The Marketing Strategy of Chinese E-Commerce Market-the Example of Ebay Failed in China free essay sample

This is the reason of why I consider this topic in my thesis. EBay, a world leading company on the E-commerce market. They have really strong power of competition in the E-commerce market in the world even there have a lot of competitors like Amazon, Alibaba. In 2002 they entered Chinese E-commerce market and they have been acquiring one of the top E-commerce brand: Eachnet in China. But the benefit from Chinese market is not as well as their plan even they spend a lot of money and never stop investing in the Chinese market. After 4 years they sell the on-line business to Tom goup in 2006. So before we talk about the reasons of eBay failed in Chinese market, we should think about how E-commerce creates value. In 2001 one theory created by Raphael Amit and Christoph Zott that E-commerce creates value from 4 points: Novelty, Lock-in, Efficiency, Complementarities. There has another theory created by G. We will write a custom essay sample on The Marketing Strategy of Chinese E-Commerce Market-the Example of Ebay Failed in China or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page T. Lumpkin and Gregory Dess, They thought the E-commerce was creates value by Search, Product Reviews and Reports, Problem-solving, transaction. In my thesis I focus on the why eBay company which have such strong ability to create value but they have to face many problems in Chinese E-commerce market and they lose in this market. In my thesis I will discusses and analysis the reasons of eBay failed in China because the wrong market strategies and the market strategies of the Taobao which actually become the most powerful E-commerce brand in China.

Canadian Economy essays

Canadian Economy essays 1. Why are small businesses important to the Canadian economy? Small businesses have a strong presence in the Canadian economy as well as most countries in Europe. The contribution of a small business can be measured in terms of its effect on financial aspects in the economy. For example small businesses create 8 out of every 10 jobs, this presence holds great strengths in our Canadian economy. 2. What are the characteristics of a small business? There are three characteristics of a small business: Job Creation, Innovation, and importance to big businesses. Small businesses construct job creation, as a matter of fact a widely circulated study showed that small businesses created 8 of every 10 new jobs. Small business especially in certain industries is an important source of new and well paid jobs in this country. Small firms are also the first to hire in times of economic recovery. Innovation is such a large part of our small businesses in Canada. History has shown that some of the most greatest inventions have come from small businesses. For example: Personal computers, the jet engine, the ball point pen, photocopy machine, etc. The wealth of a big business providing a product is extremely dependent on small businesses, most of the products made by big manufactures are sold to consumers by small businesses. 3. What are the characteristics of an entrepreneur? The characteristics of an entrepreneur can very, most successful have characteristics that set them apart from other business owners. Some of the characteristics include: a resourcefulness and a concern for good, often personal, customer relations, desire to be their own bosses, many express a need to gain control over their lives or build for their families, and believe that building a successful business will help them do that. Most common characteristics of an entrepreneur are as follows: Assertiveness, challenge seeking, charismatic, creative,...

Jay’s Treaty, Between Britain and the U.S.

