Managerial Accounting Triton Corporation

Question: Examine about the contextual investigation Managerial Accounting for Triton Corporation. Answer: Presentation The accompanying report assesses the money related territory of Triton Corporation in carrying business manageability to the venture. Accordingly, the item divisions just as the necessary capital ventures that would be expected to guarantee smoother stream of tasks is expressed. Other than this, the task expresses the suggestions for the use of low-esteem included things for accomplishing more prominent budgetary returns and gainfulness. Essential key choices will be made with respect to the selling of the restroom adornments just as the funnel divisions. This can be controlled by inspecting the piece of the pie and the benefit of these sections. A decentralized market program will be set up to help dynamic and decrease in headcount of the staff. It is normal that these methods will empower a business association to expand the money related quality of the association and decrease the expense of creation. The money related proportion investigation just as the budgetary controls will b e built up to survey the monetary state of the business undertaking and react properly. Assessing six division of the organization Recognizing the item division that are delivering low worth included things and require high working capital venture: The general benefit of Triton Corporation is mostly created from Industrial Services, which utilizes ease of materials and produces the most noteworthy benefits from different divisions. Moreover, the Electrical items could be recognized as the low benefit delivering division, which needs colossal venture. In this unique circumstance, Phillips (2012) recommended that recognizing the assembling procedure with low return could help the organization in settling on sufficient speculation choices. Despite what might be expected, Weygandt et al. (2015) contended that because of extreme rivalry in some cases organizations utilize low estimating strategies , which thus diminishes its general productivity. Electrical Products Wood planks Vehicle Accessories Modern administrations Washroom administrations Channels Income 40 25.4 17.1 33.7 7 6 Costs 37.8 24 14.1 25.7 6.5 5.9 Salary 2.2 1.4 3 8 0.5 0.1 Rate of profitability 5.50% 5.51% 17.54% 23.74% 7.14% 1.67% Table 1: Showing salary created from various divisions (Source: according to contextual investigation) The above portrayed table essentially speaks to the general income, costs and pay that are created by the various divisions of Triton Corporation. In addition, the channels division is distinguished as the least salary producing process that is being utilized by the organization. Nonetheless, the general speculation that is utilized by pipes division is moderately lower than other assembling process utilized by the organization. Maher et al. (2012) referenced that assessment of the assembling procedure for the most part help organizations to recognize the overabundance use, which is decreasing the general come back from speculation. Then again, Warren et al. (2013) scrutinizes that high venture directed in items with low interest could bring about stock and speculation blockage, which may build in general expense of creation. Likewise, with the assistance of table 1, Electrical items division of Triton Corporation is recognized as the assembling procedure having low rate of return contrasted with its different procedures. In addition, Electrical division principally utilizes $37.8 million in speculation and produces $2.2 million in benefits. In this unique situation, Zimmerman and Yahya-Zadeh (2011) expressed that assembling procedure with low return could decrease limit of the organization in creating enough income to accomplish reasonable development. What's more, Triton Corporation has the most noteworthy piece of the overall industry in Electrical items, which empowers the organization to produce higher income from every one of its divisions. Nonetheless, the organization could enter new advancements to diminish cost of creation and accomplish more come back from its speculation. Despite what might be expected, Ahmed and Duellman (2013) referenced that expanding consumption on new supplies could decre ase the general money holds and working capital of the organization and thusly contrarily influence its profitability. In addition, Floor board division is additionally recognized as one of the assembling forms that workers venture of $25.4 million however create return as Electrical Product. Be that as it may, the diminished rate of return is for the most part blocks capacity of the organization to accomplish appropriate productivity and development. As indicated by Kaplan (2011), a few organizations utilizes zero based planning strategy to lessen the general consumption directed by their assembling procedure and thus increment their benefit age limit. Be that as it may, WeiBenberger and Angelkort (2011) contended that zero based planning chiefly lessens the general working capital of the assembling procedure, which may expand the general fulfillment time completed items. Assessing the ramifications of low worth included things for budgetary return and productivity of the organization: The distinguished low worth included assembling process for the most part causes Triton Corporation to assess its monetary return. In addition, the low quantifiable profit is mostly influencing the general development possibilities of the organization. In this setting Bargate (2012) contended that a few organizations to accomplish higher piece of the pie utilizes low evaluating system, which thus decreases the general come back from speculation. These low rates of return mostly have certain ramifications on gainfulness and future development of the organization. These suggestions are as per the following: Diminished speculation limit: The low rate of profitability for the most part squares capital of the organization and decreases its ability to settle on sound venture choices. Moreover, low rate of return for the most part lessens benefits of the organization, which thusly influences its dynamic procedure. Chiarini (2012) referenced that a few organizations viably use action based planning to decrease the general consumption on their assembling procedure and increment their money holds. Furthermore, Triton Corporation could adequately utilize Zero based planning to lessen the general expense of creation. In addition, with the assistance of compelling promoting devices the organization could likewise build its piece of the overall industry and thus increment its arrival on venture. Then again, Phillips (2012) reprimands that without higher item quality items, interest in advertising exercises could just build consumption of the organization and hamper its general productivity. Decrease in real money holds: Diminished degree of profitability could likewise influence money stores of the organization, which thusly may adversely influence its future venture choices. All things considered, Maher et al. (2012) scrutinizes that diminished money stores could likewise demonstrates a higher premium installment led by the organization because of collection of high premium credits. Moreover, low money saves for the most part lessen limit of Triton Corporation to settle on satisfactory speculation choices. Zimmerman and Yahya-Zadeh (2011) referenced that during downturn generally money stores and capital utilized by the organization is contrarily influenced, which thusly influences its benefit age limit. Low benefits anticipated on budgetary report: The low degree of profitability could likewise be anticipated on the general money related report of the organization. This marked down productivity from speculation could contrarily influence the dynamic procedure of its speculators and influences its general offer cost. In this unique circumstance, Weygandt et al. (2015) referenced that a few organizations to keep up high offer cost predominantly utilizes dishonest gauge and blow up their asset report. Besides, low degree of profitability could bring about low profit, which may lessen enthusiasm of financial specialists in the organization. Consequently, it could be assessed that low degree of profitability basically influences development possibilities and future venture choice of the organization. Basic Evaluation of the contentions for selling the two divisions The restroom adornments just as the funnels have been fundamental constituents of the Triton Corporation. These divisions have been a beneficial piece of the business venture and have contributing decidedly towards the business income. In any case, it has been concluded that both of these offices must be sold, since considerable capital consumption to hold its effectiveness. Furthermore, it very well may be said that the selling of these two divisions, will contribute emphatically to the business supportability of the business venture. According to the money related reports of the organization, the restroom extras and the funnel divisions has been possessing a 8% piece of the pie and 3% piece of the pie individually. 0.5% gainfulness has been accomplished on the deals of the restroom frill when contrasted with a 3% productivity on the deals of the channels. Consequently, the restroom adornments have been encouraging more noteworthy gainfulness than the funnel division. Other than thi s, the piece of the overall industry involved by the washroom embellishments has been far more noteworthy than the funnel division. Along these lines, it is fundamental to sell the restroom frill section for solidifying the current market position of the brand. Accordingly, the washroom extras have been a gainful market section for the brand.. On account of the channel division, the Triton Corporation needs to cause an impressive capital venture to upgrade the operational arrangements of the business element. Other than this, the channel divisions have been indicating lesser benefits when contrasted with the six divisions in the business venture. The brand will build its money related quality if the funnel division must be offered to evaluate the monetary quality of the business endeavor. The proportion investigation of the organization has indicated that the organization has been discovering hard to take care of the short

