A Speech About a Legend free essay sample

Practically no one, except for Edward Christopher Sheeran, or as most people would know him by, Ed Sheeran. When most people think of a role model nowadays, they think of people like Ellen DeGeneres or Barrack Obama. But when I think of a role model, I think of Ed Sheeran. His background is incredible. He was born in a small town called Halifax in England and moved to another small town called Framlingham where he raised and learned music. After recording his first few EPs there, he moved to London in 2008 to play gigs starting off in small venues and for sometimes as little as 5 people. After playing more and more gigs as the years passed, he left his old management company and moved to Los Angeles in 2010. He played open mic nights all over the city until his talent was spotted by Jamie Foxx, who was so impressed that he offered Sheeran the use of his recording studio and the run of his Hollywood home for the rest of his stay. We will write a custom essay sample on A Speech About a Legend or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Throughout 2010, Ed began to be seen by more and more people all over the world on the internet through Youtube, including The Independent newspaper and Sir Elton John. After releasing 3 more independently released EPs, including one that reached number 2 in the iTunes chart without any promotion or label, Ed was signed to Asylum/Atlantic Records. 6 weeks after appearing on TV to perform his debut single â€Å"The A Team†, it was released as a digital download in the UK and entered the UK Singles Chart at number three. Ed’s debut album â€Å"+† was released on 12 September 2011 and debuted number one on the UK Albums Chart. Since then, Ed has won awards like Best British Male and British Breakthrough at the Brit Awards. Sir Elton John, who runs Sheeran’s management company, canvassed the Grammy Award organizers to get Ed a performance but was told he was not high-profile enough. John decided to appear with Sheeran to circumvent this problem. Ed Sheeran in an interview said: â€Å"I got a call from Elton being like, ‘I couldn’t get you a solo slot, but would you mind playing with me? ’† From March to September 2013, Ed is scheduled to play 64 dates at arenas and stadiums across North America as the opening act for Taylor Swift’s Red Tour. I will be seeing him in concert in June and I am so excited because, as previously stated, this man is my role model. He is a young, hard-working and soulful singer that doesn’t care what other people think about him. In 2012, he was named as the worst dressed man by GQ magazine. This didn’t faze him at all as he stated in a tweet â€Å"Named Number One worst dressed male in GQ, glad they noticed†. This is just an example of how down-to-earth and honest he is, which makes him a perfect example of a good role-model.

East Coast Yachts key Essay Essay Example

East Coast Yachts key Essay Essay Example East Coast Yachts key Essay Essay East Coast Yachts key Essay Essay 1. Calculate all of the ratios listed in the industry tabular array for East Coast Yachts Current ratio=CA/CL= 14. 651. 000/19. 539. 000=0. 75Quick Ratio= ( CA-Inventory ) /CL= ( 14651000-6136000 ) /19539000=0. 44 Entire assert turnover=Sales / Entire Assets=167310000/108615000=1. 54 Inventory turnover=Cost of Goods Sold / Inventory=117910000/6136000=19. 22 Receivable turnover=Sales / Histories Receivable=167310000/5473000=30. 57 Debt ratio ( TA-TE ) /TA= ( 108615000-55341000 ) /108615000=0. 49 Debt-equity ratio=TD/TE=33735000/55341000=0. 61Equity multiplier=TA/TE=108615000/55341000=1. 96Interest coverage=23496000/300900=7. 96Net income margin=Net Income / Sales=12562200/167310000=0. 07Tax return on asserts=Net Income / Total Assets=12562200/108615000=0. 12 Return on equity=Net Income / Total Equity=12562200/55341000=0. 23 2. Compare the public presentation of East Coast Yachts to the industry as a whole. For each ratio. remark on why it might be viewed as positive or negative relation to the industry. Suppose you create an stock list ratio calculated as stock list divided by current liabilities. How do you construe this ratio? How does East Coast Yachts comparison to the industry norm? Current ratio is negative because CA smaller than CL Quick Ratio is positive because the ratio is bigger than the industry upper quartile ratio. Entire assert turnover is positive the ratio because the ratio is bigger than the industry upper quartile ratio. Inventory turnover is positive because it is higher than the industry norm. It represents that the company has a high gross revenues based on its stock list. Receivable turnover is positive because it shows that the company can roll up the gross revenues faster. Debt ratio is positive because it shows that the company has a lower debt hazard than the industry norm. Debt-equity ratio is positive because it shows that the company is less aggressive utilizing debt which means the company has comparatively lower debt hazard. Equity multiplier is negative because it shows that the company has a lower accounting return. Interestcoverage= Net income border is about the same with the industry norm. Tax return on assets is positive because the net income per dollar of assets is higher than the industry norm. Tax return on equity is positive because it shows that the company has better shareholder’s menu. Inventory Ratio= CL /Inventory =19539000/6136000=3. 18 Inventory is negative It is still smaller than industry lower quartile It represents that the company has a low gross revenues based on its stock list. 3. Calculate the sustainable growing rate of East Coast Yachts. Calculate external financess needed ( EFN ) and prepare pro forma income statements and balance sheets presuming growing at exactly this rate. Recalculate the ratios in the old inquiry. What do you detect? ROE=ni/te=125622000/55341000=0. 23 B=re/ni=5024800/12562200=0. 4Sustainable Growth rate=ROE*b/1-roe*b=0. 23*0. 4/1-0. 23*0. 40=0. 099 EFN= TA- ( TL+E ) =108615000*1. 099-(19539000*1. 099+3373500+55341000*1. 1099)=3166002 All Current ratio=CA/CL= 14. 651. 000*1. 09/19. 539. 000*1. 09=0. 75 QuickRatio= ( CA-Inventory ) /CL= ( 14651000*1. 09-6136000*1. 09 ) /19539000*1. 09=0. 44 Entire assert turnover=Sales / Entire Assets=167310000*1. 09/108615000*1. 09=1. 54 Inventory turnover=Cost of Goods Sold / Inventory=117910000*1. 09/6136000*1. 09=19. 22 Receivable turnover=Sales / Histories Receivable=167310000*1. 09/5473000*1. 09=30. 57 Debt ratio ( TA-TE ) /TA= ( 108615000-55341000*1. 09 ) /108615000*1. 09=0. 49 Debt-equity ratio=TD/TE=33735000*1. 09/55341000*1. 09=0. 61 Equity multiplier=TA/TE=108615000*1. 09/55341000*1. 09=1. 96Interest coverage=23496000*1. 09/300900*1. 09=8. 93Net income margin=Net Income / Sales=12562200*1. 09/167310000*1. 09=0. 07 Tax return onasserts=Net Income / Total Assets=12562200*1. 09/108615000*1. 09=0. 12 Return on equity=Net Income / Total Equity=12562200*1. 09/55341000*1. 09=0. 23 Merely involvement coverage changed. 4As a practical affair. East Coast Yachts is improbable to be willing to raise external equity capital. in portion because the proprietors don’t want to thin their bing ownership and control places. However. East Coast Yachts is be aftering for a growing rate of 20 per centum following twelvemonth. What are your decisions and recommendations about the feasibleness of East Coast’s enlargement programs? EFN= TA- ( TL+E ) =108615000*1. 2-(19539000*1. 2+3373500+55341000*1. 2)=8753040 5. Most assets can be increased as a per centum of gross revenues. For case. hard currency can be increased by any sum. However. fixed assets frequently must be increased in specific sums because it is impossible. as a practical affair. to purchase portion of a new works or machine. In this instance a company has a â€Å"staircase† or â€Å"lumpy† fixed cost construction. Assume that East Coast Yachts is presently bring forthing at 100 per centum Of capacity. As a consequence. to spread out production. the company must put up an wholly new line at a cost of $ 30 million. Calculate the new EFN with this premise. What does this imply about capacity use for East Coast Yachts following twelvemonth? Depreciation percentage= $ 5. 460. 000 / $ 93. 964. 000= . 0581Pro forma depreciation=0. 581*123964000=7203221 EFN= TA- ( TL+E ) =108615000*1. 2+3000000 -(19539000*1. 2+3373500+55341000*1. 2=23004405 The fixed assets have increased faster than gross revenues. so the capacity use for following twelvemonth will diminish.

