Monday, January 20, 2020

marketing case Essays -- essays research papers

Introduction:   Ã‚  Ã‚  Ã‚  Ã‚  Pfizer Inc. is a research-based diversified health care company with operations around the globe. Pfizer Inc. has three main business groups. They include the Consumer Health Care Group, U.S. Pharmaceuticals Group, and the Pfizer Animal Health Products Segment. For purposes of this case, we will discuss the Animal Health Products Group, where in 1998, accounted for twelve percent of the company’s revenues. Industry Background: The process for making beef begins with the ranchers breeding and raising cattle, in order to sell them to feedlots. The ranchers’ goals are to minimize death of the cattle, to breed low birth weight calves, to produce grade A choice beef, and lastly to produce calves that gain weight quickly. By the time the feedlots purchase the cattle, the more the cattle weights, the better. The next step in the process after the feedlots purchase the cattle is for the feedlots to sell the beef to the meatpackers. There are four main meatpacker companies that account for eighty percent of the entire industry. The meatpackers act as a middleman between the producer and the consumer. Since the majority of this industry is controlled by a few companies, this creates a problem because they act similar to a monopoly. Due to this monopolistic view, there is no free-flow of information throughout the supply chain and beef prices tend to be higher than they should. After the meatpackers have packe d the beef, they sell it to retail stores, which in turn sell the meat to us, the consumer. Industry Trends: There are a variety of trends that directly influence the beef industry. To begin, changes in consumer lifestyles include less time for home-cooked meals and society’s increased pressure for time; thereby, having a big impact on the decline of consumption of beef. In addition, consumers have increased dietary considerations for health and nutritional issues that lead them to consume alternative meat products like pork and poultry. Furthermore, the marketing strategies of the pork and poultry industry have done a better job advertising than the beef industry. Also, the pork and poultry industry have recently produced more ready-to-eat and branded products. Even with all of this new increased pressure on the beef industry by the pork and poultry industries, retail prices for beef have still remained high, yet ano... ...less today than ever before, beef will always exist, therefore, Pfizer products will be needed. An added reason for them to continue with their cattle/calve health products is due to the fact that Pfizer has already invested heavily in this industry and makes over sixty health products for cattle. Additionally, we also recommend that Pfizer maintain their strong market share by continuing to sponsor seminars, publish educational material, offer technical support and organize management programs for the health care of cattle. Conclusion   Ã‚  Ã‚  Ã‚  Ã‚  To conclude, the beef industry is currently experiencing a decline in demand, thereby directly affecting products sold to ranchers made by Pfizer’s Animal Health Group. This decline can be attributed to a variety of factors outside of Pfizer’s control, including social, economical and governmental issues regarding beef. Since Pfizer is limited in what they can do to increase beef sales, our proposal is for Pfizer to enter into making health products for poultry, given that this industry seems to be on the rise. However, at the same time, Pfizer should continue to be active in the beef industry to keep them at the top.

