Wednesday, October 30, 2019
Interpretive Analyses essay on edward abbey book desert solitaire
Interpretive Analyses on edward abbey book desert solitaire - Essay Example and in your own, the flavor of an apple, the embrace of a friend or lover, the silk of a girls thigh, the sunlight on rocks and leaves, the feel of music, the bark of a tree, the abrasion of granite and sand, the plunge of clear water into a pool, the face of the wind" (p. xiii) Travelling in the sand of the desert and the rocky barren land are like conducting the excavations in the goldmine which bring forth new hopes and experiences from the authorââ¬â¢s perspective. This book is like the oases in the desert. Abbey has no hesitation in stating categorically, "... I have personal convictions to uphold. Ideals, you might say. I prefer not to kill animals. Im a humanist; Id rather kill a man than a snake" (p. 20) and the reader will understand why Abbey makes such a hard observation as he turns the pages of the book! The content of the book is the summing up of Abbeyââ¬â¢s benevolence. He intensely likes the silence and the grandeur of the wild desert and the quiet life of its inhabitants. The beliefs and practices of this naturalist are the need of the time when artificiality dominates in every area of the human activities. When human being, enamored of the scientific achievements, acts as if the nature is the permanent enemy, its exploitation is the birth right and one must be ever at war with it. Abbey sees paradise in canyons and the Colorado River and resents industrial tourism. In every small detail, in the oscillating blade of grass and the mighty roar of the river, Abbey relishes the mesmerizing beauty of Nature! He pleads that environmentalism should not be the view but the way of life. Condemnation of the defilers of Nature is not his literary pastime, but a strong conviction. The contents of the book are not the official annual report of the ranger who is posted in the part for one year. This one is not an ordinary ranger! For the exploiters, the bounties of Nature are the monetary rewardsââ¬âitââ¬â¢s their commission. For Abbey it is the mission!
Monday, October 28, 2019
Abortion and Writing Professor Hyde Essay Example for Free
Abortion and Writing Professor Hyde Essay Technical and Business WritingProfessor Hyde The Advantages of Abortion? For many years, abortions have been performed and so has the controversy over abortion. Today, I have decided to write about the advantages of having an abortion. Some may argue that there are no advantages to having an abortion, but thatââ¬â¢s what makes this topic such a debatable one. Abortions have been performed since the 1800ââ¬â¢s. Not until the infamous decision of Roe v. Wade that abortions became legal medical procedures. It was also the year the United States Supreme Court recognized abortions as part of womenââ¬â¢s civil rights. To the average person whether male or female, abortion should be against the law, but I beg to differ. Abortion gives couples the option to choose not to bring babies with severe and life-threatening medical conditions to full term. Aborted fetuses contribute to medical science through stem cell research that cure diseases and re-grow lost or damaged limbs. Itââ¬â¢s almost like donating organs of the decease to someone alive in dire need. In cases of rape or incest, forcing a woman who was made pregnant by the violent act would cause further psychological harm to the victim. No child should be born into this world unwanted. Statistics show that unwanted children are raised in a home with no love or supervision. They become adults who commit crime and are sentenced to prison. Another reason women have abortions is they donââ¬â¢t have the financial resources needed to support a child. The majority of the population has Medicaid as health insurance coverage so termination of pregnancy can be free or low cost. If they decide to keep the baby and raise it, the cost to taxpayers could be in the hundreds of thousands of dollars. I chose to title my paper ââ¬Å"The Advantages of Abortionsâ⬠because your life doesnââ¬â¢t have to stop because you chose to end your pregnancy. Women shouldnââ¬â¢t feel ashamed or embarrassed because they chose a different decision than most. An unplanned pregnancy may be a burden now, but years from now it may become a miracle or joy because you had a chance to grow and mature as a person. Before you can raise a child you need to finish raising yourself first.
Saturday, October 26, 2019
Physics is Everywhere Essay -- Essays Papers
Physics is Everywhere Essay As Fall comes to a close and winter is upon us we can take an opportunity to reflect. Fall is the season of many events. For some it is the turning of the leaves that make it so memorable. For students, the excitement of a new school year and what that brings is always on the mind. Also on the mind of students, and professional fans alike, is the exhilaration and anticipation of a new season on the gridiron. This past fall I had the unique chance to document this exhilaration in a different manner. I chose to view the game of football through the eyes of science, physical science in particular. And with my own eyes, I will never view a football game in quite the same way again. Dr. Timothy Gay, a professor of physics at the University of Nebraska at Lincoln said, ââ¬Å"Football is a manifestation of physics and itââ¬â¢s something people can relate to. Itââ¬â¢s physics in actionâ⬠(http://physics.unl.edu/outreach/football.html). Dr. Gay is right! What effect does altitude have on the flight of a kicked ball? How do Newton's laws of motion apply to blocking and tackling? What does the science of physics tell me about the best possible chase strategies for defensive backs? To get even simpler, when you throw a football across the yard to a friend, you are using physics. You make adjustments for all the factors, such as distance, wind and the weight of the ball. The farther away your friend is, the harder you have to throw the ball, or the steeper the angle of your throw. This adjustment is done in your head, and even with a soft grip of physics I have from one quarter with Dr. Mike Grams, I can tell you that these factors relate to physics. In this essay, I hope to demonstrate the scienc... ...tinctive, most players and coaches don't consciously translate the mechanics of physics into the game. By making that translation, we can understand and appreciate even more just how amazing some of the physical feats on the football field really are. Works Cited Football Physics with Dr. Tim Gay. 01 Feb. 2001. University of Nebraska. 15 Nov. 2005. Gay, Ph.D., Timothy. Football Physics: The Science of the Game. Emmaus: Rodale, 2004. Grams Ph.D., Mike. 15 Sept 2005- 17 Nov 2005. Lecture. 21st Century Physics and Astronomy. University of Denver Department of Physics. 2005 Hewitt, Paul G. Conceptual Physics: tenth edition. San Francisco: Pearson, 2006. The Physics of Football. 03 Mar. 2003. The American Physical Society. 15 Nov. 2005.
Thursday, October 24, 2019
Andrea Jung Case
1. Describe Andrea Jungââ¬â¢s leadership style. How did her upbringing influence that style? What assumptions about human nature does she hold? Andrea Jung is the quintessential transformational leader. Jung showcases her transformational leadership style through her charisma, delegation of authority, consideration of subordinates, and her ability to constantly modify the organizational structure of Avon. Jungââ¬â¢s charisma is seen in the strong passion she has for Avon. This passion was clearly manifested when Jung turned down a CEO position at another company to remain the number two person at Avon. The genuine love that Jung has for Avon and its impact on society serves as a motivational leadership tool. The influence of Jungââ¬â¢s positive attitude toward Avon promotes an atmosphere of cooperation and teamwork. Much like fellow transformational leader Howard Schultz, Jung is firm believer in delegating authority. An example of Jungââ¬â¢s trust in delegation was seen in her 2001 appointment of Susan Kropf to COO. Despite Kropfââ¬â¢s young age, 31, Jung believed she was the right woman for job. Jungââ¬â¢s instincts proved to be correct, as Kropf saved Avon roughly $460 million. In working her way through the many levels of Avon, Jung was able to understand the importance of sales representative moral, as they were the heart of Avon. It was through this knowledge that Jung decided to increase representativesââ¬â¢ commission payouts. This action is a clear example of her consideration of subordinates and Jungââ¬â¢s transformational leadership style. Jungââ¬â¢s leadership at Avon has always been characterized by her belief in modifying the organizational structure. Never were these modifications for her personal benefit, rather the benefit of Avon as a whole. From her initial changing of the vision statement in 2000, to her new business model in 2005, Jung has always put company goals ahead of any personal interests. Andrea Jungââ¬â¢s upbringing has had a clear influence on our transformational style of leadership. Andreaââ¬â¢s parents instilled in her a strong work ethic at a very young age. This work ethic, combined with her Asian parentââ¬â¢s high belief in ââ¬Å"in-group collectivism,â⬠set the stage for Andrea to take great pride in groups that she holds near to her, such as her family and Avon. On the contrary, Andreaââ¬â¢s upbringing was not one characterized by high individualism. A 2006 USA Today story states, ââ¬Å"(i)ntroversion might be partially explained by culture, genetics and upbringing. More men are introverts than women. Masatoshi Ono, who resigned as CEO of Bridgestone/Firestone during the tire scandal of 2000, lived in Nashville for seven years but was practically unknown even by neighbors when he returned to Japan. Avon Products CEO Andrea Jung told USA TODAY in a rare interview in 2000 that she is not shy, but grew up in a traditional Asian household and was, therefore, ââ¬Ëreserved. â⬠As the above statement explains, the modest climate that Andrea was raised in was not one were she was able to showcase her assertive and confident side. In Jungââ¬â¢s rise to CEO one of her main obstacles was revealing her aggressive side, a side that was clearly surpressed as a youth. Andrea Jung possesses an array of assumptions on human nature. Jung is a f irm believer in having a genuine love for what you do in life. She assumes that not doing what you want to do is a sacrifice that affects both men and women. Andrea also believes that innovation is the key to finding success in business, however, Jung assumes that this innovation can not be used in a means to hurt the company. Jungââ¬â¢s strongest assumption on human nature is a personââ¬â¢s sound principles and passion will guide them through both the good and bad times. Jungââ¬â¢s charasmatic demeanor, combined with her modest upbringing, enable her to have these optimistic assumptions on human nature. 2. Does Jung practice high involvement management? Explain your answer. Andrea Jung practices a high involvement style of management. Jungââ¬â¢s high involvement management is seen through her reliance on decision power, information sharing, and incentive compensation. The delegation of all operational decisions to Susan Kropf is an example of the belief in decision power that Jung possesses. The delegation paid off in the long run for Avon, as Kropf saved a large amount in reducing the amount of suppliers. For Jung to put such responsibility in a subordinate is a testament to her high involvement approach. Avon is characterized by an open flow of information for all its employees. Key among this data is Avonââ¬â¢s spreading of facts on female social and health issues. Jungââ¬â¢s continuation of Avonââ¬â¢s traditional spreading of information pamphlets enables both her workforce and customers to share in Avonââ¬â¢s values. The distribution of these pamphlets enables Avon to form a special bond with their customers. High involvement managers believe in compensating their employees based upon their performance. Avonââ¬â¢s compensation is based on a piece rate system, where associates are compensated based on the amount they sell. In another manifestation of her high involvement style, Jung decided to increase representative payouts. Some areas Avon even pays commissions to existing sales members, based upon reps that they personally recruit. 