Thursday, October 31, 2019

History and Swot analyses of Thailand Essay Example | Topics and Well Written Essays - 750 words

History and Swot analyses of Thailand - Essay Example , and later in the 19th century, the Chinese immigrants began to control the rice mills and other trades in Thailand (Baker, Baker and Phongpaichit, 2009, p.33). The Chinese people got perfectly assimilated into Thai culture and the Thai people adopted Chinese culture as a part of Thai culture (Baker, Baker and Phongpaichit, 2009, p.101). A quarter of the Thai population presently is of Chinese origin (Baker, Baker and Phongpaichit, 2009, p.101). The European entry into Thailand had a great impact on Thai culture and life ((Baker, Baker and Phongpaichit, 2009, p.41). The Siamese monarchy and its government had many trade agreements with European traders ((Baker, Baker and Phongpaichit, 2009, p.41). The Thai courts were supplied â€Å"weapons and luxury† by these traders ((Baker, Baker and Phongpaichit, 2009, p.41). The material success that accompanied Christianity was a new idea for Thai people because according to the Thai Budhist religion, people were bound by the eventualities of fate (Baker, Baker and Phongpaichit, 2009, p.41). The European trade mobilized a market economy in Thailand (Baker, Baker and Phongpaichit, 2009, p.43). Though Britain and France had secret plans to accede certain parts of Thailand to their territories, the German expansionist move compelled these two nations to rally together against Germany and the result was a clear demarcation of Thailand’s boundaries by these nations through t reaties signed â€Å"between 1902 and 1909† (Baker, Baker and Phongpaichit, 2009, p.61). More significantly the weapon trade of Europeans acted as a catalyst in replacing the monarchy, and transforming Thailand into a nation ruled by military (Baker, Baker and Phongpaichit, 2009, p.99). The growth of the military was so phenomenal that â€Å"military expenditure rose from 1 million baht in 1898 to 13 million in 1909-1910 (Baker, Baker and Phongpaichit, 2009, p.99). Along with many other effects, the presence of Europeans had a bearing also on the clothing of

