Case Study--i've got rhythm Study Example | Topics and Well Written Essays - 250 words

--i've got rhythm - Case Study Example This category is convoluted in the sale of medical devices. The experts in this sector offer patients the service of specific technical programming of various machines. They also give information on machines to the medical personnel in charge of hospital machines. The first option involved hiring a lot of direct sales force that would get to the market more deeply and market the products. This option would have a direct impact on the business since it would increase the market range. This action would foster better relationship between the company and its customers due to direct contact. However, this option is disadvantageous since it lowers the morale of existing sales personnel. The second option involved creating clear-cut job descriptions between the sales people and the technical representatives. The salespeople focused on selling the machines that the technical team handled machine operation. This option could lead to increase in sales since each group could add more effort on their area of specialty. However, creating a gap between these two groups would lead to dissatisfaction of customers. The third option involved focusing on the areas that had more probable customers. Concentrating on major market areas would result into high sales since the target was easy. However, this method left out the option of looking for new markets. The fourth option involved converting the sale force into a team that would work together to increase the sales. In this option, the sales specialist and a technical specialist would work together so that the rate of customer satisfaction would rise and consequently the number of sales would increase. However, a major disadvantage is that the operational cost would be very high and hence profit rates would reduce. I would recommend the fourth option since it provides more room for growth in the company. Coordination ensures that everyone in the team has the knowledge on all aspects of the business and

Film :: essays papers

Film Legalization: A Debate In the United States today, there is much controversy about the legalization of certain drugs. In a book written by Eliot Marshal entitled Legalization: A Debate, he talks about such circumstances. Not only does he just talk about the U.S., but the laws on drugs around the world. â€Å"Laws regulating drug use vary widely from country to country. In Malaysia, for example, substance abuse is a violation of religious law and drug trafficking is automatically punished by death. In Nepal, by contrast, the government not only tolerates the use of psychoactive substances but collects taxes on the drug trade. Policies concerning drug abuse in the United States lie somewhere between these two extremes and are constantly changing as evidence concerning the dangers and consequences of drug use accumulates.† In the book, the talk about Prohibition comes up. The author writes, â€Å"In time, Prohibition came to be seen not just as a failure but as a desperate and foolish mistake. Today, many people who oppose controls on â€Å"recreational† drugs - particularly controls on marijuana - cite Prohibition as evidence that it is futile to try to outlaw a popular intoxicant. The heart of this argument is that, even if it was desirable in theory, prohibition cannot be carried out in practice. People will find a way to get what they want, the argument goes, and outlawing a drug merely sends drug seekers into an illegal black market.† Another chapter in the book, which is discussed by the author, is Illicit Drugs as Medicine. The author talks about a man named Robert Randall. Robert Randall is a man who can just walk into a pharmacy and pick up a prescription that contains about 300 neatly packed marijuana cigarettes. He had taken this idea all the way to the court as being â€Å"marijuana therapy†. The marijuana is cultivated on a farm run by the federal government in Mississippi and processed under federal government. He had said that the marijuana eased the pain caused by his illness known as glaucoma. Glaucoma, is a progressive disease of the eye and optic disc that often results in blindness. Randall does not have to pay for the marijuana, because the government does not want to put itself in the awkward position of selling marijuana, an illegal activity. Marijuana has also been proven to help out other illnesses. For example, marijuana has been proven useful in preventing the nausea and vomiting com mon in cancer patients treated with strong chemicals and radiation.

