Saturday, August 17, 2019

Hamlet Rough Draft

Throughout the play, Hamlet shows many examples of being an indecisive person and being unable to do anything he wants to, as if something stops him. An example would be in act five, when he decides to confess his love for Ophelia on her grave. He took too long to tell Ophelia or anyone for the matter about his love for her. Another example would be his mother remarrying, and Hamlet not being able to confess his true feelings about King Claudius being his new father. In the first four acts, Hamlet goes on about his life being miserable and in some kind of melancholy mood.He can’t find a way to deal with it, so he keeps all of his negative feelings to himself. This â€Å"depressed† funk he is in interferes with his will to act upon things that go on around him. However, he does manage the courage to finally step up and confront his feelings about King Claudius, which puts him in fear of Hamlet. Besides his mood affecting his will to act, how Hamlet over thinks his action s ruins his ability to do anything. For him, there is always something else that can go wrong, so he decides not to go with his original plan.While we all go around looking for an excuse whether or not to do something, Hamlet seems to have no problem just saying never mind to everything and chickening out. He thinks about a plan to make, then decides against it. â€Å"Why† is what I have to ask? Why didn’t Hamlet do everything he wanted to? Maybe his life would have changes completely and he would be in such a rough state. Maybe his life wouldn’t have changed at all. In Act Five Scene 1, Hamlet finally confesses his true love for Ophelia, who has already committed suicide. As if saying this is going to bring her back to life, he fights with her brother Laertes about who loves her more. Forty thousand brothers/ Could not, with all their quantity of love,/ make up my sum. † (V. i. ) The two literally jump into her grave and fight over her. Hamlet waits until Ophelia is dead to confess his love for her, while before, he had the chance to do so. (Claudius and Polonius set up a trap for Hamlet to see if he’s gone â€Å"mad† because of his love for Ophelia, or because he may actually be insane. )In this scene, Hamlet chooses to completely dis Ophelia and basically tell her he doesn’t love her at all. She was in on it the whole time, and was discouraged by his reaction.This may be the reason she actually killed herself. It is ironic to see how scared he seems of confronting anyone about how he feels. â€Å"Frailty, thy name is woman! † (I. ii. ) Hamlet is completely in awe and disbelief that his mother would marry her own brother. Especially since it’s her own flesh and blood she’s married to. Hamlet feels that it hasn’t been nearly long enough to remarry or get over their loss which they suffered. Yet, Hamlet still shows no sign of courage to confront the new king, even though he feels so st rongly that this is so wrong.Before he says that to his mother, he also said, â€Å"That it should come to this,† meaning that she could have married anyone or anything else, and it still wouldn’t have been as bad as her own brother. That it would have to come to this, thinking that you can’t trust anyone again besides your own family members. Hamlet also believes that because of this awkward marriage, there is just a series of streaks of bad luck to come to him and his family. Sharing this with his mother would be the best idea, but like many other times, hamlet doesn’t say a word and keeps to himself.He hates his uncle being king, and wants so bad for it to change. This scares him though, thinking that saying something will just bring even more bad luck to him. Later on in the story, he does go and find his mother to tell him his trouble about this and what will happen if he doesn’t share this with her. Hamlet goes to his mother and finally share s what’s on his mind. He tells her things like, â€Å"don’t believe your husband that I/m crazy, because I’m really not,† or, â€Å"I’m only telling you this so Claudius doesn’t persuade you to think differently