Saturday, January 25, 2020

Event Management Of Rio Carnival Festival

Event Management Of Rio Carnival Festival Introduction: The event selected in order to complete this piece of work is the Rio Carnival. This is one of the famous festivals and it is held before Lent and it is known as one of the biggest festival where the participant public is more than two million in numbers each day. The festival is one of the oldest one as well. Before going in to further detail of the event and covering the topic as of different required angles the researcher will give a brief account about event management and the advances which has taken place with the passage of time and introduction of latest technologies. (Getz, 2007) Life is full events that are not only interesting but full of attractions and adventure for the public. There has been a lot said and discussed and mostly one might find destinations under tremendous pressure as they are not sure how to deal by means of these events and save them as of becoming a touristic product. In the past, major events have been victim of different unwanted actions which has not only spoiled the image of the destination but in addition the fame of the event has been affected to a great extent. In the present world where technology through media has covered all the entertainment aspects for public and public can enjoy the event as of the confinement of their home just by sitting in front of their television sets, still the real joy is for live entertainment as public want to participate and be part of the colourful environment which cannot be captured or experienced through television no matter how good they are captured. A superior repeatable Event Management method offers an organization with the aptitude to sense Events, recognize them, and then choose on a suitable control commotion or action to avoid an occurrence and/or service disruption. Suitable activities or behaviours can comprise of an action to release an event or to trace an event. Well-organized service procedures base on the well-timed handling of the several activities essential to avoid confrontations and service outages. (Reisinger, 2009) As Event Management offers the capability to sense incidents before time, an association can configure technology to sustain an Event Management procedure to activate an event after it has been mechanically noticed and be automatically allocated to the suitable resolver faction for action before any definite service disruption or outage happens. Employing technology to sustain an Event Management procedure makes it probable for a few activities to be observed by exemption which can assist eradicate the requirement for costly and supply concentrated real time monitoring, whereas at the similar time, dropping unavailability or down time. Inside Event Management there are some altered kinds of events to handle which include: Normal Operation Events: These kinds of events can comprise an automatic announcement that a planned workload job has ended as usual or a consumer has logged into an appliance that they had the right point of admission to, or an email has attained an anticipated receiver. Standard process events are significant to observe since they might stand for a breach of policy or non observance to a development. (Richards et al., 2010) Exception Events: These kinds of events might comprise user endeavours to access an application with an wrong password too many times or, a devices CPU is above an acceptable utilization rate or a PC scan reveals the installation of unlawful software. (Reisinger, 2009) Unusual Events: These kinds of events typically represent something unexpected and require immediate notice such as server memory utilization within 5% of the highest expected performance level, or the conclusion time of a transaction 10% longer than normal. The key point with any of these event kinds is that instant action should occur in order to either raise an incident record or a dismiss and log of the event for further monitoring and trending. The Benefits of Event Management: By officially applying these key activities of an Event Management course, organizations are able to augment effective efficiencies by becoming more practical at managing operations that knowledge faults and service outages. In todays multifaceted IT environments, the degree of data being produced on a daily basis can be irresistible plus uncontrollable devoid of controlled and repeatable processes and the technology to support those processes. Millions of trades deals that rely on IT prop up are conducted every day. Devoid of an accepting of critical business processes, managing events turns out to be an unproductive best guess endeavour. (Getz, 2007) An outline of what the festival/event is: The carnival held once a year in Rio de Janeiro in Brazil is the for the most part well-known party in the world, growing year-on-year and attracting hundreds of thousands of foreign as well as national tourists. In the week about festival 80% of the yearly consumption of beer is drunk plus 70% of the yearly tourist profits are composed, undoubtedly showing the significance of the event inexpensively? To Brazilians festival and dancing are as significant as football, which is really saying something! The roots of festival: The name carnival comes as of the Latin word carnelevare meaning abstinence as of the eating of meat and poultry. Carnival week is held to agree by means of the start of the Roman Catholic period of Lent, 40 days prior to Easter. Lent is conventionally a period of abstinence, prayer and self-evaluation for Christians and represents the 40 days that the Bible tells us Jesus spent in the desert resisting the temptations of Satan. As the dates for Easter vary each year so do those for the main carnival weekend. There are several parades and parties by plus following the main labelled events in the Sambodromo, some of which are free plus held in the street in various districts about the city or as practice weekends in the central site itself. (Dunne L et al., 2002) Carnival as a festivity of music, dancing, misbehaviour as well as extremes plus dates back to the ancient Roman carnival of Saturnalia which was introduced in 217 BC to lift the confidence of battle-weary Romans next overcomes by the Carthaginians. It was classically a week of eating, drinking as well as the deride turnaround of the communal order, slaves being given several further liberties for instance Several Roman Emperors such as Augustus and Caligula tried to shorten the festivities to 3 days but were met by means of such chaos plus were forced to depart the occupants to their social gathering. (Getz, 2007) Rio Carnival today: Even though Rio Carnival may not be the lone party in Brazil, is still expensive well-known. As far as the participants are considered, biggest carnival in terms of member is held in Recife in the North where in 2006 1.5 million people took part. The Rio event has developed repeatedly since its occurring back in the 17th Century furthermore every year it grows in size and more area and samba schools turn out to be mixed up in the spectacle. Blocos (Blocks) are tiny or middle sized congregation of musicians and dancers drawn as of neighbourhoods who parade with a challenging topic, motto and point. They could be clothed in matching T shirts or in extra excessive