Wednesday, May 13, 2020
Conspiracy Theories about Kennedy Murder Free Essay Example, 4000 words
The country had discussed matters with the Soviet Union regarding the issue but had left Cuba out. Soon, a naval quarantine was announced as it considered attacking Cuba through the sea routes just so it had the power to destroy the nuclear bases and it had also announced taking away all permits to deliver any kind of offensive weapons. This statement and decision made by the Kennedy administration angered both Cuba and the Soviet Union as Khrushchev wrote to Kennedy saying that this was an act of aggression propelling humankind into the abyss of a world nuclear-missile war . Soon, however, a secret agreement was made between Khrushchev and Kennedy under the supervision of the Secretary-General of the United Nations (UN) at the time, U Thant according to which the Soviets were to dismantle all their offensive weapons and take them back and the US would declare never to invade Cuba again. All the while, Cuba was absent from any kind of negotiations made even though a letter had been drafted for Castro to read. The US failed to create any kind of contact with the government of Cuba that it could have been at war with had the UN not intervened in the matter. We will write a custom essay sample on Conspiracy Theories about Kennedy Murder or any topic specifically for you Only $17.96 $11.86/page Castro s opinions and pleas went unheard by and all this worsened the conditions between the two countries, not to forget the close allies, mainly the Soviet Union. Cuba s missile crisis was not looked into as much as it was a matter of concern, by the US. The Soviets, n the other hand, helped a great deal in settling the warfare which was mainly due to its willingness to comply with the Cuban government.
Wednesday, May 6, 2020
Electrons The Building Blocks Of Science Environmental Sciences Essay Free Essays
Electrons have been the cardinal component to many mystifiers in life ; if it were non for several doctors and their parts to the finds of different belongingss of the negatron, the scientific disciplines ( chemical science, biological science, and natural philosophies ) would non be the same. The earliest recorded experience with electricity ( apart from buoy uping ) was with the ancient Greeks who noticed that gold attracted little objects when rubbed with pelt. The history of negatrons has been a compile of little finds made by many doctors, yet the most noteworthy finds were made by Benjamin Franklin, Eugen Goldstein, J. We will write a custom essay sample on Electrons The Building Blocks Of Science Environmental Sciences Essay or any similar topic only for you Order Now J. Thompson, Neils Bohr, Gilbert Lewis, Wolfgang Pauli, and Thomas Young. Benjamin Franklin work with electricity led him to coin footings and suggest several theories affecting batteries, music directors, capacitors, charges, and discharges. He came up with the thought of ââ¬Å" positive â⬠and ââ¬Å" negative â⬠electricity holding ââ¬Å" plus â⬠and ââ¬Å" subtraction â⬠charges. He falsely thought electric flow was from positive to negative ; now we know the opposite is true. Yet, the thought of positive and negative charges builds the foundations of circuits. Through Franklin, we learn that charge flows from the high electromotive force terminus of the power supply through carry oning wires to the resistances, where the energy of the charges is used to make work, or is dissipated as heat. The charge so flows back to the low electromotive force terminus of the power supply by more wires. Charges besides emit an electric field, utilizing a voltmeter to find the strength and way of these Fieldss by mapping the electric potency of the field. From the possible field, the electric field can be determined. The electric field lines can be found by get downing at the positive electrode and following a way to the negative electrode so that the electric field lines ever cross the possible field lines at right angles. Cathode rays played a major portion of the find of subatomic atoms and their behaviour. In 1876, Eugen GoldsteinA discovered that discharge tubings with a pierced cathode besides emit a freshness at the cathode terminal, which was subsequently recognized as negatrons traveling from the negatively-charged cathode toward the positively-chargedA anode. He besides concluded that there was another beam that travels in the opposite way. They are composed of positive ions whose individuality depends on the residuary gas inside the tubing, which subsequently became portion of the footing forA mass spectroscopy. With the cathode beam, he besides discovered magnetic Fieldss exert a ââ¬Å" crabwise â⬠force on traveling charged atoms. That is, if a charged atom travels through a magnetic field, the field will exercise a force directed at right angles to the atom ââ¬Ës gesture. Charged atoms can be made to go in a circle by puting up a magnetic field. In 1896, J.J. Thomson and his colleaguesA performed experiments bespeaking that cathode beams truly were atoms, alternatively of moving ridges, atoms or molecules that many believed before. Thomson made a reasonably accurate estimation of both the chargeA eA and the massA m, happening that cathode beam atoms had around a one thousandth of the mass of hydrogen.A The e/m device in his lab generates a seeable beam of negatrons and directs the beam through a unvarying magnetic field. When high-velocity negatrons strike the atoms in the gas, the atoms give off a green colored visible radiation. This makes the beam seeable. Most negatrons in the beam do nââ¬â¢t clash with any atoms, since the gas is really thin. But those that do demo the way the negatrons are taking. Electric currents create magnetic Fieldss. At the centre of the spirals, the B-field is approximately unvarying and directed analogues with the land. This causes the negatrons to turn. The radius of the circle will depend on the strength of the magnetic field B, the velocity of the