Thursday, November 28, 2019

Who Killed Jfk Essays - Lee Harvey Oswald, JFK, Warren Commission

Who Killed Jfk? Who Killed JFK? Who Killed JFK? You may ask why I say this, but its something you really need to know. If you believe that Lee Harvey Oswald killed him then you are taking part in probably the biggest government conspiracy known to man. This massive cover-up will last for years and probably violate every single law known to man. Well, when the people started to get suspicious about the mystery involving the murder, the government dispatched the Warren Commission to investigate and silence all doubts concerning the mystery around the murder of President Kennedy. The warren commission established a single bullet theory, which stated that two of President Kennedys wounds and all five of Governor Connallys were caused by the magic bullet, to back up all claims that Lee Oswald was the only person shooting at the president. In September 1964 the Warren Commission stated that they could find no credible evidence that there was a conspiracy. The Warren Commission also wanted the people to believe the fatal head shot that killed JFK was fired by Oswald. That means that the exit wound must be in the front of the head and the entrance wound in the back of the head. All of the eye witnesses, doctors, and nurses that saw the presidents head would of said that the exit of the bullet was in the back of the head, which means that there was another shooter who was in front of JFK. All of the real autopsy photographs of the presidents head showed that the exit wound was in the back of the head, hard proof that there was another shooter which means conspiracy. Lee Oswald had no apparent motive to murder President Kennedy. There is not a single known instance in Oswalds life where he expressed even a slight negative comment in reference to President Kennedy. Right after the shooting Patrolman Marion Baker headed straight to where he thought the shots came from, The Texas School Book Depository, 105 seconds after the first shot, when he reached the second floor cafeteria by stairs, he saw Oswald sitting down drinking a coke, after a positive check to see if Oswald worked there he headed up the back stairs on pursuit. While in jail the police interrogated Oswald for twelve straight hours and failed to keep any written, tape, or video record of the interrogation. Before Oswald had any chance to consult a lawyer he was killed by Jack Ruby when being transferred by police. Was Oswald a cover-up guy for the government to place blame on? According to Robert Groden since November 1963, there have more than 400 deaths of witnesses to the assignation of President Kennedy, witnesses to Lee Oswalds activities, Jack Rubys associates, those involved in the medical procedures at Parkland Hospital, and the autopsy at Bethesda Naval Hospital. The causes of these deaths are sometimes quite bazarre. Death by karate chop, gunshot, and slit throat are not exactly natural causes of death, yet many obvious murders were deemed natural. The most famous person to die was news reporter, Dorthy Kilagallen, who was the only person allowed to interview Jack Ruby in jail. She stated that she would fly to New Orleans and break this mystery wide open. On November 8,1963 she was found dead of a massive barbiturate overdose. Was this murder or not? Some people and groups who are possibly involved in the murder and cover-up are people at odds with JFK or who had something to gain over his death. One possibility are tyrannical and ego-centric head of FBI J. Edgar Hoover, who was also at war with JFK. Some others are several powerful factions of the CIA and the Anti-Castro Cuban community over the Bay of Pigs fiasco. So who really killed JFK, well no one really knows because the government buried all evidence deep within secret files for the protection of us. I believe that Oswald is innocent and just a cover-up man, and it was high powered government officials who had something to gain from his death. So who killed him, I will leave that to you. Social Issues

Sunday, November 24, 2019

How to Grow Bismuth Crystals

How to Grow Bismuth Crystals Bismuth is one of the easiest and prettiest metal crystals that you can grow yourself. The crystals have a complex and fascinating geometric hopper form and are rainbow-colored from the oxide layer that quickly forms on them. Follow these step-by-step instructions to grow your own bismuth crystals. Bismuth Crystal Materials Bismuth2 Stainless steel measuring cups or aluminum cans that you have cut in half to make shallow bowlsStove, hot plate, or propane torch You have a few options for obtaining bismuth. You can use non-lead fishing sinkers (for example, Eagle Claw makes non-lead sinkers using bismuth), you can use non-lead ammunition (the shot will say it is made from bismuth on the label), or you can buy bismuth metal. Bismuth is readily available from online retailers, such as Amazon. Although bismuth is much less toxic than other heavy metals, its not exactly something you want to eat. If you use steel measuring cups, it would be best if you only used them for the bismuth project and not for food. If you dont have aluminum cans or are concerned about the plastic coating often found on cans, you can fashion a bowl from aluminum foil. The quality of crystals you obtain depends in part on the purity of the metal, so make sure you are using bismuth and not an alloy. One way to be certain of the purity is to remelt a crystal of bismuth. It can be used over and over again. Otherwise, youd do well to read product reviews from a supplier to learn whether or not the product is pure enough for crystallization. Growing Bismuth Crystal Materials: Bismuth element (metal) and a heat-safe metal containerConcepts Illustrated: Crystallization from a melt; Metal hopper crystal structureTime Required: Less than an hourLevel: Beginner Grow Bismuth Crystals Bismuth has a low melting point (271 °C or 520 °F), so it is easy to melt over high cooking heating. You are going to grow the crystals by melting the bismuth in a metal dish (which will have a higher melting point than the bismuth), separate the pure bismuth from its impurities, allow the bismuth to crystallize, and pour away the remaining liquid bismuth from the crystals before it freezes around the crystals. None of this is difficult, but it takes some practice to get the cooling time just right. Dont worry- if your bismuth freezes you can remelt it and try again. Here are the steps in detail: Place the bismuth in one of your metal dishes and heat it over high heat until it melts. Its a good idea to wear gloves since you are producing a molten metal, which is not going to do you any favors if it splashes onto your skin. Youll see a skin on the surface of the bismuth, which is normal.Preheat the other metal container. Carefully pour the melted bismuth into the heated clean container. You want to pour the clean bismuth out from under the gray skin, which contains impurities which would negatively affect your crystals.Set the clean bismuth in its new container on a heat-insulated surface (e.g., set the container back on the burner, but turn the power off). The cooling rate of the bismuth affects the size and structure of the resulting crystals, so you can play with this factor. Generally, slower cooling produces larger crystals. You do not want to cool the bismuth until it is solid!When the bismuth has started to solidify, you want to pour the remaining liquid bismuth away fr om the solid crystals. This happens after about 30 seconds of cooling. You can tell it is about the right time to pour the liquid away from your crystals when the bismuth is set, but has just a little jiggle to it when jarred. Sounds scientific, right? Once the crystals have cooled, you can snap them out of the metal container. If you are not satisfied with the appearance of your crystals, remelt and cool the metal until it is just right. If you have trouble getting the bismuth crystal out of the container, you might try remelting the meta and pouring it into a flexible silicone rubber container. Be aware silicone is only good up to 300  Ã‚ °C, which is just barely above the melting point of bismuth. You need to melt the metal in one container and be sure it has cooled enough to start solidifying before transferring it to the silicone.