3. To what degree does Andrea Jung demonstrate the attributes of emotional intelligence? The five attributes of emotional intelligence are highly visible in Andrea Jungââ¬â¢s leadership style. Through her day to day demonstration of self-awareness, self-regulation, motivation, empathy, and social skills, Andrea Jung proves that she is a manager characterized by a high degree of emotional intelligence. Jung understands that her behaviors affect her workforceââ¬â¢s feelings and beliefs. The productivity of her employees is a direct result of her optimistic demeanor. A prime example of her self-awareness is evident when Jung states, ââ¬Å"(i)f people canââ¬â¢t tell that I love this company, then itââ¬â¢s hard for me to be a lasting leader. â⬠This quote serves a symbol of Jungââ¬â¢s ability to understand that her attitude, alone, is a key motivational force for Avon. Emotionally intelligent leaders are able to remain calm in both the good and bad times. From her time as a Bloomingdaleââ¬â¢s management trainee, to her current role as Avonââ¬â¢s CEO, Jung has always been able to control her emotions. The self-regulation that Jung has shown through her ups and downs has encouraged her associates to handle their difficult situations in the same calm and open minded demeanor. Motivation is synonymous with Andrea Jung. She possesses a passion for Avon and its vision of elevating women in the community. Jung has a track record of constantly looking to improve processes at Avon. Her delegation of authority to Susan Kropt and her proposed correctional action plan are clear illustrations of this fervor. Through her search for feedback from associates and burning desire for constant improvement at Avon, it is clear that Jung is an emotionally intelligent leader. Jungââ¬â¢s understands the importance of a healthy balance between a professional and personal life. It is this empathy that enables her to be an effective manager. Her ability to balance her personal and work duties sets an example for her workforce. Jung also has shown that she is not afraid to make decisions that directly improve her employeeââ¬â¢s moral, as was the case when she raised commission payouts for her direct salesperson workforce. Jungââ¬â¢s ability to see the big picture enables her to understand that a happy sales team will pay far great value in the long term than the short term balance sheet savings. Jung has established an array of effective working relationships with current and past colleagues. Her past relationships with Barbara Bass and James Preston laid the framework of her proficient social skills. Her belief in the importance in social relationships is depicted in her decision to keep Avonââ¬â¢s tradition of sales representative personally delivering roducts to their customers. It is through these social skills that Jung has been able to lead Avon to her desired outcomes. 4. What is Avonââ¬â¢s business model? How has the business model changed over time? Avonââ¬â¢s business model was built upon independent sales representatives selling cosmetics in a door to door sales approach. This model lasted for over 80 years, when two key economic forces caused Avon to change. The competition fro m large discount stores, as well as the trend of women joining the workforce, forced Avon to change its business model. In the 1980ââ¬â¢s Avon, unsure of its direct selling method, went through a period of acquisitions where it bought some health care businesses and Tiffany & Co. , a high end jewelry retailer. In 1988 Avonââ¬â¢s new CEO, James Preston, recommitted the company towards its direct sales of personal care products. After selling off non core business departments, Preston focused on a restoration of growth at Avon. Avon was characterized in the 1990ââ¬â¢s by a vision centered on a global understanding of women. Their recommitment to their direct sales model was seen in their global sales force of roughly 1. million independent sales representatives. The Andrea Jung era of Avon began at the start of the new millennium. Jungââ¬â¢s model was characterized by an even deeper emphasis on women, a reduction of suppliers, and an open mind regarding innovation. Despite much success in her early years at Avon, 2005 posed as a pivotal year for Jung, as Avonââ¬â¢s demand was in decline. Given the changing market conditions, Jung proposed a new business model that focused on increased R&D, channel support, and advertising. 5. Is Avon a learning organization? Explain your answer. Avon possesses many of the key attributes of a learning rganization. Through its constant ability to react to market conditions, openness to innovation, and guiding ideas, Avon is a clear example of a learning organization. Learning has been a cornerstone of Avonââ¬â¢s historical success. As their market has experienced a variety of drastic changes, their ability to react to market conditions has enabled Avon to survive for over a century. A great deal of learning at Avon comes from their process of having all executives spend time as a direct sales representative. It was during this experience, that a young Andrea Jung learned the complexity of Avonââ¬â¢s marketing materials. For a company to be considered a learning organization, it has to have an environment that fosters innovation. Andrea Jung single handedly influences Avon to adopt an innovative approach to their business practices. Jung possesses an open mind regarding any innovation that Avon could adapt to its advantage. It is this learning environment that has permitted Avon to experience such success. The most influential factor in making Avon a learning organization is the clear guiding ideas that management communicates to all employees. From James Preston to Andrea Jung, Avon has had a history of motivating, team building vision statements. The tradition of female focused mission statements is a perfect match for Avon, as the majority of Avonââ¬â¢s workforce is female. 6. How does Jung leverage human capital for Avonââ¬â¢s competitive advantage? Is this competitive advantage sustainable given the prevailing competitive pressures and forces driving industry change? Avonââ¬â¢s direct sales distribution is an inherent human capital leveraging characteristic that gives the company a competitive advantage. Jungââ¬â¢s increase in the amount of independent sales reps from 1. 5 million to 5 million is a clear illustration of her leverage of human capital. This sales headcount increase is but one of Jungââ¬â¢s human capital influences. Jung also motivates her sales force through her international travels, showing to her associates that each and every one of them is valued at Avon. Perhaps Jungââ¬â¢s most valuable leveraging of human capital is her ability to cater Avonââ¬â¢s highest principles and values to her largely female workforce. Understanding that Avon is a female centered company, Jung is able to keep company moral high, as employees connect their job with Avonââ¬â¢s vision of enhancing womenââ¬â¢s value in the community. Avonââ¬â¢s competitive advantage is sustainable given the prevailing competitive pressures and industry driving forces. It is important to recognize the influence the Avon brand has on consumers in its developed markets. Despite Avonââ¬â¢s recent softened demand in these long standing markets, they will always have a loyal customer base thanks to their decades of personalized business. Avonââ¬â¢s growth potential is in the international markets. As India and China continue to industrialize their economy, their cosmetic and toiletries spending is set to skyrocket. Avonââ¬â¢s increased international sales headcount is the key in addressing their growing international opportunities. As long as Avon continues its innovative nature and stays committed to its bread and butter, direct selling with independent sales representatives, they will continue to perform well. 7. In 2005, what strategic and/or organizational problems exist for Avon Products? How are these reflected in the financial performance of the firm? Avon had two key strategic and organizational obstacles to overcome in 2005. The first issue facing Avon was the softened demand in their developed North American markets. Avonââ¬â¢s second problem was the increased competition in their growing international markets. This was an exceptionally troubling for Avon, as these markets were the key to their future growth. These two problems are clearly reflected in Avonââ¬â¢s financial performance. Exhibit 1 of the case, Avonââ¬â¢s selected financial data 1995-2005, reveals these issues as they relate to headcount. Avonââ¬â¢s number of US employees decreased 700 employees (7%) from 2003 to 2005. The decreased headcount in the US is a clear indication of softening demand in a developed market. The international headcount tells a different tale. Avonââ¬â¢s international headcount nearly doubled from 1995 to 2005, growing from 23,800 to 40,300. The growth in headcount is a clear manifestation of the growth of sales in the international markets, as total net income at Avon increased from $256. 5M in 1995 to $847. 6M in 2005. However, the ratio of net income to international sales headcount takes a turn for the worse between 2004 and 2005. Despite an increase of 1,500 international employees from 2004 to 2005, net income only rose $1. M. This is roughly an additional $1,000 in net income per new international headcount. Compare this ratio to the 2003 to 2004 numbers, where one new international headcount yielded an additional $79,000 in net income, and you see the problems Avon has experienced. The severe decrease in additional net income per international headcount is a direct result of Avonââ¬â¢s increased competition in their growing worldwide markets. 8. As CEO in 20 05, does Andrea Jung have the leadership qualities necessary to address these challenges effectively? Avonââ¬â¢s challenges call for an innovative, charismatic leader, a manager who is not afraid to sacrifice his or her personal gains for the better of the company. Fortunately for Avon, Andrea Jung is that transformational leader that has the qualities to guide Avon through these current challenges. Avonââ¬â¢s current obstacles are present in all their global markets. The solution to these deeply systemic challenges will be addressed by Jungââ¬â¢s strategic vision. Throughout her career, Andrea Jung has always been able prioritize long term answers over short term quick fixes. From her time at Bloomingdales, to her leadership as CEO, Jung was a proven track record focusing company resources on the appropriate issues. The high emotional intelligence of Jung will also enable her to properly address Avonââ¬â¢s current dilemmas. She understands that in order for Avon to tackle their current difficulties, she must not only keep company moral high, but also maintain a calm demeanor during this difficult time. The key to Avon success is in the interactions between their direct sales team and customers. From her visits to worldwide Avon offices, Jung is able to have a constant understanding of this interaction. It is this consistent understanding of Avonââ¬â¢s sales channels that will enable her to effectively make the necessary decisions for Avon. Jungââ¬â¢s ability to continuously reinvent her management style is perhaps her most crucial quality in terms of addressing Avonââ¬â¢s current problems. As Avonââ¬â¢s market has experienced a variety of influences throughout her tenure as CEO, Jung has needed to alter her way of thinking. Much of Avonââ¬â¢s past success is due to Jung being able to put her ego aside. This humble nature will enable Avon to successfully address their current concerns. 