Jay’s Treaty, Between Britain and the U.S. Jay’s Treaty was an agreement between the United States and Great Britain signed on November 19, 1794 intended to avert war and resolve issues between the two countries that had lingered since the end of the American Revolutionary War. While it was unpopular with the American public, the treaty succeeded in ensuring a decade of peaceful and mutually profitable trade between the United States and Britain during the French Revolutionary Wars. The treaty was signed by President George Washington on November 19, 1794 and approved by the U.S. Senate on June 24, 1795. It was then ratified by the British Parliament and took effect on February 29, 1796. Officially titled, â€Å"Treaty of Amity, Commerce, and Navigation, Between His Britannic Majesty and the United States of America,† and also called â€Å"Jay Treaty,† the pact draws its name from John Jay, its chief U.S. negotiator. Key Takeaways: Jay's Treaty Jay’s Treaty was a diplomatic agreement reached in 1794 between the United States and Great Britain.Jay’s Treaty was intended to resolve disputes between the two nations that remained after the 1783 Treaty of Paris had ended the American Revolutionary War.The treaty was signed on November 19, 1794, approved by the U.S. Senate on June 24, 1795, and approved by the British Parliament, thus placing it into full effect on February 29, 1796.The treaty draws its name from its chief U.S. negotiator, first Chief Justice of the Supreme Court, John Jay.   Bitter objections to the treaty by the French government led to the XYZ Affair of 1797 and the 1798 Quasi-War with France. In the United States, political conflict over ratification of the treaty contributed to the creation of America’s first two political parties: the pro-treaty Federalist Party, led by Alexander Hamilton, and the anti-treaty Democratic-Republican Party led by Anti-federalists Thomas Jefferson and James Madison. International Issues Driving Jay’s Treaty After the American Revolutionary War ended, tensions between the United States and Great Britain remained understandably high. Specifically, three main issues remained unresolved even after the 1783 Treaty of Paris had ended military hostilities: Goods exported from America were still being blocked by Britain’s wartime trade restrictions and tariffs. At the same time, British imports were flooding American markets, leaving the U.S. facing a significant trade deficit.  Ã‚  British troops were still occupying several forts on U.S.-claimed territory from the Great Lakes region to modern-day Ohio, which they had agreed to vacate in the Treaty of Paris. The British occupation of the forts left American frontier settlers living in those territories open to recurrent attacks by Indian tribes.Britain continued to seize American ships carrying military supplies and force or â€Å"impress† the American sailors into the service of the British Royal Navy to fight against France. When France went to war with Great Britain in 1793, the long period of global peace that had helped the newly-independent United States flourish in both trade and revenue ended. America’s intent to remain neutral in the European war was tested when between 1793 and 1801, the British Royal Navy, without warning, captured nearly 250 American merchant ships carrying goods from French colonies in the West Indies. The combination of these and other lingering issues and animosities brought the U.S. and Britain back to the brink of war in the late 1700s. US Response and Politics The American public was outraged, especially by Britain’s seizure of American ships, cargo, and impressment of sailors. In Congress, Thomas Jefferson demanded passage of a declaration of war. James Madison, however, called for a trade embargo on all British goods as a more moderate response. At the same time, British officials made matters even worse by selling rifles and other weapons to the First Nations Indian tribes near the Canadian- American border and telling their leaders that they no longer needed to respect the border. American political leaders were bitterly divided on how to respond. Led by Jefferson and Madison, the Democratic-Republicans favored aiding the French in its war with Britain. However, Hamilton’s Federalists argued that negotiating for peaceful relations with Britain- especially trade relations- could turn the British into a lasting and powerful ally. President George Washington agreed with Hamilton and sent Chief Justice of the Supreme Court John Jay to London to negotiate an all-encompassing treaty- Jay’s Treaty. Negotiations and Terms of the Treaty Despite his well-known command of diplomacy, Jay faced a daunting negotiating task in London. He believed that his best bargaining chip was the threat that America would assist the neutral Danish and the Swedish governments in preventing the British from forcibly seizing their goods. However, what Jay did not know was that in a well-intentioned attempt to establish good-will with Britain, Hamilton had independently informed British leadership that the U.S. government had no intention of helping any of the neutral European nations. In doing this, Hamilton left Jay with little clout in demanding concessions from the British. When Jay’s Treaty was finally signed in London on November 19, 1794, the American negotiators had won only two immediate concessions. The British agreed to vacate its forts in the northern United States territories by June 1796. In addition, Britain agreed to grant the United States the advantageous â€Å"most favored nation† trading status, but greatly limited U.S. trade to emerging lucrative markets in the British West Indies.   Most other outstanding issues, including British seizures of American ships and repayment of U.S. pre-Revolutionary War debts to Britain, were left to be decided later through the relatively new process of international arbitration. Jay was forced to concede that during the undefined period of arbitration, Britain could continue to seize U.S. goods headed for France on American ships if they paid for them and could seize French goods transported on American ships without payment. However, Jay failed in his attempt to negotiate an end to Britain’s impressment of American sailors into the Royal Navy, a sore point which would slowly fester into a key issue driving the War of 1812. While the American public, feeling it overly advantageous to Britain loudly objected to Jay’s Treaty, it passed in the U.S. Senate by a 20 to 10 vote on June 24, 1795. Despite the many objections against doing so, President Washington implemented the treaty, considering it to be the price of a period of peace during which the United States could rebuild its funds and military forces in the event of future conflicts. Jay’s Treaty and Indian Rights Article III of Jay’s Treaty granted all Indians, American citizens, and Canadian subjects the perpetual right to freely travel between the United States and Canada, then a British territory, for purposes travel or trade. Since then, the United States has honored this agreement by codifying its provision in Section 289 of the Immigration and Nationality Act of 1952, as amended. As a result of Jay’s Treaty, â€Å"Native Indians born in Canada are therefore entitled to enter the United States for the purpose of employment, study, retirement, investing, and/or immigration.† Today, Article III of Jay’s Treaty is cited as the basis of many legal claims filed against the U.S. and Canadian governments by Indians and Indian tribes. Impact and Legacy of Jay’s Treaty Historians generally agree that in terms of modern international diplomacy, Jay got the â€Å"short end of the stick,† by having achieved only two minor immediate concessions from the British. However, as Historian Marshall Smelser points out, Jay’s Treaty did achieve President Washington’s primary goal- preventing another war with Great Britain, or at least delaying that war until the United States could become financially, politically, and militarily able to fight it.   In 1955, historian Bradford Perkins conclude that Jay’s treaty brought the United States and Great Britain from within a sword’s point of war in 1794 to the brink of the true and lasting friendship and cooperation that endures today. â€Å"Through a decade of world war and peace, successive governments on both sides of the Atlantic were able to bring about and preserve a cordiality which often approached genuine friendship,† he wrote.   Sources Bemis, Samuel Flagg. â€Å"Jays Treaty and the Northwest Boundary Gap. Harvard College Library First Nations and Native Americans United States Embassy, Consular Services Canada.Karl S. Hele.Lines Drawn upon the Water: First Nations and the Great Lakes Borders and Borderlands Wilfrid Laurier University PressElkins, Stanley M. and Eric McKitrick. The Age of Federalism: The Early American Republic, 1788–1800 February 1, 1995. Oxford University Press, USA. ISBN-13: 978-0195093810Smelser, Marshall. The Democratic Republic, 1801-1815 Waveland Press. March 1, 1992. ISBN-13: 978-0881336689Perkins, Bradford. The First Rapprochement: England and the United States, 1795–1805 University of California Press. ISBN-13: 978-052000998