of me. He warns his mother to not go and â€Å"spread the compost on the weeds/ To make them ranker † By saying this, he doesn’t want the compost to be like a catalyst, and spread corruption throughout her own mind because of Claudius telling her so. Although Hamlet shows himself as indecisive and insecure, towards the end of the story he does show some act of courage; enough to finally go and kill King Claudius. At first, he finds himself procrastinating at the matter, because he comes up behind King Claudius while he’s praying. He originally planned on killing him right then and there, but wait!Hamlet stops and lets his inner coward win over yet again. After a series of deep thoughts, he does decide to kill hi s uncle, and realizes that he must go through with his plan quickly, before Hamlet himself is killed. †Thus conscience does not make cowards of us all;/ And thus the native hue of resolution/ Is sicklied o’er with the pale cast of thought;/ And enterprises of great pith and moment,/ With this regard, their currents turn away,/ And lose the name of action. † Hamlet here combines some themes of this play: death and life, the connection between thought and ction. In act five scene five, he goes into Claudius’ room to kill him. Like the last time he went to kill him, he was on his knees praying. Why send him to Heaven when he should go to Hell? His father wasn’t given a chance to repent his sins before he was murdered, so why should King Claudius? Hamlet thinks about this for a minute, and decides to wait for a more reasonable time to go through with this murder. Maybe he will get lucky and catch the king drinking, angry, or being a lustful man. Then he feels it would be right to kill him.When we do bad deeds, we feel bad about them sooner or later, or do we immediately regret doing them? This is something Hamlet does a lot throughout the entire play. One moment he is ready to confess his love for someone, and the minute they turn to look at him, he changes his mind. His indecisiveness seems to play a big part on his actions. If he wasn’t so afraid of the possible outcome, do you think he would go through with everything he says he will? Over the series of acts, Hamlet shows another emotion. Whether he’s happy, sad, angry, or in love, one mood will never seem to stay put.When I first read this, I kept losing my train of thought because of the consistent change of emotion. Hamlet seems to be insecure with everything he thinks about, which leads him to a world of hurt in the future. Look at what happened with Ophelia: he waited too long to tell her he loved her, said all of the wrong things to her, and she killed hersel f over it all. When his mother married his uncle, he was confused and angry, but didn’t say anything because he was afraid of hurting his mother and bring bad luck to him. Hamlet also doesn’t tend to give any one thought of his a chance before completely shooting it down with disbelief.I mean, leaving things to fall on their own makes sense to do, but not with every single problem or situation that comes around. For example, when we’re cold, do we go and get a blanket, turn the heat on, or even snuggle up on the couch? Or do we just wait until were so cold that were just numb? Of course we aren’t going to let ourselves freeze, so we go and do something about it without thinking about all of the negative repercussions. (Like being even more uncomfortable once we get up, or worse case scenario, tripping over something and breaking a limb. Hamlet needs to be more lenient on himself while making decisions, because he seems to be killing himself by doing this. He loses every chance he gets by not bothering with them in the first place. Shakespeare’s plays all have a theme based on the same basic thing: life and personal experience. Like a normal human being, he’s probably been through heartbreak, a loss of a loved one, and the experience of having to make a serious decision. Maybe he was the kind of author that makes his characters do everything he didn’t, and that’s what makes it so relatable to us as his audience.