9. Evaluate the proposed correction action plan Jung and her leadership team have developed. What recommendations would you suggest to them? Avonââ¬â¢s four tier proposed correction plan is made up of a renewed commitment to brand awareness, a focus on their commercial edge, an elevation of commercial effectiveness, and a transformation of their cost structure. Although I feel this is an overall effective plan, I do have some recommendations on how to make this more successful. Avonââ¬â¢s commitment to brand competitiveness is characterized by a focus on Skin Care and Color as well as a boost in advertising. Although I feel that this proposal is solid, there are two key items that Avon must focus on for this initiative to be successful. Avon must do the necessary market research to ensure that their Skin Care and Color lines are sold in the most effective channels. Their past launches of ââ¬Å"beComing and ââ¬Å"markâ⬠had issues because of the weaknesses in their selected channel of distribution. The second point Avon needs to pay close attention to is that they are getting the most out of their advertising dollars. As their North Americans are already mature, advertising efforts here will be less effective than in their more promising international markets. Avon must focus the majority of their advertising budget towards these global markets. This focus will enable them to establish a stronger brand recognition that will transfer into future sales. Avonââ¬â¢s second piece centers on them improving their merchandising and shopping appeal in their direct-selling approach. I agree that the direct-selling approach is their strongest asset, and that enriching it would create a lot of value. I do, however, recommend that Avon does not stray too far away from their traditional mode of direct-selling. Drastic changes to this will erode the traditional bond that Avon has with its customer base. I also recommend that Avon does not increase their merchandising too specifically. As was shown in their prior marketing brochure, Avon has had a history of flooding their customers with too much information. Avonââ¬â¢s plan to elevate its organizational effectiveness is characterized by an increase in training in people development. This proposal matches quite well with Jung, as she is an emotionally intelligent leader that believes in the development of her associates. My suggestion regarding this organizational elevation is that they do it in a way that does not affect the time that their sales force spends in front of customers. As personal interaction with clients is the cornerstone to Avonââ¬â¢s growth strategy, it is crucial that this time is not significantly decreased by various trainings. The plan for a radical transformation at Avon is made up of a realigned cost structure and a strategic leveraging of assets. Obviously, these are valuable initiatives to strive for. From Avonââ¬â¢s perspective, I would recommend that they develop multiple action plans based upon the financial effects of these changes. As their market is not predictable, they need to develop a worst case scenario plan, in the event their sales revenue does not meet expectations. History of ââ¬Å"wooden-headednessâ⬠behavior at companies such as Sony and Snow Brand has proven that failure to plan for such problems can cause severe problems within a company. Having this plan set in place will enable them to immediately react to any adverse future performances.
Wednesday, October 23, 2019
Age Requirements in the Music Industry
Music brings excitement to everyoneââ¬â¢s lives. It goes without saying, music industry is a youth dominated business.à Music creates huge portions of popular cultures, promoting fashions, make-up, automobiles, popular hangouts and latest technology. People behind scenes in music business targeting youthful audiences bring in most revenue. Performerââ¬â¢s ability to portray sex symbolic image determines, to a large extent, record companyââ¬â¢s success. Age Requirements; When professionals force very young children into stretching their vocal chords to match pitches in high notes above treble staff, when a child is given drugs to work longer hours while keeping up with school work, it is too young. When an older person no longer wants to make efforts to appeal to audiences, that is when they are too old. Madonna, Tina Turner and Janet Jackson did not acquire their sex symbol images by accident, regardless of how beautiful they were when they were born. When a ââ¬Å"stroke of bad luckâ⬠involving serious health problems, is another time when a person is too old for the music industry. This can occur at 20 years old, or it may never occur. Music industry professionals are not concerned with actual ages, as they are with possessing appearances and talent appealing to youth and ability to hold audiences. ââ¬Å"Although Bocelli was exposed to different styles when he was young, its been my experience age doesnââ¬â¢t matter. What matters is a willingness to do what it takes. I have used methods to assist many singers into developing new styles, regardless of ageâ⬠(Goodrich, 2007).à Carrying off a sexy singing voice is equally important as carrying off sexy physical image. Many auditions forms ask a persons age range. Age range refers to the age performers can portray. Very often, a 40 year old person has an age range of 20-25; likewise very often, a twenty five year old has an age range of 40-50. Sex Symbols; ââ¬Å"Audiences today have a very short attention span. An ability to intrigue an audience is mandatoryâ⬠(paraphrased, Ravelo, November 1, 2007).à Sex symbols definitely intrigues audiences, initially. Anyone can look like a sex symbol. Sex symbol status, like it or not, is determined by weight management. Rules of statistics do not apply to people keeping youthful appearances years longer than expected. Singers such as Beyonce, Madonna, PussyCat Dolls are superior role models for women. Their hairstyles, fashions, physique contribute to their identity of being a sex symbol. Nightclubs; Even with stricter laws on underage drinking, and the nightclub staff, many underage people successfully enter into clubs. All night club personnel must attend classes and pass a mandatory exam regarding laws. Fake identification cards, or theft of someone elseââ¬â¢s valid IDââ¬â¢s are one way it is done. Legal parents or guardians accompanying their children can legally enter into night clubs and drink, as long as the beverage is served to the parent, and they parent gives them the drink. Sometimes managers bend rules allowing underage people into the club. And sometimes unmentioned arrangements are bargained with between the club and the state and city law enforcement agencies. Clubs who ID every person walking through the door, are probably the ones pulling something under the table. Nightclubs appeal to youthful crowds. Usually, nightclubs target age groups by music selection. Sometimes a persons choice of music reveals their age. People educated in music will listen to all types of music. Conclusion; Music industry has no age requirements. Music industry requires targeting youthful audiences at any age. Popular culture, which is youth oriented, is often associated with music. Music videos are full of sex symbols, including Justin Timberlake, Elvis, Ricky Martin, Usher, Gwen Steffani, Christina Augillera. Sex symbols in music industry serve as wonderful role models for all people of all ages. People who are in the spotlight also have a responsibility to ensure their behavior is worth copying. The media and Christian groups love to ââ¬Å"throw dirtâ⬠on anything or anyone presented as a glamorous sexy superstar. Music video industry has talented sex symbols of all ages. Notes: Goodrich, M. Can Style Be Learned? Backstage.com Voice Movement; Published November 2, 2007; Date retrieved November 3, 2007 http://www.backstage.com/bso/search/article_display.jsp?vnu_content_id=1003667139 Ravelo, H., Kuhn, S., Bickelmann, L., What Top Three Things Make a Successful Actor Backstage.com; Ask A Pro. Published November 1, 2007; Date retrieved November 3, 2007 http://www.backstage.com/bso/advice-columns/ask-a-professional/ask-a-pro/article_display.jsp?vnu_content_id=1003666231
Tuesday, October 22, 2019
Poetry Analysis Essay the Relationship between Form and Content
Poetry Analysis Essay the Relationship between Form and Content Poetry Analysis Essay: the Relationship between Form and Content If you have been assigned with the task of writing a poetry analysis essay you may be wondering where to begin and what details you should cover when discussing a particular piece. Here are some tips that you can use to make this task more manageable and, in the course of your writing, gain a deeper understanding of the particular poem you are discussing. Many students will analyze a poem using a few common factors. These include: The language that is used in the piece itself including the choice of specific words by the poet; Specific imagery that the poet chose to include in the poem; The social factors that may have affected the poet when writing a specific poem. This is the content part here and all of these factors are very important for you to look at when you are writing a poetry analysis essay and all three of them look at the same element: the actual words that the poet used. However, when you limit yourself to examining the language itself, there is a lot of meaning and nuance that you are potentially missing out. What Poetry Is about? On the surface, it may appear as though a poet is trying to convey one meaning. After spending time digging down deeper into the poem and looking at it more closely it may become more evident that the poet had an entirely different thought or meaning in mind when he or she wrote a particular piece of a verse. When you look at the content and form separately, you have two different aspects that draw varied pictures. But when you analyze these two factors together, they can illustrate a very different story because a particular form can strengthen or weaken the utterance of an author and that must be taken into account. With that in mind, while looking into the form you need to pay attention to: How the verses are broken up; What the rhyming structure is; Whether the poet uses the traditional iambic pentameter system for their poem or a different metric system; Whether particular sections are repeated for effect or to convey a message. Each of these parts can affect a poemââ¬â¢s meaning and discounting them may lead to the fact that you miss what the writer is trying to say. For example, if a poet continues to repeat certain structures in a particular piece, it may mean that the theme expressed in the echo is much more important than you may initially believe. How Do You Break down the Poem and Make It Easier to Analyze? Breaking down the poem can actually make it easier to analyze. It is helpful to first look at the poet themselves. Finding out about their life and the era in which they lived can give you some valuable insight that may help you accurately analyze what they have written. Breaking the poem down stanza by stanza and looking at the form of each verse can help you look for the clues and information that you will want to include in your essay. For example, you can look at important elements such as: The tone of each verse. Does it change throughout the course of the poem? Does this tonal change contain important information about the poem? What is the structure of the stanza itself? Does it stay consistent throughout or is a particular verse written in a different structure? Is that differing structure repeated throughout the piece or is it simply an anomaly meant to highlight a particular image or idea? Which Aspects of the Poems Form Should You Focus on? If you are writing an essay and want to discuss the form of a piece you may be unsure of how to work these discussion points into the body of your essay. It doesnââ¬â¢t have to be hard if you keep a few important steps in mind. The first is to figure out what the thesis or basic idea behind your essay will be. This can help you by narrowing down specific stylistic points to focus on. Sometimes the style or form of a poem can be complicated and trying to write about every aspect of it may be overwhelming and may even seem confusing and disorganized for the reader. By narrowing down your commentary to specific aspects of a poemââ¬â¢s style you may find it easier to get your point across and lead your reader to the conclusion you want them to make. Once you start looking at a particular poem in depth you will begin to see how a stylistic point can become more or less important and this will help you determine whether it has a place in your essay or not. At you can buy an essay online which will be 100% custom written from scratch. All you need is to place your orderà at our site!