Organization Improvement Project Essay Example | Topics and Well Written Essays - 250 words

Organization Improvement Project - Essay Example essful organization leading in the business of water, gas and electricity, Enron was transformed into a credit laden and failed company due to unaccountability, corruption and failure to apply ethical principles (Gutman, 2002). Unethical and corrupt leadership was the greatest recipe for Enron’s collapse, which for years, the company tried to hide from the public domain. Coupled with dubious retirement plans and stocks, this culminated in disastrous consequences for the company, downgrading what it had achieved in 15 years, whereby it had established itself as a giant in the business world in the US (Gutman, 2002). Measures that the company would have instituted to ensure that the company did not collapse include; inculcation of organizational ethical cultures in company operations and the management; institution of trade-offs between individual actions and positive actions; Encouraging leaders to have ethical consciousness and to ensure leaders are accountable in their actions. Most important, there should be a complete overhaul of corporate and fiscal systems so that transparency and ethics are injected into corporate business practices at Enron. A potent and noteworthy plan needs to be put in place so that improvement can be achieved in the organization. This plan, the Ethical Leadership Decision Making Model, must always expect leaders to exhibit moral awareness before undertaking tasks. In so doing, leaders would be able to gauge the extent of their actions. It is important for every leader to weigh the end results of issues before undertaking them In conclusion, The Enron Scandal illustrates what unethical business practices can do to a successful; company. Once a successful organization, Enron collapsed as a result of unethical decisions, dubious business practices and lack of accountability by its leaders (Gutman, 2002). Had the company instituted business ethics in its practices, it would still be the successful company that ruled America for 15

Humanistic Approach, Leadership and Motivation, Machiavelli, and Essay

Humanistic Approach, Leadership and Motivation, Machiavelli, and Conflict Resolution and Vision - Essay Example Humanistic Approach, Leadership and Motivation, Machiavelli, and Conflict Resolution and Vision. Specifically, I learnt that leaders may be born or made. This research helped me understand examples of leaders who are born with power and leadership and those who are made leaders. I also learnt that motivation is crucial in enhancing work performance, productivity, and satisfaction. I believe that this class has increased my knowledge in management. I will use this knowledge to impact those around me by helping them understand human behaviours and how they can foster motivation and effective leadership. Humanistic Approach Humanistic management is the process through which different streams of humanisms are linked or connected. It focuses on the field of economics and business as the primary force that drives the society. The humanistic approach to management helps to understand human beings as absolutely self-serving or independent individuals. We understand the concept of humanistic management on the basis of three dimensions. The first thing is that human beings deserve and exp ect their dignity and worth to be respected under all circumstances. Secondly, businesses and organizations must embrace ethical decisions that promote the well-being of employees and staff members. The last thing is that embracing corporate responsibilities is crucial in strengthening and maintaining an ongoing relationship with the stakeholders. According to Murray, Markides and Galavan (2008), it is appropriate to apply human approach in business context where dignity and respect of every individual is the foundation that builds and maintains interpersonal interaction. This approach helps the management to embrace every individual in the organization regardless of where he comes from or what he owns. The integration of ethical reflection into the business is the key process from which effective and quality decisions are made. The solitary managerial decision on where an action is ethically sound depends on the humanistic approach to management. However, the approach may not be ap propriate in providing excessive freedom. It is important to note that, the humanistic theory make some assumptions about human nature, which are not accepted as solid or complete. One cannot adequately argue that every individual should be given freedom to choose what he wants or not. This is because some people may make negative choices even when right solutions are staring at them. These facts plague the humanistic approach to management and therefore establish the need to offer sufficient guidance for positive change to occur. Still, it may not be appropriate when managers are mean and misunderstand how their employees perform their assigned duties. When managers treat their employees like this, they get depressed and sad and thus become unproductive in the workplace. Since humanistic approach to management is based on the self and client centred therapy, then it benefits people to discover and identify their personal capacity that stimulates self-assessment and self-development . This approach creates a ground for people to understand their strengths and work hard to improve on their weaknesses. However, this approach requires people to understand the root of their problem before building or fixing the solution. With this, this approach may not perfectly work for everyone since some people may be threatened and challenged to find out the root cause of their problems. Still, this approach regards that human beings must understand that they are hold

Mission Statement Coursework Example | Topics and Well Written Essays - 250 words

Mission Statement - Coursework Example In essence, we are a school within a school. We have six Montessori classes at varying levels. We have supported the inclusion of children with special needs from the beginning. (We currently have 35 enrolled.) Supportive services are provided through the Belle Center and the Chicago Public Schools. We have a nationally recognized Outdoor Learning Environment - recognized by the National Wildlife Foundation. Our garden is the recipient of numerous awards from the City Of Chicago. The wetlands garden provides a wonderful place for children to explore, play and learn about themselves and the world around them. Parents are vital to our school and encouraged to participate in as much as they are able. We view parents as partners with the teachers in the care and education of the children. Many parents even serve on our Board or on many of our volunteer committees. Our faculty is composed of highly skilled Early Childhood professionals that have been selected because of their commitment and dedication to both children and families. Assistant teachers provide support to the teacher as well as love, warmth and knowledge to the children. Sister Barbara Jean Ciszek, C.S.J., also known as Sister BeeJay, has been our principal since we were founded in 1998. In her role, she works with the board, parents and faculty to oversee the day-to-day operation of the school as well as the spiritual and educational development of our students. She is under the direction of the Archdiocesan Superintendent of the Catholic