outfit and there are now over 100 Blocos, numerous of whom do not even go away as of their street or neighbourhood while displaying. Hundreds of local people congregate and escort them in their hard work. (Richards et al., 2010) Over deeply financed samba schools are huge groups of performers which participate in parade competitions in a particularly built Sambodromo. These schools procession held on the 4 major nights of the carnival, along with the title parade person held on the Saturday night. The official opposition can be alienated into 10 categories and a winner picked as of each distribution after being reconsidered on each of the following; drumming band, Samba song, Harmony, Flow and spirit, subject of the year, Overall impression, Floats and props, Costumes, Vanguard group and Flag bearer. There are 4 judges in each group and these people sit in booths along the parade route in the Sambodromo. Great standing is awarded to the winners and the rivalry is taken very critically with massive amounts of attempts, exercise and money invested. (Reisinger, 2009) Entrance tickets for the Sambodromo parades are awarded and as such are costly even in the low-priced bleacher seats which cost some hundred dollars. Places in the VIP boxes run to thousands of dollars as they offer the spectator much more ease and availability of facilities, open bar, 3 course dinner etc. for what is a lengthy of viewing. Tickets and some hotels frequently sell out months in advance so if you want to go ensure a longer way in advance. The stakeholders: Keeping in mind the nature of the event it turns out to be clear that the stakeholders are basically the tourists and local audiences that come as of everywhere to enjoy this event, its colour and the different parade and dances which are the very major part of this festival. (Bichou et al., 2007) Social-cultural benefits and issues linked with festival: The modern world is facing threats like terrorism and target killing and there are many parts of the world where the criminals wait for such mega events so that they can get a chance to cause damage on high scales. The damage can be anything like robbing, killing and even bomb blasts which are normally the key focus for terrorists in todays world. The community may always feel itself at risk during such programs and events as the ratio of crime is higher and its difficult to trace and control due to the size of event. Talking about benefits, festival like Rio brings business to the country and enables the foreigner to understand the culture of the native people. Not only does it attract people for long time but even in the four (Getz, 2007) What tourists might perceive as an attempt to get closer to the authentic and to break through to the back region, hosts will often perceive as a violation, an infringement on private and personal space, and these differing perceptions shape the power relations flanked by hosts and tourists. Just as objects are altered as they are placed in the front and false back regions, the hosts are alienated through their roles in the business: they become anders, someone other than what they once were. This view of how hosts and their culture are changed allows me to locate the central notion of authenticity in the critique of the tourism business in the works in my learning. The three authors portray tourism as making those who live and work in the business anders. Returning to the notion of front and back regions, then, I argue that the artists portray the genuine back region as a space that has been lost or is threatened by tourism, as it is gradually becomes anders and is turned into a false, staged back region. The learning depicts tourism and its impacts as a threat, implicitly noting a failure to protect the authenticity of the back region as of tourism. Discussion on how the festival event can help to foster cultural understanding There are many possible ways in the carnival may help in order to foster cultural understandings. The world has turns out to be small village and as a result people have turns out to be closer to each other with the help of Information technology. That is the main cause behind the fact that people want to know about each others culture values and beliefs as they find knowing about these cultural values very interesting. In order to get the cultural understandings events like The Rio Carnival plays a key role as not only the fact that its is very attractive but at the same time its one of the famous and big festival that automatically attracts the attention of people as of all over the world and they want to know about it, how it started and the other linked cultures with it. (Bichou et al., 2007) People as of all over the world as mentioned earlier fly to Brazil to enjoy this festival. This gives them opportunity to know about the local cultures and the different interesting facts that may be associated with these cultures which may vary after every hundred miles depending on the locals of the country and different cultural beliefs which they may possess. Recommendations for mitigating negative social and cultural impacts of the event festival Contemporary world faces some serious threats. These threats can be terrorism, robberies, killings and other issues. Terrorists are always in search of such festivals and social gatherings where the number of participants irrespective of the fact that they are performer or audience. This simply for the reason that the more big the gathering is the bigger will be the level of destruction which may be caused by these terrorists. Therefore, it turns out to be the responsibility of the event management team and the concerned authorities to make sure that all the available latest tools and other facilities like information technology and managements and security techniques are adopted in order to make sure that the event management is successful at the same time is safe as of any kind terrorist activity which may cause the loss of precious lives. (Getz, 2007) Conclusions: Considering the intricacies of IT organizations at present, there is a strong need of fine Event management practice and the requirement for technology enabled procedures is vital for best possible operational effectiveness. The purpose of an Event Management course is to perceive events of significant service factors and react instantly to direct those events. At present we want data gathered, concurrent, processed and then analyzed as much swiftly and correctly as possible. Effectiveness commence with prior preparation to get an idea that which services are essential and entail supervision along with usual reassess sessions to keep these rules clear, precise and applicable. (Reisinger, 2009) Technology contributes a great deal in enhancing the Event Management process by computerizing the real process actions themselves (for example event recognition, event announcement and automatic incident formation), and through analyzing the results as of some other associated procedures (such as Configuration Management). Incorporation with other practices (particularly Incident Management, crisis Management, Accessibility Management, Configuration Management and Service rank Management) is crucially significant to guarantee that events are handled efficiently and that the maximum levels of accessibility and service are kept. (Getz, 2007)

