window, they should have cracked it and left it semi-open to re-enter the home. If there is any light on in the house, and the teen is sure that they have gotten caught, they need to call home immediately and used their emergency excuse for a cover up. If not, the teen would re- enter the home through the middle floor window in this case. Once the teen is back in his or her room, they must clean up anything that may put them in jeopardy in getting caught. The teen needs to get in bed, and go straight to sleep. If the teen would want to wash their face, take a shower, etc. , they may get themselves caught, so the recommendation for that would be not to do it. Finally, the teen makes it home, safe and sound without getting caught. Most teenagers know that sneaking out is key when it comes to the end of the week especially since parents are getting stricter and grounding a lot more. On the weekends, teenagers like to just have fun and stay out with their other friends, unfortunately, most parents do not understand this concept. Teenager’s number one goal is to not get caught; therefore they put a lot of thought in to this process. Most teens do get caught, but every American teenager should know at least one way of sneaking out of their house.

Tech Data Case Study Example | Topics and Well Written Essays - 2500 words

Tech Data - Case Study Example This report seeks to review a company by focusing on various aspects involved in the year 2002 is important in that make it rather easier to understand the running of the company both now and on earlier days. 1. Current Situation A. Current Performance 1. 5 percent drop in net sales to 50% from 2001 to the beginning of 2002 2. Approximately 8000 associates in the United States and Canada 3. 227 in share amounts around the year 2002. B. Strategic Posture 1. Mission â€Å"To be the IT distributor of choice for our customers and business partners, thus enabling our shareholders to prosper† (Jameson, 2011). 2. Objectives Strive to achieve the continued balance in sales and improve the quality of the services and the goods that it goes through To offer innovative technology in every mission that the company seeks to undertake and achieve the number one company in the segment while at it Provision of a safe and habitable working environment for the employees in an effort to increase their working morale eventually achieving higher success for the company The company aims at increasing the market share in Canada by having a return in sales of around 5%, assets in around 7% and 15% in Equity. Moreover, the company aims at increasing the market base in Canada to level with some states in the United States 3. ... Board of Directors 1. 21 members in the board with 4 of them being from outside. 2. Well suited and Older generation men in this section 3. Is it time to have a change in terms of the age? B. Top Management 1. Top managers from different parts of the world 2. Experienced and Outspoken members in the corporate field. 3. Takers of risk in the Organization 3. External Environment (EFAS Table) A. Natural Environment 1. Lack of rain affects the levels of the water in hydroelectric dams that produce electricity used to charge gadgets. 2. Radiation induced problems such as cancer increasing from the use of these gadgets (Karami, 2010) B. Societal Environment 1. Economic 1. Growing economy from urbanization 2. Technological 1. Increased levels of awareness among the people 2. Counterfeit forms of the products hitting the market 3. Political-Legal 1. High tariffs induced by the government 4. Socio-cultural 1. Ignorance is one part that affects the distribution of the products as some people t end to oppose change however important it may be. 2. Career mobility requirements make it rather difficult to have a stable work. 5. Task Environment 1. Very high competitive market provided the different companies that come with the jobs. 2. Globalization as the company spreads to other countries 3. Acquisitions and Mergers from the different types of changes the company makes during expansion. 4. High number of rivals in the market 5. Low purchase power due to widespread of technology products. 6. Few customers in their Canadian branches from ignorance 4. Internal Environment (IFAS Table) A. Corporate Structure 1. Both divisional and united structure where

Business Strategy Essay Example | Topics and Well Written Essays - 1250 words - 2