Thursday, November 21, 2019

Financial markets Essay Example | Topics and Well Written Essays - 750 words

Financial markets - Essay Example Financial markets form one of the financial systems that perform an important economic function by providing a channel of funds from the savers to the spenders or the borrowers that contribute to the economic efficiency. Savers use less money than the incomes while the borrowers wish to sped use more money than their income, which ensures that borrower who want to investor is able to undertake out an investment despite less income by selling bonds to the savers (Mishkin, 2012). The financial market is closely regulated promoting safety in the fund channeling from the savers to the borrowers encouraging a large number of institutions to the markets because they feel secure increasing efficiency in the financial markets. Consequently, increased security in the financial markets translates to the overall economic efficiency. Additionally, financial markets improve consumers’ well-being because it allows them to schedule and time purchases better, which contribute towards the overall economy efficiency in a country and from a global perspective. i. Capital markets trade long term securities in which the institutions as well as the individuals trade financial securities (Bacha & Mirakhor, 2013). The capital markets ensure that financial resources are equally distributed across Qatar. They include A number of securities are traded in the Qatar’s financial markets including Sukuk or Islamic bonds, shares/common stock, commodities, derivatives, and currencies. Islamic bonds are bonds that are not meant to for conventional interests, but help in the development of innovative assets that comply with Islamic law. Oil and gas are the main commodities in the Qatar’s commodity market. b) Diversified and broad platform of investment: Financial markets such as stock exchange offer a wider investment opportunity that lead to the economic development in Qatar. Various companies offer diversified types of securities; hence,

Wednesday, November 20, 2019

Ethical considerations and regulatory requirements in the development Essay

Ethical considerations and regulatory requirements in the development of NAS - Essay Example It encompasses the ethical and scientific aspects to be considered when planning, performing, documenting and reporting all phases of the clinical trial. The regulations and guidelines in conducting these trials are set forth in order to safeguard the rights, safety and overall well-being of trial subjects. In the process of obtaining human subjects for the clinical trial, it is necessary to procure a written informed consent from the persons involved. The Nuremberg Code of 1947 states that, "voluntary consent of the human subject is absolutely essential. This means that the person involved should have legal capacity to give consent; should be so situated as to be able to exercise free power of choice, without the intervention of any element of force, fraud, deceit, duress, overreaching, or other ulterior form of constraint or coercion; and should have sufficient knowledge and comprehension of the elements of the subject matter involved as to enable him to make an understanding and enlightened decision. This latter element requires that before the acceptance of an affirmative decision by the experimental subject there should be made known to him the nature, duration, and purpose of the experiment; the method and means by which it is to be conducted; all inconveniences and hazards reason ably to be expected; and the effects upon his health or person which may possibly come from his participation in the experiment.† " (Mitscherlich et. al., par. 2) In cases where an individual is considered unable to give informed consent, such as in the case of unconscious patients, children, and/or mentally ill patients, another person is generally authorized to give consent on their behalf. This is permissible only if the necessity of having this particular set of subject has been established and that there are no other alternatives otherwise. Also, the subject should be duly informed of his right to terminate his participation in the experiment at any given time, provided that he informs the investigator of his intentions to withdraw from the study and his reason for doing so. The ICH GCP guideline on informed consent maintains that, "The written informed consent form and any other written information to be provided to subjects should be revised whenever important new information becomes available that may be relevant to the subject's consent. Any revised written informed consent form, and written information should receive the IRB/IEC's approval/favourable opinion in advance of use. The subject or the subject's legally acceptable representative should be informed in a timely manner if new information becomes available that may be relevant to the subject's willingness to continue participation in the trial. The communication of this information should be documented." (ICH GCP 4.8.2, page 20) The written approval or favorable opinion of the written consent form and other written information to be given to the subjects should be obtained from the IRB/IEC before starting the clinical trial. (ICH GCP 4.8.1, page 20) Question #2: Can the testing of medicines in healthy volunteers be justified according to the