Friday, August 16, 2019

Operation Management Essay

Purpose: The purpose of this assignment is to provide students with an understanding of the role and importance of operations management in the efficient and effective production of goods and services. It will enable students to realise that the ‘proper’ organisation of productive systems, and their interfaces with internal as well as external customers and suppliers, is essential if goods/services are to be produced on time, to cost and within the laws and regulations. Scenario. Impressive Burgers was established 10 years ago with the goal of providing fast take away food to their customers quickly and of a higher quality to that of their rivals. Each restaurant offered a simple menu structure with a choice of four set meal options. 1. Burger, Chips & Soft Drink 2. Cheeseburger, Chips & Soft Drink 3. Chicken Burger, Chips & Soft Drink 4. Vegetarian Burger, Chips & Soft Drink Customers were offered a choice of size of each meal: Regular, Medium or Large. The size of the chips and drinks portions varied but the burger size remained the same. Using this format they were able to serve each customer their order within 4 minutes from a ordering at the till to receiving their complete order to take away. Each restaurant places their orders with the suppliers directly based on the manager’s prediction for demand based on the reports generated by the restaurants own till system. These orders arrive in one shipment once every other week. The company has grown to a chain of restaurant operations and the management introduced a number of changes to the format 12 months ago in an effort to increase each business at each restaurants. The number of set meal options available on the menu was increased to offer more options to the customer and to attract customers seeking healthier options. The menu options were increased by a further three options: 5. Chicken Nuggets, Chips & Soft Drink 6. Chicken Salad, Garlic Bread, & Soft Drink 7. Hot Dog, Chips & Soft Drink In addition to these set menu additions the company also offered the option of changing the chips option on the set meals for either a Side Salad or for Potato Wedges. The restaurants themselves have not changed and the number of staff and machinery has remained at the same levels before the menu changes. Since these changes were implemented there has been a dramatic increase in turnover and the number of customers that are visiting each of their restaurants. However, overall profit has declined dramatically over the last 12 months and the company predicts that if it continues the company will report its first loss in its history within the next 6 months. The company is considering expanding its operations by opening a number of new outlets but want to identify the problems to the issues they are currently facing. The company has begun to investigate why the mixed fortunes have arisen and has identified a number of issues. Serving times have increased dramatically and it now takes an average of 9 minutes for a customer to be served and the number of customer complaints has increased. The main complaints include rude and agitated staff and incorrect or incomplete orders. The total value of stock held at each restaurant has increased by an average of 20% and waste has dramatically increased. The CEO of Impressive Burgers is worried about the current development and has recruited you as Operations Manager with the responsibility of rectifying the situation that the company is currently facing. Your first assignment as Operations Manager is to produce a formal report to the management which includes the following tasks: |Outcome |Assessment Criteria | |No(s) | | |1. Understand the nature and |explain the importance of operational management |1. 1 | |importance of operational | | | |management |explain the need to produce safely; on time; to cost; to | | | |quality and within the law | | | | |1. 2 | | | | | | | | | | |explain the link between operations management and | | | |strategic planning | | | | |1. 3 | | | | | | |produce a systems diagram to illustrate a typical | | | |business | | | | | | | | | | | | |1. 4 | |2 Understand the link between |explain the ‘Three Es’ (economy, efficiency and effectiveness) | | |operations management and | |2. 1 | |strategic planning |explain the tension between cost minimisation and quality | | | |maximisation |2. 2 | | | | | | |evaluate the significance of the five performance objectives | | | |that underpin operations management | | | | | | | | |2. 3 | | | | | | |explain linear programming | | | | |3. 1 | |3 Understand how to organise a typical production process | | | | |evaluate critical path analysis and network planning | | | | |3. 2 | | | | | | |explain the need for operational planning and control | | | | |3. 3 | | | | | | | | | | |produce a set of clearly defined operational outcomes | 4. 1 | |4 Be able to apply relevant | | | |techniques to the production |produce a network plan and indicate the resultant critical path| | |of an operational plan for a | |4. 2 | |typical business | | | | |explain how quality could be defined and maintained |4. 