Saturday, May 23, 2020

A Horses Tale by Mark Twain and Chapter Description Free Essay Example, 1750 words

The chapter narrates the feelings of Cathy being written to her aunt, Mercedes. She explained the charm and beauty of the valleys, plains, and mountains along with signifying her relationship with horses, dogs, eagles, and birds. Her illustration of rabbits as big as dogs and horses taking her for the ride stated his fondness and likeliness for animals. Overall, the chapter concluded that Cathy was enjoying her stay in the company of animals and the relationship shared with animals made her happy and content. It also helped her to be emphatic. The chapter narrates the penning of General Alison to Mercedes where he stated that Cathy became the Corporal General of the Seventh Cavalry and how she was felicitated by the army and other ranks. He also narrated the incidents of her training where she was trained under the strict guidance of Buffalo Bill. She was trained in every aspect by being exposed to different situations in order to extract the best out of her. Overall, there was only one significant relationship being stated between Cathy and the horse that of the teacher and student embedded with the elements of learning. We will write a custom essay sample on A Horses Tale by Mark Twain and Chapter Description or any topic specifically for you Only $17.96 $11.86/page

Tuesday, May 12, 2020

Rwt1 Research Paper - 2304 Words

Business Research Report Compensation Strategies Presented to: Management Assessment Code: RWT1 Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 Performance Based Pay 5 Salary 6 Longevity Pay 7 Recommendations 8 Conclusion 8 References 9 Executive Summary This report examines 3 different compensation systems that our company can develop and enforce within our company for our employees. Compensation is the most important and rewarding factor for employees, so a thorough and thoughtful approach should be taken as we think about changing the way in which this company rewards its employees for the work they do for us each and every day. Performance†¦show more content†¦An understanding of the different methods is necessary in order to be profitable and to inspire quality production. Research Findings From extensive research, using a variety of relevant and credible resources, there are three compensation systems that should be considered: Performance Based Pay Salary Longevity Pay 1 Performance Based Pay A Performance-Based Pay system is an increasingly popular compensation method used by organizations to increase productivity. A goal for all companies is to try and remain competitive and control costs, this is a reason for performance-based pay systems becoming more popular. This type of system attempts to link compensation to performance. (Gena Richter, 2002) These systems are directly tied to organization or individual performance and are most effective when based on objective measures of quantity or quality of performance. If we wish to have a direct impact on work motivation, it must be linked directly to the performance of desired behaviors. In order for to put this type of system into place, performance evaluations must be conducted regularly , as well as training and development for those with performance that isnt quite up to par. These additional resources will be necessary for our organization if we implement a performance based pay system. (William B. Bernathy, Ph. D., 2 004) Pay for performance compensation plans are widelyShow MoreRelatedRwt1 Research Paper2173 Words   |  9 PagesBusiness Research Report New product line recommendations Table of Contents Executive Summary 3 Introduction 4 Research Findings 4 Finding Number 1 4 Finding Number 2 5 Finding Number 3 5 Recommendations 5 Conclusion 6 References 7 Executive Summary The company has recently decided to expand its product line to include a product that is a deviation from our traditional offerings. The expansion presents two potential outcomes. Outcome one has a potential for profit, incrementalRead MoreCitation and Business Report Essay661 Words   |  3 PagesSUBDOMAIN 318.2 - COMMUNICATION Competency 318.2.2: Business Research and Presentation - The graduate conducts business research and develops business-related presentations appropriate to specific tasks. Competency 318.2.3: Organizational Communication - The graduate can determine appropriate uses for specified types of organizational communication. Objectives: 318.2.2-01: Describe what constitutes a valid information source. 318.2.2-02: Identify appropriate use of reference material as aRead MoreRWT1 Business Research Report1785 Words   |  8 Pagesï » ¿Business Research Report Compensation Strategies for 2014 Assessment Code: RWT1 Student Name: Student ID: Date: 9/15/13 Table of Contents Executive Summary Introduction Research Findings Salaried/Hourly Compensation Commission/Productivity-Based Compensation Longevity Compensation Recommendations 6 Conclusion 7 References 8 Executive Summary This report reviews three different compensation strategies PepsiCo can develop and implement within all of our PepsiCoRead MoreRwt16409 Words   |  26 PagesBusiness Research Report Compensation Strategies for 2014 Assessment Code: RWT1 Student Name:   Student ID:   Date: 9/15/13 Table of Contents Executive Summary Introduction Research Findings Salaried/Hourly Compensation Commission/Productivity-Based Compensation Longevity Compensation Recommendations6 Conclusion7 References8 Executive Summary This report reviews three different compensation strategies PepsiCo can develop and implement within all of our PepsiCo. Brands and businessesRead MoreCorporate Ethical and Social Responsibility2423 Words   |  10 PagesBusiness Research Report Corporate Ethical and Social responsibility Presented to: Western Governors University Assessment Code: RWT1 – Competency 318.2.2 Student Name: Richard P. Shields Student ID: 92502 Date: August 7, 2009 Mentor Name: Rungrudee Suetorsak, Ph.D. Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 1. Organization Environmental responsibilities: 5 2. Organizational image: 5 3. Organization Increase profits: 6 Recommendations 7 ConclusionRead MoreRwt1 Compensation Strategy Essay2773 Words   |  12 PagesBusiness Research Report Compensation Strategies ABC Manufacturing Presented to: Western Governors University Assessment Code: RWT1 Table of Contents Executive Summary 3 Introduction 4 Research Findings 5 Market Based Pay Structure 5 Traditional vs. Broadband Strategies 6 Total Rewards Strategy 7 Recommendations 8 Conclusion 9 References