Monday, November 18, 2019

Assessments and children Essay Example | Topics and Well Written Essays - 250 words

Assessments and children - Essay Example Teachers in early childhood education should be very committed, as children require extra care and the teacher should be very attentive to ensure that the children really understand what they have learnt in class. Additionally, the teacher should be ready to communicate as he or she has to inform parents about the progress of their children, has to communicate with children to ensure that they understand, and has to report to the school management (Childcare Education Institute Para. 1-7). Teachers use several tools to assess the progress of the pupils and one assessing tool used is a review and reflection tool. This tool assesses and reflects on the progress the knowledge that children have acquired in class and enables the teacher to come with strategies to handle each child. The advantage of this assessment tool is that it makes children to be keen on the things learnt in class and promotes the relationship between the teacher and the child. Additionally, there are high expectations of children understanding the lessons learnt in class through reflections (Flottman, Stewart, and Collette 6-12). In conclusion, early childhood education has been vital in molding children about life and the teachers in early childhood education should be committed and use the right tools to ensure that children understand things learnt in class. Flottman Rachel, Stewart Lucinda and Collette Tayler. Practice Principle 7: Assessment for Learning and Development. 2011. Web. 28 Jan. 2014.

Friday, November 15, 2019

Online Shoe Company Business Strategy

Online Shoe Company Business Strategy INTRODUCTION The business strategy game is an online, PC-Based game in which you run the world wide athletic footwear market in confronting each other competition against other markets companies run by different group of students into different industry. But this paper only focus on the industry 10 where 12 different companies named Air Nike, Dolce and Banana, IMF vs WTO, Fabulous Foots, Galpha, BAD BOYZ III, Legs supreme, CHU WUB CHU WUB, KVincci, , E-XIE, HA-N Ltd., and Just walk are included. In my industry BAD BOYZ III includes five members (Virayudh Baram, Saif Ur Rehman, Ying Zhao, Maliha Hasin and Imran Shahzad) are responsible for managing all aspects of the companys operation. Every company tried to use their best technique and execute well planned strategies for their company specially considering against the strategies of competitor companies, delivers good bottom-line results (Net Revenue, Earning per share (EPS), the return on equity (ROE), stock price, credit rating and image rating ) and builds shareholder value. This paper is divided in three main sections. First section describe the strategy adopted by BAD BOYZ III Company with the help of Michael Porter â€Å"Five Forces† theory, second section describes the external analysis of company using PESTLE analysis and at end the BAD BOYZ III company analysis from year 11 to year 17 will be discussed with each year progress diagrams shown in Appendix. BUSINESS STRATEGY IMPORTANCE The business strategy game is real time practice business environment. In this game our role is as Manager who responsible to use productive and efficient strategies for company production and profit. In strategic management the role and effect of top managers on company performance and importance of this relationship how may be affected by companys strategy is always recognize as critical issues (Hambrick and Mason (1984), Gupta and Govindarajan (1984), Gunz and Jalland (1996)). Business strategy is influenced by top management team of any firm (Hambrick and Mason, 1984). MICHAEL PORTER (1985) BASIC STRATEGY MODEL Michael Porter (1985) describes market Industry constitution and arrangement within the market is key factor for establishment of competitive strategy. Competitive advantages of any company against other competitors can be described by the â€Å"Five Forces† diagram shows the main idea of Porters theory of competitive advantage. This theory helps companies to know about the rules and regulation of competition in market. Porter argues, The ultimate aim of competitive strategy is to cope with and, ideally, to change those rules in the firms behavior (1985, p. 4).† According to Porter five forces find out company prosperity and profitability. Micheal Porter (1985) five forces are given below: Threat of substitutes Threat of new entrants Bargaining power of buyers Bargaining power of suppliers Competition among existing companies Porters 5 Forces Elements of Industry Structure In strategy implementation, competitive advantages, utilizing new production, new inputs for Foot Wear industry Porters Value Chain and Activity Mapping ideas give us useful information to applying these all activities. The value chain activities help BAD BOYZ III Company for examining all activities related to company performance and interaction such as (e.g. development, marketing, sales, operations, etc.) as a potential source of advantage. In year 12 company situation was little bit down and we were losing market shares in such situation we adopted the value chain activities of Porter. These activities help company existing and potential sources of differentiation e.g. products, associated services. The reason to choose this strategy ‘low cost and value chain system was helpful to underline the competitive advantages that cannot come from production side but anywhere from value chain. It also helps us to fit into value chains like suppliers, buyers and channels. PESTLE ANALYSIS PESTLE analysis is usually used to measure the organizations external factors like position, potential and direction for a business or organization. PESTLE is an acronym for Political, Economic, Social, Technological, Legal and Environmental factors. BAD BOYZ III Company PESTLE analysis is measured below: Political Factors Political factors illustrate that how and to what extent government intervenes in the investment. The main politics factors are trade barriers, tax policy, trade policies, labor law, export tariffs and environmental law. As concern to BAD BOYZ III Company not much influenced by these factors as all four regions North America, Asia Pacific, Latin America and Europe are associated with WTO. Economical Factors Economic factors show how business operate and what of decision would be make, these factors include economic growth, interest rates, exchange rates and the inflation rate. In the success and development of BAD BOYZ III company exchange rate, affect the costs o exporting products and the supply and price o imported product in an economy, plays a major role. From year 11 to year 17 company maintained a steady exchange rate. Even though company made some mistakes but due to healthy exchange rate company never fall badly. Social Factors These factors show cultural effects, health and safety aspects, people their age, population and growth rate, age and careers approaches. BAD BOYZ III Company participated in charity an as well Corporate Social Responsibility (CSR) and also providing complete health and safety environment. Technology Factors Technology factors are ecological and environment aspects like Research and development (R D), technology