Wednesday, October 30, 2019

Fences by Augusta Wilson Essay Example | Topics and Well Written Essays - 250 words

Fences by Augusta Wilson - Essay Example All The other characters in the play are closely related to the protagonist. The conflicts arises in the play are due to his self illusion and philosophy. He is a person living between two contradictory ideas like that of his name ‘Maxon’ a fusion of Mason and Dixon. To some extend we feel that he is an unsympathetic character. The illegal relation with Alberta visibly shows that he is a hypocrite. He was insisting others to be perfect in their life, but he was not so. At the same time he enjoys the freedom of choice. Troy never learned how to treat people close to him and he never gave any one a chance to prove themselves because he was selfish. Troy’s relationship with his son ‘Cory’ reveals the essential quality of a tragic hero, i.e. doing whatever they think right. Troy never allows his son to play football claiming that he doesn’t want Cory to suffer like him. He says â€Å"The white man are not gonna let you get nowhere with that footba ll no way† Cory accuses his father and says ‘you just scared I’m gonna be better than you, that’s all â€Å".

Monday, October 28, 2019

Employee Rights and Property Searches Essay Example for Free

Employee Rights and Property Searches Essay Mopak Corporation performed a search for drugs and guns on the employees and contract workers vehicles with the assistance of a private security company and drug detection dogs. In the search, guns were found, but not drugs, in several vehicles. At the completion of the search, five employees along with ten contract workers whose vehicles where the weapons were found were terminated, due to the corporation’s belief that the employees violated the company policy. The terminated workers immediately sued Mopak for wrongful termination. Though mostly in the United States employees are â€Å"at-will† employees, the arguments for wrongful termination the employees from Mopak can make in their suit is that Mopak performed an unreasonable search of their vehicles, violating their expectation of privacy. The search was made without a warrant and violated their Fourth Amendment Rights. (Lawyer. com, 2013) The contract workers are bound by contracts that may have an at-will clause in it, in which case they, like the regular employees, can be terminated at-will. Even though when there is a contract, written or oral, it’s based on a promise of job security, but with an at-will clause, contract workers may either leave a contract job or be terminated from a contract job at-will. †Employers often, and legitimately, ask employees to sign contracts or agreements that document and enforce the terms of at will employment, usually in company policy manuals. † (Lawyersandsettlements. com, 2013, para. ) The arguments that Mopak Corporation will make in response to the wrongful termination suit are that in the employees’ policy manual, handbooks or contracts reflect that the employee and/or contract workers must agree to random vehicle searches, random drug testing, and an at will clause for employment; that when signed by the employees and/or contract workers, it becomes binding, implied, or implied-in-fact contracts. In the 1988 decision of landmark case Foley vs. Interactive Data Corp. it brought to light that employees enter into implied-in-fact contracts with the acceptance of great merit reviews, promotions, raises, and with verbal assurances of job security. I believe the Mopak Corporation would win. I do not believe that a corporation with so much to lose would perform an illegal search of employee’s vehicles. They must have in the company’s policy manual that such an act would be permissible once the employees and contract workers sign that they have rea d and agreed to the terms and condition of the policy and/or contracts.

Saturday, October 26, 2019

Kraft Foods, High Performance Work Systems (HPWS) Essay -- Case Study

In 1995, Kraft was created through the reorganization and merger of J. L. Kraft, Oscar Meyer, and C. W. Post into one operating company. For the reorganization the Operations Division chose to use the High Performance Work Systems (HPWS) change management tool because they believed it was the best way to include all of the necessary elements that would contribute to the vision of undisputed leadership. They also liked the HPWS tool because of its strict structure and because it was a good platform to create and communicate a consistent management philosophy. HPWS allowed them to monitor all of their plants, new and old, for efficiency and effectiveness of the reorganization. Strengths of the Change Intervention Kraft Foods, Inc. approached their change initiative by researching and testing before implementing. The High Performance Work Systems (HPWS) was first implemented into three start-up plants. The HPWS method was successful and adopted by the new plants. HPWS helps determine factors such as total inventory, cost of production, and measurement of productivity. Once the HPWS method proved to be successful it was then implemented into the existing plants to help gain control of costs, waste, and productivity. Kraft was able to provide quality examples to the existing plants of how this method improved productivity and profits. Employees were able to embrace the change plan easier when they could actually see the possible improvements. Kraft had a bonus because the employees were able to see the method working in similar situations, which helped build trust and acceptance in the change plan. This method also empowered the employees giving them an opportunity to increase their skill levels and an opportuni... ...ecause of the communication tools provided through HPWS. â€Å"By consistently applying the tools across Operations, Kraft was assured that people and work systems were aligned† (Carter et al, p.37). In fact, most of their Champions became so adept at HPWS that they are now internal consultants for the company. That level of knowledge, commitment, and motivation among their people will surely allow Kraft to sustain momentum and realize future success. References Bridges, W. (2009). Managing Transitions: Making the Most of Change. Philadelphia, PA: Da Capo Press. Carter, L., Ulrich, D., & Goldsmith, M. (2005). Best Practices in Leadership Development and Organization Change: How the Best Companies Ensure Meaningful Change and Sustainable Leadership. San Francisco, CA: Pfeiffer. Kotter, J. P. (1996). Leading Change . Boston, MA: Harvard Business School Press.

Thursday, October 24, 2019

“Catcher in the Rye”: Not a Bildungsroman Essay

Bildungsroman: a coming-of-age novel. Many critics and readers alike have argued that JD Salingers Catcher in the Rye is a superb example of a bildungsroman. The novel is a narration by Holden Caulfield, a troubled and mentally unstable sixteen year-old that has just been expelled from his fourth prep school. Holden, who is undergoing treatment in a mental institution, recounts the story of his mental breakdown and the events leading up to it. He concludes the story with brief hints at his recovery. Though one assumes that Holden is receiving and responding to treatment, his attitude and tone are unchanged throughout the novel. If the protagonist has not matured since story began, how can Catcher in the Rye be considered a bildungsroman?The novel opens with Holden carelessly tossing around the fact that he has been expelled from Pencey Prep (page 2). Though Holden has previously been kicked out of three other prestigious schools, he is completely apathetic about the situation. He has no drive; no concern or outlook for his future whatsoever. Even after everything that Holden experiences throughout Catcher in the Rye, his attitude is unchanged at the conclusion: and what school Im supposed to go to next fall, after I get out of here, but I dont feel like it. I really dont. That stuff doesnt interest me too much right now (page 213). That statement unequivocally proves that Holden has not matured at all. Contemptuous, bitter, judgmental: take your pick. Each word describes Holden to a tee; not just in the beginning, but throughout the entire narration. Holden is constantly judging everyone he comes into contact with. He speaks about Mr. Spencer (page 10), a professor at Pencey Prep, in the same patronizing tone that he describes a particular psychoanalyst with (page 213). Though the events take place several months apart, Holdens attitude is consistent. He continues to have a cynical, patronizing, and overall pessimistic outlook on people and life in general. If Holden is just as immature and mentally undeveloped at the end of the novel as he was at the beginning, how can one argue that he has come of age? Having a mental breakdown and needing treatment for said breakdown may very well be considered a rite of passage. However, to be considered a coming of age story, Holden would need to be changed for the better because of his  rite of passage. One can clearly tell from his consistency in tone, attitude, and maturity level (or lack thereof) that Holden has not changed in the least. Though many critics and readers alike have claimed Catcher in the Rye to be an excellent bildungsroman, there is certainly a strong argument to be made against this claim. â€Å"Catcher in the Rye† By JD Salinger (1951)Pamela Hunt Steinle (2000). In Cold Fear: The Catcher in the Rye Censorship Controversies and Postwar American Character. Ohio State University Press.

Wednesday, October 23, 2019

Extracting Dna from Human Cheek Cells

The probable reason for the tinted brown shade in the human epithelial DNA and not the strawberry DNA is that human epithelial DNA is extracted from one's mouth in which there can be many germs that could change the color of the original DNA. Furthermore, in order to avoid these germs from affecting the human epithelial cell DNA greatly, the experimenter is only asked to rinse their mouth with distilled water while in truth, Just a rinse with distilled water does not eradicate all possible germs that could be living in one's cheek cells.However, some probably factors for why the strawberry DNA and the human epithelial DNA were so similar Is because both Dana were extracted using the same methods. For Instance, In both experiments detergent and ethanol were used to separate the DNA from the nucleus and proteins Inside the cells. Thus, although there are many differences and similarities between the strawberry and human epithelial DNA, in the end they both had the characteristic of bei ng standstill and clumpy. There were man's steps to this experiment.The major steps in this process of DNA extraction begin with rinsing the experimenter's mouth with plain water, then using a toothpick to scratch the inside of the cheek, and then rinsing the mouth again but this time with distilled water which is eventually spit into a cup. The reason this step is conducted is because it cleans the experimenter's mouth so that germs are limited from entering the cup and detaches the cells Inside the experimenter's cheek. Making them easily come out along with the spit Into the cup In the end.Once this step Is over, the spit In the cup is transferred to a test tube, ml of detergent solution Is added, and the test tubule Is mixed. The spit Is transferred to the test tube because it makes the spit easier handle. Furthermore ml of detergent, also called DEBT solution, is added to the test tubule to help break down the cellular and nuclear membranes of the cells in the spit, thus making the DNA more accessible. Finally, this new solution is mixed so that the DEBT solution is mixed well into the original spit and has caused almost all of the nuclear and cellular membranes to break down.Once these steps are over, ml of ethanol is added to the solution and after waiting for bout 3 to 5 minutes, the DNA can be extracted with an inoculating loop. The reason ethanol is added to this solution is because ethanol breaks the DNA apart from the other organelles inside the cell and does not allow the DNA to dissolve since DNA Is not soluble In alcohol. By not allowing the DNA to dissolve, after the 3 to 5 minutes wait, the DNA will automatically be visible near the top of the solution Inside the ethanol since the DNA can no longer mix with any of the other organelles.Thus, the wait is essential since it gives the DNA time to become visible and once it is, the e seen and touched by the experimenter. With this, the experiment is concluded and the experimenter can decide what th ey wish to do with their DNA. This procedure was effective in several ways. For example, the DEBT solution and the ethanol were extremely important to this experiment and were very effective in separating the DNA so that it was clearly visible towards the end. However, one way this experiment can be improved is by using plastic pliers to extract the DNA at the end of the experiment instead of the inoculating loop.This suggestion would be ore effective since with the inoculating loop there is a lower probability of extracting the DNA successfully than with the plastic pliers. This is because the DNA can slip out of the inoculating loop's loop while it is highly unlikely that the DNA will slip out of the plastic pliers grasp. Therefore, although this experiment was extremely effective, one adjustment that could be made is to replace the inoculating loop with plastic pliers. To conclude, there are many applications in the world where this experiment could be extremely important. One ex ample is law and crime.In court, Just as engineering can be an extremely useful tool in finding the true culprit, using the DNA found at the crime scene can be equally as important. This is because each person's DNA is unique and unlike anyone else's. This can quickly identify who the true culprit is in court and also be extremely helpful in the field of science and genetics as well. This is because DNA is the instructions to life and by studying this DNA, scientists and researchers can soon find ways to not only manipulate but enhance human life. Thus, it can be seen that this experiment can be useful in many different fields of study in today's society.

