Essay Writing Help

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What should Porsche management do - 550 Words

What should Porsche management do about the company foreign exchange exposure? (Essay Sample) Content: What should Porsche management do about the company foreign exchange exposure?Students Name:Tutor name:Course name:Submission Date:In the recent business atmosphere, generally defined as turbulent, for companies to improve and stay in the market, they are required to pursue every new opportunity that come their way if they tend to leap ahead. This is the best way for Porsche management to consider. One of the essentials that companies has been experiencing for quite a long period is the choice whether to transfer certain activities and processes to other company or whether to devote time, money and energy and carry out all essential processes and activities in own company.Porsches management should consider moving some of their production to America and make sure that; they match the dollar revenues with its cost which has been posing a considerable risk to sale and profits. This problem faced Porsches management because their exposure is a singleà ¢Ã¢â€š ¬current c ost based. They should not believe that the quality of the engineering and manufacturing are at the core of its brand, and leadership should be willing to move production beyond the existing European footprint.For Porsches management to deal with foreign exchange exposure they should make sure they have production in both US dollar and euro. This is to avoid sustained currency-induced pricing pressures against the currency. This will improve in production and also the company will not be faced with the foreign exchange exposure which leads to losses. The management will...

Is Modern Day Media Deceitful Essay - 1046 Words

Modern day media is deceitful in a number of ways - stories about politicians can be easily fabricated, exaggerations about celebrities are all too common, and more often than not news reports are negative, fear-inducing stories. Perhaps the most deceiving of all is the sexual content that appears far too frequently. Sexual content in the media includes but is not limited to kissing, nudity, provocative clothing, sexual innuendos, suggestive language and of course any portrayal of the act of sexual intercourse itself. It is often shown to have no consequences, which can undoubtedly be misleading. Sexual content in the media - including television, movies, magazines, music, video games, advertisements - is detrimental to society and†¦show more content†¦Although video games may be more easily monitored by parents, in circumstances where that is not possible, being exposed to this type of sexualization is particularly damaging to the mindsets of children. Young girls can likel y be influenced by this kind of sexualization, feeling that they must dress or act in similar ways to these video game characters in order to impress, seduce or pursue a partner. Similarly, young heterosexual boys are likely to look to these fictional women as future comparisons for when they go out into the dating world. According to a study by the Kaiser Family Foundation, â€Å"most children aged 11 to 13 and some children aged 8 to 10 understood the sexual content, even the jokes and innuendoes about sex.† Obviously, children as young as eight years old should in no way be already able to understand the kinds of sexual jokes and innuendos that grown adults partake in telling and sharing. An eight-year-old that is not exposed to sexual content in the media is probably more likely to be concerned with more important things such as their education, family life, and just playing on the playground even. 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Journal Of Advanced Biotechnology Research -Myassignmenthelp.Com