The Importance of I Know Why The Caged Bird Sings Essay

The Importance of I Know Why The Caged Bird Sings - Essay Example Angelou from the start settled on a choice to make the life account on the grounds that not many had been distributed for youthful African American young ladies in America. She intended to show to her individual individuals that despite the deterrents and the agonies they endured, there was a flooding mind and love to be felt and experienced in the African American culture (Elliot 1989). Unquestionably, the story has a very clear significance for youthful African American young ladies. This exposition will endeavor to give a record of the significance of Maya Angelou’s profoundly praised collection of memoirs. Oprah Winfrey, in her meeting with Angelou in 1993, clarified how huge the story was to her since she had the option to see her own involvement with the account (Megna-Wallace 1998). Notwithstanding, regardless of her novel goals, Angelou found that when she began composing the story her crowd and musings changed (Megna-Wallace 1998): â€Å"I saw it was for dark young ladies as well as for youthful Jewish young men and old Chinese women† (p. xii). The popularity of the collection of memoirs endures not just on the grounds that it continues being enlightening on subjects of sex and race, yet in addition because of its total story of endurance. This significance of I Know Why the Caged Bird Sings manages the general and explicit parts of the personal history of Angelou. It begins with an accentuation on the artistic segments of the account: its fundamental subjects, setting, plot, sort, viewpoint, and others. This scholarly significance portrays the excursion of Angelou from a hesitant, on edge, and forlorn young lady to a juvenile who perseveres through incalculable disappointments and torments and gets known as an independent and sure young lady. The significance of the account includes specific points raised by the story and the particular verifiable occasion it portrays. A significance, for example, this surmises an abstract piece like I Know Why the Caged Bird Sings is a dynamic story of not just a solitary

You Are Welcome Here

You Are Welcome Here My oldest son graduated from high school this summer and is now pursuing a career as a filmmaker. It was a proud moment for him, and for me his mom, when he won second place in a local filmmaking competition for his very first documentary. Of course, I would have loved his documentary even if the subject was about something I know nothing about like Dubstep. Okay, so someone please tell how this is any better than music from the 80’s? But I digress here. His film is actually about a topic I know a little something about as a queer mom who has questioned my sexual identity in the not too distant past. And it’s also, at the same time, about something I really know very little about too, because I have never questioned my gender. His film “Other” is about a very important topic for a lot of teens at his school. It is about gender and how kids are choosing to identify. It’s about challenging stereotypes. It’s about education. And mostly it’s about diversity. (And as soon as he gets it back online again, I’ll link it here.) And speaking of diversity, there are a few things I think are worth repeating about MIT. Things that make it such a great place to work and be a student. 1. MIT is very diverse  -with no majority ethnicity for one- and the Institute really believes in a person’s freedom of self-expression. Anyone who is taking part in REX right now can probably feel it. 2. And MIT has a non-discrimination policy that is worth taking a look at it. Here’s the statement. But I think one of the best things about MIT is that we are not part of the common application, which means we get to consider changes and additions to questions we include on our application completely independent of all the other common app schools and their particular needs. Right now, a small liberal arts college in Illinois is paving the way for what will soon be something for more Admissions offices to consider. Way to go Elmhurst! I think it’s about time that there are questions about sexual identity and gender identity on college applications and it’s my personal hope that MIT won’t be far behind in including these as well. I echo the sentiments of a commenter on the Elmhurst article who writes: “The question doesnt give them an advantage over other students, nor would it disqualify them from anything. It is what it appears to be: an optional self-identifier. No smoke or mirrors, no secret agenda, no harm. ??The application is in a section that states that Elmhurst College is committed to diversity and that if people choose to self-identify with any of a number of questions, they would like to help connect students with resources on campus…?“   And when it comes to resources on campus, MIT has the rainbow lounge, where I will be this week welcoming members of the freshman class at a couple of orientation events. And MIT also has this really wonderful website that is full of educational resources about transgender issues. Check it out. This a wonderful institution in so many ways and no matter how you choose to identify,  just remember: You are welcome here.

English Is An International Business Language - 1399 Words

The surest factor in accelerating the development of a universal way of life is proved by the spread of English. Language - the great agent of homogenization, it is the wave on which culture is transmitted. If English becomes the main language of communication, the consequences are obvious: culture of English-speaking countries will be dominant in the world. English is the first universal global language. Although there may be as many people who speak different dialects of Chinese language, as well as English-speaking, nevertheless, English is undoubtedly more distributed geographically, really it is more versatile than the Chinese. And it grows rapidly amazing. The aim of the research is to prove, that English is an international business language. Background A few decades ago, English and Russian languages were the international languages of communication. But after the collapse of the Soviet Union interest to the Russian language fell slightly, and nowadays English prevails in the arena of international communication. Its distribution contributes to objective and subjective reasons: the power of speaking in English (US, UK). The distribution map of the English language covers almost the entire planet Earth. Apart from the fact that around half a billion citizens of the planet believe English as a mother tongue, more than six hundred million people choose the English as the second language. English gradually began to migrate to the colonies and had to be used by localShow MoreRelatedThe Importance of Understanding Cultural Differences in International Business Communications950 Words   |  4 Pagesglobalization, organizations rely on international transactions to take place to keep their business running. 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English is used in the UnitedRead MoreEnglish Is A Global Language1474 Words   |  6 PagesEnglish is a global language in the earth Language is a form of communication between human beings. There are hundredths or thousandths of languages in all around the world. Everyday people communicate in different forms using language , Everyday people communicate in different forms using language. Out of all the languages, there is one common language used by everyone which is English . The English that is now used as an international language around the world . English is currently spokenRead MoreEssay English: A Friend or Foe?666 Words   |  3 PagesToday English is the language of international law, international politics, business and diplomacy. Day by day more minor languages disappear, and English becomes more commonly used and global. Scholars argue about how globalization of English and bilingualism around the world would affect other languages and cultures. Most of my friends think that bilingualism and globalization of English will improve the lives of people around the world; however, the situation will only encourage competition andRead MoreEnglish in the World Today1733 Words   |  7 PagesEnglish as an international language Of the 4,000 to 5,000 living languages, English is by far the most widely used. As a mother tongue, it ranks second only to Chinese, which is effectively six mutually unintelligible dialects little used outside China. On the other hand the 300 million native speakers of English are to be found in every continent, and an equally widely distributed body of second language speakers, who use English for their day-to-day needs, totals over 250 million. Finally, ifRead MoreEssay on English Language: The International Language515 Words   |  3 Pages Language is important because its one of the main ways to communicate and interact with other people around us. It keeps us in contact with other people. 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The way MikitaniRead MoreLearning A Foreign Language : Your Choice921 Words   |  4 PagesForeign Language: Your Choice Introduction It is certainly true that English is the ‘lingua franca’ of the business world, however this does not necessarily equate to â€Å"I speak English, so I do not need to learn another language†. The movie ‘Lost in Translation’ received good acclaim in 2003 for the portrayal of two Americans meeting in Japan ponders over themes such as loneliness, alienation, struggles that mono lingual English speakers face when they are forced to rely on the language skills ofRead MoreGlobalization Of The English Language1249 Words   |  5 Pagesout of four of the world’s population speaks English to some level of competence† (NADRAG, TIHENEA, and STAN, 2013). It is well known that English is a globally used language and holding balance internationally, but after all how can we ‘dig deeper’ into it? Although undisputedly English is today’s international lingua franca, the comprehension of globalization of the English language of its hi storical origin, further consequences (to other non-English speaking nations), and trend of benefit withRead MoreEnglish Language866 Words   |  4 PagesProject-English English Project Presented by: Date: May 10, 2012 Index 1. Presentation Page 2. Index 3. Introduction 4. Origin of English Language 5. Origin of the English Language 6. Origin of the English Language 7. How did the English Language spread around the world? amp; English as a major business communication around the world. } 8. Conclusion Introduction The English Language has been spoken for many years, in this project I will talk about