Sunday, January 12, 2020

Brand Audit Essay

The sole objective of this brand report is to know about the brand potency of Mobilink in the Pakistani market in comparison to other competing service providers. The other objective is to put a spotlight on the different cellular companies operating in Pakistan and the perception of the users about them. TARGET AUDIENCE: As far as the Mobilink is concerned, it has no specific target audience because it is catering the requirement of all the users through its different packages. Cell phone is a requirement of every one so it also  of several segments whether it is youth, ladies or corporate sector. Brand Positioning  makes sense to launch multiple products to cater to the requirements RESEARCH METHODOLOGY: INTRODUCTION: The purpose of the research methodology is to carry out different methods of research to accomplish the set research objectives pertinent to the brand tracking. For that purpose, a set of questions have been made to inquire and analyze the responses of the  respondents. RESEARCH METHODOLOGY: The research methodology used in this brand tracking is qualitative as well as quantitative in which we have not only used a questionnaire to know the responses of the respondents of the sample group but also open ended questions asked from a set of respondents at mobilink franchises to get a more flexible response from the respondents. Secondary research methods are also used to get the information regarding the competitors and Mobilink to get to know the market structure and the standing of the cellular companies in it. Triangulation  and secondary research to find the parity in results. SAMPLING DESIGN: The target population belongs to every segment and class of life because cell phone users belong to every class of population and we method is used to cross check the results from qualitative, quantitative  cannot discriminate the target market based on SECs. Subsequently, the sample selection is random and random sampling method is used for sample selection to get the feedback of the users from all the classes. The sample size used for the questioning consists of 250 respondents. RESEARCH INSTRUMENTS: The instrument used for the research in this brand tracking activity is primarily a multipurpose questionnaire which comprises of open and close ended questions not only to help in the quantitative research but also in the qualitative research as well. It consist questions pertaining to the brand associations, brand recall, brand image, projective responses and brand values. The reliability of the instrument is measured through the triangulation method by comparing the results of all three research methods. PROCEDURES: The data collection is through the questionnaire from a sample group of 250 respondents. The screening of the information acquired from  entry. All the information from the responses is entered as per the frequency of respondents against the questions. These respondents is done manually using MS Excel as a tool for data. The objective of this brand audit report is to measure the brand potency of Mobilink in line with the competing brands. The specific issues faced by the brand in terms of market conditions, saturation in the cellular market and the overall recession in the economy will also be taken into account while studying the brand. Also, what subproducts fall in the generalized master brand i.e. Mobilink and to which segments these sub-brands are catering to.  When speaking of the target audience for Mobilink, we should keep in mind that in the world of today, cell phone is no longer a luxury as was the case in 90s but now, it has become a necessity for everyone. So when we speak of cell phone target market, we speak of all the socioeconomic classes from A to E. The brand audit is limited to Karachi only because of limited time and resources. But, in order to get a  are covered with a dynamic sample population to get diverse views about the brands so as to get a better and augmented underst anding of the market perceptions about the brands. The approach used for brand audit is mainly the survey through set questionnaire and secondary research methods regarding their inputs on brand imagery & usage, brand recall, brand perception, brand loyalty and brand awareness. BRAND BRAND (SELF ANALYSIS): Pakistan Mobile Communications Limited, better known as Mobilink GSM, is a telecommunication service provider in Pakistan. The company is Pakistan’s leading cellular operator with a subscriber base of 31.5m and market share of 31% in October 2010. Mobilink’s Head office is located at Mobilink House, 1-A Kohistan Road, F-8 Markaz Islamabad. Mobilink’s corporate postpaid package is sold under the brand name â€Å"Indigo† and prepaid by the name of â€Å"Jazz†. Mobilink started operations in 1994 as the first GSM cellular Mobile service in Pakistan by MOTOROLA Inc., later it was sold to Orascom, an Egypt-based group is diversifying its service portfolio by setting up new businesses and also expanding through acquisitions. Recently, they started offering DSL broadband through a wholly owned subsidiary, Link.Net. Additionally, the company has also launched its wireless broadband   service through WiMax based technology under the label of ‘Mobilink Infinity’. Technology is backed by Alcatel, and company is using a ZYXEL Customer Premises equipment. BCG GROWTH-SHARE MATRIX Companies that are large enough to be organized into strategic business units face the challenge of allocating resources among those units. In the early 1970’s the Boston Consulting Group developed a model for managing a portfolio of different business units. The BCG growth-share matrix displays the various business units on a graph of the market growth rate vs. market share relative to competitors. OF  SBUSCLASSIFICATION These packages are low growth, high share products. These established and successful SBUs need less investment to hold their market share. They produce a lot of cash to support the other SBUs that need investment. These packages are low share in high growth markets. They require a lot of cash to hold  their share. Management needs to think hard about question marks it should  try to build into stars or should be phased out.  