Relationship Between Global and Local in Globalization Essay

Globalization is the process by which different individuals, states, regions, societies and cultures have become integrated through a global network. This can be categorized as either political which includes global leadership, formation of regional bodies, Economic globalization which includes trade, communication, transportation and social globalization which includes religion, education among others. Due to the dynamic nature of globalization, states and individuals have found it necessary to adapt to the different changes in order to survive. Thus it has become evident that globalization has affected the society both at global level and at local level. This paper will focus on the relationship between the global and the local in globalization with examples in the political, economic and social areas. At global level, globalization is evident in almost all areas of life as no one state can survive without interacting with other states. It has led to the co-operation of states in many different areas. For example, in the political arena, states have to ensure that laws that govern them conform to the norms in the international community and more specifically international law. Member states have had to form regional bodies and international organizations that deal with issues that affect them for example, war, food security, environmental problem, poverty among others. Furthermore, political globalization has created a form of hierarchy in the international community where as the developed countries e. g. U. S. A and Britain dominate the less developed countries e. . African states. In terms of economic globalization, we have seen the emergence of common markets based on the ability to exchange goods and services from one country to another depending on the availability of resources and labor. For example globalization has greatly contributed to the migration of people from countries with less developed markets to those that have greater opportunities and large amounts of wealth. In terms of social globalization, we have seen the rise of interaction at global level on the basis of religion, culture, technology and education. The most significant of these areas has been technology as it has greatly facilitated the interaction of people from all parts of the world not only through social networks like facebook, yahoo and twitter but also through business and education forums. We can say technological advancement has been the greatest contributor to globalization. Globalization is also evident at local level and can been seen through the way that both individuals and even governments try to keep with the changing times. This can also be categorized as above in the global level in terms of political, social and economic areas. In the political arena, we see our local leaders changing in order to identify themselves with a specific target group, in economics, we see people moving from rural to urban areas in search of a better way of life while in the social context, this can be seen through education for example where students are encouraged to learn additional languages to make them more marketable in job market, religion for example people of different religious backgrounds working together for the better good of the country and most of all through technology that facilitates the interaction of people from all parts of the country. It is clear to see in both areas- global and local globalization has had its impact on all areas of life. The relationship between the two therefore comes about when the locals or governments have no other choice than to adopt to whatever trends come up in their day to day lives. In terms of politics, due to the fact that states have formed alliances and organizations within the international community, it is inevitable that whatever actions they perform conform to the norms and rules that have been set out by the groups they belong to. For example in terms of laws, countries have to ensure that the laws that govern them go hand in hand with the treaties or agreements that they have entered to. This is to say that a country cannot pass a law at the local level that is against a law that they agree to abide to at the international level. In economic terms, we see how both local and global globalization intertwines especially with the rise of regional and international common markets. One good example is the formation of the European Union which led to all countries within the union adopting one common currency- the euro which has from that time on become the official currency of the region both within the individual countries and in the region at large. On the social front, we see how people of different countries each with different cultures have come together in one aspect of the other. For example looking at education, local schools and varsities have to get accreditation from different organizations both locally and internationally to ensure that students who got throw their system are recognized both within the country and also in the international community. In terms of religion we see the relationship through the fact that local churches, mosques, temples follow the same teaching under one leadership for example the Catholic Church elects archbishops who have to be approved by the pope-the leader of the Catholic Church who is not even necessarily a citizen of that country. From the above, it is clear to see that theirs is a very strong relation between the global and the local in globalization. This is mainly because the world is a global village and interaction between states and individuals is inevitable and people therefore have to do whatever is necessary to keep up with the changing times. This is further enforced by the fact that states (which represent the local population) have to participate in the international community. No man is an island therefore interactions between entities are inevitable.

The Wheel and Other Re-Inventions of Timeless Classics

Green Supply Chain Management Is A Solid Means For...

Green supply chain management is a solid means for accomplishing the eco management points of an organisation, and is additionally a development of supply chain management. Although green supply chain management is an augmentation of the current supply chain management research from a micro perspective, it is additionally one part of eco management that considers nature from the macro perspective. Subsequently, it can be said that eco management unquestionably merits thought. As indicated by Shrivastava (2007), administrative structure and structure are inner elements, while legislative regulation, social weight, business sector weights, and a situation related standard are demonstrated as outer variables. Banerjee (2001) conveyed out a†¦show more content†¦Fiksel (1996) contends that associations can possibly get to be eco-accommodating towards item re-fabricating. Substantial businesses that have complex supply chains ought to think about over the profits of converse logistics. Beamon (1999) recognized the improvement of Iso14000. This was presented as an aftereffect of the Rio Summit on The earth in 1992. There are developing weight bunches that calls for firms to support greening in the inventory network. There are a numerous writings that identify with Green Configuration. Johnson (1998) inspected the part of buying in reverse logistics framework and configuration. In this study, twelve American assembling plants took an interest and it give s the idea that every one of them was agreeable to switch logistics without government enactment having been forced. Taleb and Gupta (1997) made connected calculations to outline an item recuperation framework. This study demonstrates that center calculations and allotment calculations are the booking frameworks that would help lessen waste. 2 Life-cycle breakdown Life-cycle breakdown is also a critical sub-idea to Green logistics. Life-cycle breakdown was acquainted with measure ecological and asset related items to the creation process (Srivastava, 2007). This estimation includes in stages from extraction of raw materials, creation, appropriation, and remanufacturing, reusing and last transfer. Gungor and Gupta (1999, p.

