Module Review 3 Essay Example | Topics and Well Written Essays - 1500 words

Module Review 3 - Essay Example The control of integrated operation by the CPFR is performed through strategic planning, management of demand and supply, execution and analysis. In planning and strategy, the CPFR sets the goals of a firm, with distinctive outlines of the scope of the roles, responsibilities, procedures, and checkpoints. This Joint Business Plan spots the hindrances of effective demand and supply, and eliminates these obstacles through inventory policy changes, introduction of products, promotions, and opening or closing of branch stores (Sattar, 2012). The management of demand and supply focuses on sales forecasting and order forecasting. Sales forecasting projects the demand of consumers at a certain sales point. On the other hand, order forecasting determines the orders and deliveries depending on the sales forecast (Diederichs, 2009). The execution role of the CPFR in integrated operations constitutes the implementation of the firm’s forecast into the firm’s real demand and fulfillment of the orders through production, stocking of stores, delivery and shipping. In addition to execution, the CPFR analyses the planning of operations and calculates the returns of the business to determine the achievements of the strategic plans, or to expose the need for the development of more alternative strategies (Choi, Hui & Yu, 2013). Inventory is a critical visible asset for most firms, and determines the size of a firm’s purchasing power. The inventory levels are subject to focus by many company shareholders and executives. Despite this, the focus has reduces drastically, causing sever implications on the supply chain. The administration of inventory is necessary in the planning of inventory requirements and management of uncertainties that may occur in a business. The use of Pareto inventory practice enables the management to establish the amount of inventory on the low demand items that indicates the shortage of a product, the need for transitions or

Creative marketing strategy Essay Example | Topics and Well Written Essays - 2000 words

Creative marketing strategy - Essay Example The emergence of competition in the industry among the different sectors has come up due to the fact that the labels compete on the quality of their products rather than the price. A person would buy a well known product for instance Louis vuittion or Gucci at a very high price compared to the same product without the logo. Due to this factor of attractiveness, marketing or product promotion has been a key tool to great sales for the fashion industry with different modes of advertising and marketing used. Currently, the fashion industry is a multi-billion industry that has seen a lot of investors and entrepreneurs enter the broader textile and apparel industry. The amount spent in US on fashion each year is 250 Billion USD and according to the analyses, the amount is set to double in the next ten years. This translates that number of people employed is set to increase and the annual global fashion industry revenue is also set to be rising in the near future. In today’s era of fashion industry, it is more than just availing products in the international markets, but it entails marketing, branding and shipping of products. Due to the differentiation of the world markets, uniformity in marketing may be hard, but with increase use of technology, marketing and availing goods in the market has become easier (Tungate, 2012). The problems of different trade policies, difference in trading currencies, laws and infrastructure have been reduced .The companies that have been leading in pr oviding assistance to small scale designers and Fashionist include; council of designers of America, Editd (UK) and Nike. These organizations have helped young designers scale up the tough competition through helping them brand and market their products. Economic boom or recession influences the general income of the fashion industry. During the boom, people will tend to spend more on luxury and new trends because they

Entrepreneurship Business Plan Essay Example | Topics and Well Written Essays - 5000 words