Question: Discuss About The Journal Of Advanced Biotechnology Research? Answer: Introduction Supply Chain Management is an important part of the business and is crucial for its success and customers satisfaction. Lean Manufacturing principles are the essential elements in the supply chain. With the help of these principles companies are able to create high valued products with the help of fewer resources of time, materials and with fewer errors. So, these principles would be applied to Bega Cheese Limited which is a wholly owned and operated Australian cheese and dairy company. It is headquartered at Bega Valley in New South Wales. It was established in 1899. With the help of its product design and manufacturing processes, it is able to produce and distribute its products to consumers in more than fifty countries around the world including Australia (Business Chief, 2018). The manufacturing design and production of Bega Cheese Limited consists of procurement of pastures in the form of raw material. The company produces fresh dairy products with the help of Artificial Insemination. The last stage of supply chain is the processing and distribution of dairy products through subcontracted marketing (PWC, 2011). So, in this report, the product design of Bega Cheese Limited would be analyzed along with the literature review of the theories of lean manufacturing and process management. The above management principles would be implemented to eliminate wastages from the operations of the company to make it cost effective. Literature Review According to Adriana and Ioana (2014) process management refers to alignment of the processes with the goals and objectives of the organization. It also indicates the application of the process design and establishment of the process measurement systems which align with the goals of the organization. It also comprises of various automated systems including work flow and ERP systems introduced to make the processes easier and less dependable on the human resources. Thus in Bega Cheese there are three stages of product design and manufacturing viz. pre-production, production and processing and distribution. The pre-production stage refers to the procurement of the pastures or feed for the cows which consists of 30% of the total expenditure. The dairy industry is focused on the technology of Artificial Insemination (AI). It is observed that with the help of AI, the cows generate 1000 liters of more milk per year. The second stage comprises of production of fresh milk which amounted to 2, 38,156 tons in FY2016 thereby reporting an increase of 5.9 % from the previous year (Bega Cheese Limited, 2016). The third stage comprises of processing and distribution. In the domestic market, the dairy products move mainly through three supply networks viz supermarkets, the route trade and food service channels. The supermarket channels includes major supermarkets, smaller chains and independent stores which represent the biggest and developing channel of distribution while the route trade comprising of convenience stores is the second largest distribution channel for dairy production. While the food service channel is the third biggest distribution channel consisting of caterers, restaurants and fast food outlets (Muehlhoff, Bennett and MacMahon, 2013). Lean manufacturing or lean production is a systematic method to reduce the wastage arising out of manufacturing systems without sacrificing the productivity. Lean Manufacturing focuses on eliminating the processes which does not add worth to the manufacturing or product designing process. According to Vignesh and Kumar (2015) lean management takes care of the wastages arising in transport, inventory, motion, overproduction, over processing and defects in the dairy industry. This can be achieved through planning a simple manufacturing system and improving it on continuous basis. Thus the concept of process management and lean manufacturing assist in providing higher quality with low cost of production. Main Factors influencing the Manufacturing Process Design in Bega Cheese Limited The manufacturing process of cheese consists of three stages, viz. pre-production, production of fresh milk and processing and distribution of cheese to wholesalers and retailers. It also comprises of exporting it to more than 50 countries. There are various factors influencing the manufacturing process design in Bega Cheese Limited. The foremost component in the manufacturing process of cheese is raw materials i.e. pasture which comprise of 30% of the total cost of production (Dairy Australia, 2018). The cost of agricultural inputs such as pasture for the feeding of the cows represents a high share of the total costs of the firms operating in the dairy industry. Pastures help in maximizing the production of milk which in turn is used for manufacturing other dairy products. Fertilizer is an important output to support the growth of pastures which comprise of 10% of the total cost of production. Besides this, the characteristics of raw materials such as their bulkiness and high perishability are crucial elements to govern the manufacturing process design of the company. Most of the manufacturing centers of Bega Cheese Limited tend to locate near the local dairy farms for easy accessibility of raw milk supply. Another important component of production of cheese is milk. Due to less availability of milk, there has been an effect on the production of cheese. Also, there has been a noticeable move of the consumer preference from cheddar to non cheddar cheese. The dairy industry is mainly focused on genetic progress. The Artificial Insemination (AI) is widely used to increase the production of milk. The consumption of milk and cheese regulate the prices and manufacturing of the dairy products. Also, there are various risks affecting the manufacturing process design of Bega Cheese Limited. The internal risk comprise of Supply or Commercial Risks. It is the risk amounting to the risk of relationship failing or succeeding depending upon the loss of key supervisory resulting in business interruption or appointment of competent managerial personnel resulting in efficient production (Gitau, 2013). The operational risk pertains to the risk of human mistakes or carelessness which obstructs the supply chain. It includes the product design mistakes, risk of employee practices and interruptions in the manufacturing process. It is essential for the suppliers of milk to have enough capacity and safety in terms of collection and storage of milk. Due to lack of chilling and cooling centers, there is an increase in the storage cost and decline in the milk quality (Tamime, 2017). The strategic risks comprises of risk of plan failures such as imperfection of marketing and business strategy leading to failure in the execution of processes (Australian Water Recycling Centre of Excellence, 2014). For manufacturing of cheese, cows are milked two times a day and it can be stored in the refrigerators for not more than 48 hours. It increases the milk handling and storage costs leading to financial and performance loss. The technical risks pertain to the breakdown or failure in the operation of machinery or equipment. It affects the execution of processes relating to manufacturing or infrastructure. Degraded infrastructure for collection and storage of milk will influence the manufacturing process of cheese in the company. The lack of proper tools and techniques for milk storage will intensify the food safety and spoilage risks. The manufacturing process of cheese is affected by lack of an efficient refrigeration system for storage of milk. Long distances of transportation and insufficient chilling facilities affect the acquiring costs along with adversely affecting the quality of milk (Yazdaninasab and Sabaghi, 2016). The external risks affecting the manufacturing process design pertains to the risk of supplier and logistic failures. The risk of withdrawal of the suppliers of raw materials and disagreement on the payment terms can lead to disruption in the supply of raw material which can lead to disturbance in the production processes and finally on the revenue. The environmental risks comprise of natural disasters affecting the manufacturing process design of Bega Cheese Limited. It is one of the significant factors affecting the manufacturing