3 | |Assignment Tasks: | | | | | | |Assessment | | |Criteria | |You are required to produce a formal and written report to cover the underlisted tasks. | | | | | |Task 1 | | |Explain the importance of operational management in an organization such as Impressive Burgers and explain ‘Three Es’ (economy, | | |efficiency and effectiveness and its relevance in the industry in which Impressive Burgers operates. |1. 1,2. 1 | | | | |Task 2 | | |Critically evaluate Impressive Burgers’ approach to expanding their operation. | | | | | | | | | | | | | | | | | | |1. 2,1. 3,1. 4 | | | | |Task 3 | | |Discuss the reasons behind the problems the company is facing and make suggestions for rectifying the situation. | | | | | | | | | | | | | | | | | | | | | | | | | | | |3. 1,3. 2,3. 3 | | | | |Task 4 | | |Considering the effects on the operations, identify ways in which the overall operation could be improved and expanded further. | | | | | | | | | |4. 1,4. 2 | | | | Grading Criteria The assignment will be graded into Pass, Merit and Distinction against the following criteria: Pass: A pass grade is achieved by meeting all the requirements defined in the unit outcomes. Grading Criteria The assignment will be graded into Pass, Merit and Distinction against the following criteria: Pass: A pass grade is achieved by meeting all the requirements defined in the unit outcomes. |Merit & Distinction | |M1 |Identify and apply strategies to find appropriate solutions | | |Identify areas relevant for each task in the assignment and respond accordingly and professionally | |M2 |Select and apply appropriate techniques | | |Evidence of processing and synthesised complex information/data. | | |Appropriate learning methods/techniques have been applied | | |Report should have proper citations and reference list to all sources including your field-visit observations, books, magazines and other | | |material used for research | | | | |M3 |Present and communicate appropriate findings | | |Present your views coherently and logically | | |Demonstrate real situations in your assignment | | | | |D1 |Use critical reflection to evaluate own work and justify valid conclusions | | |Justify your ideas in a professional manner. | | |Propose realistic ideas for the future based on the current status | | |Learner presented CONCLUSIONS for all tasks/areas | |D2 |Take responsibility for managing and organizing activities | | |Show that you did the assignment alone and in accordance with the time. | | |Assignments referred will automatically achieve the minimum grade too for improper handling of task | |D3 |Demonstrate creative thinking | | |Demonstrate that you followed all the guidelines while doing the assignment and have utilised adequate and relevant words for the specific. | | |business environment | | |Apply innovation and creative thought in your work. | |Required Evidence | |†¢ Report (Your report should be approximately 1800 words and you are likely to be penalized if it exceeds 2000 words. If you feel it is essential to | |include detailed information, put it in an appendix and refer to this appendix in the text. Your sources of information should be clearly identified) | | | |Reading & Research Resources | |Lecture slides | |F Rowbotham et el (2007) Operations Management in Context | |S Brown et al (2000), Strategic Operations Management, Butterworth Heinemann. | |L Galloway L et al (2000), Operations Management in Context, Butterworth-Heinemann. | |J Heizer and B Render (2003), Operations Management, Prentice Hall. | |N Slack et al (2000), Operations Management, Pitman. | |D L Waller D L (1999), Operations Management — A Supply Chain Approach, Thompson | |Newspapers, trade journals, magazines | | | |Guidelines for Presentation | |All assignments must be word-processed using Times New Roman (12 point) and stapled in the top left hand corner. | |Page numbers must be included at the bottom of each page. | |Secondary sources should be acknowledged using the Harvard Referencing | |Students are requested to attach the ‘assessment activity front sheet’ on the top of each report with all personal information (name, and student number | |etc. ) accurately presented. | |Every report must have a front page showing the title, class and name | |The length of writing will be limited to about 1800-2000 words. | |Note: Assignment that did not follow this ‘Guidelines for presentation’ will not be accepted. | | | |Plagiarism Policy The college has strict penalty for plagiarism and the assignment will be cancelled if the assignment is observed for this. The definition| |and scope of plagiarism are presented below: Plagiarism occurs when a student misrepresents, as his/her own work, the work, written or otherwise, of any | |other person (including another student) or of any institution. Examples of forms of plagiarism include: | |†¢ The verbatim (word for word) copying of another’s work without appropriate and correctly presented acknowledgement; | |†¢ The close paraphrasing of another’s work by simply changing a few words or altering the order of presentation, without appropriate and correctly | |presented acknowledgement; | |†¢ Unacknowledged quotation of phrases from another’s work; | |†¢ The deliberate and detailed presentation of another’s concept as one’s own. | | | |All types of work submitted by students are covered by this definition, including, written work, diagrams, designs, engineering drawings and pictures. |