Tourism Analysis Of Disneyland Resort Paris

Tourism Analysis Of Disneyland Resort Paris Disneyland Resort Paris (formerly known as Euro Disney) is the fourth of the Walt Disney theme parks, built to follow the success of Disneyland in California, Walt Disney World in Florida, and Tokyo Disneyland in Japan. It is located in central France, making it accessible by a two-hour plane flight to more than 300 million people. Disneyland Paris is a holiday and recreation resort in Marne-la-Vallà ©e, a new town in the eastern suburbs of Paris, France. The complex is located 32 kilometers (20 mi) from the centre of Paris and lies for the most part on the territory of the commune of Chessy, Seine-et-Marne. After Tokyo Disneyland opened to great success in 1983, the executives of the Walt Disney Company began plans for a European extension. The company considered many possible locations, but soon chose Marne-la-Vallee, a French town, as the site. Disney CEO Michael Eisner signed the first contract with the French government in 1985, and construction on Euro Disney began in 1988. Th e information center Espace Euro Disney opened in 1990, keeping the public informed about the ongoing work. The park opened in April 1992, and although 500,000 visitors were expected, only 50,000 came. For the first three years, the park reported large financial losses. Attendance was poor, employees reported high dissatisfaction and the French press grew more appalled at the presence of an America-centric park in their country. In 1994, the park was renamed Disneyland Resort Paris in order to dissociate it from the negative press surrounding Euro Disney. In 1995, Space Mountain was added to the parks attractions, and the park turned its first-ever profit. The park is still dubiously profitable. Even with much of its debt written off, the company reports billion-dollar deficits: specifically, $2 billion in 2007. However, in 2008, the park was the most-visited attraction in Europe and reports more than 15 million visitors every year receiving more visitors than the Louvre and the Eif fel Tower combined (Christian Sylt, The Independent, 2008). Why was Euro Disney performing poorly during its first year of operation? Recommend and propose strategies and suggestions to improve the situation? Michael Eisner, CEO of the Walt Disney World Company, once said, Fantasy is very hard work. Eisner was referring to the intensive labor that goes on behind-the-scenes within the Disney Company to create the magic and fantasy which have become synonymous with the Disney brand. From the founders humble beginnings (Walter Elias Disney) creating animated cartoons in the 1920s, to the multi- facetted corporation Disney has developed into, hard work has always been the key ingredient to the success of this entertainment empire. However, hard work does not always lead to success, especially when international expansion occurs. On April 12, 1992, Disney officially opened Euro Disney, a $4 billion USD, and 4,400 acre resort located in Marne- la-Vallà ©e, France. Despite over 7 years of planning and countless hours of research, Euro Disney quickly developed in one of the most costly mistakes in company history. In the first 2 years of operation, Euro Disney lost close to $1.03 billion USD and was forecasted to lose approximately $1 million USD a day for the foreseeable future (Lyn Burgoyne, Euro Disneyland Venture, 2001). The main reason why Euro Disney performed poorly during its first year of operation was due to several factors such as European recession, Cultural differences and Marketing. Just as Euro Disney opened, Europe was in the middle of an economic slump. Disney felt that they could overcome this issue however; High interest rates and the devaluation of several currencies against the Franc caused Europeans to have little spending power at that time. That results in a reduction in disposable income among the French population. Many of the other countries in Europe were experiencing a similar downward slope during the period. Disney did not anticipate the huge differences between themselves as consumers and the Europeans especially the French. The entire resort was designed along the same guidelines as the original Disneyland (Rohese Taylor, Disneyland Paris Case Study, 2000). Much of the reasoning behind this strategic approach can be attributed to the success Disney had with the opening of Tokyo Disneyland. According to (Marty Sklar, Vice Chairman and Principle Creative Executive of Walt Disney Imagineering), The Japanese told us from the beginning, Dont Japanese us. What that meant was, we came here for Disney. We came here for America. Dont give us Japan, we know Japan. Disney determined that the Europeans would want the same as the Japanese an Americanized Disneyland. However, the general sentiment among the French was one of indignation at what some called cultural imperialism. Therefore, Euro Disney was not accepted among the European culture. Euro Disney was marketed incorrectly to both the consumers and the media. The views of the French were not considered when marketing strategies were created. The resort was marketed in the American-style of à ¢Ã¢â€š ¬Ã‚ ¦bigness and extravagance. Instead, Euro Disney should have concentrated on the emotional aspect, marketing that guest would have a unique, extraordinary experience they would not forget (Lyn Burgoyne, Walt Disney Companys Euro Disneyland Venture, 2001). To improve the situation, there is a need for Disney to take control of the management decisions and analyzing issues and problems based on their own practice and not to use some team to analyze the problem and have it presented that is way outside the management. Thus, there is also the imperative need to understand and execute appropriate plan of actions that will bridge the gap of culture difference such as knowing what are the characteristics and attitudes of the European people in terms of the nature of business considering what will work on both sides and achieve good marketing strategies that would have connection to promotion and advertising process. The fact that marketing issues was present, it may be proper for Disney to consider strategies that will cater to resolving such issues and probably focus on useful market tactics. The Euro Disney should implement marketing mix strategies which are the price, product, place and promotion. Promotional discounts for families on weekends will fit in to the European culture and planning more ways on how to make business better despite of business conflicts will cater to resolving those issues. Furthermore regarding the environment and location factors, Disney can choose such locations that have strong sales magnet, something that sales and profits are manageable and that possibly, Disney can opt for transfer of Euro-Disney location considering that all aspects of costs and expenses have to be minimal and does not overspend the resources and the need for a justifiable budget is important as high risks within the management and its process may be evident any time. Moreover, Disney can impl ement and apply flexible labor systems that will be adaptable to the situation, and is accepted by the French laborers and thus, the need also to cut down costs and manage risks and small changes properly to have balance of business. Question 2 To what degree do you consider that these factors were a) foreseeable and b) controllable by either Euro Disney or the parent company, Disney? The factors that played into the unsuccessful first year for Euro Disney could easily be foreseen by either euro Disney or the parent company. The same goes to the factor that Euro Disney and its parent company is controllable. It is evident that French has develop a sense of hostility towards the plans as it was stated in the case study, that they did not want American imperialism invading their country and culture. The worse thing is that Euro Disney worked in the arrogant nature of the American thinking. In this I mean, they expected the Europeans to act as Americans and thrive over this newly designed theme park, thus making things a lot worse. (John Graham, International Marketing, 2002) stated that Paris theater director Arianne Mnouchkin became famous for her description of Euro Disney as a Cultural Chernobyl. In the case study, it was also stated that in the fall of 1989, during a visit to Paris, French columnist pelted Michael Eisner with eggs. The joke going around that tim e was, For Euro Disney to adapt properly to France, all seven of Snow Whites dwarfs should be named Grumpy. The French was disappointed during the early advertising because the advertisements focus more on the size and glitz rather than the types of rides and attractions (Phillip Cateora, 2002). Everyone knows advertisements play a major part that influences the society today and affects our everyday life. Nowadays it seems that the only way to avoid any form of advertising is to isolate oneself and live in a cave but not all advertising is negative and bad. It is found almost everywhere such as just by walking on the street, driving a car or watching