Entrepreneurship Business Plan - Essay Example A wide range of SUVs, small cars, sedans and luxury vehicles will be marketed through the showroom of XXX Automobile. The objective of the business is to become one of the leaders in vehicle retailing market in Geneva. The operations of the business will be performed by an experienced management team. In order to ensure higher productivity, the business will take assistance from advisors and technical experts and thus can help to secure the business from possible risks. The start-up cost of the business is expected to be ? 3,850,000; majority of which will be collected by availing bank loans. The major drivers for success of the business will be quality products with reasonable price and better customer service. XXX Automobile plans to be a start-up car dealership business. XXX Automobile will intend to serve vehicles for middle class and upper class markets. The business is planned to be commenced in the downtown of Geneva in Switzerland City considering the fact that the market of Geneva is untapped and there is high potentiality for car business in that region. People in Switzerland also desire for quality, stylish and world class vehicles. The developed economy of Switzerland along with increasing population and demand of vehicle can increase the probability of success for the business by a considerable extent. The paper describes a detailed business plan for opening vehicle showroom in Geneva city of Switzerland. The objective of the paper is to develop a structured planning for marketing, finance and other significant aspects in order to commence the showroom for demanded vehicles. The paper has also considered the market of automobile along with personnel strategy to conduct the business effectively and ensure profitability. 2.0 Business Description XXX Automobile is expected to be operating as the authorised dealer of Volkswagen Group. The showroom will provide sales and services of new models of Volkswagen. The business will also attempt to procure car s directly from Volkswagen and sell through the showroom to the people of Geneva maintaining a direct supply chain connection with the producer. Therefore, the vision of the business will be to become one of the top-rated Volkswagen dealers in Geneva. The mission of XXX Automobile will be to gain and empower customer loyalty by delivering quality products, services and professional assistance to the customers. The major drivers of the business would be: To manage the threat of other competitors of XXX Automobile through effective advertisements and promotion To deliver products on schedule To control the budget To manage the expenses of business To provide superior customer service To maintain strong network with customers and other business associates 2.1 Business Opportunity The Swiss automobile market has remained resilient throughout the first quarter of 2012 and experienced increase of car registration by 9% than the previous year. The sales of passenger vehicles have demonstra ted strong