Importance of displacement, migrations and the perceived lack or flux Essay

Importance of displacement, migrations and the perceived lack or flux of geo-political boundaries to contemporary art - Essay Example The essay "Importance of displacement, migrations and the perceived lack or flux of geo-political boundaries to contemporary art" discovers how artists through their artworks have tried to bring out the idea that migration, exile and displacement that are matters as a result of political and social changes, which have generated the wider world of modernity. Displacement comprises of one of the main parameters in our cultural development currently, and constitutes desired geopolitical characteristics of the present life. Art has taken advantage of displacement in countries that are not economically and politically stable. Levi and Scheding are of the opinion that â€Å"maybe the only generalization possible is that displacement must be understood as a complex and heterogeneous mass phenomenon.† Displacements of artist have a wide context in which they affect the artists. Rather than subjecting the artists into a new physical environment, there are more situations playing behind . Levi and Scheding term them as the social, cultural and historic contexts. Artistic displacement has faced a series of events in it which include the movement of images, goods, information and people. These subject contemporary artists to a wide range of concepts. Many have tried to understand the essence behind displacement and contemporary artists. Tactfully, many artists would find opportunity to show case their ability, and therefore need to relocate to desired places. In other cases, nature and political stands come on the way.

Causes and Effects of Childhood Obesity Research Paper

Causes and Effects of Childhood Obesity - Research Paper Example According to the findings, obesity is impossible to hide and typically introduces a great deal of public humiliation every time the individual walks out the door. This element alone can cause lifelong severe psychological damage that significantly impacts the individual’s ability to live a happy, fulfilling life. However, the physical cost of being obese are much greater even than this. It is well-known that obesity can dramatically lower life expectancy at every age level. What might not be so well known is that there are at least 300,000 deaths in the United States every year that are the direct result of the person being obese. Even when life doesn’t seem threatened, people who are obese suffer a greater number of illnesses, have an earlier onset and more severe problems in their bones and joints and back region and are more lethargic than those who are not. Approaching epidemic proportions, identifying the causes and treatment of obesity is of utmost importance part icularly when working with children who have an entire lifetime ahead of them. Heredity significantly influences obesity. People who are genetically predisposed to being obese have a harder time trying to lose weight or to maintain the desired body mass. Children born into overweight families are often overweight even before they have the opportunity to try maintaining a healthy weight. Other contributing factors to the problem of obesity in children can include metabolic and socioeconomic circumstances, diseases, endocrine ailments, and medications Metabolism refers to how efficiently a person’s body burns up energy. Metabolic levels and hormonal balances differ widely from one person to another and both factor significantly in controlling weight.