Wednesday, May 6, 2020

Routine Communication Free Essays

What kinds of tasks fall into each quadrant? Therefore, what kinds of communications norms do we need? routine/autonomous To the extent team members are working autonomously on tasks which remain static, there is little need for a lot of cross-team communications. Communications should be: Minimalist. Local. We will write a custom essay sample on Routine Communication or any similar topic only for you Order Now Compliance oriented where necessary. Automated whenever possible. The danger for virtual teams is that the â€Å"disconnected† feeling of a distributed team sometimes leads to over-reporting as a strategy to give people the feeling of â€Å"knowing what’s going on. Sometime team members generate a lot of reporting in order to make sure the team leader â€Å"knows† that they are working. This kind of communication creates sludge in the team’s arteries. It is a common cause of information overload which can sometimes result in team members avoiding engaging in the communications which actually are important to the team. The team needs to agree on a strategy to defend itself against communication sludge! Be on the lookout for what can be eliminated. 2 of 5routine/interdependent. Team members need to provide enough information to each other about areas where their routine work is interdependent to enable them to coordinate. Communications should be: Standardized. Organized. Easy. â€Å"Pull† v. â€Å"Push† (You go get what you need when you need it rather than having it pushed at you automatically). The danger for virtual teams is that because we have technology which allows us to exchange and store large amounts of information, we do it because we can without really addressing whether doing it adds value. The team needs to agree on a strategy to manage and coordinate this communication. Choose a few, processes for exchanging critical information and make a commitment to sticking to agreements about when and what will be produced by each member of the team. emerging/autonomous When individuals (or sub groups) on the team notice changes emerging in the work they have been doing, it’s critical to make this â€Å"intelligence† available to the team as a whole. Communications should be: Timely (it can’t wait for the next face-to-face meeting). â€Å"Push† v. â€Å"Pull† (to make sure that nobody misses a key indicator). The danger for distributed teams is that a weak communications strategy results in missing signals where something new happening in one place is a bell weather for something that will sooner or later have an effect on other parts of the system. A team that doesn’t share this kind of intelligence is less than the sum of its parts. The team needs a strategy for scanning, scouting the environment within which they are operating, noticing pattern changes to make sure that important things get up on the team’s radar screen soon enough when something which has been static starts changing. But it’s not enough to simply report the information, it’s critical that the whole team have an opportunity to discuss its meaning. How to cite Routine Communication, Papers