Darwin in Dr.Jekyll and Mr.Hyde - 1835 Words

In Robert Louis Stevensons The Strange Case of Dr. Jekyll and Mr. Hyde, as well as in Charles Darwins On the Origin of Species of Natural Selection, mans dual nature is illustrated in terms of evolution and morality. In this essay I will argue that Stevensons description of both the interior and exterior struggles of Dr. Jekyll and Mr. Hyde echo Darwins theories of evolution and natural selection. Through close readings, comparisons, and the juxtaposition of the novel and theoretical genre, I will explain how Stevensons physical description of Edward Hyde can be divided into three streams (the primitive being, the animalistic, and the childlike) and mirrors Darwins argument that man still bears in his bodily frame the indelible†¦show more content†¦There is no rational reason as to why Hyde killed this innocent man, only that he could not contain himself and was completely overcome with the instinct to kill. Humans are dynamic parts of society, subject to learn restrain and that violent behavior is socially unacceptable. Hyde however, acts purely on his instincts, typical of an animal that early on learns the harsh realities of the food chain in the animal kingdom. This incorporation of animalistic discourse is also practiced by Darwin: The grounds upon this conclusion rests will never be shaken, for the close similarity between man the lower animals in embryonic development, as well as in innumerable points of structure and constitution, both of high and most trifling importance,- the rudiments which he retains, and the abnormal reversions to which he is occasionally liable.(Darwin, 1362) Here we see Darwin acknowledge our biological relationship to animals that cannot be argued. However, he also extends the relationship between intellectually inferior animals and humans to our behavior. As mentioned in the above quote, natural animal instincts such as the will for individual survival and the protection of children can be found in all animals, including humans. Darwin also acknowledges that humans can sometimes revert to purely animalistic behavior. HoweverShow MoreRelatedThe View of Human Nature Presented in Dr. Jekyll and Mr. Hyde3064 Words   |  13 PagesVictorians were very dedicated to their work and gave up their social life for the sake of others and for reputation. Stevenson used science as a base of his novel to suggest duality in human nature. In the same period as the novel was set Charles Darwin, a scientist had suggested that humans had evolved from apes. Stevenson portrays this with his description of the â€Å"animalistic† features of Hyde. Stevenson says ‘has Jekyll become the â€Å"ape-like† Hyde, who moves â€Å"like a monkey†? It’s as JekyllRead More Comparing League of Extraordinary Gentlemen, Mary Reilly, and Dr. Jekyll and Mr. Hyde2163 Words   |  9 PagesLeague of Extraordinary Gentlemen, Mary Reilly, and Dr.Jekyll and Mr.Hyde      Ã‚   Robert Louis Stevensons short novel, The Strange Case of Dr. Jekyll and Mr. Hyde has spawned many retellings of Dr. Jekylls tale, as well as variations on the theme. The Jekyll and Hyde conceit is one that lends itself to many different forms of literature, such as motion pictures and sequential art. Sometimes liberties are taken in reinterpretations of Mr. Hyde from the original text