Tuesday, October 22, 2019

Free Essays on Meiji Restoration

rusting propped up against their desks as they kept the accounts of their lords. Many of these Samurai ceased being able to make a reasonable living so they went into debt to the merchants. The merchants, who were at the very bottom of the Confucian hierarchy, began to have more and more power over the Samurai who were in their debt. Merchants, once scorned under the Confucian hierarchy, became more powerful as Japan’s barter economy gave away to a new money economy. The hustle of the merchants turned the world of the Samurai upside down. Japan was a society about to explode. The coming of the West had struck the spark. In 1853, four American war ships steamed up the bay near Yedo. Commanded by Commodore Perry, the Americans had come to open up Japan. They wanted water and coal for their whaling ships and china trade. The Japanese were astounded at the power of Perry’s vessels. They called them black ships for the ominous smoke that billow... Free Essays on Meiji Restoration Free Essays on Meiji Restoration The Meiji Restoration For two centuries Japan had been locked away from the outside world. By 1615, after a century of civil war, the powerful Lord Tokugawa had defeated his enemies and declared himself Shogun, ruler of all Japan. Tokugawa divided society into four ranks: at the bottom were the merchants; then came the artisans; just above them were the farmers, who gave up half their rice harvest to those at the top, the Samurai. Only Samurai had the right to carry swords. The law of the land set them apart. The Tokugawa Shogunate was a kingdom built for war that began to crumble after 200 years of peace. It was the most orderly place imaginable. It was a completely schematized society where everybody knew who he was and what he had to do. But, in fact, because it was so idealized and so orderly and so tidy, history got away from it. The Samurai were the elite in the Tokugawa system - had not been allowed to raise its swords for 200 years. In between, had become civil servants, swords rusting propped up against their desks as they kept the accounts of their lords. Many of these Samurai ceased being able to make a reasonable living so they went into debt to the merchants. The merchants, who were at the very bottom of the Confucian hierarchy, began to have more and more power over the Samurai who were in their debt. Merchants, once scorned under the Confucian hierarchy, became more powerful as Japan’s barter economy gave away to a new money economy. The hustle of the merchants turned the world of the Samurai upside down. Japan was a society about to explode. The coming of the West had struck the spark. In 1853, four American war ships steamed up the bay near Yedo. Commanded by Commodore Perry, the Americans had come to open up Japan. They wanted water and coal for their whaling ships and china trade. The Japanese were astounded at the power of Perry’s vessels. They called them black ships for the ominous smoke that billow...

Monday, October 21, 2019

An Explanation Of The Swot Analysis Tourism Essays

An Explanation Of The Swot Analysis Tourism Essays An Explanation Of The Swot Analysis Tourism Essay An Explanation Of The Swot Analysis Tourism Essay chances and menaces from the province of the environment, the strength and failing of the edifice. At the intersection of 22 have four Fieldss ( square ) . Table 1. The internal environment of the company Strength ( S ) External environment of the company Opportunities ( O ) Menaces ( T ) 1 the field of SO 2 the ST field Rated capacity Failings ( W ) 4 the field of WO 3 the field WT Field of ( SO ) are fixed by the strengths of those concerns which Provide his usage of this chance. 2 ) Field ( ST ) are fixed by those failings in edifice concerns that do non give opportunity to utilize the chance. 3 ) Field ( WT ) ( the ability of the menace ) is the worst province for concern. 4 ) Field ( WO ) ( failing if possible ) is necessary to find the feasibleness of chances for capacity development scheme of the endeavor. See the mechanism of the diagnostic analysis of the advanced environment on the method of SWOT-analysis for the design and execution of advanced undertaking  « Amusement Park » . SWOT-Analysis Table compiled by writer Table 2 SWOT-analysis of the advanced environment  «Amusement Park » the basic parametric quantities for the diagnosing, they are united on the footing of submitted concern program and analysis of cardinal countries of rating of investing attraction in footings of its development. Table 2. Basic parametric quantities for diagnostic analysis. Second An attractive location of the endeavor ; The possibility of making the stuff base and substructure of the endeavor ; Stability of dealingss with investors ; Experience the leader in the field of diversion ; The inclusion of an advanced undertaking in a strategic plan of urban development. Tungsten Danger of an uncomplete accounting of hazards in the readying of the undertaking ; No experience of possible staff in the amusement rides ; Danger of misdemeanor of proficient criterions during the munition works and operation of the installation ; No public act for the right to the land ownership. Oxygen Recognition of Estonia in the Baltic part ; Favorable climatic conditions ; No concurrent in this type of market ; The usage of events for 4 seasons ; The usage of the agreements for the advertisement company. Thymine Competition from other companies resort parts ; Ill developed construction of the part ; No analysis of inauspicious natural factors ; High barriers to entry in the touristry industry. 3. Analysis Fieldss 3.1. Analyze the 1 field ( SO ) Fix the strengths of the invention undertaking, which provided him represented installations. An advanced undertaking is portion of the socio-economic development plan in the metropolis of Aegvidu. Execution of the undertaking provides a strategic model for the formation of the unity of the tourer industry. In societal footings, it addresses issues of unemployment in the metropolis, doing a important part to make fulling the local budget. Contentss of the chief cultural sites of the undertaking are aimed at advancing a healthy life style, this contributes to the organic combination of an attractive natural landscape with new architecture and the system of care. The undertaking creates existent conditions of local authorities development in the part. In this respect, an advanced undertaking receives the full support of the local authorization becomes of import political significance in the public head non merely the occupants of Estonia and the Baltic States. The execution of an advanced undertaking in the country of precedence development, based on the proviso of certain benefits for investors in revenue enhancement creates good conditions for the profitableness of the undertaking throughout the period. In general, this index with a little one-year lessening suggests the stable operation of the endeavor. Scope of services provided under an advanced undertaking as a whole is new to the local touristry market. It can be divided into those services that are included in the ticket: the swimming pool, H2O slides and other H2O athleticss attractive forces mini menagerie, exhibitions of animate beings and workss, and to boot provides for a fee Jacuzzi, sweat room, showers, supplying parking infinites for vehicles for sale assorted keepsakes, etc. Given the newness of services and their attraction in footings of environmental pureness acceptable conditional belongingss, planned selling activities can supply a stable fiscal status of the endeavor. 3.2. Analyze the 2nd field ST Fix those failings of possible concerns that do non give a opportunity to utilize the chance. The petroleum certain facets of internal invention environment in the readying and execution of advanced undertaking threatens to cut down the effectivity of public presentation indexs. First of wholly, it concerns the pricing of services for the undertaking. When the alleged targeting of services to consumers from the close abroad. The 2nd job, which should pay serious attending it s accounting capacity indexs of accomplished demand for tourer services in the part, with increasing possible and systemic capacity of a lessening in comprehensiveness. By cut downing the specific fiscal and economic indexs this can significantly impact the formation of tourer flows and to obtain the possible net income from an advanced undertaking. No less serious job that affects the efficiency and profitableness of the advanced undertaking is the rate-limiting function of natural factors. Seasonal nature of work is basically reflected in the monetary value system. Pronounced seasonal nature of work significantly reduces the public presentation of the possible market size and natural volume of existent downloads. 3.3 Analyze the 3rd field of the WT Record the most important jobs which may impact the feasibleness of an advanced undertaking. The chief job in an advanced undertaking are inauspicious natural factors which are non taken into history when developing a concern program. Travel company is located in a zone prone to natural facts and carry on geological research in the location of it there is non water-repellent dirts, which involves the accretion of groundwater in the cavity. Furthermore, it is an endeavor is located in the flood plain of the river, exposed to debris and ramp flows. When ciphering the costs of the same company for the continuance of the undertaking, the costs associated with the behavior of serious munition works on the development shower lights-outs to extinguish natural catastrophes are non planned. A 2nd every bit serious job is that the computation of tourer flows in the invention undertaking, the accent is on tourists populating in the constitution of a tourer composite of Aegvidu. Contractual footings on which will organize a uninterrupted burden of the endeavor, suggest a joint involvement in advanced concerns and spouses, watering place and hotel composites. In this instance, a big per centum of recreational services will be provided to consumers in neighbouring states. In the selling scheme of the company wholly considered that the system of tourer and diversion composites, which target bing concerns supplying a scope of services for consumers, is similar to those for H2O Parkss and can significantly impact the formation of its tourer flows enterprise as a whole. The 3rd status, which is non taken into history when preparing and implementing the advanced undertaking is the competition from companies that are focused on supplying similar services to the mark section of the local market. The state already have similar undertakings but individually supplying the same scope of services, but modernized in the visible radiation of experience. Such a state of affairs may significantly impact the translational capacity and the existent burden of the composite, which significantly can impact the feasibleness of an advanced undertaking. 3.4. Analyze the field of WO Determine the utility of chances to happen a scheme for capacity development of advanced endeavors. An earlier analysis of the market and the market state of affairs shows the followers: Analyzed touristry market is characterized by comparatively high capacity. In the market there are a big figure of topics, offering tourer and recreational services, which can move as a base for client H2O Parkss, supplying diversion athleticss diversion leisure. On the other manus the cost of amusement, as an extra service, takes a value resort, merely 30 % when averaged in a foreign market 70 % . This creates requirements for the creative activity of new types of services water-entertainment. To guarantee the proper operation and proviso of a broad scope of competitory services should be multi-level cleavage of the market that focuses non merely on tourist s tourer composite of the state, every bit good as local occupants. Drumhead by SWOT tabular array In general, it should be noted that the advanced undertaking involves the orientation of future developments, so confidently predict the result of their execution is debatable and merely possible taking into history all factors, emerging under the influence of internal and external conditions, state of affairss and standards for the development concerns. To guarantee a focussed direction of advanced undertakings for endeavor development is really of import to right cipher the debut of external costs, which tend to hold a important impact on the rating of profitableness and efficiency of the invention undertaking. Calculation of its efficiency lies in the quantification of the ensuing fiscal public presentation by comparing the gross with the costs related to the design and execution of fiscal theoretical accounts anticipated events, performance-based hard currency flows of the undertaking. Calculation of the efficiency of the undertaking should be undertaken with respect to its execution based on the effects of rising prices and the hazards associated with possible decrease in present value derived from future income. Effective mechanism for bettering the efficiency realized in pattern invention undertaking is its multi-stage public scrutiny of the upper degrees of authorities to ordinary citizens. This applies chiefly for assorted sociological monitoring, pointing occupants to the purposes and aims of the undertaking is implemented, its societal significance for the metropolis, unit of ammunition tabular arraies, forming the public response to account for and determine public sentiment. The precedence activities for the topics of entrepreneurial activity were identified undertakings bing non less than: 50 thousand EUR in conserving the natural heritage of historical, street cleansing and waste intervention. 700 thousand EUR hotels and other topographic points for short-run adjustment, the activities of healthful and resort organisations, waste intervention, building, and urban route conveyance, Cargo handling and storage, the operation of conveyance substructure ; 1,5 million EUR the production of electric power workss of other types of energy distribution, aggregation, purification and distribution of H2O. Ongoing undertakings in this act non merely as a resource for development of the district, but besides a alone tool for pull offing invention on the footing of reciprocally interconnected and collaborative activities of its topics. Furthermore, the rule of joint activities of local authorities, concern and community Acts of the Apostless as a cardinal rule of direction patterns, forming invention activities in a certain country. General decisions on the subject. Number of strengths of the undertaking exceeds the figure of weak, besides has the advantage of chances over menaces, so you can pull a general decision about the chances of the undertaking. The undertaking s strengths and market chances are associated chiefly with the vision of the undertakings and market preparedness to follow the bill of exchange. Future scheme for advancing the undertaking involves carry oning a wide advertisement run. This sector of the market develops in a uninterrupted addition in the figure of objects suburban existent estate and high competition between them, but chiefly for the consumer is critical location and the comfort degree proposals. Execution of this undertaking is designed to run into the market demands for quality and accessible countryside diversion. The visual aspect of the object of such a degree and graduated table will put new quality criterions for the development of the industry and the whole of Europe, which will convey the market town remainder on the quality of the proposals of the taking European markets Sweden and Finland. Execution of this undertaking will show a qualitative addition in consumer demand and the ability of market participants to run into their suited. Development of recreational resources within the state will function as a redistribution of tourers from abroad to domestic proposals, which indicates a high fight of this section of the economic system. The undertaking is economically sound and executable, provided stable support. Prerequisites for the execution at this clip are on the market as the handiness of equal edifice engineerings and substructure in the part. A requirement for the decision of this undertaking to the market besides has, harmonizing to a survey. Attracting a spouse that can supply stable support for the undertaking, will in due clip to establish this undertaking.