TV. (Ference, 2004) reports Every surface that could possibly have an ad slapped on it such as clothing, buses, taxis, myriad walls and billboards, even the snow you ski on now hawks something. Every advertiser or company must do more than just make a product, give it an attractive price and offer it to the consumer, communicate and promote it to their current and future customers, they have to advertise it. Therefore, the ability to foresee that the advertising was getting a negative response was obvious and this could have been somewhat controlled by Euro Disney or the parent company. Advertising bombards us everywhere but it is not without control and regulation by the government, businesses and citizens. This opens one of the major issues in advertising, the question of law and ethics. Advertising should be carefully controlled. Society needs to make sure that people are not taken in by misleading advertisements in which Euro Disney make a huge mistake emphasizing the glitz and size instead of different rides and attractions. This can be controllable if Euro Disney followed principles such as telling the truth, showing the truth in which the product should look exactly the same way as the consumers will purchase it. The general impression should as well be truthful because Advertising is judged not by what it says, but what the consumers thinks it says (Roman Mass, 2003, p. 200-202). Other important factors that managers could have foreseen included the approaching European recession, the Gulf War in 1991 and increased interest rates. External factors that affected business also included the devaluation of other currencies against the franc and competitions that drew the attention of European tourists. These competitions were the worlds fair in Seville and the 1992 Olympics, which was held in Barcelona (Phillip Cateora and John Graham, p. 615). It was apparent that the managers of Euro Disney and Disney separated themselves from their counterparts with many levels and departments. These include the government, banks and other parties that were involved. Some of the Disney managers admitted that they were arrogant and that their attitudes were forceful and controlling. It was as if all would agree to do it the way they suggested, then everything would be just fine and everyone would be happy (Phillip Cateora and John Graham, p. 614). Question 3 Evaluate the cross-cultural marketing skills of Disney. The origins of cross-cultural analysis in the 19th century world of colonialism was strongly grounded in the concept of cultural revolution, which claimed that all societies progress through an identical series of distinct evolutionary stages. Culture consists of language, ideas, beliefs, customs, taboos, codes, institutions, tools, techniques, and works of art, rituals, ceremonies and symbols. It has played a crucial role in human evolution, allowing human beings to adapt the environment to their own purposes rather than depend solely on natural selection to achieve adaptive success. Every human society has its own particular culture, or socio cultural system (Encyclopedia Britannica). Cross-cultural marketing is international marketing on a personal level. It means considering cultural differences when planning marketing campaigns and media, realizing the need for a balance between localization and globalization and most importantly, implementing strategies that respect differences while seeking to unify brand messages. The problem with Euro Disney was that they did not utilize the cross-cultural marketing skills. Based on the case study, Disney executives were told that the French did not eat breakfast so that the meal was downsized but surprisingly the French do eat breakfast. 2,500 breakfasts were served in a restaurant that only held 350 people. They also discovered that the French did not just want croissants and coffee, they wanted bacon and eggs (Phillip Cateora and John Graham, p. 615). This showed that the cross-cultural skills were not employed such as the misinterpreted of data and wrong information retrieved during the environmental scanning of the elements of the European culture. The managers should have known that Europeans were more energetic and will certainly covered more of the Euro Disney theme park and rides than those in the western hemisphere. In contrast to Disneys American parks where visitors typically stay at least three days, Euro Disney is at most a two day visit. The Eu ropean vacations were not examined so the theme park did not see the profits and success as hoped. Americans take short breaks but they take them more often. However, Europeans take one month holiday. The American managers were naÃÆ' ¯ve that they thought the Europeans would change their one month tradition and adopt the Americans shorter yet more frequent time off but that did not happen. The French schedule remained the same as they would close the office and factory during the entire month of August. These factors should have been considered. Cross-cultural marketing would have been extremely useful but the parent companys executives were being quite ethnocentric and it cost a great price (Phillip Cateora and John Graham, p. 615). Needless to say, their cross-cultural skills were unsatisfactory; in fact nonexistent is more appropriate to say. Had they had any skills of this sort, the beginning would have been a success and not such a failed start. As we now understand, the Europeans have to be attuned to the nuances of culture so that a new culture can be viewed objectively, evaluated, and appreciated. Just because a culture is different does not make it wrong. Euro Disney marketers should understand how their own American-style cultures influence their assumptions of another culture (John L. Graham, The Global Environment of Global Markets). Question 4 Do you think the new theme park would have encountered the same problems if a location in Spain had been selected? Discuss Spain, a country located in south-western Europe, bordering the North Atlantic Ocean and the Mediterranean Sea, between Portugal and France covers a total area of 505,957 sq km. Spain has 4,964 km of coastline. Besides five other places of sovereignty on and off the coast of Morocco, Spain consists of 17 administrative regions, 15 of which are on mainland Spain. Spain occupies four-fifths of the Iberian Peninsula and is a land of immense geographical diversity. It offers the tourist a great deal. Spains coastline has long since been a magnet for visitors but in recent years more and more people are spending holiday time, exploring beautiful and cultural Spain, away from the sea and sand. Spain has everything from lush, green forests and mountain ranges, through to endless arid plains and long, sandy beaches (Idealspain, 2010). Since the 1960s and the invention of the package holiday, Spain has always been a top tourist destination. There are few areas of Spain that have not seen the effect of tourism. Spain has adapted to cater for tourists and every area offers something different. Northern Spain offers a different type of holiday with lush green forests, un-spoilt nature reserves and clean rivers. This part of Spain has adapted to offer nature holidays and activity holidays, based on the rivers or within the nature reserves. Hotels tend to be more individual and have rural locations. Beach holidays have always been popular in Spain with the attraction of the wonderful climate, clean beaches and ample hotel facilities (Idealspain, 2010). If the location selected by Disney is in Spain, it would have been met with less criticism and is believed the cultural differences will play a huge role in its success. As I mentioned earlier, Spain is also one of the top tourists attraction countries in Europe. Disney would still have to learn the customs and the culture of Spain and incorporate them into the development, implementation and operation of a new theme park. The work habits of the Americans is totally different from Spain in which the Spains main concern is focus on life and family first whereas the Americans focus more on themselves and individuality, not the group. This suggests that if Disney theme park is in Spain at least the Spanish which gives top priorities to the families will often bring them to the theme park. (Tom Strong, Spanish Cultural Commentator) gives his view of the differences between Spain and the U.S.A. In the U.S.A., a newborn baby gets a social security number. In Spain, the newborn gets added t o the Libro de Familia. In Spain, it is not at all uncommon for children to stay at home until age 30 whereas in the U.S.A. they would be tagged with the word loser. International marketing is all about culture and what we are able to do in marketing to a particular foreign product such as Disneyland to market its theme park is shaped by the cultural variables of the country as well as the great importance to understanding the Spanish culture. The geographical conditions of Spain provide sunshine all year round and milder winter temperatures. The advantages are that it may attract potential customers form the northern Africa