Friday, May 22, 2020

Book Report of Good to Great by Jim Collins Essay example

Good to Great: Why Some Companies Make the Leap... and Others Dont By Jim Collins Can you identify one company that had changed from being good to being great around you? Jim Collins, the author of Good to Great, is a student and teacher of enduring great companies. In order to make this book, Mr. Collins started his research with 1,435 good companies. Then, he examined their performance over 40 years, to later on, find the 11 companies that became great. The purpose of this book is to make us see that nearly all-operating prescriptions for creating large-scale corporate change are nothing but myths and that changes do not happen from one day to another by a miracle, the change from good to great is the result of a successful plan who†¦show more content†¦In this example he describes that in order to fulfill the bus you fist need to get the right people in, and then you get the wrong people off the bus, then you need to position the right people in the right seats, and last you need to figure out where you want to drive that bus. He relates this with an organization because a company needs to focus to whom they are paying, not how. His suggestion is to analyze a person’s characteristic, work ethic, intelligence, and dedication before deeply analyzing practical skills. Collins believe that companies focus too much on what to do and his recommendation is for companies to concentrate on what to do, what not do, and what to stop doing. â€Å"No matter how dramatic the end result, the good-to-great transformations never happened in one fell swoop. There was no defining action, no grand program, no one killer innovation, no solitary lucky break†¦ Good to great comes about by a cumulative process†¦that adds up to sustained and spectacular results†; this was a quote he said in this wonderful book, a quote that says the reality of businesses nowadays, a quote that for us defined in short words the name of this book and the research Collins made. Collins illustrates a persuasive profile of what it takes to be the leader of not a good but a great organization in the modern day. He also demonstrates the development of successful organizations as a consequence of ethical behavior rather than despiteShow MoreRelatedWhat Key Aspects Set Apart Successful Companies?1275 Words   |  6 Pages1. Collins, Jim (2001). Good to Great. Ney York, NY. Harper Business Good To Great is Jim Collins’ most famous book. In this book Collins and his research team analyze and compare numerous corporations in an attempt to identify what key aspects set apart successful companies. He developed five aspects of organizational success and I will be making references to those points. 2. Collins, Jim (2011). Great by Choice. Ney York, NY. Harper Business Great By Choice is another of Jim Collins’ books. ThisRead MoreEssay about Wells Fargo Financial Analysis1348 Words   |  6 Pagessurprise, a huge chunk of their thick annual report for 2002 was an honest listing of all the threatening factors that stand in the company?s way rather than its exceptional rankings in its sector. In this paper, we will focus specifically on Wells Fargo?s leadership, company culture, SWOT analysis, and financial performance analysis. We will try to link our findings to Jim Collins?s book as a way to prove that the company has really made the jump from good to great. Charismatic Leadership The CEO DickRead MoreGSCM588 Major Paper Outline Carlton654 Words   |  3 Pagesother organizations compete to be like or to try to immolate to lead in their particular industry. Macy’s Inc. has great leadership and brings about great talent within its organization. Macy’s Inc. formed a great strong partnership to form the powerhouse of today. Sometimes doing business solo will eventually wipe organizations out; even if the business has great customer service, great quality and a low retention. Macy’s Inc. is pretty much consistent with quality and customer service but we allRead MoreThe Critical Leadership Problem2313 Words   |  10 Pagesfunction and we do that by influence. Leadership is the process of influencing people. This is a fundamental concept found in ADP 6-22 and ADRP 6-22. While influence might be the essence of leadership, it is not the starting point. The unit Call Report indicated that there was a potential problem within the culture of the organization. The ability to communicate appropriately is an essential component for effective leadership. Inappropriate use of communication was one of the 56th HBCT’s majorRead MoreGenerating High Revenue in an Organization3084 Words   |  12 Pagestypes of motivation and how it works with each skill level of people. The videos and statements by Daniel Pink, Professor Jim Collins and Kathy Schofield taken in this context give an in-depth insight into the importance motivation and self motivating environment. 2. Analysis of the videos and the statements †¢ Drive –Daniel Pink Daniel Pink is the author of five popular books which focus on the changing workplace. In Dan Pink’s video about the drive he critically analyses the traditional thinkingRead MoreLeadership Manifesto3431 Words   |  14 Pages13 REFERENCES 14 ------------------------------------------------- INTRODUCTION According to a number of different sources a manifesto can be defined as a statement that publicly declares the intentions, views and motives of the issuer. This report is a personal manifesto that outlines my thoughts on the topic of leadership. The topic of leadership has been debated over endlessly this year. We have discussed what the difference is between transactional and transformational leadership, theRead MoreQuality Improvement, Patient Safety, And Cost Containment1820 Words   |  8 Pages(KPMG Healthcare Pharmaceutical Institute, 2011). The purpose of the paper is to discuss a HCO’s transformation challenge, its subsystem within a larger system, its culture and climate, its leadership style, its assessment based on Collin’s Good to Great, and its readiness for change in today’s complex environment. Challenges of Transformation The current healthcare system is no long a simple unit where a physician could singly make management decisions for the majority of the patients. DifferentRead MoreProject Management : Organizations Overcome Common Problems And Challenges Of Managing It Projects1770 Words   |  8 Pagesproject management is able to help large organisations overcome common problems and challenges of managing IT projects. Introduction Project management has become a means of remaining competitive and deliver results consistently for businesses, a report carried out by the Economist Intelligence Unit mentioned roughly eighty percent of global executives believed having project management as a core competency helped them remain competitive during recession period (Gale, 2009, p.2). Organisations haveRead MoreEssay on Why the Death Penalty Should Be Terminated3070 Words   |  13 Pagesstatistics and expert opinions on all three of the aforementioned grounds it can be clearly shown that the death penalty should be abolished once and for all.   Ã‚  Ã‚  Ã‚   The cost benefit analysis is an all-important aspect of the pragmatic argument. Be it good or ill, modern society is preoccupied with money and many people may support a system on the grounds that it is simply more cost efficient than an offered alternative. It has been the commonly held belief of many that costs for a lengthy prison termRead MoreA Transformational and Servant Leader: Mother Teresa of Calcutta3634 Words   |  15 Pagesamong them†. She treated it as a direct order from God saying that â€Å"to fail would have been to break her faith†. She began her missionary work in 1948 by venturing out into the slums and tending to the needs of the impoverished and starving. Her good works gained the attention of many quickly and even the Prime Minister at the time came to her to express his appreciation. When Mother Teresa first began her venture she was having a difficult time adjusting. She was herself very poor and had to