It is low growth, low share product. It may generate enough cash to maintain itself but do not promise to be large source of cash. PRICING STRATEGY OF MOBILINK: Mobilink was offering Jazz connection for about 3000 rupees 5 years passage of time now Mobilink is offering Jazz connections for about 100 rupees. In 2002 Ufone which is one of the leading competitor of Jazz introduced its prepay connection for about 2500 rupees. In 2005 Telenor came into existence in Pakistani market and offered its connections for about 500 rupees. Then in 2005 Warid also entered the market offering its connections for 250 rupees. In this way price war   ago. Its market oriented statement is â€Å"Aur Sunao† But through the started between these telecom brands in the market. Previously it was Jazz’s oligopoly as they offered their prices. In 2005 Jazz offered a Cellphone plus connection and prepaid card implementing a productbundle pricing strategy for creating more attention and attraction. The major shift in the pricing strategy came in when they started 30.second operations using the promotional pricing strategy. In the early days Jazz was offering its sim-cards for a high-price using captiveproduct pricing strategy as its SIM-card is a main product that must be used along with the cell phone. Initially Jazz’s call rates and SMS charges were also reduced using discount and allowance strategy and initially directing towards promotional strategy as the competition between cellular brands in the market grew faster. Recently Jazz introduced its offerings of 0.99 per minute call rates in their â€Å"happy hour package† which represents their operations with the  promotional as well as psychological pricing of their services. Through its happy hour package they are also operating with promotional strategy as they are engaged in continuous promotion through their offerings. INDUSTRY REVIEWS In the era of globalization and information society, the fundamental role of telecommunication technologies cannot be underestimated. Although tremendous growth has taken place in the Pakistan telecom sector but most of it can be attributed to the cellular growth. Fixed line is still awaiting a takeoff. Similarly Value Added Services have grown introduced in the telecom sector some very positive impact have been observed on the growth of the sector in a short span of time which is expected to continue to grow for at least next five years if the daring investors influx continue as in the last 3 years. Our Industry already has LL (Local Loop), WLL (Wireless Local Loop), LDI (Long distance and but are still a drop in the bucket. Now that the competition has been   International), and ISP (Internet Service Provider) players and WiMax; 3G cellular systems are expected be a part of this Industry soon. The Pakistan market has reached 100 million subscribers landmark with cellular mobile tele density of over 60% (PTA press release Sep 2010).The growth slowed down in 2009 but has picked up again gradually. At 2006 year end the total subscribers were 48.2 million. In June 2007 the total mobile users reached over 63 million. Based on numbers published at PTA website for 2007, the total number of million, a teledensity of nearly 49%. In 2007 the average growth rate was about 2.5 million new subscribers each month! After second half of 2007 it seemed as if the growth had slowed down but overall it was fine. One remarkable achievement was by Zong (formerly Paketl) which  launched  very  successful. Telecommunication Co. Ltd (PTCL), is now under the control of Etisalat group of UAE. It has 20% of subscriber share and added the most lines (2.4 million) from 2006-07. Warid, owned by the Abu Dhabi group of the United Arab Emirates and sister of Wateen group is number 4 with 17.0% market of subscribers. Recently it sold 30% share to SingTel. Norway’s Telenor, a recent entrant with about a billion US dollar investment in Pakistan has been doing well, based on its recent earning report. It has about 24% of the market share. Telenor stock is listed in the Oslo stock market (TEL) and in US (TELNY.PK). CMPak (Zong brand), formerly Paktel, was the latest target of foreign acquisition. After it got acquired by China Mobile it was rebranded as Zong and launched one of the most successful and aggressive  campaigns. Within a matter of few months, Zong has achieved a 8 %  market share. CONSUMER ANALYSIS The Pakistani mobile users are more price-conscious but in cellular sector they also don’t compromise on the quality of voice. So, By taking the advantage of this consciousness of the users mobile operators re enhancing product offering in the form of low rate packages  and  network  expansion  by  installing  boaster. Mobile sector comes under verity seeking buying behavior by the buyer because it occurs under the conditions of low consumer involvement and significant brand difference. In this market, consumer has low involvement they perceive the brand benefits on the basis ultimate objective is to communicate to other at for off place. Buying is initiated by â€Å"communication purpose†. Everybody can enter in to buying process by need of communication. In the regard of this communication media vehicles play an important role in getting their service preferred by the users. These days there is a rush of packages   price, voice quality and coverage. The reason for this is that their   out in the market from the mobile service providers, targeting different market segments and offering all kinds of discounts depending on who you call or when you call. Off-peak timings have always been used by service providers to create interest and to lure customers. So, customer seeks indifference among services provided by these cellular operators and switch according to their desire. Factors that influencing on customer switch age to other operator of mobile network are, Price: Users use services of the operator to communication so on of the factor influencing the customer switch age is price. A person in this segment seeks the prices most important factor and operator of service are also offering verity of packages to make the customer attract. Where the price of any product is low people change their taste and divert towards that low price product. Quality: After the price people prefer quality of voice second because they are paying for the voice if the voice is not clear to them which they are paying for they defiantly they switch to other operators. Coverage: After the quality of voice second available factor for  customer switch age is coverage. Users perceive that the operator’s services are available to them where they visit. If they find signal problem they may switch to more coverage operator in the sectors Promotion: With promoting services that has factor too for consumer switch age. Fierce promotion leads an image in the mind of the consumers that company offers many servers and â€Å"a customer focus company†. MARKET Pakistan currently has one of the largest allies of young people in its history, with approximately 25 million people between the ages of 15 and 24. Target market group of cellular sector ranges from 15 to 64 percent which according to demographic profile of Pakistan consist of 56.9% (male 48,214,298; female 46,062,933) of total population. As in the Buying behavior we have studied that Female and male both contribute into making decision for the purchasing of the brand. So the both genders would be in target market. In spite of this professionals are also Mobilink target audience. The Employment Status categorizes majority (45%) as employees followed by own account workers (42%).  