Sunday, May 3, 2020

Burger King vs Mcdonalds free essay sample

The battle of the battle of creating a better burger has been going on since businesses began to sell hamburgers and compete with other businesses selling the same product. To create the better burger is the goal of any business that sells burgers since having the best will draw in customers, increase sales, and help to establish repeat business. It seems that in the past couple of decades there has been a battle of the burgers with two worldwide established fast food restaurants between the McDonalds franchise verses the Burger King franchise. These two companies have been competing in marketing and product sales for more than the past thirty years. Both McDonalds and Burger King have their own signature burger for which the different franchises are known for; the Big Mac to represent McDonald’s whereas the Whopper represents Burger King. So goes the battle of the burger between McDonald’s and Burger King, Big Mac in opposition to the Whopper which one will draw in the customers and help the franchise to corner the burger market. We will write a custom essay sample on Burger King vs Mcdonalds or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Both franchises offer fast and friendly service, with the options to dine in the restaurant or chose the drive thru. When considering two options of a quick burger while on the go, the Big Mac sandwich from McDonalds or the Whopper sandwich from Burger King, I feel that the Whopper is a better choice. Even though the calories are high in both the Big Mac and the Whopper I think that the Whopper is a healthier as well as better tasting choice of the two different burgers.

Wednesday, March 25, 2020

Importance Of Conservation And Preservation In Malaysia Tourism Essay Essay Example