product design of the dairy industry. The production of milk is affected by the season. Animals produce more milk in the spring season when the fields are lush whereas it reduces in the autumn and winter seasons. In order to avoid this problem, the farmers have to compensate with feed supplement to ensure that the production is carried out evenly throughout the year. Similarly, the quality of milk is also affected during the dry season. In the spring seasons, cows produce more milk with good quality as compared to winter and autumn seasons. Other important factors affecting the manufacturing and distribution processes are bad weather and volcanic eruptions. They cause delay in the manufacturing process including the transportation thereby increasing the transport, labor and opportunity costs. As milk and cheese are perishable products, delivery on time is crucial to meet the needs of the consumers. Due to the natural disasters, delays in the manufacturing and transportation processes may lead to spoilage of the product and rejections by the customers (Bajrami et al.,2017). The complexity of legal liabilities is yet another factor affecting the manufacturing process of Bega Cheese Limited. The European Union health and safety regulations affect the procurement and supply of milk for the manufacturing of cheese. These regulations test the quality of milk. If it fails to meet the safety standards, then it cant be moved further for production of cheese. The high cost of safety processes to meet the safety regulations will increase the pressure on margins, cost and efficiency of manufacturing processes (Schirone, Visciano, Tofalo and Suzzi, 2017). Reduction in the supplier base is another problem affecting the manufacturing processes of the company. It leads of shortage of the availability of raw materials such as milk which will finally lead to decrease in the production of cheese. Due to financial risks, the company faces the problem of fluctuating milk prices. It leads to less availability of milk to produce the cheese. The company has to pay more prices for their milk and it significantly affects the cost structure of the company. The shortage of skilled labor also affects the manufacturing process of Bega Cheese Limited. Due to high labor turnover ratio and exit of the skilled work force, the production of cheese is affected to a great extent. Moreover, the training and recruitment expenses of labor also affect the company financially. While automation may assist to fill the labor gap, humans will still be required by the company for their unique capability of problem solving, analyzing the issues and managing the outputs (Elms and Low, 2013). High competition also affects the manufacturing processes indirectly. To mitigate the global competition, the company has to introduce more efficiency and effectiveness in the manufacturing process. According to Australian Competition and Consumer Commission (n.d.) the factors affecting the manufacturing processes are inefficiency of the processing plants to produce more goods. Also, there is lack of transparency or accountability in pricing and the processors are unable to negotiate with the farmers thereby causing disruption in the supply of milk for the production of cheese. Another constraint in the development of the manufacturing process is low productivity of the animals to produce milk. There has been a decline in the contribution of the animals to yield milk in the recent years. Also, machine milking of these animals was not practiced till recent times. The challenges faced by the manufacturing processes in Bega Cheese Limited are lower quality and lack of infrastructure. Although the produced milk is reasonably hygienic but there is lack of infrastructure for handling it. There is inefficiency of cold storage and inappropriate arrangements to obtain quality milk from the producers. Furthermore, the milk produced from the buffaloes has different constituents from that produced from cows. So, technologies developed to manufacture the dairy products from cows milk cannot be implemented to buffalos milk without effective modifications (Guth, 2017). Additionally, with the changes in the target markets, there is a need to modify the manufacturing processes accordingly. With the increase in the life expectancy, number of older population has increased, so there is an increasing demand for special nutritional products. With the growing automation and changing methods of cooking in the kitchens, there is a need for manufacturing new and innovative dairy products to match the needs of the changing demands of the consumers (Bhattacharya, 2014). With the increasing awareness about the safety and hygiene of the products, the quality has to be maintained along with the price. Also, a remarkable growth has been projected for the convenience foods by the analysts. With the increasing awareness about the health, consumers are demanding for products which have high nutritional value but are low in fat. So, the manufacturing processes are to be modified accordingly. Also, the urban customers are demanding products with longer shelf life. All these trends indicate that the manufacturing processes of the dairy products demand innovations in their manufacturing styles (Kurajdova and Petrovicova, 2015). Appropriate training of the human resources is necessary for up gradation of the manufacturing processes according to the changing trends of the market. Besides this, Bega Cheese is facing certain challenges in the production of cheese and other dairy products such as implementation of cost effective and modern technologies to manufacture good quality products , diversification of the range of products , improvement and up gradation of the useful life of the products, evolution of proper systems of packaging, arrangements for storage, certifications of food safety, transportation and preservation of the food products sent for sale, government legislations, proper disposal of industrial waste, efficient management of resources and energy and customer services . Elimination of Wasteful Processes for Cost Reduction by Applying Lean Manufacturing Principles According to Manzouri et al. (2014) the lean management process consists of quality development, process focus, continuous improvement, value stream management and worker empowerment. The goal of lean management principle is to fulfill the consumer to the fullest through elimination of wastage in the production processes. Reduction of wastages can be considered in the human resources, production design processes, distribution and inventory procurement and storage sections. The Lean management principles can be divided into six areas viz process and equipment, manufacturing, planning and control, human resources, product design and customer and supplier relationships. Thus lean management principles comprise of problem identification, analysis to the cause of problems and resolving the identified problems. Bega Cheese Limited should implement principles such as Just In Time (JIT) which will help the company to procure as much resources which are needed. It will help in reduction of wastage of financial as well as material resources. As the company will purchase only the required resources when needed, less inventory will be kept idle in the warehouses thereby reducing the cost of production (Sathiyabama and Dasan, 2013). The number of resources should be kept as minimum as possible. For example, the number of suppliers should be less and stable. Bulk purchases should be procured from the suppliers so that the raw materials can be purchased at low prices thereby increasing cost effectiveness. Also, it can adopt other techniques such as Total Quality Management (TQM) which is a management approach to improve the processes, production, services and the overall work culture of the organization. By following this principle, the members of Bega Cheese can participate in upgrading the production processes by using strategy data and effective communication to integrate quality discipline into the undertakings and values of the organization (Malathi and Prasad, 2017). This approach is customer focused, process centered, needs involvement of the employees and a fact based decision making method to improve the supply chain of the company. Another method of lean management principles is