Sunday, October 20, 2019

Reach More Customers by Sending an Email Newsletter

Reach More Customers Email newsletters are one of the best ways to keep your readers, clients, and supporters updated on what’s going on with your work. While email has been around for awhile, it’s effectiveness has not waned. In fact, email marketing can drive more purchases than other forms of marketing, including social media. You may already be sending other types of emails, but if you aren’t using a newsletter to communicate with your customers, you could be missing a good opportunity. It’s a great way to help build and maintain relationships with your readers and customers, which can ultimately lead to more sales. Read on to find ideas for creating a good newsletter and content ideas too. Creating a newsletter A newsletter can be anything you make it and can contain updates on books, publishing news, tips, or events you’re attending. Really, any content or information that your customers would love to know about and can help your sales is fair game. But you’ll need to keep your newsletter content fresh to keep your readers engaged, and you’ll have to send it regularly. Here are four tips to keep your newsletter generating interest: Manage expectations When people sign up to get your email newsletter tell them what type of content they can expect and how often you plan to mail. You’ll want to send at least once per month, but more often will keep your work in your reader’s minds. Don’t let the frequency scare you off, you can decide how much information should be in each one. that can hold their attention. People tend to skim emails until they find something they really want to read, so make your content easy-to-read and digest. be sure they know what they’re supposed to do when they finish reading it. Want someone to make a purchase? Go to your Facebook page? Fill in a survey? No matter what the purpose of your email, using a call-to-action can help your readers complete the action you’re looking for. Use phrases like â€Å"Read an Excerpt,† â€Å"Find Out More Now,†Ã‚   or simply â€Å"Buy Now.. Don’t forget images While a writer may not agree that a picture is worth a thousand words, they do serve important purposes in emails, so be sure to include them. An image can help sell a product, they lead your readers further into the email, and they make it easier to read Content ideas Coming up with new content for each email you send may seem daunting, but you can use a surprising amount of things you’ve already created as content. The infographic 25 Content Ideas for Your Email Newsletter has lots of great suggestions such as: Product updates Be sure your customers know about exciting new changes to your product or service. Let them know exactly what the changes are and most importantly, how these changes will (or won’t) affect them. Happy Birthday/ Anniversary Is your business celebrating a company anniversary or other milestone? Virtually invite your customers to share in the fun. FAQS Rather than waiting for customers to email you with questions, anticipate their needs and send out a list of FAQs with thoughtful answers. FAQS may seem like something outside of what a writer might need, but if you make it fun and answer common questions you get, your customers will love it. Thank you, Thank you When it comes to your customers, donors, event attendees, etc. it’s always appropriate to send an email to say, â€Å"Thank you.† Wrap up want to read. And remember, you don’t have to create everything you share in your newsletter yourself. If there’s an infographic, image, event, or blog post that someone else has created, give them credit of course, but share that with your readers. They’ll enjoy a different perspective and it can save you a lot of time. Plus you’ll look like a genius for sharing great information they may not be able to find on their own. will look forward to them, open them when they arrive and become loyal customers. Source: 25 Content Ideas for Your Email Newsletter

Saturday, October 19, 2019

Advanced Clinical Nutrition Research Paper Example | Topics and Well Written Essays - 1000 words

Advanced Clinical Nutrition - Research Paper Example Many theories have been advanced to explain this analogy. But the most acceptable is as follows; the trigger in heart attacks and some forms of stroke is the accumulation of cholesterol rich plaques (atheromas) in blood vessels of the heart and brain. The body detects these plaques as foreign and unwanted in the body; hence, through the process of inflammation, the body tries to remove the plaques from the walls of blood vessels. However, as the body is trying to remove the foreign plaques from the walls of blood vessels, circumstances may go wrong in that the plaques may rupture causing aneurysms or it may trigger blood clot formation. These clots normally obstruct blood flow to vital organs of the body causing heart attacks or cerebral infarcts (strokes). 2) Choose a nutrient or food that is considered both â€Å"anti-inflammatory† and â€Å"heart healthy†. Provide evidence that supports that your nutrient/food is â€Å"heart healthy† using key studies from the literature (described sufficiently and referenced appropriately). Beans. Foods like beans are anti-inflammatory in the sense that they do not have triggers of inflammation which may predispose to cardiovascular diseases. ... Beans are anti-inflammatory from many respects. Clinically, beans have been observed not to cause any heart conditions. Basically, beans do not have any cholesterol; hence, they do not trigger any inflammatory response in arteries of the heart. Epidemiologically, studies have revealed that incidences of heart conditions with plant products are rare, but animal products have been implicated. 4) Is the anti-inflammatory evidence clear? Why or why not? The anti-inflammatory response is clear in that there is no content of LDL cholesterol in beans and bean products. 5) Briefly, how would you design a study to provide information that would strengthen your case for the anti-inflammatory effects of your nutrient/food in humans? I would conduct biochemical tests on beans to ascertain that they do not have LDL cholesterol that triggers inflammation to cause cardiovascular diseases. QUESTION #2: Consider the National Cholesterol Education Program (NCEP), adult treatment panel III (ATP III) re commendations for reducing CVD risk. Discuss EITHER the dietary soluble fiber OR plant sterols/stanols recommendation and answer the following questions: 1) First, mechanistically speaking, how is that particular recommendation supposed to lower CVD risk? Be specific Introduction of soluble dietary fibers is a strategy for reducing cardiovascular disease. These foods have trace amounts of saturated and trans fats, hence, they reduce incidences of cardiovascular disease. The therapeutic lifestyle changes that are recommended to reduce cardiovascular disease risk are that fiber should be between 20 to 30 g per day. 2) Where did the recommendation itself come from? In other words, what research led to this recommendation?

Management Information Systems at Wal-mart Essay

Management Information Systems at Wal-mart - Essay Example The intention of this study is Wal-mart as the largest retail company in the world that has been on the top of Fortune’s 500 list for several years. It is also the largest employer in the world. Wal-mart deals in general merchandise as well as specialized product lines such as pharmacy, tire and lube express and photo processing. Wal-mart sells high quality branded products to its customers at the lowest prices. Wal-mart achieves this seemingly contradictory combination right using advanced management information systems. In addition, it makes special long term contracts with big suppliers and removes middlemen. The basic idea behind Wal-mart’s business is discount merchandising that is keeping margins low by selling at a large discount but improving the top-line by selling a very large volume of products. In realizing Wal-mart’s corporate strategies in practice, management information systems have played the most significant role. Wal-mart’s supply chain is considered the best in the world due to a very efficient use of information technology. This is the company’s core competency. Wal-mart has been a pioneer of many supply chain management practices based on advanced information systems. The use of RFID (Radio Frequency Identification) is the biggest and most recent of these. The following sections discuss the use of management information systems used by Wal-mart and the strategic advantages derived by the company as a result of them. 3. Wal-mart’s Inventory Management System Wal-mart uses an inventory management system called Retail Link. This system allows the suppliers to have a look at the number of products of each type at the shelves in each retail store of Wal-mart at any given time. In addition, the system gives information about the sales rate for any period say an hour, a day, a week or a year. The suppliers also get real time information about the time of the day their products sell, the accompanying produ cts which it sells and other details. All this information helps the supplier companies in efficient inventory management. In many cases, Wal-mart leaves the stock decisions entirely to the supplier companies. This saves considerable costs in administration. The inventory risks such as stock-outs are hence transferred to the suppliers. This leads to a significant cost reduction (PriceWaterHouseCoopers, 2010). 4. Channel Partnership with big companies through information systems Wal-mart has forged several strategic partnerships with major supplier companies. These partnerships have been facilitated by modern information systems and flawless execution. A prominent case study is the strategic partnership between Wal-mart and Procter & Gamble. Both the companies are major players in their sectors. They have developed a common supply chain information sharing channel to better co-ordinate the supply chain activities. What began as a data sharing activity slowly permeated through strateg ic, operational and tactical levels in the two organizations. For achieving their objectives, Wal-mart and P&G together came up with a data highway that allowed the companies to share information on sales at all stores, types and time of sale, shelf information and so on. This drove down costs of both companies and increase customer satisfaction. The conceptual diagram for the data highway is shown in Figure 1.4.1. Figure 1.4.1: Channel Partnership Data Highway between Wal-mart and P&G Source: Grean, Michael; Shaw, Michael J. Supply Chain Integration through Information Sharing: Channel partnership between Wal-mart and Procter & Gamble In this approach, Wal-mart used scanners inside its retail stores to study their own business. The observations were critically analyzed. P&G used consumer buying patterns and compared it with the customer information available from market research or other activities. All the information collected and analyzed by the two companies was collected. This led to