Wednesday, May 6, 2020

Winstons Free Essays

Winston Lavendier October 13th, 2010 Advertisement essay This essay is on an advertisement for Nolan’s Cheddar Cheese â€Å"seriously strong†. This video had won the two thousand ten best television advertisement award. Basically this video is a mouse coming out of its mouse hole to encounter a rat trap with the Nolan’s Cheddar Cheese on it. We will write a custom essay sample on Winstons or any similar topic only for you Order Now So the mouse starts to eat the cheese, and after being about halfway done with the cheese, the rat climbs on top of the rat trap like it is on top of the world and the rat trap snaps. Then the video pans and it seems like the rat is going to die but all of a sudden the mouse starts to bench press the rat trap bar then the screen fades away and it says Nolan’s Cheddar Cheese â€Å"seriously strong†. What my point is in this essay is that two things that sell products and make good commercials is sex and funny. If you have one or more of these in your commercials then it will turn out good. But now a days most commercials sell on sex. Because if they deceive the viewer into to thinking they can get some then they will win them over and buy their product. This commercial that I am writing about is not about sex. But it does deceive the viewer like any other good commercial. By showing the viewer that if you eat Nolan’s Cheddar Cheese then you will be incredibly strong. And get your self out of death by using the muscle you just gained from eating Nolan’s Cheddar Cheese. With the way all of these television commercials have been going lately they all advertise about sex from deodorant to shampoo to alcohol to any kind of product. Bottom line is that they all try and do one thing and one thing only. That is to device the viewer into buying their products. What I like about this commercial is that it does not have anything to do with sex in it but yet it can still sell a product and win the two thousand ten best television advertisement award and yet get the job done of deceiving the viewer. How to cite Winstons, Papers

