A Horror Show at the Cinemaplex Essay Example

A Horror Show at the Cinemaplex Essay Assignment: Based on the instance The Movie Exhibition Industry 2013 in the McGraw Hill article, answer the undermentioned inquiries utilizing constructs and models we have discussed in category. Answers should be completed in a short five page write-up utilizing the templets provided below. Short replies / slugs are acceptable ; nevertheless, you must include some degree of item / information sing the tendencies and analysis you are including independent of the slug points. The difficult transcript write-up is due by the start of category on February 25th. We will be holding a treatment based on this assignment in category. It would be helpful if each group member had a transcript of the finished assignment in forepart of him/her. Please supply a screen page that includes the Assignment name, Mgmt 478 , Section figure ( 006, 007, 008, 300 ) and the group members’ names. The cover sheet is the lone page that includes this information. Besides each page must hold a page figure. All pages must hold a basic. Failure to follow any of these arranging issues will incur a class punishment. All words must be spelled right and all sentences must hold right grammar. 1a ) Perform a general environment analysis. What are the relevant tendencies in the environment that are impacting the film industry by the 5 sections listed below? Demographic We will write a custom essay sample on A Horror Show at the Cinemaplex specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on A Horror Show at the Cinemaplex specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on A Horror Show at the Cinemaplex specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Socio-cultural Economic Technological Political / Legal 1b ) What are the biggest chances and menaces in the industry? ( Pick no more than 2 of each and lucubrate in 3-4 sentences ) 2 ) Based on an analysis you complete, is the film exhibition industry an attractive and profitable industry in which to take part? ( After finishing the templet, include a short 2-3 sentence appraisal of overall attraction ) . Ensure that you are specific with your analyses of menaces ( e.g. high capital demands is non plenty, for what would capital demands be high? ) Industry Definition: Movie exhibitioners Force Who / What are they? Analysis of Threat ( Use ( + ) to bespeak adds to the menace, ( ) indicates decreases menace – e.g. high capital demands would be a ( – ) for possible new entrants ) Degree of Threat ( High / Medium / Low ) Potential Entrants Substitutes Dickering Power of Suppliers Dickering Power of Buyers Internal Rivalry Overall Profitability of the Incumbents Overall Attractiveness to Entrants ( Barriers to Entry )

Wind and Solar Energy

Wind and Solar Energy Introduction There is an urgent need for dependable, efficient and low-cost energy to alleviate problems of energy insecurity as well as environmental pollution. For example, Jacobson and Masters (2001) proposed that the U.S. could meet its Kyoto Protocol obligations for decreasing carbon dioxide discharges by substituting 60% of its coal production plants with wind energy turbines to supplement the country’s energy requirements (p.1438).Advertising We will write a custom research paper sample on Wind and Solar Energy specifically for you for only $16.05 $11/page Learn More Fthenakis, Mason and Zweibel (2009) also examined the economical, geographical and technical viability of solar power to supplement the energy requirements of the U.S. and concluded that it was possible to substitute the current fossil fuel energy infrastructure with solar energy in order to decrease carbon emissions to internationally accepted levels (p.397). There is no doubt tha t efforts to adopt renewable, effective and low-cost energy options have attracted global attention. Consequently, this paper will compare two forms renewable energy (wind and solar energy) in terms of cost, efficiency, energy produced, resources needed, environmental impact and maintenance. Wind Turbine Energy Technology Wind turbines usually convert wind energy into electricity. Generally, a gearbox rotates the turbine rotor into fast-rotating gears that eventually transform mechanical energy into electricity in a generator. Although a number of current turbines are gearless and less proficient, they are nonetheless useful when installed in buildings or residential homes (Jacobson Delucchi, 2011, p.1157). Solar Energy Technology Solar photo-voltaics (PVs) refers to groups of cells with silicon materials that transform solar radiation into electricity. As of now, solar PVs are utilized in several different applications, ranging from residential home power generation to medium-scal e use. On the other hand, concentrated solar power (CSP) systems utilize reflective lenses or mirrors to focus sunbeams on a liquid to warm it to a high temperature. The heated liquid runs from the collector to a heat engine in which a part of the heat is transformed into electricity. There are various forms of CSP systems that permit the heat to be stocked up for several hours to facilitate production of electricity at night (Jacobson Delucchi, 2011, p.1157). Cost, Efficiency and Energy Produced via Wind and Solar Technology Figure 1(see appendix) provides the projected amount of power available globally from renewable energy with respect to raw resources available in high-energy regions. It is worth mentioning that these resources can plausibly be mined in the near future given the location as well as the low extraction costs involved.Advertising Looking for research paper on natural sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn M ore Figure 1 demonstrates that only wind and solar energy can provide adequate power to meet global energy demands. For example, wind in developable regions can satisfy global energy demands up to about 4 times over while areas with solar energy potential can meet global demands by over 18 times over (Jacobson Delucchi, 2011, p.1159). Figure 2 illustrates a model of wind resources at 100m in the hub height range of wind turbines. The global wind energy potential (available over the world’s ocean surface and land at 100m assuming that all wind at speeds is utilized to power wind turbines) has been estimated at 1700 TW. About half of this wind energy (1700 TW) is found in areas that can be extracted feasibly and efficiently (Jacobson Delucchi, 2011, p.1159). Resources Required for Wind and Solar Systems Jacobson and Delucchi (2011) estimate that both solar and wind make up 90% of the future energy supply on the basis of their relative availability (p.1160). Solar PV i s split into 70% power-plant and 30% rooftop on the basis of an assessment of the expected available rooftop area. Rooftop PV has three main benefits: it does not need new land surface; it can be incorporated into a hybrid solar infrastructure that generate electricity, light and heat for onsite use; and it neither requires an electricity transmission nor distribution infrastructure. The authors suggests that approximately 90,000 solar power plants and about 4 million wind turbines are required to satisfy global energy demands (Jacobson Delucchi, 2011, p.1160). The material required for wind turbine energy include: carbon-filament reinforced plastic (for rotor blades); glass-fiber reinforced plastic (for rotor blades); wood epoxy (rotor blades); aluminum (for nacelles); magnetic materials (for gearboxes); pre-stressed concrete (for towers); and steel materials (for rotors, nacelles, towers, etc). It is worth mentioning that most of these resources are available in abundance supply. For instance, the main components of concrete (i.e. limestone, sand, and gravel) are extensively available at lower costs and can be re-used (Jacobson Delucchi, 2011, p.1161). On the other hand, the required resources for solar PVs include: copper indium sulfide/selenide; cadmium telluride; micro-crystalline silicon; polycrystalline silicon; and amorphous silicon. Nonetheless, it is important to note that the power generated via silicon PV technologies is constrained by the limited availability of silver materials which are utilized as electrodes (Jacobson Delucchi, 2011, p.1162). Nevertheless, given that most of resources required for the installation of renewable energy plants are in abundance supply, both wind and solar energy technologies provide low-cost, environmental-friendly and efficient energy options to meet global demand.Advertising We will write a custom research paper sample on Wind and Solar Energy specifically for you for only $16.05 $11/page Lea rn More References Fthenakis, V., Mason, J., Zweibel, K. (2009). The technical, geographical, and economic feasibility of solar energy to supply the energy needs of the US. Energy Policy, 37, 387–399. Jacobson, M., Delucchi, M. (2011). Providing all global energy with wind, water, and solar, Part I: Technologies, energy resources, quantities and areas of infrastructures, and materials. Energy Policy, 39, 1154-1169. Jacobson, M., Masters, G. (2001). Exploiting wind versus coal. Science, 293, 1438. Appendix Figure 1: Power available in energy resource worldwide if the energy is used in conversion devises, in locations where the energy resource is high, in likely-developable locations, and in delivered electricity (for wind and solar energy) Energy Technology Power worldwide (TW) Power in high-energy locations (TW) Power in likely developable Locations (TW) Current power produced as electricity (TW) Wind 1700a 72-170b 40-85c 0.02 Solar PV 6500d 1300e 340 0.001 3 CSP 4600 920 240 0.00046 Source: Jacobson Delucchi (2011). a Comprises of all wind speeds at 100m over ocean and land b Locations over land or near the coast where the mean wind speed ≠¥7m/s at 80m and at 100m.Advertising Looking for research paper on natural sciences? Let's see if we can help you! Get your first paper with 15% OFF Learn More c Eliminating remote locations d Assuming 160 W panels are used over latitudes, land, and ocean. e Same as (d) but locations over land between 50S and 50N. Figure 2 Source: Jacobson Delucchi (2011).