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How World War II Contributed The End Of The Great Depression

How World War II Contributed to the End of the Great Depression The Great Depression can be considered the true test of American resilience. Americans faced many adversities and struggled to make it through each day. The Great Depression did not begin on one single day, but was something that had been stirring for many months prior. The day of the stock market crash, October 29, 1929, everything came to head and from that day on America was thrust into a terrible economic depression which would take over 10 years to recover from (Gitlin 58). The economic depression did not occur overnight but was series of events which accumulated in the recession of the economy. Once America entered World War I, it was thrust into a time of prosperity, but as the end of war came closer so did an end to the good times (Gitlin 8). Soldiers were coming home expecting to collect the benefits of the war, which everybody else had received but instead were faced with the prospect of being unemployed and th e start of the economy s downfall. The problem was although the war was over, the mass productions still continued to flood the market. Producers continued to manufacture goods at wartime levels, leading to a surplus of products in circulation and thus forcing the prices to drop (George 14). The time after World War I became known as one of the most difficult times in American history. Many Americans were unemployed and struggled to provide for their families. But on September 1, 1939, GermanyShow MoreRelatedEssay on Aftermath of Wwi Leads to Wwii1131 Words   |  5 PagesAftermath of WWI Leads to WWII Prior to the First World War, Europe was the world center of industry and capital. 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All of these occurrences either may not have transpired, or at the very least been significantly slower in their arrival without the Japanese attack on Pearl Harbor and the entry of the U.S. into World War II. Though often times in the collectiveRead MoreNotes Chapter 21 WWI1292 Words   |  6 Pagesconsider the repercussions of nationalism and colonialism in Europe and Japan †¢ To increase student awareness of the effects of the two world wars †¢ To help students imagine the appeal of totalitarian movements in the twentieth century KEY TERMS: blitzkrieg: German term meaning â€Å"lightning war,† used to describe Germany’s novel military tactics in World War II, which involved the rapid movement of infantry, tanks, and airpower over large areas. (pron. BLITS-kreeg) European Economic Community: TheRead MoreHow Isolationism Is A Part Of American Policy1602 Words   |  7 PagesFarewell Address in 1796 and lasting to the end of World War II. 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Cultural Communication and Entrepreneurship

Question: Discuss about the Cultural Communication and Entrepreneurship. Answer: Introduction: When a person settles in another country that individual faces difficulty in understanding the language and culture of another country. As a result, confusions occur when they have to converse with the people of the foreign land. At times, just knowing the language does not serve the purpose. It is necessary to know the nature of the people and the culture of that country. When a foreigner is travelling to a new country, the person would have to be well acquainted not only with the employees of the organization but also with the people in the country. The office meetings are kept short as far as the formal meetings are concerned. As the Australians are mainly into business, they like to talk precisely about the topic like business, revenue, operations and get back to work. However, they do not mind in catching up with the colleagues at work while at lunch or after office while returning home (Carbaugh 2013). Hence, if any foreigner is coming to Australia then the free time at work like lunch or the outside the office after the office hours is the perfect time to know about the people and the working culture of the country. Hierarchies do not exist in the offices of Australia (Mak, Brown and Wadey 2013). There will be positions and designations depending on the experience to keep the work going but the division is not visible as the employees work together and communicate with freely with each other in spite of differences in the post where they are working. Thus, if a new employee joins in an organization in Australia, them the person would not have any difficulty in communicating. On the other hand , if a foreigner is coming in a new organization in a senior post, in Australia, that individual should know about the etiquettes and should communicate freely and should not expect anything like sir or madam being called in every occasions. Normal conversation in Australia consists of a number of questions that are rhetorical in nature (Jackson 2012). A question like how good is that or how good the weather is need to be answered but it can be used just as an explanation by someone. The person may want to say that something is good or the weather is fine with the help of the rhetorical questions. A person in the country should know about these types of questions so that the person does not end up in answering the questions when there is no need to answer. New Zealanders are quite helpful and they are ready to solve the confusion of the people if any. If any foreigner is confused with any of the things in New Zealand, the individual can easily ask it to the people and they will help immediately (Kinloch and Metge 2014). Interpretations should be avoided to prevent giving rise to further confusions. The alcohol culture is common in Australia and New Zealand. People socialize over beer and small get-togethers involve alcohol (Monaghan, Goodman and Robinson 2012). However, the legal age to buy alcohol is 18 in both the countries. Quite similar to Australia, socialization at office is quite common in New Zealand. People talk over small tea sessions that take place while at work. People mingle over the tea sessions. If anybody is shouting in the group, then, it is expected that the person is paying for the food and drinks and hence, nobody else from the groups talks in that pitch and keeps the voice low (Scott 2012). Even though the New Zealand socializes, but they do not like any stranger to interfere in their personal life (Kinloch and Metge 2014). Hence, other than close relatives and family members, they do not like to speak about their personal life to anybody else. One can ask about someones weekend activities, and discuss about sports or hobbies but the conversation is limited to that. In addition to this, they do not like stand very close to each other. As the model reflects, it is all about speaking, encoding and decoding. The interpreter can be called the speaker or the listener. The communication is in the form of a cycle. The speaker conveys a message, which the listener decodes and replies. Hence, it is important that the speaker and the listener understand the message that is being spoken between them or the gesture that is being made. In spite of knowing the language, the culture of that place is also important while conversing. For example, as in the case of Australia, many rhetorical questions should not be answered and in New Zealand, personal questions should not be asked. If any foreigner is new in the country, he or she should remember the model and know the culture of the country. Referring to the model will make them more aware of the factors of communication and they will be able to communicate properly in the foreign land (Neuliep 2014). After going through the culture and the communication style in the New Zealand and Australia, it can be concluded that both the countries have more or less similar culture. Socialization is one of the major factors of communication between the people of Australia and New Zealand. Hence, if a foreigner is going to Australia and New Zealand, then he or she can choose the time after office or the lunchtime to know the people and the culture. Some other things that have been identified are hierarchies are not important in Australia and they like rhetorical questions. New Zealanders are helpful but do not like personal questions and if somebody shouts in a group then it means that the person will be paying for the group while others lower their pitch. The intercultural communication model will be useful for the people who are travelling to a foreign land. The model will help the people in keeping a check on the communication process and the person will know the things to check while carry ing out the communication. References Carbaugh, D., 2013.Cultural communication and intercultural contact. Routledge. Jackson, J. ed., 2012.The Routledge handbook of language and intercultural communication. Routledge. Kinloch, P. and Metge, J., 2014.Talking past each other: problems of cross cultural communication. Victoria University Press. Mak, A.S., Brown, P.M. and Wadey, D., 2013. Contact and attitudes toward international students in Australia: Intergroup anxiety and intercultural communication emotions as mediators.Journal of Cross-Cultural Psychology, p.0022022113509883. Monaghan, L., Goodman, J.E. and Robinson, J.M., 2012.A cultural approach to interpersonal communication: Essential readings. John Wiley Sons. Neuliep, J.W., 2014.Intercultural communication: A contextual approach. Sage Publications. Samovar, L.A., Porter, R.E., McDaniel, E.R. and Roy, C.S., 2014.Intercultural communication: A reader. Cengage Learning. Scott, M., 2012. Cultural entrepreneurs, cultural entrepreneurship: Music producers mobilising and converting Bourdieu's alternative capitals.Poetics,40(3), pp.237-255.