Sunday, April 26, 2020

The Nelson

The Nelson-Atkins Art Museum Essay When I again entered the Nelson-Atkins Art Museum, I immediately asked the security guards where the African collection was located. I passed through the Chinese and Japanese galleries but nothing drew my attention more than the African mystique. As I entered the room a distinct smell came across my noise, one that suggested undiscovered grounds. This is an art criticism paper, in which I will describe, interpret, and evaluate the Female Mask, c. Late 19th Century. DESCRIPTION The Female Mask is a combination of wood, fiber, hide, pigment, and shell. The Female Mask rests in a case and its height is about 55-inches, width about 32-inches, and depth about 24-inches. The mask has four distinct components that embody the headdress. The first component is the similar style of the hooded sweatshirt shaped, woven under-dress. This material seems to be ruggedly sewn from a fibrous material that is a light maroon color, with distinct hints of light and darker concentrations of a brown tone throughout the under-dressing. Each sleeve of the dressing has three-finger gloves perfectly sewn into the dressings sleeves. We will write a custom essay on The Nelson-Atkins Art Museum specifically for you for only $16.38 $13.9/page Order now The texture of the under-dressing is that of a chain-mail stitch pattern with all seams cleverly hidden, expressing the attention to detail. The dressing covers the entire upper body of the female who wears this mask. I also noticed the waistline of the dressing is about 12-inches short of the tips of the three-fingered gloves. The next component of the Kifwebe mask is the thick, beard-like fibrous dressing located about the chest region. The fibrous dressing connects directly to the chin, and is sewn directly below the region of the chin area. The material resembles that of hay from a bail, but has thicker, tubular characteristics. The color of this material has deteriorated, but the fibrous material appears dark brown, and is tangled like many vines stacked on top of each other. The beards overall shape resembles the poorly drawn alphabetical letter of M. With the left arm of the M stemming about even length with the actual under-dressings arm, with about an 8-inches difference between the left and right respective arms. The middle area is very ruff cut, and shows these same uneven dimensions. The third major component of the Kifwebe mask is the mask itself, made of intricately carved wood about the size of a basketball. The upper half of the mask is evenly rounded like if the ball were to be cut in half. The bottom half of the mask is skewed inward leading all the way down to the chin; picture an elephant foot connected upside down. These two halves connect to form the frontal view of the mask. The side view of the mask boasts a large forehead, and a protruding mouth shaped like a rectangle, which protrudes about 3-inches from the masks cheek and chin areas. The mouth is also hollowed out, and goes into the mask to let air and sound project. The triangular-shaped nose remains flat with that of the long forehead, but cuts in directly below the nostril area. The nose sticks out about even with that of the mouth, and the cheek and chin areas stay flat from the nose down. The eyes are shaped like big basil leaves with a coconut shell color, and have would be stems that lash out to the side of the mask. The 3-inch long eyehole slits, cover the bottom span of the basil leaf-shaped eye region at about the thickness of a pencil. There is also a distinct 1-inch, maroon line that runs thinner thru the nose region, starting at the top of the mask continuing to the bottom of the nose. This same pattern continues from the mouth to the chin. The side view also reveals that the forehead of the mask protrudes about 5-inches from the sculpted side panel border, where the mask connects to the chain mail-like fiber dressing. The mask exhibits adjacent, geometric grooves that start at the major facial features, and are symmetrically contoured to the sides of the mask. The lines on the upper half of the mask are smooth and even. .u1b015f19ac317cda1c779736feb77472 , .u1b015f19ac317cda1c779736feb77472 .postImageUrl , .u1b015f19ac317cda1c779736feb77472 .centered-text-area { min-height: 80px; position: relative; } .u1b015f19ac317cda1c779736feb77472 , .u1b015f19ac317cda1c779736feb77472:hover , .u1b015f19ac317cda1c779736feb77472:visited , .u1b015f19ac317cda1c779736feb77472:active { border:0!important; } .u1b015f19ac317cda1c779736feb77472 .clearfix:after { content: ""; display: table; clear: both; } .u1b015f19ac317cda1c779736feb77472 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u1b015f19ac317cda1c779736feb77472:active , .u1b015f19ac317cda1c779736feb77472:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u1b015f19ac317cda1c779736feb77472 .centered-text-area { width: 100%; position: relative ; } .u1b015f19ac317cda1c779736feb77472 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u1b015f19ac317cda1c779736feb77472 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u1b015f19ac317cda1c779736feb77472 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u1b015f19ac317cda1c779736feb77472:hover .ctaButton { background-color: #34495E!important; } .u1b015f19ac317cda1c779736feb77472 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u1b015f19ac317cda1c779736feb77472 .u1b015f19ac317cda1c779736feb77472-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u1b015f19ac317cda1c779736feb77472:after { content: ""; display: block; clear: both; } READ: Artificial Intelligence EssayWhere as on the bottom of the mask, the lines are sharp and jagged, like a horizontal lightning bolt while staying within this contour pattern. The inside grooves are white, with the surface grooves a dirt-brown. These grooves are also found on the