Total Productive Maintenance (TPM) which is a holistic approach to equipment maintenance to accomplish the desired production. It emphasizes on no breakdowns of machinery, focuses to enhance the efficiency of the machinery along with valuing a safe working environment. It aims at proactive and preventive maintenance of machinery to increase its operational efficiency. Thus, the implementation program of TPM in Bega Cheese shall ensure the shared accountability and greater involvement for equipment maintenance by the plant floor workers. It can help in improving the productivity by increasing the up time; reduce cycling times and eliminating defects in the machinery (Madanhire and Mbohwa, 2015). The members in the supply chain should implement the lean principles to improve their internal activities in the first place. They should apply these principles to improve the product quality and reduce the procurement and transportation costs. They should further generalize these developments in all levels of the supply chain. Thus all the methods and procedures should be applied on the basis of overall supply chain benefits. The management of Bega Cheese should cultivate systematic thinking to improve the manufacturing processes such as improving the genetic development and preservation of the nationally important breeds through selective breeding in their domestic areas to increase the milk production capacity and draught ability (Hartman, 2015). Through genetic developments in the tolerance power, disease and pest resistance in higher yielding animals and pasture management can enhance the milk yielding capacity in the animals. The company needs introduce improvements in its productivity by reinforcing the use of frozen semen technology, embryo transfer technology and cloning of embryos through biotechnology. Additionally, the company should adopt benchmarking best practices by innovating new technologies to produce products which meet the changing demands of the customers. To address this, research and development interventions and newer developments in the dairy processing areas can be utilized to enhance the processes for production of traditional milk products. According to Garnier, Valence and Mounier (2017) in order to resolve the problems related to contamination of dairy products and to increase their shelf life, technologies such as air filtration and decontamination systems, inactivation treatments, controlling of temperature and modified atmosphere packaging should be adopted by the company to increase the productivity and to cater to the changing needs of the customers. Besides this, an energy cost is a crucial aspect in determination of production cost. It can be reduced by adopting non-conventional sources of energy such as heat pumps, condensate recovery systems and regeneration. Thus the adoption of the lean management principles can certainly improve the performance of the company (Arslankayaa and Atay, 2015). Conclusion Thus to conclude, it can be said that the ultimate goal of lean management principles is to eliminate wastage and increase the productivity of the manufacturing processes. To implement this, the bench marketing of the best industrial practices should be done by providing the training courses and developing adequate skills and expertise among the human resources of the company. Also, conducting regular meetings of the people involved in supply chain to enable effective decision making .These endeavors will make the employees feel accountable for the activities which will minimize system failures. Implementation of proper IT infrastructure is crucial to help in forecasting demands, developing standard products and decreasing human errors pertaining to the manufacturing and packing processes. References Adriana, M. and Ioana, A. (2014) The Traceability Study in the Process of Manufacturing the Cheese with Romano Hard Paste. Management of Sustainable Development. 6(2), pp. 75-77. Arslankayaa, S. and Atay, H. (2015) Maintenance management and lean manufacturing practices in a firm which produces dairy products. Procedia - Social and Behavioral Sciences .207 (2015), pp. 214 224. Australian Competition and Consumer Commission (n.d.) The Australian dairy industry [online] Available from: https://www.accc.gov.au/system/files/Farmer%2520Power_0.pdf [Accessed 20th March, 2018]. Australian Water Recycling Centre of Excellence (2014) Managing the Long Term Impact of Water Recycling on Irrigated Dairy Farms: The Bega Cheese Case Study [online] Available from: https://vuir.vu.edu.au/32266/1/Bega%2BIntegrated%2BReport%2B-%2BFINAL.pdf [Accessed 20th March, 2018]. Bajrami, E., Wailes, E.J., Dixon, B.L., Musliu, A. and Morat, A.D. (2017) Factors affecting the technical efficiency of dairy farms in Kosovo. Journal of Central European Agriculture. 18(4), pp.823-840. Bega Cheese Limited (2016) Annual Report 2016 [online] Available from: https://www.begacheese.com.au/wp-content/uploads/2012/10/00-Bega-Cheese-2016-Annual-Report_interactive.pdf [Accessed 20th March, 2018]. Bhattacharya, S.(2014) Conventional and Advanced Food Processing Technologies. John Wiley Sons. Business Chief (2018) Bega Cheese Ltd [online] Available from: https://anz.businesschief.com/company/29/Bega-Cheese-Ltd [Accessed 20th March, 2018]. Dairy Australia (2018) Production summary [online] Available from: https://www.dairyaustralia.com.au/industry/production-and-sales/production-summary [Accessed 20th March, 2018]. Elms, D.K. and Low, P. (2013) Global Value Chains in a Changing World. World Trade Organization. Garnier , L. , Valence , F. and Mounier. J. (2017) Review Diversity and Control of Spoilage Fungi in Dairy Products: An Update. Microorganisms .5(42), pp. 1-33. Gitau , K.J.(2013) Factors Influencing Milk Production Among Small Scale Dairy Farmers in Mirangine in Nyandarua County and Mauche in Nakuru County, Kenya [online] Available from: https://erepository.uonbi.ac.ke/bitstream/handle/11295/60135/Gitau_Factors%20influencing%20milk%20production.pdf?sequence=3 [Accessed 21st March, 2018]. Guth, M. ( 2017) Determinants of milk production in FADN dairy farms in the regions of the European Union with predominance of intensive production in 20111. Management. 20(2),pp. 473-486. Hartman, B.(2015) The Lean Farm: How to Minimize Waste, Increase Efficiency, and Maximize Value and Profits with Less Work. Chelsea Green Publishing. Kurajdova, K. and Petrovicova, J.T. (2015) Literature Review on Factors Influencing Milk Purchase Behaviour. International Review of Management and Marketing. 5( 1), pp.9-25. Madanhire , I. and Mbohwa, C.(2015) Maintenance Technology Tools to Improve Plant Availability for Dairy Industry: Case Study. Proceedings of the World Congress on Engineering 2015. [online] Available from: https://www.iaeng.org/publication/WCE2015/WCE2015_pp933-938.pdf [Accessed 21st March, 2018]. Malathi,G. and Prasad, R.S.R.(2017) Total Quality Management in Indian Dairy Industry (A Comparative Study on Select Units in Dairy Industry). IOSR Journal of Business and Management (IOSR-JBM).19(6), pp. 13-17. Manzouri, M., Rahman, M.N.A., Zain, C.R.C.M. and Jamsari, E.A. (2014) Increasing Production and Eliminating Waste through Lean Tools and Techniques for Halal Food Companies. Sustainability. 2014(6), pp. 9179-9204. Muehlhoff, E. , Bennett , A. and MacMahon , D.(2013)Milk and Dairy Products in Human Nutrition .Food and Agriculture Organization of the United Nations. PWC (2011) The supply chain and major stakeholders [online] Available from: https://www.pwc.com.au/industry/agribusiness/assets/australian-dairy-industry-nov11.pdf [Accessed 20th March, 2018]. Sathiyabama, C. N. and Dasan, P. (2013) Optimum Resource Allocation and Eliminating Waste Inside the Food Industry. Central European Business Review. 2(2),pp. 31-44. Schirone, M., Visciano, P. , Tofalo, R. and Suzzi, G. (2017) Biological Hazards in Food. Frontiers Media SA. Tamime, A.Y.(2017) Microbial Toxins in Dairy Products. John Wiley Sons. Vignesh, J. and Kumar, V.B.(2015) Implementing of Lean Manufacturing Tool In Dairy Industry: A Review. International Journal of Innovative Research in Science, Engineering and Technology. 4(3),pp. 50-54. Yazdaninasab, A. and Sabaghi, M.A.(2016)Factors affecting the dairy industry's products export in Iran. International Journal of Advanced Biotechnology and Research (IJBR).7(4), pp. 26-30.