Friday, October 18, 2019

Conventional medicine vs. Modern (such as herbs) & are herbs ethical Research Paper

Conventional medicine vs. Modern (such as herbs) & are herbs ethical - Research Paper Example Thus, it is important to understand the ethical issues raised by the use of unconventional medicines in treatment of various conditions. Conventional Medicine vs. Modern Medicine Traditional medicine is an ancient and culture-oriented medical practice, which was in existence in the human societies before the use of modern science in health. The traditional medicine practice varies widely and they attempt to keep the cultural and societal heritage of different nations. The human community responds to treatment of diseases and maintenance of health through the development of a medical system. Thus, the traditional medicine practice is evident in almost all cultures. The traditional medicine practice is mainly relies on personal experience and conventional use. The benefit of traditional medicine and majority of modern medical treatments have not been assesses using contemporary scientific methods. Extensive accounts of experiences and use from one generation to the other offers some ev idence that traditional medicine is effective. However, there is need for scientific research to offer additional evidence to the safety and effectiveness of the traditional medicines (World Health Organization [WHO], 2000). Complementary and alternative medicine (CAM) is used by most of the Americans as they pursue health and well-being. Complementary and alternative medicine (CAM) is a group of various health care and medical systems, and products currently not regarded as part of the conventional medicine. Complementary medicine is utilized together with conventional medicine. On the other hand, alternative medicine is utilized in place of conventional medicine. CAM practices are divided into different categories such as body-based practices, manipulative practices, mind and body medicine, and natural products (National Center for Complementary and Alternative Medicine [NCCAM], 2011). Herbal Medicines In the category of natural products, there are various minerals, vitamins, herb al medicines (also referred to as botanicals), and other natural products. Of great importance in this study are the herbal medicines. Botanical or herbal medicines indicate some of the earliest attempts to enhance the human condition (NCCAM, 2011). MedlinePlus (2010) defines an herb as part of a plant or a plant used for its flavor, therapeutic, or scent properties. People take herbal medicine products as dietary supplements to improve their health. Most of the herbs have been used for quite a long time because of their claimed health benefits. However, not all herbs have health benefits, some cause health problems, others are not effective and others fail to interact well with other drugs the patient is taking (MedlinePlus, 2010). Are Herbs Ethical? There are volumes of literature that offer examples of patients who have been cured of their diseases and ailments through the use of unconventional therapies such as meditation, herbal therapies, and acupuncture. However, the basis of most of these reports is on poorly managed clinical trials or testimonials. Thus, it has become a big dilemma for the physicians to properly measure the benefit of unconventional therapy for the patients. There are cases where the patient may demand the use of unconventional therapy for his or her condition or for someone they have control over. For instance, a case is given where a mother demanded that the caregivers use â€Å"

Effects of Technology in Administrative Office Systems Essay - 1

Effects of Technology in Administrative Office Systems - Essay Example ed turnaround such as Smartphone, the Internet and tablet PCs has shown signs of certain disadvantages that may have long-lasting effects if not addressed timely. Since connectivity to the internet is not an issue anymore it is possible to access both personal and office related work via the internet just about any time during the day. All one needs to do is to log into the internet and begin to access your work while even sitting at your home. " Typically, the concern about our dependence on technology is that it detracts from our time with family and friends in the real world. ... It may be that the immediacy of the Internet, the efficiency of the iPhone and the anonymity of the chat room change the core of who we are." (Pope, 2010) Administrative Offices have many managerial tasks at hand. It is imperative that their details be discussed in order to narrate the changes that would be bought with the fusion of technology in them. For a conventional office system administrative tasks may merely be as simple as the maintenance of records of the employees working for an organization and the maintenance and generation of their payroll, regularly, on a monthly basis to the strategic tasks as those involving major business decision making. Managing of administrative knowledge, in a knowledgeable manner is the key to betterment in the implementation of these processes. Shannak researched the effect of managing knowledge upon administrative decision making and quotes the following as part of his research, "Knowledge Management is a technique that seeks to improve the performance of individuals and organizations by making use of the present and future value of knowledge assets. It is presumed that the performance will be improved by providing the right knowledge to the right people at the right time." (Shannak, 2010) The introduction of technology has revolutionized the nature of administrative office tasks. The transition from manually entered official data in a

Thursday, October 17, 2019

Reasons why Immigrants Fail to Learn English Essay

Reasons why Immigrants Fail to Learn English - Essay Example Some take shorter time to understand than others, while others really have a hard time even grasping basic terminologies. From the onset, it is the teacher who initiates all communication and this can be a very frustrating experience. Obviously, at the start not all the students have equal mastery over the English language. Some will take a bit longer to grasp the introductory advances. To this effect, new teachers are usually barely well – equipped to handle multi – cultural students at once. No matter how many languages the teachers know and speak, there is always the chance that some student will come in whose language the teacher has not grasped. Furthermore, most teachers invest in learning mainstream foreign languages only e.g. French, German and Spanish. So when a Hindu speaking student joins the class for example, the teacher has to reanalyze his / her initial approach to teaching. Even after the basic salutations and pleasantries have been mastered by the stude nts, the accent issue still dominates the learning environment. In some instances the teacher has to repeat the words severally before the students can grasp the pronunciation. Another problem that teachers encounter is dealing with the students’ varying motivation during the lessons. Naturally, the students will have enrolled due to different ambitions. While some undergo the lessons as a compulsory requirement, others enroll just for the sake of familiarizing themselves with a foreign language (in this case, English). In such a scenario, not all students will have the same level of motivation as the lesson proceeds. Shifting focus to the immigrants, most of them portray some reluctance to apply themselves to the learning process when they encounter the initial difficulty in familiarizing with the English language. One would notice some subtle resistance to learning the language. Then again there is the erosion of English in the United States. Dominance of slang confuses the foreign students. In the classroom, the students are taught one thing. When they step out into the street, they hear something entirely different. At some point the students will be bound to get disillusioned. With the language itself, English has very many idioms and other figurative styles of language. Expecting the students to apply and relate to such linguistic features when they are barely grasping the basic language is an uphill task. English literature has a heavy influence in the curriculum and therefore students are expected to familiarize themselves with hundreds of classic literary pieces during learning. They end up complicating matters and students have a hard time registering what they are taught. A student would find it hard to grasp the aspect of symbolism when he / she can barely distinguish between tenses. Rules of exception also act as obstacles to the learning process too. Foreign students take time to establish syntax, sentence structure and word order. Regiona l dialects in the United States also heavily affect the student’s mastery of the language. For instance, a student living in a Latino neighborhood will be affected by the dialect spoken in that area. Some immigrant students have a phobia for resident students because they feel inferior when their English is not as polished as their hosts. Chapter 2 Immigrants

Change Management Essay Example | Topics and Well Written Essays - 2000 words - 1

Change Management - Essay Example In 1951 they launched BMW 501 which was their first automobile. Since then the company has been one of the frontrunners in producing cars. BMW is one of the â€Å"German Big 3† high end car makers together with Mercedes-Benz and Audi. BMW is actually a house of brands containing brands like Mini, BMW and Rolls-Royce. BMW is present across the world and has its operations adjusted to meet the requirements of respective country. In this report we will analyse the change management of BMW in Thailand. Overview of the analysis tools used SWOT of BMW Thailand BMW was one of the key drivers for growth of the premium segment in whole of Thailand. In 2009, it was the only brand whose market share increased. Through their relentless effort of proving the most advanced technologies in the Thai market, they have created a name for themselves. Due to challenging economic conditions in Thai, coupled with fluctuation of oil prices, world financial crisis, the consumers of Thailand were look ing for more fuel-efficient cars. But they still wanted to have that comfort, safety and smooth driving performance. BMW came out with a perfect solution named BMW Efficient Dynamics technology (BMW Thailand, 2013, p. 1). It gave exactly what the consumers have been looking for and earned BMW group the title of â€Å"The Most Sustainable Car Company in the World.† This shows that BMW has strong innovative strength to cater to Thai customers. The major weakness that BMW faces in Thailand is that their overall servicing process is not good. It takes considerable time to fix or service the car and sometimes it is seen that the problems are not actually resolved. Another weakness is that there is a strong rivalry between the dealers in Thailand (Dealtry, 1992, p. 61). Thailand has approximately 4-5 dealers and they are very competitive to each other. BMW faces major threat from external environment. With world economy in a bad shape so is the economy of Thailand. There is intense competition in the Thai Market. The fuel price keeps fluctuating along with change in exchange rates. The prices of raw materials also keep on increasing. BMW in Thailand has a strong brand presence which enables it to become No.1 in the premium segment. With customer focused strategy adopted they can continue to make exciting additions to BMW group Thailand products (Liu, Akram and Bouguettaya, 2011, p. 82). Lewin Model of Change According to Kurt Lewin model of Change, every organisation has to go through three steps to complete the Change process. They are Unfreeze, Change and Refreeze. In the Unfreeze stage, BMW must try to understand the importance of change and communicate to the employees (Cameron and Green, 2012, p. 215). In Thailand, the customer service is a major issue that needs to be changed. Hence the employees to be told about the issue of long servicing process faced by their customers. During the change process, BMW has to keep on communicating the importance of ch ange in customer service and how it will affect their revenue (Dessler and Phillips, 2007, p. 316). Finally in the Refreeze step once BMW has been able to achieve improved customer service and the employees have themselves adjust to the new servicing