Friday, January 17, 2020

Drama: A road to heaven

As I entered the auditorium to join the rest of the audience, I noticed the set stage, afraid that the play has began, I soon realised that it was set up like that for a purpose. This gave a very new impact to me and made you wonder what the production was going to be about. It also thought me that the beginning of the play does not have to begin with closed curtains or a frozen image. It gave it a very good way of introducing the play. Although the nurses sitting on the stage gave me a good perception of where the play was going to take place. The play was a musical, and it was portrayed in different styles of music and introduced in a variety of ways such as costumes, which showed creativeness and imagination for the scenes. The costumes allowed humour to be created and helped the song and the message that they were trying to get across. The music surprisingly were songs that can be recognised by any generation as they used the unforgettable and loved tunes of any age and they were altered to combine with the musical and characters of the play. The lighting helped the atmosphere and surrounding of the scene it helped us to focus on particular characters and the musicians were always seen as they had particular lighting in order for them to see the instructions. Musicians were not hidden and were visual to the audience at all times. This however did not affect the play. It was very helpful for us drama students, as we have never been introduced in a play where they were exposed musicians and it gave me an interesting perception and I was amazingly surprised by the fact that such a small orchestra composed and produced such wonderful and powerful music. I noticed throughout the scene how there was a young male nurse who helped with the characters' costumes and props. I believe that the purpose of him being in the scene dressed up as a nurse is to show us the constant of him helping the cast in the play itself and playing the role of a nurse n the story. The music conductor of the small orchestra spoke to the audience on behalf of the cast, he also helped the cast with their timing of the singing and the time they were going to actually sing this exposed his role with the orchestra and the play. The play was very enjoyable to watch and thought me many techniques and gave me a wide range of ideas. The characters were extremely entertaining to watch and I liked the use of music and ideas used by the company. It did not only teach me about techniques and performances but it also thought me something else about life, â€Å"that however old you are you can be as young as a toddler† and the second lesson and important message of all is that â€Å"You cannot always get what you want†. I hope too, that one day that however old I or anyone else gets we will never lose the young ness within ourselves just like the characters of Road to Heaven.