Tuesday, October 29, 2019

The Tipping Point Essay Example for Free

The Tipping Point Essay Change is a rule by nature that will never change. Shifting from one state to another state is nature’s law. No one can override this rule. Tipping point by Malcolm Gladwell is all about changes that happen frequently. No one is stable in this world; nothing is stable in this world. Every thing must change consistently, the things, which happened yesterday, is not same today and the things which happened today will not be same tomorrow. This law is not only applicable for human life but also for society, technology, disease, education, culture, music, craft and so on. A wide spread outbreak of an infectious disease is called as epidemic. Malcolm Gladwell also deals with this epidemic not with medicine but with social epidemic that spoils young generation and society. Smoking is injurious to health, Drinking is injurious to wealth. Every one knows this, but they drink and smoke until malady bangs them. A women’s tongue is more powerful than any other thing? What is the reason behind crime rate fell down so drastically? What is the reason behind young generation using mobile   phones, ipods, and desktop and laptop computers than elder generation? Why some use Internet for utile purpose and not others? Why violence step-up in Hollywood movies? There are many questions here but Malcolm Gladwell answers only one question that is the correct answer for remaining questions. Ideas, behavior, messages and products sometimes behave just like outbreaks of infectious disease. They are called as social epidemics. The Tipping point is a book that deals with social epidemics that surround us. Generation after generation every thing right from culture, music, dress, changes frequently in a very unusual way. For example, if a famous pop star changes his dressing style, everyone will have a tendency to dress like him. It is called trend. This trend changes often, and no one knows this transition. The working of social epidemic is distinctly separate and society’s mind were stormed by   This unusual occurrence. For example we can look at twin tower disaster in New York City. A film taken by novice artists and technicians may yield stunning victory. No one knows the working of epidemic. The title â€Å" The Tipping Point â€Å" is originated from the world of epidemiology. The Tipping Point is a proper mixture of sociology, psychology, and history. This is a book for one who wishes to understand the world around them is in different way. The Three Influential People Connectors, Mavens and Salesmen.   Connectors can be compared with computer hub. They play a major role in epidemic like the central part of a car wheel. Hub is used for networking one computer with other. They are the heart of computer networking. Connectors have the habit of voluntarily introducing themselves to strangers and others. They can easily mingle with any sort of people. Hub in computer can be connected to any other computer irrespective of their configuration and software installed, like wise connectors can amalgamate with any sort of people in the society without any hesitation. Connectors are very rare in the society. Mavens are very intelligent people, they know how to interact with society, they how to exploit decrepit of the society. Mavens are intelligent powerful social epidemic. â€Å"Maven† the word comes from Yiddish meyvn and Herbrew mevin (מבÖ ¿Ã—™×Ÿ, with the same meaning, which in turn derives from Herbrew binah, means understanding. It was recorded in english language in 1952, and become famous in the 1960s by a series of commercials for Vita Herring created by Martin Solow, featuring â€Å"The Beloved Herring Maven†. Since the 1980s it has become more common since William Safire adepted it to describe himself â€Å" the language maven†. The word is mainly confined to American English, but had not yet appeared with the publication of the 1976 edition of Webster’s third new international dictionary. In network theory and socilogy, a maven is someone who has a disproportionate influence on other members of the network. The role of mavens in propagating knowledge and preferences has been established in various domains, from politics to social trends. Gladwell also suggests that mavens act most effectively when they have some kind of understanding with connectors. Connectors can easily and widely distribute the advice or insight of a mavens. Some have identified the maven is not a Jewish word, but a Jewish concept. A maven is an expert, and it’s something that every Jew thinks he is on every subject that exists. The term Maven is used to a great extent in spam electornic mails. Spam is nothing but an email from unrecognized location or person. The objective behind spam electronic mail is to develop and promote their business and to to earn handsome of money. Some Spam email contains VIRUS – Virtual Information Resource Under Sledge. An agreement or contract in which property is transferred from the seller to the buyer for fixed price in money (paid or agreed to be paid by the buyer) is called as sales. It is an integral part of social activity. Ideas or products found attractive or interesting by others will grow exponentially for some time is called as stickiness. People always look for different kind of music systems like Walkman, Discman or even those expensive mp3 players And finally they stick with ipods. Apple is the second biggest company next to Microsoft Apple introduced ipods in which hundreds and thousands of songs can be saved and played whenever required. This allowed the company to not only exploit they name but also use the names of Dell and Microsoft to work with them for their success. Also this product tipped of the timing. At a time when the health conscious and the craze is at its peak, people were looking for something to play their music while they were working out that looked cool. This is exactly what the IPOD offered these people. It is compact, mini, nano, shuffles are so small they can easily fit in your pocket