The Virginia Department Essay Example for Free

The Virginia Department Essay The Virginia Department of Juvenile Justice is the state agency responsible for handling juveniles in the state of Virginia. This department operates a number of group homes (22), detention centers (24), and correctional centers (5). The Beaumont Juvenile Correctional Center is capable of housing and providing services for 264 males to the age of 21. This facility offers high school classes, GED programs, and college correspondence courses so that the juveniles can continue their education. Treatment services include the following: substance abuse, sex offender, anger control, and independent living skills. This facility has both medium and maximum security buildings. The Bon Air Juvenile Correctional Center is capable of housing and providing services for 193 males and females. It is in fact the only co-ed correctional facility operated by the DJJ. Education programs include high school classes and courses leading to the GED. Treatment programs include the following: substance abuse, aggression management, sex offender, and an intensive therapeutic program. This facility provides mental health services. The Culpeper Juvenile Correctional Center has a budgeted capacity of 144. This maximum security facility handles the 18-20 year-old Circuit Court male offenders. It offers educational programs leading to the high school diploma or GED. Treatment programs include the following: sex offender, substance abuse, and anger management. Mental health services are not provided on a regular basis, but psychiatrists and counselors are on staff in case of emergency. The Hanover Juvenile Correctional Center has the budgeted capacity of 120 males aged 12-18. Educational programs leading to the high school diploma or GED are offered, as are vocational programs. Treatment programs offered at the medium security facility include the following: sex offender, substance abuse, and anger management. This facility also offers the Junior Reserve Officers Training Program. Social workers and psychologists offer individual, group, and family therapy. The Oak Ridge Juvenile Correctional Center houses 40 juvenile males with severe behavioral disorders and developmental disabilities. As such, this is the primary facility for juveniles with mental health issues. Treatment programs include sex offender, anger control, life skills, and substance abuse. Residents are able to continue their education at the facility, and special education curricula are offered. In addition to the correctional facilities, the Department manages three halfway houses: Abraxas House, Discovery House, and Hampton Place. These locations provide juveniles just leaving correctional centers with programs designed to help their transition and to reduce the risk of re-offending. References Department of Juvenile Justice. (2010). Residential Programs. Retrieved from http://www. djj. virginia. gov/Residential_Programs/Default. aspx

Marx’s Alienation of Labour Essay -- Karl Marx Labour Essays

Marx’s Alienation of Labour There is deep substance and many common themes that arose throughout Marx’s career as a philosopher and political thinker. A common expressed notion throughout his and Fredrick Engels work consists of contempt for the industrial capitalist society that was growing around him during the industrial revolution. Capitalism according to Marx is a â€Å"social system with inherent exploitation and injustice†. (Pappenheim, p. 81) It is a social system, which intrinsically hinders all of its participants and specifically debilitates the working class. Though some within the capitalist system may benefit with greater monetary gain and general acquisition of wealth, the structure of the system is bound to alienate all its participants. This paper intends to evaluate Karl Marx’s theory of alienated labour. In doing so it will demonstrate how capitalism both a century and a half ago, and to this very day, produces and also perpetuates alienation within the work environment. Though Marx’s theory of alienation is not without its flaws, the fundamental backbone to his theory is still relevant to this day. A critical element is to take Marx’s basic premises of alienation into context and realize that the capitalist world has evolved tremendously since Marx’s work during the early years of Industrial Revolution. Marx’s concept of alienation can be defined as â€Å"the distortion of human nature that is caused by the domination of the worker by the ‘alien will’ of the capitalist† estrangement (Ritzer, p. 55). A key element to his theory of alienation focuses on the individual’s experience of feeling powerlessness when they fail to realize their own human potential, which in turn causes false consciousness. His theory is based upon his dialectics and on the totality of reciprocal relationships to nature and to other individuals within society, which are motivated and perpetuated by the need for material things. Marx’ theoretical concept of alienation was forged during his transition from the Critique of Hegel to the Critique of Economic philosophy. It was during this time that the issues of labour and class became central to his theories. In Marx’s early writing’s, specifically ‘The Economic Philosophical Manuscript’ written in 1844, he presented the types of alienation which where interdependent and rooted in the productive labour of capitalism.... ...f Maryland. McGraw-Hill Higher Education, Baltimore, MD., 2000. Alienation and the Social System edited Finifter, W., John Wiley & Sons, Inc., Toronto, Ontario, 1972. Joachim, I., Alienation: From Marx to Modern Sociology; A Macrosociological Analysis, Allyn & Bacon, Boston, MA., 1971. Pappenheim, F., ‘The Alienation of Modern Man; An Interpretation Based On Marx and Tonnies’, New York, New York., Modern Reader, 1967. Marx, Karl, & Engels, Fredrich, The Communist Manifesto, Bantam Books, New York, New York, 1992. Marx, Karl, ‘Economic & Philosophical Manuscripts of 1844’, Marx - Engels Collected Works Volume 3: Karl Marx Internet Archive, Progress Publishers, 1932. Retrieved from [http://www.marxists.org/archive/marx/works/1844/manuscripts/preface.htm] & [http://csf.colorado.edu/psn/marx/archive/1844-epm/1st.html] Kuhn, Rick, ‘Introductions to Marxism’, retrieved from [http://www.anu.edu.au/polsci/marx/intros.html] KARL MARX – ALIENATION [http://acme.highpoint.edu/~rramke/Marx-A.html] The Alienation of Labor, retrieved from [http://www.wsu.edu:8080/~dee/MODERN/ALIEN.HTM] Microsoft Encarta 98 Encyclopedia, Copyright 1993-1997 Microsoft Corporation.

