Wednesday, March 18, 2020
The Importance of MBA Degree. The Importance of MBA DegreeThe field of business management and administration comprises specific areas such as marketing, accounting, operations management etc. ItÃ¢â¬â¢s my firm belief that successful business canÃ¢â¬â¢t do without employees possessing high level of proficiency and experience. Thus, I am convinced that it is MBA degree that provides great opportunities for aspired students with profound knowledge and potentials. MBA programs have significantly proved to lay the robust foundations of comprehensive business awareness necessary for ambitious, dependable, result-aimed leaders. Owing to the fact that the sphere of my knowledge application was and is still tightly connected with business management, I deeply realize that MBA is what IÃ¢â¬â¢m striving to obtain in order to further accumulate, cultivate and advance the attainments IÃ¢â¬â¢ve already got. Right after college I got down to work in the financial services industries namely at Citigroup, Investment Banking. By nature I am hard-working and willing to learn, so in this tough time I had to collect all my efforts not to let my team down. Because there were company staff cuts only two executives became to be responsible for the work done Ã¢â¬â my manager and me. My accountability, courage and rigor appeared to be the features which helped me successfully cope with the overwork and deadlines. The senior management decisions depended on my analyses and reports which needed to be accurate and faultless. Thus, efficiently and effectively performing my duties I managed to earn respect and become trustw orthy in the eyes of my colleagues. My further plans were conditioned by the desire to broaden the horizons of my activity in business. Moreover, my sense of responsibility was enhanced considering that I was a bread-winner in the family and the fact of my legal stay in the US only through the work visa was to some extent a challenge but I was persistent in reaching my aims. In June 2009 I became the member of Blueprint by Ronke (BbR) Event Management and thus was involved in event planning and management business. Such field of business presupposes active, initiative, creative and reliable people able both to organize and control team work, at the same time develop cohesion, unity and integrity among the members. My first project was concerned with showcasing diverse talents of different genres and I wanted to emphasize the many-faceted surrounding community and promote young artists. In addition, this event served financial contribution to the organization Link a Child focused on help for African children in need. I pursued high-standard show which could attract versatile individuals both the performers and professionals from music and media industry. It was a considerable step for me on the way of my career growth and development of supervising qualities along with previous experience as an executive. I was able to apply my managing skills to display contrast and individuality of people with varied flairs.
Monday, March 2, 2020
List of Poisons and the Relative Toxicity of Chemicals This is a list or table of chemicals that can kill you. Some of these poisons are common and some are rare. Some you need in order to live, while others you should avoid at all costs. Note that the values are median lethal values for an average human. Real-life toxicity depends on your size, age, gender, weight, route of exposure and many other factors. This list just offers a glimpse at a range of chemicals and their relative toxicity. Basically, all chemicals are poisonous. It just depends on the amount! List of Poisons This table is organized from least deadly to most deadly: Chemical Dose Type Target water 8 kg inorganic nervous system lead 500 g inorganic nervous system alcohol 500 g organic kidney/liver ketamine 226 g drug cardiovascular table salt 225 g inorganic nervous system ibuprofen (e.g., Advil) 30 g drug kidney/liver caffeine 15 g biological nervous system paracetamol (e.g., Tylenol) 12 g drug kidney/liver aspirin 11 g drug kidney/liver amphetamine 9 g drug nervous system nicotine 3.7 g biological nervous system cocaine 3 g biological cardiovascular methamphetamine 1 g drug nervous system chlorine 1 g element cardiovascular arsenic 975 mg element digestive system bee sting venom 500 mg biological nervous system cyanide 250 mg organic causes cell death aflatoxin 180 mg biological kidney/liver mamba venom 120 mg biological nervous system black widow venom 70 mg biological nervous system formaldehyde 11 mg organic causes cell death ricin (castor bean) 1.76 mg biological kills cells VX (nerve gas) 189 mcg organophosphate nervous tetrodotoxin 25 mcg biological nervous system mercury 18 mcg element nervous system botulinum (botulism) 270 ng biological nervous tetanospasmin (tetanus) 75 ng biological nervous system Poisons: Lethal vs Toxic Looking at the list of poisons, you might be tempted to think lead is safer