Prepare a report for a company of your choice for the next one and Assignment

Prepare a report for a company of your choice for the next one and three years . The plan should include the following sections - Assignment Example The Mercedes Benz is too expensive to buy in the current economic conditions. The technological outlook of the industry is challenging while, the buyer power is also higher. Additionally, suppliers are executing their substantial level on companies and the barriers of entry and exit are also believed to be substantially powerful. The modifying economic conditions of the world are warranting the companies to balance out differentiation and cost effectiveness so that Mercedes can be sold in emergent markets of the world. A Business Plan for Mercedes Benz: A Changing Paradigm Introduction The Mercedes is considered one of the most expensive brands in the modern array of cars and vehicles. The company is historically targeting elite class of the world in order to generate sales for the past number of decades. However, the economic recession and depression in advanced parts of the world has seriously influenced the business of the featured company. The focal shift in the direction of emer ging market also caused the sales of the product to drop significantly. The developing regions of the globe do not have sufficient buying power needed to purchase luxurious rides in which the company specializes. However, a strategic modification is required in order to cater changing consumer preferences and behaviors in the global arena of the commerce (Kotler, Keller, Brady, Goodman, & Hensen, 2009). The company needs to develop a strategy to disseminate the benefit of long term belief that Mercedes is a brand that is reserved for an elite class of the world. Nevertheless, the per capita income in all over the globe is declining and the sense of harmony and equality is going to prevail in a few years from now. The idea of economic supremacy is going to be word of past in the future. The product with the brand name of Mercedes has finally lost its appeal because nowadays nobody is fortunate enough to afford it to say the least. The subunits of the companies that were hugely lucrat ive in the past were recently closed down as a response of insufficient demand (Baker & Hart, 2007). The latest closure took place in the English economy because the demand was not enough to house a local production unit. The changing economic paradigm has forced the people of all nations to become price sensitive as the level of disposable income is declining in all regions (Lindstrom, 2008). Vision and Mission Statement of the Company â€Å"A pioneering spirit and power of innovation for sustainable mobility. For almost 125 years we have been developing answers to the automotive challenges of the respective eras. As the inventors of the automobile, we are equally committed to protection of the climate and the environment and to the safety of our vehicles and accident prevention. Our customers - and all other road users - throughout the world can put their trust in this commitment† (Hashmi & Biesebroeck, 2013). The vision statement of the company is always considered as an a ttempt to talk to the future and give a direction to the company. The vision statement in every case must define the core values of the company for that it stands. Secondly, it is of great importance to keep on modifying the statement according to the changing environment of the industry. The featured

Tell us about a time when you failed. How did you react What, if Personal Statement

Tell us about a time when you failed. How did you react What, if anything, did you learn - Personal Statement Example I was absent for a week in October. This put me behind in all of my studies. I found that all my grades had slipped to low Cs. My Algebra II class was also a struggle. My teacher was from Africa. This was his first math class in the United States. His teaching style did not reach me or many of my fellow students. I was determined to get back on track. My determination raised my grades to Bs, except in Algebra II, by December. At the end of the year I received two Bs and As in the rest of my classes. The lesson I learned was to not exceed my limitations. My other classmates might be able to double up, but I needed to focus on quality not quantity. I also learned life does not always go as planned. If I had not contracted the Swine Flu or had a math teacher from Africa, I might have made straight As. However, I did have the Swine Flu and a teacher from Africa. It is important to not over extend myself. I do not regret my sophomore year. That year I pushed myself beyond my limitations. Although I see it as a failure due to my grades, the lesson learned was well worth the experience. I now focus on the quality of my work instead of over extending