Monday, October 21, 2019
The Role Of Accounting In The Collapse Of Game Group The WritePass Journal
The Role Of Accounting In The Collapse Of Game Group Introduction The Role Of Accounting In The Collapse Of Game Group , the company officially filed for administration as it became evident that it could no longer continue as a going concern (Robinson, 2012; BBC, 2012). Past experience suggests that accounting has contributed to many cases of corporate failure. This was the case with the failures of Enron, WorldCom and many other companies. The objective of this paper is to discuss how accounting contributed to the failure of The Game Group plc. The paper begins by presenting theoretical and empirical evidence on how accounting can contribute to corporate collapse in section 2; section 3 discusses how accounting contributed to the collapse of the Game Group by making reference to the evidence presented in section 2; section 4 provides a summary and conclusion of the paper. Accounting and Corporate Collapse Creative accounting has been cited as one of the principal causes of corporate collapse. Companies like Enron, WorldCom and Tyco International filed for Bankruptcy under Chapter 7 as a result of poor accounting. The managers of these companies were involved in lies, deceit, cover-up and above all shoddy accounting, which could not be sustained for long. As a result, the share prices of the companies were bound to fall and thus the companies themselves were bound to file for bankruptcy under chapter 7 of the US Bankruptcy Code. Creative accounting involves the use of accounting techniques that may or may not be in compliance with generally accepted accounting principles (GAAPs) but that certainly deviate significantly ethical standards (Ghosh, 2010). When involved in creative accounting, managers often make use of novel approaches to reporting income so as to influence the outcome of contractual agreements that are determined by financial reports (Ghosh, 2010). Creative accounting involves systematically misrepresenting the true earnings and asset values of companies. Creative accounting has been responsible for a number of high profile cases of corporate failures such as Enron, WorldCom, Adelphia and Tyco International. One of the most commonly used forms of creative accounting is earnings management. Earnings management occurs when management employ judgment in financial reporting and transaction structuring with the intent of altering financial information either to influence the outcome of contractual agreements that depend on financial reports or to mislead interested parties about the performance, changes in financial position and financial position of the company (Healy and Wahlen, 1999). Earnings management represents ââ¬Å"a purposeful intervention in the external financial reporting process, with the intent of obtaining some private gainâ⬠(Schipper, 1989). Most of the figures in the balance sheet and income statement are based on accrual accounting which arises because not all transactions are settled in cash at the time they are entered into. Therefore, accrual accounting must be used to record assets and liabilities that arise as a result of the time difference between the inceptio n of the transaction and the time the transaction is settled. This has resulted in the use of discretionary accounting. Managers employ discretionary accrual accounting to satisfy their selfish desires (Heemskerk and Va der Tas, 2006). The use of discretionary accruals is considered earnings management when managers employ it to influence the share price of their company or to obtain some other benefit that is of a personal nature. Earnings management has been an important subject of debate in the accounting literature with most studies focusing on understanding the factors that motivate managements to manae earnings. A bonus-maximisation theory has thus been suggested which states that managers manager earnings to maximise bonuses. For example, evidence suggests discretionary accruals are employed by managers to maximise short-term bonuses (Healy, 1985). Similar evidence is suggested in Gaver et al. (1995) and Hotlthausen et al. (1995) who observe that managers make use of accrual accounting to reduce earnings when earnings are above their maximum bonus level. However, such accruals are not employed when the minimum bonus level has not been attained (Holthausen et al., 1995; Gaver et al. (1995). An income smoothing theory has also been suggested which argues that managers like to observe a smooth pattern in earnings. Consequently a number of accounting techniques are employed to ensure that earnings are smooth over time. Gaver et al. (1995) provide evidence that is consistent with the smoothing theory. In addition, Guidry et al. (1999) and Tao (2007) observe that earnings management is carried out because managers do not want significant differences to occur between actual and predicted earnings. It has also been argued that managers hate reporting a decline in earnings. Consequently, accounting techniques are employed to ensure that the change in earnings over time is positive. Burgstahler and Dichev (1997) provide evidence that is consistent with this incentive by observing that managers tend to emphasise an increase in earnings in the Annual Report Section titled: ââ¬Å"Management Discussionâ⬠. In Tennecoââ¬â¢s 1994 Annual Report for example, the CEO Dana Mead stated as follows: ââ¬Å"I must emphasise that all our strategic actions are guided and measured against this goal of delivering consistently high increases in earnings over the long termâ⬠(Burgstahler and Dichev, 1997: 99). In addition Eli Lilly laid so much emphasis which lasted for a period of 33 years before being broken. Some firms emphasise the importance of increasing earnings during press releases or the announcement of earnings. The CEO of Bank of America for example, Richard Rosenberg in 199 4 stressed the importance of increasing earnings in a press release by stating that ââ¬Å"Increasing earnings per share was our most important objective for the yearâ⬠(Burgstahlerà and Dichev, 1997: 100). The foregoing indicates that managers are more inclined to reporting an increase in earnings rather than a decrease. Barth et al. (1995) for example suggests that firms tend to maintain an upward trend in earnings so as to improve valuation ratios such as the price-to-earnings (P/E) ratio, the price-to-book (P/B) ratio, etc. P/E and P/B ratios are important in determining how the market will value the price of the equity of a firm (Penman, 2007). Therefore, managers will be motivated to maintain high P/E and P/B ratios through earnings management so as to benefit from a high market valuation of their firmsââ¬â¢ equity. Similar evidence is provided in DeAngeloà et al. (1996) who observe that a distortion in a firmââ¬â¢s upward trend in earnings results in significant declines in the stock price. Accounting and the Collapse of the Game Group Section 2 above focused on understanding how accounting can lead to corporate collapse. The evidence shows that managers tend to make use of creative accounting techniques which results in an inflation of earnings and thus the share price. Given that the share price does not reflect its intrinsic value, the long-run effect is a significant decline in the share price with the ultimate effect being the collapse of the company. This section is concerned with whether there was any use of creative accounting in the Game group which led to its collapse. So far, the evidence shows that accounting had nothing to do with the collapse of the group. Rather, the companyââ¬â¢s collapse can be attributed to a variety of other factors including poor strategic planning, declining video game industry, and the cyclical nature of the video games industry . 3.1 Poor Strategic Planning It was rather, poor strategic planning on the part of the company that resulted in its collapse. The company failed to anticipate and plan for changes in its external environment. The company continued using strategies that were no longer relevant in the context of its external environment. In addition, the Game group had a poor pricing strategy. Prices of Game Groupââ¬â¢s games were too high compared to prices of competitors such as Amazon and Play. Many customers are migrating from store shopping to online shopping. According to Administrators at Price Water House Coopers, Game Groupââ¬â¢s collapse can be attributed to its ambitious overseas expansion and the closure of proximity stores. Game Groupââ¬â¢s strategy was characterised by two fundamental problems. Firstly, the company expanded massively into different countries (Yin-Poole, 2012). This means that the company had significantly high levels of fixed costs which could not be sustained. When fixed costs are significa ntly high, the business risk of the firm increases significantly. Secondly, Game and Gamestation stores were in close proximity. This resulted in the cannibalisation of sales of one store by other stores (Yin-Poole, 2012). Therefore, many stores were simply incurring fixed costs which could not be covered by sales revenue. 3.2 Declining Video Games Industry The company suffered significantly because of poor developments in its external environment. Wallop (2012) observes comments by the CEO of the company Mr Shepherd who claims that in 2012, the size of the video game market had declined by 40% from its 2012 figure. This contributed negatively to the performance of the company. The companyââ¬â¢s share fell by 2.44 to 4.31p and resulting in a decline to less than à £15million. Customers made significant changes in their consumption of video games. Most customers were interested in buying only new releases such as Fifa 2012 and Modern Warfare. Lesser known titles could not perform well because of declining demand Wallop (2012). The Game Group could not survive because it had a lot of games in stock that did not meet the current tastes and preferences of consumers of video games. 3.2 Cyclical nature of the Video Games Industry Despite making a profit of à £90million in 2009, the Game Group recorded a loss of à £15million in 2011 (Wallop, 2011). The main reason for this loss was the intense cyclical nature of the video games industry (Wallop, 2011). The market lacks exciting new hardware. In addition, the industry has been suffering from piracy. Lack of new hardware and an increase piracy has resulted in declining demands which has eroded industry profits. As a result the Game Group could no longer survive in the industry. The Game Group was also affected by the introduction of digital games, which can be regarded as a perfect substitute for video games. For example, in 2010, sales of digital games totalled à £411m representing an increase by 23 percent from the 2009 figure. On the contrary, the video game industry witnessed a decline in sales by 17 percent to à £1.53billion between 2009 and 2010 (Wallop, 2011). In addition, the development of smart phones and the IPAD has affected the video games industry. These devices come with free digital games. This resulted in the decline in video games sales and thus contributed to the collapse of the Game Group (Wallop, 2011). Summary and Conclusions The objective of this paper was to analyse the impact of accounting on the failure of Game Group. The above analyses show that Game Groupââ¬â¢s collapse was in no way related to accounting failure. There was no evidence to suggest that managers at Game Group were involved in creative accounting. Unlike the case of Enron, and other major corporate failures, the Game Group had no special purpose entities which enabled it to high liabilities off the books. Game groupââ¬â¢s failure can be attributed to poor strategic planning rather than to accounting failure. Based on the analysis, there is no evidence suggesting that Game Group was involved in inappropriate accounting. Rather, the evidence shows that Game Group simply did not plan properly. Game Group did not put in place strategies that would enable it respond adequately to changes in its external environment. The company failed to analyse the threat of substitute products, new entrants, bargaining power of suppliers and customers as well as industry rivalry. References Healy, P.M., Wahlen, J.M., 1999. A review of the earnings management literature and its implications for standard setters. Accounting Horizons, 13, pp. 365-383. Hayn, C., 1995. The Information Content of Losses, Journal of Accounting and Economics, 20, pp. 125-153 Heemskerk, M., and L. van der Tas. 2006. Veranderingen in resultaatsturing als gevolg van de invoering van IFRS. Maandblad voor Accountancy en Bedrijfseconomie: 571-579. Holthausen, R. W., Larcker, D. F., Sloan, R., 1995. Annual Bonus Schemes and the Manipulation of Earnings, Journal of Accounting and Economics, 19 (1) pp. 85-100 à Epstein, B. J., Jermakowicz, E. K., 2007. Interpretation and Application of International Financial Reporting Standards, Wiley and Sons Inc. Penman, S. H. (2007) Financial Statement Analysis and Security Valuation, 3rd ed. Irwin: McGraw-Hill. Schipper, K. 1989. Earnings Management. Accounting Horizons, pp. 91-102 Robinson, A. (2012) GAME officially files forà administration Retailer fails to find a realistic prospect for a solvent solution for theà business, available online at: computerandvideogames.com/340810/game-officially-files-for-administration/ [accessed: 29th March 2013]. BBC (2012) Game Group to file for administration, available online at: bbc.co.uk/news/business-17455742 [accessed: 29th March 2013]. Wallop, H. (2012) Game shares slump on profits warning, loan breach fears, available online at: telegraph.co.uk/finance/newsbysector/retailandconsumer/9004248/Game-shares-slump-on-profits-warning-loan-breach-fears.html [accessed: 29th March 2013]. Wallop, H. (2011) Can Game Group survive?, available online at: telegraph.co.uk/finance/newsbysector/retailandconsumer/8895015/Can-Game-Group-survive.html [accessed: 29th March 2013]. Yin-Poole, W. (2012)à Why Game Collapsed: PwC cites unfortunate proximity of stores and ambitious overseas expansion, available online at: eurogamer.net/articles/2012-03-26-why-game-collapsedà [accessed: 29th March 2013].