and the Middle East because of its wonderful climate. In terms of its purchasing power, total population and its density it wont lose to the French counterpart. The (Central Intelligence Agency World Factbook, 2010) stated that the Spain purchasing power for the year 2009 is $1.367 trillion and its French counterparts is $2.113 trillion and the GDP for Spain is $33,700 whereas the French is $32,800. As a member of the European Union, travel to the southern state already a tourist center in the Union, will yet provide more rea son for the launch of Euro Disney. The entry ticket should cover the cost of the Spanish sunshine, sympathy and service, unlike the rest of Europe. Question 5 If you were the business development manager, what would be the major consideration you would go through before selecting a location for the next Disneyworld? From your discussion select a location you think will be the next Disneyland site. As a business development manager, I will have to take into consideration about some in depth knowledge and analysis about a countrys background before selecting the location for the next Disneyworld. There are many factors in the macro-environment that will affect the decisions of the managers of Disney. Tax changes, new laws, trade barriers, demographic change and government policy changes are all examples of macro change that will help Disneyworld to know more about the foreign market conditions and the external forces. To help analyze these factors I will categorize them using the PESTEL model. Political factors may refer to the government policy such as the degree of intervention in the economy. What goods and services does a government want to provide? To what extent does it believe in subsidizing firms? What are its priorities in terms of business support? Political decisions can impact on many vital areas for business such as the education of the workforce, the health of the nation and the quality of the infrastructure of the economy such as the road and rail system (Aguilar, F.J., Scanning the business environment, 1967). Economic factors include interest rates, taxation changes, economic growth, inflation and exchange rates. As we all know a shift in economic can have a major impact on a firms behavior. For instance higher interest rates may deter investment because it costs more to borrow a strong currency may make exporting more difficult because it may raise the price in terms of foreign currency inflation may provoke higher wage demands from employees (Aguilar, F.J., Scanning the business environment, 1967). Social factors are changes in social trends which can impact on the demand for products and the availability and willingness of individuals to work. In the UK, for example, the population has been ageing. This has increased the costs for firms who are committed to pension payments for their employees because their staffs are living longer. The ageing population also has impact on demand for example; demand for sheltered accommodation and medicines have increased whereas demand for toys is falling (Aguilar, F.J., Scanning the business environment, 1967). Environmental factors include the weather and climate change. Changes in temperature can impact on tourism industry such as Disneyland. With major climate changes occurring due to global warming and with greater environmental awareness this external factor is becoming a significant issue for firms to consider. The growing desire to protect the environment is having an impact on many industries such as the travel and transportation industries for example, more taxes being placed on air travel and the success of hybrid cars and the general move towards more environmentally friendly products and processes is affecting demand patterns and creating business opportunities (Aguilar, F.J., Scanning the business environment, 1967). After the extensive analysis of these major external forces, I would think the next Disneyland site should be in Canada. I think it should be top in priority because Canada is rich in history, landscapes and its aboriginal cultures. Canada is a country with much diversity as it has mountains, national park and alpine forest. According to the Nation Brand Index (Anholt and GfK Roper research agencies, 2008) that measures the worlds perception of 50 nations by interviewing 20,000 adults from 20 countries, the friendliest nation in the world is Canada. Canada has hosted several high-profile international sporting events, including the 1976 Summer Olympics in Montreal, the 1988 Winter Olympics in Calgary, and the 2007 FIFA U-20 World Cup. Canada is the host nation for the 2010 Winter Olympics in Vancouver and Whistler, British Columbia (The Vancouver Organizing Committee for the 2010 Olympic and Paralympics Winter Games, 2009) which we can see is obvious that it is a place for major tour ists attraction which can bring advantages for Disneyland.. This scientific approach to friendliness may seem a bit formal, but indeed, the Canadians are really quite hospitable, kind people and are truly worthy of honors. Many Europeans and Americans travel to this country as it is less expensive if compared to the rest of Europe. The Europeans are most likely to head there during august, the people from the United States usually head up during spring break, and many companies offer trips to Canada as incentives, bonuses and conferences. Visitors from central and South America also visited Canada. There is an influx of expatriates moving to Canada as many want to go there to escape the Asian life and as well to pursue The American Dream. Having stated all of this, it is still very important to that the tunnel vision of ethnocentrism be avoided. Although there are advantages and reasons supporting why Disney can do well with its current operation style because they are neighboring countries, Canadas culture, beliefs and morals still vary. Like other countries, Canada is not considered to be a country of workaholics as the United States is stereotyped to be. The family or group is still top priority versus the Americans view of individual accomplishment being the top goal. It is important to learn from the mistakes that were made when Euro Disney was started. Having offices and managers from the country will be detrimental. Incorporating Canadas culture and examining the tourists activities, practices and trends will be crucial to the making or breaking of a Disney in Canada. Conclusion Euro Disney has greatly enhanced their product since the troubled beginnings in 1992. During this period, many key lessons were learned about the relationship between culture and product offering. These lessons learned became the basis for future development in the European market. Today, the Disneyland Paris Resort is marginally profitable and is experiencing high, yet stagnant, attendance rates. It would be presumptuous to label the resort a success, especially since its net total loss is still over $700 million. However, changes in the marketing and design of the resort have led to profitability and gradual acceptance among the European citizens. In order to increase profitability and attendance, three factors must be achieved: product marketing must be increased, the current marketing strategy must be enhanced and ethnocentric obstacles must be overcome. There exists long-term optimism for the future of Euro Disney due to the strong foundation it has developed over its 10 years o f existence, the strong financial backing of the investors, and its plans for future development within the European culture. With proper strategic planning and a relentless pursuit to continue to learn and adapt to the European culture, Disneyland Paris will be a successful resort. Bibliography Aguilar, F.J. (1967), Scanning the business environment. New York: Macmillan. Cateora, Phillip Graham, John (2002), International Marketing: Eleventh Edition. New York: McGraw-Hill. [Online] CIA The World Fact book (2010). https://www.cia.gov/library/publications/the-world-factbook/geos/fr.html, Accessed on February 18, 2010. [Online] CIA The World Fact book (2010). https://www.cia.gov/library/publications/the-world-factbook/geos/sp.html, Accessed on February 19, 2010. Della Cava, Marco (October 10, 1999), Theme parks are staking bigger claims in Europe. Prada, Paulo Orwall, Bruce (2002), Mickeys Bosses Learn From Past Mistakes in Opening New Park in France. Dow Jones Interactive Business. Schneider, Mike (2001), Theme Parks Adapt to Nations Cultures; Disney, Other Firms Look Outside North America for New Markets. Dow Jones Interactive Business. [Online] Idealguides Ltd Group of Companies (2010). http://www.idealspain.com/Pages/Information/GeographyHeading.htm, Accessed on February 20, 2010. [Online] Sylt, Christian (2008), Magic results: Euro Disney plans new hotels. http://www.independent.co.uk/news/business/news/magic-results-euro-disney-plans-new-hotels-899529.html, Accessed on February 21, 2010. [Online] La-Vallee, Marne and Chu, Jeff (2002), Happily Ever After? http://www.time.com/time/magazine/article/0,9171,901020325-218398,00.html, Accessed on February 21, 2010.