What History Is To A Nation, Memory Is To The Individual. Both Serve T

What history is to a nation, memory is to the individual. Both serve to locate us, to tell us who we are by reminding us of what we have been and done. And both, as Kazuo Ishiguro suggests, are open to selection, repression and revision. The Remains of the Day, Ishiguro's third novel, examines the intersections of individual memory and national history through the mind of Stevens, a model English butler who believes that he has served humanity by devoting his life to the service of a great man, Lord Darlington. The time is 1956; Darlington has died, and Darlington Hall has been let by an American businessman. As Stevens begins a solitary motor trip to the west country, traveling farther and farther from familiar surroundings, he also embarks on a harrowing journey through his own memory. What he discovers there causes him to question not only Lord Darlington's greatness, but also the meaning of his own insular life. The journey motif is a deceptively simple structural device; the far ther Stevens travels from Darlington Hall, it seems, the closer he comes to understanding his life there. But in Stevens's travel journal Ishiguro shapes an ironic, elliptical narrative that reveals far more to the reader than it does to Stevens. The butler believes, for instance, that he makes his trip for professional reasons, to persuade a former housekeeper, Miss Kenton, to return to Darlington Hall. But through deftly managed flashbacks and Stevens's naive admissions, the reader sees instead that the matter is highly personal: Stevens had loved Miss Kenton but let her marry another man; he now wishes to make up for lost time, to correct the mistakes of his past. More important than that veiled love story--but intimately connected with it--is the matter of Lord Darlington, and the degree to which Stevens's sense of self is founded upon his belief in Darlington's greatness. It becomes clear enough to the reader, though Stevens is long in admitting it to himself, that Darlington h ad been a political pawn of fascism and the Nazis--unwitting perhaps, misguided no doubt, but hardly the great man that Stevens had deceived himself into believing he served. These revelations are made through a delicate and powerful process: as Stevens's journal shifts between travelogue, personal memoir and reflections on his profession, his memory slides continually between Darlington Hall in the ruined, empty present, the height of Darlington's influence (and Stevens's pride) in the 1920s, and the tense, disturbing pre-war 1930s. Carefully elided from consideration, repressed and hidden, are the war years themselves and their immediate aftermath. We know they are there, of course, and we may guess what they meant at Darlington Hall, but Stevens's memorial archaeology leaves that particular tomb unexcavated. In the end, Stevens must come to some sense of resignation and resolution, both about Darlington and about himself. The source of Stevens's pride is also, after all, potentia lly the source of his shame. He was willing enough to shine in the light of Darlington's greatness, and now must either share in his disgrace, or--what is perhaps more difficult--admit that his own dedicated and deeply considered professionalism has had no real part to play on the stage of world history. Like all great novels, The Remains of the Day is an organic work, its parts perfectly integrated, every scene imaging the whole. In his carefully controlled prose, so perfectly suited to his narrator, in his effortless movement among several different time settings, in his almost magical evocation of simultaneous humor and pathos, Ishiguro proves himself a masterful artist in full command of his elements. And in this novel, those elements combine to form a profound psychological and cultural portrait that reveals the author's great abiding theme: the art and artifice of memory

Benefits of Chase Banking Essays - Financial Services, Finance

Benefits of Chase Banking Essays - Financial Services, Finance Benefits of Chase Banking Drawbacks of Chase Banking To open an account, you need to meet the $25 minimum deposit requirement. There is a $12 monthly service fee, but you can get this fee waived if you do at least one of the following: Have a direct deposit totaling $500 or more made to the account. Meet a minimum daily balance of $1,500. Maintain an average daily balance of $5,000 or more in qualifying linked deposits or investments. Benefits of Bank of America Banking Drawbacks of America Banking Fraud monitoring and $0 liability protection in the event your card or information is used without authorization. Bank of America Checking account customers can avoid paying overdraft fees when money is transferred from linked account, such as Bank of America savings, line of credit or secondary checking account. Monthly maintenance fee waived for students who are 23 and younger. Access to thousands of branches and ATMs across the country. Higher interest rate - up to 0.06% APY - for Money Market customers enrolled in the Preferred Savings program. Waved monthly maintenance fees if certain conditions are met. Overdraft protection of checking accounts through linked savings accounts. Flexible terms, deposit requirements and rates available. Several CD options to choose from. Bank of America credit cards offer a variety of advantageous features including: No annual fee Low introductory APR on balance transfers. No foreign transaction fee Low introductory APR on purchases Preferred rewards. To open an account, the Core Checking account requires a minimum of $25, whereas the Interest Checking account requires a minimum deposit of $1,500. Monthly maintenance fees charged if minimum balance requirements aren't met. Lower rates than what other banks offer. Low rates with other CDs, such as Sallie Ma's 1.8% APY Benefits of Wells Fargo Drawbacks of Wells Fargo