Pearse Street Consulting Inc Network Design

Biography of Thomas Adams, American Inventor

Biography of Thomas Adams, American Inventor Thomas Adams (May 4, 1818–February 7, 1905) was an American inventor. In 1871, he patented a machine that could mass produce chewing gum from chicle. Adams later worked with businessman William Wrigley, Jr. to establish the American Chicle Company, which experienced great success in the chewing gum industry. Fast Facts: Thomas Adams Known For: Adams was an American inventor who founded the chewing gum industry.Born: May 4, 1818 in New York CityDied: February 7, 1905 in New York City Early Life Thomas Adams was born on May 4, 1818, in New York City. There is little recorded information about his early life; however, it is known that he dabbled in various trades- including glassmaking- before eventually becoming a photographer. Experiments With Chicle During the 1850s, Adams was living in New York and working as a secretary for Antonio de Santa Anna. The Mexican general was in exile, living with Adams in his Staten Island home. Adams noticed that Santa Anna liked to chew the gum of the Manilkara tree, which was known as chicle. Such natural products had been used as chewing gum for thousands of years by groups such as the ancient Egyptians, Greeks, and Aztecs. In North America, chewing gum had long been used by Native Americans, from whom British settlers eventually adopted the practice. Later, businessman and inventor John B. Curtis became the first person to sell gum commercially. His gum was made from sweetened paraffin wax. It was Santa Anna who suggested that the unsuccessful but inventive photographer Adams experiment with chicle from Mexico. Santa Anna felt that chicle could be used to make a synthetic rubber tire. Santa Anna had friends in Mexico who would be able to supply the product cheaply to Adams. Before making chewing gum, Thomas Adams first tried to turn chicle into synthetic rubber products. At the time, natural rubber was expensive; a synthetic alternative would have been extremely useful to many manufacturers and would have guaranteed its inventor great wealth. Adams attempted to make toys, masks, rain boots, and bicycle tires out of the chicle from Mexican sapodilla trees, but every experiment failed. Adams became disheartened by his failure to use chicle as a rubber substitute. He felt he had wasted about a years worth of work. One day, Adams noticed a girl buying White Mountain paraffin wax chewing gum for a penny at the corner drugstore. He recalled that chicle was used as chewing gum in Mexico and thought this would be a way to use his surplus chicle. According to a 1944 speech given by Adams grandson Horatio at a banquet for the American Chicle Company, Adams proposed to prepare an experimental batch, which the pharmacist at the drugstore agreed to sample. Adams came home from the meeting and told his son Thomas Jr. about his idea. His son, excited by the proposition, suggested that the two manufacture several boxes of chicle chewing gum and give the product a name and a label. Thomas Jr. was a salesman (he sold tailoring supplies and sometimes traveled as far west as the Mississippi River), and he offered to take the chewing gum on his next trip to see if he could sell it. Chewing Gum In 1869, Adams was inspired to turn his surplus stock into chewing gum by adding flavoring to the chicle. Shortly after, he opened the worlds first chewing gum factory. In February 1871, Adams New York Gum went on sale in drug stores for a penny a piece. The gumballs came in wrappers of different colors in a box with a picture of New Yorks City Hall on the cover. The venture was such a success that Adams was driven to design a machine that could mass-produce the gum, allowing him to fill larger orders. He received a patent for this device in 1871. According to The Encyclopedia of New York City, Adams sold his original gum  with the slogan Adams New York Gum No. 1 - Snapping and Stretching.  In 1888, a new Adams chewing gum called Tutti-Frutti became the first gum to be sold in a  vending machine. The machines were located in New York City subway stations and also sold other varieties of Adams gum.  Adams products proved to be very popular, much more so than the existing gum products on the market, and he quickly dominated his competitors. His company debuted Black Jack (a licorice-flavored gum) in 1884 and Chiclets (named after chicle) in 1899. Adams merged his company with other gum manufacturers from the United States and Canada in 1899 to form the American Chicle Company, of which he was the first chairman. Other companies that merged into it included W.J. White and Son, Beeman Chemical Company, Kisme Gum, and S.T. Briton. The rising popularity of chewing gum in the decades that followed led scientists to develop new synthetic versions; nevertheless, some old-fashioned chicle varieties are still manufactured and sold today. Death Adams eventually stepped down from his leadership position at the American Chicle Company, though he remained on the board of directors into his late 80s. He died on February 7, 1905, in New York. Legacy Adams was not the inventor of chewing gum. Nevertheless, his invention of a device for mass producing chewing gum, along with his efforts to promote it, gave birth to the chewing gum industry in the United States. One of his products- Chiclets, first introduced in 1900- is still sold around the world today. In 2018, chewing gum sales totaled about $4 billion in the United States. The American Chicle Company was purchased by a pharmaceutical company in 1962. In 1997, the company was renamed Adams in honor of its founder; it is currently owned by the confectionery conglomerate Cadbury, which is based in England. Sources Dulken, Stephen Van.  American Inventions: a History of Curious, Extraordinary, and Just Plain Useful Patents. New York University Press, 2004.McCarthy, Meghan.  Pop!: The Invention of Bubble Gum. Simon Schuster, 2010.Segrave, Kerry.  Chewing Gum in America, 1850-1920: the Rise of an Industry. McFarland Co., 2015.