Thursday, January 9, 2020

Alcohol Summary - 2180 Words

* Executive Summary In 2001 spirit makers ended a long standing volunteer policy against aggressive alcohol advertising (Steiner and Steiner, 2009). Since that time, there has been an unprecedented shift toward increased alcoholic advertisements in an effort to increase market share and raise profits. This shift brings into light the challenge alcoholic companies face in balancing their fiduciary duties to their shareholders and their corporate and social responsibility to society. This report focuses on the issues surrounding Anheuser Busch’s Spykes beverage and the corporate and social issues similarly faced by other alcoholic beverage companies. Introduction There is growing public pressure for alcoholic beverage companies to†¦show more content†¦From society’s perspective, any activities conducted by the alcohol beverage companies to remove alcohol related problems like violence, decreased morality and intoxication related problems like drinking driving are seldom advertised and marketed. In this sense, society is only seeing advertisements related to increased consumption leading to increased profits. Accordingly alcohol industries fail to fulfill their ethical duty to be informative and truthful in their advertising efforts. At present, alcohol beverage companies create a brand image by sponsoring sports and cultural activities that attract drinkers, first starting as a social drinker and then becoming regular drinkers (Munro amp; De Wever, 2008). The current alcohol advertising regulatory system in Australia should aim to minimize exposure and appeal to children (VAADA, 2010). In Australia, advertising activities are regulated by legislation and a code of practice such as the Advertiser Code of Ethics and Alcoholic Beverages Advertising Code (ABAC). This code is based on a voluntary system of self-regulation which is funded and administered by the alcohol beverage companies. Currently there are no penalties for non-compliance (Jones, Hall amp; Munro 2008). Additionally, the organisation is partly funded by alcoholic beverage companies. This presents a conflict of interest as in most instances, their fiduciary duties are act in the best interests ofShow MoreRelatedCourtroom Observation Paper2742 Words   |  11 PagesL.L.C., d/b/a O’Malley’s Tavern (Appenllants) was the subject of a Summary Judgment Motion filed on behalf of the Appellants in the United States District Court for the Northern District of Indiana, Hammond Division. The lawyers in this case for the Appellant are Benjamin Walton and Jordan VanMeter. The Lawyers for the Appellee are Jackson Welch and Amanda Babot. The Appellant’s lawyers filed this Motion for Summary Judgment asking the Court to dismiss the lawsuit filed by the AppelleeRead MoreCriminal Law Does Not Punish People For Commit A Crime2047 Words   |  9 Pagesalso stated that, â€Å"a defendant may only be convicted under the Act of an Attempt of an indictable offence (i.e, an indictable only offence or an offence or an offence triable either way). A defendant may not be convicted of an attempt to commit a summary only offence unless the statute providing for that offence of attempt. Nevertheless, under S.1(1) of the Criminal Attempts Act 1981, the defendant has the actus reus of an attempts if he takes steps that are more than merely preparatory towards theRead MoreUsing A Hydrometer And A To Measure Sugar Content893 Words   |  4 Pagessugar content of a solution and the possible limitations in each of these pieces of equipment with regard to the introduction of ethanol. Summary: Hydrometer -Dissolved Sugar Based on Density:- Introduction: The brewing of beer is the process of using malted (i.e. sprouted) barley, a grain, to produce sugars that yeast can ferment into alcohol, this process is literally thousands of years old, it stands to reason that brewers must have developed methods to measure the amount ofRead MoreIsopropyl Alcohol And Its Various Uses1277 Words   |  6 PagesDescription Did you know that the alcohol present in the rubbing alcohol that we find in the store is isopropyl alcohol? Besides being a disinfectant, isopropyl alcohol has other uses. In this lesson, we will learn all about isopropyl alcohol and its various uses. !!!Isopropyl Alcohol: Structure and Formula Are you prone to getting minor cuts and wounds? If you are then you must be no stranger to using rubbing alcohol. 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The study was conducted on men that were between the ages of eighteen to sixty-five years old, and they consumed additional alcohol then they wanted to. The men that were in the study have permanent housing, they are not dependent on any substanc e that is not alcohol or nicotine, and they haveRead MoreOxygen Bearing Compounds1663 Words   |  7 PagesDichromate test, Tollens Test, DNPH test, Iodoform Test, and Lucas Test. This was conducted to classify the samples from being a primary alcohol, a secondary alcohol, a tertiary alcohol, aldehyde, or a ketone. Introduction In analyzing the oxygen bearing organic compounds, there are several tests that may be performed to distinguish among the different classes of alcohols, aldehydes, and ketones. All these tests exploit differences in the type and degree of reactivity of each of the functional groupsRead MoreMental Status Exam : Ms. Lewis Essay1564 Words   |  7 PagesHISTORY Regarding his alcohol consumption patterns, Ms. Lewis stated after the first time she consumed alcohol at the age of twenty-two years of age, she continued her consumption of alcohol monthly. Ms. Lewis stated at the age of twenty-eight, her use of alcohol has ceased. Ms. Lewis stated that she was with family in her home. Ms. Lewis reported that she consumed one glass of wine in about ten minutes. Ms. Lewis stated that she has not noticed the effects of alcohol when she has consumed oneRead MoreCourtroom Observation, Liberty University Essay1772 Words   |  8 PagesCourt Tournament at the Liberty University School of Law, White V. Gibbs CA# -8776-CV285. This case is between the (plaintiff) Mrs. White and the (defendants) Patrick Gibbs and Stand Alone Properties, L.L.C. as O’Malley’s Tavern. A Motion of Summary Judgment on behalf of O’Malley’s Tavern in the US District Court of Northern District of Indiana. Is being argued/presented. Briefly; Mrs. White is suing the defendant Patrick Gibbs of O’Malley’s Tavern where as the bartender served Mr. Hard withRead MoreALCOHOL WITH CHARCOAL AS SUBSTITUTE TO PENTEL PEN INK2817 Words   |  12 PagesALCOHOL WITH CHARCOAL AS SUBSTITUTE TO PENTEL PEN INK An Investigatory Project Presented to The Faculty of the High School Department Surigao Education Center Km. 2, Surigao City ____________________________________ In Partial Fulfillment of the Requirements For Science III ____________________________________ by Alutaya, Klaus Steven Kinkel G. Guy-ab, Jayford Jumandos, Julie Ann Cabuyaon, Laica Chua, Joshua Jordan . Roma, Jaypaul March 2013 ii ACKNOWLEDGEMENT Whatever