atom V, and the atom ââ¬Ës mass. The strength of the B-field depends on the current in the spirals. By mensurating the radius of the beam ââ¬Ës round way, he found the mass of the negatron. A unit of ammunition glass vacuity tubing with a glowing round beam inside The edifice block of chemical science and bonding was explored as Niels Bohr explained a simplified version of the atom, now named Bohr Atom. It is non right, but it provides a utile manner to visualise spectra and their creative activity. A ââ¬Å" cloud â⬠of negatrons in ââ¬Å" orbits â⬠surrounds the highly bantam karyon. Atoms are characterized by a karyon: the cardinal, bantam, monolithic portion. Its charge is impersonal or none. The karyon is made up of positively charged protons and impersonal neutrons. Electron: the negatively charged atom that orbits the karyon of an atom. Photon: the smallest possible sum of E A ; M energy of a peculiar wavelength. An atom consists of a little, heavy karyon surrounded by negatrons. He hypothesized that negatrons were in quantal energy provinces. In the atom the negatrons are normally in the ââ¬Å" land province â⬠, n = 1. This is the lowest energy province of the atom. If an negatron is excited ( such as by an electric current in a neon tubing ) it will absorb a specific photon and move to a higher energy orbits or ââ¬Å" aroused provinces â⬠.Because energy in an atom is ââ¬Å" quantal â⬠, the negatron can merely travel to specific energy provinces ; most energy provinces are out. Each set of orbits for every component and compound is different from every other set. When an negatron in an component in a low-pressure gas province absorbs a photon of visible radiation it becomes excited, and it moves to a higher electronic energy province. Then it will spontaneously fall back to the lowest energy province possible, breathing the exact same wavelength photon it absorbed. Because merely distinct energy provinces are allowed, merely a few photon s will excite the negatrons. Disintegrating back to the lowest energy province produces merely a few photons. Three homocentric circles about a karyon, with an negatron traveling from the 2nd to the first circle and let go ofing a photon This is an emanation spectrum. Since the wavelength is precise, the exact energies of the orbits are known from: Tocopherol = hc/l. After its excited the negatron will drop to a lower energy province by breathing a photon of precisely the same wavelength it absorbed. When it does that we can see the photon as a specific coloured line in the spectrum. EMISSION SPECTRA is the easiest spectra to analyze in the lab, but it is seldom found in stars. Some interstellar clouds and active galaxies have emanation spectra. EVERY ELEMENT AND EVERY MOLECULE HAS A DIFFERENT SPECTRA! The spectra from an unknown sample can be used to find all the elements and molecules within the sample. When there are many elements, near together, the energy degrees of the person atoms are spread out into energy sets. This consequences in a uninterrupted spectrum. Yet, Bohr ââ¬Ës theoretical account failed to account for the comparative strengths of the spectral lines and it was unsuccessful in explicating the s pectra of more complex atoms. In 1924, Austrian physicistA Wolfgang PauliA observed that no more one negatron can busy the same quantum energy province. Therefore, the Pauli exclusion rule provinces that no two negatrons in an atom may busy the same energy province. Each negatron has an single ââ¬Å" orbit â⬠. These orbits are ruled by quantum mechanics. Chemical bonds between atoms were explained byA Gilbert Newton Lewis, who in 1916 proposed that aA covalent bondA between two atoms is maintained by a brace of negatrons shared between them.A Adhering between elements As with all atoms, negatrons can move as waves.It is impossible to detect both belongingss at the same clip in the same moving ridge. Einstein ââ¬Ës photoelectric experiment besides proved this dichotomy. Thomas Young ââ¬Ës dual slit experiment shows this wave-particle dichotomy, besides turn outing that visible radiation was a moving ridge. This experiment had profound deductions, finding most of 19th century natural philosophies and ensuing in several efforts to detect the quintessence, or the medium of light extension. Though the experiment is most noteworthy with visible radiation, the fact is that this kind of experiment can be performed with any type of moving ridge, such as H2O. Inactive Fieldss = imaging ( MRI, etc ) The history of negatrons has been a huge series of different doctors happening little spots of information about this unknown atom. If it were non for these finds of the belongingss of the negatron, we would non cognize how electric Fieldss work, the utilizations of a cathode beam, how elements bonded, the capablenesss of energy that come from atoms, and practical applications such as imaging. It would be good to research more on negatrons and be portion of the find as other doctors have done. Plants Cited Page Anderson, David L.A The Discovery of the Electron. New York: Arno, 1981. Buchwald, Jed Z. , and Andrew Warwick.A Histories of the Electron: the Birth of Microphysics. Cambridge, Mass. : Massachusetts institute of technology, 2001. Davis, Edward Arthur. , and Isobel J. Falconer.A J.J. Thomson and the Discovery of the Electron. London: Taylor A ; Francis, 1997. McQuarrie, Donald A. , and John D. Simon.A Physical Chemistry: a Molecular Approach. Sausalito, Calif. : University Science, 1997. Parker, Barry R.A Albert Einstein ââ¬Ës Vision: Remarkable Discoveries That Shaped Modern Science. Amherst, N.Y. : Prometheus, 2004. Tipler, Paul Allen, and Gene Mosca.A Physics for Scientists and Engineers. 6th erectile dysfunction. New York, NY: W.H. Freeman, 2008. Weinberg, Steven.A The Discovery of Subatomic Particles. Cambridge, UK: Cambridge UP, 2003. How to cite Electrons The Building Blocks Of Science Environmental Sciences Essay, Essay examples
Sunday, May 3, 2020
Financial Analysis of Balckmores Ltd.