HIRING pROCESS Assignment Example | Topics and Well Written Essays - 250 words

HIRING pROCESS - Assignment Example Being a registered member of the nursing board is one of the major qualifications that are needed for one to become a nurse at the healthcare facility. In case the candidate is not yet registered, she/he should be willing to be registered with the body. One of the federal obligations is that an employee has to be able to legally work in the US. This means that children and people of unsound mind are not qualified for this employment (Yoder, 2011). The state also requires that every nurse has to be licensed and so this becomes one of the federal obligations. In order for the hospital to provide the best healthcare facility to the public, they have to ensure that only the best nurses are selected for the job (Yoder, 2011). After the short listing, an interview has to be done during which each candidate is awarded marks that will be used to grade them. The national labor regulation board (NRLB) has no role at all in the interview process and so the interview process is completely thee job of the interviewing panel that is selected by the HR based on

Motivation, Stress and Communication Essay Example | Topics and Well Written Essays - 1500 words

Motivation, Stress and Communication - Essay Example Job Design Considerations as Human Resources Manager As a human resource manager in Home Depot, the a job design involves, which planning directing, and coordinating human resource management activities in the organization in order to increase the strategic use of human resource and maintenance of function like employee recruitment, compensation, personnel policies and regulatory compliance. The human resource manager has been charged with the responsibility of identifying staff vacancies and recruiting, interviewing and selecting applicants, allocating human resource, ensuring appropriate matches between personnel and providing current and prospective information to the employee concerning job duties, working conditions, wages, opportunities for promotion and benefits. Moreover, the HRM performs the duties of staffing, which include understaffing, refereeing, firing, administering disciplinary procedures, advising managers on matters related to equality in employee opportunity and recommending changes. Use of Goal Setting to Motivate Performance Goal setting can be applied for motivating performance through the Goal-setting theory of motivation, which was developed in 1960’s Edwin Locke, whereby it states that setting of goals is related to task performance (Lunenburg, 2001). The theory explains the specific and challenging goals and appropriate feedback that facilitates improvement in performance, since the goals offer guidance to employees concerning their needs, and the efforts that are required to achieve these objectives. These goals increase the willingness to work, thus making them a source of motivation, though there is a need for clear, particular and sophisticated goal as a motivating factor, instead of general, basic and vague goals. Therefore, the specific and clarification in the goals results to an increased performance, and goals are associated with deadlines for completion in order to avoid delays and misunderstanding. On the other hand, the goals are expected to be realistic and challenging, and it gi ves individuals a feeling of pride and triumph after attaining the set objectives, thus setting them up to achieve the next goal. In this case, a challenging goal is a substantial reward, and there is a passion associated with achieving, through appropriate feedback that guides the employees behaviors and contribute to increased performance is needed. Clarification, regulation of difficulties and attaining reputation are the purposes of feedback, and these assists the employees to work to facilitates more job satisfaction. There is a need to reinforce the increased performance through facilitates the sustenance of desired behaviors, thus creating the need for borrowing ideas from the Reinforcement theory of motivation that was proposed by BF Skinner and his associate. The theory states that the individual’s behaviors are functions their consequences and this is based on law of effect, whereby there are behaviors with positive consequence that are repeated others have negative effects, and they tend not to be repeated. The positive behaviors contribute to achievement of organizational goals while the negative behaviors reduce the efforts towards