Implication of Budget 2013

According to the Prime Minister Datuk Seri Najib Razak, who is also Finance Minister, at the Dewan Rakyat on Friday, September 28 tabled that the Budget 2013 themed â€Å"Prospering The Nation, Enhancing Well-Being of the Rakyat: A Promise Fulfilled† . 2013 budget was formulated with a focus on improving the living standards of people across the country, ensuring sustainable economic growth, prudent spending and reduce the country's fiscal deficit with the overall goal of focusing on the welfare of the people.The Government will ensure people get the best services and maximum benefits as a result of the implementation of development programs and projects in 2013, the global economic environment is expected to improve, economic growth is projected to grow more strongly at 4. 5 percent to 5. 5 percent. Though this, the first positive implication is increase economic growth through increased investment activity. Economic growth will continue to be driven by foreign direct investm ent and domestic. In the first half of 2012, private investment increased to 75. billion dollars from 59. 8 billion dollars in the same period in 2011. This trend is expected to continue in 2013 with private investment is expected to increase to 148. 4 billion dollars. In order to stimulate domestic investment and accelerate the participation of Malaysian companies in the global supply chain, the Government has provided funds Domestic Strategic Investments worth 1 billion dollars under the Investment Development Authority of Malaysia. The fund aims to take advantage of outsourcing activities and the acquisition of technology by local companies.In addition, the government has also introduced incentives for the acquisition of foreign companies and special tax rates to encourage local service providers to merge into larger entities. Besides, Small and Medium Enterprises (SMEs) play an important role in the economic transformation of the country. As to accelerate the growth of SMEs and the expansion of the scope of the industry across the country, a fund of 1 billion dollars will be made available under the SME Development under the operating SME Bank.These measures facilitate the access of SMEs to obtain financing and further develop their business. Next, the second positive implication will be he reduces of citizen’s burden especially low income citizens. in term of reduce in burden as in both reducing cost of living and quality of living of Malaysian government provided a program called program Rumah Mesra Rakyat where the NHC will build a total of 21. 000 units for 2013. Under this program also, the NHC will build a house costing 65 thousand dollars with a subsidy of 20 thousand dollars and interest rate subsidies on loans of 2 percent.In addition, a sum of 543 million dollars will be provided to the National Housing Department implement 45 projects under the Public Housing Program involves 20. 454 housing units will be constructed using the Industriali sed Building System. All residential units will be sold between 30 to 40 thousand dollars per unit than the market price around 120 thousand dollars per unit. 20 percent of the PPR housing units allocated to civil servants and some of the people with disabilities.Besides that ,everyone wish to own a house so to enable this to happen more First Home Scheme, was launched by the last budget, will be improved by increasing the income limit individual borrowers from 3,000 dollars to 5,000 dollars a month or 10,000 dollars a month for joint loans of husband and wife. In addition, reserve requirements and deposit 3 month minimum period of 6 months work will also be abolished. Other then housing subsidy, 1Malaysia People's Aid (BR1M 2. 0) also launched to establish goal of reduce people living cost.RM 250 will be given to individual that below 21 years old with income less then RM 2100. Thirdly, Malaysia Budget 2013 also contributes in development of rural and indigenous communities. Rural areas will continue to be developed to reduce the gap of urban and rural development. 4. 5 billion dollars will be provided to implement various development projects in 2013 include ,first ,a total of 1. 2 billion is allocated to implement the project 441 km of rural roads and rural roads benefiting 220 thousand inhabitants. Second a total of 1. billion is allocated for infrastructure projects rural utilities for water supply projects to 24 thousand households and extension project electricity to 19 thousand households. Third, a total of 137 million dollars allocated for Sustainable rural Program involving 29 villages throughout the country and benefit 38 thousand inhabitants. Major programs include the upgrading of marine products processing plants and food, building a new pier, the construction of a centre for marketing, improving the package and recreational activities as well as the home stay.Fourth, a total of 88 million is allocated for economic development programs and projec ts of water supply for indigenous peoples; and fifth ,a total of 100 million dollars to supply 40 thousand water tank using rainwater catchment, particularly in remote areas in Sabah and Sarawak. In the other hand, Malaysia Budget 2013 also has some negative implication. First of all, we see that this time the government spending is still a deficit which mean excess of expenditure over income ,although it decreased compared to last year (2012), from 4. 7% to 4. 0% of a 21. billion once the government accumulated outstanding debt of nearly 503 billion or half trillion for to-16 years in a row since 1997. That amount is 53. 7% of the Gross Domestic Product (GDP or GDP) for 2012. The initial RM1. 8 billion that was allocated to BR1M for 3. 4m households in the 2012 budget ballooned to over RM2 billion for over 4 million households. A country whose GDP is projected to expand by 5 per cent in 2012 should see fewer households earning less than 3000RM. And yet, BR1M recipients are projecte d to increase to 4. 3 million households with another 2. 7m individuals earning less than 2000RM joining them.Without proper checks and balances, the RM3b that has been allocated to BR1M 2. 0 for Budget 2013 can easily increase to more than RM4b, if not more. The same lack of fiscal prudence could be seen in the expenditure on subsidies. An allocation of RM32. 8 billion was given for subsidies in Budget 2012 but the actual expenditure on subsidies is projected to be at RM42. 4 billion, an increase of RM9. 6 billion or 29. 3 per cent over the original budget! If the same kind of trajectory is followed, the RM37. 6 billion which is allocated for subsidies in Budget 2013 could easily increase to almost RM50 billion.Besides that, sugar subsidy reduced by 20sen per kg. Sugar Should be a controlled item but it price has gone up four times, by 20sen per kg on Jan 1, 2010, 25sen on July 18, 2010, 20sen on Dec 4, 2010, and 20sen on May 10, 2011. A remarkable affect on the property market see n sugar is a common goods that cannot be replace. Government has proposed the real property derive tax RPGT from the disposal of properties made within a period not surpassing two years from the date of purchase will be taxed at the rate of 15% and at 10% for disposal of property within a period of two to five years.This symbolise an increase on RPGT of 10% is applied to properties held and inclined of within two years, and a rate of 5% was retained for properties sold within the third, fourth and fifth years after purchase and it would give result in a negative impact on the country. As a conclusion, there are both positive and negative implication toward Malaysia Budget 2013 . In my opinion, most of the positive implication are brings short term effect but the some negative implication might cause long term liabilities to our economy.