Question: Discuss about the Financial Analysis of Balckmores Ltd. Answer: Introduction The investors make decision about investment, lenders have to decide about lending, creditors decide to give material on credit, and the government levies taxes. Therefore, the information contained in the financial statements becomes crucial for all the stakeholders such as shareholders, lenders, creditors, and the government (Gibson, 2012). In the report presented here, the analysis of the financial performance of Blackmores Ltd has been carried with the use of information extracted from the financial statements. Overview of Blackmores: Firms Strategy and Prospects Blackmore, headquartered in Australia, is engaged in developing, marketing, and selling the health products in Australia and New Zealand and in many Asian countries since 1930 (Blackmore Limited, 2016). The companys mission is to improve peoples lives by delivering the best quality products and reaching to as many places it could. With this mission, the company has expanded its operations over the years and now has a presence in China, Thailand, Malaysia, and Singapore also. In order to produce highest quality of products, the company adopts the strategy to use the best quality raw materials (Annual Report of Blackmores, 2015). The company strives to achieve hundred percent customer satisfactions from the use of the products sold by the company. The companys growth prospects are high because of strong brand image and concentrating on the offshore expansion in the upcoming years. Financial Analysis of Blackmores The financial analysis is the process in which the companys profitability, stability, and future growth prospects are evaluated. In order to analyze, the financial performance, the information is extracted from the financial statements such as income statement, balance sheet, cash flow statement and notes forming part of the financial statements. Further, the information contained in the auditor report and the directors report is also crucial in analyzing the financial performance of a company (Nikolai, Bazley Jones, 2009). All these sources of information can be found at one place that is called annual report. The annual report of a company contains not only the financial information but also the auditors report and the directors report. The analysis of the financial performance and the position is carried by applying certain tools and techniques with the use of information collected from the financial statements. The most commonly used tools in evaluation of the financial performance are ratio analysis, and vertical and horizontal analysis. The ratio analysis helps to analyze the profitability and operational efficiency and the vertical and horizontal analysis assists in evaluating the trend (Weygandt, Kimmel, Kieso, 2009). The financial performance and position of Blackmores have been analyzed by applying these tools in the sections given below. In order to analyze the trend, horizontal analysis has been performed on the income statement and the balance sheet of the company as depicted in the appendix-1. In this analysis, the financial year 2013 has been taken as base for analyzing the performance of the financial year 2015. Figure 1: Revenue growth of Blackmores Figure 2: Growth in Net Profit of Blackmores The results of the analysis depict that the revenues of the company has grown by 44.34% over the period of three years. Further, the gross profits and net profits of the company have increased by 47.25% and 88.00% respectively (Appnedix-1). The growth in revenues and profitability achieved by the company in three years time period indicates high growth prospects in the upcoming years. Further, in respect of assets it has been observed that the total assets of the company are up by 26.84%, whereas, the total liabilities have gone up by 20.30% (Appnedix-1). The increment in the assets is greater than the increment in the liabilities, thus, it could inferred that the financial position of the company is good. Additionally, a 35.71% increase in the equity also signifies good financial position and performance of the company over the period of three years (Rich et al., 2012). In addition to the horizontal analysis, the ratio analysis has also been carried out to gauge the financial performance and position of Blackmores in more detail (Ehrhardt Brigham, 2016). The net profit margin, gross profit margin, and return on equity shows an increasing trend indicating good financial performance. The net profit margin was 7.65% in the year 2013, which increased to 9.96% in the year 2015. The gross profit ratio increased to 68.01% in the financial year 2015 from 66.67% in the year 2013 (Appnedix-2). The increment in the net profit margin and gross profit margins also indicate the operational efficiency due which the expenses have been saved. In regard to the liquidity position, current ratio shows a diminishing trend over the period of two years. The current ratio of 2013 was 2.76 times while that of 2015 was observed to be 1.63 times (Appnedix-2). The downfall in the current ratio indicates deterioration in the liquidity position (Ehrhardt Brigham, 2016). Further, to evaluate the solvency position of the company, debt to equity ratio has been computed (Ehrhardt Brigham, 2016). Debt to equity ratio also shows a downward trend, which shows reduction in the total debt as a proportion to the total equity. In the year 2013 the debt equity ratio was observed to be 1.36 times, which decreased to 1.20 times in the year 2015 (Appnedix-2). The decrease in the debt equity ratio indicates that the company is becoming self dependent for finance; however, very low debt ratio may affect the profitability of the company adversely due to low leverage (Ehrhardt Brigham, 2016). As regard operational efficiency, the inventory turnover, accounts receivable to turnover, and assets turnover ratios have been computed (Ehrhardt Brigham, 2016). The inventory turnover ratio was observed to be 8.18, 8.90, and 12.10 times for the financial years 2013, 2014, and 2015 respectively (Appnedix-2). The trend shows an increase in the inventory turnover ratio over the period of three years, which is indicative of good operational performance of the management. However, the accounts receivables days show increase as well, which is unfavorable for the business because the funds are blocked in receivables. In the financial year 2013, the accounts receivable days were observed to be 71 days, which increased to 83 days in the financial year 2015 (Appnedix-2). Further, the asset turnover ratio has also been observed to be increasing over the period of three years. In the financial year 2013, the asset turnover ratio was 1.42 times, while it increased to 1.61 times in the financia l year 2015. The increment in the assets turnover ratio indicates that the management has been able to utilize the assets more profitably in the year 2015 (Ehrhardt Brigham, 2016). Overall, based on the results of horizontal analysis and the ratio analysis, it can be articulated that the financial performance and position of the company has improved over the period of three years. Limitations of Ratio Analysis Although ratio analysis is a useful tool in evaluating the financial performance and position of the business but it has certain limitations (Grier, 2007). The ratio analysis is conducted based on the information and data gathered from the financial statements, which are prepared on historical cost basis. The historical cost basis adopted in preparation of the financial statements may not portray true picture of the business, thus, the results of the ratio analysis may be misleading in the certain cases. Further, the financial statement s are prepared using different accounting policies, thus, the figures in the financial statements may change just due to different accounting policy being adopted. In addition to this, the ratio analysis only provides quantitative analysis but the qualitative analysis is also crucial in assessing the financial performance of the business (Grier, 2007). Usefulness of the Annual Report and the information Contained Therein All the listed public companies in Australia are required to get the annual report prepared and submit that to the Australian Securities and Investment Commission for each year showing the particulars of business and other essential activities carried out by the company (Annual report of Blackmores, 2013). The annual report contains full financial information and highlights the achievements of the company, which is important for the investors to witness. Further, the investors require crucial information regarding the future prospects and the courses of action that the company is going to take in the upcoming years. This information can be taken from the directors report