Is Nakumatt Operating As A Monopoly Economics Essay

Is Nakumatt Operating As A Monopoly Economics Essay Introduction Here in Kenya, all big cities and many of the smaller towns have at least one supermarket. The quality (of goods and services) is usually quite high. When we enter a supermarket, we find Kenyan and other regional brands as well as many Western and International. A  supermarket  is a  store  that sells a wide variety of goods including  food  and  alcohol, medicine,  clothes, and other household products that are consumed regularly  [1]  .  The stores are usually part of corporate  chains  that own or control other supermarkets located nearby or even transnationally thus increasing opportunities for  economies of scale  [2]  ( this is the decrease in cost of production that occur as a firm increases all its output by increasing all its inputs. Economies of scales explain the downward sloping porting of the long run average total cost curve: as output increases, and the firm increases its size by all inputs, as the average cost or cost per unit, falls). The supermarket typically comprises  meat, fresh  produce,  dairy, and baked goods departments, along with shelf space reserved for  canned  and packaged goods as well as for various non-food items such as household cleaners,  pharmacy  products and  pet  supplies. Most supermarkets also sell a variety of other household products that are consumed regularly, such as alcohol  (where permitted),  medicine, and  clothes, and some stores sell a much wider range of non-food products  [3]  . In Kenya, the supermarket industry has grown from a tiny inch at the start of the 1990s to 20% of the urban food retail sector in 2003. Furthermore, Kenyan supermarket chains are increasingly sourcing from global markets and have started to expand their store network in the wider East Africa region (Kigali, Rwanda)  [4]  . With 18 big stores, Nakumatt is the biggest supermarket chain in Kenya. Its main competitor Uchumi used to be big too, but it had to close due to financial difficulties. Meanwhile it has reopened 14 shops again in major cities. In the Kenyan supermarket industry we also find Chandarana ltd and Tuskys. Nakumatt and Uchumi are two Kenyan supermarkets which not only have branches in Kenya but also in other parts of east Africa. Hence my interest and therefore my research question is: Is Nakumatt Ltd operating as a Monopoly in my residential area? I live at 500m from the YAYA Center; at my location, I am surrounded with 6 big branches of the main supermarkets in Kenya. The 6 supermarkets that you will find in this area are: on Ngong Road: Nakumatt Prestige, Uchumi hyper Ngong road, Tuskys Adams, Uchumi Adams, and Nakumatt Junction, in the YAYA Center: Chandarana Ltd. I have always been wondering how these supermarkets do to survive together and especially Nakumatt and Uchumi, why do they have to different branches in the same area. The purpose of this extended essay is to find out by using data collection and after an interview with the branch managers of all these supermarkets answering to the question: whether or not Nakumatt is operating as a monopoly in the supermarket industry in my residential area? Researching for this essay will enable me to understand or have an idea of how these supermarkets can cohabit-ate together in the same area. Methodology of data collection To answer this essay question, which is to know if Nakumatt ltd is operating as a monopoly on the consumers who live is the same residential area as me. To be able to pursue this survey, I used the most common research method which is to hand out a number of questionnaires to people that I know and others living in a range of 1km from me. I will use primary sources. First I will be giving out 50 questionnaires to people living in my compound and in the surrounding areas. With all the answers, I will be able to find out which one of the supermarkets located near where I stay is more popular, is averagely earning more and their pick hours. It will also help me to know how often people usually frequent these supermarkets, how much do they spend and how long do they stay in there depending on the time. The fact that I am giving out the questionnaires, I not to show that I did some research but to see (hear) what the public(customers) have to say about the supermarkets because their opini on counts as equal as or even greater than the one from the owners of these supermarkets because we are all humans and it is expected for the managers to be bias about their supermarkets. The second method I will use is the face to face interview with the branch managers of these supermarkets which is also very important but more significant because it will help me to have real data statistics on the population that frequents them daily, weekly monthly and annually. And also it will help me to know their strategy and plans on the market to be able to understand the structure in which they are operating on whether it is a monopoly or an oligopoly market. This method will be the hardest because having the chance to have a meeting with these managers when you are not a businessman who can contribute in the well-being of the company can be a hustle( very complex task); these people are very busy men and have very many things to do on their agenda. I will also use a secondary source: The Internet. With the internet, I will be able to have supplementary information and have a greater number of sources. Related information Market Structures A market structure describes characteristics of a market organization that determine the behavior of firms within an industry. There are four types of market structures identified by economists: Perfect competition ( also known as pure competition) Monopoly Monopolistic competition (also known as imperfect competition) Oligopoly A market structure can be defined on the basis of four main characteristics: The number of firms in the industry. The ability of the firm to control the price at which the good is sold in the market. The types of product, in particular how similar or different are the goods or services produced by firms in the industry. how easy is it for new firms to enter the industry and begin producing, which depends on the degree to which there are barriers to entry in the industry; barriers to entry include anything that can prevent a firm from entering and beginning production  [5]   Perfect competition This is a purely theoretical type of market. It has a very high level of competition and has the following characteristics: there are an infinite number of buyers and sellers, all the firms produce the same identical product (homogeneous) without any differentiation (branding). There is perfect information and no trade secret which allows the consumers and the other producers to know what is happening in the market at any time, there is no intervention of any government in the way the market interacts. Monopoly A monopoly is a market structure in which we only have one firm in the industry and the firm is the industry. A monopoly operates with the following characteristics: the barriers to preventing new firm form entering the industry are very high; the firm is the price maker which means that output will depend on the price set by the firm; the monopolist is a short run profit maximizer. In facts, we have two types of monopolies: natural monopoly and pure monopoly. A natural monopoly exists when there is great scope for economies of scale to be exploited over a very large range of output. Indeed the scale of production that achieves productive efficiency may be a high percentage of the total market demand for the product in the industry  [6]  . A pure Monopoly exists when a single firm is the sole producer of a product for which there are no close substitutes  [7]  . An Actual Monopoly is when the firm has more than 25% of the market shares  [8]  . Monopolistic Monopolistic competition  is a form of  imperfect competition  where many competing producers sell products that are  differentiated  from one another (that is, the products are  substitutes, but, with differences such as branding, are not exactly alike). In monopolistic competition firms can behave like  monopolies in the  short-run, including using market power to generate profit. In the  long-run, other firms enter the market and the benefits of differentiation decrease with competition; the market becomes more like  perfect competition  where firms cannot gain economic profit. Monopolistic competitive markets have the following characteristics: We have a large but not infinite number of producers and a greater number of consumers. And due to their relatively small size, there is not a single firm that has total control over the market price. But the producers have only a degree of control over price. Consumers perceive that there are no differences in price between the competitors branded products. The barriers to entry and exit are very few (not to say that they practically do not exist). The costs for the firm are very low, which makes it easy for new arrivals to enter the industry or others to leave. Oligopoly An Oligopoly is a market structure where we have a few firms who dominate the market, these firms might be producing similar products, but the products can be differentiated (branded). Supply in the industry must be concentrated in the hands of relatively few firms and dominating firms are independent. Barriers to entry are present especially due to collusion and economies of scale; and prices are likely to be rigid as firms use non-price competition. Firms can make abnormal profit in the long run though they may not be very high  [9]  . When firms decide to collude, they start charging at the same price, and also having a monopoly power and acting as one monopoly. Any monopoly profit made is divided up among the firms taking part of the collusion. Background information To carry out this investigation, and base our theory on our findings, we must know about the past of these supermarkets: because it is very important to know how their started, who owns them (government, cooperation