Prisoner – Creative Writing

At least the sun's shining on this old decrepit prison. I can't understand why they've put me in this remote room, alone. I've just arrived. From the 1st of December until my last breath, you would expect to be greeted with open arms, wouldn't you? It's not like she didn't deserve it†¦ Meeting our new friends will be as amusing as reading – I can't think of anything worse. I'd rather listen to her baby wail, scream and shriek again. I sometimes wonder what happened to that baby, watching its mum suffer. Time is valuable, so I won't waste it with those ‘freaks', they're all the same – worthless vermin. Well they'll see, I have got it all planned out. Dear Jason, It's hell here. I feel like Satan's minion, sweeping, scrubbing, and sweating in this ‘hell-hole'. An insignificant ant challenging the irrefutable Mount Everest – each step is an anxious challenge; as for every single stride I make, I end up stumbling back. Pointless. There is a burden of anxiety and mental suffering depicted in the face of every man, as we are all pampered like peasants; especially Little Bill, he can't defend himself so everyone takes advantage. I've just been placed with Derrick my new cellmate, the old fool's fifty, twice my age; his senseless stories of driving his own crane in ‘the good old days' shuttles you towards insanity – without mentioning his nauseating scar which runs the length of his face; my stomach convulses when I gaze upon it. Sneering when he answers ‘How did that happen?'- He fell down flight of stairs; he must think I'm mad to believe him. That's the other problem, I can't trust anyone – I will need to eventually though. ‘Bro', when you next visit Mum's grave can you leave a bunch of roses from me; she always cherished the aroma they produced: even though I still hate them. Do you know she's the only thing that's keeping me going? If only she hadn't taken that job as ‘her' assistant none of this would have happened. Mum didn't deserve so much pressure, she was only the ‘messenger' doing as she were told, without a wink of sleep in over two weeks a car accident was inevitable. But I have no remorse for what I did to ‘June', revenge is sweet. Jake I am gazing through the confined window; the icy steel bars obstruct my route from death. The frenzied frost tearing at my tender hands. I'll be out there soon, we will be free, I can smell it. Old, dilapidated and weathered; these bricks can't withhold us. From slavering away in the kitchen at a Kings pace a few helpful utensils have been gathered; a carving knife, spoon and fork. These can be stored inside the T.V; no one would bother looking there. ‘Derrick? Where are you, idiot, get here. You've worked in the demolishing business for long enough; tell me, can we burst through now?' ‘Too right son, too right.' ‘Luckily this fork and spoon has lasted from wear, but it looks the knife won't be needed ‘aye Del'.' ‘It's getting late my boy, move your rock of a bed back to its normal spot. The incessant stomping of the pigs will soon pass our cell. We must wait until dusk.' The moon's beams of lurid light echoed through the prison. A steely smell of anxiety overhauled the sound of the snoring from the convicts. This was nearly it. Weeks of planning boiled down to this. Thankfully, I'm fearless, this time I will get away, we will be free ‘Jimmy.' We could go, now? Just leave Derrick; he's someone we can't trust anyway. We should desert him; he would soak up all the blame. Droplets of blood were dripping on the floor; my hands sore and weeping from pounding powerful punches like a boxer at the gapping hole in the corner of the cell – I only had to make it half a foot wider whilst being quiet as possible. A seed of adrenaline sprouted inside me, the round circle in the wall had subsided. It was time. Psyching myself was easy, I knew what had to be done. ‘ESCAPEE, AN ESCAPEY!' I turn around horrified, standing still paralyzed. Derrick? ‘No it can't be, y-you set me up?!' Glaring him straight in the face – I had no choice†¦

Department of Justice Essay

There seems to be major issue in the case of United States v. Viktor Kozenzy. The specific legal question is whether Viktor Kozenzy, Frederic Bourke, Jr, and David Pinkerton had conspiracy to violate the Foreign Corrupt Practices Act and the Travel Act. There are many facts that support this claim. Viktor Kozenzy, Federic Bourke Jr. and David Pinkerton paid and also caused to be paid bribes to Azeri Officials. They all became shareholders of Oily Rock. Oily Rock invested in Azeri privatization vouchers. They also became part of Minaret as well. Mineret was a party to the co-investment agreement between Oily Rock and the co-investors. There seems to be lots of more facts in this case. The defendants made many corrupt payments, promises, and offers to Senior officials of the Government of Azerbaijan. They all seemed to have conspiracy to bribe and there are evidence of wire transfers and direct cash payments. They also promised two-thirds of the profits of Oily-Rock and receive two-thirds of Oily Rock vouchers. There are was also much jewelry exchanged in excess of $600,000 to Azeri officials. The source of my facts came from Justice.gov, it is the official United States Department of Justice’s website. It is very credible and accurate. There seems to be relevant laws and regulations such as Foreign Corrupt Practices Act and Travel Act. The Foreign Corrupt Practices Act made it unlawful to bribe officials. It was passed in 1977. I believe that the court reached the decision by the substantial evidence. There were documented evidence that shows the money laundering, stock options, and wire transfer to foreign officials. I think that the court was correct that the defendant did indeed conspire to violate the Foreign Corrupt Practices Act and the Travel Act. This situation could be easily avoided if the government officials had personal watching over them or checking the bank accounts. Many of the officials should be watched closely after and monitored. Works Cited The United States Deparment of Justice. Retrieved from http://www.justice.gov/criminal/fraud/fcpa/cases/kozenyv.html