sides of the nose and mouth, and are contoured to the end of these features. The fourth and final component of the Kifwebe mask is the unicorn-horn shaped crown that is positioned where the crown of the head would be. The small woven bundle of under-dressing connects the crown to the mask, and harnesses the structure securely. The crown appears to be made of animal hide, and appears to have been painted with a gold pigment. The crown has dilapidated over the years and is now hangs down. INTERPRETATION The Kifwebe mask, which is significant to a tribal branch of the Songye people of Zaire, served many purposes in the tribal customs, most of which tied to their deep spiritual connection with the environment they inhabited. The masks were used the by secret mens society as powerful tools for social control and protecting, they were displayed at important funerals, visits, and inaugural ceremonies. The Female Mask on the other hand, embodied properties that were more restrained and elegant, and mostly associated with moon rituals, funerals, and initiation rites. The female masks are distinguishable by the white paint and lacking the crest found on male Kifwebe masks. The Songye people displayed their connection through ceremonial celebration by paying tribute to their life-sustaining resources. These masks were also used to invoke supernatural powers, used by the tribal leaders to heal and strengthen the tribe. The Female Mask however, had different spiritual content than that of their male counter-parts. The womens ceremonial dances were always controlled, calm movements to invoke good spirits that will influence future generations. The male displays on the other hand, were wild, and spontaneous to show their power, and force prevalent in their social environment. The elements of design and function are ever-present in the Kifwebe headdress. The masks are decorated with mythological motifs; patterns made from geometric grooves, reminiscent of markings on the skin of various animals http://www. civilization. ca. The long vertical lines on the nose are characteristic of the forehead and muzzle of the hush back, a small African antelope hunted for survival. Much of the content resides in these distinct features, from the contoured grooves, to the highly abstract facial features. The golden crown most likely represents the horn of an antelope, and the protruding mouth representing that of a bird, or possibly a crocodile. The crest of the nose looks much like that of the crest of the antelope. The many art forms of Africa, Oceania, and the Americas are based on long-lasting traditions, learned skills, and fine distinctions, just as Western art is. They are the product of cultural values and concernsArtforms, p. 353. The importance of ceremonial rituals, and social hierarchy were extremely evident in these native civilizations. These masks bestowed a sense of being, and a more stable sense of connection with a dynamic environment. The Songye people demonstrated this connection through ceremonial celebration, and paying tribute to their life-sustaining resources. These elements and design principles further enhance the connection of the spiritual sustenance shared between man and nature. The artistic designs of the Female Mask, gives a sense of creating order out of chaos, to communicate with the spirits and pay homage necessary for survival of a nation; the ultimate goal. EVALUATION I thought this was an excellent art piece not only to evaluate, but to learn about as well. We Americans take so much for granite with our current status of living, that I dont believe we spend time enough getting back to our roots. The smell of the room where this exhibit is displayed, for some reason takes me to a place I have felt before. .u644ce5b0b615197a7b65d924e53e9a1c , .u644ce5b0b615197a7b65d924e53e9a1c .postImageUrl , .u644ce5b0b615197a7b65d924e53e9a1c .centered-text-area { min-height: 80px; position: relative; } .u644ce5b0b615197a7b65d924e53e9a1c , .u644ce5b0b615197a7b65d924e53e9a1c:hover , .u644ce5b0b615197a7b65d924e53e9a1c:visited , .u644ce5b0b615197a7b65d924e53e9a1c:active { border:0!important; } .u644ce5b0b615197a7b65d924e53e9a1c .clearfix:after { content: ""; display: table; clear: both; } .u644ce5b0b615197a7b65d924e53e9a1c { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u644ce5b0b615197a7b65d924e53e9a1c:active , .u644ce5b0b615197a7b65d924e53e9a1c:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u644ce5b0b615197a7b65d924e53e9a1c .centered-text-area { width: 100%; position: relative ; } .u644ce5b0b615197a7b65d924e53e9a1c .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u644ce5b0b615197a7b65d924e53e9a1c .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u644ce5b0b615197a7b65d924e53e9a1c .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u644ce5b0b615197a7b65d924e53e9a1c:hover .ctaButton { background-color: #34495E!important; } .u644ce5b0b615197a7b65d924e53e9a1c .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u644ce5b0b615197a7b65d924e53e9a1c .u644ce5b0b615197a7b65d924e53e9a1c-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u644ce5b0b615197a7b65d924e53e9a1c:after { content: ""; display: block; clear: both; } READ: Essay On The Articles Of ConfederationAs strange as it may sound, I felt as if a part of who I am was on display only in an alternative supernatural sense. Standing in front of that case, I could almost picture in my mind the sights and sounds of the ceremonial dance. The way the light flickered from the fire as many tribesmen, and women displayed their beautiful works to the Gods they believed in. But isnt that the feeling one should get when we view pieces of this nature? Historically, pieces like the Female Mask should be greatly appreciated for their aesthetical qualities, as well as for their ability to transport your mind to lands and cultures in retrospect.