usage rate and automation, determine barriers to entry, low productive manufacturing level and impact on outsourcing decisions. BAD BOYZ III knows the importance of technology and benefits in business environment. Company all private label capacity stocks in Latin America and Asia Specific was up to date because these technology shifts can affect costs, quality, and lead to innovation. Environment Factors In environment major factors are weather, climate and variation in climate include weather, climate, and change. These factors can be analyzed as company insurance, farming and tourism. Up to date with weather inform company operation according to weather and products they offer to their customers. Legal factors Legal factors determine company legal boundary, discrimination law, consumer law, antitrust law, employment law, and health and safety law. These are average fixed value of any country and companies cannot across these boundaries. ANALYSIS OF BAD BOYZ III COMPANY FROM YEARS 11 TO 17 A complete and in depth analysis of BAD BOYZ III company is given below: Year 11 In the begging of year 11, BAD BOYZ III has total production plant capacity 6,000,000 to complete the requirements of production only for two regions North America and Asia Pacific. BAD BOYZ III Company has also managed to fulfill the production requirements of remaining regions Latin America, Europe-Africa. In the start of year 11 the demand in North America and Asia Pacific is not much high as compared to present production. So our company decided to sell 200,000 production in North America and 800,000 in Asia Pacific. BAD BOYS III adopt strategies free shipping, model offer and attractive price and advertisement in internet segment and in whole sale garment we offer rebate and model with delivery time guaranteed and advertisement to compete in competitive market. With these strategies we got good market share in internet segment but the market share in whole sale was not according to wish. At the end of year 11 our companys progress was good in contrast with other market companies with 7th position out of the 12. BAD BOYZ III company overall progress was good in footwear industry with revenue $266583000, net profit $ 30224000 with credit rating A-. Year 11 complete detail of BAD BOYZ III competitive strengths and weakness and development can be seen from appendix-1. Year 12 In year 12 BAD BOYZ III company co-managers made some changing in their management and business strategy to get maximum profit from footwear industry market. As the result of year 11 and market competitive approach we decided to sell our products with high and standard quality. As the result of new strategy, quality of product, profit was good and also helped to get high position. In internet segment our competitive strength was marketing, celebrity appeal, S/Q rating and model offer but with some weakness like retail price and shipping charges was some kind of not good factor in competitive market. In whole sale market our S/Q rating, rebate offer and retailer supports were our competitive strength points while the competitive weakness were wholesale price and retail outlets. At the end of year 12 because of some weaknesses in whole sale market and internet segment, company overall progress and position of BAD BOYZ II was down 10 out of 12 with revenue 201395000, net profit 8,587,000, EPS 0.86 and credit rating â€Å"c†. The complete description of BAD BOYZ III company year 12 weaknesses, strengths and overall progress is shown on appendix -2. Year 13 Year 12 result forced the BAD BOYZ III management to seriously take the notice of company performance that is going down. After a long discussion among BAD BOYZ III company co-manager we concluded that we should re-evaluate the company strategy and offer high quality products with low price that strategy lead to ‘low cost and increase market shares described by Portal(1985) five forces theory which is focus on high quality with low price. To achieve maximum profit and top position in footwear market we also considered about the private label segments. Year 13 is the year of thinking for us as the result of year 12 that make us to re-think our all strategies and policies that makes impact on our competitive strategies. With adoption of new strategy our competitive strengths retail price, advertising and model significantly increased but still some weaknesses are shipping charges and retail outlet are there. Because of change in strategy and improvement in retail segment, at end of year 13 Company received very good response in private label segment and got satisfaction results in other segments like revenue $ 393,872,000 that is double of last year 12, net profit was $ 31,854,000 with the ratio of earning per share equal to 3.19. These out comes caused companys rank improvement like was 8th out of 12th. In appendix-3 the BAD BOYZ III Companys year 13 overall progress including strength and weaknesses has shown. Year 14 Year 13 results increase our confidence and courage to getting more effective and efficient in the market and also lead us to understand the purchasing behavior of consumers. In year 14 we continued our last used strategy high quality with cheap price to attract more and more customers. It can only be achieved with high production as amount of consumers increased compared last year. To complete this target we need high amount money thats why BAD BOYZ III Company took a long term loan $ 248,000,000 from the bank. That loan enabled us to fulfill the production plant capacity 4600,000 per year in North America. To get high profit and maximize the sale production we seriously focus on private label that enables BAD BOYZ III competitive strengths increased as compare to the year 13 and sufficient reduction in weaknesses like internet segment and wholesale segment. End of the year 14 BAD BOYZ III Company almost received 100% response and overall progress was getting better with revenue $577,496,000 and net profit $41612, 000. In private label segment company done well and sell all pairs in private label segment caused the market share of private label segment increased such as 76.6% in North America, 52.0 % in Asia-pacific and 62.9% in Latin America as contrast to other market shares. This year increase in private label segment and overall progress helped BAD BOYZ III Company to improve its position like 6th out of 12th. For over all progress see Appendix-4. Year 15 Year 15 was little bit thinking year for BAD BOYZ III management team as the competition and consumers increasing unexpectedly. So our management decided to fix with no cost leadership and customer purchasing behaviors strategy by following Porter (1985) five forces and considering more on North Americas private label segment. The main reason to focus on North America was company high expenditure in this region because of more consumers and demands. Company wanted to get 100% feedback from that region as last year our management bought new plant capacity for it. Increased in demand and production caused the increase in BAD BOYZ III competitive strengths as compare to previous year such as ‘celebrity appeal but weakness remained same as ‘model availability. End of the year 15th brought good news in market share as BAD BOYZ III achieved all market share from North America in private label segment as