Wednesday, October 16, 2019

Reasons why Immigrants Fail to Learn English Essay

Reasons why Immigrants Fail to Learn English - Essay Example Some take shorter time to understand than others, while others really have a hard time even grasping basic terminologies. From the onset, it is the teacher who initiates all communication and this can be a very frustrating experience. Obviously, at the start not all the students have equal mastery over the English language. Some will take a bit longer to grasp the introductory advances. To this effect, new teachers are usually barely well – equipped to handle multi – cultural students at once. No matter how many languages the teachers know and speak, there is always the chance that some student will come in whose language the teacher has not grasped. Furthermore, most teachers invest in learning mainstream foreign languages only e.g. French, German and Spanish. So when a Hindu speaking student joins the class for example, the teacher has to reanalyze his / her initial approach to teaching. Even after the basic salutations and pleasantries have been mastered by the stude nts, the accent issue still dominates the learning environment. In some instances the teacher has to repeat the words severally before the students can grasp the pronunciation. Another problem that teachers encounter is dealing with the students’ varying motivation during the lessons. Naturally, the students will have enrolled due to different ambitions. While some undergo the lessons as a compulsory requirement, others enroll just for the sake of familiarizing themselves with a foreign language (in this case, English). In such a scenario, not all students will have the same level of motivation as the lesson proceeds. Shifting focus to the immigrants, most of them portray some reluctance to apply themselves to the learning process when they encounter the initial difficulty in familiarizing with the English language. One would notice some subtle resistance to learning the language. Then again there is the erosion of English in the United States. Dominance of slang confuses the foreign students. In the classroom, the students are taught one thing. When they step out into the street, they hear something entirely different. At some point the students will be bound to get disillusioned. With the language itself, English has very many idioms and other figurative styles of language. Expecting the students to apply and relate to such linguistic features when they are barely grasping the basic language is an uphill task. English literature has a heavy influence in the curriculum and therefore students are expected to familiarize themselves with hundreds of classic literary pieces during learning. They end up complicating matters and students have a hard time registering what they are taught. A student would find it hard to grasp the aspect of symbolism when he / she can barely distinguish between tenses. Rules of exception also act as obstacles to the learning process too. Foreign students take time to establish syntax, sentence structure and word order. Regiona l dialects in the United States also heavily affect the student’s mastery of the language. For instance, a student living in a Latino neighborhood will be affected by the dialect spoken in that area. Some immigrant students have a phobia for resident students because they feel inferior when their English is not as polished as their hosts. Chapter 2 Immigrants

Tuesday, October 15, 2019

Corporate culture Essay Example | Topics and Well Written Essays - 1250 words

Corporate culture - Essay Example The goal of the essay is to identify what parts of culture are the most important and why it is useful for managers in order to build a worthwhile long-term corporate strategy and keep competitive edge. Here will be described power, diverse attitudes and beliefs, how to effectively manage people, risk and socialisation. The corporate culture There are several success factors for business if the organisation desires to achieve growth and build high human capital development. First, leadership needs to have a very strong vision of what they want to accomplish. â€Å"They know how to set the direction for the organisation and how to build commitment to follow that direction† (DeVries, 1996, p.491). It is necessary for managers to be transformational, using positive personality and charismatic traits, in order to get employees to model themselves after the leader. They need to push for personal growth and add more value to the human resources role to gain this commitment. However, this cannot be done without setting a cultural tone within the business that provides opportunities for employees to be empowered. If the manager considers culture important, they will develop proper training for this effort and always reinforce how important it is for employees to be focused on mission-related goals. ... Managers should not always keep power at the top levels since this breaks down the effectiveness of attempting to build a positive, unified corporate culture. â€Å"If power lies in the strategic coordination of resources rather than mere possession of them, then a strategic conception of power offers the opportunity for subordinate groups to develop coalitions capable of challenging dominant groups† (Alvesson & Willmott, 2003, p.6). If this is true, then employees will work against senior-level power and control and try to combat it by developing their own factions as they try to gain control in certain key areas. If power only resides at the top layers of the business leadership, then it is not a true culture. It is, instead, a business that maintains very high controls and does not provide workers with much flexibility or give them perceptions of value. A business that operates in this condition would be referred to as a centralised organisation dedicated only to making sur e employees perform as they are expected. Social and psychological factors are dismissed in this type of business and no culture exists at all, only one with a Theory X type of focus where employees are always regulated. This could lead to higher turnover rates or generally dissatisfied employee groups who have little to contribute to a cultural whole. In some business environments overseas, such as Saudi Arabia, managers score high on testing related to Hofstede’s power distance scale. This is due to Muslim beliefs that are traditionalist and are common in Islamic societies (Bjerke & Al-Meer, 1993). Power distance is the level of closeness between management and regular employees.

Monday, October 14, 2019

Tessellation Patterns Essay Example for Free

Tessellation Patterns Essay A tessellation is â€Å"the filling of a plane with repetitions of figures in such a way that no figures overlap and that there are no gaps† (Billstein, Libeskind, Lott, 2010) . Tessellations can be created with a variety of figures, including triangles, squares, trapezoids, parallelograms, or hexagons. Tessellations use forms of transformations to show the repetitions of the figures. The transformations can includes translations, rotations, reflections or glided reflections. Any student would be able to create their own original tessellation by piecing together a variety of geometric shapes in a repetitive pattern by a transformation, either by hand or on a computer. The tessellation that I have created includes hexagons, squares, and triangles. I placed the squares and triangles around the hexagon to fill in the open spaces; this is to ensure that it is a complete tessellation. I did that because I found it to be very eye catching and adding the colors makes it a visually stimulating piece. This tessellation has the transformation of translation. Each shape is moved from one point to another in a straight line. The line can either be up or down, left to right, or even diagonally, but the shape itself is a copy of the original. The different colors of the hexagons allow you to see where the repetition occurs. Tessellations have been found in real-life. Soccer balls, plaid clothing, honey combs, and brick lying are examples of tessellations. One of my favorite things as a child was a kaleidoscope. This was a toy the when you held it the light showed a tessellation and if you rotated the scope, the tessellation would change. It was a fascinating toy for a child and it introduced them to the idea of a tessellation without knowing about them. Tessellations are a visual stimulate and cause many of happy days in my childhood and hopefully will be that way for my children as well. Reference Billstein, R., Libeskind, S., Lott, J. (2010). A problem solving approach to mathematics for elementary school teachers (10th ed.). Boston, MA: Pearson Addison Wesley..

Sunday, October 13, 2019

Economic Growth and the Environment

Economic Growth and the Environment Will the world be able to sustain economic growth indefinitely without running into resource constraints or despoiling the environment beyond repair? What is the relationship between a steady increase in incomes and environmental quality? Are there trade-offs between the goals of achieving high and sustainable rates of economic growth and attaining high standards of environmental quality. For some social and physical scientists, growing economic activity (production and consumption) requires larger inputs of energy and material, and generates larger quantities of waste byproducts. Increased extraction of natural resources, accumulation of waste, and concentration of pollutants would overwhelm the carrying capacity of the biosphere and result in the degradation of environmental quality and a decline in human welfare, despite rising incomes. Furthermore, it is argued that degradation of the resource base would eventually put economic activity itself at risk. To save the environment and even economic activity from itself, economic growth must cease and the world must make a transition to a steady-state economy. At the other extreme, are those who argue that the fastest road to environmental improvement is along the path of economic growth: with higher incomes comes increased demand for goods and services that are less material-intensive, as well as demand for improved environmental quality that leads to the adoption of environmental protection measures. The strong correlation between incomes, and the extent to which environmental protection measures are adopted, demonstrates that in the longer run, the surest way to improve your environment is to become rich, Some went as far as claiming that environmental regulation, by reducing economic growth, may actually reduce environmental quality. As agriculture and resource extraction intensify and industrialization takes off, both resource depletion and waste generation accelerate. At higher levels of development, structural change towards information-based industries and services, more efficient technologies, and increased demand for environmental quality result in leveling-off and a steady decline of environmental degradation (Panayotou 1993), as seen in the Figure 1 below: The issue of whether environmental degradation (a) increases monotonically, (b) decreases monotonically, or (c) first increases and then declines along a country’s development path, has critical implications for policy. A monotonic increase of environmental degradation with economic growth calls for strict environmental regulations and even limits on economic growth to ensure a sustainable scale of economic activity within the ecological life-support system (Arrow et al. 1995) A monotonic decrease of environmental degradation along a country’s development path suggests that policies that accelerate economic growth lead also to rapid environmental improvements and no explicit environmental policies are needed; indeed, they may be counterproductive if they slow down economic growth and thereby delay environmental improvement. Finally, if the Environmental Kuznets Curve hypothesis is supported by evidence, development policies have the potential of being environmentally benign over the long run, (at high incomes), but they are also capable of significant environmental damage in the short-to-medium run (at low-to-medium-level incomes). In this case, several issues arise: (1) at what level of per capita income is the turning point? (2) How much damage would have taken place, and how can they be avoided? (3) Would any ecological thresholds be violated and irreversible damages take place before environmental degradation turns down, and how can they be avoided? (4) Is environmental improvement at higher income levels automatic, or does it require conscious institutional and policy reforms? and (5) how to accelerate the development process so that developing economies and economies in transition can experience the same improved economic and environmental conditions enjoyed by developed market economies? Policy Response In the OECD countries we observe a strong decoupling of emissions of local air pollutants from economic growth. OECD countries have achieved a strong decoupling between energy use and economic growth over the past 20 years, with the economy growing by 17% between 1980 and 1998 and energy use falling by the about the same percentage. Water and resource use continued to grow but at a rate slower than GDP growth reflecting a weak decoupling of the two. Thus decoupling of emissions in OECD and generally the developed ECE countries has been accomplished through a combination of technological change and a strong environmental policy. The latter consisting of â€Å"greening† of fiscal policy, removing subsidies to environmentally harmful activities and the use of economic instruments to internalise environmental cost. A number of EU policy initiatives, such as the Broad Economic Policy Guidelines 2001, among others have promoted a gradual but steady and credible change in the level and structure of the tax rates until external costs are fully reflected in prices, to cope with most of the fundamental structural problem in all developed countries, the unsustainable patterns of production and consumption. In the energy markets these guidelines aim to uses taxes and other market-based instruments to rebalance prices in favour of reusable energy sources and technologies. Other EU initiatives in this direction are the European Climate Change Programme (ECCP), the directive establishing an EU framework for emissions trading, and the Integrated Product Policy (IPP) all of which aim at realigning price relations and stimulating investments in new technologies that promote sustainable development. Member states are encouraged to improve market functioning by addressing market failures such as externalities through â€Å"increased use of market-based systems in pursuit of environmental objectives as they provide flexibility to industry to reduce pollution in a cost effective way, as well as encourage technological innovations†. Economic instruments such as gradual but steady and credible change in the level and structure of tax rates until external costs are fully reflected in prices are promoted as the most efficient means of decoupling economic growth from pollution, as they alter price relations and thereby also drive changes in technology and consumer behaviour (preference) that lie behind the growth-environment relationship. As exemplified by the energy and transport sectors, the EU decoupling policy consists of demand management through full-cost pricing and development of more environmentally friendly alternatives by promoting technological innovations. Since 1990 all economies in transition have made efforts to restructure their energy and transport sectors along market principles and to raise energy prices closer to economic and international levels. However because of the political sensitivity of energy pricing and the lagging reforms in many transition economies a gap of 20-85% continues to persist between energy prices in economies in transition. For example electricity prices for households in Eastern Europe are only 50 percent of those of the European Union; for industrial consumers, electricity prices are closer to their economic and international levels being 20% lower than those of the EU. The United Nations Economic Commission for Europe has repeatedly called upon its members to raise the prices of various energy sources to their full economic costs and adapt economic instruments to internalise the costs to human health and the environment associated with energy production and consumption. The aim is to decouple emissions from energy use and energy use from economic growth. Despite significant progress towards sustainable development developed countries are still experiencing unsustainable consumption patterns as evidenced by the continued growth of municipal waste and CO ² emissions. As transition economies begin to recover and grow again their emissions and resource use are also growing though less than proportionately. Their GDP energy-intensity, though declining, continues to be several times that of the developed countries while their consumption patterns are tracing the same path as that of their developed counterparts. Further decoupling of growth and environment and progress towards sustainable development calls for action on many fronts by both groups of countries as well as cooperation between them especially in technology transfer: Use of an effective mix of economic instruments such as taxes, charges and tradable permits to correct market and policy failures and to internalise environmental and social costs and induce changes in the composition of consumption and production. Improvement in resource use efficiency and â€Å"dematerialization† of the economy Change in the content of economies growth and this involves adjustments costs which tend to be greater the faster is the rate of change in relative prices; in particular those who lose need to be compensated by those who benefit Introduction of specific policies to preserve the living standards of those directly affected by the required adjustment and to avoid unemployment and social disruption; issues of inequality and social exclusion must be addressed.