Business Strategy - Essay Example Thus, the goal of this paper is to identify and recommend specific measures on how the proposed transition in ownership can be best managed with the interest of both parties in mind. This paper will primarily answer the biggest issues that Walden and Able faces which includes their different strategies and success metrics. How would you reconcile Ables need for building market share (long-term strategic business objective) with Waldens drive for year-to year quarterly increases in sales and pretax profit (short-term, corporate objective)? The current strategy of Able is building market in order to efficiently distribute costs. The business organization believes that in order to be successful in its industry, in needs to capture most of the market. The strategy can be seen as a long-term business objective. On the other hand, Walden pursues a short term corporate objective of increasing its quarterly income and pre-tax profits. At the first look, these two strategies seem to be in direct contrast with each other. For one, the focus of Walden is in the short run while Able is concern in the long term. However, looking more closely, both of these strategies can be simultaneously pursued as they will be bringing in the same results for the two business organizations which is growth. It can be argued that establishing the quarterly goal of revenue and profit increases can be attained through revamping the whole operation of Able and in the long run can help it earn a sizable share in the market. Walden’s acquisition of Able can be largely help the latter to pursue its goal of increasing market share and record sales and profit increases each quarter. It should be noted that aside from circular saws, Able’s products are only able to corner no more than 3% of the market. This is amidst the fact that there is a large and growing

Trauma in Conflict Essay Example | Topics and Well Written Essays - 2250 words

Trauma in Conflict - Essay Example FitzPatrick and Hartsock observe that throughout history military nurses have stood with physicians and assisted them in carrying out emergency medical interventions. Nurses have served as care providers in many regions of conflict such as Somalia, Croatia, Desert Storm and recently in Iraq and Afghanistan (Flint et al. 2007). The evolution in trauma nursing has opened up new roles for nursing such as injury prevention, data management and the use of new technologies for dealing with trauma injuries. One such medical intervention is the military tourniquet. The military tourniquet is used for supporting poly-trauma patients. The Combat Application Tourniquet (CAT) is a common military tourniquet used by military nurses. This essay will discuss the potential dilemmas arising out of the use of tourniquets, particularly CAT. The issues will be considered in the context of trauma conflict situations. Patients in military operations in Afghanistan will be considered too. According to Beac hley, military nurses have contributed significantly towards the effective management and care of severe injuries. Amongst such measures are triage rapid evacuation, stabilization and surgical procedures (Flint et al. 2007). It is necessary for military nurses to master the interventions that are required for dealing with blast and gunshot victims. The frequency of such injuries has increased significantly over the past few decades owing largely to the fact that they are not confined to the military anymore. The proliferation of weaponry and its use out of the military has made the civilian population yet more susceptible to trauma. The role of nurses has become increasingly important in managing trauma ever since the Crimean War. Effective management of penetrating trauma, which has occurred in wars and military operations, requires the nurse to be apt at the working knowledge of the interventions (O'Shea 2005). A critical aspect of emergency care of trauma victims is gaining contr ol of and stopping haemorrhage. It has been reported that taking measures to prevent deaths occurring from blood loss from the limbs are the most vital means of saving lives. Haemorrhage has been cited as the most important reason for death after trauma (Lerner & Soudry 2011). In the protocol used for managing a trauma patient, circulation is now being given increased importance. The treatment procedure has changed from ABC to ABC to highlight the significance of controlling blood loss (Brodie et al. 2007). These changes are also being introduced into training programs for military trauma nurses. A device used in such cases is tourniquet. Tourniquets are devices which can reduce arterial and venous flow by compressing it. In the UK, tourniquets are a part of the personal first aid kits of soldiers going to the field. They are encouraged to make use of tourniquets when faced with excessive amounts of blood loss. Despite the effectiveness of tourniquets on stopping blood loss, their u se in conflict situations is subject to debate. There are strong arguments both favouring and discouraging the use of tourniquets in critical situations in the war zone. The arguments against the use of tourniquets are that they lead to the unnecessary loss and amputation of limbs. This highlights the gravity of the issue and the medicolegal aspects surrounding their use. Tourniquets are used for medical or tactical reasons. They help to deliver care-under-fire,