compared to other regions but with some sad news as company lost his market share in rest of regions. The total revenue was $ 530,284,000 and net profit $ 55474,000 which is somewhat increased as contrast to year 14. In BAD BOYZ III company success story another success was stock prize $ 102.49 and company also offered amount 10,135,000 dividend this year. The company rank was getting better and better as was 5 out of 12. In Appendix-5 year 15 overall progress is shown. Year 16 In year 16, BAD BOYZ III Company decided to remain fixed with same strategy as in year 15 company sold almost all products. To achieve this target company decided to increase the production and plants in different segments especially in North America and Asia Pacific to produce more revenue. Company was getting satisfaction feedback from North America, so company decided to build more plant capacity in North America as well in Asia Pacific region. BAD BOYZ III Company purchased 1500 plant capacity and build 500 in North America and also considering Asia Pacific purchased 800 plants capacity in that region. In year 16th the companys competitive strengths were celebrity appeal and advertising same as last year and company also tried to get rid of the weakness related to company production and profit. Company decided to sell quantity of 500 stocks in the price of $ 96.72 as stock price was really high. At the end of the year 16th the BAD Company revenue was $ 537,898,000 that is little bit high as contrast the previous year and net profit was $30,721,000. As company was getting almost 100% market share in private label from North America caused BOYZ III market share strong position in foot wear market. Appendix-6 represents the Year 16 over all progress. Year 17 Year 17 was decision year for BAD BOYZ III management because company management decided to buy new plant in North America with capacity of 1,900,000 pairs per year. This decision is made on behalf of the year 16 results as consumers increase unexpectedly. Company also reduced the 50% prices of pairs to sell more and more products in all regions to accomplish this strategy and apply these prices we need more and more stocks. Company decided to purchase new 3135 stocks with the price of 57.73 per share. These share prices were higher than the average market shares and company still focusing on North America private label segment with 90.5% share. As mentioned above year 17 was decision year for BAD BOYZ III to make another major decision in market. For this purpose we make a commission to discuss all aspects of Footwear Company including stocks and competitive environment. In this commission we included that we should offer 4000 pair at price of $ 40, was doubled as compare to last year, in North America private label region. That decision is made on two reasons: From the last few years company was getting required feedback from North America. There were no strong competitors in North America. At the end of year 17th the decisions made and strategies applied resulted in excellent outcomes. In North America private label company sold 3546 pairs out of 4,000 at double price $40. BAD BOYZ III company revenue was 690,317,000 and net profit was 107,491,000 increased highly up to 300%. These successful factors boost company rank to top three positions like was 3rd out of 12. The other big achievement was in region of Earning per Share (EPS) that was $14.33 helped to come in 76th position from all over the world in footwear industry. APPENDIXES Appendix-1 Year 11th BAD BOYZ III Annual Summary Report Appendix-2 Year 12th BAD BOYZ III Annual Summary Report Year 12th BAD BOYZ III Annual Summary Report Revenue Net Profit Earnings Per Share Stock Price Return On Equity Image Rating Credit Rating $201,395,000 $8,587,000 $0.86 $21.07 4.60% 61 C North America Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $62.66 $52.47 MAX $47.47 Model Offered 200 168 200 192 Advertising $15,000,000 $6,959,000 $15,000,000 $6,879,000 Celebrity Appeal 100 23 100 21 S/Q Rating 6 5 6 5 4 Market Share 10.0% 9.1% 6.6% 8.3% 0.0% 100.0% Europe Africa Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $69.52 $62.80 $53.32 MAX $48.32 Model Offered 200 166 200 192 Advertising $15,000,000 $6,771,000 $15,000,000 $6,771,000 Celebrity Appeal 70 18 70 18 S/Q Rating 6 5 6 5 4 Market Share 9.4% 8.3% 7.2% 8.3% 0.0% 100.0% Asia Pacific Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $95.53 $51.88 MAX $46.88 Model Offered 2 Online Shoe Company Business Strategy Online Shoe Company Business Strategy INTRODUCTION The business strategy game is an online, PC-Based game in which you run the world wide athletic footwear market in confronting each other competition against other markets companies run by different group of students into different industry. But this paper only focus on the industry 10 where 12 different companies named Air Nike, Dolce and Banana, IMF vs WTO, Fabulous Foots, Galpha, BAD BOYZ III, Legs supreme, CHU WUB CHU WUB, KVincci, , E-XIE, HA-N Ltd., and Just walk are included. In my industry BAD BOYZ III includes five members (Virayudh Baram, Saif Ur Rehman, Ying Zhao, Maliha Hasin and Imran Shahzad) are responsible for managing all aspects of the companys operation. Every company tried to use their best technique and execute well planned strategies for their company specially considering against the strategies of competitor companies, delivers good bottom-line results (Net Revenue, Earning per share (EPS), the return on equity (ROE), stock price, credit rating and image rating ) and builds shareholder value. This paper is divided in three main sections. First section describe the strategy adopted by BAD BOYZ III Company with the help of Michael Porter â€Å"Five Forces† theory, second section describes the external analysis of company using PESTLE analysis and at end the BAD BOYZ III company analysis from year 11 to year 17 will be discussed with each year progress diagrams shown in Appendix. BUSINESS STRATEGY IMPORTANCE The business strategy game is real time practice business environment. In this game our role is as Manager who responsible to use productive and efficient strategies for company production and profit. In strategic management the role and effect of top managers on company performance and importance of this relationship how may be affected by companys strategy is always recognize as critical issues (Hambrick and Mason (1984), Gupta and Govindarajan (1984), Gunz and Jalland (1996)). Business strategy is influenced by top management team of any firm (Hambrick and Mason, 1984). MICHAEL PORTER (1985) BASIC STRATEGY MODEL Michael Porter (1985) describes market Industry constitution and arrangement within the market is key factor for establishment of competitive strategy. Competitive advantages of any company against other competitors can be described by the â€Å"Five Forces† diagram shows the main idea of Porters theory of competitive advantage. This theory helps companies to know about the rules and regulation of competition in market. Porter argues, The ultimate aim of competitive strategy is to cope with and, ideally, to change those rules in the firms behavior (1985, p. 4).