About one in ten workers (11%) are reported as unpaid family workers and one & a half percent as employers. As far changes in the comparative periods, unpaid family workers fall by some fractions, employees indicate some increase while own account workers and employers remain on the same level. In the buying and sales of  rise of urban consumerism, global corporate such as Unilever, P & G, GlaxoSmithline and many small & medium enterprise and local  national companies emerges both manufacture and sell their products Mobilink brand also depends on these customers too. Along with the   in Pakistan. In manufacturing and natural resources, Shell and BP are present in addition to the Pakistani state oil company. Honda, Nissan and  Suzuki are among international automotive manufacturers with plants in Pakistan. Mobilink fulfill needs of these local MNC’s local national and SME’s firms by providing them special service package Brand Inventory COMPETITOR’S ANALYSIS COMPETITIVE COMPARISON MATRIX Bring innovation and VAS and data services to increase revenue Market Growth and industry expansion Threats †¢ Recession in economy. †¢ Rapid change in consumer demand. †¢ Inconsistent and adhoc decisions from regulatory authorities. †¢ Political Instability, Security issues. †¢ Adverse shifts in trade policies of government. †¢ High taxation rate of activation tax is causing a slowdown in consumer growth especially all in rural areas. †¢ Price competition †¢ Larger competitors network coverage †¢ Strong advertisement and media presence of competitors †¢ Entrance of new competitors like Zong. †¢ Presence and the acceptability of competitor brand like Telenor and Ufone Strengths: †¢ Leveraging brand equity from international corporate â€Å"Abu Dhabi Group† †¢ Having modern network capabilities in respect of infrastructure. †¢ Financial strength of share holder and their telecom expertise ‘Warid international† †¢ Large Post paid based generating high ARPU †¢ State of the art IP based contact center and leading data center †¢ It has technical partnering involving â€Å"SingTel†, â€Å"Nokia† and â€Å"Wateen†. Weaknesses: †¢ Need to expand network coverage. †¢ Need to increase brand awareness and improved market positioning †¢ Lack of proactive churn management and stimulate programs to address inactive subscriber Page 20 of 28 Brand Positioning COMPETITORS SWOT MATRIX Low promotional packages activities The product line is too narrow. Strengths: †¢ Subsidiary of PTCL. †¢ Stream line benefit. †¢ Knowledge about country culture. †¢ Experience Variety of †¢ Value Added Service †¢ Broad market coverage. Weaknesses: †¢ Stagnant Profitability †¢ Low market share as compare to competitor (Mobilink). †¢ Overly Dependent on PTCL Strengths: Superior infrastructure & technology in PAKISTAN Have a very strong financial. They have the ability and resources to hire skilled engineers. Large number of Subscriber Weaknesses: Low market share as compare to competitor (mobilink) Limited coverage due to newly introduce in the market Signal problem due to limited network Strengths: World biggest network A product of China Mobile Company. Page 21 of 28 Brand Positioning Leverage financial resource from CMC Experienced administration Weaknesses: †¢ Low market share as compare to competitor †¢ They are unable to improve the network means that they are not using their resources. †¢ There is the diversion of customers towards other brands due to connectivity issue BRAND INVENTORY BRAND ELEMENTS: Brand elements consist of brand name, color, Urls, symbols slogans, sound and jingles through which one brand is differentiated from other brands. Brand Name: Mobilink Urls : http://www.mobilinkgsm.com Logos and Symbols: Slogans: Apna Hai Purple and Whitish Purple CORE BRAND VALUE Page 22 of 28 Brand Positioning Colors: Quality: Mobilink Telecom has an uncompromising commitment to quality in this regard. that is why they spare no efforts in pursuing the best in network‚ services‚ product offerings. Innovation: For years‚ people complained of the same things on mobiles. At coverage‚ they are constantly look to make the communication experience different by doing things in a better way. They already introduced 3G supportable system for being see the need of this in the near future. For seeing the growing trend of SMS usage Mobilink has introduces SMSC-less messaging infrastructure that controls the traffic of SMS and makes sure the delivery of messages without involving pending issues. Customer-Friendliness: They enjoy working and succeeding together by building close relationships. While they have a sense of purpose in their operations‚ they also have a strong culture that demonstrates to customers that â€Å"Reshaping communciation†. Mobilink considers the needs of customers first. Coverage: Mobilink has widest network coverage all over Pakistan. One can find the network if they go to northern areas or remote city of Pakistan Mobilink message are communicated through using all channels of media including building an identity for the corporation and brand, advertising campaigns, sponsorships, media relations (newspaper coverage, press releases, press conference before launching etc), point of sale material preparation (brochures, tariffs, flyers etc), website. Message delivered on electronic media through jingle and using celebrity endorsement. First ever add that comes in the electronic media is symbolize with rain season that bring hope and refreshment and new joy. Now a day it bran message come man through ball to boys who are playing Cricket symbolize that Mobilink is customer oriented and helping the customer in even small mattes. MARKETING PROGRAM Media: Mobilink has always tried to deliver truthful and interesting advertising to its viewers. Through these ads they are trying to convey the message that Mobilink is solely meant for the people’s benefit and convenience. They advertise through Channels like Geo Super Geo, hum TV and through News channels, PTV, ARY and, News 1 TV, Dunya News etc. Print media: Mobilink has designed attractive brochures for their customers. These brochures contain all the necessary information about their package deals and tariffs. Hence, making it easier for the people to know about the general prices and services offered. Sponsorship: Mobilink advertise through sponsorship in Golf matches, Mobilink agreement with PCB and Mobilink and Citi card launch. Also it got sponsorship with Pizza Hut. BRAND ASSOCIATIONS: These are the desired associations which Mobilink wants to create in the mind of customers. Brand Positioning Mobilink Voice Quality Premium Brand Network Coverage