than salt or bee sting venom is safer than cyanide. Looking at the lethal dose can be misleading because some of these chemicals are cumulative poisons (e.g., lead) and others are chemicals your body naturally detoxifies in small amounts (e.g., cyanide). Individual biochemistry is also important. While it might take half a gram of bee venom to kill the average person, a much lower dose would cause anaphylactic shock and death if youre allergic to it. Some poisons are actually necessary for life, such as water and salt. Other chemicals serve no known biological function and are purely toxic, such as lead and mercury. Most Common Poisons in Real Life While its unlikely youll be exposed to tetrodotoxin unless you eat improperly prepared fugu (a dish prepared from pufferfish), some poisons routinely cause problems. These include: Pain medicine (over the counter or prescription)Sedative and antipsychotic drugsAntidepressantsCardiovascular drugsHousehold cleaners (particularly when they are mixed)Alcohol (both grain alcohol and types not intended for human consumption)PesticidesInsect, arachnid, and reptile venomAnticonvulsantsPersonal care productsWild mushroomsFood poisoning
Saturday, February 15, 2020
The restructuring of toyota,nissan and ford in the global auto market - Research Paper Example In the outer fringe the supply chain systems consist of the third tier that generally focus on the delivery of certain parts to the assemblers or the tier two supplying units for the automobile companies. Toyota like all other large automobile companies revolutionized herein to create and sustain specialized supplying units that would only focus on supplying of a specialized or certain unit to the assembly centers. Dependency on a specialized supplying partner for delivery of needed components made it possible for the company to effectively initiate the Ã¢â¬ËJust-in-TimeÃ¢â¬â¢ quality system in its production methodologies (Ã¢â¬Å"The machine that ran too hotÃ¢â¬ ). Toyota in terms of selecting the most able supplier to supply automobile parts to its assembly units located round the world works on a set of training and development activities to enhance its relationship with the supply chain units. Through the training and development functions the management of Toyota focuses o n making the supply chain units understands the need for supply of quality materials on time so as to effectively meet the objectives of the concern in times of changing competitive business and social environment. Maintenance of effective relationships tends to build long term commitment from its specialized supply chain units (Tsai, Chen and Yang 9-10; Roh 134). Restructuring activities pertaining to the ambit of global supply chain activities for automobile company Toyota relate to aligning a range of key supplier bodies that would contribute to the delivery of common parts for all its vehicles produced across the globe. This strategy is aimed at reduction in the number of varieties relating to same parts required for the same category of vehicles thereby standardizing on the quality of the supplies. Toyota in an example has focused on reducing the number of radiators sought from 100 to 21 through a system of closed networking and monitoring activities of its suppliers groups. Th is strategy further contributes in the reduction of overall cost of operations and supply chain functions for the company (Ã¢â¬Å"Suppliers key to Toyota restructureÃ¢â¬ ). Restructuring plans for Toyota relating to the development of relationship with the supply chain units consisted of not only maintaining sustained relationship activities both in an online fashion and also through the enhancement of training and information sharing programs but also through other strategic activities. The set of other strategic activities related to ToyotaÃ¢â¬â¢s new supply chain mechanism functionaries relate to the formation of effective joint venture relationships with key supply chain units. Through effective joint venture operations Toyota focuses on gaining a total control over the entire gamut of supply chain functions related to the supply of individual key parts to the assembly mechanisms and also in enhancing its dealer networks for augmenting sales of its vehicles in foreign countr ies (Gupta, Wakayama and Rangan 135). The above analysis for restructuring initiatives related to the supply chain functions for Toyota reflect that the company has taken resort to the dimensions of Lean Supply Chain strategies. Through the use of Lean Supply
Sunday, February 2, 2020