† According to Porter five forces find out company prosperity and profitability. Micheal Porter (1985) five forces are given below: Threat of substitutes Threat of new entrants Bargaining power of buyers Bargaining power of suppliers Competition among existing companies Porters 5 Forces Elements of Industry Structure In strategy implementation, competitive advantages, utilizing new production, new inputs for Foot Wear industry Porters Value Chain and Activity Mapping ideas give us useful information to applying these all activities. The value chain activities help BAD BOYZ III Company for examining all activities related to company performance and interaction such as (e.g. development, marketing, sales, operations, etc.) as a potential source of advantage. In year 12 company situation was little bit down and we were losing market shares in such situation we adopted the value chain activities of Porter. These activities help company existing and potential sources of differentiation e.g. products, associated services. The reason to choose this strategy ‘low cost and value chain system was helpful to underline the competitive advantages that cannot come from production side but anywhere from value chain. It also helps us to fit into value chains like suppliers, buyers and channels. PESTLE ANALYSIS PESTLE analysis is usually used to measure the organizations external factors like position, potential and direction for a business or organization. PESTLE is an acronym for Political, Economic, Social, Technological, Legal and Environmental factors. BAD BOYZ III Company PESTLE analysis is measured below: Political Factors Political factors illustrate that how and to what extent government intervenes in the investment. The main politics factors are trade barriers, tax policy, trade policies, labor law, export tariffs and environmental law. As concern to BAD BOYZ III Company not much influenced by these factors as all four regions North America, Asia Pacific, Latin America and Europe are associated with WTO. Economical Factors Economic factors show how business operate and what of decision would be make, these factors include economic growth, interest rates, exchange rates and the inflation rate. In the success and development of BAD BOYZ III company exchange rate, affect the costs o exporting products and the supply and price o imported product in an economy, plays a major role. From year 11 to year 17 company maintained a steady exchange rate. Even though company made some mistakes but due to healthy exchange rate company never fall badly. Social Factors These factors show cultural effects, health and safety aspects, people their age, population and growth rate, age and careers approaches. BAD BOYZ III Company participated in charity an as well Corporate Social Responsibility (CSR) and also providing complete health and safety environment. Technology Factors Technology factors are ecological and environment aspects like Research and development (R D), technology usage rate and automation, determine barriers to entry, low productive manufacturing level and impact on outsourcing decisions. BAD BOYZ III knows the importance of technology and benefits in business environment. Company all private label capacity stocks in Latin America and Asia Specific was up to date because these technology shifts can affect costs, quality, and lead to innovation. Environment Factors In environment major factors are weather, climate and variation in climate include weather, climate, and change. These factors can be analyzed as company insurance, farming and tourism. Up to date with weather inform company operation according to weather and products they offer to their customers. Legal factors Legal factors determine company legal boundary, discrimination law, consumer law, antitrust law, employment law, and health and safety law. These are average fixed value of any country and companies cannot across these boundaries. ANALYSIS OF BAD BOYZ III COMPANY FROM YEARS 11 TO 17 A complete and in depth analysis of BAD BOYZ III company is given below: Year 11 In the begging of year 11, BAD BOYZ III has total production plant capacity 6,000,000 to complete the requirements of production only for two regions North America and Asia Pacific. BAD BOYZ III Company has also managed to fulfill the production requirements of remaining regions Latin America, Europe-Africa. In the start of year 11 the demand in North America and Asia Pacific is not much high as compared to present production. So our company decided to sell 200,000 production in North America and 800,000 in Asia Pacific. BAD BOYS III adopt strategies free shipping, model offer and attractive price and advertisement in internet segment and in whole sale garment we offer rebate and model with delivery time guaranteed and advertisement to compete in competitive market. With these strategies we got good market share in internet segment but the market share in whole sale was not according to wish. At the end of year 11 our companys progress was good in contrast with other market companies with 7th position out of the 12. BAD BOYZ III company overall progress was good in footwear industry with revenue $266583000, net profit $ 30224000 with credit rating A-. Year 11 complete detail of BAD BOYZ III competitive strengths and weakness and development can be seen from appendix-1. Year 12 In year 12 BAD BOYZ III company co-managers made some changing in their management and business strategy to get maximum profit from footwear industry market. As the result of year 11 and market competitive approach we decided to sell our products with high and standard quality. As the result of new strategy, quality of product, profit was good and also helped to get high position. In internet segment our competitive strength was marketing, celebrity appeal, S/Q rating and model offer but with some weakness like retail price and shipping charges was some kind of not good factor in competitive market. In whole sale market our S/Q rating, rebate offer and retailer supports were our competitive strength points while the competitive weakness were wholesale price and retail outlets. At the end of year 12 because of some weaknesses in whole sale market and internet segment, company overall progress and position of BAD BOYZ II was down 10 out of 12 with revenue 201395000, net profit 8,587,000, EPS 0.86 and credit rating â€Å"c†. The complete description of BAD BOYZ III company year 12 weaknesses, strengths and overall progress is shown on appendix -2. Year 13 Year 12 result forced the BAD BOYZ III management to seriously take the notice of company performance that is going down. After a long discussion among BAD BOYZ III company co-manager we concluded that we should re-evaluate the company strategy and offer high quality products with low price that strategy lead to ‘low cost and increase market shares described by Portal(1985) five forces theory which is focus on high quality with low price. To achieve maximum profit and top position in footwear market we also considered about the private label segments. Year 13 is the year of thinking for us as the result of year 12 that make us to re-think our all strategies and policies that makes impact on our competitive strategies. With adoption of new strategy our competitive strengths retail price, advertising and model significantly increased but still some weaknesses are shipping charges and retail outlet are there. Because of change in strategy and improvement in retail segment, at end of year 13 Company received very