contained in the annual report of the company. Therefore, the information and data contained in the financial statements assist the investors in taking prudent investment decision (Sander Haley, 2011). Further, the reservations and comments of the auditors on the financial statements of the company are also importan t for the investors, which can be taken from the auditors report contained in the annual report. Conclusion From the discussion in this report, it can be concluded that the investment decision should be made by thoroughly analyzing the financial performance of the company. In order to analyze the financial performance, the information can be extracted from the financial statements and the annual report. The annual report is the most important source of information for the potential investors. References Gibson, H.C. (2012). Financial reporting and analysis. Cengage Learning. Blackmore Limited. (2016). Worldwide company profile. Retrieved August 24, 2016 from https://listofcompanies.co.in/blackmores-limited/ Nikolai, L.A., Bazley, J.D., Jones, J.P. (2009). Intermediate accounting update. Cengage Learning. Weygandt, J.J., Kimmel, P.D., Kieso, D.E. (2009). Managerial accounting: tools for business decision making. John Wiley Sons. Rich, J., Jones, J., Mowen, M., Hansen, D. (2012). Cornerstones of Financial Accounting. Cengage Learning. Ehrhardt, M.C. Brigham, E.F. (2016). Corporate Finance: A Focused Approach. Cengage Learning. Grier, W.A. (2007). Credit Analysis of Financial Institutions. Euromoney Books. Sander, P.J. Haley, J. (2011). Value Investing For Dummies. John Wiley Sons. Annual Report of Blackmores. (2015). Retrieved August 23, 2016 from https://flipflashpages.uniflip.com/2/41140/355972/pub/document.pdf Annual Report of Blackmores. (2013). Retrieved August 23, 2016 from file:///C:/Users/Abasus%20Solution/Downloads/Blackmores%20Annual%20Report%202013.pdf
Friday, March 27, 2020
Multinationals Corporations free essay sample
Multinational corporations (MNCââ¬â¢s) also known as International Corporation, transnational corporation, global corporation and many more. Due to the political changes that have occurred during the years, the opportunities for multinationals corporations have increased considerably. As a fact multinationals corporations are growing with rapidity. For example in Mauritius we have KFC, Mac Donaldââ¬â¢s, Pizza hut which are all multinationals and have branches throughout the island. According to the United Nations a multinational corporation is an enterprise which owns or controls production or service facilities outside the country in which it is based. In the words of W H Moreland, Multinational Corporations or Companies are those enterprises whose management, ownership and controls are spread in more than one foreign country. Thus a multinational company carries on business operations in two or more countries. Its headquarters are located in one country (home country) but its activities are spread over in other countries (host countries). We will write a custom essay sample on Multinationals Corporations or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The transnational corporation as it is known today, however, did not really appear until the 19th century, with the advent of industrial capitalism and its consequences: the development of the factory system; larger, more capital intensive manufacturing processes; better storage techniques; and faster means of transportation. During the 19th and early 20th centuries, the search for resources including minerals, petroleum, and foodstuffs as well as pressure to protect or increase markets drove transnational expansion by companies almost exclusively from the United States and a handful of Western European nations. Sixty per cent of these corporations investments went to Latin America, Asia, Africa, and the Middle East. Fuelled by numerous mergers and acquisitions, monopolistic and oligopolistic concentration of large transnationalsââ¬â¢ in major sectors such as petrochemicals and food also had its roots in these years. The US agribusiness giant United Fruit Company, for example, controlled 90 per cent of US banana imports by 1899, while at the start of the First World War, Royal Dutch/Shell accounted for 20 per cent of Russias total oil production. Demand for natural resources continued to provide an impetus for European and US corporate ventures between the First and Second World Wars. Although corporate investments from Europe declined somewhat, the activities of US TNCs expanded vigorously. In Japan, this period witnessed the growth of the zaibatsu (or financial clique) including Mitsui and Mitsubishi. These giant corporations, which worked in alliance with the Japanese state, had oligopolistic control of the countrys industrial, financial, and trade sectors. The characteristics and features of Multinational Corporations (MNCs). The distinctive features of multinational companies are as follows. 1. Large Size: A multinational company is generally big in size. Some of the multinational companies own and control assets worth billions of dollars. Their annual sales turnover is more than the gross national product of many small countries. 2. Worldwide operations: A multinational corporation carries on business in more than one country. The MNCs operate in many countries with multiple products on large scale. A MNC may operate both manufacturing and marketing activities in a number of countries. Some MNCs operate in several countries, whereas, others may operate in a few countries. Mostly MNCs from developed countries dominate in the world markets. Multinational corporations such as Coco cola have branches in as many as seventy countries around the world. 3. International management: The management of multinational companies are international in character. It operates on the basis of best possible alternative available anywhere in the world. Its local subsidiaries are managed generally by the nationals of the host country. For example the management of Hindustan Lever lies with Indians. The parent company Unilever is in The United States of America. The Parent company works like a holding company. The subsidiary companies are to operate under control and guidance of parent company. The subsidiaries functions as per the policies and directions of parent organization. 4. Mobility of resources The operation of multinational company involves the mobility of capital, technology, entrepreneurship and other factors of production across the territories. 5. Integrated activities A multinational company is usually a complete organisation comprising manufacturing, marketing, research and development and other facilities. MNCs undertake both Manufacturing and Marketing Activities and they are predominantly engaged in hi-tech and consumer goods industries. Majority of the MNCs are engaged in pharmaceutical, petrochemicals, engineering, consumer goods, etc. 6. Several forms A multinational company may operate in host countries in several ways i. e. , branches, subsidiaries, franchise, joint ventures. Turn key projects. 7. Origins. The development of MNCs dates back to several centuries, but their real growth started after the Second World War Majority of the MNCs are from developed countries like U. S. A, Japan, UK, Germany and European countries. In recent years MNCs from countries like Korea, Taiwan, India, China, etc. are operating in the world markets. 8. Profit Motive. MNCs are profit oriented rather than social oriented. Such corporations do not take much interest in the social welfare activities of the host country. 9. Quality Consciousness MNCs are quality and cost conscious and managed by professionals and experts. They have their own organization culture and systems. MNCs believe in the concept of total quality management. Aims of multinational corporations Multinational companies make investments in different countries with the following aims. (a) To take tax benefits in host countries; (b) To exploit the natural resources of the host country; (c) To take advantage of Government concessions in host country; (d) To mitigate the impact of regulations in the home country; (e) To reduce cost of production by making use of cheap labour and low transportation expenses in the host country. (f) To gain dominance in foreign markets; (g) To expand activities vertically. Advantages of multinationals corporations. The merits of a multinational corporation may be enumerated as follows: 1) Costs Controls. Operating overseas can take advantage of lower labor costs in the same way as outsourcing, while allowing greater supervision and control to ensure quality. A multinational corporation can also benefit from reduced transportation costs. For example, a jewelry company could save money by setting up a branch in a country with gold mines, making rings locally, then shipping them to the home country for retail, rather than shipping the gold to the home country for local manufacture. Multinational corporations carry on operations on a large-scale, which ensure economics in material, labour and overhead costs. 