In the News Essay Example | Topics and Well Written Essays - 250 words

In the News - Essay Example The article argues that this trend will continue to grow in future as interest of the people in the internet is expected to increase in coming years. Ad tracking companies attempt to increase the experience of the viewers and this is the main reason why they are expected to do good in future. The article also forecasts that in future customers will be targeted with more relevant and quality advertisements. The material discussed in the article is both important and relevant to course content. Internet advertisement has become an important area of advertisement. Gone are the days when managers had to worry about print and television media only. Digital media and social media is an all new territory for managers and today they have to focus more on such media in order to achieve their sales target. This is why the article is completely related to the course content and in also important for future managers. The article has great managerial implications for future marketers. The growth of internet marketing tells managers what audiences are interested in. Managers should focus more on the digital media than any other media in order to attract audiences because this is where the future

Three Major Issues Faced By Companies Going Overseas Marketing Essay

Three Major Issues Faced By Companies Going Overseas Marketing Essay The chapter begins by looking at the concept of market entry strategies within the control of a chosen marketing mix. It then goes on to describe the different forms of entry strategy, both direct and indirect exporting and foreign production, and the advantages and disadvantages connected with each method. The chapter gives specific details on countertrade, which is very prevalent in global marketing, and then concludes by looking at the special features of commodity trading with its close coupling between production and marketing. Basic issues An organisation wishing to go international faces three major issues: i) Marketing which countries, which segments, how to manage and implement marketing effort, how to enter with intermediaries or directly, with what information? ii) Sourcing whether to obtain products, make or buy? iii) Investment and control joint venture, global partner, acquisition? Decisions in the marketing area focus on the value chain (see figure 7.1). The strategy or entry alternatives must ensure that the necessary value chain activities are performed and integrated. Table 7.1 Examples of elements included in the export marketing mix 1. Product support Product sourcing Match existing products to markets air, sea, rail, road, freight New products Product management Product testing Manufacturing specifications Labelling Packaging Production control Market information 2. Price support Establishment of prices Discounts Distribution and maintenance of pricelists Competitive information Training of agents/customers 3. Promotion/selling support Advertising Promotion literature Direct mail Exhibitions, trade shows Printing Selling (direct) Sales force Agents commissions Sale or returns 4. Inventory support Inventory management Warehousing Distribution Parts supply Credit authorisation 5. Distribution support Funds provision Raising of capital Order processing Export preparation and documentation Freight forwarding Insurance Arbitration 6. Service support Market information/intelligence Quotes processing Technical aid assistance After sales Guarantees Warranties/claims Merchandising Sales reports, catalogues literature Customer care Budgets Data processing systems Insurance Tax services Legal services Translation 7. Financial support Billing, collecting invoices Hire, rentals Planning, scheduling budget data Auditing Details on the sourcing element have already been covered in the chapter on competitive analysis and strategy. Concerning investment and control, the question really is how far the company wishes to control its own fate. The degree of risk involved, attitudes and the ability to achieve objectives in the target markets are important facets in the decision on whether to license, joint venture or get involved in direct investment. Cunningham1 (1986) identified five strategies used by firms for entry into new foreign markets: i) Technical innovation strategy perceived and demonstrable superior products ii) Product adaptation strategy modifications to existing products iii) Availability and security strategy overcome transport risks by countering perceived risks iv) Low price strategy penetration price and, v) Total adaptation and conformity strategy foreign producer gives a straight copy. In marketing products from less developed countries to developed countries point iii) poses major problems. Buyers in the interested foreign country are usually very careful as they perceive transport, currency, quality and quantity problems. This is true, say, in the export of cotton and other commodities. Because, in most agricultural commodities, production and marketing are interlinked, the infrastructure, information and other resources required for building market entry can be enormous. Sometimes this is way beyond the scope of private organisations, so Government may get involved. It may get involved not just to support a specific commodity, but also to help the public good. Whilst the building of a new road may assist the speedy and expeditious transport of vegetables, for example, and thus aid in their marketing, the road can be put to other uses, in the drive for public good utilities. Moreover, entry strategies are often marked by lumpy investments. Huge investments may have to be undertaken, with the investor paying a high risk price, long before the full utilisation of the investment comes. Good examples of this include the building of port facilities or food processing or freezing facilities. Moreover, the equipment may not be able to be used for other processes, so the as set specific equipment, locked into a specific use, may make the owner very vulnerable to the bargaining power of raw material suppliers and product buyers who process alternative production or trading options. Zimfreeze, Zimbabwe is experiencing such problems. It built a large freezing plant for vegetables but found itself without a contract. It has been forced, at the moment, to accept sub optional volume product materials just in order to keep the plant ticking over. In building a market entry strategy, time is a crucial factor. The building of an intelligence system and creating an image through promotion takes time, effort and money. Brand names do not appear overnight. Large investments in promotion campaigns are needed. Transaction costs also are a critical factor in building up a market entry strategy and can become a high barrier to international trade. Costs include search and bargaining costs. Physical distance, language barriers, logistics costs and risk limit the direct monitoring of trade partners. Enforcement of contracts may be costly and weak legal integration between countries makes things difficult. Also, these factors are important when considering a market entry strategy. In fact these factors may be so costly and risky that Governments, rather than private individuals, often get involved in commodity systems. This can be seen in the case of the Citrus Marketing Board of Israel. With a monopoly export marketing board, the entire system can behave like a single firm, regulating the mix and quality of products going to different markets and negotiating with transporters and buyers. Whilst these Boards can experience economies of scale and absorb many of the risks listed above, they can shield producers from information about, and from. buyers. They can also become the fiefdoms of vested interests and become political in nature. They then result in giving reduced production incentives and cease to be demand or market orientated, which is detrimental to producers. Normal ways of expanding the markets are by expansion of product line, geographical development or both. It is important to note that the more the product line and/or the geographic area is expanded the greater will be the managerial complexity. New market opportunities may be made available by expansion but the risks may outweigh the advantages, in fact it may be better to concentrate on a few geographic areas and do things well. This is typical of the horticultural industry of Kenya and Zimbabwe. Traditionally these have concentrated on European markets where the markets are well known. Ways to concentrate include concentrating on geographic areas, reducing operational variety (more standard products) or making the organisational form more appropriate. In the latter the attempt is made to globalise the offering and the organisation to match it. This is true of organisations like Coca Cola and MacDonalds. Global strategies include country centred strategies (highly decentralised and limited international coordination), local market approaches (the marketing mix developed with the specific local (foreign) market in mind) or the lead market approach (develop a market which will be a best predictor of other markets). Global approaches give economies of scale and the sharing of costs and risks between markets. Entry strategies There are a variety of ways in which organisations can enter foreign markets. The three main ways are by direct or indirect export or production in a foreign country (see figure 7.2). Exporting Exporting is the most traditional and well established form of operating in foreign markets. Exporting can be defined as the marketing of goods produced in one country into another. Whilst no direct manufacturing is required in an overseas country, significant investments in marketing are required. The tendency may be not to obtain as much detailed marketing information as compared to manufacturing in marketing country; however, this does not negate the need for a detailed marketing strategy. The advantages of exporting are:  · manufacturing is home based thus, it is less risky than overseas based  · gives an opportunity to learn overseas markets before investing in bricks and mortar  · reduces the potential risks of operating overseas. The disadvantage is mainly that one can be at the mercy of overseas agents and so the lack of control has to be weighed against the advantages. For example, in the exporting of African horticultural products, the agents and Dutch flower auctions are in a position to dictate to producers. A distinction has to be