good response in private label segment and got satisfaction results in other segments like revenue $ 393,872,000 that is double of last year 12, net profit was $ 31,854,000 with the ratio of earning per share equal to 3.19. These out comes caused companys rank improvement like was 8th out of 12th. In appendix-3 the BAD BOYZ III Companys year 13 overall progress including strength and weaknesses has shown. Year 14 Year 13 results increase our confidence and courage to getting more effective and efficient in the market and also lead us to understand the purchasing behavior of consumers. In year 14 we continued our last used strategy high quality with cheap price to attract more and more customers. It can only be achieved with high production as amount of consumers increased compared last year. To complete this target we need high amount money thats why BAD BOYZ III Company took a long term loan $ 248,000,000 from the bank. That loan enabled us to fulfill the production plant capacity 4600,000 per year in North America. To get high profit and maximize the sale production we seriously focus on private label that enables BAD BOYZ III competitive strengths increased as compare to the year 13 and sufficient reduction in weaknesses like internet segment and wholesale segment. End of the year 14 BAD BOYZ III Company almost received 100% response and overall progress was getting better with revenue $577,496,000 and net profit $41612, 000. In private label segment company done well and sell all pairs in private label segment caused the market share of private label segment increased such as 76.6% in North America, 52.0 % in Asia-pacific and 62.9% in Latin America as contrast to other market shares. This year increase in private label segment and overall progress helped BAD BOYZ III Company to improve its position like 6th out of 12th. For over all progress see Appendix-4. Year 15 Year 15 was little bit thinking year for BAD BOYZ III management team as the competition and consumers increasing unexpectedly. So our management decided to fix with no cost leadership and customer purchasing behaviors strategy by following Porter (1985) five forces and considering more on North Americas private label segment. The main reason to focus on North America was company high expenditure in this region because of more consumers and demands. Company wanted to get 100% feedback from that region as last year our management bought new plant capacity for it. Increased in demand and production caused the increase in BAD BOYZ III competitive strengths as compare to previous year such as ‘celebrity appeal but weakness remained same as ‘model availability. End of the year 15th brought good news in market share as BAD BOYZ III achieved all market share from North America in private label segment as compared to other regions but with some sad news as company lost his market share in rest of regions. The total revenue was $ 530,284,000 and net profit $ 55474,000 which is somewhat increased as contrast to year 14. In BAD BOYZ III company success story another success was stock prize $ 102.49 and company also offered amount 10,135,000 dividend this year. The company rank was getting better and better as was 5 out of 12. In Appendix-5 year 15 overall progress is shown. Year 16 In year 16, BAD BOYZ III Company decided to remain fixed with same strategy as in year 15 company sold almost all products. To achieve this target company decided to increase the production and plants in different segments especially in North America and Asia Pacific to produce more revenue. Company was getting satisfaction feedback from North America, so company decided to build more plant capacity in North America as well in Asia Pacific region. BAD BOYZ III Company purchased 1500 plant capacity and build 500 in North America and also considering Asia Pacific purchased 800 plants capacity in that region. In year 16th the companys competitive strengths were celebrity appeal and advertising same as last year and company also tried to get rid of the weakness related to company production and profit. Company decided to sell quantity of 500 stocks in the price of $ 96.72 as stock price was really high. At the end of the year 16th the BAD Company revenue was $ 537,898,000 that is little bit high as contrast the previous year and net profit was $30,721,000. As company was getting almost 100% market share in private label from North America caused BOYZ III market share strong position in foot wear market. Appendix-6 represents the Year 16 over all progress. Year 17 Year 17 was decision year for BAD BOYZ III management because company management decided to buy new plant in North America with capacity of 1,900,000 pairs per year. This decision is made on behalf of the year 16 results as consumers increase unexpectedly. Company also reduced the 50% prices of pairs to sell more and more products in all regions to accomplish this strategy and apply these prices we need more and more stocks. Company decided to purchase new 3135 stocks with the price of 57.73 per share. These share prices were higher than the average market shares and company still focusing on North America private label segment with 90.5% share. As mentioned above year 17 was decision year for BAD BOYZ III to make another major decision in market. For this purpose we make a commission to discuss all aspects of Footwear Company including stocks and competitive environment. In this commission we included that we should offer 4000 pair at price of $ 40, was doubled as compare to last year, in North America private label region. That decision is made on two reasons: From the last few years company was getting required feedback from North America. There were no strong competitors in North America. At the end of year 17th the decisions made and strategies applied resulted in excellent outcomes. In North America private label company sold 3546 pairs out of 4,000 at double price $40. BAD BOYZ III company revenue was 690,317,000 and net profit was 107,491,000 increased highly up to 300%. These successful factors boost company rank to top three positions like was 3rd out of 12. The other big achievement was in region of Earning per Share (EPS) that was $14.33 helped to come in 76th position from all over the world in footwear industry. APPENDIXES Appendix-1 Year 11th BAD BOYZ III Annual Summary Report Appendix-2 Year 12th BAD BOYZ III Annual Summary Report Year 12th BAD BOYZ III Annual Summary Report Revenue Net Profit Earnings Per Share Stock Price Return On Equity Image Rating Credit Rating $201,395,000 $8,587,000 $0.86 $21.07 4.60% 61 C North America Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $62.66 $52.47 MAX $47.47 Model Offered 200 168 200 192 Advertising $15,000,000 $6,959,000 $15,000,000 $6,879,000 Celebrity Appeal 100 23 100 21 S/Q Rating 6 5 6 5 4 Market Share 10.0% 9.1% 6.6% 8.3% 0.0% 100.0% Europe Africa Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $69.52 $62.80 $53.32 MAX $48.32 Model Offered 200 166 200 192 Advertising $15,000,000 $6,771,000 $15,000,000 $6,771,000 Celebrity Appeal 70 18 70 18 S/Q Rating 6 5 6 5 4 Market Share 9.4% 8.3% 7.2% 8.3% 0.0% 100.0% Asia Pacific Internet Segment: Wholesale Segment: Private Label Segment Actual Industry Average Actual Industry Average Actual Market Demand Price $75.30 $68.57 $95.53 $51.88 MAX $46.88 Model Offered 2