Importance Of Conservation And Preservation In Malaysia Tourism Essay Essay Introduction Conservation and environmental protection are really of import in Malaysia. Environment stabilisation and keeping to guarantee that Malaysia create protection country for zoology and vegetations such as constitution of national Parkss. It is because input from natures resources are of import to economic. While environmental quality on the other manus is productive plus for society. Tropical natures are one of the of import assets to tourism sector of a state. As a state with equator clime, Malaysia has alone natures and island row. Recently, Malaysia started move frontward to go a developed state. Assorted sectors which become function theoretical account in order in development schemes for illustration industrial sector, agribusiness and touristry. Through touristry sector, Malaysia have introduced some natural topographic point which become focal point point for tourer as their diversion topographic point for the intent to kill their clip and for gratifying activities for illustration at national park, forest modesty and islands. Therefore, Malaysia afford make touristry sector as a major beginning of returns if the natures beauty can be ever maintained. At the same clip, touristry industry has betterment and turning clearly show that Malaysia has alone attraction. Besides that, multi racial people with different cultural stay peace in one state do Malaysia g o more alone and more attract outside tourer reaching and this is a beginning of net income for the state. Therefore cultural diverseness and humanistic disciplines is cardinal determiner in attract tourers. Table 1.1: Number of arrival harmonizing to nationality Sarawak Year Nationality 2004 2005 We will write a custom essay sample on Importance Of Conservation And Preservation In Malaysia Tourism Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Importance Of Conservation And Preservation In Malaysia Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Importance Of Conservation And Preservation In Malaysia Tourism Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Malaya 2,092,704 2,248,829 Singapore 40,329 42,912 Australia and New Zealand 30,403 28,066 Canada 11,310 9.062 Hong Kong 1,100 593 India 12,924 12,426 United Kingdom and Ireland 44,267 42,136 Brunei 1,280,135 1,354,148 America 10,973 11,207 China 11,768 11,207 West Europe 19,268 18,729 East Europe 992 1,355 Filipina 104,341 101,521 Dutch east indies 379,477 449,327 Japan 10,245 9,142 Taiwan 8,283 7,472 Siam 17,189 17,994 Others 258,183 198,704 Entire 4,333,891 4,577,489 ( Beginning: Immigration Department, Sarawak ) Table 1.2: Number of arrival harmonizing to province Sarawak Tahun State 2004 2005 Kuching 779,135 859,320 Sibu 127,454 166,018 Abor 311,445 332,669 Bintulu 41,032 73,167 Limbang 243,762 238,465 Entire 4,333,891 1,669,639 ( Beginning: Immigration Department, Sarawak ) Apart from that, substructure installations is one of the factor of tourer reaching. It is because tourers will necessitate comfort and seek consolation when visit to a state. For illustration, many tourers who come to the Malaysia is to bask scenic beauty of the natures and the unique of cultural diverseness. So the comfortable of adjustment such as hotel, chalet and so on as a factor to pull tourist reaching. Accommodation installation drama of import function cause this will be a factor to find whether tourer will remain long or otherwise. Sarawak is the biggest province in Malaysia which celebrated with rich of assorted cultural groups of civilization and rich in history and heritage and besides known as Land of Hornbills. Sarawak non merely the largest province in Malaysia, it besides was the province that divide to a batch country and contain longest river in Malaysia, largest flower in the universe, largest moth in the universe, widen cave in the universe, oldest tropical rain forest and the first individual emerge in Southeast Asian available in Sarawak. This had show that Sarawak is alone and typical. Diversion topographic point in Sarawak consist of natural position country and cultural centres such as Sarawak Cultural Village. Sarawak Cultural Village popular with natural beauty among local and oversea tourers. The rich of ecology, biological and tradition in Sarawak Cultural Village truly astonishing. Therefore, attempts was being improved towards preserve ecology diverseness, biological and tradition in Cultural Village. It is because cultural diverseness and tradition of the local people able to pull a batch of tourers visit to this land of hornbills. Sarawak province so rich with assorted type of civilization and cultural such as Malay dance, Chinese and others ethnic in Sarawak which able to entertain tourer particularly those tourer that like to see community life in Sarawak. Since cultural small town started unfastened to see, so indirectly exist harm and pollution hazard to the natures and beauty scene. Therefore, cultural small town have to be preserve scenic beauty and traditional abode from threatened by homo. Sarawak Cultural Village Background Sarawak Cultural Village located at Damai Beach Santubong and about 35km from the province capital Kuching town and dubbed as life museum in Sarawak. Sarawak Cultural Village besides become a finish must be visited for those who first measure to Land of Hornbills. This life museum officially opened since February 1990. This life museum consists seven hectares broad and about 150 people populating in the small town which include seven cultural group viz. Bidayuh, Iban, Orang Ulu, Penan, Melanau, Malay and Chinese. And each ethnic have their ain life style and traditional civilizations for illustration the edifice of each cultural is different, longhouse of the Iban, Bidayuh and Orang Ulu, Melanau live at tall house while Chinese is farm house. Apart from that, the entryway fees to Sarawak Cultural Village show as Table 1.3. Table 1.3: Entrance Fees Entrance fees Class Sarawak citizen Not Sarawak Citizen Adult RM25 RM60 Children ( between 6-12 of age ) RM18 RM30 Student RM15 RM15 ( Beginning: Sarawak Cultural Village ) Figure1.1: Sarawak Cultural Village Location ( Sumber: Malaxi Damai Beach ) Cultural Bidayuh known as Dayak Darat achieve 8.4 per centums out of entire population in Sarawak. Majority cultural Bidayug stay in long house that located nearby incline of mountain and besides nearby river. Their house are made from board and bamboo with sago thenar roof. Tourists can bask long house life style when visit to this topographic point. Iban tribesman known as Laut Dayak which their long house construct built up with big life room and several bed room. This cultural most of import hoarded wealth courage. Every soldier able to kill enemy, will acquire grasp as warrior and greeted with usage dances. Hence, Penan life style is nomad manner means that disfavor stay in a topographic point with long clip. Therefore, their abode size besides rather little size. Apart from that, Orang Ulu like to construct house scattered in upland and river bank. While Melanau house is the most alone among other Sarawak ethnic, it is because their house is build up 40 pess tall from land, chief intent is to forestall onslaught by enemy and inundation. At the same clip, local cultural dance public presentation including Ngajat Lesong and Ngajat Pahlawan, cultural musical public presentation show in Theater Sarawak Cultural Village start from 11.30 oclock in the forenoon to 4.00 oclock in the afternoon, and every public presentation take 45 proceedingss long. Figure 1.2: Entire population with cultural Sarawak 2005 ( Beginning: Jabatan Penduduk dan Perumahan Malaysia ) 1.3 The Important of Conservation and Preservation natural resource and cultural in Malaya Tourist industry depends extremely on natural resources and cultural diverseness which