drawn between passive and aggressive exporting. A passive exporter awaits orders or comes across them by chance; an aggressive exporter develops marketing strategies which provide a broad and clear picture of what the firm intends to do in the foreign market. Pavord and Bogart2 (1975) found significant differences with regard to the severity of exporting problems in motivating pressures between seekers and non-seekers of export opportunities. They distinguished between firms whose marketing efforts were characterized by no activity, minor activity and aggressive activity. Those firms who are aggressive have clearly defined plans and strategy, including product, price, promotion, distribution and research elements. Passiveness versus aggressiveness depends on the motivation to export. In countries like Tanzania and Zambia, which have embarked on structural adjustment programmes, organisations are being encouraged to export, motivated by foreign exchange earnings potential, saturated domestic markets, growth and expansion objectives, and the need to repay debts incurred by the borrowings to finance the programmes. The type of export response is dependent on how the pressures are perceived by the decision maker. Piercy (1982)3 highlights the fact that the degree of involvement in foreign operations depends on endogenous versus exogenous motivating factors, that is, whether the motivations were as a result of active or aggressive behaviour based on the firms internal situation (endogenous) or as a result of reactive environmental changes (exogenous). If the firm achieves initial success at exporting quickly all to the good, but the risks of failure in the early stages are high. The learning effect in exporting is usually very quick. The key is to learn how to minimise risks associated with the initial stages of market entry and commitment this process of incremental involvement is called creeping commitment (see figure 7.3). Exporting methods include direct or indirect export. In direct exporting the organisation may use an agent, distributor, or overseas subsidiary, or act via a Government agency. In effect, the Grain Marketing Board in Zimbabwe, being commercialised but still having Government control, is a Government agency. The Government, via the Board, are the only permitted maize exporters. Bodies like the Horticultural Crops Development Authority (HCDA) in Kenya may be merely a promotional body, dealing with advertising, information flows and so on, or it may be active in exporting itself, particularly giving approval (like HCDA does) to all export documents. In direct exporting the major problem is that of market information. The exporters task is to choose a market, find a representative or agent, set up the physical distribution and documentation, promote and price the product. Control, or the lack of it, is a major problem which often results in decisions on pricing, certification and promoti on being in the hands of others. Certainly, the phytosanitary requirements in Europe for horticultural produce sourced in Africa are getting very demanding. Similarly, exporters are price takers as produce is sourced also from the Caribbean and Eastern countries. In the months June to September, Europe is on season because it can grow its own produce, so prices are low. As such, producers are better supplying to local food processors. In the European winter prices are much better, but product competition remains. According to Collett4 (1991)) exporting requires a partnership between exporter, importer, government and transport. Without these four coordinating activities the risk of failure is increased. Contracts between buyer and seller are a must. Forwarders and agents can play a vital role in the logistics procedures such as booking air space and arranging documentation. A typical coordinated marketing channel for the export of Kenyan horticultural produce is given in figure 7.4. In this case the exporters can also be growers and in the low season both these and other exporters may send produce to food processors which is also exported. Figure 7.4 The export marketing channel for Kenyan horticultural products. Exporting can be very lucrative, especially if it is of high value added produce. For example in 1992/93 Zimbabwe exported 5 338,38 tonnes of flowers, 4 678,18 tonnes of horticultural produce and 12 000 tonnes of citrus at a total value of about US$ 22 016,56 million. In some cases a mixture of direct and indirect exporting may be achieved with mixed results. For example, the Grain Marketing Board of Zimbabwe may export grain directly to Zambia, or may sell it to a relief agency like the United Nations, for feeding the Mozambican refugees in Malawi. Payment arrangements may be different for the two transactions. Nali products of Malawi gives an interesting example of a passive to active exporting mode. CASE 7.1 Nali Producers Malawi Nali group, has, since the early 1970s, been engaged in the growing and exporting of spices. Spices are also used in the production of a variety of sauces for both the local and export market. Its major success has been the growing and exporting of Birdseye chilies. In the early days knowledge of the market was scanty and thus the company was obtaining ridiculously low prices. Towards the end of 1978 Nali chilies were in great demand, yet still the company, in its passive mode, did not fully appreciate the competitive implications of the business until a number of firms, including Lonrho and Press Farming, started to grow and export. Again, due to the lack of information, a product of its passivity, the firm did not realise that Uganda, with their superior product, and Papua New Guinea were major exporters, However, the full potential of these countries was hampered by internal difficulties. Nali was able to grow into a successful commercial enterprise. However, with the end of the internal problems, Uganda in particular, began an aggressive exporting policy, using their overseas legations as commercial propagandists. Nali had to respond with a more formal and active marketing operation. However it is being now hampered by a number of important exogenous factors. The entry of a number of new Malawian growers, with inferior products, has damaged the Malawian chili reputation, so has the lack of a clear Government policy and the lack of financing for traders, growers and exporters. The latter only serves to emphasise the point made by Collett, not only do organisations need to be aggressive, they also need to enlist the support of Government and importers. It is interesting to note that Korey (1986) warns that direct modes of market entry may be less and less available in the future. Growing trading blocs like the EU or EFTA means that the establishing of subsidiaries may be one of the only means forward in future. It is interesting to note that Korey5 1986 warned that direct modes of market entry may be less and less available in the future. Growing trading blocks like the EU or EFTA means that the establishment of subsidiaries may be one of the only ways forward in future. Indirect methods of exporting include the use of trading companies (very much used for commodities like cotton, soya, cocoa), export management companies, piggybacking and countertrade. Indirect methods offer a number of advantages including:  · Contracts in the operating market or worldwide  · Commission sates give high motivation (not necessarily loyalty)  · Manufacturer/exporter needs little expertise  · Credit acceptance takes burden from manufacturer. Piggybacking Piggybacking is an interesting development. The method means that organisations with little exporting skill may use the services of one that has. Another form is the consolidation of orders by a number of companies in order to take advantage of bulk buying. Normally these would be geographically adjacent or able to be served, say, on an air route. The fertilizer manufacturers of Zimbabwe, for example, could piggyback with the South Africans who both import potassium from outside their respective countries. Countertrade By far the largest indirect method of exporting is countertrade. Competitive intensity means more and more investment in marketing. In this situation the organisation may expand operations by operating in markets where competition is less intense but currency based exchange is not possible. Also, countries may wish to trade in spite of the degree of competition, but currency again is a problem. Countertrade can also be used to stimulate home industries or where raw materials are in short supply. It can, also, give a basis for reciprocal trade. Estimates vary, but countertrade accounts for about 20-30% of world trade, involving some 90 nations and between US $100-150 billion in value. The UN defines countertrade as commercial transactions in which provisions are made, in one of a series of related contracts, for payment by deliveries of goods and/or services in addition to, or in place of, financial settlement. Countertrade is the modem form of barter, except contracts are not legal and it is not covered by GATT. It can be used to circumvent import quotas. Countertrade can take many forms. Basically two separate contracts are involved, one for the delivery of and payment for the goods supplied and the other for the purchase of and payment for the goods imported. The performance of one contract is not contingent on the other although the seller is in effect accepting products and services from the importing country in partial or total settlement for his exports. There is a broad agreement that countertrade can take various forms of exchange like barter, counter purchase, switch trading and compensation (buyback). For example, in 1986 Albania began offering items like spring water, tomato juice and chrome ore in exchange for a contract to build a US $60 million fertilizer and methanol complex. Information on potential exchange can be obtained from embassies, trade missions or the EU trading desks. Barter is the direct exchange of one good for another, although valuation of respective commodities is difficult, so a currency is used to underpin the items value. Barter trade can take a number of formats. Simple barter is the least complex and oldest form of bilateral, non-monetarised trade. Often it is called straight, classical or pure barter. Barter is a direct exchange of goods and services between two parties. Shadow prices are approximated for products flowing in either direction. Generally no middlemen are involved. Usually contracts for no more than