Business Analysis Of Foxconn Business Essay

Business Analysis Of Foxconn Business Essay The Foxconn Technology Group is specialized in computer, communications, consumer electronics, digital content, auto parts, and sales of high-tech enterprises 6C industry. With roots technology, manufacturing and forward-looking decision-making, Jau-Ji in Taiwan since 1974, particularly in 1988 in Shenzhen Construction, The Foxconn has expanded rapidly, with more than 90 million people and the worlds leading IT customer base, as the worlds largest The electronics industry manufacturer. Exports to the mainland in 8 consecutive years, ranks the top 200 list; 2010 among the Fortune Global 500 2010 No. 112. Leaders Terry Gou founded Hon Hai in Taiwan in 1974 with ten workers to make plastic parts for television sets. In 1988 Terry Gou opened his first factory in Mainland China, in Shenzhen, where his largest factory remains today. Terry Gou now owns 30% of the public company and was ranked 142nd on Forbes magazines 2007 list of the worlds richest people, with a net worth of US$5.5 billion. Scope of business operation The Foxconn leads through its competence, creativity, and teamwork. Its quest for excellence did not allow it to rest on the laurels of its past success, as with the increase in size comes the challenges of operating in a timely fashion. The Group has hundreds of subsidiaries and branch offices through Asia, Europe and the America. The strategy of having two RD Clusters they are based in Asia and the America are the major anchors where the RD teams are housed, where the laboratories are located, and where advanced research is performed. The three design and manufacturing zones that are located in Asia, Europe, and the America are where the design is implemented and final assembly is achieved in large scale/high efficiency/low cost/high quality via vertical integration. The Foxconn prides itself on its commitment to having zero inventory and on time delivery that adds value to existing products, develops new product line, and beats competition to the market, and where affordability me ets state of the art technology. Through its subsidiaries and affiliates worldwide, The Foxconn provides its customers with an all in one service and cutting edge IT products worldwide. Business Model Foxconns leadership is founded on the basis of maintaining a constant focus on Component Module Move and Service, a business model that was envisaged by its founder and CEO, Terry Gou. The Foxconn offers an extraordinary portfolio of capabilities on the design of components and modules that enables it to deliver a one stop solution from design and manufacture to logistics and to repair and maintenance across the globe. The five key tenets of to underlying business model -speed, quality, technology, flexibility, and cost efficiency have proven Foxconns sustainability that lies at the core of its quest for success. Products With its well established technology on molding and tooling, The Foxconn has evolved from being a manufacturer to an innovative technology developer and to becoming the industry leader in mechanical, optical, and electronic integration. It finds a new focus in a host of areas such as nanotechnology, heat transfer technology, wireless networking systems, green environmental technology, CAD/CAE, optical film, sputter technology, AMT, and networking chipset design. Establish itself in China improve the layout The Foxconn continue to enhance R D design and engineering service capabilities, gradually establish a China-centered, extended development to the rest of the worlds international territory. In the Pearl River Delta region, built in Shenzhen, Foshan, Zhongshan, Dongguan Science and Technology Park, and established the Shenzhen Longhua Global Logistics Manufacturing for the Group headquarters, its three business revenue year after year into the top ten enterprises in Shenzhen City, and the top ten tax annual tax contribution of over ten billion yuan in Shenzhen. Park is transforming into a new product R D and design center, the key manufacturing technology R D Center, new materials, new energy R D center, manufacturing equipment and tooling technology research and development center, product display / trade / logistics and distribution center and test base the amount of new products, and strive to become Shenzhen construction of national innovative city, the main driving force. In the Yangtze River Delta region, the layout in Kunshan, Hangzhou, Shanghai, Nanjing, Huaian, Jiashan, Changshu, etc., to form a precision connector, wireless communication components, CNC equipment, body parts, semiconductor equipment and software technology development and supply chain industry chain polymerization system, boosting the regional industrial structure optimization and upgrading. In the Bohai Sea region, the layout of Yantai, Beijing, Langfang, Tianjin, Qinhuangdao, Yingkou, Shenyang and other places, to wireless communications, consumer electronics, computer parts, precision machine tools, automation equipment, environmental technology, nanotechnology and other industries as the backbone for regional economic development and manufacture of kinetic energy transfer technology. In the Midwest, investment Taiyuan, Jincheng, Wuhan, Nanning, Zhengzhou, Chongqing and Chengdu, the focus on the development of precision mold, magnesium alloy, automobile parts, mechanical and electrical modules and other products, actively cooperate with the Rise of Central China, West National Development Strategy. Sophisticated