Being a global grocery store Essay

Being a global grocery store and merchandising retail store, Tesco continues to consolidate its position as the world’s number three retailer after Wal-mart and Carrefour of the US and France, respectively. The Tesco company emerged in 1924, with its first store being opened in London, five years later. The same company has continued to grow, after that it opened up in 1956, its first supermarket. From then, the company has continued to realize growth and expansion, growing organically during the second phase of the 20th century. The growth during this epoch reached its apogee when in 1977, the Tesco company decided to reduce the prices of its commodities in lieu of Cohen’s rather antithetical policies. This resulted in Tesco company realising a 4% growth in its market share after every two months. Strategic directions and development methods that have been adopted by Tesco. Up to the moment, the Tesco company has been focusing on making innovations and facilitating conditions that can encourage the same. This is geared towards making the employees free enough to engage in efforts to come up with innovative ideas. The rationale behind this notion is that the rank and file of an entire organization has the ability to generate productive ideas. To this effect, the Tesco company as organization ensures that there is an open line through which the opinions and views of the employees can be solicited (Humby and Hunt 2007, 75). The effect that this approach has on the returns of the Tesco company is that it has realized a stable base of employees who are loyal. This is because the employees, courtesy of the practice, are left with the feeling of being totally integral to the company and being appreciated by the management board. This has bolstered the cause of Tesco company’s growth and expansion, due to low employees turnover. The low employees turnover becomes inevitable for Tesco company since employees take to remain loyal to the company, and thus saving it from needing to recruit new employees. At the same time, the Tesco company takes to target the desired goal by making regular consultations with the clients on the quality of goods produced by the Tesco company. This exercise has been very instrumental in helping the Tesco company channel its synergies towards efficiency and customer satisfaction. Forces that are promoting the food retail industry’s globalisation. According to Harris and Dennis (2002, 177) there are several forces that ensure the global adoption of the Tesco company food retail. In the first case, the company makes it its responsibility to ensure that its operations are attune to the indigenous tastes and preference of the local market. To this effect, Tesco company takes it upon itself to tamper its operations with the indigenous culture, regulations and delivery chains. This feat has been instrumental in placing the Tesco company in the map. At the same time, Tesco company builds brands that enable it as a company to forge longterm relationships with its clients. In the same vein, the company maintains its ability to fix its focus on the targeted countries, even in the face of going global. This, the company takes to achieve by establishing brands that are unique and of high standard. In the same wavelength, Tesco company has ensured these prospects by establishing brands that are nation or state- specific. In order to thoroughly entrench itself into the global market, Tesco company ensures that it carries out designs that are multi formatted. According to Baker (2002, 90), this has been important to Tesco company, given the fact that it has been established that there is no single format that has been able to consolidate its position in the global market. How Tesco strategy in the US may help it realize competitive advantage. In the US Context, Tesco company has tried to achieve an edge over its peers by taking to mitigate the extent of the shopping costs. Another feather in Tesco company’s cap exists, courtesy of the fact that the deficit does not fall on the shoulders of the suppliers. Rather, the Tesco company sorts out the situation through the enhancement of the efficiency and the adoption of simpler processes in the course of the company’s operations. Hooley, Saunders and Piercy (2004, 67) maintain that this means that clients are able to realize relatively less costly shopping expeditions, from the Tesco company. Unlike Tesco company, its peers even after reducing the shopping price, still leave financial weight to fall squarely on the suppliers. The suppliers on the other hand try to settle the deficit by exacting higher prices to the retailers who then impose extra costs on the consumers. This cycle becomes the epitome of the adage, borrowing from Peter to pay Paul. In about the same vein, Tesco company is trying to build a niche for itself in the American context by opening up many stores that support the issuance of hard discount (Tapp 2002, 122). To crown this effort, Tesco company has remained responsible for the invitation of British companies that can bolster the interests of the same. Some of these companies are the Big Kahuna Wine a label of Fresh and Easy. This company has been influential in dragging a huge clients’ base to Tesco company scores, owing to the quality wine and delicious poultry meat it serves. Conclusion. It is important for any company that seeks to emulate Tesco company to take to stock, the fact that the latter has, apart from the aforementioned practices, ensured that it dabbles its operations with the concept of capability. To this cause, the Tesco company ensures the employment of skills, and not scale. This, for the Tesco company portends ensuring that the skills are elicited from its rank and file and the systems processes. Therefore, even small scale companies are inexcusable when it comes to (under) performance. References. Baker, M. J. Tesco company and marketing mix, New York: Prentice Hall, 2002. Harris, L. and C. Dennis, Tesco company and e business, London, SAGE, 2002. Hooley, G. , J. A. Saunders and Piercy, N. , Tesco company marketing strategies, New York: McGraw Hill, 2004. Humby, C. and P. Hunt, Tesco company and customer loyalty, Harvard, Harvard University Press, 2007. Tapp, A. , The principles of database and direct marketing, Michigan, Michigan University Press, 2002.