one year are concluded, however, if for longer life spans, provisions are included to handle exchange ratio fluctuations when world prices change. Closed end barter deals are modifications of straight barter in that a buyer is found for goods taken in barter before the contract is signed by the two trading parties. No money is involved and risks related to product quality are significantly reduced. Clearing account barter, also termed clearing agreements, clearing arrangements, bilateral clearing accounts or simply bilateral clearing, is where the principle is for the trades to balance without either party having to acquire hard currency. In this form of barter, each party agrees in a single contract to purchase a specified and usually equal value of goods and services. The duration of these transactions is commonly one year, although occasionally they may extend over a longer time period. The contracts value is expressed in non-convertible, clearing account units (also termed clearing dollars) that effectively represent a line of credit in the central bank of the country with no money involved. Clearing account units are universally accepted for the accounting of trade between countries and parties whose commercial relationships are based on bilateral agreements. The contract sets forth the goods to be exchanged, the rates of exchange, and the length of time for completing the transaction. Limited export or import surpluses may be accumulated by either party for short periods. Generally, after one years time, imbalances are settled by one of the following approaches: credit against the following year, acceptance of unwanted goods, payment of a previously specified penalty or payment of the difference in hard currency. Trading specialists have also initiated the practice of buying clearing dollars at a discount for the purpose of using them to purchase saleable products. In turn, the trader may forfeit a portion of the discount to sell these products for hard currency on the international market. Compared with simple barter, clearing accounts offer greater flexibility in the length of time for drawdown on the lines of credit and the types of products exchanged. Counter purchase, or buyback, is where the customer agrees to buy goods on condition that the seller buys some of the customers own products in return (compensatory products). Alternatively, if exchange is being organised at national government level then the seller agrees to purchase compensatory goods from an unrelated organisation up to a pre-specified value (offset deal). The difference between the two is that contractual obligations related to counter purchase can extend over a longer period of time and the contract requires each party to the deal to settle most or all of their account with currency or trade credits to an agreed currency value. Where the seller has no need for the item bought he may sell the produce on, usually at a discounted price, to a third party. This is called a switch deal. In the past a number of tractors have been brought into Zimbabwe from East European countries by switch deals. Compensation (buy-backs) is where the supplier agrees to take the output of the facility over a specified period of time or to a specified volume as payment. For example, an overseas company may agree to build a plant in Zambia, and output over an agreed period of time or agreed volume of produce is exported to the builder until the period has elapsed. The plant then becomes the property of Zambia. Khoury6 (1984) categorises countertrade as follows (see figure 7.5): One problem is the marketability of products received in countertrade. This problem can be reduced by the use of specialised trading companies which, for a fee ranging between 1 and 5% of the value of the transaction, will provide trade related services like transportation, marketing, financing, credit extension, etc. These are ever growing in size. Countertrade has disadvantages:  · Not covered by GATT so dumping may occur  · Quality is not of international standard so costly to the customer and trader  · Variety is tow so marketing of wkat is limited  · Difficult to set prices and service quality  · Inconsistency of delivery and specification,  · Difficult to revert to currency trading so quality may decline further and therefore product is harder to market. Figure 7.5 Classification of countertrade Shipley and Neale7 (1988) therefore suggest the following:  · Ensure the benefits outweigh the disadvantages  · Try to minimise the ratio of compensation goods to cash if possible inspect the goods for specifications  · Include all transactions and other costs involved in countertrade in the nominal value specified for the goods being sold  · Avoid the possibility of error of exploitation by first gaining a thorough understanding of the customers buying systems, regulations and politics,  · Ensure that any compensation goods received as payment are not subject to import controls. Despite these problems countertrade is likely to grow as a major indirect entry method, especially in developing countries. Foreign production Besides exporting, other market entry strategies include licensing, joint ventures, contract manufacture, ownership and participation in export processing zones or free trade zones. Licensing: Licensing is defined as the method of foreign operation whereby a firm in one country agrees to permit a company in another country to use the manufacturing, processing, trademark, know-how or some other skill provided by the licensor. It is quite similar to the franchise operation. Coca Cola is an excellent example of licensing. In Zimbabwe, United Bottlers have the licence to make Coke. Licensing involves little expense and involvement. The only cost is signing the agreement and policing its implementation. Licensing gives the following advantages:  · Good way to start in foreign operations and open the door to low risk manufacturing relationships  · Linkage of parent and receiving partner interests means both get most out of marketing effort  · Capital not tied up in foreign operation and  · Options to buy into partner exist or provision to take royalties in stock. The disadvantages are:  · Limited form of participation to length of agreement, specific product, process or trademark  · Potential returns from marketing and manufacturing may be lost  · Partner develops know-how and so licence is short  · Licensees become competitors overcome by having cross technology transfer deals and  · Requires considerable fact finding, planning, investigation and interpretation. Those who decide to license ought to keep the options open for extending market participation. This can be done through joint ventures with the licensee. Joint ventures Joint ventures can be defined as an enterprise in which two or more investors share ownership and control over property rights and operation. Joint ventures are a more extensive form of participation than either exporting or licensing. In Zimbabwe, Olivine industries has a joint venture agreement with HJ Heinz in food processing. Joint ventures give the following advantages:  · Sharing of risk and ability to combine the local in-depth knowledge with a foreign partner with know-how in technology or process  · Joint financial strength  · May be only means of entry and  · May be the source of supply for a third country. They also have disadvantages:  · Partners do not have full control of management  · May be impossible to recover capital if need be  · Disagreement on third party markets to serve and  · Partners may have different views on expected benefits. If the partners carefully map out in advance what they expect to achieve and how, then many problems can be overcome. Ownership: The most extensive form of participation is 100% ownership and this involves the greatest commitment in capital and managerial effort. The ability to communicate and control 100% may outweigh any of the disadvantages of joint ventures and licensing. However, as mentioned earlier, repatriation of earnings and capital has to be carefully monitored. The more unstable the environment the less likely is the ownership pathway an option. These forms of participation: exporting, licensing, joint ventures or ownership, are on a continuum rather than discrete and can take many formats. Anderson and Coughlan8 (1987) summarise the entry mode as a choice between company owned or controlled methods integrated channels or independent channels. Integrated channels offer the advantages of planning and control of resources, flow of information, and faster market penetration, and are a visible sign of commitment. The disadvantages are that they incur many costs (especially marketing), the risks are high, some may be more effective than others (due to culture) and in some cases their credibility amongst locals may be lower than that of controlled independents. Independent channels offer lower performance costs, risks, less capital, high local knowledge and credibility. Disadvantages include less market information flow, greater coordinating and control difficulties and motivational difficulties. In addition they may not be will ing to spend money on market development and selection of good intermediaries may be difficult as good ones are usually taken up anyway. Once in a market, companies have to decide on a strategy for expansion. One may be to concentrate on a few segments in a few countries typical are cashewnuts from Tanzania and horticultural exports from Zimbabwe and Kenya or concentrate on one country and diversify into segments. Other activities include country and market segment concentration typical of Coca Cola or Gerber baby foods, and finally country and segment diversification. Another way of looking at it is by identifying three basic business strategies: stage one international, stage two multinational (strategies correspond to ethnocentric and polycentric orientations respectively) and stage three global strategy (corresponds with geocentric orientation). The basic philosophy behind stage one is extension of programmes and products, behind stage two is decentralisation as far as possible to local operators and behind stage three is an integration which seeks to synthesize inputs from world and regional headquarters an d the country organisation. Whilst most developing countries are hardly in stage one, they have within them organisations which are in stage three. This has often led to a rebellion against the operations of multinationals, often unfounded. Export processing zones (EPZ) Whilst not