Saturday, October 12, 2019

Enginnering Ethics Paper -- Engineering

In order for an engineering concept to be considered innovative it must be a new method or product; but it can also be a modification to an existing method or product. Generally the function of innovation is to overcome a new obstacle or to improve upon a current solution to any design. For the purpose of this paper innovation will not be defined only as an improvement. However, the innovation may cause new problems to arise. Given this situation the engineer may not have taken all the necessary steps to ensure the success of the application of the new design. In this paper one such engineer (William LeMessurier) and design concept will be discussed. The definition of innovation in the engineering field will be developed and the question of whether or not there are additional obligations imposed on the engineer as a result of innovation will be addressed. It was previously stated that innovation produces new problems which still holds true, but the statement may cause confusion given the definition of innovation as compared to the definition of invention. Invention is the generation of an idea while innovation is the attempted implementation of that idea. Having established general definitions an expansion on the definition of innovation is needed. An idea cannot be considered innovative if the application is unsuccessful. In order for a concept to be considered innovative it has to meet the design criteria. An innovative design must possess or more of the following characteristics: unusual, ground breaking, novel or a significant transformation from the previous design. In the field of engineering the distinction between innovative and non-innovative designs is based mostly on pioneering. The purpose of an engineer is to improv... ...tated that the night welding was the result of â€Å"an upgrade to reflect a recent change in the NYC building codes†2. This statement was deceitful but not irresponsible. The public health, safety and welfare were not ignored in association with the Citicorp design. Precautions were taken and information was shared among those in a position to make an impact. Informing the public of a design flaw would most likely cause panic and great economic loss. The engineer LeMessurier acted responsibly on his part. As the lead engineer public relations and press releases are not his responsibility. References 1. "Innovation.†. Britannica Family Encyclopedia. Chicago: Encyclopedia Britannica, 2008. 2. E. HARRIS and R. JAMES, ENGR 482 Class Notes, Texas A&M University (Fall 2009). 3. HARRIS,PRITCHARD, RABINS, â€Å"Engineering Ethics†, Wadsworth, Cengage Learning, Belmont (2009)