Wednesday, January 1, 2020

Freedom Of Speech Of Professional Athletes - Free Essay Example

Sample details Pages: 2 Words: 651 Downloads: 5 Date added: 2019/05/08 Category Law Essay Level High school Topics: Freedom of Speech Essay Did you like this example? Professional male African American athletes are some of the most influential people to young males today. This is because most young males take interest in sports and when watching these professional athletes they are intrigued by the 59 yard pass they threw or the extreme dunk they mastered. Furthermore, amazed by their personal lives such as money and material things, but failing to realize that these same professional athletes are being targeted by hate and racial acts. Don’t waste time! Our writers will create an original "Freedom Of Speech Of Professional Athletes" essay for you Create order Professional athletes are told to ?shut up and do their jobs which has become a trend in the eyes of the political community. Professional athletes should be allowed freedom of speech and protest without negativity because they inspire a lot of people (fans), self-sustained individuals and they are also affected by society and political issues. Athletes have a long history of using their platforms to express their political views and do not intend to stop. An athletes identity isnt solely defined by his or her profession. One athlete in particular who uses his platform to express political views is LeBron James. ESPN ranked him the most famous American athlete and called him The most powerful voice in his profession. He is an outspoken athlete, fairly staid social activist, who offers unobjectionable opinions. He continues to speak about police shootings through the eyes of a father of young black males. All of these actions are worthy enough and reflective of only a surface level engagement with the problems the country faces, which will not be solved by general agreement that police should not shoot unarmed black children. Critics of players protesting injustice are that athletes are not supposed to be political figures. But athletes have historically been front and center during times of perceived social injustice. Several professional athletes have forebears such as Muhammad Ali, Jackie Robinson, Tommie Smith and John Carlos, among many others. In Professor Adrian Burgos Jr. article Do politics or protest have a place in sports? he focuses his research on the history of U.S. sports, specifically as it relates to minority participation in sports. Sports have always been political as well as the site of protests. Politics decide whether new stadiums are built, how they are funded and who profits from them. The playing of the national anthem at sporting events was a political decision. Dating back decades, sports have often been used as a platform to raise larger, more complex issues to a general audience. Especially in recent years, athletes have been willing to engage in conversation and take a stand when it comes to issues that matter off the field. Several athletes have encountered hatred, injustice issues such as police brutality and racial acts. The police brutality experienced by Sterling Brown, a rookie guard for the Milwaukee Bucks, exposes lies and provides a window into how money and fame dont inoculate black people from racism. Janet Sharp Hermann, in her book The Pursuit of a Dream, talks about frightening tales of misery suffered by well-off blacks in the early 1900s. Hermann writes of a black man who operated a printing shop and published a newspaper. He lived in a nice home until a white mob chased his family out of the town and made him sell his home. A black grocer, deserted his business forced to sell it, they refused to allow him to enjoy such n ice possession. This demonstrates that successful black people have long faced racism, because their success elicits the fury of white Americans. Overall, the trending phrase shut up and do your job isnt going to change the political views of professional athletes, particularly when they are voicing concerns on issues many Americans are concerned with themselves. Entertainers and celebrities discuss American politics for many of the same reasons that business owners, service members and religious leaders discuss politics. They are all American citizens with ideas about policies that affect the communities they represent.

Tuesday, December 24, 2019

Case Study 10.1 Electrolux Cleans Up Essay - 615 Words