Book Report On the Lost World :: essays research papers

Book Report on "The Lost World" Characters: The main character in the book is Ian Malcolm, a middle aged mathematician and a little bit of an explorer. The man who set up the exploration, Richard Levine, is a rich and reckless yet well known adventurer who spends a lot of his time and money exploring different places around the world and helps at a middle school to give students of ideas of careers in science. Sarah Harding is a zoologist who was hired to possibly deal with some of the animals. Jack Thorne is the man who made all of the special equipment the group is taking with them and he went along to help and show everyone how to and operate most of the vehicles. Synopsis: My book is about how Richard Levine tries to and does find the InGen corporation's second dinosaur island which he had been searching for and trying to locate for years. The second island is only a few hundred miles away from the original , and they both were abandoned when a freak and tragic incident left nearly everyone on both islands dead. Not many people who knew about the second island survived so it took him a long time to find one of the old employees of InGen and get him to tell him about and the location of the island. With his information Levine made a team of five people to take to the island himself, Ian Malcolm Sarah Harding, Jack Thorne, and Eddie Carr, the top employee of Thorne. They were going to leave in two weeks when Thorne finds out that Levine has left for the island early wanting to be the first one to â€Å" officially† find it. He and the small crew of people he took with him were attacked and all but Levine were killed. He would be found later. The team left for the island soon after to try and find him. Unknown to anyone, two of Levine's students at the middle school where he helps, sneaked into the cargo of the plane and went to the island with them. His two star pupils, Kelly and Arby really wanted to go when he told them that he was going on an exploration in the Caribbean to an unknown island. Almost as soon as they got to the island Kelly and Arby were found and everyone realized that they shouldn't but were going to have to stay the whole expedition. At the time they didn't mind. They later set up base and took the Explorer they brought to look around.