My Favorite Entrepreneur Essay Example for Free

My Favorite Entrepreneur Essay My favorite entrepreneur: Ms. Oprah Winfrey Oprah Winfrey was born into poverty by a teenage single mother in 1954 in Kosciusko, Mississippi. For the earliest years of her life she was raised by her maternal grandmother, and under her kind-hearted discipline was taught to read by the age of two and speak exceptionally by the age of three. When Winfrey was six years old, she was sent to live with her mother in Wisconsin. She was submerged into inner-city Milwaukee, and faced the hardships of growing up in the urban ghetto. Her mother had many problems of her own and was so consumed by them that she was unable to give attention to her daughter. This had many adverse consequences, and left Winfrey vulnerable to multiple counts of sexual abuse at an early age, including by her mothers boyfriend, a teenage cousin, and a family friend. She also became pregnant at the age of 14, but her son died at infancy. As she got older, she struggled with racism and was discriminated against by her peers because of her economic status. The neglect and problems she encountered led Winfrey to develop an aggressive attitude, and eventually her mother could no longer deal with Winfreys delinquency and so she sent her to live with her father in Nashville, Tennessee. With his strict disciplinary mechanisms and value for education, Winfreys father helped her turn her life around. She became an honor student and at the age of 17 began her broadcasting career on the radio station WVOL. She earned a scholarship to Tennessee State University and studied drama and speech. At the age of 19 she landed an anchor position for WTVF-TV, Nashvilles CBS affiliate. Here she was the first African-American and the youngest person to ever be an anchor on the network. Not too late afterwards in 1976 she moved to Boston to take on a position as co-anchor for WJZ-TV evening news. However, it was hard for her to contain her emotions on many of her stories, and her attachment to the subject matter made her a poor fit for the position. She was fired for these reasons. Nevertheless, a manager at the network saw her ability to connect closely with the subjects and her excellent communication skills and found a position more suited towards her as a co-host on talk show People Are Talking. The show’s ratings soared, and Winfreys success attracted attention in the Midwest where she was offered a position as anchor on AM Chicago. It almost instantly became the #1 local talk show and within a year was renamed the Oprah Winfrey Show. The show was soon picked up in 120 cities and became the nation’s top talk show. However, Winfrey did not like the idea of working for someone else, and in 1986 she founded Harpo, Inc. and took on the Oprah Winfrey Show by 1988 in her own studio in Chicago. The third woman in history to own and produce her own show, as well as the first African-American to own her own entertainment production company, Winfrey was capitalizing success. The early years of the program was classified as a tabloid talk show, however as years went on Winfrey adopted broader topics such as disease, spirituality, substance abuse, geopolitics, domestic topics, celebrity interviews, and philanthropy. She herself has become one of our worlds most noted philanthropists and also hosts televised giveaways. In addition to her talk show, Winfrey acted and voiced-over in different movies and TV shows, as well as ones she produced herself like The Women of Brewster Place and Brewster Place. Furthermore, Winfrey has co-authored five books and publishes O, The Oprah Magazine and O at Home, which was dubbed the most successful start-up ever in the industry by Fortune in 2002. She also created her website Oprah. com, one of the top womens lifestyles websites, as well as Oprah’s Book Club, the largest book club in the world. Winfrey went on to co-found womens cable television network Oxygen. In January, 2011, Discovery Health Channel was changed into a new channel called OWN: Oprah Winfrey Network. Winfrey, for many years now, has been viewed as the most powerful woman in the entertainment industry, and even beyond the entertainment industry. The Wall Street Journal coined the term Oprahfication meaning therapy through public confession, and there have been numerous incidents of the Oprah effect where her public opinions influence consumer choices. She has been invited onto the corporate boards of ATamp;T, Ralph Lauren, and Intel, all of which she turned down. Winfrey holds a fairly private personal and business life, as all her employees are sworn to keep things private for the remaining of their lives, and she holds full control in all her distribution deals with ABC, Oxygen Network, and Hearst Magazines. She also holds 90% of Harpos stock. By the age of 41, Winfrey had a net worth of $340 million and replaced Bill Cosby as the only African American on the Forbes 400. She has remained the only African American to rank among Americas 400 richest people nearly every year since 1995, and is the ichest African American of the 20th century. From 2004 to 2006 Winfrey was the worlds only black billionaire and the first black woman billionaire in world history. In 2010 she took on the title of the richest self-made woman in America. Her 2011 salary was $290 million and she had a set worth of $2. 7 billion. Throughout this all, Winfrey is lives her life by two principles: live a great life for yourself and make a difference in the world. These ha ve been motivating factors for Winfrey too overcome the different struggles in her life and pull forward to a positive outcome. Her intellectual and emotional qualities paved the way for her to really connect with diverse people of difference backgrounds, values, and experiences, and to open up all sorts of subject matter in a some-how comfortable setting although very public. Her public speaking and proficient communication abilities allowed her to emerge as such a strong candidate in the industry. Even with that, Winfrey is a woman of self-improvement and took improv classes at Chicagos own Second City to work on her presence and wit in high pressure situations like on talk shows and live television. But her success isnt all in her broadcasting or talk shows. In fact, Winfrey says her success began as a third grader when she turned her book report in early. She stands by the ideas to always go the extra mile, and that we are all entitled to success. Let excellence be your brand, Winfrey says at a 2012 speech to Spellman College graduates. Winfrey is a strong believer in doing the right thing, and she guarantees that doing right will only allow for right to come back to you and carry you on your way to success. Another point Winfrey strongly upholds is finding a way to serve. She says that she doesnt serve TV she serves the world through TV, and that is what each of us should do as we find our niches to use our success as a way to serve. Furthermore, Winfrey believes it is key to know who you are and to take charge of your life. Making decisions for one’s self and pursuing goals is absolutely critical if one wants to find success. Winfrey was able to use these ideals, lessons from her life, and her true passions and talents to go from rags to riches, to become the Queen of talk shows, and a historical success legend.