Global Financial Crisis India Free Essays

By Subhankar Das THE recent economic crisis, which originates in the USA, is being transmitted to almost every corner of the world like an epidemic, although economist thought that this dreaded financial turmoil will be a pandemic pertaining to only the USA. This financial tsunami has primarily three fangs which eventually engulf investment of investors’ worldwide. The first foremost reason is the direct impact on the balance sheets of many FIs which invested in the mortgage backed securities their derivatives that turned toxic following large scale defaults in the US housing market. We will write a custom essay sample on Global Financial Crisis India or any similar topic only for you Order Now Second, the crisis has created a liquidity crunch. The USA firms seeking liquidity resources massively withdrew their investments in stocks also led local investors to pull back from the market. Both factors contributed to the tightening of credit. Reinforcing these factors was the return of the local firms, which had previously borrowed in foreign markets, to the domestic market. These firms saw the foreign markets suddenly dry up. The final source of transmission of the crisis has been the real sector now frequently referred to as the ‘Main Street’ in the USA. The financial crisis coincided with the creeping recession in the USA made it worse. That has meant a cut in the US demand for imports from other countries. According to a recent report by IMF, the world’s GDP growth estimates have been cut to 3. 7% for 2008 2. 2% for 2009, which is significantly lower as compared to 5% achieved in 2007. Likewise, export volume forecast for the developing emerging economies has been cut to 5. 6% for 2008 against the 9. 5% achieved in 2007. Even for 2009, the numbers are not impressive at 5. 3%.To large extent, the slowdown will be consequent to the sharp deceleration in imports by advanced economies such as the US, Europe Japan among others. The picture in India although not as gloomy as in the case of advanced economies is nowhere exciting. The global slowdown is likely to impact Indian companies, which export or have their business units in international markets. To give some numbers almost 13% of the total Indian exports go to the US followed by the countries like UAE, China, Singapore, and the UK Hong Kong. Meanwhile Indian export which grew at about 30. % during April- September 2008 is already showing signs of a slow-down; the growth rate was down to 10. 4% in September 2008. And, while official numbers released by the Director General of Foreign Trade says that exports are already down by 15% year-by-year in October marking the first such occasion in five years. It is really a hard time to boost exports in the next few months as the global crisis has deepened hurting demand around the world. The weak rupee may help to improve the appeal of Indian products among other Asian exports but subdued demand means that there will be little realized benefit for Indian exporters.The moderation in external orders will hurt Indian business, which in turn reduce labor demand weigh on consumption. Therefore, although India is relatively less trade dependent compared to its Asian neighbors, it is still exposed to external shocks. In this light expect tough times for some of them, which have a visible exposure to global markets. The hit will be an account of lesser volume, but could also mean lower realization. Companies which are dependent on the export markets or outsourcing will have a bleak future going ahead, the volume growth anyway is likely to decline on top of that the dollar rate will come down.Thus, companies will have to keep on reinventing themselves. The effect of this financial turmoil on various industries is described as follows. ? Apparel Textiles: – The woes of the textile industry just don’t seem to end. While last year it was the rupee appreciation that affected textile exports, this year the weakening of demand in recession struck US, Europe Japan is expected to impact export growth significantly. The case is similar for apparel exporters. The cracks have already started showing. Apparel Export Promotion Council (AEPC) has estimated that exports may drop to $8. 8 billion in this fiscal, 24 % below the target set by APEC for FY09. (Last fiscal , India had exported garments worth $9. 69 billion). This despite the fact that rupee has deprecated by more than 20% against the dollar in the current fiscal is worrisome. ? Auto: – The global meltdown has also pierced its teeth into the auto sector with a significant exposure to developed markets. Auto sales across categories in the world’s 2 largest markets, the US Europe were down 16 % 19% respectively for the quarter ended in September.Notably for companies like Tata Motors which derive a significant chunk of their consolidated revenues from outside the country, the slowdown will lead to a dip in revenues in the short to medium term. Bajaj Auto TVS Motors are much less impacted as emerging markets continue to show healthy growth due to low 2 wheeler penetration. In the passenger car segment, Maruti Suzuki is trying to take a leaf out of Hyundai i10’s success in the export market is pinning its hopes on the recently launched A-Star, which it expects will deliver in a phased manner, annual exports of 2 lakh units by FY2011.Tata Motors has seen a 20% dip in exports in the current fiscal (till October) due to global economy slowdown. Even for its subsidiary JLR retail volumes dropped 5% for the first 9 months