Saturday, January 4, 2020

A Wide Array Of Risk Factors For Risk Among Older Client...

Among a wide array of risk factors for falls among older client with type 2 diabetes are the use of multiple medications, excess muscle weakness, especially at the ankle, and a host of environmental factors. Specific factors that significantly heighten risk among many with type2 diabetes are the presence of motor and/or sensory neuropathy, which increases the displacement of the center of pressure recordings during static balance tests in a dose dependent manner, the use of insulin, vision impairments, and the level of glycated hemoglobin. Others include lower levels of physical activity, and poor postural control or balance. As well, people with type 2 diabetes tend to be older rather than younger, and in addition to poor levels of neuromuscular control, may have diabetic foot ulcers, and high rates of body pain as well as foot pain that lead to the use of psychotropic medications and polypharmacology. Other factors include high rates of impaired vision, including poor low-contrast visual acuity and poor depth perception, lower limb amputations, vitamin D deficiency, and impaired renal function. Other factors include dementia, urinary incontinence, depressive symptoms, and mild cognitive impairment. As well a high consumption of medications, poorer walking performance, and reduced cognitive function, are mediators of falls in diabetics. Since peripheral neuropathy is seen in most diabetic client this may exhibit greater postural sway in standing or a slower than averageShow MoreRelatedCase Study Counseling Plan4198 Words   |  17 Pagesa Multi-axial diagnostic impression will be developed to classify the sexual dysfunction and specify sexual problems associated with the sexual response cycle. A treatment plan will be created with measurable goals. 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Friday, December 27, 2019