has potency to advance and pull tourer reaching. Natures is one plus that used to pull tourers arrival to see beauty and feel new experience. Awareness on the of import of preserve natures in assorted degree ( authorities sector, private sector and society ) for constitution of several protected country. Establish Sarawak Cultural Village is one of the attack that used to do certain the topographic point that rich of ecology diverseness, biological and cultural heritage preserved and preserve for future coevals cause by clip base on balls. Since Sarawak Cultural Village unfastened visit to tourist in twelvemonth 1990, cultural small town record around 70,000 people visit per twelvemonth. Tourists get benefit while visit to cultural small town including position natures scenic, cultural heritage and handcraft and do assorted diversion activities and every bit good as research and acquisition besides. So their entry capable addition economic growing and besides Kuching capital development from the return of the cultural small town. Indirectly, cultural small town set up economic chances to society such as occupation chance, income degree and others Fieldss. At the same clip, touristry growing in Sarawak due to act upon development at that country. Therefore society nearby can bask high quality of substructure and installations. 1.4 Problem Statement General know that the beauty of natural scenic and rich of assorted tradition cultural drama different of import function and map. Conservation and keeping cultural small town concept need betterment but it involves high cost. Therefore, entrepreneur cultural small town enforce a entrance payment rate around RM60 for grownup non Sarawak citizen for the preservation and keeping intent. Harmonizing to policy shapers particularly authorities, whatever determination on resource use require information related cost and benefit. For illustration, preservation and keeping attempt, authorities require information about cost and benefit to do a determination whether executable or non. So, the issue is the benefit value from preservation and keeping could non be valued in finance signifier. That is, benefit value from the preservation and keeping merely can gauge in quantitative with utilizing construct Willingness To Pay ( WTP ) . The value of WTP on entryway fees to cultural small town typified their willingness pay apart from purpose enjoy recreational installation but besides preservation and keeping plan. Evaluation preservation and keeping plan divide to two facet viz. direct usage value and indirect usage value. Direct use value consists goods and services such as natural scenery and traditional dances of assorted tribesman. Indirect use value could non be valued in market in fact it more focus on ecology and biological science, tribesman abode and diversion protection. Therefore, preservation and keeping create indirect usage value to human and besides natures every bit good. Aim To analyze and gauge WTP value for the intent of preservation and saving Sarawak Cultural Village. To place those factor influence WTP for the cost of saving for air quality, scenic position. Tradition edifice in Sarawak Cultural Village. To analysis the of import of Sarawak Cultural Village to society s tradition Sarawak. To develop scheme to guarantee that keeping convey optimal benefit to society Sarawak. 1.6 Research Scope Data aggregation in this survey is refer to research design which primary informations collected through questionnaire method. Sampling point focal point at country Damai Beach, Santubong, country Sarawak Cultural Village. Entire respondent in this survey around one hundred and will utilize interview method based on nonsubjective survey. Respondent class chosen is single that has worked. Statistical Package for the School Science ( SPSS ) package will be used to reinforced consequence of the survey by looking relationship among each variables. 1.7 The Important of Research Since 1984, touristry industry show possible returns to economic growing. Hence, authorities had develop several program to better and enlargement touristry industry by set up a ministry particularly for cultural touristry able addition this industry by Tourism Development Company to advance and enlarge touristry market, installation betterment has been given for investing in this touristry industry. Investing for adjustment undertakings such as hotel and motel and substructure such as diversion centre and other installations were given innovator position or revenue enhancement inducement to authorities. Indirectly those inducements give growing to the state. Government recommend small town touristry was one of the new effectual option which this development merchandise is based on the natural resources and usage of different cultural. Nowadays, assorted schemes generated by authorities to advance natural touristry and the unique of usage as a new attractive force tourers. Therefore, tourers today more involvement with nature touristry, so authorities drama of import function in preserve and keep the quality of the diversion centre and nature in Malaysia can convey positive growing and give benefit to society every bit good. Besides can advance cultural small town which rich of natural environment, society indirectly besides can acquire the benefit and impact from this touristry scheme. From this surveies, preservation and keeping plan were of import to environment in Malaysia. Environment stabilisation or known as environmental sustainability encourage Malaysia develop more protection country to continue vegetations and zoologies in a certain park or forest. It is because input from natures is of import beginning to economic. While environmental quality on the other manus is productive plus to society. 1.8 Research Organization This undertaking paper will split to five chapters: Chapter 1 discuss about the of import of preservation and saving of the cultural country in Malaysia. Therefore, this survey will publish nonsubjective to accomplish the preservation survey. Apart from that, research range and methodological analysis besides be explained clearly in this chapter. Chapter 2 is portion to increase cognition in the capable country. Besides that, aggregation old surveies from others economic expert research worker as a mentions to place information and thoughts that relevant to this research. Chapter 3 focal points on depicting the associated methodological analysis in the analysis of the contingent rating for preservation and keeping of the Sarawak Cultural Village. Method that will be used is Contingent Valuation Method ( CVM ) . Furthermore, Statistical Package for the School Science ( SPSS ) package will be used to reinforced consequence of the survey by looking relationship among each variables. Besides, assorted trial will be run for the independent and dependent variables. Model will be use in this survey will be explained clearly in this chapter. Type of informations aggregation in this survey is primary informations through questionnaire method. Therefore, trying point focal point at country Damai Beach, Santubong, country Sarawak Cultural Village. Entire respondent in this survey around one hundred and will utilize interview method based on nonsubjective survey. Chapter 4 presents the information analysis consequence of the survey with different trial. Every determination will be elaborated clearly and executing in graph signifier and agenda. Interpretation of consequence will be stated in this subdivision. Chapter 5 is the last chapter in this survey. This chapter would be sum up the survey been discussed and provides information to develop policies and schemes to guarantee preservation and keeping plan on cultural small town continuously so that future coevals have opportunity to bask the benefit and economic value from this preservation.