of the calendar year despite of increase in sales of the Jaguar cars on the back of the launch of XF model. Tata is also planning to cut around 5000 jobs in JLR. So for the short term JLR would have to increase its focus on its high growth markets of Russia, China Brazil on the face of drastic decline in sales from its two largest markets the USA Europe.For now, the slowdown of demand in domestic overseas markets of Tata Motors has downgraded the company believes that the outlook will continue to be negative for India’s largest auto company. While the demand in developed markets continues to be weak, lower commodity prices (steel, crude oil), lower interest rates a depreciating rupee could improve the outlook for players in the sector. Overall, the outlook is positive for 2 wheelers but neutral to negative for others. ? FMCG: – The FMCG sector is largely a domestic consumption story with exports contributing around 4-5% of total sales. However for companies like Tata Tea, Dabur Godrej Consumer, the contribution of their overseas subsidiaries is significant (gt;20% of sales). These companies haven’t observed any slowdown from their international operations. According to the sales report of these companies, the international business is in fact the fastest growing business division within the domestic growth rate. The companies would grow in these markets with continuously introducing newer products entering newer Geographic. Dabur’s main importers are the Western Asia Africa, thus relatively immune to any major recessionary fears in the developed orld. Even Godrej is also doing a relatively good show in this time of recession. ? OIL Gas: – Only 2 companies Reliance Industries Essar Oil export a good chunk of their production. Essar’s share of exports was around 28% of the total sales in Q2 of FY09, while for reliance (55% of sales), Europe contributes around 20% of the total exports. The slowdown in global demand as well as the recent additions in the refining capacity has resulted into margin pressure for the refining business. The deep analysis of RIL speaks that it will face margin pressure, but volume growth in the exports market is still intact.For Reliance overall: volume growth in FY10 in the form of commissioning of Reliance Petroleum’s refinery gas production from its Krushna- Godavari basin would provide cushion, which is also a reason why analysis have put a buy on the stock. ? Metals: – Many metal companies have spread their presence in international markets by way of exports through acquisition in the past few years. In fact, Hindalco Tata Steel has acquired companies that are significantly bigger in size as compared to their own size.Although, these companies (TISCO, Hindalco Sterlite Industries) are among the low cost metal producers, the global slowdown is already hurting. Lower global prices have already forced many companies to cut production prices. From this the stock prices have suffered, but most of worries are already factored in already. Among ferrous companies, Tata Steel on a standalone basis (5. 6mn tone capacity a year) generates about 20% revenues from exports, but factoring its global operations such as its UK- based subsidiary, Corus (21. 1mn tone a year), the revenue from foreign operation will be about 80% of the consolidated turnover.In line with the slowdown in the European markets, steel majors such as Arcelor Mittal BaoSteel have already cut production. Corus too is cutting production by 30%. According to estimates, steel consumption in Europe alone will decline by 20% 15% in 2009 2010 respectively. The picture of Tata Steel is changing from stable to negative, reflecting the challenging operating conditions in the UK on the back of likely deterioration in demand in Europe the UK over the next few months. ? IT: – The spending on IT in developed economies is likely to decline by 5% in 2009 according to Goldman Sachs report.This does not sound good for IT industry in India, which get more than 80% of their revenues from these markets. It is not surprising then that the Indian IT poster-boy, Infosys has reduced its FY09 dollar guidance to 13. 1- 15. 2 % (as compared to 19-21% at the start of FY09), which is an early indication of things to come. Apart from the sluggish growth in the BFI sector, which accounts for close to 30% of the top line of many Indian IT players delayed budgets, they now have to grapple with the issue of cross- country headwinds.This is a challenge for Infosys Satyam in the form of depreciating value of USD as compared to Euro. While TCS Infosys are on track on their hiring process, others are trying to downsizing. Also the changing political scenario in the USA the coronation of Mr. Barak Obama as its 44th President gives speculation about the stoppage of outsourcing to Indian IT service providers, which will eventually hamper the IT Cos. So, broadly we can say that India is slowly coming out from the tentacles of global financial medusa.Thanks to the former RBI governor, Dr. Y. V. Reddy, India almost entirely escaped the devastation of the financial sector wrought by the crisis in countries such as Korea. On the positive side, we can take some comfort in the thought that the current crisis is not about to turn into the Great depression of the 1930s. Also the Finance Ministry has also brought out 2 stimulus packages for the Indian Inc. This coordinated effort of all the players concerned will definitely help the Indian industries to withstand this global financial turmoil. Thank You How to cite Global Financial Crisis India, Papers