The Importance of Mastering English

Assalamu’alaikum warahmatullahi wabarakatuh Good afternoon. My name is Rismadilla Ulfah. I am a student of faculty of communication. This is my second year at Bachelor and I am currently studying primary education. Ladies and Gentlemen, Before I begin my speech I would like to respect, thank and acknowledge the lord of the world, the only one Allah SWT, to given us such deeply enjoyable, particularly faith and healthy comfort, hence, we could attend here in a good situation. To our beloved prophet Muhammad SAW who has taught us knowledge in the world.He also brought us from darkness to the brightness, from stupidity to cleverness. To our lecture who has given such a great opportunity for me to stand here and let me speak out my speech in front of all friends who attend today. And also the last but no least to all of my beloved friends. Thank you for coming. Ladies and Gentlemen, In this speech I will be talking to you about the necessity and importance of mastering English. As we know, English has become the universal language since many years ago.It is because English has the most vocabulary than any other language. English upgraded about 8. 500 vocabularies per year. Up till now English has been the first or second language to people around the world. Many people realized that English has the main role to people who wants to communicate with others in other country. But unfortunately not all of us realize that we need to communicate with the world. Ladies and Gentlemen, Nowadays Indonesian participate many international events. It is cannot be done if we don’t communicate with the universal language.As a student of communication, me and all of my friends agree that English has to be mastering by people who wants to wider their space of communication. It is because the world has become more modern. Internet has created to connect each other in a different countries to feel as close as it can. Mass media and social networks also help us to find pe ople, make friends or even business partner with someone we don’t know first. But since this world has so many countries in different island with different language, we cannot efuse we need a language that could connect us to the others. If we don’t try to learn English, it is such a waste because as people we need to communicate with others. That is means if we don’t mastering English, it would limit us to stay connected to the world. Ladies and Gentlemen, Speak is all of people’s skill. There’s not a single person that cannot speak in English. Although sometimes grammar and tenses could bother us but I think, as long as your partner of conversation understand what you mean it will be alright.The main point is the message that you like to deliver is delivered clearly. But sometimes people underastimate by learning English indonesian people would not have national spirit. I think it is a shallow reason because respect our Bahasa and learning Englis h is a different occasion. As a good communicator we have to targeting who we want to receive our message to. If we are going to tell people in a same language, using Bahasa is the proper way to say it. But if we want the entire world understanding our message, English indeed the right language that we’d like to use.If we were just using Bahasa, the message definitely couldn’t be delivered well. The noise is in the wrong way of telling the message. Key of communication is language. Nothing you cannot do if you mastering the universal language, English. It will help your educational progress, carrier, or even making friends. Even some people know how to learn it in easy way such us listening to songs, watching movies or any other fun way. That will helps you to liking English even more. Nothing is too late if we try hard. Thank you for all your attention. Wassalamu’alaikum warahmatullah wabarakatuh

English Composition Writing Tips How to Make Yours Paper Truly Awesome

English Composition Writing Tips How to Make Yours Paper Truly Awesome English Composition Writing Tips: How to Make Yours Paper Truly Awesome Would you like to upgrade your English composition writing skills? If so, this composition writing guide can help. Before you begin to write the paper there is some work you will need to do ahead of time to make the process run smoothly. Begin with reading the assignment. I know that is stating the obvious, but we thought we should throw it out there as there are a great deal of assignments where this critical step is missed. Necessary Writing Exercises to Perform Beforehand Next, you can get out a notebook and begin writing. Not the actual composition, but just your thoughts about the paper. Think of it as a diary, it is for your eyes only, so write whatever you want. This is like a warm up before the big game because it gets your mind â€Å"worked out†. It also helps to spur ideas because you are writing without the constraints and requirements of the assignment in mind.   This is also a good time to try out a web diagram or cluster bubble where you place your topic or main idea in a circle in center of the paper and draw lines out to other bubbles and write ideas or observations. Later you can go back and connect related ideas with other lines or â€Å"webs†. Critical Elements: The Thesis and Outline The final thing you should do before you begin the actual writing is to draft an outline and write your thesis. This is where your diary writing will come in handy.   Use the main ideas and topic to fashion the outline. By this stage of the process you should have an idea of your thesis because you can not start writing without it. Your thesis is generally a summation of the point your essay is trying to make. The thesis should be specific and make a good topic for a discussion, in other words, an undecided issue or even a controversial point. Make Your Case Reread your thesis and consider the argument for your thesis. You will need to write about 5 paragraphs for each point your thesis makes. This is not a hard and fast rule, but a general guideline. You will need about 5 paragraphs to â€Å"prove† your thesis argument. Support Your Case Next consider your main points. You will need to substantiate your main points by using reasoning and proof. Proof may include the actions of the characters who are the subject of your book. Reasoning is your thought process or logic regarding how you formulated your main points. Remember, your thesis is your argument and you are trying to get the reader to see things your way.   If you come to this stage of writing and find that your thesis is too weak, stop and reformulate it. It is central to your essay so there must be a strong argument that you can back up. Rough Draft Revision Have someone read the rough draft and give feedback. You will need a fresh pair of eyes to see elements you may have missed. It is also a good idea to wait at least one day between the rough draft and revision, to give your mind time to marinate in the subject. This of course can only be done if time permits. Be open to making changes and consider the feedback given. Be sure to remove redundant sentences, clarify any confusing pieces and even consider eliminating the weakest points from the essay so it will be succinct and strong. Proofreading This goes without saying, but the final step should be proofreading the paper. You might also have another student proofread the paper and in exchange proofread theirs. As the saying goes, â€Å"Two heads are better than one†.