Dark side of Technology video Movie Review Example | Topics and Well Written Essays - 500 words

Dark side of Technology video - Movie Review Example He also looks at nuclear bomb development and how this technology has developed over the past years as well as the problems arising from it. He finally highlights the effects of global warming, which are mainly caused by development of technology and the impact it can have on the future of the human race. I agree with his position mainly because of the possibilities that he cites according to various categories of technological tribulations. According to the video clip, the speaker talks about the possibility of deadly viruses being converted into weapons and this is becoming an ever-increasing threat with development of technology. The fact that the genomes of these viruses are easily available on the internet is a threat in itself because it takes a simple download button and one has the core component of creating this virus. The sequences of deadly virus genomes such as anthrax are readily available on the internet and this itself makes the internet an open source of unlimited threat. Technology also has seen the improvement of research methods and the possibility of the creation of a super virus that has the potential of wiping out the human race. It should be noted that this problem cannot be overlooked. Nuclear energy has also seen a major improvement in technology in recent times especially in the area of nuclear weapons production. The latest technology, whereby, laser beams are used to enrich uranium has the po tential to be developed in the coming years such that it will be inexpensive thus making it accessible to many countries. One can only wonder what would happen if a majority of countries had nuclear weapons and a world war happens to break out. That thought is enough to provoke the thought of the possibility of human extinction. The other negative effect of technology development in the form of global warming has seen the rise of sea levels and in the near future, there will be a possibility of dry land being immersed in water

Marketing Plan for Polo Ralph Lauren Research Paper

Marketing Plan for Polo Ralph Lauren - Research Paper Example Luxury goods companies like Polo Ralph Lauren (RL) know the value of advertising in lifestyle magazines even if many who read it are not buying from exclusive advertisers. These so-called non-users of the luxury products advertised represent a key audience who may not be able to buy the product now, but would at least know what it is and feels aspirational towards it, so that those who buy know that others think very positively about it. The role of promotions is along similar lines: it helps increase awareness of the product image among key customers and non-customers alike. If sufficiently attractive in the form of sales discounts through alternative distribution and selling channels, promotions can drive increased traffic through the stores, so that those who could not afford the product may be able to do try it out, which accelerates an increase in the brand's aspirational value that may lead to higher sales in the future.2 Developing an integrated marketing communications (IMC) plan for RL's fragrances is a strategic and dynamic process3 that requires knowing the corporate and brand mission, values, and needs to "create resonance and consonance in terms of brand identity".4 Knowledge of the corporate and brand strategies is crucial to establish the solid foundations on which the IMC plan must stand to "deliver clarity, consistency, and maximum impact".5 Polo Ralph Lauren's over-all brand strategies, missions, values, and needs are... These ten keywords and phrases summarize the brand boundaries for the IMC plan being drafted for fragrances, which is the object of this report. In addition, the following strategies7 and the competitive analysis (see Tables 1 to 3) summarized in the next section provide key information for developing the IMC plan: 1. Grow share of fragrances from 8.32% (2006) to 10% of revenues in 2007 by generating sales of $604 million, up from $441 million. 2. Drive traffic to new stores by targeting the youth and under-40 markets in Europe, Asia, and the U.S. to maintain at least 15% contribution to total revenues from this growing market. 3. Grow European (14% of total) and Asian (13% of total) markets by 14% in 2007. 4. Increase traffic to award-winning8 e-commerce site Polo.com by 14% from 1.6 million visitors monthly and 800,000 buying customers annually in 2006. Fragrance is an emotion. It is more than toothpaste, more than breakfast cereal. It must be advertised to bring out passion and emotion. The advertising and promotion plans should be consistent with these corporate and brand strategies and reflect Message and Planning Integration.9 Communication messages must use the same tone, product benefits, brand character, logo, theme line, etc. across all channels of communications. Communication efficiency must be maximized by integrating the messages and the multiple marketing communications channels used to deliver them. An integrated advertising and promotional campaign makes the purchase decision process easier if based on a deep understanding of aspirational needs and wants as consumers put these messages together and form

An Analysis of The Clod and the Pebble by Sir Francis Blake Essay Example for Free