Friday, March 6, 2020

Free Essays on ATMs For Free

This is the 90’s. Well, not for long, but that’s supposed to mean we have progressed, things are better than they used to be, more â€Å"modern†, more convenient. One of the boons of today is that people almost never have to go to a bank anymore. We have electronic transfers and automatic deposits, and when we need our money quickly (which is always) we have the convenience of using ATMs. Of course, there is a price for this convenience. When using an ATM that is owned by a bank other than your own, one can expect to pay a fee, usually between one and two dollars. That’s outrageous! How can a bank charge a customer to withdraw his own money? Well, they are doing a service to their non-customers where, in the most grand of economic terms, the ATM customer hasn’t done anything for them. Sure, the fee is annoying, but the bottom line is people still use ATMs with full warning of the fee and therefore have no right to object to paying for services rende red. In the past few months city legislatures in Santa Monica and San Francisco, CA felt that the people of their cities should not have to pay service charges at ATMs where they did not have an account. The people voted to ban these fees. It is unclear what they think should be illegal about the ATM fees. The main contention seems to be that it is just unfair. Well, after hearing that they can longer charge non-customers for the use of their machines and will be expected to offer a service that costs them money for nothing, it is the banks that are crying â€Å"unfair.† â€Å"There are so many non-customers using a banks ATM, if you didn’t charge these fees it would start to get cost-prohibitive to provide this convenience,† said Harris Bank spokesperson Pam Kasser. (Rackl 23). In retaliation, two national banks, Wells Fargo and Bank of America are refusing transactions to non-customers in Santa Monica. They feel the people have no right to force them to offer free withdraws. So far... Free Essays on ATM's For Free Free Essays on ATM's For Free This is the 90’s. Well, not for long, but that’s supposed to mean we have progressed, things are better than they used to be, more â€Å"modern†, more convenient. One of the boons of today is that people almost never have to go to a bank anymore. We have electronic transfers and automatic deposits, and when we need our money quickly (which is always) we have the convenience of using ATMs. Of course, there is a price for this convenience. When using an ATM that is owned by a bank other than your own, one can expect to pay a fee, usually between one and two dollars. That’s outrageous! How can a bank charge a customer to withdraw his own money? Well, they are doing a service to their non-customers where, in the most grand of economic terms, the ATM customer hasn’t done anything for them. Sure, the fee is annoying, but the bottom line is people still use ATMs with full warning of the fee and therefore have no right to object to paying for services rende red. In the past few months city legislatures in Santa Monica and San Francisco, CA felt that the people of their cities should not have to pay service charges at ATMs where they did not have an account. The people voted to ban these fees. It is unclear what they think should be illegal about the ATM fees. The main contention seems to be that it is just unfair. Well, after hearing that they can longer charge non-customers for the use of their machines and will be expected to offer a service that costs them money for nothing, it is the banks that are crying â€Å"unfair.† â€Å"There are so many non-customers using a banks ATM, if you didn’t charge these fees it would start to get cost-prohibitive to provide this convenience,† said Harris Bank spokesperson Pam Kasser. (Rackl 23). In retaliation, two national banks, Wells Fargo and Bank of America are refusing transactions to non-customers in Santa Monica. They feel the people have no right to force them to offer free withdraws. So far...