Thursday, March 19, 2020

The 9 Worst Mistakes You Can Ever Make at Work

The 9 Worst Mistakes You Can Ever Make at Work Getting a reputation as someone who’s unprofessional is a kiss of death in any workplace. The minute coworkers (or, even worse, your manager) lose respect for you, the game is over. While you may still have a job, you’ll be surrounded by people who don’t trust you- an unpleasant experience for everyone involved. Here are some key mistakes to avoid if you want to remain at the top of your work game.1. BackstabbingIt may seem like a snide word behind the scenes is more efficient than a confrontation, but it will ultimately affect your reputation more than the colleague you made look bad. Don’t go over someone’s head to solve a problem. Instead, communicate and try to find a resolution that will make everyone happy.2. GossipingIt’s one thing to share information or backstory, but you’ll develop bad word of mouth if you’re constantly engaged in spreading negative rumors about other people. If it’s not constructive or producti ve, keep it to yourself- or share it with your boss if it’s serious enough that you need to speak up, but be accountable.3. Taking Credit for Someone Else’s WorkThis is just slimy- don’t steal ideals or misrepresent your work. Doing so will also make you look ineffective. If you had your own ideas, you wouldn’t need to steal, right?4. Emotional HijackingAlso known as losing your s#$@, a meltdown that involves yelling, throwing, verbal outbursts or making people cry is a fast way to destroy your credibility- or build a whole new credibility as a toddler who throws tantrums. Maintain your self control. Act like an adult. Whoever you blow up at doesn’t look as bad as you do.5. Announcing That You Hate Your JobIf it’s true, start job hunting and put on a good face so they’ll recommend you to your next employer. If it’s not, suck it up and look for ways to spread positivity at work!6. BraggingBe a pro; take your accomplishments in s tride. It’ll impress your friends and intimidate your rivals. Act like success is something you see every day and hardly notice any more, even (especially) if it isn’t true.7. LyingYou may want to protect yourself or someone else, but as soon as you start lying it’s a matter of time until you get caught! Even if it’s a small, unrelated lie, it can damage your relationships at work and your professional career.8. Smelly FoodTreat yourself to a lunch hour away from the office if you can’t resist your Indian leftovers or a Brussels sprout sandwich every day. Don’t sit in the break room- or worse, at your desk!- pretending nobody can smell what you brought from home. It’s distracting and takes forever to dissipate.9. Burning BridgesI still think fondly of the boss who laid me off, even 6 years later, because she made an effort to reach out to me afterwards, followed through on recommendations, and stayed in touch until I landed on my feet . She taught me how to handle even tough goodbyes- you also never know when you might need a connection made.On Mobile? Please Sign In Here to View Your Job Matches

Monday, March 2, 2020

Non-Plagiarized Term Papers

Non-Plagiarized Term Papers Non-Plagiarized Term Papers Non Plagiarized Term Papers Secure Yourself! Non plagiarized term papers are the sign of our professional writing qualities. It is known fact that the practice of plagiarism is inaccessible in education and writing business. Therefore, our company pays serious attention to this aspect in order to provide only unique and exclusive non plagiarized term papers to our customers. Non Plagiarized Term Papers: The Essence Non plagiarized term papers are regarded as the high-quality and unique works of our writers. These papers include exclusive professional ideas and thoughts which describe the certain topic in full. The core aspect of our term papers writing is to keep the main idea within the text and express it with unique style of writing. It means that our works are lacking of copy paste and repetitions from published and issued sources. Thus, non plagiarized term papers are a sign of exclusivity and creativity. Non Plagiarized Term Papers: The Requirements to Writers Non plagia rized term papers are one of the fundamental merits of our companys business. That is why we responsibly and thoroughly select the writers for our big family of talented authors. The common list of requirements includes the following:Our writers have to know the current policies of anti-plagiarism in depth; Our writers ought to know the rules of correct referencing and citation in order to minimize the relations to plagiarism; Our writers should rely mainly on own creative thoughts and uncommon ideas to make the custom papers stronger and smoother; It is strongly recommended for our writers to check their works on plagiarism before the sending of an order. Non Plagiarized Term Papers: The Security of Our Customers Non plagiarized term papers can be an important basis for security of our clients who want receive high-quality and well-organized works. Our non-plagiarism policies and standards are designed to maximally secure the comfort of our customers and reputation of o ur agency in the future. At the same time, such non-plagiarism policies and standards encourage our marketing strategies: if the client is satisfied with quality of a work, he/she would contact to our agency over again. It eventually increases our reputation and level of economic profit. The writers who resort to practice of plagiarism and copy pasting lose their working position in our agency and trust of our managers. As you can see, our measurements of non-plagiarism are directed to provide the maximum security to our customers.