Mt 355 Unit 2

Kinshasa Abroad – African Cuisine and Culture Jennifer Johnson MT/355 – Marketing Research Theodore Alex 5/1/2012 Introduction The purpose of this paper is to refer to the case Kinshasa Abroad – African Cuisine and Culture, define the problems that appear regarding this case, and trying to find answers and solutions to these problems. As it can be noticed in the case, there are marketing problems regarding this business. There are two questions that need to be addressed.The first question is about the type of information that needs to be collected to help diagnose the marketing problem in this case. The second question, however, it is interesting because it asks to create a list of probing questions that should be asked the owner of the restaurant to help him specify research problems and also the manager’s decision problem. Kinshasa Abroad The case goes this way. Youlou Kabasella is an African entrepreneur that had a business running in his own country.It was a restaurant that was opened for more that 14 years. However, since the political context was not advantageous, the owner decided to move with his family in the United States. He manages to open the same business he had in his home country, in the downtown area of Columbus, Ohio. However, the strategy chosen by the entrepreneur with respect to his business may not be appropriate since it does not show any positive results. He considered keeping most of the aspects of his business similar to his home country.The paper tries to identify the problem and spot certain solutions through marketing research. Before getting deeper into this concept, the term marketing research must be defined. According to Churchill, Brown, and Suter (2008), marketing research represents the function that connects the consumers to the marketer through information that is used in identifying and defining marketing problems and also opportunities. Marketing research helps generating, refining, and valuati ng marketing actions; it helps monitoring performance and it enhances the understanding of marketing as a complete process. A research consultant requires various valuable data from Mr. Kabasella to identify the problem of his inefficiency. At first, a marketing consultant would require Kabasella information about his advertising and promotion practices, about the local customer preferences and habits, precise information about the prices and his menu and business activities, and other information as well.Here is a list of questions that a marketing consultant addresses Kabasella to help him with his business problems: 1. How come most of your products are African based? 2. Why did you choose to advertise without using the most important advertising mean which is the Internet? 3. Did you consider doing a marketing analysis to determine your potential competition in this area? 4. Did you consider offering free meals or other points of attraction to try and increase the number of cust omers? 5. Did you consider selling more local products?Conclusion These from above are only few of the potential questions that a marketing researcher needs to ask the employer to help him with his problems. The marketing researcher needs to focus identifying the competition for this company; it also needs to focus on advertisements and promotion to include the company in the list of the customers. The will have to find the proper marketing mix, which refers to product, place, price, and promotion (the four Ps of marketing) to help the company become more efficient and profitable.It clearly needs to add more local meals and drinks to its menu; it needs to use and promote local bands in the restaurant because clients would come and serve meals that they are aware of (at first), and then they may try to choose the African specialties. There are many elements to be considered; the solution to this case is not difficult to be identified and implemented. Reference Churchill, G. A. , Brow n, T. J. , & Suter, T. A. (2008). Basic Marketing Research (7th Ed. ). Cengage Learning.