Full Corse Profile - Essay Example (2000), the manner in which culture affects decisions is through the reasons that a person responds when called upon to explain his or her choice. They further propose that cultures equips people with various principles and rules that offer guidance for decision-making. Besides, they argue that such cultural knowledge is activated by the need of providing reasons. Consequently, the proposal, which represents a dynamic instead of dispositional perspective of cultural influence, is examined in studies regarding consumer decisions (Briley et.al. 99) These studies involve an exchange between opposing attributes such as high quality and low price. From the study, the principles that enjoin compromise were more outstanding in Japanese culture than in Australian culture. In the same note, it is predictable that there will be higher cultural disparities in the propensity to select compromise options if the decision-making calls for the participants to give reasons (Simpson & Murawska 65). In the first study, the difference between Australian and Japanese participants in the propensity to select compromise goods was seen only on being asked to clarify their decisions. On analyzing the content of their reasons, it was found out that it is the cultural differences relating to the frequency with which specific types of reasons are generated that the differences in choices was mediated (Simpson & Murawska 65). ... According to Radford et.al. (1993), the effect of culture, is examined in terms of decisional stress, copying styles for the self-reported decision, and decisional self-esteem. Consequently, the authors have used both the Australian students and the Japanese students in conducting this research. In this case, 300 Australian university students and 743 Japanese were used. From both participants, there was positive correlation between the decisional self-esteem with the decision making choice style (Radford et. al. 74) However, there was negative correlation with such coping styles required in personal decision making as hyperactive vigilance, avoidance, and complacency; and decisional stress. Australian students had higher cultural differences than Japanese students did when it came to decisional self-esteem. On the other hand, the Australian students were lower on decisional stress, hyper vigilance, avoidance, and complacency coping styles. There was therefore, a relationship between the cross-cultural differences of the individualistic Australian culture and the group- oriented or collectivist Japanese culture (Wierzbicka 48). Ryuko et.al. (1999), has highlighted the way the applied linguistics literature have provided pedagogical arguments when applied on critical thinking and teaching writing by the ESL students. In this case, the author argues that through the presentation of these pedagogical arguments, the applied linguistics literature draws on cultural differences between the target academic society and ESL students (Ryuko et al. 56) The authors in this case, are trying to come up with cultural dichotomy between the west and the east, by constructing fixed, essentialized, apolitical cultural representations like harmony, deemphasis, and
Friday, January 24, 2020
Friend or Foe In the book, A Man For All Seasons by Robert Bolt there are a few people that canÃ¢â¬â¢t be trusted by Sir Thomas More, the main character in the book. Richard Rich is definitely one of those men who canÃ¢â¬â¢t be trusted and along with Thomas Cromwell the two destroy MoreÃ¢â¬â¢s life slowly but surely and to the point of death. In the end of the book More is executed for high treason and his family goes from being very well off to having to start over. So this book shows that through deceitfulness of two, one can fall. There are two main reasons that Rich would be considered a Ã¢â¬Å"FoeÃ¢â¬ and those are his weak moral character and his devalue of MoreÃ¢â¬â¢s friendship. These are reasons to make someone a Ã¢â¬Å"FoeÃ¢â¬ because if a person doesnÃ¢â¬â¢t hold true to their morals then they are easily persuaded and if a person had the friendship of More then they would be idiots not to keep that friendship and respect. In the following paragraphs I will give examples from the book of these reasons. One reason why Rich is a Ã¢â¬Å"FoeÃ¢â¬ is because his moral character isnÃ¢â¬â¢t very strong and throughout the book there are many times where it is shown that Rich doesnÃ¢â¬â¢t have a strong moral character, for example: Rich: But every man has his price? More: No-no-no- Rich: But yes! In money too. More: No no no Rich: Or pleasure. Titles, woman, bricks-and-mortar, thereÃ¢â¬â¢s always something. More: Childish. In this quote (pg.4) it shows that Rich can be bought and he is trying to tell More that this is normal because everyone Ã¢â¬Å"has his priceÃ¢â¬ . However, More, being the kind and charitable man he is, tries to explain that being able to be bought is not normal and it is a moral weakness in someoneÃ¢â¬â¢s character and tries to help him get a job as a teacher where there is no temptation of bribery. Another example of how RichÃ¢â¬â¢s moral character is weak is when he is talking to Cromwell and Cromwell tells him that he is to become Secretary to the Council, which he asks Rich not tell anyone about it. However when Cromwell repeats the question over and over, Rich, finally, says he would but it would depend on the bribe.