or family), their real market shares, how many branches have they managed to open so far. Nakumatt Nakumatt was established in 1987 as the brainchild of the late retail guru Mr Maganlal Shah who founded Nakuru Mattresses before passing the mantle to Mr Atul Shah, the current managing Director. The supermarket chain was founded as a ten square foot emporium which has grown to cover a selling space of more than one million square feet, with the head office and distribution center occupying some 140,000 square feet of storage and office space. The payoff line You need it, weve got it! indicates Nakumatts commitment to providing the largest variety and highest quality of local and international brands at reasonable and uniform prices. The Nakumatt Smart Card is a loyalty program started in 2003 that enables customers to accumulate smart points with their purchases. On accumulation a certain amount of points, clients can claim smart rewards and prizes. Smart Card shoppers also enjoy discounts with service providers, random surprises on birthdays, off-peak time double points and redempt ion points for purchases. The retail chain has grand plans for the future. These include: à ¢Ã¢â€š ¬Ã‚ ¢ Increasing the range of goods available to Kenyan consumers at affordable rates. à ¢Ã¢â€š ¬Ã‚ ¢ Improving the local economy by employing more Kenyans. à ¢Ã¢â€š ¬Ã‚ ¢ Delivering expected financial results by providing quality, variety, exceptional, service and enhanced lifestyles. à ¢Ã¢â€š ¬Ã‚ ¢ Increasing investments in training and development of staff to ensure performance and job satisfaction. à ¢Ã¢â€š ¬Ã‚ ¢ Developing an integrated nationwide Network. à ¢Ã¢â€š ¬Ã‚ ¢ Increasing turnover to KSh 20 billion (285.7 million US dollars). à ¢Ã¢â€š ¬Ã‚ ¢ Expanding to the sub-continent. à ¢Ã¢â€š ¬Ã‚ ¢ Listing on the Nairobi Stock Exchange. Source: http://www.superbrandseastafrica.com/assets/Featured-Brands/PDFs/129-nakumatt.pdf Tuskys Tuskys, is said to be the second largest retailer in the country with more than eighteen stores all over the country, operates supermarkets and has been able to seal any gaps left by Nakumatt. The retailer recently rebranded from Tusker Mattresses to Tuskys, a sign of the companys transformation from a family business to a corporate entity. Due to popular demand and the lack of land available in the capital for large sized stores, Tuskys has been forced to relocate some of its stores in Nairobi and the retailer is currently expanding its network into suburban districts such as Thika, Athiriver and Rongai. Tuskys latest store has also opened further afield in the lakeside city of Kisumu in the west of  Kenya, close to the Ugandan border.  [10]   Tuskys is the first supermarket in the whole of Kenya to introduce the use of the fidelity smart card. This is a loyalty card which gives a 1Ksh voucher to the card holder for every 100Ksh purchase this voucher can be used to buy any items at any times just buy presenting your identification. Uchumi Uchumi  is a  Kenyan  supermarket chain  which was founded in 1975 and which was listed on the Nairobi Stock Exchange in 1992.The name  Uchumi  means economy in  Swahili, the Kenyan National language. Uchumi operates 4 hyper-stores, 8 supermarkets and 2 convenience stores, and employs more than 1,000 people. Uchumi has stores in the major towns of  Nairobi, Karatina,  Eldoret  and  Meru  [11]  . Whilst Nakumatt and Tuskys are playing a leading role in  Kenyas burgeoning retail market, Uchumi Supermarkets, currently positioned in fourth place in  Kenya, has had a history of financial problems. The companys problems have derived from general mismanagement and corruption issues, and Uchumi was expected to either die a natural death or be sold to another retailer when its former managing director, John Smith, announced its closure in June 2006  [12]  . Uchumi closed down, albeit temporarily, in June 2006 after 30 years of business.  At the time, its cl osure was described as one of the greatest corporate disasters in independent Kenya history  [13]  .  However, the government is one of the founders of Uchumi Ltd so letting Uchumi close down was not in their interest. So they had to sell 50% of the companys shares to the public in order to rescue the brand. Then Uchumi started reopening all over Nairobi from July 15, 2006. Uchumi receives more than 3000 customers daily. The government controls the quality and the pricing of the goods. All the goods in Uchumi are certified and approved by the Kenya Bureau of Standard (KBS). Uchumi used to have an annual magazine showing all the items they have in stock; but this stopped when it closed down. They use multiple ways of advertising like the radio, the television and the newspapers. They also have a smart-card. Only during Christmas, the stores are opened 24/7, this is because, they think that it is not effective in Kenya. They offer a home delivery service orderable from their web site and the charge depends on the distance of your location. Uchumi believes that what makes them attracts their customers is their customer service and also believe that their competitors havent reached that level. Uchumi own all their buildings. They have the option of paying electricity bills with a Kenya power counter; this attracts also the customers to enter the supermarket as they can avoid any congestion instead of going to the Kenya Power office. Chandarana Chandarana Supermarket Ltd is a retail chain in Kenya dealing with consumer products. It is currently headquartered at Mobil Plaza, Muthaiga in Nairobi. It has four Branches within Nairobi Yaya center, ABC Place, Muthaiga and Highridge. In this research, only the one located in the Yaya Center will be studied. I chose to include Chandarana in my study because when we first came to Kenya (my family and me), we bought from there everything belonging to the house there and even food supplies. Presentation of data collected To carry out the survey I gave out 38 questionnaires to first peoples living in the same compound as me then some people that I know in the surrounding houses and apartments. I know that I didnt meet my objective which was to give out 50 questionnaires as I mentioned in the METHODOLOGY OF DATA COLLECTION, but this was due to multiple reasons. I could only do the survey with people who knew me because other maybe didnt trust me (even though I showed them my school identification card and my recommendation letter) or felt like I was asking them questions about them private life. I gave to all of them a period of 3 weeks to review their habits and be able to answer without having to make hard choices. The reason why I gave them 3 weeks is because people tend not to say the truth when they are given 5 minutes to answer. With all this period of time, they can analyze every question and answer it with a calm and clear state of mind. As I said it earlier, I live near the YAYA Center in Kili mani. The YAYA CENTRE is a modern multifunctional shopping mall, it was founded in the late eighties in Nairobi and is today one of the leading shopping malls housing over 100 shops and offices  [14]  .The diagrams below shows the results of my investigation. Nakumatt Uchumi Tuskys Chandarana 27 2 6 3 71% 5% 16% 8% This table shows the repartition in numbers and in percentages of the consumers depending on the supermarkets they frequent the most. This pie chart has the same function as the table above it. This chart is easier to understand and shows the differences between the supermarkets in terms of popularity. But I believe it is a good representation of the whole population in my residential area. By the end of this research, I found out that 71% of the surveyed population was Nakumatt truthful customers, 5% of them were Uchumi customers, 16% of them were Tuskys customers, and 8% of them were Chandarana customers as shown on the table and the pie chart above. As we all know, in a monopoly market, we only have one firm, and that firm is the industry. If we refer to the pie chart and stick to the traditional definition of a monopoly, we cannot assume at 100% that Nakumatt is operating as a monopoly in my residential area, because we also have other different supermarkets operating in the same area. If we were to base our facts on the data from the investigation, we could say that the representation of the supermarkets in my residential area demonstrates that Nakumatt Ltd is the most dominant supermarket in Kilimani. And view to its relative size and number of customers, we could also say that it does have monopoly power in my residential area; because if we may say, it controls 71% of the population. Age Nakumatt Uchumi Tuskys Chandarana Total under 18 3 1 4 19-25 4 2 6 26-30 5 5 31-35 6 1 1 1 9 36-45 8 1 2 11 over 45 1 1 2 total 27 2 6 3 38 From this table, we can see that the age differentiation doesnt matter because these supermarkets are stocked in order to satisfy the whole of the population that can afford their items. This means that the age of the individuals will not be an obstacle for them meeting their wants as the supermarkets are prepared to satisfy anyone. I do not think that we should place a theory on a supermarket for being destined more for a specific age class. Conclusion Generally supermarkets in Kenya and all over the world belong to the Oligopoly market. This is because the supermarket industry I being run by a little amount of important brands. It might be confusing for saying that Nakumatt is a monopoly and later saying that it is not. This is because by studying how Nakumatt operates in the industry and how they interact with their customers and also their total market shares, we could post them in a position of a Monopoly. Although, even though they might have the characteristics of a monopoly, the presence of other firms (Uchumi, Tuskys and Chandarana) discredits the possibility of them being one. After doing all the necessary research, I came up with a conclusion which states that Nakumatt doesnt operate as a monopoly in my residential area, but in that oligopoly market, it has a monopoly power on customers, which makes them practically all choose Nakumatt.