2) Taxations. Having operations in multiple countries may allow the company to take advantage of tax variations. The company could place its business officially in the country with the lowest tax rates, even if management is elsewhere. Running a multinational corporation can help the business benefit from the tax systems of countries that require the company to have a physical presence to benefit from low rates, rather than simply operate a shell or paper company. 3) Consumer benefits. A multinational corporation that benefits from both low production costs and low taxes should be able to make increased profits while reducing prices, which benefits consumers. The company may also have access to knowledge and skills in multiple countries that could help it produce better products. 4) Research and development activities. Developing countries lack in research and development areas. Expenditure on research and development is essential for the promotion of technology. Multinational corporations have greater capability for research and development activities in comparison to national companies. Multinationals survive in the international market through their advanced research and development activities. 5) Far-reaching effects on the economic, social and political conditions of the host country. Multinational corporations provide a number of benefits to the host country in the form of (a) Economic growth; (b) increased profits; (c) Developing of new products; (d) Reduced operational costs; (e) Reduced labour costs; (f) Changing social and political structure, etc. Thus, it helps in the exploitation of resources of host countries for their own economic advancement. ) Product innovation Multinational corporations have research and development departments engaged in the task of developing new products, diversification in the product line, etc. Their production opportunities are far greater as compared to national companies. 7) Marketing superiority Multinational corporations enjoy market reputations and face less difficulties in selling their products by adopting effective adv ertising and sales-promotion techniques. 8) Financial superiority Multinational corporations generate funds in one country and use such funds in another country. They have huge financial resources at their disposal as compared to national companies. Moreover, multinational corporations have easier access to external capital markets 9) Technological superiority Multinational corporations can participate in the industrial development programmes of underdeveloped countries because of their technological superiority. They can produce goods having international standards and quality specifications by adopting the latest technology. Generally, multinationals transfers technology through joint venture projects. 0) Potential source of capital and advanced technology Economically backward countries invite multinational corporations as a potential source of capital and advanced technology to generate economic growth and to create employment opportunities. 11) Expansion of market territory Multinational corporations enjoy extension of activities beyond the geographical boundaries of their countries. Multinational corporations can enhance their internati onal image by expanding their operations activities. 12) Creating employment opportunities Increase in the scale of operations results in more job opportunities. The entry of multinational corporations helps in creating employment opportunities in production and marketing activities. Disadvantages of multinational corporations. The possible disadvantages of a multinational investing in a country may include: 1) High Profit Low Risk Investment The multinational company prefers to invest in areas of low risk and high profitability. Issue like social welfare, national priority etc. have less priority on their agenda. Mostly they invest in consumer goods industry. 2) Interference in Political Matters. The multinational company from developed countries interferes in the political affairs of developing nations. There are many cases where multinational company has bribed political leadership for their own economic gains. Multinational investment can be very important to a country and this will often give them a disproportionate influence over government and other organizations in the host country. Given their economic importance, governments will often agree to changes that may not be beneficial for the long-term welfare of their people. 3) Create Artificial Demand. These companies create artificial and unwarranted demand by making extensive use of advertising and ales and promotion techniques. 4) Exploitation. These companies are financially very strong and adopt aggressive marketing strategies to sale their products, adopt all means to eliminate competition and create monopoly. 5) Technological Problem Technology they use is capital intensive so sometimes that technology does not fully fit in the needs of developing countries. Also, multinational company is criticized for transferring outdated technology to developing countries. 6) Foreign Exchange go outside the Country The working of multinational company is a burden on the limited resources of developing countries. They charge high price in the form of commission and royalty paid by local business subsidiary to its parent company. This leads to outflow of foreign exchange. 7) National Threat. Sometimes outdated technology is used by domestic industries which hamper the quality and price of their products so they cannot compete with those multinational company. Hence, there is a threat of nationwide opposition to multinational company. Arrival of these companies creates an atmosphere of uncertainly to the domestic industries. 8) Cultural and social impact Multinational company imposes their culture on developing countries. Along with the products they also indirectly impose the culture of developed nations. These companies have imposed the culture of fast food and soft drinks onto the developing nations. For examples: burger and coke. Large numbers of foreign businesses can dilute local customs and traditional cultures. For example, the sociologist George Ritzer coined the term McDonaldization to describe the process by which more and more sectors of American society as well as of the rest of the world take on the characteristics of a fast-food restaurant, such as increasing tandardization and the movement away from traditional business approaches. 9) Environmental impact Multinationals will want to produce in ways that are as efficient and as cheap as possible and this may not always be the best environmental practice. They will often lobby governments hard to try to ensure that they can benefit from regulations being as lax as possi ble and given their economic importance to the host country, this lobbying will often be quite effective. 10) Transfer pricing. Multinationals will always aim to reduce their tax liability to a minimum. One way of doing this is through transfer pricing. The aim of this is to reduce their tax liability in countries with high tax rates and increase them in the countries with low tax rates. They can do this by transferring components and part-finished goods between their operations in different countries at differing prices. Where the tax liability is high, they transfer the goods at a relatively high price to make the costs appear higher. This is then recouped in the lower tax country by transferring the goods at a relatively lower price. This will reduce their overall tax bill. 11) Access to natural resources. Multinationals will sometimes invest in countries just to get access to a plentiful supply of raw materials and host nations are often more concerned about the short-term economic benefits than the long-term costs to their country in terms of the depletion of natural resources. 12) Export of Profits Large multinational are likely to repatriate profits back to their home country, leaving little financial benefits for the host country. Conclusion. A multinational corporation/company is an organisation doing business in more than one country. In other words it is an organisation or enterprise carrying on business in not only the country where it is registered but also in several other countries. It may also be termed as International Corporation, global giant and transnational corporation. Like every concept multinational corporations (MNCs) also have certain advantages as well as some disadvantages both to the host country and the home country.