Sunday, October 20, 2019
Learn How Separation of Powers Balances the Government
Learn How Separation of Powers Balances the Government The term separation of powers originated with the Baron de Montesquieu, a writer from the 18th-century French enlightenment. However, the actual separation of powers amongst different branches of government can be traced to ancient Greece. The framers of the United States Constitution decided to base the American governmental system on this idea of three separate branches: executive, judicial, and legislative. The three branches are distinct and have checks and balances on each other. In this way, no one branch can gain absolute power or abuse the power they are given. In the United States, the executive branch is headed by the President and includes the bureaucracy. The legislative branch includes both houses of Congress: the Senate and the House of Representatives. The judicial branch consists of the Supreme Court and the lower federal courts. The Fears of the Framers One of the framers of the U.S. Constitution, Alexander Hamilton was the first American to write of the balances and checks that can be said to characterize the American system of separation of powers. It was James Madisons scheme that differentiated between the executive and legislative branches. By having the legislature divided into two chambers, Madison argued that they would harness political competition into a system that would organize, check, balance, and diffuse power. The framers endowed each branch with distinct dispositional, political, and institutional characteristics, and made them each answerable to different constituencies. The biggest fear of the framers was that the government would be overwhelmed by an imperious, domineering national legislature. The separation of the powers, thought the framers, was a system that would be a machine that would go of itself, and keep that from happening. Challenges to the Separation of Powers Oddly, the framers were wrong from the outset: the separation of powers has not led to a smoothly working government of the branches that compete with one another for power, but rather political alliances across the branches are confined to party lines that hinder the machine from running. Madison saw the president, courts, and Senate as bodies who would work together and fend off power grabs from the other branches. Instead, the division of the citizens, the courts, and the legislative bodies into political parties have pushed those parties in the U.S. government into a perpetual struggle to aggrandize their own power in all three branches. One great challenge to the separation of powers was under Franklin Delano Roosevelt, who as part of the New Deal created administrative agencies to lead his various plans for recovery from the Great Depression. Under Roosevelts own control, the agencies wrote rules and effectively created their own court cases. That enabled the agency heads to select optimal enforcement to establish agency policy, and since they were created by the executive branch, that in turn greatly enhanced the power of the presidency. The checks and balances can be preserved, if people pay attention, by the rise and maintenance of a politically insulated civil service, and constraints by Congress and the Supreme Court on agency leaders. Sources Levinson DJ, and Pildes RH. 2006. Separation of Parties, Not Powers. Harvard Law Review 119(8):2311-2386.Michaels JD. 2015. An Enduring, Evolving Separation of Powers. Columbia Law Review 115(3):515-597.Nourse V. 1999. The Vertical Separation of Powers. Duke Law Journal 49(3):749-802.
Saturday, October 19, 2019
Project Specification Summary Statistics Example | Topics and Well Written Essays - 500 words
Specification Summary - Statistics Project Example gh the formation of groups in Facebook and twitter aimed at knowing exactly how many coffee lovers, there are, as well as knowing the extent of the dependence of coffee among consumers (Food Manufacturing, 2013). The survey was conducted among 221 respondents using random sampling techniques. The information presented consists of a combination of secondary data from online sources as well as data collected from the survey. The data were compiled over a span of one month (Food Manufacturing, 2013). Over 60% of people invited to the Facebook group accepted the request, so overall; the response rate was 60%. The respondents were asked a series of questions that helped in the formulation of an accurate conclusion. The questions included: The first question sought to establish the number of the respondents who were coffee consumers. Also, the respondents were required to indicate their age and gender. The respondents were to either respond by saying they liked coffee or did not like coffee. Below is a summary table of the results (Food Manufacturing, 2013). The graph below displays the differences in preference between the ages, with the age ranges being generalised to specific ages to represent the three age ranges. The vertical axis represents the number of respondents. The table clearly shows that 165 of the respondents are consumers of coffee, which constitutes about 74.93% of all the respondents. 66% were young people between the age of 18 and 22 years, 20% were between the age of 22 and 39 years and only 14% were above the age of 40 years. The results go in line with the statistics from the National Coffee Association 2013 survey that reveals over 83% of adults drink coffee in the USA (Food Manufacturing, 2013). The second question sought to investigate the preferences of the different ages ranging from youths to adults. The majority of the younger respondents preferred espresso-based beverages whereas the older respondents preferred the tradition gourmet
Friday, October 18, 2019
Internal combustion engine Essay Example | Topics and Well Written Essays - 500 words
Internal combustion engine - Essay Example Since the ports remains open during up word stroke, the actual compression starts only after both inlet and exhaust ports have been closed. So actual compression ratio and the thermal efficiency of the two stroke cycle engine is less than that of four stroke engine of the same dimension. In two stroke cycle engines the number of power strokes per minutes are twice the power strokes of four stroke cycle engine. So the capacity of cooling system used must be higher. The cooling of the engine also presents difficulty as quantity of heat remover per minutes is large. The piston gets over heated due to firing in each revolution and oil cooling of the piston is necessary. In two stroke cycle engine some of the fresh charge is mixed with burnt fuel and exhaust through the exhaust port which causes high fuel consumption. So two stroke cycle engine is not widely used except in the case where size is compact for example light vehicles, scooters, out board motor, motor cycle etc .Large two stroke cycle engine are generally CI engines. Two stroke CI engines are better for slow and moderate speeds.