Thursday, January 16, 2020
Procter and Gamble Company Case Analysis This case study analysis focused on Procter and Gamble CompanyÃ¢â¬â¢s marketing plans and strategic options on its light-duty liquid brands (LDL). Procter & Gamble is the worldÃ¢â¬â¢s largest producer of household and hygiene products. By 1981 P&G operated in 26 countries and sales totaled $11.4 billion with 90 consumer and industrial products manufactured in the United States. The case study provided some very detailed data analysis and reports in terms of the company history and background, organizational structure, key factors to its success in the marketplace, the relationship among advertising, sales, product development (PDD), manufacturing, and finance departments, and its light-duty liquid brands (LDL). Highlight of Company History, Organization, and Key Success Factors * In 1890, Procter & Gamble Company was incorporated with a capital stock value of $4,500,000. The capital allowed the company to build plans, buy new equipment, and develop new products. * Sales volume do ubles every 10 years. * Success factors are 1) dedicated and talented human resources, 2) a reputation for honesty and trust, 3) prudent and conservative management philosophy, 4) innovation in superior quality of products at competitive prices, and 5) substantial marketing expertise. * The company organized its products in terms of 8 categories: 1) package soap and detergent, 2) bar soup and household cleaning, 3) toilet goods, 4) paper products, 5) food products, 6) coffee, 7) Food Service and lodging products, and 8) special products. * Brand group planned, developed, and directed the total marketing effort for its brand through development of the annual marketing plan. * Brand group worked closely with other four lines. Sales department provided important perspective on consumer and trade promotion acceptance, stock requirement to support competitive pricing. * Product development department ensured continued improvement on brandÃ¢â¬â¢s quality through extensive consumer and laboratory tests. * Brand group worked with manufacturing department on detailed brand volume estimates. Their interaction was crucial to new product development process. * Based on the volume and marketing expenditure forecasts provided by the brand groups, financial/cost analyst developed and fed back brand profit and pricing analyses as well as profit and rate of return forecasts on new products andÃ promotion. Using the information, Mr. Chris Wright, associate advertising manager of the Packaged Soap and Detergent Division (PS&D) of the Procter & Gamble Co., was trying to determine how the division could increase volume of its light-duty liquid detergents (LDLs), capture more shares from the market, and increase long-term or short-term profit. The three options that Wright considered are new brand introduction, product improvement on an existing brand, and an increase in marketing expenditures on existing brands. Each option is analyzed as follows: New Brand Introduction: Pros: * P&GÃ¢â¬â¢s current LDL played a leading role in the market place. The success of its Dawn brand clearly indicated a likelihood of another new brand with a distinctive benefit could increase further P&GÃ¢â¬â¢s LDL Volume. * Wright saw new product potential in all three market segments (performance, mildness, and price brands) * For performance brand, market research indicated that 80% of U.S. households scour and scrub their dishes at least once a week. H-80 invented by new technology as a high-performance product which can fulfill a clear consumer need based on research. The 4-week blind in house use test of H-80 and established competitive LDL, was a strong indicator of its potential success. * For mildness segment, a new brand which differentiates its mildness benefit can help the declining segment recapture the consumers. * Although P&GÃ¢â¬â¢sÃ¢â¬â¢s price segment had been in decline, it was expected to stabilize at its current share level due to the increasing consumer sensitivity to price resulting from the depressed state of economy. * Wright considered the potential of producing a brand with parity performance benefits to existing price brand competition at a cost that allowed PS&D to maintain a good profit. Cons: * The new brand would require $20 million in capital investment to cover additional production capacity and bottle molds. * The new LDL brand also needs at least $60 million for first-year introductory marketing expenditures. * The introduction of new product would take about two years plus one year if test market was needed. So three years indicated that the profit return would be a long-term