Friday, March 6, 2020
OPTUS on Facebook
OPTUS on Facebook Introduction Communication is extremely vital in information dissemination and thus many companies rely heavily on it for clientele outreach (Fielding, 2006). The quest for efficiency, therefore, becomes a major concern for many businesses when choosing the right forms of communication in order to maximize effectiveness and wider market reach.Advertising We will write a custom report sample on OPTUS on Facebook specifically for you for only $16.05 $11/page Learn More This dictates the need for market understanding and clientele destinations so that the chosen communication media can easily reach the targeted clientele at the right time (Nielsen, 2008). This implies that there has to be a lot of care in media selection for maximum output. In return, this will ensure that the set objectives are achieved within a given time frame. Needless to say, an effective communication platform is an integral requirement for business growth and profitability. While market expansion entails maintaining long term relationship with current clients and acquiring new ones, there is need to select the most effective communication models and the right communication channels for message deliveries and propagating the ideals of a business (Capelin, 2004). In most cases, one way communication is preferred but with the advent of new technology amidst a supportive business environment, it has become unavoidable necessity for feedback information regarding on-way statics and thus there is possibility that organizations can get information regarding the number of recipients of their one-way sent communication. Therefore, this improves a companyââ¬â¢s influential judgment on choosing the right medium of communication. With diversity in information systems, different forms of communication that present suitability in several forms are readily available in the contemporary business world (Capelin, 2004). This therefore forces any communication type to put into con sideration the form that has to be relayed to respective stakeholders. The contact media also plays vital role in determining communication type to be employed in message relaying. For instance, in order to relay information through a visual communication system, it is required that the information form be either pictorial or in video form. Likewise, Fielding (2006) argues that using audio communication systems would require the use of audio messages and in the same way, published media will automatically require written messages or pictorial compositions. Electronic media can sometimes combine all of these information forms and relay them using one medium. However, suitability and reliability of the medium chosen will depend on area of coverage and the number of loyal subscribers to that medium of communication.Advertising Looking for report on business communication? Let's see if we can help you! Get your first paper with 15% OFF Learn More The higher the n umber of subscription in a communication medium and the larger the area of coverage, the favorable the medium itself for use as an agent of message dispatch. Since Optus is a multinational company that is based in Australia but still under expansive plans, there is urgent need to employ different and most appropriate channels of communication which will attract new customers and still retain the existing ones (Smith, 2009). With roughly more than ten products and services and while dominating the Australian market share in its category, Optus Solutions Ltd will seek to trap new markets outside the country and beyond the Australian continent in order to increase its capital base. The already successive expansive attempt into the Asian markets is yet another opportunity for the company. Optus is seeking to cross borders to capture new markets and maintain its dominance in the Information and Communication Technology industry. Purpose of the report The purpose of this report was to exa mine if the choice by Optus Solutions Ltd to use facebook as a medium of communication between the company and potential clients in its attempt to make further expansions was the best choice in achieving its objectives. Furthermore, the report was supposed to offer recommendations on the choice of media of communication for the company alongside other communication strategies that Optus should employ for optimum reach to its clients. Additionally, recommendations were to focus on effective communication strategies for the Optus Company even as it endeavors to expand. Scope While examining if facebook was the right and most effective media for use by Optus solutions Ltd in communication aimed at marketing, it was important to consider its use for new products and services advertisements and the future expansions and awareness rate of the facebook media. On the same note, it was also important to consider the efficiency of the media chosen by this company for its expansion purposes. M ethod Much of the information used in this report was largely collected from various sources. These included consultations, totally sovereign review of the company information from its own website, business oriented websites as well as facebook information available on this company in regard to expansion and communication in regard to attracting new customers and keeping existing ones. Additional information was also obtained from direct online survey of potential customers outside Australian region. This catered for additional information regarding knowledge of the company and its products. This information was gathered and documented for use in the report to determine if the company was using the right channels and media of communication to reach existing and potential new customers to the company.Advertising We will write a custom report sample on OPTUS on Facebook specifically for you for only $16.05 $11/page Learn More Online interviews were carried ou t to establish if all people living in the Australian continent were really aware of the company, its products and services before it embarked on its expansive plans. Same procedure was followed as above and all the information collected tabulated to analyse the awareness of the people regarding the company. Limitations In carrying out the online interviews, some respondents were unwilling to spare time for the interview citing reasons such as ââ¬Ëwastage of their special timeââ¬â¢ in response. Others could not present truthful information and thus some biasness in the information collected about the company. Locating the exact information about the company and its choice of forms of communication to reach its targeted population was extremely hard and thusmyriad of assumptions were inevitable in the writing of this report. Lots of information regarding the daily operations of this company is either kept highly confidential or the company does not provide the details of its da ily running and this was a great limitation in determining the exact statistical information needed for analysis. Assumptions It has been greatly assumed that the information available on websites and facebook regarding Optus Solutions Ltd is all accurate and thus largely used in the analysis and evaluation of communication strategies of the company. This information will enable the determination of the effective types of communication employed by Optus in reaching its targeted audiences. It has also been greatly assumed that all the information collected online from sources in the Australian peninsula is nothing but accurate information and thus has also been extensively used in the analysis and evaluation of the company as regards communication strategies and expansive plans. Thirdly, it has been also assumed that the products shown on the Optus website page of products and services are entirely the only products and services the company has to offer to customers in the Australian regions and beyond its borders. These products will be singly evaluated in the given regions; that is in Australia, Philippines and the Indian markets for determination of the ability of the company to venture into new markets in respect to effective communication (Capelin, 2004). Since every company uses a strategic medium in its effective communication to targeted audiences, it has been heavily assumed too that Optus Solutions Ltd is extensively using facebook as the strategic medium in its expansion efforts. This information available on facebook regarding the company and its products will entirely be used to promote the company in display and advertising of its products and services and present an effective communication tool by the company.Advertising Looking for report on business communication? Let's see if we can help you! Get your first paper with 15% OFF Learn