Investment Strategy and Portfolio Management Assignment - 1
Investment Strategy and Portfolio Management - Assignment Example The firm has anticipated that fund withdrawals by members who have invested for at least five years will exceed fund inflows (from new and existing contributors) by 7% per annum on average for the subsequent five years. A suggested interpretation of this 7% figure is: (Cash outflows during year ââ¬â cash inflows during year) / Total assets at 1/1/2014 = 7%The trend, therefore, calls for strategic measure to be taken to ensure the continued survival of the initiative. The investment committee will have to establish strong measures to ensure that the competitors do not out do the Morris Capital.Over the last few years, the worldââ¬â¢s financial system has gone through its greatest crisis since the Great Depression. Rigorous financial predicaments have come into sight concurrently in a number of regions, and the economic crises are being felt all through the universe as a consequence of the increased interconnectedness of the worldwide economy.To successfully achieve competitive advantage Morris capital must initiate investment strategies to meet the deficiency that will be incurred after the initial investor membersââ¬â¢ start withdrawing their money from the initiative. The investment committee will appreciate using either the active or passive investment approaches. The investment committee is obliged with;â⬠¢Ã How to come to a new level of growth and sustainable profitability in an environment of low interest rates (Bernstein 2001)â⬠¢Ã Rebuilding asset quality and strengthening their capital adequacy
Thursday, October 17, 2019
Aircraft System Principles and Applications Assignment
Aircraft System Principles and Applications - Assignment Example Effect of air density on aircraft performance Air density is responsible for lifting the aircraft at the start of flight. It is also responsible for favorable amount of fuel consumption as air density affects air fuel mixture which is burned to run the engine. Therefore, fuel consumption and lift of aircraft not only depends on density but also depends upon temperature and pressure, indirectly. Ã Effect of air pressure on aircraft performance An aircraft requires maintaining a specific pressure to keep flying in the air or to move to higher altitudes. As the lift of aircraft is directly affected by the density of air, so in order to move to higher altitudes density of aircraft must be greater than 1225 gm/m-cube. Reduction in density results in lesser amount of air molecules moving around the plane and hence, lesser amount of thrust is applied on the plane than is required to move at higher altitude(FAA). Ã Effect of air pressure on aircraft performance Air may have parcels of air that are having raised temperatures and this raised temperature significantly reduces density of air within these parcels. Whenever a plane enters from a parcel of lower temperature to a parcel of higher temperature, it undergoes variation in performance. Due to lower density, flight of plane is adversely affected and it also affects the fuel efficiency of the engine due to insufficient air required to inject fuel. Therefore, planes are equipped with turbochargers. in order to maintain air pressure. Question 2 Explain the function and operation of aircraft pneumatic systems and their associated status indicators? Old aircraft systems were based on high pressure pneumatic systems which make use of air as a power transmission medium. Most common components that make use of pneumatic system are: Brakes Closing and opening of doors Operation of emergency devices, for example landing gears, flaps etc. Driving of hydraulic and water pumps etc. Pneumatic power systems are most commonly named as vacuum pressure systems, where pressure is measured by making use of suction pressure. Vacuum pressure system facilitates following components named, pumps, relief valves, vacuum air filter, suction gauge gyro instruments(FAA). Before the air enters the pneumatic system, it is passed through the air filter in order to filter out impurities and dust particles. These particles, if enter the pneumatic system, damage the system adversely. After that it is served to the pumps which are used to pump out air at desired pressure required by the pneumatic system. It is considered the most important part of the system without which system would not work. The pumped air is
Critical Summary Essay Example | Topics and Well Written Essays - 500 words
Critical Summary - Essay Example But these feelings of human beings cannot be regarded as emotions. Feelings can be necessary but not crucial component of emotions. Despite notifying that feelings are not sufficient component, it can be regarded as contingent components. Lastly, feelings are not components but can be detecting emotions. The author reveals that the views of Fundamental Axiom on feeling can be right and wrong. From author point of view,emotions can be felt without any other components. Some of the strategies implemented for the explanation of feeling are Contingent Part View and Non-Part View. Jesse Prinzbelieves that defenders of these strategies have right to state that there can be emotions without feelings. But author is not supportive on the views of defenders (Prinz, 2005). Emotions of any individual can be unconscious. Whenever emotions are felt, then emotions can be regarded as the part of feelings. Emotions can be viewed as unconscious when emotions are interoceptive states. The evidence of a necdotal also proves that emotions can be unconscious. Experimental, theoretical and anecdotal reasons prove that emotions are not always felt. Sometimes emotions can be felt and then it is the time to suggest that feeling is emotions. The patterned change in human body can create conscious perception. This can eventually lead to emotions. I strongly support on the qualified version of emotion theory provided by Jesse Prinz. Extensive evidence on article indicates that emotions are feelings. Emotions can be experienced by the result of bodily changes. When perceptions of the bodily changes are conscious, then feelings can be regarded as the components of emotions. Bodily changes can occur unconsciously and then emotions are not felt. Emotion of an individual can be characterized by the mental stateand psychological experiences. Emotions help other to understand our feelings. It is easier to communicate with other people with
Wednesday, October 16, 2019
Aircraft System Principles and Applications Assignment
Aircraft System Principles and Applications - Assignment Example Effect of air density on aircraft performance Air density is responsible for lifting the aircraft at the start of flight. It is also responsible for favorable amount of fuel consumption as air density affects air fuel mixture which is burned to run the engine. Therefore, fuel consumption and lift of aircraft not only depends on density but also depends upon temperature and pressure, indirectly. Ã Effect of air pressure on aircraft performance An aircraft requires maintaining a specific pressure to keep flying in the air or to move to higher altitudes. As the lift of aircraft is directly affected by the density of air, so in order to move to higher altitudes density of aircraft must be greater than 1225 gm/m-cube. Reduction in density results in lesser amount of air molecules moving around the plane and hence, lesser amount of thrust is applied on the plane than is required to move at higher altitude(FAA). Ã Effect of air pressure on aircraft performance Air may have parcels of air that are having raised temperatures and this raised temperature significantly reduces density of air within these parcels. Whenever a plane enters from a parcel of lower temperature to a parcel of higher temperature, it undergoes variation in performance. Due to lower density, flight of plane is adversely affected and it also affects the fuel efficiency of the engine due to insufficient air required to inject fuel. Therefore, planes are equipped with turbochargers. in order to maintain air pressure. Question 2 Explain the function and operation of aircraft pneumatic systems and their associated status indicators? Old aircraft systems were based on high pressure pneumatic systems which make use of air as a power transmission medium. Most common components that make use of pneumatic system are: Brakes Closing and opening of doors Operation of emergency devices, for example landing gears, flaps etc. Driving of hydraulic and water pumps etc. Pneumatic power systems are most commonly named as vacuum pressure systems, where pressure is measured by making use of suction pressure. Vacuum pressure system facilitates following components named, pumps, relief valves, vacuum air filter, suction gauge gyro instruments(FAA). Before the air enters the pneumatic system, it is passed through the air filter in order to filter out impurities and dust particles. These particles, if enter the pneumatic system, damage the system adversely. After that it is served to the pumps which are used to pump out air at desired pressure required by the pneumatic system. It is considered the most important part of the system without which system would not work. The pumped air is
Tuesday, October 15, 2019
The New Testament in the Modern Church Essay Example | Topics and Well Written Essays - 5500 words
The New Testament in the Modern Church - Essay Example t times and contexts have approached the subject from many different angles but they all have the same aim of reflecting on the subject systematically. Christology aims to ââ¬Å"clarify the essential truths about him, it investigates his person and being and workâ⬠. (Oââ¬â¢Collins, 1994, p. 1), It is accepted by all that humans can never fully comprehend the mystery of God, but equally it has always been a key mission of the Church to study, and to teach key elements of the faith in a way which is at least partially evident to believers, and as far as possible relevant to each successive historical period and social context. Johnsonââ¬â¢s work is a good example of a contemporary theologianââ¬â¢s earnest attempts to get to grips with major issues like oppression of the poor and gender inequality, showing how and where the Church could and should evolve its mission to deal with these difficult challenges in the modern world. She identifies Christology as a starting poin t for discussion of these themes, arguing that hidden aspects of his being should be brought forward and that this process will prove especially relevant to the modern world. This paper will explore the strategies of interpretation that Johnson uses to present Jesus as ââ¬Å"Sophiaââ¬â¢s child, who communicates her gracious goodness by befriending the outcast, who communicates her prophetic message, and who proves her right or justifies her though he is severely criticized by others.â⬠(Fox, 2001, p. 127) It will look first at Johnsonââ¬â¢s starting point for this line of study, and then her use of Jewish traditions and Hellenistic influences, followed by her use of Patristic authorities through the ages. Finally Johnsonââ¬â¢s use of modern social sciences will be outlined, including historical and and socio-political techniques so that a full picture of her methods of interpretation can be gained, as well as an appreciation of how effective she is in sustaining these claims about Jesus. Elizabeth A. Johnson is
Monday, October 14, 2019
Is There a Biodiversity Crisis Essay Example for Free