Wednesday, November 13, 2019

Home Schooling: Not For Everyone Essay -- Argumentative Persuasive Arg

Home Schooling: Not For Everyone Home schooling is when a child is instructed outside of the public school system in a place such as the home. In the year 2002, 850,000 students were home schooled in the United States out of about 50,200,000 that were attending school at that time (Home Schooling Statistics, 1). The numbers of students being home schooled are expected to grow even more in the future (1). Home schooling laws vary from state to state. In New Jersey the home schooling laws state that children between the ages of 6 and 16 can be home schooled (Home Schooling in the United States A Legal Analysis, 1). There is no requirement for the number of days a student must attend if they are home schooled, unlike the public schools who have to have 180 days of school each year (1). The few required subjects that must be taught are history of the United States, civics, physical education, health, geography, history of New Jersey, citizenship and safety (1). Any of these subjects can be omitted fro m the curriculum if they interfere with religious or moral beliefs of the family (1). Perhaps the most influential reason for why a parent would take their child out of public education is their fear for the quality of their childà °s education. Due to teacher unions and contracts after several years of teaching a teacher receives tenure. At that time it is hard for a teacher to be fired despite their teaching qualifications and abilities. Home schooling a child would assure the parents that their child is receiving a proper education up to their standards. By home schooling their children the parents can control the education by selecting subject courses that follow their own curriculum. The reso... ... any prior teaching certification or experience, which means they may not be able to provide their child with an adequate education. Although home schooling may benefit some students, it is clearly not right for every student. Home schooling has its advantages and disadvantages and its success is not always guaranteed. In some respects home schooling may be cost efficient, but is it really worth it especially since it hampers a child's socialization process. Sources Cited Home Schooling in the United States A Legal Analysis. (2003, August). Home School Legal Defense Association. Retrieved November 19, 2004 from http://www. hslda.org/laws/?State=NJ Home Schooling Statistics. #1 Home Schooling Information and Software. Retrieved November 17, 2004 from http://www.home-schooling-information-software.com/ Home-Schooling-Statistics.html