The eNotes Blog Happy 87th Birthday, HarperLee!

Happy 87th Birthday, HarperLee! Last night, I found my sixteen-year-old daughter in bed   a full hour early. In her hands was Harper Lees classic novel  To Kill a Mockingbird. I want to see what is happening with Scout. Im worried about her, she explained. My daughter, like millions of other readers, has become enthralled by the coming-of-age story of Scout Finch as she navigates the racially-charged world of Alabama in the 1930s. Yesterday, April 28, 2013, marked the 87th birthday of Harper Lee, the novels author.  To Kill a Mockingbird  was immediately popular and has sold more than 30 million copies worldwide. It was an instant critical success as well, winning the Pulitzer Prize in 1961. In 2008, Londons  The Telegraph  named  To Kill a Mockingbird  the greatest novel of all time. The novel, Lees only published work, may not have ever been.   She was struggling to make ends meet in New York, working as a ticket agent for Eastern Airlines. While in the city, she became friends with the composer and lyricist Michael Brown  and his wife, Joy. The three became very close. In December, the Browns gave Lee an astonishing gift: a years salary with a note that read, You have one year off from your job to write whatever you please. Merry Christmas. Within a year, Lee had completed the first draft of   Mockingbird.   Hot on the heels of Lees Pulitzer was the film being made of her work. The movie was released in 1962 starring Gregory Peck as Atticus Finch.  To Kill a Mockingbird  won three Oscars and was nominated for five more.  In 2003, AFI named Atticus Finch the greatest movie hero of the 20th century. Want more? How about some trivia?! Five Quotes from To Kill a Mockingbird Atticus told me to delete the adjectives and I’d have the facts. I wanted you to see what real courage is, instead of getting the idea that courage is a man with a gun in his hand. It’s when you know you’re licked before you begin but you begin anyway and you see it through no matter what. Before I can live with other folks I’ve got to live with myself. Mockingbirds don’t do one thing but make music for us to enjoy. They don’t eat up people’s gardens, don’t nest in corncribs, they don’t do one thing but sing their hearts out for us. That’s why it’s a sin to kill a mockingbird. You really never really understand a person until you consider things from his point of view†¦until you climb into his skin and walk around in it. Seven Quotes: On Reading Writing More than a simple matter of putting down words, writing is a process of self-discipline you must learn before you can call yourself a writer. There are people who write, but I think they’re quite different from people who must write. There’s no substitute for the love of language, for the beauty of an English sentence. There’s no substitute for struggling, if a struggle is needed, to make an English sentence as beautiful as it should be. I would advise anyone who aspires to a writing career, that before developing his talent he would be wise to develop a thick hide. Any writer worth his salt writes to please himself†¦It’s a self-exploratory operation that is endless. An exorcism of not necessarily his demon, but of his divine discontent. It was like being hit over the head and knocked cold. I didn’t expect the book to sell in the first place. I was hoping for a quick and merciful death at the hands of reviewers but at the same time I sort of hoped that maybe someone would like it enough to give me encouragement. Public encouragement. I hoped for a little, as I said, but I got rather a whole lot, and in some ways this was just about as frightening as the quick, merciful death I’d expected. Now, 75 years later in an abundant society where people have laptops, cell phones, iPods, and minds like empty rooms, I still plod along with books. Instant information is not for me. I prefer to search library stacks because when I work to learn something, I remember it. You must come to terms with yourself about your writing. You must not write ‘for’ something; you must not write with definite hopes of reward. (Source). Still want more Test your knowledge of Harper Lee or her classic novel!   Take our fun, interactive quizzes! To Kill a Mockingbird Quiz   Harper Lee Quiz

REL201 New Testament Essay Example | Topics and Well Written Essays - 500 words

REL201 New Testament - Essay Example In considering the setting, all of Jesus’ disciples were gathered around him and Jesus recites the Beatitudes to draw them together, to emphasize with their suffering, and to show the path that he is teaching in words wrapped in enigma. The wisdom of the Sermon of the Mount is considered to be the heart of Christianity and from the first prayer Jesus is exalting the virtues of the poor, the humble, and the righteous who suffer through worldly problems, attacks, and discrimination to follow him and hear his message. If his followers feel poor or excluded from the society of the Jews or the Imperialist of Rome, he fills them with hope and takes their worries from them as an initial gift. This is just one example of the way that Jesus filled his followers and disciples with hope and gave them strength to endure their trials. Looking deeper into the passage, Jesus states that the meek are blessed, and this is a consistent theme of his ministry, the respect and love for the poor.

Surrealism in American Film Essay Example | Topics and Well Written Essays - 3000 words

Surrealism in American Film - Essay Example The essay "Surrealism in American Film" discusses the American film and surrealism. Three American films are good examples of surrealism in the American Cinema. Eternal Sunshine of the Spotless Mind (2004) by Michel Gondry, Blue Velvet (1986) by David Lynch, and Spellbound (1945) by Alfred Hitchcock all draw upon the cultural movement of Surrealism in order to create their works. Eternal Sunshine of the Spotless Mind (2004) was written by Charlie Kaufman, well known for his surrealist concepts. David Lynch, who wrote and directed Blue Velvet (1986), is also a well known surrealist who has dealt at length with the theme of the illusory nature of reality. Alfred Hitchcock, whose talents for creating suspenseful films that leave the audience in wonder and shock, has long been an influence to contemporary film directors and writers for the modern interpretations of Surrealism in film. His film Spellbound (1945) is a primary example of this influence. Surrealism is a style of art that was developed to create an expressive expansion of the dreams of artists so that the internal could be expressed rather than the external repeated. For Salvador Dali, the work of the Surrealist is â€Å"based on phantasms and representations brought about by the materializations of unconscious acts†. The style utilizes what is real but puts it into an unreal framework. A good example of this type of recreation is in Salvador Dali’s Lobster Telephone, 1936, where a lobster has been substituted for the receiver of the telephone.