technology to win the opportunity Continued to improve in precision molds, key components, modules and other products both electrical and mechanical integration of technology advantages, The Foxconn actively promote cross-technology integration, nanotechnology, precision optics, environmental lighting, flat panel display, automation, thermal acoustic magnetic, industrial measurement, semiconductor equipment, and other fields have achieved fruitful results. The Foxconn Nanotechnology Research Center of Tsinghua controllable growth of carbon nanotubes and application in the field, continue to achieve groundbreaking results. Group of independent development of industrial robots FOXBOT, in the global technology and manufacturing industry to win the subsequent advantages. The Foxconn testing center in South China and East China is the ILAC International Laboratory Accreditation Cooperation Organization, of which R D validation, product testing, simulation, experiments, and so is a world leading level. The Foxconn to actively create energy saving, emission reduction, green, recycling, green business and rigorously enforce the RoHS WEEE international environmental standards such as independent research and development LED energy saving lamps, energy-saving aluminum, intelligent all heat exchangers and other green products, to promote the production, living the quality of the environment and peoples livelihood continues to improve. The Foxconn has set up all over Papua, the United States, Europe and across three continents of the professional R D network, establish a sound platform for innovative mechanisms and Intellectual Property Management, 2009, to achieve 13,400 patent applications, of which 80% or more categories of invention patents, for 5 consecutive years were total patent applications listed mainland and the top three patent applications. Chinese enterprises become the wisdom of riding the right of the global technology industry pioneer. Feedback social care staff The Foxconn long-term commitment of Charities, 2008, earthquake in Wenchuan, has more than 7200 million for the donations sent to disaster areas. Accumulated over the years donated money to Over one billion NT Group, benefiting more than 30 provinces. Through the disability employment project, and actively explore solutions to social problems disabled; by a wide range of school-enterprise cooperation, and create hundreds of thousands of jobs. People-oriented, profit sharing, employees. Group than the terms of the labor contract law and the full labor contracts, both to purchase legal insurance for all employees, but also for the staff set up five security lines, and establish a comprehensive, multi-level security system employees. Through the allocated units, placements and other measures to motivate good employees, create a well-being, stability and development, the harmonious atmosphere. Foxconn and Tsinghua University, Peking University, National Taiwan University, renowned academic institutes such as cooperative education, and collaboration with local governments Enterprise University, set up different levels of training system for all willing to learn, willing to learn the staff continuing education, lifelong learning opportunities and conditions for the growth of the young talent pool to create institutional memory in order to display the stage and space. Hongfei miles, Fuji is Kang. Foxconn will continue to love and cultural tradition, fulfilling social responsibility, nurturing talent, innovation and development patterns, technological innovation and industrial restructuring challenges a higher goal, to create long-term, stability, development, technology, international of the companys long first-class Green Albert! Foxconn in China, Taiwan, Japan, Southeast Asia and the Americas, Europe and other places have hundreds of subsidiaries and representative offices of global logistics strategy, both R D, design and manufacture of three districts, the global assembly of delivery. Both R D (Time to market) Two R D refers to the Greater China and the United States as two major strategic pivot, set up R D team and research and development laboratories, pulse master technology to meet the Groups product development strategy and an important strategy for global product development customer needs for new product development, creating new growth global markets. Design and manufacture of three districts (Time to volume) Third District design and manufacture of the layout of the focus is mainland China as the center, at least three continents, Asia, the United States and Europe set up two manufacturing bases, with product introduction, design sample preparation, engineering services and high-efficiency low-cost high-quality large-scale vertical integrated manufacturing strengths to provide customers with the most competitive technology products. Global assembly of delivery (Time to money) Global assembly delivery refers to assemble a global scale to ensure the right products, timely, appropriate quality, appropriate to the goods delivered to the client specified location. To this end, with customer needs for global logistics distribution and channel building in order to reach to goods stock, not when the goods are zero inventory objectives. Goals for future Conduct SER on site audits for 200 suppliers identified as being at risk of non conformance Conduct the Conflict Minerals survey throughout the supply chain and require suppliers not to use those metals Drive all PCB suppliers to be certified ISO 14001 standard Drive 200 