investment. Product Improvement on anÃ Existing Brand: Pros: * Unlike new opportunity, product improvement such as introduction of H-80 formula to one of the current LDL brands would require less investment. It would cost $20 million for the improvement and $10 million as incremental marking expenditures, which was $50 million less than a new brand. * On top of it, Joy brand could cut its cost of goods by $3 million per year if this new formula was introduced. The brand relaunch would cost $10 million in marketing expense with no capital investment. Cons: * Although there is a data supporting how H-80 formula would capture the market, there was lack of data of the introduction of H-80 formula to the existing current LDL brands. * If consumers have already established a certain image of Joy brand group, can the change of formula attract new consumers and retain the existing consumers? * The introduction of new product would take about one year plus two year if test market was needed. So three years indicated that the profit return would be a long-term investment. Increase Marketing Expenditures on Existing Brands Pros: * Since the market has been static with the LDL category, Wright might avoid increasing the capital investment and reduce investment risk. * Wright could expand the overall profits by capturing larger market shares using extra advertising and promotion techniques. Cons: * There was lack of data supporting the increase in marketing expenditures on existing brands could produce the desired market share increase. * For some segments such as price brands, increasing advertising and promotion would not increase sales and market share if the price didnÃ¢â¬â¢t decrement accordingly. This was especially true in the depressed state of economy. Recommendations: The recommendation was to go with the combined feature of having both long-term and short-term investment. Introduction of a new product such asÃ H-80 appeared to be a too costly investment. In such a depressed state of economy, it was not a smart decision to invest $80 million for the new product. Out of $80 million, $60 million was only used to cover the cost of the first year, not to mention incremental cost for the next few years. The product would require 3 years in order to be introduced to the market. Using the cost/benefit analysis, I think the first option of new brand introduction was too risky. We could combine option 2 (product improvement) as a long-term investment with the option 3 (increase marketing expenditure on existing brands) as the short-term investment. Combining these two options could increase the sales volume with very minimum capital investment. In return, it meant less risk for Procter & Gamble. The timeframe with one long-term investment and one short-t erm investment allowed Procter & Gamble the time, resources, and capital to focus on two endeavors strategizing more efficient plans to tackle the charging and competitive market. Especially the case also indicated that increased marketing expenditures could be approved almost immediately if the plan was financially attractive.
Wednesday, January 8, 2020
BACKGROUND INFORMATION Alphonse Capone was born January 17, 1899 in Brooklyn, New York. He was Gabriel and Teresa CaponeÃ¢â¬â¢s, fourth of nine children; his parents were Italian immigrants. At the age of 14 Capone was expelled from school for assaulting a female teacher. Capone then started working for Johnny Torrio as a bouncer at one of his brothels; this is when Capone really began to get exposed to the mobster life. He was exposed to the mobster life because Johnny Torrio was one of BrooklynÃ¢â¬â¢s most notorious mobsters. (Gottesman Brown) Not too long after working as a bouncer, Al took a blade to the face and thatÃ¢â¬â¢s how he got the nickname Ã¢â¬Å"ScarfaceÃ¢â¬ . He was soon welcomed into the Five Points Gang where he partook in burglary, prostitution, long-sharking, and extortion. (Dictionary of American Biography) In late 1919- early 1920Ã¢â¬â¢s, Torrio moved to Chicago to partner up with mobster, Jim Colosimo and took young Al Capone with him (he was about 20-21). Capone was now a part of the Ã¢â¬Å"OutfitÃ¢â¬ ; a mobster organization that was ran by Jim Colosimo (Gottesman Brown); he was in complete control of the prostitution trade and a restaurant in Chicago (Dictionary of American Biography). Torrio was in charge of the resorts in Stickney and Burnham, Chicago; a Ã¢â¬Å"working class suburbÃ¢â¬ . During the 1920Ã¢â¬â¢s, the prohibition act took place, prohibiting the sell and consumption of alcohol. (Dictionary of American Biography) People were demanding alcohol, Torrio and Capone saw it as an opportunity