Nueva México or Nuevo México

Nueva Mà ©xico or Nuevo Mà ©xico Both Nueva Mà ©xico or Nuevo Mà ©xico  are in fairly common use, and an argument can even be made for a third spelling, Nuevo Mà ©jico. But, the strongest argument rests with Nuevo Mà ©xico, for two main reasons: Nuevo Mà ©xico is the spelling used by the Diccionario de la lengua espaà ±ola, the Royal Spanish Academys dictionary and the closest thing there is to an internationally accepted standard for the language.Nuevo Mà ©xico is the spelling that appears to be preferred by the New Mexico state government. While the feminine form can be found occasionally on state-run websites, the masculine form is far, far more common. Both the masculine and feminine forms have a long history. The first well-known book about the area - an epic poem and travelogue - was Historia de la Nueva Mà ©xico written by Capitn Gaspar de Villagr in 1610. Indeed, many older writings use the feminine form, while the masculine form predominates today. The default gender for place names is masculine for place names that dont end in an unstressed -a. But the New place names are a common exception - for example, New York is Nueva York and New Jersey is Nueva Jersey. New Orleans is Nueva Orlens, although that can be explained by its derivation from the French name, which is feminine. Both Nueva Hampshire and Nuevo Hampshire are used in referring to New Hampshire. Theres a Nueva Londres in Paraguay, and the city of New London in Connecticut is sometimes referred to by that name as well in Spanish-language texts. Perhaps it is the influence of the many Nueva place names that encourages continued use of Nueva Mà ©xico in popular speech and writing. As to the use of  Nuevo Mà ©jico (the pronunciation is the same as for Nuevo Mà ©xico, where the x is pronounced like the Spanish j, not as in English), its considered an acceptable spelling by the Academy. Its the spelling used in state law for the pledge to the state flag and in the Spanish-language state song. However, there is also a bilingual state song, and it uses the spelling Nuevo Mà ©xico. So take your pick.

How to Get Into West Point 3 Key Tips

How to Get Into West Point 3 Key Tips SAT / ACT Prep Online Guides and Tips Located in West Point, NY, West Point is also known as the United States Military Academy. West Point is one of the most prestigious universities in the country and is extremely competitive to get into. It also has an in-depth application process with some unique requirements that you won’t see at non-military colleges and universities. In this article, we’ll cover exactly how to get into West Point, from the test scores you should aim for to the logistical requirements of your application. How Hard Is It to Get Into West Point? In order to judge how competitive a school is, you need to look at its acceptance rate. West Point has a 10% acceptance rate. That means it’s very selective. When you’re applying to a highly selective school like West Point, you need to make sure your application is as perfect as possible so that you stand out from the crowd. The vast majority of West Point applicants will be highly qualified - you need to be even more so. Your SAT/ACT scores, grades, recommendations, essays and extracurricular activities are all super important parts of your West Point application. You need to have high marks across the board to be a competitive applicant. What Is West Point Looking For in Its Students? You can learn a lot about what a college or university is looking for in its students by looking at its mission. Let’s take a look at West Point’s mission: The United States Military Academy's mission is to educate, train and inspire the Corps of Cadets so that each graduate is a commissioned leader of character committed to the values of Duty, Honor, Country and prepared for a career of professional excellence and service to the nation as an officer in the United States Army. West Point has a unique mission among colleges and universities: it’s not only trying to educate students at the highest levels possible, it’s also preparing students to serve in the United States military after graduation. West Point graduates will go on to act as officers in the United States military; they’re required to serve for five years on active duty. Because West Point graduates will become soldiers, West Point looks for unique qualities among its applicants including: Academic Prowess: West Point trains officers in the US military who will go on to lead people in challenging situations. West Point wants the best and the brightest for its students. Physical Fitness: West Point requires applicants to pass a physical fitness test (more on that later). Students at West Point will have to take rigorous physical fitness classes, so it’s important they have a base level of fitness. Character: Being involved in the military requires a strong character and spirit of service. West Point looks for applicants that have demonstrated a selfless desire to help others. Can You Apply to West Point Early? West Point doesn’t have an early action or early decision deadline. Every applicant has to abide by the February 28 regular admission deadline. West Point Admissions Requirements and Deadlines All West Point applicants must meet the following personal qualifications before applying: Be at least 17 but not older than 22 on July 1 of the year they enter West Point Not be married Not be pregnant Not be legally responsible for support of any children Be in good physical and mental health Pass a medical exam (DODMERB) Above average strength, agility, and endurance A strong performance on the West Point Candidate Fitness Assessment (CFA) West Point provides a candidate questionnaire if you have any questions about your eligibility based on these requirements. In addition, all applicants must have a Social Security number at the time of their application. West Point also requires that applicants receive a nomination to attend. You can get either a congressional nomination or a service-connected nomination. There are only a few approved sources of congressional nominations: Your representative in Congress Your US senators The Vice President of the United States Delegates to the House of Representatives from Washington, D.C., the Mariana Islands, Guam, American Samoa, and the Virgin Islands The Governor of Puerto Rico The Resident Commissioner of Puerto Rico The Secretary of the Army The following applicants have what are known as service-connected nominations, which means that the applicant has a connection to someone in the US military. Sons and Daughters of "career military personnel" (Army, Navy, Air Force, Marines, and Coast Guard) Members of Regular Army and Reserve Components (Army, Army Reserve, and Army National Guard) Sons and Daughters of Deceased or Disabled Armed Forces Veterans Sons and Daughters of Medal of Honor Recipients Army Junior and Senior ROTC Programs and Honor ROTC Units of Other Services There are specific requirements to being service-connected, so make sure you check them out on West Point’s website. West Point applicants are also required to submit the following: High school academic transcripts SAT or ACT scores SAT or ACT writing scores 4 letters of recommendation West Point application essay What GPA Do I Need to Get Into West Point? West Point is very competitive to get accepted to. West Point only accepts 10 students out of every 100 applicants, which means that you need to have a stellar application to be considered. One of the most important factors on your application is your GPA. While West Point doesn’t have a minimum GPA requirement, you can look at the average accepted GPA of West Point students to see what you need. The average GPA of admitted West Point applicants is 3.74. You’ll want to at least meet this GPA to apply. Your application will look even better if it’s higher than the average. That means you’ll need mainly A’s (you can have a few B’s peppered in) to achieve this GPA. Since West Point values the academic preparedness of its applicants, you can also demonstrate how serious you are as a student by taking AP, IB, honors, or other advanced classes. If your grades aren’t perfect, you can compensate with high standardized test scores. What Test Scores Do I Need to Get Into West Point? West Point applicants traditionally have competitive standardized test scores. Just as with GPA, you’ll ideally want to meet, if not exceed, the average standardized test scores of West Point’s admitted applicants. The average SAT composite score for West Point admitted applicants is 1340 (on the 1600 point scale). West Point does something known as â€Å"Highest Section† scoring. That means they consider your highest scores on each section. So, for instance, if you took the SAT in May 2018 and earned a 690 on Reading and a 740 on Math, then took it again in August and earned a 770 on Reading and a 700 on Math, West Point will take the highest score on each section (in this case, 770 and 740). That means it’s in your best interest to take the SAT at least twice before applying to West Point - you can’t hurt your score by going down the second time you take the test. The average ACT score for West Point admitted applicants is 28. West Point doesn’t indicate whether it also takes your highest score on each section for the ACT. You’re also required to take the writing section on both the SAT and ACT. West Point doesn’t require any SAT subject tests. How to Write Your West Point Application Essays West Point requires that you submit an essay as part of your statement. The essay topic changes yearly and you only get access to the prompt after confirming your eligibility via birthdate and Social Security number, so I can’t offer specific information on the prompt for this year. However, you’ll likely also have to write an essay as part of the nomination process so that your representative, senator, or the Vice President can get to know you. While there’s no specific formula for what you need to write to get nominated by your congressional representative, successful essays typically do the following: #1: Clearly Demonstrate Interest in West Point and the US military Deciding to go to West Point is a big choice - one that will affect the rest of your life, even beyond graduation. Your essay should indicate why you want to make a commitment to West Point and the military. You need to have clear, compelling reasons. #2: Highlight Your Qualifications for Going to West Point It's extremely competitive to get into West Point. Your representatives will be asked to write multiple letters, so the competition really starts with this letter. You need to show why you deserve their recommendation. Your representative won't have your full West Point application, so you'll need to highlight your academic and extracurricular qualifications to them. #3: Write Clearly and Double-Check for Errors It should go without saying, but your letters should be well-written and error-free. Ask someone to proofread your work and get (at least) a second opinion on the content. so you can be sure you're making a compelling case for why you need a letter of recommendation. 3 Tips for How to Get Into West Point Getting into West Point is difficult, but not impossible. Here are some tips for successfully being accepted at the US Military Academy. #1: Start the Process Early West Point has unique application requirements. Among them, a nomination from an important political representative. You need to build in time to reach out to these representatives and establish a relationship before submitting your application. You also have to pass a physical fitness test. That’s not even to say anything about the other application requirements, such as taking the SATs and writing your West Point essay. West Point recommends that students start their applications as early as possible - often, mid-way through their junior year. If you wait too long, you won’t be able to get all of the application pieces together in time. #2: Know the Application Requirements West Point has unique application requirements. If you’re missing any one of them, your application won’t even be considered. Make sure you familiarize yourself with these requirements before submitting. Otherwise, you’ll waste your time. #3: Demonstrate Why West Point Is Right For You West Point is not like most other colleges and universities. You need to prove that it’s the right opportunity for you, which means thinking about more than just the stellar education you’ll receive. You need to show that being a part of the military is something important to you, too, and that you’re committed to this career path. Recap: How to Get Into West Point West Point is one of the most competitive schools in the United States to get into. In order to be accepted, you need to have strong academics, high test scores, and stellar recommendations from many people, including your member of Congress or US senator. Start on your West Point application early, put effort into it, and you’ll be on the right track. What’s Next? Thinking about college? Read our guides to developing a target ACTorSAT score to get into your target colleges. Read our guides to learn more about AP tests, such as how long they areand how can you deal with exhaustion. Have you taken the ACT or SAT yet? Not sure which one you’ll do best on? Read our guide to choose the test that’s right for you. Have friends who also need help with test prep? Share this article! Tweet Hayley Milliman About the Author Hayley Milliman is a former teacher turned writer who blogs about education, history, and technology. When she was a teacher, Hayley's students regularly scored in the 99th percentile thanks to her passion for making topics digestible and accessible. In addition to her work for PrepScholar, Hayley is the author of Museum Hack's Guide to History's Fiercest Females. Get Free Guides to Boost Your SAT/ACT Get FREE EXCLUSIVE insider tips on how to ACE THE SAT/ACT. 100% Privacy. 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Evaluation of Hyundai Motor Company Essay Example | Topics and Well Written Essays - 1000 words