Thursday, August 15, 2019

Pttls Level 3 Assessment 4

HABC LEVEL 3 PTLLS Assessment 4 By Andrew Townsend 28 December 2011 HABC LEVEL 3 PTLLS Assessment 4 Townsend 1 Explain the three main types of assessments used and fully explain how you conduct, or could conduct, an initial assessment of learners. The three main types of assessment are Initial, Formative and Summative Assessments. Each form of assessment is equally important each serving a differing purpose and each used in differing ways. The Initial assessment is the means in which to gather information about the learners and to not only assess their ability to complete the course that they are taking part in, but to enable the teacher to plan the structure of the sessions required. It also assists the Teacher to decide the pace and pitch of the sessions as well as the choice of resources to use to gain the best out of the Learner. The method most commonly used is the Pre-course Application Form / Questionnaire. This enables the teacher to assess the learner’s standard of written English and understanding. It also enables them to asses previous academic experience, in terms of qualifications already attained and will also tell the teacher when the learner was last in an educational environment. The Application form / Questionnaire can also be backed up by a telephone call. This would enable the teacher to assess the learner’s spoken communication skills. The information collected during the initial assessment should allow the learner to: †¢Be placed on an appropriate pre-vocational or vocational learning programme which matches their skills, knowledge and abilities. Work towards a level of qualification which is appropriate to their level of skills, knowledge and ability. †¢Be placed in work in an appropriate occupational area, where this is relevant to the learning programme. †¢Have all their learning and support needs identified, to enable a comprehensive individual learning plan to be designed. (Department for Education and Employment Good Practice Series †˜Initial Assessment of Learning and Support Needs and Planning Learning to Meet Needs May 2001 p10). ‘The formative assessment is a continuous method of assessment that is conducted throughout the course of tuition. (Morley and Wordsworth. PTLLS made easier. Nov 2010 p92). As a session progresses, the teacher must be able to assess that the learners have understood what they have been taught at each stage. Without continual assessment there is no way of judging whether the learners are able to move on to the next stage. The assessments can be conducted using various means such as oral question and answers, multiple choice questions or group tasks or exercises. The assessments used will enable the teacher to make an informed decision whether or not to carry on, or to re-teach and confirm as required. Often the size of the group will govern the methods that the teacher adopts to carry out formative assessment. The use of question and answers often takes time, particularly if asking each and every learner either one or two questions. In this situation it would be easier and more productive to introduce multi-choice questioning in the form of a game. For example issue each learner with a set of cards labelled A, B C and D. When a question is asked each student can HABC LEVEL 3 PTLLS Assessment 4 Townsend 2 then respond accordingly with what they consider to be the correct answer. This enables the teacher to examine all students at the same time, as well as being able to correct, if necessary the learners that have given the wrong answer. In the practical scenario formative assessment enables the learner to practice what they have learned without the pressure of a formal examination and if errors are made, then they can be rectified during the session. If several of the learners are making the same error, it enables the teacher to re-teach as required. ‘A summative assessment is a final confirmation assessment that is conducted at the end of the session or course. This type of assessment assesses all aspects of the teaching and normally, for a theory session, takes the form of a written examination. ’ (Morley and Wordsworth. PTLLS made easier. Nov 2010 p93). This enables the teacher to ask questions about the entire course in a logical order and being a written examination, once it is marked, it can be graded then filed and stored as a record of the learners progression. When used following a practical session the formative assessment would take the form of the learner carrying out the newly taught skill from beginning to end, under examination conditions without interference from the teacher. I would use a pre-course application form in order to conduct an initial assessment of learners. A well thought out and written application form would enable me to gain vital information about the learner and plan the course of study to best utilise their potential. The application form would enable me to collect the following vital information about the learner: Career preferences and suitability. Qualifications and achievements. Aptitude and potential. Prior learning and experience. Basic skill needs. Key skill needs. Learning difficulties. Interests. Learning style. Job role. Personal effectiveness. Personal circumstances which may affect learning. (Department for Education and Employment Good Practice Series ‘Initial Assessment of Learning and Support Needs and Planning Learning to Meet Needs May 2001 p39). Explain how you utilise assessment methods. Prior to any course of study I would send out a pre-course application form to all learners in order to gain as much information as possible to enable me to plan the course of study accordingly. The responses received would enable me to ensure that the learning was set at the right level for each learner to gain as much as possible from the learning and enable them to reach their individual learning goals. HABC LEVEL 3 PTLLS Assessment 4 Townsend 3 As the training progressed I would utilise formative assessment throughout the learning process. E. g. Having taught a practical element of the course, such as CPR, it is very important to make sure that the learner is able to carry out the procedures correctly. It enables me as the teacher to see whether the teaching method used is working or whether changes may be required. I would also employ formative assessment in the form of Questions and Answers or maybe even games to not only help me assess the effectiveness of the teaching, but to help me as the teacher to further embed learners functional skills. E. g. In First Aid there are several basic formulae/ratios that require to be learnt to enable the learner to carry out life saving procedures, such as 30:2 (the number of compressions to rescue breaths required to successfully carry out CPR. These various formulae also lend themselves very well to the use of multiple-choice questions. At the conclusion of a three day First Aid at work course a formal summative assessment is compulsory in the form of multiple-choice examination papers and practical examinations. This allows the learner to prove that they have reached the standard required, which in turn enables them to be certificated as qualified in First Aid. Summative assessment also enables the teacher/training organisation to keep records of the learners’ achievements for further reference, particularly if the learner wishes to progress further. Explain the importance and the requirement of keeping records, including those relating to assessment. Record keeping forms a crucial part of teaching; the majority of records that would be kept are summative assessments. These are often paper examinations, or audio/ video recordings. Other forms of records that are required to be kept are teaching logs, application forms and funding documentation. Records can either be paper-based or data-based; both forms require an adequate storage facility that is secure and monitored. There are several reasons why records need to be kept, such as a requirement from a college, OFQUAL or an awarding organisation, such as HSE. Records show standardisation, meeting of criteria and form a vital part of the audit chain. OFQUAL, colleges and awarding organisations employ quality assurance officers to check training provider’s records. There is normally a stipulation that they are kept for three years. The other benefit of record keeping is that you have something to reference should a past learner enquire about a previous course of tuition. They may have lost their certificate and require a duplicate copy for their records. (Morley and Wordsworth. PTLLS made easier. Nov 2010 p97).