Case Study 10.1: Electrolux Cleans Up Amanda M. Green BUS5450 – Organizational Behavior Dr. McKibbin August 10, 2012 Electrolux Cleans Up The housewives of today rely on innovation to produce household products with the capabilities of simplifying their jobs at home. Companies, such as Electrolux, have teams of employees assigned to the task of creating new kitchen appliances and cleaning products geared around the needs of the world that can take their company to next level in modern technology. With the fierce competition threatening the success of Electrolux, the company revamps their strategy by appointing Hans Straberg as the new Chief Executive. The strain on the company’s finances left Mr. Straberg with no choice but to†¦show more content†¦This allowed them to discuss out loud what they felt needed to be done in order to produce exactly what the consumers wanted. It was the ultimate think tank. His reason for this was so that everyone could be on the same page. Based on the case study, prior to this every department did its own thing which leads to complications down the line. The most beneficial thing that came out of the collaboration was the ability to nip the problems from the beginning. It saves so much time and money if the problem can be stopped or prevented in general. For instance, during the case study when designers wanted the â€Å"Breeze† to be smaller, the engineer Frucco was able to tell them right from the start that the charging station wouldn’t fit in a smaller model (Ivancevich, Konopaske, amp; Mattenson, 2011). It saved time by not having to create a model and recreate it. These minor details are what set Electrolux apart from the competition. The company’s ability to function as a team allowed them to gain different perspectives and create in a shorter time period than the rest. The case study proves that when it comes to the consumers, they do not care about price as much as they do effectiveness. If the product gives the consumer exactly what they need and want, they are more than willing to pay the price. A company’s success depends solely on each department’s ability to function as one and without teamwork this task is impossible. References Ivancevich, J. M.,Show MoreRelatedMarketing Mix of Haeir18481 Words   |  74 Pagesproject â€Å"Marketing Mix Mapping For Haier In Refrigerators, Washing Mapping And Air Conditioners â€Å" is a record of work conducted by me towards completion of summer internship program in ICFAI BUSINESS SCHOOL in Bhubaneswar. No part of the research study has been presented for any other degree or diploma. Place: BHUBANESWAR DATE: Read MoreCase Study148348 Words   |  594 Pages978-0-273-73552-6 (web) All rights reserved. Permission is hereby given for the material in this publication to be reproduced for OHP transparencies and student handouts, without express permission of the Publishers, for educational purposes only. In all other cases, no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without either the prior written permission of the Publishers orRead MoreConsumer Lifestyle in Singapore35714 Words   |  143 Pages45 Attitudes To Shopping ............................................................................................................ 46 Main Household Food and Non-food Consumables Shop ...................................................... 47 Top-up Food Shopping ..................... ...................................................................................... 47 Shopping for Big-ticket Items .............................................................................................Read MoreStrategic Marketing Management337596 Words   |  1351 Pagesstrategic perspectives Models of portfolio analysis Market attractiveness and business position assessment Criticisms of portfolio analysis Summary The formulation of strategy – 2: generic strategies and the significance of competitive advantage 10.1 Learning objectives 10.2 Introduction 385 387 387 viii CONTENTS 10.3 Types of strategy 10.4 Porter’s three generic competitive strategies 10.5 Competitive advantage and its pivotal role in strategic marketing planning 10.6 Summary 11 TheRead MoreMarketing Mistakes and Successes175322 Words   |  702 Pages1-800-CALL WILEY (225-5945). Library of Congress Cataloging in Publication Data Hartley, Robert F., 1927Marketing mistakes and successes/Robert F. Hartley. —11th ed. p. cm. Includes index. ISBN 978-0-470-16981-0 (pbk.) 1. Marketing—United States—Case studies. I. Title. HF5415.1.H37 2009 658.800973—dc22 2008040282 ISBN-13 978-0-470-16981-0 Printed in the United States of America 10 9 8 7 6 5 4 3 2 1 PREFACE Welcome to the 30th anniversary of Marketing MistakesRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pages 22/10/2007 11:54 Page 597 CASE STUDIES ECS8C_C01.qxd 22/10/2007 11:54 Page 598 ECS8C_C01.qxd 22/10/2007 11:54 Page 599 Guide to using the case studies The main text of this book includes 87 short illustrations and 15 case examples which have been chosen to enlarge speciï ¬ c issues in the text and/or provide practical examples of how business and public sector organisations are managing strategic issues. The case studies which follow allow the reader to extend