Wednesday, February 19, 2020

Consumer behavior a strategic approach Essay Example | Topics and Well Written Essays - 3500 words

Consumer behavior a strategic approach - Essay Example Opportunities The increased environmental awareness of the individuals has augmented the demand for eco friendly and organic products. Moreover, the new range of skin care products available for men has helped to boost the overall revenue of the company. This has also helped to increase the sales of the company (Spangler, 2008). Threats Though the company aims to sell eco-friendly cosmetics, the suppliers of the raw materials do not seem to adhere to the standards of eco friendliness. The biggest drawback of the company that can be a threat to its market position in future is the lack of an advertising and marketing department in the company (Muller, 2005). Companies like MAC, Make up Forever etc are now following the footsteps of The Body Shop by improving on the scale of their scope of social responsibility in business. The PESTLE analysis is given in the Appendix. The present market for the cosmetics industry is highly competitive in nature. At this juncture, the lack of proper ad vertising and marketing of the products of the Body Shop can substantially detrimental to its brand value and strength of the customers. The business of Body Shop is well known in the market for its ethical standpoint. The company strictly opposes to the testing new products on animals. But L’Oreal is blamed for this practice in the market. In 2008, the Animal Rights group have sternly warned the company to abolish such practices. As the ownership of Body Shop has been undertaken by L’Oreal since 2006 with an amount of $1.14 billion, the ethical standpoint of the company is now doubted by its stakeholders (Pitman, 2006). The fall in the disposable income of the individuals due to the soaring price levels have considerably... The key stakeholders and the target publics of the Body Shop are likely to be affected by the three main issues faced by the company. †¢Ã‚  Mergers of the company: the merger of the company would affect the existing shareholders and the employees of the organization. The shareholders would be suspicious about the performance of the company in the new merged position in the market. Rather the working culture of the organization would also change with the merger, this would affect the employees. The consumers would also doubt the ethical virtues of the company after the merger as LO real is known to not follow ethical issues in business. †¢Ã‚  The recession in the world economy: the crisis of finance in the global economies can force the company cut down some jobs, this would affect the employees. Rather the fall in the disposable income levels would hamper the purchasing power capabilities of the consumers. The suppliers would also be reluctant to provide raw materials at lo wer prices. †¢Ã‚  The ethical virtues of other cosmetics companies: this would directly affect the decisions of the consumers in the market. They might reduce the demand for the products of The Body Shop. Considering the initial business analysis, it can be stated that any change made in the business operations of The Body Shop would surely affect its stakeholders. Figure 1 and 2 in the Appendix, shows the stakeholders map for the Body. The most important stakeholders of the company are the customers and the shareholders.