Wednesday, August 14, 2019

Chester Company Essay

A unique and interesting problem arose when one company, a monopoly within the business-to-business (B2B) sensor market, split into six companies with identical products and equal footing within the market. As Director of Finance for Chester Company, one of the newly formed entities, it is important for me to identify a strategy that will enable the company to remain viable and be successful in the future. An in-depth analysis of the industry situation report provided good metrics to project future customer desires and total market potential. In order to be successful, the strategy that the management team develops must work within the identified parameters while attempting to predict how the other five companies in the B2B sensor market will proceed. There are only two segments of the B2B sensor market: low technology and high technology. The only product Chester Company offers currently fulfills the needs of both markets but this will change as the newly formed entities revise and develop products to meet customer needs. The high tech segment is appealing but will require continual investment in research and development to maintain the standards that customers expect. It will be easier to meet the needs of the customers within the low tech segment but there will likely be more competition for market share. 1. The strategy that I would like to see the management of Chester Company adopt over the next five years is that of â€Å"niche cost leader† (Capsim Management Simulations, 2012) for the low technology segment of the B2B sensor market and to obtain thirty-five percent of that market. This will be achieved by appealing to customers’ sense of thrift. To cut prices below the competition, management should retain the current product and not invest much in research and development. Production costs must also be greatly reduced. To do this, an early investment in automation is necessary as it will reduce labor expenses in future years which will increase the margin and profitability of the company. This investment will be financed through the issuance of stock and long term bonds. I also plan to provide the marketing department with a very generous budget in the first couple of years to aggressively target the market and increase the awareness and accessibility of the product early on. Short term borrowing will be necessary to finance operations and provide a cash cushion to prevent the need for an emergency loan. 2. There is a great chance for Chester Company to earn good profits within the low tech segment over the next five years. Although the price of the product must be kept to a minimum this will be offset by decreasing costs which increases the contribution margin. Also, there is greater demand for products in the low technology segment of the B2B sensor market which is expected to increase approximately ten percent each year. However, Chester Company shareholders may realize a loss in the first year due to the high marketing budget and cost of labor because the automation rating is low. Unfortunately, some sacrifices will need to be made early on to realize greater profits in the long term. 3. The product that is most important to the success of Chester Company is Cake; the product currently being produced. During the first year of business, this product will have the ability to appeal to customers across both segments of the B2B sensor market and will ultimately become the favored product of the low tech segment. Management will take advantage of the dual appeal of Cake in the first year by taking a portion of both the low tech and high tech markets in an attempt to retain some profitability. Ultimately, the product will be positioned so that it takes a large portion of the low tech market and will likely not take any portion of the high tech market by the fifth year. The plan that I developed focuses primarily on the success of the company for the next five years as there will be a lot of volatility in the market and further projections are impossible to make at this time. It is difficult to predict how the competitors within the B2B sensor market will be positioned which makes it essential for management to decrease costs as much as possible and increase market share within the low technology segment of the market. My advice to the rest of the management team is to avoid the appeal of developing a new product for either market early on and to avoid the high tech market altogether within the first five years because it will be difficult enough to remain profitable and succeed without squandering business assets on developing a product which will have little chance of being profitable within that timeframe.