suppliers to conduct GHG reduction Cooperate with customers and suppliers to initiate the product carbon footprint program Chart below shows the organization structure of Foxconn Board of Directors General Manager Assistant General Manager Executive Vice President Sales Vice President Deputy General Manager of Production Technology Human Resources Finance Department General Administration Department Trade Division Static Division Electronics Division Marketing Design RD Engineering Technology Static Products Electronic Products Service Department Marketing Centre Group Marketing Centre About the Kingdee Kingdee International Software Group Company limited (stock code: 0268) is a lead software company in China specializing in the delivery of foot blade enterprise management software, middleware in the Asia Pacific region.It is also one of the fastest-growing independent software providers in the worlds first line of management in providing online, e-commerce services.Kingdee altar drive as its task to make progress in the management of standard software from it, nurture e-commerce, service its customers, promote Chinas management of pulse encoder device world.Customer first attitude, innovation, integrity and responsibility to reflect the groups core values. Kingdee services to enterprises and government information through its 54 branches, and in marketing and service partners, more than 1,500 consulting, technology and implementation services, and in concentrated demand around the world. It is already recognized by the International Data Co., Ltd. as the largest player in the SME m anagement software market in China in terms of market share of the four series of years, small and medium enterprises as the best in Asia for two consecutive years by Forbes Asia. Future prospects Kingdee IDC, was named as the SME ERP market in China for five consecutive years in Forbes Asias leading, the best in Asia in a million, one for four consecutive years, the best ability to Sofrware Award , the highest capacity management in China Software , Best Technical Innovation Software Award . In 2007, IBM invested Kingdee, as its strategic shareholders. IBM has been with the Groups cooperation incluind products, technology, consulting and marketing. The countrys economic stimulus measures, including plans invigrate electronic information industry, began to take effect in the second half of 2009. In response to the financial crisis, local enterprises have basic IT applications in a more emphasis on internal management, e-commerce, information technology, and industry consolidation, business transformation and upgrading, while the demand for IT consulting and services commensurate with the growth.The Chinese government has actively promoted e-government infrastructure and suppor t for the domestic software industry and the pharmaceutical industry of information technology development. The next four years, is expected to harvest time, and the results of these efforts in China in the manufacture of application software, middleware, e-commerce software development, investment, e-government software, medical and hospital management applications. In 2010, the Group is well prepared to seize the economic recovery and a strong software industry opportunity. It will continue to expand the program to different industries through market penetration and further into a service company, and extend the operation of the entire product lifecycle, thereby enhancing its core competitiveness, providing products and services, improve customer value. The team will enhance merger and acquisition to consolidate its active ingredients business management software and middleware in the area of leadership. The team will also further develop e-commerce, e-government, health care of i ts business, the Group will strive to build a global think tank best management practices to provide greater value in Chinese enterprises, government departments and non-profit organizations. Chart below shows the organization structure of Kingdee CEO Mr. Xu Shao Chun CFO Mr. Chen Deng Kun Non-executive Director Mr. James Ming King Non-executive Director Mr. Ho Ching Hua Independent Non-executive Director Ms. Yang Zhou Nan Independent Non-executive Director Mr. Wu Cheng Independent Non-executive Director Mr. Yeung Kwok On Independent Non-executive Director Mr. Gary Clark BIDDLE Company Secretary Ms. Ngan Lin Chun, Esther ACS Qualified Accountant Mr. Ho Ka Man, Barry CPA Audit Committee of the Board Ms. Yang Zhou Nan Audit Committee of the Board Mr. Wu Cheng Audit Committee of the Board Mr. Gary Clark BIDDLE Employees Conclusion So, we can see lots of difference between Foxconn and Kingdee in business operation, Business Model, Products and Goals for future and etc. The organization structure of Kingdee is smaller than the organization structure of Foxconn. The good thing about the Foxconn is the share in market is large than other company and the competition is strong in the world. And the advantage about Kingdee is the goals are the organization structure is more easy to change than MNC and the management of the company is more humanization. We need to learn the good things and the bad things from Foxconn and Kingdee. The good things can help us to improve ourselves, and the bad things came be the advice to warn ourselves. By the finally, the knowledge are limitless, we should learn more and more knowledge so that we can easy to find the job which we want to get. The information of Foxconn and Kingdee are a good part of the knowledge which we need to learn.