History Of United States Coinage (coins) Essay -- essays research pape

History of United States Coinage Through United States history presidents like Lincoln, Roosevelt, Washington, Kennedy, Eisenhower and others have been displayed on U.S. Coin heads. The United States mint has also been responsible for designs such as the Indian head, the buffalo, and the ever famous lady liberty. Through the years the U.S. Mints have extended into three branches San Francisco, Denver, and Philadelphia (Yeoman, 2001 edition 101). Those branches are responsible for making certain marks on the coins to show that they are not counterfeit. The mints have also come up with what they call their proof standards. Coins have been around for many years, they have had changing mints, designs, and variety's which have all been represented by past events and presidents. The U.S. Mint has it's own standards as in how good of a state the coin is in after wear and tear. The best a coin can ever be is called the proof state which is a specially made coin distinguished by sharpness of the detail and usually with a brilliant mirror like surface (Yeoman, 1999 edition 5). The next state down is the mint state (ms) these coins show no trace of being worn nor blemishes or color loss (Yeoman, 1999 edition 6). Third down is called perfect uncirculated (ms-70) these coins show perfect new condition, showing no trace of wear, no evidence of scratches, handling or contact with other coins, very few regular issued coins are ever found in this condition (Yeoman, 1999 edition 7). The fourth down state is choice uncirculated (ms-65) which is an above average uncirculated coin which may be brilliant or lightly toned and has very few contact marks on the surface or rim (Yeoman, 1999 edition 8). The fifth state down is the uncirculated (ms-60) which has no trace of wear, but may show a number of contact marks, and surface may be spotted or lack some luster (Yeoman, 1999 edition 9). The sixth state down is choice about uncirculated (au-55) it bears evidence of light wear on only the highest points of the design, most of the mint luster remains (Yeoman, 1999 edition 10). The seventh state down is about uncirculated (au-50) this coin has traces of light wear on many of the high points and at least half the mint luster is still present (Yeoman, 1999 edition 11). The eighth state down is choice extremely fine (ef-45) the design is lightly worn through, but all features are shar... ...d for 14 years.   Ã‚  Ã‚  Ã‚  Ã‚  B.The half dollar is worth two quarters in the U.S. .   Ã‚  Ã‚  Ã‚  Ã‚   1.The Walking Liberty half dollar was minted for 31 years.   Ã‚  Ã‚  Ã‚  Ã‚   2.The Franklin half dollar was minted for 15 years.   Ã‚  Ã‚  Ã‚  Ã‚   3.The Silver Kennedy half dollar was only minted in 1964.   Ã‚  Ã‚  Ã‚  Ã‚   4.The Bicentennial Kennedy half dollar was minted for one year.   Ã‚  Ã‚  Ã‚  Ã‚  C.The Silver dollar was the most admired coin in the U.S. Mint.   Ã‚  Ã‚  Ã‚  Ã‚   1.The Morgan Silver dollar was minted for 43 years.   Ã‚  Ã‚  Ã‚  Ã‚   2.The Peace Silver dollar was minted for 14 years.   Ã‚  Ã‚  Ã‚  Ã‚   3.The Eisenhower Silver dollar was minted for seven years.   Ã‚  Ã‚  Ã‚  Ã‚   4.The Bicentennial Silver dollar was minted for one year.   Ã‚  Ã‚  Ã‚  Ã‚     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  