with no worries about skipping, even while running. The overall benefits of this product are enormous, and the sleek plain design really set it apart from anything in the market. If a kid in a college doesn’t have one of ipod, laptop, cell phones, people are surprised. The point that I try to get from Gladwell is the importance of Maven in having something tipped. Whether is accidental or on purpose the maven finds out information about something and has to tell someone. I feel it has tipped and think it was a fabulous example of marketing tipping a product. I think Gladwell really hit the nail on the head with his main three points that contribute to the tipping point of anything. At a time when the health conscious and the craze is at its peak, people were looking for something to play their music while they were working out that looked cool. This is an incredible underground of ipod mavens. One who links like-minded people and one who gathers and shares deep information, that sounds the definition of almost every relationship is the blogger, they are connectors and mavens at the tipping point of communication. Cell phone, ipods, desktop and laptops are the tipping point of communication because no other form of communication has been so immediate, so interactive, so far-reaching and so ready-made for relationships. We are connectors and mavens at the tipping point of communication able to make relationships with people all over the planet. We are just beginning to figure out the depth and breadth of the medium in which we are working. With the relationships we are making and the information we are gathering. If we set our minds in the same direction, we can change the world. The whole thing changes when the world is our community. Adoption of Ipods Advent of Cell Phones, Laptop and Desktop. Bolstered by the recent holiday gift-giving season, the number of American adults who now own an iPod or other MP3 player has reached 22 million, according to a Pew Internet American Life survey.   Based on the findings of this survey, it is clear that this technology reached its tipping point in the 2004 holiday shopping season, said Lee Rainie, director of Pew Internet American Life. iPods and other MP3 players have broken into the mainstream in a new way, and were projecting a lot more growth, probably an acceleration of growth, ahead. The survey was conducted between January 13 and February 9, 2005 to gauge roughly how many American adults now own iPods or MP3 players. The study didnt poll teenagers, an age group that includes several million more users of such devices. Pew determined iPods and other MP3 players are likely being adopted so quickly because of their relative ease of use, a plethora of downloadable music on the Internet, and because they allow people to become their own disk jockeys. People are beginning to adapt them as instruments of social activity, sharing songs with others, and are becoming drawn into podcasting, Rainie said. Although the study didnt offer specific numbers for podcastings growth, Rainie predicts in 2005, podcasting is likely to surge in popularity along a growth curve comparable to the blogging communitys rapid expansion. Pew is currently conducting a study looking at the growth of podcasting, results of which will be released in mid-March. Key findings of the survey include: †¢ Men are more likely to own iPods/MP3 players than women. Roughly 14 percent of adult men have such devices, as opposed to nine percent of adult women. †¢ Almost one in five (19 percent) of adults under the age of 30 have iPods/MP3 Players, versus 14 percent of people in their 30s and 40s. †¢ iPods/MP3 players are generally gadgets for the well-to-do. Approximately 24 percent of adults with household incomes of $75,000 or more own a device. About 10 percent of adults living in households earning $30,000 to $75,000 have them, as opposed to 6 percent of those living in households with earnings under $30,000. †¢ Internet users are four times as likely as non-Internet users to have iPods/MP3 players, probably because Web users are able to get much of the music they enjoy online; 15 percent of Internet users have iPods/MP3 players, versus only four percent of non-Internet users. †¢ The more advanced the Internet user, the more likely it is s/he will own an iPod/MP3 player. Those with six or more years online experience are twice as likely to have them as those who first came online in the last three years. †¢ Broadband access is strongly linked to iPod/MP3 player ownership. About 23 percent of adults with high bandwidth have the devices, compared to nine percent who connect via dial-up. Among adults with broadband access both at home and at work, 31 percent own such devices. †¢ Approximately 16 percent of parents living with children under age 18 have an iPod/MP3 player, as opposed to nine percent of those with no children living at home. Business hit the big time with the advent of the laptop because people could work at home Things got even better when wireless was invented. These technologies are becoming the worst things to happen to world Customer request for number of words. Number of words : 1975 including works cited . Works Cited 1. Gladwell, Malcolm, â€Å"What is the Tipping Point† www.gladwell.com/tippingpoint/index.html 2.Paterson, Robert, â€Å"How To Start a Revolution† 3rd May 2003. http://radio.weblogs.com/0107127/stories/2003/01/01/tippingPointNetVersion.html 3. WikiSummaries, â€Å"The Tipping Point Summary†, 31st Jan 2007. http://www.wikisummaries.org/The_Tipping_Point 4. Paterson, Robert, â€Å"Tipping Point’ http://www.answers.com/topic/tipping-point Customer request for additional three online resources. 1. Allison ,Jeremy, â€Å"Vista at the tipping point†19th Jan 2007. http://news.zdnet.com/2100-9590_22-6151049.html 2. Gladwell, Malcolm, â€Å"The Tipping Point†, http://search.barnesandnoble.com/booksearch/isbnInquiry.asp?z=yEAN=9780316346627itm=1 3.†The Tipping Point – How little things can make a big difference† http://www.hachettebookgroupusa.com/books/8/0316316962/index.html