Animal Testing And Human Lives

Animal testing refers to the submission of the laboratory animals (animals such as mice, rats, rabbits, guinea pigs among others) for experiments to the medical researches for instance in the drug testing and vaccine production, in testing of domestic products, industrialized chemicals, agricultural chemicals, pesticides and paints among others.The animal welfare activists have shown that animal experimenters waste both human and animal lives, as they tend to infect animals with human diseases where as their body seldom serve as good models for the human bodies.These laboratory animals have been deliberately bred for apparently boundless diversity of experimental trials in fields ranging from biological studies, psychological experiences, pharmacology, and physiology to genetic manipulation.In this paper we try to analyze the importance of using laboratory animals and if they save human lives. When we compare the two articles by Heloisa Sabin and Peggy Carlson, we see that there is a strong disagreement on the issue that â€Å"animal research saves human lives†.A great help has been achieved by animal testing in research work as seen in the production of vaccines, finding drugs for fighting diseases such as HIV and cancer and in other studies such as opening heart surgery techniques and development of organ transplant.Despite all this we can not be sure on the correlation between animal responses to a certain drug to that of man and how stress experiences in laboratory conditions affect the test results.

Break of Day in the Trenches Analysis Essay

In the poem, â€Å"Break of Day in the Trenches†, the author, Isaac Rosenberg shows the theme that endless conflict leads emotionally numb soldiers to snap, through the literary devices, tone and personification. Tone is used by Rosenberg to furthermore reveal the theme in this poem. The two that he uses are musing and contemplative tones. The author uses the air of musing in this poem throughout the beginning few lines of the poem. When a soldier is immersed into war they are exposed to the death of their friends and peers, they are taken from their family, and they are forced to repel any emotions. The soldier who is telling his story is sitting in the war trench at sunrise or in his words, the â€Å"druid Time†. The Druids are an ancient civilization who at sunrise made sacrifices to their gods. This leads readers to believe that the soldier is sitting among what could be interpreted the human â€Å"sacrifices† that war had taken. Around him there are soldiers lying dead for seemingly no good reason. To be talking in the tone of curiosity rather than pain and horror in that situation, it shows that he has numbed himself to the feelings that would naturally come to him because he is so used to seeing the display of death. The other tone that is used by the author is a tone of contemplation. Rosenberg shifts from talking to himself, to directly addressing the rat, asking questions and drawing his own conclusions. The soldier gets more and more demanding of the rat as the poem goes on, eventually asking it, what do the eyes of mankind say. The soldier uses the rat to ask all of these questions because he knows he shouldn’t be thinking emotionally. He can’t control himself and he has to let off steam by talking to a rat, which can’t respond or judge him. He then has a final break in his mind, using the death of a poppy to symbolize death of soldiers. He says, â€Å"Poppies whose roots are in man’s veins/ Drop and are ever dropping;/ But mine in my ear is safe-/ Just a little while white with the dust. † He had just picked the poppy from the parapet, taking it from its nutrients causing it to stop growing. This is ironic because the flower, though safe from being trampled, is already a dying cause, just like him. He gives up and lets know, even while knowing he is going to die, he chooses to numb his emotions again, and move on till his day comes. The shift from controlled and nonchalant to inquisition and back to control shows the struggle that soldiers had to face and the fact that the idea of emotional numbness is flawed. Personification is rarely used in this poem, but when it is used it has powerful meaning behind it. The two areas personification is used is when he talks about the sleeping green and the queer, sardonic, and droll rat. The green grass is given the personification of sleeping to reflect the death of the soldiers who lay on it. As a whole, the soldier is referring to No Man’s Land. The second personification is used on the rat. The rat is given the human qualities of being sarcastic, odd, and amusing. The idea of personification is to give a feeling to something incapable of human-like qualities. Feeling shouldn’t be a part of a soldier’s thoughts. This goes to show that the use of personification is a way for the soldier to reflect his feelings on something else. War is too emotionally scarring for you to not have an emotional reaction to it. In essence, the poem, â€Å"Break of Day in the Trenches†, Isaac Rosenberg uses tone and personification to show the theme that endless conflict makes it impossible for soldiers to completely suppress their emotions. The shifts in tone that the author wrote showed the struggle from controlled to a mix of emotions, then back to control and acceptance. The personification shows that the soldier needed something to project his feelings onto because he couldn’t handle not being allowed to talk about them, causing him to talk to a rat for consolation.