Is There a Biodiversity Crisis Essay Most commonly, biodiversity is referred to as the differences in the forms of life inside an ecosystem. There are different definitions regarding to the scope and to whoever has defined the word biodiversity. The first definition which the most common definition of the word states that biodiversity is the variation of life at levels of biological organization. This definition simply states that biodiversity claims the general differences in the living organisms that exist in an ecosystem. The second definition characterizes biodiversity as an assessment of the overall health of an ecosystem. The health of an ecosystem is relatively based on the number of species that thrives in an ecosystem. Thus, biodiversity is also measure of the relative physical condition of the different organisms alive in an ecosystem. Another definition, which is most commonly used by ecologists, describes biodiversity as the entirety of the genes, species and ecosystems of a certain region. This third definition relates the three basic levels that identify biodiversity: (1) genetic diversity, (2) species diversity and, (3) ecosystem diversity. In the main, biodiversity for ecologists also relates the interactions of species to species and also the interaction of the species to the environment they are in. Therefore, it is not only the species of organism that are interacting with one another but also the organism are interacting with the air, soil, water and the factors that constitutes the totality of the environment. The environment is very essential to all the living forms in the planet. Clearly, it is the provider of our most basic needs: food, water and air. It gives us water for drinking, air for breathing, food to supply as with energy and other necessities. Humans are pat of a very big ecosystem ââ¬â the earth. With all the animals and the other forms of living things in the earth interacting with one another, surely, one kind of species needs the other in order to survive. Such as the way the spider needs its web and the horse needs the grass, all the organisms, need the planetââ¬â¢s wealth in order to survive. The collection of plants and animals are the ones that keep an ecosystem stable. The more diverse an ecosystem is, the more that it is stable and the more that it is likely to survive. Biodiversity crisis is one of the threats that lead to the extinction of certain species of animals and plants. Still, nobody knows the importance of each and every living thing on earth. However, their loss can be equated to a loss in medicine, technology and balance in nature, which in turn mar risk the lives of humans. Factors There are so many factors that contribute to the weakening and deterioration of biodiversity. It includes too much use and over exploitation, physical and chemical modification of the areas which serves as habitats for certain organism, introduction of foreign species of organisms to an area and modifications in the conditions of habitats. Some factors that contribute to the total fall of biodiversity in an area are also socially based. This includes rapid population growth, over exploitation of resources, useless and ineffective knowledge, unworthy management and increasing demand for areas to be modified into industrial and technological spots. Human activity is a large fraction of the causes of biodiversity crisis of the world. The diverse activities of humans can be accounted as the primary cause of the degradation of the diversity of life of the planet. Certain human activities create a huge impact to the environment. Two of which are human population and the level of consumption of humankind. These two factors constitutes to the major environmental changes that are happening in the planet. Also, the principal activities of humans for the purpose of his survival in the planet such as agriculture, fishing, hunting, manufacturing, trade, industry, and even recreational activities such as hiking, mountaineering and tours are directly and indirectly creating a major effect on the environmental balance. Records show that hunting and sever use and exploitation of the animal life and environment are the most cases that can be observed in the word today. These activities are the biggest threats to the existence of various kinds of animals not only in Tibet but also in other countries such as Thailand and Philippines. In Tibet, exploitation of animals is a major environmental problem. Animals are being killed for commercial reasons. Skin of rare animals, antlers of deer, heads of various animals mostly the Tibetan gazelle and fur of wild animals such as leopards can be seen in the market and are sold openly without penalties and forced restrictions by the authorities. More to that, hunters are not only free to kill animals in the wild but also, they can get their own permit to hunt in the wild. They are given permit to kill animals for the purpose of producing income and for the purpose of causing a rapid decrease in the population of the animals that they use for commercial purposes. Also, another major cause of biodiversity crisis in the world and still, an example of human activity is forest degradation and transformation of habitats to industrial sites. Forest degradation does not only concern the loss of trees in the rainforests but also the loss of the animals that depends on these trees for survival. Wide exploitation of the forests has been recorded in most of the countries in the world as early as human population began to rapidly increase. The act of cutting trees to be used either for construction of houses or for the purpose of selling to companies and other groups and for the purpose of having a new site wherein industries, houses, subdivisions and chemical plants are to be erected, all constitutes to the improper and over utilization of resources. These activities are the roots of extensive migration of birds and animals to other areas which causes over crowding of species in an area and wide losses in certain species that eventually dies due to the loss of trees and the loss of the existence of rainforests which serves as their habitat. Losses These human activities in effect, cause enormous impact to the environment. Effects incorporate land transformations, rapid decrease in the population of specie which mostly results to extinction and immense changes in the patterns of weather, water cycle, nutrient accumulation and chemical introduction. In the long run, these direct effects of human activities consequently are the ones that cause various changes in the global climate, patterns of migration, reproduction and habitat and an overall irreversible loss form the environment and consequently a loss to the humankind. On the whole, human activities have brought changes not only to the other living organism in the planet but also to the planet itself. Accordingly, human activities have caused the environment to weaken inducing a less stable planet that could less support existence of life. The world is rapidly loosing its wealth and richness. Due to the acts of man, not only he and the other forms of life are at risk but also the whole world. Manââ¬â¢s activities constitute much of the factors that contribute to this hasty decline. As man continues to increase its population and greedy concept of living, the diversity of life is steadily going to a point of fall. As this happens, lakes and rivers are transformed to highways and canals, forests will soon be out of trees and animals and will be turned to deserts. Natural diversity will be continuously raped and will make way for the rise of towering buildings, winding roads, infrastructures, houses, villages, factories, mines, schools, shopping malls and gardens. Existence of the technological advancements will soon interfere with the usual patterns of the weather and global climate as well as the lives of different species. In turn, they will be extinct and will never be enjoyed again by the coming generations. Eventually, the works of man today will weaken and continuously exploit the wealth of planet until comes to a point where it can no longer hold for the existence of man and his doings. References Center for Biodiversity and Conservation. (2007). Biodiversity in Crisis?. Retrieved December 6, 2007, from http://cbc.amnh. org/crisis/crisis. html. Simberloff, Daniel. (2007). Habitat Change, Population Growth, and the Biodiversity Crisis: Getting Ahead of the Extinction Curve. Retrieved, December 5, 2007, from http://www. angelo. edu/events/university_symposium/93_Simberloff. html. Shah, Anup. (2007) Biodiversity. Retrieved, December 5, 2007, from http://www. globalissues. org/EnvIssues/Biodiversity. asp. The Fruitarian Foundation. (2000). The Biodiversity Crisis. Retrieved December 5, 2007, from http://www. fruitarian. com/ab/TheBiodiversityCrisis. htm.
Sunday, October 13, 2019
Hotel chocolat an internationalisation strategy
Hotel chocolat an internationalisation strategy Hotel Chocolat (HC) was founded over 15 years ago with one goal: to make a better type of chocolate available to UK consumers bored by the mediocrity of that available (Hotel Chocolat, 2009). HC started as a catalogue business. Following the success of this business, the company set up an award winning website with the first of many HC stores appearing on the high.street in 2004. Since its success in the UK, HC has applied an export strategy to the US via an online ordering site. This strategy enabled the company to minimise risk before fully committing to foreign direct investment (FDI). Once adequate demand for the product was assured, HC opened its first American store in Boston and now has plans to further expand throughout North America. There are currently 43 stores located in the UK with an additional 23 operating inside John Lewis stores. It is likely that the company has expanded as far as it can domestically and should now focus its attention on international markets. In order to assess HCs ability to internationalise the following should be considered. HC is Britains fastest-growing private company with 225% sales growth per year (Fasttrack100, 2008) and sales equating to à £18 million in 2008. From this, one may infer that HC does indeed have sufficient resources for internationalization. However, it is questionable whether the company is prepared to undertake large-scale investments, due to the self-funding expansion strategy pursued so far. This essay will now present an internationalisation strategy for HC by applying theory and drawing upon personal contact with the Japanese External Trade Organisation (JETRO), the UK Trade and Investment team (UKTI) and HC representatives, as well as quantitative data from secondary research. Global figures for chocolate sales provide compelling incentives to further internationalise. In 2008 global chocolate sales were $62.16 billion (Datamonitor, 2009a). Contrasting these figures with the UK shows enormous sales potential. Currently the UK confectionary market is valued at $13.4 billion, with chocolate sales accounting for 67.5%. More tellingly, however, are the records for annual growth of market value between the years 2004-08 (Datamonitor, 2009b) which show a decided slow-down in the rate of growth. Although the economic down turn will have played its role in the calculation of these figures, we can be confident that the UK chocolate industry is operating within the mature stage of the product life cycle. This is problematic for HC as Kotler (2008 p.575) argues: A slowdown in sales growth results in an overcapacity of competition, which can ultimately lead to a decrease in profits. Furthermore, the domestic chocolate industry is dominated by Cadbury, Mars and Nestle who collectively hold a 59.8% market share (Datamonitor, 2009c). Expanding internationally into previously untapped markets may be the best solution to leverage any potential losses felt domestically as Hill (2009, p.426) states; Expanding globally allows firms to increase their profitability and rate of profit growth in ways not available to purely domestic enterprises. An essential part of any internationalisation strategy is the country screening process in which hundreds of possible countries must be systematically eliminated. There are numerous ways to do this and, when done professionally, a vast amount of research will be undertaken before any decisions are made. HC, as previously stated, have already begun expansion into North America and have made plans to expand into the Middle East (Retail week, 2009; Walker, 2009). For these reasons, we will not be considering either region. Europe will also be ruled out as the European luxury chocolate market is already highly saturated with rival brands from Belgium, France and Switzerland (RTS, 2009). The next mass filtration stage was to view the political stability scores (CIFP, 2007) of the remaining regions and leave only those scoring highest. This stage virtually eliminated Africa and Latin America, leaving predominantly the Asia Pacific region. Finally, the remaining countries were ranked in ord er of GDP per capita (CIA World Factbook, 2008) and all but the top eight were eliminated. This left: Hong Kong, Japan, China, Australia, New Zealand, South Korea, Malaysia and Singapore. Scrutinising these eight countries and drawing upon a variety of unequally weighted factors a country attractiveness index was formulated for each. Ultimately Japan was found to be the optimal host country with the greatest index score. Haak recently published that: no company can afford to neglect the dynamic Asian economic region (Haak, 2008 p.1). Within this region, Japan in particular assumes a key position (Haak, 2008 p.1) due to its sheer size and its wealthy and sophisticated consumers (JETRO, 2008). In order to formally evaluate Japans attractiveness as a host country, certain aspects of Dunnings eclectic paradigm have been applied. Focusing on ownership and location factors; the decision to fully invest in Japan can be justified (Dunning, 1988). Furthermore, location factors can be broken down into three advantages: economic, political and social. Japan is considered a major world financial hotspot with the 2nd highest number of millionaires residing there and household consumption expenditure figures exceeding those of most nations. This goes hand in hand with high consumer purchasing power and a demand for high quality produce. Perhaps one of the strongest reasons for investment in Japan is its potential as a gateway to the Asian-Pacific markets. As these markets grow rapidly, the economic integration between countries in the region continues to strengthen. This links to an ownership advantage that HC can achieve. Entering the Japanese market will allow access to other Asian markets over time and provide economies in both scale and scope. In recent years government policies have become an increasingly important factor affecting FDI (Brewer, 1993). The Japanese government have various foreign investment policies which incentivise investment. Japan, once restrictive of trade, has now shed this image and is attracting increasing levels of FDI. Whereas most national governments focus on financial incentives, the Japanese government follows a 3-step model which provides support for potential investors (Watanabe, 2003). As discussed later in this essay, this type of incentive reduces the need for foreign firms to access local knowledge by means of joint venture (JV) or merger. Knowledge of national