Saturday, February 15, 2020

C5 - Managerial Economics Essay Example | Topics and Well Written Essays - 4250 words

C5 - Managerial Economics - Essay Example The objective of the paper is to provide advice to a large travel agency of Hong Kong from an economic point of view in order to reassess the company’s business strategies. Relevant official data available in the government sites, the local airlines, and travel agencies will also be collected to facilitate the analysis in this study. Our prime focus will be to provide an in-depth analysis of the pricing strategies adopted by the local airline industry by using the concepts of market structure, cost and revenue structure and price discrimination. With this purpose, an in-depth analysis will be conducted through literature review describing the current business environment of Hong Kong airline industry. 2 Background 2.1 Theoretical Background Evidences have revealed that economic factors have a significant influence on the business environment of any and every region (The Times 100, 2008; Kitching & Et. Al., 2009; Floyd & Wooldridge, 1997). Based on this concept, experts have fi rmly stated that macro and micro economic factors, both play a crucial role in influencing the pricing strategies of an industry. Besides, the macroeconomic environment which may greatly affect the demand side of the market, the micro economic factors can be witnessed in terms of the market structure of the industry, the price discrimination taking place in the market scenario, its cost and revenue structure as well as the demand elasticity observed in the industry (Nadar & Vijayan, 2009). Musonera & Ndagijimana (2001) stated that the pricing strategies of an organisation depend largely on the political, economical, technological and social factors. For instance, when the economic factors tend to be highly fluctuating, the pricing strategies of organisations are developed to be flexible which can effectively deal with the economic variations. It is in this context that the aforementioned factors create a string impact on the market structure of firms in an industry which in turn inf luences its pricing structure (Mazzucato, 2000). Hong Kong airline industry is scrutiny by various regulatory bodies, such as Civil Aviation Department, International Air Transport Association (IATA), Airport Authority Hong Kong and others. These regulatory bodies deliver the industry with a strong and well-organised structure (Information Services Department, 2010). The initial factor that will be considered in this study is the influence of market structure on the pricing strategies of the airline industry. Market structure relates to various elements existing in the business environment such as product differentiation, market concentration, economies of scale, vertical integration of the competitors in the market and other similar aspects that in turn define the market structure of an industry. Therefore, market structure can be defined as â€Å"the organisational characteristics of a market that largely determine where it fails on competitive spectrum between monopoly and compe tition†

Sunday, February 2, 2020

Privacy Policies Essay Example | Topics and Well Written Essays - 750 words

Privacy Policies - Essay Example For instances it could be the illustration of a website offering information regarding the exercise of personal information, mainly personal information gathered by means of the website by the website owner. Privacy policies frequently encircle facts of what personal information is gathered how the personal information probably will be utilized, the persons to whom the personal information may be revealed, the safety actions taken to defend the personal information, and whether the website employs cookies and/or web bugs.1 A number of websites as well identify their privacy policies by means of P3P or Internet Content Rating Association that is also acknowledged as ICRA, facilitating browsers to without human intervention appraises the level of privacy presented by the site. For this paper the first web site I have selected is the â€Å"www.attwireless.com.† is business website of the AT&T Wireless Inc. AT&T Wireless is the major independently traded wireless mover in the US. AT&T Wireless functions one of the biggest digital wireless networks in North America. AT&T has in the order of 18 million subscribers, and complete-year 2001 revenues of 13.6 billion dollars, AT&T Wireless is enthusiastic to being amongst the preliminary to bring the next generation of wireless goods and services. Nowadays, AT&T Wireless presents customers high-class wireless voice and data communications services and services in the United States, and globally. AT&T Wireless consumers’ gain is the companys declaration to make sure that customers have the exact equipment, the correct calling arrangement, and the correct customer services options these days and tomorrow. For additional services and information you can visit their web site: www.attwireless.com.2 This privacy policy tackles the privacy of AT&T family of company’s buy and sells consumers and web guests in the US, apart