An Analysis of The Clod and the Pebble by Sir Francis Blake Essay â€Å"The Clod and the Pebble† Sire Francis Blake compares selfish and unselfish love through interesting and thought provoking interpretations. These viewpoints are obvious through Blake’s indication of their states of innocence and experience. His first entity, which is a clod, says, â€Å"love seeketh not itself to please†(Blake 3). The second interpretation, which is given in the form of a pebble, reasons, â€Å" Love seeketh only Self to please†(Blake 11). The clod is depicted as a selfless, passionate emotion whereas the pebble is a vain, arrogant and selfish sentiment. We can assume that the author has a lot of experiences when it comes to love, possibly writing this poem in a period of romanticism, but cannot assume he is the speaker. The different perspectives of love in the poem lead the reader to believe that there are two speakers. The Clod may perhaps be of a feminine viewpoint, which is understandable after reading â€Å"Nor for itself have any care† and â€Å"Trodden with cattle’s feet†, where love is unselfish and sacrificial (Blake 2). The pebble gives off a sense of authority gained from experiences while it mocks the innocence of the clod. The abrupt use of â€Å"But† provides a change to the sweet and harmonious tones of the first stanza, while the phrase â€Å"a pebble of the brook† represents it is a hard and unmovable object, learned from its experiences. Specific words such as â€Å"care† used by the clod and â€Å"bind† used by the pebble are what make the feminine/masculine tones understandable. The beautiful and artful personifications of the content clod and pompous pebble create a clear understanding in contrasting the representation of the selfishness and selflessness of human nature in love.

The Global Financial Crisis Essay -- subprime mortgages, Great Recessi

1. Introduction 1.1. Background The Financial crisis was triggered in 2006 when US housing market began to crumble as the housing price reached their highest point after years of speculative price increase; many house owners defaulted on their loans, particularly subprime mortgagers (Archarya et al., 2009). Starting in mid-2007, the outburst of US housing bubble in the subprime mortgage leads to the global financial crisis that has been often so called ‘Great Recession’ (Verick and Islam, 2010). Archarya et al. (2009) states that it is widely agreed that the fundamental cause of this global financial crisis was the credit boom and the housing bubble. While Poole (2010) argued that it is a mistake to only take subprime mortgage issue as a unique reason of the crisis. With regard to the root causes behind the subprime mortgage issue, Verick and Isalam (2010) suggested below four factors that are low interest rate allows banks to search for high yield investment with high risk such as subprime mortgage (Crouhy et al. 2008); global imbalances between US the excessive consumption by depict and China the excessive saving by surplus fuelled the housing bubble and credit boom, it is closely connected with financial crisis (Obstfeld and Rogoff, 2009); misperception the risk of the subprime mortgage defaults; loose financial regulation that failed to control the standards in the mortgage market, and this point is supported by Crotty (2009) that regulators allow banks to hold assets o ff balance sheet without capital requirement to support them. After this introductory section, section 2 discusses the impact of recession on customer behaviour; section 3 presents an analysis on how does the recession affect the companies’ profitabilit... ...une. Available at: http://www.tradewindsnews.com/weekly/w2009-06-26/article200083.ece5 (Assessed on: 30 November 2013) Vaitilingam, R., (2009). Recession Britain: Findings from Economic and Social Research. [Online] Available at: http://www.esrc.ac.uk/_images/Recession_Britain_tcm8-4598.pdf (Assessed on: 24 November 2013) UNCTAD, (2010). Review of World Maritime Transport 2010. [Online] Available at: http://unctad.org/en/docs/rmt2010ch3_en.pdf (Assessed on: 5 December 2013) Verick, S. and Islam, I., (2010). The Great Recession of 2008-2009: Causes, Consequences and Policy Responses. [Online] Available at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1631069 (Assessed on: 21 November 2013) Yang, D., Liu, M.J. and Shi, X.N., (2011). ‘Verifying Liner Shipping Alliance’s Stability by Applying Core Theory’. Research in Transportation Economics, 32(1), pp. 15-24.