Sunday, December 15, 2019

Acc/230 Week 6 Assignment Free Essays

Week 6 Assignment: Candela Corporation Case Rebecca Mouser ACC/230 Financial Reporting: Peeking Under the Financial Hood November 4, 2012 Instructor Nathan McDaniel Week 6 Assignment: Candela Corporation Case Assignment: Candela Corporation Case Resource: Ch. 4 of Understanding Financial Statements * Compose a 500- to 750-word paper responding to questions 1 and 2 of the Candela Corporation Case on p. 146 (Ch. We will write a custom essay sample on Acc/230 Week 6 Assignment or any similar topic only for you Order Now 4). * Format your paper according to APA standards. * Post your paper as an attachment. 1. Using the Consolidated Statements of Cash Flows, prepare a summary analysis for the years ended July 3, 2004, June 28, 2003, and June 29, 2002. Analyze the cash flows for Candela Corporation, Inc. for all three years. 2. Explain what information you gain from the statement of cash flows that cannot be found directly from the balance sheet or income statement. â€Å"Candela Corporation is a pioneer in the development and commercialization of advanced aesthetic laser systems that allow physicians and personal care practitioners to treat a wide variety of cosmetic and medical conditions† (Fraser amp; Ormiston, 2007, pp. 46-147). After reviewing the corporation’s statement of cash flows for the years 2002, 2003, and 2004, it is clear that the company has taken on many changes financially. In 2002, Candela Corporation had a weak start with several losses compared to the years 2003, and 2004. In 2002, Candela had a net loss of $2,154 (thousands) compared to a net gain in 2003 and 2004. Candela Corporation had a significantly higher amount of loss in its net cash used in operating activities of $7,071 (thousands) compared to its net loss of $2,154 (thousands), a difference of $4,917. Candela Corporation also had a net loss in its investing activities of $1,058 (thousands), and a net loss in its financing activities of $5,141 (thousands). Candela also had a loss of $68 (thousands) on its income taxes for the year. In 2002, the company took a loss in the following operating areas according to their statement of cash flows. Provision for deferred taxes $115 (thousands), tax benefit from exercised stock options $6 (thousands), effect of exchange rate changes on foreign currency denominated assets and liabilities of $305 (thousands). Account receivable $3,525 (thousands), notes receivable $54 (thousands), inventories $1,661 (thousands), and accounts payable $3,069 (thousands) and income tax payable $784 (thousands). Net losses in investing and financing areas include purchase of property, plant, and equipment of $1,058 (thousands), repurchases of treasury stock of $5,215 (thousands), and principle payments of long-term debt of $370 (thousands). In 2003, Candela Corporation had a net profit at the yearend of $6,814 (thousands) with a net cash used in operating activities of $11,655 (thousands); a significant difference from 2002. Candela Corporation still had a net loss in its investing activities of $1,227 (thousands) while they had a net profit in its financing activities of $176 (thousands). Other net losses the company incurred in its operating, investing, and financing activities sections were provision for bad debts $13 (thousands), provision for deferred taxes $682 (thousands), and tax benefit from exercised stock options of $505 (thousands). Other areas are restricted cash $57 (thousands), account receivable $2,417 (thousands), accounts payable $1,409 (thousands). Accrued warranty costs of $921 (thousands), purchase of property, plant, and equipment $1,227 (thousands), net borrowings (repayments) on line of credit $1,114 (thousands), and principle payments of long-term debt of $3,330 (thousands). Candela Corporation seems to be most successful in 2004 according to its statement of cash flows. In 2004, Candela Corporation had a net income of $8,119 (thousands) and $1,132 used in net operating activities. Even though the company still had several losses in 2004 they were still able to profit from the last two years. Other net losses the company incurred in its operating, investing, and financing activities sections were tax benefit from exercised stock options of $1,223 (thousands), restricted cash $200 (thousands), accounts receivable $7,663 (thousands) and inventories of $2,134 (thousands). Other current assets of $2,550 (thousands), other assets $236 (thousands), accounts payable $91 (thousands), income tax payable $1,312 (thousands), and purchase of property, plant, and equipment of $685 (thousands). The income statement and balance sheet provides an adequate amount of information, but the statement of cash flows provides a clearer picture of what a company is doing and how well they are doing. The income statement and balance sheet provides information about the accounts receivable and the accounts payable as well as depreciation; the statement of cash flows also provides this information. â€Å"A company’s financial statements consist of the balance sheet, income statement and cash flow statement. The balance sheet summarizes the assets, liabilities and shareholders’ equity of the company. The income statement shows the sales-related activity over a period, which is usually a quarter of a year. The cash flow statement shows the cash inflows and outflows during a period. Financial information is important in assessing a company’s profitability, detecting problem areas and making investment decisions† (Basu, 1999-2012). References Basu, C. (1999-2012). The importance of Income Statement and Cash Flows. Retrieved from eHow: http://www. ehow. com/info_8274659_importance-income-statement-cash-flows. html Fraser, L. M. , amp; Ormiston, A. (2007). Case 4. 2 CandelaCorporation. Prentice Hall. How to cite Acc/230 Week 6 Assignment, Papers