Friday, October 11, 2019

History of the Soft Drinks Industry Essay

Introduction Soft drinks, more popularly known as sodas, are not exactly referred to as items of necessity. People can live without sodas. In fact, people might be safer if they don’t drink soft drinks so much. And yet, soft drinks somehow make it to the top of the list of items bought by the average consumer. Why is this, exactly? Well, for one thing, sodas are delicious. They stand between liquor and juice. Those who are too young to drink beer but think that fruit juice is too juvenile can order sodas. Those too old and are putting their health at risk by drinking hard drinks can enjoy soft drinks and no one would think any less of them. In short, sodas have a mass appeal. They carry an image with them; an image of a person with a comfortable lifestyle. This report will take a look at the soft drink industry as a whole and particular industry’s leaders, brief history and description of the industry; will show industry characteristics, trends, changes, and competitive factors; will give recommendations for the companies within the industry. My experience of the consumer and the seller of the soft drinks, allowed me to say, that the soft drinks industry deserves attention. It is one of the biggest, fast growing, perspective, and profitable industries in the world. It takes a big place in our life as consumers. Soft drinks, and such big companies as Coca – Cola or PepsiCo, are widely spread everywhere and available in any country in the world. I decided to choose the soft drinks industry, because it illustrates the great production and distribution; and important business innovations, such as product development, franchising, and mass marketing, as well as the evolution of consumer tastes and cultural trends. History of the soft drinks industry. The soft drink industry began in the mid-1880s with the creation of syrup that was mixed with carbonated water and served at drug store lunch counters. During the early years, soft drinks were sold only in stores that could provide fountain service. Increasing distribution was tied to building additional syrup manufacturing plants. With the advent of bottling machinery, soft drinks began to be distributed beyond the town drug store. The first bottled soda water or soft drink in the United States was produced in 1835. These drinks were called soft drinks, only to separate them from hard alcoholic drinks. This drinks do not contain alcohol and broadly specifying this beverages, includes a variety of regular carbonated soft drinks, diet and caffeine free drinks, bottled water juices, juice drinks, sport drink and even ready to drink tea or coffee packs. So we can say that soft drinks mean carbonated drinks. Charles Aderton invented â€Å"Dr Pepper† in Waco, Taxes in 1885. Dr. John S. Pemberton invented â€Å"Coca – Cola† in Atlanta, Georgia in 1886. Caleb Bradham invented â€Å"Pepsi – Cola† in 1892, and so on. Bigger and smaller companies appear on a soft drink market since the greatest profitability (advantage) and cheap manufacturing of this industry was discovered. Today, soft drink is more favorite refreshment drink in the United States then tea, coffee, juice and etc. Soft drinks industry overview in the United States and World Wide. The soft drinks industry is very big, very visible, highly concentrated, and appears to have been very profitable. The leaders of the Soft Drink Industry are the Coca-Cola Company, PepsiCo, Cadbury Schweppes/Dr. Pepper Snapple, Cott Corp. , and National Beverage Corp. There is also noticeable Asian and European influence on a world market of the soft drinks. Leading companies have prominent presence in the soft drink industry. This industry is well established already, and it would be difficult for any company to enter or exit successfully. According to the Coca- Cola annual report (2009), it has the most soft drink sales with 24. 4 billion dollars. The Coca-Cola product line has several popular soft drinks including Coca-Cola, Diet Coke, Fanta, Barq’s, and Sprite, selling over 400 drink brands in about 200 countries. PepsiCo is the next top competitor with soft drink sales grossing 21 billion dollars for the two beverage subsidiaries, PepsiCo Beverages North America and PepsiCo International (annual report PepsiCo Inc. , 2009). PepsiCo’s soft drink product line includes Pepsi, Mountain Dew, and Slice which make up more than one quarter of its sales. Cadbury Schweppes/Dr. Pepper Snapple had soft drink sales of 6 billion dollars with a product line consisting of soft drinks such as A&W Root Beer, Canada Dry, and Dr. Pepper (annual report Cadbury Schweppes/Dr. Pepper Snapple, 2009). Cott Corporation is one of the world’s biggest soft drinks manufacturers, but has a low profile among consumers because it specializes in producing private label products for retailers. In fact the company is largely credited with revitalizing the supermarket own-label beverage market during the early 1990s, scoring a number of important goals including the introduction of Sam’s American Choice cola by Wal-Mart and Sainsbury’s Classic Cola in the UK. Currently, its small portfolio of consumer brands includes RC Cola, Stars & Stripes and Red Rain. National Beverage Corp. (National Beverage) develops, manufactures, markets and distributes a portfolio of beverage products throughout the United States. The Company develops and sells flavored beverage products, including a selection of flavored soft drinks, juices, waters and energy drinks. Its brands include Shasta and Faygo, each of which has over 50 flavor varieties. The Company also maintains a line of flavored beverage products for the health-conscious consumer, including Everfresh, Home Juice and Mr. Pure 100% juice and juice-based products The Coca-Cola Company accounted for 26. 5% of the world’s soft drinks sales and 43 % of the US market, almost double the amount of rival PepsiCo, which holds a 13. 4 % share of the world market and 32 % of the US market. Both companies appear to be keen to extend their focus by expanding into growing segments for soft drink production. In the last month Coca-Cola has revealed it is extending began researching benefits of Chinese herbal remedies to target growing demand for nutritional benefits and functionality in their products. PepsiCo at the same time has increased its focus in production of non-carbonated beverages with juice in particular becoming important to its operations. Both companies remain significantly ahead of their rivals, reflecting the increasingly competitive nature of the soft drinks market. Cadbury Schweppes/Dr. Pepper Snapple takes 15 % of the US market and 3 % of the world market. Cott Corp takes 5 % of the US market. National Beverage Corp. takes 2% of the US market. (Table 1. â€Å"The top 10 Soft Drinks Companies in 2008 by global market share†, Page 21 and Table 1. a. â€Å"The Top 10 Soft Drinks Manufacturers in the US in 2008 by volume†, Page 21 ). At the core of the beverage industry is the carbonated soft-drink category. The dominant players in this area (Coca Cola, Pepsi, and Cadbury Schweppes/Dr. Pepper Snapple) own virtually all of the North American market’s most widely distributed and best-known brands. (Table 4 â€Å"Top Ten Soft Drinks in the US, 2009. † Page 24) They are dominant in world markets as well. These companies’ products occupy large portions of any supermarket’s shelf space, often covering more territory than real food categories like dairy products, meat, or produce. Coca-Cola and PepsiCo continued to dominate the soft drinks market in 2010 accounting for more than a third of global sales in the sector, according to market analytic. Soft drinks industry description. The market size of this industry has been changing. Soft drink consumption has a market share of 46. 8% within the non-alcoholic drink industry. (Table 2, 2. a. â€Å"Global Soft Drinks Market Segmentation: % Share, by Value, 2008†, Page 21). Total market value of soft drinks reached $367. 2 billion in 2008 with a market value forecast of $377. 1 billion by the end of 2010. In 2013, the global soft drink market is forecast to have a value of $456. 3 billion. The 2008 soft drink volume was 325,367. 2 million liters (Table 3 â€Å"Global Soft Drinks Market Volume: liters million†, Page 22). In 2013, the global soft drink market is forecast to have a volume of 474 million liters, an increase of 22. 3% since 2008. Soft drink industry is lucrative with a potential for high profits, but there are several obstacles to overcome in order to capture the market share. Carbonates sales proved the most lucrative for the global soft drink market, generating 46. 8% of the total value. However, the volume of the U. S. carbonated soft drinks declined -3% in 2009. That compares to – 2. 3% decline in 2008; a – 0. 6 % decline in 2007; and a -0. 2% decline in 2006. Top companies, Coke and Pepsi, generated similar results last year. Coke carbonated soft drinks volume was down -3. 1% and PepsiCo’s was down -4%. Both lost share. Dr. Pepper Snapple’s carbonated soft drink volume was down -1. 3%. (See below, Table 5 â€Å"Carbonated soft drink Companies in the U. S. for 2009†). In the U. S. , with the carbonated soft drinks decline accelerating, other categories are slowly growing. (For example, bottled water and energy drinks market. ) The Coca-Cola Company accounts for 22. 6% of the global soft drink market’s volume. Supermarkets and hypermarkets distribute 48. 4% of the global soft drink market’s volume. Table 5. â€Å"Carbonated soft drink Companies for 2009†. Top -10 CSD Companies in the US for 2009| 2009| 2009| 2008| | 2009| 2008| | Rank Companies| Market Share| Market Share| Share Change| Cases (millions)| Cases (millions)| Volume% Change| 1| Coca-Cola Co| 42. 7| 42. 8| -0. 1| 4107. 6| 4241. 1| -3. 10%| 2| Pepsi Co| 30. 8| 31. 1| -0. 3| 2960. 4| 3082. 8| -4. 00%| 3| Dr Pepper Snapple| 15. 3| 15| 0. 3| 1471. 2| 1491. 3| -1. 30%| 4| Cott Corp| 4. 7| 4. 8| -0. 1| 448| 476. 6| -6. 00%| 5| National Beverage| 2. 6| 2. 5| 0. 1| 247. 5| 243. 9| 1. 50%| 6| Hansen Natural| 0. 8| 0. 8| flat| 79| 76. 5| 3. 30%| 7| Red Bull| 0. 7| 0. 6| 0. 1| 67. 2| 63. 9| 5. 20%|. 8| Big Red| 0. 4| 0. 4| flat| 43. 6| 42. 4| 2. 70%| 9| Rockstar| 0. 4| 0. 4| flat| 40. 2| 41| -2. 00%| 10| Other| 1. 6| 1. 6| flat| 156. 3| 160. 3| -2. 50%| | Total Industry| 100| 100| | 9621| 9919. 8| -3. 00%| Statements of leading companies within soft drink industry of the US| | Coca – Cola Company | PepsiCo| Dr Pepper Snapple Group, Inc. | National Beverage Corp| Cott Corp (2008) | Net operating revenue| millions $ 30. 990| 43. 232| 5. 531| thousands $ 575. 177| millions $ 1. 648| Cost of goods sold| 11. 088| 20. 099| 2. 234| 405. 322| 1. 467| GROSS PROFIT | 19. 902| 23. 133| 3. 297| 169. 855| 181|. Selling Expenses| 11. 358| 15. 026| 2. 135| 131. 918| 179. 8| OPERATING INCOME| 8. 231| 8. 044| 1. 085| 24. 742| loss 113. 0| TOTAL ASSETS| 48. 671| 39. 848| 8. 776| 265. 682| 873. 1| LIABILITIES AND EQUITY| 48. 671| 39. 848| 8. 776| 265. 682| 873. 1| OPERATING ACTIVITIES| 8. 186| 6. 796| 865| 35. 829| 66. 9| INVESTING ACTIVITIES| used in 4. 149| used in 2. 401| used in 251| used in 3. 491 | used in 54. 8| FINANSIAL ACTIVITIES| used in 2. 293| used in 2. 497| used in 554| 305| used in 19. 4 | Five Forces of the Soft Drinks Industry. ( Figure 3. â€Å"Five Forces of the Soft Drinks Industry†. Page 24). Threat of New Entrants. Significant barriers exist to entering the soft drink industry. Bottling operations have a fairly high minimum efficient scale and require fixed assets which are specific not only to the process of bottling but also to a specific type of packaging. Entering bottling, meanwhile, would require substantial capital investment, which would deter entry. Exit costs are thus also high. Bottling operations do exist which in theory could be contracted out, but they are tied up in long-term contracts with the major players and thus can only contract with other producers in a limited way. Perhaps the most significant barrier to entry, however, is the strong brand identity associated with the best-selling soft drinks. Placing another cola on the market is not an attractive value proposition. Bargaining Power of Suppliers. Suppliers to the soft drink industry are, for the most part, providing commodity products and thus have little power over the industry. Sugar, bottles and cans are homogeneous goods which can be obtained from many sources, and the aluminum can industry has been plagued by excess supply. The one necessary ingredient which is unique is the artificial sweetener; aspartame is clearly preferred by consumers of diet beverages and for a time was under patent protection and therefore only available from one supplier. However, the patent expired and another producer entered, reducing the market power of NutraSweet. For example, the inputs for Coke and Pepsi’s products were primarily sugar and packaging. Sugar could be purchased from many sources on the open market, and if sugar became too expensive, the firms could easily switch to corn syrup, as they did in the early 1980s. Bargaining Power of Customers. Buyers can be considered at the consumer or the retail level. The soft drink industry sold to consumers through five principal channels: food stores, convenience and gas, fountain, vending, and mass merchandisers, fast food restaurants. For consumers, taste will be an important part of the preference for a particular soft drink; thus although there is no monetary switching cost, there may be a loss of enjoyment associated with a less-preferred brand. Because of this, consumers have historically been brand-loyal and not based purchase decisions on price. Retail outlets have not been able to exhibit much buyer power over the industry, although they can do so more easily than consumers. Traditionally these outlets have been fragmented and have been reliant on the major soft drink brands to increase store traffic. However, at the time of the case there has already been evidence of some buyer power on the part of grocery stores, as they successfully resisted an attempt to price the varieties with more costly inputs higher. As grocery chains increasingly consolidate and as discount outlets continue to grow, buyer power on the part of retailers is likely to increase. Threat of Substitute Products. While the U. S. soft drink market was growing, substitutes did little to interfere. Soft drinks are sufficiently unique that when a consumer wants a soft drink another product is not likely to satisfy. Other cold drinks such as water, juices and iced tea offer similar refreshing qualities, yet they do not have the same taste or properties. Hot beverages and alcoholic beverages are not desirable or appropriate for many of the occasions when one would want a soft drink. The one category which threatens soft drink producers is the â€Å"new age† product which offers (or implies) more natural ingredients and/or health benefits. The soft drink industry’s initial answers to these beverages, in the form of Tab Clear and Crystal Pepsi, are not going to compete effectively with the new age products. Competitive Rivalry within an Industry. The concentration in the industry (mainly between its leaders: Coke, Pepsi and Cadbury/Schweppes) would suggest that internal rivalry is somewhat less than if there were many players of equal size. Although the competition between Coke and Pepsi has become fiercer over time, they traditionally competed primarily on advertising, promotion and new products rather than price (although the explosion of new brands did eventually lead to some price competition). The products are similar but not homogeneous and buyers are fairly brand loyal. Retail buyers have significant costs for switching from the major brands since those are responsible for bringing people into the store. Flattening and potentially declining U. S.demand may be a factor which increases internal rivalry and encourages more price competition and thus erosion of profits. Revenues are extremely concentrated in this industry, with Coke and Pepsi, together with their associated bottlers, commanding 73% of the case market. In fact, the soft drink market can be characterized as an oligopoly, or even a duopoly between Coke and Pepsi, resulting in positive economic profits. As analysis using Porter’s five