Saturday, October 26, 2019

Cross Border Strategic Takeovers: The Case of Cadbury

Cross Border Strategic Takeovers: The Case of Cadbury Cross border strategic takeovers test the investment ability to earn above the average market return. But taking over Cadbury explores beyond monetary gain. The deal is a defiance of cultural pride, countrymen sentiment and confidence in corporate. In free market economy transnational corporations ambition a strategic structure to skirt flat line company growth. Inevitably, organization structures have evolved into very complex ones, where explanations are in many scholastic studies: Egelhoff 1982, Dunning 1993, Stopford Wells 1972, Franko 1976, Galbraith Nathanson 1978, Robock Simmonds 1973. A traditional structure simply concerned a broad international presence. Typically, these consisted independent operations in the handle of an expatriate. In its proliferation, the facilitation of information flow prompted the creation of offshore headquarters which functioned isolate of the local core group (Barber, J. P. 2002, pp.1-5). However, these international structures had about one third of the offshore venture in the form of shared ownership (Casseres 2006, p. 4). What firms manifest these days is cognizant of the global outlook. Less differentiation is placed on the local operations vis-a-vis the international division. Strategic structures shift authority and responsibility to the central domain, without the former single line authority in force, rather a multiple lines responsibility (Barber, J. P. 2002, pp.1-5). Sheer size is given importance in the new corporate international strategy (Egelhoff 1988, p. 1-14). A Precise Pair (Possible reasons why Kraft identified Cadbury as a suitable partner) Kraft Foods, Inc. envisions global domination of the confectionery world (Wiggins 2010, sc. 3), and Cadbury would be the pair of precision. These firms have similar and complimenting features, when combined can operate more competently. They are alike because each is an industry icon that spells out of a history of corporate prestige. In the same way these firms compliment, having pursued a different market position in product lines such as novelty brands Oreo cookies over dairy milk chocolate. Cadbury and Kraft supplement one another in geographical footprint, thus distribution lines are less redundant, if not broadened (Beaudin, 2010). In the context and analysis of industry, a pair of firms can operate more competently when combined. In fact, dissimilar capabilities are often synchronized in the manufacture of opposite goods (Casseres 2006, p. 8-12). Acquisitions improve efficiency by seizure of synergies between firms (Crosoni, Gomes, McGinn, Noth 2004, p.481-512). When put together, Cadbury-Kraft becomes an industry powerhouse. Both sum up an unrivalled portfolio of tremendous potential (The Independent 2010, sc. 2-4). The long term forecast revenues are estimated at a strait annual 5% upward trend in revenues and company growth at 9-11%. On its own, Kraft revenues rises at about 4% with company growth of 7- 9%. A prolonged growth in revenues determines annual cost savings of $625 million (Value Expectations 2010, sc. 1-3). It is argued that such transformation creates larger economies of scale higher and larger geographical markets (Lambrecht 2000, p.1-4). The takeover is meant to reshape market competition, imposing influence on emerging markets. The industry for chocolate and sweets is quite gaping and loosely split between international conglomerates: Mars, Wrigley, Kraft, Hershey, Ferrero and Nestlà © (Beaudin 2010, sc. 1-4). By the acquisition of Cadbury, Kraft assumes to suppress rivalry by the bundle of capabilities (Casseres 2006, p. 8-12). In other words, the industry turns out to be less competitive and too concentrated (Crosoni, Gomes, McGinn, Noth 2004, p.481-512). And why global shares are expected to rise by 5% points from the estimated 20% holding for both firms (Value Expectations 2010, sc. 1-3). Takeovers can reduce production costs at minimal or result in bullish strategies such as predatory pricing against remaining industry players (Crosoni, Gomes, McGinn, Noth 2004, p.481-512). Or-simply a means to breakaway from the discipline of market competition, while economic benefits are reaped and a barrier to entry fortified (Herings, Peeters Schinkel 2005, p. 20). Kraft benefits the niche knowledge and experience of Cadbury. And the new firm brings together invaluable insights by encountering methods of another industry player (ArticleSnatch.com, 2010, sc.3). Bitter Deal (Why a hostile takeover was considered the most appropriate means of acquisition) There could be no appropriate manner to put an end to an Englishmans 186-year old dairy milk maker. Simply because Cadbury is a source of pride and pomposity nearly as important to British culture as the Beatles (quoting Bloomberg Businessweek publication 9 Feb 2010); the deal shall forever be looked upon as a hostile takeover. Not that it is forgivable, a hostile takeover is assumed when organization management is unreceptive of the acquisition process, even when the company has a market valuation below net asset (Casseres 2006, p. 8-12). Theory and practice determine that stock price maximization sits as the foremost objective of a corporation. In the Kraft-Cadbury situation, the business outline of both companies show a consistent cash flows but a severely incapacitate growth opportunities. Market value net investment capital remained flat for some period of time (Value Expectations 2010, sc. 1-3). It is reasoned that the Cadbury takeover allows for a strategic structure expected to churn annual revenues of $50 billion across 160 countries (Wiggins 2010, sc. 2-6). Cadbury by itself consistently held about 10% share in the global market or what Wiggins describes as a slim lead over competitors. That is, with little put into marketing, innovation and capital expenditure, the company growth waned (Wiggins 2010, sc. 2-6). The restructuring mechanism offered a handsome post merger ownership share. What the investor obtains of the new firm is a crucial payoff and decisive gain (Lambrecht 2000, p.1-4). The closing price of 850 pence in 60% cash plus 40% stock ratio (Wiggins 2010, sc. 2-6). Cadbury was a vulnerable target, the takeover timing immediate. The company suffered losses and financial targets berserk. The 75 age old plant at Somerdale was earmarked for closure with 500 jobs slashed. Onsite operations were to be moved to the Bournville plant in Birmingham by 2010 and to the new Poland facility. Brands manufactured at Somerdale are the Cadbury Mini-Egg, Curly Wurly, Chocolate Creeam, Fudge and Turkish Delight (House of Commons 2010, p.9). The Salmonella contamination of 2006, recalled over a million chocolate bars plus a breach of safety penalty of  £1m and an accounting scandal in Nigeria took out on profits (Wiggins 2010, sc. 2-6). Domino Effect (What external events gave rise to the opportunity of acquiring Cadbury?) The global economic turndown triggered innovations and larger transformations, which in turn gives rise to the hostile takeover of Cadbury. Any basic change in the economic environment can do so, such as alterations in policy or industry innovations (Lambrecht 2000, p.1-4). It can be said that globalization itself heightens brand definition and competition that firms are continually on the look out for strategic moves. Growth patterns are also seen to shift the Asia region, as the result of population growth and consumer style. Change in consumer habits: the American consumers were moving into health drinks, affecting upon Gorts economic disturbance theory. This suggests that the high level mergers among soda companies: Coca Cola Company, PepsiCo and Danone, resulted instabilities in the umbrella company and the eventual separation of Dr. Pepper Snapple Group (Ganesh 2010, p.17-25). Strategist Todd Stitzer sought out to demerge its US soft drinks and confectionery businesses, which was carried out a few years ahead (Wiggins 2010, sc. 2-6). Given these events put forth uncertainty, Cadbury shareholders had differing opinions as on the true value of share. The economic disturbance theory asserts that valuation differences cultivate ground for takeover transactions. The narrowing profit margin expensed into raw materials is one compelling external factor making takeovers palatable. As the economic turndown cuts deeper into food companies profits, many brands downgrade ingredients. The Cadbury attempt to shift to palm oil stirred consumer outrage and disapproval of environmentalists, even losing out considerable money. Decisions of acquisition touch further the organizational effort and cost savings on information transfer, contracts, principal-agent relationships, incentives and transaction costs (Casseres 2006, p. 8-12). Cadbury profit margins plunged by 7 percentage points