Comparing Dali, Miro and Munch essays

Comparing Dali, Miro and Munch essays The paintings featured in this assignment are all similar because they all offer an insight into the artists mind and what there thinking of feeling. They achieve this using a number of different techniques, but the most notable aspect of the three of the paintings examined in this assignment is they all create a scene that is not exactly abstract, that is the viewer of the painting can easily recognise most objects in focus. But the scene painted has been warped into an unnatural, dream-like state. The three paintings that will be reviewed in this assignment are; The Carnival of Harlequin, The Persistence of Memory and The Scream. The Scream was painted in 1893 by Edvard Munch. It was created using Tempera and pastel on board and is 91 x 73.5 cm. The painting is Edvard Munch's most famous work. This painting is a reflection of an incident that happened to Munch as he was walking with friends in Oslo, an entry from his diary on the 22 January 1892. It reads, "I was walking along the road with two friends. I stopped, and leaned against the railing, deathly tired - looking out across the flaming clouds that hung like blood and a sword over the blue-black fjord and town. My friends walked on - I stood there, trembling with fear. And I sensed a great, infinite scream pass through nature." This painting is different from the other paintings reviewed in this assignment because its main purpose seems to be to foreground an emotion rather than a concept or an idea. The Persistence of Memory, painted by Salvador Dali in 1931is a painting that foregrounds the artists theory about space and time. The soft watches that are the focal point of the painting symbolise Dalis thoughts about the pliability of space and time. Dali even felt that this work foreshadowed the discov ...

FGCU GPA, SAT and ACT Requirements for Admission

FGCU GPA, SAT and ACT Requirements for Admission FGCU GPA, SAT and ACT Graph Florida Gulf Coast University GPA, SAT Scores and ACT Scores for Admission. Data courtesy of Cappex. How Do You Measure Up at Florida Gulf Coast University? Calculate Your Chances of Getting In  with this free tool from Cappex. Discussion of FGSUs  Admissions Standards: Roughly two-thirds of all applicants to Florida Gulf Coast University will get in, and successful applicants tend to have grades and standardized test scores that are average or better. In the graph above, the blue and green dots represent accepted students. You can see that the majority of admitted students had high school averages in the B range or higher, combined SAT scores of about 1000 or better, and ACT composite scores of 20 or higher. Your chances of being admitted improve a bit if your numbers are above these bottom ranges.   Note that there are some red data points (rejected students) and yellow data points (waitlisted students) hidden behind the green and blue in the middle of the graph. Some students with grades and test scores that seemed to be on target for FGCU were rejected. Note also that some students were accepted with test scores and grades a bit below the norm. This is because FGCU admissions are not entirely numerical. The university wants to see that you have completed a strong college preparatory curriculum, and they will give extra weight to AP, IB, honors, and dual enrollment courses. And while the university does not use letters of recommendation or essays in the preliminary review of applications, holistic measures such as these may be employed for some students who dont meet other admissions requirements. To learn more about Florida Gulf Coast University, high school GPAs, SAT scores and ACT scores, these articles can help: FGCU Admissions ProfileWhats a Good SAT Score?Whats a Good ACT Score?Whats Considered a Good Academic Record?What is a Weighted GPA? Articles Featuring Florida Gulf Coast University Florida Gulf Coast University Photo TourAtlantic Sun Conference