forces shows that the soft drink industry is very profitable. Suppliers and buyers have not had more power over the industry than it has had over them. Internal rivalry, while seeming intense, has not eroded the profitability of the industry because of its concentration and the fact that the two major players have primarily competed on the basis of advertising and promotion and not price. Entry is difficult both for reasons of scale and the strong brand identity of the current major players. Substitutes have not been close enough to take away significant market share, although the emergence of new substitutes may pose the largest threat to the industry’s profitability. Soft drink industry has an oligopolistic character. SWOT analysis of the main producers in the soft drink industry. Coca – Cola Company. The Coca-Cola Company is the world’s leading manufacturer, distributor and marketer of Non- alcoholic beverage concentrates and syrups, in the world. Coca – Cola has a strong brand name and brand portfolio. Business – Week and Interbred, branding consultancy, recognize Coca – cola as one of the leading brands in their top 100 global brands ranking in 2009. The Business Week – Interbred valued Cocoa – Cola at 67,000 million dollars in 2008. Coca – Cola ranks well ahead of its close competitor PepsiCo which has a ranking of 22 having a brand value of 12,690 million dollars. The Company’s strong brand value facilitates customer recall and allows Coca – Cola to penetrate market. However, the company is threatened by intense competition which could have an adverse impact on the company’s market share. Strengths| Weaknesses| World’s leading brand| Negative publicity| large scale of operations| Sluggish performance in North America| Robust revenue growth in three segment| Decline in cash from operating activities| Opportunities| Threats| Acquisitions Intense competition| Intense competition| Growing bottles water market| Dependence on bottling partners| Growing Hispanic population in US| Sluggish growth of carbonated beverages| Strengths. World’s leading brand: The Company owns four of the top five soft drink in the world: Coca – Cola, Diet Coke, Sprite and Fanta. Strong brands allow the company to introduce brand extensions such as Vanilla Coke, Cherry Coke and Coke with Lemon. Over the years, the company has made large investments in brands promotions. Consequently, Coca – Cola is one of the best recognized global brands. The company’s strong brand value facilitates customer recall and allows Coca – Cola to penetrate new markets and consolidate existing ones. Large scale of operations: With revenues is excess of 24 billion dollars Coca – Cola has a large scale of operation. Of the approximately 52 billon beverage servings of all types consumed worldwide every day, beverages bearing trademarks owned by or licensed to Coca – Cola account for more than 1. 4 billion. The company’s operations are supported by a strong infrastructure across the world. Coca – Cola owns and operates 32 principal beverage concentrates and/or syrups manufacturing plants located throughout the world. In addition, it owns or has interest in 37 operations with 95 principal beverage bottling and canning plants in the US. The company also owns bottled water production and still beverage facilities as well as a facility that manufactures juice concentrates. The company’s large scale of operation allows it to feed upcoming markets with relative ease and enhances its revenue generation capacity. Robust revenue growth in three segments: Coca – Cola revenues recorded a double digit growth, in tree operating segments. These tree segments are Latin America, East/South Asia, and Pacific Rim and Bottling investments. Revenues from Latin America grew by 20,4% during 2007, over 2006. During the same period, revenues from East/South Asia and Pacific Rim grew by 10. 6 % while revenues from the bottling investments segment by 19. 9%. Together, the three segments of Latin America, East/South Asia and Pacific Rim and Bottling investments, accounted for 34. 8% of total revenues during 2007. Robust revenues growth rates in these segments contributed to top-line growth for Coca – Cola during 2007. Weaknesses. Negative publicity: The company received negative publicity in India during September 2006. The company was accused by the Center of Science and Environment (CSE) of selling products containing pesticide residue. These pesticides included chemicals witch could cause cancer, damage to the nervous and reproductive systems and reduce bone menial density. Such negative publicity could adversely impact the company’s brand image and the demand for Coca- Cola products. Sluggish performance in North America: Coca – Cola’s performance in North America was far from robust. North America is Coca – Cola’s core market generating about 30 % of total revenues during 2007. Therefore, a strong performance in North America is important for the company. Sluggish performance in North America could impact the company’s future growth prospects and prevent Coca – Cola from recording a more robust top-line growth. Decline in cash from operating activities: Cash flows from operating activities decreased 7% in 2008 compared to 2007. Decline in cash from operating activities reduces availability of funds for the company’s investing and financing activities, which, in turn, increases the company’s exposure to debt markets and fluctuating interest rates. Opportunities. Acquisitions: Strong international operations increase the company’s capacity to penetrate international markets and also gives it an opportunity to diversity its revenue stream. Coca – Cola made acquisitions in Australia, New Zealand, Germany, and China for the last 3 years. These acquisitions strengthened Coca – Cola international operations. It gives Coca – Cola an opportunity for growth, through new product launch or greater penetration of existing markets. Growing bottled water market: Bottled water is one of the fastest – growing segments in the world’s food and beverage market owing to increasing health concerns. The market for bottled water in the US is forecast to reach revenues of about 19. 3 billion dollars by the end of 2010. The company’s Dasani brand water is the 3rd best-selling bottled water in US. Coca – Cola could leverage its strong position in the bottled water segment to take advantage of growing demand for flavored water. Growing Hispanic population in US: Hispanics are growing rapidly in number and economic power. As a result, they have become more important to markets than ever before. The company can benefit from an expanding Hispanic population in the US, which would translate into higher consumption of Coca – Cola products and higher revenues for the company. Threats. Intense competition: Intense competition Coca – Cola competes in the nonalcoholic beverages of the commercial industry. The company faces intense competition in various markets from regional as well as global players. Also, the company faces competition from various juice drinks and nectars. In many of the countries in which Coca – Cola operates, including the US, PepsiCo in one of the company’s primary competitor. (Other significant competitors include Nestle, Cadbury/Schweppes, Group DANONE and Kraft Foods. ) Competitive factors impacting the company’s business include pricing, advertising, sales promotion programs, product innovation. And brand and trademark development and protection. Intense competition could impact Coca – Cola market share and revenue growth rates. Dependence on bottling partners: Coca – Cola generates most of its revenues by selling concentrates and syrups to bottlers in whom it doesn’t have any ownership interest or in which it has no controlling ownership. Loss one or more of customers by any one of its major bottling partners could indirectly affect Coca – Cola business results. Such dependence on third parties is a weak link in Coca – Cola’s operations and increases the company’s business risks. Sluggish growth of carbonated beverages: US consumers have started to look for greater variety in their drinks and are becoming increasingly health conscious. This led to a decrease in the consumption of carbonated and other sweetened beverages in the US. The performance of the market is forecast to decelerate, with an anticipation compound annual rate of change of -0. 3% for the five-year period 2005-2010 expected to drive the market to a value of 62. 9 billion dollars by the end of 2010. Coca – Colas revenue could be adversely affected by a slowdown in the US carbonated beverage market. PepsiCo. In 2009 PepsiCo estimated that its annual retail sales had reached $92 billion, offering over 100 brands around the globe. The main cash cow of PepsiCo of course being the Pepsi carbonated drink that owned 10% of the US beverage market in 2008. PepsiCo offers the world’s largest portfolio of billion-dollar food and beverage brands, including 19 different product lines that each generates more than $1 billion in annual retail sales. PepsiCo mains businesses – Frito-Lay, Quaker, Pepsi-Cola, Tropicana and Gatorade – also make hundreds of other nourishing, foods and drinks. Strengths| Weaknesses| Strong core brand | Concentrated in North America . Strong market position | Health Craze will hurt soft drink | Solid brand portfolio | Negative publicity| | Strong revenue growth | | Economies of scale | | Opportunities| Threats| Food division expansion| Sluggish growth of carbonated drinks | Hispanic growth in the US | Competition with Coca-Cola & others| Bottled water growth | Declining economy/recession | Growing consumer health consciousness | | Cadbury Schweppes/Dr. Pepper Snapple. Dr Pepper Snapple Group Inc. (formerly Cadbury Schweppes Americas Beverages) is an American soft beverages drink company, which was spun off from Britain’s Cadbury Schweppes. Company manufactures, markets and distributes more than 50 brands of carbonated soft drinks, juices, ready-to-drink teas, mixers and other premium beverages across the United States, Canada, Mexico and the Caribbean. Our diverse portfolio includes Dr Pepper, Snapple, 7UP, Mott’s, A&W, Sunkist Soda, Canada Dry, Hawaiian Punch, Schweppes, Penafiel, Squirt, Clamato, Mr & Mrs T Mixers, Rose’s, Yoo-hoo and other consumer favorites. Most of the brands in this segment are CSD brands. In 2009, our Beverage Concentrates segment had net sales of approximately $1. 1 billion. Strengths| Weaknesses| Strong portfolio, consumer-preferred brands| Weak performance in Asian Market| Integrated business model| A substantial amount of outstanding debt| Strong customer relationships| | Strong operating margins and stable cash flows| | Opportunities| Threats| New distribution channels in a market| Changing consumer tastes| Growing consumer health consciousness | Operating in highly competitive markets| Focus on opportunities in high growth and high margin categories| Depend on the 3rd party bottling and distribution companies | Cott Corporation. Cott Corp is one of the leading non-alcoholic beverage companies and retailer brand soft drink providers. The company primarily operates in the US, Canada, the UK and Mexico. It is headquartered in Toronto, Canada and employs 2,803 people. The company recorded revenues of $1,648. 1 million during the financial year ended December 2009, a decrease of 7. 2% compared to 2008. The operating loss of the company was $113 million during 2009, compared to the operating loss of $54. 5 million in 2008. The net loss was $122. 8 million in 2009, compared to the net loss of $71. 4 million in 2008. Strengths| Weaknesses| Leading Producer of Retailer Brand Beverages with Diverse Product Portfolio | Unable to compete successfully in the highly competitive beverage category. | Extensive, Flexible Manufacturing Capabilities | May not be able to respond successfully to consumer trends | | significant amount of outstanding debt| Opportunities| Threats| New distribution channels in a market| Changing consumer tastes| Growing consumer health consciousness | Intense competition| Focus on opportunities in high growth and high margin categories| | National Beverage Corp. National Beverage develops, manufactures, markets and distributes a portfolio of beverage products throughout the US. The company develops and sells a selection of flavored soft drinks, juices, sparkling waters and energy drinks. It is headquartered in Fort Lauderdale, Florida and employed about 1,300 people. The company recorded revenues of $566 million during fiscal year ending April 2008, an increase of 5% over 2007. The increase in revenue was due to 9% growth in case volume of energy drinks, juices, and waters. The operating profit of the company was $172. 6 million during 2008, a decrease of 0. 4% compared with 2007. The net profit was $22. 5 million in 2008, decrease of 8. 9% compared with 2007. Strengths| Weaknesses| Extensive Brand Portfolio| Geographic concentration| | Declining Profits| Opportunities| Threats| Focus on Asia Pacific Market| Limitations on Commercialization of Alcoholic Products| Rise in Demand for bottled Water in the US| Riding Input Costs| Change in Consumer Preferences| Intense Competitive Pressures| Company’s key success factors within the soft drink industry. Key factors for competitive success within the soft drink industry branch from the trends of the microenvironment. Primarily, constant product innovation is imperative. A company must be able to recognize consumer wants and needs, while maintaining the ability to adjust with the changing market. They must keep up with the changing trends. Another key factor is the size of the organization, especially in terms of market share. Large distributors have the ability to negotiate with stadiums, universities and school systems, making them the exclusive supplier for a specified period of time. Additionally, they have the ability to commit to mass purchases that significantly lower their costs. They must implement effective distribution channels to remain competitive. Taste of the product is also a key factor for success. Moreover, established brand loyalty is a large aspect of the soft drink industry. Many consumers of carbonated beverages are extremely dedicated to a particular product, and rarely purchase other varieties. This stresses the importance of developing and maintaining a superior brand image. Price, however, is also a key factor because consumers without a strong brand preference will select the product with the most competitive price. Finally, global expansion is a vital factor in the success of a company within the soft drink industry. The United States has reached relative market saturation, requiring movement into the global industry to maintain growth. Soft drink industry main characteristics, trends and changes. Soft drinks are an integral part of American life and culture and soft drinks have been produced or consumed in nearly every corner of the world. The industry is lucrative with a potential for high profits, but there are several obstacles to overcome in order to capture the market share. Growing consumption trends can be attributed to rising disposable incomes, falling trade barriers, universal product acceptance, and a rising demand for American consumer goods. It would be very difficult for a new company to enter this industry because they would not be able to compete with the established brand names, distribution channels, and high capital investment. Likewise, leaving this industry would be difficult with the significant loss of money from the fixed costs, binding contracts with distribution channels, and advertisements used to create the strong brand images. This industry is well established already, and it would be difficult for any company to enter or exit successfully. The carbonated beverage industry is a highly competitive global industry, and has some characteristics of an oligopoly in the US. Three leading companies have prominent presence in the soft drink industry. The leaders include the Coca-Cola Company, PepsiCo, and Cadbury Schweppes. Leader companies have to hold the highest percentage of the global market share; therefore, companies need to be able to compete globally in order to be successful. Profitability in the soft drink industry will remain rather solid, but market saturation especially.