in 2008 from 22% in 2004 (Value Expectations 2010, sc. 1-3). Bullheaded (How differing negotiation styles could have had an impact on the initial discussions on Kraft and Cadbury) Kraft paid a wildly higher price by sheer ill conduct while negotiating the deal. Had it not focused only on its own interests and empty of concern in the emotional significance of the deal, the acquisition could have cost less. Ill conduct was an expressed a lack of respect, what is an essential ingredient in cross border transactions. The initial offering of 10.5 billion pounds -or $17.1 billion was slammed as derisory (London Associated Press 2010, sc. 1), KFI proposed to buy 300 pence in cash plus 0.2589 of the new Kraft Foods share, which comes to the value of 745 pence (Value Expectations 2010, sc. 1-3). A turnaround recommendation by the Cadbury board was made on the offer of 850 pence in 60% cash plus 40% stock ratio (Wiggins 2010, sc. 2-6). Too low an opening bid stirred resentment, if at all tore apart members of the board in humiliation. Seemingly very American is the abrasive and brute, which in return lagged the negotiation and KFI risked its credit rating and dividends by borrowing heavily to fill out a high closing price (Value Expectations 2010, sc. 1-3). A bid opening price forecasts the value of these combined entities which under the new strategic structure ought to be much higher. The price derives from cost reductions in labor or Capexes, market power, consumer access and specialization, supply chain accountability, debt tax shields, management empowerment, financial controllership, and many factors studies. The same way, it leaves a psychological imprint on board members of the target firm (Baker, Pan Wurgler 2009, p.7-20). Corporate motif permeates negotiating style. Having that KFI is made up of everything and anything it swallows, with a high subsidiary turnover rates, speculations on a one sided talk lets up an overprotective Cadbury board (Beaudin 2010, sc. 1-4). It seems Kraft took advantage of the announcement to close the Somerdale facility, using this as a reference point for perceived value (Baker, Pan Wurgler 2009, p.7-20). A better manner would be to propose acquisition, after the potential synergies are identified and additional value determined (Crosoni, Gomes, McGinn Noth 2004, p.481-512). Compelling Convictions (How could such disparate cultures have an impact on the initial period of the new organisation) In an interview with Namrata Singh during his Asia tour of duty, mention that the company was working quickly, but thoughtfully on issues related to mending cultural differences. Clearly, the excitement set in and people at work look forward to the growth opportunities of the merger. KFI is noted to have built a depth of cross-cultural talent, leadership soars with the exceptional fusion of leaders with global mindset. People begin with identifying similarities. KFI and Cadbury share a familiar passion for brands and are ready to trust in local groups. Preparatory seminars are held to brainstorm how to begin growing faster together. Employee enthusiast seek ways to unleash the best of both companies (The Times of India 2010, sc.1-3). Insofar Cadbury culture is distinctive of a reputation for evenhandedness with employees and in its business practices. It practiced philanthropy during wartime, as it a forerunner of fair trade practice (House of Commons 2010, p.23). The Englishman Employment Policy is subject to TUPE (Transfer of Undertakings-Protection of Employment). Private sector companies are to carry over appointment contracts unchanged between the transferor and the transferee, to prevent the dismissal. Many services in the bureaucracy are expected to be outsourced to the private sector. These contracts will require TUPE 2006 to be fully taken into account. TUPE provides transferring hires the choice to join a replacement pension scheme with equivalent conditions and matched contribution rates up to 6% of basic salary (Huard 2010, p.2-7). A takeover succeeds when key employees are encouraged and motivated to start new work arrangements. KFI could rue the day failing to come across a commitment to reemploy several knowledgeable, experienced workers at Cadbury Keynsham. The house of Commons notes that the commitment only extends to Kraft employees in manufacturing, and do not apply for post redundancy in divisions of finance, legal and communications (House of Commons 2010, p.9). State Intervention (Critically appraise the involvement of national Governments in cross border transactions such as Kraft in the acquisition of Cadbury) State intervention in the Cadbury takeover is less authoritative, if not feeble. Unlike Governments of China or Japan, were extensive sensitivity and involvement is put out to bail legendary business institutions. To some nations, a taskforce is established for the purpose of overseeing takeover procedures. While State actions could end up futile or restraint, the gesture looks out for future generations, the same as protectorate of heritage. The House of Commons convened to investigate the Cadbury takeover only after the deal came through. Changes in public policy must step up with Cadbury gone (House of Commons 2010, p.3). The overall idea is to re think a British market that is less open or permissive. The takeover Code was authored in an environment where ownership models were quite different (Wiggins 2010, sc. 2-6), and neglect on the part of the State is a subject of public debate. Economic policy in other advanced nations, France and USA, are designed to ward off corporate scavengers. Policy stipulates existing shareholders can acquire voluminous shares at a price below the market if a prospector influences a buyout without board approval. The provision, which is granted to privilege holders typically the founders and top executives, wards off corporate scavengers deliberately. In effect it has reduced costs on litigations and worry on hostile takeovers (Mebran 2005, sc.1-5). Due Diligence (You are to review and critically analise the concept of due diligence and present a reasoned argument as to why it should help companies like Kraft avoid acting irresponsibly and unwisely) Due diligence is a requisite for a smooth and subtle takeover. It is expected that the bidder conducts exhaustive study on the subsidiaries that make up a firm such to arrive at an agreeable, suitable acquisition structure (Birkett 2003, p.1-6). With reference to the opening price of 745 pence per ordinary share, this translates to about $50 per ADR. Equally, the new firm should achieve a top line growth of 10% annually and EBITDA margins of 27%. To justify the price offering, that bottom line pattern should continues from 2010 to 2014. Experts think this is too ambitious a proposition (Value Expectations 2010, sc. 1-3). The impact of psychological pricing is very real (Baker, Pan Wurgler 2009, p.7-20). Although a quick refusal transpired after KFI rendered an opening bid, it set out bad blood (The Wall Street Journal 2010, sc 1). A bidder who comes prepared will gauge psyche of the target and set out to build a good working relationship. On the average, investors are disposition averse; the prospect theory suggests that more are hesitant to sell stocks with losses on paper than when stocks show gains. It is also Perceptiveness is expected at the senior level, and trickles down to the rest of the firm (Baker, Pan Wurgler 2009, p.7-20). Kraft borrowed heavily to buy Cadbury (Beaudin 2010, sc. 1-4). The purchase is outsourced through the sale of the DiGiorno and Tombstone pizza brands to Nestle SA (Chicago Business 2010, sc. 2-5). This suggests that Kraft could have overvalued the operational performance to come through with the assumptions of the transaction (Value Expectations 2010, sc. 1-3). Or possible, that the takeover results from a inaccurate valuations on the stock market (Lambrecht 2000, p.1-4). The $19 billion takeover places KFI in sizeable debt, the pay down of integrating two formidable, transnational businesses. The estimated cost synergies from the putting together Cadbury and KFI has been raised to $750 million (Cordeiro 2010, p.1-4). Principled negotiations focus on what is meaningful to a target (Birkett 2003, p.1-6). Consider what is valuable to the target business, other than costs. A negotiator can lose something more valuable, such as company reputation, when engaging without evaluating this dimension. This can extend to understanding the social dynamics in which the target operates (Lambrecht 2000, p.1-4). It is unwise to say anything about the terms before this is formalized this could break the agreement. A week after the takeover, or on 9 Feb 2010, Kraft presents conclusively, its intention to shut down the Somerdale factory. The decision is a reversal of its foremost commitment to Cadbury at the outset (House of Commons 2010, p.17).