How Bilbo Baggins Changed to Become a Hero Essay

In J.R.R. Tolkien’s, The Hobbit, the heroic nature of Bilbo Baggins is depicted through his actions in each mental and physical challenge. His mental challenges in learning about himself, what he is capable of achieving, and being a faithful leader in times of crisis, the physical challenges of fighting off spiders, goblins, and Wood-elves. The hero of the novel is witnessed from being a modest and timid hobbit to a clever and respected leader. Even though he didn’t start off as an extraordinary hero, he was slowly turning into one. Bilbo’s growing valor is shown with his riddle fight with Gollum. â€Å"Straight over Gollum’s head he jumped, seven feet forward and three feet in the air.† This proves that Bilbo is willing to take risks and have the skill to jump that high takes true grit. Also in this chapter, he becomes more verbally heroic, for example: â€Å" ‘ Come on!’ said Bilbo. ‘I am waiting!’ He tried to sound bold and cheerful, but he did not feel at all sure how the game was going to end, whether Gollum guessed right or not.† Although Bilbo puts up a tough front by trying to sound brave and bold, he is still pretty weak inside, doubting his own abilities. However, this will change dramatically throughout the novel. Another way he has shown heroic qualities is when he had to save the dwarves from the elves. â€Å" ‘No time now!’ said the hobbit. ‘You just follow me! We must all keep together and not risk getting separated. All of us must escape or none, and its our last chance. His commanding words reflect off as a respected leader. When he said ‘all of us must escape or none’ it means he’s willing to leave no man behind, spoken like a true army general. In the same chapter, Bilbo showed greater heroism, â€Å"Bilbo did his best to find straw and other stuff to pack them in cozily as could be managed in a short time.† This proves that Bilbo cares about his friends and would suffer more himself for the comfort of other. Not only was it because he was the one who wanted them to go into uncomfortable barrels, he tried to make up for it the best he can, it was also because he felt that he was the ‘leader of the pack’ now and that he had the responsibility, the type of responsibility that only a hero would feel. When Bilbo was faced with a huge fear – Smaug, he was at first a little reluctant but confronted it anyways. â€Å" Now I will make you an offer, I have got my ring and will creep down this very noon. Then if veer Smaug ought to be napping – and see what he is up to.† This shows that even if he wasn’t enthusiastic about it, he still gave it a try. Coming from a tiny hobbit hole, eating cakes and drinking tea, it was very challenging for Bilbo to face a frightening, fire-breathing dragon. In chapter 16, ‘ A Thief in the Night’, Bilbo’s growing heroism is shown with the giving of the Arkenstone. Independent moral judgment is displayed when Bilbo goes against his true friend, Thorin. â€Å" Then Bilbo, not without a shudder, not without a glance of longing, handed the marvelous stone to Bard,† This shows that he is willing to give up anything, even the amazing Arkenstone and the friendship with Thorin, to do what’s right. Although he did want to keep their friendship and the Arkenstone at first, he is not materialistic and greedy and gave it to Bard. A hobbit that possesses this type of generosity can be called a hero. I think this novel is actually about the formation of Bilbo Baggins from comfort-loving Hobbit into a fully-fledged hero at the end of the novel. Therefore he doesn’t start off as a hero but certainly as his character develops by the incidents that he faces he shows himself to be truly heroic, especially in contrast to other â€Å"heroic† characters.