Free Essays on 2nd Amendment Rights

Gun Control Versus Your 2nd Amendment Rights: The Truth. A Review of the Literature Since the beginning of America built on this country’s foundation the people have found it necessary to be able to keep and bear arms. This freedom, this guaranteed right in our Constitution became an amendment to our freedoms. The second amendment was one in pack of the first 10 amendments known as The Bill of Rights, passed by congress in September 25, 1789. The second amendment states that â€Å"For their protection and for purposes of having a well trained militia the people of the states may keep and bear (own) arms (weapons), but the federal government or the state governments may pass laws against owning certain weapons and the way others may be used†. (Cullop, 1999, p.64) This research will use the following questions to determine answers from various sources. 1.Do Guns cause more crime? 2.Does the media tell all of the truth about guns or only what makes news, and how much influence does the media have on Americans’ perception of guns? 3.What is the ultimate goal of Anti-Gun supporters’, working through courts, lies, and international treaties? 4.If banning guns is the answer to the problem, why have Britain, Australia, and Canada’s ban failed so horrendously to reduce crime. 5.Is the Second Amendment outdated, or is it America’s and it’s people’s best defense? This review of literature on Second Amendment rights versus Gun control will focus on these five questions. Do More Guns Cause More Crime or Less? In a very influential and well-researched book, Lott (1998) pointed out the con... Free Essays on 2nd Amendment Rights Free Essays on 2nd Amendment Rights Gun Control Versus Your 2nd Amendment Rights: The Truth. A Review of the Literature Since the beginning of America built on this country’s foundation the people have found it necessary to be able to keep and bear arms. This freedom, this guaranteed right in our Constitution became an amendment to our freedoms. The second amendment was one in pack of the first 10 amendments known as The Bill of Rights, passed by congress in September 25, 1789. The second amendment states that â€Å"For their protection and for purposes of having a well trained militia the people of the states may keep and bear (own) arms (weapons), but the federal government or the state governments may pass laws against owning certain weapons and the way others may be used†. (Cullop, 1999, p.64) This research will use the following questions to determine answers from various sources. 1. Do Guns cause more crime? 2. Does the media tell all of the truth about guns or only what makes news, and how much influence does the media have on Americans’ perception of guns? 3. What is the ultimate goal of Anti-Gun supporters’, working through courts, lies, and international treaties? 4. If banning guns is the answer to the problem, why have Britain, Australia, and Canada’s ban failed so horrendously to reduce crime. 5. Is the Second Amendment outdated, or is it America’s and it’s people’s best defense? This review of literature on Second Amendment rights versus Gun control will focus on these five questions. Do More Guns Cause More Crime or Less? In a very influential and well-researched book, Lott (1998) pointed out the con...