Friday, October 25, 2019

Vaulting Ambition in Shakespeares Macbeth Essay -- Macbeth essays

Vaulting Ambition in Macbeth      Ã‚   Can one expect to find in Shakespeare's tragic play Macbeth a heavy dose of ambition? Yes, indeed. Such a heavy dose that it is lethal - as we shall see in this paper.    Clark and Wright in their Introduction to The Complete Works of William Shakespeare interpret the main theme of the play as intertwining with evil and ambition:    While in Hamlet and others of Shakespeare's plays we feel that Shakespeare refined upon and brooded over his thoughts, Macbeth seems as if struck out at a heat and imagined from first to last with rapidity and power, and a subtlety of workmanship which has become instructive. The theme of the drama is the gradual ruin through yielding to evil within and evil without, of a man, who, though from the first tainted by base and ambitious thoughts, yet possessed elements in his nature of possible honor and loyalty. (792)    In "Macbeth as the Imitation of an Action" Francis Fergusson states the place of Macbeth's ambition in the action of the play:    It is the phrase "to outrun the pauser, reason [2.3]," which seems to me to describe the action, or motive, of the play as a whole. Macbeth, of course, literally means that his love for Duncan was so strong and so swift that it got ahead of his reason, which would have counseled a pause. But in the same way we have seen his greed and ambition outrun his reason when he committed the murder; and in the same way all of the characters, in the irrational darkness of Scotland's evil hour, are compelled in their action to strive beyond what they can see by reason alone. Even Malcolm and Macduff, as we shall see, are compelled to go beyond reason in the action which destroys Macbeth and ends the play. ... ...iion of Critical Essays. Alfred Harbage, ed. Englewwod Cliffs, NJ: Prentice-Hall, Inc., 1964.    Johnson, Samuel. The Plays of Shakespeare. N.p.: n.p.. 1765. Rpt in Shakespearean Tragedy. Bratchell, D. F. New York, NY: Routledge, 1990.    Kemble, Fanny. "Lady Macbeth." Macmillan's Magazine, 17 (February 1868), p. 354-61. Rpt. in Women Reading Shakespeare 1660-1900. Ann Thompson and Sasha Roberts, eds. Manchester, UK: Manchester University Press, 1997.    Shakespeare, William. The Tragedy of Macbeth. http://chemicool.com/Shakespeare/macbeth/full.html, no lin.    Siddons, Sarah. "Memoranda: Remarks on the Character of Lady Macbeth." The Life of Mrs. Siddons. Thomas Campbell. London: Effingham Wilson, 1834. Rpt. in Women Reading Shakespeare 1660-1900. Ann Thompson and Sasha Roberts, eds. Manchester, UK: Manchester University Press, 1997.    Vaulting Ambition in Shakespeare's Macbeth Essay -- Macbeth essays Vaulting Ambition in Macbeth      Ã‚   Can one expect to find in Shakespeare's tragic play Macbeth a heavy dose of ambition? Yes, indeed. Such a heavy dose that it is lethal - as we shall see in this paper.    Clark and Wright in their Introduction to The Complete Works of William Shakespeare interpret the main theme of the play as intertwining with evil and ambition:    While in Hamlet and others of Shakespeare's plays we feel that Shakespeare refined upon and brooded over his thoughts, Macbeth seems as if struck out at a heat and imagined from first to last with rapidity and power, and a subtlety of workmanship which has become instructive. The theme of the drama is the gradual ruin through yielding to evil within and evil without, of a man, who, though from the first tainted by base and ambitious thoughts, yet possessed elements in his nature of possible honor and loyalty. (792)    In "Macbeth as the Imitation of an Action" Francis Fergusson states the place of Macbeth's ambition in the action of the play:    It is the phrase "to outrun the pauser, reason [2.3]," which seems to me to describe the action, or motive, of the play as a whole. Macbeth, of course, literally means that his love for Duncan was so strong and so swift that it got ahead of his reason, which would have counseled a pause. But in the same way we have seen his greed and ambition outrun his reason when he committed the murder; and in the same way all of the characters, in the irrational darkness of Scotland's evil hour, are compelled in their action to strive beyond what they can see by reason alone. Even Malcolm and Macduff, as we shall see, are compelled to go beyond reason in the action which destroys Macbeth and ends the play. ... ...iion of Critical Essays. Alfred Harbage, ed. Englewwod Cliffs, NJ: Prentice-Hall, Inc., 1964.    Johnson, Samuel. The Plays of Shakespeare. N.p.: n.p.. 1765. Rpt in Shakespearean Tragedy. Bratchell, D. F. New York, NY: Routledge, 1990.    Kemble, Fanny. "Lady Macbeth." Macmillan's Magazine, 17 (February 1868), p. 354-61. Rpt. in Women Reading Shakespeare 1660-1900. Ann Thompson and Sasha Roberts, eds. Manchester, UK: Manchester University Press, 1997.    Shakespeare, William. The Tragedy of Macbeth. http://chemicool.com/Shakespeare/macbeth/full.html, no lin.    Siddons, Sarah. "Memoranda: Remarks on the Character of Lady Macbeth." The Life of Mrs. Siddons. Thomas Campbell. London: Effingham Wilson, 1834. Rpt. in Women Reading Shakespeare 1660-1900. Ann Thompson and Sasha Roberts, eds. Manchester, UK: Manchester University Press, 1997.   

Wednesday, October 23, 2019

How can Village Volvo differentiate itself from Volvo dealers Essay

Assignment 1: Village Volvo Q-1: Describe Village Volvo’s Service Package Ans-1: Core Service Package: Quality Repair Service on Out of Warranty Volvos This Consist of Five Components: Supporting Facility Facilitating Goods Information Explicate Service Implicit Service Also Routine Service like Tune up and Oil Change†¦ Village Volvo has one Unique Feature that is: History of Work Information About Repaired Volvo History of Fault arise in Volvo Help Desk for Mechanics Beside the Core Service Village Volvo provide Additional Service Like: 1. Routine Service Customer Relationship Historical Trend Cost and Time Estimation Equipped Waiting Room Q-2: How are the Distinctive Characteristics of a Service Firm illustrated by Village Volvo? Ans-2: Village Volvo implemented Service package which make customer Convinced and Comfortable Generally in Service Operation Management there is one Rule: â€Å"If you are able to make customer your side your 50% job has to be done† In village Volvo there are main three distinctive things: Prepared by: Milan Padariya Page 1 Assignment 1: Village Volvo 1. Customer Comfort 2. Trust 3. Respect Village Volvo Provide good service with additional service. One other good service is Management Information System in Village Volvo†¦ Q-3: Characterize Village Volvo in Regard to the nature of the service act, the relationship with customers, customization and judgment, the nature of demand and supply, and method of service delivery. Ans-3: Following is the appropriate answer Nature of Service: Customer Participation Relationship: High Contact with Customer Customization and Judgment: Very High Nature of Demand and Supply: Pull Method of Service Delivery: Case Management Proactive intervention supportive service Q-4: How Could Village Volvo manages its back office (i.e. repair operation) like a factory. Ans-4: Village Volvo manages its back office by following ways: 1. Proper Spare Parts Management 2. Provide Next Service date and have a record with Village Volvo so, it will help for daily and weekly Planning. 3. Differentiate Emergency and Routine That is from Village Volvo†¦ As per my knowledge Village Volvo Should use some Quality Philosophy Like 5S of Quality Management 1st S: Sorting 2nd S: Set in Order Prepared by: Milan Padariya Page 2 Assignment 1: Village Volvo 3rd S: Shine 4th S: Standardize 5th S: Sustain There are more three S of Quality Management 6th S: Safety 7th S: Security 8th S: Satisfaction Q-5: How can Village Volvo differentiate itself from Volvo dealer? Ans-5: Village Volvo can differentiate itself from Volvo dealer from following ways: 1. Differentiation Through Service Excellence Integrated Virtual Call Centre Integrated Service Network Proactive offer sales service Customer Touch point Management Smart Service agent It is essential to ensure consistent customer Experience across touch point which reinforce your brand and sends the message to customer that you understand them well. OVERALL CONCLUSION: This is all about Service Operation Management (SOM). So, whatever ever Philosophy is for Service Operation Management which is related to Village Volvo like†¦ Dimension of Service Perceived Service Quality Expected Service Perceived Service Prepared by: Milan Padariya Page 3 Assignment 1: Village Volvo Mainly three dimensions considered in Service Operation Management†¦ 1. ESPS: Expectation no met: Unsatisfactory: Customer not Happy I want to add one more thing: In Village Volvo there are two Possibilities: 1. ES