Evaluation of Hyundai Motor Company - Essay Example For instance, the company registered revenues of $72.3 billion in FY2009, an increase of 14.7% over FY2008. In particular, Hyundai boosted its operating profit margins over the last three financial periods and it elevated from 4.1% in FY2007 to 5.9% in FY2009. Thus, Hyundai has been able to improve the automobile market share in the global market more than other competitors in spite of the recent world economic recession (Datamonitor, 2010). Origins and Key Developments Hyundai was established in 1967 and it did not have proper technology in order to produce automobiles. As a result, although Hyundai released the Pony, the first export car model in South Korea, with technical assistance from Mitsubishi Motor in 1975, the company struggled with the manufacture of cars until the 1980s (Company Website, 2010). However, Hyundai developed core components independently such as gasoline engines and transmissions for the first time in the 1990s (ibid) and the company began to invest signific antly into its car quality, design, and research in the 2000s. As a result, Hyundai has been able to achieve high sales and a powerful brand value in the world automobile market (Datamonitor, 2010). ...   re, Hyundai was awarded â€Å"car maker of the year 2010† by AM, the UK’s auto trade magazine (AM Website, 2010), and automobile experts from nine Middle East countries selected Sonata, the company’s typical car, as the best mid-size car of the year 2010 (Company Website, 2010). Thus, the company is able to gain more customers and to record high sales due to a strong brand image (Datamonitor, 2010). Nevertheless, Kiley (2007) argues that despite earning a good reputation for a strong brand value, the company still does not establish high sales in the luxury car market. Customers who want to buy a car from Hyundai are mainly considering its inexpensive price and this price story is called the company’s image problem â€Å"The Yugo Factor† (BusinessWeek, 2007). When the company entered the US car market in the 1980s, it was generally compared with Yugoslavian automobiles which have quality problems (ibid). For instance, when the Hyundai’s v ehicle was shown without any company’s logo in research with 200 car traders in the US, 71% of people would buy it. However, when the car’s logo was displayed, there were only 52% of people. This is the reason that Hyundai is still struggling in the luxury automobile market (Kiley, 2007). However, Hyundai

Kudler Fine Foods Essay Example | Topics and Well Written Essays - 500 words

Kudler Fine Foods - Essay Example Although Kathy’s store concept is great and she has no direct competition- her overwhelming responsibilities are hindering her efforts as the general manager of her store. In order for Kudler Fine Foods to expand into new geographical areas, Kathy Kudler must redefine her organization and utilize effective time management to increase her personal time efficiency as well as her staffs. In order for the Kudler store to expand and allow for great overall efficiency and time management a number of factors must be corrected. Right now Kathy is in charge of all ordering and product control, this will be cumbersome as the product line increases along with consumer demand. Kathy must develop a centralized management and control of the products, assortments, and pricing. Secondly, she must delegate the task of supply management to one manager to include product buys and invoice matching. There are several software companies such as Aldata that offer a complete software interface to int egrate the inventory controls. (www.aldata-solution.com) Thirdly, Kathy must optimize inventory levels by utilizing demand forecasting, and take account of the products expiry dates and ensure that her perishable items are being purchased instead of wasted away.