Advantages Of Unit Banking Essay Example for Free

Advantages Of Unit Banking Essay ? 1.Local Development:Unit banking is localized banking. The unit bank has the specialised knowledge of the local problems and serves the requirements of the local people in a better manner than branch banking. The funds of the locality are utilised for the local development and are not transferred to other areas 2.Promotes Regional Balance:Under unit banking system, there is no transfer of resources from rural and backward areas to the big industrial commercial centres. This tends to reduce regional in balance. 3.Easy Management:The management and supervision of a unit bank is much easier and more effective than that under branch banking system. There are less chances of fraud and irregularities in the financial management of the unit banks. 4.Initiative in Banking Business:Unit banks have full knowledge of and greater involvement in the local problems. They are in a position to take initiative to tackle these problems through financial help. 5.No Monopolistic Tendencies:Unit banks are generally of small size. Thus, there is no possibility of generating monopolistic tendencies under unit banking system. 6.No Inefficient Branches:Under unit banking system, weak and inefficient branches are automatically eliminated. No protection is provided to such banks. 7.No diseconomies of Large Scale Operations:Unit banking is free from the diseconomies and problems of large-scale operations which are generally experienced by the branch banks. 8.Easy Management and Control:Under unit banking system, it becomes very easy for a single office to manage and control efficiently. 9.Close Management and Workers Relationship:Under unit banking system, there prevails a close and cordial relationship between employer and employees. 10.Quick Decision:The owners or the management of unit banks can take quick decision and prompt action in times of emergencies. 11.Use of Local Resources:Local financial resources are used for local development. 12.Lesser Fraud and Irregularities:Due to the less scattered affairs of the bank, there are very little possibilities of fraud and irregularities. 1.No. Distribution of Risks:Under unit banking, the bank operations are highly localised. Therefore, there is little possibility of distribution and diversification of risks in various areas and industries. 2.Inability to Face Crisis:Limited resources of the unit banks also restrict their ability  to face financial crisis. These banks are not in a position to stand a sudden rush of withdrawals. 3.No Banking Development in Backward Areas:Unit banks, because of their limits resources, cannot afford to open uneconomic banking business is smaller towns and rural area. As such, these area remain unbanked. 4.Lack of Specialization:Unit banks, because of their small size, are not able to introduce, and get advantages of, division of labor and specialization. Such banks cannot afford to employ highly trained and specialized staff. 5.Costly Remittance of Funds:A unit bank has no branches at other place. As a result, it has to depend upon the correspondent banks for transfer of funds which is very expensive. 6.Disparity in Interest Rates:Since easy and cheap movement of does not exist under the unit banking system, interest rates vary considerably at different places. 7.Local Pressures:Since unit banks are highly localised in their business, local pressures and interferences generally disrupt their normal functioning. 8.Undesirable Competition:Unit banks are independently run by different managements. This results in undesirable competition among different unit banks. 9.Limited Size of Operation:Unit bank business can not be operated on large scale because of its limited area. Being the small organisation, division of labour can not be applied. 10.No Economy of Reserves:Under unit banking, bank can not transfer its funds to any other branch. So economy in cash reserve can not be secured under this system. 11.Limited Financial Resources:A unit bank has limited financial resources so it is not able to provide full and adequate banking facilities to the industry and trade of the area. 12.Investment of Idle Funds:A unit bank having no other branches, can not utilize its idle funds in profitable ways. Advantages Of Unit Banking. (2016, Oct 19).

Marketing channel article Essay Example | Topics and Well Written Essays - 500 words - 1

Marketing channel article - Essay Example The competition is reacting accordingly in order to ensure Amazon does not steal market share away from them. â€Å"Companies like Walmart, Best Buy and Toys â€Å"R† Us have already announced that they will not be undersold and will match any competitors’ prices in a printed flyer or website† (Loeb). The use of a matching pricing strategy can help retailers retain market share, but it does so at the expense of lowering profitability. The pricing strategies that are being used by major retailers are benefiting the customers who are going to be able to obtain bargain prices on many products. Best Buy plans to match competitors prices as well, but this firm believes that they have a competitive advantage over Amazon because they are able to physically show its customers the products they want to buy in their showrooms, while at the same time offering great prices though its website. For other retailers such as Toys R Us Christmas season is more important to them since most of their yearly sales are dependent on the arrival of Santa Claus on Christmas. A matching pricing strategy was an obvious move for them due to their dependency on Christmas sales. Amazon is leading the pack this Christmas season by offering daily sales on a high variety of items. The pricing strategy of Amazon intends to increase its market share as much as possible. It all starts on Black Friday for Amazon with deals on popular items such as sm artphones, diamond rings, and Wrangler jeans. After Black Friday the company intends on adding deals each day on different items in order to motivate buyers to make purchases. Last year Amazon lead the industry with 2,840 prices changes on Black Friday. Most of the prices changes were down, but some went up in order to offset the loss of profitability of reducing prices. This article showed that pricing is a critical factor that affects the buying behavior of consumers. Companies competing for market shares