Tuesday, October 22, 2019

How to Write Original Creative Writing Essays Complete Guide for Arts Essays

How to Write Original Creative Writing Essays Complete Guide for Arts Essays Have a creative writing essay due soon? Our film theatre studies guide covers both long-term strategies to writing essays and emergency tips for extra quick writing techniques. Read on to save yourself and let creative juices flow. What is a Creative Essay? Creative essays are an all-time favourite. They are spontaneous essays with no restrictions, guidelines or structure. Creative essays are non-fiction essays written from the point of view of the author. They are aesthetic, imaginative and as far as non-fiction can allow, factual. Creative essays include; memoir, biographies, book reviews, travel reports. Other forms of fictitious creative writing include; short stories, poems, hybrid essays, dramatic monologues, plays and flash fiction. However, all creative essays have one thing in common: they are all focused on telling a story, whether real, imagined or both. As fun as creative writing may be, a lot of folks still struggle to get a piece out. This is because unlike most essays, creative essays are written from the heart and depend majorly on originality and imagination.   So, before we get started, my first advise will be this: write from your heart. Choosing the Right Topic: A Few Suggestions from Our Writers What story do you want to tell? How do you want to tell it? Who is your audience? These are a few of the questions to put in mind before writing a creative essay. Like it was said before, write from your heart. It is easier to tell your story than tell someone elses. In telling your story, you can easily draw from the rich store of memories, personal experiences, imaginations and dreams you have. Take time to brainstorm. Think about what you want to write on. Most times in a fit of excitement, you may be tempted to start writing immediately without thinking through. If the idea is not deep and sustaining enough, the flow of ideas may cease and you may be disappointed or discouraged to continue. Take a walk. Go to a quiet place or go to your favourite spot to get your muse on. If you keep a journal, now is the best time to read it to recollect memories and gather inspiration. You may want to read a few pages of your favourite book or literary journals to get inspiration, watch your favourite movie or put your favourite song on replay. Soon enough ideas will begin to trickle in:   it may be a dream you had, an idea, a memory or interactions with your friends and family. Get out your writing materials and pen these ideas down. Ideas are fleeting and may come in with such a rush yoyo may forget them. You will want to capture as many as you can on paper. Dont be bothered if your ideas dont have a flow or structure. There are no worries, let them be as loose and as spontaneous as they can be, when you begin to write you will see them take form. Over time, the more you write, the more you will be able to arrange the flow of your ideas and put them in order, even in the first draft without having to write a second draft. A couple of ideas/writers prompts that may come to mind for fictitious creative writing include: Some lines from a favourite song; A favourite childhood memory; A rewrite of a favourite romantic or comedy movie; A re-adaptation of a favourite book; A favourite writing quote; A creative essay on a favourite author; A recurring dream; A life turning experience: accident, death of a loved one or a near death experience. Another couple of sample topics for writing creative non-fiction essays include: A short biography of a favourite author; A travel report on a tour destination with significant historical cultural and artistic value; A book report on an engaging book you read during the course; perhaps a compelling story from Charles Dickens, Jane Austen or Toni Morrison. Pre Writing Tips: Get Ready to Be Creative As the ideas trickle in, dont be in a hurry to put and arrange them into paragraphs or structure them. You may stifle the stream of thoughts that come in. Before you set out to start writing, do following steps. Free Writing Write as much as you can, as fast you can. This is called speed writing. The aim of speed writing is to get your natural voice and flow. Sometimes in an effort to make the first draft coherent and creative you may alter your writing voice and sound like some popular creative writer. Because you are not being yourself,   you lose your writing voice and make a poor imitation of a skilled writer who took time to develop his own writing voice.   Patiently develop yours too. Write freely and try not to bother if the piece is not logical or coherent enough. Stay on track and see where your train of thought takes you. You will be pleasantly surprised. Research So you have a story you want to tell, and just enough framework to build your story. Where do you get meat to add to your skeleton? Research. You may not need to browse the internet to get the information you need. Interviewing friends, families, cross checking dates, tracing family trees and scouting old newspapers are just a few of the methods of researching information to add to your story. Research adds depth and originality to fiction writing and makes non-fiction writings verifiable and factual. If you plan on writing a biography or a book report, take time to research on the author you wish to write on. Of course, you cant cover the entire aspect of the person you wish to write on, so how about covering a significant aspect of the persons life? Was the person engaged in a social reformation? Do you love the persons style of writing or use of words? Is there an aspect of his personal life that means something to you? Go ahead and delve in detailed research. You dont want to mar the image of the author because of inadequate research. Journaling The importance of a journal can never be over emphasised. Journals help you build patience, consistency, good observatory skills and an   ability to write whether you are inspired or not. Journals also make excellent muses when you need inspiration to write. Reading through past writings can birth ideas that make good foundations for a different story entirely. You dont have to record day to day experiences, you can record dreams, memories, quotes, phrases and songs that strike deep chords between you. Record moods, feelings, observations and certain bouts of ideas that seem to pop from nowhere. When you write your creative essay and you seem stuck, get out your journal and write anything that comes to mind. Sketching an Outline As you follow these tips, you will see your essay slowly take shape and form. It shows you are almost there. After researching and gathering just the right amount of information to enrich your essay, the next thing is to sketch an outline of the essay. A creative essay, like every other essay has 4 parts: A title, An introduction, A body, A conclusion. In your sketch, make these four parts into headers and list the necessary points under each. You will learn how to develop an outline as you read on. Write the First Draft The first draft may be just as messy as the free writing.   