More Background Optus is one of the largest telecommunication providers in the Australian region, fully owned by a Singaporean company called Singapore Telecommunications. Its Optus brand is its major brand under which it trades but has also other subsidiary brands that it owns which operate under different names and these include, Boost Mobile, and Virgin M. Australia, which operate in the telephone industry, Alphawest in the ICT industry and in others in the network industry like Uecomm. Initially this company was fully owned by the government and was known under a different operating brand name which was Aussat Pty. It underwent a rebranding thus changing its name to Cable and Wireless Optus Pty that lasted for a period before another rebranding to its present brand name Optus. With successful rebranding, this company has undergone multiple transitions and in the process gained and lost potential clients in the process of rebranding since some clients are not information conscious. Th e company owns a large portion of the fixed telephony services in the region with commercial POTS that represent its ability to serve the local and international regions, that is, it is able to reach the local and distant regions. It also owns commercial voice over internet protocol, voice over DSL and intelligent network applications. In the mobile telephony industry, it covers the largest share in the market by owning a GSM and GPRS service that covers almost all the Australian population- approximately ninety seven percent of the total population. It also has a great 3G and HSPA service industry that covers approximately more than ninety seven point three percent of the total population of Australia. It again owns the satellite telephony industry that covers the whole of the country. Besides the telephony industry, the company owns other services in the internet provision industry which include Residential Dial-Up services that expand in all the states, residential Broadband inte rnet services which are run through a cable system and DSL that span in all the states except the northern regions. It also has satellite internet services that it runs through its geostationary satellites, a secure gateway services that are specially offered to the national government and commercial internet access. In addition there is also cable television known as Optus television provided in the largest cities of the country. It also has data transmission services and other services offered through leased lines. Its terrestrial infrastructure spans over the largest cities of Australia, its satellite infrastructure spanning through the regions of geostationary satellites, the international earth points of geostationary satellites and the national earth stations in major cities in Australia. The company has a customer access base network of major cities including Sydney, Brisbane, Canberra, Wollongong and Adelaide to name just but a few. Other accessible regions include regions w here the company is able to provide coaxial cables. In other words the company has the ability to reach the whole market of Australia since accessibility is possible everywhere within the country for the diverse products and services it offers (Smith, 2009). The company announced its international expansion plans in the year two thousand and three and a year later, it was able to launch a short messaging service that could reach more than ninety countries worldwide. This was its clear move towards internationalization but then no clear communication strategy was shown in regard to the expansion and how the markets had been acquired. Today the company looks forward to making further expansions in the mobile telephony industry into other countries of the world including the Asian region and the African peninsula. Findings According to data and information available on facebook, the following tabulated report was drawn. This took into consideration all the products and services that th e company offers and their status on facebook as a media of effective communication for purposes of retaining and acquisition of new customers in its expansion endeavor. Although most products could not be found on facebook, the results had to constitute each and every product of the mother company since effective promotional strategies through effective communication has to happen in every department and thus each product undergoes the same effect. Optus products and services as shown on facebook pages Product present on facebook likes dislikes Company yes 52,284 Not shown Mobility No N/A N/A Network yes 0 0 Enterprise communication No N/A N/A Satellite yes 3 0 Security yes not shown not shown Global yes 50 0 Discussion Australia by itself alone is a country with a population of more than twenty two million people and out of these, more than ten million people- reflecting more than forty five percent, have signed up for facebook accounts. This is a translation o f approximately half the Australians on facebook but as evident from the above results, it is extremely clear that Optus popularity on facebook is extremely low. Being a multinational company that operates in the whole of Australia and being one of the largest telephony providers in the region, the company has only managed to gallon a whopping total of only 52,284 likes from its existing and or potential customers (Jones, 2010). This represents a shockingly low popularity level for a company brand like Optus. This implies that its communication strategies are not fruitful or the facebook communication strategy in not highly effective. This is also indicated by the presence of one of its services, that is, networking as a service also has shockingly low number of likes; an indication of unpopularity. The satellite service has as well received a tremendously low popularity on facebook; another clear indication of extremely low popularity. Products which include, Mobility, Enterprise c ommunications, Global and ââ¬ËTelepresenceââ¬â¢ were conspicuously absent on facebook implying nonstrategic efficiency in communication (Fielding, 2006). Optus company brand on facebook page consisted of graphical image with persuasive writings on it, encouraging new and old customers to participate in liking the company and finding the key master company for a chance to win a trip. This is a marketing strategy which reflects likings from hopeful winners and thus, not people who really like the company. Basing on this, the company was trying to woo potential clients and thus the likes also represent people who even do not know Optus or have never used any one of its services. Although this strategy works in marketing for its expansive endeavors, actual reflection of potential customers in the internationalization efforts is not clear. The other products and services on the facebook page did not have any graphical or pictorial compositions but only word messages. This shows tha t the company did not use effective communication types like visual on the given media to communicate to its existing customers and attract new ones. Nielsen (2008) points out that effective communication embodies the use of all the four types of communication whereby visual communication has the greatest intensity followed by verbal or audio communication. Not denying the fact that the company uses these in its routine communication practices, they are scantly available on facebook and thus an implication of failure of communication. Failure of other productsââ¬â¢ presence on facebook is a direct indication of failure of utilization of highly potential media in effective communication to various stakeholders- another landmine of poor communication skills (Capelin, 2004). Facebook is the most famous tool in social media and with more than eight hundred million subscribers and more than ten million Australians. This is an indication of enormous potential in facebook in communicati on since old and potential clients are found here. Recommendations and implementations Optus as a company with diverse products and services need to utilize effective communication skills to keep and acquire new clients (Nielsen 2008). The emergency of facebook as a social media provided the greatest potentials for extensive communication between individuals and companies. This thus should have been one of the best tools the company should use to make effective and transparent communication between stakeholders. The use of wall posts and other visual and responsive media on facebook should have been a priority. Traditional forms of communication which include radio and television should increase the familiarity of in the home environment (Gibson, 2008). Thus employment of visual and pictorial compositions on facebook and the launch of other products and servicesââ¬â¢ facebook profiles will greatly help in increasing the popularity of facebook. This should take place with immediat e effect with awareness campaigns in order for all stakeholders to be aware of any changes in product progresses. This would be the utilization of effective communication skill in presentation of relevant information to all stakeholders. Conclusion From the discussion above, it is clearly evident that Optus as a company had not utilized facebook as a media of communication for effective communication to various stakeholders. Australia by itself alone is a country with a population of more than twenty two million people. Out of the total population, about 45 percent are currently using facebook as their preferred social site as well as means to reach out for friends and other acquaintances. This implies that the company could greatly benefit from utilizing facebook as one of the channels of communication. Furthermore, Optus has a very strong presence on the physical environment with a familiarity percentage ranging close to 90 percent. On the other hand, it commands a tiny 3 percent on face book. The fact that the Australian population using population is relatively large implies that the company has been losing huge profits due to the unreached clientele base. This is a reflection of failed utilization of potential communication media in carrying out effective communication and hence marketing of the company. Other products and services such as satellite service have equally received tremendously low popularity on facebook. Needless to say, this may be yet another clear indication of extremely low popularity of the company especially on the bulk of the population. Others which include, Mobility, Enterprise communications, Global and ââ¬ËTelepresenceââ¬â¢ just to mention a few were conspicuously absent from facebook (Jones, 2010). If such services are not firmly in place and worst of all, not recognized by the target, then it implies that the given company is by far and large, employing nonstrategic efficiency in communication. Failure of other productsâ â¬â¢ occurrence on facebook is a straight indication of failure of exploitation of highly potential media in effective communication to a range of stakeholders- an additional landmine of poor communication skills. Facebook is the most well-known tool in social media and with more than eight hundred million subscribers and slightly above ten million Australians. Indeed, it is a clear indication that facebook as a social utility presents numerous and potential opportunities to the business world such that proper utilization of the facility can indeed boost returns and profitability of a business entity. References Capelin, J. 2004. Communication by design: Marketing professional services. Atlanta: Greenway Communications. Fielding, M. 2006. Effective Communication in Organizations, Cape Town: Lansdowne Ltd Gibson, B. 2008. Case study report, Melbourne: Monash University. Web. Available fromà https://www.monash.edu/rlo Jones, S. 2010, Optus Facebook Page. Web. Available fromà ht tps://www.facebook.com/optus Nielsen, J. 2008. Effective Communication Skills, New York: Xlibris Corp. Smith, S. 2009. Telepresence managed. Web. Web.
Wednesday, February 19, 2020
Relationships Essay Example | Topics and Well Written Essays - 1500 words
Relationships - Essay Example Whole of her life she had to burn in the desire to unite with her lover and also had to see her lover with someone else .This pain was killing her inside, but she found no way to express her despair and distress to anyone and kept everything to herself. Celie on other hand is a black woman, who had to undergo sexual assault from the hands of her step father and feel dejected and exploited at her own home. Moreover, she had lost her children from her step- father and had to undergo the agony of a mother who lost her children .She was then married to a man called Albert who also disrespectful towards her and abused her greatly which left a black mark on her mental and physical health. She felt being victimized by men in all phases of her young life and wanted to escape from this traumatizing environment. How are Tita and Celie are different? Tita is naive and loving Mexican girl who is submissive and head over heels in love with her neighbor. All she wanted in her life was the love of her lover but was finding her mother as an obstacle to possess him. Tita is a delicate woman and had no expression of feminine strength and endurance to suffer all the pain and agony she was going through because of her lost love. She has her charms but she is not able to do anything because of the restriction she faced from her mother. She has been asked to serve her mother till death and forbidden from marrying her lover. She is very romantic and creative but loses her identity because of her arrogant and self ââ¬â centered mother. Tita achieves the union with her lover very late in her life and also loses him the very day they became physically close. Celie is a black woman who has not seen the happier side of life, since her childhood. She actually does not have any self confidence or self ââ¬â identity. She was subject to oppression from men since her childhood and also had to bear children from sexual assault. She lost trust in herself and had no hope in life and the o nly relief she had the love she had for God. She also got married to a man she never loved and had to be a victim of abuse and assault from him too. Through all these bad experience she lost her self confidence and her sexuality and felt that she had no dreams and hopes from life. But later with the help of her friend, she realizes that she had lot more strength and will power left in her to bring back positive changes in her life. She molds herself to be independent business women and regain the power as well established black women that most of women desired for. Elements Tita and Celie needed to be Stronger Tita is a young woman who has no moral or emotional support from anyone in her family or outside. She should have fought with her mother to acquire her lover as her mother was being cruel and ignorant to her. She should have developed some courage to speak for herself and obtain what she wanted most in her life. Being naive and innocent is not a bad quality but being suppresse d and exploited is also not a quality worth praising. A woman should be strong and determined enough to explore her desires and choices in life and standby it at any cost. Titaââ¬â¢s mother was threatening her and black mailing and if she would have been strong willed she could have achieved her lover whom she loved passionately and
Tuesday, February 4, 2020
Costa Coffee Essay Example | Topics and Well Written Essays - 2500 words
Costa Coffee - Essay Example This is to ensure it will acquire brand recognition as a true global brand like giant Starbucks but at the same time maintain its brand essence in a highly-competitive premium coffee market that no longer relies on price or differentiation as key success factors. Key industry drivers like the 4 Ms are briefly mentioned in relation to the coffee industry. Management theories and models like the Boston Consulting Groupââ¬â¢s market matrix, Gap-needs Analysis and Ansoffââ¬â¢s product-market model are utilized to illustrate some of the key concepts in strategy analysis and formulation. Based on the last model by Ansoff, market development, product development and increased market penetration were thought to be viable alternatives. However, a closer analysis would reveal a branding strategy is the most suitable for a brand like Costa Coffee that is situated in a mature market dominated by only a few big players. This is because a brand is not only a functional concept but also an em otional one with regards to coffee drinkers, who not just drink it but to experience the ambiance as a symbol of affluence, social identity and new lifestyle patterns (Elliott & Percy, 2007:25). There are three coffee house chains competing for preeminence in London and all over the United Kingdom and these are Starbucks, Caffà © Nero and Costa Coffee. There is a smaller Coffee Republic and there are other coffee houses which are not part of a franchise (Edward, Cortinovis, Eggleton, Lee & Hermitage, 2007:110). After several years of very fast growth, the so-called premium coffee market is now in its mature stages. This means new sources of revenue growth has to be found before market share stagnates. A company has to be proactive rather than reactive and there are three possible sources of growth assuming it is alert enough: new opportunities presented by the changing external environment, develop a new strategy by monitoring emerging trends and how
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