Tuesday, August 13, 2019

Sales Opportunities for Acme Pet Products Case Study

Sales Opportunities for Acme Pet Products - Case Study Example This was not a problem, as the price of a two week stay in one of the best hotels in the capitol, Animallia, amounted to under $750 US and the cost of living is very low. Before traveling, I made appointments by telephone with the Minister for Tourism and Culture and the mayors of the five main coastal resorts, who were all agreeable to meetings with me in Animallia. Findings: A small country, covering 122 square miles, the island Republic of Felinacaneria lies 65 miles off the North West African Coast, in the North Atlantic Ocean. The climate is hot to warm, year round, with little rainfall and an arid terrain. The main income is derived from tourism, some fishing and wine. The currency is the bonio, worth 50 cents US, and while the economy is sound, wages are low, comprising $600-700 US per month. The population is 362,000 with 100,000 living in the capitol. There are five main tourist resorts and these, together with Animallia, provide most employment for the working population, about two fifths of overall population. As mentioned earlier, each family owns at least one dog and two cats. (See Table 1.) The Min... I also hoped to forecast sales opportunities available there. This project was proposed, authorized and agreed by CEO, George McIllicuddy and was limited to a budget of $5000 US and a timespan of two weeks. This was not a problem, as the price of a two week stay in one of the best hotels in the capitol, Animallia, amounted to under $750 US and the cost of living is very low. Before traveling, I made appointments by telephone with the Minister for Tourism and Culture and the mayors of the five main coastal resorts, who were all agreeable to meetings with me in Animallia. Findings: A small country, covering 122 square miles, the island Republic of Felinacaneria lies 65 miles off the North West African Coast, in the North Atlantic Ocean. The climate is hot to warm, year round, with little rainfall and an arid terrain. The main income is derived from tourism, some fishing and wine. The currency is the bonio, worth 50 cents US, and while the economy is sound, wages are low, comprising $600-700 US per month. The population is 362,000 with 100,000 living in the capitol. There are five main tourist resorts and these, together with Animallia, provide most employment for the working population, about two fifths of overall population. As mentioned earlier, each family owns at least one dog and two cats. (See Table 1.) 2. Pets and Population Distribution Figures -Table 1 Place Families Dogs Cats Animallia 20,000 1 2 Candia 10,200 2 2 Chocola 9,200 1 2 Marshmalla 9,400 1 3 Angelica 9,600 1 2 Hershia 9,000 1 2 Rural Areas 5,000 2 4 Source 2005 Census, Government House, Animallia As can be seen, the cat and dog population is large and ever growing, constituting a lot of waste and possible health and hygiene threats. The Minister

Monday, August 12, 2019

PLMC Models Coursework Example | Topics and Well Written Essays - 500 words

PLMC Models - Coursework Example However unlike linear approach the incremental method allows for change in scope (Westland, 2007). It also solves problems by releasing solutions in parts. This approach is suitable for construction management projects as it facilitates its delivery in an incremental manner. With Iterative model, solutions are delivered at every iteration phase. This approach is also based on the Agile Project Management approach (Westland, 2007). In iterative approach the solutions are not defined in advance and hence solutions become visible through client participation such as feedbacks that may help in delivering the solutions needed. In other words in depends on the clients input to offer solution that refines the design process. Unlike the Iterative model, with adaptive approach the solution hardly exists as well as the methodology to provide the solution. The adaptive approach has been mostly adapted in software development (Wysocki, 2011). This process is suitable for projects that are complicated or projects that unique in nature. Because of its approach, it is most adoptable in projects that are highly uncertain in solution delivery in regards to the project goals at hand. The extreme model is suitable for research and development based projects. With the extreme approach, client participation is highly recommended. Furthermore, whereas other approaches have a hint of the solution, with extreme approach it only applies to projects that have no known solutions and are highly risky can adopt this type of approach (Schwalbe, 2010). It is therefore used for projects that present so many unknowns. Personally, I would recommend an iterative approach as it involves client t participation as well as the fact that it demands a strict timeline and accountability which guarantees project delivery within the expected time frame with respect to a client’s specifications (Wysocki,