My Experience At Tuskegee University - 1658 Words

My experience began as early as college, when I used to volunteer with school going children in orphanages, and would advise them on the social problems they faced in school. That is when I decided that being a school counselor was the â€Å"perfect† job for me. Having started at an early age, I find that my expertise does in fact lie in helping students deal with social pressure, and helping them cope with the stress and frustration it brings. I have also been successfully able to help students improve their self-esteem by making them focus on past successes, so that they may be able to garner the strength for future aspirations. I don t think age has any role to play when it comes to warming up to students. As long as they can find a mentor, a guide and trust in someone, they are likely to open up to them. As I started my college career at Tuskegee University, where I double majored in psychology and English. 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He also uses the phrase â€Å"cast down your buckets† and stop hiring foreigners to do work blacks could do. His method fit many blacks who weren’t able to go to academic schools. W.E.B Dubois spoke from a northern black aspect that hadn’t experienced racism. It was when Dubois came to the south to study is when he experience true blatant racism. DuboisRead MoreEssay about Cultural Differences in the College Experience912 Words   |  4 Pagesdreaming about my future I disregarded my U.S history teacher as she began taking attendance. Should I attend Morgan State University, Tuskegee University, Howard University, Bowie University, or Jackson State University? These historically black colleges or universities (HBCU) all received applications for admissions from me early in my senior year of high school. Should I attend the University of Illinois in Urbana Campaign, Marquette University, or Northern Illinois University? These predominantlyRead MoreLiterature And The English Literature Essay1537 Words   |  7 Pagesschools and universities around the world. English literature is basically the study of literature that has been written in the English language. This form of literature expands past the most common American language and dates back to the Shakespearean and Renaissance timeline. English literature has progressed and taken many different forms over the years and constantly evolves numerous elements that makes it such an elaborate art. It all begins with an emotion, perception, or experience the authorRead MoreAfrican American Leaders Post- Reconstruction Essay1320 Words   |  6 Pagesâ€Å"If there be those who would not save the Union, unless they could at the same time save slavery, I do not agree with them. If there be those who would not save the Union unless they could at the same time destroy slavery, I do not agree with them. My paramount object in this struggle is to save the Union, and is not either to save or to destroy slavery. If I could save the Union without freeing any slave I would do it, and if I could save it by freeing all the slaves, I would do it; and if I couldRead More Booker T. Washingtons Influence on Historically Black Colleges1908 Words   |  8 PagesBOOKER T. WASHINGTON: THE AMBIGUITY OF INFLUENCE ABSTRACT My paper will discuss the continuing influence of Booker T. Washingtons writings on historically black colleges. While my paper will focus on the ways in which the historically black college continues to adhere to the model provided by Washington, it will also explore the ways in which it diverges from the early Hampton-Tuskegee ideal. According to James D. Anderson in The Education of Blacks in the South, both contemporary observers

Thursday, December 19, 2019

Financial Performance of Marriott Corporation Case Study

Essays on Financial Performance of Marriott Corporation Case Study The paper "Financial Performance of Marriott Corporation" is a perfect example of a case study on finance and accounting. Marriott International, Inc. is one of the leading hospitality firms with an estimated three thousand nine hundred properties around the world and 18 brands. Alice Marriott and J. Willard founded it. It is headquartered in Bethesda USA. In the 2013 fiscal year, the company earned revenues of almost $13 billion. This shows the company’s rate of growth has been satisfying. In 1987, the company’s sales increased by 24% while return on equity remained at 22%. The company deals in three divisions: contract services, restaurants, and lodging. The growth of the company is in line with its three main objectives of being the preferred employer, being the preferred provider and lastly being the most profitable company.What is the proper way for Marriott management to measure the firm's debt capacity?Measuring the debt capacity of Marriott Company involves eval uating the amount of debt the company can repay on time without forfeiting its financial capability. It involves determining the company's appropriate maximum value of long-term debt that could remain outstanding at a given time. When determining its debt capacity, the company should consider its cash flow, current assets, and fixed assets. In addition to this increase in interest rates of a company shares as well as the floating rates can also increase its debt capacity. Other methods that can be used to measure the company debt capacity include the company’s ability to pay above the government bond rates. The part of debt at a floating rate, the market value of its shares, the  fraction  at  fixed  rates as well as the credit  spread for the company as  a  whole could also be used to increase its debt capacity as well as motivate investors to lend the company some money.Has Marriott fully utilized its debt capacity?It is very hard to determine if Marriott has fully utilized its debt capacity. According to its chief financial officer, 74% of the company operating income would be provided for by the hotel management operations. The low volatility of cash flows coming from management contracts enabled Marriott Company to a higher level of debt capacity relative to cash flows that would not have been possible had the company had a bad debt capacity.   The company acknowledged the link between the debt capacity and the stability of cash flows in its financial statement. The statement states that the debt capacity of the firm is determined by the variability and amount of its cash flows’. A combination of high debt capacity and of low capital requirements enabled the Marriott family to maintain the control of the firm even though its revenue by 512% from 1980 to 1992.Repurchasing its own stockRepurchase of stock could lead to financing the firm, investing in the firm, controlling the firm as well as distributing shareholders. It can a lso be viewed as a way of using the company’s excess debt capacity. The company would be able to reduce the cost of equity financing. This is likely to enable the firm to reinvest in the company while at the same time increase its capacity to earn more profits in the future. Consequently, the corporation would determine the value of its share rather than depending on the market price of shares.