cultures is commonly seen as a prerequisite to the effective entry into new markets (Chinta, Capar, 2007p.213), and is stated as such in the Scandinavian process model. However, various studies have found no support for this hypothesis (Barkema et al, 1996). It could also be argued that Japan is culturally equidistant between all nations, thus rendering the Scandinavian model redundant in this unique case. Ronen and Shenkar (1985) identified eight culturally homogenous blocks of countries, suggesting that firms benefit more from experiences in other countries within the same block. Japan, on the other hand, was not allotted a cluster and according to Barkema et al, (1996), no cultural block is appropriate for Japan. Therefore, Japan was allocated its own exclusive cultural block. This suggests that it would not be possible for a firm to gradually build experiential knowledge for Japan. This would partially support the decision for HC to immediately enter the mar ket. However, this argument suggests that knowledge of Japan would not increase understanding of other Asia Pacific markets, as previously thought. Nevertheless, the extent to which Japan does not belong to some larger cultural block is disputable. Western investors are often scared off by the uniqueness of the Japanese business model. However, this uniqueness can provide a host of opportunities to foreign firms wishing to access Japans wealthy consumers (Kensy, 2001). Porters diamond theory can be applied to Japan in order to assess its competitive advantage as the host country. In terms of inherent endowments such as land, labour and population size, it may appear that Japan is economically disadvantaged in comparison to large Asia Pacific states such as China. However, Porter argues a nations competiveness depends on the capacity of its industry to innovate and upgrade (Porter, 1998, p155). Based on these assumptions it can be recognised that a significant national comparative advantage is held by Japan. Immediate competition in the Japanese chocolate market is low but promises to grow significantly (Datamonitor, 2009d). This appeals to both Porters 5 forces model and the Diamond model, as it provides easier entry followed b y greater pressure to innovate and gain a global advantage. It is now worthwhile to consider any disadvantages, in order to gain a greater understanding of the risks involved. The Japanese market, as discussed, is one that is culturally unique. Therefore, in order to survive, HC would have to invest time and money reviewing cultural practices and adopt new management styles to suit Japan. Referring to Porters five forces analysis, the threat of substitute would seem to be an inherent problem in most markets, with Japan being no exception. Theoretically, HC would expect to face competition from alternative industries in the gift and snack markets. A recent report by Datamonitor (2009d) stated: confectionery products are vulnerable to the threat from substitutes such as savoury snacks and fresh fruits, due to low switching costs and consumption patterns in different geographies. In reality, competitive rivalry is deemed as moderate in this market, with branding contributing to a high level of customer loyalty. Therefore, price elasticity and pr oduct differentiation only play a small part in the competitive rivalry of the confectionery market (Datamonitor, 2009d). According to the electronics maker Canon Once a company is active in the Japanese market, it is three times harder to fail in business (Melville, 1999, p.113). However, Melville also notes that: it is three times harder to become successful in Japan in the first place. To summarise; Japan deserves the special attention of international companies, which in recent years have often neglected this economic heavyweight in an often blind enthusiasm for the Chinese market (Haak, 2008, p.3). The high GDP and considerable spending power of Japan provides the perfect marketplace for a high quality, innovative product. As long as risks are considered and the market is entered into carefully, there should be no reason why HC cannot reap the benefits. In an analysis of what motivates firms to move into new markets, Buckley suggests, there are three key motives: (1) Market seeking FDI, (2) Resource seeking FDI (3) Cost-reduction or efficiency seeking FDI. (Buckley, 2000 p.146). Buckley also believes that for any firm interested in investing in Japan, one of these key goals must be met. Furthermore, the main motive for any FDI into Japan will typically be market seeking. This is especially the case for any firm producing consumer goods such as HC. It is essential to understand the competitive landscape of the confectionary market in Japan, in order to formulate an optimal market strategy for HC. Japans confectionary market consists mainly of local companies offering a multitude of brands producing chocolate and sugar-based products. 48.1% of the confectionary market is dominated by three companies: Lotte Group, Meji Seika Kaisha, Ltd. and Ezaki Glico (Datamonitor, 2009d). So where can HC fit into this market? Most confectionery products are mass-marketed and manufactured in great volume to reduce costs so as to provide competitive prices whilst making a profit. Potentially, a more cost friendly option for the company is to enter the market in a small-scope, for example, by making high-value, low-volume products in a craft process rather than a mechanized process. (Datamonitor, 2009d). Coincidentally, this fits HCs high quality/exclusive brand image. Japans demographics provide a wide variety of potential consumers for HC. The primary target group is Japans silver market: the older, free spending portion of the population. Japan has an aging population and hence a growing market segment for HC. This group already has high buying power and furthermore, JETRO are forecasting growth of â⠬30billion in the market for senior citizens. Another suitable segment in Japan is that of unmarried women over 30 (Haak, 2008). This group is largely luxury orientated and represents a financially promising market segment for HC to exploit. Moreover, in the experience of the UKTI, Japanese consumers are attracted to products that are healthy, high end and quintessentially British. All of these factors will contribute to HCs competitive advantage over Japans local producers. This essay will now discuss the possible strategies that HC could undertake, applying both theory and practical knowledge to formally review all available modes of entry. The mode of entry decision is crucial to any company, as it can have an ongoing effect on a firms international performance (Chung and Enderwick, 2001 p.443) it is therefore important to formally evaluate all possible modes. International market entry modes can be classified according to level of control, resource commitment and risk involvement (Kim Hwang, 1992). Table 2 takes these three classifications and applies them to specific modes of entry. As well as the classifications used in table 2, it is essential to consider culture and how a mode of entry fits in with the companys long-term objectives. When firms enter into a foreign market, they must contend with the national culture. However, when firms partake in JVs, they face double layered acculturation (Barkema et al 1996; Zacharakis, 1993); this can pose problems for a firm and increase the associated risk. JVs also require a great deal of capital, effort and trust. Additionally, JVs with Japanese firms may be particularly risky as learning effects may be asymmetric in JVs Japanese managers focus more on learning and less on information sharing (Barkema et al, 1996, p.164). Nevertheless, the knowledge needed to operate in a foreign market is not easily acquired, and in the early stages of market entry a native partner is strongly recommended to provide access to local market knowledge. Therefore, we propose HC should consider an agent distribution model, focusing largely on Japanese department stores. This should not however be the first stage of the internationalisation process. The Uppsala stage model stipulates organisational learning [through gradual] small steps whereby firms increase their international involvement up through the establishment chain (Bakema et al, 1996 p.152). In short, Uppsala urges firms to export before they create subsidiaries. Exceptions can be made when firms have experiential knowledge from markets with similar conditions, however, as discussed earlier, this cannot be the case with Japan. Therefore, we propose that as a first step, HC should extend their online ordering system by setting up a Japanese version of their website. This will allow HC to measure demand and increase brand awareness in the host market. By using this safe progression, HC will be in a position to both gauge the risks and benefits of the venture while at the same time acquiring cultural knowledge, incrementally increasing levels of exposure to corporate and national culture. Kim and Hwang, (1992) suggest that a firms familiarity with the host market relates to the mode of entry. As previously discussed, Japan is unlike other cultures and any strategy undertaken needs to be low risk and allow the firm to test the water with the host market. The use of an agent enables the company to avoid the financial and cultural risks associated with JVs for example. This is a more realistic strategy for HC due to their lack of size and international experience. Additionally, by appointing an agent, HC can retain control over their marketing mix and gain access to existing distribution networks. A crucial consideration when using an agent is to find a local party with a good reputation. Often agents will cover a specific territory and therefore as part of their strategy, HC should select a Japanese city in which to focus their internationalisation strategy. By observing successful moves made by close international competitors such as Godiva, it would seem that Tokyo wo uld most likely be selected (Godiva, 2009). Complications may arise if an agent is working for other companies that have conflicting interests to HC. In order to overcome such potential problems, HC should partake in a due diligence process. Careful selection criteria should be implemented to ensure that the agent has relevant expertise and appropriate business standing in line with HCs business interests. This market entry strategy is further supported when we consider withdrawal and divestment strategies. As Buckley notes, It is important for a firm to choose, at the outset, strategies whose exit costs are low (Buckley Casson, 1998, p.39). It is widely known that agent distribution models have low withdrawal costs relative to JVs, mergers and the like. By starting at the end and securing a strong exit strategy HC can significantly reduce the impact that would be felt by the organisation were the venture to fail. In conclusion, based on theory and the practical advice gained from a personal meeting with the UKTI, HC should first provide a Japanese version of their website in order to export to Japan whilst gaining knowledge of the local market and consumer demand. Once adequate demand is ensured, HC may proceed to employ an agent in order to develop brand recognition before finally opening a store in Tokyo. Since HC currently has a strong relationship with the UK department store John Lewis, it might be suitable for HC to pursue a similar strategy in Japan by joining a high-end department store, possibly with branches in other Asia Pacific locations. If the model proves to be successful, then by being in Japan, HC can reach other Asia Pacific locations, which, although not close in cultural space, are linked by a network of department stores. It is important to discuss the limitations of this report and offer suggestions for further study. One fundamental limitation of this report lies within the country screening process. It was only possible to base the primary stages upon political stability rankings, whereas it would be far better practice to cross reference a larger number of factors. Also, for the sake of originality it was not sensible to include any regions that HC had already considered. In doing this we may have disregarded some very appropriate locations. Factors such as cultural differences required proxies that, naturally, come with a degree of inaccuracy. The proxy used to estimate cultural distance was the percentage of British expats in the target locations. The power of this proxy is well supported, however, it is clearly arguable and a more powerful proxy could be employed with detailed national studies that could take into account: institutional style, business practices, media, etc. During the market a nalysis of the chocolate industry it was not possible to find specific data on the high quality chocolate industry performance, therefore, it was only possible to approximate levels of luxury chocolates being produced and consumed in both the UK and Japan. Finally, in a recent Financial Times presentation (Rowe, 2009) it was explained that you really have to walk the streets of the country to get a feel for what is the most suitable mode of entry. Theory and second hand knowledge of a country can only play a limited role in both the country screening process and mode of entry choice. In reality, a company should never base business decisions on secondary research alone. References BARKEMA, H, J BELL, J PENNINGS. 1996. 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