Should Students Wear Uniforms

Are Uniforms A Good Way to Improve Students Discipline and Motivation? AED 200 Introduction Uniforms have been a big debate for years. Some educators and parents believe feel uniforms are a great addition to the school system while others feel it is not giving student’s freedom of speech by expressing themselves in what they wear. Should Students Wear Uniforms? Should students wear uniforms is the big debate across school districts across the united states today. According to Eduguide. rg, school uniforms are one step that may break the cycle of violence; truancy and disorder by helping young students understand what really counts. Some feel students benefit from uniforms because it boosts their self-esteem. Students also have feel like they are in a fashion show dressing in uniforms makes students realize what on the inside that counts. Uniforms decrease the influence of gangs and are known to make things difficult for weapons being brought in hidden inside of clothes. Unifor ms improve learning.Uniforms reduce distraction and shapes focus on school work and making the classroom a more serious environment. Uniforms improve behavior and increase school attendance. Uniforms save families time and money. Parents report uniforms are cheaper than buying designer clothes or keeping up with the latest trends. Uniforms helps the administrators quickly identify outsiders who could be a danger to the students. Some people believe uniforms shows neatness by requiring students to tuck in their shirts, wear belts and wear shoes similar in color.Students dressing the same decreases teasing about clothing and shoe appearance. Uniforms prepare children for following a dress code for the future when they reach adulthood and join the workforce. Some children form their own groups in school in which wearing a certain thing or color or style. Some children use fashion trends to differentiate the popular ones from the unpopular children according to what they wear. Uniforms make it less possible for kids to be judged based on clothing choices. Uniforms prevent the competition to have the most fashionable clothes.Competition in school causes students to lose focus on schoolwork instead of on who is wearing the latest fashion trends. Uniforms eliminate clothes competiveness. Another article from Proffessorshouse. com states that some people claim that requiring a uniform increase graduation rates and also has an impact on children’s educational experience. Students performed on the uniform debate claim that uniforms encourage discipline, helps prevent social groups from forming opinions based on fashion status, gets rid of economic barriers and makes easily to identify persons at the school who should not be there.The article also talks about how some form of dress codes enforced around 75% of all schools dress codes are in place to outlaws offensive clothing being worn to the school. After reviewing another article from Ezinearticles. com uniform s create a source of identity and provides a sense of belonging according to the article the article some children’s believe the school chosen for them is a sort of achievement and the school uniform is a mark of inclusion, something to brag about and they feel proud and empowered wearing it.It eliminates the child having to worry about what to wear each day. Uniforms also relieve the parent of having to spend money to helping the child to keep up with the latest trends every day. Uniforms allow a sense of unified purpose to develop particular rivalry with other establishments. Uniforms reinforce children’s since of belonging to reassuring communities. In a 1996 Long Beach, Calif. speech, former President Bill Clinton announced his support of that district's uniform initiative.It didn’t get far in the United States but it also helped start the debate. Uniforms also closes the debate on what children are allowed wear to school, then that makes mornings easier for parents and for children. Everyone knows exactly what the kids need to wear, their regulated school uniform. This leads to a decrease in morning arguments. Some experts believe that when the entire student body is dressed in uniforms, they develop a stronger team mentality. When they are all dressed alike, their all-for-one-and-one-for-all attitude is boosted.With parents saving by not having to buy day to day clothes, they can let their children buy a few nicer and more fashionable clothes for weekends and evenings. Wearing a uniform five days a week can make children appreciate their weekend fashions more. Why Students Should Not Wear Uniforms Parents on the opposing side feel uniforms violate the right to freedom of speech and expression; a uniform cost too much for families struggling financially, uniforms are a band aid on the problem of school violence and does not address the real issues behind it.Uniforms hide warning signs that point to problems that maybe going on with th e child. Some feel that uniforms have not been able to prove wither the decreased discipline or violence and uniforms fail to allow children the ability to learn and make good choices based on their own values. Most feel that uniform are not allowing children to be themselves. Some believe that children cannot be themselves clothes are an expression of who they are. Parents feel that uniforms can be more expensive than regular clothes.Some parents may feel they are a big waste of money wither the school paid for them or not. Some feel uniforms made children uncomfortable and made them focus on the uniform rather than focusing on school work. Also uniforms do not change a child’s behavior in school. Wearing uniforms stop children from getting in trouble and acting out in school. Self-expression is an important part of a child’s development and curbing it with uniforms can be determined to children. Some feel if students are not able to express themselves will in another way by excessive make-up or hairstyles or jewelry.Uniform wear delays transitions into adulthood. Some experts feel teenagers to wear uniforms limits their ability to express in their own way in which can delay their transition in adulthood. Studies show uniforms can be a difficult to enforce in public schools. Conclusion Uniforms have many pros and cons, most believe uniforms are a good option for kids while others feel they can compromise who kids are through expressing themselves through the clothes they wear uniforms cuts down on violence and is a solution to economic problems parents may be facing today.My own personal experience with uniforms causes me to look at uniforms in both sides of the issue. I feel uniforms should be forced in middle or high school but voluntary in elementary schools. I feel most kids in elementary school do not notice what each other wear. Middle and high school is the times where students notice what the other person is wearing or form groups based on who they think are popular or the other. Uniforms are a choice based on school officials and it is up to the child or school if uniforms work. References Website: EduGuide. com Website: Ezarticle. com Website: About. com