Tuesday, December 10, 2019

Illustrious Case free essay sample

The key inputs to implement a Material Requirement Planning come from three sources: a Bill of Materials (BOM), a Master Production Schedule and Inventory Records. The Bill of Materials contain information on every item or assembly required to produce end items, this includes raw materials, component parts, and subassemblies. The Master Production Schedule anticipates how much of each item is wanted and when is wanted. The Master Production Schedule is developed from forecasts and firm customer orders for end items, safety stock requirements, and internal orders. The Inventory Records provides information of how much inventory is already on hand or on order, and thus should be substracted from the material requirements. These records must be kept up to date. The outputs expected from MRP inlude three primary reports and three secondary reports. The primary reports consist of: planned order schedules, which outline the quantity and timing of future material orders; order releases, which authorize orders to be made; and changes to planned orders, which might include cancellations or revisions of the quantity or time frame. We will write a custom essay sample on Illustrious Case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The secondary reports include: performance control reports, which are used to track problems like missed delivery dates and stock outs in order to evaluate system performance; planning reports, which can be used in forecasting future inventory requirements; and exception reports, which identifies major problems like late orders or excessive scrap rates. The bills of materials for two finished products (D and E), inventory status, and other relevant information are given below. Compute the planned order releases and projected on-hand inventory balances for parts D, E, and F.

Tuesday, December 3, 2019

The Perception of the Self according to Socrates

The perception of the self, according to Socrates explains the nature of man and the rationale on which man thinks. Socrates believed that, man is a product of his thoughts. Socrates questioned the way we attach importance to what people say without understanding the principle of individual thinking.Advertising We will write a custom essay sample on The Perception of the Self according to Socrates specifically for you for only $16.05 $11/page Learn More The capacity of a man is a product of the self in him; this formed the basis of Socrates argument. He emphasized that; man must believe in his or her principles and should not follow the wagon effect of the society. We find ourselves in situations that will require our careful examination, but we often accept what people say on the issue. Socrates proposed that logical thoughts would be more productive than accepting a patterned way of doing things. The product of logical thinking is a patterned thought w hich is not influenced by the majority. To further his arguments, Socrates proposed a method of logical thinking. He believed that this would help each person evaluate his or her actions and thoughts based on the strength of logical thinking (Noe 4). Critically examine people’s comment and assumption: The common belief should be subjected to examination. The belief that it pays to work hard or that marriage makes a man responsible. Put forward a reversal to these statements: It is true that the society follows fashioned assumptions. One should be able to find a reversal to these assumptions. Provide a proof that man can be responsible without being married, and show that hard work do not always pay in the end. These reversals to a patterned way of life will help an individual build his or her confidence. There are no credible statements than yours: When you are able to fine the reversals to the statements, you will conclude that many statements and assumptions are misleading . This will help you build your confidence in logical thinking. Formulate your statements from observations: The examination of logical thinking will provide the basis of new statements. Marriage can make a responsible man live happily and wrong work is different from hard work. Develop yourself: Make it a habit to always examine the statements of people and find the reversal to those statements. The strength of a man is weighed by his actions and statements; this is the defining principle on which we must stand. Socrates argued that philosophy can be analyzed not only by the elites, but by the common man. The ability to make a statement devoid of what people think or say is a product of self. Socrates emphasized that the human soul is immortal and is a product of different perceptions. Socrates believed that the human soul exists in two forms; the transformation realm and the constant position. The evil in the human mind is a product of the benefits he or she imagined. An individu al will act based on his or her perceived thoughts which is based on what good he or she will derive from the action (Noe 3). In conclusion, we are what we think of ourselves and we must act accordingly. Socrates provided examples to show that philosophical thinking can be done even by the common man. Logical thinking is the ability to examine each statement independently not minding the opinion of the majority. Works Cited Noe, Alva 2009, Direct Perception. PDF file. Web.Advertising Looking for essay on philosophy? Let's see if we can help you! Get your first paper with 15% OFF Learn More This essay on The Perception of the Self according to Socrates was written and submitted by user Case Y. to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.