Saturday, December 7, 2019

Operation Management Business and Administration

Question: Discuss about theOperation Management for Business and Administration. Answer: Introduction: Operation management involves the business and administration practices for creating a perfect level of efficiency within a company. According to Ageron, Gunasekaran Spalanzani (2012), operation management is solely concerned with the labor, converting materials and the services of products in order to enhance the final process of profit of an organisation. In this present essay, various relevant issues will be discussed that are encountered by Hawkesbury Cabinet Pty Ltd. This company manufactures kitchen cabinetry, which is produced on the preferences of the customer. The essay will also identify several operational elements, which are responsible for influencing the overall image and production of the concerned company. The operation management of an organisation usually deals with a vast range of roles and responsibilities for maintaining the concerns of supply chain management for further success of an organisation. Wong et al., (2012) have mentioned that the operation management of an organisation also includes the adequate management of adopted strategies to complete the project in proper time. Even process manager should be competent enough to take appropriate decisions during the crisis period of the organisation. Only with good strategy by the operation manager, the encountered crisis can be mitigated (Hill Hill, 2012). Discussion In this section, the present production system and the process of Hawkesbury Cabinets Pty Ltd. will be discussed in a detailed manner. Mei Chen and Fung in Sydney established this company in 2008. With the talent and skill of Mei and Fung, who are qualified cabinetmaker and interior designer and potential to produce an excellent product for their company. This company has been established in order to provide efficient services to the customers of Hawkesbury in China at the initial stage. However, with the constant demand and criteria of the customers, Hawkesbury Cabinets Pty Ltd. Changes own strategy to expand the business. The primary concern of these two founders was to provide manufactured cabinets to the customers according to their diverse preferences (Hassini, Surti Searcy, 2012). Although at the initial stage, the founders have encountered with serious problems, as there are a huge variety of cabinet demands arriving from the customers, however, they have solved this issue wi th the adaptation of effective strategies. Fung has taken the role of production and operation manager, and Mei has taken care the financial segments of Hawkesbury Cabinets Pty Ltd. in order to solve the problem in a proper manner. Mei has shown perfect potentiality as financial manger within the organisation and has taken the entire responsibility of the general manager of the concerned company. Therefore, with the proper distribution of the managerial roles and responsibilities of Hawkesbury Cabinets Pty Ltd., every task are completed within appropriate time, and it also helps to enhance the brand image of the company. The managers of Hawkesbury Cabinets Pty Ltd. solely concentrates on manufacturing the kitchen set and cabinets on the preferences and choices of the consumers for achieving the best place in the market and industry of furniture. At first, Fung consults with the customers about their choice about the cabinets of the kitchen. After that consults with Mei to improve the design, color for a perfect, unique and attractive kitchen cabinet. Both the managers have understood the fact that satisfying the customer's need and demand is the primary principle to continue the business and achieve the best position in the market with a high range of profit (Basaran, 2012). As Hawkesbury Cabinets Pty Ltd. is famous for providing the kitchen cabinets according to the preferences of customers, therefore, this company has earned reputation in a short period than the other competitor businesses in the market. This company becomes famous for providing standard quality product at less expensive prices. Th e company is capable to manufacture limited kitchen cabinets in small batches, which is ranged in between single to five kitchen cabinet (Ratnasingam, Yoon Iora, 2013). The custom-designed kitchen cabinetry of Hawkesbury Cabinets Pty Ltd. captures most the sales revenue of the company. Hawkesbury Cabinets Pty Ltd. operates with the facility of a single manufacturer, which is potential enough to manufacture both the standardised and customised kitchen cabinetry. This company involves high quality raw material in order to add adequate flexibility to the complete kitchen cabinets. All the equipment are segmented in the separate portion of the factory of this concerned company. The basic manufacturing tasks are completed in one area, and the finishing and painting part of these manufactured kitchen cabinets are done in a separated area of the factory with the proper maintenance of element of the environment (Pakdil Leonard, 2014). Various assembly areas are established in a strategic manner within the plant. The finishing system of the manufactured product of Hawkesbury Cabinets Pty Ltd is of high esteem, and it reveals the skill, artisanship and the high quality raw materials of the kitchen cabinet. The new builders' kitchen line has tremendous impact on the operations and process of Hawkesbury Cabinets Pty Ltd. as since past few months, the sale of builders' line of kitchen has been increased in a gradual manner only because of regular scheduling of the work. The custom kitchen was always concerned with the profit margin and higher sales revenue during the trade-offs. However, a huge range of standard cabinet components was left at the different stages of completion only because of the changes in the volume of the work process. Therefore, the previous manufacturing area of Hawkesbury Cabinets Pty Ltd. has been completely transformed into the partially completed kitchen cabinets, with which the factory is clogged up, and it is not at all the spacious area of manufacturing. After reviewing the entire process and operations of the new builders' kitchen line, Mei Chen has noted the factors that influence the growth of the profit and sales revenue of the company. However, the profit margin of the custom kitchen is strong, and the position of builders' kitchen line is constantly increasing. The accountant of the concerned company argues that the profit margins are not up to the mark and satisfactory at all, if it is considered to be compared with the previous profit margins of the company. This problem may arrive because of inefficient operational management of an organisation, which is not perfect to mitigate the organisational issues (Sayem, Islam Khan, 2014). A significant amount of money is tied up with the unfinished product of Hawkesbury Cabinets Pty Ltd, therefore, the completion of the product will take more time than the promised delivery period. The existing operation management of this company limiting the manufacturing capacity. Therefore, both the managers should adopt potential and adequate strategies to regain the past position of the company with perfect operation management. Conclusion The essay carefully evaluates and analyse the production system and process of the Hawkesbury Cabinets Pty Ltd. it also discussed the impact of new builders' kitchen line on the operational structure of this company. This essay adequately addresses the issues related operation management of the concerned company as it has a proper capability to achieve the targeted goal of the company. At the end of this essay, both the manager have decided to improve the structure and the functions of operation management for the future success of the company. If the operation management is not properly structured then it will undoubtedly hamper the profit margin of the company, which is evident in the case of Hawkesbury Cabinets Pty Ltd. References Ageron, B., Gunasekaran, A., Spalanzani, A. (2012). Sustainable supply management: An empirical study.International Journal of Production Economics,140(1), 168-182. Basaran, B. (2012). What makes manufacturing companies more desirous of recycling?.Management of Environmental Quality: An International Journal,24(1), 107-122. Hassini, E., Surti, C., Searcy, C. (2012). A literature review and a case study of sustainable supply chains with a focus on metrics.International Journal of Production Economics,140(1), 69-82. Hill, A., Hill, T. (2012).Operations management. Palgrave Macmillan. Pakdil, F., Leonard, K. M. (2014). Criteria for a lean organisation: development of a lean assessment tool.International Journal of Production Research,52(15), 4587-4607. Ratnasingam, J., Yoon, C. Y., Iora, F. (2013). The effects of ISO 9001 quality management system on innovation and management capacities in the malaysian furniture sector.Bulletin of the Transilvania University of Brasov, Series II. Forestry, Wood Industry, Agricultural Food Engineering,(1). Sayem, A., Islam, M. A., Khan, M. M. A. (2014). Productivity enhancement through reduction of changeover time by implementing SMED techniquein furniture industry.International Journal of Industrial and Systems Engineering,17(1), 15-33. Wong, C. W., Lai, K. H., Shang, K. C., Lu, C. S., Leung, T. K. P. (2012). Green operations and the moderating role of environmental management capability of suppliers on manufacturing firm performance.International Journal of Production Economics,140(1), 283-294.