STATUTORY VALUATION - Compulsory Purchase (REAL ESTATE BSc COURSE) (2) Essay

STATUTORY VALUATION - Compulsory Purchase (REAL ESTATE BSc COURSE) (2) - Essay Example However, we acknowledge that the adoption of compulsory purchase law will come with the right for people whose property interests may be affected by the claim compensation. Given that the shop was let to the Smiths Minimarket; the first floor leased out for 125 years; and the advert hoarding at the ground floor let out at an annual license, the freeholders are justified to receive  £ 334,800 compensation. From the available records, the shop was let to Smiths Minimarket on an FRI basis for 15 years from 25.12.2011 at a cost of  £ 20,000 per year though subject to a rent review every 3 years. It is evidence the shop`s first floor flat was leased out for 125 years from 25.12.2008 for a rent of  £ 200 per year. It is also well-known that portion of the shop, particularly at ground floor, had an advert hoarding let at  £ 5,000 per year though on annual license. We learnt that the planning consent was not renewed, actually from the time it was given for 3 years, years ago. Moreover, the freeholder receives  £ 50 every Friday evening from Mrs. Jones who has a chip and fish van that occupy the shop from the side of forecourt. It is said this agreement was held on a license that was stated to run for two years. In addition to all these, the freeholder revealed that  £ 100 is paid per sale by Mr Youens for casual sale of second-hand cars that occupy the three places on front forecou rt of the shop. A good number of compulsory purchases are made under laws granted by several general Acts. The Government had walked the talk of its early intention to complement the existing laws by fresh laws which dictates that authorization of compulsory acquisition is given through compulsory purchase order that is created by the acquiring body and affirmed by the appropriate Minister or confirming authority. This order should be in prescribed form and comprises a statement of purpose for which property is

Samsungs Business Strategy Report Essay Example | Topics and Well Written Essays - 2750 words

Samsungs Business Strategy Report - Essay Example This is as occasioned by the ever-changing environments in which businesses operate. As each business entity is devising innovative ways of increasing their turnover and market base, the overall competitiveness of the industry is increased, thereby causing the rest of the entities in each specific industry to up the game in order to be at par with the industry (Hoskisson et al 2009, p. 178). Given that there are various industries and business entities all partaking in different business operations, each entity must come up with a strategy that will ensure it thrives in its line of business else it risks being knocked off the competition (Moreton et al 2012, p. 176). In order to achieve and maintain their niche or improve even further, the businesses must consider a variety of aspects including the internal and external factors, in order to ensure their continued success and dominance. Despite this, coming up with the right business strategy is not always an easy task. Various consid erations have to be made to identify the best path forward since a wrong move could send a firm on a downward trend (Sekhar 2009, p. 87). In light of the above, the analysis of Samsung Electronics Company Ltd. in relation to existing and probable business strategy modules would suffice a business strategy report. Samsung Electronics is a transnational electronics corporation based in South Korea. It is the main auxiliary of Samsung Group of companies and has been on a steady rise over the recent couple of years. It operates on the global market platform, with branches in most major cities of the world. Samsung has considerably grown over the last couple of years, thereby increasing its global employee base to upwards of 200000 (Sekhar 2009, p. 187). The company is involved in the manufacture of end user electronic products. On the broad platform, it operates mainly in two expansive business units. These are the end product faction and the module division. The product division is inv olved in the fabrication of user products especially home appliances such as video and audio equipment, kitchen electronics, computers, air conditioners, cameras, printers and communication equipment such as mobile phones and tablet computers. On the other hand, the module division is involved in the business of manufacturing product components such as semiconductors, display products such as LCD’s, TFT’s, AMOLED’s and storage devices such as SD and microSD cards (Russ 2010, p. 231). Moreover, they partake in electronic consumables such as toners and cartridges for printers apart from the aforementioned products. Given the nature of their businesses, the industry is often tumultuous especially due to the constant innovative technologies that grace the electronics and telecommunications industry (Cant et al 2008, p. 121). Samsung Electronics prides itself with the vision to inspire the world and create the future. Their company profile identifies three strengths in relation to their vision. These are new technology, innovative products and creative solutions, all in a bid to realize the stated vision. Moreover, their main focus is on the industry, the employees and their business partners, and they identify these as the keys to their growth and overall success (Moreton et al 2012, p. 88). Their focus on the industry is aimed at assessing the industry trends to enable them map the best strategy to be the market leader. Meanwhile, the partnership vision is aimed at considering their business associates and generating a correlation targeting success for both partners and the company itself (Cant et al 2008, p. 322). On the other hand, the employee vision has the objective to empower the employees and create a sense in them that lets them diligently partake in their duties