Not to worry. The aim of the first draft is to arrange sentences into paragraphs that are logical and flow into each other. You write freely, but with focus. Use the sketched outline as a guide, building slowly on the points listed under each heading. Dont worry about grammar, spellings 6 and punctuation. Just focus on writing out your ideas logically. Shape up the Title Most creative writers dont bother about the title of their essay until they are done writing. By the time they are finished writing, the title comes naturally to them. Here are a few points to consider when choosing a title: Titles should be catchy. A good way to do this is to use short sentences that sum up the essay. Sentences could be made of two or more sentences, usually beginning with an article. For example: A Forgotten Memory. The Scary Dream, The Cafeteria, The Three Brothers. Another way to create catchy titles is using figures of speech: metaphor, personification, oxymoron, paradox, hyperbole is just a few of the figures of speech to use. For example, A Nest of Lies, Chasing Shadows, The Tall Tale. The title could be gotten from the subject matter itself. For example, My Father, My Favourite Author, My Favourite Thinking Spot. The title can be lifted word for word from the source of inspiration; a quote, a song, a book or a movie. For example, As you Like it. Writing an Impressive Creative Essay A creative essay is structured like any other essay; it has the introduction, body and conclusion. However to further understand how a creative essay on structured   the online can also be divided into Set up Confrontation Resolution Introduction/ Set up There are no hard and fast rules on how to introduce your creative essay. However since its a short story, its better to get right into the action without wasting time. In the set up, you introduce the setting of the story, the characters involved and how they relate to one another. Also introduce the scene of the story; describe the time, day and environment where the story takes place. Introduce your main character and the other supporting characters that build up your story. Engage the senses of your readers by using vivid descriptions or narratives, imagery and appropriate tone. In the introduction, your readers should be able to infer a plot development from the description you have given. Body/ Confrontation The body consists of paragraphs that are chronological and connected. Slowly build up the plot in the body or change the mood and setting of the story. The body also contains the confrontation, which is the turning point of the story. The turning point could be a point of conflict when things suddenly go the opposite way, or when the main character faces an opposition or challenge. This moment can build up tempo gradually or suddenly come out of nowhere, it all depends on how you want to write it. Conclusion/Resolution In this part, the conflict is resolved, either completely or partially. The drama in the story sharpens, settles down then reaches a peak. Some writers make use of cliff hangers to whet the appetite of their readers and keep them hungry for more. It all depends on how you want to tidy up the story. Be sure to do justice to all your characters in the story. Post-Writing Tips So you are done writing your creative essay. What next? Take a Break It may be hard to take a break after completing your work. You may be so excited and in a hurry to get your essay submitted or published. No rush. Take a mental break and file your work away for a few hours or days. You will want to rest your mind so that the next time you get back to the work, you see it with fresh eyes. That way you begin to notice errors, bulky paragraphs, overflowing sentences and redundant words that either add bulk or dont fulfil the original intent.   Who knows you may see a better way of telling the story and start all over. Re-read and Re-write Read your story critically. Are there overflowing sentences, dead words, redundant paragraphs? Is the story too loose and flabby? Can you rewrite it in a more compact way? Then get back to rewriting. Seasoned writers know the story is not in the first or second draft but in the third and fourth.   The more you rewrite   the more you chisel away flab and fluff and refine existing ways of telling the story. Make each word earn its space on the page. Or perhaps you discovered a better perspective of capturing your story, dont be scared to haul out the work and start from the top. It will be worth the effort. Proofread Give your work to a second party to read. You may not be as critical as you ought to about your writings and a second pair of eyes may just be what you need to highlight errors. Dont take corrections and criticism too hard, welcome them. They may be just what you need to give your work the shine it needs. Formatting A lot of people forget to format their writing according to the editors/teachers specifications. This can be the reason why your work is rejected or poorly scored. Before submissions, take time to note the required formatting for submissions. Font type, font size, line spacing, page numbering and use of headers are a few of the specifications to have in mind. Perhaps the Most Useful Tip from Our Top Writers: Creative writing essays are fun to write. Spontaneity, variety and freedom of expression are a few of the characteristics that make these essays an all-time favourite. The key to writing successfully is to write from the heart. Once you have a sufficient pool of thought and ideas to draw from, it gets easy from there. Research, free writing, sketching, outlining and writing the first and second drafts are just additional tips to help you refine and sculpt your ideas. If you have a hard time coming up with an idea, start keeping a journal today. You will be amazed!