Marketing Across Culture Success or Dilemma Essay

Marketing across culture is one of the biggest issues which multinational companies have been confronting nowadays. Since marketing is an important factor for the propagation of a particular product or company, marketing plan should also be effective simultaneously. Every organization has to pay attention towards all the aspects which can make a marketing plan successful and ethical aspect is one of them. Since global marketing is a complex process, ethical issues like cultural diversity is one of the major reasons that can cause failure of marketing plan. Marketing across culture is basically defined as product or service promulgation beyond the borders. Since beyond borders, culture, lifestyle and audience get changed, the attitude of the people also gets changed simultaneously. (Hutterer 2006) So, it can be regarded an ethical dilemma to market the products on international level and for dealing with such situation, company needs to scrutinize interests, traditions and culture of the indigenous people. However, different organizations have developed dissimilar strategies in order to cope with such ethical issues. Reasons of this dilemma Cultural diversity is generated by dissimilarity between native culture and the culture beyond the borders. Since every society has its own culture, its audience also possesses dissimilar concerns, ideologies, concepts, principles and keeping all these dynamics under consideration, a marketing plan is developed so that it can come up with the requirements of that respective culture. (Hall & Hall, 1990) If the organizations neglect this aspect without considering the emotions and affiliations of its audience important, the result appears in the form of negative consequences. Since the main reason of this dilemma is dynamic nature of traditions, the organizations usually employ strategic plan keeping the regional aspects under consideration. However, in such cases, the organizations which assume theory of relativism are considered successful because it enables them to come up with regional cultural requirements. Since there are no absolute criteria for universal morality in this regard, this ethical dilemma has been solved using the utilitarian approach and the example can be taken from IKEA Inc. In Saudi Arabia, they have kept ethical and moral concerns in limelight while marketing their services and their apology for using female images in marketing transmedia can be taken as evidence in this regard. (Quinn 2012) Another reason why this thing is considered a dilemma is that marketing across culture makes it complex for the organizations to comply with the needs of customers since not only traditions, culture and thoughts of the audience change with the boundaries, but their taste and priorities also change simultaneously. For instance, McDonalds in India markets its products keeping the vegetarian audience under consideration while in other regions like USA, UK and Canada, they market their products through promulgating other additional factors. Hence, through this way, McDonalds not only keeps the cultural but also religious needs of its audience under consideration and this ethical aspect of its marketing plan makes it outstanding in one way or other. However, with the expansion of the business on global level and with the advancement in technology, marketing has become rather a technical yet interesting task and the reason behind this fact is the propagation of social media and similar other sources. These sources have made it ample easy to approach targeted audience yet the cross-culture issue is still persistent since these sources do not give any remarkable evidence regarding the cultural diversity and marketing plan. Comparatively, there are different other organizations like Air Asia which have been struggling with the ethical issue of marketing across culture. Though it has assumed different ethical approaches like absolutism, egoism etc in order to deal with its audience yet there is no remarkable progress in making its service a world popular one. However, there can be several strategic options available to deal with this issue of marketing across culture. Proposed solution: Different solutions for dealing with the issue of marketing across culture are as followed: Pluralism: The first solution in this regard can be given in the form of pluralism since it enables the organization to have an in-between path of utilitarianism and absolutism. (Hinman 2011) Some organizations use absolute ethics for marketing its products and some consider utilitarianism as the best source of marketing across culture but both of them might cause failure since no absolute policy or theory works when the regions are diverse and discriminate from each other. So, only an organization, who assumes theory of pluralism in order to deal with this global dilemma, can get successful position in global market. For this purpose, the organization can also do cultural analysis before marketing its product. Cultural analysis before marketing: This solution can be regarded one of the most significant steps in order to deal with the dilemma of marketing across culture. The reason behind this claim is that understanding the culture of the native people would not harm their feelings in any way. Suppose, if McDonalds never does cultural analysis in India and launches its products without differentiating vegetarian and non-vegetarian food, the result would appear in the form of violation of ethical code of that country. In such case, this organization would face severe opposition and there would be no profitability as well. So, another best solution to deal with this issue would be cultural analysis of the organization and before marketing a specific product or service in any region of the world, it is mandatory for it to analyze the potential market from cultural perspective. Change management strategy: Apart from assuming above given both solutions, the organization would also need to have caliber to adopt change management strategy since marketing across culture would need a severe change in the core marketing plan of the company. In such case, the company would have to deal with the internal issues as well and it can deal with this global ethical dilemma only if it would be able to deal with the internal issues of the organization. Through assuming all these three solutions, all the organizations aiming at expanding its services beyond borders can deal with the ethical dilemma of marketing across culture. Hence, only through dealing with ethical issues, the organizations can get successful marketing promotions throughout then world. References: Hall, E. T. & Hall, M. R., (1990) Understanding cultural differences. Yarmouth, Me.: Intercultural Press. Hinman, L. M. (2011) Ethics: A Pluralistic Approach to Moral Theory. Boston, MA: Wadsworth Pub. Hutterer, R. (2006) Marketing Across Cultures – Qoo an International Success Story? NY: GRIN Verlag Quinn, Ben. â€Å"Ikea Apologises over Removal of Women from Saudi Arabia Catalogue.† The Guardian. Guardian News and Media, 01 Oct. 2012. Web. 05 Jan. 2013. .

Wolfgang Amadeus Mozart A Influential Composer Of The...

Wolfgang Amadeus Mozart was brought into the world on January 27, 1756 in Salzburg, Austria.. Mozart was a prolific and influential composer of the Classical Era. His parents were Leopold and Maria Pertl Mozart. Mozart showed musical talent at a very young age. At the age of 5 mozart was composing minuets. At the age of 6 he played before the Bavarian Elector and the Austrian Empress. His father taught him, which teaching Mozart wasn’t hard because he knew a lot already, his father was his largest influence. In 1763, Leopold, took Mozart and his sister, Maria Anna, on a concert tour of Europe. The children performed in many courts and large cities including Paris, London, and Germany. They impressed their audiences everywhere they†¦show more content†¦So, he quit this job to travel to Paris with his mother and look for a new job. While with his mother he composed many works such as the Paris Symphony in 1778. During this time his mother had passed away , Made him ve ry mourningful and brought him into a state of depression. So much going on in his life at one time he eventually went to Salzburg in 1779 and was made the court organist. This is the part of his life that was rather boring but he still enjoyed making the Coronation Mass . He got a call from Vienna and this is where his career started to skyrocket because he was called by Von Colloredo . In Vienna his popularity and career was so great, that he winded up creating â€Å"The Abduction from the Seraglio. Some of Mozart’s most famous musical pieces are Die Zauberflote (The Magic Flute, 1791) www.youtube.com/watch?v=c0cKnC3UvWU Le Nozze di Figaro (The Marriage of Figaro, 1786) www.youtube.com/watch?v=io1TLkvQEHQ Symphony No. 40, 1st Movement Allegro www.youtube.com/watch?v=l45DAuXYSIs Mozart played two types of music. Chamber music and a specific one is string quartet. Chamber music is a form of instrumental music played by a small ensemble, with one player to a part, the most important form being the string quartet which developed in the 18th century, String Quartet is a chamber music ensemble consisting of first and second violins, viola, and cello. People who are fans of more calm slow paced music play and listen to