Sir Francis Bacons Advancement of Learning and Information on the Internet :: Internet Net World Wide Web Media

Sir Francis Bacon's Advancement of Learning and Information on the Internet In the book of Ecclesiastes we are told, "Of making many books there is no end; and much study is weariness to the flesh." (Eccles. 12:12) If we compare web sites to books, then it follows that there is no end to the amount of information put onto the Internet, and that studying, or, browsing the Internet is tiring. Additionally, we read, "For in much wisdom is much grief: and he who increases knowledge increases anxiety." (Eccles. 1:18) The sheer quantity of information found on the Internet must increase our knowledge and this we read - that anxiety follows. Bacon's tells us that what we need is not quantity, but quality of information plus a corrective spice. Bacon reasons that the biblical writers were not thinking of "pure knowledge" of nature and universality. He suggests that they were referring to people's attempts to rule themselves using knowledge of good and evil, in which case depending no more on God. Therefore, there is no grief in learning. How large a quantity of knowledge can completely fill the mind? Nay, the mind can never be satisfied with a quantity of knowledge states Bacon. He quotes the Scripture, "the eye is never satisfied with seeing, nor the ear with hearing." (Eccles. 1:8) There is nothing in this world that isn't reached by people's inquiry and invention. If this is the capacity of the mind, then it is clear that there is no problem with having too much knowledge. The problem is the quality of knowledge therein. The fact that the Internet is bristling full of information, too much information for a single human being to comprehend, is not the problem, but the real issue is in the quality of the information therein. The old lesson on Internet searching is when you enter for example, "computers," and the search engine returns 10 of an abominable 8,102,365 matches. You would exclaim, "Wow! There is a lot of information in there." Then you would ask, "How do you know what is good?" Where is the quality? Portals (who run search engines) these days are adding value to their searched information thereby returning higher quality results, often grouped by appropriate categories, thus pinpointing useful information for the learning public. Yes, the quality of information needs to increase, but Bacon tells us that we need a corrective spice. The reason we need this spice is that the information may be of high quality but be "venomous" or malign in nature.

Advanced Marketing

Marketing includes planning, organizing, directing, and controlling the decision-making of a company regarding product lines, pricing, promotion, and servicing (Marketing, 2004). Comprehensive planning is important in marketing, thus a marketing plan is an important output of the marketing process.A marketing plan is a written document that details the actions necessary to achieve a specified marketing objective (Marketing plan, 2006). A marketing plan determines the company’s target market, competition, products, budget, location, pricing, and promotional strategy.Strategic marketing plan and tactical marketing plan are the two outputs of a company’s over-all marketing plan. Marketing plan, strategic marketing plan, and tactical marketing plan are all part of the planning process and are prepared by organizations to outline the means in which objectives can be achieved.The strategic marketing plan usually has a time span of 3 to 5 years. The strategic marketing plan in cludes the strategic objectives of the company. The strategic objectives are those that create the environment in which the product or service will be sold (What is a marketing plan, 2006). At the strategic marketing plan level, management is scanning the environment, looking for developing markets as their target markets (Nowell, 2000).The tactical plan follows the strategic plan and focuses on implementing the first part of the strategic marketing plan. The tactical marketing plan is the execution of the company’s marketing plan such as generating leads, placing media, creating marketing tools, and implementing follow-up system (Gamble, 2005).Tactical marketing objectives of the company are tangible, measurable task that have to be accomplished to further the strategic objectives (What is a marketing plan, 2006). The tactical marketing plan as compared to strategic marketing plan presume the target market and other marketing strategy as a given and do not look at the extern al environment (Nowell, 2000).ReferencesGamble, M. (2005). Strategic marketing and tactical marketing know the differences and profit. Retreived December 2, 2006 from: http://www.MYMOnDemand.com/vpc1_mgnmMarketing (2004). Encarta Reference Library. Microsoft CorporationMarketing Plan (2006) Wikipedia. Retrieved December 1, 2006 from: http://en.wikipedia.org/wiki/Marketing_planNowell, D. (2000). Effective marketing plans. Retrieved December 2, 2006 from: http://www.sheridanc.on.ca/~nowell/markplan/intro.htmWhat is a marketing plan? (2006). Retrieved December 1, 2006 from: http://marketplan.us/what%20is%20a%20marketing%20plan%20doc.htm

A Successful Engineer Essay - 1252 Words

Obstacles had never been obstructing my effort to succeed in life. As an engineer to be, it is important to me to be prepared for the hurdles in the real world. The world nowadays needs a person who could compete and has great abilities to stand on the same level as others. Multiple skills and critical opinion of an issue are essential for an engineer to jump into this challenging career. For me, a strategic planning and full preparation need to achieve the aim of being an expert engineer. To accomplish my goal, it is very vital to reflect myself and make an action in increasing my effectiveness and reaching my potential. 4000 miles away from hometown are a sacrifice that I had made not just for a degree but more than that. Being an†¦show more content†¦Besides, I have the problem to find the key points and important facts during the lectures, and I am wasting my time writing down the points which not necessary. I cannot see the overall concept which the lectures try to deliver and the important ideas. I don’t want this to be a problem for me anymore as it may affect my study and my concentration during lecture time. So I make a step to seek and think what the main concept is, and I try relating all the ideas of the course so that I can see clearly the overall picture and understand the topics that I learn. I also read the notes and make an effort to understand the lesson that will teach before going to the lecture. This helps me to give the overall ide a of new topic that I will learn. Time management is the key thing of successful. I am not good in managing time because I don’t organize my study time carefully and not use my time wisely during work. I always leave everything until the last minute, and sometimes I do unimportant things like playing games, surfing internet and watching movie, but actually I know there a lot of work to finish off. I get to the bottom of this crisis and try to systematize my study and set up my work. I make a schedule of revision, and I put a date where I need to complete the schoolwork. I also make a small target, for example, I want to understand the concept of heat transfer by the end of this week, and I have to achieve it no matter what. IShow MoreRelatedBecoming A Successful Engineer Or Architect1371 Words   |  6 Pagessocial issues, this class has aided me in dealing with them all. From taking this class it has prepared me a little more to try and be an architect or an engineer. I still have much to learn, but I am hea ding in the right direction. Once I graduate from college I will have amassed enough knowledge and experience to become a successful engineer or architect, I haven’t really made up my mind yet. In completing the numerous engineering projects in this class I have been tasked with many types of groupRead MoreMy Dream Job Is A Successful Software Engineer2151 Words   |  9 Pagestimes. Though because of the progression of technology I feel I would be more suited in a field involving computers. My dream job is to become a successful software engineer because I have always been into computers systems but can I fit this job, is the career life something I can manage and what opportunities should I go after when becoming a software engineer. Each time I notice how a program is used I wonder how can I make it become faster or more efficient. When you are using your cellphone ore iPadRead MoreWhen The Average Person Thinks Of Qualities That Describe988 Words   |  4 Pagesgood engineer, they might think of qualities such as intelligence or technical adeptness. Qualities such as these do in fact make an engineer good at their job, but they don’t necessarily make them a go od engineer. 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Most employers are looking for a Bachelor’s degree in computer engineering and some experience in the field. Computer Engineering, math, and phys ics go hand in hand. The vigorous coursework is one of the main reasons people choose not to pursue a degree in computer engineering, or any type of engineering for that matter. Computer engineers design, develop, test and implement computer-based hardwareRead MoreCollege And Career Research Essay1158 Words   |  5 PagesResearch Essay By, Darien Carson The future; after high school, after college, the future is a later time period that will happen in one’s life. For my future I plan to attend college and later become an engineer. College is one of the best choices available for high school graduates to ensure a successful future. Colleges offer specialized learning that when attended can open many opportunities. 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